JustMarkets

JustMarkets is the trading name of Just Global Markets Ltd., a forex and CFD broker established on 21 January 2022. The company is registered in Seychelles at Office 10, Floor 2, Vairam Building, Providence Industrial Estate, Providence, Mahe. Despite its Seychelles registration, the broker maintains operational offices and regulatory licenses in multiple jurisdictions, including Cyprus, South Africa, and the British Virgin Islands.

The broker launched with the aim of providing retail and professional traders access to global financial markets through competitive pricing and high leverage. With a relatively short track record, JustMarkets has attracted attention for its aggressive marketing of leverage up to 1:3000 and its range of account types designed for different trading styles.

JustMarkets holds four regulatory licenses, each with distinct implications for client protection. The broker is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 401/21, which provides a Derivatives Trading License (STP) and offers client protection under EU frameworks. It is also registered with the Financial Sector Conduct Authority (FSCA) in South Africa (license 51114) as an authorized financial services provider.

Additionally, the broker operates under offshore regulation from the Financial Services Commission (FSC) of the British Virgin Islands (license SIBA/L/24/1177) and the Financial Services Authority (FSA) of Seychelles (license SD088). These offshore licenses offer lower levels of investor protection compared to top-tier regulators, such as CySEC. Traders should note that the broker's CySEC regulation applies to its European operations, while other entities cater to clients outside the EU.

JustMarkets offers four account types to suit different trading needs. The Standard Cent account requires a minimum deposit of $10 and offers a maximum leverage of 1:3000, with spreads starting from 0.3 pips and no commission. It provides access to 33 forex pairs and 4 metals, making it suitable for beginners or those testing strategies with smaller capital.

The Standard account also has a $10 minimum deposit and 1:3000 leverage, with spreads from 0.3 pips and no commission, but expands tradable instruments to 61 forex pairs, 7 metals, 13 indices, 165 shares, and 3 energies. The Pro account requires a minimum deposit of $100 and offers tighter spreads starting from 0.1 pips with no commission, alongside the same instrument range. The Raw Spread account, also with a $100 minimum deposit, provides raw spreads with a commission of $3 per lot per side, targeting scalpers and high-volume traders.

Traders can access JustMarkets via MetaTrader 4 (MT4), MetaTrader 5 (MT5), and a proprietary JustMarkets trading app available for mobile devices. MT4 and MT5 are widely recognized for their advanced charting tools, automated trading capabilities, and extensive community support. The broker's proprietary app is designed for on-the-go trading with streamlined features.

The broker offers a diverse range of tradable instruments: 61 forex pairs covering majors, minors, and exotics; 7 metals including gold and silver; 13 indices such as the S&P 500 and FTSE 100; 165 individual shares from global exchanges; and 3 energies (crude oil, natural gas, etc.). This wide selection allows traders to diversify their portfolios within a single account.

JustMarkets supports multiple deposit and withdrawal methods, including Neteller, Mastercard, PerfectMoney, Visa, and Skrill. The broker does not charge fees for deposits or withdrawals, though third-party payment processors may impose their own charges. Deposit and withdrawal processing times are not explicitly stated but are described as fast in promotional materials.

It is important to note that withdrawal methods may differ from deposit methods, and traders should verify availability with the broker. The broker may also require additional verification documents for withdrawals, as evidenced by user reports of KYC delays.

JustMarkets positions itself as a broker for both retail and professional traders, with flexible leverage options and educational resources. The Standard Cent account is particularly aimed at beginners who want to trade with very low capital and minimal risk. The Pro and Raw Spread accounts cater to more experienced traders seeking tighter spreads and faster execution.

Given the high leverage available (up to 1:3000), the broker may appeal to traders looking to maximize their market exposure with small deposits. However, the offshore regulatory structure and mixed user reviews suggest that traders should exercise caution and conduct thorough due diligence before committing funds.