JP Markets is a licensed Forex and CFD broker that is based in South Africa. JPMarkets.co.za offers negative balance protection, powerful trading platforms, state of art security for your money, zero commission fee, fast and reliable deposits and withdrawals, and friendly customer support. JP markets allows a reasonable amount of minimum deposit to start trading with variable spreads and leverages as high as 1:500. JP Markets offers trading in around 30 forex pairs, stock indices, oil, gold and OTHER CFDs on the widely used MetaTrader 4 platform. What’s more, PAMM services are also available with this broker.
- JP Markets is considered safe, as it is regulated by top-tier financial authorities, like the Financial Service Board FSB , South Africa.
- We can confirm that JP Market is safe because it is authorized by the following tier-2 regulator: Financial Services Board (FSB), South Africa. FSB is in charge of the licensing process and supervision of forex brokerages like JP Markets in the country. Besides, the South African regulator has enforcement powers to deal with breaches through the enforcement committee, and runs a customer complaints service, the Office of the Ombud for Financial Services Providers.
- Locally licensed Forex brokers like JP Markets in South Africa are required to keep all client funds in segregated trust accounts in a recognized bank in the country.
- JP Markets is the trading name of the JP Markets SA (Pty) Ltd., set up in 2016, licensed and regulated by the Financial Services Board (FSB), South Africa, FSP 46855. JP Markets has offices across South Africa major cities. It also has set up in Kenya, Pakistan and Bangladesh.
JP Markets Advantages and Disadvantages
- NDD execution
- MT4 available
- Bonuses available
- High spreads
- Scalping, hedging and EAs not allowed
- No choice of trading platforms
ABOUT JP MARKETS
JP Markets is a Forex and CFD broker that is owned and operated by the JP Markes SA (Pty) Ltd., licensed and regulated by the Financial Services Board, South Africa, FSP 46855. The company is located at Nelson Mandela Square, Maude Street, West Tower Floor 2, Gauteng 2146, K2016/123297/07.
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