Degiro vs RoboMarkets

DEGIRO vs RoboMarkets Comparison Table 2024
DEGIRO RoboMarkets
2.8
3
We do not recommend RoboMarkets. Customer Service performed very badly in our experience.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

DEGIRO is a Netherlands-headquartered broker with millions of users and authorization from leading regulators, including the BaFin and FCA. Clients can access global exchanges anytime, anywhere, and on any device. DEGIRO offers stock trading with exceptionally low fees and a huge range of markets. DEGIRO are not CFD brokers and do not offer CFDs.

RoboMarkets is a Cyprus-based forex, CFD and stock broker aimed at traders from Europe. The broker offers thousands of instruments across six asset classes and provides access to four leading platforms, including MetaTrader 4. With ECN pricing, Cent accounts and algorithmic trading tools, RoboMarkets caters to a range of trading strategies and investing styles.

Investing involves risk of loss
Comment by Reviewer
"Degiro is perfect for low-cost stock trading on US, UK and European markets with a straightforward platform and app. Casual investors will appreciate that there are no inactivity fees while long-term traders will rate the wide selection of ETFs." "RoboMarkets will appeal to traders from the EU and UK. A wide range of accounts and funding options alongside 12,000+ assets make it suitable for both beginners and experienced traders."
Pros
  • Low minimum deposit
  • Multiple account currencies
  • Commission-free stock trading
  • Access 50 exchanges in 30 countries
  • Beginner-friendly platform and app
  • Regulated by BaFin and FCA
  • No inactivity fee
  • 90+ global awards
  • 2+ million users
  • Wide selection of flexible and fee-free payment methods, including bank cards and e-wallets in multiple currencies
  • Remote VPS server with 24/7 high-speed connection, ideal for traders using Expert Advisors
  • Raw ECN spreads from 0 pips alongside low to zero commissions on popular markets
  • Reputable CySEC license means traders receive excellent fund safety measures
  • Trading platforms will suit a range of strategies such as scalping and algo trading
  • No inactivity fee or account maintenance charges
  • Automated dividend payments
  • Fractional stock trading
Cons
  • No copy trading
  • No demo account
  • No MT4 integration
  • No CFD trading
  • Few payment methods
  • European traders only
  • Very weak customer support
  • Withdrawal fees apply to various methods
  • Small selection of educational materials compared to other brokers
Awards
  • Best Online Broker - Qualebroker 2022 (Italy)
  • Best Broker For ETFs And Investment Funds - Qualebroker 2022 (Italy)
  • Best Discount Broker - Broker Chooser 2022 (UK)
  • Best Broker For Stock Trading - Broker Chooser 2022 (UK)
  • Safest European Broker - London Trader Show Awards
  • Best Mobile Trading Platform - Professional Trader Awards
  • Best ECN Broker (Europe) - Global Brands Magazine Awards
  • Most Trusted European Broker - Global Forex Awards Retail
  • Best Indices Broker - International Business Magazine Awards
Instruments
Stocks, ETFs, Bonds, Futures, Options, Warrants Forex, CFDs, indices, shares, commodities, ETFs
Demo Account
No Yes
Minimum Deposit
$0 $100
Trading Platforms
  • Own
  • MT4
  • MT5
  • TradingView
Payment Methods
Minimum Trade
Variable 0.01 Lots
Regulator
BaFin, FCA CySEC
Margin Trading
Yes Yes
Margin Rate
4%
STP Account
No Yes
ECN Account
No Yes
DMA Account
Yes 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
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS, Android & Windows iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
No Yes
Copy Trading Platform
RoboMarkets offers a bespoke copy trading service - CopyFX. Clients can use the broker's leaderboard to pick traders and strategies to follow.
Social Trading
No Yes
Trade Signals
Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
Yes No
Custodial Account
Yes No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • SEK
  • NOK
  • DKK
  • CHF
  • PLN
  • CZK
  • USD
  • EUR
  • GBP
  • CHF
  • PLN
  • CZK
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered Trade all markets via CFDs, with retail leverage up to 1:30. With the RStocks Trader account, clients can access over 12,000 CFDs with algorithmic analysis tools and intuitive charts.
Leverage
1:30 (Retail), 1:300 (Pro)
FTSE Spread
N/A 0.5
GBPUSD Spread
N/A 2.0
Oil Spread
N/A 4.4
Stocks Spread
N/A (Flat fee applies) Variable
Forex Trading
Forex trading not offered Start trading on dozens of currencies at RoboMarkets with powerful analysis tools and pattern recognition technology. 35+ currency pairs are available with tight spreads from 0 pips and rapid market execution. You can also utilise the broker's forex news alerts and economic calendar.
GBPUSD Spread
N/A 2.0
EURUSD Spread
N/A 1.4
EURGBP Spread
N/A 1.6
Assets
35+
Investing involves risk of loss
More Comparisons
DEGIRO
vs
RoboMarkets
vs