Roboforex review

Very bad personal experiences after having brought over 15 customers on 2 days they kicked us out.

Actual forex bonuses

But only 2 stars because of my withdraw experience. I could only withdraw 100 USD and the the rest of my account didn't worked. They asked me to deposit for accept my creditcard.

Roboforex reviews

43 • average

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Reviews 43

This broker is good

This broker is good. For several time i won on their contest then their always paid and when i withdrawal my profit from it is always faster i use fasapay and only few second my wd have been landing in my fasapay account.

Dear, sam samsudin.
We’d like to thank you for your positive review of our operations and activities and hope to live up to your expectations in the future.

Spread & commission

Spread & commission : high

Kicked out after one trade

After only 1 trade kicked out. Stay away people from this shady broker

Dear, patrick mataboge.
Your message contains no data, which is required for a closer study. In case of any complaints against our company’s operations and activities, contact our live support in any way that is convenient for you (send an e-mail to info@roboforex.Com, write a request in your account or call).

Roboforex

Roboforex, to my mind, is one of the most trustful company in the markert. I've been trading forex for almost 6 years and 4 of them with this company. I can say with confidence that the broker fulfils its commitment to their traders, I've never faced with trading conditions problems or payment delaying. This's my own expirience.

Withdraw problems!!

I like the negative saldo protection.

But only 2 stars because of my withdraw experience. I could only withdraw 100 USD and the the rest of my account didn't worked. They asked me to deposit for accept my creditcard.

Very bad personal experiences after…

Very bad personal experiences after having brought over 15 customers on 2 days they kicked us out.

Good and reliable broker

Good and reliable broker. However, chatting with the helpdesk could be faster. The spreads with an ECN account are 2x higher as with, for example, icmarkets.It is still low but there is a difference. As a result, the profit is slightly lower. I choose roboforex because of the good service. They warned me about the changed rules for leverage in europe. Because of this, I switched over in time. I have been with roboforex for years and I was very satisfied.

The best brokerage

They r really honest and clear

They r really honest and clear . Love it :)

Roboforex reviews

43 • average

Write a review

Reviews 43

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.

Very very good

Very very good , the best in the world

Very good app mobile trading

I have been using roboforex for 3…

I have been using roboforex for 3 months. I think they are good. I have been withdrawn twice and only took 2 days I received the fund in my bank account. The leverage is 1000.1 that is good as well
dong

XXX WORST BROKER EVER THEY CANNOT BE TRUSTED

Had a very bad experience with this broker every time I make deposit it went through but now that I made my profit and try to withdraw my money using the same deposit method and same currency I can not get my money. They only keep saying that the transaction was successful on their end and gave me an ARN code to give to my bank. The people at my bank said that they are on the receiving end and payments are process automatically there is no need for human intervention. All roboforex saying is go to someone competent and they met my obligations on their end. Up to now I can't get my withdrawal of $110 USD. This is a scam broker PLEASE STAY AWAY FROM THEM. I contacted them on the 14th of september ticket id is 924031.

Like I said before my bank told me transaction online is done automatically, there is no need for human intervention. So why is it that you can receive my money using the same payment method but I can't receive my money using the same method?

Dear ian lewis.
Your withdrawal request was executed successfully and funds have been transferred to your payment details. ARN code confirms it. One of bank representatives need to find this transfer in the visa platform.

If you will have more questions feel free to ask them by the tickets.

Dear ian lewis.
Crediting funds to the card make your bank but not roboforex. The transfer is successful and ARN code confirm it. You should to contact your bank one more time to find the transfer. All supporting details and documents have been sent to you in the ticket.

With more than some years of…

With more than some years of cooperation, daily average +15 new client registrations, they have terminated my account with only a simple message of account termination.
Their poor customer support was always compensated by my customer support solutions, so traders were eager to open their trading account through my link to access my services.
Although I have contacted them via different approaches like skype, email and online ticket BUT they didn't answer why they have done that. They have closed the ticket without any reply.
They DO NOT follow their own policy to respect the contract and they regard the traders and ibs as MONEY.

