NordFX
Roboforex
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Overview
NordFX was founded in 2008 and is headquartered in Mauritius, while Roboforex was established in 2009 and is based in Belize. NordFX holds licences including VFSC (15008), while Roboforex is regulated by RoboForex Ltd is a financial brokerage company regulated by the FSC among others. NordFX serves 10,000+ clients worldwide; Roboforex has 10,000+. The minimum deposit is $10 at NordFX and $1 at Roboforex.
| Feature | NordFX | Roboforex |
|---|---|---|
| Min. Deposit | $10 | $1 |
| Regulation | VFSC (15008) | 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 | 2008 | 2009 |
| Country | Mauritius | Belize |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between NordFX and Roboforex, directly affecting your bottom line as a trader. Roboforex has a lower barrier to entry with a minimum deposit of $1 (vs $10 at NordFX). Roboforex charges withdrawal fees while NordFX does not, giving NordFX an edge for frequent withdrawers. NordFX applies inactivity fees on dormant accounts; Roboforex does not. The two brokers are broadly comparable on fee structure.
| Feature | NordFX | Roboforex |
|---|---|---|
| Min. Deposit | $10 | $1 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
NordFX offers MT4, MT5, 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 | NordFX | Roboforex |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | No | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, 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 NordFX and Roboforex compare. Roboforex runs regular live webinars; NordFX does not. Both provide video tutorials, including advanced content. Roboforex publishes daily market commentary; NordFX does not. Roboforex integrates third-party research tools (Trading Central); NordFX does not. Roboforex maintains an archive of past webinars for on-demand viewing. Roboforex scores higher overall in education and research.
| Feature | NordFX | Roboforex |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | 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. NordFX accepts 4 of the tracked payment methods (bank transfer, credit/debit card, Skrill, Neteller), while Roboforex supports 3 (bank transfer, credit/debit card, Neteller). NordFX uniquely supports Skrill among the two brokers. NordFX scores higher on deposit and withdrawal flexibility.
| Feature | NordFX | Roboforex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | 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 NordFX and Roboforex offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 13 languages. Both brokers are comparable on support quality.
| Feature | NordFX | Roboforex |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Spanish, Russian, Chinese, Arabic, Hindi, Bengali, Farsi, Indonesian, Thai, Sinhalese, Vietnamese, Malay | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian |