Best Roboforex Alternatives for 2023

The most in depth guide to Roboforex Alternatives on the Internet.

What Roboforex Does Not Offer and Alternatives For Each

When trading having a broker you can rely on is essential. If Roboforex does not match your requirements we explain the top Roboforex alternatives and Roboforex competitors in this guide. The best alternative for Roboforex is IC Markets or eToro.

When searching for a Roboforex alternative there are a few things you need to check. The Roboforex trading platform alternative that you decide upon needs to offer features and have trading fees that match your investment strategies and trading requirements. We offer a detailed list and examination of all of the top Roboforex alternatives and competitors feature by feature further below this Roboforex alternatives guide. If you are looking for a trading platform that offers similar features to Roboforex or Roboforex does not offer something that you require when trading we will show you the best Roboforex alternative options below.

We highlight the pros and cons of each Roboforex alternative. Maybe you are looking for better customer service from a Roboforex alternative, or more competitive Roboforex fees and more financial instruments to trade.

We have listed some reasons why Roboforex may not be the best broker for you. But dont worry we have compiled a list of the best alternatives further below.

Top Roboforex Alternative is IC Markets

Rating 4/5 4/5 3/5
💻 Trading Platforms MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android Web Trader, Tablet & Mobile apps
📋 Instruments Available 100 2250 2000
📈 Stocks Offerd 0 2100 2042
💎 Cryptocurrency No Yes Yes
💹 Forex Pairs 35 61 50
📈 Commodities 21 20 31
💰 Min Deposit 1 200 50
👱‍♂️ Used By 10,000+ users 180,000+ users 27,000,000+ users
📆 Founded 2009 2007 2007
👮‍♂️ Regulation Cyprus Securities and Exchange Commission (CySEC) Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)
🌍 HQ Cyprus Australia Cyprus, UK
🚫 Excluded Countries US, JP, IR, RU US, IR, CA, NZ, JP ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, UA, JO,
Risk Warning Losses can exceed deposits Losses can exceed deposits 79% of retail investor accounts lose money when trading CFDs with this provider.

If you want to see a more indepth feature by feature Roboforex alternative comparison, you can scroll further down here.

Roboforex Alternatives List

IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 180000+ registered users. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.
eToro
(3/5)
Min deposit : 50

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% 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.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

eToro was established in 2007 and is used by over 27000000+ registered users. 79% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency, Index Based Funds, Exchange Traded Funds (ETF). Cryptocurrency availability with eToro is subject to regulation. Buying and selling real cryptocurrency assets may not be available in your country through eToro. Please check the latest information made available on their website.
XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 3500000+ registered users. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.74% 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. XM offers Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs, Energies CFDs.
AvaTrade
(4/5)
Min deposit : 100
AvaTrade was established in 2006 and is used by over 300000+ registered users. 71% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading . Cryptocurrency availability with AvaTrade is subject to regulation.
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 500000+ registered users. 82% 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. XTB offers Forex, CFDs, Cryptocurrency. Cryptocurrency availability with XTB is subject to regulation.
NordFX
(4/5)
Min deposit : 1
NordFX was established in 2008 and is used by over 10000+ registered users. Losses can exceed deposits NordFX offers Forex.
FP Markets
(4/5)
Min deposit : 100
FP Markets was established in 2005 and is used by over 10000+ registered users. Losses can exceed deposits FP Markets offers Forex, CFDs.
Trading212
(3/5)
Min deposit : 1
Trading 212 was established in 2006 and is used by over 15000000+ registered users. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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. Trading 212 offers Stocks, Forex, Commodities, Indices.
EasyMarkets
(4/5)
Min deposit : 100
easyMarkets was established in 2001 and is used by over 142500+ registered users. Your capital is at risk easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto. Cryptocurrency availability with easyMarkets is subject to regulation.

roboforex alternatives
Roboforex Summary

roboforex alternatives
Roboforex Tradable Financial Assets

Roboforex Alternatives

roboforex alternatives
Roboforex Trading Account Features

roboforex alternatives
Roboforex Risk Management Features

roboforex alternatives
Roboforex Fees

roboforex alternatives
Roboforex Regulation

roboforex alternatives
Roboforex Desktop Computer and Mobile Device Support

Below is an extensive list of the best alternatives to Roboforex based on our unique 256 point criteria.

Top alternative for Roboforex is IC Markets

IC Markets is the best alternative broker to Roboforex. IC Markets has been in operation for over 12 years.

IC Markets, as a brokerage is regulated. This means IC Markets are supervised by and checked for conduct by the Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)

If Roboforex or IC Markets are not what you are looking for try eToro.

With Roboforex, Losses can exceed deposits

With IC Markets, 79% of retail investor accounts lose money when trading CFDs with this provider.

With eToro, CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.74% 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.

eToro, as a brokerage is regulated. This means eToro are supervised by and checked for conduct by the Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)

Here are some of the key reasons why traders choose IC Markets and eToro over Roboforex

  IC Markets eToro XM
Brokerage Rating (4/5) (3/5) (4/5)
Regulator Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
Min Deposit 200 50 5
Min Trade 0.01 Lot $10 0.01 Lot
Platforms MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps
Risk Warning Losses can exceed deposits 79% of retail investor accounts lose money when trading CFDs with this provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.74% 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.
  Visit IC Markets Visit eToro Visit XM

If you want to read more about IC Markets, we have put together an in-depth IC Markets review that explores their platform, spreads, and trading conditions in more detail.

If IC Markets does not match your criteria, have a look at the 10 best Roboforex alternatives below.

Best Roboforex Alternatives for 2023


learn more Learn more about IC Markets
Losses can exceed deposits