Roboforex Rated 4/5

Roboforex Guide - Read our In Depth 2021 Roboforex Review

RoboForex is a leading online trading platform offering one of the fastest Stocks, Indices, Forex, commodities, ETFs, CFD and cryptocurrency trading platforms available. RoboForex offer some of the most competitive tight spreads from 0 pips and are known for there very fast order execution when compared to many other leading brokerages. RoboForex offer their traders a wide range of bonus programs and promotional offers including a 15% cashback offer. RoboForex offer negative balance protection and leveraged trades upto 1:2000.

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

Benefits of Trading with Roboforex

Roboforex Review 2021 Quick Summary
💰 Min Deposit 1
👱‍♂️ Used By 10,000 Roboforex users and traders
📆 Founded 2009
🌍 HQ Cyprus
👮‍♂️ Regulation Cyprus Securities and Exchange Commission (CySEC)
🚫 Excluded Countries Roboforex is not available in the following countries : US, JP

Open Roboforex's Website

Losses can exceed deposits


learn more Learn more about Roboforex.
Losses can exceed deposits

What is Roboforex?

Roboforex are a global online financial trading platform and multi asset broker founded in 2009

Over 12 years later Roboforex has grown to offering retail investors Forex trading, and CFDs trading.

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

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

We will dive deep in this Roboforex review and assess how well the Roboforex platform functions in its role as an international multiple financial asset trading platform for traders in 2021.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. Choosing an online broker like Roboforex can be difficult. For a beginner, the first few hurdles can come in the form of what appears to be a complex mobile or online trading platform, hard to understand investment terminology and confusing fee structures. In our review of Roboforex we breakdown the pros and cons. What Roboforex are able to offer, what countries Roboforex are available in. Who Roboforex are regulated by and more.

Roboforex Review Screenshot

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

This is why we have taken the time to review only the best brokerage firms, their practices, their fee structure and all other important aspects. We want you to evaluate and analyse and trust your hard-earned cash with only the safest and best of brokers. We hope you find this Roboforex review useful.

This review of the Roboforex platform is very detailed. If you are interested in trading with Roboforex in any capacity please take the time to read and research the whole Roboforex review.

We have tried to explain the ins and outs of financial trading through the Roboforex platform as plainly as possible so that you the trader are as informed as possible before you start to use the Roboforex trading tools and depositing and withdrawing funds from Roboforex.

Investing online can be just as risky as any other kind of offline investment. As with any investment, it is important to know and research the company you are dealing with. When trading financial assets with Roboforex like Forex trading, and CFDs trading. you should have confidence in Roboforex and know that the management of your financial investments on the Roboforex platform are in good hands.

At the bottom of this Roboforex review you can also learn about some pretty good alternatives to Roboforex

With this Roboforex review we hope to help you see if Roboforex is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Roboforex that will help you get off to a good start in the world of online trading.

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. An asset in financial investment, is any security or asset, tangible or intangible, that has a financial value attached. 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.

With Roboforex you will need a minimum deposit of $1. 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 choosing a broker like Roboforex the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2009, and in operation for 12 years Roboforex have a head office in Cyprus.

Roboforex is regulated. This means Roboforex are supervised by and is checked for conduct by the Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Roboforex, this will be honored. If Roboforex violate any regulatory rules their regulated status could be stripped.

Losses can exceed deposits

Is my money safe with Roboforex?

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 banks financial health and strength.

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

A Tier 1 bank is considered the safest and most secure regarding client capital. Tier 1 is actually a term describing the financial strength of a bank. A Tier 1 bank has strong core capital reserves and financial regulators utilize tier one banks because they are able to withstand unexpected financial losses.

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

Having any money you deposit with Roboforex means that your funds are safe in a bank that has enough capital to accommodate your withdrawal wishes even if Roboforex goes out of business for some reason.

Therefore, we can safely conclude that Roboforex is secure and safe.

That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform.

While trading in financial investments, losing money rapidly due to trading Forex, CFDs is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility. Roboforex also clearly state on their platform that Losses can exceed deposits.

Now that we have answered some important questions regrding Roboforex. let us look at the Roboforex features in more detail.

Try creating two accounts when you are working with Roboforex. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

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 eToro XTB IC Markets
Year Established 2009 2007 2002 2007
Head Office Cyprus Cyprus, UK Poland Australia
Regulation Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Used By 10,000+ Roboforex users 20,000,000+ eToro users 250,000+ XTB users 180,000+ IC Markets users
Negative balance protection No Yes Yes Yes
Guaranteed Stop Loss No No No No
Learn More Visit Roboforex Visit eToro Visit XTB Visit IC Markets
Risk Warning Losses can exceed deposits 67% of retail investor accounts lose money when trading CFDs with this provider. 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. Losses can exceed deposits

Roboforex review
Roboforex Pros and Cons

What we like about Roboforex

  • Used by over 10,000 Roboforex users and traders
  • Established in 2009
  • Regulated by Cyprus Securities and Exchange Commission (CySEC)
  • Min. deposit from $1

What we don't like about Roboforex

Roboforex review
Roboforex Regulation and Licensing in more detail

We have checked and Roboforex is regulated and supervised by reputable organisations. You are able to check every Roboforex supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with Roboforex. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria for license approval, this is determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect Roboforex traders and provide a safe trading environment. Financial regulation and license approval is essential.

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

Is Roboforex Global?

Yes, Roboforex is global as Roboforex is available in over 193 countries.

Roboforex is a global trading platform in the sense that it operates in 193 countries including nations in Europe, Asia, Oceania, and Africa. Major countries Roboforex covers include the UK, Germany, Australia, South Africa, Thailand, and China. Roboforex has a total of more than 10,000 users. Commendable figures from Roboforex.

Roboforex review
Roboforex Awards

Roboforex have won numerious industry awards over the 12 years they have been operating as a financial broker. We list the most notible awards and mentions for Roboforex below.

  • Best Global Forex 2019 Award winner
  • Manchester Investor Show Best Crypto Broker Winner 2018
  • London Investor Show Safest Broker 2018
  • IAFT The Best ECN Broker 2016
  • Fastest Growing Forex Brand Asia 2014
  • Best Standard Forex Broker Award in 2014
  • Best ECN Broker Award in 2013
  • Best Forex News and Analysis Provider Award in 2013
  • Best Retail Forex Brand in Russia Award in 2013
  • Best Retail Forex Broker Award in 2013
  • Best Execution Broker in Eastern Europe Award in 2013
  • Fastest Growing ECN Broker in Eastern Europe Award in 2012
  • Best Forex Broker for Automated Trading Award in 2012
  • Best Broker for Forex Robots and Advisors Award in 2012

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.

Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company. Brokers may charge clients various trading fees that you need to be aware of as they may affect your bottom line.

How Roboforex Fees Compare Against Other Brokers

Broker Roboforex eToro XTB IC Markets
Min Deposit 1 50 0 200
Withdrawal Fees Yes Yes varies No
Inactivity Fees No Yes Yes No
Deposit Fees No No No Varies
CFD Commission Fees No Yes Yes Yes

Roboforex Minimum Deposit

Roboforex require a minimum desposit of 1 GBP/USD 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.

Dont be scared off by brokers like Roboforex charging a minimum deposit to open a trading account. Brokers that charge higher minimum deposits often offer additional premium services on there platforms that are not available for free on other platforms.

Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.

Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other trading fees may be higher with a low minimum deposit account.

Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.

As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.

Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.

Roboforex Withdrawal Fees

Roboforex withdrawal fees vary depending on your selected withdrawal payment method.

Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.

This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees, processing times and a potential currency conversion fee. The Conversion fee is dependant on your base currency, your recieving currency, your payment provider.

Roboforex for example allow 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.

An account inactivity fee is a fee charged to the registered brokerage client.

Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.

If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.

Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.

If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.

Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.

Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.

Roboforex Desposit Fees

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

You must always review deposit fees as some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.

Roboforex Commission Fees

Roboforex does not charge commission on CFD instruments.

A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.

A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.

Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.

Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.

If a market order is not fulfilled by your brokerage usually no commission is charged.

Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.

Roboforex review
What can you trade with Roboforex?

Be aware that Different entities under Roboforex Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

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

If you are looking for Forex brokers to trade currency pairs on global Forex markets Roboforex offer over 35 currency pairs.

Compare Roboforex with eToro and XTB below.

Losses can exceed deposits

How Roboforex Trading Options Compare Against Other Brokers

Broker Roboforex eToro XTB IC Markets
Instruments Available 100 2000 4000 232
Platforms MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac
FX / Currencies        
Forex pairs offered 35 50 57 65
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 Yes
Commodity CFDs        
Commodities Offered 21 31 21 19
Metals Yes Yes Yes Yes
Energies No Yes Yes Yes
Agricultural No Yes Yes Yes
Indiced & Stock CFDs        
Stocks Offered 0 2042 1696 110
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 eToro
67% of retail investor accounts lose money when trading CFDs with this provider.
Visit XTB
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.
Visit IC Markets
Losses can exceed deposits

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.

Roboforex is one of a handful of brokers that offer the cTrader platform developed for traders. For a list of forex brokers that offer the cTrader platform, check out our comparison of MT4 brokers.

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 making it easier to keep an eye on and execute your trades while you’re on the move.

See Roboforex's platforms

Is the Roboforex Trading Platform Secure?

Roboforex safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. Roboforex also urges its clients through its web platform to always look for the SSL security sign (a lock sign) o the browser while operating Roboforex.

Roboforex Trading Platform Options

Once you have logged into your Roboforex account you will see the below trading platform options available to you.

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

Lets 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 refered to as social trading has seen huge growth 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 are able to 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 from all over the world.

To create a RoboForex CopyFX account traders need to register with RoboForex and go to their members accounts area, which is 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

When creating your RoboForex CopyFX account you have several trading leverage options available. 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 the trader trades with a deposited 100 USD, that trader is able to trade to the value of 50,000 USD. Understand that using 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 profitablity is good by this will usually mean that there is 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 number of days a CopyFX trader has been trading. The length of time a CopyFX trader has sucessfully been trading without any losses is an essential consideration when picking a CopyFX trader.

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

RoboForex CopyFX Trader Max Drawdown

The max drawdown of a CopyFX trader lets you know the maximum drawdown in equity in percent form when compared to their deposited amount. This max drawdown percent value helps you understand the level of risk the trader is trading with. The larger the max drawdown percent 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 own due dilligence as to the real risk levels.

RoboForex CopyFX Trader Deposited Balance

The CopyFX plaform allows you to see the traders current trading balance and available capital. If a CopyFX trader has allot of money invested in a trade, then 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 then why would you invest 10000 USD? Also lower trade balanced indicate a CopyFX trader considers that trade higher risk.

RoboForex CopyFX Trader Number of Subscribed Traders

The RoboForex CopyFX system lets you see the total number of subscribed followers that are copying a CopyFX trader. You can also see the total portfolio fund value of all of those subscribers in USD. The number of subscribers and total fund value of the subscribers shows that a CopyFX trader has allot of interest in his or her 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 has differing fees they charge, 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 at any time by unsubscribing your subscription to that CopyFX trader.

Copy trading with RoboForex CopyFX is not subscribe and forget. 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 any future success. Copy trading is high risk.

Roboforex CopyFx Copy Trade

Roboforex review
Roboforex R StocksTrader

Roboforex R StocksTrader

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

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

The Roboforex R StocksTrader platforms allows modern traders to trade cryptocurrencys, 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 web and mobile devices.

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

Roboforex R StocksTrader Research Tools

Roboforex R StocksTrader Research Tools

If you are serious about trading you will need to make sure you 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 very fast responsive and are 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 indepth Time and sales data which allows R StocksTrader users to examine every last detail of a financial asset. This 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 going back to 1970.

Roboforex R StocksTrader Watchlists

Roboforex R StocksTrader Watchlists

When researching and monitoring the financial markets the Roboforex R StocksTrader Watchlists come in really handy. Not only can you see the Top Winning financial assets and the Top losing financial assets by class and asset type you can also built your own custom watchlists. These R StocksTrader watchlists allow you to keep a quick eye on certain groups of financial assets of your choosing. Say you have seen allot of trending social media or forum posts on particular financial assets. Its 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 trading platforms that are able to provide "One click trading". More experienced traders for the majority of their trades at a certain point in time 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. If you are trading frequently using One click trading on the Roboforex R StocksTrader platform can be of great use.

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 touch screen 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 own 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 that comes with 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 totally free and can be tried and tested on both live and demo R StocksTrader accounts.

The R StocksTrader Automated Strategy templates are able to make use of extensive financial market data going as far back as 1970. The Roboforex R StocksTrader automated strategy gives users allot of flexibility to create edit and test strategies at will. The Roboforex R StocksTrader automated strategy builder is definitely something to try.

Roboforex review
Roboforex MetaTrader 4 (MT4)

Roboforex MetaTrader 4

MetaTrader 4 also known as MT4 is the number one trading platform on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to ful fill all of your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.

Understand that the MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements with Roboforex. You can learn more about the MT4 Platform 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 PC's and Apple Macintosh computers. Roboforex MetaTrader 4 is compatible with the latest macOS Mojave. Roboforex allows traders to trade on mobile devices through Android and IOS devices like the iPhone.

Metatrader 4 Webtrader on Roboforex

MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators. You can enjoy our Raw Pricing trading environment without a Dealing Desk from anywhere in the world.

Trade Roboforex MetaTrader 4 on IOS Devices

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

Download the Metaquotes MetaTrader 4 Program for free of charge from Apple's App Store. Roboforex customers have instant access to this Financial markets, with the ability to completely manage a Portfolio on the go.

Trade Roboforex MetaTrader 4 on Android Devices

Andorid mobile devices and tablets are used by millions of people globally. Roboforex provides its clients access to the MetaTrader 4 platform on Android supported devices so that customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android Roboforex MetaTrader 4 Android application enable traders to make the most of multiple advanced trading features which enables them to monitor and trade Forex quickly on the go, simply and securely.

Trade Roboforex MetaTrader 4 Trading Central

Trading Centrals Alpha Generation Indicators is a Bundle of three Major indicators including:

  • Analyst Perspectives - A go-to resource for leadership and key levels.
  • Adaptive Candlesticks - Identifies chart patterns which illustrate important changes in demand and supply.
  • Adaptive Divergence Convergence (ADC) - Much like MACD however useful at shorter lengths and provides more timely signs.

Roboforex MetaTrader 4 Advanced Trading Tools

The Roboforex advanced trading tools for MetaTrader 4 are aimed at improving the total trading experience and providing traders with a competitive advantage. Roboforex offers access to 20 exclusive tools which includes feature rich trade execution & management programs, sophisticated notification alarms, messaging facilities, innovative market data & more.

Trade Roboforex MetaTrader 4 MultiTerminal

MetaTrader 4 MultiTerminal provides a intuitive easy to use dashboard where traders can administer and supervise several trading accounts. MultiTerminal will let you manage over 100 Accounts simultaneously allowing you to place market orders, pending orders, view live market prices and track all accounts and equity at real time. All Trading accounts must be in on the same MetaTrader server. MultiTerminal doesn't support Automated Trading scripts like Expert Advisors.

Roboforex MetaTrader 4 & MetaTrader 5 AutoChartist

Roboforex Autochartist provides the world's first Market Scanner available for MT4 & MT5 using a non-trading Expert Advisor script. Scan markets for trading opportunities while viewing all symbols and time intervals from a single graph. Gone are the days of launching a lot of graphs on which you can't remember which currency you're taking a look at. Autochartist offers a simple user interface that can be customized to suite how you like to trade.

Roboforex review
Roboforex MetaTrader 5 (MT5)

Roboforex MetaTrader 5

MetaTrader 5 also known as MT5 is a multi asset trading platform that provides a wide range of trading features and financial research tools, MT5 also allows the use of automated trading systems (trading robots) and copy trading. New features like additional timeframes and advanced charting tools can give you a competitive advantage in the financial markets.

MetaTrader 5 was released in 2010 and is the updated version of MetaTrader 4.

MetaTrader 4 was built specifically to trade Forex and CFDs, MetaTrader 5 on the other hand facilitates trading of Forex, Futures, Stocks, Algorithmic Trading, ETFs and Indices.

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. It features a huge 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 analyse the financial markets.

Roboforex review
Roboforex MT5 Buying and Selling

IC Markets MetaTrader 5 Buying and Selling

Roboforex MetaTrader 5 on IOS Devices

Roboforex MetaTrader 5 Can Operate on the and newer IOS devices like the iPhone and iPad. MetaTrader 5 requires a mobile internet connection or a connection to Wi-Fi. It's suggested that you 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

MetaTrader 5 for Android may be used on a Android smartphone or a tablet powered by the Android 5.0 or higher operating system. Additionally, to connect to Roboforex trading server. Take the time to understand all of the Android MetaTrader 5 features. With Metatrader 5 for Android you can trade a selection of financial instruments at any time, in any place.

Roboforex Metatrader Mobile Application Features

MetaQuotes the developers of Metatrader have listened to the feedback of their millions of users and have built the most popular mobile trading platform in the world. MetaTrader features include :

  • Financial instrument quotes
  • View in depth price charts of financial instruments
  • Manage trades and open positions
  • View your trading history
  • View market news
  • MetaTrader internal messaging
  • View and research market statics of Roboforex financial instruments
  • Position opening and closing
  • Lookup symbols in the quotes section
  • Display of deals on graphs
  • Timeframe selection for graphs and charts
  • Additional vertical scaling of graphs
  • Capability to transfer 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

Roboforex MetaTrader 5 Advanced Trading Tools

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

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

Roboforex review
Roboforex cTrader

Roboforex cTrader

CTrader is a comprehensive trading platform solution for Forex and CFD brokerages to provide to their traders. The platform is packed with a complete variety of features to cater to each and every investment taste imaginable.

The cTrader Premium Charting and Manual Trading Platform available on Roboforex

cTrader is a top multi-asset Forex and CFD trading platform. cTrader offers advanced order types, charting tools, amount II pricing, and quick entry and execution. Using a amazing looking layout and dashboard, it is linked to state of the art infrastructure, that can be accessed from many devices.

IC Markets cTrader

cTrader Copy available on Roboforex

CTrader Copy empowers everyone on the platform to share their investment strategy and to share their trading strategy for a fee or commission. Other dealers can search and replicate the approaches available, and revel in a commitment-free investing. Furthermore, traders can use their own risk management configurations.

IC Markets cTrader Copy Trading

cTrader Automate available on Roboforex

CTrader Automate provides traders the ability to create algorithmic trading robots to automate financial trading plans. Dealers can use cTrader's contemporary C# API to write code within the IDE, the IDE allows developers optimize and test their financial robots.

cTrader Open API available on Roboforex

Build your own software using cTraders Open API. It is a free, secure and publicly available API for all. Developers can take advantage of cTraders mature infrastructure to construct desktop, mobile and online software. The open API allows developers to interact and interface with any cTrader account.

You can learn more about the cTrader Platform Here.

Roboforex Trading benefits

  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit

Roboforex Trading Accounts Offered

Below we give an overview on 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.

  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • STP account
  • Islamic account

Can I try Roboforex before I buy?

Roboforex offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

Losses can exceed deposits

Roboforex withdrawal and funding methods

Please note that the list of Roboforex payment methods below depend on the Roboforex Entity and the Clients Country of Residence.

All available Roboforex payment methods available to you can be found in your Roboforex members area checked on the Roboforex website.

Roboforex offer the below funding payment methods. You can use any of the below deposit options if available in your region. learn more about Roboforex

Roboforex Payment Methods

  • 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 eToro XTB IC Markets
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes Yes Yes
Skrill Yes Yes Yes Yes
Payoneer Yes Yes Yes No
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?

When opening a trading account with Roboforex, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Roboforex trading platforms here. You will need to provide some basic documentation to prove your identity as part of Roboforex onboarding and normal KYC identity checks. These checks are standard practice and help Roboforex provide a safe financial environment for their 10,000 users.

Losses can exceed deposits

Performing trades with Roboforex

Roboforex allow you to execute a minimum of trade of 0.01 Lot. This may vary depending on the account you open. Roboforex allow you to execute a maxium trade of 100 Lot. As Roboforex offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you‘re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the instruments.

CFD Trading on Roboforex

let's take a look at some of the basics of using Roboforex leverage.

Roboforex offer CFD which are a leveraged product for this example we describe ten times leverage.

So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. This is your leverage.

So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.

Roboforex leverage magnifies both profits and losses when trading.

Let's say for example you buy ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) using the Roboforex trading platform.

let's say General Electric (GE) rises 10% because its results are positive your position which was worth ten thousand dollars is now worth $11,000.

It's grown by $1000 10% in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade.

Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent.

The Roboforex leverage goes both ways. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. It has fallen by a thousand dollars.

Roboforex CFDs are typically used for short to medium term trades. For example Roboforex intraday CFD trading. Although high risk because CFD trades are separate from the financial markets, a CFD trade can be more flexible than a traditional market trade where you own the underlying asset. CFD trades give access to CFD fractional shares, CFD international markets and CFD short selling. More advanced traders can also use CFDs to hedge.

Always be aware that CFDs are complex instruments and come 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

A stop-loss order is an order placed with a broker like Roboforex to buy or sell once the stock reaches a certain price. A stop-loss is designed to limit a traders loss on a security position.

Most traders need to use stop losses to protect themselves from huge risk unless the trade is hedged against another trade or the trader is not using leverage. Circumstances differ depending on the trade and the markets.

Education resources at Roboforex

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

Roboforex offer a good selection of educational resources. Take your time, learn how the financial markets move. Take the time to learn how your trading platform works. Make buy and sell trades, learn how to take advantage of global trading times and most importantly learn how to mitigate and manage investing risk.

Having an analytical approach may be a good way to approach trading with Roboforex.

Take time to look around the Roboforex platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at Roboforex

As part of our Roboforex review we review customer service options, response times and Roboforex trading platform problem resolution effectiveness.Roboforex support a wide range of languages including English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian.

Roboforex have a double AA grade support rating because Roboforex offer live chat and email support in multiple languages.

Livechat Support at Roboforex

Roboforex does not offer LiveChat Support.

Email Support at Roboforex

We sent several emails to Roboforex and answer times overall were excellent. The fastest response from Roboforex was less than 15 minutes and the slowest response was 7 hours. Support response times may vary for you with Roboforex, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall very good email support from Roboforex.

Phone Support at Roboforex

We called Roboforex and the call was answered very quickly. The call was answered in less than 5 minutes.

The Roboforex phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual Roboforex team by calling in varying languages. Roboforex made an effort to make sure our queries were answered.

Overall great phone support from Roboforex.

See how Roboforex Support Compares Against Other Brokers

Broker Roboforex eToro XTB IC Markets
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, German, Spanish, French, Italian English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Learn More Visit Roboforex Visit eToro Visit XTB Visit IC Markets
Risk Warning Losses can exceed deposits 67% of retail investor accounts lose money when trading CFDs with this provider. 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. Losses can exceed deposits

What you will need to open an account with Roboforex

As Roboforex is regulated by Cyprus Securities and Exchange Commission (CySEC), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

Be aware that the expiration date of Proof of address document for different entities under Roboforex Brand may be different.

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.

While you might be able to explore Roboforex's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Roboforex you can visit the Roboforex trading platform here.

CFDs are leveraged products and can result in the loss of your 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 as investment advice. All information collected from http://www.roboforex.com/ on October 15, 2021.

Watch this Roboforex Explainer Video

Is Roboforex A Good Broker?

We spent over 3 months 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 12 years.
  • Roboforex has a reasonable sized customer support of at least 10.
  • Roboforex are regulated by the Cyprus Securities and Exchange Commission (CySEC). This means Roboforex fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • Roboforex have regulation from Tier 1 reputable regulators.
  • Roboforex has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • Roboforex have an international presence in multiple countries. This includes local Roboforex seminars and training.
  • Roboforex are able to 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 including crpytocurrency and foreign currency markets come with a very high level of risk. In regards to leverage and margin based trading you will be exposed to a high risk of loss. Some financial instruments and derivatives that are off exchange may offer varying leverage and may have limited regulatory protection and high market volatility. It should never be presumed that any investment products, techniques, indicators or any other presented resources will result in profits. You should be aware that investing may result in financial loss.

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

We have spent years researching the best alternatives to Roboforex. Click the links below to learn more.

If you feel some of the above Roboforex are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Roboforex alternatives below.

Related Roboforex Vs Comparisons

We have covered allot in this Roboforex review, If you want to see how Roboforex compares side by side with other brokers check out our Roboforex Vs pages.

If you would like to see how Roboforex stands up against other brokers you can read some of our Roboforex comparisons below. We compare side by side some of our top rated Roboforex versus comparisons. Read our indepth Roboforex VS pages below.

Roboforex review
ROBOFOREX Frequently Asked Questions

Read our detailed Roboforex FAQ Section updated for 2021.

Can I try Roboforex before I buy?

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 depend on the Roboforex Entity and the Clients 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 are considered safe as they are regulated by and checked for conduct by the Cyprus Securities and Exchange Commission (CySEC). 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 banks financial health and strength.

Losses can exceed deposits

Is Roboforex trading good?

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

Is Roboforex trading Legit?

Roboforex was founded in Cyprus in 2009. Roboforex has been facilitating trade on the financial markets for over 12 years. Roboforex offers clients Forex trading, and CFDs trading. All funds deposited to Roboforex are held in segregated tier 1 bank accounts for security. Roboforex is regulated by Cyprus Securities and Exchange Commission (CySEC) so can be considered legit.

Is Roboforex a good broker?

Roboforex is overseen by the top tier financial regulators Cyprus Securities and Exchange Commission (CySEC) so can be considered a good broker. Roboforex allows Forex trading, and CFDs trading.

Is Roboforex trustworthy broker?

Roboforex can be considered trustworthy. All money funded to Roboforex is placed into a segregated tier 1 bank account. this means your money in not held by Roboforex directly by a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also Roboforex is regulated by Cyprus Securities and Exchange Commission (CySEC).

What is the minimum deposit for Roboforex?

The minimum deposit to trade with Roboforex is 1.

How long do Roboforex withdrawals take?

Withdrawing money from Roboforex processing time varies but averages 2-5 days.

Is Roboforex regulated?

Roboforex is regulated by the Cyprus Securities and Exchange Commission (CySEC). 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 purchased by Roboforex even if no buyer is lined up.

How can I start trading with Roboforex?

When opening a trading account with Roboforex, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Roboforex trading platforms here.

Is my money safe with Roboforex?

Roboforex is regulated by the Cyprus Securities and Exchange Commission (CySEC). One of the most important criteria for traders when choosing a broker like Roboforex is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Roboforex, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is Roboforex a con?

Roboforex is regulated and well established having been in business for over 12 years. Roboforex is definitely 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 varies 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 10,000 registered Roboforex users.

What is Roboforex Headquarters country?

Roboforex has its head quarters office in Cyprus.

Does Roboforex offer negative balance protection?

Roboforex does not offer negative balance protection. With Negative balance protection means 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 guarenteed 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 10000 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 a Islamic accounts.

What are the funding methods for Roboforex?

Please note that funding methods and funding options available with Roboforex can be found in the Roboforex Members area and depend on the Roboforex client’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 editor 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 experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, 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