RoboForex Review

RoboForex is a reliable broker known for its competitive spreads on Contracts for Difference (CFDs). With over 12,000 trading instruments available it stands out in the industry. Additionally, RoboForex is fully regulated by the Financial Services Commission.

🛡️Regulated and trusted by FSC.
🛡️1408 new traders chose this broker in the last 90 days.
🛡️Available for global Traders.

Overview

RoboForex, founded in 2009, is a global financial brokerage firm providing a comprehensive range of trading services. The company is regulated by the Financial Services Commission (FSC) under license No. 000138/32 and is also a member of The Financial Commission.

Offering over 12,000 trading instruments across eight asset classes—including stocks, commodities, metals, currencies, and CFDs—RoboForex serves both retail and institutional clients. The firm is recognized for delivering excellent trading conditions, innovative platforms, and a variety of investment products, such as its proprietary copy trading system, CopyFX.

Throughout the years, RoboForex has garnered industry recognition, winning several prestigious awards, including Best Partner Program, Best Mobile Trading App, and Best Trading Conditions.

Frequently Asked Questions

What types of accounts can I open with RoboForex?

RoboForex provides a range of account types to cater to different trading preferences and experience levels. Options include cent accounts for beginners, ECN accounts for advanced traders, Prime accounts for premium features, and specialized accounts for CFD trading on stocks, indices, and futures. Additionally, CopyFX enables participants to engage in copy trading.

How secure are my funds with RoboForex?

RoboForex prioritizes the security of client funds through various measures. The company is regulated by the FSC and participates in the Compensation Fund of The Financial Commission, offering protection of up to €20,000 per case. Additionally, RoboForex provides Civil Liability insurance with coverage up to EUR 2.5 million, ensuring further protection against fraud, errors, or negligence.

What trading platforms does RoboForex offer?

RoboForex offers a variety of trading platforms, including MetaTrader 4, MetaTrader 5, and proprietary platforms like R WebTrader, R MobileTrader, and R StocksTrader. These platforms support multiple asset classes, enabling traders to choose the one that best suits their needs and trading style.

How can I start copy trading with RoboForex?

To begin copy trading, you can use the CopyFX system, accessible through RoboForex’s trading platforms. After registering, you can select from a range of traders whose strategies you wish to copy. The CopyFX platform allows you to replicate the trades of successful traders, offering an opportunity for passive income.

Our Insights

RoboForex stands out as a reputable and flexible brokerage firm. With over a decade of experience in the financial industry, the company has built a strong reputation by offering a broad range of products and services to accommodate traders of all experience levels. Whether you’re a beginner seeking low-risk cent accounts or an experienced trader in need of advanced ECN conditions, RoboForex provides competitive features that cater to various trading needs.

Detailed Summary

Frequently Asked Questions

What are the trading fees?

RoboForex offers competitive spreads and commissions, which vary depending on the account type and the trading instruments used.

Is a demo account available?

Yes, RoboForex provides demo accounts, allowing users to practice trading without any financial risk.

How can I deposit funds into my account?

You can fund your RoboForex account through various methods, including bank transfers, credit/debit cards, and e-wallets such as Skrill and Neteller.

What withdrawal options are available?

Withdrawals can be made through the same methods as deposits, including bank transfers and e-wallets.

Our Insights

RoboForex is built on a strong regulatory foundation and places a high priority on client satisfaction. The company’s commitment to transparency, education, and providing advanced trading platforms ensures traders have the necessary tools and resources to succeed in the financial markets.

Safety and Security

Founded in 2009, RoboForex is a financial brokerage firm regulated by the Financial Services Commission (FSC) under license number 000138/32. The company is committed to safeguarding its clients’ funds through robust security measures, such as negative balance protection, membership in The Financial Commission’s Compensation Fund, and a Civil Liability insurance program.

RoboForex offers a wide range of trading services, ensuring a secure and dependable environment for both beginner and experienced traders.

Frequently Asked Questions

How are my funds protected at RoboForex?

RoboForex employs multiple security measures to protect client funds, including negative balance protection, membership in The Financial Commission’s Compensation Fund, and comprehensive Civil Liability insurance coverage.

Is RoboForex regulated?

