Justmarkets Review
JustMarkets (formerly JustForex) offers online forex trading via the user-friendly MetaTrader platforms for desktop, web and mobile devices. You can trade a good selection of currency pairs, including major, minor and exotic crosses. There are managed accounts and social trading for investors and those of you who want to share your strategy with others. I found them to have a quite decent selection of market research and analysis which can help to inspire possible trade ideas. If you are a beginner, you can take advantage of the free educational materials and demo accounts to improve your trading skills and knowledge. Whilst they provide a good range of flexible account types for all types of forex trading strategy, the broker regulation is offshore and thus cannot provide the same protection as some other top-tier regulators can.
As the name suggests, JustMarkets is a forex broker that provides convenient access to trade forex online via intuitive platforms for all of your devices. The broker owned and operated by ‘JF Global Ltd’; a company registered in St. Vincent and the Grenadines. The brand was established in 2012 with a commitment to efficiency, integrity and flexibility. Despite the name, they do not just support forex trading. You will find that they have a reasonable selection of over 170 tradable instruments across different asset classes available to its global clientele.
JustMarkets states that its liquidity comes from 18 of the biggest banks in the world. Prices are aggregated from these liquidity providers and streamed to the clients on the provided trading platforms. As a result, the spreads start from as low as 0.0 pips (although can increase much higher) for the ECN Zero accounts which offer rapid ECN execution speeds from 0.05 seconds. I think this are decent trading conditions which can be suitable for scalping and automated trading systems.
The broker provided you with the excellent MetaTrader platforms; MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for buying and selling instruments with minimal fuss. Multiple account types are available and there is no minimum trading capital required to get started. This means you can try the broker in a live environment with minimal risk. There are also several trading tools provided along with market analysis and copy trading platforms. Aside from all of the positives, regulation could be improved in my opinion.