Forex JustForex Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.5

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.7

Business 1.0

Risk Control 1.3

Software 2.0

Regulatory 1.5

Terminal Snapshot

JustForex Trading Conditions

Registered Region Seychelles

Operating Period 5-10 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email support@justforex.com

Contact Number +37167881045

Website justforex.biz

Balanced Review

Pros & Cons

Pros

Regulated by the International Financial Services Commission (IFSC) of Belize
Diverse range of trading instruments including 80+ forex pairs, commodities, indices, stocks, and cryptocurrencies
Trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5)
Various account types with low minimum deposits starting at $10
24/7 customer support available in multiple languages

Cons

Limited regulatory oversight, governed by a single authority
U.S. traders are not accepted
Restricted selection of financial instruments compared to larger brokers
Occasional negative user reviews regarding withdrawal issues
Lack of extensive educational resources for traders

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	JustForex	ZFX	WisunoFX	AvaTrade
Operating Period	5-10 years	See review	See review	See review
Region	Seychelles	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.5/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does JustForex Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Standard Account	Beginners and experienced traders	No commissions, tight spreads	Minimum deposit of $10
Pro Account	Experienced traders	Low spreads, no commissions	Minimum deposit of $200
Raw Spread Account	Scalpers and day traders	Very low spreads with a commission per lot	Minimum deposit of $200
Cent Account	Beginners	Micro lot trading for comfortable start	Minimum deposit of $10
Islamic Account	Traders seeking swap-free options	Compliance with Sharia law	Available for Standard, Pro, and Raw Spread Accounts

Account Opening Process

To open an account with JustForex, potential clients need to submit personal, employment, and financial information. This includes identity verification documents such as an ID and proof of address. The process is designed to be straightforward, allowing for account flexibility, such as the option to upgrade to a professional account in the future if desired.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (Major Pairs)	0.8	$0 (ECN: $3.5/lot)	Tight spreads for major pairs
Forex (Minor Pairs)	1.2	$0	Competitive pricing
CFDs (Stocks)	Varies	$3 per lot	Based on stock volatility
Indices	Varies	$3 per lot	Depending on market conditions
Commodities	Varies	$3 per lot	Market-dependent spreads
Cryptocurrencies (BTC/USD)	1.0%	0.1%	Variable depending on volatility

Other Fees

JustForex may charge additional fees including deposit and withdrawal fees, which can vary depending on the payment method used. Inactivity fees may apply if an account remains dormant for a specified period. There may also be overnight interest rates (swap rates) for positions held overnight, and currency conversion fees could apply when trading in different currencies.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

JustForex User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

Michael Smith

New York, USA

★ ★ ★ ★ ★

I had a terrible experience with JustForex. After depositing a significant amount, I faced numerous issues trying to withdraw my funds. Customer support was unresponsive, and I felt completely ignored. I wouldn’t recommend this broker to anyone looking to trade safely.

Sarah Johnson

Toronto, Canada

★ ★ ★ ★ ★

I was initially attracted to JustForex due to their low minimum deposit and range of account types. However, I encountered several problems with withdrawals taking much longer than promised. I eventually received my funds, but the stress was not worth it.

David Lee

Sydney, Australia

★ ★ ★ ★ ★

JustForex has proven to be a solid broker for my trading needs. The MetaTrader platforms are user-friendly, and I’ve had a positive experience with fast execution times. While there have been minor issues, overall I’m satisfied with their service.

Emily Chen

London, UK

★ ★ ★ ★ ★

I’ve been trading with JustForex for over a year now and have had a great experience. The variety of trading instruments and the ability to trade both on desktop and mobile has been fantastic. Their support team is also very helpful whenever I have questions.

Seychelles Market