$50 JustForex Bonus ➡️ (3 JustForex Discount codes + Sign-up bonus) November 2024 UK

The most redeemed JustForex discount codes

JustForex offers its clients the choice of several basic types of accounts to meet the needs of investors of all experience levels and preferences. All account types offer variable spreads and micro-tradable lots, however, the amounts of the spreads vary, as do the levels of leverage. The tighter spreads, of course, are delivered to the ECN account, where a fee is applied, while the other two account types are free of fees.

In 2017, the broker also launched a Cent account with leverage of up to 1: 2000 and an average spread of 2 pips.

In addition, non-swap (Islamic) services are available for all types of accounts at the request of clients who are unwilling to earn interest for religious reasons. There are some restrictions to open Islamic accounts with this broker: only investors living in a country where the official religion is Islam can transfer their accounts to the group without an exchange.

Also, unlike most Of the brokers, who offer demo accounts for a certain period of time, JustForex offers free practice accounts with no time limits.

Regulation

JustForex is an offshore broker offering trading on a wide range of currencies and precious metal pairs on the renowned MetaTrader 4. This is a registered trademark of IPCTrade Inc, which operates on the basis of the International Brokerage License, issued by the Commission Belize International Financial Services (IFSC).

IFSC has very liberal control over currency brokers. Requires brokers to maintain at least $ 100,000 in net tangible assets, keep client funds in segregated accounts, and report monthly to ISFC. Unlike FCA and other EU regulators, regulated companies are not required to detail individual transactions, nor are they tied to any compensation system.

Simply put, when considering trading with Belize-regulated brokerage houses, investors should be aware that they will receive very limited regulatory protection and oversight.

We should note that despite the above JustForex is currently one of the most popular brokers in Asia and is one of the few brokers offering negative balance protection. This means that when a negative balance occurs due to market volatility, it will be set to zero.

Minimum deposit

There is no minimum deposit on any account with this broker. However, to place an order, you must deposit at least $ 0.5 for Classic accounts or $ 2 for the other two. These are symbolically low amounts, as most brokers require at least $ 100- $ 300 from investors as a start. In comparison, another offshore broker, ForexBrokerInc, requires a minimum of $ 100 from its clients for all types of accounts.

Spreads / Commissions

This broker offers floating spreads, which vary by account type: those in the Standard account type have an average of 1.3 pips for EUR / USD, which is the average; and the ECN spreads are very tight, on average 0.4 + $ 2.5 per 1 lot, which means that the trading costs on the ECN account are around 0.9 pips, which is a very good deal, especially considering that the ECN account is accessible for only $ 2.

In comparison, FX Choice, another registered broker in Belize, offers average variable spreads of 1.2 pips for its commission-free accounts and ECN spreads with an average of 0.5 pips for the EUR / USD pair, which implies a commission of $ 3.50 per lot. For more information, you can check and compare real-time spreads for 15 top brokers here.

Maximum leverage

Maximum leverage rates at JustForex are one of the highest in the forex industry, reaching 1: 3000. By comparison, SVG-based OctaFX and ForexBrokerInc offer leverage of up to 1: 500. Here you can see more forex brokers offering leverage equal to or greater than 1: 500.

However, investors should be aware of the risks associated with margin trading: higher levels of leverage can lead to losses, even higher than initial investments. That is why many jurisdictions set leverage limitations, which are considerably smaller, for example 1:50 in the United States and Turkey.

Trading platforms

JustForex offers its services on the most popular platform among investors: MetaTrader 4. MT4 is available like a desktop version, mobile apps, and a web-based version.

This professional and comprehensive software provides investors with everything they need: rapid order execution, a variety of technical indicators, an advanced linear dashboard package, and the ability to develop and use Expert Advisors (EA). There are many different time periods to choose from and you can place a trade with a single click or within a chart.

In 2016, the broker presented trading forecasts, recommendations and analysis of Trading Central, available to clients who have made at least one deposit in their accounts. Investors with an account balance greater than $ 100 are also entitled to access the TC Technical Analysis indicator from the Operations Center. Trading recommendations and analysis will appear directly in the PivotChart window, where users can select the time period on their MT4.

Furthermore, JustForex provides trading signals through MQL5. All you have to do is create an MQL5 account, choose a successful signal provider, and copy your orders.

Quality

We closely follow the latest trends to improve and expand our merchant and partner services. Our goal is to provide you with the opportunity to explore your favorite activity without external distractions.

Professionalism

The basis of our success is the team of professionals with solid financial knowledge and many years of experience. Our team is always ready to help clients and organize the best working environment for them.

Reliability

Our clients only receive quotes from the world's largest banks. Your personal and financial information is safe from third party interception. All clients are fully protected from the negative balance in their accounts.

Our mission

We strive to provide high-quality brokerage services so you can easily find everything you need in one place.