Roboforex vs Vantage 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 Roboforex and Vantage
| Broker | Roboforex | Vantage |
|---|---|---|
| Rating | 4.4/5 | 4.5/5 |
| Foundation Year | 2009 | 2009 |
| Regulated in Countries | Belize | Vanuatu, Cayman Islands, Australia, United Kingdom, South Africa |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:2000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Roboforex Review | Vantage Review |
Roboforex is suitable for both beginners and professional traders, thanks to its impeccable reputation, reliability, and fair conditions.
Broker Vantage is suitable for intermediate and advanced traders looking for diversity in instruments and platforms.
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:
Vantage Review
Vantage broker offers various trading instruments and platforms, making it attractive for multiple traders. The availability of extensive analytical tools and educational materials can benefit novice traders looking to deepen their knowledge.
Vantage could be a good choice for intermediate and advanced traders seeking a variety of trading instruments and platforms.
Pros and Cons of Vantage
Pros
- Wide range of trading assets.
- Diversity of trading platforms.
- Free VPS.
- Extensive analytical tools.
Cons
- There are complaints about the quality of technical support in the reviews.
Vantage is in the top 10 of the following ratings:
Reliability
| Broker | Roboforex | Vantage |
|---|---|---|
| Reliability | 3.6/5 | 5/5 |
| Foundation Year | 2009 | 2009 |
| Regulated in Countries | Belize | Vanuatu, Cayman Islands, Australia, United Kingdom, South Africa |
| Regulators | BFSC BFSC | VFSC VFSC CIMA CIMA ASIC ASIC FCA FCA FSCA FSCA |
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.
Vantage
Vantage broker demonstrates high reliability due to strict regulation in different jurisdictions.
Account Opening
| Broker | Roboforex | Vantage |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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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.
Vantage
Opening an account with Vantage is quite simple and fast, with clear steps for registration and verification.
Pros
- Simple and fast registration.
- Clear verification requirements.
- Flexible options for minimum deposit.
Account Types
| Broker | Roboforex | Vantage |
|---|---|---|
| Account Types | 4.8/5 | 4.3/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:2000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
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
Vantage
Vantage offers a variety of accounts, satisfying most traders.
Pros
- Sufficient choice of accounts, including ECN.
- Copy-trading and social trading capabilities.
- Loyalty program for active traders.
Cons
- Lack of cent accounts.
- No accounts with fixed spreads.
Commissions
| Broker | Roboforex | Vantage |
|---|---|---|
| Commissions | 3.7/5 | 4/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.4 | 1.4 |
| Commission per Lot | $2.16 | $3 |
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.
Vantage
Vantage's commissions are average in the market with competitive spreads and swaps.
Pros
- No inactivity fee.
- No internal commissions for deposits/withdrawals.
Deposit and Withdrawal
| Broker | Roboforex | Vantage |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Account Funding Methods |
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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
Vantage
Vantage offers flexible funding and withdrawal methods with low commissions, but with some restrictions.
Pros
- Variety of currencies and methods.
- No internal commissions.
- Fast withdrawal process.
Cons
- Restrictions for some countries.
Markets and Products
| Broker | Roboforex | Vantage |
|---|---|---|
| Markets and Products | 5/5 | 4.6/5 |
| Forex | 33 | 35 |
| Precious Metals | 5 | 3 |
| Energy Carriers | 2 | 2 |
| Soft Commodities | 4 | 3 |
| Indices | 12 | 8 |
| Stocks | 8400 | 51 |
| ETF | 19 | 5 |
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.
Vantage
Vantage offers a variety of markets with flexible leverage, but without cryptocurrencies.
Pros
- Wide selection of instruments.
- High leverage up to 1:1000.
- Availability of ETFs and stock CFDs.
Cons
- No cryptocurrencies.
Trading Platforms
| Broker | Roboforex | Vantage |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Trading Platforms |
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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.
Vantage
Vantage offers a variety of functional trading platforms, meeting the needs of most traders.
Pros
- Wide range of platforms.
- Powerful tools for analysis and trading.
- Convenient mobile application.
Analytics
| Broker | Roboforex | Vantage |
|---|---|---|
| Rating | 5/5 | 5/5 |
Roboforex
RoboForex provides extensive analytical tools and materials, including an analytics center, market forecasts, an economic calendar, and a trading calculator.
Vantage
Vantage's analytics provide a wide range of tools suitable for different trading styles.
Pros
- Diversity of tools and services.
- Partnership with Trading Central for signals.
- Integration with MT4 and MT5 through Smart Trader Tools.
Education
| Broker | Roboforex | Vantage |
|---|---|---|
| Rating | 3.5/5 | 4/5 |
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
Vantage
Vantage's educational materials are diverse and high-quality.
Pros
- Wide range of materials (webinars, articles).
- Suitable for all levels.
- Relevant topics and analytics.
Cons
- Lack of video tutorials and podcasts.
- No personalized training.
Customer Support
| Broker | Roboforex | Vantage |
|---|---|---|
| Rating | 4.7/5 | 3/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Messenger
Telegram
Viber
Whatsapp
Skype
Twitter
Facebook
Instagram
LinkedIn
YouTubeRoboforex
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
Vantage
Vantage's support offers various communication channels, but the service quality is inconsistent.
Pros
- Multiple communication channels.
- Remote support via TeamViewer.
- 24/7 availability.
Cons
- Variable service quality.
- Negative reviews about speed and efficiency.
