JustMarkets Review
JustMarkets offers traders low floating spreads on all accounts. Leverage is offered starting at 1:1 up to 1:3000. You can trade 260+ instruments on popular platforms. JustMarkets is a well-regulated international forex and CFD broker.
- Maryke Myburgh
Jump to:
Overview
Regulation and Safety of Funds
Awards and Recognition
Account Types and Features
Account Registration
Broker Comparison
Trading Platforms
Range of Markets
Fees
Deposit and Withdrawels
Education and Research
Bonuses and Promotions
Affiliate Programs
Customer Support
Social Responsibility
Final Verdict
Pros and Cons
FAQ
Overall Rating
- 4.4/5
Min Deposit
USD 10
Regulators
FSA, CySEC, FSCA, FSC
Trading Platform
MT4, MT5, MT4/5 WebTrader, mobile (iOS & Android)
Crypto
No
Total Pairs
50+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Overview
We’ve reviewed many forex brokers and trading platforms to find those suitable for Brazilian traders, and JustMarkets is noteworthy.
JustMarkets was founded in 2012 and is a multi-asset online CFD broker headquartered in Limassol, Cyprus.
It carries licenses from and operates through four entities: Just Global Markets Ltd (FSA), JustMarkets Ltd (CySEC), Just Global Markets (PTY) Ltd (FSCA), and Just Global Markets (MU) Limited.
JustMarkets offers a comprehensive suite of services and offers over 260 trading instruments, including forex pairs, commodities, indices, stocks, and cryptocurrencies.
JustMarkets is accessible to millions of clients in over 197 countries, and it offers tight spreads in a choice between four different account types—Standard Cent, Standard, Pro, and Raw Spread.
We found that JustMarkets are suitable for traders of all experience levels. The broker offers a solid performance across all categories and sets itself apart with its diverse base currencies and multiple deposit and withdrawal options.
The broker takes great pride in providing traders with reasonable spreads, over, and leverage up to 1:3000. These features set them apart from Brazilian traders.
JustMarkets accommodates traders with varying preferences and strategies by supporting both MetaTrader 4 and MetaTrader 5 trading platforms.
Beyond that, though, JustMarkets’ unique selling point is its dedication to customizing offerings to meet the demands and needs of particular geographic areas like Brazil.
JustMarkets also prioritizes trader education. With in-depth instructions, webinars, and articles available in Korean, their tools are designed to help traders of all skill levels. Overall, a broker worth considering by all Brazilian traders.
What account types are available at JustMarkets?
On MetaTrader 4, traders can trade on Standard Cent, Standard, Pro, or Raw Spread accounts. MetaTrader 5, Standard, Pro, and Raw Spread account types are available.
Does JustMarkets offer the option of opening an Islamic account?
Yes, JustMarkets does offer this type of account, provided for Muslims, whose religion and the Sharia law forbids them to open accounts, where the swap is applied.
JustMarkets Review at a Glance
| 🗓Established Year | 2012 |
| 🪪Regulation and Licenses | FSA, CySEC, FSCA, FSC |
| 🌟Ease of Use Rating | 4/5 |
| 💰Bonuses | Yes, No-Deposit Bonus, 120% Deposit Bonus, Referral Bonus |
| ⏰Support Hours | 24/7 |
| 📊Trading Platforms | MetaTrader 4, MetaTrader 5, JustMarkets App |
| 📈Account Types | MT4 Standard Cent, MT4 Standard, MT4 Pro, MT4 Raw Spread, MT5 Standard, MT5 Pro, MT5 Raw Spread |
| 💸Base Currencies | USD, EUR, GBP, JPY, MYR, IDR, THB, VND, KWD, CNY, ZAR |
| 📊Spreads | From 0.0 pips |
| 📈Leverage | 1:3000 |
| 💳Currency Pairs | 61, Major, Minor, and Exotic Pairs |
| 💰Minimum Deposit | 52 BRL ($10) |
| 💸Inactivity Fee | Yes, $5 monthly after 150 days of inactivity |
| 🗣Website Languages | English, Spanish, Portuguese, French, Russian, Indonesian, Malaysian, Chinese (Simplified and Traditional), Lao, Vietnamese, Thai, Turkish, and more |
| ⚖️Fees and Commissions | Spreads from 0.0 pips, commissions from $6 |
| 📚Affiliate Program | Yes |
| 🏛️Banned Countries | The United States, Japan, United Kingdom, EU, EEA, Belgium, and Spain |
| 💻Scalping | Yes |
| 🔎Hedging | Yes |
| ✴️Trading Instruments | Indices, Energies, Forex, Metals, Cryptocurrencies, Shares, Futures |
| 👉 Open Account | Open Account |
Regulation and Safety of Funds
JustMarkets’ Regulation in Brazil
The Securities and Exchange Commission of Brazil (CVM) (Comissão de Valores Mobiliários) is the securities market authority in Brazil.
HFM is not regulated by Comissão de Valores Mobiliários (CVM). However, HFM’s global regulations are listed in the table below.
Global Regulation
| 🏛️Registered Entity | 🌎Country of Registration | 🔎Company reg. | 🔎Regulatory Entity | 📈Tier | 🪪License Number/Ref |
| JustMarkets Ltd | Cyprus | 361312 | CySEC | 2 | 401/21 |
| Just Global Markets (Pty) Ltd | South Africa | 2020/263432/07 | FSCA | 2 | FSP 51114 |
| Just Global Markets Ltd | Seychelles | – | FSA | 3 | SD088 |
| Just Global Markets (MU) Limited | Mauritius | 194590 GBC | FSC | 3 | GB22200881 |
Protection of Client Funds
| 🛡️Security Measure | 🖺Information |
| Segregated Accounts | Yes |
| Compensation Fund Member | No |
| Compensation Amount | None |
| SSL Certificate | Yes |
| 2FA (Where Applicable) | Yes |
| Privacy Policy in Place | Yes |
| Risk Warning Provided | Yes |
| Negative Balance Protection | Yes |
| Guaranteed Stop-Loss Orders | No |
Does JustMarkets offer negative balance protection?
Yes, JustMarkets compensates for the clients’ losses exceeding the funds in their trading accounts. It will be set to zero to protect the clients from the unexpected losses.
Does JustMarkets protect the personal data of clients?
JustMarkets provides encryption of all stored information that helps prevent unauthorized access to its clients’ data.
JustMarkets Awards and Recognition
According to our research, JustMarkets has won a few recent awards for superior services and products, including the following:
In 2023, during the UF Awards, JustMarkets won the award as the “Best Broker in Africa.”
JustMarkets was named the “Best Broker in Asia” during the UF Awards in 2022.
JustMarkets Account Types and Features
Brazilians have quite a selection of account types that will fill the needs of any type of trader. In the table below, we briefly mention the features of each.
| MT4 Standard Cent | MT4 Standard | MT4 Pro | MT4 Raw Spread | MT5 Standard | MT5 Pro | MT5 Raw Spread | |
| ⚖️Availability | All; ideal for beginners | All; ideal for all traders | All; ideal for advanced traders | All; ideal for scalpers and day traders | All; ideal for casual traders | All; ideal for advanced traders | All; ideal for scalpers and day traders |
| 📈Markets | 33 Forex Pairs, 4 metals | 61 Forex Pairs, 7 metals, 13 indices, 14 crypto CFDs, 165 shares, 3 energies | 61 Forex Pairs, 7 metals, 13 indices, 14 crypto CFDs, 165 shares, 3 energies | 61 Forex Pairs, 7 metals, 13 indices, 14 crypto CFDs, 165 shares, 3 energies | 61 Forex Pairs, 7 metals, 13 indices, 14 crypto CFDs, 165 shares, 3 energies | 61 Forex Pairs, 7 metals, 13 indices, 14 crypto CFDs, 165 shares, 3 energies | 61 Forex Pairs, 7 metals, 13 indices, 14 crypto CFDs, 165 shares, 3 energies |
| 💳Commissions | None | None | None | $3 per lot/per side | None | None | $3 per lot/per side |
| 💻Platforms | MetaTrader 4 | MetaTrader 4 | MetaTrader 4 | MetaTrader 4 | MetaTrader 5 | MetaTrader 5 | MetaTrader 5 |
| 📊Trade Size | 0.01 cent lot – 1,000 cent lots | 0.01 lots – 100 lots | 0.01 lots – 100 lots | 0.01 lots – 100 lots | 0.01 lots – unlimited | 0.01 lots – unlimited | 0.01 lots – unlimited |
| 📈Leverage | 1:3000 | 1:3000 | 1:3000 | 1:3000 | 1:3000 | 1:3000 | 1:3000 |
| 💰Minimum Deposit | 40,300 COP ($10) | 40,300 COP ($10) | 403,000 COP ($100) | 403,000 COP ($100) | 40,300 COP ($10) | 403,000 COP ($100) | 403,000 COP ($10) |
JustMarkets MT4 Standard Cent Account
These account types are simplified for novice traders who want to start trading without having to deposit a huge amount of money.
With a minimum deposit of just 52 BRL (about $10), it’s accessible to everyone, and with the added leverage of 1:3000, you can easily maximize your potential income.
Trading is allowed on 33 Forex pairs and 4 metals, providing a broad learning experience and commission-free.
We found that the position sizes range from 0.01 cent lots to 1,000 cent lots, letting Brazilians trade in real markets without risking a large amount of money. The Standard account is also the most popular type to trade with on MT4.
JustMarkets MT4 Standard Account
This account type will be more suited for traders with experience in forex trading. The minimum deposit requirement is 52 BRL (about $10) with no commission charges.
Brazilian traders can access diverse markets, including 61 Forex pairs, 7 metals, 13 indices, 14 crypto CFDs, 165 stocks, and 3 energies.
Trade sizes range from 0.01 lots to 100 lots, giving Brazilians plenty of options across the various market offers. This account type is designed to provide a full trading experience while avoiding overwhelming new traders.
JustMarkets MT4 Pro Account
The JustMarkets’ MT4 Pro account will suit the needs of serious traders looking for better trading conditions, as this is another account type where they can enjoy the absence of commissions.
Brazilian traders can access a diverse range of markets on this account, including 61 Forex pairs, 7 metals, 13 indices, 14 cryptocurrency CFDs, 165 stocks, and 3 energies.
With a minimum deposit of 525 BRL ($100) and leverage of up to 1:3000, it is ideal for individuals looking to optimize their strategies.
Position sizes on the MT4 Pro account range from 0.01 to 100 lots, offering precision for advanced methods catering to traders who desire more from their trading experience.
JustMarkets MT4 Raw Spread Account
JustMarkets’ MT4 Raw Spread account offers the most competitive conditions for scalpers and day traders. With leverage of up to 1:3000 and a minimum deposit of 525 BRL ($100), traders can fully profit from short-term market fluctuations.
There is a diverse option for trading that includes 61 Forex pairs, 7 metals, 13 indices, 14 crypto CFDs, 165 shares, and 3 energies available.
Brazilian traders can benefit from ultra-low spreads starting at 0 pips and a $3 commission per lot per side. The trade sizes range from 0.01 lots to 100 lots, allowing for precision execution of quick transactions.
JustMarkets MT5 Standard Account
We found trading on the MT5 Standard Account extremely affordable, with a minimum deposit requirement of only 52 BRL ($10) and leverage of up to 1:3000.
Brazilian traders explore trading into 61 Forex pairs, 7 metals, 13 indices, 14 crypto CFDs, 165 shares, and 3 energies with no commission charges.
The position sizes range from 0.01 lots to unlimited, providing flexibility for various trading operations. This account is perfect for Brazilian traders who prefer the more modern functionalities of the MT5 platform.
JustMarkets MT5 Pro Account
We found that the MT5 Pro Account of JustMarkets is the most popular on the MT5 platform and is designed for seasoned traders.
It offers superior trading conditions and a broad market range, providing access to 61 Forex pairs, 7 metals, 13 indices, 14 crypto CFDs, 165 shares, and 3 energies with no commissions.
It requires a slightly higher minimum deposit of 525 BRL ($100), and leverage remains at 1:3000, with trade sizes ranging from 0.01 lots to unlimited, catering to diverse trading strategies. This account is ideal for traders seeking a professional trading environment.
JustMarkets MT5 Raw Spread Account
The MT5 Raw Spread Account is perfect for Brazilian traders who require tight spreads and advanced trading tools.
Spreads start from 0 pips with a commission charge of $3 per lot per side. Traders can access 61 Forex pairs, 7 metals, 13 indices, 14 crypto CFDs, 165 shares, and 3 energies for extensive market coverage on this account type.
As with the MT4 Raw Spread Account, the minimum deposit requirement is 525 BRL ($100) with leverage of up to 1:3000.
JustMarkets Demo Account
In addition to the above-mentioned account types, JustMarkets offers the option to open a demo account on any of its account types. It offers risk-free trading with $100,000 virtual money and no time limit on how long you need to use the demo account. It does not expire.
This gives novice and professional traders enough room to experiment with several strategies to see what suits your trading plan and objectives the best.
JustMarkets Islamic Account
Even though the account’s name is associated with a religion, the phrase “Islamic account” is unrelated to the faith.
This type of account offered by JustMarkets is provided for Muslims, whose religion and the law of Sharia forbids them to work with accounts, where the swap is applied.
This account type allows you to trade overnight positions without worrying about earning or paying interest. Both the MetaTrader 4 and MetaTrader 5 platforms give you access to a variety of instruments together with varying leverage ratios and adjustable trade sizes.
What is the swap-free level?
Swap-free is a trading account status where no fees are charged for overnight positions. This option is available for both Muslim and non-Muslim users with JustMarkets.
What account types are available at JustMarkets?
On MetaTrader 4, traders can trade on Standard Cent, Standard, Pro, or Raw Spread accounts. MetaTrader 5, Standard, Pro, and Raw Spread account types are available.
How To Open a JustMarkets Account
Step 1 – Select Signup Account type
Go to the JustMarkets website and hover your cursor over “Trading” in the main toolbar of the JustMarkets website, then choose “My accounts.”
Step 2 – On the “Live” page in the “Trading account” section, click “Open New Account.”
Step 3 – Fill in all the fields in the “Provide personal details” section.
This step is only for clients who have not filled out this information before. If you have already provided the required personal details, go to the next step.
When you’ve selected an account type, click the matching green “Open an Account” banner underneath the account. Note that there are set accounts for MetaTrader 4 and 5, and you cannot switch between these platforms.
Once the registration form loads, complete the fields by entering your name, email address, phone number, and any other personal and contact details.
Step 4 – Select the desired account type
- Select the base currency of your Real Account.
- Define the necessary leverage. Note that you will be able to change the leverage level in the Back Office in the future.
- Set the main password, which contains from 6 to 15 symbols, including at least one Latin letter and one digit.
- Click “Create Account.”
Create a strong password for your account that should be between six and fifteen characters long, with at least one Latin letter and one number.
Upload a photocopy of your passport or government-issued ID to confirm your identification.
Read and accept the terms and conditions of JustMarkets and any relevant regulatory disclosures.
Step 5 – Fund account
Once your information and documents have been reviewed and your identity has been confirmed, you will receive an email from JustMarkets confirming that your account is open and you can deposit funds.
Log into your account, go to the deposit section, and deposit the minimum required according to your account type.
Download your trading platform according to your account type and start trading.
What is a trading account with JustMarkets?
To start trading Forex, one needs to open an account with the broker, which gives traders access to the forex market and enables them to execute trading operations online.
Are there any expenses for registering a JustMarkets account in Brazil?
No. Brazilian traders can register a JustMarkets account without paying any fees. It is free to open any account type.
Broker Comparison
| 🥇 JustMarkets | 🥇 Exness | 🥇IC Markets | |
| 🗺️ Regulation | CySEC, FSCA, FSA, FSC | FSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA, CMA | ASIC, CySEC, FSA, SCB |
| 💻 Trading Platform | MetaTrader 4 MetaTrader 5 JustMarkets App | MetaTrader 4 MetaTrader 5 Exness App Exness Terminal | MetaTrader 4 MetaTrader 5 cTrader |
| 💰 Withdrawal fee | None | No | None |
| 💳 Demo Trading Account | Yes | Yes | Yes |
| 💰 Minimum Deposit | 40,300 COP ($10) | 39,000 COP ($10) | 1,049 BRL ($200) |
| 📊 Leverage | Up to 1:3000 | Unlimited | 1:1000 |
| 💰 Spreads | From 0.0 pips | Variable, from 0.0 pips | From 0.0 pips |
| 🚀 Commissions | $6 per lot traded | From $0.1 per side, per lot | From $3 to $3.5 |
| 📊 Margin Call/Stop out | 40%/20% | 60%/0% | 100%/50% |
| 📊Order Execution | Market | Market | Market |
| ❌No-Deposit Bonus | Yes | No | No |
| 🪙Cent Accounts | Yes | Yes | No |
| 📒 Account Types | MT4 Standard Cent Account MT4 Standard Account MT4 Pro Account MT4 Raw Spread Account MT5 Standard Account MT5 Pro Account MT5 Raw Spread Account | Standard Account Standard Cent Account Raw Spread Account Zero Account Pro Account Social Standard Account Social Pro Account | cTrader Account Raw Spread Account Standard Account |
| 🏛️Colombia SFC Regulation | No | No | No |
| 💰COP Deposits | Yes | No | No |
| 💻COP Account | No | No | No |
| 📞Customer Service Hours | 24/7 | 24/7 | 24/7 |
| 💳Retail Investor Accounts | 7 | 7 | 3 |
| ☪️Islamic Account | Yes | Yes | Yes |
| 💰Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
| 💸Maximum Trade Size | 100 lots | Unlimited | Unlimited |
| ⏰Minimum Withdrawal Time | 1 – 3 hours | 24 hours | Instant |
| ⏲️Maximum Estimated Withdrawal Time | 6 banking days | 3 days | Up to 14 business days |
| 💳Instant Deposits and Instant Withdrawals? | Yes, deposits | No | Yes |
| 👉Open Account | Open Account | Open Account | Open Account |
Trading Platforms
After the variety of account types JustMarkets offers to Brazilian traders, we were surprised to discover that the broker only offers the MetaTrader suit and its app.
Let’s have a look at what JustMarkets’ platforms offer traders.
MetaTrader 4
MetaTrader 4 does not need any introduction as it is the most used and preferred trading platform in the forex world. Brazilian traders will also find this to be true.
MetaTrader 4 is a free Forex trading software developed by MetaQuotes and released in 2005. We found the platform allows you to make money on Forex with a consistent and useful interface.
Traders can monitor, maintain, and manage Forex trading accounts. It supports indicators, expert advisers, and other tools for real-time market analysis. You can create your instruments and share them with other traders.
Furthermore, the Portuguese language options of the software significantly improve user experience by simplifying navigation.
The platform is available on desktops, all mobile devices, and the web and is free to download after you have registered for an account with Just Markets.
MetaTrader 5
MetaTrader 5 is the newest trading platform developed by MetaQuotes Software Corp. It was developed to replace the previous MetaTrader 4 terminal version and make Forex trading much easier and more comfortable.
We found that the MetaTrader 5 is more intuitive, and it offers significant improvements in copy trading, mobile trading, and other innovative features that make trading account management more efficient.
It has potent analytical capabilities, including 21 timeframes and a thorough economic calendar, two important tools for in-depth market research.
As the need for portfolio diversification and more exposure to trading possibilities grows, MT5 adapts by providing greater support for a larger range of financial products, such as indices and cryptocurrencies.
JustMarkets App
In addition to the MetaTrader suite offered by JustMarkets, Brazilian traders also have the option to trade on the in-house JustMarkets App.
With our research into this app, we found that Brazilian traders can access all the functions of the JustMarkets website from their smartphones.
It offers a convenient and user-friendly interface that allows traders to use any function anytime. You can open an account, manage withdrawals, read analytics, or proceed with verification.
The mobile app offers you the greatest trading flexibility available no matter where you are.
Why do traders prefer MetaTrader 4?
Traders prefer MetaTrader 4 because of its key usability features and functionalities. It offers a high level of flexibility as it can be tailored to the specific needs of each trader.
Should I get MetaTrader 4 or MetaTrader 5?
The new MT5 version is considered superior for stock trading and order management, while the older MT4 platform is considered superior for forex trading.
JustMarkets Range of Markets
We found that JustMarkets offers more than 260 trading instruments spread across account types and platforms. Below, we give Brazilians an indication of the instrument distribution across markets and the maximum leverage they can expect with each.
| 🔎Instrument | ⚖️Number of Assets Offered | 📈Max Leverage Offered |
| Forex | 61 | 1:3000 |
| Commodities (metals, energies, etc) | 10 | 1:100 |
| Indices | 13 | 1:200 |
| Stocks | 165 | 1:20 |
| Cryptocurrency | 14 | 1:10 |
JustMarkets Leverage and Margin
Brazilian traders who need better market possibilities with managed risk will be drawn to JustMarkets’ leverage and margin alternatives.
