JustMarkets Forex Broker

Justmarkets Forex Broker - Complete Information Guide

1. Broker Overview

　　Justmarkets, formerly known as Justforex, is a prominent online brokerage firm established in 2012. The company is headquartered in Seychelles and operates through various regional offices, including locations in Cyprus and Mauritius. Justmarkets is a private entity and is not publicly traded.

　　The broker primarily serves a diverse clientele across 197 countries, catering to both retail and institutional traders. Over the years, Justmarkets has developed a strong reputation, particularly in the Asian market, where it has been recognized for its commitment to providing high-quality trading services. The firm has achieved several milestones, including being awarded the title of "Best Broker in Asia" at the Ultimate Best Brokers & B2B Fintech Awards in 2022.

　　Justmarkets operates under a multi-entity structure, with its parent company being Just Global Markets Ltd. The brokerage focuses on retail forex and CFD trading, offering a wide array of financial instruments to its clients, including forex pairs, commodities, indices, and cryptocurrencies. The business model is designed to create a transparent and user-friendly trading environment, allowing traders to maximize their investment potential.

2. Regulation and Compliance Information

　　Justmarkets is regulated by several reputable authorities, ensuring a secure trading environment for its clients. The primary regulatory bodies overseeing Justmarkets include:

• Seychelles Financial Services Authority (FSA) - License No. SD 088
• Cyprus Securities and Exchange Commission (CySEC) - License No. 401/21
• Financial Sector Conduct Authority (FSCA) in South Africa - License No. 51114
• Financial Services Commission (FSC) in Mauritius - License No. GB 22200881

　　Each regulatory body provides oversight and ensures compliance with industry standards. The licenses granted by these authorities allow Justmarkets to operate in various jurisdictions, with specific regulations tailored to the regions they serve.

　　Justmarkets implements a robust client fund protection policy, including the segregation of client funds from the company's operational funds. This practice is crucial in safeguarding clients' investments. Additionally, the broker adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures to protect against fraudulent activities.

3. Trading Products and Services

　　Justmarkets offers a diverse range of trading products across multiple asset classes. Traders can access:

• Forex: Over 80 currency pairs, including major, minor, and exotic pairs.
• CFDs: Contracts for difference on commodities, indices, stocks, and cryptocurrencies.
• Commodities: Precious metals like gold and silver, as well as energy commodities such as crude oil and natural gas.
• Indices: CFDs on major global indices, including the S&P 500 and NASDAQ 100.
• Cryptocurrencies: Trading options for popular cryptocurrencies, including Bitcoin, Ethereum, and Ripple.

　　The broker regularly updates its product offerings to include emerging financial instruments, ensuring traders have access to a comprehensive suite of trading options. Justmarkets focuses on providing retail trading services, while institutional clients can also benefit from tailored solutions.

4. Trading Platforms and Technology

　　Justmarkets supports two of the most popular trading platforms in the forex industry: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both platforms are available for desktop, web, and mobile devices, providing traders with flexibility and accessibility.

MetaTrader 4 (MT4)

• Renowned for its user-friendly interface, MT4 is ideal for forex trading.
• Features include advanced charting tools, 30 technical indicators, and automated trading capabilities through Expert Advisors (EAs).
• Recently, Justmarkets introduced a dedicated MT4 server, enhancing its technical capacity.

MetaTrader 5 (MT5)

• MT5 offers a more sophisticated trading experience, catering to professional traders.
• It includes 38 technical indicators, 44 graphical objects, and 21 timeframes, along with an integrated economic calendar.
• MT5 supports additional asset classes, making it a versatile choice for traders seeking comprehensive analysis tools.

　　Justmarkets does not provide a proprietary trading platform but integrates seamlessly with the MT4 and MT5 applications. The broker operates under a Straight Through Processing (STP) model, ensuring efficient order execution with minimal latency. The servers are strategically located to enhance connectivity and speed.

5. Account Types and Trading Conditions

　　Justmarkets offers a variety of account types to accommodate different trading strategies and experience levels. The available accounts include:

• Standard Cent Account: Minimum deposit of $1, spreads starting from 0.3 pips, and no commissions. This account is designed for beginners.
• Standard Account: Requires a minimum deposit of $1, with spreads starting from 0.3 pips and no commissions, suitable for all trading strategies.
• Pro Account: Minimum deposit of $100, offering tighter spreads starting from 0.1 pips and no commissions, ideal for experienced traders.
• Raw Spread Account: Minimum deposit of $100, features spreads starting from 0.0 pips with a commission of $3 per side per lot, catering to scalpers and high-frequency traders.
• Islamic Account: A swap-free option for traders adhering to Islamic finance principles.
• Demo Account: Allows users to practice trading without financial risk, simulating real market conditions.

　　Justmarkets provides leverage of up to 1:3000, depending on the account type and jurisdiction. The minimum trade size is 0.01 lots, and overnight fees apply for positions held beyond the trading day.

6. Fund Management

　　Justmarkets supports various deposit and withdrawal methods to ensure convenience for its clients. The deposit options include:

• Credit/Debit Cards: Instant processing.
• Bank Wire Transfers: Typically processed within 1-2 hours.
• E-Wallets: Including Perfect Money, Neteller, and Skrill, with instant processing.
• Cryptocurrencies: Such as Bitcoin and Ethereum, processing time varies based on the blockchain network.

　　The minimum deposit requirement varies by account type, starting from $1 for standard accounts and $100 for pro and raw spread accounts. Justmarkets does not charge any deposit fees, although third-party fees may apply.

　　For withdrawals, clients can use the same methods as deposits, with processing times typically ranging from 1-2 hours. There are no withdrawal fees, but a 3% fee is applied to withdrawals from accounts with no trading activity.

7. Customer Support and Educational Resources

　　Justmarkets is committed to providing excellent customer support, available 24/7 through various channels, including:

• Email Support: Reachable at support@justmarkets.com.
• Live Chat: Accessible directly from the website.
• Phone Support: Available at +371 67 881 045 or +44 1418 461237.
• Social Media: Support via platforms such as Telegram, WhatsApp, and Viber.

　　The broker offers multilingual support in English, Indonesian, Malaysian, Spanish, Portuguese, and Vietnamese, ensuring effective communication with clients worldwide.

　　In terms of educational resources, Justmarkets provides a variety of materials, including:

• Webinars: Covering a range of trading topics for beginners and advanced traders.
• Market Analysis: Daily forecasts and insights into market movements.
• Forex Glossary: A comprehensive guide to trading terminology.
• Educational Videos: Tutorials on using the MT4 and MT5 platforms.

8. Regional Coverage and Restrictions

　　Justmarkets operates in various regions, providing services to clients in over 197 countries. However, it does not accept clients from certain jurisdictions, including:

• United States
• United Kingdom
• Japan
• Australia
• Canada
• Some EU countries

　　The broker's operations are tailored to comply with the regulations of the regions they serve, ensuring that clients receive appropriate protections based on their location.

　　In summary, Justmarkets is a well-established broker offering a comprehensive suite of trading services, competitive trading conditions, and a strong regulatory framework. With a focus on client safety and satisfaction, Justmarkets continues to be a reliable choice for traders worldwide.