Roboforex Rated 4/5

Roboforex Guide - Read our In Depth 2023 Roboforex Review

RoboForex is an established online trading platform that stands out in the crowded world of financial trading. With lightning-fast order execution and one of the quickest trading platforms, traders can buy and sell various assets such as stocks, indices, Forex, commodities, ETFs, CFDs, and cryptocurrencies. Known for their extremely competitive tight spreads from 0 pips, RoboForex is a top choice for traders looking for a reliable brokerage that offers leverage trades up to 1:2000 and negative balance protection. In addition to these impressive features, RoboForex offers their traders a variety of bonus and promotional programs, including a 15% cashback offer. With access to over 12,000 financial instruments and the option to use platforms such as MT4, MT5, R MobileTrader, and R StocksTrader, RoboForex gives traders the tools they need. RoboForex's commitment to its traders extends beyond its trading platform, as they also sponsor the football club Cienciano. Overall, RoboForex is a brokerage providing traders with the advanced tools they need to trade live financial markets.

This Roboforex review was written by industry experts with over 20 years of financial experience in Forex, CFDs.
*This content does not apply to US users.

Benefits of Trading with Roboforex

Roboforex Review 2023 Quick Summary
๐Ÿ’ฐ Min Deposit 10
๐Ÿ‘ฑโ€โ™‚๏ธ Used By 1,000,000 Roboforex users and traders
๐Ÿ“† Founded 2009
๐ŸŒ HQ Belize
๐Ÿ‘ฎโ€โ™‚๏ธ Regulation RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund
๐Ÿšซ Excluded Countries Roboforex is not available in the following countries : AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EU, FM, FR, GW, ID, IR, JP, LR, MP, NL, PF, RU, SE, SJ, SS, TL, TR, US

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Losses can exceed deposits


learn more Learn more about Roboforex.
Losses can exceed deposits

What is Roboforex?

Roboforex are a worldwide financial trading platform and broker. founded in 2009

Over 14 years later Roboforex now serves over 1,000,000 retail investors Forex trading, and CFDs trading.

Roboforex are a global broker. Roboforex have a head office in Belize.

When trading in the financial markets, finding a broker that meets your needs can be very time-consuming.

We will dive deep in this Roboforex review and assess how well the Roboforex platform functions in its role as an international multi asset trading platform for traders in 2023.

Visiting many broker websites, all of which have different language uses. Technical language and terminology can be confusing with brokers like Roboforex. Choosing or shortlisting a trading platform like Roboforex can be time consuming. Choosing a trading platform requires a significant amount of research and analysis. It can be challenging to understand each platform's various features and benefits, especially with a complex trading platform like Roboforex.

As a result, selecting the right trading platform like Roboforex requires a deep understanding of the market, trading strategies, and platform functionality. The task becomes even more daunting when considering the vast number of online brokers like Roboforex available, each with unique features, fees, and regulations.

In such a complex landscape, finding a reliable and trustworthy broker like Roboforex requires thorough due diligence and careful consideration. Some Roboforex trading features can be complex when trading on mobile or using the Roboforex online trading platform. Beginners and inexperienced traders must take the time to learn how to use the Roboforex trading tools properly. In our review of Roboforex we explain the pros and cons. What Roboforex offer, countries Roboforex are available in. Who Roboforex are regulated by and more.

Roboforex Review Screenshot

RoboForex Bonus Offers And Services

A wide range of bonus programs and trading services, forex incentives, and other trading resources are available at RoboForex to make trading more accessible and convenient. We have compiled a comprehensive list of RoboForex bonuses and other promotional offers that you can utilise in your trading strategies. *Please note the below RoboForex Bonus offerings and services may be subject to change, and you must read the terms and conditions.

  • RoboForex Profit Share Bonus up to 60%

    Min deposit from 10 USD. RoboForex Bonus upto 20000 USD.

