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Detailed side-by-side analysis of ICMarkets vs JustMarkets
| Feature | ICMarkets | JustMarkets |
|---|---|---|
| Headquarters | Sydney, Australia. | Mahe, Seychelles. |
| Type of Broker | ECN | ECN |
| Founded | 2007 Older | 2012 |
| Regulated By | CySEC, FSA, ASIC | FSC, FSCA, CySEC, FSA |
| Offices | Level 4, 50 Carrington Street, Sydney, NSW 2000, NSW 2000, Australia | Office 10, Floor 2, Vairam Building, Providence Industrial Estate, Providence, Mahe, Seychelles |
| Supported Languages | ENGLISH, 简体中文, ไทย, INDONESIA, 한국어, DEUTSCH, FRANÇAIS, PORTUGUES, ESPAÑOL, TIẾNG VIỆT, РУССКИЙ, ITALIANO, БЪЛГАРСКИ, HRVATSKI, 繁體中文, فارس | English, Indonesian, Malaysian, Spanish, Portuguese, Vietnamese |
Many traders pick a broker based on surface-level features and regret it later. ICMarkets and JustMarkets both promise tight spreads and smooth trading, but the real difference shows under pressure. This guide cuts through the noise and shows which broker holds up when it matters most.
IC Markets focuses on ultra-low spreads, high-speed execution, and advanced trading infrastructure for scalpers and algorithmic traders. JustMarkets offers higher leverage up to 1:3000, broader accessibility, and flexible account types for retail traders.
IC Markets suits precision trading and cost efficiency. JustMarkets suits high-leverage trading and simplified entry.
| Factor | IC Markets | JustMarkets | Winner |
|---|---|---|---|
| Regulation | FSA (Seychelles) | CySEC, FSCA, FSA | JustMarkets |
| Maximum Leverage | Up to 1:1000 | Up to 1:3000 | JustMarkets |
| Spreads | From 0.0 pips (raw accounts) | From 0.0–0.3 pips | IC Markets |
| Commission Model | $3–$6 per lot (raw accounts) | Commission on raw account, zero on standard | IC Markets |
| Platforms | MT4, MT5, cTrader, TradingView | MT4, MT5, mobile app | IC Markets |
| Execution Speed | Ultra-low latency (Equinix NY4) | ~0.01 sec execution | IC Markets |
| Instruments | Forex, stocks, indices, crypto, futures | 260+ instruments incl. crypto | IC Markets |
| Account Types | Raw, Standard, cTrader | Standard, Raw Spread, Islamic | JustMarkets |
| Trading Style Flexibility | Scalping, EA, and hedging allowed | Flexible, retail-focused | IC Markets |
Winner: IC Markets
IC Markets leads in trading performance. Also offers tight spreads, deep liquidity access, and institutional-grade execution. JustMarkets leads in accessibility. High leverage up to 1:3000, lower entry requirements, and simplified account structure support beginner and high-risk retail traders.
| Feature | ICMarkets | JustMarkets |
|---|---|---|
| Account Currencies | (60+) | 80+ |
| Minimum Deposit | $0 | $10 |
| Maximum Leverage | 1:1000 | 1:3000 |
| Minimum Contract Size | 0.01 lots | 0.01 lots |
| ECN/STP Accounts Offered | ||
| Demo Account Expiry | N/A | N/A |
| Islamic Accounts | ||
| Traders from USA |
IC Markets keeps account structure simple with three core options focused on pricing efficiency and execution. JustMarkets offers four account types with lower entry requirements and more flexibility. IC Markets targets active and cost-sensitive trading. JustMarkets supports beginners and gradual account scaling.
