FXCM vs ROInvesting Broker Comparison
Are you trying to figure out which is a better broker, FXCM or ROInvesting? After rigorously testing both brokers and putting each through our accurate and extensive reviewing process, we have concluded that FXCM is the better of the two. FXCM offers 60+ instruments, licenses from FCA, FSCA, ASIC, and fair trading fees.
In the tables below, you can compare the features of FXCM and ROInvesting side by side, to work out which suits your trading needs best. You can also carry on reading to find out why our experts ranked FXCM higher than ROInvesting.
Does FXCM or ROInvesting have lower trading costs and fees?
To compare the costs of trading at different brokers, our experts analyze both trading-specific fees, such as spreads, and non-trading fees, such as inactivity charges and payment costs.
To give an overall view of how cheap or expensive FXCM and ROInvesting are, we first considered the common fees on Standard Accounts. At FXCM the average spread for the EUR/USD currency pair is 1.3 pips, whilst at ROInvesting the spread is 2.8.
This shows that FXCM is the better option for low-cost forex trading.
When it comes to non-trading fees, FXCM charges for . ROInvesting charges for . With this in mind, both brokers offer similar non-trading fees.
When our experts analyzed the specific costs of both brokers, we found that is the better option.
*Based on Standard account type.
Which broker is safer, FXCM or ROInvesting?
In order to decide how safe our top-rated brokers are, our experts look at a number of factors. This includes what licenses the broker holds and how reputable those licenses are. We also consider the history of the broker, as a long-standing broker is often more reliable and trustworthy than a newer one.
FXCM is regulated by FCA, FSCA, ASIC and offers client protection. ROInvesting is regulated by CySec and offers client protection.
Considering these two factors, and the general reputation and history of both brokers, we believe that is the safer broker.
How many trading instruments are available at FXCM and ROInvesting?
FXCM provides traders with 60+ instruments. This includes 39 currency pairs, 7 cryptocurrencies, and 6 stocks and shares. With FXCM, you can also trade CFDs.
In comparison, ROInvesting boasts 350+ tradable instruments. ROInvesting offers 50 currency pairs, 33 cryptocurrencies, and 178 stocks and shares. ROInvesting also allows CFD trading.
As ROInvesting has 350+ and FXCM has 60+, a difference of 290, this shows that ROInvesting offers more opportunities to diversify your trading portfolio.
Which broker offers the best trading platform, FXCM or ROInvesting?
When our experts review a broker, they open their own accounts and place trades via the broker’s trading platform. This allows them to fully evaluate the quality of the platform, how easy it is to use and what features it offers.
FXCM provides you with the ability to trade via 3 trading platforms, and ROInvesting has 3 trading platforms, too. Both brokers also offer research and trading tools, however FXCM has more.
Overall, our experts agree that FXCM boasts the better trading platform offering.
Which is better for beginners, FXCM or ROInvesting?
To decide how well-suited a broker is for beginner traders, our experts look at what educational materials are available, how accessible the minimum deposit limits are, the range of account types and whether or not you can practice trading with a demo account first.
Considering this, our reviews show that ROInvesting is the better broker for beginner traders as it offers a larger range of educational tools and materials. ROInvesting also has a minimum deposit of $.