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RoboForex Review: Is RoboForex a Safe Broker for Your Trading?

RoboForex is an STP/ECN forex and CFD broker based in New Zealand, founded in 2010. Regulated by the Belize IFSC through the license number IFSC/60/271/TS/17. This RoboForex review explains its regulation, trading costs, account types, payment methods and bonuses in plain words, so you can decide quickly if it fits your trading.

★ Broker reviewMT4 / MT5 and cTrader... STP/ECN ✓ Regulated

RoboForex at a Glance

A regulated forex and CFD broker with a $10 minimum deposit, spreads from 0.1, leverage up to 1:500 and MT4 / MT5 and cTrader trading platforms platforms. Hedging, scalping and news trading allowed.

Foundation year
2010
Regulation
Regulated by the Belize IFSC through the license number IFSC/60/271/TS/17
Headquarters
2118 Guava Street, Belama Phase 1, Belize City, Belize
Promotion
$30 Free Welcome Bonus
ForexAllBonus score5.0/5★★★★★ Editor rating
Min. deposit
$10
Max leverage
1:500
Spreads from
0.1

Trading CFDs carries a high risk of losing money.

RoboForex Broker Overview

By ForexAllBonus Editorial Team· 8 min read· Fact-checked against broker data

Here is every key fact about RoboForex in one table — regulation, contact details, deposit rules, leverage, spreads, platforms and account features.

RoboForex key facts
FeatureRoboForex
Broker nameRoboForex
Foundation year2010
Headquarters2118 Guava Street, Belama Phase 1, Belize City, Belize
CountryNew Zealand
Telephone+64 92 148 139
Email / Skypeinfo@roboforex.com Skype: roboforex.com
Regulated byRegulated by the Belize IFSC through the license number IFSC/60/271/TS/17
Type of brokerSTP/ECN
Min. deposit$10
Max leverage1:500
Min. spreads0.1
Funding methodsWire Transfer, Credit Card, China UnionPay, FasaPay, Neteller, PayPal, QIWI, Skrill, Webmoney
Withdrawal methodsWire Transfer, Credit Card, China UnionPay, FasaPay, Neteller, PayPal, QIWI, Skrill, Webmoney
Base currenciesUSD
LanguagesEnglish, Arabic, Chinese, French, German, Indonesian, Italian, Lithuanian, Polish, Portuguese, Russian, Spanish, Ukrainian
Trading platformsMetaTrader4, MetaTrader5 and cTrader trading platforms
Tradable instrumentsFutures, Commodities, Stocks, CFDs, Indices, Shares, Forex, Equities, Cryptocurrencies
Web trading✓ Yes
Mobile trading✓ Yes
News trading✓ Yes
Hedging & scalping✓ Yes
Free demo account✓ Yes
Mini accounts✓ Yes
VIP accounts✓ Yes
Managed accounts✓ Yes
Segregated accounts✓ Yes
Islamic accounts✓ Yes
Swap free accounts✓ Yes
No deposit bonus$30 Free Welcome Bonus
Promotion$30 Free Welcome Bonus

In simple words: traders get MetaTrader4 and MetaTrader5 and cTrader trading platforms, spreads from 0.1, leverage up to 1:500 and a $10 minimum deposit. New clients can also check the current $30 Free Welcome Bonus. Tradable markets include Futures, Commodities, Stocks, CFDs, Indices, Shares, Forex, Equities, Cryptocurrencies.

Is RoboForex Safe? Regulation and Company Details

RoboForex is a regulated broker. Regulated by the Belize IFSC through the license number IFSC/60/271/TS/17. The broker says client money is kept in segregated accounts, separate from company funds.

RG

Regulation

Regulated by the Belize IFSC through the license number IFSC/60/271/TS/17

HQ

Head office

2118 Guava Street, Belama Phase 1, Belize City, Belize (New Zealand)

SF

Client funds

Client money is held in segregated accounts, apart from company funds.

YR

Track record

In business since 2010. Support is reachable by phone and email.

Tip: Always check the licence number on the regulator's own website. Offshore regulators do not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC, which is why leverage here can reach 1:500.

