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 Pepperstone.
When searching for a Roboforex alternative, there are a few things you need to check. The Roboforex trading platform alternative you decide upon needs features and trading fees that match your investment strategies and trading requirements. We offer a detailed list and examination 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. Or if you are looking for features that Roboforex does not offer 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 don't worry. We have compiled a list of the best alternatives below.
- Roboforex does not offer negative balance protection (See Roboforex alternatives who offer negative balance protection here)
- Roboforex does not offer Guaranteed Stop Loss (See Roboforex alternatives who offer Guaranteed Stop Loss here)
- Roboforex have withdrawal fees (See Roboforex alternatives who don’t have withdrawal fees here)
Top Roboforex Alternative is IC Markets
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| Rating | ★★★★☆ 4/5 | ★★★★☆ 4/5 | ★★★★☆ 4/5 |
| 💻 Trading Platforms | MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps |
| 📋 Instruments Available | 100 | 2250 | 1200 |
| 📈 Stocks Offerd | 0 | 2100 | 1100 |
| 💎 Cryptocurrency | No | Yes | Yes |
| 💹 Forex Pairs | 35 | 61 | 70 |
| 📈 Commodities | 21 | 20 | 16 |
| 💰 Min Deposit | 10 | 200 | 200 |
| 👱♂️ Used By | 1,000,000+ users | 180,000+ users | 400,000+ users |
| 📆 Founded | 2009 | 2007 | 2010 |
| 👮♂️ Regulation | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), 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 |
| 🌍 HQ | Belize | Australia | Australia |
| 🚫 Excluded Countries | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EU, FM, FR, GW, ID, IR, JP, LR, MP, NL, PF, RU, SE, SJ, SS, TL, TR, US | US, IR, CA, NZ, JP | AF, AS, AQ, AR, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, UY, VU, VG, EH, YE, ZW |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 74-89 % of retail investor accounts lose money when trading CFDs |
If you want to see a more indepth feature by feature Roboforex alternative comparison, you can scroll further down here.
Roboforex Alternatives List
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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.
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roboforex alternatives
Roboforex Summary
- Roboforex is used by over 1,000,000+ registered users (Look here for Roboforex alternatives that are used by more traders)
- Roboforex has a minimum deposit of $10 (Look here for Roboforex alternatives that require less minimum deposit)
- Roboforex has a minimum trade requirement of 0.01 Lot (Look here for Roboforex alternatives that require a lower minimum trade)
- Roboforex has a maximum deposit of 100 Lot (Look here for Roboforex alternatives that has a similar or greater maximum trade limit)
- Roboforex has over 11 awards (Look here for Roboforex alternatives with more awards)
roboforex alternatives
Roboforex Tradable Financial Assets
- Roboforex offers traders over 100 tradable instruments (Look here for Roboforex alternatives offering a similar amount or more tradable instruments)
- Roboforex offers over 0 shares (Look here for Roboforex alternatives offering more tradable shares)
- Roboforex offers US Shares (Look here for Roboforex alternatives offering US Stocks and Shares)
- Roboforex offers UK Shares (Look here for Roboforex alternatives offering UK Stocks and shares)
- Roboforex offers German Shares (Look here for Roboforex alternatives offering German Stocks and shares)
- Roboforex offers Japanese Shares (Look here for Roboforex alternatives offering Japanese Stocks and shares)
- Roboforex offer Indices trading (Look here for Roboforex alternatives offering Indices trading)
- Roboforex offers 21 commodities (Look here for Roboforex alternatives offering more tradable commodities)
- Roboforex offers trading in metals (Look here for Roboforex alternatives offering metal commodities)
- Roboforex does not offer trading in energy commodities (Look here for Roboforex alternatives offering energy commodities)
- Roboforex does not offer trading in agricultural commodities (Look here for Roboforex alternatives offering agricultural commodities)
- Roboforex offers trading on the Forex markets (Look here for Roboforex alternatives offering Forex trading)
- Roboforex offers 35 Forex Pairs (Look here for Roboforex alternatives offering a similar amount or more Forex Pairs)
- Roboforex offers trading with Major Forex Pairs (Look here for Roboforex alternatives offering Major Forex Pairs trading)
- Roboforex offers trading with Minor Forex Pairs (Look here for Roboforex alternatives offering Minor Forex Pairs trading)
- Roboforex offers trading with Exotic Forex Pairs (Look here for Roboforex alternatives offering Exotic Forex Pairs trading)
- Roboforex does not offer trading in Cryptocurrencies (Look here for Roboforex alternatives offering cryptocurrency trading)
- Roboforex offer CFD trading (Look here for Roboforex alternatives offering CFD trading)
- Roboforex does not offer Social Trading (Look here for Roboforex alternatives offering Social Trading accounts)
roboforex alternatives
Roboforex Trading Account Features
- ECN accounts are offered by Roboforex (Look here for Roboforex alternatives offering ECN accounts)
- STP accounts are offered by Roboforex (Look here for Roboforex alternatives offering STP accounts)
