It’s important to note that bonuses and promotions often have specific time limits and conditions. Traders should carefully review these before participating in any promotional offers. We will make sure to update our articles with the latest offerings of the broker. Just2Trade provides massive in-house research for registered clients and via well-trusted third-party provider Trading Central.
Can arbitrage be illegal?
Arbitrage trades are not illegal, but they are risky. Arbitrage is the act of taking advantage of a discrepancy between two almost identical financial instruments. These are typically traded on different financial markets or exchanges. It happens by buying and selling for a higher price somewhere else simultaneously.
Just2Trade was founded in 2007 and obtained its CySEC license in 2015. It segregates client deposits from corporate funds and offers negative balance protection in its standard trading accounts for retail traders. It complies with ESMA guidelines and MiFID II, and the Cyprus investor compensation fund protects deposits up to 90% with a €20,000 limit. My review did not uncover misconduct, scam, or fraud, and I confidently rate Just2Trade as a legit and safe Forex broker.
Both platforms, MT4 and MT5, are available for desktop as well as mobile versions, Android and iOS, for use on smartphones and Tablets. If you have any questions related to working on the site, please contact specialists who will advise on the investment products of the organization and tell you about their features. The editorial board of the Rating Brokers website is not responsible for the content of user comments. All responsibility for the content of the comments rests with the commentators. Reprinting of materials is possible only with the permission of the editorial board of the site. In addition, the broker WhoTrades is a member of SIPC insurance organization, therefore all deposits are insured for $ 500,000.
That said, many users believe that KuCoin is one of the simpler exchanges on the current market. The core trading environment is solid, except for above-average trading fees, which I rate as the primary reason I cannot recommend this broker despite numerous bright spots. Geographic restrictions apply, and the deposit and withdrawal screen will only list the ones available to traders. Traders should consider potential currency conversion fees and third-party payment processor costs. The name on the payment processor and Just2Trade account must match, as third-party payments remain prohibited by AML rules.
Company Information
Withdrawal of funds from MMA is performed through a Bank ACCOUNT, Neteller, China UnionPay, Skrill (Moneybookers) and Bank transfer. On all trading accounts of the company Just2Trade Online Ltd, including MMA and Forex have demo accounts where you can try all the features of real accounts. This company offers lucrative and suitable Options contracts on various financial assets across several markets to meet all trading preferences. The traders can access the provided Options contracts via highly developed and secure trading platforms with fast performance and real-time quotes.
Is forex trading profitable?
Forex trading can be profitable but it is important to consider timeframes. It is easy to be profitable in the short-term, such as when measured in days or weeks.
Just2Trade Account Opening and Verification Guide
Just2Trade offers MT4/MT5 trading platforms, which fully support algorithmic and copy trading. Trader may use customizable desktop clients, lightweight web-based alternatives, and user-friendly mobile apps. MT4 remains the industry leader with 25,000+ custom indicators, plugins, and EAs, but the quality upgrades are not free.
Trading Rules with Just2Trade
Please note that actual trading fees are significantly higher. During my review, the average spread for the EUR/USD ranged between 1.0 and 1.3 pips. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Just2Trade is an established Europeanonline discount broker offering its services to clients in more than 130countries since 2016.
- In case of disputes, the client can contact the support service.
- By understanding the features and benefits of each platform, you can select the one that best aligns with your trading goals.
- Leave your feedback FINAM and share experiences on working with the broker.
- The editorial board of the Rating Brokers website is not responsible for the content of user comments.
- The fee that you’ll have to pay to a certain exchange for withdrawing your earnings from your account.
They offer toll-free phone service, email service, and a live chat bot. Because of their standing as a super discount broker, it would be unreasonable to expect Just2Trade’s research suite to stand up to a research-heavy broker like Fidelity. Additionally, this broker is more marketed to the self-directed trader who likely has their own research sources they pull from. With that being said, Just2Trade’s research offerings are very weak compared to the rest of the industry. In addition to Just2Trade’s platforms, they offer premium platforms, which they seemingly price in a discretionary matter.
- From MT5 Global to the Standard Account and the ECN variant, Just2Trade provides diverse options tailored to individual needs.
- Despite these affiliations, our content remains unbiased and independent.
- While thebasic desktop CQG platform is free, there are charges for upgraded features anddata packages.
- The Forex ECN and MT5 Global accounts have brokerage fees of USD 3 per lot operated and USD 2 per lot operated respectively, apart from the spread.
- These accounts have variable spreads from 0.0 pips and trading commissions from $2 per lot.
Headquarters Just2Trade Online Ltd is located in the centre of Limassol, which is the tourist and business centre of Cyprus. Unfortunately, the product or service you’re trying to access isn’t suitable for your country. The US branch of this company is regulated by Financial Industry Regulatory Authority (FINRA) and Securities Investor Protection Corporation (SiPC). Just2Trade was established back in 2007 and since then had been serving 155,000 clients across 130 countries. However, this broker’s low Trustpilot rating (2.5/5) and limited worldwide availability (only 33 countries) make it not the best option for everyone. The secure Just2Trade back office handles all financial transactions for verified clients.
Since 2010, the company has positioned themselves as the value brokerage. In this review, we’ve taken a look at whether a low fee broker can still provide a high quality service. In comparison with its Russian competitors, Just2trade offers slightly better trading conditions, especially https://traderoom.info/just2trade-forex-broker-overview/ in terms of minimum deposit.
Is Forex Trading unpredictable?
Forex Trading, when done correctly can be somewhat predictable. Market trends, indicators, news, and market sentiment provide a measure of Forex predictability. This is why analysis is important before entering a trade.