Written by ForexBrokers.com
In this head to head comparison of RoboForex vs GBE brokers, 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.
RoboForex and GBE brokers are two online brokerage firms offering services to traders worldwide. RoboForex, established in 2009, holds a single Tier-1 license, reflecting a high level of trust according to industry standards. With a ForexBrokers.com Trust Score of 73 out of 99, RoboForex is considered to bear an average risk. Despite not being a publicly traded company or a bank, RoboForex is recognized for its reliable compliance standards, which offer clients a satisfactory degree of safety and credibility.
Founded in 2013, GBE brokers also possess one Tier-1 license, which indicates a similar level of high trustworthiness as seen with RoboForex. Their Trust Score of 71, however, still places them in the average risk category. Like RoboForex, GBE brokers are not publicly traded or bank-affiliated, yet they are committed to upholding stringent regulatory standards. As with any investment choice, assessing regulation and trust scores are vital factors for traders considering either of these brokers.
| Feature |
RoboForex
|
GBE brokers
|
|---|---|---|
| Year Founded | 2009 | 2013 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When comparing the commissions and fees of RoboForex and GBE Brokers, there are notable differences that potential investors should consider. RoboForex offers average spreads of 1.3 pips for EUR/USD on its Procent and Pro accounts, which are relatively high. As a result, RoboForex receives a rating of 3.5 stars out of five in this category. It ranks 54th out of 62 brokers evaluated by ForexBrokers.com for commissions and fees, signaling room for improvement in cost-effectiveness and competitiveness.
In contrast, GBE Brokers, although lacking detailed average spread data, earns a higher rating of 4 stars for its commissions and fees. This rating suggests that GBE Brokers provides more favorable trading conditions compared to RoboForex in terms of cost. GBE Brokers is ranked 37th out of 62 brokers by ForexBrokers.com in the Commissions and Fees category, indicating a more competitive edge over RoboForex in this aspect.
In summary, when evaluating commissions and fees, GBE Brokers edges out RoboForex with a better star rating and ranking. For traders prioritizing lower fees and favorable spreads, GBE Brokers comes across as a slightly more attractive choice, despite the lack of detailed spread data.
| Feature |
RoboForex
|
GBE brokers
|
|---|---|---|
| Minimum Deposit | $100 | $500 |
| Average Spread EUR/USD - Standard | 1.3 | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | No |
| 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 RoboForex and GBE brokers for their available range of investments, RoboForex stands out by offering a vast selection of 8400 tradeable symbols, compared to GBE brokers' 500. However, GBE brokers offer a greater variety of tradeable forex pairs with 71 options, while RoboForex provides 28. Both brokers support forex trading through CFDs or spot contracts, as well as copy trading, which can be appealing to different types of investors. Neither platform offers exchange-traded securities on U.S. or international exchanges, nor do they provide a way to purchase actual cryptocurrencies, focusing instead on cryptocurrency derivatives.
In terms of recognition, RoboForex boasts a rating of 4.5 stars for its range of investments, as opposed to GBE brokers' 3.5 stars. This distinction is echoed in their rankings by ForexBrokers.com, where RoboForex holds the 20th position out of 62 brokers, while GBE brokers rank at 44. This indicates that investors seeking a wider variety of investment opportunities might find RoboForex to be a more suitable choice, although both brokers have distinct offerings that may align with varying trading strategies and preferences.
| Feature |
RoboForex
|
GBE brokers
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8400 | 500 |
| Forex Pairs (Total) | 28 | 71 |
| 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.
When it comes to trading platforms and tools, RoboForex and GBE brokers both offer a comprehensive suite of options that cater to traders of various preferences. Both brokers provide access to popular platforms like MetaTrader 4 and MetaTrader 5, ensuring that traders have access to widely trusted and feature-rich platforms. They also support Windows-based desktop platforms and web-based trading through browsers, giving traders flexibility in how they choose to manage their investments. Moreover, both brokers offer free virtual demo accounts for simulated paper trading, along with the option for copy trading, which is appealing to those who wish to mimic the trades of successful investors.
While neither broker has developed a proprietary trading platform or offers third-party features like DupliTrade and ZuluTrade, they provide practical tools for technical analysis. RoboForex and GBE brokers each offer 15 drawing tools for charting, the capability to trade directly from stock charts, and allow customizable watchlists with seven columns. Despite these similarities, RoboForex holds a slightly higher ranking in the Trading Platforms and Tools category according to ForexBrokers.com, ranked #43 compared to GBE brokers at #57. However, both are rated equally with four stars, reflecting a satisfactory experience across your trading needs.
| Feature |
RoboForex
|
GBE brokers
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | 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) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both RoboForex and GBE Brokers provide convenient mobile trading apps for iPhone and Android, making trading accessible on the go. Users will appreciate the ability to receive stock and forex price alerts, aiding in timely decision-making. Additionally, both apps support creating watchlists with real-time quotes. Chart analysis is enhanced with 30 technical studies available for charting on both platforms, along with the ability to draw trendlines and view various time frames such as daily, weekly, and intraday. Moreover, these drawing features are automatically saved for future reference, adding ease to technical analysis.
