Compare Monex Investindo Futures Vs RoboForex: Which is the Better Forex Broker in 2024?
Monex Investindo Futures 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 Monex Investindo Futures Vs RoboForex, here is the direct comparison:
Compare | Monex Investindo Futures | RoboForex |
General Rating |
1.00/5 |
3.07/5 |
Score | ||
Trustpilot |
3.7/5 3 users |
4.2/5 409 users |
πΌ Regulation | ||
β Info | ||
β Established | 2000 | 2009 |
π² Min Deposit | Rp500,000 | $50 |
β Max Leverage | 1:100 | 1:400 |
π’ Spread | Variable | Variable |
πΈ Commissions | $20 | |
π‘ Min Position | 0.01 lot | 0.01 lot |
π³ Payment | Bank Transfer, Virtual Account, E-wallet (Linkaja, GoPay and OVO) | Skrill, Credit/debit cards, Neteller, UnionPay, Western Union, Perfect Money, Boleto BancΓ‘rio, Local bank transfer, AdvCash and AstroPay |
π’ Office(s) |
𧩠Demo Account | ||
π Segregated Account | ||
π Islamic Account | ||
π¨βπ» PAMM Account | ||
π Managed Account |
π± Hedging | ||
πΊπΈ US traders | ||
π Swaps |
π Trading contests | ||
β‘ Automated trading | ||
π° Bonus offers | ||
π Free education |
1οΈβ£ One-click trading | ||
β± Trailing stop | ||
β³ Pending orders |
Forex | ||
CFD | ||
Indexes | ||
Spread Betting | ||
Gold & Silver | ||
Crypto | ||
Stocks | ||
Oil | ||
Metals | ||
Energies | ||
Futures | ||
ETF | ||
Options | ||
Agriculture | ||
Indices | ||
Commodities | ||
Etf | ||
Bonds | ||
Stock | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
Silver | ||
Index | ||
Stocks 1:5 | ||
Physical Stock |
π£ Website Languages | English |
πͺ Trade Now | Open Monex Investindo Futures | Open RoboForex |
Compare Again
Testimonials
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Monex Investindo Futures: Just information, Monex is a local broker. All of you...
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Monex Investindo Futures: That's totally easy when doing registration on this broker. No...
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Monex Investindo Futures: Firstly, I doubt all of the local forex brokers, but...
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Monex Investindo Futures: For the local forex standard, I think Monex is suitable...
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Monex Investindo Futures: I don't have special trading experience with a local broker,...
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RoboForex: nice broker
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RoboForex: My experience with Roboforex has been quite satisfactory.
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RoboForex: good mobile app
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RoboForex: Decent broker
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RoboForex: satisfactory experience
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See More Monex Investindo Futures Testimonials
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See More RoboForex Testimonials
News
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Earn Passive Profits to 80% with RoboForex Infinity Program
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RoboForex Launches Commission Schemes for CopyFX Traders
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RoboForex Crowned the Best Partner Program Global 2023
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FCA Exposed RoboxFX as RoboForex Clone
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RoboForex Wins Best Copy Trading and Best Multi-Asset Trading in 2023
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RoboForex Awarded the Best Trading Conditions by IBM
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Win USD1 Million Through RoboForex Lucky Draw Promotion
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RoboForex Wins Best Mobile Trading App at Global Forex Awards
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RoboForex Introduces a Performance Fee for Copying Trades
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See More Related RoboForex News
Article
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RoboForex Mobile App: a Comprehensive Review for Traders
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How to Open Account in RoboForex
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How to Deposit and Withdraw in RoboForex
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1 Million USD from RoboForex: New Promotion for Partners
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Start Trading and Earn 60% Profit Share with RoboForex
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Get $30 to Trade with RoboForex Welcome Bonus
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See More Related RoboForex Article
Bonus
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RoboForex: 60% Tradable Profit Share Bonus
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RoboForex: VPS free
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RoboForex: NEW $30 NO DEPOSIT BONUS
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RoboForex: Receive up to 40% of Additional Payouts from RoboForex VIP Program
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RoboForex: 15% Cash - Back Rebate Service
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RoboForex: Up to 10% of Extra Funds on Account Balance
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RoboForex: Receive On Deposit Bonus up to 120%
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See More RoboForex Bonus
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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, Monex Investindo Futures provides their pricing with Variable spread while RoboForex offers Variable spread.
Monex Investindo Futures 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, Monex Investindo Futures enables trading with MetaTrader 4, MetaTrader 5, MIFX Mobile. The offer is supported with . In comparison, RoboForex provides trading with MetaTrader 4, MetaTrader 5, R StockTrader, Web, Social trading with the support of .
Is Monex Investindo Futures 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, Monex Investindo Futures supports trading with Forex, Gold, Silver, Oil, Index, while RoboForex presents the ability of trading with ETF, Energies, Indexes, Stocks, Oil, Gold & silver, Forex, Metals.
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 Monex Investindo Futures and RoboForex:
- Compare Monex Investindo Futures vs GOMarkets
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- Compare Monex Investindo Futures vs FIBOGroup
- Compare RoboForex vs FXTM
- Compare RoboForex vs LiteFinance
- Compare RoboForex vs Vantage Markets
For more comparisons, visit this page.