| Factor | IC Markets | JustMarkets | Winner |
|---|---|---|---|
| Account Types | Raw MT4/5, cTrader, Standard | Cent, Standard, Pro, Raw | JustMarkets |
| Minimum Deposit | $200 | From $1 (Cent, Standard), $100 (Pro, Raw) | JustMarkets |
| Raw Spread Account | 0.0 pips, $7 round turn | 0.0 pips, ~3 units/lot/side | IC Markets |
| Standard Account | From 0.8 pips, no commission | From 0.3 pips, no commission | JustMarkets |
| Cent Account | Not available | Available | JustMarkets |
| Pro Account | Not available | Available | JustMarkets |
| Islamic Account | Available | Available | Tie |
| Demo Account | Available | Available | Tie |
Winner: IC Markets
IC Markets focuses on performance-driven account design. Raw Spread accounts deliver pricing from 0.0 pips with fixed commission structures. JustMarkets builds flexibility into account access. Cent and Standard accounts start from $1, lowering the barrier for new traders.
| Feature | ICMarkets | JustMarkets |
|---|---|---|
| Typical Spread on Majors | 0.0 pips | 0.0 pips |
| Interest on Margin | ||
| Commission on STP or ECN/STP | $3.50 | $3 |
| EUR/USD | Yes | Yes |
| GBP/USD | Yes | Yes |
| USD/JPY | Yes | Yes |
| Hedging | ||
| Scalping |
IC Markets delivers tighter raw spreads from 0.0 pips with transparent commission models starting at $3.00–$3.50 per side. JustMarkets offers commission-free trading on Standard and Pro accounts with spreads from 0.3 to 0.1 pips. IC Markets leads in pricing precision. JustMarkets focuses on simplified cost structures.
| Factor | IC Markets | JustMarkets | Winner |
|---|---|---|---|
| Raw Spread | From 0.0 pips | From 0.0 pips | Tie |
| Raw Commission | $3.00–$3.50 per side ($6–$7 round turn) | Fixed per trade | IC Markets |
| Standard Spread | From 0.8 pips | From 0.3 pips | JustMarkets |
| Commission-Free Option | Yes (Standard) | Yes (Standard, Pro, Cent) | JustMarkets |
| Pro Account Spread | Not available | From 0.1 pips | JustMarkets |
| cTrader Pricing | $3 per $100k traded | Not available | IC Markets |
| Cost Transparency | Fixed, clear structure | Varies by account | IC Markets |
| Additional Fees | No deposit/withdrawal fees | Loyalty program available | Tie |
Winner: IC Markets
IC Markets delivers lower effective costs for active and high-volume trading. Raw accounts maintain spreads close to zero with fixed commission between $6 and $7 per lot. cTrader accounts reduce cost further with $3 per $100k traded.
JustMarkets delivers simpler, commission-free pricing for flexible trading styles. Standard and Cent accounts remove commission, and Pro accounts reduce spreads to 0.1 pips without added fees.
| Feature | ICMarkets | JustMarkets |
|---|---|---|
| Platforms Offered | MT4, MT5, cTrader, TradingView | MT4, MT5, MobileTrader |
| One-Click-Execution | ||
| Mobile Alerts | ||
| Email Alerts | ||
| VPS Offered | ||
| MetaTrader Server Time (winter) | N/A | N/A |
IC Markets provides MT4, MT5, cTrader, and TradingView integration with advanced trading tools built for precision and automation. JustMarkets offers MT4, MT5, and a proprietary mobile app with TradingView charts. IC Markets leads in platform depth and execution tools. JustMarkets focuses on accessibility and mobile trading experience.
| Factor | IC Markets | JustMarkets | Winner |
|---|---|---|---|
| Platforms | MT4, MT5, cTrader, TradingView | MT4, MT5, Web Terminal | IC Markets |
| TradingView Integration | Yes (cTrader integration) | Yes (mobile app charts) | Tie |
| Algorithmic Trading | Full EA support & VPS | EA support (MT4/MT5) | IC Markets |
| Advanced Tools | Trade Terminal, Market Manager, Sentiment Trader | Basic tools & indicators | IC Markets |
| Mobile Trading | Standard platform apps | Proprietary feature-rich app | JustMarkets |
| Copy Trading | Supported | Supported | Tie |
| Execution Features | Level II pricing, ECN access | Standard execution tools | IC Markets |
Winner: IC Markets
IC Markets leads in advanced tools, automation, and execution quality. MetaTrader platforms support Expert Advisors and high-frequency strategies. JustMarkets leads in mobile usability and simplified trading access. MetaTrader platforms cover standard trading needs.
