This review will go over Just2Trade to see if it really is the best trading platform out there.
You’ll learn whether trading stocks is the right online business for you.
If you’re like most of my readers, you came across Just2Trade for one main reason:
You want to make more money than you currently make by leveraging your existing resources.
Maybe you’re even looking for a quick turnaround on some of your cash, instead of waiting years or even decades for it to double.
Well, you’re in good company – who wouldn’t want all of that?
There’s one thing you need to watch out for though: legitimate scammers.
The idea of making 10X on your money in a day is obviously something that would entice the masses, and so it naturally attracts a lot of bad actors into the financial products space.
But for purposes of this review, let’s assume these people had the best of intentions.
Even with the most sophisticated systems out there, most experts barely manage to get it right 10% of the time…
Obviously, there’s an argument to be made that 1 winning bet can outshine 10 losing ones…
But if you mess up and miss a trade even one time, your month can turn sour pretty quickly.
Suffice it to say that there’s a whole lot of stress & uncertainty.
Now don’t get me wrong, it doesn’t mean you’re guaranteed to lose money. I’m just saying that you need to be aware of what you’re getting yourself into.
But what if you could build a different income stream, and start seeing profits within your first few days?
I’m talking about a system that doesn’t require:
- Obsessively checking your phone and charts
- The emotional turmoil of loss after loss, waiting for that win
- Glorified gambling
Something that you could make anywhere from $2,000 – $10,000 with consistently, month after month?
A stream of income that you can build as high (or low) as you feel like building it, without spending every waking hour watching for alerts and pouring over charts?
If that sounds interesting, you might want to think about becoming a Digital Landlord.
If you wanna see what Just2Trade looks like on the inside, keep reading.
What Is Just2Trade?
Traders can use Just2Trade’s expert platforms and mobile apps to buy and sell stock options through a broker. Unique selling points include premium trading tools and cutting-edge initiatives like Try2BFunded. By reading my in-depth review, find out if Just2Trade is the right choice for you.
Just2Trade distinguishes itself from other brokers in several ways:
- It offers a highly competitive pricing structure and excellent trade execution.
- It’s distinct in that it offers clients access to social features (WhoTrades social network) and trade-following and trade-copying services via a service called Novoadvisor.
- It gives clients access to the network’s top-performing traders and trading strategies. As a result, it acts as a cross between “Robo” and traditional advice services.
- Just2Trade has developed its own trader development program, Try2BFunded. Traders who meet specified profit targets while efficiently managing risk in a simulated trading environment can obtain a funded account directly from the firm with no capital investment on their own.
- It seeks to allow traders to follow their love for trading professionally in a secure environment (i.e., without risking life savings).
Just2Trade will appeal mostly to active trading that needs access to equities (both domestic and international), options, and futures.
Trades can be made via Just2Trade’s web-based or mobile trading platforms and third-party applications.
Just2Trade Company Details
Established in 2007, Just2Trade is a forex broker with headquarters in Limassol, Cyprus.
WhoTrades, Inc., a company concerned with social trading, bought it in 2015.
Just2Trade caters to active traders by emphasizing competitive pricing for volume traders. It’s a FINRA (Financial industry regulatory authority) registered broker-dealer and a member of the SIPC by the government’s Investors Compensation Fund and NFA.
Just2Trade is a leading international brokerage company that provides its clients direct access to the major world financial markets.
Just2Trade Trading Platforms
Users of Just2Trade’s proprietary platform can trade stocks, FX, ETFs, cryptocurrencies, and options, among other financial instruments (MT5). Although it doesn’t have a trading platform, it facilitates bond and mutual fund transactions.
To obtain these securities, a client might contact their broker.
Just2Trade offers demo versions of numerous third-party futures trading platforms (e.g., Sterling Trader Pro, CQG Trader, OEC Trader, and the iBroker app).
The web-based tool displays your portfolio holdings, performance, total profit/loss, market data, and charting capabilities.
Several settings are available, including watching multiple charts concurrently and auto-trading.
Dark and default themes are available to traders.
Just2Trade Account Types
Just2Trade offers several accounts to meet traders’ individual financial needs:
- MetaTrader 5
- Sole Proprietorship
- Limited Liability
- Joint with Rights of Survivorship
- Joint with Tenants in Common
Trading can begin with a variety of accounts and varying minimum deposits. If you want to trade with the Per-Trade plan, you’ll need a balance of at least $2500. A more in-depth explanation of the Per-Trade plan can be found in the Spreads & Commissions subsection.
A Futures Contracts Account requires a $2,500 minimum balance. The minimum balance is $100.
To open an account, you must be 18 or older.
