CMC Markets vs RoboForex (RoboMarkets) Comparison
Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare CMC Markets vs RoboForex (RoboMarkets).
Does CMC Markets or RoboForex (RoboMarkets) offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, CMC Markets offers better pricing overall for traders.
Is CMC Markets or RoboForex (RoboMarkets) safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. CMC Markets holds 5 global Tier-1 licenses, while RoboForex (RoboMarkets) holds 1. CMC Markets holds 1 global Tier-2 licenses, while RoboForex (RoboMarkets) holds 0. In our analysis of 23 international regulators across 50 brokers, CMC Markets (99) earned a higher Trust Score than RoboForex (RoboMarkets) (71).
Which trading platform is better: CMC Markets or RoboForex (RoboMarkets)?
To compare the trading platforms of both CMC Markets and RoboForex (RoboMarkets), we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, CMC Markets offers a better experience. With research, CMC Markets offers superior market research. Finally, we found CMC Markets to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both CMC Markets and RoboForex (RoboMarkets) offer MetaTrader 4 (MT4).CMC Markets and RoboForex (RoboMarkets) both offer copy trading.
How many forex pairs and CFDs are available to trade?
CMC Markets provides traders 156 currency pairs (e.g., EUR/USD) compared to RoboForex (RoboMarkets)'s 36 available pairs. Forex pairs aside, CMC Markets offers traders access to 12074 CFDs while RoboForex (RoboMarkets) has 12000 available CFDs, a difference of 74.
Can I trust CMC Markets?
CMC Markets is publicly traded, does not operate a bank, and is authorised by five Tier-1 regulators (Highly Trusted), one tier-2 regulator (Trusted), zero Tier-3 regulators (Average Risk), and zero Tier-4 regulators (High Risk). CMC Markets is authorised by the following Tier-1 regulators: Australian Securities & Investment Commission (ASIC), Canadian Investment Regulatory Organization (CIRO), Monetary Authority of Singapore (MAS), Financial Markets Authority (FMA), and the Financial Conduct Authority (FCA).
Can I trust RoboForex (RoboMarkets)?
RoboForex is not publicly traded and does not operate a bank. RoboForex is authorised by one Tier-1 regulator (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and two Tier-4 regulators (High Risk). RoboForex is authorised by the following tier-1 regulator: European Union Authorized (MiFID).
Is CMC Markets good?
CMC Markets is well-trusted across the globe, and delivers a terrific trading experience thanks to its excellent pricing and selection of over 12,000 tradeable instruments.
Is RoboForex (RoboMarkets) good?
RoboForex (RoboMarkets in the EU) has amassed 12,000 symbols that you can trade across its MetaTrader and cTrader platforms, as well as a stock trading app. That said, with just a few regulatory licenses, the RoboForex and its RoboMarkets brands trail behind the best forex brokers when it comes to their Trust Score.
Overall winner: CMC Markets
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We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.