Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
---|---|---|---|---|
RoboForex | $10 Minimum Deposit | MT4, MT5, R StocksTrader Trading Platforms | 12,000+ Markets To Trade | RoboForex is regulated by the FSC in Belize and offers leverage up to 2000:1 and 12,000+ markets to trade About |
RoboMarkets | $100 Minimum Deposit | MT4, MT5, R StocksTrader, TradingView Trading Platforms | 12,000+ Markets To Trade | RoboMarkets is regulated by the CySEC in Cyprus and offers 12,000+ Stocks CFDs to trade and provides TradingView About |
RoboForex vs RoboMarkets Comparison
These brokers are part of the same group and have significant similarities in the features they offer. Both provide nearly the same range of account types including ECN accounts and a Cent account along with MT4, MT5 and R StocksTrader. However RoboMarkets also offers TradingView.
RoboForex has a lower minimum deposit than RoboMarkets ($10 vs $100). RoboMarkets is regulated in the EEA, by the CySEC. RoboForex is regulated by the FSC in Belize. This difference in regulation affects the maximum leverage which each broker offers, as well as other features. Each broker does provide negative balance protection.
Quick comparison
These brokers have similar account and platform features, except RoboMarkets also offers a TradingView account and has a higher minimum deposit and each is regulated in different countries.
Minimum deposit and key account features
The minimum deposit for RoboForex is $10. The minimum deposit for RoboMarkets is $100.
- RoboMarkets offers accounts based around its three platforms, MT4, MT5, R StocksTrader and TradingView. MT4 and MT5 each offer a Pro, Pro-Cent, ECN and Prime account. The Prime account is an ECN account with lower commission charges. R StocksTrader has many more markets available than the other accounts. RoboMarkets also offers a CopyFX account (which supports transaction copying). RoboForex offers all these account types and platforms but does not provide TradingView.
- RoboForex minimum deposit for all accounts accounts except R StocksTrader is $10. RoboMarkets's minimum deposit for all accounts is $100. Both brokers offers an Islamic (Swap Free) version for some of these accounts. Micro lot trading is available as is much smaller lot sizes via the Cent account.
- Both brokers provide a range of tools including analysis, an economic calendar, webinars and education. They offer the R StocksTrader Strategy Builder for building robots. EAs and scalping are allowed at both.
Markets to trade
- RoboForex and RoboMarkets offer Forex, Indices, Energy, Metals, Futures, Stocks, Soft Commodities and ETFs CFDs, for a total of 12,000+.
Both have 45+ Forex pairs.
Broker | Trading Platforms | Description |
---|---|---|
RoboForex Broker | MT4, MT5, R StocksTrader Trading Platforms | RoboForex is regulated by the IFSC in Belize and offers higher leverage (up to 2000:1) and a lower minimum deposit than RoboMarkets ($10) Description |
RoboMarkets Broker | MT4, MT5, R StocksTrader, TradingView Trading Platforms | RoboMarkets is regulated by the CySEC in Cyprus and offers lower leverage (up to ), more platforms (TradingView) and a higher minimum deposit ($100) than RoboForex Description |
Leverage
Maximum leverage for RoboForex is 2000:1 but maximum leverage for ECN trading is 500:1. Maximum leverage for RoboMarkets is .
Spreads
Both can offer variable Forex spreads from 0, plus a commission charge. Each can provide variable Forex spreads from 1.3 pips, without a commission charge.
Payment Methods
Each has a wide range of payment methods available, including Bank Transfer, Credit/Debit Cards, Skrill and Neteller. RoboMarkets offers PayPal, while RoboForex provides Sticpay, PerfectMoney and AstroPay.
Online trading platforms
RoboForex and RoboMarkets provide MT4, MT5 and R StocksTrader. RoboMarkets additionally offers TradingView.
Why RoboForex or RoboMarkets ?
As each brokers has a Cent account, it is possible to trade with small account sizes at either, though RoboForex has a lower minimum deposit requirement. RoboMarkets's minimum deposit though is not high relative to other CFD brokers. Automated traders can use either broker. RoboForex can offer much higher leverage (2000:1, increasing leverage increases risk), but RoboMarkets offers the protections of CySEC regulation, within the EEA. This said, RoboForex is regulated by the FSC in Belize. RoboMarkets offers TradingView.
TL;DR summary
Both have similarities, but RoboForex offers higher maximum leverage and a lower minimum deposit ($10 vs $100) while RoboMarkets provides TradingView.
Comparison summary
- Both are part of the same group
- Each offers CFD trading
- They have similar trading platforms and account features
- Each has a Cent account
- Both offer 12,000+ markets to trade
- RoboMarkets is CySEC regulated in Cyprus
- RoboForex is FSC regulated in Belize
- Both offer Copy trading
- While each provides MT4, MT5 and R StocksTrader, RoboMarkets also offers TradingView
- RoboForex has a lower minimum deposit ($10) and higher leverage (up to 2000:1)