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JustForex Review, Rating and Comparison

JustForex Review, Rating and Comparison

RATING: 2 / 13 REVIEWS ForexBrokerz JustForex
JustForex is an offshore broker. Your money is not safe.


Trading Accounts


Account type   Minimum deposit Minimum trade size Maximum leverage Average Spreads (& Commission)
Cent $1 0.01 1:1000 1.3 pips
Mini $1 0.01 1:3000 1.3 pips
Standard $100 0.01 1:3000 1.1 pips
ECN Zero $500 0.01 1:500 0.4 + $5 / lot (round trip)


JustForex offers its clients a choice of several basic account types in order to suit the needs of traders of all levels of experience and preferences. All account types offer variable spreads and micro tradable lots, however spread amounts vary, as well as leverage levels. The tightest spreads are of course delivered on the ECN account, where a commission applies, while the other two account types are commission-free.


In 2017 the broker also launched a Cent account with leverage up to 1:2000 and average spread of 2 pips.

In addition, swap-free (Islamic) services are available for all account types upon request from clients who are not willing to earn interest for religious reasons. There are some restrictions on the opening of the Islamic accounts with this broker: only traders living in a country, where the official religion is the Islam, may transfer their accounts into the swap-free group.

Furthermore, unlike most brokers, who offer demo accounts for a certain period of time, JustForex provides free practice accounts with no time limits.

The Company. Security of Funds

JustForex is an offshore broker that is offering trade in a wide range of currency pairs and precious metals on the renown MetaTrader 4. This is a brand of IPCTrade Inc, which operates on the basis of international brokerage license, issued by the International Financial Services Commission of Belize (IFSC).

IFSC has very liberal control over forex brokers. It requires brokers to hold at least $100,000 net tangible assets, to keep client funds in segregated accounts, and report to the ISFC on a monthly basis. Unlike with the FCA and other EU regulators, regulated companies are not required to detail individual transactions, nor are connected to any compensation schemes.
To put it simply, when considering operating with Belize-regulated brokerages, traders should take into account that they will be receiving very limited regulatory protection and oversight.

We have to point out that despite the above said, JustForex currently is one of the most popular brokers in Asia and is one of the few brokers that offers Negative Balance Protection. This means that when negative balance takes place due to market volatility, it will be set to zero.

Trading Conditions

Minimum Initial Deposit
There is no minimum deposit on any account with this broker. Yet, in order to place an order, one has to deposit at least $0.5 for Classic accounts or $2 for the other two. These are symbolically low amounts, as most brokers require at least $100 – $300 from traders as a start. In comparison, another offshore broker, ForexBrokerInc, requires $100 from its clients as a minimum for all account types.

Average Spreads & Commissions
This broker offers floating spreads, which vary by account type: the ones on the Standard account type are averaged 1.3 pips for the EUR/USD pair, which is average; and the ECN spreads are pretty tight, averaged 0.4 + $2.5 for 1 lot, which means that trading costs on ECN account are around 0.9 pips, which is a pretty good deal, especially taking into account that ECN account is accessible for just $2.

In comparison, FX Choice, another Belize-registered broker, offers average variable spreads of 1.2 pips fo on its commission-free accounts and ECN spreads averaged 0.5 pips for the EUR/USD pair, involving a commission of $3,50 per lot per side. For further information, you may check out and compare real-time spreads of 15 leading brokers here

Maximum Leverage
The maximum leverage rates at JustForex are one of the highest in the forex industry, reaching 1:3000. In comparison, SVG-based OctaFX and ForexBrokerInc both offer leverage up to 1:500. More forex brokers offering leverage equal to or exceeding 1:500 can be viewed here.

Traders, however, should be aware of the risks associated with trading on margin – higher leverage levels may lead to losses, even exceeding initial investments. That is why many jurisdictions set limitations on leverage, which are considerably lower, for instance 1:50 in USA and Turkey.

Trading Platform

JustForex offers its services on the most popular platform among traders - MetaTrader 4. The MT4 is available as desktop version, mobile apps a web-based version.

This professional, fully-featured software provides traders with everything they need: fast order execution, a variety of technical indicators, linear instruments advanced charting package and the ability to develop and to use Expert Advisors (EA). There are many different time frames to choose from and you can place a trade with a single click or within a chart.

More brokers using the MT4 can be viewed here.

In 2016 the broker introduced trading forecasts, recommendations and analytics from Trading Central, available to clients who have made at least one deposit into their accounts. Those traders who have an account balance exceeding $100, are also entitled to access to the TC.Technical Analysis indicator from Trading Central. The trading recommendations and the analysis will appear directly in the dynamic graph window, where users can select the timeframe on their MT4.

What is more, JustForex provides Trading Signals via MQL5. All you have to do is create an MQL5 account, choose a successful signals provider and copy his or her orders.


Currently JustForex offers welcome on-deposit bonuses of 100% (up to $20 000) for deposits over $100.

