Broker Alarab
Detailed Trading Account Comparison

Trading Account Comparison: JustMarkets Raw Spreadvs XM Micro

Explore differences in spreads, commissions, deposits and trading conditions, alongside a detailed review of each account's advantages and limitations.

ACCOUNT OVERVIEW

What Makes JustMarkets Raw Spread Different from XM Micro?

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.

XM Micro

The XM Micro account is designed for traders who want to trade with smaller position sizes while using a live trading environment. Based on our account data, it has spreads of 1.0–1.5 pips, no separate trading commission and a $5 minimum deposit, making it worth considering for beginners and traders focused on controlling position size and risk.

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
XM
Micro

01 — Basic Account Information

Compare the broker, account name, account classification and regulatory information.

Broker

JustMarkets
JustMarkets
XM
XM

Account Name

JustMarkets
Raw Spread
XM
Micro

Account Type

JustMarkets
raw
XM
cent

Broker Regulatory Licenses

Broker-level regulatory information. Verify which legal entity serves your country.

JustMarkets
CySEC | FSA | FSC | BVI
XM
CySEC | ASIC | DFSA | FSCA | FSC

02 — Spreads and Trading Costs

Compare the recorded trading costs without assuming undocumented pricing.

Advertised Spread Range

JustMarkets
0.0 – 0.3
XM
1.0 – 1.5

Minimum Recorded Spread

Based on the available account information.

JustMarkets
0
XM
1

Average Recorded Spread

JustMarkets
0.1
XM
1.2

Advertised Commission

JustMarkets
Not specified
XM
$0

03 — Deposits and Execution

Review account funding requirements and order execution characteristics.

Minimum Deposit

JustMarkets
$500
XM
$5

Order Execution Method

JustMarkets
Market Execution
XM
Market Execution

Trading Platforms

Available platforms may differ by account type.

JustMarkets
MT4 | MT5
XM
MT4 | MT5

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
XM
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
XM
CySEC | ASIC | DFSA | FSCA | FSC

Broker Maximum Leverage

Actual leverage may depend on the account, jurisdiction and legal entity.

JustMarkets
1:3000
XM
1:1000

Open a Trading Account

Information is based on records available to Broker Alarab. Trading conditions may vary by account, country and legal entity.

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 logo

JustMarkets

Raw Spread

XM logo

XM

Micro

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 the XM Micro account as most relevant to beginners and traders who prioritize smaller position sizing over finding the tightest possible spread. Its $5 minimum deposit and commission-free structure are straightforward, but spread-sensitive or more active traders should compare Micro directly with XM Ultra Low and Zero before choosing an account.

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

  • ✓Supports smaller trade sizing and more gradual control of market exposure
  • ✓No separate trading commission based on our account data
  • ✓Minimum deposit starts from $5
  • ✓Can suit traders moving from demo to live trading
  • ✓Provides a practical way to learn position sizing and risk control

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

  • !The 1.0–1.5 pip spread is not the lowest available across XM account types
  • !May be less attractive to active traders focused primarily on transaction costs
  • !Smaller position sizes do not remove leverage or market risk
  • !Should be compared with Ultra Low and Zero when tighter spreads are the priority

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?

  • •Beginners who want to start live trading with smaller position sizes
  • •Traders learning practical position sizing and money management
  • •Users who prefer an account without a separate trading commission
  • •Traders looking for an XM account with a $5 minimum deposit

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

XM Micro vs Standard: What Is the Important Difference?

Micro and Standard have similar headline costs in our account data: both show spreads of 1.0–1.5 pips, no separate trading commission and a $5 minimum deposit. The more meaningful distinction is how the account is used and the position sizes it supports. Micro is more relevant to traders who want smaller sizing and gradual control over exposure, while Standard is closer to conventional standard-lot trading. The decision should therefore be based on the position-sizing structure you actually need rather than simply assuming Micro is only a beginner account.

XM Micro vs Ultra Low: Is the Lower Spread Better?

Our account data shows Micro at 1.0–1.5 pips and Ultra Low at 0.6–1.0 pips, with both accounts carrying no separate trading commission and a $5 minimum deposit. Ultra Low can therefore look more attractive when spread is the main consideration, but Micro serves a different purpose through smaller trade sizing. Traders focused on controlling position size may still prefer Micro, while those becoming more sensitive to transaction costs should compare the effective cost of both accounts.

XM Micro vs Zero: Position Size or Pricing Model?

The difference between Micro and Zero goes beyond the account names. Micro uses a commission-free pricing structure with spreads of 1.0–1.5 pips, while our data lists Zero at 0.0–0.3 pips with a $7-per-lot commission. They therefore target different priorities. Micro can make more sense for traders focused on smaller sizing and simple pricing, whereas Zero becomes more relevant to spread-sensitive traders who are comfortable evaluating total transaction cost after commission.

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 XM Micro account

A Micro account does not make trading low risk

The ability to use smaller trade sizes can help control exposure, but it does not prevent losses. Position size should still reflect account equity, leverage and the amount of capital a trader is prepared to risk.

Micro does not have the lowest XM spread in our data

Broker Alarab data lists Micro spreads at 1.0–1.5 pips. Ultra Low has a tighter displayed range, while Zero combines lower spreads with a commission, so pricing should be compared according to trading style.

Minimum deposit is not the same as suitable trading capital

Our data lists a $5 minimum deposit for XM Micro. That figure represents the account entry requirement and should not be interpreted as the amount of capital appropriate for every strategy or risk level.

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 XM Micro shows 1.0 – 1.5. 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 $5 for XM Micro. 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 XM Micro

Answers to common questions about account comparisons, trading costs and account conditions.

What is the difference between JustMarkets Raw Spread and XM Micro?+
The recorded spread for JustMarkets Raw Spread is 0.0 – 0.3, compared with 1.0 – 1.5 for XM Micro. The advertised commissions are Not specified and $0, 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 XM Micro account?+
The XM Micro account is a trading account built around smaller position sizing compared with conventional standard-lot trading. Broker Alarab data lists spreads of 1.0–1.5 pips, no separate trading commission and a $5 minimum deposit. This can make the account relevant to beginners and traders who want more granular control over market exposure.
What is the XM Micro account minimum deposit?+
The minimum deposit listed in our data for the XM Micro account is $5. The minimum deposit is an account requirement rather than a recommendation for suitable trading capital. The amount actually used for trading should reflect position size, leverage, strategy and the level of risk the trader is prepared to accept.

Explore Both Trading Accounts in Detail

Review the full account information, compare trading conditions and verify the broker's requirements before opening an account.