Roboforex
turbo forex
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Overview
Roboforex was founded in 2009 and is headquartered in Belize, while turbo forex was established in 2016 and is based in United States. Roboforex holds licences including RoboForex Ltd is a financial brokerage company regulated by the FSC, while turbo forex is regulated by Your capital is at risk. among others. Roboforex serves 10,000+ clients worldwide; turbo forex has 14,000+. The minimum deposit is $1 at Roboforex and $250 at turbo forex.
| Feature | Roboforex | turbo forex |
|---|---|---|
| Min. Deposit | $1 | $250 |
| 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. | Your capital is at risk. |
| Founded | 2009 | 2016 |
| Country | Belize | United States |
| Clients | 10,000+ | 14,000+ |
Fees
Fees are a critical factor when choosing between Roboforex and turbo forex, directly affecting your bottom line as a trader. Roboforex has a lower barrier to entry with a minimum deposit of $1 (vs $250 at turbo forex). Both brokers charge withdrawal fees. turbo forex applies inactivity fees on dormant accounts; Roboforex does not. turbo forex charges deposit fees; Roboforex does not. Overall, Roboforex scores higher on fees in our assessment.
| Feature | Roboforex | turbo forex |
|---|---|---|
| Min. Deposit | $1 | $250 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Roboforex offers a mobile trading app; mobile availability for turbo forex is limited. Roboforex supports social and copy trading features, which turbo forex does not offer. Roboforex edges ahead on platform breadth and functionality in our scoring.
| Feature | Roboforex | turbo forex |
|---|---|---|
| MT4 | Yes | No |
| MT5 | Yes | No |
| cTrader | Yes | No |
| Windows App | Yes | No |
| iOS App | Yes | No |
| Android App | Yes | No |
| Trading Platforms | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, 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 Roboforex and turbo forex compare. Roboforex runs regular live webinars; turbo forex does not. Roboforex has a video library; turbo forex does not. Roboforex publishes daily market commentary; turbo forex does not. Roboforex integrates third-party research tools (Trading Central); turbo forex does not. Roboforex maintains an archive of past webinars for on-demand viewing. Roboforex scores higher overall in education and research.
| Feature | Roboforex | turbo forex |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | No |
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 turbo forex supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). turbo forex uniquely supports PayPal and Skrill among the two brokers. turbo forex scores higher on deposit and withdrawal flexibility.
| Feature | Roboforex | turbo forex |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| 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 Roboforex and turbo forex offer live chat support. Both provide phone support. Email support is available at both brokers. Roboforex supports 13 languages and turbo forex supports 8, giving Roboforex broader global reach. Both brokers are comparable on support quality.
| Feature | Roboforex | turbo forex |
|---|---|---|
| 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, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |