Exness Review
JustMarkets Fund Withdrawal Process
Overall, JustMarkets offers a simple Fund Withdrawal process for Botswana Traders. JustMarkets is given access to a limited range of financial instruments including CFDs for trading cryptocurrencies, shares, CFDs on shares, forex CFDs, and several other instruments. JustMarkets has a Trust Score of 83% out of 100.
- Lesche Duvenage
Jump to:
Fund Withdrawal Step by Step
Detailed Withdrawal Information
Terms and Conditions
Pros and Cons
Final Verdict
FAQ
Overall Rating
- 4.4/5
Min Deposit
USD 10
Regulators
FSA, CySec
Trading Desk
Metatrader 4
Crypto
Yes
Total Pairs
240
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
JustMarkets at a Glance
| 🏛 Headquartered | Cyprus |
| 🌎 Global Offices | Cyprus, Seychelles |
| 🏛 Local Market Regulators in Botswana | • Ministry of Finance and Economic Development (MFED) • Bank of Botswana (BoB) • Non-Bank Financial Institutions Regulatory Authority (NBFIRA) |
| 💳 Foreign Direct Investment in Botswana | 115.89 BWP Million in 2021 |
| 💰 Foreign Exchange Reserves in Botswana | 5270 USD Million in 2021 |
| ✔️ Local office in Gaborone? | No |
| 👨⚖️ Governor of SEC in Botswana | None, Moses Dinekere Pelaelo is the Governor of the Bank of Botswana |
| ✔️ Accepts Botswana Traders? | Yes |
| 📊 Year Founded | 2012 |
| 📞 Botswana Office Contact Number | None |
| 📱 Social Media Platforms | • Facebook |
| ⚖️ Regulation | Seychelles Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySec) |
| 1️⃣ Tier-1 Licenses | None |
| 2️⃣ Tier-2 Licenses | None |
| 3️⃣ Tier-3 Licenses | • Financial Services Authority (FSA) |
| 🪪 License Number | SD088 |
| ⚖️ MFED, BoB, or NBFIRA Regulation | No |
| ✔️ Regional Restrictions | The United States, Japan, United Kingdom, EU, EEA, Belgium, and Spain |
| ☪️ Islamic Account | Yes |
| 💻 Demo Account | Yes |
| 🛍 Retail Investor Accounts | 7 |
| ✔️ PAMM Accounts | MAM Accounts |
| 💻 Liquidity Providers | 18 |
| ✔️ Affiliate Program | Yes |
| 📱 Order Execution | Market |
| 📊 Starting spread | From 0.0 pips |
| 📉 Minimum Commission per Trade | $3 per lot, per side |
| 💰 Decimal Pricing | 5th decimal pricing after the comma |
| 📞 Margin Call | 40% |
| 🛑 Stop-Out | 20% |
| 📉 Minimum Trade Size | 0.01 lots |
| 📈 Maximum Trade Size | 100 lots |
| ✅ Crypto trading offered? | Yes |
| ✔️ Offers a BWP Account? | No |
| 📉 Dedicated Botswana Account Manager? | No |
| 📈 Maximum Leverage | 1:3000 |
| 📊 Leverage Restrictions for Botswana? | No |
| 💳 Minimum Deposit (BWP) | 137 Botswanan Pula equivalent to $10 |
| ✔️ Botswana Pula Deposits Allowed? | Yes |
| 📊 Active Botswana Trader Stats | 250,000+ |
| 👥 Active Botswana-based JustMarkets customers | Unknown |
| 🔁 Botswana Daily Forex Turnover | Unknown, Forex overall is $6.6 Trillion |
| 💰 Deposit and Withdrawal Options | • Debit Card • Credit Card • China UnionPay • Skrill • Neteller • Perfect Money • Sticpay • AirTM • Bitcoin • Bitcoin Cash • Ethereum • Tether • USD Coin • Local Bank Transfers, • Cards, Mobile Money • Local Wallets |
| 💻 Minimum Withdrawal Time | Instant |
| ⏰ Maximum Estimated Withdrawal Time | 10 bank days |
| 💳 Instant Deposits and Instant Withdrawals? | Yes |
| 🏛 Segregated Accounts with Botswana Banks? | No |
| 📱 Trading Platforms | MT4, MT5, MT4/5 WebTrader, mobile (iOS & Android) |
| 💻 Tradable Assets | • Indices • Energies • Forex • Metals • Cryptocurrencies • Shares • Futures |
| ✔️ Offers USD/BWP currency pair? | No |
| 💰 Deposit Fee | None |
| 📊 USD/BWP Average Spread | N/A |
| ✅ Offers Botswana Stocks and CFDs | No |
| 💻 Languages supported on the Website | English, Spanish, Portuguese, French, Russian, Indonesian, Malaysian, Chinese (Simplified and Traditional), Lao, Vietnamese, Thai, Turkish, and more. |
| ☎️ Customer Support Languages | Multilingual |
| 👥 Copy Trading Support | Yes |
| ⏰ Customer Service Hours | 24/5 |
| 📞 Botswana-based customer support? | No |
| 💵 Holding company | Just Global Markets Ltd. |
| 💸 Bonuses and Promotions for Botswanans? | Yes |
| 📚 Education for Botswanan beginner traders | Yes |
| 📱 Proprietary trading software | No |
| 🤝 Most Successful Trader in Botswana | Unknown |
| ✔️ Is JustMarkets a safe broker for Botswana Traders? | Yes |
| 🎖 Rating for JustMarkets Botswana | 8/10 |
| 🥇 Trust score for JustMarkets Botswana | 49% |
| 👉 Open Account | 👉 Open Account |
How to Withdraw Funds Step by Step
Initiating a fund withdrawal from your trading account typically involves the following steps:
STEP 1: Log In
Traders in Botswana can log in to the Back Office by using their credentials.
Step. 2 Payment Method
Traders can choose their chosen payment method (which must be the same method that was used to deposit into the account), the amount that needs to be withdrawn, and any other relevant extra data from this page.
As soon as a trader submits a request to withdraw funds, such request will immediately be forwarded to the appropriate department to be handled.
Traders are required to make sure that the name on the trading account that they established with is the same as the name on the account to which they will send payments.
It’s important to note that withdrawal processes may vary based on your account type and location. Ensure you follow the specific instructions provided in your client portal and consider any applicable fees or processing times associated with your chosen withdrawal method.
Detailed Withdrawal Information for Traders
JustMarkets offers several ways for traders to withdraw funds from a trading account. The processing time on each payment method must be considered by Botswanans , and they must remember that the withdrawal methods must correspond with the methods used during deposits.
JustMarkets Deposit Currencies, Minimum and Maximum Deposit and Withdrawal Amounts
| 💰 Payment Method | 💵 Deposit Currencies | 💸 Deposit Processing | 💳 Withdrawal Processing | 📊 Max Deposit | 📉 Min Withdrawal | 📈 Max Withdrawal |
| Debit Card | EUR, USD | Instant | 4 to 10 days | 10,000 USD | 5 EUR, USD | 5,000 EUR, USD |
| Credit Card | EUR, USD | Instant | 4 to 10 days | 10,000 USD | 5 EUR, USD | 5,000 EUR, USD |
| China UnionPay | EUR, USD | Instant | – | 10,000 USD | – | – |
| Skrill | EUR, USD | Instant | Instant | – | 1 EUR, USD | None |
| Neteller | EUR, USD, GBP, ZAR, CNY, MYR, JPY, AED, AUD, BRL, CAD, CHF, COP, INR, KRW, MXN, NGN, RUB, SGD, TWD | Instant | Instant | – | 1 EUR, USD | 8,500 EUR 10,000 USD |
| Perfect Money | EUR, USD | Instant | Instant | – | 1 EUR, USD | None |
| Sticpay | EUR, USD, JPY, KRW, CNY, PHP, AED, AUD, CAD, CHF, CLP, GBP, HKD, IDR, INR, MXN, MYR, NZD, RUB, SGD, THB, VND | Instant | Instant | – | 5 USD | None |
| AirTM | USD | Instant | Instant | 2,500 USD | 1 USD | 2,500 USD |
| Bitcoin | USD | 1 – 3 hours | 1 – 2 hours | – | 0.0015 BTC | None |
| Bitcoin Cash | BCH | 1 – 3 hours | 1 – 2 hours | – | 0.05 BCH | None |
| Ethereum | ETH | 1 – 3 hours | 1 – 2 hours | – | 0.06 ETH | None |
| Tether | – | – | – | – | 10 USDC | None |
| USD Coin | USD | 1 – 3 hours | 1 – 2 hours | – | 10 USDC | None |
| Local Bank Transfers, Cards, Mobile Money | MYR, IDR, THB, VND, PHP, NGN, ZAR, UGX, KES, RWF, GHS, XAF, TZS, EUR, USD, COP, BRL | Instant up to 1 day | Instant up to 3 days | 800 USD to 15,000 USD | 50 MYR 200,000 IDR 500 THB 300,000 VND 2,500 PHP 2,000 NGN 50 ZAR 5,000 UGX 500 KES 3,000 RWF 10 GHS 3,000 XAF 2,000 MXN 76,750 CLP 530 BRL | 50,000 MYR 200,000,000 IDR 500,000 THB 300,000,000 VND 140,000 PHP 800,000 NGN 250,000 ZAR 500,000 UGX 70,000 KES 2,000,000 RWF 2,000 GHS 3,000,000 XAF |
| Local Wallets and worldwide wallets | USD, IDR, VND, JPY, EUR, USD | Instant | Instant | 4,200 USD | 10,000 IDR 1 USD 20,000 VND 100 JPY 1 EUR 1 USD | 250,000,000 IDR 25,000 VND |
What is the process for withdrawing funds from my JustMarkets trading account, and are there any withdrawal fees or limitations I should be aware of?
