JustMarkets Review

 

JustMarkets, previously known as JustForex, is a trustworthy broker offering 0% deposit and withdrawal fees, low spreads, and a sign-up bonus to first-time traders.  The broker has a trust score of 90 out of 99.

 

🛡️ Regulated and trusted by the FSCA, CySEC
🛡️ 1247 New Traders chose this broker in the last 90 days.
🛡️ Available for South African Traders 🇿🇦

 

 

JustMarkets Review – Analysis of Brokers’ Main Features

1. 🕸️JustMarkets Spider Chart
2. 💡JustMarkets at a Glance
3. 🌍Overview
4. ✨Features Offered
5. ⭐️JustMarkets Customer Reviews and Ratings
6. 🏆Advantages over Competitors
7. 🔒Safety and Security
8. 💰Cashback Rebates Features and Conditions
9. 🤝JustMarkets Affiliate Program Features
10. 🎁Bonus Offers and Promotions
11. 🎉JustMarkets Sign-Up Bonus
12. 💳JustMarkets Minimum Deposit
13. 👥JustMarkets Account Types and Features
14. 🔑How to Open a JustMarkets Account
15. 💱Base Account Currencies and Basic Order Types
16. 💻JustMarkets Trading Platforms and Tools
17. 📲Mobile Use of JustMarkets
18. 🤖JustMarkets AI Integration
19. 📈Range of Markets
20. ⚖️Compare Forex Brokers
21. 📊Fees, Spreads, and Commissions
22. 💳JustMarkets Deposits and Withdrawals
23. 🏦How to make a JustMarkets Deposit
24. 📡Trading Signals
25. 🌐Geographic Reach and Limitations, Web Traffic, and more
26. ⭐Customer Reviews
27. 📚Education and Research
28. 📘Forex Trading Guides
29. 📞Customer Support
30. 📜Conclusion
31. ❓Frequently Asked Questions
32. 🔗References

 

JustMarkets Spider Chart

Here is the Spider Chart Evaluation for the broker based on various criteria:

• Regulatory Standing: 3.5
• Financial Stability: 4
• Trading Platform Quality: 4
• Customer Support: 4.5
• Educational Resources: 3.5
• Trading Conditions: 4
• Withdrawal Speed: 3.5

 

JustMarkets at Glance

 

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.

 

Features Offered

Every trader has a feature that perfectly fits their needs regardless of experience.

Competitive Spreads starting from 0.0 pips, Various Account Types for Different Trading Needs, and Leverage as High as 1:3000 are only some of what JustMarkets offers.

They have excellent trading platforms, among them MetaTrader 4 and MetaTrader 5, for seamless execution and advanced analyses.

JustMarkets doesn’t just provide these incredible possibilities but also serves the customer with a cash-back rebate program and a more comprehensive affiliate program for partners.

With multilingual customer support around the world, several base currencies, and secure options for deposits and withdrawals, JustMarkets cares about making trading as easy and secure as possible, proving itself again to be one of the most versatile choices globally.

 

 

JustMarkets Customer Reviews and Ratings

JustMarkets gets reviewed positively mostly by its customers due to its really good and engaging trading conditions that include a lower spread rate, 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.

In general, the good name of JustMarkets is retained, especially among novice and partially experienced traders, and it is rated highly on Trustpilot and similar websites.

 

 

Advantages over Competitors

JustMarkets has the following advantages over competitors:

•  South African traders can open accounts with the broker in their home currency, the South African Rand (ZAR). This function is handy because it eliminates the requirement for currency conversion, which lowers transaction costs and exchange rate concerns.
• They provide leverage up to 1:3000, among the largest in the business. This high leverage allows traders to open larger bets with less capital and raises the risk.
• JustMarkets is multi-regulated in South Africa, Cyprus, Seychelles, and Mauritius. This multi-regulation instills trust.
• The broker offers standard, pro, and Raw Spread accounts. Each type is tailored to different trading styles and experience levels, with features such as smaller spreads, more considerable leverage, and alternative commission structures.
• The broker’s multilingual crew provides effective customer service, ensuring that South African traders receive prompt guidance and support in the language of their choice.
• The broker has adapted its trading conditions to South African traders’ demands. This includes competitive spreads, a diverse choice of tradable instruments, and trading circumstances that support a variety of trading techniques.
• A key benefit is the presence of MetaTrader 4 and MetaTrader 5 platforms. These systems are well-known for their sophisticated charting tools, easy-to-use interfaces, and automated trading features.
• JustMarkets offers many instructional resources, such as webinars, tutorials, and articles. These resources are handy for South African novice traders, as they assist them in understanding the market and developing trading strategies.
• The broker accepts various local payment methods explicitly designed for South African traders. This covers popular methods such as local bank transfers, credit/debit cards, and e-wallets, assuring ease of funding and withdrawal from trading accounts.
• They offer new traders a tempting no-deposit bonus. This option benefits beginners who want to start trading without depositing money.

 

Who will Benefit from Trading with JustMarkets?

Traders Seeking Personalised Support

JustMarkets’ rapid and multilingual customer service is a godsend for traders who appreciate prompt and effective assistance. South African traders can benefit from assistance in their language and time zone choice.

