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RoboForex Review

RoboForex is a New Zealand based and registered forex broker offering currency trading services on worldwide financial markets. The broker is headquartered in Auckland, New Zealand. Besides New Zealand the company has representative offices and sales centers in several other countries including Russian Federation, Hong Kong, Thailand, Indonesia and many others. The broker’s services are regulated CySEC, NZCA. Moreover, the company is a member of the Financial Services Complaints Ltd. and is registered as an investment services provider in the Financial Service Provider Register New Zealand.

RoboForex offers its customers a wide range of account types including Fix-Cent, Fix-Standard, Pro-Cent, Pro-Standard, Pro-ECN, ECN-Fix and NDD. The standard accounts start from $50, the ECN and NDD – from $1000. The leverage starts from 10:1 and reaches up to 500:1 with low, tight spreads ranging from 0 to 3 pips. Depending on the amount of the deposit there is an interest charge on the balance ranging from 3.0% to 3.5% annually. For customers having deposits over $300 RoboForex offers free VPS service.

Besides trading currency pairs the broker offers its customers over 200 trading tools, such as precious metals, energies, commodities, indexes and stocks. The broker’s trading platforms are MetaTrader 4, MetaTrader 5 and cTrader. All the platforms allow to  trade all available trading tools from the same terminal.

RoboForex — Forex Boker information

RoboForex
Status No status
Broker type Broker, NDD, STP
Traders reviews 2 Reviews
Foundation 2009
Regulation NZCA, CySEC
License NZCA registration number 2538375
Languages English, Russian
Support phone +64 9 889 4060
Address Level 3, 13 O'Connell St, Auckland, 1010, New Zealand
Offices in Egypt, Hong Kong, Indonesia, Latvia, Malaysia, Moldova, Republic of New Zealand, Romania, Russian Federation, Taiwan, Thailand
Headquartered in Auckland

Forex Trading information

Accepts US traders No
Trading conditions Min. deposit: $10
Leverage: from 1:10 to 1:500
Commissions: 0
Free trial: Yes
Pip Spread on Majors: from 0
Trading platforms MetaTrader 4/5, cTrader
Other trading instruments Metals, Energy, Commodities, Indexes, Shares
Leverage 500:1
Pip spread on majors 0-3
Minimum position size 0.001
Digits after the dot in quotes 4
Spread Type Variable
Min. spread 0
Margin call level, % 40
Stop-out level, % 10
Minimum distance to stop/limit orders, pips 2
Guaranteed stop loss Yes
Guaranteed limit orders Yes
VPS for traders Free for deposits greater than $300
Rebates per 1 standard lot, $ 3
24 hour trading Yes
24 hour support Yes
Mobile trading Yes
Trading by phone No
Automated trading Yes
One-click trading Yes
Hedging Yes
Scalping Yes
Swaps Yes
Pending orders Yes

Forex Account information

Payment methods Credit Cards, Wire Transfer, Moneybookers, LibertyReserve, WebMoney
Account currencies EUR, USD, GBP, AUD, CHF, JPY, CAD
Mini account, $ 10
Standard account, $ 50
ECN account, $ 1000
PAMM No
Institutional accounts Yes
1st deposit bonus No
Commissions No
Demo account Yes
Bonuses, Promotions Yes
Forex contests, competitions Yes
Free education Yes
Daily analysis Yes
Expert advisors Yes
Trading Signals Yes
Partnership programs Yes
Affiliate program Yes
Trust management Yes
Personal manager No
Managed accounts Yes
Segregated accounts No
Interest charges on the balance Yes
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2 reviews on RoboForex

  1. i am here to discuss about a broker robofx.My Robofx Account number is 5161813 .. this broker is worst broker i have seen they have eaten my profit and my own investment as well
    i deposit 3k and i earned 6k
    but now this broker is not giving me not my profit nor my deposit back
    .. its been few days now and i am still waiting for withdrawal .. this sluggish and dishonest broker transfered my funds in someone else account and now saying that we cant do anything .. even they dont have any regulation so i can claim my funds back .. i have never seen this kind of bad brokrage .. they have eaten my funds in front of me and now they are just giving me lame excuses .
    the thing is i cant do anything i dont know where to go and have my funds back .. i am writing here for other peoples .please do not conduct business with robo forex this broker is scam broker they just want deposit they wont give any withdrawal if you r making money with them

    • Dear Masood Hussain.

      The funds were transferred to your account 2774725. This info can always be found in the commentary of the balance operation.
      Please avoid spreading false and misleading statements about the company.

      Sincerely, RoboForex

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