Juno Markets is an CFD and Forex broker that provides traders with access to currencies, stocks, indices and CFD’s in spot gold and silver. Juno Markets headquarters is located in Wellington, New Zealand and in St. Vincent and the Grenadines, however, the main focus of this broker is Asian market. Read more info we provide in this review to found out if this broker is a scam!
Juno Market Broker
Juno Markets brings us 3 different types of accounts that traders can use when trading. Below we provide a review of the accounts:
Juno Markets offers a trading environment for corporate clients, brokers and other financial institutions.
The broker claims that they can customize the right trading solution for anyone and by doing this connect any trader to the platform via FIX API.
Also, Juno Markets ensuring that their innovative system directly connects traders to the platform and protects all clients with high-standards and risk management engine
For individual accounts Juno Markets offers two different types that can be more customized and by that provide best customer service.
- Min. Deposit $500
- Leverage 400:1
- Min. Spreads FX: 2 pips
- No commission
- Instruments: FX, CFDs, Metals
- EAs: Yes
- Min. Deposit $5,000
- Leverage 200:1
- Min. Spreads FX: 0.2 pips
- Commision included
- Instruments: FX, CFDs, Metals
- EAs: Yes
With Juno Markets managed accounts, traders can contact directly external managers which will trade and take care of the trader’s money.
This broker claims that they work only with the best possible traders with proven track records, ensured risk management and big experience in tracking the forex market.
The contact us button at Account Type page can help any trader to become account manager and to contact support team for extra questions. When we tried to do that, the contact page was not working.
Juno Markets demo account comes with a $50,000 USD of virtual money. With this kind of accounts, traders can test their trading abilities, learn how to trade or even compete with the best at the market. Also, it is possible to choose between two different accounts, STP standard, and ECN professional.
Is Juno Markets Legit?
What surprised us is the fact that Juno Markets offers its clients MetaTrader4 platform for trading. This platform is the perfect choice for most of the traders and brokers although the MetaTrader5 is out for a long time already.
This world’s famous and most popular platform gives the opportunity to any trader to trade with the advanced settings created for traders. Different charts, settings, and trading improvements started to a revolution in online trading.
To use this kind of a platform, traders need to download it on their computer and simply log in with their credentials.
Juno Markets Support
During the Juno Markets review, our staff tried communicating in a few languages and found the support is not ready for our questions. The live chat option, unfortunately, did not work and we could not get more information about the broker. This definitely pops up the question is Juno Markets legit?
On the Support tab traders are able to send important questions directly through the ‘contact us’ form. Also, there is a telephone number listed +61 290524945 and WhatsApp number that can be helpful for the traders.
Juno Markets Withdrawals
s the broker claims, the funding of account is simple and easy for all the users. The traders should simply log in into their account and select Deposit Funds option.
The methods available for deposit and withdrawals are:
• Visa and Mastercard
• Skrill and Neteller
• China UnionPay
• WeChat Pay and AliPay
• International bank wire
• Instant online bank transfers
Withdrawal process should be able from 1-7 days and it depends on the withdrawal method. Also, there are some fee mentions directly on their websites so our team advice all traders to watch out for unpredictable money loses.
Juno Markets Scam
After careful investigation and review of this broker, we have come up with the conclusion that Juno Markets broker should not be trusted. We don’t have a proof about Juno Markets Scam, however this unlicensed broker with too many empty promises is not a broker that our traders are searching for. If you want to trade with a more reliable and licensed broker, please check our brokers section with regulated ones!