For scalpers, brokers with 5-digit cent accounts might be a recommended choice due to their specialties in low-risk trading with high accuracy pricing. Here is a list of top brokers for scalpers with the exact advantages.

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Choosing which broker to use is a crucial step for any forex trader. Among the many factors that need to be considered when choosing a broker, it is crucial to make sure that the broker can support the trading strategies applied by the traders.

Forex has a very dynamic market and can be approached in many different ways. That is why each trader must have their own strategy and preference, which then determines the most suitable broker for them. Remember that not all brokers can fulfill any trader's needs because each broker offers different conditions adheres to different regulations.

5-digit cent account can be beneficial for scalpers.

One of the trading strategies that are quite popular among traders is scalping. Like any other strategy, scalping has specific needs to make the trade goes smoothly. In this case, scalpers typically prefer a broker that provides 5-digit Cent Accounts. So, what exactly is scalping, and why is it preferable to combine it with 5-digit Cent Accounts?

 

 

A Brief Introduction to Scalping

Forex scalping is a trading method used to buy or sell currency pairs by taking advantage of small price movements throughout the day. Traders can either do scalping manually or automatically. Manually, traders should stand by in front of the screen to monitor the price movements and trade the signals. Whereas in automated scalping, traders only need to input the setups to let the software know of their parameters and execute the signals according to the previously set strategy.

Scalping is a trading method that make use of the small price movements throughout the day.

Scalpers will keep the risk minimum because they only target for small gains, about 5 to 20 pips per trade. As a result, they will usually open a position multiple times a day. Although each trade's profit is considered small, scalpers can make a significant amount of gains by increasing the position size and the winning rate.

Scalping can be really beneficial, especially after a high-impact news release, because it can make the bigger price movements in a short amount of time. In other words, scalpers always look for opportunities to take advantage of the price movements and close the trade as soon as they get profit even if it's small.

See also: The Secrets of Successful Scalping Strategy

 

Combining 5-digit and Cent Account

In many forex articles and tips, it is often said that the ideal broker for a scalper must have tight spreads, high accuracy of execution, and obviously, must allow its traders to scalp. Tight spreads are needed because scalpers trade multiple times a day, so if the spread or commissions are too high, it can affect their profit and loss. Accuracy is also vital because scalpers need to execute multiple trades in a short amount of time. If the execution often leads to slippage and missed orders, imagine how bigs are the accumulated loss from the price differences during which the trades are executed.

In this case, 5-digit accounts can offer more accurate pricing and tighter spreads than 4-digit quotes. Say EUR/USD's current bid and ask prices are 1.2223 and 1.2226 at a 4-digit broker. In the 5-digit broker, the prices can display a more precise number; 1.22235 for the bid price and 1.22262 for the ask price. When the spread charged by a 4-digit broker is 3 pips, the 5-digit broker would only charge 2.7 pips.

See Also: Fixed Spread Vs Floating Spread: 5 Things You Should Know

At first glance, the 0.3 pips difference doesn't seem that much. But for scalpers whose profit targets are relatively small, that number can undoubtedly make a significant impact if multiplied by the number of trades executed by scalpers in a day.

When it comes to Cent Accounts, it can also help scalpers to trade better because this type of account uses Cent as the base currency, which is 100 times smaller than the standard currency. Thus, the transaction value used to open positions on this account is also reduced. To compare, 1 standard lot in a Standard Account is worth $100,000, while on a Cent Account, it is only worth 100,000 US cents or $1,000.

The combination between 5-digit feature and cent account is useful for scalping method in forex trading.

If we combine the two features from 5-digit quotes and cent accounts, the risk of scalping will indeed be reduced by a lot. Though it could only bring a small profit, it shouldn't be a problem to scalpers as their target is to get small but frequent profits.

 

Top Brokers with 5-digit Cent Account

If we look closely, the 5-digit feature is commonly offered by forex brokers nowadays. It is predicted to keep expanding in the next couple of years because it reflects the development of global transactions that will indeed become the benchmark for all market players. In contrast, there are not many brokers that provide Cent Account even though it is useful for beginners and small-risk takers. Thus, it's quite hard to find a broker that offers both the 5-digit feature and a Cent Account.

In some cases, there are brokers like InstaForex and Alpari that support both Cent Account and 5-digit features. Yet, due to their respective policies, they don't allow traders to activate the 5-digit feature in their Cent Accounts. The following list of brokers will not include brokers with such restrictions. In fact, the 7 forex brokers below are well-known for their commitment to enhancing their traders' success with any kind of strategy, including scalping.

 

Exness

 
Spread
Variable and Fixed
Regulation
CySEC, 178/12

Min Deposit
$1
Established
2008


Trading contests

Free education

PAMM accounts

LAMM accounts

Segregated accounts

Affiliate program

Islamic accounts available

Payment

Bitcoin
Credit/debit cards
Neteller
Perfect Money
Skrill
Tether (USDT)
WebMoney
Wire transfer
Yandex.Money

The choice of broker is adjusted to the needs of each trader. If you are a trader who only needs a basic platform and trading features with the best attributes, then Exness can be your best choice.

Exness covers its lack of feature variations with other advantages like low spreads starting from only 0.1 pip. This is very suitable for traders who use scalping strategies (Scalper). Spreads on major pairs in certain account types can also be as low as 0.0 pip, depending on market conditions.

Not only that, but traders can also enjoy other advantages such as an automatic fund withdrawal system. If a trader withdraws funds through the e-Payment facility provided by Exness, the processing time is instant and goes straight into the account. This means that when traders make a withdrawal, everything happens automatically without human intervention.

The safety of traders' funds is also guaranteed as Exness is one of the European-based STP/ECN brokers. Exness's ability to become an official partner of the Real Madrid soccer team for 3 years, starting July 2017, also provides evidence that the company has high solidity.

Deposits and withdrawals may be made 24 hours a day, 7 days a week. However, it is important to note that the company shall not be liable for delays in processing deposits and withdrawals if such delays are caused by the payment system.

Traders do not need to worry about transaction fees when depositing and withdrawing. When trading on Exness, transaction fees are not charged to traders. A variety of payment methods are provided for traders, including Wire Transfer, Bank Card, Neteller, Skrill, and many others.

All information displayed on the Exness website is tested and proven. Their business is audited quarterly by Deloitte, which is an audit company for financial services.

Moreover, Exness is one of the mote transparent brokers in the online trading industry. Traders can find out all information about this company on the website, such as trading volume, number of active clients, client deposits, company funds, and many more.

The platforms provided by Exness vary in MetaTrader 4, MetaTrader 5, Web, and Mobile platforms. This makes it easy for traders when trading on Exness, as they can also access Exness platforms anywhere and anytime.

Over the years, Exness has developed into a broker that attracts traders. Trader's trust is further enhanced by its compliance with financial regulations like the FCA and CySEC.

One measure of client confidence can be put on the trading volume. By December 2018, their clients' monthly trading volume reached USD348.4 billion and active traders around the world surpassed 50,342.

Through the program offered by Exness, traders also have the opportunity to earn extra income by becoming their partners. From the Introducing Broker (IB) program, partners can earn up to 33% spread commission from every new client that registers with them.

