Written by ForexBrokers.com
In this head to head comparison of easyMarkets 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.
easyMarkets, founded in 2001, is a well-regarded online broker with a ForexBrokers.com Trust Score of 84, placing it in the trusted category. The broker is not publicly traded and does not operate as a bank but boasts 2 Tier-1 licenses, which are seen as highly trusted. Additionally, easyMarkets holds 1 Tier-2 license, further reinforcing its trustworthiness in the financial community.
RoboForex, established in 2009, is another choice for those exploring online brokers, with a Trust Score of 73 from ForexBrokers.com, indicating an average risk. Like easyMarkets, RoboForex is not listed on a stock exchange and is not a banking institution. With 1 Tier-1 license, RoboForex earns recognition for some level of trust, although it does not possess any Tier-2 licenses.
| Feature |
easyMarkets
|
RoboForex
|
|---|---|---|
| Year Founded | 2001 | 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 considering commissions and fees, easyMarkets offers a variety of spreads depending on the platform you choose to trade on. For those using easyMarkets' own platform or TradingView, the spreads are fixed at a competitive 0.8 pips for EUR/USD. However, if you opt for the widely-used MT4 platform, you'll find the Standard account spreads at a higher 1.7 pips. The VIP account on MT4 offers a reduced spread of 0.7 pips, providing better value for high-volume traders. On MT5, easyMarkets provides a variable spread starting from 0.7 pips. According to ForexBrokers.com, easyMarkets scores 3.5 out of 5 stars for commissions and fees, ranking #51 among 62 reviewed brokers.
RoboForex, on the other hand, offers average spreads of 1.3 pips for EUR/USD, which are considered high on both the Procent and Pro accounts. This makes it less desirable for traders looking to minimize their trading costs through lower spreads. Despite this, RoboForex also earns a 3.5-star rating for its commissions and fees from ForexBrokers.com. However, its ranking is slightly lower than easyMarkets, coming in at #54 out of the 62 brokers assessed.
In summary, both brokers receive the same star rating for their commissions and fees, but easyMarkets offers potentially lower costs depending on the account type and platform used. While easyMarkets gives traders a few more options to achieve lower spreads, RoboForex's spreads remain consistently above average, affecting its overall ranking in comparison. This information highlights the importance of carefully selecting the right broker to align with your trading strategy and cost expectations.
| Feature |
easyMarkets
|
RoboForex
|
|---|---|---|
| Minimum Deposit | $25 | $100 |
| Average Spread EUR/USD - Standard | 0.8 | 1.3 |
| All-in Cost EUR/USD - Active | 0.8 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | No | 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 easyMarkets and RoboForex for their range of investments, there are several key differences to note. Both platforms offer forex trading through CFDs or spot contracts, but the selection varies significantly. easyMarkets provides access to 230 tradable symbols with 63 forex pairs, whereas RoboForex caters to a broader audience with an impressive 8,400 tradable symbols and 28 forex pairs. Neither platform offers exchange traded securities on U.S. or international exchanges, blocking clients from investing directly in shares like Apple or Vodafone. However, both brokers support copy trading and provide cryptocurrency derivatives, although they don't offer the option to purchase actual cryptocurrencies.
In terms of ratings, easyMarkets scores 3.5 stars for their range of investments according to ForexBrokers.com, placing them at rank #54 out of 62 brokers. On the other hand, RoboForex achieves a higher rating of 4.5 stars, earning the #20 spot in the same category. These ratings highlight a notable gap in the diversity of offerings between the two platforms, with RoboForex standing out for its extensive selection of tradable symbols, even though both brokers offer similar types of investment products.
| Feature |
easyMarkets
|
RoboForex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 230 | 8400 |
| Forex Pairs (Total) | 63 | 28 |
| 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.
easyMarkets and RoboForex both provide traders with options for simulated trading through free virtual demo accounts, ensuring users can practice without any financial risk. While easyMarkets offers a proprietary platform developed in-house, RoboForex opts for third-party solutions but matches easyMarkets with both Windows-based desktop and web-based trading platforms. For those interested in popular trading software, both brokers support MetaTrader 4 and MetaTrader 5, providing reliable and familiar environments for charting and analysis. Moreover, easyMarkets and RoboForex each facilitate copy trading, appealing to traders who prefer mirroring strategies of experienced investors.
In terms of advanced charting tools, easyMarkets delivers an edge with 30 drawing tools compared to RoboForex’s 15. Both allow trading directly from charts, enhancing the trading experience. Stakeholders may find the number of columns in watch lists noteworthy, with easyMarkets offering eight fields while RoboForex provides seven. Despite similar offerings in several areas, easyMarkets ranks higher at #35 compared to RoboForex’s #43 in the Trading Platforms and Tools category as per ForexBrokers.com. Yet, both brokers earn a four-star rating, indicating strong performances in the realm of trading platforms and tools.
| Feature |
easyMarkets
|
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) | 15 | 30 |
| Charting - Drawing Tools (Total) | 30 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 8 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When choosing between easyMarkets and RoboForex for mobile trading, both platforms offer iPhone and Android apps, allowing easy access to their features on-the-go. However, their offerings do diverge in several areas. While RoboForex provides users with the advantage of receiving stock or forex price alerts, easyMarkets compensates with seamless watchlist symbol syncing. This means that any changes made in easyMarkets' mobile app are reflected in the user's online account, ensuring consistency across platforms. Furthermore, easyMarkets stands out with its provision of 81 technical studies for its charting tools, compared to RoboForex's 30. Both apps allow traders to draw trendlines and view charts in different time frames.
For traders looking for a platform that auto-saves drawings, RoboForex offers this feature, whereas easyMarkets does not. Nonetheless, both apps enable the creation of a watchlist with real-time quotes, making market monitoring straightforward for the user. In user ratings, easyMarkets and RoboForex each receive a commendable four out of five stars for their mobile trading apps. However, easyMarkets is ranked higher at #30 compared to RoboForex's #43 in the Mobile Trading Apps category by ForexBrokers.com. These insights can guide traders in selecting the mobile trading app that best suits their needs.
| Feature |
easyMarkets
|
RoboForex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | No | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 81 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Both easyMarkets and RoboForex provide traders with valuable daily market commentary and access to forex news from top-tier sources like Bloomberg and Reuters. While neither broker offers tools from Autochartist, both provide technical analysis resources from Trading Central, enhancing traders' abilities to make informed decisions. However, easyMarkets edges ahead with the inclusion of a sentiment-based trading tool, which RoboForex lacks. On the other hand, RoboForex compensates by offering research tools from Acuity Trading, absent in easyMarkets' offerings.
Regarding additional resources, both brokers include an economic calendar to help users stay informed of global events that could impact their trades. Their research capabilities have earned both platforms a 3.5-star rating. Despite having a similar rating, RoboForex ranks slightly higher at #37 compared to easyMarkets' #43 in ForexBrokers.com's research category among 62 brokers. This subtle distinction can aid in making a choice between easyMarkets and RoboForex based on individual research needs and priorities.
| Feature |
easyMarkets
|
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 comparing the educational offerings available for beginner traders, easyMarkets stands out as a solid option. It provides an array of resources aimed at new investors, including a minimum of 10 educational pieces focused on forex and CFDs. Additionally, easyMarkets hosts online webinars for their clients every month and maintains an archive of these sessions, making it easy for learners to access past webinars at their convenience. The platform also offers over 10 beginner videos that cover various trading topics, supporting newcomers as they build their knowledge base. For those looking to expand their understanding, easyMarkets delivers advanced video content and an investor dictionary with more than 50 trading terms defined, contributing to a comprehensive educational environment.
In contrast, RoboForex falls short in offering the same level of educational support for beginners. The platform does not meet the criteria of providing at least 10 educational pieces focused on forex or CFDs, nor does it hold monthly webinars or maintain a searchable archive of recorded sessions for its clients. Furthermore, RoboForex lacks in both beginner and advanced video content, as well as an investor dictionary with essential trading terms. Both brokers have received an education rating of 3.5 stars, but easyMarkets ranks higher in the education category based on ForexBrokers.com's list, coming in at #39 out of 62 brokers, compared to RoboForex's position at #56.
| Feature |
easyMarkets
|
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 easyMarkets is better than RoboForex. easyMarkets finished with an overall rank of #42, while RoboForex finished with an overall rank of #46.
easyMarkets is easy to use and offers several unique features attractive to beginners through its proprietary trading platform. However, its web platform is a bit dated and it offers a below-average selection of tradeable products.
| Feature |
easyMarkets
|
RoboForex
|
|---|---|---|
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| Trust Score | 84 | 73 |
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Both easyMarkets and RoboForex do not provide the option to purchase actual delivered cryptocurrencies, but they do offer the ability to buy cryptocurrency derivatives.
easyMarkets and RoboForex both support ACH and SEPA transfers, Visa or Mastercard, Skrill, and bank wires for depositing and withdrawing funds, but only RoboForex offers PayPal as an additional payment option.
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 | easyMarkets | RoboForex | |
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| Trust Score | 84 | 73 | |
| Winner | check_circle | ||
| Review | easyMarkets Review | RoboForex Review |
| Broker Screenshots | easyMarkets | RoboForex | |
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| Regulation | easyMarkets | RoboForex | |
|---|---|---|---|
| Trust Score | 84 | 73 | |
| Year Founded | 2001 | 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) | easyMarkets | RoboForex | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | 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) | easyMarkets | 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 | easyMarkets | RoboForex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 230 | 8400 | |
| Forex Pairs (Total) | 63 | 28 | |
| 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 | easyMarkets | RoboForex | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.8 | 1.3 | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | easyMarkets | RoboForex | |
|---|---|---|---|
| Minimum Deposit | $25 | $100 | |
| PayPal (Deposit/Withdraw) | No | 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 | easyMarkets | 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 | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | easyMarkets | RoboForex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 8 | 7 | |
| Charting - Indicators / Studies (Total) | 15 | 30 | |
| Charting - Drawing Tools (Total) | 30 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | easyMarkets | RoboForex | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | No | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 81 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | easyMarkets | 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 | easyMarkets | 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 | easyMarkets | 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 | easyMarkets Review | RoboForex Review |
| Overall | easyMarkets | RoboForex | |
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| Trust Score | 84 | 73 | |
| Winner | check_circle | ||
| Review | easyMarkets Review | RoboForex Review |
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