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.
When comparing the online brokers FxPro and RoboForex, there are several key points to consider, especially regarding regulatory information. Founded in 2006, FxPro is a well-established financial brokerage company and a bank. RoboForex, on the other hand, was established in 2009 and operates solely as a broker without banking functions. Neither of the companies is publicly traded. FxPro holds two Tier-1 licenses and one Tier-2 license, positioning it as a more trusted option within the industry, as per ForexBrokers.com's rating system. Conversely, RoboForex holds one Tier-1 license and lacks any Tier-2 licenses.
In terms of trustworthiness, FxPro stands out with an impressive Trust Score of 93 out of 99, categorizing it as highly trusted. Meanwhile, RoboForex earns a Trust Score of 73, indicating an average level of risk. These trust metrics are essential for traders seeking reliable and secure platforms for their trading activities, offering a clear perspective of each broker's level of regulatory oversight and trust in the financial industry.
| Feature |
FxPro
|
RoboForex
|
|---|---|---|
| Year Founded | 2006 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | Yes | 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.
When comparing FxPro and RoboForex in terms of trading platforms and tools, both brokers cater to users with a wide array of features. They both provide free virtual demo accounts, allowing traders to hone their skills without financial risk. While FxPro shines with its proprietary platform created in-house, RoboForex lacks this feature. Despite this, both brokers offer Windows-based desktop platforms and web-based platforms accessible from any browser, ensuring flexibility for traders. Additionally, both FxPro and RoboForex support MetaTrader 4 (MT4) and MetaTrader 5 (MT5), along with copy trading options, making them versatile choices for different trading styles.
FxPro and RoboForex each offer the ability to trade directly from a stock chart, though they differ in their charting tools. FxPro provides 25 drawing tools compared to RoboForex's 15, giving users more options for technical analysis. However, RoboForex has a slight edge in watch lists, offering 7 columns as opposed to FxPro's 6. Both have received a respectable 4-star rating for their trading platforms and tools. Yet, in a ranking of 62 brokers, FxPro takes a higher position at 17th place, while RoboForex is ranked 43rd, highlighting FxPro's strong position in this competitive field.
| 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.
When comparing the market research offerings of FxPro and RoboForex, both brokers provide valuable resources for traders, but there are some key differences. Traders choosing either platform can benefit from daily market commentary and forex news from top-tier sources like Bloomberg and Reuters. Additionally, both platforms integrate Trading Central tools for technical analysis. However, FxPro distinguishes itself by offering a sentiment-based trading tool that reveals the ratio of long or short positions across currency pairs, a feature not available with RoboForex.
Despite both brokers providing economic calendars to track global news events, they differ in their additional research tools. RoboForex includes research tools from Acuity Trading, while FxPro does not. This difference in offerings is reflected in their ratings: FxPro scores 4 stars for research, ranking 26th among 62 brokers according to ForexBrokers.com, whereas RoboForex earns a 3.5-star rating and ranks 37th. These differences highlight FxPro’s slight edge in research capabilities, which might appeal to traders valuing sentiment analysis and comprehensive market insight.
| 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.
FxPro stands out as a great option for beginners wanting to learn about forex and CFDs trading. They offer over ten educational pieces, such as articles, videos, and archived webinars, making it easier for newcomers to understand the fundamentals. FxPro also features a searchable archive of previously recorded webinars, allowing users to revisit key topics at their convenience. Moreover, they provide a variety of beginner-focused videos, along with a comprehensive investor dictionary with over 50 terms, assisting those who are new to trading to get up to speed quickly. Because of these offerings, FxPro receives a strong rating of 4 stars for education and is ranked 18th out of 62 brokers in the Education category by ForexBrokers.com.
In contrast, RoboForex presents fewer educational resources for beginners. They do not meet the benchmark of ten educational pieces focusing on forex or CFDs and lack a searchable archive of past webinars. Similarly, RoboForex does not provide at least ten beginner videos or an investor dictionary with extensive term definitions. Although they don't offer regular webinars or advanced video content, RoboForex still achieves a decent education rating of 3.5 stars and ranks 56th out of 62 brokers according to ForexBrokers.com. While suitable for some traders, RoboForex may not be the first choice for those keen on a comprehensive educational foundation.
| 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
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RoboForex
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| Trust Score | 93 | 73 |
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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.
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0 of 5| Overall Rating | FxPro | RoboForex | |
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| Trust Score | 93 | 73 | |
| Winner | check_circle | ||
| Review | FxPro Review | RoboForex Review |
| Broker Screenshots | FxPro | RoboForex | |
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| Regulation | FxPro | RoboForex | |
|---|---|---|---|
| Trust Score | 93 | 73 | |
| Year Founded | 2006 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | Yes | 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 |
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| Trust Score | 93 | 73 | |
| Winner | check_circle | ||
| Review | FxPro Review | RoboForex Review |
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