JustForex Review

JustForex has been around since 2003. They are a retail Forex broker operating out of St. Vincent and the Grenadines, and they provide services to retail traders from the upcoming and emerging markets.

JustForex has many ways of promoting themselves to attract more customers, and one of them is being generous about promotions. The company says that a client sets up a new account every eight seconds, and the average profits are seven times more than the initial deposit. Along with this, 52% of traders consider it their primary source of income, and 70% use it for research purposes.

 

Let’s dig in a little deeper and find out what JustForex has to offer.

 

You can find our transparent JustForex review below. Broker reviews are updated frequently!

 

➔ Open your free trading account with Justforex now

(Risk warning: 75.59% of retail CFD accounts lose)

 

 

 

With JustForex, you can be sure that your trading experience will be smooth and reliable. JustForex has been around since 2005 and has built a reputation for being one of the most reliable brokers out there. They’ve got an excellent track record when it comes to their customer service, as well as their platform’s reliability, security, and functionality.

JustForex is also known for having some of the lowest spreads in the industry. The company uses MetaTrader 4 as its trading platform, which allows traders to place trades quickly and effectively—allowing them to spend less time waiting on their trades and more time making money!

JustForex provides traders with access to more than 100 unique markets and almost 300 currency pairs. The broker also provides traders with a wide range of tools, including:

• Mobile apps for iOS and Android devices

• Web-based platform (Windows, MacOS, Linux)

• Desktop platform (Windows, MacOS)

➔ Open your free trading account with Justforex now

(Risk warning: 75.59% of retail CFD accounts lose)

 

JustForex Tradeable products

JustForex Tradeable products

JustForex offers a wide range of tradeable products, including currencies, indices, commodities and metals. You can trade spot or futures contracts (with up to five years’ expiry dates) in the most popular currencies, including USD/JPY and EUR/USD. The Spot Trading section also includes access to more than 50 currency pairs, which you can trade with a spread of up to 4 pips.

JustForex’s CFD service allows you to trade shares on over 200 underlying assets from around the world. These include stocks, indices and commodities such as oil and gold. CFDs are flexible instruments that let you gain exposure to different markets without actually owning them – they’re traded on margin (borrowing money) so you don’t have to pay for them upfront but can instead make gains when prices rise or fall.

 

JustForex Account types

There are two main account types to choose from when you sign up for a JustForex account: the Standard Account, and the VIP Account.

The Standard Account is the most basic option, with no inactivity fees and a $50 minimum deposit amount. The only significant difference between this and other platforms is that it doesn’t offer a Demo Mode. If you’re looking to test your trading skills before committing to a live account, then this might not be the best choice for you.

The VIP Account, on the other hand, offers everything from Demo Mode and a free demo account to a Live Chat Assistant who can help answer any questions you have about trading in real time (no matter what time of day or night). This account also comes with an inactivity fee waiver that lasts for three months after opening an account—after which point there is an annual fee of $250 per year.

 

 

Average Standard Account Spreads on Majors

• EUR/USD: 0.1
• GBP/USD: 0.4
• USD/JPY: 0.3
• AUD/USD: 0.3

Opening an account

To open an account with JustForex, you need to register on the website. To do this, follow these simple steps:

1. Enter your email address in the field provided and click “Register”. You will receive an email confirmation with instructions on how to create a password and activate your account.

2. After you have done this, log in with your email address and password (make sure it is correct) and click on “Open an Account”.

3. Answer all questions honestly and accurately to complete the registration process.

➔ Open your free trading account with Justforex now

(Risk warning: 75.59% of retail CFD accounts lose)

Account currency

JustForex is a broker that offers trading in over 200 instruments, including forex and CFDs on commodities, precious metals, shares and indices. The company was founded in 2006 and has since grown to become one of the fastest-growing brokers in the world. With its headquarters based in Cyprus, it has offices in Russia, Ukraine and South Africa.

The company offers trading services for clients from around the world. It does not require any minimum deposit which means that you can start trading with as little as $100. JustForex offers competitive spreads which are important when trading volatile assets such as currencies and commodities. The company also provides 24/7 support via email or live chat which can be accessed from anywhere at any time of day or night.

Trading platform

You can choose between different versions of the trading platform as a client, including the basic version of the MT4 and MT5 trading platforms. They offer a quick guide on using MT4, in a good way, directly under the introduction of the trading platform. However, JustForex does not grant any third-party add-ons to upgrade the trading platforms, which is a disadvantage. The MQL5 Signal Trading supports social trading in MT5.

