JustMarkets Review – Benzinga

For traders and investors in Asia, Africa, Latin America or Europe, JustMarkets is an international online broker rebranded from Justforex. JustMarkets is available in over 200 countries. Benefits include a wide range of assets, four different account types and MetaTrader features. JustMarkets won “Best Broker in Asia” from The Ultimate Best Brokers and B2B Fintech Awards in 2022 and “Best Broker in Africa” from UF Awards in 2023.

JustMarkets has websites to serve clients from different regions and under existing licenses of the group offers various services such as reception, transmission and execution of client orders, portfolio management, investment advice, and ancillary services. You can utilize JustMarkets for currency pairs, indices, shares and commodities trading in Europe on justmarkets.eu and in other countries on justmarkets.com. Read on to see if JustMarkets operates in your country and how it stacks up with other investment brokers.

JustMarkets is a multi-asset contract for difference (CFD) online broker. JustMarkets offers the MetaTrader 4 and MetaTrader 5 platforms. Traders have access to four types of accounts, most of which are available on both trading platforms. The forex platform offers 170 trading instruments, including currency pairs and precious metals. It has order execution from 0.01 seconds and allows numerous trading strategies, including expert advisors, intraday trading, hedging and scalping. JustMarkets allows customers to leverage from 1:1 to 1:3000 (depending on the jurisdiction).

JustMarkets offers 24/7 customer service in three languages, English, Indonesian and Malaysian. Email response time is usually under 48 hours. It scores well in responsiveness and customer service on TrustPilot, with a 4.8 out of five-star rating overall. Benzinga would give it a 5-star rating with additional customer service languages to serve its international clients.  

Here’s how to reach JustMarkets:

For clients of Seychelles FSA regulated company Just Global Markets Ltd.:

• support@justmarkets.com 
• Phone: +248 4632027
• You can also reach the team via Live Chat, Telegram, Viber, Facebook Messenger, Instagram and iMessage

For clients of CySEC regulated company JustMarkets Ltd: 

• support@justmarkets.eu
• Phone: +357 25 351 514
• You can also reach JustMarkets via Live Chat.

Security encompasses financial safety and data security. JustMarkets scores high on both. JustMarkets is a licensed and regulated broker through the Seychelles Financial Services Authority (FSA), the Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA) in South Africa and the Financial Services Commission (Mauritius). This means it must comply with financial regulations in these four jurisdictions. 

In addition, JustMarkets gets its liquidity from top providers in the industry by their reputation and reliability, meaning it must comply with high-security standards to protect clients. More critically, JustMarkets’ client funds are segregated so that the company’s and clients’ funds don’t mix.

Other security measures that JustMarkets implements include:

• Data transfer protection via SSL
• PCI DSS security standard
• Negative balance protection
• Multi-server infrastructure
• Data storage protection via encryption

Depending on jurisdiction JustMarkets requires only a $1 initial investment. You may be eligible for a $30 bonus, meaning JustMarkets has one of the lowest barriers to entry of any forex trading platform. In addition, it offers:

The JustMarkets app in the Google Play store has over 100,000 downloads. On the Apple Store, it has three reviews with an average of 2.3 stars out of five stars. It gets 4 stars because of the many downloads on the Google Play store, no costs of entry (the app is free) and its compatibility with Android and Apple systems. It loses a point for the low reviews (and presumed early-development glitches) on the Apple platform.

JustMarkets is easy to use. Satisfied customers praise it for fast withdrawals within 24 hours, ease of use, low initial investment and simplicity of copy trading. However, a small percentage of customers complained of pushy or manipulative online brokers. To protect yourself, make sure you understand forex trading before jumping in.

JustMarkets is not available in certain jurisdictions, including but not limited to Australia, Canada, Japan, the United Kingdom, the United States of America, Iran, North Korea, Myanmar and some EU countries.

JustMarkets has a few competitors like Pepperstone, XTB and XM Group. Compared to these competitors, XM has a higher minimum deposit, but JustMarkets has a low minimum deposit ($1) and a $30 bonus, making it the most valuable for a low investment amount. In addition, the FX spread EUR to USD is the lowest for JustMarkets, 0.6 pips, compared to 0.07 to 0.8 pips for competitors. JustMarkets also uses the MT4 and MT5 trading platforms, comparable to Pepperstone and XM but different from XTB’s xStation trading platform. JustMarkets offers significant benefits and a competitive edge.

JustMarkets has 90% 5-star reviews and only 3% 1-star reviews, with an overall rating of 4.8 stars (over 2,000 reviews), according to Trustpilot.

JustMarkets is a solid choice for forex trading and online broker accounts. With low fees, a low barrier to entry, excellent customer service, fast transfers and trades and a large following globally, JustMarkets is an established, trusted global broker.