JustTrade experiences and test 2023
JustTrade was actually the first German broker to offer trading in securities and cryptocurrencies. For example, the provider advertises that it has smart trading solutions and scores with a range of over 7,000 securities and more than 1,000 ETFs. In addition, there are also over 500,000 certificates. This means that the variety of offers that is made available here may be unique.
The JustTrade test of the website: JustTrade testimonials are also used here
JustTrade scores first and foremost with its clarity. Because right at the beginning of the JustTrade test it becomes clear that care has been taken to create a clear and easy-to-use website. That is, the friendly impression that is given here may not be deceiving. The JustTrade experience also proves that the website is easy to use and beginners will have no problems. Above all, as evidenced by the JustTrade experience, the broker is convinced with the structure of the homepage. There are the points “trading partners”, “conditions”, “and service” as well as “blog” or “crypto trading”.
The JustTrade review also briefly looked at the mobile application that is being made available. The JustTrade testimonials are also all positive when it comes to the JustTrade app, which then allows mobile trading on the go. The app can be used for iOS and Android devices downloaded from the respective store and then installed on the mobile device.
Even if the interface of a homepage does not necessarily have a great influence on the final JustTrade rating, because these are individual ideas as well as subjective perceptions, the homepage may be quite convincing. Especially because it does not pose any challenges even for beginners, as it is self-explanatory – as the JustTrade test also proves.
JustTrade experience proves that registration takes less than five minutes
Of course, the JustTrade test also deals with the question of which account models are provided and how complicated the entire registration process is in the end. Because there is one or the other provider who puts a very lengthy and often not so easy to manage registration in the room.
If you follow the JustTrade experience, the registration is not a challenge. Not even for beginners who are using such a service for the first time. JustTrade only requires a few personal details. The JustTrade experience proves that the registration is self-explanatory – if you follow the steps, you have completed the registration after a few moments. However, in order to be able to capitalize the account or subsequently become active via JustTrade, your own identity must still be confirmed. This is done via the VideoIdent procedure. That may not be a challenge either. Simply follow the instructions and hold a valid photo ID in front of the camera – done. It is important that you have a good internet connection so that there are no interruptions.
It should be noted that only one account model was found in the course of the JustTrade test. However, this may not have a negative effect on the JustTrade rating. Because the JustTrade account, which is offered here, convinces – for example in the variety of offers and also in the context of the JustTrade fees such as JustTrade costs.
The JustTrade test with a view to the trading platform
Here it quickly becomes clear that JustTrade goes its own way. This means that there is no well-known trading platform, but its own software in order to be able to get involved in the market. It should be noted that as part of the JustTrade test, it was found out that you are not only provided with a depot, but also a wallet in which you then store the digital coins. The custody of the assets takes place directly at the German private bank von der Heydt, which is based in Munich.
Various features and tools are available via the trading platform. So you can get access to the stock exchanges, get the latest news presented, can work with real-time prices, and get a real-time push portfolio valuation.
A lot of positive points, all of which will have a good influence on the JustTrade rating.
Can the payment methods be used in the JustTrade test?
Once you have completed the registration and confirmed your identity, you can now capitalize your account. In this case, a clearing account must be deposited so that equity can be transferred. Only then is it possible to personally gain experience with JustTrade. The distribution of any winnings works according to the same principle. Here, too, the transfer to the clearing account follows.
The wallet that is available for cryptocurrencies may be particularly interesting. This means that you don’t have to choose an external wallet here, but can, as JustTrade experience proves, use the integrated wallet without any problems. A very positive point for the JustTrade rating.
JustTrade testimonials are all positive when it comes to customer service
There may be almost only positive JustTrade testimonials when it comes to assessing customer service, but if you compare the offer with the offers of the competition, there is – as the JustTrade test showed – some potential for improvement. Because even if the FAQ section probably doesn’t lack any answers, there is only online communication. This means that you can get in touch via email – but not via live chat or telephone. This may only have a limited influence on the JustTrade rating, as the fact that the FAQ section is very broad will probably be sufficient to ensure that no questions remain unanswered. And if you do, you can still contact us by e-mail. An answer, according to the JustTrade experience, comes after 24 hours at the latest. Nevertheless, it would be an advantage if there was the possibility to get in touch with the employees immediately.
