Justforex Bonus Guide, Covering Forex Trading Features, Practical Use, and Risks

A complete guide to Justforex (JustMarkets) bonuses โ€“ explore deposit bonuses, no-deposit offers, trading volume requirements, profit withdrawal rules, fees, and key risks.

๐Ÿ“– Contents

What Is Justforex?

Justforex is a well-established online forex and CFD broker that was founded in 2012. In 2022, the brand rebranded to JustMarkets, though many traders still refer to it as Justforex. The broker is headquartered in Cyprus and operates under multiple regulated entities, including the Cyprus Securities and Exchange Commission (CySEC) (license 401/21), the Financial Services Authority (FSA) of Seychelles (license SD088), and the Financial Sector Conduct Authority (FSCA) in South Africa (FSP 51114). This multi-regulatory framework provides a strong layer of investor protection.

Justforex is known for its competitive trading conditions, including tight spreads starting from 0.0 pips on its Pro account, leverage up to 1:3000, and a wide range of instruments including forex, indices, commodities, and cryptocurrencies. The broker offers trading on MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, catering to both retail and institutional traders.

One of the key features of Justforex is its comprehensive bonus program, which includes deposit bonuses and no-deposit bonuses designed to attract new clients and reward existing ones. Understanding these bonuses is essential for maximising their benefits.

๐Ÿ“Œ Key point: Justforex rebranded to JustMarkets in 2022. The bonus programs, trading conditions, and account infrastructure remain largely the same. Both names refer to the same broker.

Bonus Types Overview

Justforex offers several types of bonuses, each with its own set of rules and conditions. The table below summarises the main bonus types available.

Bonus Type Description Typical Amount Key Condition
Deposit Bonus Bonus on each deposit of $100 or more 10% โ€“ 100% of deposit amount Trading volume requirement
No Deposit Bonus (Welcome) Bonus for new clients without deposit $30 (historical) Trading volume & deposit requirement
Loyalty Program / Cashback Rebate on trading volume Up to 20% spread rebate Accumulated volume
Promotional / Seasonal Limited-time offers Varies As per promotion terms

Source: Justforex (JustMarkets) historical promotions. Bonus percentages and terms may change. Always check the current offer on the official JustMarkets website.

Each bonus type has specific eligibility criteria, such as minimum deposit amounts, account types, and geographic restrictions. It is important to read the terms carefully before opting in.

Deposit Bonus Details

The Deposit Bonus is one of the most common promotions at Justforex. When you make a qualifying deposit, the broker adds a percentage of that deposit as bonus funds to your account. However, these bonus funds are subject to strict rules.

Key Rules for Deposit Bonuses

โš ๏ธ Important: The bonus funds themselves are not withdrawable. Only the profits generated from trading with the bonus can be withdrawn, and only after you have fulfilled the required trading volume. This is a standard industry practice.

๐Ÿ“Œ Scenario: A trader deposits $500 into a Classic account and receives a 25% bonus ($125). The trading volume requirement is $125 รท 4 = 31.25 standard lots. The trader must trade 31.25 lots within 90 days to unlock the bonus and make it withdrawable.

No Deposit Bonus

The No Deposit Bonus (also known as the Welcome Bonus) is designed for new traders opening their first live account with Justforex. Historically, the bonus has been offered as a $30 trading credit, credited to a dedicated Welcome account. This bonus allows traders to experience live trading without any initial financial commitment.

Key Rules for the No Deposit Bonus

๐Ÿ“Œ Tip: The no deposit bonus is an excellent way to test Justforex's trading conditions without risking your own money. However, the trading volume requirement of 5 standard lots within 30 days can be challenging for beginners. Plan your trades carefully.

๐Ÿ“Œ Scenario: A new trader claims the $30 no deposit bonus and trades 0.5 lots per day on the EUR/USD pair. Over 10 days, they accumulate 5 lots in total volume and meet the requirement. They then deposit $100 into a live account and withdraw their profits (up to $30).

How Bonuses Work

Understanding the mechanics of how bonuses work is essential for using them effectively. Here is a breakdown of the key concepts.

