FXOpen vs RoboForex - Compare Trading Brokers

FXOpen vs RoboForex | Online Brokerage Comparison

FXOpen vs RoboForex Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulation
$10MT4, cTrader, R Trader Web Trader, MT59000+IFSC

FXOpen vs RoboForex Comparison

Both of these brokers offer MT4 ECN trading. RoboForex additionally provides MT5 (the successor to MT4), cTrader and R Trader. On all these platforms both brokers allow the use of online trading robots. The platforms additionally let the trader build their own robots. Both have a similar number of markets, except on R Trader, where RoboForex can offer many more.

RoboForex has a minimum trade size lower than micro lots (FXOpen's minimum trade size) as it offers a Cent account, which allows smaller trade sizes and has a lower minimum deposit. Both brokers offer a relatively wide range of Cryptocurrency CFDs. When trading a Crypto CFD, the trader does not own any cryptocurrency and thus does not need a wallet.

FXOpen is regulated by the FCA in the United Kingdom, the ASIC in Australia and the FSRC in Nevis. RoboForex is regulated by the IFSC in Belize.

Quick comparison

Each offers MT4, while RoboForex additionally provides MT5, cTrader and R Trader. Both offer ECN trading accounts. RoboForex has a lower minimum deposit.

Minimum deposit and key account features

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

  • FXOpen offers three accounts types, ECN, STP and Crypto. The ECN account charges commissions on its markets, the STP does not charge commissions. The ECN account has a wider range of market available. The Crypto account is an STP account which additionally offers a range of Cryptocurrencies (which have a commission charge). The minimum trade size is 0.01 lots. Market news and analysis are available via RSS and an economic calendar is provided on FXOpen's website.
  • RoboForex offers accounts based around its four platforms, MT4, MT5, cTrader and R Trader. cTrader has an ECN-Pro and Pro-Standard account. MT4 and MT5 each offer a Pro-Standard, Pro-Cent and ECN-Pro account. MT4 additionally offers an MT4 Prime account. RoboForex's R Trader 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 Trader and MT4 Prime is $10. The minimum deposit for R Trader is $100 and MT4 Prime is $5,000. The Prime account is an ECN account with lower commission charges. RoboForex offers an Islamic (Swap Free) version for some of these accounts. Micro lot trading is available.
  • RoboForex provides a range of tools including Analysis, Webinars, Education and an Economic Calendar. It offers the R Trader Strategy Builder for building robots. RoboForex allows EAs and scalping.


  • FXOpen offers Forex, Indices, Energy, Metals and Cryptocurrencies, with 65+ available.
  • RoboForex offers Forex, Indices, Energy, Metals, Cryptocurrencies, Soft Commodities, Stocks and ETFs, for a total of 9,000+.

Cryptocurrency CFDs

  • FXOpen offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Monero, NEO, IOTA, EOS, DASH, Ethereum Classic, Namecoin, Peercoin, Emercoin and OMNI.
  • RoboForex offers Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Monero, NEO, IOTA, EOS, DASH, Bitcoin Gold, QTUM, Golem and OmiseGO.


Maximum leverage for FXOpen (FCA regulated) is . Maximum leverage for RoboForex (IFSC regulated) is 2000:1.


Each offers MT4. RoboForex additionally provides MT5, cTrader and R Trader.

Why FXOpen or RoboForex ?

Both brokers allow the trader to use Expert Advisors (EAs) on MetaTrader 4 (MT4) and offer ECN trading accounts. RoboForex additionally provides MT5 (which also has EAs) and cTrader (which has cBots). R Trader while it provides a web trading platform for traders who wish to have access to a larger number of markets (particularly Stocks CFDs), also supports the building and running of robots (in the case of R Trader, on the cloud). Traders who wish to trade with smaller account sizes and/or smaller trade sizes, could consider RoboForex as it offers a Cent account which allows for trade sizes smaller than micro lots.

Comparison summary

  • Both offer CFD trading
  • Each has a relatively wide range of Crypto CFDs
  • RoboForex also offers Stocks CFDs
  • Each provides MT4
  • RoboForex additionally offers MT5, cTrader and R Trader
  • On R Trader, RoboForex can offer many more markets
  • Both have ECN trading
  • RoboForex has a lower minimum deposit

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