JustMarkets

JustMarkets

🟢 Tier 1 Regulated
7.2
/ 10
vs
LMAX

LMAX

🟢 Tier 1 Regulated
8.8
/ 10

JustMarkets vs LMAX

A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.

JustMarkets and LMAX are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. JustMarkets, founded in 2012 and headquartered in Limassol, Cyprus, is regulated by CySEC, FSA, IFSC and offers spreads starting from 0.0 pips with a minimum deposit of $1. LMAX, established in 2010 in London, UK, holds licenses from FCA with spreads from 0.0 pips and a $1000 minimum deposit. In our hands-on testing across 8 scoring categories, LMAX scored 8.8/10 overall compared to JustMarkets's 7.2/10, making it the stronger pick for most traders. That said, JustMarkets holds its own with superior education resources and smoother deposits & withdrawals, so your ideal broker depends on what you prioritize in a trading partner.

Key Differences at a Glance

  • 📊

    LMAX scores 8.8/10 overall vs 7.2/10 for JustMarkets — a 1.6-point difference.

  • 💵

    JustMarkets requires just $1 to start, while LMAX needs $1000 — JustMarkets is 1000x more accessible.

  • 📈

    JustMarkets offers 260+ instruments vs 100+ at LMAX — a massive gap in market coverage.

  • 🖥️

    JustMarkets runs on MT4, MT5, while LMAX uses LMAX Global — different ecosystems for different trading styles.

  • The biggest gap is in Regulation & Trust: LMAX scores 9.5 vs 7.0 for JustMarkets — a 2.5-point difference.

Our Verdict

JustMarkets

JustMarkets

Score: 7.2/10 · Wins 2 categories
  • You're a beginner who values learning resources
  • Fast and flexible deposits & withdrawals are important
  • You prefer a low minimum deposit ($1)
🏆 WINNER
LMAX

LMAX

Score: 8.8/10 · Wins 5 categories
  • You want lower spreads and trading fees
  • You need advanced trading platforms and tools
  • Top-tier regulation and fund safety are your priority
  • Responsive customer support matters to you

LMAX takes the lead with an overall score of 8.8/10 compared to 7.2/10, winning in 5 out of 8 scoring categories. LMAX stands out for lower trading costs and better trading platforms, while JustMarkets fights back with superior education resources and smoother deposits & withdrawals.

Detailed Verdict

After testing both brokers with real accounts, LMAX comes out ahead with a 8.8/10 overall rating, winning 5 out of 8 categories. Its strongest area is Regulation & Trust where it scores 9.5/10. LMAX holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. JustMarkets is not without merit — it scores 7.2/10 overall and excels in Trading Costs (7.5/10), winning 2 categories. Traders who value superior education resources or smoother deposits & withdrawals may find JustMarkets the better fit. For a complete breakdown, read our full LMAX review and JustMarkets review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

JustMarkets
LMAX
Trading Costs
7.5 9.0

LMAX wins by 1.5 points

Platforms & Tools
7.0 8.0

LMAX wins by 1.0 points

Regulation & Trust
7.0 9.5

LMAX wins by 2.5 points

Education
6.5 6.0

JustMarkets wins by 0.5 points

Customer Service
7.5 8.0

LMAX wins by 0.5 points

Research & Analysis
6.5 7.5

LMAX wins by 1.0 points

Deposit & Withdrawal
7.5 7.0

JustMarkets wins by 0.5 points

Product Range
6.5 6.5

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
7.2/10
8.8/10
Min Deposit
Lower is better
$1
$1000
Max Leverage
1:3000
1:100
Spreads From
0.0 pips
0.0 pips
Platforms
MT4, MT5
LMAX Global
Regulation
CySEC, FSA, IFSC
FCA
Founded
Older track record highlighted
2012
2010
Markets
260+
100+
JustMarkets: 0 LMAX: 1
💰

Fees & Costs

🏅 Section Winner: LMAX (7.5 vs 9.0)

When it comes to trading costs, LMAX has the edge with a score of 9/10 versus 7.5/10 for JustMarkets. JustMarkets offers spreads starting from 0.0 pips, while LMAX starts from 0.0 pips. The minimum deposit at JustMarkets is $1, compared to $1000 at LMAX. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.

