RoboForex is now offering its services in more than 169 countries with over 1 Million active users. Additionally, they have a lot of account types to offer to fulfill the needs and wants of “Every Single Individual.”Read the complete Robo forex review now.
Regulated by IFSC
Regulated by IFSC Belize
Segregates client funds
Established in 2009
Limited range of instruments
US clients not accepted
PayPal not accepted
In this ever-growing Foreign exchange industry, RoboForex is succeeding as one of the most client-centric brokerages with more than 3 million live trading accounts.
This enormously renowned brokerage was formed back in 2009 and it's been operating globally since then. The broker was entitled as well as awarded numerous achievements over time.
RoboForex is located in Belize and regulated by IFSC (International Financial Services Commission) under the license number 000138/210.
Apart from that, the broker offers MULTIPLE trading instruments ( over 12,000 instruments) including investment platforms, trading platforms, and all the other floating assets.
That's not even it!
The brokerage company has recently partnered up with BMW Motorsport corp. along with a long-term sponsorship contract with the invincible Muay Thai fighter, Andrei Kulebin who is the current world kickboxing champion.
So, you get the idea, right?
Anyways, the broker offers numerous trading opportunities, a sound global presence, human-centric trading solutions, exciting bonuses and promotions, and much more! We bet you want to find out all of that.
Therefore, let's dive right in
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Bank Wire, VISA, MasterCard, ePayments, FasaPay, Neteller, PaySec, Poli, Skrill, UnionPay
RoboForex preliminarily renders 5 types of trading accounts to the retail market traders. Which goes as follows:
The Prime accounts, ECN accounts, R Trader, Pro-Cent, and last but not least Pro-Standard accounts. Anyways, just so you know these accounts require fewer deposit amounts compared to other brokers like Exness, HotForex, and Tickmill.
And as per the minimum deposit amount, it is $10 for most of the accounts provided by RoboForex except the R Trader trading accounts which of course requires a minimum deposit amount of $100 to start trading and which is without a doubt quite low.
For a better overview:
Source: 55brokers.com
You get the idea, right?
Anyways, here’s the account opening procedure at a glance:
Source: topratedforexbrokers.com
Moving on, if you're a professional market trader then the ECN and Prime accounts are forged specially for you. The accounts provide zero pips along with multi-asset trading. So, which ones are BEST for beginners or novice traders?
It's the Pro-Cent and Pro-Standard trading accounts which are ready to go at any time, just give the call.
Anyways, the primary difference between each account is probably margin and leverage. Also, all the exciting trading bonuses are available only on the Pro trading accounts.
RoboForex also provides Islamic swap-free trading accounts for all Muslim traders across the globe. Not only that, you'll be getting strategic and investment solutions using their digitalized and innovative RAMM platforms for both short-term and long-term trading procedures.
Anyways, here are the spreads of RoboForex which really stands out compared to other foreign exchange brokers.
In addition, the leverage rate of RoboForex differs while judging the account types.
As a result, the Pro-cent and standard trading accounts offer a 1:2000 leverage rate, on the other hand, the Prime and R trader accounts render a leverage rate of 1:300. As for the ECN accounts, it's 1:5000
RoboForex is not only known worldwide for its safe and secure trading environments, there's more to it than meets the eye!
As they also offer a wide range of market assets to trade on especially they offer 26+ cryptocurrencies which are undoubtedly impeccable compared to other brokers.
However, you'll be given access to:
Forex: You'll be eligible to trade on more than 40+ currency pairs including the exotic pairs.
Metals: Availability of precious metals including gold, silver, platinum.
Energies: Availability of widely traded energies like oil, ETFs.
Stocks: You'll be able to experience 12,000 global major stocks shares.
Commodities: You'll be able to trade on more than 100 commodities.
Indices: You'll be able to trade on more than 10 indices including the tremendously popular NASDAQ along with Dow Jones (US30).
Besides, to know more about these awesome features provided by RoboForex, you can visit their official website
When it comes to being a regulated brokerage company, RoboForex might sound like a typically regulated broker.
But let us tell you something very specific that RoboForex Ltd is regulated by IFSC (International Financial Services Commission) under the license number 000138/210.
It only gets BETTER!
RoboForex Ltd. is a part of IFSC's compensation fund which means they are obliged to pay at least €20,000 for any sort of legal case taken against them.
Therefore, you get the idea, don't you?
When it comes to trading platforms, RoboForex literally comes top of the list with their wide range of trading platforms which obviously includes:
Let's break it down in a bit
RoboForex is now providing mobile trading opportunities to traders across the globe. As for mobile trading, they are rendering access to all of their trading platforms including MT4, MT5, cTrader, and R Trader.
And... it gets even BETTER!
The mobile trading platform is available for both android and ios devices. Apparently, to use the platform, you've to first download it from the google play store or app store and then access it with the Live server of RF.
Moving on, You can experience the whole functionalities of MT4 and MT5's desktop versions in the mobile trading app.
As for the cTrader, you'll be able to access several tools and basic functions such as pinch to zoom, in-app notification, filing scrolling, and much more!
The same goes for the R Trader mobile platform as it provides in one solution along with 14+ trading indicators, live charts-quotes, and multi-language( up to 22 languages) support.
Source: 55brokers.com
The MT4 trading platform is probably the most flexible and easy-to-use trading platform out there.
It will give you access to use your personalized EA's, 50+ trading indicators, basic graphic tools, advanced charts, market trends, and much more!
On the other hand, the MT5 is available for all traders and it is known as the next-gen platform through its prominence performance and speed accuracy.
In the MT5 you'll be getting 4+ order execution, more than 6 types of pending orders, various trading indicators, hedging capabilities, trends, and much more!
Also, RoboForex also renders one of the most innovative and smart trading platforms of the current time "cTrader".
The platform comes with 54+ trading indicators along with 14+ time frames. The platform is compatible with both mobile and pc.
However, RoboForex also offers a very specific trading platform “R Trader” that is exclusive to only the users of RF. The platform comes with a classic and user-friendly interface along with action-packed features.
It offers 13+ inbuilt indicators, 9+ trading graphs, market depth (pt. 2), automated trading, netting-hedging, and much more! Moreover, the platform is available on pc and mobile devices
For all the Foreign exchange traders out there, RoboForex is currently providing startling trading bonuses which you don't want to miss out on at any cost.
30$ Welcome Bonus: RoboForex is currently providing a 30$ no deposit bonus for all the starters. To be honest, the bonuses are a great way to BOOST and inspire newbies to trade the market.
Profit Share Bonus:
RoboForex also provides a profit share bonus to retail market traders. But the bonuses can only be obtained from the Pro and Pro Cent accounts.
Despite that, the broker also offers a CLASSIC trading bonus which is given judging the first deposited amount by a trader. Just so you know the number can reach up to 120% sometimes
If it ever comes to providing a wide range of transaction methods, RoboForex is no exception.
The broker offers more than a dozen transaction methods along with the compatibility of 9 different currencies to choose from while making a deposit.
For making deposits, they permit local and international banks, card payments, cryptocurrencies (for non-EU clients only), electronic wallets, and much more!
Note: RoboForex doesn't allow Paypal therefore you won't be able to deposit with PayPal and the minimum deposit amount is $10.
Moving on, the withdrawal process can be a little bulky sometimes as it can take more than 48 hours on various occasions. But it's not always like that though!
You'll be getting up to 13 transaction methods for placing a withdrawal including cryptocurrencies (non-EU clients only). As per the commissions, it varies between 0.5% to 2.8%.
Note: RoboForex offers a free fund withdrawal program where you'll be able to withdraw money without any commissions but only twice a month.
Reliable customer support is a must-have feature for a brokerage company in order to stay at the top of the race. Bearing that in mind, RoboForex also fabricated a 24/7 superactive customer support protocol.
Email address: info@roboforex.com
Phone:+65 3158 8389
The customer support of Robo comes with multi-language support (more than 12 languages) including Arabic, English, Indonesian, Spanish, Malaysian, i.e.
Moving on, the physical head office of RoboForex is situated at 2118 Guava Street, Belize City.
Forex education materials are a great way to find your way through this unstable and volatile trading industry. As it can help you to stay up to date with a lot of things.
RoboForex gets that significance quite well!
As a reason, they have fabricated a committed learning center where you'll find out numerous webinars, blog posts, analysis, trading tips, guide books, video tutorials, and whatnot!
It is well organized and also made in using a user-friendly perspective. So, the beginners could get a hold of everything that's been going on
Let's start a combing camparison between Two brokers' widely used tools, mobile apps, platforms, spreads, and more.
Over the two years of trading with LiteFinance, I've found their support team and dealing department to be respectful and responsive to all my questions. Withdrawal requests are processed swiftly as well!
Trading with Litefinance since 2014 has been a satisfying experience. Their fast automatic fund withdrawal, convenient web terminal and mobile app, low spreads on ECN accounts, and good trade performance have impressed me. Even during problematic situations, Litefinance has quickly resolved issues in my favor. I highly recommend trading with this broker.
A great and safe broker with transparent live chat for sharing trading ideas. Keep it up, Litefinance!
Litefinance's daily transaction receipts help me track my account effectively. I recommend them.
I'm a recent user, and though I can't comment on profits yet, their customer service has been impressive.
I recently joined FPMarkets, and I can already say that I highly recommend it. The withdrawal process took less than 2 days, and I'm very pleased with FP Markets.
Fast withdrawal and excellent service! The Customer Support team is not responsive.
I've explored FP MARKETS, and I must say it's pretty cool with high-quality tools and features. With a rating of about 4.7 points and being a regulated company, I consider it trustworthy. Keep up the good work, FP MARKETS!
The interface is excellent, and I've always found their customer support to be responsive. Deposits and withdrawals are fast and smooth. I've been using Exness for a year now and couldn't be happier with their service.
I have had a great experience with this broker, and their market analysis tools are easy to use. Thanks, AssetsFX!
I really wish they offered a cent account on the mt5 platform; it would make them the best broker out there. That's why just putting a star off the rating.
This broker is incredibly user-friendly, and their withdrawal process is straightforward and hassle-free.
It’s all a scam , I invested 90,750 US dollars with scam broker FXG trade and never got my money back and they kept asking for more which I couldn’t meet up with their demands, so they never got back to me anymore and i was so desperately in need of help to recover all the money back to me, fortunately I came across a colleague that introduced me to a binary options trade funds recovery expert who goes by the name Mr Maxwell Devine when i met him i did not believe that he could get back my money because i have been scammed a lot already and didn’t know what to do, but my spirit told me to give it a try and i did, feel free to contact him via his email address:{devinemaxwell28 (@) gmail.com}. and he will help you to recover all your lost investment that was denied from you by your scam broker.
My experience with AssetsFX has been positive. For EAs, scalpers, and auto-trading, provide outstanding virtual private server (VPS) solutions. This is a terrific chance for the trader. I have a special place in my heart for this broker. For a long time, I want to trade with them.
AssetsFX is a simple-to-use broker, to put it simply. AssetsFX is a fantastic place to start if you are new to this industry because they feature upper-edge customer service, a live chat option that promptly resolves your issue, blogs, and instructional seasons. Additionally, new users can benefit from their Demo account setup too. In short, it's an amazing broker.
The main obstacles to trade are middlemen and an absence of dealer control. The broker without a tracking desk to oversee traders is AssetsFX. Traders are able to use their own trading methods. My interest in collaborating with them is mostly motivated by this. Thanks for the best service.
I'm a U.S user, and while exploring brokers heard about AssetsFX. But unfortunately, like so many brokers, AssetsFX doesn’t accept US clients. For me, It's the most disappointing thing. Why you don't accept the U.S client.
I chose AssetsFX because it offers to trade on consistently low spreads from 0.0 pips, and it's authentic. Along with that, they don't prefer any kinds of hidden fees.
