A trading account is an essential tool for trading in financial markets. It serves as the gateway for individuals and organizations to participate in buying and selling various financial assets in trading platform. In this article, we've prepared a guide about the types of accounts and the tools we offer at JustMarkets.
- Standard: offers a basic set of tools, tight spreads starting from 0.3 pips, and no commissions. Stop-Loss and Take-Profit can be set when opening an order or afterward. It is used for trading on daily charts and non-aggressive intraday trading.
- Pro: tailored for experienced and professional financial market participants. It offers narrow spreads from 0.1 pips, high leverage, a lack of commission, and no restrictions on the number of orders and volume. The main advantage is a wide range of trading instruments: more than 60 currency pairs, indices, metals, and commodities.
- Raw Spread: popular type among traders who prefer intraday, frequent inputs and outputs in combination with work on short time frames. It is considered the best for scalpers. While there is a trading commission of $3 per lot/side, the Spread is floating from 0.0 pips, significantly lower than other accounts.
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Standard Cent: it is designed for traders-beginners. If the demo trading is left behind, but you are still not ready to deposit much, the Standard Cent account is a perfect option for you. The balance on this trading account is measured in cents.
With JustMarkets, you can open both MT4 (Cent can be opened only for MT4) and MT5 trading accounts.
MetaTrader 4
This platform type is suitable for beginners because it is simple, logical, and intuitive. Recognized for its user-friendly interface, MT4 provides all the essential tools for comfortable and practical trading. It offers a comprehensive suite of features, including various technical analysis tools and advanced charting capabilities.
It includes:
- 9 Time frames.
- 31 Graphical Objects.
- 30 Technical Indicators.
- Single-thread strategy tester.
- Buy/sell stop orders, buy/sell limit orders.
MetaTrader 5
This platform type represents the latest improvement in trading platform technology. MT5 includes more sophisticated and powerful tools for advanced traders and beginners looking for expanded functionalities. It also provides access to a wider range of markets, including stocks and commodities.
It includes:
- 21 Time frames.
- 44 Graphical Objects.
- 38 Technical Indicators.
- Multi-thread strategy tester.
- Buy/sell stop orders, buy/sell limit orders, buy/sell stop limit orders.
- Economic Calendar.
- Community Chat.
Real account: this type is created for real trading deals with real money.
Demo account: this type is tailored for educational purposes. It looks and works completely the same as a real one. But you operate virtual money and have no risks.
In order to login to MetaTrader platform, you will need to use your trading account number as a login, the correct server name, and the trading account password (it is entered by you manually when you create a new trading account).
Follow these simple steps to log in to your trading account on the web:
- Log in to the Personal Area.
- Open the "My Accounts" page.
- Next to the trading account, click "Trade."
- You will be redirected to the WebTrader page.
- Enter the login (trading account number), password and select the correct server.
To log in to the MetaTrader desktop version or mobile application, follow this instruction.
All account details are located in your Personal Area and can be checked anytime:
- Go to the "My accounts" tab in your Personal Area.
- Click three dots on the right side of the screen, next to the "Trade" button.
- Select Account details.
- You will see all the information about your trading account such as account number, server name, type of the account and currency, leverage, your current balance, equity, and free margin.
Our MT4 trading server addresses:
For real accounts
- JustMarkets-Live.
- JustMarkets-Live2.
- JustMarkets-Live3.
- JustMarkets-Live4.
- JustMarkets-Live5.
For demo accounts
- JustMarkets-Demo
Our MT5 trading server addresses:
For real accounts
- JustMarkets-Live
For demo accounts
- JustMarkets-Demo
Note: The server doesn't impact an account's trading conditions, but server diversification allows us to reduce latency for all accounts.
Real and Demo trading accounts are automatically archived after a predetermined period of inactivity and cannot be restored:
- Real accounts: No open trades and zero (or less) balance, no trading activity on the account for 90 days (MT4) and for 60 days (MT5).
- Demo accounts: No login to the account for 45 days (MT4) or no trading activity (including no open trades) for 14 days (MT5).
However, there is nothing to worry about because JustMarkets allows the opening of unlimited accounts. So you will be able to create a new one.