easyMarkets vs Roboforex, Updated for 2024
Read our In-Depth easyMarkets vs Roboforex Review - Updated for 2024
Our comprehensive analysis of easyMarkets and Roboforex has been refreshed to reflect any changes for 2024 by industry experts boasting significant financial experience in Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of easyMarkets vs Roboforex does not apply to all countries as follows:
easyMarkets Excluded Countries
United States of America, Israel, Afghanistan, Anguilla, Burundi, Cambodia, Cayman Islands, Chad, Congo, Cuba, Democratic Republic of the Congo, Dominica, Equatorial Guinea, Fiji, Guinea Bissau, Haiti, Honduras, Iran, Iraq, Lao, Libya, Mozambique, Myanmar, Nicaragua, Democratic Peoples Republic of Korea, Palau, Panama, Somalia, Sudan, Syrian Arab Republic, Trinidad and Tobago, Turkmenistan, Vanuatu, Venezuela, and Yemen.
Roboforex Excluded Countries
United States of America, and Japan.
Compare easyMarkets vs Roboforex
Every platforms for online trading will have some advantages and disadvantages, so any comprehensive easyMarkets and Roboforex review should not be regarded as thorough without adopting a balanced approach.
Assess easyMarkets and Roboforex in order to understand the way they line up against one another prior to you create an account. Performing a side-by-side comparison will put things in perspective in order that you're aware of what to expect.
So you are looking for a reputable broker and are choosing between easyMarkets or Roboforex. Who is better in 2024?
Our easyMarkets vs Roboforex comparison contains the latest information so you can easily compare Roboforex against easyMarkets.
If you are a new entrant in the realm of trading and brokers, so many facts will be confusing for you. Getting into the world of trading demands expert analyzing skills and thorough understanding. You'll get adept at all of the concepts of brokerage as you keep trading. For starters, you have to select the ideal agent who'll be transparent with you constantly.
In this fast-paced world of stock markets and trading, you'll need guidance to make correct decisions. A professionally direct investment program has the potential to create hefty returns. easyMarkets and Roboforex are just two such stages which will take you along with your investment to great heights. It is important to compare easyMarkets vs Roboforex before you trust them with your money.
Our easyMarkets vs Roboforex comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust easyMarkets and Roboforex side by side.
Our full easyMarkets vs Roboforex Review covers all you will need to know about trading using either easyMarkets or Roboforex. A good agent can multiply your initial investments and provide you positive profits. If you would like to earn profits, you should trade with a brokerage service that contrasts with your investment goals.
There is no sure-fire way 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 true. Wrong judgment, in the beginning, can set your investments at risk.
easyMarkets and Roboforex are both brokers that have paved their way successfully into the brokerage world. In this review, we have tried to collate some of the vital aspects of both easyMarkets and Roboforex. This review will help you to understand whether either Roboforex or easyMarkets is a good match for your investments or not. We've attempted to breakdown all of the qualities and fees for your advantage.
Benefits of easyMarkets and Roboforex Compared
easyMarkets has a minimum deposit of $100 while Roboforex has a $1 minimum deposit.
Why smaller minimum deposits are good and how easyMarkets 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.
easyMarkets allows you to trade around 200 financial instruments whilst Roboforex allows you to trade around 200 financial instruments available.
The more financial instruments you can trade on the easyMarkets 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 should never want to miss out on a trading opportunity due to the limitations of easyMarkets or Roboforex.
easyMarkets and Roboforex Contact Details
Being able to contact your broker through many ways is important. easyMarkets and Roboforex have the following contact details and social medias that you can use.
Broker | easyMarkets | Roboforex |
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Telephone Number | +357 25 828 899 | +65 3158 8389 |
support@easymarkets.com | info@roboforex.com | |
Address | 1 Griva Digheni, Limassol, Limassol 3035, CY | 2118 Guava Street, Belama Phase 1, Belize City, Belize |
easyMarkets Twitter Account | Roboforex Twitter Account | |
easyMarkets Facebook Page | Roboforex Facebook Page | |
easyMarkets Instagram Account | Roboforex Instagram Account | |
easyMarkets LinkedIn Page | Roboforex LinkedIn Page | |
YouTube | easyMarkets YouTube Channel | Roboforex YouTube Channel |
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Roboforex and easyMarkets 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 easyMarkets and Roboforex will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of both apps as Better than the 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. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin 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?
easyMarkets vs Roboforex - Awards
Broker | easyMarkets | Roboforex |
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Awards |
easyMarkets have won a lot of industry awards over the years they have been operating as an online broker. We detail the most recognised awards for easyMarkets below.
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Roboforex have won numerous industry awards over the time they have been operating as a financial broker. We show the most recognised awards for Roboforex below.
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Find Out More |
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easyMarkets vs Roboforex - Frequently Asked Questions
easyMarkets vs Roboforex - Headquarters And Year Of Founding
easyMarkets was founded in 2003 and has its head office in Cyprus, Australia.
Roboforex was founded in 2009 and has its head office in Belize.
What is the minimum deposit for Roboforex or easyMarkets
The minimum deposit for easyMarkets is $100.
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 easyMarkets and Roboforex are a good choice.
easyMarkets vs Roboforex - Regulation And Licencing In More Detail
easyMarkets is regulated by Cyprus Securities and Exchange Commission (CySEC), 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 easyMarkets and Roboforex have a strong set of rules for ensuring fair trading onto their platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their own privacy regulations, customer data is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare easyMarkets vs Roboforex Commission And Fees
easyMarkets and Roboforex are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled better. That is, an internet broker isn't necessarily affected by the number of clients they have.
However, this does not mean that online brokers don't charge any fees. They charge prices of varying rates for various services to earn money. There are mainly 3 types of penalties for this purpose.
The first sort of fees to look out for are trading fees. When you make an actual trade, like buying a stock or an ETF, you're billed trading fees. In such instances, you're paying a spread, financing speed, or a commission. The kinds of trading fees and the rates vary from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the flip side, a spread refers to the difference between the buying and selling price. Financing or overnight prices are people that are charged when you maintain a leveraged position for more than daily.
Aside from trading fees, online agents also charge non-trading fees. These are determined by the actions you undertake on your account. They are billed for surgeries like depositing money, not investing for long periods, or withdrawals.
Generally, neither easyMarkets or Roboforex charge high fees compared to other online agents. For operations other agents charge for, they either do not charge a broker fee, or they charge a lesser amount. This can be beneficial for people who regularly exchange, such as weekly or daily trading.
But, non-trading fees charged by easyMarkets and Roboforex are comparatively greater. As a result, you're billed more for non-trading activities in your trading account, such as withdrawal and deposits. These aren't related to the purchase and sale of resources.
This easyMarkets vs Roboforex review for 2024 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For easyMarkets And Roboforex
What Languages Do easyMarkets And Roboforex Support?
Being able to chat completely with your trading platform is a key way of comparing online brokers to find the best trading partner. Not only for support but to ensure you understand everything on their site and inside their application as it is a key factor to success when trading online.
Here you will find all the languages that both easyMarkets and Roboforex offer communication in.
How Many Clients Do easyMarkets and Roboforex Have?
Both easyMarkets and Roboforex are well established with their client base. It is important to work with an online broker that is professional and one of the easiest ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many clients easyMarkets and Roboforex are active on their platform
What Payment Methods Do easyMarkets and Roboforex Accept?
easyMarkets 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 easyMarkets and Roboforex
What Can You Trade With easyMarkets and Roboforex?
easyMarkets offers 200 trading instruments while Roboforex offers 12000.
Below you will find a full breakdown of what both easyMarkets and Roboforex offer.
easyMarkets Review
easyMarkets vs Roboforex:
Table Of Contents
- Compare easyMarkets vs Roboforex
- Benefits of easyMarkets and Roboforex Compared
- Roboforex and easyMarkets Mobile App Comparison
- easyMarkets vs Roboforex - Awards
- easyMarkets vs Roboforex - Frequently Asked Questions
- What is the minimum deposit for Roboforex or easyMarkets
- easyMarkets vs Roboforex - Regulation And Licencing In More Detail
- Compare Broker Fees For easyMarkets And Roboforex
- What Languages Do easyMarkets And Roboforex Support?
- How Many Clients Do easyMarkets and Roboforex Have?
- What Payment Methods Do easyMarkets and Roboforex Accept?
- What Can You Trade With easyMarkets and Roboforex?