Just Markets vs RCG Markets | Fees, Features, Safety & More 2024

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Forex traders are constantly looking for a better broker with excellent services to suit their strategies and trading preferences. With over a thousand online forex brokers, making the right choice is becoming an uphill task. Both JustMarkets  and RCG Markets offer almost similar trading services. However, there are differences in their regulations, reputations, and operations. JustMarkets  is regulated in one tier-1 jurisdictions, one tier-2 jurisdictions, and two tier-4 jurisdictions including CySEC, FSC, FSA -S, FSCA. On the other hand, RCG Markets is regulated by CIMA and FSCA. Each of the brokers has its strengths and weaknesses.

In this review, we will analyze and compare the two brokers. We will also explore fees, features, trading platforms, and the pros and cons of each broker to enable traders to make the right choices.

JustMarkets vs RCG Markets: In a Nutshell

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

RCG Markets

RCG Markets Overview
  • Founded In: 2018
  • Minimum Deposit: R100
  • Maximum Leverage: 1:3000
  • Regulations:SEC, FINRA, and FCA
  • Trading platform: MT4, MT5
  • Account Types: Classic, Raw, ECN, Royal100
  • Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, AdvCash, BitPay, bitwallet, ecoPayz, ePayments, FasaPay, Help2Pay, Neteller, Payfinder, Skrill, SticPay, TransfterMate, TroniPay, UnionPay, Uphold
  • US Traders: Not Accept

Just Markets vs RCG Markets: Side By Side Comparison

Just Markets
RCG Markets
Product
Founded In
Founded In
2012
2018
Founded By
Founded By
Not Found
Not Found
Headquarters
Headquarters
Mahe, Seychelles
Gauteng, South Africa
Regulations
Regulations
FSA, Cysec,FSCA,FSC
SEC, FINRA, and FCA
Min Deposit
Min Deposit
$1
R50
Max Leverage
Max Leverage
3000:1
1:3000
Tradable Assets
Tradable Assets
Forex ,CFDs , Gold , Oil
Forex ,Indices, Share,Commodities and Energies
Fees
Fees
Spread from 0.1 pips
Spread from 1.5 pips, commissions $7/round lot
Platforms and Tools
Platforms and Tools
MT4, MT5
MT4,MT5
US Traders
US Traders
Not Allowed
Not Allowed

Just Markets vs RCG Markets: Pros and Cons

Just Markets Pros & Cons

Pros
  • 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
Cons
  •  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 

  

RCG Markets Pros & Cons

Conclusion :

JustMarkets  and RCG Markets are forex and CFD brokers. They offer similar trading services. Both brokers allow scalping, EA trading, Copy Trading, hedging, etc. The minimum lot size for both brokers is as low as 0.01. 

However, there are differences in some areas. For example, the minimum deposit for JustMarkets  is $200.  whereas the minimum deposit for RCG Markets is $100. Additionally, the maximum leverage for the JustMarkets  is 3000:1. In contrast, the maximum leverage for RCG Markets is 400:1. 

Our score for JustMarkets  is 9.0, and for RCG Markets, it is 7.0 So, if you are looking for the most trusted forex brokers with low spreads, you may choose JustMarkets . However, if you prefer a forex broker that offers similar services, you may choose RCG Markets.

Written by

Jason Paine is a forex trader, researcher, and tech enthusiast. He is passionate about financial markets and cutting-edge technology. With a dynamic 16-year trading career, he's on a mission to guide fellow traders. Having navigated diverse forex brokers, Jason shares his insights at Brokersway to bridge the gap between traders and the right brokerage.

DisclosureAt Brokersway we're committed to delivering unbiased information. our opinions are our own and are not influenced by the payment we receive from our advertising partners. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here's an explanation of how we make money.

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