Broker Alarab
Detailed Trading Account Comparison

Trading Account Comparison: JustMarkets Standard Centvs IC Markets Standard

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

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ACCOUNT OVERVIEW

What Makes JustMarkets Standard Cent Different from IC Markets Standard?

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 Standard Cent

The JustMarkets Standard Cent account is the cent account within the JustMarkets lineup listed by Broker Alarab and is categorized in our data for general traders. Spreads range from 1.0–1.5 pips, there is no separate trading commission, the minimum deposit is $10 and orders use Market Execution. It is particularly relevant to users searching for a JustMarkets Cent account or comparing Standard Cent with the regular Standard account.

IC Markets Standard

The IC Markets Standard account is the broker’s straightforward pricing option for traders who prefer trading without a separate per-lot commission. According to Broker Alarab data, spreads range from 0.8–1.0 pips, commission is $0, the minimum deposit is $200 and orders use Market Execution. We categorize it for beginners, while comparing Standard with IC Markets Raw accounts becomes increasingly important as trading activity grows.

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
Standard Cent
IC Markets
Standard

01 — Basic Account Information

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

Broker

JustMarkets
JustMarkets
IC Markets
IC Markets

Account Name

JustMarkets
Standard Cent
IC Markets
Standard

Account Type

JustMarkets
cent
IC Markets
standard

Broker Regulatory Licenses

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

JustMarkets
CySEC | FSA | FSC | BVI
IC Markets
ASIC | CySEC | FSA | SCB

02 — Spreads and Trading Costs

Compare the recorded trading costs without assuming undocumented pricing.

Advertised Spread Range

JustMarkets
1.0 – 1.5
IC Markets
0.8 - 1.0

Minimum Recorded Spread

Based on the available account information.

JustMarkets
0.3
IC Markets
0.8

Average Recorded Spread

JustMarkets
1.2
IC Markets
0.9

Advertised Commission

JustMarkets
$0
IC Markets
$0

03 — Deposits and Execution

Review account funding requirements and order execution characteristics.

Minimum Deposit

JustMarkets
$10
IC Markets
$200

Order Execution Method

JustMarkets
Market Execution
IC Markets
Market Execution

Trading Platforms

Available platforms may differ by account type.

JustMarkets
MT4 | MT5
IC Markets
MT4 | MT5 | cTrader | TradingView

04 — Account Features and Conditions

Review relevant account characteristics and trading suitability.

Scalping Suitability

An internal classification, not a guarantee of suitability.

JustMarkets
Not classified in this category
IC 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
IC Markets
ASIC | CySEC | FSA | SCB

Broker Maximum Leverage

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

JustMarkets
1:3000
IC Markets
1:500

Open a Trading Account

JustMarkets
Open Account ↗
IC Markets
Open 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

Standard Cent

IC Markets logo

IC Markets

Standard

Broker Alarab's Assessment

We see the primary value of JustMarkets Standard Cent as its cent-account structure rather than offering the tightest spread among the broker’s accounts in our data. It starts at $10 without a separate commission, but its 1.0–1.5 pip range is wider than Standard. Traders specifically seeking a cent account should therefore consider account structure first and then compare costs with the alternatives.

Broker Alarab's Assessment

We see IC Markets Standard as better suited to traders who value simple commission-free pricing, particularly beginners who do not want to calculate spread and commission together. However, IC Markets offers several Raw alternatives, making comparison essential. Its 0.8–1.0 pip range can matter more as volume and trading frequency increase, so zero commission alone should not determine the choice.

Account Advantages

  • ✓Recorded as a Cent account in Broker Alarab data
  • ✓No separate trading commission according to our data
  • ✓Minimum deposit is $10
  • ✓Pricing structure based primarily on the spread
  • ✓Provides a distinct alternative to the regular Standard account for users specifically seeking a cent account

Account Advantages

  • ✓No separate trading commission according to Broker Alarab data
  • ✓Spreads range from 0.8–1.0 pips in our data
  • ✓Straightforward cost structure that is easier for beginners to understand
  • ✓Minimum deposit is $200 according to our data
  • ✓Provides a clear alternative for traders who do not want tight-spread pricing with a separate commission

Disadvantages and Considerations

  • !The 1.0–1.5 pip spread range is wider than Standard in our data
  • !No separate commission does not mean trading is cost-free
  • !Traders focused only on obtaining tighter spreads should compare the account with other options
  • !The $10 minimum deposit is not a recommendation for an appropriate amount of trading capital

Disadvantages and Considerations

  • !Spread range is wider than the Raw accounts listed in our data
  • !Commission-free does not mean the transaction has no cost
  • !Spread cost can become more important for scalping and frequent trading
  • !Active traders should compare Standard with Raw Spread and the professional Raw tiers before choosing

Who Is This Account Suitable For?

  • •Users specifically searching for a JustMarkets Cent account
  • •Traders seeking a cent account without a separate trading commission in our data
  • •Users looking for a $10 minimum deposit requirement according to the account data
  • •Traders comparing Standard Cent with Standard before selecting an account type

Who Is This Account Suitable For?

  • •Beginners looking for an IC Markets account with easy-to-understand pricing
  • •Traders who prefer not to pay a separate commission per lot
  • •Lower-frequency traders who are not focused exclusively on obtaining the tightest possible spread
  • •Users who prefer a primarily spread-based cost model instead of combining spread and commission

Detailed Account Analysis

What Is the JustMarkets Standard Cent Account?

Standard Cent is the account recorded with the cent account type in Broker Alarab’s JustMarkets data. According to our database, the account has a $10 minimum deposit, no separate trading commission, 1.0–1.5 pip spreads and Market Execution. Its main distinction from Standard is not the deposit or commission because those figures match in our data, but the account type itself together with the difference in spread range.

JustMarkets Standard Cent vs Standard: Which Has the Lower Spread?

According to Broker Alarab data, Standard has a listed 0.8–1.3 pip spread range, while Standard Cent is listed at 1.0–1.5 pips. Both accounts have a $0 commission and a $10 minimum deposit. Standard therefore has the tighter listed spread range in our data, but the accounts are not identical because Standard Cent is a cent account while Standard is the regular standard account.

Is the JustMarkets Standard Cent Account Commission-Free?

Yes, the separate commission listed for the account in Broker Alarab data is $0. This should not be interpreted as cost-free trading, however. Standard Cent uses a 1.0–1.5 pip spread range, and that spread remains a direct component of transaction cost. The account should therefore be evaluated using both its cent-account structure and spread range rather than choosing solely because there is no separate commission.

Detailed Account Analysis

IC Markets Standard vs Raw Spread: Which Account Is Better?

This is one of the most important comparisons when choosing an IC Markets account. According to Broker Alarab data, Standard uses a 0.8–1.0 pip spread range with no separate commission, while Raw Spread uses 0.0–0.3 pips with a $7-per-lot commission. Both have a $200 minimum deposit in our data, so the entry requirement does not decide the comparison. Standard provides simpler pricing, while Raw Spread reduces the spread in exchange for commission. The better option depends on lot size, trading frequency and the total cost produced by each structure.

Is the IC Markets Standard Account Good for Beginners?

Broker Alarab categorizes Standard for beginners, and one reason this type of account can suit newer traders is the clarity of its cost structure. There is no separate per-lot commission, allowing traders to focus primarily on the spread when understanding entry and exit costs. This does not reduce trading risk or guarantee that Standard is always the cheapest account. Its main advantage for beginners is pricing simplicity, while Raw accounts can be compared later as trading size and frequency increase.

When Does a Raw Account Make More Sense Than Standard?

As traders become more spread-sensitive or increase their transaction frequency and trading volume, comparing Standard with the Raw accounts becomes more important. Standard is listed at 0.8–1.0 pips in our data, while several Raw options use tighter ranges with separate commissions. Traders should translate both the spread difference and commission into an effective cost at their expected lot size. This produces a more useful decision than relying only on labels such as commission-free or tight spread.

Important details about the JustMarkets Standard Cent account

Standard Cent is recorded as a Cent account in our data

This is an important distinction from Standard because the accounts share several pricing conditions but are not the same account type.

The listed commission is $0

There is no separate trading commission according to Broker Alarab data, but the 1.0–1.5 pip spread remains part of trading cost.

The minimum deposit is $10

This is the account requirement stored in our data and is not a recommendation that $10 represents appropriate trading capital or risk management.

Important details about the IC Markets Standard account

Commission-free does not mean free trading

Standard has a $0 commission in our data, but its 0.8–1.0 pip spread range remains an important component of transaction cost and should be included in comparisons.

The minimum deposit in our data is $200

Broker Alarab lists a $200 minimum deposit for Standard. This is an account requirement rather than a recommendation for suitable trading capital or risk.

Compare Standard and Raw using total trading cost

The presence of commission on a Raw account or its absence on Standard does not determine the cheaper option by itself. Spread differences and commission should be compared using expected volume and transaction frequency.

Read the Full Account Review →
Read the Full Account Review →
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 Standard Cent is 1.0 – 1.5, while IC Markets Standard shows 0.8 - 1.0. 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 Standard Cent is $10, compared with $200 for IC Markets Standard. 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 Standard Cent vs IC Markets Standard

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

What is the difference between JustMarkets Standard Cent and IC Markets Standard?+
The recorded spread for JustMarkets Standard Cent is 1.0 – 1.5, compared with 0.8 - 1.0 for IC Markets Standard. The advertised commissions are $0 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 Standard Cent account?+
JustMarkets Standard Cent is the cent account listed in Broker Alarab’s JustMarkets data. According to our database, spreads range from 1.0–1.5 pips, the separate commission is $0, the minimum deposit is $10 and orders use Market Execution. The account is recorded with the cent account type.
What is the JustMarkets Standard Cent spread and commission?+
According to Broker Alarab data, Standard Cent spreads range from 1.0–1.5 pips and the separate commission is $0. Pricing therefore depends primarily on the spread. No separate commission does not mean cost-free trading, and the spread should be considered when evaluating transaction costs.
What is the JustMarkets Cent account minimum deposit?+
The minimum deposit listed in Broker Alarab data for Standard Cent is $10. This matches the minimum listed for Standard. The figure represents an account requirement in our database rather than a recommendation for appropriate trading capital or risk.
What is the difference between JustMarkets Standard Cent and Standard?+
According to our data, both accounts have a $0 commission, a $10 minimum deposit and Market Execution. Standard Cent uses 1.0–1.5 pip spreads and is recorded as a cent account, while Standard uses 0.8–1.3 pips and is recorded as a standard account. Both account type and spread range therefore differ.
What is the IC Markets Standard account?+
The IC Markets Standard account has no separate trading commission and is categorized by Broker Alarab for beginners. According to our data, spreads range from 0.8–1.0 pips, commission is $0, the minimum deposit is $200 and orders use Market Execution. It differs from the Raw accounts by placing trading cost primarily within the spread instead of combining tighter spreads with a separate commission.
What is the IC Markets Standard spread and commission?+
According to Broker Alarab data, IC Markets Standard spreads range from 0.8–1.0 pips and there is no separate trading commission. The spread therefore represents the primary transaction cost. Zero commission does not mean cost-free trading, which is why Standard and Raw Spread should be compared using total trading cost rather than commission alone.

Explore Both Trading Accounts in Detail

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

View JustMarkets Standard Cent →View IC Markets Standard →
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