Roboforex review 2021

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.

Roboforex review 2021

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.

Opening an account

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

Funds withdrawal

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

Trader training

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

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

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

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

Should I trade with roboforex?

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

Roboforex review

28 october 2020 - kate leaman

Our review of roboforex explores a forex broker with a goal of delivering the best trading conditions via experience and innovative technology. Roboforex launched in 2009, and the broker now offers an impressive range of over 12,000 instruments in eight asset classes. It is regulated by the IFSC belize, is a member of the the financial commission, and has earned dozens of awards since its inception. Most recently, roboforex won the title of “best global mobile trading app.”

Trade more than 12,000 instruments

Access cryptocurrencies as well as cryptoindices

Roboforex is licensed by the IFSC belize

Best broker for offering deposit methods for everyone

Does not accept clients from canada, the US, australia, or japan

Roboforex overall scores

In this review, you can find all the information you need to decide whether roboforex is the right broker for you. Our expert team has thoroughly explored the broker, using a tested methodology and scoring system. This process places importance on the things we know matter most to traders. Below you can see how roboforex scored in each of our high-priority categories.

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Roboforex review and tutorial 2021

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

Trade FX with high leverage levels.

Trade crypto coins against the USD and EUR.

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

Roboforex company details

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

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

Trading platforms

Metatrader 4

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

Roboforex MT4 platform

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

Metatrader 5

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

Roboforex MT5 platform

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

Ctrader

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

Roboforex ctrader web platform

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

R trader

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

Roboforex R trader platform

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

Roboforex assets

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

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

Spreads & commission

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

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

Leverage

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

A useful margin calculator is provided on the website.

Mobile apps

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

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

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

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

Roboforex mobile trading

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

Payment methods

Deposits

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

Withdrawals

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

Demo account

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

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

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

Bonuses

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

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

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

Regulation

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

Additional features

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

Roboforex economic calendar

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

Accounts

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

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

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

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

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

Benefits

Reasons to open a roboforex account include:

Bonuses offered

Decent range of assets

4 live trading platforms

Commission-free trading

Copytrade investment platforms similar to zulutrade

Drawbacks

The only major drawback for registering with roboforex is:

US clients not accepted

Trading hours

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

Japan & singapore – 02:00 – 10:00

Hong kong – 03:00 – 11:00

Frankfurt – 08:00 – 16:00

London – 09:00 – 17:00

New york – 15:00 – 23:00

Chicago – 16:00 – 24:00

New zealand & sydney – 22:00 – 06:00

Roboforex also posts useful trading schedule changes for national holidays.

Customer support

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

Email – info@roboforex.Com

Telephone number – +65 3158 8389

Online callback form – contact us page

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

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

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

Security

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

Roboforex verdict

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

Accepted countries

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

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

Is roboforex a scam or not?

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

How do I open a roboforex account?

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

How can I delete my roboforex account?

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

Does roboforex accept US clients?

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

Is roboforex a market maker?

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

Roboforex review 2021, user comments & rating

Roboforex has been operating since 2009 and is regulated by the IFSC, license no. 000138/107. From the moment of its foundation, roboforex has always been focused on providing best trading conditions using innovative technologies and many years of experience. Roboforex is an international broker, which offers 8 asset types and more than 12,000 instruments for trading. We’re very proud of a variety of services we provide our clients and partners with, which are of the same quality for all, regardless their experience and amount of their investments. Learn details roboforex review

Roboforex review & rating

brokers	info
broker website	website
company name	robomarkets ltd.
Foundation year	2009
regulated	IFSC
location	australia belize
broker type	MM \| STP \| ECN
deposit & base currency	10 USD – JPY, ‎RUB, EUR, USD
US traders	no
max. Leverage	1:2000

Regulation details

Roboforex is a forex broker located in belize, regulated by the international financial services commission of belize (IFSC).

Roboforex is a part of robo holding group that also includes robomarkets company, which operates in cyprus and is regulated by the cysec.

Advantages

Own pool of PAMM trading accounts and advanced social trading network (copyfx).

Thousands of stocks and hundreds of etfs available for trading.

1:50 leverage offered for cryptocurrency trading.

Tight spreads on major currency pairs.

