Roboforex minimum deposit

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Pro-cent, pro-standard, and ECN: 10 USD / 10 EUR or equivalent in the account currency.
Prime: 5,000 USD or equivalent in the account currency.
R trader: 100 USD / 100 EUR.

What is the minimum deposit?

The minimum deposit depends on the account type:

Pro-cent, pro-standard, and ECN: 10 USD / 10 EUR or equivalent in the account currency.

Prime: 5,000 USD or equivalent in the account currency.

R trader: 100 USD / 100 EUR.

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

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What is the minimum deposit?

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.

What is the minimum deposit?

The minimum deposit depends on the account type:

Pro-cent, pro-standard, and ECN: 10 USD / 10 EUR or equivalent in the account currency.

Prime: 5,000 USD or equivalent in the account currency.

R trader: 100 USD / 100 EUR.

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.

Home

For clients

Education

What is the minimum deposit?

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

RECOMMENDED FOREX BROKERS

Roboforex ltd is an international broker, and a member of the roboforex group. The other subsidiary is called robomarkets ltd and is based in europe. By clicking here, you will be redirected to its review.

There is a lot to see in roboforex. This broker is stuffed to the brim with options, features and information. At times it can get a tidbit intimidating to those that are still have along way to go. Read the review to find out just what roboforex has to offer.

Roboforex is regulated in the mesoamerican country of belize by their respective body: the international financial services commission. Their main goal is to promote belize as a financial offshore center while also providing the appropriate regulatory measures to support said endeavor. As an offshore regulatory organization, belize has been home for many shady brokerages, many of whom have been either banned or exposed as scams. However, in recent years the regulatory agency has tightened its grip and has taken a more serious approach towards license issuing. For one, it requires proof of at least $500 000 capital before granting a license. Their efforts have resulted in them being known as the best offshore regulatory entity. Nevertheless, the leverage ratio remains flexible.

The average spread is for EUR/USD is around 2 pips for the standard account. For the pro-cent and pro-standard accounts it’s 1.4 pips. ECN-pro NDD (without commission attached) account holders can expect a spread of 0.1 pips, while with ECN-fixspread NDD it’s 1.6 pips. Prime account users will see a spread of 0.2 pips (without commission attached).

The broker has taken full advantage of its remote location, far away from ESMA controlled territory, by offering a staggering maximum leverage of 1:2000. This is wildly high, uncommon even with off shore regulations. We urge traders to tread carefully, since one wrong step can easily empty an account.

This abundance expands to the assets. They are more than plentiful and open doors to many possibilities: forex, stocks, indices, etfs, soft commodities, metals, energies, cryptocurrencies and cryptoindexes.

In order to accommodate its large clientele, roboforex has issued its services in the following languages: russian, malay, portuguese, ukrainian, arabic, chinese, lithuanian, czech, latvian, indonesian, hebrew, polish, spanish, italian, german, chinese, estonian and vietnamese.

The broker has included an impressive number of trading platforms, ensuring that all tastes are met accordingly. These are: metatrader 4, metatrader 5, ctrader and rtrader.

METATRADER 4

Here we are again with this renowned platform, and for a reason! MT4 stands tall against other trading terminals. Consider using expert advisors to set your automated trading while you do other business, or take full advantage of what MT4 has to offer: strategy backtesting, advanced chart settings, customized trading indicators, one-click trading and much more. Included is algorithm trading that helps traders get the best trading strategies using complex mathematical algorithms. You can even access multiple MT4 accounts at the same time using MT4 multiterminal.

The average spread is for EUR/USD is around 2 pips for the standard account. For the pro-cent and pro-standard accounts it’s 1.4 pips. ECN-pro NDD account holders can expect a spread of 0.1 pips (without commission), while with ECN-fixspread NDD it’s 1.6 pips. Prime account users will see a spread of 0.2 pips (without commission).

ECN-pro NDD holders are commissioned with $4 per standard lot. This changes the actual value of the cost of trading to for the ECN-pro NDD account to 0.5 pips.

Prime accounts are also taxed. The $3 per lot fee changes the spread of 0.2 pips to the actual 0.5 pips.

The leverage can go as high as 1:2000, making room for huge wins and/or devastating losses.

Give MT4 a swirl on smart phones (apple, android), tablets, on a web browser, and/or as a stand alone desktop terminal.

METATRADER 5

Metatrader 5 is the successor of MT4, yet it has a hard time replacing it since most traders base their entire coding and trading software on MT4. However, this by all means does not connote any issues within the platform. On the contrary. MT5’s characteristics, that were built upon MT4, make it more professional and dynamic. Not to mention that MT5 allows for trades in centralized market, plus it’s certified by many stock exchanges. All features for MT4 are present and fully functioning on MT5, including market indicators, trading bots, algorithm trading and VPS, just to mention a few.

ECN-pro NDD holders are commissioned with $4 per standard lot. This changes the actual value of the cost of trading to for the ECN-pro NDD account to 0.5 pips.

The leverage can go as high as 1:2000.

Give MT5 a chance on smartphones (apple, android), tablets, on a web browser, and/or as a stand alone desktop terminal.

Ctrader handles with ease and possesses a much better visual style than both MT4/5. The interface is highly customizable, giving end users a much needed aesthetic touch of their own.

One of the main features of ctrader is the ability for traders to access provider’s liquidity making room for better pricing and lower spreads. There is also automated trading, and great back testing facilities.

The unique feature of ctrader comes in the shape of a supplementary component called calgo. Users can write their own trading algorithms using a set of C# instruments, and can have bots to do trading in their place. Calgo has its own standalone platform, yet it seems a bit confusing as to why they didn’t combine it with ctrader as a built in option.

ECN-pro NDD holders are commissioned with $4 per standard lot. This changes the actual value of the cost of trading to for the ECN-pro NDD account to 0.5 pips.

The leverage can go as high as 1:2000. This sort of leverage is a double edged blade, and on which side you balance will have a huge impact on your investment.

Ctrader is available on smart phones (apple, android), tablets, on web browsers, and/or as a stand alone desktop terminal.

The R trader is obviously the main focus of the broker. Its design is nothing special, even bland at times, yet it counters this by giving traders many options and tools to further their trades. R trader is mainly a platform for dealing with cfds on shares. In fact there are well over 9400 CFD’s on shares alone which is astounding. The leverage on stocks is limited to 1:20.

Expect a leverage up to 1:200 for currency pairs. This is a sudden shift from the previous leverages, making the risk smaller, but also the profits.

We opened a DEMO account which indicated a spread of 0.1 pips for the EUR/USD pair. There is only one account type for this platform, as pointed by a support agent (the website was genuinely confusing about this matter):

The $3 per lot fee for forex pairs ($15 per 1 million base currency per side) changes the 0.1 pips trading cost to an actual value of 0.4 pips.

R trader boasts a web trader. It does not come with a downloadable software for desktop.

ROBOFOREX MINIMUM DEPOSIT

The minimum deposit is $10. For prime account holders it $5 000.

Roboforex opens up many payment methods: visa, mastercard, epayments, qiwi, neteller, fasapay, skrill, webmoney, local bank transfer, paysec.

The base account currencies are as follows: USD, EUR, CNY, BTC, ETH, GOLD.

All e-payments are networked instantly. Visa/mastercard can take up to 5 minutes. Paysec takes up to 5 business days to fund your account, while local bank transfer transfers depend on the bank in operation.

Roboforex is proud to offer 0% deposit fees.

ROBOFOREX WITHDRAWAL TIME AND LIMIT

The same methods of depositing are used for withdrawing: visa, mastercard, epayments, qiwi, neteller, fasapay, skrill, webmoney, local bank transfer, paysec.

The processing time for all withdrawal methods is said to be 2 days. Once processed by the broker it may take up to 5 days for the money to arrive into the user’s personal bank account for local bank transfers and paysec, while for the rest of the methods it may take up to 1 business day.

The following are the fees applied by roboforex: paysec users are charged with 1.7% of their total withdrawal request; local bank transfer withdrawals are charged with 1.6%; webmoney with 0.8; skrill and epayments with 1%; fasapay with 0.5%; neteller with 1.9%; qiwi and poli are free of charge.

The minimum withdrawal amount for neteller is $5. For all other methods the minimum sum for withdrawing is $1.

BOTTOM LINE

Roboforex is a massive broker, that has allowed itself to grow far more than the average one. This is mainly due to the looser regulatory entity that supervises the brokerage. Yet we cannot ignore the abundance: a galore of assets to trade with, 3 trademark platforms and 1 proprietary, assortment of payment methods, little to no fees attached to those methods, insignificant commissions and much more. It’s overwhelming, and this can have a double sided effect.

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.

VISA/mastercard

Deposits via VISA/mastercard

Roboforex offers you few payment gateways to deposit your account. The fee for deposit for all the gateways is 0% and processing time is instant.

Currency	minimum amount	maximum amount
USD EUR CHF GBP PLN CZK	10 USD 10 EUR 11 CHF 8.5 GBP 42 PLN 250 CZK	5.000 USD - 20,000 USD 10,000 EUR	deposit account

Notes:

If the funds in USD are deposited to your trading account in EUR, they will be converted according to the bank’s conversion rate.

Money is deposited to your account within 5 minutes after the payment.

Withdrawal via VISA/mastercard

currency	fee for withdrawal	processing time	maximum amount
USD EUR MYR CHF GBP PLN CZK	2.6% + 1.3 USD 2.6% + 1 EUR	1 - 10 bank days	10,000 USD 10,000 EUR 11,000 CHF 8,500 GBP 42,000 PLN 250,000 CZK	withdraw funds

Withdrawal via VISA/mastercard (EUR/USD)

currency	fee for withdrawal	processing time	maximum amount
USD EUR	2%	1 - 10 bank days	1,500 USD 1,200 EUR	withdraw funds

Notes:

Please note that on the part of roboforex ltd the withdrawal request will be executed within 2 business day

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.

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 minimum deposit

The roboforex minimum deposit amount that roboforex requires is US dollar 100.

The minimum deposit amount of US dollar 100 when registering a live account is equivalent to ZAR1,761.36 at the current exchange rate between US dollar and south african rand on the day and at the time that this article was written.

Robomarkets is based in belize and is authorized and regulated by demanding regulating entities namely cysec and IFSC, and as a regulated broker, one of the requirements is that client funds be kept in segregated accounts.

In complying with this, amidst several other strict rules and regulations, all client funds must be kept separate from the broker account, and it can only be used by traders to conduct trading activities.

In addition to ensuring client fund security through segregated accounts, regulated brokers such as robomarkets are required to be a member of a compensation scheme or fund which pays out a certain amount to eligible clients in the case of company insolvency.

Deposit fees and deposit methods

Robomarkets does not charge any fees when deposits are made into the trader’s account. Robomarkets offers a vast amount of payment methods which include, but is not limited to:

Rapid transfer

Blueorange bank

Barclays bank PLC

Credit/debit card

Bank transfer

Webmoney

Skrill

Fasapay

Neteller, and more

Robomarkets supports a wide variety of deposit currencies in which traders can fund their accounts which includes, but is not limited to:

AED, and more.

Step by step guide to deposit the minimum amount

Once the trader has completed the process of registering on the website, the trader can make the initial minimum deposit by following these steps:

Log into the client portal and select ‘deposit’

Select the deposit method along with the amount.

After the trader has made their selection, they will be redirected to the payment processor page to confirm their deposit.

Traders should take note that with making deposits by using bank wire transfer, the transactions may take a certain amount of time depending on the method, time of the day, and day of the week.

Bank wire transfers take anything from a day to a few business days depending on the time the payment was made during the day along with the day of the week.

Pros and cons

PROS	CONS
1. Deposit fees are not charged	1. None noted
2. Quick and easy depositing of funds
3. Low minimum deposit amount
4. Wide variety of payment methods offered
5. Wide variety of deposit currencies supported

What is the minimum deposit for roboforex?

How do I make a deposit and withdrawal with roboforex?

You can make use a wide variety of deposit and withdrawal methods including, but not limited to:

Rapid transfer

Blueorange bank

Barclays bank PLC

Credit/debit card

Bank transfer

Webmoney

Skrill

Fasapay

Neteller, and more.

Traders should note that some methods can only be used when making deposits and these may not be available with withdrawals.

Does roboforex charge withdrawal fees?

Rapid transfer – 1%

Credit/debit card – 2.4%

Bank transfer – 25 USD, 10 EUR, 20 GBP, 150 PLN, 75 CHF

Webmoney – 0.8%

Skrill – 1%

Fasapay – 0.5%

Neteller – 1.9%

Paypal – 2%

How long does it take to make a withdrawal?

Not all processing times are indicated on the robomarkets website, but some of the processing times on withdrawals include:

Rapid transfer – from one minute to one day.

Credit/debit card – one to ten bank days.

Bank transfer – up to five bank days

Webmoney – from one minute to one day.

Skrill – from one minute to one day.

Fasapay – from one minute to one day.

Neteller – from one minute to one day.

Paypal – from one minute to one day.

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.

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.

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.

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

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?

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 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

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 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

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

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.

Roboforex not quite right?

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

Hotforex minimum deposit guide (2021)

Trading with hotforex? You should be very well equipped if you have had a look at our hotforex review.

If you are looking to explore the broker on a deeper level though, we have created this guide especially for you.

Here you will learn more about the funding methods available with the broker as well as the hotforex minimum deposit amount that is required by the broker in every instance.

72.90% of retail CFD accounts lose money

Hotforex account base currency

The HF markets base currency is that which you can trade in through your account. Top forex brokers will usually make several base currencies available, giving you a range of choices when trading. This is also the case with HF markets.

The base currency that you will have access to depends on the area where your account is regulated. Typically within this, USD are available everywhere. Euro as a base currency is also available within europe as you would expect.

Other base currencies are available. These will depend on the area where you are located. Some examples of this are the fact that GBP is accepted if you are trading from within the UK, NGN is available for nigeria based traders, and ZAR is also accessible for those within south africa.

This represents a good degree of choice for all types of trader no matter your location around the world.

72.90% of retail CFD accounts lose money

Hotforex funding and deposit methods

An especially extensive range of deposit methods are available from hotforex. These each have an associated minimum deposit which you may wish to take into account.

With that in mind, let’s take a closer look at each hotforex deposit option and the corresponding minimum deposit for hotforex:

Wire transfer

Wire transfer is a deposit method which we always expect to see, and it is indeed available again with HF markets. This method of deposit is available around the world to all traders.

There is no minimum deposit associated with this method, although as a trader you should be aware that a deposit of under $250 with the HF markets entity, and under $100 with the hotforex entity will leave you liable for a bank fee. You may also wish to check with your bank to find out if they levy any fees in this regard. The time it takes to process your deposit will depend on your bank but typically this can range between 2-5 business days.

Credit/debit cards

Credit and debit card deposits are among the most convenient for traders. Naturally, HF markets and hotforex broker branches facilitates this by offering deposit by visa, mastercard, maestro, and unionpay to all traders who require it. Debit card funding only is available under DFSA regulation, while credit card and debit card funding are available under every other regulatory type.

The hotforex broker minimum deposit that applies to this funding method is $50 and the process is completely free of any fee. It is also effectively instant in how quickly you can access the funds. This typically takes a maximum of 10 minutes.

Ewallets

Ewallets are another popular deposit method that is made available by HF markets. These are not available under DFSA regulation though they are available in europe through either neteller or skrill. The minimum deposit using these methods is $5, although under FCA and cysec regulation this minimum is increased to $50. The deposit itself should be accessible within 10 minutes.

Cryptos

You can also deposit with the hotforex entity using certain cryptos. This is available under the SV regulation using skrill, bitpay or other methods. Through these methods mentioned, the current minimum amount for funding is $5 although it can be subject to change. The funds are usually available quickly within a 10 minute period.

Other hotforex deposit methods

There are other HF markets deposit methods available which depend on where you are located in the world. These are particularly common outside the cysec and FCA area. These deposit methods usually carry no fees and are typically instant.

The following HF minimum deposits do apply though within the following areas:

Indonesia – 200,000 IDR

Malaysia – 50 MYR

Thailand – 50 THB

Vietnam – 300,000 VND

If you are trading from within south america, other local deposit methods from a number of local banks are available although fees could vary in these cases, so it would be best to check with your bank and the broker support team.

72.90% of retail CFD accounts lose money

Hotforex minimum deposits

As per the other forex trading low minimum deposit brokers, having looked at the variety of ways that are available to fund your account, let’s take a more in-depth look at how the minimum deposit with HF markets is reflected on the account type you select.

This will also depend somewhat on the regulatory area where you are based because HF markets and hotforex, despite being the same broker, are 2 separate entities.

Micro account

The hotforex micro account is a great starting place for any new traders. The account allows value trading with microlots and facilitates a minimum deposit of only 5 USD (or 70 ZAR if you’re trading from south africa). An islamic micro account, where required, is offered by this entity.

Zero account

The HF markets and hotforex zero account is available under multiple regulatory bodies, cysec, SV, FCA, DFSA, and DFSA. The only small difference is that under DFSA regulation it is known as a VIP account.

This account type balances lower spreads with slightly higher commissions. The minimum deposit here is 200 USD, EUR, or GBP, and 2800 ZAR. Again, islamic accounts are available if needed.

VIP account

The VIP account is essentially very similar to the zero account with the difference being the region. This account is available under DFSA regulation and as an added bonus it does allow you contact with a HF markets relationship manager.

The hotforex minimum deposit on this account type id $20,000 or 74,000 AED. Again the islamic account is available on request.

Related guides:

Auto account

Next we have the HF markets auto account. This only offered by the hotforex broker branch, and it’s available under SV and FSCA regulation and allows for autotrading and connection with the MQL5 community to find and follow signal providers.

When it comes to the minimum funding amounts, these currently stand at 200 USD or EUR and 2800 ZAR within south africa with an islamic account available to anyone who requires.

Hfcopy account

The hfcopy account allows you to become either a copy trader or a signal provider. This account type is available under both cysec and SV rules with a minimum deposit as follows:

Signal providers should deposit a minimum of 1,000 EUR or 500 USD depending on area

While copy traders need to start with 300 EUR or 100 USD, again, depending on the branch of the broker.

FIX account

The hotforex FIX account is one that used to be available under SV regulation. This is no longer the case. It had previously offered fixed spreads with a minimum deposit of $500. Luckily though, there are many other account types to choose from.

PAMM account

The PAMM account offered by the hotforex entity is available only to premium account holders and with a hotforex minimum deposit of $250. This account is only available if you are regulated within the SV jurisdiction.

Premium account

The HF markets premium account is again available in several areas of regulation and comes with a minimum HF markets deposit of 100 EUR, USD, or GBP. In south africa, the minimum deposit amount should be 1400 ZAR while under DFSA regulation you will need to deposit 400AED.

There are many trading benefits in terms of cost and other factors that are available to premium account traders which may be unavailable to other traders. This account type can also be linked to a PAMM account as mentioned above. Islamic account options also remain available to premium account holders.

