Feature | Exness | JustMarkets |
|---|---|---|
Founded | 2008 | 2012 |
Headquarters | Cyprus | Belize |
Regulations | FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles) | IFSC (Belize), CySEC (Cyprus), FSA (Seychelles) |
Account Types | Standard, Standard Cent, Pro, Raw Spread, Zero Spread | Standard, Pro, Raw Spread, Cent |
Leverage | Up to 1 | Up to 1:3000, depending on jurisdiction and account type |
for non-EU clients, Up to 1:30 for EU clients | ||
Spreads | As low as 0.0 pips for Raw Spread and Zero accounts, Standard accounts have slightly higher spreads | As low as 0.0 pips on Raw Spread accounts, Standard accounts have wider spreads |
Commissions | Zero on Standard accounts, Raw Spread, and Zero accounts incur commissions based on volume | Commission-free on Standard accounts, Pro and Raw Spread accounts have commissions per lot |
Minimum Deposit | $1 on Standard accounts, $200 for Raw Spread and Zero accounts | $1 for Cent accounts, $100 for Standard and Pro accounts, $500 for Raw Spread |
Trading Instruments | Forex, Indices, Metals, Cryptocurrencies, Energies, Stocks | Forex, Metals, Cryptocurrencies, Energies, Indices, Stocks |
Platform Options | MetaTrader 4, MetaTrader 5, Web Terminal | MetaTrader 4, MetaTrader 5, JustMarkets Web Trader |
Mobile Trading | Available for Android and iOS | Available for Android and iOS |
Copy Trading | Yes, through the Exness Social Trading app | Yes, available as JustMarkets Copy Trading |
Execution Type | Market execution | Market execution |
Education Resources | Webinars, Tutorials, Economic Calendar, Market Analysis | Webinars, Tutorials, Market Analysis, Economic Calendar |
Customer Support | 24/7 customer support, Multilingual | 24/7 customer support, Multilingual |
Demo Account | Yes, unlimited demo accounts available | Yes, unlimited demo accounts available |
Islamic (Swap-free) Accounts | Yes, available for certain regions and account types | Yes, available for all account types |
Deposit & Withdrawal Options | Bank transfer, Credit/Debit cards, E-wallets, Cryptocurrency | Bank transfer, Credit/Debit cards, E-wallets, Cryptocurrency |
Withdrawal Fees | No withdrawal fees on most methods | No withdrawal fees |
Deposit Fees | None | None |
Negative Balance Protection | Yes | Yes |
Trading Fees | Low, competitive spreads on major pairs, no hidden fees | Competitive spreads on major pairs, no hidden fees |
Languages Supported | 20+ languages | 10+ languages |
Affiliate Program | Yes, offers competitive affiliate commissions | Yes, offers an affiliate program with tiered commissions |
Bonuses | No deposit bonuses, only available in specific jurisdictions | Welcome bonus, deposit bonuses, trading contests (depending on jurisdiction) |
Scalping and Hedging | Allowed | Allowed |
Algo Trading | Supported on MT4 and MT5 | Supported on MT4 and MT5 |
Algorithmic Trading Tools | Advanced charting, EA (Expert Advisor) support, VPS service available for automated trading | EA support, VPS service available for Pro and Raw Spread accounts |
Risk Management Tools | Stop Loss, Take Profit, Trailing Stop, Margin Call alerts | Stop Loss, Take Profit, Margin Call alerts, Negative Balance Protection |
Promotions and Rebates | Limited promotional offerings, rebate programs available in certain regions | Regular promotional offers including contests, trading bonuses, loyalty programs in select regions |
Crypto Trading | Offers popular cryptocurrencies like Bitcoin, Ethereum, Litecoin, Ripple | Wide selection of cryptocurrencies including Bitcoin, Ethereum, Ripple, more niche crypto pairs |
Order Execution Speed | Ultra-fast, typically under 0.01 seconds | Fast execution, often under 0.03 seconds |
Market Depth | Available on MT5 for professional accounts, providing Level 2 pricing | Available for advanced accounts, though limited compared to ECN platforms |
Slippage | Low slippage on major currency pairs, some slippage during high volatility periods | Minimal slippage under normal market conditions, higher slippage possible during major events |
Customizable Leverage | Flexible leverage settings for each account type and asset class, up to unlimited leverage for certain accounts | Leverage adjustable up to 1:3000 depending on account and region |
Deposit Processing Time | Instant deposits for most methods | Instant or up to 24 hours depending on the deposit method |
Withdrawal Processing Time | Instant withdrawals for most methods, some may take up to 24 hours | Most withdrawals processed within a few hours, though bank transfers may take up to 3 business days |
Market News Integration | Real-time news feeds on the platform, regular market insights and updates | Market analysis via news feeds on MT5, economic calendar, regular insights on JustMarkets website |
Customizable Indicators | Extensive range of customizable indicators for MT4/MT5 platforms | Full range of customizable indicators on MT4/MT5, limited custom indicators on JustMarkets Web Trader |
Price Alerts | Yes, available through MT4/MT5 platforms | Yes, through MetaTrader platforms |
Social Trading Support | Offers Exness Social Trading app, which allows traders to follow and copy trades from other users | Integrated copy trading platform where users can follow or copy trades of top traders |
Trading Journal | No built-in journal, but supports third-party plugins for journaling | No built-in journal, manual tracking required or third-party integrations needed |
Broker Model | Primarily ECN/STP (No Dealing Desk), for direct market access | STP with No Dealing Desk model, prioritizes quick trade execution |
