FxPro's website
JustMarkets in Nigeria — review, licence and costs
Cost calculator (median of 57 priced of 81)
Score (6 of 6 axes scored)
ranked against full-basis brokers
Who actually onboards you
- Entity that onboards Nigeria residents
- Just Global Markets Ltd
- Local standing
- Offshore, unregulated locally; no specific Nigerian SEC alert verified at review.
- Licence as the register states it
- Seychelles FSA SD088; no Nigerian SEC licence.
- Leverage for this entity
- Up to 1:3000 (offshore).
- The firm behind it
- Founded 2012 as JustForex; rebranded 2022; Just Global Markets group.
- What we hold against it
- Offshore; weak FSA oversight; large Nigerian client base; no local regulation.
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Nigerian residents enters the score.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youOffshore, unregulated locally; no specific Nigerian SEC alert verified at review.
- Segregated client fundsstated by the broker
- Regulator warning on filenone found
— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.
Price against Nigeria market median(priced from 57 of 81)
Medians run over the 57 of 81 brokers that publish a price for Nigeria, never over the whole base. A spread without its commission is not a price and is not counted.
Accounts
Account types the broker names for this country: Standard, Cent, Pro, Raw Spread, Standard/Cent from USD 10 (some pages list from USD 1). The figures below are the broker's own and do not differ by account in any source we captured.
Swap-free account terms
Terms read from the account page on 01.10.2026. The cap on open positions is not published.
Payouts(2 methods)
| Method | Deposit, h | Fee, USD | Min, USD |
|---|---|---|---|
| Fintech wallets | 24 | 0 | 50 |
| Crypto | 24 | 0 | 50 |
Taxes for a Nigerian resident(1 rule)
- Trading profits are taxable and must be declared to the Nigeria Revenue Service (NRS, formerly FIRS).https://justmarkets.com
Not tax advice. Check with the FIRS.
Deposit and withdrawal methods (2 methods · 0 local rails)
NGN local bank transfer via payment agents/exchangers, fintech wallets, crypto.
- Fintech wallets
- Crypto
- Account currency
- USD, EUR (NGN base not verified; NGN converted).
- Fee declared
- 2 of 2 methods
- Withdrawal back to
- the funding method
Where it does not serve(10 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(3 platforms)
- MT4
- MT5
- mobile app
Identical for every row: Min spread 0.3 · Leverage 3000 NG.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 4.1 | 145 |
Share of reviewers in Nigeria: — The platform does not publish it.
Pros and cons(5 for and 4 against, each tied to a figure on this page)
- Round turn 6 USD on the raw + commission basis, under the Nigeria median 6.5
- Min deposit 10 USD, under the Nigeria median 20
- Swap-free account available
- Round-turn cost 95 of 100, its strongest of 6 scored axes
- 3 platforms: MT4, MT5, mobile app
- No Nigeria authorisation on file: the entity that onboards you is licensed elsewhere
- Withdrawal in 48 h, over the Nigeria median 24
- The published 1:3000 comes from the group's offshore entity, not from the Nigeria one
- Safety 10 of 100, its weakest of 6 scored axes
Alternatives in Nigeria(5 of 81 scored in Nigeria)
- Round turn, USD
- 6NG
- Min deposit, USD
- 20NG
- Leverage
- 200NG
- Rank in this country
- #10
- Round turn, USD
- 7NG
- Min deposit, USD
- 10 groupNG
- Leverage
- 200NG
- Rank in this country
- #13
- Round turn, USD
- 6NG
- Min deposit, USD
- 0 groupNG
- Leverage
- 500NG
- Rank in this country
- #17
- Round turn, USD
- 4.8NG
- Min deposit, USD
- 0NG
- Leverage
- 500NG
- Rank in this country
- #29
- Round turn, USD
- 5NG
- Min deposit, USD
- 10 groupNG
- Leverage
- 2000NG
- Rank in this country
- #38
"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.
Methodology(6 axes · formula v1.0)
Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a Nigeria score. Full methodology
| Axis | Weight | What is measured | JustMarkets |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 55 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | 95 |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 10 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | 60 |
| Track record | 10% | Years since the firm was founded, from its own filings | 70 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 50 |
Where JustMarkets sits in the Nigeria base(81 brokers)
Round-turn cost, USD (57 of 81 priced)
Median 6.5 USD · range 3-20 · this broker 6 USD · 24 of 81 brokers do not publish it
Minimum deposit, USD (29 of 81 priced)
Median 20 USD · range 0-100 · this broker 10 USD · 52 of 81 brokers do not publish it
Retail leverage (53 of 81 with a Nigeria figure)
Median 1:500 · range 100-3000 · this broker 1:3000 · 28 of 81 brokers do not publish it
Withdrawal time published (81 brokers)
FAQ
- Does JustMarkets accept residents of Nigeria?
- No. Offshore, unregulated locally; no specific Nigerian SEC alert verified at review. Onboarding entity: Just Global Markets Ltd
- Is JustMarkets licensed to serve clients in Nigeria?
- Seychelles FSA SD088; no Nigerian SEC licence. Checked on 09.07.2026.
- How much does one round turn cost at JustMarkets?
- About 6.0 USD per standard lot on EUR/USD. The median across brokers measured for Nigeria is 6.5 USD.
- What leverage does JustMarkets offer to retail clients in Nigeria?
- Up to 1:3000. leverageGeo: Up to 1:3000 (offshore).
- Which trading platforms does JustMarkets support?
- MT4, MT5, mobile app. Instruments: FX, metals, energies, indices, crypto CFDs, stocks.
- How can I withdraw money from JustMarkets in Nigeria?
- NGN local bank transfer via payment agents/exchangers, fintech wallets, crypto.
- What account types does JustMarkets offer?
- Standard, Cent, Pro, Raw Spread; Standard/Cent from USD 10 (some pages list from USD 1).
- Does JustMarkets offer a swap-free (Islamic) account?
- Yes. JustMarkets offers a swap-free (Islamic) account to Nigeria residents.