Just2Trade Review 2022 – Expert View on Stocks & Options Broker

Just2Trade HeadlinesTrading PlatformsAssets & MarketsSpreads & CommissionsLeverageMobile AppJust2Trade Payment MethodsDemo AccountBonuses & PromotionsRegulation & LicensingAdditional FeaturesAccount TypesBenefitsDrawbacksTrading HoursCustomer SupportSecurityJust2Trade VerdictAccepted CountriesAlternatives to Just2TradeFAQ

Just2Trade is an online broker offering stocks and options trading through professional platforms and apps. Premium tools and innovative programs such as Try2BFunded make the offering fairly unique. Read our detailed website review and decide if Just2Trade is for you.

Just2Trade Headlines

Just2Trade is a discount brokerage founded in 2007 and headquartered in Limassol, Cyprus. The brand was acquired in 2015 by WhoTrades Inc, a company that promotes social trading services.

Just2Trade caters to active traders with competitive pricing for those who trade in high volumes. The company is a FINRA registered broker-dealer and a member of the SIPC and NFA.

Just2Trade sets itself apart in several ways:

Competitive fee schedule and high-quality trade executions
WhoTrades social network and copy trading through Novoadvisor. These allows clients to access the top-performing strategies in the Just2Trade network
The trader development program, Try2BFunded. This offers clients who reach certain profit benchmarks while effectively managing risk under a simulated environment a funded trading account

Trading Platforms

Just2Trade offers access to bonds, commodities, futures, CFDs, stocks, forex, ETFs, cryptocurrency and options on its main proprietary platform, alongside MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

The brokerage also provides access to several third-party platforms, including Sterling Trader Pro, CQG, ROX, and the iBroker mobile app, with access to demo versions.

Just2Trade+ is a browser-based platform that requires no software download. It comes with a customizable interface, access to US exchanges, delayed market depth data, real-time news, and detailed stock information. Just2Trade+ allows you to review all your orders and shows your current portfolio and market performance. The web-based platform also has a clean and intuitive interface that displays total profit and loss, plus charting functionality. Various setups are available, including simultaneous charts. You can also choose between dark and default themes.

MT4

This platform can be used with most live accounts, except MT5 Global. MetaTrader 4 offers real-time technical analysis on forex, CFD and futures markets. Advantages of MT4 include:

Expert Advisors (EAs)
MQL4 built-in programming language
Invest from your mobile, laptop or computer
Spot and futures investing in metals and forex
Receive financial news and technical analysis from Trading Central

MetaTrader 4

You can download MT4 from the broker’s website.

MT5

MT5 is ideal for experienced investors. The platform provides single-window trading on major stock and futures exchanges, as well as the forex market, currencies and CFDs. Benefits of the MT5 terminal include:

Easy to use
Instant and pending order types
MQL5 programming language for trade advisors and indicators
21 timeframes and an extensive collection of tools, including graphical objects and drawing features

MetaTrader 5

CQG

CQG gives direct access to over 40 global markets and products, including futures and options. CQG has been active for more than 35 years. Platform fees vary between $25 and $595, though CQG Desktop is free. Investing in futures and options costs $1.50 per contract per side (buy or sell).

CQG

Sterling Trader Pro

Sterling Trader Pro is a direct-access platform for equities and options. Its options interface calculates Greeks and volatility. The options chain also highlights in-the-money options for faster decision-making. In addition, the platform has 11 preconfigured options trade structures available, including butterflies, calendar spreads, covered calls, iron condors, and straddles.

Sterling Trader Pro

ROX

You can use ROX to invest in securities on US stock and options exchanges. This includes direct access to NYSE, NASDAQ, CBOE, as well as stock markets in Canada, Mexico and Europe. Advantages include:

Trade 7,000 securities
Low commission from $0.0019 per share
Access full liquidity of US stock exchanges
Full version of ROX Premium provided, including options

Assets & Markets

Just2Trade offers a wide assortment of markets and instruments, including stocks (both US and international), ADRs, ETFs, futures, commodities, futures, options, and bonds. To manage all of these from the same interface, a trader will need to use a third-party application. IPO investing, robo-advisors, and individual investment portfolios are also available.

