Roboforex Review 2021: Unbiased Pros and Cons revealed

logomark Filippo Ucchino calendar Last Updated: November 2021 timer 23 min read
Security 93
Cost 92
Trading 74
Education 75
Rated: Excellent
84
View Contents

At InvestinGoal, we adhere to strict standards to ensure an unbiased review process. We conduct our reviews by examining each broker’s offering and performance across 4 key categories. A final rating is produced for each forex broker based on a total of 187 data points. Learn more about our review process and methodology.

Founded in 2009, RoboForex is the international entity of RoboMarkets, aimed at non-EU traders. The broker is well-regulated by CySEC and the IFSC and provides service to more than 800,000 traders in 150 countries. RoboForex offers ECN execution and a low minimum deposit.

The InvestinGoal team has taken an in-depth look at the broker and all of their key features including the available assets range, available account types, and more.

The main strengths of RoboMarkets include:

  • Low minimum deposit
  • Spreads from 0 pips
  • Range of trading platforms and account types
  • Well-regulated
  • Insurance coverage of up to $5,000,000
  • Copy trading available

RoboForex provides a demo account for you to try their service and features before depositing real money.

OPEN A ROBOFOREX DEMO ACCOUNT

74-89% of retail CFD accounts lose money

Our Opinion

Roboforex Review: Who is Roboforex suitable for?

Roboforex is a Market Maker broker which is suitable for all types of traders. The account types’ choice, the platforms’ choice, and an extensive range of payment methods provide a very good environment for traders. On the other hand, commissions and spreads on certain account types may be higher than the ones offered by other brokers.

Roboforex is also excellent at accommodating a variety of trading techniques. This includes hedging, scalping, and the use of EAs. You will have access to all the top trading platforms including MT4, MT5, and cTrader with copy trading also available.

Downsides and Advantages to consider before starting

Downsides

Beginning with areas that could be improved on, the spreads with a Pro and Pro Cent account are relatively high when compared with other major brokers. This also applies to the commission charged through the ECN and Prime account types. You may also find that not all assets or platforms the broker has are available on every account type. Finally, the demo account provided is not unlimited although you can open multiple accounts.

Advantages

There are also many positive points to mention. These include the fact you will have a great range of account types to choose from as well as access to all the top trading platforms in the industry. While the commissions are relatively high, the spreads are low and competitive on the ECN and Prime accounts. You will also have access to copy trading through the dedicated CopyFX platform.

Pros and Cons: A Summary

Roboforex Offer Advantages Disadvantages
Demo Account Access to all tools and platforms 90 days trial
Minimum Deposit From $10 $10.000 if you want to trade US Stocks Pro
Forex Low spreads on ECN and Prime accounts Number of currency pairs is limited
Stocks Good number of stocks offered as CFDs and as real Some other brokers offer a greater number of stocks and even lower commission
Copy/Social Trading High-level Proprietary platform Other brokers may offer a better service

Roboforex Forex Trading

Trading forex at Roboforex you will be able to trade more than 40 currency pairs in total. The spread here starts from 0 pips with the ECN, R StocksTrader, and Prime accounts. The commission is $20 per million traded on ECN accounts or $15 per million traded with a Prime account. If you are using a Pro or ProCent account, the spread starts from 1.3 pips.

Pros

  • Raw spreads are offered with the ECN and Prime accounts
  • Spreads start from 0 pips with no commission on forex with an R StocksTrader account

Cons

  • Only a limited number of currency pairs are available to trade
  • Commissions on ECN and Prime accounts are slightly higher than with other brokers

Roboforex Stocks Trading

It is possible to trade stocks with Roboforex. In fact, you will have more than 12,000 total assets to choose from. Many of these are available as CFDs and a lot as real assets too. The R Stocktrader account allows you to trade both stocks and forex along with CFDs in metals, CFD oil, and indices through the R StockTrader platform. You will find competitive spreads and commissions on stocks while you can also trade CFD stocks with the ECN and Prime accounts with a $20 and $15 per million commission respectively.

Pros

  • The broker offers access to a good number of stocks
  • Stocks are offered as both real and CFDs
  • They have a dedicated account for trading stocks

Cons

  • Some other brokers offer a lower commission on stocks

Roboforex Copy/Social Trading

Copy and social trading are both available through the proprietary CopyFX Platform. Here it is possible to copy trades and interact with many other traders from the vast community of users. The minimum deposit starts low at $100 and you will have access to top-quality tools to help you trade.

Pros

  • CopyFX is an excellent proprietary trading platform

Cons

  • You may find a more dedicated copy trading service elsewhere

Security

The first area we will take a close look at is security. This is essential to keeping both you and your funds safe while trading. Here is exactly what is on offer from Roboforex.

Roboforex Security

Security 93
1
1
1
+ Add to compare
Visit Broker
61.41% of retail CFD accounts lose money

Foundation and Offices

The broker has a longstanding history in the industry having been founded in 2009. They still retain their registered address at 2118 Guava Street, Belama Phase 1, Belize City, Belize.

Regulations

Roboforex Ltd is regulated by the IFSC under the license number 000138/210. This can be easily checked out and verified at the website of the regulator whenever you require it.

Money Protection

When it comes to keeping your money safe, Roboforex takes many steps. They make use of segregated bank accounts with top banks meaning they can never access your funds for company use in times of difficulty. They also offer negative balance protection as standard and you will have access to a compensation fund of up to $20,000.

Your account is protected by 2-factor authentication and the broker themselves are covered by the Civil Liability insurance program for a limit of 5,000,000 EUR. This includes market-leading coverage against omissions, fraud, errors, negligence, and other risks that may lead to financial losses of clients.

Awards

Over the years they have been operating, Roboforex has picked up many awards. Just since 2012, they have collected 30. In 2021 alone they have won awards for the Best Investment Products (Global), Best Multi-Asset Trading Platform (LatAm), Most Trusted Broker (Global), Most Transparent Broker (Global), Best Prime Trading Account (Asia), and Best Mobile Trading App (Global).

Such accolades from the industry are a mark of a truly respected broker.

Who can use Roboforex?

While they offer services to more than 800,000 clients from 169 countries, there are still a few places where trading services are not offered. European Traders are accepted, though they must sign in with the EU branch of the broker. if you’re based in the European Union, you should check our review of RoboMarkets. Here’s the complete list of countries where RoboForex does not operate:

    • Guinea-Bissau
    • Liberia
    • South Sudan
    • Bonaire
    • Canada
    • Curaçao
    • Saipan
    • Sint Eustatius
    • USA
    • East Timor
    • Japan
    • Turkey
    • Russia
    • Svalbard and Jan Mayen
    • Australia
    • Micronesia
    • Northern Mariana Islands
    • Tahiti
  • Pros

    • The broker has won a huge number of awards
    • They provide the best level of security for your funds

    Cons

    • Service is not available in some countries

    Costs and Accounts

    There are many things to consider when you are opening an account with Roboforex or any broker. Here is a closer look at all of the accounts available and the costs you will find at the broker.

    Roboforex Cost

    Cost 92
    + Add to compare
    Visit Broker
    61.41% of retail CFD accounts lose money

    Account Types

    Roboforex offers access to many different account types. Here is the lowdown on each of them.

    Roboforex Demo

    The Roboforex demo account is available on all types of accounts at the broker and offers risk-free access to start trading. It is perfect if you are a beginner or want to check out the broker before trading. You will also be able to access all of the trading platforms. You will find all of the regular features of a live account here, including the “Cashback Rebates” program even though all funds are virtual.

    The demo account itself is limited to a 90-day trial period but you can open as many demo accounts as you need over time.

    Prime Account

    The Prime account is a top choice with many traders at Roboforex. Like most of the accounts, you will find a very accessible minimum deposit of just $10 in place. With this, you will be able to trade in a total of 28 currency pairs, metals, US stock CFDs, index CFDs, and oil CFDs.

    The Prime account operates with market execution in place and spreads start from 0 pips with a $10 commission per million traded on forex. The minimum order volume is very accessible at only 0.01 lots with a maximum of 500 lots.

