RoboForex is an award-winning online broker that makes extensive use of both innovative technologies paired with many years of experience in the trading industry to provide comprehensive trading solutions.

RoboForex was established in 2009 and only holds offices in Belize City with 214 employees that are currently employed at the Belize headquarters.

Is RoboForex Regulated?

Yes, RoboForex is regulated by the International Financial Services Commission (IFSC) under license number IFSC/60/271/TS.

According to the website of the broker, RoboForex is under regulation for a cross-border license, which provides the broker with the authorization to provide investment and ancillary services.

RoboForex’s regulations guarantee that client funds are kept safe with major international banks, that investors are protected, and ensure that RoboForex operates in a transparent, responsible manner. 

Funds are kept in segregated accounts, fully separate from the funds of the company, and funds can be withdrawn by clients at any given point.

Is RoboForex Regulated in the United States?

No, RoboForex is not regulated in Virginia, or any other US state.

Is RoboForex Regulated in Europe?

Yes. RoboForex has been regulated in Europe since 2009 by the International Financial Services Commission (IFSC). In Europe, RoboForex offers cross-border investment services as a regulated Forex broker Europe. 

Is RoboForex regulated in a Tier-1 Jurisdiction?

Tier-1 jurisdiction provides RoboForex with a special license to operate in specific countries, which includes Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Israel, Japan, Luxembourg, Netherlands, New Zealand, Norway, Puerto Rico, Singapore, Sweden, and Switzerland.

According to the RoboForex official website, RoboForex is regulated under Tier-1 jurisdiction. 

Is RoboForex regulated in Tier-2 Jurisdiction?

Tier-2 jurisdiction provides RoboForex with the license to operate in British V.I., Cayman Islands, Cyprus, Italy, Malaysia, Mexico, Poland, Portugal, Spain, and Taiwan.

According to RoboForex’s official website and a RoboForex consulting agent, RoboForex is regulated under Tier-2 jurisdiction.

What are the Platforms and Tools for Forex Trading in RoboForex?

RoboForex offers forex traders the use of a range of powerful, innovative trading platforms namely MetaTrader 4, MetaTrader 5, cTrader, and R Trader.

1. MetaTrader 4 is one of the most popular trading platforms used in the industry offering forex traders with 50 ready-to-use indicators while conducting technical analysis, basic tools for graphic analysis, the opportunity to program trading robots, three types of order execution, and availability across several devices when they register a RoboForex account.
2. MetaTrader 5 is the newer, updated version in the MetaTrader suite which offers four types of order execution, multi-currency tester, market depth, six types of pending orders, more indicators, MQL5 along with a community, a marketplace, and use across several devices when using a RoboForex account.
3. cTrader is a trading platform designed for use by experienced RoboForex forex traders who prefer order execution speed along with unconventional instruments that can be applied to trading strategies.
4. R Trader is a web platform that offers Forex traders convenience and ease of use, multiple asset classes, innovative technology, and a classic design while offering high leverage on stocks, advanced watchlists, and access to all global financial markets that RoboForex offers.

Does RoboForex Have a News Blog for Forex News?

Yes. RoboForex has a free news blog available on its official website. The official blog consists of news on stock exchanges along with access to quarterly financial reports, price changes in the markets, ratings on stocks, and news regarding all other financial markets and instruments. 

Does RoboForex Have a Traders Dashboard?

Yes, RoboForex offers a comprehensive forex traders Dashboard that provides forex traders with access to analytics, the economic calendar, blog, education, and a wide variety of trading tools.

Does RoboForex Have an Educational Section?

Yes, RoboForex offers an Education Section that can be accessed by forex traders free of charge once they have registered a trading account.

What is the content of RoboForex Forex Education?

There are six categories that can be explored under RoboForex Forex Education namely trading strategies, education videos from MetaQuotes, Glossary, Global Economic Indicators, Video Courses, and an Ebook.

RoboForex also offers online trading courses on NASDAQ and NYSE stocks and information on trading in financial markets.

There are more than 50 different strategies indicated under the “Trading Strategies” section, with some of the following strategies described and explained in-depth:

1. “Scalping system 10 points”.
2. “Strategy based on the news”.
3. “Scalping strategy with EMA”.
4. “Strategy with the use of Oscillators CCI and MACD”.
5. “Strategy based on gaps”.

The Education Videos from MetaQuotes includes 17 videos on a variety of topics, including:

1. “How to order a trading robot from the freelance service”.
2. “How to create a trading robot in the MQL5 wizard”.
3. “How to search and choose applications”.
4. “The report on the copied trades”.
5. “Visualise a signal on a chart”.

The glossary contains terms and definitions from A – Z in what forex traders can expect while trading.

Global economic indicators include 20 different indicators such as:

1. “GDP, Gross Domestic Product”.
2. “Retail Sales”.
3. “Building Permits”.
4. “Manufacturing PMI”.
5. “Services PMI”.

There are 10 video courses that cover the following topics:

1. “What is forex?”
2. “Why trade forex?”
3. “Currency Prices”
4. “Price Charts”
5. “Chart Patterns”
6. “Timescales, time zones, and orders”
7. “Chart indicators”
8. “What is fundamental analysis?”
9. “What is technical analysis?”
10. “Trading psychology and risk management”

Is RoboForex Legit?

Yes, RoboForex is a legit Forex Broker and Trade Platform. RoboForex has regulation and authorization to perform forex broker and trading services through IFSC and RoboForex follows stringent Anti-Money Laundering (AML) processes.

Is RoboForex Safe?

According to the Forex Suggest review, RoboForex is a reliable and safe forex trading platform in terms of fund safety and security, the provision of a safe trading environment, transparent fee schedules, and pricing.

Client funds are kept in segregated accounts with top-tier international banks which means that RoboForex is prohibited from using funds for operational purposes.

Is RoboForex a Good Broker?

Yes. According to the Forex Suggest review, for security, trading speed, online support, and cryptocurrencies, RoboForex is a good broker. 

1. In terms of trading speed, according to a RoboForex consultant, orders can be executed between 150 to 400 milliseconds, during a calm and liquid market.
2. In terms of security, RoboForex makes use of stringent security protocols and encryption to ensure that client information is kept safe. There are stringent verification procedures involved when registering, and accounts are further secured with two-factor authentication. 
3. In terms of online support, RoboForex offers a variety of ways to contact an agent including Live Chat, Telegram, Skype, Line, Facebook, Viber, and WhatsApp.
4. In terms of cryptocurrencies, RoboForex offers the trade in Bitcoin, Ethereum, Ripple, Litecoin, Dash, and EOS.

What is the Offering of Investment in RoboForex?

Offerings of RoboForex can be found below.

Does RoboForex have Nasdaq?

The Nasdaq Stock Exchange is an exchange based in the United state which is dominated by technology stocks.

RoboForex has Nasdaq according to the broker website. As a Nasdaq owner, RoboForex offers forex traders the option of trading a variety of popular stock CFDs on the Nasdaq 100.

What are the Awards of RoboForex?

Forex Trading Platform RoboForex’s awards are listed below.

1. Best Investment Products (Global) – 2020
2. Best Partnership Program (LATAM) – 2020
3. Most trusted broker – 2020
4. Most Transparent Asian Forex Broker – 2020
5. Best Broker of the CIS – 2020
6. Best investment platform – 2019
7. Best educational forex-center in CIS – 2019
8. Best Global Forex Affiliate Program – 2019
9. Best Investment Products, Global – 2019
10. Safest Broker – 2018

How to Use RoboForex for Forex trading?

To use RoboForex, a forex trader must have the following necessities below:

1. A clear copy of their Identification Document, Passport, National ID, etc.
2. They must be 18 years old, or older.
3. They must have proof of their residence that is not older than 3 months, either an electricity bill, bank statement, or any other document that clearly indicates their residential address.
4. They must be able to afford the minimum deposit of $10.

If a forex trader has the conditions mentioned above, they can open a forex trading account with RoboForex.

How to open a Forex trader account with RoboForex?

To open a Forex Trading account with RoboForex, a trader should follow the steps below.

1. Navigate to the RoboForex website and select “Open an Account” from the homepage.
2. Complete the short online registration form to obtain access to the member’s area.
3. Apply for an account by selecting “Open a new account” from the member’s area, select whether it is a real, demo, CopyFX Trader, Partner, or Contest account.
4. Choose the trading platform, account type, currency, leverage level, user-selected password, country of residence, address, and postcode.
5. Provide the necessary documentation namely proof of identification and residence.

What are the Forex Trader Account Types with RoboForex?

Forex Trading Platform and Financial Asset Management Institution RoboForex offer seven trading accounts.

The RoboForex Account Types are listed below. 

1. Demo Account

2. Islamic Account

3. Prime Account

4. ECN Account

5. R Trader Account

6. ProCent Account

7. Pro Account

• Demo Account

This free demo account allows forex traders to explore what RoboForex has to offer in addition to providing forex traders with a risk-free way to explore the broker’s offer, range of markets, trading platforms, etc., and to offer forex traders the freedom to test and backtest their trading strategies.

• Islamic Account

RoboForex offers Muslim forex traders the option of converting the R Trader, ProCent and Pro Account into that of an Islamic Account. This option can only be used for religious purposes and there may be additional charges when this option is applied.

To apply for the account, and to obtain more information, forex traders must contact RoboForex Customer Support.

• Prime Account

This option caters to more advanced forex traders who wish to add a competitive edge to their trading. This Account has the following features:

• Access to trading platforms across several devices.
• Access to 28 forex pairs, metals, CFDs on US Stocks, CFDs on Indices, CFD on oil.
• Minimum deposit of $10.
• Floating spreads from 0 pips.
• Maximum leverage up to 1:300.
• Access to all loyalty bonuses.
• USD, EUR, RUB, GOLD account currency.
• Commissions for the trading volume of 1 million.
• Market execution.
• Maximum order volume of 500 lots.
• No restrictions on the number of positions.
• Stop-out of 100%.
• Cashback rebates of 5% of the commission.
• Free fund withdrawals.
• One-click trading.
• Trading account history up to a year.

• ECN Account

The ECN account caters to professional forex traders who want the best trading conditions offered by RoboForex. The features on this account include:

• Access to trading platforms across several devices.
• Access to 36 forex pairs, metals, CFDs on US Stocks, CFDs on Indices, CFD on oil.
• Minimum deposit of $10.
• Floating spreads from 0 pips.
• Maximum leverage up to 1:500.
• Access to all loyalty bonuses.
• USD, EUR, RUB, GOLD account currency.
• Commissions for the trading volume of 1 million.
• Market execution.
• Maximum order volume of 500 lots.
• Maximum of 1000 open positions on MT5 Accounts.
• Stop-out of 40%.
• Cashback rebates of up to 15% on the company’s revenue.
• Free fund withdrawals.
• One-click trading.
• Trading account history up to a year.

• R Trader Account

The R Trader Account is a unique option offered in conjunction with the use of the multi-asset web trading platform, R Trader, which is designed specifically for use by experienced forex traders, with access to all financial markets, all from one account. The features of this account are as follows:

• Access to R Trader
• Access to more than 12,000 indices, real stocks, CFD on stocks, forex, and ETF, CFDs on Oil, CFDs on metals.
• An initial deposit of $100.
• Commissions of 0,0045 USD per share on US stocks where deposits are $10,000 and up, 0,02 USD per share on US Stocks, 0.015 USD per share on CFDs on US Stocks, 0.07% on CFDs on EU stocks, 15 USD per 1 million base currency on forex, variable commissions on indices.
• Spreads from 0.0 pips on forex and CFDs on EU stocks.
• Leverage from 1:2 on stocks up to a maximum of 1:300 on forex.
• The minimum price range of 0.01 USD.
• The option to convert the account to an Islamic Account.
• Stop-out of 20%.
• Free withdrawal of funds.

• ProCent Account

The key feature of this account surrounds the base currency unit, which is represented in cents, making this account type perfect for beginner forex traders and forex traders who want to test their strategies in a live, but the low-risk trading environment. The features on this account are:

• Access to all trading platforms.
• USD, EUR, CNY, GOLD as base account currency (in cents).
• 36 currency pairs, metals.
• Minimum deposit of $10.
• Zero-commission trading.
• Market execution.
• Floating spreads from 1.3 pips.
• Maximum leverage up to 1:2000.
• Micro-lot trading from 0.1 lots.
• A maximum number of 200 open positions on MT4 and 1000 on MT5.
• Maximum 500 active orders on MT5 accounts.
• Stop-out of 10%.
• Cashback rebates up to 1.5% of the company’s revenue.
• Profit share bonus up to 60%.
• Classic deposit bonus up to 120%.
• Free fund withdrawals.
• Ability to convert the account to an Islamic Account.
• One-click trading.
• Trading account history up to one month.

