Compare FXCC vs RoboMarkets - Trading Brokers Comparison

Compare FXCC vs RoboMarkets

FXCC vs RoboMarkets Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT445+CySEC
$100MT4, MT5, R Trader11,000+CySEC, IFSC

FXCC vs RoboMarkets Comparison

Both brokers offer ECN trading, with low spreads plus a commission charge. FXCC can provide ECN trading on one of its account types, with no commission charge (and low spreads). Both offer a range of markets, though RoboMarkets can offer a wider range and more individual markets to trade. Both brokers are regulated by the CySEC in Cyprus. RoboMarkets is also regulated by the IFSC in Belize.

ECN conditions

Each allows scalping, news trading and automated trading.

Quick comparison

Both offer ECN trading on MT4, RoboMarkets also has it on MT5. On R Trader, RoboMarkets can offer many more markets.

Minimum deposit and account types

The minimum deposit for FXCC is $100. The minimum deposit for RoboMarkets is $100.

  • FXCC offers three account types, the ECN Standard account which has a minimum deposit of $100, the ECN XL account which has a minimum deposit of $500 and the ECN Advanced account which has a minimum deposit of $100,000.
  • All FXCC account types provide ECN/STP order execution, micro lots (0.01 lots), free technical analysis, allow scalping and EAs and provide a personal account manager. All trading styles are allowed at FXCC, hedging is supported and a news feed and analysis is available on the website. The ECN Advanced account allows Indices trading and has lower commission charges.
  • RoboMarkets offers accounts based around its three platforms, MT4, MT5 and R Trader. MT4 and MT5 each offer a Pro-Standard, Pro-Cent and Pro-ECN account. MT4 additionally offers a Fix-Cent, a Fix-Standard, and ECN-Pro NDD and an ECN-Fixed Spread NDD and an MT4 Prime account. RoboMarkets's R Trader is a web trading platform, which has many more markets available than the other accounts. RoboMarkets also offers a CopyFX account (which supports transaction copying) and a RAMM account (which supports strategy copying).
  • RoboMarkets's minimum deposit for all accounts except MT4 Prime is $100. The minimum deposit for MT4 Prime is $5,000. The Prime account is an ECN account with lower commission charges. RoboMarkets offers an Islamic (Swap Free) version for some of these accounts. Micro lot trading is available.
  • RoboMarkets provides RoboForex Analytics on its website. This offers a range of tools including analysis, signals, videos and education. It offers StrategyQuant for building MT4 robots and the R Trader Strategy Builder.

Markets

  • FXCC offers 50 covering Forex, Indices, Precious Metals on the ECN Advanced account.
  • FXCC provides 30 covering Forex and Precious Metals on the ECN Standard and the ECN XL account.
  • RoboMarkets's Cent account offers Forex and Precious Metals for a total of 35+.
  • RoboMarkets's Standard and ECN accounts offer Forex, Indices, Cryptocurrencies, Energy and Precious Metals, for a total of 45+.
  • On its R Trader account, RoboMarkets offers Forex, Indices, Cryptocurrencies, Stocks and ETFs, for a total of 11,000+.

FXCC provides 25+ Forex pairs, RoboMarkets provides 45+ Forex pairs (on R Trader).

Cryptocurrency CFDs

  • RoboMarkets offers Bitcoin, Ethereum, Litecoin, Ripple, Dash, Bitcoin Cash, EOS, Bitcoin Gold, Golem, IOTA, NEO, OmiseGO, Qtum and Monero.

Spreads and leverage

  • Spreads at FXCC are variable and are from 0.1 for EUR/USD (with a typical range under normal market conditions of 0.2-0.6) and around 0.25 for Gold.
  • On RoboMarkets's Pro-Cent and Pro-Standard accounts, the average spread for EUR/USD is 1.6 and Gold 2.23. On the ECN accounts the minimum spread for EUR/USD is 0.1, Gold 0.8 and US Crude Oil 0.01. On the Prime account, the minimum spread for EUR/USD is 0.0, Gold 0.4 and US Crude Oil 0.01.

Maximum leverage for FXCC is . Maximum leverage for RoboMarkets (CySEC regulated) is .

Commissions

  • FXCC's ECN Standard account charges commissions of 0.75 pips per lot per side for Forex and $7.50 per lot per side for Metals.
  • For deposits of less than or equal to $10,000, FXCC's ECN XL account does not charge commissions and for deposits greater than $10,000 the ECN XL account charges commissions of 0.3 pips per lot per side.
  • FXCC's ECN Advanced account charges commissions of 0.4 pips per lot per side for Forex and $4 per lot per side for Metals, Energy and Indices.
  • RoboMarkets commission are $2 per lot per side for its ECN accounts except for its Prime account where they are $1.5 per lot per side.

Platforms

FXCC provides MT4 desktop and MT4 apps. RoboMarkets offers MT4 and MT5 desktop, MT4 and MT5 apps, an MT4 web trader and R Trader.

Comparison summary

  • These brokers offer ECN trading
  • Both can provide low spreads plus a commission charge
  • FXCC can also offer low spreads without a commission charge on one of its account types
  • Both provide MT4
  • RoboMarkets also offers MT5 and R Trader
  • RoboMarkets can provide more markets to trade overall, including R Trader
  • Both are CySEC regulated

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