Relatively new broker established in 2014, This New Zealand broker works out liquidity from the top-tier banks and provides no-dealing desk execution. Focused strongly on Asia, the broker’s website, liquidity providers and servers are all hosted in Asia. No requotes or dealer interventions are promised! US traders are, unfortunately, no accepted.
Juno Markets provides traders with access to over 30 currency pairs. The spreads on major pairs are listed below for your consideration:
With Juno Markets you have two accounts to choose from – one is for beginners and another for experienced traders (Juno Intro and the Juno accounts, respectively). Both accounts, though, give the same access to all trading products, the same platforms and level of support.
There is, of course, demo account with no risk or obligation. The demo account comes with $50,000 USD and maximum 200:1 leverage. Practice your strategies and get to know the platform up close and personal before you switch to live.
While conducting the review, we found that new traders can start their trading adventure with minimum deposit requirement of $500 and leverage of up to 400:1. Here you can get your hands on all the features and training material to help you get started in forex.
The range of products and instruments vary from forex, stock indices or commodities in one simple yet powerful platform. Any EA strategy, including high frequency trading and scalping are welcomed.
As most brokers Juno Markets offers you one-and-only MetaTrader 4. It is one of the most popular platform today in the industry and you can hardly find a broker that doesn’t work with the big MT4.
What is attractive in MetaTrader 4 is the fact that it is pretty easy to grasp and even a complete novice trader will find his way. On the other hand, the experienced traders enjoy advanced features and analytical tools.
Today a broker cannot get away just offering a PC or web trading platform. There must be a mobile version because, let’s face it, our smart phones are parts of our bodies these days. Juno Markets, as all brokers, gives you access to MT4 mobile app for iOS and Android devices. The app gives you all you need to trade on the go, as long as you have internet connection.
Available payment options include Wire Transfer, credit cards, Neteller and Skrill. Withdrawals are processed within a week of approval, depending on your payment option preferences. Take a note that wire transfers are charged $25 per each withdrawal.
Juno Markets is there to help with any query you may have via phone, chat or fill-in form on their website. Surprisingly, live chat is unavailable.
The broker’s site lacks advanced educational material, providing only interest rates, support and resistance levels, some summary of technical indicators.