JustMarkets Review

JustMarkets is a multi-regulated forex and CFD broker founded in 2012, formerly known as JustForex. Headquartered in Seychelles with a regulated entity in Cyprus, the broker serves traders across 160+ countries with low minimum deposits, competitive raw spreads, and leverage up to 1:3000.

Who Is JustMarkets?

JustMarkets launched in 2012 under the name JustForex before rebranding in 2022. The company operates through multiple legal entities: JustMarkets Ltd in Cyprus, Just Global Markets Ltd in Seychelles, and subsidiaries in South Africa and Mauritius.

The broker has built a strong following in emerging markets, particularly across Africa, Southeast Asia, and the Middle East. It holds awards including Best Broker Africa 2023 and Best Broker Asia 2022 from UFAwards. Client accounts number in the millions, though the majority route through the offshore Seychelles entity rather than the CySEC-regulated arm.

JustMarkets positions itself as an accessible broker for retail traders who want low entry barriers, fast execution, and flexible account options.

Regulation and Safety

JustMarkets holds five regulatory licences across different jurisdictions:

• CySEC (Cyprus): Licence 401/21
• FSA (Seychelles): Licence SD088
• FSCA (South Africa): FSP 51114
• FSC (Mauritius): Licence GB22200881
• FSC (British Virgin Islands): Licence SIBA/L/24/1177

The CySEC licence is the strongest of the five. EU clients registered under this entity benefit from the Investor Compensation Fund (ICF), which provides coverage up to EUR 20,000 per client. Negative balance protection applies across all entities.

However, most international clients are onboarded through the Seychelles entity, which carries weaker regulatory protections. This is a common structure among brokers targeting emerging markets, but traders should understand the distinction.

Client funds are held in segregated accounts, separated from the broker's operational capital. JustMarkets uses respected financial institutions for this purpose, reducing counterparty risk.

The FSCA licence is relevant for South African traders, providing local regulatory oversight. The Mauritius and BVI licences serve as additional jurisdictional options for clients in different regions.

One point to note: JustMarkets obtained its CySEC licence (401/21) relatively recently compared to established EU-regulated brokers. The licence is legitimate and subjects the broker to MiFID II requirements, but the track record under CySEC supervision is shorter than competitors like IC Markets or Pepperstone under ASIC.

JustMarkets does not accept clients from the US, UK, Canada, Australia, Japan, India, or Germany.

Account Types

JustMarkets offers four account types, each targeting a different trader profile.

Standard Cent

Designed for beginners testing strategies with minimal risk. Trades are denominated in cents, so a $10 deposit gives 1,000 cent units. Spreads start from 0.3 pips with no commission. Maximum leverage is 1:3000.

Standard

The most popular account type. Minimum deposit is $10, spreads start from 0.3 pips, and there is no commission. Suitable for retail traders who prefer simplicity. Leverage up to 1:3000.

Pro

A step up for experienced traders. Minimum deposit is $100 with tighter spreads from 0.1 pips and no commission. Leverage up to 1:3000.

Raw Spread

The flagship account for active traders and scalpers. Minimum deposit is $100, with raw spreads from 0.0 pips and a commission of $3 per lot per side ($6 round-turn). Leverage up to 1:3000.

All accounts support MT4 and MT5. Swap-free Islamic accounts are available across all types.

Trading Conditions

Spreads and Commissions

JustMarkets offers competitive pricing across all account types. On the Raw Spread account, EUR/USD typically trades at 0.0-0.2 pips during the London session, with a $6 round-turn commission. The Standard and Pro accounts are commission-free, with spreads of 0.3 pips and 0.1 pips respectively on EUR/USD.

Compared to the industry average EUR/USD spread of 1.0-1.2 pips on commission-free accounts, JustMarkets comes in well below.

For context, the Raw Spread account's all-in cost on EUR/USD works out to roughly 0.6-0.8 pips when factoring in the $6 round-turn commission. This is competitive with IC Markets' Raw Spread account ($7 round-turn) and slightly cheaper than Pepperstone's Razor account ($7 round-turn). On the Standard account, the 0.3 pip spread with no commission is notably tighter than what most commission-free brokers offer.

