JP Markets Review 2021

JP Markets is an award-winning South African Forex and CFD broker.

JP Markets is a multiple award-winning broker that provides access to Forex CFDs, indices, stocks, commodities, cryptocurrencies. JP Markets allows traders to use the MetaTrader4 trading platform, but unfortunately not MetaTrader5 at this point.

In terms of features offered to traders, JP Markets has Demo Accounts but is missing Islamic Accounts, Social Trading, Signals and Auto Trading.

JP Markets also gives traders access to 4 cryptocurrencies: BTC, LTC, ETH and XRP.

JP Markets is regulated, but not by the FCA here in the UK. While this is not necessarily an issue, very careful traders might want the extra safety of using an FCA-regulated broker.

JP Markets Summary

JP Markets is an award-winning South African Forex and CFD broker.

Ratings

50%
Trust
83%
Instruments
28%
Features
BonusNone
InstrumentsForex CFDs, indices, stocks, commodities, cryptocurrencies
Demo Account
Min. DepositNo minimum
Min. Trade0.01 lots
Regulated ByFSB
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps
Auto Trading
Trade Signals
Social Trading
Copy Trading
Islamic Account

CFD Trading

Leverage1:200
FTSE Spread19 pips
GBPUSD Spread2.4 pips
Oil Spread10 pips
Stocks SpreadFrom 0.7 pips

Forex Trading

30 currency pairs are available to trade

GBPUSD Spread2.4 pips
EURUSD Spread2 pips
EURGBP Spread2.4 pips
Assets30

Cryptocurrency Trading

Trading is available on just four popular crypto pairs

SpreadVariable
CoinsBTC, LTC, ETH, XRP

Binary Options Trading

Payout Percent

Payment Methods

JP Markets accepts the following payment methods:

  • Skrill
  • Credit Card

Awards

JP Markets is a multiple award-winning broker, with 4 awards received so far.

  • South Africa’s Best Broker 2019 - Global Business Outlook
  • South Africa’s Fastest Growing Broker 2019 - International Finance
  • The Most Transparent Broker 2019 - The European
  • Forex CEO of the year South Africa 2020 - International Business Magazine
Risk Warning – Your capital is at risk

FAQ

Is JP Markets Safe?

Yes, most likely, as we gave JP Markets a trust score of 50% in this review. The main negative factor in this score is that JP Markets is not FCA regulated. However, very careful traders might want to find an alternative in our top list of UK brokers.

Does JP Markets Accept PayPal?

No, JP Markets does not accept PayPal payments.

Is JP Markets Halal?

Probably not, as JP Markets does not offer an Islamic trading account as far as we know. For alternatives, please see the list of halal brokers.

What trading platforms does JP Markets support?

JP Markets only supports the MetaTrader 4 trading platform at this time.

Is JP Markets Regulated?

Yes, JP Markets is regulated by FSB.

The fact that JP Markets is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for alternatives.

JP Markets vs Other Brokers

If you want to compare JP Markets with other brokers, use the detailed comparisons below.

JP Markets vs
JP Markets is an award-winning South African Forex and CFD broker.