Compare forex brokers eToro VS Justforex

If you're choosing between eToro and Justforex forex brokers, we've compared hundreds of data points side-by-side to make finding the right broker for you easier. Is eToro better than Justforex? After assessing the two forex brokers on nearly 50 different variables, we would be able to get into an informed conclusion.

ETORO VS JUSTFOREX

eToro
eToro Overview

eToro is an online trading platform that was founded in 2007. eToro is the pioneering online broker for social trading. They also offer self trading. They are regulated by FCA, CySEC and ASIC.

JustForex
JustForex Overview

The JustForex brand operates from Belize and the islands of St. Vincent and Grenadines. Following its launch in 2012, JustForex continues to target traders globally. With offshore locations outside Europe, JustForex brings high-leverage, low spread FX brokerage services.

# Broker's Features ETORO Availability JUSTFOREX Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare eToro vs Justforex.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. eToro offers Online Financial Trading and Investment Services Such as Bitcoin, while Justforex offers metals, Cryptocurrencycurrency.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. eToro is Market Maker, No dealing desk, STP, while Justforex is STP, ECN.

Minimum Deposit Requirement: To compare these two FX brokers, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. eToro recommended minimum capital is 50, while Justforex has a Minimum Deposit Requirement of .

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. eToro is regulated by NFA, CySEC, ASIC, CFTC, MiFID, FCA, while Justforex regulated by IFSC. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Account currencies: Next lets consider the Account currencies each broker offers. eToro offers EUR, USD, GBP, JPY, CHF different account currencies for each account types, while Justforex offers USD, EUR, MYR, IDR, THB, VND, KWD, CNY, USC account currencies.

Languages Available: Next lets have a look at each broker's different Language options. eToro offers English, French, Spanish, German, Russian, Italian, while Justforex offers English, Indonesian, Malaysian, Chinese, Thai, Vie Customer Support Languages.

Payment methods: Next lets have a look at each broker's payment options. eToro offers Credit/Debit Cards, PayPal, Bank Wire Transfer, Bitcoin different payment methods for each account types, while Justforex offers Visa/Mastercard, Skrill, Neteller, Bank Wire Transfer, Perfect Money, FasaPay, Local Malaysian Banks, Local Indonesian Banks payment methods.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, eToro makes eToro webTrader, etoro Openbook, eToro Mobile Trad available to clients, while Justforex offers MT4 PC/iOS/Android, WebTrader.

The Verdict: eToro or Justforex?

There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.

Objectively, Justforex is more reliable based on our criteria above. Only Justforex Offers the MetaTrader Platform. MetaTrader platform is a comprehensive trading platform that is often touted as being the best for forex trading. A popular, versatile and unique tool. Justforex offers a wider range of platforms making it easier for the traders to choose one that matches their needs most. Justforex offers a wider range of Account currencies. Why does base currencies matter? Because if you fund your account in the same currency as your bank account, currency conversion fees won't be charged. Only Justforex provides training and education resources which is extremely critical to beginner traders who may not be familiar with most of what goes on in the Forex markets.

What We Don’t Like on eToro

eToro has an unreliable customer service, and its trading platform freezes sometimes. Also, education tools are very limited.

Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.

Are you Satisfied with what They Offer?