    ECN Account

    The ECN account from Roboforex also has a great low minimum deposit requirement of just $10 and the spread again starts from 0 pips this time with a $20 commission per million traded on forex.

    You will have access to a few more assets, 36 in total for currency pairs and also metals, US stock CFDs, index CFDs, and oil CFDs. Again, the account utilizes market execution and has a minimum trade size of 0.01 lots and a maximum of 500 lots.

    ProCent Account

    The Roboforex ProCent account can be opened with just a $10 minimum deposit and is a popular choice among those who want to trade with no commissions. This is the case, though spreads start a little higher from 1.3 pips.

    You will have 36 FX pairs available to trade and this account type supports base currencies of the USD Cents or Euro Cents. While this account also offers market execution, the minimum trade size is slightly higher at 0.1 lots with a maximum of 10,000 lots accounting for the cent trades. You will also be able to engage leverage of up to 1:2000 depending on your location.

    Pro Account

    The next account choice at Roboforex is their Pro account. Here you can also get started with a low minimum deposit of just $10. The spread starts from 1.3 pips here and you will be able to choose from 36 currency pairs, metals, US stock CFDs, index CFDs, and oil CFDs.

    As with the other account types, market execution is in place and you will be able to access high leverage of up to 1:2000 depending on your location. The minimum order volume here will be 0.01 lots while the maximum is 500 lots.

    RStocksTrader Account

    The RStock Trader account is targeted at professional traders, though with a minimum deposit of $100 it remains accessible to all. Here you can trade indices, real stocks, CFDs on stocks, forex and ETFs, CFDs on oil, CFDs on metals, and even CFDs on Brazilian stocks.

    More specifically within this account type, you will be able to further specify the type of account you need based on what you are trading. There is the US Stocks Pro version though it has a $10,000 minimum deposit. There is also a US Stocks, US Stocks CFD, EU Stocks CFD, and Brazilian Stocks CFDs account category.

    Islamic Account

    There is a fully Shariah law compliant Islamic account available for the cent and standard MT4 based account types. This is also possible with Pro-Affiliate accounts. Beng Shariah-compliant means there will be no swap fee. This will instead be replaced by a fixed commission that depends on the type of currency and the number of open lots you have.

    VIP Account

    With a Roboforex VIP account, you can qualify for a range of different benefits based on which of the 3 program levels, Silver, Gold, or Platinum, that you qualify for. These benefits include up to 40% additional cashback, a possible increase of up to 40% on your account balance, access to VPS with no restrictions, and your own personal account manager.

    As mentioned, there are three program levels. These depend on the amount of funds in your account with silver starting from $3,000 to $30,000, Gold from $30,000 to $100,000, and Platinum above $100,000.

    Account Base Currency

    The Account Base Currencies available are: USD, EUR, CNY and GOLD.

    Anyway, you will have your choice of many deposit currencies including the USD, BRL, CNY, THB, LAK, MMK, KHR, VND, EUR, MYR, AED, AUD, CLP, IDR, PLN, UAH, GBP, KZT, and CHF.

    Keep in mind that you will have to pay a conversion fee if you deposit or withdraw in any other currency that’s not your base currency.

    Deposit

    Roboforex Minimum Deposit

    The minimum deposit at Roboforex will depend on the account type you choose to open. This is $10 for the ECN, Prime, Pro, and ProCent accounts. For the R StocksTrader account, the minimum deposit is $100, but it goes up to $10,000 if you want to trade with US Stocks Pro.

    Roboforex Deposit Methods

    There is a huge number of deposit methods catered for, more than 20 in total. The availability of these will depend on your location but you can make bank payments through Bank Transfer (SEPA), ChinaUnion Pay, and Webpay, bank card payments using UnionPay, JCB, Visa, and Mastercard. You will also be able to use a number of eWallets such as AstroPay, Skrill, Neteller, Perfect Money, and AdvCash. Cash and vouchers can also be deposited through Western Union, Bancomer, and Pago Facil

    For a full list of payment methods beyond those highlighted here, you can check out the brokers’ website.

    Roboforex Deposit Fees

    From the broker’s side, there are no deposit fees to worry about. The only fee may be if you deposit a non-base currency and have to pay a small conversion fee.

    Withdrawals

    Roboforex Withdrawal Methods

    Almost all of the same methods available for making a deposit are also available to make a withdrawal. If you are unsure if any methods are supported, you can double-check through the broker website.

    Roboforex Withdrawal Fees

    There are some fees to consider when dealing with Roboforex withdrawals. These are as follows:

    • Bank Transfers: 1.5% up to 1,8% with China UnionPay
    • Credit Cards: 2,6% + 1.3 USD/EUR fixed commission (Visa, Mastercard, JCB)
    • Skrill: 1% (for Taiwan residents is 2%)
    • Neteller: 1.9%
    • Perfect Money: 0.5%
    • AstroPay: 0.5%
    • AdvCash: 1%

    Though these fees apply, you can benefit from the special “withdraw without commission” program.  This allows you to make commission-free withdrawals on the first and third Tuesday of each month. It may not be available to all traders so it is best to check with the broker first.

    Spreads & Commissions

    The Roboforex spreads start from 0 pips on Prime and ECN accounts, and 1.3 pips on ProCent and Pro accounts. The table below notes the average spread on each account type.

    Commissions are $20 per million traded on forex with an ECN account and $10 for the same amount through a Prime account.

    Asset Class ECN Commission Prime Commission
    Forex $2,00/lot $1,00/lot
    Metals $2,00/lot $1,00/lot
    Index $0,50/lot $0,40/lot
    Crypto $200,00/lot $200,00/lot
    CFD Stocks $20,00/lot $15,00/lot

    The R StocksTrader account has spreads from 0 pips on forex, and from 0.01 USD on US stocks. The commissions on each asset class with the account are also noted below.

    Asset Minimum Spreads R StockTrader Commission R StockTrader Minimum Commission
    Real US Stocks (Minimum deposit from $10.000) 0,01 USD 0,0045 USD per share 0,25 USD
    Real US Stocks 0,01 USD 0,02 USD per share 1,5 USD
    CFD on US Stocks 0,01 USD 0,015 USD per share 1,5 USD
    CFD on EU stocks 0.000 0.07% 2.8 EUR/ 2.8 GBP
    CFD on Brazilian stocks 0.000 0.1% 10 BRL

    Fees

    Here is a final look at some other fees you may encounter while trading with the broker

    Overnight Fees

    An overnight fee is charged here, as it is with other brokers, on all CFD assets offered. This is charged if you hold positions overnight and is applied at the closing time of the market. The fee is variable depending on the asset and the market so you can check it in closer detail through the broker’s website at the time of trading.

    Inactivity Fees

    Roboforex does not charge an inactivity fee.

    Pros

    • A great number of account types are offered
    • There is a huge range of payment methods available
    • Spreads start from 0 pips with the ECN and Prime accounts
    • No inactivity fees are charged

    Cons

    • Commissions on the ECN and Prime accounts are a little high
    • Spreads on the Pro and ProCent accounts also run slightly above average
    • There can be withdrawal fees in many cases

    Trading

    Trading is the most important activity you will participate in at any broker. With that in mind, we have gone in-depth on every aspect of the trading at Roboforex for your benefit.

    Roboforex Trading

    Trading 74
    + Add to compare
    Visit Broker
    61.41% of retail CFD accounts lose money

    Trading Features

    There are many trading features you will encounter along your journey with the broker. Now we will take a closer look at each one.

    Executions

    Roboforex is a market maker broker that also offers ECN accounts and provides for market execution throughout to all traders.

    Sizing

    The general minimum lot size you will find at the broker is 0.01 lots with the exception of the ProCent account which is 0.1 lots.

    Techniques

    Roboforex is open and flexible when it comes to accepting a variety of trading techniques. This means you can use the EAs feature of your MetaTrader platform as well as engage in hedging, and scalping. You will also have 24/7 access to their proprietary VPS should you want it.

    Risk Management

    Risk management is vital in trading. To this end, you will be able to access a number of tools through your trading platform like setting stop losses, take profits, limit orders, and trailing stops to manage your positions.

    The broker also utilizes a margin call to help you control your levels of account equity if you are trading on leverage.

    Trading Hours

    Trading hours for forex will be 24/5 when the market is open. Commodities are typically 23/5 with an hour break, while for other assets this will depend on the asset itself and the market hours of the exchange you are trading on. For example, if you are trading US stocks the hours will differ from trading assets in Asia or Europe.

    Leverage

    The amount of leverage available will vary depending on the regulation you are trading under, the assets you are trading, and the account type you are using. The maximum leverage offered is 1000:1 on forex on MT4/MT5.

    Account Types Maximum Leverage
    Prime 300:1
    ECN 500:1
    R StocksTrader 300:1
    Pro 1000:1
    ProCent 1000:1

    As a new client under IFSC regulation, it is possible to increase your leverage to 2000:1 on Pro and ProCent accounts by opening a new account through your members’ area.

    Between 11:00 PM (EET) Friday and 1:00 AM (EET) Saturday and if the equity on the account exceeds $5000 or equivalent, the leverage is set back to 1000:1.

    The maximum leverage available on an R StockTrader account is 20:1 on stocks.

    Platforms & Mobile

    Trading platforms are your windows to the market. They are therefore an integral part of your broker experience. Here is what you can expect to find from Roboforex in this regard.

    Charting and Trading tools

    You will have access to a great range of charting tools and indicators through some of the best trading platforms in the industry. cTrader, Roboforex terminals (mobile and web), and RStocksTrader as well as MT4 and MT5 offer more than 50 indicators and dozens of charting tools as standard. Each one of these platforms is highly customizable and one-click trading is widely possible also.

    MetaTrader4

    MetaTrader 4 is a longstanding and massively respected platform in the industry. Here you will have access to a robust and user-friendly platform on desktop, web, and mobile that is powerful with more than 50 indicators and tools available. For auto trading, there is also the very popular EAs feature and 3 types of order execution in a secure and stable setting.

    MetaTrader5

    MetaTrader 5 offers much of the same credibility and excellence as MT4 but includes 4 types of order execution along with 6 different types of pending orders. The EAs feature can again be used and the platform is also available via desktop, web, and mobile.

    Use of the broker VPS is available until 31st December 2021 if you deposit or have $500 into your MT5 account.

    cTrader

    cTrader is another hugely respected trading platform you will have access to. Here you will again find a multitude of indicators and tools, 54 technical indicators in total are here and you will have 14 timeframes to view and trade within.

    The trading experience is again highly customizable with the ability to create your own instrument list and engage in auto trading through the cAlgo feature. cTrader is a very popular trading platform with scalpers and is available with ECN and Pro accounts for desktop, web, and mobile.

    R StocksTrader

    You can use the R StocksTrader platform as a web-based platform and you will find a very user-friendly offering that is intuitive and easy to get to grips with. The visually attractive platform gives you access to advanced watchlists and the ability to trade directly from charts.

    Here too you will be able to use the free automated strategy builder in creating trading algorithms with features to help you to reduce manual trading time. There is also a huge range of tradable assets you will choose from. This includes more than 12000 stocks, indices, and ETFs featuring bonds and securities.

    Roboforex Terminals

    Finally, there is are the Roboforex Terminals that are available via web trader (R WebTrader) and mobile trading app (R MobileTrader) . Here you will have access to an additional 13 technical indicators and 9 graphic and charting tools to help with trading.

    Making a deposit to your account can be conveniently done through the terminal without even having to log into your member’s area. The terminals are also very flexible, with R WebTrader you can trade on all types of MT4 accounts, and using R MobileTrader you can contact the support team directly through the app at any time they are available. Perfect for trading on the move.

    Markets

    Moving to the markets offered, it is important to note that not all assets may be available depending on your location. You should double-check this with the broker if you are unsure.

