Last updated: June 2, 2025
Key Takeaways
- JustMarkets operates under four entities with regulation from CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles), and FSCM (Mauritius)
- Low minimum deposit starting from just $10 for Standard accounts, making it accessible for beginner traders
- Offers competitive spreads from 0.0 pips on Raw Spread accounts with $3 commission per side
- Provides both MetaTrader 4 and MetaTrader 5 with a proprietary mobile app featuring TradingView charts
- Ideal testing platform: use the demo account to try JustMarkets’ trading conditions before committing real capital
Introduction to JustMarkets
Founded in 2012, JustMarkets has established itself as a globally recognized forex and CFD broker, serving over 2 million traders across more than 160 countries. With a decade of industry experience, the broker offers a comprehensive suite of trading services across multiple financial markets, including forex, commodities, indices, stocks, and cryptocurrencies.
JustMarkets positions itself as an accessible option for traders of all experience levels, with particularly low barriers to entry—including minimum deposits starting from just $10. The broker operates through four separate legal entities, each regulated by different authorities, providing varying levels of protection depending on which entity services your region.
In this comprehensive review, we’ll examine JustMarkets’ regulatory status, trading platforms, account types, fees, available instruments, customer support, and how it compares to industry leaders like Pepperstone, IC Markets, XM, FBS, and Exness. By the end, you’ll have a clear understanding of whether JustMarkets aligns with your trading needs and risk tolerance.
Company Overview and Background
JustMarkets (originally known as JustForex) was established in 2012 and has grown steadily over the past decade, navigating an increasingly competitive and regulated forex marketplace. The broker emphasizes accessibility, technology integration, and competitive pricing as its core value propositions.
Year of Establishment
JustMarkets began operations in 2012, making it a relatively established player with more than 13 years of industry experience.
Global Presence
The broker services clients in over 160 countries worldwide through its various regulated entities, with a reported user base exceeding 2 million traders. JustMarkets supports multiple languages including English, Indonesian, Portuguese, Spanish, Bahasa, and Vietnamese, reflecting its global focus.
Company Milestones
- 2012: Founded as JustForex
- 2021: Obtained CySEC regulation (License 401/21)
- 2022: Expanded regulatory coverage to include FSCA (South Africa)
- 2023-2024: Enhanced platform offerings and expanded global reach
- 2025: Continued development of proprietary mobile app with TradingView integration
Over time, JustMarkets has evolved from a simple forex provider to a multi-asset broker offering a wide range of trading instruments beyond currency pairs. This development mirrors the broader trend in the industry toward diversification of tradable assets.
Is JustMarkets Safe and Legit?
Important: JustMarkets operates through four separate legal entities, each with different regulatory oversight. Which entity serves you depends on your country of residence, and the level of protection varies significantly between regulators.
JustMarkets operates multiple legal entities, each regulated by different financial authorities. This multi-jurisdictional approach is common among global brokers seeking to serve diverse markets while navigating regional regulatory requirements. Let’s examine each regulatory body overseeing JustMarkets:
Regulatory Bodies
Entity Name | Regulatory Body | License Number | Tier Level | Protection Measures |
---|---|---|---|---|
JustMarkets Ltd | Cyprus Securities and Exchange Commission (CySEC) | 401/21 | Tier 1 | Investor Compensation Fund up to €20,000; Client fund segregation; MiFID II compliance |
Just Global Markets (Pty) Ltd | Financial Sector Conduct Authority (FSCA) of South Africa | 51114 | Tier 2 | Client fund segregation; Regulatory oversight; No compensation scheme |
Just Global Markets Ltd | Financial Services Authority (FSA) of Seychelles | SD088 | Tier 3 | Basic oversight; No compensation scheme |
Just Global Markets (MU) Limited | Financial Services Commission (FSCM) of Mauritius | GB22200881 | Tier 3 | Basic oversight; No compensation scheme |
CySEC (Cyprus Securities and Exchange Commission)
CySEC is considered a Tier-1 regulator, providing the strongest client protections among JustMarkets’ regulatory authorities. The CySEC-regulated entity (JustMarkets Ltd) offers:
- Investor Compensation Fund: Protection up to €20,000 in case the broker becomes insolvent
- Client Fund Segregation: Your trading capital is kept separate from the company’s operational funds
- Capital Adequacy Requirements: The broker must maintain sufficient capital reserves
- Regular Audits: Ongoing supervisory oversight by the regulator
- MiFID II Compliance: Adherence to the European Union’s Markets in Financial Instruments Directive
FSCA (Financial Sector Conduct Authority)
South Africa’s FSCA is considered a Tier-2 regulator. The FSCA-regulated entity (Just Global Markets (Pty) Ltd) provides:
- Client Fund Segregation: Separation of client funds from company operational capital
- Conduct Standards: Requirements for fair treatment of clients
- Regular Reporting: Financial reporting and compliance verification
However, the FSCA does not provide an investor compensation scheme comparable to CySEC’s.
FSA (Financial Services Authority) Seychelles
Seychelles FSA is classified as a Tier-3 regulator, with more limited oversight and client protections. The FSA-regulated entity (Just Global Markets Ltd) provides:
- Basic Licensing Requirements: Minimal oversight compared to Tier-1 regulators
- Limited Client Protections: No compensation scheme if the broker fails
FSCM (Financial Services Commission of Mauritius)
Similar to the FSA, the FSCM is a Tier-3 regulator with limited client protections. The FSCM-regulated entity (Just Global Markets (MU) Limited) offers:
- Basic Regulatory Oversight: Limited supervision compared to EU regulators
- No Compensation Scheme: Lack of financial safety net for clients
Safety of Client Funds
JustMarkets implements several security measures across all entities:
- Segregated Accounts: Client funds are kept separate from company operational funds
- Negative Balance Protection: Prevents traders from losing more than their account balance
- SSL Encryption: Secure connection for all financial transactions and personal data
- Two-Factor Authentication: Additional security layer for account access and withdrawals
- PCI DSS Compliance: For secure card payment processing
Important Note: Only JustMarkets’ CySEC-regulated entity offers an investor compensation scheme. If you’re assigned to an entity regulated by FSA, FSCM, or FSCA, you won’t have access to this protection.
Account Types and Trading Conditions
JustMarkets offers several account types to cater to different trading styles, experience levels, and capital commitments. Each account provides access to all available markets but differs in terms of spreads, commissions, and minimum deposit requirements.
