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  3. EXNESS vs RoboForex – Compare brokers, review spreads, costs, commissions regulations

EXNESS vs RoboForex

In the table above we compare FX Broker EXNESS vs FX BrokerRoboForex .This is a very important step before starting to trade on the currency markets as by choosing the wrong broker could get you stuck or even put of trading in the currency markets.
Five major things to look out for are:

1. Compare Regulations: EXNESS vs RoboForex
Is Broker RoboForex regulated or is Broker RoboForex regulated?
Compare EXNESS vs RoboForex and find out who is regulated and where.
In the event EXNESS or RoboForex goes bankrupt, the different regulators can help you recover sums up to 100,000 USD. Obviously this depends on who regulates EXNESS, and who regulates RoboForex

2. Compare Account types: EXNESS vs RoboForex
Every body has different needs, who is looking for an ECN forex account and who is simply looking for a market maker. Compare EXNESS vs RoboForex in the table above and find out what type of accounts do they offer (DMA-STP, ECN-STP, STP, Market maker), what leverage they offer(between 1:100 and 1:2000), do your forex strategies require a Metatrader 4(MT4), do you need a demo account, have you downloaded an EA and would like to test it on EXNESS’s demo account or RoboForex ‘s demo account? Do you neem direct market access or need to access EXNESS’s API or RoboForex’s API?
What initial deposit is EXNESS asking for and what initial deposit is RoboForex asking for?

3. Currency Pairs Offered
Do you trade the usual currency pairs or do you need a greater number of exotic currencies, compare EXNESS vs RoboForex and see who offer more or less currency pairs.

4. Customer Service
One of the most important aspects is EXNESS’s customer service vs RoboForex’s customer service. As if you have an issue you would like to speak or chat to someone immediately.

5. Trading Platform
The trading platform is also extremely important as you will spend a lot of time on EXNESS’s FX trading platform or RoboForex’s currency trading platform. try different platforms top see which one you like, the most popular on the forex market is MT4 or Metatrader 4, but there are many other platforms like Metatrader4 ECN, MT5 or Currenex. Compare EXNESS vs RoboForex and see who offers 4 digits or 5 digits pricing, which of the two allows experts advisors on the MT4.
Not to forget to compare EXNESS’s fees vs RoboForex ‘s fees.
For those that a different style of trading, compare EXNESS vs RoboForex to see who offers, Mirror Trader, ZuluTrade, or Signal Trader

If you would like to trade with your IOs or windows mobile platform compare EXNESS vs RoboForex and see who offers a platform for your apple, android or tablet and where to download the app to FX trade with either EXNESS or RoboForex

For any further questions feel free to comment below. If you would like to leave a review of EXNESS or review RoboForex, feel free to do so too.

 

 

Product Name

EXNESS

RoboForex

Product Image EXNESS RoboForex
Price
Our Rating 5.0 5.0
Brand FX Brokers FX Brokers
Category Forex Broker Forex Broker

Broker

EXNESSRoboForex
Broker Type DMA/STP DMA/STP
Broker Country Cyprus New Zealand
Regulation CySEC, IFSC Belize CySEC, IFSC Belize
Indipendant Broker Independent broker Independent broker.
Year in Industry 2008 2010
International Offices StVincent and Grenadines Latvia

Account

EXNESSRoboForex
Accept US Clients Yes Yes
Mini account deposit $1 $1
Standard account deposit $2000 $1
ECN account deposit $300 $1
Trading account currency USD Account, EUR Account, GBP Account, JPY Account, NZD Account, RUB Account, PLN Account, SEK Account, TRY Account, ZAR Account, TWD Account, SGD Account, XAG Account, XAU Account USD Account, EUR Account
Leverage Account 2000 : 1 Mini account 1000 : 1 Mini account
Minimal size lot 0.01 lot Mini account 0.01 lot
Leverage Mini account Mini Account, Standard Account, ECN Account Mini Account, Standard Account, ECN Account

Payments

EXNESSRoboForex
Funding method Bank Wire, Credit Card, Skrill, WebMoney, Neteller, CashU, Perfect Money, DineroMail, EXCARD, PagoEfectivo Bank Wire, Credit Card, Debit Card, WebMoney, PayPal, Skrill, Neteller, CashU, AliPay, China UnionPay, QIWI, FasaPay, AstroPay, Paysafecard, Yandex Money, Boleto, Todito Cash, DineroMail, Euteller
Withdrawal method Bank Wire, Credit Card, Skrill, WebMoney, Neteller, CashU, Perfect Money, DineroMail, EXCARD, PagoEfectivo Bank Wire, Credit Card, Debit Card, WebMoney, PayPal, Skrill, Neteller, CashU, AliPay, China UnionPay, Paysafecard, Yandex Money, QIWI, Neosurf, POLi, AstroPay, Western Union

Costs

EXNESSRoboForex
Commissions no - Mini & Standard account yes & no
Costs & Spreads variable variable
Costs/Lowest spreads on EURUSD 0.2 pips Mini account 0 pips

Trading

EXNESSRoboForex
Premium trading Spreads EURUSD from 0.1 pip no
Scalping yes yes
Hedging
EAs allowed yes yes

Platform

EXNESSRoboForex
Trading platform type MT5 Desktop/iOS/Android, MT4 (ECN), MT4 Desktop/iOS/Android MT5 (ECN) Live, MT4 (ECN), MT4 Desktop/Web/Mobile/iOS/Android, cTrader, CopyFX
Platform time zone GMT CET (GMT+1)
Decimal pricing 5 digits 4 digits ,5 digits
Trailing stops Trailing Stoploss Trailing Stoploss
OCO orders No OCO orders OCO orders
One click One click trading One click trading
Mobile trading
Webtrading
API Solutions

Products

EXNESSRoboForex
Currency pairs 114 fx pairs (90+ exotic) 48 fx pairs (+exotic)
Exotic Pairs Exotic Forex Pairs Exotic Forex Pairs
Gold Silver Gold, Silver Gold, Silver
CFD Trading CFD trading CFD trading
Other instruments Energies Shares, Futures, Commodities, Energies

Other

EXNESSRoboForex
MAM PAMM LAMM MAM MAM
Managed Accounts No No
Swap free accounts Yes Yes
Segregated client accounts

Promotions and Offers

EXNESSRoboForex
Bonuses (T&Cs apply) Yes Yes
Contests Yes Yes