7 minute read
JustMarkets vs Bybit: Which Broker Is Right for You?
from JustMarkets
by Exness_India
When choosing between JustMarkets and Bybit, your trading needs, risk tolerance, and asset preferences are the decisive factors. JustMarkets is a traditional forex and CFD broker catering to retail and professional traders alike. Bybit, on the other hand, is a leading cryptocurrency derivatives exchange, primarily designed for crypto-savvy users. If you’re trying to decide between the two, the answer lies in what you're trading and how you prefer to trade. Let’s dive straight into the comparison to help you determine which broker is right for you.
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JustMarkets: Designed for Traditional Markets
JustMarkets is a multi-asset online broker specializing in forex, indices, commodities, and CFDs. It is known for its user-friendly MetaTrader 4 and MetaTrader 5 platforms, flexible account types, and competitive spreads.
The platform is best suited for those who want access to regulated financial markets. If you’re a trader looking to engage in forex, gold, oil, or stock indices, JustMarkets offers everything from micro-lot trading to ECN-style execution. Leverage can be as high as 1:3000 depending on your region, which appeals to traders aiming for high exposure.
One key advantage of JustMarkets is its regulatory framework. It operates under Just Global Markets Ltd., regulated by the Financial Services Authority (FSA) of Seychelles. While this is not as strict as Tier-1 regulators, it does offer a level of transparency and operational oversight.
Bybit: Focused on the Future of Crypto
Bybit is a rapidly growing cryptocurrency exchange known for its perpetual futures, options, and spot trading in the crypto space. It appeals mainly to crypto traders who are active, risk-tolerant, and prefer decentralized assets. Bybit allows you to trade top cryptocurrencies like BTC, ETH, SOL, and many altcoins with leverage up to 100x on some pairs.
If you're drawn to volatility, 24/7 trading, and opportunities in decentralized finance (DeFi), NFTs, and Web3 projects, Bybit is designed with you in mind. The platform is feature-rich, offering copy trading, grid bots, launchpad investments, and staking options for passive income.
What makes Bybit stand out is its aggressive innovation. It constantly adds new features like zero-fee trading, advanced order types, and institutional-grade tools like TradingView integration. However, unlike JustMarkets, Bybit is not regulated by any major financial authority, which might be a red flag for risk-averse users.
Which Platform Suits You Best?
Choose JustMarkets if you want:
· Regulated access to forex and CFDs
· A classic trading experience on MT4/MT5
· Diversified exposure to traditional assets
· Multiple account types with flexible trading conditions
· Lower risk tolerance and more regulatory assurance
JustMarkets is ideal if you are building a career in trading or investing through time-tested markets. It's particularly strong for technical traders who thrive on charting tools, fundamental news, and economic data events like NFP or CPI releases.
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Choose Bybit if you want:
· Full access to the cryptocurrency markets
· The ability to trade or invest 24/7 in crypto assets
· Exposure to DeFi, staking, launchpads, and NFTs
· Advanced crypto tools, bots, and high leverage
· Freedom from traditional financial regulations
Bybit is your go-to if you’re a crypto native or enthusiast looking for fast-paced, high-risk, high-reward opportunities. The potential for gains is massive, especially during bull runs. However, the lack of regulatory oversight means your funds might not be as secure in extreme scenarios.
Trading Platforms and User Experience
JustMarkets operates on MetaTrader 4 and 5 — the industry standards for forex and CFD traders. These platforms offer expert advisors (EAs), technical indicators, and custom strategies. If you’re used to backtesting, automated trading, and a clean charting interface, JustMarkets gives you that comfort.
Bybit, meanwhile, has its own proprietary platform. It’s modern, slick, and optimized for crypto derivatives. Features like one-click trading, live market depth, and TradingView charts make it suitable for high-frequency or intraday crypto traders. The mobile app is also top-tier, giving full trading functionality on the go.
In essence, JustMarkets is ideal for forex purists, while Bybit is for the next generation of crypto-first traders.
Leverage and Risk
JustMarkets offers leverage up to 1:3000 on forex pairs, but such high leverage is typically restricted depending on your location or account type. Bybit, on the other hand, allows up to 100x leverage on crypto contracts, which is even riskier due to the inherent volatility of cryptocurrencies.
For novice traders, this level of leverage can be dangerous without a solid risk management strategy. While both platforms allow you to control larger positions with smaller capital, the margin for error is slim, especially on Bybit where price swings of 10% or more in a day are common.
If capital protection is your top priority, JustMarkets may offer a safer environment with better stop-loss functionalities and more predictable price behavior.
Regulation and Security
JustMarkets is registered and operates under offshore regulation (FSA Seychelles). It follows standard anti-money laundering (AML) and know-your-customer (KYC) protocols. Clients’ funds are kept in segregated accounts, and the broker does not use them for operational costs.
Bybit operates more like a tech platform than a regulated broker. While it does implement KYC and AML measures, it is not regulated by any top-tier financial authority like the FCA or ASIC. That said, it uses cold wallet storage, multi-signature wallets, and other industry best practices to safeguard user assets. Still, the crypto industry has a history of hacks and bankruptcies (e.g., FTX), so the lack of regulation remains a risk.
Fees and Commissions
JustMarkets earns money through spreads and commissions on ECN accounts. The spreads are competitive, starting from 0.0 pips on Raw Spread accounts with a small commission. For standard accounts, spreads are slightly wider but with no commission.
Bybit operates on a maker-taker fee model. Makers typically pay 0.01%, and takers pay 0.06% on perpetual contracts. This is extremely competitive in the crypto space. There are also occasional promotions offering zero-fee trading on specific pairs or during certain events.
If cost-efficiency is your main concern, both platforms offer low-cost environments, but Bybit's fees are more transparent and can be lower for active traders.
Education and Support
JustMarkets provides a wide range of educational tools, including webinars, economic calendars, trading calculators, and video tutorials. It is particularly beginner-friendly in helping new traders understand forex and CFDs.
Bybit also has a strong content library through its Bybit Learn section, which covers crypto concepts, trading strategies, and DeFi fundamentals. However, it is more tailored for users already familiar with blockchain and crypto trading.
In terms of customer support, both platforms offer 24/7 service via live chat. JustMarkets also supports multiple languages and has a more traditional support structure, whereas Bybit focuses on fast, in-app support for a younger, tech-savvy audience.
Final Verdict: Which Broker Is Right for You?
The choice between JustMarkets and Bybit comes down to what you’re trading and how much risk you’re willing to take. If you’re focused on forex, commodities, and traditional CFDs with regulatory oversight, JustMarkets is the better option. It provides a secure, well-rounded experience for both beginners and experienced traders in traditional markets.
However, if your passion lies in crypto, DeFi, and exploring innovative blockchain opportunities, and you're comfortable with higher risk, Bybit offers unmatched features in the crypto trading space. It’s ideal for traders who want exposure to a dynamic and evolving digital economy.
Ultimately, there’s no one-size-fits-all answer. You could even consider using both: JustMarkets for your traditional trading portfolio and Bybit for your crypto ventures. Whatever you choose, ensure it aligns with your financial goals, risk profile, and trading style.
✅ Trade with JustMarkets now: Open An Account or Visit Brokers 👈
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