Pros
  • Extremely low trading fees
  • Very high security of funds
  • Good choice of trading platforms
Cons
  • Slow execution speeds
  • No webinars

Reviewed: Roboforex

Established in: 2009

Operated by RoboForex Ltd

Location: Belize

Regulation: FSC Belize (Financial Services Commission)

Trading Instruments: Stocks, ETFs, Metals, Indices, Currencies

USA traders: not allowed

RoboForex Trading Benefits

  • No limits in providing outstanding benefits to RoboForex clients.
  • Tight spreads from 0 pips
  • Fastest order execution
  • 6 account currencies 
  • (EUR, USD, CNY, RUB, BTC, GOLD)
  • Micro accounts with theminimum lot size of 0.01
  • 8 asset classes

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 Fund pays compensations up to 20,000 USD to the traders, who work with brokers registered in the Commission.

Segregated accounts

RoboForex keeps the Company’s funds separately from its clients’ funds, thus guaranteeing that they are safe and secure from any unlawful use.

Trading Conditions

Minimum lot size: 0.01

Maximum leverage: 1:2000

Spreads: fixed

Spreads on majors: 2

Scalping: allowed

Expert Advisors: allowed

Hedging: allowed

Trailing stop: yes

Pending orders: yes

One click trading: yes

ECN broker: yes

Margin call level: 40%

Stop out level: 10%

Demo account: available for 90 days from the moment of registration

MAM account: yes

Negative balance protection: yes

Islamic account (swap free): available with per lot commission of up to $20

Account base currency: EUR, Rouble, USD, Chinese Yuan

Currency pairs: 43

Account Types

Prime

Trading account type with the best conditions available at the company. It is suitable for both currency and other types of markets.

  • Trading platforms and terminals
  • Trading instruments 28 currency pairs, Metals, CFD on US stocks, CFD on Indices, CFD on Oil, CFDs on Futures
  • Minimum deposit 10 USD / 10 EUR
  • SpreadFloating from 0 pips
  • Maximum leverage 1:300
  • Deposit bonuses Not available
  • Loyalty bonuses All offers

ECN

The choice of experienced traders, which combines the highest order execution speed and competitive trading conditions.

  • Trading platforms and terminals
  • Trading instruments 36 currency pairs, Metals, CFD on US stocks, CFD on Indices, CFD on Oil, CFDs on Futures
  • Minimum deposit 10 USD / 10 EUR
  • SpreadFloating from 0 pips
  • Maximum leverage 1:500
  • Deposit bonuses Not available
  • Loyalty bonuses All offers

R StocksTrader

A specific account type for trading through the R StocksTrader web platform and mobile app of the same name.

  • Trading platforms and terminals
  • Trading instruments More than 12,000: Indices, Real stocks, CFD on stocks, Currencies and ETF, CFDs on Oil, CFDs on Metals, CFDs on Futures
  • Minimum deposit 100 USD
  • Spreadfrom 0.01 USD
  • Maximum leverage 1:500
  • Deposit bonuses Not available
  • Loyalty bonuses Not available

ProCent

An account type for testing strategies and EAs, as well as smooth transitioning from a demo account to real trading.

  • Trading platforms and terminals
  • Trading instruments 36 currency pairs, Metals
  • Minimum deposit 10 USD / 10 EUR
  • SpreadFloating from 1.3 pips
  • Maximum leverage 1:2000
  • Deposit bonuses All offers

Pro

The most popular trading account type with beginners. It helps to “flow into” real currency and CFD trading quickly.

  • Trading platforms and terminals
  • Trading instruments 36 currency pairs, Metals, CFD on US stocks, CFD on Indices, CFD on Oil, CFDs on Futures
  • Minimum deposit 10 USD / 10 EUR
  • SpreadFloating from 1.3 pips
  • Maximum leverage 1:2000
  • Deposit bonuses All offers
  • Loyalty bonuses All offers

Trading Platforms

Web platform R StocksTrader

Access to all global markets from a single account.

