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Roboforex Guide – Read our In-Depth Roboforex Review

Roboforex Rating: 7.85 / 10

This page contains information about investing with Roboforex. It is intended for educational purposes only and should never be considered financial advice. CompareBrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.

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58.42% of retail investor accounts lose money when trading CFDs with this provider.

This Roboforex review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

Please note that due to regulations, the content in this Roboforex review does not apply to users in United States, and Japan.

This Roboforex review contains the most recent information about Roboforex.

If you're a new entrant in the realm of trading and broker, so many details will be perplexing for you. Getting into the world of trading demands expert analyzing skills and comprehensive knowledge. You will acquire proficient at all of the concepts of broker as you continue trading. For starters, you have to choose the ideal broker who will be transparent with you always.

Within this fast-paced universe of stock markets and trading, you will need guidance to make correct decisions. A professional, direct investment plan could assist you in minimising any potential losses and maximising any returns. Roboforex is one such stage which will assist you. It is crucial that you understand about Roboforex until you trust them with your cash.

Roboforex review screenshot

Roboforex Guide for 2022 – Brief Overview

Roboforex Telephone Number: +65 3158 8389
Roboforex Email Address: info@roboforex.com
Roboforex Address: Soboh House 377, 28th October Street, office #1, Limassol, Limassol 3107
Year Founded: 2009
Regulated By: Cyprus Securities and Exchange Commission (CySEC), IFSC Belize license No. 000138/210, Member of the Financial Commission Compensation Fund.
Hedquarters: Cyprus
Minimum Deposit: $1
Number Of Clients: 10,000+ Roboforex users and traders
Roboforex LinkedIn: https://www.linkedin.com/company/roboforex/
Roboforex Facebook: https://www.facebook.com/RoboForexOfficial
Roboforex Facebook Likes: 306,746
Roboforex Twitter: @RoboForexGlobal
Roboforex Twitter Followers: 335
Roboforex Instagram: https://www.instagram.com/roboforex/
Roboforex Instagram Followers: 26,400
Roboforex Youtube: https://www.youtube.com/user/TheRoboForex

58.42% of retail investor accounts lose money when trading CFDs with this provider.

Our full Roboforex Review covers all you will need to learn about trading with Roboforex. A good broker can use your first investments and help to protect it from losses but also give you a platform that can give you favourable profits. If you want to earn profits, you must trade with a broker service that contrasts with your investing objectives.

There's absolutely no sure-fire way to guarantee profits; therefore, you must carefully analyze your agent before you select them. It's a frequent misconception that all agents are exactly the same, but that is not true. Wrong judgment, initially, can set your investments at risk.

Roboforex is a broker that has paved its way successfully to the broker world. In this review, we've attempted to collate some of the important facets of Roboforex. This review will allow you to know whether Roboforex is a good match for your investments or not. We've tried to breakdown all the qualities and fees for your advantage.

Roboforex Review, Table Of Contents

Who are Roboforex?

Roboforex is a foreign exchange broker headquartered in Cyprus and provides a range of tools for trading. Since its beginning in 2009, Roboforex has emerged as a top player in the field of online brokerage. Roboforex has a highly competitive and full-featured trading site that is focused on currency, indices, metals, sharesand commodities.

Over the past 13 years, Roboforex has grown into one of the leading online brokers.

After launching in 2009, their customer base has become as big as 10,000+ clients.

Roboforex is the favourite of many traders because of its negative balance protection. Our Roboforex review discovered that they're an excellent alternative for automated trading solutions. It is best suited for investors that are searching for a variety of assets. Social and automated trading options are the heart at Roboforex.

Technology plays a significant role at Roboforex. Roboforex features trading on MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps. Roboforex is fair, transparent, and a well-regulated agent by the Cyprus Securities and Exchange Commission (CySEC), IFSC Belize license No. 000138/210, Member of the Financial Commission Compensation Fund.. Their outstanding variety of tools will be beneficial for most traders. Third-party partnerships also provide in-house research.

