Just2Trade is a Scam? Stock Market Broker Reviews

On the downside, our research has revealed that swap-free accounts are not available. The broker is also a member of the Investor Compensation Fund, which protects clients with compensation of up to €20,000 in the case of an unresolved dispute with the brokerage. Any stock that is hard-to-borrow must be requested through chat or over the phone. If you need to locate a hard-to-borrow stock, Just2Trade will try to find it for you over the phone. The broker does not accept short orders for stocks priced under $3. Strangely, I was not able to delete a stock after adding to a list.

Company information

I took a chance on Just2Trade after a friend recommended them (so far I’m glad I did). I was looking to dip into IPOs without needing a huge capital layout, this was one of the few brokers I found letting you in with $1000. And yep, ofcourse there’s a fee (4%), which I initially thought was steep, but after comparing it with couple of other brokers, it’s actually reasonable. Execution’s quick and the demo-to-live account transition is painless. I’ve tested a few different brokers over the years, and for the price, Just2Trade is legit. ForexBrokersOnline.com is committed to helping traders find the right forex broker for their specific requirements.

They include both brokers allowing clients to open real and demo accounts. Customer support takes the needs of the clients very seriously. The professional and dedicated customer care team offers customers the support they need around the clock excluding holidays.

Stocks

After you got sure that the platform operates well, studied its capacities, tested strategies and banked on here more than once, you may switch to a real account to get the real money. You can get acquainted with all the methods and commission by the link. Just2Trader, the deep discount broker, has throughout the years been awarded and recognized for its contributions to the online brokerage industry.

Prior to making any decisions, carefully assess your financial situation and determine whether you can afford the potential risk of losing your money. There are no minimum deposit or withdrawal limits for bank wire transfers. Deposits are processed within one business day while withdrawals can take up to 3 days.

• Based on our tests, Just2Trade is an excellent broker for active forex traders.
• Hence, it’s crucial to assess a broker using a variety of criteria before choosing one.
• In Russia Just2Trade provides services on behalf of the FINAM brand.
• The forex market is incredibly volatile and confusing, to a large extent, and even seasoned traders sometimes struggle to make headway in it.

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The broker offers a complete gamut of financial services that include FX, stocks, bonds, futures and options. Besides providing direct market access (DMA), low commissions, the multi-regulated brokerage provides a modern high-speed infrastructure for instant trade execution. Just2Trade has over 155,000 clients from over 130 countries.

Our widgets highlight authentic customer feedback, boosting credibility. They link directly to your review page, making it easy for customers to share their experiences—so place them where happy clients can see and contribute. Just2trade is also a member of the investors’ compensation fund, which exists to assist a trader in getting back his money in case of a broker’s bankruptcy. One can confidently say that the broker has yet to conquer its audience, which means that there will be more comments about it, so making exact conclusions about it is early now. In 2015, it was acquired by the holding company of Finam, which enabled traders to invest in world markets, having only $ 200 on their account.

Started with $1k for IPO access

It has strong regulatory credentials, other positive user reviews, and has received a number of industry awards. It is useful if you don’t have the time or knowledge to make your own trades, though there is no guarantee you will make money. J2T Copy is also available with a low minimum investment of $100, making it accessible to beginners. This means the broker effectively acts as a middleman to give traders access to the forex market.

I was disappointed in the lack of equity trading on this platform, however. As the name implies, it has fewer features and would be good for someone who primarily trades from charts. The first platform I took for a test drive was Just2Trade +. This is browser-based, but nevertheless incorporates some powerful features. There is also a trade ticket, which offers market and limit orders on close. The duration of an order can be set to day, GTC, or extended hours.

• Just2Trade is a reasonable forex broker for beginners, but not the best we have tested.
• To neutralize the above negative comment, another trader praises Just2Trade for helping the trader understand some complicated issues that are related to trading.
• Many brokers don’t offer trading in futures, so the brokerage firm would also be ideal for traders who are interested in commodities or cryptocurrencies.
• This cause the brokerage to charge a fee for the above-named services.
• And now let’s look at how scammers act, they are also called kitchens.

With more than 30,000 instruments spanning 20 global markets, J2T offers the full liquidity of US stock exchanges across 7,000 just2trade review securities. Looking at the negatives, Just2Trade scores poorly when it comes to education, reducing its suitability for beginners. We are also disappointed by the deposit and withdrawal fees, which can be avoided at other forex brokers we use.

They value customer satisfaction hence ensuring fast responses to traders to their technical queries, trading queries, and payment queries. All this information is available for study on the broker’s official website at any time, but you’d better do it before you register a real account. The broker belongs to the financial company Just2Trade Online Ltd (this brand is known since 2006), which provides a wide range of investment services. The brand is widely represented all over the world, having several projects with individual trading platforms. Broker offers professional customer support around the clock. The broker’s customer support service starts with a hugely comprehensive FAQ section that tries to answer most of the common platform user queries.

Just2Trade would be a good choice for investors who place a lot of trades every month and want low commissions for these transactions. Many brokers don’t offer trading in futures, so the brokerage firm would also be ideal for traders who are interested in commodities or cryptocurrencies. Our review indicates that the brokerage and its trading platforms feature a host of market analysis tools to trade. There also are a host of educational, research, and news resources to help both beginner and expert traders understand and navigate the stock markets. The account is for professional traders under the MT5 platform. The trading platform comfortably accommodates high volume traders.

I like the variety of payment methods supported by Just2Trade, making the broker easy to use. Accepted funding methods depend on the account type you pick but they include bank wire transfer, credit/debit card, Neteller, Skrill, PayPal, Klarna, FasaPay and other digital wallets. I was looking for a broker that supports Sterling PRO, and J2trade delivered. Setup was quick after funding the required minimum, and connectivity for my automated strategies has been reliable.