Roboforex Review 2025

Roboforex review
Roboforex Awards

Roboforex have won numerious industry awards over the 15 years they have been operating as a financial broker. We have listed the most notable awards and mentions for Roboforex below.

• Best Mobile Trading App - GF Awards -B2B - 2023
• Best Copy Trading Platform - Global Brands Magazine Awards - 2023
• Best Partners Programme - GF Awards - B2B - 2022
• Most Reliable Broker - GF Awards - B2B- 2022
• Best Mobile Trading App - GF Awards - B2B - 2022
• Best Prime Trading Account - Ultimate Fintech Awards - 2022
• Most Trusted Broker - International Business Magazine Awards - 2022
• Best Multi Asset Trading Platform - Global Banking & Finance Awards- 2022
• Best Investment Products - Global Brands Magazine Awards- 2022
• Most Transparent Broker - World Economic Magazine Awards- 2022
• Best Stocks Broker - London Trader Show Awards- 2022
• Best Broker of the Year - Traders Union IAFT- 2021
• Best Investment Products - Global Brands Magazine Awards- 2021
• Most Profitable Broker - Traders Union IAFT- 2021
• Best Traders Union Partner - Traders Union IAFT- 2021
• Most Trusted Broker - International Business Magazine Awards - 2021
• Best Stocks Broker - Global Business Review Magazine Award - 2021
• Best Multi Asset Trading Platform - Global Banking & Finance Awards - 2021
• Best Prime Trading Account - Global Banking & Finance Awards - 2021
• Most Transparent Broker - World Economic Magazine Awards - 2021
• Best Mobile Trading App - GF Awards - B2B - 2021
• Best Investment Products - Global Brands Magazine Awards- 2020
• Best Partnership Program - Global Banking & Finance Awards - 2020
• Most Trusted Broker - International Business Magazine Awards - 2020
• Best Mobile Trading App - GF Awards - 2020
• Best Investment Platform - IAFT Awards - 2019
• Best Stock Broker - International Business Magazine Awards - 2019
• Best Investment Products - Global Brands Magazine Awards - 2019
• Safest Broker - London Investor Show Awards- 2018
• The Best ECN Broker - IAFT Awards- 2016
• The Best ECN Broker - The Best ECN Broker - 2013
• Best Execution Broker
• Eastern Europe - World Finance Exchanges & Brokers Awards - 2013
• Silver Sponsor of Automated Trading Championship - Automated Trading Championship- 2012
• Fastest Growing ECN Broker Eastern Europe - GBAF - 2012

Roboforex review
Roboforex Fees Explained

• Roboforex doesn't charge withdrawal fees.
• Roboforex does not charge a fee for inactive accounts.
• Roboforex doesn't charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from Roboforex are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.

Roboforex Costs To Check

Modern brokers like Roboforex provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, Roboforex may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall Roboforex trading profitability.

How Roboforex Fees Compare Against Other Brokers

Roboforex Minimum Deposit

Roboforex requires a minimum deposit of 10 GBP/USD/EUR when opening an Roboforex trading account.

A minimum deposit is the minimum amount of money required by Roboforex to open a new online brokerage account with them.

Don't be scared off by brokers like Roboforex charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.

In the trading world, brokers like Roboforex, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.

Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.

However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.

Roboforex Withdrawal Fees

Roboforex doesn't charge withdrawal fees.

Roboforex Withdrawal rules may vary across different brokers when it comes to transferring funds from your Roboforex or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with Roboforex may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.

In addition, currency conversion fees may apply if the Roboforex withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from Roboforex. Researching and comparing Roboforex withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing Roboforex funds frequently or dealing with large sums of money. Awareness of these Roboforex fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your Roboforex funds.

For example, Roboforex allows you to withdraw your funds to Bank payments, Electronic payments, AstroPay, Skrill, Neteller, Perfect Money, STICPAY, Bank Cards, VISA, MasterCard, JCB, CUP, QR Vouchers, Western Union.

Roboforex Inactivity Fees

Roboforex does not charge a fee for inactive accounts.

When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by Roboforex terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.

Make sure you're fully aware of all Roboforex fees and services. It's recommended that you check the Roboforex website before signing up. If you decide to close your Roboforex account, it's important to do so with the Roboforex broker customer support and obtain confirmation that no remaining Roboforex fees are due.

Brokers like Roboforex must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.

Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.

