Comparison of Alpari and JustMarkets
| Feature | Alpari | JustMarkets |
|---|---|---|
| Broker | ||
| Year Founded | 1998 | 2012 |
| Broker Type | ECN, MM | STP |
| Dealing | A-book, B-book | A-book |
| Execution | Market | Market |
| Regulation | MISA, NBRB | FSA, CySEC, FSC, FSCA, FSC |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Spread | ⮕ Average | ⬊ Low |
| Maximum Leverage | 1:3000 | 1:3000 |
| Minimum Deposit | $50 | $1 |
| Base Currencies | USD, EUR | USD, EUR, GBP, JPY, ZAR, CNY, MYR, IDR, THB, VND, KWD |
| Funding Methods | Bank Wire, Credit Card, Debit Card, WebMoney, Skrill, Neteller, Wallet One, Volet.com, VLoad, TC Pay, Perfect Money, Tether (USDT) Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Zcash (ZEC) | Bank Wire, Credit/Debit Cards (Visa/Mastercard), Skrill, Neteller, Perfect Money, SticPay, Airtm, Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), USD Coin (USDC) |
| Inactivity Fee | $5 per month after 6 months | $5/month after 150 days of inactivity |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | Financialcommission.org | Investor Compensation Fund (ICF) |
| Protection Size | €20 000 | €20 000 |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✔ |
| Guaranteed Stop Loss | ✖ | ✖ |
| Copy Trading | ✖ | ✔ |
| VPS | ✖ | ✖ |
| MAM/PAMM | ✔ | ✔ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✖ | ✔ |
| Tradable Assets (CFDs) | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies | Currencies, Indices, Stocks (CFDs), Cryptocurrencies, Metals, Energies |
| Review | Alpari Review | JustMarkets Review |
About Alpari
Alpari is one of the most established names in the Forex trading world, with a history dating back to 1998. The broker has built a solid reputation, particularly among traders in emerging markets, for offering a broad range of financial instruments and account types that cater to both beginners and experienced traders. Alpari provides access to Forex, commodities, indices, and cryptocurrencies, with platform options including MetaTrader 4 and MetaTrader 5, two of the most popular trading platforms globally. The broker also offers social trading features, allowing clients to copy the strategies of more experienced traders. With a long track record and diverse offerings, Alpari aims to deliver flexibility and convenience. Additionally, Alpari offers multiple deposit and withdrawal methods, which is a major advantage for traders worldwide. However, it is important to note that while Alpari has a strong presence in many regions, it is not regulated by top-tier authorities, which may be a concern for some traders. Despite this, Alpari maintains a significant customer base and continues to attract clients with its competitive spreads and educational resources.
Pros
- Established broker with over two decades of experience in the industry
- Provides MetaTrader 4 and MetaTrader 5 platforms
- Offers a PAMM feature for those interested in investing
- Comprehensive research and educational resources
- Competitive spreads and flexible leverage options
- Multiple payment methods for deposits and withdrawals
Cons
- Lack of regulation from top-tier financial authorities
- Customer support quality may vary depending on the region
- No proprietary trading platform available
About JustMarkets
JustMarkets is a forex and CFD broker that traces its roots to the JustForex brand and serves retail traders across multiple regions. The broker provides access to a broad mix of markets-forex, indices, metals, energies, stocks and cryptocurrencies-on MetaTrader 4 and MetaTrader 5 as well as a mobile trading app. The account lineup is straightforward: Standard Cent and Standard for accessible entry, Pro for tighter spreads with no commission, and Raw Spread for 0.0-pip pricing with a per-lot commission. Safeguards and terms depend on the entity you register with. The group operates through several regulated companies (including CySEC in the EU, FSCA in South Africa, and FSA Seychelles), maintains segregated client funds and offers negative balance protection. Global clients can access high leverage-up to 1:3000 under non-EU entities-while EU retail leverage is capped at 1:30 (with higher limits for eligible Professional clients). Combined with copy trading, MAM options and multilingual support, JustMarkets aims to balance ease of use with tools for more active traders.
