RoboForex Review

Richard Montana | March 25, 2022

RoboForex is a multi award-winning online broker offering 12,000+ trading instruments across 8 asset classes. They provide a range of flexible trading platforms and accounts along with trading tools and indepth market analysis. From the moment of its foundation in 2009, RoboForex has always been focused on providing the best trading conditions using innovative technologies and many years of experience. RoboForex is an international broker who are very proud to provide a variety of services to clients, which are of the same quality for all, regardless their experience and amount of their investments.

Broker Pros / Cons
  • 12,000+ trading instruments across various financial markets
  • Professional & user-friendly trading platforms
  • Tight spreads & low trading fees
  • Flexible account types & funding options
  • Traders educational resources
  • In-depth market research
  • Free powerful trading tools
  • Analytics Center
  • Multiple awards
  • Negative balance protection
  • Segregated client funds
  • Financial Commission member
  • Verify My Trade
  • Around the clock client support
  • Minimum $10 deposit
  • Free demo accounts
  • Swap-free Islamic accounts
  • No US clients
  • No fixed spread accounts

Summary

Founded in 2009, RoboForex is an award-winning online broker offering traders across the globe access to trade over 9,400+ trading instruments in multiple asset classes including Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, ETFs & CFDs.

RoboForex use 8 liquidity providers (LPs), offering spreads starting from just 0 pips, good execution speeds and leverage of up to 1:1000. They claim to have over 800,000 clients in 169 countries, with more than 2 million trading accounts opened.

RoboForex offer the popular MetaTrader platforms, professional cTrader platform and their very own exclusive proprietary R Trader platforms, providing a comfortable trading experience and catering to the needs of different traders. Platforms are available for desktop, web and mobile.

The experienced RoboForex team are focused on implementing the latest innovative technologies to offer the best possible trading conditions to all clients whatever their level of experience or investment size.

RoboForex clients have access to a range of trading tools, educational materials, market analysis, promotions and trading signals. Support is offered 24/7 and there are 20 flexible funding options to choose from.

RoboForex are a rapidly expanding online broker and have been recognised by the financial industry having won over 20 awards and titles including the Safest Broker 2018 (London Investor Show), Best Crypto Broker 2018 (Manchester Investor Show), Best Investment Products 2017 (London Forex Show), Best ECN Broker 2016 (IAFT Awards) and Best Retail Forex Broker 2015 (Mena 15th Forex Show).

RoboForex Award Winning Broker

RoboForex Award Winning Broker

Regulation

RoboForex Ltd is an international broker, which is a member of RoboMarkets/RoboForex Group. RoboForex are headquartered in Belize.

RoboForex Ltd is regulated by the International Financial Services Commission (IFSC), license IFSC/60/271/TS. IFSC is the Belize government agency which regulates financial market services and enforces regulations to protect investors and ensure companies operate in a transparent and responsible manner. IFSC Belize follow international anti-money laundering (AML) policies.

RoboForex Ltd are an “A” category member of The Financial Commission who are an international organisation which aims to resolve disputes between its members and their clients pre-trial through alternative settlements. They are also a participant within the Financial Commissions Compensation Fund that provides eligible traders insurance cover of up to €20,000.

RoboForex Financial Commission

RoboForex Financial Commission

Since 2018, RoboForex Ltd have regularly used the Verify My Trade (VMT) service which provides a quality auditing review of order execution to evaluate how they are executing client orders. RoboForex Ltd sends 5,000 depersonalised client trades for VMT to analyse and compare to other brokers each month. To gain a quality certificate, the results should comply with the market average values. RoboForex Ltd have received an execution quality certificate that confirms compliance with the strict requirements of the Financial Commission to its member brokers.

RoboForex Ltd offers clients negative balance protection which can prevent accounts from going into a negative balance during volatile market conditions. In this instance, they will automatically put the account balance to zero without the client needing to pay anything for this service.

Client funds are held separate from the company funds in segregated account to ensure that they are safe and not used for any other purpose such as the companies running costs.

RoboForex Regulation & Security

RoboForex Regulation & Security

RoboForex do not provide services to residents of the USA, Canada, Japan and Australia.