Feature | Standard Account | Pro Account | Raw Spread Account | Standard Cent Account |
---|---|---|---|---|
Minimum Deposit | $10 | $100 | $100 | $10 |
Spreads | From 0.3 pips | From 0.1 pips | From 0.0 pips | From 0.3 pips |
Commission | None | None | $3 per side per lot ($6 round turn) | None |
Base Currencies | 13 options | 13 options | 13 options | 13 options |
Leverage | Up to 1:3000* | Up to 1:3000* | Up to 1:3000* | Up to 1:3000* |
Platforms | MT4, MT5 | MT4, MT5 | MT4, MT5 | MT4 only |
Margin Call | 40% of equity | 40% of equity | 40% of equity | 40% of equity |
Stop Out | 20% of equity | 20% of equity | 20% of equity | 20% of equity |
Ideal For | Beginners, casual traders | Active traders seeking tighter spreads | Scalpers, algorithmic traders | Micro-lot traders, beginners |
* Maximum leverage varies depending on regulatory entity: CySEC (1:30), FSCA/FSA/FSCM (up to 1:3000 for accounts with equity under $1,000)
Standard Account
The Standard Account is JustMarkets’ most popular offering, designed for beginners and those who prefer a straightforward fee structure.
- Minimum Deposit: $10 (exceptionally low for the industry)
- Spreads: Variable, starting from 0.3 pips on major pairs
- Commission: None (all costs embedded in the spread)
- Best For: Beginning traders who value simplicity and low entry costs
Pro Account
The Pro Account is aimed at more experienced traders who require tighter spreads but still prefer a commission-free trading environment.
- Minimum Deposit: $100
- Spreads: Variable, starting from 0.1 pips on major pairs
- Commission: None
- Best For: Active traders who want improved pricing without dealing with separate commissions
Raw Spread Account
JustMarkets’ Raw Spread Account offers direct market access pricing with raw interbank spreads plus a fixed commission.
- Minimum Deposit: $100
- Spreads: Raw spreads starting from 0.0 pips on major pairs
- Commission: $3 per side per standard lot ($6 round trip)
- Best For: Scalpers, high-frequency traders, and algorithmic systems where execution speed and minimal spread are crucial
Standard Cent Account
The Cent Account allows trading with “cent” units instead of dollars, enabling beginners to practice with very small position sizes.
- Minimum Deposit: $10
- Spreads: Variable, from 0.3 pips
- Commission: None
- Best For: Absolute beginners and those wanting to test strategies with minimal risk
Islamic (Swap-Free) Account
JustMarkets offers swap-free accounts for Islamic traders who follow Shariah principles prohibiting interest (riba). These accounts don’t charge or pay overnight swaps.
- Availability: Can be requested for any account type
- Requirements: Available upon request
- Best For: Muslim traders and those who hold positions overnight frequently
Demo Account
JustMarkets provides unlimited demo accounts that simulate real market conditions without financial risk.
- Virtual Balance: Customizable
- Duration: Unlimited
- Features: Full access to all platforms and tools
- Best For: Strategy testing, platform familiarization, and practice for traders of all levels
Leverage Options
Leverage at JustMarkets varies significantly depending on which regulatory entity services your account:
- CySEC (EU) Regulated Accounts: Maximum 1:30 for retail clients in compliance with ESMA regulations
- FSCA, FSA, FSCM Regulated Accounts: Up to 1:3000 with tiered structure:
- 1:3000 for accounts with equity under $1,000
- 1:2000 for accounts with equity between $1,000-$5,000
- 1:1000 for accounts with equity between $5,000-$10,000
- 1:500 for accounts with equity over $10,000
Risk Warning: High leverage magnifies both potential profits AND losses. The extremely high leverage of 1:3000 offered by non-EU entities dramatically increases the risk of rapid capital loss. Consider using much lower leverage than the maximum available.
JustMarkets Trading Platforms and Tools
JustMarkets offers industry-standard MetaTrader platforms along with a proprietary mobile application. These platforms provide the tools necessary for both beginner and advanced traders to analyze markets and execute trades.
MetaTrader 4 (MT4)
Despite being the older of the two MetaTrader platforms, MT4 remains extremely popular among forex traders for its reliability, ease of use, and extensive support for automated trading.
Features of MT4 at JustMarkets
- Advanced Charting: 30 built-in technical indicators and 24 analytical objects
- Timeframes: 9 standard timeframes from M1 to MN
- Automated Trading: Support for Expert Advisors (EAs) and custom indicators
- One-Click Trading: Fast execution directly from the chart
- Market Depth: View available liquidity at different price levels
- Multiple Order Types: Market, limit, stop, trailing stop
- Customizable Interface: Personalize layouts and chart settings
Available Versions
- MT4 Desktop: Full-featured application for Windows
- MT4 Web Terminal: Browser-based version with no download required
- MT4 Mobile: Apps for iOS and Android devices
MetaTrader 5 (MT5)
MetaTrader 5 is the next-generation platform that builds on MT4’s foundation with expanded features and multi-asset capabilities.
Features of MT5 at JustMarkets
- Enhanced Indicators: 38 built-in technical indicators and 44 graphical objects
- Extended Timeframes: 21 timeframes compared to MT4’s 9
- Economic Calendar: Integrated financial news and events
- Advanced Strategy Tester: Improved backtesting with multi-currency capabilities
- Depth of Market: Enhanced view of market liquidity
- More Order Types: Additional order types including Fill or Kill
- Multi-threaded Strategy Tester: Faster backtesting using multiple CPU cores
- Netting and Hedging: Support for both position accounting systems
Available Versions
- MT5 Desktop: Full-featured application for Windows
- MT5 Web Terminal: Browser-based version with no download required
- MT5 Mobile: Apps for iOS and Android devices
JustMarkets Mobile App
Beyond the standard MetaTrader mobile applications, JustMarkets has developed its own proprietary trading app with enhanced features.
Key Features
- TradingView Charts: Smooth, responsive charting powered by TradingView
- Technical Analysis Tools: Over 50 drawing tools and 100 technical indicators
- Multiple Chart Types: 12 chart types including candlesticks, bars, and Heikin Ashi
- Timeframe Options: 9 different timeframes for detailed analysis
- Built-in Market News: Integrated financial news and updates
- Account Management: Deposit and withdrawal functionality within the app
- Push Notifications: Alerts for price movements, executed orders, and account activity
MT4 vs MT5: Which Platform Should You Choose?
