Written by ForexBrokers.com
In this head to head comparison of IG vs RoboForex, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
IG and RoboForex offer different levels of trust and regulatory oversight for online trading. IG, established in 1974, is a publicly-traded company and operates as a bank. It boasts a perfect Trust Score of 99 out of 99 on ForexBrokers.com, thanks to its eight Tier-1 licenses and two Tier-2 licenses, which categorize it as highly trustworthy. In contrast, RoboForex, founded in 2009, is neither publicly traded nor a bank. It holds a single Tier-1 license, has no Tier-2 licenses, and carries a Trust Score of 73, indicating an average risk according to ForexBrokers.com.
Choosing between IG and RoboForex depends on the level of trust and regulatory backing you seek. IG's long-standing presence in the market and extensive licensing set it apart as a more secure choice for traders who prioritize safety. Meanwhile, RoboForex offers an alternative for those who might prioritize different features but should consider the average risk level associated with its operations as highlighted by its Trust Score. Understanding these differences can help guide informed decisions tailored to an individual's trading needs and comfort with risk.
| Feature |
IG
|
RoboForex
|
|---|---|---|
| Year Founded | 1974 | 2009 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 8 | 1 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
IG outperforms RoboForex on headline pricing for many traders. IG holds a 5/5 star Commissions & Fees rating and ranks #8 of 63 brokers at ForexBrokers.com, while RoboForex is rated 3.5/5 stars and ranks #56 of 63. RoboForex’s published average spread on EUR/USD is 1.3 pips on its Procent and Pro accounts, which is higher than IG’s typical figures.
On IG’s spread-only CFD account, EUR/USD averaged about 0.69 pips during the main trading session in July 2023, or 0.98 pips across all sessions (IG US averaged 1.18 pips). High-volume clients who qualify as professionals under EU rules can receive 10%–20% spread rebates; for example, a 20% rebate on a 0.76‑pip baseline brings costs to roughly 0.60 pips.
IG’s DMA (Forex Direct) account is commission-based and targets active traders: average EUR/USD spreads were 0.62 pips in July 2023, with commissions starting at $60 per million and dropping to $10 per million per side at very high volumes. At that top tier, the all-in cost is about 0.82 pips. Overall, IG’s tiered pricing and rebates can translate to lower costs than RoboForex’s 1.3‑pip average on EUR/USD, particularly for high-volume traders, though spreads at any broker can widen during quieter market hours.
| Feature |
IG
|
RoboForex
|
|---|---|---|
| Minimum Deposit | £250.00 | $100 |
| Average spread (EUR/USD) - Standard account | 0.98 | 1.3 |
| All-in Cost EUR/USD - Active | 0.82 | N/A |
| Non-wire bank transfer | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | No | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
IG offers a wider range of investments than RoboForex. IG lists 19,537 tradeable symbols and 97 forex pairs, compared with RoboForex’s 8,400 symbols and 28 pairs. Both brokers let you trade forex (as CFDs or spot), and both provide cryptocurrency CFDs. IG goes further by letting clients buy exchange-traded shares on U.S. markets like Apple (NASDAQ: AAPL) and on international exchanges such as Vodafone in London, and it also lets you buy actual cryptocurrency, not just crypto CFDs. RoboForex does not offer exchange-traded shares or delivered crypto.
If you want copy trading, RoboForex has it while IG does not. Based on ForexBrokers.com’s Range of Investments scores, IG earns 5 stars and ranks #4 of 63 brokers, while RoboForex earns 4.5 stars and ranks #21. In short, IG suits traders seeking the broadest market selection, while RoboForex appeals if copy trading is a priority.
| Feature |
IG
|
RoboForex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 19537 | 8400 |
| Forex Pairs (Total) | 97 | 28 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | No | Yes |
| Cryptocurrency (Underlying) | Yes | No |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
IG and RoboForex both make it easy to get started with a free demo account and offer web-based and Windows desktop platforms. Each supports MetaTrader 4 (MT4) and lets you place trades directly from charts. Where they differ: IG provides its own in-house platform in addition to MT4, while RoboForex does not have a proprietary platform but adds MetaTrader 5 (MT5) and copy trading.
For overall platform quality, IG earns 5 stars and is ranked #2 out of 63 brokers for Trading Platforms and Tools by ForexBrokers.com. RoboForex scores 4 stars and ranks #44. In simple terms, choose IG if you want a polished, broker-built platform alongside MT4; pick RoboForex if MT5 and copy trading are must-haves, with the safety net of a free demo on both brokers.
| Feature |
IG
|
RoboForex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 33 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
IG and RoboForex both deliver full-featured mobile trading apps for iPhone and Android. Each app supports price alerts, drawing trendlines on charts, and auto‑saving those drawings—handy for tracking forex and stock setups on the go. A key difference is watchlists: IG syncs your symbols between the mobile app and your online account, while RoboForex does not, which can affect convenience if you switch devices frequently.
