6 minute read
Is JustMarkets Available in India? A Comprehensive Review
from JustMarkets
by Exness_India
Yes, JustMarkets is available in India, and Indian traders can open accounts, deposit funds, and trade on its platforms without significant restrictions. But the bigger question is—should Indian traders choose JustMarkets over other options? This comprehensive review dives into everything you need to know before signing up, including regulatory clarity, features, benefits, drawbacks, and whether it’s a safe and smart choice for Indian investors.
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JustMarkets and Its Availability in India
JustMarkets is an international online broker that offers access to forex, commodities, indices, and cryptocurrencies. Despite not being regulated by SEBI (Securities and Exchange Board of India), it accepts clients from India. This means Indian residents can legally register and trade with JustMarkets, but they must understand that the broker is offshore and not locally supervised.
Indian traders can open accounts in INR, use local payment methods (like UPI or bank transfer via intermediaries), and even participate in promotions and contests. However, since the broker isn’t SEBI-regulated, any dispute would fall outside Indian legal jurisdiction.
Is It Legal to Trade with JustMarkets in India?
Yes, it is legal to trade with international forex brokers like JustMarkets as long as you’re trading non-INR currency pairs, CFDs, or cryptocurrencies, which fall under a regulatory gray area. RBI prohibits trading INR-based currency pairs with offshore brokers. So, while using JustMarkets is not illegal, it must be done with caution and awareness of the limitations imposed by Indian law.
Is JustMarkets Safe for Indian Traders?
JustMarkets is not regulated by Indian authorities, but it is licensed under the FSA of Seychelles, which provides a moderate level of regulatory oversight. While not as strong as FCA (UK) or ASIC (Australia), it still imposes basic financial and operational standards.
Key safety measures include:
Segregated client funds
Negative balance protection
SSL encryption
Two-factor authentication
However, traders must be aware that in the event of disputes or broker insolvency, the lack of SEBI oversight may limit legal recourse.
Trading Platforms and Tools
JustMarkets offers access to industry-standard platforms such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are widely trusted and offer robust tools for charting, indicators, automated trading, and copy trading.
Indian traders will benefit from:
Mobile and desktop compatibility
Fast execution
Custom indicators and EAs
Support for scalping, hedging, and algorithmic trading
These platforms are reliable and familiar to most experienced traders, making it easy for Indian users to integrate them into their trading routine.
Account Types and Trading Conditions for Indian Users
JustMarkets offers several account types that suit beginner, intermediate, and advanced traders:
Standard
Pro
Raw Spread
Each account varies in terms of spread, commission, and leverage. For Indian users, leverage up to 1:3000 is available depending on account type and instrument. However, such high leverage should be used cautiously.
Minimum deposits are low (starting from $1), making it accessible for Indian retail traders. Spreads are competitive, especially on Raw accounts, and the commission is clearly stated.
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Deposit and Withdrawal Options in India
One of JustMarkets’ strengths is its support for India-friendly payment methods, including:
UPI (through intermediaries)
Bank Wire
Skrill, Neteller
Crypto wallets
Deposits are typically processed instantly, while withdrawals may take 1–3 business days. There are no fees from JustMarkets on most payment channels, though third-party fees might apply.
Bonuses, Promotions, and Contests for Indian Traders
JustMarkets regularly offers no-deposit bonuses, 100% deposit bonuses, and trading contests. Indian traders are eligible for these promotions and can use them to start trading without risking much capital.
However, it’s essential to read the bonus terms, as they usually come with trading volume requirements before withdrawals are allowed.
Customer Support and Service in India
JustMarkets offers multilingual customer support, including availability for Indian users via:
Live chat (24/7)
Email support
Help center with FAQs
The support is responsive and fairly knowledgeable. While there is no physical office or local hotline in India, the online support team is capable of resolving most issues.
Education and Research for Indian Users
For Indian traders new to forex or CFD trading, JustMarkets provides:
Video tutorials
Beginner articles
Market news
Technical and fundamental analysis
This educational content is helpful, though not as deep or region-specific as what some brokers offer. Indian traders seeking to improve their trading skills will still find these resources valuable.
Pros of Using JustMarkets in India
✅ Accepts Indian residents and supports INR-friendly payment methods
✅ Low deposit requirements and high leverage
✅ Competitive spreads and execution speed
✅ Bonuses and contests open to Indian users
✅ Access to MT4/MT5 platforms
Cons of Using JustMarkets in India
❌ Not regulated by SEBI or any Tier-1 regulatory body
❌ No INR currency pairs or INR trading accounts
❌ No local office or regulatory protections in India
❌ Trading bonuses can be restrictive
❌ Limited product range compared to global giants
How Does JustMarkets Compare to Other Brokers in India?
When compared to regulated brokers like Zerodha, ICICI Direct, or even international brokers like IG or Saxo, JustMarkets provides higher leverage, lower entry cost, and more flexible trading. However, it falls short in terms of regulatory protection and trust factor.
It’s more comparable to other offshore brokers like Exness, Octa, or FBS, which also target Indian users with similar offerings and payment methods.
If you’re looking for ultra-low spreads, bonuses, and freedom to use high leverage, JustMarkets might appeal to you. But if you prioritize security, transparency, and local legal safety, you may want to explore brokers regulated in India or those holding FCA or ASIC licenses.
Final Verdict: Should Indian Traders Use JustMarkets?
Yes—if you understand the risks.
JustMarkets is a viable option for Indian traders who are looking for:
A global broker that accepts Indian clients
MT4/MT5 access
Low-cost trading
High leverage and promotional bonuses
However, it is not the safest choice for long-term investing or large capital deposits due to its offshore regulation and lack of SEBI approval. Retail traders using smaller accounts or experimenting with CFDs might find it useful. For serious investors, exploring more robustly regulated brokers may be wiser.
In summary:JustMarkets is available in India, offers flexible and attractive trading conditions, but demands informed decision-making and responsible risk management.
✅ Trade with JustMarkets now: Open An Account or Visit Brokers 👈
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