Platforms

RoboForex have taken into consideration the needs of different traders and provide a flexible range of platforms to suit individual requirements. Each trading platform offers a comfortable and efficient trading environment.

RoboForex offer the popular and widely used MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms for desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet).

There is the cTrader platform for professional traders who need direct STP access to the markets. They also offer their very own in-house platforms: R Trader for desktop, R WebTrader and R MobileTrader.

In addition to the trading platforms offered, there are 2 platforms for providing and copying signals. These are the CopyFX and RAMM platforms respectively.

MetaTrader 4 (MT4)

MT4 is one of the most popular platforms used by new and experienced traders across the world. It has an intuitive interface and many built in features and tools for convenient trading.

There are 3 order execution types, 9 chart timeframes, 50+ integrated technical indicators, graphical objects, automated trading capabilities, strategy tester, one click trading, marketplace, news, alerts and more.

There is a large online MetaTrader community where users share ideas, templates, indictors and automated systems. The MetaTrader marketplace has a number of expert advisors (EAs), indicators and signals to choose from. Some are available for free and some can be purchased.

RoboForex MetaTrader 4 (MT4) Platform

RoboForex MetaTrader 4 (MT4) Platform

MetaTrader 4 (MT4) Mobile App

MT4 is available for download on both Android and iOS devices so that users can trade on the go from anywhere in the world. It has the same familiar interface as the desktop platform with the same embedded features and tools for flexible trading in the palm of your hands.

RoboForex MetaTrader 4 (MT4) Mobile Platform

RoboForex MetaTrader 4 (MT4) Mobile Platform

MetaTrader 4 (MT4) Web Platform

The MT4 web platform runs directly in most popular web browsers without needing to download or install any additional software. It maintains the same features, tools and performance as the desktop platform with the freedom to use it from anywhere in the world with an internet connection.

RoboForex MetaTrader 4 (MT4) Web Platform

RoboForex MetaTrader 4 (MT4) Web Platform

MetaTrader 5 (MT5)

MT5 is a newer more advanced version of the MetaTrader platform with a similar interface, some additional tools and features including 4 types of order execution, 6 types of pending orders, more timeframes, more technical indicators, market depth, multi-currency strategy tester and more.

Users have access to the MetaTrader market with over 1,500 expert advisors (EAs) and technical indicators to choose from. MT5 also features flexible netting and hedging capabilities.

RoboForex MetaTrader 5 (MT5) Platform

RoboForex MetaTrader 5 (MT5) Platform

MetaTrader 5 (MT5) Mobile App

MT5 is available for download on both Android and iOS devices so you can access your trading account whilst on the go. The mobile application contains the same functions and features as the desktop platform.

RoboForex MetaTrader 5 (MT5) Mobile Platform

RoboForex MetaTrader 5 (MT5) Mobile Platform

MetaTrader 5 (MT5) Web Platform

The MT5 web platform lets you trade on the platform through most popular web browsers from anywhere in the world with an internet connection. You do not need to download or install any additional software and it contains the same features as the other MT5 platforms.

RoboForex MetaTrader 5 (MT5) Web Platform

RoboForex MetaTrader 5 (MT5) Web Platform

R Trader

RoboForex have their very own exclusive RoboForex platform for multi-asset trading on financial charts with advanced trading tools for technical analysis built in. Users have access to over 9,400+ trading instruments and many features to satisfy the different trader needs and skill levels. The platform is user friendly and easy to navigate.

R Trader is designed for convenient trading and can be fully customised. It includes level II market depth, unique watchlists, multiple windows, multiple chart layouts, customisable viewing methods, trading from charts, template strategies, technical indicators, market news and one click trading. There is an automated strategy builder for creating and testing trading strategies with historical data all the way back to 1970.

There is no cost or minimum volume requirements to use the R Trader platform and online 24/7 support is on hand to assist you.

RoboForex R Trader Platforms

RoboForex R Trader Platforms

R MobileTrader

The R MobileTrader is available for download on both Android and iOS and is useful for those who wish to have the convenience of trading from their mobile devices from anywhere in the world with an internet connection. It maintains the same functionality as the desktop platforms and is free to download from the relevant app stores.

RoboForex R MobileTrader

RoboForex R MobileTrader

R WebTrader

The R WebTrader has the same capabilities and features as the desktop version but instead runs directly within most modern desktop and mobile web browsers. This is useful for those who need to trade on the go from anywhere in the world. The web terminal does not require any software downloads or updates.

RoboForex R WebTrader

RoboForex R WebTrader

cTrader

RoboForex offer the cTrader platform for professional traders, providing them with direct STP access to the global markets. cTrader is often the choice for experienced traders who require rare types of orders, level II pricing and superior execution speeds.

cTrader features include over 50+ technical indicators, 9 types of advanced interactive charts, 14 timeframes, alerts and more. You can create your own trading robots and indicators in C# using cTrader Automate.

RoboForex cTrader Platform

RoboForex cTrader Platform

cTrader Mobile

cTrader mobile has the same features as the desktop version and is available for download on both Android and iOS devices. You can set notifications within the mobile app and conveniently manage your account on the go from anywhere in the world.

RoboForex cTrader Mobile

RoboForex cTrader Mobile

cTrader Web

The cTrader web platform runs in most modern browsers without needing to download any additional software. It functions the same as the desktop platform running with the flexibility and independence of a web interface.

RoboForex cTrader Web

RoboForex cTrader Web

RAMM Platform

The RAMM platform lets traders invest in other trading strategies with increased control over risks and proportional profit distribution. It has an intuitive user interface where you can choose to subscribe to or provide your own strategies. You can choose how much you wish to invest and remove or add strategies at any time. It is important to note that previous results and performance are by no means any indication or guarantee of future performance.

RoboForex RAMM Platform

RoboForex RAMM Platform

CopyFX Platform

The CopyFX platform allows traders to copy other traders’ transactions or to offer strategies for others to copy. Users can specify conditions and create subscriptions from within the RoboForex Members Area. It is important to note that previous results and performance are by no means any indication or guarantee of future performance.

RoboForex CopyFX Platform

RoboForex CopyFX Platform

Tools

RoboForex have a vast collection of independent trading tools available to clients. This includes market analysis tools, calculators, calendars and a VPS service.

RoboForex Analytics Center

The RoboForex analytics center provides all analytics in one place and is free to all RoboForex clients. It can be accessed from your browser or you can download the Android and iOS applications to conduct analysis from your mobile device.

The analytics center supports 13 languages and features a large selection of up to date information for analysing the financial markets including market sentiment, technical and fundamental analysis. It is accessed independently from the trading terminal with a user-friendly compact display, interactive data layout and fully customisable filters.

RoboForex Analytics Center

RoboForex Analytics Center

Feed

The feed section gives an overall market overview showing fundamental, technical, and wave analyses, Fibonacci retracements, Ichimoku Cloud, forecasts for a week and commercial news. In this section you can find up to date economic data and trade recommendation based on key parameters.

RoboForex Analytics Center Feed

RoboForex Analytics Center Feed

Calendar

The economic calendar displays up to date fundamental data and indicators including the latest market news, public holiday dates, bank interest rates, worldwide economic indicators, trading sessions and dates when registries of the world’s leading companies are fixed. Each subsection can be filtered and searched according to user requirements.

RoboForex Analytics Center Calendar

RoboForex Analytics Center Calendar

Signals

The signals section displays signals in a table format along with data available on 7 timeframes from the 1 minute to daily. Technical indicators used include multiple moving averages, Bollinger Bands, Ichimoku, Stochastics, William`s, ZigZag and market sentiment charts.

RoboForex Analytics Center Signals

RoboForex Analytics Center Signals

Tools

This section contains tools such as historical volatility chart, pivot point level calculations, Fibonacci retracements and more. The data is conveniently displayed to assist with conducting market analysis based on the calcualtions from each of the tools.

RoboForex Analytics Center Tools

RoboForex Analytics Center Tools

Chat

There is a chat section where you can read question and answers from other users as well as ask questions of your own to the experienced analysts.

Education

The education section has ready-made trading strategies for different styles of trading and video tutorials from MetaQuotes for insights into expert advisors, signals, hosting and more.

Video

The video section contains weekly video forecasts for some of the most popular trading instruments.

R Trader Strategy Builder

RoboForex have a free and easy to use strategy builder tool where you can create your own automated trading systems without needing to conduct any complex coding. The strategy builder has a simple to use point and click interface where you can design, back test and deploy automated trading systems based on your own strategies.

RoboForex R Trader Strategy Builder

RoboForex R Trader Strategy Builder

The automated strategies are saved and run from the server and thus there are minimal execution delays. As the strategy builder hosts the strategies on a secure cloud server, there is no VPS required and they can be accessed from anywhere at any time. There are pre-designed templates that you can use to familiarise yourself with the builder or expand on.

RoboForex R Trader Strategy Builder Design

RoboForex R Trader Strategy Builder Design

You can back test your strategies on different markets and timeframes. Back testing data from 1970 is available for long term testing although it is worth noting that historical results are by no means a guarantee of future performance. Support is on hand to assist you with questions related to the strategy builder.

RoboForex R Trader Strategy Builder Back Test

RoboForex R Trader Strategy Builder Back Test

Trading Calculator

The trading calculator allows you to calculate your position parameters based on instrument, leverage, lot size and account currency. This can help with planning and trading decisions.

RoboForex Trading Calculator

RoboForex Trading Calculator

Economic Calendar

RoboForex have an economic calendar that displays the latest upcoming financial news events. This is often used as part of a fundamental analysis. Key events and highlight are displayed such as news reports, prices indices and financial indicators, the latest inflation and unemployment readings. You can view dates and times of speeches and reports delivered by heads of global financial regulators. News can be filtered by impact (low, medium, high), date and country.

RoboForex Economic Calendar

RoboForex Economic Calendar

Virtual Private Server (VPS)

A VPS allows you to remotely run your trading platform 24/7 so that you do not always need your computer on. They are often used where there is the need to run an automated trading system around the clock or if the local internet connection is unreliable and you need minimal downtime.

VPS’s can be accessed via desktop, laptop or mobile devices at the same time. RoboForex offer a free VPS to eligible clients. To qualify for a free VPS, clients need to maintain an account balance of at least $300 and produce a monthly trading volume of at least 3 standard lots.

RoboForex VPS

RoboForex VPS

Education

RoboForex have some educational material suitable for different skill levels of traders. There is market analysis, video tutorials, FAQs and trading tips.

Analysis & Forecasts

The analysis & forecasts section contains frequently updated and detailed technical and fundamental analysis across different markets.

Educational Videos

RoboForex clients have free access to several video tutorials from the analytics center. These are especially useful for beginners as subjects covered include the market basics, technical and fundamental analysis, trading psychology and risk management.

FAQs

There is a vast frequently asked questions area on the RoboForex website that covers a range of topics from the services and products they provide to general trading questions.

Trading Tips

There is a trading tips section on the RoboForex website that has some useful tips for trading safely, minimising risk and preparing yourself.

RoboForex Blog

The frequently updated RoboForex blog has a wealth of articles covering different topics such as analysis, education, markets and more.

RoboForex Blog

RoboForex Blog

Markets

RoboForex have a very large selection with over 12,000+ trading instruments from multiple markets including Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, ETFs & CFDs.

Forex

RoboForex offer forex trading on 40+ major, minor and exotic currency pairs, including EURUSD, GBPUSD, USDJPY, EURGBP and USDCHF. Leverage of up to 1:1000 is available with spreads from 0 pips and execution speeds from 0.1 seconds.

RoboForex Forex Instruments

RoboForex Forex Instruments

Stocks

RoboForex offer contract for difference (CFD) trading on American, German, and Swiss stocks. Clients gets access to more than 9,400+ stocks such as Apple, Amazon, Facebook, Google, Tesla and much more. There are real time online quotes, stock exchange charts and leverage of up to 1:20.

RoboForex Stocks

RoboForex Stocks

Indices

RoboForex clients have access to popular indices with spreads from 0 pips and execution speeds from 0.1 seconds. Instruments offered include the Dow Jones, NASDAQ, TSX and SPX.

RoboForex Indices

RoboForex Indices

ETFs

RoboForex offer more than 1,000+ exchange-traded funds (ETFs) for trading with leverage up to 1:20 and spreads from 0 pips.

RoboForex ETFs

RoboForex ETFs

Soft Commodities

RoboForex clients can invest in ETFs with 1:20 leverage on more than 100 soft commodities such as cocoa, coffee, corn, wheat, sugar, soybean and fruit.

RoboForex Soft Commodities

RoboForex Soft Commodities

Metals

RoboForex offer traders Gold (XAU/USD), Silver (XAG/USD), and ETFs on gold, palladium, platinum and silver. Spreads start from as low as 0 pips with order execution speeds from 0.1 seconds.

RoboForex Metals

RoboForex Metals

Energies

Clients can trade ETFs and CFDs on energy commodities including oil (WTI, Brent), natural gas, and ethanol. Spreads start from 0 pips and leverage of up to 1:100 is available.

RoboForex Energies

RoboForex Energies

Cryptocurrencies

RoboForex clients can trade CFDs on 26+ cryptocurrencies including Bitcoin, Bitcoin Cash, Dash, EOS, Ethereum, Litecoin, and Ripple. Cryptos are available to trade 24/7 with leverage up to 1:50.

RoboForex Cryptocurrencies

RoboForex Cryptocurrencies

Cryptoindexes

RoboForex clients can access the global cryptomarket with Cryptoindexes, Crypto.TOP and Crypto.ALT. When buying Cryptoindexes, you are investing in the growth of the whole cryptocurrency market, rather than just individual instruments.

RoboForex Cryptoindexes

RoboForex Cryptoindexes

Accounts

RoboForex have several flexible account types for different trader requirements. The main difference between the account is that some offer lower variable spreads with a commission charge and others offer marked up variable spreads with no commission charge. Demo accounts are available to test the different trading platforms and conditions before opening a real account. Swap free Islamic accounts that comply with Sharia law are available upon request.

RoboForex Account Types

RoboForex Account Types

Pro-Standard Account

This account requires a $10 minimum deposit, has variable spreads from 1.3 pips and charges no commission fee. Maximum leverage is 1:1000 with minimum order size 0.01 lots and maximum order size 100 lots.

ECN-Pro Account

This account requires a $10 minimum deposit, has variable spreads from 0 pips and a $20 commission fee per 1 million in traded volume. Maximum leverage is 1:300 with minimum order size 0.01 lots and maximum order size 50 lots.

Prime Account

This account requires a $5,000 minimum deposit, has variable spreads from 0 pips and a $15 commission fee per 1 million in traded volume. Maximum leverage is 1:100 with minimum order size 0.01 lots and maximum order size 50 lots.

Pro-Cent Account

This account is similar to the pro account but uses cents rather than dollar. It requires a $10 minimum deposit, has variable spreads from 1.3 pips and charges no commission fee. Maximum leverage is 1:1000 with minimum order size 0.1 lots and maximum order size 500 lots.

Affiliate Account

There are affiliate versions of the pro-standard and ecn-pro accounts that have increased spreads and commissions for clients who are receiving additional services from RoboForex partners.

R Trader Account

This account offers over 9,400+ instruments and requires a $100 minimum deposit. It has variable spreads from $0.01 pips and a minimum $1.5 commission fee. Maximum leverage available varies and goes up to 1:200 with minimum order volume of 1 stock and maximum order volume of 2,000 stocks.

Support

RoboForex offer 24/7 professional support in 11 languages. Support are ready to answer your questions via online chat, phone and email. There is also a call back services where you can leave your number for them to get directly in touch with you.

RoboForex Customer Support

RoboForex Customer Support

Funding

RoboForex have over 20 payment systems that you can use for depositing and withdrawing funds to and from your trading account. You can choose the method that is most convenient for you. There is 0% commission for deposits and withdrawals as all expenses are covered by RoboForex. They also compensate clients commission for funds withdrawal twice a month.

Funding options include bank wire, credit card and online payment systems such as Neteller and Skrill. Please note that some methods may only be available to specific countries.

Withdrawal requests are processed within the same day or next if outside working hours. The withdrawal time can vary depending on the payment provider and method. Bank transfers may take a few business days to clear whilst some methods can be instant.

