Rebranded from JustForex, JustMarkets has been providing quality online trading services since 2012. The broker serves over two million clients across 160 countries, offering access to more than 250 financial markets, including forex, commodities, stocks, and indices. It caters to its global customer base with licenses from five different financial regulators. European clients can open accounts through the CySEC-licensed entity, while South African traders are served by the FSCA-regulated branch. Internationally, the broker operates under licenses issued by the regulatory authorities of the British Virgin Islands, Seychelles, and Mauritius.
JustMarkets generally receives positive feedback from customers, achieving an aggregate Trustpilot rating of 3.7 out of 5 stars, based on 3,837 reviews in total. Approximately 79% of all consumers on the platform rate the broker with 5 stars, praising its competitive spreads, competent support staff, and seamless deposit and withdrawal process. The most common reasons for complaints have to do with the unavailability of third-party platforms like TradingView and the limited range of market research tools.
| Overall Summary of JustMarkets | |
|---|---|
| Year Founded | 2012 |
| Minimum Deposit | €100 for retail accounts in the EU; $10 for Standard and $200 for Raw and Pro Accounts at the offshore branches |
| Tradable Instruments | Forex, Indices, Commodities, Stocks |
| Open an Account | How to Open an Account at JustMarkets |
| Trading Costs | Spreads, Fees, and Commissions at JustMarkets |
After thorough research, we established that JustMarkets excels in platform reliability, low trading costs, and seamless account funding. However, its research and educational resources fall short compared to competitors like IG and Saxo. The product selection is also limited with 250 or so markets on offer, which is well below the industry average. Read on for a detailed breakdown of JustMarkets’ strengths and weaknesses to help you decide if this broker is the right choice for your trading needs.
Key Pros and Cons
If you are looking for a quick snapshot of JustMarkets, here are a few key pros and cons of trading with this broker.
Key Pros
- High levels of investor protection at the CySEC entity
- Spreads from 0.0 pips with Raw Spread accounts
- Leverage as high as 1:3000 at the offshore branch
- Supports MT4 and MT5 for desktop and mobile devices
- Accepts deposits with Bitcoin, Ethereum, Tron, and more
- 24/7 customer support in 7 languages
- Copy trading via commission-free Standard and Pro accounts
- Negative balance protection available across all entities
Key Cons
- Three out of five licenses issued by offshore regulators
- A limited range of around 250 markets
- Lacks research and educational content for intermediate and advanced traders
- Offers investor compensation to European clients only
- Higher barrier to entry for Raw Spread accounts
- Supports only MT4 and MT5 (only MT5 in Europe)
- Stop-out levels of 20% at the offshore entity
Company Information
Early Days and Expansion
The brokerage was originally launched in 2012 under the name JustForex and was based in Belize. Over the next decade, the company significantly expanded its product range, adding commodities, indices, shares, and cryptocurrencies to its CFD selection. In 2022, it underwent a major overhaul, rebranding to JustMarkets in September of that year. The rebrand coincided with the launch of the CySEC-licensed entity, allowing the broker to distribute its services across the EU and EEA under the passporting rules set out in the Markets in Financial Instruments Directive (MiFID II).
Customer Base and Management
The broker is not publicly listed and remains privately owned for now. While the company does not publish detailed financial statements, its website states it has over two million registered customers at publication. The broker does not disclose information about key management figures, but we established that Vitalii Bulynin served as Executive Director between October 2021 and September 2024. Mr Bulynin went on to launch the brokerage Versus Trade after stepping down from his position at JustMarkets.
As of 2025, there are no publicly reported regulatory penalties, fines, or major violations directly attributed to JustMarkets by its main regulators. The broker is described as compliant with regulatory standards and maintains segregated client accounts, which are positive indicators of regulatory adherence. Some individual traders have posted complaints about account closures and disputes on review sites, but these do not appear to be linked to formal regulatory actions or fines by official authorities.
JustMarkets operates five separate entities, and each is registered and regulated in a different jurisdiction.
- JustMarkets Limited, licensed by the Cyprus Securities and Exchange Commission (CySEC) under license number 401/21, with registered offices at Grigori Afxentiou, 13&15, Ide Ioannou Court, Office 102, Mesa Geitonia, 4003, Limassol, Cyprus.
- Just Global Markets (PTY) Limited, regulated by the Financial Sector Conduct Authority (FSCA) under license number 5114, with offices located at 12 Heather Avenue, Kenever, Bellville, Cape Town, South Africa.
- Just Global Markets Limited, a company overseen by the Financial Services Authority of Seychelles (FSA) under license number SD088 and located at Floor 2 in Vairam Building, Providence Industrial Estate, Providence, Mahe, Seychelles.