The trader resource department at Roboforex is very enlightening for new dealers since it allows them to have a closer look in the financial markets. Roboforex caters to all types of traders and are a must-have broker for any well-diversified approach to trading.

Roboforex Videos

Benefits of trading with Roboforex in 2022

Trading with Roboforex comes with numerous advantages. These advantages are what sets Roboforex apart from the rest of the online agents. You need to check all the advantages listed so you have a better understanding of Roboforex.

The broker goes to great lengths to understand what dealers want. As a result, the service, quick, and convenient. The broker also provides a number of platforms for all types of traders. Roboforex ensures that the individual needs of all traders are met to the best of their ability.

Roboforex also includes excellent trading conditions which are available to just an elite group of institutional clients. The tight spreads and fast executions are a great benefit for those traders. The technology embraced by Roboforex is among the maximum caliber, ensuring that it is fast, reliable, and effective.

Roboforex admits the significance of owning a fast order execution. A fast implementation enables users to exchange without worrying about slippage safely. It will also aid the dealers to catch any opportunities.

Copy trading is another major facet of Roboforex. A new trader can learn from industry experts utilizing the automatic copy trading alternative. This means you can monitor the best performing traders and instantly copy their trades and benefit from their experience

To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, Roboforexoffers social trading which encompasses leading traders sharing their knowledge with the community. What stocks they are monitoring, what to buy, what to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. This is independent copy trading..

Roboforex has over 12000 trading instruments to support all kinds of traders. These tools are lively and convenient for both the new and seasoned traders. The dealers can set aside all their worries when trading using Roboforex.

Roboforex overview

Year Founded: 2009

Regulated By: Cyprus Securities and Exchange Commission (CySEC), IFSC Belize license No. 000138/210, Member of the Financial Commission Compensation Fund.

Hedquarters: Cyprus

Minimum Deposit: $1

Number Of Clients: 10,000+

58.42% of retail investor accounts lose money when trading CFDs with this provider.

If you feel that Roboforex is not right for you then at the bottom of this Roboforex review you wil find a lot of alternatives to Roboforex.

What you should know about trading using Roboforex

Roboforex is a lively platform that provides various methods of trading. These tools cover the monetary markets substantially. Most of the broker platforms offer less procedures than Roboforex

If you would like to exchange with Roboforex, you will require a minimum deposit of $1. This deposit is compulsory if you would like to begin trading using Roboforex. This 2022 Roboforex review will guide you safely about trading with them.

Roboforex is as versatile as any other brokerage platform. Roboforex is great for traders that want a manageable range of low-cost services. The programs offered by Roboforex are third party, white-label offerings. All traders may select out of MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps.

Together with everything, Roboforex has multiple benefits to new and verteran traders and should be investigated. There is no minimum time on which a trade has to be kept available. The agents offer premium client service that rewards customers with advantages.

Many less reputable brokers try to pressurise customers into larger financing for superior services. Roboforex, on the other hand, is much more concentrated on trading volume. Traders can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the user, the greater advantages will become available.

Roboforex accounts are available globally and provides outstanding service wherever they have customers. There are some select few countries where Roboforex accounts are not available. Traders in the following countries cannot open or use a Roboforex account:

United States, and Japan.

Is Roboforex Safe To Trade With in 2022?

Launched in 2009, Roboforex has been open for 13 years, they have a head office in Cyprus.

Roboforex is regulated by Cyprus Securities and Exchange Commission (CySEC), IFSC Belize license No. 000138/210, Member of the Financial Commission Compensation Fund.. These bodies have rules that make sure that trading platforms have measures in place to keep investor's resources procured. This means that Roboforex users do not need to be worried about their money as it's segregated and safely kept in banks that are established. SSL encryption simplifies each user's private information also.

You are able to make use of an option for Two Factor Authentications (2FA) with Roboforex for heightened safety. An SMS with the confirmation code will be sent to a phone. You'll be asked to enter this code to log into your account.

Another concern with financial brokers with respect to security may be manipulation of trading. This is highly disadvantageous to consumers on these platforms. Nonetheless, this is much more prevalent in the case of Market Maker brokers who compete with customers on the stage.

