JustMarkets Account Types Review

  JustMarkets Account Types provides six different account types - Standard Cent, Standard, Pro, Raw Spread, Islamic, and Demo. JustMarkets accounts can be opened with a minimum deposit amount ranging from $10 USD / R160 ZAR.  

💰 Min Deposit: $10
📈 Leverage: Up to 1:3000
🏦 Regulators: FSA, CySEC, FSCA, FSC
 

JustMarkets Account Types - Key Point Quick Overview

  1. ☑️Overview
  2. ☑️JustMarkets Account Types and Features
  3. ☑️How to Open a JustMarkets Account
  4. ☑️JustMarkets Customer Reviews
  5. ☑️Pros and Cons
  6. ☑️Conclusion
  7. ☑️Frequently Asked Questions

 

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 a similar kind.
  • 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).

   

JustMarkets Account Types and Features

🔎 Live Account💴 Minimum Dep.📝Sign up💵 Commissions💶 Average Trading Cost
🥇 MT4 Standard Cent190 ZAR👉 Open AccountNone3 USD
🥈 MT4 Standard190 ZAR👉 Open AccountNone3 USD
🥉 MT4 Pro1,900 ZAR👉 Open AccountNone1 USD
🏅 MT4 Raw Spread1,900 ZAR👉 Open Account$6 per turn6 USD
🎖️ MT5 Standard190 ZAR👉 Open AccountNone3 USD
🏆 MT5 Pro1,900 ZAR👉 Open AccountNone1 USD
🥇 MT5 Raw Spread1,900 ZAR👉 Open Account$6 per turn6 USD
 

MetaTrader 4 Standard Cent Account

  • This account is excellent for South African novices. It allows trading in micro-lots and uses pennies as the foundation currency, lowering risk dramatically.
  • The MT4 Standard Cent account is ideal for new forex traders because it allows them to play with lower sums and study market dynamics without taking on significant risk.

 

🔎 Account Feature↪️ Value
💴 Minimum Deposit190 ZAR
💵 Account Base CurrencyUSC
📈 Maximum leverage up to1:3000
💶 Commission chargesNone
Swap-free optionYes
📉 Average spreads from0.3 pips
📊 Minimum order size0.01 cent lot
💹 Maximum order size1,000 cent lots
📌 Maximum orders100
📍 Margin Call40%
⛔ Stop-Out20%
▶️ Trade Execution MethodMarket Execution
⏩ Pricing FormatFifth Decimal Pricing
📑 Contract Size1 lot = 1,000 base currency units
📇 Trading Instruments Available33 Forex Pairs 4 Metals
📝Sign up👉 Open Account
 

MetaTrader 4 Standard Account

  • The MT4 Standard account is appropriate for all levels of traders, from novice to experienced.
  • It has cheap spreads and no commissions, and supports a wide range of trading products.
  • This account type is ideal for South African traders who want to blend low-cost trading with access to higher trade volumes.

 

🔎 Account Feature↪️ Value
💴 Minimum Deposit190 ZAR
💵 Account Base CurrencyUSD, EUR, GBP, JPY, MYR, ZAR, THB, VND, KWD, CNY, ZAR
📈 Maximum leverage up to1:3000
💶 Commission chargesNone
☪️ Swap-free optionYes
📉 Average spreads from0.3 pips
📊 Minimum order size0.01 lot
💹 Maximum order size100 lots
📌 Maximum ordersUnlimited
📍 Margin Call40%
⛔ Stop-Out20%
🖥️ Trade Execution MethodMarket Execution
💱 Pricing FormatFifth Decimal Pricing
📑 Contract Size1 lot = 100,000 base currency units
📝Sign up👉 Open Account
 

MetaTrader 4 Pro Account

  • The MT4 Pro account is designed for experienced traders, offering tighter spreads and a commission per trade.
  • This account is intended for South African high-volume traders who want more competitive pricing and faster execution speeds.
  • It is suited for scalping and high-frequency trading tactics.

 

🔎 Account Feature↪️ Value
💴 Minimum Deposit1,900 ZAR
💵 Account Base CurrencyUSD, EUR, GBP, JPY, MYR, ZAR, THB, VND, KWD, CNY, ZAR
📈 Maximum leverage up to1:3000
💶 Commission chargesNone
☪️ Swap-free optionYes
📉 Average spreads from0.1 pips
📊 Minimum order size0.01 lot
💹 Maximum order size100 lots
📌 Maximum ordersUnlimited
📍 Margin Call40%
⛔ Stop-Out20%
💻 Trade Execution MethodMarket Execution
💰 Pricing FormatFifth Decimal Pricing
⏩ Contract Size1 lot = 100,000 base currency units
📝Sign up👉 Open Account
 

MetaTrader 4 Raw Spread Account

  • The MT4 Raw Spread account is ideal for professional traders who demand the tightest spreads and are willing to pay a commission for every trade.
  • This account type is especially advantageous for South African day traders and scalpers who rely on modest price swings and speedy execution.

 

🔎 Account Feature↪️ Value
💴 Minimum Deposit1,900 ZAR
💵 Account Base CurrencyUSD, EUR, GBP, JPY, MYR, ZAR, THB, VND, KWD, CNY, ZAR
➕ Maximum leverage up to1:3000
💶 Commission charges3 units of the base currency per lot/per side
☪️ Swap-free optionYes
📈 Average spreads from0.0 pips
📉 Minimum order size0.01 lot
📊 Maximum order size100 lots
💹 Maximum ordersUnlimited
⏩ Margin Call40%
⛔ Stop-Out20%
🖥️ Trade Execution MethodMarket Execution
💳 Pricing FormatFifth Decimal Pricing
📌 Contract Size1 lot = 100,000 base currency units
📝Sign up👉 Open Account
 

MetaTrader 5 Standard Account

  • The MT5 Standard account, like the MT4 Standard, provides a varied trading experience on the more powerful MetaTrader 5 platform.
  • This account is appropriate for South African traders searching for a greater range of trading instruments who value the advanced capabilities of MT5.

 

🔎 Account Feature↪️ Value
💴 Minimum Deposit190 ZAR
💵 Account Base CurrencyUSD, EUR, GBP, JPY, MYR, ZAR, THB, VND, KWD, CNY, ZAR
📈 Maximum leverage up to1:3000
💶 Commission chargesNone
☪️ Swap-free optionYes
📉 Average spreads from0.3 pips
📊 Minimum order size0.01 lot
💹 Maximum order size100 lots
💱 Maximum ordersUnlimited
🖱️ Margin Call40%
⛔ Stop-Out20%
💻 Trade Execution MethodMarket Execution
💰 Pricing FormatFifth Decimal Pricing
📌 Contract Size1 lot = 100,000 base currency units
📝Sign up👉 Open Account
 

MetaTrader 5 Pro Account

  • Like its MT4 predecessor, the MT5 Pro account is designed for experienced traders. It has lower spreads and a commission-based structure.
  • It is perfect for expert South African traders who prefer MT5's advanced features, such as more in-depth market analysis tools and algorithmic trading.

 

🔎 Account Feature↪️ Value
💴 Minimum Deposit1,900 ZAR
💵 Account Base CurrencyUSD, EUR, GBP, JPY, MYR, ZAR, THB, VND, KWD, CNY, ZAR
📈 Maximum leverage up to1:3000
💶 Commission chargesNone
☪️ Swap-free optionYes
📉 Average spreads from0.1 pips
📊 Minimum order size0.01 lot
💹 Maximum order size100 lots
📌 Maximum ordersUnlimited
📍 Margin Call40%
⛔ Stop-Out20%
🖱️ Trade Execution MethodMarket Execution
💳 Pricing FormatFifth Decimal Pricing
▶️ Contract Size1 lot = 100,000 base currency units
📝Sign up👉 Open Account
 

MetaTrader 5 Raw Spread Account

  • This account has the lowest spreads available on the MT5 platform and is ideal for experienced traders requiring the best trading conditions.
  • The MT5 Raw Spread account is ideal for high-volume, experienced South African traders who use sophisticated trading methods and want the fastest execution speeds.