 

Professional and High-Volume Traders

With their reduced spreads and larger leverage, the Pro and Raw Spread accounts are ideal for professional and high-volume traders. These accounts provide favorable conditions for aggressive trading methods and high-volume transactions.

 

South African Beginner Traders

Forex and CFD trading beginners would benefit greatly from the broker’s extensive training offerings, which include webinars, tutorials, and articles. These provide a good foundation for market comprehension.

The no-deposit bonus benefits new traders by allowing them to begin trading without making an immediate financial commitment, lowering the risk of early capital loss.

 

Traders Seeking High Leverage

Experienced traders in South Africa familiar with high-risk tactics would benefit from high leverage of up to 1:3000. This feature provides substantial rewards on a small initial investment and increases risk.

 

Technologically Savvy Traders

Those who rely on advanced trading tools and platforms will value MetaTrader 4 and MetaTrader 5 offerings.

These platforms provide powerful charting tools, automated trading capabilities, and user-friendly interfaces, making them ideal for traders seeking technological efficiency in their trading activities.

 

Traders Preferring Local Currency Accounts

South African traders who want to avoid the complications and expenses of currency translation will benefit immensely from the opportunity to open ZAR accounts.

This function facilitates transactions and aids in managing currency risk, which is critical for traders sensitive to exchange rate swings.

 

Cost-Conscious Traders

The broker is an appealing alternative for cost-conscious traders due to its inexpensive spreads and the availability of a Raw Spread account. These features ensure that traders’ tactics can be implemented without being considerably hampered by excessive transaction costs.

 

Traders Using Diverse Payment Methods

The broker’s support for local payment methods, such as popular e-wallets and local bank transfers, is a key benefit for South African traders who prefer to conduct their transactions using specialized payment channels.

 

How does JustMarkets’ range of markets compare to competitors?

The broker caters to various trading preferences by offering diverse markets such as Forex, Indices, Metals, Energies, Cryptocurrencies, and Shares.

 

How does JustMarkets ensure a stable trading experience?

The broker provides a VPS service, which ensures the continuous and steady operation of trading terminals, giving them a substantial advantage over brokers who do not.

 

 

Safety and Security

 

JustMarkets is regulated by the Financial Sector Conduct Authority (FSCA) as Just Global Markets (Pty) Ltd under FSP 51114. Furthermore, Their global regulations are listed in the table below.

 

Global Regulations

🔎 Registered Entity	🌎 Country of Registration	📈 Regulatory Entity	📉 Tier
1️⃣ JustMarkets Ltd	Cyprus	CySEC	2
2️⃣ Just Global Markets (Pty) Ltd	South Africa	FSCA	2
3️⃣ Just Global Markets Ltd	Seychelles	FSA	3
4️⃣ Just Global Markets (MU) Limited	Mauritius	FSC	3

 

Protection of Client Funds

 

Security while Trading

Through its extensive regulatory compliance, the broker has developed a solid framework for safety and security, particularly for South African traders.

The broker is regulated by the Seychelles Financial Services Authority (FSA), the Cyprus Securities and Exchange Commission (CySEC), the Financial Sector Conduct Authority (FSCA) in South Africa, and the Financial Services Commission (FSC) in Mauritius.

This multi-jurisdictional regulation assures that the broker follows strict international and local financial practices and transparency norms.

Direct oversight by the FSCA adds an extra layer of protection for South African traders, guaranteeing that they meet specific regulatory standards in South Africa.

This regulatory network and practices, such as segregated client accounts and enhanced data encryption, provide South Africans with a secure and trustworthy trading environment that adheres to global and local financial safety requirements.

 

Pros and Cons

 

What measures does JustMarkets take to ensure client fund safety?

The broker protects client funds with segregated accounts, which keep client monies separate from the company’s operational finances.

 

Are there any risk management tools available?

Yes, the broker offers risk management tools, including stop-loss orders, to help traders manage their trading risks efficiently.

 

Cashback Rebates Features and Conditions

JustMarkets presents a novel option for South African traders to increase their profits through forex trading rebates. This novel approach allows partners to share their profits with their clients, resulting in a win-win situation.

The broker’s partners play an important role in bringing in new clients. They gain a share of the profits created by their customers’ trading activity and, in turn, give rebates to their clients by returning a piece of their earnings.  Furthermore, these rebates are processed automatically daily, offering a hassle-free experience.

 

Partners are free to select the rebate level that best meets their needs. They can choose between a standard rebate level that applies to all accounts of attracted clients and a personalized rebate amount for each account.

JustMarkets is dedicated to giving appealing rebates, with a daily reimbursement of up to USD 10 per lot based on the IB commission. This rebate is calculated and delivered straight into MT4/MT5 trading accounts via the system.

 

The commission structure changes according to the kind of client account and the amount of financial instruments traded. The commission levels for various account categories are as follows:

Standard Cent accounts:  Up to 10 USC percent lot traded.

Standard accounts:  Up to 10 USD per lot traded.

Pro accounts:  Up to 8 USD per lot traded.

Raw Spread accounts Up to 3 USD per lot traded.

In addition,  auto-rebate technology assures efficient processing by calculating and depositing rebates into trading accounts the next day for transactions closed that day.

