About the company:
Just2Trade is a Cypriot broker operating in global markets.
Just2Trade Online Ltd is a company registered in Cyprus. In 2015, it was acquired by FINAM, the Russian holding. In Russia, Just2Trade provides services on behalf of the FINAM trademark.
Originally, Just2Trade, along with LowTraders, was owned by Success Trade Securities, an Internet broker headquartered in Washington. And then both companies were bought out by WhoTrades Inc., a member of the FINAM group of companies. The deal strengthened the position of FINAM in the investment services segment of the US market.
Security of funds
Just2Trade is now registered in Europe and belongs to Just2Trade Online Ltd which is licensed by the Cyprus Securities and Exchange Commission (license number 281/15 dated 09.25.2015).
Cyprus has long been known as a financial hub with a convenient tax system, and therefore it is popular with brokers. However, it is quite difficult to obtain the CySEC license. Companies must have at least 730,000 euros, regularly report on financial transactions, keep customer funds in segregated accounts, and be ready for sudden inspections. Besides, all CySEC-regulated companies must be members of the Investor Compensation Fund, which is able to pay compensation to traders if a broker goes bankrupt.
Just2Trade has more than 400,000 clients worldwide.
Just2Trade provides clients with a full range of services in the international financial markets, including trading currencies, stocks, cryptocurrencies, futures, options, and CFDs.
There are three types of accounts: demo, Forex, and World.
The broker offers two basic forex trading account types: Standard and ECN.
In order to open an account, a trader should invest at least $100 for a Standard one and $200 for ECN accounts.
Spreads and commissions
Just2Trade provides comparatively low variable spreads averaged around 1 pip on EUR/USD in commission-free accounts and around 0.4 pip in ECN ones. If we add commission ($6 both sides) to ECN spreads, trading costs per lot on different account types will be similar.
The maximum leverage level is up to 1:500. Please note that the broker charges an extra fee for borrowed funds when trading certain assets.
There are several trading platforms available: MetaTrader4, MetaTrader5, TradeX Lite, Transaq MMA, J2T Europe, CQG, and ROX.
MT4 is a world-renowned trading platform, through which traders can use more than 50 built-in indicators, charts, and advisors. Clients also can create their own advisors. MT4’s successor, MetaTrader 5, is lately gaining popularity among traders. In addition, creators of both platforms, MetaQuotes, said they would no longer release updates for MT4 so that MT5 could replace its predecessor. And it can succeed in it. The platform has more advanced features and capabilities for trading.
Transaq MMA is a platform for professional trading in international financial markets. It is available for MMF accounts.
TradeX Lite provides advanced tools for technical analysis.
Analytics and news
There is an Analytics section on the broker's website, which offers current news, the economic calendar, and a subscription to analytical reviews.
A single MMA trading account gives access to US, European and Asian stock exchanges. This account can be opened in rubles.
Just2Trade carries out trust management in the stock markets of North America and Europe.
Robo-advisor is an automated investment advisor which gives financial advice with minimal human intervention.
Support service operates via phone and email. You can also leave a voice message. Oddly enough, such an advanced broker does not offer instant messengers or online chat.
There are a lot of payment options. Follow the link to find out more about all the methods and commissions. Please note that payment options depend on the type of account.
Online traders most often complain that the broker does not care about its clients needs. The support service does not seek to solve traders' problems. The company dictates its rules to customers and leaves no opportunity to challenge them.
Just2Trade 1/10 (votes 2240)