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RoboForex Summary

Trust Rating AAWhat's this?

How BrokerNotes Trust Rating is Calculated:

Our trust rating takes into account a range of factors that influence a brokers reliability and reputation, These factors include how the broker is regulated, whether they use segregated bank accounts, their years in business, banking tiers, customer support offered, and much more.

  • Regulated by CySEC and ICF
  • 7 years in business (established in 2009)
  • 115% deposit bonus, $30 no deposit bonus
  • Uses tier 1 bank Baltikums Bank, OJSC Promsvyazbank (PSB)
  • Client funds are held in segregated bank accounts
Visit RoboForex Website Open a practice account
Losses can exceed deposits. Your capital is at risk.


AvaTrade logo
  • Regulated by the Central Bank of Ireland
  • Used by 200,000+ traders
  • Over 11 years in business
Visit AvaTrade to start trading

RoboForex Review

Trust Rating AA
  • Regulated by CySEC and ICF
  • 7 years in business (established in 2009)
  • 115% deposit bonus, $30 no deposit bonus
  • Uses tier 1 bank Baltikums Bank, OJSC Promsvyazbank (PSB)
Visit RoboForex to start trading
3.6 5 41

RoboForex Review

RoboForex is a popular Forex broker, particularly among traders using automated systems. Currently, it offers platforms for trading currencies, CFDs, and metals. They offer several types of accounts with fixed or variable spreads, so traders can choose according to their preference. A web-based trading platform is offered alongside the widely used Metatrader and cTrader.
They offer some of the highest max leverage options of 1:1000 leverage and you can enter the market with the smallest position size of 1 micro lot. You can open an account with as little money as you want as they don’t require any minimum deposit. A number of options to deposit funds are offered, while withdrawals can only be processed through a bank transfer, Webmoney, Skrill, Fasapay, Neteller, Payoneer and China Unionpay. A fee is also applied on withdrawals. Their live chat operators will be happy to help you with any questions you may have.

RoboForex screenshot

RoboForex Spreads from (view all)

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  • Website

    Min. Deposit: No minimum

  • Services Offered:

    Forex, CFDs

    Min. Trade: Minimum order volume 0.01 lot

  • Instruments:

    Forex, Metals, CFDs

    Max. Trade: Maximum order volume of 100 lots

  • Excluded countries:

    US, JP

    Margin: 0.0001

  • Platforms:

    MetaTrader4, MetaTrader5, cTrader, WebTrader, iPhoneTrader, Android Trader, cTrader Web, Currenex Viking Trader

    Leverage: 1:1000

  • Apps:

    Apple - Yes, Android - Yes

    Commission: None, except for ECN accounts of 20 USD for 1 million USD of trading volume

  • Payment & Withdrawals:

    Payment methods Payment methods Payment methods

RoboForex Pros & Cons

RoboForex is an ECN broker and executes clients’ orders in a straight through processing manner. Muslim traders can open a swap-free Islamic account. And, if you are looking for good risk management tools then RoboForex provides guaranteed order execution of both stop loss and limit orders. All client funds are held in segregated bank accounts in accordance with strict regulatory rules. Also, with RoboForex you have the option to place trades with only one click and receive price alerts. Signal and automated trading are provided with the possibility to use a virtual private server as well. They also give some nice bonuses with 115% deposit bonus and a $30 no deposit bonus to try things out for real, before putting in your own money. In addition, if you trade a certain amount of lots you may be eligible for up to 20% bonus on your available funds.
RoboForex currently doesn’t offer any bonus for referring other traders to open an account with them. And if you live in the USA or Japan, then it will not be possible to open an account with RoboForex as they don’t accept clients from these countries.

  • No inactivity fee
  • Has guaranteed stop losses & limit orders
  • Allows one click trades
  • Has trailing stops
  • Offers price alerts
  • Allows Hedging
  • Allows Scalping
  • Allows EA integration and automated trading
  • Offer VPS services
  • Offers Islamic accounts
  • Charges withdrawal fees
  • Does not offer EA integration and automated trading
  • Does not offer VPS services
  • Does not offer ECN/STP Account

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Financial spread bets and CFD trades are leveraged products, which means you could lose more than your deposits. If you’re hazy on exactly what that means, you shouldn’t trade.