- Just Global Markets (MU) Limited, authorized as an investment dealer by the Financial Services Commission of Mauritius (FSC) under license number GB22200881. The office branch is located in the Catalyst Building on Silicon Avenue in Ebène, the Republic of Mauritius.
- Just Global Markets (VG) Limited holds an investment business license number SIBA/L/24/1177, issued by the Financial Services Commission of the British Virgin Islands (BVI FSC). The company has registered offices at Trinity Chambers, Road Town, Tortola, the British Virgin Islands.
Why Trade with JustMarkets?
Choosing a broker always involves trade-offs between cost, safety, product range, and usability. JustMarkets stands out with its competitive trading conditions and user-friendly onboarding process, while its regulatory background, market research tools, and educational content are more on the average side. Below, we summarize the key aspects that may influence traders’ decision to select this platform.
| Aspect | What We Like |
|---|---|
| Regulation | The CySEC license ensures full MiFID II compliance, with investor compensation and negative balance protection for EU retail customers. |
| Trading Conditions | Raw Spread accounts with spreads from 0.0 pips, a $6 round-turn commission, and maximum leverage of 1:3000 at the Seychelles entity |
| Product Range | More than 250 CFD markets across all major asset classes, including over 60 currency pairs |
| Platforms and Tools | The MetaTrader suite supports algorithmic and mobile trading for greater flexibility. |
| Account Setup | Online onboarding with same-day verification in most cases |
| Deposits and Withdrawals | Over a dozen supported payment methods, with instant deposits via cards and e-wallets and no processing fees |
| Copy Trading | Two types of copy trading accounts at the global entity, with zero commissions and MT4 compatibility |
| Customer Support | 24/7 chat support provided in 7 different languages |
JustMarkets has no restrictions on trading strategies, allowing scalping, news trading, and hedging, among other approaches. This flexibility enables traders to better adapt to market conditions and implement various strategies without compromising on adequate risk management or missing out on lucrative opportunities.
Regulation
JustMarkets operates with three offshore and two regional licenses. EEA and EU clients contract with JustMarkets Limited, an investment firm authorized by the Cyprus Securities and Exchange Commission (CySEC) under license number 401/21, issued in June 2021. As a MiFID-compliant regulator, CySEC imposes stringent requirements on capital adequacy, financial reporting, and consumer protection. Retail clients registered at the CySEC entity benefit from maximum leverage of 1:30, client funds segregation, negative balance protection, and investor compensation of up to €20,000 per claim.
Clients onboarding from South Africa are serviced by Just Global Markets (PTY) Limited. This branch is regulated by the Financial Sector Conduct Authority (FSCA) under a license number 51114, issued in November 2021. The participation in an investor compensation scheme is not mandatory in this jurisdiction but customers are still protected against negative balances and have their funds segregated from the broker’s operational capital.
Traders from other jurisdictions can join one of the three offshore divisions outlined below.
- One option is to register at the entity regulated by the Financial Services Authority of Seychelles (FSA) under license number SD088. This branch is operated by Just Global Markets Limited and offers maximum leverage of 1:3000 coupled with negative balance protection and client funds segregation.
- Another offshore license was issued to Just Global Markets (MU) Limited by the Mauritius Financial Services Commissions (FSC) in 2023. This permit enables the broker to provide a wide range of investment services, including principal trading, portfolio management, and investment advice, but disallows underwriting or distributing securities on behalf of issuers.
- Finally, there is the Just Global Markets (VG) Limited branch, regulated as an investment business by the Financial Services Commission of the British Virgin Islands (BVI FSC) under license number SIBA/L/24/1177. All three offshore entities offer negative balance protection on their own accord but generally have fewer investor protections than the CySEC and FSCA branches.
| Region | Entity | Authority | License | |
|---|---|---|---|---|
| EU and EEA | JustMarkets Limited | Cyprus Securities and Exchange Commission (CySEC) | License number: 401/21 | |
| South Africa | Just Global Markets (PTY) Limited | Financial Sector Conduct Authority (FSCA) | License number: 51114 | |
| Seychelles | Just Global Markets Limited | Financial Services Authority of Seychelles (FSA) | License number: SD088 | |
| Mauritius | Just Global Markets (MU) Limited | Mauritius Financial Services Commissions (FSC) | License number: GB22200881 | |
| British Virgin Islands | Just Global Markets (VG) Limited | Financial Services Commission (BVI FSC) | License number: SIBA/L/24/1177 | |
While JustMarkets extends its global reach to traders from more than 160 countries, regulatory restrictions nevertheless prevent it from serving clients from specific jurisdictions. At the time of writing, the broker does not onboard clients from Canada, the UK, the US, Australia, Japan, India, and internationally sanctioned countries. When accessing the global site, European clients are prompted to navigate to www.justmarkets.eu.
