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Side-by-Side Comparison Independent Updated Oct 17, 2026

JustMarkets vs Phemex 2026: Which Broker is Better?

Compare JustMarkets and Phemex side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

JustMarkets

Phemex

JustMarketsPhemex
BrokerRank Score3.1/53.1/5 ✓
Min. Deposit$1$0 ✓
Spread from0 pips0 pips
Max Leverage1:3000 ✓1:100
RegulationCySEC ✓—
PlatformsMT4, MT5Proprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
PhemexJustMarkets
Best for Low Fees
JustMarketsPhemex
Best for Regulation
JustMarketsPhemex
Quick Answer

JustMarkets (3.1/5) and Phemex (3.1/5) are closely matched. JustMarkets has lower spreads; the better pick depends on your priorities.

See full side-by-side comparison below

JustMarkets vs Phemex: Key Differences

Feature

JustMarkets

Phemex

Winner
Our Rating
3.1 / 5
3.1 / 5
Min. Deposit
$1
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$3/lot
$0.01/lot
Regulated By
—
Platforms
MT4, MT5
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Indices, Commodities, Crypto
Crypto
Founded
2012
2019
Headquarters
Limassol, Cyprus
Singapore
Score
1 / 3
2 / 3

Fees Comparison

Fee

JustMarkets

Phemex

Lower fees
Spread From
0 pips
0 pips
Commission
$3/lot
$0.01/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

JustMarkets scores 3.10/5 while Phemex scores 3.11/5 in our independent rating.

Phemex edges ahead overall, but JustMarkets may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.

Who Should Choose Which?

JustMarkets

JustMarkets

3.1/5

Choose JustMarkets if you want…

  • Higher leverage (up to 1:3000)
  • More regulatory licences (1)
  • More market types (5)
  • More established (est. 2012)
Phemex

Phemex

3.1/5

Top pick

Choose Phemex if you want…

  • No minimum deposit

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We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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80% of retail CFD accounts lose money.

Both JustMarkets & Phemex are available in

Frequently Asked Questions

1

Is JustMarkets better than Phemex?

JustMarkets (3.1/5) and Phemex (3.1/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.

2

Which has lower fees, JustMarkets or Phemex?

JustMarkets offers spreads from 0 pips, while Phemex starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for JustMarkets vs Phemex?

JustMarkets requires a minimum deposit of $1. Phemex requires $0.

4

Which broker is safer, JustMarkets or Phemex?

JustMarkets is regulated by CySEC, while Phemex holds licences from unknown regulators.

5

What trading platforms do JustMarkets and Phemex support?

JustMarkets supports MT4, MT5. Phemex supports Proprietary Web, Proprietary Mobile.

6

Can I use both JustMarkets and Phemex?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

Key Trading Terms

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BrokerRank Research

Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.

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