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  • RoboForex Classic bonus up to 120%

    RoboForex Bonuses of up to 20,000 USD are available. It is possible to employ it during the drawdown process. Deposit at least ten dollars. When trading with your own money, you can withdraw the profits you make.

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  • RoboForex Cashback (Rebates) up to 15%

    RoboForex Cashback for as little as 10 lots of trading volume. All confirmed clients have access to this service. Receive real money in the form of Cashback and cash it out immediately.

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  • Up to 10% on RoboForex account balance

    Starting with one lot, payments are made for the amount of trading. You can leave at any time. A percentage of your account balance is given to you every month, and you get it each time.

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  • Sponsored VPS MT5

    A MetaQuotes server that isn't near you can connect to your MT5 account for free. To get in on the deal, deposit 5600 USD into your MT5 account, order the MetaQuotes VPS, and use it for free.

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  • RoboForex Welcome Bonus 30 USD

    If you are a RoboForex customer who has passed all of the verification steps, you can get a welcome bonus of 30 USD. Join the promotion and get the money you need to start trading for free.

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  • VIP Roboforex client program

    As a RoboForex VIP customer, you will get more money back and more percentage points on your account balance (Rebates). Must have more than 3,000 USD in your RoboForex trading accounts.

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  • Free VPS Server

    You may get all the benefits of a VPS-server service for free if you have enough money in your RoboForex account to cover the cost of the service.

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When it comes to online trading with brokers like Roboforex, carefully review Roboforex as your broker can make or break your success. Choosing the right broker is essential to ensure your Roboforex investments grow and flourish. However, beware of fake and unreliable brokers lurking in the shadows, waiting to take advantage of unsuspecting traders.

You must be diligent and thorough in your Roboforex review selection process to safeguard your hard-earned money. It's crucial to do your due diligence and research the reputation, track record and trust worthyness of Roboforex. You must also ensure the Roboforex broker's profile, trading tools, fees and regulation aligns with your needs and goals.

Remember, Roboforex needs to be your partner in your trading journey.

Our team has endeavored to break down the complex world of trading with Roboforex into easily digestible information in this Roboforex review. We want to ensure you have all the knowledge necessary to use the Roboforex trading tools confidently, from depositing and withdrawing funds to executing trades.

We understand that informed decisions with Roboforex are the key to successful trading, so we've provided this detailed Roboforex review. So, take a seat, grab a cup of coffee, and dive in to learn about Roboforex and how it can benefit you or if Roboforex is not for you.

Online investing with Roboforex can be just as risky as traditional offline investments. Therefore, conducting thorough research on the company you plan to invest with is crucial. If considering trading financial assets with Roboforex, evaluating the Roboforex platform is important. Evaluation includes researching the Roboforex management team, track record, and services.

As a trader, you should feel confident that your financial investments are in good hands with Roboforex. That's why it's essential to understand the Roboforex company policies and practices before making any investment decisions. By doing your due diligence and understanding Roboforex platform, you can make informed investment choices that align with your financial goals. So take the time to research Roboforex thoroughly and make the most of your online investing experience.

We aim to provide you with all the information in this Roboforex review you need to determine if Roboforex is the right fit for you. But we don't stop there - we also offer valuable insights into other great alternatives to Roboforex, so you can make a more informed decision and compare other brokers against Roboforex.

If you want to look at some Roboforex alternatives that might better fit your needs, we list and compare some of the best Roboforex alternatives further down this Roboforex review.

Don't be fooled by the misconception that online trading is easy with Roboforex. It can be challenging and requires significant research and understanding of the Roboforex trading tools and features. You must know what you are doing when trading with Roboforex. That's why we've compiled this detailed Roboforex review with some important information that will hopefully make you more informed when online trading with Roboforex.

Roboforex Review Table of Contents

Roboforex review
Roboforex is a Multi-Assets Trading Platform with over 100+ Assets

Learn more about Roboforex. Roboforex is a multi asset platform with 100+ tradable Assets. Assets available on Roboforex include Forex, CFDs.

Roboforex trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex, CFDs are considered financial assets.

Features of Roboforex

  • Virtual Portfolio, or what is commonly known as a Demo Account
  • API Trading
  • StopLoss
  • Trailing Stops
  • TakeProfit Orders
  • Roboforex offers Advanced Financial Chart comparison tools
  • Roboforex offers Research-backed analysis on financial markets and investments from top analysts
  • The Roboforex platform is available to use on multiple devices including Apple Mac computers, iOS devices like iPhones and iPads, and online through a Web Browser.
  • Roboforex offers an easy to use trading platform with tools for both New Traders and Seasoned Experts
  • Roboforex users benefit from using the Roboforex platform in over 13 different languages

Roboforex review
What you should know

Roboforex offer two ways to trade: Forex, CFDs. The assets and products available to you on the Roboforex trading platform depends on the region of the world, you are in and the Roboforex entity you have an account.

With Roboforex you will need a minimum deposit of $10. You can sign up for a demo account to acquaint yourself with Roboforex platform.

Roboforex are able to accommodate various levels of traders whether you are experienced or a beginner.

Are Roboforex safe?

When considering Roboforex for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as Roboforex, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.

Established in 2009, and in operation for 14 years Roboforex have a head office in Belize.

Roboforex is regulated. This means Roboforex are supervised by and is checked for conduct by the RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund regulatory bodies.

Roboforex withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like Roboforex are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. Roboforex are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of Roboforex and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. Roboforex has a reputation for efficient and reliable fund transfers, and they take great care to ensure that your money is safe and secure. When you submit a withdrawal request, Roboforex will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like Roboforex, you can enjoy peace of mind and focus on your trading activities without worrying about the safety of your funds. If Roboforex violate any regulatory rules their regulated status could be stripped.

Losses can exceed deposits

Is my money safe with Roboforex?

All payments made to Roboforex by traders are securely held in a segregated bank account.

Roboforex uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.

What are Tier 1 banks and why should Roboforex use them?

Roboforex partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their Roboforex clients' funds.

Roboforex clients can have greater confidence in their financial security when working with a Tier 1 bank because Roboforex are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.

What does it mean to have your funds in Roboforex deposited in a Tier 1 bank?

Depositing funds with Roboforex ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if Roboforex were to go out of business unexpectedly.

Based on the information presented, it is safe to conclude that Roboforex is a secure and safe platform.

Please be aware that trading in financial assets with Roboforex carries a risk of loss. Roboforex trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex, CFDs due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.

Roboforex emphasizes this risk on its platform and provides clear risk warnings - Losses can exceed deposits. After answering some important questions about Roboforex, let's closely examine its features.

To better understand the Roboforex trading platform, you can create two separate accounts - one with real money and the other a Roboforex demo account. A Roboforex demo account provides a risk-free environment for experimenting with the Roboforex platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in Roboforex trading decisions.

Open a demo account Visit Roboforex

Losses can exceed deposits

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How Roboforex as a Company Compare Against Other Brokers

Broker Roboforex IC Markets eToro XM
Year Established 2009 2007 2007 2009
Head Office Belize Australia Cyprus, UK Cyprus
Regulation RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) FCA (Financial Conduct Authority) Etoro (Europe) Limited FCA reference 523775, eToro (UK) Ltd FCA reference 583263, ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), MiFID (Markets In Financial Instruments Directive), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
Used By 1,000,000+ Roboforex users 180,000+ IC Markets users 30,000,000+ eToro users 3,500,000+ XM users
Negative balance protection No Yes Yes Yes
Guaranteed Stop Loss No No No No
Learn More Visit Roboforex Visit IC Markets Visit eToro Visit XM
Risk Warning Losses can exceed deposits Losses can exceed deposits 77% of retail investor accounts lose money when trading CFDs with this provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Roboforex review
Roboforex Pros and Cons

What we like about Roboforex

  • Used by over 1,000,000 Roboforex users and traders
  • Established in 2009
  • Regulated by RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund
  • Min. deposit from $10

What we don't like about Roboforex

Roboforex review
Roboforex Regulation and Licensing in more detail

Roboforex is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of Roboforex going into insolvency. Roboforex compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like Roboforex to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for Roboforex traders.

