JustMarkets Review

JustMarkets is a broker for Forex and CFD trading. They use ECN and STP technologies. They offer over 260 trading options and can give leverage up to 1:300, depending on where the trader is. JustMarkets serves clients in more than 190 countries and won Best Broker in Asia at The Ultimate Best Brokers & B2B Fintech Awards 2022. They started in 2012. The company is expanding to provide transparent trading not just for currency, but also for other markets like indices, metals, energies, crypto, and stocks. In this review, we’ll check if JustMarkets is trustworthy or a scam.

JustForex used to be called JustMarkets Broker. It worked for a long time, only in offshore zones. It’s a website where you can trade CFDs online. They’ve been successful for over ten years. They really care about their customers. They made a system called the Three-Level IB Partner System. This helps their partners do good business with them.

🏢 Headquarters Cyprus
📅 Year founded 2012
🗺️ Regulation FSA (Seychelles), CySEC (Cyprus), FSCA (South Africa), FSCM (Mauritius)
💻 Trading platform: MT4 ((outside the EU), MT5 (For all countries)
💰 Account currency: USD, EUR, GBP – all countries, PLN – EU countries, and JPY, VND, MYR, ZAR, THB, IDR, KWD, CNY – countries outside the EU
📊 Accounts: Demo, Pro, and Raw Spread (in all countries), Standard Cent and Standard (outside the EU), Islamic
💵 Deposit: Primary methods: credit/debit cards, bank transfer, Neteller, Skrill – all countries
Additional: PayPal – EU Perfect Money, FasaPay, Sticpay, cryptocurrencies, local payment systems, wallets, and cards – other countries
💵 Withdrawal: Wire Transfer, Local Deposit, Local Transfer, Cryptocurrencies, Neteller, FasaPay, Skrill, Credit Card, PerfectMoney, Other Payment Providers, PayPal, Visa, Mastercard, SticPay, PayRetailers
🚀 Minimum deposit: $10
⚖️ Leverage: 1:3000 (FSA), 1:30 (CySEC ), 1:500 (FSCA), 1:3000 (FSCM)
☪️ Islamic account (swap free) Yes
🎮 Demo Account Yes
💱 Spread: Standard and Standard Cent – from 0.3 pips Pro – from 0.1 pips Raw Spread – from 0.0 pips
🔧 Instruments: Forex, indices, metals, energy, stocks, cryptocurrency pairs (not available in the EU)
📋 Orders execution: Market Execution
☎ Customer Support 24/7
📚 Education Provided
🌐 Countries not accepted for trade Australia, Canada, the EU and EEA, Japan, the United Kingdom, the United States of America, and countries sanctioned by the EU.


We compared JustMarkets to other popular brokers like Exness, HotForex, XM, OctaFX, and FBS. We’ve found that JustMarkets has competitive fees and fixed rates. The fees you pay for trading can change based on the type of account you have, the trading platform you use, and what you’re trading. Except for the Raw Spread account, which charges 3 units of the base currency per lot/side, the broker doesn’t ask for commission fees. Instead, they use spreads, which are tight and can vary.

For the Standard Cent and Standard accounts, spreads start at 0.3 pips. For Pro accounts, spreads start at 0.1 pips. Customers with Raw Spread accounts enjoy spreads starting from 0 pips. The average live spreads on major forex pairs, like GBP/USD and EUR/USD, are around 0.7 pips and 0.6 pips, respectively, depending on the type of account. Spreads on indices, such as NASDAQ 100 and Volatility 75 index, are offered at 1.0 point.

Pros and Cons

Pros Cons
Follow rules in four places, including in the European Union. People from the European Economic Area (EEA) can’t use “cent accounts” or trade on MT4 platforms.
Offers lots of different things to trade, like currency pairs and CFDs on stocks. You can’t put money into your account instantly with a card, but they add it to your account within 30 minutes.
They have low differences in prices and the fees for trading small amounts are good on ECN accounts. If something goes wrong and you need money back from the investor compensation fund, only people from EU countries can get it.
They teach beginners really well. There is no email communication form on their website.
Prices start at 0 pips. Instant card deposits are not supported but the good thing is that funds credited to the wallet balance within 30 minutes;
They let you borrow money to trade, up to 1:3000. (But if you’re a normal person, you can only borrow up to 1:30 on their website, JustMarkets.eu.) Financial instruments might be different depending on the regulation.
They use the classic MetaTrader platforms.
They have ways for you to make money without doing anything.
They have programs where you can get bonuses and partners with good terms.

JustMarkets Regulation and Security

JustMarkets Ltd is a company registered in Cyprus. It’s allowed to do investment activities and is overseen by the Cyprus Securities and Exchange Commission (CySEC). They have a license number 401/21. JGM International Pty Limited is looked after by the Vanuatu Financial Services Commission (VFSC). JustMarkets Ltd, also supervised by CySEC, shares the same license number 401/21. Just Global Markets Ltd is supervised by the Seychelles Financial Services Authority (FSA) under Securities Dealer Licence number SD088. Which company you’re connected to depends on where you live.

