JustMarkets Review
JustMarkets, founded in 2012, is a Seychelles-based forex broker. It provides trading services internationally through three subsidiaries primarily serving traders in the Asia-Pacific region. It is one of the most widely used forex brokers in countries such as Thailand, Indonesia, and the Philippines. Its total global reach extends to almost 200 countries – despite the fact that it doesn’t offer services to traders in the US or the UK.
JustMarkets is a multi-market broker. In addition to forex trading, its clients have the ability to trade stocks, commodities, major market indexes, and cryptocurrencies.
JustMarkets states that its focus is on delivering tight trading spreads, rapid order execution, and excellent customer service. Comments from clients indicate that it achieves those stated goals. Variable bid and ask trading spreads at JustMarkets start as low as 0.0 pips.
JustMarkets has captured several industry awards, from various entities, over the 10+ years that it’s been in business, including the following:
- Best Forex Trading Platform- Best Forex Broker - Africa
- Best Broker – Asia
Traders who open an account with them can elect to have trading costs assessed as only spread fees or only commission fees. JustMarkets’ commission rates – at $6 per forex standard lot round turn trade - are slightly lower than the $7-$9 industry average.
The trading platforms available at JustMarkets are MetaTrader 4 and MetaTrader 5 – both are offered across desktop, mobile and WebTrader modalities. Clients can use one or both of the platforms. Traders can access JustMarkets’ own copy trading services, or find traders to copy through the MetaQuotes MQL4 or MQL5 interface with their trading platform.
There are only modest offerings of trader education resources, market news and analysis, and supplementary trading tools provided by JustMarkets. Therefore, it may not be the best choice for absolute beginners or for advanced traders who rely on extensive market research.
JustMarkets offers traders advantages such as low trading fees, narrow bid and ask trading spreads, and easy to use trading platforms. It also provides market access to trade stocks, indexes, commodities, and cryptocurrencies.
However, while JustMarkets does provide multi-market trading, the list of tradeable financial assets that it offers beyond the forex market is rather limited when compared to other multi-market brokers.
Typical Spread on Majors - Live
| EUR/USD | 1 |
| GBP/USD | 1 |
| USD/JPY | 1.5 |
- Company Info
- Swap Comparison
- Volume Comparison
| Headquarters | Mahe, Seychelles |
| Type of Broker | STP |
| Founded | 2012 |
| Regulated By | Regulated By FSC (Mauritius), CySEC (Cyprus), FSC (Mauritius), FSCA (South Africa) |
| Offices In | Seychelles, Mauritius, Cyprus, South Africa |
| Supported Languages | English, Indonesian, Malaysian, Spanish, Portuguese |
| ESMA Regulation ? | This broker is regulated within the E.U and may be subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article |
| Currencies Swap | |||
|---|---|---|---|
| Short | Long |
Type
| |
| Swap Chart for EURUSD for different FX Brokers |
|---|
| Change Currency | ||||
|---|---|---|---|---|
| Volume | ||||
| AUDCAD | 68 | |||
| AUDCHF | 37 | |||
| AUDJPY | 59 | |||
| AUDNZD | 68 | |||
| AUDUSD | 5 | |||
| CADCHF | 57 | |||
| CADJPY | 77 | |||
| CHFJPY | 54 | |||
| EURAUD | 55 | |||
| EURCAD | 86 | |||
| EURCHF | 35 | |||
| EURDKK | 1 | |||
| EURGBP | 24 | |||
| EURHUF | 106 | |||
| EURJPY | 54 | |||
| EURNOK | 138 | |||
| EURNZD | 61 | |||
| EURPLN | 6 | |||
| EURSEK | 199 | |||
| EURUSD | 7 | |||
| GBPAUD | 62 | |||
| GBPCAD | 80 | |||
| GBPCHF | 43 | |||
| GBPJPY | 46 | |||
| GBPNOK | 167 | |||
| GBPNZD | 62 | |||
| GBPSEK | 190 | |||
| GBPUSD | 11 | |||
| NOKJPY | 153 | |||
| NZDCAD | 84 | |||
| NZDCHF | 46 | |||
| NZDJPY | 60 | |||
| NZDUSD | 46 | |||
| SEKJPY | 185 | |||