Premium pro

The last account type we will take a look at is the highest level HF markets account which boasts a lower spread than the others. This account is available under cysec, SV, FCA, DFSA, and FSCA regulation with a minimum deposit of 500 EUR, USD, or GBP (changing to 400 if you are based in the UK under FCA). With DFSA regulation 2000AED is also acceptable.

Again there are a host of benefits although commissions are a little higher. It can also be linked with a PAMM account and finally once again islamic account options are available.

Hotforex deposit bonus

The final area for us to cover may be an important one depending on your trading goals and expectations. However you should be aware of the fact that ESMA, within europe, banned deposit bonuses. Due to this stringent regulatory environment, there are no deposit bonuses or contests available under HF markets EU.

$30 no deposit bonus

HF markets typically do offer a range of bonuses to those traders located outside of cysec and FCA regulatory areas. Within these regions, it is difficult due to stringent regulatory environments.

The one which is available as a hotforex no deposit bonus is a $30 bonus. Although this amount is not immediately available for you to withdraw, you can do so once you have met some of the trading requirements. You can then withdraw any profits which you have made from this HF markets no deposit bonus.

72.90% of retail CFD accounts lose money

Roboforex review

Bonus – for more info send request through the contact form

Roboforex review (detailed info):

Roboforex (website link) is an international forex broker. Roboforex ltd has a special brokerage license IFSC belize “trading in financial and commodity-based derivative instruments and other securities” under the number IFSC/60/271/TS.

IFSC belize (international financial services commission belize) is a belizean regulator of the financial services market of the international level.

The company has been operating since 2009 and now is handling more than 3M clients’ accounts. Roboforex provides a variety of services, which became a standard for the industry:

Microaccountsforalgotesting.

Popular trading platforms: metatrader 4, metatrader 5, ctrader.

Several bonus offers (bonuses up to 120%).

Leverageupto 1:2000.

Free educational and analytical tools.

Negativebalanceprotection.

Apart from that, roboforex clients profit from the exclusive offers and conditions such as:

Multi-asset R trader platform: you need just one account to trade more than 12,000 instruments, including real stocks of US companies.

Prime accounts with the company’s tightest spreads and the lowest commission per 1 million USD of the trading volume.

Indices trading with the average spread on the de30cash index as low as 0.5 EUR and 0.01 lots of minimum trading volume.

Cryptocurrencies trading on conditions close to the best cryptocurrency exchanges.

Roboforex is still in the developing stage of its existence, which means that the broker will continue to expand the range of its services and offers to clients.

Roboforex trading accounts

Prime

Trading accounts with the best trading conditions available at the company (similar to liquidity providers), which are intended to “advanced” traders.

Trading instruments 28 currency pairs, metals, CFD on US stocks, CFD on indices, CFD on oil, cryptocurrencies

Minimum deposit 10 USD / 10 EUR

ECN accounts are intended for professionals, who prefer the best trading conditions available (tightest spreads, high execution speed).

Trading instruments 36 currency pairs, metals, CFD on US stocks, CFD on indices, CFD on oil, cryptocurrencies

Minimum deposit 10 USD / 10 EUR

R trader

A unique account for trading through multi-asset web platform R trader for experienced traders, who want access all major financial market from a single account.

Trading instruments more than 12,000: indices, cryptocurrencies , real stocks, CFD on stocks, forex and ETF, cfds on oil, cfds on metals

Minimum deposit 100 USD

Pro-cent

The key feature is using cents as the base currency unit (US cent, EU cent, etc.). Using pro-cent accounts, beginners and experienced traders can test their trading strategies.

Trading instruments 36 currency pairs, metals, cryptocurrencies

Minimum deposit 10 USD / 10 EUR

Pro-standard

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

So, let's see, what we have: there are no minimum deposit values for cent, standard, ECN, and affiliate accounts.The minimum deposit for prime accounts is 5,000 USD, for stock accounts – 100 USD. At roboforex minimum deposit