RoboForex

RoboForex Review: Is RoboForex a Good Broker?

Warning: RoboForex Ltd and its partners do not operate in the United States, Canada, Japan, Australia, Iran, Russia, and other restricted countries. RoboForex Ltd and its partners do not target clients in the EU/EEA/UK. You can receive investment services from a third-country firm only on your own initiative and must accept all associated risks.

Broker Overview and General Information

RoboForex is a financial and derivatives broker established in 2009, headquartered in Belize. The broker focuses on providing online trading services across a wide range of financial products, especially stock CFDs. With more than 12,000 instruments available, RoboForex is popular among traders worldwide and offers multiple trading platforms with advanced technology for fast and convenient access to global markets.

Licensing and Regulation

If you’re wondering whether RoboForex is good or reliable, regulation is the first factor to consider.

RoboForex operates under recognized financial oversight.
RoboForex Ltd is regulated by the Financial Services Commission (FSC) under license number 000138/32 and registration number 000001272. The company also complies with the Securities Industry Act 2021 of Belize.

Trading Products and Platforms

Trading Instruments

RoboForex supports trading across major financial markets, including:

• Commodities: Gold, oil, agricultural products

• Forex: Major, minor, and exotic currency pairs

• ETFs: A wide selection of ETFs

• Futures: Tradable futures contracts

• Indices: Leading global stock indices

• Stocks: Individual shares from international markets

Trading Platforms and Tools

RoboForex provides several platforms suitable for all experience levels:

• MetaTrader 4 (MT4): One of the world’s most popular platforms

• MetaTrader 5 (MT5): Includes additional features like an economic calendar

• R WebTrader: Web-based platform without installation

• R MobileTrader: Mobile app for iOS and Android

• R StocksTrader: A dedicated platform for trading over 12,000 stocks and ETFs

RoboForex Review: Account Types

RoboForex offers multiple account types to suit different trading needs.

Prime Account

• Spread: From 0 pips (floating)

• Leverage: Up to 1:300

• Commission: $2

• Minimum deposit: 10 USD / 10 EUR

ECN Account

• Spread: From 0 pips

• Leverage: Up to 1:500

• Commission: $4

• Minimum deposit: 10 USD / 10 EUR

R StocksTrader Account

• Spread: From 0.02 USD or 1.3 pips

• Leverage: Up to 1:500

• Minimum deposit: 100 USD

ProCent Account

• Spread: From 1.3 pips

• Leverage: Up to 1:2000

• Minimum deposit: 10 USD / 10 EUR

Pro Account

• Spread: From 1.3 pips

• Leverage: Up to 1:2000

• Minimum deposit: 10 USD / 10 EUR

Prime and ECN accounts are suitable for professional traders who need low spreads, while ProCent and Pro are better for beginners.

Deposits and Withdrawals

Deposit Methods

• Local bank transfer

• Skrill

• Neteller

• AstroPay

• STICPAY

• VISA / MasterCard / JCB

Most deposits are free of charge and processed within 1 day.

Withdrawal Methods

• Local bank transfer

• Skrill

• Neteller

• AstroPay

• STICPAY

• VISA / MasterCard / JCB

Fees vary by method, and processing time ranges from 1 to 10 days.

RoboForex also offers Free Withdrawal three times a month (on the 2nd, 3rd, and 4th Tuesday).

The company processes withdrawal requests within 2 business days from 9:00–18:00 (EET).

Customer Support and Contact Information

Contact Channels

• Live Chat

• Phone: +66 977 832 560

• Email:[email protected] /[email protected]

• Website inquiry form

• Facebook, Viber, Messenger, Telegram

Office Locations

• Registered Address: 2118 Guava Street, Belama Phase 1, Belize City, Belize

• Business Address: Belize Marina Towers, Barrack Rd., Newtown Barracks, Belize City, Belize

Conclusion: Is RoboForex a Good Broker?

RoboForex is suitable for traders at all levels. Its advantages include free VPS, fast order execution, low spreads on certain products, and a wide range of educational resources.

However, if you prefer a broker regulated by top-tier authorities in major financial jurisdictions, RoboForex may not be the perfect fit since it holds an offshore license. Some products may also have wider spreads during certain market conditions.

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