Bonus as Credit

Bonus funds are credited to your account as Credit, not as withdrawable Balance. The Credit is used as additional trading margin, allowing you to open larger positions than your balance would otherwise permit. However, the Credit itself cannot be withdrawn until it has been converted to Balance.

Conversion from Credit to Balance

To convert bonus Credit to withdrawable Balance, you must meet the specified trading volume requirement. Once the volume is met, the bonus amount is automatically transferred from Credit to Balance, making it available for withdrawal or further trading.

Profits from Bonus Trading

Profits generated from trading with bonus funds are treated as real profits. However, these profits may be subject to the same withdrawal restrictions as the bonus itself. For the no deposit bonus, profits are withdrawable only after meeting the volume requirement and making the minimum deposit.

โš ๏ธ Important: If you request a withdrawal before meeting the volume requirement, the bonus and any profits may be forfeited. Always check the specific terms for your bonus.

Trading Volume Requirements

The trading volume requirement is the most critical aspect of Justforex bonus rules. It determines whether you can withdraw profits generated from the bonus funds.

Deposit Bonus Volume Calculation

The formula for calculating the required volume is:

For example, if you receive a $200 bonus on a Classic account, you would need to trade 50 standard lots (200 รท 4 = 50) within the bonus period to unlock the bonus.

No Deposit Bonus Volume Requirement

The no deposit bonus typically requires 5 standard lots within 30 days. This is a fixed requirement regardless of the bonus amount.

What Counts Toward the Volume?

๐Ÿ“Œ Tip: The volume requirement is designed to encourage active trading. Before claiming a bonus, estimate whether you can realistically trade the required volume within the given timeframe. If you are a low-frequency trader, a high-volume requirement may not be suitable.

Withdrawal Rules

Understanding the withdrawal rules is essential before you start trading with a bonus. The key rules are as follows:

Bonus Itself Is Not Withdrawable

The bonus credit itself is not cash and cannot be withdrawn. It is provided as trading credit to allow you to trade in the live market. Only the profits generated from trading with the bonus are eligible for withdrawal.

Maximum Withdrawable Profit (No Deposit Bonus)

For the no deposit bonus, there is a cap on the amount of profit you can withdraw. For the $30 bonus, the maximum withdrawable profit is typically up to $30 (equivalent to the bonus amount). Any excess profit above this cap is forfeited.

Deposit Requirement for No Deposit Bonus Withdrawal

To withdraw profits from the no deposit bonus, you must register a live trading account with Justforex and make a minimum deposit of $100 into that account. This is effectively a requirement to convert your Welcome account into a full live account before you can access your profits.

Bonus Cancellation

If you wish to cancel a bonus, you can do so in the "Received bonuses" section of the client portal. Cancelling a bonus will remove the Credit from your account but will also remove any restrictions on withdrawing your deposited funds.

๐Ÿ“Œ Tip: If you are unable to meet the trading volume requirement, it may be better to cancel the bonus to avoid restrictions on withdrawing your own funds. However, doing so will forfeit any profits generated from the bonus.

Fees and Timing

When trading with a bonus, it is important to be aware of the fees and timing involved.

Deposit and Withdrawal Fees

Justforex generally does not charge fees for deposits. However, withdrawal fees may apply depending on the payment method you choose. Some methods may incur a fee in the form of a percentage of the amount withdrawn. Always check the fee schedule for your specific payment method.

Processing Times

Bonus Expiry

๐Ÿ“Œ Tip: If your bonus is about to expire and you have not met the volume requirement, consider whether it is worth continuing to trade or if you should cancel the bonus. Check the status of your bonus regularly in the client portal.

