RoboForex Review

RoboForex is a New Zealand based and registered forex broker providing online currency trading services on global international financial markets. The company’s head representative office is located in Auckland, New Zealand. The broker’s operations and services are regulated by NZCA and CySEC. Besides, RoboForex is a member of the Financial Services Complaints Ltd. and is registered as a investment services provider in the Financial Service Provider Register New Zealand.

 

Trading accounts with RoboForex start from $10 with leverage from 10:1 up to 500:1 and spreads on major currency crosses from 0 to 3 pips. The spread can be both variable and fixed according to a client’s choice. Customers are also allowed to choose the number of digits after the dot in quotes between 4 and 5 and the kind of execution between instant and market one.  For company’s registered customers demo accounts are also available. The broker offers trading with such widely popular trading platforms as MetaTrader 4, MetaTrader 5 and cTrader. All the platforms are very user-friendly and highly customizable. The minimum position size is 0.001 lots. The Interest charge on the deposit is from 3.0% to 3.5% annually depending on the amount of the deposit. Besides, ECN accounts are also available and start from %1000.

 

Besides online currency trading the Partnership Program is available for the broker’s customers. Also, RoboForex offers its’ customers over 200 trading tools, including Metals, Energies, Commodities, Indexes and Shares. The funds depositing and profit withdrawal are possible with a wide range of payment systems. The company’s website and customer support are available in multiple languages. The broker’s clients can get technical support and financial advices by email, phone, online chat or by ordering a callback.

 

The company has thousands of customers throughout the world and is permanently developing. The broker render its’ financial services both to individual traders and investment organizations. The RoboForex analytical department provides traders with all the necessary financial data, such as market reviews and technical and fundamental analysis, on a daily basis.

 

Since its’ foundation in 2009 the broker has received such major financial rewards as Exchanges & Brokers Awards 2013 - Best Execution Broker, Eastern Europe and Fastest Growing ECN Broker Eastern Europe 2012.

 

RoboForex trading information

 

Minimum position size 0.001
Pip spread on majors 0-3
Spread Type variable
Maximum Leverage 500
ECN, $ 1000
Standard account, $ 50
Micro account, $ 10
Popular payment methods Credit Cards, Wire Transfer, Moneybookers, LibertyReserve, WebMoney, PerfectMoney, AlertPay, CashU, Pecunix, SMS
Account currencies EUR, USD, GBP, AUD, CHF, JPY, CAD
Available assets Metals, Energy, Commodities, Indexes, Shares
Languages English, Russian
Platforms MetaTrader4, MetaTrader 5, cTrader, Currenex, Viking Trader
Broker type Broker, NDD, STP
Regulation CySEC, IFCS Belize, ICF
Foundation 2009