Yes, RoboForex is regulated by the Financial Services Commission (FSC) under license number 000138/32, ensuring compliance with financial standards and transparency.

What is negative balance protection?

Negative balance protection ensures that if market conditions cause your account balance to go negative, RoboForex will automatically reset it to zero, so you won’t owe more than your initial deposit.

Does RoboForex offer two-factor authentication?

Yes, RoboForex provides two-factor authentication for enhanced security, protecting your account and personal information from unauthorized access.

Our Insights

RoboForex is a reliable and secure broker with a strong regulatory foundation and a proven track record since 2009. The company’s dedication to client security, including negative balance protection, its membership in The Financial Commission, and insurance coverage, makes it a trustworthy choice for traders seeking a safe trading environment.

With a focus on safeguarding client funds and offering advanced trading solutions, RoboForex continues to solidify its reputation as a leader in the financial brokerage industry.

Advantages over Competitors

Here are some key reasons to choose RoboForex over other brokers:

• Extensive Range of Trading Instruments
• Flexible Account Options
• High Leverage Availability
• In-Depth Educational Resources
• Exclusive Trading Platforms
• Strong Regulatory Oversight
• Regular Audits and Quality Control
• Participation in the Compensation Fund
• Responsive Customer Support
• Attractive Promotions and Bonuses

These benefits position RoboForex as a highly competitive choice in the financial brokerage market.

Frequently Asked Questions

What types of trading instruments does RoboForex offer?

RoboForex offers over 12,000 trading instruments across nine asset classes, including forex, stocks, indices, commodities, and cryptocurrencies.

What account types are available at RoboForex?

RoboForex offers a variety of account types, such as cent accounts, standard accounts, ECN accounts, and Prime accounts, catering to different trading preferences and experience levels.

How does RoboForex ensure the security of client funds?

RoboForex is regulated by the FSC in Belize and is a member of The Financial Commission, which includes a Compensation Fund that protects up to €20,000 per case.

What educational resources does RoboForex provide?

RoboForex offers a comprehensive range of educational resources, including webinars, tutorials, and articles, designed to help traders improve their skills and understanding of financial markets.

Our Insights

RoboForex stands out in the competitive brokerage market by offering a wide selection of trading instruments and flexible account types that meet the diverse needs of traders. With robust regulatory oversight, access to a Compensation Fund, and extensive educational resources, the company emphasizes client security and support.

These advantages, combined with responsive customer service, make RoboForex an appealing option for both novice and experienced traders.

Bonus Offers, Cashback Rebates, and Promotions

RoboForex offers a wide range of bonus promotions, cashback rebates, and incentives designed to enhance the trading experience for both new and existing clients. These promotions provide traders with opportunities to increase their earnings through rewards like the Welcome Bonus, Cashback Rebates, and VIP Client privileges.

Whether you’re just starting or looking to expand your trading potential, RoboForex provides several incentives to help you maximize your success in the markets.

Welcome Bonus

RoboForex offers enticing bonuses for new clients, including a 30 USD Welcome Bonus. This bonus is available to newly registered users who verify their account and deposit at least 10 USD. It can be used for trading on cent and standard accounts with USD or EUR as the base currency. There are no hidden fees or withdrawal restrictions on profits generated from both your deposit and the bonus.

Frequently Asked Questions

How can I receive the Welcome Bonus of 30 USD?

To receive the Welcome Bonus, simply open a cent or standard account with RoboForex, complete the identity verification process, and deposit a minimum of 10 USD using a MasterCard, Visa, or China UnionPay card.

Are there any account types eligible for the Welcome Bonus?

The Welcome Bonus is available to newly registered clients who open cent or standard accounts with USD or EUR as the base currency.

Can I withdraw the profits from the Welcome Bonus?

Yes, you can withdraw the profits earned using the bonus funds. There are no restrictions or hidden fees on withdrawals.

What deposit methods can I use to qualify for the Welcome Bonus?

To qualify for the Welcome Bonus, you must deposit at least 10 USD using MasterCard, Visa, or China UnionPay cards. Please note that virtual or prepaid cards are not accepted for deposits.

Our Insights

RoboForex’s 30 USD Welcome Bonus offers a fantastic opportunity for new traders to get started with little initial investment. The process is straightforward, with no hidden fees or withdrawal restrictions, making it a great way to explore trading on a trusted platform.

