IC Markets vs. RoboForex — Straight Answer
Anyone shopping for an Expert Advisor broker runs into these two names fast. IC Markets is our benchmark for latency-sensitive scalpers and multi-EA portfolios: servers in Equinix NY4 (MT4/MT5) · Equinix LD5 (cTrader), raw spreads from 0.0 pips, a free VPS for active accounts and an explicitly unrestricted EA/scalping/hedging policy, regulated by ASIC, CySEC and the Seychelles FSA. RoboForex, by contrast, stands out with an extremely low entry barrier (minimum deposit 10 USD), a cent account for EA testing and — on the Prime account — the lowest per-side commission in this comparison (10 USD per 1M — round turn ≈ 2 USD per lot (Prime); lot = 100,000 USD notional). In short: for execution quality, infrastructure and depth of regulation, IC Markets leads; for cheap micro accounts and low commission, RoboForex is the more flexible pick. The table below shows both profiles side by side.
Execution & Infrastructure
For EAs it is not the advertised spread that matters but execution quality. IC Markets runs its trade servers in Equinix NY4 (MT4/MT5) · Equinix LD5 (cTrader), with deep liquidity — the gold standard for low latency and consistent fills, especially when scalping. RoboForex delivers solid ECN/Prime execution but communicates its server infrastructure less transparently. In our review, IC Markets leads on execution (score 5.0 vs. 4.0 for RoboForex).
Costs: Raw Spread + Commission
The only meaningful comparison figure is the all-in cost base.
- IC Markets: raw spread from 0.0 pips (Raw, avg EUR/USD 0.1) + 3.50 USD/lot/side (MT, 7 USD round turn) · 3.00 USD/side (cTrader, 6 USD RT) → roughly 0.6–0.7 pips effective on EUR/USD. Globally there is also Raw Pro at 1.50 USD/side from a 5,000 USD deposit.
- RoboForex: raw spread from 0.0 pips (ECN/Prime, avg EUR/USD 0.1) + 20 USD per 1M USD volume per side — round turn ≈ 4 USD per lot (ECN) · 10 USD per 1M — round turn ≈ 2 USD per lot (Prime); lot = 100,000 USD notional.
On paper RoboForex Prime therefore has the lower per-side commission. If you count every pip and fire many round turns, weigh that against IC Markets' demonstrably stronger execution — the full breakdown is in our spread comparison.
EA, Scalping & Hedging Policy
Both brokers allow EAs, scalping and hedging without restriction — no dealbreaker on either side. IC Markets documents this especially explicitly, which matters for multi-EA portfolios holding opposing positions on the same symbol.
Regulation & Leverage
This is where the profiles diverge most:
- IC Markets: ASIC (Australia, AFSL 335692), CySEC (EU, 362/18), FSA (Seychelles, SD018). Leverage: up to 1:5000 dynamic (Global/FSA, MT) · 1:1000 (cTrader) · EU/CySEC & ASIC: 1:30.
- RoboForex: FSC Belize (licence 9759600). Leverage: 1:2000 (Pro/ProCent) · 1:500 (ECN) · 1:300 (Prime), minimum deposit 10 USD. No offering for the EU/EEA/UK; German clients are referred to RoboMarkets Deutschland (BaFin).
IC Markets offers the clearly more strongly regulated setup with ASIC and CySEC and a dedicated EU entity for EU clients; RoboForex is the offshore house with the lower entry barrier. If you prioritise Tier-1 regulation, watch the brand within the IC group: the sister brand IC Trading is licensed solely by the FSC Mauritius.
Platforms & VPS
- IC Markets: MT4, MT5, cTrader, TradingView; free VPS: yes (IC VPS from 15 lots FX/metals per month, Global entity).
- RoboForex: MT4, MT5, R StocksTrader, R WebTrader; free VPS: yes (from 300 USD equity + 3 lots/month; otherwise 5 USD/month).
RoboForex lowers the VPS bar substantially (good for small accounts), while IC Markets offers the broader platform line-up with cTrader and TradingView. More in our VPS comparison and the VPS guide.
Verdict: Who Wins?
- Choose IC Markets if execution quality, infrastructure (Equinix NY4 (MT4/MT5) · Equinix LD5 (cTrader)), Tier-1 regulation and a broader platform line-up including cTrader come first — the rounder pick for latency-sensitive scalpers and multi-EA portfolios.
- Choose RoboForex if you want a very low entry barrier, a cent account for testing and the lowest per-side commission (Prime), and you consciously accept the offshore environment.
Both also sit on the recommendation list of our overall comparison Best Broker for EA / Algo Trading. Details in the individual reviews: IC Markets and RoboForex.