JustMarkets in Libya 2025: Availability, Features, Fees, Pros & Cons, and More

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JustMarkets is a Forex and CFD broker that provides online trading platforms and services to traders and investors worldwide. The broker is renowned for its competitive spreads, fast execution, and a wide range of trading instruments. JustMarkets is regulated by several authorities, including CySEC (Cyprus), FSA-S (Seychelles), FSC (Mauritius), and FSCA (South Africa). It offers various trading instruments, including Forex, commodities, indices, cryptocurrencies, etc.

If you are a trader based in Libya, you may be wondering whether JustMarkets is accessible in your country. The answer is yes—JustMarkets is available in Libya.

In this article, we will explore JustMarkets in detail, covering its features, leverage options, and the pros and cons for traders in Libya. Additionally, we will discuss the account opening process, deposit and withdrawal methods, and other essential details to help you decide if JustMarkets is the right broker for your trading journey in Libya.

Can I Trade on JustMarkets in Libya?

Yes, you can trade on JustMarkets in Libya. The broker is available to traders and investors in Libya. JustMarkets is an online Forex broker that provides its services globally. The broker is regulated in multiple jurisdictions worldwide, including the CySEC, FSC, FSA-S, and FSCA. Traders and investors from Libya can trade under its FSC, or FSA-regulated entity.

JustMarkets Overview

JustMarkets Overview
  • Founded In: 2012
  • Minimum Deposit: $1
  • Maximum Leverage: 1:3000
  • Regulations: FSA, Cysec,FSCA,FSC
  • Trading platform: MT4, MT5
  • Account Types: Standard, Raw, Pro 
  • Payment Options: VISA, MasterCard, Airtm, Binance/Binance Pay, Bitcoin, Bitcoin Cash, Boleto, Dogecoin (DOGE), Ether/Ethereum, FasaPay, Litecoin, Local Bank Transfers, Neteller, PayRetailers, PerfectMoney, PromptPay, Ripple (XRP), Skrill, Tether (USDT)
  • US Traders: Not Accept

Yes, JustMarkets is legal in Libya. JustMarkets is a global forex broker. It is regulated by several authorities worldwide including CySEC, FSA-S, FSC, and FSCA. Moreover, there are no restrictions on JustMarkets imposed by any authorities in Libya. Therefore, you can trade forex confidently with JustMarkets in Libya without any legal concerns

Is JustMarkets Safe and Trustworthy in Libya?

Yes, JustMarkets is a safe and trustworthy broker for traders in Libya. While the broker is not regulated by major authorities such as ASIC, or the FCA, it is regulated by  CySEC (Cyprus), FSA-S (Seychelles), FSC Mauritius, and FSCA (South Africa). These regulations contribute to its reputation as a trusted broker.

Here’s how JustMarkets ensures your safety:

Regulated Broker:

.JustMarkets is a regulated forex and CFD broker. The company is regulated by several reputable financial authorities, including:

  • Seychelles Financial Services Authority (FSA): Just Global Markets Ltd., with registration number 8427198-1, holds a Securities Dealer License (SD088) from the FSA.
  • Cyprus Securities and Exchange Commission (CySEC): JustMarkets Ltd., registration number HE 361312, is authorized and regulated by CySEC under license number 401/21.
  • Financial Sector Conduct Authority (FSCA) in South Africa: Just Global Markets (PTY) Ltd., registration number 2020/263432/07, is authorized by the FSCA as a Financial Service Provider (FSP) with number 51114.
  • Financial Services Commission (FSC) in Mauritius: Just Global Markets (MU) Limited, registration number 194590, is regulated by the FSC under license number GB22200881.

These regulatory bodies ensure that JustMarkets operates in compliance with international financial laws and standards, providing a secure trading environment for its clients.

Segregated Clients Fund:

JustMarkets takes great care of client funds by storing them in segregated bank accounts. The funds of JustMarkets clients are situated on segregated bank accounts, which means that JustMarket’s own funds and the funds of the clients are separated

Negative Balance Protection:

JustMarkets offers negative balance protection to its retail clients. This feature ensures that your account balance can never go below zero. It prevents you from incurring debts beyond your initial investment. It’s an additional layer of security that shields you from extreme market volatility and unexpected price movements.

Investor Protection:

JustMarkets does not provide investor protection schemes to its clients in Libya. However, client funds are held in segregated accounts with top-tier banks, ensuring an added layer of security.

Liquidity from Top Banks:

JustMarkets works with 18 of the world’s largest banks to provide liquidity. This means you get competitive prices and fast trade execution for the best trading experience.

