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For more information about JustMarkets Forex Broker company profile, come to WikiBit!

Rating Index

Pros

Wide range of trading instruments, including over 170 options across forex, commodities, indices, and stocks.
High leverage options of up to 1:3000 for non-EU clients, allowing for potentially greater profits.
24/7 multilingual customer support, ensuring prompt assistance for traders around the globe.

Cons

Limited availability in key regions such as the U.S., U.K., and Japan, restricting access for some traders.
No support for popular platforms like cTrader or TradingView, which may deter some advanced traders.
Withdrawal requests can sometimes face delays due to additional verification processes, leading to frustration.

JustMarkets Company

JustMarkets Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

JustMarkets Company was founded in 2012, emerging as a global player in the online trading industry. The company was established to provide a user-friendly trading environment that caters to both novice and experienced traders.

Parent Company/Ownership Structure

JustMarkets operates under the ownership of Just Global Markets Ltd. This structure allows the company to maintain a focus on providing high-quality trading services while adhering to regulatory standards across various jurisdictions.

Headquarters Location

The company is headquartered in Limassol, Cyprus, a strategic location that supports its operations and regulatory compliance.

Global Business Scope

JustMarkets has a significant global presence, serving clients in over 160 countries. The company has established itself in various markets, offering a diverse range of trading instruments and services to cater to a wide clientele.

Main Regulatory Bodies

JustMarkets is regulated by several prominent financial authorities, including:

  • Cyprus Securities and Exchange Commission (CySEC)
  • Seychelles Financial Services Authority (FSA)
  • Financial Sector Conduct Authority (FSCA) in South Africa
  • Financial Services Commission (FSC) in Mauritius

These regulatory bodies oversee JustMarkets operations, ensuring compliance with industry standards and protecting client interests.

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2. Company History and Development

Key Milestones

Since its inception in 2012, JustMarkets has achieved several key milestones:

  • 2012: Establishment of the company and launch of trading services.
  • 2015: Introduction of the MetaTrader 4 (MT4) platform, enhancing user experience.
  • 2018: Expansion to include MetaTrader 5 (MT5), catering to the growing demand for advanced trading tools.
  • 2020: Reached over 2 million registered traders globally.

Business Expansion Journey

JustMarkets has consistently expanded its services and reach. Initially focused on forex trading, the company has broadened its offerings to include CFDs, stocks, commodities, and cryptocurrencies. This diversification has allowed JustMarkets to attract a wider range of traders.

Customer Base Growth

The company has experienced substantial growth in its customer base, with over 2 million traders actively using its platform. This growth can be attributed to its competitive trading conditions, user-friendly platforms, and strong customer support.

Platform Development History

JustMarkets has invested in developing its trading platforms, ensuring that they remain competitive in the evolving market. The introduction of MT4 and MT5 has provided traders with advanced tools for technical analysis, automated trading, and enhanced user experience.

Important Awards or Recognitions Received

JustMarkets has received multiple awards for its services, including accolades for being a trusted online CFD broker. These recognitions highlight the company's commitment to providing quality trading conditions and customer support.

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3. Trading Services Offered

Forex Trading Options

JustMarkets offers a comprehensive range of forex trading options, providing access to 61 currency pairs. Traders can engage in trading major, minor, and exotic pairs, allowing for diverse trading strategies.

Stock Trading Options

The company allows traders to invest in shares of major global companies, including tech giants like Apple and Tesla. This stock trading option enables clients to diversify their portfolios beyond forex.

CFD Trading Products

JustMarkets provides a wide array of Contracts for Difference (CFDs), allowing traders to speculate on price movements without owning the underlying asset. This includes CFDs on indices, commodities, and cryptocurrencies.

Other Financial Instruments

In addition to forex and stocks, JustMarkets offers trading in various financial instruments, including:

  • Cryptocurrencies: A selection of popular digital currencies is available for trading.
  • Commodities: Traders can access precious metals like gold and silver, as well as energy products such as crude oil.

Special Services or Unique Advantages

JustMarkets stands out in the industry with several unique advantages:

  • High Leverage: Offers leverage up to 1:3000 for non-EU clients, providing significant trading power.
  • Low Minimum Deposit: Clients can start trading with a minimum deposit as low as $1, making it accessible to beginners.
  • 24/7 Customer Support: Multilingual support is available around the clock, ensuring traders receive assistance whenever needed.

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Detailed Regulatory Information

JustMarkets is regulated by:

  • CySEC (Cyprus Securities and Exchange Commission)
  • FSA (Seychelles Financial Services Authority)
  • FSCA (Financial Sector Conduct Authority, South Africa)
  • FSC (Financial Services Commission, Mauritius)

These regulatory bodies enforce strict compliance measures, ensuring that JustMarkets operates within legal frameworks.

The company's legal structure varies by region, with Just Global Markets Ltd. holding the necessary licenses in jurisdictions where it operates. This structure allows for localized compliance with regional regulations.

Client Fund Protection Measures

JustMarkets prioritizes client fund safety through several measures:

  • Segregated Accounts: Client funds are held in separate accounts, ensuring they are protected in the event of company insolvency.
  • Negative Balance Protection: This feature prevents clients from losing more than their deposited amount, offering an additional layer of security.

Countries/Regions Served

JustMarkets serves clients in over 160 countries, with a focus on regions where it is legally permitted to operate. However, it does not accept clients from the United States, the United Kingdom, Japan, and certain EU countries.

Compliance History

JustMarkets has maintained a strong compliance record, adhering to the regulations set forth by the governing bodies. This commitment to compliance has contributed to its reputation as a trusted broker in the industry.

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5. Competitive Landscape

3-5 Main Competitors

JustMarkets operates in a competitive market, with several key competitors, including:

  • XM Group: Known for its extensive educational resources and competitive trading conditions.
  • IC Markets: Offers low spreads and a wide range of trading instruments.
  • Admiral Markets: Provides a robust trading platform and strong customer support.

Positioning in the Industry

JustMarkets positions itself as a client-focused broker that emphasizes low trading costs, high leverage, and a diverse range of trading instruments. Its regulatory compliance and commitment to safety further enhance its standing in the market.

Market Differentiation Factors

JustMarkets differentiates itself through:

  • Low Minimum Deposit: Attracting new traders with a low entry barrier.
  • High Leverage Options: Catering to traders seeking significant trading potential.
  • Comprehensive Educational Resources: Supporting traders in improving their skills and knowledge.

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In conclusion, JustMarkets Company has established itself as a reputable broker in the online trading industry. With a strong regulatory framework, diverse trading options, and a commitment to customer support, it continues to attract a growing number of traders worldwide.

For more information about JustMarkets and its offerings, learn more.