10 Best RoboForex Alternatives with Bonus Offers

Beyond RoboForex, traders frequently hunt for brokers who offer significant bonus packages along with competitive trading conditions. These bonuses, which include trade-and-win promos, deposit-matching incentives, and no-deposit incentives, offer more funds and freedom.

The correct substitute can improve trading chances by offering fast execution, dependable platforms, tight spreads, and high leverage. We highlight the top RoboForex substitutes with bonuses in this guide to help novice and seasoned traders get the most out of their trading careers.

Key Point

Broker	Why Alternative
XM	Similar to RoboForex, XM offers high leverage, low spreads (0.6 pips on ultra-low accounts), and strong regulatory standing (CySEC, ASIC, FSC).
FBS	Best for no-deposit bonuses, offering high leverage (up to 1:3000) and cent accounts for beginners.
HFM (HotForex)	Highly regulated, offers 2-3% interest on free margin, and provides excellent copy trading tools.
InstaForex	Known for a very wide range of bonuses, high variety in account types, and $1 minimum deposit.
OctaFX	Offers proprietary trading apps, low fees, and consistent, transparent promotions.
Tickmill	Known for extremely low spreads (raw from 0.0 pips) and fast execution, ideal for high-volume traders.
Vantage Markets	Offers raw ECN accounts, integration with TradingView, and strong regulation (ASIC, FCA).
FXTM (ForexTime)	Excellent for beginners, offering educational materials, tight spreads, and fast execution.
FXOpen	A strong choice for traders looking for a highly regulated (FCA) ECN environment.
JustMarkets	Offers high leverage up to 1:3000, low spreads, and a wide variety of currency pairs.

1. XM

Trading with XM is attractive both for beginners and experienced traders as it offers a $30 no-deposit bonus and 100% deposit bonus up to $35,000. For example. XM has some of the same features of RoboForex such as high leverage, ultra-low accounts from 0.6 pips tight spreads and excellent regulatory protection with ASIC, CySEC and FSC.

It is possible to easily make deposits and withdrawals with multiple payment methods. MT4, MT5, multiple accounts, flexible accounts and reliable execution make XM a great alternative for traders who value good bonuses and a safe, professional trading environment.

XM Key Features

• Launched in 2009 and has a large presence across the globe.

• Regulated by CySEC, ASIC, and FSC.

• Offers MT4 and MT5.

• Leverage is region dependent (up to 1,000).

• Bonus programs include a $30 no‑deposit bonus and 100% deposit bonus up to $35,000.

Pros

• Offers higher safety due to firm global regulations.

• Minimum deposit is $5.

• Ultra‑low accounts have tighter spreads.

• Offers good education.

Cons

• Compared to ECN brokers, spreads may not be the lowest.

• Bonus offers may have a rollover requirement.

• Fewer complex order types.

2. FBS

FBS is famous for its generous no-deposit and deposit bonuses that include the “Level Up” $140 no-deposit bonus, the “Quick Start” $100 bonus, and a 100% deposit bonus. FBS is also a great alternative to RoboForex for traders wanting high leverage up to 1:3000, beginner cent accounts, and access to accounts that have low minimum deposits.

Supporting MT4 and MT5, FBS also has quick trade execution and tight spreads. New traders will find FBS’s demo accounts, bonuses, and educational material appealing, as they provide a means to experiment and develop strategies to trade with a minimal financial commitment, all within a clear and regulated trading environment.

FBS Key Features

• Launched in 2009.

• Offers several bonuses, including Level Up $140, Quick Start $100, and a deposit bonus.

• Up to 1:3000 leverage.

• MT4 and MT5 supported.

• Beginner accounts (Cent accounts).

Pros

• Offers generous no‑deposit bonus incentives.

• Bonus leverage is great for capital efficiency.

• No deposit is Beginner Friendly.

• No less than a small number of account types.

Cons

• Poor regulation in some areas.

• Spreads may widen during volatile periods.

• Bonus conditions can be a bit more intricate than usual.

3. HFM (HotForex)

HFM is widely recognized as one of the most dependable alternatives to RoboForex. Additonally, they offer a 100% Supercharged Bonus on first deposits as well as 30% top-up bonus. They pride themselves in providing tightly controlled multi-jurisdictional regulation as well as securing their client’s funds when using trading tools.

They also offer a 2-3% on free margin as an incentive to those that keep their capital idle. They offer extensive options in copy trading that would suit the essential and advanced traders.

Their trading platforms include MT4 and MT5. They also have a multitude of account types and their spreads are competitive for scalping and day trading. HFM is an optimal alternative for traders for both growth opportunities and safe trading conditions

HFM (HotForex) Key Features

• Launched in 2010 and is globally regulated.• 100% Supercharged Bonus + 30% top-up bonus

• Interest on free margin (2-3%) on qualifying accounts

• MT4 & MT5 are supported

• Copy trading & VPS available

Pros

• Bonus incentives are competitive

• Good regulatory coverage

• Interest on free funds creates an additional increase

• Good for novice and experienced traders

Cons

• Some account types have higher spreads

• Not as quick execution as raw ECN brokers

• Requirements for bonus withdrawals can be quite strict

4. InstaForex

InstaForex is recognized to be an alternative to RoboForex by offering new and existing traders a 100% first deposit bonus and a $3,500 “StartUp” no-deposit bonus. It is most recognized for the countless types of accounts offered, $1 minimum deposit, as well as access to both MT4 and MT5 platforms.

InstaForex is known for offering low spreads, various instruments, and fast execution which is ideal for scalping and automated trading.

Their account flexibility and generous bonuses provide traders the opportunity to take on new trading strategies with little to no risk and simultaneously increase their trading capital. InstaForex’s global presence, accessibility, and robust trading tools aided by a strong trading incentive is a recipe for optimal trading conditions.

InstaForex Key Facts

• Started in 2007

• 100% deposit bonus + $3,500 “StartUp” no-deposit bonus

• Minimum deposit of $1

• MT4 & MT5 are supported

• Multiple account types available

Pros

• Huge bonus system

• Exceptionally low entry requirements

• Variety of instruments is good

• Supports automated trading and EAs

Cons

• Regulation is not as strict as tier-1 brokers

• Account type affects spread quality

• Customer service can be slow

5. OctaFX

As an alternative to Robo Forex, OctaFX is also well-regulated and offers a 50% deposit bonus as well as trade & win prizes for active traders. Even though they also offer MT4 & MT5, they offer their own proprietary trading apps for both mobile and desktop so trading is as seamless as possible.

Offers good conditions for active and/or scalping traders since they have good flexibility regarding account types & the spreads and fees are also good. As they are a broker with a transparent promotional policy, they have consistent bonus offers.

Bonuses, fast execution, high leverage & great customer support are all strong reasons to trade with OctaFX. The general conditions regarding platforms, promotions & fees are the best for those looking for a replacement to Robo Forex.

OctaFX Key Features

• Established 2011

• 50% deposit bonus and trade‑and‑win contests

• MT4, MT5 & OctaTrader are supported

• Fees are low and spreads are tight- High leverage up to 1:500

Pros

• Promotions are clearly posted
• Trading costs are low
• OctaTrader is a mobile platform proprietary to Octa
• Support is great

Cons

• Broader spreads than ECN Deep brokers
• Some areas have a limitation on regulatory levels.
• Less sophisticated tools available to advanced traders

6. Tickmill

Another popular choice among traders for RobinForex alternatives based on fast execution and high-volume trading is Tickmill. Tickmill has also brought a $30 “Welcome Account” no-deposit bonus to allow traders to test their trading strategies without any risk.

Tickmill also allows the use of MT4 and MT5 along with several different account types and payment options for the deposit and withdrawal.

Tickmill has a good reputation with the FCA, CySEC, and FSCA, and Tickmill has combined speed, cost, and bonus efficiency, and it is ideal for traders looking to diversify away from RoboForex.

Tickmill Key Features

• Established in 2014
• Welcome Account bonus of $30, no deposit required (not available to EU)
• Spreads as low as 0.0 pips
• Execution that is ideal for scalpers
• Approval by FCA, CySEC & FSCA

Pros

• Low spreads and commissions
• Very rapid execution
• Ideal for traders of high volume
• Clean pricing with very little slippage

Cons

• Less CFDs (product range is limited)
• No platform of their own
• In some areas, bonuses are restricted

7. Vantage Markets

Vantage Markets offers a good alternative to RoboForex with a 50% welcome deposit bonus (up to $20,000) and a $700 switch bonus. It has raw ECN accounts with tight spreads and fast execution integrated with TradingView on the MT4 and MT5 platforms.

Vantage is regulated by ASIC and FCA, which adds to their secure trading. Because of their bonus offerings, high leverage, and flexible account types, Vantage is a good broker for both novice and professional traders.

Other advantages for Vantage Markets include low trading costs, useful trading tools, and great bonus offers. Therefore, it is a good alternative for RoboForex traders who look for secured trading and good bonuses.

 Vantage Markets Key Features

• Established in 2009
• Welcome bonus of up to 50% + $700 switch bonus
• ECN accounts with raw pricing and tight spreads
• TradingView is integrated
• Regulation by ASIC & FCA

Pros

• Regulation of a high tier (1)
  • Tools and platforms for trading are better than average
  • Low spreads and deep levels of liquidity.
  • New traders are rewarded with bonuses

Cons

• Raw accounts have higher first deposits.
• Less educational materials.
• Terms on bonuses can be limiting.

8. FXTM (ForexTime)

With first deposit bonuses and a refer a friend program, activity based and beginner traders can benefit a lot from FXTM. FXTM can also be a RoboForex alternative because they also provide fast executions and low spreads.

They also provide numerous account types and support for MT4, MT5, and provide educational resources for strategy building and demo accounts. They have high leverage and low fees for traders to utilize and do a lot with their small accounts.

There is also a lot of regulation with this broker so they are for sure a safe broker. Bonuses and educational materials are together with bonus and educational resources in this broker which is a good point for beginner and also for experienced traders.

FXTM (ForexTime) Key Features

• Started 2011

• Up to $500 + refer a friend bonus

• MT4 & MT5 available

• Tight spread/varied account offers

• Good region regulations

Pros

• Learning materials are great

• Good for beginner and recreational traders

• Reward bonus gives incentive to deposit

• Access to broad markets and quick execution

Cons

• Non-ECN account spreads are wider

• Bonus rewards come with strict trading requirements

• Limited advanced order execution options

9. FXOpen

Another great RoboForex alternative is FXOpen, which has a **10 dollar no deposit bonus** for new STP accounts and trading contests. They also have superb ECN account execution and ECN accountspreads** as well as a MT4 and MT5 support which is great for scalping and active trading.

They are also **highly regulated by the FCA, which provides transparent safety. They also have accounts types and fees, along with bonus incentives, to start trading securely and with low cost, which is great for advanced and beginner traders.

FXOpen offers a contests, bonuses and an account structure that traders can use to increase their strategies and capital in a safe and regulated trading environment.

FXOpen Key Features

• Founded 2005

• New STP accounts get a $10 deposit bonus

• Trading contests with prizes

• Regulated by FCA

• MT4 & MT5 available

Pros

• Good protection for clients with strong regulations

• Good execution and tight spreads for ECN and STP

• Consistent bonus offers

Cons

• Bonus offers are weaker than competition

• Less presence globally than some brokers

• Regional customer service support quality varies

10. JustMarkets

JustMarkets stands out among RoboForex competitors with its $30 welcome bonus and up to 100% deposit bonus. JustMarkets has high leverage (up to 1:3000) and low spread, allowing active trading and scalping.

Brokers can also trade a wide range of currency pairs. While JustMarkets supports MT4 and MT5 platforms, offers several types of accounts, and has quick deposit and withdrawal services. JustMarkets is focused on low trading fees and fast trade execution.

Beginners and professional traders can benefit from bonus promotion and trading flexibility, in addition to many varied trading options. JustMarkets offers a reliable trading environment away from RoboForex with high leverage and safe trading platforms.

 JustMarkets Key Features

• Founded 2010s

• Welcome bonus $30 + deposit bonus (up to 100%)

• Leverage can be as high as 1:3000

• Compatible with MT4 and MT5

• Many different currency pairs available

Pros

• A lot of leverage can be used

• Spreads are tight

• New traders are enticed to trade through bonuses

• Different tiers of accounts available

Cons

• Some areas have more lenient regulations

• Delays in processing withdrawals

• Bonus terms can have high volume thresholds.

Criteria for Choosing a RoboForex Alternative

Regulation and safety

Make sure that the brokers you’re interested in are regulated by the top tier authorities such as FCA, ASIC, and CySEC. This type of regulation offers safety for your funds, transparency, and a legal pathway to the authorities in case you are having operational disputes with the brokers.

Leverage and account types

Brokers that have flexible leverage in terms of high and low are good for you. Also, the presence of different account types is an advantage because it will help you to scale your capital, control your risks, and help you to pick the accounts that are good for your accounts.

Spreads and fees

Make sure that you look at the spreads and commission of your broker. This is because having a low spread will have direct impact on your cost of trading. This is especially important if you use the scalping strategy or any other strategy that will require you to trade frequently.

Bonus offers

If you find brokers that have an interesting bonus system, consider them. This is because you do not have to consider a bonus in your trading system, as it will give you some extra capital that you will use in trading and you will be able to test your trading system.

Platforms and tools

Trade with brokers that use good trading platforms and good trading tools. Things like good trading platforms such as MT4, MT5, cTrader, even proprietary trading platforms will be good.

Also, have a look at the platforms that have good trading charts, good technical trading tools, and platforms that will support you in creating automated strategies for your trading. This will help you to improve your trading.

Conclusion

To wrap it up, we can say that traders looking for alternatives to RoboForex have many options for brokerage firms that offer interesting registration bonuses, high leverage, low spreads, and good regulation.

For instance, XM, FBS, HFM, InstaForex, and OctaFX have good deposit and no deposit bonuses. Also, Tickmill and Vantage Markets stand out for their raw spreads and quick execution, hence being good choices for scalping and high-volume trading.

Finally, FXTM, FXOpen, and JustMarkets offer good educational material and flexible account types on different trading platforms. Careful traders will look at regulation, fees, trading tools, account types, and bonuses to optimize seguridad and efficiency in their trading activities.

FAQ