Feature | MetaTrader 4 | MetaTrader 5 |
---|---|---|
Primary Focus | Forex Trading | Multi-asset Trading |
Timeframes | 9 timeframes | 21 timeframes |
Technical Indicators | 30 built-in | 38 built-in |
Graphical Objects | 24 | 44 |
Programming Language | MQL4 | MQL5 (more advanced) |
Strategy Tester | Single-threaded | Multi-threaded |
Community & Resources | Extensive | Growing but less than MT4 |
Best For | Forex traders, existing EA users | Multi-asset traders, advanced analysis |
Platform Recommendation
Choose MT4 if: You primarily trade forex, already use MT4 Expert Advisors, or prefer simplicity and established community support.
Choose MT5 if: You trade multiple asset classes, need advanced analytics, require more timeframes and indicators, or want better backtesting capabilities.
Additional Trading Tools
Copy Trading
JustMarkets offers a copy trading service that allows clients to automatically mirror the trades of successful traders. Unlike many brokers that charge additional fees for this service, JustMarkets provides copy trading at no extra cost.
- Available On: Standard and Pro MT4 accounts
- Service Fee: No additional charges
- Minimum Investment: $10
- Signal Provider Selection: Browse performance statistics and risk metrics
Expert Advisors (EAs)
JustMarkets fully supports automated trading through Expert Advisors on both MT4 and MT5 platforms. The broker’s execution speed (around 52 milliseconds) is conducive to algorithmic trading strategies.
Economic Calendar
An integrated economic calendar provides information on upcoming financial events and news releases that might impact market volatility.
Available Trading Instruments
JustMarkets provides access to over 260 tradable instruments across multiple asset classes. This selection allows traders to diversify their portfolios beyond just forex markets.
Forex Currency Pairs
JustMarkets offers 61 forex pairs, including majors, minors, and exotics:
- Major Pairs: EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, USD/CAD, NZD/USD
- Minor Pairs: EUR/GBP, GBP/JPY, EUR/AUD, etc.
- Exotic Pairs: USD/TRY, EUR/PLN, USD/ZAR, etc.
Metals
Precious and industrial metals trading is available:
- Gold (XAU/USD)
- Silver (XAG/USD)
- Platinum (XPT/USD)
- Palladium (XPD/USD)
- Copper
Energies
Energy commodities include:
- Crude Oil WTI
- Brent Crude
- Natural Gas
Indices
Major global stock indices including:
- US Indices: S&P 500, Dow Jones, Nasdaq 100
- European Indices: DAX 40, CAC 40, FTSE 100
- Asian Indices: Nikkei 225, Hang Seng
Stocks CFDs
JustMarkets offers CFDs on shares of major global companies, though the selection is more limited compared to specialized stock brokers:
- US Stocks: Apple, Microsoft, Amazon, Tesla, etc.
- European Stocks: Various blue-chip European companies
Cryptocurrencies
Crypto CFDs available include:
- Bitcoin (BTC/USD)
- Ethereum (ETH/USD)
- Litecoin (LTC/USD)
- Bitcoin Cash (BCH/USD)
- Ripple (XRP/USD)
Industry Comparison
While JustMarkets’ instrument selection is adequate for most traders, specialized brokers offer wider ranges in certain asset classes:
- Forex Selection: Comparable to industry standards
- Stock CFDs: More limited than stock-focused brokers like IG or Saxo Bank
- Cryptocurrencies: Basic selection compared to crypto-specialized platforms
- Indices & Commodities: Standard offering similar to most CFD brokers
JustMarkets Fees and Commissions
JustMarkets’ fee structure is transparent and relatively competitive within the industry. The broker primarily generates revenue through spreads and commissions, with no hidden fees or inactivity charges.
Spread Costs
Spreads vary by account type and market conditions:
Currency Pair | Standard Account | Pro Account | Raw Spread Account |
---|---|---|---|
EUR/USD | From 0.3 pips (avg. 2.6) | From 0.1 pips (avg. 0.8) | From 0.0 pips (avg. 0.2) + commission |
GBP/USD | From 0.5 pips (avg. 5.8) | From 0.3 pips (avg. 1.7) | From 0.1 pips (avg. 0.8) + commission |
USD/JPY | From 0.3 pips (avg. 4.4) | From 0.2 pips (avg. 1.4) | From 0.1 pips (avg. 0.5) + commission |
XAU/USD (Gold) | From 2.5 pips | From 1.0 pips | From 0.1 pips + commission |
Commission Structure
- Standard & Pro Accounts: Zero commission (costs built into the spread)
- Raw Spread Account: $3 per side per standard lot ($6 round turn)
JustMarkets’ commission of $6 per round turn is slightly lower than the industry average of $7-$9 for similar ECN accounts.
Other Fees
- Deposit Fees: None from JustMarkets (payment providers may charge fees)
- Withdrawal Fees: None from JustMarkets (payment providers may charge fees)
- Inactivity Fees: None
- Account Maintenance Fees: None
- Swap Rates: Standard overnight financing fees apply for positions held overnight (except on Islamic accounts)
Comparison to Other Brokers
How do JustMarkets’ fees compare to top competitors?
Broker | EUR/USD Standard Spread | EUR/USD Raw Spread+Commission | Deposit Fee | Withdrawal Fee | Inactivity Fee |
---|---|---|---|---|---|
JustMarkets | From 0.3 pips | From 0.0 + $6 per lot | None | None | None |
Pepperstone | From 0.6 pips | From 0.0 + $7 per lot | None | None | None |
IC Markets | From 0.6 pips | From 0.0 + $7 per lot | None | None | None |
XM | From 1.6 pips | From 0.0 + $5 per lot | None | None | $5/month after 90 days |
FBS | From 1.0 pips | From 0.0 + $6 per lot | None | None | None |
Exness | From 0.3 pips | From 0.0 + $3.5 per lot | None | None | None |
Fee Analysis
JustMarkets is competitive in the low-cost broker segment:
- Standard account spreads are lower than XM and FBS, comparable to Exness
- Raw spread account commission is lower than Pepperstone and IC Markets, comparable to FBS, slightly higher than Exness
- The absence of inactivity fees provides an advantage for occasional traders
- No deposit or withdrawal fees is becoming an industry standard among top brokers
Deposit and Withdrawal Methods
JustMarkets offers a wide range of funding options to accommodate traders from different regions. The broker does not charge fees for deposits or withdrawals, though third-party payment providers may apply their own charges.