 

🔎 Account Feature↪️ Value
💴 Minimum Deposit1,900 ZAR
💵 Account Base CurrencyUSD, EUR, GBP, JPY, MYR, ZAR, THB, VND, KWD, CNY, ZAR
⏩ Maximum leverage up to1:3000
💶 Commission charges3 units of the base currency per lot/per side
📈 Swap-free optionYes
📉 Average spreads from0.0 pips
📊 Minimum order size0.01 lot
💹 Maximum order size100 lots
📌 Maximum ordersUnlimited
📍 Margin Call40%
⛔ Stop-Out20%
🖱️ Trade Execution MethodMarket Execution
💱 Pricing FormatFifth Decimal Pricing
▶️ Contract Size1 lot = 100,000 base currency units
📝Sign up👉 Open Account
 

Demo Account

  • A demo account is a virtual trading environment designed specifically for South African traders, allowing them to trade with simulated funds.
  • This feature allows traders to actively participate in live market activity without risking their money.
  • While trading in financial markets is inherently risky, JustMarkets provides a secure environment where South African users can polish their abilities and experiment with various trading techniques without financial risk.

 

Islamic Account

  • Opening an Islamic account with JustMarkets is easy for South African traders who want to align their trading activity with their religious convictions.
  • One key benefit of a swap-free Islamic account is the flexibility it provides traders. It eliminates the need to constantly check currency discount rates, streamlining the trading process and allowing traders to concentrate on their strategies rather than financial complexities.
  • Converting your existing Standard Cent, Standard, Pro, or Raw Spread account to a swap-free account is simple.

 

💰 Min Deposit: $10
📈 Leverage: Up to 1:3000
🏦 Regulators: FSA, CySEC, FSCA, FSC
 

What types of accounts are available on JustMarkets?

JustMarkets offers Cent, Standard, Pro, and Raw Spread accounts to meet various trading needs. Each account type has different minimum deposit requirements, spreads, and commission structures.  

Which account is best for beginners?

The Cent account is ideal for beginners. It allows trading with small amounts, reduced risk, and exposure to real market conditions, helping new traders build confidence before upgrading to a standard or pro account.  

How to Open a JustMarkets Account

To open an account with JustMarkets, South Africans can follow these steps:    

Step 1: Register

  • Locate the registration section by visiting the JustMarkets website.

  How to Open a JustMarkets Account step 1  

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.

  How to Open a JustMarkets Account step 1  

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.

 

How to Close a JustMarkets Account

To close a live trading account with JustMarkets, South African traders can follow these steps:
  • Close all open positions associated with your account.
  • Transfer or withdraw any outstanding funds from your account.
  • Contact JustMarkets customer support via email, live chat, or phone to request an account closure.
  • Provide the customer support team with your account number and any additional information that may be requested.
  • Comply with any additional requirements or procedures specified by JustMarkets' customer service.

 

💰 Min Deposit: $10
📈 Leverage: Up to 1:3000
🏦 Regulators: FSA, CySEC, FSCA, FSC
 
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JustMarkets Customer Reviews

  • JustMarkets gets reviewed positively mostly by its customers due to its really good and engaging trading conditions that include a lower spread rate, a high level of leverage, as well as a diverse range of accounts suitable for different classes of traders.
  • They also note the ease of navigation and the speed of execution of trades, as well as the quality of customer support provided in different languages.
  • It is also important to state that a portion of users have pointed out that the level of regulatory supervision is lower than in other jurisdictions with a higher profile, and this can create an issue of trust.

 

🔍Aspect🔖Details
🌟Overall RatingGenerally positive, with solid ratings on review platforms like Trustpilot for reliability and features.
👏Customer SatisfactionHigh satisfaction among users for competitive spreads, flexible account types, and platform usability.
📞Customer ServicePraised for responsive and multilingual support through live chat, email, and phone.
 
💰 Min Deposit: $10
📈 Leverage: Up to 1:3000
🏦 Regulators: FSA, CySEC, FSCA, FSC
 

Customers Rating

🌐 Platform📝 Feedback Summary⭐ Rating
Myfxbook logo
Generally positive feedback users appreciate competitive spreads, high leverage, and a variety of trading instruments.⭐⭐⭐⭐⭐
Forex Peace Army logo
Mixed reviews some users commend the broker's services and support.⭐⭐⭐☆☆
google logo
Generally positive users highlight the platform's user-friendly interface and efficient customer support.⭐⭐⭐⭐⭐
HelloPeter logo
mixed reviews about JustMarkets. Some users praised their user-friendly platform, competitive spreads, and reliable customer support. ⭐⭐⭐☆☆
TrustPilot Logo
Generally positive reviews users praise the broker's reliability, competitive spreads, and prompt customer service.⭐⭐⭐⭐⭐
 

Pros and Cons

✅ Pros❌ Cons
MAM accountsUS clients not accepted
Supports social tradingHigh Spreads
excellent Education
 

Conclusion

JustMarkets Account Types provides six different account types - Standard Cent, Standard, Pro, Raw Spread, Islamic, and Demo. JustMarkets accounts can be opened with a minimum deposit amount ranging from $10 USD / R160 ZAR, depending on account choice.

 

You might also like:

JustMarkets Demo Account – Step-by-StepJustMarkets Fees and SpreadsJustMarkets Islamic AccountJustMarkets Minimum Deposit sa shares instagram

 

Frequently Asked Questions

 

What is the minimum deposit for JustMarkets Standard accounts?

JustMarkets Standard and Standard Cent accounts typically require a minimum deposit of $10, making them highly accessible for beginners. This low entry point allows traders to start trading with minimal capital while still accessing full market features.  

What is the difference between Standard and Standard Cent accounts?

The Standard account uses regular lot sizes, while the Standard Cent account uses cent-based trading, ideal for beginners. The Cent version reduces risk exposure by allowing smaller trade sizes while maintaining similar trading conditions and platform access.  

Do JustMarkets Standard accounts charge commissions?

No, JustMarkets Standard accounts are commission-free. Instead, trading costs are built into spreads, which start from around 0.3 pips. This structure makes it easier for traders to calculate costs without worrying about additional per-trade charges.  

What trading platforms are available for Standard accounts?

JustMarkets Standard accounts support MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms offer advanced charting tools, automated trading options, and a user-friendly interface suitable for both beginners and experienced traders.  

What instruments can be traded on Standard accounts?

Traders using Standard accounts can access multiple markets, including forex, indices, commodities, stocks, and cryptocurrencies. This broad selection allows diversification and the ability to trade across different asset classes from a single account.  

What leverage is available on JustMarkets Standard accounts?

JustMarkets offers high leverage of up to 1:3000 on Standard accounts. While this can amplify potential profits, it also increases risk, so traders should use leverage carefully and apply proper risk management strategies.  

Are Standard accounts suitable for beginners?

Yes, Standard accounts are designed for all experience levels, especially beginners. With low minimum deposits, no commission, and flexible trading conditions, they provide an accessible environment to learn trading without high financial commitment.  

What is the minimum lot size on Standard accounts?

The minimum lot size on JustMarkets Standard accounts is typically 0.01 lots. This allows traders to open smaller positions, manage risk more effectively, and test strategies without committing large amounts of capital.  

Do Standard accounts offer swap-free (Islamic) options?

Yes, swap-free options are available on JustMarkets Standard accounts. Traders can request this feature, allowing them to trade without overnight interest charges, which is especially beneficial for those following Islamic finance principles.  

What spreads can I expect on JustMarkets Standard accounts?

Spreads on Standard accounts start from approximately 0.3 pips, depending on market conditions. These floating spreads remain competitive and are suitable for most trading strategies, including day trading and longer-term positions.  

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