Abshire Smith
Roboforex
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Overview
Abshire Smith was founded in 1997 and is headquartered in United kingdom, while Roboforex was established in 2009 and is based in Belize. Abshire Smith holds licences including Financial Conduct Authority (FCA), while Roboforex is regulated by RoboForex Ltd is a financial brokerage company regulated by the FSC among others. Abshire Smith serves 10,000+ clients worldwide; Roboforex has 10,000+. The minimum deposit is $500 at Abshire Smith and $1 at Roboforex.
| Feature | Abshire Smith | Roboforex |
|---|---|---|
| Min. Deposit | $500 | $1 |
| Regulation | Financial Conduct Authority (FCA) | RoboForex Ltd is a financial brokerage company regulated by the FSC, license No. 000138/437, reg. number 128.572. Address: 2118 Guava Street, Belama Phase 1, Belize City, Belize. |
| Founded | 1997 | 2009 |
| Country | United kingdom | Belize |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Abshire Smith and Roboforex, directly affecting your bottom line as a trader. Roboforex has a lower barrier to entry with a minimum deposit of $1 (vs $500 at Abshire Smith). Roboforex charges withdrawal fees while Abshire Smith does not, giving Abshire Smith an edge for frequent withdrawers. Abshire Smith charges deposit fees; Roboforex does not. Overall, Roboforex scores higher on fees in our assessment.
| Feature | Abshire Smith | Roboforex |
|---|---|---|
| Min. Deposit | $500 | $1 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
Abshire Smith offers MT4, MT5, cTrader, while Roboforex supports MT4, MT5, cTrader, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. Roboforex edges ahead on platform breadth and functionality in our scoring.
| Feature | Abshire Smith | Roboforex |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4, cTrader Platform | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Abshire Smith and Roboforex compare. Roboforex runs regular live webinars; Abshire Smith does not. Roboforex has a video library; Abshire Smith does not. Roboforex publishes daily market commentary; Abshire Smith does not. Roboforex integrates third-party research tools (Trading Central); Abshire Smith does not. Roboforex maintains an archive of past webinars for on-demand viewing. Roboforex scores higher overall in education and research.
| Feature | Abshire Smith | Roboforex |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Abshire Smith accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Roboforex supports 3 (bank transfer, credit/debit card, Neteller). Roboforex uniquely supports Neteller among the two brokers. Roboforex scores higher on deposit and withdrawal flexibility.
| Feature | Abshire Smith | Roboforex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Abshire Smith and Roboforex offer live chat support. Both provide phone support. Email support is available at both brokers. Abshire Smith supports 2 languages and Roboforex supports 13, giving Roboforex broader global reach. Both brokers are comparable on support quality.
| Feature | Abshire Smith | Roboforex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian |