RoboMarkets Review 2023

We do not recommend RoboMarkets. Customer Service performed very badly in our experience.
Please see the list of similar brokers or the Best Brokers List for alternatives.
/ 5
RoboMarkets is #107 in our CFD broker rankings.

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.

- DayTrading Review Team

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.


Demo Account

Copy Trading

Award Winning
MT4, MT5
Forex, CFDs, indices, shares, commodities, ETFs
Wire Transfer, Neteller, Credit Card, PayPal, Skrill
and 8 more

Forex Trading

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.

Stock Trading

Invest in thousands of stocks and ETFs with no commissions or overnight fees. You can also make use of the broker's blog which publishes frequent stock market updates and investment ideas.

CFD Trading

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.

Copy Trading

RoboMarkets offers a bespoke copy trading service - CopyFX. Clients can use the broker's leaderboard to pick traders and strategies to follow.


  • 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

✓ Pros

  • 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

  • European traders only
  • Very weak customer support
  • Withdrawal fees apply to various methods
  • Small selection of educational materials compared to other brokers

RoboMarkets is a European broker offering trading on 12,000+ instruments across several asset classes. Clients can connect to the financial markets using the globally recognised MT4 and MT5, plus the proprietary R Trader terminal. Our review covers spreads and trading fees, account registration and login, account types, and more. Find out whether to sign-up to RoboMarkets and start trading.


RoboMarkets was established in 2012 and is regulated by the Cyprus Securities and Exchange Commission (CySEC), a highly regarded financial body. The company is registered as a legal investment company in 29 European countries and has picked up multiple awards in recent years.

More than 290,000 trading accounts have now been opened with the popular forex and CFD broker who is also the official sponsor of BMW M Motorsport.


RoboMarkets offers three platform options; the industry-established MetaTrader 4 and MetaTrader 5, plus the broker’s bespoke R Trader. MT4 and MT5 are available for free download to desktop devices or via major web browsers. R Trader is available as a webtrader only.


The most popular trading terminal with retail traders, the user-friendly interface offers a range of analytical tools and features:


Designed for traders that require speed and reliability while undertaking sophisticated financial analysis, features include:

R Trader

A powerful web-based platform with advanced charting capabilities:

RoboMarkets proprietary platform
R Trader


RoboMarkets offers clients trading opportunities in 12,000+ instruments across various global markets:

Note, the number of available instruments varies by account type. Also, cryptos like Bitcoin are not available to any users.

2021 also saw RoboMarkets introduce fractional stock trading. Clients can use the R Trader terminal to open and close positions with competitive commission rates available.


Spreads and commission vary by account type and instrument.

ProCent – floating spreads from 0.0 pips: The average spread for the GBP/USD currency pair is 2.0 pips, broker revenue 1.3 pips. Silver vs US Dollar (spot) is offered at an average of 1.7 pips with broker revenue of 0.8 pips. Commission-free with spreads and swaps payable.

Pro – floating spreads from 1.3 pips: The average spread for GBP/USD currency pair is 2.0 pips, broker revenue 1.3 pips. US500 Index Cash is offered at an average of 0.87 pips with broker revenue of 0.6 pips. Commission-free with spreads and swaps payable.

ECN – floating spreads from 0.0 pips: Commission of $20 per million traded on currency pairs and metals. $200 per million traded on US stock CFDs and $5 per million traded on CFD indices.

Prime – floating spreads from 0.0 pips: Commission of $10 per million traded on currency pairs and metals. $4 per million traded on CFD indices and $150 per million traded on US stocks CFDs.

Other fees to consider include overnight swap rates for positions held into the next day. Our review was pleased to see no inactivity or maintenance fees.

RoboMarkets Leverage

As an EU-regulated broker, the CEO has ensured that leverage is capped at 1:30 for retail clients. Margin requirements may also vary based on trader experience and knowledge. This is determined at the registration stage.

The maximum leverage rates available are:

Note, professional traders can qualify for leverage up to 1:300.

Mobile Trading

All platforms offered by RoboMarkets offer mobile app compatibility. These are available for free download to iOS and Android devices. All mobile terminals provide access to full trading features and portfolio account management while on the go. Free and instant deposits can be made, pattern recognition technology can be used, and in-app support is offered. Clients can also set up watchlists and utilise instant and pending orders.

RoboMarkets mobile trading
RoboMarkets app



The minimum deposit for all live accounts is $100/£100/€100, though some payment methods may have their own requirements. The broker does not charge a deposit fee and accepted currencies vary by method.

