JustForex (JustMarkets) is one of good and legit brokers that you can rely on to trade Forex , CFD and also Cryptocurrency.
JustForex now called JustMarkets is a broker that has the highest leverage ever of 1:3000 and fast withdrawals.
The broker allows every strategy ( expert advisors, news trading, hedging, scalping )
Here is a brief review of Justforex /JustMarkets
Minimum Deposit | $1 |
EUR/USD Average Spread | 0.9 Pips |
Account Types | ECN , STP |
Deposit & Withdrawal Fee | No |
Assets | Forex, Crypto, Metals, Indices, Energies, Shares, Futures |
Leverage | 1:3000 |
Regulator | FSA |
Demo | Available |
Trading Platform | MetaTrader 4 and MetaTrader 5 |
Copy Trading | Available |
Justforex gives up to 120% deposit bonus
Is JustForex Scam ?
JustForex is not a scam, it is considered as a safe and reliable broker since it is regulated by FSA. They pay Withdrawals fast and they don’t have a deposit fee.
And the other thing JustForex is best suitable for beginners since you can start trading with as low as $1
It is always recommended to use regulated brokers over unregulated ones, because your funds are protected from fraud and shady trading.
Justforex Minimum Deposit
The minimum deposit amount required to open a broker account with Justforex is $1 for Standard STP account and $100 for Raw Spread (ECN) , Pro Account.
I really like the low deposit required by the broker as it gives every trader a chance to register with Justforex without worrying about a high required deposit.
I’m sure it has happened to everyone where you find a broker and everything about this broker is just good, but when you want to open an account you find out that they require an extremely high deposit
Deposit Bonus
When you make a deposit on JustForex you get up to 120% bonus of the amount you deposit.
For example.
Let’s say you deposit $100 and if we multiply that by 120% and add your initial deposit then your account equity will be $220
Not many forex brokers give it’s users high deposit bonuses
A deposit bonus can help you if have less money but you want to trade with a high volume as it will increase your leverage.
By the way, JustForex will give you a deposit with any amount you fund up to $40 000
To claim the bonus, you first need to create a JustForex account, and when you deposit you will be given an option to accept it or decline it.
Justforex Deposit Method
These are the method you could use to deposit on JustForex.
- Worldwide Card, Banks (Visa & Mastercard
- Worldwide wallets such as Skrill, Neteller, Stickpay, and perfect money.
- You can also make a deposit with cryptocurrencies like Bitcoin & Ethereum
- Local Banks & e-Wallet.
By the way, JustForex doesn’t charge any deposit or withdrawal fees.
Justforex Account types
JustForex offers 3 types of accounts, which are Standard (STP) Account, Pro, and ECN.
In addition, JustForex also provides users with an option to open swap-free Islamic accounts.
In addition, you can also create a demo account and a Standard Cent for those who are just beginners.
Don’t worry if you don’t know which trading account is suitable for you, I will explain the differences and features of these trading accounts.
Which Account to choose?
Standard Cent Account
In this account, the balance is measured in cents as it is designed for beginners.
This is for those who want to feel trading emotions.If you are not ready to deposit a lot of money and you want to trade real money not demo , then you should consider the Standard Cent
Standard Account
Many traders choose this type of account.
This account is perfect, for everyone, beginner or professional. This type of account is very popular amongst traders around the world and the minimum deposit the Standard account on JustForex is $1
Any strategy is allowed on the Standard account, and the is no trading commission charged.
The spread is very tight from 0.3 pips.
This is the best account you you can trade with.
But what I like about JustForex, is that they give you an option to open any type of account you want, so you can test all of them.
Pro Account
The Pro account is just an advanced version of the Standard account.
The spreads starts from 0.1 while as on the Standard account is from 0.3
Any style of trade is allowed on this account with more than 50 currency pairs. The minimum deposit for the pro account is $100
Raw Spread
This is an ECN account.
The spreads on this type of account are very very low compared to other trading accounts. The spread is floating from 0 pips and the commission charged per lot is 3 units of the base currency on each side.
This type of account is considered good for scalpers and fundamental traders as the spread will play a key role
The minimum deposit for the Raw Spread account is $100
Islamic Account
Sharia law prohibits trading with swaps hence JustForex allows Muslims to create swap-free trading accounts
With this type of account traders can keep open positions as long as they want and they won’t be charged swap fee.
If you’re still not sure which account is good for you then click here to get a detailed explanation from JustForex
Summary of Account types
This table shows the difference of JustForex Account Types :
Features | Standard | Pro | Raw Spread |
|---|---|---|---|
Minimum Deposit | $1 | $100 | $100 |
Leverage | 1:3000 | 1:3000 | 1:3000 |
Commission | No | No | $6 per lot |
Swap-Free | Available | Available | Available |
Spread | From 0.3 pips | From 0.1 Pips | From 0 pips |
Account Currency
Account Currency is the currency that you prefer your trading account to use.
For example, if you prefer trading using US Dollar then your account balance, equity, and a credit will be converted to US Dollar
Here are JustForex Base Account Currencies:
USD, ZAR , GBP, EUR JPY,MYR ,IDR ,THB VND ,KWD ,CNY
Countries Not Allowed ON JustForex
Due to regulatory conditions residents from the following regions are not accepted to register on JustForex
- United States Of America
- EU
- EEA
- Japan
- United Kingdom
- Spain
- Belgium
Pros & Cons of JustForex
Pros | Cons |
|---|---|
Very low spreads | Us Clients are not accepted |
High leverage of 1:3000 | Limited Education |
Deposit Bonuses Available | |
Low Minimum Deposit | |
Good Support Team |
Copy Trading
Users on JustForex can choose to open a Copy Trading account.
This type of account will allow you to copy trades of profitable traders on JustForex. When they make money you also make money.
And also if you feel like you are profitable enough to let other traders copy your trades, you can open a master account.
when other traders copy your trades, you will get a commission out of the money they made copying your trades
JustForex Trading Platforms
JustForex Leverage
JustForex’s maximum leverage offered on the platform is 1:3000. However when your account equity increases the leverage decreases
JustForex Withdrawal Review
If you are wondering about how long do JustForex withdrawals take, JustForex processes the withdrawals within 1-2 hours.
After the withdrawal has been processed by JustForex it may take a bit longer to receive your withdrawal depending on the withdrawal method you chose.
If you chose Worldwide wallets like Skrill, Neteller as your withdrawal method then you get your withdrawals instantly after they have been processed.
With the experience of trading with JustForex, I receive my withdrawals within 12 hours when I use my bank card (MasterCard, Visa) as a withdrawal method.
Click Here to get a further explanation on JustForex Withdrawals (Methods, Fees )
Is JustForex a good broker?
JustForex (now called JustMarkets) has been a well-trusted broker since 2012. What makes JustForex a good and reliable trading broker is that first they are regulated by the Financial Services Authority (FSA).
Secondly, they offer 7 variety types of accounts that have low spreads compared to most forex brokers.
Conclusion
Overall, JustForex trading conditions are very good as every strategy is allowed, from Ea’s to scalping.
JustForex is one of the few trading brokers that have the highest leverage and the good thing is that the minimum deposit to open an account is 1USD.
Crypto is becoming popular if not and you can trade crypto with JustForex.
FAQ About JustForex
JustForex minimum deposit is $1
JustForex is a Good and Regulated broker as they are regulated by FSA.
Yes, you can trade Nasdaq (Nas100) and other indices like DowJones(US30) , Germany40 (DE40) e.t.c