menuclose
ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Learn How We Make Money

eToro vs RoboForex (RoboMarkets) 2023

ForexBrokers.com

Written by ForexBrokers.com

August 29, 2023

Is eToro better than RoboForex (RoboMarkets)? In our analysis of 23 international regulators across 62 of the best forex brokers, eToro is considered Highly Trusted, with an overall Trust Score of 90 out of 99. RoboForex is considered Average-Risk, with an overall Trust Score of 71 out of 99. Learn more about Trust Score.

Select Brokers

↓×
  • check_box_outline_blankcheck_boxACY Securities
  • check_box_outline_blankcheck_boxAdmiral Markets
  • check_box_outline_blankcheck_boxAlpari
  • check_box_outline_blankcheck_boxATFX
  • check_box_outline_blankcheck_boxAvaTrade
  • check_box_outline_blankcheck_boxAxi
  • check_box_outline_blankcheck_boxBDSwiss
  • check_box_outline_blankcheck_boxBlackBull Markets
  • check_box_outline_blankcheck_boxCapital.com
  • check_box_outline_blankcheck_boxCity Index
  • check_box_outline_blankcheck_boxCMC Markets
  • check_box_outline_blankcheck_boxDooPrime
  • check_box_outline_blankcheck_boxeasyMarkets
  • check_box_outline_blankcheck_boxEightcap
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxFineco Bank
  • check_box_outline_blankcheck_boxFlowBank
  • check_box_outline_blankcheck_boxFOREX.com
  • check_box_outline_blankcheck_boxForex4you
  • check_box_outline_blankcheck_boxFP Markets
  • check_box_outline_blankcheck_boxFXCM
  • check_box_outline_blankcheck_boxFXOpen
  • check_box_outline_blankcheck_boxFXPrimus
  • check_box_outline_blankcheck_boxFxPro
  • check_box_outline_blankcheck_boxGBE brokers
  • check_box_outline_blankcheck_boxGKFX
  • check_box_outline_blankcheck_boxHFM
  • check_box_outline_blankcheck_boxHYCM (Henyep Capital Markets)
  • check_box_outline_blankcheck_boxIC Markets
  • check_box_outline_blankcheck_boxIFC Markets
  • check_box_outline_blankcheck_boxIG
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxIronFX
  • check_box_outline_blankcheck_boxLegacyFX
  • check_box_outline_blankcheck_boxLibertex (Forex Club)
  • check_box_outline_blankcheck_boxMarkets.com
  • check_box_outline_blankcheck_boxMoneta Markets
  • check_box_outline_blankcheck_boxMultiBank
  • check_box_outline_blankcheck_boxOANDA
  • check_box_outline_blankcheck_boxOctaFX
  • check_box_outline_blankcheck_boxPepperstone
  • check_box_outline_blankcheck_boxPlus500
  • check_box_outline_blankcheck_boxRoboForex (RoboMarkets)
  • check_box_outline_blankcheck_boxSaxo Bank
  • check_box_outline_blankcheck_boxSpreadex
  • check_box_outline_blankcheck_boxSwissquote
  • check_box_outline_blankcheck_boxTD Ameritrade
  • check_box_outline_blankcheck_boxTeleTrade
  • check_box_outline_blankcheck_boxThinkMarkets
  • check_box_outline_blankcheck_boxTickmill
  • check_box_outline_blankcheck_boxTMGM
  • check_box_outline_blankcheck_boxTopFX
  • check_box_outline_blankcheck_boxTrade Nation
  • check_box_outline_blankcheck_boxTrade360
  • check_box_outline_blankcheck_boxTrading 212
  • check_box_outline_blankcheck_boxUFX
  • check_box_outline_blankcheck_boxVantage
  • check_box_outline_blankcheck_boxVestle
  • check_box_outline_blankcheck_boxVT Markets
  • check_box_outline_blankcheck_boxXM Group
  • check_box_outline_blankcheck_boxXTB
  • check_box_outline_blankcheck_boxXtrade

