Roboforex scam

Hallo, jens zimmermann,
mit dem erhalt von bonusgeldern auf seinem konto, akzeptiert jeder kunde des unternehmens die nutzungsbedingungen.

In der von ihnen beschriebenen situation standen die handlungen des unternehmens in voller übereinstimmung mit den regeln des bonusprogramms und können daher keine grundlage für eine beschwerde darstellen. Wenn sie der meinung sind, dass eine professionelle beratung notwendig ist, wenden sie sich bitte per chat an unseren live-support. Mit freundlichen grüßen,
ihr roboforex

Roboforex reviews

42 • average

Write a review

Reviews 42

One of the best brokers

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

AVOID - NOT ABIDING BY LAWS

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

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

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

ACHTUNG: ROBOFOREX BONUS programm NICHT benutzen

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

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

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

Mit freundlichen grüßen,
ihr roboforex

No protection anymore

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

Roboforex – is it scam or safe?

Roboforex – is it scam or safe?

The company is licensed in several countries and is regulated by the relevant financial supervision commissions. Licenses allow it to conduct financial services, including forex.

However, there are some posts in forex forums that inform about bad practices related to poor customer support, great slippage and slow orders execution during the news, misleading bonus schemes and slow processing of withdrawals.

So far, we haven’t received any complaints from clients of roboforex.Com.

If you feel frustrated by roboforex.Com and have something to share with us, please fill in the form below, describing your case:

19 complains

I am very dissatisfied from this broker. They took almost 1/3 of your profit if you choose the options for credible protection. This is total scam. If you read the details or this bonus, you will realize you will never get your 1/3 of yur profit. Unless you trade 1000 standard lots. That wil cost you 20000 usd with 2 pips spread for eurusd. Do not believe them!

No doubt – they are cheaters. They call you and tell you they will provide everything need that a good broker will. I mean negative balance protection, allowing scalping, trade the financial news etc. REALITY: they don’t have negative balance protection. I received an email where they wrote I was excluded from this option. Why? Whothef*** knows. Only they and admiral market do this. The main purpose for this option is to protect you from a negative balance if there was some gap and volatility. But roboforex triggers the stop out level slow enough so that you always will be closed in minus!! Very funny cheaters! The biggest scam ever! Stay away!

Roboforex don’t have negative balance protection. I received an email saying I have been excluded from the negative balance protection promotion

Dear lola,
in rare cases when clients intentionally abuse the system, the company will exclude the accounts from the negative balance protection scheme. This measure is never applied to clients who work with us on a fair basis.

Sincerely,
roboforex manager

Stay away from this broker. Roboforex sux. I wanted to withdraw and they charged me such big fees. They never mentioned about them. Meanwhile it is so easy to deposit your account there. They took 10 dollars more from me when I used neteller. Nice way to earn moremoney from you. Easy deposits/nightmare withdrawals. 100% thieves

Guys, I don’t believe in these negative posts about roboforex. I’ve used 7 other brokers so far and roboforex perfectly suits to me. I am happy to work with them for the last four years. I haven’t had problems with this company and withdrawals are normal. That is why I write here to share my positive opinion. Good luck!

Now I can confirm that all positive reviews of forex brokers are fake. This broker has a bad reputation and my experience with roboforex confirms that. They, like other scammers, widen their spreads pushing you to losses. And this is happening every time when some deal is profitable. And this is not the last thing. The withdrawal process is terrible long and sometimes it is hard to get your money back. I can give an example. If you fund your account by credit card, they will force you to withdraw your money via other options and you will be charged huge commissions. I recommend staying away!

Трейдинг мой хлеб
имеет смысл узнать подробнее о тех анализе
узнайте на моем сайте.

Its hard to make profits with roboforex broker your trigger the stop loss…. You will always close with losses..

Dear hlompho,
your feedback contains no data necessary for us to handle it. In case you have any complaints against the company’s operations, please contact our dealing department via a ticket from your members area.

Scam . This is a bullshit broker . Lucky I just deposit only 10$ try how is ir going . But 10$ is also my money . They block ny acount without explain. . I hope this broker do not appears in front of my eyes anymore . Hi say it not scam .? Try lahhh then know how bad it is

Dear hieu,
your feedback contains no data necessary for us to handle it. In case you have any complaints against the company’s operations, please contact our dealing department via a ticket from your members area.

