Compare Forexee vs RoboMarkets
What is Forexee? What is RoboMarkets?
Forexee is an ECN/DMA online foreign exchange forex broker and currency trading platform that has been operating since 2004. Forexee offers access to over 50 currency pairs, as well as metals, energy, and cryptocurrencies.
RoboMarkets is a multi-asset broker that provides online trading services for stocks, indices, metals, energy, commodities, forex, and cryptocurrencies. RoboMarkets was founded in 2013 and is regulated by the Cyprus Securities and Exchange Commission (CySEC).
Best Forex Brokers Ranking
| Rank | Broker | Review | Open Account | Bonus | Platform | Minimum Deposit | ECN |
|---|---|---|---|---|---|---|---|
| 1 | Exness |  | Open Exness account | 16$/lot | MT4, MT5, Exness, ... | 1$ | 10$ |
| 2 | IC Markets | | Open IC Markets account | - | MT4, MT5, cTrader | 200$ | 200$ |
| 3 | XM | | Open XM account | 30$ | MT4, MT5 | 5$ | - |
| 4 | XTB | | Open XTB account | 2000$ | MT4, xStation 5 | 1$ | 1$ |
| 5 | FBS | | Open FBS account | 140$ | MT4, MT5, FBS Trader | 1$ | 1000$ |
Forexee vs RoboMarkets Regulation Comparison
Forexee is regulated by the Financial Services Authority (FSA) of Saint Vincent and the Grenadines under license number 21697 IBC 2013. Forexee is also registered as a financial investment firm in Estonia under the Ministry of Economic Affairs.
RoboMarkets is regulated by the CySEC under license number 191/13 and is a member of the Investor Compensation Fund (ICF). RoboMarkets is also registered with the National Securities Market Commission (CNMV) of Spain and other European regulators.
Forexee vs RoboMarkets Trading Assets Comparison
Forexee offers trading on over 50 currency pairs, including majors, minors, and exotics, as well as metals (gold and silver), energy (oil and natural gas), and cryptocurrencies (Bitcoin, Ethereum, Litecoin, and Ripple).
RoboMarkets offers trading on over 12,000 instruments, including more than 3,000 stocks from NYSE and NASDAQ, over 30 indices from global markets, metals (gold, silver, palladium, and platinum), energy (oil, natural gas, ethanol, and heating oil), commodities (coffee, sugar, cocoa, cotton, etc.), forex (over 40 currency pairs), and cryptocurrencies (Bitcoin, Ethereum, Litecoin, Ripple, etc.).
Forexee vs RoboMarkets Trading Fees Comparison
Forexee charges commissions from $1 per lot on ECN accounts and from $2.5 per lot on STP accounts. Forexee does not charge any commissions on Crypto accounts but applies a markup on the spread. Forexee also charges swap fees for holding positions overnight and may apply other fees such as inactivity fees or withdrawal fees.
RoboMarkets charges commissions from $2 per lot on ECN accounts and from $4 per lot on Prime accounts. RoboMarkets does not charge any commissions on Pro accounts but applies a markup on the spread. RoboMarkets also charges swap fees for holding positions overnight and may apply other fees such as inactivity fees or withdrawal fees. RoboMarkets offers zero commission trading on certain US stocks on R StocksTrader platform.
Forexee vs RoboMarkets Account Types Comparison
Forexee offers four types of accounts: ECN, STP, Crypto, and PAMM. ECN accounts are suitable for professional traders who want to trade with tight spreads and low commissions. STP accounts are suitable for traders who want to trade with fixed spreads and no requotes. Crypto accounts are suitable for traders who want to trade with cryptocurrencies. PAMM accounts are suitable for investors who want to copy the trades of successful managers.
RoboMarkets offers five types of accounts: Pro, ISK for Stocks and ETFs, R StocksTrader for Stock Trading, Prime, and ECN. Pro accounts are suitable for traders with different levels of experience who want to trade with floating spreads and market execution. ISK accounts are suitable for Swedish clients who want to trade US stocks and ETFs with improved conditions. R StocksTrader accounts are suitable for traders who want to trade stocks with zero commission and no financing fees. Prime accounts are suitable for traders who want to trade with premium conditions such as tight spreads and low commissions. ECN accounts are suitable for professional traders who want to trade with interbank liquidity and fast execution.
Forexee vs RoboMarkets Deposit Options Comparison
Forexee offers various deposit and withdrawal options such as bank wire transfer, credit/debit cards (Visa/Mastercard), electronic payment systems (Skrill/Neteller/WebMoney/Perfect Money/FasaPay), cryptocurrencies (Bitcoin/Ethereum/Litecoin/Ripple), and local payment methods (PayCo/Payeer/UnionPay).
RoboMarkets offers various deposit and withdrawal options such as bank wire transfer, credit/debit cards (Visa/Mastercard/Maestro), electronic payment systems (Skrill/Neteller/WebMoney/Perfect Money/FasaPay), cryptocurrencies (Bitcoin/Ethereum/Litecoin/Ripple), and local payment methods (Trustly/Sofort/Giropay/Przelewy24/iDEAL).
Forexee vs RoboMarkets Trading Platforms Comparison
Forexee offers three trading platforms: MetaTrader 4, MetaTrader 5, and Web Terminal. MetaTrader 4 and MetaTrader 5 are the most popular and advanced trading platforms that offer a wide range of features and tools for technical analysis, automated trading, and social trading. Web Terminal is a web-based platform that allows traders to access their accounts and trade from any browser without downloading any software.
RoboMarkets offers four trading platforms: MetaTrader 4, MetaTrader 5, R StocksTrader, and R Trader. MetaTrader 4 and MetaTrader 5 are the same as Forexee’s platforms. R StocksTrader is a web-based platform that allows traders to trade stocks with zero commission and no financing fees. R Trader is a multi-asset platform that allows traders to trade over 12,000 instruments with advanced charting and analytical tools.
Forexee vs RoboMarkets Analytical Tools Comparison
Forexee offers some analytical tools such as market news, economic calendar, forex signals, and trading calculators. Forexee also provides educational materials such as articles, webinars, and video tutorials.
RoboMarkets offers more analytical tools such as market news, economic calendar, forex signals, trading calculators, trading central, roboforex analytics center, roboforex stocks screener, and roboforex strategy builder. RoboMarkets also provides educational materials such as articles, webinars, video tutorials, and glossary.
Forexee vs RoboMarkets. Which forex broker is better? Which forex broker should you choose?
There is no definitive answer to which forex broker is better or which one you should choose, as different brokers may suit different traders depending on their preferences, goals, and strategies. However, here are some possible factors that you may consider when choosing between Forexee and RoboMarkets:
- Regulation: If you value the security and protection of your funds, you may prefer RoboMarkets, as it is regulated by the CySEC and is a member of the ICF, which means that your funds are insured up to €20,000 in case of the broker’s insolvency. Forexee, on the other hand, is regulated by the FSA of Saint Vincent and the Grenadines, which is a less reputable and strict regulator.
- Trading Assets: If you want to diversify your portfolio and trade a wide range of instruments, you may prefer RoboMarkets, as it offers trading on over 12,000 instruments, including stocks, indices, metals, energy, commodities, forex, and cryptocurrencies. Forexee, on the other hand, offers trading on over 50 currency pairs, as well as metals, energy, and cryptocurrencies.
- Trading Fees: If you want to save on trading costs and enjoy competitive pricing, you may prefer Forexee or RoboMarkets depending on the type of account and instrument you choose. Forexee charges lower commissions on ECN accounts ($1 per lot) than RoboMarkets ($2 per lot), but RoboMarkets offers zero commission trading on certain US stocks on R StocksTrader platform. Forexee also charges a markup on the spread on Crypto accounts, while RoboMarkets does not charge any commissions on Pro accounts. Both brokers charge swap fees for holding positions overnight and may apply other fees such as inactivity fees or withdrawal fees .
- Account Types: If you want to choose an account type that matches your trading style and preferences, you may prefer Forexee or RoboMarkets depending on the features and conditions you are looking for. Forexee offers four types of accounts: ECN, STP, Crypto, and PAMM. RoboMarkets offers five types of accounts: Pro, ISK for Stocks and ETFs, R StocksTrader for Stock Trading, Prime, and ECN. Both brokers offer different account types for different levels of experience, trading instruments, spreads, commissions, leverage, minimum deposit, execution type, etc. .
- Deposit and Withdrawal Options: If you want to have more flexibility and convenience in funding and withdrawing your money from your account, you may prefer Forexee or RoboMarkets depending on the payment method you use. Both brokers offer various deposit and withdrawal options such as bank wire transfer, credit/debit cards (Visa/Mastercard), electronic payment systems (Skrill/Neteller/WebMoney/Perfect Money/FasaPay), cryptocurrencies (Bitcoin/Ethereum/Litecoin/Ripple), and local payment methods (PayCo/Payeer/UnionPay for Forexee and Trustly/Sofort/Giropay/Przelewy24/iDEAL for RoboMarkets) . However, the availability and processing time of each payment method may vary depending on your country of residence and currency of choice .
- Trading Platforms: If you want to have access to advanced and user-friendly trading platforms that offer a wide range of features and tools for technical analysis, automated trading, and social trading, you may prefer Forexee or RoboMarkets depending on the platform you use. Both brokers offer MetaTrader 4 and MetaTrader 5 platforms , which are the most popular and widely used platforms in the forex industry. However, RoboMarkets also offers R StocksTrader platform for stock trading with zero commission and no financing fees, and R Trader platform for multi-asset trading with advanced charting and analytical tools. Forexee also offers Web Terminal platform for web-based trading without downloading any software.
- Analytical Tools: If you want to have access to more analytical tools that can help you make informed trading decisions and improve your trading performance, you may prefer RoboMarkets over Forexee. RoboMarkets offers more analytical tools such as market news, economic calendar, forex signals, trading calculators, trading central (a third-party provider of technical analysis), roboforex analytics center (a comprehensive analytical service), roboforex stocks screener (a tool for filtering stocks based on various criteria), and roboforex strategy builder (a tool for creating automated trading strategies). Forexee offers some analytical tools such as market news, economic calendar, forex signals (provided by Trading Central), and trading calculators. Both brokers also provide educational materials such as articles, webinars, video tutorials, and glossary .
