JustMarkets Account Types in South Africa

Understanding JustMarkets Account Structure in South Africa

At JustMarkets, our company offers South African traders a variety of account types suited to different trading levels and capital sizes. All accounts support South African Rand (ZAR) to reduce conversion fees. Each account type presents unique features, including spreads, leverage, and trading instruments, designed to fit specific trading approaches.

We enable new traders starting with small deposits as well as seasoned traders who seek advanced conditions. Selecting the appropriate account type influences trading costs, available markets, and platform capabilities. South African traders can open multiple accounts simultaneously to diversify their strategies.

Our account verification aligns with South Africa’s financial regulations, requiring KYC documents such as SA ID and proof of residence. Verification is typically completed within 24 hours for local clients.

Standard Cent Account Features for South African Beginners

The Standard Cent account is designed for South African traders entering the forex market with limited capital. It allows trading in cent lots, minimizing exposure while providing full market access. This account requires a deposit as low as R15, making it affordable for new traders.

Trading with cent lots means each lot equals 1,000 units rather than 100,000, allowing smaller position sizes. This helps beginners manage risk effectively while learning platform mechanics and market behaviour. The account offers fixed spreads starting at 1.8 pips on major pairs and leverage up to 1:3000, adjustable based on risk preferences.

All major forex pairs, metals, and select indices are accessible. Overnight swap costs are proportionate to position sizes, and no commission fees apply. MetaTrader 4 and 5 platforms are available with full toolsets for analysis and automation.

How to Use the Standard Cent Account on JustMarkets

• Register and verify using South African ID and proof of address.
• Log in to your client portal and select Standard Cent as account type.
• Deposit minimum R15 via EFT or card in ZAR.
• Download MT4 or MT5 desktop/mobile app or use WebTrader.
• Open new trades by selecting cent lots in the order window.

This account allows you to practise trade execution and apply technical analysis with minimal financial risk.

Standard Account Configuration for Regular Trading

The Standard account suits South African traders ready for full-sized lot trading but with a low initial deposit of R15. It offers fixed spreads and a broad instrument selection across forex, commodities, indices, and cryptocurrencies. This account supports manual and automated trading strategies.

Spreads start from 1.8 pips on major pairs, with over 120 instruments available. Order types include market, pending, stop, and limit orders. Average execution speed is under 100 milliseconds during normal market hours, ensuring responsive trading experience.

Instrument Categories on Standard Account

• Major forex pairs such as EUR/USD, GBP/USD, USD/ZAR
• Minor and exotic currency pairs
• Precious metals including Gold and Silver
• Energy commodities like Crude Oil and Natural Gas
• Global indices including S&P 500 and JSE Top 40
• Popular cryptocurrencies like Bitcoin and Ethereum

Risk management tools include negative balance protection and stop-out levels at 20% margin. Margin requirements vary by instrument, typically 0.33% for majors with leverage up to 1:300.

Pro Account Advanced Trading Conditions

The Pro account is designed for South African traders needing better trading conditions and lower costs. It requires a minimum deposit of R150 and offers variable spreads from 0.8 pips on EUR/USD. We use liquidity from tier-1 banks and ECN providers to ensure competitive pricing.

Pro traders benefit from priority order execution and dedicated account management for balances above R15,000. Advanced market research and trading signals assist decision-making. VPS hosting is available with Cape Town servers for reduced latency.

Using the Pro Account on JustMarkets

• Complete verification and deposit R150 or more in ZAR.
• Activate Pro account via client dashboard.
• Access MT4 or MT5 with advanced charting and premium indicators.
• Enable automated trading with Expert Advisors and signals.
• Contact your account manager for personalised support.

This account type suits traders who require precise execution and enhanced analysis tools.

Raw Spread Account for Professional Execution

The Raw Spread account provides South African traders with institutional-grade trading. It features raw interbank spreads starting at 0.0 pips plus commission fees. Commissions are $3.50 per side per standard lot, enabling transparent cost calculation.

This account requires a minimum deposit of R150 and is ideal for scalpers and high-frequency traders. Discounts apply for monthly volumes over 100 lots. Execution uses an ECN model with aggregated liquidity and no dealer intervention.

Steps to Use Raw Spread Account

• Register and verify identity with South African documents.
• Deposit at least R150 in ZAR through EFT or card.
• Select Raw Spread account type in your dashboard.
• Download MetaTrader with ECN settings activated.
• Place orders using market or pending order types with commission tracking.

The ECN model provides transparent market depth and real-time liquidity data for precise execution.

ZAR Account Benefits for South African Traders

All JustMarkets account types support ZAR denomination, eliminating currency conversion fees for South African clients. Deposits, withdrawals, and profit calculations are conducted in Rand, simplifying accounting and tax reporting.

We facilitate local EFT transfers from major banks such as Standard Bank, FNB, ABSA, and Nedbank. Deposit processing times range from 2 to 4 hours on business days. Withdrawal minimums start at R100, processed within 1 to 3 business days.

How to Open a ZAR Account

• During registration, select ZAR as your account currency.
• Fund your account using local EFT or card in Rand.
• Monitor balances and trades displayed in ZAR on the platform.
• Use local withdrawal options to avoid conversion fees.
• Utilize tax reports provided in ZAR for South African filings.

ZAR accounts provide convenience and cost savings for South African traders.

Account Opening Process for South African Residents

Opening your JustMarkets account in South Africa involves a straightforward online process. Registration requires personal details and country selection set to South Africa. Verification mandates submission of a valid SA ID or passport and proof of address not older than three months.

Document uploads use a secure portal supporting PDF, JPG, or PNG formats up to 5MB. Verification usually completes within 24 hours during local business days. Verified accounts gain full access to deposits, withdrawals, and trading features.

Funding Verified Accounts

South African clients can fund verified accounts via credit/debit cards, EFT, e-wallets, and cryptocurrencies. Minimum deposits depend on account type and payment method, starting from R15 for Standard accounts and R150 for Pro or Raw Spread. Withdrawals use the same channels, with processing times of 1 to 3 business days for local transfers.

Platform Integration and Trading Tools

JustMarkets supports MetaTrader 4, MetaTrader 5, and WebTrader platforms across all account types. These platforms provide identical core functionalities with adjustments to spreads, commissions, and execution depending on the account. South African traders benefit from platform versions compatible with Windows, macOS, iOS, and Android.

Advanced charting includes over 80 technical indicators and drawing tools. Real-time price feeds with minimal latency are delivered through Cape Town-based servers. Platform settings sync via cloud storage, allowing seamless transitions across devices.

Mobile Trading Capabilities

Our iOS and Android apps offer full trading access with real-time quotes, charting, and order management. Features include secure biometric login and push notifications for trade alerts. Offline chart viewing supports analysis without constant network access. The mobile interface optimizes touch navigation while retaining desktop-level functionality.