While holding a CySEC license is certainly a positive, the absence of tier-1 regulation means that safety-conscious traders might still feel the risk is higher compared to brokers supervised by agencies like the FCA or ASIC. International clients, in particular, should carefully weigh the benefits of using higher leverage against the weaker protections associated with offshore jurisdictions.
KYC Procedure for Account Creation and Depositing
JustMarkets has a fully digital on-boarding workflow that can be completed from any desktop or mobile browser. Registration starts with a short form requesting an email address, password, and country of residence. The system then determines whether the applicant falls under the CySEC or offshore entity and displays the relevant legal documentation accordingly. An email verification link grants access to the secure Client Hub, from which users can open real or demo accounts, upload identity documents, and download platform installers.
The Know-Your-Customer (KYC) phase requires two documents: a government-issued photo ID (passport, national ID, or driving licence) and proof of address dated within the last three months, such as a utility bill or bank statement. Files can be uploaded in the JPG, PNG, or PDF formats and are usually processed within a few business hours. EU clients sometimes receive automated approval within minutes thanks to the third-party ID-verification services. Documents issued in non-Latin languages may require notarized translations, which can delay activation.
Before opening a live account, applicants must go through an appropriateness test so that the broker can evaluate their previous trading experience, product knowledge, and risk awareness. The questions are related to leverage, margin calls, and the implications of using contracts for difference for speculative purposes. European applicants who fail the test are still allowed to open an account but may face leverage restrictions or receive additional risk warnings.
Account Types
JustMarkets offers multiple account types but availability depends on where you register from. Retail customers from Europe can choose from Pro and Raw Spread accounts, with the option to upgrade to professional status. European traders can choose from four base currencies, namely EUR, GBP, USD, and PLN. Clients of the Seychelles branch can pick from Standard, Standard Cent, Pro, and Raw Spread accounts, and each supports 13 base currencies. These include USD, EUR, GBP, JPY, MYR, IDR, THB, VND, KWD, CNY, ZAR, AED, and NGN. The minimum deposit requirements are account-specific. Standard and Pro accounts at the international entity can also facilitate copy traders.
Standard Account
Standard accounts at the Seychelles entity enable commission-free trading with forex, indices, commodities, and stocks. Spreads start from 0.3 pips, with position size ranging from 0.01 to 100 lots. The maximum number of open positions is capped at 1000. Leverage reaches 1:3000, with a 20% stop-out level and a 40% margin-call level. Traders can connect their Standard accounts to MT4 or MT5 and must deposit at least $10 to get started.
Pro Accounts
Pro accounts are available at both the European and global entities but with some differences. Offshore customers must deposit at least $200 to get started, while those from Europe must comply with minimum deposit requirements of $/€100. There are no commissions and spreads start from 0.1 pips. The stop-out level is set at 20% for offshore and 50% for European customers.
Standard Cent Account
Standard Cent accounts are pretty similar, the chief difference being they are compatible with MT4 only and enable trading in 0.01 cent lots. Maximum position size is capped at 1000 cent lots, with maximum leverage of 1:3000. Cent traders can have no more than 100 open positions at a time. This account type is intended for forex and commodity trading only.
Raw Spread Accounts
As the name indicates, Raw Spread accounts provide access to spreads as low as zero pips but there is a $3 commission per standard lot each way. EU account holders can open as many positions as they please with this account type. The minimum deposit required to open a Raw Spread account is $/€100 for European and $200 for offshore customers. Leverage is capped at 1:30 or 1:3000, depending on which entity you join.
Professional Accounts
EU customers can upgrade their Pro or Raw Spread accounts to professional status provided they satisfy the regulatory criteria for minimum portfolio size, trading volume, and experience. Professional traders have access to higher leverage ratios, ranging from 1:100 to 1:300 based on account equity. The more funds you have available in your balance, the lower the leverage ratio. This increase in leverage comes at the expense of fewer protections. Professionals do not qualify for negative balance protection and are typically excluded from investor compensation.
Swap-Free Islamic Accounts
Standard, Standard Cent, Pro, and Raw Spread accounts are all available in a swap-free format at both the Seychelles and Cyprus-regulated entities. Eligible account holders do not pay or receive interest on overnight leveraged positions in line with the principles of Islamic finance. The features, product range, spreads, and execution policies coincide with those of regular accounts.
