Robomarkets Vs. IC Markets - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 72.72% of retail CFD accounts lose money.	Visit 76.27% 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.	IC Markets is an Australian broker with a global presence specialising in Forex trading. One of their greatest advantages is providing RAW spread accounts with interbank pricing.
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 traders looking for Interbank rates High volume traders that will save great amounts of costs with their low spreads and 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 1 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus)	ASIC (Australia) CySec (Cyprus) FSA (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	Customisable leverage per asset before opening trades Interbank rates and low commissions Great platform variety
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	Avaliable assets are limited (Also No ETFs) No ability to purchase real stocks or cryptocurrencies, only CFDs
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	$200
💰 Payment Methods
Visa Mastercard Skrill Neteller e-wallets PayPal Webmoney Fasapay Wire transfers	Visa Mastercard Bank Transfer Bitcoin Sofort Paypal Neteller Skrill
💵 Account Base Currencies
5 - EUR, USD, GBP, CHF, GOLD.	10 - USD, GBP, EUR, AUD, CHF, JPY, HKD, CAD, SGD, NZD.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY (Available only for EU Citizens).	US, CA, IL.
📊 STP Account
No	Yes
📊 DMA Account
Yes	No
📊 ECN Account
Yes	Yes
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
Hybrid	CFDs
Total Asset Offering
26,061	1,737
Exchange Access
0	0
📙 Real Stocks
12,000	0
📙 Stock CFDs
12,000	1,600
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
35	61
📗 Commodities
0	0
📗 Commodities CFDs
3	22
📕 Indices
0	0
📕 Indices CFDs
9	25
📔 ETFs
1,000	0
📔 ETFs CFDs
1,000	0
💸 Cryptocurrencies
14	0
💸 Cryptocurrency CFDs
0	18
📒 Bonds
0	0
📒 Bonds CFDs
0	11
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
1 Share	Unavailable
📉 Minimum ETFs Trade Size
1 ETF	Unavailable
📈 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
$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	500
✍ Customisable Leverage
No	Yes
🎲 Deleveraged Trading
Yes	No
🎓 Demo Account
No	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
Yes	Yes
📺 cTrader
No	Yes
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	No
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
Yes	Yes
👫 Social Trading
No	Yes
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	No
Fees
💰 Inactivity Fee
None	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
Yes (Eg: Visa/Mastercard fee 2.4%, PayPal 2% and Netteller (1.9%).	None
💰 Commissions
Varies per product (Eg. ETF Pro $0.0045/share).	No commissions in standard accounts but rather a 1 Pip spread markup on interbank prices received. For Raw spreads accounts, $7 per lot round turn.
Spreads
📈 EUR/USD
Dynamic - From 0.3 Pips	Dynamic - From 0 to 0.6 Pips
📉 SP500
Dynamic - From 40 Pips	Dynamic - From 20 to 45 Pips
📈 GOLD
Dynamic - From 25 Pips	Dynamic - From 30 Pips
📉 TSLA (Stock CFD)
Dynamic - From $0.25 to $0.55	Dynamic - Market Spread
📈 XLK (ETF - CFD)
Unavailable	Unavailable
📉 BTC
Dynamic - From $100 to $500	Dynamic - From $8.7 to $42
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
Yes	Yes
📡 Video Tutorials
No	No
📡 Account Management
Yes	No
📡 Webinars
No	No