Compare Land-FX vs RoboMarkets
What is Land-FX? What is RoboMarkets?
Land-FX is a forex and CFD broker that offers trading on various instruments, such as currency pairs, metals, indices, commodities, and cryptocurrencies. Land-FX is regulated by the Financial Conduct Authority (FCA) in the UK and the Financial Services Authority (FSA) in Saint Vincent and the Grenadines.
RoboMarkets is a multi-asset broker that provides access to trading over 12,000 instruments, including forex, stocks, indices, metals, commodities, and cryptocurrencies. RoboMarkets is regulated by the Cyprus Securities and Exchange Commission (CySEC) in Cyprus and the International Financial Services Commission (IFSC) in Belize.
Land-FX vs RoboMarkets Regulation Comparison
Land-FX and RoboMarkets have different regulatory statuses in different jurisdictions. Land-FX has a higher trust score of 80 out of 99, while RoboMarkets has a lower trust score of 71 out of 99.
Land-FX is authorized by one tier-1 regulator (the FCA), while RoboMarkets is not authorized by any tier-1 regulators. Both brokers are authorized by one tier-2 regulator (the FSA for Land-FX and the CySEC for RoboMarkets). Land-FX is not authorized by any tier-3 or tier-4 regulators, while RoboMarkets is authorized by one tier-3 regulator (the IFSC) and two tier-4 regulators (the National Bank of the Republic of Belarus and the Financial Services Authority of Seychelles).
Land-FX vs RoboMarkets Trading Assets Comparison
Land-FX and RoboMarkets offer different trading assets to their clients. Land-FX offers 70 forex pairs, 11 indices, 4 metals, 3 energy commodities, 2 soft commodities, and 5 cryptocurrencies. RoboMarkets offers 36 forex pairs, 11 indices, 8 metals, 4 energy commodities, 6 soft commodities, 26 cryptocurrencies, and more than 12,000 stocks. RoboMarkets has a wider range of trading assets than Land-FX, especially in terms of stocks and cryptocurrencies.
Land-FX vs RoboMarkets Trading Fees Comparison
Land-FX and RoboMarkets have different trading fees depending on the account type and the trading instrument. Land-FX offers four account types: Standard, ECN, Zero Spread, and Swap Free. The minimum deposit for all account types is $10. The average spread for EUR/USD is 0.9 pips on Standard accounts, 0 pips on ECN accounts (with a commission of $0.3 per lot), 0 pips on Zero Spread accounts (with a commission of $0.8 per lot), and 1 pip on Swap Free accounts.
RoboMarkets offers five account types: Pro-Cent, Pro-Standard, Prime, ECN-Pro NDD, and R StocksTrader. The minimum deposit for Pro-Cent and Pro-Standard accounts is $10. The minimum deposit for Prime and ECN-Pro NDD accounts is $100. The minimum deposit for R StocksTrader accounts is $1000. The average spread for EUR/USD is 1.6 pips on Pro-Cent accounts, 1.3 pips on Pro-Standard accounts, 0 pips on Prime accounts (with a commission of $2 per lot), 0 pips on ECN-Pro NDD accounts (with a commission of $2 per lot), and 0 pips on R StocksTrader accounts (with no commission). RoboMarkets also offers zero commission trading on certain NYSE and NASDAQ stocks on R StocksTrader accounts.
Land-FX vs RoboMarkets Account Types Comparison
Land-FX offers four account types: Standard, ECN, Zero Spread, and Swap Free. RoboMarkets offers five account types: Pro-Cent, Pro-Standard, Prime, ECN-Pro NDD, and R StocksTrader.
Land-FX and RoboMarkets have different account types that cater to different trading styles and preferences. Land-FX’s account types are mainly differentiated by the spread and commission structure, as well as the availability of swap-free option for Islamic traders. RoboMarkets’ account types are mainly differentiated by the execution type (instant or market), the trading platform (MT4/5 or R StocksTrader), the leverage level (up to 2000:1 or up to 1000:1), and the minimum deposit requirement. RoboMarkets also offers a special type of account for Swedish clients called ISK (Investment Savings Account), which has improved conditions for trading US stocks and ETFs.
Land-FX vs RoboMarkets Deposit Options Comparison
Land-FX and RoboMarkets have different deposit and withdrawal options for their clients. Land-FX supports various payment methods, such as bank wire transfer, credit/debit cards, Skrill, Neteller, FasaPay, Perfect Money, Bitcoin, Ethereum, Tether USD. RoboMarkets supports various payment methods as well, such as bank wire transfer, credit/debit cards, Skrill, Neteller, WebMoney, FasaPay, Perfect Money, AdvCash, Bitcoin, Ethereum, Litecoin, Bitcoin Cash. Both brokers do not charge any fees for deposits, but they may charge fees for withdrawals depending on the payment method and the amount. Land-FX offers free withdrawal of funds twice a month. RoboMarkets offers free withdrawal of funds once a month.
Land-FX vs RoboMarkets Trading Platforms Comparison
Land-FX and RoboMarkets have different trading platforms that they offer to their clients. Land-FX supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are the most popular and widely used platforms in the forex industry. Land-FX also provides MT4 and MT5 mobile apps for iOS and Android devices, as well as MT4 and MT5 web versions that can be accessed from any browser.
