Broker Comparison

JustMarkets vs MultiBank Group: Which Is Better?

A quick comparison between JustMarkets and MultiBank Group across rating, deposit, Islamic account, platforms, and spreads.

Quick Recommendation
MultiBank Group

Best overall based on rating, usability, fees, and account access.

Overall
MultiBank Group
Beginners
Tie
Spreads
Tie

JustMarkets

Low spreads

4.2out of 5
JustMarkets
Minimum Deposit
$10
Islamic Account
Available
Trading Platforms
MT4 | MT5
Best Overall

MultiBank Group

ECN trading

4.5out of 5
MultiBank Group
Minimum Deposit
$50
Islamic Account
Available
Trading Platforms
MT4 | MT5 | WebTrader | Mobile App
Final Verdict

Which broker is better: JustMarkets or MultiBank Group?

A quick summary to help you choose the better broker based on your goal.

Overall Winner
MultiBank Group

Best balance between rating, fees, trust, and usability.

Beginners
Close
Spreads
Close
Deposit
JustMarkets
Quick Summary

If you want the stronger overall choice, MultiBank Group looks more suitable here. For beginners, the closer choice is both brokers. For lower spreads and active trading, the lower-cost account type looks more relevant.

Account opening is completed through the broker’s official website.

Score Analysis

Strength Analysis Between JustMarkets and MultiBank Group

A visual summary showing where each broker performs better in safety, fees, platforms, deposits and withdrawals, and support.

Best Overall: MultiBank GroupBeginners: Very Close

Safety & Trust

Reflects regulation strength and client fund protection.

Small Edge
JustMarkets4.3 / 5
MultiBank Group4.7 / 5

Fees & Costs

Measures spreads, trading costs, and general fees.

Close
JustMarkets4.2 / 5
MultiBank Group4.3 / 5

Trading Platforms

Based on platform quality and available trading tools.

Close
JustMarkets4.4 / 5
MultiBank Group4.5 / 5

Deposits & Withdrawals

Focuses on funding options and withdrawal convenience.

Small Edge
JustMarkets4.2 / 5
MultiBank Group4.5 / 5

Support & Customer Service

Compares support quality and overall user experience.

Better: MultiBank Group
JustMarkets3.8 / 5
MultiBank Group4.7 / 5

These scores help you understand where each broker performs better depending on your priority: safety, costs, platforms, deposits and withdrawals, or support.

Accounts & Trading Costs

Account and Fee Comparison

A quick summary of the main cost factors between JustMarkets and MultiBank Group.

Quick Summary
Costs Are Close

There is no clear cost winner; the account type is the key factor.

JustMarkets Accounts
4
MultiBank Group Accounts
3
Beginners
Very Close
Factor
JustMarkets
MultiBank Group
Main Account
Standard
Standard
Min Deposit
$10
$50
Spread
0.8 – 1.3
1.0 - 1.5
Commission
$0
$0
Execution
Market Execution
Market Execution

JustMarkets Accounts

4 available accounts

Standard
Spread
0.8 – 1.3
Commission
$0
Deposit
$10
Execution
Market Execution
Standard Cent
Spread
1.0 – 1.5
Commission
$0
Deposit
$10
Execution
Market Execution
Pro
Spread
0.5 – 1.0
Commission
$0
Deposit
$200
Execution
Market Execution
Raw Spread
Spread
0.0 – 0.3
Commission
$6 per lot
Deposit
$500
Execution
Market Execution

MultiBank Group Accounts

3 available accounts

Standard
Spread
1.0 - 1.5
Commission
$0
Deposit
$50
Execution
Market Execution
Pro
Spread
0.8 - 1.0
Commission
$0
Deposit
$1000
Execution
Market Execution
ECN
Spread
0.0 - 0.3
Commission
$3 per lot
Deposit
$10,000
Execution
Market Execution

Start with the broker that fits you best

After reviewing accounts and costs, choose the broker that better matches your trading style.

The most important factor is not only the number of accounts, but choosing the account that fits your needs in terms of spread, commission, minimum deposit, and execution method.

Quick Decision

Which Broker Should You Choose Now?

A practical summary to choose the better broker based on your goal.

Overall Recommendation
MultiBank Group

The strongest overall choice based on this comparison.

Beginners
Both Suitable
Costs
Very Close
Short Decision

Choose MultiBank Group if you want the strongest overall option. For an easier start, the closer choice is both brokers.

FAQs

Questions About JustMarkets and MultiBank Group

Key questions before opening an account.

JustMarkets
MultiBank Group

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.

Is MultiBank Group a scam or a legit broker?

MultiBank Group is not a scam and operates under multiple regulators such as ASIC, CySEC, BaFin, and SCA. However, the level of protection depends on the specific entity handling your account, so it's important to verify the jurisdiction before trading.

How fast are withdrawals with MultiBank Group?

Withdrawal speed at MultiBank Group depends on the payment method. E-wallets and cryptocurrencies are usually processed faster, while bank transfers can take longer. Additional verification may be required for large withdrawals.

What are the real trading fees on MultiBank Group?

Trading fees vary by account type. Standard and Pro accounts have no commission with spreads included, while ECN accounts offer raw spreads from 0.0 pips with a commission of around $3 per lot per side.

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