Strong Data Security:

Your data is fully protected with encryption, both when it’s being transferred and when it’s stored. This helps prevent unauthorized access and keeps your personal information safe.

How to Open a Trading Account with JustMarkets in Libya

JustMarkets allows traders to open trading accounts online. As a trader in Libya, you can open a trading account with simple steps. It may take less than 5 minutes to create an account. Below is a detailed step-by-step guide to help you get started

Step 1: Register for a Personal Area:

To begin, visit the JustMarkets website and register for a Personal Area. This is your central hub for managing trading accounts, deposits, withdrawals, and trading statistics.

  • Provide valid personal information, including your name, email, and phone number.
  • No deposit or verification is required during registration, but accurate personal data is essential.

N:B: Once registered, you will automatically be redirected to your Personal Area.

Step 2: Open Your First Trading Account:

After accessing your Personal Area, follow these steps to open your first account:

  1. Go to the “Account Operations” menu and click “My Accounts”.
  2. On the Live page, under the Trading Account section, click “Open New Account”.
  3. Fill in the fields under “Provide Personal Details” if you haven’t already completed this during registration.
  4. Select your preferred account type based on your trading needs:
    • Standard Cent: Ideal for beginners with small trades.
    • Standard: A versatile option for regular traders.
    • Pro: Offers more instruments, including shares and energies.
    • Raw Spread: Designed for traders seeking ultra-low spreads, with a commission applied.

Tip: Detailed trading terms for each account type, including available instruments, spreads, and leverage, can be found in the account selection menu.

Step 3: Set Your Account Preferences

After choosing an account type, configure your account preferences:

  • Base Currency: Select your account’s primary currency (e.g., MYR, USD, EUR).
  • Leverage: Define the leverage level (up to 1:3000 for most account types). You can adjust this later in the Personal Area.
  • Password: Create a strong password with 6-15 characters, including at least one Latin letter and one digit.

Click “Create Account” to finalize the process.

Step 4: Access Your Trading Platform

Once your account is created, you’ll receive a unique trading account number and login credentials via email. Use these details to access your preferred platform:

  • MetaTrader 4 (MT4) or MetaTrader 5 (MT5): Download these platforms from the JustMarkets website or use the web version, WebTrader.
  • Use your account number as the login ID and your main password to execute trades. An investor password is also provided to monitor trading activity.

Step 5: Fund Your Account

To start trading, deposit funds into your account:

  • Navigate to the “Deposit” section in your Personal Area.
  • Choose from a variety of payment methods, including bank transfers, e-wallets, and credit/debit cards.

Once funds are deposited, you can access live markets and begin trading.

Additional Tips: Opening Additional Trading Accounts:

You can open multiple trading accounts within your Personal Area, each suitable to different strategies or account types.

  • There is no limit to the number of accounts you can create.
  • Accounts with no funds or activity for over 90 days will be archived without prior notice.

All your accounts are displayed in a table in the Personal Area, making it easy to manage multiple accounts.

How to Deposit Funds on JustMarkets in Libya

To deposit funds on JustMarkets in Libya, follow the steps below:

  • Step 1: Log into your Personal Area (PA) on JustMarkets.
  • Step 2: Go to the ‘Funds -> Deposit’ tab.
  • Step 3: Select the trading account you want to fund.
  • Step 4: Choose your preferred payment method (Visa, Mastercard, Bank Transfer, etc.).
  • Step 5: Enter your payment details as per the chosen method.
  • Step 6: Specify the deposit amount and check the “To be deposited” field for conversion details (if applicable).
  • Step 7: Click “Get a bonus on deposit” if you’d like to use the 50% bonus.
  • Step 8: Click the ‘Deposit’ button to confirm, and complete the process on the payment page.

How to Withdraw Funds from JustMarkets in Libya

To withdraw funds from JustMarkets in Libya, follow the steps below:

  • Step 1: Visit the JustMarkets website and log in to your Personal Area using your credentials.
  • Step 2: Navigate to the ‘Funds -> Withdrawal’ tab in the left menu.
  • Step 3: Select the trading account you wish to withdraw funds from.
  • Step 4: Choose your preferred withdrawal method by tapping the “Withdrawal Method” field and filling in the necessary details.
  • Step 5: Confirm the withdrawal amount displayed in the ‘Amount’ area.
  • Step 6: Click the ‘Withdrawal’ button to initiate the process. Your request will be processed by the Finance Department.

JustMarkets in Libya: Reviewed

Here are the pros and cons of JustMarkets for the traders and investors of Libya. 

Pros:

  • Regulated by CySEC, FSC, FSA-S, FSCA
  • The minimum deposit is as low as $10 
  • Maximum Leverage is 1:3000 (up to 1:30 for retail clients and up to 1:3000 for professional clients on justmarkets.eu )
  • All strategies are allowed (Scalping, News trading, EA Trading) 
  • Negative balance protection;
  • Multilingual support 24/7.
  • MetaTrader 4/5 Offered
  • Spreads from 0 pips
  • 170+ trading instruments

Cons:

  • Not regulated by tire regulators like FCA, ASIC 
  •  No passive investment program ( MAM, PAMM Accounts) 
  •  US, UK, or Japan Traders are not accepted 
  •   A small selection of trading instruments;
  • Sometimes it takes time to receive a response from technical support;
  •  3% withdrawal fees if you do not have any trading activities 

JustMarkets in Libya: Key Features

The features of JustMarkets are almost the same across all countries. However, leverage, investment protection, compensation schemes, and trading conditions may vary depending on the jurisdiction in which you trade. The broker onboards the clients of Libya under its global entity  BBG Limited (trading name: JustMarkets) which is regulated by FSA  Here are the specific features of JustMarkets  for traders in Libya

  • Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. 
  •  KYC Verification: Required 
  • Trading Instruments:  250+ trading instruments including 69 Forex + 5 metals + 11 indices + 3 energies + 174 shares
  • Trading Platforms: MT4, MT5, Mobile Trader,  Webtrader
  • Minimum Deposit:  $ 10 or its equivalent. (100 EUR for the Clients of Europe) 
  • Maximum Leverage: as high as 1:3000 for retail traders (1:30 under CySEC regulation, 1:300 for Professional Accounts in the EU) 
  • Trading Fees: Spreads starting from 0.3 pips for Standard Account, 0.1 pips for Pro account, and $3 each side per lot for Raw Spread Account. 
  • Execution Methods: Market execution
  • Minimum Trade Size: 0.01 lot. 
  • Maximum Trade Size (Lot restriction per Ticket): 100 lots. 
  • Maximum Number of Positions: 1000
  • Account Currency: USD, EUR, GBP, PLN
  • Trading Style Allowed: All including Scalping, hedging, and EA Trading. 
  • Stop Out Level (retail): 20%
  • Margin Call Level: 40% 
  • Negative balance Protection: Yes 
  • Investor Protection:  No available. Investor protection is only available under CySEC regulation. 

What is the Maximum Leverage of JustMarkets in Libya?

The maximum leverage offered by JustMarkets for traders in Libya is 1:3000. Leverage at JustMarkets depends on tradable assets, equity levels, and jurisdictions, ranging from 1:30 to 1:3000. Below are the maximum leverage ratios for specific tradable assets in Libya:

  • Forex/Metals: 1:3000
  • Indices: Between 1:200 and 1:500 (For US30, US500, and US100, leverage is fixed at 1:500. For other indices, it remains fixed at 1:200.)
  • Cryptocurrencies: Between 1:20 and 1:500
  • Stocks: 1:20

Maximum leverage also varies based on your account equity (Forex and Metals) 

  • $0 – $999: Leverage is 1:3000
  • $1,000 – $4,999: Leverage is 1:2000
  • $5,000 – $29,999: Leverage is 1:1000
  • $30,000 or more: Leverage is 1:500 

What is the Minimum Deposit for JustMarkets in Libya?

The minimum deposit for JustMarkets in Libya  ranges from $10 to $100 or equivalent in EUR, based on the account type:

  • Standard Account: $10 or Equivalent.
  • Pro Account: Minimum deposit of $100 or equivalent 
  • Raw Spread Account: Minimum deposit of $100. Or equivalent. 

How Much Does JustMarkets Charge in Libya (Spreads and Commissions)?

JustMarkets charges spreads for Standard and Pro Accounts, while only commissions are charged for Raw Spread Accounts in Libya. Below are the trading fees based on account types:

  • Standard Account: Spreads start from 0.3 pips (no commission charged).
  • Pro Account: Spreads start from 0.1 pips (no commission charged).
  • Raw Spread Account: No spreads are charged, and a commission of $3 per lot per side is applied.

What Trading Platforms and Tools Does JustMarkets Provide in Libya?

JustMarkets provides a variety of trading platforms for traders worldwide, including those in Libya. These platforms include:

  • MT4
  • MT5
  • WebTrader
  • Mobile Trading Apps 

Each platform offers advanced charting tools, a wide range of technical indicators, and rapid execution. You can use any platform according to your preference

What Types of Accounts Does JustMarkets Offer in Libya?

JustMarkets primarily offers three account types for retail traders:

  • Standard Account: The most popular account, suitable for all types of trading strategies.
  • Pro Account: An account with zero commission and low spreads.
  • Raw Spread Account: Offers the lowest spreads with a fixed commission per lot.

