Roboforex no deposit bonus review

The platform is available as a downloadable desktop client or a convenient webtrader accessible straight from a browser.

No deposit forex bonuses

RoboForex Review and Tutorial 2021, roboforex no deposit bonus review.

Roboforex economic calendar

Roboforex review and tutorial 2021

Roboforex is a multi-asset online broker offering powerful trading aides.

Trade FX with high leverage levels.

Trade crypto coins against the USD and EUR.

Roboforex is an online broker providing trading assets on their pro-cent, pro-standard, and RAMM live accounts. The broker offers an impressive selection of platforms, including MT4 and MT5, which we explore in this review, along with regulation, bonuses and deposits.

Roboforex company details

Founded in 2009, roboforex has headquarters in belize and is regulated by the international financial services commission (IFSC). The broker offers over 12,000 trading instruments in 8 asset classes, as well as 2 investment platforms and 4 trading platforms.

Roboforex has earned a good reputation over the years with 3 million live accounts opened since inception. The company has also made the news as the official partner of BMW M motorsport and has secured a sponsorship deal with muay thai fighter and world kickboxing champion, andrei kulebin.

Trading platforms

Metatrader 4

MT4 includes all the essential features a beginner or advanced trader would need, with 50 indicators for technical analysis, basic graphical tools, and 3 order execution types. Users can also program their own trading robots with strategyquant and take advantage of the one-click trading capability.

Roboforex MT4 platform

The platform is available as a downloadable desktop client or a convenient webtrader accessible straight from a browser.

Metatrader 5

Professional traders can take advantage of the cutting edge MT5 platform, which provides speed and reliability for advanced trading. The flexible system features netting and hedging capabilities, market depth, 4 types of order execution, 6 types of pending orders, and dozens of technical indicators and graphical tools.

Roboforex MT5 platform

Again, users can enjoy either the downloadable PC application or the web-browser version of the platform.

Ctrader

For experienced clients looking for an alternative to metatrader, the ctrader terminal is a sensible option. Users can access rare types of orders, level II pricing, plus 54 technical indicators on 14 timeframes and 9 types of charts. You can also create trading robots and indicators using ctrader automate.

Roboforex ctrader web platform

The platform can be downloaded or accessed straight from a browser. The web version is ideal for macos PC users.

R trader

The easy-to-use proprietary platform, R trader offers a classic design and convenient trading for those who wish to invest in global markets. Users can access 13 technical indicators, 9 graphical tools, level II market depth and an automated strategy tester. Netting and hedging account models are also supported.

Roboforex R trader platform

R trader is available both as a web-platform as well as a desktop application.

Roboforex assets

Clients can trade on 40+ currency pairs, over 12,000 global stocks, more than 10 indices, such as the dow jones (US30) and NASDAQ, 100 commodities, including oil, and etfs. The broker also offers 26 cryptocurrencies plus cryptoindicies, a unique product that allows for trading on several cryptos at once.

Overall, this review was impressed with roboforex’s depth of products in 2021. Note detailed contract specifications can be found on the broker’s website.

Spreads & commission

Pricing depends on the account you choose but spreads are fairly competitive vs brokers such as FBS and FXTM. Fees for the pro-cent and pro-standard accounts are included in the spreads, which average around 1.4 pips for EURUSD, 1.75 for US indices, and around 22 for XAUUSD (gold).

You will see tighter spreads with the prime and ECN accounts, with zero pip spreads available in some asset classes.

Leverage

The maximum leverage offered at roboforex is 1:2000 with pro-cent and pro-standard accounts. Leverage up to 1:500 is available with the ECN account while 1:300 leverage is offered with prime and R trader accounts.

A useful margin calculator is provided on the website.

Mobile apps

For mobile traders, roboforex offers smartphone apps for all their trading terminals (MT4, MT5, ctrader, and R trader):

Metatrader – MT4 and MT5 users enjoy the same technical features as desktop apps, including customisable charting tools, full trading history, and access to trading robots. The same members client login area is available on mobile platforms.

Ctrader – ctrader offers handy features including pinch-to-zoom, fling scrolling, and double-tap action to recentre charts, as well as in-app notifications.

R trader – R trader is also fully-featured and offers an all-in-one solution, with secure in-app account deposits and bonus management. The app offers 14 trading indicators, plus live charts and quotes, and additional mobile-friendly features.

Roboforex mobile trading

All platforms are available in 22 languages for both iphone and android (APK) users. Overall, users will find the most positive online reviews for the MT4 and MT5 mobile apps.

Payment methods

Deposits

There’s no shortage of funding methods at roboforex, with dozens of deposit methods in 9 different currencies, including USD, EUR, GBP and ZAR. International and local bank depositors are available, as well as card payments and e-wallets. Paypal is not accepted. All deposit methods are free and fast and most methods require a 10 USD/EUR minimum deposit with standard accounts.

Withdrawals

There are 13 withdrawal methods available, though this may vary depending on your jurisdiction. Withdrawal times for most methods are just 1 day, which is praised in customer reviews in 2021. Commissions for withdrawals vary but range from 0.5% to 2.8%. The group does offer a free funds withdrawal programme which allows you to withdraw funds twice a month with no commissions. Further details and restrictions can be found on the website.

Demo account

Roboforex offers a choice of three demo accounts, suitable on all platforms: demo pro, demo, and demo R trader.

The demo pro account is the most popular choice as it replicates the trading conditions of the standard account packages, with 1:2000 maximum leverage and floating spreads from 1.3 pips. Users can test trading strategies without spending or risking real money.

You can open a demo account from the broker’s homepage. The practice account is free to use and expires after 90 days.