However, certain conditions must be met, such as a minimum price difference of 59 points between the starting and closing prices, and no rebates are granted for trading with incentives.

 

How do I qualify for JustMarkets Cashback Rebates?

Cashback Rebates are often earned by trading a particular volume and completing other program requirements.

 

What is the maximum rebate I can receive?

The broker’s maximum rebate varies by account type, with a daily refund of up to USD 10 per lot possible.

 

JustMarkets Affiliate Program Features

 

JustMarkets provides a comprehensive Affiliate Program tailored to the diverse requirements of South African partners operating in the Forex industry.  The program recognizes the critical importance of affiliate marketing and customizes its offerings to suit the needs of different associate segments, such as online enthusiasts, Forex mentors, bloggers, and social media specialists.

The broker offers its South African partners an abundance of features and advantages when they collaborate:

 

• JustMarkets prioritizes exceptional support for its affiliates. Partners from South Africa, unsure of the most suitable program for their needs, may consult the JustMarkets team for guidance and advice.
• Affiliates who are interested in earning significant rewards can participate in the JustMarkets program and have the opportunity to earn a maximum of $1,500 per referred client. A committed affiliate manager with remarkable conversion rates, transparent reporting statistics, cutting-edge marketing tools, prompt payments, and competitive CPA rates are all components of this program.
• South African partners have the opportunity to harness the capabilities of MQL5 signals, a product developed by the developers of MetaTrader 4. This application empowers users to effortlessly observe and emulate the signals generated by prosperous traders, all from within the MetaTrader terminal.
• Affiliates can accumulate limitless commissions and may select from various programs to maximize their earnings.
• Affiliates can receive a revenue share of up to 65% of the revenue their referred customers generate. The potential for lifetime revenue sharing, effortless withdrawals, a dedicated affiliate manager, automatic rebates, and a multi-level program are some of the benefits of this.

The JustMarkets Affiliate Program is strategically crafted to provide partners in South Africa with an extensive range of advantages and assistance in optimizing their achievements in Forex affiliate marketing.

 

How to open an Affiliate Account with JustMarkets

To register an Affiliate Account, South African traders can follow these steps:

 

Step 1: “Partnership”

• To access the JustMarkets website, enter its URL into the browser.
• Navigate to the “Partnership” section of the website’s menu and select it.

 

 

Step 2: “Affiliates”

• Select “Affiliates” from the Partnership section and click “Join Now” to begin the registration process.
• You will be prompted to enter your required personal information; therefore, ensure that the details you provide are accurate.
• Click the “Register” option to finalize the registration process.
• After successfully registering, you can access your newly created Affiliate Account.

 

 

You are now prepared to begin your affiliate marketing voyage. Commence endorsing JustMarkets to generate referrals and collect commissions on your referrals’ trading activities.

 

How much can I earn through the JustMarkets Affiliate Program?

Affiliates in the JustMarkets Affiliate Program can earn up to $1,500 per recommended client, with the potential for infinite commissions.

 

Are there different commission structures in the JustMarkets Affiliate Program?

Yes, to accommodate varied affiliate preferences, JustMarkets offers various commission schemes, including CPA and revenue share.

 

Bonus Offers and Promotions

 

JustMarkets offers South African traders the following bonuses and promotions:

• Traders can benefit from a fantastic 50% deposit bonus with no maximum limit. This promotion considerably increases traders’ money, allowing them to take larger positions and profit more.
• JustMarkets waives deposit and withdrawal fees to improve the trading experience. South African traders can confidently manage their finances, knowing they will not suffer additional costs while trading.
• Thanks to the “Just Invite Friends” bonus, South African traders can earn up to $10 for each lot traded by their referred friends. This community-building effort rewards traders who help JustMarkets grow.

 

Are there any time limitations on using bonuses at JustMarkets?

Yes, some JustMarkets bonuses might have time limits. Therefore,  traders should carefully read the terms and conditions for each promotion.

 

JustMarkets Sign-Up Bonus

JustMarkets provides a 50% Welcome Bonus. This bonus allows new traders to begin trading without making an initial deposit, effectively allowing them to learn and trade without risk.

 

 

In addition, traders must trade at least 5 lots in 30 days with a profit or loss of at least 6 pips per transaction. Profits can then be moved to Standard Cent, Standard, Pro, or Raw Spread accounts.

 

What is the JustMarkets sign-up bonus for new traders?

JustMarkets provides a 50% deposit bonus to newly registered South African traders, giving them a head start in trading without requiring an initial investment.

 

Can the JustMarkets sign-up bonus be withdrawn immediately?

No, the no-deposit bonus cannot be withdrawn. Traders must use it to trade and then withdraw their profits, subject to the terms and conditions of JustMarkets.

 

JustMarkets Minimum Deposit

 

🔎 Live Account	💴 Minimum Dep.
🥇 MT4 Standard Cent	190 ZAR / $10
🥈 MT4 Standard	190 ZAR / $10
🥉 MT4 Pro	1,900 ZAR / $100
🏅 MT4 Raw Spread	1,900 ZAR / $100
🎖️ MT5 Standard	190 ZAR / $10
🏆 MT5 Pro	1,900 ZAR / $100
🥇MT5 Raw Spread	1,900 ZAR / $100

 

Does the JustMarkets minimum deposit vary by deposit method?