Roboforex Deposit Fees

Roboforex does not charge deposit fees. Although bank / 3rd party merchant fees may apply.

Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.

Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.

Roboforex Commission Fees

Roboforex does not charge commission on CFD instruments.

Brokerage firms like Roboforex may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the Roboforex trading account level held by the trader.

Roboforex may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing Roboforex terms and conditions to understand the commission fees and any other charges that may apply is essential.

Roboforex review
Trading on Roboforex web platforms and other applications

Roboforex is one of the few brokers that offer both of the MetaTrader platforms; MT4 and MT5. To see how the two platforms compare, you can read our comparison of MT4 vs MT5 here.

A Roboforex iOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device.

Roboforex also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.

See Roboforex's platforms

Is the Roboforex Trading Platform Secure?

You should take the security of your personal information seriously and check SSL encryption is enabled on the Roboforex trading platform to protect you on PC and mobile Roboforex platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using Roboforex web trading platforms.

Roboforex Trading Platform Options

After logging into your Roboforex account, you'll find a range of trading platform options available below.

• Roboforex CopyFX
• Roboforex R StocksTrader
• MetaTrader 4 (MT4)
• MetaTrader 5 (MT5)

Roboforex does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.

Let's explore each of these trading platforms in detail and what options Roboforex gives you.

Roboforex review
Roboforex CopyFX

RoboForex CopyFX Trading Platform

Copy trading, also known as social trading, has significantly grown in recent years.

Responding to customer demand, RoboForex introduced the CopyFX trading platform.

The RoboForex CopyFX platform enables traders to monitor, follow, and copy the Forex trades of more experienced traders who have a history of profitable trading within the RoboForex CopyFX community.

The RoboForex CopyFX trading platform boasts a large online community of thousands of registered traders worldwide, ready for you to copy trade.

To create a RoboForex CopyFX account, traders must register with RoboForex and access their Members Area on the RoboForex Members Area. Here, you will find a link to open a RoboForex CopyFX Trader account. The CopyFX system is compatible with the MT4, MT5, and R StocksTrader trading platforms. For more details, visit the RoboForex News Section.

RoboForex CopyFX Leverage Trading

Several trading leverage options are available when creating your RoboForex CopyFX account, including 1:2000, 1:1000, 1:500, 1:400, 1:300, 1:200, 1:100, 1:50, 1:30, 1:25, 1:20, 1:15, 1:10, 1:5, and 1:1.

For example, with a 1:500 leverage and a deposited 100 USD, a trader can control a position worth 50,000 USD. However, leverage carries high risk and is intended for experienced traders, as the potential for loss is significant. For more information, see RoboForex's account types and their leverage (where available).

Selecting a RoboForex CopyFX Trader to Copy

RoboForex CopyFX Trader Rating

RoboForex CopyFX traders can be compared by rating and profit indicators. While traders with a history of high profitability may seem appealing, it's important to consider the associated risks. Often, more moderate, lower-risk traders are a better choice.

RoboForex CopyFX Trader Length of Trading

The CopyFX platform allows you to view the length of time and the number of days a CopyFX trader has been active. The duration of successful trading without significant losses is crucial when selecting a CopyFX trader.

Look for stability in a CopyFX trader. Consider traders who have at least a 6-month history of successful trading.

RoboForex CopyFX Trader Max Drawdown

The max drawdown of a CopyFX trader indicates the maximum equity decline as a percentage of their deposited amount. This value helps you understand the level of risk the trader is taking. A higher max drawdown percentage signifies higher risk.

Copying trades from a CopyFX trader with a max drawdown over 50% is considered high risk. Trades with a max drawdown around 30% are considered moderate risk. These values are indicators; thorough due diligence is essential to assess actual risk levels.

RoboForex CopyFX Trader Deposited Balance

The CopyFX platform displays the trader's current trading balance and available capital. A substantial investment by a CopyFX trader can indicate their commitment to a specific strategy. Conversely, a lower trade balance may suggest the trader perceives higher risk.

RoboForex CopyFX Trader Number of Subscribed Traders

The RoboForex CopyFX system shows the number of subscribers copying a CopyFX trader and the total portfolio fund value in USD. A higher number of subscribers and a larger total fund value indicate significant interest in a trader's strategies.

