MT4 remains the industry leader with 25,000+ custom indicators, plugins, and EAs, but the quality upgrades are not free. Traders should always use appropriate risk management with leveraged trading just2trade forex broker to avoid magnified trading losses. Negative balance protection exists for certain account types at this broker, meaning traders with the right account types can never lose more than their deposits.
- It is very common for traders to open a Demo account before depositing money into a real account.
- In addition, customer support agents are available 24/7 in case you have any questions.
- The rest of this review will go into greater
detail regarding the offerings, accounts, and conditions available from
Just2Trade.
Each of these apps can be downloaded for free from the Apple App and Google Play Stores. With a fee structure that will be attractive to high-volume traders and regulation by the ESMA, Just2Trade provides a top-end, competitive investing service. New traders can also get started with a low minimum deposit of $100. Just2Trade offers customer service on a 24/7 basis, better
than what you’ll find at most other brokers. Customer service can be contacted
via an online chat function, through email, or via telephone. Lightspeed Trader – Delivers a
robust trading system to professional traders that demand highly established
market data with ultra-low latency and performance.
Just2Trade has a wide range of markets to invest in, including various securities and derivatives. Traders placing a high volume of positions will also find the fees very reasonable. While it is disappointing to see the company isn’t regulated by the FCA, the CySEC is still a trusted financial agency and its license is a promising sign that Just2Trade is legit. Lime Trading (CY) Ltd – the owner of Just2Trade – is regulated by CySEC and subject to oversight from the European Securities and Markets Authority (ESMA).
Pros and Cons
Traders will be spoiled for
choice, and it’s unlikely there will be any asset desired that’s not already
offered. The Standard account
offers forex, precious metals, and stocks/indices/energies as CFDs. The Forex
ECN account offers forex, precious metals, and indices/energies as CFDs. Just2Trade offers a wide range of instruments for trading, including bonds, CFDs on stocks, cryptocurrencies, Forex, futures, metals, options, and stocks.
Just2Trade clients now have access to US stock options.
It should be mentioned that during the registration process, we experienced technical issues. Which is why the registration process gets a low rating from us. Still, it adds that it does not accept clients from countries or “territories where such distribution would be contrary to local law or regulation.” Maintaining an account with Just2Trade is not burdened by additional account maintenance fees, enhancing overall affordability.
Review
Trading fees are low and there’s a variety of trading platforms to choose from. Just2Trade is regulated in Cyprus, offering more than 30,000 instruments for trading. There’s a wide range of account types available, including the full set of MetaTrader platforms and traders get 24/7 online customer support. Just2Trade was founded in 2007 and obtained its CySEC license in 2015.
The Just2Trade demo account has an overly high demo account balance of $100,000, but the registration is refreshingly swift. I did not find a time limit, which suggests that Just2Trade understands the requirements of demo trading. I prefer more customization options to ensure demo trading conditions reflect planned live portfolios. Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders check for regulation and verify it with the regulator by checking the provided license with their database.
Just2Trade also features in-house managed investment portfolios, available from a $250 minimum investment and a minimum investment period between three to twelve months. Option traders pay $2.50 in commissions, and futures cost between $0.50 and $1.50. Swap rates are competitive, making Just2Trade well-suited for strategies that last seven to ten trading days. In contrast, the actual trading fees discourage high-frequency trading or scalping.
Just2Trade Review: A Forex broker with numerous tradable instruments
Just2Trade does not levy internal deposit fees; accepted currencies are USD, EUR, RUB, COP, and MXN. Processing times are instant except for bank wires, which take two to three business days. Withdrawal fees and withdrawal processing times depend on the payment processor, which Just2Trade transparently lists on its website and in the back office. Just2Trade provides massive in-house research for registered clients and via well-trusted third-party provider Trading Central. It remains unclear if Just2Trade offers the MT4/MT5 plugin or provides the services via its back office.
In order to start trading with Just2Trade , you have to deposit at least 100 USD. Just2Trade accepts clients from all over the world, excluding USA and some other countries where restrictions apply. Be aware, the company has some trading restrictions because of the European Securities and Markets Authority (ESMA) influence. Deposit times are instant apart from bank transfers, which typically take 2-3 business days.
The most ignored trading costs are swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. Just2Trade positions itself as a viable choice for traders by maintaining competitive and transparent fee structures that align with varied trading needs and profiles. Plus, with a backdrop of regulatory oversight, Just2Trade offers an additional layer of security to its clientele.
Comprehensive Assistance for Traders
The commissions of $2.00 to $3.00 per 1.0 standard round lot are highly competitive, but the spreads make short-term trading styles expensive. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money.
This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.