Yes, the minimum deposit at JustMarkets differs based on the type of deposit used. Therefore, traders should check the precise criteria for their desired payment method.

 

Can South African traders make a minimum deposit in ZAR?

Yes, South African traders can make a ZAR minimum deposit at JustMarkets, making transactions easier and more comfortable.

 

 

JustMarkets Account Types and Features

 

 

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.

 

 

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.

 

 

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.

 

 

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.

 

 

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.

 

 

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.

 

 

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.

 

 

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.

JustMarkets provides this invaluable opportunity to both rookie and seasoned traders in South Africa, simulating real-market conditions. South African traders are given 5 million USD in virtual funds to familiarise themselves with the MetaTrader platforms.

During this time, traders can choose whatever demo account they like without financial obligations.

 

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.

South African traders can start the move by contacting our dedicated support staff. If you complete the minimum conditions and seek skilled guidance, your accounts can smoothly transfer into the swap-free category.

Furthermore, a JustMarkets swap-free account streamlines trading and considers the commission for moving positions in advance when calculating probable trading outcomes. This proactive strategy ensures that your trading operations are transparent and clear.

 

JustMarkets Column Chart for Account Types

Pros and Cons

 

Does JustMarkets offer Islamic accounts?

Yes, JustMarkets offers swap-free Islamic accounts to traders who need accounts that comply with Sharia law.

 

Does JustMarkets offer any special features for high-volume traders?

Yes, JustMarkets offers high-volume traders tools like increased leverage, tight spreads, and a dedicated account manager.

 

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.

 

 

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.

 

 

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.

Await written notification from JustMarkets concerning the account closure.

 

How long does it take to open a JustMarkets account?

Opening a JustMarkets account is usually quick, frequently taking only a few minutes, but account verification may take longer.

 

Are there any restrictions on who can open a JustMarkets account?

Yes, opening a JustMarkets account is subject to restrictions based on the trader’s country of residency and compliance with regulatory regulations.

 

Base Account Currencies and Basic Order Types

The base account currencies available to South Africans include the following, per the account types.

📈 JustMarkets MT4 Standard Cent Account	US Cents
📉 JustMarkets MT4/5 Standard Account, JustMarkets MT4/5 Pro Account, JustMarkets MT4/5 Raw Spread Account	USD, EUR, GBP, JPY, MYR, ZAR, THB, VND, KWD, CNY, ZAR

 

JustMarkets Basic Order Types include:

• A market order can be either a buy or a sell order that executes at the current market price displayed on your price chart. If you place a market order, you will be immediately entered at the best available price.
• Market orders are most effective when a trading opportunity requires prompt action. Click buy/sell at the market to enter the trade immediately.
• A stop order can be either a buy or sell stop, depending on whether you wish to purchase above or below the market.
• This is useful for trading breakouts or trend continuation strategies when you want the market to continue moving in the same direction.

Alternatively, if you believe the price will reverse when it reaches a specific price, you can place a limit order.

 

MAM / PAMM Features

 

JustMarkets caters to the demands of South African investors by providing a powerful Multi-Account Manager (MAM) solution customized for fund, money, and portfolio managers.

This specialized software enables administrators to handle several trading accounts simultaneously utilizing a single master account. It smoothly integrates the renowned MT4 platform’s capabilities, such as complex charting packages and expert advisers.

One of the primary benefits of JustMarkets’ MAM software is that it is centralized and server-based. This architecture allows for managing several accounts with exceptional ease and speed, ensuring quick asset allocation across portfolios.

To get started with JustMarkets MAM, interested South Africans can open a live account and fund it with a $5,000 minimum deposit. A minimum of two investors with a combined investment of $5,000 must add trading accounts.

In addition, bulk orders can be executed across managed accounts via the master account once configured.

Money managers using JustMarkets may efficiently handle unlimited clients via the master account. Performance fees are computed and deducted immediately, ensuring a clear and convenient process.

Clients who choose money management can track the growth of their investments while money managers conduct trading operations. They can fund their accounts and monitor the trading process, which the account manager handles.

JustMarkets MAM Software provides some benefits, such as adjustable client allocations in full, mini, and micro lot sizes. It supports a variety of trading strategies and allows the use of expert advisers (EAs).

Furthermore, transparency is improved by real-time monitoring of open positions, equity, and profit and loss across all managed accounts. Money managers can select between proportional to balance and equity allocation approaches.

In addition, quick and dependable MT4 servers ensure a pleasant trading experience, while performance fees can be tailored to individual needs. South African investors can use JustMarkets MAM to manage and build portfolios efficiently.

 

How does profit sharing work in JustMarkets MAM/PAMM accounts?

The agreement between the money management and the investors governs profit sharing in JustMarkets MAM/PAMM accounts.

 

Are there any fees associated with JustMarkets MAM/PAMM accounts?

Fees for JustMarkets MAM/PAMM accounts typically include performance and management fees, depending on the agreement between the manager and the investors.

 

Social Trading

 

JustMarkets’ social trading platform allows South African investors to follow and mimic the methods of experienced signal providers. Signal providers are graded according to characteristics such as trading period, drawdowns, best trades, and profit factors, making it simple to select the finest ones.

