Just2Trade Review 2023 Expert View On Stocks & Options Broker

With this live account, you cannot trade CFDs on shares, stocks, futures and bonds. Its trader development program, Try2BFunded, is unusual among brokers. It allows clients to trade on the firm’s capital with no risk and a 60/40 profit share. The company has also recently begun accepting cryptocurrency deposits, such as Bitcoin and Ethereum. PayPal, credit cards, checks, money orders, and Western Union cannot be used to fund accounts. Most high-volume traders and investors cannot recall how much they earned in commissions from the previous year.

We estimated the broker’s reliability as high, but not as high as possible. According to its regulation, Just2Trade is subject to various restrictions on how to operate the trading process. Just2Trade which is owned by LimeTrading (CY) Ltd operates through its registered office in Cyprus and is authorized and regulated by CySEC. For the Cons, there are some limitations in education, and sometimes will be required third-party software for certain research tools. Checking out their website we found it to be
well organized, with all the necessary information a prospective trader might
need easily found.

Is Just2Trade Good For Day Trading?

All funds deposited into your trading account must be under the same name as your Just2Trade trading account. Withdrawal requests are processed within the same day or next if outside working hours. The withdrawal time can vary depending on the payment provider and method. Bank transfers may take a few business https://forex-reviews.org/just2trade/ days to clear whilst some methods can be instant. The broker does not offer services to the United States or any other jurisdiction where such products or services are not permitted. If you find that your country is not accepted, please feel free to take a look at our broker ratings for another option.

And QTrader is a rather complex product with years of work behind it. In fact, a whole book can be written about the multiple functions of QTrader platform. However, this is not the purpose of our review, so let’s move to CQG Desktop. No commission is charged on deposits in cryptocurrency, while the speed depends on the peculiarities of blockchain, although the broker claims ‘instant funding’. Compared to other brokers, Just2Trade is significantly behind in terms of available base currencies.

Just2Trade Company Details

As we already mentioned, ROX accounts types (it can also be called US Exchanges or Global Markets) and CQG accounts (aka Global Futures) are serviced by a special department inside the broker’s structure. They are less popular and the information about them is less extensive. At the time this article was being written (end of 2020), the Trading signals service essentially meant email notifications about potentially profitable opportunities on the financial markets. The signals are developed by the analysts of the partner (or, better, mother) company FINAM. You can see how the signals are sent and the examples of previous signals on the page by clicking on “Check Previous Ideas”.

If you’re looking for a different alternative, you can also take a look at our list of the best cryptocurrency exchanges in the current industry. Our review indicates that the brokerage and its trading platforms feature a host of market analysis tools to trade. Just2Trade broker offers professional customer support around the clock.

Stocks Trading

Account service fee is $5 per month, but it is only charged if the customer hasn’t had any trades within the specific month. Conditions of Just2Trade for holding marginal positions cannot be considered attractive for developed markets. 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. MT4 and MT5 as market-leading platforms are available to install on PC, МАС, any mobile device, or tablets. The platforms provide advanced trading features with EAs allowed for all styles of automated traders, with Trading Central opportunities, Indicators, Signals, and Copy trading.

Just2Trade is also a member of the Securities Investor Protection Corporation (SIPC), covering investor funds deposited with the discount broker for up to $500,000. Novoadvisor’s main focus is collecting investment tips from the general public and sharing them with other traders and investors. Trading on the Just2Trade network is made easier by Novoadvisor, a proprietary trading platform developed by Just2Trade that connects investors with the best-performing investors and trading strategies. Its options chain emphasizes in-the-money options for quicker decision-making. Furthermore, the platform offers eleven predefined options trade structures, such as Butterflies, Calendar Spreads, Covered Calls, Iron Condors, and Straddles. Portfolios can avoid ACAT fees by first liquidating (converting all positions to cash) and closing.

To start trading, a trader needs to have $3,000, while the brokerage commission is from 0.125% of the transaction volume, but no less than $10. 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 offers over 30,000 trading instruments with spreads starting from 0 pips and a full range of powerful trading tools. Those who already have some trading experience
can opt for the Forex ECN account, which
delivers the greatest execution speed and extremely low spreads that begin at 0
pips.

Latest News

As you can see, Just2Trade offers beneficial conditions for trading US stocks, which can only be comparable to Degiro, the discount broker. In the majority of other markets, we estimated the broker’s commissions as high due to a considerable minimum commission per trade. This makes trading small lots of UK, German, Japanese and other countries’ stocks unprofitable. Just2Trade applies different approaches to charging commissions on trading with different exchanges. At the stock market, it could be a commission per share (NYSE, Nasdaq), or per trade (EURONEXT, LSE) On the Forex market, the broker charges a low fixed commission per lot. The company offers special conditions for investment portfolios.

• Two-factor authentication is available, but not on all resources of the broker.
• There are news items on the broker’s website, sorted by the tickers and available to all.
• All I really wanted, was to actually enjoy life – more vacations, less stress, buy myself nice things without worrying about the cost… but that was something my 9-5 couldn’t provide me.
• Access to the exchanges of Asia and Oceania is average – only 4, albeit rather large, exchanges.
• There is exhaustive information about the restrictions on the website of the Cyprus regulator, as the source.
• The brokerage recommends the platforms according to the type of security traded.

The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. I think they could improve further by adding support for some more currencies and crypto deposit like Coinexx. I was pleased to see that the broker gives you professional analytical assistance with high-quality research that covers most financial markets and instruments worldwide. This can be an excellent way to improve your knowledge of the markets and your trading strategy. Robo-advisor is a globally recognised service that aims to help traders using modern technologies. It is an automated investment adviser for creating and managing an investment portfolio with minimal human intervention.

Just2Trade Contact & Customer Support

Suppose one equity position (long) represents more than 50% of the entire margin account value. In that case, the maintenance margin requirement for that investment is 50%. This review is written based on my own experiences with this business model. That was until a few years ago when I discovered a way to make money online by actually helping real people. The Bullish Bears team focuses on keeping things as simple as possible in our online trading courses and chat rooms. We provide our members with courses of all different trading levels and topics.

Analytical and news reviews are rather a strong suit of Just2Trade. We counted around 40 of those, including Tradingview, Sierra, Volfix, ATAS, Multicharts, Jigsaw and other products for different trading styles. The third step is Account Settings, where you specify the account type, security word, and set up leverage. It is green and can be found at the top of just2trade.online website.

If you’re wondering is Just2Trade safe, however, I do have good news for you – both the exchange, and the interfaces that it utilizes are completely safe to use. Naturally, we’ll also talk about the less-positive sides of the platform, too. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Claim your profile to access Trustpilot’s free business tools and connect with customers. J2T is an excellent broker that provides all the necessary tools for quality trading. Just2Trade provides dependable capital protection and security.

• Spreads on this account type start from 0 pips with a $2 per lot commission charged.
• Most high-volume traders and investors cannot recall how much they earned in commissions from the previous year.
• Our trade rooms are a great place to get live group mentoring and training.
• This simply means that the platform follows all of the necessary security and data protection guidelines, and that it is trusted in the aforementioned regions.

CQG Trading Platform – CQG provides
direct access to more than 40 exchanges all over the world and a wide range of
instruments traded on these exchanges — futures, options, and their
combinations. While the desktop
CQG platform is free, there are charges for upgraded CQG access. There is also
a $3,000 account minimum for trading with this platform. The next type of account offered is the
standard Forex account. This is a beginner’s account that features a lower
minimum deposit amount of $100, along with no brokerage commission and
protection against negative balance.