BASIC INFORMATION & REGULATORS

RoboForex was founded in 2009 and subsequently became a member of the FSCL with the introduction of negative balance protection services, followed by the addition of CFD instruments and the introduction of gold and RMB trading accounts. In 2016, the company started to create a dedicated investment platform and professional analysis center RAMM, releasing stock trading, with a total of 9,400 trading instruments and a maximum leverage ratio of 1:1200. In 2019, the company's trading instruments reached a total of 11,700 and were globally updated for Android and iOS versions of R webTradery and R MobileTrader, winning more than 20 financial industry awards. RoboForex is currently regulated offshore by the Belize Financial Services Commission (regulatory number: 00138/107).

Security Analysis

RoboForex only holds the retail foreign exchange license of Belize IFSC, and the leverage set by this broker is too large, and the withdrawal fee is charged. Therefore, investors should consider carefully when choosing this platform.

Main Business

RoboForex provides investors with popular trading tools on financial marekt, mainly including foreign exchange (more than 40 currency pairs), metals (silver and gold) stocks, indices, commodities, cryptocurrency, cryptocurrency index.

Leverage & Accounts

In order to meet the investment needs and investment experience of different investors, RoboForex has set up five different trading accounts, namely Pro-Standard Account (minimum deposit of $10/EUR), Pro-Cent Account (minimum deposit of $10/EUR), ECN Account (minimum deposit of $10/EUR), Premium Account (minimum deposit of $10/EUR) and R Trader Account (minimum deposit from $100). The maximum leverage for Pro-Standard and Pro-Cent accounts is 1:2000, the maximum leverage for ECN accounts is 1:500, and the maximum leverage for Premium and R Trader accounts is 1:300.

Spreads & Commission Fees

Pro-Cent accounts have minimum spreads starting from 1.3 points and refund 1.5% commission on company income. Pro-Standard accounts have minimum spreads starting from 1.3 points and refund up to 15% commission on company income. ECN accounts have minimum spreads starting from 0.0 points and refund up to 15% commission on company income. Premium accounts have minimum spreads starting from 0.0 points and refund up to 5% commission. R Trader accounts charge a fee of $0.0045 per share (minimum $0.25 fee) for trading US stocks (deposits of $10,000), $0.02 per share for CFDs on US stocks (minimum $1.50 fee), 0.07% for European stock CFDs (minimum €2.80/GBP fee), 0.30% for cryptocurrency transactions (minimum $0.01), $15 per million for foreign exchange transactions in the base currency, and a floating fee for index products (minimum $1 fee).

Trading Platform

RoboForex provides traders with a variety of high-performance trading software, mainly MT4, MT5, cTrader, R Trader, RoboForex end point. cTrader is suitable for experienced traders, the trading software has 54 technical indicators, 14 schedules, secondary pricing, and rare types of orders. R Trader allows traders to access all financial marekts around the world through a WEB end point using a familiar web browser.

Deposit and withdrawal funds

The main deposit and withdrawal methods supported by Roboforex include bank transfer SEPA (supports EUR, deposits without fees, withdrawals need to pay 1.5% fee), China UnionPay (supports RMB, deposits without fees, withdrawals need to pay 1.5% fee), Skrill (supports EUR & USD, deposits without fees, withdrawals need to pay 1% fee), NETELLER (supports EUR & USD, deposits without fees, withdrawals need to pay 1.5% fee), AdvCash (deposits without fees, withdrawals need to pay 1% fee), Perfect Money (supports EUR & USD, deposits without fees, withdrawals need to pay 0.5% fee), AstroPay (supports EUR, USD, AUD, people Currency, deposit no fee, withdrawal fee of 0.5%), VISA/MasterCard/JCB (support USD, EUR, CHF, GBP, deposit no fee, withdrawal fee of 2.6% + 1.3USD/1 EUR).