Broker Alarab
Broker Comparison

JustMarkets vs FBS: Which Broker Is Better?

Compare JustMarkets and FBS across fees, spreads, regulation, account types, trading platforms and overall suitability for different trading needs.

Best Overall
JustMarkets
Overall Rating
Best for Beginners
FBS
Costs and Execution
Closely matched
Direct Comparison

JustMarkets vs FBS

VS
JustMarkets logo

JustMarkets

4.15out of 5
Best Suited For

MetaTrader and low spreads

FBS logo

FBS

4.05out of 5
Best Suited For

Beginners and low deposits

Broker Alarab View
Our View on JustMarkets

JustMarkets suits traders who want flexibility from cent and standard accounts up to more advanced options, but the best conditions depend on choosing the right account type.

Our View on FBS

FBS focuses on making forex trading easier to start through a Standard account, accessible deposit requirements, MT4 and MT5 support and a mobile trading experience.

It may be suitable for beginners and smaller-account traders who value straightforward funding options, but professionals looking for Raw or ECN-style pricing and more advanced execution conditions may require a different setup.

Score Analysis

Strength Comparison

Compare JustMarkets and FBS across the main factors traders consider when choosing a broker.

Comparison Factor
JustMarkets
FBS

Safety & Trust

4.10
4.00

Fees & Costs

4.20
4.15

Trading Platforms

4.15
4.15

Deposits & Withdrawals

4.25
4.15

Customer Support

4.05
3.80

Small score differences do not mean the brokers are identical. Choose according to the factor that matters most to you, such as regulation, trading costs, platforms, withdrawals or customer support.

Accounts & Trading Costs

Compare Accounts and Fees

Compare account types, spreads, commissions and minimum deposits at JustMarkets and FBS.

Quick Cost Comparison
Trading costs are closely matched

Neither broker has a decisive cost advantage, so compare the conditions of each account.

JustMarkets
4
available accounts
FBS
1
available account
Ease of Entry
Best for Beginners
FBS
Comparison
JustMarkets
FBS
Main Account
Standard
Standard
Minimum Deposit
$10
$5
Spread
0.8 – 1.3
0.7 - 1.3
Commission
$0
$0
Execution
Market Execution
Market Execution
Account Details

Explore Available Account Types

Open each broker to compare the spread, commission, deposit and execution method for every account.

JustMarkets Accounts

4 available accounts

Spread
0.8 – 1.3
Commission
$0
Deposit
$10
Execution: Market Execution
Standard Cent

General traders

Details
Spread
1.0 – 1.5
Commission
$0
Deposit
$10
Execution: Market Execution
Pro

General traders

Details
Spread
0.5 – 1.0
Commission
$0
Deposit
$200
Execution: Market Execution
Raw Spread

General traders

Details
Spread
0.0 – 0.3
Commission
$6 per lot
Deposit
$500
Execution: Market Execution

FBS Accounts

1 available account

Standard

Beginners and low-deposit traders

Details
Spread
0.7 - 1.3
Commission
$0
Deposit
$5
Execution: Market Execution

Do not choose a broker based only on the number of accounts. Compare spreads, commissions, minimum deposits and execution methods before selecting a trading account.

Choose the Broker That Fits Your Trading

Continue after reviewing the available accounts and trading costs.

JustMarkets
Start Now
Safety & Regulation

Compare Broker Safety

JustMarkets vs FBS

Compare safety scores, regulators and the legal entity responsible for each trading account.

JustMarkets
4.10
Safety score out of 5
FBS
4.00
Safety score out of 5
JustMarkets
4 licencesIslamic account
FBS
3 licencesIslamic account

The number of licences alone is not enough. Verify the legal entity that will hold your account.

JustMarkets logo
Regulatory Profile

JustMarkets Licences

4 registered licences4.10 out of 5

Headquarters
Limassol, Cyprus
Islamic Account
Available

Regulators

4 records
CySECStrong oversight
Cyprus Securities and Exchange Commission
Licence Number
401/21
Legal Entity
JustMarkets Ltd
FSAInternational oversight
Financial Services Authority Seychelles
Licence Number
SD088
Legal Entity
Just Global Markets Ltd
Seychelles
Official Check
FSC BelizeInternational oversight
Financial Services Commission Belize
Licence Number
GB22200881
Legal Entity
Just Global Markets (MU) Limited
FSC BVIInternational oversight
British Virgin Islands Financial Services Commission
Licence Number
SIBA/L/24/1177
Legal Entity
Just Global Markets (VG) Limited
British Virgin Islands
Official Check
Regulation and Fund Protection
Read the full analysis

Regulatory Summary

JustMarkets emphasizes client protection features such as segregated accounts and negative balance protection in its official materials. Its trust profile is practical, though the strength of safeguards still depends on the operating entity.

Client Fund Protection at JustMarkets

JustMarkets states that client funds are held separately from the company’s operating funds. Negative balance protection is also available under the conditions of the relevant account and legal entity, helping prevent eligible clients from being required to cover a negative balance caused by exceptional market movements.

The legal strength of these safeguards is not identical for every JustMarkets client. Client-money rules, investor compensation arrangements and complaint procedures may differ between the CySEC-regulated entity and international entities regulated in Seychelles, Mauritius or the British Virgin Islands. Traders should confirm the legal company responsible for their account before depositing.

FBS logo
Regulatory Profile

FBS Licences

3 registered licences4.00 out of 5

Headquarters
Belize City, Belize
Islamic Account
Available

Regulators

3 records
CySECStrong oversight
Cyprus Securities and Exchange Commission
Licence Number
331/17
Legal Entity
Tradestone Ltd
FSAInternational oversight
Financial Services Authority Seychelles
Licence Number
SD066
Legal Entity
FBS Trading (Seychelles) Ltd
Seychelles
Official Check
FSC BelizeInternational oversight
Financial Services Commission Belize
Licence Number
4077102
Legal Entity
FBS Markets Inc.
Regulation and Fund Protection
Read the full analysis

Regulatory Summary

FBS operates through entities that include Tradestone Ltd, authorised by CySEC under licence number 331/17; FBS Trading (Seychelles) Ltd, regulated by the Seychelles FSA under licence number SD066; and FBS Markets Inc, supervised by the financial regulator in Belize. The entity available to each client depends on the country of residence and the website used during registration.

The CySEC entity represents the strongest regulatory framework within the group for eligible clients, while international services are often provided through Seychelles or Belize entities. These entities may offer more flexible leverage or promotions, but investor protection, complaint procedures and compensation arrangements may not match those available under the European entity.

Before opening an FBS account or relying on promotional offers, traders should verify the legal company name and licence number in the client agreement. This is particularly important for beginners, who should not confuse easy funding or attractive promotions with the regulatory protection that actually applies to their account and funds.

Client Fund Protection at FBS

FBS states that client funds are held separately from company operating funds and that negative balance protection is available under the conditions of the relevant account and legal entity. The broker also uses Margin Call and Stop Out levels to manage margin exposure when an account’s available equity falls during market movements.

Margin Call and Stop Out mechanisms do not guarantee client funds or prevent trading losses. Fund protection, complaint procedures and regulatory safeguards may differ between Tradestone Ltd under CySEC and the international entities in Seychelles or Belize. Traders should review the legal company, withdrawal policy and account conditions before depositing.

Before depositing, match the legal entity and licence number in your client agreement with the regulator’s official register.

Comparison Summary

Which Broker Fits You?

Choose based on your priorities, not the overall rating alone.

Overall Result
The two brokers are closely matched

The difference is limited. Make your decision based on the account, fees and trading platform you need.

Easier Start
FBS
Fees & Costs
Costs are closely matched
JustMarkets logo
Alternative Choice by Priority

JustMarkets

4.15
out of 5
Choose This Broker If You Want

Standard and Raw accounts with flexible entry requirements

BeginnersLow-deposit traders
Important

Client protection and leverage limits vary by regulatory entity

FBS logo
Alternative Choice by Priority

FBS

4.05
out of 5
Choose This Broker If You Want

Simple trading account with a relatively low minimum deposit

BeginnersLow-deposit traders
Important

Account and pricing options may be less varied for professional traders

Final Decision
Broker Alarab View

JustMarkets suits traders who want flexibility from cent and standard accounts up to more advanced options, but the best conditions depend on choosing the right account type.

Check the account conditions, fees and regulatory entity available in your country before registering.

Frequently Asked Questions

Questions About JustMarkets and FBS

Important answers before opening an account or choosing the more suitable broker.

JustMarkets
FBS

Questions About JustMarkets

3 questions

Is JustMarkets a reliable broker or is there risk involved?

JustMarkets operates under multiple regulatory entities such as CySEC, FSA, and FSCA, but protection levels vary depending on the region. While many traders report smooth execution and fast withdrawals, others raise concerns about offshore regulation and limited protection compared to top-tier brokers.

What is the minimum deposit required to trade on JustMarkets?

The minimum deposit on JustMarkets can start as low as $1 depending on the account type and payment method, although most standard trading accounts typically require around $10.

How competitive are spreads and commissions on JustMarkets?

JustMarkets offers spreads starting from around 0.8 pips on Standard accounts and from 0.0 pips on Raw Spread accounts, where a commission of about $6 per lot is applied. Overall trading costs are considered competitive compared to similar brokers.

Questions About FBS

3 questions

Does FBS currently offer only a Standard account?

FBS currently presents its Standard account as the main live trading option for many international clients. Older Cent, ECN or other account names may still appear in outdated reviews or different entities.

Is the FBS minimum deposit really $5?

The advertised starting deposit is around $5 for the main account, but the practical minimum can depend on the payment method, account currency and client country.

Is the advertised 0.7-pip FBS spread always available?

No. The 0.7-pip figure is a starting spread. Live spreads are variable and may widen during economic news, volatile sessions, market openings or lower liquidity.

Conditions may vary by country and regulatory entity. Review the account details before registering.