| SGDJPY | 45 | |||
| USDCAD | 60 | |||
| USDCHF | 22 | |||
| USDCNY | 1 | |||
| USDCZK | 31 | |||
| USDDKK | 30 | |||
| USDHKD | 4 | |||
| USDHUF | 113 | |||
| USDJPY | 12 | |||
| USDNOK | 134 | |||
| USDPLN | 27 | |||
| USDSEK | 192 | |||
| USDSGD | 12 | |||
| XAUUSD | 53 | |||
| XAGUSD | 13 | |||
| BTCUSD | 15 | |||
| BCHUSD | 55 | |||
| ETHUSD | 38 | |||
| XRPUSD | 11 | |||
| LTCUSD | 14 | |||
| Volume Chart |
|---|
- Account Details
| Account Currencies | USD, EUR, GBP, JPY, MYR, IDR, THB, VND, KWD, CNY, ZAR |
| Minimum Deposit | $10 |
| Traders from USA Allowed | No |
| Clients Funds Segregated | Yes |
| Interest on Margin | Yes |
| Islamic Accounts | Yes |
| Islamic Account Restrictions | Muslim Faith Only |
| ECN / STP Accounts Offered | No |
| Commission on STP or ECN | $3 / Lot per side (Raw Spread Accounts) |
| VIP Accounts Offered | No |
| Mini Accounts Offered | Yes |
| PAMM / MAM Solutions | Yes |
| API Solutions | No |
| Mobile Trading | Yes |
| Web Based Trading | Yes |
| Funding Methods | Credit/Debit Cards, Skrill, Neteller, Perfect Money, QIWI, STICPAY, fasapay, Boleto, AIRTM, Local Bank Trnsfers, Bitcoin, Ethereum, Tether, + 7 more Cryptos |
| Withdrawal Methods | Credit/Debit Cards, Skrill, Neteller, Perfect Money, QIWI, STICPAY, fasapay, Boleto, AIRTM, Local Bank Trnsfers, Bitcoin, Ethereum, Tether, + 7 more Cryptos |
- Platform Details
| Platforms Offered | MetaTrader 4, MetaTrader 4 Mobile, MetaTrader 4 Android, MetaTrader 4 iOS, WebTrader, MetaTrader 5, MetaTrader 5 iOS, MetaTrader 5 Android, MetaTrader 5 WebTrader |
| NO of Pairs | 61 |
| Cryptocurrency Trading | Yes |
| Pricing Digits | 5 |
| Trade off Charts | No |
| One-click Execution | Yes |
| Email Alerts | Yes |
| Mobile Alerts | Yes |
| Trading Server Time | EET |
| Demo Account Expiry | 90 Days of Inactivity |
| VPS Offered | No |
- Trading Details
| Dealing Desk | No |
| Maximum Leverage | 3000:1 |
| Minimum Contract Size | 0.01 |
| Execution | Market Execution |
| Hedging | Yes |
| Scalping | Yes |
| Scalping Restrictions | No |
| Option of OCO | Yes |
| Option of FIFO | No |
| Negative Balance Protection | Yes |
- Additonal Instruments
| CFD's | Yes |
| Metals | Yes |
| Oil | Yes |
| Stocks | Yes |
| Indices | Yes |
- Currencies Swap
| Short | Long | Type  |
|
| AUDCAD.m | -0.14 | -3.68 | 0 |
| AUDCHF.m | -6.53 | 0.00 | 0 |
| AUDJPY.m | -16.52 | 0.00 | 0 |
| AUDNZD.m | 0.00 | -6.10 | 0 |
| AUDUSD | -1.64 | -2.12 | 0 |
| CADCHF.m | -8.64 | 0.00 | 0 |
| CADJPY.m | -20.76 | 0.00 | 0 |
| CHFJPY.m | -12.89 | 0.00 | 0 |
| EURAUD.m | -1.54 | -5.05 | 0 |
| EURCAD.m | 0.00 | -7.48 | 0 |
| EURCHF.m | -9.65 | 0.00 | 0 |
| EURDKK.m | -34.74 | -11.29 | 0 |
| EURGBP.m | 0.00 | -4.88 | 0 |
| EURHUF.m | 0.00 | -77.58 | 0 |
| EURJPY.m | -25.39 | 0.00 | 0 |
| EURNOK.m | -13.38 | -51.48 | 0 |
| EURNZD.m | 0.00 | -11.74 | 0 |
| EURPLN.m | 0.00 | -33.80 | 0 |
| EURSEK.m | -37.30 | -26.57 | 0 |
| EURUSD | -0.09 | -4.44 | 0 |
| GBPAUD.m | -9.26 | 0.00 | 0 |
| GBPCAD.m | -4.86 | -1.90 | 0 |
| GBPCHF.m | -15.61 | 0.00 | 0 |
| GBPJPY.m | -37.02 | 0.00 | 0 |
| GBPNOK.m | -67.01 | -7.32 | 0 |
| GBPNZD.m | -4.38 | -5.50 | 0 |
| GBPSEK.m | -94.08 | 0.00 | 0 |
| GBPUSD | -2.43 | -3.22 | 0 |
| NOKJPY.m | -260.40 | 0.00 | 0 |
| NZDCAD.m | -3.10 | -1.21 | 0 |
| NZDCHF.m | -8.02 | 0.00 | 0 |
| NZDJPY.m | -18.66 | 0.00 | 0 |
| NZDUSD.m | -1.20 | -1.69 | 0 |
| SEKJPY.m | -234.00 | 0.00 | 0 |
| SGDJPY.m | -19.13 | 0.00 | 0 |
| USDCAD.m | -13.90 | -1.66 | 0 |
| USDCHF.m | -12.74 | 0.00 | 0 |
| USDCNY | 0.12 | -0.63 | 0 |
| USDCZK | -132.27 | -65.65 | 0 |
| USDDKK | -57.97 | -14.22 | 0 |
| USDHKD | -4.50 | -6.51 | 0 |
| USDHUF | 1.78 | -5.26 | 0 |
| USDJPY | -2.97 | -1.36 | 0 |
| USDNOK | -28.49 | -26.12 | 0 |
| USDPLN | -6.25 | 0.68 | 0 |
| USDSEK | -27.67 | -24.82 | 0 |
| USDSGD | -6.29 | -5.80 | 0 |
| XAUUSD.m | 0.00 | -42.79 | 0 |
| XAGUSD.m | 0.00 | -4.92 | 0 |
| BTCUSD.m | -20.00 | -20.00 | 2 |
