Introduction or Skip Content and Read the Bottom Line!
JustForex was founded in 2012. It offers both the MetaTrader 4 and 5 platforms where you can trade a selection of markets..
Is this broker reliable or is it better to consider another brand instead? Take the time to read this review to know the answer.
|Platform||MetaTrader 4/5 PC, JustForex WebTrader, MetaTrader 4/5 iPhone, MetaTrader 4/5 Android|
|Minimum account size||$1|
|Minimum lot size||0.01|
|Spread on EUR/USD||0 pip|
|Payment methods||VISA, MasterCard, FasaPay, Local Banks, Neteller, PerfectMoney, Qiwi, Skrill, UnionPay, SticPay, Alipay|
|Demo account||Unlimited time|
|Accepts US traders||No|
|Regulated||JustForex is a duly formed International Business Company. The company is registered by the Financial Services Authority in the jurisdiction of St. Vincent and the Grenadines.|
|Support||Phone, Email, Live Chat, Messengers|
You don’t need to invest a lot of time to register with this broker. You just need to provide some basic details such as your name, citizenship, mobile #, email address and password.
If you want to sign-up with JustForex now, you can click on the button below and we’ll take you straight to the registration page:
Account Types 10/10
The following are the account types offered by Justforex:
- Standard Cent
- Raw Spread
Each account has its own benefits and perks so better know these details before you signup.
Demo Account 10/10
The demo account is your best tool for getting a preview of the platform without using real funds. It’s the same as the live account but will only allow you to place trades in virtual mode so you can see how it works.
Payment Methods 10/10
You can make a deposit via a number of payment methods. Among the ones you can use include credit/debit cards, local bank transfer, FasaPay, Neteller, Skril, UnionPay, Alipay and SticPay.
Minimum Deposit 10/10
The minimum amount you can deposit into your account is $1. Yes, that’s how low it is. Such affordability and flexibility warrants this broker a perfect score.
You can trade via the MetaTrader 4 or 5 platforms and what’s even great is that you can execute your positions on a PC or mobile device since MT platforms support a number of operating systems.
With these options, there’s no question that they earned an excellent score in this category.
The interface is not that much customizable because MetaTrader only allows basic design tweaks.
Even the mobile version is also the same as the standard MT4/5 design:
Tradable Assets 8.4/10
Over 170 assets are currently accessible on the JustForex platform. It’s not that much if you compare it with eToro or Plus500 but the good news is that you’ll still find the top favorites like the major FX pairs, precious metals and the hottest stocks like Apple and Meta.
Minimum Lot Size 10/10
As a trader, you need to fully understand why lot sizes can directly affect your risks.
Avoiding the risks is an essential part of trading which is why you need to consider the lot size that is best for your capital and how loss you can bear.
Micro lots are the smallest tradable lot size that are usually available to most brokers and the good news is that you can also do this with JustForex with a minimum size of 0.01 which is equal to 1,000 units.
Here’s how it goes:
If you only have a small capital, then micro lots can be an advantage as this will put you at ease while trading since you’re not risking a huge amount from your funds.
Pro and Raw Spread accounts offer the tightest spreads. For Raw Spreads, it can go for as low as 0 pip..
Quotes Accuracy 10/10
We haven’t seen any issues with the prices that were shown on the platform. The figures are similar to the ones from the actual markets so it goes to show that there are no price manipulations or lags.
Withdrawal Time 10/10
A withdrawal request with this broker can get processed in just 1 or 2 hours. That’s very fast if you compare it with most brokerages that usually take a few days to accomplish the same thing.
Customer Support 8.9/10
There are plenty of channels for getting in touch with the Justforex support team.
24/7 availability is only applicable for agents who are speaking in English. For Malaysian and Indonesian clients, it’s not 24/7 but their availability are still way longer than the regular customer service hours.
We found a number of good comments online about JustForex. Here are some of them:
Regulation and License 10/10
JustForex is registered by the Financial Services Authority in the jurisdiction of St. Vincent and the Grenadines.
So is Justforex a reliable broker? Definitely, yes.
It has all the important features to look for in a brokerage firm. It has a stable platform, good selection of tradable assets, fast withdrawals and a support team that you can count on.
If your looking for a brokerage that can match the quality and service of other known brands then Justforex is a good option.