Just2Trade Review |
|
| 📅 Year founded |
2007 |
| 📈 Multiple top-tier regulation |
No |
| 📍 Headquarters |
Limassol, Cyprus |
| 🌍 Country of regulation |
Cyprus |
| ✅ Regulators |
CySec |
| 📈 Execution Type |
Market Execution |
| 💰 Minimum Deposit |
$100 USD |
| 🛡️ Negative Balance Protection |
Certain Accounts |
| 📉 Trading Platforms |
MetaTrader4 / MetaTrader5 / CQG Trading Platform / Sterling Trader Pro |
| ☪ Islamic account |
Yes |
| 📉 Trading Instruments |
Forex / Indices / Commodities / Stocks / Options / Futures / Bonds |
| 📱 Mobile trading |
iOS / Android / Windows |
| 💳 Payment Types Accepted |
Debit and Credit Card / Bank Wire Transfer / UnionPay / Skrill / Neteller / CashU / PaySafe |
| 🎮 Demo Account |
Yes |
| ⓒ Copy Trading |
Yes |
| 🎁 Bonus Offer |
None |
| 💰 Account Currencies |
USD / EUR / RUB |
| 📈 Minimum Trade |
0.01 Lots |
| 📈 Account Types |
ECN / STP |
| 📈 Margin Trading |
Yes |
| 📈 Trading fees |
Low |
| 📈 Inactivity fee |
$15 USD per quarter |
| 💰 Withdrawal fee |
None |
| ☎ Customer Support |
24/7 |
| 💰 Max. Leverage |
30:1 (500:1 for professional) |
| ✔️ Hedging Allowed |
Yes |
| ✔️ Scalping Allowed |
Yes |
| 💰 Commission |
Account type dependant |
| 💰 Spreads |
From 0.0 pips |
| 💰 Leverage |
Flexible |
| 💰 Currency Pairs (Total Forex pairs) |
64 + |
| 🔢 Number of clients |
155 000 + |
| 🥇 Instruments Offered |
35 000 + |
| 📙 Education |
Trading Central |
WHAT IS JUST2TRADE?
Just2Trade is a well-established online brokerage firm that provides a comprehensive suite of trading services for a variety of financial instruments.
Headquartered in Cyprus, Just2Trade is regulated by the Cyprus Securities and Exchange Commission (CySEC), which ensures that it adheres to stringent financial regulations and operates with a high standard of integrity and transparency.
The firm aims to cater to both novice and seasoned traders globally by offering advanced trading tools, competitive pricing and access to major financial markets around the world. Just2Trade is particularly noted for its user-friendly interfaces and a robust trading infrastructure which supports both casual investing and high-frequency trading operations.
By integrating cutting-edge technology and providing access to extensive market research, Just2Trade focuses on empowering traders with the resources needed to make informed decisions. Furthermore, its regulation by CySEC helps reinforce trader confidence, as it means the broker must comply with the rigorous financial standards set forth by the European Union, including the protection of client funds and the provision of transparent trading operations.
This regulatory framework also ensures that Just2Trade is a part of the Investor Compensation Fund, which provides additional security and peace of mind for its clients.
INTRODUCTION
Just2Trade, founded in 2007 and headquartered in Limassol, Cyprus, has established itself as a reputable player in the global brokerage landscape.
Over the years, the company has expanded its operations significantly, aiming to democratise financial trading by making it accessible to a diverse array of traders across various geographical locations.
This vision is backed by Just2Trade’s commitment to delivering low-cost trading solutions coupled with high-quality services and tools that meet the needs of modern traders.
The broker’s approach is built around transparency and user-centricity, focusing on simplifying the trading process while ensuring that clients have access to a wide range of financial instruments and markets. Just2Trade’s offerings are designed to support both beginners looking to make their first trades and seasoned professionals seeking advanced trading functionalities.
The strategic location of its headquarters in Limassol, a major financial hub in the Mediterranean, enhances Just2Trade’s ability to stay connected with European markets while also serving international clients effectively. This placement also underscores the firm’s adherence to rigorous European regulatory standards, providing traders with a secure and reliable trading environment.
With a history spanning over a decade, Just2Trade has consistently adapted to the evolving needs of the financial markets, incorporating the latest technologies and innovations to improve client experience and outcomes. This adaptability and forward-thinking approach have played pivotal roles in the broker’s sustained growth and the trust it has earned among traders worldwide.
PROS & CONS
PROS
- Competitive pricing and low spreads.
- Wide range of trading instruments with over 35 000 available.
- Multiple trading platforms available.
- Accessible minimum deposit of $100 USD.
- No withdrawal or deposit fees applicable.
CONS
- Limited educational resources for beginners.
- Leverage is limited to regulatory restrictions.
TRADING INSTRUMENTS
Just2Trade offers a rich and diverse portfolio of trading instruments that cater to the varied interests and strategies of traders worldwide. This extensive range allows users to engage with different markets and asset classes, promoting a comprehensive trading experience under one roof.
Forex
The forex market is a cornerstone of Just2Trade’s offerings, providing traders with the opportunity to trade a wide array of currency pairs, from majors such as USD / EUR to more exotic options. The forex market is known for its high liquidity and 24-hour trading cycle, making it a prime choice for traders looking for dynamic and continuous trading opportunities.
Indices
Traders can access major global indices, which include benchmarks from the USA, Europe and Asia. Trading indices allows clients to speculate on the overall movements of national economies without having to select individual stocks.
Commodities
Just2Trade provides the ability to trade various commodities which include precious metals like gold and silver, energy commodities like oil and natural gas and soft commodities like coffee and sugar. Commodities trading is often used for diversification, hedging or simply taking advantage of price movements driven by global economic factors.
Stocks
The platform grants access to stock trading across major exchanges, enabling clients to buy and sell shares from a wide range of companies globally. This includes popular tech giants, industrial leaders and small to mid-cap enterprises, providing ample choices for portfolio diversification.
With over 30 000 stocks being available, traders could not ask for a wider range of stocks to choose from.
Options
Options trading is available for those looking to engage in more sophisticated trading strategies. Options allow traders to speculate on the future price of an underlying asset, offering opportunities for leveraged gains with a relatively low capital outlay.
Futures
Futures contracts are also part of Just2Trade’s instrument suite, appealing particularly to those looking to trade on commodities or indices based on predictions of future prices. This type of trading is crucial for risk management and hedging against price volatility.
Bonds
Just2Trade offers trading in various government and corporate bonds, providing a lower-risk investment option compared to stocks or commodities. Bonds are a critical component for traders focusing on income generation or portfolio stabilisation during volatile market periods.
The availability of such a wide range of instruments makes Just2Trade an attractive option for traders who seek to diversify their trading strategies across different types of markets and economic sectors. This variety not only enhances the potential for profit but also helps in spreading risk, aligning with the investment goals and risk tolerance of a broad spectrum of traders.
TRADING PLATFORMS
Just2Trade provides its clients with a selection of sophisticated trading platforms, each designed to cater to different trading styles and preferences. This range includes widely recognised industry standards as well as specialised tools that offer advanced functionalities for professional traders.
MetaTrader4 (MT4)
MT4 remains one of the most popular trading platforms in the world, renowned for its user-friendly interface, robust functionality and versatility. It’s particularly favoured by forex traders but is also capable of handling CFDs on other asset classes.
MT4 offers advanced charting tools, a wide array of technical indicators and supports automated trading through expert advisors (EAs). Its customisation capabilities allow traders to tailor the platform to their trading needs and strategies.
MetaTrader5 (MT5)
As the successor to MT4, MT5 offers all the esteemed features of its predecessor but with additional capabilities. It supports more types of trading orders and has enhanced graphical tools, better data reporting and more advanced analytical tools.
MT5 is particularly suitable for traders who deal with multiple asset classes beyond forex, as it seamlessly integrates trading of stocks, commodities and futures.
CQG Trading Platform
Known for its high-performance, the CQG Trading Platform is geared towards advanced traders looking for powerful analytical tools. It integrates beautifully with futures and options markets, providing direct market access with robust data and high-speed trade execution.
CQG is celebrated for its detailed charting capabilities, complex order types and comprehensive market insights, making it a top choice for professionals who need deep market analysis and quick reaction capabilities.
Sterling Trader Pro
This platform is a favourite among active traders and professional trading groups. Sterling Trader Pro offers a complete solution for trading equities and options.
It features direct electronic access to all exchanges and ECNs and it comes equipped with a sophisticated array of options for order management, charting and risk analysis. Its robust structure supports rapid order placement and execution, which are crucial for day traders and those managing large volumes.
By offering these diverse platforms, Just2Trade ensures that all its clients, from casual traders to financial institutions, have access to the tools that best suit their trading style and technical requirements. Each platform’s unique features and strengths provide Just2Trade customers with the flexibility to choose a trading environment that optimally supports their investment strategies and market participation.
ACCOUNT TYPES
Just2Trade offers a variety of account types tailored to meet the specific needs and preferences of different traders. Each account type provides unique features and trading conditions, allowing clients to select the option that best aligns with their trading strategy and experience level.
MT5 Global
This account type is designed for traders who want to use the MetaTrader5 platform. The MT5 Global account provides access to a comprehensive range of instruments including forex, stocks, indices and commodities.
This account is ideal for traders who appreciate the advanced functionalities of MT5 such as multi-asset trading, advanced charting tools and superior order management features. This account type offers competitive spreads starting from 0.0 pips and commissions are charged at only $2 USD per lot on forex trades.
Additionally, this account type only requires a minimum deposit of $100 USD.
Forex and CFD Standard
Tailored for traders focusing on forex and CFDs, this account provides a balanced approach suitable for both new and experienced traders. It features reasonable spreads starting from 0.5 pips without commissions, making it easier to calculate trading costs.
This account uses all platforms besides MT5, offering reliable trade execution and access to a wide range of analytical tools. It’s a great choice for those who prefer a straightforward trading experience with a focus on forex and major CFDs, from a minimum deposit of only $100 USD.
Forex ECN
The Forex ECN account is designed for traders who prefer trading with direct access to the interbank market rates. This account type offers tighter spreads and more transparency over pricing as it connects traders directly to other market participants through an electronic communications network (ECN).
This account offers raw spreads from 0.0 pips, with commissions charged at $3 USD per lot. Additionally, a minimum deposit of $200 USD is required for the Forex ECN account.
Forex ECN Pro
Built for high-volume professional traders, the Forex ECN Pro account offers the lowest spreads and commissions, providing cost-effective trading conditions for those trading large volumes. This account type also provides access to liquidity from various institutions, ensuring the best possible trading conditions including low latency and minimal slippage.
This account type requires a minimum deposit of $10 000 USD and is ideal for experienced traders who need a robust trading environment capable of supporting extensive trading activities and complex strategies.
These account types reflect Just2Trade’s commitment to catering to a diverse client base, ranging from casual traders to serious investors and professional traders. Each account has been structured to optimise trading conditions based on the specific needs and trading patterns of different users, ensuring that all traders have the tools and conditions they need to succeed in the markets they choose to navigate.
HOW TO OPEN AN ACCOUNT
Opening an account with Just2Trade is straightforward and can be done from the broker’s website. Firstly, clients are required to apply for a trading account by providing their personal details and the various documents required by the broker.
Once the application has been accepted and the documents have been verified, traders may deposit funds and begin trading.
DEMO ACCOUNT
Just2Trade offers a demo account loaded with virtual funds, allowing new users to practice trading strategies, familiarise themselves with the platform and understand market dynamics without financial risk. From our research, there are no limitations on the demo account provided by Just2Trade.
SOCIAL TRADING AND COPY TRADING
The broker integrates social and copy trading features, enabling users to mimic the trades of experienced traders, which is particularly useful for those new to trading or those looking to diversify their strategies. This is done through the features available on the trading platforms provided by the broker, such as EAs.
Additionally, the broker provides the J2TCopy system, allowing traders to be a passive investor while professionals trade for them.
COMMISSIONS AND FEES
Just2Trade is known for its competitive fee structure, with low commissions on trades and no hidden fees. The transparency in pricing makes it a preferred choice for cost-conscious traders.
The highest forex fees charged are only $3 USD per on the Forex ECN account, while other account types charge only $2 USD per trade.
Additionally, the broker does charge an inactivity fee of $20 USD per quarter when an account is inactive.
LEVERAGE
The leverage offered depends on the instrument and trader’s experience, with options up to 500:1 for professional traders, enhancing potential profits but also increasing risks. For most retail traders, this leverage is unfortunately limited to only 30:1 due to regulatory restrictions imposed on the broker.
WITHDRAWALS AND DEPOSITS
Deposits and withdrawals are streamlined and can be performed through various payment methods including bank transfers, credit and debit cards and various eWallets. The process is designed to be quick with minimal processing times.
The broker does not charge any deposit or withdrawal fees, however, these may be charged by third-party financial service providers.
CUSTOMER SERVICE
Customer service is available 24/5 via multiple channels including email, live chat and phone. Customer service is available in multiple different languages and has received generally positive reviews from Just2Trade clients, worldwide.
SAFETY AND SECURITY
Just2Trade places a high priority on ensuring the safety and security of its clients’ funds and personal information. The brokerage is regulated by only CySec, which helps to instil trust and provide a secure trading environment.
Cyprus Securities and Exchange Commission (CySEC)
As a primary regulator, CySEC oversees Just2Trade’s operations in Cyprus and by extension, across the European Union. CySEC is well-regarded for enforcing strict financial regulations that align with EU directives such as MiFID II (Markets in Financial Instruments Directive).
This includes requirements for transparency, fairness and the security of client funds. Just2Trade adheres to these regulations by segregating client funds from corporate funds, ensuring that traders’ money is kept in top-tier banks and is not used for company operations.
Beyond regulatory compliance, Just2Trade implements several advanced technological measures to protect its clients’ data and financial assets. These include the implementation of SSL encryption, two-factor authentication, advanced firewalls and server security as well as conducting regular audits.
These layers of regulatory oversight and advanced security technologies demonstrate Just2Trade’s commitment to providing a secure and reliable trading environment. This comprehensive approach to safety and security not only meets but often exceeds the industry standards, ensuring that traders can focus on their trading activities with peace of mind regarding the safety of their investments.
PROMOTIONS
Periodic promotions and bonuses are offered, especially to new clients and for those opening accounts with substantial deposits. However, the broker does not currently provide any promotions or bonuses, but potential clients are encouraged to regularly visit the broker’s website in case that changes.
RESEARCH
The broker provides comprehensive market research tools including advanced charting, economic calendars and real-time news feeds, helping traders make informed decisions. Besides these features, the broker is also partnered with Trading Central, where traders are easily able to access the latest trading information and analytics available to them.
EDUCATION
Though somewhat limited, the educational resources include the provision of the broker’s GainTrade service, which includes videos and information about AI trading and various other strategies. Just2Trade clients will find this resource incredibly helpful, regardless of their experience level.
GLOBAL AWARDS
Just2Trade has been recognised with several awards for its brokerage services, technology and customer service, highlighting its industry standing and commitment to excellence. Some of their most recent awards include the following:
- Best Multi-Asset Broker (2024) – BrokersView Expo Dubai.
- Top 10 FX Broker Worldwide (2023) – ForexTop.
- Best Customer Service (2022) – WorldFinance.com.
- Best Multi-Asset Broker in Asia (2021) – BrokersShow.com.
- Best Partnership Programme (2021) – WorldFinance.com.
SAFE OR SCAM?
When evaluating whether Just2Trade is a safe broker, it’s crucial to consider its regulatory status and the security measures it implements.
Just2Trade is regulated by the Cyprus Securities and Exchange Commission (CySEC), one of Europe’s most reputable financial regulatory bodies. This ensures that Just2Trade adheres to strict financial standards and practices including the segregation of client funds from corporate assets, regular financial reporting and compliance with investor protection laws.
The combination of strong regulatory oversight and robust internal security measures like SSL encryption, two-factor authentication and regular third-party audits helps to establish Just2Trade as a trustworthy and reliable broker. This regulatory framework and the operational transparency it demands are designed to protect investors and maintain the integrity of the trading environment.
Thus, traders can feel confident in the safety of their investments and personal information when trading with Just2Trade.
CONCLUSION
Just2Trade presents a compelling choice for traders due to its competitive fees, diverse trading instruments and robust platform options. The broker provides a wide range of options to its traders, whether it’s through the provision of multiple trading instruments or its range of account types.
After conducting the above review on this broker, the team at Brokersuggest.com highly recommends Just2Trade as a superb trading partner for all traders in the industry.