Additional income can also be obtained from Exness Partners. Traders can get a spread commission of up to 25% per transaction made by traders who register through an affiliate link.

When trading with Exness, profit opportunities generated by traders also increase with VPS hosting services. This feature helps to maintain trading activities to progress smoothly and without interruption in the event of unexpected troubles such as lost internet connection or electricity problems that shut down traders' PCs unanticipatedly.

From the review above, it can be concluded that Exness is a favorite broker for traders because of low spreads and flexible account types. This condition is very suitable for traders with limited funds but is in need of more opportunities to get maximum profit. This broker is also well known for its maximum support on both new and existing partners.

Exness is a top forex broker that offers both 5-digit features and Cent Account for its traders. In this broker, the 5-digit part is available for Cent Accounts and other types of trading accounts. With only $1, you can open a Cent Account and choose maximum leverage of 1 to infinity. As for the spreads in the Cent Account, it has a minimum range of 0.3 pips. On top of that, the smallest lot size is 0.01 cent lot which translates to 0.0001 standard lots. Unfortunately, this broker does not provide cryptocurrency and indices trading on Cent Accounts.

 

FBS

 
Website
fbs.com
Spread
Variable and Fixed
Regulation
ASIC, 426359

Min Deposit
$1
Established
2009


Bonus offers

Trading contests

Free education

Affiliate program

Islamic accounts available

Payment

Credit/debit cards
FasaPay
Local bank transfer
Neteller
Perfect Money
Skrill
UnionPay
Wire transfer

Since 2009, the action of FBS Holding Inc. or known as FBS in the world of forex trading has been recognized by various international institutions. With clients reaching 14 million as of 2019, FBS has received the title of Most Transparent Forex Broker 2018, Best Investor Education 2017, Best Customer Service Broker Asia 2016, IB FX Program, and many others.

FBS is regulated by IFSC Belize and CySEC Cyprus. This broker has been trusted by millions of traders and 370 thousand partners from various countries. Based on their data, FBS garners about 7,000 new traders and partner accounts every day. And, 80% of the clients stay in the FBS for a long time. No wonder the broker is growing rapidly due to the incredible growth in the number of clients.

Trading products offered by FBS range from forex, CFD, precious metal, and stock. For forex trading, CySEC-regulated FBS offers leverage up to 1:30 on Cent and Standard Accounts. Clients who want to try higher leverage than that can alternatively register an account under FBS Belize.

In all types of accounts, provided spreads start from 1 pip. On a standard account, volume orders can be made from 0.01 to 500 lots. Therefore, this account is recommended for experienced traders.

Whereas on Cent Accounts, volume orders can be carried out with a maximum of 500 cent lots or the equivalent of 5 standard lots. Cent Accounts involve a different level of risk. FBS recommends Cent Accounts for beginner traders. All account types support the following trading tools: 28 currency pairs and 2 metals.

Before plunging into the real forex market, traders can practice with FBS Demo Account which consists of two types, i.e Standard and Cent.

FBS uses the MetaTrader 4 and MetaTrader 5 platforms. They offer them on Windows and Mac as well as Android and iOS mobile. These platforms provide a trading experience at traders' fingertips, allowing traders to progress as a trader anywhere at any time.

MetaTrader platforms also have a variety of mainstay features, including the possibility to create, buy, and use expert advisors (EA) and scripts, One-click trading and embedded news, technical analysis tools, the possibility to copy deals from other traders, hedging positions, and VPS service support.

Another advantage provided by FBS is a deposit bonus of 100% for clients who fulfill certain requirements. The process of depositing and withdrawing funds can be run easily and quickly. Based on clients' testimonies, each process usually takes no more than 3-4 hours, except on holidays.

To increase the security of client funds, FBS also provides segregated account where 70% of funds can be deposited in the client bank. This broker also presents something unique; a guarantee 10% to 100% of the deposit fund. If a trader loses funds during a transaction but is insured, FBS will refund the trader's funds.

Traders also have the opportunity to develop a side business when trading with FBS, namely as an Introducing Broker (IB) or Affiliate. The FBS partnership system provides partner commissions that are already in 3 level positions. Only by introducing new clients to FBS according to certain procedures, traders can earn extra income.

Traders will also get trading education experience at FBS. They have prepared a comprehensive forex course. The course consists of 4 levels: beginner, elementary, intermediate, and experienced. Traders can take courses that will turn them from newbies to professionals. All materials are well-structured. Besides, FBS provides various forex analyzes, webinars, forex news, and daily market analysis that can be accessed easily on their site.

Traders can access the FBS website with many language choices. Of course, this will increasingly provide comfort for traders. Available languages include English, Dutch, Italian, French, Portuguese, Indonesian, Spanish, and others. Live chat support is also provided 24 hours 7 days a week.

In conclusion, FBS is a widely known broker among retail traders around the world. It continually grows to become a preferred broker because of flexible trading conditions that enable its clients to trade with various instruments, low deposit, and other trading advantages.

FBS is widely known to be a broker that suits many types of traders, including scalpers. Apart from the 5-digit feature, the broker also offers Cent Accounts explicitly for newcomers. With deposits starting at $1, you can use the 5-digit service at FBS. This is also followed by maximum leverage of 1:1000, order volume as low as 0.01 cent lot, and STP market execution.

However, because the features are designed for beginners, the broker limits some conditions to prevent traders from overtrading. That is why there is a maximum limit to the number of orders that can be opened simultaneously. So, if you are an active scalper who needs to open multiple positions at the same time, this restriction might be worth considering before you register in FBS.

 

RoboForex

 
Spread
Variable and Fixed
Regulation
IFSC (Belize), 000138/107

Min Deposit
$10
Established
2009


Interest rate on funds

Bonus offers

Trading contests

MAM accounts

Affiliate program

Islamic accounts available

Payment

Bitcoin
Bitcoin Cash
Boleto Bancário
CashU
Credit/debit cards
ecoPayz
Ethereum
giropay
iDEAL
Liqpay
Litecoin
Neteller
Perfect Money
Skrill
SOFORT
UnionPay

Well-known as one of the most committed brokers in trading technology advancements, RoboForex reaches out to a wide range of traders, from beginners to the more experienced ones who seek sophisticated trading environments with ECN-like spread and execution. The company is established in 2009 and holds a head office in Belize. Registered under the IFSC Belize, RoboForex manages to attract clients with fantastic leverage as high as 1:2000.

As for the service for European-based traders, RoboForex specifically operates a different brand called RoboMarkets that is still a member of the head company (Robo Holding Company) and has an office in Cyprus. The operation is licensed under Cyprus Securities and Exchange Commission (CySEC).

Following its commitment to be the forefront in terms of a high technology forex broker, RoboForex provides various trading platform choices including MetaTrader 4, MetaTrader 5, cTrader, Social Platform, and its proprietary platform.

Trading instruments range from Currencies to Metals, Indices, Energies, Stocks, ETFs, and Cryptocurrencies. Aside from basic service, trading in RoboForex also presents a collection of distinctive features such as the PAMM system and Social Trading network developed with their own brand of CopyFX, ETFs, and stocks that reaches up to thousands as the available trading assets, tight spreads, and payment method via Bitcoin and Ethereum.

