JustMarkets has earned a 4.4 rating on Trustpilot from 3000+ users, but does it deserve a spot in your trading portfolio?
This JustMarkets Forex Broker Review and Rating will get into whether this broker lives up to its reputation. JustMarkets presents an attractive package with regulation from CySEC, FSA, FSCA, and FSC, over 170+ trading instruments, leverage up to 1:3000, and a $1 minimum deposit that is low. The question remains: is JustMarkets legit, and does it provide the right balance of features and security you need for trading? We’ll break down everything you need to know.
JustForex launched operations from Belize in 2012. The broker focused on providing available forex trading services. The company’s first decade saw major expansion as it diversified beyond currency pairs into commodities, indices, shares and cryptocurrencies. The broker went through a major transformation in September 2022 following consistent growth and regulatory enhancement. It rebranded to JustMarkets and launched its CySEC-licensed entity. This rebrand coincided with expanded European distribution under MiFID II passporting rules.
The broker now serves over two million registered clients in 160+ countries. JustMarkets secured leading positions in APAC, MENA and LATAM regions through its development. The company’s trajectory reflects its commitment to meeting trader needs in a variety of markets. JustMarkets won recognition at iFX EXPO Cyprus in 2024 and received awards for Best IB/affiliate program and Best CFD broker.
JustMarkets operates through multiple regulated subsidiaries. Just Global Markets Ltd holds a Securities Dealer License from the Seychelles Financial Services Authority. JustMarkets Ltd operates under CySEC license number 401/21 from Cyprus. The broker maintains licenses through Just Global Markets (MU) Limited in Mauritius and Just Global Markets (VG) Limited in the British Virgin Islands.
The broker’s product expansion shows its adaptability to market trends. JustMarkets started with forex pairs and added access to precious metals, energies, stock CFDs, indices and cryptocurrencies progressively. This diversification allows traders to access over 250 financial instruments through a single platform.
JustMarkets positions itself as a trader-oriented broker with offerings that span multiple experience levels. The broker’s account structure accommodates beginners who seek low-barrier entry, intermediate traders requiring stable spreads and professionals wanting raw spread access. This segmented approach reflects the company’s understanding that different traders have distinct needs.
Beginners benefit from the broker’s low minimum deposit requirements and educational resources. The platform’s user-friendly interface on MetaTrader 4 and MetaTrader 5 provides available entry points without overwhelming new traders. JustMarkets offers flexible account options with competitive spreads that support steady growth strategies for intermediate traders.
Professional traders find value in the broker’s raw spread accounts and MT5 performance capabilities. The balance between simplicity for newcomers and advanced tools for experienced traders creates versatility across trading styles. The broker’s infrastructure supports various approaches whether you’re testing strategies with micro lots or executing high-volume trades.
The company’s client-centric philosophy prioritizes helping traders develop sustainable strategies rather than encouraging excessive risk. This approach demonstrates itself in transparent pricing, multiple account types and detailed support resources.
JustMarkets maintains a global presence in more than 160 countries. The broker has strong footholds in Asia-Pacific, Middle East-North Africa and Latin American markets. It serves traders in major economies including Germany, Spain, Italy, Poland, Brazil, South Africa, Nigeria, Malaysia, Indonesia and the Philippines. Regional coverage extends to emerging markets in Africa, Asia and Eastern Europe.
Regulatory restrictions prevent service in several jurisdictions while the broker’s reach is extensive. JustMarkets does not onboard clients from Canada, the United Kingdom, the United States, Australia, Japan, India and internationally sanctioned countries. These exclusions stem from specific regulatory frameworks in those regions that just need different licensing structures.
Different JustMarkets entities maintain varying country lists based on their regulatory requirements. The CySEC-licensed entity serves European Economic Area countries under passporting rights. The FSA-licensed entity focuses on Asian and African markets. Traders should verify availability based on their jurisdiction before registration then.
The broker’s multi-regulatory structure enables it to serve diverse regions while maintaining compliance with local financial standards. This geographic distribution combines with support for multiple languages and localized payment methods. It aids access for traders across continents.
Regulatory oversight is the foundation of broker trustworthiness. JustMarkets operates under multiple jurisdictions to serve its global client base. The Cyprus Securities and Exchange Commission (CySEC) provides the broker’s strictest oversight through JustMarkets Ltd, which holds license number 401/21. As a Tier-1 regulator within the European Union, CySEC enforces strict standards that comply with MiFID financial harmonization laws.