Roboforex Risk Disclaimer

There is a high level of risk involved when trading leveraged products such as Forex/CFDs. 58.42% of retail investor accounts lose money when trading CFDs with this provider. You should not risk more than you can afford to lose, it is possible that you may lose the entire amount of your account balance. You should not trade or invest unless you fully understand the true extent of your exposure to the risk of loss. When trading or investing, you must always take into consideration the level of your experience. Copy-trading services imply additional risks to your investment due to nature of such products. If the risks involved seem unclear to you, please apply to an outside specialist for an independent advice. RoboForex Ltd and it affiliates do not target EU/EEA clients. RoboForex Ltd and it affiliates don't work on the territory of the USA, Canada, Japan, Australia, Bonaire, Curaao, East Timor, Liberia, Saipan, Russia, Sint Eustatius, Tahiti, Turkey, Guinea-Bissau, Micronesia, Northern Mariana Islands, Svalbard and Jan Mayen, South Sudan, and other restricted countries.

Pro's & Con's Of Trading With Roboforex

Every online trading platform will have a few ups and downs, and no Roboforex review would be complete without having a balanced approach. This Roboforex review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.

Roboforex Pro's

  • Roboforex is trusted by 10,000+ clients
  • Roboforex offers Negative Balance Protection
  • Roboforex has low minimum deposit requirements
  • Roboforex doesn't charge inactivity fees
  • Roboforex doesn't charge deposit fees
  • Roboforex doesn't charge CFD fees
  • Roboforex offers social trading
  • Roboforex offers copy trading
  • Roboforex offers trailing stop
  • Roboforex offer trading on MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps
  • Roboforex offer 12000 trading instruments
  • Roboforex trades major forex pairs
  • Roboforex trades minor forex pairs
  • Roboforex trades exotic forex pairs
  • Roboforex can communicate in English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian

Roboforex Con's

  • Roboforex does not offer Guaranteed Stop Loss
  • Roboforex charge withdrawal fees
  • Roboforex doesn't offer trading on cryptocurrencies

Roboforex Review - Compare Brokers Similar To Roboforex

Roboforex
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Ayondo
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Trust Capital TC
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freetrade
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Rating 7.85 / 10 3.21 / 10 7.02 / 10 9.3 / 10
Minimum Deposit $1 $1 $250 $0
Year Founded 2009 2008 2016 2016
Headquarters Cyprus London Cyprus United Kingdom
Regulated By Cyprus Securities and Exchange Commission (CySEC), IFSC Belize license No. 000138/210, Member of the Financial Commission Compensation Fund. Financial Conduct Authority (FCA) CySEC (no. 369/18) Financial Conduct Authority. Registered in England and Wales (no. 09797821)
Clients 10,000+ 10,000+ 10,000+ 890,000+
Find Out More


58.42% of retail investor accounts lose money when trading CFDs with this provider.


77.2% of retail investor accounts lose money when trading CFDs with this provider.


76.92% of retail investor accounts lose money when trading CFDs with this provider.


The value of investments can go up as well as down and you may receive back less than your original investment.

Roboforex Review - Regulation And Licencing In More Detail

Roboforex is regulated by Cyprus Securities and Exchange Commission (CySEC), IFSC Belize license No. 000138/210, Member of the Financial Commission Compensation Fund..

Roboforex, as a company, has a strong set of rules for ensuring honest trading on its platform. For data encryption purposes, it supplies an industry-standard secure socket layer (SSL).

As per the company's privacy regulations, customer information is to not be shared with some other institutions or individuals. Including credit history and other financial details.

Roboforex Review - Awards

Roboforex have won several industry awards over the time they have been running as a financial broker. We show the most notable awards for Roboforex below.

  • In 2020 Roboforex was awarded Most Trusted Broker.
  • In 2020 Roboforex was awarded Most Transparent Asian Forex Broker.
  • In 2020 Roboforex was awarded Best Investment Products (Global).
  • In 2021 Roboforex was awarded Best Mobile Trading App (Global).
  • In 2021 Roboforex was awarded Most Transparent Broker (Global).

