$30 JustMarkets Promo Code ➡️ (6 JustMarkets Bonus Code Referral)

The most redeemed JustMarkets discount codes

The Forex Market: A Brief Overview

The forex market, also known as the foreign exchange market, is the largest financial market in the world. It involves the buying and selling of currencies from around the world with the aim of making a profit. The forex market operates 24 hours a day, five days a week and has an average daily turnover of .3 trillion.

The forex market is decentralized, meaning there is no centralized exchange where all trades take place. Instead, trading takes place through electronic communication networks (ECNs) or over-the-counter (OTC) markets.

The Role of Forex Brokers

Forex brokers play a crucial role in the forex market by providing traders with access to it. They act as intermediaries between traders and liquidity providers, such as banks, by connecting buyers and sellers in the market. Forex brokers offer trading platforms through which traders can execute their trades.

These platforms often include charting software and other tools that help traders make informed decisions about their trades. Forex brokers also provide leverage to traders, allowing them to enter positions larger than their account balance would allow.

Introducing JustMarkets Forex Broker

JustMarkets is a leading forex broker that has been serving clients since 2014. The company's mission is to provide clients with reliable access to global financial markets through innovative trading technologies and exceptional customer service.

JustMarkets offers a range of trading platforms for its clients, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are available for desktop and mobile devices.

Clients of JustMarkets can open different account types depending on their needs and trading preferences. The accounts available include Standard Accounts, ECN Accounts, VIP Accounts & Islamic Accounts.

Each type of account offers different spreads starting from just 0.0 pips and different commission. In the next section, we will take a deeper look into the history and background of JustMarkets.

Company Background

History of JustMarkets

JustMarkets is a forex broker that was established in 2017 by a team of experienced financial professionals. The company was founded with the aim of providing traders with a reliable and transparent trading experience. Since its inception, JustMarkets has grown rapidly and now serves clients from all over the world.

Overview of Company Values and Mission Statement

JustMarkets prides itself on being an innovative and client-focused broker that is committed to providing traders with the best possible trading experience. The company's mission statement is 'to empower traders by providing them with access to the world's financial markets through cutting-edge technology, superior customer service, and transparent pricing.'

At JustMarkets, transparency is a key value. The company believes that clients should be able to trust their broker completely and have complete confidence in their trading activities.

As such, JustMarkets provides clients with access to real-time market data, as well as detailed information on pricing. Another important value at JustMarkets is customer service.

The company believes that every trader deserves individual attention and support when they need it. To this end, it offers 24/5 customer support via phone, email, and live chat.

Information on Regulatory Bodies Overseeing JustMarkets

JustMarkets operates under strict regulatory frameworks set forth by several international regulatory bodies to ensure that it maintains transparency in its operations and offers fair trading conditions for its clients. The European Securities Markets Authority (ESMA) regulates JustMarket's products offered across the European Union (EU), while UK markets are regulated by Financial Conduct Authority (FCA).

Furthermore, Australian Securities and Investment Commission (ASIC) ensures compliance for all accounts registered under Australian residents or citizens. Justmarkets has established itself as a reliable forex broker due to their commitment to transparency and using cutting-edge technology.

They continue to grow rapidly, providing clients access to real-time market data, transparent pricing, and VIP customer service. Moreover, their adherence to the regulatory framework ensures their operation is trustworthy and compliant with international standards.

Trading Platforms and Tools

JustMarkets offers its clients a range of trading platforms that cater to different trading styles and preferences, including the popular MetaTrader 4 (MT4) and 5 (MT5) platforms. The MT4 platform is known for its user-friendly interface and powerful charting features, while the MT5 platform offers more advanced trading tools such as additional technical indicators, economic calendars, and a built-in news feed.

Both platforms are available for desktop, web, and mobile devices. In addition to these two primary platforms, JustMarkets also provides clients with access to other specialized platforms depending on their needs.

For example:

• Sirix: this is a web-based social trading platform that enables traders to copy the trades of experienced traders from around the world.

