Startrader vs Roboforex, for 2024
Read our In-Depth Startrader vs Roboforex Review - Updated for 2024
This comprehensive analysis of Startrader and Roboforex has been refreshed for 2024 by seasoned professionals with extensive expertise in CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of Startrader vs Roboforex does not apply to all countries as follows:
Startrader Excluded Countries
United States of America,
Roboforex Excluded Countries
United States of America, and Japan.
Compare Startrader vs Roboforex
Every online trading platforms feature some advantages and disadvantages, and a complete review of Startrader and Roboforex would not be regarded as thorough without adopting an objective perspective.
Examine Startrader and Roboforex in order to understand just how they compare to one another prior to you choose to create an account. Performing a comparative analysis will place factors in perspective in order that you are informed about what to expect.
So you are looking for a professional broker and are choosing between Startrader or Roboforex. Which one is best in 2024?
Our Startrader vs Roboforex comparison contains the most recent information so you can easily compare Roboforex against Startrader.
If you're a new entrant in the world of trading and brokerages, so many details will be perplexing for you. Getting into the world of trading requires expert analyzing skills and comprehensive understanding. You'll get proficient at all of the concepts of broker as you keep trading. For starters, you have to choose the right agent who'll be clear with you always.
In this fast-paced world of stock markets and trading, you'll need guidance to make correct decisions. A professionally lead investment plan has the potential to generate hefty returns. Startrader and Roboforex are two such stages that will take you and your investment to great heights. It's crucial to compare Startrader vs Roboforex until you trust them with your cash.
Our Startrader vs Roboforex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Startrader and Roboforex side by side.
Our entire Startrader vs Roboforex Review covers everything you need to know about trading with either Startrader or Roboforex. A good broker can multiply your initial investments and give you positive profits. If you would like to earn profits, you must trade with a broker service that contrasts with your investing objectives.
There is no sure-fire way to ensure profits; thus, you should carefully analyze your agent before you choose them. It is a common misconception that all brokers will be exactly the same, but that is not true. Wrong judgment, in the beginning, can set your investments at risk.
Startrader and Roboforex are both brokers that have found their way successfully to the broker world. Within this review, we have attempted to collate a number of the vital facets of both Startrader and Roboforex. This review can allow you to know whether either Roboforex or Startrader is a good match for your investments or not. We've tried to breakdown all of the qualities and fees for your convenience.
Benefits of Startrader and Roboforex Compared
Startrader has a minimum deposit of $50 while Roboforex offers a $1 minimum deposit.
Why smaller minimum deposits are good and how Startrader 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.
Startrader has around 170 financial instruments whilst Roboforex has around 170 available.
The more instruments you can trade on the Startrader 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 Startrader or Roboforex.
Startrader and Roboforex Contact Details
Being able to contact your broker easily is vital. Startrader and Roboforex have the following contact details and social medias that you can use.
|+86 4001 201725
|+65 3158 8389
|Flat/Rm A, 12/F, ZJ300, 300 Lockhart Road, Wan Chai, Hong Kong
|2118 Guava Street, Belama Phase 1, Belize City, Belize
|Startrader Twitter Account
|Roboforex Twitter Account
|Startrader Facebook Page
|Roboforex Facebook Page
|Startrader Instagram Account
|Roboforex Instagram Account
|Startrader LinkedIn Page
|Roboforex LinkedIn Page
|Startrader YouTube Channel
|Roboforex YouTube Channel
|Find Out More
Roboforex and Startrader Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of Startrader 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 average.
It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.
While most brokers are good at this, there are some poor ones. 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?
Startrader vs Roboforex - Awards
|At the time of writing this Startrader review, and despite Startrader’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 operating as an online trading platform. We list the most notable awards for Roboforex below.
|Find Out More
Startrader vs Roboforex - Frequently Asked Questions
Startrader vs Roboforex - Headquarters And Year Of Founding
Startrader was founded in 2011 and has its head office in Hong Kong.
Roboforex was founded in 2009 and has its head office in Belize.
What is the minimum deposit for Roboforex or Startrader
The minimum deposit for Startrader is $50.
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 Startrader and Roboforex are a good option.
Startrader vs Roboforex - Regulation And Licencing In More Detail
Startrader is regulated by Financial Conduct Authority (FCA), Saint Vincent and Grenadines (SVG) and Financial Services Authority Seychelles (FSA).
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 Startrader and Roboforex have a powerful set of rules for ensuring fair trading onto their platforms. For data encryption functions, they supply industry-standard secure socket layers (SSL).
As per their own privacy regulations, client information is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare Startrader vs Roboforex Commission And Fees
Startrader and Roboforex are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled much better. In other words, an internet broker isn't necessarily influenced by the amount of clients they have.
But this does not necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for various services to earn money. There are mainly three types of fees for this purpose.
The first sort of charges to look out for are trading charges. When you make an actual trade, like purchasing a stock or an ETF, you are charged trading charges. In these instances, you are spending a spread, funding speed, or a commission. The kinds of trading charges and the rates vary from broker to broker.
Commissions can be fixed or determined by the traded volume. On the flip side, a spread denotes the gap between the buying and selling price. Financing or overnight prices are people who are billed when you hold a leveraged position for longer than a day.
Apart from trading charges, online agents also charge non-trading fees. These are dependent on the actions you undertake in your account. They're charged for operations like depositing cash, not investing for lengthy periods, or withdrawals.
Generally, neither Startrader or Roboforex charge high fees in comparison to other online brokers. For operations other agents charge for, they do not charge a brokerage fee, or they charge a smaller amount. This is beneficial for people who regularly exchange, such as daily or weekly trading.
But, non-trading fees charged by Startrader and Roboforex are comparatively competitive. Consequently, you are charged more for non-trading activities on your trading accounts, like deposits and withdrawal. These aren't related to the sale and purchase of resources.
This Startrader vs Roboforex review for 2024 breaks down every one of the relevant non-trading charges for you in detail.
Compare Broker Fees For Startrader And Roboforex
What Languages Do Startrader And Roboforex Support?
Being able to chat completely with your trading platform is a key element when comparing trading platforms to find the best broker. Not only for support but to be sure you completely understand everything on their site and inside their app as it is a key part of success when trading online.
Here you can find the languages that both Startrader and Roboforex support.
How Many Clients Do Startrader and Roboforex Have?
Both Startrader 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 easiest ways of establishing this is by knowing how many customers are using their services.
Below you will find details of how many users Startrader and Roboforex have
What Payment Methods Do Startrader and Roboforex Accept?
Startrader 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 Startrader and Roboforex
What Can You Trade With Startrader and Roboforex?
Startrader offers 170 trading instruments and Roboforex offers 12000.
Below you will find a full breakdown of what both Startrader and Roboforex offer.
Startrader vs Roboforex:
Table Of Contents
- Compare Startrader vs Roboforex
- Benefits of Startrader and Roboforex Compared
- Roboforex and Startrader Mobile App Comparison
- Startrader vs Roboforex - Awards
- Startrader vs Roboforex - Frequently Asked Questions
- What is the minimum deposit for Roboforex or Startrader
- Startrader vs Roboforex - Regulation And Licencing In More Detail
- Compare Broker Fees For Startrader And Roboforex
- What Languages Do Startrader And Roboforex Support?
- How Many Clients Do Startrader and Roboforex Have?
- What Payment Methods Do Startrader and Roboforex Accept?
- What Can You Trade With Startrader and Roboforex?