- Roboforex offers MT4 (See Roboforex alternatives offering the MT4 trading platform here)
- MT5 is offered by Roboforex (find Roboforex alternatives that offer the MT5 trading platform here)
- cTrader is offered by Roboforex (find Roboforex alternatives offering the cTrader trading platform here)
- Roboforex does offer Micro accounts (Check here for Roboforex alternatives offering micro accounts)
- Roboforex does offer VIP accounts (Check here for Roboforex alternatives offering VIP accounts)
- Roboforex does offer Islamic accounts (Check here for Roboforex alternatives offering Islamic accounts)
- Roboforex does offer Demo accounts (Check here for Roboforex alternatives offering Demo accounts)
- Roboforex does offer Spread Betting accounts (Search for Spread Betting brokers here)
- Roboforex does allow Scalping (See brokers for scalping here)
roboforex alternatives
Roboforex Risk Management Features
- Roboforex does allow hedging (See brokers for Hedging here)
- Roboforex does not offer negative balance protection (See Roboforex alternatives who offer negative balance protection here)
- Roboforex does not offer Guaranteed Stop Loss (See Roboforex alternatives who offer Guaranteed Stop Loss here)
- Roboforex does offer limit orders (See Roboforex alternatives who offer limit orders here)
- Roboforex does offer trailing stops (See Roboforex alternatives who offer trailing stops here)
- Roboforex does offer price alerts (See Roboforex alternatives who offer price alerts here)
roboforex alternatives
Roboforex Fees
- Roboforex does not have inactivity fees (See Roboforex alternatives who don’t have inactivity fees here)
- Roboforex has withdrawal fees (See Roboforex alternatives who don’t have withdrawal fees here)
- Roboforex does not have deposit fees (See Roboforex alternatives who don’t have deposit fees here)
roboforex alternatives
Roboforex Regulation
- Roboforex are not regulated by the FCA (Financial Conduct Authority) (Look here for Roboforex alternatives offering FCA regulated brokers)
- Roboforex are not regulated by CySEC (Cyprus Securities and Exchange Commission) (Look here for Roboforex alternatives offering CySEC regulated brokers)
- Roboforex are not regulated by the MiFID (Markets In Financial Instruments Directive) (Look here for Roboforex alternatives offering MiFID regulated brokers)
- Roboforex are not regulated by the ASIC (Australian Securities and Investments Commission) (Look here for Roboforex alternatives offering ASIC regulated brokers)
- Roboforex are not regulated by the FSCA (Financial Sector Conduct Authority) (Look here for Roboforex alternatives offering FSCA regulated brokers)
- Roboforex are not regulated by the DFSA (Dubai Financial Services Authority) (Look here for Roboforex alternatives offering DFSA regulated brokers)
- Roboforex are not regulated by the MAS (Monetary Authority of Singapore) (Look here for Roboforex alternatives offering MAS regulated brokers)
- Roboforex are not regulated by the FSA (Financial Services Authority) (Look here for Roboforex alternatives offering FSA regulated brokers)
roboforex alternatives
Roboforex Desktop Computer and Mobile Device Support
- Roboforex Offers an online trading platform available to all desktop and mobile devices with an internet connection. (See Roboforex alternatives that offer an online trading platform here)
- Roboforex does not offer a bespoke application for Microsoft Windows Desktop computers (See Roboforex alternatives that support desktop Windows users here)
- Roboforex does offer a bespoke application for Apple Mac Desktop computers (See Roboforex alternatives that support desktop Apple Mac users here)
- Roboforex does offer a bespoke application for mobile devices (See Roboforex alternatives that support mobile device users here)
- Roboforex does offer a bespoke application for IOS Devices (See Roboforex alternatives for IOS users here)
- Roboforex does not offer a bespoke application for Android Devices (See Roboforex alternatives for Android users here)
- Roboforex does not offer live chat support (See Roboforex alternatives that offer live chat support here)
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 Pepperstone.
With Roboforex, Losses can exceed deposits
With IC Markets, 74-89 % of retail investor accounts lose money when trading CFDs
With Pepperstone, 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.
Pepperstone, as a brokerage is regulated. This means Pepperstone are supervised by and checked for conduct by the 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
Here are some of the key reasons why traders choose IC Markets and Pepperstone over Roboforex
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IC Markets
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Pepperstone
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XM
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| Brokerage Rating | |||
| Regulator | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), 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 | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) |
| Min Deposit | 200 | 200 | 5 |
| Min Trade | 0.01 Lot | 0.01 Lot | 0.01 Lot |
| Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps |
| Risk Warning | Losses can exceed deposits | 74-89 % of retail investor accounts lose money when trading CFDs | 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 Pepperstone | 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.
