6 minute read
Is JustMarkets Regulated Broker? It is Legal? Review 2025
from JustMarkets
by Exness_India
If you're wondering whether JustMarkets is a regulated and legal broker, the short answer is: Yes, but with important caveats. JustMarkets is a regulated broker under the Financial Services Authority (FSA) of Seychelles. However, the implications of this regulation—and what it means for your money—require a deeper look.
This article will go straight into the heart of the matter. We'll explore JustMarkets' regulatory status, its legal standing across various jurisdictions, its credibility, and what you, as a trader or investor, should be aware of before trusting the platform with your funds.
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What Does It Mean for a Broker to Be Regulated?
Before diving into JustMarkets specifically, it's crucial to understand what broker regulation really means.
A regulated broker is a brokerage firm that is overseen by a government financial authority. These authorities enforce rules to ensure the company operates with transparency, protects client funds, and acts fairly in the marketplace. Common regulatory bodies include:
FCA (UK)
ASIC (Australia)
CySEC (Cyprus)
SEC (USA)
FSCA (South Africa)
FSA (Seychelles, offshore)
The level of oversight and protection varies widely depending on the regulator. Top-tier regulators like the FCA or ASIC impose strict capital requirements, regular audits, and segregated client accounts. Offshore regulators, such as the FSA in Seychelles, offer more lenient requirements.
Is JustMarkets Regulated?
Yes, JustMarkets is regulated by the Financial Services Authority (FSA) of Seychelles. This is confirmed on its official website and public records. The regulatory entity is:
Company Name: Just Global Markets Ltd
Registration Number: 8427305-1
License Number: SD088
Regulator: Financial Services Authority (FSA), Seychelles
So technically, JustMarkets is a regulated broker. But here’s the critical part: this is an offshore regulator, not one of the “top-tier” watchdogs like the FCA or ASIC.
Is FSA Seychelles a Strong Regulator?
No, not really. The FSA of Seychelles is considered an offshore regulator, and while it does impose some requirements, its oversight is far more relaxed compared to European, Australian, or American regulators.
This doesn’t mean brokers licensed by the FSA are scams, but:
They don't require brokers to keep client funds in segregated accounts by law.
They don’t offer compensation schemes in case the broker goes bankrupt.
Investor protections are minimal.
Enforcement actions are rare and weak.
So, while JustMarkets is technically regulated, it’s under a low-tier regulatory body, which means less security and fewer guarantees for traders.
Is JustMarkets Legal?
Yes, JustMarkets is legal in the jurisdictions where it operates. It holds an FSA license that allows it to offer financial services internationally—except in certain restricted countries.
However, the legality of using JustMarkets depends on where you, the trader, are located. For example:
If you're in the UK, USA, Canada, or the EU, JustMarkets does not operate under a local license. It is not legal to solicit residents of these countries without local authorization.
If you're in Asia, Africa, Latin America, or the Middle East, JustMarkets is likely operating legally and can offer services based on local or offshore rules.
Always check your local financial regulations before opening an account.
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Can You Trust JustMarkets?
That’s a nuanced question. Here's a breakdown of the trust factors:
✅ What’s Good:
Regulated by FSA Seychelles: It's better than being completely unregulated.
Established brand: Founded in 2012 (formerly known as JustForex), the broker has over a decade of operation.
Positive user reviews: Many traders praise its spreads, platform features, and promotions.
Segregated funds: While not required by law under FSA, JustMarkets claims to maintain separate accounts for client money.
⚠️ What to Watch For:
Offshore regulation: Lower accountability compared to brokers under FCA or ASIC.
Limited transparency: Not much public info about their financial standing, audits, or shareholder structure.
No compensation scheme: If the broker goes bust, there is no investor protection.
Not allowed in major markets: Cannot serve clients from USA, UK, Canada, etc.
So, while JustMarkets may be trustworthy in its day-to-day operations, it does not offer the same level of legal protection and security as top-tier brokers.
Does JustMarkets Comply With International Standards?
JustMarkets does claim to follow international standards for:
AML (Anti-Money Laundering) compliance
KYC (Know Your Customer) procedures
Fund segregation policies
However, because it is not regulated by a first-tier authority, there is no third-party verification or audit of these practices.
This means: you have to take their word for it.
What Platforms and Assets Does JustMarkets Offer?
JustMarkets offers a wide range of instruments, including:
Forex: 60+ currency pairs
Metals: Gold, silver
Indices & Stocks: CFDs on global indices and individual shares
Crypto: CFD trading on Bitcoin, Ethereum, etc.
It supports MetaTrader 4 and MetaTrader 5, the most widely used trading platforms globally.
These offerings are attractive—but remember, CFDs are high-risk instruments, and offshore brokers often provide very high leverage (up to 1:3000), which increases both potential profits and potential losses.
Does JustMarkets Offer Negative Balance Protection?
Yes, JustMarkets does offer negative balance protection, meaning you can’t lose more than your deposit.
However, this is a policy, not a regulation. Unlike EU brokers, which must provide this by law, JustMarkets can change this policy at any time. Again, it comes down to trust, not regulatory obligation.
Is Your Money Safe With JustMarkets?
This is the most critical question. Here's the reality:
There is no guarantee of fund safety under FSA Seychelles.
There is no investor compensation scheme.
Client funds may be at higher risk if the company experiences financial difficulties.
Withdrawals and deposits work fine for most users, but in a crisis scenario, you may have no legal recourse.
If safety of funds is your top priority, you should consider using a broker licensed under FCA, ASIC, or CySEC.
Who Should Use JustMarkets?
JustMarkets can be a decent option for traders who:
Live in countries where major brokers don’t operate
Want high leverage and flexible account types
Are aware of the risks of trading with offshore brokers
Use strict risk management strategies
Don’t need investor compensation schemes
If you’re a professional trader who prioritizes low spreads and fast execution over regulatory backing, JustMarkets might suit you.
However, if you are a beginner or conservative investor, this may not be the safest option.
Final Verdict: Is JustMarkets Regulated and Legal?
Yes, JustMarkets is a regulated broker—but under a low-tier offshore authority (FSA Seychelles).Yes, it is legal to use in many countries—but not all.Yes, it has been operating for over 10 years and has a large user base.
But:
No, it is not regulated by top-tier authorities like the FCA, ASIC, or CySEC.
No, it does not offer the same level of legal and financial protection as more reputable brokers.
No, your funds are not insured under any compensation scheme.
Bottom line:
JustMarkets is a legally operating offshore broker with basic regulatory oversight. It’s legitimate, but it’s not ideal for risk-averse traders.
If you choose to trade with JustMarkets, understand the risks and never invest more than you can afford to lose.
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