IG vs Roboforex, for 2024
Read our In-Depth IG vs Roboforex Review - 2024 Update
Our comprehensive analysis of IG and Roboforex has been updated to reflect any changes for 2024 by industry experts boasting considerable financial experience across Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of IG vs Roboforex does not apply to all countries as follows:
IG Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Roboforex Excluded Countries
United States of America, and Japan.
Compare IG vs Roboforex
Each trading platforms has certain ups and downs, and any comprehensive review of IG and Roboforex would not be complete without adopting a fair assessment.
Compare Roboforex and IG to understand just how they line up with one another before you create an account. Conducting a comprehensive comparison helps to put things in perspective in order that you're aware of the expectations.
So you are looking for a professional broker and are choosing between IG or Roboforex. Which one is best in 2024?
This IG vs Roboforex comparison contains the most recent information so you can easily compare Roboforex against IG.
If you're a new entrant in the world of trading and brokerages, so many facts will be perplexing for you. Getting into the world of trading requires expert assessing skills and comprehensive knowledge. You will acquire proficient at all of the concepts of broker since you continue trading. For starters, you need to choose the ideal broker who will be transparent with you always.
In this fast-paced universe of stock markets and trading, you will need advice to make proper decisions. A professionally lead investment plan has the potential to generate hefty returns. IG and Roboforex are two such trading platforms that will take you and your investment into great heights. It is crucial to compare IG vs Roboforex before you trust them with your money.
Our IG vs Roboforex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IG and Roboforex side by side.
Our full IG vs Roboforex Review covers everything you will need to learn about trading with either IG or Roboforex. A fantastic broker can multiply your first investments and give you positive profits. If you want to earn profits, you must trade with a brokerage service that contrasts with your investment objectives.
There is no sure-fire method to ensure profits; therefore, you must carefully analyze your broker before you select them. It's a common misconception that all agents will be exactly the same, but that is not correct. Wrong judgment, in the beginning, can set your investments in danger.
IG and Roboforex are both brokers that have found their way successfully into the broker world. Within this review, we've tried to collate some of the important facets of both IG and Roboforex. This review will help you to understand whether either Roboforex or IG is a fantastic match for your investments or not. We've attempted to breakdown all of the qualities and fees for your advantage.
Benefits of IG and Roboforex Compared
IG has a minimum deposit of $200 while Roboforex has a $1 minimum deposit.
Why smaller minimum deposits are good and how IG and Roboforex compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
IG has around 10,000 financial instruments while Roboforex allows you to trade around 10,000 financial instruments on their platform.
The more instruments you can trade on the IG and Roboforex trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you never want to miss out on a trading opportunity due to the limitations of IG or Roboforex.
IG and Roboforex Contact Details
Being able to contact a broker easily is a sign of a professional broker. IG and Roboforex have the following contact details and social medias that you can use.
Broker | IG | Roboforex |
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Telephone Number | +65 3158 8389 | |
info@roboforex.com | ||
Address | 2118 Guava Street, Belama Phase 1, Belize City, Belize | |
IG Twitter Account | Roboforex Twitter Account | |
IG Facebook Page | Roboforex Facebook Page | |
IG Instagram Account | Roboforex Instagram Account | |
IG LinkedIn Page | Roboforex LinkedIn Page | |
YouTube | IG YouTube Channel | Roboforex YouTube Channel |
Find Out More |
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Roboforex and IG Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing IG and Roboforex will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of the apps as better than average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
IG vs Roboforex - Awards
Broker | IG | Roboforex |
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Awards | At the time of writing this IG review, and despite IG’s impressive offering, the company has surprisingly not garnered any awards to date. |
Roboforex have won a lot of industry awards over the years they have been running as a financial broker. We list the most notable awards for Roboforex here.
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Find Out More |
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IG vs Roboforex - Frequently Asked Questions
IG vs Roboforex - Headquarters And Year Of Founding
IG was founded in 1974 and has its head office in UK.
Roboforex was founded in 2009 and has its headquaters in Belize.
What is the minimum deposit for Roboforex or IG
The minimum deposit for IG is $200.
The minimum deposit for Roboforex is $1.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both IG and Roboforex are a good option.
IG vs Roboforex - Regulation And Licencing In More Detail
IG is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC).
Roboforex is regulated by RoboForex Ltd is a financial brokerage company regulated by the FSC, license No. 000138/437, reg. number 128.572. Address: 2118 Guava Street, Belama Phase 1, Belize City, Belize. .
Both IG and Roboforex have a powerful collection of rules for ensuring fair trading onto their platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
As per their privacy policies, customer information is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare IG vs Roboforex Commission And Fees
IG and Roboforex are online brokerage platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled much better. That is, an internet broker isn't necessarily influenced by the amount of customers they have.
But this doesn't mean that online brokers do not charge any fees. They charge fees of varying rates for various services to make money. There are mainly three types of penalties for this objective.
The first sort of fees to keep an eye out for are trading fees. When you make a genuine trade, like purchasing a stock or an ETF, you're billed trading charges. In these cases, you are spending a spread, funding rate, or even a commission. The kinds of trading charges and the prices differ from broker to broker.
Commissions can be fixed or dependent on the traded quantity. On the other hand, a spread denotes the gap between the buying and selling price. Financing or overnight prices are those that are billed when you hold a leveraged position for more than daily.
Apart from trading fees, online agents also charge non-trading fees. These are determined by the activities you undertake in your accounts. They are charged for operations like depositing money, not investing for long periods, or withdrawals.
Generally, neither IG or Roboforex charge high fees in comparison to other online brokers. For operations other brokers fee for, they do not charge a brokerage fee, or they charge a smaller amount. This can be beneficial for people who regularly exchange, for example weekly or daily trading.
However, non-trading fees charged by IG and Roboforex are relatively lower. As a result, you're charged more for non-trading activities in your trading accounts, such as deposits and withdrawal. These are not about the sale and purchase of resources.
This IG vs Roboforex review for 2024 breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees For IG And Roboforex
What Languages Do IG And Roboforex Support?
Being able to communicate completely with your online platform is a key part of comparing brokers to find the best broker. Not only for support but to ensure you completely understand everything on their website and inside their application as it is a key part of success when trading online.
Here you will find the languages that both IG and Roboforex support.
How Many Clients Do IG and Roboforex Have?
Both IG and Roboforex are well established with their customer base. It is really important to work with a broker that is reputable and one of the most simple ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many customers IG and Roboforex are working with
What Payment Methods Do IG and Roboforex Accept?
IG and Roboforex both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at IG and Roboforex
What Can You Trade With IG and Roboforex?
IG offers 10,000 trading instruments and Roboforex offers 12000.
Below you will find a full breakdown of what both IG and Roboforex offer.
IG Review
IG vs Roboforex:
Table Of Contents
- Compare IG vs Roboforex
- Benefits of IG and Roboforex Compared
- Roboforex and IG Mobile App Comparison
- IG vs Roboforex - Awards
- IG vs Roboforex - Frequently Asked Questions
- What is the minimum deposit for Roboforex or IG
- IG vs Roboforex - Regulation And Licencing In More Detail
- Compare Broker Fees For IG And Roboforex
- What Languages Do IG And Roboforex Support?
- How Many Clients Do IG and Roboforex Have?
- What Payment Methods Do IG and Roboforex Accept?
- What Can You Trade With IG and Roboforex?