RoboForex Trading Conditions

Spreads and commissions

RoboForex spreads start from 0.1. Raw-spread style accounts usually charge a small commission per lot, while commission-free accounts have wider spreads. If you trade often or scalp, the raw option is usually cheaper.

Leverage

Maximum leverage reaches 1:500, depending on the account type and the instrument you trade. High leverage lets you open bigger positions with less margin, but losses grow just as fast.

Trading platforms

MetaTrader4

Desktop platform

MetaTrader5 and cTrader trading platforms

Desktop platform

Trading styles allowed

Hedging, scalping and news trading are allowed — good news for short-term traders. Web and mobile trading are available.

RoboForex trading platform

RoboForex Account Types

RoboForex offers several account options so both beginners and experienced traders can find a fit. Live accounts start from a $10 deposit.

Free demo account

Practise with virtual money and test strategies risk-free.

Mini accounts

Smaller trade sizes and a low entry cost for beginners.

VIP accounts

Tighter pricing and priority service for larger balances.

Managed accounts

Let a strategy provider or money manager trade for you.

Segregated accounts

Client funds are kept apart from company money.

Islamic / swap-free

No overnight swap charges, in line with Sharia principles.

You can open accounts in these base currencies: USD. Choosing the currency you spend in helps you avoid conversion fees.

RoboForex account types

Deposits and Withdrawals at RoboForex

RoboForex supports the same methods for funding and withdrawals. Withdrawals normally go back to the method you used to deposit.

  • Wire Transfer
  • Credit Card
  • China UnionPay
  • FasaPay
  • Neteller
  • PayPal
  • QIWI
  • Skrill
  • Webmoney

E-wallets are usually the fastest. Bank wires take longer and your bank may charge a fee. Finish identity verification (KYC) early so your first withdrawal is not delayed.

RoboForex Bonus and Promotions

Bonuses are a big reason traders search for RoboForex. Availability depends on your country and the account type.

  • $30 Free Welcome Bonus — the current promotion for RoboForex clients. Check the volume rules before you claim it.

How bonus credit really works

  • Bonus credit is used as margin; it usually cannot be withdrawn directly.
  • Profits made with the bonus are yours, but a minimum trading volume often applies first.
  • Withdrawing money early can remove part or all of the bonus.
  • Bonuses are not offered in every country or on every account type.

Bonus terms change often. Always read the latest rules on the official RoboForex website before accepting any offer.

RoboForex Pros and Cons

Pros

  • Regulated by the Belize IFSC through the license number IFSC/60/271/TS...
  • $30 Free Welcome Bonus
  • Low $10 minimum deposit
  • Spreads from 0.1, STP/ECN execution
  • MetaTrader4 and MetaTrader5 and cTrader trading platforms
  • Hedging and scalping allowed
  • Islamic, mini, VIP and managed accounts

Cons

  • Bonus comes with trading-volume rules

How to Open a RoboForex Account

  1. RegisterFill in your name, email, country and phone number on the RoboForex sign-up page.
  2. Verify your identityUpload a photo ID and a proof of address (utility bill or bank statement).
  3. Choose an accountPick the account type, base currency, leverage and platform (MT4 / MT5 and cTrader trading platforms).
  4. Fund and tradeDeposit from $10 with your preferred method, claim any eligible bonus, then log in and start trading.

About RoboForex

RoboForex Ltd is an international broker regulated by the FSC, license No. 000138/333, reg. number 128.572. Address: 2118 Guava Street, Belama Phase 1, Belize City, Belize.

The paying agent for VISA/MasterCard is GuruHosting Ltd (registration number is HE 310211, the legal address is Dimitriou Nikolaou 4, Office 101, Mesa Geitonia, 4006, Limassol, Cyprus), RoboGate Limited (registration number is 112864, the legal address is 186 Main Street, PO Box 453, Gibraltar GX11 1AA, Gibraltar), and PROCESSONIX LIMITED, (registration number is 7744297, the legal address is 2 Morgan Street, Newmarket, Auckland, 1023, NZ).

Risk Warning: There is a high level of risk involved when trading leveraged products such as Forex/CFDs. 58.42% of retail investor accounts lose money when trading CFDs with this provider. You should not risk more than you can afford to lose, it is possible that you may lose the entire amount of your account balance. You should not trade or invest unless you fully understand the true extent of your exposure to the risk of loss.

