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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Fusion Markets
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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. | Fusion Markets, an online broker since 2017, is regulated by the ASIC, VFSC and FSA. Known for its low-cost forex and CFD trading, it offers a variety of accounts and copy trading options for all types of traders. New traders can register and begin trading in three easy steps. | |
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures | CFDs, Forex, Stocks, Indices, Commodities, Crypto |
| Demo Account | ✓ | ✓ |
| Minimum Deposit | $10 | $0 |
| Trading Platforms | R StocksTrader, MT4, MT5, TradingView | MT4, MT5, cTrader, TradingView, DupliTrade |
| 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, Bitcoin Payments, Credit Card, Debit Card, Doku Wallet, Dragonpay, Ethereum Payments, FasaPay, JetonCash, Mastercard, Neteller, PayID, PayPal, Perfect Money, Skrill, Sticpay, TransferWise, Visa, Wire Transfer |
| Minimum Trade | 0.01 Lots | 0.01 Lots |
| Regulator | IFSC | ASIC, VFSC, FSA |
| Account Currencies | USD, EUR | USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD |
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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. | Fusion Markets integrates smoothly with cTrader, MT4, MT5, and TradingView on Android and iOS. The MetaTrader app feels outdated, impacting user experience, despite its excellent charts, news stream, and alerts. The cTrader app performed better in tests, with a superior design and over 70 indicators and 26 timeframes, ideal for advanced traders. |
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| Margin Trading | ✓ | ✓ |
| Account Types | STP, ECN, MAM, LAMM | ECN, MAM, PAMM |
| 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, cBots on cTrader |
| 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. | The broker's native trading platform, Fusion+, provides easy access to skilled traders at low costs and with a simple follower process. Additionally, DupliTrade, an independent tool, links novice investors and experienced traders, offering a variety of automated options to suit different tastes. |
| 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. | You can trade a variety of CFDs including forex, commodities, stocks, indices, and cryptocurrencies. Leverage up to 1:500 is accessible for experienced traders in certain regions, while newcomers can use micro-lots. There are no limits on short-term CFD trading strategies. | |
| Leverage | 1:2000 | 1:500 |
| FTSE Spread | 1.0 | |
| GBPUSD Spread | 0.4 | 0.13 |
| Oil Spread | 1.7 | 2.0 |
| Stocks Spread | 0.01 | 0.01 |
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. | Fusion Markets provides a wide array of over 90 currency pairs, offering numerous trading opportunities. The company stands out for its ultra-narrow spreads, starting as low as 0.0 pips, along with very low commissions of $2.25 per side. The platform also offers access to the premier forex software, MetaTrader 4. | |
| GBPUSD Spread | 0.4 | 0.13 |
| EURUSD Spread | 0.1 | 0.05 |
| EURGBP Spread | 0.4 | 0.09 |
| Assets | 30+ | 90+ |
Cryptocurrency Trading | ||
Fusion Markets provides well-recognized cryptocurrency tokens paired with USD and allows up to 1:10 leverage based on your location. Bitcoin spreads begin at a competitive rate of 0.04%. The platform also stands out for its high-quality charting tools in MT4, MT5, cTrader, and TradingView. | ||
| Crypto Spread | Variable | From 0.04% |
| Crypto Coins | No | BTC, BCH, ADA, ETH, LTC, EOS, XLM, DOT, LNK, AVAX, SOL, MATIC, DOGE, BNB |
| Crypto Lending | ✗ | ✗ |
| Crypto Mining | ✗ | ✗ |
| Crypto Staking | ✗ | ✗ |
| Auto Market Maker | ✗ | ✗ |