JustForex Review 2019

Regulated By:Not a regulated broker

Foundation Year:2012

Headquarters:No. 1 Orchid Garden street, P.O. Box 445, Belmopan, Belize

Min Deposit:$0

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Your capital is at risk

Your capital is at risk

Education

“Get access to articles and educational videos on the JustForex website from the basics to intermediate level.”

JustForex offers several forex articles spanning various topics such as Market Hours and FX Market Basics. A forex glossary as well as several educational videos will also provide some additional knowledge for the trader.

Trading Experience

“Use the JustForex’s MT4 platforms to acquire a good trading experience at all levels.”

The JustForex MT4 range of platforms provides the perfect introduction to forex trading for beginners and intermediate-level traders. Traders with some experience but without the time to trade can also benefit from subscribing to the social trading service.

FAQ

Where is JustForex based?

The JustForex brand operates out of Belize and St. Vincent and Grenadines.

How does JustForex make money?

JustForex makes its money from spreads on the Cent, Mini and Standard accounts, and from commissions only on trades done with the crypto and ECN-Zero accounts.

How do I deposit in JustForex account?

You can deposit funds using credit/debit cards (VISA, MasterCard), Skrill, Neteller, FasaPay, China UnionPay, Qiwi Wallet and Perfect Money. Bank wires as well as Bitcoin and Bitcoin Cash round off the transaction options on JustForex.

What is the min. deposit for JustForex?

Minimum deposit is $0 for Cent, Crypto and Mini accounts, $500 for ECN-Zero accounts and $100 for the Standard account.

What is the max leverage in JustForex?

Maximum leverage is up to 1:3000 on JustForex Ltd. JustForex is not located in Europe or the UK, so can provide such high leverage without the restrictions recently imposed by ESMA.

Is JustForex regulated?

JustForex is regulated in Belize by the IFSC and in St.Vincent and Grenadines by the Financial Services Authority.

Does JustForex use MetaTrader?

Yes, JustForex offers the MT4 platform for regular trading and the MT5 platform for social trading. Mobile, desktop and browser-based versions of the software are available.

Conclusion

JustForex is not based in Europe. So for traders looking to escape the stringent margin requirements imposed by ESMA in August 2018, brokers like JustForex will offer a viable alternative.

JustForex is regulated, but the IFSC and FSA do not boast of the same regulatory prowess as CySEC, CFTC or the FCA. This is a factor that may cause some concern for traders. Additionally, the lack of an investor compensation mechanism patterned after the UK’s Financial Services Compensation Scheme or its Cypriot equivalent is a negative for JustForex. Investor confidence is at the heart of regulated forex trading. JustForex will have to do a considerable amount of work to boost this confidence.

On a positive note, JustForex has stepped up its game as far as provision of action insight to its clients is concerned. With a Market Overview tab, as well as crypto and technical analyses for assets listed on its platform, traders on JustForex will have a source of market information and insight with which to work with.

We look to the year ahead to see whether JustForex can establish itself as an offshore broker for FX trading.

Top User Reviews

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4.7(12)
JustForex Overall Rating
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Latest 5 user reviews sorted by highest rating
W
Win Joh
5/5
Reliability:
5/5
reliable brokers offering crypto trading

Justforex is a good broker with nice trading conditions. After adding cryptocurrency pairs to their accounts this broker became even more attractive for me as a trader, because now I can make profit on cryptocurrencies too. I can't say a bad word for it. Justforex might become one of the top international forex brokers in a few years, I guess.

A
Ahmad91 Ahmad91
5/5
Reliability:
5/5
Reliable broker well-known in Asia

I trade there for the last 2 years. They do several updates on an ongoing basis. For instance, recently justforex launched crypto currency pairs

A
Alex Attanio
5/5
Reliability:
5/5
Nice performance

After they moved the server, performance and execution became much better on ecn

U
User
5/5
Reliability:
5/5
Customer Support Is Available - 24/7

You can request for assistance anytime you need help

U
User
5/5
Reliability:
5/5
No Minimum Deposit Required

You can open and trade with whatever amount that you feel like

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Your capital is at risk

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