JustMarkets Account Types & How to Open

JustMarkets presents four distinct live account types on its website: Standard Cent, Standard, Pro and Raw Spread. Each is designed to cater to a different segment of retail and semi-professional traders, with varying minimum deposits, spread structures and tradable instruments.

FXCanary’s review of the official offering confirms that the broker is operated by Just Global Markets Ltd., a Seychelles-registered entity, with additional licenses via CySEC in Cyprus and the FSCA in South Africa. This regulatory patchwork means that account conditions—especially leverage—can differ dramatically depending on the jurisdiction under which a client is onboarded.

The accounts themselves are presented with a clean tier structure, but the devil is in the detail. While the headline maximum leverage of 1:3000 catches the eye, this is only available under the broker’s offshore licenses; European clients face strict ESMA caps. Similarly, the spread and commission figures disclosed in the marketing material require careful interpretation to understand the true cost of trading.

The Standard Cent account stands out as the entry-level option, requiring just a $10 minimum deposit. It is a cent-denominated account, meaning trading volumes are measured in cent lots rather than standard lots—one cent lot equates to 1,000 units of the base currency instead of 100,000.

This dramatically reduces the monetary risk per pip, making it a sensible choice for traders who are new to forex or who wish to test strategies with real money without committing significant capital. The account provides access to 33 forex pairs and four metals, which is a respectable but limited set compared to the broker’s full instrument list.

However, experienced traders will quickly outgrow this account due to the narrow instrument range. More importantly, the 1:3000 leverage available on this account under offshore regulation is excessive and can lead to rapid losses. FXCanary’s review notes that even positive reviews rarely discuss the dangers of such leverage, while multiple negative complaints on industry forums cite blown balances in volatile markets.

The Standard account shares the same $10 minimum deposit and up to 1:3000 leverage as the Cent version, but expands the instrument catalogue substantially: 61 forex pairs, seven metals, 13 indices, 165 share CFDs and three energy commodities. This makes it far more versatile for traders who want to diversify beyond pure FX.

The minimum spread starts at 0.3 pips, and no commission is charged, so the broker earns its revenue solely from the spread markup. This pricing structure is transparent and common in the industry; however, our analysis of user feedback suggests that spreads can widen noticeably during news events or periods of low liquidity, as is the case with most variable-spread models.

For retail traders who prefer a straightforward fee structure and do not require institutional-grade spreads, the Standard account offers a balanced value proposition. It is worth noting that JustMarkets does not disclose an Islamic (swap-free) version of this account in its public materials, which may matter to some clients.

A step up is the Pro account, which demands a $100 minimum deposit and offers minimum spreads from 0.1 pips, again with no commission. The same broad instrument range as the Standard account is available.

This account is targeted at more active or higher-volume traders who can benefit from the narrower spread on major pairs. For instance, trading EUR/USD at 0.1 pips instead of 0.3 pips can make a meaningful difference over hundreds of lots per month. The trade-off is the higher entry barrier, which may discourage casual traders.

FXCanary’s examination of broker claims reveals that the Pro account is not an ECN account—it remains a market maker or STP model where the broker still acts as counterparty. That means potential conflicts of interest exist, and while execution is generally fast according to some positive user reports, there are also complaints about slippage and requotes during high-impact news, which is not uncommon in non-agency models.

The Raw Spread account positions itself as the ECN-style option, with a minimum deposit of $100 and a commission of $3 per lot per side. The minimum spread is not explicitly stated—implying that it is the raw interbank spread, typically starting near zero on majors. This appeals to scalpers, day traders and algorithmic strategies that depend on tight spreads and precise entry/exit.

When comparing total trading costs, the Raw Spread account can be more cost-effective than the Pro if the commission is less than the spread savings. For example, a round-turn cost of $6 per lot plus a 0.0–0.2 pip spread may still undercut the Pro account’s 0.1 pip spread with no commission, especially on trades held for a short duration.

However, the feedback from JustMarkets clients on independent review sites is mixed. Some experienced traders praise the execution speed; others report spread spikes and rejected orders. FXCanary also observed that the broker does not prominently disclose whether this account operates on an agency model or remains a hybrid B-book setup, which is a transparency gap.

The headline maximum leverage of 1:3000 is one of JustMarkets’ biggest marketing draws, but it is crucial to understand where it applies. The broker’s CySEC-regulated entity must comply with ESMA rules, capping leverage at 1:30 for retail clients and up to 1:300 for those who qualify as professional clients. The 1:3000 figure is only available through the offshore entities in Seychelles or the Virgin Islands.

Extreme leverage can multiply gains but also losses. The number of negative reviews citing wiped-out accounts—sometimes within minutes of a volatility spike—is a sobering reminder of the risks. FXCanary’s review of the user record finds that even some positive reviewers quietly acknowledge that high leverage requires strict risk management; those who complain typically blame the broker for “slippage” that in reality may be a function of under-capitalisation relative to leverage.

Prospective clients should take this discrepancy seriously: if you are onboarded under an offshore license, you forfeit the protections of a top-tier regulator, including negative balance protection and access to financial ombudsman schemes. Deciding between a CySEC and an offshore entity is therefore as much a safety decision as a trading terms decision.

Spread and commission figures published by JustMarkets are a starting point, but real trading costs depend on the specific instrument and market conditions. The Standard and Standard Cent accounts offer spreads from 0.3 pips with no commission—competitive on paper, but our aggregation of user reports indicates that average spreads on major pairs like EUR/USD often hover around 0.5–0.8 pips during normal market hours.

The Pro account’s minimum of 0.1 pips is more attractive, but traders should check whether it is a true minimum or merely an aspirational figure. The Raw Spread account, with its $3-per-side commission, would appear to be the cheapest option for high-frequency strategies, provided execution remains fast and spreads stay tight. However, negative reviews frequently mention spread expansion during volatile events, which could erode any cost advantage.

FXCanary’s overall assessment is that JustMarkets’ pricing is broadly in line with other offshore brokers, but it is not class-leading. Traders seeking ultra-low costs may need to look at pure ECN brokers with a longer regulatory pedigree. The broker does not disclose financing/overnight swap rates for all instruments publicly, which is a further area where cost-conscious traders should do their own research.

JustMarkets supports the MetaTrader 4 and MetaTrader 5 platforms, which are the industry standard for retail forex trading. Both platforms are available for desktop, web and mobile, providing a familiar environment for charting, automated trading via Expert Advisors, and custom indicators. The broker also promotes its proprietary ‘JustMarkets Trading App’; however, details on the app’s functionality beyond basic order placement are sparse.

While the broker does not explicitly list a demo account in its account type summary, FXCanary’s investigation found that a free demo is indeed available upon registration. The demo runs on the same platforms and usually mirrors the live environment, though we could not confirm if it automatically inherits the spread and execution characteristics of a specific account tier. Some user reviews mention using the demo to test strategies before going live, which is a recommended step given the high leverage offered.

It is worth noting that the platform experience itself has drawn mixed feedback. Positive reviews often praise the user interface, while negative reviews cite platform freezes and order execution lags during high volatility. Such issues can be catastrophic on a highly leveraged account, reinforcing the need for testing on a demo before committing real money.

Opening a JustMarkets account is a two‑step process: online registration followed by an identity verification (KYC) procedure. The initial sign‑up is quick, requiring basic personal information and a choice of account type. However, the verification stage has become a significant pain point in user reviews.

Positive feedback describes a swift, almost instant verification that allowed trading immediately. On the other hand, a large volume of complaints—some cited in our main review of the broker—detail prolonged and intrusive vetting. Traders report requests for liveness checks (video selfies), source‑of‑funds documentation, and utility bills, sometimes repeating the same request months later. In the worst cases, accounts remained restricted for over 50 days, effectively locking the client’s funds.

From a regulatory standpoint, Enhanced Due Diligence is a legitimate anti-money-laundering tool. But the inconsistency—some clients sail through while others face a Kafkaesque ordeal—suggests a flawed internal process or selective application. FXCanary’s editorial view is that if you are considering a large deposit, you must be prepared for potential verification delays that could delay withdrawals.