| 
4.5 |
4.4 |
Traders from US not accepted See available CFD brokers | Traders from US not accepted See available CFD brokers |
| RoboForex is a global broker launched in 2009 and regulated by the Belize FSC. The firm offers more than 12,000 instruments spanning 9 asset classes with trades from 0.01 lots and spreads from 0 pips. The broker's advanced copy trading tool is also home to thousands of active day traders. | Trade Nation is a top FX and CFD broker regulated in multiple jurisdictions including the UK and Australia. The firm offers low-cost fixed and variable spreads on 1000+ assets with robust trading platforms and training materials. The Signal Centre can also be used for trade ideas. |
| RoboForex Ltd and its affiliates do not target EU/EEA/UK clients. Please be aware that you are able to receive investment services from a third-country firm at your own exclusive initiative only, taking all the risks involved. | 84% of retail investor accounts lose money when trading CFDs with this provider. |
| Customer Reviews |
| 3.5 Based on 2 RoboForex customer reviews | |
| Bonus Offer |
| $30 No Deposit Bonus | 200 Sign-Up Reward Points |
| Comment by Reviewer |
| "RoboForex is a good pick for traders looking for a vast range of day trading markets with ECN accounts, powerful charting platforms and loyalty promotions. Real stocks traders will also appreciate the R Stocks Trader terminal, with automated trading capabilities." | "Trade Nation is a good choice for newer traders looking for a wide range of financial markets on a user-friendly platform. There is no minimum deposit, free funding options and strong education." |
| Pros |
- The proprietary R Stocks Trader terminal rivals leading platforms like MT4, with netting and hedging capabilities, comprehensive backtesting, and Level II pricing
- Automated trading is permitted in all platforms with user-friendly robot builders and strategy testing features
- ECN and Prime accounts are available for active day traders looking for low fees and market execution
- Fast account funding is available, with over 20 payment methods and minimum deposits from $5
- There's a VPS server for experienced investors looking for 24/7 uninterrupted trading
- Traders can get two free withdrawals each month, among other promotional deals
- You can access commission-free trading on thousands of US stocks
| - A choice of trading platforms and apps, including MT4, make the brand a good fit for savvy traders
- Trade Nation is a multi-regulated and respected broker that previously operated as Core Spreads
- Full range of investments via leveraged CFDs for long and short opportunities
- The trading firm offers tight spreads and a transparent pricing schedule
- Multiple account currencies are accepted for global traders
- There is a low minimum deposit for beginners
|
| Cons |
- The demo account expires after only 90 days, which is more restricting than some competitors - OANDA's demo, for example, does not have a time limit
- The broker's offering varies between accounts, especially in regard to market access, leverage and additional perks
- The broker's range of 40+ currency pairs is mediocre - one of our top award-winners, Pepperstone, offers 90+
| - Fewer legal protections with offshore entity
|
| Awards |
- Best Global Mobile Trading App 2020 - Global Forex Awards B2B
- Best Broker of the CIS 2019 - IAFT Awards
- Best Investment Platform 2019 - IAFT Awards
- Best Educational Forex-Center CIS 2019 - IAFT Awards
- Best Stock Broker Asia 2019 - International Business Magazine Awards
- Best Investment Products 2019 - Global Brands Magazine
| |
| Instruments |
| CFDs, Forex, Stocks, Indices, Commodities, ETFs | Forex, CFDs, Indices, Shares, Commodities, Futures, Bonds, Cryptos (Bahamas Entity Only) |
| Demo Account |
| Yes | Yes |
| Minimum Deposit |
| $10 | $0 |
| Trading Platforms |
| |
| Payment Methods |
- ADVcash
- Alipay
- AstroPay
- Cashu
- ecoPayz
- Giropay
- iDeal
- MoneyGram
- Neteller
- Perfect Money
- POLi
- Rapid Transfer
- SafeCharge
- Skrill
- Sofort
- Trustly
- Vietcombank Transfer
- Visa
- WeChat Pay
- Wire Transfer
| - Credit Card
- Debit Card
- Mastercard
- PayPal
- Skrill
- Visa
- Wire Transfer
|
| Minimum Trade |
| 0.01 Lots | 0.1 Lots |
| Regulator |
| FSC | FCA, ASIC, FSCA, SCB, FSA |
| Margin Trading |
