+357 25 351 514
+371 67 881 045
https://justmarkets.eu/
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MT4/5
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JustForex-Demo
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Influence index NO.1
MT4/5 Identification
Full License
Influence
B
Influence index NO.1
Single Core
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40G
+357 25 351 514
+371 67 881 045
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JustMarkets Ltd
JustMarkets
Cyprus
Pyramid scheme complaint
Expose
Chat support waits for a long time. Not knowing when to pay.
The profits earned were all deducted and the withdrawal was prohibited without giving a decent explanation. Now I am required to pay back 15,000 US dollars immediately.
I was trade on XAUUSD use standard mt4 account on 13/06/2023. When CPI news come around i target to entry instant buy at area 1957/54. Since my entry not execute, i close the apps and open back the apps and my entry price was at 1966/67 for 8 entry. Suddenly price pullback and all my money gone.
Also my trading account funds was taken out of my trading account amount of $900+ . The broker stated I was involved in fraudulent activities without detailed explanation regarding that because all my trading was scalping which is allowed by the broker. All my withdrawals were canceled and the money was deducted out of my trading account.
they cancel bonus in the middle of trading instead cover the margin
I have been using these brokers for about a year and a few months, I have been investing my money every day when I trade and close the sale. I have made a lot of profit.
justmarket or justforex saw that I was profitable then they manupilated my charts and they say it's slippage , slippage how if you regulated and you not a market maker 🚩🚩🚩🚩 stay away from justforex, I deposited R15 000 and grew it to to R100 000 then they told me about slippage so justforex is a scam
Please be really careful of this broker, they dont want you to win!! they said that i was involved in fraudulent activities which I CLEARLY NOT!!! and block my account without any other explanation. they also took ALL of my profit and adjust my balance to my initial deposit amount... stay away from this kind of broker who dont want you to profit!!! below attached proof of account adjustment and balance the day before the adjustment made
justmarket manipulate platform when they have news impact, I don't see any deposits to my trading account,but from my bank have deduct
This morning, the order was automatically closed when the market opened. The customer service is not responsible for not solving the problem, and the service attitude is not good.
The company said that the longest processing time is 2 working days, but it has been 3 days today and I still haven’t got my withdrawal. I have also asked justmarket’s customer service for help many times but still haven’t been resolved. I did it on April 13, I still haven't got my withdrawal until today
On may 23rd, justmarket took all my hard earned profit when the market is going my way and adjust my account back to my initial deposit. Soon after that, they send me an email stating that the reason for this very unprofessional behavior by them is that i was involved in fraudulent activity, while what i did was using expert advisor to trade and i havent withdraw a single cent from my profits. I highly recommend everyone to stay away from this broker, they dont want you to win
No live chat at all. No one handles the problem. Send an email and get the following response. They absolutely don't want to take responsibility.
My IB account recently got suspended and my unpaid commissions for around $450 has not been paid since they blocked access to my backoffice. When i ask them the reason for suspending my account, they said that they have rights to not disclose it. BEWARE OF THIS BROKER!
I wanted to make a profit so I deposited 100$. But when I tried to withdraw the money and transfer it to the bank, the exchange asked me to transfer to another account, saying it must be my own bank account. I consulted live chat, who told me that I have to take a copy of the statement. I have sent the statement but there is no reply.
Creation of my trading account is 12 April 2023. Today 14 April I tried to make a withdrawal then my withdrawal was canceled. I got an email stating my accounts are involved in fraudulent activities whereas as a client I only have one trading account in my name nor my identity number with justmarkets. $566 DOLLORS was taken out of my account that left me with $80 that they instructed I should withdraw and block my account permanently. I never got any detailed explanation from the broker nor my funds. Ain't this regarded as a scam broker. I have following pictures as proof.
Registered in | Cyprus |
Regulated by | CYSEC, FSA, FSCA ( Exceeded) |
Year(s) of establishment | 10-15 years |
Trading instruments | currency pairs, precious metals, energies, indices, and shares |
Minimum Initial Deposit | $100 |
Maximum Leverage | 1:30 |
Minimum spread | 0.0 pips onwards |
Trading platform | MetaTrader5 |
Deposit and withdrawal method | Bank wire transfer, skrill, neteller, VISA, MasterCard, paypal |
Customer Service | Email, phone number, address, live chat |
Fraud Complaints Exposure | No for now |
It is important to note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
In this review, if there is a conflict between the image and the text content, the text content should prevail. However, we recommend that you open the official website for further consultation.
Pros:
STP broker model ensures no conflict of interest with clients.
Wide range of trading instruments available.
Low minimum deposit requirement for both account types.
Competitive spreads and commissions, with zero commissions for Pro account.
Islamic account option available.
MetaTrader5 platform available for trading.
High processing speed and low fees for deposits and withdrawals.
Various educational resources available for traders.
Responsive and multilingual customer support.
Cons:
Limited leverage options for retail clients.
No mention of negative balance protection.
Limited information available on the company's history and ownership.
Advantages | Disadvantages |
No dealing desk and conflict of interest | Possible execution delays during high volatility |
Access to interbank liquidity | Limited control over spread |
Transparency in pricing | Markups may still be applied by the broker |
Faster order execution | Higher minimum deposit requirements |
Ability to scalp and use any trading strategy | No fixed spreads |
Now, in terms of JustMarkets, being a STP broker means that they do not have a dealing desk and do not act as a counterparty to their clients' trades, instead they route clients' orders directly to the liquidity providers such as banks and other financial institutions. This offers clients faster order execution, transparency in pricing, and access to interbank liquidity. However, during high volatility periods, execution delays may occur, and the broker may have limited control over the spread as it is determined by the liquidity providers. Additionally, while there are no fixed spreads, markups may still be applied by the broker, and the minimum deposit requirements tend to be higher compared to market makers. Overall, the STP model is beneficial for traders who prioritize faster execution, transparency, and access to deep liquidity.
JustMarkets is a Cyprus-based forex broker, regulated by FSA and CYSEC, offering a range of trading instruments, including forex, metals, energies, indices, and shares. They offer two account types with competitive spreads, a maximum leverage of up to 1:300 for professional clients, and multiple deposit and withdrawal options with low fees. The platform available for trading is the popular MetaTrader5, and they also provide a range of educational resources. JustMarkets prioritizes customer satisfaction by offering high-quality customer support through email, phone, and fax.
In the following article, we will analyse the characteristics of this broker in all its dimensions, providing you with easy and well-organised information. If you are interested, read on.
Advantages | Disadvantages |
Diversification: Trading a range of instruments can help to reduce risk and increase opportunities for profit | Requires traders to have knowledge of different markets and their factors that influence price movements |
Flexibility: With a range of instruments, traders have the flexibility to choose the ones that suit their trading strategy and risk appetite | Trading different instruments may require larger capital due to varying margin requirements |
Opportunities: With a variety of instruments, traders can take advantage of different market conditions and economic events | Some instruments may have lower liquidity and wider spreads, making it difficult to execute trades at desired prices |
JustMarkets offering 100+ trading instruments provides traders with a diverse range of options to choose from, including currency pairs, precious metals, energies, indices, and shares. This provides traders with flexibility and the opportunity to diversify their portfolio, reducing their overall risk exposure. The availability of various instruments also offers opportunities to capitalize on different market conditions and economic events. However, traders must have a good understanding of the different markets and factors that influence the price movements of each instrument. Additionally, trading different instruments may require larger capital due to varying margin requirements, and some instruments may have lower liquidity and wider spreads, making it difficult to execute trades at desired prices.
