forex4you
Roboforex
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Overview
forex4you was founded in 2020 and is headquartered in UK, while Roboforex was established in 2009 and is based in Belize. forex4you 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. forex4you serves 142,500+ clients worldwide; Roboforex has 10,000+. The minimum deposit is $250 at forex4you and $1 at Roboforex.
| Feature | forex4you | Roboforex |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Regulation | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F227 | 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 | 2020 | 2009 |
| Country | UK | Belize |
| Clients | 142,500+ | 10,000+ |
Fees
Fees are a critical factor when choosing between forex4you and Roboforex, directly affecting your bottom line as a trader. Roboforex has a lower barrier to entry with a minimum deposit of $1 (vs $250 at forex4you). Roboforex charges withdrawal fees while forex4you does not, giving forex4you an edge for frequent withdrawers. forex4you applies inactivity fees on dormant accounts; Roboforex does not. Overall, Roboforex scores higher on fees in our assessment.
| Feature | forex4you | Roboforex |
|---|---|---|
| Min. Deposit | $250 | $1 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
forex4you 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 | forex4you | 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, Mac, ZuluTrade, Web Trader, cTrader, 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 forex4you and Roboforex compare. Roboforex runs regular live webinars; forex4you does not. Roboforex has a video library; forex4you does not. Roboforex publishes daily market commentary; forex4you does not. Roboforex integrates third-party research tools (Trading Central); forex4you does not. Roboforex maintains an archive of past webinars for on-demand viewing. Roboforex scores higher overall in education and research.
| Feature | forex4you | 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. forex4you accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while Roboforex supports 3 (bank transfer, credit/debit card, Neteller). forex4you uniquely supports PayPal and Skrill among the two brokers. forex4you scores higher on deposit and withdrawal flexibility.
| Feature | forex4you | Roboforex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both forex4you and Roboforex offer live chat support. Both provide phone support. Email support is available at both brokers. forex4you supports 8 languages and Roboforex supports 13, giving Roboforex broader global reach. Both brokers are comparable on support quality.
| Feature | forex4you | Roboforex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian |