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

Advertiser disclosure: some links on this page may be affiliate links, meaning BrokerCatalogue may earn a commission if you open an account. This never affects the data shown here, which is drawn from our catalogue and compared mechanically. How we make money.

Data refreshed 25 Sep 2026 · Compiled by David Ispiryan

FP Markets

Trust rank #23 · Editorial rating 9 / 10 · Founded 2005

FP Markets is a well-regarded forex broker providing access to currencies and CFDs on popular platforms, supported by research tools and education. It offers broad market coverage, platform choice, and multilingual customer…

Read the FP Markets 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

FP Markets (Australia, founded 2005) holds 4 regulatory licences (ASIC, CMA, CySEC, FSCA), 1 of them tier-1, offers cTrader, 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 220 countries; FP Markets is available in 5 countries where JustMarkets is not, and JustMarkets in 6 where FP Markets is not.

Verdict at a glance

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

Scored on 9 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.

FP Markets vs JustMarkets: side-by-side data

CriteriaFP MarketsJustMarkets
Editorial rating9 / 109 / 10
Trust rank#23#25
Founded20052012
HeadquartersAustraliaMauritius
RegulatorsASIC, CMA, CySEC, FSCAFSA Seychelles, FSC Mauritius, SVGFSA
Broker typeDMA, ECN, STPECN, STP
PlatformscTrader, MT4, MT5MT4, MT5
InstrumentsCommodities, Cryptocurrencies, Forex, Indices, MetalsCommodities, Cryptocurrencies, Forex, Indices, Metals
Countries accepted225 countries226 countries
Fee levelLowLow
Trading typesCFD Trading, Spot 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

FP Markets

  • ASIC & CySEC regulated
  • Raw ECN spreads from 0.0 pips
  • Fast execution and deep liquidity
  • MT4/MT5 platforms with EAs, hedging & scalping
  • Low commissions on RAW account

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

FP Markets

  • No negative balance protection across all entities
  • No investor compensation scheme (ASIC clients)
  • IRESS platform and market data fees
  • Withdrawal fees on international bank wires/selected methods
  • Not available to US 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

FP Markets

  • Multi asset Forex and CFD trading on MT4 MT5 cTrader and Iress
  • ECN raw spreads deep liquidity and low latency execution
  • ASIC and CySEC regulated with segregated client funds
  • Advanced trading tools Autochartist VPS and copy trading
  • MAM PAMM accounts for portfolio management
  • Direct market access share CFDs via Iress

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: FP Markets vs JustMarkets

Available at both (220): Albania, Algeria, American Samoa, 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, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling) Islands and 180 more.

Only FP Markets (5): Australia, Canada, India, Japan, United Kingdom.

Only JustMarkets (6): Afghanistan, Iraq, Liberia, Libya, Somalia, Yemen.

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

FP Markets vs JustMarkets: common questions

Which broker is more regulated, FP Markets or JustMarkets?

FP Markets holds more regulatory licences: FP Markets (ASIC, CMA, CySEC, FSCA) versus JustMarkets (FSA Seychelles, FSC Mauritius, SVGFSA). Tier-1 licences: FP Markets 1, JustMarkets 0.

Which trading platforms do FP Markets and JustMarkets offer?

FP Markets offers cTrader, MT4, MT5; JustMarkets offers MT4, MT5.

Which has lower fees, FP Markets 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, FP Markets or JustMarkets?

FP Markets is the older of the two, founded in 2005; JustMarkets was founded in 2012.

Are FP Markets and JustMarkets available in the same countries?

They overlap in 220 countries. FP Markets is additionally available in 5 countries (Australia, Canada, India, Japan, United Kingdom) and JustMarkets in 6 countries (Afghanistan, Iraq, Liberia, Libya, Somalia, Yemen).

Keep comparing

FP Markets

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.