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Comparing 2 providers in Forex

Leveraged currency trading carries a high level of risk. Products and protections depend on the provider’s legal entity and jurisdiction.

Terms used in this table
  • Spread: the gap between the buy and sell price, a cost even when there is no commission.
  • Withdrawal fee: what the exchange charges to send coins out; the network fee is separate.
Costs and terms
What to compareFP MarketsFull review →RoboForexFull review →
Service type
Forex
Forex
Legal entity and jurisdiction
First Prudential Markets Pty Ltd · Australia / First Prudential Markets Limited · Seychelles / FP Markets (Pty) Ltd · South Africa / FP Markets Limited · Kenya / FP Markets Ltd · Saint Lucia
RoboForex Ltd · Belize
Products and trading types
Forex (28 pairs), metals, crypto, CFDs on US stocks, indices and oil; 12,000+ instruments including stocks and ETFs on R StocksTrader; copy trading; MT4, MT5, R StocksTrader

Instrument range varies by account type

Pricing structure
10 USD/1M USD

In addition to a floating spread from 0 pips. Excludes swap charges. Example calculation: hypothetical billable turnover of 220,000 USD × 10 ÷ 1,000,000 gives 2.20 USD in commission. This uses billable turnover, not a fixed fee per lot or per side.

Minimum deposit
10 USD

Prime account only. The amount differs for other account types.

Deposit methods
Bank cards, bank transfers, e-wallets, QR and vouchers and other systems; 0% deposit commission; commission-free withdrawal 3 times a month

The payment method must belong to the account owner

Maximum leverage
1:300

Leverage magnifies both gains and losses. Actual leverage depends on the instrument and account.

Residence restrictions
Among others, residents of the EU/EEA, UK, USA and Russia

Service restrictions are listed in the deposit page’s compliance notice; check the entity’s terms for your intended account.

Service model
Leveraged CFD trading on currencies and other underlying markets; a CFD does not confer ownership of a share, digital currency or underlying asset.

The execution policy of Saint Lucia's FP Markets Ltd specifies cash settlement without delivery of the underlying asset.

Account types
The international website lists Standard and Raw accounts for MT4, MT5 and cTrader.

TradingView appears under Raw in the account table. This does not establish platform or instrument availability for every entity.

Advertised Standard starting spread
1 pips

The international account page's advertised minimum; actual spreads vary by instrument and market. It is not an average or guaranteed spread.

Advertised Raw starting spread
0 pips

International advertised minimum only. Raw commission is separate for applicable products, so a zero-pip spread does not mean a cost-free trade.

Standard separate Forex commission
0 commission

The international MT4/MT5 table lists spread-inclusive pricing for Forex and metals. This does not cover equity-CFD commissions or every instrument.

Raw commission with USD account currency
3 USD/lot/side

Forex on MT4/MT5 under the international schedule: $3 on entry and $3 on exit per lot, totaling $6 for a round trip before spread. A standard forex lot is 100,000 units of the base currency. At 0.10 lot, the calculated commission for both sides is 0.60 USD.

Raw commission with EUR account currency
2.75 EUR/lot/side

For Forex on MT4/MT5 in the international table: EUR 2.75 per side, or EUR 5.50 round trip. This is an account-currency tariff and must not be carried over to cTrader.

Raw commission with AUD account currency
3.5 AUD/lot/side

For Forex on MT4/MT5 in the international table: AUD 3.50 per side, or AUD 7 round trip. cTrader uses a separate USD-based calculation.

Raw commission with GBP account currency
2.25 GBP/lot/side

For Forex on MT4/MT5 in the international table: GBP 2.25 per side, or GBP 4.50 round trip, in addition to spread.

cTrader Raw commission basis
3 USD/lot/side

The international cTrader table charges USD 3 per lot per side for Forex and metals, converted into account currency. Equity and ETF tariffs are separate and may also apply to Standard accounts.

Advertised minimum Forex trade size
0.01 lot

International Standard/Raw account table. Contract size and order limits must be checked in the selected instrument's specification.

International advertised maximum leverage
1:500

Maximum in the international Standard/Raw table; actual leverage depends on instrument and account. It must not be applied to Australian retail accounts or accounts with another entity without checking their terms.

Australian account-table maximum leverage
1:30

For the retail CFD accounts shown in the Australian table. Instrument limits may be lower.

Trading platforms
MT4, MT5 and cTrader; the international website shows TradingView connectivity for Raw.

The Global account table lists MT4, MT5 and cTrader for both accounts, and TradingView for Raw. The platform does not change the account's contracting legal entity.