JustMarkets’ incredible 1:3000 leverage allows traders to handle positions significantly larger than their initial investment, allowing them to maximize exposure without initially paying a large quantity of money.
However, traders should never lose sight of the fact that greater leverage entails greater danger. Brazilian traders can manage their risk with JustMarkets since its margin requirements are exactly tailored to the chosen leverage.
JustMarkets provides a comprehensive margin calculator on their platform to further assist with strategic trading. Brazil’s traders can use this tool to meticulously prepare each trade and ensure it meets their risk-reward profiles, financial goals, and risk tolerance.
JustMarkets has combined high leverage with user-friendly risk management features to offer an ideal trading environment for traders from Brazil.
They can negotiate the intricacy and volatility of the financial markets thanks to a unique system that doesn’t significantly compromise their profitability.
How many forex pairs does JustMarkets offer to trade with?
JustMarkets provides 61 forex pairs that include major, minor and exotic pairs to Brazilian traders to trade with.
What are cryptocurrencies?
It provides a marketplace built on blockchain technology to create and exchange digital coins. Trading with JustMarkets allows you to follow the volatility of cryptocurrency prices and leverage your online portfolio without owning the underlying assets.
JustMarkets Fees
JustMarkets Spreads
The spread structure with JustMarkets is open and transparent, offering tight competitive spreads for Brazilian traders.
On the three account types offered on the MT4 platform, spreads start at 0.3 pips on the Standard account, 0.1 pips on the Pro account, and 0.0 on the Raw Spread account.
With spreads starting at 0 pips, the Raw Spread account is a great option for high-frequency traders wishing to lessen the impact of spreads despite the commission fee charges.
JustMarkets Commissions
JustMarkets does not charge commission fees on most account types except the MT4 Raw Spread and MT5 Raw Spread accounts. Both have a competitive $3 commission per lot per side.
With the other account types, the commission is already included in the broker’s fee is already included in the spread.
JustMarkets Overnight Fees
Like most forex brokers, JustMarkets charges Brazilian traders swap fees who hold positions overnight. This is a condition that traders must remember, as it can incur unnecessary expenses if positions remain open overnight.
To keep track of these expenses, traders can calculate and include them in their trading plans since the swap fee rates are indicated on JustMarkets’ website.
The broker also offers swap-free accounts to Muslim traders, or it can be avoided by closing positions before the rollover period.
JustMarkets Deposit and Withdrawal Fees
JustMarkets offers quite a variety of payment methods for Brazilian traders, and they also have the option on some of the payment methods to do it in Brazilian Real (BRL).
Most deposit and withdrawal methods also have no fees charged to them. However, traders should ensure that their financial providers do not charge such fees.
The fee structure is clear and transparent on the JustMarkets website, and Brazilian traders can determine exactly what the deposit and withdrawal fees will be.
JustMarkets Inactivity Fees
Regarding an inactivity fee with JustMarkets, Brazilian traders should remember that the broker charges a $5 inactivity fee per month. This kicks in after 90 days of inactivity on the trading account.
JustMarkets Currency Conversion Fees
JustMarkets, like most other forex and CFD brokers who don’t offer BRL-denominated accounts, charges currency conversion fees for BRL deposits and withdrawals.
However, Brazilians who deposit or withdraw through Neteller can do so in BRL.
How long does it take to withdraw money from JustMarkets?
Usually, it takes no more than 1-2 hours.
What are the deposit options for JustMarkets?
JustMarkets provides multiple options for a deposit through various e-wallets, bank cards, and local banks.
JustMarkets Deposit & Withdrawal Options
Apart from the variety of payment methods for deposits and withdrawals, JustMarkets specifically offers deposit and withdrawal methods to Brazilians.
