Overall Rating
- 4.4/5
Min Deposit
USD 10
Regulators
FSA, CySEC, FSCA, FSC
Trading Desk
MT4, MT5
Crypto
Yes
Total Pairs
260+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Minimum Deposit
JustMarkets has a minimum deposit requirement of $1.
The minimum deposit amount that JustMarkets charges depends on the type of account that traders register, but it typically ranges from between $1 and $100, or 15 ZAR and up to 150 ZAR, at the average exchange rate between the United States Dollar and the South African Rand.
JustMarkets is required to ensure that all funds are kept in segregated accounts with top tier banks, separate from the broker account and its operational funds. In addition to this, JustMarkets is required to ensure that these funds are only used for trading activities of the trader and that withdrawals can be done without delay.
To support this, JustMarkets claims that all withdrawals are typically processed within a business day.
Deposit fees and deposit methods
JustMarkets charges deposit fees of 1% on all cryptocurrency wallets and payment gateways. When traders pay the minimum deposit amount of $1, they can use any of the following payment methods:
- Credit Card
- Debit Card
- Skrill
- Neteller
- Perfect Money
- Sticpay
- Cryptocurrency Wallets
- Local Bank Transfers
- Local Bank Cards
- Local Bank Mobile Money options
- Fasapay
- Doku Wallet
- Nganluong
- BitWallet
When traders deposit the minimum deposit, they can use the following deposit currencies:
- USD
- EUR
- GBP
- SGD
- JPY
- ZAR
- AED
- BRL
- CHF
- MXN
- NGN, and numerous others
Step by step guide to depositing the minimum amount
JustMarkets supports the use of flexible deposit methods that can be used to pay the minimum deposit amount. Once traders have verified their trading account and it has been approved, they can log into their client portal and select “Deposit” from the menu.
Traders can then enter the amount that they wish to deposit, choose the account to fund, their preferred deposit method, and currency. Traders can enter the minimum deposit amount and choose the option labelled “amount to pay.”
This will calculate the exact amount that traders must deposit in their local currency to ensure that the minimum deposit is correct. Traders must select their deposit method carefully as this method will be the same used when they withdraw funds.
In addition, traders must use a bank account that reflects the name in which they registered their trading account because third party payments are prohibited.
Pros and Cons
Overall Rating
- 4.4/5
Min Deposit
USD 10
Regulators
FSA, CySEC, FSCA, FSC
Trading Desk
MT4, MT5
Crypto
Yes
Total Pairs
260+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
FAQ
What is the minimum deposit required to open an account with JustMarkets?
$1.
How do you make a deposit and withdraw money with JustMarkets?
- Credit Card
- Debit Card
- Skrill
- Neteller
- Perfect Money
- Sticpay
- Cryptocurrency Wallets
- Local Bank Transfers
- Local Bank Cards
- Local Bank Mobile Money options
- Fasapay
- Doku Wallet
- Nganluong
- BitWallet
Does JustMarkets charge withdrawal fees?
No, JustMarkets does not charge any withdrawal fees on any of the payment methods. However, when traders use cryptocurrency wallets, they may be subject to a blockchain fee.
How long does it take to make a withdrawal?
According to the JustMarkets website, the maximum processing time for withdrawals is within one banking day.
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