> ## Content Index > Fetch the complete content index at: https://forexbrokerguides.ghost.io/llms.txt > Use this file to discover other available public pages before exploring further. # Is JustMarkets Legal in Syria? Regulation, Safety and Trading Guide - URL: https://forexbrokerguides.ghost.io/is-justmarkets-legal-in-syria/ - Published: 2026-10-15T01:59:53.000Z - Updated: 2026-10-15T01:59:53.000Z - Description: Sanctions on Syria have eased since 2025, but broker eligibility, banking and local rules remain complex. Learn how JustMarkets' entities and restricted-country policy apply and what Syrian traders must verify. - Author: TD trader - Tags: JustMarkets, #Import 2026-10-16 14:21 Is JustMarkets legal in Syria? For years the question barely needed asking: comprehensive international sanctions meant that almost no international broker would accept Syrian residents, and Syrian banks were largely cut off from the global financial system. Since 2025, that picture has started to change. Major Western sanctions programmes have been lifted or scaled back, and Syrian traders are increasingly asking whether online brokers such as JustMarkets are now open to them. This guide gives a careful, neutral answer. It explains what has changed in the sanctions landscape, which Syrian institutions are relevant, how JustMarkets' own eligibility rules work, what practical obstacles remain around banking and payments, and how to protect yourself from the many scams that target traders in post-conflict economies. Where the situation is still moving, we say so and tell you exactly what to verify. The first practical step is to see whether you can register at all, so you may want to [check JustMarkets' current country eligibility on its official site](https://one.justmarkets.link/a/79iqw0j6nj/) before reading the details below. ## Bottom Line for Syrian Traders - **No Syrian licence.** JustMarkets does not list any licence from a Syrian authority on its official regulations page. - **Foreign regulation only.** The group's companies are supervised in Seychelles, Cyprus, South Africa, Mauritius and the British Virgin Islands. - **Eligibility is the first hurdle.** JustMarkets states that it does not serve residents of certain jurisdictions, including countries subject to international sanctions. Whether Syria is currently accepted depends on the broker's latest compliance decisions after the 2025 sanctions changes. Only the broker can confirm this. - **Payments remain the practical bottleneck.** Even where registration is possible, getting money in and out may be difficult. - **Local legal position is unclear.** Syrian rules on foreign currency and on dealing with foreign financial providers should be checked with Syrian authorities or a Syrian lawyer. If you remember one thing from this article: *never try to bypass a broker's country restrictions by giving false residency details or using someone else's documents.* That can lead to frozen funds, closed accounts and possible legal consequences. ## Sanctions: What Changed in 2025 Sanctions are the single most important factor for any Syrian thinking about an international broker, because brokers, banks and payment processors all screen against them. ### United States According to the US Treasury's Office of Foreign Assets Control (OFAC), the broad US sanctions programme on Syria was removed with effect from 1 July 2025\. Later, the Caesar Syria Civilian Protection Act, which had created the threat of secondary sanctions on foreign companies dealing with Syria, was repealed in December 2025\. Targeted sanctions on specific individuals and entities, such as those linked to the former regime, terrorism or other concerns, continue under separate programmes. ### European Union The Council of the EU adopted legal acts in late May 2025 lifting its economic sanctions on Syria, while keeping certain measures based on security grounds and listings of specific persons. ### Why brokers still hesitate Even after sanctions are lifted, financial firms often move slowly. Reasons include: - Remaining targeted listings that require careful customer screening. - Higher anti-money-laundering risk ratings for countries emerging from conflict. - Limited correspondent banking relationships, making payments hard to process. - Uncertainty over whether policies might change again. So "sanctions have been lifted" does not automatically translate into "every broker accepts Syrian clients". Each firm makes its own risk decision. ## Syrian Financial Regulators and Markets Several Syrian institutions are relevant to traders: | Institution | General role | | ------------------------------------------------------------- | -------------------------------------------------------------------------------------- | | Syrian Commission on Financial Markets and Securities (SCFMS) | Supervises the securities market, listed companies, brokerage firms and market conduct | | Damascus Securities Exchange (DSE) | The domestic stock exchange, which resumed trading in 2025 after a suspension | | Central Bank of Syria | Monetary policy, banking supervision and foreign exchange rules | None of these bodies supervises JustMarkets. Leveraged online forex and CFD trading with foreign brokers is not something the Syrian domestic framework was designed around, and the country's foreign-currency rules have historically been strict. Because regulations are being revised as the economy reopens, check the latest guidance from the Central Bank of Syria and the SCFMS, or speak with a Syrian lawyer, before trading with any foreign platform. ### Foreign currency considerations Historically, dealing in foreign currency outside official channels has been heavily restricted in Syria. Some rules have been relaxed as part of the reopening, but the details matter, and enforcement practice may differ from what is written. This is a key reason to seek local legal advice. ## Who Is JustMarkets? Entities and Licences JustMarkets was established in 2012 as JustForex and has operated as JustMarkets since 2022\. It works through several licensed companies. As disclosed on its official website at the time of writing: | Company | Regulator | Comment | | -------------------------------- | ------------------- | -------------------------------------------- | | Just Global Markets Ltd | Seychelles FSA | Securities dealer; main international entity | | JustMarkets Ltd | CySEC (Cyprus) | EU investment firm with its own EU website | | Just Global Markets (PTY) Ltd | FSCA (South Africa) | Financial services provider | | Just Global Markets (MU) Limited | FSC Mauritius | Investment dealer | | Just Global Markets (VG) Limited | BVI FSC | Investment business licence | For a client outside Europe, the account would usually be held by one of the offshore entities. That means higher leverage is possible but statutory investor protections are thinner than in top-tier jurisdictions. Our background article on [JustMarkets' country of origin](https://forexbrokerguides.ghost.io/which-country-is-justmarkets-from/) explains how the group developed. ## What Offshore Regulation Means in Practice It is easy to read "regulated by five authorities" and assume that every client enjoys the same protection. In reality, each JustMarkets company answers only to its own regulator, and the level of protection differs between them. ### What a regulator like the FSA Seychelles or FSC Mauritius typically does - Grants a licence after reviewing ownership, management and business plans. - Sets minimum capital and reporting requirements. - Requires anti-money-laundering and customer-identification procedures. - Can investigate complaints and take enforcement action against its licensees. ### What it usually does not provide - A statutory compensation fund comparable to the EU or UK schemes. - Strict retail leverage caps of the kind used in Europe or Australia. - An easy, local-language dispute service for clients living far away. ### Why this matters more for Syrian clients Where a client's own country offers no supervision of the broker and banking channels are fragile, the foreign regulator is the only formal safety net. Before depositing, find out how to file a complaint with the regulator of your contracting entity, and keep records in a form you could submit if needed. Related reading: our guide to [JustMarkets' trading rules for short-term strategies](https://forexbrokerguides.ghost.io/does-justmarkets-allow-scalping/), which also explains how execution policies are documented. ## Is JustMarkets Legal in Syria? Eligibility and Restricted Jurisdictions The legal question for a Syrian resident has two halves: **does the broker accept you**, and **do Syrian rules allow you** to trade this way. ### The broker's side The footer of JustMarkets' website states that it does not offer services to residents and citizens of certain jurisdictions, naming several countries explicitly and adding "countries subject to international sanctions". The registration form's country list and the client agreement are the definitive sources. After the 2025 changes, the broker may have updated, or may still be reviewing, its position on Syria. How to check properly: 1. Open the official registration page by typing the address yourself. 2. See whether Syria appears in the country-of-residence list. 3. Read the restricted-jurisdictions clause in the client agreement. 