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Roboforex vs FxPro: A Detailed Comparison

Roboforex is one of the leading Forex brokerage firms with hundreds of thousands of clients around the world. It offers a lot of different services, including trading, passive income opportunities, etc. Roboforex has many awards that confirm the highest level of quality in its features. Our experts have done deep analysis to compare this particular company with FxPro.

General Comparison and Trading Conditions

One of the most popular questions that many traders ask about a particular company is its minimum deposit. Roboforex allows you to start trading with $10. This amount is enough to test the main features of the brokerage firm and even conduct some transactions.

When it comes to FxPro, the minimum deposit here is $100, which is ten times higher. When comparing the two companies, it should be mentioned that Roboforex offers more beneficial minimum deposit conditions, allowing traders to choose which amount they are ready to invest in trading.

Another key feature that should be mentioned here is leverage. Roboforex allows you to trade with a leverage, which is equal to 1:2000. As for FxPro, the credit that you can use here is lower. The leverage is 1:500, which is quite a serious disadvantage as you have fewer trading opportunities when dealing with this brokerage firm.

One more thing to be mentioned here is spreads. Roboforex offers competitive trading commissions as the difference between the bid and the ask price starts at 1.4 pips on average. As for FxPro, trading commissions here are a bit higher. The average spread starts at 2.4 pips.

Trading Assets and Platforms

When comparing Roboforex vs FxPro, we should also mention the number of trading assets. Both companies provide you with the opportunity to trade 200+ assets. The list of trading instruments includes currency pairs, metals, commodities, stokes and indices. In addition to traditional assets, FxPro allows you to buy and sell various cryptocurrencies (via CFDs), which allows you to better diversify your trading portfolio.

As for trading platforms, both companies provide their clients with enough pieces of trading software so you can choose what is most appropriate for you. In particular, Roboforex offers MT4, MT5, cTrader, and R StocksTrader, as well as a proprietary trading platform, designed especially for Roboforex clients’ purposes.

As for FxPro, the brokerage company offers MT4, MT5 and a multiterminal. While the choice of platforms is not as broad as Roboforex offers, FxPro gives you enough opportunities to trade your favourite assets.

Final Thoughts

When comparing FxPro with Roboforex, it should be mentioned that the latter has some advantages when it comes to trading conditions and other features. Roboforex allows you to start with $10 only and offers a broad range of trading platforms that you can use to trade various currencies as well as stocks.