Written by ForexBrokers.com
In this head to head comparison of Vantage 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.
Both Vantage and RoboForex, established in 2009, are renowned online brokers offering trading services to a global audience. Though neither is publicly traded or operates as a bank, their regulatory standings differ significantly. Vantage holds two Tier-1 licenses and one Tier-2 license, gearing it towards a higher level of trust. This is reflected in its Trust Score of 90 out of 99, marking it as highly trusted according to ForexBrokers.com standards.
In contrast, RoboForex carries one Tier-1 license, with a Trust Score of 73, placing it in the average risk category. This implies that while RoboForex maintains some level of reliability, its trust indicators are comparatively lower than Vantage. Investors exploring these options should weigh these regulatory differences to make informed decisions that align with their risk tolerance.
| Feature |
Vantage
|
RoboForex
|
|---|---|---|
| Year Founded | 2009 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 2 |
When comparing the commissions and fees of Vantage and RoboForex, it's clear that each platform has its own strengths. Vantage offers three types of accounts: the Standard STP, the RAW ECN, and the PRO ECN. Its Standard account features a spread-only structure with typical spreads of 1.30 pips on EUR/USD. For traders seeking tighter spreads, the RAW ECN account averages 0.15 pips with an additional $6 per round trip commission, resulting in a competitive 0.75 total pips. The PRO ECN account stands out with a lower commission of $4 per round trip, but demands higher entry requirements. This diverse pricing approach earns Vantage a 4.5-star rating, placing it at #19 out of 62 brokers for commissions and fees.
On the other hand, RoboForex's Procent and Pro accounts have average spreads of 1.3 pips for EUR/USD, which are considered high when compared to the more competitive options available. While RoboForex provides a simple and straightforward fee structure, it may not satisfy traders looking for lower spreads or alternative pricing models found in other platforms. RoboForex receives a 3.5-star rating in the commissions and fees category, ranking it #54 out of 62 brokers according to ForexBrokers.com.
Ultimately, traders considering Vantage can benefit from flexible account options and attractive pricing for its PRO account holders, particularly those who qualify under the stipulations of different regulating entities. Although RoboForex offers simplicity, its higher average spreads and limited fee options might not appeal to those seeking more competitive trading costs. The distinct star ratings and rankings reflect the nuanced differences in how these brokers structure their commissions and fees.
| Feature |
Vantage
|
RoboForex
|
|---|---|---|
| Minimum Deposit | $50 | $100 |
| Average Spread EUR/USD - Standard | 1.30 | 1.3 |
| All-in Cost EUR/USD - Active | 0.75 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the range of investments offered by Vantage and RoboForex, both brokers provide options for forex trading as either CFDs or spot contracts. Vantage offers a total of 1,000 tradeable symbols, whereas RoboForex considerably expands this selection with 8,400 symbols. In terms of forex pairs, Vantage provides access to 61 pairs, surpassing RoboForex's offering of 28 pairs. Although neither broker allows trading in exchange-traded securities from U.S. or international exchanges, they both support copy trading and the purchase of cryptocurrency derivatives.
In terms of investment diversity, Vantage and RoboForex have their strong points. However, RoboForex takes the lead with a 4.5-star rating for its range of investments, compared to Vantage’s 3.5 stars. Similarly, RoboForex is ranked at #20 out of 62 brokers in the Range of Investments category by ForexBrokers.com, whereas Vantage holds the #50 spot. Overall, while both brokers offer similar core services, RoboForex emerges as the more diverse option in terms of the breadth of available investments.
| Feature |
Vantage
|
RoboForex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 8400 |
| Forex Pairs (Total) | 61 | 28 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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.
Both Vantage and RoboForex provide traders with comprehensive trading platforms and tools. Each broker offers simulated trading through free virtual demo accounts, allowing users to practice and hone their skills. Vantage stands out by providing a proprietary platform developed in-house, whereas RoboForex does not. Both brokers cater to Windows desktop users with downloadable platforms and also offer the convenience of web-based trading platforms. In terms of copy trading and support for popular platforms like MetaTrader 4 and MetaTrader 5, both Vantage and RoboForex are equally matched. However, Vantage offers access to DupliTrade, which RoboForex does not.
When it comes to charting, Vantage and RoboForex provide 15 drawing tools each, and both allow for trading directly from stock charts. Their offerings are also identical in terms of customizability with seven columns available for watch lists. Despite receiving the same four-star rating for trading platforms and tools, Vantage ranks higher at #21 compared to RoboForex's #43 out of 62 brokers on ForexBrokers.com. This indicates a slight edge for Vantage in terms of overall platform appeal and functionality. Ultimately, both brokers accommodate a variety of trading needs, but Vantage holds a subtle advantage in proprietary platform diversity and an additional copy trading option.
| Feature |
Vantage
|
RoboForex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | Yes | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Vantage and RoboForex provide iPhone and Android apps, ensuring smooth access to trading on the go. Users can receive instant stock and forex price alerts on both platforms, helping them stay ahead in dynamic market conditions. Each app offers 30 technical studies for charting, essential for detailed market analysis. Drawing trendlines and viewing multiple time frames are supported by both apps, enhancing users' technical analysis capabilities. Additionally, the apps automatically save chart drawings, which can streamline the trading process for regular users.
While both Vantage and RoboForex allow for the creation of watchlists with real-time quotes, neither supports syncing watchlists between their mobile apps and online accounts. This means users need to manually update watchlists in each location. Vantage and RoboForex both earn a solid four-star rating in mobile trading. However, in the ForexBrokers.com ranking of 62 brokers, Vantage is placed at #28, while RoboForex is further down the list at #43, offering a slight edge for Vantage in the diverse landscape of mobile trading apps.
| Feature |
Vantage
|
RoboForex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Both Vantage and RoboForex provide daily market commentary and top-tier forex news sourced from reputable outlets such as Bloomberg, Reuters, and Dow Jones. However, Vantage offers more comprehensive tools for technical analysis by providing access to resources from Autochartist, a feature not available with RoboForex. While both brokers utilize Trading Central for their research tools, Vantage enhances its offerings with sentiment-based trading tools, which RoboForex lacks. Additionally, both platforms include an economic calendar that keeps users informed about important upcoming global events.
While RoboForex incorporates research tools from Acuity Trading, Vantage exceeds expectations in other areas, earning a higher research rating of 4 stars compared to RoboForex's 3.5 stars. The superior breadth of research tools available on Vantage contributes to its better performance in industry rankings, placing it at 21st out of 62 brokers according to ForexBrokers.com. In comparison, RoboForex holds the 37th spot, trailing behind Vantage in terms of research resources and overall offering.
| Feature |
Vantage
|
RoboForex
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Vantage clearly stands out when it comes to educational resources for beginners interested in forex and CFDs trading. Vantage provides a comprehensive package that includes over 10 educational pieces such as articles, videos, and archived webinars. The platform ensures users have access to fresh content with monthly online educational webinars and maintains a searchable archive for ongoing learning. Beginners can benefit from more than 10 tailored educational videos, and there’s also a rich library of advanced videos for seasoned traders. Additionally, Vantage offers a detailed investor dictionary with definitions for over 50 investing terms. With a four-star rating for education, Vantage is ranked 24th out of 62 brokers in the education category by ForexBrokers.com.
In contrast, RoboForex offers limited educational resources in comparison. The platform does not reach the benchmark of providing at least 10 educational pieces focused on forex or CFDs. RoboForex does not offer monthly webinars or a searchable archive of past webinars. Both beginner and advanced educational video resources fall short of the 10-video threshold set by Vantage, and there is no investor dictionary available to users. With a rating of 3.5 stars for education, RoboForex ranks 56th out of 62 brokers evaluated by ForexBrokers.com in the education category.
| Feature |
Vantage
|
RoboForex
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Vantage is better than RoboForex. Vantage finished with an overall rank of #26, while RoboForex finished with an overall rank of #46.
Vantage rounds out its MetaTrader platform suite offering with support for multiple social trading platforms, content powered by Trading Central and a proprietary mobile app. However, Vantage trails industry leaders in key areas such as research and education.
| Feature |
Vantage
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RoboForex
|
|---|---|---|
| Overall Rating |
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| Trust Score | 90 | 73 |
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Both Vantage and RoboForex do not provide the option to purchase actual cryptocurrencies, but they do offer the ability to trade cryptocurrency derivatives.
While both Vantage and RoboForex provide multiple options for depositing and withdrawing funds, including PayPal, Skrill, Visa, Mastercard, and bank wires, only RoboForex offers the additional option of ACH or SEPA transfers.
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 | Vantage | RoboForex | |
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| Trust Score | 90 | 73 | |
| Winner | check_circle | ||
| Review | Vantage Review | RoboForex Review |
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| Regulation | Vantage | RoboForex | |
|---|---|---|---|
| Trust Score | 90 | 73 | |
| Year Founded | 2009 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 2 |
| Tier-1 Licenses (Highly Trusted) | Vantage | RoboForex | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | Vantage | RoboForex | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Vantage | RoboForex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 8400 | |
| Forex Pairs (Total) | 61 | 28 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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 | Vantage | RoboForex | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.30 | 1.3 | |
| All-in Cost EUR/USD - Active | 0.75 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Vantage | RoboForex | |
|---|---|---|---|
| Minimum Deposit | $50 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | Vantage | RoboForex | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | Yes | No | |
| ZuluTrade | No | No |
| Trading Tools | Vantage | RoboForex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Vantage | RoboForex | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Vantage | RoboForex | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Vantage | RoboForex | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Vantage | RoboForex | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Vantage Review | RoboForex Review |
| Overall | Vantage | RoboForex | |
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| Trust Score | 90 | 73 | |
| Winner | check_circle | ||
| Review | Vantage Review | RoboForex Review |
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