8 minute read
Is JustMarkets a Good Broker? A Straightforward Review for Traders
from JustMarkets
by Exness_India
If you’re wondering, “Is JustMarkets a good broker?” you’re not alone. Choosing the right forex and CFD broker can make or break your trading journey, and JustMarkets has been a name popping up frequently in 2025. In short, JustMarkets is a solid choice for many traders, especially those seeking low spreads, high leverage, and a user-friendly experience. But, like any broker, it has its pros and cons. Let’s dive into a no-nonsense review to help you decide if JustMarkets is the right fit for you.
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What Is JustMarkets?
JustMarkets, originally launched as JustForex in 2012, is a globally recognized forex and CFD broker headquartered in Limassol, Cyprus. It operates under multiple regulatory bodies, including CySEC (Cyprus), FSCA (South Africa), FSC (Mauritius), and FSA (Seychelles). With over a million clients across 190+ countries, it’s built a reputation for competitive trading conditions, diverse instruments, and accessible platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). But does it live up to the hype? Let’s break it down.
Why Traders Choose JustMarkets: The Pros
1. Competitive Spreads and Low Fees
One of the standout features of JustMarkets is its tight spreads. For example, the Raw Spread account offers spreads as low as 0.0 pips with a reasonable $3 commission per lot, which is competitive compared to industry standards. The Standard account starts at 0.3 pips with no commission, making it ideal for beginners or low-volume traders. Plus, there are no deposit fees, and withdrawal fees are generally low, depending on the method. This cost-effective structure is a big draw for traders looking to maximize profits.
2. High Leverage Options
JustMarkets offers leverage up to 1:3000 for international traders (1:30 for EU retail clients due to regulatory restrictions). This high leverage is a double-edged sword—it can amplify profits but also increases risk. For experienced traders who know how to manage risk, this flexibility is a huge plus.
3. Variety of Trading Instruments
With over 260 tradable instruments, JustMarkets covers forex (major, minor, and exotic pairs like EURUSD and USDZAR), CFDs on stocks, indices, commodities, metals, and cryptocurrencies. This diversity allows traders to explore multiple markets and strategies, whether you’re into scalping forex or trading crypto volatility.
4. User-Friendly Platforms
JustMarkets sticks to the tried-and-true MetaTrader 4 and MetaTrader 5 platforms, available on desktop, mobile, and web. These platforms are loved for their advanced charting, automated trading via Expert Advisors (EAs), and customization options. The broker also offers a proprietary mobile app for seamless trading on the go. If you’re a fan of straightforward, reliable platforms, JustMarkets delivers.
5. Educational Resources for All Levels
Whether you’re a newbie or a seasoned trader, JustMarkets provides a wealth of free educational content. From in-depth articles and trading glossaries to video tutorials and daily market forecasts, the broker equips you with tools to improve your skills. While it lacks third-party tools like Trading Central, the content is practical and beginner-friendly.
6. Multiple Account Types
JustMarkets offers four main account types to suit different trading styles:
Standard Cent: Perfect for beginners with a $1 minimum deposit and micro-lot trading.
Standard: No commission, low spreads, and a $1 minimum deposit.
Pro: Tighter spreads starting at 0.1 pips, $100 minimum deposit.
Raw Spread: Market-level spreads from 0.0 pips with a $3 commission per lot, $200 minimum deposit.
All accounts support swap-free (Islamic) options, and demo accounts are available for practice.
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7. Strong Regulation
JustMarkets is regulated by reputable authorities like CySEC, FSCA, FSC, and FSA, ensuring client funds are segregated and protected. It also offers negative balance protection, which is a safety net for traders. This regulatory framework adds a layer of trust, especially compared to unregulated brokers.
The Downsides: What to Watch Out For
No broker is perfect, and JustMarkets has a few drawbacks to consider.
1. Light Regulation in Some Jurisdictions
While JustMarkets is regulated by CySEC and FSCA, its Seychelles and Mauritius licenses (FSA and FSC) are considered less stringent than top-tier regulators like the FCA or ASIC. This might concern traders prioritizing maximum security. If you’re trading from a region with stricter oversight (e.g., the EU), you’ll benefit from CySEC’s protections, but international traders should weigh this carefully.
