RoboForex Vs. eToro - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 74-89% of retail CFD accounts lose money.	Visit 74% 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
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 0 Other Licenses 1 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 2 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
IFSC (International Financial Services Commission of Belize)	CySec (Cyprus) FCA (UK) ASIC (Australia) FSAS (Seychelles)
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
No fresh news at the moment. Check again soon!	No fresh news at the moment. Check again soon!
Key Data
⌛ Account Opening Time
1 day	1 day
📋 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.
📍 Year Founded
2009	2007
💳 Minimum Deposit Range
$10	From $50 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	Yes
❌ 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	Yes
📊 ECN Account
Yes	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	Hybrid
Total Asset Offering
13,206	4,245
Exchange Access
0	0
📙 Real Stocks
0	2,000
📙 Stock CFDs
12,000	2,000
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
40	47
📗 Commodities
0	0
📗 Commodities CFDs
100	14
📕 Indices
0	0
📕 Indices CFDs
50	13
📔 ETFs
0	0
📔 ETFs CFDs
1,000	145
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
16	26
📒 Bonds
0	0
📒 Bonds CFDs
0	0
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
$1,000 (0.01 Lots)	$10
📉 Minimum ETFs Trade Size
$1,000 (0.01 Lots)	$10
📈 Minimum Crypto Trade Size
$1,000 (0.01 Lots)	$10
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots)	$1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
2000	30
💪 Professional Leverage
Unavailable	Unavailable
✍ Customisable Leverage
Yes	Yes
🎲 Deleveraged Trading
No	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	No
📺 MetaTrader 5
Yes	No
📺 cTrader
No	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
None	After 12 months of inactivity, a $10 monthly inactivity fee will be charged.
💰 Deposit Fees
None	Conversion fees apply.
💰 Withdrawal Fees
Yes for some methods (eg: Some bank withdrawals can cost up to 1.5% of the amount).	$5 flat fee.
💰 Commissions
Yes depending on account type (eg: for ECN accounts there are commissions up to $20).	No commissions on real stocks and ETFs
Spreads
📈 EUR/USD
Dynamic - From 0 to 1.4 Pips	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	Fixed - 1%
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	Yes
📡 Reuters Feed
No	No
📡 Educational Content
No	Yes
📡 Live Chat Support
No	Yes
📡 Video Tutorials
No	Yes
📡 Account Management
No	No
📡 Webinars
No	No