Roboforex review
Roboforex R StocksTrader

Roboforex have their bespoke custom-built trading platform called Roboforex R StocksTrader. R StocksTrader has been designed from the ground up and allows trading over 12,000 multiple financial asset types on live markets worldwide.

Roboforex are known for their very high order execution speeds, especially when compared to some other brokers.

The Roboforex R StocksTrader platforms allow modern traders to trade, Indices, CFD Stocks, CFD commodities, Forex and ETFs.

The Roboforex platform is very well designed and gives Roboforex R StocksTrader users the benefit of trading and monitoring the financial markets from the web and mobile devices.

The Roboforex R StocksTrader UI is well designed, allowing users to add watchlists and monitor many financial instruments in multiple customisable trading and charting windows.

Roboforex R StocksTrader Research Tools

If you are serious about trading, you must have access to up-to-date financial market research and analysis tools. The Roboforex R StocksTrader tools are top-notch.

When actively using the R StocksTrader charting tools, they are fast, responsive, and continually updated with live information.

The R StocksTrader tool set is very feature-rich, and Roboforex R StocksTrader provides its users with Level 2 market depth and in-depth Time. Sales data allow R StocksTrader users to examine every detail of a financial asset. Market data is essential when researching and monitoring a position using technical analysis. The Roboforex R StocksTrader platform also allows traders to back-test trading strategies as they have extensive historical market data from 1970.

Roboforex R StocksTrader Watchlists

The Roboforex R StocksTrader Watchlists come in handy when researching and monitoring the financial markets. You can see the Top Winning financial assets and the Top losing financial assets by class and asset type and build your custom watchlists. These R StocksTrader watchlists allow you to quickly watch certain groups of financial assets of your choosing. Say you have seen many trending social media or forum posts on particular financial assets. It's good to quickly add them to your Roboforex R StocksTrader watchlist.

Roboforex R StocksTrader Fast One Click Trading

Many experienced traders who have been trading for years look for platforms that provide "One-click trading". More experienced traders, for most of their trades at a certain point, prefer to use predetermined options when opening new trades. Experienced traders are looking to speed up their workflow and do not want to set the stop loss, limit, leverage and other parameters each time they open a new trade. The Roboforex R StocksTrader platform can be useful if you frequently use one-click trading.

Roboforex R StocksTrader Stop Orders and Limit Orders

All traders should know how to mitigate and minimise trading risk. The Roboforex R StocksTrader platform makes creating, removing and monitoring limit orders and stop orders very quick and convenient, even dragging on a touchscreen mobile device.

Roboforex R StocksTrader Trading Robots

For more advanced traders who wish to integrate trading automation strategies, Roboforex R StocksTrader provide a set of really good free tools which allow users to build their automated trading bots. R StocksTrader Users can create as many trading robots as they wish.

Roboforex R StocksTrader Automated Strategy Builder

A really good feature of the Roboforex R StocksTrader platform is the ability to use and test out existing automated strategies or create your own from scratch. The Roboforex R StocksTrader Automated Strategy Builder is free and can be tested on live and demo R StocksTrader accounts.

The R StocksTrader Automated Strategy templates can use extensive financial market data from 1970. The Roboforex R StocksTrader automated strategy gives users much flexibility to create edit and test strategies. The Roboforex R StocksTrader automated strategy builder is something to try.

Roboforex review
Roboforex MetaTrader 4 (MT4)

Roboforex MetaTrader 4 (MT4) In Detail

MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on Roboforex offers traders comprehensive features and tools to enhance their trading performance. The Roboforex MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the Roboforex platform to their needs. One of the standout features of MT4 is its charting functionality, which allows Roboforex traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give Roboforex traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 Roboforex trading platform.

MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the Roboforex MetaTrader 4 (MT4) trading platform. MT4 is a platform available with Roboforex, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The Roboforex MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. Roboforex allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.

You can start using the MetaTrader 4 platform with Roboforex in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. Roboforex MetaTrader 4 is compatible with the latest macOS. Roboforex allows traders to trade on mobile devices through Android and iOS devices like the iPhone.

Metatrader 4 Webtrader on Roboforex

MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.

The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.

Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.

Trade Roboforex MetaTrader 4 on iOS Devices

You can download the Roboforex app or trade with Roboforex through the MetaTrader 4 application on the Apple app store.

Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. Roboforex customers have instant access to the financial market and can completely manage a Portfolio on the go.

