Compare Brokers
We help you pick the best broker for your needs with our broker comparison tool. Select 2 brokers and see exactly what makes them different.
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RoboForex
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Trade Nation
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RoboForex, founded in 2009 and registered with the FSC in Belize, is an online broker. It offers five account types (Prime, ECN, R StocksTrader, ProCent, Pro) to suit various needs, with trades from 0.01 lots and spreads starting at 0 pips. RoboForex has expanded its services by adding CFDs, a stock trading platform, and the CopyFX system. | Trade Nation is a leading foreign exchange and contract for difference broker regulated in various areas including the UK and Australia. This company provides affordable fixed and variable spreads on over 1000 assets and strong trading platforms and educational resources. Traders could use the Signal Centre for trading ideas. | |
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Crypto | CFDs, Forex, Indices, Shares, Commodities, Futures, Bonds, Spread Betting (UK and Ireland only), Cryptos (Bahamas entity only) |
| Demo Account | ✓ | ✓ |
| Minimum Deposit | $10 | R1000$0 |
| Trading Platforms | R StocksTrader, MT4, MT5, TradingView | TN Trader, MT4, TradingView |
| Payment Methods | Alipay, AstroPay, Cashu, ecoPayz, Giropay, iDeal, MoneyGram, Neteller, Perfect Money, POLi, Rapid Transfer, SafeCharge, Skrill, Sofort, Trustly, Vietcombank Transfer, Visa, Volet, WeChat Pay, Wire Transfer | Airtel, Credit Card, Debit Card, Mastercard, Skrill, Visa, Wire Transfer |
| Minimum Trade | 0.01 Lots | 0.1 Lots |
| Regulator | FSC | FCA, ASIC, CMVM , FSCA, SCB, FSA |
| Account Currencies | USD, EUR | USD, EUR, GBP, AUD, ZAR, SEK, NOK, DKK |
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| Mobile Apps | iOS & Android, R StocksTrader, Telegram Mini App | iOS & Android |
| App Review | RoboForex offers excellent iOS and Android platforms for short-term trading, including MT4 and MT5. The R StocksTrader app impresses with its wide stock and ETF options, portfolio analytics, customizable watchlists, an events tracker, and fast, reliable trading. However, it lacks the popular cTrader app preferred by many traders. | |
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| Margin Trading | ✓ | ✓ |
| Account Types | STP, ECN, MAM, LAMM | STP |
| AI / Machine Learning | ✗ | ✗ |
| Robo Advisor | ✗ | ✗ |
| Negative Balance Protection | ✓ | ✓ |
| Market Maker | ✗ | ✓ |
| P2P Trading | ✗ | ✗ |
| Spot Trading | ✓ | ✓ |
| Auto Trading | Expert Advisors (EAs) on MetaTrader, Strategy Builder in R StocksTrader | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | ✓ | ✓ |
| Copy Trading Platform | RoboForex’s CopyFX service is tailored for currency traders, offering flexible fund control. The 'Rating' view presents useful metrics on master traders, such as profit/loss, maximum drawdown, balance, and number of trades over periods from 1 week to 6 months. However, the signup process and resources are complex, which might confuse new investors, and the interface lacks the smooth experience offered by leaders like eToro. | Trade Nation Seychelles provides signals and copy trading options. These tools are beneficial for new traders and those who prefer a less active role in online trading. You can use the knowledge of experienced traders to speculate on major financial markets such as forex, stocks, and commodities. |
| Social Trading | ✓ | ✗ |
| Trade Signals | ✓ | ✓ |
| VPS Hosting | ✓ | ✗ |
| Tournaments | ✗ | ✗ |
| Demo Competitions | ✓ | ✗ |
| Ethical Investing | ✗ | ✗ |
| Custodial Account | ✗ | ✗ |
| Guaranteed Stop Loss | ✗ | ✗ |
| Inactivity Fee | $0 | $0 |
| Islamic Account | ✓ | ✓ |
CFD Trading | ||
RoboForex provides over 12,000 CFDs, including forex, stocks, indices, commodities, futures, and ETFs. With a $10 initial deposit and micro lot trading, it supports various derivative traders. However, execution speeds are 1-3 seconds, slower than IC Markets' 0.35 seconds, which is not ideal for strategies like scalping. | Trade CFDs with leverage on more than 1000 assets at low-cost spreads. Use the broker's signals to know when to start and stop trades. | |
| Leverage | 1:2000 | 1:30 (FCA, CMVM, ASIC), 1:200 (FSCA, SCB), 1:500 (FSA) |
| FTSE Spread | From 0.4 | |
| GBPUSD Spread | 0.4 | From 0.6 |
| Oil Spread | 1.7 | From 3.0 |
| Stocks Spread | 0.01 | Variable |
Forex Trading | ||
RoboForex provides trading options for over 30 currency pairs. It also has competitive average spreads of 0.1 pips on the EUR/USD for Prime and ECN accounts. Traders can start using the CopyFX system, a tool that replicates the strategies of experienced traders, with just a $100 minimum investment. | Trade Nation provides more than 30 popular forex pairs with flexible spreads. Traders can utilize a streamlined proprietary platform or MetaTrader 4, and they're provided real-time forex market updates and insights through 'Smart News'. | |
| GBPUSD Spread | 0.4 | Variable |
| EURUSD Spread | 0.1 | Variable |
| EURGBP Spread | 0.4 | Variable |
| Assets | 30+ | 33 |
Cryptocurrency Trading | ||
RoboForex now offers 24/7 CFD crypto trading for popular tokens like Bitcoin, Ethereum, and Cardano. It features transparent fees, margin trading, and reliable execution, ideal for active traders. Available on Pro, ProCent, and ECN accounts, with leverage up to 1:500 for BTC/ETH. | The broker's Bahamas division offers cryptocurrencies. Traders can use thousands of indicators to customize their crypto trading tactics, with no hidden fees. | |
| Crypto Spread | Variable | Fixed |
| Crypto Coins | BTC, ETH, XRP, SOL, DOGE, ADA | BTC, ETH, LTC |
| Crypto Lending | ✗ | ✗ |
| Crypto Mining | ✗ | ✗ |
| Crypto Staking | ✗ | ✗ |
| Auto Market Maker | ✗ | ✗ |