RoboForex Review
Updated: 19 Jan, 2025 - www.globalforexinfo.comRoboForex, established in 2009, is a forex and CFD broker offering a wide range of trading instruments and platforms. The broker provides access to over 8,400 tradeable symbols, including forex, stocks, indices, commodities, and cryptocurrencies.
Brokers Highlights
| Brokers Name | RoboForex |
|---|---|
| Trading Desk | ECN |
| Year Founded | 2009 |
| Headquarters | Belize |
| Regulation | FSC |
| US Clients | NO |
| 247 Support | ✔️ |
| Support Email | support@roboforex.com |
| Telephone | +65 3158 8389 |
| Address | 2118 Guava Street, Belama Phase 1, Belize City, Belize |
| Languages | English |
Accounts Details
| Commission | 0 |
|---|---|
| Accounts | Cent. Prime, R StocksTrader, ProCent, Pro |
| Min. Deposit | 10 |
| Currencies | USD, EUR |
| Execution | Market Еxecution |
| Leverage | 1:1000 |
| Spreads | 0.01 pips |
| Trade Size | 0.01 |
| Instruments | Commodities, Stock CFDs, ETFs, Forex, Indices, Metals |
| Demo Trading | ✔️ |
| Swap-Free | ✔️ |
| CopyTrading | ✔️ |
| Crypto Trading | ✔️ |
Platforms
| Platform | MT4/MT5, Webtrader |
|---|---|
| Mobile Trading | ✔️ |
| Web Trading | ✔️ |
| Affiliate | ✔️ |
Funding
| Deposit | Bitcoin, Credit Card, Skrill Neteller, bank transfer, Wire transfers & More |
|---|---|
| Withdrawal | Bitcoin, Credit Card, Skrill Neteller, bank transfer, Wire transfers & More |
Pros |
Cons |
|---|---|
|
Wide range of trading instruments. |
Higher spreads on certain account types. |
RoboForex Ltd is regulated by the International Financial Services Commission (IFSC) of Belize. Additionally, the company holds a civil liability insurance program with a limit of €2.5 million, covering omissions, fraud, errors, negligence, and other risks that may lead to financial losses.
Clients can choose from several trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the proprietary R StocksTrader platform. These platforms support algorithmic trading and are available on both desktop and mobile devices.
RoboForex offers various account types to cater to different trading styles and experience levels. However, it's noted that average spreads are higher on the Procent and Pro accounts.
RoboForex offers a diverse selection of trading instruments and platforms suitable for various traders. However, potential clients should be aware of the mixed user feedback and consider their individual trading needs and risk tolerance before engaging with the broker.
