Roboforex is an online broker that offers forex and CFD trading. They are regulated by the International Financial Commission and have been in business since 2009. Roboforex is a legit broker and is not a scam. Roboforex offers three account types: Standard, Pro, and ECN. The Standard account is a commission-free account with a minimum deposit of $10. The Pro account has a minimum deposit of $500 and commission is $6 per lot. The ECN account has a minimum deposit of $1000 and commission is $3 per lot. Roboforex offers the MetaTrader4 and MetaTrader5 trading platforms. They also offer mobile trading apps for Android and iOS devices. Overall, Roboforex is a legit broker that offers a wide variety of features and services. They are regulated by the IFC and have been in business for over 10 years. If you are looking for a broker that offers forex and CFD trading, then Roboforex is a good choice.
What Do Traders Say About This Broker?
Roboforex is a forex broker that has been around since 2009. It is headquartered in New Zealand and is regulated by the Financial Services Authority. Roboforex has a number of different account types that cater to different levels of experience and different trading styles. It also offers a wide range of tradable instruments, including major, minor, and exotic currency pairs, metals, indices, and CFDs.
The broker provides its clients with the MetaTrader 4 and MetaTrader 5 trading platforms, as well as a mobile trading app. Roboforex also offers a wide range of educational resources, including a trading academy, webinars, and a blog. Well, the broker has generally received positive reviews. Traders praise its wide range of account types and tradable instruments, as well as its competitive spreads and leverage. Some have also praised the broker’s customer service and educational resources. There have been a few complaints, however. Some traders have said that the broker’s platform is not very user-friendly and that its customer service is not always responsive. Check the roboforex review right now.
Overall, though, Roboforex seems to be a broker that is worth considering, especially if you are looking for a broker that offers a wide range of account types and tradable instruments.
Pros and Cons
Roboforex is an international broker, that provides access to the financial markets for clients from all over the world. The company was founded in 2009 and is headquartered in New Zealand. Roboforex is regulated by the Financial Service Providers Register and the Financial Conduct Authority. The company offers a wide range of trading instruments including forex, CFDs on stocks, indices, precious metals, and energies. Roboforex also provides its clients with a choice of trading platforms including the popular MetaTrader 4, MetaTrader 5, and cTrader.
In this article, we will take a look at the key pros and cons of Roboforex in order to help you decide if they are the right broker for you.
Pros:
- Wide range of tradable instruments
- Choice of trading platforms
- Regulated by multiple financial authorities
- Negative balance protection
- Fast and efficient customer support
Cons:
- No US or Canadian clients accepted
- Limited educational resources
Overall, Roboforex is a reliable and well-regulated broker that offers a good selection of tradable instruments and platforms. They are not however suitable for beginners due to the limited educational resources available.
Fees, Spreads & Leverage
Roboforex is a New Zealand-based forex broker that was established in 2009. The company is owned and operated by RoboForex Ltd, a member of the RoboForex group of companies. RoboForex Ltd is regulated by the Cyprus Securities and Exchange Commission with license number 191/13.
RoboForex offers the MetaTrader 4, MetaTrader 5, and cTrader trading platforms. The broker also has a proprietary web-based platform, R Trader, which is designed for trading forex, CFDs, and futures. RoboForex provides its clients with a wide range of tradable instruments, including forex pairs, spot metals, CFDs on stocks, indices, energies, and cryptocurrencies. RoboForex offers two account types for forex trading: Standard and Pro. Standard accounts have a minimum deposit of $10 and leverage up to 1:1000. Pro accounts have a minimum deposit of $1000 and leverage up to 1:500. Both account types offer floating spreads and commission-free trading.
Wrapping Up
Roboforex is an international broker, providing trading services in more than 120 countries all over the world. The company offers a wide range of services, including currency trading, precious metals, stock indices, and CFDs. Roboforex is one of the few brokers that provide negative balance protection to its clients, ensuring that they will never lose more than their initial deposit. The company is headquartered in Belize and is regulated by the International Financial Services Commission. Roboforex is a member of the Financial Commission, an international organization that mediates disputes between brokers and traders.
