Roboforex vs TopForex, Updated for 2024
Roboforex Rating
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TopForex Rating
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58.42% of retail investor accounts lose money when trading CFDs with this provider. |
Losses can exceed deposits |
Roboforex vs TopForex Guide |
Read our In-Depth Roboforex vs TopForex Review - for 2024
This comprehensive analysis of Roboforex and TopForex has been updated to reflect any changes for 2024 from seasoned professionals boasting extensive expertise across CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of Roboforex vs TopForex does not apply to all countries as follows:
Roboforex Excluded Countries
United States of America, and Japan.
TopForex Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Roboforex vs TopForex
Each online trading platforms will have certain pros and cons, and a complete review of Roboforex and TopForex should not be regarded as thorough without adopting a fair assessment.
Examine TopForex and Roboforex in order to understand the way these platforms line up against each before you open an account. Conducting a side-by-side comparison helps to put things in perspective to ensure that you remain cognizant of what to expect.
So you are looking for an online trading platform and are choosing between Roboforex or TopForex. Which one is best in 2024?
This Roboforex vs TopForex comparison contains the latest information so you can easily compare TopForex against Roboforex.
If you're a new entrant in the world of trading and brokers, so many details will be confusing for you. Getting into the area of trading requires expert analyzing skills and comprehensive understanding. You will acquire proficient at all of the concepts of brokerage as you keep trading. For starters, you need to choose the ideal broker who'll be clear with you constantly.
Within this fast-paced world of stock markets and trading, you will need guidance to make correct decisions. A professionally direct investment program has the potential to generate hefty returns. Roboforex and TopForex are two such companies that will take you and your investment into great heights. It's crucial to compare Roboforex vs TopForex before you trust them with your cash.
Our Roboforex vs TopForex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Roboforex and TopForex side by side.
Our entire Roboforex vs TopForex Review covers all you will need to know about trading with either Roboforex or TopForex. A fantastic agent can multiply your initial investments and provide you favorable profits. If you would like to make profits, you must trade with a broker service that aligns with your investing goals.
There's absolutely no sure-fire method to guarantee profits; therefore, you must carefully analyze your agent before you choose them. It's a frequent misconception that all agents will be exactly the same, but that is not true. Wrong judgment, initially, can set your investments at risk.
Roboforex and TopForex are both brokers that have forged their way successfully to the brokerage world. In this review, we've tried to collate some of the important facets of both Roboforex and TopForex. This review can allow you to understand whether either TopForex or Roboforex is a good match for your investments or not. We've tried to breakdown all the features and charges for your advantage.
Benefits of Roboforex and TopForex Compared
Roboforex offers a minimum deposit of $1 while TopForex has a $100 minimum deposit.
Why smaller minimum deposits are good and how Roboforex and TopForex 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.
Roboforex has around 12000 financial instruments whilst TopForex allows you to trade around 12000 on their platform.
The more instruments you can trade on the Roboforex and TopForex 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 Roboforex or TopForex.
Roboforex and TopForex Contact Details
Being able to contact an online trading platform through many ways is important. Roboforex and TopForex have the following contact details and social medias that you can use.
Broker | Roboforex | TopForex |
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Telephone Number | +65 3158 8389 | |
info@roboforex.com | ||
Address | 2118 Guava Street, Belama Phase 1, Belize City, Belize | |
Roboforex Twitter Account | TopForex Twitter Account | |
Roboforex Facebook Page | TopForex Facebook Page | |
Roboforex Instagram Account | TopForex Instagram Account | |
Roboforex LinkedIn Page | TopForex LinkedIn Page | |
YouTube | Roboforex YouTube Channel | TopForex YouTube Channel |
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TopForex and Roboforex 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.
This part of comparing Roboforex and TopForex will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of both apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
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?
Roboforex vs TopForex - Awards
Broker | Roboforex | TopForex |
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Awards |
Roboforex have won several industry awards over the time they have been running as a financial broker. We list the most recognised awards for Roboforex below.
