Written by ForexBrokers.com
In this head to head comparison of Trading 212 vs RoboForex, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Trading 212 and RoboForex are both online brokers established in the mid-2000s, with Trading 212 launching in 2004 and RoboForex following in 2009. Neither company is publicly traded, nor do they function as banks, which is typical for most online brokers. When it comes to regulation, Trading 212 holds two Tier-1 licenses, which mark it as highly trusted according to ForexBrokers.com, while RoboForex holds one Tier-1 license. Both brokers do not have any Tier-2 licenses.
Regarding trustworthiness, Trading 212 has a ForexBrokers.com Trust Score of 79, categorizing it as average risk. RoboForex scores slightly lower with a Trust Score of 73, also placing it in the average risk category. These scores suggest a moderate level of safety for potential investors evaluating these platforms. While neither reaches the highest tiers of trust, they both operate under some form of regulatory oversight, providing a level of assurance for users.
| Feature |
Trading 212
|
RoboForex
|
|---|---|---|
| Year Founded | 2004 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 2 |
When comparing the commission and fees structure of Trading 212 and RoboForex, there are some notable distinctions. Trading 212 provides two account options: the Invest account for trading shares and the CFD account, which requires a minimum deposit of 10 euros. Although Trading 212 promotes zero-commission trading, it charges a spread on CFD and forex trades. In January 2024, the average spread for the EUR/USD pair was 1.9 pips, higher than the industry average. Trading 212 is rated 4 out of 5 stars for commissions and fees and ranks #43 out of 62 brokers by ForexBrokers.com.
In contrast, RoboForex also deals in forex trades with a focus on its Procent and Pro accounts. The average spread for similar trades, like the EUR/USD pair, was 1.3 pips, which is competitive yet still considered high. RoboForex's offerings for commissions and fees earn it a rating of 3.5 stars. According to ForexBrokers.com, RoboForex ranks #54 out of 62 brokers in the same category.
While both Trading 212 and RoboForex provide accessible platforms for trading, they each have unique advantages and limitations in their fee structures. Trading 212's higher spread cost may detract from its zero-commission claim, whereas RoboForex partners competitive spreads with its account options. This makes the choice between the two highly contingent on what traders prioritize: lower spreads or the allure of commission-free trades.
| Feature |
Trading 212
|
RoboForex
|
|---|---|---|
| Minimum Deposit | €10 | $100 |
| Average Spread EUR/USD - Standard | 1.9 | 1.3 |
| All-in Cost EUR/USD - Active | 1.9 | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing Trading 212 to RoboForex in terms of the range of investments they offer, both platforms provide diverse options to their users. Trading 212 boasts a hefty 8,025 tradeable symbols and features an impressive array of 146 forex pairs available as CFDs or spot contracts. Moreover, it allows users to purchase exchange-traded securities on both U.S. exchanges, like NASDAQ-listed Apple shares, and international exchanges, such as Vodafone shares on the London Stock Exchange. However, the platform does not support copy trading or the purchase of actual cryptocurrencies, although it does offer cryptocurrency derivatives.
On the other hand, RoboForex offers a slightly larger catalog with 8,400 tradeable symbols, while providing 28 forex pairs through CFDs or spot contracts. Despite not supporting the direct purchase of U.S. or international exchange-traded securities, it stands out by offering copy trading, attracting users interested in replicating successful trading strategies of others. Although similar to Trading 212 in not providing actual cryptocurrencies, RoboForex does offer cryptocurrency derivatives. In terms of the range of investments, Trading 212 is rated at 5 stars and is ranked 15th by ForexBrokers.com, while RoboForex secures a close 4.5-star rating with a 20th place ranking in the same category.
| Feature |
Trading 212
|
RoboForex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8025 | 8400 |
| Forex Pairs (Total) | 146 | 28 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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). |
Dive deeper: Best Copy Trading Platforms.
When comparing Trading 212 and RoboForex for trading platforms and tools, both brokers offer free virtual demo accounts, allowing beginners to practice trading in a simulated environment. Trading 212 stands out with its proprietary platform, a user-friendly web-based platform that doesn't require downloads, making it accessible for traders on any device. On the other hand, RoboForex does not have a proprietary platform but provides a comprehensive suite of popular platforms, including MetaTrader 4 and MetaTrader 5, alongside its web-based platform. For desktop enthusiasts, RoboForex supports a Windows-based platform, which Trading 212 does not offer.
Regarding additional features, Trading 212 does not include copy trading, but RoboForex caters to this demand with a dedicated service. Traders interested in technical analysis will find Trading 212 provides more drawing tools (20) compared to RoboForex (15). Both providers allow trading directly from stock charts, enhancing the trading experience. However, when it comes to customizing watch lists, RoboForex offers more columns with seven fields compared to Trading 212's five. Despite these differences, both brokers are rated four stars for trading platforms and tools. However, Trading 212 is ranked higher at #21 compared to RoboForex's #43 by ForexBrokers.com, indicating a slightly preferable standing in the industry.
| Feature |
Trading 212
|
RoboForex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 54 | 30 |
| Charting - Drawing Tools (Total) | 20 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 5 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Trading 212 and RoboForex, both offer comprehensive features for traders on the go. Both platforms provide iPhone and Android apps, along with essential tools like stock and forex price alerts, the ability to draw trendlines, and views of multiple time frames such as intraday or weekly on charts. While both platforms allow users to create watchlists with real-time quotes, Trading 212 stands out by allowing watchlist symbol syncing between their mobile app and online account, a feature not available with RoboForex. Additionally, Trading 212 offers a more extensive range of technical studies, with 104 available compared to RoboForex's 30, giving users greater flexibility in analyzing market data.
