JP Markets

webgalaxy

1-2 سنة

Is JP Markets a regulated broker?

WikiFX رد

From my own research and trading experience, I can tell you JP Markets is licensed under South Africa’s FSCA with license number 46855. However, the license status is “Exceeded,” which means it’s no longer considered active. This instantly raises my caution level because, while I like that they were once regulated, an exceeded license can mean lower investor protection today. When I log into my jp markets account, I always keep this in mind before committing large funds.

Broker Issues

JP Markets

Regulation

08-06

الولايات المتحدة

Ibgentle

1-2 سنة

Which payment methods does JP Markets support?

WikiFX رد

Besides the ones I’ve used, they also have Capitec Pay, Paystack, and Alphapo. But keep in mind — they don’t have PayPal or major card options, which might be a dealbreaker for some traders.

Broker Issues

JP Markets

Withdrawal

Deposit

08-02

الولايات المتحدة

kennis2244

1-2 سنة

Are there commissions?

WikiFX رد

Yes, but only on some accounts. I’ve paid $3 per trade on my VIP account, but no commission on JPM Micro 300 or Premium accounts. This is why I always check the jp markets account types before opening a position.

Broker Issues

JP Markets

Fees and Spreads

07-02

الولايات المتحدة

Interbank Trader

1-2 سنة

What are the pros and cons of JP Markets?

WikiFX رد

For me, the pros include access to forex, stocks, indices, and commodities all on MT5, plus flexible leverage up to 1:2000 and low jp markets minimum deposit of R100 on certain accounts. The cons are equally important: expired regulation, limited service regions, and payment method limitations. This balance is exactly why I use them selectively.

Broker Issues

JP Markets

Regulation

06-13

الولايات المتحدة