MT4 capabilities
Charts, trade orders, alerts and MQL4 Expert Advisors, with desktop, browser and mobile access.

Platform functionality only. Automated use remains subject to the entity's agreement and any required permission.

MT5 capabilities
Depth-of-market display, an economic calendar, additional order types and a strategy tester, with browser and mobile access.

Actual CFD availability depends on the account. Technical automation support is not permission to use it under every entity.

cTrader capabilities
Charts, Level II pricing, market, limit, stop and stop-limit orders, and C# automation tools.

Desktop, web, Android and iOS access. Automation permission must be checked against the account agreement.

TradingView connection
The documented integration uses a cTrader ID and a live trading account; orders are routed through FP Markets.

The guide requires completed registration and account funding before Client Portal access. Select symbols from FP Markets' offering; a TradingView chart alone is not a broker connection.

Account currencies
AUD, USD, EUR, GBP, SGD, CAD, CHF, HKD, JPY, PLN

According to the FAQ's account-opening currency list. Deposit currencies are a separate list, and account options depend on the entity and account.

Deposit methods
The international site lists bank transfers, cards, e-wallets and crypto deposits.

Available methods are shown in the portal for the account and country. The list does not establish access for every resident or entity.

Same-name deposits and withdrawals
The FAQ requires deposited funds to be returned through their original method, prioritising cards; profits may then use another method.

Bank accounts and e-wallets must belong to the trading-account holder. Third-party deposits are not accepted.

Payment and transfer costs
The Saint Lucia agreement describes general deposit-fee coverage but permits recovery of payment-provider costs in specified circumstances.

Clauses 19.3–19.4 include funding and withdrawal activity inconsistent with trading activity. Bank charges may be deducted from the account; transfers are not guaranteed to be cost-free.

Overnight financing
Swap varies with instrument, trade direction and position size. Charges or credits are separate from spread and commission.

The swap page specifies midnight server-time rollover, usually Wednesday triple swap and Friday for some instruments. Check the symbol's specification and its long/short rates.

Saint Lucia inactivity fee
10 USD/month

FP Markets Ltd agreement clause 18.12: after a continuous 90-day period meeting the contract's inactivity definition, for an account with available funds. Accounts at USD 10 or below are archived; no further fees accrue at zero and this charge does not create a negative balance.

Saint Lucia automated-trading permission
Agreement clause 14.14 requires express prior written consent before using a robot or automated order-entry system.

Applies to the Saint Lucia FP Markets Ltd agreement. MT4, MT5 or cTrader robot functionality does not replace contractual permission.

Slippage and order execution
The Saint Lucia execution policy describes positive and negative slippage, including on Stop Loss and Take Profit orders.

A requested price is not guaranteed, especially in volatile or illiquid markets. ECN pricing does not guarantee a specific fill or exchange execution.

Saint Lucia negative-balance protection
Agreement clause 18.3 limits recovery to the client's CFD trading accounts, including funds deposited subsequently.

This does not protect deposits from trading losses and must not be extended automatically to another entity.

Saint Lucia investor-compensation membership
The FAQ states that Saint Lucia's FP Markets Ltd is not a member of an investor-compensation fund.

A licence held by another FP Markets group company does not transfer that company's protections to this account.

Demo account
FP Markets offers a demo environment for practising platform use, orders and trading tools before using a live account.

Practice does not establish future results or identical execution conditions with real money.

EUR/USD spread, Prime account
0.1 pips

Average; minimum 0 pips; commission 10 USD per million USD traded

Commission, Prime account
10 USD

Per 1 million USD trading volume

EUR/USD spread, ECN account
0.1 pips

Average; minimum 0 pips; commission 20 USD per million USD traded

Commission, ECN account
20 USD

Per 1 million USD trading volume

EUR/USD spread, Pro account
1.3 pips

Average EUR/USD spread. No separate commission; cost is included in the spread.

