JustMarkets Demo Account does offer a free demo trading account for beginners to start training on. Practice forex trading in a 100% risk-free environment. The demo account expires after 30 days. Traders with JustForex demo accounts can make the Demo account Live at any time.
Min Deposit
USD 10
Regulators
FSA, CySEC, FSCA, FSC
Trading Platform
MT4, MT5, MT4/5 WebTrader, mobile (iOS & Android)
Crypto
No
Total Pairs
50+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
JustMarkets Demo Account – 7 Key Point Quick Overview
- ☑️JustMarkets at a Glance
- ☑️Overview
- ☑️JustMarkets Demo Account
- ☑️How to Open a JustMarkets Demo Account – Step-by-Step Guide
- ☑️Customer Reviews
- ☑️Pros and Cons
- ☑️Frequently Asked Questions
JustMarkets at Glance
| 🔎 Broker | 🥇 JustMarkets |
| 🗓Year Founded | 2019 |
| 👥Amount of Staff | Information not publicly disclosed |
| 🧑🏽🤝🧑🏽Amount of Active Traders | Information not publicly disclosed |
| 📌Publicly Traded (Listed Company) | No |
| Regulation and Security | |
| 🛡️Regulation | Regulated by multiple authorities |
| 🏦Country of Regulation | Belize, Vanuatu |
| 💴Account Segregation | Yes |
| 🔑Negative Balance Protection | Yes |
| 📑Investor Protection Schemes | Not specified |
| Account Types and Features | |
| 👤Institutional Accounts | No |
| 📒Managed Accounts | No |
| 📋Minor Account Currencies | Multiple including USD, EUR, GBP, JPY, AUD, etc. |
| 🪙Minimum Deposit | USD 10 / 180 ZAR |
| Trading Conditions | |
| 💷Average Deposit/Withdrawal Processing Time | 1-3 business days for withdrawals |
| 💵Fund Withdrawal Fee | Varies by payment method and region |
| 📉Spreads From | 0.0 pips |
| 📈Commissions | Varies by account type and instrument |
| 💹Number of Base Currencies Supported | 20+ |
| 📊Swap Fees | Varies by instrument and account type |
| ↪️Leverage | Up to 1:1000 |
| 📌Margin Requirements | Varies by instrument and account type |
| ☪️Islamic Account (Swap-Free) | Yes |
| 🆓Demo Account | Yes |
| ⏰Order Execution Time | 0.1-0.3 seconds |
| 📲VPS Hosting | Available upon request |
| Trading Instruments | |
| 📍CFDs-Total Offered | 1,000+ |
| 📍CFD Stock Indices | Yes |
| 📍CFD Commodities | Yes |
| 📍CFD Shares | Yes |
| Deposits and Withdrawals | |
| 💳Deposit Options | Bank transfer, credit/debit cards, e-wallets |
| 🪙Withdrawal Options | Bank transfer, credit/debit cards, e-wallets |
| Trading Platforms and Tools | |
| 🖥️Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| 📱OS Compatibility | Windows, macOS, iOS, Android |
| ⚙️Forex Trading Tools | Economic calendar, trading calculators, charting tools |
| Customer Support | |
| 🗣️Live Chat Availability | Yes |
| 📧Customer Support Email Address | [email protected] |
| 📞Customer Support Contact Number | Varies by region |
| 🖥Social Media Platforms | Facebook, Twitter, LinkedIn, |
| 🔖Languages Supported on JustMarkets Website | 10+ |
| Educational Resources and Support | |
| 📜Forex Course | No |
| 🖥Webinars | Yes |
| 📚Educational Resources | Articles, guides, and videos |
| Partnerships and Programs | |
| 🤝Affiliate Program | Yes |
| 👥Amount of Partners | Varies |
| 🗂IB Program | Yes |
| ❓Do They Sponsor Any Notable Events or Teams? | Not specified |
| ✅Rebate Program | No |
| 🚀 Open a account | 👉 Open Account |
Overview
JustMarkets (previously known as JustForex) is a multi-asset broker established in 2012, and we cannot endorse it. One of our main concerns about the broker is that its governing body has poor supervision of other brokerages of similar kinds.
Besides, we have received several reports from traders who have been unable to withdraw their funds, so we advise them to tread cautiously. The seven live accounts offered by JustMarkets on its MT4/MT5 trading platforms require only 10 USD as a minimum deposit, and the spreads begin as low as 1.0 pip in the Cent Account, which is most suitable for beginners (EUR/USD).
