FXCMvs
RoboForexForex Broker Comparison
Two brokers deliver similar overall scores, but their regulatory depth and product range pull in different directions. The tension centers on safety, costs, and market reach.
Our Verdict
Too close to call0.1 pts apart
FXCM and RoboForex are closely matched overall, with RoboForex offering many more instruments (about 9,400) than FXCM (about 400).
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1FXCM has top-tier regulator status; RoboForex does not.
- 2FXCM provides investor compensation scheme; RoboForex provides none.
- 3RoboForex offers 9,400+ instruments vs FXCM's 400.
Who should choose FXCM vs RoboForex?
Find out which broker best suits your trader profile.
Choose FXCM if…
Choose FXCM if you prioritise top-tier regulation and investor compensation. You also get strong APIs and access to MT4 plus Trading Station.
Choose RoboForex if…
Choose RoboForex if you want a wide instrument universe and raw spreads. You also get MT4, MT5, cTrader, and R Trader options.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
RoboForex offers tighter spreads from 0.00 pips vs 0.40 pips for FXCM, reducing trading costs.
Best for safety & regulation
Recommended
FXCM vs RoboForex: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.1/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.1 / 5▲ | 3.6 / 5 |
FXCM vs RoboForex Forex Broker Pros & Cons
Pros
Strong APIs (REST, FIX)
Trading Station + MT4
FCA regulated
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
FXCM vs RoboForex: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
FXCM
criteria wins
2
RoboForex
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | FXCM | 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 | Fail | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | 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 |
FXCM vs RoboForex: Frequently Asked Questions
The scores are close: FXCM rates 4.1/5 and RoboForex rates 4/5. FXCM has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
RoboForex starts from 0 pips, tighter than FXCM's 0.4 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
RoboForex has $10, while FXCM requires at least $50. This makes RoboForex more accessible for traders with limited starting capital.
FXCM holds top-tier regulation (FCA, ASIC), 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.
FXCM lists maximum leverage of 400:1, 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.
RoboForex charges $20 per lot on commission-based accounts. Commission details for FXCM are not currently available. Check their website for up-to-date pricing.
FXCM supports ZuluTrade, Proprietary Web/Mobile, MetaTrader 4, NinjaTrader, while RoboForex supports cTrader, MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4. Both provide Proprietary Web/Mobile and MetaTrader 4. FXCM has exclusive access to ZuluTrade and NinjaTrader. RoboForex has exclusive access to cTrader and MetaTrader 5.
