Written by ForexBrokers.com
In this head to head comparison of FxPro 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.
FxPro and RoboForex are both established names in the world of online trading, with FxPro beginning its journey in 2006 and RoboForex following in 2009. Neither company is publicly traded or operates as a bank, but they significantly differ in their regulatory standings. FxPro is regarded as highly trusted, holding two Tier-1 licenses along with one Tier-2 license, which contribute to its impressive Trust Score of 90 according to ForexBrokers.com. This indicates a strong level of trust and reliability for users seeking secure trading options.
On the other hand, RoboForex, although a recognized entity since 2009, holds one Tier-1 license without any additional Tier-2 licenses. This places RoboForex in the average risk category with a Trust Score of 73, reflecting a moderate level of credibility in comparison to FxPro. Traders seeking platforms with comprehensive regulatory oversight might find FxPro's credentials more reassuring, while others may appreciate RoboForex's offerings despite its comparatively modest trust rating.
| Feature |
FxPro
|
RoboForex
|
|---|---|---|
| Year Founded | 2006 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 2 |
When comparing the commissions and fees of FxPro and RoboForex, it's essential to note the slight differences in their offerings. FxPro is rated at 4 stars, ranking 32nd out of 62 brokers, while RoboForex holds a 3.5-star rating, ranking 54th. FxPro generally has higher pricing than the industry average, although it provides a competitive edge through its cTrader platform. FxPro's cTrader platform offers a commission-based pricing model, with an effective spread of around 1.27 pips for the EUR/USD pair. This is calculated from an average spread of 0.37 pips and a commission-equivalent of 0.9 pips. Additionally, FxPro's Active Trader program offers discounts up to 30%, although it still falls short compared to competitors like FOREX.com, IG, and Saxo.
RoboForex, on the other hand, has higher spreads on its Procent and Pro accounts, averaging around 1.3 pips for the EUR/USD pair, putting it at a disadvantage against FxPro in terms of cost-effectiveness. While both brokers allow traders to operate on MetaTrader platforms, FxPro offers a choice between variable and fixed spreads on MT4, though with certain execution-based pricing conditions. Instant execution includes the possibility of requotes but no slippage, whereas market execution avoids requotes but may experience slippage.
FxPro's offerings on MT4 and MT5 highlight variable spreads for EUR/USD at 1.58 pips for market execution and 1.71 pips for instant execution. Unlike FxPro, RoboForex's higher average spreads and commission ratings may appeal less to cost-sensitive traders. Ultimately, both brokers have unique strengths and drawbacks, but in terms of commissions and fees, FxPro appears to offer slightly better value due to its lower transaction costs and competitive pricing structures.
| Feature |
FxPro
|
RoboForex
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average Spread EUR/USD - Standard | 1.51 | 1.3 |
| All-in Cost EUR/USD - Active | 1.27 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing FxPro and RoboForex in terms of their available range of investments, both brokers allow for forex trading as a CFD or spot contract. However, RoboForex stands out by offering a more extensive selection of tradable symbols, with 8,400 options compared to FxPro's 2,249. RoboForex provides a more limited choice of 28 forex pairs, whereas FxPro offers 70 pairs. Neither broker offers the opportunity to buy U.S. exchange-traded securities directly, such as Apple shares, although FxPro does allow access to international exchanges, enabling investments like Vodafone shares, which is not available with RoboForex.
Both FxPro and RoboForex cater to cryptocurrency enthusiasts, offering derivatives but not the actual assets for direct purchase. Copy trading is supported by both platforms, providing users with strategies to follow. Despite such similarities, RoboForex earns a slight edge with a 4.5-star rating for the range of investments, ranking #20 among 62 brokers on ForexBrokers.com. FxPro, with a 4-star rating, follows close behind at #28 in the same category. This reflects RoboForex’s broader selection of tradable instruments, appealing to those seeking a wider array of investment choices.
| Feature |
FxPro
|
RoboForex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2249 | 8400 |
| Forex Pairs (Total) | 70 | 28 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | 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.
FxPro and RoboForex both offer a strong suite of trading platforms and tools that appeal to traders of all experience levels. Both brokers feature free virtual demo accounts, allowing users to practice trading without financial risk. While FxPro has its own proprietary trading platform, RoboForex does not, though both brokers provide access to popular platforms like MetaTrader 4 and MetaTrader 5. Traders can also enjoy convenient access to trading via web-based platforms and Windows desktop applications with either broker.
When it comes to trading functionalities, FxPro and RoboForex both support copy trading and allow for direct trading from stock charts. However, there's a difference in the number of available drawing tools for charting, with FxPro offering 25 and RoboForex providing 15. In terms of customization, RoboForex offers slightly more with seven columns for watch lists compared to FxPro's six. Despite receiving equal ratings of four stars, FxPro ranks higher in the Trading Platforms and Tools category, at 19 out of 62 brokers, while RoboForex is positioned at 43.
| Feature |
FxPro
|
RoboForex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | 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) | 53 | 30 |
| Charting - Drawing Tools (Total) | 25 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both FxPro and RoboForex offer comprehensive mobile trading apps that cater to traders on iPhone and Android devices. Traders can receive real-time price alerts and create watchlists with live quotes using either app. While both platforms support multiple time frames and trendline drawing on charts, FxPro takes the lead in several key areas. Notably, it offers 65 technical studies for charting, compared to RoboForex's 30, and allows for seamless watchlist syncing across devices, a feature RoboForex lacks.
When it comes to usability and user satisfaction, FxPro maintains an edge with a 4.5-star rating, as opposed to RoboForex's 4-star evaluation. This distinction is echoed in their rankings by ForexBrokers.com, where FxPro stands at #15 out of 62 brokers, while RoboForex trails at #43. Overall, both platforms offer quality mobile trading experiences, but FxPro appears to provide a bit more in terms of technical capabilities and user convenience.
| Feature |
FxPro
|
RoboForex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 65 | 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.
FxPro and RoboForex both make compelling cases for traders seeking insightful market research, with each offering daily market commentary and forex news sourced from top-tier outlets such as Bloomberg and Reuters. While neither broker includes tools from Autochartist, both do provide Trading Central, which enhances their research offerings. However, a notable distinction lies in the sentiment-based trading tool feature, in which FxPro prevails by offering insights into the ratio of long or short positions across various instruments, a service that RoboForex does not extend.
Moreover, when examining tools from companies like Acuity Trading, RoboForex takes a slight edge by including offerings such as the Signal Centre, whereas FxPro does not. Both brokers provide economic calendars showcasing critical global events to assist traders in their planning. These features culminate in FxPro achieving a higher research rating of 4 stars compared to RoboForex’s 3.5 stars, as per ForexBrokers.com. Among 62 brokers, FxPro is ranked 27th, surpassing RoboForex, which holds the 37th spot, highlighting FxPro's slightly superior reputation in research capabilities.
| Feature |
FxPro
|
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 it comes to educational resources for beginners in forex and CFDs trading, FxPro stands out compared to RoboForex. FxPro provides a solid foundation with over ten educational resources, including articles and videos tailored for beginners. They offer a comprehensive investor dictionary with definitions for over 50 investing terms. Additionally, FxPro hosts a searchable archive of recorded webinars, which can help deepen understanding and cater to different learning styles. While they do not offer a monthly webinar service, their suite of accessible tools has earned them a higher education rating of 4 stars and a ranking of 17th among 62 brokers on ForexBrokers.com.
On the other hand, RoboForex offers fewer educational tools for beginners. They do not meet the basic threshold of ten educational pieces focusing on forex or CFDs, and they lack a substantial collection of beginner-specific videos. Without a searchable webinar archive or a detailed investor dictionary, RoboForex's offerings are limited for new traders seeking comprehensive and structured learning. As a result, they receive an education rating of 3.5 stars and are ranked 56th by ForexBrokers.com, suggesting there are more informative options out there for novice investors.
| Feature |
FxPro
|
RoboForex
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | 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 FxPro is better than RoboForex. FxPro finished with an overall rank of #21, while RoboForex finished with an overall rank of #46.
FxPro competes among the top MetaTrader brokers, featuring multiple account options and various execution methods. It provides its own proprietary FxPro Edge app – though it isn’t yet available for mobile – alongside access to the BnkPro app (which isn’t yet available in all regions).
| Feature |
FxPro
|
RoboForex
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 90 | 73 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platform & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
While both FxPro and RoboForex do not offer the option to buy actual delivered cryptocurrency, they each provide the ability to trade cryptocurrency derivatives, catering to investors seeking exposure to digital assets without owning them directly.
FxPro and RoboForex both provide a wide range of fund deposit and withdrawal options including ACH, SEPA transfers, PayPal, Skrill, Visa, Mastercard, and bank wires.
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 | FxPro | RoboForex | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 90 | 73 | |
| Winner | check_circle | ||
| Review | FxPro Review | RoboForex Review |
| Broker Screenshots | FxPro | RoboForex | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) |
| ||
| Mobile Trading Gallery (click to expand) |
| ||
| Research Gallery (click to expand) |
| ||
| Education Gallery (click to expand) |
|
| Regulation | FxPro | RoboForex | |
|---|---|---|---|
| Trust Score | 90 | 73 | |
| Year Founded | 2006 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 2 |
| Tier-1 Licenses (Highly Trusted) | FxPro | RoboForex | |
|---|---|---|---|
| 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) | Yes | 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) | FxPro | RoboForex | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | FxPro | RoboForex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2249 | 8400 | |
| Forex Pairs (Total) | 70 | 28 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | 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 | FxPro | RoboForex | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.51 | 1.3 | |
| All-in Cost EUR/USD - Active | 1.27 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | FxPro | RoboForex | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | FxPro | RoboForex | |
|---|---|---|---|
| Proprietary Platform | Yes | 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 | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FxPro | RoboForex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 53 | 30 | |
| Charting - Drawing Tools (Total) | 25 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FxPro | 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 | 65 | 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 | FxPro | 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 | FxPro | RoboForex | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | FxPro | 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 | FxPro Review | RoboForex Review |
| Overall | FxPro | RoboForex | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 90 | 73 | |
| Winner | check_circle | ||
| Review | FxPro Review | RoboForex Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill
