| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| Plus500 | $100 Minimum Deposit | Web Trader, Downloaded Platform, Apps Trading Platforms | 2000+ Markets To Trade | Plus500 provides a wide range of CFD markets to trade on a user friendly platform About |
| RoboForex | $10 Minimum Deposit | MT4, MT5, cTrader, R StocksTrader Trading Platforms | 12,000+ Markets To Trade | RoboForex offers a Cent account with a low minimum deposit ($10), a large number of Stocks CFDs (12,000+), and automated trading About |
Plus500 vs RoboForex Comparison
These are both CFD providers. On most of its accounts, RoboForex offers considerably less markets than Plus500, however on the R StocksTrader platforms, RoboForex can provide considerably more (12,000+ vs 2000+). This said, Plus500 has a wider range of market and has considerably depth in the numbers offered in categories such as Commodities and Indices.
One difference is that RoboForex, as its name might suggest is a provider which supports trading using automated trading strategies (also known as robots). RoboForex has a range of platforms which allow this trading approach including R StocksTrader, which lets the trader build robots without programming and run them on the clound (without a VPS). In support of automated trading, RoboForex has a range of ECN accounts. RoboForex also offers a Cent account which allows for very small trade sizes.
However, Plus500 makes a particular effort to provide platform features for traders who make their own trading decisions, by offering a clear intuitive web trader and apps which include a desktop download, as well as a relatively wide range of tools such as technical indicators, with 95+.
Quick comparison
Plus500 focuses on one platform offering it as a web trader and apps, including a desktop download. RoboForex has a range of platforms and account types, including Cent and ECN.
Minimum deposit and key account features
The minimum deposit for Plus500 is $/€/£100. The minimum deposit for RoboForex is $10.
- Plus500 provides CFD trading. For all traders, Plus500 offers an Economic Calendar on its website covering news events and market effects and has economic data integrated into its platform. Plus500 offers the +Insights tool which provides real time data abut the activity of other Plus500 traders. Additionally, Plus500 offers a Trading Academy on its website as well as News and Market Insights.
- RoboForex offers accounts based around its four platforms, MT4, MT5, cTrader and R StocksTrader. cTrader has ECN and Pro-Standard accounts. MT4 and MT5 each offer Pro-Standard, Pro-Cent and ECN accounts. MT4 additionally offers MT4 and MT5 Prime accounts. RoboForex's R StocksTrader is a web trading platform, which has many more markets available than the other accounts. RoboForex also offers a CopyFX account (which supports transaction copying) and a RAMM account (which supports strategy copying).
- RoboForex's minimum deposit for all accounts except R StocksTrader is $10. The minimum deposit for R StocksTrader is $100. The Prime account is an ECN account with lower commission charges. RoboForex offers an Islamic (Swap Free) version for some of these accounts. The minimum trade size is 0.0001 lots.
- RoboForex provides a range of tools including Analysis, Webinars, Education and an Economic Calendar. It offers the R StocksTrader Strategy Builder for building robots. RoboForex allows EAs and scalping.
Markets
- Plus500 offers CFDs on Forex, Metals, Indices, Energy, Soft Commodities, Stocks, ETFs, Cryptocurrencies and Options, with 2000+ available.
- RoboForex offers CFDs on Forex, Metals, Indices, Energy, Soft Commodities, Stocks, ETFs and Cryptocurrencies, with 12,000+ available.
Plus500 offers 55+ Forex pairs, RoboForex offers 45+ Forex pairs.
| Broker | Trading Platforms | Description |
|---|---|---|
| RoboForex Broker | MT4, MT5, cTrader, R StocksTrader Trading Platforms | RoboForex offers trading (including automated trading) on MT4, MT5 and R StocksTrader, and provides a Cent account with a $10 minimum deposit Description |
| Plus500 Provider | Web Trader & Apps Trading Platforms | Plus500 offers a user friendly online trading platform available from desktop to watch and has a wide range of CFD markets to trade Description |
Cryptocurrency CFDs
- Plus500 provides CFDs on Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Stellar, Cardano, Chainlink, Solana, Uniswap, Polkadot, Polygon, NEO, EOS, IOTA, VeChain, Axie Infinity and Filecoin.
- RoboForex provides CFDs on Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Stellar, Cardano, Chainlink, Solana, Uniswap, Polkadot, Polygon, Ripple, Algorand, Dogecoin, Avalanche, Monero, Tron, Cosmos, Terra, Decentraland and Binance Coin.
- RoboForex's commissions are $2 per lot per side for its ECN accounts except for its Prime account where they are $1.5 per lot per side.
Leverage
Maximum leverage for RoboForex is 2000:1 but maximum leverage for ECN trading is 300:1. Maximum leverage for Plus500 is .
Online trading platforms
Plus500 provides a web trader, a downloaded version of this platform and apps for tablet and mobile. RoboForex provides MT4, MT5, cTrader and R StocksTrader.
Why Plus500 or RoboForex ?
Traders who want to trade on MT4, MT5 or cTrader can do so at RoboForex. Traders who want to trade on a user friendly platform can do so at either broker. Traders who want to trade with EA robots or cBots robots can do so at RoboForex. Traders who want to trade on a Cent account with a low minimum deposit may do so at RoboForex.
Comparison summary
- Both offer CFD trading
- Plus500 provides a user friendly platform
- RoboForex offers MT4, MT5, cTrader and R StocksTrader
- On R StocksTrader, RoboForex has many more markets to trade
- Plus500 offers a wider range of CFD markets
- RoboForex offers automated trading
- RoboForex has a Cent account and a $10 minimum deposit
