Gerchik & Co 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 Gerchik & Co and JustMarkets
| Broker | Gerchik & Co | JustMarkets |
|---|---|---|
| Rating | 3.9/5 | 4.1/5 |
| Foundation Year | 2015 | 2012 |
| Regulated in Countries | Vanuatu | Seychelles, Cyprus, Mauritius, South Africa |
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0 points |
| Max Leverage | 1:100 | 1:3000 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Review | Gerchik & Co Review | JustMarkets Review |
Gerchik & Co is suitable for beginner traders, thanks to qualified support and good educational courses
JustMarkets is suitable for beginners, offering a demo account and educational materials to learn Forex trading
Gerchik & Co Review
Gerchik & Co. serves as a commendable platform for traders of all levels. The wide array of trading instruments and platforms makes this broker attractive to novices and seasoned traders.
The educational materials provided by the broker can be particularly beneficial for beginners and those looking to deepen their knowledge. In addition, the broker offers a variety of technical support communication options, which can be valuable for traders requiring immediate assistance.
This broker is suitable for novice and experienced traders due to its comprehensive approach and attention to detail regarding trading and education.
Pros and Cons of Gerchik & Co
Pros
- Transparent information about the broker's owners.
- A large number of trading accounts.
- Decent services that can help improve Forex trading.
- Educational courses, webinars, analytics.
- Opportunity for passive income on TIMA accounts.
- Contests on demo accounts and broker promotions.
Cons
- High commission for transactions on certain types of accounts.
- The website and personal account area may seem inconvenient (according to reviews).
- High deposit requirements for training or using services.
Gerchik & Co 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 | Gerchik & Co | JustMarkets |
|---|---|---|
| Reliability | 3.4/5 | 4/5 |
| Foundation Year | 2015 | 2012 |
| Regulated in Countries | Vanuatu | Seychelles, Cyprus, Mauritius, South Africa |
| Regulators | VFSC VFSC | SFSA SFSA CySEC CySEC FSC FSC FSCA FSCA - |
Gerchik & Co
The professional approach, risk management systems, trading education, and the protection of traders' interests by the international Financial Commission, lend Gerchik & Co a sufficient degree of reliability and regulation.
Pros
- Member of the FinaCom
- Quality of service confirmed by Verify My Trade
Cons
- Only a license from an offshore regulator
JustMarkets
JustMarkets is regulated by various authorities, including CySEC and FSCA, as well as less stringent ones such as SFSA and VFSC.
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 | Gerchik & Co | JustMarkets |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
|
|
Gerchik & Co
Gerchik & Co offers its clients a simple and quick account opening process. All that's required is to fill out the registration form on the website, choose the type of account, and enter personal details.
JustMarkets
The account opening process on the JustMarkets website is generally simple and fast.
Account Types
| Broker | Gerchik & Co | JustMarkets |
|---|---|---|
| Account Types | 4/5 | 4.8/5 |
| Trading Accounts |
|
|
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0 points |
| Max Leverage | 1:100 | 1:3000 |
| Trading Assets (CFDs) |
|
|
| Trading Platforms |
|
|
| Demo Account | ||
| Swap-free Account |
Gerchik & Co
Gerchik & Co provides an acceptable choice of trading accounts, making it attractive for traders with different levels of experience and investment goals.
Pros
- STP accounts
- Contests on demo accounts
- Availability of TIMA accounts
Cons
- No cent accounts
- No accounts with fixed spreads
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 | Gerchik & Co | JustMarkets |
|---|---|---|
| Commissions | 2/5 | 3/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | ||
| Commission per Lot | $5 | $3 |
Gerchik & Co
Although Gerchik & Co offers competitive spreads and there are no commissions for withdrawing funds and no inactivity fees, the transaction commission may be significant for traders, especially those who conduct many transactions.
Pros
- No commission for fund withdrawal
- No inactivity fee
Cons
- High trading fees
JustMarkets
The fee structure is at an average level and should meet the needs of most traders.
Deposit and Withdrawal
| Broker | Gerchik & Co | JustMarkets |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Account Funding Methods |
|
|
Gerchik & Co
Gerchik & Co provides a wide range of deposit and withdrawal methods, allowing users to choose the most convenient option. Both traditional payment systems and cryptocurrency wallets are available.
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 | Gerchik & Co | JustMarkets |
|---|---|---|
| Markets and Products | 4.4/5 | 4.4/5 |
| Forex | 66 | 61 |
| Precious Metals | 7 | 7 |
| Energy Carriers | 3 | 3 |
| Indices | 14 | 13 |
| Stocks | 296 | 163 |
| ETF | 21 | - |
| Cryptocurrency | 11 | 9 |
Gerchik & Co
Gerchik & Co offers a decent selection of trading instruments and markets with 66 currency pairs and over 300 CFDs on various assets. However, some brokers offer a broader range of products, including more cryptocurrency pairs and commodities.
Pros
- Good choice of currency pairs
- Stocks from the US, Europe, and the UK are available
Cons
- No exchange-traded 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 | Gerchik & Co | JustMarkets |
|---|---|---|
| Rating | 4/5 | 4/5 |
| Trading Platforms |
|
|
Gerchik & Co
MetaTrader 4 and MetaTrader 5 are reliable and functional platforms, but having Gerchik & Co's own innovative platform or mobile application could enhance this rating.
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 | Gerchik & Co | JustMarkets |
|---|---|---|
| Rating | 5/5 | 4/5 |
Gerchik & Co
The analytical capabilities provided by Gerchik & Co appear to be very strong and multifunctional.
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 | Gerchik & Co | JustMarkets |
|---|---|---|
| Rating | 5/5 | 3/5 |
Gerchik & Co
The broker offers various educational materials, including courses, video lessons, a book, and even an educational mobile app.
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 | Gerchik & Co | JustMarkets |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Email Support |
|
|
| Hotline Phones |
|
|
| Social Media |
Skype
YouTube
Telegram
Facebook
Instagram
Viber
Whatsapp
Messenger
Line
Twitter
LinkedInGerchik & Co
The broker provides numerous channels for contacting support, including telephone, email, Skype, Telegram-bot, online chat on the website, and the ability to create a ticket in the personal account.
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.
