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
RoboForex Trading Info
◘ 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 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
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