5 Reasons You Should Trade With the Malaysian Broker Juno Markets
There are key factors that every trader must consider before selecting a broker to deal with. With so many online brokers available, finding the right trader may be a daunting task, especially for beginners. Every trader must perform due diligence and find a broker that meets their goals.
Here are the reasons why you should trade with Malaysian Broker Juno Markets.
1. Trading Platforms
Juno Markets offers various trading platforms, including MetaTrader 4, Juno Auto Trader, and a Mobile App. MetaTrader 4 (MT4) is the preferred choice for many Malaysian broker Juno Markets users.
MetaTrader 4 has a customizable interface with a lot of advanced features. The features make Juno Markets an ideal platform for all levels of traders and financial instruments. In addition, this platform features over 50 customizable charting tools and indicators, enabling traders to evaluate trade positions thoroughly.
Juno Markets’ MetaTrader 4 has no re-quotes and trading restrictions. The platform is also available in 40 languages and nine-time frames. In addition, Juno’s MetaTrader 4 offers real-time pricing with one-click trading.
Juno Auto Trader is ideal for beginners or passive traders who cannot invest all their time in trading. Juno Auto Trader, a copy trading platform, gives users access to multiple trading strategies. Traders copy these strategies and build their own portfolios based on vetted and successful traders. Traders using the Juno Auto Trader platform get overviews and dozens of metrics that allow them to measure profitability and risk.
2. Mobile App
Malaysian Broker Juno Markets provides the MetaTrader 4 mobile app, allowing users to trade anytime and anywhere. The mobile app interface is friendly and has advanced features for easy trading. In addition, the app features real-time price quotes, preloaded indicators, and customizable charting tools.
A broker with access to many markets offers traders limitless opportunities. Traders, therefore, choose brokers who give them access to a variety of markets and instruments to trade. Juno Markets offers over 100 tradable products.
The currency market is the most liquid and largest financial market globally. In addition, the market is open 24 hours from Monday to Friday. Users can trade over 75 currency pairs via Juno Markets platforms. These currency pairs include major, minor, and exotic pairs.
Traders use precious metals to hedge their portfolios against inflation and market volatility. These metals also offer deep liquidity and lots of opportunities to traders. The Juno platform enables users to trade in silver, platinum, palladium, and gold.
Juno Markets enable users to trade on the world’s most liquid and largest stock indices, such as the FTSE and Dow Jones. Instead of tracking individual stocks, traders can follow a specific sector represented by an index.
Users can also trade oil and Contract for Differences (CFDs) on Juno Markets. Both shares and cryptocurrency CFDs are available on the platform. Traders use less capital than they would if they traded the real stocks because of leverage.
4. Fees and Spreads
Juno Markets charges competitive fees and spreads. For example, major currency pairs have an average spread ranging from 0.2 to 0.3 pips on the ECN account and 2.2 to 2.3 pips on the STP account.
Spreads on major indices are also competitive, starting at 2.4 pips and four pips for the S&P 500 and the FTSE 100, respectively. Furthermore, metals have low spreads. For example, silver has a spread of 0.01 on the ECN account and 0.33 on the STP account.
Juno Markets will also charge other fees such as a 1.50 US dollar commission on institutional accounts, overnight rollover fees, and a 4 US dollar commission on ECN accounts.
Regulation is a key feature of any trading broker because it offers security and confidence to traders. Therefore, every trader would like to deal with a regulated broker. Juno Markets is licensed and regulated by the VFSC, the acronym for Vanuatu Financial Services Commission.
VFSC has tight regulatory requirements which ensure client protection. For example, an independent auditor must conduct an annual financial audit on Juno Markets.
Finding the right broker in a world full of online platforms is not easy. The features of the brokerage platform are what will determine who the right broker for you is. Malaysian broker Juno Markets offers an ideal platform for new and experienced traders.