  • RoboForex Ltd is regulated by the FSC
  • license 000138/437
  • reg. number 128.572. RoboForex Ltd
  • which is an (A category) member of The Financial Commission
  • also is a participant of its Compensation Fund

Roboforex is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like Roboforex you should be sure they're legitimate online agent.

Is Roboforex Global?

Yes, Roboforex is global as Roboforex is available in over 168 countries.

Roboforex is a global trading platform in the sense that it operates in 168 countries including nations in Africa, Asia, and Europe. Major countries Roboforex covers include the UK, South Africa, Thailand, China . Roboforex has a total of more than 1,000,000 users. Commendable figures from Roboforex.

Roboforex review
Roboforex Awards

Roboforex have won numerious industry awards over the 14 years they have been operating as a financial broker. We have listed the most notable awards and mentions for Roboforex below.

  • Best MT5 Broker 2022 - The Arm Chair Trader
  • Best Prime Trading Account 2022 - Ultimate Fintech Awards
  • Most Trusted Broker 2022 - International Business Magazine Awards
  • Best Investment Products 2022 - Global Brands Magazine Awards
  • Most Transparent Broker 2022 - World Economic Magazine Awards
  • Best Stocks Broker 2022 - London Trader Show Awards
  • Best Multi Asset Trading Platform 2022 - Global Banking And Finance Awards
  • Best Broker of the Year 2021 - Traders Union IAFT
  • Best Global Forex 2019 - Global Forex Awards
  • Best Crypto Broker Winner 2018 - Manchester Investor Show
  • Safest Broker 2018 - London Investor Show

Roboforex review
Roboforex Fees Explained

  • Roboforex withdrawal fees varies on payment method
  • Roboforex does not charge a fee for inactive accounts.
  • Roboforex doesn't charge deposit fees.

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

Broker Roboforex IC Markets eToro XM
Min Deposit 10 200 50 5
Withdrawal Fees Yes No Yes No
Inactivity Fees No No Yes Yes
Deposit Fees No Varies No No
CFD Commission Fees No Yes Yes No

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

The fees for withdrawing funds from your Roboforex account will differ depending on your chosen payment method. Reviewing the fees associated with each payment method before making your Roboforex withdrawal request is important.

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 Credit cards, VISA, MasterCard, JCB, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Perfect Money, AdvCash, Bitcoin, WebMoney, BPAY, China UnionPay, FasaPay, CashU, QIWI, Yandex Money, WeChat Pay, ecoPayZ, AstroPay, Sofort, Giropay, Poli, Wepay, iDEAL, Payoneer, .

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
What can you trade with Roboforex?

It's essential to note that the trading instruments offered under the Roboforex brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the Roboforex trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.

You can trade a wide variety of instruments with Roboforex over 100 instruments in fact.

If you want to trade currency pairs on global Forex markets, Roboforex offer over 35 currency pairs.

Compare Roboforex with IC Markets and eToro below.

Losses can exceed deposits

How Roboforex Trading Options Compare Against Other Brokers

Broker Roboforex IC Markets eToro XM
Instruments Available 100 2250 5000 1000
Platforms MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 35 61 50 Yes
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs Yes Yes Yes Yes
Exotic Forex pairs Yes Yes Yes Yes
Cryptocurrencies (availability subject to regulation) No Yes Yes No
Commodity CFDs        
Commodities Offered 21 20 31 Yes
Metals Yes Yes Yes Yes
Energies No Yes Yes Yes
Agricultural No Yes Yes No
Indiced & Stock CFDs        
Stocks Offered 0 2100 2042 Yes
UK Shares Yes Yes Yes Yes
US Shares Yes Yes Yes Yes
German Shares Yes Yes Yes Yes
Japanese Shares Yes Yes Yes Yes
Risk Warning Visit Roboforex
Losses can exceed deposits
Visit IC Markets
Losses can exceed deposits
Visit eToro
77% of retail investor accounts lose money when trading CFDs with this provider.
Visit XM
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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 Traders Rating

RoboForex CopyFX Trading Platform

Copy trading, also called social trading, has greatly grown in the last year.

Listening to what their customers want RoboForex released the CopyFX trading platform.

The RoboForex CopyFX platform allows traders to monitor, follow and copy the Forex trades of more experienced traders who can demonstrate a history of profitable trading to other traders in the RoboForex CopyFX community.

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

To create a RoboForex CopyFX account, traders must register with RoboForex and go to their member's accounts area, available on the RoboForex.com website. Here you will see a link to open a RoboForex CopyFX Trader account. The CopyFX system is based on the MT4 trading platform.

RoboForex CopyFX Leverage Trading

Several trading leverage options are available when creating your RoboForex CopyFX account. CopyFX leverage options 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.

To illustrate what this leverage means, if a trader trades with a 1:500 leverage and trades with a deposited 100 USD, that trader can trade to the value of 50,000 USD. Understand that leverage is very high risk and is only meant for experienced traders, as the risk of loss is high.

Selecting a RoboForex CopyFX Trader to Copy

RoboForex CopyFX Trader Rating

RoboForex CopyFX traders can be compared by rating and the profit indicator. CopyFX traders with a history of high profitability are good. Using a copy trading strategy will mean increased risk, so all data has to be considered to see if it matches your investment strategy. 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 trading. The time a CopyFX trader has successfully been trading without losses is essential when picking a CopyFX trader.

Correlate this with your market research. You need to look for stability in a CopyFX trader. Only consider traders who have a 6-month history of successful trading.

RoboForex CopyFX Trader Max Drawdown

The max drawdown of a CopyFX trader lets you know the maximum drawdown in equity in per cent form when compared to their deposited amount. This max drawdown per cent value helps you understand the level of risk the trader is trading with. The larger the max drawdown per cent, the higher the risk.

Copying the trades of a CopyFX trader with a max drawdown over 50% is considered high risk. CopyFX trades with a max drawdown of around 30% are considered moderate risks. These values are just indicators; you must do your due diligence regarding the real risk levels.

RoboForex CopyFX Trader Deposited Balance

The CopyFX platform lets you see the trader's current trading balance and available capital. If a CopyFX trader has a lot of money invested in a trade, this can indicate how serious and committed they are to that specific investment strategy. If a CopyFX trade only has 100 USD invested in a trade, why would you invest 10000 USD? Also, a lower trade balance indicates a CopyFX trader considers that trade higher risk.

RoboForex CopyFX Trader Number of Subscribed Traders

The RoboForex CopyFX system lets you see the number of subscribed followers copying a CopyFX trader. You can also see all subscribers' total portfolio fund value in USD. The number of subscribers and total fund value shows that a CopyFX trader has a lot of interest in their trades.

Roboforex CopyFx Traders

How Copy Trading Works on RoboForex CopyFX

When you have shortlisted a few potential CopyFX traders that match your investment strategy, setting up copy trading can be done in a matter of seconds. Each CopyFX trader charges differing fees, usually a % of any profit they make you. Also, CopyFX traders have a minimum deposit requirement that you must meet to copy their trades. Check you are happy with all the terms and set your trading limits.

Copying a RoboForex CopyFX Trader can be stopped anytime by unsubscribing your subscription to that CopyFX trader.

Copy trading with RoboForex CopyFX is not just subscribing and forgetting. You must continue to monitor the markets and all the traders you are copying. These are live financial markets, and historical trading success does not guarantee future success. Copy trading is high risk.

