Can Roboforex Be Trusted?
How Is RoboForex Regulated?
RoboForex was founded in 2009. It is a rapidly growing broker offering excellent trading conditions. They do so through experience and cutting-edge technology. They are a multinational broker. They provide its customers with eight unique assets. They also provide 12 different instruments to ensure consistent service.
RoboForex is a well-known broker that is safe, legal, and trustworthy. It is controlled by reputable bodies all around the world. It has received many accolades for its dependable services.
How is RoboForex regulated?
RoboForex Limited is a regulated international broker. For example, the broker is licenced by IFSC Belize. The permit number is 000138/210.
The International Financial Services Commission Belize (IFSC Belize) is based in Belize. To oversee financial services around the world, the regulator uses international standards.
The regulator is in charge of awarding licences to various financial service providers. They also ensure that all licence holders follow all requirements. It has to be effective, dependable, and transparent.
Furthermore, obtaining an IFSC licence is difficult. The regulator ensures that only the most responsible and dependable organisations are licensed. IFSC Belize also adheres to international norms for anti-money laundering policies.
Financial Commission Participant
RoboForex is an active member of the Financial Commission. This worldwide organisation is in charge of resolving all types of conflicts. Whether it is between clients and its subsidiaries or the company.
RoboForex's official website states that the broker belongs under the commission's compensation fund's A category. This category provides some protection in all cases. They also assist businesses that follow the commission fund's guidelines.
RoboForex also provides negative balance protection to all its clients. It is not regulated anywhere in the EU. The company provides all its client's specific protection against negative balances.
Big market risks enhance the possibilities of high losses. This happens in unfortunate circumstances of excessive volatility. In such cases, RoboForex ensures that clients with very low margins are halted from all positions.
RoboForex Restricted Countries
RoboForex Ltd and its affiliates do not target EU/EEA/UK clients. RoboForex Ltd and its affiliates don't work on the following territories
- USA
- Canada
- Australia
- Japan
- Bonaire
- Curaçao
- Indonesia
- East Timor
- Iran
- Liberia
- Russia
- Saipan
- Sint Eustatius
- Tahiti
- Turkey
- Guinea-Bissau
- Micronesia
- Northern Mariana Islands
- Svalbard
- Jan Mayen
- South Sudan
FAQs
RoboForex: a reliable broker?
RoboForex is regarded as a trustworthy partner. The business has received many important accolades. The FSC Belize has granted the RoboForex global permission to conduct business. CySEC has granted them a European licence (licence No. 191/13 Robomarkets Ltd.).
How does RoboForex maintain the privacy and security of my personal data?
Their business uses state-of-the-art SSL (Secure Sockets Layer) technology. It ensures the security of the data you supply. SSL technology offers trustworthy security. Your personal information is shielded from unauthorised access and theft by other parties. To prevent unwanted access to the system and end any such intrusion, they are continually enhancing their safety systems.
Roboforex Guide – Read our In-Depth Roboforex Review
Roboforex Rating: 7.85 / 10
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58.42% of retail investor accounts lose money when trading CFDs with this provider.