JustMarkets Review
JustMarkets allows traders to use all types of strategies across markets and accounts. JustMarkets’ trading platforms are robust and available across devices. Colombian traders can use leverage of up to 1:3000 on major forex pairs.
- Maryke Myburgh
Jump to:
Overview
Regulation and Safety of Funds
Awards and Recognition
Account Types and Features
Account Registration
Broker Comparison
Trading Platforms
Range of Markets
Fees
Deposit and Withdrawels
Education and Research
Bonuses and Promotions
Affiliate Programs
Customer Support
Social Responsibility
Final Verdict
Pros and Cons
FAQ
Min Deposit
USD 1
Regulators
FSA, CySEC, FSCA, FSC
Trading Desk
MT4, MT5, MT4/5 WebTrader, mobile (iOS & Android)
Crypto
No
Total Pairs
50+
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
Overview
JustMarkets has over 2 million registered forex and CFD clients globally. Traders can get 24/7 customer support across channels and in multiple languages. JustMarkets offers Colombians an attractive affiliate program with CPA or Revenue Share.
Through our extensive experience working with different brokers, JustMarkets has proven to have a distinct approach that offers significant advantages to traders in Colombia.
Established in 2012, they have gradually expanded their offerings to serve a global audience, specifically emphasizing emerging markets such as Colombia.
We’ve found that Colombian traders will be drawn to the impressive multi-language support, including Spanish. The broker’s goal is to ensure that all communications, from the account opening process to customer service interactions, are clear and easy to understand.
They also provide a diverse range of account types, and the Raw Spread account is particularly favored by Colombian traders who appreciate its transparency and competitive pricing.
Colombian traders will also like the range of trading instruments that cater to their diverse preferences.
With diverse currency pairs and popular commodities like coffee and oil, traders have many options. Our research shows that these hold particular significance in the Colombian economy.
One notable aspect that distinguishes JustMarkets is its strong dedication to providing education. Colombia has seen a surge in trading interest, and to cater to this demand, they provide a wide range of educational resources in Spanish.
These resources include webinars, tutorials, and market analysis, all aimed at equipping traders with the knowledge they need to make well-informed decisions. Therefore, if you’re a Colombian trader looking for a reliable, user-friendly, and educational platform, JustMarkets is worth considering.
With a deep commitment to comprehending and addressing the unique requirements of Colombian traders, this broker stands out as more than just a facilitator of trades.
What year was JustMarkets founded?
JustMarkets, founded in 2012, offers a variety of financial products and trading platforms, including MetaTrader 4 and MetaTrader 5.
What leverage does JustMarkets provide to traders in Colombia?
JustMarkets provides leverage of up to 1:3000 for Colombian traders.
JustMarkets Review at a Glance
| 🗓Established Year | 2012 |
| 🪪Regulation and Licenses | FSA, CySEC, FSCA, FSC |
| 🌟Ease of Use Rating | 4/5 |
| 💰Bonuses | Yes, No-Deposit Bonus, 120% Deposit Bonus, Referral Bonus |
| ⏰Support Hours | 24/7 |
| 📊Trading Platforms | MetaTrader 4, MetaTrader 5, JustMarkets App |
| 📈Account Types | MT4 Standard Cent, MT4 Standard, MT4 Pro, MT4 Raw Spread, MT5 Standard, MT5 Pro, MT5 Raw Spread |
| 💸Base Currencies | USD, EUR, GBP, JPY, MYR, IDR, THB, VND, KWD, CNY, ZAR |
| 📊Spreads | From 0.0 pips |
| 📈Leverage | 1:3000 |
| 💳Currency Pairs | 61, Major, Minor, and Exotic Pairs |
| 💰Minimum Deposit | 40,300 COP ($10) |
| 💸Inactivity Fee | Yes, $5 monthly after 150 days of inactivity |
| 🗣Website Languages | English, Spanish, Portuguese, French, Russian, Indonesian, Malaysian, Chinese (Simplified and Traditional), Lao, Vietnamese, Thai, Turkish, and more |
| ⚖️Fees and Commissions | Spreads from 0.0 pips, commissions from $6 |
| 📚Affiliate Program | Yes |
| 🏛️Banned Countries | The United States, Japan, United Kingdom, EU, EEA, Belgium, and Spain |
| 💻Scalping | Yes |
| 🔎Hedging | Yes |
| ✴️Trading Instruments | Indices, Energies, Forex, Metals, Cryptocurrencies, Shares, Futures |
| 👉 Open Account | Open Account |
Regulation and Safety of Funds
JustMarkets’ Regulation in Colombia
JustMarkets is not regulated by Colombia’s Superintendencia Financiera de Colombia or “SFC” (Financial Superintendence of Colombia). However, JustMarkets’ global regulations are listed in the table below.
Global Regulation
| 🏛️Registered Entity | 🌎Country of Registration | 🔎Company reg. | 🔎Regulatory Entity | 📈Tier | 🪪License Number/Ref |
| JustMarkets Ltd | Cyprus | 361312 | CySEC | 2 | 401/21 |
| Just Global Markets (Pty) Ltd | South Africa | 2020/263432/07 | FSCA | 2 | FSP 51114 |
| Just Global Markets Ltd | Seychelles | – | FSA | 3 | SD088 |
| Just Global Markets (MU) Limited | Mauritius | 194590 GBC | FSC | 3 | GB22200881 |
Protection of Client Funds
| 🛡️Security Measure | 🖺Information |
| Segregated Accounts | Yes |
| Compensation Fund Member | No |
| Compensation Amount | None |
| SSL Certificate | Yes |
| 2FA (Where Applicable) | Yes |
| Privacy Policy in Place | Yes |
| Risk Warning Provided | Yes |
| Negative Balance Protection | Yes |
| Guaranteed Stop-Loss Orders | No |
What privacy policies does JustMarkets have in place?
JustMarkets has a robust privacy policy to secure its clients’ personal and financial information.
Are JustMarkets' regulatory licenses available for public viewing?
Yes, JustMarkets’ regulatory licenses and registration numbers are publicly accessible for verification.
JustMarkets Awards and Recognition
According to our research, JustMarkets has won a few recent awards for superior services and products, including the following:
In 2023, during the UF Awards, JustMarkets won the award as the “Best Broker in Africa.”
JustMarkets was named the “Best Broker in Asia” during the UF Awards in 2022.
JustMarkets Account Types and Features
JustMarkets, unlike other brokers offering platform-specific accounts, provides Colombian traders true versatility by offering only a single account per platform but a few options. We believe Colombian traders can easily find a solution that aligns with their trading styles and plans.
| MT4 Standard Cent | MT4 Standard | MT4 Pro | MT4 Raw Spread | MT5 Standard | MT5 Pro | MT5 Raw Spread | |
| ⚖️Availability | All; ideal for beginners | All; ideal for all traders | All; ideal for advanced traders | All; ideal for scalpers and day traders | All; ideal for casual traders | All; ideal for advanced traders | All; ideal for scalpers and day traders |
| 📈Markets | 33 Forex Pairs, 4 metals | 61 Forex Pairs, 7 metals, 13 indices, 14 crypto CFDs, 165 shares, 3 energies | 61 Forex Pairs, 7 metals, 13 indices, 14 crypto CFDs, 165 shares, 3 energies | 61 Forex Pairs, 7 metals, 13 indices, 14 crypto CFDs, 165 shares, 3 energies | 61 Forex Pairs, 7 metals, 13 indices, 14 crypto CFDs, 165 shares, 3 energies | 61 Forex Pairs, 7 metals, 13 indices, 14 crypto CFDs, 165 shares, 3 energies | 61 Forex Pairs, 7 metals, 13 indices, 14 crypto CFDs, 165 shares, 3 energies |
| 💳Commissions | None | None | None | $3 per lot/per side | None | None | $3 per lot/per side |
| 💻Platforms | MetaTrader 4 | MetaTrader 4 | MetaTrader 4 | MetaTrader 4 | MetaTrader 5 | MetaTrader 5 | MetaTrader 5 |
| 📊Trade Size | 0.01 cent lot – 1,000 cent lots | 0.01 lots – 100 lots | 0.01 lots – 100 lots | 0.01 lots – 100 lots | 0.01 lots – unlimited | 0.01 lots – unlimited | 0.01 lots – unlimited |
| 📈Leverage | 1:3000 | 1:3000 | 1:3000 | 1:3000 | 1:3000 | 1:3000 | 1:3000 |
| 💰Minimum Deposit | 40,300 COP ($10) | 40,300 COP ($10) | 403,000 COP ($100) | 403,000 COP ($100) | 40,300 COP ($10) | 403,000 COP ($100) | 403,000 COP ($10) |
JustMarkets MT4 Standard Cent Account
The MT4 Standard Cent Account is an excellent choice for beginner traders in Colombia. It provides a low-risk environment that allows you to familiarize yourself with the ins and outs of the market.
Accessible to almost everyone, the investment requires a minimum deposit of just 40,300 COP ($10). The account offers a wide selection of 33 Forex pairs and 4 metals, giving new traders a good variety of options.
The trade size varies from small to large, allowing for convenient risk management. In addition, there are no commission fees, and the leverage offered on the cent account is quite generous at 1:3000.
JustMarkets MT4 Standard Account
The MT4 Standard Account provides traders with a versatile trading experience that caters to a wide range of trading styles and preferences. For just a minimum deposit of 40,300 COP ($10), you’ll gain access to an impressive range of trading options.
This includes 61 Forex pairs, 7 metals, 13 indices, 14 crypto CFDs, 165 shares, and 3 energies. It’s a diverse selection that offers plenty of opportunities for traders. This account type is notable for its zero-commission structure, which makes it a cost-effective option for frequent traders.
With a wide range of trade sizes, from 0.01 lots to 100 lots, and an impressive leverage of up to 1:3000, traders have the freedom to make flexible and impactful trading decisions.
We believe this account is ideal for individuals seeking comprehensive market exposure without incurring extra expenses.
JustMarkets MT4 Pro Account
The MT4 Pro Account is designed for experienced traders looking for narrower spreads and a more competitive trading atmosphere. For just a minimum deposit of 403,000 COP ($100), you can enjoy the extensive market access of the Standard Account, but with even better trading conditions.
This account type is commission-free, making it a great choice for high-volume traders who want to keep costs low and maximize their trading potential.
JustMarkets MT4 Raw Spread Account
The MT4 Raw Spread Account caters to traders who value low spread costs, making it a perfect choice for those engaged in scalping and high-frequency trading.
For a minimum deposit of 403,000 COP ($100), this account provides the same market access as the Pro and Standard accounts.
The raw spreads that start from an impressive 0.0 pips are what sets it apart. Trading costs can be significantly reduced with our ultra-tight spreads, making the commission of $3 per lot per side a small price to pay.
JustMarkets MT5 Standard Account
The MT5 Standard Account is ideal for traders seeking a wider selection of financial instruments and advanced analytical tools.
The product portfolio on this account includes 61 Forex pairs, 7 metals, 13 indices, 14 crypto CFDs, 165 shares, and 3 energies. It’s a great opportunity to diversify your portfolio and explore different investment avenues.
This account type is ideal for traders who want to make the most of the advanced features of the MetaTrader 5 platform without incurring any commission charges.
JustMarkets MT5 Pro Account
The MT5 Pro Account offers the same benefits as the MT4 Pro Account while taking advantage of the enhanced capabilities of the MetaTrader 5 platform.
Colombian traders can enjoy the extensive market access and trading conditions of the MT5 Standard Account but with even tighter spreads. The trade size can vary from 0.01 lots to unlimited, while leverage ratios of up to 1:3000 are available.
In our opinion, this account type is ideal for professional traders who need advanced tools and competitive trading conditions. Furthermore, the account doesn’t involve any commission fees, making it a great choice for Colombian traders.
JustMarkets MT5 Raw Spread Account
The MT5 Raw Spread Account is a perfect choice for high-volume traders, as it combines the raw spread model with the advanced features of the MetaTrader 5 platform.
The minimum deposit on this account is 403,000 COP ($10) and provides you the same market access as other MT5 accounts.
From our research, what sets it apart is the incredibly low raw spreads, starting from 0.0 pips. Additionally, the leverage offered is up to an impressive 1:3000.
We also found that traders are charged a commission of $3 per lot per side, balanced by the incredibly tight spreads. This creates an ideal trading environment for those who value cost efficiency.
JustMarkets Islamic Account
JustMarkets has developed an Islamic account that perfectly adheres to the principles of Islamic finance while providing Colombian traders with a comprehensive trading experience.
We’ve had the privilege of thoroughly evaluating this account type and have discovered a distinctive market offering.
According to our research, this account removes the notion of swap or rollover interest per Islamic law. Instead, JustMarkets charges a small administration fee for positions held overnight.
The fee is clearly explained and understandable so Colombian traders won’t encounter any unexpected costs. This approach lets Colombian Muslims engage in the forex market while upholding their religious principles.
JustMarkets Demo Account
JustMarkets offers Colombian traders the opportunity to explore and become acquainted with the platform’s features by participating in a simulated trading environment.
This demo account is equipped with virtual funds, enabling users to participate in trading without worrying about financial losses.
It provides a realistic trading experience, giving users access to various tools, charts, and instruments used in real-time trading.
We believe that Colombian traders can benefit greatly from this opportunity to gain practical experience, try various strategies, and enhance their skills before moving on to live trading.
The demo account is more than just a temporary trial; it is a valuable resource that can be used indefinitely.
Furthermore, Colombian traders can utilize the demo account for as long as they require to build confidence and readiness for live trading. Regardless of the duration, the demo account remains accessible as a safe space for practicing without any financial risks.
What account types does JustMarkets offer to Colombian traders?
JustMarkets has various account options, including MT4 Standard Cent, MT4 Standard, MT4 Pro, MT4 Raw Spread, MT5 Standard, MT5 Pro, and MT5 Raw Spread.
Which JustMarkets account is ideal for novices in Colombia?
The MT4 Standard Cent account is perfect for Colombian novices because of its low minimum deposit and modest lot sizes.
How To Open a JustMarkets Account
Step 1 – Select Signup Account type
Go to the JustMarkets website and hover your cursor over “Trading” in the main toolbar of the JustMarkets website, then choose “My accounts.”
Step 2 – On the “Live” page in the “Trading account” section, click “Open New Account.”
Step 3 – Fill in all the fields in the “Provide personal details” section.
This step is only for clients who have not filled out this information before. If you have already provided the required personal details, go to the next step.
When you’ve selected an account type, click the matching green “Open an Account” banner underneath the account. Note that there are set accounts for MetaTrader 4 and 5, and you cannot switch between these platforms.
Once the registration form loads, complete the fields by entering your name, email address, phone number, and any other personal and contact details.
Step 4 – Select the desired account type
- Select the base currency of your Real Account.
- Define the necessary leverage. Note that you will be able to change the leverage level in the Back Office in the future.
- Set the main password, which contains from 6 to 15 symbols, including at least one Latin letter and one digit.
- Click “Create Account.”
Create a strong password for your account that should be between six and fifteen characters long, with at least one Latin letter and one number.
Upload a photocopy of your passport or government-issued ID to confirm your identification.
Read and accept the terms and conditions of JustMarkets and any relevant regulatory disclosures.
Step 5 – Fund account
Once your information and documents have been reviewed and your identity has been confirmed, you will receive an email from JustMarkets confirming that your account is open and you can deposit funds.
Log into your account, go to the deposit section, and deposit the minimum required according to your account type.
Download your trading platform according to your account type and start trading.
Can Colombian traders open both live and demo accounts at JustMarkets?
Yes, Colombian traders can register either a live or a demo trading account with JustMarkets to practice.
What is the minimum age to establish a JustMarkets account in Colombia?
To establish an account with JustMarkets in Colombia, traders must be 18 years old.
Broker Comparison
| 🥇 JustMarkets | 🥇 BDSwiss | 🥇 FxOpen | |
| 🗺️ Regulation | CySEC, FSCA, FSA, FSC | CySEC, FSC, BaFIN, FSA, Mwali International Services Authority | ASIC, FCA, CySEC |
| 💻 Trading Platform | MetaTrader 4 MetaTrader 5 JustMarkets App | MetaTrader 4 MetaTrader 5 BDSwiss Mobile BDSwiss Web | MetaTrader 4 MetaTrader 5 TickTrader |
| 💰 Withdrawal fee | None | No | Yes |
| 💳 Demo Trading Account | Yes | Yes | Yes |
| 💰 Minimum Deposit | 40,300 COP ($10) | 40,300 COP ($10) | 4,000 COP ($1) |
| 📊 Leverage | Up to 1:3000 | 1:2000 | 1:500 |
| 💰 Spreads | From 0.0 pips | From 0.0 pips | From 0.0 pips |
| 🚀 Commissions | $6 per lot traded | From $2 | From $1.5 |
| 📊 Margin Call/Stop out | 40%/20% | 50%/20% | M – 100% – 20% S/O – 50% – 10% |
| 📊Order Execution | Market | Instant/Market | Instant, Market |
| ❌No-Deposit Bonus | Yes | No | No |
| 🪙Cent Accounts | Yes | Yes | Yes, Micro |
| 📒 Account Types | MT4 Standard Cent Account MT4 Standard Account MT4 Pro Account MT4 Raw Spread Account MT5 Standard Account MT5 Pro Account MT5 Raw Spread Account | Cent Account Classic Account VIP Account Zero Spread Account | Micro Account STP Account ECN Account Crypto Account PAMM STP PAMM ECN PAMM Crypto |
| 🏛️Colombia SFC Regulation | No | No | No |
| 💰COP Deposits | Yes | No | Yes |
| 💻COP Account | No | No | No |
| 📞Customer Service Hours | 24/7 | 24/5 | 24/5 |
| 💳Retail Investor Accounts | 7 | 4 | 4 retail, 3 PAMM |
| ☪️Islamic Account | Yes | Yes | Yes |
| 💰Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
| 💸Maximum Trade Size | 100 lots | 50 lots | Unlimited |
| ⏰Minimum Withdrawal Time | 1 – 3 hours | Instant | Instant |
| ⏲️Maximum Estimated Withdrawal Time | 6 banking days | Within 24 hours | 2 – 5 Days |
| 💳Instant Deposits and Instant Withdrawals? | Yes, deposits | Yes | Yes |
| 👉Open Account | Open Account | Open Account | Open Account |
Trading Platforms
JustMarkets offers versatile solutions across all account types tied to MetaTrader 4 and 5. In addition, there is also a feature-rich proprietary mobile app that Colombians can use on iOS and Android devices. Let’s explore each option to identify the benefits of using them.
MetaTrader 4
If you’re new to trading or prefer a straightforward approach, MetaTrader 4, offered by JustMarkets, is an excellent option. The interface is designed to be extremely user-friendly, ensuring that navigating and executing trades is effortless.
It’s compatible with a wide range of devices, allowing you to trade from your preferred device, whether a desktop computer or a mobile phone.
We were especially impressed by the seamless integration of local payment methods, which simplifies the management of your funds and enhances efficiency.
MetaTrader 5
If you want to elevate your trading game, MetaTrader 5 provides a powerful and all-encompassing set of tools.
Understanding the depth of market features can offer valuable insights into market liquidity and price movements, making it particularly beneficial for individuals interested in Colombian peso pairs.
With this platform, we believe Colombian traders can easily stay informed about market-moving events with the integrated economic calendar and optimize trading strategies efficiently using the multi-threaded strategy tester.
JustMarkets App
The JustMarkets mobile app provides a seamless mobile trading experience, allowing you to manage your account, conduct trades, and stay current on market events wherever you are.
We found the integrated news feed especially useful for keeping up with Colombian economic news and market happenings, and the price alerts ensure that you never miss out on trading possibilities.
Lastly, we found that the app includes strong security measures, such as two-factor verification, to keep your account and funds safe.
Can Colombian traders change the JustMarkets trading platforms to their liking?
Yes, JustMarkets’ MetaTrader platforms are extremely customizable, enabling traders to adjust the interface and features to their requirements.
How does JustMarkets maintain the security of its trading platforms?
JustMarkets uses encryption and security measures to secure trader data and platform transactions.
JustMarkets Range of Markets
| 🔎Instrument | ⚖️Number of Assets Offered | 📈Max Leverage Offered |
| Forex | 61 | 1:3000 |
| Commodities (metals, energies, etc) | 10 | 1:100 |
| Indices | 13 | 1:200 |
| Stocks | 165 | 1:20 |
| Cryptocurrency | 14 | 1:10 |
JustMarkets Leverage and Margin
When analyzing JustMarkets’ offerings for the Colombian market, it becomes evident that the broker offers a highly adaptable leverage model, which can be a valuable asset for traders in the region.
Forex brokers typically offer leverage options, but it’s quite rare to find a ratio as high as 1:3000. With this level of leverage, Colombian traders could increase their trading capacity, letting them participate in larger trades even with a modest capital base.
However, in our experience, massive inherent risks are involved with using such high leverage because you could lose all your invested capital when the market moves against your position.
Next, we explored JustMarkets’ margin and found that the broker’s approach to margin and leverage is structured in tiers, which we believe is a responsible decision.
As trade volume rises, the leverage offered naturally decreases, providing an automatic risk control mechanism.
We believe that the tiered system is highly advantageous for Colombian clients, as it helps to minimize the impact of sudden market shifts by gradually reducing exposure as position sizes increase.
After thoroughly examining the client agreement, we can confidently say that JustMarkets prioritizes transparency regarding margin calls and stop-out levels. This means traders receive clear information about the thresholds protecting their positions.
Does JustMarkets allow Colombian traders to trade global stock indices?
Yes, JustMarkets offers access to worldwide stock indexes, including NASDAQ 100, DAX, S&P 500, etc.
How does JustMarkets keep Colombian traders aware of market conditions?
JustMarkets offers market research and updates to inform Colombian traders of current market circumstances.
