Compare ITRADER vs RoboMarkets - CFD Broker Comparison

Compare ITRADER vs RoboMarkets

ITRADER vs RoboMarkets Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$250MT4200+CySEC
$100MT4, MT5, R Trader11,000+CySEC, IFSC

ITRADER and RoboMarkets Comparison

Both brokers offer MT4. RoboMarkets also provides MT5 and R Trader. R Trader is a platform which has a relatively large number of markets available, mostly Stocks CFDs.

Overall, including R Trader, RoboMarkets can offer more markets to trade than ITRADER. But, on MT4, ITRADER offers more markets than RoboMarkets. ITRADER has a range of account types, offering improved services (based around MT4). RoboMarkets has a range of account types which offers ECN or non-ECN trading (all market execution). Both brokers are regulated by the CySEC in Cyprus. RoboMarkets is additionally regulated by the IFSC in Belize.

Quick comparison

Both brokers offer MT4. RoboMarkets has more markets on its R Trader platform, ITRADER has more markets on MT4. RoboMarkets can offer STP/ECN trading and MT5.

Minimum deposit and account types

The minimum deposit for ITRADER is $250. The minimum deposit for RoboMarkets is $100.

  • ITRADER provides three account types, Silver, Gold and Platinum. The current minimum deposit for Gold and Platinum is available upon request from the account manager assigned to the trader's account. Micro lot trading is offered. An Islamic account is available.
  • ITRADER provides an extensive animated trading course on its website. It also offers eBooks, webinars and daily reviews and provides hedging for all account types. The Gold account additionally provides extra webinars and videos and a dedicated account manager. The Platinum account additionally provides a Free VPS and News Alerts.
  • 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

  • ITRADER offers Forex, Indices, Metals, Stocks, Energy, Cryptocurrencies 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, Stocks, Cryptocurrencies and ETFs, for a total of 11,000+.

Cryptocurrency CFDs

  • ITRADER offers Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash ABC, DASH, Bitcoin Gold, Golem, IOTA, NEO, Qtum, Monero, Ethereum Classic, Cardano, Bitcoin SV, Lisk, Qtum, Siacoin, Tether, NEM, Stellar, Zcash, Verge, WAVES and TRON.
  • RoboMarkets offers Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, DASH, Bitcoin Gold, Golem, IOTA, NEO, Qtum, Monero, EOS and OmiseGO.

Spreads and leverage

  • ITRADER offers variable spreads, which can vary depending on account type. On ITRADER's Silver account, EUR/USD spreads are from 2.2, UK100 from 2, Gold from 0.59 and US Crude Oil from 0.07. On ITRADER's Platinum account, EUR/USD spreads are from 0.7, UK100 from 1, Gold from 0.37 and US Crude Oil from 0.03.
  • 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 ITRADER 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.

Platforms

ITRADER provides MT4 and MT4 apps and a web trader based on MT4. RoboMarkets offers MT4, MT5, an MT4 web trader and R Trader.

Comparison summary

  • ITRADER offers MT4
  • RoboMarkets offers MT4, MT5 and R Trader
  • Both provide an MT4 web trader
  • Thus RoboMarkets has more platforms available than ITRADER
  • RoboMarkets offers more markets on R Trader than ITRADER
  • However ITRADER has more markets available on MT4
  • Both are CySEC regulated

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