Roboforex CopyFx Copy Trade

Roboforex review
Roboforex R StocksTrader

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 cryptocurrencies, 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

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

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

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

Roboforex R StocksTrader Trading 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

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

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 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 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 Zero spread account
  • Roboforex ECN account
  • Roboforex STP account
  • Roboforex Islamic account

Roboforex Account Type Features Summary

RoboForex Account Types

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 currencies and 28 pairs of currencies Metals, CFDs on US stocks, CFDs on Indices, CFDs on Oil, and Cryptocurrencies are some things you can trade.
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 and Cryptocurrencies.
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, cryptocurrency and 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, cTrader, WebTrader, iOS App, Android App
Available Financial Instruments 36 pairs of Forex currencies, Metals, CFDs on US stocks, CFDs on Indices, CFDs on Oil, and Cryptocurrencies financial instruments.
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 has the fastest order execution speed and the best trading conditions.

RoboForex ECN Trading Platforms MT4, MT5, cTrader, WebTrader, iOS App, Android App
Available Financial Instruments 36 pairs of Forex currencies, Metals, CFDs on US stocks, CFDs on Indices, CFDs on Oil, and Cryptocurrencies financial instruments.
Min Deposit 10 USD / 10 EUR
Spread from 0 PIPs
Max Leverage 1:500
Bonuses RoboForex Deposit Bonus not available but loyalty Offers are for RoboForex 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 Credit cards
  • Roboforex accepts VISA
  • Roboforex accepts MasterCard
  • Roboforex accepts JCB
  • Roboforex accepts Debit cards
  • Roboforex accepts Bank Transfer
  • Roboforex accepts Electronic wallets (eWallets)
  • Roboforex accepts Neteller
  • Roboforex accepts Skrill
  • Roboforex accepts Perfect Money
  • Roboforex accepts AdvCash
  • Roboforex accepts Bitcoin
  • Roboforex accepts WebMoney
  • Roboforex accepts BPAY
  • Roboforex accepts China UnionPay
  • Roboforex accepts FasaPay
  • Roboforex accepts CashU
  • Roboforex accepts QIWI
  • Roboforex accepts Yandex Money
  • Roboforex accepts WeChat Pay
  • Roboforex accepts ecoPayZ
  • Roboforex accepts AstroPay
  • Roboforex accepts Sofort
  • Roboforex accepts Giropay
  • Roboforex accepts Poli
  • Roboforex accepts Wepay
  • Roboforex accepts iDEAL
  • Roboforex accepts Payoneer
Broker Roboforex IC Markets eToro XM
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes Yes No
Skrill Yes Yes Yes Yes
Payoneer Yes No No Yes
Neteller Yes Yes Yes Yes

*please note available Roboforex and other broker payment methods depend on the clients country of residence.

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 1,000,000 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.

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

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.

Education Resources at Roboforex

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 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

Broker Roboforex IC Markets eToro XM
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, German, Spanish, French, Italian Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish
Learn More Visit Roboforex Visit IC Markets Visit eToro Visit XM
Risk Warning Losses can exceed deposits Losses can exceed deposits 77% of retail investor accounts lose money when trading CFDs with this provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

What you will need to open an account with Roboforex

As Roboforex is regulated by RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. 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 June 04, 2023.

Watch this Roboforex Explainer Video

Is Roboforex A Good Broker?

We have spent over 5 years examining Roboforex in depth. Although Roboforex are not perfect; we found many really useful aspects with the overall offering from Roboforex. Our personal experience of trading with Roboforex was very good. Weighing up many points,Roboforex is a good broker.

  • Roboforex have a good track record of offering Forex, CFDs.
  • Roboforex has a history of over 14 years.
  • Roboforex has a reasonable sized customer support of at least 10.
  • Roboforex are regulated by the RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund. Roboforex is subject to strict regulatory oversight from its respective jurisdiction, which holds Roboforex (the broker) accountable for misconduct. This regulatory framework helps ensure that Roboforex operates fairly and transparently and provides Roboforex customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and Roboforex.
  • Roboforex have regulation from reputable regulators.
  • One of the advantages of using Roboforex is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from Roboforex are particularly important as Roboforex traders want to receive their money quickly. With the efficient Roboforex payment processing system, traders can enjoy faster access to their Roboforex funds.
  • Roboforex have an international presence in multiple countries. Including local Roboforex seminars and training.
  • Roboforex can hire people from various locations in the world who can better communicate in your local language.