    Forex

    There are in total more than 40 FX currency pairs to trade. The spread here starts from 0 pips depending on your account type.

    Commodities

    There are over 100 commodities in total available to trade. This number includes many soft commodities like cocoa, coffee, corn, wheat, sugar, soybean, and fruit while you can also trade 2 energy commodities in the form of Brent and WTI oil.

    CFD Metals

    Gold and Silver CFDs can be traded as can many ETFs focused around Gold, Palladium, Silver, and Platinum. In total, you will find more than 20 metals ETFs available.

    CFD Index

    In excess of 10 major indices are offered for trading here as CFDs. The average spread starts is 0.5 pips on ECN and Prime accounts.

    Stocks

    A huge number of stocks are available to be traded on every account type except the ProCent account. There are more than 12,000 assets available with the R StockTrader account, 8,000 of which are stock CFDs, and more than 3,500 of which are real assets including the likes of Amazon, Facebook, Siemens, Netflix, Apple, Alphabet, and many other big names.

    ETF

    Again ETFs can be traded with all account types except the ProCent account. There are more than 1,000 ETFs to choose from and the spread starts from rock bottom at 0 pips.

    Cryptocurrencies

    Cryptocurrency trading is possible with all account types except for the ProCent account. Here you will find both Ethereum and Bitcoin against the USD and Euro.

    CFD Russian GDRs

    CFDs on Russian GDRs can be traded with all accounts except for the ProCent account. 13 in total are available and the spreads again start from 0 pips.

    Products

    These are some of the other products and features you will find on offer from Roboforex:

    R Trader Strategy Builder

    The R Trader strategy builder is a free tool that can help you set up and automate your trading strategies in just a few clicks. It is easy to use with no need for a download or any additional software or code and you will even be able to run tests before running your strategy for real.

    Trading Calculator

    The trading calculator tool is useful for helping you make calculations online and using a number of parameters. You can use it to evaluate your strategy effectiveness quite quickly with just some basic data and you will be able to enter information like ticker, lot, leverage, and account currency prior to determining results.

    Bonuses and Promotions

    There can be many bonuses available including the 120% deposit bonus for your first and following deposits. You also have a chance to win up to $50,000 depending on how much your deposit.

    As a new trader, there is a $30 welcome bonus if you are opening a Pro or Pro Cent account. There is also a profit share bonus that can increase your deposit by as much as 60% on the same account types.

    From July 2021 to April 2022 over 500 prizes from $1,000 to $20,000 will be given to traders who join the promotion according to winning combinations based on the closing prices for stocks on the first Friday of each month.

    Up 10% on Account Balance

    Further to what has already been mentioned, you can qualify to receive up to 10% of your account balance as a bonus based on your monthly trading volume. The is allocated as 2.5% for trading between 1-10 lots, 5% for between 10-1,000 lots, and 10%  for more than 1,000 lots traded.

    Cashback Rebates

    There is also a Roboforex cash rebates program available on all account types. This again is based on your volume and details are in the table below.

    Calculation Method 10-1,000 lots 1,000-3,000 lots more than 3,000 lots
    ProCent On the revenue 5% 10% 15%
    Pro On the revenue 5% 10% 15%
    ECN On the commissions paid 5% 10% 15%
    Prime On the commissions paid 5% 7% 10%

    Free Contests

    There are many free contests you can enter if you are using a demo account. These change in type and condition over time and depending on your location so it is worth keeping an eye on the broker’s website for updates.

    Free VPS Server

    Use of a VPS is offered for free if you trade at least 3 standard lots. Other than that,  you’ll pay a monthly fee of $5 for using it. This can be used 24/7 from anywhere and gives you access to a high-speed server ideal for auto trading strategies.

    Social Trading – Copy Trading

    Social and copy trading is provided through the proprietary CopyFX platform which has a huge number of traders already involved. The minimum deposit to start here is $100 and it is a great platform to copy experienced traders’ operations and signals.

