IFC Markets vs Roboforex Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of IFC Markets and Roboforex
| Broker | IFC Markets | Roboforex |
|---|---|---|
| Rating | 4.3/5 | 4.4/5 |
| Foundation Year | 2005 | 2009 |
| Regulated in Countries | British Virgin Islands, Malaysia | Belize |
| Minimum Deposit |
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| Spread | from 0.4 points | from 0 points |
| Max Leverage | 1:400 | 1:2000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | IFC Markets Review | Roboforex Review |
IFC Markets is suitable for traders looking for various trading instruments and platforms but may not be ideal for those who require an ECN account.
Roboforex is suitable for both beginners and professional traders, thanks to its impeccable reputation, reliability, and fair conditions.
IFC Markets Review
IFC Markets is a reliable and licensed broker, offering a broad spectrum of trading instruments and platforms for investors of various experience levels. With multilingual support and extensive educational resources, the company aims to provide its clients with a comfortable and efficient trading environment.
IFC Markets could be a suitable choice for investors seeking a variety of trading instruments and platforms.
Pros and Cons of IFC Markets
Pros
- A wide range of trading assets.
- Variety of trading platforms.
- Educational materials for traders of all experience levels.
- Tools for creating synthetic tools are available.
Cons
- High swaps.
IFC Markets is in the top 10 of the following ratings:
Roboforex Review
RoboForex is recognized as one of the few Forex brokers with an impeccable reputation. The company strictly adheres to its regulations, does not delay payments, and provides fair quotes. RoboForex can be a good choice for both novice and professional traders due to its robust offerings, which include a variety of trading instruments, account types, platforms, and competitive trading conditions. The broker's commitment to transparency and customer service further solidifies its standing in the Forex community.
Pros and Cons of Roboforex
Pros
- A variety of trading platforms.
- Over 12,000 trading assets.
- Different types of trading accounts.
- Competent 24/7 customer support.
- Loyalty programs and bonus offers for clients.
- Low spreads and fees.
Cons
- Regulation in an offshore jurisdiction.
- Beginner traders may find a lack of educational materials.
Roboforex is in the top 10 of the following ratings:
Reliability
| Broker | IFC Markets | Roboforex |
|---|---|---|
| Reliability | 4.2/5 | 3.6/5 |
| Foundation Year | 2005 | 2009 |
| Regulated in Countries | British Virgin Islands, Malaysia | Belize |
| Regulators | BVIFSC BVIFSC LFSA LFSA | BFSC BFSC |
IFC Markets
The broker demonstrates high reliability, confirmed by multi-jurisdictional regulation and professional indemnity insurance.
Pros
- Multi-jurisdictional regulation.
- Insurance against professional liability.
Cons
- Lack of regulation in countries with stricter requirements.
Roboforex
RoboForex, as a regulated broker, offers a high degree of client protection and compliance with standards.
Pros
- Regulated by the Financial Services Commission (FSC).
- Participation in The Financial Commission's Compensation Fund.
- Civil Liability Insurance Program in place.
Cons
- Lacks oversight from stricter regulators such as the FCA, ASIC or CFTC.
Account Opening
| Broker | IFC Markets | Roboforex |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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IFC Markets
Opening an account with IFC Markets is relatively simple and convenient.
Roboforex
Registration on the RoboForex website is quick and uncomplicated. A notable advantage is the option to select the type of account right at registration, which is beneficial for those who already know they want to trade on a live account.
Account Types
| Broker | IFC Markets | Roboforex |
|---|---|---|
| Account Types | 4.3/5 | 4.8/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.4 points | from 0 points |
| Max Leverage | 1:400 | 1:2000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
IFC Markets
IFC Markets offers a good selection of accounts that meet the requirements of various categories of traders, though there are some limitations.
Pros
- A wide selection of trading accounts.
- Swap-free accounts for Islamic traders.
- PAMM accounts available.
Cons
- Absence of STP and ECN accounts.
Roboforex
RoboForex accounts offer sufficiently diverse trading conditions to meet the needs of various trader categories, from beginners to professionals who prefer investing.
Pros
- Availability of ECN and cent accounts
- Access to VPS
- Regularly held contests
Cons
- Lack of fixed spread accounts
Commissions
| Broker | IFC Markets | Roboforex |
|---|---|---|
| Commissions | 3/5 | 3.7/5 |
| Spread | from 0.4 points | from 0 points |
| Average Spread (EURUSD) | 1.4 | 1.4 |
| Commission per Lot | $2.16 |
IFC Markets
IFC Markets offers competitive spreads, but high swaps can make long-term trading difficult.
Roboforex
RoboForex boasts relatively low commissions, potentially appealing to a broad spectrum of traders.
Pros
- Low trading fees
- No inactivity fee
- No withdrawal fee
Cons
- High swaps.
Deposit and Withdrawal
| Broker | IFC Markets | Roboforex |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
| Account Funding Methods |
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IFC Markets
IFC Markets provides numerous methods for depositing and withdrawing funds without additional commissions, ensuring convenience and savings for traders.
Pros
- Wide choice of deposit and withdrawal methods.
- No broker commissions on financial transactions.
Cons
- Withdrawals can only be made through the same method as deposits.
- Withdrawal requests may take up to 2 business days to process.
Roboforex
A wide array of deposit and withdrawal methods, including bank transfers, credit cards, and electronic wallets, makes the process of funding and cashing out convenient and flexible for traders.
Pros
- Extensive deposit and withdrawal options
- No deposit and withdrawal fees
- Broker covers payment system commissions twice a month
Markets and Products
| Broker | IFC Markets | Roboforex |
|---|---|---|
| Markets and Products | 5/5 | 5/5 |
| Forex | 53 | 33 |
| Precious Metals | 7 | 5 |
| Energy Carriers | 4 | 2 |
| Soft Commodities | 16 | 4 |
| Indices | 12 | 12 |
| Stocks | 461 | 8400 |
| ETF | 4 | 19 |
| Cryptocurrency | 14 | - |
IFC Markets
IFC Markets offers extensive financial instruments, providing flexibility for traders' diverse strategies.
Roboforex
RoboForex offers an extensive range of trading instruments, with over 12,000 options available, impressively catering to traders' diverse needs. Traders have access to classic Forex instruments, CFDs, and even real stocks.
Trading Platforms
| Broker | IFC Markets | Roboforex |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Trading Platforms |
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IFC Markets
The IFCM platforms include MT4, MT5, and the proprietary NetTradeX terminal, offering a broad selection with advanced features.
Roboforex
One of RoboForex's trump cards is the variety of trading platforms. With so many options, it can sometimes be challenging for a beginner to choose.
Analytics
| Broker | IFC Markets | Roboforex |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
IFC Markets
IFCM provides a comprehensive analytical toolkit but lacks automated updates for economic news and some tools for self-analysis.
Roboforex
RoboForex provides extensive analytical tools and materials, including an analytics center, market forecasts, an economic calendar, and a trading calculator.
Education
| Broker | IFC Markets | Roboforex |
|---|---|---|
| Rating | 5/5 | 3.5/5 |
IFC Markets
The wealth and quality of educational resources presented by IFCM set the broker apart from competitors.
Roboforex
Despite some educational materials such as webinars, videos, and FAQ lists, it seems that RoboForex lacks some vital educational resources.
Pros
- Availability of webinars and video tutorials
Cons
- Lack of courses, seminars, and extensive articles
Customer Support
| Broker | IFC Markets | Roboforex |
|---|---|---|
| Rating | 4.5/5 | 4.7/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Skype
Telegram
Whatsapp
Messenger
Facebook
Instagram
Twitter
LinkedIn
YouTube
ViberIFC Markets
Customers highly rate the technical support of IFC Markets for its rapid and professional service, though it is unavailable 24/7.
Roboforex
RoboForex offers several communication methods, including online chat, email, and phone. The 24/7 online chat is convenient for clients in different time zones.
Pros
- Multiple support communication channels
- 24/7 customer support
- Telegram bot available
Cons
- Only international phone calls available
