ETX Capital Vs. RoboForex - Compare and Choose the Right One


Visit 72.54% of retail CFD accounts lose money.	Visit 74-89% of retail CFD accounts lose money.
Overview
Founded in 1965, ETX Capital offers 60 currency pairs and a wide selection of equities for the beginning and experienced investors with no deposit and withdrawal fees.	RoboForex is an international broker established in 2009 which also owns the brand RoboMarkets and specialises on CFD trading over several asset classes.
Best For
Forex traders for variety of currencies and high net worth equities Traders seeking commission free equities inside their 250 commission-less selection Traders who want to trade commodity futures and bonds	Intermediate and Professional traders looking for different account offerings Experienced traders looking for trading platform variety
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 1 Other Licenses 2 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 0 Other Licenses 1 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
FCA (UK) FSCA (South Africa) CySec (Cyprus)	IFSC (International Financial Services Commission of Belize)
The Good
Commission-free trades for 250 equities Low minimum deposit to open standard account (100£) Wide selection of commodity futures and bonds Decent educational material for market research, including seminars on indices, commodities and currencies	Comprehensive asset offering with more than 13,000+ instruments Great platform variety (MT4, MT5, cTrader and their own proprietary platforms) Custom account types with spreads from 0 pips
The Bad
Doesn’t provide live news feed on standard account No ability to purchase real stocks or ETFs (All assets are CFDs) Expensive commissions on shares (Eg minimum $15 on US shares, 10 € on EU shares)	Weak regulatory framework (counting on 1 license from the IFSC) Doesn’t accept clients from the UK, EU and a few other countries
Status
Operational	Operational
Recent News
N/A	N/A
Key Data
⌛ Account Opening Time
1 Day	1 Day
📋 Documents Required
Valid identity documents (Passport, ID card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder’s name.	Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.
📍 Year Founded
1965	2009
💳 Minimum Deposit
$, €, £ - 100 (Standard) and 10,000 (Premium)	$10
💰 Payment Methods
Visa Mastercard Maestro Skrill UnionPay Bank Transfer	Visa Mastercard JCB AstroPay Skrill Neteller Perfect Money AdvCash NganLuong Wallet Bank transfers (SEPA, local and several options per country)
💵 Account Base Currencies
3 - EUR, USD, GBP	4 - USD, EUR, CNY, GOLD.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, BE, CN, SG, CH	US, CA, JP, AU, BQ, CW, TL, RU, GQ, FM, MP, SJ, SS, UK, European Union.
📊 STP Account
No	Yes
📊 DMA Account
No	No
📊 ECN Account
No	Yes
Assets
📚 Available Assets
CFDs on currencies, bonds, indices, shares, ETFs, commodities and cryptocurrencies.	CFDs on currencies, commodities, stocks, indices, ETFs and cryptocurrencies
📙 Stocks
5,000 CFDs (250 are commission free)	12,000+
📘 Currency Pairs
60	40+
📗 Commodities
17	100+
📕 Indices
20	50+
📔 ETFs
19	1,000+
💸 Cryptocurrencies
5	16
📒 Bonds
8	N/A
📓 Options
N/A	N/A
📗 Futures
45	N/A
📝 Notes:
ETX Capital offers CFDs, spread betting and futures.	All of RoboForex’s assets are CFDs.
Trading Experience
📈 Minimum Stock Trade Size
1 Share	Depends on each platform: from $1,000 (0.01 Lots) to $10,000 (0.1 Lots)
📉 Minimum ETFs Trade Size
1 ETF	Depends on each platform: from $1,000 (0.01 Lots) to $10,000 (0.1 Lots)
📈 Minimum Crypto Trade Size
Varies by Cryptocurrency (Eg: 0.01 BTC)	Depends on each platform: from $1,000 (0.01 Lots) to $10,000 (0.1 Lots)
📉 Minimum FX Trade Size
$1,000 (0.01 lots)	Depends on each platform: from $1,000 (0.01 Lots) to $10,000 (0.1 Lots)
📈 Minimum Commodities Trade Size
Varies per commodity (Eg 0.1 for WTI, 1 for Cotton)	Depends on each platform: from $1,000 (0.01 Lots) to $10,000 (0.1 Lots)
📉 Minimum Bonds Trade Size
1 unit	N/A
📈 Minimum Futures Trade Size
Varies per futures contract (Eg: 0.1 Copper, 1 for Bonds)	N/A
📉 Minimum Options Trade Size
N/A	N/A
💪 Retail Leverage
Up to 1:30	Up to 1:2000
💪 Professional Leverage
Up to 1:500	N/A
✍ Customisable Leverage
No	Yes
🎲 Deleveraged Trading
No	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
No	Yes
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
Yes	Yes
👫 Social Trading
Yes	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
No	No
💰 Deposit Fees
No	No
💰 Withdrawal Fees
No	Yes for some methods (eg: Some bank withdrawals can cost up to 1.5% of the amount)
💰 Commissions
Yes, depending on asset class. (Eg: U.S shares have a 2 cents per share charge with a minimum of $15 per order, European shares have a 0.1% of transaction value charge with a minimum 10 € charge)	Yes depending on account type (eg: for ECN accounts there are commissions up to $20).
Spreads
📈 EUR/USD
Dynamic - From 0.6 Pips	Dynamic - From 0 Pips depending on account type, 1.4 Pips on Average
📉 SP500
Dynamic - From 60 Pips	Dynamic - Market Spread
📈 GOLD
Dynamic - From 60 Pips	Dynamic - From 17 Pips
📉 TSLA (Stock CFD)
Dynamic - From $13	Dynamic - Market Spread
📈 XLK (ETF - CFD)
N/A	Dynamic - Market Spread
📉 BTC
Dynamic - Eg. $226.4	Dynamic - From $220
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
No	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No