4. If in doubt, ask the broker's support team in writing and keep the reply. If Syria is not accepted, do not try to register with a different country, a foreign address you do not live at, or a relative's identity. Brokers verify documents and can freeze accounts and withhold profits when they discover a mismatch. ### The Syrian side Even where a broker accepts Syrian residents, local law may restrict sending foreign currency abroad, holding funds with foreign providers or trading leveraged derivatives. Syria's regulatory framework is being revised, so the safest course is to: - check public announcements from the Central Bank of Syria and the SCFMS; - ask a licensed Syrian bank what transfers are permitted for this purpose; - consult a Syrian lawyer if you intend to trade with meaningful sums. ### Diaspora Syrians Many Syrians live in Turkey, Jordan, Lebanon, the Gulf or Europe. Brokers generally decide eligibility by your country of *residence* and verify it with proof of address, so the rules of your country of residence apply. Readers in neighbouring countries can see our guides on [JustMarkets in Jordan](https://forexbrokerguides.ghost.io/is-justmarkets-legal-in-jordan/) and [JustMarkets in Turkey](https://forexbrokerguides.ghost.io/is-justmarkets-legal-in-turkey/). Citizenship can also matter, because some brokers restrict citizens as well as residents of certain countries, so read the clause carefully. ## Banking, Payments and Moving Money For Syrian traders the hardest part is often not the trading platform but the money flow. ### International banking connections The easing of sanctions has opened the door to Syrian banks re-establishing correspondent relationships and using international messaging networks again, but this process takes time. Many foreign banks and payment processors still apply enhanced checks, and some decline Syrian-linked transactions as a matter of internal policy. ### Cards and e-wallets International card networks and major e-wallets have had limited or no availability for Syrian residents for many years. Availability may change, but check each provider's current terms rather than assuming that a method used abroad will work inside Syria. ### Crypto Crypto is sometimes presented as a workaround. Be cautious: - Crypto exchanges also screen users by country and may restrict Syrian residents. - Peer-to-peer crypto purchases carry high counterparty and fraud risk. - Sending to the wrong network or address is irreversible. - Local legal treatment of crypto may be restrictive; take advice. ### Never use intermediaries who hold your money "Agents" who offer to deposit for you, or who ask you to transfer to their personal account so they can fund your broker account, are a major fraud risk. If they disappear, you have no recourse. ## Account Types, Costs and Margin Rules If you can open an account, these are the main JustMarkets options according to its public account pages at the time of writing: | Account | Published minimum deposit | Pricing | Notes | | ------------- | ------------------------- | ---------------------------------------------------------- | -------------------------------------------- | | Standard | About USD 10 | Spreads from 0.3 pips, no commission | General-purpose account | | Standard Cent | About USD 10 | Spreads from 0.3 pips, cent-sized lots | Learning with tiny positions | | Pro | About USD 200 | Spreads from 0.1 pips, no commission | Tighter spreads for active traders | | Raw Spread | About USD 200 | Spreads from 0 pips plus fixed commission per lot per side | Suited to high-frequency and scalping styles | All of these list a **40% margin call** and **20% stop-out**. A swap-free option is advertised for eligible clients, which matters for many Syrian Muslim traders; read its conditions carefully and seek religious advice about leveraged trading if relevant. ### Account currency The Syrian pound is not among the listed account currencies, so most users would use USD. Conversion costs and the local exchange rate environment then become part of your trading costs. Once you know whether you are eligible, you can [review the JustMarkets account line-up and trading conditions](https://one.justmarkets.link/a/79iqw0j6nj/) in detail and decide whether a low-deposit Standard or Cent account suits a cautious start. ### Leverage Maximum leverage published for some offshore accounts reaches 1:3000\. High leverage combined with an unstable internet connection is a dangerous mix: you could be unable to close a position during a fast market move. Choose a low leverage setting and always use stop-loss orders. ## Platforms and Connectivity JustMarkets offers MetaTrader 