Dear PFOREX.
Your feedback contains no data necessary for us to handle it. The company's right to terminate cooperation is regulated by clause 4.15 of the client agreement.

Excellent overall

I'm here from 2015 and find good, excellent overall. Why someone gave negative rating I could not understand. Hi robo go ahead.

Empty promises, bad faith

The only way to really know who they are is just by trying them with really small amount of money. I signed up and verified my account and when I was about to deposit and claim my bonus and start trading, they called me fraud and said " you can't get the bonus" and when I asked why they literally said, "no reason". Would you ever trust a broker that calls you fraud from the very beginning. That was enough for me to start somewhere else. To really know a broker see how they reply, see how they treat you when you wanna withdraw or when you don't have much money in your account. I am not lying and this is my account number=21044099

Dear saeed fathi,
according to the bonus program rules, the company has the right to deny a client in receiving the bonus. If you believe that the rejection was groundless, create a ticket in your members area that contains reasons why the relevant decision must be revised and submit it to our live support. The company’s staff will check your message and deliver a situationally suitable verdict.

I traded with roboforex for about a…

I traded with roboforex for about a year.
It has earned some profits and so far there has been no problem in withdrawing profits and deposits.
I traded only metal and foreign exchange market.
I don't know what happened with other customers,
but in my case, five stars.

Dear syouke TV.
We’d like to thank you for your positive review of our operations and activities and hope to live up to your expectations in the future.

The offer of a bonus when depositing…

The offer of a bonus when depositing looks good but the small print shows its only good to increase the leverage when trading an not a bonus that you can withdraw. Only if you achieve profit will this benefit a trader.

Don't trust them

I was introduced by a friend but I didn't realize I paid more commission than expected. This because someone introduced me. In addition to this, I doubt they are real ECN how can you go to the markets with 10$ in your account? Stay away

Hello, bryan.
To help us clarify the problem and provide you with the most detailed answer, please contact our live support via a ticket from your members area.

They use your stop loss and T/p…

They use your stop loss and T/p information to act against you. The charts at critical points are different from the market. They increase the spreads dramatically for one second to make you stopped out. I trusted at the beginning but not now.

Dear ali.
Unfortunately, your comment contains no data to back up your claims, which is required for handling them. In case of any specific problems, contact our live support in any way that is convenient for you.

Roboforex is scam!

I have created account in roboforex after seeing that this broker provides low spread and also provide roboforex provide negative balance protection , but when i trade in brent oil i losses my all account balance and also my account balance became -1315 usd .

As shown in roboforex website (negative balance protection
reliable protection of your funds on roboforex accounts

There are situations, when the market volatility prevents clients from keeping their accounts balance in the black. In these cases, roboforex ltd resets their accounts balance to zero.

It happens automatically in cases the client’s account balance becomes negative.) my account balance was not again reset to "0" , afterthat i contact to their live chat so they told me to raise the ticket .

When i raised the ticket i got this reply from roboforex
(negative balance protection is a promotional program and roboforex may exclude particular trading accounts from the participation in this scheme at its own discretion at any time.

In this case, the company has decided to exclude your accounts from this scheme. This decision is final and will not be reversed.

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: over 1 year

In my 6 years as a trader I have never seen such an evil order execution as this one.

