This contrast guide aids individuals that have a hard time to pick between IronFX and RoboForex to discover the very best online broker for their trading and investment requirements. It examines the main features of the two brokers alongside to aid individuals contrast their service and make an educated decision.
To help users choose the best broker between IronFX and RoboForex to discover the best-suited system, below is a listing of broker’s benefits and drawbacks, complied with by a comparison of their primary trading functions, including trading platforms & devices, charges, mobile trading, deposit & withdrawal, assets, regulation, and customer assistance.
IronFX vs. RoboForex: Summary
IronFX is a forex and CFD broker founded in 2010. Therefore, it is regulated by two tier-one financial authorities (CySec and ASIC) and is considered safe. The broker provides users access to 80 forex pairs and over 300 CFDs on forex, spot metals, and futures. The broker allows trading with up to 1:300 leverage and offers a free demo account for beginner traders.
IronFX fees are below average compared to similar brokers from the industry. They charge low spreads from 0.1 pips (EUR/USD). Additionally, the broker charges 3% inactivity fees after 90 consecutive days of inactivity on any account.
IronFX’s customer support is available through email (support@IronFX.com) and live chat in English and Arabic.
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 forex spreads from 0.8 pips (EUR/USD)
- Wide range of platforms and plugins (MetaTrader 4, AutoChartist, and Trading Central)
- Great research and education materials
- 7 Different account types
Cons
- Algorithmic trading is only available through MetaTrader 4
- High inactivity fees (3% of account balance after 90 days)
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
- Access to over 80 forex pairs and 300 CFDs
- Compatible with MT4 and Trading Central
- Excellent Copy Trading features
- Advanced charting and analysis tools
- Welcome bonuses for new users
- Commission-free CFD trading and low floating spreads from 0,0 pips
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
IronFX vs. RoboForex Comparison
Select up to 3 Brokers
IronFX
RoboForex
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1000:1 | 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
| Withdrawal Fee | 0 | 0 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | 3% on withdrawal if you have not entered a trade after deposit | 0 |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | 0 |
| Forex (EUR/USD) | 0.7 | 1 |
| Stocks & ETF | 0 | 0 |
| CFD (Gold) | 0.6 | 7 |
| Crypto | 0 | 0 |
| Options | 0 | 0 |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $100.00 | $10.00 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 0 | 12000 |
| ETF & Funds | 0 | 1000 |
| Crypto | 0 | 0 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 0 | 0 |
| Futures | 27 | 0 |
| Bonds | 0 | 0 |
| Forex Instruments | 84 | 40 |
| CFD Indices & Funds | 21 | 1100 |
| CFD Stocks | 150 | 12000 |
| CFD Commodities | 16 | 100 |
| CFD Crypto | 0 | 0 |
| CFD Bonds | 0 | 0 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
IronFX vs. RoboForex Comparison Conclusion
The results of our comparison of IronFX vs. RoboForex are involved the table listed below.
| Broker: | Best For: |
| IronFX | Forex and CFD Trading & Social Copy Trading |
| RoboForex | Forex and CFDs and Welcome bonuses |
Picking the ideal selection in between IronFX and RoboForex can be difficult. Both on-line brokers have resemblances but vary pertaining to trading instruments, systems & applications, regulation, deposit & withdrawals, and research and education. Picking the very best broker depends on individuals’ trading & financial investment objectives, private choices, 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.