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 STP/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 and the IFSC in Belize.

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 STP/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 a Fix-Cent, a Fix-Standard, and ECN-Pro NDD and an ECN-Fixed Spread NDD and 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. Micro lot trading is available.
  • RoboMarkets provides RoboForex Analytics on its website. This offers a range of tools including analysis, signals, videos and education. It offers StrategyQuant for building MT4 robots and the R Trader Strategy Builder.

Markets

  • ETX Capital offers on ETX TraderPro Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks, Soft Commodities, ETFs, Bonds, Interest Rates and IPOs, with 5000+ available.
  • ETX Capital on MT4 offers Forex, Indices, Energy, Metals, Cryptocurrencies, Stocks and Soft Commodities, with 200+ available.
  • RoboMarkets's Cent account offers Forex and Precious Metals for a total of 35+.
  • RoboMarkets's Standard and ECN accounts offer Forex, Indices, Energy, Precious Metals and Cryptocurrencies, for a total of 45+.
  • On its R Trader account, RoboMarkets offers Forex, Indices, Cryptocurrencies, Stocks and ETFs, 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 offers variable spreads on its spread betting and CFD platforms, from 0.6 for EUR/USD, from 1 for the UK100, from 0.4 for Gold, from 0.05 for US Crude Oil and from an extra 0.05% for Shares.
  • On RoboMarkets's Pro-Cent and Pro-Standard accounts, the average spread for EUR/USD is 1.6 and Gold 2.23. On the ECN accounts the minimum spread for EUR/USD is 0.1, Gold 0.8 and US Crude Oil 0.01. On the Prime account, the minimum spread for EUR/USD is 0.0, Gold 0.4 and US Crude Oil 0.01.

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.

Platforms

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

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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