RoboForex also accepts payment through a surprising online gateway besides wire transfer and credit card. The alternative methods are Skrill, Neteller, FasaPay, UnionPay, WebMoney, Perfect Money, Qiwi, and other similar online payments.

After opening an account, traders can start with a minimum deposit as low as $10 in Pro Accounts. To specify, here is a short description of each type of accounts that traders can choose from in RoboForex:

Pro-Standard

  • Minimum Deposit: $10
  • Spread: from 1.3 points
  • Minimum order volume: 0.01
  • Leverage: up to 1:2000

ECN-Pro

  • Minimum Deposit: $10
  • Spread: from 0 points
  • Minimum order volume: 0.01
  • Leverage: up to 1:300

Prime

  • Minimum Deposit: $5,000
  • Spread: from 0 points
  • Minimum order volume: 0.01
  • Leverage: up to 1:100

Pro-Cent

  • Minimum Deposit: $10
  • Spread: from 1.3 points
  • Minimum order volume: 0.1
  • Leverage: up to 1:2000

R Trader

  • Minimum Deposit: $100
  • Spread: from $0.01
  • Minimum order volume: 1 stock
  • Leverage: up to 1:200 (during the trading session) and up to 1:4 (after the trading session)

The R Trader account signifies RoboForex's attempt to distinguish forex and stock trading condition. It appears that the platform used in that particular account is RoboForex's in-house product that is specifically designed for stock online trading.

The overall description above depicts RoboForex as a distinguished broker despite its status as an offshore-regulated entity. Not only successful in providing various trading technology, but RoboForex also focuses on stock trading for more conservative traders. However, it is also important to note that RoboForex is one of the few brokers that boldly offer an extremely high perimeter of leverage at 1:2000.

RoboForex is a broker that offers 5-digit Cent Accounts with many impressive trading facilities such as trading platforms other than MetaTrader, copy trading, free VPS, automated trading signals from MetaTrader, and many more. There are no minimum deposit requirements, and leverage is available from 1:1 to 1:1000. RoboForex offers 5-digit feature in the Cent Account, so scalpers can make use of this service to optimize their trades. The account also has other features such as floating spread and market execution which are very useful for scalpers.

 

FXTM

 
Spread
Variable and Fixed
Regulation
CySEC, 185/12

Min Deposit
$10
Established
2011


Bonus offers

Trading contests

Free education

Personal manager

Trading by telephone

Segregated accounts

Affiliate program

Islamic accounts available

Payment

Bitcoin
Credit/debit cards
DIXIPAY
FasaPay
Neteller
Perfect Money
QIWI
Skrill
UnionPay
WebMoney
Wire transfer
Yandex.Money

FXTM was initially launched in 2011 with a unique vision to provide unparalleled superior trading conditions. Opening an account in FXTM would also bring about access to advanced education and sophisticated trading tools in the forex industry.

Now, FXTM is registered under the Financial Conduct Authority of the UK with the number 600475. The company is also regulated by the Cyprus Securities and Exchange Commission with CIF license number 185/12, and is licensed by the Financial Sector Conduct Authority (FSCA) of South Africa, with FSP No. 46614

FXTM has 1 million registered accounts with more traders joining every day. The company continually tries to improve their performance and have got many awards such as Best Trading Experience 2019 by World Finance Awards, Best Online Forex Trading Company Nigeria 2018 by International Finance Awards, Reputable Investor Education Forex Broker Award 2018 by Hexun.com, Forex Brand Of The Year China 2018 by Fxeye.Com, and many more.

As a responsible broker, they determine leverage (expressed as a ratio of transaction size relative to trader's buying power) according to the trader's level of knowledge and experience in trading, which is evaluated by the Appropriateness Assessment. The company also enables trading with leverage up to 1:1000.

As for spreads, FXTM offers low spreads starting from 0.1 pip, so traders can withdraw profits at the start of trading. The company, which has headquarters in several countries, uses No Dealing Desk (NDD) technology and partners with credible liquidity providers to provide the best bid and ask prices.

For beginners, there is an automatic trading facility called algorithmic trading provided. When trading in FXTM, traders can develop their trading strategy or adopt other traders' strategies. Furthermore, the strategy is applied to automated trading systems, such as Expert Advisors. The purpose of this system is traders do not have to worry about losing opportunities while not observing the market so that profits can still be earned.

Three types of ECN accounts use the MT4 and MT5 trading platforms. There are also mobile and Tablet Apps trading platforms. Aside of providing many account variants, FXTM goes above and beyond to ensure that their client receives excellent support that they deserve, making their trading experience optimal and user-friendly.

FXTM also provides a diverse range of products. In addition to over 50 currency pairs, they provide gold, silver, CFD on commodity futures (oil), CFD on ETFs, and indices.

Education about the basic concepts of the forex industry is also accessible in this broker. Traders can read all the concepts provided in the form of e-books, video tutorials, articles, webinars, and forex seminars. There are 17 languages provided on the FXTM website to make it easier for traders to learn about forex.

Traders are also given various choices for payment methods, including Credit Cards (Visa, Mastercard, Maestro) and E-Wallet (Neteller, Skrill, Western Union). For withdrawing funds, traders are not charged a fee with a length of 2 hours to 2 days. Traders can live chat to ask further questions and contact the admin via email. There is also a question and answer page about forex trading on FXTM.

The advantage of using FXTM is that the base currency range supported by the 5-digit Cent Accounts is not limited to US Cent and EUR Cent only, but also GBP Pence and NGN Kobo (Nigerian currency). It has floating spreads starting from 1.5 pips, and the minimum deposit is $10. With an instant execution, the account offers a choice of trading instruments consisting of 25 major and minor pairs, as well as Spot Metal assets. You can open positions with lots as low as 0.01, which is worth $1000 on a Cent Account.

 

AGEA

 
Spread
Fixed and Variable
Regulation
-

Min Deposit
$1
Established
2005


Bonus offers

Trading contests

Free education

Affiliate program

Islamic accounts available

Payment

Credit/debit cards
FasaPay
Neteller
PayPal
Perfect Money
QIWI
Skrill
TrustPay
WebMoney
Wire transfer

There is no more reason for traders to consider deposit conditions as an obstacle when opening a trading account, at least in AGEA. This broker provides a No Deposit program for new traders, so they no longer need to prepare any money as a deposit. The amount of free funds is $5 and is specifically given to Streamster clients. Besides, AGEA also provides $10,000 as virtual money. The purpose of these funds is to practice trading.

Another advantage traders can receive from AGEA is low spreads. The lower the spreads set by the broker, the higher the chance for traders to earn more profits. AGEA also provides a trading facility in the form of swap-free. All trading accounts registered with AGEA are free from swap fees. This facility is certainly very suitable for beginners and professional traders.

Facilities offered by AGEA to help clients make the company one of the most trusted brokers among traders from all over the world. This broker is registered with the company name of AGEA International AD. Since founded in 2005, AGEA has its headquarters in Montenegro, Southeast Europe.

The head office's position in Montenegro helps AGEA to be regulated by the Market in Financial Instruments Directive (MiFID). To ensure its service quality, AGEA is working continuously with legal and compliance experts so that they are fully compliant with relevant local and international laws and regulations.

