Your capital is at risk. Trade only with funds you can afford to lose.
RoboForex
#4 in our CFD broker rankings
Accepts traders from WS
RoboForex Ltd and its affiliates do not target EU/EEA/UK clients. Please be aware that you are able to receive investment services from a third-country firm at your own exclusive initiative only, taking all the risks involved.
Rating breakdown
- Regulation & trust3.30.8 lower than Exness (4.1)
- Assets & markets4.0same as Exness (4.0)
- Fees & costs3.80.2 lower than Exness (4.0)
- Platforms & tools4.20.3 higher than Exness (3.9)
- Accounts & banking4.30.1 lower than Exness (4.4)
- Education4.10.8 higher than Exness (3.3)
- Research4.40.1 higher than Exness (4.3)
- Customer support4.60.1 higher than Exness (4.5)
Exness’s score. Numbers show the difference.
Exness
#34 in our CFD broker rankings
Accepts traders from WS
Rating breakdown
- Regulation & trust4.10.8 higher than RoboForex (3.3)
- Assets & markets4.0same as RoboForex (4.0)
- Fees & costs4.00.2 higher than RoboForex (3.8)
- Platforms & tools3.90.3 lower than RoboForex (4.2)
- Accounts & banking4.40.1 higher than RoboForex (4.3)
- Education3.30.8 lower than RoboForex (4.1)
- Research4.30.1 lower than RoboForex (4.4)
- Customer support4.50.1 lower than RoboForex (4.6)
RoboForex’s score. Numbers show the difference.
| RoboForex | Exness | |
|---|---|---|
| Overview | RoboForex is an online broker, established in 2009 and registered with the FSC in Belize. Traders can choose from five accounts (Prime, ECN, R StocksTrader, ProCent, Pro) catering to different needs with trades from 0.01 lots and spreads from 0 pips. RoboForex has also enhanced its offering over the years, adding CFD instruments and launching its stock trading platform, plus the CopyFX system. | Established in 2008, Exness has maintained its position as a highly respected broker, standing out with its industry-leading range of 40+ account currencies, growing selection of CFD instruments, and intuitive web platform complete with useful extras like currency convertors and trading calculators. |
| Customer Reviews | Based on 26 customer reviews | Based on 2 customer reviews |
| Trustpilot Score | ||
| Bonus Offer | $30 Deposit Bonus | – |
| Promotions | – | |
| Comment by Reviewer | “RoboForex is great if you want a vast range of 12,000+ day trading markets with ECN accounts, powerful charting and loyalty promotions. It also stands out for stock traders with its user-friendly R StocksTrader platform, featuring 3,000+ shares, fees from $0.01 and sophisticated watchlists.” | “After slashing its spreads, improving its execution speeds and support trading on over 100 currency pairs with more than 40 account currencies to choose from, Exness is a fantastic option for active forex traders looking to minimize trading costs.” |
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| Instruments | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Crypto | CFDs on Forex, Stocks, Indices, Commodities, Crypto |
| Demo Account | Yes | Yes |
| Minimum Deposit | $10 | $10 (varies by account and payment method) |
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| Payment Methods | Visa, Mastercard, JCB, Wire Transfer, Bitcoin, USDT, USDC, Netteller, Skrill, Perfect Money, Sticpay, Webmoney, BinancePay, local payment systems based on countries | |
| Minimum Trade | 0.01 Lots | 0.01 Lots |
| Regulator | FSC | FSCA, CMA-Kenya, FSA, CBCS, BVIFSC, FSC, JSC, FCA (B2B only), CySEC (B2B only) |
| Margin Trading | Yes | Yes |
| STP Account | Yes | Yes |
| ECN Account | Yes | Yes |
| DMA Account | No | No |
| MAM Account | Yes | No |
| PAMM Account | No | No |
| LAMM Account | Yes | No |
| Demat Account | No | No |
| AI / Machine Learning | No | No |
| Robo Advisor | No | No |
| Negative Balance Protection | Yes | Yes |
| Market Maker | No | Yes |
| P2P Trading | No | No |
| Spot Trading | Yes | No |
| Mobile Apps | iOS & Android, R StocksTrader, Telegram Mini App | iOS & Android |
| App Review | RoboForex continues to excel with its wide range of iOS and Android-friendly platforms to meet short-term trading needs, including MT4 and MT5. The R StocksTrader app performed particularly well during testing, with a vast selection of stocks and ETFs, portfolio analytics, customizable watchlists, an events tracker, plus a fast and dependable mobile trading environment. The only notable absence in the RoboForex offering is the increasingly popular cTrader app, that's favored by many day traders. | Exness Trade offers the complete mobile trading experience, delivering the broker's fast execution speeds, hundreds of tradable CFDs and user-friendly, TradingView-powered charts right from your palm. Downloaded more than 10 million times, it's an excellent option for active traders looking to manage their accounts and capitalize on market opportunities on the move. |
