Roboforex
Trade Zero
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Overview
Roboforex was founded in 2009 and is headquartered in Belize, while Trade Zero was established in 2014 and is based in Bahamas. Roboforex holds licences including RoboForex Ltd is a financial brokerage company regulated by the FSC, while Trade Zero is regulated by Securities Commission of the Bahamas (SCB) among others. Roboforex serves 10,000+ clients worldwide; Trade Zero has 2,000+. The minimum deposit is $1 at Roboforex and $500 at Trade Zero.
| Feature | Roboforex | Trade Zero |
|---|---|---|
| Min. Deposit | $1 | $500 |
| Regulation | 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. | Securities Commission of the Bahamas (SCB) |
| Founded | 2009 | 2014 |
| Country | Belize | Bahamas |
| Clients | 10,000+ | 2,000+ |
Fees
Fees are a critical factor when choosing between Roboforex and Trade Zero, directly affecting your bottom line as a trader. Roboforex has a lower barrier to entry with a minimum deposit of $1 (vs $500 at Trade Zero). Roboforex charges withdrawal fees while Trade Zero does not, a notable advantage for frequent withdrawers. Overall, Roboforex scores higher on fees in our assessment.
| Feature | Roboforex | Trade Zero |
|---|---|---|
| Min. Deposit | $1 | $500 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Roboforex offers MT4, MT5, cTrader, a proprietary platform, while Trade Zero supports MT5, cTrader. 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 | Roboforex | Trade Zero |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Roboforex and Trade Zero 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. Trade Zero scores higher overall in education and research.
| Feature | Roboforex | Trade Zero |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Roboforex accepts 3 of the tracked payment methods (bank transfer, credit/debit card, Neteller), while Trade Zero supports 2 (bank transfer, credit/debit card). Roboforex uniquely supports Neteller among the two brokers. Roboforex scores higher on deposit and withdrawal flexibility.
| Feature | Roboforex | Trade Zero |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Roboforex and Trade Zero offer live chat support. Both provide phone support. Email support is available at both brokers. Roboforex supports 13 languages and Trade Zero supports 2, giving Roboforex broader global reach. Both brokers are comparable on support quality.
| Feature | Roboforex | Trade Zero |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, and Chinese |