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


Visit 72.72% of retail CFD accounts lose money.	Visit 79% 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.	IG is a global broker established in 1974 that holds 8 reputable financial licenses and provides CFD trading on stocks, commodities, ETFs, indices, cryptocurrencies, bonds, futures, options along with real stocks through their share dealing account.
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 to exploit their customisable platform and broad asset offering High volume traders that can offset their commission costs by trading in larger volumes
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 8 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus)	ASIC (Australia) FMA (New Zealand) NFA (United States) DFSA (United Arab Emirates) FINMA (Switzerland) MAS (Singapore) FFAJ (Japan) FSCA (South Africa) BMA (Bermuda)
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	Broad platform offering with high customisability and integrated news feeds Comprehensive asset offering with more than 10,000 + CFDs or real stocks and ETFs
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	There are too many small costs such as custody, in-and-out-commissions in some cases, management fees, etc Their standard contracts can be too large some times for low volume traders
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	1974
💳 Minimum Deposit Range
$100	From $10 to $450.
💰 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.	6 - AUD, EUR, GBP, HKD, SGD, USD.
🗽 Available to U.S Citizens
No	Yes
❌ Restricted Countries
US, CA, SY (Available only for EU Citizens).	SY, IR.
📊 STP Account
No	No
📊 DMA Account
Yes	Yes
📊 ECN Account
Yes	Yes
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
Hybrid	Hybrid
Total Asset Offering
26,061	35,227
Exchange Access
0	8
📙 Real Stocks
12,000	15,000
📙 Stock CFDs
12,000	15,000
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
35	80
📗 Commodities
0	0
📗 Commodities CFDs
3	37
📕 Indices
0	0
📕 Indices CFDs
9	76
📔 ETFs
1,000	2,000
📔 ETFs CFDs
1,000	2,000
💸 Cryptocurrencies
14	0
💸 Cryptocurrency CFDs
0	15
📒 Bonds
0	0
📒 Bonds CFDs
0	19
📓 Options
0	0
📓 Options CFDs
0	1,000
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
1 Share	1/10 of Contract (5,000 Notional)
📉 Minimum ETFs Trade Size
1 ETF	1/10 of Contract (5,000 Notional)
📈 Minimum Crypto Trade Size
Varies per cryptocurrency (Eg: 0.01 BTC)	0.01 Contracts
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	1 Contract
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots)	1 Contract
📉 Minimum Bonds Trade Size
Unavailable	1 Contract
📈 Minimum Futures Trade Size
Unavailable	1 Contract
📉 Minimum Options Trade Size
Unavailable	1 Contract
💪 Retail Leverage
30	30
💪 Professional Leverage
500	250
✍ Customisable Leverage
No	No
🎲 Deleveraged Trading
Yes	No
🎓 Demo Account
No	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 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	No
👫 Social Trading
No	No
🔑 Guaranteed Stop-loss
No	Yes
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
None	After 24 months of inactivity, IG charges an $18 monthly fee.
💰 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).	Yes, they charge depending on the client’s account base currency and exchange location of the shares being traded. For example, for some clients US shares can have a minimum charge of $10 in-and-out.
Spreads
📈 EUR/USD
Dynamic - From 0.3 Pips	Dynamic - From 0.6 Pips
📉 SP500
Dynamic - From 40 Pips	Dynamic - From 40 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	Dynamic - Market Spread
📉 BTC
Dynamic - From $100 to $500	Dynamic - From $90
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	Yes
📡 Reuters Feed
No	Yes
📡 Educational Content
No	Yes
📡 Live Chat Support
Yes	Yes
📡 Video Tutorials
No	No
📡 Account Management
Yes	No
📡 Webinars
No	Yes