ROBOFOREX REVIEW
RoboForex is a multi-featured Forex broker offering 40+ Forex pairs on MT4/MT5, fast execution, tight spreads, auto-trading, and a free VPS. Overall, there are 9 asset types and more than 12,000 instruments available. The broker is regulated by the FSA Belize and member of the "The Commission’s Compensation Fund" which protects up to €20,000 per trading account.
- Tight Spreads, Fast Execution, and Cash Rebates
- MT4/MT5, Auto-Trading, Copy-Trading, and EA Trading with a free VPS
◙ RoboForex Full Review Analysis
This is the full RoboForex review analysis.
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ROBOFOREX REVIEW -BASIC FACTS |
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STP FOREX BROKER |
ROBOFOREX TRADING INFO |
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◘ RoboForex Asset Index |
■ RoboForex offers 40+ Forex Pairs, plus many CFD Trading Assets |
The broker offers a wide variety of Forex assets plus many other financial instruments via CFDS.
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◘ RoboForex Typical Spreads |
Trading Spreads: ■ Zero-Spread Account ■ The spread on EURUSD for standard accounts starts as low as 1.3 pip |
MataTrader-4 & MetaTrader-5
R StocksTrader
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◘ RoboForex Trading Leverage |
■ RoboForex offers Leverage 30:1 and up to 500:1 |
In any way, it is better to avoid trading in any financial market by applying more than 10:1 trade leverage.
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◘ Lot Sizes |
■ The minimum lot size is 0.01 |
Typical lot sizes by RoboForex (micro, mini, standard). |
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◘ Automated Trading / Scalping |
■ Automated Trading -YES- ■ Scalping: -YES- |
Automated trading, hedging, and scalping are fully allowed. In addition, RoboForex offers a free VPS under a policy.
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◘ RoboForex Platforms |
■ RoboForex offers: MetaTrader4, MetaTrader5, and R StocksTrader |
Good variety of trading platforms covering all trading styles and needs.
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◘ RoboForex Typical Slippage (EURUSD) |
■ RoboForex Slippage is measured at less than 0.3 pip |
Relative tight slippage when trading with RoboForex. |
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◘ Other Features |
■ RoboForex offers a mobile app for iPhone and Android |
Mobile MT4 App for iPhone and Android devices. |
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The Company |
ROBOFOREX COMPANY INFO |
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◘ RoboForex Foundation |
■ RoboForex was founded in 2009 |
More than 15 years in the market. |
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◘ RoboForex Headquarters |
■ RoboForex headquarters are in Belize |
Address: 2118 Guava Street, Belama Phase 1, Belize City, Belize. |
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◘ RoboForex Regulation |
■ RoboForex is regulated by:
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RoboForex Ltd is registered by the Financial Services Commission of Belize.
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RoboForex Accounts |
ROBOFOREX ACCOUNT INFO |
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◘ Account Currencies |
■ EUR, USD, GLD |
Basic account currency options are available by RoboForex. |
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◘ Depositiing Methods |
■ CARDS | BANK WIRE | MANY INTERNET WALLETS |
Popular deposit methods
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◘ Withdrawal Methods |
■ CARDS | BANK WIRE | MANY INTERNET WALLETS |
The same methods as when depositing funds. |
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◘ US Residents |
■ RoboForex forbids US Residents -No- |
US traders are not allowed by RoboForex.
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◘ Minimum Deposit |
■ The minimum deposit is 10 USD |
The minimum deposit for opening an account is very low. |
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◘ Promotions |
■ RoboForex offers no Bonus, but there are other promotions available:
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There are no bonus promotions, but there is a free VPS that is quite useful for automated Forex trading. In addition, you can get trading rebates and interest on your account's balance. |
◙ RoboForex Rating
Rating RoboForex using the Rating Brokers Formula v.5
| ROBOFOREX RATING ANALYSIS | RATING |
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| 1. RoboForex Safety | 52.60% |
| 2. RoboForex Competition Analysis | 89.30% |
| 3. RoboForex Trading Options | 89.30% |
| 4. RoboForex Technology | 100.00% |
| Overall Rating | 80.74.% |
Check how the rating was made: » The full RoboForex Rating at ForexExperts.net
◙ RoboForex Trading Accounts
Account Protection
RoboForex Ltd participates in "The Commission’s Compensation Fund" which protects up to €20,000 if a Member refuses to adhere to a judgment from the Financial Commission.
Prohibited Countries
- USA, Australia, Brazil, Canada, Guinea-Bissau, Indonesia, Iran, Japan, Liberia
Five (5) different account types available for traders:
(1) Prime Trading account suitable for both currency and other types of markets
(2) ECN Account which combines high order execution speed and competitive trading spreads
(3) Pro Account which is a popular account type for beginners (CFD trading)
(4) ProCent Account type for testing strategies and EAs
(5) R StocksTrader Account offering 12,000 financial instruments (Indices, Real stocks, CFD on stocks, Currencies and ETF, CFDs on Oil, CFDs on Metals, CFDs on Futures)
◙ RoboForex Trading Technology
RoboForex offers three main platforms (MT4, MT5, and the R StocksTrader) and a wide asset index containing Fx Currencies, Precious Metals, and Stock Indices. The broker also provides a free VPS for automated trading and there is the option for copy-trading.
- CopyFx (Find and replicate the strategies of professional traders)
◙ Free VPS for your RoboForex's MT4/MT5 account
- Enable the RoboForex free VPS server and get 24/7 access to trading from anywhere
- The VPS server is always connected to high-speed internet -Independently from your internet provider
- You can use your MT4/MT5 terminal even when your PC is off
Hardware configuration
- Access to VPS: RDP
- CPU: 1 Core / RAM: 1 Gb / Disk Space: 30 Gb HDD
- Operating system: Windows Server 2019
Terms and conditions
- Available for a minimum equity on your trading account exceeding 300 USD (excluding any bonus)
- 3 standard lots minimum transactions (CFDs are NOT taken into account)
- If the volume criteria are not met, the client can use the "VPS server" service for a monthly fee of $5
◙ RoboForex Review Summary
Founded in 2009, RoboForex is a modern Forex and CFD broker offering 9 asset types and more than 12,000 instruments. RoboForex Ltd offers client bank account segregation and participates in "The Commission’s Compensation Fund" which protects up to €20,000 per trading account.
They offer a good variety of trading platforms including the industry's standard MetaTrader-4 and MetaTrader-5 plus a WebTrader and the R StocksTraders which offers 12,000 financial instruments. Concerning trading promotions, RoboForex provides several attractive loyalty programs to its customers including cash rebates and up to 10% interest rates on the account balance.
- Cash Rebates to all clients
- Up to 10% on client account balance
- Free VPS for auto-trading
Customer Service Support
- English, Arabic, Spanish, Portuguese, Russian, Kazakh, Malay, Thai, Czech, Ukrainian, Uzbek, Vietnamese, and Chinese
Overall, RoboForex is a top choice for all traders who want to trade Forex and CFDs with fast execution and tight trading spreads.
» Visit the website of RoboForex
■ ROBOFOREX.com Review
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