JustMarkets in 60 Seconds
| Question | Answer |
|---|---|
| Main reason to consider JustMarkets | Standard and Standard Cent accounts have a $10 minimum deposit, with MT4 and MT5 access. |
| Biggest drawback | Leverage and protections depend on the account’s regulatory entity; Cyprus-regulated retail clients are capped at 1:30. |
| Minimum deposit | $10 for Standard and Standard Cent; $200 for Pro and Raw Spread. |
| Pricing model | Standard and Pro are commission-free; Raw Spread pairs spreads from 0.0 pips with a per-trade commission. |
| Main platforms | MetaTrader 4, MetaTrader 5, MetaTrader WebTerminal and the JustMarkets Trading App. |
| Main markets | Forex, indices, commodities, stocks and cryptocurrencies. |
| Maximum leverage | Up to 1:3000 for international clients on major forex pairs and metals; Cyprus and European retail rules cap leverage at 1:30. |
| Best suited to | Beginners and cost-conscious forex/CFD traders who want a low initial deposit and flexible account types. |
| Less suited to | Traders who need high leverage under European retail rules or want support cases resolved quickly and clearly. |
The low entry deposit and several pricing structures offer room to choose, but the account’s legal entity can materially change the leverage available. High leverage is not a substitute for checking the rules attached to the specific account.
Pros
- Standard and Standard Cent accounts have a $10 minimum deposit.
- MT4 and MT5 support Expert Advisors and custom scripts on desktop or VPS environments.
- JustMarkets offers negative balance protection for retail clients.
Cons
- Cyprus and European retail rules cap leverage at 1:30.
- A $5 monthly inactivity fee applies after 150 consecutive dormant days to positive-balance accounts.
- Customer complaints include slow resolution and unclear communication on technical problems.
How JustMarkets Works
The basic trading model
JustMarkets offers leveraged trading across forex, indices, commodities, stocks and cryptocurrencies. Stock exposure is mainly through CFDs, so traders do not own the shares or receive voting rights. Index and cryptocurrency exposure is also through leveraged derivatives rather than ownership of an index or cryptocurrency held in a wallet. Commodity exposure is mainly through derivatives linked to spot or futures prices.
Clients choose among Standard Cent, Standard, Pro and Raw Spread accounts, then trade through MT4 or MT5, the MetaTrader WebTerminal or the JustMarkets Trading App. The account type affects the minimum deposit and pricing structure. Copy trading is also available through JustMarkets’ dedicated service, with Standard or Pro MT4 accounts required to participate.
Important regional differences
The international maximum leverage of up to 1:3000 applies to major forex pairs and metals, but it does not apply uniformly. Retail clients under CySEC or European rules are capped at 1:30, and cryptocurrency leverage is generally fixed at 1:20. JustMarkets does not accept clients from a number of countries, including the United States, United Kingdom, Australia and India.
The Costs That Matter
Trading costs
Standard and Pro accounts are commission-free, with costs reflected in floating spreads. Raw Spread starts from 0.0 pips and charges a fixed commission; the FX commission is typically around $3–$4 per side per standard lot, while metals may differ. These minimum spread figures are not the same as the average spreads below.
| Instrument | Typical / Average Spread | Commission |
|---|---|---|
| EUR/USD | 0.9 pips average | Depends on account; Raw Spread commission applies. |
| GBP/USD | 1.3 pips average | Depends on account; Raw Spread commission applies. |
| Gold (XAU/USD) | 2.4 points average | Depends on account; Raw Spread metals commission may differ. |
| S&P 500 CFD | 0.7 points average | Depends on account. |
Non-trading costs
JustMarkets does not charge internal deposit or withdrawal fees, although banks, payment processors and currency-conversion services may charge their own fees. Currency conversion can also apply when the payment currency differs from the account’s base currency or when trading an instrument quoted in a different currency.
A $5 maintenance fee is charged every 30 days after 150 consecutive dormant days, provided the account has a positive balance. Swap-free accounts are available across most account types, including Standard, Pro and Raw Spread, but administrative or storage fees may apply to certain instruments. Overnight funding charges can also apply to certain instruments depending on account level and swap-free status.
Cost takeaway
Standard and Pro keep the pricing structure simple by avoiding commissions, while Raw Spread may suit traders prioritising tighter spreads who are comfortable accounting for a separate transaction charge. Compare the account-specific pricing and instrument costs rather than treating the 0.0-pip Raw Spread starting point as the cost of every trade.
