JPMarkets Review, jpmarkets bonus.

Jpmarkets bonus


In terms of fees, can jpmarkets be trusted? Well, they’re withdrawal system does look like a mess, but in terms of veriety it’s not that bad.

Free forex bonuses


JPMarkets Review, jpmarkets bonus.


JPMarkets Review, jpmarkets bonus.


JPMarkets Review, jpmarkets bonus.

There are no fees for bank transfers from the broker himself, but banks may play a role in that by applying their own fees. Other than that, the only fees you’ll have to face are the credit card fees, which is a fixed 50 rand (nearly $4). Sure it’s not that much, but regarding how often you withdraw, a fixed fee isn’t a good option. There are many pros and cons that need to be discussed about the broker. But before we do that, we need to say that there was nothing too impressive with the broker. There were no highs that outweight the lows. Can jpmarkets be trusted? Yes, in terms of being a scam, we think that is highly unlikely, but should you go for them? Now that’s a different question.


Jpmarkets review


Minimum deposit


Bonus


Maximum leverage


Year founded


Regulation


Trading platform


The reputation of this broker is doubtful!


We do not trust this broker and do not recommend it to you.


South africa is definitely a big player in terms of finance. Their level of trading currencies has been increasing year by year, which has been followed by the increase of south african forex brokers. This may be a bit daunting for some beginners or already established traders in south africa. Because of the large variety of choice under the same regulator, the things these brokers are able to feature could seem quite similar.


In this jpmarkets review you will be able to learn about the features of this broker, how it’s able to stand out from the rest of them, what good features and bad features does it offer and etc. Not only will you find more about this particular broker, but the whole system of rating these companies as well. So without further a do, let’s find out, is jpmarkets legit? Or is it just another scam?


Jpmarkets first impressions


First things first, we need to talk about how the broker presents itself. When we visited the site we were met with a large blank page, which just turned out to be a “content filler”. After scrolling down you basically access the “why us” section , where the broker displays their primary benefits in operations.


To tell you the truth, we appreciated the simplicity that jpmarkets forex broker offered on their homepage. All of the relevant information was rather easy to find, especially the regulation notice, which is always a primary document we try to find the moment we visit a broker’s website. The license paper has been scanned and displayed on the website, where it is clear that the broker is regulated, so in that sense, all’s good.


The minimum deposit


While looking through the website trying to find as much information as possible, we saw that jpmarkets FX brokerage doesn’t really have a minimum deposit. Is it true? Well according to some answers from the broker itself, the clients are able to deposit as much as they’re comfortable with, but they do reccomend a minimum deposit of 3,000 rand ($220). Even if the limitless minimum deposit is a lie, $220 is not that much and is easily competitive to other brokers that feature $250 and more, furthermore jpmarkets also supports bitcoin deposits, but only via skrill. Does the ease of deposits translate into ease of withdrawals? Let’s find out.


Jpmarkets withdrawal system


The information disclosed about the withdrawal system of the broker is quite limited. The only thing we were able to find out is that not every bank is supported in terms of withdrawals. For example a local bank withdrawal would take 2 days to process, but there are some exceptions that could be processed in the same day. This may seem nice and all, but one feature really clicked out jpmarkets scam button when we first saw it. When you request a withdrawal, the broker will actually call you, which they justify as a “safety reason”. Sure it may be just a call to verify it’s you, but how would they do that? A voice recording is not required when you register and if an unauthorized person is able to access your account, they’ll be able to dupe the broker with a phone call right? Sure the reasons of the phone call are nice, but there’s no guarantee that they won’t try to persuade you to deposit more. Which is a real pain in the neck don’t you agree?


In terms of fees, can jpmarkets be trusted? Well, they’re withdrawal system does look like a mess, but in terms of veriety it’s not that bad. There are no fees for bank transfers from the broker himself, but banks may play a role in that by applying their own fees. Other than that, the only fees you’ll have to face are the credit card fees, which is a fixed 50 rand (nearly $4). Sure it’s not that much, but regarding how often you withdraw, a fixed fee isn’t a good option.


Trading platform


With trading platforms, unfortunately there’s basically no variety. The reason is that there is no ctrader, web trader or any private trading platform. The only one you can utilize is the jpmarkets MT4 platform, which could be a big inhibition for those not too familiar with it. We think that featuring at the very least ctrader would have been a great addition, because brokers can’t really afford restricting their client base to a single platform these days. Although MT4 is still considered as a solid trading software, the lack of variety is still very restricting.


Deposit bonus


It’s good to see that jpmarkets deposit bonus exists, but it may be too late to talk about it as it will end in november 30th. The bonus is varied and can reach a maximum of 100%, but it’s not for everybody. Sure the broker markets a limitless minimum deposit, but the bonuses only apply to specific amounts. For example:



  • 25% – R 3000 – R 30,000

  • 40% – R 30,001 – R 60,000

  • 60% – R 60,001 – R 100,000

  • 80% – R 100,001 – R 125,000

  • 100% – R 125,000+



Jpmarkets final opinion


There are many pros and cons that need to be discussed about the broker. But before we do that, we need to say that there was nothing too impressive with the broker. There were no highs that outweight the lows. Can jpmarkets be trusted? Yes, in terms of being a scam, we think that is highly unlikely, but should you go for them? Now that’s a different question.


In terms of their withdrawals, spreads of 2.4 pips and restricted trading platforms, we believe that jpmarkets ranks as a below average forex broker. In terms of safety and education we think that you won’t have to worry, but in terms of value, there are other south african forex brokers that offer better services for the same conditions. It’s also needed to be said that there was no variety in trading accounts.


The reputation of this broker is doubtful!


We do not trust this broker and do not recommend it to you.



Jpmarkets review


Minimum deposit


Bonus


Maximum leverage


Year founded


Regulation


Trading platform


The reputation of this broker is doubtful!


We do not trust this broker and do not recommend it to you.


South africa is definitely a big player in terms of finance. Their level of trading currencies has been increasing year by year, which has been followed by the increase of south african forex brokers. This may be a bit daunting for some beginners or already established traders in south africa. Because of the large variety of choice under the same regulator, the things these brokers are able to feature could seem quite similar.


In this jpmarkets review you will be able to learn about the features of this broker, how it’s able to stand out from the rest of them, what good features and bad features does it offer and etc. Not only will you find more about this particular broker, but the whole system of rating these companies as well. So without further a do, let’s find out, is jpmarkets legit? Or is it just another scam?


Jpmarkets first impressions


First things first, we need to talk about how the broker presents itself. When we visited the site we were met with a large blank page, which just turned out to be a “content filler”. After scrolling down you basically access the “why us” section , where the broker displays their primary benefits in operations.


To tell you the truth, we appreciated the simplicity that jpmarkets forex broker offered on their homepage. All of the relevant information was rather easy to find, especially the regulation notice, which is always a primary document we try to find the moment we visit a broker’s website. The license paper has been scanned and displayed on the website, where it is clear that the broker is regulated, so in that sense, all’s good.


The minimum deposit


While looking through the website trying to find as much information as possible, we saw that jpmarkets FX brokerage doesn’t really have a minimum deposit. Is it true? Well according to some answers from the broker itself, the clients are able to deposit as much as they’re comfortable with, but they do reccomend a minimum deposit of 3,000 rand ($220). Even if the limitless minimum deposit is a lie, $220 is not that much and is easily competitive to other brokers that feature $250 and more, furthermore jpmarkets also supports bitcoin deposits, but only via skrill. Does the ease of deposits translate into ease of withdrawals? Let’s find out.


Jpmarkets withdrawal system


The information disclosed about the withdrawal system of the broker is quite limited. The only thing we were able to find out is that not every bank is supported in terms of withdrawals. For example a local bank withdrawal would take 2 days to process, but there are some exceptions that could be processed in the same day. This may seem nice and all, but one feature really clicked out jpmarkets scam button when we first saw it. When you request a withdrawal, the broker will actually call you, which they justify as a “safety reason”. Sure it may be just a call to verify it’s you, but how would they do that? A voice recording is not required when you register and if an unauthorized person is able to access your account, they’ll be able to dupe the broker with a phone call right? Sure the reasons of the phone call are nice, but there’s no guarantee that they won’t try to persuade you to deposit more. Which is a real pain in the neck don’t you agree?


In terms of fees, can jpmarkets be trusted? Well, they’re withdrawal system does look like a mess, but in terms of veriety it’s not that bad. There are no fees for bank transfers from the broker himself, but banks may play a role in that by applying their own fees. Other than that, the only fees you’ll have to face are the credit card fees, which is a fixed 50 rand (nearly $4). Sure it’s not that much, but regarding how often you withdraw, a fixed fee isn’t a good option.


Trading platform


With trading platforms, unfortunately there’s basically no variety. The reason is that there is no ctrader, web trader or any private trading platform. The only one you can utilize is the jpmarkets MT4 platform, which could be a big inhibition for those not too familiar with it. We think that featuring at the very least ctrader would have been a great addition, because brokers can’t really afford restricting their client base to a single platform these days. Although MT4 is still considered as a solid trading software, the lack of variety is still very restricting.


Deposit bonus


It’s good to see that jpmarkets deposit bonus exists, but it may be too late to talk about it as it will end in november 30th. The bonus is varied and can reach a maximum of 100%, but it’s not for everybody. Sure the broker markets a limitless minimum deposit, but the bonuses only apply to specific amounts. For example:



  • 25% – R 3000 – R 30,000

  • 40% – R 30,001 – R 60,000

  • 60% – R 60,001 – R 100,000

  • 80% – R 100,001 – R 125,000

  • 100% – R 125,000+



Jpmarkets final opinion


There are many pros and cons that need to be discussed about the broker. But before we do that, we need to say that there was nothing too impressive with the broker. There were no highs that outweight the lows. Can jpmarkets be trusted? Yes, in terms of being a scam, we think that is highly unlikely, but should you go for them? Now that’s a different question.


In terms of their withdrawals, spreads of 2.4 pips and restricted trading platforms, we believe that jpmarkets ranks as a below average forex broker. In terms of safety and education we think that you won’t have to worry, but in terms of value, there are other south african forex brokers that offer better services for the same conditions. It’s also needed to be said that there was no variety in trading accounts.


The reputation of this broker is doubtful!


We do not trust this broker and do not recommend it to you.



Engaging with your clients simplified.


Consolidated everything an IB needs into a single experience


Ultra low
spreads


250+ trading
instruments


$10 minimum
deposit


Leverage
1:500


Immediate deposits
and withdrawals


24/5 email
support


Instruments


250+ instruments in the platform.


Desktop, tablet, mobile


Desktop, tablet, mobile and web based trading with metatrader 4 and metatrader 5


Automated trading platforms


A range of automated trading platforms and EA compatibility


Spreads offering


Competitive spreads offering


Client funds security


Client funds are held in segregated accounts for increased security


Multilingual languages


Trading website in more than 20 languages


Customer support


Connect through whatsapp


Whatsapp contact to reach customer support


Why trade with veracity markets?


Veracity markets is continuously working hard to become a major player in the online financial field, with a proven track record of positive customer satisfaction. Our key responsibility is to offer top-notch services to all our traders.


Trade anywhere
any time


Successful online trading depends on efficient and powerful trading technology. Veracity markets offers you the best trading platforms to get you into the market quicker and easier. You can access quality information and trading tools to help ensure you make educated trading decisions.


Choose your account type


standard account
initial deposit : $250
spreads : floating from 1.6 pips
commission : $0
leverage : 1:500
order volume (lots) : 0.01 - 250 (lot)
platforms : MT4
expert advisers : supported
maximum open positions : unlimited
execution: market
swap free: available
read full account terms & description here
open account

pro account
initial deposit : $250
spreads : floating from 2 pips
commission : $0
leverage : 1:500
order volume (lots) : 0.01 - 250 (lot)
platforms : MT4
expert advisors : supported
maximum open positions : unlimited
execution: market
swap free: available
read full account terms & description here
open account

ECN account
initial deposit : $250
spreads : floating from 0.00 pips
commission : $7 lot only FX & metals*
leverage : 1:500
order volume (lots) : 0.01 - 250 (lot)
platforms : MT4
expert advisers : supported
maximum open positions : unlimited
execution: market
swap free: not available
read full account terms & description here
open account

Access the world's top tradable assets


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Become a
just perfect trader
today and receive 100%
on your first deposit


Trade a broad range of markets


Discover hundreds of markets available to trade, with more to be added soon


Forex trading


Over 38 major, minor & exotic pairs


Cryptocurrencies


Trade a broad range of cryptocurrencies


Indices


9 globel indices available


Metals


Trade gold, silver, platinum & copper


Commodities


Oil, gas & agricultural commodities


Shares


Over 150 shares to choose from


Lorem ipsum dolor sit amet, consectetur adipiscing elit.


Start your trading with veracity markets in 4 simple steps:


Register


Verify


Trade


Trade


Helpdesk



  • Tel: +27 (0) 87 012 5545

  • Email: help@veracitymarkets.Com

  • Registered address: 1 energy lane, century city, 7441, south africa. Suite 305, griffith corporate centre,
    P.O. Box 1510, beachmont kingstown,
    st. Vincent and the grenadines. -->


Connect now:


Trading


Platforms


Partners


Promotions


Company



Veracity markets (pty) ltd is incorporated in south africa with registration number 2018/515174/07 and is a duly appointed juristic representative of nirvesh financial services (pty) ltd with registration number 2014/214417/07, which is an authorised financial services provider under the financial advisory and intermediary services act no 37 of 2002 – FSP4701. The website www.Veracitymarkets.Com is operated by veracity markets (pty) ltd based in south africa.


Clearing services


Veracity markets is an execution-only trading intermediary and makes use of regulated liquidity providers for clearing of its client trades.


High risk investment warning


Online trading consists of complex products that are traded on margin. Trading carries a high degree of risk. It is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent expert advice if necessary and speculate only with funds that you can afford to lose. Please think carefully whether such trading suits you, taking into consideration all the relevant circumstances as well as your personal resources. We do not recommend clients posting their entire account balance to meet margin requirements. Clients can minimise their level of exposure by requesting a change in leverage limit. For more information please refer to veracity markets risk disclosure.


Disclaimer


The content of this page is for information purposes only and it is not intended as a recommendation or advice. Any indication of past performance or simulated past performance included in advertisements published by veracity markets is not a reliable indicator of future results. The customer carries the sole responsibility for all the businesses or investments that are carried out at veracity markets.


Regional restrictions


The information provided by veracity markets is not directed or intended for distribution to or use by residents of certain countries or jurisdictions including, but not limited to, united kingdom, australia, belgium, france, iran, japan, north korea and USA. The company holds the right to alter the above lists of countries at its own discretion.


Responsible trading policy


When it comes to trading on veracity markets platforms and using its features, we encourage responsible behavior among all our users and traders. Our “responsible trading policy” calls on traders to protect themselves from emotional decision making that can result in unnecessary losses. This web page and its products are intended exclusively for legally adult use, given that current legislation anywhere in the world does not permit account onboarding, trading, advising, binding in a legal contract to those under 18 years of age.


Safety of funds


At veracity markets (PTY) LTD, the safety of your funds is paramount to our business activity. With this in mind, all client funds are held in a segregated account separate from the companies funds.


Refund policy


All the funds deposited with veracity markets is for the sole purpose of trading the financial markets on contract for difference. There is no physical delivery of any asset. The clients acknowledge that they incur profit or loss depending on the open and close price of the asset traded. Any funds deposited with veracity markets is the asset of the client and a liability on veracity markets. The client can request for a withdrawal of their unused funds held with veracity markets at anytime. Any funds lost while trading in financial markets with veracity markets is non-refundable and non-withdrawable.



JP markets review



JP markets


Leverage: 1:200


Regulation: FSB


Min. Deposit: -


HQ: south africa


Platforms: MT4, JPM app


Found in: 2016


JP markets licenses


JP markets SA (PTY) ltd - authorized by FSB (south africa) registration no. 46855


Top 3 forex brokers


FXTM review


GO markets review


FP markets review



  1. What is JP markets?

  2. Awards

  3. Is JP markets safe or a scam?

  4. Leverage

  5. Accounts

  6. Trading fees

  7. Market instruments

  8. Deposits and withdrawals

  9. Trading platform

  10. Customer support

  11. Education

  12. Conclusion


What is JP markets?


JP markets is a south african forex broker that initially started its operation since 2016 with a base on an extensive understanding of international financial markets. The main JP markets offering strives for the ability to engage in long-lasting relationships and trading capability, which inspires local and global traders to fruitful trading.


This is done in numerous ways, including investment into traders knowledge, which JP markets provides knowing that a successful trader is a knowledgeable trader.


Who is the owner of JP markets?


While main JP markets operations based throughout several countries across africa its main base is indeed south africa and the company that stands behind it located there as well. As an african hub of forex trading, yet broker’s proposal continuously grows beyond and further. So further in our JP markets review we will see its offering in detail and consider whether it is a good broker or not.


Proscons
founded in south africa and is recognized african brokerno 24/7 support
global industry awardsspread conditions are not clear
tight low spreadsthere are some negative responses from traders
ECN trading optionsome traders had negative experience with withdrawals
regulated by the FSP in south africa

JP Markets website


10 points summary

headquarterssouth africa
regulation and licenseFSB
platformsMT4
�� instrumentsforex, metals indices, futures and shares based on cfds
�� costs1.7 pips
�� demo accountavailable
�� minimum deposit0$
�� base currenciesUSD
�� educationvideo, analysis, webinars
☎ customer support24/5


Awards


JP Markets awards


Together with its dynamic trading recognition as one of the leading brokers in south africa also through numerous traders they gather, there are countless industry rewards that recognize both trading technology, service and conditions broker offers.


