IQ Option vs. RoboForex Comparison

This comparison guide assists customers that have a hard time to choose between IQ Option and RoboForex to find the very best online broker for their trading and investment demands. It analyzes the main features of the two brokers side-by-side to assist users contrast their service and make an informed decision.

To aid individuals choose the ideal broker in between IQ Option and RoboForex to find the best-suited system, listed below is a checklist of broker’s advantages and disadvantages, followed by a comparison of their major trading attributes, consisting of trading platforms & devices, costs, mobile trading, down payment & withdrawal, properties, guideline, and client support.

IQ Option vs. RoboForex: Summary

IQ Option logo

IQ Option is a well established online broker great for users looking to trade forex, options and CFDs on a intuitive trading platform. Their well rounded offer consists of low spreads, a sophisticated trading platform, free demo account option, and responsive customer support in English language. They offer islamic accounts and copy trading in Arabic language which allows you to copy portfolios from seasoned investors and traders.

IQ Option is a trustworthy and reliable market maker broker and subject to the highest standards of regulation in the industry. Options trading is no longer available.

“RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK”
General Risk Warning: “The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose”

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 any 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

  • Multi-chart platform layout with technical analysis
  • Fast trade execution
  • 24/7 customer support in Arabic and English
  • Free demo account with $10.000 virtual money
  • Leverage of up to 1:1000

Cons

  • Trading fees are above industry average
  • Inactivity fee $10/90days

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

  • Limited banking options available

Key features

  • Access to a wide variety of markets
  • Great research and education tools
  • User friendly platform
  • $10 minimum deposit and $1 minimum trade requirement
  • Access to 3000+ tradable symbols

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

IQ Option vs. RoboForex Comparison

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Compare brokers
IQ option

IQ Option

Open account Read review

“RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK”

roboforex-logo

RoboForex

Open account Read review

79.43% of retail investor accounts lose money when trading CFDs

BROKER COMPARISON

IQ option
roboforex-logo

Overall rating

2,8/5

4,3/5

Overall rating

2,8/5

4,3/5

Trading Platform & Tools

3.1

4.3

See details
Automated Trading
Charting Tools
Conditional Orders
cTrader
Demo Account
Desktop Platform
Max Leverage 500:1 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

3.3

4.6

See details
Withdrawal Fee 0 (*currency conversion fee might apply) 0
Deposit Fee 0
Inactivity Fee 0
Cost Per Trade 0 0
Cost Per Month 10 EUR 0
Forex (EUR/USD) 4.7pip 1
Stocks & ETF 0.48pip 0
CFD (Gold) 4.8pip 7
Crypto 127.14pip 0
Options 0 0
Conversion Fees 0 0
Misc. Fees 0 0
Overnight Fees

Mobile Trading

3.0

4.4

See details
Android
Apple
Watchlist
Econ. Calendar
Charting Tools

Deposit & Withdrawal

3.8

4.1

See details
Minimum deposit (in UAE) $10 $10.00
Bank Wire
Credit/Debit Card
Cash
Check
Islamic Account Transfer
E-payments
Paypal
Skrill
Neteller

Assets

2.0

3.8

See details
Shares Over 180 12000
ETF & Funds 0 1000
Crypto 19 0
Commodities 9 0
Indices 9 0
Options Over 40 0
Futures 0 0
Bonds 0 0
Forex Instruments Over 30 40
CFD Indices & Funds Over 20 1100
CFD Stocks OVer 180 12000
CFD Commodities 9 100
CFD Crypto 19 0
CFD Bonds 0 0
Binary Options 0 0
SWAPS 0 0
Saving Plans 0 0

Regulation

1.0

5.0

See details
Tier 1 License
Tier 2 License
Tier 3 License

Research & Education

1.4

3.8

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

Customer Support

4.5

4.7

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

Winner

IQ Option vs. RoboForex Comparison Conclusion

The outcomes of our comparison of IQ Option vs. RoboForex are involved the table listed below.

Broker:Best For:
IQ OptionForex and CFD trading
RoboForexForex and CFDs and Welcome bonuses

Selecting the right choice between IQ Option and RoboForex can be challenging. Both online brokers have similarities yet vary pertaining to trading instruments, systems & applications, regulation, deposit & withdrawals, and study and education and learning. Choosing the very best broker relies on users’ trading & financial investment goals, private choices, and experience level.

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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