JustMarkets vs XM 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 XM?
Our pick: XM
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - XM looks preferable to JustMarkets.
XM scored 4.2/5 and ranks 30 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 JustMarkets suitable for?
JustMarkets is suitable for beginners, offering a demo account and educational materials to learn Forex trading
Who is XM suitable for?
Broker XM is suitable for both novice traders, thanks to educational materials, and experienced traders who value a variety of instruments.
Comparison Table of JustMarkets and XM
| Broker | JustMarkets | XM |
|---|---|---|
| Rating | 4.1/5 | 4.2/5 |
| Foundation Year | 2012 | 2009 |
| Regulated in Countries | Seychelles, Cyprus, Mauritius, South Africa | Belize, Cyprus, Australia, United Arab Emirates |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:3000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | JustMarkets Review | XM 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.
XM Review
XM broker offers a wide range of services, making it an attractive option for various traders. With over 1500 trading instruments, extensive educational resources, and numerous trading platforms, XM is ideally suited for beginners and experienced traders. Novice traders will particularly appreciate the accessible educational materials and low entry threshold, while professionals will find the competitive spreads and diversity of instruments appealing.
Pros and Cons of XM
Pros
- Wide range of trading assets.
- Extensive educational resources.
- Tight spreads on the Ultra Low account.
- Many analytical materials.
- Commission-free deposits and withdrawals.
Cons
- Inconsistency in technical support.
- Inactivity fee.
- Standard account has a higher spread than the market average.
XM is in the top 10 of the following ratings:
Reliability
| Broker | JustMarkets | XM |
|---|---|---|
| Reliability | 4/5 | 5/5 |
| Foundation Year | 2012 | 2009 |
| Regulated in Countries | Seychelles, Cyprus, Mauritius, South Africa | Belize, Cyprus, Australia, United Arab Emirates |
| Regulators | SFSA SFSA CySEC CySEC FSC FSC FSCA FSCA - | BFSC BFSC CySEC CySEC ASIC ASIC DFSA DFSA |
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
XM
XM Group is highly regarded for its reliability, holding ASIC, CySEC, FSC, and DFSA licenses.
Account Opening
| Broker | JustMarkets | XM |
|---|---|---|
| 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.
XM
Opening an account with XM Group is straightforward and quick.
Account Types
| Broker | JustMarkets | XM |
|---|---|---|
| Account Types | 4.8/5 | 4.3/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:3000 | 1:1000 |
| 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
XM
XM broker offers various account types to satisfy the needs of different traders, from beginners to professionals.
Pros
- A wide choice of accounts for different experience levels.
- Flexible trading conditions (leverage, deposit).
- Specialized accounts for stock trading.
Cons
- No fixed spread accounts.
- No ECN or STP accounts.
Commissions
| Broker | JustMarkets | XM |
|---|---|---|
| Commissions | 3/5 | 2.5/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.7 | |
| Commission per Lot | $3 |
JustMarkets
The fee structure is at an average level and should meet the needs of most traders.
XM
XM's commissions are rated as average.
Pros
- Low spreads on the Ultra Low account.
- No swaps on many currency pairs on the Ultra Low account.
Cons
- Wider spreads and higher swaps on the standard account.
- Inactivity fee.
Deposit and Withdrawal
| Broker | JustMarkets | XM |
|---|---|---|
| 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.
XM
The broker offers convenient deposit and withdrawal methods with zero commission but lacks cryptocurrency support.
Pros
- Zero commission for deposits and withdrawals.
- A minimum limit of only 5 dollars.
- Quick processing of withdrawal requests.
Cons
- No cryptocurrency deposit/withdrawal options.
Markets and Products
| Broker | JustMarkets | XM |
|---|---|---|
| Markets and Products | 4.4/5 | 5/5 |
| Forex | 61 | 55 |
| Precious Metals | 7 | 3 |
| Energy Carriers | 3 | 3 |
| Indices | 13 | 50 |
| Stocks | 163 | 1307 |
| Cryptocurrency | 9 | 58 |
| Soft Commodities | - | 8 |
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.
XM
The broker offers a wide range of markets and products, including over 1500 items.
Pros
- A large selection of currency pairs.
- Access to CFDs on various assets.
- The ability to trade cryptocurrencies.
Trading Platforms
| Broker | JustMarkets | XM |
|---|---|---|
| Rating | 4/5 | 4/5 |
| 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.
XM
XM offers various versions of MT4 and MT5 platforms, providing flexibility in trading.
Pros
- Availability on various devices (PC, Mac, mobile).
- MultiTerminal for managing multiple accounts.
- WebTrader for browser-based trading.
Cons
- No alternatives to MetaTrader.
Analytics
| Broker | JustMarkets | XM |
|---|---|---|
| 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.
XM
Analytics at XM are extensive and varied, providing traders with valuable resources for making informed decisions.
Pros
- Exclusive market analysis from professionals.
- Trading signals and tools such as Autochartist.
- The option to listen to news recordings.
Cons
- Real account required to access all materials.
Education
| Broker | JustMarkets | XM |
|---|---|---|
| Rating | 3/5 | 4.5/5 |
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.
XM
XM's educational materials are extensive and varied, suitable for all experience levels.
Pros
- A wide range of materials: webinars, videos, seminars.
- Available in different languages.
- Daily online sessions with experts.
Cons
- Lack of textual materials and books.
- No personalized learning options.
Customer Support
| Broker | JustMarkets | XM |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Viber
Whatsapp
Messenger
Line
Twitter
Telegram
LinkedIn
YouTubeJustMarkets
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.
XM
XM's technical support offers 24/7 access through various channels, but the service quality is inconsistent.
Pros
- Round-the-clock support.
- A variety of communication channels.
- Quick responses in some cases.
Cons
- Ineffectiveness of solutions, according to reviews.
Comparisons of JustMarkets and XM with other brokers
Conclusion
XM stands out as the better overall pick, while JustMarkets trails on aggregate criteria.
XM scored 4.2/5 and ranks 30 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: JustMarkets or XM?
XM comes out ahead by overall rank (score 4.2/5, position 30) versus JustMarkets (score 4.1/5, position 44).
Which broker is better for beginners: JustMarkets or XM?
XM 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 XM?
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 XM?
JustMarkets: MetaTrader 4, MetaTrader 5. XM: MetaTrader 5, MetaTrader 4. See the “Platforms” section for details and selection tips.
What markets can you trade with JustMarkets and XM?
JustMarkets: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. XM: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by JustMarkets and XM?
JustMarkets: MT4 Standard Cent, MT4 Pro, MT5 Pro, MT4 Raw Spread, MT5 Raw Spread, MT4 Standard, MT5 Standard. XM: Standard, Micro, XM Ultra Low, Shares. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by JustMarkets and XM?
JustMarkets: Skrill, Neteller, Perfect Money, SticPay, Airtm, Visa, Mastercard. XM: Neteller, Skrill, WebMoney, Perfect Money, SticPay, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — JustMarkets or XM — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