While there are some protections for retail traders, like safeguarding against losing more money than you have and keeping your money separate from the company’s, the highest level of regulation isn’t present across all the branches. Because they’re based offshore, you might not get as much help or protection as you would with other brokers. Just Global Markets Ltd doesn’t offer services to people living in certain places, including Australia, Canada, the EU and EEA, Japan, the UK, and the USA. Make sure to check the latest information about where they’re allowed to operate.

Is JustMarkets Legit and Safe?

Yes, JustMarkets is a legit and regulated broker. Because we’ve already tested and it has won great. Yes, JustMarkets is a trustworthy and regulated broker. We’ve tested it and customers like it. It’s a reliable Forex trading broker that follows rules set by the South African FSCA and European CySEC. It also has extra licenses. Over 2300 people wrote good reviews about it on Trustpilot. They gave it a rating of 4.8 out of 5. This means JustMarkets cares about its customers a lot.

In our research, we found out that JustMarkets has rules to protect clients’ money. They keep it separate from the company’s money and don’t use it for everyday business. Also, they have negative balance protection. This stops traders’ accounts from going into debt when the market is crazy or something unexpected happens.


At JustMarkets, depending on your account type and where you live, you can use high leverage, up to 1:3000. For EU retail traders, the leverage is up to 1:30, and for pro traders, it’s up to 1:300. This lets you use different trading plans without needing lots of money upfront. As you deposit more funds, the broker lowers the leverage to reduce the risk of big losses. You can find out more about leverage and use a margin calculator on the company’s website.

Deposits and Withdrawals

When you want to deposit money into your trading account, the broker gives you different ways to do it. You can use bank transfers, credit or debit cards, and online payment systems like Skrill, Neteller, or Perfect Money. However, the rules and limits for each way might be different depending on your bank and where you live.


To start trading with the broker, you have to put in at least $10 for a Standard account in the South African part of the company. This is a pretty good deal.


If you want to withdraw your money, it’s easy and fast with JustMarkets. They usually process withdrawal requests within 1-2 hours for most methods.

Account Types

When we looked at the broker’s different account types, we saw that on MT4, traders can choose from Standard Cent, Standard, Pro, or Raw Spread accounts. On MT5, the available account types are Standard, Pro, and Raw Spread. Also, traders at JustMarkets can change their trading accounts into Islamic or swap-free accounts if they want. However, the types of accounts you can get might change depending on the specific entity. So, it’s a good idea to do thorough research to understand all the options available. Also, new traders can get a demo account for free. This lets them practice trading and try out different strategies.

Trading Platforms

JustMarkets gives you two great trading platforms: MetaTrader 4 and MetaTrader 5. You can download them for free on your Windows or Mac computer, or use them online. With JustMarkets, you can also copy successful traders automatically. Our experts say both platforms are good for beginners. We suggest starting with paper trading to learn how they works.

Customer Service

The broker is here to help you whenever you need it, like 24/7; they’re available. You can reach us any time, day or night, through Live Chat, Email, Phone, or Social Media. Our team of experienced trading specialists can assist you with anything you need, like technical problems, advice on market analysis, answering questions, or any other concerns you may have.

JustMarkets Education

We saw that the broker has a lot of educational materials on its website like webinars, Forex articles, videos, daily forecasts, an economic calendar, market news, and more. Also, JustMarkets lets traders use a demo account to practice trading without risking real money.


In conclusion, after reviewing JustMarkets, we find it to be a good choice for Forex and CFD trading. It provides a safe and competitive trading environment. The broker has obtained proper licenses and expanded its presence globally, making it a reliable option. JustMarkets continually improves its trading conditions, offering low spreads, reduced commissions, and a wider range of trading tools including Majors, Minors, Indices, Stocks, Metals, and Energies. The availability of platforms like MT4 and MT5 enhances the trading experience. However, it’s important to conduct your research and consider your personal trading requirements before choosing JustMarkets.


Is JustMarkets trustworthy or a scam?

JustMarkets follows strict security rules and protects against negative balances. Our experts are sure that JustMarkets is not a scam. The Cyprus Securities & Exchange Commission (CySEC) also regulates the EU entity.

Is JustMarkets regulated?

Yes, JustMarkets is regulated. The FSCA, CySEC, FSA, and FSC regulate JustMarkets.

Is JustMarkets regulated in South Africa?

Yes, JustMarkets is licensed by South Africa’s Financial Sector Conduct Authority (FSCA), ensuring compliance with local financial laws.

How long does it take to withdraw from JustMarkets?

Withdrawals usually take at least one hour, depending on the payment method. However, it can take up to 6 banking days for withdrawals to complete.

Does JustMarkets offer a demo account?

Yes, JustMarkets offers a demo account with up to $5 million in virtual credit. To open an account, users need to provide basic details, such as an email address.

How much money do I need to start trading with JustMarkets?

JustMarkets requires a minimum deposit of $1 on Standard Cent and Standard accounts, and $100 on Pro and Raw Spread accounts. This makes it a good choice for beginners.

JustMarkets Licenses

Just Global Markets (PTY) Ltd  Authorized by FSCA ( South Africa) license no 51114
Just Global Markets Ltd. Authorized by FSA (Seychelles) license no SD088
JustMarkets Ltd Authorized by CySEC (Cyprus) license no 401/21
Just Global Markets (MU) Limited Authorized by FSC (Mauritius) license no GB22200881


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