Nobody enjoys reading broker marketing pages. Most of them talk about tight spreads, fast execution, and being trusted by millions, without telling you anything useful. That’s part of why platforms like investinglive.com exist: to pull the real numbers out from under the marketing language and lay them out plainly. Its breakdown of RoboForex is a good example: a broker operating since 2009, licensed by the Financial Services Commission of Belize (000138/32), examined through instrument counts, leverage tiers, and fee tables.
What 12,000+ Instruments Means
The number itself doesn’t matter much. What matters is whether it changes anything for you. If you only trade currency pairs, thousands of extra instruments are just noise. You care about spread quality on majors and whether exotics have enough liquidity to bother with. But if you want to hold gold alongside a few US equity CFDs and a EUR/USD position, having all of these under one account is convenient. That’s really the value here, not having to juggle logins across separate brokers.
The Account Types, Without the Sales Pitch
Here’s how the five account types break down:
- Pro. Suits beginners, with a $10 minimum, spreads from 1.3 pips, and a low barrier to just get started.
- ProCent. For testing a strategy or an EA before risking real size.
- ECN. Works for traders who care about spread cost more than convenience; cashback pulls effective commissions down to near $18 per million traded.
- Prime. The same idea for higher volume, with costs dropping closer to $9 per million.
- R StocksTrader. Real equities, not CFDs, with spreads from 0.002 pips and a $100 minimum.
None of these is the best one. They’re answers to different questions, and which one fits depends on what stage you’re at as a trader.
Fees Where Most Brokers Get Cagey
A lot of brokers bury their costs somewhere inside a shifting spread and hope nobody does the math. This one at least splits it cleanly: Pro and ProCent charge nothing beyond the spread itself, so what you see is what you pay. ECN and Prime flip that, with spreads that shrink toward raw interbank pricing, then a flat per-lot commission gets added on top. It only makes financial sense once your volume is high enough to justify it. R StocksTrader wraps its cost into a markup capped at around 0.3% of asset value. Deposits cost nothing. Withdrawals are also commission-free, aside from whatever your bank decides to charge on its end. There’s also a recurring free-withdrawal window on the first and third Tuesday of each month, a small detail worth planning around.
Leverage Isn’t One Number
Pro and ProCent go up to 1:2000, and that demands discipline. ECN and Prime cap at 1:300. R StocksTrader sits at just 1:20, which makes sense since it’s stock exposure, not leveraged CFDs. Negative balance protection runs across all account types, so a bad volatility spike zeroes out your account instead of putting you in debt. The details worth checking before committing anything, including swap rates, contract sizes, and full account specs, are what a resource like investinglive.com’s review lays out in one place.