Is JustMarkets a Good Broker?
Our Overall Verdict
JustMarkets is a multi-regulated retail broker offering STP and ECN execution across an array of financial markets. Established in 2012 and headquartered in Seychelles, the broker provides competitive pricing models through its commission-free Standard accounts and low-spread Raw Spread accounts. With support for MetaTrader 4, MetaTrader 5, and a proprietary mobile trading app, JustMarkets caters effectively to traders seeking low entry barriers, generous leverage parameters, and built-in copy trading services.
Who Should Use JustMarkets?
- Beginners seeking low capital commitment, supported by a $10 minimum deposit on Standard and Standard Cent accounts.
- Cost-conscious forex and CFD traders looking for competitive raw spreads paired with STP/ECN market execution.
- Traders who utilize automated systems, Expert Advisors (EAs), or dedicated social and copy trading platforms.
- Clients seeking multi-currency base account options and flexible payment methods, including digital currencies.
Who Should Avoid JustMarkets?
- Traders residing in restricted jurisdictions such as the United States, United Kingdom, Canada, Australia, Japan, or the European Union.
- Investors seeking direct ownership of physical stocks or centralized exchange-traded assets.
- Clients who prefer phone-heavy customer service over digital messaging channels.
- Traders seeking proprietary advanced desktop charting environments outside the MetaTrader ecosystem.
Strengths
- Accessible minimum deposit starting at $10 for Standard and Cent accounts
- Full support for MetaTrader 4, MetaTrader 5, and dedicated copy trading
- No internal fees assessed on account deposits or withdrawals
- Negative balance protection and segregated client accounts provided
Weaknesses
- Lengthy list of restricted jurisdictions including the US, UK, and EU member states
- Monthly inactivity fee of $5 applied after 150 days of dormancy
- Tier-2 regulatory profile with varied protections across offshore entities
- Mixed customer service feedback regarding technical trade resolutions
Is JustMarkets safe?
7.8/10Regulation and Licenses
JustMarkets was founded in 2012 and operates through multiple corporate entities worldwide. The broker maintains regulatory oversight under several licensing authorities: the Cyprus Securities and Exchange Commission (CySEC) in Europe, the Financial Sector Conduct Authority (FSCA) in South Africa, the Financial Services Authority (FSA) in Seychelles under license number 8427198-1, and the Financial Services Commission (FSC) in Mauritius and the British Virgin Islands under license number 2139756. These accreditations position JustMarkets within a Tier-2 regulatory categorization.
Client Protection
Client security arrangements vary depending on the governing entity. JustMarkets maintains segregated client bank accounts, isolating operational funds from trader capital to prevent misuse. Furthermore, all retail accounts feature negative balance protection, guaranteeing that accounts will be reset to zero if unexpected volatility causes a negative equity balance. For clients onboarded through the European CySEC entity, eligible retail accounts are covered by the Investor Compensation Fund (ICF), offering coverage typically up to €20,000 in the event of broker default. Accounts under offshore jurisdictions do not participate in this compensation fund.
Regulatory History
Information on formal regulatory penalties or sanctions against JustMarkets is not publicly disclosed. The firm enforces mandatory Know Your Customer (KYC) compliance protocols, requiring proof of identity and residence before granting full account features and withdrawal privileges.
JustMarkets at a Glance
JustMarkets delivers multi-asset STP and ECN CFD trading across currencies, indices, commodities, equities, and cryptocurrencies. Its operational model balances accessible retail conditions with professional-tier trading infrastructure.
- Headquarters: Seychelles
- Foundation Year: 2012
- Regulations: FSA (Seychelles), CySEC (Cyprus), FSCA (South Africa), FSC (Mauritius/BVI)
- Minimum Deposit: $10 (Standard, Cent) / $200 (Pro, Raw Spread)
- Maximum Leverage: Up to 1:3000 (international clients); 1:30 (CySEC retail)
- Platforms: MetaTrader 4, MetaTrader 5, WebTerminal, JustMarkets Trading App
- Base Currencies: USD, EUR, GBP, JPY, MYR, IDR, THB, VND, KWD, CNY, ZAR, AED, NGN, USC
- Support: 24/7 via Live Chat, Messaging Apps, Email, and Phone
How Much Does It Cost to Trade With JustMarkets?
6.9/10Spreads and Commissions
Trading expenses at JustMarkets depend on the chosen account structure. Standard and Pro accounts use a spread-only pricing model where brokerage costs are integrated into the bid/ask difference. The Raw Spread account offers direct market spreads paired with a fixed commission fee.
| Instrument | Average Spread | Commission Structure |
|---|---|---|
| EUR/USD | 0.9 pips | No commission on Standard/Pro; $3-$4 per side per lot on Raw Spread |
| GBP/USD | 1.3 pips | No commission on Standard/Pro; $3-$4 per side per lot on Raw Spread |
| Gold (XAU/USD) | 2.4 pips | No commission on Standard/Pro; $3-$4 per side per lot on Raw Spread |
| S&P 500 CFD | 0.7 pips | Spread only |
Spreads on the Raw Spread account can start from 0 pips on major currency pairs, subject to standard liquidity conditions.
Other Trading and Non-Trading Fees
JustMarkets does not levy internal processing fees on deposits or withdrawals. However, payment gateways, banks, or blockchain networks may impose third-party transaction or currency conversion costs. If an account remains inactive for 150 consecutive calendar days with no trading or funding activity, a dormant account maintenance fee of $5 is deducted every 30 days, provided the balance remains positive. Swap fees are generally avoided through the broker's swap-free structure, though financing adjustments or administrative fees may apply to select instruments and account tiers held overnight.
What Is It Like to Trade With JustMarkets?
8/10Trading Platforms
JustMarkets supplies a selection of industry-standard third-party platforms along with proprietary mobile software:
- MetaTrader 4 (MT4): Available for desktop, web, and mobile, offering native charting, technical analysis tools, and support for automated Expert Advisors (EAs).
- MetaTrader 5 (MT5): Delivers expanded timeframes, additional technical indicators, an integrated economic calendar, and improved backtesting capabilities.
- MetaTrader WebTerminal: A browser-based interface enabling trading directly from any operating system without software installation.
- JustMarkets Trading App: A proprietary mobile trading suite available on iOS and Android for account administration and multi-asset position management.
Execution and Trading Tools
Orders are executed using market execution under an STP/ECN framework. Execution takes place at prevailing market prices, meaning slippage may occur during illiquid market openings or volatile economic news events. Traders can utilize third-party VPS hosting configurations in financial hubs such as London (LD4) or New York (NY4) to optimize connection speeds for automated trading.
Automated and Copy Trading
Algorithmic trading is fully supported via MT4 MQL4 and MT5 MQL5 development environments. Furthermore, JustMarkets hosts an in-house social and copy trading ecosystem accessible through a dedicated mobile app. This platform allows investors to automatically mirror the strategies of seasoned Pro Traders with customizable risk metrics, proportional trade replication settings, and a 7-day commission-free trial period.
What Can You Trade at JustMarkets?
3.7/10Forex and CFDs
JustMarkets provides trading across multiple CFD categories. The foreign exchange offering includes a wide selection of major, minor, and exotic currency pairs. Trading is executed in contract sizes starting from micro-lots (0.01 lots), accommodating various capital limits and risk management configurations.
Stocks, Indices, Commodities and Other Markets
In addition to currencies, clients can access various global financial instruments:
- Indices: CFDs on major benchmark global equity indices, including the S&P 500 CFD.
- Commodities: Spot metals including Gold (XAU/USD) and energy assets.
- Stocks: Share CFDs covering leading corporate equities.
- Cryptocurrencies: Digital currency CFD pairs, traded with fixed leverage parameters up to 1:20.
JustMarkets Accounts and Leverage
7/10Available Account Types
JustMarkets offers four primary account tiers tailored to different levels of trading capital and execution requirements:
- Standard Cent: Denominated in cent units (USC), designed specifically for beginners and algorithm testing using minimum financial commitments.
- Standard: A spread-only retail trading account requiring no commission per trade.
- Pro: An enhanced spread-only account designed for higher-volume retail traders.
- Raw Spread: An institutional-style pricing model offering spreads from 0 pips coupled with fixed per-lot commissions.
Free demo accounts and Sharia-compliant swap-free Islamic accounts are also available across these categories.
Minimum Deposit
The Standard and Standard Cent accounts feature an accessible minimum deposit threshold of $10. For traders opening a Pro or Raw Spread account, the minimum initial deposit requirement is $200.
Leverage and Margin
Under international offshore regulations, JustMarkets offers dynamic leverage scaling up to 1:3000 on major currency pairs and precious metals. For clients registered under European entities, maximum retail leverage is restricted to 1:30. Cryptocurrencies are capped at 1:20 leverage. Across account structures, the margin call level is set at 40%, while the stop-out margin level triggers at 20%.
Depositing and Withdrawing Money at JustMarkets
8.2/10Deposit Options
Funding can be completed using credit/debit cards (Visa, Mastercard), traditional wire transfers, local bank transfers, and digital payment systems including Skrill, Neteller, Sticpay, and Airtm. Cryptocurrency deposits are also supported via Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Dogecoin, Tron, Tether, and USD Coin. Standard processing for electronic wallets, crypto, cards, and local bank methods is instant, whereas international bank wires generally settle within 1 to 3 business days.
Withdrawal Options
Clients can withdraw through the same channels used for funding: bank cards, wire transfers, e-wallets, and crypto networks. JustMarkets does not charge internal withdrawal fees. Processing times range from 15 to 60 minutes for cryptocurrency, approximately 1 hour for digital wallets, 1 to 2 business days for local bank transfers, 1 to 7 business days for credit cards, and 3 to 6 business days for international wire transfers.
Deposit methods
Withdrawal methods
How Good Is JustMarkets Customer Support?
7.1/10Support Channels and Availability
JustMarkets provides customer support operations 24/7. Assistance can be obtained through live chat on the official website, a dedicated Support Hub and Help Center, direct phone support lines (+248 4632027, +230 52970330), and email at [email protected]. Clients can also connect via modern social messaging channels, including Telegram, WhatsApp, Messenger, Instagram, and iMessage.
Our Support Experience
Support is available in multiple languages, such as English, Spanish, Portuguese, Indonesian, Malaysian, Vietnamese, and Arabic. Editorial assessment categorizes overall support quality as mixed; routine inquiries regarding account setup and funding are addressed efficiently, while technical inquiries regarding market slippage, server execution, or complex account verifications occasionally yield standardized responses.
JustMarkets Research and Educational Tools
8.6/10Educational and analytical content at JustMarkets is structured primarily to assist foundational market learning. The broker provides a catalog of introductory forex articles, a structured financial glossary, and instructional educational video content. Integrated platform features on MetaTrader platforms include basic real-time news feeds and economic calendars. However, proprietary advanced daily technical analysis and institutional-grade macro research reports are relatively limited in comparison to specialized research brokers.
Is JustMarkets Right for Your Trading Style?
JustMarkets for Beginners
JustMarkets is well-suited for novice traders thanks to its low $10 minimum deposit, micro-lot trading capabilities, and Standard Cent account format. The Cent account enables live market exposure with minimal financial risk, while demo accounts allow for risk-free platform familiarization.
JustMarkets for Day Traders and Scalpers
Day traders and scalpers benefit from the broker's explicit permission of scalping, news trading, and hedging across all account tiers. The Raw Spread account provides the tight floating spreads necessary for rapid entry and exit strategies, with execution supported by STP/ECN routing.
JustMarkets for Algorithmic Traders
Algorithmic traders can utilize MetaTrader 4 and MetaTrader 5 to deploy automated Expert Advisors (EAs). Both MQL4 and MQL5 scripting are fully supported. While JustMarkets does not host proprietary virtual private servers, the broker fully accommodates third-party VPS hosting connected to London and New York data hubs to minimize execution latency.
JustMarkets for Experienced Traders
Experienced market participants can capitalize on flexible leverage up to 1:3000 under offshore entities, commission-based raw spread accounts, and the ability to register as strategy managers within the JustMarkets Copytrading ecosystem to monetize profitable trading strategies.
