Compare Brokers
We help you pick the best broker for your needs with our broker comparison tool. Select 2 brokers and see exactly what makes them different.
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RoboForex
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Exness
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RoboForex is a registered online broker since 2009 under the IFSC in Belize. Traders can select from five different account types (Prime, ECN, R StocksTrader, ProCent, Pro). These accounts allow trades starting from 0.01 lots and offer spreads beginning from 0 pips. In addition to the original service, RoboForex has expanded its platform by introducing the trading of CFDs and by developing a stock trading platform, including the CopyFX system. | Established in 2008, Exness is a respected broker known for offering over 40 account currencies, a wide choice of CFD instruments, and an intuitive web platform with features like currency converters and trading calculators. | |
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures | CFDs on Forex, Stocks, Indices, Commodities, Crypto |
| Demo Account | ✓ | ✓ |
| Minimum Deposit | $10 | Varies based on the payment system |
| Trading Platforms | R StocksTrader, MT4, MT5, TradingView | Exness Trade App, Exness Terminal, MT4, MT5, TradingCentral |
| Payment Methods | Alipay, AstroPay, Cashu, ecoPayz, Giropay, iDeal, MoneyGram, Neteller, Perfect Money, POLi, Rapid Transfer, SafeCharge, Skrill, Sofort, Trustly, Vietcombank Transfer, Visa, Volet, WeChat Pay, Wire Transfer | Bitcoin Payments, JCB Card, Mastercard, Neteller, Perfect Money, Skrill, Sticpay, Visa, WebMoney, Wire Transfer |
| Minimum Trade | 0.01 Lots | 0.01 Lots |
| Regulator | IFSC | FCA, FSCA, CMA, FSA, CBCS, BVIFSC, FSC, JSC |
| Account Currencies | USD, EUR | USD, EUR, GBP, CAD, AUD, NZD, INR, JPY, ZAR, MYR, IDR, CHF, HKD, SGD, AED, SAR, HUF, BRL, NGN, THB, VND, UAH, KWD, QAR, KRW, MXN, KES, CNY |
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| Mobile Apps | iOS & Android, R StocksTrader | iOS & Android |
| App Review | RoboForex offers excellent iOS and Android platforms for short-term trading, including MT4 and MT5. The R StocksTrader app impresses with its wide stock and ETF options, portfolio analytics, customizable watchlists, an events tracker, and fast, reliable trading. However, it lacks the popular cTrader app preferred by many traders. | Exness Trade provides a comprehensive mobile trading experience with quick execution, hundreds of tradable CFDs, and easy-to-use charts powered by TradingView. With over 10 million downloads, it is ideal for traders who want to manage accounts and seize market opportunities on the go. |
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| Margin Trading | ✓ | ✓ |
| Account Types | STP, ECN, MAM, LAMM | STP, ECN |
| AI / Machine Learning | ✗ | ✗ |
| Robo Advisor | ✗ | ✗ |
| Negative Balance Protection | ✓ | ✓ |
| Market Maker | ✗ | ✓ |
| P2P Trading | ✗ | ✗ |
| Spot Trading | ✓ | ✓ |
| Auto Trading | Expert Advisors (EAs) on MetaTrader, Strategy Builder in R StocksTrader | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | ✓ | ✓ |
| Copy Trading Platform | RoboForex’s CopyFX service is tailored for currency traders, offering flexible fund control. The 'Rating' view presents useful metrics on master traders, such as profit/loss, maximum drawdown, balance, and number of trades over periods from 1 week to 6 months. However, the signup process and resources are complex, which might confuse new investors, and the interface lacks the smooth experience offered by leaders like eToro. | Exness has added a unique copy trading feature to its web platform and mobile app. It is user-friendly, but the performance statistics for strategies could be more detailed to better help investor decisions. |
| Social Trading | ✓ | ✓ |
| Trade Signals | ✓ | |
| VPS Hosting | ✓ | ✓ |
| Tournaments | ✗ | ✗ |
| Demo Competitions | ✓ | ✗ |
| Ethical Investing | ✗ | ✗ |
| Custodial Account | ✗ | ✗ |
| Guaranteed Stop Loss | ✗ | ✗ |
| Inactivity Fee | $0 | $0 |
| Islamic Account | ✓ | ✓ |
CFD Trading | ||
RoboForex provides over 12,000 CFDs, which include forex, stocks, indices, commodities, futures and ETFs. Traders can start with a $10 deposit and enjoy high leverage of up to 1:2000. Despite its offerings, RoboForex has slower execution speeds of 1-3 seconds, compared to IC Market's 0.35 seconds. This could affect traders who employ quick strategies. | Exness offers CFDs on forex, stocks, indices, commodities, and cryptos with up to 1:2000 leverage for advanced traders, featuring over 100 technical indicators in its own platform. | |
| Leverage | 1:2000 | 1:Unlimited |
| FTSE Spread | 15.2 | |
| GBPUSD Spread | 0.4 | 0.0 |
| Oil Spread | 1.7 | 0.0 |
| Stocks Spread | 0.01 | 0.5 (Apple Inc.) |
Forex Trading | ||
RoboForex provides trading options for over 30 currency pairs. It also has competitive average spreads of 0.1 pips on the EUR/USD for Prime and ECN accounts. Traders can start using the CopyFX system, a tool that replicates the strategies of experienced traders, with just a $100 minimum investment. | Exness provides about 100 forex pairs, more than many brokers we reviewed, with competitive spreads on major pairs starting at 0.1 pips. Traders also have access to strong forex analysis tools, including market news from FXStreet. | |
| GBPUSD Spread | 0.4 | 0.0 |
| EURUSD Spread | 0.1 | 0.0 |
| EURGBP Spread | 0.4 | 0.0 |
| Assets | 30+ | 100+ |
| Currency Indices | USD | |
Cryptocurrency Trading | ||
Exness offers popular crypto-fiat pairs with zero swap fees and no commissions on Standard accounts, available on desktop and mobile apps. Crypto deposits are available in some regions, and reduced Bitcoin spreads increase its appeal for traders. | ||
| Crypto Spread | Variable | Floating |
| Crypto Coins | No | BTC, ETH |
| Crypto Lending | ✗ | ✗ |
| Crypto Mining | ✗ | ✗ |
| Crypto Staking | ✗ | ✗ |
| Auto Market Maker | ✗ | ✗ |