Just2Trade Review: Key Features, Pros and Cons
CQG is available in various different high-end terminals both for investors and for speculative traders. This includes CQG Integrated Client, CQG Spreader, CQG QTrader, CQG Trader & CQG Desktop. You will find that Just2Trade have a great variety of flexible and powerful trading platforms suitable for all styles and levels of traders. They offer the MetaTrader 4 (MT5), MetaTrader 5 (MT5), CQG & ROX platforms.
- The broker does not accept short orders for stocks priced under $3.
- Although there are companies with lower minimum deposits, this is still a reasonable amount.
- Over 155,000 traders from more than 130 countries have registered an account with the firm.
- Trader may use customizable desktop clients, lightweight web-based alternatives, and user-friendly mobile apps.
- The broker puts great emphasis on Anti-Money Laundering (AML), Counter Terrorist Financing (CTF) and Know-Your-Customer (KYC) measures.
Just2Trade’s mobile applications also offer a PIN or fingerprint authentication. In addition, the company uses an external account verification system, alongside Plaid to authenticate a client’s bank and brokerage accounts. The global social network, WhoTrades, allows traders to construct a personalized feed and discuss ideas, companies/securities, news, and strategies of interest. The service is also accessible to all, not just Just2Trade clients. Commissions on withdrawals vary, with the highest coming in at 2.8%.
As always in Cyprus, the broker is regulated by the Cyprus Securities and Exchange Commission (CySEC), which in turn is overseen by the European Securities and Markets Authority (ESMA). Just2Trade is best for the self-directed short term trader for whom $4.99 commissions from a big-five broker is too expensive. It is best if you have your own research sources that you pull from, as Just2Trade’s offerings are almost nonexistent. Additionally, this trader should be good at troubleshooting platform issues, as the customer service is not as reliable as a larger broker either.
Deposit and Withdrawals
For example, widgets include charting, orders, basket orders, option chains, market depth, news, stock info, and watch list windows. Also, inside the personal account, customers can transfer funds from one trading account to another. Therefore, customers can choose the best suitable way to fund the account, and then transfer the money to another account type. However, this idea is unlikely to work, because if the broker detects such ‘maneuver’, it can charge additional commission on transfers between accounts. 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.
Compare Just2Trade with Other Brokers
Just2Trade is a regulated broker with good trading software and trading capabilities, suitable for robot or auto trading. Its main goal is to promote efficient, transparent and integrated financial trading infrastructure, ensuring a higher degree of investor protection. The directive contains measures for the organisation and functioning of investment firms, facilitating cross border trading, while creating strategic opportunities. In the scenario where an account succumbs to inactivity, potential fees may be applicable, urging users to remain engaged or to withdraw funds accordingly. Forex trading is operationalized on a spread basis, eliminating the necessity for additional commission fees and ensuring a straightforward trading environment. More significantly though, Just2Trade charges an inactivity fee of $15 per quarter during any quarter in which less than five trades have been placed.
Best offers
By leveraging push notifications, traders are kept abreast of real-time market shifts and alterations in their portfolios, ensuring they remain at the forefront of every pivotal movement. On ordinary online stock trades, Just2Trade offers a flat-rate commission of just $2.50. Only two of the nineteen brokers MoneyRates surveyed offered lower commission rates, and $2.50 represents of a substantial discount from the average online broker flat-rate commission of $6.05.
It offers all the basic features one would expect from a web-based broker platform, and then some. In addition to the staple features like candlestick charting, watch lists, and an option chain, the platform also features level 2 and time & sales. In this section we’ll show you how to open a live trading account with Just2Trade. The registration process and account activation are fully digital, and the broker’s web page is very initiative and user-friendly. In addition, customer support agents are available 24/7 in case you have any questions.
Other sectors need to be included or underrepresented besides the 25 commodity CFDs and futures. Just2Trade impressively integrates a broad array of trading instruments with sophisticated platform features, catering deftly to both trading neophytes and market veterans. The platform’s commitment to user-centric solutions is evident in its diverse account types and its focus on enhancing the demo trading experience.
You can also search for the broker’s name in the respective regulator’s digital register. Overall, when we used Just2Trade, our team found that it stood out for its wide selection of advanced trading tools. The web-based platform also has a clean and intuitive interface that displays total profit and loss, plus charting functionality. During my review, just2Trade neither offered bonuses nor promotions; a quality partnership program exists.
STOCK TRADING SERVICE
Also, this platform operates for over 35 years and gained its truly reputable standing within the financial industry. Details regarding futures trading fees are subject to verification, and potential traders should consult just2trade review Just2Trade’s official platform for accurate, real-time information. For traders adhering to Islamic finance principles, the broker courteously offers an Islamic (swap-free) account, aligning with Sharia guidelines.
Trading fees are defined by the instrument traders choose, and also may vary from one platform to another. Alike, trading futures or options through CQG will cost you $1.50 commission per side. Opening an account with the broker is a quick and easy process with a short online registration form to complete. After this you will need to fill out a questionnaire to ensure your suitability for the products and services offered, this is done to protect inexperienced clients. If accepted you can then upload your documents to verify your identification (passport, drivers license, etc) and address (e.g. utility bill no older than 3 months). Once verified by the Just2Trade account team, you can then fund your account and commence trading.
Is Just2Trade A Safe Broker?
Also, you need to specify the type of the account you want to open. Please note that you can open any type of account during registration, and then, in your personal account, you can open a different type of account, if necessary. 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. In order to open a real account of Forex Standard type, USD 100 is enough. Trading with Just2trade, you receive access to the most popular exchanges of the world.
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. As mentioned above, Just2Trade doesn’t follow
the same tiered account approach you’d find at most other online brokers. With that said,
there are three forex trading account types, as well as a demo account type
available. Just2Trade gives its clients access to all the
asset classes you would expect from a modern online broker.