Comparison of FXOpen and RoboForex
| Feature | FXOpen | RoboForex |
|---|---|---|
| Broker | ||
| Year Founded | 2005 | 2009 |
| Broker Type | MM, STP, ECN | MM, STP, ECN |
| Dealing | A-book, B-book | A-book, B-book |
| Execution | Market | Market |
| Regulation | FCA, CySEC, ASIC | BFSC |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TickTrader, TradingView | MetaTrader 4 (MT4), MetaTrader 5 (MT5), R MobileTrader, R StocksTrader |
| Spread | ⬊ Low | ⬊ Low |
| Maximum Leverage | 1:500 | 1:2000 |
| Minimum Deposit | $1 | $10 |
| Base Currencies | USD, EUR, CHF, GBP, JPY, AUD, SGD, BTC, XAU, LTC | USD, EUR, CNY, XAU |
| Funding Methods | Bank Wire, Credit Card, Debit Card, FasaPay, Volet.com, WebMoney, Bitcoin (BTC), Tether (USDT), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC) | 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 | $10 per month after 12 months | ✖ |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) | Financialcommission.org |
| Protection Size | £85 000 / €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, Metals, Energies, Cryptocurrencies | Currencies, Indices, Stocks, ETFs, Metals, Energies, Soft Commodities |
| Review | FXOpen Review | RoboForex Review |
About FXOpen
FXOpen is a well-established forex broker founded in 2005, recognized for its commitment to providing a transparent and reliable trading environment. Catering to both novice and experienced traders, FXOpen offers a wide range of trading instruments, including major and exotic currency pairs, commodities, indices, and cryptocurrencies. The broker supports multiple trading platforms, including MetaTrader 4, MetaTrader 5, and TickTrader, ensuring that traders have access to advanced tools and features for effective trading. FXOpen is regulated by several reputable financial authorities, which enhances its credibility and ensures the security of client funds. Additionally, FXOpen provides various account types to suit different trading styles and offers competitive spreads, leverage options, and robust customer support, making it a popular choice among forex traders worldwide.
Pros
- Regulated by multiple reputable financial authorities
- Offers MetaTrader 4, MetaTrader 5, and TickTrader
- Access to numerous currency pairs, commodities, indices, and cryptocurrencies
- Provides tight spreads and flexible leverage options
- Multiple account options tailored to different trading needs, including micro, standard, and ECN accounts
- Responsive and knowledgeable support team available through various channels
- Efficient order execution with minimal slippage
Cons
- Fewer promotional bonuses and incentives compared to some other brokers in the market
- Some accounts may charge inactivity fees if there are no trades over a certain period
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
FXOpen & RoboForex Regulation
| Feature | FXOpen | RoboForex |
|---|---|---|
Companies | FXOpen Markets Limited, FXOpen Ltd, FXOpen EU Ltd, FXOpen AU Pty Ltd | RoboForex Ltd |
Countries | Saint Kitts and Nevis, United Kingdom, Cyprus, Australia | Belize |
Regulators | FCA, CySEC, ASIC | BFSC |
Investor Protection | UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF) | Financialcommission.org |
Investor Protection Size | £85 000 / €20 000 | €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Companies
FXOpen
FXOpen Markets Limited, FXOpen Ltd, FXOpen EU Ltd, FXOpen AU Pty Ltd
RoboForex
RoboForex Ltd
Countries
FXOpen
Saint Kitts and Nevis, United Kingdom, Cyprus, Australia
RoboForex
Belize
Regulators
FXOpen
FCA, CySEC, ASIC
RoboForex
BFSC
Investor Protection
FXOpen
UK Financial Services Compensation Scheme (FSCS), Investor Compensation Fund (ICF)