Advantages | Disadvantages |
Competitive floating spreads starting from 0 pips on Raw Spread accounts and 0.1 pips on Pro accounts | Commission of 3USD on Raw Spread accounts and no commission on Pro accounts may be a disadvantage for some traders |
Low trading costs | The range of account options with different spread and commission structures can be confusing for some traders |
Transparency in pricing with no hidden fees or charges | No fixed spread account option available for traders who prefer this pricing model |
JustMarkets offers competitive floating spreads starting from 0 pips on Raw Spread accounts and 0.1 pips on Pro accounts, which is an advantage for traders looking for low trading costs. While Raw Spread accounts have a commission of 3USD per lot, there is no commission on Pro accounts. This pricing model is transparent, with no hidden fees or charges, making it easier for traders to calculate their trading costs. However, the range of account options with different spread and commission structures can be confusing for some traders. Additionally, there is no fixed spread account option available for traders who prefer this pricing model. Overall, JustMarkets provides attractive pricing for traders who prioritize low costs and transparency in pricing.
Advantages | Disadvantages |
Two different account types to choose from | Limited options for leverage, only up to 1:30 |
Option for Islamic account | Limited account currency options, only USD, EUR, and GBP |
Low minimum deposit requirement of $100 | Commission charged on Raw Spread accounts |
Competitive spreads starting from 0 pips |
JustMarkets offers two different types of accounts for traders: Pro and Raw Spread. Both accounts require a minimum deposit of $100 and offer leverage of up to 1:30, with the main difference being the type of spread and commission charged. The Pro account has a spread starting from 0.1 pips with no commission, while the Raw Spread account offers spreads from 0 pips with a commission of 3 units of the base currency per lot/side. JustMarkets also offers an Islamic account option, which is free of swaps and interest charges, making it compliant with Sharia law. The main advantage of the account types is the flexibility it provides to traders with different preferences and trading styles, while the main disadvantage is the limited leverage options and account currency options.
Advantages | Disadvantages |
Multi-asset trading | MetaTrader5 may have a steeper learning curve for beginners |
Advanced charting tools | Limited compatibility with some trading robots |
Ability to use custom indicators and expert advisors | Higher system requirements for running MetaTrader5 on some devices |
Depth of market (DOM) feature for more transparent pricing | Limited availability of MetaTrader5 mobile apps compared to MetaTrader4 |
Improved back-testing capabilities for algorithmic trading | Limited availability of MetaTrader5 plugins compared to MetaTrader4 |
Integrated economic calendar and news feed |
JustMarkets offers the popular MetaTrader 5 (MetaTrader5) trading platform to its clients. This platform is highly advanced and provides a range of features and tools for traders to analyze and execute trades across multiple asset classes. The platform's advanced charting tools, depth of market feature, and ability to use custom indicators and expert advisors make it popular among experienced traders who rely on data to make informed decisions. While it may have a steeper learning curve for beginners, the platform's improved back-testing capabilities and option to open multiple accounts within the platform make it a valuable tool for traders looking to develop and test their trading strategies. Overall, MetaTrader5 is a powerful and versatile trading platform that can cater to the needs of a wide range of traders.
Advantages | Disadvantages |
Allows traders to have a higher trading volume with a relatively smaller capital | High leverage can increase the risk of significant losses |
Can potentially increase profits for successful trades | The potential for large losses can lead to emotional trading and irrational decision-making |
Gives traders flexibility in managing their positions and risk | High leverage can encourage overtrading and impulsive behavior |
Enables traders to diversify their portfolio and explore new markets | Some regulatory bodies may restrict the use of high leverage, which can limit the broker's offering |
In terms of leverage, JustMarkets offers up to 1:30 for retail clients and 1:300 for professional clients. While high leverage can increase the potential for profits, it also significantly increases the risk of losses. Traders should be careful when using high leverage and consider their risk tolerance, trading strategy, and financial situation. It's important to note that some regulatory bodies restrict the use of high leverage, so traders should check the regulations in their country or region.
Advantages | Disadvantages |
Multiple payment options | Withdrawal fee on some payment methods |
Low minimum deposit amount | Deposits in some currencies may have fees |
Fast processing times | |
Little to no fees | |
User-friendly deposit/withdrawal interface |
JustMarkets offers various payment methods for deposits and withdrawals, including bank wire transfer, Skrill, Neteller, VISA, MasterCard, and PayPal. The minimum deposit amount is low and the processing times are fast, making it easy for traders to quickly start trading. Additionally, there are little to no fees associated with deposits and withdrawals, and the user interface is user-friendly. However, some payment methods may have withdrawal fees and deposits in certain currencies may also have fees. Overall, JustMarkets provides traders with convenient and cost-effective payment options.
