7 minute read
JustMarkets vs FXTM: Which Broker Is Right for You?
from JustMarkets
by Exness_India
If you're stuck choosing between JustMarkets and FXTM, the best decision hinges on what type of trader you are and what your priorities are. To be clear right from the beginning: if you're looking for lower spreads, a wider range of account types, and flexible leverage with crypto trading included, JustMarkets may be your better choice. On the other hand, if regulation, local support in multiple regions, and a strong educational ecosystem are your top concerns, FXTM (ForexTime) stands out. Let’s break this down to help you make a confident, informed decision.
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Regulation and Trustworthiness: Is Your Broker Safe?
FXTM is heavily regulated across various jurisdictions. It’s licensed by the Financial Sector Conduct Authority (FSCA) in South Africa, the Financial Services Commission (FSC) in Mauritius, and most importantly, the Cyprus Securities and Exchange Commission (CySEC) for its EU operations. This multi-regulatory framework offers a strong sense of security, especially for traders concerned about transparency, client fund segregation, and dispute resolution procedures.
JustMarkets, by contrast, operates under the Financial Services Authority (FSA) of Seychelles. While this offshore regulation does provide some oversight, it's generally seen as less strict compared to CySEC or the FSCA. However, it allows JustMarkets more flexibility in terms of leverage and trading conditions, which can be a plus for high-risk or experienced traders. So, FXTM wins in regulation, but JustMarkets offers fewer restrictions.
Trading Platforms: MT4 and MT5 Are Standard, but Features Differ
Both brokers offer MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are industry standards. This means you can access automated trading, advanced charting, and mobile support on both platforms.
However, FXTM provides value-added features like a proprietary copy trading service called FXTM Invest, which allows beginners to follow strategies of more experienced traders. It’s a well-integrated system that works seamlessly within the FXTM ecosystem.
JustMarkets, on the other hand, supports copy trading too, but it's less mature and not as extensively promoted. Where JustMarkets shines is in its faster execution speeds and slightly more customizable trading conditions, especially for scalpers and algorithmic traders. So, for tech-savvy traders or those using EAs, JustMarkets may offer the edge.
Account Types and Minimum Deposits: Who Offers More Flexibility?
JustMarkets is known for its flexible account structure. You’ll find Cent, Standard, Pro, and Raw Spread accounts, with minimum deposits starting as low as $1. This flexibility makes it accessible to beginners and appealing to seasoned traders looking for raw spreads or high leverage. The Raw Spread account, for instance, gives institutional-grade pricing with commissions that are competitive.
FXTM also provides a range of accounts: Standard, Cent, and ECN-based options. However, their ECN and FXTM Pro accounts usually come with higher minimum deposit requirements. This makes FXTM slightly less accessible for small retail traders who are just starting.
If you're new to trading or want to experiment with a small budget, JustMarkets gives you a softer landing. If you’re planning to trade large volumes with an eye on compliance and global service, FXTM is structured to support that.
Spreads, Fees, and Leverage: The Cost of Trading
JustMarkets often beats FXTM in terms of raw trading costs. Spreads on the Raw account can go as low as 0.0 pips with competitive commission charges. Even on the Standard accounts, the spreads are generally tighter compared to FXTM.
FXTM’s Standard account spreads start from around 1.5 pips, which is slightly higher. Commission-free trading means the spreads are wider to compensate. FXTM’s ECN account lowers the spreads but introduces commissions, so in the end, your total trading cost might still be higher than with JustMarkets.
In terms of leverage, JustMarkets can go up to 1:3000, depending on the region and account type. FXTM usually caps leverage at 1:2000 for major forex pairs, again depending on your region and regulatory environment.
So if cost-efficiency and high leverage are part of your trading strategy, JustMarkets holds a clear advantage.
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Deposit & Withdrawal Options: Speed and Convenience Matter
Both brokers support a range of payment options: bank transfers, credit/debit cards, and e-wallets like Skrill and Neteller. However, JustMarkets is often praised for faster withdrawals and lower transaction fees. Some accounts even offer zero-fee withdrawals, and the process is generally completed within 1-2 business days.
FXTM, while reliable, may charge withdrawal fees depending on the method and region. Some users also report slower processing times, particularly for bank transfers.
If ease of fund management is important to you, JustMarkets offers a smoother, more cost-effective experience.
Education and Customer Support: Who Helps You Grow?
FXTM excels in education. It has a rich library of webinars, tutorials, articles, and even live trading sessions tailored for beginners and intermediate traders. The broker’s multilingual support is a big plus, especially if English is not your first language.
JustMarkets also offers educational content, but it’s not as comprehensive or structured as FXTM’s offerings. If you’re learning the ropes or prefer having educational guidance from your broker, FXTM is the better choice.
Customer support is available 24/5 on both platforms, but FXTM covers more local languages and has offices in multiple countries. This could be a deciding factor if you’re trading from a region where FXTM has strong local presence.
Market Instruments: What Can You Trade?
JustMarkets offers over 170 instruments, including forex, indices, commodities, shares, and cryptocurrencies. The inclusion of crypto CFDs is a big plus for traders who want access to digital assets.
FXTM, while covering all major asset classes like forex, metals, and indices, does not currently offer crypto trading in all jurisdictions. The instrument list is also more focused on traditional markets.
If diversification into digital assets is a priority, JustMarkets gives you more freedom. Otherwise, FXTM’s depth in forex and equities remains strong and competitive.
Bonus Programs and Promotions: Extra Value?
JustMarkets frequently runs bonus campaigns like deposit bonuses, cashback, and trading contests. This is particularly attractive to retail traders looking to boost their capital or engage in the trading community.
FXTM is more conservative with bonuses, especially in regions regulated by stricter authorities. While it occasionally offers promotions, they’re usually targeted and limited.
If you value trading incentives, JustMarkets has more to offer in this area.
Final Verdict: Which Broker Is Right for You?
If you’re looking for a broker that offers low spreads, a wider range of account types, high leverage, fast execution, and access to crypto — JustMarkets is likely the better choice. It’s ideal for experienced traders, scalpers, and those who prioritize cost-efficiency and trading flexibility.
However, if regulation, client fund safety, structured education, and localized support are your top concerns, then FXTM is the safer bet. It's perfect for beginner traders who need handholding, value regulatory peace of mind, and want to grow with a globally recognized brand.
There’s no one-size-fits-all broker, but knowing your own priorities will help you pick the right platform. For cost-conscious traders with technical skills and a taste for risk, JustMarkets is hard to beat. For those focused on long-term stability, regulation, and guided learning, FXTM delivers a more secure, educational experience.
Choose based on what matters most to you — not just which broker sounds better on paper.
✅ Trade with JustMarkets now: Open An Account or Visit Brokers 👈
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