By Nathan Ferguson
JP Markets Rating
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Platform Rating
Summary
JP Markets is an online trading platform that we are reviewing for you today, our expert writers have gone over each and every aspect of the trading platform in this JP Markets review for you now in order to help you decide if you want to sign up with them or not. Is JP Markets a scam or is it legit? Find out in the full review below or go to the JP Markets website in the following link.
JP Markets Review
JP Markets is a Johannesburg-based online FX and CFD broker. Traders can join in and begin trading on the unparallel MetaTrader 4 (MT4) platform after creating a demo or live account. This JP Markets review will go over the welcome bonus, the registration process, how to approach the customer, and more.
Trading Platforms
The MT4 platform is available for download from JP Markets. MT4 is a Windows and Mac application that is regarded as the best for retail forex trading. The MT4 platform is responsive, with customizable configuration and interface.
Once you’ve created an account, you’ll have access to a variety of trading tools. The Market has chart timeframes, 30 analytical signals, and hundreds of price indications. There are several order kinds to choose from and also risk control techniques.
The JP Markets MT4 platform supports trading in 30+ different languages and several currencies, including Pounds, euros, USD, SGD, and PLN.
The MetaTrader 5 and Web Trader interfaces are not offered with real trading accounts at JP Markets.
Asset Offering
JP Markets offers FX and CFD trading on 5,000 markets throughout the world, including:
- Stocks and shares in significant international corporations
- Minors, majors, and exotics in forex
- Nasdaq 100 and other indices.
- Gold and silver are offered as commodities.
- Bitcoin and other major cryptocurrencies
JP Markets Mobile App
On the go, the JP Markets phone application gives complete account control. Customers can make withdrawals and deposits, open real-time accounts, and access instructional resources via the mobile dashboard. The Android and Apple versions of the mobile app are available for download.
The broker’s application is updated on a regular basis to enhance the user experience.
Methods of Payment
JP Markets customers have a good selection of various payment options.
Deposits
You can fund your account in the following ways:
- Credit/debit cards
- Transfer by bank
- Skrill
Withdrawals
For withdrawals you can use the same process that you use in depositing funds. Withdrawals are executed from 9 a.m. to 5 p.m. (GMT +2) Monday through Friday However, there are some security barriers to overcome throughout the withdrawal process.
Account Demo
A demo account is available at JP Markets. The demo account uses real market statistics and leverage to imitate genuine trading situations. The only distinction is that virtual money is used.
Types of Accounts
JP Markets accounts come in a variety of shapes and sizes. Once you open a real-money account, you have the option of using USD, ZAR, or GBP. You can also pick between an ECN and an STP model. The ECN 0 spread account charges a commission for each trade, whereas the STP model charges the brokerage a fee based on the spread.
You must provide FICA documentation, which contains verification of identity and address while opening an account. Each form of user account offers a safe sign-in process as well as a members’ section where you may access materials and account features.
Customer Service at JP Markets
Customers can get help from a variety of sources, including:
Live chat, cell number, WhatsApp, and email address are all available.
A reasonably substantial Faqs section and a web contact form are also available on the website. Customer care representatives are well-informed and can assist with registration issues, user verification, and customer area server issues. They can also offer advice if a transaction is denied.
The only criticism we have is that support times may be better. When utilizing live chat or calling the hotline, it can take several minutes to reach someone.
Security
JP Markets uses platform encryption to ensure a safe trading environment. For an additional degree of protection, the MT4 platform has a one-time password (OTP).
Conclusion
JP Markets is among South Africa’s most well-known forex brokers. Free education courses and online webinars, it’s especially beneficial for newcomers. A top-notch trading experience is also ensured by the mobile application and the dependable MT4 platform. Narrower spreads, algo trading, and improved customer service are all things we’d want to see.
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