RoboForex (RoboMarkets) vs FXOpen Comparison
Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare RoboForex (RoboMarkets) vs FXOpen.
Does RoboForex (RoboMarkets) or FXOpen offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, FXOpen
offers better pricing overall for traders.
Is RoboForex (RoboMarkets) or FXOpen safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Both RoboForex (RoboMarkets) and FXOpen hold [Variable A] global Tier-2 licenses.
Which trading platform is better: RoboForex (RoboMarkets) or FXOpen?
To compare the trading platforms of both RoboForex (RoboMarkets) and FXOpen, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, RoboForex (RoboMarkets) offers a better experience. With research, RoboForex (RoboMarkets) offers superior market research. Finally, we found RoboForex (RoboMarkets) to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both RoboForex (RoboMarkets) and FXOpen offer MetaTrader 4 (MT4).RoboForex (RoboMarkets) and FXOpen both offer copy trading.
How many forex pairs and CFDs are available to trade?
RoboForex (RoboMarkets) provides traders 36 currency pairs (e.g., EUR/USD) compared to FXOpen's 25 available pairs. Forex pairs aside, RoboForex (RoboMarkets) offers traders access to 12000 CFDs while FXOpen has 87 available CFDs, a difference of 11913.
Can I trust RoboForex (RoboMarkets)?
RoboForex is not publicly traded and does not operate a bank. RoboForex is authorised by zero tier-1 regulators (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust).
Can I trust FXOpen?
FXOpen is not a publicly traded company, doesn't operate a bank, and is authorised by two tier-1 regulators (high trust), one tier-2 regulator (average trust), and zero tier-3 regulators (low trust). FXOpen is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA).
Is RoboForex (RoboMarkets) good?
Is FXOpen good?
FXOpen is a long standing MetaTrader broker with a narrow offering and few benefits beyond a standard MetaTrader experience coupled with social-trading platforms ZuluTrade and Myfxbook.
Overall winner: RoboForex (RoboMarkets)
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