Just2Trade vs RoboForex

Just2Trade or RoboForex – which is better for UK traders 2024? Compare Just2Trade and RoboForex in this detailed breakdown of their platforms, features and fees.

Just2Trade vs RoboForex Comparison Table 2024
Just2Trade RoboForex
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1.5
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4.5
Just2Trade is ranked #88 among CFD brokers. RoboForex is ranked #15 among CFD brokers.
Just2Trade is a reliable multi-regulated broker registered with FINRA, NFA and CySEC. The company has 155,000 clients from 130 countries and stands out for its huge suite of instruments and additional features, including a social network, robo advisors and a funded trader programme. RoboForex is an online broker, established in 2009 and registered with the IFSC in Belize. Traders can choose from five accounts (Prime, ECN, R StocksTrader, ProCent, Pro) catering to different needs with trades from 0.01 lots and spreads from 0 pips. RoboForex has also enhanced its offering over the years, adding CFD instruments and launching its stock trading platform, plus the CopyFX system.
RoboForex Ltd and its affiliates do not target EU/EEA/UK clients. Please be aware that you are able to receive investment services from a third-country firm at your own exclusive initiative only, taking all the risks involved.
Pros
  • Competitive fee schedule and high-quality trade executions
  • WhoTrades social network and copy trading through Novoadvisor
  • Try2BFunded trader development program with funded accounts for clients who reach profit benchmarks
  • The list of 35,000+ instruments is more than almost any other broker
  • Regulated and trustworthy with authorization from FINRA, NFA & CySEC
  • STP/ECN broker with fast execution speeds
  • RoboForex is known for its tight spreads starting from 0 pips and low minimum deposits from $10, making it accessible to those on a budget. The ability to trade with micro lots further lowers the barrier to entry for new traders.
  • The broker offers leverage up to 1:2000 for certain account types, which is among the highest in the industry. This high leverage allows traders to maximize their trading potential, albeit with a corresponding increase in risk.
  • The R Stocks Trader platform rivals leading solutions like MT4, with netting and hedging capabilities, comprehensive backtesting, Level II pricing, and a flexible workspace.
  • RoboForex offers over 12,000 instruments, providing more short-term trading opportunities than the vast majority of online brokers, with forex, stocks, indices, ETFs, commodities, and futures.
  • The broker offers two commission-free withdrawals each month in the Free Funds Withdrawal program, helping traders to minimize transaction costs.
Cons
  • Research tools such as stock screeners require third-party applications
  • Few standard educational resources compared to other brokers
  • Cryptocurrency is only available in Asia
  • Despite 15+ years in the industry and registering with the Financial Commission, RoboForex is authorized by one ‘Red-Tier’ regulator – the IFSC in Belize, lowering the level of regulatory protections for traders.
  • While RoboForex offers competitive spreads, some of its account types come with high trading commissions up to $20 per lot, trailing the cheapest brokers, such as IC Markets.
  • RoboForex now restricts base currency options to USD and EUR. This limitation may inconvenience traders preferring to manage their accounts in other currencies, while potentially leading to conversion fees.
  • RoboForex provides a variety of account types, which, while offering flexibility, can be overwhelming for newer traders trying to choose the most suitable option for their trading style. Alternatives, notably eToro, provide a smoother entry into online trading with one retail account.
  • Despite offering a range of platforms, RoboForex still doesn't support the increasingly popular cTrader. This might deter traders who prefer this specific platform for their trading activities and is available at firms like Fusion Markets.
Awards
  • Best Customer Service 2022 - Worldfinance.com
  • The Best Partnership Program 2021 - Worldfinance.com
  • The Best Multi-Asset Broker in Asia 2021 - Worldfinance.com
  • Best Multi Asset Trading Platform 2023 - Global Brands Magazine Awards
  • Best Trading Conditions 2023 - International Business Magazine Awards
  • Best Mobile Trading App 2022 - GF Awards B2B
  • Most Trusted Broker 2022 - International Business Magazine Awards
  • Best Investment Products 2021 - Global Brands Magazine Awards
  • Best Global Mobile Trading App 2020 - Global Forex Awards B2B
  • Best Broker of the CIS 2019 - IAFT Awards
  • Best Investment Products 2019 - Global Brands Magazine
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
Stocks, ADRs, ETFs, Futures, Options, Commodities, Bonds CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures
Demo Account
Yes Yes
Minimum Deposit
$100 $10
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
CySEC, NFA, FINRA, Bank of Russia IFSC
Mobile Apps
iOS & Android iOS & Android, R StocksTrader
Trading App

