Roboforex Review 2022

RoboForex REVIEW (Update 2022)

5/5

The RoboForex Guide - In-Depth Review for 2022

RobotFX is one of the fastest online trading platforms for stocks, indices, forex, commodities, ETFs, CFDs, and cryptocurrencies. The spreads at RoboForex start at 0 pips, and they are known for their quick order execution compared to many other top brokers.RobotForex offers traders an extensive range of bonus programs and promotional offers, including a cashback offer of 15%. RobotForex offers traders negative balance protection and leveraged trades up to 1:2000.

The experts writing this RoboForex review have over 10 years of experience in the financial industry, including Forex, CFDs, Spread Betting, Share dealing, and Cryptocurrencies.
It is not applicable to US users..

Trading Advantages with RoboForex

Table of Contents

History of RoboForex ?

RoboForex has been operating since 2009 and is licensed by the IFSC under license number 000138/210.

RoboForex has always provided best trading conditions using innovative technologies and its many years of experience since its foundation.RobotForex is an international broker that offers more than 12,000 trading instruments and 8 asset types.

RoboForex pride on providing a wide variety of services to theirs clients and partners that are of the same quality regardless of their experience and investment amount.

  • 2009 – 2015

    • The Company established
    • Accession to the FSCL
    • Launch of Affiliate program
    • CopyFX and ContestFX projects
    • Implementation of “Negative Balance Protection” service
    • Launch of Bonus programs
    • Addition of R WebTrader platform
    • Giveaway of Tesla Model S supercar
    • Increase of the maximum permissible leverage value up to 1:1000
    • Addition of CFD instruments
    • Introduction of trading accounts in GOLD and CNY
  • 2016 – 2018

    • Creation of RAMM, a unique investment platform, and professional Analytics center
    • Release of the platform for trading stocks
    • Expansion of the total number of trading instruments to 9,400
    • Launch of “Free funds withdrawal” and “Profit Share bonus” programs on a permanent basis
    • Addition of “RoboForex Wallet” multi-currency payment service
    • Increase of the maximum permissible leverage value up to 1:2000
    • Sponsorship of a Muay Thai fighter and a world kickboxing champion, Andrei Kulebin
  • 2019 – 2020

    • Launch of the promotion with unique conditions for trading Indices
    • Addition of new servers – “ProCent-3“ and “ProCent-4“
    • Access to trading more than 3,000 real stocks of the largest American companies
    • Expansion of the total number of trading instruments to 12,000
    • Global updates to R WebTrader and R MobileTrader for Android and iOS
    • Status of a broker-winner of more than 20 awards of the financial industry
    • Improvement of conditions for trading Indices
    • Addition of oil and metals for trading through R StocksTrader
    • A giveaway with a total prize pool of $1,000,000 to celebrate the company’s 10-year anniversary

When it comes to online trading, you have to read many broker websites that use different words. The wording can be confusing. Selecting an online broker such as Roboforex can be difficult.The first hurdles for a beginner can include what appears to be a complex mobile or online trading platform, difficult investment terminology and confusing fees.As part of our Roboforex review, we cover the pros and cons, as well as the countries Roboforex are available in and where Roboforex are regulated.

Features of RoboForex

RoboForex Review 2022 Quick Summary
💰 Min Deposit $10
👱‍♂️ Used By 800,000 RoboForex users and traders
📆 Founded 2009
🌍 HQ Cyprus
👮‍♂️ Regulation FSC Belize, and a European license from CySEC
🚫 Excluded Countries ForexRbot is not available in the following countries : USA, Canada, Japan, Australia, Bonaire, Curaçao, East Timor, Liberia, Saipan, Russia, Sint Eustatius, Tahiti, Turkey, Guinea-Bissau, Micronesia, Northern Mariana Islands, Svalbard and Jan Mayen, South Sudan,

RoboForex Account Comparison

In forex trading, a trader holds an account with a company like RoboForex and it is primarily issued with the purpose of trading currencies.The type and number of accounts that a trader can open with a broker company differ depending on the country where the brokerage is based, the country of residence of the trader, and the regulatory authorities under whose jurisdiction the brokerage operates.

RoboForex offers six account types, including an Islamic account that is swap-free.

RoboForex Account Type review

RoboForex Prime Account

This type of trading account offers the best conditions at the company. It can be used for both currency and other types of markets.

