XTB vs RoboForex - Fees Review included
Which broker is better XTB or RoboForex? Our expert assessment conducted according to TU’s own methodology showed that XTB is one of the top brokers in the financial market with the TU Overall Score of 6.33 out of 10. RoboForex is one of the top brokers in the financial market with the TU Overall Score of 9 out of 10. Find out more about TU Overall Score.
| Feature | XTB | RoboForex |
|---|---|---|
Overall |
4.3 |
4.9 |
4.7 |
4.6 |
|
3.8 |
4.9 |
|
4.7 |
5 |
|
Investment Instruments |
1 |
4.8 |
Platforms and Charting Tools |
4.4 |
4.9 |
Deposit and Withdrawal |
4.8 |
4.8 |
Research |
4.1 |
4.9 |
Education |
4.4 |
4.8 |
Support |
4.5 |
5.0 |
Bonuses |
4.6 |
5 |
|
|
XTB vs RoboForex: Pros and Cons
The X Trade Brokers (hereinafter “XTB”) is registered in Belize and provides a fairly extensive list of financial services to traders. The company was incorporated in 2002 and its financial regulator is the Belize International Financial Services Commission (IFSC). The broker has offices in Spain, Poland, and the UK, where it is authorized and regulated by the National Financial Supervision Commissions. The XTB is focused on working primarily with European investors. It has several significant awards, including the Best Broker in Europe award by Global Banking & Finance Review and Best Financial Teacher by World Finance Exchange & Brokers.
RoboForex is a brokerage company that was founded in 2009. It provides services to financial markets in 169 countries. More than 3.5 million users are RoboForex clients. RoboForex is the leading software developer in the Forex industry. RoboForex is recognized as a reliable partner by the most respected financial market experts. The company has won numerous prestigious awards. The RoboForex group of companies has an international license to provide services from FSC Belize.
| XTB | RoboForex | |
|---|---|---|
| Overall Pros | 2100+ trading instrumetns | Trading With Leverage up to 1:2000 |
| Big choice of ETF CFDs | Near 9000 supported trading assets | |
| Everage EURUSD spread 0.1 pip | Low trading and non trading fees | |
| Advanced xStation trading platform | Passive income with copy trading | |
| Well regulated broker | Great bonus programs | |
| Instant withdrawal of funds | ||
| Best choice of Forex EA, Forex bots builder | ||
| Advanced trading platforms | ||
| Overall Cons | High non trading fees - 1.5% commission for withdrawal to credit cards, Account fee 10EUR etc. | Lack of cryptocurrency tools when trading on the R Trader platform |
| High stock CFDs fees | A small number of currency pairs - 36, for accounts: Pro, Pro-Cent, ECN, Prime |
XTB vs RoboForex: Safety and Regulation
| XTB | RoboForex | |
|---|---|---|
Max. Regulation Level |
Tier-1 |
Tier-3 |
Investor protection |
£85,000 €20,000 |
€20,000 |
FCA UK Regulation |
Yes |
No |
FINRA (U.S) |
No |
No |
BaFin (Germany) |
No |
No |
ASIC (Australia) |
No |
No |
CFTC (U.S) |
No |
No |
MAS |
No |
No |
FSCA SA |
No |
No |
BVI FSC |
No |
No |
VFSC |
No |
No |
FSA (Seychelles) |
No |
No |
XTB vs RoboForex: Trading Conditions
| Trading Conditions | XTB | RoboForex |
|---|---|---|
Minimum Deposit |
$1 |
$10 |
Trading Platforms |
MetaTrader 4 and xStation 5 |
MT4, MT5, cTrader, R StocksTrader, RoboForex, |
Max Leverage (Futures) |
1-500 (only for non EU and UK clients), 1-30 |
1-2000 |
Supported Markets |
Forex, CFDs on Stocks, Commodities, Metals, Cryptocurrencies and ETFs |
Forex, Stocks, Indices, ETFs, Groceries, Energy commodities, Metals |
Trading assets |
2100+ |
8700+ |
Trading Accounts |
Demo, Standard, Pro, Islamic |
