RoboForex, established in 2013 and headquartered in Belize, is a forex brokerage firm dedicated to offering investors a wide range of financial trading services. By providing diversified trading products and advanced trading platforms, RoboForex aids investors in achieving their investment goals and enhancing their trading experiences.
Company Registration and Regulation Information
As a forex brokerage, RoboForex has its domain registered on October 30, 2006, with the registered entity being RoboForex Ltd. The company's specific registration address is 2118 Guava Street, Belama Phase 1, Belize City, Belize, with a registration number of 000001272. The broker is authorized and regulated by the Belize Financial Services Commission (FSC), with a license number of 000138/437.
Trading Products
RoboForex mainly offers trading products such as stocks, indices, futures, ETFs, soft commodities, energy, metals, and currencies.
- Stocks: Represent ownership in a company, allowing investors to share in the company's profits and risks, with the expectation of capital appreciation through a rise in stock prices.
- Indices: Serve as benchmarks for the overall performance of specific markets or sectors, calculated as the weighted average of a set of related stocks. Investors can engage in index fluctuations through trading index contracts for difference (CFDs) for investment returns.
- Futures: Standardized contracts to buy or sell a certain quantity of a commodity or financial asset at a specified future date and price. The futures market includes a variety of commodities (like agricultural products, metals), energy, and financial assets (such as stock indices, currencies).
- ETFs (Exchange-Traded Funds): Investment tools representing a basket of stocks, bonds, or other assets that can be traded on a stock exchange. Investors gain investment returns from these assets by purchasing ETF shares, similar to stock trading.
- Soft Commodities: Perishable and easily spoilable goods like agricultural products (wheat, corn), coffee, and cotton. Investors can participate in the soft commodities market through futures contracts or contracts for difference for investment returns.
- Energy: Resources that can generate heat or power, such as crude oil, natural gas, and fuels. Investors can benefit from fluctuations in energy prices through futures contracts or contracts for difference.
- Metals: Chemical elements with good electrical and thermal conductivity, like gold, silver, copper, and platinum. Investors can gain investment returns from metal price fluctuations through futures contracts or contracts for difference.
- Currencies: Mediums of exchange used between countries for goods and services, like the US dollar, euro, Japanese yen, and British pound. Investors can earn profits from currency exchange rate fluctuations through the forex market.
Account Registration
To open a RoboForex account, visit the broker's official website, click "Open an account" at the top right corner of the page and enter your personal information as required. After submission, the account is registered successfully and will be directed to the identity verification page, where completing a full identity verification is necessary before depositing funds and commencing trading.
Account Types
RoboForex offers five different types of real trading accounts: Prime Account, ECN Account, R StocksTrader Account, ProCent Account, Pro Account.
Prime Account:
- Trading platforms: MT4, MT5, R StocksTrader
- Base currency of account: USD, EUR, Gold
- Trading instruments: 28 currency pairs, metals, US stock CFDs, index CFDs, oil CFDs, futures CFDs
- Initial minimum deposit: $10/€10
- Trading commission: Charged
- Type of execution: Market execution
- Spread: From 0 pips
- Maximum leverage: 1:300
- Minimum trade volume: 0.01 lots
- Maximum trade volume: 500 lots
- Maximum number of positions: Unlimited
- Minimum price movement: 0.01
- Stop out level: 100%
- Cashback: Up to 10% of commission
- Percentage of account balance: Up to 10%
- Free withdrawal: Yes
- Swap-free accounts: Available
- One-click trading: Available
- Account history: 1 year
ECN Account:
- Trading platforms: MT4, MT5, R StocksTrader
- Base currency of account: USD, EUR, Gold
- Trading instruments: 36 currency pairs, metals, US stock CFDs, index CFDs, oil CFDs, futures CFDs
- Initial minimum deposit: $10/€10
- Trading commission: Charged
- Type of execution: Market execution
- Spread: From 0 pips
- Maximum leverage: 1:500
- Minimum trade volume: 0.01 lots
- Maximum trade volume: 500 lots
- Maximum number of positions for MT4 accounts: Unlimited
- Maximum number of positions for MT5 accounts: 1000
- Maximum active orders for MT5 accounts: 500 lots
- Minimum price movement: 0.01
- Stop out level: 50%
- Cashback: Up to 15% of commission
- Percentage of account balance: Up to 10%
- Free withdrawal: Yes
- Swap-free accounts: Available
- One-click trading: Available
- Account history: 1 year
R StocksTrader Account:
- Trading platform: R StocksTrader
- Base currency of account: USD, EUR
- Trading instruments: Indices, physical stocks, stock CFDs, currencies and ETFs, oil CFDs, metal CFDs, futures CFDs
- Initial minimum deposit: $100
- Trading commission: For US stocks (with a deposit of $10,000 or more), $0.009 per share; for US stocks, $0.025 per share; for US stock CFDs, $0.02 per share; for EU stock CFDs, 0.07%; for currencies, $15 per million base currency; for indices, variable
- Minimum commission: For US stocks (with a deposit of $10,000 or more), $0.5; for US stocks, $2; for US stock CFDs, $2; for EU stock CFDs, €2.8/£2.8/NOK40/SEK40/DKK30; for indices, $1
- Type of execution: Market execution
- Spread: For US stocks (with a deposit of $10,000 or more), from $0.01; for US stocks, from $0.01; for US stock CFDs, from $0.01; for EU stock CFDs, from $0; for currencies, from $0; for indices, from $0.5
- Maximum leverage: For US stocks (with a deposit of $10,000 or more), 1:20; for US stocks, 1:2; for US stock CFDs, 1:20; for EU stock CFDs, 1:5; for currencies, 1:500; for indices, 1:100
- Maximum number of positions: Unlimited
- Minimum price movement: 0.01
- Stop out level: 20%
- Free withdrawal: Yes
- Swap-free accounts: Not provided
ProCent Account:
- Trading platforms: MT4, MT5, R StocksTrader
- Base currency of account: USD, EUR, Gold
- Trading instruments: 36 currency pairs, metals
- Initial minimum deposit: $10/€10
- Trading commission: 0
- Type of execution: Market execution
- Spread: From 1.3 pips
- Maximum leverage: 1:2000
- Minimum trade volume: 0.1 lots
- Maximum trade volume: 1000 lots
- Maximum number of positions for MT4 accounts: 200
- Maximum number of positions for MT5 accounts: 1000
- Maximum active orders for MT5 accounts: 500 lots
- Minimum price movement: 0.01
- Stop out level: 30%
- Cashback: Up to 1.5% of company trading revenue
- Percentage of account balance: Up to 10%
- Free withdrawal: Yes
- Swap-free accounts: Not provided
- One-click trading: Available
- Account history: 1 month
Pro Account:
- Trading platforms: MT4, MT5, R StocksTrader
- Base currency of account: USD, EUR, Gold
- Trading instruments: 36 currency pairs, metals, US stock CFDs, index CFDs, oil CFDs, futures CFDs
- Initial minimum deposit: $10/€10
- Trading commission: 0
- Type of execution: Market execution
- Spread: From 1.3 pips
- Maximum leverage: 1:2000
- Minimum trade volume: 0.01 lots
- Maximum trade volume: 500 lots
- Maximum number of positions for MT4 accounts: Unlimited
- Maximum number of positions for MT5 accounts: 1000
- Maximum active orders for MT5 accounts: 500 lots
- Minimum price movement: 0.01
- Stop out level: 40%
- Cashback: Up to 15% of company trading revenue
- Percentage of account balance: Up to 10%
- Free withdrawal: Yes
- Swap-free accounts: Not provided
- One-click trading: Available
- Account history: 1 year
Trading Platforms
RoboForex provides MT4, MT5, and its proprietary R StocksTrader trading platforms to users.
- MT4 is a powerful forex trading platform suitable for technical analysis, supporting various order types and automated trading.
- MT5 is an upgraded version of MT4, offering additional functionalities and supporting multiple markets, including stocks and futures.
- R StocksTrader is software designed specifically for stock trading, providing stock market analysis tools and order types. MT4 and MT5 are mainstream platforms, while R StocksTrader is tailored for stock trading.
Deposit and Withdrawal Methods
RoboForex supports deposit and withdrawal methods including local bank transfers, bank cards, AstroPay, Skrill, Neteller, Perfect Money, STICPAY, and more.
Customer Support
RoboForex offers various contact options, including phone support and online chat. Traders can contact the customer support team via the phone number +593 964 256 286 for direct and immediate assistance.
Conclusion
Founded in 2009 and headquartered in Belize, RoboForex is a professional forex brokerage committed to providing investors with a diverse range of financial trading services. RoboForex offers various trading products and assists investors in achieving their investment goals through advanced trading platforms. The account registration process at RoboForex is straightforward and convenient. Users can choose from different types of real trading accounts that suit their needs, including MT4, MT5, and R StocksTrader trading platforms to cater to different investors' preferences. In terms of deposits and withdrawals, RoboForex supports multiple methods, providing a convenient trading experience for users.
Currently, Roboforex is marked as "Active" on TraderKnows.
