Compare JustMarkets and Ultima Markets across fees, spreads, regulation, account types, trading platforms and overall suitability for different trading needs.
MetaTrader and low spreads
MetaTrader and multi-asset trading
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.
Ultima Markets offers Standard, Standard Cent, ECN and ECN Cent accounts, with flexible conditions that may suit smaller accounts as well as traders using more active short-term strategies.
It may attract traders comparing leverage, account flexibility and spread-based pricing, but regulatory strength, client protection and the entity serving the account should be reviewed carefully before using high leverage.
Compare JustMarkets and Ultima Markets across the main factors traders consider when choosing a broker.
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.
Compare account types, spreads, commissions and minimum deposits at JustMarkets and Ultima Markets.
Neither broker has a decisive cost advantage, so compare the conditions of each account.
Open each broker to compare the spread, commission, deposit and execution method for every account.
4 available accounts
General traders
General traders
4 available accounts
Low-budget beginners
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.
JustMarkets vs Ultima Markets
Compare safety scores, regulators and the legal entity responsible for each trading account.
The number of licences alone is not enough. Verify the legal entity that will hold your account.
4 registered licences • 4.10 out of 5
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.
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.
2 registered licences • 4.00 out of 5
Ultima Markets appears in the available regulatory data through Ultima Markets ZA (Pty) Ltd, registered with the FSCA in South Africa under number 52497, and Ultima Markets Ltd, supervised by the financial regulator in Mauritius under number GB23201593. This structure is less diverse than that of brokers with entities authorised by the FCA, ASIC or CySEC.
Two regulated entities provide a legal framework for delivering services, but they do not automatically offer the same protection as brokers supervised by leading regulators. Leverage, account conditions, complaint procedures and legal protection may vary according to the entity assigned to the client during registration.
Before opening an Ultima Markets account, traders should verify the legal company name, licence number and permitted activities in the official register. This is particularly important for traders attracted by flexible accounts or promotional conditions, as it helps assess regulatory strength independently from the broker’s trading offer.
Ultima Markets states that client funds are separated from the company’s operating money under the requirements of the entity responsible for the account. Negative balance protection may also apply according to the relevant trading conditions, helping eligible clients limit liability arising from a negative account balance.
The current regulatory structure in our data includes entities supervised by FSCA in South Africa and FSC in Mauritius, without an FCA, ASIC or CySEC-regulated entity. Traders should carefully review the client agreement, withdrawal policy, complaint process and protection limits before depositing or maintaining a large balance with Ultima Markets.
Before depositing, match the legal entity and licence number in your client agreement with the regulator’s official register.
Choose based on your priorities, not the overall rating alone.
The difference is limited. Make your decision based on the account, fees and trading platform you need.
Standard and Raw accounts with flexible entry requirements
Client protection and leverage limits vary by regulatory entity
Standard and ECN accounts with multiple trading options
Regulatory strength and client protection should be reviewed for each legal entity
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.
Concise answers to important questions that may affect your decision before opening an account or choosing the more suitable broker.
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.
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.
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.
Ultima Markets is a real trading broker operating under entities such as FSC and FSCA. While it provides actual trading services, its regulatory strength is lower than top-tier brokers, which is why some user complaints exist, usually related to withdrawals or verification processes.
Withdrawals at Ultima Markets are generally fast for crypto and e-wallets, often processed within hours, while bank transfers can take between 1 to 5 business days depending on the method and verification status.
Withdrawal delays are usually caused by incomplete account verification, security checks, or using a different withdrawal method than the deposit method, which are standard procedures for fund protection.
Conditions, products and regulatory entities vary by country. Review the broker page and client agreement before registering.
Important answers before opening an account or choosing the more suitable broker.
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.
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.
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.
Ultima Markets is a real trading broker operating under entities such as FSC and FSCA. While it provides actual trading services, its regulatory strength is lower than top-tier brokers, which is why some user complaints exist, usually related to withdrawals or verification processes.
Withdrawals at Ultima Markets are generally fast for crypto and e-wallets, often processed within hours, while bank transfers can take between 1 to 5 business days depending on the method and verification status.
Withdrawal delays are usually caused by incomplete account verification, security checks, or using a different withdrawal method than the deposit method, which are standard procedures for fund protection.
Conditions may vary by country and regulatory entity. Review the account details before registering.