4 and MetaTrader 5 for Windows and Mac, a browser-based WebTrader, its own mobile app and the MetaTrader mobile apps. ### Connectivity tips - **Power and internet interruptions** are common in parts of Syria. Place stop-loss and take-profit orders on the server when you open a trade, so they work even if you lose connection. - **Use the mobile app as a backup** on a different network (for example, mobile data if your home internet fails). - **App store availability** may be limited in some regions. Only install apps from official stores or links on the broker's official site; never install APK files sent through chats. - **VPN use** to disguise your location can breach broker terms and lead to account closure. Do not use one to get around eligibility rules. Detailed desktop instructions are in our guide to [getting JustMarkets running on a PC](https://forexbrokerguides.ghost.io/how-to-download-justmarkets-on-pc/). ## Scenarios With Hypothetical Numbers These scenarios are invented to explain how risk works. They are not predictions. ### Scenario 1: A connection drop Omar opens 0.5 lots of EUR/USD with an account balance of USD 400\. Each pip is worth about USD 5\. His internet fails for two hours and the market moves 50 pips against him: a loss of about USD 250\. If he had placed a 20-pip stop-loss on the server, his loss would have been limited to about USD 100. ### Scenario 2: Smaller size, same idea Had Omar traded 0.05 lots instead, the same 50-pip adverse move would cost about USD 25, around 6% of his balance. Position size is the main risk control available to you. ### Scenario 3: Payment costs Suppose moving money to and from a broker through available channels costs a hypothetical 4% each way. A trader depositing USD 500 and later withdrawing it would lose around USD 40 to fees alone. In environments with expensive payment routes, frequent small deposits and withdrawals are particularly costly. ### Scenario 4: Stop-out levels If positions use USD 150 of margin, the margin call comes at USD 60 of equity (40%) and stop-out closures start at USD 30 (20%). Write these numbers down before trading so you are not surprised. ## Scams and Warning Signs Periods of economic reopening attract fraudsters. People are eager for opportunities, regulation is still catching up, and banking channels are limited. Watch for: - **"Now that sanctions are lifted" pitches** promising guaranteed returns from forex or gold. - **Fake broker representatives** on Facebook, WhatsApp or Telegram who say they can "open an account for Syrians" through a special channel. - **Requests to pay agents personally** or through informal money transfer networks. - **Offers to register you under another country** using borrowed documents. - **Account management with profit sharing**, where someone asks for your login. - **Recovery services** claiming they can retrieve money lost to earlier scams for an upfront fee. A genuine broker communicates through its official website, client area and listed support channels. It does not need you to send money to a private person. ## Step-by-Step Safety Checklist 1. **Confirm eligibility** on the official JustMarkets registration page and in the client agreement. 2. **Check Syrian rules** with the Central Bank of Syria, the SCFMS, your bank or a lawyer. 3. **Check sanctions screening.** Make sure neither you nor any intermediary appears on a sanctions list; reputable brokers will check this anyway. 4. **Identify the contracting entity** and verify it on the regulator's official register. 5. **Use only official domains and apps.** 6. **Open a demo account** and practise, including placing server-side stop-losses. 7. **Plan your payment route** and its full costs before depositing. 8. **Deposit a small amount first** and test a withdrawal. 9. **Use low leverage and fixed risk per trade.** 10. **Protect your accounts** with strong passwords and two-factor authentication. 11. **Keep documentation** of all transactions and correspondence. 