Justforex Broker Overview
In the competitive world of online forex trading, Justforex has managed to make a name for itself as a reliable and trustworthy broker. Established in 2012, the company offers its clients access to the global currency markets through its user-friendly trading platform. With competitive spreads and low commissions, Justforex makes it easy for traders of all levels to get started in the exciting world of forex trading. Traders can trade using different Justforex account types. Read on to get a comprehensive Justforex review.
Founded in 2012 Justforex is a retail Forex broker that offers online trading services to individual and institutional investors. The company is headquartered in Kingstown, Saint Vincent, and the Grenadines. The company offers its clients a choice of over 170 tradable assets, including Forex, CFDs, metals, commodities, and indices. The company’s trading conditions are highly competitive, with low spreads and low commissions charged on trades. The brokerage’s platforms include a web-based platform using MT4 Justforex, Justforex MT5, and mobile apps for Android and iOS devices. The company also supply with educational materials for newbies and experts, analytical tools, and trading signals. Justforex offers its clients a variety of account types, including a standard, pro, and raw spread.
Justforex Review 2023 Quick Summary
|🏢 Headquarters||Kingstown, St. Vincent and the Grenadines|
|🗺️ Regulation||Financial Service Authority (FSA)|
|🖥 Platforms||Just Forex MT4, Justforex MT5, Web and Mobile (iOS, Android)|
|📉 Instruments||Forex, Cryptocurrencies, Indices, Commodities, Metals, Oils, Share.|
|💳 Minimum Deposit||$1|
|💰 Deposit Methods||Visa, Master Card, Skrill, Neteller, Perfect Money, fasapay, Bank Transfer.|
|📱 Mobile Trading||Available|
|🌍 Web Trading||Available|
|💵Minimum Trade Size||0.01|
|🎢 Maximum Leverage||1:3000|
|☎ Customer Support||24/7|
Justforex Broker Review: Justforex Regulations
Justforex brokerage is regulated by the Belize International Financial Services Commission (FSC) and the broker is available in 197 countries. The regulator is a government agency and responsible for overseeing all the financial services industry located in Belize. It mainly regulates the forex brokers, banks, different credit unions, insurance companies, and many other financial institutions in the country. The Financial Services Commission of Belize was established in 1999.
Justforex Broker Review: Trading Instruments
Justforex offers numerous kind of trading instruments or asset classes to its clients, which include forex, commodities, stocks, and indices. The company strives to provide its clients with the best trading experience by offering different trading instruments.
- Forex: Forex is the most popular type of trading instrument in Justforex, and is available in over 60 currency pairs. Forex offers traders the opportunity to profit in both rising and falling markets and is a great way to hedge your portfolio against volatility.
- Commodities: Justforex commodities are a type of investment that allows traders to speculate on the future prices of commodities like gold, oil, and wheat. The Justforex offers 10 commodities.
- Cryptocurrencies: Justforex cryptocurrencies are exciting way to invest your hard earned money to get expected return. Currently, they provide 10 cryptocurrencies.
- Equity: With Justforex you can trade 65 equities.
- Index CFDs: Justforex Index CFDs are a type of derivative that allows investors to trade in the performance of an index rather than individual stocks. You can invest in 11 indexes including Justforex NASDAQ from around the world and this can be a more efficient way to diversify a portfolio.
- Futures Contracts: A futures contract is basically an agreement between two parties to buy or sell an asset at a future date and you can trade 25 futures contracts through Just Forex platform.
Justforex Review: Minimum Deposit and Withdrawals
The broker offers its clients the opportunity to trade with different Justforex live account, each of which has a different minimum deposit requirement. For example, the Just Forex minimum deposit for a standard account is $1 while the min deposit for the Pro and Raw Spread account is $100. JustForex caters to both new and experienced traders and the deposit amount is lower than the industry average. However, the $1 deposit with a standard account makes it an ideal choice for novice traders who are just getting started in the forex market.
There are several Justforex deposit and withdrawals methods that can be used for transcation. The highly popular methods include bank wire transfers, credit or debit cards, and e-wallets. However, the credit or debit cards are usually the simplest and quickest way to deposit funds into an account. Bank wire transfers can take a few days to process, but they offer the highest limits for depositing funds. However, if you want to keep you personal info private, you can easily use E-wallets.
However, the good thing about Justforex is that they offer instant deposit and withdrawal methods.
When looking to invest money in forex, you want to make sure you're doing so in the most efficient way possible. JustForex fee structure combines commission and spreads depending on the account you choose. For example, the Standard account has 0.3 spreads with no commission while the spread is 0.1 with no commission for Pro account. However, the spread is 0 for the Raw Spread account offered by Justforex, but it charges commissions and it is 3 units of the base currency per lot/side.
And all these accounts offer swap-free opportunities for Muslims.
Justforex offers a few bonuses and promotions to its clients. These bonuses can be used to trade Forex, commodities, and indices. The most prevalent bonus method is providing the deposit bonus. Normally the deposit bonus rewards the clients when they deposit funds into their account. The Justforex deposit bonus is 120% and you can get up to $40,000 as bonus. Additionally, they also provide $30 welcome bonus for the new users.
Moreover, the brokerage also offers a weekend bonus, bonus on prediction and more.
Justforex Broker Trading Platform
Just Forex MT4
The MetaTrader 4 platform is a popular platform that is used by many traders worldwide. The Just Forex MT4 platform allows Forex traders to perform technical analysis, manage their accounts, trade, and monitor their progress in real-time.
