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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FBS
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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. | Founded in 2009, FBS is a celebrated CFD broker active in more than 150 countries, serving over 27 million traders. Traders receive around-the-clock support, including market analysis, trading calculators, and competitive pricing without any commissions. | |
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures | CFDs, Forex, Indices, Shares, Commodities |
| Demo Account | ✓ | ✓ |
| Minimum Deposit | $10 | $5 |
| Trading Platforms | R StocksTrader, MT4, MT5, TradingView | FBS App, MT4, MT5 |
| 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 | AstroPay, Bitwallet, Credit Card, Debit Card, Doku Wallet, FasaPay, JCB Card, M-Pesa, Maestro, Mastercard, Neteller, Perfect Money, PIX Payment, Rapid Transfer, Skrill, Sticpay, Visa, Wire Transfer |
| Minimum Trade | 0.01 Lots | 0.01 Lots |
| Regulator | IFSC | ASIC, CySEC, FSC |
| Account Currencies | USD, EUR | USD, EUR |
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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. | FBS offers an intuitive app for traders of all levels, available on Android and iOS. It is user-friendly with quick trade execution speeds starting at 0.01 seconds, giving excellent control over trading strategies. Experienced traders will benefit from support for MetaTrader 4 (MT4) and MetaTrader 5 (MT5) apps, which include advanced charting and Expert Advisors (EAs). |
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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. | |
| Social Trading | ✓ | ✗ |
| Trade Signals | ✓ | MT4 & MT5 |
| 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. | FBS is a CFD broker that lets you predict price changes in different assets like forex, commodities, indices, and stocks, without actually possessing them. Unfortunately, there's no chance to trade ETFs, bonds, or options. Even so, traders find considerable value in FBS's competitive spreads and substantial leverage up to 1:3000 (limited at 1:30 for EU traders). Additionally, FBS doesn't charge any inactivity or withdrawal fees. | |
| Leverage | 1:2000 | 1:30 (EU & Restricted Countries), 1:3000 (Global) |
| FTSE Spread | 0.0 | |
| GBPUSD Spread | 0.4 | 0.6 |
| Oil Spread | 1.7 | 0.0 |
| Stocks Spread | 0.01 | Variable |
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. | FBS provides a wide range of 72 major, minor, and exotic trading options with competitive spreads averaging 0.7 pips for EUR. Traders have access to beneficial forex market tools and resources, such as calculators and a comprehensive forex course. | |
| GBPUSD Spread | 0.4 | 0.6 |
| EURUSD Spread | 0.1 | 0.5 |
| EURGBP Spread | 0.4 | 2.1 |
| Assets | 30+ | 70+ |