STP Brokers

STP means Straight-Through Processing and refers to the method of transferring retail trading orders straight to liquidity providers, without any dealing desk intervention. STP Forex brokers usually offer a transaction speed between 70 and 150 milliseconds...

RoboForex Review

 
RoboForex
Company
Trading info Account info
 
RoboForex

Broker Type:
RoboForex is an ECN/STP Forex Broker specializing in automated trading

RoboForex Affiliations:

RoboForex is not associated with other Forex Brokers.
RoboForex access liquidity using Currenex ECN systems
 
RoboForex Foundation:
RoboForex FoundationRoboForex is the Trading Name of RoboForex Ltd. The broker was founded in 2009 and went online in 2010.

RoboForex Regulation:
RoboForex is regulated by:
1) FSC 000138/7 (Belize)
This is a Balance for RoboForex
RoboForex Trading Time: EET
RoboForex VPS Offer:
RoboForex provide its clients with a free VPS forex hosting service operating 24/7
 
RoboForex Trading Spread:
RoboForex Trading Info
RoboForex offers a floating spread on EUR/USD (1.3 pip)
This is a Pro for RoboForex
RoboForex Leverage: RoboForex offers trading leverage 30:1 (EU) and higher
This is a Pro for RoboForex
RoboForex Commissions: RoboForex is charging no commissions on the tested account
This is a Balance for RoboForex
Scalping:
RoboForex allows scalping but only for ECN Pro Accounts
This is a Balance for RoboForex
RoboForex Trading Assets:
RoboForex Trading Assets

RoboForex offer:

1) 36 Forex pairs

2) Commodities, Energies, Metals

3) Stocks and indices

This is a Pro for RoboForex
 
RoboForex Account Currencies:
Accounts on RoboForex can be opened in EUR and USD
This is a Balance for RoboForex
Check RoboForex Rating
OnlineForex.Biz Rating 68.85%
 
 
» RoboForex Rating
RoboForex Headquarters:
RoboForex HeadquartersRoboForex has offices in Belize
This is a Pro for RoboForex
RoboForex Mobile Trader
Partner with RoboForex:

» RoboForex Affiliate program

RoboForex Trading Platforms:
RoboForex Trading InfoRoboForex offers,RoboForex Trader

■ MetaTrader-4

■ MetaTrader-5

■ RStocksTrader

■ WebTrader

This is a Pro for RoboForex
Mobile Platforms
:
RoboForex offers applications for iPhone, iPad, and Android mobile devices

Deposit Funds in RoboForex:
RoboForex New Account Information
The minimum deposit in RoboForex Brokers is from 10 USD to 100 USD
This is a Pro for RoboForex
 
Deposit Methods:
VISA AND MASTERCARDBANK WIRE
 
Withdraw Funds from RoboForex:
RoboForex is not charging any kind of commissions -No-
This is a Pro for RoboForex
Withdrawal Methods:
VISA AND MASTERCARDBANK WIRE
US Traders:
RoboForex Policy for US Traders
RoboForex forbids US traders
This is a Con for RoboForex Brokers
 
RoboForex Available Customer Service:
RoboForex Bonus / Rebate:
RoboForex Promotional Program
RoboForex offer a deposit bonus of 10% (at the time of the review)
This is a Pro for RoboForex
Open a New Account on RoboForex
Open a Trading Account on RoboForex:
Online Forex Broker -RoboForex Review
 
 
 

RoboForex Review Conclusions

In the past, I have traded with RoboForex to test their Trading Conditions in a real account. First of all funding, I funded my account via PayPal but although you may deposit funds via PayPal, you can't withdraw them later. You can withdraw funds via other methods only. As concerns their bonus policy, I was able to get a 25% Deposit Bonus (now 10%). Note, that all other bonus types (credit or margin) offered by RoboForex are not good as they cannot be used in negative account balances.

As concerns their trading environment, I used their MT4 platform. RoboForex MetaTrader4 was trading fine providing relatively fast order execution. Their trading spreads charged were relatively tight and affordable. They don’t also charge any commissions to standard accounts. As a con, in the standard account that I used, I wasn't able to trade as many currency pairs as I wanted. Moreover, in times of news releases, I observed considerably high slippage. Generally speaking, RoboForex may be considered a fair broker. As concerns bonuses, accept only a cash deposit bonus, if it is available, and nothing else. Fast order execution and CFD on Futures are also interesting.

 

RoboForex Review

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