Core Spreads
Roboforex
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Overview
Core Spreads was founded in 2014 and is headquartered in London, while Roboforex was established in 2009 and is based in Belize. Core Spreads 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. Core Spreads serves 10,000+ clients worldwide; Roboforex has 10,000+. Both brokers share the same minimum deposit of $1.
| Feature | Core Spreads | Roboforex |
|---|---|---|
| Min. Deposit | $1 | $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 | 2014 | 2009 |
| Country | London | Belize |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Core Spreads and Roboforex, directly affecting your bottom line as a trader. Both require a minimum deposit of $1. Roboforex charges withdrawal fees while Core Spreads does not, giving Core Spreads an edge for frequent withdrawers. Core Spreads charges deposit fees; Roboforex does not. The two brokers are broadly comparable on fee structure.
| Feature | Core Spreads | Roboforex |
|---|---|---|
| Min. Deposit | $1 | $1 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | No | No |
Platforms
Core Spreads offers MT4, MT5, cTrader, while Roboforex supports MT4, MT5, cTrader, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Roboforex supports social and copy trading features, which Core Spreads does not offer. Roboforex edges ahead on platform breadth and functionality in our scoring.
| Feature | Core Spreads | Roboforex |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Web Trader, Tablet & Mobile apps | 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 Core Spreads and Roboforex compare. Roboforex runs regular live webinars; Core Spreads does not. Both provide video tutorials. Roboforex publishes daily market commentary; Core Spreads does not. Both integrate third-party research tools. Roboforex maintains an archive of past webinars for on-demand viewing. Roboforex scores higher overall in education and research.
| Feature | Core Spreads | Roboforex |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Core Spreads 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 | Core Spreads | 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 Core Spreads and Roboforex offer live chat support. Both provide phone support. Email support is available at both brokers. Core Spreads supports 2 languages and Roboforex supports 13, giving Roboforex broader global reach. Both brokers are comparable on support quality.
| Feature | Core Spreads | 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 |