This comparison pits FP Markets against RoboForex, testing how trust, pricing, and platform choice influence active traders' decisions.
FP Markets outpaces RoboForex on the editorial score (4.5 vs 4.0) and has top-tier regulation. RoboForex offers high leverage and a broad instrument range, but is not classified as top-tier regulated.
Find out which broker best suits your trader profile.
Choose FP Markets if…
Choose FP Markets for top-tier regulation and investor compensation protection. It also offers segregated client funds and 10,000 instruments.
Choose RoboForex if…
Choose RoboForex if you want very high leverage up to 2000:1 and a proprietary R Trader platform. It also provides 9,400 instruments.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Both brokers offer spreads from 0.00 pips.
| Editorial score | 4.5/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.6 / 5▲ | 3.6 / 5 |
Pros
True ECN pricing from 0.0 pips + $6 round-turn commission
Supports MT4, MT5, and cTrader, all three major platforms
IRESS platform for direct-access share CFD trading
Strong ASIC and CySEC regulation
Client funds held in segregated accounts
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | FP Markets | RoboForex |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Fail |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Fail |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
FP Markets rates 4.5/5 versus 4/5 for RoboForex. FP Markets edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
Both FP Markets and RoboForex start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
RoboForex has $10, while FP Markets requires at least $100. This makes RoboForex more accessible for traders with limited starting capital.
FP Markets holds top-tier regulation (ASIC, CySEC), providing stronger investor protections. RoboForex may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
For beginners, two factors stand out: RoboForex requires a lower minimum deposit ($10), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
FP Markets lists maximum leverage of 500:1, while RoboForex lists up to 2000:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
FP Markets charges $6 per lot, lower than RoboForex's $20 per lot. Lower commissions benefit active traders who execute many trades per day.
FP Markets supports cTrader, IRESS, MetaTrader 5, TradingView, MetaTrader 4, while RoboForex supports cTrader, MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4. Both provide cTrader and MetaTrader 5 and MetaTrader 4. FP Markets has exclusive access to IRESS and TradingView. RoboForex has exclusive access to Proprietary Web/Mobile.
FP Markets wins for safety and regulation with top-tier oversight and segregated funds.
FP Markets offers true ECN pricing and multiple platforms ideal for active trading.
FP Markets is better suited for scalpers: lower commission ($6/lot).
FP Markets provides a broader platform set including IRESS and TradingView.
RoboForex is best for beginners due to the low $10 minimum deposit.
FP Markets leads instrument variety with about 10,000 instruments.
Fees & Spreads 30% weight | 4.5 / 5▲ | 3.9 / 5 |
|---|
Platforms & Tools 20% weight | 4.4 / 5▲ | 4.2 / 5 |
|---|
Customer Support 10% weight | 4.3 / 5▲ | 4.0 / 5 |
|---|
| Founded | 2005 | 2009 |
|---|
| Headquarters | Sydney, Australia | Belize City, Belize |
|---|
| Min Deposit | $100 | $10▼ lower |
|---|
| Spreads From | 0 pips | 0 pips |
|---|
| Commission / lot | $6/lot▼ lower | $20/lot |
|---|
| 0.6 pips▼ lower | 2 pips |
| Max Leverage | 500:1▲ higher | 2,000:1 |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerPOLiPayPal | Bank transferCredit cardDebit cardSkrillNetellerWebMoneyPerfect MoneyCrypto |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerPOLi | Bank transferCredit cardSkrillNetellerWebMoneyPerfect MoneyCrypto |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | ASIC CySEC | FSCA CySEC IFSC |
|---|
| Platforms | cTrader IRESS MetaTrader 5 TradingView MetaTrader 4 | cTrader MetaTrader 5 Proprietary Web/Mobile MetaTrader 4 |
|---|
| Active bonuses |
|---|
Negative balance protection
Investor compensation scheme coverage
Raw spread account available
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
12,000+ instruments including real stocks and ETFs
cTrader available with full Level II and cAlgo
Multiple account types from Cent to ECN
R Trader proprietary platform with built-in analytics
Client funds held in segregated accounts
Negative balance protection
Raw spread account available
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Cons
IRESS platform has a monthly fee for lower-volume traders
Customer support primarily oriented toward Australian trading hours
Not available to US residents
No proprietary platform
Cons
Primary entity uses IFSC Belize, offshore, limited protection
ECN commission of $20 round-turn is higher than IC Markets ($7)
Very high leverage (2000:1) amplifies risk significantly
No top-tier regulatory licence
No investor compensation scheme
Dig deeper into each broker’s features, fees, and regulation.
Score 4 / 5
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