RoboForex vs Trade - Online Brokerage Comparison

RoboForex vs Trade | Trading Brokers Comparison

RoboForex vs Trade Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulation
$10MT4, cTrader, R Trader Web Trader, MT59000+IFSC

RoboForex vs Trade Comparison

Both of these brokers offer ECN trading on MT4 and allow the use of Expert Advisors, MT4 trading robots. RoboForex also provides MT5, cTrader and R Trader. All these platform also allow the trader to run and build automated trading strategies.

On all platforms except R Trader, RoboForex has a similar number of markets as Trade, however on its R Trader web trader, RoboForex offers many more. Both brokers have a relatively low minimum deposit, though RoboForex's is lower.

RoboForex is regulated by the IFSC in Belize. Trade is regulated by the FCA in the United Kingdom.

Quick comparison

Both offer MT4 and support automated and non-automated trading. RoboForex also provides MT5, cTrader and R Trader.

Minimum deposit and key account features

The minimum deposit for RoboForex is $10. The minimum deposit for Trade is $50.

  • RoboForex offers accounts based around its four platforms, MT4, MT5, cTrader and R Trader. cTrader has an ECN-Pro and Pro-Standard account. MT4 and MT5 each offer a Pro-Standard, Pro-Cent and ECN-Pro account. MT4 additionally offers an MT4 Prime account. RoboForex's R Trader 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 Trader and MT4 Prime is $10. The minimum deposit for R Trader is $100 and MT4 Prime is $5,000. The Prime account is an ECN account with lower commission charges. RoboForex offers an Islamic (Swap Free) version for some of these accounts. Micro lot trading is available.
  • RoboForex provides a range of tools including Analysis, Webinars, Education and an Economic Calendar. It offers the R Trader Strategy Builder for building robots. RoboForex allows EAs and scalping.
  • Trade offers three account types for retail traders, Classic, ECN and ECN Plus. The minimum deposit for the Classic and ECN accounts is $/€/£50. The minimum deposit for the ECN Plus account is $/€/£10,000. The ECN Plus account has lower commission charges. The Classic account does not have a commission charge. Trade allows scalping, hedging and EAs. Trade uses Equinix's LD4 Data Centre. All account types have a minimum trade size of 0.01 lots.
  • Trade offers an 'Educational and Analytical Portal' which provides trading strategies and signals, educational courses, the capacity to chat with an analyst, a technical and fundamental analysis feed, market analysis and news updates.


  • RoboForex offers Forex, Indices, Energy, Metals, Cryptocurrencies, Soft Commodities, Stocks and ETFs, for a total of 9,000+.
  • Trade offers Forex, Indices, Energy, Metals and Cryptocurrencies, with 75+ available.

Cryptocurrency CFDs

  • RoboForex offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Monero, NEO, IOTA, Bitcoin Gold, QTUM, Dash, EOS, Golem and OmiseGO CFDs.
  • Trade offers Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash.

Spreads and leverage

  • Both brokers may offer very low Forex spreads for the most liquid Forex pairs, plus a commission charge. RoboForex also offers Forex spreads without a commission charge from 1.3 and Trade offers Forex spreads from 1 without a commission charge.
  • Maximum leverage for RoboForex (IFSC regulated) is 2000:1. Maximum leverage for Trade (FCA regulated) is .

Commission charge

  • 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.
  • Trade charges commission of $4 per lot per side on its ECN account, and $2.5 per lot per side on its ECN Plus account.

Online trading platforms Trade provides MT4. RoboForex offers MT4, MT5, cTrader and R Trader.

Why RoboForex or Trade ?

Traders who wish to trade using Expert Advisors on MT4 can consider either broker. However those looking to use the successor to MT4, MT5 can consider RoboForex. Additionally, RoboForex offers cTrader, which has robots called cBots and R Trader which is a web trader also supporting the building and running of robots (it uses the cloud, so a VPS is not needed). This said Trade focuses on ECN STP trading, and places its trading servers in Equinix's London LD4 data center. This allows it to be in close physical proximity with other market participants, thus enabling rapid routing of orders using STP via its ECN. So trader who wish to use an ECN broker and avail of very rapid order processing may wish to take a look at Trade. RoboForex has other account types, including a Cent account. This allows a trader to trade with very small trade sizes and consequently a small account size.

Comparison summary

  • Both offer CFD trading
  • Each has ECN accounts
  • Both provide MT4
  • RoboForex also offers MT5, cTrader and R Trader
  • On R Trader, RoboForex provides many more markets
  • RoboForex has a lower minimum deposit, but Trade has a relatively low minimum deposit for an ECN broker

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