Updated Oct 20 2022
Visit 74-89% of retail CFD accounts lose money. |
Visit
76.27% of retail CFD accounts lose money. |
Overview | |
RoboForex is an international broker established in 2009 which also owns the brand RoboMarkets and specialises on CFD trading over several asset classes. |
IC Markets is an Australian broker with a global presence specialising in Forex trading. One of their greatest advantages is providing RAW spread accounts with interbank pricing. |
Best For | |
|
|
Licenses | |
Financial Regulation Regulated Top-tier Licenses 0 Other Licenses 1 Provided by |
Financial Regulation Regulated Top-tier Licenses 1 Other Licenses 2 Provided by |
🏛 Financial Regulators | |
|
|
The Good | |
|
|
The Bad | |
|
|
Status | |
Operational | Operational |
Recent News | |
No fresh news at the moment. Check again soon! |
No fresh news at the moment. Check again soon! |
Key Data | |
⌛ Account Opening Time | |
1 day | 1 day |
📋 Documents Required | |
All documents must be under the account holder's name. |
All documents must be under the account holder's name. |
📍 Year Founded | |
2009 | 2007 |
💳 Minimum Deposit Range | |
$10 | $200 |
💰 Payment Methods | |
|
|
💵 Account Base Currencies | |
4 - USD, EUR, CNY, GOLD. | 10 - USD, GBP, EUR, AUD, CHF, JPY, HKD, CAD, SGD, NZD. |
🗽 Available to U.S Citizens | |
No | No |
❌ Restricted Countries | |
US, CA, JP, AU, BQ, CW, TL, RU, GQ, FM, MP, SJ, SS, UK, European Union. |
US, CA, IL. |
📊 STP Account | |
Yes | Yes |
📊 DMA Account | |
No | No |
📊 ECN Account | |
Yes | Yes |
Banking License | |
No | No |
Debit Card | |
No | No | Assets |
📚 Assets Type | |
CFDs | CFDs |
Total Asset Offering | |
13,206 | 1,737 |
Exchange Access | |
0 | 0 |
📙 Real Stocks | |
0 | 0 |
📙 Stock CFDs | |
12,000 | 1,600 |
📘 Currency Pairs | |
0 | 0 |
📘 Currency Pair CFDs | |
40 | 61 |
📗 Commodities | |
0 | 0 |
📗 Commodities CFDs | |
100 | 22 |
📕 Indices | |
0 | 0 |
📕 Indices CFDs | |
50 | 25 |
📔 ETFs | |
0 | 0 |
📔 ETFs CFDs | |
1,000 | 0 |
💸 Cryptocurrencies | |
0 | 0 |
💸 Cryptocurrency CFDs | |
16 | 18 |
📒 Bonds | |
0 | 0 |
📒 Bonds CFDs | |
0 | 11 |
📓 Options | |
0 | 0 |
📓 Options CFDs | |
0 | 0 |
📗 Futures | |
0 | 0 |
📗 Futures CFDs | |
0 | 0 | Trading Experience |
📈 Minimum Stock Trade Size | |
$1,000 (0.01 Lots) | Unavailable |
📉 Minimum ETFs Trade Size | |
$1,000 (0.01 Lots) | Unavailable |
📈 Minimum Crypto Trade Size | |
$1,000 (0.01 Lots) | Varies by Cryptocurrency (Eg: 0.01 BTC) |
📉 Minimum FX Trade Size | |
$1,000 (0.01 Lots) | $1,000 - 0.01 Lots |
📈 Minimum Commodities Trade Size | |
$1,000 (0.01 Lots) | $1,000 - 0.01 Lots |
📉 Minimum Bonds Trade Size | |
Unavailable | Unavailable |
📈 Minimum Futures Trade Size | |
Unavailable | Unavailable |
📉 Minimum Options Trade Size | |
Unavailable | Unavailable |
💪 Retail Leverage | |
2000 | 30 |
💪 Professional Leverage | |
Unavailable | 500 |
✍ Customisable Leverage | |
Yes | Yes |
🎲 Deleveraged Trading | |
No | No |
🎓 Demo Account | |
Yes | Yes |
📱 IOS App | |
Yes | Yes |
📱 Android App | |
Yes | Yes |
📺 MetaTrader 4 | |
Yes | Yes |
📺 MetaTrader 5 | |
Yes | Yes |
📺 cTrader | |
No | Yes |
💻 Web trader | |
Yes | Yes |
💻 TradingView Platform | |
No | No |
💻 Proprietary Platform | |
Yes | No |
📊 Multi-chart Tools | |
Yes | Yes |
👬 Copy Trading | |
Yes | Yes |
👫 Social Trading | |
No | Yes |
🔑 Guaranteed Stop-loss | |
No | No |
🔨 Trailing Stop-loss | |
Yes | No | Fees |
💰 Inactivity Fee | |
None | None |
💰 Deposit Fees | |
None | None |
💰 Withdrawal Fees | |
Yes for some methods (eg: Some bank withdrawals can cost up to 1.5% of the amount). |
None |
💰 Commissions | |
Yes depending on account type (eg: for ECN accounts there are commissions up to $20). |
No commissions in standard accounts but rather a 1 Pip spread markup on interbank prices received. For Raw spreads accounts, $7 per lot round turn. |
Spreads |
📈 EUR/USD | |
Dynamic - From 0 to 1.4 Pips | Dynamic - From 0 to 0.6 Pips |
📉 SP500 | |
Dynamic - Market Spread | Dynamic - From 20 to 45 Pips |
📈 GOLD | |
Dynamic - From 17 Pips | Dynamic - From 30 Pips |
📉 TSLA (Stock CFD) | |
Dynamic - Market Spread | Dynamic - Market Spread |
📈 XLK (ETF - CFD) | |
Dynamic - Market Spread | Unavailable |
📉 BTC | |
Dynamic - From $220 | Dynamic - From $8.7 to $42 | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
No | No |
🗓 Economic Calendar | |
Yes | Yes |
📜 Integrated Newsfeed | |
No | No |
📡 Reuters Feed | |
No | No |
📡 Educational Content | |
No | Yes |
📡 Live Chat Support | |
No | Yes |
📡 Video Tutorials | |
No | No |
📡 Account Management | |
No | No |
📡 Webinars | |
No | No |