Written by ForexBrokers.com
In this head to head comparison of RoboForex vs FXPrimus, 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 FXPrimus both entered the online trading scene in 2009, and neither is a bank or publicly traded company. In terms of regulation, each holds one Tier-1 license, which ForexBrokers.com rates as highly trusted, but neither has Tier-2 licenses. These regulatory credentials are significant as they provide a glimpse into the accountability and oversight mechanisms each broker adheres to, usually offering some peace of mind to traders about the safety of their investments.
When it comes to trustworthiness, as rated by ForexBrokers.com, RoboForex secures a Trust Score of 73, suggesting average risk, while FXPrimus is rated slightly lower at 71, also indicating average risk. This means both brokers are on somewhat equal footing when assessed for trust and risk factors, assisting potential traders in gauging where they might feel more comfortable investing.
| Feature |
RoboForex
|
FXPrimus
|
|---|---|---|
| Year Founded | 2009 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When comparing online brokers RoboForex and FXPrimus, there are noticeable differences in their commissions and fees structures. RoboForex, with an average spread of 1.3 pips for EUR/USD on its Procent and Pro accounts, is considered to have relatively high spreads. In terms of ratings, RoboForex earns a 3.5-star rating for its commissions and fees, ranking it 54th out of 62 brokers according to ForexBrokers.com.
On the other hand, FXPrimus does not provide specific average spread data, making it challenging to directly compare its spreads with those of RoboForex. However, FXPrimus earns a higher rating of 4 stars for its commissions and fees. This rating places FXPrimus at the 42nd position out of 62 brokers in the Commissions and Fees category.
In summary, while both brokers offer online trading services, FXPrimus is rated higher and ranked better on ForexBrokers.com for its overall commissions and fees than RoboForex. Traders should consider these rankings when choosing a broker that suits their trading cost preferences.
| Feature |
RoboForex
|
FXPrimus
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| 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 | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
RoboForex and FXPrimus both provide forex trading opportunities through CFDs or spot contracts, catering to diverse trading strategies. RoboForex stands out with an impressive offering of 8,400 tradeable symbols, including 28 forex pairs, while FXPrimus presents a more streamlined selection with 140 tradeable symbols and a slightly higher number of forex pairs at 42. However, neither broker provides direct access to exchange-traded securities on either U.S. or international exchanges, which includes stocks like Apple or Vodafone. Both platforms, however, offer copy trading and the ability to trade cryptocurrency derivatives, granting traders varied choices in how they engage with the financial markets.
When considering these factors, RoboForex gains a competitive edge with a 4.5-star rating for Range of Investments, positioning it at #20 out of 62 brokers according to ForexBrokers.com. FXPrimus, on the other hand, receives a 3.5-star rating, ranking it at #59 among the same group of brokers. This indicates that while both brokers give investors tools for forex and cryptocurrency derivative trading, RoboForex provides a wider array of options, appealing to those seeking a broader investment spectrum.
| Feature |
RoboForex
|
FXPrimus
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8400 | 140 |
| Forex Pairs (Total) | 28 | 42 |
| 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.
In the realm of online brokers, both RoboForex and FXPrimus provide traders with similar features when it comes to trading platforms and tools. Each offers the convenience of a virtual demo account for paper trading, which is essential for beginners wanting to test strategies without financial risk. RoboForex and FXPrimus extend their capabilities through popular platforms like MetaTrader 4 and MetaTrader 5, and both brokers provide the option of a desktop download platform for Windows as well as a web-based trading platform accessible from any browser. While RoboForex does not possess a proprietary platform, FXPrimus stands out by offering one, crafted exclusively in-house.
Both brokers facilitate copy trading and let traders execute trades directly from stock charts, enhancing user experience and efficiency. Traders can utilize 15 drawing tools for charting with either broker, offering ample resources for technical analysis. Additionally, watchlists at both RoboForex and FXPrimus can display up to 7 columns, accommodating diverse trading strategies. Despite their similarities, RoboForex slightly edges out with a #43 ranking in the Trading Platforms and Tools category by ForexBrokers.com, compared to FXPrimus's #49. Yet, user ratings reflect an even match, with both receiving 4 out of 5 stars from customers, highlighting their solid offerings in this competitive space.
| Feature |
RoboForex
|
FXPrimus
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | Yes |
| 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 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both RoboForex and FXPrimus offer comprehensive mobile trading experiences available on iPhone and Android devices. Each platform allows users to set up stock or forex price alerts and create personalized watchlists with real-time quotes. However, neither broker provides the option to synchronize watchlists between the mobile app and their online account. Both apps feature 30 technical studies for chart analysis, let users draw trendlines, and support multiple time frames for detailed market analysis. Additionally, both platforms automatically save any chart drawings, ensuring a seamless user experience.
When it comes to user ratings, both RoboForex and FXPrimus receive four out of five stars for their mobile trading apps. However, according to ForexBrokers.com, RoboForex is ranked slightly higher in the Mobile Trading Apps category, coming in at 43rd out of 62 brokers, while FXPrimus is close behind at 47th. Despite their similarities in features and ratings, this slight difference in rankings might be a consideration for traders deciding between these two mobile trading platforms.
| Feature |
RoboForex
|
FXPrimus
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| 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.
RoboForex and FXPrimus both provide traders with daily market commentary and maintain economic calendars showcasing global news events, ensuring investors remain informed. However, RoboForex stands out by offering forex news from top-tier sources like Bloomberg and Reuters, while FXPrimus does not provide such updates. When it comes to advanced analysis tools, RoboForex gives its users access to Trading Central's Technical Analytics and Acuity Trading's Signal Centre, enhancing market insights and decision-making capabilities that FXPrimus doesn't offer.
In terms of research quality, RoboForex is rated 3.5 out of 5 stars, slightly ahead of FXPrimus, which holds a 3-star rating. This slight edge is reflected in their rankings by ForexBrokers.com, where RoboForex is positioned at #37 out of 62 brokers, while FXPrimus ranks lower at #58. Despite neither broker offering sentiment-based trading tools or resources from Autochartist or TipRanks, RoboForex's broader access to research tools seems to give it a competitive advantage over FXPrimus.
| Feature |
RoboForex
|
FXPrimus
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | No | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing educational resources for beginners, RoboForex and FXPrimus have distinct offerings. RoboForex falls short in providing comprehensive educational content, offering less than 10 articles, videos, or webinars focused on forex or CFDs. It also lacks monthly webinars, an archive of recorded sessions, beginner and advanced educational videos, and an investor dictionary. Despite this, RoboForex earns a slightly higher rating of 3.5 stars for education out of five.
Conversely, FXPrimus provides more extensive educational content for beginners. It offers over 10 educational materials focused on forex or CFDs and hosts at least one educational webinar each month. Additionally, FXPrimus has a searchable archive of previous webinars, providing ongoing learning opportunities. Nevertheless, like RoboForex, it does not offer a significant amount of beginner or advanced educational videos and lacks an extensive investor dictionary. FXPrimus is rated slightly lower with three stars for education, yet ranks higher in the educational category compared to RoboForex, coming in at 51st out of 62 brokers.
| Feature |
RoboForex
|
FXPrimus
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | No | Yes |
| Client Webinars (Archived) | No | Yes |
| Videos - Beginner Trading Videos | No | No |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | No | No |
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 FXPrimus. RoboForex finished with an overall rank of #46, while FXPrimus finished with an overall rank of #53.
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
|
FXPrimus
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 73 | 71 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platform & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
RoboForex and FXPrimus both do not provide the option to purchase actual delivered cryptocurrencies, but they each offer the ability to buy cryptocurrency derivatives.
RoboForex surpasses FXPrimus in offering more diverse funding options, supporting ACH and SEPA transfers, PayPal, Skrill, Visa, Mastercard, and bank wires, while FXPrimus lacks ACH, SEPA, and PayPal options but provides Skrill, Visa, Mastercard, and bank wire services.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | RoboForex | FXPrimus | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 73 | 71 | |
| Winner | check_circle | ||
| Review | RoboForex Review |
| Broker Screenshots | RoboForex | FXPrimus | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) | |||
| Mobile Trading Gallery (click to expand) | |||
| Research Gallery (click to expand) | |||
| Education Gallery (click to expand) |
| Regulation | RoboForex | FXPrimus | |
|---|---|---|---|
| Trust Score | 73 | 71 | |
| Year Founded | 2009 | 2009 | |
| 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 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | RoboForex | FXPrimus | |
|---|---|---|---|
| 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 | FXPrimus | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | RoboForex | FXPrimus | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8400 | 140 | |
| Forex Pairs (Total) | 28 | 42 | |
| 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 | FXPrimus | |
|---|---|---|---|
| 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 | FXPrimus | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | RoboForex | FXPrimus | |
|---|---|---|---|
| Proprietary Platform | No | Yes | |
| 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 | Yes | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | RoboForex | FXPrimus | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | RoboForex | FXPrimus | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| 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 | FXPrimus | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | No | |
| Economic Calendar | Yes | Yes |
| Education | RoboForex | FXPrimus | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | No | Yes | |
| Client Webinars (Archived) | No | Yes | |
| Videos - Beginner Trading Videos | No | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | RoboForex | FXPrimus | |
|---|---|---|---|
| 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 | FXPrimus | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 73 | 71 | |
| Winner | check_circle | ||
| Review | RoboForex Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill
