JustMarkets Islamic Account offers Islamic swap-free trading on all 4 main trading account levels including Standard Cent, Standard, Pro, and Raw Spread. JustMarkets offers swap-free status by default to all applicable trading accounts created by clients in non-Islamic countries.
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 Islamic, Swap-Free Account – 7 Key Point Quick Overview
- ☑️JustMarkets at a Glance
- ☑️Overview
- ☑️JustMarkets Islamic Account
- ☑️How to open a JustMarkets Islamic 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 | support@justmarkets.com |
| 📞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 Islamic Account offers an Islamic, Swap-Free Forex trading account to representatives of the Islamic Faith. The Standard Cent, Standard, Pro, and Raw Spread accounts can be converted to a swap-free option with the assistance of the Support team.
JustMarkets Islamic Account
JustMarkets Islamic Accounts – A Comparison
| 🔎 Account | 🥇 Standard | 🥈 Pro | 🥉 Raw Spread | ✅ Standard Cent |
| 💰 Min. Deposit | $1 USD / R16 ZAR | $100 USD / R1600 ZAR | $100 USD / R1600 ZAR | $1 USD / R16 ZAR |
| 📈 Leverage | 1:3000 | 1:3000 | 1:3000 | 1:1000 |
| 📉 Spread from | 0.3 | 0.1 | 0 | 0.3 |
| 💳 Commission | No | No | ✔️ Yes | No |
| 🎉 Open an Account | 👉 Click Here | 👉 Click Here | 👉 Click Here | 👉 Click Here |
JustMarkets Standard Cent Islamic, Swap-Free Account
The Standard Cent account is designed with beginner traders in mind. The Standard Cent account is the perfect next step following Demo account trading without the need for a large deposit. The balance on the Standard Cent account is measured in cents. A JustMarkets Standard Cent account can be opened with a minimum deposit of USD 10 / 180 ZAR.
JustMarkets Standard Islamic, Swap-Free Account
The Standard account is the most popular account choice amongst clients. The Standard account includes a basic set of tools, tight spreads starting from 0.3 pips, and no commissions. A Standard account can be opened with a minimum deposit of USD 10 / 180 ZAR
JustMarkets Pro Islamic, Swap-Free Account
The JustMarkets Pro account is designed with experienced and professional participants in mind. Pro Traders can use any style of trading and the account is characterized by narrow spreads, high leverage, lack of commission, and no restrictions on the number of orders and volume.
Furthermore, the Pro account offers a wide range of trading instruments – 50+ currency pairs, indices, metals, and commodities. A JustForex Pro account can be opened with a minimum deposit of USD 100 / R1600 ZAR.
JustMarkets Raw Spread Islamic, Swap-Free Account
The JustForex Raw Spread account is created for dynamic trading. Perfect for market participants who prefer intraday, frequent inputs and outputs in combination with work on short timeframes. The JustForex Raw Spread account does come with a commission for transactions, but the spread is floating from 0.0 pips. A JustForex Raw Spread account can be opened with a minimum deposit of USD 100 / R1600 ZAR.
How to open a JustMarkets Islamic Account – Step-by-Step Guide
Step 1: Register
Locate the registration section by visiting the JustMarkets website.
Step 2: Register and open an account
The registration process is fast and secure. The Pro account is automatically opened, but you can open other accounts anytime.
Complete the registration form by providing personal information, including your name, email address, and phone number.
Step 3: Fund an account
JustMarkets offers a variety of payment methods, making the depositing process quick and simple.
JustMarkets will send you an email containing a verification link; select that link to validate your email address.
Include additional personal information and submit supporting documentation to verify your identity and place of residence.
Once verification is complete, select your preferred trading platform (MT4 or MT5) and the type of trading account (e.g., Cent, Standard, Pro, Raw Spread).
Next, funds can be deposited using one of the payment methods accessible to South African traders.
Step 4: Download a platform
You can choose between MT4 and MT5 trading platforms. You can also go web, desktop, or mobile—it’s up to you.
Step 5: Request Islamic Account
To move your Standard Cent, Standard, Pro or Raw Spread account into the group of the JustMarkets Islamic Account, you need to make a request to the support and get qualified help, and your accounts will be moved to the swap-free group in case you meet all the requirements.
Swap-free accounts allow the trader to escape the necessity of controlling the size of the currency discount rate all the time, and it makes trading more simple. Also, it helps to take into consideration the commission for transferring the position in advance while calculating the planned trading results.
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 invaluable 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
JustMarkets Islamic Account offers Islamic swap-free trading on all 4 main trading account levels including Standard Cent, Standard, Pro, and Raw Spread. JustMarkets offers swap-free status by default to all applicable trading accounts created by clients in non-Islamic countries.
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Frequently Asked Questions
Can Muslim traders from South Africa open a JustMarkets Islamic account?
Yes, JustMarkets does accept Muslim traders from South Africa who want to trade with a swap-free account.
What is JustMarkets?
JustMarkets is the brand name of JF Global Limited, which is a company registered in St. Vincent and the Grenadines.
What instruments can be traded with JustMarkets?
You can trade 150+ asset classes with JustMarkets incl: Forex, Stocks, ECN, Commodities, Indices, and Bonds.
Is JustMarkets regulated in South Africa?
JustMarkets accepts South African traders but is not regulated by the Financial Sector Conduct Authority in the country.
Are there additional charges on the Islamic account?
No additional charges on the Islamic account.
What is an Islamic trading account?
Trading accounts that are based on Islamic principles and where the receipt of interest (known as riba) is prohibited.
Do all brokers offer Islamic accounts?
No, check with your intended broker first about the availability of an Islamic trading account.
Are there any additional charges for converting a trading account to an Islamic Account?
JustForex does not charge any additional cost for converting a trading account to an Islamic account.
What are the most popular forex pairs to trade with Islamic accounts?
EUR/GBP, GBP/AUD, GBP/NZD, GBP/USD, AUD/NZD, and so forth.
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