Just2Trade Assets: Financial Markets Options, Mutual Funds, Etc.
You can trade stocks (both domestic and foreign), ADRs (American Depositary Receipts), ETFs (Exchange Traded Funds), futures, futures options, mutual funds, bonds, and more on Just2Trade as it offers a diverse range of markets and trading instruments.
A trader must employ a third-party trading application to manage all of these from the same interface.
As previously stated, trading bonds and mutual funds in the stock markets can be done over the phone.
Just2Trade Spreads & Commissions
Regarding low per-trade and per-share trading costs, Just2Trade is the market leader.
Most high-volume traders and investors cannot recall how much they earned in commissions from the previous year. Investors who trade frequently and spend $5 or more per trade can easily rack up thousands of dollars in annual commissions (or even a month for active traders).
Clients of Just2Trade who trade larger shares per transaction (500 or more) will outperform Interactive Brokers, which charge $0.005 per share.
In addition, Just2Trade offers an Every-Share trading plan for less than 1 million monthly shares transacted. For accounts trading at least 5 million shares per month, this lowers to $0.001.
Just2Trade also outperforms Interactive Brokerage Services in terms of options trading costs.
Just2Trade charges $0.50 for each options contract plus a $2.50 basic fee. For example, trading 20 options contracts on Just2Trade would cost $12.50.
For IB, this is typically $15 or more. If you trade more than 10 options contracts per month, Just2Trade is likely your best bet.
- Accounts on the Per-Trade plan pay $2.50 per trade.
- Accounts with equity between $2,000 and $2,499 will be charged $4.00 per trade.
- Accounts with less than $2,000 in equity will not create new positions until equity is restored.
- Enrollment in the Per-Share scheme requires a minimum balance of $25,000 in a margin account. (Margin accounts under the Per-Trade plan start at $2,500.)
- Futures commissions are $2.50 per contract.
Margin rates at Just2Trade go from 8.50% for accounts under $10,000 to 5.25% for accounts over $1,000,000. Competition for Ameritrade, Scottrade, Schwab, and Etrade is thus reduced:
Margin requirements for long stock positions are based on the share price. Stocks valued at $3.00 or less per share demand 100% margin (for both initial and maintenance margin). Those between $3.01 and $5.00 are required to contribute 50%. Those at a $5.01 price or more per share require 30%.
Accounts with concentrated positions have different margin rules. Suppose one equity position (long) represents more than 50% of the entire margin account value. In that case, the maintenance margin requirement for that investment is 50%.
Moreover, certain equities may have greater margin requirements if their volatility is significant enough to warrant additional money. Any changes to margin requirements on securities are subject to change.
Just2Trade Other Trading Fees
- The Per-Trade plan has no monthly price.
- The Per-Share plan has a minimum monthly charge of $333. The difference is debited to the account if the total commissions charged to an account supporting the Per-Share plan are smaller than the minimum monthly fee.
- Clients may be charged data fees depending on the markets in which they demand real-time data.
- Trading during extended hours is subject to a $0.003 per share commission premium for orders made via the Electronic Communication Network (ECN).
- Because mutual fund and bond trading must be done with a live agent over the phone, broker-assisted charges will apply if the security can be located.
Just2Trade Mobile Apps
Just2Trade has two mobile apps available.
- Just2Trade+ (also known as Just2Trade Plus) is an online trading platform.
- Just2Trade Pro is available for both iOS and Android.
These trading platforms are similar to web-based ones in many ways. The same instruments that may be traded on browser-based platforms can also be traded on mobile apps. There are other charting features accessible.
Just2Trade Payment Methods
A wire transfer, Mastercard, Visa, UnionPay, OFX transfer, or account transfer can all be used to finance a Just2Trade account.
The company has also recently begun accepting cryptocurrency deposits, such as Bitcoin and Ethereum. PayPal, credit cards, checks, money orders, and Western Union cannot be used to fund accounts.
Just2Trade Wire Transfers
If the account information is correct, domestic wire transfers can take up to one business day to complete. Bank transfer times for countries outside the US can vary widely. When transferring money out of an account, there is often a $50 fee (i.e., an ACAT). Costs associated with local and international money transfers.
Portfolios can avoid ACAT fees by first liquidating (converting all positions to cash) and closing. The money can then be withdrawn and moved to another brokerage account.
Just2Trade Demo Account
Just2Trade+ and Sterling Trader Pro demo accounts are available through Just2Trade.
Just2Trade+ is a browser-based platform that does not require any software to be downloaded. It has a user-friendly interface, access to US exchanges, delayed market data, market depth data, news, and extensive stock information. It lets you review all of your orders and displays your current portfolio and market performance.
Sterling Trader Pro is a direct-access trading services platform that allows you to trade stocks and options. Greeks and volatility are calculated using its options trading interface.
Its options chain emphasizes in-the-money options for quicker decision-making. Furthermore, the platform offers eleven predefined options trade structures, such as Butterflies, Calendar Spreads, Covered Calls, Iron Condors, and Straddles.
Spread order entries can be completely customized. The platform’s charting supports over 60 indicators and configurable studies.
Just2Trade Additional Features
With the help of its global social network, WhoTrades, Just2Trade enables all traders to create a bespoke feed where they can discuss and share opinions on the markets, companies, news, and strategies of particular interest to them.
It is available to everyone, not only Just2Trade customers.
Trading on the Just2Trade network is made easier by Novoadvisor, a proprietary trading platform developed by Just2Trade that connects investors with the best-performing investors and trading strategies.
Novoadvisor’s main focus is collecting investment tips from the general public and sharing them with other traders and investors.
Each profile on Novoadvisor provides complete transparency over practically everything needed to determine whether a strategy meets your personal needs and objectives.
Returns, performance trends, drawdowns, portfolio holdings, percentage allocations, and an AI- or user-generated summary of the popularity based on follower count, trading style, and every relevant time-stamped trading activity are all included.
Just2Trade now has a new program called Try2BFunded for those who want to trade without investing any money.
Traders must accomplish a profit target while avoiding particular drawdowns and daily loss amounts in the first two stages of the program. If they pass both, they’ll have a funded real-money account and can trade the firm’s capital (a monthly subscription fee applies).
If a prospect qualifies for Try2BFunded, the available initial capital amounts are $30,000 ($100 monthly membership fee), $50,000 ($150 monthly subscription charge), and $100,000 ($300 monthly subscription fee), the same as the initial demo account balance selected at the start of the program. Profits are shared 60/40 between trader and Just2Trade. Just2Trade plans to release a trader diagnostic tool in 2019.
Just2Trade Diagnostic Tool
This will assist traders in identifying typical mistakes, how effectively they open and close positions, how well they manage their portfolio/book, the risk of their portfolio, how well they trade in stressful situations (i.e., depending on volatility), and how to help construct a better portfolio.
The diagnostic will also suggest traders follow Novoadvisor, which is strong in areas where the trader is weak.
Just2Trade Trading Hours
Monday through Friday, excluding holidays, trading hours are 9:30 a.m. to 4:00 p.m. EST. Just2Trade also offers Extended hours trading (pre-market and post-market) from 8:00 a.m. to 9:30 a.m. EST and 4:00 p.m. to 7:00 p.m. EST.
Just2Trade Contact & Customer Support
Customer assistance is available by phone, fax, email, and live chat. Customer service is available Monday through Thursday from 9 a.m. to 6 p.m. EST and Friday from 9 a.m. to 5 p.m. EST.
Just2Trade Safety & Security
Personal data is provided to the site in encrypted form. Just2Trade+ and Just2Trade Pro offer PIN or fingerprint authentication for a trading account. But for some features, Just2Trade will employ Plaid to authenticate a client’s bank and brokerage accounts. 2FA is also enabled. The desktop trading platform requires a user name, password, security phrase/image, and pin.
Regulation And Licensing: Securities Investor Protection Corporation (SIPC) And CySec
Just2Trade is registered and regulated in the United States by the Commodity Futures Trading Commission and the National Futures Association (NFA). Just2Trade is also a member of the Securities Investor Protection Corporation (SIPC), covering investor funds deposited with the discount broker for up to $500,000.
- Just2Trade operated internationally under the CySEC license given in Cyprus, Europe, where the broker operates worldwide.
- It’s also licensed, regulated, and a member of various client deposit protection schemes worldwide, such as ESMA in Europe.
- And the stringent regulation imposed by numerous financial regulatory bodies around the world, together with its solid reputation built over a decade of active presence in the world, lends it credibility in the eyes of many reviews.
Can You Really Make Money Trading Stocks?
Yes, you can!
There’s a lot that comes along with trading stocks that many people struggle with.
Now, don’t get the wrong idea…
It’s not impossible to make money with stocks, but if you’re gonna put in the amount of grueling work to do this business (which, trust me, isn’t easy), you might as well bring in some REAL money while you’re learning the ropes.
Just2Trade Review Final Verdict
Just2Trade is most likely to attract independent day traders and active swing traders who are worried about costs and have certain requirements for trading and research.
Also, algorithmic traders may be interested in Just2Trade due to the convenience of connecting APIs and custom automated trading applications to Just2Trade for execution.