What Do Traders Say About JustMarkets?
Common Positive Feedback
Positive trader feedback frequently highlights the straightforward onboarding and identity verification processes. Clients frequently praise the broad variety of deposit and withdrawal channels, noting rapid processing times for e-wallets and cryptocurrency withdrawals. The copy trading mobile app and the low entry threshold of the Standard Cent account are also commonly commended by retail traders.
Common Complaints
Conversely, user dissatisfaction often centers on trade execution during periods of high market volatility and economic news events, where users report slippage and widened spreads. Complaints also mention server disconnections during peak volume sessions, latency on copy trading allocations, and delays in complex account compliance reviews or dispute resolutions with support staff.
Trustpilot and App Store Ratings
| Platform | Rating | Number of Reviews |
|---|---|---|
| Trustpilot | Unavailable - breach of guidelines | 4479 |
| Google Play | 4.42/5 | 6162 |
| App Store | 4.49/5 | 74 |
How JustMarkets Compares With Other Brokers
| Broker | Minimum Deposit | Maximum Leverage | Regulation | Trading Platforms |
|---|---|---|---|---|
| JustMarkets | 10 | 3000 | FSA, CySEC, FSCA, FSC | MetaTrader 4, MetaTrader 5, MetaTrader WebTerminal, JustMarkets Trading App |
| XM | 5 | 1000 | FSC, CySEC, FSCA, DFSA, FSA, SCA | MetaTrader 4, MetaTrader 5, XM App, TradingView, WebTrader |
| FBS | 5 | 3000 | FSC, CySEC, ASIC, FSCA | MetaTrader 4, MetaTrader 5, FBS app |
| Exness | 10 | 2000 | FSA, CBCS, FSC, CMA, JSC, FSCA, CySEC, FCA | MetaTrader 4, MetaTrader 5, Exness Terminal, Exness Trade app MetaTrader WebTerminal |
| Octa | 25 | 1000 | CySEC, FSCA, MISA, FSC | OctaTrader, MetaTrader 4, MetaTrader 5 |
Final Verdict on JustMarkets
JustMarkets is a competitive retail CFD broker that delivers accessible trading terms, highlighted by a low $10 entry barrier, versatile MetaTrader support, and an integrated copy trading network. Its pricing model accommodates various experience levels, offering zero-commission accounts alongside raw spread accounts suited for scalpers and day traders. High available leverage up to 1:3000 appeals to international participants seeking flexible margin options.
However, prospective traders should weigh these benefits against the broker's Tier-2 regulatory status, the absence of investor compensation schemes across its offshore divisions, and a substantial roster of restricted jurisdictions including the US and UK. For traders seeking low-cost access to MetaTrader platforms with diverse payment methods, JustMarkets presents a functional and accessible gateway to the global CFD markets.
JustMarkets FAQs
The minimum deposit is $10 for the Standard and Standard Cent accounts, while the Pro and Raw Spread accounts require an initial deposit of at least $200.
JustMarkets operates through entities authorized and regulated by the Financial Services Authority (FSA) of Seychelles, the Cyprus Securities and Exchange Commission (CySEC), the Financial Sector Conduct Authority (FSCA) in South Africa, and the Financial Services Commission (FSC) in Mauritius.
JustMarkets supports MetaTrader 4 (MT4), MetaTrader 5 (MT5), MetaTrader WebTerminal, and the proprietary JustMarkets Trading App for iOS and Android.
JustMarkets does not charge any internal fees for depositing or withdrawing funds, although third-party payment providers, banks, or blockchain networks may impose external transaction charges.
JustMarkets provides maximum leverage of up to 1:3000 for international entities, while retail clients under European regulation such as CySEC are capped at 1:30.
Yes, JustMarkets explicitly permits scalping, hedging, news trading, and automated algorithmic strategies across all of its account types.
Yes, JustMarkets provides swap-free Islamic accounts tailored for traders adhering to Sharia principles across its Standard, Pro, and Raw Spread accounts upon request.
Yes, JustMarkets offers negative balance protection for all retail clients, ensuring that losses cannot exceed the total amount deposited in the account.
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