Bonuses

Pro-cent and pro-standard new account users receive a welcome bonus of 30 USD after depositing a minimum of 10 USD via bank card. Cent and standard users can also benefit from the 60% profit share bonus, as well as up to 120% on deposits by claiming the classic bonus.

The broker also offers other promotions, including up to a 10% bonus credit on account balances, cashback rebates based on trading volume, daily competition opportunities with contestfx and a free VPS server. Full bonus withdrawal terms and conditions can be found on the broker’s website.

Roboforex currently does not offer any no deposit bonus (NDB) deals in 2021 but has previously offered weekly demo contests, so traders should check the website for upcoming promotions.

Regulation

Roboforex ltd is regulated by the international financial services commission (IFSC) of belize under license number 000138/107. As an “A” category member of the financial commission, roboforex ltd is a participant of the compensation fund, which provides protection up to €20,000 per case. The broker also holds civil liability insurance and provides negative balance protection. Overall, roboforex is a legitimate and safe online broker.

Additional features

Roboforex’s educational suite contains many useful resources for both casual traders and professional investors, including how-to guides, on-demand videos, forex analysis, plus a helpful community forum, blog and economic calendar.

Roboforex economic calendar

The most notable feature is the roboforex analytics centre, a free subscription to analytical data and trading instruments from within one window. Available in 13 languages, and offering an interactive data layout, users can gain access to signals, videos, calendars, and tools for traders.

Accounts

Roboforex offers 5 live account types: prime, ECN, R trader, pro-cent, and pro-standard. The minimum deposit is 10 USD/EUR for all accounts, except the R trader account, which requires a 100 USD deposit. These are refreshingly low minimum deposits compared to others, such as hotforex, tickmill and exness.

The ECN and prime accounts are ideal for professional traders looking for spreads from zero pips, whilst the R trader account supports multi-asset stock trading. Pro-cent and pro-standard accounts are designed for beginners and casual traders.

This review found that the main differences between the accounts are the minimum margin requirements, leverage limits, margin call/stop-out levels, and access to bonuses. All bonuses are available with the pro accounts, whilst no bonuses are available with the R trader account.

Islamic swap-free accounts are also available, as well as investment solutions using copyfx and RAMM platforms, supporting investment in both short-term and long-term trading strategies respectively.

You can open a real-money trading account from the roboforex homepage and start trading in live markets.

Benefits

Reasons to open a roboforex account include:

Bonuses offered

Decent range of assets

4 live trading platforms

Commission-free trading

Copytrade investment platforms similar to zulutrade

Drawbacks

The only major drawback for registering with roboforex is:

US clients not accepted

Trading hours

Forex can be traded 24 hours a day, 5 days a week, however specific active trading sessions depend on the time zone. All times below are in UTC+2 (eastern european time, EET).

Japan & singapore – 02:00 – 10:00

Hong kong – 03:00 – 11:00

Frankfurt – 08:00 – 16:00

London – 09:00 – 17:00

New york – 15:00 – 23:00

Chicago – 16:00 – 24:00

New zealand & sydney – 22:00 – 06:00

Roboforex also posts useful trading schedule changes for national holidays.

Customer support

Roboforex offers multilingual support in over 12 languages including english, malaysian, indonesian, arabic, and spanish. Help is available 24 hours a day, 7 days a week via:

Email – info@roboforex.Com

Telephone number – +65 3158 8389

Online callback form – contact us page

Live chat, telegram, facebook messenger, skype, whatsapp, and viber – logos located in the bottom right-hand corner of the website

The customer support team can help with most queries, from how to delete an account and user verification to clarification on ECN commissions per lot and how to reset your investor password.

The head office address is 2118 guava street, belama phase 1, belize city, belize.

Security

All roboforex platforms use SSL encrypted security systems as well as dual-factor authentication protocols. Withdrawals and transfers can also be protected via an SMS confirmation code with each transaction. For their bonus programmes, the broker also has anti-fraud systems in place to protect against repeated transfers of funds.

Roboforex verdict

Roboforex is an established online broker offering a wide range of assets on reliable trading platforms, including MT4 and R trader. The broker is also regulated and provides negative balance protection, adding an extra layer of trust and security for traders. Overall roboforex is a good broker for all levels but their zero-spread ECN accounts and RAMM platforms will be particularly attractive to professional traders.

Accepted countries

Roboforex accepts traders from thailand, united kingdom, south africa, singapore, hong kong, india, france, germany, norway, sweden, italy, denmark, united arab emirates, saudi arabia, kuwait, luxembourg, qatar and most other countries.

Traders can not use roboforex from united states, canada, japan, australia.

Is roboforex a scam or not?

Roboforex ltd is a legit company registered in belize and regulated by the international financial services commission. As a result, it’s unlikely to be a scam. With that said, the broker does receive mixed reviews on websites such as trustpilot.

How do I open a roboforex account?

You can sign up for a real account by clicking open an account on the right-hand side of the website. You will then need to fill in your new member details to register your area login credentials. The verification stage will then complete the process.

How can I delete my roboforex account?

You can make your account inactive from within the members area. From the account section, change the status of the account you want to remove to ‘no’.

Does roboforex accept US clients?

No, traders from the USA cannot sign up for a live trading account. Clients from canada, japan and australia are also unable to register for a roboforex account.

Is roboforex a market maker?

For all cent accounts, roboforex serves as the market maker. For all standard and ECN accounts, the broker follows an STP model.

Roboforex review

Roboforex video review

Roboforex review

Roboforex is an upcoming new zealand based forex broker that specializes in providing trading conditions that allows their clients to access the financial markets without any hindrances. With their business model and bridging technology, traders can trade in a non-dealing desk mode with the lowest possible cost. As a registered member with the new zealand financial service providers register (FSPR) with the registration number FSP246525, clients of roboforex are provided access to an external dispute resolution (EDR) scheme that is managed by the independent financial services complaints ltd (FSCL).

As an international broker, roboforex offers their clients a range of powerful trading platforms for them to access the forex market. These platforms include:

Metatrader 4
metatrader5
ctrader
webtrader
multiterminal
mobile forex

Packed with technical tools, the MT4 trading platform allows traders to analyze dynamics of the financial markets while at the same time, allowing them to conclude deals. Highly flexible and robust, advanced traders can develop expert advisors (eas) to automate trading on the MT4 platform.

An “all in one” trading platform like the MT4, the MT5 trading platform also incorporates the latest in MQL5 development environment making it ideal for EA testing.

Based on the concept of non dealing desk (NDD), the ctrader platform allows traders to have direct market access (DMA). This means no requotes, no delays and the peace of mind that the orders are completed in the straight-through-processing (STP) mode.

The webtrader is a web based trading platform using adobe flash technology. The system is compatible with MT4 and includes all the essential tools required for technical analysis.

MT4 multi account manager (MAM)

This version of the MT4 trading platform is intended for account managers who need to monitor several investor accounts simultaneously. It incorporates all the standard MT4 trading tools with the added ability of sending trade orders to several accounts with a single click.

Compatible with iphone OS, android OS, windows mobile OS and symbian OS, the mobile forex trading platform allows traders to manage their trading accounts on their mobile devices when a dedicated trading terminal is not available at their disposal.

At roboforex, traders have a choice of six (6) main types of trading accounts. They include:

Fix-cent account,

Fix-standard account

Pro-cent account

Pro-standard account

ECN-pro NDD

ECN-fix NDD

Each type of trading account has its own features, benefits and limitations.

At roboforex, a commission of $2.45 per lot is charged on trades done through the ECN-pro NDD accounts. For the other types of trading accounts, traders do not pay any commissions instead they pay a slightly widened spreads on the instruments that they are trading on. The spreads are fixed and starts from 2 points for fix-cent accounts, fix-standard accounts and ECN-fix NDD accounts. For pro-cent accounts and pro-standard accounts, the spreads are floating and starts from 0.4 points.

As part of the support service toward their clients, roboforex featured their website in five (5) other major languages apart from english. These include:

Chinese

Indonesian

Portuguese

Russian

Spanish

Unlike most brokers who want to reduce their operational costs, roboforex customer support team is always willing to serve and they are available 24/7. They can be contacted at:

Roboforex reviews

45 • average

Write a review

Reviews 45

RUN AWAY .

I've been trading with this broker for a few months now and i could not understand why even the most perfect trade setups, were still losing money ( many many times )

After doing some digging, this broker like many other brokers from banana countries, regulates by their banana institutions have some very sleek internal robot mechanisms like plugins that trade against you all the times, your trades never make it to the main market, it always stays internal and you trade against the broker all the time.

And the broker uses some sick internal plugins that are pre programmed to do sudden increases in spread, very long times executions like 1700 ms hunting your stop loss always by sudden increases of spread, and many many others ways to take your money with a smile on their face, it's like stealing with a smile on their face but made it near impossible to verify.

So long you can't prove it that they are stealing, they will always pose as a fair business

I will never deposit a single cent with this broker or any other banana brokers.

Always choose a broker that is regulated by the FCA

And don't trust the 5 star reviews planted by their banana people, it's a technique they use to bury the bad 1 star reviews, trust the 1 star, there's a reason why people take the time to write them!

Dear client, to help us comment on your feedback, please provide more information, such as numbers of orders and dates when you contacted our live support, or any other relevant details.

One of the best brokers

I've been with this broker for years and I've never had any problem whatsoever. Though I've never made any withdrawals so we'll see. I'm still growing my account and will soon withdraw when it gets bigger. Other upsides with this broker is that they give you rebates from your trading volume every month. They also provide a VPS that you can use for free. The VPS is a bit slow but it's okay for 2 MT4 terminal running on it. They provide the complete package for forex trading. Thanks, roboforex. Never had any issues with you since I started.

AVOID - NOT ABIDING BY LAWS

This company are working and profiting off a fraudster who illegally lost a big investment of mine.
Roboforex done no checks into him to see if he was legally allowed to manage funds for clients or if he was even a registered company in his home country, the UK.

Do not risk your money with a company who does not abide by basic laws and doesnt do background checks into their 'affiliates'.

Dear RYAN, roboforex activity is in full accordance with legislations of the countries where it operates. In case any questions arise, we recommend you to contact our live support in any convenient way (email to info@roboforex.Com, create a ticket in your members area, use phone or messengers).

ACHTUNG: ROBOFOREX BONUS programm NICHT benutzen

ROBOFOREX: attention attention attention attention, DO NOT use the bonus at roboforex. The traderobot uses bonus and deposit together and calculates that he has enough money. But that's not true. As soon as the bonus is negative, all positions with a total loss of the deposited money are closed. Logically, as soon as the deposited money is 100% all, it will be closed. Incidentally, it is a super thought-out business model to take money from people. Participants are then any robot programmers who adapt the money management of the robot so that this process is extremely fast. If you don't want to believe it, take a look at website hanse-gold

ROBOFOREX: achtung achtung achtung achtung, den bonus bei roboforex NICHT benutzen. Der traderobot benutzt bonus und einzahlung zusammen und kalkuliert er habe genug geld. Das stimmt aber nicht. Sobald es mit minus an den bonus geht werden alle positionen mit totalverlust des eingezahlten geldes geschlossen. Logisch, sobald das eingezahlte geld zu 100% alle ist, wird geschlossen. Ist übrigens ein super ausgedachtes geschäftmodel um den leuten das geld abzunehmen. Mitwirkende sind dann noch etwaige robot-programmierer die das money-management des robots dementsprechend anpassen, dass dieser prozess extrem schnell geht. Wer es nicht glauben möchte, googlet mal nach hanse-gold

Hallo, jens zimmermann,
mit dem erhalt von bonusgeldern auf seinem konto, akzeptiert jeder kunde des unternehmens die nutzungsbedingungen. In der von ihnen beschriebenen situation standen die handlungen des unternehmens in voller übereinstimmung mit den regeln des bonusprogramms und können daher keine grundlage für eine beschwerde darstellen. Wenn sie der meinung sind, dass eine professionelle beratung notwendig ist, wenden sie sich bitte per chat an unseren live-support.

Mit freundlichen grüßen,
ihr roboforex

No protection anymore

Dear client.
Roboforex has stopped supporting the RAMM investment platform. The copyfx investment platform is still available for the company's clients. Copyfx is an investment platform for copy trading, thanks to this which simplify the trading process for yourself by copying trades of successful traders, as well as share your own trading experience and get additional profit from it.

Very very good

Very very good , the best in the world

Very good app mobile trading

I have been using roboforex for 3…

I have been using roboforex for 3 months. I think they are good. I have been withdrawn twice and only took 2 days I received the fund in my bank account. The leverage is 1000.1 that is good as well
dong

XXX WORST BROKER EVER THEY CANNOT BE TRUSTED

Had a very bad experience with this broker every time I make deposit it went through but now that I made my profit and try to withdraw my money using the same deposit method and same currency I can not get my money. They only keep saying that the transaction was successful on their end and gave me an ARN code to give to my bank. The people at my bank said that they are on the receiving end and payments are process automatically there is no need for human intervention. All roboforex saying is go to someone competent and they met my obligations on their end. Up to now I can't get my withdrawal of $110 USD. This is a scam broker PLEASE STAY AWAY FROM THEM. I contacted them on the 14th of september ticket id is 924031.

Like I said before my bank told me transaction online is done automatically, there is no need for human intervention. So why is it that you can receive my money using the same payment method but I can't receive my money using the same method?

Dear ian lewis.
Your withdrawal request was executed successfully and funds have been transferred to your payment details. ARN code confirms it. One of bank representatives need to find this transfer in the visa platform.

If you will have more questions feel free to ask them by the tickets.

Dear ian lewis.
Crediting funds to the card make your bank but not roboforex. The transfer is successful and ARN code confirm it. You should to contact your bank one more time to find the transfer. All supporting details and documents have been sent to you in the ticket.

With more than some years of…

With more than some years of cooperation, daily average +15 new client registrations, they have terminated my account with only a simple message of account termination.
Their poor customer support was always compensated by my customer support solutions, so traders were eager to open their trading account through my link to access my services.
Although I have contacted them via different approaches like skype, email and online ticket BUT they didn't answer why they have done that. They have closed the ticket without any reply.
They DO NOT follow their own policy to respect the contract and they regard the traders and ibs as MONEY.

Dear PFOREX.
Your feedback contains no data necessary for us to handle it. The company's right to terminate cooperation is regulated by clause 4.15 of the client agreement.

Excellent overall

I'm here from 2015 and find good, excellent overall. Why someone gave negative rating I could not understand. Hi robo go ahead.

Empty promises, bad faith

The only way to really know who they are is just by trying them with really small amount of money. I signed up and verified my account and when I was about to deposit and claim my bonus and start trading, they called me fraud and said " you can't get the bonus" and when I asked why they literally said, "no reason". Would you ever trust a broker that calls you fraud from the very beginning. That was enough for me to start somewhere else. To really know a broker see how they reply, see how they treat you when you wanna withdraw or when you don't have much money in your account. I am not lying and this is my account number=21044099

Dear saeed fathi,
according to the bonus program rules, the company has the right to deny a client in receiving the bonus. If you believe that the rejection was groundless, create a ticket in your members area that contains reasons why the relevant decision must be revised and submit it to our live support. The company’s staff will check your message and deliver a situationally suitable verdict.

I traded with roboforex for about a…

I traded with roboforex for about a year.
It has earned some profits and so far there has been no problem in withdrawing profits and deposits.
I traded only metal and foreign exchange market.
I don't know what happened with other customers,
but in my case, five stars.

Dear syouke TV.
We’d like to thank you for your positive review of our operations and activities and hope to live up to your expectations in the future.

The offer of a bonus when depositing…

The offer of a bonus when depositing looks good but the small print shows its only good to increase the leverage when trading an not a bonus that you can withdraw. Only if you achieve profit will this benefit a trader.

Don't trust them

I was introduced by a friend but I didn't realize I paid more commission than expected. This because someone introduced me. In addition to this, I doubt they are real ECN how can you go to the markets with 10$ in your account? Stay away

Hello, bryan.
To help us clarify the problem and provide you with the most detailed answer, please contact our live support via a ticket from your members area.

They use your stop loss and T/p…

They use your stop loss and T/p information to act against you. The charts at critical points are different from the market. They increase the spreads dramatically for one second to make you stopped out. I trusted at the beginning but not now.

Dear ali.
Unfortunately, your comment contains no data to back up your claims, which is required for handling them. In case of any specific problems, contact our live support in any way that is convenient for you.

Roboforex is scam!

I have created account in roboforex after seeing that this broker provides low spread and also provide roboforex provide negative balance protection , but when i trade in brent oil i losses my all account balance and also my account balance became -1315 usd .