Hi guys, I have not used this broker . I just signed and verified my account, and when I was about to deposit and get my bonus and start trading, I received a message which in essence meant ” because you are a fraud, we cant give you the bonus” and when I asked why? Guess what their answer was: nothing, no reason, we have the right to deny….”. For me this a bad start, a bad faith, a bad sign. And if from the very beginning they call you fraud, would you trust this broker and I don’t need to know the rest, that was enough for me to look somewhere else. And if this doesn’t convince you , just read the replies given by RF manager and pls start small with any broker, if the trust is built , then deposit your hard earned money. Good luck guys. By the way, my account number is 21044099

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

I deposited $300 then tried to withdraw it after it had gained some momentum and I was sent two pins to withdraw I tried both of them and it told me wrong pin! I still cant withdraw my money, also I emailed the support 3 different times and have yet to hear anything..
Awful experience and I’m definitely going to make it my job to spread the word on how much of a scam this site is! Definitely stay clear!!

Dear zackary johnson.
To find out details relating to your situation, we require the number of your request withdrawal. For our part, there are no obstacles for funds withdrawal operations – problems may arise on the side of payment systems due to incorrectly specified payment details of a transaction or because of technical failures they sometimes experience. We’re seeking to find out the reasons of what happened and hoping for your cooperation in resolving this matter.

Thank you for getting back to me, the only number I received was a withdrawal pin which was 3198

$0
REQUEST PAYMENT
EARNED TOTAL

$10,862.90
MAKE A DEPOSIT
ACTIVE DEPOSIT

$300
upline:
cleared BTC:0
TOTAL WITHDRAWAL

$ 10,525.65
account PIN:
pending withdrawal:$10,000

I just copied and pasted my home account page and that is the information its telling me, let me know if you can be of any assistance.

Update** I was able to “withdraw” but when i went back and looked at my account it still indicates a “pending withdraw” for that same amount. (its been over a week and a half) never received a dime of my money back as well as never receiving so much as an email back about my situation. Save your money and invest elsewhere, terrible experience!

Dear zack johnson,
unfortunately, your feedback contains no data to support your complaints, thus making it impossible for us to handle them. In case any questions arise, we recommend you to contact our live support in any convenient way (email to [email protected] , create a ticket in your members area, use phone or messengers).

Roboforex scam

What do traders say about roboforex ?

After doing some research, we found out that a lot of traders are reporting roboforex and writting bad reviews about it.
It seems like they are not happy about it and they warn others not to trade with them.

It’s always important to know what other traders are thiking about a broker before using it and we can say that they are not saying good things about roboforex.

What do regulators say about roboforex ?

This is the most important thing you need to know about a broker before using it. Is roboforex regulated ? Is it an offshore company ?

Most brokers are unregulated or regulated by an offshore regulation authority which won’t help you in case of problem. Keep in mind that if a broker steal your funds, you won’t be able to complaint about it unless they are licensed by a serious regulator such as the cysec (cyprus securities and exchange commission).

An unregulated broker is clearly not authorized to operate in any regulated country and you should definitely not put any money into it.

Roboforex is an offshore broker owned by roboforex ltd and located at 2118 guava street, belama phase 1, belize city, belize.

They can be contacted by phone at this number : +6531588389 / +34911237952 or you can send an email to info@roboforex.Com / marketing@roboforex.Com.

You should definitely avoid any unregulated or offshore broker and roboforex is one of them.

Have you been scammed by roboforex ?

Have you been victim of this company ? Did you lose money with them ? Everyone does mistakes. Don’t worry, you are not alone, and we are here to help you.

Our team of experts is available 24/7 in order to help you recovering your hard-earned money.
After asking you some questions, they will be able to build a chargeback case to fight the broker and get your money back as soon as possible.

Chargeback is the solution

As we said before, the good news is that there is a solution and it’s called a chargeback.
But what is a chargeback ?
A chargeback is the retroactive cancellation and refund of a charge made using your credit card.