RoboForex R StocksTrader Account

R StocksTrader is an online trading platform and mobile app by the same name that connects traders to the stock market.

RoboForex ECN Account

Experienced traders choose us because we offer the highest order execution speed and competitive trading conditions.

RoboForex ProCent Account

A type of account that allows you to test strategies and EAs, as well as smoothly transition from a demo account to a real account.

RoboForex Pro Account

Beginners often select this account type as it allows them to “flow into” real currency and CFD trading quickly.

RoboForex Islamic Account Option

Islamic Swap-Free accounts are offered by RoboForex. Instead of the swap, Swap-Free account owners are charged a fixed forex commission that depends only on the type of currency pair and quantity of open positions,Swap-free accounts were created especially for clients of Muslim faith, who are not permitted to trade with swaps under Sharia law.

Overnight Financing Charges

With a swap-free account, there is no swap fee. Instead, the client is charged a fixed commission amount for rolling a position over to the next day.

Currency pairs, Metals Commission (USD)**
USDCAD, XAGUSD, XAUUSD 2,00
AUDNZD, CADJPY, CHFJPY, EURCHF, EURJPY, GBPJPY, USDCHF 5,00
CADCHF, EURGBP, GBPCAD, GBPCHF, GBPUSD 4,00
USDJPY, AUDCAD, AUDUSD, NZDUSD, EURUSD 8,00
AUDCHF, AUDJPY, NZDCAD, EURAUD, EURCAD, GBPAUD, USDRUB, EURPLN, NZDCHF, NZDJPY, USDPLN 12,00
EURNZD, GBPNZD, USDZAR, USDMXN, USDCNH 20,00
RoboForex slamic Account

RoboForex Spreads

RoboForex Spreads fees

RoboForex Trading Platforms

Traders use the platform provided by a broker company to execute their forex trades.

There are platforms that are multi-asset, meaning they allow clients to trade not only forex but also other asset classes like CFDs on stocks, stock indices, precious metals, and cryptocurrencies.

Platform selection will be determined by what a client wants to trade, so it will also affect choosing a broker.

This company offers four platforms to choose from that will suit any trading style and any trading demand. It offers MetaTrader4 and MetaTrader5 platforms, as well as cTrader. It has developed RTrader for web and mobile trading.

RoboForex Platform Trading MT4 MT5
RoboForex Platform Trading Ctrade
RoboForex_Platform Trading Stoacks RWeb

Account Funding

RoboForex requires you to make an initial minimum deposit of USD $10 (or equivalents) when opening a trading account. There are a lot of funding methods (most fee-free) to deposit funds, including:

Credit Cards and Debit Cards
Wire Transfer and Bpay (Australia Only)
Neteller and FasaPay (US only)
Skrill and Union Pay (China only)

When the “Free Funds Withdrawal” promotion is running, you can deposit and withdraw without additional fees.

RoboForex Deposite Withdraw Bank Card
RoboForex Deposite Withdraw Vocher

Regulation

RoboForex Ltd is regulated by the IFSC, license 000138/210, reg. number 128.572. RoboForex Ltd, which is an "A" category member of The Financial Commission, also is a participant of its Compensation Fund.

IFSC Belize

Under the number 000138/210, RoboForex Ltd has a special brokerage license by the IFSC Belize called “Trading in financial and commodity-based derivative instruments and other securities.”.

IFSC Belize (International Financial Services Commission Belize) is a Belizean regulator of the financial services market of the international level.

The Financial Commission

RoboForex Ltd is a registered member of the Financial Commission, a governmental organization that resolves disputes between its members and their clients.

In addition to being a member of the Financial Commission’s Compensation Fund, RoboForex Ltd is also a member of the Financial Commission’s “A” category.

Civil Liability insurance program

RoboForex understands that all traders should concentrate their efforts on trading and not worry about the safety of their capital. Therefore, the company has taken additional steps to ensure compliance with its obligations to clients.

OUR RATING

The overall rating by our experts
Global Rating
9.3/10 93%
Spreads
10/10 100%
5/5
Risk Management
8/10 82%
4.5/5
Leverage
10/10 100%
5/5
Range of Markets
9.5/10 95%
4.5/5
Trading Platform
10/10 100%
5/5
Customer Service
9.5/10 95%
4.5/5

Leave a Reply

Send this to a friend