RoboForex |
Company
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Trading info | Account info |
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
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RoboForex Foundation: RoboForex 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) RoboForex Trading Time: EET
RoboForex VPS Offer:
RoboForex provide its clients with a free VPS forex hosting service operating 24/7
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RoboForex offers a floating spread on EUR/USD (1.3 pip)
RoboForex Leverage: RoboForex offers trading leverage 30:1 (EU) and higher
RoboForex Commissions: RoboForex is charging no commissions on the tested account
Scalping: RoboForex allows scalping but only for ECN Pro Accounts |
RoboForex Trading Assets: RoboForex offer: 1) 36 Forex pairs 2) Commodities, Energies, Metals 3) Stocks and indices Accounts on RoboForex can be opened in EUR and USD |
RoboForex Headquarters:
RoboForex has offices in Belize
Partner with RoboForex: » RoboForex Affiliate program |
RoboForex Trading Platforms: ■ MetaTrader-4 ■ MetaTrader-5 ■ RStocksTrader ■ WebTrader
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Deposit Funds in RoboForex:
The minimum deposit in RoboForex Brokers is from 10 USD to 100 USD
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US Traders:
RoboForex forbids US traders |
RoboForex Available Customer Service:
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RoboForex Bonus / Rebate:
RoboForex offer a deposit bonus of 10% (at the time of the review) |
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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
OnlineForex.biz