Admirals vs JustMarkets (2026): regulation, platforms and costs compared

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Data refreshed 25 Sep 2026 · Compiled by David Ispiryan

Admirals

Trust rank #13 · Founded 2001

Admirals is a well-regarded forex and CFD broker offering broad market access, user-friendly platforms, and integrated research and education. It provides a range of account options and risk management tools under established…

Read the Admirals review

JustMarkets

Trust rank #25 · Editorial rating 9 / 10 · Founded 2012

JustMarkets is a forex and CFD broker offering broad market access on MetaTrader platforms with multiple account options and flexible conditions. It provides education, market insights, and multilingual support in a straightforward,…

Read the JustMarkets review

Admirals (Estonia, founded 2001) holds 5 regulatory licences (ASIC, CySEC, FCA, FSCA, JSC), 2 of them tier-1, offers MT4, MT5 and sits in our low-fee bracket. JustMarkets (Mauritius, founded 2012) holds 3 regulatory licences (FSA Seychelles, FSC Mauritius, SVGFSA), offers MT4, MT5 and sits in our low-fee bracket. The two overlap in 225 countries; Admirals is available in 3 countries where JustMarkets is not, and JustMarkets in 1 where Admirals is not.

Verdict at a glance

  • Admirals leads on trust rank, track record, regulatory coverage, country coverage and tier-1 licences.
  • Level on platform choice, instrument range and fee level.

Scored on 8 measurable dimensions where both brokers have verified data. Dimensions missing for either side are excluded rather than guessed. This is a data summary, not a recommendation.

Admirals vs JustMarkets: side-by-side data

CriteriaAdmiralsJustMarkets
Editorial ratingNot verified9 / 10
Trust rank#13#25
Founded20012012
HeadquartersEstoniaMauritius
RegulatorsASIC, CySEC, FCA, FSCA, JSCFSA Seychelles, FSC Mauritius, SVGFSA
Broker typeMarket Maker, STPECN, STP
PlatformsMT4, MT5MT4, MT5
InstrumentsCommodities, Cryptocurrencies, Forex, Indices, MetalsCommodities, Cryptocurrencies, Forex, Indices, Metals
Countries accepted228 countries226 countries
Fee levelLowLow
Trading typesCFD Trading, Spot TradingCFD Trading, Spot Trading
Best-for use casesProfessional Trading, Retail TradingCopy Trading, Retail Trading

Highlighted cells mark the stronger value where a direction is objectively better (e.g. more licences, lower fees). "Not verified" means the field is not yet in our catalogue for that broker — we never fill gaps with estimates.

Pros

Admirals

  • FCA, ASIC, CySEC regulation
  • MT4/MT5 with MetaTrader Supreme Edition
  • Zero Accounts with raw spreads and low commissions
  • Wide multi-asset range (FX, indices, commodities, stocks, ETFs, crypto CFDs)
  • Volatility Protection and negative balance protection

JustMarkets

  • High leverage up to 1:3000
  • Raw spread accounts with 0.0 pip spreads
  • Multiple account types: Cent, Standard, Pro, Raw
  • MT4/MT5 platform support
  • Copy trading available

Cons

Admirals

  • Charges inactivity fee
  • Limited free withdrawals
  • No cTrader platform support
  • Leverage capped at 1:30 for EU/UK retail
  • Not available to U.S. residents

JustMarkets

  • Offshore regulation (Seychelles FSA, Mauritius FSC)
  • No top-tier licenses (no FCA/ASIC/NFA)
  • No investor compensation scheme on offshore entities
  • Negative balance protection not consistent across entities
  • Limited platform choice (MT4/MT5 only)

Key features

Admirals

  • Forex and CFD trading on MetaTrader 4 and MetaTrader 5
  • Invest MT5 real stocks and ETFs
  • Multi jurisdiction regulation and segregated client funds
  • Negative balance protection and volatility protection
  • Zero account raw spreads with market execution
  • MetaTrader Supreme Edition and premium analytics

JustMarkets

  • MT4 and MT5 platforms
  • Wide range of forex crypto indices commodities and stocks CFDs
  • Raw spread ECN accounts
  • Leverage up to 3000 to 1
  • Copy trading platform
  • Negative balance protection and segregated client funds

Country availability: Admirals vs JustMarkets

Available at both (225): Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belize, Benin, Bermuda, Bhutan, Bolivia, Bonaire, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Bulgaria, Burkina Faso, Burundi, Cabo Verde, Cambodia, Cameroon, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling) Islands and 185 more.

Only Admirals (3): Australia, India, United Kingdom.

Only JustMarkets (1): Belgium.

Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.

Admirals vs JustMarkets: common questions

Which broker is more regulated, Admirals or JustMarkets?

Admirals holds more regulatory licences: Admirals (ASIC, CySEC, FCA, FSCA, JSC) versus JustMarkets (FSA Seychelles, FSC Mauritius, SVGFSA). Tier-1 licences: Admirals 2, JustMarkets 0.

Which trading platforms do Admirals and JustMarkets offer?

Admirals offers MT4, MT5; JustMarkets offers MT4, MT5.

Which has lower fees, Admirals or JustMarkets?

Both sit in the same fee bracket (low) in our catalogue; compare the spreads and commission rows above for detail.

Which is older, Admirals or JustMarkets?

Admirals is the older of the two, founded in 2001; JustMarkets was founded in 2012.

Are Admirals and JustMarkets available in the same countries?

They overlap in 225 countries. Admirals is additionally available in 3 countries (Australia, India, United Kingdom) and JustMarkets in 1 countries (Belgium).

Keep comparing

Admirals

JustMarkets

Risk warning: CFDs and forex are complex, leveraged instruments and carry a high risk of losing money rapidly. A majority of retail investor accounts lose money when trading CFDs. Nothing on this page is financial advice; verify licence status on the regulator's register before depositing. Full risk disclosure.