GOMarkets vs RoboForex: Which One is Better for You?


GOMarkets vs RoboForex, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between GOMarkets vs RoboForex, here is the direct comparison:

Feature
Go to GOMarkets

Go to RoboForex

Rating

General Rating 4.12/5
3.65/5
Trustpilot 4.6/5

rated by 36 users
2.6/5

rated by 97 users

General Information

Office(s) Australia and Netherlands Belize, China, Czech Republic, Egypt, Hong Kong, Indonesia, Latvia, Lithuania, Malaysia, Moldova (Republic of), New Zealand, Romania, Russian Federation, Taiwan, Thailand and United Kingdom
Regulation ASIC ACN081864039
CySEC, 322/17
DMCC (Dubai), 18.07.2020
IFSC (Belize) 000138/210
Established 2008 2009
Minimum Deposit $200 $10
Maximum Leverage 1:500 1:2000
Spread Variable Variable
Commissions $3 $2
Minimum Position 0.001 lot 0.01 lot
Payment BPAY, Credit/debit cards, FasaPay, Neteller, PayPal, Skrill and Wire transfer Boleto Bancário, CashU, Credit/debit cards, ecoPayz, giropay, iDEAL, Liqpay, Neteller, Perfect Money, Skrill, SOFORT and UnionPay
Official Website Visit GOMarkets Visit RoboForex

Account Variations

Segregated Account
Islamic Account
PAMM Account
Managed Account
LAMM Account
MAM Account
Forex Demo Account

Trading Requirements

Hedging
US traders are welcome
Requires sending documents via postal mail
Overnight interest rates (swaps)
Trading by telephone

Trading Features

Trading contests
Automated trading
Interest rate on funds
Bonus offers
Free education
Personal manager
Affiliate program

Trading Platforms and Complements

Mobile trading
Browser-based platform
Trading via API
One-click trading
Trailing stop
Pending orders
One-Cancels-Other (OCO) orders

Instruments Traded

Forex
CFD
Indexes
Spread betting
Gold & silver
Cryptocurrencies
Stocks
Binary options
Oil
Metals
Energies
Futures
ETF
Soft commodities
Options
Agriculture
Bonds

Customer Support

Website Languages Chinese, English Arabic, English, German, Indonesian, Italian, Malay, Polish, Portuguese, Russian, Spanish, Thai, Ukrainian
Email Support
Call Support
Chat Support

Reviews

General Review Read GOMarkets Review Read RoboForex Review
User Reviews -

Manager RF

Jun 21 2021

Dear Lag,

 

kindly help us to understand your problem, please contact our Live Support via a ticket from your Members Area and we'll give you a more detailed answer.

 

Regards,

RoboForex


Lag

Jun 21 2021

One-click order not showing on the chart

I have a strange issue with the single click buy and sell order on the mt4 chart since I have updated the mt4.


Manager RF

Jun 21 2021

Dear Ethereum,

You can familiarize yourself with the all current and available methods for deposits and withdrawals in your Personal Account. In case you have any further questions kindly write them to our 24/7 Live Support. We’ll be very happy to help you!

 

Regards,

RoboForex


Ethereum

Jun 21 2021

Can I withdraw Ethereum Wallet?


Manager RF

Jun 21 2021

Dear Hiuis,

The Client has the right to deposit their trading account and withdraw funds only using the payment systems available in Members Area. If there is no sufficient trading volume on the trading account, withdrawals shall be made only to those payment systems, which are used to deposit this trading account. You can receive more detailed information by contacting our Live Support.

Regards,
RoboForex


Hiuis

Jun 21 2021

Can I add funds thru PM and withdraw in WebMoney?


Manager RF

Jun 21 2021

Dear Clients,

RoboForex makes every effort to provide comfortable conditions for its clients. In case, you have any questions relating to cooperation with our Company, please contact our 24/7 Live Support. We will be happy to help!

Regards,
RoboForex


Michael

Jun 21 2021

So problem is that I am using 3g but the connectivity is enough to fulfill an order or not?


wick

Jun 14 2021

Your company does not offer good service.


Roy94 Davidson

Sep 2 2020

Spreads can change when your profits have accumulated. This broker is unbelievable I tell you. When I just opened an account their spreads from WTI were only 5-6 pips. But when my balance gained 100% profit, the spread changed permanently to 11-12 pips.


Amira

Aug 15 2020

This broker freezes my chart a lot, especially when my positions are about to hit the profit targets. When requested for a callback, they never respond to me, and that is the last straw for me


Rudy Malkins

Aug 11 2020

Although having good execution, sometimes there are brief network outages and it can alter the previous p/l...

Maybe it's because they need to compensate for the bonus deposits they'd have given...

Recently, roboforex isn't that solid and consistent anymore...

There's a feeling that your trades are being manipulated in the background... It's better to keep one's eyes off of them


Jesse

Jul 22 2020

I love most to Roboforex's demo account. They offer ECN to fixed spread demo account. This can be useful for novices like me as well!


Hailey Puery

Jul 22 2020

I keep looking for forex brokers for almost two years. Finally I found Roboforex and decided to trade on them. Their website display is simple, plus the deposit and withdrawal process is very fast!


Austin

Jul 22 2020

I've been trading for 4years at Robo and had no problems. Their best services are:

- fast withdrawal process

- well regulated

- RoboForex is much better than other brokers

I strongly suggest you to join this broker. Everything feels good!


C. Carson

Jul 22 2020

My first trading experience at RoboFX was joining their trading contest for demo account. Surprisingly, I won KingSize MT4 contest three times! Their withdrawal process is also quite good and fast. I do a withdrawal for USD10 by Fasapay, and it's sent to my bank account within 21 seconds only! What a great broker!


Start Trading

Open Real Account Open GOMarkets Real Account Open RoboForex Real Account




Which one has the better spread?

Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.

However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, GOMarkets provides their pricing with Variable while RoboForex offers Variable.



GOMarkets vs RoboForex: Who hosts the best trading platform?

The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.

To support their clients, GOMarkets enables trading with MetaTrader 4 (Limited with 30 days), MetaTrader 5 (Limited with 30 days). The offer is supported with Mobile trading, One-click trading, Trailing stop, Pending orders. In comparison, RoboForex provides trading with MetaTrader 4, MetaTrader 5, cTrader, R Trader with the support of Mobile trading, Browser-based platform, Trading via API, One-click trading, Trailing stop, Pending orders.



Is GOMarkets or RoboForex better in providing the trading instruments?

It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.

In this case, GOMarkets supports trading with Forex, Gold & silver, Cryptocurrencies, while RoboForex presents the ability of trading with Forex, Gold & silver, CFD, Metals, Stocks, ETF.

In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.

Looking for more references? Here are other comparisons related to GOMarkets and RoboForex:

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