Just2Trade is designed with you, the serious investor, in mind. We manage every step of the trading process to ensure smooth,
high-quality service and exceptional order executions. We are committed to bridging the gap between Wall Street and independent
For the more advanced trader, Just2Trade offers a fully-featured DMA platform designed for those who work with rapidly moving
electronic markets. The platform includes advanced order routing management and real-time profit/loss capabilities, making it
particularly suitable for trading groups.
Just2Trade, Inc. is a New York-based, registered broker/dealer with the Securities and Exchange Commission (SEC), member of
the Financial Industry Regulatory Authority (FINRA), and the Securities Investors Protection Corporation (SIPC).
No promotion offers at this time.
Pros: cheap commision
Cons: very slow on procedure such as cash transfer, order cancelation, trade reports...
Just2trade holds your money for 3 days after you close one trade. That means you need to wait 3 days before you can trade again. They use this rule for cash accounts. I applied for margin account many times but was rejected... as if they want to use your money to invest in something else???
It appeals to me that the company is totally upfront about the commission rates, and especially that there are no hidden taxes or fees.
by Eva Stone,
Pros: low commission, good support
Cons: interface could be better
I’ve been watching Just2Trade for quite a long time but have not yet opened an account due to bad reviews. I finally decided to go ahead and open up an account as not a single broker charges such low transaction fees. Everything turned out much better than I thought. Regrettably, the company’s help desk is not up and running 24/7, but, as a rule, I can reach the help desk after one or two calls, and email requests are answered within 24 hours. I don’t know whether the company has hired new staff, but the account managers are good, competent, and definitely not those who are spoken of below.
Pros: great for beginner, accepts customers from Europe, low commisions
Cons: occasional technical issues
after j2t was acquired by Whotrades, they quickly moved from an old and unreliable online trading platform to a different one, which is for my needs (beginner, value investor) completely fine.
After contacting more than 10 online brokers in the USA, this is the only one accepting customers from Europe (that was in autoumn 2015, I don't know how is it know)
Cons: TERRIBLE customer service, fraud, lousy service
RUN AWAY from this brokerage. And I use that term loosely.
Just search for lowtrades.com and fraud, just2trades took them over as they were all the same company under success trades. FINRA kicked out lowtrades due to fraud and a ponzi scheme.
Too many other good brokerages, this is easily the bottom of the barrel.
And as others say, their website is extremely buggy, account balances seem to fluctuate.
Cons: Rude customer service
Yes, I have experienced similar issues in the past couple of months-I've been with J2T for more than 4 years and no issues until around last December. I experienced the same issue with customer rep, very rude!
Just today as I tried to log in I was prompted that WhoTrades has acquired LowTrades and Just2Trade and will service all accounts with no change in fees or any other conditions, so I'll stick for a few months to see how that goes.
Cons: Trading platform problems, high fees, rude customer service
I was a customer at Just2Trade for 4 years. I never had cause to complain until the past couple of months. In December, there was a whole day in which no option trades could be placed at all. On submission of an option order, the website would hang and then time out after 30 seconds. No explanation or status update was posted on their website. I later found out that the problem was due to a new data feed that they had changed to.
Then in mid-January, there was an outage where no positions could be opened for 2 whole days. Attempts to open a position resulted in the error " Account is restricted - cannot open position (-55)". Calls to customer service were unfruitful. The reps didn't know what the problem was and when it might be resolved. At least, this time there was a post about the outage on their website. No compensation was ever offered to me.
From the website, clients can also chat with customer service, but the person manning the chat line now only responds to the first question and then simply ignores any followup questions. He doesn't say good-bye or disconnect or anything. I have never seen any customer service rep behave that way before.
One more quibble, albeit minor. For people with IRAs, there is a $35 annual fee that is reimbursed for accounts with over $25k in assets. The fee is assessed by their clearing company on November each year, but the reimbursement doesn't come through until February.
I have now transferred all my accounts out to other brokerages. My advice is to stay away from these jokers.
My experience was not very good. I found it very difficult to deposit and extremely difficult to withdraw funds from them. They never seems to give a straight answer and getting your own money from them was like pulling teeth. Making a trade was also difficult. They made me very skeptical and I would be weary about putting funds with this company. When I tried to cancel my account and get my money out they cancelled my withdrawal from them to my bank. They also refused to do a wire transfer saying they can not do wire transfers. To date I still have not received me ACH withdrawal. It just seem to always be held up. Think twice
by Angry customer,
- Lots of things in their trading platform are completely broken. I asked them to fix the problems 2 years ago. Nothing happened until now. I asked again today. The reply was : "we are working on it, but it's not a quick fix". I wonder how many years does a company need to make the plain profit/loss page work? The page looks messy. All these mistakes go into the daily balances, and finally you need to make calculations for a couple of minutes just to figure out the daily % change of the portfolio.
- I requested an assets transfer from another broker to J2T. It took some 34 days to complete it!!! I had to contact them several times during this period, and spent about 2 hours trying to make them complete this transfer. It's unbelievable, you have to beg them to take your assets!!!
I will never transfer any additional assets to J2T and I regret that I opened an account with them.