Table of Contents
Introduction
JustMarkets is an internationally acclaimed broker with a strong foothold in Asia. Formerly known as JustForex, the company underwent rebranding to further its expansion. With accessibility in over 200 countries, JustMarkets boasts a wide array of assets, tight spreads, and four distinct account types.
Licensing and Regulation
- JustMarkets operates under the regulatory oversight of several prestigious bodies:
- Cyprus Securities and Exchange Commission (license number 401/21).
- Seychelles Financial Services Authority (license №SD088).
- Financial Sector Conduct Authority (FSCA) in South Africa (FSP number 51114).
- Financial Services Commission (Mauritius) (License number GB22200881).
- For the safety of its traders, the broker segregates client and company funds, ensuring client funds remain untouched.
Trading Platforms
- JustMarkets provides its traders with both MetaTrader 4 and MetaTrader 5 platforms.
- These platforms come enriched with analytical features, charts, and a myriad of tools to enhance trading.
- Traders can access MT4 on mobile, web, and desktop, whereas MT5 is accessible on both PC and mobile.
Account Types
- Four account types cater to a range of traders:
- Standard Cent (exclusive to MT4).
- Standard.
- Pro.
- Raw Spread.
- Features vary, with minimum deposits ranging from $1 to $100, and leverage up to 1:3000.
Tradable Assets
A wide spectrum of assets is on offer:
- Forex.
- Metals.
- Indices.
- Energies.
- Cryptocurrency Pairs.
- Shares.
Spreads & Fees
Spreads commence from 0 pips.
Three out of the four accounts charge no commissions, while the Raw Spread account incurs a fee of 3 units of the base currency per lot on both sides.
Deposit and Withdrawal
Multiple payment avenues are available: Visa, Mastercard, Skrill, Neteller, Bank Transfer, and more.
The exact speed of processing and fees might vary based on the method.
Customer Support
Support is available 24/7 in three languages: English, Indonesian, and Malaysian.
Communication can be established via email or phone.
Educational Resources
ustMarkets equips its traders with a Learning Center containing webinars, articles, glossaries, and educational videos.
Traders can access a Market Overview, Daily Forecast, Market News, and an Economic Calendar for updated economic insights.
Pros and Cons
- Pros: MT4/5 available, competitive spreads, high leverage, and diverse trading instruments.
- Cons: Absence of traders from the US, UK, and Japan.
Conclusion
JustMarkets has firmly established itself as a preferred broker in Asia, catering to both newbie and professional traders. With advanced platforms, comprehensive security measures, and an expansive asset range, it’s a commendable choice for traders worldwide.
FAQs
JustMarkets is an international broker previously known as JustForex. It offers trading services in over 200 countries.
JustMarkets supports both MetaTrader 4 and MetaTrader 5 platforms.
Yes, JustMarkets is regulated by several bodies including the Cyprus Securities and Exchange Commission and the Seychelles Financial Services Authority.
JustMarkets offers four types of accounts: Standard Cent, Standard, Pro, and Raw Spread.
Three out of the four account types charge no commission. However, the Raw Spread account has a commission.
Traders can trade Forex, Metals, Indices, Energies, Cryptocurrency Pairs, and Shares.
The minimum deposit varies by account type, ranging from $1 to $100.
Traders can reach out to JustMarkets’ customer support via email or phone, available 24/7.
Yes, JustMarkets provides a Learning Center with webinars, articles, and other educational materials.
No, JustMarkets does not cater to traders from the US, UK, or Japan.
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