Swissquote
JustMarkets
Swissquote vs JustMarkets
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
Swissquote and JustMarkets are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. Swissquote, founded in 1996 and headquartered in Gland, Switzerland, is regulated by FINMA and offers spreads starting from 1.1 pips with a minimum deposit of $1000. JustMarkets, established in 2012 in Limassol, Cyprus, holds licenses from CySEC, FSA, IFSC with spreads from 0.0 pips and a $1 minimum deposit. In our hands-on testing across 8 scoring categories, Swissquote scored 8.6/10 overall compared to JustMarkets's 7.2/10, making it the stronger pick for most traders. That said, JustMarkets holds its own with lower trading costs, so your ideal broker depends on what you prioritize in a trading partner.
Key Differences at a Glance
- 📊
Swissquote scores 8.6/10 overall vs 7.2/10 for JustMarkets — a 1.4-point difference.
- 💵
JustMarkets requires just $1 to start, while Swissquote needs $1000 — JustMarkets is 1000x more accessible.
- 🛡️
JustMarkets holds Tier 1 regulation (CySEC, FSA, IFSC) offering stronger investor protection than Swissquote's Unrated status.
- 📈
Swissquote offers 3,000+ instruments vs 260+ at JustMarkets — a massive gap in market coverage.
- 🖥️
Swissquote runs on MT4, MT5, Advanced Trader, while JustMarkets uses MT4, MT5 — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Regulation & Trust: Swissquote scores 10.0 vs 7.0 for JustMarkets — a 3.0-point difference.
Our Verdict
Swissquote
Score: 8.6/10 · Wins 5 categories- You're a beginner who values learning resources
- You need advanced trading platforms and tools
- Top-tier regulation and fund safety are your priority
- You want access to a wider range of instruments
JustMarkets
Score: 7.2/10 · Wins 1 categories- You want lower spreads and trading fees
- You prefer a low minimum deposit ($1)
- You prefer JustMarkets's trading environment overall
Swissquote takes the lead with an overall score of 8.6/10 compared to 7.2/10, winning in 5 out of 8 scoring categories. Swissquote stands out for better trading platforms and stronger regulation, while JustMarkets fights back with lower trading costs.
Detailed Verdict
After testing both brokers with real accounts, Swissquote comes out ahead with a 8.6/10 overall rating, winning 5 out of 8 categories. Its strongest area is Regulation & Trust where it scores 10.0/10. Swissquote holds Unrated regulation, though traders should verify the specific entity and jurisdiction covering their account. JustMarkets is not without merit — it scores 7.2/10 overall and excels in Trading Costs (7.5/10), winning 1 category. Traders who value lower trading costs may find JustMarkets the better fit. For a complete breakdown, read our full Swissquote review and JustMarkets review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
JustMarkets wins by 0.5 points
Swissquote wins by 1.0 points
Swissquote wins by 3.0 points
Swissquote wins by 1.0 points
Swissquote wins by 2.0 points
Swissquote wins by 2.0 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 8.6/10 ✓ | 7.2/10 |
| Min Deposit Lower is better | $1000 | $1 ✓ |
| Max Leverage | 1:100 | 1:3000 |
| Spreads From | 1.1 pips | 0.0 pips |
| Platforms | MT4, MT5, Advanced Trader | MT4, MT5 |
| Regulation | FINMA | CySEC, FSA, IFSC |
| Founded Older track record highlighted | 1996 ✓ | 2012 |
| Markets | 3,000+ ✓ | 260+ |
Fees & Costs
When it comes to trading costs, JustMarkets has the edge with a score of 7.5/10 versus 7/10 for Swissquote. Swissquote offers spreads starting from 1.1 pips, while JustMarkets starts from 0.0 pips. The minimum deposit at Swissquote is $1000, compared to $1 at JustMarkets. 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
Swissquote scores 8/10 for platforms compared to 7/10 for JustMarkets. Swissquote provides MT4, MT5, Advanced Trader, while JustMarkets offers MT4, MT5. 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. Swissquote is regulated by FINMA (Unrated), while JustMarkets holds licenses from CySEC, FSA, IFSC (Tier 1). Swissquote scores 10/10 and JustMarkets scores 7/10 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, Swissquote leads with 7.5/10 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. Swissquote and JustMarkets 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
Swissquote offers 24/5 Email, Phone and scores 7.5/10, while JustMarkets provides 24/7 Live Chat, Email with a score of 7.5/10. 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
Swissquote scores 7.5/10 for deposits and withdrawals, while JustMarkets scores 7.5/10. Swissquote accepts Bank Transfer, Credit Card, and JustMarkets supports Bank Transfer, Credit Card, Skrill, Neteller, Crypto. Processing times, fees, and available currencies vary. Swissquote requires a minimum deposit of $1000 versus $1 for JustMarkets. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose Swissquote if you...
- You're a beginner who values learning resources
- You need advanced trading platforms and tools
- Top-tier regulation and fund safety are your priority
- You want access to a wider range of instruments
Choose JustMarkets if you...
- You want lower spreads and trading fees
- You prefer a low minimum deposit ($1)
- You prefer JustMarkets's trading environment overall
🗳️ Which Broker Do You Prefer?
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Frequently Asked Questions
Is Swissquote better than JustMarkets?
Swissquote scores higher overall (8.6/10 vs 7.2/10), winning 5 of 8 categories. However, JustMarkets is stronger in lower trading costs. The best choice depends on what matters most to your trading style.
Which has lower fees, Swissquote or JustMarkets?
JustMarkets scores higher for trading costs. Swissquote offers spreads from 1.1 pips with a $1000 minimum deposit, while JustMarkets starts from 0.0 pips with $1 minimum. Actual trading costs depend on your instrument, volume, and account type.
Is Swissquote safe to trade with?
Swissquote is regulated by FINMA and scores 10/10 for regulation. JustMarkets is regulated by CySEC, FSA, IFSC with a score of 7/10. Both hold recognized licenses, but verify the specific entity covering your region.
Which has better trading platforms, Swissquote or JustMarkets?
Swissquote scores 8/10 for platforms. Swissquote offers MT4, MT5, Advanced Trader, while JustMarkets provides MT4, MT5. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.
What's the minimum deposit for Swissquote vs JustMarkets?
Swissquote requires a minimum deposit of $1000, while JustMarkets requires $1. 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.