    Pros

    • Top trading platforms are offered through desktop, web, and mobile
    • An excellent proprietary copy trading platform is provided
    • Use of a free VPS is available
    • Extremely high leverage can be accessed

    Cons

    • This same high leverage can come with high risks
    • Not all platforms are available for every account type
    • Asset availability depends on location and account type

    Education and Support

    The final area we will zoom in on is also very important not only to your current experience but also your growth and development as a trader. Here is what we have found out about Roboforex education and support.

    Roboforex Support

    Education 75
    + Add to compare
    Visit Broker
    61.41% of retail CFD accounts lose money

    Languages

    There are a total of 18 languages supported by the broker. These are Russian, Malaysian, Thai, Portuguese, Polish, Ukrainian, Spanish, Arab, Italian, Chinese, Traditional Chinese, German, Czech, Estonian, Latvian,  Vietnamese, Hungarian, and Croatian.

    Research

    With research, you will have access to the Roboforex analytics center where you will find a host of analytical data and instrument information that can prove insightful. There are also forecasts and forex analysis available as well as a detailed economic calendar and noting of the forex market holidays in a neat table.

    Added to that, the broker provides a good FAQ section where you can find the answer to many questions as well as forex, stocks, and index charts where you check prices in real-time.

    Customer Service

    Customer service and support at the broker are accessible through a variety of mediums. These include phone, email, a web-based live chat service, and a number of social media channels as well as being able to visit the physical offices of the broker.

    All contact methods are effective and the response is both speedy and professional in answering your requests and queries.

    Education

    The education section at Roboforex includes a selection of video tutorials on trading in general that can be useful to those starting out in the industry. As a stock trader, you may also find some helpful content on stock trading, how to get started with it, and the account opening process.

    You will also be able to access a trading tips pages that can help you pick up some useful information on certain assets.

    Pros

    • The customer support service offered is excellent
    • Many languages are available for the website

    Cons

    • The education section is light particularly for more experienced traders

    Roboforex FAQs

    Is RoboForex regulated?

    RoboForex is the international entity of RoboMarkets. The RoboForex entity is regulated by the IFSC in Belize and caters to international traders from outside Europe.

    How long does it take to withdraw from RoboForex?

    The length of time it can take to complete your withdrawal from RoboForex varies depending on the withdrawal method you are using. Withdrawals can take up to 5 business days with wire transfers typically taking the most time.


    Visit Broker
    61.41% of retail CFD accounts lose money

    About the Author

    Filippo Ucchino

    Co-Founder - CEO - Broker Expert
    Filippo is the co-founder and CEO of InvestinGoal.com. He has 15 years of experience in the financial sector and forex in particular. He started his career as a forex trader in 2005 and then became interested in the whole fintech and crypto sector.
    Over this time, he has developed an almost scientific approach to the analysis of brokers, their services, and offerings. In addition, he is an expert in Compliance and Security Policies for consumers protection in this sector.
    With InvestinGoal, Filippo’s goal is to bring as much clarity as possible to help users navigate the world of online trading, forex, and cryptocurrencies.
    Roboforex Review 2021: Unbiased Pros and Cons revealed

    Related Reviews

    0
    Security 0
    Cost 0
    Trading 0
    Education 0
    0
    Security 0
    Cost 0
    Trading 0
    Education 0
    0
    Security 0
    Cost 0
    Trading 0
    Education 0

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    Keeping you better informed

    Find and Compare the Best
    Online Brokers for You

    Trading CFDs, FX, and cryptocurrencies involves a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Your capital is at risk. The present page is intended for teaching purposes only. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Any real or simulated result shall represent no warranty as to possible future performances. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility.
    ADVERTISER DISCLOSURE: InvestinGoal is completely free to use for all. Though we may receive a commission from brokers we feature, this does not impact the results of our reviews or rankings which are conducted with complete independence and objectivity, following our own impartial methodology. Help us continue to provide the best free broker reviews by opening your account with our links. Please read our Advertiser Disclosure to learn more.
    Copyright © 2021 InvestinGoal.com – All rights reserved. / Privacy and Cookie Policy / Basic Terms of Use / Sitemap