Trade Roboforex MetaTrader 4 on Android Devices

Millions of people worldwide use Android mobile devices and tablets, and Roboforex offers its clients access to the MetaTrader 4 platform on these devices. With the Roboforex MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing Roboforex traders to stay on top of their trades and react quickly to changes in the market. With the Roboforex MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.

Trade Roboforex MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators available on Roboforex are a powerful bundle of three major indicators designed to help traders make informed decisions. Roboforex MT4 Trading Central indicators include:

• Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
• Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
• Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.

Trading Centrals Alpha Generation Indicators can help Roboforex traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing Roboforex traders to potentially stay one step ahead.

Roboforex MetaTrader 4 Advanced Trading Tools

The Roboforex MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give Roboforex traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, Roboforex provides traders with everything they need to succeed. The Roboforex MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing Roboforex traders to analyze the market at any level of complexity.

Trade Roboforex MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.

It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.

This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.

Roboforex MetaTrader 4 & MetaTrader 5 AutoChartist

Autochartist on the Roboforex platform is a powerful tool designed to help traders find trading opportunities quickly and easily.

Available for Roboforex MetaTrader 4 and MetaTrader 5 Autochartist can scan the market using an expert advisor script.

With Autochartist, Roboforex traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save Roboforex users time and makes the trading process more efficient.

The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. Roboforex traders can navigate the platform and find the information they need to make informed trading decisions.

Roboforex Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for Roboforex traders of all experience levels.

Roboforex review
Roboforex MetaTrader 5 (MT5)

Roboforex MetaTrader 5 (MT5) In Detail

Roboforex MetaTrader 5 (MT5) is a multi-asset trading platform with an extensive range of trading features and financial research tools. Besides the ability to trade Forex and CFDs, Roboforex MT5 offers access to trade Futures, Stocks, Algorithmic Trading, ETFs, and Indices. MT5 was launched in 2010 and came with advanced charting tools, additional timeframes, and an updated version of MetaTrader 4.

MT5 on Roboforex provides the convenience of using automated trading systems and copy trading, giving Roboforex traders competitive research tools in the financial markets.

You can learn more about the MT5 Platform here. You can also learn more about the differences between MT5 and MT4 here.

Trade Roboforex MetaTrader 5 WebTrader

Access your Roboforex MetaTrader 5 accounts from any web browser. MT5 on Roboforex features a massive range of tools like additional timeframes and the most up-to-date technical indicators to give you all the trading resources you need to trade on and analyze the financial markets.

Roboforex review
Roboforex MT5 Buying and Selling

Roboforex MetaTrader 5 on iOS Devices

Roboforex MetaTrader 5 Can Operate on newer iOS devices like the iPhone and iPad. MetaTrader 5 requires a mobile internet connection or a connection to Wi-Fi. You should upgrade the iOS MetaTrader 5 app regularly. New versions provide improved functionality and increased stability. Roboforex MetaTrader 5 allows traders to look at market statistics of financial instruments traded in the market execution mode.

Roboforex MetaTrader 5 on Android Devices

The Roboforex MetaTrader 5 trading platform is available on Android smartphones or tablets powered by the Android 5.0 or higher operating system. Additionally, to connect to the Roboforex trading server. Take the time to understand all of the Roboforex Android MetaTrader 5 features. With Roboforex MetaTrader 5 for Android, you can trade various financial instruments anytime, anywhere.

Roboforex Metatrader Mobile Application Features

MetaQuotes, the developers of Metatrader, have listened to the feedback of their millions of users and have built what has become one of the most popular mobile trading platforms in the world. MetaTrader features include :

• Roboforex Financial instrument quotes
• View in-depth price charts of financial instruments with Roboforex MetaTrader
• Manage trades and open positions on Roboforex MT4 & MT5
• View your Roboforex trading history
• View market news
• MetaTrader internal messaging on Roboforex
• View and research market statics of Roboforex financial instruments
• Roboforex Position opening and closing
• Lookup symbols in the Roboforex MetaTrader quotes section
• Display of deals on Roboforex graphs
• Roboforex Timeframe selection for graphs and charts
• Additional vertical scaling of Roboforex graphs
• Capability to transfer Roboforex accounts to other devices using QR codes
• Information is available only if it's supplied by Roboforex
• Access the OTP generator through FaceID or fingerprint with Roboforex

Roboforex MetaTrader 5 Advanced Trading Tools

Roboforex MetaTrader 5 has many advanced trading tools for more advanced users. Understanding these tools can give you a competitive edge.

