Robomarkets
Visit

72.72% of retail CFD accounts lose money.

Vs.

eToro
Visit

74% of retail CFD accounts lose money.

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

Updated Oct 20 2022

Visit

72.72% of retail CFD accounts lose money.

Visit

74% 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.

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
  • 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
  • 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
  • CySec (Cyprus)
  • CySec (Cyprus)
  • FCA (UK)
  • ASIC (Australia)
  • FSAS (Seychelles)
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
  • Social and Copy trading capabilities
  • Trading real shares and cryptocurrencies
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
  • 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
2012 2007
💳 Minimum Deposit Range
$100 From $50 to $200
💰 Payment Methods
  • Visa
  • Mastercard
  • Skrill
  • Neteller e-wallets
  • PayPal
  • Webmoney
  • Fasapay
  • Wire transfers
  • Visa
  • Mastercard
  • Bank Transfer
  • Sofort
  • Neteller
  • Paypal
  • Skrill
💵 Account Base Currencies
5 - EUR, USD, GBP, CHF, GOLD. 1 - USD.
🗽 Available to U.S Citizens
No Yes
❌ Restricted Countries

US, CA, SY (Available only for EU Citizens).

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
No Yes
📊 DMA Account
Yes Yes
📊 ECN Account
Yes No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
Hybrid Hybrid
Total Asset Offering
26,061 4,245
Exchange Access
0 0
📙 Real Stocks
12,000 2,000
📙 Stock CFDs
12,000 2,000
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
35 47
📗 Commodities
0 0
📗 Commodities CFDs
3 14
📕 Indices
0 0
📕 Indices CFDs
9 13
📔 ETFs
1,000 0
📔 ETFs CFDs
1,000 145
💸 Cryptocurrencies
14 0
💸 Cryptocurrency CFDs
0 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 Share $10
📉 Minimum ETFs Trade Size
1 ETF $10
📈 Minimum Crypto Trade Size
Varies per cryptocurrency (Eg: 0.01 BTC) $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
30 30
💪 Professional Leverage
500 Unavailable
✍ Customisable Leverage
No Yes
🎲 Deleveraged Trading
Yes Yes
🎓 Demo Account
No 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 (Eg: Visa/Mastercard fee 2.4%, PayPal 2% and Netteller (1.9%).

$5 flat fee.

💰 Commissions

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

No commissions on real stocks and ETFs

Spreads
📈 EUR/USD
Dynamic - From 0.3 Pips Dynamic - From 1 Pip
📉 SP500
Dynamic - From 40 Pips Dynamic - From 75 Pips
📈 GOLD
Dynamic - From 25 Pips Dynamic - From 45 Pips
📉 TSLA (Stock CFD)
Dynamic - From $0.25 to $0.55 Dynamic - From 0.09%
📈 XLK (ETF - CFD)
Unavailable Dynamic - From 0.09%
📉 BTC
Dynamic - From $100 to $500 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
Yes Yes
📡 Video Tutorials
No Yes
📡 Account Management
Yes No
📡 Webinars
No No