Pros & cons of Just2Trade

Just2Trade Fact sheet

Choosing a safe and reliable broker is essential for successful trading. There are various factors to consider when making a decision, but the safest brokers are well-regulated ones. 

The "Just2Trade" trademark is owned by LimeTrading (CY) Ltd. Lime Trading (CY) Ltd and is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) in accordance with license number 281/15 issued on 25/09/2015. The fact that the broker is regulated means that it can be trusted. However, it should also be mentioned that the CySEC is not very strict when it comes to licensing requirements. 

*CFD stands for Contract for Difference and such instruments enable traders to speculate on underlying asset prices without owning them. 

Just2Trade offers a wide range of tradable instruments, including bonds, CFDs on stocks, cryptocurrencies, Forex, futures, metals, options, and stocks. There are more than 30,000 instruments available through various trading platforms and account types. 

It’s important to note that:

• CFDs are best for speculative trading as traders have access to leverage, can trade both directions and enjoy tighter spreads.
• Underlying assets such as digital coins and company shares are best for investing long term, as these types of assets do not have rollover fees for keeping positions open overnight

Just2Trade offers both investment and market speculation opportunities to its clients. Let’s discuss the available instruments in more detail.

Forex trading on Just2Trade

There are 64 available currency pairs for trading with this broker. However, on Forex and CFD Standard account types, there are only 48 FX pairs. Trading fees on commission-free accounts start from 0.5 pips, which is lower than what most competitors are offering. The broker provides access to trading major, minor, and exotic currency pairs. 

Stock CFD trading on Just2Trade

The broker offers access to only US and Polish company stocks as CFDs. There are 56 CFDs on stocks available for trading. The list includes popular names such as:

• Hewlett-Packard
• Home Depot
• IBM Corp.
• Intel Corp.
• Johnson & Johnson
• JPMorgan Chase & Co.
• McDonald's Corp.
• Tesla Inc.

The maximum available leverage for trading this asset class is 10:1. For retail clients the maximum available leverage is 5:1. There are no spread markups, but the brokerage commission equals 0.03% per lot.

Share trading on Just2Trade

Trading fees differ based on which market you are trading. Brokerage commission equals 0.006 USD per share on US stocks and commissions start from 1.5 USD per trade. In addition, there are data fees. For an MT5 account, there is a 1 USD monthly fee. 

There are 1739 company shares available for trading. The broker enables traders to access global exchanges, such as:

• USA (NYSE/NASDAQ)
• CANADA (TSX)
• GERMANY (TRADEGATE/GETTEX)
• FRANCE (EURONEXT)
• UK (LSE)
• UK (LSE INT.)
• SPAIN (BME)
• RUSSIA
• POLAND (GPW)
• HONG KONG (SEHK)
• SINGAPORE (SGX)
• THAILAND (SET)
• MEXICO
• JAPAN (TSE)

Cryptocurrency trading on Just2Trade

There are 24 cryptocurrencies and 5 cryptos as CFDs available for trading with Just2Trade. There’s a commission for holding positions overnight, in particular, 21.9% per annum of borrowed funds (charged daily). The maximum available leverage is 5:1.

Commodity CFD trading on Just2Trade

There are precious metals and energies available for trading with Just2Trade. The maximum available leverage for trading these investments is 200:1. The brokerage commission equals 2 USD per lot.

The full list of commodities offered include: 

• XTIUSD (Crude Oil, Light Sweet)
• XBRUSD (Crude Oil Brent)
• Natural Gas
• XAUUSD (gold)
• XAGUSD (silver)
• XPTUSD (platinum)
• XPDUSD (palladium)
• XAGAUD (silver)
• XAUAUD (gold)
• XAUEUR (gold)

Indices trading on Just2Trade

Indices follow the performance of baskets of stocks and are perfect indicators of the health of certain industries or economies. For instance, the FRA40 follows the performance of the top French company shares. For this reason, the indicator is used to assess the French economy. At the same type, indices can be traded as CFDs.

Just2Trade offers access to trading some of the most popular indices. The full list of available instruments includes:

• US500m
• USTECH 100m
• UK100
• FRA40
• ESP35
• AUS200
• JPN225

Different account types are available for different trader types. For traders that wish to only trade CFDs and FOREX pairs, there’s a dedicated account. Stock traders will also find a suitable account, but let’s dive deeper and uncover more details. 

