RoboMarkets
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72.72% of retail CFD accounts lose money.

Vs.

ETX Capital
Visit

73.85% of retail CFD accounts lose money.

RoboMarkets Vs. ETX Capital - Compare and Choose the Right One

Updated Jul 12 2022

Visit

72.72% of retail CFD accounts lose money.

Visit

73.85% 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.

Founded in 1965, ETX Capital dedicated the last decades to both spread betting and CFD trading until their recent rebranding into OvalX.

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
  • Forex traders for variety of currencies and high net worth equities
  • Traders seeking commission free equities inside their 250 commission-less selection
  • Traders who want to trade commodity futures and bonds 
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
  • CySec (Cyprus)
  • FCA (UK)
  • FSCA (South Africa)
  • CySec (Cyprus)
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
  • Commission-free trades for 250 equities
  • Low minimum deposit to open standard account (100£)
  • Wide selection of commodity futures and bonds
  • Decent educational material for market research, including seminars on indices, commodities and currencies
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
  • Doesn’t provide live news feed on standard account
  • No ability to purchase real stocks or ETFs (All assets are CFDs)
  • Expensive commissions on shares (Eg minimum $15 on US shares, 10 € on EU shares)
Status
Operational Inactive
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 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
2012 1965
💳 Minimum Deposit
$, €, £ - 100 $, €, £ - 100 (Standard) and 10,000 (Premium)
💰 Payment Methods
  • Visa
  • Mastercard
  • Skrill
  • Neteller e-wallets
  • PayPal
  • Webmoney
  • Fasapay
  • Wire transfers
  • Visa
  • Mastercard
  • Maestro
  • Skrill
  • UnionPay
  • Bank Transfer
💵 Account Base Currencies
5 - EUR, USD, GBP, CHF, GOLD 3 - EUR, USD, GBP
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, CA, SY (Available only for EU Citizens). US, BE, CN, SG, CH
📊 STP Account
Yes No
📊 DMA Account
No No
📊 ECN Account
Yes No
Assets
📚 Available Assets
  • Real stocks and ETFs
  • CFDs on commodities, stocks, etfs, currencies, indices and cryptocurrencies.
  • CFDs on currencies, bonds, indices, shares, ETFs, commodities and cryptocurrencies.
  • 📙 Stocks
    12,000+ 5,000 CFDs (250 are commission free)
    📘 Currency Pairs
    35+ 60
    📗 Commodities
    3 17
    📕 Indices
    9 20
    📔 ETFs
    1,000+ 19
    💸 Cryptocurrencies
    14 5
    📒 Bonds
    N/A 8
    📓 Options
    N/A N/A
    📗 Futures
    N/A 45
    📝 Notes:

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

    ETX Capital offers CFDs, spread betting and futures.

    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 by 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 Varies per commodity (Eg 0.1 for WTI, 1 for Cotton)
    📉 Minimum Bonds Trade Size
    N/A 1 unit
    📈 Minimum Futures Trade Size
    N/A Varies per futures contract (Eg: 0.1 Copper, 1 for Bonds)
    📉 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 Yes
    👫 Social Trading
    No Yes
    🔑 Guaranteed Stop-loss
    No No
    🔨 Trailing Stop-loss
    Yes Yes
    Fees
    💰 Inactivity Fee
    No No
    💰 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, depending on asset class. (Eg: U.S shares have a 2 cents per share charge with a minimum of $15 per order, European shares have a 0.1% of transaction value charge with a minimum 10 € charge)

    Spreads
    📈 EUR/USD
    Dynamic - From 0.3 Pips Dynamic - From 0.6 Pips
    📉 SP500
    Dynamic - From 40 Pips Dynamic - From 60 Pips
    📈 GOLD
    Dynamic - From 25 Pips Dynamic - From 60 Pips
    📉 TSLA (Stock CFD)
    Average spread varies per account (Eg: 55 pips for Pro, 27 Pips for ECN) Dynamic - From $13
    📈 XLK (ETF - CFD)
    N/A N/A
    📉 BTC
    Dynamic - From $1 to $500 Dynamic - Eg. $226.4
    Research and Analysis
    ⭐ Watchlists
    Yes Yes
    🔭 Stock Screener
    No No
    🗓 Economic Calendar
    Yes No
    📜 Integrated Newsfeed
    No No
    📡 Reuters Feed
    No No