2. Limited Asset Variety
While JustMarkets offers over 260 instruments, it lacks futures and ETF trading, which could disappoint traders looking for broader market exposure. The cryptocurrency selection is decent but not as extensive as some competitors. If you’re focused solely on forex and CFDs, this won’t be an issue, but diversified traders might feel limited.
3. Mixed Customer Support Experiences
JustMarkets offers 24/7 support via email, live chat, phone, and platforms like Telegram and WhatsApp. Many traders praise its responsiveness, but some report delays or automated responses, especially for complex issues like delayed withdrawals. If you value instant support, this could be a sticking point.
4. Withdrawal and Deposit Issues
Some user reviews highlight delays in deposits and withdrawals, with cases of funds taking days to process despite claims of instant transactions. For example, one trader reported a four-day delay for a crypto deposit, and another waited weeks for a withdrawal. While these issues are often resolved, they can be frustrating, especially for active traders.
5. Inactivity Fees
JustMarkets charges a $5 inactivity fee after 150 days of no trading activity, which could erode your account balance if you’re a part-time trader. This is common in the industry, but it’s worth noting if you trade sporadically.
6. Copy Trading Limitations
While JustMarkets offers a copy trading platform, it’s not as robust as those of competitors like eToro. Some traders have noted a lack of advanced risk management tools for copy trading, which could be a drawback for passive investors.
Is JustMarkets Safe and Legit?
Yes, JustMarkets is a legitimate broker with a strong track record since 2012. Its regulation by CySEC, FSCA, FSC, and FSA, combined with segregated client funds, SSL encryption, and negative balance protection, makes it a secure choice for most traders. It has a Trustpilot rating of 4.8/5 based on over 3,500 reviews, reflecting high customer satisfaction. However, some negative reviews on platforms like Forex Peace Army mention issues like profit cancellations or withdrawal delays, so due diligence is key. Always start with a demo account to test the waters.
Who Should Trade with JustMarkets?
JustMarkets is a great fit for:
Beginners: Low minimum deposits ($1 for Standard and Cent accounts), free educational resources, and a demo account make it easy to start.
Scalpers and Day Traders: Tight spreads and high leverage cater to short-term trading strategies.
Global Traders: Support for multiple payment methods (including crypto and local bank transfers) and a presence in 190+ countries make it accessible.
It might not suit:
Traders Seeking Futures or ETFs: The lack of these instruments could be a dealbreaker.
Those Prioritizing Top-Tier Regulation: If you want FCA or ASIC oversight, you might look elsewhere.
Passive Investors: The copy trading system could use improvement for those relying on it.
How to Get Started with JustMarkets
Open an Account: Visit justMarkets.com and complete the quick three-page registration form. Choose between Standard Cent, Standard, Pro, or Raw Spread accounts.
Verify Your Identity: Submit ID documents for compliance with regulatory requirements.
Deposit Funds: Use bank cards, e-wallets (Skrill, Neteller), crypto, or local bank transfers. The minimum deposit is as low as $1 for some accounts.
Download a Platform: Install MT4, MT5, or the JustMarkets app on your device.
Start Trading: Practice with a demo account or dive into live trading with real funds.
Tips for Success with JustMarkets
Test with a Demo Account: Familiarize yourself with the platform and test strategies risk-free.
Understand Leverage Risks: High leverage (1:3000) can lead to significant losses if not managed properly.
Use Educational Resources: Take advantage of JustMarkets’ articles, videos, and daily forecasts to improve your trading skills.
Monitor Fees: Be aware of inactivity fees and check withdrawal processing times for your chosen method.
Read Reviews Carefully: Cross-reference user experiences on Trustpilot and Forex Peace Army, but verify complaints with the broker directly.
Final Verdict: Is JustMarkets Worth It?
So, is JustMarkets a good broker? For most traders, yes, it’s a reliable and cost-effective option. Its low spreads, high leverage, and diverse instruments make it appealing for both beginners and pros. The regulatory backing from CySEC and FSCA adds trust, and the MT4/MT5 platforms are a safe bet for functionality. However, be cautious of potential withdrawal delays, lighter regulation in some jurisdictions, and limited copy trading features. If you’re looking for a versatile broker with competitive conditions, JustMarkets is worth a try—just start small and do your research.
✅ Trade with JustMarkets now: Open An Account or Visit Brokers 👈
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