Methods of Payment

Clients of JustForex are offered a variety of payment modes to choose from: credit cards, bank wire transfers, and the following e-wallets: Skrill, Neteller, WebMoney, QIWI, Perfect Money, China UnionPay, ePayments, DixiPay, OK PAY, Yandex, Bitcoin and others.
JustForex Prepaid card (or ePayments Prepaid MasterCard®) is also an option – a universal payment solution, which considerably simplifies the payments settlement between JustForex and its clients.


JustForex is a reputable offshore broker, offering competitive conditions for trading in a wide range of currency pairs and precious metals on the MT4 platform. ECN environment is accessible with very low deposit and the broker promises to zero out clients`negative balances. Its main disadvantage is the lighter regulation. To sum up the above:


Pros  Cons
MT4 available Light regulation
High leverage levels offered No choice of trading platforms
Competitive spreads No CFDs on indices & stocks
Negative Balance Protection  
Signals trading available  
No minimum initial deposit  
Bonuses available  


Latest news about JustForex
Broker Country Regulation Platform Min Deposit Review
$50 Review Website
US NFA, CFTC MT4 $250 Review Website
Cyprus, UK, Mauritius CySec, FCA, FSC MT4, MT5, Web $10 Review Website
Australia, Cyprus ASIC, CySEC MT4, MT5, Iress $100 Review Website
Cyprus, Australia CySec, ASIC MT4, MT5 $5 Review Website
UK, Australia, South Africa FCA, ASIC, FSCA MT4, Trading
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus, UK, South Africa, UAE CySec, FCA, FSCA, DFSA MT4, MT5, Web $5 Review Website
UK FCA MT5 $5 Review Website
UK FCA MT4, Web, MT4
for Mac
$100 Review Website

Traders` reviews for JustForex
















Price feed















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2 depo, 2 withdr

3 deposits and 2 withdrawals for 4 months, not bad for me, at least it’s transferred fast with neteler. I hope it will be still so when I’ll trade larger sums. For now everything’s okay

Ahmad Yusof 11/07/2017

new accs

I have a question about new accs - will my ECN become a new ECN zero or can I leave the old trading conditions? In general, I liked the old one but still thinking of whether I need to shift to that new acc

Robiansyah 06/15/2017


They are quite good, all the strategies are allowed, they don’t cancel profitable deals, and let me to withdraw money. I am glad that I can scalp as much as I want.

Shaari 05/10/2017

7 months of trading

I have been familiar with forex for a long time. I worked with different brokers, and I started trading with Justforex nearly 7 months ago. The broker is relatively young, but successful. I found nearly the most optimal conditions with them. There are no minimals, the spreads are adequate, the trading terminal operates without interruptions. Sometimes they offer interesting bonuses, and I try to participate in them

Hafiz 04/04/2017

A good broker to trade with

I was welcomed with this broker by a bonus with good conditions (it was withdrawable) the last year. I fulfilled its conditions and got my money. I was happy and decided to try working with them. During that year I wasn't disappointed. Sometimes I get slippages but the problem is in my internet connection, it’s very very bad sometimes in Indonesia. When I changed my provider, my work became more smooth. I close orders will small slippages and can do my hobby whenever I want. Thanks for your attention and for the work!

Win 01/19/2017

Good broker

I can’t say anything bad about the broker. The trading is convenient with standard conditions that are executed without any problems. I cash out the money almost every week and haven’t had any troubles.

Genry.Lil 03/25/2016

I’ve been trading with the broker around 5 months, and currently I use ECN account. It really makes me happy that they cash out very fast. If somebody doesn’t trust me, here is a screenshot to prove my words

mare 03/23/2016

The broker is excellent!

The broker is excellent! I don't really trade with him regularly, but he still deserves the praise. Despite being a young company, Just Forex is good at everything, starting from orders execution to money withdrawal.

ego 03/23/2016

For a newbie like me, it’s very important to have a feedback from the broker. Their educational system is very useful; they organize webinars where you can learn much stuff because the material is given in a way so everybody can understand. I’m not very successful at trading right now, but the broker seems to work without any problems.

dundi 03/12/2016


I started to trade with the company since last August and have never faced any problems throughout this period. Recently, I’ve been trying to promote their partnership program, and I hope it will go well because they offer great conditions.

scot 03/11/2016

JustForex is my first broker. I can’t see any differences between this one and others, but knowing the problems that usually occur, I can say that JustForex is deprived of them. I don’t have any profit or loss yet – I’m somewhere in the middle.

Zipo 02/28/2016


Thebrokerisexcellent.I’ve cashed out more than my initial deposit. That means that I’m trading with my profit. They’ve always cashed out fast.

Yoda 02/20/2016

Good Broker

A very good broker! Fast payment processing. Never experienced any problems. The best way to prosper for a company is through word of mouth and not filling the net with advertising

ahmad 06/03/2014

I have been working with them for about 3 months already. No complaints so far. Good execution, deposit via Neteller, good affiliate commissions, planning to continue working.

Syol 05/02/2014
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