Comparison of FP Markets and RoboForex
| Feature | FP Markets | RoboForex |
|---|---|---|
| Broker | ||
| Year Founded | 2005 | 2009 |
| Broker Type | ECN | MM, STP, ECN |
| Dealing | A-book | A-book, B-book |
| Execution | Market | Market |
| Regulation | ASIC, CySEC, FSCA, SVGFSA, SFSA | BFSC |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView | MetaTrader 4 (MT4), MetaTrader 5 (MT5), R MobileTrader, R StocksTrader |
| Spread | ⬊ Low | ⬊ Low |
| Maximum Leverage | 1:500 | 1:2000 |
| Minimum Deposit | $100 | $10 |
| Base Currencies | USD, AUD, EUR, GBP, SGD, CHF, CAD, NZD, JPY, HKD, PLN, ZAR, MXN, BRL | USD, EUR, CNY, XAU |
| Funding Methods | Bank Wire, Credit Card, Debit Card, Neteller, Skrill, SticPay, FasaPay, Virtual Pay, Perfect Money, Pagsmile, Dragonpay, USDT (Tether), USDC (USD Coin), TUSD (TrueUSD), BTC (Bitcoin), BCH (Bitcoin Cash), ADA (Cardano), DASH (Dash), ETH (Ethereum), LTC (Litecoin), XRP (XRP), ZEC (Zcash) | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, WebMoney, Perfect Money, FasaPay, QIWI, Yandex.Money, EPayments, POLi, Local Transfer Malaysia, Local Transfer Thailand, Local Transfer Indonesia, Local Transfer Vietnam, Klarna, Giropay, IDEAL, Rapid Transfer, Trustly, Santander, HSBC, Caixa, Boleto, Bancolombia, China UnionPay, PSE, Tinkoff.ru, Webpay, Itau, SPEI, Multibanco, Verkkopankki, WeChat, EcoPayz, AstroPay, Efecty, OXXO, Western Union, PagoEfectivo, Rapipago, Carulla, EDEQ, Davivienda, Surtimax, Almancense Exito, Bancomer, Banorte, Redpagos, Servipag |
| Inactivity Fee | ✖ | ✖ |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | Investor Compensation Fund (ICF) | Financialcommission.org |
| Protection Size | €20 000 | €20 000 |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✔ |
| Guaranteed Stop Loss | ✔ | ✔ |
| Copy Trading | ✔ | ✔ |
| VPS | ✔ | ✔ |
| MAM/PAMM | ✔ | ✖ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✔ | ✔ |
| Tradable Assets (CFDs) | Currencies, Indices, Stocks, ETFs, Bonds, Cryptocurrencies, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, ETFs, Metals, Energies, Soft Commodities |
| Review | FP Markets Review | RoboForex Review |
About FP Markets
FP Markets is an Australian Forex and CFD broker founded in 2005 and regulated by ASIC, CySEC, and FSCA. It combines ECN pricing-RAW spreads from 0.0 pips and execution as fast as 0.02 seconds on Equinix NY4 servers-with a modest 100 AUD minimum deposit. Clients can trade via MetaTrader 4/5, cTrader, TradingView, or the Iress ViewPoint DMA platform, accessing more than 10000 instruments across forex, shares, indices, commodities, and crypto. The broker also supports passive strategies through Myfxbook AutoTrade, Signal Start, and MAM/PAMM solutions, while offering fee-free deposits and 24/7 multilingual customer support.
Pros
- Strong regulation with segregated client funds (ASIC, CySEC, FSCA)
- RAW ECN spreads from 0.0 pips and $6 round-turn commission per lot
- Execution speeds under 40 ms on NY4-ideal for scalping and algos
- Wide platform choice: MT4/5, cTrader, TradingView, and Iress ViewPoint
- 10000+ tradable instruments and numerous zero-fee funding options, including crypto
- Comprehensive analytics, education resources, and 24/7 multilingual support
Cons
- Iress ViewPoint incurs a monthly fee unless volume requirements are met
- Commission on RAW accounts may deter micro-lot traders
- No welcome bonuses or promotional offers
- Not available to clients in the USA and certain restricted jurisdictions
About RoboForex
RoboForex is a well-established Forex broker founded in 2009, offering a comprehensive range of trading services to both novice and experienced traders worldwide. Renowned for its diverse account types, including ECN and Prime accounts, RoboForex provides access to a wide array of financial instruments such as Forex, stocks, and CFDs. The broker supports multiple trading platforms, including MetaTrader 4, MetaTrader 5, and its proprietary R StocksTrader platform, ensuring flexibility and advanced trading capabilities. With competitive spreads, various leverage options, and a robust regulatory framework under the Belize Financial Services Commission (BFSC), RoboForex emphasizes security, transparency, and user-friendly services. Additionally, it offers educational resources, automated trading solutions, and responsive customer support, making it a versatile choice for traders seeking a reliable and feature-rich trading environment.
