Forex trading has become quite a popular method to trade for online traders in the past few years. Because the market has a wide reach in finance, trade, and commerce, it is one of the most liquid markets available globally. Many platforms offer online traders to trade currencies.
JustForex is one of the many platforms to offer online forex trading on MetaTrader trading platforms. It assists the traders, offering market analysis, social trading, MAM accounts, and educational material. Before going any further, let’s take a look at JustForex.
What is JustForex?
JustForex – the platform was founded in 2012, under JF Global Limited’s regulation (a registered company in St. Vincent and the Grenadines). It is also the brand name for the company. It offers seven types of accounts to its clients, ranging from commission-based to commission-free accounts, ECN trading accounts, and Islamic swap-free accounts.
With different types of accounts, traders have access to various markets. The platform covers more than 150 commodity classes and offers bonds, commodities, stocks, foreign ECN, and indices.
JustForex minimum deposit
Do you know about the JustForex minimum deposit? Well, no worries because here you will find about it. A trader can open a standard trading and standard cent account with a deposit of just $1. If you want a pro or raw-spread account, JustForex’s minimum deposit for that is only $100.
A trader should know about everything from minimum deposit methods to other additional information about the broker beforehand. Here you will understand all about JustForex.
You can open a real trading account with a $1. The amount for minimum deposit varies depending upon the account type selected by the first-time traders.
Account types offered by JustForex
Online traders can make use of efficient trading conditions with the several accounts offered by JustForex. It gives the right strategies and tools for the traders. The client can pick the trading condition suitable for their needs. Like, traders on MetaTrader4 can go for standard pro, standard cent, or a raw spread account. The trader can also choose from standard, pro, and raw spread accounts in MetaTrader5.
Additionally, the MT5 platform has been making significant improvements with copy trading, mobile trading, and other innovative features.
MT4 Account types and features
Following are the MT4 accounts offered by JustForex:
Standard Cent Account
- The currency used is USD
- The minimum deposit is only $1
- Maximum leverage of 1:1000
- No commission
- Spread initiates from 0.3 pips
Standard account
- The account currency include USD, JPY, MYR, THB, IDR, KWD, VND, ZAR, CNY, EUR, GBP
- $1 is the minimum deposit
- The leverage ratio is 1:3000
- No commission
- Spread starts from 0.3 pips
Pro account
- The account currency EUR, GDP, USD, JPY, MYR, THB, IDR, KWD, CNY, ZAR
- The minimum deposit in this account type is $100
- Leverage is a maximum of 1:3000
- No commission
- Spread starts from 0.1 pips
Raw spread account
- The account currency used is EUR, GDP, USD, JPY, MYR, THB, IDR, KWD, CNY, ZAR
- The minimum deposit is $100
- Leverage up to 1:3000
- The commission charged is 3 units of base currency on one lot.
- Spread starts from 0.
MT5 account types and features
The MT5 account types include the following:
Standard account
- The account currency is EUR, GDP, USD, JPY, MYR, THB, IDR, KWD, CNY, ZAR
- The minimum deposit is $1
- Leverage is a maximum of 1:3000
- No commission included
- Spread is from 0.3 pips
Pro account
- The account currency is EUR, GDP, USD, JPY, MYR, THB, IDR, KWD, CNY, ZAR
- $100 is the minimum deposit
- The maximum leverage is 1:3000
- No commission
- Spread starts with 0.3 pips
Raw spread account
- The account currency is EUR, GDP, USD, JPY, MYR, THB, IDR, KWD, CNY, ZAR
- The minimum deposit is $100
- 1:3000 leverage
- 3 units of the base currency commission charged per side or lot
- Spread starts with 0
Some more accounts are:
JustForex demo account
A trader can use the demo account for conducting the following activities:
- Those having maximum credit of $5000000 can test out difficult trading strategies to make the trading style more effective.
- It is good for practicing the trader’s trading strategies and skills before the actual participation in real trading.
- There is a risk-free environment available for beginners.
- The traders can pick and utilize over 80 trading instruments through the demo account.
JustForex Islamic Account
JustForex trading accounts can be converted into Islamic accounts by only e-mailing them. The spread for the accounts:
- 3 pips for a standard account
- 1 pips for a pro account
- And, 0 pips for raw spread account
This type of account is designed for Muslim traders, who adhere to Sharia law.
JustForex is a regulated broker, which facilitates financial instruments trading under FSA authority. Now, you have everything aboutJustForex minimum deposit.