At JustForex, we recognized that our clients want the MT4 trading platform. That’s why we’ve made it available. However, we also offer MT5, because we know that you can’t always be at your desk.

You can use MQL5 Signal Trading available inside the MT4/MT5 trading platform if you are working as a social trader. You can trade with expert advisors as a client, and you can use any of the 30 native indicators and analysis tools such as the Line tool, Channel tool, Fibonacci and Gann tools, etc.

JustForex also offers a social trading network that is based on the MT5 platform. So you can simply join the network and select the traders whose trades you want to follow. You can also download the application available on iOS and Android of the JustForex MT4 platform. The platform is similar in function to that of the desktop platform.

➔ Open your free trading account with Justforex now

(Risk warning: 75.59% of retail CFD accounts lose)

JustForex Commissions and fees

JustForex offers various account types. Some of these account types provide commission-free trading, while others provide commission-based trading. For example, the Standard, Pro and Cent accounts are commission-free; however, the Raw Spread account is not.

In the Pro account, you earn 0.6 pips commission-free EUR/USD spread. This can be considered a big plus. On the other hand, the Raw Spread account lists 0.0 pips for a fee of three currency units of the base currency on each side, or $6 for the EUR/USD. The swap rates on leveraged overnight positions apply, and corporate actions such as dividends, mergers, and splits impact equity and index CFDs at JustForex Brokerage Company (JFC). The company passes on all relevant credits/debits and remains as transparent about them as possible. An inactivity fee of $5 per month also exists if there has been no trading activity by your client for more than 150 days at JFC Brokerage Company Ltd., which provides services related to financial markets (CFDs) in Australia.

Leverage

When trading with JustForex, you can use leverage in the range from 1:1 to 1:3000.

The maximum leverage for the cent account is 1:1000, while the pro, standard, and raw spread account have 1:3000.

JustForex mentions that for positions opened between 22:00 (GMT+3) Friday and Monday 02:00 (GMT+3), the leverage would be changed to 1:200 for the specified period, and the margin requirements will be calculated accordingly.

Deposits and Withdrawals

With JustForex, you can make a deposit or withdrawal with one of their 25 supported payment options, including credit/debit cards, online payment processors, local bank wire, and cryptocurrencies.

The processing times for deposits are instant, while the withdrawals are commendably fast, with an interval of one or two hours in-between. The applicable fees are dependent on the preferred payment processor.

➔ Open your free trading account with Justforex now

(Risk warning: 75.59% of retail CFD accounts lose)

Education and Research

The research section of JustForex consists of Stock Market Analysis, Forex Technical Analysis, Market News, Market Overview, Daily Forecast and an Economic Calendar.

Stock Market Analysis contains a wealth of information about different market trends and stocks around the world. This section also features real-time data for over 100 currency pairs and over 500 stocks listed on global exchanges. The information is updated regularly throughout the day.

The Forex Technical Analysis tool provides daily forecasts that can be used to help you make better trading decisions. You can easily create indicators based on your own trading strategy using this tool.

Market News helps you stay up-to-date with economic news from all over the world. It includes headlines from more than 1,000 media sources in more than 20 languages. You can also find links to full stories from many popular newspapers and websites such as The Wall Street Journal and Reuters.

Market Overview provides an overview of the markets each day so you can see how they have changed since yesterday’s close.”

Customer Service

JustForex offers customer support in several languages such as English, Indonesian, Malaysian and Chinese. These services are available 24 hours a day, seven days a week through phone, email, live chat and messenger apps such as Telegram, WhatsApp and Skype.

With JustForex, you can be sure that your money is safe and that your investments are managed by experts with years of experience working in the Forex industry. The company has been around for almost 20 years now and has proven time and time again that it knows what it’s doing when it comes to trading on the global financial markets.

Bonuses and Promotions

JUSTFOREX offers a wide range of bonuses and promotions. The broker offers an initial bonus, a welcome bonus, and a referral bonus.

The initial bonus is designed to help new traders get started with their trading careers. Traders receive $100 upon sign-up, which they can use to trade in the market without any risk of loss. Traders can use this money to test out different strategies and see if they are right for them before committing any real money.

