RoboForex Review 2021
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| RoboForex is a multi-asset online broker offering powerful trading aides. | ||
RoboForex is a multiple award-winning broker that offers traders Forex, CFDs, indices, shares, commodities, cryptocurrencies, cryptoindices, ETFs. Traders that like the MetaTrader platforms can choose between both the MetaTrader4 and MetaTrader5 platforms at RoboForex.
Cryptocurrency traders have a very decent number of coins to trade at RoboForex, 7 in fact: BTC, ETH, XRP, LTC, DSH, BCH and EOC.
RoboForex is regulated, but not by the FCA here in the UK. While this is not necessarily an issue, very careful traders might want the extra safety of using an FCA-regulated broker.
RoboForex Summary
RoboForex is a multi-asset online broker offering powerful trading aides.
Ratings
| Bonus | None |
|---|---|
| Instruments | Forex, CFDs, indices, shares, commodities, cryptocurrencies, cryptoindices, ETFs |
| Demo Account | ✓ |
| Min. Deposit | $10 |
| Min. Trade | 0.01 lots |
| Regulated By | IFSC |
| MetaTrader 4 | ✓ |
| MetaTrader 5 | ✓ |
| cTrader | ✓ |
| DMA Account | ✗ |
| ECN Account | ✓ |
| Mobile Apps | ✓ |
| Auto Trading | ✓ |
| Trade Signals | ✓ |
| Social Trading | ✓ |
| Copy Trading | ✓ |
| Islamic Account | ✓ |
CFD Trading
Trade CFDs with up to 1:2000 leverage.
| Leverage | 1:2000 |
|---|---|
| FTSE Spread | N/A |
| GBPUSD Spread | 2 |
| Oil Spread | 5.2 |
| Stocks Spread | From 0.1 |
Forex Trading
Trade FX with high leverage levels.
| GBPUSD Spread | 2 |
|---|---|
| EURUSD Spread | 1.4 |
| EURGBP Spread | 1.6 |
| Assets | 40+ |
Cryptocurrency Trading
Trade crypto coins against the USD and EUR.
| Spread | Variable |
|---|---|
| Coins | BTC, ETH, XRP, LTC, DSH, BCH, EOC |
Payment Methods
RoboForex accepts the following payment methods:
- Visa
- iDeal
- Trustly
- Neteller
- Skrill
- Webmoney
- Giropay
- Sofort
- Yandex Money
- QIWI
- Wire Transfer
- FasaPay
- Rapid Transfer
- Alipay
- POLi
- Perfect Money
- MoneyGram
- Cashu
- Bitcoin Payments
- SafeCharge
Awards
RoboForex is a multiple award-winning broker, with 6 awards received so far.
- Best Global Mobile Trading App 2020 - Global Forex Awards B2B
- Best Broker of the CIS 2019 - IAFT Awards
- Best Investment Platform 2019 - IAFT Awards
- Best Educational Forex-Center CIS 2019 - IAFT Awards
- Best Stock Broker Asia 2019 - International Business Magazine Awards
- Best Investment Products 2019 - Global Brands Magazine
FAQ
Is RoboForex Safe?
Yes, most likely, as we gave RoboForex a trust score of 50% in our review. The main negative factor in this score is that RoboForex is not FCA regulated. However, very careful traders might want to find an alternative in our top list of UK brokers.
Does RoboForex Accept PayPal?
No, RoboForex does not accept PayPal payments.
Is RoboForex Halal?
Yes, RoboForex does offer an Islamic trading account and should thus be Halal to trade with.
What trading platforms does RoboForex support?
With RoboForex you can trade on 3 different platforms: MetaTrader 4, MetaTrader 5 and cTrader.
Is RoboForex Regulated?
Yes, RoboForex is regulated by IFSC.
The fact that RoboForex is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for options.
RoboForex vs Other Brokers
If you want to compare RoboForex with other brokers, use the detailed comparisons below.
- 24Option vs RoboForex
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- RoboForex vs CoinMama
- RoboForex vs Trading212
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| RoboForex is a multi-asset online broker offering powerful trading aides. | ||