RoboForex Vs. RoboMarkets - Compare and Choose the Right One


Visit 74-89% of retail CFD accounts lose money.	Visit 64.77% 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.	Founded in 2012, RoboMarkets offers five different types of accounts, including its proprietary R Stock Trader and ProCents accounts, with access to 12,000 instruments. The different accounts offer different spreads and investment instruments.
Best For
Intermediate and Professional traders looking for different account offerings Experienced traders looking for trading platform variety	Traders interested in trading U.S. equities, ETFS with access to 3,000 stocks Traders looking for a mix of CFDs and stocks through R Stock Trader Traders seeking small investments through its ProCents account
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)	CySec (Cyprus)
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	Five different types of accounts for different types of investors, offers copy trading Access to 12,000+ investment instruments, including 3,000 U.S. stocks No inactivity or deposit fee Offers five base currencies, including GOLD, and remote VPS Server
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	Withdrawals fees (EG: 2.4% on Visa and Mastercard, 2% for PayPal) No integrated news feed on trading platforms Serves only European Union Markets Limited commodities to trade
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 documents (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	2012
💳 Minimum Deposit
$10	$, €, £ - 100
💰 Payment Methods
Visa Mastercard JCB AstroPay Skrill Neteller Perfect Money AdvCash NganLuong Wallet Bank transfers (SEPA, local and several options per country)	Visa Mastercard Skrill Neteller e-wallets PayPal Webmoney Fasapay Wire transfers
💵 Account Base Currencies
4 - USD, EUR, CNY, GOLD.	5 - EUR, USD, GBP, CHF, GOLD
🗽 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 (Available only for EU Citizens).
📊 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 commodities, stocks, etfs, currencies, indices and cryptocurrencies.
📙 Stocks
12,000+	12,000+
📘 Currency Pairs
40+	35+
📗 Commodities
100+	3
📕 Indices
50+	9
📔 ETFs
1,000+	1,000+
💸 Cryptocurrencies
16	14
📒 Bonds
N/A	N/A
📓 Options
N/A	N/A
📗 Futures
N/A	N/A
📝 Notes:
All of RoboForex’s assets are CFDs.	RoboMarkets offers a combination of real equities and CFDs depending on the account. Stock trading is offered on its R Stock Trader account.
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: 0.01 BTC)
📉 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)	0.01 Units
📉 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 1:500
✍ Customisable Leverage
Yes	No – it is defined during the registration process and can’t be changed
🎲 Deleveraged Trading
No	Yes, depending on the account
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
Yes	Yes
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
Yes	Yes
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	Yes
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)	Yes (Eg: Visa/Mastercard fee 2.4%, PayPal 2% and Netteller (1.9%)
💰 Commissions
Yes depending on account type (eg: for ECN accounts there are commissions up to $20).	Varies per product (Eg. ETF Pro $0.0045/share)
Spreads
📈 EUR/USD
Dynamic - From 0 Pips depending on account type, 1.4 Pips on Average	Dynamic - From 0.3 Pips
📉 SP500
Dynamic - Market Spread	Dynamic - From 40 Pips
📈 GOLD
Dynamic - From 17 Pips	Dynamic - From 25 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Average spread varies per account (Eg: 55 pips for Pro, 27 Pips for ECN)
📈 XLK (ETF - CFD)
Dynamic - Market Spread	N/A
📉 BTC
Dynamic - From $220	Dynamic - From $1 to $500
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No