RoboMarkets
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72.72% of retail CFD accounts lose money.

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Freedom Finance
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RoboMarkets Vs. Freedom Finance - Compare and Choose the Right One

Updated Jul 12 2022

Visit

72.72% of retail CFD accounts lose money.

Visit

Your capital is at risk.

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.

Freedom Finance is an equities broker founded in 2008 belonging to the parent group Freedom Holding Corp (a publicly traded company on NASDAQ exchange). Their specialty is providing access to more than 1 million stocks, ETFs, bonds, futures and options worldwide along with IPOs.

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
  • Real equities traders looking to day-trade stocks, options, futures and ETFs
  • Long term investors looking to build a stocks or ETFs portfolio
  • Experienced investors that know which assets they are looking for
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

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • CySec (Cyprus)
  • CySec (Cyprus)
  • BaFin (Germany)
  • SEC (United States)
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
  • Over 1,500,000+ assets from several exchanges worldwide
  • All assets are real equities (they do not provide CFDs)
  • InvestIdeas section with great analysis on several high potential stocks
  • 3% per year in their savings D-account (Daily interest accrual)
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
  • The use of SMSs codes for authentication of basic operations can be an issue for frequent international travellers
  • Freedom Finance does not offers currencies, cryptocurrencies or spot commodities
  • No stock screener or tools to research and analyse stocks efficiently
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 2008
💳 Minimum Deposit
$, €, £ - 100 0
💰 Payment Methods
  • Visa
  • Mastercard
  • Skrill
  • Neteller e-wallets
  • PayPal
  • Webmoney
  • Fasapay
  • Wire transfers
  • Visa
  • Mastercard
  • Bank Transfers
💵 Account Base Currencies
5 - EUR, USD, GBP, CHF, GOLD 3 - EUR, USD, GBP.
🗽 Available to U.S Citizens
No Yes
❌ Restricted Countries
US, CA, SY (Available only for EU Citizens). SY, IR.
📊 STP Account
Yes No
📊 DMA Account
No Yes
📊 ECN Account
Yes No
Assets
📚 Available Assets
  • Real stocks and ETFs
  • CFDs on commodities, stocks, etfs, currencies, indices and cryptocurrencies.

Real stocks, ETFs, bonds, futures and options.

📙 Stocks
12,000+ 58,571
📘 Currency Pairs
35+ N/A
📗 Commodities
3 N/A
📕 Indices
9 N/A
📔 ETFs
1,000+ 1,500
💸 Cryptocurrencies
14 N/A
📒 Bonds
N/A 191,959
📓 Options
N/A 1,153,234
📗 Futures
N/A 6,020
📝 Notes:

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

All of Freedom Finance’s assets are real equities, they do not provide CFDs.

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) N/A
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) N/A
📈 Minimum Commodities Trade Size
0.01 Units N/A
📉 Minimum Bonds Trade Size
N/A 1 Contract
📈 Minimum Futures Trade Size
N/A 1 Contract
📉 Minimum Options Trade Size
N/A 1 Contract
💪 Retail Leverage
Up to 1:30 Up to 1:3
💪 Professional Leverage
Up to 1:500 N/A
✍ Customisable Leverage

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

No
🎲 Deleveraged Trading
Yes, depending on the account Yes
🎓 Demo Account
Yes No
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes No
📺 MetaTrader 5
Yes No
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes No
👬 Copy Trading
Yes No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes No
Fees
💰 Inactivity Fee
No No
💰 Deposit Fees
No

Yes, up to 2.5% for credit / debit cards.

💰 Withdrawal Fees

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

Yes, 7€ for bank transfers.

💰 Commissions

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

Yes and the vary per account:

In their all inclusive USD account they charge,

  • 0.5% + $0.012 per share with a minimum  of $1.2 per trade
  • $0.65 per USA stock options contract
  • 12% for margin lending

In their Smart in EUR account they charge,

  • 0.02€ per share with a minimum of 2€ per trade
  • $0.65 per USA stock options contract
  • 12% for margin lending
  • €0.05 for each SMS notification

In their Fix in EUR account, they charge,

  • 10€ Monthly account fee
  • 0.012€ per share with a minimum of 1.2€ per trade
  • $0.65 per USA stock options contract
  • 12% for margin lending
  • €0.03 for each SMS notification
Spreads
📈 EUR/USD
Dynamic - From 0.3 Pips N/A
📉 SP500
Dynamic - From 40 Pips N/A
📈 GOLD
Dynamic - From 25 Pips N/A
📉 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 No
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No No