Minimum withdrawal amounts also apply to certain processing methods. Importantly, these times and minimum requirements are in line with most of the industry. There are usually no deposit fees but banks may charge a third-party fee for wire transfers. Deposits to the ECN account may also be charged a commission of up to 3% (apart from Litecoin deposits, which remain at zero commission). Currency conversion fees may apply if the currency in your bank account or on your card is different from the base currency of your Just2Trade account. MetaTrader and CQG have intuitive mobile apps that Just2Trade clients can access for free.
- Brokerage commission equals 0.006 USD per share on US stocks and commissions start from 1.5 USD per trade.
- I like how there is no dealing desk intervention as this can prevent there being a conflict of interest as there can be when using a market maker broker.
- Traders have access to metals, oil, index CFDs and 47 forex instruments.
- They have plenty of experience and are regulated which gives me the peace of mind that I can trust them for my daily trading activity.
- Incorporated in 2006, Just2Trade is an online brokerage launched by Success Trade Securities.
The desktop platform I use for complex chart analysis and auto trading. The trading apps are ideal for me to take the markets with me in my pocket and get price alert notifications. In another attempt to understand the services and standards of Just2trade as a brokerage service, it is important to do a comparative analysis of Just2trade with other trading platforms. This procedure will help readers to have a better insight into the pros and cons of Just2trade as a brokerage company in the financial markets. The users can then either use the demo account and access all the trading tools and features offered by the broker on their trading platform.
Compare Just2Trade with Other Brokers
The information is divided by tabs (2), which correspond to the account type. A manager called us within 20 minutes, we discussed all issues and questions and our account was verified in an hour. This is one of the best results in terms of quickness of account opening among the brokers with European regulation.
Also, the broker allows the address registration stamp in a national passport as proof of residence. This is relevant for the citizens of the countries, where address registration is mandatory by the law. Then, the system will copy trades based on the original strategy to the customer’s account, charging a percentage as a commission for the strategy manager. The selection is impressive and it makes Just2Trade stand out among the competitors. Degiro does not offer any similar products, while Swissquote only has Robo-Advisor (minimum 10,000 CHF) and Theme trading.
Just2Trade Customer Service
The brokerage is secure and reliable, and is certified in the US, EU, and UK. The commission fees are very low, and you’ll also be able to use the platform on all of your main devices (mobile, desktop, the web). User Just2Trade reviews will tell you that the platform in question is surely among the better options as far as cryptocurrency purchases are concerned. While J2T doesn’t primarily deal in crypto assets, the brokerage has all of the necessary features that you would expect out of a high-end exchange, and should thus suit most users’ wants and needs. Also makes it possible for its clients to invest and trade more than 3,000 mutual funds listed on its platforms.
Our Review Method
Citizens of other countries can also open accounts on Just2Trade provided that the broker complies with the laws and regulations of such countries. There is exhaustive information about the restrictions on the website of the Cyprus regulator, as the source. At the time when this review was being prepared, citizens of 30 European countries could open an account with the broker.
Moreover, another positive aspect of Just2trade is that it is a regulated and licensed firm with EU authorization for the security of customers’ funds. A major part of any broker’s legitimacy and reliability depends upon the legal just2trade forex broker framework it follows. Hence, Just2trade can be said to be a trustworthy name when it comes to legit online brokers. Ryan is a day trader with over a decade of market experience ranging from basic investing to active day trading.
Besides, Just2Trade is a member of the Securities Investor Protection Corporation (SIPC) and the Investor Compensation Fund (ICF). So, if the broker fails to settle claims of investors or folds up, they are secured up to $500,000 and €20,000 correspondingly. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. Type “Just2Trade online LTD CySEC” into Google, and the broker’s accreditation will appear.
Just2Trade Review: CONS
We are also a community of traders that support each other on our daily trading journey. Brokerage commission equals 0.006 USD per share on US stocks and commissions start from 1.5 USD per trade. Just2Trade is a financial services provider operating globally and the broker is regulated in Cyprus. The company was founded in 2007 and since then has managed to attract 155,000 active traders from 130 countries. To be fair, that is likely because of the fact that J2T CryptoExchange isn’t primarily a cryptocurrency exchange, but rather a stock-and-other-asset brokerage.
TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. Some payment systems may have transaction limits, restrictions, and requirements which are indicated on their respective websites. You may need to verify your account to remove limits on particular methods in some countries. All funds deposited into your trading account must be under the same name as your Just2Trade trading account. Robo-advisor is a globally recognised service that aims to help traders using modern technologies.
This makes it attractive for using medium-term trading strategies. For long-term investment, many professional traders choose trading towards positive swaps. For better understanding, let’s see how much a trader will have to pay for a $5,000 lot of US, UK and German stocks on the platforms of Just2Trade, Degiro and Swissquote.
When we compare Just2trade with Roboforex, there are many differences. First is that Roboforex has a high commission rate of $ 20 whereas Just2trade works on a very low commission of $ 3, this makes the latter more cost-effective than the former broker. However, the minimum deposit requirement of Roboforex is quite less which is $ 10 whereas for Just2trade it is $100 making it an affordable broker.
Overnight funding fees, alongside other potential transaction-related fees, require detailed exploration on the Just2Trade platform to determine their precise nature and applicability. Investing.co.uk has been helping British traders find the right broker for over 20 years. While it is disappointing to see the company isn’t regulated by the FCA, the CySEC is still a trusted financial agency and its license is a promising sign that Just2Trade is legit.
After testing it out for a while, I thought this was the most sophisticated software in Just2Trade’s portfolio. This broker also offers the following trading assets, shares, cryptocurrencies, futures, options, CFD, and Eurobonds. The broker has a trading portfolio of 26 major and minor currency pairs.