JustMarkets Raw Spread vs Pro vs Standard: When Is It Actually Worth Using?

Among JustMarkets‘ four account types, Raw Spread is the most clearly positioned product for a specific type of client: high-frequency gold traders and scalpers who need raw spreads near 0.0 pips. But a low spread figure alone doesn’t tell the whole cost story. This article puts Raw Spread side by side with Pro and Standard across specific criteria, so you can see exactly when Raw Spread is genuinely worth using and when it’s just an attractive number on paper.

Criterion 1: Minimum deposit

Raw Spread: $200 — the highest entry threshold among the three accounts compared.
Pro: $200 — equal to Raw Spread.
Standard: $10 — significantly lower, far more accessible for beginners.

On this criterion, Raw Spread and Pro are tied, both requiring 20x the starting capital of Standard. This is the first barrier: if your trading budget is under $200, Raw Spread simply isn’t a fit yet, no matter how attractive the spread is.

Criterion 2: Real spread on EUR/USD

Raw Spread: around 0.0-0.10 pips under the best liquidity conditions.
Pro: around 0.1-0.15 pips.
Standard: around 0.3 pips or higher.

Raw Spread clearly wins on this criterion — a difference of 0.1-0.2 pips versus Pro and 0.2-0.3 pips versus Standard sounds small, but at high trading volume that difference accumulates into a meaningful amount over time. That said, note that “0.0 pips” only shows up under optimal liquidity conditions (typically during the London/New York overlap) — outside those hours, Raw Spread’s spread can widen and the gap with Pro narrows considerably.

Criterion 3: Commission structure

Raw Spread: a fixed per-lot commission on top of the low spread.
Pro: no commission, cost is built into the spread.
Standard: no commission.

This is the most important structural difference. Raw Spread is the only one of the three with a separate commission — meaning the real total cost per trade isn’t just the spread, but the spread plus a fixed commission. For low-volume traders, paying that extra commission can make Raw Spread’s total cost higher than Pro’s, even with a lower nominal spread — this is exactly the “trap” many new traders don’t calculate carefully before choosing an account.

Criterion 4: Which trading style fits best

Raw Spread: optimal for scalping, high-frequency gold trading, and high-volume algorithmic trading — where the low-spread advantage outweighs the added commission cost.
Pro: suits intermediate traders who want good spreads without having to manage a separate commission, simplifying profit/loss calculation.
Standard: suits beginners or infrequent traders, where simplicity matters more than optimizing every fraction of a percent of cost.

Criterion 5: Swap-free for gold

All three account types can be granted a swap-free option for gold trading (XAU/USD) depending on JustMarkets’ specific conditions at the time you register — this isn’t an exclusive advantage limited to Raw Spread. However, because Raw Spread is specifically positioned for high-frequency gold trading, combining a low spread with swap-free eligibility (if qualified) creates a clearer double cost advantage than applying the same policy on Standard or Pro, where the baseline spread is already higher.

Criterion 6: Gold (XAU/USD) spreads — Raw Spread’s real strength

Raw Spread: gold spreads are usually advertised as the most competitive of the three accounts, matching JustMarkets’ actual positioning as a “gold scalper’s account.”
Pro: gold spreads are meaningfully wider than Raw Spread, though still lower than Standard.
Standard: gold spreads are usually the widest of the three, less suited to high-frequency gold strategies.

Gold moves far more than major currency pairs, so the spread gap between account types when trading gold usually has a much bigger financial impact than the same gap would on EUR/USD. This is the core reason Raw Spread becomes an almost default choice for anyone trading gold frequently at JustMarkets, regardless of their trading style on other instruments.

Criterion 7: Execution speed and slippage

By technical structure, Raw Spread accounts are typically connected more directly to raw liquidity (the raw price from the liquidity provider, without an added markup layer), which in theory means faster execution and less slippage under normal market conditions compared with Standard. However, during extremely volatile moments (NFP releases, rate decisions), all three account types can experience slippage — none is fully immune to it, since this is a characteristic of the market itself, not a defect unique to any one account type.

Frequently asked questions when comparing account types

Can you open all three account types at once? Yes — JustMarkets allows multiple accounts of different types under one verified profile without repeating KYC. Many traders in practice run Pro and Raw Spread side by side to directly compare cost on their own strategy before committing all their capital to one type.

When is the Raw Spread commission charged — on opening or closing a trade? The exact method (one-way or round-turn) can change over time and should be confirmed directly on the fee schedule shown inside your own trading platform, since this detail can be updated and isn’t always immediately reflected in aggregated review articles.

Should beginners skip Standard and go straight to Raw Spread? No. While Raw Spread has attractive spreads, its separate commission structure requires users who are already comfortable calculating total trading cost. Beginners should start with Standard or Standard Cent to get familiar with the platform and trading psychology first, then move to Raw Spread once trading volume is high enough to genuinely benefit from that cost structure.

A concrete cost calculation example

Suppose you trade 5 lots of EUR/USD in one session, holding intraday:

• Raw Spread: average spread ~0.05 pips (~$2.5 for 5 lots) + a fixed commission (depending on the rate published at the time of trading, typically a few dollars per lot) — total cost depends heavily on the exact commission rate in effect.
• Pro: average spread ~0.12 pips (~$6 for 5 lots), no extra commission.
• Standard: average spread ~0.35 pips (~$17.5 for 5 lots), no extra commission.

At 5 lots, Raw Spread and Pro usually produce fairly similar total costs — the real gap becomes more pronounced once volume scales into the tens of lots per session, where the spread savings from Raw Spread start to outweigh the added fixed commission.

How withdrawal frequency affects the account choice

A factor rarely mentioned but worth considering: scalpers and high-frequency gold traders tend to withdraw profit more often (weekly or even daily) than long-term position traders. Since JustMarkets doesn’t charge a direct withdrawal fee for most methods, frequent withdrawals don’t add extra cost from the broker’s side — but if you withdraw via bank transfer repeatedly, processing fees from intermediary banks (outside JustMarkets’ control) can accumulate significantly over time. For a trading style tied to Raw Spread, prioritizing e-wallets or crypto for frequent withdrawals is usually more cost-efficient overall than traditional bank transfer.

So when should you choose Raw Spread?

Based on the full comparison above, Raw Spread at JustMarkets is a sensible choice when all three of these conditions are met: (1) you have the $200 minimum capital to open the account, (2) your trading volume is high enough (typically several lots or more per session) that the spread savings outweigh the commission paid, and (3) your trading style is scalping or high-frequency trading, where every tenth of a pip matters. If any of these three conditions isn’t met, Pro or Standard is usually the more practical choice on total cost.

Forex and CFD trading involves leverage and carries a high risk of capital loss. The fee and spread figures in this article are illustrative and for reference at the time of writing and may change — always check the latest official fee schedule before trading. This is not investment advice. Learn more at FXM680’s Forex Academy.