RoboForex Vs. CMC Markets - Compare Trustworthiness, Capabilities, Fees and Legitimacy

RoboForex is an international broker established in 2009 which also owns the brand RoboMarkets and specialises on CFD trading over several asset classes.

CMC Markets is a global broker headquartered in the U.K that holds 6 high value financial licenses and offers CFD trading on stocks, etfs, commodities, currencies, bonds and cryptocurrencies.

• Intermediate and Professional traders looking for different account offerings
• Experienced traders looking for trading platform variety

• Professional high volume traders looking to offset the cost of commissions through larger trades
• Intermediate and professional traders looking for a professional custom platform with customisable layouts

• IFSC (International Financial Services Commission of Belize)

• ASIC (Australia)
• FCA (UK)
• IIROC (Canada)
• MAS (Singapore)
• BaFin (Germany)

• 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

• Comprehensive asset offering with more than 12,000+ tradable assets and the possibility to add data connections to exchanges to add more
• Powerful professional platform with customisable layouts and integrated reuters feed

• Weak regulatory framework (counting on 1 license from the IFSC)
• Doesn’t accept clients from the UK, EU and a few other countries

• High commissions on stocks and ETFs
• Platform is not beginner friendly

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• 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.

• 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.

• Visa
• Mastercard
• JCB
• AstroPay
• Skrill
• Neteller
• Perfect Money
• AdvCash
• NganLuong Wallet
• Bank transfers (SEPA, local and several options per country)

• Visa
• Mastercard
• Bank Transfer
• Paypal

US, CA, JP, AU, BQ, CW, TL, RU, GQ, FM, MP, SJ, SS, UK, European Union.

US, JP, SY, ZA, IR.

After 12 months of inactivity, CMC Markets charges a £10 inactivity fee.

Yes for some methods (eg: Some bank withdrawals can cost up to 1.5% of the amount).

Yes depending on account type (eg: for ECN accounts there are commissions up to $20).

Yes and they vary per share exchange location. For U.S shares, there is a minimum $10 in-and-out commission.