ThinkMarkets and JustMarkets are Forex and CFD brokers offering online trading services to traders and investors worldwide. Both brokers are regulated by top-tier regulatory authorities. ThinkMarkets is regulated by 8 regulatory authorities , including the ASIC, CySEC, FMA, JFSA, FSA-S, FSCA , FCA , DFSA.On the other hand, JustMarkets is regulated by 5 regulatory authorities , including the CySEC, FSC- Mauritius, FSA-S, FSCA.. These two brokers offer almost similar services. However, each broker has its strengths and weaknesses.
In this article, we will compare ThinkMarkets with JustMarkets regarding trading platforms, regulations, tradable assets, fees, customer support, and overall trading experience score. We will also explore if ThinkMarkets is better than JustMarkets. This comparison lets you understand which broker is better for your trading style and preferences.
ThinkMarkets vs JustMarkets: Side-by-Side Comparison
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ThinkMarkets vs JustMarkets: In a Nutshell
ThinkMarkets
Founded in 2010 by Nauman and Faizan Anees, ThinkMarkets is an Australian-based forex and CFD broker that offers online trading services worldwide. The company has offices in London, Tokyo, Chicago, Melbourne, Limassol, Dubai, Sofia, and Johannesburg. On its MetaTrader and ThinkTrader platforms, clients can trade over 4,000 instruments. Real stock trading is available on the ThinkTrader app. Traders are supported with free VPS, Signal Centre, Dynamic leverage, Traders’ Gym, etc. To learn more about Think Markets, read our review on Think Markets
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JustMarkets
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.
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ThinkMarkets vs: Just Market Features
ThinkMarkets
- Trading Instruments: 4000+ trading instruments including including forex, cryptocurrencies, shares CFDs, indices, metals, and commodities.
- Maximum leverage: The maximum leverage of ThinkMarkets is as high as 2000:1. Leverage may vary based on jurisdiction and tradable assets.
- Minimum Deposit: The minimum deposit is as low as $0. However, the minimum deposit varies based on account type. ( Standard account: $0, Mini Account: $10, ThinkZero Account: $500)
- Account Types: Three ( Standard account, ThinkZero Account, Mini Account)
- Trading Fees: Spread starting from 1 pip for Standard Account or Commission 3.00 to 3.50 per lot for Razor Account on a Single Trip.
- Trading Fees: Spreads start from 0.4 pips for the standard account (No commission), and 2.52 pips for the Mini Account (no commission). The ThinkZero account has a spread of 0.0 pips with a commission of $3.5 per lot per side.
- 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
ThinkMarkets vs JustMarkets: Pros and Cons
ThinkMarkets
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JustMarkets
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ThinkMarkets Vs JustMarkets: Our Scores and Ratings
We rated both brokers, ThinkMarkets and JustMarkets, 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.
ThinkMarkets :
JustMarkets
Final Verdict :
ThinkMarkets and Just Markets are regulated forex and CFD brokers in the industry. They offer similar trading services. Both brokers allow scalping, hedging, EA trading, and Copy trading. 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 ThinkMarkets is $0., whereas the minimum deposit for Just Markets is $10. Additionally, the maximum leverage for ThinkMarkets is 1:2000. In contrast, the maximum leverage for Just Markets is 1:3000. ThinkMarkets offers passive investment programs like MAM and PAMM, while Just Markets does not have any passive investment programs.
Our score for ThinkMarkets is 9.2, and for Just Markets, it is 9 So, if you are looking for the most trusted forex brokers with MAM and PAMM services, you may choose ThinkMarkets. However, if you prefer another forex brokers that offer similar services, you may choose Just Markets.