EUR/USD spread, ProCent account
1.3 pips

Minimum spread from 1.3 pips; no commission

Minimum deposit, Prime
10 USD

Max leverage 1:300

Minimum deposit, ECN
10 USD

Leverage up to 1:500

Minimum deposit, ProCent
10 USD

Or 10 EUR; cent lots

Platforms
MetaTrader 4 / MetaTrader 5 / cTrader / TradingView
MetaTrader 4 / MetaTrader 5 / R StocksTrader / WebTrader / MobileTrader (iOS / Android)
Currencies
AUD / USD / EUR / GBP / SGD / CAD / CHF / HKD / JPY / PLN
Check with the provider

Service and entity
FP MarketsRoboForex
Service type
Forex
Forex
Legal entity and jurisdiction
First Prudential Markets Pty Ltd · Australia / First Prudential Markets Limited · Seychelles / FP Markets (Pty) Ltd · South Africa / FP Markets Limited · Kenya / FP Markets Ltd · Saint Lucia
RoboForex Ltd · Belize

Products
FP MarketsRoboForex
Products and trading types
Forex (28 pairs), metals, crypto, CFDs on US stocks, indices and oil; 12,000+ instruments including stocks and ETFs on R StocksTrader; copy trading; MT4, MT5, R StocksTrader

Instrument range varies by account type

Fee structure
FP MarketsRoboForex
Pricing structure
10 USD/1M USD

In addition to a floating spread from 0 pips. Excludes swap charges. Example calculation: hypothetical billable turnover of 220,000 USD × 10 ÷ 1,000,000 gives 2.20 USD in commission. This uses billable turnover, not a fixed fee per lot or per side.

Deposits and withdrawals
FP MarketsRoboForex
Minimum deposit
10 USD

Prime account only. The amount differs for other account types.

Deposit methods
Bank cards, bank transfers, e-wallets, QR and vouchers and other systems; 0% deposit commission; commission-free withdrawal 3 times a month

The payment method must belong to the account owner

Country and product limits
FP MarketsRoboForex
Maximum leverage
1:300

Leverage magnifies both gains and losses. Actual leverage depends on the instrument and account.

Residence restrictions
Among others, residents of the EU/EEA, UK, USA and Russia

Service restrictions are listed in the deposit page’s compliance notice; check the entity’s terms for your intended account.

Costs and service terms
FP MarketsRoboForex
Service model
Leveraged CFD trading on currencies and other underlying markets; a CFD does not confer ownership of a share, digital currency or underlying asset.

The execution policy of Saint Lucia's FP Markets Ltd specifies cash settlement without delivery of the underlying asset.

Account types
The international website lists Standard and Raw accounts for MT4, MT5 and cTrader.

TradingView appears under Raw in the account table. This does not establish platform or instrument availability for every entity.

Advertised Standard starting spread
1 pips

The international account page's advertised minimum; actual spreads vary by instrument and market. It is not an average or guaranteed spread.

Advertised Raw starting spread
0 pips

International advertised minimum only. Raw commission is separate for applicable products, so a zero-pip spread does not mean a cost-free trade.

Standard separate Forex commission
0 commission

The international MT4/MT5 table lists spread-inclusive pricing for Forex and metals. This does not cover equity-CFD commissions or every instrument.

Raw commission with USD account currency
3 USD/lot/side

Forex on MT4/MT5 under the international schedule: $3 on entry and $3 on exit per lot, totaling $6 for a round trip before spread. A standard forex lot is 100,000 units of the base currency. At 0.10 lot, the calculated commission for both sides is 0.60 USD.

Raw commission with EUR account currency
2.75 EUR/lot/side

For Forex on MT4/MT5 in the international table: EUR 2.75 per side, or EUR 5.50 round trip. This is an account-currency tariff and must not be carried over to cTrader.

Raw commission with AUD account currency
3.5 AUD/lot/side

For Forex on MT4/MT5 in the international table: AUD 3.50 per side, or AUD 7 round trip. cTrader uses a separate USD-based calculation.

Raw commission with GBP account currency
2.25 GBP/lot/side

For Forex on MT4/MT5 in the international table: GBP 2.25 per side, or GBP 4.50 round trip, in addition to spread.

cTrader Raw commission basis
3 USD/lot/side

The international cTrader table charges USD 3 per lot per side for Forex and metals, converted into account currency. Equity and ETF tariffs are separate and may also apply to Standard accounts.

Advertised minimum Forex trade size
0.01 lot

International Standard/Raw account table. Contract size and order limits must be checked in the selected instrument's specification.

International advertised maximum leverage
1:500

Maximum in the international Standard/Raw table; actual leverage depends on instrument and account. It must not be applied to Australian retail accounts or accounts with another entity without checking their terms.

Australian account-table maximum leverage
1:30

For the retail CFD accounts shown in the Australian table. Instrument limits may be lower.

Trading platforms
MT4, MT5 and cTrader; the international website shows TradingView connectivity for Raw.

The Global account table lists MT4, MT5 and cTrader for both accounts, and TradingView for Raw. The platform does not change the account's contracting legal entity.

