JustMarkets formerly Justforex Reviews Read Customer Service Reviews of justmarkets com
Moreover, the section has a glossary with concepts, terms and phrases used by traders, as well as a training video. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country https://limefx.vip/ and region where they are located. We’d like to give these scammers the benefit of the doubt and assume that they don’t know they’re involved in a scam. Either that or someone who’s down on their luck might resort to desperate measures to earn a bit of extra cash. Either way, I made a deposit and made a trade in a few months.
It means that most of the time, trading is a high-risk option for potential investors. As the company operates with no standard regulations, it’s a non-regulated and unsupervised firm. That means it’s not bound to follow international rules for forex trading.
Just Forex offers MT4, MT4 PC, MT4 Android, MT4 iPhone, MT4 Web, MT5, MT5 PC, MT5 Android, MT5 iPhone, MT5 Web to meet a wide range of user needs. Thank you very much for updating your review and please accept our apologies for any inconvenience caused to you with the delay you faced while withdrawing your funds. We are constantly working on improving our clients’ experience and the services we offer.
If you want peace of mind, then you need to be with a retail forex brokerage that makes efforts in ensuring that your concerns and issues are not only heard but addressed appropriately. JustMarkets allows a minimum deposit of $1 when you open a Standard Cent or Standard trading account. They say practice makes perfect and although we can’t say that you’ll be able to perfect your trades, the demo account of JustMarkets limefx website will allow you to be prepared for live market trading. And just by looking at the overview table above, this brokerage appears to have an impressive profile and seem to offer attractive trading conditions. Justforex offers support via business hours, 24/7 live support, and online. If the market goes in the opposite direction, the client’s account will be automatically set to zero balance to avoid a negative balance.
How is management perceived at JustForex?
As the most widely used platforms on the market, they are simple to navigate yet offer a powerful range of features, charts, and analysis tools. Overall, JustMarkets offers more trading account currencies than most other large international brokers, but it doesn’t offer accounts denominated in GBP. While JustMarkets offers a huge range of trading account currencies, the MT4 Standard Cent Account is only denominated in US cents. The other six trading accounts are denominated in 11 currencies, including USD, EUR, GBP, JPY, MYR, IDR, THB, VND, KWD, CNY, and ZAR. Hugo’s Way offers a new level of trading and is able to offer market-leading pricing and trading conditions through the MT4 platform by providing clients with true ECN connectivity.
- The minimum spread for the Just Forex Pro account is 0.6 pips for the EURUSD, 1 pips for the USDJPY, 0.7 pips for the GBPUSD, 2.2 pips for the XAUUSD, and 2 pips for the XAGUSD.
- JustMarkets is a top-notch online CFD trading brokerage.
- DailyLimeFX adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence.
- Some content is text-only, and the rest includes charts and trading ideas.
- ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up.
First of all, customer support at JustMarkets is available 24/7. This however only applies to the English customer support. Being able to withdraw your money is probably one of the major concerns of most traders and we couldn’t agree more. An account that has been inactive for 150 days or roughly 5 months will incur a monthly fee of $5. This is really a non-issue since you just need to re-access your account every now and then to avoid this penalty.
It is worth noting that the conditions for obtaining a license in Belize are more loyal than those of FCA or CySEC. It should also be taken into account that the higher the license level, the more stringent the trading conditions for traders. I have been trading with the company since January, there were no problems.
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JustForex allows Indian traders to open accounts and trade. However, JustForex has no mention of complying with any Indian regulators on its website. It is also worth mentioning that Forex trading is actually prohibited in India. The broker is not regulated by any regulatory body in India, that’s why money safety may be the issue here. You must understand that Forex trading, while potentially profitable, can make you lose your money. Never trade with the money that you cannot afford to lose!
In case you face any other problem in the future, please do let me know via so that I could look into the issue and help you resolving it. This broker allows all trading styles including trading robots, scalping and spike trading. Also supported are the Copy Trading and managed account services. Well-regulated companies that hold all necessary licenses, upholds authorized operations and delivers customer service on a proper level.
What is JustForex?
Additionally, its non-trading fees are lower than other similar brokers. JustMarkets offers seven live accounts , which is many more than most other brokers. While trading costs are slightly above average on the Standard Accounts, the Pro Accounts offer relatively low trading costs but higher minimum deposits. When it comes to demo accounts, most of the trading brokers offer free demo accounts these days.
If you only have a small capital, then micro lots can be an advantage as this will put you at ease while trading since you’re not risking a huge amount from your funds. Review details of the license, registration and regulation of this FX broker can be found on the Forex broker’s website. For the purposes of this review, we found customer service responsive, polite, and extremely helpful. JustMarkets’s markets analysis materials are better than many other brokers. Overall, JustMarkets would do well to add some more tools to its trading arsenal to help clients make better trading decisions.
JustMarkets charges no commissions on deposits or withdrawals, which is a welcome development in an industry where fees are charged on almost all transactions. Trading costs improve significantly on the four Pro Accounts, but the minimum deposits here are higher, at 100 USD. As concerns trading promotions, there is a trading contest and a 100% welcome bonus up to 20,000 USD. The welcome bonus is available to all account holders who deposit a minimum of $100. You can withdraw the bonus and the profits of the bonus, after meeting the volume requirements. Most traders appreciate their attractive trading conditions and excellent local support.
JustForex passes on all relevant credits/debits and remains transparent about them. An inactivity fee of $5 per month exists if no trading activity has occurred for 150 days. Deposit and withdrawal fees depend on the payment processor, but the overall fee structure is minimal. Indian traders can open accounts and trade with JustForex.
- JustMarkets also offers an economic calendar, a comprehensive log of all scheduled macroeconomic releases.
- JustMarkets has all the qualifications that every forex trader is looking for in a broker.
- Processing times for deposits are instant, while withdrawals are commendably fast, at between one and two hours.
- This company is not supervised for its performance, nor has it any registrations with the industry authorities that allow it to offer trading services to the clients.
Hedging, scalping, netting, and copy-trading are allowed on all accounts, and all are available as Islamic swap-free accounts. Next traders will have to complete a profile with their name, telephone number, and date of birth. Overall, for traders looking for a trustworthy and reliable trading environment, we recommend looking at LimeFX and XM as alternatives.
Justforex provides training in the form of documentation, webinars, and videos. Centralize all your work, processes, tools, and files into one Work OS. Connect teams, bridge silos, and maintain one source of truth across your organization. No, it is not a licensed or regulated broker and operates illegally.
The relevance of quotations provided by the broker to its clients is extremely important for them. Adoption of a trade decision depends on these very price values. The speculator decides to buy or sell the asset selected for trading based on its quotation. This issue is especially important for scalpers the transactions of which sometimes last less than a minute. The suppliers of quotations or liquidity providers are the largest banks and prime brokers. The most significant financial organizations are united in a network for conducting joint trade.
I deposited $700 but later it told me to pay two times of it. They cheated me of $150 and I could not reach the account again. ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up. We are committed to the fair handling of reviews and posts regardless of such relations. In view of what happened, I recommend that everyone stay away from this brokerage. All information on 55brokers.com is only published for general information purposes.