Cashback Rebates

RoboForex offers a Cashback (Rebates) program that lets traders earn extra income based on their monthly trading volume. This program is available for all account types, including Pro, ProCent, ECN, and Prime, on the popular MT4 and MT5 platforms.

The more you trade, the higher your monthly rebate payments will be. These rebates are not bonus funds and can be used freely, with no restrictions, offering added flexibility and profit potential. Rebate payments are made on the first day of each month, providing a reliable source of additional income.

Frequently Asked Questions

How do I receive cashback (rebates) on my trading?

To qualify for rebates, you need to open and verify your trading account, and trade at least 10 lots per month. Rebates are calculated based on the monthly trading volume of currency pairs and metals.

What account types are eligible for the Cashback (Rebates) program?

The Cashback program is available for all RoboForex account types, including Pro, ProCent, ECN, and Prime. Rebates are paid based on the trading volume of each account type.

Are there any restrictions on how I can use the cashback funds?

No, rebates are not considered bonus funds, so there are no restrictions on how you use them. You can use the funds however you wish, with no additional conditions.

When do I receive the cashback payment?

Rebates are paid on the first day of each month and appear as a balance operation in your account history with the note “Rebates.”

Our Insights

The RoboForex Cashback (Rebates) program is an excellent opportunity for traders to earn additional income based on their trading activity. With no restrictions on how the funds can be used and monthly payouts, it offers flexibility and a straightforward way to increase your earnings. Accessible to all account types and trading volumes, this program is a valuable feature for both beginner and experienced traders.

VIP Client

RoboForex’s VIP program offers exclusive benefits to traders who meet specific funding thresholds. By becoming a VIP client, traders can enjoy up to 40% additional cashback (rebates) on their trading activity, higher percentages on their account balances, and unrestricted access to a VPS server.

VIP clients also gain access to a personal VIP manager (available depending on regional availability), ensuring tailored support. VIP status is automatically granted once your account funds reach the required amount, with three VIP levels: Silver, Gold, and Platinum.

Frequently Asked Questions

How do I qualify for the VIP program?

To qualify for the VIP program, your total account funds must meet a certain threshold. VIP status is automatically granted once you meet the requirements, which can be achieved through various deposit methods.

What are the benefits of becoming a RoboForex VIP client?

VIP clients enjoy up to 40% additional cashback, higher percentages on account balances, unrestricted VPS server access, and a personal VIP manager for dedicated support (subject to regional limitations).

What are the different VIP levels and their requirements?

• Silver: Total funds between $3,000 and $30,000
• Gold: Total funds between $30,000 and $100,000
• Platinum: Total funds over $100,000

Each VIP level provides increasing benefits, including higher cashback percentages and additional support.

How is the additional cashback (rebates) calculated?

The additional cashback varies by VIP level:

• Silver: 20%
• Gold: 30%
• Platinum: 40%

These percentages are added to your regular rebate payments, based on your monthly trading volume.

Our Insights

RoboForex’s VIP program offers substantial benefits for traders with higher account balances. With additional cashback, better percentages on account balances, and personalized support, this program is perfect for serious traders looking to maximize their trading experience.

INFINITY Partner Program

RoboForex’s INFINITY Partner Program presents a great opportunity for individuals and businesses to earn commissions by promoting the broker’s services. Partners can earn up to 85% of commissions from spreads and 30% from swaps on a variety of popular trading instruments.

The program offers customizable payouts and flexible structures that can be tailored to suit the partner’s needs. Additionally, partners can expand their network and earn commissions from sub-partners, making it a profitable option for those looking to build a wider referral base.

For those seeking more personalized conditions, the Infinity Network offers exclusive features such as founder protection and enhanced earning opportunities.

Frequently Asked Questions

How do I become a partner in RoboForex’s INFINITY Program?

To become a partner, simply register and open a Partner account with RoboForex. Once your account is set up, you can start attracting clients using your referral link and earn commissions based on their trading activity.

What commission can I earn as a partner?

As a partner, you can earn up to 85% of the spread and 30% from the swap on various trading instruments. The actual commission depends on the instrument being traded, with different payouts for pairs like EURUSD, XAUUSD, and US30.

