Independent rating of Forex broker Juno Markets

About company

Juno Markets is a forex broker registered in 2014 as a provider of online services for trading currency pairs, CFDs, and precious metals. During its rather short period of existence, the company managed to change several countries of registration. Initially, the broker was registered in Saint Vincent and the Grenadines. Then it moved its headquarters to Asia. At present, Juno Markets is incorporated in the Republic of Vanuatu. However, despite the fact that the broker has changed registration and central office, it is still taking a great interest in Asian customers. Juno Markets is regulated by the Vanuatu Financial Services Commission (VFSC) with a principal’s license for dealing in securities. Notably, the VFSC is a tax haven zone favored by brokers for favourable conditions. Thus, the license from the Vanuatu Financial Services Commission cannot ensure that customer funds are fully protected. In the event of violations by the broker, the regulator will hardly be able to help you. Besides, Juno Markets is an A-category member of the Financial Commission. This enables the company to offer its clients cryptocurrency trading and a guarantee of up to $20,000 through the Compensation Fund. The forex broker does not serve clients from the United States and Hong Kong.

Trading conditions

• Forex (over 50 currency pairs), CFDs, commodities and metals as trading instruments
• 4 account types
• free demo account
• commission charged
• MAM/PAMM accounts
• real-time signals
• advisors
• economic calendar
• access to daily technical newsletter
• free guides for beginners
• withdrawals within 24 hours on weekdays, deposits within a few hours

Trading platform

Juno Markets offers its clients trading through such trading platforms as MetaTrader4 and Juno Auto Trader. The MetaTrader4 platform provides access to currency pairs, CFDs, and commodities. It features all the tools traders need to quickly respond to ever-changing market conditions. With the help of MT4, traders can create and use Expert Advisors, as well as analyse any of the selected instruments manually. The trading platform offers many charting opportunities and helps traders benefit from custom indicators and strategies. In addition, the software promises hours of accurate trading. Although the MetaQuotes developer has released an updated version of the MetaTrader 5 software, the MT4 trading platform remains the most popular among traders around the world. The second trading platform is Juno Auto Trader, the company’s own development. The platform makes it possible to automatically track the professional investors’ trades and copy them to your own account with a single click. Besides, Juno Auto Trader enables users to get a monthly overview of the effectiveness of each strategy. Thus, every trade placed by a strategy provider will be recorded on a trading list to ensure full transparency. Juno Auto Trader gives users the opportunity to suspend, stop, or withdraw funds at any time. The main advantages of the platform are as follows:

• the ability to start trading with a minimum deposit of $100
• the platform is perfect for beginners and those who do not have time to trade on their own
• the ability to create your own portfolio
• access to hundreds of strategies depending on the risk profile

Support service

Traders can contact the support team of Juno Markets via a callback form, email, or phone numbers indicated on the company’s official website.

Traders’ reviews

There are both positive and negative reviews on the Web. Many clients praise the company for instant order execution and outstanding customer service. Other traders complain about problems with the withdrawal of funds and frequent cases of suffering losses.

Advantages:

• high leverage
• access to MT4
• wide choice of trading assets
• member of the Financial Commission
• demo account
• free training materials
• large selection of accounts
• MAM/PAMM accounts
• advisors
• real-time signals

Disadvantages:

• offshore broker
• commission charged