Here’s the Deal
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When comparing Ranorex vs Lean FT, the Slant community recommends Ranorex for most people. In the question“What are the best test automation tools for web apps?” Ranorex is ranked 16th while Lean FT is ranked 20th.
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Pros
No pros yet!
Pro It helps move testing closer to the development cycle
It's very easy to go between UFT and LeanFT. Whoever is used with UFT can easily become very productive with LeanFT too, but with the added benefit of moving the testing closer to the development cycle.
Cons
Con Commercial license
In order to use Ranorex you need to buy a commercial license. Prices start from $690.
Con May have some stability issues
Since it's still a (relatively) new product, it may very well have some stability issues, which are sure to be fixed in the future though.