Is roboforex regulated

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.

Top forex bonuses

RoboForex Review and Tutorial 2021, is roboforex regulated.

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

Roboforex review and tutorial 2021

Go to the brokers list for alternatives

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 regulation

IFSC belize

Roboforex ltd has a special brokerage license IFSC belize "trading in financial and commodity-based derivative instruments and other securities" under the number 000138/107.

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

The activity of IFSC is regulated by the ministry of belize securities and international financial services commission act (IFSC act). As the regulator of financial services market, IFSC issues licenses and conducts monitoring of financial services provided by the market players to guarantee that the licensees operate in the most efficient, transparent, and reliable way. The regulator ensures that only the most reliable and socially responsible companies receive the license to operate within belize and beyond.

IFSC belize follows the international AML (anti-money laundering) policy.

The financial commission

Roboforex ltd is an official participant of the financial commission, an international organization, which resolves disputes between its participants and their clients.

The purpose of the commission is the alternative pretrial resolution of conflicts arose between its participants and their clients. One may submit an application to the financial commission in russian, english, spanish, and chinese. Application response time is 7 days.

The commission has an impressive compensation fund and consists of experts on brokerage activities from all over the world. Their extensive experience in forex, professional reputation, and legal literacy allow finding mutually acceptable solutions concerning any controversial issues. The decisions of the commission are binding decisions, i.E. All the participants of the situation should follow them.

Compensation fund

Roboforex ltd, which is an "A" category member of the financial commission, also is a participant of its compensation fund. The compensation fund is a service included with financial commission membership which provides protection up to €20,000 per case should a member refuse to adhere to a judgment from the financial commission. For more information, click here.

The purpose of the fund is to provide insurance coverage for the traders, who work with the participants of the financial commission, and pay them compensations. These payouts are available to any client of the company, which is a member of the financial commission, in case the brokerage company refuses or has no chance of abiding the commission’s decision in favor of the client. The sum specified by the commission may be up to 20,000 EUR per each trader.

The compensation funds of the financial commission is a special fund, organized by the commission members to provide traders with additional financial security. The fund is based on monthly fees paid by the companies, which are members of the commission. 10% of this money is transferred directly to the compensation fund and kept on a segregated bank account.

Civil liability insurance program

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.

This coverage is provided to our clients without any additional fees.

Verify my trade (VMT)

Roboforex ltd has received the execution quality certificate verify my trade (VMT), confirming its compliance with the strict requirements of the financial commission to its member brokers.

Thanks to the partnership of verify my trade and the financial commission we have an opportunity to assess the quality of services of broker companies. The independent service verify my trade provides post-trade analysis of order execution in broker companies. The data from the trading record gets analyzed monthly and compared to reference values. Brokers owning a VTM certificate are compelled to periodical submission of the statistical data on order execution in order to prove their compliance with the requirements of the financial commission.

Roboforex ltd sends 5,000 depersonalized client trades for analysis every month, so that they were compared with the results of other brokers. For the certificate in force to be confirmed, the results of the check-ups should comply with the market average values.

Website of the regulatory organization: verify my trade

Is roboforex regulated

The chart shows data on the number of trading accounts opened at roboforex ltd.

History and milestones of roboforex ltd

2009 - 2015

The company established

Accession to the FSCL

Launch of affiliate program

Copyfx and contestfx projects

Implementation of "negative balance protection" service

Launch of bonus programs

Addition of R webtrader platform

Giveaway of tesla model S supercar

Increase of the maximum permissible leverage value up to 1:1000

Addition of CFD instruments

Introduction of trading accounts in GOLD and CNY

2016 - 2018

Creation of RAMM, a unique investment platform, and professional analytics center

Release of the platform for trading stocks

Expansion of the total number of trading instruments to

Launch of "free funds withdrawal" and “profit share bonus” programs on a permanent basis

Addition of "roboforex wallet" multi-currency payment service

24/7 access to trading 26 cryptocurrencies

Increase of the maximum permissible leverage value up to 1:2000

Sponsorship of a muay thai fighter and a world kickboxing champion, andrei kulebin

Launch of the promotion with unique conditions for trading indices

Improvement of subscription conditions to copyfx traders

Arrangement of a large financial conference, “systematic approach in investing”

Introduction of a new server, “procent-3“

Access to trading more than 3,000 real stocks of the largest american companies

Expansion of the total number of trading instruments to 11,700

Global updates to R webtrader and R mobiletrader for android and ios

Status of a broker-winner of more than 20 awards of the financial industry

About roboforex

Roboforex has been operating since 2009 and is regulated by the IFSC, license no. 000138/107.

