RoboForex vs Axiory

RoboForex vs Axiory Comparison Table 2024
RoboForex Axiory
4.5
3.6
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

RoboForex is a global broker launched in 2009 and regulated by the Belize FSC. The firm offers more than 12,000 instruments spanning 9 asset classes with trades from 0.01 lots and spreads from 0 pips. The broker's advanced copy trading tool is also home to thousands of active day traders.

Founded in 2011, Axiory is a regulated forex and CFD broker offering tight spreads and highly leveraged trading on industry-leading platforms: MT4, MT5 and cTrader. The broker has won multiple global awards and is regulated by the FSC in Belize and the FSC in Mauritius.

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
Bonus Offer
$30 No Deposit Bonus
Comment by Reviewer
"RoboForex is a good pick for traders looking for a vast range of day trading markets with ECN accounts, powerful charting platforms and loyalty promotions. Real stocks traders will also appreciate the R Stocks Trader terminal, with automated trading capabilities." "Axiory remains a top choice for beginners with its low deposit, unlimited demo account and high-quality education. Experienced day traders will also appreciate the advanced capabilities of the cTrader platform, although the range of 150+ instruments may be too restricting."
Pros
  • The proprietary R Stocks Trader terminal rivals leading platforms like MT4, with netting and hedging capabilities, comprehensive backtesting, and Level II pricing
  • Automated trading is permitted in all platforms with user-friendly robot builders and strategy testing features
  • ECN and Prime accounts are available for active day traders looking for low fees and market execution
  • Fast account funding is available, with over 20 payment methods and minimum deposits from $5
  • There's a VPS server for experienced investors looking for 24/7 uninterrupted trading
  • Traders can get two free withdrawals each month, among other promotional deals
  • You can access commission-free trading on thousands of US stocks
  • Axiory offers free, multiple demo accounts in any of the 3 platforms with no expiry, so clients can continuously test their day trading strategies risk-free
  • The broker offers best-in-class charting platforms for both novices and serious day traders, including cTrader with over 50 technical indicators
  • Spreads are decent based on tests, coming in at 0.3 pips for EUR/USD, which is in line with some of the best low-cost forex brokers
  • A good range of accounts are available with just a $10 minimum deposit required and Islamic swap-free versions
  • The broker continues to improve its market coverage by introducing real stocks alongside stock CFDs
Cons
  • The demo account expires after only 90 days, which is more restricting than some competitors - OANDA's demo, for example, does not have a time limit
  • The broker's offering varies between accounts, especially in regard to market access, leverage and additional perks
  • The broker's range of 40+ currency pairs is mediocre - one of our top award-winners, Pepperstone, offers 90+
  • Although regulated in Belize and South Africa, Axiory doesn’t hold any top-tier licenses in Europe, the US or the Asia-Pacific region
  • Only USD and EUR are accepted as account base currencies, so many clients may have to pay conversion fees
  • The broker’s range of 150+ instruments is much smaller than the hundreds offered by most leading firms
  • It’s a shame that copy trading services are not offered for beginners or strategy providers
Awards
  • Best Global Mobile Trading App 2020 - Global Forex Awards B2B
  • Best Broker of the CIS 2019 - IAFT Awards
  • Best Investment Platform 2019 - IAFT Awards
  • Best Educational Forex-Center CIS 2019 - IAFT Awards
  • Best Stock Broker Asia 2019 - International Business Magazine Awards
  • Best Investment Products 2019 - Global Brands Magazine
  • Excellence in Customer Service 2020 - International Investor Awards
  • Most Transparent Broker 2020 - International Investor Awards
  • Best Customer-Centric Forex Brand 2020 Award in Dubai - Global Brands Magazine
  • Best CEO in the Forex Brokerage Industry - 2020 Business Worldwide CEO Awards
Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs Forex, CFD indices, commodities
Demo Account
Yes Yes
Minimum Deposit
$10 $10
Trading Platforms
  • R StocksTrader
  • MT4
  • MT5
  • MyAxiory App
  • MT4
  • MT5
  • cTrader
  • AutoChartist
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FSC IFSC Belize
Margin Trading
Yes No
STP Account
Yes Yes
ECN Account
Yes Yes
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
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android, R StocksTrader Yes
Android App Rating
4.4
iOS App Rating
4.7
Auto Trading
Expert Advisors (EAs) on MetaTrader Yes
Copy Trading
Yes No
Copy Trading Platform
RoboForex offers a market-leading copy trading service for currency traders - CopyFX. The minimum investment is low at $100 and you retain control over your allocated funds. RoboForex also offers MetaTrader 4 MultiTerminal (Multi Account Manager), allowing traders to manage multiple accounts from one master solution.
Social Trading
Yes Yes
Trade Signals
Yes
VPS Hosting
No 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 Yes
Account Currencies
  • USD
  • EUR
  • USD
  • EUR
Stock Exchanges
Commodities
CFD Trading
There's a huge selection of 12000+ CFDs covering forex, stocks, indices, ETFs, commodities and futures. Micro lot trading is available and you can start with just $10 - ideal for beginners or traders on a budget. Additionally, the loyalty bonuses will serve seasoned day traders. Axiory offers a small range of 150+ CFDs covering major markets. There’s an excellent range of charting platforms on offer for short-term traders, including cTrader with 50 indicators and over 20 drawing tools. You can also easily track trends using Axiory’s Strike Indicator tool for MT4.
Leverage
1:2000 1:1000
FTSE Spread
N/A 1.2
GBPUSD Spread
2 0.5
Oil Spread
5.2 0.05
Stocks Spread
0.1 N/A
Forex Trading
RoboForex offers over 30 currency pairs with tight spreads from 0 pips. Forex traders have a choice of leading platforms including MT4, MT5 and an in-house web trader. The CopyFX system also lets you mirror experienced currency traders with a $100 minimum investment. Axiory offers 60+ currency pairs with competitive floating spreads averaging 0.3 pips for EUR/USD. Very high leverage is available up to 1:1000, which will serve highly experienced investors, while the $10 minimum deposit will suit beginners.
GBPUSD Spread
2.0 0.5 pips
EURUSD Spread
1.4 0.2 pips
EURGBP Spread
1.6 0.7 pips
Assets
30+ 60+
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.
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