RoboForex -Full Rating Analysis
RoboForex Forex Broker General Rating
| ROBOFOREX RATING SUMMARY | ||
| MAX | ACHIEVED | |
| 1. Credibility | 28.00% | 10.85% |
| 2. Competition | 30.00% | 26.00% |
| 3. Trading-Options | 26.00% | 21.00% |
| 4. Technology | 16.00% | 11.00% |
| Overall Rating | 100.00% | 68.85% |
RoboForex Rating Analysis
| ROBOFOREX -RATING ANALYSIS | ||||
| TOTAL RATING | 100.0% | RoboForex Broker | ||
| Weight Analysis | Factor Analysis | 68.85% | ANALYSIS | |
| 1. FOREX BROKER CREDIBILITY | 28.00% | FACTOR-1 ANALYSIS | 10.85% | RoboForex Credibility Analysis |
| 1.1 RoboForex Level of Regulation | 12.00% | FSC (BVI)=1.0%, CYSEC=3.0%, FSCL=3%, CBI=4.0%, ASIC=4.0%, BaFIN=5.0%, FSA (UK)=6.0%, FINMA=8.0% and MiFID=+4.0% | 3.00% |
The initial score was 3.0% NEW: Regulated by FSC 000138/7 Registered in Belize (No 128.572) |
| 1.2 RoboForex Headquarters Base | 5.00% | Offshore=0%, Cyprus=2.0%, New Zealand=4.0, Ireland, Australia=4.0%, USA, UK, Germany, France, Switzerland=5.0% | 4.00% |
The initial score was 4.0% NEW: Belize |
| 1.3 RoboForex Years in the Market | 4.00% | 0-2 Years=0%, 2-4 Years =1.0%, 5-7 Years=2.0%, 7-10 Years=3.0%, 10+ Years =4.0% | 1.00% | RoboForex was founded in 2009 |
| 1.4 US Traders | 2.00% | Yes=2.0 or No=0 | 0.00% | RoboForex doesn't allow US traders = 0% |
| 1.5 RoboForex Web Ratings (Usage for differentiating results) | 5.00% | 2 Ratings: ForexPeaceArmy Rating=2.5%, EarnForex Rating=2.5% | 2.85% | RoboForex FX FPA=3/5 & Earn Forex= 5.4/10, Total = 5.7 / 10.0 = 2.85 / 5.0 |
| 2. FOREX BROKER COMPETITION | 30.00% | FACTOR-2 ANALYSIS | 26.00% | RoboForex Competition Analysis |
| 2.1 RoboForex Offering Spread (EUR/USD) | 12.00% | EUR/USD Spread <0.5=12.0%, <0.6=11.0%, <0.7=10.0%, <0.8=9.0%, <0.9=8.0%, <1.0=7.0%, <1.25=6.0%, <1.50=5.0%, <2.0=4.0%, <2.5=3.0%, <3.0=2.0%, <3.5=1.5%, <4.0=1.0%, >4%=0 | 12.00% |
RoboForex EUR/USD Minimum Spread is 0.4 pips = 12.0% (AT THE TIME OF THE RATING) Most commonly 1.3 pips without trading commissions |
| 2.2 RoboForex Commissions on Trading | 7.00% | No Commissions=7%, Low Commissions=4%, Low to Medium Commissions=3%, Medium Commissions=2%, Medium to High Commissions=1%, High Commissions=0 | 4.00% |
Some Commissions are charged ($2,25 / lot) but only for ECN Pro Accounts = 4.0% (AT THE TIME OF THE RATING) |
| 2.3 RoboForex Commissions on Deposit / Withdrawal | 2.00% | Yes=0 or No=2.0% | 2.00% | No Withdrawal Commissions are charged by RoboForex = 2.0% |
| 2.4 RoboForex Maintenance Fees | 2.00% | Yes=0 or No=2.0% | 2.00% | No Maintenance Fees by RoboForex = 2.0% |
| 2.5 RoboForex Rate of Leverage | 4.00% | 400%+=4.0%, 350%=3.5%, 300%=3.0%, 250%=2.5%, 200%=2.0%, 150%=1.5%, 100%=1.0%, <100%=0% | 4.00% | The Max Trading Leverage at RoboForex is more than 1/400 = 4.0% |
| 2.6 RoboForex Customer Service Quality | 3.00% | 24/7=1%, 24/6=0.5%, 24/5=0%, Phone=1.0%. Live Chat=1.0%, Skype=1.0% | 2.00% | RoboForex provides 24/5=0%, Phone=1%, Skype=1%, Total = 2.0% |
| 3. FOREX BROKER OPTIONS | 26.00% | FACTOR-3 ANALYSIS | 21.00% | RoboForex Trading Analysis |
| 3.1 RoboForex Available Forex Currencies | 8.00% | 45+ Currency Pairs=8.0%, 40+ Currency Pairs=7.0%, 35+ Currency Pairs=6.0%, 30+ Currency Pairs=5.0%, 25+ Currency Pairs=4.0%, 20+ Currency Pairs=3.0%, 15+ Currency Pairs=2.0%, 10+ Currency Pairs=1.0%, Less than 10 pairs=0 | 8.00% |
The initial score was 8.0% NEW: RoboForex offers 36 Forex Currencies |
| 3.2 RoboForex Other Financials Available | 2.00% | Commodities=1.0%, Energy=1.0%, CFD trading=1.0% | 1.00% |
The initial score was 1.0% NEW: Metals, CFD on US stocks, CFD on Indices, CFD on Oil, CFDs on Futures |
| 3.3 RoboForex Bonus / Rebate Rate | 8.00% | Bonus / Rebate >40%=8.0%, >35%=7.0%, >30%=6.0%, >25%=5.0% >20%=4.0%, >15%=3.0%, >10%=2.0%, >5%=1.0 | 5.00% |
Deposit Bonus at RoboForex is up to 25%, Rating = 5.0% (AT THE TIME OF THE RATING) |
| 3.4 Scalping Allowance | 1.50% | Yes=1.5% or No=0% | 1.50% | RoboForex allows Scalping = 1.5% |
| 3.5 Hedging Availability | 1.50% | Yes=1.5% or No=0% | 1.50% | Yes RoboForex allows hedging = 1.5% |
| 3.6 RoboForex Number of Deposit Methods | 2.50% | For each deposit method available=0,5%, max=5 methods | 2.00% | Many deposit methods available by RoboForex |
| 3.7 RoboForex Number of Withdrawal Methods | 2.50% | For each withdrawal method available=0,5%, max=5 methods | 2.00% | Many withdrawal methods available by RoboForex |
| 4. FOREX BROKER TECHNOLOGY | 16.00% | FACTOR-4 ANALYSIS | 11.00% | RoboForex Technological Analysis |
| 4.1 RoboForex Available Platforms | 5.00% | Each Supported Platform=1%, max=5 | 3.00% |
■ MetaTrader-4 ■ MetaTrader-5 ■ RStocksTrader ■ WebTrader ■ Mobile Traders |
| 4.2 API Trading Availability | 1.00% | Yes=1.0 or No=0 | 1.00% | Yes, an API Bridge is available at RoboForex = 1.0% |
| 4.3 Automated Trading (Expert Advisors) | 2.00% | Yes=2.0 or No=0 | 2.00% | RoboForex allows signals from Expert Advisors = 2.0% |
| 4.4 RoboForex Mobile Devices Support | 2.00% | Each Supported Device=0,5% (iPhone, iPad, Android, Windows Mobile, Blackberry), max=4 | 1.50% | RoboForex provides applications for iPhone, iPad, and Android devices = 1.5% |
| 4.5 RoboForex MT4 / MT5 Availability | 1.00% | Yes=1.0 or No=0 | 1.00% | Yes, RoboForex offers Metatrader4 and MetaTrader5 = 1.0% |
| 4.6 RoboForex Level of Innovation | 5.00% | High Innovation=5%, Medium Innovation=2.5% | 2.50% | MT4 & MT5, auto trading, fast execution = 2.5% |
RoboForex Full Rating Analysis
Online Forex (2013)