In terms of ratings, both Trading 212 and RoboForex achieve a commendable four-star rating for their mobile trading apps. However, Trading 212 holds a higher rank at 17th place among 62 brokers in the Mobile Trading Apps category according to ForexBrokers.com, compared to RoboForex, which is ranked 43rd. This distinction highlights some of the subtle differences in user experience and app functionality that set Trading 212 apart in the competitive landscape of mobile trading solutions.
| Feature |
Trading 212
|
RoboForex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 104 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing Trading 212 and RoboForex for market research, both platforms excel in certain areas while lacking in others. Trading 212 stands out for its inclusion of forex news from well-regarded sources like Bloomberg and Reuters. It also provides a sentiment-based trading tool that gives users insight into the ratio of long or short positions across various currency pairs, adding a layer of strategic decision-making. Additionally, Trading 212 offers an economic calendar that helps investors stay updated with global news events. However, it does not offer daily market commentary or research tools from notable companies like Autochartist or Trading Central.
RoboForex, on the other hand, provides daily market commentary and integrates research tools from Trading Central, which can be valuable for those seeking technical analytics. It also includes research tools from Acuity Trading, such as Signal Centre, adding to its analytical arsenal. Like Trading 212, RoboForex also provides customers with top-tier forex news and an economic calendar. While both brokers share a 3.5-star rating for research, RoboForex ranks higher at #37 compared to Trading 212's #46 in the ForexBrokers.com listings. This difference could appeal to users looking for slightly more comprehensive market insights within their investment platform.
| Feature |
Trading 212
|
RoboForex
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing Trading 212 and RoboForex in terms of educational resources for beginners, Trading 212 emerges as a clear leader. It offers a wealth of resources, including a selection of at least 10 educational materials primarily focused on forex and CFDs. Additionally, Trading 212 conducts regular educational webinars and maintains a searchable archive of past sessions, which is a valuable resource for new traders eager to deepen their understanding. For those just starting, Trading 212 provides over 10 beginner-friendly trading videos, explaining concepts in simple terms. Beyond beginner resources, there are also advanced videos for more experienced traders, ensuring a comprehensive learning experience.
In contrast, RoboForex falls short in providing robust educational support. It does not meet the minimum offering of 10 educational pieces on forex or CFDs and lacks a monthly webinar schedule or an archive of previous sessions. This limitation means beginners may find fewer opportunities for learning and growth. Additionally, an investor dictionary with more than 50 investing terms is available through Trading 212, offering a helpful guide for new investors, which RoboForex does not provide. Despite having the same 3.5-star rating for education, Trading 212 secures a stronger position, ranked 20th out of 62 brokers, while RoboForex is ranked 56th, indicating a significant difference in the quality and availability of educational content.
| Feature |
Trading 212
|
RoboForex
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Trading 212 is better than RoboForex. Trading 212 finished with an overall rank of #31, while RoboForex finished with an overall rank of #46.
Best known for its mobile trading app, Trading 212 offers an easy-to-use trading platform suite for CFD and share trading, as well as a large variety of forex pairs. However, despite its well-designed platform and wide range of symbols, its lack of advanced trading tools and flat research offerings hamper Trading 212’s bid to be considered a top broker.
| Feature |
Trading 212
|
RoboForex
|
|---|---|---|
| Overall Rating |
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| Trust Score | 79 | 73 |
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Both Trading 212 and RoboForex do not offer the ability to buy actual delivered cryptocurrency, but they both provide the option to invest in cryptocurrency derivatives.
Trading 212 and RoboForex both support ACH and SEPA transfers, PayPal, Visa or Mastercard, and bank wires for depositing or withdrawing funds, but only RoboForex provides the additional option of Skrill.
Please 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.
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0 of 5| Overall Rating | Trading 212 | RoboForex | |
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| Trust Score | 79 | 73 | |
| Winner | check_circle | ||
| Review | Trading 212 Review | RoboForex Review |
| Broker Screenshots | Trading 212 | RoboForex | |
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| Regulation | Trading 212 | RoboForex | |
|---|---|---|---|
| Trust Score | 79 | 73 | |
| Year Founded | 2004 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 2 |
| Tier-1 Licenses (Highly Trusted) | Trading 212 | RoboForex | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Trading 212 | RoboForex | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Trading 212 | RoboForex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8025 | 8400 | |
| Forex Pairs (Total) | 146 | 28 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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 | Trading 212 | RoboForex | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.9 | 1.3 | |
| All-in Cost EUR/USD - Active | 1.9 | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Trading 212 | RoboForex | |
|---|---|---|---|
| Minimum Deposit | €10 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | Trading 212 | RoboForex | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Trading 212 | RoboForex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 5 | 7 | |
| Charting - Indicators / Studies (Total) | 54 | 30 | |
| Charting - Drawing Tools (Total) | 20 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Trading 212 | RoboForex | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 104 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Trading 212 | RoboForex | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Trading 212 | RoboForex | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Trading 212 | RoboForex | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Trading 212 Review | RoboForex Review |
| Overall | Trading 212 | RoboForex | |
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| Trust Score | 79 | 73 | |
| Winner | check_circle | ||
| Review | Trading 212 Review | RoboForex Review |
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