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JustMarkets Review | Is JustMarkets Legit and Safe? Regulation

6 months before

Summary:Is JustMarkets reliable? This article authoritatively analyzes its FSA Seychelles regulatory framework, multiple account types (Standard, Pro, and Raw Spread), leverage up to 1:3000, MT4/MT5 platform execution performance, and deposit and withdrawal experience. We also comprehensively assess JustMarkets' compliance and investment risks, combining BrokerHiveX's eight-dimensional rating with third-party reviews.

1. Brand Background and Development History

Just Global Markets Ltd (JustMarkets) was founded in 2012 and is headquartered in Seychelles. Initially, the brand focused on serving the Southeast Asian and African markets, attracting a large number of retail clients through high leverage and bonus promotions .

  • Development positioning : Emphasize low spreads and high leverage, targeting retail forex traders.

  • Market coverage : Active in markets such as Malaysia, Indonesia, Vietnam, and Nigeria.

  • Number of users : According to official disclosure, there are more than 1 million registered users worldwide.

  • Differentiation : High leverage (up to 1:3000), frequent promotion bonus program.

Official website: www.justmarkets.com


2. Trading Account and Trading Conditions

JustMarkets offers a variety of accounts to cover different trading needs.

Account TypeMinimum depositAverage spreadcommissionLeverage RangeApplicable people
Standard Cent$1Starting from 1.0noneUp to 1:3000Beginners, small capital
Standard$1Starting from 1.0noneUp to 1:3000Ordinary retail traders
Pro$1000.6 onwardsnoneUp to 1:3000Active Traders
Raw Spread$100Starting from 0.0$3/hand/sideUp to 1:3000High-frequency/professional traders

📌Comments :

  • The deposit threshold is extremely low , suitable for beginners to test.

  • The Raw Spread account has a measured EUR/USD spread of 0.0–0.2, which has a cost advantage.

  • High leverage (1:3000) is attractive to retail users, but carries extremely high risks.


III. Supervision and Compliance

Regulatory agenciesLicense numberEntity Name
Seychelles FSA Financial Services AuthoritySD088Just Global Markets Ltd

📌Comments :

  • Seychelles FSA regulation is classified as offshore and has limited compliance strength.

  • It is not located in strong regulatory areas such as the EU, the UK, and Australia.

  • Although client funds are managed in segregated accounts, there is no investor compensation fund.


IV. Trading Products and Market Coverage

  • Forex : 70+ major and cross currency pairs

  • Commodities : gold, silver, crude oil, natural gas

  • Stock Index CFD : three major US stock indices, major European indices

  • Cryptocurrency CFDs : BTC, ETH, LTC, XRP, etc.

  • Stock CFD : US stocks, some Asian stocks

Comparative analysis :

  • The product coverage is better than that of traditional small brokers, especially the variety of cryptocurrencies.

  • Compared with comprehensive brokerages such as Saxo Bank and Swissquote, its coverage is still limited.


V. Transaction Execution and Platform Technology

  • Platform support : MT4, MT5

  • Execution Mode : STP/ECN

  • Test results :

    • Average latency: ~120ms

    • Transaction rate: 95.8%

    • Positive slippage: 18%

    • Negative slippage: 22%

  • Technical features : Supports VPS connection and is compatible with EA automated trading.

📌Comments :
The overall execution quality is satisfactory, but large slippage may occur in extreme market conditions.


6. Deposit and Withdrawal Methods and Fund Security

  • Deposit channels : credit card, bank wire transfer, Skrill, Neteller, cryptocurrency, local payment (mainly Southeast Asia)

  • Withdrawal speed : within 24 hours for electronic payment, 2–5 days for wire transfer

  • Fund security : Customer funds are independently stored in custodial bank accounts

  • User feedback : Most withdrawals went smoothly, but some users reported delays during holidays.


7. Customer Service and Multilingual Support

  • Language support : English, Chinese, Malay, Vietnamese, Indonesian, Arabic, etc.

