RoboForex - What is worth knowing about the broker? Details of offer

RoboForex - What is worth knowing about the broker? Details of offer

RoboForex is a broker with many years of experience in the industry and has received numerous awards for its activities. RoboForex offers CFDs on numerous asset groups.

  • What are the details of this broker's offer?
  • What are the opinions about the broker?

About RoboForex

RoboForex is a brokerage company with a market presence since 2009. It currently has over 1 million clients in 169 countries. The broker has many years of experience in the industry and received over 30 awards. In addition, it supports innovative sports projects and achievements. RoboForex is the official sponsor of both Andrei Kulebin - the world champion in Thai boxing and kickboxing. In 2022, it also became an Official sponsor of Club Cienciano. RoboForex offers CFDs on 8 asset groups, which include currencies, stocks, indices, ETFs, commodities, precious metals, energies and cryptocurrencies, and more than 3,000 real stocks.

What regulatory authorities is RoboForex subject to?

RoboForex Ltd is an international FSC-regulated broker operating under license number 000138/333. The license covers "trading in financial and commodity derivatives and other securities." The company is incorporated in Belize.

RoboForex Ltd is an official member of the Financial Commission, an international organisation that settles disputes between participants and their clients. RoboForex is also a member of the Commission's Compensation Fund (a pool of money serving as an insurance policy for members' customers).

Since 2018, RoboForex Ltd regularly undergoes an Order Execution Quality Audit on the Trade Verification Service (VMT), which provides an objective assessment of how brokers execute trades. Successful completion of this audit confirms that the company complies with the strict requirements that the Financial Commission expects from its members.

Contact details of RoboForex

  1. RoboForex Ltd is registered in Belize at 2118 Guava Street, Belama Phase 1, Belize City, Belize. The company's registered office is at 9724 Ramiro Duran Street, Belize City, Belize.
  2. The company can be contacted by phone, chat, and through a contact form. Customer support is available 24/7. The broker is also present on social media - Facebook, Instagram, Twitter, and YouTube.

RoboForex broker offer - Basic information

The brokerage company offers CFDs on numerous assets: currencies, stocks, indices, ETFs, commodities, precious metals, energy commodities, and cryptocurrencies. The offer includes over 35 currency pairs, over 12,000 CFD instruments on stocks of listed companies (e.g. Apple, Twitter, Volkswagen, and many others), popular stock indices, 33 cryptocurrencies, over 20 precious metals (including gold, silver, palladium, platinum), over 100 commodities (including agricultural raw materials such as cocoa, soybean or corn) and energy resources such as Brent crude oil, WTI, and natural gas.

Moreover, RoboForex clients have access to more than 3,000 Nasdaq and NYSE stocks in the R StocksTrader platform.

RoboForex offers 5 types of accounts: Prime, ECN, R StocksTrader, ProCent, and Pro. They differ in the size of the minimum deposit, the amount of the spread, and the commission. The conditions for the individual accounts are presented in the table below:

RoboForex

Trading platforms at RoboForex

The broker offers access to the MT4, MT5, cTrader, R StockTrader platforms, and R WebTrader.

  • MT4 is a classic Forex and CFD trading platform and is the most popular and easiest to use.
  • MT5 is a more advanced version of the classic platform with a set of additional features.
  • cTrader is a platform for professional traders that gives direct STP access to the global currency markets.
  • R StockTrader is a next-generation online platform that enables you to trade the most advanced instruments, including ETFs.
  • R WebTrader is the company's own platform and comes both in the form of a web terminal and a mobile application (MobileTrader).

RoboForex - Promotions and bonuses with this Forex broker

RoboForex offers a welcome bonus of $30 to all new clients. There is also a Profit Share bonus option, which can be up to 60% of the deposit amount on all RoboForex Standard and Cent accounts. In addition, you can get a Classic bonus of up to 120% on your first deposit and all subsequent deposits. Moreover, from July 2022 to April 2023, a promotion is running on the occasion of the 12th anniversary of RoboForex, giving the chance to win monthly prizes ranging from $1,000 to $20,000.

Safe Forex Broker - Are there any warnings on the Internet about RoboForex?

The broker has the appropriate licenses for carrying out its activities. Currently, there are no warnings online about RoboForex.

Reviews of RoboForex - Is it worth trading with RoboForex? Leave your opinion or comment!

There are numerous opinions and comments on the web about RoboForex, the vast majority of which are positive. On the website with reviews of various companies, https://www.trustpilot.com/review/, RoboForex received 3.6 stars out of 5 with 13 votes. 61% of voters chose the highest rating and 8% a good one. If you want to share your opinion about RoboForex, be sure to do so in the comment section below this material. This is a helpful reference source for people who are considering opening an account with this broker. None of the comments is deleted by the administration. Your comment can help or harm the brokerage company; it is, therefore, important that you try to formulate your opinions objectively.

RoboForex - investor education. Does the broker provide educational materials?

There is a dedicated section on the brokerage company's website that contains educational materials. There, you will find a daily analysis of the situation in the markets, an economic calendar, and a blog with articles about individual markets and the most important upcoming events. There is also a section with answers to the most frequently asked questions regarding the operation of the trading platforms, the deposit and withdrawal of funds, order execution, etc.

How to create an account with RoboForex

If you want to set up an account with this broker, please complete the contact form in which you must provide your basic data, e-mail address, and telephone number. Then follow the further instructions. There is an option to try out a demo account before deciding on real trading.

How to deposit and withdraw funds

Funds can be deposited and withdrawn via bank transfer, payment cards, and electronic payment processors such as Perfect Money, AdvCash, and AstroPay. Currently, the broker does not charge any commission for fund deposits, and commission withdrawals are available twice a month.

INVESTMENT RISK WARNING

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 58.42% of retail investor accounts lose money when trading CFDs with this CFD provider. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.

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