IC Markets vs JustMarkets Comparison: Which Is Better for Traders?
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - IC Markets or JustMarkets?
Our pick: IC Markets
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - IC Markets looks preferable to JustMarkets.
IC Markets scored 4.7/5 and ranks 3 in our all Forex brokers list, whereas JustMarkets has 4.1/5 and ranks 44.
This is not financial advice. See the full comparison below.
Who is IC Markets suitable for?
IC Markets is suitable for traders looking for low spreads and ECN accounts and the ability to scalp and use expert advisors.
Who is JustMarkets suitable for?
JustMarkets is suitable for beginners, offering a demo account and educational materials to learn Forex trading
Comparison Table of IC Markets and JustMarkets
| Broker | IC Markets | JustMarkets |
|---|---|---|
| Rating | 4.7/5 | 4.1/5 |
| Foundation Year | 2007 | 2012 |
| Regulated in Countries | Seychelles, Australia, Cyprus, Kenya | 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 | IC Markets Review | JustMarkets Review |
IC Markets Review
IC Markets is a reliable and versatile broker that offers a wide range of services and tools for trading in the financial markets. The company provides impressive trading instruments, high-quality trading platforms, advanced analytical tools, and valuable education for traders of all levels.
IC Markets is likely most suitable for experienced traders who value deep liquidity, tight spreads, and advanced trading tools. Beginner traders can also benefit from the educational materials offered by the company, but they should be prepared for some additional expenses and a higher minimum deposit requirement.
Pros and Cons of IC Markets
Pros
- A wide range of trading assets.
- Low spreads.
- Variety of trading platforms.
- Quality educational materials.
- Efficient customer support service.
Cons
- High minimum deposit.
IC Markets 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 | IC Markets | JustMarkets |
|---|---|---|
| Reliability | 5/5 | 4/5 |
| Foundation Year | 2007 | 2012 |
| Regulated in Countries | Seychelles, Australia, Cyprus, Kenya | Seychelles, Cyprus, Mauritius, South Africa |
| Regulators | SFSA SFSA ASIC ASIC CySEC CySEC CMA CMA | SFSA SFSA CySEC CySEC FSC FSC FSCA FSCA - |
IC Markets
IC Markets operates under the regulation of several jurisdictions, including ASIC in Australia, CySEC in Cyprus, and SFSA in the Seychelles, indicating a high degree of regulation.
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 | IC Markets | JustMarkets |
|---|---|---|
| Account Opening | 4.5/5 | 5/5 |
| Minimum Deposit |
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IC Markets
The account opening process at IC Markets is well-thought-out, transparent, and detailed, ensuring convenience and ease for clients. However, the high minimum deposit may deter many beginners.
JustMarkets
The account opening process on the JustMarkets website is generally simple and fast.
Account Types
| Broker | IC 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 | 1:500 | 1:3000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
IC Markets
IC Markets' accounts are mainly aimed at experienced and professional traders.
Pros
- ECN accounts
- Ability to copy trades
- Access to VPS
Cons
- No cent accounts
- No fixed spread accounts
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 | IC Markets | JustMarkets |
|---|---|---|
| Commissions | 4.5/5 | 3/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 0.62 | |
| Commission per Lot | $3.5 | $3 |
IC Markets
IC Markets has low commissions. Fees for transactions on ECN accounts and spreads are acceptable to most traders, and the absence of charges for deposits/withdrawals and account inactivity is a significant advantage.
JustMarkets
The fee structure is at an average level and should meet the needs of most traders.
Deposit and Withdrawal
| Broker | IC Markets | JustMarkets |
|---|---|---|
| Rating | 4.5/5 | 4.5/5 |
| Account Funding Methods |
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IC Markets
IC Markets offers multiple options for depositing and withdrawing funds, but possible fees from banks and payment systems should be considered, along with some restrictions on withdrawal methods.
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 | IC Markets | JustMarkets |
|---|---|---|
| Markets and Products | 5/5 | 4.4/5 |
| Forex | 61 | 61 |
| Precious Metals | 7 | 7 |
| Energy Carriers | 5 | 3 |
| Soft Commodities | 8 | - |
| Indices | 25 | 13 |
| Stocks | 2175 | 163 |
| ETF | 38 | - |
| Bonds | 10 | - |
| Cryptocurrency | 21 | 9 |
IC Markets
IC Markets offers various trading instruments, including currency pairs, CFDs on metals, energy resources, commodities, indices, stocks, bonds, and cryptocurrencies.
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 | IC Markets | JustMarkets |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Trading Platforms |
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IC Markets
IC Markets provides powerful and functional trading platforms suitable for various trader categories.
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 | IC Markets | JustMarkets |
|---|---|---|
| Rating | 5/5 | 4/5 |
IC Markets
IC Markets provides its clients with an extensive set of analytical tools and materials, which can assist them in successful trading in the financial markets.
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 | IC Markets | JustMarkets |
|---|---|---|
| Rating | 5/5 | 3/5 |
IC Markets
IC Markets offers a wide range of educational resources, from interactive video lessons to webinars and podcasts, demonstrating care for their clients and a commitment to providing all the necessary resources for successful trading.
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 | IC Markets | JustMarkets |
|---|---|---|
| Rating | 4.7/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Twitter
Facebook
Instagram
LinkedIn
Viber
Whatsapp
Messenger
Line
TelegramIC Markets
IC Markets provides a variety of communication channels, ensuring support service accessibility for clients. Numerous client reviews indicate the support team's quick response and high professionalism.
Pros
- Positive reviews about professional support
- Multiple channels for support communication
- Support is available 24/7
Cons
- Only international call option is available
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.
Comparisons of IC Markets and JustMarkets with other brokers
Conclusion
IC Markets stands out as the better overall pick, while JustMarkets trails on aggregate criteria.
IC Markets scored 4.7/5 and ranks 3 in our rating; JustMarkets has 4.1/5 and ranks 44.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: IC Markets or JustMarkets?
IC Markets comes out ahead by overall rank (score 4.7/5, position 3) versus JustMarkets (score 4.1/5, position 44).
Which broker is better for beginners: IC Markets or JustMarkets?
IC Markets is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — IC Markets or JustMarkets?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with IC Markets and JustMarkets?
IC Markets: MetaTrader 5, MetaTrader 4, cTrader, TradingView. JustMarkets: MetaTrader 4, MetaTrader 5. See the “Platforms” section for details and selection tips.
What markets can you trade with IC Markets and JustMarkets?
IC Markets: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. JustMarkets: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by IC Markets and JustMarkets?
IC Markets: Standard, Raw Spread cTrader, Raw Spread. JustMarkets: MT4 Standard Cent, MT4 Pro, MT5 Pro, MT4 Raw Spread, MT5 Raw Spread, MT4 Standard, MT5 Standard. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by IC Markets and JustMarkets?
IC Markets: PayPal, Neteller, Skrill, Bpay, FasaPay, Klarna, Swift, SEPA, Visa, Mastercard, UnionPay, POLi, Rapidpay. JustMarkets: Skrill, Neteller, Perfect Money, SticPay, Airtm, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — IC Markets or JustMarkets — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
