JustForex – Minimum Deposit

JustForex – Minimum Deposit

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JustForex - Minimum Deposits

 

Overall Rating

4.4/5

Rated #72 of
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

FSA

📱 Trading Desk

MetaTrader 4

Crypto

Yes

📈 Total Pairs

90

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Our JustForex Minimum Deposit Revealed:

 

Minimum Deposit

JustForex has a minimum deposit requirement of $1.

 

The minimum deposit amount that JustForex 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.

 

JustForex 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, JustForex 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, JustForex claims that all withdrawals are typically processed within a business day.

 

Deposit fees and deposit methods

JustForex 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

JustForex 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 labeled “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

PROS CONS
Flexible funding methods are supported Deposit fees are charged
Several deposit currencies are accepted Offshore regulation
Client funds are kept in segregated accounts
Ultra-low minimum deposit requirement

 

You might also like: JustForex Account Types

You might also like: JustForex Demo Account

You might also like: JustForex Fees and Spreads

You might also like: JustForex Islamic Account

 

Overall Rating

4.4/5

Rated #72 of
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

FSA

📱 Trading Desk

MetaTrader 4

Crypto

Yes

📈 Total Pairs

90

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

FAQ

What is the minimum deposit required to open an account with JustForex?

$1.

 

How do you make a deposit and withdraw money with JustForex?

  • 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 JustForex charge withdrawal fees?

No, JustForex 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 JustForex website, the maximum processing time for withdrawals is within one banking day.