FXCC vs RoboForex - Compare Trading Brokers

FXCC vs RoboForex | Trading Brokers Comparison
FXCC vs RoboForex Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsAbout
$100
Minimum Deposit
MT4
Trading Platform
90+
Markets To Trade
FXCC offers MT4 trading, including automated trading, with variable spreads from 0 without a commission charge
About
$10
Minimum Deposit
MT4, MT5, cTrader, R StocksTrader, cTrader
Trading Platforms
12,000+
Markets To Trade
RoboForex provides trading on MT4, MT5, cTrader and R StocksTrader, with automated trading on all these platforms and has social and copy trading via CopyFX
About

FXCC vs RoboForex Comparison

Both brokers offer MT4 trading and ECN accounts. RoboForex provides the successor to MT4, MT5 along with cTrader and R StocksTrader. All these platforms allow both automated and non-automated trading.

On all accounts except for R StocksTrader, these brokers have a similar number of markets to trade, but on R StocksTrader, RoboForex has many more. On MT4, RoboForex has a wider range of markets.

FXCC offers its ECN XL trading account which can offer low Forex spreads, without a commission charge, but there are restrictions in terms of the account size.

RoboForex has a lower minimum deposit and offers a Cent account which allows the trader to trade with trade sizes smaller than micro lots on MT4 and MT5. This means that traders can potentially trade with a smaller account size.

FXCC is regulated by the CySEC in Cyprus. RoboForex is regulated by the IFSC in Belize.

Quick comparison

Each has ECN MT4 trading. RoboForex also offers MT5, cTrader and R StocksTrader and has 12,000+ CFDs to trade on R StocksTrader.

Minimum deposit and key account features

The minimum deposit for FXCC is $100. The minimum deposit for RoboForex is $10.

  • FXCC provides three account types. These are the ECN Standard account, the ECN XL account and the ECN Advanced account. FXCC's ECN XL account has a minimum deposit of $100, the ECN Standard account has a minimum deposit of $10,000 and the ECN Advanced account has a minimum deposit of $100,000. In some regions, there is only the ECN XL account, and it has no minimum deposit.
  • All FXCC account types provide the MT4 platform, ECN/STP order execution, mobile trading, free technical analysis, SMS notifications, VPS, Economic Calendar and Trading Tools, allow Expert Advisors, scalping and hedging and provide a personal account manager. The ECN XL account additionally can offer zero commissions (T&Cs apply) and zero mark-up. The ECN Advanced account provides more markets to trade than the other account types (200+ vs 30). All trading styles are allowed at FXCC and a news feed and analysis is available on the website.
  • RoboForex offers accounts based around its four platforms, MT4, MT5, cTrader and R StocksTrader. cTrader has ECN and Pro-Standard accounts. MT4 and MT5 each offer Pro-Standard, Pro-Cent and ECN accounts. MT4 additionally offers MT4 and MT5 Prime accounts. RoboForex's R StocksTrader is a web trading platform, which has many more markets available than the other accounts. RoboForex also offers a CopyFX account (which supports transaction copying) and a RAMM account (which supports strategy copying).
  • RoboForex's minimum deposit for all accounts except R StocksTrader is $10. The minimum deposit for R StocksTrader is $100. The Prime account is an ECN account with lower commission charges. RoboForex offers an Islamic (Swap Free) version for some of these accounts. The minimum trade size is 0.0001 lots.
  • RoboForex provides a range of tools including Analysis, Webinars, Education and an Economic Calendar. It offers the R StocksTrader Strategy Builder for building robots. RoboForex allows EAs and scalping.

Markets

  • RoboForex offers Forex, Metals, Indices, Stocks, Cryptocurrencies and ETFs, with 12,000+ avaiable.
  • On the ECN Standard and the ECN XL account, FXCC offers 25+, covering Forex and Metals. On the ECN Advanced account, FXCC has 200+ markets including Indices.
  • In some regions, FXCC offers Forex, Metals, Indices, Stocks and Cryptocurrencies, with 90+ available.
FXCC vs RoboForex Summary Table
BrokerTrading PlatformsDescription
FXCC
Broker
MT4
Trading Platform
FXCC can offers its MT4 ECN XL account, which can offer spreads from 0, without a commission charge
Description
RoboForex
Broker
MT4, MT5, cTrader, R StocksTrader
Trading Platforms
RoboForex provides trading on MT4, MT5, cTrader and R StocksTrader (including automated trading) and can offers 12,000+ Stocks CFDs on R StocksTrader
Description

Spreads and leverage

  • Both brokers may offer very low Forex spreads for the most liquid Forex pairs, plus a commission charge. RoboForex also offers Forex spreads without a commission charge from 1.3 and FXCC can also offer very low Forex spreads without a commission charge.
  • Maximum leverage for FXCC (CySEC regulated) is . Maximum leverage for RoboForex (IFSC regulated) is 2000:1.

Commission charge

  • FXCC's ECN XL account does not charge commissions.
  • FXCC's ECN Standard account charges commissions of 0.75 pips per lot per side for Forex and $7.5 per lot per side for Metals.
  • 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.
  • RoboForex's commissions are $2 per lot per side for its ECN accounts except for its Prime account where they are $1.5 per lot per side.

Online trading platforms

Both provide MT4. RoboForex additionally offers MT4, MT5, cTrader and R StocksTrader.

Why FXCC or RoboForex ?

Traders who want to trade on MT4 can do sto at either. Traders who want to trade on MT5, can do this at RoboForex. Traders who want to trade on cTrader or R StocksTrader can also find these platforms at RoboForex. Traders who want to trade on a Cent account or to trade 12,000+ Stocks CFDs may do so at RoboForex. Traders who want to trade on an account with spreads from 0, without a commission charge, can find the ECN XL account at FXCC.

Comparison summary

  • Both provide CFD trading
  • Each offers MetaTrader 4 (MT4)
  • RoboForex also provides MetaTrader 5 (MT5) and cTrader
  • RoboForex additionally offers R StocksTrader, with a large offering of markets to trade
  • FXCC provides its ECN XL account which can have low spreads, without a commission charge