The welcome bonus is given to traders who open an account with JUSTFOREX and make their first deposit of at least $50 into their account within 90 days of signing up. This bonus comes in two parts: 20% cash back on losses incurred during the first six months after opening an account; 10% cash back on profits during the first six months after opening an account (cash back does not exceed $200 per week).

The referral bonus is given to traders who refer other traders to JUSTFOREX by providing their unique referral link to those people. If someone signs up via your referral link, you will receive $20 from JUSTFOREX as soon as they make their first deposit into their new account.

Special features

Special features:

JustForex is a fully online broker that offers access to the global financial markets. It has been around since 1999 and has grown to be one of the largest forex brokers in the world. They offer trading on all major currency pairs, commodities and indices. JustForex provides its clients with an intuitive trading platform, which makes it easy for them to trade from their desktops or mobile devices.

You can open an account with as little as $500, which is great for beginners who want to try their hand at trading currencies. The minimum investment for each trade is $10, which means that you don’t need a large amount of capital to start trading currencies on your own account instead of through a bank or a traditional broker like TD Ameritrade or E*Trade Bank.

Another pro feature of JustForex is the bonuses offered to the clients. They may vary according to circumstances, but they often provide a solid incentive which is a smart way of attracting and getting new clients.

➔ Open your free trading account with Justforex now

(Risk warning: 75.59% of retail CFD accounts lose)

JustForex South Africa

JustForex South Africa is a broker that specializes in providing forex trading tools and services to its customers. The broker offers both a mobile app and a web-based platform, so you can access your account from anywhere. JustForex offers competitive spreads and tight margins, as well as an extensive range of currency pairs.

With JustForex, you’ll be able to trade with ease on your iPad or iPhone. The mobile app allows you to set up alerts for when certain conditions are met, such as an increase in the value of a currency pair or when there’s been a significant change in the market. With the JustForex mobile app, you’ll be able to place trades from anywhere—even on the go!

JustForex Affiliate program is a great way to earn money.

The program is free to join, and you can choose to receive payments in a variety of ways. You can also earn bonuses for referring new affiliates to the program. If you are interested in joining, please send us an email  with the subject line “JustForex Affiliate Program Inquiry” and we will reply with more information about how to get started!

Our verdict

We love JustForex. It’s a great broker with a focus on forex and CFDs, which means that you can trade pretty much anything you want using this platform. It’s also really easy to use, and they offer an excellent customer service team that is always there to help you with any questions or concerns.

If you’re looking for a broker that is easy to navigate and offers fast execution times, then JustForex may be the right choice for you!

Traders can also use the MetaTrader Signals tab to obtain Forex VPS services and social trading. Both novice and experienced traders may benefit from the broker’s bonuses and promotions, as well as the chance to trade on the worldwide recognised MetaTrader 4 and MetaTrader 5 trading platforms for PC and mobile trading apps.

JustForex provides multilingual customer service 24 hours a day, seven days a week, which is quite beneficial to all traders. In addition, the research and education tools are extremely extensive in features and information.

➔ Open your free trading account with Justforex now

(Risk warning: 75.59% of retail CFD accounts lose)

Bottom line

JustForex offers a unique trading experience. It’s not regulated and doesn’t have a physical office, but it has great statistics on its website and provides a good trading environment and instruction. Given the effort put in to provide unbiased research with hundreds of daily trade ideas, it continues to outperform many competitors in this aspect.

The emphasis of JustForex continues to be on emerging markets, whose portfolios have historically been lower than in established markets.

JustForex tries to overcome its regulatory gap by running large bonus programs. Because of the overall services provided to traders, it is a feasible option for all types of traders.

 

Broker FAQ

Thinking of Trading with JustForex?

What is JustForex’s minimum deposit?

The minimum deposit for all account types is $1.

How do I deposit/withdraw from my JustForex account?

You can deposit/withdraw funds through debit or credit card, bank wire transfer, PayPal, Skrill, Neteller, Fasapay, Alipay, and Qiwi.

Is JustForex spreads high?

JustForex offers tighter spreads on all forex pairs.

What is the maximum leverage at JustForex?

JustForex offers maximum leverage of 1:3000.

Does JustForex use MetaTrader?

Yes, JustForex uses MT4 and MT5.

Is JustForex available in South Africa?

Yes, JustForex is available for South African traders.

 

 

IC Markets & Tickmill

Pepperstone & Capital.com

Top FX & HFM

AMarkets & FXTM