Unregulated Broker, Be Cautious When Trading with JustMarkets

In the ever-competitive world of online trading, JustMarkets is one of those brokers that often comes up in discussions for all the right reasons, and occasionally, for the wrong ones. Founded back in 2012, JustMarkets offers access to a solid selection of markets, competitive pricing structures, and a variety of account types to suit just about any trader. But does it actually live up to the expectations, or is it just another broker riding the wave of flashy marketing? Let’s break it down.

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JustMarkets Information

  • Regulations: NONE

  • Trading Instruments: CFDs and Forex

  • Range of Markets: Forex, Indices, Commodities, Stocks

  • Trading Platforms: MetaTrader4, MetaTrader5

  • Key Features: High Leverage, Copy Trading

What JustMarkets Has to Offer

JustMarkets

Regulation and Safety

JustMarkets is regulated by the Financial Services Authority (FSA) of Seychelles. While it’s not a Tier-1 regulator like the FCA or ASIC, the FSA still provides a basic framework for compliance, client fund segregation, and operational standards. Traders should be aware, however, that protections like investor compensation schemes or strict dispute mechanisms are not on par with EU or UK standards.

The broker emphasises data security and uses segregated accounts to hold client funds, meaning your money is kept separate from operational capital — a good industry practice. Still, without tighter oversight, users should approach with a balanced mindset: the structure is solid, but it’s not bulletproof.

Trading Platforms

JustMarkets sticks to the classics, MetaTrader 4 and MetaTrader 5, and for good reason. These platforms are trusted by millions of traders around the world and offer a dependable, customisable trading environment:

  • MetaTrader 4 (MT4): This platform is perfect for forex traders who want simplicity and stability. With automated trading, back-testing, and expert advisor support, MT4 remains a favourite for good reason.

  • MetaTrader 5 (MT5): MT5 expands on MT4’s legacy by offering more time-frames, built-in economic calendars, improved order execution, and multi-asset trading capabilities. It’s particularly good for traders who want more than just forex.

Both platforms are available on desktop, web, and mobile, which means you can trade whenever and wherever it suits you. Execution is generally fast, and the connection with JustMarkets’ servers is stable enough for scalpers and day traders alike.

Account Types

JustMarkets offers a range of accounts to suit different trader needs — from absolute beginners to high-frequency, experienced pros:

  • Standard Account: Also available with a $10 deposit, but here you’re trading in standard lot sizes. Spreads are competitive (starting from 0.3 pips), and there’s no commission, making it perfect for budget-conscious traders.

  • Pro Account: The Pro account strikes a balance between accessibility and advanced features. With a $200 deposit, traders benefit from spreads starting at 0.1 pips and zero commissions — ideal for active traders looking to scale without incurring unnecessary costs.

  • Raw Spread Account: This is your go-to for raw market pricing. With spreads starting at 0.0 pips and a flat $3 commission per side, it’s designed for scalpers, algorithmic traders, and those who thrive on tight margins. Also requires a $200 deposit.

  • Copy Trading Accounts: Both Standard and Pro versions are available in JustMarkets’ copy trading ecosystem. Whether you want to follow pros or become a strategy provider, these accounts are optimised for social trading with the same pricing as their standard counterparts.

JustMarkets accounts

Overall, the account options are logical, flexible, and scale well with your trading journey.

Markets and Instruments

JustMarkets covers all the essential asset classes, giving traders the tools to diversify their portfolio without overwhelming them with clutter:

  • Forex: You’ll find over 60 currency pairs — majors, minors, and exotics. Spreads and execution are geared for retail and pro-level forex traders alike.

  • Commodities: Gold, silver, and oil are the main highlights here. Enough for hedging or trading news-driven volatility.

  • Indices: A good mix of global indices including the S&P 500, DAX, and FTSE. Perfect for those who want to tap into macroeconomic movements.

  • Stocks: CFD access to major U.S. stocks, and a few global names. It’s not a full equities platform, but good enough for speculation around earnings or trends.

If your trading strategy involves cross-asset diversification, JustMarkets covers most bases. It’s not exhaustive, but it is purposeful.

Fees and Spreads

One of the most appealing aspects of JustMarkets is how straightforward and competitive its fee structure is. There are no surprises, no gimmicks, just clean pricing:

  • Spreads on Standard Account start from 0.3 pips and come with no added commission. This keeps things simple for new or low-volume traders.

  • Pro Account spreads tighten to 0.1 pips, still with no commission, making it highly attractive for intra-day traders.

  • Raw Spread Account users get market-level pricing starting from 0.0 pips. The $3 commission per side is reasonable and in line with top-tier brokers offering ECN-style pricing.

There are no deposit fees. Withdrawal fees depend on your method but are generally reasonable. And best of all — no inactivity fees. That’s rare these days and makes JustMarkets more accommodating for part-time or seasonal traders.

Deposit and Withdrawal Options

JustMarkets offers a flexible range of deposit and withdrawal methods, tailored for global accessibility:

  • Bank Cards: Visa and Mastercard are supported with fast processing and a low entry point, usually $10.
  • E-wallets: Skrill, Neteller, Sticpay, Perfect Money, and others offer quick, seamless transfers for those who prefer digital wallets.

  • Cryptocurrency: Bitcoin, Ethereum, and stablecoins like Tether are all accepted. These options appeal to privacy-focused or globally mobile traders.

  • Bank Transfer: Slower, but reliable for larger withdrawals. Processing time varies by location and currency.

Funding is mostly fee-free on the broker’s end. Most methods are processed instantly or within a few hours. The wide range of options, especially crypto, makes it easy for traders across different regions to access and manage their accounts efficiently.

JustMarkets Pros and Cons

Pros

  • Very Low Minimum Deposit Requirements: JustMarkets makes it incredibly easy to get started. With accounts starting at just $10, even traders with limited capital can open a live account and begin trading. This is particularly attractive for new traders or those in regions where access to larger trading capital is more difficult.

  • Competitive Spreads and Clear Fee Structure: The broker offers very tight spreads, especially on Pro and Raw Spread accounts, with clear, transparent pricing. There are no hidden fees or unexpected charges, and even the commission-based Raw Spread account keeps costs low with a $3-per-side structure. Knowing what you’ll pay ahead of time adds confidence and clarity to your trading.

  • Strong Account Variety with Raw Spread Options: Whether you’re a beginner experimenting with micro-lots or an experienced scalper who needs raw market pricing, JustMarkets has something for you. The range of account types is well thought out, covering everything from cent-based micro accounts to commission-based ECN-like options.

  • Copy Trading Platform Available: JustMarkets has built-in support for copy trading, allowing traders to either follow seasoned professionals or build a following of their own. For passive investors or those still learning the ropes, this adds a layer of functionality that many budget brokers lack.

  • Crypto Funding Accepted: The ability to deposit and withdraw using cryptocurrencies is a big win, not just for speed and cost-efficiency, but also for those who want to keep their trading off the traditional financial grid. With Bitcoin, Ethereum, and stablecoin support, the process is fast, global, and secure.

Cons

  • Regulated Only by FSA (Seychelles): While regulation is better than no oversight at all, the FSA is not considered a top-tier regulator. It does not offer the same client protection standards, enforcement capabilities, or compensation schemes as regulators in the UK, Australia, or the EU. This won’t be a deal-breaker for everyone, but it’s a point to be aware of.

  • Limited Stock and Crypto Offering Compared to Bigger Brokers: While the basics are covered, those looking to trade a broader range of equities or access smaller, niche cryptocurrencies might find the asset selection a bit underwhelming. JustMarkets caters more toward forex and CFDs than full-spectrum trading.

  • No Proprietary Platform for Those Looking for an All-in-One Experience: While MetaTrader platforms are powerful, some traders prefer having an integrated ecosystem with analytics, community tools, and account management all in one place. JustMarkets relies solely on MetaTrader and doesn’t offer a custom-built trading environment.

  • Customer Service Can Be Inconsistent at Peak Times: Although support is available via live chat and email, response times can lag during peak trading hours. This could be frustrating if you’re dealing with time-sensitive issues or need quick assistance while managing trades.

JustMarkets’ Reviews from the Web

JustMarkets Trustpilot reviews

JustMarkets Reviews on Reviews.io:I want to share my negative experience with an investment platform that had serious security issues, which unfortunately led to my funds being stolen. To make matters worse, their customer support was completely unhelpful.

Justmarket broker from BabiPips: “My only experience of it is reading its online reviews just now (because you asked!). Many are hair-raisingly awful, and made me want to run a mile.”

Justmarkets eat my all profit and accused me of fraudulent trading on FPA: “I am writing to provide my experience of the services provided by Justmarkets.com Broker. I opened an account with Justmarkets.com with the MT5 A/C No. 2000624085. I would like to bring to your attention an incident that has occurred with my account, which has led me to believe that Justmarkets.com is a fraudulent broker.”

Final Verdict: Is JustMarkets the Right Fit for You?

JustMarkets gets a lot of things right — low entry barriers, flexible account options, clean spreads, and support for both MetaTrader platforms. For traders who appreciate simplicity, affordability, and practical tools without the bells and whistles, this broker delivers a strong, no-frills experience.

That said, it’s not a one-size-fits-all solution. Regulation is light, and traders looking for comprehensive stock or altcoin exposure might find the offering too narrow. There’s also no proprietary platform, which some traders might miss.

Still, if you’re a beginner looking to get started with minimal capital or a cost-conscious trader who knows exactly what you need, JustMarkets checks a lot of boxes. It’s easy to set up, easy to scale with, and focused on getting you into the market — without excessive distractions or costs.