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JustForex Broker Review 2018

JustForex is an online broker from Belize whose foundation stone was laid in 2012. JustForex is now making a name for itself in this country too - and the company seems to have succeeded in doing so thanks to its attractive offer: Clients of JustForex can choose between trading on different market models and follow Forex trading at a spread of 0 pips or more. Of course, JustForex also offers a customer-friendly demo account - as well as a comprehensive analysis service for advanced traders and training opportunities for beginners. In the JustForex review we took a close look at the broker's offer - and in the process we were able to uncover one or two weak points.

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In the JustForex review we could identify many advantages, while the disadvantages are rather manageable. For example, JustForex offers four different account models, all of which offer different order executions: From classic market maker trading to NDD or ECN trading, various options are available.

The conditions and the offer also prove to be customer-friendly: Trading of around 90 different currency pairs and some commodities takes place at a spread from 0 pips via the MetaTrader 4 or the WebTrader of the broker. Customer-friendly and changing bonus offers as well as an unlimited demo account round off the advantages optimally. Most traders are happy to ignore the fact that the website is not yet available in German.

For most traders, the conditions in Forex Broker Comparison are of the utmost importance - after all, spreads and commissions decide how high the profit is and whether a profit can be generated at all. The JustForex broker review 2018 shows that the online broker's clients can trade from a spread of 0 pips and use a maximum leverage of up to 2000:1. This makes JustForex undoubtedly one of the brokers with the highest maximum leverage - and this can offer advantages and disadvantages. After all, traders can trade this way with 2,000 times the stake, which results in correspondingly high profits - however, correspondingly high losses are also possible within a short time.

With the Classic account the variable spread starts at 2 pips, with the NDD account at 0.8 pips and with the other two accounts trading is already possible from 0 pips. For this purpose, a commission is calculated instead of the spread: For the ECN account, this commission is $2.50 per lot and 0.15% for the BitCoin account. The record leverage of 2000:1 is only expected by traders in the Classic account - for the other accounts the maximum leverage is 500:1 and 5:1 for the Bitcoin account.

Security also plays a particularly important role in the search for the best broker 2018. This primarily includes the regulation of the company in question. EU authorities such as the German BaFin, the British FCA or the Cypriot CySEC have proven to be particularly trustworthy. In the JustForex review, however, we have to note that the Belize company is not regulated by any of these authorities - instead, it is regulated by the Belize International Financial Services Commission (IFSC).

While regulation is not entirely convincing, JustForex cannot cause storms of joy because of the lack of information on deposit protection. A positive aspect of the JustForex broker review 2018 is that the Belize-based company is a forex broker with no obligation to make additional contributions, which protects clients from a negative account balance. Data transfer is also protected by SSL security, while customer data is secured on the basis of the PCI DSS security standard. Finally, a multi-level server system ensures security as well as encryption of the stored customer data.

In the JustForex broker review 2018, we found that the company is convincing in many areas. Last but not least, this includes the free and non-binding demo account provided by the Online Broker: Beginners, advanced users and even professionals can use the JustForex demo account, which is available indefinitely. When opening an account, customers can specify the account model they want to use - as well as the leverage and balance. The customer may determine this at his own discretion - however, he must bear in mind that it is not possible to recharge the capital. If the money is used up, the customer can open a new demo account instead.

In the JustForex review, it is particularly advantageous that the company provides its clients with a demo account - after all, the risk-free accounts with the virtual capital are useful for traders of all levels of experience. This allows beginners to use the demo account to take their first steps in Forex trading, while advanced traders can test and develop trading strategies without losses using virtual capital. Even professionals can benefit from a demo account that allows them to test previously unknown features of the trading platform.

Mobile trading has never been as popular as it is today: you always have your smartphone or tablet with you anyway - and what could make more sense than using every trading opportunity, tracking current price trends and placing limit orders while on the move?

Although this is also possible from the mobile browser, mobile trading apps usually offer more functions and a more user-friendly interface. In the JustForex broker review 2018, it is therefore particularly advantageous that the Belizer Online Broker also enables its customers to trade on the go: JustForex customers can download MetaTrader 4 as a mobile trading app for iOS and Android and log in here with their customer data. This allows traders to trade on the go with user-friendly software and take advantage of suitable trading opportunities immediately.

Forex brokers are no longer limited to providing their clients with a trading platform for Forex trading - practical educational and service offerings are also a must. JustForex therefore also provides its clients with a training section that includes written guides and information, learning videos and webinars for beginners to learn more.

Apart from education, JustForex clients expect practical MQL5 signals and various solutions for manual course analysis. In addition to Trading Central, which is extremely popular as practical analysis software, this also includes an economic calendar. It is worthwhile for (prospective) traders to browse JustForex's educational and analytical offerings and get to know the most attractive features - in this way laying the foundation for even more successful trading.

Once you have become familiar with JustForex's services and are so enthusiastic about them that you would like to open an account, you should limit yourself to a demo account at the beginning. This only requires a few pieces of information to design the account as well as the name and an e-mail address. A similar form awaits the customer when opening a live account, but it is somewhat more extensive. Once all the details have been provided, you can send the online form - the broker will then send the customer an e-mail containing all the important information on opening an account and handling the account.

Once you have received this e-mail, you can log into WebTrader or MetaTrader 4 with your access data - you can start trading at this point in your demo account. As a new owner of a live account, however, you must first go through verification by sending the broker copies of proof of identity and residence. Proof of identity can be an identity card, driving licence or passport, while proof of residence is best provided with a current consumer invoice.

Once you have uploaded the relevant documents, you can proceed to the deposit. This can be done at JustForex by bank transfer, credit card or online payment services such as Skrill or Neteller. The minimum deposit starts at $1 - a maximum limit is not set for each deposit method. Only a credit card deposit can be up to $10,000.

If you encounter problems when opening an account, verifying or making a deposit, you can of course contact customer support. German support is not available - however, customers can contact English, Ukrainian, Indonesian or Malaysian support instead. This is possible via telephone, mail, live chat and callback - customers can even contact the right department directly to solve problems as quickly as possible.

As a rule, it is a good sign when a broker can show a large number of awards and positive customer ratings - for JustForex, however, the awards in particular do not seem to be a predicate of quality. For this reason, the Broker's website contains only a brief explanation of why no awards are available and why the company does not attach great importance to awards. There are hardly any customer opinions so far - but this may change in the near future as soon as JustForex has made a name for itself in Germany.

Finally, we can state in the JustForex broker review 2018 that the Belize company was basically convincing in many points: Not only the attractive conditions, but also the unlimited demo account and the attractive training offer speak for the company, but also the professional mobile trading app and the easily accessible support ensure a positive rating in comparison. It is unusual that JustForex does not have any awards and will not do so in the future - furthermore, the missing translation of the website is also a weak point in the broker review 2018.