AvaTrade vs RoboForex - Compare Trading Brokers

AvaTrade vs RoboForex | Online Brokerage Comparison
AvaTrade vs RoboForex Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsAbout
$100
Minimum Deposit
MT4, MT5, Web Trader, AvaOptions
Trading Platforms
1000+
Markets To Trade
AvaTrade offers trading on MT4 and MT5 (with autoamted trading) and offers a user friendly Web Trader and Vanilla Options trading on the AvaOptions platform
About
$10
Minimum Deposit
MT4, MT5, cTrader, R StocksTrader
Trading Platforems
12,000+
Markets To Trade
RoboForex offers 12,000+ Stocks CFDs on R StocksTrader and provides a Cent account with a $10 minimum deposit, along with a wide range of trading including automated trading
About

AvaTrade vs RoboForex Comparison

Both of these brokers offer MetaTrader 4 (MT4) and the successor to MT4, MetaTrader 5 (MT5) and allow the trader to use Expert Advisors (EAs).

Furthermore, RoboForex offers cTrader, which has online trading robots called cBots (akin to MT4's EAs). As well, RoboForex provides R StocksTrader, upon which it can offer many more markets to trade. AvaTrade also offers FX Options trading on a separate platform, AvaOptions and provides a user friendly web trader.

AvaTrade is regulated by the CBI in Ireland, the ASIC in Australia, the FSCA in South Africa, the FSA and the FFAJ in Japan and the FSC in the British Virgin Islands.

RoboForex is regulated by the IFSC in Belize.

Quick comparison

These are both MT4 and MT5 brokers. RoboForex also provides cTrader and R StocksTrader, while AvaTrade offers its web trader. On R StocksTrader, RoboForex has many more markets overall.

Minimum deposit and key account features

The minimum deposit for AvaTrade is $/€/£100. The minimum deposit for RoboForex is $10.

  • AvaTrade provides an Economic Calendar on its web site and Trading Central (which provides analysis). Additionally AvaTrade offers AvaSocial which supports social and copy trading. AvaTrade allows the use of EA trading robots.
  • RoboForex offers accounts based around its four platforms, MT4, MT5, cTrader and R StocksTrader. cTrader has ECN and Pro-Standard accounts. MT4 and MT5 each offer Pro-Standard, Pro-Cent and ECN accounts. MT4 additionally offers MT4 and MT5 Prime accounts. RoboForex's R StocksTrader is a web trading platform, which has many more markets available than the other accounts. RoboForex also offers a CopyFX account (which supports transaction copying) and a RAMM account (which supports strategy copying).
  • RoboForex's minimum deposit for all accounts except R StocksTrader is $10. The minimum deposit for R StocksTrader is $100. The Prime account is an ECN account with lower commission charges. RoboForex offers an Islamic (Swap Free) version for some of these accounts. The minimum trade size is 0.0001 lots.
  • RoboForex provides a range of tools including Analysis, Webinars, Education and an Economic Calendar. It offers the R StocksTrader Strategy Builder for building robots. RoboForex allows EAs and scalping.

Markets

  • AvaTrade offers spread betting (in the UK), in Forex, Indices, Energy and Metals, with 35+ available.
  • AvaTrade offers CFD trading in Forex, Indices, Energy, Metals, Stocks, ETFs, Soft Commodities, Cryptocurrencies, Bonds and Options, with 1000+ available.
  • RoboForex offers Forex, Indices, Energy, Metals, Stocks, ETFs, Soft Commodities and Cryptocurrencies, with 12,000+ available.
AvaTrade vs RoboForex Summary Table
BrokerTrading PlatformsDescription
AvaTrade
Broker
MT4, MT5, Web Trader, AvaOptions
Trading Platforms
AvaTrade offers 24/7 Crypto CFD trading and a wide range of other types of trading, including automated trading and Vanilla Options trading
Description
RoboForex
Broker
MT4, MT5, cTrader, R StocksTrader
Trading Platforms
RoboForex provides trading (including autoamted trading) on MT4, MT5, cTrader and R StocksTrader and provides 12,000+ Stocks CFDs
Description

Cryptocurrency CFDs

  • AvaTrade provides Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Stellar, Chainlink, Uniswap, Dash, EOS, Bitcoin Gold, NEO and IOTA CFDs.
  • RoboForex offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Stellar, Chainlink, Uniswap, Cardano, Solana, Polkadot, Polygon, Algorand, Dogecoin, Avalanche, Monero, Tron, Cosmos, Terra, Decentraland and Binance Coin CFDs.

Spreads and leverage

  • RoboForex can offer low Forex spreads plus a commission charge. AvaTrade can offer Forex spreads from 0.9 without a commission charge and RoboForex can offer Forex spreads from 1.3 without a commission charge.

Maximum leverage for AvaTrade (CBI regulated) is . Maximum leverage for AvaTrade (FSC regulated) is 400:1. Maximum leverage for RoboForex (IFSC regulated) is 2000:1.

Commission charge

  • AvaTrade does not charge commissions.
  • RoboForex's commissions are $2 per standard lot per side for its ECN accounts except for its Prime account where they are $1.5 per standard lot per side.

Online trading platforms

AvaTrade offers MT4, MT5, its web trader and AvaOptions as well as apps. RoboForex provides MT4, MT5, cTrader and R StocksTrader and apps.

Why AvaTrade or RoboForex ?

Traders looking to use MT4 and its successor MT5 can do so at either broker. Traders who want cTrader and to use its cBots online trading robots may find this platform at RoboForex. Traders who want many Stocks CFD to trade can find this on RoboForex's R StocksTrader platform. Both brokers support the use of social and copy trading. RoboForex has a Cent account which allows for trade sizes smaller than micro lots and has a relatively small minimum deposit ($10). AvaTrade provides FX Options trading on a separate platform (AvaOptions).

Comparison summary

  • Both provide CFD trading
  • AvaTrade additionally offers MT4 spread betting in the UK
  • Both brokers offer MT4 and MT5
  • RoboForex additionally provides cTrader and R StocksTrader
  • AvaTrade provides its user friendly web trader
  • AvaTrade offers FX Options trading on AvaOptions
  • RoboForex has more markets overall (on R StocksTrader)
  • RoboForex offers a Cent account, with a low minimum trade size and a low minimum deposit