Written by ForexBrokers.com
In this head to head comparison of RoboForex vs FXGT.com, 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.
RoboForex and FXGT.com are two online brokers that, while not publicly traded or banks, offer notable services in the financial market. Founded in 2009, RoboForex holds a single Tier-1 license and boasts a Trust Score of 73 out of 99, categorizing it as an average risk broker according to ForexBrokers.com. On the other hand, FXGT.com, established in 2019, is similarly licensed at the Tier-1 level but also holds an additional Tier-2 license. Despite this, FXGT.com's Trust Score is slightly lower at 69 out of 99, placing it in the high-risk category.
When examining regulatory credentials, both brokers possess Tier-1 licenses that provide a good measure of trust but differ slightly in how they extend their regulatory reach. RoboForex does not hold any Tier-2 licenses, while FXGT.com boosts its regulatory standing with one. Users should consider the implications of these trust scores and regulatory licensures when choosing between these platforms for their trading needs.
| Feature |
RoboForex
|
FXGT.com
|
|---|---|---|
| Year Founded | 2009 | 2019 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 2 |
When comparing online brokers RoboForex and FXGT.com, it's clear that both have room for improvement in their commissions and fees structures. RoboForex is known for offering average spreads of 1.3 pips on currency pairs like EUR/USD, which are considered high on its Procent and Pro accounts. Meanwhile, FXGT.com does not publicly disclose its average spread data, making it difficult for prospective clients to evaluate their cost structure.
In terms of overall ratings, both RoboForex and FXGT.com earn a middling 3.5 stars out of five for their commissions and fees. Despite having the same star rating, these brokers are ranked slightly differently by ForexBrokers.com. RoboForex takes the 54th spot out of 62 brokers, while FXGT.com closely trails at 55th. This suggests that both companies have similar performance in fees but are not leading compared to their peers.
For prospective investors looking for cost-effective trading options, it's important to weigh these factors carefully. While high spreads and undisclosed costs may pose challenges, understanding where these brokers stand against others can provide useful insights when making trading decisions.
| Feature |
RoboForex
|
FXGT.com
|
|---|---|---|
| Minimum Deposit | $100 | $5 |
| Average Spread EUR/USD - Standard | 1.3 | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to the variety of investments, RoboForex and FXGT.com both provide forex trading as CFDs or spot contracts. RoboForex stands out with 8,400 tradeable symbols and offers 28 forex pairs, while FXGT.com has a smaller selection with 117 tradeable symbols but provides a wider choice of 53 forex pairs. Neither broker offers the option to purchase exchange-traded securities on U.S. or international exchanges. Both platforms support copy trading, and while neither allows the purchase of actual cryptocurrencies, they do offer cryptocurrency derivatives.
In terms of investment range ratings, RoboForex earns 4.5 stars, compared to FXGT.com's 3 stars. This reflects RoboForex's broader selection as well as its better ranking at #20 out of 62 brokers in the Range of Investments category by ForexBrokers.com. In contrast, FXGT.com is ranked at #60, indicating its narrower array of investment options. Such differences can significantly impact a trader's decision when choosing a platform that aligns with their investment and trading goals.
| Feature |
RoboForex
|
FXGT.com
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8400 | 117 |
| Forex Pairs (Total) | 28 | 53 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | 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.
Both RoboForex and FXGT.com offer comprehensive trading platforms that cater to a variety of trader needs. Both brokers allow clients to start with free virtual demo accounts to practice strategies without risking real money. While neither broker offers a proprietary platform, they both provide popular MetaTrader platforms, including MT4 and MT5, compatible with Windows desktops. Traders will appreciate the flexibility of web-based platforms for trading directly through a browser, allowing for easy access and convenience. Copy trading is available at both brokers, but neither supports DupliTrade or ZuluTrade.
When it comes to advanced charting tools, FXGT.com boasts a higher number of drawing tools with 23 options compared to RoboForex's 15. However, RoboForex offers more customizable options for watch lists with seven fields against FXGT.com's five. Both allow trading directly from stock charts, making the trading process more intuitive. Each broker is rated four stars for their trading platforms and tools, but RoboForex ranks slightly higher at #43 compared to FXGT.com at #56 in the Trading Platforms and Tools category by ForexBrokers.com. In summary, both brokers offer strong trading solutions, with RoboForex standing out slightly in customization and overall ranking.
| Feature |
RoboForex
|
FXGT.com
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 37 |
| Charting - Drawing Tools (Total) | 15 | 23 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 5 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of RoboForex and FXGT.com, both platforms offer a solid set of features for iPhone and Android users. They both provide stock or forex price alerts, the ability to draw trendlines, view various time frames, and the capability to create watchlists with real-time quotes. With 30 technical studies available for charting on both platforms, traders have plenty of tools for analysis. However, FXGT.com edges out in watchlist syncing, allowing users to sync their watchlists between the app and their online accounts, a convenience not found in RoboForex's mobile application.