12. **Review every few months,** as both sanctions and Syrian rules are evolving. ## Comparing Your Options | Option | Legal clarity | Practicality | Main risks | | -------------------------------------------------------- | ------------------------------ | ------------------------------- | -------------------------------------------- | | Wait until rules and banking settle | Highest | No trading for now | Opportunity cost only | | Domestic investing via the Damascus Securities Exchange | Supervised locally | Limited product range | Market and liquidity risk | | Offshore broker that explicitly accepts Syrian residents | Medium; depends on local rules | Payment routes may be difficult | Leverage, no local recourse, transfer issues | | Registering under false details or via an agent | None | Appears easy | Frozen funds, fraud, legal exposure; avoid | For context on how other countries in the region compare, see our guide on [JustMarkets in Palestine](https://forexbrokerguides.ghost.io/is-justmarkets-legal-in-palestine/), another market where banking and access issues shape the answer. ## FAQ ### Does JustMarkets accept clients from Syria? The broker excludes residents of certain jurisdictions, including countries under international sanctions. Because sanctions changed in 2025, check the current country list on the official registration page and confirm with support in writing. ### Is JustMarkets regulated in Syria? No. JustMarkets does not list a Syrian licence. Its licences are from Seychelles, Cyprus, South Africa, Mauritius and the BVI. ### Have the sanctions on Syria been lifted? Broad US sanctions were removed from 1 July 2025 and the Caesar Act was repealed in December 2025; the EU lifted its economic sanctions in May 2025\. Targeted sanctions on specific persons and some security-related measures remain. Check official government sources for the latest details. ### Can I use a VPN to register? No. Misrepresenting your location breaches broker terms and can result in frozen funds. It may also raise legal issues. ### Can I open an account in Syrian pounds? SYP is not among the listed account currencies. USD is the usual choice. ### How can I deposit from Syria? Options depend on your bank and on which providers serve Syria. Avoid personal agents. Check each method's terms and costs before using it. ### Is my money protected? Offshore entities generally do not offer a statutory compensation scheme comparable to top-tier jurisdictions, and Syrian authorities cannot intervene. Keep balances small. ### Does JustMarkets offer Islamic accounts? A swap-free option is advertised for eligible clients, subject to conditions. ### I live outside Syria. Which rules apply? Generally your country of residence, but some brokers also consider citizenship. Read the restricted-jurisdictions clause. ## Glossary - **OFAC:** the US Treasury office that administers US sanctions. - **Caesar Act:** US law that imposed secondary-sanctions risk on dealings with Syria; repealed in December 2025. - **SCFMS:** Syrian Commission on Financial Markets and Securities. - **DSE:** Damascus Securities Exchange. - **Correspondent banking:** relationships allowing banks to make payments in other countries and currencies. - **Restricted jurisdiction:** a country whose residents a broker will not accept. - **KYC:** "know your customer" identity and address checks. - **Server-side stop-loss:** an order stored on the broker's server that executes even if your device is offline. - **Margin call / stop-out:** 40% warning and 20% automatic-closure levels at JustMarkets. - **Swap-free:** an account type without overnight interest, subject to conditions. ## Final Thoughts: Is JustMarkets Legal in Syria? Is JustMarkets legal in Syria? There is no simple yes. JustMarkets holds no Syrian licence, its eligibility rules exclude sanctioned jurisdictions, and while Western sanctions on Syria have eased substantially since 2025, brokers, banks and Syrian regulators are still adjusting. The real answer depends on whether the broker currently accepts Syrian residents, what Syrian law permits today and whether you have a reliable, legitimate way to move money. Take it step by step: verify eligibility honestly, check local rules, never use agents or false details, start small and keep leverage low. Waiting a little longer for clarity is a perfectly sensible choice. **🔥 Your next move:** [visit JustMarkets to confirm whether Syrian residents can sign up today](https://one.justmarkets.link/a/79iqw0j6nj/), and only proceed once both the broker and local rules give you a clear green light. ## 📌 Important: CFD Risk Warning and Disclosure CFDs and leveraged forex products are complex instruments and come with a high risk of losing money rapidly due to leverage. Many retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not a reliable indicator of future results. *Disclaimer: this article is general information only and is not financial, investment, tax or legal advice. Laws, licences and broker conditions change, and we cannot guarantee that every detail is current. Always verify the latest position with the official regulator in your country and on the broker's official website, and consider independent professional advice before trading.* 🔗 Affiliate notice: we may earn a referral commission when readers open accounts via links here; your costs stay the same.