NordFX vs Roboforex, Who's Better?
Read our In-Depth NordFX vs Roboforex Review - for 2024
This comprehensive analysis of NordFX and Roboforex has been revised to reflect any changes for 2024 by industry experts with significant financial experience across Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of NordFX vs Roboforex does not apply to all countries as follows:
NordFX Excluded Countries
United States of America, Canada, Syrian Arab Republic, Sudan, Cuba, and Netherlands.
Roboforex Excluded Countries
United States of America, and Japan.
Compare NordFX vs Roboforex
Every online trading platforms feature some advantages and disadvantages, and a complete NordFX and Roboforex review should not be regarded as thorough without having an objective perspective.
Compare NordFX and Roboforex in order to understand just how these platforms line up with one another prior to you choose to create an account. Conducting a comprehensive comparison will bring aspects into perspective to ensure that you're informed about the expectations.
So you are looking for a broker and are choosing between NordFX or Roboforex. Which one is best in 2024?
This NordFX vs Roboforex comparison contains the latest information so you can easily compare Roboforex against NordFX.
If you are a new entrant in the world of trading and brokers, so many details will be confusing for you. Getting into the world of trading requires expert analyzing skills and thorough knowledge. You'll acquire adept at all the concepts of brokerage since you keep trading. For starters, you need to select the right broker who will be transparent with you constantly.
In this fast-paced universe of stock markets and trading, you will need guidance to make proper decisions. A professionally lead investment plan has the potential to generate hefty returns. NordFX and Roboforex are just two such companies that will take you and your investment into great heights. It is crucial to compare NordFX vs Roboforex until you trust them with your money.
Our NordFX vs Roboforex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust NordFX and Roboforex side by side.
Our entire NordFX vs Roboforex Review covers all you will need to know about trading with either NordFX or Roboforex. A fantastic agent can multiply your first investments and provide you favorable profits. If you would like to make profits, you should trade with a broker service that contrasts with your investing objectives.
There is no sure-fire method to ensure profits; thus, you must carefully assess your broker before you select them. It is a frequent misconception that all agents will be the same, but that's not true. Wrong judgment, in the beginning, can set your investments at risk.
NordFX and Roboforex are both brokers which have paved their way successfully to the broker world. In this review, we have attempted to collate a number of the important facets of both NordFX and Roboforex. This review can allow you to understand whether either Roboforex or NordFX is a good fit for your investments or not. We have tried to breakdown all the qualities and fees for your advantage.
Benefits of NordFX and Roboforex Compared
NordFX has a minimum deposit of $10 while Roboforex offers a $1 minimum deposit.
Why smaller minimum deposits are good and how NordFX 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.
NordFX has around 116 financial instruments whilst Roboforex allows you to trade around 116 financial instruments on their platform.
The more instruments you can trade on the NordFX and Roboforex 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 seriously do not want to miss out on a trading opportunity due to the limitations of NordFX or Roboforex.
NordFX and Roboforex Contact Details
Being able to contact a broker easily is important. NordFX and Roboforex have the following contact details and social medias that you can use.
Broker | NordFX | Roboforex |
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Telephone Number | +91 120 433 3948 | +65 3158 8389 |
support@nordfx.com | info@roboforex.com | |
Address | Pot 805/103 Rue D'Auvergne, Port Vila, Vanuatu | 2118 Guava Street, Belama Phase 1, Belize City, Belize |
NordFX Twitter Account | Roboforex Twitter Account | |
NordFX Facebook Page | Roboforex Facebook Page | |
NordFX Instagram Account | Roboforex Instagram Account | |
NordFX LinkedIn Page | Roboforex LinkedIn Page | |
YouTube | NordFX YouTube Channel | Roboforex YouTube Channel |
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Roboforex and NordFX Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
In this part of our comparison of NordFX and Roboforex we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of both apps as Better than the 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?
NordFX vs Roboforex - Awards
Broker | NordFX | Roboforex |
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Awards | At the time of writing this NordFX review, and despite NordFX’s impressive offering, the company has surprisingly not garnered any awards to date. |
Roboforex have won numerous industry awards over the years they have been running as a financial broker. We detail the most recognised awards for Roboforex below.
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Find Out More |
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NordFX vs Roboforex - Frequently Asked Questions
NordFX vs Roboforex - Headquarters And Year Of Founding
NordFX was founded in 2008 and has its headquaters in Mauritius.
Roboforex was founded in 2009 and has its head office in Belize.
What is the minimum deposit for Roboforex or NordFX
The minimum deposit for NordFX is $10.
The minimum deposit for Roboforex is $1.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both NordFX and Roboforex are a good choice.
NordFX vs Roboforex - Regulation And Licencing In More Detail
NordFX is regulated by VFSC (15008).
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 NordFX and Roboforex have a strong collection of rules for ensuring fair trading onto their individual platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
As per their individual privacy policies, customer data is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare NordFX vs Roboforex Commission And Fees
NordFX and Roboforex are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the companies of online trading platforms are scaled much better. In other words, an internet broker is not necessarily affected by the number of customers they have.
But this does not necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are mainly three types of fees for this purpose.
The first kind of charges to look out for are trading charges. Whenever you make an actual trade, like purchasing a stock or an ETF, you're charged trading fees. In these cases, you're paying a spread, funding rate, or a commission. The sorts of trading charges and the rates differ from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the flip side, a spread denotes the difference between the buying and selling price. Financing or overnight rates are those who are charged when you hold a leveraged position for longer than daily.
Apart from trading fees, online brokers also charge non-trading fees. These are dependent on the actions you undertake on your accounts. They are billed for operations like depositing money, not trading for lengthy periods, or withdrawals.
Generally, neither NordFX or Roboforex charge high fees in comparison to other online agents. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a smaller amount. This is beneficial for people who regularly trade, such as weekly or daily trading.
But, non-trading fees billed by NordFX and Roboforex are comparatively competitive. Consequently, you're charged more for non-trading activities in your trading accounts, like deposits and withdrawal. These aren't about the purchase and sale of assets.
This NordFX vs Roboforex review for 2024 breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees For NordFX And Roboforex
What Languages Do NordFX And Roboforex Support?
Being able to talk completely with your trading platform is a key way of comparing brokers to find the best trading partner. Not only for support but to be sure you completely understand everything on their website and inside their application as it is a key part of success when trading forex.
Below you can find the languages that both NordFX and Roboforex support.
How Many Clients Do NordFX and Roboforex Have?
Both NordFX and Roboforex are well known and trusted. It is important to work with an online broker you can trust and one of the easiest ways of understanding this is by knowing how many clients are using their services.
Below you will find details of how many clients NordFX and Roboforex are active on their platform
What Payment Methods Do NordFX and Roboforex Accept?
NordFX 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 NordFX and Roboforex
What Can You Trade With NordFX and Roboforex?
NordFX offers 116 trading instruments while Roboforex offers 12000.
Below you will find a full breakdown of what both NordFX and Roboforex offer.
NordFX Review
NordFX vs Roboforex:
Table Of Contents
- Compare NordFX vs Roboforex
- Benefits of NordFX and Roboforex Compared
- Roboforex and NordFX Mobile App Comparison
- NordFX vs Roboforex - Awards
- NordFX vs Roboforex - Frequently Asked Questions
- What is the minimum deposit for Roboforex or NordFX
- NordFX vs Roboforex - Regulation And Licencing In More Detail
- Compare Broker Fees For NordFX And Roboforex
- What Languages Do NordFX And Roboforex Support?
- How Many Clients Do NordFX and Roboforex Have?
- What Payment Methods Do NordFX and Roboforex Accept?
- What Can You Trade With NordFX and Roboforex?