justbroker Account Types & Opening Guide 2025: Complete Comparison and Registration Steps
justbroker Account Types Explained
JustMarkets, known for its diverse trading options, offers several account types tailored to different trading styles and experience levels. Below is a detailed overview of the available account types:
1. Standard Account
- Minimum Deposit Requirement: $10
- Spread/Commission Structure: Spreads from 0.3 pips, no commissions.
- Leverage Options: Up to 1:3000.
- Key Features: Ideal for all trading strategies, including scalping and hedging.
- Target User Profile: Suitable for both beginners and experienced traders.
- Trading Instruments Available: Forex, Indices, Commodities, Stocks, Crypto.
2. Standard Cent Account
- Minimum Deposit Requirement: $10
- Spread/Commission Structure: Spreads from 0.3 pips, no commissions.
- Leverage Options: Up to 1:3000.
- Key Features: Allows trading in micro lots, making it perfect for beginners.
- Target User Profile: Beginners and those testing strategies.
- Trading Instruments Available: Forex, Commodities.
3. Pro Account
- Minimum Deposit Requirement: $100
- Spread/Commission Structure: Spreads from 0.1 pips, commissions apply.
- Leverage Options: Up to 1:30.
- Key Features: Designed for professional traders seeking lower spreads.
- Target User Profile: Advanced traders.
- Trading Instruments Available: Forex, Indices, Commodities, Stocks, Crypto.
4. Raw Spread Account
- Minimum Deposit Requirement: $100
- Spread/Commission Structure: Spreads from 0 pips, commissions apply.
- Leverage Options: Up to 1:30.
- Key Features: Offers tight spreads for high-frequency trading.
- Target User Profile: Professional traders and scalpers.
- Trading Instruments Available: Forex, Indices, Commodities, Stocks, Crypto.
5. Islamic Account
- Minimum Deposit Requirement: $10 (for Standard and Standard Cent), $100 (for Pro and Raw Spread).
- Spread/Commission Structure: Similar to respective account types but swap-free.
- Leverage Options: Up to 1:3000 (Standard and Standard Cent) or 1:30 (Pro and Raw Spread).
- Key Features: Complies with Islamic finance principles.
- Target User Profile: Muslim traders.
- Trading Instruments Available: Forex, Indices, Commodities, Stocks, Crypto.
6. Demo Account
- Minimum Deposit Requirement: None (virtual funds).
- Spread/Commission Structure: Simulated trading conditions.
- Leverage Options: Up to 1:3000.
- Key Features: Allows traders to practice without financial risk.
- Target User Profile: Beginners and experienced traders testing strategies.
- Trading Instruments Available: Forex, Indices, Commodities, Stocks, Crypto.
Account Type Comparison Table
Recommended Account Types by Trader Level
- Beginners: Standard Account, Standard Cent Account
- Intermediate Traders: Pro Account
- Advanced Traders: Raw Spread Account
- Muslim Traders: Islamic Account
- Practice: Demo Account
Detailed justbroker Account Features
Comparison of Features Across Different Account Types
Advantages of Each Account Type
- Standard Account: Low minimum deposit, no commissions, suitable for various strategies.
- Standard Cent Account: Ideal for beginners, allows micro-lot trading.
- Pro Account: Lower spreads for professional trading, suitable for high-volume traders.
- Raw Spread Account: Tight spreads for scalpers, ideal for high-frequency trading.
- Islamic Account: Complies with Islamic finance principles, swap-free.
- Demo Account: Risk-free environment to practice trading strategies.
Disadvantages of Each Account Type
- Standard Account: Higher spreads compared to Pro and Raw accounts.
- Standard Cent Account: Limited to specific instruments.
- Pro Account: Higher minimum deposit and commissions.
- Raw Spread Account: Requires a higher minimum deposit, commissions apply.
- Islamic Account: Limited availability based on account type.
- Demo Account: Limited to virtual funds, no real profit potential.
justbroker Account Registration Requirements
Eligibility Criteria
- Age Requirements: Must be at least 18 years old.
- Geographic Restrictions: Available globally, but specific countries may be prohibited due to regulatory restrictions.
- Prohibited Countries: Specific countries may be restricted based on local regulations.
- Identity Verification Documents Needed: Government-issued ID (passport, national ID).
- Proof of Residence Requirements: Utility bill or bank statement showing name and address.
- Additional Documentation for Professional Accounts: May require proof of trading experience or financial status.
KYC/AML Compliance Procedures
- JustMarkets adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, requiring identity verification and proof of residence.
Verification Time Frames
- Account verification typically takes a few hours to a maximum of 24 hours, depending on the volume of applications.
Step-by-Step justbroker Account Opening Guide
Detailed Step-by-Step Registration Process
- Visit Website and Click Registration: Go to the JustMarkets official website and click on the "Sign Up" button.
- Personal Information Entry: Fill in your email address, create a secure password, and select your country of residence.
- Choose Account Type: Select the account type that suits your trading needs (e.g., Standard, Pro).
- Set Trading Preferences: Specify your trading preferences, including leverage and trading platform.
- Document Upload: Upload the required identity verification documents.
- Account Verification: Wait for the verification process to complete.
- Fund Your Account: Deposit funds into your trading account using your preferred payment method.
- Start Trading: Access your account and begin trading.
Desktop vs Mobile Registration Differences
- The registration process is similar on both desktop and mobile platforms, with minor differences in interface layout.
Common Registration Issues and Solutions
- Issue: Email not received for verification.
- Solution: Check spam/junk folders or request a new verification email.
- Issue: Document upload errors.
- Solution: Ensure documents are clear and meet the required format.
Average Account Approval Time
- The average account approval time is typically within a few hours to 24 hours, depending on the completeness of the submitted documents.
How to Upgrade/Downgrade Account Types
- To change account types, contact JustMarkets customer support for assistance with the process.
justbroker Demo Account Guide
Demo Account Features and Benefits
- The demo account allows traders to practice trading strategies without financial risk, using virtual funds.
How to Open a Demo Account
- Visit the JustMarkets website, select the demo account option, and follow the registration steps similar to opening a live account.
Demo Account Limitations
- The demo account does not provide real profits and may have a limited duration.
Virtual Balance Amount
- The demo account typically offers a virtual balance of $10,000 or more, depending on the broker's policy.
Demo vs Live Account Differences
- The demo account simulates trading conditions, while the live account involves real money and market conditions.
Duration/Expiry of Demo Accounts
- Demo accounts may remain active for a limited time, often 30 days, but can sometimes be extended upon request.
justbroker Islamic Account Details
Swap-Free/Islamic Account Availability
- JustMarkets offers Islamic accounts that comply with Sharia law, ensuring no swap fees are charged.
Eligibility Requirements
- Traders must declare their need for an Islamic account during the registration process.
Differences from Standard Accounts
- Islamic accounts are swap-free and may have different commission structures.
How to Apply for Islamic Account
- Select the Islamic account option during the registration process or contact customer support for assistance.
Restrictions or Special Conditions
- Islamic accounts may have specific conditions regarding trading instruments and leverage.
FAQs – justbroker Account Types & Opening
- What account types does justbroker offer?
- JustMarkets offers Standard, Standard Cent, Pro, Raw Spread, Islamic, and Demo accounts.
- What is the minimum deposit for each account type?
- Standard and Standard Cent accounts require a minimum deposit of $10, while Pro and Raw Spread accounts require $100.
- How long does justbroker account verification take?
- Account verification typically takes a few hours to a maximum of 24 hours.
- Does justbroker offer demo accounts?
- Yes, JustMarkets offers demo accounts for practice trading.
- Can I have multiple account types with justbroker?
- Yes, traders can open multiple account types with JustMarkets.
- Does justbroker offer Islamic/swap-free accounts?
- Yes, JustMarkets provides Islamic accounts that are swap-free.
- What documents do I need to open a justbroker account?
- A government-issued ID and proof of residence are required.
- Can I change my account type after registration?
- Yes, you can change your account type by contacting JustMarkets customer support.
JUSTBROKER accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .