Nutmeg
Roboforex
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Overview
Nutmeg was founded in 2008 and is headquartered in USA, while Roboforex was established in 2009 and is based in Belize. Nutmeg holds licences including Unregulated, while Roboforex is regulated by RoboForex Ltd is a financial brokerage company regulated by the FSC among others. Nutmeg serves 10,000+ clients worldwide; Roboforex has 10,000+. The minimum deposit is $0 at Nutmeg and $1 at Roboforex.
| Feature | Nutmeg | Roboforex |
|---|---|---|
| Min. Deposit | $0 | $1 |
| Regulation | Unregulated | 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 | USA | Belize |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Nutmeg and Roboforex, directly affecting your bottom line as a trader. Nutmeg has a lower barrier to entry with a minimum deposit of $0 (vs $1 at Roboforex). Roboforex charges withdrawal fees while Nutmeg does not, giving Nutmeg an edge for frequent withdrawers. Nutmeg applies inactivity fees on dormant accounts; Roboforex does not. The two brokers are broadly comparable on fee structure.
| Feature | Nutmeg | Roboforex |
|---|---|---|
| Min. Deposit | $0 | $1 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Nutmeg 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 | Nutmeg | Roboforex |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | WebTrader, Desktop, 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 Nutmeg 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. Nutmeg scores higher overall in education and research.
| Feature | Nutmeg | Roboforex |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Nutmeg 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 | Nutmeg | 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 Nutmeg and Roboforex offer live chat support. Both provide phone support. Email support is available at both brokers. Nutmeg supports 2 languages and Roboforex supports 13, giving Roboforex broader global reach. Both brokers are comparable on support quality.
| Feature | Nutmeg | 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 |