The Costs That Matter
- Standard and Pro accounts are commission-free; Raw Spread charges commission alongside its spread.
- Average spreads are 0.9 pips on EUR/USD, 1.3 pips on GBP/USD, 2.4 points on Gold and 0.7 points on the S&P 500 CFD.
- A $5 inactivity fee applies every 30 days after 150 consecutive dormant days to accounts with a positive balance.
Choosing Your JustMarkets Setup
Account options
| Feature | Standard Cent | Standard | Pro | Raw Spread |
|---|---|---|---|---|
| Pricing model | Commission-free; spreads from 0.3 pips | Commission-free; spreads from 0.3 pips | Commission-free; spreads from 0.1 pip | Spreads from 0.0 pips; $3 per lot per side on FX, metals may differ |
| Minimum deposit | $10 | $10 | $200 | $200 |
| Platform access | MT4 | MT4 / MT5 | MT4 / MT5 | MT4 / MT5 |
| Main restriction | MT4 only; cent denomination | Standard Cent is the only account in this comparison restricted to MT4 and uses cent denomination. | No separate account-specific restriction is stated; general regional/entity rules apply. | Commission applies; metals commission may differ |
| Most relevant for | Traders who want cent-denominated trading with a $10 minimum | Traders seeking commission-free pricing and a $10 minimum | Traders seeking commission-free pricing with a $200 minimum | Traders who prioritise spreads from 0.0 pips and accept a commission |
The most visible choice is between the lower-entry Standard accounts and the higher-minimum Pro and Raw Spread accounts. Standard Cent is the only account in this comparison restricted to MT4 and uses cent denomination. Pro keeps a commission-free structure, while Raw Spread adds a commission in exchange for spreads starting from 0.0 pips.
Platform choices
| Platform | Web | Desktop | Mobile | Automation | Main Limitation |
|---|---|---|---|---|---|
| MetaTrader 4 | Yes | Yes | Yes | Yes — Expert Advisors (MQL4) on the desktop/VPS environment | Full MQL4/EAs/custom-script functionality is desktop/VPS-centric; the browser/mobile clients do not provide the full desktop automation environment. |
| MetaTrader 5 | Yes | Yes | Yes | Yes — Expert Advisors (MQL5), Strategy Tester and MQL5 automation on desktop/VPS | Full EA/custom-code development and testing are desktop/VPS-centric; browser/mobile versions are primarily for trading and monitoring. |
| MetaTrader WebTerminal | Yes | No | Yes | No — Expert Advisors/scripts require the desktop MetaTrader environment | The browser terminal does not run MetaTrader Expert Advisors; advanced custom-code workflows require desktop MT4/MT5. |
| JustMarkets Trading App | No | No | Yes | No native user-programmable algorithmic engine identified; custom automation, where available, uses another supported platform/API. | Mobile proprietary app; EA/custom-code workflows remain on MT4/MT5. |
Base currency and account configuration
Account base currencies include USD, EUR, GBP, JPY, MYR, IDR, THB, VND, KWD, CNY, ZAR, AED, NGN and USC. Choosing a base currency that differs from the payment currency can lead to conversion costs charged by a payment provider or bank.
Demo accounts are available. Swap-free Islamic accounts can be requested across most account types, including Standard, Pro and Raw Spread; overnight interest is removed, although administrative or storage fees may apply to certain instruments.
Choosing Your JustMarkets Setup
- Standard and Standard Cent require $10; Pro and Raw Spread require $200.
- Standard Cent is cent-denominated and available on MT4; the other three account types support MT4 and MT5.
- Swap-free Islamic accounts are offered across most account types, though administrative or storage fees may apply to some instruments.
What You Can Trade
JustMarkets offers several leveraged market categories, but the number of instruments varies substantially by category. Stock exposure is mainly through CFDs rather than share ownership; the same derivative distinction applies to index and cryptocurrency exposure.
| Market | Approx. Number | Important Detail |
|---|---|---|
| Forex | 70 | Leveraged FX trading. Leverage, swap charges and pair availability can differ by account and legal entity. |
| Indices | 13 | Exposure is through leveraged derivatives rather than ownership of an index. Cash or futures pricing, trading hours and overnight charges can differ. |
| Commodities | 10 | Exposure is mainly through leveraged derivatives linked to spot or futures prices. Rollover, financing and trading-hour breaks can apply. |
| Stocks | 165 | Share exposure is mainly through CFDs. Traders do not own the shares or receive voting rights; short positions and overnight financing can apply. |
| Bonds | Not offered | - |
| Cryptocurrencies | 17 | Exposure is generally through leveraged derivatives rather than wallet ownership. Availability can be restricted by jurisdiction. |
| Other | Not offered | - |
What You Can Trade
- The instrument range includes 70 forex pairs, 13 indices, 10 commodities, 165 stocks and 17 cryptocurrencies.
- Stock exposure is mainly through CFDs, without share ownership or voting rights.
- Bonds and the Other category are not offered.
What Trading Is Like in Practice
Order execution
JustMarkets uses market execution across its account types. During major news releases and other volatile conditions, spreads can widen and orders can experience slippage, meaning a fill may be above or below the requested level. The broker does not provide an execution-speed figure in the terms covered here.
Leverage, margin and stop-out
International clients can access leverage up to 1:3000 on major forex pairs and metals, subject to instrument and account limits. Cyprus and European retail clients are capped at 1:30, while cryptocurrency leverage is generally fixed at 1:20. The margin-call level is 40% and the stop-out level is 20%.
High leverage can magnify losses as well as gains. JustMarkets provides negative balance protection for retail clients, but that protection does not prevent the loss of funds deposited in the account.
Trading restrictions
JustMarkets allows scalping, hedging, news trading and algorithmic trading. MT4 supports Expert Advisors and custom scripts coded in MQL4; MT5 supports MQL5 Expert Advisors and strategy testing. These automation tools run in the desktop MetaTrader environment or through a VPS rather than the browser and mobile clients. JustMarkets supports third-party VPS hosting but does not provide its own VPS.
Copy trading is available through a separate service, with Standard or Pro MT4 accounts required to participate. Copy trading is not available in every jurisdiction, including the UK.
Day-to-day usability
JustMarkets offers MT4 and MT5 on desktop, browser and mobile, plus a proprietary mobile trading app. The web terminal and mobile clients are more limited for custom automation than desktop MetaTrader. Hedging is permitted across major account types, while news trading can expose traders to wider spreads and slippage during fast markets.
What Trading Is Like in Practice
- JustMarkets uses market execution, and volatile markets can bring wider spreads and slippage.
- Scalping, hedging, news trading and algorithmic trading are allowed.
- Leverage reaches 1:3000 for eligible international forex and metals trading, but Cyprus and European retail clients are capped at 1:30.
From Sign-Up to First Trade
1. Eligibility
JustMarkets restricts clients from a range of countries, including the United States, United Kingdom, Australia, India, Japan, Canada and several European countries. Check that your country is eligible before beginning registration.
2. Registration
Choose an account type and trading platform. Standard and Standard Cent accounts have a $10 minimum deposit; Pro and Raw Spread require $200. A demo account is also available.
3. Verification
JustMarkets requires KYC verification. To access full account functionality, including deposits, uninterrupted trading and withdrawals, clients must complete their profile with personal details, a valid photo ID and proof of residence.
4. Initial funding
Deposit methods and minimums vary by payment option and region. The general account minimum is $10 for Standard and Standard Cent and $200 for Pro and Raw Spread. JustMarkets does not charge an internal deposit fee, though third-party provider or currency-conversion fees may apply.
5. Getting ready to trade
Use MT4 or MT5 for desktop trading and Expert Advisors, or choose the WebTerminal or mobile app for browser and mobile access. Copy trading requires a Standard or Pro MT4 account and may not be available in every jurisdiction.
From Sign-Up to First Trade
- KYC requires personal details, a valid photo ID and proof of residence.
- Full account functionality, including deposits, uninterrupted trading and withdrawals, requires profile verification.
- JustMarkets restricts clients from countries including the United States, United Kingdom, Australia and India.
Depositing and Withdrawing Money
Deposits
| Method | Minimum | Broker Fee | Broker Processing | Expected Settlement |
|---|
JustMarkets does not charge internal deposit fees. Banks, payment processors and currency-conversion services may charge their own fees, and the payment options available to a client depend on their region.
Withdrawals
| Method | Minimum | Broker Fee | Broker Processing | Expected Settlement |
|---|
JustMarkets does not charge internal withdrawal fees, though third-party fees may apply. Typical overall withdrawal times vary by method: e-wallets generally take about 1 hour and cryptocurrency payouts 15–60 minutes; card withdrawals can take 1–7 business days, local bank transfers 1–2 business days and bank wires 3–6 business days. Broker processing and final settlement by a bank, payment provider or blockchain are not necessarily the same stage.
Depositing and Withdrawing Money
- JustMarkets does not charge internal deposit or withdrawal fees, but third-party charges may apply.
- Typical withdrawal times range from about 1 hour for e-wallets to 3–6 business days for bank wires.
- Payment-method availability and minimums vary; broker processing is not necessarily the same as final settlement.
Customer Support
| Support Channel | Available | Hours | Languages / Important Notes |
|---|---|---|---|
| Live chat | Yes | 24/7 | English, Indonesian, Malaysian, Spanish, Portuguese, Vietnamese and Arabic |
| Help Center / Support Hub | Yes | 24/7 support | Online support resources |
| Yes | 24/7 support | [email protected] | |
| Phone | Yes | 24/7 support | +248 4632052; +230 2158180 |
| Messaging and social channels | Yes | 24/7 support | Telegram, Instagram, iMessage, Messenger and WhatsApp |
Availability
JustMarkets advertises 24/7 support and offers live chat, email, phone, online help resources and messaging or social channels.
How traders can get help
Clients can contact support through live chat, email or phone, or use the Help Center and Support Hub. Messaging options include Telegram, Instagram, iMessage, Messenger and WhatsApp. Support languages include English, Indonesian, Malaysian, Spanish, Portuguese, Vietnamese and Arabic.
Support limitations
Customer feedback points to recurring difficulties with technical cases, including slow resolution and unclear communication. Some users report quick responses and effective problem resolution, but those positive experiences do not remove the risk of delays when a problem is complex.
Customer Support
- Support is available 24/7 through live chat, phone, email, online support resources and messaging or social channels.
- Support languages include English, Indonesian, Malaysian, Spanish, Portuguese, Vietnamese and Arabic.
- Customer feedback includes recurring reports of slow resolution and unclear communication on technical problems.
What Protects Your Money?
JustMarkets operates through entities in several jurisdictions, including Cyprus, South Africa, Seychelles, Mauritius and the British Virgin Islands. The applicable regulator and client protections depend on the entity holding the account; the Cyprus compensation scheme does not extend to offshore entities.
Legal entities and regulators
| Client Region | Regulator | License / Registration | Main Protection |
|---|---|---|---|
| Cyprus | Cyprus Securities and Exchange Commission (CySEC) | 401/21 | Eligible retail clients under the Cyprus entity may be covered by the Investor Compensation Fund, typically up to €20,000. |
| South Africa | Financial Sector Conduct Authority (FSCA) | 51114 | Current JustMarkets materials state that client funds are segregated and negative balance protection is provided under its retail trading framework. Any statutory compensation scheme depends on the specific legal entity and jurisdiction. |
JustMarkets also operates under regulatory jurisdictions in Seychelles, Mauritius and the British Virgin Islands. The Cyprus Investor Compensation Fund protection applies only to eligible retail clients under the Cyprus entity; offshore entities do not offer the same scheme.
Client money protections
JustMarkets segregates client funds from its operational capital and provides negative balance protection to retail clients. If extreme market conditions take an eligible retail account below zero, the balance is reset to zero. This limits losses to the funds in the account but does not protect a client from losing their deposit.
Company transparency
JustMarkets was founded in 2012 and is not publicly traded. Its listed office locations include Seychelles, the British Virgin Islands, Cyprus, Mauritius and South Africa.
Important distinction
Compensation arrangements address eligible claims connected with a firm’s failure; negative balance protection addresses an account falling below zero during trading. Neither protection prevents ordinary trading losses or guarantees a positive return.
What Protects Your Money?
- CySEC licence 401/21 applies to the Cyprus entity; FSCA registration 51114 is associated with South African regulation.
- Eligible retail clients under the Cyprus entity may qualify for Investor Compensation Fund coverage, typically up to €20,000; offshore entities do not offer the same scheme.
- JustMarkets segregates client funds and provides negative balance protection to retail clients.
The Biggest Catch With JustMarkets
What the headline claim suggests
Leverage of up to 1:3000 can appear to be a defining feature, while the $10 minimum makes opening a Standard or Standard Cent account accessible with a small initial deposit.
What happens in practice
Leverage depends on the client’s regulatory jurisdiction and the instrument. Cyprus and European retail clients are capped at 1:30, and cryptocurrency leverage is generally fixed at 1:20. The minimum deposit also depends on the account: Pro and Raw Spread require $200, compared with $10 for Standard and Standard Cent.
Pricing changes with the account choice too. Standard and Pro are commission-free, whereas Raw Spread charges commission alongside spreads from 0.0 pips. Those headline figures describe different account structures and should not be treated as one universal JustMarkets offer.
