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 JustMarkets demo accounts can make the Demo account live at any time.
JustMarkets Demo Account - Key Points Quick Overview
- ☑️Overview
- ☑️JustMarkets Demo Account
- ☑️How to Open a JustMarkets Demo Account – Step-by-Step Guide
- ☑️JustMarkets at a Glance
- ☑️JustMarkets Customer Reviews
- ☑️Pros and Cons
- ☑️Conclusion
- ☑️Frequently Asked Questions
Overview
- JustMarkets 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 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.
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.
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| Rank | Broker | Broker Review | Regulators | Minimum Deposit | Visit Broker |
|---|---|---|---|---|---|
| 🥇 |  | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | $100 | Visit Now |
| 🥈 |  | Read Review | FSCA, FCA, DFSA, FSA, CMA | $0 | Visit Now |
| 🥉 |  | Read Review | CySEC, IFSC, DFSA, FCA | $5 | Visit Now |
| 4 |  | Read Review | ASIC, CySEC, FSA, SCB | $0 | Visit Now |
| 5 |  | Read Review | FSA, FSCA | $250 | Visit Now |
| 6 |  | Read Review | FSA, FSC, FSCA, ASIC, CMA | $20 | Visit Now |
| 7 |  | Read Review | FSC, FSCA | $50 | Visit Now |
| 8 |  | Read Review | ASIC, CySEC, FSCA, FSA, FSC, CMA | $100 | Visit Now |
| 9 |  | Read Review | CySEC, MWALI, FSCA | $25 | Visit Now |
| 10 |  | Read Review | FSA, CySEC, FSCA, FSC | $10 | Visit Now |
JustMarkets at a Glance
| 🔎 Broker | |
| 🗓Year Founded | 2012 |
| 👥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 | Cyprus, Seychelles |
| 💴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 1:3000 |
| 📌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, X, LinkedIn, Instagram |
| 🔖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 |
| 📝Sign up | 👉 Open Account |
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 Rating | Generally positive, with solid ratings on review platforms like Trustpilot for reliability and features. |
| 👏Customer Satisfaction | High satisfaction among users for competitive spreads, flexible account types, and platform usability. |
| 📞Customer Service | Praised for responsive and multilingual support through live chat, email, and phone. |
Customers Rating
| 🌐 Platform | 📝 Feedback Summary | ⭐ Rating |
 | Generally positive feedback users appreciate competitive spreads, high leverage, and a variety of trading instruments. | ⭐⭐⭐⭐⭐ |
 | Mixed reviews some users commend the broker's services and support. | ⭐⭐⭐☆☆ |
 | Generally positive users highlight the platform's user-friendly interface and efficient customer support. | ⭐⭐⭐⭐⭐ |
 | mixed reviews about JustMarkets. Some users praised their user-friendly platform, competitive spreads, and reliable customer support. | ⭐⭐⭐☆☆ |
 | Generally positive reviews users praise the broker's reliability, competitive spreads, and prompt customer service. | ⭐⭐⭐⭐⭐ |
Pros and Cons
| ✅ Pros | ❌ Cons |
| MAM accounts | US clients not accepted |
| Supports social trading | High Spreads |
| excellent Education |
Conclusion
Overall, JustMarkets 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 JustMarkets demo account?
A JustMarkets demo account is a simulated trading environment that allows users to practice trading using virtual funds. It replicates real market conditions, helping beginners and experienced traders test strategies without risking actual money.
Is the JustMarkets demo account free to use?
Yes, the JustMarkets demo account is completely free. Traders can register quickly and access virtual funds without any deposit. This makes it ideal for learning how the platform works before transitioning to live trading environments.
How much virtual money do I get on a JustMarkets demo account?
JustMarkets typically provides a customizable virtual balance when opening a demo account. Traders can select an amount that suits their testing needs, allowing flexibility when practicing strategies under conditions similar to real trading scenarios.
Can I reset my JustMarkets demo account balance?
Yes, users can reset their demo account balance if they run out of virtual funds. This feature ensures continuous practice, enabling traders to refine strategies and improve skills without needing to create a new account.
Does the JustMarkets demo account expire?
In most cases, the JustMarkets demo account does not expire quickly, but inactivity over a long period may lead to deactivation. Active users can typically continue using the account for extended practice without interruptions.
Which trading platforms are available on the JustMarkets demo account?
The JustMarkets demo account supports popular platforms like MetaTrader 4 and MetaTrader 5. These platforms offer advanced charting tools, indicators, and execution features, allowing traders to experience real trading conditions in a risk-free environment.
Can beginners use the JustMarkets demo account effectively?
Yes, beginners benefit greatly from the JustMarkets demo account. It allows them to learn trading basics, understand market movements, and practice risk management without financial exposure, making it an essential tool for building confidence.
Are spreads and conditions realistic on JustMarkets demo accounts?
JustMarkets demo accounts aim to mirror real trading conditions, including spreads and execution speeds. However, slight differences may occur compared to live accounts due to the absence of real market liquidity and emotional trading factors.
Can I switch from a demo to a live account on JustMarkets?
Yes, transitioning from a demo to a live account is simple. Traders can open a live account once confident, fund it, and start trading real markets using the same platforms and tools experienced during demo trading.
Is the JustMarkets demo account useful for strategy testing?
Absolutely, the JustMarkets demo account is ideal for testing trading strategies. Traders can experiment with different approaches, indicators, and risk settings in a controlled environment before applying them to real market conditions with actual capital.
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