FXOpen vs JustMarkets Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of FXOpen and JustMarkets
| Broker | FXOpen | JustMarkets |
|---|---|---|
| Rating | 4.3/5 | 4.1/5 |
| Foundation Year | 2004 | 2012 |
| Regulated in Countries | United Kingdom, Cyprus, Australia | Seychelles, Cyprus, Mauritius, South Africa |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:500 | 1:3000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | FXOpen Review | JustMarkets Review |
Broker FXOpen is suitable for professional traders and scalping enthusiasts but may not be ideal for beginners due to the lack of training.
JustMarkets is suitable for beginners, offering a demo account and educational materials to learn Forex trading
FXOpen Review
FXOpen is a highly regulated broker with licenses from leading international bodies, which guarantees the safety of investments and compliance with strict standards. The broker offers a wide range of trading instruments, allowing traders to diversify their portfolios. Low spreads and commissions make FXOpen an attractive choice for those looking for a cost-effective trading environment. The availability of various platforms gives traders the flexibility to choose a trading instrument.
FXOpen is ideal for experienced traders who can analyze the market independently and make informed trading decisions without significant educational support. The broker is especially attractive to those who seek variety in trading tools and prefer to use advanced trading platforms.
Pros and Cons of FXOpen
Pros
- Wide range of trading assets.
- Low spreads and commissions.
- Support for various trading platforms.
Cons
- Lack of educational materials.
FXOpen is in the top 10 of the following ratings:
JustMarkets Review
Thanks to a wide range of trading platforms and educational materials, JustMarkets is a worthy choice, especially for novice traders. Experienced traders will also find advantages such as various trading accounts and quality technical support. However, it should be noted that the choice of trading instruments here is less diverse than that of some competitors.
Pros and Cons of JustMarkets
Pros
- A variety of trading accounts and services.
- A wide range of methods for account funding and withdrawal.
- Quality technical support.
- Useful analytical materials.
Cons
- Limited selection of products.
- Educational materials only for beginners.
Reliability
| Broker | FXOpen | JustMarkets |
|---|---|---|
| Reliability | 5/5 | 4/5 |
| Foundation Year | 2004 | 2012 |
| Regulated in Countries | United Kingdom, Cyprus, Australia | Seychelles, Cyprus, Mauritius, South Africa |
| Regulators | - FCA FCA CySEC CySEC ASIC ASIC | SFSA SFSA CySEC CySEC FSC FSC FSCA FSCA - |
FXOpen
FxOpen is a reliable and regulated broker, licensed in many countries, ensuring the safety of funds and a high standard of services.
JustMarkets
JustMarkets is regulated by various authorities, including CySEC and FSCA.
Pros
- Regulation in countries with relatively strict financial laws (Cyprus, South Africa).
- Presence of multiple regulators, indicating a commitment to diversification.
Cons
- Lack of strict regulators such as FCA and ASIC
Account Opening
| Broker | FXOpen | JustMarkets |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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FXOpen
FxOpen provides a simple and convenient account opening process, with an emphasis on security and compliance with regulatory requirements.
JustMarkets
The account opening process on the JustMarkets website is generally simple and fast.
Account Types
| Broker | FXOpen | JustMarkets |
|---|---|---|
| Account Types | 5/5 | 4.8/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:500 | 1:3000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
FXOpen
FxOpen offers a wide selection of trading accounts and additional services.
JustMarkets
JustMarkets offers a good selection of trading accounts, satisfying various traders' needs.
Pros
- Variety of account types.
- Additional services (copy trading, MAM accounts, contests)
- Suitable for various categories of traders
Cons
- Absence of fixed spread accounts
Commissions
| Broker | FXOpen | JustMarkets |
|---|---|---|
| Commissions | 3/5 | 3/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.2 | |
| Commission per Lot | $3.5 | $3 |
FXOpen
FxOpen's commissions are average in the market, with competitive spreads, but high swap rates and inactivity fees.
JustMarkets
The fee structure is at an average level and should meet the needs of most traders.
Deposit and Withdrawal
| Broker | FXOpen | JustMarkets |
|---|---|---|
| Rating | 4.2/5 | 4.5/5 |
| Account Funding Methods |
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FXOpen
FxOpen offers a variety of deposit and withdrawal methods.
Pros
- A large selection of payment systems and cryptocurrencies.
- Fast processing of withdrawal requests.
Cons
- No bank transfer option.
- High commissions for credit cards from the provider.
JustMarkets
The broker offers a variety of methods with zero commission and fast processing of requests.
Pros
- Wide selection of payment systems.
- Zero commission for most operations.
- Fast processing of withdrawal requests.
Cons
- Absence of bank transfer.
Markets and Products
| Broker | FXOpen | JustMarkets |
|---|---|---|
| Markets and Products | 4.6/5 | 4.4/5 |
| Forex | 66 | 61 |
| Precious Metals | 3 | 7 |
| Energy Carriers | 3 | 3 |
| Indices | 12 | 13 |
| Stocks | 553 | 163 |
| ETF | 56 | - |
| Cryptocurrency | 41 | 9 |
FXOpen
FxOpen offers a good selection of assets but without soft commodities.
JustMarkets
JustMarkets offers a variety of investment instruments, suitable for many traders.
Pros
- Availability of various asset classes.
- Flexible opportunities for trading strategies.
Cons
- The overall number of products is less than competitors.
Trading Platforms
| Broker | FXOpen | JustMarkets |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Trading Platforms |
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FXOpen
FXOpen offers a wide range of trading platforms, catering to different types of traders.
JustMarkets
Broker JustMarkets offers reliable MT4 and MT5 platforms with extensive functionality and support for various OS.
Pros
- Availability of two popular platforms (MT4 and MT5).
- Support for multiple operating systems.
Cons
- Lack of unique platforms with exclusive features.
Analytics
| Broker | FXOpen | JustMarkets |
|---|---|---|
| Rating | 4/5 | 4/5 |
FXOpen
FXOpen provides a solid package of analytical tools, offering traders valuable resources for making trading decisions.
JustMarkets
Broker JustMarkets offers a useful analytical section with a variety of tools and expert opinions.
Pros
- Economic calendar for planning.
- Expert analysis of the stock market.
- Market reviews and news.
Cons
- Daily forecasts available only in English.
- Analytics may not be deep enough for advanced traders.
- Lack of trading signals.
Education
| Broker | FXOpen | JustMarkets |
|---|---|---|
| Rating | 2/5 | 3/5 |
FXOpen
FXOpen invests little in trader education, offering only basic articles and a glossary of terms.
JustMarkets
The broker takes good care of beginners by providing basic educational materials. However, there is little on offer for experienced traders.
Pros
- Structured materials for beginners.
- Availability of webinars on technical analysis.
Cons
- Lack of materials for experienced traders.
- Limited language range (mostly English).
- No advanced courses and seminars.
Customer Support
| Broker | FXOpen | JustMarkets |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
YouTube
Facebook
Twitter
Telegram
LinkedIn
Whatsapp
Instagram
Viber
Messenger
LineFXOpen
FXOpen offers reliable support, and a variety of communication channels adds flexibility.
JustMarkets
The service stands out with 24/7 availability, multilingual support, and a variety of communication channels. The efficiency and professionalism of the staff are also at a high level.