This service is great for novice traders who want to learn from expert traders while saving time on market research and analysis. Seasoned traders can also benefit by becoming trade leaders and attracting subscribers for additional income.

Fees for copying transactions might involve commissions on profitable trades or subscription fees. Profitability, regardless of trading competence, time savings, user-friendly interfaces, and the ability to diversify risks by subscribing to multiple signal sources are all advantages of social trading.

JustMarkets supports social trading with MetaTrader 4 using MQL5 signals, making monitoring and duplicating successful transactions simple. Users must first register on the MQL5. Community platform and link their accounts.

 

How can I start social trading with JustMarkets?

To begin social trading with JustMarkets, create an account and log in to the social trading platform to select traders to follow.

 

How do I select traders to follow on JustMarkets’ social trading platform?

JustMarkets’ social trading platform allows you to follow traders based on their trading performance, style, and risk tolerance.

 

 

JustMarkets Trading Platforms and Tools

JustMarkets offers South African traders a choice between these trading platforms:

• MetaTrader 4
• MetaTrader 5
• JustMarkets App

 

MetaTrader 4

 

JustMarkets’ MetaTrader 4 has been specifically tailored to the needs of South African traders. It features a user-friendly interface and robust capabilities.

A key feature that makes JustMarkets’ MT4 particularly appealing is its seamless integration with the broker’s trading conditions. It offers dependable execution rates and swift performance.

With high-leverage options and multiple account types provided by JustMarkets alongside competitive spreads, this platform delivers comprehensive charting tools complemented by an extensive range of technical indicators – ideally suited to those who highly value technical analysis in their trading activities.

 

MetaTrader 5

JustMarkets offers the MetaTrader 5 platform, renowned for its vast functionality and suitability for trading strategies.

MT5 on JustMarkets allows South African traders access to diverse markets such as equities, commodities, and currency trade. Additionally, incorporating competitive spreads and leverage options sets MT5 apart from other platforms offered by brokers like JustMarkets in South Africa.

MT5 provides robust charting tools and economic calendars that allow algorithmic trading capabilities, catering to both experienced & novice users.

Furthermore, the account types provided are versatile, giving a personalized trading experience. JustMarkets’ focus on reliable trader education while promoting safe trading practices aligns well with automated system support under comprehensive risk mitigation, ensuring seamless user experiences throughout their trades.

 

JustMarkets App

 

 

The JustMarkets application is a unique service that caters to South African traders’ mobile trading requirements. This software boasts an innovative, easy-to-use interface incorporating JustMarkets’ trading conditions.

In addition, the app’s layout has been streamlined to provide hassle-free trade management and quick access to account functions, making it highly beneficial for South Africa-based traders who value efficiency.

Additionally, the app supports all types of JustMarkets accounts, empowering users with real-time quote updates on the go and in-depth analysis through charts while leveraging the platform’s attractive spreads.

This makes it a handy tool for those seeking mobility without sacrificing their desktop features/preferences when dealing with trades anytime, anywhere they choose!

 

Pros and Cons

 

Can I trade on mobile devices with JustMarkets?

Yes, JustMarkets offers mobile trading using MT4 and MT5 smartphone apps, allowing online trading while traveling.

 

Is automated trading available on JustMarkets platforms?

Yes, JustMarkets platforms support automated trading, allowing traders to use Expert Advisors (EAs) for algorithmic trading.

 

Mobile Use of JustMarkets

 

The mobile trading experience offered by JustMarkets, powered by the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) apps for iOS and Android, delivers full account access for trading, analysis, and management.

The apps include real-time price updates, advanced charting, various order types, and custom alerts. Features like a user-friendly interface, fast execution, and secure login add convenience and reliability. Multilingual support and in-app customer service further enhance usability.

 

 

 

JustMarkets AI Integration

JustMarkets employs AI technology to enhance its trading platform, offering advanced market analysis, automated strategies, and real-time risk management.

These tools help traders navigate the fast-paced financial markets effectively. AI-powered chat support and personalized recommendations create a seamless experience for all users, from beginners to experts.

This approach demonstrates JustMarkets’ focus on leveraging technology to empower traders with smarter tools for better decision-making and trading success.

 

 

Range of Markets

 

South African traders can expect the following range of markets from JustMarkets:

• Indices
• Energies
• Forex
• Metals
• Cryptocurrencies
• Shares

 

Financial Instruments and Leverage offered by JustMarkets

🔎 Instrument	🅰️ Number of Assets Offered	🅱️ Max Leverage Offered
📈 Forex	61	1:3000
🍎 Commodities (metals, energies, etc)	10	1:100
📉 Indices	13	1:200
📊 Stocks	165	1:20
🪙 Cryptocurrency	14	1:10

 

Broker Comparison for a Range of Markets

 

Pros and Cons

 

Does JustMarkets provide access to international markets?

Yes, JustMarkets gives traders access to a wide range of international marketplaces, allowing them to diversify their trading portfolios.

 

Does JustMarkets offer exotic currency pairs for trading?

Yes, JustMarkets allows you to trade various currency pairings, including exotic ones.

