Traders Union team checked Just2Trade office in Cyprus
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We checked the office of the Just2Trade brokerage company in Cyprus, which is located at the following address according to the information on the company’s website:
Spyrou Kyprianou Ave 78, Limassol 3076, Cyprus
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The company is located at the stated address
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We were able to speak to a company representative
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We were able to visit the office as clients
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Video of the company’s office
Cyprus is one of the most popular jurisdictions for Forex companies. The Cyprus Securities and Exchange Commission (CySec) is a Tier-1 regulator, which means it adheres to stringent regulatory standards set by the European Union.
Traders Union's goal is to help traders understand the operation of Just2Trade under CySEC regulation. Recently, Traders Union visited the office of Just2Trade to verify that the company is genuinely operating in Cyprus and providing services there.
In this article, you will also find all the important information about the broker's regulation under CySEC and other jurisdictions.
Brief dossier of Just2Trade
| Foundation date | 2019 |
| Headquarters | Magnum Business Center, Office 4B, Spyrou Kyprianou Avenue 78, Limassol 3076, Cyprus |
| Regulation |
CySEC Licence number: 281/15 |
| Official site | https://j2t.com/ |
| Contacts |
Email:
24_support@j2t.com,
Phone: +357 25 055 966, +357 96 370 242 |
A visit to the office of Just2Trade in Cyprus
Blinov Vasily, our associate, visited the office of Just2Trade located at the following address: Spyrou Kyprianou Ave 78, Limassol 3076, Cyprus to conduct a thorough inspection and prepare a video report. Blinov Vasily is an experienced professional with extensive knowledge of the Forex market and methods of research.
The Just2Trade office is located in a modern commercial building - Magnum Business Center. You can find the company at Spyrou Kyprianou Ave 78, Limassol 3076, Cyprus. The office is located on the 4th floor, as indicated by the sign in the lobby. The representative office has a good location within the city; the building offers a beautiful view of the mountains and residential area.
Just2Trade Office
A video report of the visit to the broker’s office
Our goal is to provide clients with full and impartial information about operation of the brokerage company, and we are sharing the results of its inspection in the format of a video report.
Just2Trade Office
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Is a Just2Trade safe broker?
Traders Union experts believe that Just2Trade is a safe broker. This is evidenced by several factors, including:
- Tier-1 Regulation: Regulated by a Tier-1 authorities.
- Investor Protection Fund: Participation in the Investor Compensation Fund.
- Segregated Accounts: Client funds are kept separate from company funds.
- Longevity: Just2Trade has a long history of reliable operating.
Just2Trade safety and regulation
| All Just2Trade regulator | Country of regulation | Regulation level | Investor protection fund | Segregated Account |
|---|---|---|---|---|
| CySec | Cyprus | Tier-1 | Up to €20,000 | Yes |
How does CySEC regulation protect investors?
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EU Rules Compliance: Adheres to EU regulations on leverage. Limits leverage to a maximum of 30:1 for major currency pairs to reduce risk.
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Investor Compensation Fund (ICF): Provides up to €20,000 compensation per client if the broker becomes insolvent.
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Transparency and Accountability: Ensures brokers operate with high standards of transparency.
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Client Fund Segregation: Requires brokers to keep client funds separate from company funds.
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Strict Licensing: Only grants licenses to brokers meeting rigorous standards.
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Continuous Monitoring: Regular audits and oversight to ensure compliance.
Beyond the office: practical advice for Forex investors
As we conclude our in-depth look at the broker's operations in this country, we’d like to offer additional advice for traders, considering this broker:
When reading about office visits, pay close attention to the level of transparency exhibited by the broker during these interactions. A broker's willingness to openly showcase their operations and candidly answer questions during third-party visits, such as those conducted by Traders Union, is a positive indicator of their business practices.
In the case of any broker, including Just2Trade, their openness about risk management protocols, order execution processes, and client fund segregation practices during office visits aligns with industry best practices. Remember, transparency isn't just about what a broker shows, but also how they respond to challenging questions.
Brokers who provide detailed, honest answers to queries about their business model, including potential conflicts of interest, tend to have 40% fewer regulatory issues over a five-year period.
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