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RoboForex Review

RoboForex Review

Established in 2009, Robo Forex is a financial brokerage company that has risen to prominence by offering its traders an expansive selection of tradable assets and services. The broker boasts a well-rounded service portfolio, capable of serving both retail and professional traders. It does this by offering its clients services such as unique developments in data transmission, trading functionality, the latest trading products, and access to different financial markets.

Spanning experience of over a decade, RoboForex has won numerous trading awards because they always go the extra mile to serve and protect their clients. It has also gained a reputation for providing a secure and transparent environment for its clients.

The RoboForex group of companies has an international license from FSC Belize and it is also based in Belize. As a financial brokerage company, RoboForex is a member of The Financial Services Commission with a guaranteed compensation of 20,000 euros which increases its reliability and helps with the protection of client funds.


Account Types

You need to open an account to start working with RoboForex. The platform offers several account types to choose from. These are:

Pro Account

This is a classic account for both beginners and professionals. It is suitable for small volume trading and a great platform to gain trading experience before moving on to other accounts. Traders can fund their account using EUR, USD, or Gold. The Pro account requires a minimum deposit of $10 for trading and traders are given leverage of up to 1:2000. Plus, it comes with a demo account.

Pro-Cent Account

Pro Cent accounts are ideal for testing trading strategies and trading advisors. It provides spreads from 1.3 pips and has a minimum deposit of $10. Plus once you start trading, you can open positions of 1000 base units.


ECN or electronic communications network is a professional account type that offers maximum liquidity and zero spreads. It provides a maximum leverage of 1:500 and a minimum deposit amount of $10. This account is suitable for professional traders who want to trade large amounts of assets.


This is a new account type developed by RoboForex for experienced traders. This account brings the best of the ECN accounts with added benefits. Prime accounts have the lowest trading fees of all the account types combined with the convenient minimum deposit of $10 and a leverage of 1:300. Traders can fund their account using EUR, USD, or Gold.

Traders can trade with 28 popular currency pairs, metals, and CFDs. It is suitable for experienced speculative traders since its stop-out is set at 100%.

R StocksTrader

This is an account type for trading stocks on the stock market. It provides a more risk-free environment for cautious traders or anyone interested in stock trading. Traders can fund their account using EUR, USD, or Gold and make a minimum deposit of $100. Plus, the account provides a maximum leverage of 1:500.

RoboForex also provides Islamic accounts. For this account type, the standard swap fee is replaced with a fixed fee without the link to bank interest rates. Moreover, the broker often provides several bonus programs to help traders have a comfortable start in the market. These bonuses cannot be withdrawn but they can be used in trading and any profit earned on the bonuses can be withdrawn.

Commission and Fees

RoboForex charges volume-based commissions across its accounts. The commission varies but the commissions are generally low or average when compared to the industry average.

As a financial brokerage company, RoboForex spreads are lower than the industry average across all their major asset classes. For instance, gold can be traded on the platform with favorable conditions given that the corresponding commission is $1 per lot. Traders can withdraw money cost-free on the first and third Tuesdays of each month.

RoboForex Review

Moreover, RoboForex doesn’t charge an inactivity fee for handling dormant accounts that haven’t been used for a long time.


Investment Options with RoboForex

RoboForex is the ideal choice for experienced traders as well as beginners who want to invest their money in the Forex market. From technical functionality to professional analytics and optimal trading, the company has provided a secure and transparent environment to grow and maintain a stable income in the forex market.

The investment options on RoboForex include:

RoboForex CopyFx

RoboForex CopyFx is a passive investment program. The investor’s account is connected to that of a professional trader and the trader’s transactions are automatically reflected on the investor’s account. If the trade is successful, a certain percentage will be deducted from the investor’s account. 

The benefit of this program is that the entire process is automated which reduces your input as an investor to almost zero. This means that client funds in the account can continue to grow with little to no effort.

In addition, the minimum deposit for this investment option is $100 giving everyone the chance to try it out without taking on too much risk. The investor can also connect to different traders at once as long as they have sufficient capital.

Plus, the investor can contact the trader directly and gains access to the trader’s ratings, profitability, and other statistics.

If at any point a trader starts to make consistent losses or changes his trading strategy, the investor can choose to disconnect from such trader immediately.

It is important to note that you can act as both an investor and trader.

To use the CopyFX feature, it is necessary to follow these steps:

  • Open your trading account. Investors can open any trading account except for accounts with the MT5 and R StocksTrader Platforms
  • Open the MT4 Trader Rating on the Investment Menu. There you will find traders that meet the requirement for copy trading. You can also reach out to customer support to learn about the requirements.
  • Check the profile of each trader to see their ratings and trading statistics. Once you find a trader you would like to copy, you can activate the copy trading option.

RoboForex Affiliate Program

This program makes it possible to earn on RoboForex without having any significant trading knowledge. The affiliate program works like this:

  • Fill the registration form and complete the signup process to become a partner. After doing this, you will receive materials and a referral link that you can post on your website, blog, or social media pages. 
  • Once a person follows your referral link and deposits capital into their account, you will receive a percentage of it.