MT4 capabilities
Charts, trade orders, alerts and MQL4 Expert Advisors, with desktop, browser and mobile access.

Platform functionality only. Automated use remains subject to the entity's agreement and any required permission.

MT5 capabilities
Depth-of-market display, an economic calendar, additional order types and a strategy tester, with browser and mobile access.

Actual CFD availability depends on the account. Technical automation support is not permission to use it under every entity.

cTrader capabilities
Charts, Level II pricing, market, limit, stop and stop-limit orders, and C# automation tools.

Desktop, web, Android and iOS access. Automation permission must be checked against the account agreement.

TradingView connection
The documented integration uses a cTrader ID and a live trading account; orders are routed through FP Markets.

The guide requires completed registration and account funding before Client Portal access. Select symbols from FP Markets' offering; a TradingView chart alone is not a broker connection.

Account currencies
AUD, USD, EUR, GBP, SGD, CAD, CHF, HKD, JPY, PLN

According to the FAQ's account-opening currency list. Deposit currencies are a separate list, and account options depend on the entity and account.

Deposit methods
The international site lists bank transfers, cards, e-wallets and crypto deposits.

Available methods are shown in the portal for the account and country. The list does not establish access for every resident or entity.

Same-name deposits and withdrawals
The FAQ requires deposited funds to be returned through their original method, prioritising cards; profits may then use another method.

Bank accounts and e-wallets must belong to the trading-account holder. Third-party deposits are not accepted.

Payment and transfer costs
The Saint Lucia agreement describes general deposit-fee coverage but permits recovery of payment-provider costs in specified circumstances.

Clauses 19.3–19.4 include funding and withdrawal activity inconsistent with trading activity. Bank charges may be deducted from the account; transfers are not guaranteed to be cost-free.

Overnight financing
Swap varies with instrument, trade direction and position size. Charges or credits are separate from spread and commission.

The swap page specifies midnight server-time rollover, usually Wednesday triple swap and Friday for some instruments. Check the symbol's specification and its long/short rates.

Saint Lucia inactivity fee
10 USD/month

FP Markets Ltd agreement clause 18.12: after a continuous 90-day period meeting the contract's inactivity definition, for an account with available funds. Accounts at USD 10 or below are archived; no further fees accrue at zero and this charge does not create a negative balance.

Saint Lucia automated-trading permission
Agreement clause 14.14 requires express prior written consent before using a robot or automated order-entry system.

Applies to the Saint Lucia FP Markets Ltd agreement. MT4, MT5 or cTrader robot functionality does not replace contractual permission.

Slippage and order execution
The Saint Lucia execution policy describes positive and negative slippage, including on Stop Loss and Take Profit orders.

A requested price is not guaranteed, especially in volatile or illiquid markets. ECN pricing does not guarantee a specific fill or exchange execution.

Saint Lucia negative-balance protection
Agreement clause 18.3 limits recovery to the client's CFD trading accounts, including funds deposited subsequently.

This does not protect deposits from trading losses and must not be extended automatically to another entity.

Saint Lucia investor-compensation membership
The FAQ states that Saint Lucia's FP Markets Ltd is not a member of an investor-compensation fund.

A licence held by another FP Markets group company does not transfer that company's protections to this account.

Demo account
FP Markets offers a demo environment for practising platform use, orders and trading tools before using a live account.

Practice does not establish future results or identical execution conditions with real money.

EUR/USD spread, Prime account
0.1 pips

Average; minimum 0 pips; commission 10 USD per million USD traded

Commission, Prime account
10 USD

Per 1 million USD trading volume

EUR/USD spread, ECN account
0.1 pips

Average; minimum 0 pips; commission 20 USD per million USD traded

Commission, ECN account
20 USD

Per 1 million USD trading volume

EUR/USD spread, Pro account
1.3 pips

Average EUR/USD spread. No separate commission; cost is included in the spread.

EUR/USD spread, ProCent account
1.3 pips

Minimum spread from 1.3 pips; no commission

Minimum deposit, Prime
10 USD

Max leverage 1:300

Minimum deposit, ECN
10 USD

Leverage up to 1:500

Minimum deposit, ProCent
10 USD

Or 10 EUR; cent lots

Access and currencies
FP MarketsRoboForex
Platforms
MetaTrader 4 / MetaTrader 5 / cTrader / TradingView
MetaTrader 4 / MetaTrader 5 / R StocksTrader / WebTrader / MobileTrader (iOS / Android)
Currencies
AUD / USD / EUR / GBP / SGD / CAD / CHF / HKD / JPY / PLN

Check with the provider

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