On-line since: About the company: Juno Markets offers currency pairs, CFDs, and metals trading. Company’s history Juno Markets changed several countries of registration. Earlier, the company was registered in Saint Vincent and the Grenadines and headquartered in Asia. It specialized in Asian markets. Now, the broker changed its place of registration and the headquarters, but it still serves Asian clients. Security of funds Juno Markets Limited is registered in Vanuatu as an international company and regulated by the Vanuatu Financial Services Commission (VFSC); the security license number is 40099. Juno Markets Limited is an A-category member of the Financial Commission offering a guarantee of up to $20,000 through an external compensation fund. The company does not accept clients from the US and Hong Kong. VFSC is an offshore zone, where brokers register to avoid strict regulation. Remarkably, a VFSC license does not oblige the regulator to help a broker in case of any disputes or violations. What does A-category mean in the status of a Financial Commission member? This category allows Juno Markets to make transactions with cryptocurrencies. Besides, traders will get up to $20,000 from the Compensation Fund in case of the broker’s insolvency. Trading conditions The company offers two types of accounts: STP and ECN. Additionally, a trader can open an account on individually tailored conditions. Minimum deposit A deposit starts from $500 for a STP account and reaches $5,000 for an ECN account. Spreads and commissions Spreads starts from 2 pips. This is a high figure. Leverage The broker provides leverage of up to 1:400 for STP accounts and 1:200 for ECN accounts. Trading platforms Juno Markets’ clients can use the popular MetaTrader 4 platform, available for the desktop and mobile versions. The platform is known for its great charting package, customizable tools of technical analysis, back-testing, and Expert Advisors (EAs). Even though MetaQuotes, its developer, has released a new software version, MetaTrader 5, MT4 remains the most popular Forex trading platform. Special services An Institutional account, an Individual account, or an account where all transactions are made by a manager can be opened with the broker. Support service The support service operates via phone or email specified on the broker’s website. Payment options Juno Markets offers several deposit/withdrawal options, including:
(Available only to residents of Malaysia, Indonesia, Vietnam, and Thailand) Feedback There are only positive reviews on the broker. Several traders complain that the withdrawal of funds takes much time, and some clients note that Juno Markets is blacklisted by the Securities and Futures Commission (SFC) of Hong Kong. We found no evidence to support this information. In November 2017, an indictment from the court of FPA traders was issued against this company. We recommend traders to be cautious when working with offshore brokers. Advantages:
Disadvantages:
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I've been trying 3 brokers, at last I found the best one, that is Juno Markets, a very good brokerhich have. They are very transparent in their business. MT4 platform is great. This broker is so good that they reverse my position if my trade was not executed properly.
It has been a week I am waiting for their approval for my request withdrawal $500 via wire transfer. They still hold my money and keep telling it will be process as soon as possible but nothing happen for a week already. I keep follow up my withdrawal status, but always said the same thing. Trading activity does not give me a big problem but sometimes platform will freeze for 5 minutes and the execution is being slowly. I hope that they will transfer my money and improve the flaws so that I don't have to find another broker.
Juno Markets gave me a better result on their MT4 Platform. I have got a fixed spread, which is the best for my scalping trade and I can place any deal in perfect position, as order execute instant. Also, I've found a live pricing chart, profitable technical analysis too. Therefore, I have experienced the best service with Juno Markets so far.
They are just plain scammers! No wonder they change their name every year, to avoid lawsuits. Unresponsive, especially when you ask questions that would reveal transparency. I couldn't access my trading account an hour ago. When I asked them why, they told me to contact the other. I was uncomfortable with this broker since 2 months ago. They always stall for time and seem to be throwing mistakes. I don't recommend this broker to anyone. Because the platform loses its connection during heavy trading hours.
After opening an account at Juno Markets and depositing money, an emergency happened in my family and I had to withdraw the money. Sadly, the broker took months before releasing it. This should not be the case because when I deposited money, it only took a day. Why did the withdrawal take months?
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