Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
RoboForex Pros & Cons
- Availability of favorable trading conditions and a minimum deposit
- Unique Copy Trading service
- Highest affiliate payments: up to 84% of the fee paid by the referral
- "Withdrawal without Commission" program
- Market launch - STP and ECN
- Instant withdrawal of funds
- Minimum deposit - $10
- A small number of currency pairs - 40, for accounts: Pro, Pro-Cent, ECN
TU Expert Verdict
I can confidently recommend RoboForex — it is a highly trusted company that I have personally tested and verified. Its trading conditions and user feedback show that most traders are satisfied, and my own experience confirms its solid and consistently reliable performance.
Top-5 Brokers Traders Prefer
RoboForex User Reviews
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5-star
53%
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4-star
30%
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3-star
16%
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2-star
1%
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1-star
0%
To my best observation it has no weakness
Reliable, Fast Support, and Honest Withdrawals
When I was choosing a broker, I paid close attention to user reviews — especially those related to withdrawals. Like many others, I was a bit worried at first, thinking there might be delays or complications. But after several months of active trading with RoboForex, I can confidently say everything has been working smoothly for me.
Speaking from personal experience, I recently tested a withdrawal to my bank card — the funds arrived in about 12 hours, which is perfectly acceptable. For comparison, with other brokers, I’ve had to wait 2–3 days. I also tried Binance Pay, and that was even faster — the money showed up in just about an hour to an hour and a half. Super convenient, especially when you want to quickly transfer your profits.
The verification process is standard — you need to submit your passport and proof of address. I completed it in a single day. And yes, you won’t be able to withdraw funds until you’re verified.
So far there is none.
I want to give a shout-out to RoboForex for their honesty. I've been trading with them for several years now, and everything is always transparent.
For example, recently, before the US inflation data release, I opened a trade on EUR/USD. I knew in advance that the spread could temporarily widen during the news — and it did, but this was clearly stated in the terms, so there were no surprises. As for crypto pairs, like BTC/USD, I always see the current swap rate in the terminal before holding a position overnight. Yes, it gets charged — but that's standard practice, and everything here is fair.
The most important thing is that I feel at ease with them. They are regulated by reputable authorities, so the thought that they might mishandle my money or refuse to withdraw my profit simply doesn't cross my mind. The last time I withdrew $500 to my card, it arrived within a couple of hours. Bottom line these guys play by the rules. For me, that's more important than inflated promises.
Long registration process
I signed up with RoboForex two weeks ago and the process went smoothly overall. Only one thing to remember: they have a specific requirement on the password format which took a bit of my time. I use the same password on all my trading accounts which RoboForex kept rejecting, so had to come up with a new one which for me is a source of slight inconvenience for my future transactions. After submitting the documents confirming my identification and home address, they sent me an email informing that my MT4 Pro account has been successfully opened. It’s fast. There are four different account types to choose from: Demo, Real, CopyFX Trader, and Partner which appeals to different types of traders and I selected a demo since I am a beginner. From my understanding you can open multiple accounts at once and there can be different types, depending on preference. The demo account has a $10,000 balance and a 1:1000 leverage and I just started playing around. Wish they will be more flexible with th
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria8 /10The trading and non-trading commissions of RoboForex have been analyzed and rated as having Low fees, with a fees score of 8/10. Additionally, these commissions were compared with those of the top two competitors, OANDA and FOREX.com, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- Withdrawal fee applies
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Is RoboForex Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria4.7 /10RoboForex has a safety score of 4.7/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Negative balance protection
- Track record over 17 years
- Not tier-1 regulated
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Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.9.8 /10RoboForex offers the following account options: Demo, Standard, ECN/Raw spread, Cent, Micro, VIP.
RoboForex covers the core account types, making it convenient for traders with different preferences and strategies.
- Tight spread ECN account
- Exclusive VIP account with enhanced trading conditions
- Demo account
- No Swap Free account
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Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology6 /10RoboForex received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria8 /10RoboForex offers a wider selection of trading assets than the market average, with over 12000 tradable assets available, including 40 currency pairs.
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Trading Account Opening
We successfully registered an account with RoboForex in 5 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at RoboForex is $10.Score:We evaluated Trading Account Opening at RoboForex by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.10 /10This is one of the most accessible and hassle-free onboarding procedures on the market.
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Trading platforms & tools
Score:This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn the assessment criteria9.8 /10RoboForex received a score of 9.8/10, indicating a strong offering in terms of trading platforms and tools. The broker provides broad access to popular platforms and supports a variety of features designed to enhance both manual and automated trading.
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Mobile Apps
Score:This section assesses the quality and functionality of the broker’s mobile trading apps. It takes into account app ratings, number of downloads, platform features such as two-factor authentication (2FA), mobile alerts, and technical indicators, ensuring traders can manage positions and monitor markets effectively from their smartphones. Learn the assessment criteria8 /10 -
Customer Support
Score:We evaluated Customer Support at RoboForex by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria9.6 /10
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RoboForex Video Guides
FAQs
Is RoboForex a safe and regulated forex broker?
RoboForex is regulated by the Financial Services Commission of Belize (FSC), which is classified as a Tier-3 regulator, and the broker has been operating since 2009. Registration/Licence Number 9759600; company registration number 000001272. The broker offers negative balance protection and requires KYC verification, but its overall safety score is 4.7/10, indicating a low security level compared with brokers that have Tier-1 regulation and investor compensation schemes.
How low are RoboForex trading fees and non-trading charges?
According to the review, RoboForex’s overall fees are rated as low, with a commissions and fees score of 8/10. Standard account EUR/USD spreads typically range from 0.5 to 2 pips, ECN accounts have an average EUR/USD spread of 0.2 pips with a $2 per lot commission, and there are no deposit or inactivity fees, although withdrawal fees from 0–4% (or $0–1.3) may apply. RoboForex reimburses withdrawal commissions three times per month as part of its “Withdrawal without Commission” program. The offer is available on the second, third, and fourth Tuesday of each calendar month, for the entire day (server time).
What types of trading accounts does RoboForex offer and what do reviews say about their variety?
RoboForex provides a wide range of account types, including Demo, Pro, Pro-Cent, ECN, Prime, and R StocksTrader. The review notes advantages like a low minimum deposit, tight-spread ECN accounts, and Islamic accounts, but also mentions that the account structure can be complex, which some users might highlight in comments about ease of choice.
How does the RoboForex account opening process work based on user feedback and comments?
The review indicates that opening an account with RoboForex is fully online, with registration taking about 5 minutes and KYC verification typically completed within 1 business day, and the minimum deposit is $10. It also notes that while the onboarding is described as accessible and relatively hassle-free, the setup process may feel less convenient for beginners, which could be reflected in user feedback and comments.
What trading platforms and tools does RoboForex provide according to reviews?
RoboForex supports MT4, MT5, a proprietary platform, WebTrader, RoboForex Mobile Trader App, and offers features such as free VPS, API access, one-click trading, support for trading bots (EAs), and around 12,000 tradable assets. The review also mentions additional tools like Trading Central, Autochartist, and a strategy (EA) builder, while noting the absence of TradingView and cTrader, which may be points raised in platform-related reviews.
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