Orbex vs Roboforex Comparison
Compare trading conditions, commissions and platforms of Forex brokers Orbex and Roboforex. Find out which broker is best for you.
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - Orbex or Roboforex?
Key differences between the brokers
Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.
Orbex
- Minimum deposit · USD
- 100 USD
- Different platforms
- None listed
- Different markets
- Cryptocurrency
Roboforex
- Minimum deposit · USD
- 10 USD
- Different platforms
- R WebTrader
- R MobileTrader
- R StocksTrader
- Different markets
- ETF
Comparison Table of Orbex and Roboforex
Swipe the table left or right to view all data.
| Broker | Orbex | Roboforex |
|---|---|---|
| Foundation Year | 2010 | 2009 |
| Regulated in Countries | Mauritius, Seychelles, Saint Vincent and the Grenadines | Belize |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:500 | 1:2000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Orbex Review | Roboforex Review |
Orbex Review
Broker Orbex offers various trading instruments, account types, and extensive analytical and educational materials. These factors make it an attractive choice for novice traders seeking educational resources and experienced investors who require access to various markets.
Orbex can be a good choice for those looking for diversity in trading opportunities and value educational resources.
Pros and Cons of Orbex
Pros
- Extensive educational materials.
- Analytical reviews and forecasts from experienced analysts.
- Availability of PAMM accounts.
- A wide range of trading assets.
Cons
- Lack of stringent regulation.
- Above-average commissions.
- Mixed reviews about customer support.
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
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| Broker | Orbex | Roboforex |
|---|---|---|
| Reliability | 3/5 | 3.6/5 |
| Foundation Year | 2010 | 2009 |
| Regulated in Countries | Mauritius, Seychelles, Saint Vincent and the Grenadines | Belize |
| Regulators |
Orbex
Orbex is regulated by the FSA and FSC, but the absence of oversight by strict regulators may raise trust issues.
Pros
- Presence in the international market.
Cons
- Lack of oversight by strict Forex broker regulators.
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
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| Broker | Orbex | Roboforex |
|---|---|---|
| Account Opening | 4.5/5 | 5/5 |
| Minimum Deposit |
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Orbex
Opening an account with Orbex is simple and structured, but requires attention to detail.
Pros
- Easy online registration process.
- Fast verification if documents are in English.
Cons
- Requirement for detailed profile completion.
- Necessity to upload several documents.
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
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| Broker | Orbex | Roboforex |
|---|---|---|
| Account Types | 3.8/5 | 4.8/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:500 | 1:2000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Orbex
Orbex offers a variety of accounts that satisfy most traders.
Pros
- Wide selection of accounts for different levels of experience.
- Additional options such as VPS and PAMM accounts.
- Opportunity to trade without swaps.
Cons
- Absence of cent accounts.
- No accounts with fixed spreads.
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
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| Broker | Orbex | Roboforex |
|---|---|---|
| Commissions | 1.5/5 | 3.7/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.5 | 1.4 |
| Commission | per 1 lot$4.00 | per $1M turnover$20.00 |
Orbex
Orbex's commissions are higher than the market average.
Pros
- No commissions for depositing or withdrawing funds.
Cons
- High transaction commission on Premium accounts.
- Above-average swap costs.
- Inactivity fee.
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
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| Broker | Orbex | Roboforex |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Account Funding Methods |
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Orbex
Orbex offers convenient and fast methods for depositing and withdrawing without commissions.
Pros
- Wide selection of methods.
- No commissions.
- Fast processing of most operations.
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
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| Broker | Orbex | Roboforex |
|---|---|---|
| Markets and Products | 5/5 | 5/5 |
| Forex | 36 | 33 |
| Precious Metals | 4 | 5 |
| Energy Carriers | 1 | 2 |
| Soft Commodities | 3 | 4 |
| Indices | 5 | 12 |
| Stocks | 146 | 8400 |
| Cryptocurrency | 11 | - |
| ETF | - | 19 |
Orbex
Orbex offers a variety of markets and products with flexible leverage.
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
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| Broker | Orbex | Roboforex |
|---|---|---|
| Rating | 4/5 | 5/5 |
| Trading Platforms |
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Orbex
Orbex offers MT4 and MT5, providing good functionality and accessibility.
Pros
- Availability of MT4 and MT5.
- Accessibility on different devices.
- Wide range of functionalities.
Cons
- Lack of WebTrader versions.
- No alternative to MetaTrader.
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
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| Broker | Orbex | Roboforex |
|---|---|---|
| Rating | 5/5 | 5/5 |
Orbex
Orbex offers high-quality analytics with extensive tools and expert reports.
Pros
- Comprehensive market analysis.
- Use of AI and algorithms.
- Live streams and expert reports.
Roboforex
RoboForex provides extensive analytical tools and materials, including an analytics center, market forecasts, an economic calendar, and a trading calculator.
Education
Swipe the table left or right to view all data.
| Broker | Orbex | Roboforex |
|---|---|---|
| Rating | 4/5 | 3.5/5 |
Orbex
Orbex offers a variety of educational materials, including webinars and books.
Pros
- Webinars and seminars in different languages.
- Free e-books.
- Video tutorials on working with MT4.
Cons
- No personalized training.
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
Swipe the table left or right to view all data.
| Broker | Orbex | Roboforex |
|---|---|---|
| Rating | 3/5 | 4.7/5 |
| Email Support | ||
| Hotline Phones | ||
| Social Media |
Orbex
Orbex's customer support has mixed reviews.
Pros
- 24/7 operation.
- A variety of communication channels.
- Quick response in some cases.
Cons
- Variable quality of service.
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
Comparisons of Orbex and Roboforex with other brokers
Conclusion
When choosing between Roboforex and Orbex, match their platforms, markets, account types and funding terms to your needs.
Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.
FAQ
Which broker is better: Orbex or Roboforex?
Roboforex ranks higher than Orbex in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.
Which broker is better for beginners: Orbex or Roboforex?
Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.
Who has lower typical trading costs (spreads/commissions) — Orbex or Roboforex?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with Orbex and Roboforex?
Orbex: MetaTrader 4, MetaTrader 5. Roboforex: MetaTrader 5, MetaTrader 4, R WebTrader, R MobileTrader, R StocksTrader. See the “Platforms” section for details and selection tips.
What markets can you trade with Orbex and Roboforex?
Orbex: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, Cryptocurrency. Roboforex: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF. Full lists and differences are in the “Markets” section.
What account types are offered by Orbex and Roboforex?
Orbex: Starter, Premium, Ultimate. Roboforex: Pro, Pro-Cent, ECN, Prime, R StocksTrader. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by Orbex and Roboforex?
Orbex: Skrill, Neteller, FasaPay, Bank Transfer, Visa, Mastercard, Przelewy24. Roboforex: Online wallets, Bank Transfer, Credit and Debit Cards, Online banking. Check method-specific fees/settlement times.
Which broker is safer — Orbex or Roboforex — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