Some payment systems may have transaction limits, restrictions, and requirements which are indicated on their respective websites. You may need to verify your account to remove limits on particular methods in some countries.

Accounts can be opened in EUR, USD, CNY, RUB, BTC, ETH, GOLD. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency.

Accounts have two-step authentication for extra security. This helps to protect your personal information and funds by using SMS verification and back up codes.

RoboForex Deposit & Withdrawal Methods

RoboForex Deposit & Withdrawal Methods

Signup

Opening a trading account at RoboForex is a fast and simple process. You simply complete the short online registration form to get access to the members area. Upon completion you can then apply for a trading account which will require you to upload some documentation for KYC purposes. These documents can be a proof of identification such as a passport or drivers license and a proof of address such as a utility bill. Once your documents have been verified, you will be able to fund your trading account and commence trading.

RoboForex Account Opening

RoboForex Account Opening

FAQ

What is the RoboForex minimum deposit?

The minimum deposit depends on the account type: ProCent, Pro, and ECN: 10 USD / 10 EUR or equivalent in the account currency. R StocksTrader and Prime: 100 USD / 100 EUR.

How do I deposit money into RoboForex?

You can deposit funds to your account using any payment system available in your Members Area, including bank wire transfer, credit/debit card and various e-wallets.

What are RoboForex deposit fees?

RoboForex do not charge any fees when deposits are made into the trader’s account.

How do I withdraw money from RoboForex?

You can withdraw funds from your account in your Members Area. Depending on the chosen payment system, you may be asked to specify some additional information on the next page to create a withdrawal application. Please note that withdrawal applications are processed by the Company within two business days from 9:00 AM to 6:00 PM (EET).

What are the RoboForex withdrawal fees?

The withdrawal fee depends on the payment method that you are using, ranging from around 0-2.5% of the amount being withdrawn form your account.

What is the RoboForex commission fee?

Commissions are charged according to the type of account the trader has varying between US Dollar 1.5 on the R Trader Account, US Dollar 15 on the Prime Account, and US Dollar 20 on the ECN-Pro Account.

Are there any RoboForex inactivity fees?

RoboForex does not charge a fee for inactive accounts.

What are the RoboForex account types?

RoboForex provides five different account types, namely Prime account, ECN account, R Trader account, Pro-cent account and Pro-Standard account. Each account type has its own set of conditions for commission, fees, margin call, leverage, and minimum deposits.

Is there a RoboForex demo account?

RoboForex offers its customers a whole range of demo accounts, each of which fully answers a particular type of real account with all of its terms and conditions. One of the easiest ways to avoid any losses in training or experimental processes is trading with the virtual money on demo-accounts.

If for some reason you’re not satisfied with virtual funds, or you think that you are ready for real trade, the Company provides a wide range of real Cent accounts. They are equivalent in their characteristics to the standard (dollar) accounts, but allow beginners to test their skills without incurring any significant losses, and professional traders – to test robots or new strategies at minimum expense.

What are the RoboForex spreads?

Like the majority of brokers, RoboForex takes a fee from the spread, which is the difference between the buy and sell price of an instrument. RoboForex has a low and extremely competitive spread when compared to what many other brokers offer by offering a tight spread that starts from just 0.0 pips.

What is the RoboForex leverage?

RoboForex offers its clients to trade on MT4 / MT5 accounts with increased up to 1:1000 leverage. Increased leverage not only allows traders to increase their initial capital, but also opens up other opportunities for them. Just make sure that you keep in mind the significant risks involved with trading using leverage.

Do RoboForex allow hedging, scalping, news trading & expert advisors?

Yes, RoboForex does not have any set restrictions on different trading strategies.

Is there a RoboForex Islamic account?

Yes, RoboForex offers Islamic Swap-Free accounts. The Swap-free account type was created for clients of Muslim belief, who are not allowed to trade with swaps because of Sharia laws. Swap-Free accounts are charged a fixed forex commission, which depends only on the type of currency pair and number of open lots, but not on the issuing banks’ interest rates.

What are RoboForex trading instruments?

RoboForex clients can pick up desired instruments from a wide range of trading assets, including CFDs on Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies and ETFs.

How do I open a RoboForex live account?

A new trading account at RoboForex can be opened in few simple steps:

Register in the Members Area.
Go to “Live Account” page in the first section of your Members Area.
Choose suitable parameters and the type for your new account.
Click “Confirm”.

How do I verify my RoboForex account?

You can verify your RoboForex account by providing a proof of identification and up to date proof of address, no more than 6 months old.

What is RoboForex trading platform?

RoboForex have an excellent choice of trading platforms for desktop, web browser and mobile trading apps. The RoboForex platforms include some of the best in the industry:

MetaTrader 4
MetaTrader 5
R Trader
cTrader

Where can I download RoboForex platform?

You can download the platforms free of charge from the RoboForex website.

Where is RoboForex located?

RoboForex is based in Belize.

Is RoboForex regulated?

RoboForex has been operating since 2009 and is regulated by the International Financial Services Commission (IFSC) of Belize. The regulator ensures that only the most reliable and socially responsible companies receive the license to operate within Belize and beyond.

As a financial market regulator, IFSC Belize carries out certification of and control over the market members, as well as guarantees efficiency, honesty and transparency of the work of its grantees.

What countries does RoboForex not accept?

RoboForex Ltd does not offer services to the USA, Canada, Japan, Australia, Bonaire, Curaçao, East Timor, Liberia, Saipan, Russia, Sint Eustatius, Tahiti, Turkey, Guinea-Bissau, Micronesia, Northern Mariana Islands, Svalbard and Jan Mayen, South Sudan, and other restricted countries.

Is RoboForex a scam?

No, RoboForex is not a scam. They are an established and regulated trading broker that has a diverse range of trading products that caters to traders from all backgrounds.

How can I contact RoboForex support?

You can contact RoboForex customer support via online chat, telephone, email and various social media channels.

Compare

Compare Broker (vs Our Top 3 Brokers)
Broker FeaturesAvaTradeIGIC Markets
Founded200619742007
RegulatedASIC, BVI, CBI, FFAJ, JFSA, FSCA, IIROC, ADGM FRSAFCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFFASIC, CySEC, FSA, SCB
CountryAustralia, Ireland, South Africa, Japan, British Virgin IslandsAustralia, UK, USA, Switzerland, UAE, Singapore, JapanAustralia, Seychelles, Bahamas, Cyprus
Min. DepositMin $250 DepositMin $100 DepositMin $200 Deposit
CommissionFrom $0From $0From $0
SpreadsFixedVariableVariable
Leverage1:4001:2001:500
InstrumentsForex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Options, Bonds, CFDs, ETFsForex, Commodities, Stocks, Shares, Indices, Cryptocurrencies, Metals, Energies, Options, Bonds, ETFs, CFDsForex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs
PlatformsMetaTrader 4, MetaTrader 5, AvaTradeGO, AvaOptions, AvaSocial, DupliTrade, ZuluTrade, Web, MobileMetaTrader 4, IG Platform, IG Progressive Web App, ProRealTime (PRT), L2 Dealer, FIX API, Web, MobileMetaTrader 4, MetaTrader 5, cTrader, Web, Mobile
TypeMarket Maker, STPSTP, ECN, DMAECN
FundingWire Transfer, Credit/Debit Card, Paypal, WebMoney, Neteller, SkrillWire Transfer, Credit/Debit Cards, PayPalWire Transfer, Credit Card, Debit Card, WebMoney, Neteller, PayPal, Skrill, FasaPay, UnionPay, Qiwi, Bpay, Poli
Visit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit Broker

Conclusion

RoboForex is a multi-award-winning online broker offering a vast array of trading instruments across multiple asset classes. They offer a good choice of flexible trading platforms and account types as well as funding options. There is a range of trading tools to assist with trading and plenty of frequently updated detailed market analysis provided.

RoboForex Logo

Min $10 Deposit

RoboForex is a multi award-winning online broker offering 9,400+ trading instruments across multiple asset classes. They provide a range of flexible trading platforms & accounts along with trading tools & market analysis.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

About the Author

Richard Montana
Richard has many years of experience in broker research, testing, analysis and reviews. He knows what to look for through years of trading himself with different brokers and listening to the feedback of others.

Review Methodology

For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. You can read more about our review process.

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