The CySEC license carries weight for European traders. This regulation mandates that client funds be placed in segregated accounts with central banks, credit institutions, or qualifying money market funds. Beyond fund segregation, CySEC-regulated entities must maintain substantial capital reserves. These include at least €200,000 in share capital and €750,000 in operating capital. Just as important, the license provides access to an investor protection fund. This fund offers compensation up to €20,000 per client if the broker faces insolvency.
The regulatory protection varies for traders outside Europe. It depends on which JustMarkets entity manages their account. The entity you sign up with determines the level of oversight and compensation available. This makes it worth your time to verify registration details during account opening.
JustMarkets maintains additional regulatory licenses through the Financial Services Authority of Seychelles and the Financial Sector Conduct Authority of South Africa. Just Global Markets Ltd operates under FSA license number SD088, which classifies as a Tier-3 regulator. The FSA requires client fund segregation and adherence to international AML and KYC standards. But it lacks the compensation schemes associated with Tier-1 bodies.
The broker’s South African entity, Just Global Markets (PTY) Ltd, holds FSP license 51114 from the FSCA. This Tier-2 regulator provides decent oversight, though not as stringent as CySEC’s requirements. More, JustMarkets holds authorization from the Financial Services Commission of Mauritius under license GB22200881, another Tier-3 regulatory body.
The multi-jurisdictional approach allows JustMarkets to serve traders across different regions while maintaining compliance with local financial standards. Each regulatory body ensures the broker follows fair trading practices and transparent pricing within their respective jurisdictions.
Client fund security goes beyond regulatory compliance at JustMarkets. The broker stores all client deposits in segregated bank accounts, separate from company operational funds. This segregation means your money remains protected even if the broker encounters financial difficulties.
Besides fund segregation, JustMarkets implements multiple layers of technical security. Data transfers occur through SSL security connections with encryption. This prevents third-party interception of user information. The broker employs a multilevel server system that supports uninterrupted service and complex data backup schemes to prevent loss of personal data and transaction histories.
Payment security receives equal attention. The card payment system JustMarkets cooperates with holds PCI DSS certification, an international security standard that involves a complex approach to protecting client data. All withdrawals undergo one-time password verification procedures. This adds double protection against unauthorized access. The broker’s Finance Department reviews every withdrawal transaction to ensure security before processing.
Protection from negative balances is a critical safety feature for traders using high leverage. JustMarkets compensates clients for losses exceeding their trading account balances. The broker adjusts the balance to zero when market volatility causes sharp price movements that push an account into negative territory.
This feature prevents traders from owing money to the broker during extreme market conditions. Volatility spikes occur during major economic announcements. Price slippage can result in rapid losses. By absorbing these excess losses, JustMarkets ensures that traders never face financial liabilities beyond what they invested.
The negative balance protection applies across all JustMarkets entities. This provides the safeguard whatever regulatory jurisdiction manages your account. Traders should understand that abusing this protection may lead to restrictions or termination of the service agreement.
Choosing the right account type affects your trading costs and execution quality. JustMarkets structures its offerings around four primary live accounts, each targeting specific trading styles and experience levels.
The Standard Account serves as the broker’s entry-level option. Traders seeking straightforward pricing without commission charges will find this account suitable. Spreads start from 0.3 pips on major pairs and operate on a spread-only model that eliminates per-trade fees. This account supports trading on daily charts and accommodates non-aggressive intraday strategies.
Access to all major trading instruments comes standard. You get forex pairs, metals and commodities. There are no restrictions on trading strategies, so you can test different approaches without limitations. The account accepts standard risk management tools, with Stop Loss and Take Profit orders available during or after order placement.
The Pro Account delivers spreads starting from 0.1 pips while maintaining a commission-free structure. Traders requiring tighter execution will benefit from this account type. This account provides access to over 50 currency pairs alongside metals and commodities. The pricing advantage becomes noticeable for active traders executing multiple positions daily.
Professional-grade conditions include high leverage options and no restrictions on order numbers or volume. Any trading style gets support. So scalpers and algorithmic traders find value in the Pro Account’s improved pricing without the complexity of commission calculations. The account handles both manual and automated trading equally well.
