Compare Vantage Markets Vs RoboForex: Which is the Better Forex Broker in 2023?
Vantage Markets 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 Vantage Markets Vs RoboForex, here is the direct comparison:
Compare | Vantage Markets | RoboForex |
General Rating |
4.51/5 |
3.65/5 |
Trustpilot |
3.7/5 1700 users |
2.8/5 234 users |
πΌ Regulation | ||
βInformation | Testimonials (9), News (25), Articles (19), Bonus (3), Promotions (1) | Testimonials (51), News (27), Bonus (5), Promotions (7), Contests (9) |
β Established | 2009 | 2009 |
π² Min Deposit | $200 | $10 |
β Max Leverage | 1:500 | 1:2000 |
π’ Spread | Fixed | Variable |
πΈ Commissions | $3 | $2 |
π‘ Min Position | 0.01 lot | 0.01 lot |
π³ Payment | Bank Wire, Credit Card, BPAY(Australia Only), POLi Payments, Neteller, Skrill (Moneybookers), JCB, China Union Pay, Fasapay, Broker to Broker and Cryptocurrency | AdvCash, AstroPay, Boleto BancΓ‘rio, Credit/debit cards, Local bank transfer, Neteller, Perfect Money, Skrill, UnionPay and Western Union |
π’ Office(s) |
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π§© 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 |
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π£ Website Languages | Afrikaans, Arabic, Cantonese, English, German, Greek, Hindi, Malay, Mandarin, Portuguese, Punjabi, Spanish, Romanian, Russian, Tamil | Arabic, Chinese, Croatian, Czech, English, Estonian, German, Hungarian, Indonesian, Italian, Latvian/Lettish, Malay, Polish, Portuguese, Russian, Spanish, Thai, Ukrainian, Vietnamese |
πͺ Trade Now | Open Vantage Markets | Open RoboForex |
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See More Vantage Markets Testimonials
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See More RoboForex Testimonials
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Vantage Markets Launches World Cup Craze Promotion
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RoboForex Becomes Main Sponsor of FC Cienciano
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RoboForex Earns Two Titles from Global Forex Awards 2022
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Vantage Markets Joins UNESCO New Delhi to Support Education India
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RoboForex Receives Best Multi Asset Trading Platform in LATAM Area
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Vantage Markets Won Three Categories at Global Forex Awards 2022
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RoboForex Offering USD1,200,000 to Celebrate 12th Anniversary
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RoboForex Receives Best Prime Trading Account (Global) Award
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RoboForex Adds More Updates on R StocksTrader
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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, Vantage Markets provides their pricing with Fixed spread while RoboForex offers Variable spread.
Vantage Markets 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, Vantage Markets enables trading with MetaTrader 4, MetaTrader 5, WebTrader, CHARTS by TradingView, Mobile Apps . The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, RoboForex provides trading with MetaTrader 4, MetaTrader 5, cTrader, R StockTrader with the support of One-click trading, Pending orders.
Is Vantage Markets 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, Vantage Markets supports trading with Forex, CFD, Oil, Indexes, while RoboForex presents the ability of trading with Forex, Gold & silver, CFD, Metals, Indexes, 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 Vantage Markets and RoboForex:
- Compare Vantage Markets vs Plus500
- Compare Vantage Markets vs FBS
- Compare Vantage Markets vs easyMarkets
- Compare RoboForex vs GOMarkets
- Compare RoboForex vs Tickmill
- Compare RoboForex vs FIBOGroup
For more comparisons, visit this page.