While both apps do not support the syncing of watchlist symbols with clients' online accounts, RoboForex and GBE Brokers maintain a solid user experience with these features. Offering similar services and functionalities, each app is rated 4 stars for its mobile trading capabilities. However, in the ForexBrokers.com ranking, RoboForex holds a slight advantage, positioned at #43, whereas GBE Brokers is placed at #57 among 62 brokers. Traders can confidently use either platform for efficient and informative trading, knowing that both deliver significant value in mobile trading.
| Feature |
RoboForex
|
GBE brokers
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 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 RoboForex and GBE Brokers, there are notable differences. Both brokers provide daily market commentary and maintain economic calendars to keep traders informed about global economic events. However, RoboForex delivers a competitive edge by offering forex news from high-profile sources like Bloomberg and Reuters, unlike GBE Brokers. Moreover, RoboForex enhances its research tools with options from Trading Central and Acuity Trading, such as Technical Analytics and Signal Centre. In contrast, GBE Brokers does not utilize these particular resources, though it provides a sentiment-based trading tool to gauge market trends.
RoboForex and GBE Brokers display differing standings when it comes to research ratings and rankings among 62 brokers. RoboForex earns a research rating of 3.5 stars, securing a #37 ranking by ForexBrokers.com, indicating a stronger position in the market research arena. GBE Brokers, meanwhile, receives a slightly lower rating of 3 stars and finds itself at #61 in the same research category rankings. This comparison highlights RoboForex’s more comprehensive suite of research tools and resources, which cater to traders seeking detailed market insights.
| Feature |
RoboForex
|
GBE brokers
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both RoboForex and GBE brokers fall short in offering a substantial variety of learning materials. Neither broker provides at least ten educational pieces focused on forex or CFDs, and both lack regular online client webinars and a searchable archive of past sessions. For those new to trading, neither RoboForex nor GBE brokers deliver a set of ten beginner-oriented videos, making it challenging for inexperienced traders to access comprehensive learning tools.
RoboForex manages to slightly outpace GBE brokers with a rating of 3.5 stars for education, compared to GBE's 3-star rating. Despite this, both brokers lag behind many of their peers, with RoboForex ranked 56th and GBE brokers taking the 62nd spot in the educational category among 62 brokers reviewed by ForexBrokers.com. Thus, those seeking a rich educational experience might look elsewhere for more in-depth resources and learning opportunities.
| Feature |
RoboForex
|
GBE brokers
|
|---|---|---|
| Education (Forex or CFDs) | No | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | No | No |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that RoboForex is better than GBE brokers. RoboForex finished with an overall rank of #46, while GBE brokers finished with an overall rank of #56.
RoboForex (RoboMarkets in the EU) has amassed 12,000 symbols that you can trade across its MetaTrader and cTrader platforms, as well as a stock trading app. That said, with just a few regulatory licenses, the RoboForex and its RoboMarkets brands trail behind the best forex brokers when it comes to their Trust Score.
| Feature |
RoboForex
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GBE brokers
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| Overall Rating |
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| Trust Score | 73 | 71 |
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While both RoboForex and GBE Brokers do not provide the option to purchase actual, delivered cryptocurrencies, they each offer the ability to trade cryptocurrency derivatives, making them suitable choices for clients interested in speculative trading without direct ownership of the assets.
Both RoboForex and GBE brokers provide a robust array of funding options for depositing or withdrawing account funds, including ACH, SEPA transfers, PayPal, Skrill, Visa, Mastercard, and bank wires, making them highly accessible for diverse user needs.
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 | RoboForex | GBE brokers | |
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| Trust Score | 73 | 71 | |
| Winner | check_circle | ||
| Review | RoboForex Review |
| Broker Screenshots | RoboForex | GBE brokers | |
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| Trading Platforms Gallery (click to expand) | |||
| Mobile Trading Gallery (click to expand) | |||
| Research Gallery (click to expand) | |||
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| Regulation | RoboForex | GBE brokers | |
|---|---|---|---|
| Trust Score | 73 | 71 | |
| Year Founded | 2009 | 2013 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | RoboForex | GBE brokers | |
|---|---|---|---|
| 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) | 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) | RoboForex | GBE brokers | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | RoboForex | GBE brokers | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8400 | 500 | |
| Forex Pairs (Total) | 28 | 71 | |
| 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 | RoboForex | GBE brokers | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.3 | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | RoboForex | GBE brokers | |
|---|---|---|---|
| Minimum Deposit | $100 | $500 | |
| 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 | RoboForex | GBE brokers | |
|---|---|---|---|
| Proprietary Platform | No | 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 | RoboForex | GBE brokers | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | RoboForex | GBE brokers | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 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 | RoboForex | GBE brokers | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | RoboForex | GBE brokers | |
|---|---|---|---|
| Education (Forex or CFDs) | No | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | No | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | RoboForex | GBE brokers | |
|---|---|---|---|
| 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 | RoboForex Review |
| Overall | RoboForex | GBE brokers | |
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| Trust Score | 73 | 71 | |
| Winner | check_circle | ||
| Review | RoboForex Review |
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