7 minute read
JustMarkets vs Deriv: Which Broker Should You Choose?
from JustMarkets
by Exness_India
If you're choosing between JustMarkets and Deriv, you're likely looking for a reliable, well-regulated broker that offers competitive fees, strong trading platforms, and a good user experience. Let’s cut straight to the point: JustMarkets is ideal for forex and CFD traders looking for flexible account types and high leverage, while Deriv stands out for its automated trading tools, synthetic indices, and proprietary platform with a low learning curve.
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Below is a detailed breakdown of what sets them apart—and which broker suits your trading goals.
Regulation and Trustworthiness
JustMarkets is regulated by the Financial Services Authority (FSA) of Seychelles. While it’s not a Tier-1 regulator, this is a common jurisdiction for forex brokers aiming to offer high leverage and global access. JustMarkets has been operating since 2012 and has built a reputation for being transparent and user-focused.
Deriv, on the other hand, is regulated in multiple jurisdictions, including the Malta Financial Services Authority (MFSA), Labuan FSA (Malaysia), and the Vanuatu Financial Services Commission (VFSC). While it also doesn’t offer Tier-1 regulation (like FCA or ASIC), its multi-regulation structure gives it slightly more credibility in terms of compliance.
In terms of longevity and trust, both brokers have solid reputations, but Deriv edges slightly ahead due to its diversified regulatory framework and longer operational history (dating back to the early 2000s as Binary.com).
Trading Instruments
The type of assets you want to trade will strongly influence your decision.
JustMarkets focuses on forex trading, offering over 60 forex pairs, along with CFDs on indices, metals, energies, and cryptocurrencies. It’s best suited for those who want to actively trade the major financial markets with tight spreads and flexible leverage.
Deriv offers a more niche product offering. While it does support forex, commodities, and stock indices, its key differentiator is synthetic indices—proprietary instruments that mimic market behavior but are not affected by real-world events. These are available 24/7 and are ideal for those who want to trade volatility in a controlled environment.
If you’re interested in traditional market trading, JustMarkets offers broader CFD options. If you want non-stop market action and unique instruments, Deriv is the better pick.
Trading Platforms and User Experience
JustMarkets provides access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5), the industry-standard platforms known for deep functionality, technical analysis, and custom indicators. This is excellent for traders who prefer proven, reliable software with rich charting and algorithmic trading support.
Deriv, in contrast, offers its proprietary platforms: DTrader, DBot, and DMT5. DTrader is intuitive and web-based, DBot allows you to create automated trading bots without coding, and DMT5 brings MT5 access for more advanced traders. This platform ecosystem appeals to both beginners and intermediate users.
If you value customization, advanced analytics, and EA support, JustMarkets is the clear choice. However, if you prioritize ease of use, automation, and learning tools, Deriv shines with its tailored ecosystem.
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Account Types and Minimum Deposit
JustMarkets offers several account types: Standard, Pro, Raw Spread, and Cent accounts. These allow traders to choose based on spread preference, commission structure, and minimum deposit (starting from $1). The high leverage (up to 1:3000) also makes JustMarkets a top pick for experienced traders who want maximum flexibility.
Deriv is more streamlined. It provides a demo account, a synthetic account, and a financial account. The minimum deposit is also low (starting from $5), which makes it beginner-friendly. Deriv’s leverage depends on the region and account type, but it's generally lower than JustMarkets.
For micro-lot trading and customization, JustMarkets has more variety. But if you prefer simplicity and a single multi-purpose account, Deriv works well.
Fees and Spreads
JustMarkets is competitive on spreads, especially on its Raw Spread account, which starts from 0.0 pips with a commission. The Standard and Pro accounts offer commission-free trading but with slightly wider spreads. There are no deposit or withdrawal fees on most methods, and the broker is transparent about costs.
Deriv also offers tight spreads, especially on synthetic indices, but spreads on forex pairs can be slightly higher compared to JustMarkets. Deriv doesn’t charge commission on most trades, and fees are generally built into the spread. Deposit and withdrawal charges depend on the method but are usually low or nonexistent.
Overall, JustMarkets offers better pricing for high-frequency and experienced forex traders, while Deriv keeps fees low for casual or automated traders.
Deposits and Withdrawals
Both brokers support a wide range of payment methods including credit/debit cards, e-wallets like Skrill and Neteller, and cryptocurrencies like Bitcoin.
JustMarkets processes most withdrawals within 1–2 hours on business days. It supports more than 15 funding methods, and in most cases, there are no fees.
Deriv supports over 20 payment methods depending on the country. Withdrawals can take up to 1–3 business days. It also supports DP2P, Deriv’s peer-to-peer payment service, which adds another layer of flexibility for traders in underserved regions.
Both brokers are efficient, but JustMarkets is slightly faster on withdrawal processing.
Education and Customer Support
JustMarkets offers a basic education center, including articles, news updates, and market analysis. The customer support team is available 24/7 via live chat and email.
Deriv, in contrast, provides a more interactive learning environment with beginner guides, strategy overviews, and automated trading tutorials. While it doesn’t offer phone support, its live chat is responsive, and the help center is comprehensive.
In terms of education, Deriv offers more depth, especially for beginners exploring automation and bots. For advanced market insights, JustMarkets is more technical and trader-oriented.
Mobile Trading Experience
JustMarkets supports MT4 and MT5 mobile apps, which are widely regarded as the best in the industry for real-time charts, trading, and account management. These apps are lightweight, fast, and extremely functional.
Deriv has its own mobile apps: Deriv GO for synthetic indices, and Deriv X for multi-asset trading. These apps are intuitive but offer fewer technical tools compared to MT4/MT5.
If you’re a serious mobile trader, JustMarkets provides the better solution through the MetaTrader suite. If you want ease of access and low-barrier mobile trading, Deriv’s apps work just fine.
Unique Selling Points
Why choose JustMarkets?
· High leverage up to 1:3000
· MetaTrader 4 and 5 support
· Raw spread accounts for scalping
· Extensive forex and CFD coverage
· Faster withdrawals
Why choose Deriv?
· 24/7 trading via synthetic indices
· Automation with no-code bot builder (DBot)
· Beginner-friendly proprietary platforms
· Seamless P2P payments
· Lower minimum deposit
Your choice ultimately depends on your trading goals. If you’re a technical trader focused on forex, precision, and high leverage, JustMarkets is the smarter fit. But if you’re new to trading, want automation, or prefer simplicity, Deriv is likely your best bet.
Final Verdict: JustMarkets vs Deriv
In the battle between JustMarkets and Deriv, there’s no one-size-fits-all winner. Each broker targets a different kind of trader.
· Choose JustMarkets if you want raw spreads, advanced tools, and deep forex market access.
· Choose Deriv if you prefer automation, simplicity, and 24/7 synthetic asset trading.
For experienced traders who demand control, high leverage, and customization, JustMarkets clearly wins. For newer traders or those looking to experiment with unique assets and bot-driven strategies, Deriv provides the tools to get started with minimal hassle.
Before you open an account, consider your experience level, the assets you want to trade, and whether you value advanced tools or ease of use. Both brokers are legitimate, secure, and user-friendly—but your success depends on choosing the one that fits your trading strategy.
✅ Trade with JustMarkets now: Open An Account or Visit Brokers 👈
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