JustMarkets
MiTrade
JustMarkets vs MiTrade
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
JustMarkets and MiTrade are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. JustMarkets, founded in 2012 and headquartered in Limassol, Cyprus, is regulated by CySEC, FSA, IFSC and offers spreads starting from 0.0 pips with a minimum deposit of $1. MiTrade, established in 2011 in Melbourne, Australia, holds licenses from ASIC, CySEC, CIMA with spreads from 0.0 pips and a $50 minimum deposit. In our hands-on testing across 8 scoring categories, JustMarkets scored 7.2/10 overall compared to MiTrade's 7.2/10, making it the stronger pick for most traders. That said, MiTrade holds its own with stronger regulation and more research tools, so your ideal broker depends on what you prioritize in a trading partner.
Trust stack
Trust stack for this head-to-head
This comparison uses the same review dataset, methodology, disclosure, and corrections standards as the rest of TBR money pages. Head-to-head verdicts still need an entity-level regulation check before signup.
Risk layer
Risk & regulation snapshot for JustMarkets
Regulation
Third-partyCySEC, FSA, IFSC · brand-level entity model
Leverage / exposure
Broker-stated1:3000 (high-risk if you size trades badly)
Trust read
VerifiedTier 1 trust profile
Regulation status
Third-partyCySEC gives the brand real tier-1 coverage, but the footprint is mixed because FSA, IFSC also appears in the regulator stack.
Entity nuance
Third-partyJustMarkets shows 3 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.
Investor protection
UnknownTop-tier regulation helps on paper, but the canonical dataset still does not lock the exact compensation scheme or client-money safeguards for every onboarding entity.
Verification state
VerifiedVerification state: brand-level regulator mapping is in place, but the exact contracting entity is still inferred rather than fully pinned in the canonical dataset.
High-risk warning
Broker-statedA 1:3000 ceiling is aggressive retail leverage. Small mistakes can snowball fast even if the broker itself is regulated.
Safer alternative lens
If this profile feels too aggressive, compare brokers with cleaner tier-1 coverage and lower leverage ceilings before funding an account.
Risk layer
Risk & regulation snapshot for MiTrade
Regulation
Third-partyASIC, CySEC, CIMA · brand-level entity model
Leverage / exposure
Broker-stated1:200 (moderate-to-high retail risk)
Trust read
VerifiedTier 1 trust profile
Regulation status
Third-partyASIC, CySEC gives the brand real tier-1 coverage, but the footprint is mixed because CIMA also appears in the regulator stack.
Entity nuance
Third-partyMiTrade shows 3 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with.
Investor protection
UnknownTop-tier regulation helps on paper, but the canonical dataset still does not lock the exact compensation scheme or client-money safeguards for every onboarding entity.
Verification state
VerifiedVerification state: brand-level regulator mapping is in place, but the exact contracting entity is still inferred rather than fully pinned in the canonical dataset.
High-risk warning
Broker-statedA 1:200 ceiling still creates meaningful downside if position sizing is sloppy. Regulation does not remove market risk.
Safer alternative lens
If this profile feels too aggressive, compare brokers with cleaner tier-1 coverage and lower leverage ceilings before funding an account.
Evidence labels
How to read the evidence in JustMarkets vs MiTrade
Comparison pages mix our own review work with broker-published facts and outside records. The labels make that visible instead of flattening everything into one fake confidence level.
Overall verdict and score differences
VerifiedThese come from our review methodology and the underlying hands-on review dataset used for scoring.
Spreads, minimum deposits, leverage, and platform lists
Broker-statedThese are usually published broker facts unless a review explicitly documents a direct test.
Regulation and entity background
Third-partyThose checks rely on regulator registers and other external records, not just broker marketing copy.
Cells the source reviews do not support cleanly
UnknownIf the underlying evidence is thin or conflicted, the safe answer is to keep the gap visible.
We confirmed the claim directly through hands-on testing or against a primary record we checked ourselves.
Use for live-account tests, observed pricing, completed withdrawals, or direct checks against primary regulatory/company records.
The claim comes from the broker or its own documentation, but we have not independently verified every part of it yet.
Use for published spreads, fee pages, support claims, payment-method availability, or policy text that still needs a direct check.
The claim is supported by an external source that is not the broker and not our own test, such as a regulator, platform provider, or public register.
Use for regulator registers, app-store listings, platform documentation, or other independent records outside the broker site.
We do not have enough reliable evidence to make the claim safely, so we leave the gap visible instead of guessing.
Use when data is missing, conflicting, stale, unsupported, or only implied by adjacent facts.
Key Differences at a Glance
- 📊
JustMarkets scores 7.2/10 overall vs 7.2/10 for MiTrade — a 0.0-point difference.
- 💵
JustMarkets requires just $1 to start, while MiTrade needs $50 — JustMarkets is 50x more accessible.
- 📈
MiTrade offers 400+ instruments vs 260+ at JustMarkets — a notable difference in market coverage.
- 🖥️
JustMarkets runs on MT4, MT5, while MiTrade uses MiTrade App, MiTrade WebTrader — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Regulation & Trust: MiTrade scores 8.0 vs 7.0 for JustMarkets — a 1.0-point difference.
