Roboforex reviews

The worst of it all is their customer service is so unresponsive. I deposited and I was not given the welcome bonus, according to them, their anti-fraud system said I can't get it.

New forex bonuses

After depositing, I was trying to place order, severally and they kept telling me I don't have enough money, I contacted the customer service, I didn't get any response on that, issue was resolved but not a single reply of my complaints. Length of use: 0-3 months

Roboforex review

Robomarkets ltd

Roboforex is a forex broker. Robo forex offers the metatrader 4, metatrader 5, MT mobile and ctrader forex online trading top platforms. Roboforex.Com offers over 30 currency pairs, cryptocurrencies, stocks, indices, gold, silver, commodities and cfds for your personal investment and trading options.

Broker details

deposit methods:

bank wire, VISA, mastercard, epayments, fasapay, neteller, paysec, poli, skrill, unionpay

withdrawal methods:

bank wire, VISA, mastercard, epayments, fasapay, neteller, paysec, poli, skrill, unionpay

Live discussion

Join live discussion of roboforex.Com on our forum

Roboforex.Com profile provided by manager RF song, jun 12, 2013

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Traders reviews

Length of use: 0-3 months

Dear pezhman,
please contact the dealing department using the ticket system from your members area and provide a detailed description of your issue.

Length of use: over 1 year

The answer has been provided in the ticket.

If you have more questions, please do not hesitate to contact us again.

Length of use: 0-3 months

Roboforex is fraud. I set my stop loss 7pips and they refused to execute my order until I had 15pips loss. They're so unethical, they help their customers lose their money. Run away from roboforex especially if you are a beginner trader.

The worst of it all is their customer service is so unresponsive. I deposited and I was not given the welcome bonus, according to them, their anti-fraud system said I can't get it. After depositing, I was trying to place order, severally and they kept telling me I don't have enough money, I contacted the customer service, I didn't get any response on that, issue was resolved but not a single reply of my complaints.

We have carefully checked the history of emails received from you. As we can see, you have contacted us 5 times and each of your email was answered on the same day. If you wish to get real time responses, you can use the chat system on our website. If you believe that any of your operations were processed incorrectly, you can always send a ticket from your member's area to our dealing department.

In regards to the slippage question, as we answered before, when keeping positions open overnight, it is important to remember that they are subject to gap risk. This is because the last price of the previous trading session may (and often will) be different from the first price of the new trading session. Positions carried over can only be closed at the prices of the new session. It is not physically possible to trade at a prices that are lower or higher than those available on the market on the day. You will see this behavior when trading with any market broker.

Length of use: over 1 year

I'm using roboforex for 3 years.

This broker used to be really reliable, like internet say trusted but.

For a year ago, things started to happen, visa/mastercard deposit and withdraw is changing all the time.

I think those have changed like 4-5 times. Even more of that; now there is no option to deposit and withdraw.

Think about that CFD broker with no visa/mastercard option.

It is pretty shame that 10 years of experience and not solving card methods. I can't even say a word.

Anyway, that is not a main part. Support is completely dead. They are really not that experienced or something. They just answer you in like 15-30 minutes later.

Ticket. Again. Very unprofessional answers and services.

Yet, withdrawal options were great.
Prime account is superior for retail traders.

I have been institutional trader (corporate) and retail too. So roboforex is maybe the leader in the world.

So here is my suggestion. This broker is definitely not scam but I can't say for real sure because of visa methods.

Since visa or master heavily regulated and roboforex is failing on visa side requirements.

For 3 years of feeling, this broker is just dying out of market. Lack of support and unprofessional feedback to clients.

By the way, their withdraw system is the one you can find on internet. I mean for retailers. I remember that my card withdraw transacted in 3 seconds. In my bank account only in 3 seconds not 2 days or something.

So again this broker is not scam at all. Only concern arise when they change something without notice and unprofessional feedback to clients.

That is it. Hope I helped people and goodluck with trading. Always follow trend.

Roboforex reviews

42 • average

Write a review

Reviews 42

One of the best brokers

I've been with this broker for years and I've never had any problem whatsoever. Though I've never made any withdrawals so we'll see. I'm still growing my account and will soon withdraw when it gets bigger. Other upsides with this broker is that they give you rebates from your trading volume every month. They also provide a VPS that you can use for free. The VPS is a bit slow but it's okay for 2 MT4 terminal running on it. They provide the complete package for forex trading. Thanks, roboforex. Never had any issues with you since I started.

AVOID - NOT ABIDING BY LAWS

This company are working and profiting off a fraudster who illegally lost a big investment of mine.
Roboforex done no checks into him to see if he was legally allowed to manage funds for clients or if he was even a registered company in his home country, the UK.

Do not risk your money with a company who does not abide by basic laws and doesnt do background checks into their 'affiliates'.

Dear RYAN, roboforex activity is in full accordance with legislations of the countries where it operates. In case any questions arise, we recommend you to contact our live support in any convenient way (email to info@roboforex.Com, create a ticket in your members area, use phone or messengers).

ACHTUNG: ROBOFOREX BONUS programm NICHT benutzen

ROBOFOREX: attention attention attention attention, DO NOT use the bonus at roboforex. The traderobot uses bonus and deposit together and calculates that he has enough money. But that's not true. As soon as the bonus is negative, all positions with a total loss of the deposited money are closed. Logically, as soon as the deposited money is 100% all, it will be closed. Incidentally, it is a super thought-out business model to take money from people. Participants are then any robot programmers who adapt the money management of the robot so that this process is extremely fast. If you don't want to believe it, take a look at website hanse-gold

ROBOFOREX: achtung achtung achtung achtung, den bonus bei roboforex NICHT benutzen. Der traderobot benutzt bonus und einzahlung zusammen und kalkuliert er habe genug geld. Das stimmt aber nicht. Sobald es mit minus an den bonus geht werden alle positionen mit totalverlust des eingezahlten geldes geschlossen. Logisch, sobald das eingezahlte geld zu 100% alle ist, wird geschlossen. Ist übrigens ein super ausgedachtes geschäftmodel um den leuten das geld abzunehmen. Mitwirkende sind dann noch etwaige robot-programmierer die das money-management des robots dementsprechend anpassen, dass dieser prozess extrem schnell geht. Wer es nicht glauben möchte, googlet mal nach hanse-gold

Hallo, jens zimmermann,
mit dem erhalt von bonusgeldern auf seinem konto, akzeptiert jeder kunde des unternehmens die nutzungsbedingungen. In der von ihnen beschriebenen situation standen die handlungen des unternehmens in voller übereinstimmung mit den regeln des bonusprogramms und können daher keine grundlage für eine beschwerde darstellen. Wenn sie der meinung sind, dass eine professionelle beratung notwendig ist, wenden sie sich bitte per chat an unseren live-support.

Mit freundlichen grüßen,
ihr roboforex

No protection anymore

Dear client.
Roboforex has stopped supporting the RAMM investment platform. The copyfx investment platform is still available for the company's clients. Copyfx is an investment platform for copy trading, thanks to this which simplify the trading process for yourself by copying trades of successful traders, as well as share your own trading experience and get additional profit from it.

Roboforex review

Robomarkets ltd

Broker details

deposit methods:

bank wire, VISA, mastercard, epayments, fasapay, neteller, paysec, poli, skrill, unionpay

withdrawal methods:

bank wire, VISA, mastercard, epayments, fasapay, neteller, paysec, poli, skrill, unionpay

Live discussion

Join live discussion of roboforex.Com on our forum

Roboforex.Com profile provided by manager RF song, jun 12, 2013

Video

Your company video here? Contact ad sales

Let other traders know if this service is worth checking or should be avoided.

Traders reviews

Length of use: 0-3 months

Dear pezhman,
please contact the dealing department using the ticket system from your members area and provide a detailed description of your issue.

Length of use: over 1 year

The answer has been provided in the ticket.

If you have more questions, please do not hesitate to contact us again.

Length of use: 0-3 months

Length of use: over 1 year

I'm using roboforex for 3 years.

This broker used to be really reliable, like internet say trusted but.

For a year ago, things started to happen, visa/mastercard deposit and withdraw is changing all the time.

I think those have changed like 4-5 times. Even more of that; now there is no option to deposit and withdraw.

Think about that CFD broker with no visa/mastercard option.

It is pretty shame that 10 years of experience and not solving card methods. I can't even say a word.

Anyway, that is not a main part. Support is completely dead. They are really not that experienced or something. They just answer you in like 15-30 minutes later.

Ticket. Again. Very unprofessional answers and services.

Yet, withdrawal options were great.
Prime account is superior for retail traders.

I have been institutional trader (corporate) and retail too. So roboforex is maybe the leader in the world.

So here is my suggestion. This broker is definitely not scam but I can't say for real sure because of visa methods.

Since visa or master heavily regulated and roboforex is failing on visa side requirements.

For 3 years of feeling, this broker is just dying out of market. Lack of support and unprofessional feedback to clients.

So again this broker is not scam at all. Only concern arise when they change something without notice and unprofessional feedback to clients.

That is it. Hope I helped people and goodluck with trading. Always follow trend.

Roboforex review and tutorial 2021

Roboforex is a multi-asset online broker offering powerful trading aides.

Trade FX with high leverage levels.

Trade crypto coins against the USD and EUR.

Roboforex is an online broker providing trading assets on their pro-cent, pro-standard, and RAMM live accounts. The broker offers an impressive selection of platforms, including MT4 and MT5, which we explore in this review, along with regulation, bonuses and deposits.

Roboforex company details

Founded in 2009, roboforex has headquarters in belize and is regulated by the international financial services commission (IFSC). The broker offers over 12,000 trading instruments in 8 asset classes, as well as 2 investment platforms and 4 trading platforms.

Roboforex has earned a good reputation over the years with 3 million live accounts opened since inception. The company has also made the news as the official partner of BMW M motorsport and has secured a sponsorship deal with muay thai fighter and world kickboxing champion, andrei kulebin.

Trading platforms

Metatrader 4

MT4 includes all the essential features a beginner or advanced trader would need, with 50 indicators for technical analysis, basic graphical tools, and 3 order execution types. Users can also program their own trading robots with strategyquant and take advantage of the one-click trading capability.

Roboforex MT4 platform

The platform is available as a downloadable desktop client or a convenient webtrader accessible straight from a browser.

Metatrader 5

Professional traders can take advantage of the cutting edge MT5 platform, which provides speed and reliability for advanced trading. The flexible system features netting and hedging capabilities, market depth, 4 types of order execution, 6 types of pending orders, and dozens of technical indicators and graphical tools.

Roboforex MT5 platform

Again, users can enjoy either the downloadable PC application or the web-browser version of the platform.

Ctrader

For experienced clients looking for an alternative to metatrader, the ctrader terminal is a sensible option. Users can access rare types of orders, level II pricing, plus 54 technical indicators on 14 timeframes and 9 types of charts. You can also create trading robots and indicators using ctrader automate.

Roboforex ctrader web platform

The platform can be downloaded or accessed straight from a browser. The web version is ideal for macos PC users.

R trader

The easy-to-use proprietary platform, R trader offers a classic design and convenient trading for those who wish to invest in global markets. Users can access 13 technical indicators, 9 graphical tools, level II market depth and an automated strategy tester. Netting and hedging account models are also supported.

Roboforex R trader platform

R trader is available both as a web-platform as well as a desktop application.

Roboforex assets

Clients can trade on 40+ currency pairs, over 12,000 global stocks, more than 10 indices, such as the dow jones (US30) and NASDAQ, 100 commodities, including oil, and etfs. The broker also offers 26 cryptocurrencies plus cryptoindicies, a unique product that allows for trading on several cryptos at once.

Overall, this review was impressed with roboforex’s depth of products in 2021. Note detailed contract specifications can be found on the broker’s website.

Spreads & commission

Pricing depends on the account you choose but spreads are fairly competitive vs brokers such as FBS and FXTM. Fees for the pro-cent and pro-standard accounts are included in the spreads, which average around 1.4 pips for EURUSD, 1.75 for US indices, and around 22 for XAUUSD (gold).

You will see tighter spreads with the prime and ECN accounts, with zero pip spreads available in some asset classes.

Leverage

The maximum leverage offered at roboforex is 1:2000 with pro-cent and pro-standard accounts. Leverage up to 1:500 is available with the ECN account while 1:300 leverage is offered with prime and R trader accounts.

A useful margin calculator is provided on the website.

Mobile apps

For mobile traders, roboforex offers smartphone apps for all their trading terminals (MT4, MT5, ctrader, and R trader):

Metatrader – MT4 and MT5 users enjoy the same technical features as desktop apps, including customisable charting tools, full trading history, and access to trading robots. The same members client login area is available on mobile platforms.

Ctrader – ctrader offers handy features including pinch-to-zoom, fling scrolling, and double-tap action to recentre charts, as well as in-app notifications.

R trader – R trader is also fully-featured and offers an all-in-one solution, with secure in-app account deposits and bonus management. The app offers 14 trading indicators, plus live charts and quotes, and additional mobile-friendly features.

Roboforex mobile trading

All platforms are available in 22 languages for both iphone and android (APK) users. Overall, users will find the most positive online reviews for the MT4 and MT5 mobile apps.

Payment methods

Deposits

There’s no shortage of funding methods at roboforex, with dozens of deposit methods in 9 different currencies, including USD, EUR, GBP and ZAR. International and local bank depositors are available, as well as card payments and e-wallets. Paypal is not accepted. All deposit methods are free and fast and most methods require a 10 USD/EUR minimum deposit with standard accounts.

Withdrawals

There are 13 withdrawal methods available, though this may vary depending on your jurisdiction. Withdrawal times for most methods are just 1 day, which is praised in customer reviews in 2021. Commissions for withdrawals vary but range from 0.5% to 2.8%. The group does offer a free funds withdrawal programme which allows you to withdraw funds twice a month with no commissions. Further details and restrictions can be found on the website.

Demo account

Roboforex offers a choice of three demo accounts, suitable on all platforms: demo pro, demo, and demo R trader.

The demo pro account is the most popular choice as it replicates the trading conditions of the standard account packages, with 1:2000 maximum leverage and floating spreads from 1.3 pips. Users can test trading strategies without spending or risking real money.

You can open a demo account from the broker’s homepage. The practice account is free to use and expires after 90 days.

Bonuses

Pro-cent and pro-standard new account users receive a welcome bonus of 30 USD after depositing a minimum of 10 USD via bank card. Cent and standard users can also benefit from the 60% profit share bonus, as well as up to 120% on deposits by claiming the classic bonus.

The broker also offers other promotions, including up to a 10% bonus credit on account balances, cashback rebates based on trading volume, daily competition opportunities with contestfx and a free VPS server. Full bonus withdrawal terms and conditions can be found on the broker’s website.

Roboforex currently does not offer any no deposit bonus (NDB) deals in 2021 but has previously offered weekly demo contests, so traders should check the website for upcoming promotions.

Regulation

Roboforex ltd is regulated by the international financial services commission (IFSC) of belize under license number 000138/107. As an “A” category member of the financial commission, roboforex ltd is a participant of the compensation fund, which provides protection up to €20,000 per case. The broker also holds civil liability insurance and provides negative balance protection. Overall, roboforex is a legitimate and safe online broker.

Additional features

Roboforex’s educational suite contains many useful resources for both casual traders and professional investors, including how-to guides, on-demand videos, forex analysis, plus a helpful community forum, blog and economic calendar.

Roboforex economic calendar

The most notable feature is the roboforex analytics centre, a free subscription to analytical data and trading instruments from within one window. Available in 13 languages, and offering an interactive data layout, users can gain access to signals, videos, calendars, and tools for traders.

Accounts

Roboforex offers 5 live account types: prime, ECN, R trader, pro-cent, and pro-standard. The minimum deposit is 10 USD/EUR for all accounts, except the R trader account, which requires a 100 USD deposit. These are refreshingly low minimum deposits compared to others, such as hotforex, tickmill and exness.

The ECN and prime accounts are ideal for professional traders looking for spreads from zero pips, whilst the R trader account supports multi-asset stock trading. Pro-cent and pro-standard accounts are designed for beginners and casual traders.