From the moment of its foundation, roboforex has always been focused on providing best trading conditions using innovative technologies and many years of experience. Roboforex is an international broker, which offers 8 asset types and more than 12,000 instruments for trading. We’re very proud of a variety of services we provide our clients and partners with, which are of the same quality for all, regardless their experience and amount of their investments.

Roboforex ltd regulation

Roboforex ltd is an international broker with the IFSC belize license.

IFSC belize

Roboforex ltd has a special brokerage license IFSC belize "trading in financial and commodity-based derivative instruments and other securities" under the number 000138/107.

The regulator ensures that only the most reliable and socially responsible companies receive the license to operate within belize and beyond.

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

The financial commission

Roboforex ltd is an official participant of the financial commission , an international organization, which resolves disputes between its participants and their clients.

Roboforex ltd, which is an "A" category member, also is a participant of the commission’s compensation fund . The compensation fund is a service included with financial commission membership which provides protection up to €20,000 per case should a member refuse to adhere to a judgment from the financial commission. For more information, click here.

Starting 2018, roboforex ltd regularly undergoes quality auditing review of order execution on the verify my trade service, partner of the financial commission that provides for objective evaluation of how brokers execute trade orders. Successful completion of this procedure confirms the broker’s compliance with the strict requirements of the financial commission to its members.

The official sponsor of a muay thai fighter and a world kickboxing champion, andrei kulebin

"starikovich-heskes team"
sponsorship at the dakar 2017

Winner of more than 10 prestigious awards

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

More than 800,000 clients from 169 countries.

Best investment products (global)

Best partnership program (LATAM)

Most trusted
broker

Most transparent
asian forex broker

Best global mobile
trading app

Best broker
of the CIS

Security of clients' funds

Your funds are completely secure when you trade with roboforex.

Roboforex ltd is an international broker regulated by the international financial services commission belize,
license no. 000138/107.

Negative balance protection

In case the market volatility prevents clients from keeping a positive balance on their accounts, roboforex ltd automatically sets the balance to zero.

Compensation fund of the financial commission

The compensation fund is a service included with financial commission membership which provides protection up to €20,000 per case should a member refuse to adhere to a judgment from the financial commission. For more information, click here.

Civil liability insurance program

Roboforex has 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.

Exclusive trading platforms and technologies

Taking into account the needs of nowadays traders, roboforex developed trading platforms especially for its clients. Along with the most popular platforms in the industry, they offer a great deal of terminals for comfortable trading.

R webtrader

The company’s proprietary web platform was developed especially for roboforex clients. It runs on all desktop and mobile browsers.

R mobiletrader

A compact mobile application, which can easily match fully functional desktop terminals.

R trader

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

R trader strategy builder

Free and easy-to-use module, which allows retail clients to create, backtest, and apply algorithmic trading strategies without having any programming skills.

Copyfx

An investment platform for simple and short-term investment. The platform is a simple and convenient way to copy transactions.

Leading platforms in the industry

Metatrader 4

Metatrader4 is the most popular trading platforms on the forex market, which includes a lot of informational materials, trading robots, and indicators.

Metatrader 5

The latest version of metatrader with an opportunity to choose from netting/hedging systems.

The company’s business profile

founded	2009
head office	2118 guava street, belama phase 1, belize city, belize
regulation	roboforex ltd is regulated by the IFSC, license 000138/107, reg. Number 128.572. Roboforex ltd, which is an "A" category member of the financial commission, also is a participant of its compensation fund.
Liquidity providers	8
trading instruments	more than 12,000
asset types	8 (forex, stocks, indices, etfs, commodities, energies, metals, cryptocurrencies)
investment platforms	1 (copyfx)
trading platforms	6 (metatrader 4, metatrader 5, ctrader, R webtrader, R mobiletrader, R trader)

A professional team that works in roboforex live support is ready to answer your questions in 11 languages.

More than 20 payments systems

Choose the most convenient way for you to deposit and withdraw funds.

Get access to the world’s largest markets by means of roboforex accounts and platforms.

USD, EUR, CNY, GOLD
simplify your cooperation with the company using your national currency as the base one.

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

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

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

Risk warning: there is a high level of risk involved when trading leveraged products such as forex/cfds. 58.42% of retail investor accounts lose money when trading cfds with this provider. You should not risk more than you can afford to lose, it is possible that you may lose the entire amount of your account balance. You should not trade or invest unless you fully understand the true extent of your exposure to the risk of loss. When trading or investing, you must always take into consideration the level of your experience. Copy-trading services imply additional risks to your investment due to nature of such products. If the risks involved seem unclear to you, please apply to an outside specialist for an independent advice. Roboforex ltd does not target EU/EEA clients. We don't work on the territory of the USA, canada, japan, australia, bonaire, curaçao, east timor, liberia, saipan, russia, sint eustatius, tahiti, turkey, guinea-bissau, micronesia, northern mariana islands, svalbard and jan mayen, south sudan, and other restricted countries.

Roboforex review

Roboforex is a licensed and regulated broker that has been operating since 2009 operating out of limassol in cyprus. It is under the jurisdiction of cyprus securities and exchange commission (cysec). Roboforex is also registered as a legal investment company in some countries such as france, spain, german, and the UK. Roboforex is owned and managed by roboforex group headquartered in cyprus sobo house 377.

Roboforex is regulated by both cyprus securities and exchange commission (cysec) (license 191/13) and international financial services commission (IFSC). Roboforex has a special brokerage license IFSC BELIZE giving the broker rights to trade in financial, securities and commodity-based derivative instruments under license number IFSC/60/271/TS/17. The regulator ensures that only socially responsible and most reliable companies receive the license.

Before signing or trading in any online brokerage company its good to do some research and understand all the risk involved, types of a platform they offer as well as the leverage. It is also good to know if their trading account, average spreads provided and if they are regulated and licensed in order not to-trader with scammers.

With roboforex you rather open an account in cyprus where the regulator has strict control with all the brokers registered with it than use the brokers in belize where their regulations are less stringent. Forex brokers regulated by cyprus securities and exchange commission (cysec) are legally allowed to operate in any european union (EU) member state.

Robforex keeps all traders funds in a segregated trust bank account and uses tier -1 for this. The investor compensation scheme directive (ICSD) guarantee all trader investments up to EUR 20,000.

Roboforex supports the popular meta trader 4 platform, meta trader 5 platform and ctrader. It also offers its traders with other platforms like multiterminal, webtrader robomarkets, currenex viking trader and mobile versions of android and ios. MT4 and MT5 offer access to cfds, future markets, and forex. The two platform uses MQL programming which allows automated trading via expert advisors, signals, analysis tool, alerts, advanced charting, one-click trading and ability to customize to ones need.

MT4 is the world most popular trading platform because it is user-friendly. Traders can customize it the way want it. MT4 is available as a desktop download and mobile version for android and ios. MT4 main features include real-time quotes, news streaming, supports three types of order execution, 50 types of technical indicators and many more.

MT5 is a newer version of MT4, but still, many traders prefer to use MT4 because the majority of MT4 eas and indicators are not supported in the MT5 platform. MT5 is slowly gaining popularity since hedging option was added and some enhancement made. Meta trader 5 is available for PC and mobile apps. Its main features include six types of order, market depth, multi-currency tester, supports four types of order execution, virtual hosting, etc.

Ctrader is an electronic communication network (ECN) platform for direct access to interbank quotes. Ctrade is available on desktop, in web and mobile version. The platform comes with mirror trading (cmirror) and auto-trading (calgo) modules. The platform is easy to use, fast and provides tight spreads and pricing transparency. Its main features include 54 types of technical indicators, supports 14 timeframes, supports trading straight from the charts, ultra-fast execution supports rare market order types and many more.

Roboforex offers three trading accounts namely, standard, cents and ECN accounts. Standard accounts come in two formats, fix-standard and pro-standard. The main difference between the two is that fix standard has fixed spreads while pro standard has floating spreads.

Cents accounts also come in two types, fix-cent and pro-cent. They have the same benefits as standard account except for the lower minimum margin requirement.

ECN accounts are also subcategorized into two types, ECN-PRO NDD and ECN-FIXSPREAD NDD. The main difference the two is that ECN PRO NDD has floating spreads and commission is charged while ECN FIXSPREAD NDD has fixed spreads and is commission free.

Swap-free services are available to islamic investors on pro-cent and pro-standard accounts.

Traders who want to trade on the stock will be required to open a stock trading account. There is also a demo account for traders who wish to know how it works before signing.

Deposits and withdraws

The brokers offer its traders with automatic withdraw system open 24/7. Roboforex provides the traditional payment choices like visa and master card, fasapay, skill, neteller, etc. There are also other less popular methods available like todito cash, alipay, sofort, multibanco, and boleto.

Spreads leverage and commission

Roboforex offers a maximum leverage of 1000:1 this allows investors to transact with sums higher than their balance.

The broker offers both fixed and floating spreads. They start from 0-2 points. A fixed rate is more predictable but floating spreads can provide the best market at given time which might be lower than the fixed rate.

Advantages of roboforex

Good choice of trading platform.

The broker has a wide variety of deposit and withdraws methods.

Negative balance protection.

Roboforex has unlimited demo accounts.

Swap-free accounts

Disadvantages of roboforex

Regulated by a weak regulator.

Roboforex provides its clients with a wide variety of payment options available 24/7. It also offers its clients with a range of products, variety of trade accounts and trading platforms.

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

Is roboforex regulated

What do traders say about roboforex ?

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

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

What do regulators say about roboforex ?

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

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

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

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

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

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

Have you been scammed by roboforex ?

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

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

Chargeback is the solution

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

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

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

Get your money back NOW !

Fill out the form below and get a FREE consultation today

Roboforex review

This roboforex review analyzes a quality STP/ECN broker that is a great option for both beginner and veteran traders. It’s also an excellent choice if you’re looking to diversify your trading portfolio.

Roboforex offers over 13,000 trading instruments for you to choose from, including over 40 currency pairs, over 11,700 stock cfds, 26 cryptocurrency cfds, and over 100 soft commodity etfs.

This broker provides you with tight spreads, quality insurance for client funds, and access to multiple trading platforms. It also offers multiple account types for different trading styles, some very attractive bonuses, and great leverage.

Continue reading our in-depth roboforex review to discover more about this quality broker and everything it offers.

Discover an accomplished, award-winning broker

Based in belize, roboforex was founded in 2009 and has since grown to service over 730,000 clients. The broker prides itself on offering a wide range of services and excellent trading conditions.

Roboforex offers over 13,000 tradable instruments in 8 asset classes. These include over 40 currency pairs, more than 11,700 stock cfds, over 1,000 etfs, and 26 cryptocurrency cfds.

Our roboforex review team also found that roboforex has won a series of awards. In 2019 alone, they won the best broker of the CIS, the best investment platform, the best educational-forex center in CIS, and the best investment products global awards.

It should be noted that roboforex does not accept customers from the united states.

Expect a regulated broker with strong client protection

Roboforex is an international broker that is licensed by the international financial services commission of belize under license number IFSC/60/271/TS. While the IFSC is not necessarily considered a top-tier regulatory body, it is still a reputable authority with a focus on protecting traders.

This broker has also taken serious steps to protect their clients’ funds. It has implemented negative balance protection to limit the risk of market volatility. If your account drops into negative figures, roboforex will top up your account to 0, ensuring you don’t owe anything.

During our roboforex review, we also discovered that they are a member of the financial commission, as well as the compensation fund this organization offers. This means that you are protected up to €20,000. You also have an avenue to settle disputes with the broker without going to court.

This broker has also implemented a civil liability insurance program up to a total of €5 million. Coverage includes fraud, negligence, omissions, and various other risks that could cause clients to lose their money.

Roboforex has also received the verify my trade (VMT) certificate from the financial commission. This certificate confirms that this broker offers quality trade execution conditions and is in full compliance with the rigorous trading condition requirements imposed by the FC.

In terms of web security, roboforex uses comodo security solutions to encrypt all personal information and transactions during transmission via the internet. It also uses two-step authentication to further secure your member’s area.

Take advantage of a variety of account types

Roboforex is an STP/ECN broker, meaning they offer both types of accounts. The accounts are designed for different trading styles and levels of experience and expertise.

STP accounts

The pro-cent account is mainly aimed at beginners, but also veterans who wish to test trading strategies. You can trade 36 currency pairs, metals, and cryptocurrencies with this type of account.

The pro-standard account is designed for all types of traders. Besides the instruments available with the pro-cent account, you can also trade cfds on US stocks, cfds on indices, and oil cfds.

Both accounts have a minimum deposit of $10, floating spreads starting from 1.3 pips, and maximum leverage of 1:2000. They are also available in swap-free versions for muslim traders.

ECN accounts

The ECN-pro account is designed for professional traders looking for outstanding trading conditions. It features floating spreads starting from 0 pips and commissions for trading volumes of $1 million. The account has a minimum deposit of $10 and maximum leverage of 1:300.

The prime account is aimed at experienced traders and the broker claims it provides trading conditions similar to liquidity providers. The minimum deposit is $5,000. This account comes with floating spreads from 0 pips and maximum leverage of 1:100.

Other accounts

R trader is a unique account that allows veteran traders to trade all of the financial instruments roboforex offers. Spreads start at $0.01 and the minimum deposit is $100.

Commissions vary based on the underlying asset being traded. Cryptocurrencies incur a commission of 0.30%, while US stock cfds feature a commission of $0.02 per share. If you deposit $10,000 or more, you will enjoy a commission of $0.0045 per share for US stock cfds.

Roboforex also offers copyfx, which allows social trading. You just pick the traders you prefer, and the account will duplicate their trades on your account.

The RAMM investment system allows you to create your own investment strategy to attract traders to copy you to make additional profits. You also have the option of choosing from the many profitable strategies that are already available.

Our roboforex review team discovered that this broker also offers a demo account where beginner traders can practice trading in real market conditions. Veteran traders can also use the demo account to test their trading strategies.

Discover how much it will cost you to trade with roboforex

Roboforex offers competitive spreads on certain account types, while others are in line with the market average. Commissions and rollover fees are also in line with other quality brokers. These differ based on the underlying asset you are trading and can be found on the broker’s website.

Deposits incur no commissions. Roboforex allows commission-free withdrawals twice a month, namely on the first and third tuesday of each month. A handy calendar is available on the website to remind you of these specific dates, so you don’t miss out.

Otherwise, depending on the withdrawal method, you will have to pay a commission between 0% and 2.6%. A local bank transfer, for example, will incur a fee of 1.6%, while a skrill withdrawal will cost you 1% of the amount you are withdrawing. QIWI wallet, on the other hand, has a 0% commission.

It should be noted that some withdrawal methods have limitations. For example, with skrill, the minimum withdrawal is $0.1, and the maximum is $100,000. With QIWI wallet, the minimum is $0.5 and the maximum is $3,800.

Enjoy an extensive array of payment methods

During our review of roboforex, our team of experts was pleased to see the extensive array of payment methods available. These include various bank, electronic, and card withdrawals and deposits.

At roboforex, you can fund your account using most major credit cards and china unionpay. You can also use payment systems like webmoney, skrill, perfect money, and fasapay, among many others. Local bank transfers are available in certain countries, as are giropay, ideal, rapid transfer, and more. These same payment methods are also available for withdrawals.

Processing times for deposits range from instant to 3 bank days, depending on the system used. For example, visa cards and skrill are instant, while deposits through santander and HSBC take up to 1 day.

Withdrawal processing times vary from 1 minute to 10 bank days. Credit card withdrawals can take up to 10 days, whereas using perfect money and fasapay can take between 1 minute and 1 day.

Benefit from great bonuses and promotions

Roboforex offers you some great bonuses, including a welcome bonus offer and a classic bonus. Conditions do apply, but our roboforex review team feels they are quite reasonable.

This broker also offers a series of other benefits, including a cashback scheme. Depending on the account you have, and the number of lots you trade, you can get as much as 15% in rebates. The rebates are not subject to any restrictions.

Roboforex also offers up to 10% additional profit on your account balance, not including any funds you received as a bonus. The percentage you receive differs based on the number of lots you trade. To get the maximum, you have to trade over 1,000 lots per month.

Free contests are also available. Some are held weekly, while others are monthly. Overall, our review team found that roboforex offers ample rewards for choosing to trade with them.

