RoboMarkets vs JFD Bank

RoboMarkets vs JFD Bank Comparison Table 2023
RoboMarkets Review 2023	JFD Bank Review 2023
Review 3 We do not recommend RoboMarkets. Customer Service performed very badly in our experience.	Review 2.3
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
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.	JFD Bank is a one-stop multi-asset broker that offers trading on 1500+ instruments from 8 asset classes using the popular MetaTrader 4 and MetaTrader 5 and lesser-known Guidants trading platforms. With more than 60 forex pairs and 400 shares as well as indices, ETFs, commodities and cryptocurrencies, this broker provides the flexibility to build a diverse portfolio.
Comment by Reviewer
"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."	"JFD Bank will suit traders familiar with the MetaTrader platforms looking to speculate on a wide range of instruments, especially stocks."
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	Powerful MetaTrader software will meet the needs of experienced traders Excellent range of products with 1500+ assets Regulated by the CySEC in Europe Free demo account for new users Commission-free stock trading Award-winning broker
Cons
European traders only Very weak customer support Withdrawal fees apply to various methods Small selection of educational materials compared to other brokers	Customer support is not available on the weekend $500 minimum deposit is high for beginners Wide spreads on some forex pairs
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	Fastest Growing Forex Broker Europe 2020 - Global Banking & Finance Review Best OTC Brokerage Western Europe 2020 - International Business Magazine Fastest Growing Financial service company Western Europe 2020 - International Business Magazine
Instruments
Forex, CFDs, indices, shares, commodities, ETFs	Forex, CFDs, indices, shares, commodities, cryptocurrencies, ETFs
Demo Account
Yes	Yes
Minimum Deposit
$100	$500
Trading Platforms
MT4 MT5	MT4 MT5
Payment Methods
Boleto Credit Card ecoPayz FasaPay Giropay Mastercard Neteller PayPal Rapid Transfer Skrill Visa WebMoney Wire Transfer	Credit Card Mastercard Neteller SafeCharge Skrill Sofort Visa
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
CySEC	CySEC, VFSC, BaFin
Margin Trading
Yes	No
STP Account
Yes	No
ECN Account
Yes	No
DMA Account
No	Yes
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	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	No
Mobile Apps
iOS & Android	Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader	Yes
Copy Trading
Yes	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.	JFD Bank offers mirror trading to retail investors with multiple providers and strategies to copy.
Social Trading
Yes	Yes
Trade Signals
Yes	Yes
VPS Hosting
No	No
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
Yes	No
Account Currencies
USD EUR GBP CHF PLN CZK	USD EUR GBP CHF
Stock Exchanges
Deutsche Boerse IBEX 35 Japan Exchange Group New York Stock Exchange
Commodities
Gold Natural Gas Silver	Gold Silver
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.	CFD trading on stocks, indices, commodities, ETFs and crypto, with leverage up to 1:30 for retail traders or 1:400 for professionals. Zero-fee CFDs are available on stocks and crypto, and spreads are floating.
Leverage
1:30 (Retail), 1:300 (Pro)	1:400
FTSE Spread
0.5	6.0
GBPUSD Spread
2.0	3.5
Oil Spread
4.4	Floating
Stocks Spread
Variable	Variable
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.	66 forex pairs are available including majors, minors and exotics. Spreads are variable and relatively wide at 3.5 for GBP/USD and 1.8 for EUR/USD when tested, and leverage for retail traders is limited by regulatory restrictions to 1:30.
GBPUSD Spread
2.0	3.5
EURUSD Spread
1.4	1.8
EURGBP Spread
1.6	1.3
Assets
35+	66
Cryptocurrency
Crypto trading not offered	JFD Bank offers CFDs on a narrow selection cryptocurrency pairs: BTC/USD, BCH/USD, ETH/USD and LTC/USD. Spreads are variable and clients can trade cryptos 24/7.
Spread
Variable	Floating
Coins
ADA ATOM BNB BTC DOT ETH LUNA MANA SOL	BTC LTC ETH XRP
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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