RoboForex Vs. Nextmarkets - Compare and Choose the Right One


Visit 74-89% of retail CFD accounts lose money.	Visit 52.55% 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.	Nextmarkets is a german broker founded in 2014 that specialises in commission free stocks and ETFs trading through their proprietary platform which offers an expert advisory service via live coaches that suggest their trading ideas.
Best For
Intermediate and Professional traders looking for different account offerings Experienced traders looking for trading platform variety	New investors and traders looking to explore their social and copy trading offering via live coaches New investors and traders looking for a simple and friendly mobile app for commission-free investing in stocks or equities
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 0 Other Licenses 1 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
IFSC (International Financial Services Commission of Belize)	MFSA (Malta Financial Services Authority)
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	Their “trading ideas” and “live coaches” offering is quite interesting and provides a lot of value for new traders Their proprietary platform is very simple and easy to use Their equities offering is completely commission-free
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	Asides from stocks and ETFs, their asset offering lacks variety Their web platform is completely impractical to use for professional trading They don’t let you enjoy your demo trading experience in peace, there is a constant pop-up asking you to fund your account at all times
Status
Operational	Operational
Recent News
N/A	N/A
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	2014
💳 Minimum Deposit
$10	0
💰 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
💵 Account Base Currencies
4 - USD, EUR, CNY, GOLD.	2 - EUR, GBP.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, JP, AU, BQ, CW, TL, RU, GQ, FM, MP, SJ, SS, UK, European Union.	US, CA, SY, IR.
📊 STP Account
Yes	No
📊 DMA Account
No	Yes
📊 ECN Account
Yes	No
Assets
📚 Available Assets
CFDs on currencies, commodities, stocks, indices, ETFs and cryptocurrencies	Real stocks and ETFs CFDs on stocks, ETFs, commodities, indices, currencies, bonds and cryptocurrencies.
📙 Stocks
12,000+	8,000+
📘 Currency Pairs
40+	22
📗 Commodities
100+	5
📕 Indices
50+	5
📔 ETFs
1,000+	1,000+
💸 Cryptocurrencies
16	4
📒 Bonds
N/A	1
📓 Options
N/A	N/A
📗 Futures
N/A	N/A
📝 Notes:
All of RoboForex’s assets are CFDs.	Nextmarkets provides both CFDs and real stocks or ETFs.
Trading Experience
📈 Minimum Stock Trade Size
Depends on each platform: from $1,000 (0.01 Lots) to $10,000 (0.1 Lots)	1 Share
📉 Minimum ETFs Trade Size
Depends on each platform: from $1,000 (0.01 Lots) to $10,000 (0.1 Lots)	1 ETF
📈 Minimum Crypto Trade Size
Depends on each platform: from $1,000 (0.01 Lots) to $10,000 (0.1 Lots)	Varies per Cryptocurrency (eg: 0.1 BTC with leverage 1:2)
📉 Minimum FX Trade Size
Depends on each platform: from $1,000 (0.01 Lots) to $10,000 (0.1 Lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Depends on each platform: from $1,000 (0.01 Lots) to $10,000 (0.1 Lots)	Varies per commodity (eg: 1 contract of Gold - 1 trojan ounce)
📉 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	Up to 1:100
✍ Customisable Leverage
Yes	No
🎲 Deleveraged Trading
No	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
Yes	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	No
👬 Copy Trading
Yes	Yes
👫 Social Trading
No	Yes
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	No
Fees
💰 Inactivity Fee
No	No
💰 Deposit Fees
No	No
💰 Withdrawal Fees
Yes for some methods (eg: Some bank withdrawals can cost up to 1.5% of the amount)	No
💰 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 0.6 Pips
📉 SP500
Dynamic - Market Spread	Dynamic - From 50 Pips
📈 GOLD
Dynamic - From 17 Pips	Dynamic - From 40 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - From $2
📈 XLK (ETF - CFD)
Dynamic - Market Spread	Dynamic - From $0.1 to 0.3
📉 BTC
Dynamic - From $220	Dynamic - From $125
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	No
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No