RoboForex
Pros
- Low $10 minimum deposit on most accounts
- Spreads from 0.0 pips on ECN and Prime accounts
- Over 12,000 instruments via R StocksTrader
- Free deposits across all payment methods
- Up to 3 commission-free withdrawals per month
- Free VPS hosting for qualifying accounts
- Copy trading available via CopyFX
- Demo account available on all platforms
Cons
- Regulated only by FSC Belize, a tier-3 jurisdiction with limited investor protections
- Withdrawal fees apply outside the free monthly allowance
- Only USD and EUR base currencies supported
- Only 6 cryptocurrency CFDs available
- R StocksTrader requires a $100 minimum deposit
- Slow withdrawal processing for wire transfers and cards (up to 10 days)