• Pro Account

This account is the most popular of all offered by RoboForex and offers optimal trading conditions suitable to both beginners and experienced forex traders. The features of this account are as follows:

• Access to trading platforms across several devices.
• Access to 36 forex pairs, metals, CFDs on US Stocks, CFDs on Indices, CFD on oil.
• Minimum deposit of $10.
• Floating spreads from 1.3 pips.
• Maximum leverage up to 1:2000.
• Access to all loyalty bonuses.
• USD, EUR, RUB, GOLD account currency.
• A maximum number of 200 open positions on MT4 and 1000 on MT5.
• Maximum 500 active orders on MT5 accounts.
• Market execution.
• Stop-out of 20%.
• Cashback rebates of up to 15% on the company’s revenue.
• Profit share bonus up to 60%.
• Classic deposit bonus up to 120%.
• Ability to convert the account into an Islamic Account.
• Free fund withdrawals.
• One-click trading.
• Trading account history up to a year.

How to Withdraw Money from RoboForex?

To withdraw money from RoboForex, the following should be done:

• Log in to the RoboForex member’s area and select “Funds”.
• Select “Withdraw” followed by the trading account, wallet, and the method of payment. Lastly, enter the amount and currency followed by the wallet password before selecting “Withdraw Funds”.
• Please note that for withdrawals to be successful, forex traders must withdraw funds from their trading account to their trading wallet.
• Forex traders must ensure that when withdrawals are done, they use the same method used to deposit funds.

How many days do deposits take with RoboForex?

Deposits with RoboForex take between one minute up to several days, depending on the payment method used and internal processes of the financial institution.

What are the costs and fees with RoboForex?

There are three types of costs with RoboForex. Commission costs are for Prime, ECN and R Trader Account users, spread costs are for all account users, and swap costs are for users that do not hold a swap-free account who choose to hold open positions after the trading day has ended.

A Forex Trading Cost is the cost incurred by the trader when they use RoboForex’s services. This cost can be applied in several ways such as spreads and commissions.

Spreads can be defined as the difference between the bid and ask prices, represented in pips, while commissions are charged on round trades, which will not apply to all accounts. Swap, overnight, or rollover fees are those costs that are charged when forex traders hold positions open for longer after the trading day has ended. 

What are the Trading Fees with RoboForex?

Forex trading cost refers to spreads and commissions that are paid by forex traders for using the services of RoboForex. RoboForex charges the following trading fees:

1. Spreads
2. Commissions
3. Overnight, swap, or rollover fees

The Forex Trading Fees with RoboForex are below. 

RoboForex Prime Account Fees:

1. Forex: 10 per million USD traded – expressed as 10/Mio.
2. Metals: 10/Mio
3. CFDs on DE 30, JP 225, US 500, US Nasdaq, US Dow Jones: 4/mio.
4. CFDs on Brent and WTI: 35/Mio.
5. Cryptocurrencies: 2000/Mio.
6. Crypto Indices: 2000/Mio.
7. US Stock CFDs: 150/Mio.
8. Russian GDRs: 150/Mio.
9. Floating spreads from 0 pips.

RoboForex ECN Account Fees:

1. Forex: 20/Mio.
2. Metals: 20/Mio.
3. CFDs on DE 30, JP 225, US 500, US Nasdaq, US Dow Jones: 5/mio.
4. CFDs on Brent and WTI: 50/Mio.
5. Cryptocurrencies: 2000/Mio.
6. Crypto Indices: 2000/Mio.
7. USD Stock CFDs: 200/Mio.
8. Russian GDRs: 150: 200/Mio.
9. US Stocks and CFD on US Stocks have floating spreads from 0.01 USD.
10. Forex has floating spreads from 0 pips.
11. Indices have floating spreads from 0.5 pip.

RoboForex R Trader Account Fees:

1. US Stocks on deposits from 10,000 USD: 0,0045 USD per share.
2. US Stocks: 0,02 USD per share.
3. CFD on USD Stocks: 0.015 USD per share.
4. CFD on EU Stocks: 0.07%.
5. Forex: 15 USD per 1 million base currency.
6. Indices: Variable.
7. Floating spreads from 0.0 pips.

