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Independent rating of Forex broker RoboForex

5/10 (votes 100)

On-line since
2009
Country of origin
2118 Guava Street, Belama Phase 1, Belize City, Belize
Regulation
Belize FSC
Payment options
Local bank transfer, AstroPay, Skrill, Neteller, Perfect Money, STICPAY, plastic cards (Visa/MasterCard, JCB, CUP, QR & Vouchers, and Western Union
Minimum account size
Prime, ECN, ProCent and Pro accounts: 10 USD / 10 EUR, R StocksTrader: 100 USD
Minimum lot size
0.1
Leverage
1:2000
Spreads
Prime and ECN accounts: Floating from 0 pips R StocksTrader account: From 0.01 USD ProCent and Pro accounts: Floating from 1.3 pips
RoboForex is an ECN broker, which was established in New Zealand in 2009. At present, the company serves clients in Russia, Ukraine, Latvia, Romania, Hong Kong, Egypt, and New Zealand.
RoboForex offers its clients five types of accounts
The company’s customer support is available 24/5.
Working with RoboForex, novice traders get an opportunity to go through training courses, receive tutorials, dictionaries, and also some advice from professional traders.
A range of benefits sets RoboForex apart from other brokers.  The company’s services include scalping, hedging, PAMM accounts, automated trading, an opportunity of cooperating as a partner, a bonus program, which entails 50% of accruals, spreads rebate, and free VPS hosting. Besides, a wide range of deposit and withdrawal options were designed for clients of the broker.

Comments

Author: Louder Date: 2024-05-02 12:34:19 (UTC+3)
I've satisfied with roboforex’s service so far. As I can deal with a fixed spread and I have found live price and instant execution. So I can use them for better results. recently I've gained almost $450 and I am able to withdraw this profit through my Skrill account within a dayinstantly too. So I am pleased with roboforex.
Author: Galiya Date: 2022-06-09 06:50:51 (UTC+3)
I have been trading with RoboForex broker and I really faced a difficult time during the withdrawal. I had a common account with them and on top of that, I am not a scalper for which they would mind doing the profit withdrawal. They closed my account after 2 months and seized my complete profit including my equity and gave some unknown reasons in the email. I have been approaching to RoboForex with my complaint but they choose to ignore it. This broker really cheats their customers with false promises. I hope I can receive my deposit money soon. So I do not recommend them. I would not recommend this broker, and I wouldn't invest more money in it. The system often does not execute my SL and TP orders and it results in substantial losses from time to time.
Author: Woody Date: 2022-01-28 01:05:56 (UTC+3)
The platform MT4 works with delays during the morning news feed when the New Zealand market opens. I join them because I still searching broker that are suit with my trading strategy but then they are not an ideal broker. Registration account takes 3 days to be able to run because of their verification that slow and complicated. For 3 month trading of course there is profit and loss that I have face but I manage to gain 30% profit a month and they slow in approving my withdrawal which takes a weeks. Leverage only 1:500 which for me it is not a good leverage since other broker can provide 1:1000 even more. Spread is variable but it start from 0 pip and this is not good spread because other broker can give me 2 pips fixed. I left them after 3 month trading and close my account and withdraw all the money and it took 2 weeks for them to transfer into my bank account. If you want join them considered again because there is not much benefit when join them.
Author: Jaqline Date: 2021-10-08 01:56:56 (UTC+3)
I was using a scalping EA and when we all know speed is paramount to the success of any scalping strategy. Furthermore, my EA started showing that the connection to broker is too slow. Robo Forex has lack of professionalism, lack of expertise in the field, the customer service is way below normal standards. I'm not satisfied with the services offered by Robo forex. Many of those operators who answer the phone or email client with unfriendly and less to provide the answers and explanations are required client. Services are poor, not interesting, and customer support is not helpful. In my point of view, it's not a good broker.
Author: VENOM Date: 2021-10-02 21:40:37 (UTC+3)
i have been logged out the forum bonus i made posts and few years after when returned i feel am pissed badly
Author: Jiatong Date: 2021-09-30 05:29:15 (UTC+3)
Save yourself from losses. Do not open an account at RoboForex. The trading bot that they promise to offer does not work at all. They are only using it to attract clients but you won't get assistance from any bot once you have an account.
Author: Charm Date: 2021-06-09 05:26:41 (UTC+3)
RoboForex is terrible. I traded with them for a few months and they claimed that they have a built-in Forex bot but I was never able to use it. The company made all kinds of excuses just to stop me from asking about the bot. In the end, I just had to close my account.
Author: Nenhart Date: 2021-06-07 01:46:33 (UTC+3)
I am disappointed with this broker because, they didn't explain before closing my account. Before my account was closed, I had $3,495, but a few weeks later my account was closed, and they don't know why it happened. Even my initial deposit has also been empty and did not get a bonus also profit. I don't trust this broker as I lost a good amount of my money trading with it.
Author: Jagoda Date: 2021-02-15 08:08:44 (UTC+3)
An employee from RoboForex contacted me to convince me to start trading with them. His offers were tempting but I just really did not have any money to spare on investment that is why I declined. He then told me that I don't need a lot of money to start trading. Honestly, I almost got swayed but I learned about the issues that other traders have been encountering before I decided to open an account. With that, I decided to just stay away from it.
Author: Yudhisa Date: 2021-02-05 01:51:59 (UTC+3)
I'm here just to give my opinion about this borker. I have been with this broker for 7 months. 6 months feels fine. In the past month, I felt there was something missing from this broker. And after I noticed, it turned out that the funds in my account were reduced by $ 900. Previously my balance was $ 2000. Two weeks ago I didn't make any transactions. But my balance is reduced. They also didn't explain anything to me.

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