JP Markets

South Africa

I am unable to withdraw my funds since the licensed is revoked and no one gets back to us is been over a year now MY I.D NUMBER is 9505125575083 name is Sizwe Ntsondwa. Sizwe

Exposure

2021-04-22

Haffner

United States

Do not invest in this company. If you do you are guaranteed to lose all your money. I invested with them a few months ago. At the time there were many reviews on YouTube from happy customers who had made nice profits and have no issues withdrawing. However, I spent over a month trying to withdraw and I didn't receive a penny. After much unsuccessful trials, an old experienced trader friend referred me to a litigation firm called Forensic Pro, you can search for them on google, they got my money back, every penny from JP markets.

Exposure

2020-12-06

FX3607541145

South Africa

No willing to complain. They wil never pay out your money they have

Exposure

2020-10-13

Yurona

South Africa

I've had a positive experience with JP Markets. The customer service was prompt and helpful, especially when setting up my account. Trading on MT5 has been smooth with fast executions and no issues with withdrawals so far. Overall, I think it’s a good platform for trading.

Positive

2024-06-17

媛乐

Hong Kong

JP Markets’ trading platform sucks, I just cannot open it and log into my personal account. I asked their customer support staff to fix this, but they didn’t give me any response at all. **** it!!!

Neutral

2023-02-15

王川岷

South Africa

JP Markets does not leave you alone, because they will systematically manage to persuade you to invest more money. It is just a trap! Don’t believe their sweet words!

Neutral

2022-12-19

Olamide Gordon-Wuraola

United Kingdom

Been told story’s that their international payment is offline and also been told different things in their department

Exposure

2020-02-20

Account

Related Software

Biz Area

Genealogy

Relevant Enterprises

Company Summary

News

Wiki Q&A

Comment

Account

Environment

--
Currency

--
Maximum Leverage

1:2000
SupportedEA
Minimum Deposit

R100
Minimum Spread

from 1
Depositing Method

--
Withdrawal Method

--
Minimum Position

0.01
Commission

No
Products

--

Products

Updated： 2025-11-03

MT4/5

Full License MT5

MT4 Servers

MT5 Servers

215.25

Average execution speed/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 5

Perfect

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Genealogy

VIP is not activated.

Please visit the WikiFX App to be our VIP.

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Relevant Enterprises

JP MARKETS(France)

Active

France

Registration No. 884052820

Established 2018-10-03

Related sources Website Announcement

Company Summary

JP Markets Review Summary
Founded	2016
Registered Country/Region	South Africa
Regulation	FSCA (Exceeded)
Market Instruments	Forex, stocks, indices, commodities
Demo Account	/
Islamic Account	✅
Leverage	Up to 1:2000
Spread	From 0.5 pips
Trading Platform	MT5
Minimum Deposit	R100
Customer Support	24/5 support, live chat, contact form
	Tel: +27 21 045 1333
	Email: support@jpmarkets.co.za
	Address: No.4 Century Falls Road, Century City, Cape Town, 7441
	Facebook, X, Instagram, LinkedIn, WhatsApp, YouTube, Tiktok
Regional Restrictions	Only offers services in South Africa, Namibia, Swaziland and Lesotho

JP Markets Information

JP Markets was registered in South Africa, offering trading on forex, stocks, indices, commodities with leverage up to 1:2000 and spread from 0.5 pips on the MT5 platform. The minimum deposit requirement is R100. However, it does not provide services for residents in certain areas.

Pros and Cons

Pros	Cons
Live chat support	License exceeded
Various contact channels	Regional restrictions
MT5 platform	Lack of common payment options
Islamic account available
Various account choices

Is JP Markets Legit?

Yes. JP Markets is licensed by FSCA with license number 46855 offering services.

Regulated Country	Regulator	Current Status	Regulated Entity	License Type	License No.
	Financial Sector Conduct Authority (FSCA)	Exceeded	JP MARKETS SA (PTY) LTD	Financial Service Corporate	46855

What Can I Trade on JP Markets?