Traders' convenience also increases with the security of funds AGEA. Clients' funds held by AGEA are maintained in separate bank accounts at local and international banks, in line with relevant laws and regulations.

AGEA provides its services through several trading platforms. One example is AGEA's proprietary platform, Streamster. In this platform, traders will get a comfortable and simple trading experience. Streamster is also a powerful platform that has its API for algorithmic trading. The interface of Streamster is considered as user-friendly and easy to use. On a Streamster account, traders can trade with a leverage of 1:100.

Besides the Streamster platform, AGEA also provides MetaTrader 4. It is a programmable trading platform intended for use by traders who understands how to code. It provides the necessary tools and resources to analyze the price dynamics of financial instruments and is integrated into Expert Advisors. Besides currency pairs, traders can trade with other instruments, such as CFDs, Gold, and Silver.

The process of opening an account at AGEA is easy and fast. Traders only need to fill out a registration form online. It takes 5 minutes to fill out the form, then provides due diligence documents before trading.

Processing speed can be found when depositing and withdrawing. AGEA is known as the broker that has the most smooth system in the payment process. They provide various methods of deposit and withdrawal, including Credit Cards, Skrill, Neteller, FasaPay, WebMoney, Wire Transfers, and many more.

When joining AGEA, traders can also find unique partnership programs while receiving additional benefits. The program is called the Affiliate Program. AGEA's partners can refer clients to AGEA via the website or by sending them coupons in an e-mail. For each live position client closes on the Streamster trading platform, partners will receive a commission in value of 15 points.

For instance, if partners have clients who sometimes close about 15-20 positions per day, they can earn hundreds or even thousands for each month by simply referring clients to AGEA. Besides, there is no charge for participation in the program.

There is also the Assistant program. It provides an opportunity for current members of their affiliate program to work more closely with AGEA. To apply for the AGEA assistant program, partners need to have a regular client account. If traders still feel confused, traders can contact AGEA team support by e-mail and Live Chat.

Based on the review above, it can be concluded that AGEA provides so many special programs for their clients. Both beginners and professional traders have a big chance to optimize their earnings. For novice traders, they can benefit immensely from AGEA's no deposit bonus.

Compared to the previously mentioned brokers, the accounts offered by AGEA are not highly variable. One of them being the 5-digit Cent Account. To register, traders are required to deposit at least $10. The maximum leverage is 1:500, and the smallest lot size is 0.01. This account also has a unique feature of Swap-Free for Muslim traders.

However, before trading with AGEA, traders must be careful with the maximum limit of $5000 for the accumulated balance in the account. So if you have traded and managed to earn profits, make sure that it doesn't reach above $5000. You can consistently withdraw your funds to make space for the upcoming profits.

 

JustForex

 
Spread
Variable
Regulation
IFSC (Belize), IFSC/60/241/TS/17

Min Deposit
$1
Established
2012


Bonus offers

Free education

Personal manager

Segregated accounts

Affiliate program

Islamic accounts available

Payment

AliPay
Bitcoin
bitwallet
Credit/debit cards
FasaPay
Neteller
Perfect Money
QIWI
Skrill
UnionPay
Wire transfer

Established in 2012, JustForex becomes one of the leading brokers in the international forex industry. This broker is a subsidiary of JF Global Limited, regulated by FSA with license number 23933. Not only guaranteed by their regulation, liquidity in JustForex is provided by 18 biggest world banks. Moreover, clients are claimed to be provided with the best prices offered by those banks for the most beneficial orders.

JustForex always keeps the safety of clients from unpredictable loss, therefore it applies negative balance protection. That means when the clients' balance becomes negative due to sharp price changes, the broker will set it to zero. Clients' funds are also situated on the segregated bank account, indicating that JustForex ensures funds' safety by separating their client's money from their own fund.

Trading in JustForex can use any strategy without restrictions. The sharpness of the price quote increased from 4 decimal places to 5 decimal places. This makes the broker is suitable for virtually any strategy.

JustForex also holds a superior partnership program with a revenue-sharing model and CPA. Everyone can become JustForex partners and get benefits by attracting new clients or partners. The partnership program is multi-level. JustForex partners can also participate in Loyalty and VIP programs that are designed to increase revenue and support long-term cooperation.

Based in St Vincent and the Grenadines, JustForex continually offers deposit bonus with varying amounts. For payment fees, JustForex covers all expenses which may occur when traders deposit funds from more than 10 payment options, including Visa, Mastercard, FasaPay, Neteller, Union Pay, Perfect Money, Qiqi, and many more.

Not only from trading, traders have the opportunity to gain more profit by joining other special promotions. JustForex gives bonuses to social media users, especially Facebook. For traders who share JustForex promotional uploads, they have the opportunity to get a $100 bonus. Traders only need to send a report via email after sharing.

This broker offers several trading account types with a wide choice of trading instruments and leverage up to 1:3000. Their account types include Standard Account (min deposit $100 and spread from 0.1), Pro Account (min deposit $500 and spread from 0.1), and ECN Zero (min deposit $500 and spread from 0). The commission fee is only applied on ECN Zero.

For beginners, JustForex also provides Cent and Mini Accounts. The two accounts presents unique opportunities to trade in a risk-free environment while engaging on live trading conditions. The balance on the Cent account is measured in a cent. Meanwhile, mini Account is created for traders who want to choose any deposit they want, as traders can open this account with any amount of money. Spreads start from 0.3 on both Cent and Mini Accounts. JustForex also has a special swap-free account labeled as Islamic Account.

Some of the best services provided by JustForex make many clients interested in trading at this broker. Based on their data, a new account is being opened in JustForex every 8 seconds.

The company also offers traders looking for diversified investments, such as pair currencies, gold, silver, oil, crypto, energy, and indices. To attract the attention of traders from various countries, JustForex also provides a variety of languages on their official website, including English, Indonesia, Malaysia, Spanish, French, Portuguese, Mandarin, Korea, and many more.

After opening an account in JustForex, traders are provided with the benefit of enjoying forex VPS. It is a type of hosting, through which traders get access to the virtual dedicated server. With VPS, traders get a "remote desktop" where traders can install a trading platform that will provide the opportunity to trade around the clock and without interruptions.

The platforms provided by JustForex vary in MetaTrader 4, MetaTrader 5, Web, and Mobile platforms. This makes it easy for traders as they can access JustForex platforms anywhere and anytime. To get more information, traders can contact JustForex support team in various ways, including phone, email, live chat on their website, and social media.

Overall, JustForex is many traders’ favorite broker for they are able to provide various additional programs so traders can get more advantages.

Like AGEA, JustForex also prioritizes simplicity by offering the 5-digit Cent Account for new traders. The broker provides the account with a maximum leverage of 1:1000, spreads starting from 0.3 pips, and a minimum trade size of 0.01 cent lots. However, because the program is essentially aimed at beginners, some limitations must be considered by scalpers.

