General Information & Regulation
RoboForex was founded in 2009, then became a member of the FSCL, launched a negative balance guarantee service, later added CFD instruments, introduced gold and CNY trading accounts. In 2016, RoboForex started creating a proprietary investment platform with a professional analysis center RAMM, released stock trading, reached a total number of 9,400 tradable instruments, and offered maximum leverage of 1:1200. In 2019 the forex broker's tradable instruments reached 11,700, with global updates for the Android and iOS versions of R webTradery and R MobileTrader, and won more than 20 awards in the financial industry.
Market Instruments
RoboForex offers investors access to tradable instruments, including Forex (over 40 currency pairs), metals (silver and gold) stocks, indices, commodities, crypto-virtual currencies, crypto-virtual currency indices.
Minimum Deposit
To meet different investors' investment needs and experience, RoboForex has set up five different trading accounts: Pro-Standard (minimum deposit of $10/€), Pro-Cent (minimum deposit of $10/€), ECN (minimum deposit of $10/€), Premium (minimum deposit of $10/€) and R Trader (minimum deposit of $100/€).
Leverage
The maximum leverage is 1:2000 for Pro-Standard and Pro-Cent accounts, 1:500 for ECN accounts, and 1:300 for Premium and R Trader accounts.
Spreads & Commissions
The minimum spread for Pro-Cent accounts starts from 1.3 pips, and 1.5% of the company's revenue is rebated. For Pro-Standard accounts, the spread starts from 1.3 pips, and up to 15% of the company's revenue is rebated. For ECN accounts, the minimum spread starts from 0.0 pips, and up to 15% of the company's revenue is rebated. The minimum spread for Premium accounts starts from 0.0 pips, and 5% commission is rebated. In R Trader account, a fee of $0.0045 per share (minimum $0.25) is charged for trading US stocks ($10,000 deposit), and $0.02 per share (minimum $1.50 ) for CFDs on US stocks, 0.07% (minimum €/£2.80 fee) for CFDs on EU stocks, 0.30% (minimum $0.01 ) for cryptocurrency trading, $15 fee per million base currency for forex trading, and indices products featuring floating fee (minimum $1).
Trading Platform
Roboforex offers traders a wide range of high-performance trading software, mainly MT4, MT5, cTrader, R Trader, RoboForex terminal. cTrader is suitable for experienced traders and has 54 technical indicators, 14 timetables, secondary pricing, and rare orders. Moreover, it enables traders to access all financial markets worldwide through a WEB terminal using a familiar web browser.
Deposit & Withdrawal
The main deposit and withdrawal methods supported by Roboforex are Bank Transfer SEPA (supporting EUR, no commission for deposits, 1.5% fee for withdrawals), China UnionPay (supporting CNY, no commission for deposits, 1.5% fee for withdrawals), Skrill (supporting EUR & USD, no commission for deposits, 1% fee for withdrawals), NETELLER (supporting EUR & USD, no deposit fee, 1.5% withdrawal fee), AdvCash (no deposit fee, 1% withdrawal fee), Perfect Money (supporting EUR & USD, no deposit fee, 0.5% withdrawal fee), AstroPay (supporting EUR, USD, AUD, RMB, no deposit fee, 0.5% withdrawal fee) (0.5% fee for withdrawals), VISA/MasterCard/JCB (USD, EUR, CHF, GBP, no deposit fee, 2.6% + 1.3USD/1 EUR fee for withdrawals).
Customer Support
Traders who require assistance can access the support team via the green chat button which is available on each section of the website. Support is available 24/7 and clients may on top write an e-mail, use the webform, call directly or request a callback.