| Feature | ICMarkets | JustMarkets |
|---|---|---|
| Number of Pairs | 61+ | 50+ |
| CFD's | ||
| Metals | ||
| Oil | ||
| Indices | ||
| Stocks | ||
| Futures | ||
| Binary Options |
IC Markets provides access to 2,250+ instruments across forex, stocks, indices, commodities, bonds, cryptocurrencies, and futures. JustMarkets offers 260+ instruments covering major asset classes with strong forex and crypto availability. IC Markets leads in asset depth. JustMarkets covers core markets with a simpler selection.
| Factor | IC Markets | JustMarkets | Winner |
|---|---|---|---|
| Total Instruments | 2,250+ CFDs | 260+ CFDs | IC Markets |
| Forex Pairs | 61+ pairs | 60+ pairs | IC Markets |
| Stock CFDs | 2,100+ (NASDAQ, NYSE, ASX) | Limited global stocks | IC Markets |
| Indices | 25+ global indices | Major global indices | IC Markets |
| Commodities | 20+ (metals, energies, softs) | Metals, energies | IC Markets |
| Cryptocurrencies | 20+ assets | Major crypto assets | IC Markets |
| Bonds | Available | Not available | IC Markets |
| Futures | Available | Not available | IC Markets |
Winner: IC Markets
IC Markets delivers a broader market range. Commodities extend beyond metals and energy into agricultural products. JustMarkets focuses on core asset classes. Commodities include metals and energy products.
IC Markets supports 11 funding methods with real-time deposits through cards, bank transfers, and e-wallets like Neteller. JustMarkets offers a wider mix of global and local payment systems, including Skrill, Neteller, STICPAY, and regional methods. IC Markets focuses on fast, stable processing. JustMarkets expands flexibility with more localized options.
| Factor | IC Markets | JustMarkets | Winner |
|---|---|---|---|
| Number of Methods | 11 options | Wide range, including local methods | JustMarkets |
| Card Payments | Visa / MasterCard | Visa / MasterCard | Tie |
| E-Wallets | Neteller | Skrill, Neteller, STICPAY | JustMarkets |
| Bank Transfers | Wire, POLi, standard transfer | Wire & local banking methods | JustMarkets |
| Deposit Speed | Instant (most methods) | Instant (e-wallets, many methods) | Tie |
| Withdrawal Speed | Method dependent | Instant (e-wallets), 4–10 days (cards) | JustMarkets |
| Fees | No deposit/withdrawal fees (most methods) | Fees mostly covered | Tie |
| Minimum Deposit | $200 | From $10 (Standard), $200 (Pro/Raw) | JustMarkets |
| Supported Currencies | 7 base currencies | Multiple currencies | JustMarkets |
Winner: IC Marekts
IC Markets offers stable and efficient payment processing. Most transactions are processed without internal fees. JustMarkets offers broader payment coverage with stronger global flexibility. Deposits process instantly across most methods.