RoboForex continues to excel with its wide range of iOS and Android-friendly platforms to meet short-term trading needs, including MT4 and MT5. The R StocksTrader app performed particularly well during testing, with a vast selection of stocks and ETFs, portfolio analytics, customizable watchlists, an events tracker, plus a fast and dependable mobile trading environment. The only notable absence in the RoboForex offering is the increasingly popular cTrader app, that’s favored by many traders.

iOS App Rating
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4.7
Android App Rating
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4.4
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No No
eSignal
No No
Trading Central
Yes No
STP Account
Yes Yes
ECN Account
Yes Yes
DMA Account
Yes No
MAM Account
No Yes
PAMM Account
Yes No
LAMM Account
No Yes
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
Yes No
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Auto Trading
Lime Financial Expert Advisors (EAs) on MetaTrader, Strategy Builder in R StocksTrader
Copy Trading
Yes Yes
Copy Trading Platform
Copy other traders with a $100 starting payment. You only pay a commission on winning trades. Just2Trade ranks the top strategies and provides good insights into the number of subscribers, fees and monthly yields. RoboForex’s CopyFX service is designed specifically for currency traders with flexible control over your funds. The ‘Rating’ view provides helpful metrics on master traders, notably profit/loss, maximum drawdown, balance and number of trades spanning time intervals from 1 week to 6 months. That said, the joining process and resources are convoluted, which may confuse newer investors, while the interface trails the smooth user experience provided by category leaders like eToro.
Social Trading
Yes Yes
Trade Signals
Yes - by subscription Yes
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No Yes
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$15 $0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • RUB
  • USD
  • EUR
Commodities
  • Oil
  • Gold
  • Silver
  • Platinum
  • Palladium
  • Gold
  • Silver
  • Nickel
  • Oil
  • Copper
  • Palladium
  • Platinum
  • Natural Gas
  • Cocoa
  • Coffee
  • Corn
  • Wheat
  • Sugar
  • Soybeans
CFD
With CFDs on 20+ Polish and 30+ US stocks, as well as energies and seven global stock indices covering US, UK, European, Australian and Japanese markets, Just2Trade offers a superb selection of global assets. RoboForex offers a growing suite of over 12,000 CFDs, encompassing forex, stocks, indices, commodities, futures and ETFs. With an initial deposit of $10 and micro lot trading through to very high leverage up to 1:2000, RoboForex caters to a broad range of derivative traders. On the downside, analysis reveals execution speeds of 1-3 seconds, noticeably slower than IC Markets at 0.35 seconds, and suboptimal for fast-paced strategies like scalping.
Leverage
1:20 1:2000
FTSE Spread
0.0
GBPUSD Spread<
0.0 0.4
Oil Spread
0.0 1.7
Stocks Spread
Variable 0.01
Forex
Traders can access a decent range of 60+ major, minor and exotic forex pairs through standard and ECN accounts with tight spreads from 0.5 and 0.0, respectively. Execution speeds are also faster than most competitors at 50ms, which will appeal to active forex traders. RoboForex offers trading on 30+ currency pairs, trailing category leaders like Pepperstone with its 90+ forex assets. That said, the Prime and ECN accounts feature competitive average spreads of 0.1 pips on the EUR/USD. Additionally, with a minimum investment of $100, traders can utilize the CopyFX system to replicate the strategies of seasoned currency traders.
Assets
50+ 30+
GBPUSD Spread
0.0 0.4
EURUSD Spread
0.0 0.1
EURGBP Spread
0.0 0.4
Just2Trade RoboForex
RoboForex Ltd and its affiliates do not target EU/EEA/UK clients. Please be aware that you are able to receive investment services from a third-country firm at your own exclusive initiative only, taking all the risks involved.
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