As shown in roboforex website (negative balance protection
reliable protection of your funds on roboforex accounts

There are situations, when the market volatility prevents clients from keeping their accounts balance in the black. In these cases, roboforex ltd resets their accounts balance to zero.

It happens automatically in cases the client’s account balance becomes negative.) my account balance was not again reset to "0" , afterthat i contact to their live chat so they told me to raise the ticket .

When i raised the ticket i got this reply from roboforex
(negative balance protection is a promotional program and roboforex may exclude particular trading accounts from the participation in this scheme at its own discretion at any time.

In this case, the company has decided to exclude your accounts from this scheme. This decision is final and will not be reversed.

Roboforex review

Regulated by the FSP (new zealand)

Minimum deposit

Welcome bonus

US traders not allowed

Screenshots

Full review

About roboforex

Roboforex provides STP and market maker forex brokerage services in the forex market place. The roboforex brand was launched in 2010 with its corporate headquarters in auckland, new zealand. Roboforex is owned by roboforex LP and is registered with the financial service provider (FSP) in new zealand with registration number FSP246525.

Special offers and bonuses

Traders who use roboforex can expect to receive several bonuses and participate in promotions on roboforex. These are:

A) A general deposit bonus of up to 35% of the account deposit. This goes out to new traders.

B) there is a 50% credit card deposit bonus for traders who use the pasta banka credit/debit card for their account deposits. This is made possible by a special offer by roboforex and pasta banka and is expected to run for a month, ending in the first week of july 2014.

C) roboforex welcome bonus 3.0 coupons are special bonuses awarded to heavy volume traders, giving them the opportunity to deposit $15 no-deposit bonus to another roboforex account owner. This is suitable for traders who also double as affiliate partners of roboforex, and they can use this as an incentive for clients they have referred.

D) there is also a 15 USD bonus offer for “verified clients”. Verified clients on roboforex are clients who pass the complete verification process on roboforex.

These are the existing bonuses and promotions on roboforex. Promotions come up all the time and as soon as they are available, they are made public.

Types of trading accounts

What account types are available on roboforex? Account types can be broadly classified into the professional accounts, and the retail account types.

Professional accounts

A) ECN-pro: this is the classical ECN-pro account which features floating spreads, 5 digit pricing with no dealing desk market execution. There is no minimum deposit, 48 currency pairs can be traded along with spot gold & silver, and leverage of up to 1:200 can be used. Margin call and stop out levels are set at 60% and 40% respectively. The platform encourages the use of expert advisors and scalping as a form of trading.

B) ECN-fix: this is a professional ECN-style trading account which gives clients floating spreads, instant execution without dealing desk interference, high liquidity provided by currenex and high commissions for introducing brokers without minimum trade points. It is good for scalpers and provides 5-digit pricing. Other conditions are as obtainable for ECN-pro accounts.

Retail accounts

A) fix cent: this is the micro account. Minimum order volume is 0.1 lots. Stop out level is 10% and traders are entitled to swaps. 37 currency pairs including metals can be traded.

B) fix standard: this is the standard forex mini account. This account type features a fixed spread, 4-digit pricing system and an instant execution mode. Leverage level is up to 1:500. Minimum order volume is 0.01 lots with an increment of 0.01 lots in the order size. Maximum order volume is 100 lots.

C) pro cent: this is a micro account with pro conditions. Trade conditions are as for the fix cent account, but with a floating spread and the ability to trade up to 48 currency pairs.

Trading platform features

Roboforex traders can choose to trade on any of these platforms:

A) metatrader4: roboforex offers its clients the chance to trade forex on the enhanced metatrader 4 terminal. All account types can be traded on this platform.

B) roboforex multiterminal – the multiterminal suits account managers and those who own multiple accounts very well. All account types can be traded here.

C) trading can also be done on the various mobile devices. The androidtrader, iphone trader and windows mobile trader are used to trade on android, iphone/ipad and windows mobile devices respectively.

D) ctrader and currenex viking trader: for the professional traders, the ctrader and CX viking platforms are available. Both platforms are used by the ECN fix and ECN pro account holders. The only difference in the two platforms is that 2 different companies produce the platforms. The conditions for trading are all the same; just that the two platforms are different in look, feel and layout.

Commissions and spreads

Commissions on roboforex ECN accounts is set at $20 per 1,000,000 units of base currency positions traded (i.E. $2 per standard lot). For retail traders who will be presented with fixed spreads, the table of spreads is as spelt out below:

CURRENCY PAIR	spreads(pips)
EURUSD	0.9
GBPUSD	3.3
USDCHF	1.7
USDJPY	0.5
USDCAD	1.2
AUDUSD	1.7
NZDUSD	3.6
EURCHF	2.1
EURGBP	1.6
EURJPY	1.2
EUR/NOK	70
EUR/NZD	30
EUR/SEK	50
GBP/AUD	10
GBP/CAD	10
GBP/CHF	8
GBP/JPY	8
GBP/NZD	30
GBP/USD	3
NZD/CAD	10
NZD/CHF	8
NZD/JPY	8
USD/CHF	4
USD/HKD	30
USD/JPY	3
USD/MXN	120
USD/NOK	70
USD/RUB	400
USD/SEK	80
USD/SGD	7
USD/ZAR	250

Charting packages

Charts on roboforex are available on the respective platforms.

Education and demo accounts

Roboforex ensures that new traders don’t get lost when they come to their platforms for the first time. That is why a number of educational materials have been put out on their site:

A) A forex education video

B) series of webinars which are held periodically.

D) practical training for traders who can make it to the roboforex headquarters.

E) traders can also open a demo account on MT4 to practice the earliest steps in the trading process.

