Broker Review

jpmarkets.co.za Review – Should traders trust this broker?

About JP Markets

JP Markets is an interesting online trading brand that’s authorized by the Financial Sector Conduct Authority of South Africa. It has operated in the field of retail trading for several years and during this period received several important awards.

“South Africa’s Best Broker 2019” and “South Africa’s Fastest Growing Broker 2019” are just two of them. Since traders benefit from regulatory compliance, that leads to professional conditions in terms of financial security and transparency. In case JP Markets is not a familiar broker for you, then our review should act as a valuable source of information. 

JP Markets logo

Account types

One of the first things to note is that JP Markets is a multi-asset brokerage where traders have access to FX, stocks, indices and commodities. Conditions are diverse and depend mainly on your account types, alongside what instruments you want to trade online. 

As a testimony that it caters to the needs of a wide audience, the company created several accounts. Standard, Premium, VIP and Islamic accounts come with different requirements in terms of deposits, and also, carry multiple benefits. 

If you want to start small, the Standard account is the entry point into the ecosystem designed by JP Markets. You only need to deposit R100 and then you can trade with spreads starting from 1.5 pips, no commissions, and up to 1:2000 leverage. 

Traders need to know that the broker charges commissions only for VIP accounts, where they benefit from ECN conditions (tighter spreads + commission per trade). Since this is a safe online trading brand, you don’t need to worry about financial security. There are multiple payment methods you can use to make deposits or request withdrawals. 

JP Markets payment solutions

JP Markets and MetaTrader 5

The overall trading experience should not just be rewarding, but also pleasing. Traders want to feel that the platform they use is well-equipped and can meet their requirements flexibly. To make sure that actually happens, JP Markets decided to integrate the popular MetaTrader 5 platform.

This solution comes in versions for multiple devices, facilitating trading not just at your desk, but from any other location as well. MT5 has an extensive list of analysis tools and supports the usage of Expert Advisors. 

JP Markets and MetaTrader 5

Support 

You have plenty of options when contacting a JP Markets representative. The customer support is available via different channels, including email, phone, WhatsApp and the responsive live chat feature. 

That chat is the ideal option because users typically receive an answer within 2 minutes during working hours. Also, if your issue is common, the FAQs section might also be helpful. 

Bottom line 

Users interested in online trading have multiple reasons to consider working with JP Markets. This regulated and transparent brand is able to provide you with tailored conditions and support, based on your personalized needs. At the same time, the infrastructure is secure because it all started with the customer in mind. By embracing that approach, JP Markets managed to consistently exceed expectations over the years. 

Disclaimer

JP Markets SA (Pty) Ltd is an authorized Financial Services provider (FSP) and Over-the-Counter Derivatives Provider (ODP).

jpmarkets Overview
jpmarkets

Product Name: jpmarkets

Product Description: JP Markets is an interesting online trading brand that’s authorized by the Financial Sector Conduct Authority of South Africa. It has operated in the field of retail trading for several years and during this period received several important awards.

Brand: jpmarkets

  • Trading Platform
  • Assets
  • Accounts
  • Customer Satisfaction
4.8

Summary

Users interested in online trading have multiple reasons to consider working with JP Markets. This regulated and transparent brand is able to provide you with tailored conditions and support, based on your personalized needs. At the same time, the infrastructure is secure because it all started with the customer in mind.