RoboForex
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74-89% of retail CFD accounts lose money.

Vs.

eToro
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68% of retail CFD accounts lose money

RoboForex Vs. eToro - Compare and Choose the Right One

Updated Dec 14 2021

Visit

74-89% of retail CFD accounts lose money.

Visit

68% of retail CFD accounts lose money

Overview

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

eToro is an international broker specialised in social and copy trading that offers real stocks and cryptocurrencies along with CFDs on several asset classes.

Best For
  • Intermediate and Professional traders looking for different account offerings
  • Experienced traders looking for trading platform variety
  • New traders looking to use the copy trading feature
  • Experienced traders looking to monetise their skills by gaining followers
  • Passive investors looking to buy and hold shares with no commissions
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The Good
  • 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
  • Social and Copy trading capabilities
  • Trading real shares and cryptocurrencies
The Bad
  • Weak regulatory framework (counting on 1 license from the IFSC)
  • Doesn’t accept clients from the UK, EU and a few other countries
  • Copy Trading statistics are not clear enough
  • Lack of advanced order placement controls
Status
Operational Operational
Recent News
N/A N/A
Key Data
⌛ Account Opening Time
1 Day 1 day minimum (may take longer)
📋 Documents Required
  • 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.

🏛 Financial Regulators
  • IFSC (International Financial Services Commission of Belize)
  • CySec (Cyprus)
  • FCA (UK)
  • ASIC (Australia)
  • FSAS (Seychelles)
📍 Year Founded
2009 2007
💳 Minimum Deposit
$10 $50 up to 200
💰 Payment Methods
  • Visa
  • Mastercard
  • JCB
  • AstroPay
  • Skrill
  • Neteller
  • Perfect Money
  • AdvCash
  • NganLuong Wallet
  • Bank transfers (SEPA, local and several options per country)
  • Visa
  • Mastercard
  • Bank Transfer
  • Sofort
  • Neteller
  • Paypal
  • Skrill
💵 Account Base Currencies
4 - USD, EUR, CNY, GOLD. 1 - USD
🗽 Available to U.S Citizens
No Only for crypto Trading
❌ Restricted Countries

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

AF, AL, BS, BB, BY, BA, BW, BN, BI, KH, CA, TD, CD, CG, ET, FJ, GH, GN, GW, GY, IR, IQ, JM, JP, LA, LY, ML, MU, MN, ME, MM, NA, NI, KP, MK, PK, PW, WS, RS, SO, LK, SD, SY, TT, TN, TR, UG, VU, YE, ZM
📊 STP Account
Yes Yes
📊 DMA Account
No No
📊 ECN Account
Yes Yes
Assets
📚 Available Assets

CFDs on currencies, commodities, stocks, indices, ETFs and cryptocurrencies

  • Real stocks and ETFs
  • CFDs on stocks, ETFs, currencies, commodities, cryptocurrencies and indices
📙 Stocks
12,000+ 2,000+ Real Stocks / 2,000+ CFDs
📘 Currency Pairs
40+ 47
📗 Commodities
100+ 14
📕 Indices
50+ 13
📔 ETFs
1,000+ 145
💸 Cryptocurrencies
16 26
📒 Bonds
N/A N/A
📓 Options
N/A N/A
📗 Futures
N/A N/A
📝 Notes:
All of RoboForex’s assets are CFDs.

Real stocks are offered without leverage, all the rest of the assets are CFDs.

Trading Experience
📈 Minimum Stock Trade Size

Depends on each platform: from $1,000 (0.01 Lots) to $10,000 (0.1 Lots)

$50
📉 Minimum ETFs Trade Size

Depends on each platform: from $1,000 (0.01 Lots) to $10,000 (0.1 Lots)

$50
📈 Minimum Crypto Trade Size

Depends on each platform: from $1,000 (0.01 Lots) to $10,000 (0.1 Lots)

$25
📉 Minimum FX Trade Size

Depends on each platform: from $1,000 (0.01 Lots) to $10,000 (0.1 Lots)

$1,000
📈 Minimum Commodities Trade Size

Depends on each platform: from $1,000 (0.01 Lots) to $10,000 (0.1 Lots)

$1,000
📉 Minimum Bonds Trade Size
N/A N/A
📈 Minimum Futures Trade Size
N/A N/A
📉 Minimum Options Trade Size
N/A N/A
💪 Retail Leverage
Up to 1:2000 Up to 1:30
💪 Professional Leverage
N/A Varies
✍ Customisable Leverage
Yes No
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes No
📺 MetaTrader 5
Yes No
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
Yes Yes
👫 Social Trading
No Yes
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes Yes
Fees
💰 Inactivity Fee
No After 12 months of inactivity, a $10 monthly inactivity fee will be charged.
💰 Deposit Fees
No No
💰 Withdrawal Fees

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

$5
💰 Commissions

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

No
Spreads
📈 EUR/USD

Dynamic - From 0 Pips depending on account type, 1.4 Pips on Average

Dynamic - From 1 Pip
📉 SP500
Dynamic - Market Spread Dynamic - From 75 Pips
📈 GOLD
Dynamic - From 17 Pips Dynamic - From 45 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread Dynamic - From 0.09%
📈 XLK (ETF - CFD)
Dynamic - Market Spread Dynamic - From 0.09%
📉 BTC
Dynamic - From $220 Dynamic - From 0.75%
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No No

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