Roboforex Trading Platforms

Roboforex are a trustworthy trading platform that has been trading for over 13 years. They offer a wide range of options in their customer accounts.

Below we take the main parts of any reputable brokerage and compare Roboforex with Ayondo, Trust Capital TC, and freetrade

Roboforex
learn more about Roboforex
Ayondo
learn more about Ayondo
Trust Capital TC
learn more about Trust Capital TC
freetrade
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Demo Account Yes Yes Yes Yes
Proprietary Platform Yes No No Yes
Windows App Yes No Yes Yes
Mac App Yes No Yes Yes
Linux App No No No No
Social Trading Yes Yes Yes Yes
Copy Trading Yes Yes Yes Yes
MetaTrader 4 (MT4) Yes No Yes Yes
MetaTrader 5 (MT5) Yes No Yes Yes
cTrader Yes Yes Yes Yes
DupliTrade No No Yes Yes
ZuluTrade No No No No


58.42% of retail investor accounts lose money when trading CFDs with this provider.


77.2% of retail investor accounts lose money when trading CFDs with this provider.


76.92% of retail investor accounts lose money when trading CFDs with this provider.


The value of investments can go up as well as down and you may receive back less than your original investment.

Roboforex Review - Roboforex MetaTrader 4 (MT4)

MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.

The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.You can start using the MetaTrader 4 platform with Roboforex in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. Roboforex MetaTrader 4 is compatible with the latest macOS. Roboforex allows traders to trade on mobile devices through Android and iOS devices.

Metatrader 4 Webtrader and Roboforex

MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.

Trading With Roboforex MetaTrader 4 On iOS Devices

You can download the Roboforex app or also trade with Roboforex through the MetaTrader 4 application on the Apple app store.

Download the Roboforex MetaTrader 4 Program free of charge from Apple's App Store. Roboforex customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.

Trading With Roboforex MetaTrader 4 On Android Devices

Andorid mobile devices and tablets are used by millions of people globally. Roboforex provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 10,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android Roboforex MetaTrader 4 Android application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.

Roboforex Review - Minimum Deposit Required

The minimum deposit you must deposit to get started on Roboforex is $1. This is a decent amount for those just beginning. It's possible to make more complex deposits as you cooperate. However, make certain that you know how to make the most of your cash before investing larger amounts.

Roboforex Review - Commission And Fees Explained

Roboforex is an online broker platform, and most online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled much better. In other words, an online broker is not necessarily influenced by the number of clients they have.

However, this doesn't necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are primarily three types of penalties for this purpose.

The first sort of fees to look out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you are charged trading charges. In these cases, you are paying a spread, financing speed, or a commission. The kinds of trading fees and the rates vary from broker to broker.

Commissions can be fixed or determined by the traded quantity. On the other hand, a spread refers to the difference between the buying and selling cost. Financing or overnight rates are people that are billed when you hold a leveraged position for longer than daily.

Apart from trading fees, online brokers also charge non-trading fees. These are determined by the actions you undertake on your accounts. They're charged for services like depositing money, not investing for long periods, or withdrawals.

In general, Roboforex doesn't charge high fees compared to other online brokers. For operations other brokers charge for, they do not charge a brokerage fee, or they charge a lesser amount. This is beneficial for people who regularly trade, for example daily or weekly trading.

However, non-trading fees billed by Roboforex are comparatively greater. Consequently, you're charged more for non-trading actions on your trading accounts, like deposits and withdrawal. These aren't about the sale and purchase of resources.

This Roboforex review breaks down every one of the applicable non-trading charges for you in detail.

Compare Broker Fees Of Roboforex

Roboforex
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Ayondo
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Trust Capital TC
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freetrade
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Minimum Deposit $1 $1 $250 $0
Withdrawal Fees Yes Yes No No
Inactivity Fees No Yes No No
Deposit Fees No Yes No No
CFD Fees No Yes No No


58.42% of retail investor accounts lose money when trading CFDs with this provider.


77.2% of retail investor accounts lose money when trading CFDs with this provider.


76.92% of retail investor accounts lose money when trading CFDs with this provider.


The value of investments can go up as well as down and you may receive back less than your original investment.

Roboforex Review - Withdrawal Fees Explained

Roboforex charges a withdrawal fee when you make a bank transfer. Each time you transfer money into your bank accounts, these withdrawal charges become applicable.

Withdrawal of money is possible at any moment from the Roboforex account. It's possible to draw sums up to the amount of your account balance, keeping aside the margin used. 1 thing to keep in mind is that you don't necessarily need to have any cash on your account.

Moreover, the withdrawn money will be moved directly to the account you use to make deposits. Therefore, in the event that you used a credit card for deposits, the withdrawn money will be sent to the card. Roboforex will ask you to provide other withdrawal methods if your details have changed since your deposit.

There is a minimum withdrawal amount. In case you are withdrawing money in different currencies from USD, a conversion fee is also important. The conversion fee will be dependent on the currency you're opting to withdraw in.

Roboforex Review - Inactivity Fees Explained

Understanding whether you will be charged inactivity fees is one of those buzzing questions that run through your head when open an account with Roboforex. An inactivity fee is an amount charged to registered traders who have not engaged in purchasing or selling for some time. The period regarded as inactive is decided by the broker.

The inactivity fee differs from one agent to another and is not standardized. If a traders account does not have a buying or selling transaction, it's claimed by the broker as an inactivity fee. The traders need to pay this commission under terms and conditions they had consented while registering.

Roboforex doesn't charge inactivity fees so you are free to utilize your account as needed

Even if no fees are implied by Roboforex, it's better for you to close the account if you are inactive. Inactivity fees are not only charged by brokerage companies but also many financial services.

For additional trading platforms, the inactivity fee depends on the sort of account you have selected. The inactivity fee is exposed to many circumstances and should be revealed clearly by the agent beforehand.

Roboforex Review - Deposit Fees Explained

When you move money into your trading account by the bank account, a deposit fee can be billed by the broker. Most agents do not charge an excessive amount of money for this particular operation.

Roboforex doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed

Depositing cash on the Roboforex trading platform is easy. You simply have to finish a single-user profile questionnaire to start depositing money into your trading account. You will need to give an identity evidence and evidence of residency to deposit large sums.

Roboforex Review - Compare Broker Deposit Methods

Roboforex
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Ayondo
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Trust Capital TC
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freetrade
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Minimum Deposit $1 $1 $250 $0
Credit Card Yes Yes Yes Yes
PayPal No No Yes Yes
Neteller Yes No Yes Yes
Skrill No No Yes Yes
Payoneer Yes No No Yes


58.42% of retail investor accounts lose money when trading CFDs with this provider.


77.2% of retail investor accounts lose money when trading CFDs with this provider.


76.92% of retail investor accounts lose money when trading CFDs with this provider.


The value of investments can go up as well as down and you may receive back less than your original investment.

What Can You Trade With Roboforex in 2022?

Note: Roboforex provides a lot of different trading instruments due to regulatory restrictions in some countries. Trading instruments offered can be different based on the country of residence of the client.

Roboforex has a wide variety of over 12000 instruments available for you to trade with.

If trading currency pairs is of interest to you then Roboforex offer over 35 forex pairs.

Compare Roboforex, Ayondo, Trust Capital TC & freetrade below.

Roboforex
learn more about Roboforex
Ayondo
learn more about Ayondo
Trust Capital TC
learn more about Trust Capital TC
freetrade
learn more about freetrade
Platforms MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps Web Trader MT4 MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
Instruments Available 12000 100 49 115
Forex & Crypto
Forex Pairs Available 35 40 28 85
Offers Major Forex Pairs? Yes Yes Yes Yes
Offers Minor Forex Pairs? Yes Yes Yes Yes
Offers Exotic Forex Pairs? Yes Yes No Yes
Offers Cryptocurrencies? No No Yes Yes
Commodity CFD's
Commodities Offered 0 6 8 31
Trade Metals? Yes Yes Yes Yes
Trade Energies? No No Yes Yes
Trade Agricultural? No No Yes No
Indiced & Stock CFDs
Stocks Offered 0 6 8 31
Trade UK Shares? No Yes No No
Trade US Shares? No No No No
Trade German Shares? No No No Yes
Trade Japanese Shares? No No No No


58.42% of retail investor accounts lose money when trading CFDs with this provider.


