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.