Is JP markets safe or a scam?


JP markets as an incorporated firm within south africa also is a fully approved broker by the financial services board is known as FSB. Therefore, JP markets trading offering is successfully authorized as an international financial service that is also compliant with safety measures and providing clients with transparent conditions.


Proscons
licensed and regulated by FSPnot listed in stock exchange
segregated fundssuspended license by FSB
authorized and regulated in south africa
professional indemnity insurance
negative balance protection

How south africans are protected?


Eventually, south africa shows the significant growth of the forex industry while more and more firms opening its branches or entities under its jurisdiction. JP markets, however, stands on a strong background of its incorporation while maintaining trading operations dedicated to offering the best possible trading opportunity.


In simple words, licensed and regulated by FSB regulatory obligations subject to a qualifying standard on how the broker operates serves trading conditions as well as maintains a number of other safety rules specifically towards money management and market integration. Thus, there is negative balance protection, traders funds segregation, the security of the highest level while all accompanied by the protection of the clients’ interests.


JP Markets license


Is JP markets license suspended?


However, there are some gossip stories around JP markets suspended license. Actually, it is the case as the broker was licensed by FSB but in 2019 regulator suspend a license without prior notice due to alleged violation towards clients. However, it was a mistake since the broker does not operate any longer the domain address that was accused in violation, therefore JP market record remains clear.


Leverage


Since JP markets is a south africa broker, the local regulations still allow high leverage ratios available even for retail traders. Eventually, this is one of the reasons south africa brokers, and JP markets respectively, gaining more popularity and growing further.


The maximum ratio offered by JP markets is



  • 1:500 which is mainly offered for professionals,

  • Retail traders may access ratios like 1:100 or 1:200



Nevertheless offered leverage and risk levels also vary according to the instrument specifications and each asset in particular you trade, so make sure to verify trading conditions as well.


Accounts


In addition to its numerous attractive benefits of JP markets offering, it is one of the rare brokers that proposes interest on trading accounts, which might be subject to a qualifying minimum balance.


Proscons
standard and ECN accountsnone
copy trading account
demo account
zero minimum deposit
interest on trading account balance

Account types


As for the trading account as an important part of our JP markets review, we discover two account types that are based either on STP execution with costs included into spread only, or ECN account with raw spread and commission charges.


Also, you can open an account for copy trading either copy trader or copy master may require additional authorization settings so that you will trade seamlessly.


JP Markets accounts


What are JP markets fees?


Another crucial point is to see fee terms and what exactly the costs which you will need to pay for trading service. There are flexible conditions offered by JP markets where also some of the attractive opportunities included too.


Proscons
options between standard fees based on spread and ECN account with a commissionspread conditions are not very clear
availability to trade through deep liquidity
low cryptocurrency and commodity fees

Our find on forex fees


JP markets spreads are variable and based on market conditions, which are also quite competitive spreads within the market offering, on average EUR/USD is about 2 pips for STP account. As we already mentioned, the ECN account will feature commission $10 per lot, which is a better option for professionals, yet available for all as per reference.


However, there are no clear information about spread conditions provided through the website, so we couldn’t see clear statistics on its spread.


Also, compare fees to another popular broker valbury capital.


Comparison between JP markets fees and similar brokers

asset/ pairJP markets feesFXTM feesavatrade fees
EUR USD1.7 pips1.5 pips1.3 pips
crude oil WTI5 pips9 pips3 pips
gold26940
BTC USD26200.75%
inactivity feeyesyesyes
deposit feenonono
fee rankingaverageaveragelow

Trading instruments


JP markets strives to bring trading conditions to international traders throughout its innovative trading benefits and access to trade forex, metals indices, futures and shares based on cfds.


Does JP markets allow capitec bank?


Yes, JP markets is even recommended for capitec bank as a leading local brokerage firm for forex, bitcoin and metal traders.


How does JP markets work?


JP markets operate on an STP basis meaning it provides traders with its trading platform and connecting your orders to the market through quotes received from its liquidity providers.


How to deposit funds to JP markets?


The last point within JP markets review is funding methods that will allow you to send money into your trading account.


Proscons
no minimum depositwithdrawals may take quite some time
great selection of deposit options supported including bitcoin and e-wallets
free of charge deposit and withdrawals

Deposit options


JP markets differs from many brokers, because the broker is authorized and licensed to accept local deposits from clients as well. There are vast deposit options including the following ones so there is no complication to fund your trading account.



  • Bank accounts with absa, FNB, standard bank and nedbank,

  • As well as multiple payment gateways like skrill also accepting bitcoin



Lastly, JP markets issue and made it available upon request its own JPM card operated as mastercard connected to your trading account, so you may seamlessly use all the benefits of debit card.


Minimum deposit


JP markets does not have a strict minimum deposit, so you may invest a suitable amount, which is great from all of the sides. However, JP markets recommend starting with around R3,000, which is around $200, as well as supports with great training and education materials super recommended for beginning traders.


Moreover, clients of JP markets enjoy complimentary access to some of the best forex training and mentorship at no charge.


JP Markets deposits


Withdrawals


JP markets does not mention charges for deposits or withdrawals, however, your bank or payment provider may waive some fees due to international policies, so you better check with the provider for its fees.


How long does it take to withdraw money from JP markets?


While the broker mentions that withdrawals are seamless and will take 1-2 business days, also according to its regulation, there are some evidence from the clients that withdrawals may take longer or investors had a negative experience with JP markets in this regard. So check it carefully with support before you sign.


Trading platforms


JP markets pioneered the offering by MT4 platform and quality trading execution with no requotes, no rejections and flexible trading conditions. The metatrader4 platform is today’s industry standard known for its innovative and powerful trading capabilities suitable either for retail investors to buy and sell currencies, as well as professionals.


Proscons
customer friendly designno proprietary platform
popular MT4 platform
good range of tools
clear look

Web trading


JP markets MT4 platform supports web trading of futures, indices, equities and other CFD transactions along with advanced charting features, technical analysis tools and automated trading. Of course, the platform is available in few versions so you may access trading from any device, including smartphones.


Mobile platform


However, JP market offers also its proprietary application JPM mobile app which is a super comfortable software allowing you to take control over your trading at any time.


JP Markets platform


Desktop platform


So besides trading markets in a manual or automatic way, you may also engage in social trading with copy trader or copy master accounts accessible via desktop platform. This means that you may copy master accounts and profit from trading without any knowledge or interruption just by a simple copy of orders. Or to gain extra exposure to the markets and management of bigger capitals by being a master trader.


How to place order?


JP Markets spread



Customer support


In terms of the customer support JP markets establish customer support service with a purpose to provide traders with relative answers and quality answers. You can contact the team within working hours through live chat, yet there are some client comments that did not get response or found it misleading.



Education


Actually, JP markets managed to maintain consistency in its record and trading service by providing expert advice through dedicated online trading courses and a huge amount of education materials. Also provide with research materials, videos, online courses, fundamental analysis, news feeds and of course you can use all the great research from metatrader available.


Proscons
learning materials availablenone
webinars, seminars and online courses
daily market outlook
research tools
trading ideas

JP Markets education


Conclusion


Overall, JP markets review brought us an understanding of brokers’ trading conditions and truly great education materials dedicated to make you a more knowledgeable trader. Together with its quite competitive trading conditions, there are options either to trade manually or to copy trades from the copy accounts, making investment opportunities better.


Besides and taking into consideration JP markets is a quite known brokerage is south africa and is recognized by international traders brand making our votes positive towards JP markets. In addition, the broker is constantly growing, expanding and making trading opportunities even better, which is another benefit for a long term investment.


Nevertheless, we found some negative responses and experiences with the broker as well, which could be at some point misleading about brokers professionalism. So we advise investors to do their comprehensive checking before open account with JP markets.


Let us know your personal opinion about JP markets, do not hesitate to share your thoughts or ask us for additional information if necessary in the comment area below.



Engaging with your clients simplified.


Consolidated everything an IB needs into a single experience


Ultra low
spreads


250+ trading
instruments


$10 minimum
deposit


Leverage
1:500


Immediate deposits
and withdrawals


24/5 email
support


Instruments


250+ instruments in the platform.


Desktop, tablet, mobile


Desktop, tablet, mobile and web based trading with metatrader 4 and metatrader 5


Automated trading platforms


A range of automated trading platforms and EA compatibility


Spreads offering


Competitive spreads offering


Client funds security


Client funds are held in segregated accounts for increased security


Multilingual languages


Trading website in more than 20 languages


Customer support


Connect through whatsapp


Whatsapp contact to reach customer support


Why trade with veracity markets?


Veracity markets is continuously working hard to become a major player in the online financial field, with a proven track record of positive customer satisfaction. Our key responsibility is to offer top-notch services to all our traders.


Trade anywhere
any time


Successful online trading depends on efficient and powerful trading technology. Veracity markets offers you the best trading platforms to get you into the market quicker and easier. You can access quality information and trading tools to help ensure you make educated trading decisions.


Choose your account type


standard account
initial deposit : $250
spreads : floating from 1.6 pips
commission : $0
leverage : 1:500
order volume (lots) : 0.01 - 250 (lot)
platforms : MT4
expert advisers : supported
maximum open positions : unlimited
execution: market
swap free: available
read full account terms & description here
open account

pro account
initial deposit : $250
spreads : floating from 2 pips
commission : $0
leverage : 1:500
order volume (lots) : 0.01 - 250 (lot)
platforms : MT4
expert advisors : supported
maximum open positions : unlimited
execution: market
swap free: available
read full account terms & description here
open account

ECN account
initial deposit : $250
spreads : floating from 0.00 pips
commission : $7 lot only FX & metals*
leverage : 1:500
order volume (lots) : 0.01 - 250 (lot)
platforms : MT4
expert advisers : supported
maximum open positions : unlimited
execution: market
swap free: not available
read full account terms & description here
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Become a
just perfect trader
today and receive 100%
on your first deposit


Trade a broad range of markets


Discover hundreds of markets available to trade, with more to be added soon


Forex trading


Over 38 major, minor & exotic pairs


Cryptocurrencies


Trade a broad range of cryptocurrencies


Indices


9 globel indices available


Metals


Trade gold, silver, platinum & copper


Commodities


Oil, gas & agricultural commodities


Shares


Over 150 shares to choose from


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Start your trading with veracity markets in 4 simple steps:


Register


Verify


Trade


Trade


Helpdesk



  • Tel: +27 (0) 87 012 5545

  • Email: help@veracitymarkets.Com

  • Registered address: 1 energy lane, century city, 7441, south africa. Suite 305, griffith corporate centre,
    P.O. Box 1510, beachmont kingstown,
    st. Vincent and the grenadines. -->


Connect now:


Trading


Platforms


Partners


Promotions


Company



Veracity markets (pty) ltd is incorporated in south africa with registration number 2018/515174/07 and is a duly appointed juristic representative of nirvesh financial services (pty) ltd with registration number 2014/214417/07, which is an authorised financial services provider under the financial advisory and intermediary services act no 37 of 2002 – FSP4701. The website www.Veracitymarkets.Com is operated by veracity markets (pty) ltd based in south africa.


Clearing services


Veracity markets is an execution-only trading intermediary and makes use of regulated liquidity providers for clearing of its client trades.


High risk investment warning


Online trading consists of complex products that are traded on margin. Trading carries a high degree of risk. It is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent expert advice if necessary and speculate only with funds that you can afford to lose. Please think carefully whether such trading suits you, taking into consideration all the relevant circumstances as well as your personal resources. We do not recommend clients posting their entire account balance to meet margin requirements. Clients can minimise their level of exposure by requesting a change in leverage limit. For more information please refer to veracity markets risk disclosure.


Disclaimer


The content of this page is for information purposes only and it is not intended as a recommendation or advice. Any indication of past performance or simulated past performance included in advertisements published by veracity markets is not a reliable indicator of future results. The customer carries the sole responsibility for all the businesses or investments that are carried out at veracity markets.


Regional restrictions


The information provided by veracity markets is not directed or intended for distribution to or use by residents of certain countries or jurisdictions including, but not limited to, united kingdom, australia, belgium, france, iran, japan, north korea and USA. The company holds the right to alter the above lists of countries at its own discretion.


Responsible trading policy


When it comes to trading on veracity markets platforms and using its features, we encourage responsible behavior among all our users and traders. Our “responsible trading policy” calls on traders to protect themselves from emotional decision making that can result in unnecessary losses. This web page and its products are intended exclusively for legally adult use, given that current legislation anywhere in the world does not permit account onboarding, trading, advising, binding in a legal contract to those under 18 years of age.


Safety of funds


At veracity markets (PTY) LTD, the safety of your funds is paramount to our business activity. With this in mind, all client funds are held in a segregated account separate from the companies funds.


Refund policy


All the funds deposited with veracity markets is for the sole purpose of trading the financial markets on contract for difference. There is no physical delivery of any asset. The clients acknowledge that they incur profit or loss depending on the open and close price of the asset traded. Any funds deposited with veracity markets is the asset of the client and a liability on veracity markets. The client can request for a withdrawal of their unused funds held with veracity markets at anytime. Any funds lost while trading in financial markets with veracity markets is non-refundable and non-withdrawable.



JP markets review



JP markets


Leverage: 1:200


Regulation: FSB


Min. Deposit: -


HQ: south africa


Platforms: MT4, JPM app


Found in: 2016


JP markets licenses


JP markets SA (PTY) ltd - authorized by FSB (south africa) registration no. 46855


Top 3 forex brokers


FXTM review


GO markets review


FP markets review



  1. What is JP markets?

  2. Awards

  3. Is JP markets safe or a scam?

  4. Leverage

  5. Accounts

  6. Trading fees

  7. Market instruments

  8. Deposits and withdrawals

  9. Trading platform

  10. Customer support

  11. Education

  12. Conclusion


What is JP markets?


JP markets is a south african forex broker that initially started its operation since 2016 with a base on an extensive understanding of international financial markets. The main JP markets offering strives for the ability to engage in long-lasting relationships and trading capability, which inspires local and global traders to fruitful trading.


This is done in numerous ways, including investment into traders knowledge, which JP markets provides knowing that a successful trader is a knowledgeable trader.


Who is the owner of JP markets?


While main JP markets operations based throughout several countries across africa its main base is indeed south africa and the company that stands behind it located there as well. As an african hub of forex trading, yet broker’s proposal continuously grows beyond and further. So further in our JP markets review we will see its offering in detail and consider whether it is a good broker or not.


Proscons
founded in south africa and is recognized african brokerno 24/7 support
global industry awardsspread conditions are not clear
tight low spreadsthere are some negative responses from traders
ECN trading optionsome traders had negative experience with withdrawals
regulated by the FSP in south africa

JP Markets website


10 points summary

headquarterssouth africa
regulation and licenseFSB
platformsMT4
�� instrumentsforex, metals indices, futures and shares based on cfds
�� costs1.7 pips
�� demo accountavailable
�� minimum deposit0$
�� base currenciesUSD
�� educationvideo, analysis, webinars
☎ customer support24/5


Awards


JP Markets awards


Together with its dynamic trading recognition as one of the leading brokers in south africa also through numerous traders they gather, there are countless industry rewards that recognize both trading technology, service and conditions broker offers.


Is JP markets safe or a scam?


JP markets as an incorporated firm within south africa also is a fully approved broker by the financial services board is known as FSB. Therefore, JP markets trading offering is successfully authorized as an international financial service that is also compliant with safety measures and providing clients with transparent conditions.


Proscons
licensed and regulated by FSPnot listed in stock exchange
segregated fundssuspended license by FSB
authorized and regulated in south africa
professional indemnity insurance
negative balance protection

How south africans are protected?


Eventually, south africa shows the significant growth of the forex industry while more and more firms opening its branches or entities under its jurisdiction. JP markets, however, stands on a strong background of its incorporation while maintaining trading operations dedicated to offering the best possible trading opportunity.


In simple words, licensed and regulated by FSB regulatory obligations subject to a qualifying standard on how the broker operates serves trading conditions as well as maintains a number of other safety rules specifically towards money management and market integration. Thus, there is negative balance protection, traders funds segregation, the security of the highest level while all accompanied by the protection of the clients’ interests.


JP Markets license


Is JP markets license suspended?


However, there are some gossip stories around JP markets suspended license. Actually, it is the case as the broker was licensed by FSB but in 2019 regulator suspend a license without prior notice due to alleged violation towards clients. However, it was a mistake since the broker does not operate any longer the domain address that was accused in violation, therefore JP market record remains clear.


Leverage


Since JP markets is a south africa broker, the local regulations still allow high leverage ratios available even for retail traders. Eventually, this is one of the reasons south africa brokers, and JP markets respectively, gaining more popularity and growing further.


The maximum ratio offered by JP markets is



  • 1:500 which is mainly offered for professionals,

  • Retail traders may access ratios like 1:100 or 1:200



Nevertheless offered leverage and risk levels also vary according to the instrument specifications and each asset in particular you trade, so make sure to verify trading conditions as well.


Accounts


In addition to its numerous attractive benefits of JP markets offering, it is one of the rare brokers that proposes interest on trading accounts, which might be subject to a qualifying minimum balance.


Proscons
standard and ECN accountsnone
copy trading account
demo account
zero minimum deposit
interest on trading account balance

Account types


As for the trading account as an important part of our JP markets review, we discover two account types that are based either on STP execution with costs included into spread only, or ECN account with raw spread and commission charges.


Also, you can open an account for copy trading either copy trader or copy master may require additional authorization settings so that you will trade seamlessly.


JP Markets accounts


What are JP markets fees?


Another crucial point is to see fee terms and what exactly the costs which you will need to pay for trading service. There are flexible conditions offered by JP markets where also some of the attractive opportunities included too.


Proscons
options between standard fees based on spread and ECN account with a commissionspread conditions are not very clear
availability to trade through deep liquidity
low cryptocurrency and commodity fees

Our find on forex fees


JP markets spreads are variable and based on market conditions, which are also quite competitive spreads within the market offering, on average EUR/USD is about 2 pips for STP account. As we already mentioned, the ECN account will feature commission $10 per lot, which is a better option for professionals, yet available for all as per reference.


However, there are no clear information about spread conditions provided through the website, so we couldn’t see clear statistics on its spread.


Also, compare fees to another popular broker valbury capital.


Comparison between JP markets fees and similar brokers

asset/ pairJP markets feesFXTM feesavatrade fees
EUR USD1.7 pips1.5 pips1.3 pips
crude oil WTI5 pips9 pips3 pips
gold26940
BTC USD26200.75%
inactivity feeyesyesyes
deposit feenonono
fee rankingaverageaveragelow

Trading instruments


JP markets strives to bring trading conditions to international traders throughout its innovative trading benefits and access to trade forex, metals indices, futures and shares based on cfds.


Does JP markets allow capitec bank?


Yes, JP markets is even recommended for capitec bank as a leading local brokerage firm for forex, bitcoin and metal traders.


How does JP markets work?


JP markets operate on an STP basis meaning it provides traders with its trading platform and connecting your orders to the market through quotes received from its liquidity providers.


How to deposit funds to JP markets?


The last point within JP markets review is funding methods that will allow you to send money into your trading account.


Proscons
no minimum depositwithdrawals may take quite some time
great selection of deposit options supported including bitcoin and e-wallets
free of charge deposit and withdrawals

Deposit options


JP markets differs from many brokers, because the broker is authorized and licensed to accept local deposits from clients as well. There are vast deposit options including the following ones so there is no complication to fund your trading account.



  • Bank accounts with absa, FNB, standard bank and nedbank,

  • As well as multiple payment gateways like skrill also accepting bitcoin



Lastly, JP markets issue and made it available upon request its own JPM card operated as mastercard connected to your trading account, so you may seamlessly use all the benefits of debit card.


Minimum deposit


JP markets does not have a strict minimum deposit, so you may invest a suitable amount, which is great from all of the sides. However, JP markets recommend starting with around R3,000, which is around $200, as well as supports with great training and education materials super recommended for beginning traders.


Moreover, clients of JP markets enjoy complimentary access to some of the best forex training and mentorship at no charge.


JP Markets deposits


Withdrawals


JP markets does not mention charges for deposits or withdrawals, however, your bank or payment provider may waive some fees due to international policies, so you better check with the provider for its fees.


How long does it take to withdraw money from JP markets?


While the broker mentions that withdrawals are seamless and will take 1-2 business days, also according to its regulation, there are some evidence from the clients that withdrawals may take longer or investors had a negative experience with JP markets in this regard. So check it carefully with support before you sign.


Trading platforms


JP markets pioneered the offering by MT4 platform and quality trading execution with no requotes, no rejections and flexible trading conditions. The metatrader4 platform is today’s industry standard known for its innovative and powerful trading capabilities suitable either for retail investors to buy and sell currencies, as well as professionals.


Proscons
customer friendly designno proprietary platform
popular MT4 platform
good range of tools
clear look

Web trading


JP markets MT4 platform supports web trading of futures, indices, equities and other CFD transactions along with advanced charting features, technical analysis tools and automated trading. Of course, the platform is available in few versions so you may access trading from any device, including smartphones.


Mobile platform


However, JP market offers also its proprietary application JPM mobile app which is a super comfortable software allowing you to take control over your trading at any time.


JP Markets platform


Desktop platform


So besides trading markets in a manual or automatic way, you may also engage in social trading with copy trader or copy master accounts accessible via desktop platform. This means that you may copy master accounts and profit from trading without any knowledge or interruption just by a simple copy of orders. Or to gain extra exposure to the markets and management of bigger capitals by being a master trader.


How to place order?


JP Markets spread



Customer support


In terms of the customer support JP markets establish customer support service with a purpose to provide traders with relative answers and quality answers. You can contact the team within working hours through live chat, yet there are some client comments that did not get response or found it misleading.



Education


Actually, JP markets managed to maintain consistency in its record and trading service by providing expert advice through dedicated online trading courses and a huge amount of education materials. Also provide with research materials, videos, online courses, fundamental analysis, news feeds and of course you can use all the great research from metatrader available.


Proscons
learning materials availablenone
webinars, seminars and online courses
daily market outlook
research tools
trading ideas

JP Markets education


Conclusion


Overall, JP markets review brought us an understanding of brokers’ trading conditions and truly great education materials dedicated to make you a more knowledgeable trader. Together with its quite competitive trading conditions, there are options either to trade manually or to copy trades from the copy accounts, making investment opportunities better.


Besides and taking into consideration JP markets is a quite known brokerage is south africa and is recognized by international traders brand making our votes positive towards JP markets. In addition, the broker is constantly growing, expanding and making trading opportunities even better, which is another benefit for a long term investment.


Nevertheless, we found some negative responses and experiences with the broker as well, which could be at some point misleading about brokers professionalism. So we advise investors to do their comprehensive checking before open account with JP markets.


Let us know your personal opinion about JP markets, do not hesitate to share your thoughts or ask us for additional information if necessary in the comment area below.