Get ready to be spoiled for choice in terms of trading platforms

The roboforex website is available in 19 languages, including english, chinese, italian, latvian, and indonesian. The site is very user-friendly and easy to navigate. You’ll quickly be able to find all the information you need to make an informed decision when choosing an account type, a payment method, and more.

The registration process is straightforward and is similar to what you’d find at other popular brokers. You’ll need to supply some information about income and trading experience, as well as some personal details.

To verify your account, you’ll need to provide an international passport for proof of identity and a utility bill for proof of residence.

In terms of trading platforms, our roboforex review team was pleased to see that this broker offers the ever-popular metatrader 4 and metatrader 5, including the browser-only versions.

The ctrader platform is also available. This is perfect for experienced traders who value execution speed and like to trade unconventional instruments.

Roboforex has also developed its own proprietary platform dubbed R trader. This platform is available as a web solution and provides traders with access to all the broker’s trading instruments.

It features all the charting and analytical tools a trader could possibly need. The platform also offers one-click trading, custom watchlists so you can better manage your investments, and a free automated strategy builder. It should be noted that access to this platform is only available with a minimum deposit of $100.

This broker also offers a few additional tools to make trading easier for you. These include a forex analysis and forecast center, an economic calendar, a free VPS, and a trading calculator.

Trade from anywhere

The roboforex website is mobile-responsive, meaning that you can easily navigate it using any device. You can register, make deposits and withdrawals, and more using your smartphone or tablet.

In terms of trading, you can opt for the mobile versions of MT4 or MT5, as well as the mobile version of roboforex’s R trader, namely R mobiletrader.

R mobiletrader features 13 technical indicators, 9 tools for graphic analysis, easy account management, and analytics from the broker’s experts. This makes it a powerful tool you can use to trade directly from your smartphone.

Take advantage of a wide range of educational materials

Our roboforex review team was pleased to discover that this broker offers plenty of educational materials. On the website, you will find everything you need to help you get started, from choosing the right type of account to advice on how to open your account.

The roboforex website boasts basic educational materials for forex trading. These materials can be used by anyone however our reviewers found that roboforex offers much more valuable guides for registered members.

After you register for an account, you’ll be able to access a vast array of educational videos for all levels of trading experience via claws & horns.

Enjoy quality customer support

Roboforex offers support in 12 languages, including english, thai, arabic, malay, spanish, and russian. You can get in touch with this broker via live chat, phone, email, a callback service, and a form on their website.

The broker’s live support specialists are available 24/7, which our roboforex review team found to be a major plus for the broker.

Our reviewers were also pleased to discover that the agents were very polite and helpful. They were quick to respond and proved to be very knowledgeable.

Sign up for a live account with roboforex for a great trading experience

Our roboforex review team concluded that this broker is highly accomplished and dedicated to providing you with a great experience.

Competitive spreads, attractive bonuses and promotions, quality trading platforms, and plenty of trading tools are just some of the things that make roboforex a great choice for any trader. You certainly shouldn’t overlook the vast range of trading instruments available either.

Is roboforex legit?

Roboforex is a legit broker that is registered with the international financial services commission of belize.

Does roboforex offer a bonus?

Roboforex offers a series of bonuses, including a welcome and classic bonus. This broker also offers a cashback scheme and other promotions.

What is the minimum deposit at roboforex?

The minimum deposit at roboforex is $10.

Is roboforex a scam?

Roboforex is not a scam. It is registered with the international financial services commission of belize and has been in operation since 2009.

What roboforex account types are there?

Roboforex offers STP and ECN accounts, including the pro-cent account for beginners, the pro-standard account for all levels of traders, and the pro-ECN account for more advanced and professional traders. You can also open a demo account.

Roboforex review

28 october 2020 - kate leaman

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

Trade more than 12,000 instruments

Access cryptocurrencies as well as cryptoindices

Roboforex is licensed by the IFSC belize

Best broker for offering deposit methods for everyone

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

Roboforex overall scores

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

Brokers available in united states

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

Roboforex review and ratings

Availability

Roboforex group accepts clients from all over the world, excluding USA, canada, japan and australia.

Distinctive features

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

Thousands of stocks and hundreds of etfs available for trading.

1:50 leverage offered for cryptocurrency trading.

Tight spreads on major currency pairs.

Cryptocurrency funding accepted.

Trading instruments

Forex broker offers the following underlying assets for trading.

35+ currency pairs	based on major and minor world currencies.
9 crypto pairs	based on bitcoin, bitcoin cash, ethereum, dash, litecoin, ripple, EOS.
4 indice cfds	based on baskets of different blue-chip stocks.
2 crypto indice cfds	based on baskets of different cryptocurrencies.
2 metal spot cfds	based on gold and silver.
2 energy spot cfds	based on crude oil (WTI, brent).
8500+ stock cfds	based on shares of US, german and swiss companies.
350+ ETF cfds	based on exchange-traded funds containing various tradable assets.

Most of stock cfds and ETF сfds are available at R-trader platform.

Comprehensive review

Roboforex is an online forex & CFD broker registered and regulated in belize that was set up in 2009 to serve traders globally. With the exception of the four countries USA, canada, japan and australia the broker continues to serve clients from all around the world to this day.

Roboforex made headlines in the forex trading industry when they as recently as in 2018 received the ‘best crypto broker’ and ‘safest broker’ awards from the manchester and london investor show, respectively. Roboforex is also the official sponsor of muay thai fighter andrei kulebin, and the ‘starikovich-heskes’ team at the dakar 2017 championship.

There is a total of 8 categories of trading instruments offered by the broker – forex, cfds based on blue-chip stocks, cryptocurrencies, indices, metals, energies, etfs, and various commodities.

Forex traders can look forward to trading more than 40 currency pairs with roboforex. Spreads are as tight as zero pips, with leverage available for forex traders going as high as 1:2,000 depending on account type.

For trading in cfds based on stocks and exchange traded funds (etfs), the available leverage is capped at 1:20, and there is a wide range of markets available for trading, with a focus on american, german, and swiss stocks.

To trade indices, the minimum deposit amount is 10 USD, and 100 USD for etfs. There are more than 10 indices available for trading on roboforex, including major international stock indices such as the S&P 500, NASDAQ, and dow jones index.

Platforms available for trading on roboforex include the standard metatrader 4 and 5, ctrader and R trader. Ctrader caters to expert traders partly because of the huge number of technical indicators available. R trader, however, is a web-based platform with charting from the leading charting service tradingview. This makes for an extremely powerful and user-friendly platform suitable for traders at every stage of their trading journey. The initial minimum deposit to get started trading with R trader is USD 100.

Roboforex offers the following account types for trading:
– standard account
– ECN account
– prime account
– cent account
– affiliate account

There are two types of standard accounts – fixed and pro. The pro account offers a wider variety of account base currencies, with even bitcoin and gold available as the base currency of the trading account. The pro account also comes with more available trading instruments, as well as tighter floating spreads.

The ECN accounts also has two types, one with fixed and one with floating spreads. Here, the fixed spread ECN account has fewer trading instruments available than its floating spreads counterpart.

Switching over to promotions and bonuses, roboforex has a pretty good offering for new clients, including a welcome bonus of 30 USD for standard and cent accounts with USD/EUR as their base currency. The bonus will be deposited into the account as soon as it is verified, and after the trader has deposited at least 10 USD.

There are no fees for depositing money into a roboforex trading account. The broker will cover all charges incurred, while offering clients more than 20 payment options to choose from.

Customer service is available in 11 languages via phone, and there are live support specialists ready 24/7 to answer to clients. There is also a callback service where clients can send in their problem and their phone number to schedule a phone call with customer support. Clients are also free to leave a message online, as an alternative to sending emails.

Roboforex – is it scam or safe?

Roboforex – is it scam or safe?

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

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

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

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

19 complains

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

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

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

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

Sincerely,
roboforex manager

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

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

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

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

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

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

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

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

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

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

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

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

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

$0
REQUEST PAYMENT
EARNED TOTAL

$10,862.90
MAKE A DEPOSIT
ACTIVE DEPOSIT

$300
upline:
cleared BTC:0
TOTAL WITHDRAWAL

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

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

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

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

So, let's see, what we have: roboforex offers MT4 & MT5 trading through several real-money accounts. Our review covers rebate bonuses, withdrawal methods & more. Register & trade today. At is roboforex regulated