RoboForex Broker Review and Ratings

Start Trading with Confidence

RoboForex brings over 12,000 trading options to the table, covering currencies, commodities, ETFs, indices, and stocks, all starting with a low $10 deposit. As a regulated broker under the FSC and part of the Financial Commission, RoboForex offers a blend of security, broad market access, and flexible trading choices for people worldwide.

Reviewer Summary

RoboForex works for both newcomers and seasoned traders by offering different account types, a $10 minimum deposit, and a huge selection of tradable assets. The platform has its own trading software, free deposits and withdrawals, and a demo account for risk-free practice. Traders can trade forex, stocks, indices, commodities, and ETFs. However, those who want cryptocurrency trading or cTrader support will need to look elsewhere. Security comes first here, with two-step login, separated client funds, and SSL data encryption. With 24/7 customer support and copy trading via CopyFX, RoboForex is a good pick for those who value flexibility, simple access, and helpful tools.

Pros and Cons

Pros

• Just $10 to open an account
• Access to over 12,000 assets
• No deposit or withdrawal charges from RoboForex
• Free demo accounts for practice
• Several account types for different needs

Cons

• No crypto trading available
• cTrader platform not offered

Trust and Safety

Designed with Security in Mind

RoboForex puts customer security first by following regulations and using secure technology. The broker is regulated by the Financial Services Commission (FSC) and is a member of the Financial Commission, which helps resolve disputes and offers a compensation fund for extra peace of mind.

To protect client information, RoboForex uses SSL encryption and requires two-step authentication for account access. If your email is ever compromised, backup codes and SMS codes add extra protection.

Regulation Overview:

• FSC: Yes
• Other regulators (ASIC, CySEC, FCA, etc.): No

Tradable Instruments

Wide Range of Markets

With RoboForex, you can trade in a variety of markets, including:

• Currencies (majors, minors, exotics)
• Commodities (precious metals, energies)
• Stocks from global exchanges
• Indices
• ETFs (via R StocksTrader platform)

Crypto, bonds, and options are not available, which may be limiting if you want those asset types.

Account Types

Something for Every Trader

RoboForex gives you five main account types: Pro-Cent, Pro, ECN, Prime, and R StocksTrader. Each type has its own set of benefits, like tighter spreads for professionals or high leverage (up to 1:2000) for advanced users.

Beginners can use the demo account with no real risk. There are also Islamic accounts for swap-free trading and segregated accounts for extra fund protection.

Commissions and Fees

Low-Cost Trading

RoboForex makes trading straightforward and transparent. Costs are clear, so you know what you’re paying for.

Minimum Deposit:

• Only $10 to start

Trading Fees:

• Competitive spreads, especially for Pro accounts
• No hidden fees

CFD and Forex Fees:

• Small, clear charges that compare well with other brokers

Other Fees:

• No account maintenance or inactivity fees
• No deposit charges from RoboForex (external providers may have their own fees)
• Withdrawal fees depend on your payment method, with some methods free
• Standard overnight (swap) fees apply
• Currency conversion costs if trading pairs in different currencies
• No extra fees for guaranteed stop orders

Trading Platforms

Flexible Platform Options

RoboForex makes it easy to trade on your favorite device. Choose between desktop, web, and mobile platforms.

Mobile Apps:

• Available for Android and iOS
• Full trading functions, easy navigation, and solid charting tools

Web Trading:

• Use MetaTrader 4, MetaTrader 5, or R StocksTrader from your browser
• Access charts and trading tools without downloading anything

Desktop Apps:

• MT4, MT5, and R StocksTrader available for Windows and Mac
• Advanced charting and features for serious traders

Unique Features

More Than Just Trading

RoboForex goes beyond basic trading features. The CopyFX system lets you follow and copy proven traders or share your strategies. R StocksTrader offers analytics, real-time alerts, and user behavior tracking to help sharpen your approach.

The partner program gives fintech companies, creators, and traders a way to earn up to 85% of the spread and 30% of swap charges, with no payout limits. Partnership with Acuity adds market sentiment analysis and trend tools for better insight.

Research and Education

Learn and Stay Informed

RoboForex supports traders with a Learning Center full of easy-to-understand guides, trading basics, and tips for more advanced strategies. Materials are written by in-house experts and designed for all skill levels.

The platform joins with Acuity to deliver real-time market insights and AI-based sentiment analysis. You also get strong charting tools, trend detection, and analytics to support your decisions. While some advanced topics may be missing, the focus on ongoing trader education stands out.

Customer Support

Help When You Need It

RoboForex provides round-the-clock customer service through live chat, email, and phone. No matter your time zone, support is ready to assist. The team is known for quick and helpful responses, making it easier for traders to resolve any concerns quickly.

Account Opening

Simple Sign-Up

Opening an account with RoboForex isn’t complicated.

1. Register on the site using your name, email, and phone.
2. Confirm your account through a link in your email (sometimes phone verification is needed).
3. Upload your ID and proof of address to verify your identity.

The setup is fast and allows you to start trading with minimal delays.

Deposit and Withdrawal

Easy and Affordable Transactions

Deposits:

• Multiple payment methods: credit cards, bank transfer, e-wallets
• No deposit fees from RoboForex
• Minimum deposit is $10

Withdrawals:

• Use the same payment options as deposits
• Processing usually takes up to two business days
• Withdrawal fees depend on your payment provider, with some free options available

Getting money in or out is smooth so you can focus on trading.

Final Thoughts

RoboForex offers a strong package for traders who want variety and flexibility. With more than 12,000 assets, a $10 entry point, and tailored account options, the broker suits beginners and pros alike. It stands out with fair fees, strong security, and a range of trading platforms like MT4, MT5, and R StocksTrader.

While you won’t find cryptocurrency trading or cTrader integration here, features like CopyFX, AI-driven market analysis, and 24/7 customer care fill in the gaps. Whether you’re learning with a demo account or trading larger volumes, RoboForex gives you the tools and support to trade with confidence.

Contact

Phone: +593 964 256 286
Address: 2118 Guava Street, Belama Phase 1, Belize City, Belize

FAQs

What is the minimum deposit at RoboForex?
The minimum deposit to open an account is $10.

Does RoboForex have a demo account?
Yes, you can try out trading with a free demo account.

Is RoboForex regulated?
RoboForex is regulated by the Financial Services Commission (FSC) and is a member of the Financial Commission.

Are there deposit and withdrawal fees?
RoboForex doesn’t charge for deposits, and some withdrawal methods are free. Charges may apply depending on your payment provider.

Disclaimer:
The information on this page is provided by third parties and is not endorsed by Fusion Media. Fusion Media is not responsible for the accuracy or legality of the content and recommends users do their own research before making any financial decisions. Proprietary trading isn’t fully regulated and carries risks. Always trade carefully and understand the risks involved.