To initiate a withdrawal from your JustMarkets trading account, you typically need to log in to your account on the broker’s platform and submit a withdrawal request. The specific withdrawal options and processing times can vary depending on your chosen method, such as bank wire transfer, credit/debit card, or electronic wallets.
Are there any withdrawal restrictions or considerations for Botswana traders when withdrawing funds from their JustMarkets accounts, and what is the typical processing time for withdrawals?
Botswana traders using JustMarkets should be aware that withdrawal processing times can vary based on the withdrawal method chosen and any additional verification requirements. Some withdrawal options may offer quicker processing times than others.
Fund Withdrawal Terms and Conditions
Botswana traders must ensure that they submit their withdrawal request during the first 2 hours of operating hours to ensure that their withdrawal process can be completed promptly. While the processing time on withdrawals is typically a day, the funds may take longer to reflect.
This is attributable to the internal processes of the trader’s bank and traders must remember that JustMarkets cannot accept liability for this.
What is the process for withdrawing funds from my JustMarkets trading account, and are there any withdrawal fees or limitations I should be aware of?
To initiate a withdrawal from your JustMarkets trading account, you typically need to log in to your account on the broker’s platform and submit a withdrawal request. The specific withdrawal options and processing times can vary depending on your chosen method, such as bank wire transfer, credit/debit card, or electronic wallets.
Are there any withdrawal restrictions or considerations for Botswana traders when withdrawing funds from their JustMarkets accounts, and what is the typical processing time for withdrawals?
Botswana traders using JustMarkets should be aware that withdrawal processing times can vary based on the withdrawal method chosen and any additional verification requirements. Some withdrawal options may offer quicker processing times than others.
JustMarkets Botswana Pros and Cons
| ✔️ Pros | ❌ Cons |
| Botswanans can choose from a few withdrawal methods | Some withdrawal limits apply |
| JustMarkets has a short processing time on withdrawal requests | |
| There are zero withdrawal fees applied |
JustMarkets Final Verdict
Overall, JustMarkets is very competitive in terms of its trading fees and spreads.
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Conclusion
Now it is your turn to participate:
Do you have any prior experience with the broker?
What was the determining factor in your decision to engage with the broker?
Was it because of the minimum deposit, regulation, retail trading accounts, or any other factors?
Have you experienced any issues with JustMarkets such as difficulty withdrawing funds, inability to verify regulations, irresponsive customer support, etc.?
Regardless, please share your thoughts in the comments below.
Frequently Asked Questions
Can I withdraw any of the JustMarkets bonuses?
Trading credit cannot be withdrawn. However, profits may be withdrawn after volume criteria are met.
Can I withdraw cash without account verification from JustMarkets?
You cannot withdraw money without account verification.
How can I authenticate my JustMarkets account to withdraw funds?
You can access the “verification” tab in your Back Office section. You will be redirected to a website that allows you to confirm your identification, residence address, and credit/debit cards.
How long will it take for me to get my JustMarkets withdrawal?
Depending on your payment method, funds could be available immediately or take a few days.
How much would a JustMarkets withdrawal cost me?
JustMarkets does not charge any withdrawal fees.
Addendum/Disclosure:
No matter how diligently we strive to maintain accuracy, the forex market is a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.
