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

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Data refreshed 25 Sep 2026 · Compiled by David Ispiryan

FXCM

Trust rank #9 · Founded 1999

FXCM is a well-regarded forex broker that provides access to currency pairs on proprietary and third-party trading platforms, with market research, education, and risk management tools. It operates through regulated entities.

Read the FXCM 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

FXCM (United Kingdom, founded 1999) holds 4 regulatory licences (ASIC, CySEC, FCA, FSCA), 2 of them tier-1, offers MT4, Proprietary, TradingView 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 224 countries; FXCM is available in 2 countries where JustMarkets is not, and JustMarkets in 2 where FXCM is not.

Verdict at a glance

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

FXCM vs JustMarkets: side-by-side data

CriteriaFXCMJustMarkets
Editorial ratingNot verified9 / 10
Trust rank#9#25
Founded19992012
HeadquartersUnited KingdomMauritius
RegulatorsASIC, CySEC, FCA, FSCAFSA Seychelles, FSC Mauritius, SVGFSA
Broker typeSTPECN, STP
PlatformsMT4, Proprietary, TradingViewMT4, MT5
InstrumentsCommodities, Cryptocurrencies, Forex, IndicesCommodities, Cryptocurrencies, Forex, Indices, Metals
Countries accepted226 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

FXCM

  • FCA- and ASIC-regulated; segregated client funds
  • NDD/STP agency execution; deep liquidity
  • Trading Station and MT4; advanced charting and order types
  • REST/FIX APIs and Python SDK; VPS support for algos
  • Broad instrument range: FX, indices, commodities, crypto CFDs

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

FXCM

  • Not available to U.S. clients
  • Inactivity fee
  • Limited product range
  • Best pricing requires high balance/volume
  • Offshore unregulated entity exposure

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

FXCM

  • STP No Dealing Desk Forex Execution
  • Multi Asset Forex and CFD Trading
  • Trading Station MetaTrader 4 NinjaTrader and TradingView Integration
  • REST and FIX API and VPS for Algorithmic Trading
  • FCA ASIC and FSCA Regulation with Segregated Funds and Negative Balance Protection
  • Active Trader Account with Volume Based Pricing

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: FXCM vs JustMarkets

Available at both (224): 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 184 more.

Only FXCM (2): Australia, United Kingdom.

Only JustMarkets (2): Belgium, Hong Kong.

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

FXCM vs JustMarkets: common questions

Which broker is more regulated, FXCM or JustMarkets?

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

Which trading platforms do FXCM and JustMarkets offer?

FXCM offers MT4, Proprietary, TradingView; JustMarkets offers MT4, MT5.

Which has lower fees, FXCM 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, FXCM or JustMarkets?

FXCM is the older of the two, founded in 1999; JustMarkets was founded in 2012.

Are FXCM and JustMarkets available in the same countries?

They overlap in 224 countries. FXCM is additionally available in 2 countries (Australia, United Kingdom) and JustMarkets in 2 countries (Belgium, Hong Kong).

Keep comparing

FXCM

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.