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RoboForex

Trust score
10/10
Legal simplicity
9/10
Min. deposit
0
Trading platforms
Regulations
Payment systems
Broker guides

Features

  • Low minimum deposit
  • Copy trading
  • Islamic accounts
  • Interest on account balance
  • Segregated accounts
  • ECN accounts
  • Scalping allowed
  • Spread rebates
  • Affiliate program
  • Wide range of trading instruments

Pros

  • Minimal spreads
  • Fast withdrawals
  • Instant order execution
  • Scalping and expert advisors (EAs) allowed
  • Indices and stocks available to trade
  • Free VPS server
  • Social copy trading

Cons

  • Phone verification required before your first deposit
  • ID and address verification required before your first withdrawal
  • Not available to residents of several countries, including Australia, Bonaire, Canada, Curaçao, East Timor, Guinea-Bissau, Indonesia, Iran, Japan, Liberia, Micronesia, the Northern Mariana Islands, Russia, Saipan, Sint Eustatius, South Sudan, Svalbard and Jan Mayen, Tahiti, Turkey, and the US

Updated:

RoboForex is a forex and CFD broker founded in 2009 and headquartered in Belize, regulated by the International Financial Services Commission (IFSC). It offers multiple asset classes across four trading platforms, plus copy-trading and portfolio-management tools aimed at both beginner and experienced traders.

RoboForex offers a low minimum deposit, ECN and Cent accounts, CopyFX copy trading, Islamic accounts, and a wide range of tradable instruments.

RoboForex is a forex and CFD broker founded in 2009 and headquartered in Belize, regulated by the International Financial Services Commission (IFSC). It offers multiple trading platforms, a wide range of instruments, and tools for copy trading and automated strategies.

Regulation and security

RoboForex operates under an IFSC (Belize) license, which sets requirements for client security and fair trading, though offshore regulation is generally lighter than in the US, UK, or EU. Client funds are held in accounts segregated from the company's own funds, and the broker applies standard measures to protect clients' personal and financial data.

Trading instruments and platforms

Beyond forex, RoboForex offers stocks, indices, commodities, and CFDs. Trading is available on MetaTrader 4, MetaTrader 5, cTrader, and the broker's proprietary R Trader platform, covering a range of experience levels and trading styles.

Account types

RoboForex offers ECN, Standard, Cent, and Prime live accounts alongside a Demo account. Cent accounts let traders open positions with very small amounts, useful for testing strategies with limited capital; ECN accounts give direct market access with competitive spreads and low commissions; Prime accounts target more advanced trading conditions.

Copy trading and automation

CopyFX lets clients automatically copy the trades of other traders. RAMM (Risk Allocation Management Model) combines copy trading with portfolio management, letting investors spread funds across multiple strategies. MT4 and MT5 both support Expert Advisors (EAs) for algorithmic trading, and RoboForex provides VPS hosting so automated strategies keep running without a personal computer left on.

Education and support

RoboForex provides tutorials, webinars, and e-books for beginner and experienced traders, and offers customer support in multiple languages, available 24/7.

Country restrictions

RoboForex does not accept registrations from a number of countries, including Australia, Bonaire, Canada, Curaçao, East Timor, Guinea-Bissau, Indonesia, Iran, Japan, Liberia, Micronesia, the Northern Mariana Islands, Russia, Saipan, Sint Eustatius, South Sudan, Svalbard and Jan Mayen, Tahiti, Turkey, and the US.

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RoboForex

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Frequently asked questions about RoboForex

  • Is RoboForex a regulated forex broker?

    Yes. RoboForex is licensed by the International Financial Services Commission (IFSC) of Belize, which sets standards for client security and fair trading. Offshore regulation is generally lighter than in the US, UK, or EU, so check how that fits your own risk tolerance.

  • What trading platforms does RoboForex offer?

    RoboForex supports MetaTrader 4 and MetaTrader 5, cTrader for direct market access, and R Trader, its proprietary web-based platform that also covers global stock markets.

  • Can I start trading with a small deposit at RoboForex?

    Yes. RoboForex's Cent account lets traders open positions with very small amounts, which suits beginners or anyone testing a strategy with limited capital. Minimum deposit requirements vary by account type.

  • Does RoboForex provide educational resources for traders?

    Yes. RoboForex offers tutorials, webinars, e-books, and a glossary of trading terms for both beginner and experienced traders.

  • What risk management tools does RoboForex offer?

    RoboForex supports stop-loss and take-profit orders to close trades at preset levels, plus negative balance protection, so traders cannot lose more than the funds in their account.

  • Does RoboForex support automated trading?

    Yes, through Expert Advisors (EAs) on MT4 and MT5, which execute trades automatically based on preset rules. RoboForex also offers VPS hosting so EAs can keep running without a personal computer left on.

  • What account types does RoboForex offer?

    ECN accounts for direct market access, Standard accounts for conventional forex trading, Cent accounts for small trade sizes, Prime accounts for more advanced conditions, and a Demo account for practicing without financial risk.

  • How does RoboForex protect client funds?

    Client funds are held in accounts segregated from RoboForex's own operating funds, so they cannot be used for company purposes and stay protected if the broker becomes insolvent.

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