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JP Markets -Overview of Minimum Deposit, Spreads & Leverage

JP Markets | 2024-02-05 21:12

Sommario:JP Markets was registered in South Africa, offering trading on forex, stocks, indices, commodities with leverage up to 1:2000 and spread from 0.5 pips on MT5. The minimum deposit requirement is R100. However, it does not provide services for residents in certain areas.

JP MarketsReview Summary
Founded2016
Registered Country/RegionSouth Africa
RegulationFSCA (Exceeded)
Market Instrumentsforex, stocks, indices, commodities
Demo Account/
LeverageUp to 1:2000
Spreadfrom 0.5 pips
Trading PlatformMT5
Minimum DepositR100
Customer SupportLive chat, Contact form, 24/5 customer support
Tel:+27 21 045 1333
Email:support@jpmarkets.co.za
Address: No.4 Century Falls Road, Century City, Cape Town, 7441
Facebook, X, Instagram, LinkedIn, WhatsApp, YouTube, Tiktok
Regional RestrictionsOnly offers services in South Africa, Namibia, Swaziland and Lesotho

JP Markets Information

JP Markets was registered in South Africa, offering trading on forex, stocks, indices, commodities with leverage up to 1:2000 and spread from 0.5 pips on MT5. The minimum deposit requirement is R100. However, it does not provide services for residents in certain areas.

JP Markets Information

Pros and Cons

Pros Cons
Live chat supportNo MT4 platform
Various contact channelsWith regional restrictions
MT5 platformLicense exceeded
Islamic account available
Five types of payment options
Various account choices

Is JP Markets Legit?

Yes. JP Markets is licensed by FSCA with license number 46855 offering services.

Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
Financial Sector Conduct Authority (FSCA)ExceededJP MARKETS SA (PTY) LTDFinancial Service Corporate46855
license

What Can I Trade on JP Markets?

JP Markets offers trading on forex, stocks, indices, commodities.

Tradable Instruments Supported
Forex✔
Stocks✔
Indices ✔
Commodities✔
Bonds❌
Cryptos❌
Futures❌
Options❌
ETFs❌
assets

Account Type

JP Markets offers VIP accounts, JPM Micro 300 accounts, Premium accounts, Zero Stop-Out accounts, JPM Bonus 300 accounts and 25% Drawdown Bonus account. Besides, it also offers an Islamic Account.

Account TypeMinimum DepositCurrency
VIPR5000USD ZAR
JPM Micro 300R100USD ZAR
PremiumR100USD ZAR
IslamicR100USD ZAR
Zero Stop-OutR100USD ZAR
JPM Bonus 300R100USD ZAR
25% Drawdown BonusR100USD ZAR
Account Type

Leverage

JP Markets offers flexible leverage options, varying by account type. However, high leverage can amplify both profits and losses.

Account TypeMaximum Leverage
VIP1:500
JPM Micro 3001:500
Premium1:2000
Islamic1:500
Zero Stop-Out1:500
JPM Bonus 3001:500
25% Drawdown Bonus1:500

JP Markets Fees

Account TypeCommissionsSpreads
VIP$3From 0.5 pips
JPM Micro 300NoFrom 3 pips
PremiumNoFrom 1 pips
IslamicNoFrom 1.5 pips
Zero Stop-OutNoFrom 3 pips
JPM Bonus 300NoFrom 2 pips
25% Drawdown BonusNoFrom 2 pips

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5✔PC, Web, MobileExperienced trader
MT4❌/Beginners
Trading Platform

Deposit and Withdrawal

JP Markets accepts payments like Capitec Pay, OZOW, Paystack, Skrill, Alphapo. It does not provide information on fees related to deposits and withdrawals.

Deposit and Withdrawal

LeverageCommissionBrokerCurrency PairDealer

Broker correlato

Overrun
JP Markets
nome dell'azienda:JP Markets SA (Pty) Ltd
Punteggio
4.44
Sito ufficiale:https://www.jpmarkets.co.za
5-10 anni | Regolamentato in Sud Africa | Servizio finanziario aziendale | Etichetta principale MT5
Punteggio
4.44

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