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JustMarkets in India — review, licence and costs
Score (6 of 6 axes scored)
ranked against full-basis brokers
- Reviews25%85
- Round-turn cost20%95
- Safety20%10
- Payouts15%60
- Track record10%70
- Platforms10%50
Numbered by weight: axis 1 counts for most.
Key facts (6 facts)
- Onboarding entity
- Just Global Markets Ltd
- Founded
- 2012
- Retail leverage
- 3000IN
- Round turn
- 6 USDIN
- Currencies
- USD, EUR (INR base not verified).
- Swap-free account
- yes
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 India residents
- Just Global Markets Ltd
- Local standing
- Not SEBI/RBI authorised; offshore FX retail is FEMA grey area. No JustMarkets-specific SEBI alert confirmed at review.
- Licence as the register states it
- Seychelles FSA SD088; not SEBI-registered.
- Leverage for this entity
- Up to 1:3000 (offshore).
- The firm behind it
- Founded 2012 as JustForex; rebranded 2022; Just Global Markets group.
- What we hold against it
- Not SEBI-regulated; offshore; INR forex with unauthorised brokers legally risky under FEMA.
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Indian residents enters the score.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youNot SEBI/RBI authorised; offshore FX retail is FEMA grey area. No JustMarkets-specific SEBI alert confirmed at review.
- 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 India market median(priced from 65 of 90)
Medians run over the 65 of 90 brokers that publish a price for India, 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, Cent, Pro, Raw Spread, Standard/Cent from USD 10. 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 India base(90 brokers)
Round-turn cost, USD (65 of 90 priced)
Median 7 USD · range 2-18 · this broker 6 USD · 25 of 90 brokers do not publish it
Minimum deposit, USD (16 of 90 priced)
Median 15 USD · range 0-1000 · this broker 10 USD · 74 of 90 brokers do not publish it
Retail leverage (49 of 90 with a India figure)
Median 1:500 · range 20-5000 · this broker 1:3000 · 41 of 90 brokers do not publish it
Withdrawal time published (90 brokers)
Payouts(2 methods)
| Method | Deposit, h | Fee, USD | Min, USD |
|---|---|---|---|
| Cards | 24 | 0 | 50 |
| Crypto | 24 | 0 | 50 |
Deposit and withdrawal methods (2 methods · 0 local rails)
INR local deposit via payment agents reported (UPI-type rails not officially confirmed);
- Cards
- Crypto
- Account currency
- USD, EUR (INR base not verified).
- Fee declared
- 2 of 2 methods
- Withdrawal back to
- the funding method
Where it does not serve(8 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(3 platforms)
- MT4
- MT5
- mobile app
Identical for every row: Min spread 0.3 · Leverage 3000 IN.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 4.7 | 3,986 |
Share of reviewers in India: — The platform does not publish it.
Pros and cons(5 for and 3 against, each tied to a figure on this page)
- Round turn 6 USD on the raw + commission basis, under the India median 7
- Min deposit 10 USD, under the India median 15
- Swap-free account available
- Round-turn cost 95 of 100, its strongest of 6 scored axes
- 3 platforms: MT4, MT5, mobile app
- No India authorisation on file: the entity that onboards you is licensed elsewhere
- The published 1:3000 comes from the group's offshore entity, not from the India one
- Safety 10 of 100, its weakest of 6 scored axes
Alternatives in India(6 of 90 scored in India)
- Round turn, USD
- 6IN
- Min deposit, USD
- 0 groupIN
- Leverage
- 500IN
- Rank in this country
- #15
- Round turn, USD
- 7IN
- Min deposit, USD
- 10 groupIN
- Leverage
- 200IN
- Rank in this country
- #19
- Round turn, USD
- 7IN
- Min deposit, USD
- 0 groupIN
- Leverage
- 2000 group
- Rank in this country
- #56
- Round turn, USD
- 7IN
- Min deposit, USD
- 0 groupIN
- Leverage
- 500IN
- Rank in this country
- #24
- Round turn, USD
- 4.5IN
- Min deposit, USD
- 0IN
- Leverage
- 500IN
- Rank in this country
- #3
- Round turn, USD
- 5IN
- Min deposit, USD
- 0 groupIN
- Rank in this country
- #2
"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.
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 India score. Full methodology
| Axis | Weight | What is measured | JustMarkets |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 85 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | 95 |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 10 |
| 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 India?
- No. Not SEBI/RBI authorised; offshore FX retail is FEMA grey area. No JustMarkets-specific SEBI alert confirmed at review. Onboarding entity: Just Global Markets Ltd
- Is JustMarkets licensed to serve clients in India?
- Seychelles FSA SD088; not SEBI-registered. Checked on 09.07.2026.
- How much does one round turn cost at JustMarkets?
- About 6.0 USD per standard lot on EUR/USD. The median across brokers measured for India is 7.0 USD.
- What leverage does JustMarkets offer to retail clients in India?
- Up to 1:3000. Up to 1:3000 (offshore)
- Which trading platforms does JustMarkets support?
- MT4, MT5, mobile app. Instruments: FX, metals, energies, indices, crypto CFDs, stocks.
- How can I withdraw money from JustMarkets in India?
- INR local deposit via payment agents reported (UPI-type rails not officially confirmed); cards, crypto.
- What account types does JustMarkets offer?
- Standard, Cent, Pro, Raw Spread; Standard/Cent from USD 10.
- Does JustMarkets offer a swap-free (Islamic) account?
- Yes. JustMarkets offers a swap-free (Islamic) account to India residents.
Cost calculator (median of 65 priced of 90)
EURUSD round turns at the prices captured 01.10.2026. Shown in USD only: we do not publish a INR conversion because the exchange rate is not part of our data.