Forex broker Roboforex
Roboforex is a company that started its brokerage activity in 2009 and has already managed to become a leader among forex brokers due to the high quality and variety of services provided, constant improvement and development, attentiveness to its customers. Roboforex confidently takes the third position of our objective rating of forex brokers.
Roboforex has won in a nomination «the Best trading conditions among brokers».
See the review and an overview of the company RoboForex
You can trade on the platforms Metatrader4 and Metatrader5, also available WebTrader, Android Trader, Iphone Trader, application for Windows Mobile. For trading on ECN-Pro NDD and Pro-Standart accounts, you can use the cTrader and cTrader Web platforms. For trading American stocks Umstel terminal is available.
Read more about account types:
- Fix-Cent and Fix-Standart — accounts on which transactions are opened by the type of Instant Execution (instant execution), it is possible to trade for 31 currency pairs, gold and silver. Spread from 2 points (fixed), leverage to 1: 1000, Stop out — 20%. Fix-Cent is a cent account, the minimum transaction size is 0.01 lot center (0.0001 standard lot).
- Pro-Cent and Pro-Standart — for these types of accounts market execution of orders (Market Execution) is realized. For trading, 34 currencies are available, as well as gold and silver, CFD. Five-digit quotes, a spread floating (from 0.4 points), the size of the leverage — up to 1: 1000. The minimum order size for Pro-Cent is 0.0001 lots, on Pro-Standart — 0.01 lot.
- ECN-Pro NDD — professional accounts where transactions are directed directly to the interbank market (the liquidity provider in the Currenex system is CMSFX UK Ltd.). Trade in 34 currency pairs, metals (silver and gold), CFD. Spread floating (from 0 points), leverage to 1: 300, stop out — 40%, margin call — 60%. Commission broker — 20 USD per 1 lot (opening and closing of the transaction).
- ECN-FixSpread NDD — accounts with market execution of transactions (Market Execution), trading on 13 currencies and 2 metals. The spread is fixed (from 1.6 points), there is no commission, the leverage is up to 1: 300, Stop out — 40%, Margin Call — 60%.
There is also a group of Affiliate accounts, with more spread and commission paid by customers to their partners (when providing signals, advisers, etc.). You can open and unimpeded accounts with trading in Metatrader4.
For all accounts, there are no restrictions on the size of the minimum deposit.
It is worth noting that all of the above accounts can be opened in demo mode (Demo Fix, Demo Pro, Demo ECN-Pro NDD, Demo ECN-FixSpread NDD).
Speed of execution of orders
Under normal conditions, transactions on all types of accounts open and close quickly enough, however, during strong price jumps, the rate may decrease, on accounts with the execution of Instant Execution, requotes may appear. On Pro accounts, performance is much better than on Fix accounts.
The size of the spread
Depending on the type of account, the following spread values are set on Roboforex:
- From 2 points (fixed) — on the accounts of Fix-Cent, Fix-Standart.
- From 1.6 points (fixed) — on the ECN-FixSpread NDD account.
- From 0.4 points (floating) — on the accounts of Pro-Cent and Pro-Standart.
- From 0 points (floating) — on the ECN-Pro NDD account.
Methods of replenishment / withdrawal. Application processing speed
You can make a deposit in the following ways:
- Bank transfer.
- Visa, Mastercard.
- Electronic money — Skrill, Webmoney, Yandex Money, Neteller, Moneta.ru, CashU, Qiwi, Skrill, ePayments, etc.
- Internet banks Alfa-click, Sberbank-online, Promsvyazbank, Russian standard, Faktura.ru.
- Terminals of Sberbank, Euroset, Russian Post.
- MTS, Beeline, Megafon.
It is possible to order a Roboforex Payoneer Mastercard.
To replenish a bank transfer, you need to undergo a verification procedure that will give you other advantages:
- Fast execution of requests for withdrawal.
- Personal remote VPS-server (with a replenishment of not less than 300 USD).
- Bonuses for the deposit.
The withdrawal of funds is available in the manner in which you made a deposit (among electronic payment systems Webmoney, Qiwi, Yandex Money, Neteller, Skrill are available for withdrawal).
The processing of withdrawals is processed fairly quickly.
Conditions for Beginners
For beginners, Roboforex is one of the best places to trade. Why? Because this broker provides very favorable conditions for beginners:
- Cent bills (including market execution — Market Execution).
- There is no minimum deposit.
- The minimum lot is 0.0001.
