Is JustMarkets a Trustworthy Broker? Can You Really Trust It?
When it comes to choosing a forex broker, trust is everything. A reliable broker ensures that your funds are secure, transactions are transparent, and your trading experience is fair. In this article, we will explore whether JustMarkets (formerly known as JustForex) deserves your trust. We will look at its regulation, trading conditions, security measures, and feedback from traders worldwide — especially from South Africa.
1. Company Background and Regulation
One of the first signs of a trustworthy broker is proper regulation. JustMarkets is an international forex and CFD broker that operates under several entities:
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FSCA (Financial Sector Conduct Authority) in South Africa – FSP No. 51114
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FSA Seychelles – License No. SD088
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FSC Mauritius – Global Business License No. GB21026376
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CySEC (for certain regions) – License No. 401/21
Being regulated by multiple authorities, especially the FSCA in South Africa, means the broker must comply with strict financial and operational standards. This includes segregating client funds, maintaining minimum capital requirements, and submitting to regular audits.
2. Security of Funds and Trading Environment
A trustworthy broker must protect client money and data. JustMarkets uses:
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Segregated accounts – Client funds are kept separate from company operational funds.
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SSL encryption – All data transmitted through its platforms is encrypted to prevent hacking.
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Negative balance protection – Traders cannot lose more than their account balance.
These measures add an extra layer of safety for traders, especially during high market volatility.
3. Trading Conditions and Platforms
JustMarkets offers competitive trading conditions, which is another sign of a reliable broker:
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Platforms: MT4 and MT5 (desktop, web, and mobile versions)
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Spreads: From 0.0 pips on Raw Spread accounts
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Leverage: Up to 1:3000 (varies by region and account type)
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Minimum deposit: From $1 for Standard Cent accounts
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Instruments: Forex, commodities, indices, cryptocurrencies, shares
A transparent fee structure and no hidden charges (excluding normal market spread/commission) help build trader confidence.
4. Deposit and Withdrawal Process
One of the quickest ways to lose trust in a broker is slow or problematic withdrawals. JustMarkets supports multiple payment methods:
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Bank transfer
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Visa/Mastercard
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Local payment systems (including EFT for South Africa)
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E-wallets (Skrill, Neteller, etc.)
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Crypto payments
Withdrawals are generally processed within 1–2 business days, with many e-wallet transactions completed in just a few hours. Importantly, JustMarkets does not charge internal withdrawal fees.
5. User Feedback and Reputation
While no broker is perfect, most reviews of JustMarkets highlight:
Positive points:
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Fast execution speeds
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Low spreads and flexible leverage
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Easy account opening and funding
Negative points:
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Limited product range compared to some global brokers
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No proprietary trading platform (only MT4/MT5)
Overall, the broker maintains a generally positive reputation, especially in emerging markets like South Africa, Malaysia, and Kenya.
6. Final Verdict – Can You Trust JustMarkets?
Based on its regulation by multiple authorities, strong security measures, transparent trading conditions, and mostly positive client feedback, JustMarkets appears to be a trustworthy broker for many traders.
However, as with any investment decision, you should:
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Start with a small deposit
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Test the withdrawal process
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Understand the trading conditions that apply in your region
If these steps meet your expectations, you can trade with more confidence.