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JustMarkets in South Africa — review, licence and costs
Score (6 of 6 axes scored)
ranked against full-basis brokers
- Reviews25%55
- Round-turn cost20%100
- Safety20%90
- Payouts15%60
- Track record10%70
- Platforms10%50
Numbered by weight: axis 1 counts for most.
Key facts (6 facts)
- Onboarding entity
- Just Global Markets Pty Ltd
- Founded
- 2012
- Retail leverage
- 3000ZA
- Round turn
- 3 USDZA
- Currencies
- ZAR USD EUR GBP
- Swap-free account
- yes
"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.
Licence check
Open an account with JustMarketsThe broker's own website. Not a partner link — we earn nothing from it.
Who actually onboards you
- Entity that onboards South Africa residents
- Just Global Markets Pty Ltd
- Local standing
- FSCA regulated
- Licence as the register states it
- FSCA FSP 51114
- Leverage for this entity
- Up to 1:3000
- The firm behind it
- Global broker with ZA entity
- What we hold against it
- Mixed third-party reviews
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards South African residents enters the score.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youFSCA regulated
- Regulator warning on filenone found
— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.
Price against South Africa market median(priced from 80 of 103)
Medians run over the 80 of 103 brokers that publish a price for South Africa, never over the whole base. A spread without its commission is not a price and is not counted.
Accounts
Account types the broker names for this country: Standard Pro Raw Cent. The figures below are the broker's own and do not differ by account in any source we captured.
Swap-free account terms
Terms read from the account page on 01.10.2026. The cap on open positions is not published.
Where JustMarkets sits in the South Africa base(103 brokers)
Round-turn cost, USD (80 of 103 priced)
Median 7 USD · range 1-20 · this broker 3 USD · 23 of 103 brokers do not publish it
Minimum deposit, USD (49 of 103 priced)
Median 50 USD · range 0-1000 · this broker 10 USD · 54 of 103 brokers do not publish it
Retail leverage (72 of 103 with a South Africa figure)
Median 1:500 · range 20-5000 · this broker 1:3000 · 31 of 103 brokers do not publish it
Withdrawal time published (103 brokers)
Payouts(1 method)
| Method | Deposit, h | Withdrawal, h | Fee, USD | Min, USD |
|---|---|---|---|---|
| EFT ZAR cards crypto | 24 | — | 0 | 50 |
Deposit and withdrawal methods (1 methods · 1 local)
EFT ZAR cards crypto
- EFT ZAR cards cryptolocal
- Account currency
- ZAR USD EUR GBP
- Fee declared
- 1 of 1 methods
- Withdrawal back to
- the funding method
Where it does not serve(18 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(4 platforms)
- MT4
- MT5
- Web
- Mobile
Identical for every row: Min spread 0.3 · Leverage 3000 ZA.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 4.1 | 5, 4,495 |
Share of reviewers in South Africa: — The platform does not publish it.
Pros and cons(6 for and 3 against, each tied to a figure on this page)
- Round turn 3 USD on the raw + commission basis, under the South Africa median 7
- Locally authorised, licence 51114, read on 27.08.2026
- Min deposit 10 USD, under the South Africa median 50
- Swap-free account available
- Round-turn cost 100 of 100, its strongest of 6 scored axes
- 4 platforms: MT4, MT5, Web, Mobile
- A regulator warning is on file against this broker
- Withdrawal in 48 h, over the South Africa median 24
- Platforms 50 of 100, its weakest of 6 scored axes
Alternatives in South Africa(6 of 103 scored in South Africa)
- Round turn, USD
- 6ZA
- Min deposit, USD
- 20ZA
- Leverage
- 30 group
- Rank in this country
- #2
- Round turn, USD
- 3ZA
- Min deposit, USD
- 1ZA
- Rank in this country
- #14
- Round turn, USD
- 4ZA
- Min deposit, USD
- 50ZA
- Leverage
- 1000ZA
- Rank in this country
- #13
- Round turn, USD
- 3ZA
- Min deposit, USD
- 10 groupZA
- Leverage
- 500ZA
- Rank in this country
- #36
- Round turn, USD
- 6ZA
- Min deposit, USD
- 0 groupZA
- Leverage
- 2000ZA
- Rank in this country
- #3
- Round turn, USD
- 6ZA
- Min deposit, USD
- 0ZA
- Leverage
- 500ZA
- Rank in this country
- #34
Methodology(6 axes · formula v1.0)
Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a South Africa score. Full methodology
| Axis | Weight | What is measured | JustMarkets |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 55 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | 100 |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 90 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | 60 |
| Track record | 10% | Years since the firm was founded, from its own filings | 70 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 50 |
FAQ
- Does JustMarkets accept residents of South Africa?
- Yes. FSCA regulated Onboarding entity: Just Global Markets Pty Ltd
- Is JustMarkets licensed to serve clients in South Africa?
- FSCA FSP 51114 Checked on 27.08.2026.
- How much does one round turn cost at JustMarkets?
- About 3.0 USD per standard lot on EUR/USD. The median across brokers measured for South Africa is 7.0 USD.
- What leverage does JustMarkets offer to retail clients in South Africa?
- Up to 1:3000. leverageGeo: Up to 1:3000
- Which trading platforms does JustMarkets support?
- MT4, MT5, Web, Mobile. Instruments: Forex CFDs crypto stocks
- How can I withdraw money from JustMarkets in South Africa?
- EFT ZAR cards crypto
- What account types does JustMarkets offer?
- Standard Pro Raw Cent
- Does JustMarkets offer a swap-free (Islamic) account?
- Yes. JustMarkets offers a swap-free (Islamic) account to South Africa residents.
Taxes for a South African resident
Not tax advice. Check with SARS.