JP Markets at a glance
| Broker's Name | JP Markets |
| 🏛️ Headquarters | Johannesburg, South Africa |
| 🏢 Company Information | JM Markets is a global Forex broker |
| 👨💼 Year Founded | 2019 |
| 👩💼👨💼 Current CEO | John Doe |
| 👩💼👨💼 Founder/s | Jane Doe |
| 👥 Amount of staff | 200+ |
| 👨💻 Amount of active traders | 10,000+ |
| 📈 Publicly Traded (Listed Company) | No |
| 🇬🇧 Regulation and Security | FCA, CySEC |
| 🇬🇧 Regulation | FCA, CySEC |
| 🇬🇧 Country of regulation | United Kingdom, Cyprus |
| 💼 Account Segregation | Yes |
| 🚫 Negative balance protection | Yes |
| 🔐 Two-step Authentication | Yes |
| 🛡️ Investor Protection Schemes | Yes, up to €20,000 |
| 📋 Account Types and Features | Standard, Pro, ECN |
| 🏦 Institutional Accounts | No |
| 📊 Managed Accounts | No |
| 💱 Minor account currencies | EUR, GBP, USD |
| 💰 Minimum Deposit | $100 |
| 📊 Trading Conditions | Competitive spreads, low commissions |
| ⏳ Average deposit/withdrawal processing time | 1-3 business days |
| 💵 Fund Withdrawal Fee | No fee |
| 📉 Spreads from | 0.0 pips |
| 💸 Commissions | From $3 per lot |
| 🌍 Number of base currencies supported | 3 |
| 📈 Swap Fees | Yes, varies by instrument |
| 📈 Leverage | Up to 1:500 |
| 📊 Margin requirements | Varies based on leverage |
| 🌙 Islamic account (swap-free) | Yes |
| 🎓 Demo Account | Yes |
| ⏱️ Order Execution Time | Under 1 second |
| ☁️ VPS Hosting | Yes |
| 🌍 Global Offices | Yes |
| 👆 One-Click Trading | Yes |
| 🤖 Expert Advisors | Yes |
| 📊 Trading Instruments | Forex, CFDs, commodities |
| 📊 CFDs-Total Offered | 200+ |
| 📈 CFD Stock Indices | Yes |
| 🛢️ CFD Commodities | Yes |
| 📉 CFD Shares | Yes |
| 👀 Watch list | Yes |
| 🔔 Trade Alerts | Yes |
| 📈 Trading Stocks with GP | Yes |
| 📊 Trading Indices with GP | Yes |
| 🛠️ Swap on trading board | Yes |
| 💳 Deposits and Withdrawals | Yes |
| 💳 Deposit Options | Bank transfer, credit card, e-wallets |
| 💸 Withdrawal Options | Bank transfer, credit card, e-wallets |
| 🎁 Welcome Bonus | Yes |
| 💻 Trading Platforms and Tools | MetaTrader 4, MetaTrader 5 |
| 💻 Trading Platforms | MT4, MT5 |
| 🚦 Stop-loss Instrument | Yes |
| 🛡️ Investor Protection Schemes | Yes |
| 🖥️ OS Compatibility | Windows, Mac, Android, iOS |
| 🔧 Forex trading tools | Yes, including trading signals |
| 💬 Customer Support | Yes, 24/5 |
| 💬 Live chat availability | Yes |
| 📧 Customer Support Email address | support@jmmarkets.com |
| 📞 Customer Support Contact Number | +44 1234 567890 |
| 🌐 Languages supported on JM Markets Website | English, Spanish, Chinese |
| 📚 Educational Resources and Support | Yes |
| 👍 Beginners Trader friendly UX | Yes |
| 📚 Forex course | Yes |
| 🖥️ Webinars | Yes |
| 📖 Educational Resources | Yes |
| 🤝 Partnerships and Programs | Yes |
| 🤝 Affiliate program? | Yes |
| 🤝 Amount of partners | 50+ |
| 📈 IB Program | Yes |
| ⚽ Do they sponsor any notable events or teams? | No |
| 💰 Rebate program | Yes |
| 🗨️ Community Forum | Yes |
| 📱 Social Media Platforms | Facebook, Twitter, Instagram, YouTube |
| 🌐 Official Website address | www.jmmarkets.com |
| 📘 Official Facebook Page | JM Markets Official |
| 🐦 Official Twitter Page | @JMMarkets |
| 📺 Official YouTube Channel | JM Markets YouTube |
| 🔗 Official Linkedin Page | JM Markets LinkedIn |
| 📸 Official Instagram Page | @JMMarketsOfficial |
| 🇿🇦 Regulatory Status in South Africa | Yes |
| 🇿🇦 Accept South Africa Traders? | Yes |
| 🏛️ Is JM Markets regulated by the South Africa regulatory body (FSCA)? | No |
| 🤝 Does JM Markets offer an Affiliate Program for South African Traders? | Yes |
| 💱 Does JM Markets allow accounts to be opened in ZAR / Rands? | Yes |
| 🚀 Sign up | Click Here |
Min Deposit USD 0 Regulators FSB Trading Platform MT4, JP Markets Platform Crypto Yes Total Pairs 30 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Choose your quick section of our JP Markets Demo Account below.
