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

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Data refreshed 25 Sep 2026 · Compiled by David Ispiryan

eToro

Trust rank #8 · Founded 2007

eToro is a well‐regarded forex broker and multi‐asset platform offering broad access to currency markets via web and mobile trading. It provides social trading features, research, and education within an integrated interface…

Read the eToro 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

eToro (Israel, founded 2007) holds 3 regulatory licences (ASIC, CySEC, FCA), 2 of them tier-1, offers Proprietary 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 211 countries; eToro is available in 6 countries where JustMarkets is not, and JustMarkets in 15 where eToro is not.

Verdict at a glance

  • eToro leads on trust rank, track record and tier-1 licences.
  • JustMarkets leads on platform choice and country coverage.
  • Level on regulatory coverage, 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.

eToro vs JustMarkets: side-by-side data

CriteriaeToroJustMarkets
Editorial ratingNot verified9 / 10
Trust rank#8#25
Founded20072012
HeadquartersIsraelMauritius
RegulatorsASIC, CySEC, FCAFSA Seychelles, FSC Mauritius, SVGFSA
Broker typeMarket MakerECN, STP
PlatformsProprietaryMT4, MT5
InstrumentsCommodities, Cryptocurrencies, Forex, Indices, MetalsCommodities, Cryptocurrencies, Forex, Indices, Metals
Countries accepted217 countries226 countries
Fee levelLowLow
Trading typesCFD TradingCFD Trading, Spot Trading
Best-for use casesCopy Trading, Professional 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

eToro

  • Tier-1 regulation (FCA/ASIC/CySEC)
  • Negative balance protection
  • Built-in social/copy trading
  • Multi-asset CFD account
  • Spread-only FX pricing

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

eToro

  • Higher spreads than ECN/STP brokers
  • No MT4/MT5 or third-party platform support
  • Market-maker execution (not true ECN/STP)
  • No guaranteed stop-loss orders
  • Withdrawal and currency conversion fees

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

eToro

  • CFD forex trading on majors minors and exotics
  • Regulated by FCA CySEC and ASIC with segregated client funds
  • Social copy trading CopyTrader and Smart Portfolios
  • Proprietary web and mobile platform with ProCharts and economic calendar
  • Risk management orders stop loss take profit and negative balance protection
  • Two factor authentication and KYC AML security controls

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: eToro vs JustMarkets

Available at both (211): Albania, Algeria, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bonaire, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Bulgaria, Burkina Faso, Burundi, Cabo Verde, Cambodia, Cameroon, Cayman Islands, Chad, Chile, Christmas Island, Cocos (Keeling) Islands, Colombia, Comoros, Cook Islands and 171 more.

Only eToro (6): Australia, Canada, India, Japan, United Kingdom, United States of America.

Only JustMarkets (15): Afghanistan, American Samoa, Central African Republic, China, Congo, Ethiopia, Guam, Iraq, Lebanon, Mali, Nicaragua, Somalia, Venezuela, Yemen, Zimbabwe.

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

eToro vs JustMarkets: common questions

Which broker is more regulated, eToro or JustMarkets?

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

Which trading platforms do eToro and JustMarkets offer?

eToro offers Proprietary; JustMarkets offers MT4, MT5.

Which has lower fees, eToro 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, eToro or JustMarkets?

eToro is the older of the two, founded in 2007; JustMarkets was founded in 2012.

Are eToro and JustMarkets available in the same countries?

They overlap in 211 countries. eToro is additionally available in 6 countries (Australia, Canada, India, Japan, United Kingdom, United States of America) and JustMarkets in 15 countries (Afghanistan, American Samoa, Central African Republic, China, Congo, Ethiopia and 9 more).

Keep comparing

eToro

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.