Customer service

Roboforex customer support is available using the following means of communication:

C) live chat support service

Deposits and withdrawals

Deposits can be made on roboforex as follows:

B) electronic payments using webmoney, skrill, neteller, paypal and cashu

C) bank cards: payonline, RBK money, pasta banka, payoneer, paypal, china unionpay and algocharge.

Withdrawals can be made via bank transfer, webmoney, moneybookers, liberty reserve, liqpay, and payoneer.

Minimum deposit

The minimum deposit requirement differs from one method to another. For bank transfers, it is $500. For skrill and neteller, it is $10. Cashu and webmoney do not attract minimum deposits. Paypal and payonline has a $5 minimum deposit requirement, while other card methods attract between $10 and $30.

Maximum deposit

There are generally no maximum deposit limits except for card methods which range from $1,000 (paypal and algocharge) to $20,000 (pasta banka).

Withdrawal limits

The minimum withdrawal limit is $500 for bank transfers, $5 via electronic payments, and $20 for payoneer withdrawals. There is no maximum withdrawal limit.

Conclusion

Roboforex caters for all types of traders with their multiple account types, trading platforms and trade conditions. There is always an account type for every kind of trader.

Roboforex

Broker roboforex is a group of companies robotrade ltd and roboforex (CY) ltd, are engaged in the provision of the following services:

Trade on forex;

Providing analytical information to traders;

Service auto copy trades copyfx;

Investment in the RAMM account;

The program "rebates" to return to the spread;

Webtrader mobile trading;

Learning the trade;

Package improved trading conditions for VIP clients;

Best affiliate programs;

Personal consultations;

Round the clock technical support.

The business model of roboforex

There are two generally accepted models of work brokerage firms:

Straight-through-processing (STP), according to which the broker is an intermediary between the trader and the liquidity provider and receives a certain commission for the successful brokerage. The broker does not bear losses in case of a successful trade traders, as losses are allocated between liquidity providers, but thanks to the security protocols ensured anonymity of traders, therefore, there can be conflicts between the traders, broker and liquidity providers. On the contrary, the broker is interested in the profitability of the trader, because the increasing of the yield curve and increase the lots, along with the increase of the commission goes to the broker;

Market maker (market maker), according to this model a trader enters into transactions through its broker without the interbank market, in which broker acts as the counterparty in the case of a successful transaction, the trader he loses his profit and vice versa. It is not profitable to the broker, so he tries a variety of ways, including non-market to make the trader a profitable. Fryes there are requotes that the trader entered into a transaction at a less attractive price, studs, knocks stop-loss players, various failures of the trading terminal, cancellation of profitable trades, delays in the payment of profits. Many novice traders don't know about it, so, faced with such unfair dealing centers, disappointed in forex.

The roboforex group of companies does not use in their practice the model of a market maker. Roboforex (CY) ltd operates the STP model, providing access to liquidity providers. And robotrade ltd uses a hybrid model: for cent accounts broker acts as a dealer and handle the transaction inside the company, and for standard and ECN accounts, the STP technology is used. This is a special feature of the liquidity providers, because they do not work with small volumes. Liquidity providers of the broker roboforex are the TOP FX, citi FX, CMSFX UK ltd, SAXO bank and sucden financial. They provide access to liquidity through the current ECN system, integral, currenex and citi, which serves as a direct confirmation of the fact that roboforex is a reliable and transparent broker, not the kitchen.

Regulation of roboforex

The company robotrade ltd is an international broker that is regulated by IFSC (license IFSC/60/271/TS/15). In addition, robotrade ltd is member of the financial commission, an organization engaged in the resolution of the disputed financial issues between brokers and traders. Roboforex (CY) ltd is a european broker that is regulated by the cypriot regulator cysec (license no. 191/13) and is registered in the UK FCA number 608962. Also roboforex (CY) ltd is part of ICF – cyprus the investor compensation fund providing insurance investment investors up to 20,000 euro. In addition, roboforex in ukraine is regulated by the UCRFIN.

Offices of roboforex

Broker roboforex has the following law offices pabout the world:

Roboforex (CY) ltd, limassol, cyprus – the central office;

Roboforex reviews

45 • average

Write a review

Reviews 45

RUN AWAY .

I've been trading with this broker for a few months now and i could not understand why even the most perfect trade setups, were still losing money ( many many times )

So long you can't prove it that they are stealing, they will always pose as a fair business

I will never deposit a single cent with this broker or any other banana brokers.

Always choose a broker that is regulated by the FCA

And don't trust the 5 star reviews planted by their banana people, it's a technique they use to bury the bad 1 star reviews, trust the 1 star, there's a reason why people take the time to write them!

Dear client, to help us comment on your feedback, please provide more information, such as numbers of orders and dates when you contacted our live support, or any other relevant details.

One of the best brokers

AVOID - NOT ABIDING BY LAWS

Do not risk your money with a company who does not abide by basic laws and doesnt do background checks into their 'affiliates'.

ACHTUNG: ROBOFOREX BONUS programm NICHT benutzen

Mit freundlichen grüßen,
ihr roboforex

No protection anymore

Very very good

Very very good , the best in the world

Very good app mobile trading

I have been using roboforex for 3…

XXX WORST BROKER EVER THEY CANNOT BE TRUSTED

If you will have more questions feel free to ask them by the tickets.

With more than some years of…

Dear PFOREX.
Your feedback contains no data necessary for us to handle it. The company's right to terminate cooperation is regulated by clause 4.15 of the client agreement.

Excellent overall

I'm here from 2015 and find good, excellent overall. Why someone gave negative rating I could not understand. Hi robo go ahead.

Empty promises, bad faith

I traded with roboforex for about a…

Dear syouke TV.
We’d like to thank you for your positive review of our operations and activities and hope to live up to your expectations in the future.

The offer of a bonus when depositing…

Don't trust them

Hello, bryan.
To help us clarify the problem and provide you with the most detailed answer, please contact our live support via a ticket from your members area.

They use your stop loss and T/p…

Roboforex is scam!

As shown in roboforex website (negative balance protection
reliable protection of your funds on roboforex accounts

There are situations, when the market volatility prevents clients from keeping their accounts balance in the black. In these cases, roboforex ltd resets their accounts balance to zero.

In this case, the company has decided to exclude your accounts from this scheme. This decision is final and will not be reversed.

Roboforex review

This roboforex review analyzes a quality STP/ECN broker that is a great option for both beginner and veteran traders. It’s also an excellent choice if you’re looking to diversify your trading portfolio.

Roboforex offers over 13,000 trading instruments for you to choose from, including over 40 currency pairs, over 11,700 stock cfds, 26 cryptocurrency cfds, and over 100 soft commodity etfs.

This broker provides you with tight spreads, quality insurance for client funds, and access to multiple trading platforms. It also offers multiple account types for different trading styles, some very attractive bonuses, and great leverage.

Continue reading our in-depth roboforex review to discover more about this quality broker and everything it offers.

Discover an accomplished, award-winning broker

Based in belize, roboforex was founded in 2009 and has since grown to service over 730,000 clients. The broker prides itself on offering a wide range of services and excellent trading conditions.

Roboforex offers over 13,000 tradable instruments in 8 asset classes. These include over 40 currency pairs, more than 11,700 stock cfds, over 1,000 etfs, and 26 cryptocurrency cfds.

Our roboforex review team also found that roboforex has won a series of awards. In 2019 alone, they won the best broker of the CIS, the best investment platform, the best educational-forex center in CIS, and the best investment products global awards.

It should be noted that roboforex does not accept customers from the united states.

Expect a regulated broker with strong client protection

Roboforex is an international broker that is licensed by the international financial services commission of belize under license number IFSC/60/271/TS. While the IFSC is not necessarily considered a top-tier regulatory body, it is still a reputable authority with a focus on protecting traders.

This broker has also taken serious steps to protect their clients’ funds. It has implemented negative balance protection to limit the risk of market volatility. If your account drops into negative figures, roboforex will top up your account to 0, ensuring you don’t owe anything.

During our roboforex review, we also discovered that they are a member of the financial commission, as well as the compensation fund this organization offers. This means that you are protected up to €20,000. You also have an avenue to settle disputes with the broker without going to court.

This broker has also implemented a civil liability insurance program up to a total of €5 million. Coverage includes fraud, negligence, omissions, and various other risks that could cause clients to lose their money.

Roboforex has also received the verify my trade (VMT) certificate from the financial commission. This certificate confirms that this broker offers quality trade execution conditions and is in full compliance with the rigorous trading condition requirements imposed by the FC.

In terms of web security, roboforex uses comodo security solutions to encrypt all personal information and transactions during transmission via the internet. It also uses two-step authentication to further secure your member’s area.

Take advantage of a variety of account types

Roboforex is an STP/ECN broker, meaning they offer both types of accounts. The accounts are designed for different trading styles and levels of experience and expertise.

STP accounts

The pro-cent account is mainly aimed at beginners, but also veterans who wish to test trading strategies. You can trade 36 currency pairs, metals, and cryptocurrencies with this type of account.

The pro-standard account is designed for all types of traders. Besides the instruments available with the pro-cent account, you can also trade cfds on US stocks, cfds on indices, and oil cfds.

Both accounts have a minimum deposit of $10, floating spreads starting from 1.3 pips, and maximum leverage of 1:2000. They are also available in swap-free versions for muslim traders.

ECN accounts

The ECN-pro account is designed for professional traders looking for outstanding trading conditions. It features floating spreads starting from 0 pips and commissions for trading volumes of $1 million. The account has a minimum deposit of $10 and maximum leverage of 1:300.

The prime account is aimed at experienced traders and the broker claims it provides trading conditions similar to liquidity providers. The minimum deposit is $5,000. This account comes with floating spreads from 0 pips and maximum leverage of 1:100.

Other accounts

R trader is a unique account that allows veteran traders to trade all of the financial instruments roboforex offers. Spreads start at $0.01 and the minimum deposit is $100.

Commissions vary based on the underlying asset being traded. Cryptocurrencies incur a commission of 0.30%, while US stock cfds feature a commission of $0.02 per share. If you deposit $10,000 or more, you will enjoy a commission of $0.0045 per share for US stock cfds.

Roboforex also offers copyfx, which allows social trading. You just pick the traders you prefer, and the account will duplicate their trades on your account.

The RAMM investment system allows you to create your own investment strategy to attract traders to copy you to make additional profits. You also have the option of choosing from the many profitable strategies that are already available.

Our roboforex review team discovered that this broker also offers a demo account where beginner traders can practice trading in real market conditions. Veteran traders can also use the demo account to test their trading strategies.

Discover how much it will cost you to trade with roboforex

Roboforex offers competitive spreads on certain account types, while others are in line with the market average. Commissions and rollover fees are also in line with other quality brokers. These differ based on the underlying asset you are trading and can be found on the broker’s website.

Deposits incur no commissions. Roboforex allows commission-free withdrawals twice a month, namely on the first and third tuesday of each month. A handy calendar is available on the website to remind you of these specific dates, so you don’t miss out.

Otherwise, depending on the withdrawal method, you will have to pay a commission between 0% and 2.6%. A local bank transfer, for example, will incur a fee of 1.6%, while a skrill withdrawal will cost you 1% of the amount you are withdrawing. QIWI wallet, on the other hand, has a 0% commission.