Cryptocurrency funding accepted.

Contact information

Address – 2118 guava street, belama phase 1, belize city, belize

Roboforex UK review 2021

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

Roboforex is a multiple award-winning broker that provides access to forex, cfds, indices, shares, commodities, cryptocurrencies, cryptoindices, etfs. With roboforex traders can use both the metatrader4 and metatrader5 platforms.

Cryptocurrency traders have a very decent number of coins to trade at roboforex, 7 in fact: BTC, ETH, XRP, LTC, DSH, BCH and EOC.

Roboforex summary

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

Ratings

CFD trading

Trade cfds with up to 1:2000 leverage.

FTSE spread	N/A
GBPUSD spread	2
oil spread	5.2
stocks spread	from 0.1

Forex trading

Trade FX with high leverage levels.

GBPUSD spread	2
EURUSD spread	1.4
EURGBP spread	1.6
assets	40+

Cryptocurrency trading

Trade crypto coins against the USD and EUR.

Spread	variable
coins	BTC, ETH, XRP, LTC, DSH, BCH, EOC

Payment methods

Roboforex accepts the following payment methods:

Visa

Ideal

Trustly

Neteller

Skrill

Webmoney

Giropay

Sofort

Yandex money

QIWI

Wire transfer

Fasapay

Rapid transfer

Alipay

Poli

Perfect money

Moneygram

Cashu

Awards

Roboforex is an award-winning broker, with 6 awards received so far.

Best global mobile trading app 2020 - global forex awards B2B

Best broker of the CIS 2019 - IAFT awards

Best investment platform 2019 - IAFT awards

Best educational forex-center CIS 2019 - IAFT awards

Best stock broker asia 2019 - international business magazine awards

Best investment products 2019 - global brands magazine

Roboforex vs other brokers

If you want to compare roboforex with other brokers, use the detailed comparisons below.

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

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

Traders reviews

Length of use: 0-3 months

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

Length of use: over 1 year

The answer has been provided in the ticket.

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

Length of use: 0-3 months

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

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

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

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

Length of use: over 1 year

I'm using roboforex for 3 years.

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

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

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

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

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

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

Ticket. Again. Very unprofessional answers and services.

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

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

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

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

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

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

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

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

Roboforex – forex broker rating and review 2021

status
	http://www.Roboforex.Com/
regulation	cysec, IFCS belize, ICF
trading software	metatrader4, metatrader 5, ctrader, currenex, viking trader
headquartered	4 modestou panteli, office 005, mesa geitonia, PC 4003, limassol, cyprus

Roboforex is a new zealand based and registered forex broker providing online currency trading services on global international financial markets. The company’s head representative office is located in auckland, new zealand. The broker’s operations and services are regulated by NZCA and cysec. Besides, roboforex is a member of the financial services complaints ltd. And is registered as a investment services provider in the financial service provider register new zealand.

Trading accounts with roboforex start from $10 with leverage from 10:1 up to 500:1 and spreads on major currency crosses from 0 to 3 pips. The spread can be both variable and fixed according to a client’s choice. Customers are also allowed to choose the number of digits after the dot in quotes between 4 and 5 and the kind of execution between instant and market one. For company’s registered customers demo accounts are also available. The broker offers trading with such widely popular trading platforms as metatrader 4, metatrader 5 and ctrader. All the platforms are very user-friendly and highly customizable. The minimum position size is 0.001 lots. The interest charge on the deposit is from 3.0% to 3.5% annually depending on the amount of the deposit. Besides, ECN accounts are also available and start from %1000.

Besides online currency trading the partnership program is available for the broker’s customers. Also, roboforex offers its’ customers over 200 trading tools, including metals, energies, commodities, indexes and shares. The funds depositing and profit withdrawal are possible with a wide range of payment systems. The company’s website and customer support are available in multiple languages. The broker’s clients can get technical support and financial advices by email, phone, online chat or by ordering a callback.

The company has thousands of customers throughout the world and is permanently developing. The broker render its’ financial services both to individual traders and investment organizations. The roboforex analytical department provides traders with all the necessary financial data, such as market reviews and technical and fundamental analysis, on a daily basis.

Since its’ foundation in 2009 the broker has received such major financial rewards as exchanges & brokers awards 2013 - best execution broker, eastern europe and fastest growing ECN broker eastern europe 2012.

Roboforex trading information

Roboforex — latest reviews and comments 2021

This roboforex is a total joke like they are always telling you to submit a claim by creating a ticket, that ticket is going to take forever before they can reply. I have been trying to change my number with no success, last time wanted a withdrawal request cancelled until now no reply.

Junior nyapere 7 january, 2021 reply

Dear junior nyapere, please provide more details relating to your issue to help us find out possible reasons and give a comprehensive answer. Sincerely, roboforex.

Manager RF 11 january, 2021

I'm using roboforex for 3 years. This broker used to be really reliable, like internet say trusted but. For a year ago, things started to happen, visa/mastercard deposit and withdraw is changing all the time. I think those have changed like 4-5 times. Even more of that; now there is no option to deposit and withdraw. Think about that CFD broker with no visa/mastercard option? It is pretty shame that 10 years of experience and not solving card methods. I can't even say a word. Anyway, that is not a main part. Support is completely dead. They are really not that experienced or something. They just answer you in like 15-30 minutes later. Ticket. Again. Very unprofessional answers and services. Yet, withdrawal options were great! Prime account is superior for retail traders. I have been institutional trader (corporate) and retail too. So roboforex is maybe the leader in the world. So here is my suggestion. This broker is definitely not scam but I can't say for real sure because of visa methods. Since visa or master heavily regulated and roboforex is failing on visa side requirements. For 3 years of feeling, this broker is just dying out of market. Lack of support and unprofessional feedback to clients. By the way, their withdraw system is the one you can find on internet. I mean for retailers. I remember that my card withdraw transacted in 3 seconds. In my bank account only in 3 seconds not 2 days or something. So again this broker is not scam at all. Only concern arise when they change something without notice and unprofessional feedback to clients. That is it. Hope I helped people and goodluck with trading. Always follow trend. Account number: 7801601.

Anujin erdenetsogt 21 december, 2020 reply

Dear anujin erdenetsogt, thank you for your feedback. We always strive to increase the efficiency of our operations and activities and valid criticism only helps with that. To get advice on the best way to withdraw funds, please contact the company's payment department via a ticket from your members area. Sincerely, roboforex.

Manager RF 22 december, 2020

I have had some very odd results with this broker. I wouldn't touch them with a barge pole.

Adrian 30 november, 2020 reply

Trading precious metals is one of the most popular ways of diversifying your portfolio. Trade spot gold and spot silver prices against the US dollar and other major currencies with a global broker today, and reap the potential benefits.

This broker is not good at all, I withdrew some profit, untii now have not recieved. It's too much.

Aaron 17 september, 2020 reply

Dear aaron, unfortunately, your comment contains no data to back up your claims, which is required for handling them. Sincerely, roboforex

Manager RF 18 september, 2020

Trade with 10 dollars for while and you will learn who they really are. They can't be trusted. My account number 21044099.

Saeed 30 august, 2020 reply

Dear saeed, if you have any questions or claims, submit them to the company's live support via a ticket in your members area. Sincerely, roboforex.

Manager RF 2 september, 2020

Closed account suddenly without any reason! Opened account with them one year ago, was positive surprised concerning their professional behavior, no problems, started to make small profits since april - no problems with price, slippage or like that, fast withdrawls minor amounts, (between 30 and 200 EUR), never problems like "i got no money" or "they refuse withdrawal", traded on pro and ECN accounts, deposit bonus allways without problems. Suddenly, one afternoon in august, trading was no more possible, two hedge positions were closed automatically. Next they i got an answer on my request, why trading is not possible. The answer was, they simply decided to terminate the contract without a reason, according to their client agreement: "4.15: the company has the right to terminate this agreement immediately provided that the company informs theclient in writing about it." I dont know untill today, what the real reason is, why they cancelled the account. Don't open account, they may close it when you make profits!

Karl 25 august, 2020 reply

Dear karl. Unfortunately, your feedback contains no data to support your complaints, thus making it impossible for us to handle them. Please write your request to email (please specify your account number) for receiving explanations. Sincerely, roboforex

Manager RF 26 august, 2020

Thats the answer of the account-manager next morning after the day when the trading function was interrupted, main account 20094457: hello! We officially notify you that the company has decided to terminate cooperation with you in accordance with clause 4.15 of the client agreement: 4.15 the company has the right to terminate this agreement immediately provided that the company informs the client in writing about it. Please withdraw the remaining funds from your accounts within the next 10 days. Yours sincerely, roboforex ticket details. Ticket ID:907717, priority:medium, status:closed. Thats a very poor answer. Maybe you here have the eggs to give the real reason, but I really don't think so.

Karl 6 october, 2020

Roboforex, it's your sincere adegbenga omotowoju. I am writing this as regards to what happened to my account recently about $266 was deducted from my account in name low margin level and equity and I was left with only $3 in my account my deposit was $100 my bonus was $30 and that of my profits was $136. Please help.

Adegbenga 25 may, 2020 reply

Dear adegbenga, please, write a ticket on this issue in your members area. Sincerely, roboforex

Manager RF 27 may, 2020

Very clever scammers stole all the money from my and my friends 'accounts on march 6. They have permission to operate only offshore. For deception all their offices closed in russia, in ukraine their activities are prohibited.All trades are imitated, they steal all your money.

Dear vlad. Roboforex is a regulated broker. The company has been in the market for over 10 years gaining the trust and loyalty of its customers and counterparties around the world. We remind you that, 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. Sincerely, roboforex

Manager RF 4 may, 2020

My account 22072582-pro-standard-2. I have been trading for them for a while until they scammed my account with 4500$. How did this happen? Check: tuesday 22/04/2020 WTI oil was trading internationally at 9:00 AM GMT at about 12$ per barrel, and that I mean futures, spot prices, averages, and everything. I had enough coverage to support oil at 7$ and shorts on tesla and S&P that will hedge against any drop. But unfortunately, roboforex made bets against their clients and took oil to 3$ while it was trading everywhere for 15$ at the same time. Their charts are there and international prices are well known and available to everyone. After many emails to the dealing department, they said that they cannot do anything as this is an OTC price (which is something not regulated anyway) and their liquidity providers had WTI oil price at 1$. So what roboforex did was taking their clients money taking those positions in WTI for themselves. Those people are in belize and the don't care about your money, they bet against you and you can do nothing. If anyone is asking for details, I can provide a screen record of my whole account and all trades so you can check and make sure by yourself. Thank you

Georgio 22 april, 2020 reply

Dear georgio. Unlike for exchange-traded standardized contracts, there is no single correct price for OTC derivatives offered by various venues. It is, therefore, natural for brokers to have different flows of quotes. This happens because different brokers work with different liquidity providers, who in turn work with their own pools of banks, and other kinds of liquidity sources. You can only expect price equivalence for the very same instrument traded within a regulated market, not for an instrument and its derivative and nor for OTC. This means that the difference in our prices and prices offered by other brokers does not automatically mean that our prices are incorrect. This aspect is also openly and clearly stated in clause 3.11 of the client agreement. It is especially important to keep this in mind when trading instruments such as oil derivatives, as different brokers have different mechanisms towards the pricing of this instrument. As we discussed with you in length during the past few days, the positions you are referring to were closed correctly as the margin level of your account reached the stop out level. Sincerely, roboforex

Manager RF 24 april, 2020

In a few days, roboforex stole money from many people 's accounts, too. From my account 33009838. It is a high qulity scam everything looks like real real broker has a beautiful website support service copying changes in real exchange rates. Depends on what they want to do with your money. Roboforex is an international swindler but banks cannot block transactions with them on the first you agree to user conditions on the second they can block only with the instructions of interpol. Roboforex likes to refer to a license issued in belize she allows activities only offshore oni can learn from legal and financial organizations.

Vlad 16 march, 2020 reply

Dear vlad. We remind you that, 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. If the risks involved seem unclear to you, please apply to an external professional for an independent advice. Sincerely, roboforex

Roboforex review

28 october 2020 - kate leaman

Trade more than 12,000 instruments

Access cryptocurrencies as well as cryptoindices

Roboforex is licensed by the IFSC belize

Best broker for offering deposit methods for everyone

Does not accept clients from canada, the US, australia, or japan

Roboforex overall scores

Brokers available in united kingdom

Discover a broker you can trust by reading our in-depth and honest reviews, created by industry experts. Since 2015, we’ve reviewed over 200 forex brokers.

Roboforex review

Roboforex review :
company information

Established in new zealand in 2009, roboforex is one of the safest and most popular online brokers in the world. From the positive feedback from all the web portals, it is easy to see that the trader who knows roboforex often prefers it to the competition.

The opinions and analyzes of specialists verify this effect, as they tend to agree that roboforex is one of the best places to invest in forex. With four platforms and seven types of trading among its options, roboforex is one of the most versatile brokers.

Read on to learn more about roboforex, the broker that is being talked about among the opinions of both new and experienced users.

Disclaimer risks incurred: you risk your capital. Statistically, only 11-25% of traders manage to make profits through forex trading and cfds. 75-89% of clients lose their investment. You must be able to afford to expose your capital to such risk

Roboforex review :
platforms & tools

You can choose one of the four platforms to use roboforex as your personal broker. The tools and how to view your account depend on the platform you choose, so its importance should not be underestimated.

The most widely used of roboforex’s platforms is metatrader 4, which is not exclusive to the site. It’s the one with the best tools, that works for a wide range of broker account holders, from newbies to professionals.

Metatrader 5, in turn, is an updated version of the just-named one, but it has yet to reach its peak. Experts agree that it will eventually outperform its predecessor.

Ctrader, on the other hand, is a platform designed for more experienced traders who need speed in executing orders, and less conventional and more complex instruments to visualize and execute their trading strategies. Roboforex covers a wide range of investors.

Roboforex also offers applications for mobile phones as mentioned above. The idea of transacting anytime, anywhere is a popular favorite, and the platforms are available for the play and apple store.

The platform you use will not change your account type or fees and commissions. You can also trade currencies, bitcoin indices, and all types of currency and commodity trading.

Roboforex review :
trading accounts

Roboforex review :
cent account

In addition to conventional trading accounts, roboforex offers specific accounts which are based on certain types of trading, or which are intended for users with certain expectations.

With a minimum deposit of 10 dollars and a minimum spread of 1.3 pips, you can use the most popular platforms of roboforex i.E. Metatrader 4 and 5 to trade more than 36 currencies.

Roboforex review :
ECN account

ECN accounts are intended for professional use only, and will only be available on roboforex from 2020. With leverage of up to 1: 500, minimum spread of 0 pips and the classic minimum deposit of 10 $, you can use it with MT 4 and 5, and the reviews don’t recommend it for newbies.

Roboforex review :
islamique account

You can learn about islamic swap free accounts here. This type of account is a perfect example of the innovative and modern character of roboforex according to users.

On islamic accounts, instead of charging a swap commission like on other accounts, users pay a fixed commission which depends on the type of currency pair (EUR / USD, bitcoin / USD, for example) but not the rates of interest of issuing entities.

Roboforex review :
regulation security of funds

Robotrade ltd is an international brokerage regulated by the IFSC (license IFSC / 60/271 / TS / 15). In addition, robotrade ltd is a member of the financial commission, an organization engaged in resolving contentious financial issues between brokers and traders.

Roboforex (CY) ltd is a european broker regulated by the cypriot regulator cysec (license n ° 191/13) and registered in the UK under FCA number 608962. Roboforex (CY) ltd is also part of ICF – cyprus, the investor compensation fund offering insurance investment investors up to 20,000 euros.

Roboforex review :
trading conditions

Roboforex review :
spreads & commissions

Roboforex, like most online brokers, operates on the basis of commissions and spreads. Batch commissions, on the one hand, only apply to business accounts like pro-cent and ECN, which charge $ 2 per batch.

Additionally, the aforementioned accounts charge special fees for successful equity financing transactions. The commission of $ 20 per million dollars on ECN and pro-cent accounts is the most mentioned rate in user reviews.

You can find out more about roboforex’s commissions and fees by contacting their technical support (+34 911 237 952 from spain) or visiting their home page.

Roboforex review :
deposits / withdrawals

You can deposit money into roboforex by credit and debit card, neteller or skrill, being curious about the absence of paypal among the payment methods. The means of withdrawal are also exactly the same.

At roboforex, the minimum deposit depends on the type of account. Pro-cent, pro-standard and ECN accounts have a minimum deposit of 10 USD, 10 EUR or the equivalent in the currency of the account you opened.

On the other hand, professional accounts have higher minimums. For prime accounts, for example, the minimum deposit is $ 5,000 or the equivalent. And if you trade from the R trader platform, the deposit is 100 dollars or euros.

Roboforex review :
research

The main features of roboforex will not be affected by the platform you choose: forex trading, secure bitcoin trading and accessing different types of accounts according to your preference are all possibilities available, not subject to the one or the other platform.

There are some tools that are also independent of the platform being used, as I know they can be accessed directly from the page. These are the R trader stock strategy maker, the trading calculator and the forex, indices and stocks charts.

Visualization and analysis tools such as fibonacci or RCI depend on the platform you choose to use for your roboforex account. Each of them has its own functions, built-in software and analytical tools for proper trading.

These tools will allow you to compare trends, analyze information using heat maps, and start a safer and healthier investment in forex that a novice cannot. Succeed without help.

The metatrader 4 and 5 have a simple and well respected interface for feedback. While the usefulness of a platform is somewhat subjective, it certainly offers interactive charts and constant updates on research from forex, bitcoin, and others.

Finally, there are some platforms that are not available for mobile, or at least that don’t work as efficiently as others. Be sure to take this into account before choosing one or the other to trade forex or invest in a commodity.

Roboforex review :
conculusion

Our conclusion on roboforex is overwhelmingly positive, mainly due to the versatility of the site. On the internet, it is common to find brokers designed for beginner traders or for professionals. But it’s rarer to find one that fits both.

Roboforex is the right one, and one of the favorites among user reviews, precisely for this reason. A huge body of investors have tried roboforex and left satisfied because they felt they fit in perfectly with this broker.

This is all true not only because of the wide range of products and currencies available, but also because it has an assortment of platforms and accounts that make it very rare to find a user who does not do not feel comfortable there.

In addition, the interface is so easy to understand and use and the huge amount of tools to visualize, analyze and manage information is a real plus. This strain is so tall it can even be a bit overwhelming for newcomers.

Overall, roboforex is a broker worth at least a try. Remember that you have a trial period in the form of a demo account for each of the account types you can choose from in roboforex.

In addition, with such an efficient technical support service and absolute availability, roboforex is among the safest in the market, because in the unlikely event of a problem, it will be fixed immediately.

Roboforex review :
FAQ

What is roboforex?

Roboforex is an online brokerage. Thanks to this platform, you can invest in forex, the largest foreign currency market in the world. Dollar, euro, yen and bitcoin are just a few examples of the markets in which you can invest through roboforex.

How does roboforex work? How can I use it?

You can think of roboforex as an intermediary between you and the possibility of investing in real currency and in the stock market. You need to get a license to trade, so you can't do it without a broker. You can use it by going to the main page and creating an account.

How to invest in roboforex?

Buying, i.E. Investing, and selling on roboforex is called “trading”, and you can do this after you have created a verified account, and after you have made your first deposit.

Is roboforex safe?

Yes of course. Like all brokers reviewed by wallet adviser, roboforex is absolutely safe. Security is very important, especially when it comes to trading cryptocurrencies like bitcoin, so be sure to choose a safe broker for your transactions.

Is roboforex regulated?

Yes, roboforex has the special brokerage regulations of IFSC belize and financial services complaints LTD. In addition, he is a member of the compen

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Roboforex review :
rating & taders reviews

This article was written by our financial editor ramdi.

So, let's see, what we have: learn all about roboforex ✅in our in-depth review. What is it? How to register, login and use? Does it have ��android apk/ios or PC/mac app to download? Is crypto/bitcoin trading available? Does it have demo/practice account for meta trader mt4/mt5? What are deposit/withdrawal methods and fees? Is it safe, regulated, legit, trusted or scam forex broker? Is bonus available? Trading platform tutorial, tips and user opinion. At roboforex review 2021