77.2% of retail investor accounts lose money when trading CFDs with this provider.


76.92% of retail investor accounts lose money when trading CFDs with this provider.


The value of investments can go up as well as down and you may receive back less than your original investment.

Reviewing The Roboforex Mobile App

Note: Roboforex's mobile app has a lot of functions and is being constantly developed. What follows was correct at the time of compiling this Roboforex review.

Understand the capabilities of the mobile apps of Roboforex, Ayondo, Trust Capital TC & freetrade below.

Roboforex
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Ayondo
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Trust Capital TC
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freetrade
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Basic Alerts / Push Notifications Yes Yes Yes Yes
Watchlists
Has A Watchlist Yes No Yes Yes
Watchlist Syncs Across Platforms Yes No Yes Yes
Indicators And Charts
App Indicators Yes No Yes Yes
Can Draw Trendlines Yes No Yes Yes
Can Move Trendlines Yes No Yes Yes
Has Multiple Timeframes Yes No Yes Yes
Saves Charts Yes No Yes Yes
Other Broker Mobile App Functions
Has Economic Calendars Yes No Yes Yes


58.42% of retail investor accounts lose money when trading CFDs with this provider.


77.2% of retail investor accounts lose money when trading CFDs with this provider.


76.92% of retail investor accounts lose money when trading CFDs with this provider.


The value of investments can go up as well as down and you may receive back less than your original investment.

Trading Education Available At Roboforex

Understand the trading resources available with Roboforex, Ayondo, Trust Capital TC & freetrade below.

Roboforex
learn more about Roboforex
Ayondo
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Trust Capital TC
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freetrade
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Forex Education No No Yes Yes
CFD Education Yes No Yes Yes
Regular Client Webinars No No Yes Yes
Archived Webinars Yes No Yes Yes
Beginner Trading Videos No No Yes Yes
Advanced Trading Videos Yes No Yes Yes
Investor Dictionary (Glossary) No No Yes Yes
PDF Trading Guides Yes No Yes Yes


58.42% of retail investor accounts lose money when trading CFDs with this provider.


77.2% of retail investor accounts lose money when trading CFDs with this provider.


76.92% of retail investor accounts lose money when trading CFDs with this provider.


The value of investments can go up as well as down and you may receive back less than your original investment.

Roboforex Customer Support

While collating this Roboforex review we looked at the customer service options as well as response times. the Roboforex trading platform issue solving effectiveness. Roboforex supports many languages, including English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian.

Roboforex Live Chat Support

We tried the livechat experience with Roboforex and it works well. We sent messages via Roboforex livechat through their app and website and received a response in less than 20 seconds. On Occasion there was no response.

We tested communicating with Roboforex support in multiple languages and in various countries. Roboforex were able to resolve our customer concerns.

Roboforex Phone Support

We phoned Roboforex and the call was answered extremely promptly. The call was answered within less than five to ten minutes.

Roboforex phone support team were able to successfuly answer our questions and issues over the phone. We tried the multilingual Roboforex team by calling them in various languages. Roboforex made an effort to make sure that our questions were addressed.

The overall support via phone from Roboforex was okay.

Roboforex Email Support

We sent several messages to Roboforex and answer times overall were satisfactory. The fastest email response from Roboforex was 5 hours while the most slow response was 8 days! Sometimes there was no response. Support response times may vary for you with Roboforex, however, we've had the experience of sending out 10 emails at various times.

The team was able to resolve and answer our questions. Overall average email support from Roboforex was acceptable.

Alternatives To Roboforex

If, after studying this Roboforex review, they don't fulfill your requirements check out these Roboforex alternatives.

We have scoured the web to find the best alternatives to Roboforex. Click on the links below to find out more.

