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Roboforex

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5.6
19:12:45
Trading Conditions 8
Registration process 5
Usability 4
Deposits and Withdrawals 5
Customer Care 6

Positions of brokers in this rating are based on publicly available sources that are analyzed using AI. Broker positions in the rating may change frequently as broker information is updated regularly.

RoboForex has been operating since 2009 and is regulated by the FSC, license No. 000138/333. RoboForex is a financial brokerage company that offers 8 types of assets and over 12,000 trading instruments. RoboForex is now trusted by more than a million clients from 170 countries, and more than 40 professional awards highlight its expertise.

Regulation

RoboForex is regulated by The Financial Commission in Belize (License No. 000138/333), where it is headquartered, and a European license from CySEC (License No. is 191/13 Robomarkets Ltd).

Countries of presence

RoboForex operates in 170 countries around the world, the main distribution of clients is represented in the following countries:

  • Brazil 17%
  • Vietnam 15%
  • Colombia 12%
  • Ukraine 7%
  • Thailand 7%
  • Mexico 3%
  • Argentina 2%
  • Belarus 1%
  • Kazakhstan 1%

Awards

In total, the broker received about 40 awards, including:

  • Best Mobile Trading App from GF Awards – B2B – 2022 
  • Most Trusted Broker from International Business Magazine Awards – 2022
  • Most Transparent Broker from World Economic Magazine Awards – 2022

Trading Platforms

In addition to MT4 and MT5 platforms, Roboforex has its own trading applications R MobileTrader/R WebTrader, R StocksTrader and Ctrader.

Trading accounts

RoboForex offers different conditions for real and demo accounts for beginners and professional traders.

RoboForex allows you to open accounts on the Metatrader 4 & 5 platforms, and can also trade as a trader through its own R StocksTrader platform, represented by a mobile web terminal and a mobile application.

Prime – Type of trading account with the best conditions available in the company. It is suitable for both currency and other types of markets.

ECN – The choice of experienced traders, which combines the highest order execution speed and competitive trading conditions.

R StocksTrader – A special type of account for trading through the web platform R StocksTrader and the mobile application of the same name.

ProCent – An account type for testing strategies and Expert Advisors, as well as a smooth transition from a demo account to real trading.

Pro – The most popular type of trading account among beginners. This helps to quickly “join” real currency and CFD trading.

Prime ECN Percent Pro R StocksTrader
Account currency USD, EUR, GOLD USD, EUR, GOLD USD, EUR, GOLD USD, EUR, GOLD USD, EUR
Trading instruments 28 currency pairs, Metals, CFD on US stocks, CFD on Indices, CFD on Oil, Cryptocurrencies 36 currency pairs, Metals, CFD on US stocks, CFD on Indices, CFD on Oil, Cryptocurrencies 36 currency pairs, Metals, Cryptocurrencies 36 currency pairs, Metals, CFD on US stocks, CFD on Indices, CFD on Oil, Cryptocurrencies More than 12,000: Indices, Real stocks, CFD on stocks, Currencies and ETF, CFDs on Oil, CFDs on Metals, Cryptocurrencies
Minimum deposit 10 USD / 10 EUR 10 USD / 10 EUR 10 USD / 10 EUR 10 USD / 10 EUR 100 USD
Commission for trading volume of 1 million USD Yes

Accurate data on the commission for instruments can be found on “Contract specifications” page.

Yes

Accurate data on the commission for instruments can be found on “Contract specifications” page.

Not available Not available Tool dependent, min 0.5 USD
Execution type Market Execution Market Execution Market Execution Market Execution Market Execution
Spread Floating from 0 pips Floating from 0 pips Floating from 1.3 pips Floating from 1.3 pips Tool dependent, from 0
Quotes Extended (5 digits after comma) Extended (5 digits after comma) Extended (5 digits after comma) Extended (5 digits after comma) Extended (5 digits after comma)
Maximum leverage 6:00 9:20 34:20:00 34:20:00 Tool dependent, max 1:300
Minimum order volume (lots) 0.01 0.01 0.1 0.01 0.01
Maximum order volume (lots) 500 500 10 500 No limitations
Stop Out 100% 40% 10% 20% 20%
“Cashback(Rebates)” 5% of commission Up to 15% of the company’s revenue Up to 1.5% of the Company’s revenue Up to 15% of the company’s revenue
Profit Share bonus Not available Not available Up to 60% Up to 60%
Classic deposit bonus Not available Not available Up to 120% Up to 120%
% on account balance Up to 10% Up to 10% Up to 10% Up to 10%
Free funds withdrawal Yes Yes Yes Yes Yes
Swap-Free accounts No No Yes Yes Yes
One-Click Trading Yes Yes Yes Yes 20%
Trading account history For 1 year For 1 year For 1 month For 1 year Yes

Trading Instruments

Roboforex offers traders the opportunity to interact and trade over 12,000 different instruments. These instruments include forex, stocks, indices, cryptocurrencies and commodities.

