RoboForex Review

Submitted by fxpros on Thu, 04/14/2022 - 13:35
RoboForex Review

RoboForex provides a wide range of trading services to both professional and retail Forex traders. They offer 40+ Forex pairs thought 4 different trading platforms (MetaTrader4, MetaTrader5, cTrader, and R StocksTrader). Their trading spreads are particularly tight on all account types, order execution is fast, and you can place a stop-loss very close to the current price. Overall, RoboForex is ideal for day-trading and scalping.

RoboForex Company Info

Company Name: RoboForex is the Trading Name of RoboForex LP

RoboForex Offices: RoboForex maintains headquarters in New Zeeland and other offices in Egypt, Hong Kong, Indonesia, Latvia, Malaysia, Moldova, Romania, Russia, Taiwan, and Thailand.

RoboForex Regulation: RoboForex is regulated by IFSC, license IFSC/60/271/TS

RoboForex Foundation: RoboForex was found in 2009

Went Online: RoboForex went online in 2010

US Clients: RoboForex accepts US Clients / RoboForex doesn't accept US Clients (NO)

Islamic Accounts: RoboForex supports Islamic Accounts (YES)

RoboForex Execution: ECN

RoboForex Customer Support: 24/5 in English, Chinese, Indonesian, Malay, and Russian

» Visit the RoboForex Website

RoboForex Trading Info

40+ Forex pairs thought 4 different trading platforms (MetaTrader4, MetaTrader5, cTrader, and R StocksTrader).
40+ Forex pairs thought 4 different trading platforms (MetaTrader4, MetaTrader5, cTrader, and R StocksTrader).

RoboForex Trading Zone: EET (Eastern European Time)

RoboForex Typical Spread: 1.0 pip Fixed without trading commissions (EUR/USD)

RoboForex Trading Leverage: 30:1 for regular accounts and up to 500:1 for Pro Accounts

RoboForex Scalping/Hedging: (YES)

Automated Trading: (YES)

RoboForex Min. Account: Minimum account at RoboForex is 10 USD ($1,000 for Pro Fixed-Spread Accounts)

RoboForex Account Currencies: RoboForex provide accounts in Euro, USD

RoboForex Deposit/Withdrawal Methods:

  • Bank Wire | Credit/debit Cards
  • Crypto (Bitcoin, Bitcoin Cash, Ethereum, and Litecoin)
  • MoneyBookers Skrill | Neteller | CashU | iDEAL | Perfect Money | UnionPay | WebMoney


RoboForex Forex Pairs

Table: RoboForex Currency Pairs

AUD/CAD

AUD/JPY

AUD/CHF

USD/ZAR USD/CHF USD/CAD EUR/AUD

AUD/NZD

GBP/USD

AUD/USD

USD/SEK NZD/JPY GBP/NZD  

CAD/JPY

USD/JPY

CHF/JPY

USD/SGD NZD/USD NZD/CAD  

EUR/CAD

EUR/GBP

EUR/CHF

USD/RUB NZD/CHF USD/HKD  

EUR/JPY

EUR/NZD

EUR/NOK

USD/MXN GBP/CHF CAD/CHF  

EUR/SEK

GBP/AUD

EUR/USD

USD/NOK GBP/CAD GBP/JPY  

 

RoboForex Trading Platforms

RoboForex Platforms: RoboForex offers MetaTrader4, MetaTrader5, cTrader, and R StocksTrader

RoboForex Mobile Trading: RoboForex offers an app for iPhone, Android, and iPad

Website Languages: English, Chinese, Spanish, Indonesian, Malay, Russian, and Portuguese

 

RoboForex Accounts

Table: RoboForex Account Types

ROBOFOREX ACCOUNTS Fix-Cent Account Fix-Standard Account Pro-Cent Account Pro-Standard Account ECN-Pro NDD Account ECN-Fix NDD Account
Trading platforms

MT4 & MT5, iPhone, Android, and Windows Trader

MT4 & MT5, iPhone, Android, and Windows Trader MT4 & MT5, iPhone, Android, and Windows Trader MT4 & MT5, iPhone, Android, and Windows Trader MT4 & MT5, iPhone, Android, and Windows Trader MT4 & MT5, iPhone, Android, and Windows Trader
Minimum deposit amount 10 USD 50 USD 10 USD 50 USD 1,000 USD 1,000 USD
Commission (for 1 lot) MT4, MT5 No Commissions No Commissions No Commissions No Commissions $2.45 No Commissions
Commission cTrader No Commissions No Commissions No Commissions No Commissions $30 (per 1 million USD) No Commissions
Mode execution Instant Execution Instant Execution Market Execution Market Execution Market Execution Market Execution
Trading Spread Fixed
from 0.9 pip
Fixed
from 0.9 pip
Floating
from 0.1 pip
Floating
from 0.1 pip
Floating
from 0 pip
Fixed
from 0.9 pip
One-Click Trading Yes Yes Yes Yes Yes Yes
Trading instruments 37 Forex Pairs 37 Forex Pairs 48 Forex Pairs 48 Forex Pairs 47 Forex Pairs 24 Forex Pairs

 

RoboForex Corporate Info

  • Address: Level 3, 13 O'Connell St, Auckland, 1010, New Zealand
  • Tel: +64 92 148 139
  • General E-mail: info@roboforex.com
  • Marketing Team E-mail: marketing@roboforex.com
  • RoboForex Registrations: FSCL (4148) and FSP (246525)

ROBOFOREX REVIEW PROS & CONS


RoboForex Review PROS

RoboForex Review CONS

√ 40+ Forex Pairs plus Crypto, Gold and Silver Trading X Expensive SWAPS (overnight trading fees)
√ Many options for automated Forex trading plus 1-click-trading  
√ Free VPS for deposits of more than $300  
√ Tight spreads and fast order execution for intraday trading  
√ Scalping & hedging fully allowed  

 

RoboForex Review Final Conclusion

RoboForex provides a wide range of trading services to both pro and retail Forex traders. RoboForex offers many different trading instruments and a good variety of trading platforms, including MT4, MT5, and cTrader. RoboForex offer free Forex technical analysis, the latest news, and a free VPS trading service for those depositing more than $300. Scalping and Hedging are allowed while the trading cost is at a normal level. Overall it is a very good ECN Forex Broker especially for day-trading and scalping.

 

■ RoboForex Review

FxPros.net (c)