Forex.com
Roboforex
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Overview
Forex.com was founded in 2001 and is headquartered in United States, while Roboforex was established in 2009 and is based in Belize. Forex.com 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. Forex.com serves 150,000+ clients worldwide; Roboforex has 10,000+. The minimum deposit is Typical at Forex.com and $1 at Roboforex.
| Feature | Forex.com | Roboforex |
|---|---|---|
| Min. Deposit | Typical | $1 |
| Regulation | Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA) | 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 | 2001 | 2009 |
| Country | United States | Belize |
| Clients | 150,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Forex.com and Roboforex, directly affecting your bottom line as a trader. Roboforex has a lower barrier to entry with a minimum deposit of $1 (vs Typical at Forex.com). Both brokers charge withdrawal fees. Forex.com applies inactivity fees on dormant accounts; Roboforex does not. Forex.com charges deposit fees; Roboforex does not. Overall, Roboforex scores higher on fees in our assessment.
| Feature | Forex.com | Roboforex |
|---|---|---|
| Min. Deposit | Typical | $1 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Forex.com 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 | Forex.com | 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, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and 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 Forex.com and Roboforex compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. Roboforex scores higher overall in education and research.
| Feature | Forex.com | Roboforex |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Forex.com accepts 3 of the tracked payment methods (bank transfer, credit/debit card, PayPal), while Roboforex supports 3 (bank transfer, credit/debit card, Neteller). Forex.com uniquely supports PayPal among the two brokers. Roboforex uniquely supports Neteller among the two brokers. Forex.com scores higher on deposit and withdrawal flexibility.
| Feature | Forex.com | Roboforex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | 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 Forex.com and Roboforex offer live chat support. Both provide phone support. Email support is available at both brokers. Forex.com supports 3 languages and Roboforex supports 13, giving Roboforex broader global reach. Both brokers are comparable on support quality.
| Feature | Forex.com | Roboforex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Chinese, Arabic | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian |