Broker Alarab
Broker Comparison

JustMarkets vs Moneta Markets: Which Broker Is Better?

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

Best Overall
JustMarkets
Overall Rating
Best for Beginners
Both are suitable
Costs and Execution
Closely matched
Direct Comparison

JustMarkets vs Moneta Markets

VS
JustMarkets logo

JustMarkets

4.15out of 5
Best Suited For

MetaTrader and low spreads

Moneta Markets logo

Moneta Markets

4.00out of 5
Best Suited For

ECN and automated trading

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 Moneta Markets▼

Moneta Markets provides several pricing models through Direct STP, Prime ECN and Ultra ECN accounts, with MT4, MT5 and PRO Trader support for traders with different levels of activity.

Its ECN accounts may appeal to scalpers and higher-volume traders, but Ultra ECN requires a higher deposit and regulatory protection, trading conditions and available products vary by entity.

Score Analysis

Strength Comparison

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

Comparison Factor
JustMarkets
Moneta Markets

Safety & Trust

4.10
3.75

Fees & Costs

4.20
4.25

Trading Platforms

4.15
4.15

Deposits & Withdrawals

4.25
4.10

Customer Support

4.05
3.75

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 Moneta Markets.

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
Moneta Markets
3
available accounts
Ease of Entry
Best for Beginners
Both are suitable
Comparison
JustMarkets
Moneta Markets
Main Account
Standard
Direct STP
Minimum Deposit
$10
$50
Spread
0.8 – 1.3
1.2 - 1.6
Commission
$0
$0
Execution
Market Execution
STP 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

Moneta Markets Accounts

3 available accounts

▼
Direct STP

Beginners and commission-free trading

Details
Spread
1.2 - 1.6
Commission
$0
Deposit
$50
Execution: STP Execution
Prime ECN

Scalpers, EAs and active traders

Details
Spread
0.0 - 0.3
Commission
$6 per lot
Deposit
$50
Execution: ECN Execution
Ultra ECN

Professional traders and money managers

Details
Spread
0.0 - 0.2
Commission
$2 per lot
Deposit
$20,000
Execution: ECN 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
Moneta Markets
Start Now
Safety & Regulation

Compare Broker Safety

JustMarkets vs Moneta Markets

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

JustMarkets
4.10
Safety score out of 5
Moneta Markets
3.75
Safety score out of 5
JustMarkets
4 licencesIslamic account
Moneta Markets
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 licences • 4.10 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.

Moneta Markets logo
Regulatory Profile

Moneta Markets Licences

3 registered licences • 3.75 out of 5

▼
Headquarters
Ebene, Mauritius
Islamic Account
Available

Regulators

3 records
FCAStrong oversight
Financial Conduct Authority
Licence Number
613381
Legal Entity
MONETA MARKETS CAPITAL LTD
United Kingdom
Official Check
FSCAModerate oversight
Financial Sector Conduct Authority
Licence Number
47490
Legal Entity
Moneta Markets (Pty) Ltd
South Africa
Official Check
FSC MauritiusInternational oversight
Financial Services Commission Mauritius
Licence Number
GB24203391
Legal Entity
Moneta Markets Trading Limited
Regulation and Fund Protection
Read the full analysis
▼

Regulatory Summary

Moneta Markets operates through entities that include MONETA MARKETS CAPITAL LTD, associated with UK FCA register number 613381, Moneta Markets (Pty) Ltd, authorised by the FSCA in South Africa under number 47490, and Moneta Markets Trading Limited, regulated by the FSC in Mauritius under number GB24203391. Traders should verify the scope of each entity’s authorisation rather than relying on a registration number alone.

The service, products, leverage and complaint procedures available to Moneta Markets clients may vary according to the entity accepting the account. The appearance of a company name in a regulator’s register does not automatically mean that every product offered by the brand is available or protected in the same way.

Before opening an account, traders should review the legal company name, licence status and permitted activities in the official register. This is important when comparing platform access and trading conditions because it identifies the entity responsible for the account and the level of legal protection actually available.

Client Fund Protection at Moneta Markets

Moneta Markets states that client funds are held in segregated accounts. Its protection materials also refer to the use of a highly rated banking institution, negative balance protection and additional professional indemnity insurance. These arrangements are intended to separate eligible client money from funds used for the broker’s business operations.

The bank used, insurance scope, coverage limits and client eligibility may differ according to the legal entity and account agreement. These measures should not be treated as an unconditional guarantee of client funds. Traders should review the documents applying to the FCA, FSCA or FSC entity responsible for their account 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
JustMarkets

JustMarkets has the higher overall rating, but review why each broker may suit you before deciding.

Easier Start
Both are suitable
Fees & Costs
Costs are closely matched
JustMarkets logo
Best Choice by Overall Rating

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

Moneta Markets logo
Alternative Choice by Priority

Moneta Markets

4.00
out of 5
Choose This Broker If You Want

STP and ECN account options for different trading levels

ScalpersExpert Advisor users
Important

ECN accounts require comparison of deposits, commissions and trading conditions

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 Moneta Markets

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

JustMarkets
Moneta Markets

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 Moneta Markets

3 questions

What is the difference between Moneta Markets Direct STP, Prime ECN and Ultra ECN?

▼

Direct STP uses commission-free pricing from about 1.2 pips. Prime ECN offers spreads from 0.0 pips with an approximately $6 round-turn commission, while Ultra ECN reduces commission to around $2 but requires a much larger deposit.

Is the Moneta Markets Ultra ECN account worth a $20,000 deposit?

▼

It may benefit genuinely high-volume traders because of the lower commission, but it is unsuitable for most retail clients. The expected fee savings should be compared with the capital requirement and trading risk.

Is Prime ECN cheaper than Direct STP at Moneta Markets?

▼

Prime ECN can be cheaper for scalping and frequent trading because of its lower spreads, but it adds a commission. Direct STP may be simpler for less active traders.

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