Today, january 18, 2021, gold opens its session with a value of 1828 which it maintains until half an hour after australia opens, on my local clock it is at 20:30, a time with enough liquidity more for small orders such as mine compared to giant accounts, had a total of 0.18 gold units for purchase, these were protected with an order contrary to the value of 1824-23-22-20 and 1818, the broker executes these orders contrary to the value of 1803, greatly damaging my account and to top it off an hour later the value of the asset returns to the area of my purchases, then what he did has no justification, the broker opens a sell stoop order at a ridiculous price, better not open anything , but yes, he opens a sell stoop order established at the value of 1824-1823-1822 and 1818, however he opens them at the value of 1803, it really is a tremendous penalty, I have been with this broker for 6 years and all because I was able to double my account in 5 days has destroyed all my work and the worst of all my confidence, I no longer know which broker to turn to, please take care of this, neither the stoop loss nor the opposite order coverage can save them, DANGER WITH BIG ACCOUNTS, the broker has not offered any compensation I myself saw how the broker moved my price and lowered and lowered for JUST JUST COINCIDENCE OPENS THE ORDER THE MINIMUM OF YOUR CANDLE, DESTROYING MY ACCOUNT

Take care this world is more an illusion full of traps

Dec 18, 2019 - 1 star BROKER ROBOFOREX HAS HANDLED THE TRADING SESSION AT THE END OF THIS AND IN ITS ASIATIC OPENING DELAYING IN 5 MINUTES ITS OPENING ON A WEEK DAY, THURSDAY, DECEMBER 19, IMPROVING THE PROTECTION OF MY ACCOUNT WITH THIS MEASURE BLOCK ANY RESPONSE ACTION BEFORE THE MARKET WHICH IS OPEN FROM 00:00 AND BROKER ROBOFOREX OPENS 00:05 SERIOUSLY INJURYING MY ACCOUNT, AND WHICH ARGUMENTS

- BROKER'S ROBOFOREX ANSWER-

-this applies to all types of orders (stop loss, take profit, stop out, market) and attempts to modify them. This measure is taken to protect customer positions from rapid price increases, which tend to occur around midnight due to critically low liquidity at that time .---

THIS MEASURE IN NO EVENT HAS BENEFITED AND PRESENTED AS A GAP IN THE GBP / USD AND GBP / JPY INSTRUMENTS MISSING MY ACCOUNT FOR 60 USD, REQUIRED THE RETURN MONEY, AND ALSO DENOUNCE THE MARKET HANDLING FROM THIS BROKER

Please note that stop orders are executed at prices that are available at the moment of order execution. The price set in the order is not guaranteed and may differ from the execution price. Those slippages are rare when the markets are calm and liquid, but may reach significant values in the events of low liquidity, or high volatility when the prices move in a rapid and unstable manner.

Trading sessions for instruments are disclosed on the website in the contract specifications section.

In case you have any new data that may be useful in reviewing your claim, please send it to our live support in any way that is convenient for you.

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

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

Traders reviews

Length of use: over 1 year

In my 6 years as a trader I have never seen such an evil order execution as this one.

Take care this world is more an illusion full of traps

- BROKER'S ROBOFOREX ANSWER-

Trading sessions for instruments are disclosed on the website in the contract specifications section.

In case you have any new data that may be useful in reviewing your claim, please send it to our live support in any way that is convenient for you.

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 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.

Roboforex review – is it a scam or legit broker (2021)

In this roboforex review, we are going to take a look at the offer that this broker prepared for its traders. Roboforex operates on the financial market since 1995. When it comes to trading platforms, the broker features metatrader 5, ctrader and webtrader. The roboforex minimum deposit is 10 USD.

Between 74-89% of retail investor accounts lose money when trading cfds. You should consider whether you can afford to take the high risk of losing your money.

Basic information from this roboforex review

website address:	roboforex.Com
operated by:	robomarkets ltd.
Licensed and authorised by regulatory bodies:	IFSC
supported languages:	english, german, spanish, italian and portuguese
customer support available via:	E-mail, phone, live-chat
contact details:	[email protected] +27875503772
available deposit methods:	bank transfer, VISA, mastercard, epayments, fasapay, neteller, paysec, poli, qiwi, skrill, unionpay, webmoney
available withdrawal methods:	bank transfer, VISA, mastercard, epayments, fasapay, neteller, paysec, poli, qiwi, skrill, unionpay, webmoney
minimum deposit:	10 USD
min. Trade in lots:	0.01
spreads:	typical spread on the currency pair EUR/USD - 1,4 pips * on standard account type
tradable assets:

The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with.

