RoboForex Review 2022 – Pros and Cons

RoboForex is a broker founded in 2009. It provides services to financial markets in 169 countries. More than 3,5 million users are RoboForex customers. RoboForex is the leading software developer in the Forex industry.

RoboForex is a broker founded in 2009. It provides services to financial markets in 169 countries. More than 3,5 million users are RoboForex customers. RoboForex is the leading software developer in the industry Forex .

RoboForex is recognized as a trusted partner by the most respected experts in the financial market. The company has won several prestigious awards. The RoboForex group of companies has an international license to provide services from FSC Belize and a European license from CySEC (license no. 191/13 Robomarkets Ltd).

RoboForex Summary

💰 Account Currency: USD, EUR, Gold
🚀 Minimum deposit: From $10
⚖️ Leverage: 1:2000
💱 Spread: 0 pips
🔧 Instruments: Forex, stocks, indices, ETFs, energy commodities, metals, etc.
💹 Call/Stop Margin: 40% / 10% — 60% / 40%

Advantages of trading with RoboForex:

  • Availability of favorable trading conditions and a minimum deposit
  • CopyFx exclusive investment program
  • Market launch — STP and ECN
  • Instant withdrawal of funds

Disadvantages of RoboForex:

  • A small number of currency pairs — 36, for accounts: Pro, Pro-Cent, ECN, Prime
  • Lack of cryptocurrency tools when trading on the R Trader platform
RoboForex is a broker founded in 2009. It provides services to financial markets in 169 countries. More than 3,5 million users are RoboForex customers. RoboForex is the leading software developer in the Forex industry.

General

The company is recommended for both beginners and experienced traders and investors.

I started working on Forex with RoboForex and I continue to work only with this broker. Everything I got on the foreign exchange market, I owe it to RoboForex. Educational courses, webinars and educational literature were available to me 24 hours a day on the company website. I was helped by trader contests which were held by the broker and by trading on their demo account without risk of losing capital to gain my trading experience. Now I trade by copying successful traders' trades, profiting from it and embracing their experience. I intend to start trading on my own soon and I am sure it will be easy for me to succeed with RoboForex.
Victor, Investor
For me, RoboForex is one of the few brokers that runs smoothly. Trading is already a challenging and hectic activity without having to worry about the safety of your investments. I started working with RoboForex in early spring. All reviews are positive. Everything will suit you, especially the quick withdrawal of profits. Additional payments from the Merchants' Union to this broker are also encouraging. In general, I advise this broker to everyone.
Gabriel, Self-employed
My ratings on RoboForex are four stars. I appreciate it as a professional trader. This might be one of the best brokers on the market for beginners. Everything is simple and straightforward. But if you systemically trade large volumes and make hundreds of transactions a day, then I would advise you to work through some European bank. Even so, the closer to high liquidity, the better. I scalp, so some subtleties are important to me. But if you are taking your first steps in trading or becoming a passive investor, RoboForex is a great option for you.
Paulo Guiller, Economist

RoboForex review: our opinion

Over the years, this broker has proven to be a reliable partner. RoboForex offers clients the best conditions: tight spreads from 0 pips, the highest execution speed and micro-accounts with a lot of 0,01.

Positive feedback from real traders about RoboForex, instant withdrawal of funds and operational support are what impresses me about this broker.

The broker offers quality services for both beginners and experienced traders.

Over the years of cooperation with RoboForex, the broker has not received any significant complaints.

All financial issues and complaints about the broker's work are resolved by the company's representatives as quickly as possible and in minimum time. RoboForex always serves its clients and partners.

Recommends this company as a reliable broker with a high trust rating, which has repeatedly made our list of Best Forex Brokers.

Main features of RoboForex broker

RoboForex is a broker founded in 2009. It provides services to financial markets in 169 countries. More than 3,5 million users are RoboForex customers. RoboForex is the leading software developer in the Forex industry.