Our Verdict
JustMarkets
Score: 7.2/10 · Wins 1 categories- Responsive customer support matters to you
- You prefer a low minimum deposit ($1)
- You prefer JustMarkets's trading environment overall
MiTrade
Score: 7.2/10 · Wins 3 categories- Top-tier regulation and fund safety are your priority
- You want access to a wider range of instruments
- You rely on in-depth research and analysis tools
JustMarkets takes the lead with an overall score of 7.2/10 compared to 7.2/10, winning in 1 out of 8 scoring categories. JustMarkets stands out for better customer support, while MiTrade fights back with stronger regulation and more research tools.
Broker recommendation block
If you only shortlist two names after this comparison, make it JustMarkets first and MiTrade second
JustMarkets is the stronger default pick on the numbers here, but MiTrade still makes sense if its edge lines up with how you actually trade.
JustMarkets
🟢 Tier 1 RegulatedCySEC · FSA · IFSC
JustMarkets wins this matchup on overall score, especially for better customer support.
Overall score
7.2/10
Minimum deposit
$1
MiTrade
🟢 Tier 1 RegulatedASIC · CySEC · CIMA
MiTrade is still worth a second tab open if you care more about stronger regulation and more research tools.
Overall score
7.2/10
Minimum deposit
$50
Detailed Verdict
After testing both brokers with real accounts, JustMarkets comes out ahead with a 7.2/10 overall rating, winning 1 out of 8 categories. Its strongest area is Trading Costs where it scores 7.5/10. JustMarkets holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. MiTrade is not without merit — it scores 7.2/10 overall and excels in Regulation & Trust (8.0/10), winning 3 categories. Traders who value stronger regulation or more research tools may find MiTrade the better fit. For a complete breakdown, read our full JustMarkets review and MiTrade review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
MiTrade wins by 1.0 points
JustMarkets wins by 0.5 points
MiTrade wins by 0.5 points
MiTrade wins by 0.5 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 7.2/10 ✓ | 7.2/10 ✓ |
| Min Deposit Lower is better | $1 ✓ | $50 |
| Max Leverage | 1:3000 | 1:200 |
| Spreads From | 0.0 pips | 0.0 pips |
| Platforms | MT4, MT5 | MiTrade App, MiTrade WebTrader |
| Regulation | CySEC, FSA, IFSC | ASIC, CySEC, CIMA |
| Founded Older track record highlighted | 2012 | 2011 ✓ |
| Markets | 260+ | 400+ ✓ |
Fees & Costs
When it comes to trading costs, JustMarkets has the edge with a score of 7.5/10 versus 7.5/10 for MiTrade. JustMarkets offers spreads starting from 0.0 pips, while MiTrade starts from 0.0 pips. The minimum deposit at JustMarkets is $1, compared to $50 at MiTrade. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.
Trading Platforms
JustMarkets scores 7/10 for platforms compared to 7/10 for MiTrade. JustMarkets provides MT4, MT5, while MiTrade offers MiTrade App, MiTrade WebTrader. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.
Regulation & Safety
Regulation is crucial for fund safety. JustMarkets is regulated by CySEC, FSA, IFSC (Tier 1), while MiTrade holds licenses from ASIC, CySEC, CIMA (Tier 1). JustMarkets scores 7/10 and MiTrade scores 8/10 in this category. JustMarkets shows 3 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with. MiTrade shows 3 regulators in the shared broker dataset. Treat that as a brand-level trust signal, not proof of the exact legal entity you will onboard with. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, but you should still verify the specific entity covering your jurisdiction before opening an account.
Education & Research
For learning resources, JustMarkets leads with 6.5/10 compared to 6.5/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. JustMarkets and MiTrade both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.
Customer Support
JustMarkets offers 24/7 Live Chat, Email and scores 7.5/10, while MiTrade provides 24/5 Live Chat, Email with a score of 7/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.
Deposit & Withdrawal
JustMarkets scores 7.5/10 for deposits and withdrawals, while MiTrade scores 7.5/10. JustMarkets accepts Bank Transfer, Credit Card, Skrill, Neteller, Crypto, and MiTrade supports Bank Transfer, Credit Card, Skrill, Apple Pay, Google Pay. Processing times, fees, and available currencies vary. JustMarkets requires a minimum deposit of $1 versus $50 for MiTrade. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose JustMarkets if you...
- Responsive customer support matters to you
- You prefer a low minimum deposit ($1)
- You prefer JustMarkets's trading environment overall
Choose MiTrade if you...
- Top-tier regulation and fund safety are your priority
- You want access to a wider range of instruments
- You rely on in-depth research and analysis tools
🗳️ Which Broker Do You Prefer?
Cast your vote — see what other traders think
Routing after JustMarkets vs MiTrade
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Compare pages should hand people back to the full evidence pages for each broker.
Escalate to shortlist mode
If this head-to-head still feels too narrow, jump into a best page.
Pressure-test the trust layer
Regulator pages are the clean next step when the decision hinges on licensing strength.
Keep the compare graph alive
If neither broker is a fit, route into adjacent comparisons instead of dead-ending here.
Frequently Asked Questions
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