 

LiteForex

 
Spread
Variable
Regulation
CySEC, 093/08 (only LiteForex (Europe) Limited www.liteforex.eu)

Min Deposit
$50
Established
2005


Interest rate on funds

Bonus offers

Trading contests

Affiliate program

Islamic accounts available

Payment

AdvCash
AliPay
Bitcoin
Bitcoin Cash
Credit/debit cards
Ethereum
Litecoin
Monero
Neteller
Perfect Money
QIWI
Skrill
Wallet One
WebMoney
Wire transfer
Yandex.Money

Regulated by the Cyprus Securities and Exchange Commission (CySEC), LiteForex is also subjected to the European Securities and Markets Authority (ESMA). However, aside from basing its operation on Cyprus, LiteForex also branched to the Marshall Islands. Here, LiteForex hasn't been regulated by any financial regulator yet and conducts its operation under the name of LiteForex Investments Limited (different from LiteForex European Limited which is regulated under CySEC).

Based on some traders' experience registering in LiteForex, the company doesn't strictly limit EU-based traders to LiteForex European Limited. Such traders can openly register under LiteForex Investments Limited that is not subjected to higher leverage restrictions issued by ESMA.

Trading assets in LiteForex range from Currency, Metals, Oil, Stock in CFD, Global Indice, as well as Cryptocurrency. More importantly, the broker provides traders with the chance of trading more than 40 large American companies' Stocks in CFDs.

With the support of both MetaTrader 4 and 5 platforms, LiteForex traders are given the freedom of trading various instruments with the most well-known technologies in trading. It is also the gateway to access an extremely wide selection of custom indicators and Expert Advisors that everyone can discuss and download in MQL4 and MQL5 sites.

ECN and Classic are the only account types offered by LiteForex. Although relatively limited, the account choices have managed to accommodate the majority of traders' needs, particularly those with early to intermediate levels of trading experience.

Interestingly, LiteForex boasts its capability of giving an annual interest for ECN traders which amounts to 2.5% of the accumulated daily free margin. As a complimentary, LiteForex also built a Social Trading system that manages to completely resemble a social media platform with special features solely based on usual trading necessities. The said platform is also easily integrated with traders' Member Area.

On the payment methods' front, LiteForex provides a lot of choices ranging from standard Bank Transfer to electronic payments like Skrill and Neteller. This broker is also known for its ongoing Zero Fees program that relieves traders from the attached fees from each method payment.

More than its commitment to ease traders' experience in terms of payment and trading, Liteforex used to be recognized as one of the first brokers initiating the innovation of Cent Account for small traders, thus the name "Lite". However, the company's focus seems to change over the years so they now choose to limit their service only to ECN and Classic traders.

Furthermore, LiteForex has been serving global retail traders since 2005, an accomplishment not many forex companies can achieve. Therefore, it can be concluded that even though LiteForex is operating as an offshore forex broker, its durability for more than 10 years serves as a reminder of retail traders' trust.

Another thing to note from this broker may come from its expansion to Asian countries and their passionate effort to penetrate the markets profoundly. Not only the language support in the official website, but LiteForex also goes beyond to maximize its commitment by providing local payments and other means specifically tailored for each country's traders.

To keep their traders engaged in more trading activities, LiteForex also holds seasonal trading contests and various kinds of promotional bonuses. Their profile in numerous review sites also indicates a relatively safe broker for retail traders.

Yet, it is important to note that LiteForex offers its service globally as LiteForex Investments Limited which hasn't been registered to any financial regulations. This may subject traders to difficulties in filing complaints and compensation claims should there be unfortunate incidents in the future.

But if we take a look at its long-standing as a comparatively experienced broker since 2005, it is quite safe to say that trading in LiteForex can be considered quite reliable, especially considering its status as an offshore brokerage.

If we are talking about brokers with Cent Accounts, LiteForex probably shows up the most. The reason is that this broker has essentially pioneered in providing Cent Accounts before other brokers. Although it's not clearly stated on the main website, the broker claims that the Cent Account supports the 5-digit feature. The maximum leverage is 1:500, and the minimum deposit starts from $10. The execution model used is market execution, and the base currencies used are USD Cent, EUR Cent, CHF Rappen, and RUB Kopeck. Bear in mind that LiteForex also imposes limits on the maximum lots and the number of position orders to prevent the risk of overtrading for beginners.

 

Conclusion

Like any other trading methods, scalping also needs some specific features that can make the strategy more successful and profitable; one of them is the 5-digit Cent Account. This type of account can help scalpers to smoothly trade in high frequencies with higher accuracy in pricing. However, since Cent Accounts are initially designed to support novice traders, some brokers might impose limitations on the account, so scalpers need to be aware of this aspect before choosing a broker.

To explore further about the abovementioned brokers, you may find this comparison useful:

 
Feature Exness FXTM JustForex

Rating

General Rating 4.16/5
3.73/5
3.49/5
Trustpilot 4.4/5
4.0/5
4.7/5

General Information

Office(s) Cyprus, Seychelles and United Kingdom Belize, Cyprus, Mauritius, South Africa and United Kingdom China, Indonesia, Japan, Malaysia and South Africa
Regulation CySEC 178/12
FCA (UK), 730729
FSA (Seychelles), SD025
FSCA (South Africa), 51024
CySEC, 185/12
FCA (UK) 777911
FSC (Mauritius), C113012295
FSCA (South Africa), 46614
IFSC (Belize) IFSC/60/241/TS/17
Established 2008 2011 2012
Minimum Deposit $1 $10 $1
Maximum Leverage 1:2000 1:2000 1:3000
Spread Fixed Variable Variable
Commissions $3.50 $2
Minimum Position 0.01 lot 0.01 lot 0.01 lot
Payment Bitcoin, Credit/debit cards, Neteller, Perfect Money, Skrill, Tether (USDT), WebMoney, Wire transfer and Yandex.Money Bitcoin, Credit/debit cards, DIXIPAY, FasaPay, Neteller, Perfect Money, QIWI, Skrill, UnionPay, WebMoney, Wire transfer and Yandex.Money AliPay, Bitcoin, bitwallet, Credit/debit cards, FasaPay, Neteller, Perfect Money, QIWI, Skrill, UnionPay and Wire transfer
Official Website Visit Exness Visit FXTM Visit JustForex

Account Variations

Segregated Account
Islamic Account
PAMM Account
Managed Account
LAMM Account
MAM Account
Forex Demo Account

Trading Requirements

Hedging
US traders are welcome
Requires sending documents via postal mail
Overnight interest rates (swaps)
Trading by telephone

Trading Features

Trading contests
Automated trading
Interest rate on funds
Bonus offers
Free education
Personal manager
Affiliate program

Trading Platforms and Complements

Mobile trading
Browser-based platform
Trading via API
One-click trading
Trailing stop
Pending orders
One-Cancels-Other (OCO) orders

Instruments Traded

Forex
CFD
Indexes
Spread betting
Gold & silver
Cryptocurrencies
Stocks
Binary options
Oil
Metals
Energies
Futures
ETF
Soft commodities
Options
Agriculture
Bonds

Customer Support

Website Languages Arabic, Bengali/Bangla, Chinese, English, French, German, Hindi, Indonesian, Italian, Japanese, Korean, Portuguese, Russian, Spanish, Thai, Urdu, Vietnamese Arabic, Chinese, Czech, English, French, Hindi, Indonesian, Italian, Korean, Malay, Persian, Polish, Russian, Spanish, Thai, Turkish, Urdu, Vietnamese Chinese, English, French, Indonesian, Malay, Russian, Spanish, Urdu
Email Support
Call Support
Chat Support

Reviews

General Review Read Exness Review Read FXTM Review Read JustForex Review
User Reviews

YuNa

Jul 27 2020

They keep getting better every year, so I decided to re-activate my account. The support helped me a great deal for it


Alex Joann

Jul 27 2020

My mentor suggested Exness when I was still new. They really help me to grow my account and never give any significant problem during my learning phase. Thanks Exness


Clara91

Jul 27 2020

I only want to trade in a reliable broker, and for me, exness has what it takes to be a reliable broker


John Wallace P

Jul 27 2020

Used to trade in another broker and everything was difficult. I never feel similar diificulties from Exness. Keep up the good work!


nickycloud

Jul 27 2020

I registered based on my friend's recommendations.

