Is roboforex legit

The page claims that roboforex has spreads from 0 pips and executes orders quickly.

Actual forex bonuses

RoboForex Review: Is A Legit Broker Or Scam, is roboforex legit.

A leverage of up to 1:2000 is offered. It trades on EUR, USD, CNY, RUB, BTC, ETH, and gold. There are 8 asset classes offered and an affiliate program of 50% profit sharing. 36 currency pairs, metals, cfds, cryptocurrencies are trading instruments available. Indices, stocks, etfs are also used. The spreads differ and depends on the type of account being run.

Roboforex review: is roboforex.Com A legit broker or scam?

Roboforex ltd is a brokerage run by roboforex group, an international company. From all indications, it seems to be based in the UK, though not clearly stated. The broker says it has been trading since 2009.

HAVE YOU BEEN SCAMMED? If you have lost your money to online scammers, there is an opportunity you could get back your money.

Click HERE to start the recovery process

The page claims that roboforex has spreads from 0 pips and executes orders quickly. A leverage of up to 1:2000 is offered. It trades on EUR, USD, CNY, RUB, BTC, ETH, and gold. There are 8 asset classes offered and an affiliate program of 50% profit sharing.

6 types of accounts are open to clients and they range from a minimum deposit of 10 USD/10 EUR/100 CNY to 5,000 USD. A free demo account is available as well. The website mentions that the broker has 800,000 clients in 169 countries. Also, many awards because of its performances.

Roboforex trading platform

The roboforex trading software is stated to use the MT4, MT5, ctrader, R trader platforms. Most of the accounts however trade on MT4, MT5 and webtrader platforms. This is a big advantage for clients. Spreads differ depending on the account that is being operated.

36 currency pairs, metals, cfds, cryptocurrencies are trading instruments available. Indices, stocks, etfs are also used. The spreads differ and depends on the type of account being run.

Deposits and withdrawal methods on roboforex

The page states that there are over 20 deposit options including; visa, mastercard, skrill, neteller, unionpay, bank wire transfer and many more.

Deposits are made at 0% commission as roboforex claims to cover all expenses. Clients are promised compensation for funds withdrawal twice a month. The withdrawals can be as fast as “within a minute for certain payment methods” according to roboforex.Com

Minimum deposits have been stated above. No mention is made of withdrawal charges.

Is roboforex A licensed broker

Yes. Roboforex belongs to roboforex group as was mentioned in the opening. It is a company regulated by the international financial services commission (IFSC). Their license number is IFSC/60/271/TS.

As a regulated body, misappropriation of funds by this broker will be looked into by the commission.

Support

To contact the customer care agent of this broker, call: +65 3158 8389

Conclusion

Roboforex has a lot going for it. Holding a license from IFSC is a huge advantage and shows your money is safe. The professional way information is given shows that the broker knows the market. The trading platforms it offers and instruments are also good.

The only fishy thing found from our investigation is a negative review on FPA. A chinese investor claims that he was scammed $400k. However, since this is a licensed broker, such huge sum will surely be looked into by the authorities.

COMPARE WITH A TRUSTED BROKER

Fortrade

Fortrade is a UK-based broker with address at michelin house, 81 fulham road london, SW3 6RD, united kingdom. They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices and cryptocurrencies. Fortrade is regulated and licensed by the FCA(financial conduct authority) in the UK well as ASIC in australia which makes client funds safe. They accept traders worldwide.. Visit their official website

DID YOU KNOW!! Most autotrading softwares or robots claiming to turn you into a millionaire overnight are SCAMS. If you are in need of a legitimate software or robot that can help you trade profitably, see our recommendation HERE

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.

Is investing in robofox a safe bet?

Roboforex LTD is well-known for providing its customers the newest trading platforms and supporting assets of different kinds. Although the broker is already famous, there still are many doubts about its trustworthiness. Read our review to find out whether it is another scam or a legit service!

About roboforex

The brokerage company began its operation in the year 2009, it has two different arms catering to different investment prospects; roboforex serves globally while cyprus based robomarkets ltd concerns the EU and the EEA countries.

Roboforex is the recipient of prominent awards that stand to its testimony as an authentic brokerage service provider. The international amr roboforex ltd is regulated by IFSC under the license no. IFSC/60/271/TS, while the european arm; roboforex (CY) ltd is regulated by cysec license no. 191/13. These subsidiaries have increased their market growth tremendously in recent decades with roboforex LTD being the most ambitious and accomplished sector of the group.

Roboforex often mentions that it has got over 1,000,000 clients globally, offering its services in 11 languages and operating in 169 countries. Roboforex also provides a feature that prevents getting a negative balance. IT has also got the verify my trade (VMT) execution quality trade certificate. Customers can securely invest their money, as this broker is dedicated to providing the best secure trading platforms.

What can you trade with roboforex?

Roboforex provides eight different categories of assets, encompassing over 9400 assets. These assets are categorized into:

Crypto

Currency pairs

Metals

Stocks

Energies

Indices

Self commodities

Etfs.

As you can see, the company provides a huge variety of trading instruments, offering more than 40 forex pairs with a maximum threshold of 1:2000. It is also prominent that roboforex offers passive investment in the form of etfs. The trading criteria are robust offering as low as 0.0 pips with attractive commissions for both prime and ECN-pro NDD accounts.

Payment methods at roboforex

Accepted payment methods by roboforex

Bank wire transfer

Bank cards

Cryptocurrency

E-wallets

Roboroforex has made the payment process easy with its interconnected web of wire transfers, credit/debit card deposits, online money transfers, cryptocurrency, and E-wallets. This extends for both withdrawal and deposit options. When you invest money, you are not charged anything , but withdrawals are free only up to two transactions per month. Basically, traders can get their money back for free on the first and third tuesday.

Unsupported currencies will undergo exchange conversion which may incur some charges. Cash loading is only possible through a registered account using official credentials. Withdrawal is only possible through the registered account used for depositing the amount, which may count as a drawback. The time at which payments are processed completely depends on the chosen method.

Trading platforms at roboforex

The company offers its customers the best applications like metatrader 4, 5, and two other less popular software. The diverse choice to trade leaves broader investment scope accustomed to different trade strategies. MT4 is one of the most popular applications that is used in the field. It has also gained a reputation as a comprehensive trading platform that can be well exploited when added with third parties add-ons, giving an edge over competitors. MT4 supports backtesting which makes it an interesting prospect explaining the humongous investment it attracts annually.

MT5 might seem to be a better version of MT4 but lacks certain features that make MT5 popular, the lack of backward capability and hedging is a downside. Trading in MT4 remains the choicest alternative within the metatrader family.

Speaking of ctrader, it is better to use it for the ECN sector, offering great trading infrastructure and automatic trading compatibility. It is often regarded as a competitor to MT4’s popularity. The license of ctrader is comparably higher than the MT4/MT5 license and it also presents better investment prospects for traders.

Clients can make use of R trader which offers complete access to almost all the assets, unlike the other three trading platforms. It also provides its customers the autotrading feature without having the need for MT4 or ctrader. R traders packs a robot builder enabling traders to create custom automated solutions.

Customer support at roboforex

Roboforex comprises robust interactive services in eleven languages. It is effectively managed and lets its customers choose from several communication modes. In case any assistance is needed, press the green chat button on the website that pop-ups real-time chat with the help team. The support specialists work daily around the clock, so traders can contact an agent through email, webform, a call to the support team, or a scheduled callback. The availability of customer service in eleven languages has garnered traction towards roboforex’s emergence as a global brokerage service.

Customer reviews about roboforex

We made a thorough search for customer reviews regarding roboforex on the internet. Trustpilot displayed mixed reviews with instances of spams. On forexpeacearmy, the reviews reflected the same with an average rating of 2.5 stars.

A user with the name “faiz ali” described his experience with roboforex as “quality broker” and his association since 2016. He highlights the absence of any problems dealing with trading and super easy and quick withdrawals even during holidays.

Another user by the name ayman from egypt remarked about the problem in withdrawal systems and improper customer response by the roboforex team.

In the hindsight, it is not appropriate to carve a favorable or negative opinion on the broker and recommend to research more in the customer review sections for better understanding.

Summary

Roboforex comes across as a legitimate and secure brokerage under regulation by several international bodies. It uses state of art trading platforms like metatrader 4, metatrader 5, R trader, and ctrader. They provide efficiently executed brokerage services over 169 countries supporting international languages. It provides a safe and secured medium for brokerage service with the help of robust jurisdiction. Their deposit and withdrawal options are flexible with free withdrawal twice a month. It has received some critical reviews from customers which should not be ignored, some customers have cited problems in withdrawal.

Roboforex online review

In this review, we will describe why roboforex online is a scam that you should avoid at all cost !

Scammed by roboforex online ? Start the process to get your funds back TODAY !

Is roboforex online legit?

