As a beginner, it is always recommended to start forex trading with the lowest amount. However, many brokerage houses have a high minimum deposit. It can be quite challenging for a new trader to work with such a brokerage company.
But, many brokers are also offering their services at a very initial amount. The same can be said for JustForex, a popular forex brokerage company.
The real question is, what is JustForex minimum deposit? Well, let’s find out in this detailed article.
All You Should Know About JustForex Minimum Deposit
About the Broker
JustForex is a well-known registered forex brokerage house. It is regulated by Seychelles Financial Service Authority (FCA). It has over 100,000 active traders worldwide. The broker offers a variety of account types and other features. Its headquarters is located in St. Vincent and the Grenadines.
JustForex Minimum Deposit
Now that we know that the broker is reliable let’s look at its prices. Just Forex minimum deposit depends mainly on the account type you choose. Here are all of them discussed in detail:
JustForex Standard Cent Account
The standard cent account has a very low minimum deposit amount. Not only is it the lowest of all account types, but it is also one of the lowest among all brokers. You can open this account for only $1. There is no commission fee, and the spreads are as low as 0.3 pips.
JustForex Standard Account
The Standard and Standard cent accounts have some differences. For instance, the former offers leverage of 1:3000. Like the previous one, it also has no commission fee.
The spreads are the same, i.e., 0.3 pips. The JustForex minimum deposit for this account is also $1 or ZAR R16. However, you can use this account for both MT4 and MT5 trading platforms.
JustForex Pro Account
The JustForex pro account is suitable for experienced and intermediate traders. It requires an initial deposit of $100 or ZAR R1600. Another benefit of this account is the low 0.1 pips spread. It has zero commission fees and works with several currencies. These include USD, EUR, GBP, ZAR, KWD, CNY, and more.
The Pro account is available for both MT4 and MT5 trading platforms.
JustForex Raw Spread Account
The Raw Spread account is also for advanced traders. While it has the same initial deposit as the pro account of $100, some features are distinguished. For instance, it has 0.0 pips of spread and 3 units per lot commission.
The Islamic account option is available for all account types.
JustForex Minimum Deposit Methods
Another benefit of the broker is its various deposit methods. Some of the most popular options are Neteller, Skrill, Mastercard, UnionPay, Visa, Perfect Money, Bitcoin, Sticpay, Airtm, etc.
The JustForex minimum deposit is well suited for both beginners and experienced traders. Each account has a different price and offers unique features. By considering your requirements, you can easily find the one that suits you the best.
Read more interesting articles at Info Digital Space