Bamboo vs RoboForex

Bamboo vs RoboForex Comparison Table 2023
Bamboo	RoboForex
Review 2.6	Review 4.5
Traders from US not accepted	Traders from US not accepted See available CFD brokers
Bamboo offers trading on US and Nigerian stocks and ETFs with fractional investing and a beginner-friendly mobile app. The firm is NG and US SEC regulated and US stocks are insured through the SIPC. You can open a Bamboo account in three straightforward steps.	RoboForex is a global broker launched in 2009. 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.
	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.
Bonus Offer
	$30 No Deposit Bonus
Promotions
	RoboForex Is Topping Up Accounts By Up To 10%
Comment by Reviewer
"Traders in Nigeria and Ghana looking for a quick and straightforward way to access the US stock market should consider Invest Bamboo. The app is easy-to-use with a modern design that will appeal to new investors."	"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."
Pros
Easy-to-use, streamlined mobile and laptop apps make investing straightforward Hassle-free access to US stocks and ETFs for regional investors Earn up to 8% with the fixed return scheme US insurance protection Low minimum deposit Simple to sign up	There's an excellent choice of leading platforms, including MT4 and MT5 and the broker's R Stocks Trader 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 ECN and Prime accounts are available for active day traders looking for low fees Automated trading is permitted in all platforms, with user-friendly robot builders The low $10 minimum deposit is ideal for beginners and those on a budget You can access commission-free trading on thousands of US stocks Accessible payment methods are available, including PayPal
Cons
Only supported in certain areas – investors outside Nigeria and Ghana may not be able to sign up More experienced users may find the app is simplistic and lacks advanced analysis tools 1.5% commission on buying and selling US stocks can add up if you trade large amounts Fixed returns only available to Nigerian customers High withdrawal fees to foreign accounts Limited customer support options Narrow range of investments No MT4 integration No demo account	The demo account expires after only 90 days, which is a smaller time limit than some competitors Based on tests, instruments and fees vary between platforms The broker's range of 40+ currency pairs is mediocre
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
Stocks, ETFs, Fixed Returns	CFDs, Forex, Stocks, Indices, Commodities, ETFs
Demo Account
No	Yes
Minimum Deposit
$10	$10
Trading Platforms
Own	R StocksTrader MT4 MT5
Payment Methods
Credit Card Debit Card Wire Transfer	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
Minimum Trade
$1	0.01 Lots
Regulator
SEC & FINRA via US partner brokers	FSC
Margin Trading
No	Yes
STP Account
No	Yes
ECN Account
No	Yes
DMA Account
No	No
MAM Account
No	Yes
PAMM Account
No	No
LAMM Account
No	Yes
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS & Android	iOS & Android, R StocksTrader
Auto Trading
	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	Yes
Social Trading
No	Yes
Trade Signals
	Yes
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	Yes
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$0
Islamic Account
No	Yes
Account Currencies
USD NGN	USD EUR
Stock Exchanges
Dow Jones Nasdaq New York Stock Exchange	Dow Jones Nasdaq New York Stock Exchange SIX Swiss Exchange
Commodities
	Gold Nickel Silver
CFD Trading
CFD trading not offered	Trade a huge selection of CFDs with more than 12,000 assets and very high leverage up to 1:2000. Micro lot trading is also available with access to interbank liquidity providers for low fees.
Leverage
	1:2000
FTSE Spread
	N/A
GBPUSD Spread
	2
Oil Spread
	5.2
Stocks Spread
	0.1
Forex Trading
Forex trading not offered	Trade 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.
GBPUSD Spread
	2.0
EURUSD Spread
	1.4
EURGBP Spread
	1.6
Assets
	30+
Cryptocurrency
Crypto trading not offered	Trade over 30 leading crypto CFDs paired with the USD and EUR. Digital currencies are available on the user-friendly R StockTrader platform. New users can start trading crypto CFDs in three easy steps.
Spread
	Variable
Coins
	No
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
	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.
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