Moreover, the platform is user-friendly and can be customized to meet the needs of individual traders. Its intuitive interface and powerful tools allow traders to manage their portfolios and execute trades easily. The MT4 Justforex platform comes free with Justforex and it is available for both Windows and Mac. As a result, traders can eventually trade from anywhere.
The MT5 provides traders with a wealth of innovative features for online trading of Forex, contracts for difference (CFDs), and futures. MT5 offers an impressive range of tools and opportunities that are not available in the previous versions of the platform. MetaTrader 5 also allows traders to use Expert Advisors for automated trading.
MetaTrader Mobile App for iOS and Android
The MetaTrader mobile app lets you trade from anywhere in the world on your iPhone or iPad or Android devices. The app offers features such as: real-time quotes, charts, indicators, and technical analysis. You can also open and close positions, modify orders, and view your account history.
Justforex MT4 platform and MT5 Web Trader is a web-based platform that enables traders to trade Forex and CFDs from any computer or mobile device with an internet connection. The platform is extremely easy to use and provides traders with numerous features, such as charting, analysis tools, and order management. In addition to that, the Web Trader provide many trading strategies or Expert Advisors (EAs), which you can use to boost your trading.
Justforex Account Types
JustForex offers its clients the ability to open a variety of account types, each with their own set of benefits and features. Traders can choose from Standard Cent, Standard, Pro and Raw Spread.
The Standard Cent account is designed for novice traders who want to get started trading with a small deposit and trade micro-lots. Further, the account has no commissions or fees and offers traders access to a wide range of trading tools and features.
The account has $1 minimum deposit requirements and offers spreads from 0.3. The Justforex leverage for the Standard Cent account is 1:1000.
The Justforex Standard Account is a great option for traders who are looking for a reliable and affordable way to trade forex, also want to enjoy the full features of the JustForex trading platform. It offers competitive spreads from 0.3, no commissions, and fast order execution. In addition, the Standard Account allows you to use leverage up to 1:3000.
The Standard Account is meant for more experienced traders who want to trade in larger volumes. The account has no restrictions on the number of trades that can be placed and no restrictions on the size of the positions that can be taken.
The Justforex Pro account is a top-tier account type that offers professional traders a suite of features and benefits that are designed to help them take their trading to the next level. Some of the key features and benefits of the Pro account include access to a personal account manager, exclusive market insights, and more generous deposit and withdrawal limits.
You will get competitive spreads starting from 0.1 while the leverage is up to 1:3000. However, you don’t have to pay any commission on Pro Account and Just Forex minimum deposit is $100.
Raw Spread Account
With this type of account, you can trade without having to worry about the spreads that are usually associated with trading. However, you will need to pay commission on 3 units of base currency and it is counted per lot. The account can be opened with a minimum deposit of just $100 and it comes with a wide range of features.
Justforex Broker Tools
The Forex market is constantly changing and evolving. As a trader, you need to be able to keep up with the latest trends and developments in order to make the most informed decisions possible. This is where Justforex broker tools come in. These tools allow you to access a variety of information and data that can help you make better trading decisions.
Justforex social trading is a relatively new phenomenon that has taken the Forex world by storm. It allows traders to interact with each other and follow the trades of others in order to learn from their successes and failures. This type of trading can be extremely beneficial, as traders can share information and techniques with one another while building a community of traders. Additionally, social trading platforms allow traders to copy the trades of other successful traders, which can help them to achieve better results in their own trading.
The Justforex economic calendar is a tool that traders use to track upcoming economic events that may affect the value of a currency. The calendar lists all of the upcoming announcements, releases, and speeches from central banks around the world. This information helps the traders to know the prospective changes in the market and make highly informed trading decisions.
The Forex market is a volatile and ever-changing environment. Hence, it can be difficult to predict the market’s moving direction. However, there are some general trends that can be observed, and by using a Justforex daily forecast, traders can get an idea of what to expect.
The forex market news is always changing. The most recent news can have a huge impact on the way the market moves. For example, if there is news that the United States is going to raise interest rates, the value of the dollar is likely to go up. If there is news that China is experiencing a financial crisis, the value of the yuan is likely to go down. So, the Justforex market news feature will help you to make an informed decision on your trading.
Justforex Review: Research and Education
Justforex provides an education center that offers a variety of resources to help traders learn about forex trading. These resources include articles, videos, and webinars that cover a range of topics related to forex trading.
Nevertheless, both beginner and experienced traders will find the education tool handy. Justforex also offers a demo account so traders can practice trading before risking any money.
Justforex Review: Customer Support
The company has a customer service department that is available 24/7 to help customers with any issues they may have. JustForex's customer service department is staffed with experienced professionals who are knowledgeable about the company's products and services. You can reach the support team through phone, email or live chat and can get the solution right away as they use all the latest technology to resolve the persistent issues.
Justforex Registration Process
Justforex makes the registration process quick and easy. First, you will need to choose the Justforex account you want to register. You can do this on the JustForex website by filling out a simple form. Further, you will require to provide some additional info to complete your account. Once your account is open and ready to use, you'll require to fund or deposit with money for first time use.
So, our Justforex review concludes that it is a best forex broker that offers tight spreads, fast execution, and stable trading conditions. With a wide range of supported instruments and a variety of account types, Justforex is perfect for both novice and experienced traders.
Additionally, the company has a strong reputation and is considered to be one of the best in the industry. Therefore, if you are looking for a reliable and reputable broker, Justforex should be at the top of your list.
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