Compare InstaForex vs RoboMarkets
What is InstaForex? What is RoboMarkets ?
InstaForex is a global broker that was founded in 2007 and claims to have over 7 million clients from 200 countries. RoboMarkets is a European broker that was established in 2012 and serves clients from 169 countries.
InstaForex vs RoboMarkets Regulation Comparison
InstaForex is regulated by the Cyprus Securities and Exchange Commission (CySEC), the British Virgin Islands Financial Services Commission (FSC), and the Saint Vincent and the Grenadines Financial Services Authority (SVGFSA). RoboMarkets is regulated by the CySEC, the Financial Conduct Authority (FCA) of the UK, and the National Bank of the Republic of Belarus (NBRB).
InstaForex vs RoboMarkets Trading Assets Comparison
InstaForex offers over 300 trading instruments, including forex, metals, CFDs on stocks, indices, commodities, cryptocurrencies, and futures. RoboMarkets offers over 12,000 trading instruments, including forex, metals, CFDs on stocks, indices, commodities, cryptocurrencies, ETFs, and real stocks.
InstaForex vs RoboMarkets Trading Fees Comparison
InstaForex charges variable spreads and commissions depending on the account type and trading platform. The average spread for the EUR/USD pair is 1.6 pips on the MetaTrader 4 platform and 0.8 pips on the MetaTrader 5 platform. The commission ranges from 0.03% to 0.07% per lot. RoboMarkets charges variable or fixed spreads and commissions depending on the account type and trading platform. The average spread for the EUR/USD pair is 1.3 pips on the MetaTrader 4 platform and 0.4 pips on the MetaTrader 5 platform. The commission ranges from 0% to $20 per million traded.
InstaForex vs RoboMarkets Account Types Comparison
InstaForex offers four main account types: Standard, Eurica, ECN, and ECN Pro. The minimum deposit is $1 for all account types except for ECN Pro, which requires $500. The maximum leverage is 1:1000 for all account types except for ECN Pro, which has a leverage of 1:200. RoboMarkets offers six main account types: Pro-Standard, Pro-Cent, ECN-Pro, Prime, R Trader, and R Trader Pro. The minimum deposit ranges from $10 to $5,000 depending on the account type. The maximum leverage is 1:2000 for Pro-Standard and Pro-Cent accounts, 1:300 for ECN-Pro and Prime accounts, and 1:200 for R Trader and R Trader Pro accounts.
InstaForex vs RoboMarkets Deposit Options Comparison
InstaForex supports various deposit and withdrawal methods, including bank wire transfer, credit/debit cards, e-wallets (such as Skrill, Neteller, WebMoney), cryptocurrencies (such as Bitcoin, Ethereum), and local payment systems (such as Boleto Bancario). RoboMarkets also supports various deposit and withdrawal methods, including bank wire transfer, credit/debit cards, e-wallets (such as Skrill, Neteller, WebMoney), cryptocurrencies (such as Bitcoin), and local payment systems (such as Sofort). Both brokers do not charge any fees for deposits or withdrawals.
InstaForex vs RoboMarkets Trading Platforms Comparison
InstaForex provides two main trading platforms: MetaTrader 4 and MetaTrader 5. Both platforms are available as desktop applications, web versions, and mobile apps for iOS and Android devices. RoboMarkets also provides two main trading platforms: MetaTrader 4 and MetaTrader 5. In addition, RoboMarkets offers its own proprietary platform called R Trader, which is a web-based platform that allows trading real stocks and ETFs from US exchanges.
InstaForex vs RoboMarkets Analytical Tools Comparison
InstaForex offers various analytical tools to its clients, such as market news, economic calendar, forex analysis, forex TV, trading signals, copy trading service (ForexCopy), and social trading network (InstaRebate). RoboMarkets also offers various analytical tools to its clients, such as market news, economic calendar, forex analysis, trading signals (Trading Central), copy trading service (CopyFX), social trading network (RAMM), and robo-advisor service (Robo-Advisor).
InstaForex vs RoboMarkets . Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker depends on your personal preferences, trading style, goals and risk appetite. Different brokers may suit different traders better. Therefore, you can research and compare the features, benefits and disadvantages of each broker before making a decision. You can also try their demo account to test their platform and services without risking real money. Ultimately, you should choose the broker that best meets your needs and expectations.