IC Markets operates under stronger top-tier oversight, including ASIC and CySEC, with strict compliance standards and segregated client funds. JustMarkets holds multiple licenses across CySEC, FSCA, FSC, and FSA, offering wider global coverage. IC Markets delivers higher regulatory strength. JustMarkets provides a broader jurisdictional reach.
| Factor | IC Markets | JustMarkets | Winner |
|---|---|---|---|
| Tier-1 Regulation | ASIC (Australia) | None | IC Markets |
| European Regulation | CySEC | CySEC | Tie |
| Offshore Regulation | FSA (Seychelles) | FSA (Seychelles), FSC (Mauritius, BVI) | JustMarkets |
| African Regulation | CMA (Kenya) | FSCA (South Africa) | Tie |
| Investor Protection | €20,000 (CySEC) | €20,000 (CySEC) | Tie |
| Fund Segregation | Yes (Tier-1 banks) | Yes | IC Markets |
Winner: IC Markets
IC Markets shows stronger regulatory depth. ASIC supervision adds strict operational control. CySEC licensing introduces compliance audits and investor protection up to €20,000. JustMarkets builds coverage across multiple jurisdictions. CySEC regulation supports European operations. FSCA licensing strengthens presence in Africa.
IC Markets provides 24/7 customer support through phone, email, and global help desks. JustMarkets also delivers 24/7 support with wider communication channels, including live chat and messaging apps across seven languages. IC Markets focuses on structured global support. JustMarkets emphasizes faster, multi-channel access.
| Factor | IC Markets | JustMarkets | Winner |
|---|---|---|---|
| Availability | 24/7 support | 24/7 support | Tie |
| Support Channels | Phone, email, web form | Live chat, phone, email, and messengers | JustMarkets |
| Languages | Multiple regions supported | 7 languages supported | JustMarkets |
| Response System | Email and direct contact | Ticket system & instant chat | JustMarkets |
| Global Phone Access | Yes (multiple countries) | Limited numbers | IC Markets |
| Live Chat | Not clearly highlighted | Available | JustMarkets |
| Messaging Apps | Not specified | WhatsApp, Telegram, Messenger | JustMarkets |
Winner: JustMarkets
IC Markets fits structured, direct support across global lines. Multiple international contact numbers improve accessibility across regions.
JustMarkets fits fast, multi-channel communication with broader language access. Live chat, messaging apps, and social platforms provide immediate access. The ticket system ensures follow-up within 24 hours.
IC Markets suits traders focused on execution quality, tight spreads, and advanced trading tools. JustMarkets suits traders who prefer lower entry costs, higher leverage, and simpler account access. The decision depends on trading style, capital size, and risk approach.
| Choose IC Markets if | Choose JustMarkets if |
|---|---|
| Trading focus stays on ultra-tight spreads from 0.0 pips | Entry starts with a very small capital of $1 from accounts |
| Scalping or high-frequency strategies are in use | High leverage up to 1:3000 is a priority |
| Algorithmic trading or Expert Advisors are required | Cent and standard accounts support learning and testing strategies |
| Low-latency execution matters for entries and exits | Commission-free trading on standard and pro accounts is preferred |
| Higher trading volume demands a lower cost per trade | Multi-platform mobile trading access is important |
| Access to cTrader, MT4, MT5, and TradingView is preferred | Local payment methods and flexible funding options are needed |
| Broader markets like stocks, indices, bonds, and futures are needed | Beginner-friendly setup with easy onboarding is preferred |
IC Markets builds its strength on execution quality, tighter spreads, and advanced trading infrastructure. The setup fits traders who rely on precision, strategy automation, and cost efficiency. JustMarkets focuses on accessibility, flexible account entry, and higher leverage. The structure supports smaller accounts, simpler pricing, and broader onboarding across regions.
IC Markets is often preferred for lower spreads, faster execution, and stronger regulation. JustMarkets can still suit beginners with flexible account options and higher leverage.
IC Markets is better for scalping and day trading due to low-latency execution and raw spread accounts.
JustMarkets is better for beginners due to $1 minimum deposit accounts and Cent account options.
IC Markets is regulated by ASIC, CySEC, and FSA. JustMarkets is regulated by CySEC, FSCA, FSA, and FSC across multiple regions.
JustMarkets supports more local payment methods. IC Markets offers stable global payment options with fast processing on major methods.
