IronFX vs RoboForex Comparison Table
| Online Broker | Minimum Deposit | Trading Platforms | Markets | About |
|---|---|---|---|---|
| IronFX | $50 Minimum Deposit | MT4 Trading Platform | 200+ Markets To Trade | IronFX offers a Cent account, copy trading, spreads from 0 with or without a commission charge and fixed and variable spreads About |
| RoboForex | $10 Minimum Deposit | MT4, MT5, cTrader, R StocksTrader Trading Platforms | 12,000+ Markets To Trade | RoboForex offers a Cent account, copy trading, spreads from 0 with a commission charge and 12,000+ Stocks CFDs About |
IronFX vs RoboForex Comparison
Each broker offers MetaTrader (MT4) and allows the use of Expert Advisors (EAs). RoboForex additionally provides the successor to MT4, MetaTrader 5 (MT5) along with cTrader and R StocksTrader.
On MT4, IronFX has more markets to trade than RoboForex, but on R StocksTrader, RoboForex has considerably more. RoboForex requires a smaller minimum deposit than IronFX.
Quick comparison
Both offer MT4 and allow the trader to execute trading robots. RoboForex also offers MT5, cTrader and R StocksTrader and has a lower minimum deposit.
Minimum deposit and key account features
The minimum deposit for IronFX is $50. The minimum deposit for RoboForex is $10.
- IronFX offers a range of account types and services. These include a Standard account which has a minimum deposit of $50, a Premium account with a minimum deposit of $2,500 and a VIP account with a minimum deposit of $20,000. These three account types are available with fixed or variable spreads and the spreads can be tighter on higher account types. There is additionally a Cent account, which offers small trade sizes and has a minimum deposit of $50. Social and copy trading is provided via Myfxbook AutoTrade and TradeCopier. The minimum trade size is 0.01 lots except for the Premium and VIP accounts where it is 0.1 lots and the Cent account where it is 0.0001 lots.
- IronFX also offers a Zero Fixed Spread account. This provides zero spreads for some markets, with commissions charged. As well, IronFX offers STP/ECN accounts with or without commissions. It also has an STP/ECN Absolute Zero account, with spreads from zero, with no commission charge. For the Zero Fixed Spread account and the STP/ECN accounts, the minimum deposit is $500. The minimum deposit for the Absolute Zero account is upon request to the account manager.
- All IronFX accounts offer a Dedicated Account Manager, Technical Analysis Reports, Investor Education Tools and Private One-on-One Trading Guidance. The Premium, VIP, STP/ECN No Commission and STP/ECN Zero Spread accounts also offer a Dealing Department Transaction Hotline.
- 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
- IronFX offers Forex, Indices, Energy, Metals, Soft Commodities, Stocks and Cryptocurrencies, with 200+ available.
- RoboForex offers Forex, Indices, Energy, Metals, Soft Commodities, Stocks, Cryptocurrencies and ETFs, with 12,000+ available.
RoboForex vs IronFX Summary Table
| Broker | Trading Platforms | Description |
|---|---|---|
| RoboForex Broker | MT4, MT5, cTrader, R StocksTrader Trading Platforms | RoboForex provides automated trading on MT4, MT5, cTrader and R StocksTrader and has a Cent account and a low minimum deposit Description |
| IronFX Broker | MT4 Trading Platforms | IronFX provides spreads from 0 with or without a commission charge, fixed and variable spreads, a Cent account and copy trading Description |
Cryptocurrency CFDs
- IronFX offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Cardano, Stellar, Uniswap, Dogecoin, Polkadot, Solana, Tron, EOS, Iota, Ethereum Classic, OmiseGO, Internet Computer Protocol and IOST CFDs.
- RoboForex offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Cardano, Stellar, Uniswap, Dogecoin, Polkadot, Solana, Tron, Algorand, Chainlink, Polygon, Avalanche, Monero, Cosmos, Terra, Decentraland and Binance Coin CFDs.
Leverage
Maximum leverage for IronFX Bermuda is 1000:1. Maximum leverage for RoboForex (IFSC regulated) is 2000:1.
Platforms
Each offers MT4. RoboForex additionally provides MT5, cTrader and R StocksTrader.
Why IronFX or RoboForex ?
Traders who want to trade on MT4 may do so at either IronFX or RoboMarkets. Those who want to trade on MT5, cTrader and R StocksTrader can do so at RoboForex. Traders who want to trade using robots or copy trade can do this at both. Traders who want to trade with fixed spreads, can do so at IronFX.
Comparison summary
- Both provide CFD trading
- Each offers MT4
- RoboForex additionally provides MT5, cTrader and R StocksTrader
- On R StocksTrader RoboForex offers many more markets to trade
- Both provide copy trading
- IronFX offers spreads from 0, without a commisison charge