JP Markets offers trading on forex, stocks, indices, and commodities.

Tradable Instruments	Supported
Forex	✔
Stocks	✔
Indices	✔
Commodities	✔
Cryptocurrencies	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type

JP Markets offers VIP accounts, JPM Micro 300 accounts, Premium accounts, Zero Stop-Out accounts, JPM Bonus 300 accounts and 25% Drawdown Bonus account. Besides, it also offers an Islamic Account.

Account Type	Accepted Currencies	Minimum Deposit
VIP	USD, ZAR	R5,000
JPM Micro 300		R100
Premium
Islamic
Zero Stop-Out
JPM Bonus 300
25% Drawdown Bonus

Leverage

JP Markets offers flexible leverage options, varying by account type. However, high leverage can amplify both profits and losses.

Account Type	Maximum Leverage
VIP	1:500
JPM Micro 300	1:500
Premium	1:2000
Islamic	1:500
Zero Stop-Out
JPM Bonus 300
25% Drawdown Bonus

JP Markets Fees

Account Type	Spread	Commission
VIP	From 0.5 pips	$3
JPM Micro 300		0
Premium	From 1 pip
Islamic	From 1.5 pips
Zero Stop-Out	From 3 pips
JPM Bonus 300	From 2 pips
25% Drawdown Bonus	From 2 pips

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT5	✔	PC, Web, Mobile	Experienced traders
MT4	❌	/	Beginners

Deposit and Withdrawal

JP Markets accepts payments like Capitec Pay, OZOW, Paystack, Skrill, and Alphapo. It does not provide information on fees and processing time related to deposits and withdrawals.

Keywords

5-10 years
Regulated in South Africa
Financial Service Corporate
MT5 Full License
Suspicious Overrun
Medium potential risk

News

Exposure JP Markets Review: Is This FX Broker Really Worth Investing? Know the Truth!

When it comes to investing in forex, selecting the right broker is a key decision. In this detailed JP Markets Review, we’ll explore whether JPMarkets broker, a South Africa-based Forex and CFD broker, lives up to its claims. Is it one of the best regulated forex brokers, or should traders be cautious?

2025-09-22 19:07

News JP Markets in the South African Forex Economy: The Outcome of the Case and How WikiFX Can Help

JP Markets was one of the largest forex brokers in South Africa, with a reputation for offering high leverage trading and competitive spreads. However, in 2020, the company found itself at the center of a scandal that rocked the South African forex economy.

2023-04-22 08:30

News WikiFX report: JP MARKETS OPERATED IN ‘ABSOLUTE CONFLICT’ WITH ITS CLIENTS

An investigation into JP Markets has uncovered how the South African-based online forex broker has allegedly been trading against its clients and tampering with trading circumstances in order to drive down high earners' profitability while increasing the firm's.

2022-04-22 11:31

News WikiFX report: JP markets liquidated

The Financial Sector Conduct Authority (FSCA) previously reported that it filed an urgent application with the High Court to liquidate JP Markets (Pty) Limited and that the bank accounts of JP Markets had been frozen.

2022-04-22 11:23

News WikiFX report: SOUTH AFRICA’S IBS CAN BREATHE EASY AS JP MARKETS FINALLY BITES THE DUST

JP Markets, which was unlicensed and had a poor reputation among introducing brokers in South Africa, has been forced into administration by the authorities, and had its bank accounts frozen.

2022-04-21 14:57

News WikiFX report: A (temporary) positive ‘spread’ for JP Markets as SCA dismisses liquidation order

The Supreme Court of Appeal (SCA) judgment of JP Markets v FSCA [2021] ZASCA 148 is the latest precedent dealing with state institutions’ attempts to wind-up private companies on just and equitable grounds.

2022-04-21 14:54

Wiki Q&A

webgalaxy

1-2 years

Is JP Markets a regulated broker?

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.

Which payment methods does JP Markets support?

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.

Are there commissions?

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.

What are the pros and cons of JP Markets?