• NinjaTrader: this is a popular platform among futures traders due to its advanced charting capabilities.

• ZuluTrade: this is another social trading platform that allows users to follow and copy trades from other successful traders.

In terms of trading tools, clients can access a variety of free indicators on both the MT4 and MT5 platforms. These include standard tools such as moving averages, RSI, MACD, Bollinger Bands, etc. JustMarkets also provides more advanced technical analysis tools such as Autochartist which scans markets 24/7 looking for trade opportunities based on specific technical criteria or patterns identified in price movements. The broker also offers Economic Calendars so that you can stay up-to-date with important market events like interest rate decisions or political announcements that can impact market volatility your trades in real-time

Account Types and Fees

The Different Account Types Available at JustMarkets

JustMarkets offers a variety of account types to meet the needs of traders at all levels. The Standard account type requires a minimum deposit of $250 and offers leverage up to 1:500.

This is the most popular account type for beginners and experienced traders alike, as it provides access to a broad range of Forex trading instruments, including currency pairs, CFDs, commodities, indices, and stocks. The Pro account type requires a minimum deposit of $50,000 and offers leverage up to 1:200.

This account type is designed for advanced traders who require more advanced features such as personalized support from an account manager, tighter spreads than available on the standard account, priority customer service response times and access to premium news feeds. The VIP Account requires a minimum deposit of $100K and offers leverage up to 1:100.

It was created for high net worth individuals with specific trading goals in mind. It comes with exclusive benefits such as access to unique trading products that aren't available through other accounts or brokerages.

Fees Associated with Each Account Type

JustMarkets charges spreads and commissions on all trades placed through its platform regardless of your choice of trading instrument or asset class. Spreads vary depending on which currency pair or asset you are trading; however JustMarkets' average spread for majors varies from 0-0.7 pips during normal market conditions. For example - On the Standard account type you will be charged an average spread ranging between 0-0.9pips while Pro accounts offer tighter spreads starting from 0 pips (excluding commission).

Commission fees vary depending on the specific product being traded but generally range between $5-$10 per lot size traded. Additionally there are some fees associated with deposits/withdrawals.

For deposits, JustMarkets does not charge any fees, but fees charged by the payment provider may apply. For withdrawals, a fee of $25 is charged for bank transfers while e-wallet withdrawals are generally free and instant.

Final Thoughts

JustMarkets offers a variety of account types to cater to the needs of traders at all skill levels, from beginners to experts. Their Standard account has low entry requirements and features flexible leverage options allowing for higher returns when trading forex as well as quick access to forex market analysis via its user-friendly trading platform.

Pro accounts offer tighter spreads than Standard accounts along with personalized support from an account manager and priority customer service response times. The VIP account provides exclusive benefits such as access to unique trading products that aren't available through other brokerages or account types.

The commission fees are reasonable compared to other online brokers in this space. All things considered, JustMarkets fees on their various accounts are competitive with industry standards and should not deter any trader serious about achieving success in Forex trading.

Educational Resources

JustMarkets forex broker offers a plethora of educational resources to its clients, which makes it stand out from the rest of the brokers in the market. Clients can access these resources free of charge and can benefit greatly from them. The resources include webinars, tutorials, and market analysis reports.

Webinars

JustMarkets forex broker hosts regular webinars on various trading topics. These webinars are conducted by industry experts who provide valuable insights and strategies that traders can implement in their own trades. The webinars cover fundamental and technical analysis, risk management, trading psychology, and much more.

The best part about JustMarkets' webinars is that they are interactive - clients can ask questions to the experts during the webinar or even interact with other attendees. This creates a sense of community among traders who share similar interests and goals.

Tutorials

JustMarkets forex broker provides an extensive library of tutorials for traders at all levels - from beginner to advanced. The tutorials cover various topics such as platform navigation, order types, charting software, technical indicators, and much more.

These tutorials are designed to educate clients on how to use JustMarkets' trading tools effectively so that they can make informed trading decisions. They are also a great resource for those who want to learn new trading strategies or brush up on their existing skills.

Market Analysis Reports

JustMarkets forex broker offers daily market analysis reports that provide clients with an overview of what's happening in the forex market. These reports cover major currency pairs as well as other financial markets such as stocks and commodities. The reports include fundamental analysis which covers economic events affecting the markets while technical analysis focuses on price action patterns in charts that may indicate potential entry/exit points for traders.

How these Resources Benefit Traders at all Levels

The educational resources offered by JustMarkets forex broker are designed to benefit traders at all levels. Beginner traders can learn the basics of forex trading and develop a solid foundation upon which they can build their skills.

Advanced traders can learn new trading strategies or hone their existing ones. Moreover, the resources provided by JustMarkets help clients make informed trading decisions.

This results in greater profitability and better risk management, which is important when dealing with financial markets. JustMarkets' commitment to providing educational resources to its clients is commendable.

Clients have access to a wealth of information that is essential for success in the forex market. Whether you're a beginner or an experienced trader, JustMarkets has something for everyone.

Customer Support

The Many Ways to Reach JustMarkets Customer Support

Accessing customer support is effortless with JustMarkets. The broker offers several communication channels to ensure customers can get in touch with a representative quickly. Clients can choose between phone support, email support, and live chat.

For those who prefer a more direct and traditional approach, phone support is available during business hours. JustMarkets has an international toll-free number for clients around the world.

There are also local numbers available in select countries, making it easy for clients to reach the broker directly without incurring long-distance charges. Alternatively, clients can reach out via email if they have non-urgent inquiries or concerns.

The company's support team responds promptly via email and provides detailed answers to any questions clients may have. Last but not least, live chat is available 24/5 on the JustMarkets website.

This feature allows clients to communicate with a company representative in real-time without having to navigate away from the platform. The live chat feature makes it possible for traders to get their questions answered fast.

Quality of JustMarket's Customer Support Staff

JustMarkets' customer service staff is incredibly knowledgeable about forex trading rules and regulations, as well as all aspects of account management and trading platforms. They are friendly, patient, and responsive when dealing with client inquiries.

The customer service representatives are also multilingual speakers who cater to the needs of international clients from different parts of the world seamlessly. They understand cultural differences which enable them to provide an optimal customer experience regardless of where their customers are based.

When contacting customer service at JustMarkets through any channel- whether by phone or email- you'll find that they take all measures necessary steps to help you understand your issue comprehensively so that it gets resolved quickly. JustMarket's dedication towards educating its customers and their prompt and efficient customer support service has made them a reliable and trustworthy forex broker that cares about its clients.

Security Measures

The Importance of Security Measures

When it comes to forex trading, security is of paramount importance. JustMarkets understands this and takes several measures to ensure that their clients' information and funds are protected at all times. With the rise of cybercrime, it is more important than ever for brokers to take steps to prevent unauthorized access.

Measures Taken by JustMarkets

JustMarkets uses advanced encryption technology to protect client information and funds. All data is encrypted using 256-bit SSL encryption, which is the same level of protection used by major financial institutions.

Additionally, multiple layers of security are in place to prevent unauthorized access. JustMarkets also complies with regulatory requirements in order to provide a safe trading environment for their clients.

They adhere to strict Know Your Customer (KYC) policies and regularly monitor accounts for suspicious activity. These measures help prevent money laundering and other financial crimes.

Discussion: How Effective Are These Measures?

While no security system can completely eliminate the risk of data breaches or other security threats, JustMarkets has taken significant steps towards ensuring that their clients' information and funds are protected at all times. Their use of advanced encryption technology and strict compliance with regulatory requirements make them a trusted broker in the industry.

However, it is important for traders to also take steps to protect themselves while trading online. This includes using strong passwords, enabling two-factor authentication wherever possible, and being cautious when opening emails or clicking on links from unknown sources.