JustForex Review ☑️ Unbiased Pros and Cons Revealed (2022)

 

Overall, JustForex can be summarised as a trustworthy broker that offers 0% deposit and withdrawal fees, low spreads, and a sign-up bonus of $30 / ZAR R460  offered to first-time traders.  An account can be opened with a minimum deposit amount of $1 USD / R16 ZAR. Justforex has a trusts score of 95 out of 99.

 

? Broker	? JustForex
? Account Types	6
☪️ Islamic Account	✔️ Yes
? Min. Deposit	$1 USD / R16 ZAR
✅ Trading Indices	11
☑️ Trading Stocks	73+
? Max. Leverage	1:3000
? Spreads	The minimum spread starts from 0
? Min. Lot Size	0.01 lot
➕ Max. Lot Size	100 lots
? Deposit Fee	None
? Withdrawal fee	None
⚙️ MT4	✔️ Yes
? MT5	✔️ Yes
? Open an Account	? Click Here

 

JustForex Review – 21 Key Point Quick Overview

 

1. ✔️ JustForex Overview
2. ✔️ JustForex Safety and Regulation
3. ✔️ JustForex Sign Up Bonus
4. ✔️ JustForex Minimum Deposit
5. ✔️ JustForex Demo Account
6. ✔️ How to Open a JustForex Demo Account – Step by Step Guide
7. ✔️ JustForex Account Types
8. ✔️ How to open a JustForex Account – Step by Step Guide
9. JustForex Islamic Account
10. JustForex Trading Platforms
11. JustForex Fees, Spreads, and Commissions
12. JustForex Margin Requirements and Leverage
13. JustForex Deposit and Withdrawal
14. JustForex Copy Trading
15. JustForex Partnerships
16. JustForex Best Countries by Traders
17. JustForex vs Exness vs XM – a Comparison
18. JustForex Customer Reviews
19. JustForex Pros and Cons
20. Conclusion
21. Frequently Asked Questions

 

 

JustForex Overview

 

JustForex has gained an impressive international reputation.  JustForex offers its clients high-quality services and trading conditions.  JustForex provides unique analytical materials and a large selection of payment methods, financial instruments, tight spreads, no limits on trading strategies, and beneficial partner programs. 

 

 

JustForex Safety and Regulation

 

JustForex is regulated by the Financial Services Authority or FSA.  JustForex is trusted by millions of clients in 197 countries worldwide.  Furthermore,  personal and financial information is safe from interception by third parties and all account holders are fully protected from the negative balances on their accounts.

 

 

JustForex Sign Up Bonus

 

JustForex does offer a Sign-up Bonus of $30 USD / R460 ZAR upon opening a new JustForex live trading account.

 

How to get a JustForex Sign Up Bonus – Step by Step

 

1. Step 1:  Register

 

Simply start the process by registering for a JustForex live trading account which in turn will grant access to the “back office”.

 

 

2. Step 2:  Open a JustForex Welcome Account

 

Once a welcome account has been opened, $30 USD / R460 ZAR will be available to the account holder.  In order to open an account, the applicant will need to provide a phone number.

 

 

3. Step 3:  Start Trading

 

The account holder must trade at least 5 lots within a 30-day period. The profit or loss of a transaction must be at least 6 pips (60 points).

 

 

4. Step 4:  Transfer Profit

 

The account holder can now transfer their profit from the welcome account to their Standard Cent, Standard, Pro, or Raw Spread account

 

JustForex Minimum Deposit

 

The minimum deposit amount required to register a live trading account ranges from $1 USD / R16 ZAR to $100 USD / R1600 ZAR, depending on account choice.

 

? Account	? Min Deposit
? Standard	$1 USD / R16 ZAR
? Pro	$100 USD / R1600 ZAR
? Raw Spread	$100 USD / R1600 ZAR
✅ Standard Cent	$1 USD / R16 ZAR
? Open an Account	? Click Here

 

 

JustForex Demo Account

 

JustForex Demo accounts are designed to teach Forex trading. The Demo Accounts are similar to real accounts as the user will trade using the same terminal, see the actual situation in the market, and get real quotes. However, this will all be done through the use of virtual money. No deposit is needed and the environment is risk-free.

 

 

How to Open a JustForex Demo Account – Step by Step Guide

 

Firstly, the applicant will need to register in order to gain access to the “Back Office”.

 

 

After the registration process has been completed, the applicant will be automatically redirected to the Back Office, where they can open their first account.  In the “Account Operations” menu, click “My accounts.”

 

 

1. Step 1:  Open New Account

 

The applicant must make sure they are on the “Demo” page in the “Trading account” section before clicking “Open New Account”

 

 

2. Step 2:  Select an Account

 

Here, the applicant will be able to select their desired account type on the preferred platform page in the “Open New Account” section and click the “Try Demo” button.

 

 

3. Step 3: Set Up

 

The applicant will now be required to set the account currency, set the leverage, create a password and note the desired account balance.  Once this is done, the applicant can click on the create account button.

 

 

Click here to open a JustForex Demo Account

 

 

 

JustForex Account Types

 

JustForex Accounts – A Comparison

 

? Account	? Standard	? Pro	? Raw Spread	✅ Standard Cent
? Min. Deposit	$1 USD / R16 ZAR	$100 USD / R1600 ZAR	$100 USD / R1600 ZAR	$1 USD / R16 ZAR
? Leverage	1:3000	1:3000	1:3000	1:1000
? Spread from	0.3	0.1	0	0.3
? Commission	No	No	✔️ Yes	No
? Open an Account	? Click Here	? Click Here	? Click Here	? Click Here

 

 

JustForex Standard Cent Account

 

JustForex Standard Account

 

The JustForex Standard account is the most popular account choice amongst clients. The Standard account includes a basic set of tools, tight spreads starting from 0.3 pips, and no commissions. A JustForex Standard account can be opened with a minimum deposit of $1 USD / R16 ZAR.

 

 

JustForex Pro Account

 

 

 

JustForex Raw Spread Account

 

 

 

How to open a JustForex Account – Step by Step Guide

 

1. Step 1: Register

 

Firstly, the applicant will need to register in order to gain access to the “Back Office”.

 

 

After the registration process has been completed, the applicant will be automatically redirected to the Back Office, where they can open their first account.

 

2. Step 2:  My Accounts

 

In the “Account Operations” menu, click “My accounts.”

 

 

3. Step 3:  Open New Account

 

On the “Live” page in the “Trading account” section, click “Open New Account.”

 

 

4. Step 4:  Personal Details

 

The applicant will be required to fill in all the fields in the “Provide personal details” section. Note – This step is only for the clients who have not filled out this information before. If the applicant has already provided the required personal details, go to the next step.

 

 

5. Step 5: Account Selection

 

Here, the applicant will be able to select the desired account type on the preferred platform page in the “Open New Account” section and click “Open Real Account.

 

 

6. Step 6: Finalize

 

Once this step has been completed, the applicant will be able to set the base currency, define the leverage and set a main password.  The next and final step is simply to click on Create account.

 

 

JustForex Islamic Account

 

JustForex does offer an Islamic, Swap-Free Forex trading account to representatives of the Islamic Faith.  The Standard Cent, Standard, Pro, and Raw Spread accounts can be converted to a swap-free option through the assistance of the JustForex Support team.

 

 

JustForex Trading Platforms

 

A currency trading platform is a software interface that is provided by JustForex to its clients to give them access as traders in the forex markets.   With JustForex, traders will have a large variety available to choose from.

 

MetaTrader 5 for PC

 

⚙️ Instruments	Stocks
	Indices
	Currency Pairs
☑️ Instant notifications	✔️ Yes
✅ One Click Trading	✔️ Yes
? Pending Order Types	6
⌛ Timeframes	21
? Graphic Objects	44
? Technical indicators	38
? Strategy Tester	✔️ Yes

 

 

MetaTrader 5 for Android

 

✅ Real Quotes	✔️ Yes
? Trade Orders	Full Set
? Trading History	Detailed
? Sound Notification	✔️ Yes
⚙️ Technical Indicators	30
? Analytical Figures	24
⌛ Time Periods	9
? Chart Types	3

 

MT5 for Android can be downloaded on Google Play. To start trading:

 

• Launch the application on an android device.
• Log in to an existing account or open a new one.
• To create a real trading account, please register on the website.
• A demo account can also be opened in the MT5 for Android.
• Choose a server.
• Enter a login (account number) and password.

 

 

MetaTrader 5 for iPhone / iPad

 

✅ Real Quotes	✔️ Yes
? Trade Orders	Full Set
? Trading History	Detailed
? Sound Notification	✔️ Yes
⚙️ Technical Indicators	30
? Analytical Figures	24
⌛ Time Periods	9
? Chart Types	3

 

 

 

 

MetaTrader 4 for PC

 

✅ Instant Execution	✔️ Yes
⌛ Time Frames	9
? Automated Trading	✔️ Yes
☑️ Real Time Data	✔️ Yes
⚙️ Trading Tools	✔️ Yes
? Custom Tools	Indicators
	Expert Advisors
	Market Analysis

 

MetaTrader 4 for Android

 

⌛ Time Frames	9
☑️ Market Execution	✔️ Yes
? Expert Advisors	✔️ Yes
? Trading History	Full
? Interactive Graphs	Real-Time
? Offline Mode	✔️ Yes

 

MT4 for Android can be downloaded on Google Play. To start trading:

 

• Launch the application on an android device.
• Log in to an existing account or open a new one.
• To create a real trading account, please register on the website.
• A demo account can also be opened in the MT4 for Android.
• Choose a server.
• Enter a login (account number) and password.

 

 

MetaTrader 4 for IOS

 

⌛ Time Frames	9
☑️ Market Execution	✔️ Yes
? Expert Advisors	✔️ Yes
? Trading History	Full
? Interactive Graphs	Real-Time
? Offline Mode	✔️ Yes

 

MT4 for iPhone can be downloaded from the App Store. To start trading:

 

• Launch the application on an iPhone / iPad device.
• Log in to an existing account or open a new one.
• To create a real trading account, please register on the website.
• A demo account can also be opened in the MT4 for IOS.
• Choose a server.
• Enter a login (account number) and password.

 

 

MetaTrader 4 and 5 for Web

 

? Universal Support	Yes
⌛ Time Frames	9
? Indicators	30
✅ Graphical Objects	Yes
☑️ One-Click Trading	Yes
? Charts	Customizable
? Instant Execution	Yes
? Market Execution	Yes
? Offline Mode	Yes
? Safety	High-Security

 

 

JustForex Fees, Spreads, and Commissions

 

Trading with JustForex involves fees from $1 USD / R16 ZAR, spreads from 0.01 pips to 0.3 pips, and commission-free trading depending on the account traders select.  Minimum deposit fees start at $1 USD / R16 ZAR.

Here is an overview per account.

 

? Account	? Standard	? Pro	? Raw Spread	✅ Standard Cent
? Min. Deposit	$1 USD / R16 ZAR	$100 USD / R1600 ZAR	$100 USD / R1600 ZAR	$1 USD / R16 ZAR
? Leverage	1:3000	1:3000	1:3000	1:1000
? Spread from	0.3	0.1	0	0.3
? Commission	No	No	✔️ Yes	No
? Open an Account	? Click Here	? Click Here	? Click Here	? Click Here

 

 

JustForex Margin Requirements and Leverage

 

? Account	? Standard Cent	? Standard, Pro & Raw Spread
? Equity – USD	➕ Max Forex Leverage	➕ Max Forex Leverage
0 – 199.99	1:1000	1:3000
200 – 2,999.99	1:1000	1:2000
3,000 – 9,999.99	1:1000	1:1000
10,000 – 39,999.99	1:500	1:500
40,000 – 199,999.99	1:200	1:200
22,000 – ∞	1:100	1:100
? Open an Account	? Click Here	? Click Here

 

JustForex Deposit and Withdrawal

 

JustForex offers its clients a wide range of deposit and withdrawal options with a large selection of currency choices.  Here is an overview of the most popular JustForex Deposit and Withdrawal options available.

 

 

JustForex Deposit Options

 

? Deposit Option	? Currency	? Min. Transaction	☑️ Fee %	⌛ Processing Time
? MasterCard	EUR / USD	$5 USD / R80 ZAR	0	Instant
? Visa	EUR / USD	$5 USD / R80 ZAR	0	Instant
? China Union Pay	USD	$10 USD / R160 ZAR	0	Instant
? Skrill	EUR / USD	$5 USD / R80 ZAR	0	Instant
? Neteller	? EUR / USD / ZAR	$5 USD / R80 ZAR	0	Instant
? Perfect Money	EUR / USD	$5 USD / R80 ZAR	0	Instant
? Bitcoin	BTC	$5 USD / R80 ZAR	0	Instant
? South African EFT	? ZAR	$2 USD / R40 ZAR	0	Instant
? FASA Pay	USD / IDR	$5 USD / R80 ZAR	0	Instant

 

 

JustForex Withdrawal Options

 

? Deposit Option	? Currency	? Min. Transaction	☑️ Fee %	⌛ Processing Time
? MasterCard	EUR / USD	$5 USD / R80 ZAR	0	1–2 hours
? Visa	EUR / USD	$5 USD / R80 ZAR	0	1–2 hours
? Skrill	EUR / USD	$1 USD / R16 ZAR	0	1–2 hours
? Neteller	? EUR / USD / ZAR	$1 USD / R16 ZAR	0	1–2 hours
? Perfect Money	EUR / USD	$1 USD / R16 ZAR	0	1–2 hours
? Bitcoin	BTC	? 0.0015 BTC	? 0 + Blockchain fee	1–2 hours
? South African EFT	? ZAR	$4 USD / R50 ZAR	0	? Up to 3 bank days
? FASA Pay	USD / IDR	? 10,000 IDR 1 USD	0	? Instant

 

 

JustForex Copy Trading

 

Copy Trading is a new addition to the JustForex portfolio.  There are two areas available, Investor and Trader.

 

Copy Trading – Investors

 

Even without a trading experience, you can automatically copy leading traders and benefit from their success

 

 

How to Join as an Investor:

 

• The Applicant must sign up to JustForex and replenish their Investor Wallet via their preferred payment method. The account holder can transfer funds to their Investor Wallet using an internal transfer if they already have money on one of their JustForex accounts.
• The investor can now find Traders they wish to invest in and click “Start copying.” Their trades will be copied automatically.
• The investor can now go to Investor Area and check their gain indicator, edit, or stop the copying process at any time. An investor can copy as many Traders as they would like, and receive a stable income.

 

 

Copy Trading – Traders

 

This is an excellent choice for those who are good at trading. Professional Traders can sign up and let others copy them and make a profit from it. Simply trade as usual and get an additional income.

 

 

How to Join as a Trader:

 

• Create an MT4 account for copy trading or use an existing Standard or Pro MT4 account.
• The traders must set minimum and maximum amounts, commission, and describe a trading strategy to attract valid Investors.
• Trade as usual and benefit.

 

 

JustForex Partnerships

 

 

JustForex Affiliate Programs

 

The JustForex Affiliate Programs have been created for the partners by the partners.  The JustForex Affiliate Programs do not require the partner to have deep knowledge of the Forex market which makes it possible for anyone to join.  To reach the best results, the applicant can choose the program that suits their specific needs the most.  Platforms on offer include:

 

 

Revenue Share

 

The partner will receive profits every time an attracted client makes a trade.  Benefits include:

 

• Up to 65%
• Easy Withdrawal Process
• Exclusive Loyalty Program
• A Personal affiliate Manager
• Automatic Rebates
• A Multi-Level Program
• Lifetime Revenue Share

 

 

CPA

 

The Partners brings a client to JustForex and Profit.  Benefits include:

 

• up to $ 1500
• A dedicated affiliate manager
• High conversion rates
• Transparent reporting stats
• Advanced marketing tools
• Fast payments
• Best CPA

 

 

Introducing Broker (IB)

 

Applicants can earn unlimited commission and build their business as one of JustForex’s introducing brokers. The more engaged a clients’ trading activities are – the more the applicant will earn from the spread.