Frequently Asked Questions about Roboforex

Can I try Roboforex before I buy?

Yes, you can most definitely try Roboforex before you buy. Roboforex offers demo accounts for the ease of beginner traders. You may use this feature to build your faith in the system as well as yourself and your trading strategies.

If you register for a demonstration account on Roboforex, you will set out with a decent amount of virtual money. It's to establish a feeling of security and confidence in you until you choose to spend your own money.

With this virtual Roboforex demo account, you can experiment in any way, to whatever length you wish. You might also start positions, examine different trading approaches, and more.

Roboforex specifies on its official site that you are able to trade real time stocks in a demo account.

Is Roboforex safe?

You can drop all of your worries because we believe that Roboforex is totally safe to use. It is in compliance with the rules of Cyprus Securities and Exchange Commission (CySEC), IFSC Belize license No. 000138/210, Member of the Financial Commission Compensation Fund..

Even so, Roboforex does not provide assured stop-loss protection.

Why does Roboforex ask for my passport?

The reason that Roboforex asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Roboforex has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Roboforex must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.

How can I start trading with Roboforex?

The process to start trading withRoboforex is perhaps simple enough to be a cakewalk. You need to begin by signing up on the Roboforex website. It will require you to fill in details pertaining to the credibility and security of your account.

Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with Roboforex is $1. You should have a good hold over the details of online trading before you set out and trade with real money.

If you are confident of your knowledge and understanding, you can open an account with Roboforex.

The best way to kickstart your trading career with Roboforex is to open a demo account facility before risking any real money

What funding methods do Roboforex accept?

There are multiple ways to finance your accounts with Roboforex. The process is effortless and quick, with different payment methods at your fingertips.

You can use debit or credit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing funds. You must keep in mind that PayPal is not available in every country. The currencies Roboforex

Is my money safe with Roboforex?

Yes, your cash is safe and protected with Roboforex. As you know, Roboforex operates with good conformation to. It has established plenty of measures to protect all its investors.

Roboforex protects its clients' personal and sensitive information under SSL encryption. Your capital will be retained highly secure in top-tier banks.

If you want to further protect your account, it is possible to empower Two-Step Verification also. It requires an SMS confirmation that you access your account.

Is Roboforex trading good?

Yes, trading through Roboforex is a pleasant and decent experience indeed. It's an excellent and intuitive platform with helpful features for your simplicity. In addition, you can also gain access to a huge collection of educational resources and assistive substance to kickstart your trading expertise.

If you are still skeptical, it is possible to start a eToro demo account and assess the trustworthiness of the platform on your own.

Which Countries do Roboforex support?

Roboforex operates around the globe. However, due to regulations Roboforex can't accept clients from United States, and Japan.

Is Roboforex legit?

Roboforex is a legit company headquarted in Cyprus since 2009. They are regulated by Cyprus Securities and Exchange Commission (CySEC), IFSC Belize license No. 000138/210, Member of the Financial Commission Compensation Fund.. Roboforex is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.

Is Roboforex a good broker?

Roboforex is an excellent agent, and its own users can vouch for it. The highlight of the platform is its quick order execution on transactions.

You will discover the clean design of the platform and the commendable features that a pleasure to work with.

Is Roboforex a trustworthy broker?

Yes, Roboforex is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.

What is the minimum deposit for Roboforex?

The minimum deposit to open a live account with Roboforex is $1

How long do Roboforex withdrawals take?

Normally, withdrawal of money from Roboforex is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from Roboforex to show in your bank account.

Are Roboforex regulated?

Roboforex are regulated by Cyprus Securities and Exchange Commission (CySEC), IFSC Belize license No. 000138/210, Member of the Financial Commission Compensation Fund.

Is Roboforex a market leading broker?

Roboforex is indisputably one of the industry leaders. It has over 10,000+ registered users and over 13 years of experience on its own record. They are one of the world's leading trading platforms and a dominant figure in the Fintech revolution.

It simplifies this standing to its incredible platform and broad range of tools plus resources so that you can put money into capital markets.

Is Roboforex a con?