Roboforex online is an unregulated investment company. Problem with unregulated investment companies is that they are not reliable and abuse the regulations. Make sure to stay away from this investment company as they are anonymous and that they can disappear any time without notice.

To make sure you are dealing with a regulated and known investment company, you should be able to find easily who is the CEO of this brokerage firm, who is running it etc. Lack of information is a big red flag since you don’t know who will be dealing with YOUR MONEY. This is the reason why roboforex online is a dangerous investment company to deal with.

Are funds safe with roboforex online ?

With such lack of information and roboforex online being unregulated, funds are not safe. Security of funds is a huge problem with unregulated investment companies. A red flag that we noticed is roboforex online is withholding vital information to users.

Roboforex online could go bankrupt from one day to another since there are no banking information about this investment company.

High success rate – transparency & integrity –

Roboforex online review: our conclusion!

Roboforex online is an unregulated investment company to avoid at all cost. If you have been scammed, check out our chargeback process here or get a free consultation by a team of expert by clicking here.

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

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.

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

Roboforex is a forex and CFD trading broker. They give traders access to a wide variety of instruments in several markets like currencies, indices and commodities.

To open a live account, you’ll need a minimum deposit of at least $10. Alternatively, roboforex offers a demo account that you can use to practice and familiarise yourself with their platform.

Regulated by . Roboforex puts all client funds in a segregated bank account and uses tier-1 banks for this. Roboforex has been established since 2009, and have a head office in cyprus.

Before we dive into some of the more detailed aspects of roboforex’s spreads, fees, platforms and trading features, you may want to open roboforex’s website in a new tab by clicking the button below in order to see the latest information directly from roboforex.

Full disclosure: we may receive a commission if you sign up with a broker using one of our links.

Losses can exceed deposits

What are roboforex's spreads & fees?

Like most brokers, roboforex takes a fee from the spread, which is the difference between the buy and sell price of an instrument.

The commisions and spreads displayed below are based on the minimum spreads listed on roboforex’s website. The colour bars show how competitive roboforex's spreads are in comparison to other popular brokers featured on brokernotes.

Roboforex
EUR/USD (average: 0.7 pips)	1.3 pips	0.7 pips	0.1 pips
GBP/USD (average: 1.1 pips)	1.3 pips	1.7 pips	0.1 pips
USD/JPY (average: 1.1 pips)	1.6 pips	0.6 pips	0.1 pips
AUD/USD (average: 0.8 pips)	1.6 pips	0.6 pips	0.2 pips
USD/CHF (average: 2.3 pips)	2.0 pips	2.3 pips	0.2 pips
USD/CAD (average: 2.9 pips)	1.5 pips	0.5 pips	0.3 pips
NZD/USD (average: 3.6 pips)	1.2 pips	2.8 pips	0.3 pips
EUR/GBP (average: 2.4 pips)	1.0 pips	0.5 pips	0.1 pips

Spreads are dynamic and are for informational purposes only.

As you can see, roboforex’s minimum spread for trading EUR/USD is 1.3 pips - which is relatively high compared to average EUR/USD spread of 0.70 pips. Below is a breakdown of how much it would cost you to trade one lot of EUR/USD with roboforex vs. Similar brokers.

How much does roboforex charge to trade 1 lot of EUR/USD?

If you were to buy one standard lot of EUR/USD (100k units) with roboforex at an exchange rate of 1.1719 and then sell it the next day at the same price you would likely pay $6.2. Here’s a rough breakdown of the fees and how this compares against IG & XTB .

Roboforex	IG	XTB
spread from :	$ 1.00	$ 6.00	$ 2.00
commission :	$0.00	$0.00	$0.00
total cost of a 100k trade:	$ 1.00	$ 6.00	$ 2.00
$5 more	$1 more
visit roboforex	visit IG	visit XTB

All fees/prices are for informational purposes and are subject to change.

What can you trade with roboforex?

Roboforex offers over 34 different instruments to trade, including over 32 currency pairs. We’ve summarised all of the different types of instruments offered by roboforex below, along with the instruments offered by IG and XTB for comparison.

FX / currency cfds	roboforex	IG	XTB
# of forex pairs offered	32	90	48
major forex pairs	yes	yes	yes
minor forex pairs	yes	yes	yes
exotic forex pairs	yes	yes	yes
cryptocurrencies	no	yes	yes

commodity cfds	roboforex	IG	XTB
# of commodities offered	0	34	21
metals	yes	yes	yes
energies	no	yes	yes
agricultural	no	yes	yes

index & stock cfds	roboforex	IG	XTB
# of stocks offered	0	8000	1606
UK shares	no	yes	yes
US shares	no	yes	yes
german shares	no	yes	yes
japanese shares	no	yes	yes
see roboforex's instruments	see IG's instruments	see XTB's instruments

What’s the roboforex trading experience like?

1) platforms and apps

Roboforex is one of the few brokers that offer both of the metatrader platforms; MT4 and MT5. To see how the two platforms compare, you can read our comparison of MT4 vs MT5 here. Roboforex is one of a handful of brokers that offer the ctrader platform developed for traders looking for a STP/ECN solution. For a list of forex brokers that offer the ctrader platform, check out our comparison of ctrader brokers. The combination of downloadable platforms for both mac and windows allows traders to trade with their device of choice.

Roboforex also offer mobile apps for android and ios, making it easier to keep an eye on and execute your trades while you are on the move.

Still not sure?

2) executing trades

Roboforex allows you to execute a minimum trade of 0.01 lot. This may vary depending on the account you open. Roboforex allows you to execute a maximum trade of 100 lot. As roboforex offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you’re paying to execute your trades.

As a market maker, roboforex may have lower entry requirements compared to an ECN broker who benefits from a higher volume of trades and typically has larger capital and minimum trade requirements. Market makers typically have a lower minimum deposit, smaller minimum trade requirements and no commission on trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments. You can see the latest margin requirements on their website.

Finally, we’ve listed some of the popular funding methods that roboforex offers its traders below.

Trading features:

Accounts offered:

Demo account

Micro account

Mini account

Standard account

Zero spread account

ECN account

Islamic account

Funding methods:

3) client support

Roboforex support a wide range of languages including english, chinese simplified, chinese traditional, indonesian, malaysian, portuguese, spanish, italian, polish, arabic, thai, russian, and ukrainian.

Roboforex has a brokernotes double AA support rating because roboforex offer over three languages email and phone support.

4) what you’ll need to open an account with roboforex

As roboforex is regulated by IFSC belize , every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you’ll likely be asked for the following, so it’s good to have these handy:

A scanned colour copy of your passport, driving license or national ID

A utility bill or bank statement from the past three months showing your address

You’ll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it’s best to put aside at least 10 minutes or so to complete the account opening process.

While you might be able to explore roboforex’s platform straight away, it’s important to note that you won’t be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with roboforex you can visit their website here.

Marcus founded brokernotes in 2014 after trying hard to find a broker for himself to trade and struggling to compare brokers like-for-like. You can find more about brokernotes & marcus here.

Cfds are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you’re prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from http://www.Roboforex.Com/ on 01/01/2021.

Roboforex not quite right?

Compare these roboforex alternatives or find your next broker using our free interactive tool.

Roboforex.Com legit?

Check if roboforex.Com is legit or scam

The website has an unsatisfactory trust rating.

Report was last updated 3 years ago | update now

Here is why we made this classification:

Check roboforex.Com trust rating on WOT database:

WOT is a browser add-on used by millions of users to rate websites and online shops.

If the site has a bad WOT trust rating it means someone had a bad experience.

If your website has a bad rating, ask WOT to review your site.

Roboforex.Com blacklisted? Check the blacklist report below.

We scan the website with multiple domain blacklists to better find out if it is malicious.

A blacklisted website may be implicated in malware or spam activities.

Check when roboforex.Com domain was created:

Unable to get domain name creation date.

A shopping website created less than 4 months ago is too new and potentially suspicious.

If a domain name is too "young" we may have not enough details to judge it.

I would not buy goods from an online shop created a few months ago.

Check if roboforex.Com uses HTTPS:

The website uses a valid HTTPS (SSL) connection.

An online business that handle payments and sensitive user information must use HTTPS.

The HTTPS connection assures that all the traffic between you and the website is encrypted.

Personal websites (such as blogs, portfolios, etc) do not need HTTPS connection.

I would not buy goods from an online shop that has no HTTPS connection.

Check how much roboforex.Com is popular:

The website should have a very good traffic.

The website is ranked #44,274 among millions of other websites according to alexa traffic rank.

Alexa is the most popular service used to rank websites based on their traffic and pageviews.

If the rank is less than 500K the site has a lot of traffic, less than 5M it has some traffic, more than 15M not much.

If the rank is 0 it means the website has no traffic according to alexa data.

Here is what you should check:

Write useful comments including proofs and detailed information.

We may delete comments that doesn't include proofs.

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!