 

 

IB Rewards Program

 

The goal of the IB Rewards Program is to attract new clients and increase the trading activity of existing ones. By focusing on these two goals, the applicant can multiply their income and receive additional profits every month.

 

 

 

JustForex Best Countries by Traders

 

? Country of Trade	? % of Traders
? Malaysia	32.90
? Indonesia	6.99
? Kenya	6.40
☑️ Mongolia	4.61
☑️ Cote d’Ivoire	4.35

 

 

JustForex vs Exness vs XM – a Comparison

 

? Broker	? JustForex	? Exness	? XM
? Minimum Deposit	$1	$1	$5
➕ Max Leverage	1:3000	1:200	1:500
? Minimum trade	0.0001 Lots	0.01 Lots	0.01 Lots
? Demo Account	Yes	Yes	Yes
☪️ Islamic Account	Yes	Yes	Yes
? Open an Account	? Click Here	? Click Here	? Click Here

 

 

JustForex Customer Reviews

 

Quick!

Quick and efficient. Very friendly. – Naledi

 

 

Great Platform.

Great platform with several withdrawals options.  Have been using JustForex for up to 1 year now, everything is perfect so far with quick support. – Pascal

 

 

Smooth Transaction.

As a trader, my priority on broker preference is only 3 things, deposit, withdrawal, and order execution. So I don’t have any problem with that during my trading under this broker. – Azian

 

 

 

JustForex Current Popularity Trend

According to Google Trends, here is an overview of how frequently the search term “JustForex” is entered into Google’s search engine over a given period of time.

 

 

JustForex Pros and Cons

 

✔️ Pros	❌ Cons
MAM accounts	US clients not accepted
Supports social trading	High Spreads
excellent Education

 

 

Conclusion

 

Overall,  JustForex can be summarised as a trustworthy broker that offers 0% deposit and withdrawal fees, low spreads, and a sign-up bonus of $30 / ZAR R460  offered to first-time traders.  An account can be opened with a minimum deposit amount of $1 USD / R16 ZAR.

 

 

 

You might also like: JustForex Account Types

You might also like: JustForex Demo Account

You might also like: JustForex Fees and Spreads

You might also like: JustForex Islamic Account

You might also like: JustForex Minimum Deposit

You might also like: JustForex Sign up Bonus

 

 

Disclaimer

 

JustForex warns all potential customers that Forex and CFDs trading always carries a high level of risk and may not be suitable for all investors.  Before deciding to trade the products offered by JustForex, potential traders are advised to carefully consider their investment objectives, financial situation, needs, and level of experience before investing money they cannot afford to lose.

JustForex warns that margin trading involves the potential for profit as well as the risk of loss and that movements in the price of foreign exchange and commodities are very unpredictable.

Therefore JustForex cannot guarantee a maximum loss that a trader may suffer.

 

 

Frequently Asked Questions

 

Is JustForex a legit and good broker?

Our review reveals that JustForex is regulated by FSA of Saint Vincent and Grenadines. It is a veteran in the industry and considered a reliable and valuable broker.

 

Does JustForex have Volatility 75 index?

Yes. The spreads on the Volatility 75 index are 1.0

 

Is JustForex an ECN broker?

Yes, the broker offers ECN trading accounts

 

Does JustForex offer any partner programs?

Yes,  receive rewards from their Introducing Broker (IB) program if the clients you introduce to JustForex open an account with them.

 

What trading platforms does JustForex have?

The broker offers the most popular trading platforms:  MetaTrader4 & MetaTrader5.