5 minute read

Exness vs JUSTMARKETS Review Compare broker

Exness vs JUSTMARKETS Review Compare broker

The forex trading industry has seen significant growth in recent years, with brokers vying to offer the best services to traders. In this article, we provide a comprehensive Exness vs. JUSTMARKETS Review, comparing the two brokers on critical factors such as trading platforms, account types, fees, customer support, and more. Whether you’re an experienced trader or a beginner, understanding these differences will help you make an informed decision.

Overview of Exness and JUSTMARKETS

Exness Overview

Exness is a globally recognized forex broker known for its transparency and innovative trading tools. Established in 2008, Exness offers traders access to a wide range of financial instruments, including forex, CFDs, commodities, and cryptocurrencies. With cutting-edge platforms and competitive trading conditions, Exness has built a reputation as a reliable broker for both retail and institutional traders.

πŸ‘‰ Open Exness An Account βœ…

πŸ‘‰ Visit Website Exness Official βœ…

JUSTMARKETS Overview

Formerly known as JustForex, JUSTMARKETS is a well-known broker offering flexible trading conditions. With a focus on providing personalized services, JUSTMARKETS caters to traders of all experience levels. They offer diverse account types and competitive spreads, making them a popular choice in regions like Asia and Africa.

πŸ“ŒπŸ“ŒπŸ“Œ Just markets: Open An Accountβœ…

πŸ’₯πŸ’₯πŸ’₯ Visit site: Justmarkets Brokerβœ…

Trading Platforms: Exness vs. JUSTMARKETS Review

Exness Trading Platforms

Exness provides access to popular trading platforms, including:

  • MetaTrader 4 (MT4) and MetaTrader 5 (MT5): These platforms are ideal for forex and CFD traders, offering advanced charting tools, multiple order types, and automated trading options.

  • Exness Terminal: A proprietary platform designed for web-based trading with user-friendly interfaces.

  • Mobile App: The Exness mobile app is intuitive and packed with features, allowing traders to monitor the market and execute trades on the go.

JUSTMARKETS Trading Platforms

JUSTMARKETS also offers industry-standard platforms:

  • MT4 and MT5: JUSTMARKETS supports both platforms, providing traders with flexibility and access to advanced tools.

  • JUSTMARKETS Mobile App: The app is designed for convenience, offering seamless navigation and efficient trading options.

Verdict: Both brokers excel in providing powerful platforms. However, Exness stands out with its proprietary terminal and additional features tailored for advanced traders.

Account Types Comparison

Exness Account Types

Exness offers a range of account types to suit diverse trading needs:

  1. Standard Account: Ideal for beginners, featuring low spreads and no commissions.

  2. Pro Account: Designed for professional traders, offering tighter spreads and faster execution.

  3. Raw Spread and Zero Accounts: These accounts cater to high-frequency traders, with near-zero spreads and competitive commissions.

πŸ‘‰ Open Exness An Account βœ…

πŸ‘‰ Visit Website Exness Official βœ…

JUSTMARKETS Account Types

JUSTMARKETS provides various account options:

  1. Standard Cent Account: Aimed at new traders to test strategies with minimal risk.

  2. Standard Account: Offers competitive spreads with no commissions.

  3. Pro and Raw Spread Accounts: Tailored for experienced traders who require tighter spreads and lower trading costs.

Verdict: While both brokers offer diverse account types, Exness provides more competitive options for high-volume traders.

Trading Fees and Spreads: Exness vs. JUSTMARKETS Review

Exness Fees

  • Spreads: As low as 0.1 pips on Zero accounts.

  • Commissions: From $3.5 per lot on Raw Spread accounts.

  • Swap-Free Options: Available for Islamic accounts.

  • Deposit/Withdrawal Fees: No hidden charges; instant processing for many methods.

JUSTMARKETS Fees

  • Spreads: Start from 0.3 pips on Pro accounts.

  • Commissions: $2 to $4 per lot, depending on the account type.

  • Swap-Free Accounts: Offered to traders following Islamic finance principles.

  • Deposit/Withdrawal Fees: Limited processing fees for specific methods.

πŸ“ŒπŸ“ŒπŸ“Œ Just markets: Open An Accountβœ…

πŸ’₯πŸ’₯πŸ’₯ Visit site: Justmarkets Brokerβœ…

Verdict: Exness edges ahead with tighter spreads and commission-free options on standard accounts.

Regulation and Security

Exness Regulation

Exness operates under multiple regulatory frameworks:

  • FCA (UK), CySEC (Cyprus), and other reputable bodies.

  • Negative balance protection and segregated client funds ensure high safety levels.

JUSTMARKETS Regulation

JUSTMARKETS is regulated by IFSC (Belize) and complies with international standards. While not as robust as Exness’s licensing, it provides adequate security measures.

Verdict: Exness has stronger regulatory credentials, making it a safer choice for global traders.

Leverage and Margin Requirements

Exness Leverage

Exness offers flexible leverage of up to 1:Unlimited (depending on region), making it attractive to high-risk traders. However, leverage varies based on the account type and regulatory restrictions.

JUSTMARKETS Leverage

JUSTMARKETS provides leverage up to 1:3000, depending on the account type and trader’s location. This high leverage is appealing to risk-tolerant traders.

Verdict: Both brokers offer competitive leverage, but Exness’s flexibility gives it a slight edge.

Deposit and Withdrawal Options

Exness Payment Methods

  • Instant deposits and withdrawals via bank transfers, credit/debit cards, e-wallets, and cryptocurrencies.

  • No fees for most transactions.

JUSTMARKETS Payment Methods

  • Supports bank transfers, cards, e-wallets, and mobile money.

  • Processing times are slightly longer for some methods.

Verdict: Exness wins with its instant processing and broader payment options.

Customer Support: Exness vs JUSTMARKETS Review

Exness Support

  • 24/7 customer service via live chat, email, and phone.

  • Multilingual support in over 15 languages.

JUSTMARKETS Support

  • Available through live chat, email, and phone.

  • Limited operating hours compared to Exness.

Verdict: Exness offers superior support with round-the-clock assistance.

Educational Resources

Exness Education

  • Free access to trading tutorials, webinars, and market analysis.

  • Advanced tools like economic calendars and calculators.

JUSTMARKETS Education

  • Offers basic tutorials and guides for beginners.

  • Limited compared to Exness.

Verdict: Exness provides a more comprehensive educational suite.

Pros and Cons

Exness Pros

  • Tight spreads and flexible leverage.

  • Strong regulatory framework.

  • Instant deposits and withdrawals.

Exness Cons

  • High leverage may not suit all traders.

JUSTMARKETS Pros

  • Wide range of account types.

  • Competitive spreads and commissions.

JUSTMARKETS Cons

  • Regulation is less robust compared to Exness.

Conclusion: Exness vs. JUSTMARKETS Review

Both Exness and JUSTMARKETS are reliable brokers with unique strengths. For traders seeking tight spreads, instant withdrawals, and strong regulation, Exness emerges as the better option. On the other hand, JUSTMARKETS appeals to traders who prefer flexibility in account types and high leverage.

We hope this detailed Exness vs JUSTMARKETS Review helps you make an informed choice that aligns with your trading goals.

This article is from: