The JustMarkets minimum deposit varies, as this is a broker that offers its clients various account types; each with differing requirements.
The minimum deposit JustMarkets for cent accounts remains the same regardless of the Country you register from at just $1, but you will probably want to deposit at least a little more than that in order to be able to trade with some level of trading plan.
JustMarkets is regulated by FSA (Seychelles) and CySEC (European) and does not support users from USA, or Australia for example. As an online forex broker, JustMarkets seems to have most of their user base coming from South Africa, and South East Asia, but the European arm of this broker is now growing at a pace.
JustMarkets Minimum Deposit By Account Types Breakdown
Standard Cent Account
Standard – $1
Pro – $100
Raw Spread – $100
MT5 Standard – $1
MT5 Raw Spread/Pro – $100
The JustMarkets 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.
JustMarkets 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 JustMarkets 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 JustMarkets of just $1. This is the same for both the MT4 and MT5 versions of these accounts.
JustMarkets 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 JustMarkets has something to offer to keep your risk to a minimum.
JustMarkets Restricted Countries
If you try to access JustMarkets from restricted Countries you will see the below message. If that is the case for you and would like to see some JustMarkets alternatives, you can jump to this section below.
As a result of the geographic restrictions in certain areas, we have decided to focus this guide on the JustMarkets minimum deposit Malaysia, Indonesia, the Philippines, South Africa, and Nigeria traders will encounter.
JustMarkets Withdrawals
JustMarkets 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 JustMarkets 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 JustMarkets 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.
Deposit methods
JustMarkets 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 JustMarkets 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 JustMarkets, 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.
JustMarkets MT4 Trading Platform Review In Brief
The JustMarkets 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, JustMarkets MT4 or MT5 makes it simple for traders of all skill levels to start trading and managing their portfolios.
You can operate your JustMarkets 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 JustMarkets 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
JustMarkets Instruments To Trade
JustMarkets 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 JustMarkets, you will find all of the major currency pairs, as well as some more exotic pairs. The leverage that JustMarkets 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
- Cryptocurrencies
- Precious metals (gold, silver)
- Energies (oil, gas)
- Indices
- Stocks
JustMarkets Spreads Remain Competitive
JustMarkets is a popular broker in Asia that offers competitive spreads on a wide range of trading instruments.
The JustMarkets spreads can vary depending on market conditions, but generally start at just 1 pip for major currency pairs. Additionally, JustMarkets also has low all around trading fees, making it an attractive option for traders who are looking to minimize their trading costs.
JustMarkets Deposit Bonus
The broker offers a $30 free welcome bonus for new users to JustMarkets Malaysia, but also to other Countries including Philippines to start trading with no deposit.
There is an additional 120% deposit bonus that is added made available to each of Malaysia, South Africa, and JustMarkets Indonesia traders real deposits. This bonus has been made unlimited in nature, meaning the more you put in, the more you receive as a reward. Whilst you should not use as a reason to overtrade, taking advantage of this deposit bonus can really help get your account balance boosted for your trading plan.
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.
JustMarkets Alternatives
If you were looking to trade with JustMarkets 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