RoboForex in 30 seconds
RoboForex is an independent STP/ECN forex broker founded in 2010. Its main selling points are a $200 minimum deposit, spreads from 0.3 pips on EUR/USD and leverage up to 1:1000 on MT4 & MT5.
It suits cost-sensitive traders, scalpers and Expert Advisor users. The trade-off is no listed regulation, so it is best used with money you can afford to put at higher counterparty risk.
Broker Information
Company details, support channels and the languages the RoboForex website supports.
| Headquarter | 2118 Guava Street, Belama Phase 1, Belize City, Belize --- Regulated by the Belize IFSC through the license number IFSC/60/271/TS/17 |
|---|---|
| Broker Type | STP/ECN |
| Broker Status | Independent Broker |
| Accept U.S Clients | No |
| Live Chat | Yes |
| Phone | +64 92 148 139 |
| Phone | +64 92 148 139 |
| Email/Skype: info@roboforex.com Skype: roboforex.com | |
| Website Languages |
Account Information
What you need to open an account, which currencies you can hold, and how you can fund it.
| Free Demo Account | Yes |
|---|---|
| Min. Deposit | $200 |
| ECN account | Yes |
| Account Currencies | USD |
| Maximum Leverage | 1:1000 |
| Minimal Order Volume | 0.01 |
| Segregated accounts | Yes |
| Swap-free Accounts | Yes |
| MAM/PAMM accounts | No |
| Managed account | No |
| Interest on margin | No |
| Deposit/ Withdraw Options |
Trading Terms
Platforms, pricing, permitted strategies and the markets you can trade with RoboForex.
| Trading Platforms | |
|---|---|
| Precision pricing | 5 digits |
| Type of Spread | Floating tight Spreads |
| Commission | Yes |
| Lowest spread on EURUSD | 0.3 pips |
| Scalping | Yes |
| Hedging | Yes |
| Expert Advisors | Yes |
| One-click execution | Yes |
| OCO orders | Yes |
| Mobile Trading | Yes |
| Web Trading | Yes |
| Gold, Silver | Yes |
| CFDs | Yes |
| Other Trading Instruments | Yes |
| Promotion | $30 Free Bonus 60% Welcome Bonus and 120% Classic Deposit Bonus |
| Trading Contests | Yes |
RoboForex Pros and Cons
What we like
- Spreads from 0.3 pips on EUR/USD
- Both MT4 and MT5 on desktop, web and mobile
- Scalping, hedging and Expert Advisors allowed
- Swap-free accounts
- Website and support in 13 languages
- Free demo account to practise first
What to watch
- No regulation listed in our profile
- Leverage up to 1:1000 can wipe out small accounts fast
- Does not accept U.S. residents
Is RoboForex Safe and Regulated?
Our profile does not list a regulator for RoboForex. Unregulated brokers are not supervised by a financial authority, so there is little you can do if a withdrawal is refused. Trade only small amounts and withdraw profits often.
How to keep your risk low
- Start with the free demo account, then fund a small live account.
- Withdraw profits regularly instead of building a large balance at one broker.
- Use leverage of 1:100 or lower until you have a tested strategy.
How to Open an RoboForex Account
Register
Click Open Live Account and sign up with your name, email and phone number.
Verify
Upload an ID document and proof of address to complete KYC verification.
Choose a platform
Pick MT4 or MT5, your account currency (USD) and your leverage.
Fund & trade
Deposit from $200 with a card, e-wallet or bank wire, then log in and place your first trade.
RoboForex Bonus and Promotions
Our listing records $30 Free Bonus 60% Welcome Bonus and 120% Classic Deposit Bonus and regular trading contests at RoboForex. Bonuses usually come with trading-volume conditions and cannot always be withdrawn, and promotions change often — always read the current terms on the broker's site first.
Looking for free credit without depositing? See our updated forex no deposit bonus list or the latest forex deposit bonus offers.
Who Is RoboForex Best For?
Scalpers & EA users
Spreads from 0.3 pips and full Expert Advisor support suit fast strategies.
Islamic traders
Swap-free accounts remove overnight interest charges.
Beginners
A free demo account lets you practise with no risk.
RoboForex vs Similar Brokers
How RoboForex compares with other featured brokers on ForexAllNews.
RoboForex FAQ
What is the RoboForex minimum deposit?
The listed minimum deposit is $200.
What is the maximum leverage at RoboForex?
RoboForex offers leverage of up to 1:1000. High leverage magnifies both profits and losses, so beginners should use a much lower ratio.
Which trading platforms does RoboForex offer?
MetaTrader4, MetaTrader5, cTrader, MT4 WebTerminal, MT4 Android, MT4 iPhone Trader, MT4 iPad Trader, MT4 MultiTerminal, WebTrader.
Does RoboForex accept US clients?
No. RoboForex does not accept clients from the United States.
Does RoboForex allow scalping, hedging and Expert Advisors?
Scalping: allowed. Hedging: allowed. Expert Advisors: allowed.
Does RoboForex offer swap-free Islamic accounts?
Yes. Swap-free accounts are available for traders who cannot pay or receive overnight interest.
Does RoboForex have a bonus?
Our listing records the promotion "$30 Free Bonus 60% Welcome Bonus and 120% Classic Deposit Bonus" and trading contests. Bonus offers change often, so always check the current terms on the RoboForex website before depositing.
Risk warning: Forex and CFD trading with leverage carries a high level of risk and may not be suitable for all investors. You could lose more than your initial deposit. Broker details on this page come from our listing and may change — confirm all conditions on the official RoboForex website before trading.