RoboForex vs Crypto.com

RoboForex vs Crypto.com Comparison Table 2024
RoboForex	Crypto.com
Review 4.5	Review 3 Crypto.com is #29 in our crypto broker rankings.
Traders from US not accepted See available CFD brokers	Traders from US accepted
RoboForex is an online broker, established in 2009 and registered with the IFSC in Belize. Traders can choose from five accounts (Prime, ECN, R StocksTrader, ProCent, Pro) catering to different needs with trades from 0.01 lots and spreads from 0 pips. RoboForex has also enhanced its offering over the years, adding CFD instruments and launching its stock trading platform, plus the CopyFX system.	Crypto.com is one of the biggest names in cryptocurrency trading, developed with the aim to expedite the world's transition to DeFi technologies. The crypto exchange offers token lending, pre-paid cards, NFTs and more. The firm was established in Germany in 2016 and its quality is proven by its 10 million active users.
RoboForex Ltd and its affiliates do not target EU/EEA/UK clients. Please be aware that you are able to receive investment services from a third-country firm at your own exclusive initiative only, taking all the risks involved.
Customer Reviews
3.5 Based on 2 RoboForex customer reviews
Bonus Offer
$30 No Deposit Bonus
Promotions
RoboForex Is Topping Up Accounts By Up To 10% Kickstart Your RoboForex Trading Journey With A $30 Welcome Bonus
Comment by Reviewer
"RoboForex is great if you want a vast range of 12,000+ day trading markets with ECN accounts, powerful charting and loyalty promotions. It also stands out for stock traders with its user-friendly R StocksTrader platform, featuring 3,000+ shares, fees from $0.01 and sophisticated watchlists."	"Crypto.com is good for retail investors that want to speculate on the crypto markets with the security of an established and reputable exchange."
Pros
RoboForex is known for its tight spreads starting from 0 pips and low minimum deposits from $10, making it accessible to those on a budget. The ability to trade with micro lots further lowers the barrier to entry for new traders. The broker offers leverage up to 1:2000 for certain account types, which is among the highest in the industry. This high leverage allows day traders to maximize their trading potential, albeit with a corresponding increase in risk. The R Stocks Trader platform rivals leading solutions like MT4, with netting and hedging capabilities, comprehensive backtesting, Level II pricing, and a flexible workspace. RoboForex offers over 12,000 instruments, providing more short-term trading opportunities than the vast majority of online brokers, with forex, stocks, indices, ETFs, commodities, and futures. The broker offers two commission-free withdrawals each month in the Free Funds Withdrawal program, helping day traders to minimize transaction costs.	Strong security measures with no historical reports of hacking incidents Low fees vs other established exchange platforms, including Coinbase Live status updates impacting access to app and exchange services Various ways to earn crypto coins or interest Visa card with cashback rewards
Cons
Despite 15+ years in the industry and registering with the Financial Commission, RoboForex is authorized by one ‘Red-Tier’ regulator – the IFSC in Belize, lowering the level of regulatory protections for traders. While RoboForex offers competitive spreads, some of its account types come with high trading commissions up to $20 per lot, trailing the cheapest brokers, such as IC Markets. RoboForex now restricts base currency options to USD and EUR. This limitation may inconvenience day traders preferring to manage their accounts in other currencies, while potentially leading to conversion fees. RoboForex provides a variety of account types, which, while offering flexibility, can be overwhelming for newer traders trying to choose the most suitable option for their trading style. Alternatives, notably eToro, provide a smoother entry into online trading with one retail account. Despite offering a range of platforms, RoboForex still doesn't support the increasingly popular cTrader. This might deter traders who prefer this specific platform for their day trading activities and is available at firms like Fusion Markets.	Customer service is below-average with delayed help times when answering questions Not all features or coins are available to all locations due to local regulations Lack of educational resources, blog-style research or YouTube tutorial content The advanced trading platform is less suitable for beginners
Awards
Best Multi Asset Trading Platform 2023 - Global Brands Magazine Awards Best Trading Conditions 2023 - International Business Magazine Awards Best Mobile Trading App 2022 - GF Awards B2B Most Trusted Broker 2022 - International Business Magazine Awards Best Investment Products 2021 - Global Brands Magazine Awards Best Global Mobile Trading App 2020 - Global Forex Awards B2B Best Broker of the CIS 2019 - IAFT Awards Best Investment Products 2019 - Global Brands Magazine
Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures	Cryptos
Demo Account
Yes	No
Minimum Deposit
$10	$0
Trading Platforms
R StocksTrader MT4 MT5 TradingView	Own
Payment Methods
Volet Alipay AstroPay Cashu ecoPayz Giropay iDeal MoneyGram Neteller Perfect Money POLi Rapid Transfer SafeCharge Skrill Sofort Trustly Vietcombank Transfer Visa WeChat Pay Wire Transfer	Bitcoin Payments Ethereum Payments TransferWise Visa
Minimum Trade
0.01 Lots	0.0003 BTC
Regulator
IFSC
Margin Trading
Yes	Yes
STP Account
Yes	No
ECN Account
Yes	No
DMA Account
No	No
MAM Account
Yes	No
PAMM Account
No	No
LAMM Account
Yes	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	No
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
iOS & Android, R StocksTrader	iOS & Android
App Review
RoboForex continues to excel with its wide range of iOS and Android-friendly platforms to meet short-term trading needs, including MT4 and MT5. The R StocksTrader app performed particularly well during testing, with a vast selection of stocks and ETFs, portfolio analytics, customizable watchlists, an events tracker, plus a fast and dependable mobile trading environment. The only notable absence in the RoboForex offering is the increasingly popular cTrader app, that’s favored by many day traders.
Android App Rating
4.4
iOS App Rating
4.7
Auto Trading
Expert Advisors (EAs) on MetaTrader, Strategy Builder in R StocksTrader
Copy Trading
Yes	No
Copy Trading Platform
RoboForex’s CopyFX service is designed specifically for currency traders with flexible control over your funds. The ‘Rating’ view provides helpful metrics on master traders, notably profit/loss, maximum drawdown, balance and number of trades spanning time intervals from 1 week to 6 months. That said, the joining process and resources are convoluted, which may confuse newer investors, while the interface trails the smooth user experience provided by category leaders like eToro.
Social Trading
Yes	No
Trade Signals
Yes
VPS Hosting
Yes	No
Tournaments
No	No
Demo Competitions
Yes	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0
Islamic Account
Yes	No
Account Currencies
USD EUR
Stock Exchanges
Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index IBEX 35 Japan Exchange Group Nasdaq New York Stock Exchange S&P 500 SIX Swiss Exchange
Commodities
Cocoa Coffee Copper Corn Gold Natural Gas Nickel Oil Palladium Platinum Silver Soybeans Sugar Wheat
CFD Trading
RoboForex offers a growing suite of over 12,000 CFDs, encompassing forex, stocks, indices, commodities, futures and ETFs. With an initial deposit of $10 and micro lot trading through to very high leverage up to 1:2000, RoboForex caters to a broad range of derivative traders. On the downside, analysis reveals execution speeds of 1-3 seconds, noticeably slower than IC Markets at 0.35 seconds, and suboptimal for fast-paced strategies like scalping.	CFD trading not offered
Leverage
1:2000
GBPUSD Spread
0.4
Oil Spread
1.7
Stocks Spread
0.01
Forex Trading
RoboForex offers trading on 30+ currency pairs, trailing category leaders like Pepperstone with its 90+ forex assets. That said, the Prime and ECN accounts feature competitive average spreads of 0.1 pips on the EUR/USD. Additionally, with a minimum investment of $100, traders can utilize the CopyFX system to replicate the strategies of seasoned currency traders.	Forex trading not offered
GBPUSD Spread
0.4
EURUSD Spread
0.1
EURGBP Spread
0.4
Assets
30+
Cryptocurrency
Crypto trading not offered	Crypto.com provides access to more than 100 cryptocurrencies, including Bitcoin. All products can be purchased with leverage of up to 1:3 and trading fees follow an effective tiered commission structure.
Spread
Variable
Coins
No	BTC CRO ETH XRP LTC EOS XLM USDC ATOM LINK XTZ BCH VET ICX ADA ENJ ALGO KNC NEO DAI PAXG BAT COMP OMG MANA QTUM CELR MKR UNI YFI BAND EGLD WBTC AAVE DOT REN ONT LRC CRV ZIL GRT BNT KSM SKL NEAR SNX BAL STX DOGE UMA FLOW SAND ZRX FIL THETA ANKR MATIC CHZ OCEAN WAVES RLY STORJ HOT 1INCH OGN ONE KAVA CHR SUSHI SOL AVAX NKN VTHO RARI AUDIO RSR SHIB RLC SC CKB FORTH INJ CTSI MIR TRB TFUEL AXS NANO GTC AMP BOSON IQ LUNA RUNE SLP KEEP FET PENDLE EFI ETC HNT PLA CQT QUICK YGG MASK DERC ALICE
Crypto Lending
No	Yes
Crypto Mining
No	No
Crypto Staking
No	Yes
Auto Market Maker
No	No

Review	Review
RoboForex Ltd and its affiliates do not target EU/EEA/UK clients. Please be aware that you are able to receive investment services from a third-country firm at your own exclusive initiative only, taking all the risks involved.