JustForex Review

$100MIN. DEPOSIT
Up to 3,000:1
Up to $20,000
NO DEP. BONUS
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JustForex
Up to $20,000
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Overview

Company Information JustForex is one of the tenderfeet in the exuberant FX niche. Lately, though, it has made gigantic strides towards becoming one of the true pioneers in currency trading…. more

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Details

BrokerJustForex
Website URLhttps://justforex.com
Founded2012
HeadquartersBelmopan, Belize
Support Number+371 67 881 045, +44 1418 461237
Support Emailsupport@justforex.com
Support TypesE-mail, Phone, Live Chat, Call Back
LanguagesEnglish, Portuguese, Russian, Spanish, Indonesian, French, Chinese, Vietnamese, Thai, Arabic, Korean, Malay
Minimum 1st Deposit$100
Minimum Trade Amount0.01 lots
Maximum Trade Amount100 lots
BonusUp to $20,000
PayoutUp to 3,000:1
Free Demo AccountYes
Regulated Yes
RegulationBelize International Financial Services Commission
Account TypesCent, Mini, Standard, ECN Zero
Deposit MethodsVISA, MasterCard, Skrill, Fasapay, NETELLER, PerfectMoney, Local Malaysian banks, JustForex prepaid card, China Union Pay, Qiwi, WebMoney, Epayments Association, DixiPay, Yandex, Wire Transfer
Withdrawal MethodsVISA, MasterCard, Skrill, Fasapay, NETELLER, PerfectMoney, Local Malaysian banks, JustForex prepaid card, China Union Pay, Qiwi, WebMoney, Epayments Association, DixiPay, Yandex, Wire Transfer
Types of AssetsForex, Metals
Account CurrencyUSD, EUR, IDR, CNY, MYR, SGD, RUB
ECN Broker Yes
Scalping Allowed Yes
Managed No
Lowspread Yes
Forex Demo Contests No
Forex Live Contests No
US Traders Allowed No

Full Review

Company Information

JustForex is one of the tenderfeet in the exuberant FX niche. Lately, though, it has made gigantic strides towards becoming one of the true pioneers in currency trading.

The Forex enterprise finds its origins in Belmopan, Belize’s gorgeous capital city, and is strictly regulated by the IFSC.

With JustForex, spreads are ultra-low, commencing at 0 pips for the ECN Zero accounts. The mind-boggling max leverage of 3,000:1 is probably the industry’s highest. Order executions at the brokerage take mere second fractions and start from 0.05s. Remember that this is only during normal market conditions.

If you are a total newbie to FX trading, the broker’s educational articles will immensely aid you in obtaining cognizance. Couple them with a gratuitous demonstration account and polish your financial knowledge to perfection before diving in the untamed waters of currency trading.

On-the-go investments are possible thanks to the ground-breaking mobile apps of JustForex. Top it all off with the fact that any strategy – news trading, scalping, expert advisors, hedging, etc. – is permitted and you will end up with a brokerage that is a must-try.

Trading Information

At JustForex, four (4) account options await you. These include a Cent, a Mini, a Standard, and an ECN Zero account.

The Cent account is characterised by no minimum deposit, max leverage of 1,000:1, no commissions, and a spread, commencing from 0.3 pips. The min and max order sizes are 0.01 cent lot and 1,000 cent lots (with 0.01 step), respectively. The Margin Call and Stop Out levels here are 40% and 20%, while the number of max orders is set to 100. The trading instruments for this account are 34 Forex pairs and 2 metals.

The Mini account neither has a minimum deposit. However, with this account, the leverage’s maximum is a whopping 3,000:1. Spreads begin at 0.3, there are no commissions, and the min and max order sizes are 0.01 and 100 lots. The amount of maximum orders is to the tune of 200, while the Margin Call and Stop Out levels are 40% and 20%, respectively. Mini account’s trading instruments encompass 57 currency pairs and 2 metals.

The Standard account comes with a $100 min deposit and a mind-boggling max leverage of 3,000:1. Spreads for this account commence at 0.1 while the minimum and maximum order sizes are 0.01 lots and 100 lots, respectively. 40% and 20% are the levels for Margin Call and Stop Out while there is no limit on the maximum orders’ amount. 57 Forex and 2 metals are the trading instruments for the Standard account.

The ECN Zero account’s minimum deposit is $500. Here, the leverage is much lower – capped at 500:1. There are commissions, but the ECN account comes with ultra-low spreads, beginning at 0 pips. 0.01 & 100 are the min and max order sizes in lots and there is no limitation on the amount of max orders. The Margin Call and Stop Out levels are to the tune of 100% and 50%. The ECN account also derives great advantage from 84 Forex pairs and 2 metals.

All trading accounts have no maximum cumulative volume of positions. Additionally, they all profit from a market execution, and save for the Cent account, with all others, the contract size of 1 lot equals 100,000. A demo account is readily accessible for all account holders.

Social Trading has been gaining considerable ground lately and JustForex is among the several brokerages that provides its revered clients with a platform for engaging in that. There, you can perform orders copying, rate MQL5 signals, and become a signals provider to earn some income.

Trading Platforms

JustForex possesses two trading platforms – the MetaTrader 4 & the JustForex WebTrader.

MetaTrader 4 is the true embodiment of the “all in one” concept. Roughly 80% of world traders find this platform to best suit their sophisticated preferences. MT4 is fairly easy to master and comes with a plethora of benefits:

  • A broad array of time intervals;
  • Printing of graphics;
  • 9 different timeframes (D1, H1, H4, M1, M5, M15, M30, MN1, and W1);
  • Market execution;
  • An opportunity to craft your own advisors thanks to the built-in MQL4 programming language;
  • Financial news in real time;
  • A wide assortment of advisors, indicators of technical analysis, and scripts (Market Depth included);
  • Ability to open, close, as well as modify pending and market orders;
  • One-click trading;
  • Ability to trade directly from a graph;
  • Internal e-mail.

JustForex was among the primary FX enterprises that introduced trading through a web-platform to their respected clients. As of now, the online trading terminal is an epitome of the MT4 platform with simplified functions. Due to its user-friendly interface, it is ideal for newcomers. Seasoned investors will appreciate the WebTrader for its accessibility and mobility.

JustForex’s WebTrader has similar perks to the MT4. The things that differentiate it from it include:

  • No necessity for downloading and installing the trading terminal;
  • An ability to use the web-based platform on any device that has a browser;
  • Real-time interactive graphs that can be scrolled and zoomed, as well as customisation of the colours of different elements (net, volumes, bars, etc.);
  • Offline mode (current trading position, graphs, quotations, and complete trading history are accessible without any Internet connection);
  • Full-screen mode;
  • Minimum traffic.

Security and Customer Services

One of JustForex’s founding pillars is treating its customers in a fair way. This is embedded in their corporate ethos and culture. However, when it comes to maintaining client data, the Forex broker places it on an even higher pedestal.

Belize’s regulatory body – IFSC – is responsible for the stern oversight of all JustForex activities. The company’s liquidity comes from 18 of the largest world banking entities. Segregated accounts secure client funds and separate them from those of JustForex, ensuring an utmost safety.

Among the best brokerages in Asia, JustForex is also punching the competition elsewhere. For this also speaks the immaculate client support service, which, for the English language, is 24/7 in the form of a live chat, call-back requests, e-mail assistance, and phone support. A fantastic FAQ page further aids customers when they are facing pressing issues.

The cutting-edge website of the FX broker comes in English, Portuguese, Russian, Spanish, Indonesian, French, Chinese, Vietnamese, Thai, Arabic, Korean, and Malay.

Deposits and Withdrawals

Deposits at JustForex come with plenty of options. These comprise credit/debit cards (VISA, MasterCard), e-wallets, and other methods, including Skrill, Fasapay, NETELLER, PerfectMoney, Local Malaysian banks, a JustForex prepaid card, China Union Pay, Qiwi, WebMoney, Epayments Association, DixiPay, Yandex, and a Wire Transfer. Most deposits are instantaneous or take 1-2 hours save for a wire transfer, which necessitates 3-5 bank days.

Withdrawals are carried out in the method you have used for depositing. The processing time for all of them is 1-2 hours, but only withdrawals through NETELLER, Local Malaysian Banks, the Epayments Association, and the JustForex prepaid card are free of charge.

The currencies accessible include USD, EUR, IDR, CNY, MYR, SGD, and RUB.

Deposit Bonus and Loyalty Programmes

JustForex pampers its clients with a Double Benefit bonus. To qualify for this perk, you need to:

  • Initiate a deposit of at least $100;
  • Check the “Get a Bonus on Deposit” line in the form for deposits;
  • Selected the preferred bonus size;
  • Thoroughly read and accept “Deposit bonus rules”;
  • Click on the button “Deposit”.

The double bonus’s max amount is $20,000 and is accessible for withdrawing at any time. Withdrawing the bonus won’t call off the bonus itself.

If you add to this that JustForex has ultra-low spreads, elite security, and its amazing social trading network, you will understand why it is probably your top selection.

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