Choose JustMarkets if you want…
Cost-sensitive offshore traders wanting the lowest possible entry and very high leverage.
JustMarkets
⭐ 3.0 / 5
VS
XM
⭐ 4.5 / 5
JustMarkets vs XM — which broker is better in 2026?
We compared JustMarkets and XM across five core criteria: regulation, minimum deposit, spreads, platform choice, and overall user rating. XM wins on more criteria (3 categories vs 2), making it the stronger default for most traders. Both brokers remain reputable, independently tier-1 regulated options.
| JustMarkets | XM | Winner | |
|---|---|---|---|
| Rating | ⭐ 3.0 / 5 | ⭐ 4.5 / 5 | XM |
| Regulators | CySEC, FSCA (South Africa), FSA Seychelles | CySEC, ASIC, IFSC, DFSA | XM |
| Min. deposit | $1 | $5 | JustMarkets |
| Spreads from | 0.0 pips (Raw) | 0.6 pips (Ultra Low) | JustMarkets |
| Max. leverage | 1:3000 (offshore) | Up to 1:30 (EU retail) / 1:1000 (offshore) | — |
| Platforms | MT4, MT5 | MT4, MT5, XM WebTrader, XM Mobile | XM |
| Founded | 2012 | 2009 | — |
| HQ | Limassol, Cyprus | Limassol, Cyprus | — |
Pros & cons compared
JustMarkets pros
- ✓ Ultra-low $1 minimum deposit
- ✓ Very high offshore leverage (up to 1:3000)
- ✓ CySEC and FSCA regulated entities
- ✓ Raw account with spreads from 0.0 pips on MT4/MT5
- ✓ Swap-free (Islamic) accounts available in eligible regions
Cons
- ✗ Extreme leverage dramatically increases risk of ruin
- ✗ Headline 1:3000 leverage only on the offshore entity
- ✗ Education and research thinner than Exness or XM
XM pros
- ✓ $5 minimum deposit — the lowest in the regulated peer group
- ✓ Industry-leading educational content (XM Live webinars, daily research)
- ✓ Multi-jurisdictional regulation: CySEC, ASIC, IFSC, DFSA
- ✓ Strong MENA presence with Arabic platform + local payment methods
- ✓ Negative balance protection on all account types
Cons
- ✗ Spreads on Standard account (1.6+ pips) are uncompetitive vs ECN brokers
- ✗ EU leverage capped at 1:30 retail (ESMA rules)
- ✗ Limited cTrader availability — MT4/MT5 only
Which one should you choose?
Choose XM if you want…
Beginners, low-deposit traders, and education-focused traders, especially in MENA and Asia.
Frequently asked questions
Which is better — JustMarkets or XM?
Based on five comparison criteria (regulation, deposit, spreads, platforms, overall rating), XM wins 3 categories. That makes it the stronger default choice — though both brokers remain reputable, independently tier-1 regulated options.
Is JustMarkets more regulated than XM?
JustMarkets holds licenses from: CySEC, FSCA (South Africa), FSA Seychelles. XM holds licenses from: CySEC, ASIC, IFSC, DFSA. XM has more regulatory licenses, giving it broader geographic coverage.
What are the spreads at JustMarkets vs XM?
JustMarkets spreads start from 0.0 pips (Raw). XM spreads start from 0.6 pips (Ultra Low). Actual spreads vary by account type and market conditions.
Which has a lower minimum deposit, JustMarkets or XM?
JustMarkets: $1. XM: $5. JustMarkets has the lower entry barrier.