JP markets vélemény


Összefoglalás


Vélemények


Információk a számláról


Kereskedési feltételek


Cégadatok


Befizetési és kivételi módok


Támogatott platformok a(z) JP markets brókercégnél


AvaTrade HU


easyMarkets



  • Alacsony minimális letét

  • Gyors és ingyenes pénzfelvétel

  • Nagyszerű ügyfélszolgálat


Ossza meg tudását


Kiemelt brókerek


Legal Entity Identifier


Tagság pénzügyi szervezetekben


A fxscouts anyavállalatunk, a schlossbrink AB részeként a teljes jogú tagja: :


Global legal entity identifier foundation (GLEIF)


Tagsági szám: 254900LUG07G07A31U72 - mert osztjuk a befektetéseket kezelő jogi személyek azonosításával (LEI) kapcsolatosan a hatékonyság, az átláthatóság és a bizalom értékeit. Pénzügyi szakemberként a LEI a legmagasabb standard.


Kockázati figyelmeztetés


A tőkeáttételes termékek, például a forex és a CFD kereskedés nem minden befektető számára lehet megfelelő, mivel ezek nagyban kockáztatják a tőkét.


Nagyon fontos, hogy ne kereskedjen olyan pénzzel, amelynek elvesztését nem engedheti meg magának, mert függetlenül attól, hogy mennyi kutatást végzett, vagy mennyire magabiztos a kereskedésben, mindig lesz olyan eset, amikor veszít.


© SZERZŐI JOGOK FXSCOUTS VEZETŐ FOREX BRÓKEREINEK ÖSSZEHASONLÍTÓ HONLAPJA



Metatrader 4


The best forex trading platform


Metatrader 4 offers the leading trading and analytical technologies, as well as additional services. It has everything you need for forex trading.


Analyze quotes of financial instruments using interactive charts and technical indicators


Flexible trading system and support for all order types allow you to implement any strategy


Examine currency quotes from various perspectives with more than 65 built-in technical indicators and analytical objects


Copy deals of successful traders directly in the platform using the trading signals service (social trading)


Trading alerts will notify you of favorable market conditions


Visit the market — the biggest online store of trading robots and technical indicators


Test any trading robot in the market before purchasing it


Purchase or rent a market product the way you like


Read the product description in the market before purchasing it


Thousands of free robots and indicators are published in the code base and ready to be downloaded


Maintain total control of your assets


Trading robots and indicators are developed using the specialized metaeditor tool


Customize the chart appearance


Order the virtual hosting at a reasonable price directly from the platform


Test robots in visual mode to better understand their trading algorithms


A trading robot test report will show you how good it is


Browse through the quotes of any currency pair from one minute to one month in the history center


Your metatrader 4 desktop platform is integrated with the metatrader 4 mobile application for android and ios. Specify your metaquotes ID to receive push notifications from launched trading robots and scripts directly to your smartphone


Join the largest community of traders directly via your platform!


Receive useful information and hints from the metatrader 4 developers in mailbox section


The metatrader 4 trading system


The powerful metatrader 4 trading system allows you to implement strategies of any complexity.


The market and pending orders, instant execution and trading from a chart, stop orders and trailing stop, a tick chart and trading history — all these tools are at your disposal.


With metatrader 4, trading becomes flexible and convenient.



  • 3 execution modes

  • 2 market orders

  • 4 pending orders

  • 2 stop orders and a trailing stop



The metatrader 4 analytics


Analytical functions are one of the metatrader 4 platform's strongest points.


Online quotes and interactive charts with 9 periods allow you to examine quotes in all the details quickly responding to any price changes.


23 analytical objects and 30 built-in technical indicators greatly simplify this task. However, they are only the tip of the iceberg.


The free code base and built-in market provide thousands of additional indicators rising the amount of analytical options up to the sky. If there is a movement in the market, you have the analytical tools to detect it and react in a timely manner.



  • Interactive charts

  • 9 timeframes

  • 23 analytical objects

  • 30 technical indicators



Trading signals and copy trading


No time for trading? That is not a problem, since metatrader 4 can automatically copy deals of other traders. Select your provider, subscribe to a signal and let your terminal copy the provider's trades.


Thousands of free and paid signals with various profitability and risk levels working on demo and real accounts are at your fingertips.


Make your choice, and metatrader 4 will trade for you.



  • Thousands of providers

  • Thousands of trading strategies

  • Any trading conditions



The metatrader market


The built-in market is the best place to find an expert advisor or a newest technical indicator.


Buy any of the hundreds of trading robots or indicators and launch them without leaving the platform. The purchase is simple, transparent and secure.



  • The widest selection of trading applications in the world

  • 1 700+ trading robots and 2 100+ technical indicators

  • Free and commercial products



Algorithmic trading


Almost any trading strategy can be formalized and implemented as an expert advisor, so that it automatically does all the work for you. A trading robot can control both trading and analytics freeing you from the routine market analysis.


Metatrader 4 provides the full-fledged environment for the development, testing and optimizing algorithmic/automated trading programs.


You can use your own application in trading, post it in the free code library or sell in the market.



  • The MQL4 language of trading strategies

  • Metaeditor

  • Strategy tester

  • Library of free trading robots



Mobile trading


Smartphones and tablets are indispensable in trading when you are away from your computer.


Use the mobile versions of metatrader 4 on your iphone/ipad and android devices to trade in the financial markets.


You will certainly appreciate the functionality of the mobile trading platforms that include the full support for the trading functions, broad analytical capabilities with technical indicators and other graphical objects. Of course, all these features are available from anywhere in the world 24 hours a day.



  • Support for ios and android OS

  • Full set of trading orders

  • Analytics and technical indicators



Alerts and financial news


The latest financial news allows you to prepare for unexpected price movements and make the right trading decisions.


Alerts inform you about certain events, so that you can take appropriate measures.



  • Current financial information

  • Timely notification

  • Different market conditions






so, let's see, what was the most valuable thing of this article: jpmarkets is a south african forex broker offering various trading assets to trade. Their ranking is somewhere below average, for their lack of variety. At jpmarkets bonus

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