JustForex vs FBS

vs
JustMarkets vs FBS Comparison Table 2024
JustMarkets FBS
3.9
4.3
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

JustMarkets is a multi-asset broker with both CySEC-regulated and offshore branches. Offering ultra-low spreads, copy-trading services, 170+ tradeable instruments and MetaTrader support, JustMarkets has a lot to offer both beginner and experienced traders.

Founded in 2009, FBS is an award-winning CFD broker operating in over 150 countries with a client base exceeding 27 million traders. Traders are supported at every stage of their journey with 24/7 assistance, market analytics, trading calculators, and competitive pricing with zero commissions.

Customer Reviews
5
Bonus Offer
$30 No Deposit Bonus
Comment by Reviewer
"With some of the most affordable pricing in the game and access to the powerful MT4 and MT5 platforms, JustMarkets is a good choice for any investor." "FBS is an excellent choice for day traders at every level and budget, with just a $5 minimum deposit and intensive academy for aspiring traders alongside access to MT4, MT5 and highly leveraged trading opportunities up to 1:3000 for experienced traders."
Pros
  • Multiple accounts to suit different strategies and experience levels
  • Fast order executions from 0.01 seconds
  • Trustworthy and regulated by CySEC
  • Welcome bonus for new traders
  • 170+ trading instruments
  • Tight spreads from 0 pips
  • MetaTrader 4 integration
  • Low minimum deposit
  • FBS strikes the balance between robust features and ease of use, with a sign-up process taking <10 minutes, an intuitive app, advanced research through Market Analytics & more recently VIP Analytics, plus immersive education through the FBS Academy and Trader’s Blog.
  • 24/7 customer support that performed excellently during testing is available, alongside a $5 minimum deposit, high leverage options, and a huge variety of 200+ funding options, making it ideal for traders with small accounts.
  • FBS offers lightning-fast execution speeds from just 10 milliseconds, placing it among the industry leaders for highly active traders like scalpers who demand rapid order processing.
  • The trading firm has picked up over 90 awards and amassed more than 27 million clients, making it one of the largest and most established brokers globally.
Cons
  • Non-forex asset list is light with just 65 stocks plus a handful of indices and commodities
  • Limited availability with clients not accepted from the US, UK, Japan, Germany and other countries
  • Despite enhancing the selection of currency pairs, now providing over 70, FBS still trails industry leaders like BlackBull Markets in its market offering with a particularly narrow selection of commodities and indices.
  • There are only two base currencies available - EUR and USD - which isn't practical for minimizing currency conversion fees for many global traders, and is especially striking given the broker’s user base spans over 150 nations.
  • Investor protection is only available for clients within the EU, meaning global traders may not be protected if their account goes negative, significantly increasing the risk to your funds.
  • Although the FBS app offers a terrific mobile trading experience for aspiring traders and MT4/MT5 cater to advanced traders, the absence of cTrader and TradingView, which are increasingly offered by alternatives like Pepperstone, will deter day traders familiar with these platforms.
Awards
  • Best Broker Africa 2023 - UFAwards
  • Best Broker In Asia 2022 - UFAwards
  • Best Trading Application Asia 2024
  • Best Forex Broker in Africa 2023
  • Best Forex Broker South Africa 2023
  • Best Trading Account for Beginners 2023
  • Best Financial Broker of 2022-2023
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures CFDs, Forex, Indices, Shares, Commodities
Demo Account
Yes Yes
Minimum Deposit
$1 $5
Trading Platforms
  • MT4
  • MT5
  • FBS App
  • MT4
  • MT5
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
CySEC, FSA, VFSC ASIC, CySEC, FSC
Margin Trading
Yes Yes
STP Account
Yes Yes
ECN Account
Yes Yes
DMA Account
No No
MAM Account
Yes No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS & Android iOS & Android
App Review

FBS offers an intuitive proprietary app that is designed to be user-friendly for traders of all levels. Available on both Android and iOS, it’s not only easy to navigate but also ensures swift trade execution with speeds from 0.01 seconds. This, combined with a user-friendly interface, provides excellent control over short-term trading strategies.

More experienced traders will also appreciate support for the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) apps, featuring advanced charting packages and Expert Advisors (EAs).

Android App Rating
4.9
iOS App Rating
4.6
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes No
Copy Trading Platform
JustMarkets offers copy trading services directly through the Investor Wallet. Copy leading traders and benefit from their success with reasonable fees and real-time tracking capabilities.
Social Trading
Yes No
Trade Signals
Yes MT4 & MT5
VPS Hosting
Yes Yes
Tournaments
Yes No
Demo Competitions
Yes Yes
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$5 $0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • ZAR
  • MYR
  • IDR
  • AED
  • NGN
  • THB
  • VND
  • KWD
  • CNY
  • USD
  • EUR
Stock Exchanges
Commodities
CFD Trading
JustMarkets traders can access CFDs on 170+ instruments including forex, stocks, indices and commodities with ultra-tight spreads, very high leverage up to 1:3000 from the offshore entity, and no commission fees. FBS is a CFD broker, allowing you to speculate on the price movements of these assets without actually owning them. CFDs are available in various asset classes, including forex, commodities, indices, and stocks, but there are no opportunities for trading ETFs, bonds, or options. However, what truly empowers traders is the competitive spreads and generous leverage up to 1:3000 (capped at 1:30 for EU traders), all without inactivity or withdrawal fees.
Leverage
1:3000 1:30 (EU & Restricted Countries), 1:3000 (Global)
FTSE Spread
1 - 2.5  0.0
GBPUSD Spread
0 - 1.0 0.6
Oil Spread
2.0 0.0
Stocks Spread
Variable Variable
Forex Trading
JustMarkets offers a good selection of 65+ forex pairs, which can be traded through the MT4 and MT5 platforms. High leverage is available from the offshore branch, and the broker also offers very tight spreads starting from 0.1 with no commission on the Pro account. FBS offers an improved selection of 72 majors, minors and exotics. Spreads are fairly competitive, averaging 0.7 pips for EUR/. There’s also an excellent range of forex market resources and tools on offer, including calculators and an intensive forex course.
Forex App

The FBS Trader app allows clients to manage their finances and speculate on over 70 forex pairs, among other assets. Instant deposits are available, as well as one-click trading make for a seamless mobile trading experience. Users can also conduct technical analysis via interactive charting with multiple indicators and timeframes. The app is free to download from the respective app stores.

GBPUSD Spread
0 - 1.0 0.6
EURUSD Spread
0 - 1.0 0.5
EURGBP Spread
1 - 2.5  2.1
Assets
65+ 70+
Cryptocurrency
JustMarkets offers popular digital currencies with low spreads. The crypto market can be analyzed using leading software and a suite of advanced charts and technical analysis tools. Crypto trading not offered
Spread
Floating from zero (Raw ECN) Floating
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • DSH
  • NEO
  • XMR
  • EOS
  • ADA
  • DOGE
  • LINK
  • XLM
  • EMS
  • KOS
  • SOL
  • MAT
  • ADA
  • ALG
  • AVA
  • BAT
  • BCH
  • BNB
  • BTC
  • DOG
  • DOT
  • DSH
  • EOS
  • ETC
  • ETH
  • FIL
  • IOT
  • LNK
  • LTC
  • MKR
  • MTC
  • NEO
  • OMG
  • SHB
  • SOL
  • TRX
  • UNI
  • VEC
  • XLM
  • XMR
  • XRPZEC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No