Trading Hours | 24/5 for Forex, Crypto available 24/7 | 24/5 for Forex and most instruments, Crypto trading available 24/7 |
Mobile App Features | Comprehensive features including real-time quotes, charting tools, deposit/withdrawal options | Mobile app provides standard MetaTrader functions, limited trading tools compared to desktop |
User Reviews and Reputation | Positive reputation, praised for execution speed and customer service | Generally positive, appreciated for promotional offers and reliable trading environment |
Regulatory Compliance | Strong regulatory compliance with reputable authorities like FCA and CySEC | Regulated by IFSC and CySEC, providing a regulated environment |
Trust Score | High, known for transparency, financial stability, and robust regulation | High trust score, strong regulatory adherence, focuses on client security |
Inactivity Fees | None, no fees for dormant accounts | Yes, applies inactivity fee after 90 days without trading |
Security Measures | Advanced data encryption, two-factor authentication (2FA) available | Data encryption, 2FA support, regular account security checks |
API Trading Support | Offers API for institutional and professional traders for direct market data and order management | Limited API support, suitable for retail-level automated trading but lacks institutional-level API access |
Charting Tools | Advanced charting on MT4/MT5 with customizable timeframes, indicators, overlays | Standard charting on MT4/MT5, lacks some advanced overlays but sufficient for technical analysis |
Tick-by-Tick Data Access | Available, especially through Raw Spread and Zero accounts | Limited, primarily based on standard market data feed without access to tick-by-tick analysis |
Order Types Supported | Market, Limit, Stop, Trailing Stop, OCO (One Cancels Other) | Market, Limit, Stop, Trailing Stop |
Account Currency Options | Offers multi-currency options, including USD, EUR, GBP, and various others | Limited to major currencies, with options such as USD, EUR, and a few others |
Interest on Unused Funds | No interest on idle funds | No interest on idle funds |
Weekend Trading for Crypto | Yes, 24/7 availability for cryptocurrencies | Yes, 24/7 cryptocurrency trading |
Swap-Free Duration | Unlimited swap-free for certain regions, suitable for Muslim traders | Swap-free accounts for all clients upon request, especially available for Islamic traders |
Micro Lot Trading | Available for all accounts, including Standard Cent accounts, ideal for beginners | Available on Cent accounts, suitable for low-risk traders and beginners |
Fractional Pips | Yes, offers fractional pip pricing to optimize spreads and trading precision | Yes, fractional pip pricing available for tighter spreads |
Trading Competitions | Rare, typically doesn’t focus on trading competitions | Frequent trading contests and tournaments, mainly for clients in eligible regions |
Funds Segregation | Client funds are segregated from company funds for security | Client funds are segregated as per regulatory requirements |
Market Depth on Platforms | Available on MT5 with real-time Level 2 pricing, ideal for professional traders | Limited access to market depth for most accounts, basic information available on MT5 |
Leverage Control for Clients | Dynamic leverage control, leverage scales automatically based on equity levels | Allows clients to manually adjust leverage within account-specific limits |
Slippage Protection | Available, with low slippage on standard account types | Available, though slightly more slippage may occur during high market volatility |
Customer Onboarding Time | Fast onboarding process, typically under 10 minutes, KYC requirements vary by region | Quick onboarding with straightforward KYC requirements, typically completed within 15 minutes |
Withdrawal Reversal | Not offered, all withdrawals processed immediately | Not available, withdrawals are final once requested |
Affiliate Partner Program | Multi-tier partner program with high rewards based on trading volume | Partner program with tiered commissions and benefits for consistent client referrals |
Educational Videos | High-quality video tutorials, beginner to advanced topics in multiple languages | Educational videos focused on market basics, fewer advanced topics |
MT4/MT5 Plugins | Offers various plugins and tools to enhance MT4/MT5 functionality | Limited plugins offered, focusing on standard MT4/MT5 features |
Supported Orders for Scalping | Ideal for scalping with fast execution, no restrictions on high-frequency orders | Supports scalping, but execution speed may vary depending on account and market conditions |
Account Verification | Document upload through app or website, takes a few hours | Document upload via website, usually verified within one business day |
Personal Account Manager | Yes, for high-net-worth or Pro account clients | Available for VIP or large-volume clients |
Withdrawal Methods for Cryptocurrencies | Multiple options including Bitcoin, Ethereum, and other major cryptos | Limited to major cryptocurrencies, typically Bitcoin and Ethereum |
Spread-Based Promotions | Rarely offers spread-based promotions, focuses more on execution quality | Often promotes tight spreads on specific trading pairs as part of promotions |
Transparency in Fees | Transparent fee structure, clearly stated on website for each account type | Clear fee structure, though promotional spreads may vary on certain accounts |
Exness and JustMarkets offer distinct strengths: Exness excels in speed and institutional-level tools, while JustMarkets is tailored for retail traders with frequent promotions and contests.