RoboMarkets
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72.72% of retail CFD accounts lose money.

Vs.

CMC Markets
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78% of retail CFD accounts lose money.

RoboMarkets Vs. CMC Markets - Compare and Choose the Right One

Updated Jul 12 2022

Visit

72.72% of retail CFD accounts lose money.

Visit

78% of retail CFD accounts lose money.

Overview

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.

CMC Markets is a global broker headquartered in the U.K that holds 6 high value financial licenses and offers CFD trading on stocks, etfs, commodities, currencies, bonds and cryptocurrencies.

Best For
  • 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
  • Professional high volume traders looking to offset the cost of commissions through larger trades
  • Intermediate and professional traders looking for a professional custom platform with customisable layouts
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

5

Other Licenses

0

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • ASIC (Australia)
  • FCA (UK)
  • IIROC (Canada)
  • MAS (Singapore)
  • BaFin (Germany)
The Good
  • 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
  • Comprehensive asset offering with more than 12,000+ tradable assets and the possibility to add data connections to exchanges to add more
  • Powerful professional platform with customisable layouts and integrated reuters feed
The Bad
  • 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
  • High commissions on stocks and ETFs
  • Platform is not beginner friendly
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 documents (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
2012 1989
💳 Minimum Deposit
$, €, £ - 100 0
💰 Payment Methods
  • Visa
  • Mastercard
  • Skrill
  • Neteller e-wallets
  • PayPal
  • Webmoney
  • Fasapay
  • Wire transfers
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
💵 Account Base Currencies
5 - EUR, USD, GBP, CHF, GOLD 10 - AUD, GBP, CAD, EUR, NZD, NOK, PLN, SGD, SEK, USD.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, CA, SY (Available only for EU Citizens). US, JP, SY, ZA, IR.
📊 STP Account
Yes No
📊 DMA Account
No Yes
📊 ECN Account
Yes Yes
Assets
📚 Available Assets
  • Real stocks and ETFs
  • CFDs on commodities, stocks, etfs, currencies, indices and cryptocurrencies.

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

📙 Stocks
12,000+ 10,169
📘 Currency Pairs
35+ 330+
📗 Commodities
3 124
📕 Indices
9 95
📔 ETFs
1,000+ 1084
💸 Cryptocurrencies
14 18 (Not available in the U.K)
📒 Bonds
N/A 55
📓 Options
N/A N/A
📗 Futures
N/A

CFDs on commodities futures contracts with various expiration dates.

📝 Notes:

RoboMarkets offers a combination of real equities and CFDs depending on the account. Stock trading is offered on its R Stock Trader account.

N/A
Trading Experience
📈 Minimum Stock Trade Size
1 Share 1 Share
📉 Minimum ETFs Trade Size
1 ETF 1 ETF
📈 Minimum Crypto Trade Size
Varies per cryptocurrency (Eg: 0.01 BTC) Varies per cryptocurrency (eg: 0.01 BTC)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
0.01 Units 1 Contract
📉 Minimum Bonds Trade Size
N/A 1 Contract
📈 Minimum Futures Trade Size
N/A 1 Contract
📉 Minimum Options Trade Size
N/A N/A
💪 Retail Leverage
Up to 1:30 Up to 1:30
💪 Professional Leverage
Up to 1:500 Up to 1:500
✍ Customisable Leverage

No – it is defined during the registration process and can’t be changed

No
🎲 Deleveraged Trading
Yes, depending on the account No
🎓 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 Yes
👬 Copy Trading
Yes No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No Yes
🔨 Trailing Stop-loss
Yes Yes
Fees
💰 Inactivity Fee
No

After 12 months of inactivity, CMC Markets charges a £10 inactivity fee.

💰 Deposit Fees
No No
💰 Withdrawal Fees

Yes (Eg: Visa/Mastercard fee 2.4%, PayPal 2% and Netteller (1.9%)

No
💰 Commissions

Varies per product (Eg. ETF Pro $0.0045/share)

Yes and they vary per share exchange location. For U.S shares, there is a minimum $10 in-and-out commission. 

Spreads
📈 EUR/USD
Dynamic - From 0.3 Pips Dynamic - From 0.7 Pips
📉 SP500
Dynamic - From 40 Pips From 60 Pips
📈 GOLD
Dynamic - From 25 Pips From 30 Pips
📉 TSLA (Stock CFD)
Average spread varies per account (Eg: 55 pips for Pro, 27 Pips for ECN) Dynamic - Market Spread
📈 XLK (ETF - CFD)
N/A Dynamic - Market Spread
📉 BTC
Dynamic - From $1 to $500 N/A
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No Yes