RoboForex Review 2023 – Pros and Cons

UPDATED ON :

RoboForex is a forward-thinking, innovative brokerage firm that is dedicated to providing its clients with a world-class trading experience. With a team of seasoned professionals and cutting-edge technology, RoboForex is at the forefront of the rapidly evolving financial markets.

Founded in 2009, RoboForex has quickly established itself as a leader in the industry, providing traders with access to a vast array of financial instruments and markets, including forex, stocks, commodities, and cryptocurrencies. With a focus on transparency, security, and customer satisfaction, RoboForex has earned a reputation for excellence and reliability.

RoboForex believe that every trader should have the tools and resources they need to succeed. That’s why they offer a wide range of educational materials, including webinars, video tutorials, and market analysis, to help our clients stay up-to-date with the latest developments in the financial world. RoboForex also provide our clients with state-of-the-art trading platforms, including the popular MetaTrader 4 and 5 platforms, as well as our own proprietary trading platform, R Trader.

RoboForex

Brokers Name

RoboForex

Regulation

IFSC

Established

2009

Headquarters

Belize

Trading Desk

Market Maker

USA Clients

No

24H Support

Yes

Weekend Support

No

Website Language

English

Account Details

Accounts

Min. Deposit

$10

Base Currencies

USD, EUR, CNY, BTC, Gold, ETH

Leverage

1:1000

Spreads

From 0.0 pips

Fixed Spread

Yes

Margin Call / Stop Out

50% / 10%

Trading Platform

MT4, MT5 and cTrader

Trading Instruments

Stock CFDs, Forex, Indices, Commodities, ETFs, Metals, Energies, Cryptocurrencies

Pros

  • Wide range of funding methods available
  • Bank transfer and e-wallet deposits are usually processed instantly
  • Credit/debit card deposits are also processed quickly
  • Provides convenient options for traders to deposit and withdraw funds

Cons

  • Some funding methods may incur additional fees

Trading Features

Commission

Yes

Mini Accounts

Yes

Standard Accounts

Yes

VIP Accounts

Yes

Pro Accounts

Yes

Islamic Accounts

Yes

Segregated

No

Managed Accounts

No

Demo Accounts

Yes

Trading Services

Hedging

Yes

News Trading

Yes

Scalping

Yes

Automated Trading

No

Trading Signals

No

Educational Service

Yes

Copy Trading

Yes

Mobile Trading

Yes

Trading Markets

Indices

Yes

Forex

Yes

CFDs

Yes

Commodities

Yes

ETFs

Yes

Stocks

Yes

Bonds

Yes

Crypto

Funding

Deposit

Bank Transfer, Credit/Debit Cards, Electronic Payment Systems (e-wallets)

Withdrawal

Bank Transfer, Credit/Debit Cards, Electronic Payment Systems (e-wallets)

Contacts

Phone

+65 3158 8389

Email

support@roboforex.com

Address

2118 Guava Street, Belama Phase 1, Belize City, Belize

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