RoboMarkets supports MT4 and MT5 platforms as well, but also offers its own proprietary web platform called R StocksTrader, which is designed for trading stocks and ETFs. RoboMarkets also provides MT4, MT5, and R StocksTrader mobile apps for iOS and Android devices, as well as MT4, MT5, and R StocksTrader web versions.
Land-FX vs RoboMarkets Analytical Tools Comparison
Land-FX and RoboMarkets have different analytical tools that they provide to their clients to help them with their trading decisions. Land-FX offers various tools, such as economic calendar, market news, technical analysis, trading signals, VPS service, and Autochartist.
RoboMarkets offers various tools as well, such as economic calendar, market news, technical analysis, trading signals, VPS service, Autochartist, R Trader Strategy Builder, R Trader Investment Ideas, RoboForex Analytics Center, and CopyFX social trading platform. Both brokers provide a wide range of analytical tools to suit different trading needs and preferences.
Land-FX vs RoboMarkets. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is a personal decision that depends on your trading style, preferences, and goals. There is no definitive answer to which broker is better, as different brokers may have different advantages and disadvantages for different traders. However, here are some possible factors that you may want to consider when choosing between Land-FX and RoboMarkets:
- Regulation and Trust: If you value the security and protection of your funds, you may prefer a broker that is regulated by a reputable authority and has a high trust score. Land-FX has a higher trust score than RoboMarkets, and is authorized by one tier-1 regulator (the FCA), which is considered to be one of the most stringent and reliable regulators in the world. RoboMarkets is not authorized by any tier-1 regulators, and is authorized by some lower-tier regulators that may have less oversight and enforcement power.
- Trading Assets: If you want to diversify your portfolio and trade a wide range of instruments, you may prefer a broker that offers more trading assets. RoboMarkets has a wider range of trading assets than Land-FX, especially in terms of stocks and cryptocurrencies. RoboMarkets offers more than 12,000 stocks and 26 cryptocurrencies, while Land-FX offers only 5 cryptocurrencies and no stocks. However, if you are mainly interested in trading forex, metals, or indices, both brokers offer a similar number of instruments in these categories.
- Trading Fees: If you want to minimize your trading costs and maximize your profits, you may prefer a broker that offers lower spreads and commissions. Both brokers offer zero spread accounts with commissions, as well as standard accounts with no commissions but higher spreads. The exact fees may vary depending on the account type and the trading instrument. In general, Land-FX offers lower commissions than RoboMarkets on zero spread accounts ($0.3 per lot vs $2 per lot), but higher spreads than RoboMarkets on standard accounts (0.9 pips vs 1.3 pips for EUR/USD). RoboMarkets also offers zero commission trading on certain NYSE and NASDAQ stocks on R StocksTrader accounts.
- Account Types: If you want to choose an account type that suits your trading needs and preferences, you may prefer a broker that offers more account options. RoboMarkets offers more account types than Land-FX, with different execution types (instant or market), trading platforms (MT4/5 or R StocksTrader), leverage levels (up to 2000:1 or up to 1000:1), and minimum deposit requirements ($10 to $1000). RoboMarkets also offers a special type of account for Swedish clients called ISK (Investment Savings Account), which has improved conditions for trading US stocks and ETFs. Land-FX’s account types are mainly differentiated by the spread and commission structure, as well as the availability of swap-free option for Islamic traders.
- Deposit and Withdrawal Options: If you want to fund your account and withdraw your profits easily and conveniently, you may prefer a broker that supports various payment methods and does not charge any fees for deposits or withdrawals. Both brokers support various payment methods, such as bank wire transfer, credit/debit cards, Skrill, Neteller, WebMoney, FasaPay, Perfect Money, AdvCash, Bitcoin, Ethereum, Litecoin, Bitcoin Cash. Both brokers do not charge any fees for deposits, but they may charge fees for withdrawals depending on the payment method and the amount. Land-FX offers free withdrawal of funds twice a month, while RoboMarkets offers free withdrawal of funds once a month.
- Trading Platforms: If you want to use a reliable and user-friendly trading platform that offers advanced features and tools, you may prefer a broker that supports MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms, which are the most popular and widely used platforms in the forex industry. Both brokers support MT4 and MT5 platforms, as well as MT4 and MT5 mobile apps for iOS and Android devices, and MT4 and MT5 web versions that can be accessed from any browser. However, if you are interested in trading stocks and ETFs, you may prefer RoboMarkets’ proprietary web platform called R StocksTrader, which is designed for this purpose. RoboMarkets also provides R StocksTrader mobile apps for iOS and Android devices, and R StocksTrader web version.
- Analytical Tools: If you want to enhance your trading performance and make informed trading decisions, you may prefer a broker that provides various analytical tools to help you with your market analysis, risk management, strategy development, and social trading. Both brokers provide a wide range of analytical tools to suit different trading needs and preferences. Some of the tools that both brokers offer are economic calendar, market news, technical analysis, trading signals, VPS service, and Autochartist. Some of the tools that RoboMarkets offers exclusively are R Trader Strategy Builder, R Trader Investment Ideas, RoboForex Analytics Center, and CopyFX social trading platform.
