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 considering online brokers, understanding their commissions and fees is crucial for making informed decisions. RoboForex has an average spread of 1.3 pips for EUR/USD on both its Procent and Pro accounts, which is relatively high. This broker is rated 3.5 stars out of five for commissions and fees, ranking them at 55th out of 63 brokers according to ForexBrokers.com.
On the other hand, GBE brokers do not provide specific data regarding their average spreads, making a direct comparison challenging. However, they seem to offer a more favorable fee structure overall, earning them a higher rating of 4 out of five stars. They rank better at 37th out of 63 brokers in the same category as per ForexBrokers.com's assessment.
In summary, while RoboForex provides detailed spread information, its higher costs affect its rating and ranking. GBE brokers, despite the lack of spread details, manage to secure a better position and rating due to generally more appealing commission and fee conditions.
| 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.
RoboForex and GBE Brokers both offer a platform for trading forex through CFDs or spot contracts. However, when it comes to the variety of tradeable symbols, RoboForex stands out with an impressive collection of 8,400 symbols, dwarfing GBE Brokers’ 500 symbols. In terms of forex pairs, GBE Brokers leads with 71 options compared to RoboForex's 28. Unfortunately, neither broker allows you to buy actual shares or securities on U.S. or international exchanges, so direct stock market investments are off the table. They both do, however, facilitate copy trading, allowing you to replicate successful trading strategies.
For those interested in cryptocurrency, both RoboForex and GBE Brokers provide options through derivatives but do not offer the purchase of actual cryptocurrencies. In terms of range of investments, RoboForex receives a higher accolade with a rating of 4.5 stars, positioning it 20th out of 63 brokers according to ForexBrokers.com. In contrast, GBE Brokers holds a 3.5-star rating and ranks 44th, indicating that RoboForex could be a preferable choice for a broader range of trading opportunities.
| 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 comparing online brokers RoboForex and GBE brokers on their trading platforms and tools, both offer several key features that can cater to the needs of modern traders. RoboForex and GBE brokers each provide access to popular MetaTrader 4 and MetaTrader 5 platforms, which are well-regarded for their wide range of functionalities. Both brokers also give traders the option to engage in simulated trading through free virtual demo accounts, a valuable feature for beginners or those trying out new strategies. While neither broker has developed a proprietary platform, they both support Windows-based desktop downloads and web-based browser trading platforms, offering flexibility in how you choose to trade.
For traders interested in social trading, both RoboForex and GBE brokers include copy trading options but do not offer platforms like DupliTrade or ZuluTrade. In terms of charting tools, both brokers provide 15 drawing tools and grant the ability to trade directly from a chart. Their watch lists are also equally detailed, featuring 7 customizable columns. Rated four stars out of five for their trading platforms and tools, RoboForex and GBE brokers stand on common ground in user satisfaction. However, RoboForex is ranked 43rd, ahead of GBE brokers' 57th place, out of 63 brokers on ForexBrokers.com, suggesting a slight edge in this competitive landscape.
| 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 highly functional mobile trading apps available on iPhone and Android devices. These platforms cater to traders with essential features such as stock and forex price alerts, the capability to draw trendlines, and the ability to view charts across different time frames like daily, weekly, or intraday. Notably, both apps offer 30 technical studies for charting, auto-save drawings, and the option to create watchlists with real-time quotes. Despite differences in their overall rankings, with RoboForex sitting at 43 and GBE brokers at 57 out of 63 brokers on ForexBrokers.com, both earn a commendable 4 out of 5-star rating for their mobile trading apps.
One area where neither RoboForex nor GBE brokers have an edge is in watchlist syncing. While their apps are rich in features, this aspect is slightly lacking as changes to watchlists made within the mobile app do not auto-sync with the client’s online account, and vice versa. Despite this limitation, both apps provide a reliable trading experience, ensuring that traders can stay informed and make timely decisions directly from their mobile devices. Whether you choose RoboForex or GBE brokers, you'll have access to a comprehensive set of tools designed to enhance your mobile trading capabilities.
| 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 RoboForex and GBE brokers for market research offerings, both platforms provide daily market commentary and feature economic calendars with global news events. RoboForex stands out by delivering forex news from top-tier sources like Bloomberg and Reuters, while GBE brokers do not include such premium news services. Additionally, RoboForex offers tools from Trading Central and Acuity Trading, enhancing technical analysis and signal capabilities. In contrast, GBE brokers lack these specific resources but provide a sentiment-based trading tool that highlights long and short position ratios across assets.
In terms of ratings and rankings, RoboForex fares slightly better with a 3.5-star rating for research compared to GBE brokers' 3-star rating. This is reflected in their positions on ForexBrokers.com's list, where RoboForex is ranked #37 out of 63 brokers, whereas GBE brokers hold the #62 spot. Overall, RoboForex offers a broader range of research tools, while GBE brokers focus on sentiment analysis, catering to traders who prioritize this feature.
| 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 comparing RoboForex to GBE Brokers in terms of educational resources for beginners, both platforms have room for improvement. Neither RoboForex nor GBE Brokers offers a minimum of 10 educational materials focused on forex or CFDs, such as articles or videos, to aid new traders. Additionally, neither broker provides monthly online educational webinars or maintains an archive of past webinars for clients to review. For those seeking beginner-focused educational videos, both platforms fall short, lacking even 10 videos tailored to help new traders understand the basics of trading.
Advanced traders looking for more in-depth content will also find these brokers lacking, as neither offers a significant number of advanced educational videos. Furthermore, neither provides a comprehensive investor dictionary with key investment terms. Despite these limitations, RoboForex edges out slightly with a 3.5-star rating in education compared to GBE Brokers' 3-star rating. Rankings by ForexBrokers.com place RoboForex at #56 and GBE Brokers at #63 out of 63 brokers assessed in the education category, highlighting that while both have similar shortcomings, RoboForex is a marginally better choice for educational support.
| 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 63 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 #57.
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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