JustMarkets
7.5
LMAX
9.0
JustMarkets: 0 LMAX: 2
🖥️

Trading Platforms

🏅 Section Winner: LMAX (7.0 vs 8.0)

LMAX scores 8/10 for platforms compared to 7/10 for JustMarkets. JustMarkets provides MT4, MT5, while LMAX offers LMAX Global. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.

JustMarkets
7.0
LMAX
8.0
JustMarkets: 0 LMAX: 3
🛡️

Regulation & Safety

🏅 Section Winner: LMAX (7.0 vs 9.5)

Regulation is crucial for fund safety. JustMarkets is regulated by CySEC, FSA, IFSC (Tier 1), while LMAX holds licenses from FCA (Tier 1). JustMarkets scores 7/10 and LMAX scores 9.5/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.

JustMarkets
7.0
LMAX
9.5
JustMarkets: 1 LMAX: 3
📚

Education & Research

🏅 Section Winner: JustMarkets (6.5 vs 6.0)

For learning resources, JustMarkets leads with 6.5/10 compared to 6/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. JustMarkets and LMAX both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.

JustMarkets
6.5
LMAX
6.0
JustMarkets: 1 LMAX: 4
🎧

Customer Support

🏅 Section Winner: LMAX (7.5 vs 8.0)

JustMarkets offers 24/7 Live Chat, Email and scores 7.5/10, while LMAX provides 24/5 Email, Phone with a score of 8/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.

JustMarkets
7.5
LMAX
8.0
JustMarkets: 2 LMAX: 4
💳

Deposit & Withdrawal

🏅 Section Winner: JustMarkets (7.5 vs 7.0)

JustMarkets scores 7.5/10 for deposits and withdrawals, while LMAX scores 7/10. JustMarkets accepts Bank Transfer, Credit Card, Skrill, Neteller, Crypto, and LMAX supports Bank Transfer. Processing times, fees, and available currencies vary. JustMarkets requires a minimum deposit of $1 versus $1000 for LMAX. Always check withdrawal conditions and any potential fees before funding your account.

JustMarkets
7.5
LMAX
7.0

Which Broker Is Right for You?

JustMarkets

Choose JustMarkets if you...

  • You're a beginner who values learning resources
  • Fast and flexible deposits & withdrawals are important
  • You prefer a low minimum deposit ($1)
Visit JustMarkets
LMAX

Choose LMAX if you...

  • You want lower spreads and trading fees
  • You need advanced trading platforms and tools
  • Top-tier regulation and fund safety are your priority
  • Responsive customer support matters to you
Visit LMAX

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is JustMarkets better than LMAX?

LMAX scores higher overall (8.8/10 vs 7.2/10), winning 5 of 8 categories. However, JustMarkets is stronger in superior education resources and smoother deposits & withdrawals. The best choice depends on what matters most to your trading style.

Which has lower fees, JustMarkets or LMAX?

LMAX scores higher for trading costs. JustMarkets offers spreads from 0.0 pips with a $1 minimum deposit, while LMAX starts from 0.0 pips with $1000 minimum. Actual trading costs depend on your instrument, volume, and account type.

Is JustMarkets safe to trade with?

JustMarkets is regulated by CySEC, FSA, IFSC and scores 7/10 for regulation. LMAX is regulated by FCA with a score of 9.5/10. Both hold recognized licenses, but verify the specific entity covering your region.

Which has better trading platforms, JustMarkets or LMAX?

LMAX scores 8/10 for platforms. JustMarkets offers MT4, MT5, while LMAX provides LMAX Global. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.

What's the minimum deposit for JustMarkets vs LMAX?

JustMarkets requires a minimum deposit of $1, while LMAX requires $1000. JustMarkets has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.

Ready to Start Trading?

Open a free account with either broker and start trading today.

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