Just2Trade Review 2021 Pros and Cons Uncovered

The per-trade schedule requires $2,500 to start trading, and if an account slips below $2,000, Just2Trade will suspend the account’s trading capability. The per-share plan apparently is designed for day traders, as it has a minimum balance requirement of $25,000. It also charges a monthly fee of $333, although this rather uncomfortable charge is reduced by any commissions paid during the month. The firm may also be suitable for other types of investors due to the range of different trading platforms, although beginners will likely find cheaper deals elsewhere. Just2Trade offers an array of trading accounts and platforms, plus low spreads and commission charges. The brand is also available in various countries around the world.

1. Furthermore, stocks and options are priced according to two different plans.
2. What this means is that the fee is fixed, and won’t be changing around due to some trading volume or any other circumstance.
3. Just 2 Trade offers different methods of deposit, depending on the customer’s account type.
4. To help understand Just2Trade commissions on each available market better and unify information, we will calculate the size of the commission on each market, using real examples.

Investing.co.uk has been helping British traders find the right broker for over 20 years. Lime Trading (CY) Ltd – the owner of Just2Trade – is regulated by CySEC and subject to oversight from the European Securities and Markets Authority (ESMA). The company is also a member of the Investor Compensation Fund (ICF), which provides compensation to eligible clients if the firm is unable to meet its obligations. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with.

Top Spot Exchanges

Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. Accounts can be opened in a decent choice of currencies which are EUR, USD, RUB.

Opening an account

He continues to test and review new day trading services to this day. However, some account types, such as the Forex ECN account, have higher minimum deposits (£200 in this case). Just2Trade also offers the Try2BFunded program for those looking to become professional traders. In the first two stages of the program, traders are placed on a demo/paper account and must meet a profit target while avoiding specific drawdowns and maximum daily loss amounts. If investors successfully pass both steps, they  receive access to a funded real-money account and can trade on the firm’s capital (a monthly subscription fee applies).

Just2Trade deposits are free of charge, however, for withdrawals, there might be some commissions depending on the funding method the trader chooses. Withdrawal requests are processed within 1-5 days depending on issuing bank. Forex and CFD Standard account is a good option for beginners or regular-size traders with all costs included in the spread. Forex ECN utilizes ECN execution with quality speeds, while MT5 Global features an individual approach with better trading conditions for high-volume traders.

OEC Trader is a desktop platform that is designed for futures trading. The order system is able to use multiple tickets, and RSS news feed is integrated. Nevertheless, I was impressed with some of the features available.

Individual portfolios is an offer to invest in one of five portfolios created by Just2Trade. A dedicated specialist from the customer support will be able to advise you on the instruments used for creation of these portfolios. In the table below, we compared the broker’s instruments with the competitors, although some positions cannot be properly compared, as the brokers provide data in different formats. What makes Just2Trade special for stock market trading is ‘customization’ or expandable list of shares.

Trading contains substantial risk and is not for every investor. An investor could potentially lose all or more of their initial investment. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.

Account types available for traders on Just2Trade

The FIX API is an electronic communications protocol that was developed for the real-time exchange of trade-related information. It is commonly used just2trade review by professional traders and allows you to avoid the use of intermediation software. It provides direct access to the market with your own programs.

Trader platforms

Optimizing the withdrawal process, Just2Trade refrains from levying withdrawal fees, prioritizing a smooth and straightforward financial process. Maintaining an account with Just2Trade is not burdened by additional account maintenance fees, enhancing overall affordability. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Claim your profile to access Trustpilot’s free business tools and connect with customers. J2T is an excellent broker that provides all the necessary tools for quality trading. Just2Trade is a forex broker located in Cyprus, regulated by the Cyprus Securities and Exchange Commission (CySEC).

For example, we will calculate how much a trader will have to pay for a USD 5,000 lot. Also, in the course of the review, we will compare Just2Trade commissions with competing European brokers – Swissquote and Degiro. It’s important to treat day trading stocks, options, futures, and swing trading like you would with getting a professional degree, a new trade, or starting any new career. Each day our team does live streaming where we focus on real-time group mentoring, coaching, and stock training. We teach day trading stocks, options or futures, as well as swing trading.

You can use utility bills or bank statements as proof of residency and a government-issued ID card, passport, or driving license as proof of identity. Choosing a safe and reliable broker is essential for successful trading. There are various factors to consider when making a decision, but the safest brokers are well-regulated ones. Voice support in Chinese, Polish, Spanish operates regularly, during working hours on weekdays, taking into account the region’s time zone. A small number of educational materials can be found in the Blog section on the broker’s website.

Crypto Purchases with a Credit & Debit Card / Bank Transfer

Analytical and news reviews are rather a strong suit of Just2Trade. On Just2Trade, you can open an account in one of three currencies – EUR, USD, RUB. If you perform transactions in other currencies, they will be automatically converted into the account currency. Before starting the procedure of account opening, you need to provide basic information (phone number, email, and full name). Also, there is a good chance to get confused about the account, as one and the same account could have different names in different places.