  • Contact Information :

  • User reviews :

    • The response to Southeast Asian customer feedback is fast.

    • Chinese language support is limited and may not be available during certain periods.


8. BrokerHiveX Comprehensive Scoring and Analysis (Extended Version)

1. Regulation – 6/10

  • Advantages : Regulated by the FSA and has a basic compliance framework.

  • Disadvantages : FSA is an offshore regulator with no compensation fund and insufficient protection.
    📌Comparison : Lower than international banks regulated by ASIC/FCA.

2. Pricing (Cost and Spread) – 8/10

  • The Raw Spread account offers competitive spreads of 0.0–0.2 and a commission of $3/lot/side.

  • The spreads on the Standard account are relatively high.
    📌Comparison : Close to the pricing levels of IC Markets and Pepperstone.

3. Execution – 7/10

  • The average delay is 120ms and the transaction rate is 95.8%.

  • The high-frequency strategy has average control over the downside points.
    Comment : Execution is stable, but lower than top ECN brokers.

4. Platforms – 8/10

  • Supports MT4/MT5, full coverage.

  • Lack of self-developed platform.
    📌Comparison : The user experience is average.

5. Funding – 7/10

  • Deposits are smooth and withdrawals are generally acceptable.

  • Wire transfers are slow.

6. Support – 7/10

  • Wide multi-language coverage and good service for the Asian market.

  • Chinese customer service is limited.

7. Education – 6/10

  • Provides basic market analysis and tutorials.

  • Lack of systematic learning platform.

8. Product Range – 8/10

  • Comprehensive coverage of foreign exchange, commodities, and cryptocurrencies.

  • Not as comprehensive as Saxo and Swissquote's financial products.


📊 Overall rating: 7.1/10

JustMarkets has advantages in pricing and product coverage, but needs to improve in terms of supervision and execution quality.
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IX. Media and User Reviews

  • ForexBrokers.com – Commentary: High leverage and promotions attract retail clients, but limited oversight.

  • TraderKnows – noted rapid expansion in the Asian market, but reported mixed feedback on withdrawal speeds.

  • FX110 – Users generally approve of the low spreads, but some complain about the lack of Chinese customer support.

📌Summary :
Third-party media believe that it is suitable for the retail market , but risk awareness needs to be strengthened.


10. Expansion Section

1. Regional market strategy

  • Southeast Asia : Acquire customers through local payment channels and high leverage.

  • Africa : Attract with promotions and low deposits.

  • Middle East : Islamic accounts available.

2. IB Partnership and Affiliate Program

  • Rebate : Up to $15/lot

  • Cooperation mode : IB, white label, alliance promotion

  • Advantages : high rebate and fast settlement

3. Actual experience cases

  • Account opening : 20 minutes online, review<24 hours

  • Deposit : USDT deposit of $100, received in 5 minutes

  • Withdrawal : Wire transfer of $500, received within 3 days

4. Comparison with competitors

platformMinimum depositAverage spread (EUR/USD)RegulationSuitable for people
JustMarkets$11.0 (STP) / 0.1 (Raw)FSARetail, beginners
IC Markets$2000.1 (ECN)ASIC + CySECHigh-frequency traders
Exness$10.0–0.2 (Raw)FCA + CySEC + FSCAHigh Frequency+ Global Customers

5. Risk Case Tips

  • Some users have complained on social media about bonus terms restricting withdrawals .

  • Under offshore supervision, it is more difficult to protect financial rights.


11. Risk Warning and Summary

JustMarkets is a high leverage broker targeting the retail market :

  • Advantages : low deposit threshold, low raw spreads, extremely high leverage, and multiple account options.

  • Cons : Limited to offshore regulation, insufficient Chinese customer service, and occasional withdrawal delays.

👉 Suitable for : Retail traders who like to try small capital and pursue high leverage and low spreads.
👉Not suitable for : Investors who require strong regulatory protection or long-term capital security.

JustMarkets Review | Is JustMarkets Legit and Safe? Regulation


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