Who should care most
Clients who are comparing leverage, trading costs or regulatory protections should first identify which JustMarkets entity will hold their account and which account type they plan to use. European retail traders in particular should not assume that the international maximum leverage applies to them.
Who JustMarkets Is Really For
Consider JustMarkets if you...
- Want to start with a $10 minimum on a Standard or Standard Cent account.
- Prefer a choice between commission-free pricing and a raw-spread account with a separate commission.
- Use MT4 or MT5 for Expert Advisors, custom scripts, hedging or scalping.
- Want access to copy trading and understand that it requires a Standard or Pro MT4 account and is not available in every jurisdiction.
You may want to look elsewhere if you...
- Need leverage above 1:30 while trading as a Cyprus- or European-regulated retail client.
- Need consistently rapid resolution of complex technical support problems.
- Want to own stocks or hold cryptocurrencies in a wallet rather than trade derivative exposure.
- Need access from a country JustMarkets restricts, such as the United States, United Kingdom, Australia or India.
The Bottom Line
JustMarkets’ clearest proposition is its low $10 entry minimum on Standard and Standard Cent accounts, combined with several account and platform choices. Its main compromise is that leverage, pricing and protections vary by account and regulatory entity, while customer feedback raises concerns about technical support cases. The trade-off is most likely to suit cost-conscious forex/CFD traders who check their entity’s terms before funding and do not rely on complex support issues being resolved quickly.
How We Reviewed JustMarkets
This review considers JustMarkets’ account structures, spreads and commissions, funding terms, platform capabilities, instruments, regulatory arrangements, client protections and support experience. Broker claims, regulatory records and user feedback are treated as distinct kinds of information; no personal trading test is claimed. For more detail on how brokers are assessed, see our review methodology.
Contact Info
- Website:
- https://www.justmarkets.com
- Email:
- [email protected]
- Phone:
- +248 4632027, +230 52970330
- Company Address:
- Office 10, Floor 2, Vairam Building, Providence Industrial Estate, Providence, Mahe.
FAQ
Is JustMarkets regulated?
JustMarkets operates under regulatory jurisdictions that include Cyprus, South Africa, Seychelles, Mauritius and the British Virgin Islands. CySEC licence 401/21 applies to its Cyprus entity, and FSCA registration 51114 is associated with its South African regulation. The regulator and protections depend on the entity holding the account.
What is the minimum deposit at JustMarkets?
The minimum deposit is $10 for Standard and Standard Cent accounts. Pro and Raw Spread accounts require $200. Payment-method minimums can differ from these account minimums.
What does JustMarkets charge for trading?
Standard and Pro accounts are commission-free, with costs reflected in floating spreads. Raw Spread has spreads from 0.0 pips and a commission, typically around $3–$4 per side per standard lot for FX; metals may differ. Average spreads include 0.9 pips on EUR/USD and 1.3 pips on GBP/USD.
Which JustMarkets account should I choose?
Standard and Standard Cent have a $10 minimum and no commission; Standard Cent uses cent denomination and is MT4-only. Pro has a $200 minimum and commission-free pricing, while Raw Spread also requires $200 and adds commission in exchange for spreads from 0.0 pips. Your choice depends on the pricing structure and platform access you need.
Which platforms does JustMarkets offer, and is there a demo account?
JustMarkets offers MT4, MT5, MetaTrader WebTerminal and the JustMarkets Trading App. Demo accounts are available. Expert Advisors and custom scripts run in the desktop MetaTrader environment or through a VPS, rather than in the browser and mobile clients.
What is the maximum leverage at JustMarkets?
International clients can access leverage up to 1:3000 on major forex pairs and metals, subject to instrument and account limits. Cyprus and European retail clients are capped at 1:30, and cryptocurrency leverage is generally fixed at 1:20.
Does JustMarkets allow scalping and automated trading?
JustMarkets allows scalping, hedging, news trading and algorithmic trading. MT4 supports MQL4 Expert Advisors and scripts, while MT5 supports MQL5 Expert Advisors and strategy testing on desktop or VPS environments. Copy trading is also offered, but is not available in every jurisdiction.
How long do JustMarkets withdrawals take, and does it protect against negative balances?
Typical withdrawal times vary by method: e-wallets generally take about 1 hour, cryptocurrency payouts 15–60 minutes, cards 1–7 business days, local bank transfers 1–2 business days and bank wires 3–6 business days. JustMarkets also provides negative balance protection for retail clients, resetting an account balance below zero to zero after extreme market conditions. This does not prevent losses of deposited funds.