JustMarkets vs Pepperstone 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 - JustMarkets or Pepperstone?
Our pick: Pepperstone
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - Pepperstone looks preferable to JustMarkets.
Pepperstone scored 4.6/5 and ranks 6 in our all Forex brokers list, whereas JustMarkets has 4.1/5 and ranks 45.
This is not financial advice. See the full comparison below.
Who is JustMarkets suitable for?
JustMarkets is suitable for beginners, offering a demo account and educational materials to learn Forex trading
Who is Pepperstone suitable for?
Pepperstone suits traders seeking a wide choice of platforms, tight spreads, and numerous trading instruments.
Comparison Table of JustMarkets and Pepperstone
| Broker | JustMarkets | Pepperstone |
|---|---|---|
| Rating | 4.1/5 | 4.6/5 |
| Foundation Year | 2012 | 2010 |
| Regulated in Countries | Seychelles, Cyprus, Mauritius, South Africa | Australia, Bahamas, Cyprus, United Arab Emirates, Germany, Kenya, United Kingdom |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:3000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | JustMarkets Review | Pepperstone Review |
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.
Pepperstone Review

Pepperstone is a significant and reliable broker that offers a broad range of trading instruments and attractive trading conditions. With regulation by serious authorities, clients can be confident in the security of their funds.
The broker is suitable for various types of traders. Beginners will find extensive educational materials, including trading guides, webinars, instructional videos, and Forex trading courses. Experienced traders will also appreciate Pepperstone's opportunities, including favorable trading conditions, various trading platforms, and access to complex trading instruments.
The broker's technical support operates at a high level, offering clients quick and efficient responses to any questions.
Pepperstone is an excellent choice for traders of all experience levels. With a unique combination of educational materials, trading tools, and high-quality customer service, this broker ensures excellent conditions for successful trading.
Pros and Cons of Pepperstone
Pros
- Wide selection of trading platforms.
- Tight spreads and favourable trading conditions.
- Numerous regulatory licenses.
- A large number of trading assets.
Cons
- Lack of diversity in types of trading accounts.
Pepperstone is in the top 10 of the following ratings:
Reliability
| Broker | JustMarkets | Pepperstone |
|---|---|---|
| Reliability | 4/5 | 5/5 |
| Foundation Year | 2012 | 2010 |
| Regulated in Countries | Seychelles, Cyprus, Mauritius, South Africa | Australia, Bahamas, Cyprus, United Arab Emirates, Germany, Kenya, United Kingdom |
| Regulators | SFSA SFSA CySEC CySEC FSC FSC FSCA FSCA - | ASIC ASIC SCB SCB CySEC CySEC DFSA DFSA BaFin BaFin CMA CMA FCA FCA |
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
Pepperstone
Pepperstone is regulated in seven different jurisdictions, indicating a high level of reliability and regulation.
Account Opening
| Broker | JustMarkets | Pepperstone |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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JustMarkets
The account opening process on the JustMarkets website is generally simple and fast.
Pepperstone
The account opening process is straightforward, convenient, and fast.
Account Types
| Broker | JustMarkets | Pepperstone |
|---|---|---|
| Account Types | 4.8/5 | 3.8/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:3000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
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
Pepperstone
Pepperstone's account types meet the needs of most traders, though they lack variability.
Pros
- The ability to copy trades.
- Support for VPS hosting.
Cons
- Lack of cent accounts.
- No fixed spread accounts.
Commissions
| Broker | JustMarkets | Pepperstone |
|---|---|---|
| Commissions | 3/5 | 4/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.15 | |
| Commission per Lot | $3 | $3.5 |
JustMarkets
The fee structure is at an average level and should meet the needs of most traders.
Pepperstone
Pepperstone does not charge an inactivity fee or withdrawal fees, which is an essential advantage for traders. As for trading commissions, the broker offers competitive conditions.
Deposit and Withdrawal
| Broker | JustMarkets | Pepperstone |
|---|---|---|
| Rating | 4.5/5 | 4.5/5 |
| Account Funding Methods |
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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.
Pepperstone
Account funding and withdrawal processes at Pepperstone are pretty convenient and fast.
Pros
- Multiple available deposit methods.
- No deposit fee.
- Swift transaction processing.
Cons
- Bank fees for withdrawals.
Markets and Products
| Broker | JustMarkets | Pepperstone |
|---|---|---|
| Markets and Products | 4.4/5 | 5/5 |
| Forex | 61 | 97 |
| Precious Metals | 7 | 20 |
| Energy Carriers | 3 | 4 |
| Indices | 13 | 26 |
| Stocks | 163 | 986 |
| Cryptocurrency | 9 | 30 |
| Soft Commodities | - | 16 |
| ETF | - | 108 |
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.
Pepperstone
The broker utilizes services from several tier-one liquidity providers to offer clients competitive quotes with low spreads and high liquidity across various instruments.
Trading Platforms
| Broker | JustMarkets | Pepperstone |
|---|---|---|
| Rating | 4/5 | 5/5 |
| Trading Platforms |
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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.
Pepperstone
Pepperstone offers a wide selection of high-quality and functional trading platforms, making it attractive to many investors.
Analytics
| Broker | JustMarkets | Pepperstone |
|---|---|---|
| Rating | 4/5 | 5/5 |
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.
Pepperstone
Pepperstone has a well-developed analytical department, which includes daily market reviews, an economic calendar, the powerful automatic market analysis tool Autochartist, and convenient calculators for traders.
Education
| Broker | JustMarkets | Pepperstone |
|---|---|---|
| Rating | 3/5 | 5/5 |
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.
Pepperstone
Pepperstone greatly emphasizes the educational component, offering a broad spectrum of instructional materials and resources.
Customer Support
| Broker | JustMarkets | Pepperstone |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
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.
Pepperstone
Pepperstone's support service provides clients with various communication channels, prompt responses, professionalism, and efficiency in problem-solving.
Comparisons of JustMarkets and Pepperstone with other brokers
Conclusion
Pepperstone stands out as the better overall pick, while JustMarkets trails on aggregate criteria.
Pepperstone scored 4.6/5 and ranks 6 in our rating; JustMarkets has 4.1/5 and ranks 45.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: JustMarkets or Pepperstone?
Pepperstone comes out ahead by overall rank (score 4.6/5, position 6) versus JustMarkets (score 4.1/5, position 45).
Which broker is better for beginners: JustMarkets or Pepperstone?
Pepperstone 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) — JustMarkets or Pepperstone?
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 JustMarkets and Pepperstone?
JustMarkets: MetaTrader 4, MetaTrader 5. Pepperstone: MetaTrader 5, MetaTrader 4, cTrader, TradingView. See the “Platforms” section for details and selection tips.
What markets can you trade with JustMarkets and Pepperstone?
JustMarkets: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. Pepperstone: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by JustMarkets and Pepperstone?
JustMarkets: MT4 Standard Cent, MT4 Pro, MT5 Pro, MT4 Raw Spread, MT5 Raw Spread, MT4 Standard, MT5 Standard. Pepperstone: Standard, Razor. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by JustMarkets and Pepperstone?
JustMarkets: Skrill, Neteller, Perfect Money, SticPay, Airtm, Visa, Mastercard. Pepperstone: Neteller, PayPal, Skrill, Swift, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — JustMarkets or Pepperstone — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.


