Eightcap and JustMarkets are online Forex and CFD brokers that offer trading services to traders and investors worldwide. Both brokers are regulated by top-tier regulatory authorities. Eightcap is regulated by two tier-1 jurisdictions, three tier-2 jurisdictions, and three tier-4 jurisdictions including FCA , CySEC, CMA , FSC Mauritius , SVGFSA ,FSA -S, FSCA, DFSA. On the other hand, JustMarkets is regulated in one tier-1 jurisdictions, one tier-2 jurisdictions, and two tier-4 jurisdictions including CySEC, FSC, FSA -S, FSCA. These two brokers offer almost similar services. However, each broker has its strengths and weaknesses.
In this article, we will compare and contrast Eightcap with JustMarkets regarding trading platforms, regulations, tradable assets, fees, customer support, and overall trading experience score. We will also explore if Eightcap is better than JustMarkets and vice versa. This comparison lets you understand which broker is better for your trading style and preferences.
Eightcap vs Just Markets: In a Nutshell
Eightcap
Founded in 2009, Eightcap is an Australian-based forex and CFD broker that offers online trading services worldwide. The broker is regulated by top-tier regulatory bodies, including ASIC, FCA, CySEC, SCB, and FSASVG. It allows the trading of over 800 instruments, including forex, shares, commodities, indices, and cryptocurrencies. Eightcap offers popular trading platforms and tools like MT4, MT5, TradingView, WebTrader, an AI-powered economic calendar, Capitalise.ai, and Flash Trader for smart trading. The broker also provides daily trade ideas, professional trading insights, and code-free automation.
Eightcap Overview
- Founded Year: 2009
- Founder: Joel Murphy
- Headquarters: The Rialto, South Tower, Level 35/525 Collins St, Melbourne VIC 3000, Australia
- Minimum Deposit: $100
- Maximum Leverage: 1:500
- Regulations: ASIC, FCA, CySEC, SCB, and FSASVG
- Trading platform: MT4, MT5, TradingView, Webtrader
- Account Types: Standard, Raw, Tradingview
- Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, BPAY, Neteller, PayPal, Poli, Skrill, UnionPay, XPAY
- US Clients: Not Accepted
Just Markets
Founded in 2012, Just Markets is an online forex broker that offers forex and CFD trading facilities. Regulated by CySEC, FSC (Mauritius), and FSA (Seychelles), Just Markets provides a wide range of trading instruments, including Forex, CFDs, and Cryptocurrencies. The broker allows almost all trading styles, from scalping to EA Trading, Copy Trading, and news trading.
Just Markets offers multiple trading platforms such as MT4, MT5, and a mobile trader platform. For passive investors, Just Markets provides a “copy trading” platform. The broker offers leverage as high as 3000:1. Additionally, with floating spreads starting from 0 pips, Just Markets aims to provide competitive pricing for its clients. To learn more, you can read our review about Just Markets.
JustMarkets Overview
- Founded In: 2012
- Minimum Deposit: $1
- Maximum Leverage: 1:3000
- Regulations: FSA, Cysec,FSCA,FSC
- Trading platform: MT4, MT5
- Account Types: Standard, Raw, Pro
- Payment Options: VISA, MasterCard, Airtm, Binance/Binance Pay, Bitcoin, Bitcoin Cash, Boleto, Dogecoin (DOGE), Ether/Ethereum, FasaPay, Litecoin, Local Bank Transfers, Neteller, PayRetailers, PerfectMoney, PromptPay, Ripple (XRP), Skrill, Tether (USDT)
- US Traders: Not Accept
Eightcap vs : Just Markets Features
Eightcap:
- Trading Instruments: 1000+ including Forex, Crypto CFDs, Indices CFDs, Commodities CFDs, Stocks CFDs,
- Maximum leverage: up to 500:1 for SCB regulation, and 30:1 for ASIC, CySEC, and FCA Jurisdiction.
- Minimum Deposit: $100 or Equivalent
- Account Types: Three Types of Accounts including Raw Account, Standard Account, Trading View Account
- Fees: about $3.5 per lot on each side for the raw account, 1 pip spread for the standard account, 1 pip spread for the Tradingview account
- PAMM/ MAM: Available
- Scalping: Allowed
- News Trading: Allowed
- EA/ Robot Trading: Allowed
Just Markets
- Trading Instruments: A wide range of trading instruments including forex, commodities, stocks, indices, cryptos
- Maximum leverage: The maximum leverage of Just Markets is 3000:1. However, Leverage may vary from 1:1 to 3000:1 based on tradable assets and jurisdictions.
- Minimum Deposit: The minimum deposit of Justmarkets is $10 for the standard account, and $100 for the Pro and the Accounts
- Account Types: Three ( Standard, Pro, Raw Spread)
- Fees: Spread starts from 0.3 pips for the standard account, 0.1 pips for the pro account, and $3 per lot per side for the Raw Spread account.
- MAM: Not Available
- Scalping: Allowed
- News Trading: Allowed
- EA/ Robot Trading: Allowed
Eightcap vs Just Markets: Pros and Cons
Eightcap
- Regulated by ASIC, FCA, VFSA
- The Maximum Leverage is as high as 1:500
- Offers passive investment programme(MAM, PAMM accounts)
- No Deposit/Withdrawal Fees
- Easy To Open An Account
- Scalping and EA Trading are allowed
- 100+ Crypto CFDs available
- Minimum deposit is $100
- No Investor Protection for non-EU Clients
- The Broker is not regulated by FCA UK
- Conditions and trading costs vary according to the entity
- Hedging is not allowed with the ASIC entity
- No joint accounts, copy trading, referral program, or other options for passive income
Just Markets
- Regulated by CySEC, FSC, FSA-S
- The minimum deposit is as low as $1
- Maximum Leverage is 1:3000 (up to 1:30 for retail clients and up to 1:3000 for professional clients on justmarkets.eu )
- All strategies are allowed (Scalping, News trading, EA Trading)
- Negative balance protection;
- Multilingual support 24/7.
- MetaTrader 4/5 Offered
- Spreads from 0 pips
- 170+ trading instruments
- Not regulated by tire regulators like FCA, ASIC
- No passive investment program ( MAM, PAMM Accounts)
- US, UK, or Japan Traders are not accepted
- A small selection of trading instruments;
- Sometimes it takes time to receive a response from technical support;
- 3% withdrawal fees if you do not have any trading activities
Eightcap vs Just Markets: Side-by-Side Comparison
EightcapVs Just Markets: Our Scores and Ratings
We rated both brokers, Eightcap and Just Markets, on a scale of 1 to 10, with 0.1 increments. To achieve a comprehensive rating, we broadly grouped all services offered by brokers into 6 macro categories and assigned percentage weights to them. Each macro category is subdivided into several data points which contributes to the total score of 1.0-10.0 assigned to each macro category. Since all categories are not equally important, our weight percentage plays a significant role in assessing the broker accurately. For example, Regulation and Security contributes a total weight of 40% to the whole ratings because this is the most important rating category. To learn more, read our methodology.
Eightcap :
Just Markets
Final Verdict :
Eightcap and JustMarkets are regulated forex and CFD brokers in the industry. They offer similar trading services including forex and CFD trading. They both allow scalping, hedging, EA trading and Copy trading. Neither of these brokers accept US Clients. The minimum order size for both of them is 0.01.
However, there are a few areas where you may find some differences. For example, the minimum deposit for Eightcap is $100, whereas the minimum deposit for JustMarkets is $10. Additionally, the maximum leverage for the Eightcap is 500:1. On the other hand, the maximum leverage for JustMarkets is 3000:1.
Our score for Eightcap is 9, and for JustMarkets, it is 9. So, if you are looking for the most trusted forex brokers with tight spreads, you may choose Eightcap. However, If you prefer a forex broker with a lower minimum deposit, higher leverage, and offering a similar trading service to Eightcap, you may choose JustMarkets.
