Account One01
Standard
Advertised Spread
0.8 – 1.3
Commission
$0
Minimum Deposit
$10
Detailed Trading Account Comparison
Trading Account Comparison: JustMarkets Standardvs 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 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
The JustMarkets Standard account is the broker’s standard option and is categorized by Broker Alarab for beginners. According to our data, spreads range from 0.8–1.3 pips, there is no separate trading commission, the minimum deposit is $10 and orders use Market Execution. It is an important reference when comparing JustMarkets account types, particularly Standard vs Standard Cent in terms of spreads and account structure.
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
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
Ultima Markets
ECN
Account Type
JustMarkets
standard
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
0.8 – 1.3
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
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 | Ultima Markets ECN |
|---|---|---|
01 — Basic Account Information Compare the broker, account name, account classification and regulatory information. | ||
| Broker | JustMarkets | Ultima Markets |
| Account Name | Standard | ECN |
| Account Type | standard | 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 | 0.8 – 1.3 | 0.0 - 0.3 |
| Minimum Recorded Spread Based on the available account information. | 0.3 | 0 |
| Average Recorded Spread | 1 | 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
Ultima Markets
ECN
Broker Alarab's Assessment
We see JustMarkets Standard as a straightforward entry point for traders seeking a standard account without a separate commission, with a $10 minimum deposit in our data. Its 0.8–1.3 pip spread range is tighter than Standard Cent in our database, but account selection should not be based on spread alone. For beginners, understanding the pricing model and account structure matters more than simply choosing the lowest entry requirement.
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
- ✓No separate trading commission according to Broker Alarab data
- ✓Minimum deposit is $10 in our data
- ✓The 0.8–1.3 pip spread range is tighter than Standard Cent in our database
- ✓Categorized for beginners within our JustMarkets account data
- ✓Straightforward pricing structure based primarily on the spread
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
- !No separate commission does not mean trading is cost-free
- !The spread remains a direct component of opening and closing transaction costs
- !Highly spread-sensitive traders may need to compare the account with Pro and Raw Spread
- !The $10 minimum deposit does not determine 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?
- •Beginners seeking a straightforward JustMarkets standard account
- •Traders who prefer not to pay a separate commission per lot
- •Users looking for an account with a $10 minimum deposit according to our data
- •Traders who prefer a pricing model based primarily on the spread
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
JustMarkets Standard vs Standard Cent: What Is the Difference?
According to Broker Alarab data, Standard and Standard Cent share several characteristics: the listed commission is $0, the minimum deposit is $10 and both use Market Execution. The clear numerical difference in our data is the spread range. Standard is listed at 0.8–1.3 pips compared with 1.0–1.5 pips for Standard Cent. Commission and deposit requirements therefore do not decide the choice, making account structure, spread range and intended use more relevant considerations.
Is the JustMarkets Standard Account Good for Beginners?
Broker Alarab categorizes Standard for beginners in our data. Its straightforward pricing structure can make costs easier to understand because there is no separate trading commission and spreads range from 0.8–1.3 pips. Suitability for beginners does not mean trading itself is simple or low risk. Traders still need to understand spreads, position sizing and capital management and should not interpret the $10 minimum deposit as a recommended amount of trading capital.
How Much Does It Cost to Trade on JustMarkets Standard?
The commission listed for Standard by Broker Alarab is $0, making the spread the primary trading-cost component in our account data. Spreads range from 0.8–1.3 pips and should be included when estimating the cost of entries and exits. As transaction frequency or total trading volume increases, the cumulative impact of spreads can become more important, so commission-free should not be interpreted as cost-free.
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 account
The listed commission is $0
There is no separate trading commission according to Broker Alarab data, but the 0.8–1.3 pip spread remains a direct component 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 suitable trading capital or risk management.
Standard and Standard Cent are not the same account
Although their commission and deposit requirements match in our data, the spread ranges and account types differ, so each account should be evaluated independently.
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 is 0.8 – 1.3, 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 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 vs Ultima Markets ECN
Answers to common questions about account comparisons, trading costs and account conditions.
What is the difference between JustMarkets Standard and Ultima Markets ECN?+
The recorded spread for JustMarkets Standard is 0.8 – 1.3, 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 account?+
The JustMarkets Standard account is the broker’s standard option and is categorized by Broker Alarab for beginners. According to our data, spreads range from 0.8–1.3 pips, the separate commission is $0, the minimum deposit is $10 and orders use Market Execution.
What is the JustMarkets Standard spread and commission?+
According to Broker Alarab data, JustMarkets Standard spreads range from 0.8–1.3 pips and the separate commission is $0. Pricing therefore depends primarily on the spread. No separate commission does not mean cost-free trading because the spread remains a direct component of opening and closing transaction costs.
What is the JustMarkets Standard minimum deposit?+
The JustMarkets Standard minimum deposit listed in Broker Alarab data is $10. This matches the minimum listed for Standard Cent in our table. The figure represents an account requirement in our database rather than a recommendation for appropriate trading capital.
What is the difference between JustMarkets Standard and Standard Cent?+
According to our data, both accounts have a $0 commission, a $10 minimum deposit and Market Execution. Standard has a listed 0.8–1.3 pip spread range, while Standard Cent uses 1.0–1.5 pips. The account type also differs, so selection should be based on intended use rather than the deposit requirement alone.
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.