B

GDMFX

5.6/10
Roboforex logo

Roboforex

7.9/10
3/10RegulationWinner5/10
6/10FeesWinner10/10
9/10PlatformsWinner10/10
4/10Education & ResearchWinner7/10
4/10Deposits & WithdrawalsWinner6/10
10/10SupportTied10/10

BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.

Overview

GDMFX was founded in 2012 and is headquartered in Anguilla, while Roboforex was established in 2009 and is based in Belize. GDMFX holds licences including Unregulated, while Roboforex is regulated by RoboForex Ltd is a financial brokerage company regulated by the FSC among others. GDMFX serves 10,000+ clients worldwide; Roboforex has 10,000+. The minimum deposit is $100 at GDMFX and $1 at Roboforex.

Roboforex wins this category
FeatureGDMFXRoboforex
Min. Deposit$100$1
RegulationUnregulatedRoboForex 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.
Founded20122009
CountryAnguillaBelize
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between GDMFX and Roboforex, directly affecting your bottom line as a trader. Roboforex has a lower barrier to entry with a minimum deposit of $1 (vs $100 at GDMFX). Roboforex charges withdrawal fees while GDMFX does not, giving GDMFX an edge for frequent withdrawers. GDMFX charges deposit fees; Roboforex does not. Overall, Roboforex scores higher on fees in our assessment.

Roboforex wins this category
FeatureGDMFXRoboforex
Min. Deposit$100$1
Withdrawal FeesNoYes
Inactivity FeesNoNo
Deposit FeesYesNo
CFD FeesYesNo

Platforms

GDMFX 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.

Roboforex wins this category
FeatureGDMFXRoboforex
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, Web Trader, Tablet & Mobile appsMT4, 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 GDMFX and Roboforex compare. Roboforex runs regular live webinars; GDMFX does not. Both provide video tutorials. Roboforex publishes daily market commentary; GDMFX 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.

Roboforex wins this category
FeatureGDMFXRoboforex
Forex EducationYesNo
CFD EducationNoYes
Weekly WebinarsNoYes
Daily CommentaryNoYes
Trading CentralNoYes
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. GDMFX 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.

Roboforex wins this category
FeatureGDMFXRoboforex
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both GDMFX and Roboforex offer live chat support. Both provide phone support. Email support is available at both brokers. GDMFX supports 2 languages and Roboforex supports 13, giving Roboforex broader global reach. Both brokers are comparable on support quality.

Tied
FeatureGDMFXRoboforex
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian