Compare Saxo Bank Vs JustMarkets: Which is the Better Forex Broker in 2024?
Saxo Bank Vs JustMarkets, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between Saxo Bank Vs JustMarkets, here is the direct comparison:
Compare | Saxo Bank | JustMarkets |
General Rating |
1.00/5 |
2.84/5 |
Score | ||
Trustpilot |
3.7/5 5545 users |
4.5/5 2416 users |
πΌ Regulation | ||
β Info | ||
β Established | 1992 | 2012 |
π² Min Deposit | $2000 | $1 |
β Max Leverage | 1:200 | 1:3000 |
π’ Spread | Fixed | Variable |
πΈ Commissions | ||
π‘ Min Position | 0.05 lot | 0.01 lot |
π³ Payment | Wire transfer and Credit/debit cards | Skrill, Credit/debit cards, Neteller, Perfect Money, Boleto BancΓ‘rio, Local bank transfer, FasaPay, Crypto, Litecoin, Ethereum, Crypto Cash, USD Coin (USDC) and Gemini dollar (GUSD) |
π’ Office(s) |
𧩠Demo Account | ||
π Segregated Account | ||
π Islamic Account | ||
π¨βπ» PAMM Account | ||
π Managed Account |
π± Hedging | ||
πΊπΈ US traders | ||
π Swaps |
π Trading contests | ||
β‘ Automated trading | ||
π° Bonus offers | ||
π Free education |
1οΈβ£ One-click trading | ||
β± Trailing stop | ||
β³ Pending orders |
Forex | ||
CFD | ||
Indexes | ||
Spread Betting | ||
Gold & Silver | ||
Crypto | ||
Stocks | ||
Oil | ||
Metals | ||
Energies | ||
Futures | ||
ETF | ||
Options | ||
Agriculture | ||
Commodities | ||
Stock | ||
Indices | ||
Etf | ||
Bonds | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
Silver | ||
Index | ||
Stocks 1:5 | ||
Physical Stock |
π£ Website Languages | Arabic, Czech, Danish, German, Greek, English, Finnish, French, Hungarian, Italian, Hebrew, Dutch, Norwegian, Polish, Romanian, Russian, Slovenian, Chinese | Arabic, Bengali/Bangla, English, Spanish, Persian, French, Hindi, Indonesian, Korean, Malay, Portuguese, Thai, Turkish, Urdu, Vietnamese, Chinese |
πͺ Trade Now | Open Saxo Bank | Open JustMarkets |
Compare Again
Testimonials
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Saxo Bank: Customer service simply does not exist. Forget them. They have...
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Saxo Bank: started the online application process but midway through i checked...
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Saxo Bank: They seriously need to learn how to communicate to new...
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Saxo Bank: After 2 years of being there as a trader and...
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Saxo Bank: Saxo says no withdrawal fee, but actually withdrawal has a...
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JustMarkets: they don;t let me withdraw
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JustMarkets: I got scammed by this broker
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JustMarkets: Support team is not very helpful. Always answer that they...
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JustMarkets: I once had a challenge with a withdrawal but my...
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JustMarkets: I have been using this broker for more than 4...
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See More Saxo Bank Testimonials
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See More JustMarkets Testimonials
News
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Saxo Bank Wins Prime of Prime Award at FX Markets Asia Awards 2024
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Win Your Share of $50,000 in JustMarkets Ramadan Trading Contest!
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Charlie White-Thomson Steps Down as UK CEO of Saxo Bank Forex Broker
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Saxo Bank Sees 23% Drop in FX Volume for January
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Take Part in JustMarkets Forex Broker Trading Triumph Contest
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Saxo Bank Implements Fee Reductions, Slashing Costs for Clients
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Saxo Bank Forex Broker Concludes 2023 with Impressive Trading Volumes
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Saxo Bank Forex Broker Unveils Saxo Options Talk Podcast
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JustMarkets Premieres Partner Loyalty Program, Rewards Clients with Luxurious Prizes
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See More Related Saxo Bank News
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See More Related JustMarkets News
Article
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How to Open Account in JustMarkets
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JustMarkets App: A Trader's Guide to Enhanced Trading Experience
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JustMarkets Deposit and Withdrawal Guide
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Earn USD50 from JustMarkets Referral Program
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120% Bonus Available from JustMarkets Deposit
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Get USD30 from JustMarkets Welcome Bonus
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Saxo Bank and Interactive Brokers: Which One is the Best?
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See More Related Saxo Bank Article
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See More Related JustMarkets Article
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- Comparison List
Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, Saxo Bank provides their pricing with Fixed spread while JustMarkets offers Variable spread.
Saxo Bank vs JustMarkets: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, Saxo Bank enables trading with SaxoTraderPRO (Limited with 20 days), SaxoWebTrader (Limited with 20 days), SaxoTraderGO (Limited with 20 days). The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, JustMarkets provides trading with MetaTrader 4, MetaTrader 5 with the support of One-click trading, Trailing stop, Pending orders.
Is Saxo Bank or JustMarkets better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, Saxo Bank supports trading with Forex, Gold & silver, CFD, Spread betting, Crypto, while JustMarkets presents the ability of trading with Forex, Gold & silver, Oil, Indexes, Metals, Crypto.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
Looking for more references? Here are other comparisons related to Saxo Bank and JustMarkets:
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- Compare Saxo Bank vs Orbex
- Compare Saxo Bank vs Axi
- Compare JustMarkets vs RoboForex
- Compare JustMarkets vs ADSS
- Compare JustMarkets vs InstaForex
For more comparisons, visit this page.