You can also participate in a loyalty program and receive up to 20% additional partner remuneration every month. Depending on the chosen partnership program, affiliates can receive up to 70% of the fees paid by the referral.


Useful Tools

 For tools, RoboForex offers the following:

R StocksTrader Strategy Builder

This tool enables traders to create automated trading systems. This can be done without the knowledge of coding and there is also no need to upload additional software. Moreover, the R StocksTrader Strategy Builder can turn manual trading strategies into Expert Advisors and optimize existing strategies. This tool is best used by stock traders but it also works for other asset classes. 

Here’s how it works: 

  • Create your own strategy. An alternative is to use a ready-made template available on the R StocksTrader platform;
  • Fill out all the required fields. This includes information such as the technical indicators to be used and rules for opening/closing a position.
  • Test the EA in different markets and;
  • Save the software.

Trading Calculator

A trading calculator is a valuable tool that should be in every trader’s arsenal. It is used to calculate the following:

  • point value;
  • spread in pips and account currency;
  • swap short/swap long in pips and account currency;
  • fixed fee on ECN accounts.

The values can be calculated for three account types:  Prime, Pro, ECN.

Financial Charts

RoboForex uses charts from TradingView on its website. TradingView is a popular trading platform among traders and it is widely regarded as having the best charts in the industry.

RoboForex Review

These charts allow traders to examine price action in more detail in order to make informed decisions. 

R MobileTrader App

RoboForex offers the R MobileTrader App is a convenient way to trade on the go and it is easy to navigate. It is fully integrated with all of RoboForex‘s research features making it possible to monitor market behavior easily.

RoboForex Review

Deposit and Withdrawal

RoboForex allows instant withdrawals without a commission. There are eight electronic payment systems available for withdrawals: AstraPay, NganLuong Wallet, Skrill, Neteller, AdvCash, Perfect Money, as well as VISA/Mastercard and JCB bank cards.

It takes about one minute to 1 day to receive your funds when withdrawing to EPS. However, the duration is longer for bank transfers as the withdrawal requests are processed from 1 to 10 days.

You can withdraw funds in all available currencies depending on your chosen payment method.

Customer Support

RoboForex customer support works 24/7. The broker’s support team is ready to deal with requests from clients in 11 languages and there is also a ticket system to keep track of your complaint until it is resolved. 

You can contact RoboForex using the phone numbers listed on the website or through their email at There is also an online chat on the website and you can fill out a feedback form to get your opinions across to the broker.


RoboForex has created an extensive training section on their website. There traders can find a wide array of articles as well as video courses on everything from the basics of forex trading to analytics, copy trading, trading psychology, technical analysis, technical indicators, and review of trading strategies.

The company also provides a demo (practice) account. While educating yourself, you can apply the theoretical knowledge by trading on the demo account. This way, you will obtain valuable trading experience and the skills to work on a real account.

What Sets RoboForex Apart

RoboForexis a financial brokerage company that caters to the needs of different traders with little to no exceptions. It has years of experience in financial markets and has geared its services towards providing the best possible trading experience for traders, beginners and experts alike. 

RoboForex’s competitive trading fees combined with its extensive educational section and versatile tools makes it possible to implement high-volume and longer-term day and position trading strategies. The R StocksTrader platform is a great choice for anyone that wants to engage in stock trading. It also provides a secure and transparent environment coupled with competitive trading conditions which all but guarantees a trader’s growth. In addition, its demo accounts and educational section are a great opportunity to learn more about technical analysis .

Traders with little experience can still benefit from its copy trading feature and affiliate program and its withdrawal process is very straightforward.

Moreover, the broker offers over 12,000 tradable instruments across different asset classes such as commodities, shares, FX pairs, indices, futures, and ETFs. Traders have also left positive reviews about RoboForex on websites like TrustPilot praising the platform for being a good broker and providing traders with services that are easily comparable to the best brokers.


RoboForex has proven itself to be a well-rounded and effective financial brokerage company. It places priority on providing different trading options with innovative technologies to both retail and professional traders. In addition, RoboForex offers an environment that supports the implementation of most trading styles and strategies in different financial markets. 

RoboForex low trading fees is one of its main selling points and it also has sufficient regulations in place meaning that client funds are protected. The broker’s offerings in general are competitive in relation to other trading platforms.

The broker has developed a very practical and systematic approach to trading. Its account types are diverse, each with their own unique features and can accommodate most trading systems. For instance, their prime accounts has some of the lowest trading fees in the industry. Also its R StocksTrader platform is a suitable choice for stock traders but can be used for trading other assets. Keep in mind that RoboForex has developed an impressive collection of research and educational content.

RoboForex does have its drawbacks as it has slow execution speeds of above 150 milliseconds on average which may be inadequate for executing high-frequency trading strategies such as scalping. Still, its performance over the years makes it a platform for traders to consider.

If you found this RoboForex Review to be informative, you can visit their website here.

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