Leverage

Non-EU clients can access leverage up to 1:3000, one of the highest in the industry. EU clients under CySEC are capped at 1:30 on major forex pairs per ESMA regulations.

High leverage is a double-edged sword. While it allows traders to control larger positions with less capital, it also amplifies losses. JustMarkets provides negative balance protection, which prevents account balances from going below zero. Traders can also adjust their leverage downward from the Personal Area at any time.

Execution

JustMarkets reports execution speeds of 0.01 seconds. Market execution is used across all accounts, meaning orders are filled at the best available price rather than requoted. There is no dealing desk intervention.

The broker aggregates liquidity from multiple providers, which should result in tighter spreads and better fill rates during high-volume sessions. Slippage is always possible during news events and low-liquidity periods, but there are no widespread complaints about execution quality in recent user reviews.

Instruments

JustMarkets offers approximately 260 tradeable instruments across six asset classes:

• Forex: 65 currency pairs (majors, minors, and exotics including USD/ZAR, EUR/TRY)
• Stocks: 65+ global company shares (Apple, Tesla, Facebook, Hilton)
• Indices: 11 major indices (NAS100, S&P 500, FTSE 100, DAX)
• Cryptocurrencies: 14 digital assets (Bitcoin, Ethereum, Litecoin, Ripple)
• Metals: 8 precious metals including gold and silver
• Energies: 3 energy commodities (Brent, WTI, natural gas)

The forex offering is solid at 65 pairs, covering all the majors (EUR/USD, GBP/USD, USD/JPY), popular minors (EUR/GBP, AUD/NZD), and a decent selection of exotics (USD/ZAR, EUR/TRY, USD/MXN). For forex-focused traders, this is more than adequate.

The stock selection at 65+ names is light compared to brokers like IC Markets (1,600+) or IG Group (17,000+ markets). If equity CFDs are a priority, JustMarkets is not the right choice. The crypto range at 14 assets covers Bitcoin, Ethereum, Litecoin, and Ripple alongside other mid-cap coins, but does not extend into the smaller altcoin market.

The metals offering is a standout. Eight precious metals including gold, silver, platinum, and palladium give commodity traders more options than most brokers in this price range.

Platforms

JustMarkets supports MetaTrader 4 and MetaTrader 5, the two most widely used retail trading platforms globally. Both are available on desktop, web browser, and mobile (iOS and Android).

MT4 is the industry standard for forex trading, offering Expert Advisors (EAs), custom indicators, and one-click trading. MT5 adds a broader range of timeframes, an integrated economic calendar, and access to stocks and futures.

A WebTrader version is available for traders who prefer browser-based access without downloading software.

What JustMarkets lacks is cTrader and TradingView integration. For traders who prefer these platforms, this is a notable gap. There is also no proprietary platform offering advanced features beyond what MT4/MT5 provide.

The JustMarkets mobile app is available on both Google Play and the App Store, providing account management, deposits, withdrawals, and basic charting on the go.

Copy trading is available for traders who want to follow experienced signal providers. Demo accounts are offered across all account types with virtual funds, allowing new traders to test conditions before committing real capital.

Deposits and Withdrawals

This is one of JustMarkets' strongest areas. The broker offers 16 payment methods and charges zero fees on both deposits and withdrawals.

Deposit Methods and Times

• Bank cards (Visa, Mastercard): Instant
• E-wallets (Skrill, Neteller, Perfect Money): Instant
• Cryptocurrency (Bitcoin, Ethereum, Litecoin + 6 others): 10-30 minutes
• Wire transfer: 1-5 business days
• Regional local payment methods available

Withdrawal Processing

• E-wallets: Minutes to 1 hour
• Cryptocurrency (USDT TRC20 fastest): Under 2 hours
• Card withdrawals: Within 24 hours
• Wire transfer: 3-5 business days

The minimum deposit is $10 for Standard and Cent accounts, $100 for Pro and Raw Spread. Crypto deposits require a $15 minimum.

