JustForex is a retail F.X. and CFD specialist offering the MT4 and MT5 trading stages. The online business takes into account all trading styles, including supporting and scalping. Our review covers spreads, influence, account types and rewards. See if you should open a genuine record with JustForex.
The organization was set up in 2012 and is situated in St. Vincent and the Grenadines. J.F. Global Limited is the corporate proprietor of the brand and offers more than 170 trading instruments across four record types that suit all broker levels.
JustForex serves a huge number of customers from 197 nations and is quite possibly the most mainstream representatives in Asia. Notwithstanding, J.F. Global Limited doesn’t acknowledge merchants from the United States, Japan and the U.K.
The dealer is a confided in brand, getting many positive reviews on the web. In spite of this, JustForex is unregulated and enlisted with the Financial Services Authority (FSA) as an International Business Company (IBC)
JustForex offers the first class trading stages MetaTrader 4 and MetaTrader 5.
Customers can exchange with the famous MT4 stage, most popular for trading on the forex market. The MT4 dashboard upholds progressed diagramming usefulness, 30 specialized pointers, 9 time spans, robotized trading and different apparatuses for ongoing business sector investigation. The easy to understand stage is extraordinary for beginner merchants.
JustForex likewise as of late dispatched another MT4 worker called JustForex-Live2 to extend specialized limit.
The MT5 stage offers an improved trading experience. The stage is more qualified to proficient dealers. The MT5 dashboard upholds 38 specialized pointers, 44 graphical items, 21 time periods, a single tick trading, underlying profundity of market gadgets and a financial schedule.
Clients can tweak and overhaul their dashboard to suit singular necessities. MQL5 Signal Trading upholds social contributing on the two stages.
Clients can download and get to MT4 and MT5 on Windows P.C., webtrader, Android and iOS. Macintosh OS is accessible through Wine, with restricted admittance to new markers and consultants.
Note, JustForex doesn’t permit outsider additional items.
The JustForex platforms offer over 170 trading instruments and have multiple assets:
- Forex – 65 major, minor, and exotic currency pairs i.e. GBPUSD, EURUSD, USDZAR
- Cryptocurrencies – 7 cryptocurrencies i.e. Bitcoin, Ethereum, Ripple
- Futures – 25 futures i.e. NAS100 Future, Crude Oil Brent Futures
- Index – 11 indices i.e. NASDAQ 100, S&P 500, FTSE 100
- Energies – 2 energies i.e. Brent Crude Oil and WTI Light Crude Oil
- Stocks – 65 shares i.e. Apple, Facebook, Hilton Worldwide
- Metals – 8 metals i.e. gold and silver
Spreads & Commission
Spreads on JustForex are low and coasting on all records. Spreads on Standard Cent and Standard records start at 0.3 pips and 0.1 on the Pro record while clients on the Raw Spread record appreciate spreads from 0 pips. Contingent upon the record type, normal live spreads on major forex sets, like GBPUSD, are 0.7 and 0.6 on EURUSD. Spreads on files, like NASDAQ 100 and Volatility 75 file, are 1.0.
Aside from the Raw Spread record, which charges 3 units of the base money per part/side, the specialist doesn’t charge any commissions.
When taking a gander at JustForex versus other notable intermediaries like Exness, HotForex, XM, OctaFX and FBS, the specialist comes in at serious costs.
Contingent upon the record type, JustForex offers influence up to 1:3000. Accordingly, customers can apply different trading systems without expecting to put enormous stores. The agent decreases the danger from likely misfortunes by narrowing influence size as more assets are kept. Subtleties on influence prerequisites alongside an edge mini-computer are accessible on the organization site
The broker does not have a proprietary mobile app. However, the MT4 and MT5 mobile apps connect to the JustForex server. While the desktop version offers the most convenient experience, the mobile solution is a great alternative for investors looking to manage trades regardless of location. Like the desktop terminal, the mobile app offers the same technical indicators, timeframes and analytical charts.
