Roboforex broker

Transparency. The company’s business model and its structure are known both to partners and clients, its principles are mutually beneficial and meet all legal requirements,
Accessibility. Any client of roboforex may rely at any time on the professional assistance of the company’s experts,
Confidentiality. Data about company’s clients and partners is secure, and is safe from any risk of unregistered use.

Free forex bonuses

The main activity of the company is directed on providing the clients and partners with the professional and reliable services, based on use of up-to-date trading instruments, technology and analysis.

Roboforex

Forex accounts

account type	rating	min. Order (lots)	min. Deposit ($)	spread type	min. Spread (pips)	commission
ECN	275	0.01	10	floating	0	2
prime	260	0.01	10	floating	0	1.5
pro-standard	240	0.01	10	floating	1.3	—
pro-cent	215	0.001	10	floating	1.3	—
R trader	200	0.01	100	floating	0	1.5
ECN-pro affiliate	195	0.01	10	floating	0	6
pro-affiliate	155	0.01	10	floating	2.4	—

About the broker roboforex

Roboforex ltd is working since 2009 in many countries of the world and providing the clients with a wide range of opportunities for the trading in financial market. The head office of roboforex ltd is located in belize, and representative offices work worldwide. Roboforex ltd has attended several international exhibitions and has won many prestigious international awards.

The use of new trading technologies when performing the currency trade is one of the main advantages of the company. This also represents a good reason for maintenance of the close and secure partnership with the leading software developers of forex market services. The result of this collaboration was the «bridge» option that works on STP model, and allows executing the orders by NDD scheme. This very method is used by roboforex, when cooperating with its prime brokers, providing the clients with the fast implementation of their orders.

Choosing the best trading terms

The company gives the clients an opportunity to choose the best trading terms. There are both fixed spread and floating spread accounts (either 4 or 5 digits), with the functions of market execution or instant execution, effectiveness of which is confirmed by numerous positive client reviews.

In present time the company actively and successfully expands, increasing the number of trading options and instruments, applying new products and advanced technology, moving forward with the help of constant cooperation with its partners and clients. The maintenance of respectful and mutually beneficial collaboration is priority for the roboforex company.

Relying on experienced and professional traders, the company develops the terms for the optimal use of available financial assets. Providing the liquidity and small spreads, reducing the margin requirements and minimizing restrictions for the transactions, roboforex takes the big steps towards the goal. This is the creation of the conditions for the free access developed for both retail and institutionalized investors. But whatever actions are made, roboforex gives the priority to the safekeeping and multiplying of the most important asset of the company – the reputation, respect and positive reviews of its clients.

The principles of roboforex work

The company’s analysts constantly watch the forex market events for the purpose of working out the objective forecasts. The expert department is in the ceaseless search of innovative instruments, techniques and technologies, which afterwards will be used in the course of the trade.

The company has proved to be a reliable partner for the formation and the development of private businesses of its clients, who get the high-quality service that they can afford. This includes both: analytical reviews and forecasts based on the forex market events, and carrying out trading operations, keeping the client’s security and privacy.

Roboforex’s cooperation with its clients and partners is expressed in clear and simple rules:

Transparency. The company’s business model and its structure are known both to partners and clients, its principles are mutually beneficial and meet all legal requirements;

Accessibility. Any client of roboforex may rely at any time on the professional assistance of the company’s experts;

Confidentiality. Data about company’s clients and partners is secure, and is safe from any risk of unregistered use.

Today the company can be proud of the provided number of services and promotions for forex market traders. Regardless of their experience and the size of the capital, roboforex has created favorable and efficient conditions for profitable management of the financial resources.

Detailed knowledge of aspects of the financial markets, responsibility and competence in making the decision – these are the key to successful assistance of roboforex, which allows customers to make the right decisions with confidence in the future.

Roboforex review and tutorial 2021

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

Trade FX with high leverage levels.

Trade crypto coins against the USD and EUR.

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

Roboforex company details

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

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

Trading platforms

Metatrader 4

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

Roboforex MT4 platform

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

Metatrader 5

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

Roboforex MT5 platform

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

Ctrader

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

Roboforex ctrader web platform

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

R trader

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

Roboforex R trader platform

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

Roboforex assets

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

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

Spreads & commission

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

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

Leverage

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

A useful margin calculator is provided on the website.

Mobile apps

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

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

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

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

Roboforex mobile trading

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

Payment methods

Deposits

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

Withdrawals

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

Demo account

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

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

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

Bonuses

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

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

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

Regulation

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

Additional features

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

Roboforex economic calendar

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

Accounts

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

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

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

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

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

Benefits

Reasons to open a roboforex account include:

Bonuses offered

Decent range of assets

4 live trading platforms

Commission-free trading

Copytrade investment platforms similar to zulutrade

Drawbacks

The only major drawback for registering with roboforex is:

US clients not accepted

Trading hours

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

Japan & singapore – 02:00 – 10:00

Hong kong – 03:00 – 11:00

Frankfurt – 08:00 – 16:00

London – 09:00 – 17:00

New york – 15:00 – 23:00

Chicago – 16:00 – 24:00

New zealand & sydney – 22:00 – 06:00

Roboforex also posts useful trading schedule changes for national holidays.

Customer support

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

Email – info@roboforex.Com

Telephone number – +65 3158 8389

Online callback form – contact us page

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

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

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

Security

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

Roboforex verdict

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

Accepted countries

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

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

Is roboforex a scam or not?

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

How do I open a roboforex account?

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

How can I delete my roboforex account?

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

Does roboforex accept US clients?

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

Is roboforex a market maker?

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

Roboforex review

Robomarkets ltd

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

Broker details

deposit methods:

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

withdrawal methods:

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

Live discussion

Join live discussion of roboforex.Com on our forum

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

Video

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

Traders reviews

Length of use: over 1 year

In my 6 years as a trader I have never seen such an evil order execution as this one.

Today, january 18, 2021, gold opens its session with a value of 1828 which it maintains until half an hour after australia opens, on my local clock it is at 20:30, a time with enough liquidity more for small orders such as mine compared to giant accounts, had a total of 0.18 gold units for purchase, these were protected with an order contrary to the value of 1824-23-22-20 and 1818, the broker executes these orders contrary to the value of 1803, greatly damaging my account and to top it off an hour later the value of the asset returns to the area of my purchases, then what he did has no justification, the broker opens a sell stoop order at a ridiculous price, better not open anything , but yes, he opens a sell stoop order established at the value of 1824-1823-1822 and 1818, however he opens them at the value of 1803, it really is a tremendous penalty, I have been with this broker for 6 years and all because I was able to double my account in 5 days has destroyed all my work and the worst of all my confidence, I no longer know which broker to turn to, please take care of this, neither the stoop loss nor the opposite order coverage can save them, DANGER WITH BIG ACCOUNTS, the broker has not offered any compensation I myself saw how the broker moved my price and lowered and lowered for JUST JUST COINCIDENCE OPENS THE ORDER THE MINIMUM OF YOUR CANDLE, DESTROYING MY ACCOUNT

Take care this world is more an illusion full of traps

Dec 18, 2019 - 1 star BROKER ROBOFOREX HAS HANDLED THE TRADING SESSION AT THE END OF THIS AND IN ITS ASIATIC OPENING DELAYING IN 5 MINUTES ITS OPENING ON A WEEK DAY, THURSDAY, DECEMBER 19, IMPROVING THE PROTECTION OF MY ACCOUNT WITH THIS MEASURE BLOCK ANY RESPONSE ACTION BEFORE THE MARKET WHICH IS OPEN FROM 00:00 AND BROKER ROBOFOREX OPENS 00:05 SERIOUSLY INJURYING MY ACCOUNT, AND WHICH ARGUMENTS

- BROKER'S ROBOFOREX ANSWER-

-this applies to all types of orders (stop loss, take profit, stop out, market) and attempts to modify them. This measure is taken to protect customer positions from rapid price increases, which tend to occur around midnight due to critically low liquidity at that time .---

THIS MEASURE IN NO EVENT HAS BENEFITED AND PRESENTED AS A GAP IN THE GBP / USD AND GBP / JPY INSTRUMENTS MISSING MY ACCOUNT FOR 60 USD, REQUIRED THE RETURN MONEY, AND ALSO DENOUNCE THE MARKET HANDLING FROM THIS BROKER

Please note that stop orders are executed at prices that are available at the moment of order execution. The price set in the order is not guaranteed and may differ from the execution price. Those slippages are rare when the markets are calm and liquid, but may reach significant values in the events of low liquidity, or high volatility when the prices move in a rapid and unstable manner.

Trading sessions for instruments are disclosed on the website in the contract specifications section.

In case you have any new data that may be useful in reviewing your claim, please send it to our live support in any way that is convenient for you.

Roboforex 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!

Roboforex: broker in-depth review in 2021

Roboforex is a forex brokerage that has been on the market for more than 10 years. Over time, it has grown to operate in 193 countries and covered thousands of markets. With this service, you can take advantage of the globally recognized trading platforms, such as roboforex metatrader 4, MT5, and more.

Find out everything you need to know about this tried and tested broker.

Pros and cons

Let’s start our roboforex review with a brief look at the pros and cons.

+ suitable for beginners and experienced traders

+ supports more than 12,000 markets

+ wide selection of payment methods

+ top-grade trading platforms

– doesn’t accept US and canada residents

Key features

Roboforex is known for the following features:

Hedging, scalping

One-click trading

Algo-trading strategies

Negative balance protection

Advanced financial chart comparison instruments and analytics

Different types of orders (stop loss, trailing stop, take profit)

Demo account with virtual funds

Educational programs, courses, and seminars

Additionally, you can use mobile trader roboforex if you want to always keep in touch with the markets. It’s a full-fledged platform suitable for monitoring open positions, account balance, trading history, and many other actions.

Account types

The roboforex broker offers five account types. We’ll quickly go over each of them to help you figure out which one you find the most suitable.

Prime	ECN	R trader	pro-cent	pro-standard
description	advanced, company-oriented	for professional individual traders	for those with some experience	both for beginners and experienced	most suitable for beginners
trading assets	25+ currency pairs, metals, crypto, cfds	35+ currency pairs, metals, crypto, cfds	more than 12,000: indices, crypto, stocks, forex and etfs, cfds	35+ currency pairs, metals, crypto	35+ currency pairs, metals, crypto, cfds
spread	from 0 pips	from 0 pips	from 0.01 EUR	from 1.3 pips	from 1.3 pips
max leverage	1:300	1:500	1:300	1:2000	1:2000
stop out	100%	40%	20%	10%	20%
deposit bonuses	no	no	no	yes	yes

Roboforex has no deposit fees, and there are no charges associated with inactive accounts. As for withdrawals, there are a few things worth mentioning:

Withdrawal method	currency	fee	limit
debit/credit cards	USD, EUR, GBP, CHF, PLN, CZK	2.6% + 1 EUR	10,000 USD
bank transfers (SEPA)	EUR	1,5%	500 – 50,000 EUR
local bank transfers	MYR, IDR, THB, VND	up to 4%	70 – 49,000 MYR 300,000 – 90,000,000 IDR 650 – 490,000 THB 300,000 – 280,000,000 VND
skrill	USD, EUR	1% (learn more about skrill)	0.1 – 100,000 USD
neteller	USD, EUR, MYR, IDR, AED, PLN	1% (you can find a neteller article)	5 – 10,000 USD
ecopayz	USD, EUR	2 EUR (read our ecopayz review)	10 – 100 000 USD (also depends on ecopayz account level)

Also, in 2018, roboforex launched a new service for depositing BTC accounts with more than 40 cryptocurrencies covered. If you’re curious about crypto cards and deposits in general, we have a separate trastra review.

Trading commissions are as follows:

Forex — 15 USD /1 mil base currency

Stocks, etfs, commodities (0.0045-0.015 USD / share with 0.25-1.5 USD being the minimum)

Cryptocurrency – 0.30%

Bonuses and promotions

The platform offers a 30 USD welcome bonus that is very easy to get a hold of. Open cent and standard accounts, become verified and make an initial deposit of 10 USD or more. This helps you get started and gives you some assistance.

If you head over to the welcome bonus page, you can learn more and probably even claim yours.

There are several other types of bonuses as well:

Classic bonus up to 120% for the initial and further deposits as well;

Profit share bonus up to 60% for drawdown protection;

Up to 10% of the additional profit on account balance;

Free withdrawal of funds on the first and the third tuesday;

Sponsored VPS MT5 for a 5600+ USD deposit.

Trading platforms

platform	suited for	features
webtrader roboforex	easiest way to get into trading	– all MT4 account types trading. – 13 technical indicators – one-click trading. – displaying trading history and positions opened in metatrader 4. – online monitoring of quotes without delays. – convenient chart control panel.
Roboforex metatrader 5	one of the superior tools for comprehensive price analysis	– market depth – 4 types of order execution – 30 technical indicators – 6 types of pending orders – multi-currency tester
roboforex MT4	retail traders and professional fund managers	– the most popular platform for forex traders – basic tools for graphic analysis – 3 types of order execution – programming your own trading robot – 50 ready-to-use indicators for technical analysis
roboforex ctrader	roboforex ctrader download mainly suits experienced traders	– level II pricing – 9 advanced charts – rare types of orders – 14 timeframes – 54 technical indicators

Reliability and regulation

Roboforex exclusively uses tier 1 banks, which is a measure of financial health and strength. This means that the funds are processed in a safe manner.

Roboforex is licensed by exchange commission (cysec) and cyprus securities. This type of supervision is a well-known standard. However, some people remain apprehensive about off-shore regulation. It’s up to you to decide but bear in mind that is cysec a recognized international authority.

However, we should note that trading in financial assets can result in losses. Make sure you do thorough research on strategies and this activity in general beforehand.

Finally, let’s get to the most common questions.

What is the minimum deposit and withdrawal on roboforex?

For most payment systems (bank transfers, VISA/JCB/mastercard, ecopayz, western union, etc.), the roboforex minimum withdrawal and deposit amounts sit at 10 EUR.

But there are many peculiarities, such as bank transfer (SEPA) limitations for deposits being 500-100,000 EUR and for withdrawals — 500-50,000 EUR. Check specifically for your preferred method.

How to open an account on roboforex website?

Go to the roboforex starter page and click “open an account”.

Fill in your basic personal information in the members area (name, email, phone) and follow further instructions. The whole process is straightforward and quick.

For information on opening accounts as legal entities and demo accounts, head over to the opening account section.

How is a swap calculated?

Roboforex swap rates are based on the difference between base and quote currencies’ interest rates provided by their market makers. It is applied when a trader holds a position overnight. Swap can turn out to bring profit or, on the contrary, be a negative value.

How do I contact roboforex customer support?

There are multiple ways of contacting roboforex, and you can access all of them on a dedicated page. The quickest way to get a response is through live chat. Other fairly responsive contact methods are messengers (facebook, telegram, viber, skype, whatsapp, and line) and regular email.

Roboforex

Forex accounts

account type	rating	min. Order (lots)	min. Deposit ($)	spread type	min. Spread (pips)	commission
ECN	275	0.01	10	floating	0	2
prime	260	0.01	10	floating	0	1.5
pro-standard	240	0.01	10	floating	1.3	—
pro-cent	215	0.001	10	floating	1.3	—
R trader	200	0.01	100	floating	0	1.5
ECN-pro affiliate	195	0.01	10	floating	0	6
pro-affiliate	155	0.01	10	floating	2.4	—

About the broker roboforex

Choosing the best trading terms

The principles of roboforex work

Roboforex’s cooperation with its clients and partners is expressed in clear and simple rules:

Transparency. The company’s business model and its structure are known both to partners and clients, its principles are mutually beneficial and meet all legal requirements;

Accessibility. Any client of roboforex may rely at any time on the professional assistance of the company’s experts;

Confidentiality. Data about company’s clients and partners is secure, and is safe from any risk of unregistered use.

Roboforex

Company roboforex ltd

Founded in 2009

Online since 2010

Offices in

Bitcoin

Bitcoin cash

Boleto bancário

Cashu

Credit/debit cards

Ecopayz

Ethereum

Giropay

Ideal

Liqpay

Litecoin

Neteller

Perfect money

Skrill

SOFORT

Unionpay

Chinese

English

Indonesian

Malay

Portuguese

Russian

Spanish

Trading server time zone EET

VPS for traders free after trading 3 lots.

Rebates per 1 std. Lot 3 $

Special notes swap-free (islamic) accounts involve paying commission of $5-20 per one standard lot.

Free EA wizard and strategyquant tools available to active traders to create automatic trading strategies (expert advisors and robots) easily and quickly.

Account types:

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Browser-based platform

Minimum account size $10

Minimum position size 0.01 lot

Spread type variable

Typical spread on EUR/USD, pips 1.4

Minimum spread on EUR/USD, pips 0.8

Scalping allowed

Expert advisors allowed

Trading instruments

Hedging

Overnight interest rates (swaps)

Trailing stop

Pending orders

One-click trading

Browser-based platform

Minimum account size $10

Minimum position size 0.01 lot

Spread type variable

Typical spread on EUR/USD, pips 1.4

Minimum spread on EUR/USD, pips 0.8

Scalping allowed

Expert advisors allowed

Trading instruments

Trailing stop

Pending orders

One-click trading

Browser-based platform

Trading via API

Minimum account size $10

Minimum position size 0.01 lot

Spread type variable

Typical spread on EUR/USD, pips 0.4

Minimum spread on EUR/USD, pips 0.1

Commission (one-way) per 1 std. Lot $20

Trading instruments

Pending orders

One-click trading

Mobile trading

Browser-based platform

Automated trading

Minimum account size $100

Minimum position size 0.01 lot

Spread type fixed

Spread on EUR/USD, pips 0

Commission (one-way) per 1 std. Lot $2

Trading instruments

Hedging

Trailing stop

Pending orders

One-click trading

Mobile trading

Automated trading

Minimum account size $10

Minimum position size 0.01 lot

Spread type variable

Typical spread on EUR/USD, pips 0.2

Minimum spread on EUR/USD, pips 0

Scalping allowed

Trading instruments

Reviews

69 reviews of roboforex are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.

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.

The only way to really know who they are is just by trying them with really small amount of money. I signed up and verified my account and when I was about to deposit and claim my bonus and start trading, they called me fraud and said " you can't get the bonus" and when I asked why they literally said, "no reason". Would you ever trust a broker that calls you fraud from the very beginning. That was enough for me to start somewhere else. To really know a broker see how they reply, see how they treat you when you wanna withdraw or when you don't have much money in your account. My account number is 21044099

If you already contacted our live support, please specify the date and the ticket number to help us solve the problems you encountered and provide a comprehensive answer.

Your welcome bonus 30usd is fake. To get your welcome bonus 30usd we need to deposit at least 10usd as per your customer service department told me , i deposited more than 16usd for get nothing. Contact your customer service to clarify as they said i did not pass the anti fraud system verification. What the heck is anti fraud system? They ask me to deposit again 100usd for able to claim the welcome bonus 30usd. Without this welcome bonus 30usd, I make some trading and some profit within this few days, now I worry about to withdraw. Because I saw so many bad review here.

Kindly follow the instructions are provided in the ticket 870251, so we can refund your funds back to you.

Broker roboforex does not withdraw funds from the trading account to clients!

My roboforex broker account: 7282521

The account has been verified, now they have blocked the output. I can’t even submit a withdrawal request!

Stop orders, due to their execution mechanics may be executed at prices that are different than the ones set in the order. This is especially true at the times when major news events occur.

We recognize however that every such situation should be examined on a case by case basis. We would, therefore, be happy to discuss this situation if you send us a ticket from your member's area

I have been trading the new zealand

Interest rate yesterday NZDUSD and

GBPNZD. My pending orders were less than 300 and 200 points away from the market price and the market moves something around 2000 points on GBPNZD my order was executed on 1500 points away were there was a market reversal so as to block my account

Same as on the NZDUSD the did the same thing.

So I don't recommend anyone to trade with this broker. NB. It was my first transactions with the broker. And the say " first impression. "

I'm so disappointed coz I make my living out of trading and now I'm robbed of my capital.

Withdrawals take forever to be processed, I'm still waiting for mine to come through I might as well start looking for another broker.

Could you provide your account number? We need to check the information you provided.

I am glad I went for small deposit amounts with this broker. At first I made little losses but the first time I made a profit and tried to withdraw just 10 USD, I was told to wait 10 days. After 13 days, I lodged a complaint with them, to which they responded and gave me an ARN code. I am yet to receive the funds four months on. I suspended my activity with them and my account manager has not even bothered to check back with me the reasons for my dormancy. This means that even the account managers are either not real, or they are just lazy. The base thing is, this company is just not worth anyone's trust.

The funds were transferred to your account 2774725. This info can always be found in the commentary of the balance operation.

Please avoid spreading false and misleading statements about the company.

I am here to dicuss about a broker robofx.My robofx account number is 5161813 .. This broker is worst broker i have seen they have eaten my profit and my own investment as well

I deposit 3k and i earned 6k

But now this broker is not giving me not my profit nor my deposit back

.. Its been few days now and i am still waiting for withdrawal .. This slugish and dishonnest broker transfered my funds in someone else account and now saying that we cant do anything .. Even they dont have any regulation so i can claim my funds back .. I have never seen this kind of bad brokrage .. They have eaten my funds in front of me and now they are just giving me lame excuses .

The thing is i cant do anything i dont know where to go and have my funds back .. I am writing here for other peoples .Please do not conduct business with robo forex this broker is scam broker they just want deposit they wont give any withdrawal if you r making money with them

Company does not block live accounts with client's funds. Please, provide your account no. Here or contact our live support and we will check.

Roboforex blocked my cabinet without explanations.

I just can't get inside now and make withdrawal!

Roboforex support team informed me I broke some rules but I still can not understand what exactly.. I just want to take my deposit back! Very frustrating..

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