JustForex Review: Is JustForex a reliable Forex broker?

JustForex Review: Is JustForex a reliable Forex broker?

 

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. It is a company made by professionals and expert traders in the trading industry.

As a trustworthy broker, Just Forex is regulated by the Belize International Financial Services Commission (BIFSC). The company employs two attractive business models at the same time. According to its representatives, JustForex acts as both dealer and broker. Clients can perform transactions by registering with the right account. 

Aside from the usual functions of a typical Forex broker, there are many other opportunities presented by this financial institution. Beginners are given due support through a whole section of various materials to aid them in their first trading steps. JustForex has an entirely designed partnership program with many benefits for the participants. The team of experts behind the brand ensures the further development of the brokerage services as well as many other innovative projects and ideas coming up for every dedicated customer. Unfortunately, citizens from the United States are not allowed to trade with Just Forex.

JustForex Review: Is JustForex a reliable Forex broker?

JustForex’s Trading Terms

JustForex provides a large selection of financial instruments and markets freely available on almost every account type. Clients can trade with more than sixty Forex pairs, 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). 

JustForex offers two different ways of trading for their customers, the NDD and the ECN. The No Dealing Desk (NDD) approach is undoubtedly the most popular one in the industry and it involves fixed spread on each financial instrument. However, the Electronic Communication Network (ECN) method applies a commission to each trade as the spread is variable and sometimes even equal to zero. 

This broker allows traders to use scalping tactics, expert advisors, hedging, and other trading strategies. The company also supports mobile trading and automated trading as well as pending orders, trailing stops, and many other excellent features. The minimum position for JustForex is set to 0.01 lot. 

MetaTrader 4 Trading Platform

JustForex offers the best trading platform, MetaTrader 4. This traditional software is developed by the leading financial tech company, MetaQuotes and is the top choice for many traders worldwide. MT4 is equipped with tons of tools, indicators, and helpful features. The interface is intuitive and user-friendly. The trading platform is available for desktop computers. However, mobile users can also benefit from this excellent software as the platform is available for Apple and Android devices. Some related apps can be quickly downloaded from the broker’s website.

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 for installation. It is the perfect solution for traders who are always on the go. Although the platform is not as good as MT4, it still has all the necessary features for a smooth trading process.

JustForex Review: Is JustForex a reliable Forex broker?

Deposits and Withdrawals

This online broker has numerous payment methods listed on its website. There are more than twenty different transaction options available for clients from various countries worldwide. Most deposit methods include no charges and they are processed instantly. However, some methods may involve a certain percentage as a processing fee and an extended waiting time. In JustForex, bank wire transfers can take up to five business days. The minimum deposit required by this broker is just $1 and can be maximized by up to $50,000. Withdrawals have very similar requirements with a slight difference. Almost all withdrawals options in any transaction have an extra charge applied.

Final Word

JustForex is a well-known Forex broker that provides high-quality brokerage services since 2012. The company has come a long way to prove its reliability and competitiveness. Today, it has become one of the leading brokers in Asia and continues to expand its resources. 

JustForex is officially registered and it is a licensed broker. Traders can be sure that their money is safe because this broker uses segregated accounts for funds. That means that the clients’ money and the company’s funds are stored in different bank accounts. JustForex has great spreads, costs, leverage, and security which makes it a reliable Forex broker.




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