If you’re thinking about trading with JustMarkets, then it’s important to understand some of the JustMarkets FAQs and what this forex broker can do for you.
One of the first things people think when they hear the word “JustMarkets” is: Can JustMarkets be trusted? But how can you be sure that everything on JustMarkets is what it seems?
That’s why we wanted to do our best to answer any questions you might have about JustMarkets.
20 JustMarkets FAQs (Frequently Asked Questions)
Can you make money with JustMarkets’s platform?
You can make money with JustMarkets even with minimum funds with minimal risks. While you can make money with JustMarkets with little amounts, you must understand the way the proportional replication system of the trading signals functions. Besides this knowledge, you would lose your money instead of gaining.
How secure is JustMarkets?
JustMarkets is a relatively secure broker, as it is regulated by four financial authorities: the Seychelles Financial Services Authority (FSA), the Cyprus Securities and Exchange Commission (CySEC), the Financial Sector Conduct Authority (FSCA), and the Financial Services Commission (FSC). These authorities require JustMarkets to comply with strict rules and regulations, which helps to protect the interests of clients.
Is JustMarkets good for beginners?
Yes, JustMarkets is a good broker for beginners. It offers a variety of educational resources, including webinars, tutorials, and articles, to help beginners learn about trading. It also offers a demo account that beginners can use to practice trading without risking any real money.
Social trading is a great offer for less-experienced traders. Starters can copy from trades of expert traders in a fast and easy manner with the use of the platform. JustMarkets primarily displays the list of the most successful traders.
Can JustMarkets be trusted?
You can trust JustMarkets. The company is watched and regulated by FSA, FSCA, FCA and CySEC. This means that it is not a scam but a legitimate financial trading company.
However, such trading platforms may come with specific disadvantages for traders who aren’t well experienced.
JustMarkets is trustworthy. You might check out their services. However, be cautious about the risk involved. JustMarkets is a multiple-asset trading platform with offers that include forex, crypto, and stock investment. It equally offers CFDs trading.
Is JustMarkets a good broker?
JustMarkets (formerly Justforex) is a good broker for traders who are looking for a regulated and reputable broker with a variety of trading instruments and account types.
Is JustMarkets copy trading worth it?
Yes, JustMarkets copy trading is worth it. The platform has a few expert traders you can copy. Nevertheless, it requires special skills and time to locate them. Generally, copy trading is a risky investment that is not recommended if you’re just beginning.
Is JustMarkets Regulated?
Yes, JustMarkets is regulated by four financial authorities:
Seychelles Financial Services Authority (FSA)
Cyprus Securities and Exchange Commission (CySEC)
Financial Sector Conduct Authority (FSCA)
Financial Services Commission (FSC)
These authorities require JustMarkets to comply with strict rules and regulations, which helps to protect the interests of clients.
Can you Withdraw Money from JustMarkets?
Yes, you can withdraw money from JustMarkets. The withdrawal process is simple and can be completed in a few steps. You can withdraw money using a variety of methods, including bank wire transfers, credit/debit cards, and electronic payment systems.
How much does JustMarkets Charge to Withdraw?
JustMarkets charges 0% in withdrawal fees for all withdrawal methods except cryptocurrencies. For cryptocurrencies, JustMarkets charges a 0% withdrawal fee plus the blockchain fee. The blockchain fee is charged by the blockchain network and varies depending on the cryptocurrency.
What is the minimum deposit in JustMarkets?
The minimum deposit in JustMarkets is $10 for all account types except Crypto accounts, which have a minimum deposit of $30.
Is JustMarkets a good trading platform?
JustMarkets is a good trading platform for traders who are looking for a regulated and reputable broker with a variety of trading instruments and account types. However, it is important to do your research and understand the risks involved before you start trading.
How much can you earn on JustMarkets?
if you are a successful trader, you could potentially earn a significant amount of money on JustMarkets. Some traders have reported earning profits of up to 100% or more in a single day.
How much does JustMarkets charge per trade?
JustMarkets charges spreads per trade, which is the difference between the bid and ask prices of an asset. The spread varies depending on the asset and the account type. For example, the spread for EUR/USD on a Standard account is 0.7 pips, while the spread for EUR/USD on a Raw Spread account is 0 pips.
In addition to spreads, JustMarkets may also charge commissions on some trades. The commissions vary depending on the asset and the account type. For example, the commission for EUR/USD on a Standard account is $6 per lot, while the commission for EUR/USD on a Raw Spread account is $0 per lot.
Is JustMarkets a market maker?
No, JustMarkets is not a market maker.
How long does it take to withdraw money from JustMarkets?
The withdrawal processing time for JustMarkets varies depending on the withdrawal method you choose. Bank wire transfers typically take the longest, while electronic payment systems and cryptocurrency payments are processed more quickly. It is important to note that the processing time may also be affected by the time of day you make the withdrawal and the currency you are withdrawing.
What happens if JustMarkets goes bust?
If JustMarkets goes bust, your account could be at risk and that could mean losing some or all the money you have in your account.
Why are JustMarkets prices different?
Like every trading platform, prices on JustMarkets have a spread. This means the BUY and SELL prices differ. The BUY price is always costly.
Thus, when you’re closing a short trade position, ensure you check the BUY price on the platform since that is the price you will receive any time you close trades.
Can I trade forex on JustMarkets?
Yes, you can trade forex on JustMarkets. JustMarkets offers a variety of forex trading instruments, including major currency pairs, minor currency pairs, and exotic currency pairs.
Is JustMarkets really free?
JustMarkets is not really free. You can open a demo account that allows you to trade with virtual funds, but if you want to trade with real money, you will need to deposit funds into your account. The minimum deposit is $10.
Does JustForex support both MT4 and MT5?
Yes, JustForex (formerly Justforex) supports both MetaTrader 4 (MT4) and MetaTrader 5 (MT5). MT4 is a popular trading platform that has been around for many years, while MT5 is a newer platform that offers some additional features.
At the End
For your information, JustMarkets is not a new forex broker but it’s a rebranding of JustForex – a popular broker in the forex markets.
Since its inception, JustMarkets has strived to build as a trusted broker in the forex market. The quick answer is that JustMarkets is a secure and trustworthy site. If you are looking to invest your money into the forex, CFDs, and Crypto then JustMarkets is the place to do it!
I hope after reading JustForex aka JustMarkets FAQs, you can know more about this forex broker.
If you have any queries, always feel free to comment below. We will reply as soon as possible with the best possible answers.