Updated Oct 20 2022
Overview | |
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RoboForex is an international broker established in 2009 which also owns the brand RoboMarkets and specialises on CFD trading over several asset classes. |
IG is a global broker established in 1974 that holds 8 reputable financial licenses and provides CFD trading on stocks, commodities, ETFs, indices, cryptocurrencies, bonds, futures, options along with real stocks through their share dealing account. |
Best For | |
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Licenses | |
Financial Regulation Regulated Top-tier Licenses 0 Other Licenses 1 Provided by |
Financial Regulation Regulated Top-tier Licenses 8 Other Licenses 2 Provided by |
🏛 Financial Regulators | |
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The Good | |
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The Bad | |
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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 | 1974 |
💳 Minimum Deposit Range | |
$10 | From $10 to $450. |
💰 Payment Methods | |
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💵 Account Base Currencies | |
4 - USD, EUR, CNY, GOLD. | 6 - AUD, EUR, GBP, HKD, SGD, USD. |
🗽 Available to U.S Citizens | |
No | Yes |
❌ Restricted Countries | |
US, CA, JP, AU, BQ, CW, TL, RU, GQ, FM, MP, SJ, SS, UK, European Union. |
SY, IR. |
📊 STP Account | |
Yes | No |
📊 DMA Account | |
No | Yes |
📊 ECN Account | |
Yes | Yes |
Banking License | |
No | No |
Debit Card | |
No | No | Assets |
📚 Assets Type | |
CFDs | Hybrid |
Total Asset Offering | |
13,206 | 35,227 |
Exchange Access | |
0 | 8 |
📙 Real Stocks | |
0 | 15,000 |
📙 Stock CFDs | |
12,000 | 15,000 |
📘 Currency Pairs | |
0 | 0 |
📘 Currency Pair CFDs | |
40 | 80 |
📗 Commodities | |
0 | 0 |
📗 Commodities CFDs | |
100 | 37 |
📕 Indices | |
0 | 0 |
📕 Indices CFDs | |
50 | 76 |
📔 ETFs | |
0 | 2,000 |
📔 ETFs CFDs | |
1,000 | 2,000 |
💸 Cryptocurrencies | |
0 | 0 |
💸 Cryptocurrency CFDs | |
16 | 15 |
📒 Bonds | |
0 | 0 |
📒 Bonds CFDs | |
0 | 19 |
📓 Options | |
0 | 0 |
📓 Options CFDs | |
0 | 1,000 |
📗 Futures | |
0 | 0 |
📗 Futures CFDs | |
0 | 0 | Trading Experience |
📈 Minimum Stock Trade Size | |
$1,000 (0.01 Lots) | 1/10 of Contract (5,000 Notional) |
📉 Minimum ETFs Trade Size | |
$1,000 (0.01 Lots) | 1/10 of Contract (5,000 Notional) |
📈 Minimum Crypto Trade Size | |
$1,000 (0.01 Lots) | 0.01 Contracts |
📉 Minimum FX Trade Size | |
$1,000 (0.01 Lots) | 1 Contract |
📈 Minimum Commodities Trade Size | |
$1,000 (0.01 Lots) | 1 Contract |
📉 Minimum Bonds Trade Size | |
Unavailable | 1 Contract |
📈 Minimum Futures Trade Size | |
Unavailable | 1 Contract |
📉 Minimum Options Trade Size | |
Unavailable | 1 Contract |
💪 Retail Leverage | |
2000 | 30 |
💪 Professional Leverage | |
Unavailable | 250 |
✍ Customisable Leverage | |
Yes | No |
🎲 Deleveraged Trading | |
No | No |
🎓 Demo Account | |
Yes | Yes |
📱 IOS App | |
Yes | Yes |
📱 Android App | |
Yes | Yes |
📺 MetaTrader 4 | |
Yes | Yes |
📺 MetaTrader 5 | |
Yes | No |
📺 cTrader | |
No | No |
💻 Web trader | |
Yes | Yes |
💻 TradingView Platform | |
No | No |
💻 Proprietary Platform | |
Yes | Yes |
📊 Multi-chart Tools | |
Yes | Yes |
👬 Copy Trading | |
Yes | No |
👫 Social Trading | |
No | No |
🔑 Guaranteed Stop-loss | |
No | Yes |
🔨 Trailing Stop-loss | |
Yes | Yes | Fees |
💰 Inactivity Fee | |
None | After 24 months of inactivity, IG charges an $18 monthly fee. |
💰 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). |
Yes, they charge depending on the client’s account base currency and exchange location of the shares being traded. For example, for some clients US shares can have a minimum charge of $10 in-and-out. |
Spreads |
📈 EUR/USD | |
Dynamic - From 0 to 1.4 Pips | Dynamic - From 0.6 Pips |
📉 SP500 | |
Dynamic - Market Spread | Dynamic - From 40 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 | Dynamic - Market Spread |
📉 BTC | |
Dynamic - From $220 | Dynamic - From $90 | Research and Analysis |
⭐ Watchlists | |
Yes | Yes |
🔭 Stock Screener | |
No | No |
🗓 Economic Calendar | |
Yes | Yes |
📜 Integrated Newsfeed | |
No | Yes |
📡 Reuters Feed | |
No | Yes |
📡 Educational Content | |
No | Yes |
📡 Live Chat Support | |
No | Yes |
📡 Video Tutorials | |
No | No |
📡 Account Management | |
No | No |
📡 Webinars | |
No | Yes |