Compare RoboForex Vs FXOpen: Which is the Better Forex Broker in 2024?
RoboForex Vs FXOpen, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between RoboForex Vs FXOpen, here is the direct comparison:
Compare | RoboForex | FXOpen |
General Rating |
3.07/5 |
2.86/5 |
Score | ||
Trustpilot |
4.2/5 409 users |
4.2/5 12 users |
πΌ Regulation | ||
β Info | ||
β Established | 2009 | 2003 |
π² Min Deposit | $50 | $1 |
β Max Leverage | 1:400 | 1:500 |
π’ Spread | Variable | Variable |
πΈ Commissions | $1.50 | |
π‘ Min Position | 0.01 lot | 0.01 lot |
π³ Payment | Skrill, Credit/debit cards, Neteller, UnionPay, Western Union, Perfect Money, Boleto BancΓ‘rio, Local bank transfer, AdvCash and AstroPay | Wire transfer, Credit/debit cards, FasaPay, Crypto, Litecoin, Ethereum, Crypto Cash, Tether (USDT), WebMoney and AdvCash |
π’ Office(s) |
𧩠Demo Account | ||
π Segregated Account | ||
π Islamic Account | ||
π¨βπ» PAMM Account | ||
π Managed Account |
π± Hedging | ||
πΊπΈ US traders | ||
π Swaps |
π Trading contests | ||
β‘ Automated trading | ||
π° Bonus offers | ||
π Free education |
1οΈβ£ One-click trading | ||
β± Trailing stop | ||
β³ Pending orders |
Forex | ||
CFD | ||
Indexes | ||
Spread Betting | ||
Gold & Silver | ||
Crypto | ||
Stocks | ||
Oil | ||
Metals | ||
Energies | ||
Futures | ||
ETF | ||
Options | ||
Agriculture | ||
Commodities | ||
Stock | ||
Indices | ||
Etf | ||
Bonds | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
Silver | ||
Index | ||
Physical Stock |
π£ Website Languages | English | Arabic, German, English, Spanish, French, Hungarian, Indonesian, Italian, Russian, Chinese, Portuguese, Thai, Turkish |
πͺ Trade Now | Open RoboForex | Open FXOpen |
Compare Again
Testimonials
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RoboForex: transparent broker
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RoboForex: reliable
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RoboForex: I have had a positive experience with RoboForex
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RoboForex: exceptional customer service
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RoboForex: satisfied with services
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FXOpen: With them since 2018
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FXOpen: Good ECN Account
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FXOpen: Bad support
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FXOpen: FXOpen review
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FXOpen: Better than the rumour
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See More RoboForex Testimonials
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See More FXOpen Testimonials
News
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Earn Passive Profits to 80% with RoboForex Infinity Program
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FXOpen UK Forex Broker Reports 5.5% Revenue Increase
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FXOpen Introducing New ETF CFDs, Opening Doors to American, Chinese, and Indian Markets
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RoboForex Launches Commission Schemes for CopyFX Traders
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RoboForex Crowned the Best Partner Program Global 2023
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FCA Exposed RoboxFX as RoboForex Clone
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RoboForex Wins Best Copy Trading and Best Multi-Asset Trading in 2023
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RoboForex Awarded the Best Trading Conditions by IBM
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Automated EA and Indicator Script Now Available in FXOpen
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See More Related RoboForex News
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See More Related FXOpen News
Article
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RoboForex Mobile App: a Comprehensive Review for Traders
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How to Open Account in RoboForex
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How to Deposit and Withdraw in RoboForex
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1 Million USD from RoboForex: New Promotion for Partners
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Start Trading and Earn 60% Profit Share with RoboForex
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Get $30 to Trade with RoboForex Welcome Bonus
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Your Guide to FXOpen Forex Contests in 2023
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FXOpen Vs Tickmill for Cryptocurrency Trading
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Is FXOpen PAMM Service Worth It?
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See More Related RoboForex Article
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See More Related FXOpen Article
Bonus
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RoboForex: 60% Tradable Profit Share Bonus
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RoboForex: VPS free
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RoboForex: NEW $30 NO DEPOSIT BONUS
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RoboForex: Receive up to 40% of Additional Payouts from RoboForex VIP Program
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RoboForex: 15% Cash - Back Rebate Service
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RoboForex: Up to 10% of Extra Funds on Account Balance
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RoboForex: Receive On Deposit Bonus up to 120%
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See More RoboForex Bonus
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- Comparison List
Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, RoboForex provides their pricing with Variable spread while FXOpen offers Variable spread.
RoboForex vs FXOpen: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, RoboForex enables trading with MetaTrader 4, MetaTrader 5, R StockTrader, Web, Social trading. The offer is supported with . In comparison, FXOpen provides trading with MetaTrader 4 (Limited with 30 days), MetaTrader 5 (Limited with 30 days), TickTrader (Limited with 30 days), TradingView, Web with the support of One-click trading, Trailing stop, Pending orders.
Is RoboForex or FXOpen better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, RoboForex supports trading with ETF, Energies, Indexes, Stocks, Oil, Gold & silver, Forex, Metals, while FXOpen presents the ability of trading with Crypto, Etf, Commodities, Forex, Gold & silver, CFD, Oil, Stocks, Indexes, Energies.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
Looking for more references? Here are other comparisons related to RoboForex and FXOpen:
- Compare RoboForex vs Axi
- Compare RoboForex vs FP Markets
- Compare RoboForex vs Tickmill
- Compare FXOpen vs Exness
- Compare FXOpen vs Pepperstone
- Compare FXOpen vs XM
For more comparisons, visit this page.