Account One01
Standard Cent
Advertised Spread
1.0 – 1.5
Commission
$0
Minimum Deposit
$10
Detailed Trading Account Comparison
Trading Account Comparison: JustMarkets Standard Centvs Ultima Markets ECN
Explore differences in spreads, commissions, deposits and trading conditions, alongside a detailed review of each account's advantages and limitations.
Account Two02
ECN
Advertised Spread
0.0 - 0.3
Commission
Not specified
Minimum Deposit
$50
ACCOUNT OVERVIEW
What Makes JustMarkets Standard Cent Different from Ultima Markets ECN?
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.
Ultima Markets ECN
The Ultima Markets ECN account is the broker’s tight-spread pricing option for traders who prefer narrower spreads in exchange for a separate commission. According to Broker Alarab data, spreads range from 0.0–0.3 pips, commission is $5 per lot, the minimum deposit is $50 and orders use Market Execution, making ECN a direct alternative to Standard, particularly for active traders.
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
Ultima Markets
ECN
01 — Basic Account Information
Compare the broker, account name, account classification and regulatory information.
Broker
JustMarkets
JustMarkets
Ultima Markets
Ultima Markets
Account Name
JustMarkets
Standard Cent
Ultima Markets
ECN
Account Type
JustMarkets
cent
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
1.0 – 1.5
Ultima Markets
0.0 - 0.3
Minimum Recorded Spread
Based on the available account information.
JustMarkets
0.3
Ultima Markets
0
Average Recorded Spread
JustMarkets
1.2
Ultima Markets
0.1
Advertised Commission
JustMarkets
$0
Ultima Markets
Not specified
03 — Deposits and Execution
Review account funding requirements and order execution characteristics.
Minimum Deposit
JustMarkets
$10
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
Not classified in this category
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 Standard Cent | Ultima Markets ECN |
|---|---|---|
01 — Basic Account Information Compare the broker, account name, account classification and regulatory information. | ||
| Broker | JustMarkets | Ultima Markets |
| Account Name | Standard Cent | ECN |
| Account Type | cent | 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 | 1.0 – 1.5 | 0.0 - 0.3 |
| Minimum Recorded Spread Based on the available account information. | 0.3 | 0 |
| Average Recorded Spread | 1.2 | 0.1 |
| Advertised Commission | $0 | Not specified |
03 — Deposits and Execution Review account funding requirements and order execution characteristics. | ||
| Minimum Deposit | $10 | $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. | Not classified in this category | 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
Standard Cent
Ultima Markets
ECN
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 Ultima Markets ECN as the more compelling option for spread-sensitive traders, especially because its $50 minimum deposit matches Standard in our data. The 0.0–0.3 pip range is attractive, but the $5-per-lot commission must always be included. The better account ultimately depends on total cost at the trader’s actual trading volume.
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
- ✓Spreads range from 0.0–0.3 pips according to Broker Alarab data
- ✓Clearly tighter displayed spread range than the Standard account
- ✓The $50 minimum deposit matches Standard in our data
- ✓Can be relevant to active and spread-sensitive traders
- ✓Pricing structure allows spread and commission to be compared against actual trading volume
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
- !Carries a $5-per-lot trading commission according to our data
- !A spread range starting at 0.0 does not mean a cost-free transaction
- !Commission must be included when comparing ECN with Standard
- !Standard may offer simpler pricing for lower-frequency traders who do not want a separate commission
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?
- •Active traders who place a high priority on tight spreads
- •Frequent traders who closely compare entry and exit costs
- •Traders who prefer ECN pricing and are comfortable with a separate per-lot commission
- •Users seeking tighter spreads than Standard without a higher minimum deposit in our data
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
Ultima Markets ECN vs Standard: Which Account Is Better?
Both accounts have a $50 minimum deposit according to Broker Alarab data, so the comparison centers on trading costs rather than entry requirements. ECN offers spreads of 0.0–0.3 pips with a $5-per-lot commission, while Standard is listed at 1.0–1.5 pips with no separate commission. ECN has a clear displayed spread advantage, while Standard provides the simpler fee model. Determining which is better requires applying the spread difference and commission to the trader’s expected lot size and transaction frequency.
Is Ultima Markets ECN Suitable for Active Trading?
The 0.0–0.3 pip displayed spread range makes ECN worth evaluating for traders making frequent entries and exits or placing a high value on tighter pricing. The $5-per-lot commission scales directly with trading volume, however, so the account should not be judged using spread alone. Active traders should estimate the combined spread and commission cost at their typical position size and compare the result with Standard before choosing.
How Do You Calculate the Real Cost of Ultima Markets ECN?
A common mistake is focusing on the 0.0 starting spread while ignoring commission. Our data lists a $5-per-lot commission for ECN, so spread and commission should be treated as two components of the same transaction cost. Traders can estimate their expected trading volume over a given period and compare accumulated commission with the spread difference between ECN and Standard.
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 Ultima Markets ECN account
A spread starting at 0.0 does not mean zero cost
Our data lists ECN spreads at 0.0–0.3 pips, but the account carries a $5-per-lot commission. Spread and commission should therefore be evaluated together when calculating trading cost.
The $50 minimum does not determine suitable trading capital
Broker Alarab data lists a $50 minimum deposit for ECN. This is an account requirement rather than a recommendation for capital appropriate to a particular strategy, leverage level or risk profile.
ECN and Standard have the same minimum deposit in our data
Our dataset does not require a higher minimum deposit to move from Standard to ECN. The main difference is pricing: wider spreads without commission versus tighter spreads with a per-lot commission.
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 Ultima Markets ECN 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 Standard Cent is $10, compared with $50 for Ultima Markets ECN. 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 Ultima Markets ECN
Answers to common questions about account comparisons, trading costs and account conditions.
What is the difference between JustMarkets Standard Cent and Ultima Markets ECN?+
The recorded spread for JustMarkets Standard Cent is 1.0 – 1.5, compared with 0.0 - 0.3 for Ultima Markets ECN. The advertised commissions are $0 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 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 Ultima Markets ECN account?+
The Ultima Markets ECN account combines tight spreads with a separate commission linked to trading volume. According to Broker Alarab data, spreads range from 0.0–0.3 pips, commission is $5 per lot, the minimum deposit is $50 and orders use Market Execution. The account becomes particularly relevant when compared with Standard for traders who place greater importance on tight pricing.
What is the Ultima Markets ECN spread and commission?+
According to Broker Alarab data, Ultima Markets ECN spreads range from 0.0–0.3 pips and commission is $5 per lot. The displayed spread range is substantially tighter than Standard, but commission must be added when calculating total trading cost. A spread reaching 0.0 pips therefore does not mean a free transaction or guarantee that ECN is cheaper in every situation.
Explore Both Trading Accounts in Detail
Review the full account information, compare trading conditions and verify the broker's requirements before opening an account.