JustMarkets

JustMarkets is a forex and CFD broker established in 2022 and registered in Seychelles, with its operational headquarters in Cyprus. The broker presents itself as a multi-asset trading provider, offering a range of instruments including forex pairs, metals, indices, shares, and energies. It is a relatively new entrant in the retail trading space, having been founded in January 2022.

The broker operates under a multi-regulatory structure, holding licenses from several jurisdictions. Its primary regulation comes from the Cyprus Securities and Exchange Commission (CYSEC), which is considered a reputable European regulator. Additionally, it holds licenses from the Financial Sector Conduct Authority (FSCA) in South Africa, the Financial Services Authority (FSA) in Seychelles (offshore regulation), and the Financial Services Commission (FSC) in the British Virgin Islands (offshore regulation). This mix of onshore and offshore regulation is common among brokers seeking to serve international clients while maintaining a presence in regulated markets.

JustMarkets is regulated by four main bodies: CYSEC in Cyprus, FSCA in South Africa, FSA in Seychelles, and FSC in the British Virgin Islands. The CYSEC license is a Derivatives Trading License (STP) with a 'Regulated' status, indicating compliance with European MiFID II standards. The FSCA license is also 'Regulated', allowing the broker to operate in South Africa. The FSA and FSC licenses are classified as 'Offshore Regulation', which typically involves lighter oversight.

For retail clients under CYSEC, leverage is capped at 1:30, while professional clients may access up to 1:300. The offshore entities offer higher leverage, up to 1:3000, as per the account types listed. This tiered regulatory structure allows JustMarkets to cater to different client segments with varying risk appetites and regulatory protections.

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 up to 1:3000. The Pro and Raw Spread accounts have a higher minimum deposit of $100, also with leverage up to 1:3000. These accounts are designed for different trader profiles, from beginners (Cent accounts with micro lots) to experienced traders (Raw Spread with tight spreads).

The leverage levels are notably high, especially under the offshore entities, which can amplify both gains and losses. The broker also provides competitive spreads, with the Raw Spread account offering spreads from 0.0 pips plus a commission. All account types support trading on the MetaTrader 4 and MetaTrader 5 platforms, as well as the proprietary JustMarkets app.

JustMarkets provides access to 61 forex pairs, 7 metals, 13 indices, 165 shares, and 3 energies, totaling a broad range of instruments. This selection covers major, minor, and exotic forex pairs, as well as popular commodities and global stock indices. The broker aims to serve traders looking for diversity in one account.

The trading platforms offered include the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5), along with the broker's own JustMarkets trading app. MT4 and MT5 are known for their advanced charting, automated trading via Expert Advisors (EAs), and mobile trading capabilities. The proprietary app may offer additional features tailored to the broker's services.

JustMarkets promotes multiple deposit and withdrawal methods with no fees charged by the broker. Standard payment options include bank transfers, credit/debit cards, and various e-wallets. The broker processes withdrawals promptly, typically within 24 hours, though processing times may vary depending on the method. There is no minimum withdrawal amount specified in the known facts, but the low minimum deposit ($10) suggests accessibility for small accounts.

The broker does not charge deposit or withdrawal fees, but third-party payment providers may impose their own charges. Clients are advised to check with their payment provider for any potential fees. The flexible funding options are designed to accommodate a global client base, including those from regions with limited banking infrastructure.

JustMarkets appears to target a wide range of traders, from beginners to experienced professionals. The low minimum deposit on Standard and Standard Cent accounts makes it accessible for new traders who wish to start with small capital. The high leverage options (up to 1:3000) appeal to aggressive traders seeking to maximize returns, while the Raw Spread account attracts scalpers and high-volume traders.

The broker's multi-regulatory status means that clients from the European Economic Area (EEA) are likely onboarded under the CYSEC entity with lower leverage and investor protection, while clients from other regions may fall under the offshore entities with higher leverage. This segmentation allows JustMarkets to serve both conservative and risk-tolerant traders.

JustMarkets is registered in Seychelles with the address: Office 10, Floor 2, Vairam Building, Providence Industrial Estate, Providence, Mahe, Seychelles. The company operates under the brand name JustMarkets and the domain justforex.com. Its social media presence includes Facebook, Instagram, and LinkedIn, suggesting an active marketing effort.

While the broker provides detailed information about its regulatory licenses and account conditions, the opacity of offshore regulation may raise concerns for some traders. As with any broker, potential clients should conduct their own due diligence, particularly regarding the entities under which they will be onboarded.