Overall Rating: ★★★☆☆ (3.6/5.0)

RoboForex is a global forex and CFD broker offering a wide range of trading instruments, including forex, stocks, commodities, cryptocurrencies, and indices. Founded in 2009, RoboForex provides high leverage, advanced trading platforms, and competitive spreads. With its CySEC regulation, the broker targets both retail traders and professional investors. RoboForex offers access to MetaTrader 4 (MT4), MetaTrader 5 (MT5), and RoboForex’s proprietary platforms like R Trader. However, despite its strong offerings, RoboForex has been criticized for its withdrawal fees and limited educational resources.

This review will explore RoboForex’s platform features, regulation, pricing, and overall suitability for traders in 2025.

Key Features

RoboForex provides a well-rounded trading experience with multiple platform choices and access to a wide range of markets.

• Trading Platforms:
  • MetaTrader 4 (MT4)
  • MetaTrader 5 (MT5)
  • R Trader (Proprietary platform for advanced traders)
• Markets Offered:
  • Forex, stocks, indices, commodities, and cryptocurrencies
  • Over 12,000+ instruments
• Account Types:
  • Pro Standard, Pro ECN, Prime, R Trader, Islamic accounts
• Leverage:
  • Up to 1:2000 (depending on account type)
  • Up to 1:30 for EU retail clients
• Minimum Deposit:
  • $10 (for Standard accounts)
• Funding Methods:
  • Bank transfer, credit/debit cards, Skrill, Neteller, Bitcoin, WebMoney

Regulation and Security

RoboForex is regulated by CySEC for its European operations, offering more security than many offshore brokers.

• CySEC-regulated (Cyprus Securities and Exchange Commission) – Licence No. 191/13
• MiFID II compliant for all EU operations
• Segregated client funds held in Tier-1 banks
• Investor compensation fund (ICF) coverage of up to €20,000
• Negative balance protection for EU retail clients
• Highly secure platform with advanced encryption protocols

Pricing and Costs

RoboForex offers competitive spreads and low commissions for high-volume traders, especially on its ECN and Prime accounts.

• Spreads:
  • From 0.0 pips (Pro ECN and Prime accounts)
  • From 1.3 pips (Standard account)
• Commission:
  • $15 per lot round-turn (Pro ECN and Prime accounts)
• Deposit/Withdrawal Fees:
  • Free for most methods, but Bitcoin withdrawals have a fee
  • Inactivity fee of $10/month after 180 days of no activity
• Withdrawal Speed:
  • Up to 24 hours for e-wallets

Educational Resources and Customer Support

RoboForex offers basic educational resources, but some users find the materials lacking for advanced traders.

• Education:
  • Video tutorials, platform guides, and trading courses
  • Webinars for market analysis and trading strategies
• Market Analysis:
  • Daily market analysis, economic calendar, and trading signals
  • Limited technical analysis and news updates
• Customer Support:
  • 24/7 live chat, email, and phone support
  • Multilingual support
  • High-quality, professional service

Risk Management Tools

RoboForex provides standard risk management tools, with advanced margin protection available for professional traders.

• Stop-loss, take-profit, and trailing stop orders
• Guaranteed stop-loss orders (GSLOs) available for some account types
• Negative balance protection (EU retail clients)
• Advanced margin controls for professional accounts
• No margin alerts or custom risk management tools on basic accounts

Pros and Cons

Pros

• CySEC-regulated with strong investor protection
• Multiple platform options, including MT4, MT5, and R Trader
• Up to 1:2000 leverage and low spreads for pro traders
• Low minimum deposit
• Competitive fees and commission for high-volume traders
• High-quality customer support available 24/7

Cons

• Limited educational resources for advanced traders
• Inactivity fee of $10 per month after 180 days of no activity
• Withdrawal fees for certain methods (Bitcoin)
• No GSLOs or margin alerts for basic accounts
• Higher spreads on standard accounts

Conclusion: Is RoboForex the Right Choice?

RoboForex is a solid choice for experienced traders, especially those who require high leverage and low commissions. Its CySEC regulation, multiple platform options, and competitive spreads make it a good option for traders who seek flexibility and a wide range of instruments. However, the lack of advanced educational content and inactivity fees may deter less experienced traders. For retail traders, consider AvaTrade or Pepperstone for a better balance of features, support, and educational resources.