IFC Markets is a global broker that offers trading and investment services in forex, CFDs, stocks, indices, metals, commodities and cryptocurrencies. The broker was founded in 2006 and is regulated by the British Virgin Islands Financial Services Commission (BVI FSC). IFC Markets has over 10,000 clients from more than 60 countries and provides access to over 650 trading instruments.
RoboMarkets is a Cyprus-based broker that offers trading and investment services in forex, CFDs, stocks, indices, metals, commodities and cryptocurrencies. The broker was established in 2012 and is regulated by the Cyprus Securities and Exchange Commission (CySEC). RoboMarkets has over 1 million clients from more than 170 countries and provides access to over 12,000 trading instruments.
IFC Markets vs RoboMarkets Regulation Comparison
Broker
Regulator
License Number
Investor Compensation Fund
IFC Markets
BVI FSC
SIBA/L/14/1073
No
RoboMarkets
CySEC
191/13
Yes (up to €20,000 per client)
IFC Markets vs RoboMarkets Trading Assets Comparison
Broker
Forex Pairs
Stocks
Indices
Metals
Commodities
Cryptocurrencies
IFC Markets
50+
3000+ (US)
15+
4+
8+
26+
RoboMarkets
40+
12000+ (US, EU)
10+
7+
6+
26+
IFC Markets vs RoboMarkets Trading Fees Comparison
Broker
Spreads
Commissions
Swap Rates
IFC Markets
From 0.4 pips on Pro account; from 1.3 pips on Standard account; from 0 pips on NetTradeX account; from $0.004 per share on MT4/MT5 accounts; from $0 per share on R StocksTrader account.
No commission on Pro, Standard and NetTradeX accounts; $0.01 per share on MT4/MT5 accounts; no commission on R StocksTrader account.
Based on market rates; tripled on Wednesdays.
RoboMarkets
From 0 pips on Prime and ECN accounts; from 1.3 pips on Pro-Standard account; from $0 per share on R StocksTrader account.
From $4 per lot on Prime account; from $20 per million USD traded on ECN account; no commission on Pro-Standard account; no commission on R StocksTrader account.
Based on market rates; tripled on Wednesdays.
IFC Markets vs RoboMarkets Account Types Comparison
Broker
Account Types
Minimum Deposit
IFC Markets
Pro (MT4/MT5), Standard (MT4/MT5), NetTradeX (proprietary platform), MT4/MT5 (for stocks), R StocksTrader (for stocks) .
$100 for Pro, Standard and NetTradeX accounts; $500 for MT4/MT5 accounts; $100 for R StocksTrader account.
RoboMarkets
Prime (MT4/MT5), ECN (MT4/MT5/cTrader), Pro-Standard (MT4/MT5/cTrader), R StocksTrader (for stocks) .
$100 for Prime, ECN and Pro-Standard accounts; $100 for R StocksTrader account.
IFC Markets vs RoboMarkets Deposit Options Comparison
Broker
Deposit Methods
Withdrawal Methods
IFC Markets
Bank transfer, credit/debit cards, Skrill, Neteller, WebMoney, Perfect Money, FasaPay, QIWI, China UnionPay, Bitcoin .
Bank transfer, credit/debit cards, Skrill, Neteller, WebMoney, Perfect Money, FasaPay, QIWI, China UnionPay, Bitcoin .
RoboMarkets
Bank transfer, credit/debit cards, Skrill, Neteller, WebMoney, FasaPay, QIWI, China UnionPay, Bitcoin, Ethereum .
Bank transfer, credit/debit cards, Skrill, Neteller, WebMoney, FasaPay, QIWI, China UnionPay, Bitcoin, Ethereum .
IFC Markets vs RoboMarkets Trading Platforms Comparison
Broker
Trading Platforms
Web Trading
Mobile Trading
IFC Markets
MT4/MT5 (for forex and CFDs), NetTradeX (proprietary platform for forex and CFDs), R StocksTrader (proprietary platform for stocks) .
Yes (MT4/MT5 WebTrader and R StocksTrader) .
Yes (MT4/MT5 Mobile and R StocksTrader Mobile) .
RoboMarkets
MT4/MT5 (for forex and CFDs), cTrader (for forex and CFDs), R StocksTrader (proprietary platform for stocks) .
Yes (MT4/MT5 WebTrader and R StocksTrader) .
Yes (MT4/MT5 Mobile, cTrader Mobile and R StocksTrader Mobile) .
IFC Markets vs RoboMarkets Analytical Tools Comparison
Broker
Analytical Tools
IFC Markets
Economic calendar, market sentiment indicators, trading central signals and analysis, portfolio quotation method (GeWorko Method), personal composite instruments (PCI) .
RoboMarkets
Economic calendar, market sentiment indicators, trading central signals and analysis, R Trader Strategy Builder (for creating automated trading strategies), RoboForex Analytics Center (for market analysis and forecasts) .
IFC Markets vs RoboMarkets. Which forex broker is better? Which forex broker should you choose?
There is no definitive answer to which forex broker is better or which one you should choose. It depends on your personal preferences, trading style, goals and risk appetite. However, you can consider some of the following factors:
Regulation: RoboMarkets is regulated by CySEC, which is a reputable and strict regulator in the European Union. IFC Markets is regulated by BVI FSC, which is a less known and less stringent regulator in the British Virgin Islands. If you value security and protection of your funds, you may prefer RoboMarkets over IFC Markets.
Trading assets: Both brokers offer a wide range of trading instruments, but RoboMarkets has more stocks and indices than IFC Markets. If you are interested in trading these assets, you may find more opportunities and diversity at RoboMarkets. However, IFC Markets has more forex pairs and metals than RoboMarkets. If you are focused on these markets, you may prefer IFC Markets over RoboMarkets.
Trading fees: Both brokers have competitive spreads and commissions, but they vary depending on the account type and platform. Generally, RoboMarkets has lower spreads on Prime and ECN accounts, while IFC Markets has lower spreads on NetTradeX account. RoboMarkets also charges lower commissions on Prime and ECN accounts, while IFC Markets charges no commission on Pro, Standard and NetTradeX accounts. You may want to compare the fees for the account type and platform that suit your needs and budget.
Account types: Both brokers offer multiple account types with different features and requirements. RoboMarkets has four account types: Prime, ECN, Pro-Standard and R StocksTrader. IFC Markets has five account types: Pro, Standard, NetTradeX, MT4/MT5 and R StocksTrader. You may want to choose the account type that matches your trading experience, capital and strategy.
Trading platforms: Both brokers offer industry-leading platforms such as MT4/MT5 and cTrader, as well as proprietary platforms such as NetTradeX and R StocksTrader. You may want to test the platforms with a demo account and see which one you like better in terms of functionality, usability and performance.
Analytical tools: Both brokers provide useful analytical tools such as economic calendar, market sentiment indicators, trading central signals and analysis. However, RoboMarkets has some additional tools such as R Trader Strategy Builder and RoboForex Analytics Center that may help you create and optimize your trading strategies. IFC Markets has some unique tools such as GeWorko Method and PCI that may help you create and trade your own composite instruments. You may want to explore the tools that appeal to your analytical style and interests.
Ultimately, the choice of a forex broker is a personal decision that should be based on your own research, evaluation and testing. You may want to open a demo account with both brokers and compare their services before making a final decision. You may also want to read some user reviews and feedback from other traders who have experience with both brokers.
