Roboforex Review

Why choose Roboforex

Supports a wide range of automated trading strategies and tools.

Pros

  • Low forex fees.
  • Diverse account types.
  • Support for automated trading.

Cons

  • Limited investor protection for non-EU clients.
Roboforex

Roboforex

Fee Level:

Low

Inactivity Fee:

None

Index CFD Fee:

Low

Investor Protection:

Compensation schemes vary by jurisdiction.

Mobile Platform:

Visit Roboforex

Offers a cost-effective trading environment with minimal fees.

Pros

  • No inactivity or withdrawal fees.
  • Competitive forex spreads starting from 0.0 pips with commissions.

Cons

  • Limited investor protection for non-EU clients.

Regulated by IFSC; segregates client funds and offers negative balance protection.

Pros

  • Strong security measures, including SSL encryption and segregated client funds.

Cons

  • Limited investor protection for clients under certain regulatory jurisdictions.

Pros

    Cons

      Roboforex supports quick web-based registration, with verification typically completed within 1 business day.

      Pros

      • Fast onboarding with access to various trading tools.

      Cons

      • Fast onboarding with access to various trading tools.

      RoboForex offers the R MobileTrader app, providing a comprehensive trading experience with access to various markets. The app is intuitive and suitable for traders on the go.

      Pros

      • User-friendly, access to multiple account types, real-time market data.

      Cons

      • Limited customization options, occasional lag reported during high traffic periods.

      RoboForex supports multiple desktop platforms, including MetaTrader 4, MetaTrader 5, and R StocksTrader. This variety caters to different trading preferences and strategies.

      Pros

      • Multiple platform options, advanced analytical tools, automated trading support.

      Cons

      • StocksTrader platform may be less familiar to some traders, requiring a learning period.

      RoboForex offers an extensive range of products, including over 12,000 instruments such as forex, stocks, indices, commodities, and cryptocurrencies. This wide selection allows for diversified trading opportunities.

      What leverage does RoboForex provide?

      Leverage ratios at RoboForex vary depending on the account type and the specific financial instrument. For example, leverage can go up to 1:2000 for Pro and ProCent accounts. It's essential for traders to check the specific leverage available for their chosen instruments and understand the associated risks.

      How fast are deposits and withdrawals with RoboForex?

      Deposits are instant, while withdrawals are typically processed within one business day. RoboForex also offers "Withdrawal Without Commission" twice a month, allowing traders to withdraw funds without fees.

      Does RoboForex charge any inactivity fees?

      No, RoboForex does not charge inactivity fees, making it a good option for traders who may not trade frequently.