Our take on JustMarkets after testing
JustMarkets (originally JustForex before rebranding) is a Seychelles-headquartered broker that has built a respectable 2 million+ client base across 160+ countries since founding in 2012. The broker holds licences from CySEC (Cyprus), FSA (Seychelles), FSCA (South Africa), and FSC (Mauritius), with most retail clients globally routed through the FSA Seychelles entity. The proposition is straightforward emerging-market broker positioning: low entry barriers ($10 minimum on Standard and Cent accounts), high leverage on offshore entities (up to 1:3000), competitive spreads on Raw Spread accounts (0.0 pips + $3 commission per side), and a four-tier account structure with cent-account access for genuine beginners. Platforms cover MT4, MT5, JustMarkets WebTrader, and a mobile app, plus an integrated copy trading system. The 2024 UF Awards MEA Best CFD Broker win reflects strong recognition in the Middle East and Africa specifically. Regulatory framing deserves honesty: while four regulators provide meaningful coverage, FSA Seychelles is Tier-3 offshore and most retail clients land there in practice. JustMarkets's strongest fit is for emerging-market traders, beginners wanting cent accounts, and active traders willing to accept offshore regulation in exchange for low-cost ECN-style pricing. UK, EU, US, Canadian, and Australian residents cannot use the broker — geographic restrictions limit the addressable market versus competitors like Exness and FXTM.
Key trading conditions
The numbers that matter most when picking JustMarkets.
What we like, what we don't
Honest assessment after evaluating against industry benchmarks.
- $10 minimum on Standard and Cent accounts: Accessible entry, with cent accounts using micro-balances for true beginner-friendly testing
- Raw Spread account from 0.0 pips + $3/side commission: Competitive ECN-style pricing on the active-trader tier
- Up to 1: 3000 leverage on offshore entities: Among the highest available leverage in retail forex
- Multi-regulated with four authorities: CySEC, FSA, FSCA, FSC across multiple jurisdictions
- Integrated copy trading: Native copy trading via MT4 and the proprietary app with no extra fee
- 2M+ clients since 2012: Operational longevity and scale for a mid-tier broker
- Most retail routed through FSA Seychelles: Tier-3 offshore regulator without statutory investor compensation
- Not available in major Western markets: Restricted from US, UK, Canada, Australia, and EU — limits regulatory options
- Standard account spreads not class-leading: 0.3 pip baseline is mid-tier rather than competitive
- Limited educational content depth: Adequate basics but trails dedicated education brokers materially
Who JustMarkets is for — and who it isn't
Brokers aren't one-size-fits-all. Here's where JustMarkets shines and where it falls short.
- Copy/social tradersBuilt-in tools to follow proven traders without manually executing each trade.
- High-leverage strategy tradersOffshore entities offer leverage up to 1:500+ for traders comfortable with the risk and reduced regulatory protection.
- Algorithmic and high-frequency tradersEA support, fast execution, and trading-friendly policies suit automated strategies and short-hold approaches.
- Complete beginnersLimited educational content means this broker assumes you already understand trading basics. Brokers like XTB or eToro offer friendlier onboarding.
- Risk-averse traders with large accountsOffshore-only regulation means reduced compensation scheme access. Better-regulated alternatives exist for substantial balances.
- Risk-averse beginnersThe high leverage available on offshore entities can amplify losses as much as gains. Stick to lower-leverage regulated entities until experienced.
JustMarkets at a glance
The essentials, scannable in seconds.
Everything you need to know
In-depth analysis across regulation, costs, platforms, accounts, funding, and support.
Regulation & Client Protection
JustMarkets operates under four regulated entities. Just Global Markets Ltd (Seychelles, FSA licence SD088) is the primary entity for most international retail clients — FSA Seychelles is a Tier-3 offshore regulator providing operational legitimacy but no substantial investor compensation scheme. The CySEC-regulated entity provides EU coverage for eligible clients, with ICF investor compensation up to €20,000.
Additional entities include FSCA South Africa for local clients and FSC Mauritius for African coverage. The geographic restriction list is notable: residents of the United States, United Kingdom, Canada, Australia, and the European Union cannot trade with JustMarkets in any meaningful retail capacity. This narrows the regulatory choices available to most prospective clients — you're effectively choosing between FSA Seychelles or one of the secondary entities depending on residence.
Client funds are held in segregated accounts across all entities. Negative balance protection applies to retail clients. JustMarkets has maintained a clean regulatory record since 2012 with no major incidents on file, and the 2024 UF Awards MEA Best CFD Broker recognition reflects strong reputation in MENA markets specifically. For traders for whom regulatory backstop is a meaningful consideration, JustMarkets sits in similar territory to Exness's offshore tier — meaningful as an operating licence, limited as statutory investor protection.
