Finq.com vs. RoboForex Comparison

This contrast guide aids individuals that struggle to pick in between Finq.com and RoboForex to find the very best online broker for their trading and financial investment needs. It examines the highlights of the two brokers side-by-side to help users contrast their solution and make an informed decision.

To assist individuals select the ideal broker between Finq.com and RoboForex to locate the best-suited system, below is a list of broker’s advantages and disadvantages, complied with by a contrast of their main trading attributes, consisting of trading systems & devices, fees, mobile trading, down payment & withdrawal, possessions, law, and customer assistance.

Finq.com vs. RoboForex: Summary

Finq-com-logo

Finq.com is a CFD broker based in Israel. Although the broker is regulated by the FSA, it is not considered safe. Users can access 2,100 financial instruments, including CFDs on stocks, commodities, forex, ETFs, indices, cryptocurrencies, and bonds. Trading platforms are available as a web version and MT4 integration.

Finq.com trading fees are average compared to similar CFD brokers from the industry. They charge an average floating spread of 0,14 pips on EUR/USD and no commission on CFD trades. There are no additional trading or non-trading fees, such as inactivity, currency conversion, or deposit and withdrawal transaction fees.

Finq.com’s customer support is available by email (support@finq.com), live chat, and WhatsApp in Arabic and English.

roboforex-logo

RoboForex is a forex and CFD broker regulated by the IFSC. They provide users access to over 12,000 tradable instruments including CFDs on stocks, futures, indices, cryptocurrencies, and forex.

RoboForex users can choose between various platforms including a proprietary platform (RoboForex Terminals), MetaTrader 4, MetaTrader 5, and cTrader.

RoboForex offers competitive trading fees compared to similar brokers in the industry (Pepperstone and IC Markets). They charge tight spreads from 0.0 pips EUR/USD and an additional commission. Apart from that, RoboForex doesn’t charge hidden commissions or fees. The maximum leverage at RoboForex is 1:2000 and all clients get access to a free VPS server.

RoboForex’s customer support is available by email, phone, and live chat in English, Arabic, and over 10 other languages.

Pros

  • Low minimum deposit ($100)
  • Competitive spread from 0.14 pips (EUR/USD)
  • No hidden fees
  • Up to $4,000 welcome bonus for new traders
  • $10,000 free demo account

Cons

  • Limited regulation
  • High minimum deposit of $100
  • Lacks educational material and research resources

Pros

  • Low minimum deposit ($10)
  • Forex spreads from 0.0 pips (EUR/USD)
  • MT4, MT5 and cTrader integration
  • Excellent customer support
  • Access to 12,000 tradable assets
  • Availability of copy trading tools (CopyFX)

Cons

  • Floating spreads
  • Limited banking options available

Key features

  • Competitive trading fees
  • Compatibility with MT4 and TradingCentral
  • Access to over 2,100 financial instruments
  • Free demo account availability
  • Fast registration and KYC on-boarding process
  • 24/5 support in English and Arabic

Key features

  • Access to 12,000 financial instruments
  • High welcome and profit share bonuses
  • Access to Expert Advisors (EA’s) through the R StocksTrader Strategy Builder
  • Social trading via CopyFX
  • Intuitive mobile trading app

Finq.com vs. RoboForex Comparison

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roboforex-logo

RoboForex

Open account Read review

79.43% of retail investor accounts lose money when trading CFDs

BROKER COMPARISON

Finq-com-logo
roboforex-logo

Overall rating

3,4/5

4,3/5

Overall rating

3,4/5

4,3/5

Trading Platform & Tools

3.5

4.3

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 300:1 2000:1
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Mobile Version
Mutual Fund Management
Proprietary Platform
Social/Copy Trading
Trading Alerts
Trading signals
Watchlist
Web Version

Fees

3.5

4.6

See details
Withdrawal Fee 0 0
Deposit Fee 0 0
Inactivity Fee $50 if no trades after 3 months 0
Cost Per Trade 0 0
Cost Per Month 0 0
Forex (EUR/USD) 0.8 1
Stocks & ETF 0 0
CFD (Gold) 0.3 7
Crypto 0 0
Options 0 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

3.4

4.4

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

4.0

4.1

See details
Minimum deposit (in UAE) $100.00 $10.00
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

2.9

3.8

See details
Shares 0 12000
ETF & Funds 0 1000
Crypto 0 0
Commodities 0 0
Indices 0 0
Options 0 0
Futures 0 0
Bonds 0 0
Forex 55 40
CFD Indices & Funds 50 1100
CFD Stocks 2000 12000
CFD Commodities 19 100
CFD Crypto 4 0
CFD Bonds 5 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

3.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

3.0

3.8

See details
Webinars
Educational Resources
Daily News Updates
Market Indepth Analysis
Pers. Training & Room
Market Research

Customer Support

3.5

4.7

See details
Email
Phone
Live Chat
24/7 support
Multilingual
Personal Account Manager

Winner

Finq.com vs. RoboForex Comparison Conclusion

The results of our contrast of Finq.com vs. RoboForex are involved the table below.

Broker:Best For:
Finq.comCFD Trading With Welcome Bonuses
RoboForexForex and CFDs and Welcome bonuses

Choosing the best selection between Finq.com and RoboForex can be tough. Both on the internet brokers have resemblances however differ concerning trading instruments, systems & apps, guideline, deposit & withdrawals, and study and education and learning. Choosing the best broker relies on individuals’ trading & financial investment goals, individual preferences, and experience degree.

To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.

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