7 minute read
What Is the Minimum Deposit for JustMarkets? A Clear Guide
from JustMarkets
by Exness_India
If you’re considering trading with JustMarkets, one of the first questions you might have is: What is the minimum deposit required to get started? The answer depends on the account type you choose. For Standard and Standard Cent accounts, the minimum deposit is as low as $1, making it incredibly beginner-friendly. For Pro and Raw Spread accounts, you’ll need at least $100. In this article, I’ll break down everything you need to know about JustMarkets’ minimum deposit requirements, account types, payment methods, and why this broker is a great choice for traders of all levels. Let’s dive in!
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Why JustMarkets Stands Out for Low Deposits
JustMarkets, a global forex and CFD broker founded in 2012, has built a reputation for accessibility and flexibility. With licenses from reputable bodies like the Cyprus Securities and Exchange Commission (CySEC) and the Financial Sector Conduct Authority (FSCA), it’s a trusted platform for over a million traders in nearly 200 countries. One of its biggest draws? The ultra-low minimum deposit that makes trading accessible to almost anyone.
Whether you’re a newbie testing the waters or a seasoned trader looking for competitive spreads, JustMarkets offers account types tailored to your needs. Let’s explore the minimum deposit requirements for each account type to help you decide which one suits you best.
Breaking Down JustMarkets’ Account Types and Minimum Deposits
JustMarkets offers four main account types: Standard, Standard Cent, Pro, and Raw Spread. Each has its own minimum deposit and unique features. Here’s a quick rundown:
1. Standard Account: $1 Minimum Deposit
Who it’s for: Beginners and casual traders.
Minimum deposit: $1 (or equivalent in other currencies like EUR, GBP, or ZAR).
Key features: No commissions, spreads starting from 0.3 pips, and access to a wide range of instruments (forex, indices, commodities, stocks, and crypto). You can trade on MetaTrader 4 (MT4) or MetaTrader 5 (MT5) with leverage up to 1:3000.
Why choose it? This account is perfect if you’re just starting out or want to trade with minimal risk. The $1 entry point is one of the lowest in the industry, making it ideal for those with limited capital.
2. Standard Cent Account: $1 Minimum Deposit
Who it’s for: Absolute beginners or those testing strategies.
Minimum deposit: $1.
Key features: Similar to the Standard account but with micro-lot trading (trade sizes are displayed in cents, not dollars). Spreads start at 0.3 pips, and there are no commissions. Available only on MT4.
Why choose it? The Standard Cent account is a low-risk way to practice trading with real money. It’s like a bridge between a demo account and full-scale trading, letting you feel the market without risking much.
3. Pro Account: $100 Minimum Deposit
Who it’s for: Experienced traders looking for tighter spreads.
Minimum deposit: $100.
Key features: Zero commissions, spreads from 0.1 pips, and access to the same broad range of instruments as the Standard account. Available on both MT4 and MT5.
Why choose it? If you’ve got some trading experience and want better pricing without commissions, this account offers a great balance of affordability and professional-grade conditions.
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4. Raw Spread Account: $100 Minimum Deposit
Who it’s for: Advanced traders or scalpers.
Minimum deposit: $100.
Key features: Ultra-tight spreads starting from 0 pips, but with a $3 commission per lot per side. Like the Pro account, it supports MT4/MT5 and offers high leverage.
Why choose it? This account is designed for traders who prioritize the lowest possible spreads and are comfortable with commission-based trading. It’s ideal for high-frequency trading strategies.
Note: Some sources mention a $10 minimum deposit for Standard and Standard Cent accounts, but JustMarkets’ official website and recent reviews confirm that $1 is sufficient to start trading on these accounts. Always check the official JustMarkets website for the latest details, as minimums may vary slightly depending on the payment method used.
How to Make Your First Deposit with JustMarkets
Getting started with JustMarkets is straightforward. Here’s a step-by-step guide to making your first deposit:
Register an Account: Visit the JustMarkets website, click “Register,” and fill in your details (name, email, phone number). Verify your email and complete the identity verification process by uploading proof of ID and address.
Log in to Your Personal Area: Once your account is verified, log in to the Back Office.