In addition, trading expenses are reduced further by switching to Pro accounts and Raw Spread accounts. The Pro Accounts start at 0.6 pips for all currency pairs, while the minimum spreads start from 0 pips (EURUSD). However, a commission of 6 dollars per round turn is required when a Raw account is involved. Finally, both Pro and Raw accounts must have an initial deposit of at least US$100 each time they are opened.
Furthermore, the broker distinguishes itself with a great no-deposit bonus that attracts both beginner and experienced traders.
Beginners should know that the broker also offers extreme leverage of up to 3000:1, which can quickly wipe out many beginner accounts.
JustMarkets Demo Account
JustMarkets Demo accounts are designed to teach Forex trading. The Demo Accounts are similar to real accounts as the user will trade using the same terminal, see the actual situation in the market, and get real quotes. However, this will all be done through the use of virtual money. No deposit is needed and the environment is risk-free.
How to Open a JustMarkets Demo Account – Step-by-Step Guide
Step 1: Register
Firstly, the applicant will need to register to gain access to the “Back Office”.
Step 2: Fill in the Form
Fill in your Residence, email, and Password.
Step 3: Click “My accounts.”
After the registration process has been completed, the applicant will be automatically redirected to the Back Office, where they can open their first account. In the “Account Operations” menu, click “My accounts.”
Step 4: Open a New Account
The applicant must make sure they are on the “Demo” page in the “Trading account” section before clicking “Open New Account”
Step 5: Select an Account
Here, the applicant will be able to select their desired account type on the preferred platform page in the “Open New Account” section and click the “Try Demo” button.
Step 6: Set Up
The applicant will now be required to set the account currency, set the leverage, create a password, and note the desired account balance. Once this is done, the applicant can click on the Create Account button.
Customer Reviews
🥇 Fantastic.
I only have one word to characterize my commitment to working with you for the rest of my life: fantastic! Your services are remarkable, and the integrity of your organization places it at the forefront of the financial sector. – Zara Moller
🥈 Excellent Support.
Iris was exceptionally helpful throughout my recent query. Not only did she respond quickly to my issues, but her advice was thorough and compassionate. She was professional and played a critical part in resolving the situation at hand. Her courteous demeanor significantly sped up the entire procedure. – Thabo van Der Merwe
🥉 Best Broker
This is one of the best brokers. I give it a solid 5-star rating for deposit and withdrawal efficiency. They are also excellent communicators, contacting you promptly and proposing mutually beneficial alternatives in case of an issue. – Benjamin Mkhize
Min Deposit
USD 10
Regulators
FSA, CySEC, FSCA, FSC
Trading Platform
MT4, MT5, MT4/5 WebTrader, mobile (iOS & Android)
Crypto
No
Total Pairs
50+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Pros and Cons
| ✅ Pros | ❌ Cons |
| MAM accounts | US clients not accepted |
| Supports social trading | High Spreads |
| excellent Education |
Conclusion
Overall, JustForex does offer a free demo trading account for beginners to start training on in a 100% risk-free environment.
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Frequently Asked Questions
What is a demo account in forex trading?
It is a practice account that lets traders explore the broker’s offering without running the risk of losing real money.
What is the difference between a demo and a 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.
Does JustForex offer a demo account?
Yes. Learn more about the JustForex demo account here.
What is the use of a demo trading account?
A demo account can be used for a variety of reasons including practice trading, testing trading strategies, exploring platforms and offers, and more.
For how long is the JustForex demo account valid?
It can be used indefinitely, however, if the balance is below 1 USD or the account becomes dormant for more than 90 days, it will be archived.
Are demo accounts only intended to be used by beginner traders?
No, more advanced traders can also benefit from demo accounts by using them to explore what the broker has to offer.
Which live trading accounts does JustForex offer?
MetaTrader 4 account types include:
- Standard Cent Account
- Standard Account
- Pro Account
- Raw Spread Account
The MetaTrader 5 account types include the following:
- Standard Account
- Pro Account
- Raw Spread Account
What are the available deposit currencies for a live trading account?
JustForex offers a wide variety of deposit currencies across multiple payment methods, with each method supporting its own currency. However, holistically, traders can expect the following deposit currencies:
- USD
- EUR
- GBP
- SGD
- JPY
- ZAR
- AED
- BRL
- CHF
- MXN
- NGN, and numerous others.
