Starting your online trading career with JustMarkets requires a full awareness of the numerous account kinds available through this broker. The choice of a suitable account is critical, as it influences trading conditions, features, and the overall user experience.
Justmarkets broker assists consumers in profiting from the financial markets by supplying them with favorable circumstances.
As an international broker working with customers from many nations, we recognize that each individual is unique and has their own set of values, whether they are traders or partners. When our team creates the company’s services, we consider the diversity of cultures, nationalities, trade experiences, and customer needs. JustMarkets provides many trading account types with a large range of trading instruments, easy Justmarkets registration, Justmarkets welcome bonus and Justmarkets demo account, allowing everyone to pick the one that best suits their needs.
Main Features
- Compliance with the principles of fair competition. JustMarkets provides competitive trading conditions: the commission is $0 on three of the four account types, the leverage is up to 1:3000, and the spread is from 0 to 0.3.
- MetaTrader. This broker also provides the mt4 Justmarkets trading terminal and a newer version of the MetaTrader 5. All trading platforms have a number of tools, charts, and analytical functions to improve your Justmarkets trading.
- Copy trading. It was designed so that you can make trades in the market, even if you have no trading experience at all because it simulates the work of successful traders in the market. In turn, this add-on allows you to control who and how you copy, and there is also an investor protection mechanism that does not allow you to copy settings if the market turns against the selected trader.
- Social Forex trading. This tool is a service through which investors can choose who they want to copy. The purpose of this tool is mainly to help any potential trader spend less time researching before investing.
Understanding JustMarkets Account Types
- Standard Account. It is an excellent starting place for people looking to trade popular currencies and assets with a little investment.
- Pro Account. Designed primarily for experienced traders wanting the lowest spreads, no fees, and a wider range of trading instruments.
- Raw Spread Account. A great option for intraday traders and scalpers, with zero spreads and inexpensive set charges.
- Standard Cents Account. Expertly developed for micro-lot traders, allowing them to reduce their risks while reaping the rewards of trading.
JustMarkets Spreads, Commissions, and Fees
JustMarkets provides reasonable spreads and commissions. The broker does not charge any fees for placing or withdrawing funds and only the payment system offers its respective fees.
Spreads are differential and depend on the type of the account. The minimal spread on the Standard account is 0.3 pips, while on the Pro account, it is 0.1 pips. It is also important to note that there is a Raw Spread account type that is free of any spread for intra-day and scalping.
Trading Fees
JustMarkets offers trading fees starting at $1, spreads ranging from 0.01 to 0.3 pips, and commission-free trading based on account type.
Fees for swapping
JustMarkets has low swap costs. Swap-free accounts provide the option of paying a predetermined fee instead of a swap.
Non-Trading fees
Non-trading costs are low and levied mostly by payment systems for money deposits and withdrawals, rather than by brokers.
JustMarkets’ fees are competitive, allowing for transparent and lucrative trading across a variety of accounts.
JustMarkets Regulations
JustMarkets is an alliance of business entities governed by the Cyprus Securities and Exchange Commission (CySEC), the Financial Services Authority (FSA) in Seychelles, the Financial Sector Conduct Authority (FSCA) in South Africa, and the Financial Services Commission of Mauritius.
JustMarkets Safety and Security
JustMarkets is regulated by the Financial Sector Conduct Authority (FSCA) as Just Global Markets (Pty) Ltd, FSP 51114.
JustMarkets Pros and Cons
Pros:
- A good range of account kinds.
- 11 account basis currencies.
- There are several Justmarkets deposit and Justmarkets withdrawal possibilities.
- Competitive spreads.
- Reliable client service.
Cons:
- There are limitations on research and educational assistance.
- JustMarkets does not have Tier-1 regulation.
Quality of Justmarkets customer service
According to numerous Justmarkets review, the platform provides excellent customer service. We discovered that the support crew is attentive, competent, and helpful, promptly resolving inquiries and challenges.
Customer service is accessible in a variety of languages, facilitating effective communication. While having customer service available around the clock is desirable, the current support hours are acceptable.
JustMarkets provides a well-rounded trading experience, standing out for its competitive spreads and wide selection of currency alternatives for accounts, deposits, and withdrawals.
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Source: Vietnam Insider