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RoboForex Review 2024

Ben Johnson
Forex Broker Expert

roboforex

5 / 5 – 6 Ratings

Check out the best alternatives

RoboForex has been operating since 2009 and is regulated by the FSC, license No. 000138/333. From the moment of its foundation, RoboForex has always been focused on providing best trading conditions using innovative technologies and many years of experience. RoboForex is an international broker, which offers 8 asset types and more than 12,000 instruments for trading. We’re very proud of a variety of services we provide our clients and partners with, which are of the same quality for all, regardless their experience and amount of their investments.

Brokers Highlights

Brokers Name

RoboForex

Trading Desk

ECN

Year Founded

2009

Headquarters

Belize

Regulation

FSC license No. 000138/333.

US Clients

🇺🇸
No

247 Support

✔️

Support Email

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

MetaTrader 4, MetaTrader 5, cTrader, R WebTrader, R MobileTrader, R StocksTrader

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

  • Tight spreads from 0 pips
  • Fastest order execution
  • Advanced copy-trading system
  • 9 asset classes
  • Partner program
  • Up to 70% profit sharing

Cons

  • No US Clients
5 / 5 – 6 Ratings

RoboForex has been operating since 2009 and is regulated by the FSC, license No. 000138/333. From the moment of its foundation, RoboForex has always been focused on providing best trading conditions using innovative technologies and many years of experience. RoboForex is an international broker, which offers 8 asset types and more than 12,000 instruments for trading. We’re very proud of a variety of services we provide our clients and partners with, which are of the same quality for all, regardless their experience and amount of their investments.

Regulation

FSC

RoboForex Ltd has a special brokerage license FSC “Trading in financial and commodity-based derivative instruments and other securities” under the number 000138/333. The regulator ensures that only the most reliable and socially responsible companies receive the license to operate within Belize and beyond. As a financial market regulator, FSC carries out certification of and control over the market members, as well as guarantees efficiency, honesty and transparency of the work of its grantees.

The Financial Commission

RoboForex Ltd is an official participant of The Financial Commission, an international organization, which resolves disputes between its participants and their clients.

RoboForex Ltd, which is an A category member, also is a participant of The Commission’s Compensation Fund. The Compensation Fund is a service included with Financial Commission membership which provides protection up to €20,000 per case should a Member refuse to adhere to a judgment from the Financial Commission. For more information, click here.

Trading Accounts

Access to the world’s largest markets on professional trading conditions. RoboForex offer fast order execution, optimal trading conditions, and a convenient Members Are for managing your accounts. To start trading, you have to register a Members Area and open a trading account. Choose one of the trading account types and trading platforms (MetaTrader 4, MetaTrader 5 or cTrader), which most closely correspond to your requirements. Moreover, you have an opportunity to perform trading operation through our proprietary terminals, R MobileTrader for iOS and Android, R WebTrader and R StocksTrader, which will allow you to trade even at places where there is no access to your PC.

Cent Account

The main distinctive feature of cent (micro) accounts is that they use 100x denominated monetary units of the base currency (US Cent, EU Cent, etc.), while the trading conditions are equal to those for standard accounts. Just deposit 10 USD to your cent account to get 1,000 US Cents. As a result, cent accounts will be excellent not only for beginner traders, but for professionals as well, because it may help them to test new trading strategies or Expert Advisors in market conditions without any significant financial investments.

ECN Account

ECN trading with RoboForex is an opportunity for traders who want to make deals 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.

Prime Account

RoboForex offers its clients the best promotions in the financial market industry. RoboForex Prime account Maximum leverage value increased up to 1:300. Commission for the trading volume of 1 million USD reduced to 10 USD. RoboForex offers premium conditions for Forex trading on Prime accounts.

RoboForex Demo Account

RoboForex demo accounts are different from real ones in that you don’t need to deposit any real money for trading on them. This is why using a forex demo account is one of the most powerful ways to test your trading strategies or EAs in real market conditions.

Islamic Swap-Free Accounts

RoboForex offers a specific account type – Islamic Swap-Free accounts. Instead of the swap, the owners of Swap-Free accounts are charged a fixed forex commission, which depends only on the type of currency pair and number of open lots, but not on the issuing banks’ interest rates. Swap-free account type was created especially for the clients of Muslim belief, who are not allowed to trade with swaps because of Sharia laws.

Trading Platforms

MetaTrader 4

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 4 mobile application

MetaTrader 4 portable application will allow you to trade from anywhere in the world. Designed specifically for iOS/Android-based smartphones and tablets, this mobile terminal offers traders a familiar interface with slight modifications and the same set of tools and features as the desktop terminal. Download the portable version of the MetaTrader 4 to your mobile device and try trading from any convenient place – the terminal will always be with you.

MetaTrader 4 web platform

Also, you have an opportunity to use a web version of MetaTrader 4 platform, which is supported by all available browsers. The MT4 web terminal offers the same features and performance as the desktop version, and is still available in all languages supported by RoboForex websites. Manage your positions freely and easily from any place in the world.

MetaTrader 5

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

MetaTrader 5 Mobile App

You can trade through MetaTrader 5 using any portable device running under iOS and Android operating systems from anywhere in the world at any moment. The application supports both netting and hedging systems, includes all tools and features necessary for work: Market Depth, all types of trading operations, 30 technical indicators, 24 analytical objects, and more. You will always keep track of the market situation, be able to perform trading operations and monitor the history. Download the portable version of MetaTrader 5 to your mobile device and try trading from any convenient place – the terminal will always be with you.

MetaTrader 5 Web Terminal

Using MetaTrader 5 web terminal from MetaQuotes, you can trade on any device directly from a browser. The web terminal includes all features and options of the desktop version, so you will always be able to keep track of your positions and make quick trading decisions depending on the market situation at the moment. All you have to do to use the web version of MetaTrader 5 terminal is to have internet connection, a browser, and the password to your RoboForex trading account.

cTrader platform

cTrader is a platform for experienced traders, who prefer order execution speed and unconventional instruments to implement their trading strategies.

  • Rare types of orders
  • Level II Pricing
  • 54 technical indicators
  • 14 timeframes

cTrader Web

cTrader web terminal will be an excellent choice for the traders, who prefer flexibility and independence of web interfaces rather than “classic” software. Check out the benefits of working with cTrader in your browser:

  • All functions of the desktop platform
  • Supported by any browser
  • Optimal solution for MacOS users
  • Access to individual settings using cTrader ID

R StocksTrader

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

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

Contacts

  • Registered address: 2118 Guava Street, Belama Phase 1, Belize City, Belize
  • Business address: 9724 Ramiro Duran Street, Belize City, Belize
  • +65 3158 8389
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roboforex

5 / 5 – 6 Ratings

Check out the best alternatives

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