The Raw Spread Account features institutional-style pricing. Spreads float from 0.0 pips in exchange for a fixed commission. JustMarkets charges 3 units of the base currency per lot per side, making total cost calculations transparent and predictable. To name just one example, traders executing on EUR/USD pay $3 per standard lot on entry and another $3 on exit.
This account attracts scalpers and high-frequency traders who prioritize execution speed over commission avoidance. The true zero-pip spreads eliminate variable spread components that competitors often retain. The account permits any trading duration without minimum hold requirements and supports news trading and rapid-fire strategies. Market participants trading over 50 lots monthly on commodities or indices achieve lower total costs compared to spread-only models.
The Standard Cent Account defines risk reduction through position sizing. Your balance displays in cents rather than dollars. A $10 deposit translates to 1000 cents in your trading terminal and reduces exposure by a factor of 100. This structure allows genuine market experience without substantial capital requirements.
The account excels as a testing ground for money management systems and risk control protocols. Traders can test new strategies and assess broker conditions with minimal financial commitment. Once consistent profitability emerges on the Cent Account, transitioning to Standard, Pro, or Raw Spread accounts becomes a natural progression.
Sharia-compliant trading becomes available through JustMarkets’ Islamic account option, available across all four primary account types. These swap-free accounts eliminate overnight interest charges and allow positions to remain open without swap fees or credits. Rather than automatic assignment, conversion to swap-free status requires a support request through your client area.
The broker removes swap calculations, meaning trading results reflect only exchange rate movements during the holding period. Extended and Standard swap-free levels exist. The Extended level exempts most instruments from overnight charges. All traders can request Islamic account status regardless of religious affiliation, though you must declare your intention to trade interest-free.
Entry barriers remain low across JustMarkets account types. Both Standard and Standard Cent accounts require just $10 to activate. This makes forex trading available to any budget level. The Pro and Raw Spread accounts set their minimum at $200, reflecting their advanced nature and target audience of experienced traders seeking institutional conditions.
Cost transparency separates reputable brokers from those hiding expenses in fine print. JustMarkets publishes its fee structure openly and allows traders to calculate exact costs before executing positions.
Spread pricing varies across JustMarkets account types and directly affects your per-trade expenses. The Standard Account operates with spreads starting from 0.3 pips, though average execution on EUR/USD reaches 1.0 pip during normal market conditions. Spreads average 1.2 pips for GBP/USD, while USD/JPY executes at 1.4 pips.
The Pro Account tightens execution. Spreads begin at 0.1 pips, with EUR/USD averaging 0.7 pips during peak liquidity periods. GBP/USD trades at 0.9 pips on average, and USD/JPY settles around 0.8 pips. This represents a 30% cost reduction compared to Standard Account pricing.
Raw Spread accounts deliver institutional-grade execution where spreads float from 0.0 pips. EUR/USD averages just 0.1 pips, while GBP/USD and USD/JPY both execute near 0.2 pips and 0.1 pips. The broker guarantees best spreads on Raw Spread accounts, especially good for scalping strategies.
Spreads widen during low liquidity periods and high volatility events. Market rollover times and major economic releases trigger this widening. London and New York session overlap provides the tightest spreads across all account types.
JustMarkets charges commissions on Raw Spread accounts at $3.00 per lot per side. This translates to $6.00 round-turn cost per standard lot, excluding spread expenses. Commission drops to $0.03 per side for micro lots of 1,000 base currency units.
Standard, Pro, and Standard Cent accounts operate commission-free. All trading costs embed directly into spreads and simplify expense calculations for these account types. This makes Standard and Pro accounts suitable for traders preferring straightforward pricing without separate commission tracking.
Overnight financing charges apply to positions held past 22:00 GMT+3 daily. Swap rates reflect interest rate differentials between currency pairs, with central bank rates determining the base calculation. Swap rates stand at -13.32 points per standard lot nightly for EUR/USD long positions, while short positions incur -3.72 points.
JustMarkets triples swap charges on Wednesday rollovers to account for weekend funding costs. A position held Wednesday to Thursday experiences three times normal swap fees and covers Wednesday, Saturday, and Sunday. Swap-free accounts eliminate these charges for traders requiring Sharia-compliant conditions. All customer accounts receive automatic swap-free status upon request to support.
Dormant accounts trigger maintenance charges after extended periods without activity. Accounts that show no open positions or non-trading transactions for 150 consecutive days face a $5.00 fee every 30 days. This charge affects only accounts maintaining positive balances and continues until trading or deposit activity resumes.