| BCHUSD.m | -20.00 | -20.00 | 2 |
| ETHUSD.m | -20.00 | -20.00 | 2 |
| XRPUSD.m | -20.00 | -20.00 | 2 |
| LTCUSD.m | -20.00 | -20.00 | 2 | Compare Swap rates from other Brokers |
FAQ
Is JustMarkets a scam or legit?
JustMarkets is a legitimate forex broker. It serves more than a million clients, in nearly 200 countries around the world.
Where is JustMarkets located?
Just Global Markets Ltd’s headquarters office is located at Office 10, Floor 2, Vairam Building, Providence Industrial Estate, Providence, Mahe, Seychelles. It has additional offices located in Cyprus, South Africa, and Mauritius.
What is the minimum deposit requirement at JustMarkets?
The minimum deposit requirement at JustMarkets varies by account type. A Standard account only requires a minimum deposit of $1. A Pro account or Raw Spread account requires a minimum starting deposit of $100. There is a $5 minimum on all subsequent deposits that applies to all JustMarkets accounts.
Does JustMarkets accept deposits from PayPal?
No. JustMarkets does not accept deposits from, or process withdrawals to, PayPal accounts. Its clients can make deposits using any of several similar payment processors, such as Neteller. Deposits and withdrawals can also be handled using credit cards, cryptocurrencies, or bank transfers.
How long do withdrawals from a JustMarkets account usually take?
Withdrawal requests from a JustMarkets account are normally processed within just a couple of hours. However, depending on the selected withdrawal method, it may take up to seven business days for clients to receive requested funds. Bank transfers take the longest time, while withdrawals made using third-party payment processors or cryptocurrency are usually the fastest.
Does JustMarkets accept US clients?
No, JustMarkets does not accept US citizens or residents, nor residents or citizens of the UK, the EU, or Canada. Its primary area of operations is in the Asia-Pacific region, serving countries such as Thailand and Vietnam.
Does IC Markets accept US clients?
No, IC Markets doesn’t accept US residents as clients. Like many other forex brokers, it simply has no desire to put itself under the thumb of US financial regulatory authorities.
Does JustMarkets allow scalping?
Yes. JustMarkets’ website states that it allows its clients to employ any type of trading method or strategy. That includes the use of automated trading with Expert Advisors, news trading, hedging, scalping, and other trading strategies. (However, some of those statements conflict with statements on allowable trading that are contained in the JustMarkets Client Agreement document.)
Is JustMarkets an ECN broker?
No, JustMarkets is not strictly an ECN broker. It appears to execute orders using a combination of STP and market maker order processing. Clients report that orders are filled rapidly and that JustMarkets offers favorably tight trading spreads.
What amount of leverage does JustMarkets offer?
The maximum amount of leverage that JustMarkets clients can employ is 3000:1. The maximum available leverage for trading some financial assets – such as stocks and cryptocurrencies – is much lower.
What trading platforms does JustMarkets offer?
Traders at JustMarkets can trade using either the MetaTrader 4 or MetaTrader 5 trading platform. Both can be accessed through a downloadable desktop program or mobile app. The MT4 platform can also be accessed using a web trader program on the JustMarkets website.
JustMarkets Reviews
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A lot of trading instruments, including cryptos. Recently, he has added an opportunity to deposit account via Bitcoin and Bitcoin Cash with 0% commission, that really pleased me.
At first I was suspicious regarding company's age (it's quite young), but after a couple months of work I saw that they are honest. I like fast withdrawals and nice performance.