Regulatory structure
JustMarkets operates under 3 regulatory licences:
- FSA — Tier-3 regulator (offshore)
- CySEC — Tier-2 regulator (intermediate)
- FSCA — Tier-2 regulator (intermediate)
Track record
JustMarkets has operated since 2012 (14+ years). Editorial assessment: high-confidence on regulatory standing.
Trading Costs & Spreads
JustMarkets operates a four-tier account structure with distinct cost profiles. The Standard Cent account uses cent-sized lots with spreads from 0.3 pips and $10 minimum deposit — designed for beginners learning position sizing without material capital risk. The Standard account uses regular lot sizes with the same 0.3 pip starting spread and $10 minimum. Both are commission-free spread-only accounts.
The Pro account ($100 minimum) tightens spreads to 0.1 pips with no commission, sitting between Standard and Raw Spread in total cost. The Raw Spread account ($200 minimum) is the active-trader option: spreads from 0.0 pips on EUR/USD with $3 commission per side per lot ($6 round-turn) — broadly competitive with leading ECN brokers. JustMarkets charges no deposit, withdrawal, or inactivity fees on its side, which is a meaningful positive versus competitors with dormancy charges. The transparent fee structure is one of the broker's stronger differentiators.
Cost structure
JustMarkets cost structure depends on which account type you choose. The trade-off is generally between spread-only pricing (simpler, slightly higher implicit cost) and raw-spread plus commission (cheaper at higher volumes, requires per-trade math).
ECN / Raw Spread account
Raw spreads from market liquidity providers (typically 0.0-0.3 pips on EUR/USD) plus a per-side commission. Becomes more cost-effective above moderate monthly volume. Specific commission rates published on the broker site.
Standard account
Spread-only pricing with no commission. EUR/USD spreads typically average 0.8-1.5 pips during liquid sessions. Simpler for casual or lower-volume traders.
Other costs to know about
Overnight swap rates apply to positions held past daily rollover, based on currency-pair interest rate differentials.
Most reputable brokers don't charge deposit fees, withdrawal fees, or inactivity fees on active accounts. Check the funding terms for your specific entity at JustMarkets.
Trading Platforms & Technology
JustMarkets supports MetaTrader 4 and MetaTrader 5 with full Expert Advisor compatibility across all account types. The MT4 build is required for the Standard Cent account; MT5 is supported on other tiers. Scalping and hedging are explicitly permitted. The JustMarkets WebTrader provides browser-based access without installation, useful for traders on locked-down corporate networks.
The proprietary mobile app is the platform standout — clean, beginner-friendly interface with integrated copy trading, market news, and biometric login. The copy trading platform supports both MT4 and the mobile app, with a strategy provider ranking system and transparent historical performance metrics. No cTrader support, no TradingView integration — gaps versus competitors like Eightcap or RoboForex if those platforms matter. The platform diversity is functional but not exceptional.
3-platform support
JustMarkets supports 3 platforms — choice affects available order types and execution model.
MetaTrader 4
The industry standard for forex retail. Full EA support, custom indicators, automated trading. Mature ecosystem of community-built tools.
MetaTrader 5
Newer MetaQuotes platform with additional asset classes, more timeframes, and improved backtesting. Recommended for newer accounts unless you have legacy MT4 EAs.
Account type options
JustMarkets offers 5 live account types, all with a $1 minimum where applicable:
- Standard-Cent — See broker site for details
- Standard — Spread-only pricing with no commission. Most accessible.
- Pro — Professional account with tighter spreads, often requires higher balance or trading experience.
- Raw Spread — Tight raw spreads + per-side commission. For active traders.
- Islamic (Swap-Free) — Available for clients meeting religious requirements. No swap charges.
Demo accounts
Demo accounts are available free of charge, typically with virtual balance and the option to reset on request. Useful for testing strategies before committing capital.
Deposit methods
E-wallet deposits are typically instant; card payments take 1-2 hours; bank wires 1-3 business days.
- Credit/debit cards (Visa, MasterCard)
- Bank wire transfer
- Skrill
- Neteller
- Cryptocurrency (Bitcoin, USDT, others)
- Local-Wallets
Withdrawal speed and cost
Withdrawals are typically processed within 1 business day. Arrival times depend on method: e-wallets same day, cards 3-5 days, wire 1-3 days.
The same-method rule typically applies — withdrawals must go to the same source as deposits where possible. This is standard AML compliance, not broker-specific.
Basic support coverage
JustMarkets support coverage is more limited than tier-1 alternatives. Email is the primary channel, with live chat available during peak hours.
Response times can be variable. For account-critical issues, traders may need to escalate through multiple channels.
JustMarkets vs alternatives
How does it stack up against similar competitors?
JustMarkets FAQ
Quick answers to the questions traders ask most.
Is JustMarkets regulated?
What is the minimum deposit at JustMarkets?
What are typical JustMarkets spreads and commissions?
Is JustMarkets available in the United States or UK?
Does JustMarkets offer copy trading?
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