 

Compare Forex Brokers – JustMarkets vs AvaTrade vs FXPesa

 

Fees, Spreads, and Commissions

 

The spread is minimal when you trade financial instruments using a JustMarkets account. However, it fluctuates depending on multiple factors, such as the type of account used, the instruments being traded, and overall market conditions at that particular point in time.

 

Commissions

South African traders can select from seven diverse retail accounts provided by JustMarkets. Five accounts do not incur commissions, but a spread markup compensates for the broker’s fee. Traders can also opt for Raw spread accounts.

These accounts have zero-pip spreads, but commissions are charged as follows:

• MetaTrader 4 Raw Spread Account – 3 units of the base currency per lot/per side
• MetaTrader 5 Raw Spread Account – 3 units of the base currency per lot/per side

 

Overnight Fees

Traders from South Africa may face extra charges if they keep their positions open beyond 24 hours. The overnight costs depend on various factors, including the trader’s current position, the type of financial instrument utilized, and whether they have a long or short stance towards underlying assets.

Below are some of the typical overnight fees traders can expect:

🔎 Instrument	↪️ Long (Buy) Swap	➡️ Short (Sell) Swap
💴 EUR/USD	-7.03 pips	0.0 pips
💵 XAG/USD	-5.18 pips	0.0 pips
💶 XAU/USD	-39.16 pips	0.0 pips
💷 Crypto	-20%	-20%
💴 Brent Crude	-6%	-3%
💵 US100	-1%	-1.50%
💶 Shares	-6%	-3%

 

Deposit and Withdrawal Fees

JustMarkets does not impose deposit or withdrawal fees. Nonetheless, South African traders who make payments through cryptocurrency should anticipate incurring blockchain fees.

 

Inactivity Fees

Inactive accounts that have been inactive for more than 150 days will incur an administrative fee. Once the account has been inactive for over a year, a $5 monthly charge will be applied.

 

Currency Conversion Fees

When depositing or withdrawing in a currency not included in the permitted list of account currencies, traders can anticipate being charged currency conversion fees.

 

Pros and Cons

 

Does JustMarkets charge commission on trades?

Yes, JustMarkets charges commissions on certain account types, such as Raw Spread accounts, but does not charge commissions on others.

 

How do JustMarkets’ fees compare to those of other brokers?

JustMarkets’ rates are industry-competitive, with modest spreads and acceptable commissions.

 

JustMarkets Deposits and Withdrawals

 

JustMarkets offers South African traders the following deposit and withdrawal methods:

• Debit Card
• Credit Card
• FasaPay
• Skrill
• Neteller
• Perfect Money
• Sticpay
• AirTM
• Cryptocurrencies
• Local Bank Transfers, Cards, Mobile Money
• Local Wallets

 

Broker Comparison: Deposit and Withdrawals

 

 

Pros and Cons

 

Are there any fees for deposits and withdrawals at JustMarkets?

No, JustMarkets does not charge deposit or withdrawal fees, allowing traders to manage their finances without incurring unnecessary expenses.

 

How secure are financial transactions with JustMarkets?

JustMarkets uses modern encryption and secure payment channels to ensure the security of financial transactions.

 

How to make a JustMarkets Deposit

To deposit funds to an account with JustMarkets, South African traders can follow these steps:

 

Step 1: Log into the Client Portal

Access your JustMarkets account via their website or app. Log into your account.

 

 

Step 2: ‘Deposit’ area

In your account dashboard, go to the ‘Deposit’ area.

Choose your desired mode of deposit. South African traders can save time by using local bank transfers.

Enter the amount you want to deposit, ensuring it is in ZAR to avoid currency conversion.

To finish the deposit process, follow the on-screen instructions, which may include signing into your online banking platform for bank transfers.

Wait for the funds to appear in your JustMarkets account after you confirm the transaction.

 

How to Withdraw from JustMarkets

To withdraw funds from an account with JustMarkets, South African traders can follow these steps:

 

Step 1: Log in to your Personal Area

Visit their website and log in to your Personal Area using your credentials. Navigate to the ‘Withdrawal’ area of your JustMarkets account.

 

• Navigate to Funding -> Withdrawal: On the left menu, select Funds and then choose Withdrawal.
• Select your trading account: Choose the trading account from which you wish to withdraw funds.
• Choose Withdrawal Method: Tap the “Withdrawal Method” field and select one of the preferable methods listed. Make sure to fill in all necessary details accurately.
• Confirm Withdrawal Amount: The amount available for withdrawal will be displayed under the Amount area.
• Initiate Withdrawal: Once all details are filled in, click the Withdrawal button. Their Finance Department will process your withdrawal request.

 

How long do JustMarkets Deposits take?

Deposits can take up to 24 hours to appear in your JustMarkets account, while deposits made via local bank transfers may take several hours to a business day to process.

Furthermore, other deposit options, such as credit/debit cards or e-wallets, are frequently completed promptly or within a few hours.

 

Can I deposit in different currencies at JustMarkets?

Yes, JustMarkets offers deposits in various currencies, including USD, EUR, and ZAR, giving traders greater flexibility.

 

Trading Signals

JustMarkets provides South African traders with a lucrative opportunity to become signal suppliers. Successful traders can increase their profits by setting subscription prices proportional to the number of subscribers.