Pros
- Multi-jurisdiction regulation
- Account choice incl. Cent, Pro and Raw
- High global leverage up to 1:3000
- Copytrading mobile app; MAM support for money managers
- Negative balance protection; segregated client funds
- Broad base currencies and local/crypto payments
Cons
- Inactivity fee after 150 days of no trading
- Instrument catalogue smaller than top multi-asset brokers
Alpari & JustMarkets Regulation
| Feature | Alpari | JustMarkets |
|---|---|---|
Companies | Alpari (Comoros) Ltd, Alpari Eurasia LLC | Just Global Markets Ltd; Just Global Markets (MU) Limited; JustMarkets Ltd; Just Global Markets (Pty) Ltd; GMFT Services Ltd |
Countries | Comoros, Belarus | Seychelles, Cyprus, Mauritius, South Africa |
Regulators | MISA, NBRB | FSA, CySEC, FSC, FSCA, FSC |
Investor Protection | Financialcommission.org | Investor Compensation Fund (ICF) |
Investor Protection Size | €20 000 | €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
| Account | Alpari | JustMarkets |
|---|---|---|
Market Maker Account | ||
| Account Name | Standard | Standard |
| Min Deposit | $50 | $1 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0.3 | 1 |
| Fee | No | No |
| Max Leverage | 1:1000 | 1:3000 |
| Stop Out | 20% | 20% |
| Margin Call | 50% | 40% |
STP Account | ||
| Account Name | — | Pro |
| Min Deposit | — | $100 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0.6 |
| Fee | — | No |
| Max Leverage | — | 1:3000 |
| Stop Out | — | 20% |
| Margin Call | — | 40% |
ECN Account | ||
| Account Name | ECN | — |
| Min Deposit | $300 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 0.1 | — |
| Fee | $5 per 1 lot | — |
| Max Leverage | 1:3000 | — |
| Stop Out | 50% | — |
| Margin Call | 80% | — |
Zero Account | ||
| Account Name | — | Raw Spread |
| Min Deposit | — | $100 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0.0 |
| Fee | — | $6 per 1 lot |
| Max Leverage | — | 1:3000 |
| Stop Out | — | 20% |
| Margin Call | — | 40% |
Cent Account | ||
| Account Name | — | Standard Cent |
| Min Deposit | — | $1 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0.9 |
| Fee | — | No |
| Max Leverage | — | 1:1000 |
| Stop Out | — | 20% |
| Margin Call | — | 40% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Binary Options | ||
| Account | Fix-Contracts | — |
| Minimum Deposit | $50 | — |
| Option Types | Call/Put, Touch, Range, Spread, Turbo, Express | — |
| Minimum Stake | $1 | — |
| Payout | from 40% to 95% | — |
| Expiration Time | from 5 seconds to 1 day | — |
Funding and Fees
| Feature | Alpari | JustMarkets |
|---|---|---|
Base currencies | USD, EUR | USD, EUR, GBP, JPY, ZAR, CNY, MYR, IDR, THB, VND, KWD |
Deposit and withdrawal methods | Bank Wire, Credit Card, Debit Card, WebMoney, Skrill, Neteller, Wallet One, Volet.com, VLoad, TC Pay, Perfect Money, Tether (USDT) Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Zcash (ZEC) | Bank Wire, Credit/Debit Cards (Visa/Mastercard), Skrill, Neteller, Perfect Money, SticPay, Airtm, Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), USD Coin (USDC) |
Inactivity fee | $5 per month after 6 months | $5/month after 150 days of inactivity |
Interest on margin | ||
Withdrawal fee |
Trading Platforms and Conditions
| Feature | Alpari | JustMarkets |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
Execution Speed | 0.1 ms | - |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | average | low |
Trading Assets
| Asset | Alpari | JustMarkets |
|---|---|---|
Currencies | 46 | 61 |
Indices | 12 | 13 |
Stocks | 631 | 163 |
Cryptocurrencies | 9 | 9 |
Bonds | 0 | 0 |
Metals | 2 | 7 |
Energies | 3 | 3 |
Soft Commodities | 0 | 0 |
ETFs | 0 | 0 |
Education and Analytics
| Feature | Alpari | JustMarkets |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Customer Support
| Contact | Alpari | JustMarkets |
|---|---|---|
Email | support@alpari.im | support@justmarkets.com |
Phone | +44 2045 771951 | +37167881045 |
Telegram | — | Telegram |
Facebook | — | |
LinkedIn | — | |
YouTube | YouTube | — |
Instagram | — | |
Twitter | — |
Which Broker is Better?
After comparing Alpari and JustMarkets, JustMarkets comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.