1. Is JP Markets safe or a scam?
  2. Trading Platform
  3. Accounts
  4. Spread
  5. Leverage
  6. Deposits and Withdrawals conditions with a minimum deposit and withdrawal fee
  7. Conclusion

What is JP Markets?

JP Markets is a South African Forex broker that initially started its operation since 2016 with a base on an extensive understanding of international financial markets. The main JP Markets offering strives for the ability to engage in long-lasting relationships and trading capability, which inspires local and global traders to fruitful trading.

This is done through numerous ways, including investment into traders’ knowledge, which JP Markets provides knowing that a successful trader is a knowledgeable trader.

JP Markets website

JP Markets operations based throughout several countries across Africa with its base in South Africa, which also continuously grows beyond and further. JP Markets strives to bring trading conditions to international traders throughout its innovative trading benefits and access to trade Forex, Metals and other instruments on an STP basis.


Actually, JP Markets managed to maintain consistency in its record and trading service by providing expert advice through dedicated online trading courses and a huge amount of education materials. And together with its dynamic trading recognition as one of the leading brokers in South Africa through numerous traders they gather, as well as industry rewards.

JP Markets awards

Is JP Markets safe or a scam?

JP Markets as an incorporated firm within South Africa also is a fully approved broker by the Financial Services Board is known as FSCA. Therefore, JP Markets trading offering is successfully authorized as an international financial service that is also compliant with safety measures and providing clients with transparent conditions.

JP Markets license

Eventually, South Africa shows the significant growth of the Forex industry while more and more firms opening its branches or entities under its jurisdiction. JP Markets, however, stands on a strong background of its incorporation while maintaining trading operations dedicated to offering the best possible trading opportunity.

How are you protected?

In simple words, regulatory obligations subject to a qualifying standard on how the broker operates serves trading conditions as well as maintains a number of other safety rules specifically towards money management and market integration. Thus, there is negative balance protection, traders funds segregation, the security of the highest level while all accompanied by the protection of the clients’ interests.

Trading Platforms

JP Markets pioneered the offering by MT4 platform and quality trading execution with No Requotes, No Rejections and flexible trading conditions. The MetaTrader4 platform is today’s industry standard known for its innovative and powerful trading capabilities suitable either for retail investors to buy and sell currencies, as well as professionals.

JP Markets platform

JP Markets MT4 platform supports Future, Indices, Equities and other CFD transactions along with advanced charting features, technical analysis tools and automated trading. Of course, the platform is available in few versions so you may access trading from any device, including smartphones.

Mobile platform

However, JP Market offers also its proprietary application JPM Mobile App which is a super comfortable software allowing you to take control over your trading at any time.

So besides trading markets in a manual or automatic way, you may also engage in Social Trading with Copy Trader or Copy Master accounts. This means that you may copy master accounts and profit from trading without any knowledge or interruption just by a simple copy of orders. Or to gain extra exposure to the markets and management of bigger capitals by being a Master Trader.


As for the trading account as an important part of our JP Markets Review, we discover two account types that are based either on STP execution with costs included into spread only, or ECN account with raw spread and commission charges. Also, accounts for Copy Trading either Copy Trader or Copy Master may require additional authorization settings so that you will trade seamlessly.

In addition to its numerous benefits of JP Markets offering, it is one of the rare brokers that proposes interest on trading accounts, which might be subject to a qualifying minimum balance.

JP Markets accounts

What are JP Markets Fees?

JP Markets Spreads are variable and based on market conditions, which are also quite competitive spreads within the market offering, on average EUR/USD is about 2 pips for STP account. As we already mention, the ECN account will feature commission $10 per lot, which is a better option for professionals, yet available for all as per reference.

Also, compare fees to another popular broker Valbury Capital.

How to place order?

JP Markets spread


Since JP Markets is a South Africa broker, the local regulations still allows high leverage ratios available even for retail traders. Eventually, this is one of the reasons South Africa brokers, and JP Markets respectively, gaining more popularity and growing further.

  • The maximum ratio offered by JP Markets is 1:500 which is mainly offered for professionals, retail traders may access ratios like 1:100 or 1:200 that also vary according to the instrument specifications.

How to Deposit funds to JP Markets?

The last point within JP markets Review is funding methods that will allow you to send money into your trading account. JP Markets differs from many brokers, because the broker is authorized and licensed to accept local deposits from clients.

  • There are bank accounts with Absa, FNB, Standard Bank and Nedbank
  • Multiple payment gateways like Skrill also accepting Bitcoin so there is no complication to fund your trading account

Lastly, JP markets issue and made it available upon request its own JPM Card operated as MasterCard connected to your trading account, so you may seamlessly use all the benefits of Debit Card.

Minimum deposit

JP Markets does not have a strict minimum deposit, so you may invest a suitable amount, which is great from all of the sides. However, JP Markets recommend starting with around R3,000, which is around $200, as well as supports with great training and education materials super recommended for beginning traders.

Moreover, clients of JP markets enjoy complimentary access to some of the best Forex training and mentorship at no charge.

JP Markets deposits

Withdrawal fee

JP Markets does not mention charges for deposits or withdrawals, however, your bank or payment provider may waive some fees due to international policies, so you better check with the provider for its fees.


Overall, JP Markets Review brought us an understanding of brokers’ trading conditions and truly great education materials dedicated to make you a more knowledgeable trader. Together with its quite competitive trading conditions, there are options either to trade manually or to copy trades from the Copy Accounts, making investment opportunities better.

Besides and taking into consideration JP Markets is a quite known brokerage is South Africa and is recognized by international traders brand making our votes positive towards JP Markets. In addition, broker is constantly growing, expanding and making trading opportunities even better, which is another benefit for a long term investment. Or alternatively go with FXTM which is not just regulated by FSCA in South Africa but also holds license in UK and Cyprus.

Nevertheless, let us know your personal opinion about JP Markets, do not hesitate to share your thoughts or ask us for additional information if necessary in the comment area below.

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24 responses to “JP Markets”

  1. Jp markets is freezing the trades, blowing accounts, deposits are not reflecting in our trading accounts, withdrawals are not happening we’ve waited for over a week…no email response, they not picking up our calls, we are stucked. Poor service, we just feel like we got scammed…worst broker!!!!!!

  2. I have used JP markets but they just took my $70 without any proof of a trade executed on it. It looks to me loke this is a behaviour of a scam

  3. I made withdrawals since one week plus now and it has not reflected on my netteller account..
    And I have been emailing them without no response. I even chat with the CEO but he has given me any concrete answer..why do you guys treat your international clients with so much disrespect.??

    • Did you get your money back? Right now they are holding my money for days saying there is a fraudulent activity.. I’m really upset with them.

  4. I made a withdrawal since one week plus now and it has not reflected on my netteller account.
    And I was emailing you them but no response from them.
    They I chat with the CEO but he didn’t give me any concrete answer.
    Yesterday I tried calling them on phone but they didn’t pick up at all.
    Why are you guys (jpmarket) treating international clients with so much disrespect. The date of my withdrawal is 03/03/2020..i advice other traders to desist from this broker..

  5. Jpmakerts scammed me of R127331 lastweek I have a proof I’ve been asking them to send my withdrawals they didn’t

  6. i made withdrawal from JP markets aince 20 March 2020, on the 8 April 2020 they have not paid. Their service to customers is very poor. Also when i deposited my money only halve appeared on my trading account.

  7. I think they are scammers guys few minutes ago i was doing great in my account, really was going to make real money then my account frozed loses were taken without(stop loss) my permission then the account was on loss then it blowed. Don’t know how
    This all happened in the same time in front of my eyes. It really shocked me,now i guess im broke again😪

  8. Stay away from jpmakets. Last week they have blown my account which had 35000b+bonus. This is what happened i had trades running before they introduced their 200% bonus now i was running nas100 buy on jp and avatrade. Jp nas went to the loss while avatrade was in deep profit. I asked them and they said they have introduced new terms and conditions. I asked them how can you introduce new terms into the account that was running trades long time before and they said email were sent. I said were you expecting magic to happen to our accounts when trades are already running they could answer they ended up blocking me on the Instagram DM. I need to report them to FSCA because this guys are fraudsters


  9. I lost 130000.00 rands with them they are scammers my account went frozen while running trades I couldn’t close trades

  10. I don’t think FSCA is serious when it comes to its job. So many cases are reported but still jp market is operating, scamming people as usual etc. I think it’s better you gather serious evidence and expose them to the public.

  11. JP market blew my account by increasing usdzar spread to 9800. They need to be reported let us spread the message via papers,fsca,Facebook,etc.

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