Compare ETX Capital vs RoboMarkets - Online Brokerage Comparison

Compare ETX Capital vs RoboMarkets

ETX Capital versus RoboMarkets Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT4, ETX TraderPro5000+FCA
$100MT4, R Trader, MT511,000+CySEC, IFSC

ETX Capital and RoboMarkets Comparison

Both offer CFD trading, while ETX Capital additionally provides spread betting. Although most of RoboMarkets's accounts offer much less markets than ETX Capital, on the R Trader web trader, RoboMarkets can offer more. However, ETX Capital can provide a wider range of markets. ETX Capital provides its ETX TraderPro web trader.

RoboMarkets offers ECN trading accounts, with no dealing desk STP execution, while ETX Capital is a dealing desk broker. However ETX Capital does support automated trading, with the provision of MT4. Both brokers can offer Cryptocurrency CFD trading (and additionally spread betting in the case of ETX Capital).

ETX Capital is regulated by the FCA in the United Kingdom. RoboMarkets is regulated by the CySEC in Cyprus.

Quick comparison

MT4 vs MT4, ETX Capital can offer more markets. R Trader vs ETX TraderPro, RoboMarkets can offer more markets. In both cases ETX Capital has a wider range of markets. Both support trading automation. RoboMarkets has ECN accounts and MT5.

Minimum deposit and account types

The minimum deposit for ETX Capital is £100. The minimum deposit for RoboMarkets is $100.

  • ETX Capital offers spread betting and CFD trading. It provides a range of features including webinars and seminars. For a minimum first deposit of £/$/€1,000, T&Cs apply, ETX Capital offers a dedicated account manager, news and updates from Trading Central and a free 8 hour trading course to be taken within 6 months.
  • RoboMarkets offers accounts based around its three platforms, MT4, MT5 and R Trader. MT4 and MT5 each offer a Pro-Standard, Pro-Cent and Pro-ECN account. MT4 additionally offers an MT4 Prime account. RoboMarkets's R Trader 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 except MT4 Prime is $100. The minimum deposit for MT4 Prime is $5,000. 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 Trader Strategy Builder for building robots. EAs and scalping are allowed at RoboMarkets.

Markets

  • ETX Capital offers Forex, Indices, Energy, Metals, Stocks, ETFs, Soft Commodities, Cryptocurrencies, Bonds, Interest Rates and IPOs, with 5000+ available.
  • RoboMarkets Forex, Indices, Energy, Metals, Stocks, ETFs, Soft Commodities and Cryptocurrencies, for a total of 11,000+.

Cryptocurrency CFDs

  • ETX Capital offers Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash (as CFDs or for spread betting).
  • RoboMarkets offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Dash, EOS, Bitcoin Gold, Golem, IOTA, NEO, OmiseGO, Qtum and Monero CFDs.

Spreads and leverage

ETX Capital can offers Forex spreads from 0.6 without a commission charge. RoboMarkets can offer Forex spreads from 1.3 without a commission charge and low Forex spreads with a commission charge.

Maximum leverage for ETX Capital is . Maximum leverage for RoboMarkets (CySEC regulated) is .

Commissions

  • ETX Capital does not charge commissions, except for Stocks CFDs.
  • 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

Both brokers offer MT4 on desktop and apps. ETX Capital additionally provides a web trader (ETX TraderPro) and apps. RoboMarkets additionally offers MT5 and MT5 desktop, apps and web trader and R Trader.

Why ETX Capital or RoboMarkets ?

Those who want to trade on MetaTrader 4 (MT4) can find this platform at either broker, and use Expert Advisors (EAs). Both brokers offer web traders which have a relatively large number of markets to trade, though RoboMarkets offers more. Traders who want to trade on MetaTrader 5 (MT5) can do this at RoboMarkets. Additionally, RoboMarkets has a Cent account which allows the trader to trade with very small trade sizes.

Comparison summary

  • Both brokers offer CFD trading, ETX Capital additionally provides spread betting
  • On all but one of its accounts, RoboMarkets offers considerably less markets than ETX Capital
  • However on its R Trader platform, RoboMarkets offers more - thus both brokers can offer a relatively large number of markets
  • ETX Capital provides a wider range of markets
  • Both can offer a range of Cryptocurrency CFDs
  • Each broker offers, in addition to their web traders, MT4
  • RoboMarkets also offers MT5

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