Compare

0 of 5
navigate_before navigate_next
Overall Rating eToro RoboForex (RoboMarkets)
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 3.5/5 Stars
Offering of Investments 5/5 Stars 5/5 Stars
Platform & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Education 4/5 Stars 3/5 Stars
Trust Score info 90 71
Winner check_circle
Review eToro Review
Broker Screenshots eToro RoboForex (RoboMarkets)
Trading Platforms Gallery (click to expand) info
eToro web trading platformzoom_in eToro web platform Pro Charts EUR USD.zoom_in eToro web trading platform CopyPortfoliozoom_in eToro research crypto market reportszoom_in eToro web trading platform CopyPortfolioszoom_in eToro web trading platform CopyPortfolios trade ticketzoom_in eToro web trading platform cryptocurrency watchlistzoom_in eToro web trading platform EUR/USD feedzoom_in eToro web trading platform forex pairszoom_in eToro web trading platform copierszoom_in eToro web platform economic calendar.zoom_in eToro web platform forex news and sentiment.zoom_in eToro web platform popular forex pairs.zoom_in eToro web platform smart portfolios.zoom_in eToro web platform watchlistzoom_in
Mobile Trading Gallery (click to expand) info
eToro mobile app biometric authentication fingerprint login.zoom_in eToro mobile app cryptocurrency watchlist.zoom_in eToro mobile app trade ticket order window.zoom_in eToro mobile app settings.zoom_in eToro mobile app portfolio overview.zoom_in eToro mobile app watchlist.zoom_in eToro mobile app eurusd ProCharts Trading View.zoom_in eToro mobile app smart portfolios.zoom_in eToro mobile app popular investors.zoom_in eToro mobile trading appzoom_in eToro mobile trading app market feed newszoom_in
Research Gallery (click to expand) info
eToro digest and invest podcast.zoom_in eToro YouTube video shorts.zoom_in eToro YouTube video market research fundamental analysis quarterly outlook Q2 2023.zoom_in eToro digest and invest YouTube series video the dark side of AI interview.zoom_in eToro Plus market research articles.zoom_in eToro Plus market research article detail.zoom_in eToro web trading platform forex pairs and sentimentzoom_in eToro blog news and analysis research articleszoom_in eToro blog news and analysiszoom_in
Education Gallery (click to expand) info
eToro educational courses videozoom_in eToro YouTube channelzoom_in eToro YouTube channelzoom_in eToro academy courses beginners.zoom_in
Regulation eToro RoboForex (RoboMarkets)
Trust Score info 90 71
Year Founded info 2007 2009
Publicly Traded (Listed) info No No
Bank info No No
European Union Authorised (MiFID) info Yes info Yes info
Tier-1 Licenses info 3 1
Tier-2 Licenses info 0 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 2
Tier-1 Licenses (Highly Trusted) eToro RoboForex (RoboMarkets)
Australia (ASIC Authorised) info Yes No
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info No No
United Kingdom (U.K.) (FCA Authorised) info Yes No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
European Union Authorised (MiFID) info Yes info Yes info
Tier-2 Licenses (Trusted) eToro RoboForex (RoboMarkets)
Kenya (CMA Authorised) info No No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No No
UAE (DFSA/Central Bank Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments eToro RoboForex (RoboMarkets)
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 3479 12000
Forex Pairs (Total) info 52 36
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info Yes No
Cryptocurrency (Derivative) info Yes Yes
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).
Cost eToro RoboForex (RoboMarkets)
Average Spread EUR/USD - Standard info 1 info 1.4 info
All-in Cost EUR/USD - Active info N/A N/A
Active Trader or VIP Discounts info Yes Yes
Inactivity Fee info Yes No
Execution: Agency Broker info Yes No
Execution: Market Maker info Yes Yes
Funding eToro RoboForex (RoboMarkets)
Minimum Deposit info $10-$10,000 $100
PayPal (Deposit/Withdraw) info Yes Yes
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
Trading Platforms eToro RoboForex (RoboMarkets)
Proprietary Platform info Yes No
Desktop Platform (Windows) info No Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes
cTrader info No No
DupliTrade info No No
ZuluTrade info No No
Trading Tools eToro RoboForex (RoboMarkets)
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 6 7
Charting - Indicators / Studies (Total) info 104 30
Charting - Drawing Tools (Total) info 161 15
Charting - Trade From Chart info No Yes
Charts can be saved info Yes Yes
Mobile Trading eToro RoboForex (RoboMarkets)
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 104 30
Mobile Charting - Draw Trendlines info No Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info No Yes
Forex Calendar info No Yes
Research eToro RoboForex (RoboMarkets)
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info No Yes
Autochartist info No No
Trading Central (Recognia) info Yes No
Social Sentiment - Currency Pairs info Yes No
Economic Calendar info Yes Yes
Education eToro RoboForex (RoboMarkets)
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes Yes
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes No
Major Forex Pairs eToro RoboForex (RoboMarkets)
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review eToro Review
Overall eToro RoboForex (RoboMarkets)
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 3.5/5 Stars
Offering of Investments 5/5 Stars 5/5 Stars
Platform & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 4.5/5 Stars 3.5/5 Stars
Education 4/5 Stars 3/5 Stars
Trust Score info 90 71
Winner check_circle
Review eToro Review
arrow_upward

eToro 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 eToro vs RoboForex (RoboMarkets).

Does eToro 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, eToro offers better pricing overall for traders.

Is eToro 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. eToro holds 3 global Tier-1 licenses, while RoboForex (RoboMarkets) holds 1. Both eToro and RoboForex (RoboMarkets) hold 0 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, eToro (90) earned a higher Trust Score than RoboForex (RoboMarkets) (71).

Which trading platform is better: eToro or RoboForex (RoboMarkets)?

To compare the trading platforms of both eToro and RoboForex (RoboMarkets), we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, eToro offers a better experience. With research, eToro offers superior market research. Finally, we found eToro 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. Neither broker offers Meta Trader.eToro and RoboForex (RoboMarkets) both offer copy trading.

How many forex pairs and CFDs are available to trade?

eToro provides traders 52 currency pairs (e.g., EUR/USD) compared to RoboForex (RoboMarkets)'s 36 available pairs. Forex pairs aside, RoboForex (RoboMarkets) offers traders access to 12000 CFDs while eToro has 3479 available CFDs, a difference of 8521.

Can I trust eToro?

eToro is not publicly traded and does not operate a bank. eToro is authorised by three Tier-1 regulators (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk). eToro is authorised by the following Tier-1 regulators: Australian Securities & Exchange Commission (ASIC), Financial Conduct Authority (FCA), and the European Union via MiFID.

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 eToro good?

eToro is a winner for its easy-to-use copy-trading platform, where traders can copy the trades of experienced investors – or receive exclusive perks for sharing their own trading strategies.

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: eToro

Popular Forex Reviews

Popular Forex Guides

More Comparisons

eToro vs HFM eToro vs IronFX eToro vs TopFX eToro vs RoboForex (RoboMarkets) eToro vs Markets.com eToro vs XM Group RoboForex (RoboMarkets) vs GBE brokers RoboForex (RoboMarkets) vs FXOpen RoboForex (RoboMarkets) vs LegacyFX RoboForex (RoboMarkets) vs FlowBank RoboForex (RoboMarkets) vs Interactive Brokers RoboForex (RoboMarkets) vs Trading 212

Show all

announcementPlease note:

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.

close
navigate_before navigate_next