5 minute read
Is JustMarkets Safe or a Scam? Review Broker
from JustMarkets
by Exness_India
If you’re here for the short answer: JustMarkets is a regulated broker and not a scam — but it comes with both strengths and potential concerns you should know before you trade.
This review goes straight into the facts: regulation, safety, trading experience, and user feedback, without any fluff.
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What Is JustMarkets?
JustMarkets, formerly known as Justforex, is an online brokerage offering forex, commodities, indices, cryptocurrencies, and CFDs. It’s active in Asia, Africa, and parts of Europe, attracting traders with:
· Low deposit requirements (as little as $10)
· Tight spreads and competitive commissions
· Popular platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5)
· High leverage (up to 1:3000 in some regions)
On the surface, it checks all the boxes for a modern broker. But let’s look beyond the marketing.
Regulation: The Core of Safety
The first sign a broker is not a scam is legitimate regulation. JustMarkets is licensed in several jurisdictions:
· Seychelles Financial Services Authority (FSA)
· Cyprus Securities and Exchange Commission (CySEC)
· Financial Sector Conduct Authority (FSCA) in South Africa
· Financial Services Commission (FSC) in Mauritius
This proves it operates within a legal framework. However, note that none of these are “Tier-1” regulators like the UK’s FCA or Australia’s ASIC, which offer the strictest investor protections.
What this means for you: JustMarkets is legitimate and overseen by regulators, but the safety net is smaller compared to top-tier regulation.
Built-In Safety Measures
Beyond regulation, JustMarkets has implemented standard client-protection policies:
Segregated Accounts – Your funds are kept separate from company funds, reducing the risk of misuse.
Negative Balance Protection – You can’t lose more than you deposit, even in extreme market volatility.
Data Security – SSL encryption protects your transactions and personal information.
These are solid features that align with industry best practices, but as always, real-world execution matters more than promises.
Trading Conditions: What You Actually Get
One of JustMarkets’ biggest draws is its flexible and affordable trading setup.
· Platforms – MT4, MT5, and mobile apps, supporting advanced charting and automated trading.
· Account Types – Standard, Pro, Raw Spread to match different trading styles.
· Costs – Spreads from 0.0 pips on Raw Spread accounts, with low commissions; slightly wider spreads on Standard accounts with no commission.
· Leverage – Up to 1:3000 in some jurisdictions (powerful, but risky).
This setup is attractive for cost-conscious traders and those who value choice. Still, high leverage is a double-edged sword — it can multiply profits and losses equally.
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Deposits and Withdrawals: The Real Test
JustMarkets supports multiple payment options, including bank transfers, cards, Skrill, and Neteller. Deposits are typically instant; withdrawals are advertised as taking 1–3 business days.
User experience, however, is mixed:
· Many traders report smooth, fast withdrawals.
· Others complain about delays, additional verification requests, or blocked profits.
· Some rare cases involve traders claiming they were accused of “fraudulent trading” after making large profits, leading to withheld earnings.
While brokers must enforce anti-fraud and AML rules, the frequency of such complaints means new traders should start small and test withdrawals before scaling up.
Customer Support
Support is available via live chat, email, and phone. The service is multilingual, catering to JustMarkets’ global audience.
· Positive reports mention friendly and fast live-chat responses.
· Negative reports say complex issues (like disputes over trades or verification problems) can take too long to resolve.
As with many brokers, everyday support is fine — but urgent or contentious issues may require persistence.
Reputation and Reviews
Online reviews paint two very different pictures.
Happy clients praise:
· Fast trade execution with minimal slippage
· Competitive pricing
· Smooth deposits/withdrawals (especially small amounts)
· Helpful market analysis and learning tools
Unhappy clients complain about:
· Withdrawal delays or denials
· Account restrictions after profits
· Bonus terms that feel unclear or restrictive
· Slow dispute resolution
In trading, it’s normal to see polarized feedback — losing money can make traders angry even if it’s due to market conditions. But recurring themes about withdrawal issues deserve serious attention.
Strengths Worth Noting
· Legitimate regulation in multiple countries
· Low barrier to entry (from $10)
· Tight spreads and low commissions
· MT4 and MT5 support
· Flexible account types and trading conditions
Concerns You Shouldn’t Ignore
· No FCA or ASIC license (lower investor protection)
· Mixed withdrawal experiences — especially for large profits
· Extremely high leverage can be dangerous for beginners
· Customer support can be slow for complex problems
Final Verdict
So, is JustMarkets safe or a scam?
It’s safe in the sense that it’s a legitimate, regulated broker, not a fly-by-night operation. But it’s not as ironclad as brokers regulated by Tier-1 authorities.
If you value flexibility, low trading costs, and high leverage, JustMarkets could fit your needs — as long as you start small, test withdrawals, and read all terms carefully. If maximum safety is your priority, especially with large capital, you may want to choose a broker with FCA or ASIC oversight.
✅ Trade with JustMarkets now: Open An Account or Visit Brokers 👈
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