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 traded with RoboForex to test their trading conditions on a real account. First, I funded my account via PayPal; although deposits via PayPal are allowed, withdrawals cannot be made through PayPal and must be done using other methods. Regarding their bonus policy, I received a 25% deposit bonus (now reduced to 10%). Note that other bonus types (credit or margin) offered by RoboForex are not favorable since they cannot be applied to negative account balances.

For trading, I used their MT4 platform. RoboForex’s MetaTrader 4 performed well, offering relatively fast order execution. Their spreads were relatively tight and affordable, and they did not charge commissions on standard accounts. On the downside, the standard account I used limited the number of currency pairs I could trade. Additionally, during news releases, I noticed significant slippage.

Overall, RoboForex can be considered a fair broker. Regarding bonuses, I recommend accepting only a cash deposit bonus if available, and nothing else. Fast order execution and CFDs on futures are also appealing features.

 

RoboForex Review

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