Supported Payment Options
Bank Cards
- Visa
- Mastercard
- China UnionPay
E-wallets
- Skrill
- Neteller
- Perfect Money
- SticPay
- AirTM
- FasaPay
- PayRetailers
Other Methods
- Bank Wire Transfer
- Local Payment Systems
- Cryptocurrencies
- Boleto (Brazil)
- MoMo (Vietnam)
Deposit Process
Making a deposit with JustMarkets is straightforward:
- Log into your Personal Area (PA)
- Go to the Funds → Deposit tab
- Select the trading account you wish to fund
- Choose a payment method from the available options
- Enter the amount to deposit
- Complete the transaction following the payment provider’s instructions
Withdrawal Process
To withdraw funds from JustMarkets:
- Log into your Personal Area
- Navigate to Funding → Withdrawal
- Select the trading account for withdrawal
- Choose your preferred withdrawal method
- Enter the withdrawal amount
- Complete the verification process (may include one-time password verification)
- Submit your withdrawal request
Account Currencies
JustMarkets supports 13 base currencies for funding accounts, reducing conversion fees for international clients:
- USD (US Dollar)
- EUR (Euro)
- GBP (British Pound)
- PLN (Polish Złoty)
- JPY (Japanese Yen)
- CNY (Chinese Yuan)
- RUB (Russian Ruble)
- BRL (Brazilian Real)
- IDR (Indonesian Rupiah)
- MYR (Malaysian Ringgit)
- VND (Vietnamese Dong)
- INR (Indian Rupee)
- ZAR (South African Rand)
Processing Times
Payment Method | Deposit Processing Time | Withdrawal Processing Time |
---|---|---|
Bank Cards (Visa/Mastercard) | Instant | 1-3 business days |
E-wallets (Skrill, Neteller, etc.) | Instant | Up to 24 hours |
Bank Wire Transfer | 1-5 business days | 3-7 business days |
Cryptocurrencies | After blockchain confirmations | Up to 2 hours + blockchain time |
Local Payment Methods | Varies by method | Varies by method |
Important Note: JustMarkets states that most withdrawals are processed “instantly” (under 1 minute) on their side. However, the final delivery time depends on the payment provider’s processing speed. According to customer reviews, e-wallet withdrawals are typically completed within 24 hours, while bank transfers take longer.
Withdrawal Verification
For security purposes, JustMarkets implements a verification procedure for withdrawals:
- One-time password verification for all withdrawal requests
- Account verification (KYC) documents may be required
- Withdrawals typically processed by the Finance Department within 1-2 hours during business hours
JustMarkets classifies withdrawal requests with the following statuses:
- Pending: Under review by the Finance team (typically 1-2 hours)
- Approved: Request accepted, funds being transferred
- Rejected: Request declined (with reason provided)
- Canceled: Request canceled by the client
Third-Party Transfer Policy
JustMarkets does not accept third-party deposits or withdrawals. All funding must come from and return to payment methods registered in the account holder’s name. This policy is part of the broker’s anti-money laundering (AML) compliance measures.
Customer Support and Education
Customer Service Channels and Availability
JustMarkets offers multilingual customer support through various channels:
Support Channels
- Live Chat: Available 24/7 through the website and client portal
- Email: support@justmarkets.com
- Phone: Regional numbers available
- Callback Request: Via the website
- Social Media: Facebook, Twitter, Telegram
Supported Languages
- English
- Spanish
- Portuguese
- Indonesian
- Vietnamese
- Bahasa
According to user reviews, JustMarkets’ support team is generally responsive, though response times can vary during peak trading hours. The 24/7 availability is particularly valuable for traders in different time zones.
Customer Feedback (Trustpilot): “Their support team is excellent, Shoutout to Alex.” — April 30, 2025
Educational Resources
JustMarkets provides educational content for traders of various experience levels, though the offerings are less extensive than those of larger brokers with dedicated education departments.
Trading Articles
Articles covering trading strategies, technical analysis, and fundamental analysis. Categories include:
- Beginner guides
- Technical indicators
- Trading psychology
- Platform tutorials
Video Tutorials
Educational videos covering:
- Platform walkthroughs
- Trading tool demonstrations
- Strategy explanations
- Market analysis
Market Analysis
Regular market commentary including:
- Daily market reviews
- Weekly forecasts
- Economic event analysis
- Trading opportunities
Trading Tools
In addition to educational content, JustMarkets offers several trading tools:
- Economic Calendar: Upcoming economic events and announcements
- Trading Calculators: Position size, margin, profit, and pip value calculators
- Daily Market Analysis: Technical and fundamental analysis of major markets
- Market News Feed: Integrated into trading platforms
Educational Resource Assessment
JustMarkets’ educational offerings are adequate for basic learning but less comprehensive than industry leaders like IG, Pepperstone, or XM. The broker focuses more on providing competitive trading conditions rather than extensive educational content.
The educational materials are best suited for beginner to intermediate traders. Advanced traders might need to supplement with external resources for more sophisticated strategies and analysis techniques.
JustMarkets Bonuses and Promotions
Like many forex brokers, JustMarkets offers various promotional incentives to attract new clients and encourage trading activity among existing customers. These offers are subject to change, so it’s always advisable to check the broker’s website for current promotions.
Types of Bonuses Offered
Welcome/Deposit Bonuses
JustMarkets often provides a 50% deposit bonus for new clients and redeposits. Key features:
- Bonus amount: Up to 50% of deposit value
- Maximum bonus: Varies by promotion
- Eligibility: New and existing clients
- Trading volume requirements apply for withdrawal
Trading Competitions
Periodic contests that reward successful traders with prizes:
- Demo account competitions for risk-free participation
- Live account contests with larger prize pools
- Seasonal promotions (e.g., Ramadan Trading Contest)
- Prizes typically include cash rewards or trading credits
Loyalty Programs
JustMarkets may offer various loyalty benefits to regular traders:
- Tiered VIP programs with progressively better trading conditions
- Higher leverage options for qualified clients
- Special promotions for active traders
- Personal account managers for VIP clients
Bonus Terms and Conditions
It’s crucial to understand the terms associated with any bonus before accepting it. Typical conditions include:
- Trading Volume Requirements: Most bonuses require a certain number of standard lots to be traded before the bonus can be withdrawn
- Time Limitations: Bonuses typically expire if the volume requirements aren’t met within a specified timeframe
- Eligible Instruments: Some bonuses may have restrictions on which markets count toward volume requirements
- Withdrawal Restrictions: Accepting a bonus may limit withdrawal capabilities until conditions are met
Important Consideration: Trading bonuses often come with significant trading volume requirements that may encourage excessive trading or increased risk-taking. Consider whether a bonus aligns with your trading strategy before accepting it, and be sure to read the full terms and conditions.
How to Claim Promotions
The process for claiming JustMarkets promotions typically involves:
- Registering a trading account (for new clients)
- Making a qualifying deposit
- Opting in to the promotion in your Personal Area
- Meeting the specified requirements (e.g., trading volume)
- Claiming your bonus or prize according to the promotion’s terms
For current promotions and their specific terms, check the “Promotions” section on the JustMarkets website or contact customer support.
Special Features
Copy Trading and Social Trading Options
JustMarkets offers copy trading functionality that allows clients to automatically replicate the trades of experienced traders. This feature is particularly valuable for beginners who are still developing their trading strategies or for investors who don’t have time to actively monitor the markets.
Copy Trading Features
- Cost Structure: Free service with no additional fees
- Minimum Investment: $10
- Platform Availability: MT4 Standard and Pro accounts
- Signal Provider Selection: Browse traders by performance metrics
- Customization: Adjust risk levels and allocation amounts
- Monitoring: Real-time tracking of copied traders’ performance
Benefits for Signal Providers
- Earnings: Commission-based compensation for successful strategies
- Visibility: Performance statistics displayed to potential followers
- Requirements: Must meet minimum trading history criteria
- Analytics: Tools to track follower metrics and performance
Competitive Advantage: JustMarkets’ copy trading service comes without additional service fees, unlike many competitors who charge a subscription or percentage fee for similar functionality.
Use of Expert Advisors (EAs)
JustMarkets fully supports automated trading through Expert Advisors on both MT4 and MT5 platforms. This capability is essential for algorithmic traders and those who want to execute strategies without constant manual intervention.
EA Support Features
- Compatibility: Full support for MQL4 and MQL5 custom EAs
- Execution Speed: Average 52ms execution (conducive to algorithmic trading)
- Testing Environment: Strategy tester for backtesting and optimization
- Server Stability: Reliable platform uptime for uninterrupted EA operations
- Custom Indicators: Support for custom indicators and scripts
Limitations to Consider
- No VPS Offering: Unlike some competitors, JustMarkets does not provide free VPS (Virtual Private Server) hosting
- Third-Party EA Risks: No guarantee on performance of external Expert Advisors
- High-Frequency Limitations: Very high-frequency strategies may face execution constraints
For traders who rely on Expert Advisors, it’s worth noting that JustMarkets doesn’t currently offer a free VPS service, which is provided by some competitors like Pepperstone and XM. A VPS ensures continuous EA operation even when your computer is off or internet connection is disrupted. Traders using EAs extensively may need to arrange their own VPS solution.
Mobile Trading Experience
Beyond standard MetaTrader mobile apps, JustMarkets has developed its own proprietary trading application, offering enhanced functionality compared to standard MT4/MT5 mobile versions.
JustMarkets Mobile App Features
- TradingView Integration: Professional charting powered by TradingView
- Advanced Technical Analysis: 100+ indicators and 50+ drawing tools
- Chart Types: 12 chart types including candlesticks and Heikin Ashi
- Timeframes: 9 timeframe options from M1 to MN
- Built-in News: Market news and economic calendar integration
- Account Management: Deposit and withdrawal functionality
- Push Notifications: Price alerts and account activity notifications
The proprietary mobile app represents a significant advantage for traders who prefer mobile trading, as it combines the reliability of MetaTrader execution with the superior charting capabilities of TradingView.
Comparison with Top Forex Brokers
To provide perspective on JustMarkets’ competitive position, let’s compare it with five leading forex brokers: Pepperstone, IC Markets, XM, FBS, and Exness. Each comparison highlights key differences and similarities to help you determine which broker might best suit your trading needs.
JustMarkets vs. Pepperstone
Feature | JustMarkets | Pepperstone |
---|---|---|
Regulation | CySEC, FSCA, FSA, FSCM | ASIC, FCA, CySEC, DFSA, SCB, BaFin |
Minimum Deposit | $10 | $0 ($200 recommended) |
EUR/USD Spread | From 0.0 pips + $6 commission | From 0.0 pips + $7 commission |
Maximum Leverage | Up to 1:3000 (non-EU) | Up to 1:500 (non-EU) |
Platforms | MT4, MT5 | MT4, MT5, cTrader, TradingView |
Education | Limited resources | Extensive education center |
VPS Service | Not offered | Free (conditions apply) |
Key Differences: Pepperstone offers more robust regulation through tier-1 authorities like ASIC and FCA, plus additional platform options including cTrader. It provides more comprehensive educational resources and a free VPS service for qualifying accounts. JustMarkets offers a lower minimum deposit and higher maximum leverage, which may appeal to traders with smaller accounts.
Who Should Choose Each?
Choose JustMarkets if: You have limited starting capital, want higher leverage options, or primarily focus on MT4/MT5 trading.
Choose Pepperstone if: You value tier-1 regulation, need cTrader platform access, use VPS for automated trading, or want comprehensive educational resources.
JustMarkets vs. IC Markets
Feature | JustMarkets | IC Markets |
---|---|---|
Regulation | CySEC, FSCA, FSA, FSCM | ASIC, CySEC, FSA, SCB |
Minimum Deposit | $10 | $200 |
EUR/USD Spread | From 0.0 pips + $6 commission | From 0.0 pips + $7 commission |
Avg. Execution Speed | ~52 ms | ~40 ms |
Platforms | MT4, MT5 | MT4, MT5, cTrader |
Assets | 260+ instruments | 450+ instruments |
Copy Trading | Free service | Through third parties |
Key Differences: IC Markets provides ASIC regulation, faster average execution speed, more instruments, and cTrader platform access. It’s particularly popular among algorithmic traders who value execution quality. JustMarkets offers a significantly lower minimum deposit and integrated copy trading without additional fees.