In addition to these, JustMarkets also provides other commonly available account types, Below is an overview of the different trading accounts offered by JustMarkets.

Individual Accounts :

JustMarkets provides individual accounts to retail traders in Libya. Individual accounts are personal trading accounts held by individual traders. These accounts are used for buying and selling financial assets such as stocks, forex, or commodities. Unlike joint accounts or corporate accounts, individual accounts are owned and managed by a single person. They provide traders with full control over their trading activities. Individual accounts allow clients to make independent investment decisions and manage their portfolios according to their preferences and risk tolerance

Joint Accounts:

JustMarkets offers joint accounts to traders and investors worldwide including Libya. Joint accounts are shared accounts held by two or more individuals. In forex trading, joint accounts allow multiple parties, such as family members or business partners, to collectively invest and trade in the forex market. Each account holder has equal rights and responsibilities regarding the account’s management and trading activities.

Company or Corporate Accounts:

JustMarkets offers joint or corporate accounts in Libya. Company or corporate accounts are offered for businesses or organizations that wish to trade in forex markets. These accounts allow companies to trade currencies and manage their financial assets within a structured and regulated framework, often with additional features such as multiple-user access and corporate account management services.

Demo Accounts:

JustMarkets offers demo accounts in Libya. Demo accounts, also known as practice or simulated accounts, are virtual accounts provided by brokers for traders to practice trading without risking real money. These accounts simulate real market conditions and allow traders to test trading strategies, familiarize themselves with trading platforms, and gain practical experience in forex trading before starting to trade on live accounts.

Islamic Accounts:

JustMarkets offers Islamic accounts (swap-free) to traders and investors worldwide, including those in Libya. Islamic accounts, also called swap-free accounts, are specifically designed for Muslim traders who wish to engage in forex trading while adhering to Islamic principles. These accounts operate without charging or paying interest (swap) on overnight positions, in compliance with Islamic finance principles that prohibit the payment or receipt of interest (riba). Instead, Islamic accounts may incur an administration fee or feature-adjusted spreads to account for the absence of swap charges.

What instruments does JustMarkets Offer in Libya?

JustMarkets offers traders in Libya a variety of forex and CFD trading instruments. You can trade these instruments online with any  JustMarkets account. These instruments include 

  • Forex
  • Commodities 
  • Equities 
  • Indices 
  • Metals 
  • Cryptocurrencies

What are the trading hours of JustMarkets in Libya?

JustMarkets ensures that traders in Libya can trade with the markets at their convenience. You can trade 24/5 on JustMarkets. This means that from Monday to Friday evening (Libya local time), traders have the opportunity to access and manage their positions. This extended trading window accommodates traders with different schedules and time zones which allow them to capitalize on market movements whenever they see fit.

Customer Support of JustMarkets in Libya:

JustMarkets has dedicated customer support for all its entities including Libya. They are professional and responsive. JustMarkets  offers customer support with the following means 

  • Live Chat 
  • Phone Support 
  • Email Support 
  • Call Back Request: 

What countries are restricted on JustMarkets

JustMarkets is a global forex broker offering services worldwide. However, due to regulatory requirements and business decisions, JustMarkets does not accept clients from many countries. These countries include

  • Australia
  • Canada
  • Japan
  • United Kingdom (UK)
  • United States of America (USA)
  • Countries sanctioned by the EU

Frequently Asked Questions (FAQ)

Here are the most common questions asked by the traders and investors. 

What is JustMarkets?

Founded in 2012, JustMarkets, formerly known as JustForex, is a globally recognized forex and CFD broker offering trading services to clients across 160+ countries. Regulated by CySEC (Cyprus), FSC (Mauritius), and FSA (Seychelles), JustMarkets provides access to a wide range of trading instruments, including forex, CFDs, cryptocurrencies, and more. Catering to diverse trading styles such as scalping, EA trading, news trading, and copy trading, the broker ensures flexibility for traders at all levels.

JustMarkets supports multiple trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and a proprietary mobile trading app, making it convenient for clients to trade on the go. The broker also offers a dedicated “Copy Trading” platform for passive investors, allowing them to mirror the trades of expert traders. With leverage as high as 3000:1 and floating spreads starting from 0 pips, JustMarkets delivers competitive pricing and trading conditions for its clients

Does JustMarkets Work in Libya?

Yes, JustMarkets works in Libya. You can open a trading account with JustMarkets in Libya. The broker offers a wide range of trading instruments including Forex, Commodities, Stocks, Indices, Cryptocurrencies, etc in Libya. 