This review found that the main differences between the accounts are the minimum margin requirements, leverage limits, margin call/stop-out levels, and access to bonuses. All bonuses are available with the pro accounts, whilst no bonuses are available with the R trader account.

Islamic swap-free accounts are also available, as well as investment solutions using copyfx and RAMM platforms, supporting investment in both short-term and long-term trading strategies respectively.

You can open a real-money trading account from the roboforex homepage and start trading in live markets.

Benefits

Reasons to open a roboforex account include:

Bonuses offered

Decent range of assets

4 live trading platforms

Commission-free trading

Copytrade investment platforms similar to zulutrade

Drawbacks

The only major drawback for registering with roboforex is:

US clients not accepted

Trading hours

Forex can be traded 24 hours a day, 5 days a week, however specific active trading sessions depend on the time zone. All times below are in UTC+2 (eastern european time, EET).

Japan & singapore – 02:00 – 10:00

Hong kong – 03:00 – 11:00

Frankfurt – 08:00 – 16:00

London – 09:00 – 17:00

New york – 15:00 – 23:00

Chicago – 16:00 – 24:00

New zealand & sydney – 22:00 – 06:00

Roboforex also posts useful trading schedule changes for national holidays.

Customer support

Roboforex offers multilingual support in over 12 languages including english, malaysian, indonesian, arabic, and spanish. Help is available 24 hours a day, 7 days a week via:

Email – info@roboforex.Com

Telephone number – +65 3158 8389

Online callback form – contact us page

Live chat, telegram, facebook messenger, skype, whatsapp, and viber – logos located in the bottom right-hand corner of the website

The customer support team can help with most queries, from how to delete an account and user verification to clarification on ECN commissions per lot and how to reset your investor password.

The head office address is 2118 guava street, belama phase 1, belize city, belize.

Security

All roboforex platforms use SSL encrypted security systems as well as dual-factor authentication protocols. Withdrawals and transfers can also be protected via an SMS confirmation code with each transaction. For their bonus programmes, the broker also has anti-fraud systems in place to protect against repeated transfers of funds.

Roboforex verdict

Roboforex is an established online broker offering a wide range of assets on reliable trading platforms, including MT4 and R trader. The broker is also regulated and provides negative balance protection, adding an extra layer of trust and security for traders. Overall roboforex is a good broker for all levels but their zero-spread ECN accounts and RAMM platforms will be particularly attractive to professional traders.

Accepted countries

Roboforex accepts traders from thailand, united kingdom, south africa, singapore, hong kong, india, france, germany, norway, sweden, italy, denmark, united arab emirates, saudi arabia, kuwait, luxembourg, qatar and most other countries.

Traders can not use roboforex from united states, canada, japan, australia.

Is roboforex a scam or not?

Roboforex ltd is a legit company registered in belize and regulated by the international financial services commission. As a result, it’s unlikely to be a scam. With that said, the broker does receive mixed reviews on websites such as trustpilot.

How do I open a roboforex account?

You can sign up for a real account by clicking open an account on the right-hand side of the website. You will then need to fill in your new member details to register your area login credentials. The verification stage will then complete the process.

How can I delete my roboforex account?

You can make your account inactive from within the members area. From the account section, change the status of the account you want to remove to ‘no’.

Does roboforex accept US clients?

No, traders from the USA cannot sign up for a live trading account. Clients from canada, japan and australia are also unable to register for a roboforex account.

Is roboforex a market maker?

For all cent accounts, roboforex serves as the market maker. For all standard and ECN accounts, the broker follows an STP model.

Roboforex reviews

Roboforex – review 2021, testimonials & user ratings

Despite being quite young, the company has been very scrupulous about developing a flexible system of trading accounts, creating convenient trading platforms, investment ideas, and educational materials. As for the range of assets, such a long list of instruments is rather infrequent among competitors. In addition to that, roboforex clients’ benefits are due in no small part to different promotions, such as welcome bonuses, depositing/withdrawal without commission, coupons, cashback, etc. The broker applies huge resources to the implementation of more innovative services, which make trading simpler for both beginners and professionals. Below, we’ll go into details of why exactly roboforex is so remarkable.

General information

Roboforex is a rapidly growing in popularity broker, which was founded in 2009 and operates in a lot of countries all over the world. Year after year, the client account database adds more than 100,000 units and currently exceeds 3 million accounts. The broker’s high reliability is confirmed by the IFSC belize license (no. IFSC/60/271/TS). Moreover, roboforex is a member of the financial commission’s compensation fund with insurance payouts of up to 20,000 EUR.

Advantages and disadvantages

Favorable trading conditions: a great variety of trading accounts allows clients to choose the most favorable conditions in regard to commissions, spreads, minimum deposits, numbers of available assets, etc.

The company’s proprietary solutions: roboforex decided not to limit itself to offering classic trading platforms and developed its own terminals that meet the demands of traders with different experience and skills.

Regulated activity: roboforex is registered in belize and has the corresponding license of this country’s regulating authority. In addition to that, the company is a member of an international organization called the financial commission, which resolves disputes between its participants and their clients, and also is a participant of its compensation fund.

Winner of multiple awards: recognition of the broker’s achievements is confirmed by more than 10 prestigious awards received by the company in recent years. Roboforex won first place in the nominations related to cryptocurrencies, security, investment services, etc. Such awards show that the broker has created excellent services for its clients.

A wide range of assets: a significant advantage to many of the company’s clients is the opportunity to trade assets from 9 different categories, such as currency pairs, stocks, indices, and many others. Some of the assets offered by roboforex are missing at most of the other brokers.

Investment opportunities: roboforex platform offers investments in copying transactions of successful traders and multipurpose proprietary trading ideas.

Bonus program: roboforex pleases its clients with various bonus programs. The very first bonus that you can get is welcome bonus 30 USD. To receive it, depositing $10 to your account will be enough.

Market analytics: large analytics base, including forex forecasts, market analysis, and a lot more are available to traders in a special section of the roboforex website. The analysis is performed by the company’s experts based on technical and fundamental indicators, including ichimoku kinko hyo, murrey math lines, fibonacci retracements, etc.

Variety of educational information: in the educational section, there is a lot of detailed information on how to get to know trading terminals, organize the working process, analyze financial markets, and other aspects of trading with this broker.

Balance protection: a smart system of protecting your trading account balance won’t allow it to go negative.

Trading cryptocurrencies: in the last few years, predicting price movements of popular cryptocurrencies has become a very promising trend in trading. The broker took advantage of this innovation and implemented the opportunity to trade bitcoin, bitcoin cash, dash, ethereum, and other cryptocurrencies.

Demo account: the availability of a free practice account with all necessary functions helps beginners to learn the basics of trading, while more experienced traders can test their trading strategies without financial losses.

Lackluster results: according to numerous reviews in the internet, analytics provided by the broker doesn’t always demonstrate good results. On the other hand, any analytical review is a personal opinion of an author and may both hit and miss the target, and roboforex warns its clients about it on the company’s website. We recommend you check information received from different sources of forecasts with your trading system.

Trading conditions

For a start, it should be noted that in some instruments there are no spreads at all, the leverage value is 1:2000, order executions speed is from 0.1 seconds, while the number of currency pairs exceeds 40.

If you decide to trade stocks of global companies, there is a list of more than 10,000 instruments. The leverage value, in this case, will be 1:20.

Apart from stocks and currency pairs, there are etfs, commodities, precious metals, energies (heating oil, gas, oil), cryptocurrencies, and cryptoindexes (crypto.Top, crypto.Alt).

On average, the minimum lot is 0.01, the maximum number of digits after a comma is 5, and available account base currencies are EUR, USD, RUB, and GOLD.

Trading strategies

Thanks to a wide range of trading assets and platform with analytical tools, the broker’s clients have a vast room for experiments in creating and testing their own trading systems, either of technical or fundamental nature. Moreover, you can test yourself in new areas. For example, if you have never traded stocks, cryptocurrencies, or commodities before, the broker offers you an excellent opportunity to try these markets using a free demo account.

Trading platform

Roboforex clients don’t suffer from a shortage of trading terminals. Let’s start with the most popular and widely recognized solutions.

Metatrader 4 – one of the most widespread terminals on the currency market. It offers three modes of order execution, includes about 50 indicators, and provides the opportunity to make trading operations automated by using algorithmic trading. In addition to the above-mentioned features, the terminal allows to trade cryptocurrencies, such as bitcoin, ripple, litecoin, and others. If necessary, one can download a mobile application called MT4 or open the platform’s web version of the broker’s website.

Metatrader 5 – a more cutting-edge trading terminal with advanced tools for trading. MT5 offers 4 modes of order execution, 6 different types of pending orders, a large store of trading robots and indicators, a multi-currency tester, as well as the opportunity to rent a virtual hosting for 24/7 operation of your trading systems and signal subscriptions. Just like MT4, the fifth version of the popular terminal has both mobile and browser alternatives.

Apart from classic platforms of the metatrader series, the broker other terminals to choose from – R trader and ctrader. The first terminal has great functionality for trading on the stock market, while the second one offers quite rare types of orders, more than 50 technical indicators, 14 timeframes, “smart” charts, along with mobile application and web version.

The company didn’t forget to develop its own products. As a result, its proprietary solutions, R webtrader and R mobiletrader came into existence. These are very convenient terminals that allow clients to trade on their МТ4-based accounts using any gadget (PC, tablet, or smartphone) from anywhere in the world. The platform includes more than 10 technical indicators, offers 9 tools for chart analysis, implements a special feature for instant funds depositing, switching between trading accounts, and receiving analytical reviews.

All terminals available at the company can be downloaded from a download section.

Mobile trading

Roboforex delivers quite qualitative mobile trading. Here’s the complete list of mobile solutions offered by the broker: metatrader 4 mobile application, metatrader 5 mobile terminal, R mobiletrader, and ctrader mobile. All these products are available for leading mobile operating systems, android and IOS. Each of them has its own distinctive features, unique functions, and tools, which make mobile trading equal to a desktop one.

Demo account

Anyone who wants can open a free demo account at the broker. This account is completely the same as a real account and helps to learn all trading conditions available at roboforex. Using demo accounts, you can trade assets from 8 major categories.

Account types

The company pleasantly surprises clients by a variety of trading accounts, which were developed to meet the demands of traders with different levels of experience and training.

Pro-standard – the minimum deposit is 10 USD/EUR, more than 33 currency pairs, along with metals and cfds. The order execution mode is market execution, the spread is floating, from 1.3 pips. The maximum permissible leverage is 1:2000 and the number of digits after a comma is 5. Also, there is a list of bonuses, maximum/minimum order values, and permissible trading volume.

Cent accounts – a perfect choice for beginners who don’t want to lose much money early in their trading career. The minimum deposit here is also 10 USD/EUR. When depositing this sum of money, you will get 1,000 US cent to your account.

ECN accounts – an account type suitable for “advanced” traders, who want to work on more favorable trading conditions. The initial deposit is from 10 USD, the commission is 20 USD for the trading volume of 1 million USD, and spreads are from 0 pips.

Prime accounts – the most favorable account type available at the company, which was specially created for VIP clients. Spreads from 0 pips, “lightning” speed of order execution, commissionless funds withdrawal, accounts in USD, EUR, RUB, or GOLD, a dedicated МТ4 server, cashback up to 10%, and many other privileges.

Swap-free (islamic) accounts – an exceptional solution for islamic clients, who aren’t allowed to trade with swaps due to their religious beliefs. Clients with this account type pay only a fixed commission and nothing more.

Until the end of 2020, there is a special offer for roboforex ECN accounts: spreads are now even more favorable, while the maximum permissible leverage value has been increased up to 1:500.

Trading conditions for prime accounts, just like ECN accounts, has been improved until the end of the year: no requirements to the minimum deposit (instead of 5,000 USD), the leverage value is up to 1:300, and commission for the trading volume of 1 million USD for some instruments has been decreased don to 10 USD! The special offers will be effective throughout the entire year of 2020.

Opening an account

To open an account at roboforex is very simple. To do it, you have to go to the registration page and specify your personal information. Please note that the procedure is available only to those who are 18 years of age or older.

Funds withdrawal

The broker offers to deposit/withdraw funds via more than 20 payment systems, which include banks, electronic payment systems (qiwi, webmoney, yandex.Money), bank cards, terminals, and SMS. All commissions for depositing funds are compensated by the broker. Funds withdrawal without commission is available twice a month, on the first and third tuesdays. In addition to that, there is an option of quick depositing/withdrawal via skrill and NETELLER.

Trader training

Roboforex is actively developing several platforms for education a new generation of traders. The company’s blog regularly publishes topical articles for traders with different skills and experience, as well as reviews of expert advisors, indicators, and trading strategies.

The same information is published on the company’s youtube channel in the form of videos. Apart from creating educational videos, the company’s analysts deliver weekly reviews of the forex, stock, and cryptocurrency markets.

Both these platforms, as well as the company’s profiles in social networks, help traders share their experience, communicate with each other, and interact with their colleagues and the company’s representatives.

Also, particular attention should be paid to a copy-trading service. If you lack trading experience, you can receive profit by copying transactions of successful traders and pay them a small commission for that.

Should I trade with roboforex?

In this review, we took a brief look at different aspects of working with the broker and made sure that it created a powerful trading and investment platform for traders with absolutely different preferences, goals, experience, and skills. The broker offers its clients to choose a suitable trading account and trade through a convenient platform with the most profitable trading assets. You can start working with the minimum investments, but your prospects will be far from minimum. We wish you successful cooperation with roboforex if you choose them as your partner.

Roboforex review 2020

There is a high level of risk involved when trading leveraged products such as forex/cfds. You should not risk more than you can afford to lose, it is possible that you may lose the entire amount of your account balance. You should not trade or invest unless you fully understand the true extent of your exposure to the risk of loss. When trading or investing, you must always take into consideration the level of your experience. Copy-trading services imply additional risks to your investment due to nature of such products.

Summary

The wide range of trading markets available at robo forex includes six cryptocurrencies, metals, energies, soft commodities, etfs, indices, stocks, and forex with a leverage of up to 1:10.

The robo forex group essentially has two companies under its brand, including robo markets limited and robo forex limited.

Robo markets limited is a european broker that is licensed and regulated by the cyprus securities and exchange commission , while robo forex limited is considered an international forex broker that is regulated and licenced by the international financial services commission .

The company received the best crypto broker award in 2018, the safest broker award in 2018, the best ECN broker award in 2016, the fastest growing forex brand in asia award in 2014, the best standard forex broker award in 2014, the best ECN broker award in 2013, the best forex news and analysis provider award in 2013, the best retail forex brand in russia award in 2013, the best retail forex broker award in 2013, the best execution broker in eastern europe award in 2013, the fastest growing ECN broker in eastern europe award in 2012, the best forex broker for automated trading award in 2012, and the best broker for forex robots and advisors award in 2012.

Robo forex offers five trading accounts, including real, demo, partner, copy FX, and contest.

Broker information

Introduction

Roboforex is a regulated and licensed broker that has been providing its offerings and services since 2009. The company’s headquarters is based in cyprus and serves over 800,000 clients that are located in more than 170 different countries. With 18 support languages, the primary focus for roboforex is to provide an exceptional online trading experience through innovative technology solutions and several modern trading tools. The offerings and developments by roboforex is backed by more than 20 different awards along with sponsorship deals with some of the best sports athletes and teams from around the world. Roboforex is the official sponsor for the starikovich-heskes team in dakar 2017 as well as the official sponsor for andrei kulebin who is a world-renowned muay thai fighter.

The wide range of trading markets available at roboforex includes six cryptocurrencies, metals, energies, soft commodities, ETF’s, indices, stocks, and forex with a leverage of up to 1:10. The cost of trading are essentially based on institutional spreads starting from 0 points and comes with a leverage of up to 1:1,000 on currencies. Other benefits that traders can look forward to including tight spreads starting at 0 pips, affiliate programs offering 50% profit sharing, micro accounts and six account currencies with minimum lot size, and ultra-fast execution with eight different asset classes. In addition, the company performs contestfx where traders can win prizes either weekly or monthly on demo accounts.

Licensing and regulation

The roboforex group essentially has two companies under its brand, including robomarkets limited and roboforex limited. Robomarkets limited is a european broker that is licensed and regulated by the cyprus securities and exchange commission (cysec), while roboforex limited is considered an international forex broker that is regulated and licenced by the international financial services commission (IFSC).

In addition, the company is a registered legal investment firm in 30 different european countries and also received a special IFSC belize brokerage license. The financial trading company also implements negative balance protection where all client funds are kept safe in segregated accounts by using tier-1 banks. Roboforex is also a member of the commission’s compensation fund, providing insurance coverage for each and every client.

Mobile trading

Roboforex not also boasts with an exceptional desktop version of their site, but also allows traders the convenience of trading on the move thanks to developing incredible mobile apps that can be downloaded on mobile and tablet devices. Traders that are interested in the mobile app from roboforex simply need to visit the “download center” section of the site and choose between the MT4 or MT5 trading platforms that can be downloaded on android or ios devices. Alternatively, users simply need to visit the apple app store or the google play store to download the mobile apps for ios and android devices, respectively. Some of the most notable features on the mobile apps include one-click trading, algorithmic trading, fundamental analysis, and plenty of innovative trading tools.

Brand & functionality

Roboforex has been providing its services for over a decade and continue to offer the best functionality and products within the online trading industry. This is especially true when you take a look at their awards cabinet, boasting with several prestigious awards since its inception. The company received the best crypto broker award in 2018, the safest broker award in 2018, the best ECN broker award in 2016, the fastest growing forex brand in asia award in 2014, the best standard forex broker award in 2014, the best ECN broker award in 2013, the best forex news and analysis provider award in 2013, the best retail forex brand in russia award in 2013, the best retail forex broker award in 2013, the best execution broker in eastern europe award in 2013, the fastest growing ECN broker in eastern europe award in 2012, the best forex broker for automated trading award in 2012, and the best broker for forex robots and advisors award in 2012.

Registration process

Traders can register a new account on the official roboforex site or through the mobile apps once its downloaded from the google play store or apple’s app store. On the site, traders simply need to look for the bright green “open an account” tab to start the registration process. This will take traders to a new page that will only ask for basic personal information, including email address, first name, last name, and mobile phone number.

Once the basic information is provided, you will be taken to the members area where you will need to select your trading account, trading platform, account type, currency, and leverage. Roboforex offers five trading accounts, including real, demo, partner, copyfx, and contest. You will also find four trading platforms, including ctrader, MT4, MT5, and R trader. There are six different account types, including MT4 pro-cent, MT4 pro-standard, MT4 ECN-pro NDD, MT4 pro affiliate, MT4 ECN-pro affiliate, and MT4 prime. Roboforex supports six different currencies, including USD, EUR, GOLD, CNY, BTC, and ETH, while offering several leverage options, ranging from 1:1 through to 1:2000.

Once all of the above information is provided, you will need to verify your email address to continue to the next step. Once completed, you will need to provide two documents to confirm your date of birth and your home address. You can do this by providing a copy of your ID and a copy of your most recent utility bill. Once the documents are uploaded and verified, you can go ahead and fund your account.

Depositing process

Once your account is registered, and your documents have been uploaded, you can deposit funds through multiple deposit methods. This includes bank transfer, skrill, neteller, webmoney, epayments, bitcoin, ethereum, visa, mastercard, and through a roboforex wallet. Once you selected your preferred deposit method, you will also be able to choose between a simple deposit, a bonus deposit, or a profit share bonus deposit. Thereafter, you can enter the amount you wish to deposit, along with the currency of your choice, and your funds will reflect instantly in your account.

Product offering

Roboforex provides three primary trading accounts, including ECN, cents, and standard. Standard accounts offer two different formats, including pro-standard and fix-standard. The primary difference between the two standard accounts is that traders can enjoy fixed spreads on the fix-standard account, while floating spreads can be enjoyed on the pro-standard account.

Traders will also find two formats when it comes to cents accounts namely, pro-cent and fix-cent. They come equipped with the same standard account benefits but with a lower margin requirement. Traders will also need to choose between two ECN accounts, such as ECN-fix spread NDD and ECN-pro NDD. The ECN-pro account comes with floating spreads and commission, while the ECN-fix spread account is commission free and offers fixed spreads.

Trade execution

The client terminal at roboforex will allow traders to send and create orders to execute their trading transactions in lightning fast speeds. The terminal is also capable of controlling and managing open positions. The client terminal also boasts with several trading order types, including market order, pending order, stop loss, and take profit. All order executions are processed within milliseconds, ensuring all requests from traders are dealt with in the fastest way possible.

Banking

The banking section at roboforex is smooth, reliable, trustworthy, and truly comprehensive when you look at the phenomenal line-up of payment methods for both deposits and withdrawals. All financial information and personal information provided on the site are secured with the most advanced encryption technology the industry has to offer and has no additional charges when transacting on your account.

Customer support

Roboforex provides several innovative ways for traders to get in touch with them and offer support in 18 different languages to cater to traders from around the world. You can fire off a quick email that will be responded to within 24 hours, give the customer support desk a call or request for them to call you back, or you can you the live chat facility on both desktop and mobile devices. The site also impresses with a truly exceptional FAQ section where you will find the most common questions along with a detailed answer for each of them. The site also has videos and guides to assist you in opening an account, how to start trading, and access to the forex community forum.

Trading tools

Roboforex utilises three different trading platforms, including ctrader, metatrader 4, and metatrader 5. The site also supports lesser-known trading platforms, such as multiterminal, roboforex webtrader, currenex viking trader, and mobile trading apps for ios and android.

Both the MT4 and MT5 trading platforms function on both mobile and desktop and provide a user-friendly interface that comes equipped with signal copying, one-click trading, powerful charting, automated trading strategies, custom indicators, and more. The ctrader is essentially an ECN platform that comes equipped with a significant number of liquidity providers that can be utilised on mobile, desktop, or through a web-browser. The trading platform is easy to use, lightning fast and offers pricing transparency along with tight spreads.

Roboforex broker

Minimum deposit

Bonus

Maximum leverage

Spreads

Licences

US clients

As we always stress in our reviews, a trustworthy brokerage can have a world of benefits to your trading sessions. It can provide you with a sturdy trading platform, as well as useful technical and fundamental indicators, charts, and various other tools that enrich the trading process.

Conversely, a scam broker can easily undermine your safety and profitability in the market. Keeping in mind that everything they claim to offer is dedicated to luring you into their platform, it’s not difficult to understand their motives: to steal your money.

With today’s review of roboforex broker, we’ll try to determine whether you should trust this firm or stay away from it as much as possible. Here, you’ll find everything from the financial license all the way to trading platforms and payment methods, so, stick around to make a decision on your own.

First look at roboforex

Established in 2017, roboforex is in fact a forex trading brokerage. However, it also spreads its services to other markets, including stocks, indices, and cryptocurrencies.

As a cyprus-based broker, roboforex owns a license from the cyprus securities and exchange commission (cysec), as well as the international financial services commission (IFSC) of belize. And if you want to know what this means exactly, make sure to read this review in full. For now, though, let’s just say that both of these licenses make roboforex the reliable broker that it is.

After the talk about the licensing, we’ll move on to roboforex’s website. Once again, the initial observation of the overall interface is pretty positive; the design is spot-on, it’s not cluttered with unnecessary visual effects and whatnot, which ultimately improves the user experience.

The whole thing is designed to help traders get as much information from the website as possible. And roboforex achieves that end effortlessly; finding information just about anything is as easy as it can get, whether you’re looking for licensing, instruments, or safety features.

When it comes to registering at roboforex, you can set up 5 different live accounts: prime, ECN, R trader, pro-cent, and pro-standard. But that’s not all; roboforex goes even further by featuring islamic and demo accounts on its website. These packages make it incredibly easy for just about anyone to start trading regardless of their prior experience in trading.

As for trading platforms, roboforex couldn’t get more diverse than what it currently is: during this roboforex review, we found out that you can choose to trade using metatrader 4, metatrader 5, ctrader, or the proprietary R trader. Why this is beneficial for you, we’ll explain further down below.