| Yes | Yes |
| STP Account |
| Yes | Yes |
| ECN Account |
| Yes | No |
| DMA Account |
| No | No |
| MAM Account |
| Yes | No |
| PAMM Account |
| No | No |
| LAMM Account |
| Yes | No |
| Demat Account |
| No | No |
| AI / Machine Learning |
| No | No |
| Robo Advisor |
| No | No |
| Negative Balance Protection |
| No | Yes |
| Market Maker |
| No | Yes |
| P2P Trading |
| No | No |
| Spot Trading |
| Yes | Yes |
| Mobile Apps |
| iOS & Android, R StocksTrader | iOS & Android |
| Android App Rating |
4.4 | |
| iOS App Rating |
4.7 | 4.1 |
| Auto Trading |
| Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader |
| Copy Trading |
| Yes | Yes |
| Copy Trading Platform |
| RoboForex offers a market-leading copy trading service for currency traders - CopyFX. The minimum investment is low at $100 and you retain control over your allocated funds. RoboForex also offers MetaTrader 4 MultiTerminal (Multi Account Manager), allowing traders to manage multiple accounts from one master solution. | Trade Nation Seychelles offers signals and copy trading. These are attractive options for beginners and those looking to a hands-off approach to online trading. You can leverage the expertise of seasoned traders to speculate on popular financial markets, including forex, stocks and commodities. |
| Social Trading |
| Yes | No |
| Trade Signals |
| Yes | Yes |
| VPS Hosting |
| No | No |
| Tournaments |
| No | No |
| Demo Competitions |
| Yes | No |
| Ethical Investing |
| No | No |
| Custodial Account |
| No | No |
| Guaranteed Stop Loss |
| No | No |
| Inactivity Fee |
| $0 | $0 |
| Islamic Account |
| Yes | Yes |
| Account Currencies |
| |
| Stock Exchanges |
- Dow Jones
- Nasdaq
- New York Stock Exchange
- SIX Swiss Exchange
| - Australian Securities Exchange
- CAC 40 Index France
- DAX GER 40 Index
- Deutsche Boerse
- Dow Jones
- Euronext
- FTSE UK Index
- Hang Seng
- Hong Kong Stock Exchange
- IBEX 35
- Japan Exchange Group
- London Stock Exchange
- Nasdaq
- New York Stock Exchange
- SIX Swiss Exchange
|
| Commodities |
| - Aluminium
- Copper
- Gold
- Oil
- Silver
- Zinc
|
| CFD Trading |
| There's a huge selection of 12000+ CFDs covering forex, stocks, indices, ETFs, commodities and futures. Micro lot trading is available and you can start with just $10 - ideal for beginners or traders on a budget. Additionally, the loyalty bonuses will serve seasoned day traders. | Trade leveraged CFDs on over 1000 assets with low-cost spreads. You can also take advantage of the broker's integrated signals to help you determine when to enter and exit positions. |
| Leverage |
| 1:2000 | 1:500 (entity dependent) |
| FTSE Spread |
| N/A | From 0.4 |
| GBPUSD Spread |
| 2 | From 0.6 |
| Oil Spread |
| 5.2 | From 3.0 |
| Stocks Spread |
| 0.1 | Variable |
| Forex Trading |
| RoboForex offers over 30 currency pairs with tight spreads from 0 pips. Forex traders have a choice of leading platforms including MT4, MT5 and an in-house web trader. The CopyFX system also lets you mirror experienced currency traders with a $100 minimum investment. | Trade Nation offers over 30 of the most popular forex pairs with variable spreads. Traders can access a slick proprietary platform or MetaTrader 4, with real-time forex market updates and insights via 'Smart News'. |
| GBPUSD Spread |
| 2.0 | Variable |
| EURUSD Spread |
| 1.4 | Variable |
| EURGBP Spread |
| 1.6 | Variable |
| Assets |
| 30+ | 33 |
| Cryptocurrency |
| Crypto trading not offered | Cryptocurrencies are available through the broker's Bahamas entity. Traders can access thousands of indicators to tailor their crypto trading strategies and there are no hidden charges. |
| Spread |
| Variable | Fixed |
| Coins |
| |
| Crypto Lending |
| No | No |
| Crypto Mining |
| No | No |
| Crypto Staking |
| No | No |
| Auto Market Maker |
| No | No |
|
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|
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| RoboForex Ltd and its affiliates do not target EU/EEA/UK clients. Please be aware that you are able to receive investment services from a third-country firm at your own exclusive initiative only, taking all the risks involved. | 84% of retail investor accounts lose money when trading CFDs with this provider. |
| More Comparisons |
RoboForex
vs
| Trade Nation
vs
|
Traders from US not accepted 