In terms of performance ratings, RoboForex holds a slightly higher position with a four-star rating compared to FXGT.com's 3.5 stars. Additionally, RoboForex ranks #43 out of 62 brokers in the mobile trading apps category on ForexBrokers.com, while FXGT.com ranks at #58. Whether prioritizing syncing flexibility or opting for higher-rated app performance, traders will find both apps capable of supporting their trading needs.
| Feature |
RoboForex
|
FXGT.com
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 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.
When comparing the market research offerings of RoboForex and FXGT.com, RoboForex clearly takes the lead. This broker provides daily market commentary and updates from prestigious news outlets like Bloomberg and Reuters. RoboForex also incorporates advanced tools from Trading Central and Acuity Trading, enhancing traders' capabilities with technical analytics and Signal Centre services. Moreover, RoboForex features a comprehensive economic calendar to keep traders informed of global news events, achieving a respectable 3.5-star rating and a rank of 37th out of 62 brokers in the Research category according to ForexBrokers.com.
On the other hand, FXGT.com falls short in several areas compared to RoboForex. While it offers a sentiment-based trading tool and an economic calendar, it lacks daily market commentary and top-tier forex news. Additionally, FXGT.com doesn’t provide tools from renowned companies like Autochartist, Trading Central, or Acuity Trading. Due to these limitations, FXGT.com earns a 3-star rating and is placed 56th in the Research category out of 62 brokers as per ForexBrokers.com rankings.
| Feature |
RoboForex
|
FXGT.com
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginner traders, both RoboForex and FXGT.com have room for improvement. Neither broker offers a substantial collection of educational content such as articles, videos, or archived webinars specifically covering forex or CFDs. In addition, both platforms do not provide online webinars or a searchable archive of past sessions, leaving new traders without these interactive learning opportunities. For video tutorials, neither broker meets the threshold of offering at least ten beginner-friendly or advanced educational videos, which might leave some aspiring traders searching for external resources to further their skills.
One notable difference between the two is that FXGT.com offers an investor dictionary with over 50 investing terms, which can be a handy tool for those new to trading. Despite this, RoboForex edges slightly ahead in overall education ratings with 3.5 stars compared to FXGT.com's 3 stars. In ranking terms, RoboForex holds the #56 position among 62 brokers evaluated by ForexBrokers.com for educational offerings, while FXGT.com comes in at #59. Thus, while neither broker is a standout leader in educational resources, RoboForex seems to provide slightly more in helping beginners embark on their trading journey.
| Feature |
RoboForex
|
FXGT.com
|
|---|---|---|
| Education (Forex or CFDs) | No | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | No | No |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that RoboForex is better than FXGT.com. RoboForex finished with an overall rank of #46, while FXGT.com finished with an overall rank of #58.
RoboForex (RoboMarkets in the EU) has amassed 12,000 symbols that you can trade across its MetaTrader and cTrader platforms, as well as a stock trading app. That said, with just a few regulatory licenses, the RoboForex and its RoboMarkets brands trail behind the best forex brokers when it comes to their Trust Score.
| Feature |
RoboForex
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FXGT.com
|
|---|---|---|
| Overall Rating |
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| Trust Score | 73 | 69 |
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Both RoboForex and FXGT.com offer the ability to trade cryptocurrency derivatives but do not provide the option to purchase actual (delivered) cryptocurrencies.
RoboForex and FXGT.com both support ACH and SEPA transfers, as well as Visa or Mastercard and bank wire transactions for depositing and withdrawing account funds; however, RoboForex also accommodates PayPal and Skrill, options that are not available with FXGT.com.
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 | RoboForex | FXGT.com | |
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| Trust Score | 73 | 69 | |
| Winner | check_circle | ||
| Review | RoboForex Review |
| Broker Screenshots | RoboForex | FXGT.com | |
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| Regulation | RoboForex | FXGT.com | |
|---|---|---|---|
| Trust Score | 73 | 69 | |
| Year Founded | 2009 | 2019 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 2 |
| Tier-1 Licenses (Highly Trusted) | RoboForex | FXGT.com | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | RoboForex | FXGT.com | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | RoboForex | FXGT.com | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8400 | 117 | |
| Forex Pairs (Total) | 28 | 53 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | 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 | RoboForex | FXGT.com | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.3 | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | RoboForex | FXGT.com | |
|---|---|---|---|
| Minimum Deposit | $100 | $5 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | RoboForex | FXGT.com | |
|---|---|---|---|
| Proprietary Platform | No | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | RoboForex | FXGT.com | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 5 | |
| Charting - Indicators / Studies (Total) | 30 | 37 | |
| Charting - Drawing Tools (Total) | 15 | 23 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | RoboForex | FXGT.com | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 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 | RoboForex | FXGT.com | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | RoboForex | FXGT.com | |
|---|---|---|---|
| Education (Forex or CFDs) | No | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | No | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | RoboForex | FXGT.com | |
|---|---|---|---|
| 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 | RoboForex Review |
| Overall | RoboForex | FXGT.com | |
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| Trust Score | 73 | 69 | |
| Winner | check_circle | ||
| Review | RoboForex Review |
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