Multi traders like me who want to keep an eye on all trading platforms can choose AssetsFX because you can easily control Forex, Crypto, Indices & Commodities from here. Thanks! Team for the best service.
The main thing that attracts me to trade with AssetsFX is the multilingual customer support. I think it is essential for a broker because all clients are not comfortable with a fixed language, and it is beneficial to find out the problems and solve them quickly.
The extensive Liquidity supported by 20 central banks and hedge funds is covered by AssetsFX. The trade is made simple for me by this feature. But the mobile trading app ought to be bilingual.
Recently I learned about Assetsfx. This broker offers so many facilities to their clients. They provide a 20% Deposit bonus. I like their approach.
Assetsfx provides a wide range of trading options. There is also excellent customer service and an Instant Cash Back option.
I've traded with various well-known brokers, and I can tell that Assetsfx is a trustworthy broker, especially their Web Trading system. You should DEFINITELY check that out!
I heard that AssetsFX pays a $1 reward for each lot traded when you register a new live account with a minimum deposit of $500, which is real. Thanks, team for providing the best service!
AssetsFX accepts a wide range of trading techniques and assures that you can trade as you choose. In my opinion, trading should be done according to one's preferences. It comes highly recommended from me.
PerfectMoney, Bitcoin, Ether/Ethereum, Ripple, Tether (USDT), and Other Crypto Currencies, as well as Local Transfer alternatives, are all available for deposit and withdrawal at AssetsFX. This is huge for a trader, in my opinion.
AssetsFX does not offer the MetaTrader 5 trading platform. I'd want it to be here, though. I think adding this broker will bring extra facilities.
Many brokers have limitations, but AssetsFX has none. You can make as many payments per month or per client as you want. For me, it is the most visible aspect of this broker.
I have been trading on this platform for just a few months. I'm very pleased with their online service and quick customer feedback.
I've been using this platform for a long. And in this time, I have seen remarkable changes in their system. FBS uplifted its platform to another level. Looking forward to their further progress.
It's an average broker.
I've only collected positive ideas during my nearly two years on Tradersway. I've had great customer service and a simple withdrawal and deposit process.
XM Trading is straightforward. However, it is simple to use. It has simplified my trading experience. The customer service personnel is friendly and helpful. They provide outstanding service.
Their Customer Service is effective and efficient in general. They delivered my verified account in a quick period of time, which is impressive. I'd like to stick with it.
Avatrade broker, in my opinion, is a hassle-free way to purchase and sell. After using it, I am completely satisfied and would recommend it to friends.
I noticed that OctaFX, a forex broker, had won 35 awards! It is also Asia's best broker. It demonstrates that it is a reliable Forex Trading Broker. OctaFX is something I use frequently, which is why I strongly suggest it to everyone.
It's a fantastic platform. The best thing is that withdrawals and deposits are processed quickly with no charge. Exness deserves praise.
The best product on the market is provided by FP Market. It's both unusual and smooth. It's my favorite.
Litefinance was a good experience because they offer a wide range of trading options, which caught my curiosity. In addition, compared to other places, admission fees are low.
The best thing about IC Market is that there are no trading restrictions and the spread is global. A minimal amount can be traded. As a result, anyone can effortlessly select this broker.
One of the greatest sites for newbies, especially those looking for quick results. It's safe and well-suited to trade.
This platform is ideal for anyone wishing to grow their Forex trading network. It also has collaboration programs.
JustForex is an excellent site to invest in overall, although the interface should be improved.
I've only collected useful ideas during my nearly two years on Tradersway. I've had great customer service and a simple withdrawal and deposit process.
XM trading platform is easy and the deposit and withdrawal process is fast. Traded with their bonus and it was easy without encumbrances. I will recommend XM to anyone any day and their customer service is efficient.
Tickmill is, in my opinion, the better option, but it will be even better if ECN introduces a $50 minimum credit requirement.
AVA Trade provides poor service. They only told me to put down more and more money. Withdrawal is destructive. Do not waste your time with an ineffective agent.
OctaFX offers so many opportunities that anyone can benefit from them, which is its best feature.
Exness is one of the most outstanding online trading platforms I've seen. However, I believe that some things should be added.
When trading with any currency, the FP Marketing broker is simple to use. Withdrawals and deposits continue to flow unabated. This is the broker I like.
The most important aspect of forex trading is order processing speed, which this broker provides in spades. As a result, I give it a thumbs up.
The market sentiment indicator on the IC Markets broker displays how other people are trading. It is very beneficial to new traders in terms of developing strategies. So far, it's been a fantastic broker.
As a Muslim trader, I prefer FBC because they provide swap-free accounts (known as Islamic accounts) which don't contradict the teaching of Islam. It is the best part of this broker I think.
From my side, Robo Forex is a great place to earn profit by promoting the materials they provide on other websites. Good to have knowledge about them.
My overall perception of Just Forex is good. I didn't need that much time to verify my account, also my every deposit and withdrawal experience was smooth. They offered broad resources to explore.
It's been a year since I'm using this trading platform. TradersWay provides the best rates and low spreads, and fast execution. Happy with service.
The motive of XM brokers is to provide the best service to its clients. Trust me they do what they say. I am fully satisfied with their ministry.
Tickmill brokers are very professional and sincere. I have been using Tickmill since 2019 and with time, their services are getting better and better.
First time using this site. Everything is working smoothly. But some features need to be improved. Above all, it’s the best broker.
OctaFX is an official forex trading platform. Settings helped me to manage my profile and deposits. It also has a demo option for beginners.
Exness a perfect brokerage platform for a good investment. I've tested the platform with a demo version and had a good experience. Now I'm about to start with a real account.
On its YouTube channel, FP Market has a number of educational videos that serve as a guide for its users. In my opinion, it is the best aspect of this broker.
Using LiteFinance as a day-to-day FX broker was indeed a worthy experience as they provide a lot of trading opportunities. Also my funds have grown in this broker platform. Finally, after a lot of hassle, I've succeeded in getting a trusted company that pays instantly. This is the best place at the right moment everyone must invest.
Excellent broker for both Forex and CFD trading. Its fast functionality and easy navigation amazed me most.
The best thing about FBS that amazed me most is its diversity. They value all clients, understand them, and fulfill their different demands. In a word, they have good management.
Robo Forex has a great reputation for providing 24/5 currency exchange service and customer care, which nobody can deny. They keep their customers happy by giving them access to their forecasts and educational materials.
Truly satisfied with Just Forex's leverage for deposit and its fastest withdrawal process. Looking forward to building my career as a trader with Just Forex.
Tradersway is a great platform for trading, I started my trading journey with them and there is no looking back since then.
Trust me XM is really a good Forex broker. This broker is trustworthy. Withdrawals are always fast and smooth. But it needs to be updated. Hopefully, they update it soon and ensure the best version.
Tickmill has very professional brokers. I have worked with many brokers, but they are the best. And their fast deposit and withdrawal process is very convenient.
Avatrade has many options to explore not only buying and selling shares. I can choose the perfect platform to invest in by comparing the industry. Worthy to use.
For beginners, it's a great platform to start their forex journey since OctaFX offers comprehensive video tutorials and articles. They also have manuals, traders' tools, and many more features.
I started my forex journey with Exness, and it's very user-friendly. It provides Fast-paced transactions and instant withdrawals, which I appreciate.
FP Markets is most known for its Forex trading, but it also offers CFD trading in equities, metals, commodities, and indices. It is equipped with cutting-edge online trading software designed exclusively for CFD trading. Consider it to be an excellent trading option.
LiteFinance is a really good Foreign exchange broker. This broker is trustworthy. Withdrawals are always fast and without any additional checks. I would also like to note the fast execution of trade orders. Hopefully, in the future, their market analysis app will get better.
IC Market ensures the best and the most transparent trading experience. For a long time, I've been with IC and wish to be with them.
