Broker Comparison

JustMarkets vs XM: Which Is Better?

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

Quick Recommendation
XM

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

Overall
XM
Beginners
Tie
Spreads
Tie

JustMarkets

Low spreads

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

XM

Low deposit

4.5out of 5
XM
Minimum Deposit
$5
Islamic Account
Available
Trading Platforms
MT4 | MT5
Final Verdict

Which broker is better: JustMarkets or XM?

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

Overall Winner
XM

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

Beginners
Close
Spreads
Close
Deposit
XM
Quick Summary

If you want the stronger overall choice, XM 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 XM

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

Best Overall: XMBeginners: Very Close

Safety & Trust

Reflects regulation strength and client fund protection.

Small Edge
JustMarkets4.3 / 5
XM4.5 / 5

Fees & Costs

Measures spreads, trading costs, and general fees.

Small Edge
JustMarkets4.2 / 5
XM4.0 / 5

Trading Platforms

Based on platform quality and available trading tools.

Close
JustMarkets4.4 / 5
XM4.5 / 5

Deposits & Withdrawals

Focuses on funding options and withdrawal convenience.

Better: XM
JustMarkets4.2 / 5
XM5.0 / 5

Support & Customer Service

Compares support quality and overall user experience.

Better: XM
JustMarkets3.8 / 5
XM4.5 / 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 XM.

Quick Summary
Costs Are Close

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

JustMarkets Accounts
4
XM Accounts
4
Beginners
Very Close
Factor
JustMarkets
XM
Main Account
Standard
Micro
Min Deposit
$10
$5
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

XM Accounts

4 available accounts

Micro
Spread
1.0 – 1.5
Commission
$0
Deposit
$5
Execution
Market Execution
Standard
Spread
1.0 – 1.5
Commission
$0
Deposit
$5
Execution
Market Execution
Ultra Low
Spread
0.6 – 1.0
Commission
$0
Deposit
$5
Execution
Market Execution
Zero
Spread
0.0 – 0.3
Commission
$7 per lot
Deposit
$5
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
XM

The strongest overall choice based on this comparison.

Beginners
Both Suitable
Costs
Very Close
Short Decision

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

FAQs

Questions About JustMarkets and XM

Key questions before opening an account.

JustMarkets
XM

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 XM Zero account really cheaper than Standard accounts?

XM Zero offers spreads starting from 0.0 pips, but charges a commission of about $7 per lot round turn. In contrast, Standard accounts include costs in spreads starting around 1.0–1.5 pips, making Zero accounts more suitable for active traders.

What is the real spread on XM accounts in live trading?

XM Standard and Micro accounts typically have spreads between 1.0 to 1.5 pips, while Ultra Low accounts offer tighter spreads from around 0.6 pips. These spreads are variable and can increase during volatility.

Does XM use market execution or instant execution?

XM mainly uses Market Execution across its account types, allowing trades to be executed at the best available price without requotes, but with possible slippage during fast markets.

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