Main Highlights and Features of JustForex
JustForex (Now justMarkets) is a broker that offers online trading services to both individual and institutional clients. It provides a wide range of financial instruments, including currencies, cryptocurrencies, indices, commodities, and metals. Here are some of the main highlights and features of JustForex:
1. Wide Range of Trading Instruments: JustForex offers a diverse selection of trading instruments, allowing traders to trade in various markets. Whether you are interested in Forex, cryptocurrencies, or commodities, JustForex has got you covered.
2. Multiple Account Options: JustForex offers several account types to cater to different trading needs and preferences. These include Standard, Pro, and ECN accounts, each with varying commission and spread options.
3. Competitive Spreads and Low Commissions: JustForex boasts competitive spreads, ensuring traders get the best possible prices for their trades. Additionally, the broker charges low or no commissions on certain account types, making it cost-effective for traders.
4. Leveraged Trading: JustForex provides leverage options ranging from 1:1 to 1:3000, allowing traders to amplify their potential profits. However, it’s important to note that leverage can also magnify losses, so it should be used with caution.
Top Recommended Platforms
Cryptocurrency assets are volatile in nature. Buy and trade at your own risk.
73% of retail investor accounts lose money trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Trading with financial instruments carries high level of risks that is not suitable for all investors. Before making any investment decisions, you should seek advice from independent financial advisor to ensure you understand the risks involved.
Trading with financial instruments carries high level of risks that is not suitable for all investors. Before making any investment decisions, you should seek advice from independent financial advisor to ensure you understand the risks involved.
5. MetaTrader 4 Platform: JustForex utilizes the popular MetaTrader 4 platform, which is renowned for its user-friendly interface and advanced trading tools. The platform is available on desktop, web, and mobile devices, ensuring traders can access their accounts anytime, anywhere.
Comparison Table: JustForex vs. Top Competitors
Here’s a comparison table of JustForex with FXOpen, EightCap, Fortrade, and Plus500 based on certain criteria:
| Criteria | JustForex | FXOpen | EightCap | Fortrade | Plus500 |
|---|---|---|---|---|---|
| Regulation | Regulated by IFSC (Belize) | Regulated by ASIC (Australia), FCA (UK) | Regulated by ASIC (Australia), VFSC (Vanuatu) | Regulated by FCA (UK) | Regulated by multiple authorities (FCA, CySEC, ASIC) |
| Trading Instruments | Forex, Cryptocurrencies, Metals, Indices, Commodities | Forex, CFDs, Cryptocurrencies | Forex, CFDs, Cryptocurrencies, Indices, Commodities | Forex, CFDs, Cryptocurrencies, Stocks, Indices, Commodities | Forex, CFDs, Cryptocurrencies, Stocks, Indices, Commodities |
| Minimum Deposit | $2 | $1 for Micro Account, $10 for ECN Account | $100 | $100 | $100 |
| Trading Platforms | MetaTrader 4, MetaTrader 5 | MetaTrader 4, MetaTrader 5 | MetaTrader 4, MetaTrader 5 | Fortrader, MetaTrader 4 | Plus500 WebTrader, Mobile App |
| Account Types | Standard Account, ECN Account, Crypto Account | Micro Account, ECN Account, STP Account | Standard Account, Raw Account | Individual, Joint | Individual, Joint |
| Commissions | Commission-based accounts available | Commission-based accounts available | Variable spreads, commission-based accounts available | Variable spreads, commission-free trading | Variable spreads, commission-free trading |
| Leverage | Up to 1:3000 | Up to 1:500 | Up to 1:500 | Up to 1:200 | Up to 1:300 |
| Demo Account | Available | Available | Available | Available | Available |
| Education and Research | Educational resources, video tutorials, market analysis | Educational resources, market analysis, economic calendar | Educational resources, market analysis | Educational resources, market analysis | Educational resources, demo tutorial, economic calendar |
| Customer Support | Email, phone, live chat | Email, phone, live chat | Email, phone, live chat | Email, phone, live chat | Email, phone, live chat |
| Additional Features | Social trading, Copy trading, VPS hosting | Social trading, PAMM accounts, VPS hosting | Autochartist, VPS hosting | Market analysis, Economic calendar | Price alerts, economic calendar, guaranteed stop orders |
Please note that the information provided is based on general knowledge and may be subject to change. It’s important to conduct your research and review the specific details of each broker before making a decision.
Fees and Pricing Structure
JustForex offers different account types with varying fee structures. Here is an overview of the fees and pricing structure:
1. Standard Account: This account type does not charge any commissions. Spreads start from 0.1 pips.
2. Pro Account: Traders using the Pro account are subject to a small commission per trade. Spreads start from 0 pips.
3. ECN Account: The ECN account has a competitive commission per trade in addition to interbank spreads starting from 0 pips.
It’s important to note that these fees and spreads may vary depending on market conditions and the chosen trading instruments.
Minimum Deposits
JustForex offers different minimum deposit requirements based on the chosen account type:
1. Standard Account: The minimum deposit for a Standard account is $1.
2. Pro Account: Traders opting for the Pro account need to make a minimum deposit of $100.
3. ECN Account: The ECN account requires a minimum deposit of $500.
It’s worth mentioning that these minimum deposit requirements are relatively low compared to many other brokers in the industry.
Safety Features
JustForex takes several measures to ensure the safety and security of its clients’ funds and personal information. Here are some notable safety features:
1. Segregated Client Accounts: JustForex keeps clients’ funds separately from its own operational funds, ensuring that traders’ deposits are secure.
2. Regulation: JustForex is regulated by the International Financial Services Commission (IFSC), which sets guidelines and monitors the broker’s activities.
3. Secure Website and Data Encryption: JustForex employs SSL encryption to protect sensitive client information, such as personal and financial data.
4. Investor Compensation Fund: JustForex is a member of the Investor Compensation Fund, which provides coverage for eligible clients in the unlikely event of bankruptcy or liquidation.
FAQs (Frequently Asked Questions)
1. Is JustForex a regulated broker?
– Yes, JustForex is regulated by the International Financial Services Commission (IFSC).
2. Can I trade cryptocurrencies with JustForex?
– Yes, JustForex offers a range of cryptocurrencies for trading, including Bitcoin, Ethereum, and Litecoin.
3. Can I access my JustForex account on my mobile device?
– Yes, JustForex provides a mobile version of the MetaTrader 4 platform, allowing traders to access their accounts on iOS and Android devices.
4. What is the maximum leverage offered by JustForex?
– JustForex offers leverage options up to 1:3000, depending on the account type and trading instrument.
5. What are the deposit methods available with JustForex?
– JustForex supports various deposit methods, including bank transfers, credit/debit cards, and popular e-wallets like Skrill and Neteller.
Conclusion
JustForex is a reputable broker that offers a wide range of trading instruments and account options. With competitive spreads, low commissions, and leverage options, it caters to traders of all levels. The use of the popular MetaTrader 4 platform ensures users have access to advanced trading tools and a seamless trading experience. Additionally, the broker’s safety features, including segregated accounts and regulation, instill confidence in traders. Overall, JustForex is a reliable choice for traders looking for a comprehensive and user-friendly trading environment.
