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JustMarkets vs Exness: Entities, Accounts and Costs Compared

JustMarkets vs Exness: both start at $10 on MT4/MT5, but entities, raw-account commission, platforms and country restrictions differ.

3 min read

Reviewed by · Senior SEO Editor

Reviewed using our forex & CFD broker review methodology

Verified 2026 Specs — JustMarkets Checked
$10
Min. deposit
MT4 + MT5
Platforms
4
Account types
60+
Forex pairs
JustMarkets vs Exness: Entities, Accounts and Costs Compared — cover image

JustMarkets and Exness look alike on paper. Both are multi-entity offshore brokers with a $10 Standard entry, MT4 and MT5, a cent account, and raw-spread accounts with commission. The differences that matter are which entity onboards you (Exness has a CMA-licensed Kenyan entity, for example; JustMarkets has a CySEC EU entity and a South African FSCA entity), platform choice (Exness adds its own web terminal and app), raw-account pricing, and where each is restricted or flagged. Neither is available in the US or UK. JustMarkets also lists India as restricted, and Malaysia's SC lists JustMarkets on its Investor Alert List.

Side by Side

JustMarkets Exness
Entities (published) FSA Seychelles SD088; FSC Mauritius GB22200881; FSC BVI SIBA/L/24/1177; FSCA FSP 51114; CySEC 401/21 (EU) FSA Seychelles SD025; CBCS Curaçao; FSC BVI; FSC Belize; FSC Mauritius; CMA Kenya 162; others by region
Entry accounts Standard Cent & Standard: $10 Standard (incl. Cent): from $10, varies by region
Professional accounts Pro & Raw Spread: $200 Pro, Zero, Raw Spread: from $200 (region-dependent)
Raw-account commission Raw Spread: $3 per side per lot Raw Spread: up to $3.50 per side; Zero: from $0.05 per side
Standard spread (from) 0.3 pips 0.2 pips
Max leverage (offshore) Up to 1:3000 "Unlimited" on eligible conditions
Platforms MT4, MT5, JustMarkets app (MT5 trading only) MT4, MT5, Exness Terminal, Exness Trade app
Swap-free Standard and Extended levels Swap-free status across Personal Area
Restricted (examples) US, UK, Canada, Australia, Japan, India US, Canada, UK, EU, Russia, others
Regulator warnings we found SC Malaysia Investor Alert List; RBI Alert List (India) RBI Alert List (India); SC lists Exness clone channels

JustMarkets terms checked 2026-10-01 on justmarkets.com. Exness terms from our Exness review (2026-08-29). Both change by entity.

JustMarkets vs Exness: Entities, Accounts and Costs Compared — Forex broker Raw ECN vs Standard STP spread and execution cost breakdown
All-in trading cost comparison (spread + commission per standard lot) and execution model breakdown for JustMarkets vs Exness: Entities, Accounts and Costs Compared.

Where Each Fits

Exness may fit better if you're in Kenya and want the CMA-licensed local entity with M-Pesa (see Exness Kenya), you want a proprietary web terminal, or you trade high volume on the Zero account.

JustMarkets may fit better if you want a straightforward four-account line-up with a $3-per-side raw account, or you're in the EU and want the CySEC entity (with a €100 minimum and EU leverage caps).

Neither is a good fit if you need a tier-1 local regulator where you live (for example the FCA or ASIC), or you're in a country where the broker is restricted or flagged.

Cost Comparison in Practice

On raw accounts the published commissions are close: $3 vs up to $3.50 per side, before spread. The spread you actually get on your pairs and at your trading hours will decide which is cheaper. Open demo accounts at both, record average spreads on EURUSD and XAUUSD over a week, and add the commission to each.

Before Choosing

  1. Run each broker's registration up to the point where it shows the legal entity for your country.
  2. Check that entity on the regulator's register, and check your local regulator's warning list.
  3. Make a small deposit and withdrawal with the method you plan to use.

Detailed pages: JustMarkets review, JustMarkets minimum deposit, Exness review.

Official sources: JustMarkets official site (justmarkets.com) · Exness regulation page (exness.com).

JustMarkets vs Exness: Your Questions Answered

Which is cheaper, JustMarkets or Exness?

Published raw-account commissions are close ($3 vs up to $3.50 per side). The spread you get on your pairs decides it — compare on demo.

Is JustMarkets regulated?

JustMarkets publishes entities under FSA Seychelles, FSC Mauritius, FSC BVI, FSCA (South Africa) and CySEC (EU). Your protections depend on which one onboards you.

Are JustMarkets and Exness available in India?

Both appear on the RBI Alert List, and JustMarkets lists India as a restricted jurisdiction.

Sources: justmarkets.com regulations, account and deposit pages (2026-10-01); our Exness review (2026-08-29) citing Exness's official disclosures; exness.ke; SC Malaysia and RBI alert lists (2026-10-01). No live accounts were tested. CFDs carry a high risk of losing money rapidly due to leverage.

Sources & verification

Last checked
Written by
HNL Growth Team
Reviewed by
Hà Ngọc Lộc
Length
3 min read

Rules, prices and payout terms on this page were checked against the official websites, help-centre articles and published terms of the firms mentioned, on the date above. Prop firms and brokers change conditions often — confirm the current version on the official site before you buy or deposit. Read our broker review methodology and affiliate disclosure.

Official sources & documentation verified

  • JustMarkets official site(justmarkets.com)
  • Exness regulation page(exness.com)

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Head-to-Head Comparison

Check Each Broker for Your Country

Listed in no particular order. Each broker onboards you through a different legal entity depending on where you live — confirm the entity, its regulator, leverage cap and withdrawal terms before funding.

JustMarkets

$10 Standard/Cent · MT4/MT5 · offshore + CySEC entities

Cent, Standard, Pro & Raw Spread
Raw Spread: $3/side commission
Restricted in several countries

Exness

Standard from $10 · MT4/MT5 + Exness Terminal · entity varies by country

Standard, Pro, Zero & Raw Spread accounts
Swap-free status subject to eligibility
Check your onboarding entity first

Risk disclaimer: CFDs and leveraged forex are complex instruments and carry a high risk of losing money rapidly. Protections, leverage and available products depend on the entity that holds your account. Affiliate disclosure: HNL Growth may earn a commission when you open an account through broker links on this page.