The JustForex minimum deposit varies, as this is a broker that offers its clients various account types; ach with differing requirements.
The minimum deposit Justforex for micro accounts remains the same regardless of the Country you register from at just $1. That being said, you will probably want to deposit at least a little more than that in order to be able to trade with some level of success.
Justforex is regulated by SVGFSA and does not support users from USA, Europe, or Australia. As an online forex broker, Justforex seems to have most of their user base coming from South Africa, and South East Asia.
If you try to access JustForex from the EU, or other restricted Countries you will see the below message. If that is the case for you and would like to see some Justforex alternatives, you can jump to this section below.
As a result, we will focus this guide on the local Justforex minimum deposit Malaysia, Indonesia, the Philippines, South Africa, and Nigeria traders will encounter. Let us first look at the breakdown by the different account types offered.
Justforex Minimum Deposit By Account Types Breakdown
Micro – $1
Standard – $1
Pro – $100
Raw Spread – $100
MT5 Standard – $1
MT5 Raw Spread/Pro – $100
The Justforex minimum deposit is just $1 for the micro account, but the suggestion is that you deposit at least $100 in order to get started. There is an ongoing topic about the minimum deposit needed for trading, which you can check out for more detail. This essentially revolves around how much you realistically might want to have in your trading account in order to exercise some level of risk management, and minimise overexposure to one single trade.
Justforex offers many different account types, including Standard Cent, Standard, Pro, and Raw Spread; so you can choose the one that best suits your own trading needs.
This is one of the most affordable trading platforms out there from a minimum capital outlay perspective, making it an ideal choice for novice traders, or those that are at the beginning of testing a new trading plan.
Requirements of Minimum Deposit Justforex MT4 & MT5 account versions are identical
The Standard account type has a minimum deposit requirement of $100, while the Micro account type has a minimum deposit with Justforex of just $1. This is the same for both the MT4 and MT5 versions of these accounts.
JustForex offers a variety of account types on MT5, each with the same minimum deposit requirements as the Metatrader 4 suite of accounts. This helps to provide an even playing field to suit the needs of different types of traders.
Whether you’re an experienced trader looking for a low entry to test a new broker, or you’re just starting out and looking for a low minimum deposit JustForex has something to offer to keep your risk to a minimum.
Justforex withdrawals are just as easy as making a deposit. All you need to do is log into your account, go to the “Withdraw” section and choose your preferred withdrawal method.
The minimum withdrawal Justforex allow at just $1, is the same as the minimum deposit. The broker themselves do not charge any fees for withdrawals, but your bank or payment processor may.
Speed of withdrawals in Justforex are estimated to be just 1-2 hours to be processed, in addition to the usual time taken by the actual payment service provider. This is a speedy withdrawal on paper that provides some good flexibility to the trading account.
Justforex offers several methods to deposit funds into your account, including bank wire transfer, credit/debit card, and electronic or digital payment systems. The minimum deposit Justforex set as the amount across each remains $1, and there are no deposit fees which is always nice to see.
If you want to make a deposit with Justforex, there are several convenient options available.
To get started, simply log in to your account and click on the ‘Deposit’ tab. You can then choose from the variety of payment methods supported which included bank transfer, payment cards, and e-payment systems such as Skrill and Neteller.
Justforex MT4 Trading Platform Review In Brief
The Justforex trading platform comes from one of the most popular online trading providers in the industry today, MetaTrader. With its intuitive interface and easy-to-use features, Justforex MT4 or MT5 makes it simple for traders of all skill levels to start trading and managing their portfolios.
You can operate your Justforex trading account with many different base currencies oriented towards the most popular markets of traders. With USD, EUR, GBP, JPY, MYR, IDR, THB, VND, KWD, CNY, ZAR all listed as currency options, you will have plenty of choice to keep your fx transfers down to a minimum.
Some of the key features that make Justforex trading platform interesting for consideration:
- A comprehensive selection of assets to choose from including forex, commodities, stocks, and indices. This lets you diversify your portfolio and gain exposure to a wide range of markets and financial instruments.
- Advanced charting tools and technical analysis indicators to help you make informed trading decisions.
- A user-friendly interface that is easy to navigate, even for first-time users.
- A demo account that lets you practice and test your trading strategies before putting real money on the line
- Competitive spreads
- Flexible Leverage Up To 3000:1
Justforex Instruments To Trade
Justforex offers a range of over 50 different trading instruments, including currency pairs, CFD’s and metals. Gold is a popular choice for many traders as it is seen as a safe haven asset and rather less volatile than other instruments for day trading.
With Justforex, you will find all of the major currency pairs, as well as some more exotic pairs. The leverage that Justforex offers for forex trading is up to 1:3000, which is one of the highest in the industry. This high leverage can be both a good and a bad thing, so be sure to use it wisely.
The CFDs available include those from the below listed categories
- Spot forex
- Precious metals (gold, silver)
- Energies (oil, gas)
Justforex Spreads Remain Competitive
Justforex is a popular broker in Asia that offers competitive spreads on a wide range of trading instruments.
The Justforex spreads can vary depending on market conditions, but generally start at just 1 pip for major currency pairs. Additionally, Justforex also has low all around trading fees, making it an attractive option for traders who are looking to minimize their trading costs.
Justforex Deposit Bonus
The broker offers a $30 free welcome bonus for new users to Justforex Malaysia, but also to other Countries including Philippines to start trading with no deposit.
There is an additional 120% deposit bonus that is added up to $40,000 made available to each of Malaysia, South Africa, and Justforex Indonesia traders real deposits.
All this can help supplement your trading balance with some additional capital to trade with. You will want to keep an eye on the specific terms and conditions for withdrawing the bonus, as you will usually need to trade a specified volume to realise this.
If you were looking to trade with Justforex from one of the unsupported regions, you may be interested in some of the below alternatives:
- List of Top 10 Trading Platforms UK
- Pepperstone are a forex broker with razor spreads, a huge range of supported trading platforms, and multiple Tier 1 regulations across Europe and Australia. A very good option for forex trading.
Go To Pepperstone | Read Full Review
- IQ Option are a CFD broker that offers a huge range of instruments, CySEC regulation, and a low minimum deposit of just $5 to get your account started. This is a broker that supports a very wide range of Countries so you will most likely find a suitable home here.
Go To IQ Option | Read Full Review