These apps ensure that traders can monitor markets and execute trades on the go. Just2Trade offers trading services through Forex and CFD Standard, Forex ECN, and MT5 Global accounts. These accounts have variable spreads from 0.0 pips and trading commissions from $2 per lot. Our experience shows that once verified, the funds will be returned to your account instantly in the case of e-wallets and within 5 days if you choose bank wire. Just2Trade processes withdrawals within 24 hours of the request being made.
On the downside, our research has revealed that swap-free accounts are not available. The broker is also a member of the Investor Compensation Fund, which protects clients with compensation of up to €20,000 in the case of an unresolved dispute with the brokerage. Lime Trading (CY) Ltd – the owner of Just2Trade – is regulated by CySEC and subject to oversight from the European Securities and Markets Authority (ESMA). The company is also a member of the Investor Compensation Fund (ICF), which provides compensation to eligible clients if the firm is unable to meet its obligations.
The Forex ECN account offers ultra-tight spreads from 0.0 pips, although a low commission of up to $3 applies. Again, this fares well with many firms that charge a commission of $3.50+ on their ECN solutions. In addition, professional traders can benefit from a bonus of up to £2,000 when topping up funds in their accounts.
Still, it adds that it does not accept clients from countries or “territories where such distribution would be contrary to local law or regulation.” Account verification is mandatory as Just2Trade complies with AML/KYC requirements. Most traders will satisfy this by sending a copy of their government-issued ID and one proof of residency document. During my review, just2Trade neither offered bonuses nor promotions; a quality partnership program exists. Don’t get me wrong – the registration was definitely not “difficult”, in any sense of the word.
The broker can also restrict account access if it believes security has been breached. Virtual accounts are excellent for beginner investors, as well as more experienced clients looking to test a new trading strategy. Credit card withdrawals usually take 5-10 minutes, though some other withdrawal methods can take up to three days. Minimum withdrawal amounts also apply to certain processing methods. Importantly, these times and minimum requirements are in line with most of the industry.
Just2Trade futures and futures options review
Just2Trade is an established Europeanonline discount broker offering its services to clients in more than 130countries since 2016. I like that Just2Trade offers eight trading platforms, which ensures traders and investors get one suitable for their preferred strategy. The choice of trading services is also excellent, offering clients four competitive methods for portfolio management. 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.
MetaTrader 5 (MT
- This type of derivative allows traders to go long or short on currencies.
- The Islamic account complies with Sharia law by eliminating interest charges, making it suitable for Muslim traders.
- Built for both novice and seasoned traders, the broker offers an impressive suite of account types, ensuring a flexible and rewarding trading environment for its customers.
The broker excels in providing competitive pricing, diverse platform options, and solid security measures that satisfy regulatory requirements. When comparing alternatives, users highlight several key differentiators. On pricing, Just2Trade consistently ranks favorably against full-service brokers but faces stronger competition from other discount brokers for lower-volume traders. Retirement account options cover traditional, Roth, rollover, and SEP IRAs. There are no inactivity fees and spreads on the commission-free Standard account start from 0.5 pips. Let’s compare the fee policy with other brokers to better understand the difference.
It is useful if you don’t have the time or knowledge to make your own trades, though there is no guarantee you will make money. J2T Copy is also available with a low minimum investment of $100, making it accessible to beginners. This copy trading tool allows traders to choose an investment manager to manage their funds and make investments on their behalf.
How To Make An Investment With MetaTrader 5
In this review of Just2Trade, we’ll discuss the broker’s safety policies and regulations, trading platforms, account types, trading fees, and more. In addition, we’ll guide you through account opening step-by-step. When it comes to funding methods for new trading accounts, the choices vary depending on which platform a new user wants to trade on. While users on the J2TX platform can only fund their accounts with Ethereum bought via Visa or MasterCard, forex and CFD traders with the broker have more options available. Among these are all the traditional payment methods such as bank transfer, major credit and debit cards, and e-wallet services like Skrill, Neteller, WebMoney, Qiwi, and many others.
Inactivity Fee
These can only be traded on the broker’s proprietary trading platforms where Just2Trade Pro charges $2.50 per trade but are commission-free on the Just2Trade lite platform. The core trading environment is solid, except for above-average trading fees, which I rate as the primary reason I cannot recommend this broker despite numerous bright spots. Clients at Just2Trade may engage in IPO investing, a service I like, as it offers clients a chance to participate in high-risk, high-reward investments. API trading is available for demanding traders with custom algorithmic trading solutions.
- The ROX platform is available for a minimum deposit of USD 3,000, and all trades made here are for the actual securities (no CFDs), and thus comes with a commission on all trades.
- However, like any financial undertaking, the choice of a broker should be rooted in meticulous research and informed judgment.
- The Forex ECN account is a good option for active forex traders looking for the tightest spreads and access to popular currency pairs.
- The rest of this review will explore theofferings, accounts, and trading conditions available from Just2Trade ingreater detail.
- Like stocks, these too can be traded on both their proprietary and third-party trading securities trading platforms.
Trading Hours
ForexBrokersOnline.com is committed to helping traders find the right forex broker for their specific requirements. They have mobile-optimized charts, multiple order types and facilitate one-click trading. There is a blog, an index of financial terms and a collection of research notes (both a subscription and a historical library). Also, similar to the copy trading service, there is no guarantee you will make a profit.
Just2Trade doesn’t charge withdrawal fees, prioritizing smooth and straightforward financial transactions. LightspeedTrader – Lightspeed Trader is designed forprofessional traders who prioritize real-time market data, low latencyexecution, and advanced order types. You can also access this new York-based broker’s customer support team by contacting them directly via their different social media handles, email or through the toll-free number on the website.
There is currently an MT5 Global special promotion on Just2Trade that offers discounted commissions on futures from £0.50 per contract (compared to the standard $1.50 per contract). This broker was established in 2007 and now operates in 130 countries with over 155,000 clients. Its registered address is in Limassol, Cyprus but with offices around the world in Europe and Asia, this is a global broker. Just2Trade has also won multiple awards, including the worldfinance.com award for Best Customer Service 2022. I took a chance on Just2Trade after a friend recommended them (so far I’m glad I did).
The results from our assessment show that Just2Trade is a good forex broker. Dozens of currency pairs are available with below-average fees, high-quality order executions and access to two leading platforms – MT4 and MT5. The research notes are quite useful for forex trading, but there are no videos, webinars or guides to support beginners. Ultimately, the educational resources are nowhere near as extensive just2trade review as competitors like Pepperstone. With this in mind, Just2Trade isn’t the best forex broker for new traders in our view.