Pros
- Offers multiple account options
- Access to over 12,000 financial instruments
- Supports popular platforms like MetaTrader 4, MetaTrader 5, and the proprietary R StocksTrader platform
- Offers competitive spreads and high leverage options
- Provides a wealth of educational materials
- Compatible with various automated trading systems and APIs
- Offers 24/5 multilingual customer support through live chat, email, and phone, ensuring timely assistance
- Regularly features promotional offers and bonuses
Cons
- Regulation solely by the BFSC, which may be considered less stringent compared to other major regulatory bodies like FCA or CySEC
- Lack of fixed spread account options might be a drawback for traders who prefer consistent spreads irrespective of market conditions
FP Markets & RoboForex Regulation
| Feature | FP Markets | RoboForex |
|---|---|---|
Companies | First Prudential Markets Pty Ltd, First Prudential Markets Ltd, FP Markets (PTY) Ltd, FP Markets LLC, First Prudential Markets Limited | RoboForex Ltd |
Countries | Australia, Cyprus, South Africa, Saint Vincent and the Grenadines, Seychelles | Belize |
Regulators | ASIC, CySEC, FSCA, SVGFSA, SFSA | BFSC |
Investor Protection | Investor Compensation Fund (ICF) | Financialcommission.org |
Investor Protection Size | €20 000 | €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Companies
FP Markets
First Prudential Markets Pty Ltd, First Prudential Markets Ltd, FP Markets (PTY) Ltd, FP Markets LLC, First Prudential Markets Limited
RoboForex
RoboForex Ltd
Countries
FP Markets
Australia, Cyprus, South Africa, Saint Vincent and the Grenadines, Seychelles
RoboForex
Belize
Regulators
FP Markets
ASIC, CySEC, FSCA, SVGFSA, SFSA
RoboForex
BFSC
Investor Protection
FP Markets
Investor Compensation Fund (ICF)
RoboForex
Financialcommission.org
Investor Protection Size
FP Markets
€20 000
RoboForex
€20 000
Publicly Traded
FP Markets
RoboForex
Segregated Accounts
FP Markets
RoboForex
Guaranteed Stop Loss
FP Markets
RoboForex
Negative Balance Protection
FP Markets
RoboForex
Account Types
| Account | FP Markets | RoboForex |
|---|---|---|
STP Account | ||
| Account Name | — | Pro |
| Min Deposit | — | $10 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 1.3 |
| Fee | — | No |
| Max Leverage | — | 1:2000 |
| Stop Out | — | 20% |
| Margin Call | — | 50% |
ECN Account | ||
| Account Name | Standard | ECN |
| Min Deposit | $100 | $10 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 1 | 0.1 |
| Fee | No | $4 per 1 lot |
| Max Leverage | 1:500 | 1:500 |
| Stop Out | 50% | 40% |
| Margin Call | 100% | 60% |
Zero Account | ||
| Account Name | Raw | Prime |
| Min Deposit | $100 | $10 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0 | 0 |
| Fee | $6 per 1 lot | $2 per 1 lot |
| Max Leverage | 1:500 | 1:300 |
| Stop Out | 50% | 100% |
| Margin Call | 100% | 100% |
Cent Account | ||
| Account Name | — | Pro-Cent |
| Min Deposit | — | $10 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 1.3 |
| Fee | — | No |
| Max Leverage | — | 1:2000 |
| Stop Out | — | 40% |
| Margin Call | — | 20% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
STP Account
Account Name
FP Markets
—
RoboForex
Pro
Min Deposit
FP Markets
—
RoboForex
$10
Lot Size
FP Markets
—
RoboForex
0.01
Spread Type
FP Markets
—
RoboForex
Floating
Execution
FP Markets
—
RoboForex
Market
Min Spread
FP Markets
—
RoboForex
1.3
Fee
FP Markets
—
RoboForex
No
Max Leverage
FP Markets
—
RoboForex
1:2000
Stop Out
FP Markets
—
RoboForex
20%
Margin Call
FP Markets
—
RoboForex
50%
ECN Account
Account Name
FP Markets
Standard
RoboForex
ECN
Min Deposit
FP Markets
$100
RoboForex
$10
Lot Size
FP Markets
0.01
RoboForex
0.01
Spread Type
FP Markets
Floating
RoboForex
Floating
Execution
FP Markets
Market
RoboForex
Market
Min Spread
FP Markets
1
RoboForex
0.1
Fee
FP Markets
No
RoboForex
$4 per 1 lot
Max Leverage
FP Markets
1:500
RoboForex
1:500
Stop Out
FP Markets
50%
RoboForex
40%
Margin Call
FP Markets
100%
RoboForex
60%
Zero Account
Account Name
FP Markets
Raw
RoboForex
Prime
Min Deposit
FP Markets
$100
RoboForex
$10
Lot Size
FP Markets
0.01
RoboForex
0.01
Spread Type
FP Markets
Floating
RoboForex
Floating
Execution
FP Markets
Market
RoboForex
Market
Min Spread
FP Markets
0
RoboForex
0
Fee
FP Markets
$6 per 1 lot
RoboForex
$2 per 1 lot
Max Leverage
FP Markets
1:500
RoboForex
1:300
Stop Out
FP Markets
50%
RoboForex
100%
Margin Call
FP Markets
100%
RoboForex
100%
Cent Account
Account Name
FP Markets
—
RoboForex
Pro-Cent
Min Deposit
FP Markets
—
RoboForex
$10
Lot Size
FP Markets
—
RoboForex
0.01
Spread Type
FP Markets
—
RoboForex
Floating
Execution
FP Markets
—
RoboForex
Market
Min Spread
FP Markets
—
RoboForex
1.3
Fee
FP Markets
—
RoboForex
No
Max Leverage
FP Markets
—
RoboForex
1:2000
Stop Out
FP Markets
—
RoboForex
40%
Margin Call
FP Markets
—
RoboForex
20%
Additional Features
Demo Account
FP Markets
RoboForex
VIP Account
FP Markets
RoboForex
Swap-Free Account
FP Markets
RoboForex
Copy Trading
FP Markets
RoboForex
VPS
FP Markets
RoboForex
PAMM/MAM Accounts
FP Markets
RoboForex
Funding and Fees
| Feature | FP Markets | RoboForex |
|---|---|---|
Base currencies | USD, AUD, EUR, GBP, SGD, CHF, CAD, NZD, JPY, HKD, PLN, ZAR, MXN, BRL | USD, EUR, CNY, XAU |
Deposit and withdrawal methods | Bank Wire, Credit Card, Debit Card, Neteller, Skrill, SticPay, FasaPay, Virtual Pay, Perfect Money, Pagsmile, Dragonpay, USDT (Tether), USDC (USD Coin), TUSD (TrueUSD), BTC (Bitcoin), BCH (Bitcoin Cash), ADA (Cardano), DASH (Dash), ETH (Ethereum), LTC (Litecoin), XRP (XRP), ZEC (Zcash) | Bank Wire, Credit Card, Debit Card, Skrill, Neteller, WebMoney, Perfect Money, FasaPay, QIWI, Yandex.Money, EPayments, POLi, Local Transfer Malaysia, Local Transfer Thailand, Local Transfer Indonesia, Local Transfer Vietnam, Klarna, Giropay, IDEAL, Rapid Transfer, Trustly, Santander, HSBC, Caixa, Boleto, Bancolombia, China UnionPay, PSE, Tinkoff.ru, Webpay, Itau, SPEI, Multibanco, Verkkopankki, WeChat, EcoPayz, AstroPay, Efecty, OXXO, Western Union, PagoEfectivo, Rapipago, Carulla, EDEQ, Davivienda, Surtimax, Almancense Exito, Bancomer, Banorte, Redpagos, Servipag |
Inactivity fee | ||
Interest on margin | ||
Withdrawal fee |
Base currencies
FP Markets
USD, AUD, EUR, GBP, SGD, CHF, CAD, NZD, JPY, HKD, PLN, ZAR, MXN, BRL
RoboForex
USD, EUR, CNY, XAU
Deposit and withdrawal methods
FP Markets
Bank Wire, Credit Card, Debit Card, Neteller, Skrill, SticPay, FasaPay, Virtual Pay, Perfect Money, Pagsmile, Dragonpay, USDT (Tether), USDC (USD Coin), TUSD (TrueUSD), BTC (Bitcoin), BCH (Bitcoin Cash), ADA (Cardano), DASH (Dash), ETH (Ethereum), LTC (Litecoin), XRP (XRP), ZEC (Zcash)