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At the time of writing this TopForex review, and despite TopForex’s impressive offering, the company has surprisingly not garnered any awards to date. |
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Roboforex vs TopForex - Frequently Asked Questions
Roboforex vs TopForex - Headquarters And Year Of Founding
Roboforex was founded in 2009 and has its head office in Belize.
TopForex was founded in 2009 and has its head office in Cyprus.
What is the minimum deposit for TopForex or Roboforex
The minimum deposit for Roboforex is $1.
The minimum deposit for TopForex is $100.
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 Roboforex and TopForex are a good option.
Roboforex vs TopForex - Regulation And Licencing In More Detail
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. .
TopForex is regulated by Cyprus Securities and Exchange Commission (CySEC).
Both Roboforex and TopForex have a strong collection of rules for ensuring honest trading on their individual platforms. For information encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their individual privacy policies, customer data is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare Roboforex vs TopForex Commission And Fees
Roboforex and TopForex are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the companies of online trading platforms are scaled better. That is, an online broker isn't necessarily affected by the number of clients they have.
But this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for various services to make money. There are primarily 3 different types of penalties for this objective.
The first kind of fees to look out for are trading fees. Whenever you make a genuine trade, like purchasing a stock or an ETF, you're billed trading charges. In such instances, you are paying a spread, financing rate, or even a commission. The kinds of trading fees and the prices differ from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the other hand, a spread denotes the difference between the buying and selling cost. Financing or overnight prices are people who are charged when you maintain a leveraged position for more than a day.
Apart from trading charges, online brokers also bill non-trading fees. These are determined by the activities you undertake in your accounts. They are charged for operations like depositing money, not trading for long periods, or withdrawals.
Generally, neither Roboforex or TopForex charge high fees compared to other online agents. For operations other brokers fee for, they either do not charge a brokerage fee, or they charge a lesser amount. This is beneficial for those who regularly exchange, such as daily or weekly trading.
However, non-trading fees billed by Roboforex and TopForex are relatively competitive. Consequently, you're charged more for non-trading actions on your trading accounts, such as withdrawal and deposits. These are not about the sale and purchase of assets.
This Roboforex vs TopForex review for 2024 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For Roboforex And TopForex
What Languages Do Roboforex And TopForex Support?
Being able to talk easily with your trading broker is a key part of comparing trading platforms to find the best broker. Not only for support but to be sure you completely understand everything on their website and inside their app as it is a key factor to success when trading online.
Here you will find the languages that both Roboforex and TopForex offer communication in.
How Many Clients Do Roboforex and TopForex Have?
Both Roboforex and TopForex are well established with their client base. It is really important to work with an online broker that is professional and one of the easiest ways of establishing this is by knowing how many customers they already work with.
Below you will find details of how many customers Roboforex and TopForex have
Broker | Roboforex | TopForex |
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Clients / Users | 10,000+ | 10,000+ |
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What Payment Methods Do Roboforex and TopForex Accept?
Roboforex and TopForex 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 Roboforex and TopForex
What Can You Trade With Roboforex and TopForex?
Roboforex offers 12000 trading instruments and TopForex offers 100.
Below you will find a full breakdown of what both Roboforex and TopForex offer.
Roboforex Review
Roboforex vs TopForex:
Table Of Contents
- Compare Roboforex vs TopForex
- Benefits of Roboforex and TopForex Compared
- TopForex and Roboforex Mobile App Comparison
- Roboforex vs TopForex - Awards
- Roboforex vs TopForex - Frequently Asked Questions
- What is the minimum deposit for TopForex or Roboforex
- Roboforex vs TopForex - Regulation And Licencing In More Detail
- Compare Broker Fees For Roboforex And TopForex
- What Languages Do Roboforex And TopForex Support?
- How Many Clients Do Roboforex and TopForex Have?
- What Payment Methods Do Roboforex and TopForex Accept?
- What Can You Trade With Roboforex and TopForex?