Account One01
Raw Spread
Advertised Spread
0.0 – 0.3
Commission
Not specified
Minimum Deposit
$500
Detailed Trading Account Comparison
Trading Account Comparison: JustMarkets Raw Spreadvs Ultima Markets ECN Cent
Explore differences in spreads, commissions, deposits and trading conditions, alongside a detailed review of each account's advantages and limitations.
Account Two02
ECN Cent
Advertised Spread
0.0 - 0.3
Commission
Not specified
Minimum Deposit
$50
ACCOUNT OVERVIEW
What Makes JustMarkets Raw Spread Different from Ultima Markets ECN Cent?
Before comparing the numbers, it is important to understand the purpose of each account and the conditions that may make it suitable for different traders.
JustMarkets Raw Spread
The JustMarkets Raw Spread account is the raw-pricing option in Broker Alarab data and has the tightest listed spread range among the JustMarkets accounts in our database in exchange for a separate commission. Spreads range from 0.0–0.3 pips, commission is $6 per lot, the minimum deposit is $500 and orders use Market Execution. It is particularly relevant to traders researching JustMarkets Raw pricing or comparing Raw Spread with Pro and Standard on total cost.
Ultima Markets ECN Cent
The Ultima Markets ECN Cent account combines a cent-account structure with tight ECN-style pricing, providing an alternative for traders seeking greater trading-size flexibility without using Standard Cent pricing. According to Broker Alarab data, spreads range from 0.0–0.3 pips, a separate commission applies, the minimum deposit is $50 and orders use Market Execution, making comparison with Standard Cent particularly important.
SIDE-BY-SIDE COMPARISON
Compare Trading Accounts, Spreads, Commissions and Platforms
Review spreads, commissions, minimum deposits, trading platforms, execution methods and broker-level regulatory information.
JustMarkets
Raw Spread
Ultima Markets
ECN Cent
01 — Basic Account Information
Compare the broker, account name, account classification and regulatory information.
Broker
JustMarkets
JustMarkets
Ultima Markets
Ultima Markets
Account Name
JustMarkets
Raw Spread
Ultima Markets
ECN Cent
Account Type
JustMarkets
raw
Ultima Markets
raw
Broker Regulatory Licenses
Broker-level regulatory information. Verify which legal entity serves your country.
JustMarkets
CySEC | FSA | FSC | BVI
Ultima Markets
FSC | FSCA
02 — Spreads and Trading Costs
Compare the recorded trading costs without assuming undocumented pricing.
Advertised Spread Range
JustMarkets
0.0 – 0.3
Ultima Markets
0.0 - 0.3
Minimum Recorded Spread
Based on the available account information.
JustMarkets
0
Ultima Markets
0
Average Recorded Spread
JustMarkets
0.1
Ultima Markets
0.1
Advertised Commission
JustMarkets
Not specified
Ultima Markets
Not specified
03 — Deposits and Execution
Review account funding requirements and order execution characteristics.
Minimum Deposit
JustMarkets
$500
Ultima Markets
$50
Order Execution Method
JustMarkets
Market Execution
Ultima Markets
Market Execution
Trading Platforms
Available platforms may differ by account type.
JustMarkets
MT4 | MT5
Ultima Markets
MT4 | MT5 | WebTrader | Mobile App
04 — Account Features and Conditions
Review relevant account characteristics and trading suitability.
Scalping Suitability
An internal classification, not a guarantee of suitability.
JustMarkets
Classified as suitable for scalping
Ultima Markets
Not classified in this category
05 — Broker Information and Regulation
Broker-level information does not guarantee that every license applies to the selected account.
Listed Regulatory Licenses
JustMarkets
CySEC | FSA | FSC | BVI
Ultima Markets
FSC | FSCA
Broker Maximum Leverage
Actual leverage may depend on the account, jurisdiction and legal entity.
JustMarkets
1:3000
Ultima Markets
1:2000
Open a Trading Account
JustMarkets
Open Account ↗Ultima Markets
Open Account ↗Information is based on records available to Broker Alarab. Trading conditions may vary by account, country and legal entity.
| Comparison Criteria | JustMarkets Raw Spread | Ultima Markets ECN Cent |
|---|---|---|
01 — Basic Account Information Compare the broker, account name, account classification and regulatory information. | ||
| Broker | JustMarkets | Ultima Markets |
| Account Name | Raw Spread | ECN Cent |
| Account Type | raw | raw |
| Broker Regulatory Licenses Broker-level regulatory information. Verify which legal entity serves your country. | CySEC | FSA | FSC | BVI | FSC | FSCA |
02 — Spreads and Trading Costs Compare the recorded trading costs without assuming undocumented pricing. | ||
| Advertised Spread Range | 0.0 – 0.3 | 0.0 - 0.3 |
| Minimum Recorded Spread Based on the available account information. | 0 | 0 |
| Average Recorded Spread | 0.1 | 0.1 |
| Advertised Commission | Not specified | Not specified |
03 — Deposits and Execution Review account funding requirements and order execution characteristics. | ||
| Minimum Deposit | $500 | $50 |
| Order Execution Method | Market Execution | Market Execution |
| Trading Platforms Available platforms may differ by account type. | MT4 | MT5 | MT4 | MT5 | WebTrader | Mobile App |
04 — Account Features and Conditions Review relevant account characteristics and trading suitability. | ||
| Scalping Suitability An internal classification, not a guarantee of suitability. | Classified as suitable for scalping | Not classified in this category |
05 — Broker Information and Regulation Broker-level information does not guarantee that every license applies to the selected account. | ||
| Listed Regulatory Licenses | CySEC | FSA | FSC | BVI | FSC | FSCA |
| Broker Maximum Leverage Actual leverage may depend on the account, jurisdiction and legal entity. | 1:3000 | 1:2000 |
| Open a Trading Account | Open Account ↗ | Open Account ↗ |
Information is presented as recorded by Broker Alarab. Spread and commission figures should not be treated as directly comparable without verifying the instrument, pricing units and fee structure.
EXPERT ANALYSIS
Broker Alarab's Assessment of Both Accounts
We review each account independently, highlighting strengths, limitations and the types of traders it may suit, without declaring an unsupported winner.
JustMarkets
Raw Spread
Ultima Markets
ECN Cent
Broker Alarab's Assessment
We see JustMarkets Raw Spread as an account that should be evaluated on total trading cost rather than the 0.0 starting spread alone. It has the tightest listed spread range among the JustMarkets accounts in our data but adds a $6-per-lot commission and requires a $500 minimum deposit. Comparison with Pro is therefore particularly useful when determining which pricing model better fits expected trading volume and frequency.
Broker Alarab's Assessment
We see Ultima Markets ECN Cent as the more specialized of the broker’s two cent accounts because it combines Cent-account flexibility with a 0.0–0.3 pip spread range in our data. It is not automatically the cheaper option because a separate commission applies. Its value is strongest for Cent traders who prioritize tighter pricing over the simpler Standard Cent model.
Account Advantages
- ✓Spreads range from 0.0–0.3 pips according to Broker Alarab data
- ✓Tightest listed spread range among the JustMarkets accounts in our database
- ✓Recorded as a Raw account in our data
- ✓Clearly defined commission of $6 per lot
- ✓Provides a pricing model distinct from commission-free Standard, Standard Cent and Pro
Account Advantages
- ✓Combines a Cent-account structure with ECN-style pricing
- ✓Spreads range from 0.0–0.3 pips according to Broker Alarab data
- ✓Clearly tighter spread range than Standard Cent
- ✓The minimum deposit is $50 according to our data
- ✓Provides an alternative to Standard Cent for traders who prefer tighter spreads with a separate commission
Disadvantages and Considerations
- !Carries a separate $6-per-lot commission
- !The $500 minimum deposit is the highest among the JustMarkets accounts listed in our data
- !A spread starting at 0.0 does not mean cost-free trading
- !Cumulative commission should be considered particularly as total trading volume increases
Disadvantages and Considerations
- !Carries a separate trading commission according to the account data
- !Pricing is more complex than Standard Cent, which has no separate commission
- !A spread starting at 0.0 does not mean zero total trading cost
- !Spread and commission must be evaluated together against actual trading volume
Who Is This Account Suitable For?
- •Traders who prioritize a tight spread range
- •Users who understand pricing that combines spread and commission
- •Traders able to meet the $500 minimum deposit requirement
- •Users comparing Raw Spread with Pro to determine which cost structure better fits their trading
Who Is This Account Suitable For?
- •Traders specifically looking for an Ultima Markets ECN Cent account
- •Users seeking a Cent structure with tighter spreads than Standard Cent
- •Traders focused on entry and exit pricing who are comfortable with a separate commission
- •Users who want Cent-account flexibility with an ECN-style pricing model
Detailed Account Analysis
Does the JustMarkets Raw Spread Account Start From 0.0 Pips?
According to Broker Alarab data, the listed spread range for Raw Spread is 0.0–0.3 pips. The 0.0 minimum does not mean trading cost is zero because the account carries a $6-per-lot commission. The minimum spread should therefore not be used alone when evaluating the account. Effective cost requires considering the spread at the time of trading together with commission linked to lot size.
JustMarkets Raw Spread vs Pro: Which Has Lower Trading Costs?
The lower-cost account cannot be determined from a single figure. Raw Spread uses 0.0–0.3 pip spreads with a $6-per-lot commission, while Pro uses 0.5–1.0 pips without a separate commission. The minimum deposit is also $500 on Raw Spread compared with $200 on Pro. The result therefore depends on lot size, transaction frequency and the combined impact of spread and commission rather than the Raw or commission-free label alone.
What Is the JustMarkets Raw Spread Commission?
The commission listed by Broker Alarab for Raw Spread is $6 per lot. This differentiates the account from Standard, Standard Cent and Pro, which all have a $0 separate commission in our data. Raw Spread provides a tighter spread range in exchange. As total traded lots increase, cumulative commission becomes increasingly important when comparing its costs with accounts that place more of their pricing within the spread.
Detailed Account Analysis
Ultima Markets ECN Cent vs Standard Cent: Which Is Better?
This is the key comparison for traders looking for an Ultima Markets cent account. Both use a Cent structure and have a $50 minimum deposit according to Broker Alarab data, but pricing is different. Standard Cent uses a 1.0–1.5 pip range with no separate commission, while ECN Cent narrows spreads to 0.0–0.3 pips and adds a commission. Standard Cent therefore provides simpler pricing, while ECN Cent is worth evaluating for traders who place greater importance on tighter spreads.
How Do Ultima Markets ECN Cent Trading Costs Work?
The account has two main cost components: spread and commission. Its 0.0–0.3 pip range is clearly tighter than Standard Cent, but the presence of commission means comparing the accounts using spread alone would be incomplete. Traders should consider position size, trading frequency and resulting commission, then compare total cost with the commission-free Standard Cent pricing model.
Is ECN Cent Suitable for Moving From Demo to Live Trading?
The account can be relevant to traders who want a live Cent environment while experiencing a cost structure closer to ECN pricing instead of relying only on Standard-style spreads. This provides practical exposure to spreads, commissions and position sizing. A Cent account does not remove market or leverage risk, however, so ECN Cent should be viewed as a different account structure rather than a risk-free substitute for regular trading accounts.
Important details about the JustMarkets Raw Spread account
The listed commission is $6 per lot
Commission should be added to the spread effect when calculating effective trading costs, particularly when a larger number of lots is traded.
The listed spread range is 0.0–0.3 pips
A spread reaching 0.0 does not mean zero trading cost because the separate commission remains part of the account pricing model.
The minimum deposit is $500
This is the highest deposit requirement among the JustMarkets accounts in our data and is an account requirement rather than recommended trading capital.
Important details about the Ultima Markets ECN Cent account
ECN Cent commission is part of effective trading cost
The account combines tight spreads with a separate commission. Traders should therefore consider the actual commission generated by their trading volume when comparing ECN Cent with Standard Cent.
Tighter spreads do not automatically mean lower total cost
ECN Cent spreads range from 0.0–0.3 pips in our data, but a separate commission applies. Spread and commission should therefore be evaluated together rather than relying on either figure alone.
A Cent account remains a live trading account
The cent structure provides greater flexibility in trading size but does not eliminate market or leverage risk. Position sizing and risk management remain important when using ECN Cent.
DECISION GUIDE
How to Choose the Right Trading Account
Numbers alone are not enough. Account suitability depends on your trading strategy, capital, financial instruments and the conditions applicable to you.
01
Compare Spreads and Commissions Together
The recorded spread for JustMarkets Raw Spread is 0.0 – 0.3, while Ultima Markets ECN Cent shows 0.0 - 0.3. Evaluating overall trading costs also requires checking commission rates, pricing units, instruments and position sizes.
02
Review Minimum Deposit Requirements
The recorded minimum deposit for JustMarkets Raw Spread is $500, compared with $50 for Ultima Markets ECN Cent. A lower deposit requirement may provide more flexibility, but it does not automatically make an account better.
03
Compare Trading Platforms and Execution
Check which trading platforms each broker actually offers for the selected account, including MetaTrader 4 or MetaTrader 5 where supported. Also review execution policies and potential slippage. Availability and conditions may vary by account and country.
04
Verify Regulation and Eligibility
Confirm the legal entity that will serve your account, the regulatory framework applicable to that entity, and whether the selected account is available in your country.
FREQUENTLY ASKED QUESTIONS
FAQs About JustMarkets Raw Spread vs Ultima Markets ECN Cent
Answers to common questions about account comparisons, trading costs and account conditions.
What is the difference between JustMarkets Raw Spread and Ultima Markets ECN Cent?+
The recorded spread for JustMarkets Raw Spread is 0.0 – 0.3, compared with 0.0 - 0.3 for Ultima Markets ECN Cent. The advertised commissions are Not specified and Not specified, respectively. You should also consider execution conditions, deposit requirements and account availability.
Is the account with the lowest spread always better?+
Not necessarily. Trading costs should be evaluated using both spreads and commissions, while considering the financial instrument, position size and execution conditions.
Can I compare two accounts from the same broker?+
Yes. Broker Alarab allows traders to compare accounts from the same broker or from different brokers.
How can I verify the trading conditions?+
Review the broker's official account specifications, applicable legal entity and trading conditions. Spreads, commissions and leverage may vary by instrument, account and jurisdiction.
What is the JustMarkets Raw Spread account?+
JustMarkets Raw Spread is the Raw account listed in Broker Alarab’s JustMarkets data. According to our database, spreads range from 0.0–0.3 pips, commission is $6 per lot, the minimum deposit is $500 and orders use Market Execution. We categorize the account for general traders.
What is the JustMarkets Raw Spread spread and commission?+
According to Broker Alarab data, JustMarkets Raw Spread spreads range from 0.0–0.3 pips and commission is $6 per lot. A spread starting at 0.0 does not mean free trading because commission remains a direct transaction cost. Spread and commission should therefore be evaluated together.
What is the JustMarkets Raw Spread minimum deposit?+
The JustMarkets Raw Spread minimum deposit listed in Broker Alarab data is $500. By comparison, Pro is listed at $200, while Standard and Standard Cent are listed at $10. The figure represents an account requirement rather than a recommendation for appropriate trading capital.
What is the difference between JustMarkets Raw Spread and Pro?+
According to our data, Raw Spread uses 0.0–0.3 pip spreads with a $6-per-lot commission and a $500 minimum deposit. Pro uses 0.5–1.0 pip spreads without a separate commission and starts at $200. The accounts therefore differ in both how trading costs are structured and their entry requirements.
What is the Ultima Markets ECN Cent account?+
The Ultima Markets ECN Cent account combines a Cent-account structure with tighter spreads and a separate commission. According to Broker Alarab data, spreads range from 0.0–0.3 pips, the minimum deposit is $50 and orders use Market Execution. Its main difference from Standard Cent is the pricing model, making it relevant to traders seeking Cent flexibility with ECN-style costs.
What is the Ultima Markets ECN Cent spread and commission?+
According to Broker Alarab data, ECN Cent spreads range from 0.0–0.3 pips and a separate trading commission applies. The account should therefore not be evaluated using spread alone. Position size and resulting commission should be considered alongside spread when calculating costs or comparing ECN Cent with Standard Cent.
Explore Both Trading Accounts in Detail
Review the full account information, compare trading conditions and verify the broker's requirements before opening an account.