There’s a decent scope of installment techniques at JustForex:
- Visa/Mastercard – moment
- Bank move – 3-6 work days
- E-wallets, eg Skrill, Neteller, Perfect Money, Sticpay – moment
- Neighborhood wallets, eg Fasapay, Alipay, Bitwallet – moment
- Neighborhood banks, eg Malaysia, Indonesia, China, South Africa – moment or as long as one day
- Cryptographic forms of money, eg Bitcoin, BitcoinCash, Ethereum, Ripple, Gemini. USD Coin – one to three hours
The base store changes from $1 to $500 contingent upon the strategy. All installments are free with the exception of digital forms of money, which charge a 1% fixed rate
Withdrawal choices are equivalent to store strategies. All exchanges are prepared inside one to two hours on top of the installment supplier’s timetables. Expenses differ across withdrawal alternatives. For instance, card choices accompany a 2.4% + €2 expense. Least withdrawals range from $1 to $500.
Demo Account Reviews
JustForex offers a demo account, presenting to $5 million in credit. Clients can try out methodologies in genuine market circumstances without gambling cash. Merchants can just open a demo account from the administrative center landing page. Whenever you’ve accepted your demo account login certifications, you can test the MT4 and MT5 stages on all record types. Clients are allowed to open a genuine live record when they are prepared.
JustForex is known to offer standard advancements, web-based trading challenges, Christmas discounts, and welcome rewards. For instance, merchants could win a liberal 100% to 200% reward. Already, the intermediary ran a free $30 Xmas invite reward with no store required. The representative likewise ran an elite promotion code for Nigerian customers.
A 2021 trading challenge gives the chance to win extra store prizes up to $500 with simply a $100 cash expense. At present, the dealer is running a 120% reward advancement up to $40,000.
Generally, JustForex offers a lot of freedom to get additional trading cash. To partake and guarantee any extra, clients need to join on the dealer’s Promotions page. Clients should consistently understand agreements before guaranteeing
The IFSC recently directed JustForex in Belize. Anyway, since 2017, J.F. Global Limited enlisted in St. Vincent and the Grenadines under the Financial Services Authority (FSA) as an International Business Company (IBC).
Despite this, the organization is an unregulated forex representative, as the FSA doesn’t screen, administer or permit IBCs that participate in online forex trading. With 8+ years since foundation, this audit would have jumped at the chance to see JustForex under the oversight of a set-up administrative body.
- Investigation and News – Users can get to visit market examination, everyday gauges, and news to educate trading choices
- Learning Center – The learning place incorporates admittance to ordinary online courses, a forex glossary, and instructive recordings, which are all helpful for new dealers
- Forex challenges – The intermediary has live and demo challenges. Members don’t need to store any cash during demo challenges yet acquire helpful trading experience while winning prizes. Live forex challenges offer a more extensive scope of awards yet expect members to accumulate reserves.
New clients have a decision between Standard Cent, Standard, Pro, and Raw Spread record alternatives:
- Standard Cent – The Standard Cent account was uniquely intended for new brokers. Offering more modest exchange sizes, individuals can just exchange on the MT4 stage. The base store is $1.
- Standard – The Standard record offers tight spreads and no commissions. This record is reasonable for all trading procedures and works with both MT4 and MT5 stages. The base store is $1.
- Professional – The Pro record is the most mainstream alternative. It is intended for experienced and proficient dealers and offers restricted spreads, significant influence, and zero commissions. The base store is $100.
- Crude Spread – The Raw Spread record (redesigned from JustForex’s ECN Zero record) is an ideal decision for hawkers. While there is a commission on exchanges, spreads are coasting from 0 pips. Additionally, this record gives you admittance to all trading instruments. The base store is $100.
A trade-free record is additionally accessible for Islamic dealers. Clients can open descriptions in USD, GBP, EUR, IDR, CNY MYR, KWD, ZAR, and then some.
To open a live record, I.D. confirmation is required, and clients should pass Know Your Customer (KYC) checks. When enrollment is finished, you can log in to the administrative center through the landing page.
Observe the MetaQuotes client arrangement before opening a live record. Agreements can be found on the specialist’s site.
- MT4 & MT5
- Copytrade services
- Secure member login
- minimum lot size
- Up to 1:3000 leverage
- Negative balance protection
- Virtual Private Service (VPS)
- Instant & pending execution types
- Traders from the U.S., U.K., and Japan not accepted
Each market is dependent upon explicit trading hours. Forex, files, stocks, and products are open 24/5 on Mondays to Fridays. You can discover instrument precise trading hours on the JustForex site.
Contact subtleties for the client service group:
- Email – firstname.lastname@example.org
- Live talk – visit log at the lower part of the site
- Phone support number – +371 67 881 045 or +44 1418 461237
- Couriers – Telegram, WhatsApp, Viber, Skype, Messenger, Line
Client assistance is offered in English, Indonesian, Malaysian and Chinese 24 hours every day, seven days per week.
The multi-lingual help group can manage most record and technical questions, for example, on the off chance that you failed to remember your secret phrase or go over ‘exchange is crippled’ blunders. JustForex additionally gives a detailed FAQ page.
The dealer’s central command can be found at J.F. Global Limited, Suite 305, Griffith Corporate Center, P.O Box 1510, Beachmont, Kingston, St. Vincent, and the Grenadines
Security measures at JustForex are genuine. Customer reserves are kept in isolated ledgers. The specialist additionally guarantees information move insurance through SSL encryption and hosts a staggered arrangement of workers with information reinforcement. Furthermore, JustForex gives adverse equilibrium insurance.
JustForex is a market creator with a lovely arrangement of trading instruments and serious spreads from zero pips. The agent additionally offers the central MT4 and MT5 stages across a few record levels. Some might be reluctant to begin trading with an unregulated representative. Notwithstanding, JustForex keeps up intensive safety efforts and gets cheerful client surveys and remarks.
JustForex acknowledges dealers from Australia, Thailand, Canada, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar, etc. most different nations.
Brokers can not utilize JustForex from United States, United Kingdom, Japan.
Alternatives to JustForex
If you are searching for options in contrast to JustForex, we have gathered a rundown of the five leading dealers that are like JustForex underneath. This rundown of agents like JustForex is arranged by similitude and just incorporates organizations that acknowledge brokers from your area.
OctaFX – OctaFX offers multi-resource trading on a scope of stages and versatile arrangements.
RoboForex – RoboForex is a multi-resource online intermediary offering outstanding trading associates.
FBS – FBS is a top online representative contribution MT4 and MT5 trading across a scope of instruments.
F.P. Markets – F.P. Markets is a multi-resource intermediary offering a decision of trading stages.
Worldwide Prime – Global Prime is a multi-directed trading representative contribution to 100+ business sectors.
Is JustForex a regulated broker?
No. While JustForex is enrolled under FSA as an IBC, this controller doesn’t offer licenses for forex trading. However, the agent gets cheerful client surveys.
Does JustForex offer a demo account?
Indeed. JustForex offers a demo account with up to $5 million in virtual credit. To open a record, clients should enter fundamental subtleties, for example, an email address.
How much capital do I need to trade with JustForex?
JustForex requires a base store of $1 on Standard Cent and Standard records and $100 on Pro and Raw Spread records. This makes the business a decent alternative for novices.
Is JustForex a good broker?
The agent gets magnificent remarks from clients. However, it’s anything but a decent scope of trading instruments with serious spreads. While they are not controlled, JustForex has solid security measures set up to ensure customers.
Is JustForex a trustworthy broker?
While JustForex is an unregulated representative, it follows tight security conventions and offers negative equilibrium assurance. In this manner, it is impossible JustForex is a trick.