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JustTRADE is an online social trading platform that provides cryptocurrency and securities trading. The company is a FinTech startup with headquarters based in Frankfurt am Main. JustTRADE allows German investors to trade securities completely commission-free. Investors can have the following advantages when they open a depot with justTRADE.
It is imperative to note that justTrade only accepts users with tax domicile in Germany and German citizenship. Furthermore, users must provide an Identity Card for legitimation.
JustTRADE allows German investors to trade securities completely commission-free. The company has partnered with various banks in Germany to ensure efficiency, security, and ease for its users. The Sutor Bank manages users’ clearing and securities accounts. Additionally, the von der Heydt bank stores users’ crypto assets. Investors can have the following advantages when they open a depot with justTRADE.
It is imperative to note that justTrade only accepts users with tax domicile in Germany and German citizenship. Furthermore, users must possess an Identity Card for legitimation.
The sign-up process is simplified and takes about 10 minutes to complete. Investors can conveniently use the digital process without having to go through annoying paperwork.
JustTRADE offers transparent and competitive fees. Ideally, the company was formed with the aim of providing completely commission-free securities trading in Germany. The most lucrative offers include zero-order commission, zero custody fees, no lump sums for third-party costs, zero costs for dividend payments, zero trading venue fees, and zero stock exchange fees.
JustTrade offers various order types to increase flexibility and efficiency in trading. The available order types include Quote Request, Limit, Trailing Stop Loss, Market (Sell), One Cancels Other (Sell).
Overall, justTRADE is a first-rising startup company that seeks to revolutionize crypto and securities trading. However, it has limited educational resources and a high minimum deposit amount ($500), discouraging investors with lower budgets. Furthermore, the broker does not allow participation in airdrops for cryptocurrency investors.
JustTRADE provides both web trading and mobile app trading for securities and cryptocurrency. The mobile app is available for free download in Play Store and App Store. Desktop traders can also sign up on the web platform and access all its features.
JustTRADE collects various information from users during the registration process. The information includes name, marital status, date of birth, nationality, and address data. Traders must prove their German citizenship through the legitimation process in order to open an account with justTRADE. An identity Card is required during this process, often conducted through a video in the app.