RoboForex
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, WebMoney, Perfect Money, FasaPay, QIWI, Yandex.Money, EPayments, POLi, Local Transfer Malaysia, Local Transfer Thailand, Local Transfer Indonesia, Local Transfer Vietnam, Klarna, Giropay, IDEAL, Rapid Transfer, Trustly, Santander, HSBC, Caixa, Boleto, Bancolombia, China UnionPay, PSE, Tinkoff.ru, Webpay, Itau, SPEI, Multibanco, Verkkopankki, WeChat, EcoPayz, AstroPay, Efecty, OXXO, Western Union, PagoEfectivo, Rapipago, Carulla, EDEQ, Davivienda, Surtimax, Almancense Exito, Bancomer, Banorte, Redpagos, Servipag
Inactivity fee
FP Markets
RoboForex
Interest on margin
FP Markets
RoboForex
Withdrawal fee
FP Markets
RoboForex
Trading Platforms and Conditions
| Feature | FP Markets | RoboForex |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView | MetaTrader 4 (MT4), MetaTrader 5 (MT5), R MobileTrader, R StocksTrader |
Execution Speed | 20 ms | 40 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | low |
Trading Platforms
FP Markets
MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView
RoboForex
MetaTrader 4 (MT4), MetaTrader 5 (MT5), R MobileTrader, R StocksTrader
Execution Speed
FP Markets
20 ms
RoboForex
40 ms
Scalping
FP Markets
RoboForex
Expert Advisors (EAs)
FP Markets
RoboForex
Depth of Market (DOM)
FP Markets
RoboForex
Spread
FP Markets
low
RoboForex
low
Trading Assets
| Asset | FP Markets | RoboForex |
|---|---|---|
Currencies | 81 | 33 |
Indices | 18 | 12 |
Stocks | 566 | 8400 |
Cryptocurrencies | 12 | 11 |
Bonds | 2 | 0 |
Metals | 17 | 5 |
Energies | 5 | 2 |
Soft Commodities | 7 | 4 |
ETFs | 58 | 19 |
Currencies
FP Markets
81
RoboForex
33
Indices
FP Markets
18
RoboForex
12
Stocks
FP Markets
566
RoboForex
8400
Cryptocurrencies
FP Markets
12
RoboForex
11
Bonds
FP Markets
2
RoboForex
0
Metals
FP Markets
17
RoboForex
5
Energies
FP Markets
5
RoboForex
2
Soft Commodities
FP Markets
7
RoboForex
4
ETFs
FP Markets
58
RoboForex
19
Education and Analytics
| Feature | FP Markets | RoboForex |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
FP Markets
RoboForex
Indicators
FP Markets
RoboForex
Robots
FP Markets
RoboForex
Signals
FP Markets
RoboForex
Autochartist
FP Markets
RoboForex
Expert Analytics
FP Markets
RoboForex
News Feed
FP Markets
RoboForex
Education Articles
FP Markets
RoboForex
Webinars
FP Markets
RoboForex
Seminars
FP Markets
RoboForex
Bonuses
| Bonus | FP Markets | RoboForex |
|---|---|---|
| Welcome Bonus | ||
| Is available | ||
| Size | — | $30 |
| Details | — | Learn More |
Welcome Bonus
Is available
FP Markets
RoboForex
Size
FP Markets
—
RoboForex
$30
Details
FP Markets
—
RoboForex
Customer Support
| Contact | FP Markets | RoboForex |
|---|---|---|
Email | supportteam@fpmarkets.com | info@roboforex.com |
Phone | +4428254477809 | +593964256286 |
Telegram | Telegram | Telegram |
Whatsapp | — | |
Facebook | ||
LinkedIn | — | |
YouTube | YouTube | YouTube |
Instagram | ||
Twitter |
Email
FP Markets
RoboForex
Phone
FP Markets
RoboForex
Whatsapp
FP Markets
RoboForex
—
LinkedIn
FP Markets
RoboForex
—
Which Broker is Better?
After comparing FP Markets and RoboForex, FP Markets comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
More Comparisons
Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.