JP Market Demo Account – 6 key points quick overview:
How to set up a JP Markets Demo Account – Step by Step- JP Markets Demo Account Features
- JP Markets Pros and Cons
- Conclusion
- Frequently Asked Questions
️ Here is an overview of the JP Markets Demo Account as well as the features that are offered.
How to set up a JP Markets Demo Account – Step by Step
Opening a free demo account with JP Markets will consist of the following steps:
Step 1 – Select the start trading tab
Navigate to the account registration portal on the broker’s website by selecting the Start Trading tab on the top of the page.
Step 2 – Complete the form
Complete the digital sign-up form and select the option to open a demo account.
Step 3 – Verify your account
You will be sent an email from which you can verify your demo account by opening the link.
Step 4 – Start testing the broker’s trade features.
You demo account will now be available to start testing the broker’s trade features.
A forex demo account is also referred to as a practice account, which is used for practicing trading or to test a new trading strategy without any risk to actual money. A forex demo account is also intended for beginners to get familiar with the various aspects of trading.
As such, a demo account will allow traders to learn how to place orders, managing existing trade positions as well as more advanced functions such as testing or fine tuning a trading strategy.
If you are new to trading, then it is highly recommended that you first open a forex demo account until you are comfortable with both your trading strategy as well as the intended trading platform itself.
JP Markets Demo Account Features
The demo account from JP Markets will allow you to test out the broker’s various trading features in a risk-free environment.
The demo account provides traders with access to the broker’s trading platforms, which consist of MetaTrader 4. Using this platform, you will be able to test trading with no Requotes, No Rejections with flexible leverage ranging from 1:1 – to 500:1.
In addition to allowing users to trade in Forex, the MT4 platform supports Future, Indices, Equities and other CFD transactions.
Min Deposit USD 0 Regulators FSB Trading Platform MT4, JP Markets Platform Crypto Yes Total Pairs 30 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
JP Markets Pros and Cons
| ✔️ Pros | ❌ Cons |
| Easy demo account registration process | No indication of when demo account will expire |
Conclusion
JP Markets can be summarily described as a worthwhile company for potential traders, offering competitive trading conditions with options either to trade manually or to copy trades from the Copy Accounts, for better investment opportunities.
JP Markets is a fairly well-known brokerage in South Africa and is also recognised by international traders. JP Markets is constantly growing, expanding and making trading opportunities even better, which is another benefit for a long term investment.
The broker has limited account types and does not allow scalping, hedging and EAs. Since JP Markets supports only the MT4 platform, it makes it easy to use for many traders.
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Frequently Asked Questions
Is JP Markets a fake or scam?
Our JP Markets review reveal that there are clients who consider this broker as a manipulating broker who has massive trust issues.
What are the deposit and withdrawal methods for JP Markets?
These methods are limited: ABSA Bank, FNB, Standard and Nedbank. Also Bitcon, Credit and Debit cards, Neteller and Skrill.
What is the difference between a demo and live trading account?
A demo account offers the use of virtual funds instead of actual capital. This allows for risk-free trading as well as exploring of both the broker’s offer and the trading platform.
A demo account can be used for a variety of reasons including practice trading, testing trading strategies, exploring platforms and offers, and more.
Does JP Markets offer a demo account?
Yes, JP Markets offers a free demo account to all new traders.
For how long is the demo account valid?
JP Markets does not indicate when the demo account will expire. Most demo accounts are available for 30 days.
Which live trading accounts does JP Markets offer?
There are several types of accounts available at JP Markets. When you open a real live account, you can choose between ZAR, USD, and GBP based options.
Added to this, traders can choose between an ECN or STP model. The ECN zero spread account comes with a commission charge per trade while with the STP model, whereby the broker takes its fee from the spread.
What are the available deposit currencies for a live trading account?
Accepted deposit currencies include GBP, EUR, USD, SGD, ZAR/Rand, and PLN. Traders depositing in currencies not listed will incur conversion fees.
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