AvaTrade vs RoboForex - Fees Review included
Which broker is better AvaTrade or RoboForex? Our expert assessment conducted according to TU’s own methodology showed that AvaTrade is one of the top brokers in the financial market with the TU Overall Score of 7.06 out of 10. RoboForex is one of the top brokers in the financial market with the TU Overall Score of 8.9 out of 10. Find out more about TU Overall Score.
Feature | AvaTrade | RoboForex |
---|---|---|
Overall |
4.6 |
4.9 |
4.7 |
4.6 |
|
4.4 |
4.9 |
|
4.4 |
5 |
|
Investment Instruments |
4.2 |
4.8 |
Platforms and Charting Tools |
4.6 |
4.9 |
Deposit and Withdrawal |
4.7 |
4.8 |
Research |
4.4 |
4.9 |
Education |
4.8 |
4.8 |
Support |
4.6 |
5.0 |
Bonuses |
3.9 |
5 |
|
|
AvaTrade vs RoboForex: Pros and Cons
AvaTrade was founded in 2006 in Dublin, Ireland. The company has offices in 150 countries. It currently has over 200, 000 registered users and processes more than 2 million transactions every month. These factors contribute to AvaTrade being a reliable and trusted broker. They are accredited across five continents and are one of the market leaders. The broker is regulated by the Australian Securities and Investment Commission (ASIC), the Japanese FSA, and the South African FSCA. AvaTrade holds accreditation by the Central Irish Bank, the Abu Dhabi Financial Services Regulatory Authority, and the British Virgin Islands Financial Services Commission. AvaTrade allows traders to trade stocks, securities, indices, cryptocurrencies, and currency pairs. In total, the offer more than 250 tools to customers.
RoboForex is a brokerage company that was founded in 2009. It provides services to financial markets in 169 countries. More than 3.5 million users are RoboForex clients. RoboForex is the leading software developer in the Forex industry. RoboForex is recognized as a reliable partner by the most respected financial market experts. The company has won numerous prestigious awards. The RoboForex group of companies has an international license to provide services from FSC Belize.
AvaTrade | RoboForex | |
---|---|---|
Overall Pros | Highly regulated broker, licenced on the territory of 5 continents | Trading With Leverage up to 1:2000 |
a wide range of trading instruments | Near 9000 supported trading assets | |
Swap-free account | Low trading and non trading fees | |
Advanced copy trading tools | Passive income with copy trading | |
A lot of educational content | Great bonus programs | |
Low fees | Instant withdrawal of funds | |
Optioins trading | Best choice of Forex EA, Forex bots builder | |
Advanced trading platforms | ||
Overall Cons | customer service efficiency and response time | Lack of cryptocurrency tools when trading on the R Trader platform |
There is no ECN account | A small number of currency pairs - 36, for accounts: Pro, Pro-Cent, ECN, Prime | |
Market maker(dealing desk) type of broker |
AvaTrade vs RoboForex: Safety and Regulation
AvaTrade | RoboForex | |
---|---|---|
Max. Regulation Level |
Tier-1 |
Tier-3 |
Investor protection |
€20,00 |
€20,000 |
FCA UK Regulation |
No |
No |
FINRA (U.S) |
No |
No |
BaFin (Germany) |
No |
No |
ASIC (Australia) |
Yes |
No |
CFTC (U.S) |
No |
No |
MAS |
No |
No |
FSCA SA |
Yes |
No |
BVI FSC |
Yes |
No |
VFSC |
No |
No |
FSA (Seychelles) |
No |
No |
AvaTrade vs RoboForex: Trading Conditions
Trading Conditions | AvaTrade | RoboForex |
---|---|---|
Minimum Deposit |
$100 |
$10 |
Trading Platforms |
MT4, MT5, AvaTradeGo, AvaOptions |
MT4, MT5, cTrader, R StocksTrader, RoboForex, |
Max Leverage (Futures) |
1-400 |
1-2000 |
Supported Markets |
Currency pairs, Forex Options, CFDs on stocks, cryptocurrencies, indices, metals, commodities |
Forex, Stocks, Indices, ETFs, Groceries, Energy commodities, Metals |
Trading assets |
100+ |
8700+ |
Trading Accounts |
Standard, Professional account |
Pro, Pro Cent, ECN, Prime |
Base Account Currencies |
EUR, USD |
USD, EUR |
AvaTrade vs RoboForex: Fees
AvaTrade | RoboForex | |
---|---|---|
Standard acc. spread EUR/USD, min pips |
0,6 |
0,5 |
Standard acc. spread EUR/USD, max pips |
0,9 |
2 |
ECN Commission |
2 |
|
ECN Spread EUR/USD |
0,2 |
|
Deposit fee, % |
No |
No |
Withdrawal fee, % |
No |
0-4 |
Withdrawal fee, USD |
No |
0-1,3 |
Inactivity fee, $ |
16,66 |
No |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
AvaTrade vs RoboForex: Trading Assets
Asset Name | AvaTrade | RoboForex |
---|---|---|
Overall |
1000+ |
9700+ trading assets |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes (CFD) |
Metals |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
Yes (CFD) |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes (CFD) |
ETFs |
Yes (CFD) |
Yes (CFD) |
Bonds |
Yes (CFD) |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
Yes |
No |
Binary Options |
No |
No |
AvaTrade or RoboForex: Investment Programs
Asset Name | AvaTrade | RoboForex |
---|---|---|
Copy Trading |
Yes |
Yes |
MAM/PAMM |
No |
No |
Managed Accounts |
Yes |
No |
Other |
Bonds |
No |
Trading Platforms: RoboForex or AvaTrade
AvaTrade | RoboForex | |
---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
Yes |
Appropriate platform |
AvaTradeGo, AvaOptions |
R StocksTrader, RoboForex Terminals |
Others |
No |
No |
|
|
AvaTrade vs RoboForex: Deposit and Withdrawal Methods
AvaTrade | RoboForex | |
---|---|---|
Bank Wire |
Yes |
Yes |
Bank Card |
Yes |
Yes |
Neteller |
Yes |
Yes |
BTC |
Yes |
Yes |
Wise |
No |
No |
Payoneer |
No |
No |
USDT |
Yes |
Yes |
AvaTrade vs RoboForex: Research
Research Type | AvaTrade | RoboForex |
---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
Yes |
E-Mail Reports |
Yes |
Yes |
AvaTrade vs RoboForex: Education
Education Type | AvaTrade | RoboForex |
---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
Yes |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Cent account |
Yes |
Yes |
