Justforex Review, Forex Broker&Trading Markets, Legit or a Scam-WikiFX Score:4
This free feature will give you ample time to get used to the platform as well as test out your skill without having to put any of your real funds at risk. The company has launched a new hot 120% deposit bonus for up to $40,000. They offer several options for trading on the МetaTrader 4/5 platforms which come with everything that you will, such as custom indicators, scripts and expert advisers. FP Markets has developed a proud reputation as a Forex broker. In Australia, the company operates under an Australian Financial Services Licence and has received the ‘Best Forex Broker Australia’ award.
We work deliberately to create the most transparent and convenient trading conditions for every customer and partner. We have been recognized as the best broker in Asia within The Ultimate Best Brokers & B2B Fintech Awards 2022, showing that our team is on the right track. We always listen carefully to every feedback we get to ensure that our services and developments https://limefx.biz/ help clients achieve their trading goals in the most efficient way. JustMarkets is the new brand of the trusted Justforex broker that continues to provide top-notch LimeFX and financial services worldwide. The main advantage for me is that this broker cashes out very fast. You don’t have to wait for several days or even weeks, like with other brokers.
- They offer different types of accounts for various preferences and attractive trading conditions that can definitely help in achieving better results.
- Traders may choose between the basic version of the MT4 or MT5 trading platforms.
- It simply means that if you want to have an app, it’s a possibility.
- It only means that JustForex is a suspected fraud company.
- JustMarkets’s accounts were assessed to compare the costs to those of other Forex brokers.
- Justforex trading instruments include over 80 forex currency pairs, CFDs, indexes, futures, gold, silver, oil, bitcoin and other cryptocurrencies for your personal LimeFX and trading options.
The trading conditions are pretty standard, and I also wanna point out that the execution is fast. I trade with this company for nearly a year, and I like them better that those I worked with before (I think I won’t name them, but they are quite popular too). I like the ECN conditions, fast performance, fast withdrawals via electronic payment systems . I also can note that support answers my questions in a few minutes. I don’t withdraw too large sums, that’s why I never had issues with withdrawals described by traders on forums. If you have traded with JustForex and believe you have been scammed by them you have a chance to get your money back.
Our verdict on JustMarkets
So, the successes are encouraging for me at the moment, I continue trading here. The “quality” of trading incentives plays a significant role in the modern trading world, and when it comes to our Justforex opinion – bonuses and rewards are getting the lowest number of points. In other words, this broker does not provide clients with promotions and rewards that could satisfy an average investor, and their two bonus options are not enough for us to give them a thumbs up. No deposit bonus, or so-called “Test Drive Welcome Bonus” is one of the options, and the other one is called “Double Benefit Bonus,” and it behaves as a standard 100% deposit bonus. Trading costs are a little higher than average across all three of the Standard Accounts – most good brokers’ entry-level accounts have a trading cost of 9 USD per lot of EUR/USD traded.
- Withdrawals are free but may take one to two hours to reflect.
- Logging in to access the account is very straightforward and doesn’t involve any complicated processes or requirements.
- That means it’s not bound to follow international rules for forex trading.
- As a result, JustForex was banned in Spain by the local regulatory body CNMV.
The broker agrees to implement the procedure for withdrawing money from the deposit within a period not exceeding 2 banking days from the application date. If the client refines the account using the method by which withdrawal is not possible, the funds are withdrawn to his/her bank account. In this case, it is necessary to establish the identity of this account owner. JustForex offers brokerage services taking into account the diversity of cultures, nations, trading experience and the wishes of its clients.
The promotions may be as high as 200%, but traders should read the terms and conditions before confirming their bonus. Another advantageous feature we found during this JustForex review is the bonuses offered to clients which may vary, but can often provide a solid incentive to try out the service. Swap rates on leveraged overnight positions apply, and corporate actions such as dividends, mergers, and splits, impact equity and index CFDs.
For ease of reading, we have grouped the MT4/MT5 accounts together, as the trading conditions are similar. Some of the most overlooked trading costs are the non-trading fees that are charged by brokers. These fees can significantly affect your profitability and so should be carefully scrutinised.
JF Limited deposit and withdrawal
There’s an executable program for PCs, a web-based version and mobile applications for iOS and Android-powered devices. And what’s interesting about these platforms is that you’ll be able to access it on various devices. Choose the supported deposit method that you’d like to use. You simply need to enter the necessary details via a secured page and wait for the funds to be transferred into your account. The only difference is that you’ll be using virtual funds to do these practice trades. Yes, Justforex has a mobile app for iPad, Android, and iPhone.
There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. I complained today coz they went against my trade which we took same time with my brother using fxm and me just forex that’s when I realized what I’m dealing with….. Is not a secure Forex broker since it does not hold a license from any worldwide serious Forex authority. It goes against our guidelines to offer incentives for reviews.
By using this site you agree to our Terms of Service. Pro-rata basis commensurate to the size of each deposit. Their educational events such as seminars and training gatherings are also worth going to if you want to get valuable trading knowledge and experience.
Founded in 2012, JustMarkets is a multi-asset broker we cannot recommend. Our main concern is that JustMarkets’ regulatory oversight is weak compared to other similar brokers. We have also received multiple reports of traders being unable to withdraw their funds, so we urge traders to proceed cautiously.
- They offer several options for trading on the МetaTrader 4/5 platforms which come with everything that you will, such as custom indicators, scripts and expert advisers.
- The “quality” of trading incentives plays a significant role in the modern trading world, and when it comes to our Justforex opinion – bonuses and rewards are getting the lowest number of points.
- Either that or someone who’s down on their luck might resort to desperate measures to earn a bit of extra cash.
- They cheated me of $150 and I could not reach the account again.
- Of course, you can first “test the waters” with the help of a demo account, which does not have a time limit.
For Just Forex Standard accounts, the minimum spread is 1 pip for EURUSD, 1.5 pips for USDJPY, 1 pip for GBPUSD, 2.5 pips for Gold, and 3.2 pips for Silver. The minimum spread for the Just Forex Pro account is 0.6 pips for the EURUSD, 1 pips for the USDJPY, 0.7 pips for the GBPUSD, 2.2 pips for the XAUUSD, and 2 pips for the XAGUSD. The minimum spreads for the Raw Spread Accounts start from 0 pips for EURUSD, USDJPY, and GBPUSD, 1.6 pips for XAUUSD, and 1 pips for XAGUSD. No commission is charged for trading on Standard and Pro accounts, while the commission for Raw Spread accounts is 3 units of base currency per lot. Justforex provides access to its website from smartphones.
Trading with leverage can wipe your account even faster. It has all the important features to look for in a brokerage firm. It has a stable platform, good selection of tradable assets, fast withdrawals limefx scammers and a support team that you can count on. Justforex was established in 2012 as a brand of IPC Trade Inc., and this means that the broker house has a relatively long-lasting presence in the business.
Types of accounts
Hugo’s Way provides superior trading conditions backing into the Award-Winning MetaTrader 4 platform. LimeFX is an international broker with over 10 years of experience in financial markets. Since 2008, the company has been awarded more than 50 prestigious professional awards. The number of accounts opened in LimeFX by clients from almost 190 countries has exceeded 1,500,000 as of today. JustForex, a retail Forex broker that operates out of St. Vincent and the Grenadines, focuses on retail traders from emerging markets. It uses generous promotions to attract new clients; in fact, the broker claims that a new client opens an account every eight seconds.
Although JustMarkets is unregulated, it states that all Anti-Money Laundering rules and regulations are followed. Deposits can only be made using a bank account or card registered in the trader’s name, and no third-party deposits are allowed. limefx forex broker Withdrawals must be made to the same account or method that the funds originated. According to its website, JustMarkets segregates all funds from the company’s operating capital and offers negative balance protection to all its clients.
The broker maintains headquarters in Belize, it is regulated by IFSC and provides full client bank account segregation. JustForex offer a good 24/7 customer service via email, live chat, phone, and call-back. Along with positive feedback, there are also negative ones. Some negative comments are related to the money withdrawal process. Some users complain about mismatch of the declared deadlines with real ones. For example, several clients indicate that withdrawal process took them one and a half or two weeks instead of the specified 3 days.
Avoiding the risks is an essential part of trading which is why you need to consider the lot size that is best for your capital and how loss you can bear. As a trader, you need to fully understand why lot sizes can directly affect your risks. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. To complete the subscription process, please click the link in the email we just sent you. JustMarkets’s in-house team of analysts provides updates of the various market events.
JustMarkets offers an account management service to its clients which allows account managers to trade on their behalf. Multi-Account Manager is the software that allows fund managers, money managers, and portfolio managers to manage multiple trading accounts at the same time with the use of one trading account. JustMarkets offers support for the MetaTrader 4 and MetaTrader 5 platforms.