RoboForex foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://my.roboforexcn.org/cs/register/?_ga=2.221137616.916846501.1640230269-189023749.1640230268&_gl=1*1sj8ne3*_ga*MTg5MDIzNzQ5LjE2NDAyMzAyNjg.*_ga_KD23DCYKJK*MTY0MDIzODE4Mi4zLjEuMTY0MDIzOTQ5Ni40Ng..*_fplc*diUyQlVIYmYwTVhIVHhrY1g1cFFaUzNaMG93TXUyN09, about the company's legal and temporary regulatory information, the company's address Dimitriou Nikolaou 4, Office 101, Mesa Geitonia, 4006, Limassol, Cyprus.
Is RoboForex safe or scam
RoboForex, established in 2009, is a prominent international financial brokerage firm headquartered in Belize City, Belize. The company operates under the name RoboForex Ltd, which is privately held and not publicly traded. With a commitment to providing exceptional trading conditions and cutting-edge technology, RoboForex caters to a diverse clientele, including retail traders, institutional investors, and those interested in algorithmic trading.
Since its inception, RoboForex has experienced significant growth and has become well-recognized in the financial industry, accumulating numerous awards for its services. Key milestones in the company's journey include the introduction of cent accounts for beginner traders, the launch of its proprietary trading platforms, and the establishment of its copy trading service, CopyFX.
RoboForex operates under a hybrid business model that includes retail forex trading and services tailored for institutional clients. The firm offers a wide range of trading instruments, including forex, CFDs, stocks, and commodities, making it a versatile choice for traders of all levels.
RoboForex is regulated by the International Financial Services Commission (IFSC) of Belize, holding license number 000138/7. While the IFSC is considered a tier-3 regulator, it imposes certain requirements on licensed companies to ensure transparency and accountability. RoboForex also participates in the Financial Commission, which provides a compensation fund for traders, offering additional security with coverage up to €20,000 per case.
The broker adheres to strict KYC (Know Your Customer) and AML (Anti-Money Laundering) policies, which are essential for maintaining a secure trading environment. Client funds are kept in segregated accounts, ensuring that traders' capital is protected and not used for the broker's operational expenses.
RoboForex offers an extensive selection of over 12,000 trading instruments across eight asset classes. The primary offerings include:
RoboForex is continually expanding its product range, introducing new instruments and improving existing offerings to meet the evolving needs of its clients.
RoboForex supports the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, known for their robust functionality and user-friendly interfaces. Additionally, the broker has developed proprietary platforms, including RoboForex WebTrader and RoboForex Mobile Trader, which provide flexible trading solutions for users on the go.
The broker operates on an ECN (Electronic Communication Network) and STP (Straight Through Processing) model, ensuring fast order execution and competitive spreads. The infrastructure includes servers located in key financial centers, which enhances the speed and reliability of trading operations.
Traders can also benefit from automated trading capabilities through Expert Advisors (EAs) on the MT4 and MT5 platforms, as well as a unique strategy builder available on the R Stockstrader platform.
RoboForex offers a variety of account types to cater to different trading styles and preferences:
Leverage varies by account type, with options up to 1:2000 for retail accounts, providing traders with significant market exposure.
RoboForex supports a wide range of deposit methods, including:
The minimum deposit requirement is $10 for most accounts, while the R Stockstrader account requires a $100 deposit. Deposits are processed quickly, typically within one business day, and there are no fees for deposits.
Withdrawal options include bank transfers, credit/debit cards, and various e-wallets. While most withdrawal methods are free, some may incur small fees depending on the payment provider. Withdrawal processing times vary, with e-wallet withdrawals being the fastest, often completed within minutes.
RoboForex provides robust customer support available 24/7 through multiple channels, including live chat, email, and phone. The support team is multilingual, assisting clients in various languages, including English and Spanish.
The broker also offers a wealth of educational resources, including:
These resources are designed to help traders enhance their skills and make informed decisions.
RoboForex serves clients from a broad range of markets, including Europe, Asia, Africa, and the Middle East. However, it does not accept clients from certain countries, including the USA, Canada, Japan, and Australia, due to regulatory restrictions.
The broker's commitment to expanding its global reach while adhering to international standards ensures that traders from various regions can access its services effectively.
In conclusion, RoboForex broker stands out as a reliable option for traders seeking a diverse range of financial instruments, competitive trading conditions, and robust educational resources. While it operates under a tier-3 regulatory framework, the broker prioritizes client safety and transparency, making it a suitable choice for both novice and experienced traders alike.
News RoboForex was Chosen as the Best Stocks Broker in 2021
RoboForex provides trading services with 8 types of assets and 12,000 trading instruments.
FX1257448420
United Kingdom
I have been working with RoboForex since last year. I can see many negative opinions but let me tell u my experience. I NEVER had any problems regarding trading, deposit & withdrawals. Today I believe we need to stand and support RoboForex rather than spreading negativity.
Positive
2023-02-27