Written by ForexBrokers.com
In this head to head comparison of FOREX.com vs RoboForex, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Founded in 1999, FOREX.com stands out as a highly trusted online broker with a top-notch Trust Score of 99 according to ForexBrokers.com. This impressive rating is supported by its seven Tier-1 licenses, signaling a strong level of safety and reliability for its clients. Publicly traded, FOREX.com indicates a greater level of transparency in its operations, appealing to traders who prioritize security when managing investments. While FOREX.com is not a bank, its high number of Tier-1 licenses provides assurance to users about the safety of their funds.
In contrast, RoboForex, established in 2009, has a Trust Score of 73, categorized as an average risk according to ForexBrokers.com. Although it holds one Tier-1 license, it does not match the regulatory strength seen in FOREX.com. RoboForex is a privately held company and not listed on any stock exchange, which may affect some investors' perceptions of its transparency compared to a publicly traded broker. While neither platform is a bank, FOREX.com's regulatory credentials might offer more peace of mind to cautious investors eyeing greater protection.
| Feature |
FOREX.com
|
RoboForex
|
|---|---|---|
| Year Founded | 1999 | 2009 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
When comparing FOREX.com and RoboForex, FOREX.com stands out with a 4.5-star rating for commissions and fees, ranking 13th out of 62 brokers according to ForexBrokers.com. This broker offers a variety of account types, with the Standard account being the only option for MetaTrader clients, featuring an average spread of 1.4 pips for EUR/USD in the U.S. For those seeking lower spreads, the Raw account is available with typical spreads of 0.13 pips and a commission of $7 per standard lot, making it an appealing choice for high-volume traders, especially those trading outside the US where the spread averages 0.74 pips for EUR/USD.
RoboForex, with a 3.5-star rating and ranked 54th out of 62 brokers, offers spreads averaging 1.3 pips on its Procent and Pro accounts for EUR/USD trades. While these spreads are relatively high compared to some competitors, RoboForex provides a straightforward solution for traders who prioritize simplicity in the fee structure and account management.
In summary, FOREX.com may present slightly higher costs compared to the industry average, except for its Raw account users who can enjoy significant savings on spreads through tier-based rebates. On the other hand, RoboForex offers ease of use but comes with higher spreads. The difference in star ratings and rankings reflects FOREX.com's stronger overall offering when it comes to commissions and fees.
| Feature |
FOREX.com
|
RoboForex
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average Spread EUR/USD - Standard | 1.4 | 1.3 |
| All-in Cost EUR/USD - Active | 0.9 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to the range of investments, both FOREX.com and RoboForex cater to forex traders by offering forex trading as either a CFD or spot contract. FOREX.com provides access to a broad market array with 5,500 tradeable symbols and an impressive offering of 91 forex pairs, positioning it as a notable choice for forex enthusiasts. On the other hand, RoboForex goes further with a higher total of 8,400 tradeable symbols, although it offers a smaller selection of 28 forex pairs. Neither broker provides direct access to exchange-traded securities from U.S. or international exchanges, so investors seeking to buy stocks like Apple or Vodafone directly may need to look elsewhere.
Both brokers offer the opportunity to trade cryptocurrency derivatives, but not actual cryptocurrencies. RoboForex distinguishes itself by offering copy trading, which can be a valuable tool for those looking to mirror successful trading strategies. FOREX.com is highly rated with five stars for its range of investments and ranks 7th among 62 brokers in the Range of Investments category on ForexBrokers.com, whereas RoboForex follows closely with a 4.5-star rating and ranks 20th. Each platform offers unique strengths depending on the specific needs of an investor, making them viable options in the world of online brokerage.
| Feature |
FOREX.com
|
RoboForex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 8400 |
| Forex Pairs (Total) | 91 | 28 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | No | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
FOREX.com and RoboForex both offer simulated trading options with free virtual demo accounts, allowing users to test their skills without any financial risks. FOREX.com shines with its proprietary platform, while RoboForex utilizes platforms developed by third parties. Both brokers provide Windows-based desktop and web-based trading platforms. Unlike FOREX.com, RoboForex supports copy trading, a feature that allows users to automatically replicate the trades of experienced investors. MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms are available at both brokers, giving traders reliable options for executing trades.
FOREX.com stands out with an impressive array of 239 drawing tools, compared to RoboForex's 15, making it a strong choice for those focused on technical analysis. Both platforms allow direct trading from stock charts. Regarding watch lists, FOREX.com offers more flexibility with 20 columns, in contrast to RoboForex’s seven. With a five-star rating for its trading platforms and tools and a ranking of #7 out of 62 brokers by ForexBrokers.com, FOREX.com clearly surpasses RoboForex, which holds a four-star rating and is ranked #43 in the same category. This highlights FOREX.com’s strength in delivering a seamless trading experience enriched with innovative tools and features.
| Feature |
FOREX.com
|
RoboForex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 88 | 30 |
| Charting - Drawing Tools (Total) | 239 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 20 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing mobile trading apps, both FOREX.com and RoboForex offer apps for iPhone and Android users. Each supports stock and forex price alerts, and both enable drawing trendlines and viewing multiple time frames on charts. However, there are some key differences that potential users should note. For instance, while FOREX.com allows watchlist symbol syncing between mobile apps and online accounts, RoboForex does not offer this feature. This could be important for traders who prefer seamless integration across devices.