This venture offers multiple benefits, including unlimited profit potential, competitive trading conditions (0.0 pips spread, swift order execution, no requotes), and the ability to use a variety of trading tactics.

The MQL5 signals service is fully integrated into the JustMarkets Back Office for enhanced convenience. Traders can increase their income by becoming JustMarkets Introducing Brokers and earning money from their subscribers through their partner links.

South African traders only need to register and create an MQL5 account to get started, making signal-providing accessible and rewarding.

 

Are JustMarkets Trading Signals free?

JustMarkets Trading Signals are available for various prices, some being free and others requiring a monthly charge.

 

Can beginners use JustMarkets Trading Signals effectively?

Yes, beginners can use JustMarkets Trading Signals, but to make better trading selections, they must also try to comprehend the underlying analysis.

 

VPS Review

JustMarkets offers South African traders a specialized Virtual Private Server (VPS) solution. This hosting service provides users access to a virtual dedicated server designed explicitly for Forex operations.

JustMarkets’ VPS provides traders with a remote desktop environment to install trading platforms, providing continuous, 24-hour trading possibilities. This service is invaluable for traders who use trading advisors since it ensures the trading terminal’s continuous and stable operation.

 

Even manual traders profit from VPS since it enables features such as trailing stops, which require the terminal to remain active.

South African traders can investigate numerous VPS solutions, including free trials, to ensure a stable and seamless trading experience with JustMarkets. Furthermore, JustMarkets recommends using VPS services from providers like Vultr.com for best performance.

 

How does JustMarkets VPS benefit traders?

The VPS service ensures that trading terminals remain operational, which is critical for techniques such as trailing stops or automated trading systems.

 

How do I set up JustMarkets VPS?

JustMarkets VPS setup entails selecting the service from your account dashboard and following the instructions.

 

JustMarkets Geographic Reach and Limitations, Web Traffic, and more

Current Expansion Focus

JustMarkets’ current focus is expanding across Australia, Africa, and the Caribbean.

 

Countries not accepted by JustMarkets.

JustMarkets does not accept traders from the following areas:

• Australia
• Canada
• European Union
• Japan
• The United Kingdom
• The United States
• Countries sanctioned by the EU (Ukraine, Russia, Syria, DRC, etc.)

 

Popularity among South African traders who choose JustMarkets

JustMarkets is one of the Top 20 forex and CFD brokers for South Africans.

 

Best Countries by Traders

🔎 Country	📉 Market Share
🥇 Malaysia	38.33%
🥈 South Africa	11.23%
🥉 Cameroon	4.82%
🏅 Tanzania	4.62%
🎖️ Singapore	4.31%

 

JustMarkets Web Traffic Report

🌎 Global Rank	80,669
🚩 Country Rank	2,586
📌 Category Rank	42
📊 Total Visits	660.2K
📉 Bounce Rate	46.34%
📈 Pages per Visit	4.33
⏰ Average Duration of Visit	00:06:01

 

In which countries is JustMarkets available?

JustMarkets is available in several countries worldwide, including South Africa, giving traders a global reach.

 

Can South African traders access JustMarkets?

Yes, South African traders can use JustMarkets and benefit from localized features such as ZAR deposits and withdrawals.

 

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

 

Recommendations according to our in-depth review of JustMarkets

Recommendations according to our in-depth review of JustMarkets:

• Provide more localized educational content, emphasizing the South African market and its unique trading conditions.
• To attract a broader spectrum of traders, include more local assets such as South African equities and indexes.
• Provide more complex market analysis tools and resources, especially for seasoned traders.
• To serve a diverse South African population and provide customer service in extra local languages.
• Increase emphasis on teaching traders, particularly newcomers, about the risks of high-leverage trading.
• Participate more actively in the South African trading community through local events, seminars, and collaborations.
• Provide a forum for South African traders to interact, discuss methods, and learn from one another.
• Implement and promote sustainable trade practices that align with global trends and the interests of local investors.

Furthermore, we recommend that the Broker expands the JustMarkets App to incorporate new features and tools for trading on the move.

 

JustMarkets Trading Platform

In our experience, The availability of both MetaTrader 4 and MetaTrader 5 on the trading platforms is a huge advantage. These systems are well-liked in the trading world due to their dependability, extensive feature set, and user-friendly interfaces.

Furthermore, advanced charting tools, an extensive range of technical indicators, and the option to use automated trading systems (EAs) are all available to South African traders.

Incorporating JustMarkets’ trading conditions, such as competitive spreads and large leverage options, into these platforms further improves the trading experience.

 

Quality of Customer Service

Our findings show that JustMarkets has provided outstanding customer assistance. The support team is responsive, knowledgeable, and helpful, immediately addressing questions and difficulties.

Customer assistance is available in many languages, including English, widely spoken in South Africa, ensuring good communication. While having customer help available around the clock would be ideal, the existing support hours are adequate.

In addition, the broker’s dedication to offering excellent customer support is palpable, adding to South African traders’ overall pleasant trading experience with JustMarkets.

