FBS vs RoboForex: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeFBSRoboForex
Licence Score62Strong20Very weak
Strongest licence 1 Tier 1 4 Tier 4
Licences on record31
1 ASIC Australia Licensed—
2 CySEC Cyprus Licensed—
4 FSC (Belize) Belize LicensedLicensed
Founded20092009
HeadquartersCyprusBelize
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4, MT5, ProprietaryMT4, MT5, cTrader, Proprietary
Minimum depositUS$5US$10
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Frequently asked questions

Is FBS or RoboForex better regulated?

FBS has the higher Licence Score (62 vs 20), based on the number and tier of licences, operating history and public listing.

Which regulators license both FBS and RoboForex?

Both are matched to licences from FSC (Belize).

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.