- On the company’s website there is a section «Novice» where a novice trader can find a lot of useful articles (a dictionary of terms, forex bases, tips for experienced traders, a textbook on the trading platform Metatrader4), video courses about forex.
- Also, Roboforex regularly conducts webinars, which you can register by registering on the site.
Robophorex is a member of such organizations as IFSC, ICF, The Financial Commission, NAFD, UCRFIN. The company is licensed by CySEC (Cyprus Securities and Exchange Commission). More details about these organizations you can read on the corresponding page of the site Roboforex.
Broker Roboforex provides its clients with an investment service CopyFX — a system for copying transactions from experienced traders. The following copying schemes are possible:
- The trader on the commission — payment for each transaction (a fixed amount).
- Trader for profit — payment of a certain percentage of profits.
Pros of service:
- Detailed statistics on traders, including statistics on closed and open trades (for open transactions — only for subscribers), history of balance and equity, etc.
- On the page of the manager (trader) there is a link to the forum where you can ask him questions about the trade.
- A few really profitable traders.
- A small age of accounts of most traders.
Also in Roboforex, the popularity of RAMM accounts is gaining — a counterpart of PAMM-accounts, but this service is more focused on investors. Distinctive features of the RAMM-system are:
- Money remains on the investor’s account.
- Ability to withdraw funds from investments.
- Flexible risk settings (you can set a weekly loss limit, the trader will not lose more than this level).
The following analytical tools can be found on the broker’s website:
- Economic calendar.
- Market news.
- Fundamental, technical and wave analysis of forex, analysis of Ichimoku indicators and Murray levels.
- Analytics Trading Central.
- List and description of the main indicators and macroeconomic indicators.
- Interest rates of banks.
- «Analytics Center» is available for registered customers (sections «Ribbon», «Calendar», «Signals», «Training», «Video analytics», «Tools»). Also here you can chat with analysts of the company.
See the latest analytical review from Roboforex
The affiliate program from Roboforex
The program for partners from Robophores offers attractive terms, although it has several significant drawbacks.
Cooperate with the broker through one of the following schemes:
- Agent — to advertise the company on the forums, in social. networks, etc.
- Internet partner — for site owners.
- Regional Representative.
- White Label.
Without your own site, you can register as an «Agent». The task is to attract new customers to the company (through broker advertising to their friends, through communication on forums and in social networks). Tools for attracting traders — reflink and partner code. Roboforex pays up to 20% of the spread of attracted customers.
If you have a site on Forex, you can become an «Internet partner». Advertising materials are the same (reflinks and partner code), in addition, after the verification of the site will be available links without referral code (customers who have transferred from such a site will be identified and assigned to the partner’s account). You can also use the registration form on your website.
There are three levels in the «Internet Partner» program:
- Start — the initial level, the commission to 20% of the spread.
- Expert — the transition to this level is carried out after attracting 20 active customers who have haggled more than 100 lots per month, commission up to 30% of the spread.
- VIP — in the presence of more than 100 active customers, the trade turnover of which amounted to more than 3000 lots per month, the commission to 40% of the spread.
It should be noted that for the «Start» and «Expert» levels, a five-level affiliate program is available
Other features of the Roboborex affiliate:
- Excellent statistics, which shows the number of registered customers, the number of open and closed transactions, their volume, as well as the amount of remuneration.
- The commission is credited to the partner account on a daily basis.
- There is no limit on the amount of the amount to be withdrawn.
- Profit can be removed at any time.
However, do not forget about the cons of the affiliate program of this broker:
- Involve customers and withdraw funds only after the verification procedure.
- Having registered as an «Internet partner», it is necessary to attract at least 3 active clients within 3 months, otherwise the program goes down to the level of «Agent».
In the first few years of the company’s work on the forums, it was possible to meet many negative reviews, mainly about the poor operation of the terminal and the poor execution of orders. However, the Roboforex broker has significantly improved the quality of the services provided in recent years, which led to the growth of positive opinions about the company.
Those. support Robophores is distinguished by affability, responsiveness of answers, answers questions in detail.
You can communicate with the company’s employees through a ticketing system (messages) and a 24-hour online chat. Telephone communication is also available.
AVERAGE SCORE: 9.7
SUMMARY: Working with a broker is RECOMMENDED. An excellent option for a beginner trader (cent accounts with accurate and market execution). One of the best brokers for trading advisers. A wide range of ways to replenish / withdraw, fast payout. Interesting services for investments: RAMM, CopyFX.
Register with Roboforex