| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| RoboMarkets | $100 Minimum Deposit | MT4, MT5, R StocksTrader Trading Platforms | 12,000+ Markets To Trade | RoboMarkets has a Cent account, offers MT4 and MT5 and provides 12,000+ Stocks CFDs on R StocksTrader About |
| Titan FX | $200 Minimum Deposit | MT4, MT5 Trading Platforms | 220+ Markets To Trade | Titan FX offers a Cent account, trading on MT4 and MT5 (including automated trading) and allows scalping, automated trading and high volume trading About |
RoboMarkets vs Titan FX Trade Comparison
These brokers each offer ECN accounts. Titan FX is primarily branded as an ECN broker, while RoboMarkets supports a range of other account types. Both offer a Cent account with low minimum trade sizes. Titan FX has a focus on providing low latency order execution.
Both offer MT4 and MT5, while RoboMarkets also provides R StocksTrader. Overall RoboMarkets can offer many more markets (on R StocksTrader).
RoboMarkets is regulated by the CySEC in Cyprus. Titan FX is regulated by the VFSC in Vanuatu.
ECN conditions
The ECN accounts of these brokers are no dealing desk and do not restrict trading styles, thus news trading, scalping and automated trading is allowed. Titan FX co-locates with liquidity providers by placing its servers in Equinix's NY4 Data Centre and aims to deliver low latency order processing.
Quick comparison
Both brokers offer MT4 and MT5. RoboMarkets additionally provides R StocksTrader and can offer more markets overall.
Minimum deposit and account types
The minimum deposit for RoboMarkets is $100. The minimum deposit for Titan FX is $200.
- 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.
- Titan FX offers the Zero Standard account, the Zero Blade account and then Zero Micro. The Zero Standard account is designed for discretionary traders, the Zero Blade account for EA traders and the Zero Micro account is a Cent account for those who want to practice on a live account. Titan FX offers market analysis, Forex monthly commentary, economic news, Forex education and self improvement articles for a 'Forex Lifestyle'. Titan FX uses Equinix's NY4 Data Centre for fast order execution. Titan FX supports social and copy trading via Titan FX Social. Titan FX's Standard and Micro accounts do not charge commissions, the Blade account does charge commissions.
Markets
- RoboMarkets offers Forex, Indices, Metals, Energy, Stocks, Cryptocurrencies, Soft Commodities and ETFs, with 12,000+ available.
- Titan FX offers Forex, Indices, Metals, Energy, Stocks, Cryptocurrencies and Soft Commodities, with 220+ available.
RoboMarkets provides 45+ Forex pairs (on R StocksTrader), Titan FX provides 55+ Forex pairs.
| Broker | Trading Platforms | Description |
|---|---|---|
| Titan FX Broker | MT4, MT5 Trading Platforms | Titan FX offers trading on MT4 and MT5 (including automated trading and a Cent account) and provides spreads from 0, plus commission Description |
| RoboMarkets Broker | MT4, MT5, R StocksTrader Trading Platforms | RoboMarkets offers MT4 and MT5 (including a Cent account) and R StocksTrader (with 12,000+ Stocks CFDs to trade), allowing automated trading Description |
Spreads and leverage
Both brokers offer low spreads with a commission charge. RoboMarkets can additionally offer Forex spreads from 1.3 without a commission charge, while Titan FX can provide Forex spreads from 1.2 (average) without a commission charge.
Maximum leverage for RoboMarkets (CySEC regulated) is . Maximum leverage for Titan FX is 1000:1.
Commissions
- 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.
- Titan FX charges a commission of $0.035 per 0.01 lots (i.e. $3.50 per lot) per side (thus $0.07 per micro lot round trip) on the Blade ECN account. Titan FX says that it approximates the USD charges and has a monthly review of these approximations for other account currencies.
Online trading platforms
Both brokers offer MT4 and MT5. RoboMarkets additionally provides R StocksTrader. Both offer mobile apps.
Why RoboMarkets or Titan FX ?
Traders who want to trade on MetaTrader 4 (MT4) and MetaTrader 5 (MT5) can do so at either broker. Traders who want to trade on MT4 and MT5 ECN accounts may do so at either broker, though Titan FX has a focus on this kind of trading. Additionally RoboMarkets has R StocksTrader, on which it has many more markets to trade. Traders who want to trade with small trade sizes can find a Cent account at RoboMarkets and Titan FX.
Comparison summary
- Both brokers provide CFD trading
- Each offers MT4 and MT5
- RoboMarkets additionally provides R StocksTrader
- On R StocksTrader, RoboMarkets offers many more markets to trade (12,000+)
- Each allows trading with robots
- Both offer Cent accounts
- Titan FX uses Equinix data centers for high speed order execution
