Compare ActivTrades vs RoboMarkets
What is ActivTrades? What is RoboMarkets?
ActivTrades is a forex and CFD broker that was founded in Switzerland in 2001 and is regulated by the Financial Conduct Authority (FCA) in the UK and the Securities Commission of the Bahamas (SCB). ActivTrades offers trading on over 500 instruments, including currencies, indices, stocks, commodities and crypto currencies, using the MetaTrader 4, MetaTrader 5 and ActivTrader platforms.
RoboMarkets is a forex and CFD broker that was founded in Cyprus in 2012 and is regulated by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Services Authority (FSA) of Seychelles. RoboMarkets offers trading on over 12,000 instruments, including currencies, stocks, indices, ETFs, commodities, metals, energies and crypto currencies, using the MetaTrader 4, MetaTrader 5, cTrader and R Trader platforms.
ActivTrades vs RoboMarkets Regulation Comparison
Both brokers are regulated by reputable authorities and comply with the European Securities and Markets Authority (ESMA) rules. However, ActivTrades has a higher level of investor protection than RoboMarkets, as it offers a Financial Services Compensation Scheme (FSCS) coverage of up to £85,000 per client in case of insolvency. RoboMarkets only offers a Investor Compensation Fund (ICF) coverage of up to €20,000 per client.
ActivTrades vs RoboMarkets Trading Assets Comparison
RoboMarkets has a wider range of trading assets than ActivTrades, as it offers more than 12,000 instruments across 10 asset classes, while ActivTrades offers over 500 instruments across 6 asset classes. RoboMarkets also has more variety in terms of crypto currencies, ETFs and stocks than ActivTrades.
ActivTrades vs RoboMarkets Trading Fees Comparison
Both brokers charge competitive fees for trading, but the exact amount depends on the account type, trading platform and instrument chosen. In general, ActivTrades has lower spreads than RoboMarkets on major currency pairs and indices, while RoboMarkets has lower commissions than ActivTrades on stocks and crypto currencies. Both brokers charge swap fees for holding positions overnight and may charge inactivity fees if the account is dormant for a certain period.
ActivTrades vs RoboMarkets Account Types Comparison
Both brokers offer different account types to suit different trading styles and preferences. ActivTrades has three account types: Classic, Advantage and Professional. The Classic account has no minimum deposit requirement and no commissions, but higher spreads. The Advantage account has a minimum deposit of $1,000 and lower spreads, but charges commissions. The Professional account has a minimum deposit of $25,000 and offers the lowest spreads and commissions, but requires meeting certain criteria to qualify. All accounts have access to all trading platforms and instruments.
RoboMarkets has five account types: Pro-Cent, Pro-Standard, ECN-Pro, Prime and R Trader. The Pro-Cent account is designed for beginners who want to trade with micro lots and low risk. The Pro-Standard account is suitable for experienced traders who want to trade with standard lots and leverage up to 1:2000. The ECN-Pro account is for advanced traders who want to trade with tight spreads and low commissions on the cTrader platform. The Prime account is for professional traders who want to trade with institutional-grade conditions on the MetaTrader 4 and MetaTrader 5 platforms. The R Trader account is for traders who want to trade with stocks, ETFs and crypto currencies on the web-based R Trader platform. All accounts have access to all trading instruments except for R Trader.
ActivTrades vs RoboMarkets Deposit Options Comparison
Both brokers offer a variety of deposit and withdrawal options for their clients, including bank wire transfer, credit/debit cards, e-wallets and local payment methods.
However, RoboMarkets has more options than ActivTrades, as it supports over 20 payment methods such as Skrill, Neteller, WebMoney, FasaPay, Perfect Money and more. ActivTrades only supports 9 payment methods such as PayPal, Sofort, Trustly and more.
ActivTrades vs RoboMarkets Trading Platforms Comparison
Both brokers offer multiple trading platforms for their clients to choose from according to their preferences and needs. ActivTrades offers three platforms: MetaTrader 4, MetaTrader 5 and ActivTrader. MetaTrader 4 and MetaTrader 5 are popular platforms that offer advanced charting tools, technical indicators, automated trading systems and market news. ActivTrader is a proprietary platform that offers a user-friendly interface, fast execution, smart order types and trading signals.
RoboMarkets offers four platforms: MetaTrader 4, MetaTrader 5, cTrader and R Trader. MetaTrader 4 and MetaTrader 5 are similar to ActivTrades’ platforms, but with some additional features such as market depth, economic calendar and copy trading. cTrader is a platform that offers a transparent and fast execution, level II pricing, advanced order types and custom indicators. R Trader is a platform that offers a web-based trading environment, access to over 12,000 instruments, one-click trading and robo-advisors.
ActivTrades vs RoboMarkets Analytical Tools Comparison
Both brokers provide their clients with various analytical tools to help them make informed trading decisions. ActivTrades offers tools such as market sentiment, trading signals, economic calendar, market news and analysis, webinars and educational resources. RoboMarkets offers tools such as market sentiment, trading signals, economic calendar, market news and analysis, webinars, educational resources and robo-advisors.
ActivTrades vs RoboMarkets. Which forex broker is better? Which forex broker should you choose?
There is no definitive answer to which forex broker is better, as it depends on your personal preferences, trading style, goals and risk appetite. However, you can consider some of the following factors to help you choose:
- Regulation and Protection: If you value security and peace of mind, you may prefer ActivTrades over RoboMarkets, as it has a higher level of investor protection and is regulated by more reputable authorities.
- Trading Assets and Variety: If you want to diversify your portfolio and trade with a wide range of instruments, you may prefer RoboMarkets over ActivTrades, as it offers more than 12,000 instruments across 10 asset classes, including crypto currencies, ETFs and stocks.
- Trading Fees and Costs: If you want to save on trading costs and optimize your profits, you may prefer ActivTrades or RoboMarkets depending on the instrument and platform you choose. In general, ActivTrades has lower spreads on major currency pairs and indices, while RoboMarkets has lower commissions on stocks and crypto currencies.
- Account Types and Features: If you want to customize your trading experience and access different features and benefits, you may prefer ActivTrades or RoboMarkets depending on the account type you choose. ActivTrades has three account types that differ in minimum deposit, spreads and commissions. RoboMarkets has five account types that differ in lot size, leverage, platform and instruments.
- Deposit and Withdrawal Options: If you want to fund your account and withdraw your profits with ease and convenience, you may prefer RoboMarkets over ActivTrades, as it supports more payment methods than ActivTrades.
- Trading Platforms and Tools: If you want to trade with advanced and user-friendly platforms and tools, you may prefer ActivTrades or RoboMarkets depending on the platform and tool you choose. ActivTrades offers three platforms: MetaTrader 4, MetaTrader 5 and ActivTrader. RoboMarkets offers four platforms: MetaTrader 4, MetaTrader 5, cTrader and R Trader. Both brokers provide various analytical tools such as market sentiment, trading signals, economic calendar, market news and analysis, webinars and educational resources.
Ultimately, the best way to decide which forex broker is better for you is to try them out yourself. You can open a demo account with both brokers and test their services before making a final decision.