What is the Infinity Network and how does it benefit me?

The Infinity Network is an enhanced partner program that offers customizable payouts and flexible structures to meet your needs. It provides benefits like network founder protection, higher commission rates, and the ability to expand your network by earning commissions from your sub-partners.

Can I earn commissions from the CopyFX program as a partner?

Yes, by joining the CopyFX program, you can earn commissions both as a trader and a partner. Partners can attract investors to copy the strategies of successful traders and, in return, earn a portion of the trader’s commission.

Our Insights

RoboForex’s INFINITY Partner Program is an appealing option for anyone looking to earn commissions through referrals. With up to 85% payout on spreads and the ability to earn from swaps, partners have the potential to generate significant income.

The program’s flexibility, along with the ability to grow your network and earn from sub-partners, makes it an excellent choice for affiliate marketers in the forex industry. Whether you’re an influencer, algorithm developer, or a trading academy, this program provides tailored opportunities to boost your earnings.

Minimum Deposit and Account Types

RoboForex offers a wide range of trading account types to meet the needs of traders at all experience levels, from beginners to seasoned professionals. The minimum deposit for most accounts starts at just 10 USD or EUR, making it accessible to traders with various budget sizes.

The company provides flexible account options, including Pro, ProCent, ECN, and Prime accounts, each designed to suit different trading strategies and preferences. Additionally, RoboForex offers specialized accounts for stock trading, algorithmic testing, and more, ensuring traders can find an account that best suits their needs while benefiting from competitive spreads, high leverage, and a broad selection of trading instruments.

Frequently Asked Questions

What is the minimum deposit required to open a RoboForex account?

The minimum deposit for most RoboForex accounts is just 10 USD or EUR. However, the minimum deposit for the R StocksTrader account is 100 USD.

What account types does RoboForex offer?

RoboForex offers several account types, including Pro, ProCent, ECN, Prime, Pro for beginners, ProCent for testing strategies, and R StocksTrader for stock trading. Each account type comes with features tailored to different trading needs.

What is the maximum leverage available on RoboForex accounts?

RoboForex offers leverage of up to 1:2000, depending on the account type. The highest leverage is available on ProCent and Pro accounts.

Are there any bonuses available for RoboForex account holders?

While RoboForex does not offer deposit bonuses, traders can still take advantage of loyalty bonuses and other promotions, depending on the account type and current offers.

Our Insights

RoboForex provides a diverse range of account types to meet the specific needs of all traders. Whether you are a beginner looking for a straightforward Pro account or an experienced trader seeking optimal conditions with ECN or Prime accounts, RoboForex offers flexible and low-entry accounts, with a minimum deposit of just 10 USD or EUR.

With competitive spreads, high-leverage options, and access to a variety of trading instruments, RoboForex is a solid choice for traders of all levels.

How to Open a RoboForex Account

Follow these steps to register an account with RoboForex:

1. Step 1: Sign Up

Begin the registration process by clicking on the green “Open Trading Account” button on the official RoboForex website.

2. Step 2: Complete the Registration Form

Fill out the registration form with the required details and click the “Register” button at the bottom of the form.

3. Step 3: Deposit

Once your account is set up, make your first deposit and you’re ready to start trading.

Trading Platforms and Tools

RoboForex offers a diverse range of trading platforms designed to meet the needs of traders at all levels. Whether you’re a novice just starting or an experienced professional, RoboForex’s platforms provide the tools and flexibility to enhance your trading experience.

MetaTrader 4 (MT4)

RoboForex provides the popular MetaTrader 4 (MT4) platform, a versatile solution suitable for both novice and experienced traders. Known for its reliability and ease of use, MT4 offers a wide range of trading instruments and supports three types of order execution. It also includes essential tools for technical analysis, such as 50 built-in indicators and graphical analysis features.

Additionally, traders can develop custom trading robots using MQL4 to enhance their strategies. MT4 is available on desktop, mobile (iOS and Android), and as a web version, offering flexibility to trade anytime, anywhere.

MetaTrader 5 (MT5)

MetaTrader 5 (MT5) is an advanced trading platform designed for traders seeking speed and precision in executing orders. It supports multiple order execution types and provides extensive analysis tools, making it ideal for those focused on algorithmic trading. MT5 features a multi-currency tester, 6 types of pending orders, and Market Depth for real-time market insights.

