Compare FXCM Vs RoboForex: Which is the Better Forex Broker in 2023?
FXCM Vs RoboForex, 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 FXCM Vs RoboForex, here is the direct comparison:
|❗Information||Testimonials (23), News (15), Articles (1), Bonus (1), Contests (3)||Testimonials (57), News (30), Bonus (6), Promotions (9), Contests (10)|
|💲 Min Deposit||$1||$10|
|⚖ Max Leverage||1:400||1:2000|
|💡 Min Position||0.01 lot||0.01 lot|
|💳 Payment||Skrill, Wire transfer, Credit/debit cards and Neteller||Skrill, Credit/debit cards, Neteller, UnionPay, Western Union, Perfect Money, Boleto Bancário, Local bank transfer, AdvCash and AstroPay|
|🧩 Demo Account|
|📁 Segregated Account|
|🕋 Islamic Account|
|👨💻 PAMM Account|
|📈 Managed Account|
|🇺🇸 US traders|
|🏆 Trading contests|
|⚡ Automated trading|
|💰 Bonus offers|
|📖 Free education|
|1️⃣ One-click trading|
|⏱ Trailing stop|
|⏳ Pending orders|
|Gold & Silver|
|🗣 Website Languages||Arabic, German, Greek, English, Spanish, French, Italian, Hebrew, Portuguese, Swedish, Chinese||English, Spanish, Thai, Ukrainian, Vietnamese|
|🚪 Trade Now||Open FXCM||Open RoboForex|
Genuine Trading Tips
I wonder how I got so many phone call after...
They never accept my account and when I ask for...
First, the price is far, very far from the real...
trustworthy good broker
Smooth experience by far
See More FXCM Testimonials
See More RoboForex Testimonials
RoboForex Introduces a Performance Fee for Copying Trades
FXCM Releases New Platforms to Help with Expansion
RoboForex Enhances Partner Commission for Gold and Other Assets
Thomas Felber Joins FXCM to Lead the Production Team
Chief Information Officer Ryan Leonard Leaves FXCM
Jemal Shelonov Appointed Sales VP of FXCM Pro
FXCM Announces Most Popular Stocks Traded on its Platform in November
RoboForex Becomes Main Sponsor of FC Cienciano
RoboForex Earns Two Titles from Global Forex Awards 2022
See More Related FXCM News
See More Related RoboForex News
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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, FXCM provides their pricing with Fixed spread while RoboForex offers Variable spread.
FXCM vs RoboForex: 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, FXCM enables trading with MetaTrader 4 (Limited with 30 days), Trading Station II (Limited with 30 days), MirrorTrader, NinjaTrader. The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, RoboForex provides trading with MetaTrader 4, MetaTrader 5, R StockTrader with the support of One-click trading, Pending orders.
Is FXCM or RoboForex 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, FXCM supports trading with Forex, CFD, Stocks, Agriculture, Gold & silver, Oil, Indexes, Spread betting, Crypto, while RoboForex presents the ability of trading with Forex, Gold & silver, CFD, Metals, Indexes, ETF.
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 FXCM and RoboForex:
- Compare FXCM vs Ovalx
- Compare FXCM vs Exness
- Compare FXCM vs FIBOGroup
- Compare RoboForex vs Bdswiss
- Compare RoboForex vs Tickmill
- Compare RoboForex vs Axi
For more comparisons, visit this page.