 

Pros and Cons

 

 

Education and Research

 

The broker offers the following Educational Materials to South African traders:

• Quick Start
• Online Training Webinars
• Bookings for future webinars
• Forex Articles
• Forex Glossary
• Educational Videos
• Currencies

 

The broker also offers South African traders the following additional Research and Trading Tools:

• Market Overview
• Daily Forecasts
• Market News
• Economic Calendar

 

Forex Trading Guides

JustMarkets Forex trading guide is extensive. Need to empower a trader with knowledge and skills for the best that financial markets can offer.

Forex trading guides cover a whole lot of topics from the very basics of Forex trading for a beginner right up to the more advanced strategies adopted by the more seasoned traders.

The content includes definitions of some of the fundamental trading concepts, methods in technical and fundamental analysis, risk management practices, and practical tips for navigating the Forex market.

The guides can also be reached in several languages.

The guides were organized to suit levels of understanding so that traders could still find ways to improve understanding and build their confidence.

JustMarkets showcased that it believes in improving education and growth for its clients through such materials.

 

Research and Trading Tool Comparison

 

Pros and Cons

 

Does JustMarkets offer market analysis and research tools?

JustMarkets provides market analysis and research resources, such as economic calendars and market news, to assist traders in making informed decisions.

 

How often does JustMarkets update its market analysis?

JustMarkets continuously updates its market analysis to give traders timely and relevant information.

 

Customer Support

 

 

Pros and Cons

 

How can I contact JustMarkets customer support?

JustMarkets customer service can be reached via live chat on their website, email at support@justmarkets.com, or phone.

 

What is JustMarkets’ overall quality rating for customer support?

JustMarkets’ overall customer service quality is highly rated, often around 4/5, indicating its commitment to providing practical assistance.

 

Conclusion

According to our findings, JustMarkets is a tempting choice for South African traders, distinguished by its specialized approach to matching local requirements. In addition, the availability of ZAR accounts and support for regional payment methods, such as bank transfers, improve convenience and significantly lower currency conversion expenses.

The variety of account types and the availability of both MetaTrader 4 and MetaTrader 5 platforms serve a wide range of traders, from novices to seasoned professionals. In our view, the instructional resources and customer service are excellent.

Furthermore, the broker’s multi-jurisdictional regulation, including FSCA monitoring, offers another degree of confidence and security.  However, in our experience, while JustMarkets provides a reliable trading platform, its high-leverage choices, while appealing, may represent considerable hazards to new traders.

The broker balances competitive trading conditions and provides South African traders with a user-friendly experience.

JustMarkets Risk Warning and Disclaimer for traders: Trading on JustMarkets entails significant risks that South African traders must be aware of, including the potential loss of invested funds. Because of their inherent volatility, the Forex and CFD markets may not be suitable for all South African investors’ risk tolerance and objectives.

Before engaging in trading operations, South African traders should thoroughly assess their investment goals, degree of experience, and risk management capabilities.

Furthermore, understanding the complexities and problems of trading is critical. Seeking advice from an unbiased financial counselor is a sensible step in cases where uncertainty lingers.  In addition, it is essential to emphasize that past success is not a reliable predictor of future outcomes. As a result, South African traders must always approach their trading activities responsibly, employing prudence and diligence in their decision-making processes.

Therefore, risk management and appropriate trading practices are critical for success in the volatile world of financial markets.

 

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Frequently Asked Questions

 

Can I trade in ZAR with JustMarkets?

Yes, the broker allows South African traders to open accounts in ZAR, allowing them to deposit, trade, and withdraw funds in their home currency.

 

Is JustMarkets regulated?

Yes, the broker is regulated. The FSCA, CySEC, FSA, and FSC regulate JustMarkets.

 

Is JustMarkets regulated in South Africa?

Yes, the broker is licensed by South Africa’s Financial Sector Conduct Authority (FSCA), assuring compliance with local financial legislation.

 

How long does it take to withdraw from JustMarkets?

Withdrawals take a minimum of one hour, depending on the payment method. However, withdrawals can take up to 6 banking days to complete.

 

Does JustMarkets have VIX 75?

No, they do not have the Volatility 75.

 

Does JustMarkets have Nasdaq 100?

Yes, they offer Nasdaq 100 under “US 100”, with spreads from 1 pip.

 

What trading platforms does JustMarkets offer?

The broker offers major platforms MetaTrader 4 and MetaTrader 5 and its own JustMarkets App for mobile trading.

 

What types of accounts are available with JustMarkets?

The broker offers various account categories, including Standard, Pro, and Raw Spread accounts, each catering to distinct trading needs and methods.

 

Is JustMarkets Safe or a Scam?

The broker is safe for South Africans. It is well-regulated and has a high trust score and overall ranking.

 

What is the minimum deposit for JustMarkets?

The minimum deposit starts from 190 ZAR on the Cent and Standard Accounts.

 

How do I claim my Just Market bonus?

Trading orders with a total volume of 2.5 lots are required to make the bonus available for withdrawal.

 

Can I withdraw trading money?

Any money you’ve raised from selling investments must have ‘settled’ in your account before you can withdraw it.

 

References

Just Global Markets (MU) Limited

Just Global Markets Ltd FSA

Just Global Markets (PTY) Ltd

Justmarkets mt4 download