RoboForex
Financialcommission.org
Investor Protection Size
FXOpen
£85 000 / €20 000
RoboForex
€20 000
Publicly Traded
FXOpen
RoboForex
Segregated Accounts
FXOpen
RoboForex
Guaranteed Stop Loss
FXOpen
RoboForex
Negative Balance Protection
FXOpen
RoboForex
Account Types
| Account | FXOpen | RoboForex |
|---|---|---|
STP Account | ||
| Account Name | STP | Pro |
| Min Deposit | $10 | $10 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 1 | 1.3 |
| Fee | No | No |
| Max Leverage | 1:500 | 1:2000 |
| Stop Out | 30% | 20% |
| Margin Call | 50% | 50% |
ECN Account | ||
| Account Name | ECN | ECN |
| Min Deposit | $100 | $10 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0 | 0.1 |
| Fee | $7 per 1 lot | $4 per 1 lot |
| Max Leverage | 1:500 | 1:500 |
| Stop Out | 50% | 40% |
| Margin Call | 100% | 60% |
Zero Account | ||
| Account Name | — | Prime |
| Min Deposit | — | $10 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0 |
| Fee | — | $2 per 1 lot |
| Max Leverage | — | 1:300 |
| Stop Out | — | 100% |
| Margin Call | — | 100% |
Cent Account | ||
| Account Name | Micro | Pro-Cent |
| Min Deposit | $1 | $10 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 1 | 1.3 |
| Fee | No | No |
| Max Leverage | 1:500 | 1:2000 |
| Stop Out | 10% | 40% |
| Margin Call | 20% | 20% |
Crypto Account | ||
| Account Name | Crypto | — |
| Min Deposit | $1 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Market | — |
| Min Spread | 1 | — |
| Fee | $100 per 1 lot | — |
| Max Leverage | 1:3 | — |
| Stop Out | 15% | — |
| Margin Call | 30% | — |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
STP Account
Account Name
FXOpen
STP
RoboForex
Pro
Min Deposit
FXOpen
$10
RoboForex
$10
Lot Size
FXOpen
0.01
RoboForex
0.01
Spread Type
FXOpen
Floating
RoboForex
Floating
Execution
FXOpen
Market
RoboForex
Market
Min Spread
FXOpen
1
RoboForex
1.3
Fee
FXOpen
No
RoboForex
No
Max Leverage
FXOpen
1:500
RoboForex
1:2000
Stop Out
FXOpen
30%
RoboForex
20%
Margin Call
FXOpen
50%
RoboForex
50%
ECN Account
Account Name
FXOpen
ECN
RoboForex
ECN
Min Deposit
FXOpen
$100
RoboForex
$10
Lot Size
FXOpen
0.01
RoboForex
0.01
Spread Type
FXOpen
Floating
RoboForex
Floating
Execution
FXOpen
Market
RoboForex
Market
Min Spread
FXOpen
0
RoboForex
0.1
Fee
FXOpen
$7 per 1 lot
RoboForex
$4 per 1 lot
Max Leverage
FXOpen
1:500
RoboForex
1:500
Stop Out
FXOpen
50%
RoboForex
40%
Margin Call
FXOpen
100%
RoboForex
60%
Zero Account
Account Name
FXOpen
—
RoboForex
Prime
Min Deposit
FXOpen
—
RoboForex
$10
Lot Size
FXOpen
—
RoboForex
0.01
Spread Type
FXOpen
—
RoboForex
Floating
Execution
FXOpen
—
RoboForex
Market
Min Spread
FXOpen
—
RoboForex
0
Fee
FXOpen
—
RoboForex
$2 per 1 lot
Max Leverage
FXOpen
—
RoboForex
1:300
Stop Out
FXOpen
—
RoboForex
100%
Margin Call
FXOpen
—
RoboForex
100%
Cent Account
Account Name
FXOpen
Micro
RoboForex
Pro-Cent
Min Deposit
FXOpen
$1
RoboForex
$10
Lot Size
FXOpen
0.01
RoboForex
0.01
Spread Type
FXOpen
Floating
RoboForex
Floating
Execution
FXOpen
Market
RoboForex
Market
Min Spread
FXOpen
1
RoboForex
1.3
Fee
FXOpen
No
RoboForex
No
Max Leverage
FXOpen
1:500
RoboForex
1:2000
Stop Out
FXOpen
10%
RoboForex
40%
Margin Call
FXOpen
20%
RoboForex
20%
Crypto Account
Account Name
FXOpen
Crypto
RoboForex
—
Min Deposit
FXOpen
$1
RoboForex
—
Lot Size
FXOpen
0.01
RoboForex
—
Spread Type
FXOpen
Floating
RoboForex
—
Execution
FXOpen
Market
RoboForex
—
Min Spread
FXOpen
1
RoboForex
—
Fee
FXOpen
$100 per 1 lot
RoboForex
—
Max Leverage
FXOpen
1:3
RoboForex
—
Stop Out
FXOpen
15%
RoboForex
—
Margin Call
FXOpen
30%
RoboForex
—
Additional Features
Demo Account
FXOpen
RoboForex
VIP Account
FXOpen
RoboForex