Not a lot of people know that, but there is a high probability of getting your money back when you build a chargeback case as long as it is built correctly from the beginning to the end.

Using a chargeback service like mychargeback may be the only way to build a correct chargeback case in order to get your money back as fast as possible.

Get your money back NOW !

Fill out the form below and get a FREE consultation today

Roboforex review

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

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

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

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

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

Losses can exceed deposits

What are roboforex's spreads & fees?

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

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

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

Spreads are dynamic and are for informational purposes only.

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

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

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

Roboforex	XTB	avatrade
spread from :	$ 1.00	$ 2.00	$ 7.00
commission :	$0.00	$0.00	$0.00
total cost of a 100k trade:	$ 1.00	$ 2.00	$ 7.00
$1 more	$6 more
visit roboforex	visit XTB	visit avatrade

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

What can you trade with roboforex?

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

FX / currency cfds	roboforex	XTB	avatrade
# of forex pairs offered	32	48	59
major forex pairs	yes	yes	yes
minor forex pairs	yes	yes	yes
exotic forex pairs	yes	yes	yes
cryptocurrencies	no	yes	yes

commodity cfds	roboforex	XTB	avatrade
# of commodities offered	0	21	16
metals	yes	yes	yes
energies	no	yes	yes
agricultural	no	yes	yes

index & stock cfds	roboforex	XTB	avatrade
# of stocks offered	0	1606	99
UK shares	no	yes	yes
US shares	no	yes	yes
german shares	no	yes	yes
japanese shares	no	yes	yes
see roboforex's instruments	see XTB's instruments	see avatrade's instruments

What’s the roboforex trading experience like?

1) platforms and apps

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

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

Still not sure?

2) executing trades

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

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

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

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

Trading features:

Accounts offered:

Demo account

Micro account

Mini account

Standard account

Zero spread account

ECN account

Islamic account

Funding methods:

3) client support

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

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

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

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

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

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

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

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

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

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

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

Roboforex not quite right?

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

Roboforex review

Robomarkets ltd

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

Broker details

deposit methods:

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

withdrawal methods:

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

Live discussion

Join live discussion of roboforex.Com on our forum

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

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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 review 2020

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

Summary

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

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

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

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

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

Broker information

Introduction

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

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

Licensing and regulation

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

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

Mobile trading

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

Brand & functionality

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

Registration process

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

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

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

Depositing process

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

Product offering

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

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

Trade execution

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

Banking

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

Customer support

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

Trading tools

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

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

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

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

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

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

Roboforex trading platform

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

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

Deposits and withdrawal methods on roboforex

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

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

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

Is roboforex A licensed broker

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

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

Support

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

Conclusion

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

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

COMPARE WITH A TRUSTED BROKER

Fortrade

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

Roboforex broker

Minimum deposit

Bonus

Maximum leverage

Spreads

Licences

US clients

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

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

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

First look at roboforex

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

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

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

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

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

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

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

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

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

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

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

Currencies: USD, EUR, GBP, AUD, CHF

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

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

Roboforex company information review

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

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

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

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

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

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

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

The roboforex.Com review

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

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

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

Roboforex trading accounts

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

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

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

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

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

Roboforex MT4, MT5, ctrader, and R trader

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

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

Are roboforex promotions legit?

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

Forex pairs

Stocks

Indices

Etfs

Commodities

Metals

Energies

Cryptocurrencies

Cryptoindices

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

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

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

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

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

Can roboforex be trusted?

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

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

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

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

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

Trading advantages of roboforex forex broker

No limits in providing outstanding benefits to roboforex clients.

Tight spreads
from 0 pips

Fastest order
execution

4 account currencies
(EUR, USD, CNY, GOLD)

Micro accounts with the
minimum lot size of 0.01

8 asset
classes

Affiliate program
50% profit sharing

Roboforex bonus programs

Roboforex provides for its clients best promotional offers on financial markets.

Start trading with roboforex now and unleash the powerful benefits!

Bonus up to 20,000 USD.

Can be used during "drawdown".

Deposit from 10 USD.

Withdraw the profit received when trading your own funds.

Get bonus

Classic bonus
up to 120%

Bonus up to 50,000 USD.

Сan’t be used during "drawdown".

Deposit from 10 USD.

Trade with bonus funds and withdraw the profit.

Get bonus

Cashback (rebates)
up to 15%

Receive cashback for the trading volume of just 10 lots.

Available for all verified clients.

Receive real money as cashback and withdraw it instantly.

Learn more

Up to 10%
on account balance

Payments for the trading volume starting from 1 lot.

No restrictions: withdraw instantly.

Receive % on account balance every month.

Learn more

Account types

First deposit

Execution type

Spreads

Instruments

Bonuses

Platforms

Pro-standard

The most popular account type at roboforex, which is suitable for both beginners and experienced traders.

Prime

"prime" accounts combine all best features of ECN accounts and are suitable for advanced traders.

Pro-cent

Pro-cent accounts provide an opportunity to trade micro lots and is best suitable for beginners, who want to test our trading conditions with minimum investments.

ECN account type is intended for professionals, who prefer the best trading conditions with tight spreads.

R trader

R trader is a multi-asset web platform, which combines modern technologies, a classic but taken to a new level design, and access to the world’s major financial markets.

First deposit 100 USD

Execution type market execution

Spreads floating from 0 points

Instruments over 12,000 stocks, indices,
forex, etfs, cfds, cryptocurrencies

Bonuses not available

Platforms R trader - web platform

By opening a demo account at roboforex, you can test our trading conditions - instruments, spreads, swaps, execution speed - without investing real money.

First deposit not required

Execution type market execution

Spreads depends on type of account

Instruments depends on type of account

Bonuses limited number of offers

Platforms

Trading platforms

The most popular platform for trading on the forex market, which includes a knowledge database, trading robots, and indicators.

3 types of order execution

9 time frames for trading

50 integrated indicators for technical analysis

Variety of order types

The latest version of metatrader platform with an opportunity to choose between netting and hedging systems.

4 types of order execution

Multi-currency tester

Market depth

6 types of pending orders

Roboforex trading platforms

For those traders who prefer to be always on the move we present exclusive roboforex trading platforms: webtrader and mobiletrader.

Trade from any browser or mobile device (ios, android).

Get the same functionality as on desktop platforms.

Control your positions and orders from any place in the world.

Multi-asset web-based trading platform with the fastest in the industry financial charts and advanced technical analysis tools.

Over 12,000 stocks, indices, FX, etfs, cryptocurrencies.

Minimum deposit: 100 USD.

Trading robots builder. No programming skills required.

Trading platforms center

Exclusive trading platforms

For those traders who prefer to be always on the move we present exclusive roboforex trading platforms: webtrader and mobiletrader.

Security of client's funds

Your funds are fully secured when you trade with roboforex.

Regulated activities: IFSC license
no. 000138/107

Negative balance
protection

Participant of the financial
commission compensation fund

Execution quality certificate

start trading now

8 asset classes

Discover the world’s key markets through roboforex accounts and platforms.

Forex

We offer transparent and reliale access to trading FX with more than 40 currency pairs

Forex trading benefits

Institutional spreads from 0 points

Metatrader4, metatrader5, ctrader, R trader platforms

Leverage: up to 1:2000

Fastest execution possible

Stocks

Access to more than 12,000 stocks through R trader platform and more than 50 via metatrader 4/5 terminals

Stocks trading benefits

Minimum deposit: 100 USD

Free stock exchange market data online

Leverage: up to 1:20

Metatrader4, metatrader5, R trader platforms

Indices

In its most regularly traded format, an index is defined as a portfolio of stocks that represents a particular market or market sector

Indices trading benefits

Metatrader4, metatrader5, R trader platforms

Tight spreads - no mark up

Leverage: up to 1:100

Over 10 instruments

Trade fast-growing global ETF industry with over $3 trillion in assets in management

Etfs trading benefits

Minimum deposit: 100 USD

R trader platform

Leverage: up to 1:20

Сorporate events supported and handled by the system automatically

Soft commodities

Trade etfs on grown commodities such as coffee, cocoa, sugar, corn, wheat, soybean, fruit

Soft commodities trading benefits

Minimum deposit: 100 USD

R trader platform

Over 100 instruments

Leverage: up to 1:20

Energies

Trade cfds and commodity etfs on energy market including oil, natural gas, heating oil, ethanol and purified terephthalic acid

Energies trading benefits

Tight spreads

Metatrader4, R trader platforms

Ideal instrument for day traders

Minimum deposit: 10 USD

Leverage: up to 1:100

Metals

Trade cfds and commodity etfs on precious metals including gold, platinum, palladium, silver as well as gold/dollar and silver/dollar pairs.

Metals trading benefits

Hedge against political instability and dollar weakness

Minimum deposit: 10 USD

Metatrader4, metatrader5, ctrader, R trader platforms

Leverage: up to 1:1000

Cryptocurrencies

Bitcoin, litecoin and ethereum proved to have great potential for investment and speculation

Cryptocurrencies trading benefits

Metatrader4, metatrader5, R trader platforms

Over 20 cryptoinstruments

Leverage: up to 1:50

Trading 24/7

0% commissions

When our clients deposit their trading accounts, the commission is always 0%. Roboforex covers all expenses. Choose the payment system according to your convenience, not cost effectiveness.

Roboforex also compensates its clients' commission for funds withdrawal twice a month.

Instant withdrawals

Automatic withdrawal system: withdrawals within a minute for certain payment methods

System works 24/7

Simple, reliable, and fast

More than 20 ways to deposit funds

Become an investor on forex

For easy short-term investments

Choose among over 1,000 traders.

Get detailed statistics on trader's performance.

Unsubscribe at any time.

Copyfx platform will be perfect for those, who search for a simple but reliable way to invest on forex.

Roboforex market analytics

Forex analytics

Fibonacci retracements analysis 19.01.2021 (EURUSD, USDJPY)

The yen remains in the range. Overview for 19.01.2021

The euro is trying to recover. Overview for 19.01.2021

Economic calendar

Exclusive market analytics

Claws & horns is an independent analytical company providing brokers with a set of necessary analytical tools.

Fxwirepro™ is a leading analytical company, which provides the participants of financial markets with research reports in the real-time mode.

Company news

Roboforex: changes in trading schedule (martin luther king jr. Day)

Roboforex: changes in trading schedule (christmas and new year holidays)

Roboforex received prestigious awards of the financial sector

Winner of more than 10 prestigious awards

Roboforex was recognized by the most respected experts of the financial industry.

More than 800,000 clients from 169 countries.

Best investment products (global)

Best partnership program (LATAM)

Most trusted
broker

Most transparent
asian forex broker

Best global mobile
trading app

Best broker
of the CIS

Experienced racers with more than 60,000 off road kilometers in europe, africa, and australia under their belt.

A many-time thai boxing world champion, an experienced trainer, and an honored master of sports.

Roboforex ltd is an international broker regulated by the IFSC, license no. 000138/107, reg. Number 128.572.

Risk warning: there is a high level of risk involved when trading leveraged products such as forex/cfds. 58.42% of retail investor accounts lose money when trading cfds with this provider. You should not risk more than you can afford to lose, it is possible that you may lose the entire amount of your account balance. You should not trade or invest unless you fully understand the true extent of your exposure to the risk of loss. When trading or investing, you must always take into consideration the level of your experience. Copy-trading services imply additional risks to your investment due to nature of such products. If the risks involved seem unclear to you, please apply to an outside specialist for an independent advice. Roboforex ltd does not target EU/EEA clients. We don't work on the territory of 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.

At roboforex, we understand that traders should focus all their efforts on trading and not worry about the appropriate level of safety of their capital. Therefore, the company took additional measures to ensure compliance with its obligations to the clients. We have implemented a civil liability insurance program for a limit of 5,000,000 EUR, which includes market-leading coverage against omissions, fraud, errors, negligence, and other risks that may lead to financial losses of clients.

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

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

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

Basic information from this roboforex review

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

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

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

Roboforex fees (typical spreads)

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

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

Frequently asked questions

�� is roboforex a scam?

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

�� what is the roboforex minimum deposit?

In order to start trading with roboforex, you have to deposit at least 10 USD.

�� what deposit and withdrawal methods roboforex supports?

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

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

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

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

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

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