AvaTrade vs RoboForex (RoboMarkets) Comparison
Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare AvaTrade vs RoboForex (RoboMarkets).
Does AvaTrade or RoboForex (RoboMarkets) offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, AvaTrade offers better pricing overall for traders.
Is AvaTrade or RoboForex (RoboMarkets) safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. AvaTrade holds 4 global Tier-1 licenses, while RoboForex (RoboMarkets) holds 1. AvaTrade holds 3 global Tier-2 licenses, while RoboForex (RoboMarkets) holds 0. In our analysis of 23 international regulators across 50 brokers, AvaTrade (94) earned a higher Trust Score than RoboForex (RoboMarkets) (71).
Which trading platform is better: AvaTrade or RoboForex (RoboMarkets)?
To compare the trading platforms of both AvaTrade and RoboForex (RoboMarkets), we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, AvaTrade offers a better experience. With research, AvaTrade offers superior market research. Finally, we found AvaTrade to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both AvaTrade and RoboForex (RoboMarkets) offer MetaTrader 4 (MT4).AvaTrade and RoboForex (RoboMarkets) both offer copy trading.
How many forex pairs and CFDs are available to trade?
AvaTrade provides traders 55 currency pairs (e.g., EUR/USD) compared to RoboForex (RoboMarkets)'s 36 available pairs. Forex pairs aside, RoboForex (RoboMarkets) offers traders access to 12000 CFDs while AvaTrade has 1260 available CFDs, a difference of 10740.
Can I trust AvaTrade?
AvaTrade is not publicly-traded and does not operate a bank. AvaTrade is authorised by four Tier-1 regulators (Highly Trusted), three Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk). AvaTrade is authorised by the following Tier-1 regulators: Australian Securities & Investment Commission (ASIC), the European Union via MiFID, and the Japanese Financial Services Authority (JFSA), and via Friedberg Direct, with the Canadian Investment Regulatory Organization (CIRO).
Can I trust RoboForex (RoboMarkets)?
RoboForex is not publicly traded and does not operate a bank. RoboForex is authorised by one Tier-1 regulator (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and two Tier-4 regulators (High Risk). RoboForex is authorised by the following tier-1 regulator: European Union Authorized (MiFID).
Is AvaTrade good?
AvaTrade is a trusted global brand best known for offering an extensive selection of trading platforms for forex and CFD traders, as well as exceptional educational content that helped it nab a Best in Class rating for Beginners for 2022.
Is RoboForex (RoboMarkets) good?
RoboForex (RoboMarkets in the EU) has amassed 12,000 symbols that you can trade across its MetaTrader and cTrader platforms, as well as a stock trading app. That said, with just a few regulatory licenses, the RoboForex and its RoboMarkets brands trail behind the best forex brokers when it comes to their Trust Score.
Overall winner: AvaTrade
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