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Do you know what the JustForex minimum deposit is? Here you will find out that at JustForex, you can open a standard cent and standard trading account with a minimum deposit of 1 US dollar. Also, if you want a raw spread or pro account, then the JustForex minimum deposit will be $100.
Moreover, at JustForex, there is no great barrier for new traders who have low minimum deposits. In addition, traders should also know about the minimum deposit methods and other important information about the broker. So, in this article, you will find all the reliable information about JustForex minimum deposit.
About JustForex
In 2012, JustForex came into existence under the regulation of JF Global Limited. Also, JustForex is the brand name of JF Global Limited. JF Global Limited is a licensed company in St. Vincent and the Grenadines. JustForex minimum deposit offers its traders seven different accounts ranging from trading accounts without commission to commission-based accounts.
However, with different account types, you will have access to different markets. Furthermore, ECN trading accounts and Islamic swap-free accounts are also available for traders. It covers over 150 commodity classes and offers stocks, bonds, commodities, forex ECN, and indices.
What is JustForex minimum deposit?
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JustForex requires a minimum deposit amount of $1 for opening a real trading account. At the same time, the minimum deposit amount may vary depending upon the selected account types for the first-time traders. However, the deposit activation process can last up to 72 hours.
JustForex account types
JustForex offers its traders several types of accounts through which they can take advantage of efficient trading conditions. It enables them to trade with the right tools and strategies, leverage their accounts effectively and offer low spreads. Currently, a variety of account types are available at JustForex with various trading conditions.
Therefore, clients can choose the most convenient trading conditions according to their individual needs. Such as, traders on MetaTrader4 can sign up for standard cent, standard pro, or raw spread account for trading. At the same time, traders can choose between standard pro and aw spread accounts in MetaTrader5.
In addition, significant improvements occur in the MT5 platform, such as mobile trading, copy trading, and other related innovative features.
JustForex details at a glance
| Broker’s name | JustForex |
| Headquartered | Belize |
| Year founded | 2012 |
| Regulating authorities | none |
| Countries not allowed to trade | United States |
| Islamic account (swap-free) | Yes |
| Demo account | Yes |
| Institutional accounts | No |
| Managed accounts | No |
| Maximum leverage | 1:3000 |
| Minimum deposit | $1 |
| Platform types | MetaTrader4, MetaTrader5 |
| OS compatibility | Windows, mobile, web, iPhone, iPad, PC, and Mac OS, mobile for Android and IOS. |
| Tradable assets | Forex includes shares, metals, futures, commodities, cryptocurrencies. |
| Customer support languages | English, Portuguese, Spanish, French, Russian, Bahasa Malaysia, Bahasa Indonesia, Japanese, Vietnamese |
| Customer service hrs | 24/5 |
JustForex account features
MT4 Standard Cent account
- Account currency: USD
- Minimum deposit: $1
- Leverage up to : 1:1000
- Commission: None
- Spread from: 0.3
MT4 Standard account
- Account currency: USD,EUR,GBP,JPY,MYR,IDR,THB,VND,KWD,CNY,ZAR
- Minimum deposit : $1
- Leverage up to : 1:3000
- Commission: None
- Spread from: 0.3
MT4 Pro account
- Account currency: USD,EUR,GBP,JPY,MYR,IDR,THB,VND,KWD,CNY,ZAR
- Minimum deposit : $100
- Leverage up to : 1:3000
- Commission: None
- Spread from:0.1
MT4 Raw Spread account
- Account currency: USD,EUR,GBP,JPY,MYR,IDR,THB,VND,KWD,CNY,ZAR
- Minimum deposit : $100
- Leverage up to : 1:3000
- Commission:3 units of the base currency per lot
- Spread from: 0
MT5 Standard account
- Account currency: USD,EUR,GBP,JPY,MYR,IDR,THB,VND,KWD,CNY,ZAR
- Minimum deposit : $1
- Leverage up to : 1:3000
- Commission: None
- Spread from: 0.3
MT5 Pro account
- Account currency: USD,EUR,GBP,JPY,MYR,IDR,THB,VND,KWD,CNY,ZAR
- Minimum deposit : $100
- Leverage up to : 1:3000
- Commission: None
- Spread from:0.3
MT5 Raw spread account
- Account currency: USD,EUR,GBP,JPY,MYR,IDR,THB,VND,KWD,CNY,ZAR
- Minimum deposit : $100
- Leverage up to : 1:3000
- Commission: 3 units of the base currency per lot or side
- Spread from: 0
JustForex Demo account
Traders can perform the following activities with their JustForex demo account:
- Traders with a credit of up to $5000000 can test out the most challenging trading strategies and make their trading style effective.
- Traders can practise their trading skills and trading strategies before participating in real trading without any extra hassle.
- Traders can experience advisors in a dedicated, risk-free environment and learn how efficient experts are in the trading market.
- JustForex offers a variety of trading instruments, so the customers at JustForex can choose and utilise more than 80 trading instruments which they can use with their demo accounts.
JustForex Islamic account
Trading accounts with JustForex are automatically converted into a swap-free version Islamic account by emailing JustForex to open an Islamic account. Additionally, for traders who sign up for a live account and indicate their religious belief, the account with JustForex will automatically swap-free. However, the spread for each account are as follows:
- 0 pips for raw spread account.
- 3 pips for the standard account.
- 1 pips for the pro account.
Whereas Islamic accounts are specifically designed for Muslim career traders who strictly adhere to Sharia law. The Sharia law prohibits its followers from paying any interest, including overnight fees, which are seen as exploitative and wasteful.
JustForex minimum deposit trading platforms
JustForex provides its users with the internationally acclaimed MetaTrader4 and MetaTrader5 trading platforms. Also, MetaTrader mobile trading application for iOS and Android. Moreover, traders can also access social trading services and forex VPS through the MetaTrader platform.
Additionally, users of the MetaTrader platform can also access various educational content, articles, videos, and market analysis. Also, several promotions and bonuses are available for both advanced traders and beginners, along with free to free deposit methods.
JustForex pros and cons
Pros
- There are no extra charges on an Islamic bank.
- It requires low trading fees.
- JustForex offers an Islamic account.
- It has low deposit fees.
- It offers high leverage.
- It has a relatively low minimum deposit for opening a trading account.
- JustForex offers a variety of trading or financial instruments.
- The MetaTrader platform is available for trading at JustForex.
Cons
- It has numerous withdrawal fees.
- There is no signup bonus available for the traders.
- JustForex does not have efficient regulation.
Bottom line
JustForex is a broker that facilitates the trading of financial instruments under the authorisation of FSA. Moreover, it is the responsibility of the JustForex as a regulated broker, it should keep the deposits of clients separate from their broker’s account. So now you know about the minimum deposit amount at JustForex to open a trading account.
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