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 in terms of commissions and fees, it's clear that FOREX.com offers a variety of account types to cater to different trading needs. While it is one of the top market maker brokers, it comes with slightly higher costs compared to the industry average, except for traders outside the U.S. who enjoy average spreads of 0.74 pips on the EUR/USD. The newly launched RAW Spread account offers lower spreads, starting from 0.13 pips for EUR/USD, but includes a commission, making it more suitable for active traders taking advantage of volume-based rebates.
FOREX.com's Standard account option available for MetaTrader users might not be appealing to those averse to higher spreads, with the EUR/USD spread averaging 1.4 pips. Meanwhile, the RAW account targets high-volume trades with potential rebates up to $9 per million for the highest tier. However, for traders handling less than $50 million monthly, the all-in costs are comparable to the Standard account. With a robust range of offerings, FOREX.com secures a 4.5-star rating and ranks 13 out of 63 brokers for commissions and fees.
On the other hand, RoboForex presents average spreads of 1.3 pips for their Procent and Pro accounts, which are relatively higher. With fewer options for reducing trading costs, RoboForex is rated 3.5 stars and ranks 55 out of 63 brokers in the Commissions and Fees category. This makes it less competitive than FOREX.com for traders seeking cost-efficiency, especially when trading in high volumes.
| 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 comparing the range of investments available at FOREX.com and RoboForex, both platforms provide opportunities for forex trading, whether through CFD or spot contracts. FOREX.com offers a vast array of 5,500 tradeable symbols, including an impressive 80 forex pairs, providing traders with extensive choices. Although it does not allow for the purchase of exchange-traded securities on U.S. or international exchanges, FOREX.com supports cryptocurrency derivatives. The platform does not offer copy trading, though its comprehensive range of investments still garners it a high rating of 5 stars and a category ranking of #7 out of 63 brokers according to ForexBrokers.com.
In contrast, RoboForex provides an even wider selection of tradeable symbols, totaling 8,400, though it offers fewer tradeable forex pairs, numbering 28. Like FOREX.com, it does not support the purchase of exchange-traded securities on U.S. or international exchanges. However, RoboForex enhances its offerings with copy trading and, like FOREX.com, supports cryptocurrency derivatives rather than the actual cryptocurrencies. Despite receiving slightly fewer accolades in its starred rating at 4.5, and a Range of Investments ranking of #20 by ForexBrokers.com, RoboForex's diverse investment options make it a competitive choice.
| Feature |
FOREX.com
|
RoboForex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 8400 |
| Forex Pairs (Total) | 80 | 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 strong options for traders seeking effective platforms and tools. Each provides a virtual demo account, allowing users to practice their strategies before committing real funds. While both brokers offer desktop and web-based trading platforms, FOREX.com stands out with its in-house developed proprietary platform, providing unique features tailored specifically for their clients. In contrast, RoboForex offers established platforms like MetaTrader 4 and 5, catering to those who prefer globally recognized software. Notably, RoboForex offers copy trading, allowing users to mimic successful trading strategies from other investors, a feature not available with FOREX.com.
Comparing charting capabilities, FOREX.com leads with an extensive array of 239 drawing tools, compared to RoboForex's 15, offering more flexibility to seasoned traders. Both brokers allow trading directly from stock charts, facilitating quick and informed decision-making. When it comes to watch lists, FOREX.com again outpaces RoboForex, providing 20 columns compared to RoboForex’s 7, aiding in more comprehensive market analysis. Reflected in their ratings and rankings, FOREX.com has a 5-star rating and ranks 7th out of 63 brokers, showcasing its superior trading platforms and tools. Meanwhile, RoboForex holds a respectable 4-star rating and ranks 43rd, indicating solid offerings with room for growth in comparison.
| 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 the mobile trading apps of FOREX.com and RoboForex, both platforms offer a comprehensive experience for iPhone and Android users. They provide essential features like price alerts and the ability to draw trendlines, as well as access to multiple time frames for chart analysis. Moreover, both apps ensure your convenience by auto-saving chart drawings and allowing you to create watchlists with real-time quotes.
However, differences emerge in charting capabilities and watchlist syncing. FOREX.com stands out with its offering of 88 technical studies, substantially more than RoboForex's 30. Additionally, FOREX.com's app syncs watchlist symbols seamlessly with a client's online account, an advantage RoboForex does not offer. Reflecting their superior feature set and user satisfaction, FOREX.com is rated a full 5 stars and ranked third among 63 brokers for mobile trading apps by ForexBrokers.com, while RoboForex earns 4 stars and rests at the 43rd position.
| 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 offer daily market commentary and access to top-tier forex news sources such as Bloomberg, Reuters, and Dow Jones. This ensures users have constant updates and vital information at their fingertips. While both platforms provide technical analysis tools from Trading Central, only FOREX.com offers a sentiment-based trading tool, giving traders unique insights into market sentiment and trading positions across currency pairs. In contrast, RoboForex stands out by integrating research tools from Acuity Trading, such as Signal Centre, adding an additional layer of analysis capability for its users.
When it comes to comprehensive market research offerings, FOREX.com is rated higher with 4.5 stars compared to RoboForex's 3.5 stars, reflecting its broader range and quality of tools. Ranked #9 out of 63 brokers by ForexBrokers.com in the Research category, FOREX.com outshines RoboForex, which holds the #37 spot. Both platforms include an economic calendar for monitoring global news events, but overall, FOREX.com's extensive research features make it a stronger choice for those who prioritize advanced insights and trader sentiment tools in their market research strategy.
| 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.
For beginners eager to dive into the world of forex and CFDs, FOREX.com emerges as a prime choice due to its comprehensive educational resources. It provides more than ten pieces of educational content, including articles, videos, and archived webinars. With a monthly schedule of online educational webinars, beginners can stay up-to-date with the latest knowledge and strategies. Additionally, a searchable archive allows clients to access previously recorded sessions for learning at their own pace. FOREX.com also offers more than ten beginner-focused videos, along with another set for seasoned traders. This ensures a resource-rich environment for traders at every stage. The platform is further enhanced by an investor dictionary featuring over 50 terms to help new traders grasp the essential jargon. Consequently, FOREX.com is rated a commendable 4.5 stars for its educational offerings, securing the 4th spot out of 63 brokers in this category on ForexBrokers.com.
On the other hand, RoboForex provides limited educational support for those new to trading. The platform lacks the breadth of resources seen with FOREX.com, offering fewer than ten educational materials on forex and CFDs. Monthly educational webinars, a searchable webinar archive, and a sufficient library of both beginner and advanced trading videos are noticeably absent. Furthermore, RoboForex does not provide an investor dictionary, which can be a vital tool for mastering industry terms and concepts. With these limitations, RoboForex holds a 3.5-star rating for education and ranks 56th among 63 brokers in educational provision according to ForexBrokers.com. This comparison sharply highlights the substantial resources FOREX.com offers to foster an enriching learning experience for budding traders.
| 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 63 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) | 80 | 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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