• Roboforex MT5 Depth of market bids and asks
• Financial Price Data on Roboforex
• Margin Calculation, Futures, Forex on Roboforex
• Advanced Techincal Analysis on Roboforex MT5
• One click trading on Roboforex MT5
• Roboforex Spreads
• Roboforex Futures
• Roboforex Trading Reports

Roboforex Trading benefits

• Roboforex Allows scalping
• Roboforex Allows hedging
• Roboforex Offers STP
• Roboforex Low min deposit
• Roboforex Offers Negative Balance Protection

Roboforex Trading Accounts Offered

Below we give an overview of the account types that Roboforex offer. Whatever you are looking to trade, the varying Roboforex account types will be able to provide you with what you need.

• Roboforex Prime
• Roboforex R Stocks Trader
• Roboforex Procent
• Roboforex Pro
• Roboforex Demo account
• Micro account
• Roboforex Mini account
• Roboforex Standard account
• Roboforex Swap-Free account
• Roboforex ECN account
• Roboforex STP account
• Roboforex Islamic account

Roboforex Account Type Features Summary

Roboforex Prime

This is the best account type on the RoboForex trading platform. It comes with the best terms and conditions. RoboForex can be used to trade currencies and other types of financial markets.

Roboforex Prime Trading Platforms	MT4, MT5, WebTrader, iOS App, Android App
Available Financial Instruments	28 currency pairs, Metals, CFDs on US stocks, CFDs on Indices, CFDs on Oil
Min Deposit	10 USD / 10 EUR
Spread	From 0 pips
Max Leverage	1:300
Bonuses	All RoboForex Loyalty Offers

learn more about Roboforex Prime

R Stocks Trader

It is possible to trade stocks and other stock-related financial instruments through the R StocksTrader web platform and mobile app.

R StocksTrader Trading Platforms	WebTrader, iOS App, Android App
Available Financial Instruments	12,000 plus financial instruments to trade. Indices and real stocks. CFDs on stocks. Forex and ETF, and more. CFDs on Oil and Metal. CFDs on Stocks.
Min Deposit	100 USD
Spread	from 0.01 USD
Max Leverage	1:300
Bonuses	Not available with R StocksTrader

learn more about R StocksTrader

RoboForex Procent

Test trading strategies and EAs with the RoboForex Procent account type. Procent also has features that make moving from a demo account to a real RoboForex trading account easy.

RoboForex Procent Trading Platforms	MT4, MT5, WebTrader, iOS App, Android App
Available Financial Instruments	36 currency Forex pairs, metal commodities.
Min Deposit	10 USD / 10 EUR
Spread	from 1.3 PIPs
Max Leverage	1:2000
Bonuses	All RoboForex Deposit Bonus and loyalty Offers

learn more about RoboForex Procent

RoboForex Pro

The RoboForex Pro account has more advanced trading features that may aid CFD and Forex trading.

RoboForex Pro Trading Platforms	MT4, MT5, WebTrader, iOS App, Android App
Available Financial Instruments	36 pairs of Forex currencies, Metals, CFDs on US stocks, CFDs on Indices, CFDs on Oil.
Min Deposit	10 USD / 10 EUR
Spread	from 1.3 PIPs
Max Leverage	1:2000
Bonuses	All RoboForex Deposit Bonus and loyalty Offers

learn more about RoboForex Pro

RoboForex ECN

More experienced RoboForex traders choose this option because it offers fast order execution speeds and competitive trading conditions.

RoboForex ECN Trading Platforms	MT4, MT5, WebTrader, iOS App, Android App
Available Financial Instruments	36 currency pairs, Metals, CFDs on US stocks, CFDs on Indices, CFDs on Oil.
Minimum Deposit	10 USD / 10 EUR
Spread	Floating from 0 pips
Maximum Leverage	1:500
Bonuses	Deposit bonuses are not available for ECN accounts; however, loyalty programs may be offered to ECN clients.

learn more about Roboforex ECN

Can I try Roboforex?

Roboforex provides a demo account that enables individuals to explore trading before investing their funds. By creating a Roboforex practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the Roboforex demo account can help individuals to make informed decisions before investing their money.

Open a demo Roboforex account to practice and trade.

