Recommended for: forex trading 4.2/5
Trusted broker: Top Tier Regulated
RoboForex review summary
RoboForex is a popular International Forex Broker recognized by the experts in the Financial Market, while operating since 2009 with service around the world. Throughout the history of its operation, the broker has served numerous clients around the world and gained recognition for its advanced trading proposal, also for its tailored conditions suitable for various styles, trading sizes, and portfolios.
Also, one of the greatest things RoboForex offers is a good range of trading software or platforms where you can select between industry-powerful MT5, MT4, cTrader, or R Stock Trader.
- There are numerous developed technologies offering good solutions for trading found, RoboForex conducts CopyFX – a copy trading project. Where Contests on demo accounts are held weekly and monthly while prizes are deposited to real trading accounts allowing to start a great trading carer.
Is RoboForex legit broker?
See how RoboForex is regulated and whether you should have any concerns using it.
RoboForex pros and cons
Pro
- Free trading signals and research tools
- Wide range of trading platforms
- Long regulated history of operating
- Good reputation
Cons
- Trading conditions may vary depending on the platform used
Fees
RoboForex trading costs are based on institutional tight spreads from 0 pips and available through fast order execution developed by the technology, 4 account currencies along with micro accounts, as well as numerous investment programs.
Account opening
Account opening at RoboForex is seamless and fully digital, taking just a few minutes to complete and verified within one business day.
Deposit and withdrawal
RoboForex implements a 0% commission policy for deposits and many of withdrawals where all expenses are covered by the broker. RoboForex withdrawal options are good and include Bank Wire or Credit Cards.
Web trading platform
RoboForex has its own web trading platform called ACY Securities. It’s highly customizable, multilingual and has a clear fee report. On the other hand, there are no price alerts.
Mobile trading platform
RoboForex has its own great mobile trading platform. It is well-designed and user-friendly with a good search function. However, it lacks a safer two-step login and price alerts.
Desktop trading platform
RoboForexdesktop trading platform is provided by MetaTrader. It is highly customizable, has a clear fee report and price alerts, but lacks a two-step login and its design is outdated.
Markets and products
At RoboForex, you can trade forex and other CFDs, including crypto.
Research
RoboForex selection of research tools is average, but they are user-friendly. Charting and other technical tools, like APIs, are great. However, there are no trading ideas or fundamental data.
Customer service
RoboForex provide 24/7 customer service available via Live chat, emails, and international phone lines, also proposing callback service and supporting in more than 10 languages.
Education
RoboForex has great educational content, including webinars, manuals, a demo account to test your skills, and one-on-one training where you can chat with an expert.
Safety
RoboForex is regulated by several financial authorities including the top-tier FCA, but it is not listed on any stock exchange and its financial information is not publicly available.
