This 2026 evaluation of RoboForex examines its account types, fees, safety, platforms, and support, ensuring traders of varying expertise can determine if it fits their needs.
RoboForex, established in 2009 and headquartered in Belize, is a multi-asset forex and CFD broker known for its diverse account types and broad coverage of different asset classes. It caters to traders of all experience levels, from beginners to professionals.
RoboForex is regulated by the International Financial Services Commission of Belize (IFSC). The broker serves over 5 million clients and offers more than 12,000 instruments across various asset classes. It has its proprietary trading platforms and supports MetaTrader platforms.
RoboForex Overview
RoboForex Overview
RoboForex
- Minimum Deposit$10
- SpreadLow
- Trading FeeFree
- Deposit FeeFree
- Withdrawal FeeVaries
- Account OpeningWithin 24 hours
Pros and Cons
Pros and Cons
Pros
- Commission-free trading with tight spreads on certain account types
- Multiple account types catering to different trading needs and experience levels
- Supports MetaTrader 4 and MetaTrader 5
- Access to a broad range of tradable instruments across multiple asset classes
- 24/7 multilingual customer support
- Supports copy trading
Cons
- Withdrawal fees apply outside of promotional periods
- Regulated only in higher-risk jurisdictions, lacking Tier-1 regulatory oversight
- Limited and outdated educational resources and research content
Account Types
Account Types
RoboForex offers five main types of trading accounts: Pro, PrCent, Prime, ECN, and R StocksTrader. Each account is designed to suit different trading styles and experience levels.
RoboForex also supports demo accounts for practice and Islamic (swap-free) accounts for Shariah-compliant trading.
RoboForex Fees, Spreads, and Commissions
RoboForex Fees, Spreads, and Commissions
Trading Fees
Commission-free trading is available on the Pro and ProCent account types. The Prime and ECN accounts charge a commission of $2 and $4 per lot (per round turn), respectively.
Spreads on major currency pairs for the Pro and ProCent accounts start from 1.3 pips, while Prime and ECN accounts offer tighter spreads from 0.0 pips. Overnight swap fees are applied, which may reduce profit margins for active traders holding long-term positions.
Deposit, Withdrawal, and Other Account Fees
Typically, RoboForex does not charge internal fees on deposits. Withdrawals incur a fee that varies depending on the method used. However, RoboForex offers a "Free Withdrawal" promotion every 2nd, 3rd, and 4th Tuesday of the month.
There are no account maintenance or inactivity fees. Accounts are denominated in USD, and currency conversion fees may apply.
Trading Platforms Available on RoboForex
Trading Platforms Available on RoboForex
RoboForex supports the widely used MetaTrader platforms for web and mobile. In addition to the R StocksTrader desktop platform, the broker provides R WebTrader for browser-based trading.
Its mobile app, R MobileTrader, supports core functionalities like charting, indicators, one-click trading, and algorithmic trading.
| Trading Platforms | Availability |
|---|---|
| MetaTrader 4 | |
| MetaTrader 5 | |
| cTrader | |
| TradingView | |
| NinjaTrader | |
| Proprietary Platform | |
| Mobile App |
Assets You Can Trade on RoboForex
Assets You Can Trade on RoboForex
RoboForex is primarily a CFD broker, with stocks available through its R StocksTrader account. Across asset classes, it offers over 12,000 financial instruments, allowing traders to gain exposure to a broad range of underlying assets and diversify their portfolios. Here’s how it compares to other select CFD brokers such as XTB and Admirals:
*Comparison between CFD brokers only
Looking for something else? Compare tradable assets, features, and more at a glance with our powerful broker comparison tool.
COMPARE BROKERSDeposit and Withdrawal
Deposit and Withdrawal
Funding Methods
Funding Methods
RoboForex supports funding through:
- Debit / Credit Card
Funding Methods
RoboForex supports:
- Bank transfers
- Debit/credit cards
- E-wallets such as Skrill and Neteller
Deposits are free of charge and are generally processed within one business day, with some methods offering instant processing.
Withdrawals typically take 1-2 business days to process. However, some user reviews report card withdrawals being completed within 15 minutes. Withdrawal fees vary by method, but free withdrawals are available on the 2nd, 3rd, and 4th Tuesdays of each month.
Educational Resources & Research Tools on RoboForex
Educational Resources & Research Tools on RoboForex
Research Tools
RoboForex has integrated with Acuity Trading to provide its traders with an economic calendar, AI-powered market analysis tools, including sentiment analysis, and real-time market insights. The broker also offers advanced charting tools and customizable alerts.
Educational Resources
RoboForex does provide some educational resources, including an in-house education center with articles and videos for various levels of traders. However, these resources are generally limited, lack in-depth coverage on niche topics, and their blog and YouTube channel content is outdated.
RoboForex Customer Support
RoboForex Customer Support
Support Channels
Support is available 24/7 through:
- Live chat
- Phone
User reviews indicate prompt resolution of issues and generally responsive service. However, email support tickets lack consistent follow-up from the customer service team.
Language Support
Support is available in 13 languages, including but not limited to:
- English
- Chinese
- Thai
- Italian
- Spanish
- Arabic
- Malay
- Portuguese
- Russian
This extensive language support makes it accessible to a large audience.
Safety and Regulations
Safety and Regulations
RoboForex is only regulated by the IFSC of Belize and lacks the stringent oversight of Tier-1 regulators. The broker is a Category A member of the Financial Commission, which offers dispute resolution and a compensation fund. RoboForex implements SSL security, two-factor authentication, negative balance protection, and segregates clients’ funds.
User Experience and Interface
User Experience and Interface
Desktop Navigation and Performance
RoboForex's R StocksTrader interface is generally intuitive and geared toward experienced traders, while the MetaTrader platforms are reliable but visually dated. The platform experience is well-rounded, featuring advanced charting tools, order management, and portfolio monitoring functions, but doesn’t match the elite user experience of top-tier competitors.
Mobile Navigation and Performance
RoboForex’s proprietary R MobileTrader app is a comprehensive mobile trading solution, offering:
- Custom watchlists
- P&L dashboards
- Price alerts
- Economic calendar
- Integrated news feed
- Copy trading
The supported MetaTrader 5 mobile app does not offer copy-trading, but it has two-factor authentication for an additional layer of safety.
Final Verdict
Final Verdict
RoboForex stands out for its diverse account types and extensive range of over 12,000 trading instruments across multiple asset classes. Although RoboForex implements important safety measures such as negative balance protection and civil liability insurance, the broker’s lack of Tier-1 oversight may be a concern for compliance-focused users.
The educational content is limited and outdated, and the research tools are not on par with the best CFD brokers. While some accounts offer very tight spreads, average spreads on ProCent and Pro accounts are relatively high, and withdrawal fees apply outside of specific promotional days.
Is RoboForex the Right Broker for You?
If you are seeking broad asset coverage and low costs with its ECN and Prime accounts, RoboForex may be a suitable option. Traders who value access to copy trading may also find it appealing.
However, traders seeking access to ETF and bond CFDs or support for alternative third-party platforms such as cTrader or TradingView may find RoboForex's offerings falling short.
Who Should Trade with RoboForex?
RoboForex is ideal for beginners and intermediate traders seeking broad asset coverage with a low minimum deposit. It also suits those interested in copy trading via the CopyFX program. New traders can benefit from the $30 welcome bonus and the Infinity Partner Program to earn on referrals.
Experienced traders will enjoy the low costs and access to high leverage for the Prime and ECN accounts. However, all traders should be wary of the lack of strict regulatory oversight from major authorities.