RoboForex Review 2024

Brief Look at RoboForex

RoboForex is a brokerage company that was founded in 2009. RoboForex is a leading software developer in the Forex industry and one of the best Forex brokers based on client reviews.

RoboForex is recognized as a reliable partner by the most respected financial market experts. The company has won numerous prestigious awards. The RoboForex group of companies has an international license to provide services from FSC Belize (license No. 000138/437).

Advantages of trading with RoboForex:

  • Availability of favorable trading conditions and a minimum deposit
  • Unique investment program CopyFx
  • Highest affiliate payments: up to 84% of the fee paid by the referral
  • Market launch – STP and ECN
  • Instant withdrawal of funds
  • Minimum deposit – $10

Disadvantages of RoboForex:

  • A small number of currency pairs – 36, for accounts: Pro, Pro-Cent, ECN, Prime
  • Lack of tools when trading on the R StocksTrader platform

Trading Account Opening

To facilitate your work with RoboForex and to become comfortable using its terminal, we will give you step-by-step instructions for entering the broker’s account and we will give you an online tour of its platform.

You can enter your RoboForex personal account from the main page on the broker’s website by clicking the “Sign In” button.

Authorization on the site must be carried out by entering the registered email address and password and confirming the login.

In your RoboForex personal account, you will have access to the main sections allowing you to:

  • open a trading account and fund it;

  • download the trading platform;

  • take advantage of the broker’s bonuses;

  • take part in the broker’s investment programs, make a Deposit.

Besides, in your account on the RoboForex website, you will find:

  • fresh analytics;

  • valuable educational information;

  • access to viewing the history of account transactions;

  • up-to-date quotes of trading instruments and a section for account verification;

  • and you can also get professional advice from the RoboForex support service.

Regulation and Safety

FSC Belize is an international financial regulator. The commission sets strict requirements for all its members, and only those companies that meet the regulator’s standards and comply with all its requirements are licensed by the organization.

Thus, RoboForex carries out financial activities under its regulations and their requirements, which provide traders with clearly defined rights and obligations and thereby safely secure their monetary assets.

Advantages

  • Clear regulations for trading operations
  • Governs the relationship between a broker and a trader
  • Ability to file claims in the case of a dispute
  • Governs trading NASDAQ and NYSE stocks

Disadvantages

  • A large number of regulatory documents, which must be studied before starting cooperation with RoboForex

Account Types

RoboForex offers several types of accounts to choose from. Standard options are EUR, USD, and you can also choose a non-standard option, like gold. Working with a deposit replenished with the gold instrument, a trader earns not only from trading but also from changes in gold quotes, a protective asset.

To start working with RoboForex, you need to open an account.

Deposit and Withdrawal

  • RoboForex makes instant withdrawals without a commission. RoboForex does not impose a commission on its other services.

  • Eight electronic payment systems are available for withdrawals in RoboForex: AstraPay, NganLuong Wallet, Skrill, Neteller, AdvCash, Perfect Money, as well as VISA/Mastercard and JCB bank cards.

  • All withdrawal requests are processed by the RoboForex back office instantly. The receipt of funds can take from one minute to 1 day when withdrawing to EPS and from 1 to 10 days when withdrawing to bank cards.

  • Withdrawing funds at RoboForex is available in these currencies: depending on the chosen payment method.

  • Withdrawal to RoboForex is available from one cent and to verified clients. Withdrawals are usually carried out on trading days, so you can check the RoboForex schedule.

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