RoboForex Review 2024 (2024)

Thadeus Geodfrey

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Meet Thadeus, a trading guru, brilliant writer, and financial fanatic with years of expertise in the industry. Get ready to learn from his wealth of knowledge.

Article was updated: August 6, 2024

Estimated reading time: 2 minutes

RoboForex offers an excellent range of trading software or platforms for traders. For fast, automated trading and tight competitive spreads, RoboForex is your number one broker.

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RoboForex is much more than a trading platform. It is an asset for any investor seeking a simple and effective trading partner.

Once you open up your RoboForex account, you can trade in EUR, USD, and Gold.

Following hours of trading on the site, we can affirm that the trading tools on RoboForex are easy to use. Here are the other details that we found out.

RoboForex – Who Are They?

RoboForex was launched in 2009 and has its headquarters in Belize. It offers a wide range of trading solutions to enable traders of all skill levels to use the site efficiently. This site is easily accessible on multiple devices including PCs, and iOS mobile devices.

There are more than 10,000 users and traders on RoboForex. This is because it makes forex and CFD trading simple for both individual and retail investors. Traders will also find more than 100 tradable assets on Forex and CFDs.

RoboForex has a reputation of being safe for traders. It is well regulated, and there is no manipulation of market prices. However, depending on the results of trade, losses may at times exceed the invested amount.

Type	Fee
Deposit Fee	$0
Withdrawal Fee	$0
Inactivity Fee	No

Account Type	Minimum Deposit
ProCent, Pro, Prime, and ECN	10 USD / 10 EUR or equivalent in the account currency
R StocksTrader	100 USD / 100 EUR

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Our Opinion About RoboForex

As we explored RoboForex, several features stood out to our team of expert traders. These include research-backed analysis, the virtual portfolio, advanced financial chart comparison tools, and trailing stops.

Traders around the world can easily access RoboForex as it is available in more than 193 countries. This trading platform has won numerous awards, including Best Global Forex in 2019.

There are no fees for making a deposit. However, for withdrawals, there are fees applicable. The charges for withdrawals depend on the payment method selected. There are no inactivity fees when you take a break from trading.

Make use of the brilliant tools available like trading history. This will allow you to look back up to 1 year and build up your strategy while developing new trading ideas.

FAQs

Can RoboForex be trusted?

Yes. RoboForex is a regulated broker that has been operating in the financial markets for over 10 years. It also has received positive feedback from most users, proving it is credible and trustworthy.

How long does RoboForex withdrawal take?

Withdrawal processing time at RoboForex can vary depending on the payment method used. Overall, information on the broker’s website state that withdrawals take up to 2 business days.

Is RoboForex Legit?

Absolutely. RoboForex is a legit forex and CFD broker licensed and regulated in Belize. It has been operating since 2009 and has a good reputation among its clients.

Does RoboForex have an app?

Yes. RoboForex has a Mobile Trader app available for Android and iOS users. With the app, you can easily access your trading account and manage your positions on the go.

What are the different accounts in RoboForex?

RoboForex offers a range of trading accounts that cater to different users’ trading styles and experience levels. These include the ProCent account, ECN account, Prime account, R Stock Trader account, and Pro account. Note that each account has its own features and benefits, and traders can choose the one that best suits their needs.

Thadeus Geodfrey

Is a regular dad trying to be smart about how we play and win in this big game of life. He has worked within the very best of the financial industry producing numerous training resources. He is an experienced copywriter with immense financial background. Now earns a full time living as a Trader, and as our writer.

His articles help everyday families build sustainable wealth, stop stressing about their financial security, and start living the life they’ve always wanted.
If he is not trading or writing, he is at the gym.