Who Should Choose Each?
Choose JustMarkets if: You need a low entry point, want free copy trading services, or prefer a more accessible trading environment.
Choose IC Markets if: You prioritize execution speed for scalping or high-frequency trading, require cTrader, or want a wider range of instruments.
JustMarkets vs. XM
Feature | JustMarkets | XM |
---|---|---|
Regulation | CySEC, FSCA, FSA, FSCM | CySEC, ASIC, DFSA, FSC |
Minimum Deposit | $10 | $5 |
EUR/USD Spread | From 0.3 pips (Standard) | From 1.6 pips (Standard) |
Inactivity Fee | None | $5/month after 90 days |
Maximum Leverage | Up to 1:3000 (non-EU) | Up to 1:1000 (non-EU) |
Platforms | MT4, MT5 | MT4, MT5 |
Education | Limited resources | Extensive webinars and courses |
Key Differences: XM has a slightly lower minimum deposit ($5 vs $10) and stronger educational resources, including live webinars and extensive courses. However, JustMarkets offers tighter spreads, higher maximum leverage, and no inactivity fees. Both brokers support MT4 and MT5 platforms.
Who Should Choose Each?
Choose JustMarkets if: You value lower trading costs, need higher leverage, or trade infrequently (no inactivity fees).
Choose XM if: You need extensive educational resources, value their webinar program, or want ASIC regulation.
JustMarkets vs. FBS
Feature | JustMarkets | FBS |
---|---|---|
Regulation | CySEC, FSCA, FSA, FSCM | CySEC, ASIC, IFSC |
Minimum Deposit | $10 | $1 |
EUR/USD Spread | From 0.3 pips (Standard) | From 1.0 pips (Standard) |
Maximum Leverage | Up to 1:3000 (non-EU) | Up to 1:3000 (non-EU) |
Platforms | MT4, MT5 | MT4, MT5, FBS Trader |
Bonus Programs | Moderate | Extensive |
Copy Trading | Free service | CopyTrade app |
Key Differences: FBS has the lowest minimum deposit in the industry at just $1, making it extremely accessible for beginners. It also offers more extensive bonus programs and a proprietary trading app. JustMarkets counters with tighter spreads and a potentially simpler trading environment.
Who Should Choose Each?
Choose JustMarkets if: You want lower trading costs through tighter spreads and prefer a more straightforward trading experience.
Choose FBS if: You want the absolute lowest entry point, value promotional bonuses, or need the proprietary FBS Trader app.
JustMarkets vs. Exness
Feature | JustMarkets | Exness |
---|---|---|
Regulation | CySEC, FSCA, FSA, FSCM | FCA, CySEC, FSA, FSCA, FSC |
Minimum Deposit | $10 | $1 |
EUR/USD Spread | From 0.0 pips + $6 commission | From 0.0 pips + $3.5 commission |
Account Types | 4 main types | 7+ account types |
Maximum Leverage | Up to 1:3000 (non-EU) | Up to 1:2000 (non-EU) |
Platforms | MT4, MT5 | MT4, MT5, Exness Terminal |
Social Trading | MT4 copy trading | Social Trading platform |
Key Differences: Exness holds the advantage with FCA regulation, lower commission rates, and a wider range of specialized account types. It also offers a proprietary trading terminal alongside MT4/MT5. JustMarkets offers higher maximum leverage and a slightly simpler account structure.
Who Should Choose Each?
Choose JustMarkets if: You need extremely high leverage or prefer a more straightforward account structure.
Choose Exness if: You value FCA regulation, want lower commission rates, or need specialized account types for specific trading strategies.
User Reviews and Feedback on JustMarkets
Customer feedback provides valuable insights into the real-world experience of trading with JustMarkets. We’ve analyzed reviews from multiple sources to present a balanced picture of client satisfaction.
Trustpilot Ratings and Feedback
On Trustpilot, JustMarkets maintains a strong rating of 4.0 out of 5 stars based on over 3,500 reviews, indicating generally positive customer sentiment.
Common Praise
- Customer Support: “Their support team is excellent, Shoutout to Alex” (April 2025)
- Trading Costs: “They have tight spreads and low to zero fees” (April 2025)
- Transaction Efficiency: “Withdrawals are seamless” (May 2025)
- User Interface: “Excellent customer service. Lovely interface. Easy to use” (May 2025)
Common Complaints
- Withdrawal Issues: “They have been holding my money for a month now” (May 2025)
- Deposit Crediting: “My deposited 500 USD not added into my account more than two months” (April 2025)
- Crypto Withdrawal Delays: “Withdrawal via crypto sometimes takes a lot of time” (May 2025)
- Communication Gaps: “Different support representatives give different answers” (May 2025)
Forex Peace Army Reviews
On Forex Peace Army, a specialized review platform for forex brokers, JustMarkets has a mixed reputation with both positive feedback and some complaints.
Positive Feedback
- “Good broker to start trading journey” (2025)
- “They send good analytics to email daily that help very much to do my daily trades” (2025)
- “Wide range of trading instruments, fair spreads” (2025)
- “I like JustMarkets, first of all, by the quality of order execution” (2025)
Reported Issues
- Some users report profit cancellation disputes
- Occasional delays in withdrawal processing
- Account access issues reported by some clients
- Inconsistent customer support responses
Company Response to Feedback
JustMarkets appears responsive to customer feedback on public platforms. The broker typically:
- Responds to most reviews on Trustpilot, both positive and negative
- Provides personalized responses signed by customer service management
- Offers direct contact methods for resolving issues
- Acknowledges problems and outlines steps to address them
A typical response pattern for complaints includes:
- Acknowledging the customer’s concern
- Apologizing for any inconvenience
- Explaining the situation or requesting more details
- Providing contact information for resolution
- Signing with a named Customer Success Manager
Review Analysis Summary
Based on aggregated customer feedback, JustMarkets appears to deliver a generally positive experience for most clients, with particular strengths in trading conditions and platform reliability. However, some users report issues with withdrawals and inconsistent customer service quality.
Prospective clients should note that experiences vary significantly, and it’s advisable to start with a smaller deposit to test the broker’s services before committing larger amounts.
