RoboForex Vs. Trading 212 - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 74-89% of retail CFD accounts lose money.	Visit Majority 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.	Trading 212 is a global broker headquartered in the U.K specialising in real stocks and ETFs investing along with CFD trading.
Best For
Intermediate and Professional traders looking for different account offerings Experienced traders looking for trading platform variety	Passive investors looking to buy stocks or ETFs with their investing account Traders of all levels of experience looking to trade CFDs on shares
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 1 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
IFSC (International Financial Services Commission of Belize)	FCA (UK) CySec (Cyprus) FSC (Bulgaria)
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	Broad asset offering in their investing account (more than 10,000 assets) Friendly, smooth and simple proprietary platforms (both web and mobile) Great spreads on stocks and no commissions on investing accounts
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	Despite both platforms being beautiful, they are gamified for engagement. Clicking on the buy button on mobile platform will trigger a random order without asking for confirmation Asides from stocks, their asset offering lacks variety Very high forex spreads (1.4 Pips on EUR/USD)
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	2004
💳 Minimum Deposit Range
$10	From $1 to $10
💰 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 Paypal Neteller Skrill iDeal Apple Pay
💵 Account Base Currencies
4 - USD, EUR, CNY, GOLD.	9 - USD, EUR, GBP, RON, PLN, CHF, SEK, NOK, CZK.
🗽 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.
📊 STP Account
Yes	No
📊 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	13,615
Exchange Access
0	0
📙 Real Stocks
0	10,000
📙 Stock CFDs
12,000	1,526
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
40	179
📗 Commodities
0	0
📗 Commodities CFDs
100	25
📕 Indices
0	0
📕 Indices CFDs
50	35
📔 ETFs
0	1,800
📔 ETFs CFDs
1,000	50
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
16	0
📒 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)	Variable - Fractions Allowed
📉 Minimum ETFs Trade Size
$1,000 (0.01 Lots)	Variable - Fractions Allowed
📈 Minimum Crypto Trade Size
$1,000 (0.01 Lots)	Unavailable
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$500 (0.005 Lots)
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots)	Varies by Commodity (Eg: 0.01 Troy ounce of Gold)
📉 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	500
✍ 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
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
Yes	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
None	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
Yes for some methods (eg: Some bank withdrawals can cost up to 1.5% of the amount).	None
💰 Commissions
Yes depending on account type (eg: for ECN accounts there are commissions up to $20).	None
Spreads
📈 EUR/USD
Dynamic - From 0 to 1.4 Pips	Dynamic - From 1.4 Pips
📉 SP500
Dynamic - Market Spread	Dynamic - From 166 Pips
📈 GOLD
Dynamic - From 17 Pips	Dynamic - From 30 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - From $0.6
📈 XLK (ETF - CFD)
Dynamic - Market Spread	Unavailable
📉 BTC
Dynamic - From $220	Unavailable
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No
📡 Educational Content
No	Yes
📡 Live Chat Support
No	No
📡 Video Tutorials
No	Yes
📡 Account Management
No	No
📡 Webinars
No	No