Plus500 vs RoboForex Forex Broker Comparison
A head-to-head comparison of Plus500 and RoboForex across regulation, trading costs, platforms, and editorial scoring.
LSE-listed with zero commission, intuitive proprietary platform, and negative balance protection - though limited research and no MT4.
VS
IFSC Belize-regulated broker with a genuine ECN/STP execution model, multiple platform options including cTrader, and a broad 12,000+ instrument range that goes beyond most forex-focused competitors.
Our Verdict
Too close to call
Plus500 and RoboForex are extremely closely matched with scores of 4/5 and 4/5. The right choice depends on your individual trading priorities.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
RoboForex offers tighter spreads from 0 pips vs 0.6 pips for Plus500, reducing trading costs.
Best for safety & regulation
Recommended
Plus500 has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.
Best for active traders
Recommended
RoboForex has a cost edge: raw/ECN spreads, tighter spreads from 0 pips.
Best for platform choice
Recommended
RoboForex offers more exclusive platform options: MetaTrader 4, MetaTrader 5, cTrader, a proprietary platform.
Best for beginners
Recommended
Both brokers share the same editorial score of 4/5, but RoboForex requires a lower minimum deposit ($10 vs $100 for Plus500), making it more accessible for new traders.
Plus500 vs RoboForex: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.0/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.2 / 5▲ | 3.6 / 5 |
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 |
| Spreads from | 0.6 pips | 0 pips |
| Commission / lot | N/A | $20/lot |
| Max leverage | 30:1 | 2000:1 |
| Withdrawal fee | Free | Free |
| Regulators | FCA ASIC MAS CySEC CMA | FSCA CySEC IFSC |
| Platforms | Proprietary Web/Mobile | MetaTrader 4 MetaTrader 5 cTrader Proprietary Web/Mobile |
| Active bonuses | ||
| Visit broker | Visit Plus500 | Visit RoboForex |
Plus500 vs RoboForex Forex Broker Pros & Cons
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)
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
Plus500 vs RoboForex: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
Plus500
criteria wins
5
RoboForex
criteria wins
Highlighted rows show where the two brokers differ
| 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 vs RoboForex: Frequently Asked Questions
Plus500 and RoboForex share the same editorial score of 4/5. The right choice depends on your priorities: trading costs, platform preference, or regulatory coverage.
RoboForex offers tighter spreads starting from 0 pips, compared to Plus500's spreads from 0.6 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.
RoboForex has a lower minimum deposit of $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. Always verify regulatory status with the broker directly before depositing funds.
For beginners: RoboForex has a lower minimum deposit ($10), lowering the barrier to entry; both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.
Plus500 offers maximum leverage of 30:1, while RoboForex offers up to 2000:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
RoboForex charges $20 per lot on commission-based accounts. Commission details for the other broker are not currently available. Check their website for up-to-date pricing.
Plus500 supports Proprietary Web/Mobile and RoboForex offers MetaTrader 4, MetaTrader 5, cTrader, Proprietary Web/Mobile; both support Proprietary Web/Mobile; RoboForex exclusively offers MetaTrader 4, MetaTrader 5, cTrader.
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Score 4 / 5
Score 4 / 5
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