Are you trying to figure out which is a better broker, Vantage FX or RoboForex? After rigorously testing both brokers and putting each through our accurate and extensive reviewing process, we have concluded that Vantage FX is the better of the two. Vantage FX offers 300+ instruments, licenses from FCA, ASIC, CIMA, and fair trading fees.
In the tables below, you can compare the features of Vantage FX and RoboForex side by side, to work out which suits your trading needs best. You can also carry on reading to find out why our experts ranked Vantage FX higher than RoboForex.
| Methodology: This tool uses data collected by our honest Forex experts. All information shown here is correct, regardless of any compensation we receive. |  |   |
| OPEN ACCOUNT | Review | Review |
| RATING | 95.3/100 | 94.7/100 |
| MIN. DEPOSIT | 200$ | 10$ |
| REGULATED BY |    |  |
| BONUS | 50 USD No Deposit Bonus | Deposit Bonus |
| MIN. SPREAD | 1.4 | 1.3 |
| MAX. LEVERAGE | 1:500 | 1:2000 |
| CURRENCY PAIRS | 40 | 36 |
| TRADING INSTRUMENTS | 300+ | 12,000+ |
| TRADING PLATFORMS | MT4, MT5, WebTrader, Private | MT4, MT5, Mobile |
| DEPOSIT METHODS | Bank transfer, Visa, MasterCard, Skrill, Neteller, FasaPay and more | Bank transfer, Visa, Mastercard, Skrill, Netseller, WebMoney, Fasapay |
| TYPE OF BROKERS | STP/ECN | ECN |
| CUSTOMER SUPPORT | 24/5 | 24/5 |
| LANGUAGE SUPPORT | 5 | 19 |
| ESTABLISHED | 2009 | 2009 |
| USED BY | 650,000 Traders | 100,000+ Traders |
Does Vantage FX or RoboForex have lower trading costs and fees?
To compare the costs of trading at different brokers, our experts analyze both trading-specific fees, such as spreads, and non-trading fees, such as inactivity charges and payment costs.
To give an overall view of how cheap or expensive Vantage FX and RoboForex are, we first considered the common fees on Standard Accounts. At Vantage FX the average spread for the EUR/USD currency pair is 1.4 pips, whilst at RoboForex the spread is 1.3.
This shows that RoboForex is the better option for low-cost forex trading.
When it comes to non-trading fees, Vantage FX charges for . RoboForex charges for . With this in mind, both brokers offer similar non-trading fees.
When our experts analyzed the specific costs of both brokers, we found that Vantage FX is the better option.
Trading Fees*
| TYPE OF FEE | VANTAGE FX | ROBOFOREX |
|---|---|---|
| Minimum Spread EURUSD (pips) | 1.4 | 1.3 |
| Commission (%) | 0 | 0 |
| Commission on Islamic Accounts (%) | 0 | 0.008 |
*Based on Standard account type.
Non-Trading Fees
| TYPE OF FEE | VANTAGE FX | ROBOFOREX |
|---|---|---|
| Account Fees | N | N |
| Inactivity Fees | N | N |
| Deposit Fees | N | N |
| Withdrawal Fees | N | N |
Which broker is safer, Vantage FX or RoboForex?
In order to decide how safe our top-rated brokers are, our experts look at a number of factors. This includes what licenses the broker holds and how reputable those licenses are. We also consider the history of the broker, as a long-standing broker is often more reliable and trustworthy than a newer one.
Vantage FX is regulated by FCA, ASIC, CIMA and offers client protection. RoboForex is regulated by IFSC and offers client protection.
Considering these two factors, and the general reputation and history of both brokers, we believe that Vantage FX is the safer broker.
Broker summary
| VANTAGE FX | ROBOFOREX | |
|---|---|---|
| Minimum Deposit (USD $) | 200 | 10 |
| Licenses | FCA, ASIC, CIMA | IFSC |
| Max. Leverage | 1:500 | 1:2000 |
| Client Protection | Y | Y |
| Broker Type | STP/ECN | ECN |
| Number of Instruments | 300+ | 12,000+ |
| Currency Pairs | 40 | 36 |
| Stocks | 100 | 53 |
| Cryptocurrencies | 0 | 10 |
| CFDs | Y | Y |
| Proprietary Trading Platform | N | N |
| MT 4 | Y | Y |
| MT 5 | Y | Y |
| Mobile Compatible | N | Y |
| Research Tools | Y | Y |
| Educational Materials | Y | Y |
| Payment Methods | Bank transfer, Visa, MasterCard, Skrill, Neteller, FasaPay and more | Bank transfer, Visa, Mastercard, Skrill, Netseller, WebMoney, Fasapay |
| 24/5 Customer Support | Y | Y |
| Live Chat | Y | Y |
How many trading instruments are available at Vantage FX and RoboForex?
Vantage FX provides traders with 300+ instruments. This includes 40 currency pairs, 0 cryptocurrencies, and 100 stocks and shares. With Vantage FX, you can also trade CFDs.
In comparison, RoboForex boasts 12,000+ tradable instruments. RoboForex offers 36 currency pairs, 10 cryptocurrencies, and 53 stocks and shares. RoboForex also allows CFD trading.
As RoboForex has 12,000+ and Vantage FX has 300+, a difference of 288, this shows that RoboForex offers more opportunities to diversify your trading portfolio.
Markets and Products
| INSTRUMENT | VANTAGE FX | ROBOFOREX |
|---|---|---|
| Currency Pairs | 40 | 36 |
| Commodities | 20 | 100 |
| Precious Metals | 5 | 2 |
| Indices | 14 | 5 |
| Stocks and Shares | 100 | 53 |
| Cryptocurrencies | 0 | 10 |
| Options | 0 | 0 |
| ETFs | 1 | 1 |
Which broker offers the best trading platform, Vantage FX or RoboForex?
When our experts review a broker, they open their own accounts and place trades via the broker’s trading platform. This allows them to fully evaluate the quality of the platform, how easy it is to use and what features it offers.
Vantage FX provides you with the ability to trade via 4 trading platforms, and RoboForex has 3 trading platforms. Both brokers also offer research and trading tools, however Vantage FX has more.
Overall, our experts agree that Vantage FX boasts the better trading platform offering.
Research Tools
| TOOL | VANTAGE FX | ROBOFOREX |
|---|---|---|
| News (from top-tier sources) | Y | Y |
| Trading Signals and Indicators | Y | Y |
| Trade Ideas | Y | Y |
| Expert Analysis | Y | Y |
| Autochartist Tools | Y | N |
| Sentiment Charts | Y | Y |
| Economic Calendar | Y | Y |
Which is better for beginners, Vantage FX or RoboForex?
To decide how well-suited a broker is for beginner traders, our experts look at what educational materials are available, how accessible the minimum deposit limits are, the range of account types and whether or not you can practice trading with a demo account first.
Considering this, our reviews show that RoboForex is the better broker for beginner traders as it offers a larger range of educational tools and materials. RoboForex also has a minimum deposit of $.
Educational Features
| FEATURE | VANTAGE FX | ROBOFOREX |
|---|---|---|
| Demo Account | Y | Y |
| Platform Tutorial Videos | Y | N |
| Educational PDFs | Y | Y |
| Live Webinars | N | N |
| YouTube Videos | Y | Y |
| Trading Academy | N | Y |
| Trading Glossary | N | Y |
Which broker is better overall?
Overall, our tested reviewing methodology proves that Vantage FX is the better broker in a range of key areas. You can learn more by reading our Vantage FX and RoboForex reviews.
