JustMarkets Malaysia Account Types
Trading accounts at JustMarkets Malaysia are offered in four different types, namely Cent, Standard, Pro, and Raw Spread. So, traders can choose the preferred account depending on their trading strategies, level of proficiencies, and risk tolerance. All trading accounts come with negative balance protection. That way, traders won’t have to go through unexpected losses.
Minimum Deposit: $1
Leverage: 1:3000
Minimum trade size: 0.01
Spread Type: Floating from 0.3 pip
Commission: No
Account Currency: USC
Minimum Deposit: $1
Leverage: 1:3000
Minimum trade size: 0.01
Spread Type: Floating from 0.3 pip
Commission: No
Account Currency: USD, EUR, MYR
Minimum Deposit: $100
Leverage: 1:3000
Minimum trade size: 0.01
Spread Type: Floating from 0.1 pip
Commission: No
Account Currency: USD, EUR, MYR
Minimum Deposit: $100
Leverage: 1:3000
Minimum trade size: 0.01
Spread Type: Floating from 0 pip
Commission: $6 \ lot
Account Currency: USD, EUR, MYR
🏷️ At the very basic level, JustMarkets offers the Cent account for new traders who just got out of their demo practices. This account allows beginners to trade at lower risk levels using USD Cent account by making a minimum deposit of 1 USD to experience trading in tight floating spreads as low as 0.3 pips with no commission and flexible leverage up to 1:3000. Unfortunately, the Standard Cent account is only accessible via MetaTrader 4 trading platform using 37 currency pairs, 4 metals, 9 indices, and 5 cryptocurrency pairs.
🏷️ The second type is the Standard account, which is more of a regular trading account suitable for less-aggressive day trading, offered in 65 currency pairs, 8 metals, 9 indices, and 5 cryptocurrency pairs. You just need to make a minimum deposit of 1 USD to access the Standard account via MetaTrader 4 or MetaTrader 5 trading platforms to enjoy the benefit of trading in tight floating spreads as low as 0.3 pips with no commission and flexible leverage up to 1:3000. In this account, you can also set stop loss and take profit both during and after opening a trading order.
🏷️ The next and most popular type of trading account offered at JustMarkets is the Pro account, designed specifically for more experienced traders who wish to experience trading in a more diversified and complex environment. The Pro account is available with a more extensive range of trading instruments such as 65 currency pairs, 8 metals, 11 indices, 2 energies, 65 shares, 25 futures, and 7 cryptocurrency pairs, with tighter floating spreads as low as 0.1 pips, flexible leverage up to 1:3000, no commission, and no restrictions on the number and the volume of all your trading positions. The Pro account is accessible via both MetaTrader 4 and MetaTrader 5 trading platforms.
🏷️ And finally, professional traders who prefer intraday trading with more frequent trading activities may be interested in the Raw Spread account to trade in all the available trading instruments. It is the best deal, especially if you trade as a scalper. That is because even if you are required to pay a low $3 commission (or other base currency units) per lot for each side, you will be able to trade with the tightest floating spreads starting from 0 pips and flexible leverage up to 1:3000. Plus, you can choose to trade using MetaTrader 4 or MetaTrader 5 trading platforms.
🕌 JustMarkets also provides a Swap-free Islamic Forex account to Muslim traders, so they can keep all their trading positions open as long as needed without having to pay swaps or any other types of fees. The Swap-free Islamic account is optional and available by request after registering for a live account and verifying your identity.
🟢 At the same time, if you are still unsure whether to start trading live with JustMarkets, you can always try out the company’s DEMO account, where you can practice trading using the same services as those of other trading accounts without having to deposit any real money.
JustMarkets Malaysia Deposit & Withdrawal
At JustMarkets Malaysia, instant deposits and withdrawals are offered using a wide range of payment systems, including credit cards, e-wallets, and bank transfers with zero commission.
Instant deposits are available via the following payment systems with a minimum deposit of 5 USD (or its equivalent in other available currencies) and no additional fees:
🔸 Bank cards (VISA, MasterCard) ➜ EUR, USD
🔸 Skrill ➜ EUR, USD, GBP, JPY, etc.
🔸 Perfect Money ➜ EUR, USD
🔸 SticPay ➜ EUR, USD, JPY, KRW, CNY, etc.
🔸 FasaPay ➜ USD, IDR
🔸 Doku Wallet ➜ IDR
🔸 BitWallet ➜ EUR, USD, JPY
🔸 Malaysia Local Banks ➜ MYR
JustMarkets Malaysia also accepts deposits using cryptocurrencies (from 5 to 2,900 USD) with a 1% fee added to the current market exchange rate. This method of depositing will require around 1 to 3 hours of lead time by the payment provider.
🔸 Bitcoin ➜ BTC
🔸 Bitcoin Cash ➜ BCH
🔸 Ethereum ➜ ETH
🔸 Gemini ➜ GUSD
🔸 USD Coin ➜ USDC
At the same time, withdrawals at JustMarkets are available with 0% fees for all payment systems. It will take around 1 - 2 hours for the finance department to process your withdrawal requests, but the lead time process varies for each payment system.
Withdrawals using cryptocurrencies are also available at JustMarkets with 0% + Blockchain fees. The lead time process is 1 – 2 hours within the company and another 1 – 2 hours by the payment systems.
As for withdrawing via Malaysia local bank transfer, JustMarkets applies 0% fees and 1 – 2 hours lead time to process within the company.
JustMarkets may not charge any commission for deposits and withdrawals; however, the company is not responsible for any additional fees charged by the banks, payment systems, or credit card providers. Therefore, you need to check with your banking/financial institutions to see whether they apply any additional charges.
Nevertheless, in the event of withdrawing funds after no trading activity, JustMarkets will charge a 3% fee of the total withdrawal amount or other expenses in the process.
JustMarkets Malaysia Spreads
Spreads at JustMarkets Malaysia are offered floating starting 0 pips with low to no commission, depending on the chosen trading account.
The Standard and Standard Cent accounts come with tight floating spreads as low as 0.3 pips, whereas the Pro account is presented with lower spreads starting from 0.1 pips. You won’t have to pay any commissions if you decide to register for these accounts.
The Raw Spread account is offered with even tighter floating spreads as low as 0 pip. However, a $3 commission (or equivalent) will be charged per lot per each side, meaning 6 units of commission for every round you trade.
JustMarkets Malaysia Security & Safety of Funds
JustMarkets Broker is licensed and regulated by the CySEC of Cyprus, FSA of Seychelles, and VFSC of Vanuatu, which means that the company is obliged to comply with several international responsibilities, including keeping the clients’ funds in segregated bank accounts, completely separate from the company’s operational funds, as well as maintaining a certain amount of capital.
Moreover, at JustMarkets, all the data is protected using SSL security encryption to prevent any access from third parties, in addition to the PCI DSS security standard for all internal procedures of the company.