When trading or investing, you must always take into consideration the level of your experience. Copy-trading services imply additional risks to your investment due to nature of such products. If the risks involved seem unclear to you, please apply to an outside specialist for an independent advice. RoboForex Ltd and its affiliates do not target EU/EEA/UK clients. The marketing material on this website is not intended for UK residents. The advertisements of RoboForex Ltd are not intended for Malaysian residents.

RoboForex Ltd and it affiliates don't work on the territory of the USA, Canada, Japan, Australia, Bonaire, Curaçao, East Timor, Indonesia, Iran, Liberia, Saipan, Russia, Sint Eustatius, Tahiti, Turkey, Guinea-Bissau, Micronesia, Northern Mariana Islands, Svalbard and Jan Mayen, South Sudan, and other restricted countries.

RoboForex Review: key facts

RoboForex is a STP/ECN broker, established in 2010, based in New Zealand. It is regulated by Regulated by the Belize IFSC through the license number IFSC/60/271/TS/17. Trading conditions at RoboForex include a minimum deposit of 10, leverage up to 1:500, spreads from 0.1.

Clients can trade on MetaTrader4, MetaTrader5 and cTrader trading platforms, in the web browser and on mobile. Available markets: Futures, Commodities, Stocks, CFDs, Indices, Shares, Forex, Equities, Cryptocurrencies. Account base currencies: USD.

RoboForex offers a free demo account, Islamic accounts, swap-free accounts, mini accounts, VIP accounts, managed accounts and segregated client accounts. Trading rules: hedging and scalping are allowed, news trading is allowed. Deposits can be made by Wire Transfer, Credit Card, China UnionPay, FasaPay, Neteller, PayPal, QIWI, Skrill, Webmoney and More.

Withdrawals are available via Wire Transfer, Credit Card, China UnionPay, FasaPay, Neteller, PayPal, QIWI, Skrill, Webmoney and More. Current offers — welcome bonus: $30 Free Welcome Bonus; no deposit bonus: $30 Free Welcome Bonus; other promotions: $30 Free Welcome Bonus. Bonus terms can change, so always check the conditions before you deposit. The website is available in English, Arabic, Chinese, French, German, Indonesian, Italian, Lithuanian, Polish, Portuguese, Russian, Spanish, Ukrainian.

RoboForex FAQ

Is RoboForex regulated?

Yes. RoboForex is regulated by Regulated by the Belize IFSC through the license number IFSC/60/271/TS/17.

What is the minimum deposit at RoboForex?

The minimum deposit at RoboForex is 10.

What is the maximum leverage at RoboForex?

RoboForex offers leverage up to 1:500. Leverage may be lower depending on your country and account type.

What are the spreads at RoboForex?

Spreads at RoboForex start from 0.1.

Which trading platforms does RoboForex offer?

RoboForex offers MetaTrader4, MetaTrader5 and cTrader trading platforms.

Does RoboForex offer an Islamic (swap-free) account?

Yes, RoboForex offers Islamic swap-free accounts.

Does RoboForex have a demo account?

Yes, RoboForex offers a free demo account.

How can I deposit money with RoboForex?

RoboForex accepts Wire Transfer, Credit Card, China UnionPay, FasaPay, Neteller, PayPal, QIWI, Skrill, Webmoney and More.

When was RoboForex founded?

RoboForex was established in 2010 and is based in New Zealand.

How do I withdraw money from RoboForex?

Withdrawals at RoboForex are possible via Wire Transfer, Credit Card, China UnionPay, FasaPay, Neteller, PayPal, QIWI, Skrill, Webmoney and More.

Official website: RoboForex

Risk warning: Leveraged products such as forex and CFDs may not suit all investors and carry a high risk to your capital. Make sure you understand the risks, consider your goals and experience, and seek independent advice if needed.

Final Verdict: Should You Choose RoboForex?

RoboForex earns 5.0/5 — a $10 entry cost, MT4 / MT5 and cTrader trading platforms platforms and a track record since 2010.

RoboForex suits traders who understand the risks of leveraged CFD trading. Start small, test a withdrawal early and use sensible leverage.

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