B

justforex

7.4/10
Xtrade logo

Xtrade

6.6/10
10/10WinnerRegulation8/10
0/10FeesWinner10/10
7/10PlatformsWinner9/10
6/10WinnerEducation & Research0/10
10/10WinnerDeposits & Withdrawals0/10
10/10SupportTied10/10

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Overview

justforex was founded in 2010 and is headquartered in UK, while Xtrade was established in 2003 and is based in Australia. justforex holds licences including Financial Conduct Authority (FCA), while Xtrade is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. justforex serves 1,000,000+ clients worldwide; Xtrade has 10,000+. The minimum deposit is $250 at justforex and $1 at Xtrade.

justforex wins this category
FeaturejustforexXtrade
Min. Deposit$250$1
RegulationFinancial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F265Cyprus Securities and Exchange Commission (CySEC)
Founded20102003
CountryUKAustralia
Clients1,000,000+10,000+

Fees

Fees are a critical factor when choosing between justforex and Xtrade, directly affecting your bottom line as a trader. Xtrade has a lower barrier to entry with a minimum deposit of $1 (vs $250 at justforex). justforex charges withdrawal fees while Xtrade does not, a notable advantage for frequent withdrawers. Xtrade charges deposit fees; justforex does not. Overall, Xtrade scores higher on fees in our assessment.

Xtrade wins this category
FeaturejustforexXtrade
Min. Deposit$250$1
Withdrawal FeesYesNo
Inactivity FeesNoNo
Deposit FeesNoYes
CFD FeesNoYes

Platforms

justforex offers MT5, cTrader, while Xtrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. justforex supports social and copy trading features, which Xtrade does not offer. Xtrade edges ahead on platform breadth and functionality in our scoring.

Xtrade wins this category
FeaturejustforexXtrade
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsNot available

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how justforex and Xtrade compare. justforex runs regular live webinars; Xtrade does not. justforex has a video library; Xtrade does not. justforex publishes daily market commentary; Xtrade does not. justforex integrates third-party research tools (Trading Central); Xtrade does not. justforex maintains an archive of past webinars for on-demand viewing. justforex scores higher overall in education and research.

justforex wins this category
FeaturejustforexXtrade
Forex EducationNoNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistNoNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. justforex uniquely supports bank transfer and credit/debit card and PayPal and Skrill and Neteller among the two brokers. justforex scores higher on deposit and withdrawal flexibility.

justforex wins this category
FeaturejustforexXtrade
Bank TransferYesNot available
Credit CardYesNot available
PayPalYesNot available
SkrillYesNot available
NetellerYesNot available

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both justforex and Xtrade offer live chat support. Both provide phone support. Email support is available at both brokers. justforex offers multilingual support. Both brokers are comparable on support quality.

Tied
FeaturejustforexXtrade
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and ArabicNot available