Because Just2Trade targets high-volume traders, it lacks standard analysis tools and filters (e.g., stock/bond screeners) and trading education materials.
However, Just2Trade is developing a trading diagnostic tool (a type of trading coach or AI assistant). The focus is on the social aspects of WhoTrades and Novoadvisor.
Its trader development program, Try2BFunded, is unusual among brokers. It allows clients to trade on the firm’s capital with no risk and a 60/40 profit share.
Just2Trade may be a suitable fit for your trading needs if you want strong trade execution, minimal fees, and unique trade-following and trade-copying tools that track the top traders and techniques in the market.
Are There Alternatives To Just2Trade?
Yes, there are plenty of other business models to choose from if you want to pursue this making money online. Here are just a few:
Is Just2Trade A Scam?
Alright, time for the $1,000,000 question: is Just2Trade a scam?
No, not technically. You can 100% make money with it, but it’s not NEARLY as simple as Just2Trade wants you to think it is.
You need to understand that you are taking a very big risk with financial products.
So while it’s entirely possible that you hit the big leagues and retire to a vineyard… the path to get there is so stressful, it might just shave a decade off your life… IF you even get there.
A friend of mine actually writes advertisements for one of the largest financial program advertisers in the world… so believe me when I say that most of the “awesome” numbers they use in their ads & landing pages are borderline false.
What they conveniently leave out are the dozens of losing bets and trades that came before the big win you’re reading about.
Now, most people don’t have the emotional bandwidth to stick out 3 months of back-to-back losses before (hopefully) getting a big win.
I’d rather use that 3 months of work (in my spare time) building Digital Rental Properties, and then collect a handful of nice little $500-$2,000 checks every single month afterward (AKA passive income).
And the cool part is that you can do it in a lot less time than 3-months (I personally did it in my first 2 weeks of being a Digital Landlord).
You can do it from anywhere in the world, so it’s a genuine “laptop-lifestyle” business.
All you need is a laptop and an internet connection.
Some of my friends are Digital Landlords that run their 6-figure businesses from:
- Camping trips at national parks
- Beachfront in Hawaii
- On the road in a camper van (with a pet pig!)
They focus on living an enjoyable life first, and focus on income second. All thanks to this program.
They can take weeks or months off, and money keeps rolling in.
Living happily is the top priority.
If the thought of living perpetually at your dream vacation spot interests you, being a Digital Landlord might be for you!
What Is My #1 Recommendation For Making Money Online In 2022?
I’ve personally tried all of the major online business models:
- I’ve traded crypto & purchased a bunch of fancy “insider stock tip” newsletters
- I’ve sold fidget spinners through Amazon FBA
- I’ve drop-shipped a toilet bowl putting green on Shopify
- I’ve sold women’s health supplements via Clickbank affiliate marketing
And I made money with all of them, so trust me when I say: there is no “perfect” business model.
That being said, my #1 recommendation for making real money online is, hands-down: being a Digital Landlord.
Whether you’re a complete newbie, or you’ve been around the block before but have never had that “big win” to propel you forward, becoming a Digital Landlord is for you.
1)Time: If you’ve got a spare hour or two each day, you can do this. If you want to drop everything and go all-in, you can do this. More time obviously means faster results, but even putting in a few hours per day is enough to see real success.
And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring.
That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.
But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.
2) You Own & Control EVERYTHING: When it comes to the markets, nothing is in your control. You have zero influence over market-shifting macro-economic trends.
The number of people that have ACTUALLY beat the market consistently can be counted on one hand.
Why pour your soul into a business that you realistically have zero control over?
When you’re a Digital Landlord, you literally own all of the assets, which means you have ultimate control.
3) It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…
If you wanted to double your income in the markets, you would need to make twice as many winning trades, or double your profit on each trade. And I can guarantee you that’s a lot harder than a few clicks & a phone call.
4) Make Money Helping Real People: When you make money in the markets, you’re not really helping anyone but yourself. There is a loser on the other end of that trade.
But when you’re a Digital Landlord, you’re helping solve REAL problems that people are ASKING for help with:
Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If you can provide those customers, they’re going to be really happy – and they’re going to pay you for it.
You’re helping a struggling mother or father put food on the table for their families, put their kids through college, or simply live life a little bit more comfortably.
Having this type of impact on the world is what will help you sleep soundly at night.
So, the rest is up to you. You could keep looking at other programs like Just2Trade, which might make you money if you luck out.
You could keep researching and researching for the next few months (or few years), never making a concrete decision.
OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.
Making a fortune while actually helping real people that need it.
If this sounds like you, click here to see how it all works.