JustMarkets maintains a zero-fee policy on all deposits and withdrawals. The broker processes transactions instantly from their end, within one minute. Third-party payment providers may impose their own charges. Card withdrawals cost 1-4% through payment processors, while bank wire transfers range from $20-$50 per transaction. Electronic payment services charge 0.5-4% and often include currency conversion fees.
Processing times vary by payment method. Bank cards clear within 1-3 business days, PayPal processes in 1-2 business days, and Skrill completes within one business day. All withdrawals require one-time password verification and Finance Department review before processing.
Platform technology determines execution quality, analysis capabilities, and overall trading experience. JustMarkets provides access through industry-standard MetaTrader platforms among other proprietary mobile solutions and copy trading infrastructure.
MetaTrader 4 remains the preferred choice for traders valuing stability and simplicity. The platform delivers an easy-to-use interface that traders of any experience level can work with, providing straightforward access to trading functions, charting tools, and technical analysis indicators. Over 30 built-in technical indicators support market analysis in multiple chart types and timeframes.
Automated trading capabilities distinguish MT4 from other platforms. Traders can develop, test, and deploy Expert Advisors to automate strategies based on predefined rules. This enables 24/7 trading without manual intervention. The platform uses 128-bit encryption to secure data exchange between client terminal and server. Execution speed reaches fractions of a second at JustMarkets, with spreads starting from 0.0 pips on certain account types.
Trading options span over 100 currency pairs that include majors, minors, and exotics. CFDs on metals, commodities, stocks, and indices are also available. The platform integrates with JustMarkets’ copy trading system and allows smooth strategy replication.
MetaTrader 5 expands analytical depth with 80 technical indicators, 21 timeframes, and various charting options for complex trading strategies. The platform supports algorithmic trading through the MQL5 programming language and Expert Advisor development. An integrated economic calendar provides live updates on market-moving events, while a news feed delivers timely financial analysis within the terminal.
Advanced order management has market, pending, stop, and trailing stop orders with multiple execution modes and market depth analysis. MT5’s 21 timeframes give traders precision when analyzing trends compared to MT4’s 9 timeframes. Multi-threaded backtesting capabilities surpass MT4’s performance and enable faster strategy optimization.
JustMarkets offers MT4 and MT5 mobile apps for Android and iOS. These provide full trading functionality on smartphones and tablets. The proprietary JustMarkets Trading App features access to over 1,000 indicators for analyzing historical data. Traders can manage order lifecycles, make deposits and withdrawals, monitor economic events, and contact 24/7 multilingual support through the app.
The copy trading system connects investors with experienced strategy providers through an automated replication infrastructure. Users select highly rated traders after funding an Investor Wallet. Their positions automatically mirror in user accounts live. The performance dashboard displays trader rankings, total returns, and follower statistics, while a risk meter shows volatility and potential drawdowns. An auto allocation system adjusts lot sizes based on account balance.
Reliable assistance becomes essential when technical issues or account questions arise during trading hours. JustMarkets provides 24/7 customer support across seven languages: English, Indonesian, Malaysian, Spanish, Portuguese, Vietnamese, and Arabic. Traders can reach the support team through live chat, email, phone, Telegram, and WhatsApp channels. Phone support operates through numbers +248 4632027 and +230 52970330.
Response times prove competitive across channels. Live-chat queue times averaged under one minute during testing, while email responses arrived within six hours. The multilingual support reflects JustMarkets’ strong presence in Asia and the Middle East and ensures traders receive assistance in their preferred language.
Customer feedback provides valuable insight into real-life broker performance. JustMarkets maintains a 4.4 rating on Trustpilot based on over 3,000 reviews. About 79% of consumers rate the broker with five stars and praise competitive spreads, competent support staff, and uninterrupted fund transactions. Positive reviews highlight professional responses to technical issues and efficient deposit crediting.
Negative reviews exist but remain limited, that indicates isolated incidents rather than systemic problems. Common complaints mention verification delays and occasional withdrawal processing concerns, though most users report smooth experiences.
JustMarkets supports 16 payment methods spanning bank cards, e-wallets, cryptocurrencies, wire transfers, and local payment systems. The broker processes transactions instantly from their end, within one minute. E-wallet withdrawals complete within instant to two hours, while cryptocurrency transactions process in instant to 30 minutes for deposits and instant to two hours for withdrawals.