This is what we found:
| 💳Payment Method | 🌎Country | 🪙Currencies Accepted | ⏰Processing Time |
| Credit/Debit Card | All | EUR, USD | 30 min – 2 hours |
| Bank Transfer | Various | AED, GHS, OMR, TRY, AUD, HKD, PHP, TTD, BBD, HRK, PKR, UGX, BGN, HUF, PLN, USD, BHD, ILS, QAR, ZAR, CAD, JPY, RON, ZMW, CHF, KES, SAR, CZK, MWK, SEK, DKK, MXN, SGD, EUR, NOK,THB, GBP, NZD, TND | 1 – 6 banking days |
| Skrill | All | EUR, USD | 5 min – 2 hours |
| Neteller | All | EUR, USD, GBP, ZAR, CNY, MYR, JPY, AED, AUD, BRL, CAD, CHF, COP, INR, KRW, MXN, NGN, RUB, SGD, TWD | 5 min – 2 hours |
| Perfect Money | All | EUR, USD | 5 min – 2 hours |
| Sticpay | All | EUR, USD, JPY, KRW, CNY, PHP, AED, AUD, CAD, CHF, CLP, GBP, HKD, IDR, INR, MXN, MYR, NZD, RUB, SGD, THB, VND | 5 min – 2 hours |
| AirTM | All | USD | 30 min – 2 hours |
| Bitcoin | All | BTC | 30 min – 3 hours |
| Bitcoin Cash | All | BCH | 30 min – 3 hours |
| Ethereum | All | ETH | 30 min – 3 hours |
| USD Coin | All | USDC | 30 min – 3 hours |
| Tether | All | USDT | 30 min – 3 hours |
| BUSD | All | BUSD | 30 min – 3 hours |
| Binance | All | BNB | 30 min – 3 hours |
| Dogecoin | All | DOGE | 30 min – 3 hours |
| Litecoin | All | LTC | 30 min – 3 hours |
| XRP | All | XRP | 30 min – 3 hours |
| Malaysian Banks | Malaysia | MYR | 30 min – 5 hours |
| Indonesian Banks | Indonesia | IDR | 30 min – 2 hours |
| Thai Banks | Thailand | THB | 30 min – 2 hours |
| Prompt Pay | Thailand | THB | 30 min |
| Colombian Banks | Colombia | VND | 30 min – 2 hours |
| Philippines Banks | Philippines | PHP | 30 min – 2 hours |
| African Local Cards/Transfer | Nigeria | NGN | 30 min |
| Singaporean EFT | Singapore | SGD | 30 min – 1 day |
| African local transfers | Nigeria | NGN | 30 min – 24 hours |
| African Mobile Money | Uganda, Kenya, Rwanda, Ghana, Tanzania, and other West African Countries | UGX, KES, RWF, GHS, XAF, TZS | 30 min – 24 hours |
| Skrill Medios de Pago en LatAm | Latin America | EUR, USD | 30 min |
| Pay Retailers | All | USD | 1 day |
| Boleto | Brazil | BRL | 1 day |
| MoMo | Colombia | VND | 30 min |
| FasaPay | Indonesia | USD, IDR | 30 min – 3 hours |
JustMarkets Deposits
How to Deposit using Bank Wire Step by Step
- Go to your JustMarkets account and log in.
- Go to the “Deposit” area.
- Choose “Bank Wire Transfer” as your deposit option.
- Provide the appropriate bank information required.
- Enter the deposit amount in the base currency required.
- Confirm your information and submit the request.
- The funds should be credited to your trading account, between one to six business days.
How to Deposit using Credit or Debit Card Step by Step
- Go to your JustMarkets account and log in.
- Navigate to the “Deposit” page.
- Select “Credit/Debit Card” as the deposit method.
- Enter your card details as required.
- Enter the deposit amount in the base currency required.
- Review and confirm the transaction and submit the request.
- The funds should be reflected in your trading account within 30 minutes and 2 hours.
How to Deposit using Cryptocurrency Step by Step
- Log into your JustMarkets account.
- Go to the “Deposit” area.
- Choose “Cryptocurrency” from the list of deposit methods.
- Choose the cryptocurrency you want to deposit.
- Enter the deposit amount and create a unique wallet address.
- Submit the requested amount from your cryptocurrency wallet to the JustMarkets wallet address.
- The transaction will be confirmed on the blockchain between 30 minutes to 3 hours.
How to Deposit using e-Wallets or Payment Gateways Step by Step
- Log into your JustMarkets account.
- Go to the “Deposit” area.
- Choose your preferred e-wallet payment method.
- Enter the deposit amount and your e-wallet account information.
- Confirm and submit the request.
- The funds should be reflected in your trading account between 5 minutes to 2 hours.
JustMarkets Withdrawals
How to Withdraw using Bank Wire Step by Step
- Log into your JustMarkets account.
- Navigate to the “Withdrawal” section.
- Choose “Bank Wire Transfer”.
- Provide your bank account information.
- Enter the withdrawal amount.
- Confirm your request.
- The funds should appear in your bank account between 1 to 6 business days.
How to Withdraw using Credit or Debit Cards Step by Step
- Log into your JustMarkets account.
- Go to the “Withdrawal” section.
- Choose “Credit/Debit Card”.
- Enter your card information.
- Enter the withdrawal amount.
- Review and confirm the transaction and submit the request.
- Submit your request.
- The funds should be reflected in your account between 1-2 hours.
How to Withdraw using Cryptocurrency Step by Step
- Log into your JustMarkets account.
- Go to the “Withdrawal” section.
- Select “Cryptocurrency” from the list of withdrawal options.
- Select the cryptocurrency you want to withdraw.
- Enter the withdrawal amount and your cryptocurrency wallet address.
- Confirm and submit the request.
- The cryptocurrency would reflect within 1-3 hours.
How to Withdraw using e-Wallets or Payment Gateways Step by Step
- Log into your JustMarkets account.
- Go to the “Withdrawal” section.
- Choose your preferred e-wallet payment method.
- Enter the withdrawal amount and your e-wallet account information.
- Confirm the transaction and authorize payment using your e-wallet account.
- Submit your withdrawal request.
- The funds should reflect within 1–2 hours.
What withdrawal methods are accessible to Brazilian traders at JustMarkets?
JustMarkets provides deposit options, including local bank transfers, e-wallets, and credit or debit cards.
Can Brazilian traders deposit and withdraw funds in BRL with JustMarkets?
Yes, JustMarkets allows deposits and withdrawals in BRL on the Neteller e-wallet.