Copy Trading Accounts
The offshore entity facilitates copy trading via Standard and Pro Accounts, allowing users to replicate the trading decisions of well-versed signal providers. Both account options allow commission-free trading and are compatible with MetaTrader 4. Signal provider commissions are charged every Saturday and apply to closed orders.
| Feature | Standard | Standard Cent | Pro | Raw Spread | Copy Trading |
|---|---|---|---|---|---|
| Minimum Deposit | $10 | $10 | $200 ($100 in EU) | $200 ($100 in EU) | $10 Standard, $200 Pro |
| Platform | MT4, MT5 | MT4 | MT4, MT5 | MT4, MT5 | MT4 |
| Minimum Spread | 0.3 pips | 0.3 pips | 0.1 pips | 0.0 pips | 0.3 pips (Pro), 0.1 pips (Raw) |
| Execution Method | Market | Market | Market | Market | Market |
| Maximum Leverage | 1:3000 | 1:3000 | 1:3000 (global), 1:30 (EU) | 1:3000 (global), 1:30 (EU) | 1:3000 |
| Maximum Lot Size | 100 lots | 1000 lots | 100 lots | 100 lots | 100 lots |
| Maximum Open Positions | 1000 | 100 | 1000 | 1000 | 1000 |
| Instruments | FX, Indices, Stocks, Commodities | FX, Commodities | FX, Indices, Stocks, Commodities | FX, Indices, Stocks, Commodities | FX, Indices, Stocks, Commodities |
| Commissions | |||||
| Swap-Free |
Demo Account
Onboarding customers can start practising with the demo versions of all aforementioned account types. The broker warns that the simulated liquidity in demo accounts is slightly different from the liquidity of live accounts. The demo account enables customers to trade over 100 financial markets risk-free, including forex pairs, indices, commodities, and stocks. There is no expiration timeframe but long periods without any demo activity might lead to deactivation.
Trading Fees and Other Costs
Onboarding customers should always consider a broker’s trading fees and other costs before opening a live account and depositing. JustMarkets charges two main types of fees, as described below.
- Trading Costs: spreads, commissions, and overnight financing fees
- Non-Trading Costs: account management fees, deposit and withdrawal fees, currency conversion fees, inactivity fees
Let’s dig deeper into the trading and non-trading expenses that result from doing business with JustMarkets.
| Costs/Fees | What Is This? | With JustMarkets |
|---|---|---|
| Spreads | The cost is included into the price of your trades. A wider bid-ask spread translates into greater expenses. | Spread start from 0.3 pips with Standard and 0.1 pips with Pro accounts |
| Commission | A flat fee charged upon entering and exiting trades as an alternative to the wider spreads. | $3 per side, per standard lot with Raw Spread accounts |
| Financing Charges | The cost of maintaining leveraged positions open overnight. | JustMarkets charges standard swap rates for leveraged overnight positions. Accounts are either credited or charged depending on the market and the direction of the trade. |
| Deposit Fees | Fees charged by the broker when you deposit to your balance | None at JustMarkets (see more in Deposit Methods below) |
| Withdrawal Fees | Fees charged when withdrawing from your live balance | None at JustMarkets (see more in Withdrawal Methods below) |
| Inactivity Fees | Fees charged on inactive trading accounts | $5 per month after 150 calendar days of inactivity |
Spreads
Cost efficiency is among the main selling points of JustMarkets. Spread-only accounts like Standard and Pro have all trading costs embedded directly into the spreads, which start from 0.3 and 0.1 pips, respectively. During times of peak liquidity, for example when the London and New York sessions overlap, EUR/USD spreads average 1.0 pip with Standard and 0.7 pips with Pro accounts. Commission-based Raw Spread accounts offer considerably lower average spreads of around 0.1 pips for this pair. Consult the table below for further information on the average spreads at JustMarkets.
| Instrument | Standard Account | Pro Account | Raw Account |
|---|---|---|---|
| EUR/USD | 1.0 pip | 0.7 pips | 0.1 pips |
| GBP/USD | 1.2 pips | 0.9 pips | 0.2 pips |
| USD/JPY | 1.4 pips | 0.8 pips | 0.1 pips |
| USD/CHF | 1.5 pips | 1.1 pips | 0.3 pips |
| AUD/USD | 1.1 pips | 0.8 pips | 0.1 pips |
| USD/CAD | 1.6 pips | 1.1 pips | 0.1 pips |
| NZD/USD | 2.1 pips | 1.3 pips | 0.4 pips |
To better illustrate the differences, let’s compare the average spread costs across the three main account types for one standard forex lot, where a price movement of a single pip equals $10. For simplicity, we shall assume you have entered and existed the trade at the same prices.
Standard Account
- Average Spread: 1.0 pip
- Total Cost: 1.0 x $10 = $10.00 per side and $20 round-turn
Pro Account
- Average Spread: 0.7 pips
- Total Cost: 0.7 x $10 = $7.00 per side and $14 round-turn
Raw Spread Account
- Average Spread: 0.1 pips
- Commission: $3 per side, $6 round-turn
- Total Cost: (0.1 x $10) + $3 = $4 per side ($8 round-turn)
Although commission-based accounts seem more expensive at first glance, it turns out they offer the best value, largely as a result of their significantly reduced spreads. Nevertheless, the expenses associated with Standard accounts mostly align with the industry average, as demonstrated in the comparison table below. We have included only brokers that offer standard accounts with a spread-only pricing model, similar to JustMarkets.
| Instrument | JustMarkets | Fusion Markets | Pepperstone | Global Prime |
|---|---|---|---|---|
| EUR/USD | 1.00 pip | 0.97 pips | 1.10 pips | 1.04 pips |
| GBP/USD | 1.20 pips | 1.06 pips | 1.30 pips | 1.30 pips |
| USD/JPY | 1.40 pips | 1.11 pips | 1.30 pips | 1.32 pips |
| USD/CHF | 1.50 pips | 1.22 pips | 1.40 pips | 1.27 pips |
| AUD/USD | 1.10 pips | 0.97 pips | 1.10 pips | 1.10 pips |
| USD/CAD | 1.60 pips | 1.05 pips | 1.40 pips | 1.25 pips |
| NZD/USD | 2.10 pips | 1.08 pips | 1.30 pips | 1.27 pips |
Commissions
As we mentioned, JustMarkets charges commissions only on Raw Spread accounts, where a standard lot in forex costs $3 per side and $6 round-turn, not counting the spread expenses. This commission is reasonable and generally corresponds to what many rival brokers charge. Below is a breakdown of the commissions charged by JustMarkets based on lot size.
- One standard lot consisting of 100,000 base currency units incurs a $6 round-turn commission.
- One mini lot consisting of 10,000 base currency units is charged a $0.60 round-turn commission.
- One micro lot containing 1,000 base currency units attract a $0.06 round-turn commission.
Financing Charges
Swaps, also known as overnight funding fees, are charged based on the underlying interbank tom-next rate plus a markup that averages 1.5 to 2 percentage points. Holding a short position in EUR/USD overnight currently incurs swap fees of -3.72, which corresponds to annualized expenses of around -3.1%. Forex positions are subject to triple swap charges on Wednesdays to compensate for weekend funding expenses.
Deposit Fees
JustMarkets does not charge any deposit fees, regardless of the payment method customers use. However, third-party payment providers like banks, card issuers, or e-wallets may apply their own transaction costs, which are outside the control of JustMarkets. The minimum deposit amount varies depending on the method used. For additional details, see the section of our review dedicated to Deposit Methods.
Withdrawal Fees
Unlike certain rival brokers, JustMarkets does not impose internal withdrawal fees for any supported payment method, be it an e-wallet, card, cryptocurrency, or bank transfer. Third-party card issuers and payment service providers may charge extra and these additional expenses are not covered by JustMarkets. Minimum withdrawals generally start from $1 but the threshold may be higher with certain methods. For additional details, see the section of our review dedicated to Withdrawal Methods.
Inactivity Fees
One of the few disadvantages in terms of non-trading expenses is that JustMarkets penalizes customers for inactivity. Traders who fail to access their accounts and record any trading activity within a period of 150 calendar days incur a monthly inactivity fee of $5. Note that this amount is deducted only from funded live accounts. If you have no money in your live balance, the broker may close your account. By contrast, most brokers with inactivity fees charge $10 or more per month.
Overall on Fees
On balance, JustMarkets offers competitive trading fees, with spreads starting from 0.3 pips for Standard accounts and 0.0 pips for Raw Spread accounts, plus commissions of $3 per side. JustMarkets has very few non-trading fees as it does not charge additionally for account funding and withdrawals. An inactivity fee of $5 per month applies after 150 days of no trading activity on funded accounts, but the amount is lower than what most competitors charge.
Desktop Trading Platforms
JustMarkets is largely a MetaTrader broker, offering full support for MT4 and MT5 to customers registered under the international entity. Clients onboarding through the CySEC-licensed version of the website can only use MT5. The installation files are available directly in the client hub. Both platforms connect to Equinix servers in New York and London for low-latency access to liquidity providers. The broker offers a user-friendly proprietary web platform to accommodate novice traders.
MetaTrader 4
JustMarkets provides a seamless trading experience via MetaTrader 4, available for both desktop computers and web browsers. The desktop application is highly secure, utilizing advanced data encryption to protect user transactions. It features 9 distinct timeframes, interactive charts, and diverse technical analysis tools essential for monitoring complex market trends. Traders can execute various order types and employ Expert Advisors for automated strategies across assets like forex and metals.
Traders requiring a greater flexibility can opt for the WebTrader version of the platform that works in any modern desktop browser. The platform provides access to real-time quotes, one-click trading, and a complete trading history, all perfectly synchronized with your account. There are no strategy restrictions, as MT4 users can scalp, hedge, and engage in algorithmic trading.
