eToro vs RoboMarkets

eToro vs RoboMarkets Comparison Table 2023
eToro Review 2023	RoboMarkets Review 2023
Review 4.1	Review 3 We do not recommend RoboMarkets. Customer Service performed very badly in our experience.
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
eToro is a top-rated multi-asset platform which offers both investing in stocks and cryptoassets. Launched in 2007, the brand has millions of active traders globally and is authorized by tier one regulators, including the FCA and CySEC. Crypto Trading is offered via eToro USA LLC; Investments are subject to market risk, including the possible loss of principal. CFDs are not available in the US Cryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply. 77% of retail accounts lose money.	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 three 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.
77% of retail investor accounts lose money when trading with this provider. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Comment by Reviewer
"eToro is a great pick for traders who want to trade CFDs with copy trading and other social investing features. The brand is hugely respected with a string of awards and strong regulatory oversight."	"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
25M+ user community Industry-leading copy trading app Commission-free stock trading Islamic/Halal-friendly account Good user reviews and app rankings Low minimum deposit requirement Multiple orders including take profits Digital wallet with multiple currencies Trustworthy and award-winning company Comprehensive online training academy Demo account with access to virtual funds	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
Fee to withdraw revenue Limited contact methods No guaranteed stop loss No MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms Currency conversion fees for account denominations other than USD	European traders only Very weak customer support Withdrawal fees apply to various methods Small selection of educational materials compared to other brokers
Awards
Best of Show Award 2012 - Finovate Europe Most Innovative Trading Platform 2010 - World Finance Awards Best Trading Software 2011 - World Finance Awards	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
Crypto	Forex, CFDs, indices, shares, commodities, ETFs
Demo Account
Yes	Yes
Minimum Deposit
$10	$100
Trading Platforms
TradingCentral	MT4 MT5
Payment Methods
Debit Card iDeal Klarna Neteller POLi Rapid Transfer Skrill Sofort Swift Visa Wire Transfer	Boleto Credit Card ecoPayz FasaPay Giropay Mastercard Neteller PayPal Rapid Transfer Skrill Visa WebMoney Wire Transfer
Minimum Trade
$10	0.01 Lots
Regulator
FCA, ASIC, CySEC, FSA	CySEC
Margin Trading
Yes	Yes
Margin Rate
1%
STP Account
Yes	Yes
ECN Account
Yes	Yes
DMA Account
No	No
MAM Account
No	Yes
PAMM Account
No	No
LAMM Account
No	Yes
Demat Account
No	No
AI / Machine Learning
Yes	No
Robo Advisor
No	No
Negative Balance Protection
Yes	No
Market Maker
Yes	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
iOS, Android & Windows	iOS & Android
Auto Trading
Automate your trades via Copy Trading - follow profitable traders. Open and close trades automatically when they do.	Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	Yes
Copy Trading Platform
One of the best proprietary platforms currently on the market is the award-winning eToro CopyTrader (at no additional cost for eToro clients). The web-based platform includes a user-friendly and interactive layout and also comes with social features, including a community chat. Copy trading on crypto trades only.	RoboMarkets offers a bespoke copy trading service - CopyFX. Clients can use the broker's leaderboard to pick traders and strategies to follow.
Social Trading
Yes	Yes
Trade Signals
Yes	Yes
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
Yes	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$10
Islamic Account
Yes	Yes
Account Currencies
USD	USD EUR GBP CHF PLN CZK
Stock Exchanges
Australian Securities Exchange Borsa Italiana 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 Korean Stock Exchange London Stock Exchange National Stock Exchange Of India New York Stock Exchange Russell 2000 S&P 500 Shanghai Stock Exchange SIX Swiss Exchange Tokyo Commodity Exchange Taiwan Stock Exchange	Deutsche Boerse IBEX 35 Japan Exchange Group New York Stock Exchange
Commodities
Aluminium Cocoa Coffee Cannabis Copper Corn Cotton Gasoline Gold Iron Lead Lithium Livestock Nickel Oil Palladium Platinum Precious Metals Silver Soybeans Sugar Wheat	Gold Natural Gas Silver
CFD Trading
Trade CFDs on over 3,000 assets and enjoy rich market data through integrated TradingView charts. There is also comprehensive free learning tools via the eToro Academy, ideal for beginners. Fees are low and leverage is in line with regulatory requirements, helping to provide a secure trading environment.	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
1.5 pt	0.5
GBPUSD Spread
2 pips	2.0
Oil Spread
5 pts	4.4
Stocks Spread
0.24% Var	Variable
Forex Trading
An impressive selection of 52 currencies are tradeable on eToro's proprietary platform and app. Traders can also continuously hone their forex strategies by switching between demo mode and their live account any time.	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.
Forex App
eToro bring their social trading platform to your mobile, enabling you to copy trades, manage your account and invest via Android or iOS. Trade the key forex pairs from the palm of your hand.
GBPUSD Spread
2 pips	2.0
EURUSD Spread
1.5 pips	1.4
EURGBP Spread
1.5 pips	1.6
Assets
49	35+
Currency Indices
USD
Cryptocurrency
eToro leads the way in cryptocurrency trading. The lowest spreads (from 1% for BTC), their own wallet service and the largest number of cryptos to trade in the market. Cryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply.	Crypto trading not offered
Spread
BTC 1%, ETH 2%	Variable
Coins
BTC ETH BCH XRP DASH LTC ETC ADA MIOTA XLM EOS NEO ZEC BNB VET	ADA ATOM BNB BTC DOT ETH LUNA MANA SOL
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
77% of retail investor accounts lose money when trading with this provider. eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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