RoboForex ProCent

1. Commission-free trading.
2. Floating spreads from 1.3 pips.

RoboForex Pro Account:

1. Commission-free trading.
2. Floating spreads from 1.3 pips.

What is the minimum deposit in RoboForex?

The minimum deposit in RoboForex is $10 when registering any of the live trading accounts.

What are the contract specifications in RoboForex?

Does RoboForex have promotional offers?

Yes, RoboForex Trade and Exchange Platform has promotional offers for existing and new forex trading account owners. These promotional offers are listed below.

1. Promotion worth $1,000,000.
2. Welcome, Bonus.
3. Profit Share Bonus.
4. Classic Bonus.
5. Cashback (Rebates).
6. Up to 10% on Account Balance.
7. Deposit without commission.
8. Withdraw without commission.

Does RoboForex have a welcome bonus?

Yes, RoboForex offers a welcome bonus.

RoboForex’s Welcome Bonus allows forex traders to register for a real account and receive initial funds of 30 USD for trading. This Welcome Bonus is available to new forex traders who have verified their personal information.

Does RoboForex have a deposit bonus?

Yes, RoboForex offers a deposit bonus.

When depositing funds, if forex traders are charged with any commissions or deposit fees when they deposit funds into their account, RoboForex will compensate forex traders immediately by reimbursing them with the commission that they had to pay.

Is there a commission-free trade bonus in RoboForex?

Yes, RoboForex has two account types on which there are no commissions charged on trades, these accounts are the ProCent and the Pro Account.

Is there a VIP bonus in RoboForex?

Yes, RoboForex offers VIP clients the following privileges.

1. Additional cashback up to 40%.
2. Increased percentage on an account balance up to 40%.
3. Access to VPS servers without restrictions.
4. Personal VIP manager.

Can you start trading with no money at RoboForex?

No, you cannot start trading with no money at RoboForex. This is as a result of the fact that RoboForex does not offer a no-deposit bonus or a $0 minimum deposit requirement. forex traders must pay the minimum deposit amount of $10 before they can start trading.

How does leverage work with RoboForex?

RoboForex offers leverage of 1:2000.

Leverage is a trading tool offered by brokers to allow forex traders to open larger positions despite the balance of their trading account. Leverage lowers the margin requirement, amplifying potential profits while it can also increase losses.

Leverage can be chosen when forex traders register for a trading account and adjusted when they log into their member’s area and go onto their profile settings.

Where are the headquarters of RoboForex?

RoboForex is headquartered in Guava Street, Belama Phase 1, Belize City, Belize. 

Who is RoboForex’s CEO?

RoboForex is the property of RoboMarkets, Ltd, of which Andrei Dziarnovich is the CEO. Dziarnovich has been in his current position from March 2019 until the present and has a master’s degree from the Belaruski Dziarzhauny Universitet in Business/Managerial Economics.

What are the social media accounts of RoboForex?

Forex traders can follow RoboForex on the following social media accounts:

• Facebook
• Twitter
• YouTube
• Instagram
• LinkedIn

How many employees do work for RoboForex?

According to official sources, RoboForex has over 214 employees.

What are the opinions about RoboForex?

According to a Forex Suggest review, RoboForex is a reputable and popular broker that offers a wide range of tradable financial instruments spread across several asset classes. 

RoboForex also offers competitive trading conditions that cater to the individual needs of a variety of forex traders, despite whether they are beginners or professionals.

What are RoboForex Contests?

RoboForex currently runs two different types of contests.

1. Trade Day contest is held weekly.
2. The Demo Forex contest is held monthly.
3. CFD Weekly contest.
4. Weekly KingSize MT5 contest which will be announced soon.

Trade Day Contest

The Trade Day contest can only be joined by Demo Pro Account holders who use MetaTrader 4 by selecting the “Contest” area in the member’s area. The initial deposit is $1,000 and there is a stop-out level of 0%, leverage of 1:2000. Participants may only trade currency pairs.

There are ten winners chosen with a first-place winning $350 and tenth place winning $50.

Demo Forex Contest

The Demo Forex contest can only be joined by Demo ECN Accounts using the MetaTrader 4 trading platform. There is a $5,000 initial deposit involved with stop-out levels of 20%, a hedge margin of 25%, and a leverage of 1:100. The maximum number of orders is 10 and there is a maximum transaction volume of 0.1 lots.

There are ten winners chosen with a first-place winning $700 and tenth place winning $50.

CFD Weekly Contest

The CFD weekly contest involves participation from the member’s area on a Demo ECN Account using MetaTrader 4. The initial deposit requirement to enter is $3,000 and there is a stop-out level of 40% with a maximum leverage of 1:300 which can be applied. Only CFDs can be traded during this contest and there are no limits towards position sizes.

The prize pool is distributed between ten of the best forex traders in the competition, according to the final ranking of these forex traders.

Weekly KingSize MT5 Contest

The Weekly KingSize MT5 contest can only be joined by holders of a Demo Pro Account while using MetaTrader 5. The initial deposit requirement to enter is $1,000 and there is a stop-out level of 20%. The leverage that may be applied is 1:200 and there are no restrictions on position sizes.

The prize pool is distributed between ten of the best forex traders in the competition, according to the final ranking of these forex traders.

Does RoboForex have online support?

Yes, RoboForex has an online support team for Forex trade account users. The online support team can be contacted by selecting the green chat banner presented at the bottom right-hand side of any screen on the website.

Does RoboForex offer demo accounts for Forex trading?

Yes, RoboForex offers a free demo account for all new forex traders. The demo account can be opened with the following steps:

1. Navigate to the RoboForex website and select the option to “Open an Account”.
2. forex traders must complete the short registration to gain access to the member’s area.
3. Once logged into the member’s area, forex traders have the option to open a demo account by selecting “Open a Trading Account” and clicking on “demo”.
4. Forex traders can then select their preferred trading platform, account type that they wish to demo, account base currency, leverage ratio, and select a user-selected password for the specific account followed by password confirmation, country of residence, town/city, address, and postcode before proceeding.

Does RoboForex have a mobile app for Forex trading?

Yes, RoboForex offers a mobile app for Forex trading on web browsers, iOS, and Android devices. R Trader is RoboForex’s proprietary trading platform which is available to download for free on a variety of mobile devices.

The RoboForex app offers forex traders a real mobile “workstation” that can be used to perform trading activities, deposit funds to accounts, analyze the market, and contact customer support at any given time.

With the RoboForex mobile app, forex traders have access to all types of MT4 accounts, online monitoring of quotes, a convenient and user-friendly chart control panel, access to one-click trading, and access to more than 9,400 financial instruments spread across forex, metals, indices, shares, energies, cryptocurrencies, cryptocurrency indices, and CFDs.

Does RoboForex publish an economic calendar?

RoboForex offers an economic calendar. 

An economic calendar is a trading tool allowing forex traders to track occurrences in the market, anticipate major market events and enable them to act, stay abreast of crucial movements in the market, follow economic and non-economic indicators, and more.

The RoboForex economic calendar allows forex traders to use extended filters to refine searches by selecting a specific period and a specific country or selection of countries. This economic calendar displays all key events as well as highlights of the financial industry.

What is the communication information of RoboForex?

RoboForex has fourteen telephone numbers, two local addresses, and four email addresses. 

RoboForex’s main telephone number is: +65 3158 8389

RoboForex’s registered address is 2118 Guava Street, Belama Phase 1, Belize City, Belize.

RoboForex’s business address is 9724 Ramiro Duran Street, Belize City, Belize.

Alternate phone numbers are:

• English: +65 3158 8389
• Thai: +66 65 965 6091
• Ukrainian: 0 800 501 840 / +38 067 920 11 22
• Arabic: +65 3158 8389
• Czech: +420 228 885 018
• Chinese: +88 627 741 4290 
• Taiwanese: +88 627 741 4290
• Kazakh: +7 (727) 325 7070
• Malay: +60 3 9212 2059
• Vietnamese: +84 8694 02418
• Portuguese: +55 614 04 21173
• Spanish (1): +34 911 237 952
• Spanish (2): +52 554 164 6747

Email addresses for RoboForex include:

• General Questions: [email protected]
• Marketing: [email protected]
• Partnership email: [email protected] or [email protected] (Skype)