AvaTrade vs RoboForex (RoboMarkets) 2024

AvaTrade is not publicly-traded and does not operate a bank. AvaTrade is authorised by four Tier-1 regulators (Highly Trusted), three Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk). AvaTrade is authorised by the following Tier-1 regulators: Australian Securities & Investment Commission (ASIC), the Japanese Financial Services Authority (JFSA), the Canadian Investment Regulatory Organization (CIRO) via Friedberg Direct, and regulated in the European Union via the MiFID passporting system.

RoboForex is not publicly traded and does not operate a bank. RoboForex is authorised by one Tier-1 regulator (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and two Tier-4 regulators (High Risk). RoboForex is authorised by the following Tier-1 regulator: Regulated in the European Union via the MiFID passporting system.

AvaTrade is a trusted global brand best known for offering an extensive selection of trading platforms for forex and CFD traders, as well as exceptional educational content that helped it nab Best in Class honors for Beginners in the ForexBrokers.com 2024 Annual Awards.

RoboForex (RoboMarkets in the EU) has amassed 12,000 symbols that you can trade across its MetaTrader and cTrader platforms, as well as a stock trading app. That said, with just a few regulatory licenses, the RoboForex and its RoboMarkets brands trail behind the best forex brokers when it comes to their Trust Score.

To open a trading account with AvaTrade, you'll need to make an initial minimum deposit of $100.

RoboForex (RoboMarkets) requires a minimum deposit of $100 before you can open an account and start trading.

It's important to make sure that your forex broker accepts the funding options and deposit methods that work best for you. Both AvaTrade and RoboForex (RoboMarkets) offer Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), PayPal (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw).

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker's commissions and fees, we found that AvaTrade offers better pricing overall for traders.

Methodology: When testing each broker's commissions, fees, and pricing, we analyze multiple trade scenarios and award points based on the expansiveness (or inexpensiveness) of the broker's spreads. We then run multiple scenarios for different investor types, incorporating any miscellaneous fees, to determine an "all-in" cost per trade. Learn more about how we test.

At ForexBrokers.com, we track over 110 international regulatory agencies and sort them by tiers (Tier-1, Tier-2, Tier-3, Tier-4, and Tier-5) to help you choose well-regulated, highly trusted forex brokers. Learn more about our proprietary Trust Score rating system. Based on our research on the regulatory status of over 60 brokers, we've found that AvaTrade holds 4 global Tier-1 licenses, while RoboForex (RoboMarkets) holds 1. AvaTrade holds 3 global Tier-2 licenses, while RoboForex (RoboMarkets) holds 0.

After evaluating each broker based on their number of held licenses, years in business, and a range of other data-driven variables, we've determined that AvaTrade (94) earned a higher Trust Score than RoboForex (RoboMarkets) (73).

To compare the trading platforms of both AvaTrade and RoboForex (RoboMarkets), we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, AvaTrade offers a better experience. With research, AvaTrade offers superior market research. Finally, we found AvaTrade to provide better mobile trading apps.

Here’s what trading platforms are available at AvaTrade:

• Proprietary Platform - Yes
• Web Platform - Yes
• cTrader - No
• DupliTrade - Yes
• MT4 - Yes
• MT5 - Yes
• ZuluTrade - Yes
• TradingView - No

Here’s what trading platforms are available at RoboForex (RoboMarkets):

• Proprietary Platform - No
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - Yes
• MT5 - Yes
• ZuluTrade - No
• TradingView - Yes

The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. Both AvaTrade and RoboForex (RoboMarkets) offer MetaTrader 4 (MT4). Forex traders also appreciate the ability to engage in social copy trading. AvaTrade and RoboForex (RoboMarkets) both offer copy trading.

AvaTrade provides traders 55 currency pairs (e.g., EUR/USD) compared to RoboForex (RoboMarkets)'s 28 available pairs. If you are interested in trading a full range of securities, RoboForex (RoboMarkets) offers traders access to 8400 tradeable symbols, while AvaTrade offers access to 1260 tradeable symbols; so RoboForex (RoboMarkets) offers 7140 more tradeable symbols than AvaTrade.

We found in our testing that RoboForex (RoboMarkets) offers a more diverse selection of investment options than AvaTrade, allowing you to trade Forex Trading (Spot or CFDs), U.S. Stocks (CFD), Cryptocurrency (Derivative), Social Trading / Copy Trading and Spread Betting. Neither have Int'l Stock Trading (Non CFD) and Cryptocurrency (Physical).