Is JustMarkets a Scam or Legit?

Not a Scam

JustMarkets holds a valid CySEC licence. The number is public and verifiable.

JustMarkets is regulated under CySEC licence 256/14, issued to Just Global Markets Ltd. This licence appears in the CySEC public register. JustMarkets has been operating since 2012 — 14 years. Scam operations do not maintain long-term regulated status.

The CySEC registration

RegulatorCySEC
Licence number256/14 ✓
Registered entityJust Global Markets Ltd
StatusAuthorised
Registerwww.cysec.gov.cy
Years regulated14+

What CySEC regulation means for you

CySEC-regulated brokers must keep client funds segregated, provide negative balance protection under ESMA rules, and contribute to the Investor Compensation Fund (ICF), which covers up to €20,000 per client.

All regulatory licences

JustMarkets holds 2 regulatory licences across different jurisdictions. The entity that applies to your account depends on your country of residence.

RegulatorLicenceEntityMax leverage
CySEC256/14Just Global Markets Ltd1:30 max
FSASD088JustMarkets Ltd1:3000 max

How to verify JustMarkets yourself

Go to www.cysec.gov.cy. Enter the licence number 256/14 or search by entity name Just Global Markets Ltd. The result should show the entity name, authorisation status, and the specific regulated activities it is permitted to conduct.

This takes under a minute. If a broker cannot be found on the relevant regulator's register, that is a serious warning sign. All legitimate regulated brokers appear there.

Common complaints and what they mean

Most complaints about JustMarkets fall into standard categories: withdrawal processing times, spread widening during news events, and account verification requests. These are normal business practices, not indicators of fraud.

None of these patterns indicate fraud. They are the normal complaints of a commercial brokerage enforcing its terms. Real forex scams operate without any regulatory licence, refuse all withdrawals, and disappear with client funds. That is not the profile of JustMarkets.

Red flags that would indicate a real scam

When researching any broker, watch for these genuine warning signs:

  • No licence number listed, or a licence that cannot be found on the official register
  • Pressure to deposit more money to unlock withdrawals
  • Promises of guaranteed returns or "risk-free" trading
  • Platform that only shows profits, never losses
  • No physical address or contact information
  • Licence from a regulator you have never heard of that has no official website

None of these apply to JustMarkets. Its CySEC licence 256/14 is publicly verifiable, it has disclosed offices in Limassol, Cyprus, and it has operated continuously since 2012.

Frequently asked questions

Is JustMarkets safe to deposit money with?

JustMarkets is CySEC-regulated and client funds are held in segregated accounts. EU clients are covered by the ICF up to €20,000. This does not eliminate trading risk, but it protects funds from broker insolvency.

Why do people ask if JustMarkets is a scam?

Most forex scam searches come from traders who lost money trading. CFD trading is high-risk — 74% of JustMarkets retail clients lose money. Losing money on a legitimate platform does not make it a scam. Scams refuse all withdrawals and disappear. JustMarkets has processed billions in withdrawals over 14 years of operation.

Is JustMarkets regulated in my country?

JustMarkets holds licences covering 61 countries across 2 regulatory jurisdictions. The entity serving your account depends on your country. Check the full licence table above to find which entity applies to your region.

What happens to my money if JustMarkets goes bankrupt?

CySEC-regulated brokers must hold client funds in segregated bank accounts entirely separate from company operating funds. EU clients have ICF compensation up to €20,000.

74% of retail investor accounts lose money when trading CFDs with JustMarkets. Regulation does not eliminate trading risk. Only trade with money you can afford to lose.