For charting depth, IG includes 33 technical studies versus 30 at RoboForex. Independent ratings back up the gap in polish: IG’s mobile app holds a 5‑star score and ranks #1 out of 63 brokers for Mobile Trading Apps at ForexBrokers.com, while RoboForex is rated 4 stars and ranks #44. If you value seamless watchlist syncing and a slightly wider range of indicators, IG is the stronger pick; if you just need the essentials, RoboForex still gets the job done.
| Feature |
IG
|
RoboForex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 33 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
IG and RoboForex both cover the core needs for market research. Each provides daily market commentary, forex news from top-tier sources (such as Bloomberg, Reuters, and Dow Jones), an economic calendar, and added insights from Acuity Trading.
Where they differ is in specialized tools. IG includes Autochartist tools, a sentiment gauge showing long vs. short positions, and TipRanks research. RoboForex lacks those three, but it does offer Trading Central analytics, which IG does not. In independent testing by ForexBrokers.com, IG earned 5/5 stars for Research and ranked #2 out of 63 brokers, while RoboForex earned 3.5/5 stars and ranked #38. Pick IG if you want stronger built-in screening, sentiment data, and stock research; pick RoboForex if Trading Central is your priority.
| Feature |
IG
|
RoboForex
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central | No | Yes |
| Client sentiment data | Yes | No |
| TipRanks | Yes | No |
| Acuity Trading | Yes | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing IG vs RoboForex for beginner education, IG clearly offers more for new forex and CFD traders. IG runs client webinars at least once a month and provides at least ten beginner videos plus at least ten advanced videos, giving newcomers and progressing traders a clear learning path. RoboForex does not host monthly educational webinars and does not meet the ten-video threshold for beginner or advanced topics, so its in-house library is leaner for those starting out.
Independent ratings back this up: IG earns 5 stars for Education and ranks #1 out of 63 brokers at ForexBrokers.com, while RoboForex holds 3.5 stars and ranks #57. If you want frequent live sessions and a large catalog of step-by-step videos tailored to beginners, IG is the stronger pick. RoboForex may suit traders who plan to learn elsewhere and only need limited broker-provided materials.
| Feature |
IG
|
RoboForex
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that IG is better than RoboForex. IG finished with an overall rank of #1, while RoboForex finished with an overall rank of #46.
IG offers the ultimate comprehensive trading package, featuring excellent trading and research tools, industry-leading education, and an extensive range of tradeable markets.
| Feature |
IG
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RoboForex
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|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 73 |
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Compared to RoboForex, IG allows buying actual (delivered) cryptocurrencies in addition to trading cryptocurrency CFDs, whereas RoboForex only offers crypto CFDs and does not support purchasing real coins.
IG vs RoboForex: For deposit and withdrawal options, IG supports ACH/SEPA, PayPal, and bank wires but not Skrill (Visa/Mastercard not specified), while RoboForex supports ACH/SEPA with PayPal, Skrill, Visa/Mastercard, and bank wire availability not specified.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | IG | RoboForex | |
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| Trust Score | 99 | 73 | |
| Winner | check_circle | ||
| Review | IG Review | RoboForex Review |
| Broker Screenshots | IG | RoboForex | |
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| Regulation | IG | RoboForex | |
|---|---|---|---|
| Trust Score | 99 | 73 | |
| Year Founded | 1974 | 2009 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 8 | 1 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | IG | RoboForex | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | Yes | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | IG | RoboForex | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | IG | RoboForex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 19537 | 8400 | |
| Forex Pairs (Total) | 97 | 28 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | No | Yes | |
| Cryptocurrency (Underlying) | Yes | No | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | IG | RoboForex | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.98 | 1.3 | |
| All-in Cost EUR/USD - Active | 0.82 | N/A | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | IG | RoboForex | |
|---|---|---|---|
| Minimum Deposit | £250.00 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | No | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | Yes | Yes |
| Trading Platforms | IG | RoboForex | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | IG | RoboForex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 33 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | IG | RoboForex | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 33 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | IG | RoboForex | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central | No | Yes | |
| TipRanks | Yes | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | IG | RoboForex | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | IG | RoboForex | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | IG Review | RoboForex Review |
| Overall | IG | RoboForex | |
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| Trust Score | 99 | 73 | |
| Winner | check_circle | ||
| Review | IG Review | RoboForex Review |
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