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RoboForex Review
RoboForex general information
Founded in: | 2009 year |
Headquarters: | Belize |
Offices in the country: | Belize |
Minimum Deposit: | 0 $ |
Website: | www.roboforex.com |
Website languages: |
English, Arab, Indonesian, Spanish, Italian, Chinese, Lithuanian, Malay, Deutsch, Portuguese, Russian, Thai, Ukrainian, Czech |
Execution model: | NDD, ECN, STP, MM |
Deposit currency: | USD, EUR, CNY, RUB |
Support languages: |
English, Arab, Indonesian, Spanish, Italian, Chinese, Lithuanian, Malay, Deutsch, Portuguese, Russian, Thai, Ukrainian, Czech |
Regulated by: | IFSC (Belize) license №000138/333 |
Mobile trading: | iOS, Android |
Types of offered accounts: |
Unlimited Demo Accounts, Standard Accounts, ECN accounts, STP accounts, Cent accounts, Swap free accounts, VIP accounts, Micro accounts, Segregated accounts |
Trust management: | LAMM, MAM |
Autotrading: | MQL.5 Signals |
Affiliate program: | Yes |
RoboForex Forex broker description
The RoboForex broker was founded in New Zealand in 2009. This broker uses a hybrid business model in its work. It means that the broker serves as a market maker for cent accounts and as an intermediary (provides a bridge) between the clients and liquidity provider for standard and ECN accounts. This business model allows avoiding conflict of interests between the traders and the broker because the company gains profits in the shape of spreads only from standard and ECN accounts not depending on the trader’s income. Pay attention to the RoboForex review.
The RoboForex offers truly competitive and favorable trading terms, as follows:
- - convenient and functionally rich trading platforms MetaTrader4, MetaTrader5, and cTrader;
- - the mobile platform for conducting full-featured trading via mobile devices;
- - the immediate order executions;
- - zero minimum deposit;
- - floating spreads from 0 pips;
- - round-the-clock customer support service;
- - 25% bonus on every deposit.
- The RoboForex activity is regulated by the following organizations:
- -Financial Services Complaints Ltd. FSCL;
- -CySEC;
- - the Centre for Regulation in OTC Financial Instruments and Technologies (CRFIN);
- - Ukrainian Centre for OTC Financial Instruments and Technologies Development (UCRFIN).
The broker RoboForex offers the greatest amount of video lessons, tips from experienced traders and various educational materials for beginning traders. The users can check their skills on the demo account if needed. The investing platform for copying the successful deals of authoritative traders CopyFX can be called another attractive service. We recommend to study in detail RoboForex analysis.
The RoboForex broker organizes various contests with prize pool up to several thousand USD for its customers regularly. Moreover, the clients can get a big number of pleasant bonuses. For example, you will be deposited $30 for additional verification of your account, first deposit bonus with cash rewards from 50 up to 115%. It is important to emphasize that funds depositing is free from any hidden commissions. See more details about all bonuses, offers and loyalty programs from the brokerage company RoboForex here. Discover current RoboForex promotions.
The high-quality analytics is a relevant advantage for both novice and experienced traders. The broker RoboForex brings joy to its customers by posting video outlooks and forecasts, holding free webinars on a regular basis and giving an access to a wide range of functional services. For example, you can obtain an analytics from the authoritative and well-known bureau TradingCentral and the leading financial agency DowJones. The most precise trading hours and economic calendar will serve as an additional pleasant option. If you wish to participate actively in the life of a broker to go RoboForex webinars.
It is worthwhile adding that the RoboForex supports Islamic accounts, offers a free VPS-server, allows withdrawing earned money in automated mode and conducting trades in one click in pair with a variety of other significant advantages for its clients. Feel free to use currency pairs, oil, gas, popular shares, and indices, precious metals in the form of trading instruments. Actual RoboForex news you can read here.
See this page of the Topbrokers.com web portal to keep an eye on the latest news and events from the broker RoboForex. Furthermore, we offer you to learn the independent users’ testimonials about the terms, services quality and the reliability of the RoboForex here.
Trading accounts of RoboForex
- Pro-Cent
- Pro-Standard
- ECN
- Prime
- R Trader
Trading platforms: | MetaTrader 4, MetaTrader 5, Meta Trader 4 Mobile, MetaTrader 5 Mobile, MetaTrader 4 MultiTerminal |
Minimum Deposit : | 0 $ |
Deposit currency : |
USD - US Dollar EUR - Euro CNY - Chinese Yuan Renminbi |
Trading instruments:
| Forex1:2000
Number of currency pairs: 35
Metals1:500
|
Stop Out:
| 10 % |
Minimum position size:
| 0.01 лотов |
Maximum position size:
| 100 лотов |
Max. number of orders:
| 200 |
Execution type:
| Market Execution |
Swap Free:
| Yes |
VIP Account:
| Not |
Spread type:
| Floating |
Decimal places:
| 5 characters |
Margin Call:
| 40 % |
Locked Margin level:
| 25 % |
Commission:
| Not |
Interest rate:
| 10 % per year |
Phone trading:
| Not |
Trading platforms: | cTrader, MetaTrader 4, MetaTrader 5, Meta Trader 4 Mobile, MetaTrader 5 Mobile, MetaTrader 4 MultiTerminal |
Minimum Deposit : | 0 $ |
Deposit currency : |
USD - US Dollar EUR - Euro CNY - Chinese Yuan Renminbi RUB - Russian Ruble |
Trading instruments:
| Forex1:2000
Number of currency pairs: 35
CFD's1:100 Amount of assets : 6
Metals1:500
Energy sources1:100
Cryptocurrencies |
Stop Out:
| 20 % |
Minimum position size:
| 0.01 лотов |
Maximum position size:
| 100 лотов |
Max. number of orders:
| |
Execution type:
| Market Execution |
Swap Free:
| Yes |
VIP Account:
| Not |
Spread type:
| Floating |
Decimal places:
| 5 characters |
Margin Call:
| 50 % |
Locked Margin level:
| 25 % |
Commission:
| Not |
Interest rate:
| 10 % per year |
Phone trading:
| Not |
Trading platforms: | cTrader, MetaTrader 4, MetaTrader 5, Meta Trader 4 Mobile, MetaTrader 5 Mobile, MetaTrader 4 MultiTerminal |
Minimum Deposit : | 0 $ |
Deposit currency : |
USD - US Dollar EUR - Euro CNY - Chinese Yuan Renminbi RUB - Russian Ruble |
Trading instruments:
| Forex1:300
Number of currency pairs: 35
CFD's1:100 Amount of assets : 6
Metals1:150
Energy sources1:100
Cryptocurrencies |
Stop Out:
| 40 % |
Minimum position size:
| 0.01 лотов |
Maximum position size:
| 50 лотов |
Max. number of orders:
| |
Execution type:
| Market Execution |
Swap Free:
| Not |
VIP Account:
| Not |
Spread type:
| Floating |
Decimal places:
| 5 characters |
Margin Call:
| 60 % |
Locked Margin level:
| 25 % |
Commission:
| 20$/mio |
Interest rate:
| 10 % per year |
Phone trading:
| Not |
Trading platforms: | MetaTrader 4, Meta Trader 4 Mobile, MetaTrader 4 MultiTerminal |
Minimum Deposit : | 5000 $ |
Deposit currency : |
USD - US Dollar EUR - Euro CNY - Chinese Yuan Renminbi RUB - Russian Ruble |
Trading instruments:
| Forex1:100
Number of currency pairs: 27
CFD's1:100 Amount of assets : 6
Metals1:50
Energy sources1:100
Cryptocurrencies |
Stop Out:
| 100 % |
Minimum position size:
| 0.01 лотов |
Maximum position size:
| 50 лотов |
Execution type:
| Market Execution |
Swap Free:
| Yes |
VIP Account:
| Not |
Spread type:
| Floating |
Decimal places:
| 5 characters |
Margin Call:
| 100 % |
Locked Margin level:
| 25 % |
Commission:
| 15/mio |
Interest rate:
| 10 % per year |
Phone trading:
| Not |
Minimum Deposit : | 100 $ |
Deposit currency : |
USD - US Dollar EUR - Euro |
Trading instruments:
| Forex1:200
Number of currency pairs: 50
CFD's1:20 Amount of assets : 8700
Cryptocurrencies
Stock exchange
Entry to stock exchanges
|
Stop Out:
| 20 % |
Minimum position size:
| 0.01 лотов |
Maximum position size:
| 100 лотов |
Execution type:
| Market Execution |
Swap Free:
| Yes |
VIP Account:
| Not |
Spread type:
| Floating |
Decimal places:
| 5 characters |
Margin Call:
| 100 % |
Commission:
| 15$/mio; Crypto 0.3%; 0.02 USD per stock |
Phone trading:
| Not |
Monitoring of RoboForex's ECN account
RoboForex spreads All spreads RoboForex
EUR/USD | GBP/USD | USD/CHF | USD/CAD | USD/JPY | AUD/USD | NZD/USD | EUR/AUD | |
Live spread | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Average spread for the past 30 days Average spreadInterval: | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
RoboForex quotes All quotes RoboForex
EUR/USD | GBP/USD | USD/CHF | USD/CAD | USD/JPY | AUD/USD | NZD/USD | EUR/AUD | |
Ask | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Offers | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
RoboForex swaps All swaps RoboForex
EUR/USD | GBP/USD | USD/CHF | USD/CAD | USD/JPY | AUD/USD | NZD/USD | EUR/AUD | |
Long | -8 | -13 | -0.5 | -1 | 7 | -3.7 | -2 | -14 |
Short | -0.5 | 2.8 | -9 | -4 | -16 | -1.4 | -1 | 1.2 |
Contacts of RoboForex
Recent customer reviews of RoboForex
Advantages: Low spreads Excellent technical support Convenient trading tools
Disadvantages: No cons
Comment: The broker offers competitive spreads and leverage, which allows traders to maximize their profits. In addition, it provides 24/7 customer support to ensure that all questions are answered promptly. In addition, they offer advanced trading tools such as charting and analysis software that help traders make informed decisions.
