| Online Broker | Minimum Deposit | Trading Platforms | Markets | Regulated |
|---|---|---|---|---|
| AvaTrade | $100 Minimum Deposit | MT4, MT5, Web Trader, AvaOptions Trading Platforms | 1000+ Markets To Trade | AvaTrade provides trading on MT4 and MT5 (incuding automated trading) and provides a user friendly Web Trader and Vanilla Options trading on AvaOptions About |
| RoboMarkets | $100 Minimum Deposit | MT4, MT5, R StocksTrader Trading Platforms | 12,000+ Markets To Trade | RoboMarkets offers trading on MT4 and MT5 (including automated trading) and offers 12,000+ Stocks CFDs on R StocksTrader About |
AvaTrade vs RoboMarkets Comparison
These brokers each offer MetaTrader 4 (MT4) and MetaTrader 5 (MT5), the successor to MT4 and allow the use of Expert Advisors (MetaTrader's automated trading strategies). As well, RoboMarkets offers R StocksTrader, on which it can provide many more markets than its other platforms and AvaTrade. AvaTrade additionally provides a user friendly web trader.
RoboMarkets offers a Cent account. A Cent account allows the trader to trade using trade sizes smaller than micro lots.
AvaTrade provides trading in FX Options. This is available on a separate platform, AvaOptions. Both brokers support copy trading.
AvaTrade is regulated by the CBI in Ireland, the ASIC in Australia, the FSCA in South Africa, the FSA and the FFAJ in Japan and the FSC in the British Virgin Islands.
RoboMarkets is regulated by the CySEC in Cyprus.
Quick comparison
Both provide MT4 and MT5. RoboMarkets additionally offers R StocksTrader, while AvaTrade provides its web trader. RoboMarkets has many more markets to trade on R StocksTrader.
Minimum deposit and key account features
The minimum deposit for AvaTrade is $/€/£100. The minimum deposit for RoboMarkets is $100.
- AvaTrade provides an Economic Calendar on its web site and Trading Central (which provides analysis). Additionally AvaTrade offers AvaSocial which supports social and copy trading. AvaTrade allows the use of EA trading robots.
- RoboMarkets offers accounts based around its three platforms, MT4, MT5 and R StocksTrader. MT4 and MT5 each offer a Pro-Standard, Pro-Cent, ECN and Prime accounts. RoboMarkets's R StocksTrader is a web trading platform, which has many more markets available than the other accounts. RoboMarkets also offers a CopyFX account (which supports transaction copying) and a RAMM account (which supports strategy copying).
- RoboMarkets's minimum deposit for all accounts is $100. The Prime account is an ECN account with lower commission charges. RoboMarkets offers an Islamic (Swap Free) version for some of these accounts. The minimum trade size is 0.0001 lots. RoboMarkets provides a range of tools including analysis, an economic calendar, webinars and education. It offers the R StocksTrader Strategy Builder for building robots. EAs and scalping are allowed at RoboMarkets.
Markets
- AvaTrade offers spread betting (in the UK), in Forex, Indices, Energy and Metals, with 35+ available.
- AvaTrade offers CFD trading in Forex, Indices, Energy, Metals, Stocks, ETFs, Soft Commodities, Cryptocurrencies, Bonds and Options, with 1000+ available.
- RoboMarkets offers Forex, Indices, Energy, Metals, Stocks, ETFs, Soft Commodities and Cryptocurrencies, with 12,000+ available.
| Broker | Trading Platforms | Description |
|---|---|---|
| AvaTrade Broker | MT4, MT5, Web Trader, AvaOptions Trading Platforms | AvaTrade offers trading (incuding automated trading and 24/7 Crypto CFD trading) on MT4, MT5 and its user friendly Web Trader Description |
| RoboMarkets Broker | MT4, MT5, R StocksTrader Trading Platforms | RoboMarkets offers trading on MT4 and MT5 (allowing EA robots) and provides automated trading and 12,000+ Stocks CFDs on R StocksTrader Description |
Cryptocurrency CFDs
- AvaTrade provides Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Stellar, Chainlink, Uniswap, Dash, EOS, Bitcoin Gold, NEO and IOTA CFDs.
- RoboMarkets offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Stellar, Chainlink, Uniswap, Cardano, Solana, Polkadot, Polygon, Algorand, Dogecoin, Avalanche, Monero, Tron, Cosmos, Terra, Decentraland and Binance Coin CFDs.
Spreads and leverage
- RoboMarkets can offer low Forex spreads plus a commission charge. AvaTrade can offer Forex spreads from 0.9 without a commission charge, while RoboMarkets can offer Forex spreads from 1.3 without a commission charge.
Maximum leverage for AvaTrade (CBI regulated) is . Maximum leverage for RoboMarkets (CySEC regulated) is .
Online trading platforms
AvaTrade offers MT4, MT5, a web trader and AvaOptions as well as apps. RoboMarkets provides MT4, MT5 and R StocksTrader and apps.
Why AvaTrade or RoboMarkets ?
Traders who want to trade on MT4 and MT5 can find these platform at either broker. Traders who want to use Expert Advisors (MT4 and MT5 trading robots) can do so at either broker. Traders who want a large number of Stocks CFDs can do so on RoboMarkets's R StocksTrader platform. RoboMarkets's Cent account allows the trader to trade with very small trade sizes. Both brokers support copy trading (where the trades of other traders are copied) as well as trading without and with robots. Building and running robots is offered on MT4, MT5 and R StocksTrader. Traders who want to trade FX Options CFDs can do so on AvaTrade's AvaOptions platform.
Comparison summary
- Both brokers provide CFD trading
- In the UK, AvaTrade also offers MT4 spread betting
- Each broker provides MT4 and MT5
- RoboMarkets also offers R StocksTrader
- AvaTrade additionally provides AvaOptions for FX Options trading
- RoboMarkets has more markets overall (on R StocksTrader)
- RoboMarkets offers a Cent account
