RoboForex Vs. Webull - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 74-89% of retail CFD accounts lose money.	Visit Your capital is at risk.
Overview
RoboForex is an international broker established in 2009 which also owns the brand RoboMarkets and specialises on CFD trading over several asset classes.	Webull is a US-based broker that offers both real and leveraged products including Stocks, Crypto, Options, ETFs, and ADRs with zero commissions and no deposit minimums.
Best For
Intermediate and Professional traders looking for different account offerings Experienced traders looking for trading platform variety	Novices who want to enter the world of investing Intermediate and advanced options traders Professional day traders and portfolio managers
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 0 Other Licenses 1 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 2 Other Licenses 0 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
IFSC (International Financial Services Commission of Belize)	HKMA (Hong Kong) FINRA (United States)
The Good
Comprehensive asset offering with more than 13,000+ instruments Great platform variety (MT4, MT5, cTrader and their own proprietary platforms) Custom account types with spreads from 0 pips	Trade any asset class from just $5 Easy-to-use investing app Fully extended trading hours
The Bad
Weak regulatory framework (counting on 1 license from the IFSC) Doesn’t accept clients from the UK, EU and a few other countries	No international clients at the moment No joint accounts
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
Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.	Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.
📍 Year Founded
2009	2017
💳 Minimum Deposit Range
$10	0
💰 Payment Methods
Visa Mastercard JCB AstroPay Skrill Neteller Perfect Money AdvCash NganLuong Wallet Bank transfers (SEPA, local and several options per country)	Visa Mastercard Bank Transfer Neteller Skrill
💵 Account Base Currencies
4 - USD, EUR, CNY, GOLD.	1 - 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.	European Union, UK, CA, JP, IN, IR, MY, ZA, AU.
📊 STP Account
Yes	No
📊 DMA Account
No	Yes
📊 ECN Account
Yes	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	Equities
Total Asset Offering
13,206	12,420
Exchange Access
0	5
📙 Real Stocks
0	10,000
📙 Stock CFDs
12,000	0
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
40	0
📗 Commodities
0	0
📗 Commodities CFDs
100	0
📕 Indices
0	0
📕 Indices CFDs
50	0
📔 ETFs
0	2,400
📔 ETFs CFDs
1,000	0
💸 Cryptocurrencies
0	20
💸 Cryptocurrency CFDs
16	0
📒 Bonds
0	0
📒 Bonds CFDs
0	0
📓 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)	$5 trade value
📉 Minimum ETFs Trade Size
$1,000 (0.01 Lots)	$5 trade value
📈 Minimum Crypto Trade Size
$1,000 (0.01 Lots)	Varies per cryptocurrency
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	Unavailable
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots)	Unavailable
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
2000	4
💪 Professional Leverage
Unavailable	Unavailable
✍ Customisable Leverage
Yes	No
🎲 Deleveraged Trading
No	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	No
📺 MetaTrader 5
Yes	No
📺 cTrader
No	No
💻 Web trader
Yes	No
💻 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	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).	None
Spreads
📈 EUR/USD
Dynamic - From 0 to 1.4 Pips	Unavailable
📉 SP500
Dynamic - Market Spread	Unavailable
📈 GOLD
Dynamic - From 17 Pips	Unavailable
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - Market spread
📈 XLK (ETF - CFD)
Dynamic - Market Spread	Dynamic - Market spread
📉 BTC
Dynamic - From $220	Unavailable
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	Yes
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	Yes
📡 Reuters Feed
No	No
📡 Educational Content
No	No
📡 Live Chat Support
No	Yes
📡 Video Tutorials
No	No
📡 Account Management
No	No
📡 Webinars
No	No