Overall, the available platforms offered by this broker are great and traders of different needs will easily find what they are looking for. Just2Trade offers both investment and market speculation opportunities to its clients. Just2Trade supports various deposit andwithdrawal methods, including wire transfers, credit cards, PayPal, Skrill, andNeteller. Funding is immediate for most methods, with the exception of wiretransfers. Withdrawals typically take 2-3 business days, though Skrill andPayPal may process within the same day, and credit card withdrawals can postwithin 5-10 minutes.
Unique Features
I like how there is no dealing desk intervention as this can prevent there being a conflict of interest as there can be when using a market maker broker. Just2trade is an experienced broker that provides a wide variety of services, products, and trading platforms. Just2Trade offers a larger selection oftrading platforms than many other online brokers. Their six platforms includethe widely used MetaTrader 4 and MetaTrader 5. They also offer the CQG TradingPlatform, ROX Premium, Sterling Trader Pro, and the Lightspeed Trader platform. Just2Trade is a well-establishedinternational broker that serves clients in more than 130 countries.
- Just2Trade is a reasonable forex broker for beginners, but not the best we have tested.
- CySEC regulation is quite rigorous, requiring segregated funds, KYC checks, and financial compensation schemes.
- The selection is impressive and it makes Just2Trade stand out among the competitors.
- We are certified stock broker review & comparison website working with multiple partners.
- ROXPremium – ROX Premium provides access to major USstock and options exchanges (NYSE, NASDAQ, CBOE) for market data and orderrouting.
- They are less popular and the information about them is less extensive.
Seamless Financial Transactions
Based on our evaluation, there aren’t many forex tools to improve the trading experience. The platform offers clear market data and graphs, though we particularly rate the Excel output option and economic calendar, which are useful for planning trades. The key benefits of this system are the tight spreads and fast execution speeds, which come in as low as 50 ms based on our evaluation. This makes the firm a good option for active forex traders and scalpers in our opinion. This means the broker effectively acts as a middleman to give traders access to the forex market. The huge range of 35,000+ instruments is a key benefit of opening an account.
Company Updates
In contrast, the actual trading fees discourage high-frequency trading or scalping. With that said, traders should be aware that the available instruments vary depending on the account you have. For example, the Standard account offers a reduced list of metals and CFDs in addition to forex. Additionally, the broker charges withdrawal fees which vary depending on the method you choose. Many leading forex brokers we evaluate do not charge at all, so this is a negative, especially for traders who make frequent withdrawals. The Forex Standard account offers commission-free trading with spreads from 0.5 pips.
Summary of commissions and fees on Just2Trade
Also, inside the personal account, customers can transfer funds from one trading account to another. Therefore, customers can choose the best suitable way to fund the account, and then transfer the money to another account type. However, this idea is unlikely to work, because if the broker detects such ‘maneuver’, it can charge additional commission on transfers between accounts. The bulk are equity stocks and CFDs listed on 36 global exchanges, which is an excellent selection.
On MT5 Global and Forex ECN account types, the broker charges $2 and $3 commission per standard lot of 100,000 units of base currency respectively. The traders also need to take into account the market spread, which is received from the liquidity suppliers. As a rule, the spreads on Just2Trade are very low due to high liquidity received from large banks. https://traderoom.info/ On the Forex and CFD Standard accounts, the broker uses a small spread on top of the market spread as a commission. 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.
The broker assures that residents of nearly all countries can open accounts. The procedure of opening an account on Just2Trade is classic and similar just2trade forex broker to other brokers with regulation in Europe. Also, the broker allows the address registration stamp in a national passport as proof of residence.
For 10 months of cooperation with this company, my deposit has doubled! During my review, the average spread for the EUR/USD ranged between 1.0 and 1.3 pips. ForexBrokersOnline.com is committed to helping traders find the right forex broker for their specific requirements. The forex broker holds a license with the Cyprus Securities & Exchange Commission (CySEC). In our assessment, Just2Trade is best for active forex traders looking for ultra-tight spreads with ECN pricing and fast execution speeds. The company now has more than 155,000 clients in over 130 countries.
Overall, Just2Trade is an appealingchoice for traders looking for a reputable broker with a diverse asset rangeand several platform options. Just2trade is the first Forex broker to obtain a license from the Bank of Russia at the end of 2015. It is one of the few local currency brokers, along with VTB24 Forex and Gerchik & Co, and Alpari, although the latter is a much larger company.
With this variety of currency pairs, including majors, minors and exotics, traders won’t be short of opportunities. Our only complaint is that while this broker offers negative balance protection on their Standard account, it is not available on the other trading accounts. This means clients can lose more than their account balance if the markets move against them.
The size of the swap depends on the interest rates of the central banks that issued the currencies in the currency pair. In case of positive swap, a certain number of points is accrued to the account, and in case it is negative – the points are written off the account. According to our analysis, the majority of Just2Trade customers come from Russia and its neighbor countries. This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
They offer the MetaTrader 4 (MT5), MetaTrader 5 (MT5), CQG & ROX platforms. I think all of the platforms are excellent for anyone looking to analyse the markets, place and manage positions. However, I personally prefer the MetaTrader platforms as I feel that they are the most user-friendly. I also like the automated trading features of these platforms and fact you can find a plethora of free and paid add-ons to enhance the platforms capabilities even more. That being said, the platforms built-in tools should be more than enough for most traders. Our commitment to excellence is reinforced by rigorous regulation from esteemed authorities, including the NFA, CySEC, FINRA, and the Bank of Russia….
Overnight funding fees and other transaction charges, require detailed understanding on the Just2Trade platform. Doing so will help you know how the fees work and how to apply them. If you leave your account unused over a long period, Just2Trade will charge an inactivity fee.