Zero commissions apply to all deposits and withdrawals from JustMarkets’ side. The Finance Department reviews every withdrawal request to prevent unauthorized access and uses one-time password verification to boost security.
JustMarkets provides free educational materials through three sections: Forex Articles, Forex Glossary, and Educational Videos. The glossary covers terminology, while articles address topics from market hours to technical indicators and trading psychology. Video tutorials demonstrate trading signals, MetaTrader features, and platform installation procedures.
JustMarkets delivers solid value for traders seeking available entry points and regulatory oversight. The $10 minimum deposit opens forex trading to budget-conscious beginners, while the Raw Spread account provides institutional pricing for experienced traders. The multi-regulatory structure offers decent protection, though your safeguards depend on which entity manages your account.
The 4.4 Trustpilot rating reflects real satisfaction, especially when you have support responsiveness and withdrawal processing. In spite of that, spread costs on Standard accounts run higher than competitors. The Pro or Raw Spread accounts are better choices for active trading.
JustMarkets suits beginners testing strategies and intermediate traders wanting regulated, low-barrier access across multiple markets.
Here are the essential insights from our comprehensive JustMarkets review to help you make an informed trading decision:
• Multi-tier regulation provides solid protection: JustMarkets operates under CySEC (Tier-1), FSA, and FSCA licenses with segregated client funds and negative balance protection across all entities.
• Ultra-low entry barrier with $10 minimum deposit: Makes forex trading accessible to beginners, while Raw Spread accounts offer institutional pricing starting from 0.0 pips for experienced traders.
• Strong customer satisfaction with 4.4/5 Trustpilot rating: Over 3,000 reviews highlight responsive 24/7 multilingual support, efficient withdrawals, and competitive spreads across multiple account types.
• Zero fees on deposits/withdrawals with instant processing: JustMarkets processes transactions within one minute from their end, though third-party payment providers may charge 1-4% fees.
• Comprehensive trading ecosystem: Access 250+ instruments through MT4/MT5 platforms, copy trading system, and mobile apps with advanced analytical tools and automated trading capabilities.
JustMarkets proves particularly suitable for beginners seeking regulated, low-cost entry into forex markets and intermediate traders wanting diverse instrument access without high capital requirements.
Q1. What is the minimum deposit required to start trading with JustMarkets? JustMarkets offers one of the lowest entry barriers in the industry with a minimum deposit of just $10 for Standard and Standard Cent accounts. For traders seeking more advanced features, the Pro and Raw Spread accounts require a minimum deposit of $200. This flexible structure makes forex trading accessible to beginners while providing professional-grade options for experienced traders.
Q2. Is JustMarkets a regulated and safe broker? Yes, JustMarkets operates under multiple regulatory licenses including CySEC (license 401/21) from Cyprus, FSA from Seychelles, and FSCA from South Africa. The broker maintains client funds in segregated accounts separate from operational funds and provides negative balance protection to prevent traders from owing money beyond their initial investment. CySEC-regulated accounts also benefit from investor compensation up to €20,000.
Q3. What are the typical spreads and commissions at JustMarkets? Spreads vary by account type. Standard accounts start from 0.3 pips with no commission, Pro accounts offer spreads from 0.1 pips commission-free, and Raw Spread accounts provide spreads from 0.0 pips with a $3 commission per lot per side. For example, EUR/USD averages 1.0 pip on Standard accounts, 0.7 pips on Pro accounts, and just 0.1 pip on Raw Spread accounts.
Q4. Does JustMarkets charge any fees for deposits and withdrawals? JustMarkets maintains a zero-fee policy on all deposits and withdrawals from their end, processing transactions typically within one minute. However, third-party payment providers may impose their own charges, ranging from 1-4% for card transactions and $20-$50 for bank wire transfers. E-wallet services generally charge 0.5-4% including potential currency conversion fees.
Q5. What trading platforms does JustMarkets offer? JustMarkets provides access to both MetaTrader 4 and MetaTrader 5 platforms, offering over 30 and 80 technical indicators respectively. Both platforms support automated trading through Expert Advisors and are available on desktop, web, and mobile devices for Android and iOS. Additionally, the broker offers a proprietary mobile app with access to over 1,000 indicators and an integrated copy trading system for replicating experienced traders’ strategies.
