Trade Republic vs RoboForex

Trade Republic vs RoboForex Comparison Table 2023
Trade Republic RoboForex
Not Yet Rated
4.5
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Trade Republic is a German-based mobile-only securities bank and stockbroker that supports stocks, derivatives and crypto trading.

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 traders.

Bonus Offer
$30 welcome deposit bonus
Promotions

RoboForex Is Topping Up Accounts By Up To 10%

Comment by Reviewer
"RoboForex is a good pick for traders looking for a wide range of markets with welcome bonuses and loyalty promotions."
Pros
  • Commission-free trading on US stocks
  • Choice of leading platforms, including MT4 and MT5
  • ECN and Prime accounts for active traders with low fees
  • Automated trading permitted with user-friendly robot builders
  • Accessible payment methods including PayPal
  • VPS server for 24/7 uninterrupted trading
  • Respected brand regulated by the CySEC
  • Two free withdrawals each month
  • Low deposit for newer traders
Cons
  • Instruments and fees vary between platforms
  • Demo account expires after 90 days
  • Average range of currencies
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, Indices, Derivatives, Cryptos Forex, CFDs, indices, shares, commodities, cryptocurrencies, cryptoindices, ETFs
Demo Account
No Yes
Minimum Deposit
$0 $10
Payment Methods
Minimum Trade
0.01 lots 0.01 lots
Regulator
BaFin, Bundesbank IFSC
Margin Trading
No No
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No Yes
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
Yes 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
Yes Yes
Mobile Apps
iOS & Android Yes
Auto Trading
Yes
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
  • EUR
  • USD
  • EUR
Stock Exchanges
Commodities
CFD Trading
Trade Republic offers over 40,000 derivatives assets, including CFDs, with no commission charges or spread mark-ups. 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
Market N/A
GBPUSD Spread
Market 2
Oil Spread
Market 5.2
Stocks Spread
Market From 0.1
Forex Trading
Trade Republic offers derivatives trading on a range of currencies for its European clients. Trade over 40 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
Market 2
EURUSD Spread
Market 1.4
EURGBP Spread
Market 1.6
Assets
Limited 40+
Cryptocurrency
Trade Republic supports derivatives trading on four leading cryptocurrencies. Trade over 30 leading cryptos against the USD and EUR. Digital currencies are available on the user-friendly R StockTrader platform. New users can start trading cryptos in three easy steps.
Spread
Market Variable
Coins
  • BTC
  • ETH
  • LTC
  • BCH
  • BTC
  • ETH
  • XRP
  • LTC
  • DSH
  • BCH
  • EOC
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Binary options are offered on popular financial markets. Binary options trading not offered
Payout
Undisclosed%
Ladder Options
No No
Boundary Options
No No
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