How to Open an Account with JustMarkets
Opening an account with JustMarkets involves a straightforward process that can typically be completed in a few minutes. Here’s a step-by-step guide to getting started:
Step-by-Step Registration Guide
-
Visit the Official Website:
Go to JustMarkets.com and click the “Open Account” or “Register” button.
-
Complete the Registration Form:
Enter your personal details including:
- Full name (as per your ID document)
- Email address
- Phone number
- Country of residence
- Create a secure password
-
Email Verification:
Check your email for a verification link from JustMarkets and click it to confirm your email address.
-
Complete Your Profile:
Log in to your newly created Personal Area and provide additional information:
- Date of birth
- Address details
- Employment information
- Financial background
- Trading experience
-
Select Account Type:
Choose between Standard, Pro, Raw Spread, or Standard Cent accounts based on your trading preferences.
-
Choose Base Currency:
Select your preferred account currency from the 13 available options.
-
Select Trading Platform:
Choose between MetaTrader 4 or MetaTrader 5.
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Make Your First Deposit:
Fund your account using one of the available payment methods to start trading.
Verification Process
JustMarkets requires account verification to comply with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations. The verification process involves submitting the following documents:
Proof of Identity (POI)
Submit one of the following documents:
- Valid passport (photo page)
- National identity card (both sides)
- Driver’s license (both sides)
Requirements: Full document visible, clear photo, valid expiration date
Proof of Address (POA)
Submit one of the following documents (issued within the last 6 months):
- Utility bill (electricity, water, gas)
- Bank statement
- Tax statement or government-issued document
Requirements: Full name, address, date of issue, issuing authority visible
Account Activation Timeframe
- Initial Registration: Immediate (takes a few minutes)
- Document Verification: Typically 1-2 business days
- Account Funding: Instant for most electronic payment methods
- Trading Access: Available immediately after document approval and funding
Pro Tip: Consider starting with a demo account to familiarize yourself with the platforms and test your trading strategies before committing real funds. JustMarkets offers unlimited demo accounts with no time restrictions.
Frequently Asked Questions
- Is JustMarkets regulated?
- Yes, JustMarkets operates through four entities with different regulatory oversight. JustMarkets Ltd is regulated by CySEC (Cyprus) under license 401/21, Just Global Markets (Pty) Ltd by FSCA (South Africa) under license 51114, Just Global Markets Ltd by FSA (Seychelles) under license SD088, and Just Global Markets (MU) Limited by FSCM (Mauritius) under license GB22200881. Only the CySEC-regulated entity provides investor compensation protection.
- How long does it take to withdraw from JustMarkets?
- JustMarkets processes withdrawals “instantly” (within minutes) on their side, but the actual receipt time depends on the payment method. E-wallet withdrawals typically complete within 24 hours, credit/debit card withdrawals within 1-3 business days, and bank transfers within 3-7 business days. Cryptocurrency withdrawals generally take up to 2 hours plus blockchain confirmation time.
- What is the minimum deposit for JustMarkets?
- JustMarkets offers a low minimum deposit requirement of $10 for Standard and Standard Cent accounts. Pro and Raw Spread accounts require a minimum deposit of $100.
- Can I open a demo account with JustMarkets?
- Yes, JustMarkets offers unlimited free demo accounts with no time restrictions. Demo accounts are available for all account types (Standard, Pro, Raw Spread, Cent) and can be used to practice trading strategies and familiarize yourself with the platforms without risking real money.
- Does JustMarkets offer bonuses or promotions?
- Yes, JustMarkets typically offers various promotions, including a 50% deposit bonus on new deposits and redeposits. They also run periodic trading competitions and special promotional events. All bonuses come with specific terms and conditions, including trading volume requirements that must be met before withdrawing the bonus amount.
- What are the spreads at JustMarkets?
- JustMarkets offers variable spreads that differ by account type. Standard accounts have spreads starting from 0.3 pips on major pairs (average 2.6 pips on EUR/USD), Pro accounts from 0.1 pips (average 0.8 pips), and Raw Spread accounts from 0.0 pips (average 0.2 pips) plus a commission of $3 per side per standard lot.
- Is there a commission fee for trading on JustMarkets?
- Standard and Pro accounts have no commission fees, with all costs built into the spread. Raw Spread accounts charge a commission of $3 per side per standard lot ($6 per round turn), which is slightly lower than the industry average of $7-$9 for similar ECN accounts.
- How secure is JustMarkets?
- JustMarkets implements several security measures including segregated client funds, negative balance protection, SSL encryption for data transmission, two-factor authentication for account access, and PCI DSS compliance for payment processing. However, only clients of the CySEC-regulated entity have access to an investor compensation fund (up to €20,000).
- Can I trade cryptocurrencies on JustMarkets?
- Yes, JustMarkets offers CFD trading on several cryptocurrencies including Bitcoin (BTC/USD), Ethereum (ETH/USD), Litecoin (LTC/USD), Bitcoin Cash (BCH/USD), and Ripple (XRP/USD). These are offered as contracts for difference, meaning you’re trading on price movements without owning the actual cryptocurrency.
- What leverage does JustMarkets offer?
- Maximum leverage varies depending on which regulatory entity services your account. The CySEC-regulated entity limits leverage to 1:30 for retail clients in compliance with ESMA regulations. Non-EU entities offer higher leverage with a tiered structure: up to 1:3000 for accounts with equity under $1,000, 1:2000 for $1,000-$5,000, 1:1000 for $5,000-$10,000, and 1:500 for equity over $10,000.
- How do I contact JustMarkets support?
- JustMarkets offers 24/7 customer support through multiple channels including live chat on their website, email (support@justmarkets.com), phone support (with regional numbers available), callback requests, and social media channels. Support is available in multiple languages including English, Spanish, Portuguese, Indonesian, Vietnamese, and Bahasa.
- What platforms can I trade on with JustMarkets?
- JustMarkets offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms across desktop, web, and mobile versions. They also provide a proprietary mobile app with enhanced features, including TradingView charts with over 100 technical indicators and 50 drawing tools. The Standard Cent account is only available on MT4.
- Does JustMarkets offer educational resources?
- Yes, JustMarkets provides educational resources including trading articles, video tutorials, and market analysis. However, their educational content is less extensive compared to larger brokers. They offer a daily market review, trading guides, and platform tutorials suitable for beginners to intermediate traders.
- What trading instruments are available?
