FXDD vs RoboMarkets

FXDD or RoboMarkets – which is better for UK traders 2024? Compare FXDD and RoboMarkets in this detailed breakdown of their platforms, features and fees.

FXDD vs RoboMarkets Comparison Table 2024
FXDD RoboMarkets
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FXDD is ranked #35 among CFD brokers. RoboMarkets is ranked #80 among CFD brokers.
FXDD is an established forex and CFD broker founded in 2002. Regulated in Malta, Mauritius, Peru and Malaysia, the broker provides secure trading platforms, competitive ECN spreads and reliable 24/7 customer support. Competitive pricing and ultra-low latency is also offered via the broker's Direct Market Access execution model and tier 1 aggregated liquidity.
We do not recommend RoboMarkets. Customer Service performed very badly in our experience.
RoboMarkets is a Cyprus-based forex, CFD and stock broker aimed at traders from Europe. The broker offers thousands of instruments across six asset classes and provides access to four leading platforms, including MetaTrader 4. With ECN pricing, Cent accounts and algorithmic trading tools, RoboMarkets caters to a range of trading strategies and investing styles.
Pros
  • The broker's Trading Central integration offers daily fundamental market analysis, automated chart pattern software and market insights newsletters
  • FXDD is highly accessible for beginners with just a $1 minimum deposit to get started, plus cent, mini, micro and demo accounts
  • The broker offers VPS accounts for algo traders and experienced traders looking to run complex automated strategies
  • MAM and PAMM accounts are available for those who want to manage trader portfolios and earn commissions
  • The broker is regulated by various authorities that offer investor compensation and negative balance protection
  • The broker offers responsive 24/5 multilingual customer support via telephone, email and live chat
  • Wide selection of flexible and fee-free payment methods, including bank cards and e-wallets in multiple currencies
  • Remote VPS server with 24/7 high-speed connection, ideal for traders using Expert Advisors
  • Raw ECN spreads from 0 pips alongside low to zero commissions on popular markets
  • Reputable CySEC license means traders receive excellent fund safety measures
  • Trading platforms will suit a range of strategies such as scalping and algo trading
  • No inactivity fee or account maintenance charges
  • Automated dividend payments
  • Fractional stock trading
Cons
  • A $40 inactivity fee applies to accounts that have been dormant for more than 90 days, which is much higher than the $10 charged by many competitors
  • Withdrawal fees apply for more than one payment per calendar month, which is particularly punitive for active traders
  • There's a $25 withdrawal fee for payments under $100, which is steep and will impact beginners and casual traders
  • FXDD offers around 150 instruments - a narrow range compared to the hundreds offered at most top brokers
  • The broker's market insights section is outdated and trails leading competitors
  • European traders only
  • Very weak customer support
  • Withdrawal fees apply to various methods
  • Small selection of educational materials compared to other brokers
Awards
  • Most Transparent Broker in Europe 2022 - ForexRating.com Awards
  • Most Trusted Broker - The Forex Expo Dubai 2021 Awards
  • Best Forex Broker - The Forex Expo Dubai 2020
  • Best Regulated Forex Broker - Saudi Money Expo 2018
  • Safest European Broker - London Trader Show Awards
  • Best Mobile Trading Platform - Professional Trader Awards
  • Best ECN Broker (Europe) - Global Brands Magazine Awards
  • Most Trusted European Broker - Global Forex Awards Retail
  • Best Indices Broker - International Business Magazine Awards
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
Forex, CFDs, Indices, Stocks, Commodities Forex, CFDs, indices, shares, commodities, ETFs
Demo Account
Yes Yes
Minimum Deposit
$200 $100
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
MFSA, FSC, LFSA, SBS CySEC
Mobile Apps
Yes iOS & Android
iOS App Rating
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Android App Rating
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Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No Yes
ECN Account
No Yes
DMA Account
No No
MAM Account
Yes Yes
PAMM Account
Yes No
LAMM Account
Yes Yes
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
No No
Auto Trading
Expert Advisors (EAs) on MetaTrader. Entity dependent. Expert Advisors (EAs) on MetaTrader
Copy Trading
No Yes
Copy Trading Platform
RoboMarkets offers a bespoke copy trading service - CopyFX. Clients can use the broker's leaderboard to pick traders and strategies to follow.
Social Trading
Yes Yes
Trade Signals
Yes Yes
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • JPY
  • CHF
  • USD
  • EUR
  • GBP
  • CHF
  • PLN
  • CZK
Commodities
  • Silver
  • Gold
  • Oil
  • Gold
  • Silver
  • Natural Gas
CFD
Traders can access CFDs across forex, indices, commodities and stocks. There are no restrictions on short-term strategies, which is good news for scalpers and algo traders. There’s also an excellent range of free tools on offer, including a custom price ticker. Trade all markets via CFDs, with retail leverage up to 1:30. With the RStocks Trader account, clients can access over 12,000 CFDs with algorithmic analysis tools and intuitive charts.
Leverage
1:500* Leverage varies depending on the region 1:30 (Retail), 1:300 (Pro)
FTSE Spread
2.30 0.5
GBPUSD Spread<
0.4 2.0
Oil Spread
6.0 4.4
Stocks Spread
Variable Variable
Forex
FXDD continues to offer a leading selection of 90+ currency pairs with ECN pricing. Spreads are decent, coming in at 0.4 pips for EUR/USD during testing. That said, these quotes aren’t as narrow as top competitors like Pepperstone. Start trading on dozens of currencies at RoboMarkets with powerful analysis tools and pattern recognition technology. 35+ currency pairs are available with tight spreads from 0 pips and rapid market execution. You can also utilise the broker's forex news alerts and economic calendar.
Assets
90+ 35+
GBPUSD Spread
0.4 2.0
EURUSD Spread
0.5 1.4
EURGBP Spread
1.6 1.6
FXDD RoboMarkets
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