Just4Trade claims to be registered in the Netherlands and indicates the address of its headquarters in Amsterdam, but there is no confirmation of this. Meanwhile, the broker provides information about its team, showing photos and experience of CEO John Schmidt and 4 other executives of the firm. In addition, Peter Marszalek, CEO and Founder, is quoted. It is worth noting that according to the company’s statistics, the platform is actively used by more than 52 thousand people who have invested 97 million dollars in the project and this money of clients is kept in the National Australia Bank (NAB) on segregated accounts. However, the owners of the site do not provide data on the license for financial activity.
Can we trust the investment of this company? We will do a review of the services and check the legitimacy of the crypto broker. After that, we will draw conclusions about the reliability of the company, so you can decide how safe it is to trade digital and other assets here.
How to Trade
Just4Trade offers users of its authoring platform to trade stocks, mutual funds, options, ETFs, currencies, futures, and bonds. There is no deposit minimum to open a standard account on the site. However, you must deposit €250 to receive certain privileges and margins. The company’s offerings include the following options for clients:
- Tariff plans with 6 minimum deposit options.
- Multiple ways to buy bitcoins and other cryptocurrencies.
- Stacking for storing digital money with rewards.
Users can use both fiat and cryptocurrency deposits to make purchases at Just4Trade. Payment options include credit or debit card, exchange transfer, cash exchange, bank transfer, and e-wallets. More than 20 fiat currencies and 250 cryptocurrencies are represented on the platform.
Withdrawals typically take up to 5 business days for transactions within the SEPA zone, while transfers outside the SEPA zone take up to 7 business days. The broker ensures that all transaction options include “reasonable fees”, but does not specify their amount, only stating that the fee depends on the payment system you choose. You can ask any questions to the technical support, which works 24/7.
Just4Trade Vital Info
The crypto broker does not specify its start date and only informs that the company “was born at the dawn of the Bitcoin revolution.” However, while writing this review, 2023 appeared in the footer of the website. As for the domain, it was registered in 2017 and renewed in January 2023. However, we did not find the company in the register of legal entities of the Netherlands and there is no information about its office at the Amsterdam address listed on the website.
As for the license, the firm does not publish its scan or registration number. Meanwhile, the homepage of just4trade.co has information that the platform is regulated and has the highest rating in FISEU. This claim is also not supported by any legal documents. In addition, there is no popularity of this service on the Internet. Its commercials are published on social networks and on YouTube only in spring 2023. Is Just4Trade really based in the Netherlands and is it regulated? This seems implausible to us and most likely points to a fake website. It is possible that this organization does not exist in the legal field at all and the owner of the site is falsifying information about its team and the history of the brand.
I do not advise anyone to invest in Just4Trade. I can not withdraw my deposit of 8,658 euros for the third month. Analysts ask me to add 1,000 euros to my account. Don't believe the advertisements, it's a scam 😢
Everything was going well in the beginning, the operators helped me with registration, explained and showed me everything, were so polite and nice, but then I started trading on just4trade.co and saw these inadequate conditions of service. Not only did my order triggered 20 units short than the set threshold, but there was a stop loss afterwards and I lost another 15 pips!
I registered on this site and immediately my phone started ringing constantly. First, an employee of just4trade called me, who spent 15 minutes "explaining" to me how beneficial it is to cooperate with this company, although I did not ask him to do so. I explained to this manager that I could not take calls, because I was at work and could only communicate with him through email. However, after that, the endless calls started again, which were identified through a search as either unwanted or from a financial organization. I didn't want to be interfered with at work and had to send 2 numbers a day to block. In general, I have an opinion that this company is a financial crook and not a real financial brokerage organization, I can't imagine the work of a broker as endless calling of clients in order to persuade them to deposit money.
I believed in the tales of the manager that this platform has a competent management team, which is really responsible for the safety of the client's funds. And everything turned out to be wrong - the broker completely blocked my account immediately after my transfer to deposit €11,000. It turned out that the regulator doesn't really exist and nobody can help me. The lawyers told me "the broker is ready to provide evidence that you have been working dishonestly". Nobody wants to consider my point of view, all the lawyers taking the side of the fake company that pays them money. Probably, the owners of just4trade.co divided my funds among themselves and that's it. This is just a scam for beginners, now I understand it, and I will never give in to any entreaties of unknown managers, and I will trade only with world-known brokers.
The advantages of this company are reliable support of the support and a personal manager, although they also have missteps, but I have no serious complaints. The platform is new and it is constantly updated. I tried to deposit money via bitcoin on Just4trade and faced such a problem that it took a very long time to transfer funds, which made me worried and nervous, but the money came after 4 days, maybe there was some kind of glitch, or maybe not. With dollar, there are no such problems.
At first it seemed to me that this broker has too high commissions and the company makes a lot of money on it. I felt it well, but once I was a beginner and went through this stage, which is hard to avoid in the first moment of cooperation. But now I have experience and I realize that this is a misleading opinion :) You go to the website of a similar American company, and you will see there the commissions are twice as high. So just4trade has everything humane and not so bad in this respect. Especially when you have already moved to a higher level of trading and you have orders of 1,000 euros. The commission is hardly felt here anymore with such a large trade amount.
This broker is ready to steal even 300 dollars. I was trading on Just4trade for a while and then I needed money and decided to withdraw my entire balance. It was 305 dollars. I made a withdrawal request and was rejected with the message: "It is necessary to specify documents about the origin of this money". The scammers veiled everything as if it was my fault. I have been demanding a refund for a second week, but there is no result. Crooks do not hesitate to take from the client even just 305 dollars!! That tells me a lot, I do not recommend!
This company does not even deserve your attention! I bought bitcoins with a leverage of 1:10 yesterday afternoon. The leverage drops to 1:3 at exactly 23 hours! My own funds are not enough to move the deal to the night, the broker sells my positions in minus and I am left without money. In this situation, the support answered me in a predictable way: everything is within the market, we do not control it. It seemed to me that not only the market is involved here. I will leave, I don’t need such a service. I feel sorry for the time I spent in just4trade on the verification procedure because my first impression was great. But this trick, with the help of which scammers take your money, revealed to me the essence of the dishonest team...
Be careful!!! The broker is not safe! I was robbed of over $800 stolen a few days ago. Thieves hacked into my personal account, changed my phone number and email in it, and withdrew all the money through crypto. The broker did not even respond to my application, and the tech support said that their platform is well protected, I gave my login and password to someone and these operations were done by an attacker because of my negligence. At the same time, I had no notifications, no suspicions about the one-step transfer of almost all crypto-assets, which I had stored here for more than half a year!!!
You guys blocked my account with only €136! Are you really that petty? It wasn't €10,000!!! The horror! I couldn't even imagine that in 2023 there would be brokers who wouldn't let you withdraw such small funds and would block their clients. So I understand if I won a lot of money from you and you were offended. However, I was only €12 on the plus side, and I drained almost €200 from you! I even find it funny that you don't give back the rest of my money. I have not met such petty, greedy, and deceitful people as those on the Just4trade team for a long time. My rating is one point! I understand that you do not value your reputation here at all? My review is true and I will try to place it on all sites and social networks, so that all investors will know about your fraud!