In terms of charting tools, FOREX.com provides 88 technical studies, significantly more than RoboForex's 30. Both platforms allow you to create watchlists with real-time quotes and automatically save chart drawings. Despite these similarities, FOREX.com rates higher, receiving five stars for its mobile trading app compared to RoboForex's four-star rating. According to ForexBrokers.com, FOREX.com ranks third among 62 brokers for mobile trading apps, whereas RoboForex stands at 43rd. This highlights FOREX.com's stronger reputation among traders looking for a comprehensive mobile trading experience.
| Feature |
FOREX.com
|
RoboForex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 88 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Both FOREX.com and RoboForex provide daily market commentary and forex news from reputable sources like Bloomberg and Reuters. They also share technical analysis tools from Trading Central and have economic calendars to keep you updated on global events. However, while FOREX.com excels with a sentiment-based trading tool to show position ratios across currency pairs, RoboForex offers tools from Acuity Trading but lacks the sentiment-based feature. This differentiation could be crucial for traders who rely on market sentiment in their strategies.
When evaluating the overall quality of market research, FOREX.com shines with a 4.5-star rating and is ranked 9th out of 62 brokers by ForexBrokers.com. RoboForex holds a lower position, receiving a 3.5-star rating and a 37th place ranking. Although both brokers provide several key research tools, FOREX.com's higher ratings and ranking indicate a potentially more comprehensive research experience for traders seeking in-depth analysis.
| Feature |
FOREX.com
|
RoboForex
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When evaluating educational resources for beginners, FOREX.com demonstrates a strong commitment to guiding new traders. It offers a wealth of over 10 educational pieces—including articles, videos, and archived webinars—focused on forex and CFDs. Beginners can benefit from monthly educational webinars, with access to a searchable archive of past sessions for further learning. Additionally, FOREX.com provides more than 10 beginner-centric instructional videos and extensive content for advanced traders. An investor dictionary encompassing over 50 terms rounds out their comprehensive educational suite. This dedication to education earns FOREX.com a favorable 4.5-star rating and a commendable 4th place ranking out of 62 brokers in this category.
In contrast, RoboForex offers limited educational resources for new traders. Failing to provide the minimum 10 educational materials or a regular schedule of client webinars, beginners might find their educational offerings lacking. Moreover, RoboForex does not maintain an archive of recorded webinars, nor does it provide a suite of beginner or advanced-level videos akin to those available on FOREX.com. The absence of an investor dictionary further highlights the comparative lack of educational support. Consequently, RoboForex receives a 3.5-star rating for education, ranking 56th out of 62 brokers in this category.
| Feature |
FOREX.com
|
RoboForex
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that FOREX.com is better than RoboForex. FOREX.com finished with an overall rank of #5, while RoboForex finished with an overall rank of #46.
FOREX.com is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe. It offers a wide range of markets and provides an impressive suite of proprietary platforms – alongside limited access to MetaTrader.
| Feature |
FOREX.com
|
RoboForex
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 73 |
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Both FOREX.com and RoboForex do not offer the ability to buy actual (delivered) cryptocurrency, but they do provide options to trade cryptocurrency derivatives.
Both FOREX.com and RoboForex offer a range of deposit and withdrawal options including ACH, SEPA transfers, PayPal, Visa, Mastercard, and bank wires, but RoboForex uniquely provides Skrill as an additional option that FOREX.com does not.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | FOREX.com | RoboForex | |
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| Trust Score | 99 | 73 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | RoboForex Review |
| Broker Screenshots | FOREX.com | RoboForex | |
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| Regulation | FOREX.com | RoboForex | |
|---|---|---|---|
| Trust Score | 99 | 73 | |
| Year Founded | 1999 | 2009 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 7 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | FOREX.com | RoboForex | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | FOREX.com | RoboForex | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | FOREX.com | RoboForex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 8400 | |
| Forex Pairs (Total) | 91 | 28 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | No | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | FOREX.com | RoboForex | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.4 | 1.3 | |
| All-in Cost EUR/USD - Active | 0.9 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | FOREX.com | RoboForex | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | FOREX.com | RoboForex | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FOREX.com | RoboForex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 20 | 7 | |
| Charting - Indicators / Studies (Total) | 88 | 30 | |
| Charting - Drawing Tools (Total) | 239 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FOREX.com | RoboForex | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 88 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | FOREX.com | RoboForex | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FOREX.com | RoboForex | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | FOREX.com | RoboForex | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | FOREX.com Review | RoboForex Review |
| Overall | FOREX.com | RoboForex | |
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| Trust Score | 99 | 73 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | RoboForex Review |
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