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JustMarkets vs NAGA
A field-by-field comparison based on the current BrokaBoy catalogue. Check current pricing and the regulated entity on each broker's website before deciding.
Some figures on this page are taken from broker-published information and have not yet been checked against current terms. Confirm details on the broker's website.
Last updated: 4 October 2026 · Reviewed by BrokaBoy Research Team
| Field | JustMarkets | NAGA |
|---|---|---|
| BrokaBoy score | 7.1/10 | 6.1/10 |
| Trustpilot rating | Trustpilot 3.6 (4,479 reviews) | Trustpilot 3.4 (4,098 reviews) |
| Listed minimum deposit | $10 | $250 |
| Advertised spread from | 0.3 pips | 1.0 pips |
| Advertised maximum leverage | Up to 1:3000 (entity dependent) | Up to 1:1000 (entity dependent) |
| Regulators | FSCA, FSA, CySEC, FSCM | CySEC, FSA, FSCA |
| Platforms | MetaTrader 4, MetaTrader 5, JustMarkets App | MetaTrader 4, MetaTrader 5, NAGA Web, NAGA App |
| Instruments | Forex, Commodities, Indices, Stocks, Crypto | Forex, Indices, Commodities, Stocks, Crypto |
| Account types | Standard Cent, Standard, Pro, Raw Spread | Standard, Premium, Crystal |
| Founded | 2012 | 2015 |
| Spread type | Variable; raw pricing on Pro and Raw Spread accounts | Variable |
| Commission | Around $3 per lot per side on Raw Spread; none on Standard and Cent | Varies by account type |
| Overnight / swap | Overnight swaps apply; swap-free accounts offered on selected instruments | Overnight swap charges apply on positions held past rollover. |
| Withdrawals | No broker withdrawal fee on most channels; processor charges can apply | Most withdrawal methods are free; third-party fees may apply. |
Key differences
- JustMarkets has a lower listed minimum deposit ($10 vs $250).
- JustMarkets has the higher BrokaBoy score (7.1/10 vs 6.1/10).
- Both brokers hold licences with FSCA, FSA, CySEC.
- Only JustMarkets lists JustMarkets App among its platforms.
- Only NAGA lists NAGA Web, NAGA App among its platforms.
Which should you choose?
- Choose JustMarkets if a lower listed opening deposit is your priority.
- Choose NAGA if you want the broader platform list shown in our catalogue (4 vs 3).
- Choose the broker whose regulated entity covers your country and provides the protections you need; confirm this on the regulator's register.
Frequently asked questions
Which has the lower minimum deposit, JustMarkets or NAGA?+
JustMarkets has the lower listed minimum deposit ($10 vs $250). Confirm current terms with each broker.
Are JustMarkets and NAGA regulated by the same authorities?+
They share FSCA, FSA, CySEC. JustMarkets lists FSCA, FSA, CySEC, FSCM; NAGA lists CySEC, FSA, FSCA in our catalogue.
Which has the higher BrokaBoy score?+
JustMarkets scores 7.1/10 against 6.1/10. The score is calculated from advertised catalogue data and excludes Trustpilot ratings.
Do JustMarkets and NAGA support the same platforms?+
Both list MetaTrader 4, MetaTrader 5. NAGA lists more platforms overall.