Swap-Free Account
FXOpen
RoboForex
Copy Trading
FXOpen
RoboForex
VPS
FXOpen
RoboForex
PAMM/MAM Accounts
FXOpen
RoboForex
Funding and Fees
| Feature | FXOpen | RoboForex |
|---|---|---|
Base currencies | USD, EUR, CHF, GBP, JPY, AUD, SGD, BTC, XAU, LTC | USD, EUR, CNY, XAU |
Deposit and withdrawal methods | Bank Wire, Credit Card, Debit Card, FasaPay, Volet.com, WebMoney, Bitcoin (BTC), Tether (USDT), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC) | 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 | $10 per month after 12 months | |
Interest on margin | ||
Withdrawal fee |
Base currencies
FXOpen
USD, EUR, CHF, GBP, JPY, AUD, SGD, BTC, XAU, LTC
RoboForex
USD, EUR, CNY, XAU
Deposit and withdrawal methods
FXOpen
Bank Wire, Credit Card, Debit Card, FasaPay, Volet.com, WebMoney, Bitcoin (BTC), Tether (USDT), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC)
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
FXOpen
$10 per month after 12 months
RoboForex
Interest on margin
FXOpen
RoboForex
Withdrawal fee
FXOpen
RoboForex
Trading Platforms and Conditions
| Feature | FXOpen | RoboForex |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TickTrader, TradingView | MetaTrader 4 (MT4), MetaTrader 5 (MT5), R MobileTrader, R StocksTrader |
Execution Speed | 1 ms | 40 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | low |
Trading Platforms
FXOpen
MetaTrader 4 (MT4), MetaTrader 5 (MT5), TickTrader, TradingView
RoboForex
MetaTrader 4 (MT4), MetaTrader 5 (MT5), R MobileTrader, R StocksTrader
Execution Speed
FXOpen
1 ms
RoboForex
40 ms
Scalping
FXOpen
RoboForex
Expert Advisors (EAs)
FXOpen
RoboForex
Depth of Market (DOM)
FXOpen
RoboForex
Spread
FXOpen
low
RoboForex
low
Trading Assets
| Asset | FXOpen | RoboForex |
|---|---|---|
Currencies | 66 | 33 |
Indices | 12 | 12 |
Stocks | 553 | 8400 |
Cryptocurrencies | 41 | 11 |
Bonds | 0 | 0 |
Metals | 3 | 5 |
Energies | 3 | 2 |
Soft Commodities | 0 | 4 |
ETFs | 56 | 19 |
Currencies
FXOpen
66
RoboForex
33
Indices
FXOpen
12
RoboForex
12
Stocks
FXOpen
553
RoboForex
8400
Cryptocurrencies
FXOpen
41
RoboForex
11
Bonds
FXOpen
0
RoboForex
0
Metals
FXOpen
3
RoboForex
5
Energies
FXOpen
3
RoboForex
2
Soft Commodities
FXOpen
0
RoboForex
4
ETFs
FXOpen
56
RoboForex
19
Education and Analytics
| Feature | FXOpen | RoboForex |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
FXOpen
RoboForex
Indicators
FXOpen
RoboForex
Robots
FXOpen
RoboForex
Signals
FXOpen
RoboForex
Autochartist
FXOpen
RoboForex
Expert Analytics
FXOpen
RoboForex
News Feed
FXOpen
RoboForex
Education Articles
FXOpen
RoboForex
Webinars
FXOpen
RoboForex
Seminars
FXOpen
RoboForex
Bonuses
| Bonus | FXOpen | RoboForex |
|---|---|---|
| Welcome Bonus | ||
| Is available | ||
| Size | — | $30 |
| Details | — | Learn More |
Contests
| Feature | FXOpen | RoboForex |
|---|---|---|
| Demo Contests | ||
| Is available | ||
| Contests List |
| — |
Demo Contests
Is available
FXOpen
RoboForex
Contests List
FXOpen
- TickTrader ChallengeStart Balance: $5000 · Prize Pool: $650 · Period: MonthlyLearn More
RoboForex
—
Customer Support
| Contact | FXOpen | RoboForex |
|---|---|---|
Email | sales@fxopen.com | info@roboforex.com |
Phone | +6498010123 | +593964256286 |
Telegram | Telegram | Telegram |
Facebook | — | |
LinkedIn | — | |
YouTube | YouTube | YouTube |
Instagram | ||
Twitter |
Email
FXOpen
RoboForex
Phone
FXOpen
RoboForex
Facebook
FXOpen
—
RoboForex
LinkedIn
FXOpen
RoboForex
—
Which Broker is Better?
After comparing FXOpen and RoboForex, RoboForex 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.
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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.