Is Juno Markets safe and legit? Full review
Juno Markets is a Vanuatu-based broker established in 2017 that is regulated by the Vanuatu Financial Services Commission and the Australia Securities & Investment Commission, combining offshore and onshore oversight under a Level 1 safety rating. It holds a strong AA rating for its trading environment, with an AAA speed grade and an average speed of 234.7 ms, alongside a Class C influence rating. Three account types are offered, with minimum deposits starting at 15 USD and leverage up to 1:1000, and all of them support hedging, scalping, and EA trading. The broker provides MT4, MT5, and its own self-developed software with full authorization, and customer support is available in five languages. Its profile also flags multiple regulatory disclosures and a high number of user complaints, so the details below are worth reviewing closely.
Regulatory Compliance and Security
Juno Markets operates under two regulators, one offshore and one onshore, and carries a safety level of Level 1.
The Vanuatu Financial Services Commission authorization (regulation number 40099) is classified as offshore regulation, while the Australia Securities & Investment Commission license (regulation number 540205) is a standard regulated status. One regulatory disclosure is recorded: in 2020, Juno Markets was placed on the Investor Alert List by the Securities Commission Malaysia for carrying out unlicensed capital market activities in securities and derivatives and for misrepresentation and misuse of the regulator's name and logo.
Account Type
Juno Markets offers 3 account types, all of which trade Forex, Metals, Stocks Indices, and Oil.
Every account type supports lock-up positions, scalping, and EA trading.
Trading Environment
Juno Markets has a trading environment rating of AA, with the specific breakdown indicators as follows:
Speed Details:
- Fastest speed: 138.0 ms (opening 138.0 / closing 141.0)
- Slowest speed: 1925.0 ms (opening 1904.0 / closing 1925.0)
Cost Details:
- Gold (XAU): Average Cost 21.39 USD/Lot
- Crude Oil (WH): Average Cost 0.0 USD/Lot
Swap Details:
- Crude Oil Long: -6.75 USD/Lot / Short: 2.93 USD/Lot
- Gold Long: -63.11 USD/Lot / Short: 28.94 USD/Lot
Test data: 242 users participated in the test, with a total of 23,800 transactions and occupied margin of $12,113,287 USD. It ranks 35th among 109 brokers in the comprehensive ranking.
Trading software
Juno Markets supports the MT4 and MT5 platforms with full authorization, as well as its self-developed software. The software experience is rated as "Smooth."
MT4/5 Server Distribution:
- MT5 servers: JunoMarkets-Live and JunoMarkets-Server located in the United Kingdom, China, China Hong Kong, Indonesia, Thailand, Philippines, and the United States
- MT4 servers: JunoMarkets-Live and JunoMarkets-Demo located in the United Kingdom, China, China Hong Kong, the United States, Singapore, and Australia
Mobile Support:
- iOS: JunoMarkets - Juno Auto Trader
Customer Service
Customer support is available in 5 languages, and you can reach the team through email and IM apps for answers to most inquiries, although response times may be lengthy.
⚠️ Most inquiries receive a response, but the waiting time can be relatively long.
Influence
The influence of Juno Markets is rated Class C, with an average influence index of 5.27, and its reach is mainly distributed across the United Kingdom, Indonesia, India, Kazakhstan, Thailand, and the United States.