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

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Data refreshed 25 Sep 2026 · Compiled by David Ispiryan

Interactive Brokers

Trust rank #2 · Editorial rating 10 / 10 · Founded 1977

Interactive Brokers is a well-regarded forex broker providing broad access to currency pairs, advanced trading platforms, and research and risk management tools. It supports multi-asset trading and a wide range of order…

Read the Interactive Brokers 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

Interactive Brokers (United States, founded 1977) holds 15 regulatory licences (ASIC, CBI, CFTC, CIRO, CSSF…), 10 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 212 countries; Interactive Brokers is available in 6 countries where JustMarkets is not, and JustMarkets in 14 where Interactive Brokers is not.

Verdict at a glance

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

Interactive Brokers vs JustMarkets: side-by-side data

CriteriaInteractive BrokersJustMarkets
Editorial rating10 / 109 / 10
Trust rank#2#25
Founded19772012
HeadquartersUnited StatesMauritius
RegulatorsASIC, CBI, CFTC, CIRO, CSSF, DFSA, FCA, FINRA, JFSA, MAS, MNB, NFA, SEBI, SEC, SFCFSA Seychelles, FSC Mauritius, SVGFSA
Broker typeDMAECN, STP
PlatformsProprietaryMT4, MT5
InstrumentsCommodities, Cryptocurrencies, Forex, Indices, MetalsCommodities, Cryptocurrencies, Forex, Indices, Metals
Countries accepted218 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

Interactive Brokers

  • Transparent commission-based FX pricing with tight spreads
  • Aggregated multi-bank liquidity (IDEALPRO)
  • Professional platforms (TWS) and institutional APIs (FIX/REST)
  • Advanced risk management with real-time margin analytics
  • Universal multi-asset account for FX hedging and settlement

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

Interactive Brokers

  • No MT4/MT5 support
  • Steep learning curve
  • Commission-based FX pricing
  • 25k IDEALPRO minimum order size
  • Limited funding methods

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

Interactive Brokers

  • Agency model with direct market access to multiple liquidity providers
  • Spot forex and forex CFDs across major and minor pairs
  • Trader Workstation FXTrader with advanced order types and depth of market
  • Smart order routing and transparent interbank pricing with commissions
  • FIX and REST API support for algorithmic forex trading
  • Two factor authentication IB Key and top tier global regulation

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: Interactive Brokers vs JustMarkets

Available at both (212): 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, Cabo Verde, Cambodia, Cameroon, Cayman Islands, Chad, Chile, China, Christmas Island, Cocos (Keeling) Islands, Colombia, Comoros and 172 more.

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

Only JustMarkets (14): Afghanistan, Burundi, Central African Republic, Congo, Iraq, Libya, Nauru, Nigeria, Sierra Leone, Somalia, South Sudan, 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.

Interactive Brokers vs JustMarkets: common questions

Which broker is more regulated, Interactive Brokers or JustMarkets?

Interactive Brokers holds more regulatory licences: Interactive Brokers (ASIC, CBI, CFTC, CIRO, CSSF, DFSA, FCA, FINRA, JFSA, MAS, MNB, NFA, SEBI, SEC, SFC) versus JustMarkets (FSA Seychelles, FSC Mauritius, SVGFSA). Tier-1 licences: Interactive Brokers 10, JustMarkets 0.

Which trading platforms do Interactive Brokers and JustMarkets offer?

Interactive Brokers offers Proprietary; JustMarkets offers MT4, MT5.

Which has lower fees, Interactive Brokers 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, Interactive Brokers or JustMarkets?

Interactive Brokers is the older of the two, founded in 1977; JustMarkets was founded in 2012.

Are Interactive Brokers and JustMarkets available in the same countries?

They overlap in 212 countries. Interactive Brokers is additionally available in 6 countries (Australia, Canada, India, Japan, United Kingdom, United States of America) and JustMarkets in 14 countries (Afghanistan, Burundi, Central African Republic, Congo, Iraq, Libya and 8 more).

Keep comparing

Interactive Brokers

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.