As the name implies, it has fewer features and would be good for someone who primarily trades from charts. Derivatives on the per-trade plan cost 50¢ each plus the $2.50 base. After 100,000 contracts in a month, the broker charges just 50¢ per option. That said, if you are trading that kind of volume, you may prefer a broker that caters specifically to options traders, like TastyWorks. It gives beginners a chance to learn the trading basics through its fully-fledged education center which gives them knowledge of different trading instruments.
Now, if you plan on trading cryptocurrencies long-term, that’s not an issue. However, it can still prove to be annoying, granted that many exchanges out there have much smaller requirements, a far as crypto purchases go. These are usually used as the deciding factor when it comes to judging a crypto exchange, at least fee-wise. Coincidentally, one of the first benefits you’ll find mentioned among Just2Trade reviews are the fees available with this brokerage.
Just2Trade is a discount brokerage founded in 2007 and headquartered in Limassol, Cyprus. The brand was acquired in 2015 by WhoTrades Inc, a company that promotes social trading services. CQG gives direct access to over 40 global markets and products, including futures and options. MetaTrader 4 – MetaTrader4 is designed for
trading operations and technical analysis in real-time while working in the
Forex, CFD, and Futures markets. The MetaTrader4 developers have used the
advanced technology of the IT industry.
Once an account is opened, clients must maintain a balance of at least $2,000 or else their capability to trade ceases until they deposit more money. Also, traders always need to consider swap or rollover fees which may be charged for positions held open for longer than a day. There are three account types designed by Just2Trade that are defined by the execution technology, or by the type of trader you may be. Just2Trade is a regulated broker with good trading software and trading capabilities, suitable for robot or auto trading.
The other difference is the market execution where Just2trade supports both market execution and instant execution while FXChoice only supports market execution. They include both brokers allowing clients to open real and demo accounts. The account is for professional traders under the MT5 platform. The trading platform comfortably accommodates high volume traders. The just2Tradetrading broker offers its customer a wide variety of account types. The move is aimed at serving the interest of different customers located globally.
Both platforms are secure and offer a range of features to suit different trading needs. Just2Trade is a great choice for anyone looking for a secure and reliable online trading platform. Just2Trade is a crypto exchange and brokerage app that offers competitive fees for its users. It does not charge any deposit fees, and its trade and withdrawal fees vary depending on the exchange and the blockchain of the cryptocurrency. Just2Trade also offers a wide range of features, such as a user-friendly interface, a variety of payment methods, and 24/7 customer support. With its competitive fees and extensive features, Just2Trade is a great choice for those looking to trade cryptocurrencies.
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. Traders’ protection is provided by coverage through the compensation fund in case things go wrong with the broker, so traders may stay assured of their funds’ safety. We found that Just2Trade also provides negative balance protection while trading Forex. Just2Trade is considered a reliable broker with good trading solutions. The broker offers a range of trading instruments to trade with competitive spreads and fees.
Brokers By Platforms
The regulators of other countries, for example British FCA, where Just2Trade ONLINE LTD offers its services, are aware of its operation. For the Russian securities market, the rate is 0.044% per day (16.6% annual). A number of top Russian brokers are ready to provide financing for the purchase of shares at less than 10% annual interest. A number of brokers offers their customers from Muslim countries a swap free option.
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The platform also offers a range of features such as low fees, fast execution, and a user-friendly interface. With Just2Trade, users can easily access a wide range of assets and take advantage of the platform’s features to make informed decisions. So you want to find a trustworthy cryptocurrency exchange alternative? Or perhaps you’re looking for a brokerage where you can buy some of the major cryptocurrencies and then do whatever you want with them? If so, Just2Trade user reviews will tell you that this platform could be a good fit for you!
Just2Trade Other Trading Fees
Market Buzz is another interesting solution for active stocks traders. Analytical materials on Forex, commodity markets and stock indices are posted once a day, closer to the middle of the European session. Under the chart, you can read the list of news items by dates, which are related to AAPL. Taking into account that there are thousands of securities and the depth of the list is more than just one year, the customers thus receive a powerful resource for working with the news items. We counted around 40 of those, including Tradingview, Sierra, Volfix, ATAS, Multicharts, Jigsaw and other products for different trading styles. The benefit of CQG platform is that you can ‘link’ platforms of third-party developers to it to improve analysis and trading efficiency.
In layman’s terms, a cryptocurrency exchange is a place where you meet and exchange cryptocurrencies with another person. The exchange platform (i.e. Binance) acts as a middleman – it connects you (your offer or request) with that other person (the seller or the buyer). With a brokerage, however, there is no “other person” – you come and exchange your crypto coins or fiat money with the platform in question, without the interference of any third party. When considering cryptocurrency exchange rankings, though, both of these types of businesses (exchanges and brokerages) are usually just thrown under the umbrella term – exchange. Just2Trade offers its users a wide selection of assets to purchase and trade, in addition to 5 of the main cryptocurrencies.
Yes – Just2Trade is a legitimate brokerage registered with several respectable regulators and financial authorities, including the CySEC, NFA, FINRA, and Bank of Russia. Over 155,000 traders from more than 130 countries have registered an account with the firm. The global social network, WhoTrades, allows traders to construct a personalized feed and discuss ideas, companies/securities, news, and strategies of interest.
Just2Trade Review – Is Just2Trade Scam or Legit?
This is a professional level software designed for trading futures on the American futures market. If you want to test demo accounts of different types, you can create a demo of one account, receive access to your personal account and then create a demo of another account type from there. You will be provided with a login to the demo account, which is a simplified version of the real personal account. 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. With an MT5 Global account (this is the main type of account, which we will review in detail below), Just2Trade customers can trade shares at 15 exchanges of different countries. We have not discovered any confirmed facts or scandals that blemish the broker’s reputation.
The platform’s charting supports over 60 indicators and configurable studies. Moreover, certain equities may have greater margin requirements if their volatility is significant enough to warrant additional money. Any changes https://traderoom.info/ to margin requirements on securities are subject to change. Accounts with concentrated positions have different margin rules. Suppose one equity position (long) represents more than 50% of the entire margin account value.
TradingBeasts helps individual traders learn how to trade forex, cryptocurrencies and other assets as CFDs. We verify and compare brokerage companies and warn our readers about suspicious projects or scam marketing campaigns. We are also a community of traders that support each other on our daily trading journey.
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The MT5 platform is used for some alternative trading options – we’ll get to that in a bit. For now, it’s worth mentioning that MT5 (otherwise known as the MetaTrader5) is the more-advanced version of MT4 – the most popular and well-known trading interface, to date. Withdrawal fees vary by quite a bit, and usually depend on two separate factors – the exchange itself, and the blockchain of a specific cryptocurrency that you want to withdraw. I have been trading for many years now and I have had an opportunity to cooperate with many forex brokers.
The broker does not charge a deposit fee on all available methods and there is zero withdrawal fee on withdrawals to the account at FINAM bank and UnionPay payment system. Account service fee is $5 per month, but it is only charged if the customer hasn’t had any trades within the specific month. Let’s review a specific example of how much a trader will have to pay for the execution of a standard lot of 100,000 units of base currency in popular trading pairs of different classes. The final figures specified in the table include the spread and all commissions and fees charged by Just2Trade and Swissquote. These can be traded on both the proprietary and third-party trading platforms and their fees are commission-based.
With the option of using different currencies such as USD, EUR, and RUB the platform is accommodating. This cause the brokerage to charge a fee for the above-named services. The brokerage fee at Just2Trades is a percentage of the transactional amount. It can also be a percentage of the turnover of funds within a specified period of time. The brokerage fee can also be based on the extra services rendered.
- Just2Trade + is their free advanced web-based trading platform, available to all clients.
- This only means that the trader’s deposit is insured – it’s safe.
- Just2trade offers clients low-cost trading on the stock markets, as well as access to alternative asset classes such as options and futures.
- There are restrictions for some methods of withdrawal (for example, debit/credit cards).
- Just2Trade offers direct access to several dozen international stock markets.
And if your friend funds the account, you will get an additional bonus of $29. In fact, your bonus can be even higher, if your friend funds the account for a large amount. Voice support in Chinese, Polish, Spanish operates regularly, during working hours on weekdays, taking into account the region’s time zone. A small just2trade review number of educational materials can be found in the Blog section on the broker’s website. However, these ‘tidbits’ for the beginners can unlikely be viewed as educational services. For the customers, who prefer to work via email, there are 4 subscriptions depending on the markets and frequency of newsletters.
Just2Trade will appeal mostly to active trading that needs access to equities (both domestic and international), options, and futures. Purchase top-rated Ledger products and get it shipped to you completely for FREE, wherever you are! At this point in time, you should have developed a pretty good idea of what to expect out of the brokerage in question, and whether or not it will suit your own expectations.
MT5 Global account is the successor of the one earlier called Single Trading Account. The broker decided to reorganize the account structure and now it is impossible to open a Single Trading Account, although open positions are still supported on them. Robo-advisor service from Just2Trade strongly resembles the one offered by Swissquote Bank, which we are using for comparison in this review.
There is also a trade ticket, which offers market and limit orders on close. The duration of an order can be set to day, GTC, or extended hours. Our partners cannot pay us to guarantee favorable reviews of their products or services. We believe everyone should be able to make financial decisions with confidence. Wilbert is an avid researcher and is deeply passionate about finance and health.