So far so good. I can see why many traders favor this broker


Jenny AD

Jul 27 2020

Quick withdrawal and I got what I need in their trading signals. Good app for mobile phone too

Make it easier for me to trade everywhere


McPherson

Jul 27 2020

Very nice broker! They have a good principle to avoid ambiguous bonus programs. Very desirable for safe trading


Harry Andrews

Jul 20 2020

My withdrawal was delayed for two days even though the balance got immediately reduced. Fortunately, it didn't happen every time. The other day I requested a withdrawal and the process only took 5-10 minutes.


Chow Pax

Jul 20 2020

They claim to have 0 spreads, but the reality doesn't say so. I never see the 0 spreads, BTC/USD even has 400+ pips spread. I can't choose which one is more preferable so oftentimes I'm constrained to 2-3 pairs with 10-15/20 pips spread.


Win72fx

Jul 20 2020

I heard a lot of complaints about withdrawal, but Exness rarely has it. In my opinion, this is where a forex broker's quality is really determined. As long as the problem is kept to a minimum, it can be safely said that the broker is quite recommended. No need for A-Z promotions, withdrawal quality says it all!!


bangbang52

Jul 20 2020

I always have positive experiences with Exness. There are a lot of benefits for IBs


Ryanserie

Jul 20 2020

I have traded with this broker for several months. Though I doubted it in the beginning due to my painful experience with several other brokers when dealing with fund withdrawal, I'm amazed that Exness turns out to have auto deposit/withdrawal.

As for the payment methods, there are many choices for deposit while withdrawal method is only internet banking. So far it's not a problem for me as the process can be done in  a few minutes. I'm not advertising but I truly enjoy trading with this broker.


Ok Oc

Jul 20 2020

I used to trade in this broker because of its competitive trading conditions. I gradually left Exness because it can't keep up to offer attractive promotions.


Marais El

Jul 20 2020

I recommend moderate leverage from 1:200 - to 1:500. Avoid high leverage at all costs.

Exness is a good broker as they're able to give 1:3000 leverage but always warn their clients should they want to try it.


Jonah rule

Jul 20 2020

The Stop Loss didn't work. My account got MC because of it.


Leon

Jul 20 2020

The first time I tried to withdraw from this broker I immediately feel wronged. They said the payment process using FasaPay is instant, but it actually needed 3-5 business days. Where is the instant withdrawal that they claim to be capable of providing with? I'm beginning to doubt this broker


Bona Gann

Jul 20 2020

Dear Exness,

Please don't complicate my withdrawal process. I have been trading with you since 2011, but lately, I'm always feel cheated as my withdrawal requests are always rejected for some abstract reasons. Here are the instances.

1. My withdrawal is usually confirmed by email but suddenly it's changed to be via phone, which makes it difficult for me during the switchover. the case was cleared but it psychologically troubled me a great deal.

2. I ordered a withdrawal via FasaPay for $350 and my balance at that time was $1044. When I choose the currency, there was a notification indicating that I my balance was not enough. I was made to totally unable of withdrawing my fund. The case was cleared but I haven't succeeded in withdrawing my fund.

3. Lastly, all of my payments are via FasaPay, but I was once denied of withdrawal process because I supposedly use BTC to deposit. Wth?? I didn't even have a BTC account.


Forex young

Jul 20 2020

I've been trading only in Exness for 3 years. Other brokers are not good for a scalper like me due to the many restrictions. I can enjoy my profit in this broker and focus on trading for a living, not aiming to become a billionaire.

Exness' cons usually appear when there are news releases. It'll be very difficult to enter a trade and sometimes the MT4 can freeze. Recently there is a leverage warning every time important news are about to appear. There will be adjustment to margin requirements and the leverage can shrink to 1:200. Is it because the Exness team is also trading and they don't want to lose?


Mike Falon

Jul 20 2020

My friends and I have been trading with Exness (mini account, dp/wd via fasapay) with no problems and satisfying conditions. We can optimize the broker's feature to our capabilities, and that's saying something. Loss and profit come and go, even margin call is a normal occurrence. We consider them as precious experiences to rebound from.


Jarwo JK

Jul 20 2020

Ever since I found this broker I feel it's the best. FasaPay withdrawal is instant despite the maximum limitation for transfer amount per transaction. The support is quite responsive as well as the ib commission. Unlimited leverage is also great for snipers with small capital.


Mr Artie

Jul 20 2020

I admit that Exness spreads tend to widen significantly during news releases. Slippage is also a risk but which broker doesn't have it? Aside from the disadvantages, Exness cent account is preferable.

As long as you don't trade the news, everything is good.


Agys Rb17

Jul 20 2020

Average spreads in other brokers' cent account range from 1.3 to 2 pips. Exness has lower spreads that can get below 1 pip with the average spread only 1 pip.


John Juniors

Jul 20 2020

I quite like this broker especially for its mini and cent accounts. When I was still a beginner I got margin call so I tried other brokers. My comparison results in all of those brokers' real accounts proved that Exness' cent account is pretty good.

Still, I can't quite choose Exness as my only one broker since there's no local bank deposit/withdrawal and fixed rate... Wish they can provide them sometimes in the future... ?


Bill Nielson

Jul 20 2020

Update from my previous predicament,

Exness has given back my money, and as a fair responsibility, I wrote here again about their good feedback. Imo it is the only broker willing to really compensate their client.


Bill Nielson

Jul 20 2020

I was disappointed after the DDoS attack incident. My account's profit went positive before it changed so suddenly that it triggered margin call. When I asked to clarify it the broker said that it could be compromised. I had sent my MetaTrader's log file and followed their instruction to wait for 3 days.

Every time I ask about my loss to this day they always ask for more time. If they can compensate for my loss I'll salute them. Otherwise, I'll spread this unfairness everywhere


Zahir SQW

Jul 20 2020

ATTENTION!!!

Traders with more than 3 years experience in this broker, please be careful especially if your account collects big profit regularly.

This broker will disconnect your account oftentimes!!!

The only solution is to have a backup for the internet connection. You need to quickly change your ISP when your account is forced to disconnect for more than 5 minutes.

I met a lot of problems like this. One example is when I got $20,xxx profit, and my account was disconnected for more than 3 hours. They sent an email to inform me that there had been a DDoS attack. I changed ISP quickly and the problem was immediately solved. At that time my profit has decreased to $3,xxx

 

Side Notes:

I had tested my internet speed and there was no problem whatsoever.

