Just Markets: Raw Spreads, Commissions & Forex Trading

Oct 29, 2025 by Jhon Lennon 55 views

Hey guys! Ever wondered about Just Markets and what makes them tick in the wild world of forex trading? Well, you're in the right place! We're diving deep into the nitty-gritty of their raw spreads, commission structures, and everything else you need to know. Buckle up, because we're about to unpack everything you need to know about navigating the markets with Just Markets. Let's get started!

Unveiling Just Markets: Your Gateway to Forex

First things first, what exactly is Just Markets? They're a forex broker that aims to provide traders with access to the global currency market. They typically offer a range of trading instruments, including forex currency pairs, CFDs (Contracts for Difference) on commodities, indices, and cryptocurrencies. But what really sets them apart, and what we'll be focusing on, is their promise of raw spreads and a competitive commission structure. This is what attracts a lot of traders, especially those who are serious about keeping their trading costs down. Why? Because lower costs mean potentially higher profits. It's that simple, right?

So, when you're looking at different brokers, the spread is essentially the difference between the buying and selling price of an asset, like the EUR/USD. It's a cost you pay every time you open a trade. And then there's the commission, which is a fee charged for executing your trades. Just Markets, like many brokers, offers different account types. It's often where the real differences in their pricing become clear. These accounts often cater to different trading styles and experience levels, ranging from those who are just starting to those who are seasoned pros. So understanding how Just Markets' raw spreads and commissions work is super important. It gives you the power to choose the right account, and trade wisely. Let's delve into what makes Just Markets a broker to consider. We will explore each aspect to help you better understand the ins and outs of this broker! Sounds good?

Raw Spreads: What's the Buzz About?

Alright, let's talk about raw spreads. This is a term you'll encounter a lot when dealing with brokers like Just Markets. Basically, a raw spread account means that the broker aims to give you access to the actual interbank spread. This is the difference between the buy and sell prices that banks and other large financial institutions use to trade currencies. The advantage? Potentially lower spreads compared to accounts with wider, fixed spreads. But there's a catch: This usually means a commission is charged on each trade to cover the broker's costs. It's a trade-off. You're getting the best possible price on the spread, but you pay a commission for the privilege. This can be a sweet deal for active traders who are trading high volumes. These traders are more likely to benefit from the tighter spreads. But it can also be a good deal for scalpers, who open and close trades very quickly, and who benefit from small price movements.

Now, how do raw spreads actually work with Just Markets? They source their liquidity from a variety of providers. That's how they can offer you those tight spreads. These providers are the big players in the forex market, the banks and financial institutions that are moving the currency. But, because the broker is offering those tight spreads, they need to make money somehow, and this is where the commission comes in. The commission is what Just Markets charges to cover their costs. They also make a profit. It is a win-win situation as the trader gets lower spreads. It is important to know that the actual spread you see can fluctuate. Spreads will vary depending on market conditions, and the liquidity. During times of high volatility, such as during important economic announcements, spreads might widen. When the market is quieter, the spreads may be narrower. Now, keep in mind that understanding how raw spreads function, and comparing them across different accounts and brokers, is critical. This is a crucial skill for any trader wanting to optimize their trading costs.

Commission Structures: Breaking it Down

Alright, let's break down the commission structures at Just Markets. This is where things can get a bit more detailed. Understanding how commissions work is just as important as knowing about the spreads. For raw spread accounts, commissions are usually charged on a per-lot basis. A lot is the standard unit of currency traded in forex (usually 100,000 units of the base currency). Just Markets, typically, charges a commission for each standard lot you trade. The commission is charged when you open and close a trade. So, if the commission is $3.50 per lot per side, then you'd pay $3.50 when you open the trade, and another $3.50 when you close it. So, how do you calculate commission costs? You need to know the commission rate per lot and the size of your trade. For example, if you trade 2 lots, and the commission is $7 per lot round turn (open and close), your total commission would be $14. Simple, right?

But here's a pro tip: Always factor in commissions when calculating your potential profit or loss. It is easy to forget about commissions, but they can eat into your profits, especially if you're trading small amounts. Make sure the total cost of each trade is something you are completely comfortable with. This also helps you compare costs between different brokers. Now, Just Markets' commission rates can vary depending on the account type. Different account types offer different commission structures, tailored to suit traders with different needs. Usually, you'll see a small commission per trade to access raw spreads. But, some accounts will have a higher commission rate. So you're trading off commission rates, and spreads. It is important to research the account types, and find the right fit for your trading strategy. Also, look out for any minimum commission requirements. Finally, check for any other fees that might apply, such as inactivity fees, or deposit/withdrawal charges. Understanding all the charges helps you make an informed decision.

Just Markets Account Types: Finding Your Match

Let's explore the account types that Just Markets typically offers. They usually provide several account options, each with its own specific features. Their account types are designed to accommodate different trading styles and experience levels. Understanding these account types is crucial. This will help you find the right fit for your needs.

Raw Spread Accounts: These are designed for traders seeking the tightest spreads possible, with commissions charged per trade. They provide direct access to interbank spreads, attracting experienced traders. This is the account type we've discussed most.
Standard Accounts: These accounts typically offer a commission-free trading experience, with spreads a bit wider than those on raw spread accounts. They are suitable for beginners or traders who prefer a simpler cost structure. It's a simple, straightforward option.
ECN Accounts: ECN (Electronic Communication Network) accounts usually offer direct access to the market. Traders can see and interact with the order flow. These accounts typically use a commission-based system, which is similar to the raw spread accounts, but they often have more advanced trading tools.

When comparing account types, focus on the spreads, commissions, minimum deposit requirements, and the trading instruments offered. This will help you determine which account best matches your trading style, and your financial goals. Make sure to choose the account that has the best trading conditions for your chosen strategy. Also, consider the platform and any trading tools offered. Choose the account that aligns best with your risk tolerance and your overall trading strategy. And of course, always do your research and see what other traders have to say about their experiences with each account type!

Spreads and Commissions Compared: A Quick Overview

Okay, let's do a quick comparison of spreads and commissions to give you a clear picture. On raw spread accounts, you typically see very tight spreads, like 0.0 pips on major currency pairs. The commission is usually charged per lot, for example, $3.50 per lot, per side. This means that, when you open and close a trade, you will be charged this amount. This structure is best for active traders. Then you have standard accounts, which usually have wider spreads (maybe 1.0 pip or more on major pairs), but no commission is charged. The costs are built into the spread, which makes it simple.

When choosing, consider how often you trade, and the size of your trades. If you are a high-volume trader, a raw spread account might be better, even with the commission, because the low spread can save you money. If you are a casual trader, a standard account may be better. If you are a scalper, or trade very short time frames, the tight spreads of a raw spread account are important to reduce costs. Make sure to calculate the total cost for each account type for your trading style. Also, compare the overall cost. Take all fees into account, and see which account offers the best value for your needs.

Trading Platforms and Tools: What's Available?

Alright, guys, let's talk about trading platforms and tools. This is another key factor when deciding if Just Markets is right for you. They usually offer the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. These are both popular choices, known for their reliability, and extensive features. MT4 is great for its user-friendly interface. MT5 is more advanced, with more technical analysis tools and timeframes. But how do you pick? It depends on your needs!

MetaTrader 4 (MT4): MT4 is the go-to platform for many traders. It is known for its simplicity and ease of use. It offers a wide range of indicators and charting tools. MT4 also supports automated trading through Expert Advisors (EAs).
MetaTrader 5 (MT5): MT5 is the more advanced version. It offers more technical indicators and charting tools. It also has a wider range of order types, and supports trading on multiple financial markets. MT5 also has a built-in economic calendar and a more sophisticated programming language for EAs.

Beyond the platforms, Just Markets typically provides other trading tools. Things like economic calendars, trading calculators, and market analysis. These tools can help you stay informed about market events and manage your risk. They can also offer educational resources, like webinars, tutorials, and market analysis. This will help you improve your trading skills. So, before you sign up, check out the platforms and tools, and see if they fit your needs! Are you happy with the platform? Does it have the tools you need? Make sure you have the right platform, and all the tools you need to support your trading strategy!

Deposits and Withdrawals: How It Works

Let's get down to the practical side of things: deposits and withdrawals. Knowing how to fund your account and get your money out is super important. Just Markets generally offers various methods for both deposits and withdrawals. This includes bank transfers, credit/debit cards, and e-wallets. The availability of these options can vary depending on your region. They usually process deposits quickly. Withdrawals may take longer. Be sure to check the specific processing times, as this is important for your financial planning.

When depositing funds, you'll need to follow the broker's instructions. This usually involves logging into your account, selecting your preferred deposit method, and entering the required information. Be careful to check for any fees associated with each method, and be sure to use secure payment channels. For withdrawals, the process is similar. You'll need to submit a withdrawal request. You will also need to provide the necessary details, and confirm the amount you want to withdraw. Again, watch out for any fees. It is good to understand the KYC (Know Your Customer) policy. Be sure you are ready to provide any required documentation for verification purposes. This is to comply with regulations, and prevent fraud.

Pros and Cons of Trading with Just Markets

Alright, let's weigh the pros and cons of trading with Just Markets. This is a great way to summarize the most important things we've covered. Let's start with the good stuff:

Pros:

Raw Spreads: The ability to access raw spreads can lead to lower trading costs. This is attractive for active traders.
Competitive Commissions: The commission structures are usually competitive, helping keep trading costs down.
Platform Options: The MT4 and MT5 platforms are reliable and have a lot of tools.
Account Variety: The range of account types can suit different trading styles and levels of experience.
Trading Instruments: Offers a good range of currency pairs, CFDs, and other instruments.

Now, for the other side of the coin:

Cons:

Commission Costs: While the spreads can be low, the commissions do increase the overall trading costs. This is something to consider.
Spread Fluctuations: Spreads can widen during high volatility. This is true for any broker, but it's important to remember.
Complexity: Raw spread accounts and commission structures can be more complex, especially for beginners.
Regional Availability: The availability of some services and payment methods can vary by region.

Final Thoughts: Is Just Markets Right for You?

So, after all this, is Just Markets the right broker for you? It depends! If you are an active trader, who is comfortable with commissions, and looking for tight spreads, then it could be a great choice. If you prefer a simpler cost structure, and are new to trading, a standard account with a different broker may be better. If you are an experienced trader, looking for advanced tools, then the MT5 platform is a good option. Do your research, try a demo account, and make sure their offerings line up with your needs. Always check their specific conditions, before you decide to open an account. Good luck, and happy trading! Remember to always trade responsibly, and manage your risk! Thanks for reading. I hope this helps you guys! Let me know if you have any questions!