Compare RoboMarkets vs Markets.com
What is RoboMarkets? What is Markets.com?
RoboMarkets is a European multi-asset broker that offers trading services for forex, stocks, indices, metals, commodities, cryptocurrencies, and more. Markets.com is a global online broker that provides CFD and spread betting trading on forex, stocks, commodities, indices, ETFs, and more.
RoboMarkets vs Markets.com Regulation Comparison
RoboMarkets is regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 191/13.
Markets.com is regulated by several authorities, including the Australian Securities and Investments Commission (ASIC), the Financial Sector Conduct Authority (FSCA) of South Africa, and the Financial Conduct Authority (FCA) of the United Kingdom.
RoboMarkets vs Markets.com Trading Assets Comparison
RoboMarkets offers access to over 12,000 trading instruments, including 36 forex pairs, 12,000 stocks and ETFs, 36 indices, 8 metals, 4 energies, 13 soft commodities, and 26 cryptocurrencies.
Markets.com offers access to over 2,000 trading instruments, including 57 forex pairs, 2,000 stocks and ETFs, 28 indices, 4 metals, 5 energies, 17 soft commodities, and 10 cryptocurrencies.
RoboMarkets vs Markets.com Trading Fees Comparison
RoboMarkets charges different fees depending on the account type and the trading instrument. For forex trading, RoboMarkets offers spreads from 0 pips on Prime accounts and from 1.3 pips on Pro accounts. For stock trading, RoboMarkets charges no commission on R StocksTrader platform for certain US stocks. Markets.com charges no commission on any trading instrument. For forex trading, Markets.com offers spreads from 0.6 pips on EUR/USD. For stock trading, Markets.com offers spreads from 0.1% on US stocks.
RoboMarkets vs Markets.com Account Types Comparison
RoboMarkets offers six account types: Pro-Cent, Pro-Standard, ECN-Pro NDD, Prime, R StocksTrader (for stock trading), and ISK (for Swedish clients). The minimum deposit for most accounts is $100 or equivalent. The maximum leverage varies from 1:30 to 1:2000 depending on the account type and the instrument.
Markets.com offers two account types: Standard and VIP. The minimum deposit for Standard account is $100 or equivalent. The minimum deposit for VIP account is $20,000 or equivalent. The maximum leverage is up to 1:300 depending on the instrument.
RoboMarkets vs Markets.com Deposit Options Comparison
RoboMarkets supports various deposit and withdrawal options, including bank transfer, credit/debit cards, PayPal, Skrill, Neteller, WebMoney, FasaPay, and more. RoboMarkets compensates its clients for deposit fees twice a month. Markets.com also supports various deposit and withdrawal options, including bank transfer, credit/debit cards, PayPal, Skrill, Neteller, Sofort Banking, iDeal and more. Markets.com does not charge any deposit or withdrawal fees.
RoboMarkets vs Markets.com Trading Platforms Comparison
RoboMarkets provides its clients with several trading platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader (for ECN accounts), R Trader (a web-based platform for stock trading), and R MobileTrader (a mobile app for Android and iOS devices). Markets.com also provides its clients with several trading platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), Marketsx (a web-based platform with advanced tools and features), and Marketsi (a web-based platform for stock investing).
RoboMarkets vs Markets.com Analytical Tools Comparison
RoboMarkets offers various analytical tools to its clients, such as economic calendar, market sentiment indicators, trading signals from MQL5 community and Autochartist service. Markets.com also offers various analytical tools to its clients, such as economic calendar, market news and analysis from Trading Central and Dow Jones Newswires.
RoboMarkets vs Markets.com. 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 forex broker is better, as both RoboMarkets and Markets.com have their own strengths and weaknesses. However, here are some possible factors that you may consider when making your choice:
- Regulation: Markets.com has a higher trust score than RoboMarkets according to ForexBrokers.com. Markets.com is also regulated by more authorities than RoboMarkets, which may give you more confidence and protection as a trader.
- Trading Assets: RoboMarkets offers access to more trading instruments than Markets.com, especially in stocks and cryptocurrencies. If you are looking for a wider range of markets to trade, RoboMarkets may be a better option for you.
- Trading Fees: Markets.com charges no commission on any trading instrument, while RoboMarkets charges different fees depending on the account type and the instrument. Markets.com also offers lower spreads on some forex pairs and stocks than RoboMarkets. If you are looking for a more cost-effective broker, Markets.com may be a better option for you.
- Account Types: RoboMarkets offers six account types, while Markets.com offers two account types. RoboMarkets also offers higher leverage than Markets.com on some instruments. If you are looking for more flexibility and customization in your trading account, RoboMarkets may be a better option for you.
- Deposit and Withdrawal Options: Both brokers support various deposit and withdrawal options, but RoboMarkets compensates its clients for deposit fees twice a month, while Markets.com does not charge any deposit or withdrawal fees. If you are looking for a more convenient and affordable way to fund and withdraw your money, either broker may be suitable for you.
- Trading Platforms: Both brokers provide their clients with several trading platforms, including MT4 and MT5. However, Markets.com also offers two web-based platforms: Marketsx and Marketsi, which have advanced tools and features that may enhance your trading experience. If you are looking for a more innovative and user-friendly platform, Markets.com may be a better option for you.
- Analytical Tools: Both brokers offer various analytical tools to their clients, such as economic calendar, market news and analysis, trading signals, and market sentiment indicators. However, Markets.com also provides its clients with access to Trading Central and Dow Jones Newswires, which are reputable sources of market information and insights. If you are looking for more reliable and professional analytical tools, Markets.com may be a better option for you.
Ultimately, the best forex broker for you is the one that meets your needs and expectations.
