About JustMarkets
Who Is JustMarkets?
JustMarkets is a forex and CFD broker founded on January 21, 2022, and registered in Seychelles. The broker operates multiple entities under different regulations: a Cyprus-based entity regulated by CySEC, a South African entity regulated by the FSCA, and offshore entities in Seychelles (FSA) and the British Virgin Islands (FSC). The brand is owned by JustMarkets Ltd, with its registered address in Providence, Mahe, Seychelles.
The broker's official domain is justforex.com, and it targets both retail and professional traders with a range of account types and high leverage options. JustMarkets has a presence on social media platforms including Facebook, Instagram, and LinkedIn.
Regulation and Licensing
JustMarkets holds multiple licenses: a Derivatives Trading License (STP) from CySEC in Cyprus (status Regulated), a Derivatives Trading License (EP) from the FSCA in South Africa (Regulated), a Derivatives Trading License (EP) from the FSA in Seychelles (Offshore Regulation), and a Market Making License (MM) from the FSC in the British Virgin Islands (Offshore Regulation).
This multi-regulatory structure means clients may be onboarded under different entities depending on their jurisdiction. The CySEC license offers a degree of protection (including negative balance protection and access to the Investor Compensation Fund for eligible clients), while the offshore licenses have weaker oversight. Traders should verify which entity serves them.
Account Types and Trading Conditions
JustMarkets offers four account types: Standard Cent, Standard, Pro, and Raw Spread. The Standard Cent and Standard accounts require a minimum deposit of $10 and offer maximum leverage of 1:3000. The Pro and Raw Spread accounts require a minimum deposit of $100, also with maximum leverage of 1:3000.
The accounts differ in spread structure: Standard accounts have variable spreads starting from 1.6 pips, Pro accounts from 0.6 pips, and Raw Spread accounts from 0.0 pips plus a commission. The Standard Cent account is denominated in cents, ideal for micro-lot trading. All accounts support the same set of instruments.
Trading Platforms and Tools
The broker offers the widely used MetaTrader 4 and MetaTrader 5 platforms, as well as its proprietary JustMarkets trading app. MT4 and MT5 are available for Windows, Mac, iOS, Android, and web browsers, providing advanced charting, automated trading via Expert Advisors, and multiple timeframes.
The proprietary app is designed for mobile trading with a simplified interface. JustMarkets also provides educational resources such as webinars and articles, though the extent is not detailed in our records.
Instruments, Spreads, and Funding
JustMarkets covers 61 forex pairs, 7 metals, 13 indices, 165 shares, and 3 energies. This diverse offering allows traders to access multiple asset classes from a single account.
The broker claims competitive spreads and no deposit or withdrawal fees. Funding methods are not specified in our records but likely include bank transfers, credit/debit cards, and e-wallets. Trading is available 24/5, with execution on a No Dealing Desk (NDD) or market execution model depending on the account.
Target Audience
JustMarkets is aimed at both beginner and experienced traders. The Standard Cent account supports small account sizes and micro lots, making it suitable for novices. The Pro and Raw Spread accounts cater to more active traders seeking lower spreads and raw pricing.
With high leverage up to 1:3000, the broker appeals to traders looking to amplify positions, but this also increases risk. Professional clients under the CySEC entity may access leverage up to 1:300, while retail clients face the standard ESMA cap of 1:30.
Overview compiled by FXCanary from regulatory records and public data. full JustMarkets review