No, Roboforex is not a con. They are regulated by Cyprus Securities and Exchange Commission (CySEC), IFSC Belize license No. 000138/210, Member of the Financial Commission Compensation Fund. and must adhere to their rules. Thus, it is safe to say that Roboforex is not a scam.

Can you make money with Roboforex?

Through Roboforex, several traders make a great deal of money. But on average, through consistent trading, you also can create between 2% - 10% profit a month.

This can look to be a small number, but within the entire year, this adds to a substantial amount of gains. Even though Roboforex provide you all of the tools to make money, they cannot guarantee you will profit.

Does Roboforex have fees?

Yes. To start trading with Roboforex, you need to deposit $1. Certain commissions while trading also apply. Any processing fees from your bank might need to be incurred by you.

When was Roboforex founded?

Roboforex was founded in 2009 in Cyprus. Roboforex is regulated by Cyprus Securities and Exchange Commission (CySEC), IFSC Belize license No. 000138/210, Member of the Financial Commission Compensation Fund..

How many people use Roboforex?

Roboforex is a worldwide recognised broker with 10,000+ customers.

Where is the Roboforex head office?

Roboforex has its head office in Cyprus

Does Roboforex offer negative balance protection?

Yes, Roboforex has Negative Balance Protection. It's specially offered while the market volatility prevents customers from letting their accounts go in the red. In a situation like this, Roboforex offers the ability to reset a clients account balance to zero.

You are able to go through the critical stipulations on Roboforex's website to comprehend their policies.

Does Roboforex offer guaranteed stop loss?

Roboforex unfortunately, doesn't provide guaranteed stop loss. Roboforex gives an opportunity for its traders to close their trades in their specified price. Apart from this, Roboforex does not offer guaranteed stop loss.

Does Roboforex allow scalping?

Yes, Roboforex do permit scalping. Many traders across the world choose Roboforex for their services that are trading. They offer trading on MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps which allow this.

Does Roboforex allow hedging?

Yes, Roboforex does allow hedging.

Can you trade energies with Roboforex?

No, unfortunately you cannot trade energy stock with Roboforex

Can you trade agricultural shares with Roboforex?

No, unfortunately you cannot trade agricultural stock with Roboforex

Can you trade cryptocurrency with Roboforex?

No, unfortunately you cannot trade cryptocurrency with Roboforex

Can you trade metals with Roboforex?

Yes, you can trade metals with Roboforex

Can you trade UK Shares with Roboforex?

No, unfortunately you cannot trade UK shares with Roboforex

Can you trade US Shares with Roboforex?

No, unfortunately you cannot trade US shares with Roboforex

Can you trade Japanese Shares with Roboforex?

No, unfortunately you cannot trade Japanese shares with Roboforex

Can you trade German Shares with Roboforex?

No, unfortunately you cannot trade German shares with Roboforex

Does Roboforex accept bank transfers?

Yes, Roboforex accepts bank transfers for depositing money.

Does Roboforex accept credit cards?

Yes, Roboforex accepts credit cards for depositing money.

Does Roboforex accept PayPal?

No, Roboforex does not accept PayPal.

Does Roboforex accept Skrill?

No, Roboforex does not accept Skrill.

Does Roboforex accept Payoneer?

Yes, Roboforex accepts Payoneer for depositing money.

Does Roboforex accept Neteller?

Yes, Roboforex accepts Neteller for depositing money.

Does Roboforex offer Live Chat customer support?

Yes, Roboforex offers customer support through live chat.

Does Roboforex offer phone customer support?

Yes, Roboforex offers customer support over the telephone.

Does Roboforex offer email customer support?

Yes, Roboforex offers customer support through email.

What languages can Roboforex communicate in?

Roboforex has the ability to communicate and support customers who speak: English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian

Does Roboforex have a wikipedia page?

No, Roboforex does not have an official wikipedia page.

Does Roboforex offer demo accounts?

Yes, Roboforex offers demo accounts so you can learn their systems before risking any real capital. New traders can open a demo account in order to better understand the aspects of Forex trading and test out some of the company’s features before signing up for a live account.