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JustMarkets Minimum Deposit
Overall, JustMarkets Minimum Deposit amount required to register a live trading account is $10, this minimum deposit is equivalent to 137 BWP at the current exchange rate between the US Dollar and the Botswanan Pula.
- Louis Schoeman
Jump to:
Minimum Deposit Overview
Deposit Fees and Methods
Step By Step guide to depositing the Minumum Deposit
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 |
JustMarkets Minimum Deposit Overview
JustMarkets charges a minimum deposit amount of $10.
This equals 137 Botswanan Pula (BWP) at the current exchange rate between the US Dollar and the Pula. Furthermore, even though JustMarkets is an offshore broker, they ensure that all client funds are maintained in segregated accounts separate from the broker account.
According to the company’s official website, JustMarkets obtains liquidity from 18 major banks, allowing it to provide traders with the best pricing.
All trading-related operations are governed by the Financial Services Authority, to whom JustMarkets must submit periodic reports on several business and financial-related topics.
The JustMarkets website and trading platform are protected by SSL secure connections, preventing unauthorized customer access. Additionally, JustMarkets protects all retail accounts to guard against negative balances.
What is the minimum deposit required to open a trading account with JustMarkets, and does this minimum deposit vary across different account types?
The minimum deposit required to open a trading account with JustMarkets can vary depending on the chosen account type.
Can I start trading with JustMarkets with a deposit lower than the specified minimum, and are there any exceptions or alternatives for traders who wish to begin trading with a smaller initial investment?
In most cases, traders are required to meet the specified minimum deposit requirement to open a trading account with JustMarkets. Attempting to start trading with a deposit lower than the minimum may result in account limitations or restrictions. However, JustMarkets may occasionally offer promotions or exceptions that allow traders to begin trading with a smaller initial investment.
JustMarkets to depositing the minimum amount step by step
To deposit funds to an account with JustMarkets, Botswana Traders can follow these steps:
STEP 1: LOG IN
Traders in Botswana can log in to the Back Office by using their credentials.
STEP 2: DEPOSIT
You can deposit funds via credit/debit card, electronic payment systems, or payment agents. The whole list of available payment methods, conditions, and fees can be found here.
To make a deposit, open your Back Office → Account Operations → Deposit or just follow this link. Then proceed with the required steps.
JustMarkets Deposit fees and deposit methods
JustMarkets charges a deposit fee of 1% on all cryptocurrency funding options including crypto wallet transfers and crypto payment gateways. When Botswana traders pay the minimum deposit amount of 12 BWP into their trading account, they have a choice between several funding options including:
➡️ Debit Card
➡️ Credit Card
➡️ China UnionPay
➡️ Skrill
➡️ Neteller
➡️ Perfect Money
➡️ Sticpay
➡️ AirTM
➡️ Bitcoin
➡️ Bitcoin Cash
➡️ Ethereum
➡️ Gemini
➡️ USD Coin
➡️ Local Bank Transfers, Cards, Mobile Money
➡️ Local Wallets
When traders deposit the minimum deposit, they can use the following deposit currencies:
➡️ USD
➡️ EUR
➡️ GBP
➡️ SGD
➡️ JPY
➡️ ZAR
➡️ AED
➡️ BRL
➡️ CHF
➡️ MXN
What are the deposit methods available with JustMarkets, and are there any fees associated with depositing funds into a trading account?
JustMarkets typically offers various deposit methods to accommodate traders, which may include bank wire transfers, credit/debit card payments, electronic wallets like Skrill and Neteller, and cryptocurrency deposits. While the broker may not charge fees for deposits made through certain methods, some payment processors or banks may impose fees.
Do the deposit fees and conditions vary depending on the chosen currency or the trader’s location, and how can I ensure a smooth deposit process with JustMarkets?
Deposit fees and conditions can vary depending on factors such as the chosen deposit method, currency, and the trader’s location. JustMarkets often provides detailed information on deposit options and associated fees on their official website.
JustMarkets Botswana Pros and Cons
| ✔️ Pros | ❌ Cons |
| JustMarkets has an affordable minimum deposit requirement of 12 BWP / 1 USD | Deposit fees are charged on crypto payments |
| There are several deposit currencies to choose from | JustForex lacks top-tier regulations |
| All non-crypto payment methods are free |
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 Final Verdict
JustMarkets is an international broker that provides comprehensive trading services, social trading platforms, and MAM accounts that are ideal for individuals who seek to give trading signals and investors who wish to mimic the signals without trading themselves.
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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
Is JustMarkets locally regulated in Botswana?
No, JustMarkets is not regulated by any of the following local market regulators in Botswana:
- Ministry of Finance and Economic Development (MFED)
- Bank of Botswana (BoB)
- Non-Bank Financial Institutions Regulatory Authority (NBFIRA)
How long does it take for JustMarkets to receive my deposit?
JustMarkets offers instant deposit options, while others could take a few days to reflect.
Can I ask someone to deposit the minimum to JustMarkets on my behalf?
JustMarkets does not allow third-party payments or deposits from unknown sources.
Does JustMarkets offer a deposit bonus?
Yes, you can earn a deposit bonus from JustMarkets.
Can I get a no-deposit bonus from JustMarkets?
JustMarkets offers a 30 USD no-deposit bonus to newly registered traders.
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.
