RoboForex Review

RoboForex is a forex and CFD broker that was founded in 2009. It is regulated by the International Financial Services Commission (IFSC) in Belize. RoboForex offers a wide range of trading accounts, platforms, and instruments.

Table of Content

RoboForex Trading Platforms

RoboForex offers three main trading platforms:

MetaTrader 4 (MT4): This is the most popular forex trading platform in the world,and it is also available on RoboForex. MT4 is a user-friendly platform that offers a wide range of features, including charting tools, technical indicators, and automated trading capabilities.

MetaTrader 5 (MT5): MT5 is the successor to MT4, and it offers a number of new features, such as a built-in economic calendar and a hedging option. However,MT5 is not as widely used as MT4, and some traders may prefer the familiarity of the older platform.

R StocksTrader: This is RoboForex’s own proprietary trading platform. It is a web-based platform that is designed to be easy to use, even for beginner traders. R StocksTrader offers a limited range of features compared to MT4 and MT5, but it may be a good option for traders who want a simple and user-friendly platform.

Also read: Broker Reviews on

Roboforex review trading platforms

RoboForex Leverage

RoboForex offers high leverage options across its various account types, ranging from 1:300 up to a staggering 1:2000. This can be appealing to traders seeking to amplify potential gains, but it’s crucial to understand the inherent risks:

Potentially magnified profits: Leverage allows you to control larger positions with less capital, increasing potential profits if the market moves in your favor.

Exaggerated losses: Leverage also amplifies losses. A small adverse move against your position can wipe out your entire account balance.

Margin calls and forced liquidations: When losses reach a certain threshold, RoboForex may issue a margin call requiring additional funds or force liquidate your position, potentially at a loss.

Psychological impact: Trading with high leverage can be emotionally charged,leading to impulsive decisions and increased risk-taking behaviors.

  • Available leverage varies depending on account type and instrument traded.
  • RoboForex explicitly warns about the dangers of high leverage and recommends using it cautiously.

RoboForex Regulation

Main regulator: International Financial Services Commission (IFSC) of Belize: This is the primary regulator for RoboForex Ltd.

Belize is considered a less strict regulator compared to some others, such as the FCA in the UK or the CySEC in Cyprus. This means there may be fewer protections for investors in case of issues with the broker.

RoboForex is an FSC (Belize) regulated brokerage company (license number 000138/7).

EU Trademark certificate number is 012033461 issued by UAMI 26/12/2013.

China Roboforex Trademark certificate number is 13115426 issued by CNIPA, CN, 21/082013.

Minimum deposit

The minimum deposit required for a RoboForex account depends on the type of account you choose:

Account TypeMinimum Deposit
ProCent, Pro, Prime, and ECN10 USD / 10 EUR or equivalent in the account currency
R StocksTrader100 USD / 100 EUR

The minimum deposit is relatively low for the ProCent, Pro, Prime, and ECN accounts, making them accessible to beginner traders. The R StocksTrader account requires a higher minimum deposit, which may be less attractive to beginners. RoboForex allows deposits in various currencies, including USD, EUR, GBP, and more. The minimum deposit amount may be subject to change, so it’s always best to check the RoboForex website for the latest information.

Important to note:

  • Before depositing any funds, carefully consider the risks involved in trading and ensure you understand the potential for losses.
  • Make sure you choose an account type that suits your trading experience and risk tolerance.
  • Do your own research and compare RoboForex with other brokers before making any investment decisions.


  • Wide range of trading accounts, platforms, and instruments
  • Competitive spreads and commissions
  • Low minimum deposit
  • Islamic accounts available
  • Copy trading available
  • 24/7 customer support


  • Regulated by the FSC, which is considered a less strict regulator than some others
  • Some negative customer reviews online
  • Limited features in R StocksTrader platform: May not be suitable for advanced traders seeking extensive functionality.
  • Higher minimum deposit for R StocksTrader account: Could be less accessible for beginners.
  • High leverage options: Can magnify both profits and losses significantly,increasing risk of substantial losses.


Overall, RoboForex is a forex and CFD broker with a wide range of offerings. However, it is important to be aware of the risks involved in trading before you open an account. It is also important to do your own research before choosing any broker.

Additional considerations:

  • Transparency: Assess the clarity and accessibility of information provided by RoboForex.
  • Financial stability: Evaluate RoboForex’s financial health and risk management practices.
  • Customer support: Consider responsiveness, efficiency, and language availability of customer service.

Remember, it’s crucial to conduct thorough research, considering your individual needs, risk tolerance, and investment goals before choosing any broker. Don’t solely rely on reviews or marketing materials – prioritize independent research and due diligence.



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