- 6 order types, including stop loss and take profit
- 9 timeframes
- 30 technical indicators
- Economic calendar not included
- Available for free download and browser use
MetaTrader 5
The broker provides an advanced trading experience via MT5, also optimized for desktop and browser access. The platform serves as a powerful multi-asset hub, allowing traders to execute deals on 60 currency pairs, commodities, stocks, and indices. With 21 distinct timeframes and 38 built-in technical indicators, this advanced version of the platform offers superior analytical depth compared to its predecessor.
It features an integrated economic calendar and Depth of Market (DoM) pricing, with support for the MQL5 programming language to facilitate algorithmic trading. For those on the move, the download-free WebTrader ensures full account synchronization, providing one-click trading and real-time execution directly from any browser.
- 8 order types, including buy stop limit and sell stop limit
- 21 timeframes
- 38 built-in technical indicators
- A built-in economic calendar
- Level II pricing for greater market depth
Mobile Trading Platforms
JustMarkets offers a sophisticated proprietary mobile app designed to deliver an effortless trading experience across iOS and Android devices. The application enables users to manage their entire personal area, including opening new accounts, making instant deposits, and requesting withdrawals. The interface is highly intuitive, providing real-time quotes and advanced charting tools that enable users to monitor the global markets more effectively.
Traders can access over 260 financial markets, while enjoying lightning-fast order execution. Beyond simple trading, the app features helpful research tools, including more than 1,000 indicators. It also comes with a dedicated support section for 24/7 assistance. By centralizing account management and technical analysis, the JustMarkets app ensures that customers can maintain full control over their portfolios from anywhere in the world.
| JustMarkets Mobile Trading App | ||
|---|---|---|
| Feature | Android | iOS |
| Minimum System Requirements | 7.0 or higher | 14.5 or higher |
| User Rating | 4.5 / 5 | 4.5 / 5 |
| User Reviews | 3,858 | 247 |
| Supported Languages | English | English |
| Forex Pairs | 60 | 60 |
| Other Tradable Assets | Stocks, indices, metals, energies | Stocks, indices, metals, energies |
| Features | Multiple account types, user-friendly interface, swap-free trading, over 260 available financial markets, and more | Demo trading, 24/7 customer support, seamless deposits and withdrawals, orders executed within 10 ms on average, swap-free trading, and more |
| Biometric Authentication | Yes | Yes |
| 2-Factor Authentication | Yes | Yes |
On top of the above-mentioned merits, the proprietary JustMarkets app facilitates swift order execution with average speeds of 10 milliseconds. Alternatively, customers who prefer MetaTrader can download and install the third-party MT4 and MT5 apps. MT4 is compatible with iOS 13.0 and Android 6.0 or later. The minimum system requirements for its successor MT5 are iOS 15.0 and Android 6.0.
Tradable Instruments
The JustMarkets product range is narrower than that of multi-asset giants like IG or CMC Markets but the broker still covers most major asset classes. The portfolio comprises approximately 260 tradable symbols across forex, commodities, stocks, cryptocurrencies, and indices. The versatility within each class varies. For example, the coverage of currency pairs is quite solid with over 60 markets, but the selection of stock CFDs is not all that impressive because it is limited to around 170 European and US equities.
| Number of Tradable Instruments Available | ||||
|---|---|---|---|---|
| Asset Class | JustMarkets | Pepperstone | Fusion Markets | |
| Number | Selection | Number | Number | |
| Forex | 69 | Very Good | 93 | 90+ |
| Indices | 11 | Good | 26 | 15 |
| Stock CFDs | 174 | Average | 1,100+ | 110 |
| Commodities | 8 | Average | 40 | 17 |
| Cryptocurrencies | 11 | Average | 31 | 13 |
Forex
The roster includes 69 currency pairs, including popular crosses like EUR/GBP and AUD/CAD. Exotic pairs like USD/TRY and USD/ZAR are available as well. Leverage reaches 1:3000 globally and 1:30 for European clients. Spreads on majors are highly competitive, making the broker a valid choice for currency-centric strategies like scalping and swing trading.
Indices
Traders gain access to 11 CFDs on flagship indices like the S&P 500, Nikkei 225, UK 100, and France 40. Typical spreads on the S&P 500 range from 0.4 to 0.6 points during peak liquidity, placing JustMarkets in line with its peers. Weekend trading is not offered at the moment.
Stocks
The stock selection is restricted to around 170 major companies from Europe and the United States, including blue-chip brands like Apple, Microsoft, Tesla, Amazon, and Alphabet, among other high-liquidity tickers. Leverage is capped at 1:20 globally and 1:5 at the CySEC-regulated branch. The absence of Australian or Asian stocks will not be appreciated by equity traders seeking portfolio diversification.
Commodities
Customers can dip their toes in various precious metal markets, including gold, silver, platinum, and palladium. Various energy CFDs are also on offer, with the option to speculate on the prices of US natural gas, Brent crude oil, and WTI light crude oil. Soft commodities are strangely absent from the portfolio, but hopefully the broker will add them in the near future. The maximum leverage for commodities is capped at 1:3000 globally and 1:20 in the EU.
Cryptocurrencies
The broker lists 11 cryptocurrencies tradable through contracts for difference against the US dollar, including BTC/USD, ETH/USD, ADA/USD, and DOGE/USD. Leverage is limited to 1:2 at the CySEC division. Weekend trading is enabled, a plus for crypto traders accustomed to enjoying round-the-clock market access.
Instruments Unavailable at JustMarkets
- Exchange-Traded Funds (ETFs) and Physical Stocks: JustMarkets provides access to global equity markets exclusively through derivatives, meaning clients cannot purchase physical shares with ownership rights or invest in exchange-traded funds.
- Options: Although the broker offers educational resources regarding derivatives, it does not currently support options contracts on its platforms.
- Futures: The platform does not facilitate trading on regulated futures exchanges. Instead, it focuses on over-the-counter products that have no fixed expiration dates.
Trade Execution
JustMarkets advertises a no-dealing-desk, Straight-Through-Processing (STP) pricing model, routing orders directly to a pool of liquidity providers that reportedly includes top-tier banks and non-bank market makers. While the broker does not publish a detailed execution policy or latency statistics, internal marketing materials claim an average execution speed of 10 milliseconds, which aligns with connectivity through major data centers like Equinix NY4/LD4.
Slippage is generally minimal under normal market conditions but can increase during high-impact news events. The broker notes that stop orders become market orders in these situations, so guaranteed stop-losses are not offered. The maximum order size is 100 lots per trade on major pairs, but splitting large positions is recommended to reduce market impact.
Algorithmic traders can rent a low-latency VPS starting at $8 per month through third-party providers integrated into the client hub. This service places MT servers close to the NY4 data center, shaving several milliseconds off round-trip time compared to a standard home connection.
Conflict-of-interest risk is minimized by the broker’s claim that it does not take the opposite side of client trades. However, as with any STP broker, there is still a small risk that some client flow might be internalized for hedging purposes. The lack of execution quality reports makes it difficult to independently verify these claims.
Deposit Methods
Funding your account at JustMarkets is simple, with a wide range of payment options available. The supported base currencies include USD, EUR, GBP, ZAR, PLN, and several Asian currencies like IDR, THB, and MYR. Choosing a base currency that matches your national currency can help you avoid conversion fees. Minimum deposits typically start from $/€10, unless you use bank transfers, in which case you must transfer at least $/€100.
| Method | Processing Time | Minimum | Cost |
|---|---|---|---|
| Credit/Debit Cards | Instant | $/€10 | Free |
| Bank Transfers | Up to 6 days | $/€100 | Free |
| Skrill | Instant | $/€10 | Free |
| Neteller | Instant | $/€10 | Free |
| PayPal | Instant | $/€10 | Free |
| Google Pay | Instant | $/€10 | Free |
| Sticpay | Instant | $/€10 | Free |
| Cryptocurrencies | Instant | $/€15 | Free |
Most e-wallet and card deposits are credited instantly. Bank wires may take up to 6 business days depending on the sending institution. No internal fees apply, but card issuers may charge additionally for international transactions. Crypto deposits require three network confirmations before appearing in the client hub. Only customers at the offshore entity can fund their balance with crypto, however.
Withdrawal Methods
Withdrawals at JustMarkets follow the “return-to-source” principle whereby profits exceeding the original deposit amount can be withdrawn via bank wire transfers, e-wallets, or cryptocurrencies. Requests submitted in the client hub before 12:00 p.m. are usually processed the same day. Withdrawals requested after that time roll over to the next business day. The broker typically processes withdrawals within 1 to 2 hours on working days.
Broker-side fees are not charged by JustMarkets for withdrawals, regardless of the method used. However, third-party providers may apply their own fees. Cryptocurrency withdrawals only incur network fees.
| Method | Processing Time | Cost | Minimum |
|---|---|---|---|
| Credit/Debit Cards | 4 to 10 days | Free | $/€1 |
| Google Pay | 4 to 10 days | Free | $/€1 |
| Skrill | 1 to 2 hours | Free | $/€1 |
| Neteller | 1 to 2 hours | Free | $/€1 |
| PayPal | 1 to 2 hours | Free | $/€1 |
| Bank Transfer | 1 to 6 days | Free | $/€50 |
| Sticpay | Up to 2 hours | Free | $/€10 |
| Cryptocurrencies | Up to 2 hours | Free | Varies |
The broker enforces anti-money-laundering checks on all withdrawal requests and may ask for additional bank statements or a selfie with ID for large transfers. Overall, the withdrawal policy is transparent and compares favorably with brokers that impose steep wire fees or have longer internal processing times.
Customer Support Contacts
JustMarkets offers 24/7 customer support via live chat, email, and phone. During test interactions, the live-chat queue averaged under one minute, and agents provided concise answers to questions about leverage, swap-free eligibility, and VPS set-up. E-email responses typically arrive within 6 hours.
The support team can serve customers in 7 languages, including English, Indonesian, Malay, Spanish, Vietnamese, Portuguese, and Arabic, reflecting the broker’s strong presence in Asia and the Middle East.
The online help center covers common queries on funding, margin calls, and platform installation. The articles are relatively brief and, while adequate for basic troubleshooting, JustMarkets lacks the multimedia tutorials seen at education-heavy brokers.
| Support Contact | Contact Details | Response |
|---|---|---|
| Help Center | Available on the website | – |
| Live Chat | 24/7 | Within 20 seconds |
| Telephone | +248 463 202 71, +230 529 703 301 (global) +357 25 351 514 (Europe) | Within minutes |
| support@justmarkets.eu | A couple of hours | |
| Requires a WhatsApp account | Instant | |
| Telegram | Requires a Telegram account | Instant |
| iMessage | Requires an iMessage account | Instant |
| Messenger | Requires a Facebook account | Instant |
Research and Educational Materials
JustMarkets offers a somewhat limited range of research and educational materials to help traders improve their skills and make informed decisions. The broker provides free resources covering basic concepts and advanced strategies, ensuring traders can access valuable insights and tools for ongoing learning and market analysis. Here is the main research and education content customers can anticipate.
- Daily Forecasts: Expert analysts provide daily market outlooks, highlighting key trends and potential opportunities across major asset classes.
- Educational Videos: The collection of videos covers platform features, trading signals, and practical strategies to help traders get the most out of their experience.
- Economic Calendar: This tool lists upcoming market-moving events, categorized by impact level, so traders can plan their strategies around important releases.
- Trading Glossary: The glossary explains essential trading terms, making it easy for beginners to understand market jargon.
- Market Overview: The regular updates and analysis give traders a clear picture of current market conditions and emerging trends.
Security and Money Guarantees
Client money is held in segregated accounts separate from the firm’s operating capital. The CySEC entity must keep clients’ funds within EU-authorized credit institutions and submit quarterly reports to the regulator. Although the Seychelles entity follows the same segregation policies, it is not overseen by an independent trustee.
Retail clients of the CySEC branch benefit from the Investor Compensation Fund, which guarantees up to €20,000 per eligible claimant in the event of broker insolvency. No equivalent scheme exists for clients at the offshore entities. Nevertheless, negative balance protection is available to all retail clients, ensuring they cannot lose more than their account equity.
On the technical front, the client hub employs 256-bit SSL encryption, two-factor authentication via Google Authenticator and automatic session timeouts. MT4/MT5 platform connections are encrypted by default. Unusual-activity monitoring triggers a verification request if logins occur from new IP addresses or devices.
| Entity | Regulator | Amount Covered | Negative Balance Protection |
|---|---|---|---|
| Just Global Markets Limited | Financial Services Authority of Seychelles (FSA) | N/A | |
| JustMarkets Limited | Cyprus Securities and Exchange Commission (CySEC) | €20,000 | |
| Just Global Markets (PTY) Limited | Financial Sector Conduct Authority (FSCA) | N/A | |
| Just Global Markets (MU) Limited | Financial Services Commission of Mauritius (FSC) | N/A | |
| Just Global Markets (VG) Limited | British Virgin Islands Financial Services Commission (BVI FSC) | N/A |
Conclusion
As a whole, JustMarkets is a competitively priced broker focused on offering low execution costs, flexible leverage, and convenient funding options. The addition of a CySEC license boosts its credibility for EEA residents, though the lack of tier-1 regulation and an investor compensation scheme for global clients remains a notable drawback. Product variety is solid for forex-focused traders, but is limited for those seeking broader equity coverage. Research and educational resources are basic, so self-directed traders will need to supplement with external analysis tools.
In our view, JustMarkets is best suited for cost-conscious day traders, scalpers, and algorithmic traders who already have their own market-analysis approach and mainly trade currencies or major indices. Beginners can take advantage of the Standard Cent account, but should be cautious with the very high leverage available. Long-term investors, portfolio builders, and traders who rely heavily on research will likely find more comprehensive offerings at brokers with broader product selections and deeper analytical resources.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 89.81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
