Trader Union Experts publish a review of a JustForex broker

Malaysians are increasingly using their mobile phones to conduct mobile trading and launch careers in trading. Today, around 80% of Malaysians have access to the Internet. Youthful employment in trade occupations has grown concurrently with growing job competition. The need for new sources of income among Malaysia’s educated youth led to a growth in forex trading. However, there has been a lack of proper direction as to the best Forex broker. Trader Union reviews many Forex brokers and made a top-list Forex broker a trader can use in  Malaysia.

What is a Forex Broker 

A forex broker is an institution that offers financial services to traders by giving them access to a marketplace where they may buy and sell foreign currency.

Foreign exchange is usually abbreviated as forex. Every transaction in the foreign exchange market involves a pair of two distinct currencies.

What makes a top Forex broker?

These are the primary selection criteria used by Trader Union analysts:

•     Fair forex fees should come first.
•     A wide range of currency pairings.
•     A fantastic platform for trading forex with advanced charts.
•     Tools to help you learn the fundamentals of trading.

Be cautious while trading foreign currencies if you’re a newbie because forex products are complicated and hazardous, making them unsuitable for everyone.

The rating from Traders Union includes 21 companies. The top five include such brokers:

• Admiral Markets. This company has been brokering since 2001 and is considered one of the best forex brokers. The main office of the company is located in the UK. Admiral Markets offers access to Forex and CFD trading.
• RoboForex is a well-known brokerage organization that offers a wide range of opportunities to make money on the financial markets. The platform has opportunities for both active trading and passive income (copy trading).
• Exness is a broker providing services since 2008. During its existence, the company has received a lot of authoritative awards. In the reviews, users note comfortable trading conditions, low commissions, instant execution of transactions, etc. Beginners can count on risk-free training, a demo account is provided.
• Tickmill – the company positions itself as a global forex broker that provides profitable services to both professionals and beginners. The brokerage organization has been operating since 2014 and is popular among traders.
• IC Markets is an Australian broker based in Sydney. It has been operating since 2007 and is regulated by ASIC, AFSL licenses. The list of available instruments includes 60 currency pairs, futures, CFDs on indices, commodities, metals, stocks and bonds.

Other reliable companies are also included in the rating. The top twenty is closed by JustForex.

What is JustForex Broker 

JustMarkets is the trade name for businesses that offer online Forex trading services and access to various conventional financial instruments. The Vanuatu Financial Services Commission, the Cyprus Securities and Exchange Commission, the Seychelles Financial Services Authority, and the Financial Sector Conduct Authority (FSCA) in South Africa all have jurisdiction over the broker’s operations.

Since the brokerage firm specializes in traditional assets, it allows its customers to trade in currency pairings, cryptocurrencies, futures, and indices. One of the company’s defining characteristics is a mixed business strategy that enables JustMarkets to undertake both brokerage and dealing activities.

JustForex strives to adhere to the most current software development standards, places emphasis on quick order execution, and constantly improves the services it offers.

Major Features of JustForex Broker 

•       It has a minimum deposit of $1, though, depending on the account type.
•       It has different trading instruments such as Futures, Currency, metals, indices, stocks, and crypto.
•       It has a friendly user interface.
•       It has excellent trading conditions on account, such as Cent, Mini, Standard, ECN Zero, Crypto
•       It has a leverage of up to 1:3000.
•       Tight spreads.

Pros and Cons of JustForex Broker 

The Pros of JustForex Broker are;

•     All strategies are acceptable;
•     protection against negative balance;
•     24/7 multilingual assistance.

The Cons are: 

•     A limited number of trading options; 
•     absence of PAMM accounts;
•     Occasionally, the technical support’s response time is prolonged;