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broker reviews
JUST2TRADE

JUST2TRADE
About company:

Just2Trade is a Cypriot broker that you can work with on the world markets.

 

history of the company

Just2Trade Online Ltd is a Cyprus-registered company that was acquired by the Russian holding FINAM in 2015. In Russia Just2Trade provides services on behalf of the FINAM brand.

 

Initially, the Just2Trade brand, along with LowTraders, belonged to the Internet broker Success Trade Securities, headquartered in Washington. And then both companies were bought out by WhoTrades, Inc., part of the FINAM group of companies. The deal strengthened FINAM's position in the investment services segment in the US market.

 

Fund security

Today Just2Trade has changed its registration address to a European one and belongs to Just2Trade Online Ltd, which is licensed by the Cyprus Securities and Exchange Commission No.281 / 15 dated 25/09/2015.

 

Cyprus has long been known as a financial center with a convenient taxation system, therefore it is popular with brokers. However, getting a CySEC license is not easy. Companies must have at least € 730,000 in their accounts, must regularly report on financial transactions, keep customers' money in segregated accounts, and be prepared for sudden checks. Moreover, due to the fact that every broker licensed by CySEC is required to join the Investor Compensation Fund, every trader who invested money can expect to receive payments in the event of a broker's bankruptcy.

 

Just2Trade has over 400,000 client accounts around the world.

 

Trading conditions

Just2Trade provides clients with a full range of services for working in the international financial markets, including trading in currencies, stocks, cryptocurrency, futures, options, CFDs.

 

The company has three accounts: demo, Forex, World.

 

To work on Forex, the broker provides two main accounts: Standard and ECN.

 

Minimum initial deposit

The minimum deposit is $ 100 for standard Forex accounts, $ 200 for ECN Forex accounts.

 

Spreads and commissions

Just2Trade provides comparatively low variable spreads, averaging about 1 pip in EUR / USD on no commission accounts and about 0.4 pips on ECN. If we add a commission ($ 6 for both sides) to the ECN spreads, then the trading costs per lot for different account types will be the same.

 

Leverage

The maximum leverage is up to 1: 500. Please note that the broker charges an additional commission for borrowed funds when trading some assets.

 

Trading platforms

Several trading platforms are available for trading: MetaTrader4, MetaTrader5, TradeX Lite, Transaq MMA, J2T Europe, CQG, ROX.

 

Through the world famous MT4 terminal, a trader can use more than 50 built-in indicators, charts, advisors and create their own experts. The next version of the MT5 platform is rapidly gaining popularity among traders. In addition, the creators of both MetaQuotes platforms have announced that they will no longer release updates for MT4. All of this is done to ensure that MT5 replaces its predecessor. And this platform has every chance to do it! The terminal has more advanced functions and trading capabilities.

 

Transaq MMA is a terminal for professional trading in international financial markets. Available for MMF accounts.

 

TradeX Lite offers modern technical analysis tools.

 

Analytics and news

The broker has a section "Analytics", which offers the latest news, economic calendar, subscription to analytical reviews.

 

Significant services

A single MMA trading account gives you access to the exchanges in the US, Europe and Asia from a single account. Such an account can be opened in rubles.

 

Just2Trade is a trustee in the North American and European equity markets.

 

Robo-advisor is an automated investment advisor that provides financial advice with minimal human intervention.

 

Support service

Support works by phone and mail, you can also leave a voice request. Oddly enough, but such an advanced broker does not offer instant messengers or online chat for communication.

 

Ways of payment

The broker offers a variety of payment options. You can get acquainted with all the methods and commission by the link. Please note that payment methods vary by account type.

 

Criticism of traders

On the net, traders most often complain about the weak customer focus on the part of Just2Trade. The support service does not seek to solve the trader's problem, the company dictates its rules to clients and leaves no opportunity to challenge them.

 

Pros:

 

MMA account; selection of trading platforms; a large selection of assets for trading.

 

Minuses:

 

high spreads on ECN accounts; support complaints.

 

 

JUST2TRADE is a brokerage company whose task is to provide intermediary services to traders. Brokers provide access to currency trading in the first place. Many of them also provide an opportunity to transact with company stocks, bonds, commodities, precious metals, indices, cryptocurrencies and other assets. A private person can make transactions with all these instruments only on the trading platform, which the broker provides access to.

In addition, thanks to the brokerage company, an individual can operate on the market with amounts that significantly exceed the size of their own funds. This is called providing leverage. For example, having a deposit of 1,000 USD with a 1: 400 leverage, a trader can make deals for 400,000 USD.

The broker also opens access to analytics, auxiliary tools, and trading signals. Modern trading is impossible without all this.

What is the benefit of a broker?  

 

The broker JUST2TRADE makes profit from traders' transactions, as a rule, in two main ways.

The first is the most common. Using spreads. This word refers to the difference between the best prices for buying and selling a particular asset at a particular moment. Moreover, in a transaction between a trader and a broker, the price is one, and between a broker and users of the Forex market - another. The mediator takes the difference for himself.

The second way is easier to understand. This is the collection of a commission for each transaction performed. Most often it has a standard value, but it can be measured as a percentage.

Thus, the brokerage company is interested in attracting as many clients as possible and for them to conduct active trading.

 

Ways to cheat customers  

 

We have found out how honest brokers should work and how they work. Now let's look at how scammers operate, they are also called the kitchen.

The most common way to cheat is to tweak quotes. The broker provides the trader with quotes that differ from the real market ones. Data substitution occurs in order to make operations unprofitable. The deposit is reduced, and then completely zeroed out. At the same time, the trader thinks that his operations were carried out in the market, but in fact - only on the site of scammers.

Bonuses are traps. They are generously distributed for anything: for registration, account replenishment, etc. Only after that, in order for the client to withdraw his own money, mixed with bonus money, it will be necessary to fulfill a number of virtually impossible conditions. For example, conduct trading operations for an amount tens of times greater than the size of the deposit.

In the User Agreement, a clause can also be disguised that allows the broker to manage the client's money. Inattention when reading such an agreement most often turns into a complete loss of the deposit.

 

Where are brokerage companies registered?

 

One of the key points is the place of registration and regulation of the company's activities.

Let's talk about registration first. As a rule, brokers from either their own country or from an economically developed country, for example, a member of the European Union, are more credible to traders. Of course, compliance with UK legislation is reassuring, and compliance with the legislation of an unknown island in the Indian Ocean does not mean anything to most.

However, most brokerage companies are registered offshore. And it's not only about small offices, but also about world leaders. Saint Vincent and the Grenadines, Belize, Marshall Islands, Mauritius are offshore zones popular among brokers. By registering there, companies pay significantly less taxes than in the place of actual location, which is sometimes carefully hidden.

If a trader has any claims against such a company, then it is likely that he will have to deal with it in accordance with the legislation of that very conditional Belize. It is possible to be physically present there at the court sessions. And this is extremely expensive and difficult.

But is it worth running like fire from just the word "offshore"? As an answer, we will give the names of companies that are not related to brokerage, but with an impeccable reputation and also save on taxes through offshore registration: Apple, Pfizer, Microsoft, General Electric, Intel.

And here we come to the second important point - this is the regulation of the broker's activities. First of all, it is carried out at the level of the state where the company is registered. Each country has its own regulatory body for brokerage activities. So, in Russia it is the Central Bank of the Russian Federation. A trader can find permissive documentation on the websites of such bodies. But there are also supranational structures. For example, the International Financial Commission (The Financial Commission), which is an independent self-regulatory organization,   considering disputes between its members - brokers and their clients.

If the broker's website does not contain information about the regulation of its activities, then these are almost certainly scammers. Or the site contains information about a certain license issued to him, but this information is not confirmed anywhere else. Most likely, these are also scammers.

 

What else to pay attention to?

 

When choosing a brokerage company, study its history. Check out the links to her experts. If one of the leading TV channels in economic news for 5 years in a row refers to the opinion of the analyst of the broker in question, this is good. If a broker claims to have been working for 15 years, but there is no information about him on the Internet at all, this is bad.

It's important to pay attention to company reviews. And read them not only on the website of the broker itself. In the kitchen, they will probably only be laudatory. It is best to browse as many sites as possible.

Pay attention exclusively to the specifics in the offers on the brokers' websites. Honest companies openly write about interest, spread size, minimum deposit, etc. Fraudsters lure with loud, streamlined phrases about a rich tomorrow, stable income, misleading with incomprehensible terms about multi-sites, super functions, and so on.

Find out the company's connection with well-known brands, financial institutions, public organizations. For example, it can be sponsored. Large brokers sometimes hold social promotions. Fraudsters will definitely not do this.

Thus, the process of choosing a broker is complex. But if you approach it carefully, it will allow you to enter the world of trading, which has made millions of people rich all over the world.

FAQ - broker questions

  • 1. Do the trader reviews impact on a rating of JUST2TRADE ?

    Any feedback can raise or lower the rating company. To read reviews, go into the rating and select your broker.

  • 2. How to leave a comment about JUST2TRADE on the website 4ex.review ?

    In order to leave a review about the broker, go down page, enter a valid email and Your review with an overall score. Reviews are moderated and tracked by the number of comments from the same IP or email. Tech support may request the actual documents that prove that the user was or is a customer of the broker. This rule applies to negative and positive reviews. We want our portal to be honest and independent.

  • 3. Can we assume the broker JUST2TRADE decent?

    Before any trade and choosing a broker You must always read reviews on this site and on other sites. Brokers who are honest, have a rating of above 3.8. Also there is always the risk of loss when trading CFDs. Be careful and read the disclosure on the website of the broker. JUST2TRADE received a score of 1 of 5 on our resource.

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