Just2Trade, a foreign exchange brokerage firm located in the United States, is known to offer stocks and options trading through advanced platforms and applications. It has been in service for quite a long time already as it was established back in 2007 by a company called WhoTrades Inc. With more than one decade of experience in providing financial solutions, it managed to gain tight market traction partly from its flagship feature called Try2BFunded. This unique, and oftentimes dubbed as a revolutionary feature allows clients to receive a funded account directly from the firm should their accounts reach certain profit benchmarks.
Apart from that, its competitive pricing and powerful trade execution put Just2Trade ahead of other market-maker type of broker. It also takes pride in its fully automated structure since it offers copy and social trading. Subscribing to this broker will grant clients access to top traders and winning strategies, all available through a feature called “NovoAdvisor”. With the aforementioned features, Just2Trade is inarguably a broker that will pique the interest of traders in search of an optimal platform. Below are its other specifications.
Just2Trade developed its own proprietary trading platform. With this, traders are given access to a wide selection of financial instruments including stocks, exchange-traded funds, and options. It also offers bonds and mutual trading, but these may only be utilized using external systems. For those who want to trade these, they may contact the broker and request for a set of third-party platform such as Sterling Trader Pro, CQG Trader, OEC Trader, and the iBroker mobile app.
Going back to its own platform, it is highly praised for its sleek and user-friendly design. The desktop version has an intuitive and a highly organized interface that projects portfolio holdings, performance, total profit, total loss, market data, and other charting tools. A one-interface feature is also available where clients may observe several charts on a single screen.
Regulation and Licensing
Clients are guaranteed that all operations and transactions conducted by Just2Trade are legitimate, secured, and reliable. Since this broker is registered under the Securities and Exchange Commission, it underwent and passed intensive inspections set by the said authority. More so, it is a certified member of the Financial Industry Regulatory Authority (FINRA), Securities Investor Protection Corporation (SIPC), and National Futures Association (NFA).
Just2Trade Account Selection
Just2Trade’s account selection holds one of the largest choices as it offers 13 type of accounts. These are all specifically wired according to traders’ financial need and with this, they may select which one suits their trading structure best.
- Joint with Rights of Survivorship
- Joint with Tenants in Common
- Traditional IRA
- Roth IRA
- SEP IRA
- Limited Liability
- Sole Proprietorship
Each account has specific requirements. For the starter package under the Per-trade plan, interested parties must have a minimum deposit of $2,500. The accounts for futures trading have a minimum deposit of $2,500, and clients need to maintain $100 to keep them active. All the aforementioned accounts are available for U.S—based clients and other select citizenship. However, clients from non-U.S. jurisdictions including Afghanistan, Cuba, Guyana, Iran, Iraq, North Korea, Syria, and Yemen are prohibited from opening an account with Just2Trade.
Diagnostic Tool- As the name suggests, this function algorithmically determine the common mistakes committed by traders. It comprehensively renders reports about errors in opening and closing positions, portfolio management, risk management, and volatility. In addition to this, it provides recommendations about winning strategies on NovoAdvisor for clients to follow.
Security– Anonymity is practiced when information are transferred to the site. Its platforms are also equipped with security authentication including fingerprint. More so, clients are given extra layer of protection since it is wired with 2-Factor Authentication.
The discussion above will come compelling for those live and swing traders since Just2Trade prioritizes costs over anything else. In what appears to be a good platform to use, this broker had ran another mile to provide its own unique feature that is beneficial and favorable for fund-conscious traders. More so, its impressive selection of accounts just adds to the list of reasons why Just2Trade deserves a sound investment.