Best Free Robo Advisors Guide
Updated June 14, 2021
Free Robo Advisors
What do you think about free robo advisors? Are they worth using? Are they safe options? There is an old saying “You get what you pay for”. That’s why many traders see free robo advisors in connotation.
But when investing, Not all free robo advisors are necessarily be bad at all. Some robo advisors can even be great tools for investors.
In a nutshell, the robo advisors are an automated system which pairs technology with methodical financial advice which are conducted automatically to support the portfolio management services.
Not only do robo advisors streamline the process of investment, but also reduce the expenses for all investors. The fees are much lower than the conventional financial advisors.
Free Robo advisors and the Catch
You might wonder if these robo advisors are 100% free. If we are talking about 100% free, then the stakes are high. Its not possible for most robo advisors to come with completely free services. The robo advisors themselves can be free. But there will be fees when you purchase the ETFs, or other services.
Whether you are using Robo advisors or other methods, ETFs always come with amanagement fee, although it is much lower than the mutual funds fees. The management fee is called a MER - Management Expense Ratio.
With brokerages, the MER is inevitable. Although most providers claim that their Robo Advisors are free, you won’t want to neglect the fact that the MER will be tied with the ETFs. MER covers all fund taxes and fees for a set time.
The Management Expense ratio consists of the operating expenses and management fees. Operating expenses, as the name suggests, cover the operations like running the fund based on the regulations. Meanwhile, the management fees are coming from all tasks done by the manager.
No worry, though. MER is not that much. MER for funds under the “FREE” robo advisors is around 0.10%
So, to answer the previous question: Is it completely free? Not really.
We would not be able to separate the MER from the robo advisors because they are integral parts of the whole activity. The MER charged on ETFs is inevitable. Although it is a free robo advisor that you are using, the MER is what makes it not completely free. But rest assured that the fees charged to you are much lower.
Opening an account with a Free Robo Advisors Provider
Depending on the brokerage that you choose, the minimum amounts to open an account can be different. From one robo advisor to another, you would expect different minimum amounts requirements. Some robo advisors even don’t have the minimum requirements to open an account so that all you need to do is to proceed. But some of them have limits. These limits are commonly smaller. But with the limitations, you will need to make the investment to open an official account.
Choosing the Right Free Robo Advisor
When you assess some of the robo advisors, you will need to apply the same criteria to assess their potential and quality. For instance, you might want to focus searching fore free robo advisors with no minimum investment requirement. Therefore, you could include the robo advisors that meet your preference, and remove the others from your list.
Although it comes with a smaller minimum investment requirement, there are some fees charged for using the robo advisor at your end. The fees can be different from one platform to another with the different form of management expense ratios.
ETFs fees are not disclosed to direct customers. Instead, the fund will automatically be allocating the paying of these fees. So, you won’t need to do it manually.
The good free robo advisors are the ones which provides good asset allocation. Of course, you will want to have a reliable investment portfolio so that you can mitigate the risks and improve the chance to make the gains.
You will want to skip options which do not manage your portfolio well. When assessing multiple services out there, you could check if they are using the Modern Portfolio Theory as their guidance or not.
The key here is that the free robo advisors should be able to provide good balance between the risk and reward.
Free Robo Advisors are there to automate the process. Therefore, it would be sensible to only focus on the advisors who can make the right investment decisions.
A good robo advisor will be able to make the right decision, and automate the executions when several requirements are met. You will have peace of mind knowing that someone is handling the investment portfolio for you.
As we know, poor emotional decisions can lead to the failure with an investment portfolio. The robo advisor uses automation reading the market with the aim of making the best choice available. It can read the opportunities so well so that it won’t hurt your investment portfolio.
We've collected thousands of datapoints and written a guide to help you find the best Free Robo Advisors for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best free robo advisors below.
Reputable Free Robo Advisors Checklist
There are a number of important factors to consider when picking an online Free Robo Advisors trading brokerage.
- Check your Free Robo Advisors broker has a history of at least 2 years.
- Check your Free Robo Advisors broker has a reasonable sized customer support of at least 15.
- Does the Free Robo Advisors broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Check your Free Robo Advisors broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your Free Robo Advisors broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your Free Robo Advisors can hire people from various locations in the world who can better communicate in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Our brokerage comparison table below allows you to compare the below features for brokers offering Free Robo Advisors.
We compare these features to make it easier for you to make a more informed choice.
- Minimum deposit to open an account.
- Available funding methods for the below Free Robo Advisors.
- What you are able to trade with each brokerage.
- Trading Platforms offered by these brokers.
- Spread type (if applicable) for each brokerage.
- Customer support levels offered.
- We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 Free Robo Advisors of 2021 compared
Here are the top Free Robo Advisors.
Compare Free Robo Advisors min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are free robo advisors. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more free robo advisors that accept free robo advisors clients
| Broker |
AvaTrade
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IC Markets
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XTB
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Roboforex
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Pepperstone
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XM
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FP Markets
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FXPrimus
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EasyMarkets
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ThinkMarkets
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NordFX
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| Rating | |||||||||||
| Regulation | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Financial Sector Conduct Authority (FSCA), Markets In Financial Instruments Directive (MiFID), TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority, FRN 629628. TF Global Markets (Aust) Limited is the holder of Australian Financial Services Licence number 424700. TF Global Markets (South Africa) (Pty) Ltd is an Authorised Financial Services Provider (FSP No 49835), Financial Services Authority Seychelles (FSA) | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13 |
| Min Deposit | 250 | 200 | No minimum deposit | 1 | 200 | 5 | 100 | 100 | 100 | No minimum deposit | 1 |
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| Used By | 200,000+ | 180,000+ | 250,000+ | 10,000+ | 89,000+ | 3,500,000+ | 10,000+ | 10,000+ | 142,500+ | 500,000+ | 10,000+ |
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| Platforms | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps |
| Support |
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| Learn More |
Sign
Up with avatrade |
Sign
Up with icmarkets |
Sign
Up with xtb |
Sign
Up with roboforex |
Sign
Up with pepperstone |
Sign
Up with xm |
Sign
Up with fpmarkets |
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Up with fxprimus |
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Up with easymarkets |
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Up with thinkmarkets |
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Up with nordfx |
| Risk Warning | 72% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | Your capital is at risk | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.50% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Losses can exceed deposits |
| Demo |
AvaTrade Demo |
IC Markets Demo |
XTB Demo |
Roboforex Demo |
Pepperstone Demo |
XM Demo |
FP Markets Demo |
FXPrimus Demo |
easyMarkets Demo |
ThinkMarkets Demo |
NordFX Demo |
| Excluded Countries | BE, BR, KP, NZ, TR, US, CA, SG | AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA | US, IN, PK, BD, NG , ID, BE, AU | US, JP | BR, KR, IR, IQ, SY, JP, US | US, CA, IL, KR, IR, MM, CU, SD, SY | US, JP, NZ | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. | US | AF, Yugoslavia, AO, GM, NG, AW, GH, KR, BY, GN, BO, GN, PK, BW, HT, PG, IR, PN Island, Burma MM, IQ, RW, KH, , SN, CF, JP, Sierra, Leone, TD, KG, SO, CI , LB, SZ, CU, LS, SY, of CG, LR, TJ, DJ, LY, Tanzania, EC, Laos, TG, ER, ML, TM, ET, MN, UG, Falkland Islands, NA, US of America, FJ, NI, YE, ZW | No |
All Free robo advisors in more detail
You can compare Free Robo Advisors ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Free Robo Advisors for 2021 article further below. You can see it now by clicking here
We have listed top Free robo advisors below.
Free Robo Advisors Table of Contents
- Free Robo Advisors Explained
- 6 Factors to Consider when Choosing Free Robo Advisors
- Are Your Free Robo Advisors Trusted And Established?
- Are The Free Robo Advisors World Leading?
- What are the Free Robo Advisors Commissions and Fees?
- What are the Free Robo Advisors Funding and Withdrawl Methods?
- Find Free Robo Advisors with Round-the-clock support?
- Make sure the Free Robo Advisors Offer Comprehensive Trader resources?
- Why Free Robo Advisors needs to be regulated?
- Free Robo Advisors FAQ
- What are the best Free robo advisors brokers?
- What is the best Free robo advi broker?
- Related Free Robo Advisors Reviews
- Related Free Robo Advisors Alternatives
- Related Free Robo Advisors Comparisons
Free Robo Advisors Explained
Trading the financial markets with Free Robo Advisors when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for Free Robo Advisors is the platform that a Free Robo Advisors offer.
Choose Free Robo Advisors that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need Free Robo Advisors that you can rely on.
6 Factors to Consider when Choosing Free Robo Advisors
Follow these five rules for selecting a broker that's right for you:
Are Your Free Robo Advisors Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated Free Robo Advisors broker is AvaTrade. Established in 2006, and in operation for 12 years AvaTrade have a head office in The British Virgin Islands.
AvaTrade is regulated. This means AvaTrade are supervised by and is checked for conduct by Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) regulatory bodies.
Another top rated broker is IC Markets.
IC Markets was established 2007, and in operation for 12 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) regulatory bodies.
| Broker |
AvaTrade
|
IC Markets
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XTB
|
Roboforex
|
Pepperstone
|
XM
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| Year Established | 2006 | 2007 | 2002 | 2009 | 2010 | 2009 |
| Head Office | The British Virgin Islands | Australia | Poland | Cyprus | Australia | Cyprus |
| Regulation | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) | Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) |
| Used By | 200,000+ | 180,000+ | 250,000+ | 10,000+ | 89,000+ | 3,500,000+ |
| Negative balance protection | No | Yes | Yes | No | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No | No | No |
| Learn More | Visit AvaTrade | Visit IC Markets | Visit XTB | Visit Roboforex | Visit Pepperstone | Visit XM |
| Risk Warning | 72% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Your capital is at risk |
Are The Free Robo Advisors World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. AvaTrade Segregates clients funds and offers over 1000 instruments. AvaTrade offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, the AvaTrade platform enables access to a variety of financial markets worldwide. AvaTrade is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Free Robo Advisors is IC Markets . IC Markets Segregates clients funds and offers over 232 instruments.
| Broker |
AvaTrade
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IC Markets
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XTB
|
Roboforex
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Pepperstone
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XM
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| Instruments Available | 1000 | 232 | 4000 | 100 | 100 | 1000 |
| Platforms | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps |
| Excluded Countries | BE, BR, KP, NZ, TR, US, CA, SG | US | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | US, JP | BR, KR, IR, IQ, SY, JP,US | US, CA, IL, KR, IR, MM, CU, SD, SY, PT |
| Forex pairs offered | 80 | 65 | 57 | 35 | 70 | 80 |
| Forex pairs offered | 80 | 65 | 57 | 35 | 70 | 80 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | Yes | Yes | Yes | No | Yes | No |
| Commodities Offered | 16 | 19 | 21 | 21 | 16 | 15 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | No | Yes | Yes |
| Agricultural | Yes | Yes | Yes | No | No | No |
| Stocks Offered | 99 | 110 | 1696 | 0 | 60 | 160 |
| UK Shares | Yes | No | Yes | No | No | No |
| US Shares | Yes | Yes | Yes | No | No | No |
| German Shares | Yes | Yes | Yes | No | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | No | No | Yes |
What are the Free Robo Advisors Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Free Robo Advisors broker AvaTrade offers competitive offers for Forex, CFDs, Spread Betting, Social Trading. AvaTrade minimum deposit is 250.
Another top rated Free Robo Advisors broker IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
AvaTrade
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IC Markets
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XTB
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Roboforex
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Pepperstone
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XM
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| Min Deposit | 250 | 200 | 0 | 1 | 200 | 5 |
| Withdrawl Fees | No | No | varies | Yes | No | No |
| Inactivity Fees | No | No | Yes | No | Yes | Yes |
| Deposit Fees | No | Varies | No | No | No | No |
| CFD Commission Fees | No | Yes | Yes | No | Yes | No |
What are the Free Robo Advisors Funding and Withdrawal Methods?
When dealing with Free Robo Advisors having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
AvaTrade
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IC Markets
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XTB
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Roboforex
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Pepperstone
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XM
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| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | Yes | No | Yes | No |
| Skrill | No | Yes | Yes | No | Yes | No |
| Payoneer | Yes | No | Yes | Yes | Yes | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes |
Find Free Robo Advisors with Round-the-clock support?
Customer service is very important when dealing with Free Robo Advisors.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
Free Robo Advisors customer support can include Phone answering services, Live chat support and Email customer service support.
AvaTrade support a wide range of languages including English, Italian, German, French, Greek, and Hebrew
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
AvaTrade and IC Markets offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
AvaTrade
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IC Markets
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XTB
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Roboforex
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Pepperstone
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XM
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| Support |
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| Languages | English, Italian, German, French, Greek, and Hebrew | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | 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 | Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish |
| Learn More | Visit AvaTrade | Visit IC Markets | Visit XTB | Visit Roboforex | Visit Pepperstone | Visit XM |
| Risk Warning | 72% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Your capital is at risk |
Make sure the Free Robo Advisors Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, AvaTrade and IC Markets work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.
Why Free Robo Advisors needs to be regulated?
A regulated Free Robo Advisors broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
Free Robo Advisors brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.
Free Robo Advisors List
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, MacCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account