JustForex Broker Review

A short description about your broker

JustForex is an international broker working with clients from different countries. We understand that every person is unique with his own values, no matter whether he is a trader or a partner. When our team develops the services of the company, we take into account the variety of cultures, nations, trading experience and demands of our clients. JustForex offers several trading account types with a wide choice of trading instruments and everyone can find the most suitable one according to his preferences.

Contact person: alexander.ovsienko@justforex.com

 Established in: 2012

Website languages: English, Russian, Spanish, French, Portuguese, Indonesia, Malaysian, Chinese, Urdu, Vietnamese, Korean, Thai.

Available account type.

Cent, Mini, Standard, ECN, Crypto, Islamic.

Trading Platform

MetaTrader 4, MetaTrader 4 Android, Metatrader 4 iOS, MT4 Web Trader

Trading Type (Forex, Stocks CFDs, Commodities etc…)

Forex, Crypto, Commodities, CFDs

Maximum Leverage:

Forex:1:3000

Crypto: 1:3

Minimum Deposit:

Standard account – $100

ECN – $500

Mini – $0

Cent – $0

Crypto – $0

Minimum Lot

Cent account – 0.01 cent lot

Mini account – 0.01 lot

Standard account – 0.01 lot

ECN account – 0.01 lot

Crypto account – 0.01 lot

Maximum Lot

Cent account – 1000 cent lots (with step 0.01)

Mini account – 100 lots

Standard account – 100 lots

ECN account – 100 lots

Crypto account – 1,000,000 lots

 Scalping Allowed? – yes

Hedging Allowed? – yes

EA Allowed? – yes

Account Currency – USD, EUR, MYR, IDR, THB, VND, USC

Bonus without deposit – NO (only when correspondent actions are held)

Deposit Bonus – Double Benefit Bonus

Margin Call

Cent account – 40%

Mini account – 40%

Standard account – 40%

ECN account – 100%

Crypto account – 30%

 Stop Out Level

Cent account – 20%

Mini account – 20%

Standard account – 20%

ECN account – 50%

Crypto account – 15%

Deposit method (Thai Bank, credit card, Neteller, Skrill etc…)

https://justforex.com/trading/deposit-withdrawal

Withdraw method (Thai Bank, credit card, Neteller, Skrill etc…)

https://justforex.com/trading/deposit-withdrawal


What are the benefits of crypto trading in Forex?

A large share of remote earnings falls on cryptocurrencies and related operations.
Cryptocurrencies are highly volatile, so traders can make a significant profit on sharp price
movements. Therefore, more investors are interested in cryptocurrency trading and it has
become increasingly popular.

Trading is one of the main ways to make money on cryptocurrency. It is not significantly
differed from trading with precious metals, currencies, and stocks. The main goal is the
same: buy cheaper, sell more expensive and make a profit.

According to the CoinMarketCap, there are over a thousand cryptocurrencies in the world,
and their number is growing every day. Except the well-known Bitcoins, LiteCoin,
Ethereum, Ripple are promising and highly liquid trading instruments. In order to make
money on cryptocurrency trading, you should be able to correctly forecast the future price
movements, as well as have a sufficient amount of knowledge.

How to make money on cryptocurrency

There are several types of earnings on cryptocurrency. One of them is trading which
involves opening the positions to buy or sell. Cryptocurrency can be traded both on the
crypto exchanges and via Forex brokers.

Cryptocurrency exchange

Cryptocurrency exchange is an online platform where everyone can sell, buy, and
exchange cryptocurrency.

Cryptocurrency exchanges contain the tools, which allow tracking the rate and history of
transactions, place orders etc. To start trading, a trader registers an account on a
cryptocurrency exchange.

Choosing a cryptocurrency exchange, it is necessary to pay attention to the following
factors:

  • Liquidity. The higher the daily turnover is, the higher the liquidity, and the faster
    orders are executed.
  • Interface. It should be clear and easy-to-use.
  • Reputation. Read reviews about crypto exchange you are interested in on trustworthy resources.
  • Deposit and withdrawal ways. Each exchange has its own set of options for depositing and withdrawing funds.
  • Fees. As a rule, exchanges charge fees for depositing and withdrawing funds, for opening and closing orders. The size of the commission may vary at different exchanges.
  • Verification. Person’s identity is not mandatory on most exchanges. However, verified accounts usually increase trading opportunities and security.

Broker

Brokers who provide services for trading currencies also offer to trade cryptocurrencies.
For example, JustForex provides profitable trading conditions for both beginners and
experienced traders. The broker offers a wide range of financial instruments on the Crypto
account: 39 trading instruments, including such cryptocurrencies as BTC, ETH, Ripple,
BCH, EMC, LTC. You can start trading with any amount since there are no minimum
deposit requirements.

Brokers use trading platforms. MetaTrader 4 is one of the most popular programs for
online trading. It is convenient to make a market analysis here. The technical capabilities
of the platform are more adapted than the functionality of cryptocurrency exchanges.

When trading through brokers, the client is more secure. In addition, it is possible to use
leverage and automatic trading.

Key benefits of crypto trading on Forex

Trading digital currencies is characterized by a high level of volatility. For one day, the
rates of cryptocurrencies can change by 10 or more percent. Sometimes a change in
cryptocurrency quotes may exceed 50% in one day. That provides good opportunities for
earning. Therefore, many traders use cryptocurrency for their activities.

Among other advantages of cryptocurrency trading are:

  • Round-the-clock trading. Crypto trading on the Forex market is available 24/7.
  • High liquidity. You can sell/buy any amount of cryptocurrency. Trading volumes on
    exchanges make it easy to do.
  • The opportunity to earn. The steadily growing market stirs interest in earnings.
  • Leverage. It allows getting profit even with a relatively small amount of investment. Trading cryptocurrencies is a promising way to make money and with the right approach, it may bring good profits. But do not forget about the money management rules, remember about trading strategy and discipline.
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