Company Summary
| JP Markets Review Summary | |
| Founded | 2016 |
| Registered Country/Region | South Africa |
| Regulation | FSCA (Exceeded) |
| Market Instruments | Forex, stocks, indices, commodities |
| Demo Account | / |
| Islamic Account | ✅ |
| Leverage | Up to 1:2000 |
| Spread | From 0.5 pips |
| Trading Platform | MT5 |
| Minimum Deposit | R100 |
| Customer Support | 24/5 support, live chat, contact form |
| Tel: +27 21 045 1333 | |
| Email: support@jpmarkets.co.za | |
| Address: No.4 Century Falls Road, Century City, Cape Town, 7441 | |
| Facebook, X, Instagram, LinkedIn, WhatsApp, YouTube, Tiktok | |
| Regional Restrictions | Only offers services in South Africa, Namibia, Swaziland and Lesotho |
JP Markets Information
JP Markets was registered in South Africa, offering trading on forex, stocks, indices, commodities with leverage up to 1:2000 and spread from 0.5 pips on the MT5 platform. The minimum deposit requirement is R100. However, it does not provide services for residents in certain areas.
Pros and Cons
| Pros | Cons |
| Live chat support | License exceeded |
| Various contact channels | Regional restrictions |
| MT5 platform | Lack of common payment options |
| Islamic account available | |
| Various account choices |
Is JP Markets Legit?
Yes. JP Markets is licensed by FSCA with license number 46855 offering services.
| Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
 | Financial Sector Conduct Authority (FSCA) | Exceeded | JP MARKETS SA (PTY) LTD | Financial Service Corporate | 46855 |
What Can I Trade on JP Markets?
JP Markets offers trading on forex, stocks, indices, and commodities.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Stocks | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
JP Markets offers VIP accounts, JPM Micro 300 accounts, Premium accounts, Zero Stop-Out accounts, JPM Bonus 300 accounts and 25% Drawdown Bonus account. Besides, it also offers an Islamic Account.
| Account Type | Accepted Currencies | Minimum Deposit |
| VIP | USD, ZAR | R5,000 |
| JPM Micro 300 | R100 | |
| Premium | ||
| Islamic | ||
| Zero Stop-Out | ||
| JPM Bonus 300 | ||
| 25% Drawdown Bonus |
Leverage
JP Markets offers flexible leverage options, varying by account type. However, high leverage can amplify both profits and losses.
| Account Type | Maximum Leverage |
| VIP | 1:500 |
| JPM Micro 300 | |
| Premium | 1:2000 |
| Islamic | 1:500 |
| Zero Stop-Out | |
| JPM Bonus 300 | |
| 25% Drawdown Bonus |
JP Markets Fees
| Account Type | Spread | Commission |
| VIP | From 0.5 pips | $3 |
| JPM Micro 300 | 0 | |
| Premium | From 1 pip | |
| Islamic | From 1.5 pips | |
| Zero Stop-Out | From 3 pips | |
| JPM Bonus 300 | From 2 pips | |
| 25% Drawdown Bonus |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | PC, Web, Mobile | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit and Withdrawal
JP Markets accepts payments like Capitec Pay, OZOW, Paystack, Skrill, and Alphapo. It does not provide information on fees and processing time related to deposits and withdrawals.
Olamide Gordon-Wuraola
United Kingdom
Been told story’s that their international payment is offline and also been told different things in their department
Exposure
FX3607541145
South Africa
No willing to complain. They wil never pay out your money they have
Exposure
Haffner
United States
Do not invest in this company. If you do you are guaranteed to lose all your money. I invested with them a few months ago. At the time there were many reviews on YouTube from happy customers who had made nice profits and have no issues withdrawing. However, I spent over a month trying to withdraw and I didn't receive a penny. After much unsuccessful trials, an old experienced trader friend referred me to a litigation firm called Forensic Pro, you can search for them on google, they got my money back, every penny from JP markets.
Exposure
Yurona
South Africa
I've had a positive experience with JP Markets. The customer service was prompt and helpful, especially when setting up my account. Trading on MT5 has been smooth with fast executions and no issues with withdrawals so far. Overall, I think it’s a good platform for trading.
Positive
媛乐
Hong Kong
JP Markets’ trading platform sucks, I just cannot open it and log into my personal account. I asked their customer support staff to fix this, but they didn’t give me any response at all. **** it!!!
Neutral
王川岷
South Africa
JP Markets does not leave you alone, because they will systematically manage to persuade you to invest more money. It is just a trap! Don’t believe their sweet words!
Neutral
FX2179475288
South Africa
I am unable to withdraw my funds since the licensed is revoked and no one gets back to us is been over a year now MY I.D NUMBER is 9505125575083 name is Sizwe Ntsondwa. Sizwe
Exposure