Up to 120%
of Bonus

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*Your capital may be at risk
Investing in Forex, CFD and FX options involves substantial risk of loss and is not suitable for all investors.
General evaluation
Execution of orders
investment instruments
withdrawal speed
customer support work
Variety of instruments
Trading platform

RoboForex broker products

RoboForex is the ideal broker for anyone who wants to invest their money in the Forex market. This company has what it takes to earn a steady income — from professional reviews to technical features and great trading conditions.

It is especially worth noting their investment program like RoboForex CopyFx which allows you to earn passive income without doing anything.

RoboForex CopyFx is a service to copy trades

RoboForex CopyFx is a passive investment option that involves connecting an investor's account to a professional trader's account and then copying their trades.

In this case, all trades of the trader are automatically opened in the investor's account. A specific trader's commission is deducted from the investor's profit in the event of a successful transaction. The entire service is fully automated which minimizes your work to almost 0%.

The minimum deposit is just $100, so everyone can test the service. Having started working, the investor has access to the ratings of professional traders, which indicate the period of existence, profitability, maximum level of drawdown and other statistics.

Furthermore, the investor can contact the trader directly.

An investor can connect to an unlimited number of traders as long as his deposit can support such a load.

An investor can disconnect from a trader at any time if they don't like something about their trading methods.

It is a serious tool to protect a RoboForex deposit, which not all companies provide.

Separately, it should be noted that anyone can simultaneously act as an investor and trader.

All statistics on the effectiveness of copy transactions are displayed in the account.

To become a trader and attract investors, simply register and start trading. Your account will automatically start appearing among the rankings, and the higher the income, the higher it will be placed.

Trading conditions for RoboForex users

RoboForex's bonus programs are the company's strengths. Traders receive a 120% bonus for replenishing their deposit.

In the Cashback program, market participants registered with an exchange receive a 15% refund of earnings.

The Pro's minimum deposit is $10, the spread is 1,3 pips and the minimum lot is 0,01. You can trade 36 currency pairs, metals and CFDs on this account type.

For trading, RoboForex has available the following applications: MetaTrader 4, MetaTrader 5, CTrader and RTrader, as well as its web terminal, in which you can work on real and demo accounts.

Clients registered with RoboForex trade with leverage of 1:2000. This parameter is appreciated by experienced traders and amateurs of aggressive trading.

Multilingual support helps market participants resolve their urgent issues 24/7.

💻 Trading platform: MetaTrader 4, MetaTrader 5, CTrader, RWebTrader, RMobileTrader, RTrader
📊 Accounts: ProCent, Pro, ECN, Prime, Pro Affiliate, ECN Affiliate, Cent Affiliate, Demo
💰 Account Currency: USD, EUR, Gold
💵 Deposit / Withdrawal: SEPA, Bank Transfer, Skrill, Neteller, AdvCash, Perfect Money, Visa/Mastercard/JCB
🚀 Minimum deposit: $ 10
⚖️ Leverage: 1:2000
💼 PAMM-Accounts: No
📈️ My order: 0,01-100
💱 Spread: 0 pips
🔧 Instruments: Forex, stocks, indices, ETFs, groceries, energy commodities, metals
💹 Call/Stop Margin: 40% / 10% - 60% / 40%
🏛 Liquidity provider: n / a
📱 Mobile Trading: Yes
📋 Execution of orders: market execution
⭐ Trading Features: Negative balance protection. No swaps on Islamic accounts, a nice affiliate program: each market participant gets up to 20% loyalty; One-click trading;
🎁 Contests and bonuses: Welcome Bonus, Profit Sharing Bonus, Classic Bonus

RoboForex commissions and fees

RoboForex is a broker founded in 2009. It provides services to financial markets in 169 countries. More than 3,5 million users are RoboForex customers. RoboForex is the leading software developer in the Forex industry.

We check this company for commercial and non-commercial commissions. In the trading commission category, the broker's spread was considered, and as a non-trading commission, it charges an additional fee for withdrawing funds.

 

Account Type Spread (minimum amount) withdrawal commission
Pro $ 13 No
Pro-Cent $ 13 No
ECN $3 No
Premium $2 No
R Trader $ 1.5 No

 

Conclusion

There is no non-trading commission for withdrawing funds from the company, and for all account types except the R Trader platform, additional fees of up to 10% are charged on the free balance.

RoboForex Detailed Review

The company is responsible for fulfilling its tasks, offering its clients: the latest trading products, exclusive developments in data transmission and trading functionality.

The company's regulator is the IFCS (Belize). Furthermore, RoboForex is a member of The Financial Commission with a guaranteed compensation fund of 20.000 euros, which guarantees reliability for a trader.

RoboForex is the best broker for a novice trader

RoboForex is one of the best brokers for novice traders. Practice shows that newcomers choose this company mainly for its reliability and comfortable trading conditions.

The minimum deposit at RoboForex is just $10. It's a small amount, but it's enough to understand the specifics of trading and understand how the Forex market generally works.

Orders from RoboForex clients are immediately brought to the international market, working according to the “A-Book” principle, excluding a possible conflict of interest with the broker in the system itself.

Another competitive advantage of the RoboForex broker is its innovative liquidity aggregation technology.

It is also worth noting that RoboForex uses direct market order entry — STP, ECN.

Advanced technologies to bring customer transactions to international platforms allowed the company to achieve excellent results in order execution speed (90 – 100 ms) with an average value of this parameter elsewhere in the market is 500 ms.

In general, there are no negative comments about processing speed on RoboForex.
Advantages:

  • Narrow spread of 0 pips. The broker has the opportunity to offer such favorable conditions due to direct access to liquidity providers on ECN systems.
  • Instant execution of market orders. Trader orders are instantly sent to the Forex market. There are no delays on the broker's servers or platform.
  • There is no commission for withdrawing money and replenishing the account. There are no restrictions on the number of withdrawals or the frequency of withdrawals. You leave a request and it will be completed as soon as possible.
  • There are no trading restrictions. There is no limit and duration of open trades, and the use of hedging and blocking is allowed. In addition, any number and any type of Specialized Consultants (EAs) can be used.
  • There is a one-click trading function
  • There is a free builder of Specialized Consultants (EAs) that do not require programming knowledge
  • Leverage is one of the highest possible in the industry (up to 1:2000)
  • Negative balance protection is provided (gap protection)

How to start profiting on RoboForex

RoboForex offers several types of accounts to choose from. Standard options are EUR, USD, RUB, and you can also choose a non-standard option such as gold.

Working with a gold deposit, a trader earns not only from trading, but also from changes in gold quotes, a protective asset.

To start working with RoboForex, you need to open an account.

Account Type
Description
PRO Classic accounts for beginners and professionals are suitable for small volume trading.
Pro-Cent Cent accounts with spreads of 1,3 pips are ideal for testing strategies and trading advisors. Top up your account with $10 and you can open positions of 1000 basic units.
ECN ECN (Electronic Communications Networks) is a professional trading account with zero spreads and maximum liquidity. This is suitable for trading large amounts.
Premium This is a new account type developed by the broker's experts for experienced traders. The account combines the best features of ECN accounts, which are: $10 minimum deposit; spreads from 0 pips; and popular trading instruments like 28 currency pairs, metals, CFDs.

To trade on RoboForex, both classic MT4 and MT5 platforms and a web browser platform and mobile versions including C Trader and R Trader are provided.

For a more comfortable start, the broker offers several bonus programs at once.

Although bonuses accumulated on deposit cannot be withdrawn, they can be used in trading.

And the money already earned in bonuses can be withdrawn without any problems.

Bonuses paid by the broker

RoboForex Profit Sharing

This type of bonus can go up to $20.000, which can be used during a drawdown.

RoboForex Profit Sharing

Welcome bonus of up to $30.

Startup funds for newly verified broker clients.

Welcome bonus on the RoboForex website

Classic bonus.

The bonus can be up to 120% of the deposit balance. This is accumulated when the deposit is replenished..

Classic bonus.

RoboForex Refund.

As part of this bonus, the company shares its profit with each client — the greater the trading volume, the greater the compensation for the spread. To get a discount from 5% of the spread, you need to spend at least ten lots per month.

Loyalty program.

