Just2Trade offers a variety of account types tailored to different trading needs and expertise levels. Below is a detailed overview of each account type available.
| Account Type | Minimum Deposit | Spread | Leverage | Key Features | Target User Profile |
|---|---|---|---|---|---|
| Forex Standard | $100 | From 0.5 pips | Up to 1:100 | Beginner-friendly | Beginners |
| Forex ECN | $100 | From 0.0 pips | Up to 1:100 | Direct market access | Experienced traders |
| MT5 Global | $100 | From 0.0 pips | Up to 1:100 | Advanced trading tools | Advanced/professional |
| Forex Islamic | $100 | From 0.05 pips | Up to 1:100 | Swap-free | Islamic traders |
| Demo Account | N/A | Similar to live | Up to 1:100 | Risk-free trading practice | Beginners/testing traders |
| Feature | Forex Standard | Forex ECN | MT5 Global | Forex Islamic | Demo Account |
|---|---|---|---|---|---|
| Minimum Deposit | $100 | $100 | $100 | $100 | N/A |
| Maximum Leverage | Up to 1:100 | Up to 1:100 | Up to 1:100 | Up to 1:100 | Up to 1:100 |
| Spreads (Typical/Minimum) | From 0.5 pips | From 0.0 pips | From 0.0 pips | From 0.05 pips | Similar to live |
| Commission Fees | None specified | Yes (per trade) | Yes (per trade) | None specified | None |
| Lot Size | 0.01 (micro) | 0.01 (micro) | 0.01 (micro) | 0.01 (micro) | N/A |
| Available Trading Platforms | MT4 | MT4/MT5 | MT5 | MT4 | MT4/MT5 |
| Execution Type | Market | ECN | Market | Market | Market |
| Islamic Account Availability | No | No | No | Yes | No |
| Swap-Free Options | No | No | No | Yes | No |
| Demo Account Features | N/A | N/A | N/A | N/A | Virtual balance, practice environment |
Eligibility Criteria:
Age Requirements: Must be at least 18 years old.
Geographic Restrictions: Available to clients in over 130 countries, but not available in the USA, Canada, or Japan.
Prohibited Countries: Specific restrictions apply based on regulatory compliance.
Identity Verification Documents Needed:
Government-issued ID (passport or national ID card)
Proof of residence (utility bill or bank statement)
Additional Documentation for Professional Accounts:
Proof of income or financial status may be required for professional accounts.
KYC/AML Compliance Procedures:
Just2Trade adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring verification of identity and address.
Verification Time Frames:
Account verification typically takes 1-3 business days, depending on the completeness of submitted documents.
Demo Account Features and Benefits:
Allows traders to practice trading strategies without financial risk.
Provides access to the same trading platforms and tools as live accounts.
How to Open a Demo Account:
Visit the Just2Trade website and select the option to open a demo account.
Fill in the required information and follow the prompts.
Demo Account Limitations:
Virtual balance is limited and may not reflect real market conditions.
Time-limited access to the demo account.
Virtual Balance Amount:
Typically starts with a virtual balance of $10,000.
Demo vs Live Account Differences:
Demo accounts use virtual funds, while live accounts involve real money.
Trading conditions may vary slightly between demo and live environments.
Duration/Expiry of Demo Accounts:
Demo accounts usually expire after 30 days of inactivity.
Swap-Free/Islamic Account Availability:
Just2Trade offers a Forex Islamic Account that complies with Islamic finance principles.
Eligibility Requirements:
Traders must declare their need for a swap-free account based on religious beliefs.
Differences from Standard Accounts:
Islamic accounts do not incur interest charges and are structured to comply with Sharia law.
How to Apply for Islamic Account:
Select the Islamic account option during the registration process and provide necessary documentation.
Restrictions or Special Conditions:
Just2Trade reserves the right to monitor accounts for compliance with swap-free conditions.
Explore broker markets account types: forex/trading accounts with demo access.