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| Auto Trading | Expert Advisors (EAs) on MetaTrader, Strategy Builder in R StocksTrader | Expert Advisors (EAs) on MetaTrader |
| Copy Trading | Yes | Yes |
| Copy Trading Platform | RoboForex’s CopyFX service is designed specifically for currency traders with flexible control over your funds. The ‘Rating’ view provides helpful metrics on master traders, notably profit/loss, maximum drawdown, balance and number of trades spanning time intervals from 1 week to 6 months. That said, the joining process and resources are convoluted, which may confuse newer investors, while the interface trails the smooth user experience provided by category leaders like eToro. | Exness supports user-friendly copy trading through a dedicated service with a huge community, as well as via MetaTrader signals, giving hands-off trader a choice of tested routes to replicate the positions of more experienced traders. |
| Social Trading | Yes | Yes |
| Trade Signals | Yes | Signals through Trading Central |
| VPS Hosting | Yes | Yes |
| Tournaments | No | No |
| Demo Competitions | Yes | No |
| Ethical Investing | No | No |
| Custodial Account | No | No |
| Guaranteed Stop Loss | No | No |
| Inactivity Fee | $0 | $0 |
| Islamic Account | Yes | Yes |
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| CFD Trading | ||
| Overview | RoboForex offers a growing suite of over 12,000 CFDs, encompassing forex, stocks, indices, commodities, futures and ETFs. With an initial deposit of $10 and micro lot trading through to margin access, RoboForex caters to a broad range of derivative traders. On the downside, analysis reveals execution speeds of 1-3 seconds, noticeably slower than IC Markets at 0.35 seconds, and suboptimal for fast-paced strategies like scalping. | Exness provides CFDs on forex, stocks, indices, commodities, and cryptos with leverage for advanced day traders and featuring over 100 technical indicators in its proprietary terminal. |
| Leverage | 1:2000 | 1:Unlimited (via offshore entities) |
| FTSE Spread | 17.5 | 9.8 |
| GBPUSD Spread | 0.4 | 0.6 |
| Oil Spread | 1.7 | 0.20 |
| Stocks Spread | 0.01 | 0.5 (Apple Inc.) |
| Forex Trading | ||
| Overview | RoboForex offers trading on 30+ currency pairs, trailing category leaders like Pepperstone with its 90+ forex assets. That said, the Prime and ECN accounts feature competitive average spreads of 0.1 pips on the EUR/USD. Additionally, with a minimum investment of $100, traders can utilize the CopyFX system to replicate the strategies of seasoned currency traders. | Exness offers an impressive selection of around 100 forex pairs - more than most brokers we've evaluated - along with competitive spreads on major pairs starting as low as 0.1 pips. Additionally, traders benefit from a robust suite of forex analysis tools, including market news powered by FXStreet. |
| GBPUSD Spread | 0.4 | From 0.0 |
| EURUSD Spread | 0.1 | From 0.0 |
| EURGBP Spread | 0.4 | From 0.0 |
| Assets | 30+ | 100+ |
| Currency Indices | – |
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| Cryptocurrency | ||
| Overview | RoboForex has launched 24/7 CFD crypto trading for popular tokens, including Bitcoin, Ethereum, and Cardano. Transparent fees, margin trading opportunities, and the reliable RoboForex execution make it suited to active crypto traders. Crypto trading is on select accounts like Pro, ProCent, and ECN accounts, alongside leverage up to 1:500 for BTC/ETH. | Exness provides a selection of popular crypto-fiat pairs with zero swap fees and no commissions on Standard accounts, accessible via desktop and mobile apps. Crypto deposits are available in certain regions, and reduced Bitcoin spreads have enhanced its appeal for active traders. |
| Spread | Variable | 10.0 (BTC/USD) |
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| Crypto Lending | No | No |
| Crypto Mining | No | No |
| Crypto Staking | No | No |
| Auto Market Maker | No | No |
RoboForex Ltd and its affiliates do not target EU/EEA/UK clients. Please be aware that you are able to receive investment services from a third-country firm at your own exclusive initiative only, taking all the risks involved.