There is no doubt that JustTrade is reputable
The JustTrade review also deals with the question of whether the broker JustTrade is reputable. On closer inspection and taking into account the JustTrade experience, it quickly becomes clear that JustTrade must be reputable. Behind JustTrade is JT Technologies GmbH, which is based in Frankfurt am Main, Germany. Regulation is carried out by the Federal Financial Supervisory Authority. In addition, the German Sutor Bank is used when it comes to custody account and account management. Sutor Bank is part of the Deposit Protection Fund.
This ensures a positive JustTrade rating. Because the question of whether JustTrade is reputable does not have to be asked (anymore).
JustTrade test confirms: No JustTrade demo account
When it comes to additional offers, JustTrade may still have a few weaknesses. So there is no JustTrade demo account or other offers. This means that safe trading via the JustTrade demo account is not possible. Here, therefore, the savings must be invested immediately.
So if you want to gain JustTrade experience, you can’t reduce the risk via the JustTrade demo account, but have to start immediately with your savings. Therefore, it is advisable to work only with freely available capital at the beginning – the risk when investing for the first time should not be underestimated. This is also proven by one or the other JustTrade experience report.
All those investors who pursue a medium or even long-term investment horizon will also be thrilled – according to JustTrade’s experience. Because JustTrade also offers classic investing in stock corporations.
The trade offer
And due to the fact that the JustTrade test has shown that more than 7,000 stocks are available here, you will certainly be able to find your favorite stock corporation. In addition, excellent diversification can be achieved with this diversity.
The cost of trading
Of course, the JustTrade costs such as JustTrade fees are also to be considered if you plan to invest through JustTrade. The custody account management does not incur any fees – which means that you don’t have to be afraid of JustTrade costs. It should be noted, however, that there is a minimum volume per order: 500 euros. However, a sale can take place below this (relatively high) limit.
Stock exchanges and trading venues
The JustTrade test has shown that there are two trading venues: Quotrix and the LS Exchange. This means that as an investor you will not lose track of this. The advantage of this relatively meager selection? You save the third-party fee, the stock exchange fees or even the trading venue fee – and due to the fact that the JustTrade fees are also relatively fair, you can say here that the profits are not eaten up by fees.
The conclusion on just trade shares
The range of securities may also be mentioned positively again and again in the JustTrade experience. If you take into account the fact that the favored stock corporation will certainly be there, this may clearly bring a positive JustTrade rating. However, it should be noted that the minimum volume per order is set relatively high at 500 euros.
With cryptocurrencies, JustTrade offers an asset for opportunity-oriented as well as risk-affine traders. And with ETFs, i.e. Exchange Traded Funds, there is also an offer for security-oriented investors who like to reduce risk.
The trade offer
JustTrade also scores in this area. The JustTrade test shows that over 1,000 ETFs are available. In doing so, however, JustTrade only relies on renowned partners who draw attention to themselves with different emphases.
The cost of trading
The JustTrade test has also proven here that there are no hidden JustTrade fees or JustTrade costs. Due to the fact that ETFs have a very lean fee model anyway, not only the risk can be reduced here, but also the burden – there are no third-party costs, no exchange fees or trading venue fees. If you buy about 10 ETFs at a price of 50.50 euros/share, then you end up paying a price of 505 euros.
Stock exchanges and trading venues
The offer provided here by JustTrade can convince. Especially because you can work with the following providers via Quotrix and LS Exchange (alphabetical order)
• Amundi
• DWS • iSHares
• LYXOR
• Vanguard
• VanEck
• UBS
• WisdomTree
Trading can take place between 7:30 a.m. and 23 p.m. As the JustTrade test also proved, free real-time prices are offered. This means that you always have an overview of how the market is doing. This is also because the ETF offer can also be monitored with the app.
The conclusion on justTRADE ETF
Positive for the JustTrade rating may be the fact that a true variety of ETFs is offered here. This means that all those who like to be on the safe side will be thrilled. The variety that is offered here may not be self-evident – this is also proven by the JustTrade experience.
