Here’s a detailed review of JustMarkets, formerly known as JustForex, based on the latest available information as of 2024:
⭐ JustMarkets Review (2024)
JustMarkets is a global forex and CFD broker that caters to both beginner and experienced traders. It offers a wide range of instruments, attractive trading conditions, and various account types. Let’s break down the platform in detail:
🔹 Company Overview
- Founded: 2012
- Rebranded: JustForex rebranded to JustMarkets in 2022
- Regulation:
- FSA (Seychelles) – JustMarkets Ltd
- CySEC (Europe) – JustMarkets Europe Ltd (only for EU clients)
- Headquarters: Seychelles (offshore entity), Cyprus (for EU clients)
- Website: justmarkets.com
🔹 Pros and Cons
✅ Pros:
- Low minimum deposit (from $1 on Standard Cent account)
- Leverage up to 1:3000 (non-EU clients)
- Tight spreads on ECN and Raw Spread accounts
- MT4 and MT5 platforms supported
- Wide range of deposit/withdrawal options
- Copy trading and partnership programs
- 24/7 multilingual customer support
❌ Cons:
- Limited regulation (mainly offshore)
- No proprietary trading platform
- Restrictions for EU clients (leverage capped at 1:30)
- Not available in some countries (e.g., USA, UK)
🔹 Account Types
| Account Type | Min Deposit | Spreads | Commission | Leverage | Platform |
|---|---|---|---|---|---|
| Standard Cent | $1 | From 0.3 pips | None | Up to 1:1000 | MT4 |
| Standard | $1 | From 0.3 pips | None | Up to 1:3000 | MT4/MT5 |
| Pro | $100 | From 0.1 pips | None | Up to 1:3000 | MT4/MT5 |
| Raw Spread | $100 | From 0.0 pips | $3/lot per side | Up to 1:3000 | MT4/MT5 |
🔹 Trading Instruments
- Forex – 60+ currency pairs
- Indices – Major global indices
- Metals – Gold, silver
- Cryptocurrencies – BTC, ETH, LTC, etc.
- Energies – Oil (Brent, WTI)
- Stocks – US shares via CFDs
🔹 Platforms
- MetaTrader 4 – Classic and widely-used
- MetaTrader 5 – More advanced, with expanded tools
- Available on desktop, web, iOS, Android
🔹 Spreads & Fees
- Raw Spread Account: from 0.0 pips + $6 round-trip per lot
- Pro Account: from 0.1 pips, no commissions
- No hidden fees; overnight swap charges apply (swap-free accounts available)
🔹 Deposit & Withdrawal
- Methods: Bank wire, credit/debit cards, Skrill, Neteller, crypto, local payment systems
- Deposit Fees: None
- Withdrawal Fees: Depends on method (some are free)
🔹 Education & Research
- Basic educational articles, glossary, and trading tips
- No in-depth market research or advanced analysis
- Best for beginner traders using third-party tools
🔹 Customer Support
- Available 24/7 via live chat, email, and tickets
- Multilingual support (English, Indonesian, Malay, etc.)
- Fast response times
🔹 Safety & Regulation
- FSA Seychelles provides limited investor protection
- CySEC (EU clients) has higher standards, with fund segregation and compensation schemes
- No negative balance protection for offshore clients (but available for EU clients)
🔹 JustMarkets Copy Trading
- Available through a dedicated platform
- Allows followers to copy pro traders automatically
- Commission-based for strategy providers
🔚 Final Verdict
JustMarkets is a solid broker for non-EU clients who want high leverage, tight spreads, and multiple account types. It’s particularly suitable for scalpers, swing traders, and those looking for copy trading opportunities. However, the offshore regulation may be a concern for risk-averse traders or those needing strong investor protection.
🏆 Rating: 4.1 / 5
| Category | Score |
|---|---|
| Trading Conditions | 4.5 ⭐ |
| Regulation & Safety | 3.5 ⭐ |
| Platforms & Tools | 4.0 ⭐ |
| Account Types | 4.3 ⭐ |
| Customer Support | 4.2 ⭐ |
| Deposit/Withdrawal | 4.5 ⭐ |
| Overall | 4.1 ⭐ |
Would you like a comparison between JustMarkets and other brokers (like Exness, IC Markets, or FXTM)?