It should be noted that some withdrawal methods have limitations. For example, with skrill, the minimum withdrawal is $0.1, and the maximum is $100,000. With QIWI wallet, the minimum is $0.5 and the maximum is $3,800.

Enjoy an extensive array of payment methods

During our review of roboforex, our team of experts was pleased to see the extensive array of payment methods available. These include various bank, electronic, and card withdrawals and deposits.

At roboforex, you can fund your account using most major credit cards and china unionpay. You can also use payment systems like webmoney, skrill, perfect money, and fasapay, among many others. Local bank transfers are available in certain countries, as are giropay, ideal, rapid transfer, and more. These same payment methods are also available for withdrawals.

Processing times for deposits range from instant to 3 bank days, depending on the system used. For example, visa cards and skrill are instant, while deposits through santander and HSBC take up to 1 day.

Withdrawal processing times vary from 1 minute to 10 bank days. Credit card withdrawals can take up to 10 days, whereas using perfect money and fasapay can take between 1 minute and 1 day.

Benefit from great bonuses and promotions

Roboforex offers you some great bonuses, including a welcome bonus offer and a classic bonus. Conditions do apply, but our roboforex review team feels they are quite reasonable.

This broker also offers a series of other benefits, including a cashback scheme. Depending on the account you have, and the number of lots you trade, you can get as much as 15% in rebates. The rebates are not subject to any restrictions.

Roboforex also offers up to 10% additional profit on your account balance, not including any funds you received as a bonus. The percentage you receive differs based on the number of lots you trade. To get the maximum, you have to trade over 1,000 lots per month.

Free contests are also available. Some are held weekly, while others are monthly. Overall, our review team found that roboforex offers ample rewards for choosing to trade with them.

Get ready to be spoiled for choice in terms of trading platforms

The roboforex website is available in 19 languages, including english, chinese, italian, latvian, and indonesian. The site is very user-friendly and easy to navigate. You’ll quickly be able to find all the information you need to make an informed decision when choosing an account type, a payment method, and more.

The registration process is straightforward and is similar to what you’d find at other popular brokers. You’ll need to supply some information about income and trading experience, as well as some personal details.

To verify your account, you’ll need to provide an international passport for proof of identity and a utility bill for proof of residence.

In terms of trading platforms, our roboforex review team was pleased to see that this broker offers the ever-popular metatrader 4 and metatrader 5, including the browser-only versions.

The ctrader platform is also available. This is perfect for experienced traders who value execution speed and like to trade unconventional instruments.

Roboforex has also developed its own proprietary platform dubbed R trader. This platform is available as a web solution and provides traders with access to all the broker’s trading instruments.

It features all the charting and analytical tools a trader could possibly need. The platform also offers one-click trading, custom watchlists so you can better manage your investments, and a free automated strategy builder. It should be noted that access to this platform is only available with a minimum deposit of $100.

This broker also offers a few additional tools to make trading easier for you. These include a forex analysis and forecast center, an economic calendar, a free VPS, and a trading calculator.

Trade from anywhere

The roboforex website is mobile-responsive, meaning that you can easily navigate it using any device. You can register, make deposits and withdrawals, and more using your smartphone or tablet.

In terms of trading, you can opt for the mobile versions of MT4 or MT5, as well as the mobile version of roboforex’s R trader, namely R mobiletrader.

R mobiletrader features 13 technical indicators, 9 tools for graphic analysis, easy account management, and analytics from the broker’s experts. This makes it a powerful tool you can use to trade directly from your smartphone.

Take advantage of a wide range of educational materials

Our roboforex review team was pleased to discover that this broker offers plenty of educational materials. On the website, you will find everything you need to help you get started, from choosing the right type of account to advice on how to open your account.

The roboforex website boasts basic educational materials for forex trading. These materials can be used by anyone however our reviewers found that roboforex offers much more valuable guides for registered members.

After you register for an account, you’ll be able to access a vast array of educational videos for all levels of trading experience via claws & horns.

Enjoy quality customer support

Roboforex offers support in 12 languages, including english, thai, arabic, malay, spanish, and russian. You can get in touch with this broker via live chat, phone, email, a callback service, and a form on their website.

The broker’s live support specialists are available 24/7, which our roboforex review team found to be a major plus for the broker.

Our reviewers were also pleased to discover that the agents were very polite and helpful. They were quick to respond and proved to be very knowledgeable.

Sign up for a live account with roboforex for a great trading experience

Our roboforex review team concluded that this broker is highly accomplished and dedicated to providing you with a great experience.

Competitive spreads, attractive bonuses and promotions, quality trading platforms, and plenty of trading tools are just some of the things that make roboforex a great choice for any trader. You certainly shouldn’t overlook the vast range of trading instruments available either.

Is roboforex legit?

Roboforex is a legit broker that is registered with the international financial services commission of belize.

Does roboforex offer a bonus?

Roboforex offers a series of bonuses, including a welcome and classic bonus. This broker also offers a cashback scheme and other promotions.

What is the minimum deposit at roboforex?

The minimum deposit at roboforex is $10.

Is roboforex a scam?

Roboforex is not a scam. It is registered with the international financial services commission of belize and has been in operation since 2009.

What roboforex account types are there?

Roboforex offers STP and ECN accounts, including the pro-cent account for beginners, the pro-standard account for all levels of traders, and the pro-ECN account for more advanced and professional traders. You can also open a demo account.

So, let's see, what we have: roboforex offers MT4 & MT5 trading through several real-money accounts. Our review covers rebate bonuses, withdrawal methods & more. Register & trade today. At roboforex no deposit bonus review