Multi-asset terminal R StocksTrader combines cutting-edge technologies and a classic design taken to a completely new level. No more unnecessary software and updates – get access to all global financial markets via a web terminal in a familiar web browser.

  • Convenient and easy-to-use
  • Initial deposit is 100 USD
  • Stocks leverage is up to 1:20
  • “Advanced” watchlists

RoboForex terminals – Perfect solution for mobile traders

Web terminal R WebTrader and mobile application MobileTrader are the Company’s proprietary solutions which offer traders a lot of benefits. Trade on your MT4 accounts with comfort from anywhere in the world on any mobile device using only the most advanced tools:

  • 13 technical indicators
  • 9 tools for graphic analysis
  • Convenient account management
  • Analytics from RoboForex experts
  • Absolutely free

MetaTrader 4

One of the most popular platforms on the currency market

MetaTrader 4 classic terminal is still an unquestionable leader among retail traders. It has all features and tools that are necessary for both beginners and experienced traders of the financial market. Moreover, the terminal includes embedded functionality and opportunities, which are typical only for MQL platforms.

  • 3 types of order execution
  • 50 ready-to-use indicators for technical analysis
  • Basic tools for graphic analysis
  • Opportunity to program your own trading robot

MetaTrader 5

Choose MT5 – one of the best and most advanced terminals on the market

MetaTrader 5 (MT5) trading terminal combines advanced technologies of order execution and distributed computations for implementing the most ambitious trading ideas. MetaTrader 5 is one of the most advanced platforms for creating and testing trading robots and strategies. If you value speed and reliability while working with trading robots, and want to use the most up-to-date modern technologies, then MetaTrader 5 platform is the best choice for you.

  • 4 types of order execution
  • Multi-currency tester
  • Market depth
  • 6 types of pending orders

RoboForex Bonus Programs

RoboForex provides for its clients best promotional offers on financial markets.

Welcome Bonus 30 USD

  • Initial fundsfor new clients of the Company, who verified their personal information.
  • Withdraw the profitfrom trading using both your own and extra funds.
  • No restrictionsWelcome Bonus funds aren’t written off from your account even during “drawdown”.

How to receive Welcome Bonus

  • Open an accountBonus funds are available for cent and standard MT4/MT5-based accounts with USD or EUR as a base currency.
  • Verify your accountPass the simple verification procedure of your identity, address, and phone number in your Members Area.
  • Deposit funds to your accountDeposit at least 10 USD to your account via a bank card*.

Payment Methods at RoboForex Broker

Payment options: credit cards, QIWI wallet, webmoney, Yandex.money, RBK money, Skrill, FasaPay, CashU, Payoneer, China UnionPay, Neteller, Perfect Money, Bitcoin

Minimum deposit: $10

Customer Assistance

Customer support: email, online chat, phone, skype, web form 

How was the rating of RoboForex performed compared to other brokers? 

This 2023 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on RoboForex FX broker performance and features. 

Overall our online RoboForex review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online RoboForex or you find inaccurate details RoboForex Capital broker review please get in touch with us and the changes will be applied. 

RoboForex Details

Maximum Leverage:
Account Options:
Languages:
Trading Instruments:
Minimum Deposit:
Representative Offices:

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Regulation: Financial Conduct Authority UK (FCA), Financial Services Commission of Mauritius FSC, Financial Services Authority of Labuan LFSA, Financial Services Authority of Saint Vincent and the Grenadines SVGFSA, Financial Sector Conduct Authority (FSCA) of South Africa

Regulation: FSA is the financial services regulator in Seychelles

Regulation: Financial Conduct Authority FCA UK, Cyprus Securities and Exchange Commission Cysec, Cayman Islands Monetary Authority CIMA, Dubai Financial Services Authority DFSA, Saint Vincent and the Grenadines VGFSA

Regulation:  Republic of Seychelles, Financial Conduct Authority (FCA) UK

Regulation: FSC Financial Services Commission of the Republic of Mauritius

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