Debit & Credit Cards

Electronic Payments

Bank Payments

12 global banks are available as payment options. Visit the broker’s website for accepted bank payments by country, processing times, and minimum deposits. Options include:


Withdrawal fees are charged on all methods, though two free withdrawals can be made each month. Withdrawal solutions are limited vs deposit options.

Debit & Credit Cards

Bank Payments

Electronic Payments

All electronic payment options come with a processing time of up to 1 working day:

Demo Account

RoboMarkets offers three free demo accounts, available on all platforms. Trading parameters and access to asset classes are identical to live accounts. These simulators are a good way to test strategies or EAs risk-free with virtual funds. Demo accounts expire after 90 days, however clients can open any number of paper trading accounts. A simple online registration form is required.

RoboMarkets Bonuses

Due to EU regulations, RoboMarkets does not offer any bonuses or financial incentives to retail traders. With that said, a deposit bonus of up to 120% is offered to professional traders and free withdrawals are available twice per month. Keep an eye on the broker’s social media channels and official website in case any new promotions are released.

Regulation Review

RoboMarkets Ltd is registered as a legal investment company in 29 European countries including the UK and Germany. The broker is regulated by the Cyprus Securities and Exchange Commission (CySEC) – a highly regarded regulatory body.

Traders benefit from a negative balance protection policy and segregated client funds. The company is also a member of the Investor Compensation Fund (ICF). This provides retail traders with compensation protection up to €20,000 in the case of business insolvency. Finally, RoboMarkets has a civil liability insurance programme where company liabilities are protected up to €5 million.

Additional Features

RoboMarkets provides a variety of tools and educational instruments including webinars, designed for both new and experienced investors. The trading tips published on the broker’s website are a good place to start.

An analytics centre is also provided free of charge. This is available in web browsers or can be downloaded via the relevant app store to iOS and Android devices. Analytics includes currency forecasts, technical indicators and signals, forums, blogs, and video reviews. Additionally, an economic calendar is integrated on the broker’s website along with a comprehensive tutorial section covering how to open an account, how to login to the member’s area, platform features, and more.

For automated traders, StrategyQuant allows for sophisticated bot development. This is free for one month with a $50 monthly fee thereafter. This is a good option for investors looking to take their trading to the next level.

Finally, RoboMarkets offers a bespoke copy trading platform; CopyFX. Clients must complete the registration process and make a deposit to access copy trading features. Investors can then analyse the financial performance, risk appetite and trading history of potential master traders before mirroring their positions.

RoboMarkets copy trading

Live Accounts

RoboMarkets offers five accounts suitable for beginners up to advanced traders. All accounts have the same minimum deposit requirement of $100/€100/£100 and minimum order volumes from 0.01 lots. Instruments, spreads and platform access varies by account. An Islamic swap-free solution is also available upon request. Base account currencies include USD, EUR, CHF and GBP.


This account offers the best available conditions and is aimed at experienced traders:


Aimed at experienced traders with advanced trading conditions that lend themselves to scalping strategies, among others:


An algorithm-based testing account that supports 100x denominated monetary units of the base currency:


The most popular trading account among retail traders of all experience levels:

R Trader

A unique multi-asset web account with access to all major financial markets:

Trading Hours

Opening hours vary by instrument. The forex market is open 24/5, Monday to Friday. RoboMarkets terminals operate on a UTC +2 server time. A calendar with details of market holidays is published on the broker’s website.

Customer Support

Users can get in touch with the customer support team 24/7 via:

A comprehensive FAQ section is also available. Our review was pleased with the high-quality and reliable support offered.

Note, head to the company website for its office addresses in other locations, including Frankfurt.


RoboMarkets offers a relatively secure trading environment. The member’s area and platforms are password protected. The broker also offers two-step authentication which includes SMS and backup code authorisation for account login and payments. Industry-standard data privacy protocols are followed too.

RoboMarkets Verdict

RoboMarkets is an established multi-asset broker popular with traders in Europe. Benefits include CySEC regulation, a free demo account, 24/7 customer support and low minimum deposit requirements. Zero-pip spreads with the advanced accounts and ECN solutions will also be welcome news to high-volume traders.

Accepted Countries

RoboMarkets only accepts traders from Belgium, Bulgaria, Czech Republic, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland, Sweden, United Kingdom.