Losses can exceed deposits

Roboforex withdrawal and funding methods

It's essential to remember that the payment methods provided by Roboforex vary based on the Roboforex entity and the Roboforex client's country of residence. To view the Roboforex payment options available, you can log into your Roboforex member's area.

Roboforex offers various funding payment methods listed in your Roboforex dashboard if available in your region. To learn more about the Roboforex funding and withdrawal options available in your area, you can explore the Roboforex website.

Roboforex provides several payment methods for funding your Roboforex account. You may utilize any of these deposit options if they are available in your region. Roboforex ensures that users have multiple payment methods to choose from, making it more convenient for verified Roboforex account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the Roboforex user's location. learn more about Roboforex funding and withdrawal methods.

Roboforex Payment Methods

Some Roboforex payment methods are local and are available only to specific regions. Roboforex account holders should check which payment methods are provided in your region.

• Roboforex accepts Bank payments
• Roboforex accepts Electronic payments
• Roboforex accepts AstroPay
• Roboforex accepts Skrill
• Roboforex accepts Neteller
• Roboforex accepts Perfect Money
• Roboforex accepts STICPAY
• Roboforex accepts Bank Cards
• Roboforex accepts VISA
• Roboforex accepts MasterCard
• Roboforex accepts JCB
• Roboforex accepts CUP
• Roboforex accepts QR Vouchers
• Roboforex accepts Western Union

How can I start trading with Roboforex?

To open a trading account with Roboforex, individuals can sign up on the Roboforex website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.

The next step involves submitting identification documents for Roboforex account validation and making a deposit. Once completed, Roboforex users can download the trading platform of their choice.

It's important to note that Roboforex requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps Roboforex maintain a trustworthy financial environment for its 730,000 users. Detailed information on the Roboforex trading platforms is available on their website.

Losses can exceed deposits

Performing trades with Roboforex

When using Roboforex, the minimum trade size is typically 0.01 Lot units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. Roboforex have a max trade of 100 Lot. With the ECN and STP execution methods offered by the platform, traders using Roboforex can enjoy tighter spreads and greater transparency when it comes to the pricing of their trades.

Like other brokers, Roboforex margin requirements can differ depending on the traded instrument.

Roboforex offers traders several risk management tools and features, such as Technical analysis, Fundamental analysis, Diversification of portfolio, Negative Balance Protection, Stop losses (with trailing stop loss orders), Position sizing techniques, Price alerts, Position sizing techniques, Limit orders, Hedging strategies, amonst others. You can learn more about Roboforex, and see all of the Roboforex account features on the official Roboforex website.

CFD Trading on Roboforex

We will show you an example of the basics of using Roboforex leverage.

CFD trading on Roboforex allows traders to speculate on the price movements of various financial instruments against the broker Roboforex, without actually owning real assets. With CFDs, Roboforex traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.

Roboforex provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.

The effect of leverage on profits and losses magnifies them in both directions. In other words, Roboforex leverage profits and losses are magnified when trading. For instance, using CFDs, you use the Roboforex trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.

On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, Roboforex leverage magnifies both profits and losses in trading.

Trading CFD trades on the Roboforex platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.

Experienced Roboforex traders can trade high risk CFD trades to hedge items in their portfolio.

Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Losses can exceed deposits

Limiting Your Risk When Trading with Roboforex Negative Balance Protection

Negative balance protection is important for traders using leverage on platforms like Roboforex. In an unfavourable market move, leverage can result in a loss that exceeds the trader's account balance, leaving them with a negative account balance. If a Roboforex trading position does not go in your favour, this is where negative balance protection comes in handy.

Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature. With negative balance protection, Roboforex trading losses are always limited to the current balance of funds in the trader's account.

Even if an Roboforex trader experiences a significant loss, they will never owe more money than what is available in their Roboforex account balance.

It's important for Roboforex traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that Roboforex losses are limited to the funds available in your Roboforex account when negative balance protection is in place.

Limit Risk When Trading with Roboforex Stop Loss, Roboforex Stop Limit Orders

Stop-loss orders are a popular risk management tool traders use on platforms such as Roboforex . By setting a specific price point for buying or selling a security, traders can limit their potential losses on a position.

Stop-loss orders are especially important for Roboforex traders not hedging their positions or using leverage, as they can be more vulnerable to significant losses. However, the circumstances in which an Roboforex trader should use a stop-loss order can vary depending on the specific trade and market conditions.

Overall, stop-loss orders can provide Roboforex traders with an effective way to manage risk and protect their investments in volatile markets. Stop Loss and Take Profit are not guaranteed with Roboforex, you must actively monitor your live trading portfolio and financial exposure on Roboforex.

Education Resources at Roboforex

Roboforex offer educational resources which include Market Analysis Reports, Videos, Blog Articles, Webinars. Please bear in mind that these resources provided by Roboforex do not guarantee any results when trading. When we checked on the Roboforex website, these educational resources were not available in every language. Also some financial instruments mentioned in any Roboforex educational resources may not be available in your region.

To trade effectively with Roboforex, it's important to have a good understanding of the Roboforex trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with Roboforex and externally.

Roboforex . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with Roboforex. Familiarizing yourself with the Roboforex trading platform is crucial to use it effectively.

While learning, you can also use global trading times to practice making live buy or sell trades using Roboforex. This hands-on experience can help you gain confidence and become more comfortable with trading.

Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with Roboforex involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.

Learning about the financial markets, trading platforms like Roboforex, and risk management techniques can help you become a more confident and successful trader.

Take an analytical approach to trading with Roboforex. Explore the Roboforex platform and train yourself to think systematically and logically about the markets.

While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with Roboforex, before live trading.

Customer Support at Roboforex

As part of our Roboforex review, we review customer service options, response times and problem resolution effectiveness on the Roboforex trading platform. The Roboforex trading platform supports multiple languages, which includes English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian.

Roboforex Available Support Types

Roboforex has a triple AAA grade support and customer service rating because they offer various range of languages, live chat, and email support.

Roboforex customer service supports multiple languages from all over the world. Having a broker that can hire people from various locations worldwide who can better communicate with you in your local language is a huge advantage when dealing with issues.

Your customer service experience with Roboforex has to be positive for you to effectively trade the financial markets on the Roboforex platform. Roboforex should answer all of your questions and your Roboforex platform issues are solved. When an Roboforex customer has any queries regarding Roboforex, the Roboforex customer support team should take these issues seriously and offer a quick and effective solution. Roboforex has a great client support team, so we have rated their customer service highly.

Livechat Support at Roboforex

Roboforex does not offer LiveChat Support.

Email Support at Roboforex

As part of our review process, we wanted to test the email support offered by Roboforex. We sent 25 emails at different times and were impressed with the response times. We received the fastest response in less than 2 minutes, and the slowest response was 3 hours. While your experience may vary, our testing shows Roboforex has excellent email support overall.

The support team quickly and efficiently resolved all of our queries. Overall, we were very satisfied with the email support provided by Roboforex. If you're looking for a broker with reliable email support, Roboforex is worth considering.

Phone Support at Roboforex

Our experience with Roboforex phone support was positive. When we called, the team answered our call promptly, in less than a minute.

During the call, we tested the multilingual Roboforex team by speaking in different languages, and they made an effort to answer our queries in each language.

The phone support team successfully resolved our questions and issues over the phone. Overall, we found the phone support from Roboforex good.

See how Roboforex Support Compares Against Other Brokers

What you will need to open an account with Roboforex

As Roboforex is regulated by RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund.

As a new client of Roboforex, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with Roboforex in your region. During the Roboforex account opening process, you will be asked to provide Roboforex with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.

When registering with Roboforex have the following documents available.

• Roboforex require a scanned colour copy of your passport, driver's license or national ID card.
• A recent utility bill or bank statement that confirms your residential address for Roboforex compliance. This must be dated within the last six months.
• If you plan to fund your Roboforex account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the Roboforex platform.

It's worth noting that the expiration date of the proof of address document may differ for different entities under Roboforex Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring Roboforex's platform.

However, remember that you won't be able to make trades on Roboforex until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the Roboforex KYC compliance process as soon as possible to avoid any delays in accessing the Roboforex platform's features.

It is important to note that Roboforex may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the Roboforex platform and features immediately. However, you must pass the verification process to start live trading with Roboforex, which can take up to a few business days.

To start the process of opening an account with Roboforex you can visit the Roboforex trading platform here.
Losses can exceed deposits
You should consider whether you can afford to take the high risk of losing your money.

CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from http://www.roboforex.com/ on December 19, 2024.

Watch this Roboforex Explainer Video

Roboforex review written by Andrew Blumer and Mark Hansen