Pro, Pro Cent, ECN, Prime |
Base Account Currencies |
USD |
USD, EUR |
XTB vs RoboForex: Fees
| XTB | RoboForex | |
|---|---|---|
Standard acc. spread EUR/USD, min pips |
0,5 |
0,5 |
Standard acc. spread EUR/USD, max pips |
1,2 |
2 |
ECN Commission |
2 |
|
ECN Spread EUR/USD |
0,2 |
|
Deposit fee, % |
No |
No |
Withdrawal fee, % |
No |
0-4 |
Withdrawal fee, USD |
No |
0-1,3 |
Inactivity fee, $ |
10 |
No |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
XTB vs RoboForex: Trading Assets
| Asset Name | XTB | RoboForex |
|---|---|---|
Overall |
2100+ |
9700+ trading assets |
Forex |
Yes |
Yes |
Stocks |
Yes (CFD) |
Yes (CFD) |
Metals |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
Yes (CFD) |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes (CFD) |
ETFs |
Yes (CFD) |
Yes (CFD) |
Bonds |
No |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
No |
No |
Binary Options |
No |
No |
XTB or RoboForex: Investment Programs
| Asset Name | XTB | RoboForex |
|---|---|---|
Copy Trading |
No |
Yes |
MAM/PAMM |
No |
No |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: RoboForex or XTB
| XTB | RoboForex | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
No |
Yes |
cTrader |
No |
Yes |
Appropriate platform |
xStation 5 |
R StocksTrader, RoboForex Terminals |
Others |
No |
No |
|
|
XTB vs RoboForex: Deposit and Withdrawal Methods
| XTB | RoboForex | |
|---|---|---|
Bank Wire |
Yes |
Yes |
Bank Card |
Yes |
Yes |
Neteller |
Yes |
Yes |
BTC |
Yes |
Yes |
Wise |
No |
No |
Payoneer |
No |
No |
USDT |
Yes |
Yes |
XTB vs RoboForex: Research
| Research Type | XTB | RoboForex |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
No |
Yes |
Trading Ideas |
No |
Yes |
E-Mail Reports |
No |
Yes |
XTB vs RoboForex: Education
| Education Type | XTB | RoboForex |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
Yes |
Articles |
Yes |
Yes |
Videos |
Yes |
Yes |
Cent account |
No |
Yes |
RoboForex vs XTB: Support
| Support Features | XTB | RoboForex |
|---|---|---|
Working Days |
24/5 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
No |
XTB vs RoboForex: Forex Bonuses and Promo
| Promo | XTB | RoboForex |
|---|---|---|
Forex Bonus |
Welcome bonus for non UK/EU & MENA residents . 50% of your first deposit can be added to your account if you trade a minimum amount of lots (15% of your first deposit amount) within 60 days of your account opening, clients should aply for Welcombe bonus and deposit at least $100. |
Welcome bonus $30 Classic first deposit bonus up to 120% |
Affiliate Program |
The XTB affiliate program allows a client of the company to earn additional income by advertising the broker and attracting new clients. The amount of such income is up to 20% of the spread of the referred client |
Up to 40% of trading commissions |
Other Promos |
he XTB cashback (rebates) program is primarily for traders who trade actively. The client has the opportunity to receive partial compensation of the spread, subject to the fulfillment of the monthly trading volume |
|
|
|
Top 5 Reviews on RoboForex
-
Comment
I have been working with RoboForex for three years. The advantages include high reliability, regulation by FSC Belize, and membership in The Financial Commission with protection up to €20,000. There was a technical issue with a withdrawal once, but it was resolved through support within 2 hours, and compensation was credited automatically. I mainly use CopyFx, copying trades from traders with returns of over 8% per month. In 2024, my account grew by 28%. The platform is user-friendly, with both a mobile version and a web trader available.
