- Regulator
- Capital Markets Authority (CMA)
- Local company
- Not yet verified
- Licence number
- —
- M-Pesa
- Not confirmed
Broker review · Checked
JustMarkets review 2026: is JustMarkets legit in Kenya and South Africa?
JustMarkets holds FSCA FSP 51114 and opens accounts from $1, with local bank deposits in South Africa. Offshore leverage reaches 1:3000. It charges $5 a month on accounts dormant for 150 days.
- Founded2012
- 🇰🇪 CMANot licensed
- 🇿🇦 FSCAFSP 51114
- Minimum deposit$1
- M-PesaNot confirmed
Is JustMarkets regulated? Licence by country
- Regulator
- Financial Sector Conduct Authority (FSCA)
- Local company
- Just Global Markets (Pty) Ltd
- Licence number
- FSP 51114
Source: directory.financemagnates.com, not yet checked on the register
Other JustMarkets group companies are supervised by CySEC (Cyprus), FSA (Seychelles), FSC (Mauritius). Those licences only protect you if your account is with that company.
A licence means someone supervises the broker. It does not make trading safe: most retail CFD accounts lose money.
About JustMarkets
JustMarkets is regulated by CySEC (401/21), the FSCA through Just Global Markets (Pty) Ltd (51114), and offshore regulators in Seychelles, Mauritius and BVI.
Who JustMarkets suits, and who should look elsewhere
Good fit if you
- want to start with a very small deposit
- are in South Africa and want local bank funding
Look elsewhere if you
- are in Kenya
- are tempted by extreme leverage
JustMarkets account types and minimum deposit
| Account | Minimum deposit | Pricing |
|---|---|---|
| Standard Cent / Standard | $1 | From 0.3 pips, no commission |
| Pro | $200 | From 0.1 pips, no commission |
| Raw Spread | $200 | From 0 pips plus 3 per lot per side |
Leverage: Up to 1:3000 offshore; EU retail 1:30.
JustMarkets fees: spreads, commission and other charges
| Dormant account fee | $5 a month after 150 days |
| Deposits and withdrawals | No JustMarkets fee |
Work out the cost of a trade before you place it with our pip value and profit and loss calculators.
JustMarkets deposits and withdrawals in Kenya and South Africa
🇰🇪 Kenya
- JustMarkets is not on the CMA register. If it accepts you, your account sits with an offshore company and you have no CMA complaints route.
- No Kenyan payment method confirmed. Expect cards, bank wire or e-wallets such as Skrill and Neteller.
🇿🇦 South Africa
- Just Global Markets (Pty) Ltd, FSP 51114.
- Local bank deposits in South Africa.
- Not found on the FSCA ODP list.
M-Pesa limits, rand EFT, cards, e-wallets and the payment scams to avoid: read our deposits and withdrawals guide.
JustMarkets trading platforms
- MetaTrader 4
- MetaTrader 5
Is your money safe with JustMarkets?
- CySEC and FSCA, plus offshore regulators.
JustMarkets pros and cons
Pros
- $1 minimum
- Local South African bank deposits
- MT4 and MT5
Cons
- Extreme offshore leverage
- Dormant fee
- Not in Kenya
Our real-money test of JustMarkets
Coming
We will open a JustMarkets account, deposit, place a trade and withdraw, then publish the screenshots, the time each step took and every fee we paid.
JustMarkets withdrawal time: reports from traders
How long do JustMarkets withdrawals really take?
Loading reports…
Median of reports from traders. Not checked by us; our own tests are marked separately.
Withdrawal stuck or refused at JustMarkets? Get a ready complaint letter and the right regulator contact with our complaint desk →
JustMarkets: questions people ask
Is JustMarkets regulated in Kenya?
No. JustMarkets is not licensed by the CMA. It may still accept clients from Kenya through an offshore company, but you would have no CMA protection or local complaints route.
Is JustMarkets regulated by the FSCA in South Africa?
Yes. In South Africa, JustMarkets operates through Just Global Markets (Pty) Ltd, which holds FSCA licence FSP 51114. Check that this company is named on your client agreement, not an offshore company of the same brand.
Is JustMarkets regulated in South Africa?
Yes. Just Global Markets (Pty) Ltd holds FSP 51114.
Sources for this review (checked 25 Oct 2026)
- FSCA: OTC derivative providers search
- DayTrading.com: JustMarkets review (Jul 2026)
- Finance Magnates: JustMarkets
Fees, minimums and payment methods change and can differ by the company you sign with. Confirm them on the broker's site before you deposit. Spotted something out of date? Tell us.