JustMarkets
MiTrade
JustMarkets vs MiTrade
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
JustMarkets and MiTrade 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. MiTrade, established in 2011 in Melbourne, Australia, holds licenses from ASIC, CySEC, CIMA with spreads from 0.0 pips and a $50 minimum deposit. In our hands-on testing across 8 scoring categories, JustMarkets scored 7.2/10 overall compared to MiTrade's 7.2/10, making it the stronger pick for most traders. That said, MiTrade holds its own with stronger regulation and more research tools, so your ideal broker depends on what you prioritize in a trading partner.
Key Differences at a Glance
- 📊
JustMarkets scores 7.2/10 overall vs 7.2/10 for MiTrade — a 0.0-point difference.
- 💵
JustMarkets requires just $1 to start, while MiTrade needs $50 — JustMarkets is 50x more accessible.
- 📈
MiTrade offers 400+ instruments vs 260+ at JustMarkets — a notable difference in market coverage.
- 🖥️
JustMarkets runs on MT4, MT5, while MiTrade uses MiTrade App, MiTrade WebTrader — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Regulation & Trust: MiTrade scores 8.0 vs 7.0 for JustMarkets — a 1.0-point difference.
Our Verdict
JustMarkets
Score: 7.2/10 · Wins 1 categories- Responsive customer support matters to you
- You prefer a low minimum deposit ($1)
- You prefer JustMarkets's trading environment overall
MiTrade
Score: 7.2/10 · Wins 3 categories- Top-tier regulation and fund safety are your priority
- You want access to a wider range of instruments
- You rely on in-depth research and analysis tools
JustMarkets takes the lead with an overall score of 7.2/10 compared to 7.2/10, winning in 1 out of 8 scoring categories. JustMarkets stands out for better customer support, while MiTrade fights back with stronger regulation and more research tools.
Detailed Verdict
After testing both brokers with real accounts, JustMarkets comes out ahead with a 7.2/10 overall rating, winning 1 out of 8 categories. Its strongest area is Trading Costs where it scores 7.5/10. JustMarkets holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. MiTrade is not without merit — it scores 7.2/10 overall and excels in Regulation & Trust (8.0/10), winning 3 categories. Traders who value stronger regulation or more research tools may find MiTrade the better fit. For a complete breakdown, read our full JustMarkets review and MiTrade review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
MiTrade wins by 1.0 points
JustMarkets wins by 0.5 points
MiTrade wins by 0.5 points
MiTrade wins by 0.5 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 7.2/10 ✓ | 7.2/10 ✓ |
| Min Deposit Lower is better | $1 ✓ | $50 |
| Max Leverage | 1:3000 | 1:200 |
| Spreads From | 0.0 pips | 0.0 pips |
| Platforms | MT4, MT5 | MiTrade App, MiTrade WebTrader |
| Regulation | CySEC, FSA, IFSC | ASIC, CySEC, CIMA |
| Founded Older track record highlighted | 2012 | 2011 ✓ |
| Markets | 260+ | 400+ ✓ |
Fees & Costs
When it comes to trading costs, JustMarkets has the edge with a score of 7.5/10 versus 7.5/10 for MiTrade. JustMarkets offers spreads starting from 0.0 pips, while MiTrade starts from 0.0 pips. The minimum deposit at JustMarkets is $1, compared to $50 at MiTrade. 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.
Trading Platforms
JustMarkets scores 7/10 for platforms compared to 7/10 for MiTrade. JustMarkets provides MT4, MT5, while MiTrade offers MiTrade App, MiTrade WebTrader. 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.
Regulation & Safety
Regulation is crucial for fund safety. JustMarkets is regulated by CySEC, FSA, IFSC (Tier 1), while MiTrade holds licenses from ASIC, CySEC, CIMA (Tier 1). JustMarkets scores 7/10 and MiTrade scores 8/10 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.
Education & Research
For learning resources, JustMarkets leads with 6.5/10 compared to 6.5/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. JustMarkets and MiTrade 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.
Customer Support
JustMarkets offers 24/7 Live Chat, Email and scores 7.5/10, while MiTrade provides 24/5 Live Chat, Email with a score of 7/10. 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.
Deposit & Withdrawal
JustMarkets scores 7.5/10 for deposits and withdrawals, while MiTrade scores 7.5/10. JustMarkets accepts Bank Transfer, Credit Card, Skrill, Neteller, Crypto, and MiTrade supports Bank Transfer, Credit Card, Skrill, Apple Pay, Google Pay. Processing times, fees, and available currencies vary. JustMarkets requires a minimum deposit of $1 versus $50 for MiTrade. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose JustMarkets if you...
- Responsive customer support matters to you
- You prefer a low minimum deposit ($1)
- You prefer JustMarkets's trading environment overall
Choose MiTrade if you...
- Top-tier regulation and fund safety are your priority
- You want access to a wider range of instruments
- You rely on in-depth research and analysis tools
🗳️ Which Broker Do You Prefer?
Cast your vote — see what other traders think
Frequently Asked Questions
Is JustMarkets better than MiTrade?
JustMarkets scores higher overall (7.2/10 vs 7.2/10), winning 1 of 8 categories. However, MiTrade is stronger in stronger regulation and more research tools. The best choice depends on what matters most to your trading style.
Which has lower fees, JustMarkets or MiTrade?
JustMarkets scores higher for trading costs. JustMarkets offers spreads from 0.0 pips with a $1 minimum deposit, while MiTrade starts from 0.0 pips with $50 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. MiTrade is regulated by ASIC, CySEC, CIMA with a score of 8/10. Both hold recognized licenses, but verify the specific entity covering your region.
Which has better trading platforms, JustMarkets or MiTrade?
JustMarkets scores 7/10 for platforms. JustMarkets offers MT4, MT5, while MiTrade provides MiTrade App, MiTrade WebTrader. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.
What's the minimum deposit for JustMarkets vs MiTrade?
JustMarkets requires a minimum deposit of $1, while MiTrade requires $50. 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.