JustMarkets, formerly JustForex, is a forex and CFD broker popular across Asia and Africa, serving bonus clients through an offshore Seychelles entity rather than its regulated Cyprus arm. Its deposit bonus is margin credit that unlocks only after heavy lot volume. It is not available in the EU, UK, US, Canada, Australia or Japan.
Risk warning: Trading carries a high risk of losing money, especially with leveraged products such as CFDs. A bonus does not reduce that risk. Only deposit what you can afford to lose.
JustMarkets
JustMarkets adds up to 120% of a deposit as trading credit for clients in supported regions. The credit is margin only, released into withdrawable funds after heavy lot volume.
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JustMarkets launched in 2012 as JustForex, a forex and CFD brand built for retail traders in Asia, Africa and Latin America. In 2022 the company rebranded to JustMarkets, widening its product range beyond forex into indices, commodities, shares and crypto CFDs.
The group operates through several legal entities. Just Global Markets Ltd, registered in Seychelles, holds a Securities Dealer License (SD088) from the FSA. A Mauritius entity is licensed by the FSC (GB22200881), and a South African entity by the FSCA (FSP 51114). A separate entity, JustMarkets Ltd, is authorized in Cyprus by CySEC under license 401/21 and serves EEA clients under MiFID II rules. The group lists its headquarters in Seychelles, with offices in Cyprus, South Africa and Mauritius.
JustMarkets offers more than 260 instruments across forex pairs, indices, commodities, stock CFDs and cryptocurrencies. Trading runs on MetaTrader 4 and MetaTrader 5 as desktop platforms, a web terminal and mobile apps, plus the broker's own JustMarkets Trading app for MT5 accounts.
Account types split into four tiers: Standard Cent, Standard, Pro and Raw Spread. Standard Cent and Standard accounts open from a $10 minimum deposit with no commission; Pro and Raw Spread require around $200, with Raw Spread charging a per-trade commission in exchange for spreads from 0.0 pips. Leverage varies by entity: the Seychelles-regulated offering advertises up to 1:3000, far above what CySEC allows for EU retail clients.
JustMarkets runs a deposit bonus that matches new funding with non-cash trading credit: 50% on deposits from $10, 100% on deposits of at least $100, and 120% on a single deposit of $500 or more, up to a high total ceiling. This credit is not the same as cash. It increases available margin but sits separately from withdrawable balance. To convert it into money you can withdraw, you must trade a volume of standard lots equal to the bonus amount divided by two, so a $600 bonus requires roughly 300 lots within 30 days of the deposit. That is a large amount of trading, and any portion of the bonus not unlocked in that window is cancelled automatically. Profits earned while trading with the extra margin are withdrawable at any time, but pulling out your own deposited funds before hitting the volume target reduces the credit proportionally.
The broker has also run a no-deposit welcome bonus of around $30 in some markets, credited automatically to new accounts. Typical conditions include a minimum trading volume (around 5 lots within 30 days), a per-trade profit threshold, limits on simultaneous positions, and a ban on automated (EA) trading. The bonus itself cannot be withdrawn; only profits generated from it can be moved out, usually only after funding a live account with a separate minimum deposit.
Both bonus types are offered through the offshore Seychelles entity, not the CySEC-regulated Cyprus entity. EU retail clients do not get these offers because ESMA rules bar CFD brokers from offering bonuses to retail clients in the EEA. In practice the bonus terms apply to clients onboarded outside the EU, UK, US, Canada, Australia and Japan.
Opening an account and claiming a bonus is straightforward, but withdrawing anything, bonus-derived profit included, requires full verification: proof of identity and proof of address, with card deposits typically requiring an additional card verification step.
The most common reasons a bonus or its profits get denied come down to conditions that are easy to miss: not meeting the lot-volume requirement inside the 30-day window, using an automated trading tool where it is banned, opening more simultaneous positions than the terms allow, or withdrawing the original deposit before the volume target is met. Because the bonus is administered through the Seychelles entity, clients relying on the Cyprus entity for stronger regulatory protection will not see these offers at all.
Yes, but through several separate entities with different strength of oversight. JustMarkets Ltd is CySEC-regulated in Cyprus (401/21) for EU clients. Just Global Markets Ltd is FSA Seychelles-regulated (SD088), with further licenses from the FSC Mauritius (GB22200881) and South Africa's FSCA (FSP 51114). Which entity you are onboarded to depends on your country of residence.
No. ESMA rules prohibit CFD brokers from offering bonuses to retail clients served by an EU-regulated entity. JustMarkets' bonus programs run through its Seychelles entity, which does not accept clients from the EU, UK, US, Canada, Australia or Japan.
No. It is credited as trading credit that increases your available margin, not as withdrawable cash. To convert it into money you can withdraw, you need to trade a volume of standard lots equal to half the bonus amount within 30 days. Profits earned using the extra margin are withdrawable, but the credit itself is not.
The published terms require standard lots equal to the bonus amount divided by two. A $600 bonus, for example, would require roughly 300 standard lots within 30 days of the qualifying deposit, a volume level aimed at very active traders.
Any portion of the bonus not unlocked within the 30-day window is cancelled automatically. Withdrawing your original deposit before completing the required volume also reduces the credit proportionally.
Standard KYC applies: a proof of identity document (passport, national ID, driver's license or residence permit) and a proof of address document. Card deposits may also require separate card verification before a withdrawal is processed.