Is JustMarkets Good for Beginners in Libya?

Yes, JustMarkets is suitable for both beginners and experienced traders. The broker is regulated in multiple jurisdictions, ensuring credibility and trustworthiness. It is beginner-friendly due to the following features:

  • Lower Minimum Deposit: Start trading with as little as $10 or equivalent.
  • Low Spreads and Commissions: Spreads as low as 0.1 pips, or a commission of $3 per lot per side for Raw Spread accounts.
  • Demo Account: Allows new traders to practice before trading with real funds.

JustMarkets also provides an easy-to-use interface, a wide range of trading instruments, fast execution speeds, and various deposit and withdrawal methods, making it an excellent choice for beginners in Libya.

Does JustMarkets Have an Office in Libya?

No, JustMarkets does not have an office in Libya. However, it has offices in Seychelles, Cyprus, and Mauritius. 

  • Seychelles: 10, Floor 2, Vairam Building, Providence Industrial Estate, Providence, Mahe, Seychelles
  • Mauritius: The Cyberati Lounge, C/o Credential International Management Ltd, Ground Floor, The Catalyst, Silicon Avenue, 40 Cybercity, 72201 Ebène, Republic of Mauritius
  • Cyprus:  Syrakouson 9, Office 106, 3077, Limassol, Cyprus

Even though it doesn’t have an office in Libya, traders from Libya can communicate with JustMarkets through live chat, phone calls, emails, and by requesting a callback

Does JustMarkets Offer Swap Free (Islamic) Accounts in Libya?

Yes, JustMarkets provides swap-free accounts for traders in Libya. Swap-free accounts are suitable for those who require interest-free trading conditions due to religious or personal preferences. These accounts, commonly referred to as Islamic accounts, are designed to comply with Sharia law, ensuring no interest charges are applied for holding positions overnight.

Does JustMarkets Offer Any Bonus in Libya?

Yes, JustMarkets provides a 50% deposit bonus for traders in Libya. The bonus is credited to the “Credit” field of your trading account and can be used as an additional margin. It is valid for 30 calendar days from the deposit date, and details can be found on the “Received Bonuses” page in the Personal Area.

Does JustMarkets Offer Demo Accounts for Traders in Libya?

Yes, JustMarkets offers demo accounts for traders in Libya. These demo accounts allow beginners to practice trading with virtual funds in a risk-free environment. It’s a valuable tool for honing your trading strategies, familiarizing yourself with the platform, and gaining confidence before you start trading with real funds. The default validity of the JustMarkets demo account is 30 days. However, you may extend the validity by contacting JustMarkets’s support

Is JustMarkets Regulated in Libya?

No, JustMarkets is not regulated in Libya. However, the broker is regulated by CySEC, FSC, FSA-S, and FSCA. The broker onboards the traders of Libya under its FSA-S or FSC jurisdiction. These regulations provide traders in Libya with the assurance of a secure and compliant trading environment.

Does JustMarkets offer negative balance protection in Libya?

Yes, JustMarkets offers negative balance protection to retail clients in Libya. This means that if your account balance goes into negative territory due to market fluctuations or other factors, JustMarkets will bring your balance back to zero. It’s an important safety feature that ensures traders won’t owe more than they initially deposited. 

Does JustMarkets offer investor protection for the traders of Libya?

No, JustMarkets does not extend investor protection to traders in Libya. Libya falls under the jurisdiction of the FSA, or FSC.JustMarkets does not offer an investor protection scheme in FSA or FSC jurisdiction. However, the broker provides investor protection for CySEC jurisdictions (for the traders of Europe). Although traders of Libya may not have the same level of protection, JustMarket’s strong regulatory standing and commitment to ethical trading practices contribute to a secure trading environment

Final Verdict:

JustMarkets is an international forex and CFD broker that offers access to a wide range of trading instruments, including Forex pairs, Commodities, Stocks, Indices, and Cryptocurrencies. The broker provides low spreads starting from 0.0 pips, fast execution speeds, and multiple account types like Standard, Pro, and Raw Spread, for traders with varying strategies and experience levels.

Regulated by authorities such as the Financial Services Authority (FSA) in Seychelles and the Cyprus Securities and Exchange Commission (CySEC), FSCA, JustMarkets ensures a secure trading environment. 

JustMarkets supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), accessible on mobile, desktop, and web platforms. These platforms offer advanced charting tools, automated trading options, and a user-friendly interface. Alongside competitive trading conditions, JustMarkets provides market analysis and educational tools to make the right trading decisions for clients worldwide, including those in Libya.

Disclaimer: Forex and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money