Each RoboForex trader can receive up to 10% of their total account balance in the form of charges to an account with the possibility of withdrawing.

Loyalty program.

Online investment education

RoboForex is a broker founded in 2009. It provides services to financial markets in 169 countries. More than 3,5 million users are RoboForex customers. RoboForex is the leading software developer in the Forex industry.

A large training section has been created on the RoboForex website. Every trader will receive the information needed for successful trading - from Forex market basics to analysis, trading strategy analysis, advisors and indicators.

Information available in the Analysis and Education section Information not available on the RoboForex website
Free video course on the basics of Forex , technical and fundamental analysis, trading psychology, etc. Detailed theory on each issue. The broker focuses on practice
How to open a trading account
How to start trading Forex
How to trade NASDAQ and NYSE stocks

The company's experts recommend opening a demo account (practice) and educating yourself by obtaining and later applying theoretical knowledge, in practice, trading on the demo account, thus combining theory and practice.

Thus, you will gain valuable experience and the necessary skills to work on a real account.

Security (protection for investors)

RoboForex is a broker founded in 2009. It provides services to financial markets in 169 countries. More than 3,5 million users are RoboForex customers. RoboForex is the leading software developer in the Forex industry.

RoboForex is regulated by the International Financial Services Commission — IFSC Belize (license 000138/107).

IFSC Belize Regulator is an international financial institution. The commission sets stringent requirements for all of its members, and only companies that meet the requirements of the regulator's standards and meet all of its requirements are licensed by the organization.

Thus, RoboForex carries out financial activities under its regulations and its requirements, which provide traders with clearly defined rights and obligations and thus safely protect their monetary assets.

Advantages:

  • Clear regulations for trading operations
  • Governs the relationship between a broker and a trader
  • Ability to file claims in the event of a dispute

Disadvantages:

  • A large number of regulatory documents, which must be studied before starting cooperation with RoboForex

Withdrawal options and fees

RoboForex makes instant withdrawals without commission. RoboForex does not impose a commission on its other services.

Withdrawal options and fees

  • Eight electronic payment systems are available for withdrawals at RoboForex: WebMoney, Skrill, Neteller, AdvCash, Perfect Money, as well as VISA and Mastercard bank cards.
  • All withdrawal requests are processed by RoboForex back office instantly. Receiving funds can take from 1 minute to 1 day when withdrawing to EPS and 10 to XNUMX days when withdrawing to bank cards.
  • Withdrawal of funds on RoboForex is available in these currencies: USD, EUR, GBP.
  • Withdrawal to RoboForex is available from a penny and for verified clients.

Customer services

RoboForex is a broker founded in 2009. It provides services to financial markets in 169 countries. More than 3,5 million users are RoboForex customers. RoboForex is the leading software developer in the Forex industry.

RoboForex customer support works 24/7 and the company's experts are ready to answer their customers' questions in 11 languages.

Advantages:

  • Multilingual support
  • Available 24/7
  • Online chat
  • Ticket system when using your personal account
  • “Callback” service is available

Disadvantages of RoboForex:

  • Response speed can be improved

Clients can contact RoboForex experts in several ways:

  • By phone numbers as indicated on the website
  • By email — depending on the department needed
  • Online chat on the website
  • Through the ticket service
  • call back service
  • Filling in a feedback form

Contact us

registration address 2118 Guava Street, Belama Phase 1, Belize City, Belize
Regulation
Official site
Contact us

RoboForex Personal Cabinet Review

To make your work with RoboForex easier and to feel comfortable using their terminal, we will give you step-by-step instructions to log into the broker's account and give you an online tour of their platform.

RoboForex is a broker founded in 2009. It provides services to financial markets in 169 countries. More than 3,5 million users are RoboForex customers. RoboForex is the leading software developer in the Forex industry.

Authorization on the site must be carried out by entering the registered email and password and confirming the login.

RoboForex is a broker founded in 2009. It provides services to financial markets in 169 countries. More than 3,5 million users are RoboForex customers. RoboForex is the leading software developer in the Forex industry.

