JustMarkets

JustMarkets

🟢 Tier 1 Regulated
7.2
/ 10
vs
Pepperstone

Pepperstone

🟢 Tier 1 Regulated
8.5
/ 10

JustMarkets vs Pepperstone

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

JustMarkets and Pepperstone 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. Pepperstone, established in 2010 in Melbourne, Australia, holds licenses from ASIC, FCA, CySEC, DFSA, SCB with spreads from 0.0 pips and a $0 minimum deposit. In our hands-on testing across 8 scoring categories, Pepperstone scored 8.5/10 overall compared to JustMarkets's 7.2/10, making it the stronger pick for most traders. That said, JustMarkets holds its own with overall value, so your ideal broker depends on what you prioritize in a trading partner.

Key Differences at a Glance

  • 📊

    Pepperstone scores 8.5/10 overall vs 7.2/10 for JustMarkets — a 1.3-point difference.

  • 💵

    Pepperstone requires just $0 to start, while JustMarkets needs $1 — Pepperstone is 1x more accessible.

  • 📈

    Pepperstone offers 1,200+ instruments vs 260+ at JustMarkets — a massive gap in market coverage.

  • 🖥️

    JustMarkets runs on MT4, MT5, while Pepperstone uses MT4, MT5, cTrader, TradingView — different ecosystems for different trading styles.

  • The biggest gap is in Platforms & Tools: Pepperstone scores 9.0 vs 7.0 for JustMarkets — a 2.0-point difference.

Our Verdict

JustMarkets

JustMarkets

Score: 7.2/10 · Wins 0 categories
  • You prefer JustMarkets's trading environment overall
🏆 WINNER
Pepperstone

Pepperstone

Score: 8.5/10 · Wins 8 categories
  • You want lower spreads and trading fees
  • You're a beginner who values learning resources
  • You need advanced trading platforms and tools
  • Top-tier regulation and fund safety are your priority

Pepperstone takes the lead with an overall score of 8.5/10 compared to 7.2/10, winning in 8 out of 8 scoring categories. Pepperstone stands out for lower trading costs and better trading platforms, while JustMarkets remains a solid alternative.

Detailed Verdict

After testing both brokers with real accounts, Pepperstone comes out ahead with a 8.5/10 overall rating, winning 8 out of 8 categories. Its strongest area is Platforms & Tools where it scores 9.0/10. Pepperstone 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). For a complete breakdown, read our full Pepperstone review and JustMarkets review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

JustMarkets
Pepperstone
Trading Costs
7.5 8.5

Pepperstone wins by 1.0 points

Platforms & Tools
7.0 9.0

Pepperstone wins by 2.0 points

Regulation & Trust
7.0 9.0

Pepperstone wins by 2.0 points

Education
6.5 7.0

Pepperstone wins by 0.5 points

Customer Service
7.5 8.0

Pepperstone wins by 0.5 points

Research & Analysis
6.5 7.5

Pepperstone wins by 1.0 points

Deposit & Withdrawal
7.5 9.0

Pepperstone wins by 1.5 points

Product Range
6.5 8.0

Pepperstone wins by 1.5 points

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
7.2/10
8.5/10
Min Deposit
Lower is better
$1
$0
Max Leverage
1:3000
1:500
Spreads From
0.0 pips
0.0 pips
Platforms
MT4, MT5
MT4, MT5, cTrader, TradingView
Regulation
CySEC, FSA, IFSC
ASIC, FCA, CySEC, DFSA, SCB
Founded
Older track record highlighted
2012
2010
Markets
260+
1,200+
JustMarkets: 0 Pepperstone: 1
💰

Fees & Costs

🏅 Section Winner: Pepperstone (7.5 vs 8.5)

When it comes to trading costs, Pepperstone has the edge with a score of 8.5/10 versus 7.5/10 for JustMarkets. JustMarkets offers spreads starting from 0.0 pips, while Pepperstone starts from 0.0 pips. The minimum deposit at JustMarkets is $1, compared to $0 at Pepperstone. 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
Pepperstone
8.5
JustMarkets: 0 Pepperstone: 2
🖥️

Trading Platforms

🏅 Section Winner: Pepperstone (7.0 vs 9.0)

Pepperstone scores 9/10 for platforms compared to 7/10 for JustMarkets. JustMarkets provides MT4, MT5, while Pepperstone offers MT4, MT5, cTrader, TradingView. 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
Pepperstone
9.0
JustMarkets: 0 Pepperstone: 3
🛡️

Regulation & Safety

🏅 Section Winner: Pepperstone (7.0 vs 9.0)

Regulation is crucial for fund safety. JustMarkets is regulated by CySEC, FSA, IFSC (Tier 1), while Pepperstone holds licenses from ASIC, FCA, CySEC, DFSA, SCB (Tier 1). JustMarkets scores 7/10 and Pepperstone scores 9/10 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
Pepperstone
9.0
JustMarkets: 0 Pepperstone: 4
📚

Education & Research

🏅 Section Winner: Pepperstone (6.5 vs 7.0)

For learning resources, Pepperstone leads with 7/10 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 Pepperstone 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
Pepperstone
7.0
JustMarkets: 0 Pepperstone: 5
🎧

Customer Support

🏅 Section Winner: Pepperstone (7.5 vs 8.0)

JustMarkets offers 24/7 Live Chat, Email and scores 7.5/10, while Pepperstone provides 24/5 Live Chat, 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
Pepperstone
8.0
JustMarkets: 0 Pepperstone: 6
💳

Deposit & Withdrawal

🏅 Section Winner: Pepperstone (7.5 vs 9.0)

JustMarkets scores 7.5/10 for deposits and withdrawals, while Pepperstone scores 9/10. JustMarkets accepts Bank Transfer, Credit Card, Skrill, Neteller, Crypto, and Pepperstone supports Bank Transfer, Credit Card, PayPal, Skrill, Neteller. Processing times, fees, and available currencies vary. JustMarkets requires a minimum deposit of $1 versus $0 for Pepperstone. Always check withdrawal conditions and any potential fees before funding your account.

JustMarkets
7.5
Pepperstone
9.0

Which Broker Is Right for You?

JustMarkets

Choose JustMarkets if you...

  • You prefer JustMarkets's trading environment overall
Visit JustMarkets
Pepperstone

Choose Pepperstone if you...

  • You want lower spreads and trading fees
  • You're a beginner who values learning resources
  • You need advanced trading platforms and tools
  • Top-tier regulation and fund safety are your priority
Visit Pepperstone

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is JustMarkets better than Pepperstone?

Pepperstone scores higher overall (8.5/10 vs 7.2/10), winning 8 of 8 categories. However, JustMarkets remains competitive. The best choice depends on what matters most to your trading style.

Which has lower fees, JustMarkets or Pepperstone?

Pepperstone scores higher for trading costs. JustMarkets offers spreads from 0.0 pips with a $1 minimum deposit, while Pepperstone starts from 0.0 pips with $0 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. Pepperstone is regulated by ASIC, FCA, CySEC, DFSA, SCB with a score of 9/10. Both hold recognized licenses, but verify the specific entity covering your region.

Which has better trading platforms, JustMarkets or Pepperstone?

Pepperstone scores 9/10 for platforms. JustMarkets offers MT4, MT5, while Pepperstone provides MT4, MT5, cTrader, TradingView. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.

What's the minimum deposit for JustMarkets vs Pepperstone?

JustMarkets requires a minimum deposit of $1, while Pepperstone requires $0. Pepperstone 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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