RoboMarkets
Visit

64.77% of retail CFD accounts lose money.

Vs.

XM
Visit

74.07% of retail CFD accounts lose money.

RoboMarkets Vs. XM - Compare and Choose the Right One

Updated Jan 05 2022

Visit

64.77% of retail CFD accounts lose money.

Visit

74.07% 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.

XM is an international broker headquartered in Cyprus which offers MetaTrader 4 & 5 and over 1500 + tradable assets.

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
  • Experienced traders looking to trade shares in high volume using their Zero account
  • MetaTrader users wishing to explore XM's offering while maintaining their preferred platforms
Trust

TTBTrust

5.5

Provided by TheTradingBible.com ®

Learn More

TTBTrust

6

Provided by TheTradingBible.com ®

Learn More
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
  • Competitive commissions on their Zero account
  • Modest asset offering of 1500+ tradable instruments (similar to competitors in the same range)
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
  • No proprietary platforms or technology
  • Expensive spreads and trading fees
  • Lack of asset variety when compared to other brokers in the same range
Status
Operational Operational
Recent News
N/A N/A
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.

🏛 Financial Regulators
  • CySec (Cyprus)
  • ASIC (Australia)
  • CySec (Cyprus)
  • ADGM (United Arab Emirates)
📍 Year Founded
2012 2009
💳 Minimum Deposit
$, €, £ - 100 €, £, $ - 5
💰 Payment Methods
  • Visa
  • Mastercard
  • Skrill
  • Neteller e-wallets
  • PayPal
  • Webmoney
  • Fasapay
  • Wire transfers
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
💵 Account Base Currencies
5 - EUR, USD, GBP, CHF, GOLD 11 - USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR.
🗽 Available to U.S Citizens
No NO
❌ Restricted Countries
US, CA, SY (Available only for EU Citizens). US, CA.
📊 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 stocks, commodities, currencies and indices.

📙 Stocks
12,000+ 1286
📘 Currency Pairs
35+ 57
📗 Commodities
3 15
📕 Indices
9 14
📔 ETFs
1,000+ N/A
💸 Cryptocurrencies
14 N/A
📒 Bonds
N/A N/A
📓 Options
N/A N/A
📗 Futures
N/A 10
📝 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 XM's assets are CFDs.
Trading Experience
📈 Minimum Stock Trade Size
1 Share Fractional Share trading - Varies per stock (Eg: 0.1/16 of ADBE shares)
📉 Minimum ETFs Trade Size
1 ETF N/A
📈 Minimum Crypto Trade Size
Varies per cryptocurrency (Eg: 0.01 BTC) N/A
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $100 (0.001 Lots)
📈 Minimum Commodities Trade Size
0.01 Units Varies by Commodity (Eg: 0.01 Troy ounce of Gold)
📉 Minimum Bonds Trade Size
N/A N/A
📈 Minimum Futures Trade Size
N/A All of XM's futures are commodities, same rules apply.
📉 Minimum Options Trade Size
N/A N/A
💪 Retail Leverage
Up to 1:30 Up to 1:30
💪 Professional Leverage
Up to 1:500 N/A
✍ Customisable Leverage

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

Yes
🎲 Deleveraged Trading
Yes, depending on the account No
🎓 Demo Account
Yes Yes
📱 IOS App
Yes No
📱 Android App
Yes No
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes 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 No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes Yes
Fees
💰 Inactivity Fee
No

Yes, $15 one time payment after 1 year of inactivity and then $5 monthly.

💰 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 on Zero accounts ($7 per lot round turn).

Spreads
📈 EUR/USD
Dynamic - From 0.3 Pips Dynamic - From 1.7 Pips
📉 SP500
Dynamic - From 40 Pips Dynamic - From 40 Pips
📈 GOLD
Dynamic - From 25 Pips Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
Average spread varies per account (Eg: 55 pips for Pro, 27 Pips for ECN) Dynamic - From $9.4
📈 XLK (ETF - CFD)
N/A N/A
📉 BTC
Dynamic - From $1 to $500 N/A
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No

By using TheTradingBible.com's website you agree to the use of cookies.