Juno Markets Limited is registered in the Republic of Vanuatu and is regulated and licensed by the Vanuatu Financial Services Commission (VFSC). Since 2017, the VFSC has taken measures to tighten its regulatory requirements to ensure customer protection. Under the amended regulations, Juno Markets (as well as any company regulated by the VFSC) is required to conduct an annual financial audit by an independent auditor, as well as to deposit additional funds for better capital adequacy.
Juno Markets offers four account types: STP, Pro, ECN and Institutional. The minimum trade size for all options is 0.01 lot. The commission is charged to ECN and institutional accounts at USD 4 per lot side and USD 1.50 per lot side respectively. The minimum deposit starts at USD 100 for the STP account and goes up to USD 25,000 for the institutional account. The maximum leverage ranges from 1:500 for the STP account and 1:100 for the institutional account. The company claims that it does not deduct deposit fees, but the intermediary banks most likely do. The minimum deposit is USD100.
MetaTrader 4 (MT4) is the preferred choice for many traders around the world, with its award-winning custom interface and many additional features. The platform is suitable for all levels of traders and offers over 50 customizable indicators and charting tools, trading without requotes, real-time pricing, one-click trading, multiple time frames and more.
In addition, a social trading platform (copy trading) called “Juno Auto Trader” is also available. It is ideal for beginners or those who do not wish to trade on their own account. Users get access to multiple trading strategies and can build their portfolio based on successful, verified traders, the company claims. Historically, you get an overview of trades month by month, as well as dozens of additional indicators to help you analyze the desired instruments and their profitability.
Users can trade over 100 instruments spread across the following asset groups:
Forex – over 75 major, minor, and exotic currency pairs. The EUR/USD spread starts at around 0.2 pips for an ECN account and goes up to 2.2 pips for an STP account.
Metals – Gold, Silver, Platinum, and Palladium
Indices – 11 of the global largest and most liquid indices. Spreads start at 2.4 points for the S&P 500 and approximately 4 points for the FTSE 100.
Energies – Crude Oil and Brent Oil
CFDs on US shares – some of the largest companies in the technology and pharmaceutical sectors can be traded.