The platform also includes the MetaTrader Market, where traders can purchase or test over 1,500 expert advisors (EAs), indicators, and other tools to optimize their trading experience. MT5 is accessible on desktop, mobile (iOS/Android), and web versions.

R StocksTrader (Web Platform)

R StocksTrader is a powerful multi-asset platform offered by RoboForex, allowing traders to access over 12,000 instruments across global markets. This web-based platform provides an easy-to-use interface, eliminating the need for additional software or updates. R StocksTrader supports advanced features such as Level II Market Depth, Time and Sales, and comprehensive corporate action tracking (including dividends, stock splits, and mergers).

It also includes a free automated trading robot builder, enabling traders to create and test strategies without any programming skills.

CopyFX

CopyFX is RoboForex’s copy trading system, allowing traders to replicate the strategies of top investors while retaining full control of their funds. It is designed to make trading more accessible by enabling you to copy successful traders’ strategies without needing to manage every trade yourself.

Whether you’re a beginner or an experienced investor, CopyFX offers a way to earn by mirroring the trades of others.

Frequently Asked Questions

What is MetaTrader 4 (MT4) and who is it suitable for?

MetaTrader 4 (MT4) is a reliable, user-friendly trading platform that is ideal for both beginner and experienced traders. It provides key tools for technical analysis, including 50 indicators and graphical analysis options. MT4 also allows traders to create custom trading robots using MQL4, making it a flexible platform for those seeking a comprehensive trading experience.

How does MetaTrader 5 (MT5) differ from MetaTrader 4?

MetaTrader 5 (MT5) is a more advanced version of MT4, offering faster order execution, more order types, and advanced tools like the multi-currency tester and Market Depth for real-time market insights. It is designed for traders interested in algorithmic trading and developing custom robots with MQL5. MT5 also features the MetaTrader Market, where traders can access over 1,500 expert advisors (EAs) and other trading tools.

What is R StocksTrader and how does it benefit traders?

R StocksTrader is a web-based, multi-asset platform that grants access to over 12,000 instruments, including stocks, indices, commodities, and more. It offers advanced tools like Level II Market Depth, Time and Sales, and corporate action tracking. R StocksTrader also includes a free automated trading robot builder, allowing traders to create and test strategies without programming knowledge, making it suitable for both new and experienced traders.

How does CopyFX work and who can benefit from it?

CopyFX is a copy trading system that enables traders to copy the strategies of successful investors while maintaining full control over their funds. It is beneficial for both beginners and experienced traders, providing the opportunity to earn by following the trades of others. CopyFX offers flexibility, allowing users to pause or modify trades, and ensures transparency and security over their funds.

Our Insights

RoboForex offers a range of powerful trading platforms, each catering to different trader needs. MetaTrader 4 is an excellent choice for those seeking a simple and reliable trading experience, while MetaTrader 5 provides advanced features for traders interested in algorithmic trading.

For those who prefer a web-based, multi-asset platform with extensive tools, R StocksTrader is a strong option. Meanwhile, CopyFX offers a user-friendly way to engage in copy trading, with full control over investments.

Fees, Spreads, and Commissions

RoboForex provides a range of trading accounts, each with competitive spreads, fees, and commissions. Traders can select from account types like Prime, ECN, R StocksTrader, ProCent, and Pro, each designed to meet specific trading requirements. For ECN and Prime accounts, floating spreads start from 0 pips, while ProCent and Pro accounts offer floating spreads starting at 1.3 pips.

Commissions depend on the account type, with Prime and ECN accounts charging a commission based on trading volume, while R StocksTrader, ProCent, and Pro accounts are commission-free. Cashback (rebates) is available for Prime and ECN account holders, offering up to 10% of the commission paid. RoboForex also provides high-leverage options, up to 1:2000 on certain accounts, offering flexibility for traders.

Frequently Asked Questions

What are the spreads for different trading accounts at RoboForex?
RoboForex offers floating spreads for all account types. ECN and Prime account feature spreads starting from 0 pips, while ProCent and Pro accounts have spreads beginning at 1.3 pips.

Are there any commissions for trading?

