7 minute read
JustMarkets vs MultiBank: Which Broker Is Right for You?
from JustMarkets
by Exness_India
Choosing the right broker is a critical decision for any trader. If you’re stuck between JustMarkets and MultiBank, you’re not alone. Both platforms offer strong features, but which one is the better fit for your trading needs? This article goes straight to the point, breaking down what truly matters: regulation, trading conditions, platform support, account types, and overall user experience. By the end, you’ll know exactly which broker is right for you.
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Regulation and Trustworthiness: Which Broker Offers Better Security?
When it comes to trust, regulation is non-negotiable. JustMarkets is regulated by the Financial Services Authority (FSA) of Seychelles, a common offshore regulator. While it meets the minimum legal standards, it doesn’t offer the robust investor protection you'd find with top-tier regulatory bodies like the FCA or ASIC.
MultiBank, on the other hand, is regulated by several jurisdictions, including ASIC (Australia), BaFin (Germany), and FMA (Austria). These are well-respected regulatory agencies that enforce strict rules on client fund segregation, leverage limits, and dispute resolution. If regulatory assurance is your top concern, MultiBank has a significant edge.
Trading Instruments: Who Offers More Variety?
JustMarkets offers a broad range of trading instruments—forex, indices, commodities, cryptocurrencies, and stocks. The broker supports over 60 forex pairs and provides access to CFDs on popular global assets. For most retail traders, this range is more than enough to diversify portfolios effectively.
MultiBank, however, goes a step further. It offers access to 20,000+ financial instruments, including shares, ETFs, futures, metals, and even bonds. If you’re a multi-asset trader or a professional seeking broader exposure to global markets, MultiBank is clearly the better choice in this category.
Trading Platforms: MetaTrader Support and Performance
Both JustMarkets and MultiBank support the industry-standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. These platforms are powerful, reliable, and familiar to most traders. With JustMarkets, you get access to a clean, stable version of MT4 and MT5 with support for automated trading, one-click execution, and built-in indicators.
MultiBank also provides MT4 and MT5 but with additional plugins and tools such as Autochartist, VPS hosting, and advanced trading analytics. The latency is low and execution is fast—critical for scalpers and high-frequency traders.
So, if you’re a beginner or casual trader, JustMarkets offers everything you need. But if you’re looking for enhanced functionality and extra trading tools, MultiBank gives you a more sophisticated experience.
Account Types: Flexibility for All Trader Profiles?
JustMarkets offers several account types: Standard, Pro, Raw Spread, and Cent. These accounts cater to different types of traders—from novices with limited capital to experienced professionals needing tight spreads. The minimum deposit starts as low as $1 for the Cent account, making it accessible for beginners.
MultiBank also offers various account types: Standard, ECN Pro, and Demo. The minimum deposit is higher, starting at $50 or more, depending on the region and account type. However, it offers ECN pricing with zero spreads on some accounts and a professional-grade trading environment.
JustMarkets is better for beginners and small-budget traders, while MultiBank is more suitable for intermediate to advanced users looking for institutional-grade trading conditions.
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Spreads, Commissions, and Leverage: Cost and Risk Profile
JustMarkets offers competitive spreads starting from 0.0 pips on its Raw Spread account. Commissions are reasonable, and the leverage can go as high as 1:3000—attractive for traders who like high-risk, high-reward setups. However, such high leverage can be dangerous if not managed correctly.
MultiBank also offers raw spreads with ECN accounts and provides leverage up to 1:500, which is safer but still offers ample margin for retail traders. While spreads are tight, commission costs on some accounts can be higher than those of JustMarkets.
If your trading strategy relies on high leverage and minimal capital, JustMarkets could be more appealing. But if you prefer safer leverage ratios and tighter regulatory controls, MultiBank is the better fit.
Deposits and Withdrawals: Which Broker Offers Better Convenience?
JustMarkets supports a wide range of payment methods, including bank cards, e-wallets, crypto payments, and local payment systems depending on your region. Most transactions are processed quickly, with minimal fees involved.
MultiBank also offers flexible deposit and withdrawal options but may take longer depending on your location and banking partner. Processing fees can also vary, which may be a concern for traders moving large sums frequently.
In terms of speed and variety of payment methods, JustMarkets has a slight edge for traders in developing regions, particularly Asia and Africa. However, both brokers are reliable in processing transactions securely.
Educational Resources and Customer Support: Where Will You Learn More?
JustMarkets provides a decent range of educational materials: trading guides, tutorials, webinars, and a market analysis blog. These resources are tailored to new traders looking to build foundational knowledge.
MultiBank, while offering fewer beginner tutorials, compensates with more advanced trading insights and real-time analysis tools. They also have local offices in several countries and multilingual support, which can be valuable for non-English speaking traders.
For beginners, JustMarkets has better educational content. For experienced traders seeking market intelligence, MultiBank leads.
Mobile Trading Experience: Trading on the Go?
Both brokers offer mobile trading through MT4 and MT5 apps, which are nearly identical in functionality. JustMarkets also has a proprietary client area optimized for mobile browsing, making account management on the go easier.
MultiBank’s mobile experience is equally solid, though it leans more toward professional traders with advanced monitoring tools and real-time alerts.
There’s no major winner here; both brokers offer excellent mobile support depending on your familiarity with MT4/MT5.
Regional Support: Are They Available Where You Are?
JustMarkets has strong user bases in Southeast Asia, Africa, and Latin America. They provide localized support and accept local payment methods, making them ideal for traders in these regions.
MultiBank has a broader global footprint, with regulated entities in Europe, the Middle East, and Asia-Pacific. Their regional offices and licensing allow them to offer tailored services based on jurisdiction, which is an advantage for clients in developed markets.
If you’re trading from a region like Vietnam, Nigeria, or Indonesia, JustMarkets may offer more localized convenience. For traders in Australia, the EU, or the UAE, MultiBank will provide a more compliant and polished experience.
Final Verdict: Which Broker Is Right for You?
Choose JustMarkets if:
You're a beginner or a trader with a small budget.
You want high leverage options (up to 1:3000).
You prioritize fast deposits/withdrawals and regional accessibility.
You need user-friendly educational content and simplified account types.
Choose MultiBank if:
You want strong regulatory protection (FCA, ASIC, BaFin).
You trade a diverse range of instruments across global markets.
You're an intermediate to advanced trader needing advanced tools and ECN pricing.
You value multi-language support and local offices in major financial hubs.
Conclusion
There’s no one-size-fits-all broker. JustMarkets and MultiBank cater to different segments of the trading community. If you’re just starting out and need a flexible, low-cost way to enter the markets, JustMarkets is a solid choice. But if you demand regulatory security, institutional-level tools, and multi-asset exposure, MultiBank is likely the smarter option.
Make your choice based on your trading goals, experience level, and location—and you'll be setting yourself up for a much more successful trading journey.
✅ Trade with JustMarkets now: Open An Account or Visit Brokers 👈
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