JustMarkets Fees
The benefit of having a range of accounts that can be used is that Colombian traders can choose an account with trading and non-trading fees that suit their strategies and budgets. Below, we examine the fee categories Colombians can expect when signing up for an account with JustMarkets.
JustMarkets Spreads
After careful analysis of JustMarkets’ spread offerings, it is clear that the broker has designed its pricing to cater to a wide range of trading styles. Colombian traders must understand the spread’s importance, as it directly impacts trade costs.
JustMarkets charges variable spreads, starting from 0 pips on MT4 and 5 Raw Spread accounts, which can be highly beneficial for scalpers and high-volume traders.
On an MT4 or 5 Standard account, the average spread for major pairs like EUR/USD is typically around 0.3 pips.
When choosing an account, Colombian traders must carefully consider their trading frequency and strategy. This is because the spreads can have a significant impact on profitability.
In our experience, choosing an account with narrower spreads can be a smart move to reduce trading expenses, particularly for active traders or those trading significant volumes.
JustMarkets Commissions
At JustMarkets, the commission structure is both transparent and competitive. For example, although the MT4 and 5 Raw Spread accounts provide near-zero spreads, they have a commission fee on trades.
Our analysis found that the commission rate of $3 per side for every lot traded is considered a standard rate within the industry.
These account types could be a cost-effective option for Colombian traders who enjoy the thrill of raw spreads and frequently engage in many trades.
JustMarkets Overnight Fees
Swap rates and fees can impact the profitability of trades held open overnight. Considering these fees when evaluating the potential returns of long-term positions is important.
JustMarkets provides highly competitive swap rates, which are of utmost importance for Colombian traders who utilize strategies such as swing trading.
Per our research, the fees can differ based on the specific instrument being traded and the direction in which the trade is made. Colombian traders can effectively manage these costs by closely monitoring the swap rates provided on the JustMarkets website.
JustMarkets Deposit and Withdrawal Fees
JustMarkets offers a hassle-free experience for Colombian traders by not charging deposit fees for most payment methods, making it easy to fund their accounts.
However, we must mention that certain payment providers impose their processing fees, which JustMarkets does not cover.
JustMarkets Inactivity Fees
JustMarkets doesn’t charge any inactivity fees. Not charging inactivity fees is a great advantage for Colombian traders who do not trade frequently or have inactive accounts.
This policy addresses the issue of potential extra expenses resulting from inactivity, offering traders with different trading frequencies the freedom to adapt.
JustMarkets Currency Conversion Fees
Colombian traders need to be aware of currency conversion fees when they trade instruments in a currency different from their account-based currency.
JustMarkets applies a fee for converting currencies when trading in instruments denominated in a currency different from the account’s base currency. However, in our experience, this fee can fluctuate based on market conditions and the currencies being used.
Is there an account maintenance fee at JustMarkets?
No. JustMarkets does not impose account maintenance or inactivity fees.
How much does trading one standard lot in Forex with JustMarkets cost?
The cost of trading one ordinary lot in Forex with JustMarkets can involve spreads from 0.0 pips and commissions from $6.
JustMarkets Deposit & Withdrawal Options
Now, one area where JustMarkets pleasantly surprised us is the range of deposit and withdrawal methods available, including options that support COP, like Neteller. Other than this, Colombians can expect various others, including:
| 💳Payment Method | 🌎Country | 🪙Currencies Accepted | ⏰Processing Time |
| Credit/Debit Card | All | EUR, USD | 30 min – 2 hours |
| Bank Transfer | Various | AED, GHS, OMR, TRY, AUD, HKD, PHP, TTD, BBD, HRK, PKR, UGX, BGN, HUF, PLN, USD, BHD, ILS, QAR, ZAR, CAD, JPY, RON, ZMW, CHF, KES, SAR, CZK, MWK, SEK, DKK, MXN, SGD, EUR, NOK,THB, GBP, NZD, TND | 1 – 6 banking days |
| Skrill | All | EUR, USD | 5 min – 2 hours |
| Neteller | All | EUR, USD, GBP, ZAR, CNY, MYR, JPY, AED, AUD, BRL, CAD, CHF, COP, INR, KRW, MXN, NGN, RUB, SGD, TWD | 5 min – 2 hours |
| Perfect Money | All | EUR, USD | 5 min – 2 hours |
| Sticpay | All | EUR, USD, JPY, KRW, CNY, PHP, AED, AUD, CAD, CHF, CLP, GBP, HKD, IDR, INR, MXN, MYR, NZD, RUB, SGD, THB, VND | 5 min – 2 hours |
| AirTM | All | USD | 30 min – 2 hours |
| Bitcoin | All | BTC | 30 min – 3 hours |
| Bitcoin Cash | All | BCH | 30 min – 3 hours |
| Ethereum | All | ETH | 30 min – 3 hours |
| USD Coin | All | USDC | 30 min – 3 hours |
| Tether | All | USDT | 30 min – 3 hours |
| BUSD | All | BUSD | 30 min – 3 hours |
| Binance | All | BNB | 30 min – 3 hours |
| Dogecoin | All | DOGE | 30 min – 3 hours |
| Litecoin | All | LTC | 30 min – 3 hours |
| XRP | All | XRP | 30 min – 3 hours |
| Malaysian Banks | Malaysia | MYR | 30 min – 5 hours |
| Indonesian Banks | Indonesia | IDR | 30 min – 2 hours |
| Thai Banks | Thailand | THB | 30 min – 2 hours |
| Prompt Pay | Thailand | THB | 30 min |
| Colombian Banks | Colombia | VND | 30 min – 2 hours |
| Philippines Banks | Philippines | PHP | 30 min – 2 hours |
| African Local Cards/Transfer | Nigeria | NGN | 30 min |
| Singaporean EFT | Singapore | SGD | 30 min – 1 day |
| African local transfers | Nigeria | NGN | 30 min – 24 hours |
| African Mobile Money | Uganda, Kenya, Rwanda, Ghana, Tanzania, and other West African Countries | UGX, KES, RWF, GHS, XAF, TZS | 30 min – 24 hours |
| Skrill Medios de Pago en LatAm | Latin America | EUR, USD | 30 min |
| Pay Retailers | All | USD | 1 day |
| Boleto | Brazil | BRL | 1 day |
| MoMo | Colombia | VND | 30 min |
| FasaPay | Indonesia | USD, IDR | 30 min – 3 hours |
JustMarkets Deposits
How to Deposit using Bank Wire Step by Step
- Log into your JustMarkets account and go to the “Deposit” area.
- Choose “Bank Wire” as your desired deposit method.
- Fill out the essential information, including the amount you want to deposit and your bank information.
- Start the transfer from your bank account to the JustMarkets bank account.
- After the transfer, the funds will be credited to your trading account within 1–6 banking days.
How to Deposit using Credit or Debit Card Step by Step
- Log into your JustMarkets account and navigate to the “Deposit” area.
- Select “Credit/Debit Card” as the deposit option and enter the amount you wish to deposit.
- Provide your card information, such as the card number, expiration date, CVV, and cardholder name.
- Confirm the transaction to ensure the security of the payment procedure.
- The monies will be credited to your trading account between 30 min to 2 hours.
How to Deposit using Cryptocurrency Step by Step
- Access your JustMarkets account and go to the “Deposit” area.
- Choose “Cryptocurrency” as the deposit method, then select the cryptocurrency you want.
- Enter the amount and wallet address for the deposit.
- Create a deposit address or scan the provided QR code.
- Start the transfer from your wallet to the JustMarkets wallet address.
- Your deposit should be processed within 30 minutes to 3 hours.
How to Deposit using e-Wallets or Payment Gateways Step by Step
- Log into your JustMarkets account and go to the “Deposit” area.
- Choose an e-wallet or payment gateway like Skrill, Neteller, or SticPay.
- Enter the deposit amount and follow the on-screen instructions to finish the transaction.
- Funds will be credited to your trading account between 5 minutes to 2 hours.
JustMarkets Withdrawals
How to Withdraw using Bank Wire Step by Step
- Log into your JustMarkets account and go to the “Withdrawal” section.
- Select “Bank Wire” as your withdrawal option and enter the amount you want to withdraw.
- Provide your bank information for the withdrawal and confirm the transaction.
- The withdrawal amount will be processed and remitted to your bank account within one to six days.
How to Withdraw using Credit or Debit Cards Step by Step
- Access your JustMarkets account and navigate to the “Withdrawal” section.
- Select “Credit/Debit Card” as your withdrawal method and enter the amount.
- After confirming the transaction, the withdrawal amount will be credited to your card within 30 minutes to 2 hours.
How to Withdraw using Cryptocurrency Step by Step
- Choose “coin” as the withdrawal method, then select the coin to withdraw.
- Give the withdrawal amount and your cryptocurrency wallet address.
- Confirm the transaction and your withdrawal will be executed within 30 minutes to 3 hours.
How to Withdraw using e-Wallets or Payment Gateways Step by Step
- Navigate to the “Withdrawal” section and select the e-wallet or payment gateway option for withdrawal.
- Enter the withdrawal amount and follow the on-screen instructions to finish the transaction.
- Withdrawn funds will be credited to your e-wallet or payment gateway account between 5 minutes to 2 hours.
What is JustMarkets' minimum withdrawal amount?
JustMarkets does not specify a minimum withdrawal amount, which may vary depending on the payment type.
How safe are JustMarkets' payment and withdrawal processes?
Extremely safe. JustMarkets uses SSL encryption to provide safe payment and withdrawal operations and compliance with financial rules.
JustMarkets Educational Resources
| 📅Economic Calendar | Yes |
| ➡️VPS | Yes |
| 📊AutoChartist | No |
| 📈Trading View | No |
| 📉Trading Central | No |
| 📜Market Analysis | Yes |
| 🖺News Feed | Yes |
| 📹Blog | Yes |
| 📕eBooks | No |
| 🎥Educational Videos | Yes |
| 🗣️Platform Tutorials | Yes |
| 🤳🏻Webinars | Yes |
| 💻Seminars | Yes |
| 🗣️Live Support | Yes |
What trading strategies can I learn about using JustMarkets' teaching materials?
JustMarkets’ teaching resources offer information on various trading strategies and approaches, from basic to complex.
Are there any trading guidelines for the Colombian market available at JustMarkets?
No. JustMarkets doesn’t offer trading resources tailored specifically to the Colombian market.
JustMarkets Bonuses and Promotions
Colombian traders can expect a range of bonuses and promotions that will help them boost their initial capital, purchasing power, and overall profits in the end. Join us as we explore each bonus for Colombians.
30 USD No-Deposit Bonus
JustMarkets offers a 30 USD No-Deposit Bonus to Colombian traders. This exclusive offer serves as a gateway to kickstart your trading journey.
We found this bonus attractive because it enables traders to gain firsthand experience in real market conditions and experiment with strategies without risking their funds.
Firstly, to receive this bonus, Colombian traders must complete the registration process and verify the phone number they’re using. Once this is done, they can open a Welcome Account, and the 30 USD bonus will be credited to their account.
