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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.

RoboForex Forex Broker

Basic Information

Registered Region
Cyprus
Operating Period
--
Company Name
RoboForex
Abbreviation
RoboForex
Company employee
--
Contact Number
+88 6277414290
Company address
Dimitriou Nikolaou 4, Office 101, Mesa Geitonia, 4006, Limassol, Cyprus
Keywords
5-10 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Is RoboForex safe or scam

Rating Index

How to login to RoboForex?
roboforex Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a roboforex Account Opening a trading account with RoboForex is a straightforward process that involves several key steps. Below is a detailed guide outlining e

  

RoboForex Broker - Comprehensive Information Guide

  

1. Broker Overview

  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.

  

2. Regulation and Compliance Information

  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.

  

3. Trading Products and Services

  RoboForex offers an extensive selection of over 12,000 trading instruments across eight asset classes. The primary offerings include:

  • Forex: More than 40 currency pairs, including major, minor, and exotic pairs.
  • CFDs: Contracts for difference on stocks, indices, commodities, and ETFs.
  • Stocks: Access to over 3,000 real stocks listed on major exchanges like NYSE and NASDAQ.
  • Indices: Trading on prominent indices such as the S&P 500 and DAX 40.
  • Commodities: Various options, including precious metals like gold and silver, as well as energy products like oil.

  RoboForex is continually expanding its product range, introducing new instruments and improving existing offerings to meet the evolving needs of its clients.

  

4. Trading Platforms and Technology

  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.

  

5. Account Types and Trading Conditions

  RoboForex offers a variety of account types to cater to different trading styles and preferences:

  • Pro-Cent Account: Minimum deposit of $10, spreads starting from 1.3 pips, suitable for beginners.
  • Pro Account: Minimum deposit of $10, spreads from 0.0 pips, designed for professional traders.
  • ECN Account: Minimum deposit of $100, offering direct market access with low spreads and commissions.
  • Prime Account: Minimum deposit of $5,000, ideal for high-volume traders seeking the best trading conditions.
  • R Stockstrader Account: Minimum deposit of $100, specifically for trading stocks and ETFs.

  Leverage varies by account type, with options up to 1:2000 for retail accounts, providing traders with significant market exposure.

  

6. Fund Management

  RoboForex supports a wide range of deposit methods, including:

  • Bank Transfers
  • Credit/Debit Cards (Visa, Mastercard)
  • E-Wallets (Skrill, Neteller, Perfect Money)

  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.

  

7. Customer Support and Educational Resources

  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:

  • Webinars: Interactive sessions led by industry experts.
  • Tutorials: Comprehensive guides covering trading strategies and market analysis.
  • Market Analysis: Daily updates and insights into market trends.

  These resources are designed to help traders enhance their skills and make informed decisions.

  

8. Regional Coverage and Restrictions

  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.

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Latest Reviews

FX1257448420

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

RoboForex

News

RoboForex was Chosen as the Best Stocks Broker in 2021

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.

RoboForex Forex Broker has an overall rating of 1.51, Regulatory Index 0.00, License Index 0.00, Business Index 6.99, Software Index 4.00 Risk Control Index 0.00.