If you want to start your forex trading career through JustForex, you must need authentic information regarding the broker. JustForex is one of the big names in forex trading brokers.
It offers various types of accounts, so it gives you an opportunity to go for the account type that is most suitable for you. Delve into the article to know more details regarding the JustForex.
Regulation of JustForex
JustForex is a legit broker as it has the license from the Financial Services Authority or FSA. In addition, millions of clients trust this platform throughout the world. JustForex also provides a negative balance, and there is no involvement of a third party; therefore, all of your data will remain safe.
Minimum Deposit of JustForex
The hotforex minimum deposit varies depending upon the type of account you have chosen. Here we are going to enlist the minimum deposit of all the accounts offered by the JustForex.
Raw Spread $100/R1600 ZAR
Standard Cent $1/16 ZAR
Does JustForex provide Demo Account?
Yes, JustForex offers a demo account. The aim of a demo account is to help you in understanding forex trading. The demo and real account are quite similar to each other. But in the case of the demo account, you use virtual money, and hence there is no risk involved.
JustForex Account Types
JustForex Standard Cent Account
JustForex Standard Cent account is an excellent choice for beginners because it is created by keeping in mind the newbies. After getting experience from the demo account, it is good to go for this account type.
JustForex Standard Account
Most of the clients prefer to opt for this account type. There is no commission in this account type, and the spreads begin from 0.3 pips.
JustForex Pro Account
If you are a professional forex trader, it will be a frivolous choice to choose this account type. In this account type, the leverage is high, and the spreads are tight. Moreover, you can say there is no commission.
When it comes to the trading instruments, JustForex offers an extensive range that includes metals, commodities, and 50+ currency pairs.
JustForex Raw Spread Account
Another account type offered by JustForex is the Raw Spread Account. It is a good choice for forex traders who like frequent intraday inputs and outputs and work on short timeframes.
In the Raw Spread account, the spreads start from 0.0 pips. Moreover, there is no commission in this account type.
JustForex Islamic Account
According to the principles of Islam, the interest or swap is not permitted; therefore, the Muslims can convert their account to the swap-free by asking the help desk of the JustForex Broker.
To sum up the discussion, we must say that if you want to open an account with the JustForex broker, then it is imperative to know the details regarding the Account types. Therefore, we are helping that details mentioned in this review article will surely prove helpful to you.