RoboForex (RoboMarkets) vs IronFX 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 RoboForex (RoboMarkets) vs IronFX.
Does RoboForex (RoboMarkets) or IronFX 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, IronFX
offers better pricing overall for traders.
Is RoboForex (RoboMarkets) or IronFX 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. IronFX holds 2 global Tier-1 licenses, while RoboForex (RoboMarkets) holds 0. Both RoboForex (RoboMarkets) and IronFX hold 1 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, IronFX earned a higher Trust Score than RoboForex (RoboMarkets).
Which trading platform is better: RoboForex (RoboMarkets) or IronFX?
To compare the trading platforms of both RoboForex (RoboMarkets) and IronFX, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, RoboForex (RoboMarkets) offers a better experience. With research, IronFX offers superior market research. Finally, we found RoboForex (RoboMarkets) 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 RoboForex (RoboMarkets) and IronFX offer MetaTrader 4 (MT4).RoboForex (RoboMarkets) and IronFX both offer copy trading.
How many forex pairs and CFDs are available to trade?
IronFX provides traders 83 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 IronFX has 340 available CFDs, a difference of 11660.
Can I trust RoboForex (RoboMarkets)?
RoboForex is not publicly traded and does not operate a bank. RoboForex is authorised by zero tier-1 regulators (high trust), one tier-2 regulator (average trust), and one tier-3 regulators (low trust).
Can I trust IronFX?
IronFX is not publicly traded and does not operate a bank. IronFX is authorised by two tier-1 regulators (high trust), one tier-2 regulator (average trust), and one tier-3 regulator (low trust). IronFX is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA).
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.
Is IronFX good?
IronFX has come a long way to rebuild its brand, acquiring multiple regulatory licenses to improve its Trust Score, and creating balanced educational material. That said, pricing is an area where Iron FX has room to further improve as spreads appeared higher than the industry average.
Overall winner: RoboForex (RoboMarkets)
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We review each brokerโs overall global offering โ a โYesโ 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.