JustMarkets South Africa: FSCA FSP 51114 and ZAR Accounts

In South Africa, JustMarkets runs justmarkets.co.za through Just Global Markets (PTY) Ltd, an FSCA-authorised Financial Service Provider (FSP 51114) based in Bellville, Cape Town. That entity acts only as an intermediary under the FAIS Act. The product supplier and counterparty is Just Global Markets Ltd, regulated by the Seychelles FSA (SD088). The South African site lists Standard ($10), Pro ($200) and Raw Spread accounts on MT4/MT5, ZAR as an account currency, leverage up to 1:3000 on EURUSD and gold, and "swap-free trading with no overnight charges for all clients". It also reminds residents about the foreign investment allowance for offshore accounts.

JustMarkets South Africa at a Glance (justmarkets.co.za, 2026-10-01)

What the Intermediary Structure Means

The FSCA licence covers the advice and intermediary service. Your trades are executed and held by the Seychelles entity. FSCA rules govern how the intermediary deals with you, but the offshore product supplier is your counterparty for the CFDs themselves. Keep that in mind when you consider complaints and fund protection.

Funding in ZAR

A ZAR account avoids converting every deposit and withdrawal. Check the minimum per payment method in the Personal Area, because local bank and EFT minimums can be above the $10 account minimum. Check also how withdrawals in ZAR are processed and how long they take. Moving money offshore counts toward your SARB foreign investment allowance.

Official sources: FSCA · JustMarkets official site (justmarkets.com).

Practical Cost & Risk Breakdown for JustMarkets South Africa

Evaluating JustMarkets South Africa requires looking past headline figures to measure usable drawdown capital and round-turn execution costs on JustMarkets. When you factor in $10 min deposit (Standard Cent/Standard) / $100 (Pro/Raw) alongside Raw spreads from 0.0 pips + $6/lot RT, your true cost per dollar of available risk depends on Stop-out 20%–50% by entity. For example, if a $100,000 account carries a 5% daily loss cap ($5,000) and a 10% maximum drawdown ($10,000), risking 0.5% ($500) per trade gives you a 10-trade buffer against daily liquidation and a 20-trade buffer overall.

Execution friction on MT4, MT5, Mobile WebTrader also directly affects net expectancy for justmarkets south africa. Raw ECN or proprietary liquidity feeds typically charge $3 to $7 per standard lot round-turn on major forex pairs, plus variable bid-ask spreads that widen during the New York/London rollover window (5:00 PM EST). Scalpers and intraday systematic traders should log average slippage across at least 20 trades on JustMarkets to confirm that commission plus spread remains below 15% of average target distance.

Pre-Trade Verification Checklist for JustMarkets South Africa

Before committing capital or purchasing an evaluation tied to JustMarkets South Africa (fact-checked 2026-10-01), complete these four verification steps:

1. Entity & Jurisdiction Check: Confirm the exact legal entity listed on your JustMarkets account dashboard (CySEC (401/21), FSA Seychelles (SD088), FSCA, FSC Mauritius) and review its dispute resolution terms.
2. Drawdown Reset Mechanics: Check whether JustMarkets calculates daily loss limits from prior-day closed balance, prior-day equity, or the higher of the two at server rollover.
3. News & Holding Restrictions: Verify whether justmarkets south africa permits holding positions over the weekend or executing market/pending orders within 2 to 5 minutes of Tier-1 economic news releases.
4. Payout & Withdrawal Documentation: Ensure your government ID, proof of address, and payment method match your registered legal name to prevent compliance delays under Direct live broker execution (up to 1:3000 offshore / 1:30 CySEC) terms.

JustMarkets South Africa: Your Questions Answered

Is JustMarkets FSCA-regulated?

Just Global Markets (PTY) Ltd is FSCA-authorised as an FSP (51114) and acts as an intermediary. The product supplier is the Seychelles FSA-regulated entity.

What is the JustMarkets minimum deposit in ZAR?

The account minimum is $10 (Standard) or $200 (Pro/Raw), converted to ZAR. Payment-method minimums may be higher.

Does JustMarkets offer ZAR accounts?

Yes. ZAR is listed among the account currencies.

Related: JustMarkets account types, JustMarkets withdrawal, best forex brokers South Africa.

Sources checked 2026-10-01: justmarkets.com (regulations, contact, account, deposit-withdrawal, platform and restricted-jurisdictions pages), justmarkets.co.za, justmarkets.partners. Terms depend on the JustMarkets entity that onboards you. CFDs carry a high risk of losing money rapidly due to leverage.

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