✨ ROBOFOREX BROKER REVIEW

☆ ROBOFOREX REVIEW AT A GLANCE

Headquarters/License: Belize | Regulated by the FSC {No 000138/7}

Customer Support: Multilingual (24/5) via EMAIL | PHONE | LIVE CHAT

Minimum Account / Fund Methods: 10 USD via BANK WIRE | VISA | MASTERCARD | SKRILL | NETELLER | WESTERN UNION | PERFECT MONEY

Trading Leverage: 30:1 (European traders) and up to 2000:1

RoboForex Forex Pairs: 36 Forex pairs plus many other financial instruments via CFDs

RoboForex Trading Platforms: MetaTrader-4 | MetaTrader-5 | RStocks Trader

Trading Spreads: 1.3 pip on EURUSD, no trading commissions

Trading Commissions: NO

PAMM/MAM Accounts: CopyFx

Islamic Accounts: YES (Instead of the swap, Swap-Free accounts are charged a fixed commission)

Free Forex VPS: YES (check below)

RoboForex PromotionsCashBack Rebates | Interest on Balance | Credit Bonuses

 

» THE ROBOFOREX WEBSITE

 

🔰 INTRODUCTION TO ROBOFOREX

RoboForex is an ECN/STP Forex broker established in 2009. Headquartered in Belize, the broker is regulated by the local authority FSC (Number 000138/7) and participates in the Financial Commission Compensation Fund.

CUSTOMER SUPPORT: Phone, Email, Live Chat

CUSTOMER SUPPORT LANGUAGES: English, Arabic, Spanish, Portuguese, Russian, Czech, Kazakh, and Malay

 

💻 ROBOFOREX TRADING PLATFORMS

Make your trading operations automatic in several clicks absolutely for free, without coding or downloading any additional software. Create and test trading strategies with RoboForex..RoboForex offer the classic MetaTrader-4 and MetaTrader-5 platforms from MetaQuotes, plus the RStocks Trader:

  1. MT-4
  2. MT-5
  3. RStocks Trader
  4. Mobile traders for iPhone and Android

RoboForex MT4 Overview

RoboForex trade Forex, commodities, equities, and spot metals through MetaTrader:

  • 3 types of order execution
  • 50 ready-to-use indicators for TA and tools for graphic analysis
  • Program your own trading robot (EA)
  • RoboForex allows automated trading, scalping, and hedging.
  • Fully allows Automated-Trading, EAs, Hedging, and Scalping

RStocks Trader

The RStocks platform allows traders to automate their trading operations without the need for coding or downloading any additional software.

  • Creating and testing trading strategies with RStocks Trader

VPS Hardware Configuration:

  • 1-Core CPU with 1 Gb of RAM and 30GB of Hard Disk space
  • Windows Server 2019 Operating system
  • Access to VPS RDP
  • Deposit 500 USD to your MT5 account and use the VPS server for free

 

🪙 ROBOFOREX FINANCIAL INSTRUMENTS

RoboForex offers a broad asset index that includes 36 Forex pairs along with many other financial instruments available through CFDs.

  • 36 Forex Currency Pairs
  • Metals
  • CFD on Oil, US stocks, and Indices
  • CFDs on Futures

 

🧑‍💼 ROBOFOREX ACCOUNTS

Trading Leverage: 30:1 (Europe) and up to 2000:1

Minimum Deposit: 10 USD

Account Currencies: Accounts may be opened in Euro and US dollars

Funding Methods: BANK WIRE | VISA | MASTERCARD | SKRILL | NETELLER | UNIONPAY | WESTERN UNION | PERFECT MONEY

 

⚙️ ROBOFOREX COPY FX

Create and promote your own trading style, or explore the top strategies used by other traders.

  • CopyFX allows traders to copy the positions of others
  • Any type of account can be used except for MT5 and R StocksTrader
  • Negative balance protection

 

💰 ROBOFOREX WELCOME BONUS

At the time of the review, RoboForex offer four different types of promotions to traders:

Cashback (Rebates) up to 15%

  • Receive Cashback for the trading volume of just 10 lots
  • Receive real money as Cashback and withdraw it instantly

Up to 10% interest on account balance

  • Payments for the trading volume start from 1 lot
  • No restrictions: you can withdraw instantly
  • Receive % on account balance every month

Profit Share Bonus up to 60%

  • Bonus up to 20,000 USD
  • Withdraw the profit received when trading your funds
  • Can be used during "drawdown"
  • The minimum deposit is just 10 USD

Classic Bonus up to 120%

  • Bonus up to 50,000 USD
  • Trade with bonus funds and withdraw the profit
  • Can’t be used during "drawdown"
  • The minimum deposit is just  10 USD

 

 

🗐 ROBOFOREX REVIEW -KEY POINTS

RoboForex is an STP/ECN Forex broker based in Belize and regulated by the local FSC. The broker offers a competitive Forex trading environment, a wide asset index, and various promotions for traders.

They provide MetaTrader 4 and MetaTrader 5 in both desktop and mobile versions, as well as the RStocks Trader platform. Expert Advisors, hedging, and scalping are allowed without restrictions. Additionally, traders can copy others’ trades through CopyFx. A free VPS is available under certain basic policies.

RoboForex’s asset index includes more than 35 Forex pairs, metals, energies, stocks, and indices. The broker also offers CFDs on Futures, a valuable tool for swing traders. Notably, CFDs on Futures do not charge swap rates, allowing traders to hold positions for several weeks without paying overnight fees.

The minimum deposit to open an account is just $10. Funding options include Visa, Mastercard, Bank Wire, and several internet wallets such as Neteller, Skrill, UnionPay, PerfectMoney, and Western Union. Account currencies include EUR and USD. Spreads start from 1.3 pips on EURUSD with no commissions, and order execution is very fast with minimal slippage.

After trading with RoboForex for several months, I found their service quite satisfactory. Order execution is speedy, spreads are relatively tight, and I appreciated the ability to place stop-loss orders very close to the current price, which is especially useful for scalping strategies. Another advantage is their fast withdrawal process.

🎯 Final Verdict

RoboForex is one of the top brokerage choices, suitable for all trading styles.

 

» START TRADING WITH ROBOFOREX

 

RoboForex.com Review

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