In your personal RoboForex account, you will have access to the main sections that allow you to:

1. Open a trading account and fund it:

RoboForex is a broker founded in 2009. It provides services to financial markets in 169 countries. More than 3,5 million users are RoboForex customers. RoboForex is the leading software developer in the Forex industry.

2. Download the trading platform:

RoboForex is a broker founded in 2009. It provides services to financial markets in 169 countries. More than 3,5 million users are RoboForex customers. RoboForex is the leading software developer in the Forex industry.
3. Take advantage of the broker's bonuses:

RoboForex is a broker founded in 2009. It provides services to financial markets in 169 countries. More than 3,5 million users are RoboForex customers. RoboForex is the leading software developer in the Forex industry.

4. Participate in the broker's investment programs:

RoboForex is a broker founded in 2009. It provides services to financial markets in 169 countries. More than 3,5 million users are RoboForex customers. RoboForex is the leading software developer in the Forex industry.

5. Make a withdrawal:

RoboForex is a broker founded in 2009. It provides services to financial markets in 169 countries. More than 3,5 million users are RoboForex customers. RoboForex is the leading software developer in the Forex industry.

Also, in your account on the RoboForex website, you will find:

  • New analyses;
  • Valuable educational information;
  • Access to view the account's transaction history;
  • Up-to-date quotes for trading instruments and an account verification section;
  • And you can also get professional advice from RoboForex support service.

Summary about RoboForex

RoboForex review demonstrates a well-regulated broker with wide selection of technological solutions.

There are good platforms and a variety of assets and accounts with several options, whether through robotic systems or investment, in addition to enhancing trading by the power of the developed tools.

RoboForex is a broker founded in 2009. It provides services to financial markets in 169 countries. More than 3,5 million users are RoboForex customers. RoboForex is the leading software developer in the Forex industry.ROBOFOREX FAQs

 

Can I try to trade on Roboforex?
Roboforex offers a demo account so you can try out the Roboforex platform with virtual trading before making a payment. Virtual trading with Roboforex is zero risk.
What financing methods does Roboforex accept?
Roboforex offers the following payment methods: Credit Cards, VISA, Master Card, JCB, Debit Cards. Bank transfer, eWallets, Neteller, Skrill, Perfect Money, AdvCash, Bitcoin, WebMoney, BPAY, China UnionPay, FasaPay, CashU, QIWI, Yandex Money, WeChat Pay, ecoPayZ, AstroPay, Sofort, Giropay, Poli, WePay , iDEAL, Payoneer, among other payment methods.
Is Roboforex safe?
Roboforex is regulated and safe. Any payments funded into Roboforex accounts by traders are held in a segregated bank account. For added security, Roboforex uses tier 1 banks for this.
Is Roboforex a reliable broker?
Roboforex can be considered reliable. All money funded to Roboforex is placed in a segregated bank account. this means your money is not directly on Roboforex. The broker does not have direct access to your funds, so they cannot misappropriate your money.
How long do Roboforex withdrawals take?
Processing time varies depending on the method, but averages 2-5 days.
Is Roboforex a Scam?
Roboforex is regulated and well established, having been in the market for over 13 years. Roboforex is definitely not a scam.
Can you make money with Roboforex?
Although traders have had great success with Roboforex. Trading the financial markets with Roboforex is not a get rich scheme. If you educate yourself, practice with a demo account, and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Losses can exceed deposits.
Does Roboforex have fees?
Roboforex withdrawal fees vary depending on the payment method. Roboforex does not charge inactivity fees. Roboforex does not charge any deposit fees.
When was Roboforex founded?
Roboforex was founded in 2009.
Does Roboforex offer guaranteed stop loss?
Roboforex does not offer a stop loss guarantee. With guaranteed stop loss protection, stop loss risk is managed. Traders are guaranteed to close their trade at their specified price. Stop loss orders are only guaranteed during market hours and under normal trading conditions.
Does Roboforex Allow Scalping?
Yes.
Does Roboforex allow hedging?
Yes.
Does Roboforex offer CFD trading?
Yes.

 

 

5 / 5 - (2 votes)

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