FXTM vs RoboForex Forex Broker Comparison
A head-to-head comparison of FXTM and RoboForex across regulation, trading costs, platforms, and editorial scoring.
CySEC and FCA-regulated broker with broad emerging-market reach, strong copy trading via MyFXBook integration, and a low $10 minimum deposit that makes it accessible to first-time traders.
VS
IFSC Belize-regulated broker with a genuine ECN/STP execution model, multiple platform options including cTrader, and a broad 12,000+ instrument range that goes beyond most forex-focused competitors.
Our Verdict
FXTM winsby 0.2 pts
FXTM edges ahead with a score of 4.2/5 vs RoboForex's 4/5. A narrow margin, so review the breakdown below to see where each broker has a clear advantage.
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 pips vs 1.5 pips for FXTM, reducing trading costs.
Best for safety & regulation
Recommended
FXTM has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.
Best for platform choice
Recommended
RoboForex offers more exclusive platform options: cTrader, Proprietary Web/Mobile, a proprietary platform.
Best for beginners
Recommended
FXTM edges out RoboForex with a higher editorial score (4.2/5 vs 4/5), indicating a stronger overall experience for new traders.
FXTM vs RoboForex: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.2/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.2 / 5▲ | 3.6 / 5 |
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 |
| Commission / lot | N/A | $20/lot |
| Max leverage | 1000:1 | 2000:1 |
| Withdrawal fee | Free | Free |
| Regulators | FCA FSCA CySEC FSC | FSCA CySEC IFSC |
| Platforms | MetaTrader 4 MetaTrader 5 | MetaTrader 4 MetaTrader 5 cTrader Proprietary Web/Mobile |
| Active bonuses | ||
| Visit broker | Visit FXTM | Visit RoboForex |
FXTM vs RoboForex Forex Broker Pros & Cons
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)
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
FXTM vs RoboForex: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
FXTM
criteria wins
2
RoboForex
criteria wins
Highlighted rows show where the two brokers differ
| 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 |
FXTM vs RoboForex: Frequently Asked Questions
Based on our independent editorial scoring, FXTM ranks higher with a score of 4.2/5 vs 4/5 for RoboForex. The best choice still depends on your individual trading needs; FXTM and RoboForex may each suit different trader profiles.
RoboForex offers tighter spreads starting from 0 pips, compared to FXTM's spreads from 1.5 pips. Tighter spreads lower the cost per trade, particularly valuable 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. Always verify regulatory status with the broker directly before depositing funds.
For beginners: both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.
FXTM offers maximum leverage of 1000:1, while RoboForex offers up to 2000:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
RoboForex charges $20 per lot on commission-based accounts. Commission details for the other broker are not currently available. Check their website for up-to-date pricing.
FXTM supports MetaTrader 4, MetaTrader 5 and RoboForex offers MetaTrader 4, MetaTrader 5, cTrader, Proprietary Web/Mobile; both support MetaTrader 4, MetaTrader 5; RoboForex exclusively offers cTrader, Proprietary Web/Mobile.
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