- JustMarkets offers over 260 tradable instruments across multiple asset classes. These include 61 forex pairs (majors, minors, and exotics), metals (gold, silver, platinum, palladium, copper), energy commodities (crude oil, Brent crude, natural gas), global indices, stocks CFDs, and cryptocurrency CFDs.
- Are there any inactivity fees on JustMarkets?
- No, JustMarkets does not charge inactivity fees regardless of how long an account remains dormant. This is an advantage compared to some competitors who impose monthly fees after periods of inactivity.
- Does JustMarkets offer social trading?
- Yes, JustMarkets provides copy trading functionality on MT4 Standard and Pro accounts. This service allows clients to automatically replicate the trades of experienced traders. Unlike many competitors, JustMarkets offers this service without additional fees or subscription costs.
- Can US citizens open an account with JustMarkets?
- No, JustMarkets does not accept clients from the United States due to regulatory restrictions. US citizens should consider CFTC/NFA-regulated brokers like OANDA, FOREX.com, or Interactive Brokers instead.
- What is the withdrawal processing time?
- JustMarkets processes most withdrawals “instantly” (within minutes) on their side. The total time until you receive funds depends on the payment method: e-wallets (up to 24 hours), bank cards (1-3 business days), bank transfers (3-7 business days), and cryptocurrencies (up to 2 hours plus blockchain confirmation time).
- What documents are required for account verification?
- JustMarkets requires two types of documents for verification: Proof of Identity (valid passport, national ID card, or driver’s license) and Proof of Address (utility bill, bank statement, or government-issued document issued within the last 6 months). All documents must be clear, legible, and show the complete information.
- Does JustMarkets offer negative balance protection?
- Yes, JustMarkets provides negative balance protection for all clients regardless of the regulatory entity. This means your account balance cannot go below zero, and you cannot lose more than your deposited capital, even in cases of extreme market volatility.
Conclusion
Final Verdict on JustMarkets
After thoroughly analyzing JustMarkets’ offerings, regulatory framework, trading conditions, platforms, and user feedback, we can provide a comprehensive assessment of this broker’s strengths and limitations.
JustMarkets positions itself effectively as a low-barrier-to-entry broker with competitive trading costs and flexible account options. The broker delivers on its core promise of accessibility, with minimal deposit requirements and a straightforward account opening process. Its multi-tier regulatory approach, while not offering uniform protection across all entities, does provide basic oversight and operational standards.
The broker’s standout features include its competitive spreads (particularly on Pro and Raw Spread accounts), commission-free copy trading functionality, and proprietary mobile app with TradingView integration. The absence of inactivity fees and deposit/withdrawal charges further enhances its appeal for cost-conscious traders.
However, JustMarkets falls short in certain areas compared to top-tier brokers. The limited educational resources, absence of VPS services for EA traders, and lack of alternative platform options beyond MetaTrader are notable gaps in its offering. Additionally, only clients of the CySEC-regulated entity have access to an investor compensation fund, leaving others with less financial protection.
Should You Use JustMarkets?
JustMarkets is well-suited for:
- Beginning traders with limited starting capital who need low minimum deposits
- Cost-conscious traders seeking competitive spreads without commissions
- Scalpers and algorithmic traders who would benefit from the Raw Spread account’s tight spreads
- Copy trading enthusiasts who want to follow experienced traders without additional fees
- Mobile traders who would appreciate the feature-rich proprietary app
- Traders from emerging markets who need flexible payment options and multiple base currencies
JustMarkets may not be ideal for:
- Traders seeking tier-1 regulation across all entities (consider Pepperstone or IC Markets)
- Investors requiring comprehensive educational resources (consider XM or IG)
- Traders who prefer platforms beyond MetaTrader (consider brokers offering cTrader or proprietary platforms)
- EA traders needing free VPS services (consider Pepperstone or XM)
- Traders wanting a more extensive range of instruments (consider larger brokers like IG or Saxo Bank)
- US citizens (not accepted; consider OANDA or FOREX.com)
Recommendations for Different Types of Traders
For Beginner Traders
JustMarkets offers an accessible entry point with its $10 minimum deposit requirement. The Standard account provides a straightforward fee structure, and the availability of demo accounts allows risk-free practice. Consider starting with:
- Standard or Standard Cent account for simplicity
- MT4 platform which has a gentler learning curve
- Demo account to practice before risking real capital
- Copy trading to learn from experienced traders
However, beginners should be cautious about the high leverage offered by non-EU entities, as this can significantly amplify losses.
For Intermediate Traders
Intermediate traders can benefit from JustMarkets’ more advanced offerings:
- Pro account for improved spread conditions
- MT5 platform for additional analysis tools and timeframes
- Proprietary mobile app for enhanced mobile trading
- Moderate leverage appropriate to your risk tolerance
At this level, consider comparing JustMarkets’ spreads with other brokers to ensure you’re getting competitive pricing for your most frequently traded instruments.
For Advanced Traders
Experienced traders will likely focus on execution quality, cost efficiency, and advanced tools:
- Raw Spread account for the lowest possible spreads
- MT5 platform for advanced analytics and multi-asset trading
- Consider supplementing with a third-party VPS for EA trading
- Evaluate regulatory coverage based on your location and needs
Advanced traders might want to compare JustMarkets’ execution speed and reliability with specialized ECN brokers like IC Markets or Pepperstone, particularly for high-frequency or algorithmic strategies.
Future Outlook for JustMarkets in the Forex Industry
As we look ahead to the remainder of 2025 and beyond, JustMarkets appears well-positioned to maintain its competitive stance in the forex brokerage market, particularly in the accessible, low-cost segment. The broker’s multi-jurisdictional regulatory approach provides flexibility to adapt to evolving regulatory landscapes while its continued development of mobile trading technology responds to the growing shift toward mobile-first trading experiences.
Areas where we might expect to see JustMarkets evolve include:
- Expansion of educational resources to better support its beginner-friendly positioning
- Further development of proprietary technology beyond the mobile app
- Potential addition of VPS services to better support automated traders
- Wider range of tradable instruments, particularly in cryptocurrencies and stocks
- Possible pursuit of additional tier-1 regulatory licenses to strengthen client protections
In an increasingly competitive brokerage landscape, JustMarkets’ success will likely depend on maintaining its low barrier to entry while gradually enhancing its offering to meet the evolving needs of traders across the experience spectrum.