Featured
US traders Interest rate on funds Bonus offers Trading contests MAM accounts Affiliate program Islamic accounts available| 4.7/10 (434 votes) | |
|---|---|
| Company | RoboForex LP |
| Founded in | 2009 |
| Online since | 2010 |
| Offices in | Show countriesHide |
| Payment options | Show payment optionsHide |
| Demo platforms |
|
| Account currencies | Euro United States dollar |
| Regulated by | FSCL (New Zealand), 4148 |
| Website available in | Chinese English Indonesian Malay Russian |
| Support available in | Chinese English Indonesian Malay Russian |
| Support methods | Show support methodsHide |
| Trading server time zone | EET |
| VPS for traders | Free for deposits greater than $300. |
| Rebates per 1 std. lot | $2 |
| Special notes | Swap-free (Islamic) accounts involve paying commission of $5-20 per one standard lot. |
| Minimum account size | $10 |
|---|---|
| Minimum position size | 0.001 lot |
| Spread type | Fixed |
| Spread on EUR/USD, pips | 2 |
| Commission (one-way) for CFD per 1 std. lot | $10 |
| Scalping | Forbidden |
| Expert advisors | Allowed |
| Trading instruments |
ExpandMinimize |
| Trading platforms | MetaTrader 4 MetaTrader 5 MT4 Web Trader (XOGEE) |
| Digits after the dot in quotes | 4 |
| Margin call level | 40% |
| Stop-out level | 10% |
| Minimum distance to stop/limit orders, pips | 2 |
| Number of currency pairs (of which exotic) | 48 (21) |
Hedging Overnight interest rates (swaps) Trailing stop Pending orders One-click trading Mobile trading Browser-based platform Automated tradingOpen demo account with RoboForex.
Open real account with RoboForex.
View contract specifications.
30 reviews of RoboForex are presented here. All reviews represent only their author's opinion, which is not necessarily based on the real facts.
Good execution, No requoetes on ECN account, pro account also fast, Smart withdrawl and deposition, customer support is not good, it should be improved.I have no problem with that broker except customer support. delay and can not able to provide good one stop service.
safety on fund withdrawal,
now it is regulated .
with thanks.
Dr Nizam,MBBS,PhD,MD
Bangladesh
It's not worth trading with RoboForex. I registered Fix-Cent, they gave me 15 $ bonus, started trading , regarding their rules, made more than 2 $ and suddenly I couldn't log in. I thought maybe there are technical problems, but all the week I couldn't log in, so I sent a question for support, but 2 weeks there's no answer at all. I agree that they should not be trusted.
very good broker. Spread is now from 0.2 pip while the pro ECN can be as low as 0 pip (but with commission for that type of account). Never experienced any problems. Check your connection if you're getting slow orders.
roboforex is good broker. trading conditions, withdarw time all are good. but i dont like there bonus program. there are too much requirements for bonus program. also bonus program dose not support equity. so bonus is useless for unless fulfill its requirements. with 5% or 10% investment, we have to wait to fulfill requirements, more than one year 5% or 10% bonus. anyway good broker for trade. careful with
Roboforex closed more than 10 my Open Position suddenly....be carefully to Roboforex....
they have warned that the spread is at the end of the week is always widened
I have been trading for about 25 days. So far I have had a good experience. Definitely NOT a scam. Trading conditions getting even better as well. So far I'm satisfied. I'll probably give a detailed review after 3 months of trading.They have things in place to become a top broker. But lets see how things go over a longer period of time.
just one word. they are not a scam. I believe it
i like this is broker
recomended for all trade
Hello to all, pro standart accounts , orders take 10 seconds to go. well is not a broker of choice.
Regards
this is the best of the best broker very fast and very good for scalping
I like support and promotion
i have been trading with them for a moment! Sofar i never had any problem with them. I like their cursotmer support. Their execution is poor and not ideal for scalping thats the only draw back i see in them.
This is a Scam. If they feel that you are a clever client to earn, then they are after your buying selling and losses making to you by moving prizes with a plan . And they make you loss and they like to remove you from robo forex by giving losses to you . But if you are not a clever person for forex trading, then they like you . So be careful this cuning Robo forex
scam broker,the speed of ordre executions in pro accounts is crap.they manipulated the price against clients,just compare their charts with other broker,and you will find out many things.
To submit your own Forex Broker review for RoboForex fill the form below. Your review will be checked by a moderator and published on this page.
By submitting a Forex Broker review to EarnForex.com you confirm that you grant us rights to publish and change this review at no cost and without any warranties. Make sure that you are entering a valid email address. A confirmation link will be sent to this email.
Please, try to avoid profanity and foul language in the text of your review, or it will be declined from publishing.
Attention! This is NOT a Broker's contact form. You CAN'T contact RoboForex via it. The form below can only be used to post a review of this Broker.
This broker will let you make a money for a while then will wipe up your account in different ways. I will list some of their ways below:
1. Re-quoting: They don't do that a lot but they seem wait for the right opportunity to do it when they do it, will make you loss a massive amount within seconds. This problem occurred on both live and demo account.
Check their price of GBPUSD on 27 Apr 2011 the lowest price that day with most brokers was 1.61530 but their lowest price was 1.61243 and if you look at their H1 chart on 27 Apr 2012 at 0:00 GMT +2 you will see the re-quoting very clear. The moment the market started the other day they did their re-quoting.
The most Interesting thing is that they have the same lowest price on what they call it ECN account.
2. Take Profit & Stop Loss: Many times RoboForex server will pass your target profit or stop loss many pips wihtout closing the order. It happened with me on 26 Apr 2012 at 15:54 opened GBPUSD sell position at 1.61841 and with take profit at 1.61500, on 27 Apr 2012 at 0:00 they re-qouted the price and rechead 1.61243 and my position didn't close with target take profit. However I contacted them and they said there's no problem with our server and you're already agreed with risk disclosure when you opened you're account. Even with proofs I provided them they didn't solve the problem. Same problem happened with me last week beside the server was disconnected but unfortunately I didn't take screen shot that time but I have the log sent to them and it was the same answer. Last week made me lose $20,000. This problem occurred only on live account.
3. Server Disconnection: That's their main key to make you loss money. The server gets disconnected during important trading times, especially around the news or if you have big trades or lots open. This problem occurred only on live account.
4. Execution: Slow, average 10 sec but during high volatility or news release it's about 30 sec or even more So if you try to open an order with market execution once click buy or sell the server will take a nap until execute this order so you won't get the same price you tried to execute. This problem occurred only on live account.
*How this broker will attract you? The answer with their very low spread and fast withdrawal.
*Be careful and never thing to invest a penny with this broker.