Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
---|---|---|---|---|
FOREX.com | $100 Minimum Deposit | MT4, Advanced Trading Platform, Web Trader Trading Platforms | 300+ Markets To Trade | FOREX.com provides trading on MetaTrader (including automated trading) and provides a user friendly Web Trader and the Advanced Trading Platform About |
RoboMarkets | $100 Minimum Deposit | MT4, MT5, R StocksTrader Trading Platforms | 12,000+ Markets To Trade | RoboMarkets provides trading on MT4, MT5 and R StocksTrader (including automated trading) and offers a Cent account with low minimum trade sizes About |
FOREX.com and RoboMarkets Comparison
Both of these brokers offer a range of trading platform. They both provide MT4 (and support trading automation). FOREX.com also has two trading platforms for the trader who executes their own trades.
RoboMarkets offers MT5 (the successor to MT4) and R StocksTrader. RoboMarkets's R StocksTrader is a platform which offers many more markets than either its other platforms, or FOREX.com. Each broker provides support for automated and non-automated trading.
Quick comparison
Both provide MT4, RoboMarkets also offers MT5. Both have web traders. FOREX.com additionally provides its Advanced Trading Platform. RoboMarkets can offer more markets overall.
Minimum deposit and account types
The minimum deposit for FOREX.com is $/€/£100. The minimum deposit for RoboMarkets is $100.
- FOREX.com offers CFD trading. The minimum trade size is 0.01 lots. It has an Economic Calendar, Market Research and a news feed on its platforms, offers Autochartist and Trading Central and has a Trader Education course on its website.
- 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.
Markets
- FOREX.com offers Forex, Indices, Energy, Metals, Soft Commodities, Stocks and Cryptocurrencies, with 300+ available.
- RoboMarkets offers Forex, Indices, Energy, Metals, Soft Commodities, Stocks, Cryptocurrencies and ETFs, with 12,000+ available.
Broker | Trading Platforms | Description |
---|---|---|
FOREX.com Broker | MT4, Web Trader, Advanced Trading Platform Trading Platforms | FOREX.com offers trading on MT4 (and in some regions MT5), its user friendly Web Trader and on the Advanced Trading Platform, with Forex spreads from 0.8 Description |
RoboMarkets Broker | MT4, MT5, R StocksTrader Trading Platforms | RoboMarkets provides trading on MT4, MT5 and R StocksTrader (allowing automated trading on all platforms), has 12,000+ Stocks CFDs to trade (on R StocksTrader) and provides a Cent account Description |
Cryptocurrency CFDs
- FOREX.com offers Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash CFDs.
- RoboMarkets offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Stellar, Cardano, Chainlink, Solana, Uniswap, Polkadot, Polygon, Algorand, Dogecoin, Avalanche, Monero, Tron, Cosmos, Terra, Decentraland and Binance Coin CFDs.
Spreads
FOREX.com offers Forex spreads from 1.1 without a commission charge. RoboMarkets provides Forex spreads from 1.3 without a commission charge and Forex spreads from 0 with a commission charge.
Commissions
- FOREX.com does not charge commissions, except for Shares 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
FOREX.com offers MT4, the Advanced Trading Platform, Web Trader and apps. RoboMarkets offers MT4, MT5, R StocksTrader and apps.
Why FOREX.com or RoboMarkets ?
Traders who want to use MT4 or MT5 can do so at either. Traders who want to trade on R StocksTrader (with 12,000+ Stocks CFDs) can do so at RoboMarkets. Traders who want to trade with robots can do so at either. Traders who want to trade on the Advanced Trading Platform, with a wide range of tools, can find this at FOREX.com. Those who want to trade on a Cent account can do so at RoboMarkets.
Comparison summary
- These brokers each offer MT4
- RoboMarkets additionally provides MT5 and R StocksTrader
- FOREX.com additionally provides a web trader and its Advanced Trading Platform
- On R StocksTrader RoboMarkets can offer many more markets than FOREX.com
- RoboMarkets offers ECN trading and a Cent account