Advantages: Order execution is pretty fast Low deposit even for novice traders
Disadvantages: There are fees on withdrawal
Comment: I chose this broker after a while of looking for a reliable platform, and I can't say that I regret this decision because overall experience is pretty good. At first, I didn't even notice that there were fees on withdrawal, and that's one of the biggest drawbacks because there are brokers that don't have such fees. But in general, this broker is pretty good for novice traders, you just need to learn more about the conditions.
Dear Dennis Myers, Our client has an opportunity to withdraw funds from their Members Area twice a month without paying any commissions. You can read in detail here: https://roboforex.com/clients/funds/free-withdrawal/ If you need further assistance, kindly write to our Support Service. Sincerely, RoboForex
Advantages: NDD
Disadvantages: NDD
Comment: I am confused are you ECN broker or NDD?
Dear wawe, ECN trading with RoboForex is an opportunity for traders who want to perform trades on the best possible trading conditions. The main differences between advanced ECN and standard accounts are tight spreads, from 0 pips, and the commission for performed forex transactions, which depends on their volume. Several types of assets are available for ECN trading, such as currency pairs, metals, and other instruments popular with traders. You can trade with the high speed of order execution through MetaTrader 4/5 and cTrader platforms. Complete information about trading on ECN can be found in "Trading accounts" section - https://roboforex.com/forex-trading/trading/trading-accounts/. If need further assistance, you are free to write back to our Support. Sincerely, RoboForex
RoboForex news & press-releases
All news RoboForex11.01.2023 / 09:40Dear Clients and Partners,We are informing you that changes will be made to the trading schedule due to the Martin Luther King Jr. Day in the US.This schedule is for informational purposes only and may be su ...
Read more20.12.2022 / 08:00Dear Clients and Partners,We are informing you that there will be some changes to the trading schedule during the Christmas and New Year holidays.This schedule is for informational purposes only and may be s ...
Read more18.11.2022 / 10:30Dear Clients and Partners,We are informing you that changes will be made to the trading schedule due to the Thanksgiving holiday in the US.This schedule is for informational purposes only and may be subject ...
Read moreRoboForex analisis & forecasts
All analysis RoboForex30.01.2023XAUUSD, “Gold vs US Dollar”At the support level, the pair has formed a Hammer reversal pattern. The instrument is now going by the signal in an ascending wave. The goal of the growth might be 1955.00. Upon testing t ...
Read more30.01.2023EURUSD, “Euro vs US Dollar”The currency pair has completed a wave of decline to 1.0837. Today the market is correcting to 1.0883. After the correction is over, a decline to 1.0810 will become possible. Then a consol ...
Read more30.01.2023AUDUSD, “Australian Dollar vs US Dollar”AUDUSD is testing the signal lines of the indicator. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the upper border of the Cloud at 0. ...
Read moreRoboForex bonuses, contests and promotions
All bonuses, promotions, contests RoboForex
International Forex broker RoboForex welcomes new clients with a $30 bonus credit! If you’re looking to kickstart your career in trading curren ...
participate
Join RoboForex’s Demo Forex contest for a chance to win up to $700! Show your competitive spirit and beat other participants to be the best tra ...
participate
As part of its efforts to reward its loyal clients, RoboForex is happy to share that it conducts a weekly demo contest. Beat other traders and ...
participate