JustMarkets Review in Jan. 2024

Published on 17/01/2024
Fact checked 17/01/2024

TrustedBrokers Score

4.0 / 5
Margin trading in the financial markets is speculative and implies a high level of risk, including full loss of deposit.
  • Markets
    3.9 / 5
  • Trading environment
    4.5 / 5
  • Deposits and withdrawals
    4.8 / 5
  • Investor protection
    4.5 / 5
  • Customer service
    2.3 / 5
Our take on JustMarkets

Trade CFDs on over 250 instruments with high leverage through JustMarkets.com. JustMarkets accepts all trading styles and Expert Advisors on MetaTrader 4 and 5. It provides a good trading environment, but customer support is underwhelming.

JustMarkets offers trading accounts for traders both new and experienced. Its Standard and Standard Cent accounts, designed with beginners in mind, have a low US$10 minimum deposit. Its Pro and Raw Spread accounts will appeal to day traders and scalpers.

With JustMarkets, you can open a trading account in USD, EUR, GBP, JPY, MYR, IDR, THB, VND, KWD, CNY, and even ZAR. If possible, open a trading account in your currency to avoid currency conversion fees. Notably, JustMarkets charges no fees on deposits or withdrawals.

Our withdrawals have generally been processed swiftly. However, our first bank withdrawal took several weeks because of an error by its payment provider. During that period, customer support was slow to respond and acknowledge the underlying problem.

  • Likes
  • Flexible leverage up to 1:3000.
  • All trading strategies and EAs are allowed on MT4/5.
  • You can also trade on raw spreads, plus commission.
  • No fees on deposits or withdrawals.
  • Dislikes
  • No access to an investor compensation fund as this broker is incorporated in the Seychelles.
  • Withdrawals can go missing.
  • Customer support is underwhelming.

Easily navigate this review:

3.9 / 5
Markets

Trade CFDs on over 250 currencies, cryptocurrencies, stocks, indices, energies and metals in an ECN trading environment. JustMarkets offers fewer instruments in aggregate than other brokers, but enough to satisfy most traders.

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4.5 / 5
Trading environment

JustMarkets offers a broad range of accounts for beginners and experienced traders, from a Cent account to a Raw spread account. It accepts all trading styles on MetaTrader 4 and 5, and places no restrictions on Expert Advisors.

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4.8 / 5
Deposits and withdrawals

JustMarkets accepts a wide range of payment methods, and charges no fees on deposits and withdrawals.

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4.5 / 5
Investor protection

JustMarkets.com services clients through two entities: one incorporated in Cyprus and another in the Seychelles. You'll enjoy negative balance protection, which means that you cannot lose more money than you deposit, whichever entity you open an account with.

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2.3 / 5
Customer service

Customer service is available in English, Indonesian and Malaysian over email, phone and messaging apps such as Telegram and WhatsApp. We've been disappointed by our interactions with this broker's customer service team. Answers provided were templated and often late.

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Author

About the author

I'm St├ęphane, a trader and an entrepreneur. My mission with TrustedBrokers is to help you find the right broker for you, whether you're a beginner or a pro. I've personally used and tested the brokers on our service, opening and funding real-money accounts, contacting customer service and placing trades. I started my career in investment banking in London.