JustMarkets is an international broker with a large Asian clientele that was recently renamed from JustForex to assist the firm grow. JustMarkets is available in over 200 countries and provides its users with narrow spreads, a diverse variety of assets, four distinct account types, and MetaTrader 4 and 5. It also offers 24-hour customer care in three languages: English, Indonesian, and Malaysian. JustMarkets has been named “Best Broker in Africa” by the UF Awards 2023, as well as “Best Broker in Asia” by The Ultimate Best Brokers and B2B Fintech Awards (2022).
JustMarkets offers many websites to serve clients from various locations. JustMarkets Ltd. provides order receipt and transmission services in regard to one or more financial instruments, as well as order execution on behalf of customers, portfolio management, investment counseling, and ancillary services via the website www.justmarkets.eu. This website is only available to clients from select European Union and European Economic Area countries. Just worldwide Markets Ltd. owns and manages the website www.justmarkets.com, which offers worldwide clients trading CFDs on a wide range of financial instruments (currency pairings, indices, shares, commodities, and so on). Products differ depending on jurisdiction, and Terms & Conditions apply.
Who Is JustMarkets Recommended For?
JustMarkets may be suggested for various sorts of traders and investors as an international broker with a varied selection of financial services and assets.
To begin, JustMarkets may be appropriate for experienced traders looking for access to a variety of financial instruments such as FX, indices, commodities, and shares. With access to MetaTrader 4 and 5, traders may study markets and execute trades using a number of tools and features.
Second, JustMarkets may be appropriate for persons interested in investing in a variety of financial products and obtaining investment advice. Through its website, www.justmarkets.eu, the firm provides portfolio management and related services, as well as investment advice.
Finally, JustMarkets is a good choice for traders and investors looking for a broker with a solid reputation and track record. Several honors, including “Best Broker in Asia” and “Best Broker in Africa,” may attest to the company’s quality and dependability.
It is important to remember, however, that dealing in financial markets entails risks and may not be suited for everyone. It is critical to recognize the hazards associated and, if necessary, seek expert guidance.
Security and Regulation
JustMarkets is a regulated international broker that places a high priority on the security of its clients’ funds and personal information. The company is regulated by several financial regulatory authorities, including the Cyprus Securities and Exchange Commission (CySEC), Seychelles Financial Services Authority (FSA), Financial Sector Conduct Authority (FSCA) in South Africa, and Financial Services Commission (FSC) in Mauritius. These regulatory bodies oversee the operations of JustMarkets within their respective jurisdictions, ensuring compliance with financial regulations and providing protection to clients.
As a regulated broker, JustMarkets is required to meet strict regulatory standards for security, including keeping client funds separate from the company’s operating funds, maintaining adequate capital reserves, and adhering to anti-money laundering and know-your-customer regulations. Additionally, JustMarkets uses advanced encryption technology to protect clients’ personal and financial information and employs strict security protocols to safeguard its trading platforms and servers.
JustMarkets also offers a range of security features to its clients, including two-factor authentication for logins, which provides an additional layer of security to prevent unauthorized access to accounts. The company also uses secure payment methods, such as bank wire transfers, credit cards, and electronic payment systems, to ensure that clients’ funds are securely transferred to and from their accounts.
Top JustMarkets Features
- Wide Range of Financial Instruments: JustMarkets offers access to a wide range of financial instruments, including forex, indices, commodities, and shares. This provides traders with diverse options to build a well-rounded portfolio and capitalize on market opportunities.
- Multiple Trading Platforms: JustMarkets supports MetaTrader 4 and 5, two of the most popular trading platforms in the industry. These platforms are widely used by traders and offer advanced charting tools, technical analysis indicators, and algorithmic trading capabilities.
- 24-Hour Customer Support: JustMarkets provides 24/7 customer support in three languages – English, Indonesian, and Malaysian. Traders can reach out to the company’s support team via live chat, phone, or email for assistance with their trading accounts.
- Low Spreads: JustMarkets offers competitive spreads on a range of financial instruments, which can help traders save on trading costs and maximize their profits.
- Educational Resources: JustMarkets provides a range of educational resources to help traders improve their skills and knowledge, including trading guides, video tutorials, webinars, and market analysis.