For instance, in the european union, the financial regulator ESMA restricts the maximum available leverage to 1:30 when trading major currency pairs, 1:20 when trading minor pairs and commodities and 1:2 when trading cryptocurrencies. Similar restrictions apply in australia and possibly in other jurisdictions.

Roboforex fees (typical spreads)

We have scanned fees (typical spreads) that roboforex charges when trading popular currency pairs, here is their breakdown in pips.

*typical spreads were recorded on 17.01.2020 at 21:21 for the standard account. Roboforex spreads in the table above serve as illustrative examples only as they for instance, may change according to the market conditions.

Random reviews of competing FX & CFD brokers: yulofx, brokerxp, KAB and excofinance

Frequently asked questions

�� is roboforex a scam?

In accordance with our research, roboforex is a broker licensed and regulated by the IFSC. While it is a good thing that the broker is regulated, the IFSC regulatory agency is in comparison to 1st tier regulatory bodies like the cysec one of the weaker regulatory authorities when it comes to investor protection. In order to be sure that roboforex is not a scam, read our trader reviews and check other popular trading related websites and forums.

�� what is the roboforex minimum deposit?

In order to start trading with roboforex, you have to deposit at least 20 USD.

�� what deposit and withdrawal methods roboforex supports?

We don’t have our own personal experience with roboforex. However, the broker is regulated by the IFSC which does not provide as strong protection to traders as 1st tier regulatory bodies (like the british financial conduct authority). Considering that there are hundreds of brokers with stronger regulation and quite highly possibly with better trading conditions too, it makes little to no sense to trade with roboforex.

Should you be looking for a highly reliable broker featuring forex trading and cfds, you can get your hands on our marketing broker IQ option – 85% of retail CFD accounts lose money , which is a cysec regulated company that allows trading from as little as $10 and charges highly competitive fees on all assets.

Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage.

Between 74-89% of retail investor accounts lose money when trading cfds. You should consider whether you can afford to take the high risk of losing your money.

¹ variable spreads, spreads recorded for the EUR/USD on 05.10.2020 at 11:42 GMT.

Tradingbeasts helps individual traders learn how to responsibly trade binary options and cfds. We actively trade, publish educational articles and news. We verify and compare brokerage companies and warn our readers about suspicious projects or scam marketing campaigns. We are also a community of traders that support each other on our daily trading journey.

Disclaimer/disclosure

All information on this website represent subjective views of the authors and they are solely informational. We do not give investment advice. The operator of the website or the authors of the articles do not bear any responsibility for any decisions that visitors may make after reading articles published on the tradingbeasts website. When you trade binary options or cfds products you are exposed to a high risk of loss. We review and rate companies offering trading platforms for binary options and cfds. We do our best to warn people about scams and promote only companies we personally consider to be very good. From some of these companies, we may receive compensation. In order for you to use this website in any manner, please read our disclaimer/disclosure page and privacy policy

Roboforex review

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 reviews

43 • average

Write a review

Reviews 43

This broker is good

Dear, sam samsudin.
We’d like to thank you for your positive review of our operations and activities and hope to live up to your expectations in the future.

Spread & commission

Spread & commission : high

Kicked out after one trade

After only 1 trade kicked out. Stay away people from this shady broker

Roboforex

Withdraw problems!!

I like the negative saldo protection.

But only 2 stars because of my withdraw experience. I could only withdraw 100 USD and the the rest of my account didn't worked. They asked me to deposit for accept my creditcard.

Very bad personal experiences after…

Very bad personal experiences after having brought over 15 customers on 2 days they kicked us out.

Good and reliable broker

The best brokerage

They r really honest and clear

They r really honest and clear . Love it :)

so, let's see, what we have: 43 people have already reviewed roboforex. Read about their experiences and share your own! | read 21-40 reviews out of 43 at roboforex review