Two brokers stand out on regulation, cost structure, and platform options, highlighting widely different approaches to trust and flexibility.
Plus500 and RoboForex are closely matched overall. The clearest differentiator is regulation, with Plus500 under top-tier authorities while RoboForex relies on offshore licensing.
Find out which broker best suits your trader profile.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
RoboForex offers tighter spreads from 0.00 pips vs 0.60 pips for Plus500, reducing trading costs.
| Editorial score | 4.0/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.2 / 5▲ | 3.6 / 5 |
Pros
LSE-listed providing strong institutional credibility
Zero commission on all trades
Intuitive proprietary platform with a clean mobile app
Negative balance protection across all accounts
Regulated by top-tier authorities (FCA, ASIC, CySEC)
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Plus500 | RoboForex |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Fail |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Fail |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Fail | Pass |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Pass |
| Multilingual support | Pass | Pass |
Plus500 and RoboForex share the same editorial score of 4/5. One concrete differentiator: RoboForex requires a lower minimum deposit.
RoboForex starts from 0 pips, tighter than Plus500's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
RoboForex has $10, while Plus500 requires at least $100. This makes RoboForex more accessible for traders with limited starting capital.
Plus500 holds top-tier regulation (FCA, ASIC, MAS), providing stronger investor protections. RoboForex may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
For beginners, two factors stand out: RoboForex requires a lower minimum deposit ($10), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Plus500 lists maximum leverage of 30:1, while RoboForex lists up to 2000:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
RoboForex charges $20 per lot on commission-based accounts. Commission details for Plus500 are not currently available. Check their website for up-to-date pricing.
Plus500 supports Proprietary Web/Mobile, while RoboForex supports cTrader, MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4. Both provide Proprietary Web/Mobile. RoboForex has exclusive access to cTrader and MetaTrader 5 and MetaTrader 4.
Plus500 wins for safety and regulation with top-tier authorities (FCA, ASIC, CySEC, MAS) and segregated client funds.
RoboForex wins for active traders with MT4/MT5, ECN options, and high leverage.
RoboForex is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
RoboForex wins for platform choice with MT4/MT5, cTrader, and R Trader.
Plus500 wins for beginners with an intuitive proprietary platform and a low minimum deposit.
RoboForex wins for instrument variety with 9400 instruments compared to 2000.
Fees & Spreads 30% weight | 4.0 / 5▲ | 3.9 / 5 |
|---|
Platforms & Tools 20% weight | 3.7 / 5 | 4.2 / 5▲ |
|---|
Customer Support 10% weight | 3.9 / 5 | 4.0 / 5▲ |
|---|
| Founded | 2008 | 2009 |
|---|
| Headquarters | Haifa, Israel | Belize City, Belize |
|---|
| Min Deposit | $100 | $10▼ lower |
|---|
| Spreads From | 0.6 pips | 0 pips▼ lower |
|---|
| Commission / lot | N/A | $20/lot |
|---|
| N/A | 2 pips |
| Max Leverage | 30:1▲ higher | 2,000:1 |
|---|
| Inactivity Fee | $10/month (after 3 months) | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardPayPalSkrillApple Pay | Bank transferCredit cardDebit cardSkrillNetellerWebMoneyPerfect MoneyCrypto |
|---|
| Withdrawal methods | Bank transferCredit cardPayPalSkrill | Bank transferCredit cardSkrillNetellerWebMoneyPerfect MoneyCrypto |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FCA ASIC MAS CySEC CMA | FSCA CySEC IFSC |
|---|
| Platforms | Proprietary Web/Mobile | cTrader MetaTrader 5 Proprietary Web/Mobile MetaTrader 4 |
|---|
| Active bonuses |
|---|
Client funds held in segregated accounts
Investor compensation scheme coverage
No deposit fees
Transparent pricing with clear cost disclosure
24/5 live chat support
Multilingual customer support
Pros
12,000+ instruments including real stocks and ETFs
cTrader available with full Level II and cAlgo
Multiple account types from Cent to ECN
R Trader proprietary platform with built-in analytics
Client funds held in segregated accounts
Negative balance protection
Raw spread account available
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Cons
No MT4 or MT5 support
Limited research tools and market analysis
US residents not accepted
No copy trading
No raw spread account option
Inactivity fee applies
No MetaTrader support
Limited charting capabilities
No phone support
Cons
Primary entity uses IFSC Belize, offshore, limited protection
ECN commission of $20 round-turn is higher than IC Markets ($7)
Very high leverage (2000:1) amplifies risk significantly
No top-tier regulatory licence
No investor compensation scheme
Dig deeper into each broker’s features, fees, and regulation.
Score 4 / 5
Score 4 / 5
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