I closed all my positions and withdrew all funds, never look back again.

This broker was long known to cheat traders with big profits. Some of my friends can attest to that.

 

Another side note:

Bonus promotion and spreads are deceiving. When the price is volatile the spreads could widen extremely.


Shane

Jul 20 2020

I've been unable to connect to my real account for two days. So disappointing since Exness never gave me any trouble before. The live support ignored my complaints so I can't do anything....


Will Daniels

Jul 20 2020

In my opinion, Exness is quite attractive as the account types range from Cent to ECN. The leverage is also very accommodating to all types of traders.


Ronald Sd

Jul 20 2020

This broker's not good for scalpers and news traders....

I keep getting requoted which resulted in my positions being executed in unfavorable prices....

If you like to trade the news don't choose this broker


Danny A Pearson

Jul 20 2020

This broker may fix some things, but what made me stop trading with them is the spread. Even the spreads in the ECN account is not favorable compared to other brokers' spreads. The service is not bad, the trading condition leaves a lot to be desired. If only Exness has zero fixed spread, I will reconsider my decision. But this broker is unfortunately not innovative enough.


Sandy Marteen

Jul 20 2020

I no longer trust this broker. I deposited a large sum of money but it's never credited to my account.


Astafx

Jul 20 2020

Never run into any problem during withdrawal, either for small or big fund, everything goes smoothly


Stephen Faraday

Jul 20 2020

I withdrew 5 times from Exness and all the proceedings went instantly without any trouble.


Opie Brotha

Jul 20 2020

From the time I learned to trade to the time I'm finally able to trade independently, withdraw my fund regularly, and gain profit consistently, I haven't met any problem. This is a recommendation from my mentor...


Ines

Jul 20 2020

I enjoy trading in this broker. It's been 1 year


Arzd Playr

Jul 20 2020

Exness is the only broker that I'm loyal to. I can use many platforms in this broker.


Romy

Jul 20 2020

I use two brokers and one of them is Exness. Both have pros and cons but overall, I have no doubt in their safety. I haven't managed to withdraw my fund but so far I'm quite satisfied.


Maya Santini

Jul 20 2020

I didn't quite trust this broker initially, but I saw that they keep improving.


Eve Paige

Jul 20 2020

This broker is not bad. I doubt it in the beginning, but the service is getting better. I've been trading in Exness for one year and feel the change. From the new regulation, support language, and the most important of all: the Analysis in my account. It's SUPERB!

I'm currently educating myself to trade with indicators. It will be better if Exness allows automatic trading.


Reyno

Jul 20 2020

After googling for some time I decided to pick this broker. I've been with Exness for 3 months, and so far so good. The registration process and other proceedings went smoothly. It hasn't been fully tested, but I hope everything goes well to the withdrawal process


WAHYUDI

Jul 27 2020

I registered with fxtm with the name wahyudi

then fxtm agreed to verify my KTP with the name wahyudi

then I deposited with perfectmoney with the name wahyudi

then I traded, and I after there was a slight profit

I want to withdraw

 

BUT!!! when I want to withdraw, fxtm refuses to verify my perfectmoney named wahyudi, they deliberately refuse to verify my perfectmoney, so my money can't be withdrawn, fxtm refuses with a variety of unreasonable reasons.

be careful trading with fxtm, this broker is Fraud! Fxtm never intends to pay.


Dianne

Jul 27 2020

Pro

  • Deposit and withdraw quickly, can be with a bank transfer through an intermediary site, good in this case

Cons

  • Why does it feel like the spread is high? Even it is not in a state of volatility
  • the profit is also not in accordance with the pips even though there is no swap, I'm confused


Rayner Lkea

Jul 27 2020

Very disappointed when trading on fxtm, the candlestick chart is not the same as the default mt4 chart.

Because of that, I got hit by an MC. It's not about the money, it's about trust. Please improve your service immediately. I only trade a small amount yet still cheated. Can't imagine if I deposit a big amount of money. My... my... 


Sicilia RZ

Jul 27 2020

Hi admin, I am new to forex and try to open a demo account on FXTM.

I find it very useful, they provide a forex video tutorial for a newbie like me. thank you FXTM.


Jay

Jul 27 2020

I trade with 2 brokers, one of them is FXTM. I have been trading on FXTM for 1 year, a little of my experience on the FXTM ECN account:

  • open close free position (there are no rules for minutes / pips)
  • fast execution
  • depo instant withdrawal
  • fast response from CS / ASM FXTM every time there are obstacles in trading.

So far there is no problem with FXTM in terms of trading, deposit & withdrawal :)


Geoffrey

Jul 24 2020

I just traded on fxtm but it was very disappointing.

I took the GBP position, early in the morning the price dropped dramatically to 1.20209.

I check my account on another broker, it hits the take profit. Which made me feel weird because on fxtm the price is up to 1.14677, so my account was negative. When I calculated, my account balance supposed to still strong, but in reality, my account is in minus. 


Jeanice Goi

Jul 24 2020

Hi, just want to share about MT4 trading on fxtm, it's been around 7 months and during that time, I've never experienced freeze on its mt4. Nice job. And for my account manager, thanks for the support


Mary

Jul 24 2020

Withdrawal in fxtm via fasapay is very fast! Like cooking an instant noodles XD

For those who don't like to wait, withdrawal in fxtm is very recommended


Hardy Tn

Jul 24 2020

I think this broker deserves a value of 8, especially for its customer service and WD DEPO services. Success for FXTM


Adriana Nella

Jul 24 2020

FXTM is not the only broker I use, but I could say that this is the best. When NFP released, my account at another broker is crashed, it couldn't be executed. There was a completely dead, just can't log in. like how to trade news :)

but on the contrary, my FXTM ECN platform is still running normally even in a hectic market condition. FXTM ECN account is very reliable for scalping.


Halim K

Jul 24 2020

Just a little experience, for those who like Scalping, ECN accounts on fxtm is recommended. It has a fairly low spread and execute on MT4 very fast. This is what I like. 


Pretchavvan Sajmanoo

Jul 24 2020

A little testimonial for FXTM. Yesterday, I withdraw on cent account, in 10 Minutes, the fund already landed on my Fasapay account.


Geekie Boii

Jul 24 2020

Thanks God, cent accounts at FXTM are gradually growing. I'm using FXTM Cent accounts including Nano (can open 0.01 positions and maximum OP to 300 open positions) is not bad for those who use EA


John M

Jul 24 2020

Excellent support. 2 thumbs up for the FXTM account manager, fast response either by telephone or by email.


Charlie Chiaky

Jul 24 2020

I traded on FXTM for 6 months with an Ecn Zero account with a leverage of 1: 1000.

My experience using Ecn Zero: fast execution, stable server, spreads starting from 0.5

I rarely encounter requotes and slippage on FXTM. Overall, FXTM is good for me.


