JustForex was created in 2012 and is a national brand of JF Global Limited, a St. Vincent and Grenadines-based firm. The broker provides seven distinct types of trading accounts, including commission-free, commission-based, Islamic swap-free, and even ECN trading accounts.
Although the broker provides over 150 assets to live on, including Forex ECN, Stocks, Indices, Commodities, and Bonds, access to some markets is limited based on the account type.
A vast selection of market research and instructional pieces are also available to users. The broker also advertises online trading services and a variety of rewards and special offers.
Step-by-Step Instructions for Creating a JustForex Demo Account
Follow the steps below to open a free demo account with JustForex:
- Go to your Back Office and log in. If you don’t already have an account, make one now. Create an account.
- In the left sidebar, select My Accounts.
- Choose New MT4 Demo Account or New MT5 Demo Account from the drop-down menu.
- Select the MT platform.
- Choose an account type.
- Choose your account’s currency.
- Choose your leverage. Choose the same leverage as you would on a real-money account.
- Fill in your desired virtual balance.
- Make a password for yourself. Please confirm it in the box below.
- By clicking the Open Account button, you may create an account.
- You can then use MetaTrader 4/MetaTrader 5 to sign in to your forex demo account.
Due to the supply of virtual money to learn trading, a JustForex demo account is often referred to as a sample account. It allows traders to study the broker’s services without risking taking a loss.
Newbies can use demo accounts to become acquainted with a virtual trade. They would hone their trading strategy by being fully involved in deals and developing their investment strategies.
Demo accounts aren’t simply for newcomers to trading; they also allow more experienced traders to see everything JustForex offers.
Features of the JustForex Demo Account:
The following are some of the things you can do using the JustForex demo account features:
- Create your trades: With up to $5,000,000 in credit, you can test even the most challenging methods.
- Enjoy trading without the additional hassle: Before joining the real market, put your skills and trading strategies to the proof.
- Examine the following professional advisors: In the dedicated risk-free atmosphere, see if your consultants are up to the task.
- Play all Forex strategies: With JustForex demo accounts, you may experiment with over 80 different trading instruments.
The pros and cons of forex demo Trading
Although its status as the world’s leading financial market, the forex market has only gradually been more available to active investors, thanks to the introduction of World Wide Web trading by online forex brokers.
Prospective forex traders can now use electronic money platforms, such as MetaTrader software, which is downloadable from MetaQuotes Software Corporation, to gain access to the massive forex market, even if they can only trade in modest sums.
Conclusion
JustForex offers seven distinct kinds of trading accounts, each of which allows customers to trade on a wide spectrum of financial, including Forex ECN, stocks, commodities, indices, and bonds. The trader also provides the MetaTrader 4 and MetaTrader 5 marketplaces for Desktop and mobile trading apps and a variety of bonus features appealing to both novice and experienced traders.