- Copy Trading: Copy trading is one of this broker’s top features. Even if you have no trading expertise, you may use this program to replicate the traders of proven-successful market traders. This add-on provides you complete control over who you copy and how you copy, as well as an Investor Protection Mechanism that prevents copying if the market moves against your selected Trader. On the other hand, you might apply to be replicated as a selected Trader.
- Forex Social Trading: This is a service that allows investors to pick which traders they wish to mimic (these traders are known as signal providers). This instrument, like copy trading, is primarily designed to aid beginning traders by reducing the amount of time they need to spend on research to get started. This Social Trading add-on is accessible directly from your account. To clarify, items differ depending on jurisdiction, and Terms & Conditions apply.
Account Options
- Broker Type: Non-Advisory/Executionary Broker
- Minimum Deposit: $1 – $500
- Forex Majors Spread: From 0 – 0.3 pips
- Scalping: Yes
- Hedging: Yes
- Free Demo Account: Yes
- Traders From USA: No
JustMarkets Account Types
JustMarkets offers four different account types, each with their own unique features and benefits. The Standard account type, available on the MT5 platform, is the most popular account type and is best suited for non-aggressive intraday traders. It offers tight spreads, a basic set of tools, and allows trading on daily charts. The Pro account type, also available on the MT5 platform, is best suited for experienced professionals who can use any trading style. It offers narrow spreads, no commission, high leverage, and no restrictions on order numbers and volume.
The Raw Spread account type, available on the MT5 platform, is best for traders with frequent trades on short time frames. It offers dynamic trading and spreads that start at zero. The Standard Cent account type, available on the MT4 platform, is designed for beginning traders, with the account balance measured in US cents. It offers a lower minimum deposit and a smaller selection of trading instruments compared to other account types.
All account types offer swap/rollover-free options, a free demo account, and copy trading support. The minimum deposit for the Standard and Standard Cent account types is only $1, while the minimum deposit for the Raw Spread and Pro account type is $100. JustMarkets also offers a wide range of account currencies, including USD, EUR, GBP, JPY, MYR, IDR, THB, VND, KWD, CNY, and ZAR. Available leverage for all account types is up to 1:3000. Commission per trade varies depending on the account type.
Trading and Investment Tools
JustMarkets offers a variety of trading and investment tools to assist traders in making informed decisions. Some of the tools available include:
- One-click trading: Allows traders to execute trades quickly and easily with just one click.
- Trade off charts: Provides traders with a visual representation of price movements, allowing them to make more informed trading decisions.
- Email and mobile alerts: Keeps traders updated on market movements and price changes via email and mobile notifications.
- Stop order: Allows traders to automatically exit a position once a certain price level is reached, helping to limit potential losses.
- Market order: Enables traders to buy or sell at the current market price.
- Trailing stop order: Allows traders to set a stop-loss order at a certain distance from the current market price, which will follow the price if it moves in the trader’s favor.
- OCO (One Cancels Other) orders: Allows traders to place two orders simultaneously, and when one is filled, the other is automatically cancelled.
- Limit order: Allows traders to set a specific price at which they are willing to buy or sell a security.
- 24-hour trading: Enables traders to trade around the clock, taking advantage of market movements at any time.
- Charting package: Provides traders with a range of technical analysis tools to help them identify market trends and make informed trading decisions.
- Streaming news feed: Keeps traders up-to-date with the latest market news and developments, helping them to stay ahead of the curve.
Conclusion on JustMarkets
JustMarkets is a well-established online broker that offers a range of features and tools to cater to the needs of traders of all levels. The broker provides a variety of account types to choose from, with low minimum deposit requirements and competitive spreads. The platform supports both MT4 and MT5, and offers a range of trading instruments including forex, metals, indices, shares, and cryptocurrencies. JustMarkets also provides its clients with access to a range of trading tools, including one-click trading, trade-off charts, email alerts, mobile alerts, stop orders, market orders, trailing stop orders, OCO orders, limit orders, charting package, and streaming news feeds.
The broker is also well-regulated, ensuring a secure trading environment for its clients. It offers 24-hour customer support in three languages, which is a significant advantage for clients based in Asia. The only downside is that JustMarkets does not accept clients from the United States. Overall, JustMarkets is a reliable broker with a range of features and tools to support traders of all levels, making it a good option for anyone looking for a reliable online broker.