| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| City Index | $150 Minimum Deposit | MT4, Web Trader Trading Platforms | 6,300+ Markets To Trade | City Index offers a wide range of markets to trade on its user friendly Web Trader and provides MT4, which allows automated trading About |
| RoboMarkets | $100 Minimum Deposit | MT4, MT5, R StocksTrader Trading Platforms | 12,000+ Markets To Trade | RoboMarkets provides trading (including automated trading) on MT4, MT5 and R StocksTrader (which has 12,000+ Stocks CFDs and allows robots to be run on the cloud) About |
City Index and RoboMarkets Comparison
Both of these brokers offer CFD trading. Both brokers can offer a relatively large number of markets on their respective web traders.
Both offer a range of platforms: each has MT4, City Index also offers a user friendly Web Trader; RoboMarkets also offers MT5 and R StocksTrader.
Quick comparison
Each has a range of platforms available, including web traders and apps and MT4. Each has a relatively large number of markets on their respective web traders.
Minimum deposit and account types
The minimum deposit for City Index is $150. The minimum deposit for RoboMarkets is $100.
- City Index provides SMART Signals (which analyses markets to look for trading opportunities), News & Analysis, Trading View analysis, Performance Analytics from Chasing Returns (to analyse trader's performance), an Economic Calendar and SMS Volatility Alerts.
- 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
- City Index offers Forex, Indices, Energy, Metals, Stocks, ETFs, Soft Commodities, Cryptocurrencies, Bonds, Options, IPOs and Interest Rates, with 6,300+ CFDs to trade.
- RoboMarkets offers Forex, Indices, Energy, Metals, Stocks, ETFs, Soft Commodities and Cryptocurrencies, with 12,000+ CFDs to trade.
| Broker | Trading Platforms | Description |
|---|---|---|
| City Index Broker | MT4, Web Trader Trading Platforms | City Index provides trading on MT4 (including automated trading) and offers its user friendly Web Trader, which has a relatively wide range of markets to trade Description |
| RoboMarkets Broker | MT4, MT5, R StocksTrader Trading Platforms | RoboMarkets provides a Cent account, MT4 and MT5 and offers 12,000+ Stocks CFDs to trade on R StocksTrader Description |
Cryptocurrency CFDs
- City Index offers Bitcoin, Ethereum, Ripple, Litecoin and Bitcoin Cash.
- RoboMarkets offers Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, Stellar, Cardano, Algorand, Solana, Chainlink, Uniswap, Polkadot, Polygon, Dogecoin, Avalanche, Monero, Tron, Cosmos, Terra, Decentraland and Binance Coin CFDs.
Spreads and leverage
City Index can offer Forex spreads from 0.5 without a commission charge. RoboMarkets can offer low spreads plus a commission charge and Forex spreads from 1.3 without a commission charge.
Maximum leverage for City Index is . Maximum leverage for RoboMarkets (CySEC regulated) is .
Commission charge
- RoboMarkets commission are $2 per lot per side for its ECN accounts except for its Prime account where they are $1.5 per lot per side.
Online trading platforms
City Index offers MT4 and a user friendly Web Trader. RoboMarkets offers MT4, MT5 and the R StocksTrader web trader.
Why City Index or RoboMarkets ?
Traders who want to trade on MT4 can try either broker. Traders who want to trade on MT4 can find this platform at RoboMarkets. Traders who want to trade on Web Traders with a relatively large number of markets to trade can do so at either broker. Traders who want to trade on a Cent account with low minimum trade sizes can find one at RoboMarkets.
Comparison summary
- Both provide CFD trading
- Each offers MT4
- RoboMarkets additionally provides MT5
- Each offers Web Traders with a relatively large number of markets to trade
- RoboMarkets has a Cent account