Finally, we’ll discover various trading terms and conditions that make all of the above-mentioned platforms attractive in the first place. As noted above, roboforex offers instruments from various markets, including forex, stocks, and cryptocurrencies.

As for which features come with these assets, this roboforex broker review will reveal everything. The maximum leverage, for instance, goes as high as 1:2000, which is a staggering promotion. As for spreads, this commission charge goes as low as 0 pips, which is even more beneficial for anyone in this market.

When it comes to making deposits and withdrawals on your account, there are literally dozens of methods to choose from, whether it’s banking methods, credit cards, or e-wallets. You can even use cryptocurrencies to make transactions as quickly as possible.

So, if you want to dive deeper into roboforex’s platform with us, make sure to read this review fully.

Software: metatrader 4, metatrader 5, web based, ctrader, custom

Currencies: USD, EUR, GBP, AUD, CHF

Payment methods: bank wire, visa, mastercard, neteller, paypal, skrill

Restricted countries: USA, israel, islamic republic of iran, iraq

Roboforex company information review

The broker has its headquarters in soboh house 377, 28th october street, office #1, CY-3107 limassol, cyprus. When preparing this roboforex review, we found out that the firm is regulated by cysec and IFSC. And even without going any further, this piece of information already says a lot about the broker’s reliability.

First things first, let’s discuss the cyprus securities and exchange commission (cysec) regulation and why we think it’s the main harbinger of roboforex’s trustworthiness. As you know, cyprus is one of the members of the european union, and because of that, it enforces rules and guidelines that create a safer financial environment.

For example, having realized that leverage is a risky feature, the cysec imposes a strict cap on it, restricting brokers to offer leverage rates higher than 1:30. Moreover, all trading promotions, be they deposit, no deposit, or welcome bonuses, are banned from use. This is to ensure that brokers focus entirely on the actual trading terms and conditions and not on insignificant bonuses.

Besides that, the cysec license is also coupled with the mifid and ESMA guidelines, which further enforce much stricter rules on their subjects. So, that’s the cysec license out of the way and now, let’s move on to the IFSC license.

Coming from belize, the IFSC license isn’t as powerful as its cyprus-based counterpart, however, it does make sure there’s no roboforex scam going on. Besides, while the cysec monitors the broker’s actions within the european union, the IFSC does control roboforex’s international reach, and quite successfully so.

Moreover, roboforex further elaborates that it’s a legal investment company in 29 european countries, which is no easy feat for any brokerage. What you need to keep in mind is that the european countries have some of the strictest financial regulations in the world, therefore, a broker must abide by all those rules if it wants to serve their citizens.

With all its international scale and whatnot, it’s worth noting that roboforex does not offer the services to clients from belgium, canada, the USA and japan.

The roboforex.Com review

Moving on, let’s take a closer look at how roboforex distributes valuable information to the users, i.E. How its website is laid out.

Upon the initial overview, we found the website pretty pleasing. The color scheme, section layouts, and font selection are all on-point, making sure that the interface doesn’t distract the visitors from obtaining any piece of information about the broker.

Speaking of information, the website is divided into 5 individual sections: trading, for clients, promotions, for partners, and about us. Each of those sections contains information about trading instruments, roboforex platforms, account types, and regulatory measures. And what’s great about them is that in just a couple of clicks, you can find any piece of information there.

Roboforex trading accounts

Since affiliate accounts do not mean much for the retail currency traders, we will discuss 3 groups of live accounts: standard, ECN, and cent. These account packages are divided into 2 categories according to the type of the spread: fixed or pro (floating spread). The account currencies for real trading are USD, RUB, EUR, CNY, and not really a currency – gold. The maximum leverage available is 1:2000, which is an enormous feature and quite risky at that, however, roboforex does offer negative balance protection, which saves you from grave losses.

As our roboforex.Com review learned, the total number of tradable assets is 36 currency pairs, gold and silver. We’ll discuss this further down below, but it’s worth noting that you can easily diversify your portfolio with this asset pool.

Then there’s a whole new trading platform, which is the ECN (electronic communication network). It forms a direct connection between the traders and liquidity providers without the broker meddling in. What this means is that you can directly request to buy assets in the tightest spreads and latency issues. However, you should keep in mind that this platform is far more sophisticated than any other we found during our roboforex review, and you’ll be asked to pay higher commissions as well.

Alongside the above-mentioned live accounts, roboforex also offers its muslim traders a swap-free account, which entirely removes interest charges from overnight trades. Otherwise, the islamic account is identical to its live counterparts.

On top of all that, you can also create a demo account with flexible conditions and the ability to trade in a virtual market. If you’re a beginner, this is the perfect opportunity for you.

Roboforex MT4, MT5, ctrader, and R trader

Another impressive feature of this broker is its trading platforms. Roboforex offers 4 platforms for different account types. The accessible platforms include roboforex MT4, MT5, ctrader, and R trader. There are mobile versions for iphone and android available for download.

It goes without saying that choosing any of these platforms will help you take your trading game to the next level. All of them, whether it’s MT4, MT5, ctrader, or R trader, offer you dozens of technical indicators, charting mechanisms, and even automatic trading robots. In short, if you’re up for a successful trading endeavor, these platforms and roboforex’s trading features will help you achieve that.

Are roboforex promotions legit?

Finally, let’s take a look at which trading promotions you can get with roboforex. First off, our review of roboforex broker revealed that there are hundreds of financial instruments you can choose from. These range in the following categories:

Forex pairs

Stocks

Indices

Etfs

Commodities

Metals

Energies

Cryptocurrencies

Cryptoindices

Alongside these instruments, you can take advantage of some of the most lucrative trading features out there. For example, you can crank up the leverage up to 1:2000, which is just bonkers to think about. Imagine, you can deposit just $100 on your account and open a trade for $200,000. And if you make a profit, it’ll be x2,000 larger than what you’d get with your own money.

And that’s not everything. If you take a look at roboforex spreads, the broker offers a couple of zero-spread accounts, which let you concentrate on fixed commissions, which are significantly lower than what other brokers impose on their clients.

At the moment of this review, there are 3 active promotions available for all registered clients. Namely, they are welcome bonus 30 USD, tradable bonus up to 50% and deposit bonus up to 115%. This further enhances the appeal of roboforex’s trading platform for pretty much anyone, although, we should point out that a forex bonus should never be the deciding factor of your broker choice.

When it comes to customer support, the broker offers multiple communication channels for better accessibility. Roboforex client support can be reached via live chat, email, phone, or fax. Our roboforex review informs that the support is available in 15 languages.

When it comes to payments, there is no minimum deposit requirement. The account can be funded using credit/debit cards (except for maestro), wire transfers and e-wallets like skrill and neteller. The withdrawal is done with the same transfer methods. But there’s more to roboforex’s payment methods than we can physically mention. The deposit & withdrawals section contains literally dozens of different payment methods, all of which come with advantageous requirements and execution times.

Can roboforex be trusted?

So, should you trade with roboforex? Is it worth your time and effort, as well as your hard-earned money?

As our in-depth roboforex review has clearly demonstrated, this broker cares a lot about the safety of its clients. It features licenses from two separate regulators, and abides by strict financial rules imposed by the european union.

The broker’s website and informative layout is also on-point. Once you fire up the website, it’s only a couple of clicks to get to the information you’re looking for.

And when it comes to trading terms and conditions, roboforex does make sure that you’re having the most lucrative trading session in the market, whether it’s because of its leverage or spread offers.

All in all, trading with roboforex is definitely a worthwhile endeavor and we cannot recommend it enough!

Roboforex: broker in-depth review in 2020

Roboforex is a forex brokerage that has been on the market for more than 10 years. Over time, it has grown to operate in 193 countries and covered thousands of markets. With this service, you can take advantage of the globally recognized trading platforms, such as roboforex metatrader 4, MT5, and more.

Find out everything you need to know about this tried and tested broker.

Pros and cons

Let’s start our roboforex review with a brief look at the pros and cons.