Roboforex Risk Disclosure

Losses can exceed deposits

Trading Risk Disclaimer

Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.

You will be exposed to a high risk of loss regarding leverage and margin-based trading.

Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.

It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.

Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.

Roboforex not quite right?

If after reading this Roboforex review, Roboforex does not fulfill your needs check out these Roboforex Alternatives.

Click here to view the best Roboforex Alternatives

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After extensive research over several years, we have compiled a list of the most effective Roboforex alternatives available today. If you are unsatisfied with Roboforex or want to explore other options, we recommend checking out our carefully curated list of highly-rated Roboforex alternatives. Follow the links below to learn more about these Roboforex broker alternatives and choose the one that best suits your trading needs.

Related Roboforex Vs Comparisons

Throughout our comprehensive Roboforex review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.

If you're interested in comparing Roboforex against other popular brokers in the industry, check out our Roboforex Vs pages. Our team has compiled a series of detailed Roboforex comparison articles, pitting the Roboforex platform against some of the best-rated Roboforex competitors in the market. Dive into our informative Roboforex Vs pages below to find out how Roboforex stacks up against other leading brokers.

Roboforex review
ROBOFOREX Frequently Asked Questions

Read our detailed Roboforex FAQ Section updated for 2023.

Can I try Roboforex?

Roboforex offer a demo account so you can try the Roboforex platform with virtual trading before you put down a payment. Virtual trading with Roboforex is zero risk. Learn more here

What funding methods do Roboforex accept?

Please note that the list of payment methods below depends on the Roboforex Entity and the client's Country of Residence.

Roboforex offer the following funding payment methods Credit cards, VISA, MasterCard, JCB, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Perfect Money, AdvCash, Bitcoin, WebMoney, BPAY, China UnionPay, FasaPay, CashU, QIWI, Yandex Money, WeChat Pay, ecoPayZ, AstroPay, Sofort, Giropay, Poli, Wepay, iDEAL, Payoneer, among other payment methods.
Learn more here

Losses can exceed deposits

Is Roboforex safe?

Roboforex have over 1,000,000 users. Roboforex are considered reliable as they are regulated by and checked for conduct by the RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund. Any payments funded to Roboforex accounts by traders are held in a segregated bank account. For added security,Roboforex use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with Roboforex is risky, and because the market is so volatile, losses could happen at any time.

Losses can exceed deposits

Is Roboforex trading good?

Roboforex is considered good and reputable to trade with Roboforex. Roboforex is used by over 1,000,000 traders and Roboforex users. Roboforex offers Forex trading, and CFDs trading. Minimum deposit with Roboforex is 10.

Is Roboforex trading Legit?

Roboforex was founded in Belize in 2009. Roboforex has been facilitating trade on the financial markets for over 14 years. Roboforex offers clients Forex trading, and CFDs trading. All funds deposited to Roboforex are held in segregated bank accounts for security. Roboforex is regulated by RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund so can be considered legit.

Is Roboforex a good broker?

Roboforex allows Forex trading, and CFDs trading. Roboforex is overseen by the top tier financial regulators RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund so can be considered a good broker.

Is Roboforex trustworthy broker?

Roboforex is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to Roboforex, money is in a segregated bank account that is separate from Roboforex company's funds. As a regulated broker, Roboforex cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by Roboforex. Instead, your Roboforex funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with Roboforex. Also Roboforex is regulated in its local jurisdictions including major financial regulators like RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund.

What is the minimum deposit for Roboforex?

The minimum deposit to trade with Roboforex is 10.

How long do Roboforex withdrawals take?

Withdrawing money from Roboforex processing time varies depending on the method but averages 1-5 days.

Is Roboforex regulated?

