JustForex Review

MIN. DEPOSIT $1
Up to 2,000:1
Up to 100% BONUS
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JustForex
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Overview

Company Information JustForex is a new brand in the global financial industry. It was founded in 2012, but its online services to the broad audience began in early 2013. JustForex… more

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Details

BrokerJustForex
Website URLhttps://justforex.com/
Founded2012
HeadquartersBelmopan, Belize
Support Number +371 67 881045
Support Emailsupport@justforex.com
Support TypesPhone, Live Chat, E-mail, Call Back
LanguagesEnglish, Russian, Spanish, French, Indonesian, Malay, Chinese, Urdu
Minimum 1st Deposit$1
Minimum Trade Amount0.01 lots
BonusUp to 100%
PayoutUp to 2,000:1
Free Demo AccountYes
Regulated Yes
RegulationBelize International Financial Services Commission
Account TypesClassic, NDD, ECN
Deposit MethodsVisa, MasterCard, Perfect Money, ePayments, DixiPay, Webmoney, Fasapay, China UnionPay, JustForex Prepaid Card, Qiwi, , OkPay, Western Union, Yandex Dengi, Unichange.me, Forex Online, Ecurrencyzone, Zenith Income, Skrill, Neteller
Withdrawal MethodsVisa, MasterCard, Perfect Money, ePayments, DixiPay, Webmoney, Fasapay, China UnionPay, JustForex Prepaid Card, Qiwi, , OkPay, Western Union, Yandex Dengi, Unichange.me, Forex Online, Ecurrencyzone, Zenith Income, Skrill, Neteller
Types of AssetsForex, Precious Metals
Account CurrencyUSD, INR, MYR, SGD, EUR, GHS, NGH, RUB, IDR, CNY
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes

Full Review

Company Information

JustForex is a new brand in the global financial industry. It was founded in 2012, but its online services to the broad audience began in early 2013. JustForex is owned by IPCTrade Inc. – a company made by professionals in the branch. As a trustworthy broker, Just Forex is regulated effectively by the BIFSC (Belize International Financial Services Commission) with a license number IFSC/60/241/TS/15. The company employs two interesting business models at the same time. According to its representatives, JustForex acts as both dealer and broker. In fact, the clients have the choice to pick their desired relationship with the company by registering with the right account. Apart of this, there are many other opportunities presented by the financial institution. Beginners are well supported with a whole section of various materials to aid them in the first trading steps. Also, JustForex has an entirely designed partnership program with many benefits for the participants. The team of experts behind the brand ensures further development of the brokerage services, as well as many other innovative projects and ideas coming up for every dedicated customer. Unfortunately for the US citizens, they are not allowed to trade with the broker.

 

Trading Information

JustForex provides a large selection of financial instruments and markets freely available on almost every account type. Clients can trade with numerous Forex pairs (more than 60), commodities, CFDs and stocks. Spreads on currencies start from 0.8 pips (on EUR/USD), and the maximum leverage can go extremely high – up to 1:2000. As we’ve mentioned above, JustForex offers two different ways of trading for their customers – NDD and ECN. The No Dealing Desk (NDD) approach is surely the most popular one in the industry and involves fixed spread on each financial instrument. However, the ECN method applies commission to each trade as the spread is variable and sometimes even equal to 0. Traders who prefer to use scalping strategies, expert advisors, hedging or other tactics are free to do so. The company also supports mobile and automated trading, as well as pending orders, trailing stops and many other excellent features. The minimum position is set to 0.01 lot.

 

Trading Platforms

Traders will be happy to learn that JustForex offers the best trading platform out there and namely MetaTrader 4. The traditional software is developed by the leading financial tech company MetaQuotes, and it’s an undoubtedly top choice for many traders worldwide. MT4 is equipped with tons of tools, indicators, and helpful features. The interface is intuitive and easy to work with. The trading platform is available for desktop computers. However, mobile users can also benefit from this excellent software as the platform is perfectly adapted for iPhones and Android devices. The related apps can be quickly downloaded from the broker’s website.

 

Also, JustForex provides an alternative way of trading through a web-based platform called JustForex WebTrader. It can be accessed from almost any browser without the need of installation at all. It’s a perfect solution for trading on the go. Although the platform is not as good as MT4, it still has all the necessary features for the smooth trading process.

 

Security and Customer Services

Security with JustForex is tight, and the broker employs various protective measures when it comes adequate client’s’ protection. First of all, all the user data is encoded with top SSL encryption fully certified by Comodo CA Ltd. The broker uses a multilevel system of servers with additional protective measures, firewall, and backup. JustForex also follows some of the best practices to guard the customers against unpleasant situations. There is an excellent protection from negative balance, which ensures that losses from sharp market moves are easily avoided.

 

The customer support service is also extremely well organized. As most small brokers do, JustForex is dedicated to helping clients, and almost every single case is handled with great care. There are various languages available on both the website and the customer services department. JustForex employs the usual contact methods – live chat, email, phone, callback service and web-based form.

 

Deposits and Withdraws

The online broker has numerous payment methods listed on their website. There are more than 20 different transaction options available for clients from various countries worldwide. Most deposits ways include no charges, and they are handled instantly. However, some methods may involve a certain percentage as a processing fee and have increased waiting time. For example, bank wire transfers can take up to 5 business days. The minimum funds required stay in the range of $1 to $100 and the maximum can go up $50 000. Withdraws have very similar requirements with a slight difference – almost all transaction options have an extra charge applied.

 

Deposit Bonuses and Loyalty Program

It’s finally the time to review the sweetest part of all – the promotions offered by JustForex. At the moment, there are just two of them. The Hot Deposit Bonus is an excellent way to get some extra cash on your account. Every deposit above $100 gets 100% additional funding from the broker. Of course, rollover requirements apply as well. To unlock the bonus money for withdrawal, the client should trade a total volume of lots equal to the bonus amount divided by 4 (for Classic accounts) or 3 (for NDD profiles). The deposit bonus unlocks progressively.

 

The second lucrative offer is called Lucky Friday, and it’s, in fact, a tournament. Every user with a Demo account can participate and win a portion of the total cash prize. First place get 50%, second – 30% and third – 20%. The competition starts every Friday at 12:00 (GMT +3) and lasts 4 hours. The total prize pool is determined by the number of participants.

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