+ suitable for beginners and experienced traders

+ supports more than 12,000 markets

+ wide selection of payment methods

+ top-grade trading platforms

– doesn’t accept US and canada residents

– no fixed spread account

Key features

Roboforex is known for the following features:

Hedging, scalping

One-click trading

Algo-trading strategies

Negative balance protection

Advanced financial chart comparison instruments and analytics

Different types of orders (stop loss, trailing stop, take profit)

Demo account with virtual funds

Educational programs, courses, and seminars

Additionally, you can use mobile trader roboforex if you want to always keep in touch with the markets. It’s a full-fledged platform suitable for monitoring open positions, account balance, trading history, and many other actions.

Account types

The roboforex broker offers five account types. We’ll quickly go over each of them to help you figure out which one you find the most suitable.

Prime	ECN	R trader	pro-cent	pro-standard
description	advanced, company-oriented	for professional individual traders	for those with some experience	both for beginners and experienced	most suitable for beginners
trading assets	25+ currency pairs, metals, crypto, cfds	35+ currency pairs, metals, crypto, cfds	more than 12,000: indices, crypto, stocks, forex and etfs, cfds	35+ currency pairs, metals, crypto	35+ currency pairs, metals, crypto, cfds
spread	from 0 pips	from 0 pips	from 0.01 EUR	from 1.3 pips	from 1.3 pips
max leverage	1:300	1:500	1:300	1:2000	1:2000
stop out	100%	40%	20%	10%	20%
deposit bonuses	no	no	no	yes	yes

Roboforex has no deposit fees, and there are no charges associated with inactive accounts. As for withdrawals, there are a few things worth mentioning:

Withdrawal method	currency	fee	limit
debit/credit cards	USD, EUR, GBP, CHF, PLN, CZK	2.6% + 1 EUR	10,000 USD
bank transfers (SEPA)	EUR	1,5%	500 – 50,000 EUR
local bank transfers	MYR, IDR, THB, VND	up to 4%	70 – 49,000 MYR 300,000 – 90,000,000 IDR 650 – 490,000 THB 300,000 – 280,000,000 VND
skrill	USD, EUR	1% (learn more about skrill)	0.1 – 100,000 USD
neteller	USD, EUR, MYR, IDR, AED, PLN	1% (you can find a neteller article)	5 – 10,000 USD
ecopayz	USD, EUR	2 EUR (read our ecopayz review)	10 – 100 000 USD (also depends on ecopayz account level)

Also, in 2018, roboforex launched a new service for depositing BTC accounts with more than 40 cryptocurrencies covered. If you’re curious about crypto cards and deposits in general, we have a separate trastra review.

Trading commissions are as follows:

Forex — 15 USD /1 mil base currency

Stocks, etfs, commodities (0.0045-0.015 USD / share with 0.25-1.5 USD being the minimum)

Cryptocurrency – 0.30%

Bonuses and promotions

The platform offers a 30 USD welcome bonus that is very easy to get a hold of. Open cent and standard accounts, become verified and make an initial deposit of 10 USD or more. This helps you get started and gives you some assistance.

If you head over to the welcome bonus page, you can learn more and probably even claim yours.

There are several other types of bonuses as well:

Classic bonus up to 120% for the initial and further deposits as well;

Profit share bonus up to 60% for drawdown protection;

Up to 10% of the additional profit on account balance;

Free withdrawal of funds on the first and the third tuesday;

Sponsored VPS MT5 for a 5600+ USD deposit.

Trading platforms

platform	suited for	features
webtrader roboforex	easiest way to get into trading	– all MT4 account types trading. – 13 technical indicators – one-click trading. – displaying trading history and positions opened in metatrader 4. – online monitoring of quotes without delays. – convenient chart control panel.
Roboforex metatrader 5	one of the superior tools for comprehensive price analysis	– market depth – 4 types of order execution – 30 technical indicators – 6 types of pending orders – multi-currency tester
roboforex MT4	retail traders and professional fund managers	– the most popular platform for forex traders – basic tools for graphic analysis – 3 types of order execution – programming your own trading robot – 50 ready-to-use indicators for technical analysis
roboforex ctrader	roboforex ctrader download mainly suits experienced traders	– level II pricing – 9 advanced charts – rare types of orders – 14 timeframes – 54 technical indicators

Reliability and regulation

Roboforex exclusively uses tier 1 banks, which is a measure of financial health and strength. This means that the funds are processed in a safe manner.

Roboforex is licensed by exchange commission (cysec) and cyprus securities. This type of supervision is a well-known standard. However, some people remain apprehensive about off-shore regulation. It’s up to you to decide but bear in mind that is cysec a recognized international authority.

However, we should note that trading in financial assets can result in losses. Make sure you do thorough research on strategies and this activity in general beforehand.

Finally, let’s get to the most common questions.

What is the minimum deposit and withdrawal on roboforex?

For most payment systems (bank transfers, VISA/JCB/mastercard, ecopayz, western union, etc.), the roboforex minimum withdrawal and deposit amounts sit at 10 EUR.

But there are many peculiarities, such as bank transfer (SEPA) limitations for deposits being 500-100,000 EUR and for withdrawals — 500-50,000 EUR. Check specifically for your preferred method.

How to open an account on roboforex website?

Go to the roboforex starter page and click “open an account”.

Fill in your basic personal information in the members area (name, email, phone) and follow further instructions. The whole process is straightforward and quick.

For information on opening accounts as legal entities and demo accounts, head over to the opening account section.

How is a swap calculated?

Roboforex swap rates are based on the difference between base and quote currencies’ interest rates provided by their market makers. It is applied when a trader holds a position overnight. Swap can turn out to bring profit or, on the contrary, be a negative value.

How do I contact roboforex customer support?

There are multiple ways of contacting roboforex, and you can access all of them on a dedicated page. The quickest way to get a response is through live chat. Other fairly responsive contact methods are messengers (facebook, telegram, viber, skype, whatsapp, and line) and regular email.

Roboforex review

This roboforex review analyzes a quality STP/ECN broker that is a great option for both beginner and veteran traders. It’s also an excellent choice if you’re looking to diversify your trading portfolio.

Roboforex offers over 13,000 trading instruments for you to choose from, including over 40 currency pairs, over 11,700 stock cfds, 26 cryptocurrency cfds, and over 100 soft commodity etfs.

This broker provides you with tight spreads, quality insurance for client funds, and access to multiple trading platforms. It also offers multiple account types for different trading styles, some very attractive bonuses, and great leverage.

Continue reading our in-depth roboforex review to discover more about this quality broker and everything it offers.

Discover an accomplished, award-winning broker

Based in belize, roboforex was founded in 2009 and has since grown to service over 730,000 clients. The broker prides itself on offering a wide range of services and excellent trading conditions.

Roboforex offers over 13,000 tradable instruments in 8 asset classes. These include over 40 currency pairs, more than 11,700 stock cfds, over 1,000 etfs, and 26 cryptocurrency cfds.

Our roboforex review team also found that roboforex has won a series of awards. In 2019 alone, they won the best broker of the CIS, the best investment platform, the best educational-forex center in CIS, and the best investment products global awards.

It should be noted that roboforex does not accept customers from the united states.

Expect a regulated broker with strong client protection

Roboforex is an international broker that is licensed by the international financial services commission of belize under license number IFSC/60/271/TS. While the IFSC is not necessarily considered a top-tier regulatory body, it is still a reputable authority with a focus on protecting traders.

This broker has also taken serious steps to protect their clients’ funds. It has implemented negative balance protection to limit the risk of market volatility. If your account drops into negative figures, roboforex will top up your account to 0, ensuring you don’t owe anything.

During our roboforex review, we also discovered that they are a member of the financial commission, as well as the compensation fund this organization offers. This means that you are protected up to €20,000. You also have an avenue to settle disputes with the broker without going to court.

This broker has also implemented a civil liability insurance program up to a total of €5 million. Coverage includes fraud, negligence, omissions, and various other risks that could cause clients to lose their money.

Roboforex has also received the verify my trade (VMT) certificate from the financial commission. This certificate confirms that this broker offers quality trade execution conditions and is in full compliance with the rigorous trading condition requirements imposed by the FC.

In terms of web security, roboforex uses comodo security solutions to encrypt all personal information and transactions during transmission via the internet. It also uses two-step authentication to further secure your member’s area.

Take advantage of a variety of account types

Roboforex is an STP/ECN broker, meaning they offer both types of accounts. The accounts are designed for different trading styles and levels of experience and expertise.

STP accounts

The pro-cent account is mainly aimed at beginners, but also veterans who wish to test trading strategies. You can trade 36 currency pairs, metals, and cryptocurrencies with this type of account.

The pro-standard account is designed for all types of traders. Besides the instruments available with the pro-cent account, you can also trade cfds on US stocks, cfds on indices, and oil cfds.

Both accounts have a minimum deposit of $10, floating spreads starting from 1.3 pips, and maximum leverage of 1:2000. They are also available in swap-free versions for muslim traders.

ECN accounts

The ECN-pro account is designed for professional traders looking for outstanding trading conditions. It features floating spreads starting from 0 pips and commissions for trading volumes of $1 million. The account has a minimum deposit of $10 and maximum leverage of 1:300.

The prime account is aimed at experienced traders and the broker claims it provides trading conditions similar to liquidity providers. The minimum deposit is $5,000. This account comes with floating spreads from 0 pips and maximum leverage of 1:100.

Other accounts

R trader is a unique account that allows veteran traders to trade all of the financial instruments roboforex offers. Spreads start at $0.01 and the minimum deposit is $100.

Commissions vary based on the underlying asset being traded. Cryptocurrencies incur a commission of 0.30%, while US stock cfds feature a commission of $0.02 per share. If you deposit $10,000 or more, you will enjoy a commission of $0.0045 per share for US stock cfds.

Roboforex also offers copyfx, which allows social trading. You just pick the traders you prefer, and the account will duplicate their trades on your account.

The RAMM investment system allows you to create your own investment strategy to attract traders to copy you to make additional profits. You also have the option of choosing from the many profitable strategies that are already available.

Our roboforex review team discovered that this broker also offers a demo account where beginner traders can practice trading in real market conditions. Veteran traders can also use the demo account to test their trading strategies.

Discover how much it will cost you to trade with roboforex

Roboforex offers competitive spreads on certain account types, while others are in line with the market average. Commissions and rollover fees are also in line with other quality brokers. These differ based on the underlying asset you are trading and can be found on the broker’s website.

Deposits incur no commissions. Roboforex allows commission-free withdrawals twice a month, namely on the first and third tuesday of each month. A handy calendar is available on the website to remind you of these specific dates, so you don’t miss out.

Otherwise, depending on the withdrawal method, you will have to pay a commission between 0% and 2.6%. A local bank transfer, for example, will incur a fee of 1.6%, while a skrill withdrawal will cost you 1% of the amount you are withdrawing. QIWI wallet, on the other hand, has a 0% commission.

It should be noted that some withdrawal methods have limitations. For example, with skrill, the minimum withdrawal is $0.1, and the maximum is $100,000. With QIWI wallet, the minimum is $0.5 and the maximum is $3,800.

Enjoy an extensive array of payment methods

During our review of roboforex, our team of experts was pleased to see the extensive array of payment methods available. These include various bank, electronic, and card withdrawals and deposits.

At roboforex, you can fund your account using most major credit cards and china unionpay. You can also use payment systems like webmoney, skrill, perfect money, and fasapay, among many others. Local bank transfers are available in certain countries, as are giropay, ideal, rapid transfer, and more. These same payment methods are also available for withdrawals.

Processing times for deposits range from instant to 3 bank days, depending on the system used. For example, visa cards and skrill are instant, while deposits through santander and HSBC take up to 1 day.

Withdrawal processing times vary from 1 minute to 10 bank days. Credit card withdrawals can take up to 10 days, whereas using perfect money and fasapay can take between 1 minute and 1 day.

Benefit from great bonuses and promotions

Roboforex offers you some great bonuses, including a welcome bonus offer and a classic bonus. Conditions do apply, but our roboforex review team feels they are quite reasonable.

This broker also offers a series of other benefits, including a cashback scheme. Depending on the account you have, and the number of lots you trade, you can get as much as 15% in rebates. The rebates are not subject to any restrictions.

Roboforex also offers up to 10% additional profit on your account balance, not including any funds you received as a bonus. The percentage you receive differs based on the number of lots you trade. To get the maximum, you have to trade over 1,000 lots per month.

Free contests are also available. Some are held weekly, while others are monthly. Overall, our review team found that roboforex offers ample rewards for choosing to trade with them.

Get ready to be spoiled for choice in terms of trading platforms

The roboforex website is available in 19 languages, including english, chinese, italian, latvian, and indonesian. The site is very user-friendly and easy to navigate. You’ll quickly be able to find all the information you need to make an informed decision when choosing an account type, a payment method, and more.

The registration process is straightforward and is similar to what you’d find at other popular brokers. You’ll need to supply some information about income and trading experience, as well as some personal details.

To verify your account, you’ll need to provide an international passport for proof of identity and a utility bill for proof of residence.

In terms of trading platforms, our roboforex review team was pleased to see that this broker offers the ever-popular metatrader 4 and metatrader 5, including the browser-only versions.

The ctrader platform is also available. This is perfect for experienced traders who value execution speed and like to trade unconventional instruments.

Roboforex has also developed its own proprietary platform dubbed R trader. This platform is available as a web solution and provides traders with access to all the broker’s trading instruments.

It features all the charting and analytical tools a trader could possibly need. The platform also offers one-click trading, custom watchlists so you can better manage your investments, and a free automated strategy builder. It should be noted that access to this platform is only available with a minimum deposit of $100.

This broker also offers a few additional tools to make trading easier for you. These include a forex analysis and forecast center, an economic calendar, a free VPS, and a trading calculator.

Trade from anywhere

The roboforex website is mobile-responsive, meaning that you can easily navigate it using any device. You can register, make deposits and withdrawals, and more using your smartphone or tablet.

In terms of trading, you can opt for the mobile versions of MT4 or MT5, as well as the mobile version of roboforex’s R trader, namely R mobiletrader.

R mobiletrader features 13 technical indicators, 9 tools for graphic analysis, easy account management, and analytics from the broker’s experts. This makes it a powerful tool you can use to trade directly from your smartphone.

Take advantage of a wide range of educational materials

Our roboforex review team was pleased to discover that this broker offers plenty of educational materials. On the website, you will find everything you need to help you get started, from choosing the right type of account to advice on how to open your account.

The roboforex website boasts basic educational materials for forex trading. These materials can be used by anyone however our reviewers found that roboforex offers much more valuable guides for registered members.

After you register for an account, you’ll be able to access a vast array of educational videos for all levels of trading experience via claws & horns.

Enjoy quality customer support

Roboforex offers support in 12 languages, including english, thai, arabic, malay, spanish, and russian. You can get in touch with this broker via live chat, phone, email, a callback service, and a form on their website.

The broker’s live support specialists are available 24/7, which our roboforex review team found to be a major plus for the broker.

Our reviewers were also pleased to discover that the agents were very polite and helpful. They were quick to respond and proved to be very knowledgeable.

Sign up for a live account with roboforex for a great trading experience

Our roboforex review team concluded that this broker is highly accomplished and dedicated to providing you with a great experience.

Competitive spreads, attractive bonuses and promotions, quality trading platforms, and plenty of trading tools are just some of the things that make roboforex a great choice for any trader. You certainly shouldn’t overlook the vast range of trading instruments available either.

Is roboforex legit?

Roboforex is a legit broker that is registered with the international financial services commission of belize.

Does roboforex offer a bonus?

Roboforex offers a series of bonuses, including a welcome and classic bonus. This broker also offers a cashback scheme and other promotions.

What is the minimum deposit at roboforex?

The minimum deposit at roboforex is $10.

Is roboforex a scam?

Roboforex is not a scam. It is registered with the international financial services commission of belize and has been in operation since 2009.

What roboforex account types are there?

Roboforex offers STP and ECN accounts, including the pro-cent account for beginners, the pro-standard account for all levels of traders, and the pro-ECN account for more advanced and professional traders. You can also open a demo account.

So, let's see, what we have: is robo forex a good forex broker? Read real reviews, by traders, for traders? Add your rating to the largest forex review database by forex peace army? At roboforex reviews