Comparison of JustMarkets and XM
| Feature | JustMarkets | XM |
|---|---|---|
| Broker | ||
| Year Founded | 2012 | 2009 |
| Broker Type | STP | MM |
| Dealing | A-book | B-book |
| Execution | Market | Market |
| Regulation | FSA, CySEC, FSC, FSCA, FSC | BFSC, CySEC, ASIC, DFSA |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Spread | ⬊ Low | ⬊ Low |
| Maximum Leverage | 1:3000 | 1:1000 |
| Minimum Deposit | $1 | $5 |
| Base Currencies | USD, EUR, GBP, JPY, ZAR, CNY, MYR, IDR, THB, VND, KWD | USD, EUR, GBP, AUD, CHF, JPY, PLN, ZAR, SGD, HUF |
| Funding Methods | Bank Wire, Credit/Debit Cards (Visa/Mastercard), Skrill, Neteller, Perfect Money, SticPay, Airtm, Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), USD Coin (USDC) | Bank Wire, Credit Card, Debit Card, FasaPay, Giropay, IDEAL, Jeton, Mobile Money, MuchBetter, Neteller, NganLuong, Paysafecard, Perfect Money, POLi, Przelewy24, Skrill, STICPAY, Trustly, China UnionPay, WebMoney |
| Inactivity Fee | $5/month after 150 days of inactivity | $15 after 12 months |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | Investor Compensation Fund (ICF) | 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 (CFDs), Cryptocurrencies, Metals, Energies | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies, Soft Commodities |
| Review | JustMarkets Review | XM Review |
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
About XM
XM is a globally recognized forex and CFD broker established in 2009. Regulated by reputable financial authorities such as the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (ASIC), XM provides a secure and transparent trading environment. The broker offers access to over 1000 financial instruments, including forex pairs, commodities, indices, metals, and energies, catering to both novice and experienced traders. One of XM's standout features is its commitment to client education and support. The broker provides extensive educational resources like webinars, tutorials, and market analyses to help traders make informed decisions. With multiple account types, competitive spreads, and support for popular trading platforms like MetaTrader 4 and MetaTrader 5, XM aims to deliver a flexible and user-friendly trading experience tailored to individual needs.
Pros
- Regulated by reputable authorities
- Wide range of trading instruments
- Multiple account types
- Competitive spreads and leverage
- Comprehensive educational resources
- Advanced trading platforms
- Multilingual customer support
Cons
- Inactivity fees
- Restricted in certain countries
JustMarkets & XM Regulation
| Feature | JustMarkets | XM |
|---|---|---|
Companies | Just Global Markets Ltd; Just Global Markets (MU) Limited; JustMarkets Ltd; Just Global Markets (Pty) Ltd; GMFT Services Ltd | XM Global Limited, Trading Point Of Financial Instruments Ltd, Trading Point of Financial Instruments Pty Limited, Trading Point MENA Limited |
Countries | Seychelles, Cyprus, Mauritius, South Africa | Belize, Cyprus, Australia, United Arab Emirates |
Regulators | FSA, CySEC, FSC, FSCA, FSC | BFSC, CySEC, ASIC, DFSA |
Investor Protection | Investor Compensation Fund (ICF) | Investor Compensation Fund (ICF) |
Investor Protection Size | €20 000 | €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
| Account | JustMarkets | XM |
|---|---|---|
Market Maker Account | ||
| Account Name | Standard | Standard |
| Min Deposit | $1 | $5 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 1 | 1.6 |
| Fee | No | No |
| Max Leverage | 1:3000 | 1:1000 |
| Stop Out | 20% | 20% |
| Margin Call | 40% | 50% |
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% | — |
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 | Micro |
| Min Deposit | $1 | $5 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0.9 | 1.6 |
| Fee | No | No |
| Max Leverage | 1:1000 | 1:1000 |
| Stop Out | 20% | 20% |
| Margin Call | 40% | 50% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Funding and Fees
| Feature | JustMarkets | XM |
|---|---|---|
Base currencies | USD, EUR, GBP, JPY, ZAR, CNY, MYR, IDR, THB, VND, KWD | USD, EUR, GBP, AUD, CHF, JPY, PLN, ZAR, SGD, HUF |
Deposit and withdrawal methods | Bank Wire, Credit/Debit Cards (Visa/Mastercard), Skrill, Neteller, Perfect Money, SticPay, Airtm, Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), USD Coin (USDC) | Bank Wire, Credit Card, Debit Card, FasaPay, Giropay, IDEAL, Jeton, Mobile Money, MuchBetter, Neteller, NganLuong, Paysafecard, Perfect Money, POLi, Przelewy24, Skrill, STICPAY, Trustly, China UnionPay, WebMoney |
Inactivity fee | $5/month after 150 days of inactivity | $15 after 12 months |
Interest on margin | ||
Withdrawal fee |
Trading Platforms and Conditions
| Feature | JustMarkets | XM |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
Execution Speed | - | 0 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | low |
Trading Assets
| Asset | JustMarkets | XM |
|---|---|---|
Currencies | 61 | 55 |
Indices | 13 | 50 |
Stocks | 163 | 1307 |
Cryptocurrencies | 9 | 58 |
Bonds | 0 | 0 |
Metals | 7 | 3 |
Energies | 3 | 3 |
Soft Commodities | 0 | 8 |
ETFs | 0 | 0 |
Education and Analytics
| Feature | JustMarkets | XM |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Bonuses
| Bonus | JustMarkets | XM |
|---|---|---|
| Welcome Bonus | ||
| Is available | ||
| Size | — | 100%, up to $5000 |
| Details | — | Learn More |
Contests
| Feature | JustMarkets | XM |
|---|---|---|
| Live Contests | ||
| Is available | ||
| Contests List | — |
|
- StarterStart Balance: $500 · Prize Pool: $15000 · Period: WeeklyLearn More
- ProStart Balance: $1000 · Prize Pool: $30,000 · Period: WeeklyLearn More
Customer Support
| Contact | JustMarkets | XM |
|---|---|---|
Email | support@justmarkets.com | support@xm.com |
Phone | +37167881045 | +5012236696 |
Telegram | Telegram | — |
Facebook | — | |
LinkedIn | ||
YouTube | — | YouTube |
Instagram | — | |
Twitter | ||
TikTok | — | TikTok |
Which Broker is Better?
After comparing JustMarkets and XM, XM 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.