Payment Methods

RoboMarkets Details

Minimum Trade 0.01 Lots
Regulated By CySEC
Account Types
  • STP
  • ECN
  • MAM
  • LAMM
Islamic Account Yes
Mobile Apps iOS & Android
Margin Trading Yes
Volatility Index No
Spot Trading No
Perpetual Swaps No
AI / Machine Learning No
Robo Advisor No
P2P Trading No
Negative Balance Protection No
VPS Hosting No
Tournaments No
Demo Competitions No
Managed Accounts No
Market Maker No
Auto Trading Expert Advisors (EAs) on MetaTrader
Social Trading Yes
Trade Signals Yes
Guaranteed Stop Loss No
Stock Exchanges
  • Deutsche Boerse
  • IBEX 35
  • Japan Exchange Group
  • New York Stock Exchange
  • Gold
  • Natural Gas
  • Silver

CFD Trading Details

FTSE Spread 0.5
GBPUSD Spread 2.0
Oil Spread 4.4
Stocks Spread Variable
Leverage 1:30 (Retail), 1:300 (Pro)

Forex Trading Details

GBPUSD Spread 2.0
EURUSD Spread 1.4
EURGBP Spread 1.6
Assets 35+

Compare RoboMarkets

Compare RoboMarkets with similar brokers that accept traders from your location. Among available brokers these are the most similar to RoboMarkets:

  1. Just2Trade – Just2Trade is a reliable multi-regulated broker registered with FINRA, NFA and CySEC. The company has 155,000 clients from 130 countries and stands out for its huge suite of instruments and additional features, including a social network, robo advisors and a funded trader programme.
    Go to Just2Trade
  2. IG Group – IG is an award-winning broker that has an excellent reputation globally. The brand-US offers spread betting, CFD and forex trading across a comprehensive suite of markets. IG is also multi-regulated, provides a great trading app and has 50 years experience.
    Go to IG Group
  3. World Forex – World Forex is an offshore broker registered in St Vincent and the Grenadines, offering commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets.
    Go to World Forex

RoboMarkets Comparison Table

Compare RoboMarkets With Similar Brokers
RoboMarkets Just2Trade IG Group World Forex
Rating 3 3.5 4.4 4
Markets Forex, CFDs, indices, shares, commodities, ETFs Stocks, ADRs, ETFs, Futures, Options, Commodities, Bonds CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts
Demo Account Yes Yes Yes Yes
Minimum Deposit $100 $100 $0 $1
Minimum Trade 0.01 Lots 0.01 Lots 0.01 Lots 0.01 Lots
Bonus Up to $2,000 for professional accounts 100% Deposit Bonus
Education No No Yes No
Platforms MT4, MT5 MT4, MT5, TradingCentral MT4, AutoChartist, TradingCentral MT4, MT5
Leverage 1:30 (Retail), 1:300 (Pro) 1:20 1:30 (Retail), 1:250 (Pro) 1:1000
Payment Methods 13 20 6 10
Visit Visit Visit Visit
Review RoboMarkets
IG Group
World Forex

Compare Trading Instruments

Compare the markets and instruments offered by RoboMarkets and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare RoboMarkets Trading Instruments
RoboMarkets Just2Trade IG Group World Forex
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil No Yes Yes Yes
Gold Yes Yes Yes Yes
Copper No No Yes No
Silver Yes Yes Yes Yes
Corn No No No No
Crypto No Yes Yes Yes
Futures No Yes Yes No
Options No Yes Yes No
ETFs No Yes Yes No
Bonds No Yes Yes No
Warrants No No Yes No
Spreadbetting No No Yes No
Volatility Index No No Yes No

RoboMarkets vs Other Brokers

Compare RoboMarkets with any other broker by selecting the other broker below.

RoboMarkets vs


What Is The Minimum Deposit Requirement To Open A RoboMarkets Account?

The minimum deposit for a live account is £100/$100/€100. This is a lower entry requirement than some competitors, for example vs XTB that mandates a £200/$200/€200 deposit.

Is RoboForex The Same As RoboMarkets?

Whilst owned by the same company, RoboForex is a Belize-based brokerage aimed at global clients where RoboMarkets is the CySEC-regulated arm operating in the European market. RoboForex is a good option for traders based in Asia, the Nordic regions and the Baltics, among others.

What Trading Platforms Does RoboMarkets Offer?

RoboMarkets offers three trading platforms compatible with desktop and mobile devices. Retail clients can trade on the globally recognised MT4 and MT5, plus the broker’s proprietary R Trader. A user-friendly copy trading solution is also available to account holders.

Is RoboMarkets Regulated?

Yes, RoboMarkets Ltd is a European broker regulated by the Cyprus Securities and Exchange Commission (CySEC). As a result, clients benefit from negative balance protection, leverage caps and an investor compensation fund.

Does RoboMarkets Offer A Demo Account?

Yes, RoboMarkets offers three free demo accounts, available on all trading platforms. This is a good way to test strategies risk-free. It’s quick and easy to transition over to a live account when you feel ready.

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.