-
Comment
RoboForex turned out to be a perfect fit for trading small volumes: they offer micro accounts (ProCent) with a minimum lot size of 0.01, and the entry threshold is just $10. In two months, I grew my initial deposit from $30 to $67 by trading currencies and gold. I really liked that the broker doesn’t charge any deposit fees, and you can withdraw funds anytime via Skrill or bank transfer. Tested and confirmed: the money arrives within 24 hours.
-
Comment
I found the broker RoboForex through the Traders Union ranking — it currently holds the number one spot among forex brokers in Ukraine. I opened an account to trade U.S. stocks via StocksTrader: over 12,000 instruments available, including CFDs on Apple, Nvidia, Google, and Tesla shares. The minimum deposit on StocksTrader is $100, but the commissions are low and the trading dashboard is user-friendly. In the first quarter, I made a 14% profit trading stocks and ETFs. The high-quality analytics and educational materials on the website are also a big plus.
-
Comment
I chose RoboForex for trading currency pairs because of the low minimum deposit of just $10 and the wide range of instruments available. I trade on Pro and ECN accounts, and the spreads really do start from 0 pips, especially on EUR/USD. Over the course of a month, I managed to grow my deposit from $150 to $220 thanks to fast order execution and no slippage. I was pleased with the instant withdrawal — my $50 request was processed within 30 minutes to a Visa card. The MT5 platform is user-friendly and works smoothly on both desktop and mobile.
-
Comment
I chose RoboForex for its combination of high order execution speed and favorable conditions for investors. Spreads start from 0.2 pips, and leverage goes up to 1:2000 — the highest among regulated brokers. I really like the CopyFx investment platform, which allows you to follow successful traders and diversify risks. Most accounts offer free deposits and withdrawals. RoboForex provides reliable fund protection, including negative balance protection, and also safeguards traders’ interests through a compensation fund of up to €20,000.
Top 5 Reviews on XTB
-
Comment
I mainly trade CFDs with XTB. The broker offers over 2,100 instruments, including stocks, ETFs, indices, and cryptocurrencies. It’s especially convenient that the commission on stock trades starts from 0.08%, and the minimum trade size is 0.01 lots. Suitable for those looking to diversify their portfolio.
-
Comment
I chose XTB because of its regulated environment — the broker is overseen by the FCA, KNF, and other European supervisory authorities. This adds a level of trust when dealing with larger sums. The average spread on EUR/USD starts from 0.9 pips, with no fixed commission. These conditions are well-suited for long-term trading.
-
Comment
For all the time I have been working with xtb I have not had any complaints - the broker works transparently and legally. Withdrawal of funds goes without delays, the platform is convenient, and in general, cooperation brings only positive impressions. Of course, as in any trading, there are moments when the market does not go in your direction, for example, gaps after the weekend. I admit that at first it was unpleasant, but then I realized that it is just market realities and not the broker's fault. Otherwise, it is a pleasure to work here - fair conditions, adequate support and stability, which is worth a lot in this sphere.
-
Comment
Withdrawal of funds in XTB company is excellent - no delays and nervousness. In most cases, the money comes the next day after the request, maximum - in two days. This is really convenient, especially if efficiency is important. I have withdrawn funds several times, and each time the process went smoothly. The service works clearly, without hidden conditions or unexpected commissions. If you need a broker where you don't have to worry about timely withdrawal of profits, everything is on top here.
-
Comment
After a bad experience with several brokers of dubious reputation, I decided to take a break from trading. I practically did not trade for a whole year, because I simply did not see a platform suitable for me. However, eventually I came across xtb, and the broker interested me. Instead of immediately rushing into trading, I decided to approach the matter thoroughly: I studied reviews, observed the company and even got a consultation. What really struck me was the attitude towards clients. When I had questions, they answered them calmly and politely, without any irritation and rudeness, which, unfortunately, is not always found in this sphere. When the time came to withdraw my earnings, the process went smoothly, quickly and without unnecessary nerves. Now I can say that I have found a worthy broker with whom it is comfortable to work.
FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.