Advantages | Disadvantages |
Access to a range of educational resources | No personalized coaching or mentoring |
Free and readily available resources | No structured courses or certification programs |
Helpful for both beginner and advanced traders | Limited interactivity and engagement with the material |
Offers comprehensive market analysis and insights | No live webinars or seminars |
Can improve trading skills and knowledge | Information may not always be up-to-date or accurate |
JustMarkets offers a variety of educational resources to its clients, which can be accessed for free on their website. These resources include an economic calendar, market reports, video tutorials, articles, and a glossary of trading terms. The economic calendar is especially useful for keeping track of important market events and releases, while the market reports offer detailed analysis and insights into current market conditions. The video tutorials cover a range of topics and can be helpful for both beginner and advanced traders. However, it is worth noting that JustMarkets does not offer personalized coaching or mentoring, structured courses or certification programs, or live webinars or seminars. Additionally, while the resources are free and readily available, the information may not always be up-to-date or accurate.
You may also see some educational videos on their official YouTube channel.
Advantages | Disadvantages |
Multiple communication channels available including email and phone | No live chat support available |
Fast response time for customer queries and complaints | Customer support is not available 24/7 |
Physical office address available for clients to visit | Limited language support for customer service |
Frequently asked questions (FAQs) section available on the website | No dedicated account manager for clients |
JustMarkets seems to prioritize customer care as evidenced by the various communication channels available for clients to reach out to them. They have an email address, phone numbers, and a physical office address where clients can visit for assistance. The broker also has a fast response time for customer queries and complaints. Additionally, a section with frequently asked questions (FAQs) is available on their website. However, it should be noted that there is no live chat support available, customer support is not available 24/7, and limited language support for customer service may be a disadvantage for some clients. Moreover, there is no dedicated account manager for clients who may require personalized assistance.
In conclusion, JustMarkets is a reputable forex broker that offers a range of trading instruments and account types suitable for both retail and professional traders. With its STP execution model, clients can trade with minimal slippage and re-quotes. JustMarkets' MetaTrader 5 platform provides advanced charting tools and a customizable interface to enhance the trading experience. The availability of educational resources and excellent customer service also helps clients to make informed trading decisions. While there are some limitations such as limited trading platforms and regional restrictions, the overall advantages outweigh the disadvantages. With a focus on transparency and client satisfaction, JustMarkets is a reliable option for traders looking for a regulated broker with competitive trading conditions.
What kind of trading accounts does JustMarkets offer?
JustMarkets offers two types of trading accounts - the Pro account and the Raw Spread account. Both accounts offer leverage up to 1:30 for retail clients and 1:300 for professional clients.
What trading platforms are available at JustMarkets?
JustMarkets offers the popular trading platform MetaTrader5, which is available on desktop, web, and mobile devices.
What is the minimum deposit requirement at JustMarkets?
The minimum deposit required to open an account with JustMarkets is $100.
What are the available deposit and withdrawal methods at JustMarkets?
JustMarkets offers a variety of deposit and withdrawal methods, including bank wire transfer, Skrill, Neteller, VISA, MasterCard, and PayPal.
Is JustMarkets a regulated broker?
Yes, JustMarkets is a Cyprus-registered company regulated by the FSA and CYSEC, ensuring the safety of client funds and adherence to industry standards.
Does JustMarkets offer educational resources for traders?
Yes, JustMarkets provides various educational resources such as an economic calendar, market reports, video tutorials, articles, and a glossary to help traders improve their skills and knowledge.
What is the customer support like at JustMarkets?
JustMarkets offers customer support through phone, email, and fax, and their customer support team is available 24/5 to assist traders with any issues or questions they may have.
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