Commissions vary by account type. Prime and ECN accounts charge commissions based on trading volume, while R StocksTrader, ProCent, and Pro accounts do not have commission fees. Detailed commission information can be found on the “Contract Specifications” page.

Is there any cashback or rebate available on commissions?

Yes, cashback (rebates) is available for Prime and ECN accounts, where traders can earn up to 10% of the commission paid, helping to reduce overall trading costs.

What is the minimum deposit required for opening an account?

The minimum deposit for most accounts (Prime, ECN, ProCent, and Pro) is just USD 10 or EUR 10. However, the R StocksTrader account requires a minimum deposit of USD 100.

Our Insights

RoboForex offers a transparent and flexible pricing structure designed to accommodate both novice and experienced traders. With spreads starting from 0 pips on ECN and Prime accounts, as well as cashback options for commissions, RoboForex is an appealing choice for those seeking low trading costs and high flexibility.

While commissions apply to Prime and ECN accounts, RoboForex offers options that cater to a variety of trading preferences. The low minimum deposit requirement, with most accounts starting at just USD 10, makes RoboForex accessible to traders at all levels.

Deposits and Withdrawals

RoboForex provides a wide array of deposit and withdrawal options, with no commission on deposits and withdrawals during their “Free Funds Withdrawal” promotional periods. Clients can use various payment systems, bank cards, and electronic payment methods to manage their funds securely. The platform ensures that all funds are protected, offering clear details on processing times and any applicable fees. Deposits and withdrawals are processed on working days, excluding weekends and holidays.

RoboForex’s diverse payment options allow traders to choose the most convenient method, with secure and straightforward transactions for both deposits and withdrawals.

Frequently Asked Questions

Are there any fees for deposits and withdrawals at RoboForex?

RoboForex charges zero commission for deposits and withdrawals during the “Free Funds Withdrawal” promotional days. Outside of these promotional periods, fees may apply depending on the selected payment method. Be sure to check the platform for details on specific charges.

What payment methods can I use to deposit and withdraw funds?

RoboForex supports a variety of payment methods, including bank transfers, electronic wallets, and bank cards. The available payment methods may vary based on your location, so it’s recommended to check your options through your RoboForex account.

How long does it take for deposits and withdrawals to be processed?

Deposits and withdrawals are typically processed on working days. Requests made on weekends or holidays are not processed. The exact processing time depends on the chosen payment method and may vary accordingly.

Can I withdraw funds from an account that is not in my name?

No, RoboForex restricts deposits and withdrawals to payment methods that match the name of the trading account holder. This policy ensures account security and complies with anti-money laundering regulations.

Our Insights

RoboForex offers a user-friendly and secure system for managing funds, with various deposit and withdrawal options to accommodate different needs. The platform’s no-commission policy during certain promotions is a valuable feature, and processing times are typically efficient and well-defined.

However, traders should always verify the specific conditions for payment methods, as fees may apply outside of promotion days. Overall, RoboForex provides a convenient and reliable solution for funding accounts and handling withdrawals.

Customer Reviews

🥇 Great Trading Experience!

I’ve been using RoboForex for a few months now, and I’m really impressed with the platform. The account setup was quick, and the customer support is always responsive. I love the low spreads and high-leverage options that help me maximize my trading potential. Highly recommend! – Jacky

🥈 Reliable and Easy to Use.

I’ve tried several brokers, but RoboForex stands out. Their trading platforms are smooth and easy to navigate, and the range of account types fits my needs perfectly. Plus, the withdrawal process is straightforward, and my funds are always secure. – Kimberley

🥉 Fantastic Bonuses and Promotions.

The bonuses and cashback offers from RoboForex are fantastic! I took advantage of their welcome bonus and have already seen extra earnings. The platform is easy to use, and the support team is helpful. I’m excited to keep trading with RoboForex! – JJ

In Conclusion

RoboForex stands out as a flexible and reliable platform for both beginner and experienced traders. With a variety of account types, competitive spreads, advanced trading tools, and generous promotions, RoboForex offers everything needed to support traders in achieving their goals.

Whether you’re looking for low-cost trading, high leverage, or powerful platforms, RoboForex provides a comprehensive trading experience with a strong commitment to security and customer satisfaction.

References:

• About Us
• Account Types
• Copy Trading 

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