Common Mistakes

  • โŒ Assuming the bonus is free money: Many traders mistakenly believe they can withdraw the bonus immediately. The bonus is trading credit, not withdrawable cash.
  • โŒ Not reading the terms and conditions: Failing to understand the volume requirement, time limit, and withdrawal limits is one of the most common mistakes.
  • โŒ Underestimating the volume requirement: Trading 5 standard lots in 30 days (no deposit bonus) or 50 lots (deposit bonus) can be challenging for beginners. Many traders underestimate how much trading is required.
  • โŒ Not understanding the $100 deposit requirement (no deposit bonus): Many traders are surprised to learn they need to deposit $100 to withdraw their profits from the Welcome account.
  • โŒ Trading without a strategy: Some traders treat the bonus as "play money" and trade recklessly, which often leads to losing the bonus quickly.
  • โŒ Ignoring the time limit: The bonus typically expires after 30 or 90 days. If you do not meet the volume requirement within this period, you forfeit the bonus and any profits.
  • โŒ Not verifying the account properly: Failing to complete the full KYC verification can delay or prevent the bonus from being credited and profits from being withdrawn.
  • โŒ Overlooking swap fees: Holding positions overnight incurs swap fees, which can eat into your profits, especially when trading with a small bonus.

๐Ÿ“Œ Scenario: A trader claims the $30 no deposit bonus, makes $50 in profits within a week, and requests a withdrawal. The withdrawal is denied because they have not met the 5-lot volume requirement. They then trade aggressively to meet the volume, but end up losing most of the bonus and profits. By understanding the rules upfront, they could have planned their trading more effectively.

Risk Warning

โš ๏ธ Bonuses can increase risk, not reduce it

While bonuses provide additional trading capital, they can also encourage over-trading and excessive risk-taking. Justforex offers leverage up to 1:3000, which can magnify both profits and losses. When you combine bonus funds with high leverage, the potential for significant losses increases.

Key risks to consider:

  • Over-trading: The pressure to meet volume requirements may lead you to overtrade or take positions that are too large for your account size.
  • Leverage amplification: Bonus funds increase your available margin, but any losses are deducted from your own funds first. A string of losing trades can wipe out your deposit.
  • Expiry pressure: The time-limited nature of bonuses can create psychological pressure to trade when market conditions are unfavourable.
  • Regulatory protection: Not all Justforex entities offer the same regulatory protections. Clients under FSA Seychelles have different safeguards than those under CySEC or FSCA. Verify which entity holds your account.

As the CFTC and IOSCO consistently warn, retail forex and CFD trading carries substantial risk. Bonuses are a marketing tool designed to attract traders โ€“ they do not guarantee profitability. Always trade with money you can afford to lose and consider seeking independent financial advice if you are unsure about your risk tolerance.

Never trade with money you cannot afford to lose. This article does not constitute personalised financial, legal, or tax advice.

Frequently Asked Questions

What bonuses does Justforex offer?

Justforex (JustMarkets) offers deposit bonuses (10%โ€“100% on deposits of $100 or more) and has historically offered a $30 no-deposit bonus for new clients. Promotional offers may vary over time.

Can I withdraw the bonus amount?

No, the bonus itself is not withdrawable. Only profits generated from trading with the bonus can be withdrawn, and only after you have met the required trading volume.

How is the trading volume requirement calculated for deposit bonuses?

For Classic accounts, Required Lots = Bonus Amount รท 4. For NDD accounts, Required Lots = Bonus Amount รท 3. For example, a $100 bonus on a Classic account requires 25 standard lots.

What happens if I don't meet the volume requirement?

If you do not meet the required trading volume within the bonus expiry period (30 days for no deposit bonus, 90 days for deposit bonus), the bonus and any profits derived from it will be removed from your account.

Are all account types eligible for bonuses?

Deposit bonuses are available on Classic and NDD accounts. The no deposit bonus is available on a dedicated Welcome account. Some account types (e.g., Cent accounts) may have different or limited bonus offers.

Do I need to deposit money to withdraw profits from the no deposit bonus?

Yes, you must register a live trading account with Justforex and make a minimum deposit of $100 to withdraw profits from the no deposit bonus.

Is Justforex regulated?

Yes, Justforex (JustMarkets) is regulated by CySEC (license 401/21), FSA Seychelles (SD088), FSCA South Africa (FSP 51114), and FSC Mauritius. The level of protection depends on the entity holding your account.

How can I verify Justforex's regulation?

You can verify Justforex's regulation by checking the CySEC register (license 401/21), the FSA Seychelles register, or the FSCA register (FSP 51114). Always confirm directly with the regulator.