However, traders must note that certain conditions apply; to transfer your profits to different accounts, you must trade a minimum of 5 lots within 30 days and make a profit or loss of at least 6 pips on each transaction.
100% Deposit Bonus
The 100% Deposit Bonus offered by JustMarkets is a generous opportunity that effectively doubles the trading power of Colombian traders by matching their deposit amount.
Traders with various capital available to invest can take advantage of this bonus, as it is available for deposits as low as 10 USD and has no upper limit.
To receive the bonus, traders are required to make a deposit, choose the preferred bonus amount, and agree to the terms and conditions of the bonus.
One advantage we found is the enhanced leverage in trading positions, which allows traders to open larger positions and potentially increase profits.
However, we urge traders to carefully review JustMarkets’ terms and conditions to fully understand the withdrawal criteria before taking advantage of this straightforward boost to your trading account.
$25 Referral Bonus
The $25 Referral Bonus program offered by JustMarkets presents a lucrative opportunity for Colombian traders to boost their earnings by referring new clients to the platform.
Traders have the opportunity to share their exclusive partner link or code. They can earn up to 25 USD for each lot traded whenever their referrals engage in trading activities.
We found that this program offers rewards for both direct referrals and clients brought in by referred partners, with a 10% commission.
The remuneration is calculated based on the trading volume and the type of account the referred client uses. Payments to a special IB account can be withdrawn or transferred daily, offering a continuous reward for building a network of active traders.
Is there a time restriction on using incentives at JustMarkets?
Yes. Bonuses at JustMarkets may have time constraints, so traders should read the terms and conditions for each campaign.
How do Colombian traders take part in JustMarkets' promotions?
Colombian traders can participate in JustMarkets campaigns by registering on the promotions page and following the instructions.
JustMarkets Affiliate Programs
With JustMarkets, Colombian traders can expect a lucrative affiliate program that rewards them for the clients they bring in. Furthermore, JustMarkets offers partners the best materials, tools, and resources to promote the broker brand across several platforms.
Features
As experienced reviewers, we were highly impressed by JustMarkets’ Affiliate Program, which offers traders a one-of-a-kind chance to generate unlimited commissions by promoting the broker’s services to their network.
This program is designed to accommodate a wide variety of affiliates, such as bloggers, Forex mentors, Facebook experts, and online influencers, which allows it to be accessible to a large number of traders.
Efficiency Meets Financial Success
The simplicity of JustMarkets’ Affiliate Program is quite remarkable. Affiliates can participate in the Forex market without requiring extensive knowledge.
The program is designed to provide significant returns for referring clients to JustMarkets. This is attractive for traders who may not have much experience in the financial industry but are looking to earn extra income through their online presence.
Customized Partnership Tiers for Optimal Adaptability
Affiliates have the option to choose from a range of partnership levels, each with its own set of distinct features and benefits.
These include Partner, Advanced Partner, IB, Silver Partner, Gold Partner, and Platinum Partner. With this flexibility, affiliates can customize their participation to align with their requirements and goals.
Furthermore, affiliates have the option to pursue increased commissions, receive personalized assistance, or engage in sub-partner programs.
Extensive Support for Affiliates
JustMarkets’ Affiliate Program offers a variety of tools and resources to assist affiliates. These include promotional materials, tracking tools, and dedicated support from the broker’s partnership team.
This support is particularly beneficial for affiliates who are new to online marketing and require guidance on effectively promoting JustMarkets’ services to their audience.
Harnessing the Power of Your Network
One of the most exciting features of this program is the possibility of earning a significant income. By utilizing their established network and online presence, affiliates have the opportunity to earn limitless commissions for each client they refer to JustMarkets.
This opportunity can greatly benefit traders who are seeking to enhance their trading income or establish a passive income stream.
Our Final Thoughts on the JustMarkets Affiliate Program
Traders should seriously consider JustMarkets’ Affiliate Program as an opportunity to diversify their income streams and leverage their online influence.
The program’s compelling value proposition, thanks to its simplicity, flexibility, and potential for high earnings, is suitable for affiliates of all experience levels.
How to Register an Affiliate Account with JustMarkets Step-by-Step
Go to the “Partnership” area of the JustMarkets homepage main menu.
From the selection of partnership types, select “Affiliates.”
Consult the features, advantages, and terms & conditions of the JustMarkets Affiliate Program.
Click the “Open a Partner Account” button on the main affiliate page after reading over the information and feeling ready to go.
Enter your name, email address, phone number, country of residence, and any personal and contact details on the registration form.
Determine which relationship level—Partner, Advanced Partner, IB, Silver Partner, Gold Partner, or Platinum Partner—best suits your objectives and offers the features you need.
Choose how you would like to receive commissions (e.g., wire transfer, Skrill, or Neteller).
Include the URL of your website or, if relevant, your social media accounts to demonstrate your internet presence and impact.
Next, read and accept the terms and conditions of the JustMarkets Affiliate Program.
Submit your application form so the JustMarkets partnership team can evaluate and approve it.
As soon as your account is approved, you’ll receive login information to the JustMarkets Affiliate Portal, where you can manage your account, monitor referrals, and view promotional materials.
Use the tools in the Affiliate Portal to personalize your affiliate links and banners.
To draw in new customers for JustMarkets, post your special affiliate links on your website, social media, or other marketing methods.
Using the reporting features of the Affiliate Portal, you can easily monitor your commissions and earnings in real-time.
Once your commissions are paid, use your preferred payment method to withdraw your earned commissions.
Can Colombian traders earn passive income through the JustMarkets Affiliate Program?
Yes, Colombian traders could earn passive income by referring new clients to JustMarkets via the Affiliate Program.
Can affiliates use JustMarkets' instructional and research resources to help them promote the brand?
Yes. Affiliates can use JustMarkets’ educational materials and research resources as part of their promotional activities, subject to the terms of the JustMarkets affiliate agreement.
JustMarkets Customer Support
| 📞Customer Support | 🗣️Customer Support |
| ⏰Operating Hours | 24/5 |
| 🗣️Support Languages | Multilingual |
| 🗨️Live Chat | Yes |
| 📧Email Address | Yes |
| 📞Telephonic Support | Yes |
| 🌟The overall quality of their Support | 4/5 |
Response Time
| Support Channel | Average Response Time | User-based Response Time |
| 📞Phone | 5 minutes | 2 minutes |
| 1 working day | Same-day | |
| 🗨️Live Chat | 5 – 10 minutes | 3 – 4 minutes |
| #️⃣Social Media | 1 working day | Same-day |
| 🗣️Affiliate | 1 working day (email) | Same-day |
Can Colombian traders contact JustMarkets customer service via social media?
Colombian traders can contact JustMarkets customer care via numerous social media sites.
What is the process for validating an account with JustMarkets?
Account verification with JustMarkets requires providing evidence of identification and proof of residency documentation via the Back Office.
JustMarkets Social Responsibility
Unfortunately, JustMarkets does not have a dedicated CSR section on the website. There are currently no projects or initiatives in terms of Social Responsibility published for JustMarkets.
User Comments
We’ve researched several trusted review sites to spot the most recent comments left by existing JustMarkets clients. Here’s what we found:
- “JustMarkets has a good platform with tight spreads and good performance. Also, their customer service is pretty quick to respond, especially through live chat. It’s easy to enter and withdraw money, which is a big plus for me.”
- “JustMarkets is fine, but it could be better. Their learning materials could be more in-depth, and the analysis tools on the site aren’t very advanced. In general, I had a pretty average time.”
- “It’s both good and bad with JustMarkets. The spreads are good, but the site sometimes acts up. Customer service is good, but sometimes it takes a long time to get back to you. I’m still not sure what they mean.”
10 Best Forex Brokers in Colombia
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Conclusion
After conducting a thorough assessment of JustMarkets as a forex and CFD broker for the Colombian market, we can confidently say that it is a strong platform that provides a wide variety of trading instruments and favorable trading conditions.
The broker’s dedication to delivering a user-friendly experience is clear from its intuitive trading platforms and the availability of educational resources for traders of all levels of experience.
In addition, JustMarkets’ bonuses and affiliate programs are highly appealing, offering traders the chance to boost their capital and earnings potential significantly.
Nevertheless, despite the numerous benefits that JustMarkets provides, it does have some limitations.
Some traders might have concerns about the level of protection for their investments due to the regulatory framework being less stringent than they would prefer.
In addition, although generally prompt in their responses, the broker’s customer support may occasionally lack the necessary localized support for Colombian traders. This is particularly important for individuals who do not speak English.
Overall, considering both the benefits and drawbacks, we can say that JustMarkets is an excellent option for Colombians interested in forex and CFD trading.
They offer a variety of bonuses and an affiliate program that is open to everyone. However, we urge traders to carefully consider the advantages and disadvantages of the platform, considering their own trading requirements and level of risk tolerance, before making a decision.
Our Insight
In our experience with JustMarkets has been overwhelmingly favorable, particularly from a South African standpoint. The broker’s dedication to the local market is clear in its provision of ZAR accounts and assistance for local bank transfers, which greatly simplifies financial transactions for South African traders.
Our Recommendations
While flexible solutions are the name of the game with JustMarkets, and we believe this broker really caters to various traders, there are still some areas where they can improve, especially for Colombian clients:
- Providing round-the-clock customer service in Spanish would ensure Colombian traders could get help whenever they wanted, regardless of their time zone or trading schedule.
- Expanding the payment choices to include common Colombian payment methods would make payments and withdrawals easier for local traders.
- Obtaining a license from the Colombian Financial Superintendency (Superintendencia Financiera de Colombia) would considerably boost JustMarkets’ credibility and trust among Colombian traders.
- Introducing a COP base currency account would eliminate the need for currency conversions for Colombian traders, lowering transaction costs and simplifying the trading process.
JustMarkets Pros and Cons
| ✅Pros | ❌Cons |
| There are no inactivity or internal deposit/withdrawal fees | Doesn’t provide a COP-denominated account, subjecting traders to currency conversion fees |
| JustMarkets supports COP deposits and withdrawals through Neteller | Not regulated in Colombia |
| Traders can choose from several accounts to find a suitable option that aligns with their trading strategy/style | Limited localization in terms of research and education |
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Frequently Asked Questions
Can I use automatic trading methods (EAs) on the JustMarkets platforms?
Yes, both the MetaTrader 4 and MetaTrader 5 platforms accept using EAs.
Does JustMarkets provide a demo account for Colombian traders to practice trading?
Yes, JustMarkets provides a free demo account with virtual funds for risk-free experimentation.
Can I create a JustMarkets account if I live in Colombia?
Yes, JustMarkets provides online account opening, making it available to all Colombian residents, regardless of location.
How does JustMarkets safeguard the security of Colombian traders' funds?
JustMarkets protects Colombian traders’ funds using security measures like segregated accounts and SSL encryption.
Can I deposit and withdraw money in Colombian pesos?
Yes, you can. JustMarkets supports Neteller, which allows traders to transact (deposit and withdraw) in COP.
