JUNO

Juno Markets Limited is a forex and CFD broker founded on 26 September 2017 and headquartered in Port Vila, Vanuatu, at Law Partners House, Kumul Highway. The broker targets retail traders with a range of account types, high leverage, and access to multiple asset classes. Despite its Vanuatu base, Juno Markets also holds an Australian financial services license, positioning itself as a regulated entity in two jurisdictions.

Juno Markets operates under two regulatory licenses. It is regulated by the Australian Securities and Investments Commission (ASIC) for its STP execution services (license no 540205) and holds a Forex Trading License (EP) from the Vanuatu Financial Services Commission (VFSC) (license no 40099). The ASIC license is considered a Tier-1 regulation, while the VFSC license is classified as offshore regulation. This dual structure offers a mix of stringent oversight and operational flexibility.

Juno Markets provides three main account types to cater to different trading styles. The STP CENT account requires a minimum deposit of $15 and offers maximum leverage of 1:1000 with spreads from 1.3 pips and no commission, ideal for beginners or small-capital traders. The STP account has a $50 minimum deposit with similar conditions but is suited for standard trading. The ECN account, with a $500 minimum deposit, offers spreads from 0.1 pips and a commission of $7 per lot, targeting experienced traders who need raw spreads and direct market access. All accounts cover forex, metals, stock indices, and oil.

The broker supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), the industry-standard platforms for desktop, web, and mobile trading. Additionally, Juno Markets offers its own Juno Auto Trader for automated strategies. Tradable instruments include major and minor forex pairs, precious metals (gold, silver), stock indices (e.g., S&P 500, FTSE 100), and crude oil. The broker also advertises commodities, shares, and cryptocurrencies, though these are not detailed in the standard account offering.

Leverage varies by account type, reaching up to 1:1000 on STP-based accounts, which is attractive for traders seeking high exposure. The ECN account caps leverage at 1:500. Spreads are advertised as starting from 0 pips on certain accounts, with typical STP spreads from 1.3 pips. The broker does not disclose specific deposit or withdrawal methods, but users report using bank transfers, credit cards, and cryptocurrencies.

Juno Markets frequently runs promotional campaigns, including a $50 loss-free bonus for new clients. Bonuses are a key selling point, with many user reviews mentioning easy bonus claims and favorable terms. The broker also offers Islamic (swap-free) accounts for Muslim traders, ensuring compliance with Sharia law.

With a low minimum deposit of $15 and high leverage options, Juno Markets primarily targets retail traders, especially beginners and those with small capital. The availability of both STP and ECN accounts means it also appeals to more experienced traders seeking tighter spreads. However, the offshore regulation and mixed user reviews suggest it may not suit ultra-conservative traders who prioritize top-tier regulatory protection.