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/10
The WikiFX Score of this broker is reduced because of too many complaints!

JustMarkets

Cyprus|10-15 years|
Regulated in Cyprus|Straight Through Processing(STP)|MT4/5 full license|Suspicious Overrun|High potential risk|Offshore Regulatory|

https://justmarkets.eu/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

JustForex-Demo

United Kingdom
MT4
8

Influence

B

Influence index NO.1

France 4.54
The WikiFX Score of this broker is reduced because of too many complaints!

MT4/5 Identification

MT4/5 Identification

Full License

8
Server Name
JustForex-Demo MT4
Server Location United Kingdom

Influence

Influence

B

Influence index NO.1

France 4.54

Surpassed 15.68% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index

Contact

+357 25 351 514
support@justmarkets.com
https://justmarkets.eu/
13&15 Grigori Afxentiou street, IDE IOANNOU COURT, office 102, Mesa Geitonia, 4003, Limassol, Cyprus

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+357 25 351 514

English

+371 67 881 045

Broker Information

More

Company Name

JustMarkets Ltd

Company Abbreviation

JustMarkets

Platform registered country and region

Cyprus

Company website
Twitter
Facebook
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Linkedin

Pyramid scheme complaint

Expose

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WikiFX Risk Alerts 3
Previous Detection : 2023-10-05
  • The number of the complaints received by WikiFX have reached 14 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • This broker exceeds the business scope regulated by South Africa FSCA(license number: 51114)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!

WikiFX Verification

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    JustMarkets · Company Summary

    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 and cons of JustMarkets

    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.

    What type of broker is JustMarkets?

    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.

    General information and regulation of JustMarkets

    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.

    General information

    Market instruments

    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.

    market instruments

    Spreads and commissions for trading with JustMarkets

    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.

    Trading accounts available in JustMarkets

    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.

    account types

    Trading platform(s) that JustMarkets offers

    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.

    trading platform

    Maximum leverage of JustMarkets

    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.

    leverage

    Deposit and Withdrawal: methods and fees

    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.

    deposit and withdrawal

    Educational resources in JustMarkets

    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.

    image.png

    Customer service of JustMarkets

    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.

    customer support

    Conclusion

    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.

    Frequently asked questions about JustMarkets

    • 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.

    News

    WikiFX Reviews JustMarkets | Is It Trustworthy?

    NewsWikiFX Reviews JustMarkets | Is It Trustworthy?

    2023-06-19 17:30

    In today's article, WikiFX will explore JustMarkets in depth, examining its features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service to help you decide whether to use this platform. Keep reading to find out more!

    WikiFX
    2023-06-19 17:30
    News
    WikiFX Reviews JustMarkets | Is It Trustworthy?

    User Reviews

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    User comment

    26

    Comments

    Write a review

    MartaKozań
    0-3months
    Invested USD 40,000, received a total of 6 transfers. There was never a question about the origin of my payments or where I got the money from. They only started asking questions like this when I wanted to withdraw the money. They even sent me a confirmation of sending the funds via GM Mail, but they were never transferred to my account, neither private nor rev olut. There are always some blockages, suspensions, and once they even selected my PESEL for a full check - although I still don't really know what it was about. At the end of July, the proceedings began and I commissioned them to a proven law firm to help me. As it turns out, my entries and those of others disappear. There were plenty of them here, none left. I'm writing again, maybe it will stay 5side/18O task for a while. 5 is six and three and one and this NR too, maybe someone will benefit and will also be able to get their money back. So far, 4 transfers have been returned to me, I managed to make it happen, but that was the easy part, because the funds went to a woman from Silesia, he found out in time and she didn't withdraw it anywhere. IPO has already been reported to various commissions, various cases are pending against them, such as mine, or those from the commission for even providing services and they do not have a license, etc. unfortunately, they cannot be trusted
    2023-10-03 19:43
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    0
    0
    Adnaa
    3-6months
    I warns of fraudulent activities by Justmarkets.com Broker after they canceled my profits Account No. 2000624085 from a trade on Snapchat shares. I had deposited $1100 and made a profit of $3440, but the broker accused me of fraudulent trading and refused to release my earnings. Justmarkets.com only offered to return my initial deposit. I advises retail traders to withdraw their funds as soon as possible and urges them to be cautious.
    2023-05-01 23:56
    Reply
    0
    1
    心如止水4840
    more than one year
    Very legit and transparent broker. My friend Mark recommended it to me three years ago, and I would recommend it to you guys, for 3 years’ performance makes me fully trust it.
    2023-02-20 10:14
    Reply
    0
    0
    ayung
    more than one year
    recommend broker justmarket before is justforex spread nice solid withdrawal deposits very fast have been use for a month👍👍👍👍👍👍👍
    2023-01-12 22:24
    Reply
    0
    1
    LAI3850
    6-12months
    Bonuses cannot be used to carry floating losses, but to attract you to play with money
    2023-01-05 13:38
    Reply
    0
    0
    LAI3850
    6-12months
    Is this platform easy to use? I just signed up
    2022-12-31 01:10
    Reply
    0
    0
    alahyane ‎
    6-12months
    Fast withdrawal and 120% deposit bonus. This is good so far
    2022-12-21 18:15
    Reply
    1
    3
    Antony6321
    6-12months
    Excellent broker. Deposits and withdrawals instantly. And the customer support is the best so far. A simple panel without complications make this broker one of the best. The best thing is that they are not aggressive in advertising like others. Their professionalism is noticeable and they have been in the CFD market for Latin America and now in the US for a long time. I hope they always stay that way.
    2022-12-20 05:50
    1
    0
    1
    ferry9313
    6-12months
    very fast and profesional regulated broker...
    2022-12-14 10:03
    Reply
    0
    1
    jane7051
    6-12months
    Can trade but can't withdraw money, both profit and capital. Contact support and say that it will be returned at 9.00-18.00, but when it's time, it's not possible. Sent an email since morning but didn't reply anything. (Now I have banned my account) 😡😡😡😡😡😡
    2022-12-05 21:30
    1
    0
    2
    FX3135994373
    more than one year
    I have been trading with JustMarkets this year and it has been a good broker to trade with. Always receiving my monthly statements as normal.
    2022-12-05 18:21
    Reply
    0
    1
    fallah07
    more than one year
    JustMarkets is compulsory to me to ranking us 5 start because this broker is ever and ever seen broker like this one low spread,fast deposit and also fast during withdraw your money
    2022-12-05 13:54
    Reply
    0
    1
    lanunbroker01
    6-12months
    very-very trusted broker..fast withdrawal fast deposit..very-very low spread..i love it!!!!
    2022-12-04 11:39
    Reply
    0
    0
    MrK6642
    6-12months
    nice, easy to use, fast depo & withdrawal. I like Kwd Money. 👍
    2022-11-26 01:35
    Reply
    0
    0
    FX1040110365
    more than one year
    Rich tradable instruments offered with tight spreads from just 0.1 pips on the leading MT5 platform, and you can enjoy such a good trading condition with just $100. However, the license they hold is from Cyprus Securities and Exchange Commission...
    2022-11-22 17:43
    Reply
    0
    0
    FX1026059027
    more than one year
    I made a buy order and it profited instantly but it also closed instantly, the trade went the exact direction I predicted, but it ended up in losses. How? Puzzle me. No broker is worth losing your money on, and I need my money back from this one. 🤯
    2022-11-22 15:41
    Reply
    0
    1
    一位小朋友
    more than one year
    Justmarkets is a good broker for me! First, although my operations with Justmarkets have not been smooth sailing, I have not found serious words either. Except when I had some bad habits, like trading on emotion. Furthermore, withdrawals and deposits are very easy.
    2022-11-18 15:05
    Reply
    1
    0
    FX1355090736
    6-12months
    Peace be upon you is possible
    2022-11-09 03:48
    Reply
    0
    0
    FX1355090736
    6-12months
    Hello
    2022-11-09 03:47
    Reply
    0
    0
    MrK6642
    6-12months
    nice broker, i like it. Fast withdraw, have bonus & more diversity kind of money. My acc using KWD money 👍
    2022-11-04 23:45
    Reply
    0
    1
    FX2265102990
    more than one year
    Been using for 3 weeks.. Small slippage, no withdrawal issue..
    2022-11-02 04:48
    Reply
    0
    2
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