In this matchup, FXTM and RoboForex trade blows on regulation strength and platform choices. The axis of tension is protection versus execution costs and instrument variety.
FXTM edges RoboForex on editorial score due to stronger, top-tier regulation and investor protection, while RoboForex remains competitive with ECN execution and a broader instrument universe.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
RoboForex offers tighter spreads from 0.00 pips vs 1.50 pips for FXTM, reducing trading costs.
| Editorial score | 4.2/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.2 / 5▲ | 3.6 / 5 |
Pros
Low $10 minimum deposit on Micro accounts
Strong copy trading via FXTM Invest platform
Extensive education, webinars, video courses, and market analysis
Multilingual support in 20+ languages
Regulated by top-tier authorities (FCA, ASIC, CySEC)
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | FXTM | 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 | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
The scores are close: FXTM rates 4.2/5 and RoboForex rates 4/5. FXTM 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 FXTM's 1.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Both FXTM and RoboForex require a minimum deposit of $10 to open a live trading account.
FXTM holds top-tier regulation (FCA, FSCA, 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, both brokers provide negative balance protection. Also compare demo account availability and educational resources on each broker's site before deciding.
FXTM lists maximum leverage of 1000:1, 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 FXTM are not currently available. Check their website for up-to-date pricing.
FXTM supports MetaTrader 5, MetaTrader 4, while RoboForex supports cTrader, MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. RoboForex has exclusive access to cTrader and Proprietary Web/Mobile.
FXTM wins for safety and regulation due to FCA/CySEC licensing and investor compensation coverage.
RoboForex wins for active traders with 9400 instruments and ECN options.
RoboForex is better suited for scalpers: tighter spreads from 0.00 pips.
RoboForex wins for platform choice with cTrader and R Trader alongside MT4/MT5.
FXTM wins for beginners with a low $10 minimum and strong education.
RoboForex wins for instrument variety with 9400 tradable instruments.
Fees & Spreads 30% weight | 3.9 / 5 | 3.9 / 5 |
|---|
Platforms & Tools 20% weight | 4.0 / 5 | 4.2 / 5▲ |
|---|
Customer Support 10% weight | 4.3 / 5▲ | 4.0 / 5 |
|---|
| Founded | 2011 | 2009 |
|---|
| Headquarters | Limassol, Cyprus | Belize City, Belize |
|---|
| Min Deposit | $10 | $10 |
|---|
| Spreads From | 1.5 pips | 0 pips▼ lower |
|---|
| Commission / lot | N/A | $20/lot |
|---|
| N/A | 2 pips |
| Max Leverage | 1,000:1 | 2,000:1▲ higher |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerFasaPay | Bank transferCredit cardDebit cardSkrillNetellerWebMoneyPerfect MoneyCrypto |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerFasaPay | Bank transferCredit cardSkrillNetellerWebMoneyPerfect MoneyCrypto |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FCA FSCA CySEC FSC | FSCA CySEC IFSC |
|---|
| Platforms | MetaTrader 5 MetaTrader 4 | cTrader MetaTrader 5 Proprietary Web/Mobile MetaTrader 4 |
|---|
| Active bonuses |
|---|
Client funds held in segregated accounts
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
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
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
Standard account spreads are not ECN-competitive
Platform choice limited to MT4 and MT5
Mauritius FSC entity offers less investor protection than FCA/CySEC
No proprietary platform
Limited charting capabilities
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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