GMG Markets 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 GMG Markets and JustMarkets
| Broker | GMG Markets | JustMarkets |
|---|---|---|
| Rating | 4/5 | 4.1/5 |
| Foundation Year | 2015 | 2012 |
| Regulated in Countries | United Kingdom | Seychelles, Cyprus, Mauritius, South Africa |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:30 | 1:3000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | GMG Markets Review | JustMarkets Review |
GMG Markets suits active Forex traders and scalpers who value FCA regulation, MT5, and low spreads; however, it may feel restrictive for investors and stock enthusiasts.
JustMarkets is suitable for beginners, offering a demo account and educational materials to learn Forex trading
GMG Markets Review
GMG Markets is a niche broker primarily designed for active FX traders, scalpers, and algorithmic traders who only need two well-optimized accounts. The MT5 platform provides a comprehensive toolkit for both manual and automated trading, Autochartist supplements basic technical analysis, and 24/5 support responds swiftly and effectively.
This broker is ideal for those who appreciate transparent fees, swift fund withdrawals, and FCA regulation but do not require an extensive product lineup or copy trading services. Novice traders can test the live markets and undergo basic training via webinars, whereas professionals can access leverage up to 1:200 under Pro status. Investors, diversification enthusiasts, or those needing a multitude of platforms and services might be better served by more versatile providers.
Pros and Cons of GMG Markets
Pros
- Robust regulation — FCA license, segregated accounts, FSCS protection.
- Transparent fee structure — Standard account with zero commission, Raw account with zero spreads and fixed fee.
- MT5 + Autochartist — comprehensive desktop, web, and mobile platforms, algorithm support, integrated chart pattern scanner.
- VPS hosting — complimentary with required monthly turnover.
- 24/5 tech support — chat, phone, and e-mail typically respond within minutes.
Cons
- Limited instrument selection — only Forex, a few indices, and commodities.
- Single platform offering — no MT4, cTrader, TradingView, or proprietary web terminal.
- No e-wallets or cryptocurrencies available for transactions.
- Investor services are lacking — no copy trading, PAMM, contests, or comprehensive fundamental analysis.
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 | GMG Markets | JustMarkets |
|---|---|---|
| Reliability | 5/5 | 4/5 |
| Foundation Year | 2015 | 2012 |
| Regulated in Countries | United Kingdom | Seychelles, Cyprus, Mauritius, South Africa |
| Regulators | FCA FCA | SFSA SFSA CySEC CySEC FSC FSC FSCA FSCA - |
GMG Markets
Since 2016 under FCA oversight, GMG Markets holds client funds in segregated accounts and qualifies for FSCS protection.
Pros
- FCA License — Tier-1 regulator
- Funds segregation + FSCS compensation up to £85,000
- STP/NDD model without dealer intervention
Cons
- Single jurisdiction (FCA), no additional licenses
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 | GMG Markets | JustMarkets |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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GMG Markets
GMG Markets onboarding is quick and efficient: registration takes 5–7 minutes, with verification under 1 business day.
Pros
- Online registration in 5–7 minutes
- Document verification within 1 day
Cons
- Detailed KYC form
JustMarkets
The account opening process on the JustMarkets website is generally simple and fast.
Account Types
| Broker | GMG Markets | JustMarkets |
|---|---|---|
| Account Types | 3.8/5 | 4.8/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:30 | 1:3000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
GMG Markets
Only two main accounts — Standard and Raw Spread — cater to basic requirements, but the absence of cent or fixed-spread accounts, copy trading, PAMM, and contest services limits variety.
Pros
- Commission-free Standard, and zero-spread Raw account
- Islamic account and spread-betting options for niche segments
- Complimentary VPS with required turnover
Cons
- No cent/fixed-spread account
- Lack of copy trading, PAMM, contests
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 | GMG Markets | JustMarkets |
|---|---|---|
| Commissions | 4/5 | 3/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.2 | |
| Commission per Lot | $3.5 | $3 |
GMG Markets
GMG Markets offers a transparent fee structure: one account includes all charges within the spread, while another charges a small fee with a minimal spread. Deposits and withdrawals are free, no inactivity fee is applied, though swaps are slightly above average.
Pros
- No inactivity fees
- Free deposits and withdrawals
Cons
- Swaps are above average
JustMarkets
The fee structure is at an average level and should meet the needs of most traders.
Deposit and Withdrawal
| Broker | GMG Markets | JustMarkets |
|---|---|---|
| Rating | 4/5 | 4.5/5 |
| Account Funding Methods |
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GMG Markets
Card and bank transfers are swift and fee-free, but the absence of e-wallets and cryptocurrencies limits options.
Pros
- Commission-free transactions
- Instant card funding
Cons
- No e-wallets
- No cryptocurrencies
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 | GMG Markets | JustMarkets |
|---|---|---|
| Markets and Products | 2.5/5 | 4.4/5 |
| Forex | 64 | 61 |
| Precious Metals | 13 | 7 |
| Energy Carriers | 3 | 3 |
| Indices | 17 | 13 |
| Stocks | - | 163 |
| Cryptocurrency | - | 9 |
GMG Markets
The instrument range is limited: primarily currency pairs, indices, and commodities; with no stocks, cryptocurrencies, or a broad commodity selection, diversification falls short compared to competitors.
Pros
- 64 currency pairs
- Major indices and metals
Cons
- No CFDs on stocks
- No cryptocurrencies
- Limited commodity selection
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 | GMG Markets | JustMarkets |
|---|---|---|
| Rating | 3.5/5 | 4/5 |
| Trading Platforms |
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GMG Markets
The sole available platform, MT5, offers rich functionality, but the lack of alternatives reduces flexibility.
Pros
- Fully featured MT5
- Desktop, web, and mobile applications
Cons
- No MT4, cTrader, TradingView
- Essentially a single platform option
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 | GMG Markets | JustMarkets |
|---|---|---|
| Rating | 3/5 | 4/5 |
GMG Markets
Autochartist and a daily news feed provide basic analysis, but the lack of proprietary research and in-depth fundamental analysis diminishes overall utility.
Pros
- Complimentary Autochartist
- Market news
Cons
- No proprietary research
- Weak fundamental analysis
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 | GMG Markets | JustMarkets |
|---|---|---|
| Rating | 4/5 | 3/5 |
GMG Markets
The foundational materials (webinars, articles, videos) are sufficient for beginners, but for in-depth learning and advanced coursework, external resources may be needed.
Pros
- Regular free webinars
- Novice-oriented article base
- Recordings available 24/7
Cons
- No advanced courses
- No podcasts or multilingual programs
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 | GMG Markets | JustMarkets |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Email Support |
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| Social Media |
Facebook
LinkedIn
Viber
Whatsapp
Messenger
Line
Twitter
TelegramGMG Markets
The broker provides 24/5 support via chat, phone, and e-mail, with responses typically within minutes.
Pros
- Online chat and phone support 24/5
- Rapid response
- Competent representatives
Cons
- No weekend support
- Delays during peak demand
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.