Rommel Djay

Jul 24 2020

I have accounts at 4 brokers, one of them at FXTM. At FXTM, I use an ECN account because I can use any technique there. I am satisfied with the very fast execution and spread on FXTM ECN is relatively small. FXTM is recommended in terms of support, MT4 platform, and spreads


Linda Silverstein

Jul 24 2020

FXTM broker is quite good in my opinion, specifically for customer support and my account manager who has been very helpful to me when there are problems with my account. thanks FXTM


Gerdino Jacqueille

Jul 24 2020

It turns out that FXTM has many types of accounts: ECN, Standard, ECN Zero, Strategy, Pro Account, etc. There are many trading and investment instruments such as forex, precious metals, Stock CFDs, ETF CFDs and Commodity CFDs. Its trading features are easy and very helpful, for example, free of swaps and without commissions and without any hospitalization fees or fees except for very small spreads.

A few months ago I traded with a capital of USD 400, and within 1 month I reached a profit of up to USD 16,000. Again, I also really experience FXTM, this international broker based in Cyprus is very responsible and takes into account the interests of its clients and traders.

Yesterday morning, I was shocked that gold fell and the account had lost USD 1,368.80 due to Error Quotes. But in the afternoon, I got an email from the FXTM Compliance Dept. and a number of illicit loss (forbidden and undesirable losses) that I suffered turned out to get compensation in the form of compensation a refund of USD 1,368.80.

This is very impressive, and this is the first time I've experienced it. Thanks FXTM. Proficiat for new offices in the UK. GBU.


Sigit W

Jul 24 2020

In real trading, I often experience Slippage, and there is always a widening of the spread, for example in GBP / USD the spread often widens to 60-70. And I have experienced it myself. I hope this will be useful info for other traders. Regards.


Piper Scho

Sep 27 2020

I once had a challenge with a withdrawal but my account manager helped me fix everything even though it took a bit long but he was very helpful in making sure that my issue was solved and I got my money.


Ruben Hawk

Sep 26 2020

I have been using this broker for more than 4 years, it has been a really really awesome experience because I never though that I would find a broker with low spreads, easy and fast deposits/withdraws, excellent support and never have a delay. I would not change this broker.


Pedro S

Sep 25 2020

Justforex offer trading on both MT4 and MT5 which is a nice touch. They offer a massive 1:3000 leverage on some accounts which is good and bad if you know what I mean. Plenty of trading choice but some accounts have a limited amount of instruments available to trade. Lots of deposit/withdrawal options but many of the withdrawals have fees attached which is not good. 24/7 support is a big plus.


Dante Carlos

Sep 25 2020

Not a big fan of Forex Trading but I enjoyed doing it with JustForex. Their infrastructure is robust. Ended up going back to crypto still, but liked the experience.


Jaden

Sep 23 2020

Justforex is a good broker I have been using them since 2018, I recommend this broker, they will always tell you the truth. Nice spread fast execution no delayments with them. When you need help they are always available on their chat they answer everything you want. Very happy I found this broker.


Luke

Sep 21 2020

justforex would not allow me withdraw my money, I made a deposit via card, I tried withdrawing via the same card but they would not allow they asked me to wait for another 14 business days. After the expiration of 14days they still wont process the withdrawal, I was then advised to use other means of withdrawal but still had same issues. This means they never had the intention of really allowing any withdrawal.
Yaronitamar at protonmail.ch finally helped with my withdrawal when they could not. they also reported me to trustpilot but I won the case against them because I provided trustpilot with proofs and documents of their scam and my review was reinstated


Owen

Sep 19 2020

No problem so far with this brooker.
But, just an average brooker.
Nothing fancy.


Aiden

Sep 15 2020

good, professional, a lot of patience, too bad a lot of expenses for the withdrawal


Matthew

Sep 13 2020

This is my 1st experience using Justforex broker to trade forex. Great experience, easy to register and account verification was very fast. Got 100% bonus which gave me opportunity to trade more lots and entries. Easy to deposit and withdraw. Excellent support staff also. Will continue to grow with Justforex.


Benjamin

Sep 12 2020

The customer support is just awesome and very interactive.
Justforex is the best for me to trade safely.
Keep doing good job like this.


David

Sep 11 2020

I have seen the good reviews for scalping for pepperstone, tickmill and some others but i strongly recommend justforex for scalping. I have never face any problem for deposit or withdrawal or tradings. During the news the spread of other good brokers wider but for just forex it shrinks more to give more opportunities for me to enter in the market.


Abram

Sep 11 2020

Justforex is one of the best forex broker. They give the best execution time, best deposit and withdrawal method, best IB and many more.


Alonzo

Sep 11 2020

I'm also having problems with withdrawal and they are claiming my account is under investigation. they required a selfie but they still have not verified it.


Selena Johnson

Sep 11 2020

I will never know but so far this broker shifted my pending orders and they entered the market with their own prices I never set. When it comes to withdrawal it not as fast as depositing. To withdraw you have to wait finance department to process your withdrawal and that will happen only on Monday to Friday within a certain working hours.


Jonas T

Sep 13 2020

I have never faced any problems with JustForex. Withdrawals are superfast especially with PM. Deposits are instant. They check on me periodically and let me know of any news relevant to my trades.


Michelle G

Sep 12 2020

I am here very shot time and I love it. I trade Raw Spread account and, it really works great for my trading style. All operators are very kind polite and true professionals.


Phoeboe Xendery

Sep 12 2020

I will say they have great services. Their response is prompt. So far so good. Keep on the great services.


Carlos T

Sep 12 2020

This is my personal experience with JustForex. I am please with all the service with JustForex. Therefore I am strongly recommend for friends and for others too.


Juan H

Sep 12 2020

I don't know why their chart history not full. Everything else is good, but only chart history. JustForex should upgrade that.


Sebastian

Sep 12 2020

I have full confidence in depositing and withdrawals with these broker, Live chat works 24/7.


Goyle Noobfx

Jul 27 2020


Ng Wei Lok

Jul 27 2020

Finally I decided to join justforex, after spending time browsing here and there. To be honest, I still prefer brokers who can withdraw and deposit via local banks. Making a new account just for transaction is too complicated. But overall, it's just fine. 


Ng Wei Lok

Jul 27 2020

Finally I decided to join justforex, after spending time browsing here and there. To be honest, I still prefer brokers who can withdraw and deposit via local banks. Making a new account just for transaction is too complicated. 


Zeckhiel Prottajakul

Jul 27 2020

I like JustForex because in addition to being able to deposit a local bank, you can also choose a non-dealing desk account & many facilities such as VPS, MQL5 signals plus learning to trade


Nella Abizar

Jul 27 2020

JustForex seems interesting, unfortunately the regulation is just registered in Belize.

In the future, I hope JustForex can open representatives in other countries and get additional regulations. The trader will be more convinced. 


Mudhoffar

Jul 27 2020

Not bad, just okay, the local bank withdrawal deposit without fee and for withdrawals only 2-3 hours. Very easy for Indonesian traders, of course


Salvador

Jul 27 2020

JustForex is great for beginner traders like me. There is a welcome bonus of $ 30. Withdrawal terms are also easy.

Register for a bonus account and get $ 30 right away. The conditions for trading are enough to trade 6 lots of volume and create a thread of reviews about JustForex like this.

My welcome account number: 172908 From the $ 30 welcome bonus balance I can get a profit of $ 40 in less than 20 days, which is pretty big for a beginner like me.

thank you JustForex.


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As the table only compare 3 of the 7 brokers above, you can compare the rest using the forex broker comparison tool.