RoboForex Broker Review

Tony Pipbear Forex Trader & Risk Manager

 

To understand whether RoboForex is suitable for you or not, I recommend to pay attention to these 3 things: reputation, trading conditions, and regulation.

if roboforex scam?

For how long the company is in the market?

  • RoboForex is in the market since 2009.

What are the main advantages here?

  • The main advantage of RoboForex is a wide range of trading platforms (MT4, MT5, CTrader, and Currenex Viking). Also, the maximum leverage is 1:1000, which is higher than the market average. Please remember that margin trading is risky!

Did you find any reasons not to work with this broker?

  • We did not find any major reason not to open an account with Roblox. The only negative thing that we found is that the company doesn’t have PayPal as a deposit method.

Does RoboFX have swap-free (Islamic) accounts?

  • Yes, RoboForex offers a swap-free account.

What is the minimum deposit amount?

  • It is possible to start trading at $10.

Is this broker regulated?

  • Yes, RoboForex has IFSC Belize license and participates in the Financial Commission compensation fund.

Anything special about spreads and margin leverage?

  • This broker offers a lot of promotions and free services such as Free VPS, cashback, tradable protection bonuses and others.

RoboForex Features

Minimum deposit $10
Cent account
ECN account
Typical spread 1.4
Avg rebate per lot $5.20
Quote accuracy 5
Execution type ME
Max leverage 1:1000
Trading platform MT4, MT5, Web, cTrader
Est since 2009
Regulation IFSC, CySEC
Pamm accounts
VPS service
Mobile Trading
EAs/Robots
Minimum trade size 0.01
Islamic account

Open Account

Trading CFDs carries a high degree of risk. It is possible to lose all your capital.

Youtube Review

Suspicious reviews that we found

I have been trading with Roboforex for 10 month with EA’s. The performance is much worse than with other brokers their anti-bot-software is very clever and you will have a hard time gaining money.
I also tried to subscribe to a professional traders signal through MQL5.com which went good a few weeks but this morning the signal wouldn’t copy the trades because they had changed the translation of the pairs so the signals trades wouldn’t be recognized any more.*

*We found this review on ForexPeaceArmy. Please be very careful using expert advisors and trading signals with any broker.

10 COMMENTS

  1. I consider Roboforex the best company in its broker segment……. no problem occured with me, withdrawed many times, had many bonuses, they are acctually great.

  2. One of the best broker right now Robo Forex, deposit in real time and withdrawal even your full investment plus plus profit with in 30 mins, if u use their ecn account, u will get spread from zero, no re-quote in their ecn account also… also nice customer service, highly recommended.

  3. Lovely Trading Company! I never thought the trade can bring so much pleasure when everything is convenient, fast and terminal is excellent working. Disconnection did not see since spring. If someone doesn’t like the changes of spread, you can trade on Fix accounts. Though I like better type accounts Pro.

  4. I’ve been using RoboForex for over a year now with multiple real accounts and have performed various deposits and withdrawals and they have always worked without any incident.

  5. I think roboforex is really going bankrupt. they wont let me withdraw my money. depositing was very easy but once you ask for withdrawal it is really a struggle, a heartbreaking. i request for withdrawal, it was rejected because they said my address verification was not sealed and signed by the company. i had to asked the company to sign the document. but when i ask for withdrawal again, they said i need to upload and verify my bank card that i never used to deposit. i just dont get it why they need a bank card, im not depositing, im withdrawing funds towards my skrill account.

  6. My oppo told me bout Roboforex, I didn’t got the idea first, but then decided to learn the proper info. I noticed the trustable safeguard system. They use STL-model, so there is no conflict of interests. The payment systs. are variable, I usually apply Skrill or FasaPay.

  7. It’s bad. Don’t know about the others, but for me this trading system can’t work. There’s always some small problems.

  8. Excellent and exceptional services. I usually withdraw my funds instantly from my MT4 platform to my Skrill account and takes less than 30 seconds! Keep it up. I will give the 5*****Stars! My MT4 Account 72…80.

  9. I don’t believe all these bad reviews here about RoboForex, I use 7 different Forex brokers and RoboForex is one of the best broker I have pleasure to work with for the past 4 years… I’ve been using this broker since 2013, and I never had any problem with them… Withdrawals are very fast, Trading execution is excellent and everything is Great with this broker.
    I would definitely recommend this great broker to everyone…

  10. Very good broker.
    Recomend high .
    In many trading years i withdrawal much more than deposited in roboforex..
    Roboforex is very safe broker. Regulated.
    One of the best brokers in the would
    No problems have met.

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