Roboforex is regulated by the RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund. Regulatory bodies conduct regular reviews and audits as part of Roboforex maintaining their regulatory status. You can learn more about these reviews on the regulator websites.

Is Roboforex a market maker?

Roboforex is a market maker. Stocks, currency and other commodities and instruments will be brought or sold by Roboforex even if no buyer or seller is lined up.

How can I start trading with Roboforex?

When opening a trading account with Roboforex, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on Roboforex trading platforms, you can follow the link provided below: Learn more about signing up with the Roboforex trading platform here. This will provide useful information and insights into the various trading platforms offered by Roboforex, enabling you to make an informed decision about which platform to choose for your trading needs.

Is my money safe with Roboforex?

Yes your money is safe with Roboforex.

Overall, strict financial regulation is essential for ensuring that trading platforms like Roboforex operate fairly, transparently, and responsibly, which ultimately benefits all Roboforex stakeholders involved.

Trading platforms like Roboforex must have strict financial regulation for several reasons:

  • Protecting Roboforex Investors: Strict financial regulation ensures that investors who use the Roboforex trading platform are protected against fraudulent or unethical behavior by the Roboforex platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the Roboforex platform.
  • Maintaining Roboforex Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the Roboforex trading platform. Regulatory procedures reduce the likelihood of the Roboforex platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
  • Enhancing Roboforex Transparency: Regulations require trading platforms like Roboforex to maintain detailed records and disclose Roboforex client information. Financial regulatory requirements enhances transparency and helps to build trust between the Roboforex platform and its investors.

Roboforex is regulated by the RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund. When selecting a broker such as Roboforex, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, Roboforex ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like Roboforex.

Is Roboforex a con?

Roboforex is regulated and well established, having been in business for over 14 years. Roboforex is not a con.

Can you make money with Roboforex?

Although traders have had great success with Roboforex, trading on the financial markets with Roboforex is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Losses can exceed deposits.

Does Roboforex have fees?

Roboforex withdrawal fees vary on payment method.Roboforex doesn't charge inactivity fees. Roboforex doesn't charge deposit fees.

When was Roboforex founded?

Roboforex was founded in 2009.

How many people use Roboforex?

Roboforex is used by over 1,000,000 registered Roboforex users.

What is Roboforex Headquarters country?

Roboforex has its head quarters office in Belize .

Does Roboforex offer negative balance protection?

Roboforex does not offer negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.

Does Roboforex offer guaranteed stop loss?

Roboforex does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does Roboforex allow scalping?

Roboforex offers scalping.

Does Roboforex allow hedging?

Roboforex offers hedging.

Does Roboforex offer CFD trading?

Roboforex offers CFD trading.

Does Roboforex offer STP?

Roboforex offers STP trading.

How many people use Roboforex?

Roboforex is used by over 1000000 Roboforex users and traders.

Is Roboforex an ECN broker?

Roboforex offers ECN trading.

Does Roboforex offer a demo account?

Roboforex offers a demo account.

Does Roboforex offer an Islamic account?

Roboforex offers an Islamic account.

What are the funding methods for Roboforex?

Please note that funding methods and options available with Roboforex can be found in the Roboforex Members area and depend on the Roboforex clientโ€™s country of residence. Please check your specific available payment methods on the Roboforex website. Roboforex accept the following funding methods : Credit cards, VISA, MasterCard, JCB, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Perfect Money, AdvCash, Bitcoin, WebMoney, BPAY, China UnionPay, FasaPay, CashU, QIWI, Yandex Money, WeChat Pay, ecoPayZ, AstroPay, Sofort, Giropay, Poli, Wepay, iDEAL, Payoneer, .

Roboforex review written by Andrew Blumer and Mark Hansen

We hope you found our review of the Roboforex brokerage firm useful.

This article was written by our financial editors, Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years of experience in financial analysis, forecasting, and financial modelling, identifying new market opportunities in Stocks, CFDs, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

Roboforex review written by Mark Hansen of Comparebrokers.co