Spreads & Commissions

Just2Trade offers a per-share plan starting at $0.012. This drops to as low as $0.0025 per share for accounts trading in volumes of at least 500k shares a month. To enrol, you must have a minimum balance of $3,000.

For options, Just2Trade charges a fee between $1.00 and $2.15, depending on the number of contracts. For investors trading options in non-trivial volumes (i.e., beyond 10 per month), Just2Trade offers competitive costs.

When comparing Just2Trade vs Interactive Brokers, for example, the broker comes out on top in terms of options pricing.

Pricing: Just2Trade vs Interactive Brokers

Commissions on futures vary from 0.00944% of daily turnover to 0.7% of the transaction amount, or a minimum of $0.5 – $37 per contract.

Other Trading Fees

$15 per quarter inactivity charge
$0.003 per share is charged for placing a pre-market order
Basic Market Data bundle for MT5 is free, but the Advanced package costs $1 per month or free for 1 trade each month
Exchange and clearing fees are also taken varying between $0.000175 and 0.5%, with a minimum of $0.01 per order
Requests from an official regulator for certain transactions may incur one-time fees: Blue Sheets are $5, whereas a Fed Reference Request is $10
There is also a monthly fee if you are subscribe to exchange data, this is between $39 – $59 with an additional charge of up to $34.50
The commission on dividend payments for UK, EU, and Asian shares is 3% of the dividend volume, with a minimum of $3 per issuer. The dividend payment commission rate for Russian stocks is 2.2% of the dividend volume for each issuer
The structure of the fees for non-US markets is as follows: Canadian-listed stocks at 0.015 CAD per share, with a minimum 2.75 CAD per transaction; Europe and Mexico at 0.25% of the transaction value, with a minimum of 0.25 GBP/EUR/USD, plus any third-party expenses

Leverage

Just2Trade gives retail clients a leverage level of 1:50 by default. This is subject to the European Securities and Markets Authority’s (ESMA) limitation on the marketing, distribution, or sale of contracts for differences (CFDs). Professional clients are exempt from such limitations and alongside international clients, can access rates up to 1:500.

Note, leverage for spot crypto is up to 1:5 and up to 1:20 for futures and shares.

Mobile App

Just2Trade offers one main mobile app: Just2Trade+ (Just2Trade Plus), available on iOS and Android. It broadly matches the web-based terminals. Instruments available in the browser-based client are also on the app, alongside interactive charting features. More mobile applications are also available with their associated platforms, such as MT4 and MT5.

In addition, you can find APIs online, like REST API, if you wish to integrate your Just2Trade account with other tools.

Just2Trade Payment Methods

A Just2Trade account can be funded through wire transfer, Visa, Mastercard, UnionPay, 7-Eleven, Davivienda, SPEI, OXXO, PayPal, Alfa-bank, Klarna, Trustly, Neteller, P24, POLi, Nordea, Dankort, iDeal, Giropay, Skrill, or an account transfer.

For withdrawals, the following payment methods are accepted: FINAM Bank, bank wire transfers, Neteller, AstroPay, China UnionPay, Skrill, PayPal, and credit cards (Visa, Mastercard, etc).

The firm doesn’t accept deposits in cryptocurrencies, such as Bitcoin and Ethereum. Accounts also cannot be funded by credit card checks, traveler’s checks, money orders, or Western Union.

All deposits are free with the MT5 Global and Standard accounts, except Alph-bank which charges a 2.5% commission. ECN accounts incur a 2.25% to 3% commission; Trustly and UnionPay are free to use. As for speed, most transfers are instant, with bank wire taking 2-5 business days.

Commissions on withdrawals vary, with the highest coming in at 2.8%. FINAM Bank and China UnionPay are free, but only ECN accounts are able to use credit cards free of charge. Withdrawal times vary between 5-10 minutes and 2-3 days. Keep in mind that your bank may also charge fees for transactions.

Demo Account

Just2Trade offers a free demo account with up to $1 million in virtual funds on the online and mobile platforms. After you sign up, you can use the Just2Trade login page to start investing with simulated funds. Importantly, the paper trading account lets you test the broker’s platforms and tools before committing real money.

Bonuses & Promotions

There is a welcome bonus of up to $2,000 when signing up for a Just2Trade Online LTD pro account. This is a hefty account promotion though there may be withdrawal terms and conditions. Keep an eye on the broker’s website to stay abreast of new deals.

Regulation & Licensing

Just2Trade is licensed by NFA, FINRA, Bank of Russia, and is a CySEC regulated broker-dealer. CySEC regulation, in particular, is quite rigorous, requiring segregated funds, KYC checks, and financial compensation schemes. Overall, the company is a trustworthy and reliable brand.

Additional Features

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.

WhoTrades

NovoAdvisor / Lime Financial

The proprietary platform, Novoadvisor (now known as Lime Financial), gives investors access to the top-performing traders and strategies on the Just2Trade network.

Each profile on Novoadvisor shows full transparency so investors can decide whether a strategy fits their personal needs and expectations. This includes returns, drawdowns, performance trends, portfolio holdings and percentage allocations, an AI- and/or user-generated synopsis of the investing style, popularity based on follower count, and any relevant time-stamped activity.

Lime Financial

Note, Lime Financial is owned by Score Priority, which is part of Just2Trade.

Try2BFunded

Just2Trade also offers the Try2BFunded program for those looking to become professional traders. In the first two stages of the program, traders are placed on a demo/paper account and must meet a profit target while avoiding specific drawdowns and maximum daily loss amounts. If investors successfully pass both steps, they  receive access to a funded real-money account and can trade on the firm’s capital (a monthly subscription fee applies).

If a prospect successfully passes through the qualifying stages of Try2BFunded, initial capital balances are $30,000 ($100 monthly subscription fee), $50,000 ($150/mo), and $100,000 ($300/mo).

Importantly, profits are split 60% to the trader and 40% to Just2Trade.

Account Types

Just2Trade offers various accounts to fit traders’ unique personal financial needs:

Main Accounts

All primary accounts have automated trading, scalping, iOS and Android apps, 100% margin call, 50% stop out, phone and news investing, swaps, no re-quotes, metals (gold, silver, platinum, palladium), oil assets, CFDs on indices, access to Central News and Trading Central, $0.01 smallest transaction amount, and margin trading.

MT5 Global

MT5 platform
Spreads from $0
50 forex instruments
$2 per lot commission
Cannot use position hedging
Trade stocks, futures and bonds
≤ $3 per lot commission on CFDs
$100 broker minimum deposit

Standard Account

MT4 platform
Spreads from $0.5
Commission on CFDs
48 forex instruments
$0 per lot commission
Negative balance protection
You can use position hedging
$100 broker minimum deposit

This account type doesn’t offer the following: stocks, futures and bonds.

ECN (Electronic Communication Network)

MT4 platform
Spreads from $0
47 forex instruments
Commission on CFDs
≤ $2 per lot commission
You can use position hedging
No negative balance protection
Trade stocks, futures and bonds
$200 broker minimum deposit

With this live account, you cannot trade the following: CFDs on shares, stocks, futures and bonds.

Variations

Forex Islamic account
Asset management
Forex and CFD standard
CQG – futures and options
Professional trader solution
ROX – US stocks and options
Forex ECN & Forex ECN PRO

Just2Trade Asia also offers a couple of region-specific accounts: PAMM (percentage allocation management module) and Forex.

Note, all clients must be 18 years of age or older to open an account.