RoboForex vs AvaTrade: Support
Support Features | AvaTrade | RoboForex |
---|---|---|
Working Days |
24/5 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
No |
AvaTrade vs RoboForex: Forex Bonuses and Promo
Promo | AvaTrade | RoboForex |
---|---|---|
Forex Bonus |
The broker offers its customers a one-time bonus upon first deposit (not for all markets) |
Welcome bonus $30 Classic first deposit bonus up to 120% |
Affiliate Program |
A trader can receive up to 400 US dollars for inviting friends. |
Up to 40% of trading commissions |
Other Promos |
||
|
|
Top 5 Reviews on RoboForex
-
Comment
I chose RoboForex for its combination of high order execution speed and favorable conditions for investors. Spreads start from 0.2 pips, and leverage goes up to 1:2000 — the highest among regulated brokers. I really like the CopyFx investment platform, which allows you to follow successful traders and diversify risks. Most accounts offer free deposits and withdrawals. RoboForex provides reliable fund protection, including negative balance protection, and also safeguards traders’ interests through a compensation fund of up to €20,000.
-
Comment
I consider RoboForex the best broker in terms of the number of available instruments: over 12,000 financial assets, including currencies, stocks, indices, commodities, ETFs, and cryptocurrencies. The minimum deposit is just $10, making it easy to start even without a large initial capital. Trading is available on popular platforms like MT4, MT5, WebTrader, and R StocksTrader. I was pleasantly surprised by the instant processing of withdrawal requests — funds arrive within an hour. Plus, they have a great loyalty program where each participant can get up to 20% commission cashback.
-
Comment
I work with RoboForex because of its high reliability and the wide range of features it offers for active traders. The broker is regulated by the FSC (Belize) and is also a member of The Financial Commission, which provides a compensation fund of up to €20,000. The company has been in the market for over 16 years, which inspires confidence. Key advantages include fast order execution and tight spreads — for most major pairs, spreads consistently stay within 0.2–0.4 pips. The negative balance protection system works flawlessly, and leverage up to 1:2000 allows for efficient capital use.
-
Comment
RoboForex is an excellent choice for those who value a wide range of assets and a low entry threshold. The platform offers five account types: ProCent, Pro, ECN, Prime, and R StocksTrader, as well as a broad selection of account currencies—USD, EUR, GOLD. The minimum trade size starts at 0.01 lots, which is very convenient for testing strategies and managing risks. More than 10 deposit and withdrawal methods are available, including SEPA, bank cards, Skrill, Neteller, AdvCash, Visa/Mastercard, and others. I would also highlight the bonus programs, such as the Welcome Bonus, and the quality mobile version that allows trading and account management from any device.
-
Comment
I’ve been trading with RoboForex for several years and can highlight several strengths of this broker. The minimum deposit is only $10, which allows even beginner traders to test the platform without significant investment. There is a huge selection of instruments—over 12,000—including currency pairs, CFDs on stocks like Apple, Google, Tesla, indices, metals, and ETFs. Leverage up to 1:2000 offers the flexibility to implement a wide range of trading strategies. The EUR/USD spread starts from 0.2 points, and order execution is almost instant thanks to market execution. Another big plus is the instant withdrawal and the CopyFx program, which lets you both copy successful trades and attract referrals with up to 84% commission payouts.
Top 5 Reviews on AvaTrade
-
Comment
AvaTrade stands out from competitors due to its geographic range of regulation — the broker is licensed in Ireland, Australia, Japan, South Africa, and the UAE. Client funds are protected through segregated accounts. Customer support is available 24/7, but the platform’s user interface, especially the mobile version, needs updating. For beginners, educational resources are provided, including webinars and guides.
-
Comment
For passive investors, integration with DupliTrade — a trade-copying service — is available. Users can connect their accounts to the platform and follow strategies tested by other participants. The selection of signal providers is limited, but their data is transparent: performance, risk level, and number of followers are clearly shown. Access to the service is granted after opening an account with a minimum of $100.
-
Comment
Trading conditions at AvaTrade suit both conservative and active traders. Leverage up to 1:400 allows for scaling strategies, and the availability of swap-free accounts is beneficial for Islamic clients. The minimum lot is 0.01, which is convenient for cautious trades. However, customer support is not as fast as expected.
-
Comment
Among the 250+ available instruments, AvaTrade offers trading in currencies, cryptocurrencies, indices, metals, and stocks. The company is regulated by several authorities, including ASIC, FSA, FSCA, and the British Financial Services Commission. Support is available 24/7 and operates in 14 languages. On the downside, the web-based platform interface looks outdated and could use improvement.
-
Comment
I’ve used AvaTrade, and I really like its smooth interface and variety of trading options. The spreads are decent, and having multiple platforms like MT4 and AvaTradeGO makes it flexible. I also appreciate the strong regulations, which add a sense of security. The only downside I noticed is that withdrawals can take a bit longer than expected, but overall, it’s been a solid experience.
FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.