JustMarkets (formerly JustForex) is a global forex and CFD broker that has been operating since 2012. With a $1 minimum deposit, high leverage options, and competitive spreads, it positions itself as an accessible broker for traders in Asia, Africa, the Middle East, and Latin America. In this review, we analyze whether it delivers on its promises.
Quick Overview
| Founded | 2012 |
| Regulation | CySEC (Cyprus), FSA (Seychelles), FSC (Mauritius) |
| Minimum Deposit | $1 (Standard/Cent) |
| Instruments | 260+ (Forex, Metals, Crypto, Indices, Energies, Stocks) |
| Platforms | MT4, MT5 |
| Maximum Leverage | Up to 1:3000 |
| Spreads | From 0.0 pips (Raw Spread) / 0.3 pips (Standard) |
| Commission | $0 (Standard) / $3/lot (Raw Spread) |
| Swap-Free | Available (Islamic accounts) |
| Deposit Methods | Bank wire, Visa/Mastercard, Skrill, Neteller, Crypto, local payments |
Account Types
| Feature | Standard Cent | Standard | Pro | Raw Spread |
|---|---|---|---|---|
| Min Deposit | $1 | $1 | $100 | $100 |
| Spread | From 0.3 pips | From 0.3 pips | From 0.1 pips | From 0.0 pips |
| Commission | $0 | $0 | $0 | $3/lot/side |
| Leverage | Up to 1:3000 | Up to 1:3000 | Up to 1:3000 | Up to 1:3000 |
| Lot Size | Cent lots | Standard | Standard | Standard |
| Best For | Beginners testing | Everyday trading | Active traders | Scalpers |
Best choice for beginners: The Standard Cent account lets you trade with real money at cent-level risk. Instead of risking $1 per pip on a micro lot, you risk $0.01. Perfect for learning with minimal financial exposure.
Spreads and Fees
JustMarkets offers competitive spreads across all account types. Here are typical spreads during peak hours (London/New York session):
| Pair | Standard | Pro | Raw Spread |
|---|---|---|---|
| EUR/USD | 1.0-1.2 pips | 0.5-0.7 pips | 0.0-0.2 pips + $3 |
| GBP/USD | 1.2-1.5 pips | 0.7-1.0 pips | 0.1-0.4 pips + $3 |
| USD/JPY | 1.0-1.3 pips | 0.4-0.7 pips | 0.0-0.3 pips + $3 |
| XAU/USD | 25-35 cents | 15-25 cents | 10-20 cents + $3 |
What We Like
- $1 minimum deposit: Extremely accessible for beginners and traders in developing markets
- Cent accounts: Rare feature that lets beginners practice with real money at negligible risk
- High leverage (1:3000): Maximum flexibility for experienced traders
- Competitive spreads: Raw Spread accounts rival major ECN brokers
- Multiple deposit methods: Local payment methods available in many countries
- No withdrawal fees: Most withdrawal methods are free
- Swap-free available: Islamic accounts for Muslim traders
- Copy trading: Built-in social trading features
What Could Be Better
- Regulation: CySEC is solid, but the FSA Seychelles license offers less protection than FCA or ASIC. Traders in stricter jurisdictions may prefer a broker with additional Tier-1 regulation.
- Platform: Only MT4 and MT5 available. No proprietary platform or cTrader.
- Research tools: Basic analysis tools compared to brokers like IG or Saxo
- Standard account spreads: While competitive, they are slightly wider than Exness Standard during off-peak hours
Deposits and Withdrawals
| Method | Min Deposit | Processing | Fees |
|---|---|---|---|
| Visa/Mastercard | $1 | Instant | Free |
| Skrill/Neteller | $1 | Instant | Free |
| Crypto (USDT, BTC) | $1 | 1-24 hours | Network fee only |
| Bank Wire | $100 | 1-5 business days | Bank may charge |
| Local Methods | Varies | Instant to 24hrs | Usually free |
JustMarkets vs Exness
| Feature | JustMarkets | Exness |
|---|---|---|
| Min Deposit | $1 | $1 |
| Regulation | CySEC, FSA | FCA, CySEC, FSA |
| EUR/USD Spread | 0.3 pips (Std) | 0.3 pips (Std) |
| Max Leverage | 1:3000 | 1:2000 |
| Cent Account | Yes | No |
| Swap-Free | Yes | Yes |
Our verdict: JustMarkets is an excellent choice for beginners and traders in emerging markets. The $1 minimum and Cent accounts remove financial barriers to entry. The Raw Spread account is genuinely competitive for active traders. For traders who prioritize regulation, Exness (FCA-regulated) may be a better fit. For those who value accessibility, JustMarkets delivers.
Open a JustMarkets Account
Start trading from just $1 with competitive spreads and up to 1:3000 leverage. Cent accounts available for risk-free learning.
Open AccountFrequently Asked Questions
Is JustMarkets a safe broker?
JustMarkets is regulated by CySEC (Cyprus), FSA (Seychelles), and FSC (Mauritius). It offers segregated client funds and negative balance protection. While not Tier-1 regulated, it provides adequate safety for retail traders.
What is the minimum deposit for JustMarkets?
The minimum deposit is $1 for Standard and Standard Cent accounts. Pro and Raw Spread accounts require $100.
Does JustMarkets charge withdrawal fees?
No withdrawal fees on most payment methods. Processing is instant to 24 hours for e-wallets, 1-5 business days for bank transfers.
Compare with other brokers in our best forex brokers guide, or read our Exness review and PuPrime review.