Forex: AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADCHF, CADJPY, CHFJPY, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURNZD, NZDCAD, NZDCHF, NZDJPY, NZDUSD, USDCAD, USDCHF, USDCNH, USDJPY, USDMXN, USDPLN, USDRUB, USDZAR

Cryptocurrencies: BTCUSD, ETHUSD, XRPUSD, LTCUSD, DSHUSD, EOSUSD, BTCEUR, ETHEUR, ETHBTC, LTCBTC

Commodities: Gold, Silver, Brent, WTI

Indices: US500 CASH, USTECH CASH, US30 CASH, DE30 CASH 

Registration process

Registration takes only a few seconds – the client just needs to enter his email and name on the form, after which he will be redirected to his personal account, where there will be an automatically pre-opened Pro type trading account on the MT4 platform and a wallet is registered – a non-trading account for the safe storage of funds.

The password for authorization in the personal account and for access to the trading account will be sent to the email.

Verification

Account verification consists of three parts:

  • Email confirmation
  • ID confirmation
  • Address verification

To confirm the ID, the trader needs to attach a photo of his passport and fill out a form with personal information.

To verify the address, you must also attach a personal document confirming the country of residence (the exact list of accepted documents is indicated on the website).

After passing the full verification, the trader will be able to take advantage of additional bonuses, as well as request a withdrawal of funds.

Deposits and withdrawals

The list of payment methods for deposits and withdrawals is not too wide, but most of the necessary methods are included – e-wallets, bank transfers, credit cards and cryptocurrencies.

The minimum deposit is $10, the commission is compensated by the company. Deposit processing time – up to 1 day.

The client pays the commission on withdrawal independently, the payment execution time can take up to several days.

Support

Multilingual support works around the clock, and offers the following communication options:

  • WhatsApp
  • Facebook
  • Telegram
  • Telephone
  • Live chat
  • Email

In addition, a trader can find the information he needs in the FAQ section.

Promo&Bonuses

Welcome Bonus 30 USD

In order to receive a $30 welcome bonus, a trader needs only to register on the platform, verify their account and make a deposit of at least $10 using a credit card.

Bonus funds are available only for trading, it will be impossible to withdraw them.

Profit Share Bonus

Profit Share Bonus allows you to increase your deposit up to 60%. To receive it, it is enough to pass verification and make a deposit in any way convenient for you, after which your deposit will be increased by 60%.

After trading the required number of lots, the bonus amount may be available for withdrawal.

Classic bonus up to 120%

Classic bonus is a bonus on a client’s deposit. When making a deposit, a trader can choose what percentage of the bonus he wants to receive – 25%, 50%, 100% or 120%.

All you need to do is verify your account and make a deposit.

Bonus funds will be available for trading, and after trading the required number of lots – for withdrawal. The catch is that before trading the required number of lots, the trader can only withdraw profit, the deposit will be frozen in the same way as bonus funds.

Free VPS services 

The VPS server is always connected to uninterrupted high-speed Internet and does not depend on your Internet provider. It allows you to use the terminal at any time from anywhere, even if your computer is turned off.

To get a free VPS server, you need to make a deposit of $300, and then maintain trading at a level of at least 3 lots per month.

If the conditions are not met, the server will be disabled.

Cashback

Cashback is an easy way to earn extra income.

To receive it, it is enough to pass verification, turn on the program for the account and trade at least 10 lots per month.

The percentage of cashback depends on the number of lots, and ranges from 5 to 15%.

Up to 10% on account balance

A special program allows you to receive up to 10% of the account balance.

To be included in the program, you must pass verification and accept its terms in your account.

The interest rate depends on the number of traded lots, and ranges from 2.5 to 10%.

Loyalty program

Roboforex has a three-level loyalty program. To obtain VIP status, you must reach a certain threshold of the total deposit (from $ 3000 for the Silver level).

VIP clients receive a personal manager, improved cashback conditions and interest on the account balance.

Affiliate program

The Roboforex affiliate program allows you to make money by referring other traders.

Its benefits include:

  • no restrictions on the maximum commission
  • no restrictions on transactions
  • daily payments
  • 24/7 support
  • provision of promotional materials.

Also, one of the rare advantages is the ability to register in special programs that allow you to receive a multi-level affiliate commission – up to 5 steps.

Training

For education, Roboforex provides video tutorials, webinars and seminars.