JustMarkets Trading
Introduction to JustMarkets in South Africa
JustMarkets has established itself as a prominent forex and CFD broker serving traders across South Africa. The company operates with multiple regulatory licenses and provides trading services to over 2 million traders worldwide. In South Africa, traders can access global financial markets through various modern trading platforms and benefit from competitive trading conditions.
Regulatory Framework
- Multiple international licenses including CySEC and FSA
- Strict compliance with AML and KYC policies
- Regular audits and risk assessments
- Client funds protection measures
Trading Platforms Available
JustMarkets provides South African traders with access to multiple trading platforms designed for different trading styles and preferences. The primary platforms include MetaTrader 4 (MT4) and MetaTrader 5 (MT5), available in both web-based and mobile versions. Each platform offers specific features and capabilities suited to different trading strategies.
The proprietary JustMarkets Trading App complements these offerings with additional functionalities specifically designed for mobile users. This comprehensive platform selection ensures traders can access markets from any device at any time.
Platform Comparison
Feature | MT4 | MT5 | JustMarkets App |
Timeframes | 9 | 21 | Multiple |
Order Types | 4 | 6 | Standard |
Technical Indicators | 30 | 38 | Basic |
Economic Calendar | No | Yes | Yes |
Account Types and Trading Conditions
JustMarkets offers three main account types tailored to different trading needs and experience levels. Each account type provides specific trading conditions and features designed to accommodate various trading strategies.
The account structure ensures that traders can choose conditions that best match their trading style and capital requirements.
Account Features
Account Type | Min Deposit | Spread From | Commission |
Standard | $10 | 0.3 pips | No |
Pro | $100 | 0.1 pips | No |
Raw Spread | $100 | 0.0 pips | $3 per lot |
Available Trading Instruments
South African traders can access a diverse range of trading instruments through JustMarkets. The selection includes major and minor currency pairs, commodities, indices, stocks, and cryptocurrencies. This variety allows traders to diversify their portfolios across different asset classes.
The instrument selection is regularly updated to include new trading opportunities while maintaining competitive trading conditions across all asset classes.
Trading Hours
- Forex: 24/5 trading
- Commodities: Based on underlying market hours
- Indices: According to respective exchange hours
- Stocks: During exchange trading hours
- Crypto: 24/7 trading available
Deposit and Withdrawal Methods
JustMarkets processes financial transactions through various payment methods available to South African clients. The company maintains strict security protocols for all financial operations while ensuring quick processing times for both deposits and withdrawals.
Transaction processing typically occurs within 3 hours during weekdays, with some methods offering instant processing.
Payment Options
- Bank transfers
- Credit/debit cards
- Electronic payment systems
- Local payment solutions
Security Measures and Fund Protection
JustMarkets implements comprehensive security measures to protect client funds and personal information. The broker maintains segregated client accounts and employs advanced encryption technologies for all data transmission.
Security protocols are regularly updated to maintain the highest standards of protection for client assets and information.
Security Features
- SSL encryption
- Two-factor authentication
- Segregated client accounts
- Regular security audits
- Negative balance protection
Customer Support Services
JustMarkets provides comprehensive customer support services to South African traders through multiple channels. The support team operates 24/7, offering assistance in multiple languages to ensure effective communication with all clients. Support specialists are trained to handle both technical and account-related inquiries.
Support Channels
- 24/7 Live Chat
- Email Support
- WhatsApp Communication
- Phone Support
- Educational Resources
Account Management Features
JustMarkets provides comprehensive account management tools for South African traders. These tools allow clients to monitor their trading activities, manage funds, and access detailed trading history. The interface is designed for intuitive navigation and efficient account administration.
All account management features are accessible through both web and mobile platforms, ensuring consistent access to account functions.
Here's a table with JustMarkets reviews:
Reviewer | Location | Rating | Date | Key Points from Review |
Karim Ismail | MY | 5/5 | Oct 28, 2024 | – Positive experience with support agent Tom- Appreciative of help received |
KIFAYAT KHAN | PK | 1/5 | Oct 28, 2024 | – Account wiped due to high spreads at night- Warns others about broker- Claims broker is a scammer |
Naoufel El Hajja | TN | 5/5 | Oct 28, 2024 | – Well-regulated broker (CYSEC – FSA)- Low spreads- Fast execution- Quick deposits/withdrawals- Good customer support- Wide range of instruments |
Iswan PMD | BN | 1/5 | Oct 27, 2024 | – Complaints ignored- Difficult to contact- Only bot chat, no live support- Slow email responses |
Ahmed Raza | PK | 1/5 | Oct 20, 2024 | – Deposit processing issues- Claims deposits over 3k were cancelled- Calls broker a scam- Case under review |
Frequently Asked Questions
The minimum deposit starts at $10 for a Standard account. Pro and Raw Spread accounts require a minimum deposit of $100.
Withdrawals are typically processed within 3 hours during weekdays. The actual receipt time may vary depending on the payment method used.
South African traders can access MetaTrader 4, MetaTrader 5, and the proprietary JustMarkets Trading App. All platforms are available in both web-based and mobile versions.