Pros & cons of Just2Trade account types

Just2Trade Forex and CFD Standard Account

This account type is for trading currency pairs and CFDs on indices, and metals. There are 48 currency pairs available through the MetaTrader 4 platform. The minimum initial deposit required to open this account is 100 USD. The Stop Out level is at 50% and margin call emails are sent at 100%. Hedging, phone trading, and automated trading are available. Trading fees start from 0.5 pips on EUR/USD. 

Just2Trade Forex ECN Account

The ECN account offers raw market spread trading. On the other hand, traders are charged commissions starting from 3 USD per lot. The available platform is MetaTrader 4 (MT4) and similarly to the Standard accounts, traders have access to hedging, automated trading, and phone trading. The maximum number of available Forex pairs is 47 and traders need to deposit at least 200 USD to be able to open the account type. 

Just2Trade MT5 Global Account

There are no spread markups on the MT5 Global account. On the other hand, there’s a 2 USD commission per traded lot per side. The available trading platform is MetaTrader 5 with a minimum initial deposit of 100 USD. There are 50 currency pairs available for trading on this account in addition to indices and commodities. 

Getting started on Just2Trade – Main steps

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. 

Step 1: Open an account

First things first, go ahead and open the main web page of Just2Trade. You’ll be able to see the “APPLY'' button in a green box at the top right corner of the page. By clicking on the button you will be transferred to the registration page. Fill in the information required to move to the next step. 

Step 2: Time to verify your account

During the registration, you will be required to provide additional information and provide proof of residency along with proof of your identity for verification. The documents can be uploaded on the account page. You can use utility bills or bank statements as proof of residency and a government-issued ID card, passport, or driving license as proof of identity. 

Step 3: Make your deposit and start trading

The final step is to deposit funds and start trading. The broker offers various methods for account funding, including bank transfer, Bitcoin, credit/debit card, crypto, Neteller, POLi, PayPal, Skrill, and iDeal. All of the deposit options are free. However, most withdrawals are charged 0.20% - 2.5% of the withdrawal amount. 

It should be mentioned that during the registration process, we experienced technical issues. Which is why the registration process gets a low rating from us. 

Trading fees with this broker are low compared to competitors. There are no inactivity fees and spreads on the commission-free Standard account start from 0.5 pips. Let’s compare the fee policy with other brokers to better understand the difference. 

Comparing Just2Trade fees with other brokers

Just2Trade fees compared to Interactive Brokers fees

*Inactivity fee was eliminated by IB in 2021, it used to be $20/m

Just2Trade fees compared to CM Trading fees

Just2Trade fees compared to plus500 fees

Just2Trade fees compared to XM fees

Just2Trade fees compared to AvaTrade fees

Just2Trade fees compared to Capital.com fees

Just2Trade offers desktop, mobile, and web trading terminals to its clients. The available platforms are: 

• MetaTrader 4 - best for trading currency pairs
• MetaTrader 5 - best for trading various asset classes, such as FX, shares, indices, and commodities
• CQG - best for trading futures and options. The platform provides direct access to more than 40 exchanges all over the world
• J2TX - best for trading cryptocurrencies
• Sterling Trader Pro - best for trading shares. The platform provides access to all of the US equity and options exchanges including OTCBB and Pink Sheets

Overall, the available platforms offered by this broker are great and traders of different needs will easily find what they are looking for. 

The educational material and research tools are pretty extensive, however, webinars, seminars, and video guides are lacking. Available resources include: 

• News
• Economic calendar
• Trading central signals
• Subscription services to research notes
• Just2Trade analytics archive of research notes
• Blogs and articles
• Glossary of financial terms

The broker understands the importance of good customer service and provides 24/7 customer support via email, live chat, and over the phone. Customer service is available in 12 languages. 

To sum everything up, Just2Trade is a good broker that offers a wide range of tradable instruments and access to various trading platforms, but the broker is not strictly regulated. It has a license from the Cyprus Securities and Exchange Commission, and trading fees are low, starting from 0.5 pips on the Standard account for the EUR/USD pair. The maximum available leverage is 500:1.