Benefits

Low fees and commissions for high volume traders
Options trading on a long list of European, Asian, US and other stock exchanges
Third-party applications are available to supplement Just2Trade’s existing tools
Unique features such as a social network for discussing trade ideas (WhoTrades) and a trade-following/trade-copying platform that provides access to the best investors in the network (Lime Financial)
Access to an investor development program in Try2BFunded, with capital contributions of up to $100,000

Drawbacks

Cryptocurrency is only available in Asia
Customer support is not available 24/7
Research tools, such as stock screeners, require third-party applications

Trading Hours

Opening hours run from 9:30am to 4:00pm EST, Monday through Friday, excluding holidays. Just2Trade also offers extended hours (i.e., pre-market and post-market) running from 8:00am to 9:30am, EST, and 4:00pm to 7:00pm EST.

Customer Support

Customer service can be reached using the telephone number, email, and live chat on the website. The service is available during business hours 24/5. This is a drawback versus some competitors who offer around the clock customer support.

Security

All personal information is secure and safeguarded when processed on the website. 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.

Finally two-factor authentication is enabled while the desktop platform requires user credentials (username, password) as well as a security phrase/image and pin.

Just2Trade Verdict

In our just2trade.online review, we have covered how it works, alongside the pros and cons. The broker is most likely to appeal to independent day traders and active swing traders looking to keep costs down while accessing advanced technology and analysis tools. Algorithmic traders may also have an interest in Just2Trade given the ease with which APIs and custom automated trading applications can be connected.

Yet given that Just2Trade is aimed at higher-volume traders, it lacks some the traditional analysis tools and filters (stock/bond screeners) and conventional education resources that other brokers provide.

Accepted Countries

Just2Trade accepts traders from Australia, Thailand, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders can not use Just2Trade from Afghanistan, Bosnia And Herzegovina, Central African Republic, Congo DR, Cuba, Guyana, Iran, Iraq, Laos, Libya, Nigeria, Somalia, Syria, Uganda, Vanuatu, Yemen, United States, Canada.

Alternatives to Just2Trade

If you are looking for alternatives to Just2Trade we have compiled a list of the top 5 brokers that are similar to Just2Trade below. This list of brokers like Just2Trade is in order of similarity and only includes companies that accept traders from your location.

GO Markets – GO Markets is an ASIC-regulated FX & CFD broker.

Avatrade – Leading forex and CFD broker regulated in Ireland, Australia, Canada and South Africa. Avatrade are particularly strong in integration, including MT4

Infinox – Infinox is a UK-based broker offering MT4 trading with tight spreads.

Hantec Markets – Hantec Markets is a multi-regulated online FX broker offering MT4 and a tailored service providing flexibility to suit any trader.

Vantage – Reliable and affordable trading since 2009. Join over 900,000 others trading on 400+ CFD products over assets like forex, gold, indices, cryptocurrency and shares from 0.0 spreads through TradingView, MT4 or MT5. Vantage is ASIC regulated and client funds are segregated. Open an account in under 5 minutes.

FAQ

What Is Just2Trade Online LTD Cyprus?

Just2Trade Online Ltd is a broker based in Cyprus and regulated by the CySEC. The brand offers forex, commodities, stocks, ETFs, CFDs, crypto, bonds, futures, and options.

Where Can I Read Just2Trade User Reviews?

Our website provides detailed reviews and ratings on trading brands. Alternatively, you can head to forums and sites like Trustpilot for other user reviews.

How Can I Check To See Just2Trade’s Licence?

Type “Just2Trade online LTD CySEC” into Google, and the broker’s accreditation will appear. You can also search for the broker’s name in the respective regulator’s digital register.

Can You Use Just2Trade In Malaysia?

Yes – Just2Trade accepts traders based in Malaysia. You can select your base country when you sign up for a new account.

Can You Trade On Just2Trade From The USA?

No – Just2Trade does not accept clients from the United States. This is due to regulatory restrictions and additional requirements.

Is Just2Trade A Good Broker?

Just2Trade offers an array of trading accounts and platforms, plus low spreads and commission charges. The brand is also available in various countries around the world.

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