Choose Your Account Type: Select whether you want a Standard, Standard Cent, Pro, or Raw Spread account.
Select a Payment Method: JustMarkets supports a variety of deposit options, including:
Bank cards: Visa, MasterCard (minimum $10).
E-wallets: Skrill, Neteller, Perfect Money, Sticpay.
Cryptocurrencies: Bitcoin (minimum $30), Ethereum, and others.
Bank transfers and local payment methods (varies by country).
Enter the Deposit Amount: Specify how much you want to deposit (as low as $1 for Standard/Standard Cent accounts).
Confirm the Transaction: Follow the prompts to complete the payment. Most deposits are processed instantly, though bank transfers may take 1-6 days.
JustMarkets doesn’t charge deposit fees, but your payment provider might (e.g., 1-3% for credit cards). Always double-check for any third-party fees to avoid surprises.
Why the Low Minimum Deposit Matters
A $1 minimum deposit is a game-changer for several reasons:
Accessibility for Beginners: Not everyone has hundreds of dollars to invest upfront. JustMarkets’ low entry point lets you start trading without breaking the bank.
Risk Management: With the Standard Cent account, you can trade micro-lots, meaning even small price movements won’t lead to big losses. It’s a great way to learn without risking much.
Testing Strategies: The low deposit allows you to test trading strategies or explore JustMarkets’ platforms (MT4/MT5) with real money, bridging the gap between demo and live trading.
Global Appeal: With support for 13 base currencies (USD, EUR, GBP, JPY, ZAR, etc.), you can avoid conversion fees by funding your account in your local currency.
Bonuses to Boost Your Deposit
JustMarkets sweetens the deal with deposit bonuses. They offer a 50% bonus on deposits of $10 or more for Standard, Standard Cent, and Pro accounts. For example, deposit $100, and you’ll get an extra $50 in trading credit. There’s also a 120% bonus for deposits of $500 or higher on Pro and Standard accounts, though this promotion may end by April 2025. These bonuses can’t be withdrawn but can be used as additional margin for trading, giving you more flexibility.
To claim a bonus:
Log in to your Personal Area.
Go to the “Benefits” section and select “Available Bonuses.”
Choose the bonus and complete your deposit.
Keep in mind that bonuses come with terms (e.g., they apply only to one-time deposits, not cumulative ones). Always read the rules on JustMarkets’ website to understand how they work.
Things to Watch Out For
While JustMarkets is a solid choice, here are a few things to keep in mind:
Regulatory Concerns: Some reviews (e.g., FxScouts Nigeria) note that JustMarkets’ regulatory oversight is weaker compared to top-tier brokers, and there have been reports of withdrawal issues. However, most user feedback praises their fast withdrawals and customer support. Always verify your account fully to avoid delays.
High Leverage Risks: JustMarkets offers leverage up to 1:3000, which can amplify profits but also losses. If you’re new to trading, start with lower leverage (e.g., 1:30) to manage risk.
Payment Method Limits: While the minimum deposit is $1 for some accounts, certain payment methods (e.g., Bitcoin) require a higher minimum, like $30. Check the requirements for your chosen method.
Is JustMarkets Right for You?
JustMarkets’ low minimum deposit makes it an excellent choice for beginners and budget-conscious traders. The $1 entry point for Standard and Standard Cent accounts is hard to beat, and the $100 requirement for Pro and Raw Spread accounts is still competitive. Combine that with commission-free options, tight spreads, and a user-friendly platform (MT4/MT5), and you’ve got a broker that caters to both newbies and pros.
If you’re hesitant, start with a demo account (free and unlimited) to test the waters. Once you’re ready, the low deposit and flexible payment options make it easy to jump in. Just be cautious with high leverage and always trade within your means.
Final Thoughts
So, what’s the minimum deposit for JustMarkets? It’s $1 for Standard and Standard Cent accounts and $100 for Pro and Raw Spread accounts. This flexibility, paired with robust trading tools, fast execution, and attractive bonuses, makes JustMarkets a top pick for traders worldwide. Whether you’re starting with pocket change or a bigger budget, JustMarkets has an account to fit your needs.
✅ Trade with JustMarkets now: Open An Account or Visit Brokers 👈
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