JustMarkets Educational Resources
JustMarkets has proven itself a suitable broker for both rookies and seasoned traders by offering various account types and trading platforms. Furthermore, we also found that JustMarkets caters to traders by providing various educational materials and trading tools.
| Economic Calendar | Yes |
| VPS | Yes |
| AutoChartist | No |
| Trading View | No |
| Trading Central | No |
| Market Analysis | Yes |
| News Feed | Yes |
| Blog | Yes |
| eBooks | No |
| Educational Videos | Yes |
| Platform Tutorials | No |
| Webinars | Yes |
| Seminars | No |
| Live Support | Yes |
Does JustMarkets provide online webinars to traders?
Yes, JustMarkets provides a variety of online webinars to assist especially novice traders in Brazil.
How can Brazilian traders keep up with the newest market developments with JustMarkets?
Brazilian traders can keep up with the latest market developments by subscribing to JustMarkets’ newsletters and market analysis reports.
JustMarkets Bonuses and Promotions
Bonuses and promotions are ways that various brokers entice new traders to sign up with them. JustMarkets is no exception and although its offerings are not much, it does offer some incentives to boost traders’ initial capital. Let’s explore these offers to see how Brazilians can benefit from them.
30 USD No-Deposit Bonus
The 30 USD no-deposit bonus allows Brazilians to discover JustMarkets’ extensive instrument selection, user-friendly interface, and competitive spreads.
It allows you to explore the features and trading conditions of the platform without making an initial financial commitment, but with the benefit that you can withdraw your profits. There are some terms and conditions that apply.
This bonus is ideal for Brazilian traders who wish to try their hand at the foreign exchange market without incurring financial risks.
100% Deposit Bonus
The 100% deposit bonus is exactly what it says it is. Traders can increase their trading potential with JustMarkets as the broker will double your first deposit.
This offer gives new clients an extra advantage and more tools to use in the forex market. It allows you to open and hold larger positions, boosting your profits.
$25 Referral Bonus
The referral bonus is another incentive offered by many brokers. With JustMarkets, you can benefit from inviting your peers, family, and coworkers to start trading on JustMarkets using the $25 referral incentive program.
You will be compensated for each referral that registers for a live account, and both you and your referral will receive the bonus.
However, this incentive also has certain terms and conditions that Brazilian traders should know regarding the minimum deposit requirements and trading volumes.
In addition to the above-mentioned bonuses and promotions, JustMarkets also has other promotions and incentives that they run occasionally. Visit the homepage of the broker to get the most recent information.
Can bonuses be withdrawn from JustMarkets?
No. Bonuses at JustMarkets are subject to trading volume requirements before being eligible for withdrawal.
Is there a referral benefit for referring friends to JustMarkets?
Yes, JustMarkets provides a $25 referral bonus to Brazilian traders who bring in new clients who successfully open a live account type.
JustMarkets Affiliate Programs
Features
In our investigation of the JustMarkets broker, we learned that Brazilian traders could benefit from several affiliate programs where they can earn unlimited commission and build their network that will bring you the most from your traffic
The program is specifically tailored to accommodate a wide range of affiliates, such as bloggers, Forex mentors, and online influencers.
By becoming a partner, you can get up to 65% through the revenue share model. This will guarantee a steady flow of income as long as the referred clients stay engaged in trading.
JustMarkets also offers a CPA (Cost Per Acquisition) program, where traders can earn up to $1,500 for every referred client.
JustMarkets also offers its partners a loyalty program with a dedicated affiliate manager offering personalized support and rewards. All these programs assist Brazilian traders in expanding their network and increasing their earnings with JustMarkets.
It is an ideal and easy option for Brazilian traders who want to turn their online activities into profits. In addition, JustMarkets also offers an array of promotional materials, such as banners to help their partners with their marketing.
How to Register an Affiliate Account with JustMarkets Step-by-Step
Go to the “Partnership” area of the JustMarkets homepage main menu.
From the selection of partnership types, select “Affiliates.”
Consult the features, advantages, and terms & conditions of the JustMarkets Affiliate Program.
Click the “Open a Partner Account” button on the main affiliate page after reading over the information and feeling ready to go.
Enter your name, email address, phone number, country of residence, and any personal and contact details on the registration form.
Determine which relationship level—Partner, Advanced Partner, IB, Silver Partner, Gold Partner, or Platinum Partner—best suits your objectives and offers the features you need.
Choose how you would like to receive commissions (e.g., wire transfer, Skrill, or Neteller).
Include the URL of your website or, if relevant, your social media accounts to demonstrate your internet presence and impact.
Next, read and accept the terms and conditions of the JustMarkets Affiliate Program.
Submit your application form so the JustMarkets partnership team can evaluate and approve it.
As soon as your account is approved, you’ll receive login information to the JustMarkets Affiliate Portal, where you can manage your account, monitor referrals, and view promotional materials.
Use the tools in the Affiliate Portal to personalize your affiliate links and banners.
To draw in new customers for JustMarkets, post your special affiliate links on your website, social media, or other marketing methods.
Using the reporting features of the Affiliate Portal, you can easily monitor your commissions and earnings in real-time.
Once your commissions are paid, use your preferred payment method to withdraw your earned commissions.
Where do I find my partner link?
The partner link can be found on the dashboard page or promo material page in the partner area in the back office.
What is a partner code?
Partner code is an alphanumeric code at the end of your partner link that you can use to attract clients. Clients can enter the “Partner code” field on the registration page when creating their Back Office under a certain partner.
JustMarkets Customer Support
| 📞Customer Support | 🗣️Customer Support |
| ⏰Operating Hours | 24/5 |
| 🗣️Support Languages | Multilingual |
| 🗨️Live Chat | Yes |
| 📧Email Address | Yes |
| 📞Telephonic Support | Yes |
| 🌟The overall quality of their Support | 4/5 |
Response Time
| Support Channel | Average Response Time | User-based Response Time |
| 📞Phone | 5 minutes | 2 minutes |
| 1 working day | Same-day | |
| 🗨️Live Chat | 5 – 10 minutes | 3 – 4 minutes |
| #️⃣Social Media | 1 working day | Same-day |
| 🗣️Affiliate | 1 working day (email) | Same-day |
Can Brazilian traders receive support in Portuguese with Just Markets?
Yes, JustMarkets does offer customer support in Portuguese.
Does JustMarkets offer support over weekends?
Yes, JustMarkets’ customer support is available 24/7.
JustMarkets Social Responsibility
Unfortunately, JustMarkets does not have a dedicated CSR section on the website. There are currently no projects or initiatives in terms of Social Responsibility published for JustMarkets.
User Comments
We’ve researched several trusted review sites to spot the most recent comments left by existing JustMarkets clients. Here’s what we found:
- “JustMarkets has a good platform with tight spreads and good performance. Also, their customer service is pretty quick to respond, especially through live chat. It’s easy to enter and withdraw money, which is a big plus for me.”
- “JustMarkets is fine, but it could be better. Their learning materials could be more in-depth, and the analysis tools on the site aren’t very advanced. In general, I had a pretty average time.”
- “It’s both good and bad with JustMarkets. The spreads are good, but the site sometimes acts up. Customer service is good, but sometimes it takes a long time to get back to you. I’m still not sure what they mean.”
10 Best Forex Brokers in Brazil
Rank
Broker
Review
Regulators
Min Deposit
Official Site
Conclusion
JustMarkets is a broker that we would recommend for Brazilian traders in forex and CFD. The broker is regulated through four different regulators, which all maintain clients’ money in segregated accounts and protect negative balances.
JustMarkets offers a wide range of tradable assets, such as indices, equities, commodities, forex, and cryptocurrencies. With robust platforms like MT4 and MT5, Brazilians have all the tools they need to thrive.
The competitive spreads, especially with the Raw Spread account, and the substantial leverage of up to 1:3000 are attractive features for maximizing market exposure with less initial capital. In addition, it offers many base currencies for these accounts.
The platform’s local support and payment options, including BRL on the Neteller e-wallet and local bank deposits and withdrawals, further enhance its appeal to the Brazilian market.
On the downside, the inactivity fee of $5 after 90 days might deter those who aren’t consistently trading. Currency conversion fees will also apply to most deposit and withdrawal payment methods.
All things considered, JustMarkets offers a comprehensive trading experience. It stands out particularly for its aggressive spreads and the variety of currency options it offers for accounts, deposits, and withdrawals. This is in addition to a generous affiliate program.
Our Insight
Our experience with JustMarkets has been overwhelmingly favorable. The broker’s dedication to the local market is clear in its provision of accounts and assistance for local bank transfers, which greatly simplifies financial transactions for traders.
Our Recommendations
- JustMarkets already accepts BRL as a payment method with Neteller. Enhance the range of deposit and withdrawal options to accommodate the local currency and introduce account types denominated in BRL. This will minimize currency conversion fees and enhance transaction convenience for traders in Brazil.
- Introduce a Corporate Social Responsibility program specifically aimed at Brazilians. This will encourage more Brazilian traders to sign up with the company.
- Encourage a strong sense of community among Brazilian traders by establishing local forums, social media groups, and events to exchange experiences, strategies, and insights.
- Develop targeted marketing strategies tailored to Brazilian traders, showcasing the distinct advantages and offerings of JustMarkets that align with their requirements and preferences.
JustMarkets Pros and Cons
| ✅ Pros | ❌ Cons |
| Strictly regulated by top regulatory authorities | There is no BRL-denominated account, subjecting traders to currency conversion fees |
| Provide trading on the popular MetaTrader suite | Not much is offered in regard to incentives for existing clients |
| Offer tight competitive spreads | Not regulated in Brazil |
| Brazilians can expect transparent and competitive fees | Does not accept traders from the US |
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Frequently Asked Questions
Does JustMarkets provide an affiliate scheme for Brazilian traders?
Yes, JustMarkets provides an affiliate network that offers significant commissions and incentives to Brazilian marketers.
What trading platforms does JustMarkets have?
JustMarkets offers clients to trade on the most popular MetaTrader 4 and MetaTrader 5 platforms.
Where is JustMarkets’ head office?
JustMarkets is based in Limassol, Cyprus.
Is JustMarkets a good choice for novice traders?
JustMarkets is a good option for newbies due to its low minimum deposit of just $10, Cent Account option, demo account offering, and 24/7 customer support.
Is customer support available in Portuguese?
Yes, JustMarkets provides customer support with professional Portuguese-speaking representatives to help Brazilian traders.
