JustForex Deposit and Withdrawal Methods

About JustForex

JustForex Review

JustForex is a fully regulated, low-risk ECN and STP Forex broker established in 2012. By signing up with JustForex, you can enjoy ultra-low spreads, low minimum deposits, and a commission-free account. Beginners and others who just want to try out Forex trading with a small amount of money can choose the Standard Cent account, which has a minimum deposit of just $1. This topic will guide you through payment information.

Now, we will take a deep dive into the popular online brokerage platform JustForex regarding deposits and withdrawals. If you are not familiar with JustForex or are new to trading, don't worry; I will clearly explain everything about the platform's deposit and withdrawal methods.

JustForex
Founded	2012
Regulations	Unregulated
Min Deposit	$1
Fees	No commissions (on some account types), swap-free, spread from 0 pips
Max Leverage	1:3000
Tradable Instruments	Forex, commodities, stocks, indices, and cryptocurrency
Live Accounts	Standard cent, standard, pro, raw spread
Demo Account	Yes
Trading Platform	MT4 and MT5 (web, Android, iOS, and Windows)
Customer Support (24/7)	Phone: +371 67881045
	Email: support@justforex.com
	Facebook, Twitter, LinkedIn, Instagram, Telegram, and Line

Is JustForex Legit?

SVG FSA only registers Justforex but does not regulate the Forex trading of this Forex broker. Since it does not hold a license from any worldwide serious Forex authority, your participation in foreign exchange activities with this brokerage company is not legally regulated, which increases financial risks. In addition, some clients who use JustForex also said that the broker has problems withdrawing funds smoothly. Considering the large amount of user transactions, it is common for brokers to have some disclosures, but they should cooperate to solve similar problems immediately. The unregulated status should be one of the primary factors that clients consider.

Deposits and Withdrawal Methods

JustForex offers a wide range of deposit and withdrawal methods, including bank wire transfer, credit/debit cards, e-payments, and cryptocurrency. With this broker, there are no deposit charges, but most types of withdrawal methods incur a fee in the form of a percentage of the amount withdrawn.

Bank Wire Transfers

JustForex offers a service for bank wire transfer, a traditional and reliable method that allows traders to transfer funds directly from their bank account to their trading account. Due to its rapid transfer speed, wire transfers are the most widely used method in actual business. Its bank charges are relatively higher than those of bill transfers. The remittance fee also includes corresponding telecommunication fees. This method is ideal for large transactions and provides a secure way to transfer funds internationally. Although bank wire transfers may take a little longer to process compared to other methods, they are a popular choice for traders looking for a reliable and straightforward way to manage their finances.

Credit/Debit Cards

JustForex supports major credit and debit cards, including Visa and Mastercard, for deposits and withdrawals. One of the main advantages of using credit/debit cards is that this payment method is widely accepted and familiar. Almost everyone owns a credit or debit card, which makes it a convenient option for traders around the world. In addition, credit/debit card transactions provide an additional layer of security, as they are protected by advanced encryption and anti-fraud measures implemented by the card issuer.

Last but not least is the convenience and speed this method offers, as transactions are processed instantly. Traders can easily link their cards to their trading accounts and transfer funds within minutes. Credit/debit card transactions offer flexibility, allowing traders to deposit funds and withdraw profits efficiently.

E-wallet

JustForex offers various electronic payment systems, including popular options such as Skrill, Neteller, and Perfect Money, which is ideal for traders who like the convenience of online trading and want to avoid the delays of traditional banking methods.

You can classify Skrill as an e-wallet payment method. Similar to PerfectMoney or Neteller, Skrill provides clients with a platform to register and manage personal accounts, where they can add funds and perform various financial operations.

Skrill is particularly suitable for small international transactions because it is usually faster and cheaper than traditional bank transfers. You can use Neteller to top up your Exness account with no fees. However, deposits and withdrawals using Neteller payment methods are limited to US dollars and euros. PerfectMoney is a Swiss electronic payment wallet and an international online banking transaction tool that can be used to trade international currencies such as the US dollar (USD), the euro (EURO), and gold.

Cryptocurrency

JustForex is also introducing cryptocurrency payment options. Traders can deposit and withdraw funds using popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. Cryptocurrency payments allow these payments to be made anywhere in the world, without restrictions like other cross-border payments, and are real-time transfers, allowing merchants to get their funds faster. Since cryptocurrencies do not need to be verified by banks or bank card schemes, transaction fees will also be much lower than traditional payment methods, and there is no need to use third-party intermediaries.

Payment processing time

Almost all methods process deposits instantly, except for Swift Wire Transfer and E-Payments Association. The former takes one to two hours, while the latter takes three to five days. During business hours, all withdrawals are processed between one and two hours. Depending on the form of payment, delivery of funds may take a bit longer, with wire transfers taking the longest at up to a week.

Why choose JustForex?

What makes JustForex stand out? One of the key advantages of Just Forex is its competitive spread. If you're tired of paying high fees to brokers, Forex's low spreads can be an attractive solution. The platform provides a wide range of account types, from standard and pro accounts to even cent accounts, catering to beginners and experienced traders. You can trade in various markets, including Forex, commodities, and indices, using the powerful MT4 and MT5.

Now, let's talk about some potential disadvantages. While the platform offers flexibility, some clients might find the website interface outdated compared to other modern brokers. Additionally, the lack of certain advanced features found on competing platforms might not appeal to more tech-savvy traders. You can choose to open an account with a low deposit or opt for the more advanced features available in the Pro account. It also has a copy trading feature where you can replicate successful traders' strategies. These can be a fantastic way to enhance your trading, especially if you're just starting.

Additionally, the platform supports various deposit and withdrawal methods, making it accessible to traders worldwide. JustForex has no commissions on some account types, although spreads may vary based on market conditions. For those who are concerned about regulation, JustForex operates under international standards, though you may want to double-check local regulations in your country. Overall, it is a fantastic choice for traders of all experience levels.