JustMarkets does not charge withdrawal fees, though third-party payment providers may apply their own charges. There are no reports of systematic withdrawal issues in recent reviews.

Customer Support

Support is available 24/7 through live chat, phone, email, WhatsApp, Telegram, Instagram, iMessage, and Messenger. The team operates in seven languages: English, Indonesian, Malay, Spanish, Vietnamese, Portuguese, and Arabic.

During testing by independent reviewers, live chat queue times averaged under one minute. Email responses typically arrived within six hours. This is above average for the industry, particularly for a broker operating primarily in emerging markets.

The range of contact channels is impressive. Beyond the standard live chat and email, JustMarkets offers support via WhatsApp, Telegram, Instagram, iMessage, and Facebook Messenger. For traders in regions where WhatsApp and Telegram are primary communication tools, this is a meaningful advantage.

Tickets submitted through the Personal Area support hub are answered within 24 hours.

Fees Summary

Who Is JustMarkets Best For?

JustMarkets is best suited for:

• Traders in emerging markets (Africa, Southeast Asia, Middle East) looking for a regulated broker with local payment methods
• Beginners who want to start with as little as $10
• Scalpers and active traders who want raw spreads with a $6 round-turn commission
• Traders who prefer high leverage (up to 1:3000)
• Crypto-funded traders who want fast crypto deposits and withdrawals

JustMarkets is not ideal for:

• Traders who require tier-1 regulation (FCA, ASIC)
• Those who want cTrader or TradingView integration
• Stock traders seeking a large equity selection
• Clients in the US, UK, Canada, Australia, Japan, India, or Germany

Frequently Asked Questions

Is JustMarkets regulated?

Yes. JustMarkets holds five regulatory licences: CySEC (Cyprus, licence 401/21), FSA (Seychelles, SD088), FSCA (South Africa, FSP 51114), FSC (Mauritius, GB22200881), and FSC (BVI, SIBA/L/24/1177). CySEC is the strongest of the five, though most international clients are registered under the Seychelles entity.

What is the minimum deposit for JustMarkets?

The minimum deposit is $10 for Standard and Standard Cent accounts. Pro and Raw Spread accounts require $100. Cryptocurrency deposits have a $15 minimum.

Does JustMarkets charge withdrawal fees?

No. JustMarkets does not charge fees on deposits or withdrawals. Third-party payment providers may apply their own charges.

What leverage does JustMarkets offer?

Non-EU clients can access leverage up to 1:3000. EU clients under the CySEC entity are limited to 1:30 on major forex pairs per ESMA regulations.

What platforms does JustMarkets support?

JustMarkets supports MetaTrader 4, MetaTrader 5, WebTrader, and a mobile app for iOS and Android. cTrader and TradingView are not available.

Does JustMarkets accept UK or US clients?

No. JustMarkets does not accept clients from the US, UK, Canada, Australia, Japan, India, or Germany due to regulatory restrictions.

Final Thoughts

JustMarkets occupies a clear niche: accessible, affordable trading for emerging market clients who want competitive spreads and flexible funding options. The $10 minimum deposit, zero withdrawal fees, and 1:3000 leverage make it one of the most accessible brokers on the market.

The CySEC licence adds a layer of credibility, but the reality is that most clients trade under the Seychelles entity with weaker protections. This is not unusual in the industry, but it is worth understanding before depositing.

Where JustMarkets falls short is platform diversity. The absence of cTrader and TradingView limits its appeal to traders who have outgrown MT4/MT5. The stock and crypto selection is also thinner than what larger brokers offer.

For traders in its target markets who want low costs, fast execution, and reliable withdrawals, JustMarkets delivers. The zero-fee deposit and withdrawal policy is a genuine differentiator, particularly for traders who move funds frequently or use cryptocurrency for funding.

For those seeking tier-1 regulation or advanced platform options, alternatives like IC Markets or Pepperstone may be more suitable. But for the price-conscious trader in a supported region, JustMarkets offers strong value for money.