RoboForex Review

What is RoboForex?

RoboForex is a popular International  Forex Broker recognized by the experts in the Financial Market, while operating since 2009 with service around the world. Throughout the history of its operation, the broker has served numerous clients around the world and gained recognition for its advanced trading proposal, also for its tailored conditions suitable for various styles, trading sizes, and portfolios.

Also, one of the greatest things RoboForex offers is a good range of trading software or platforms where you can select between industry-powerful MT5, MT4, or R Stock Trader.

• There are numerous developed technologies offering good solutions for trading found, RoboForex conducts CopyFX – a copy trading project. Where Contests on demo accounts are held weekly and monthly while prizes are deposited to real trading accounts allowing to start a great trading carer.

What Type of Broker is RoboForex?

Based on our research, we found that RoboForex is a Belize-based Forex and CFD broker working with STP Tradingmodel and execution, offering 8 asset types and more than 12,000 instruments for trading. Along with the most popular platforms in the industry, Robo provides many terminals for comfortable trading.

RoboForex Pros and Cons

RoboForex is considered safe for trading through an international entity. The broker has a long history of operation with an excellent reputation. At RoboForex, there is a good range of account types, trading platforms, free exclusive trading signals, and research tools, also powerful trading capabilities suitable also for advanced traders.

On the flip side, the trading fees may vary depending on the platform used and the account type, which might seem comlex. However, the company’s website contains detailed information on its conditions, enabling the analysis on your own. Also, RoboForex is based in Belize so we recommend verifying all safety rules since it is not top-tier regulation.

RoboForex Features

RoboForex is a well-regarded broker known for providing safe and highly favorable trading conditions. The low deposit amount and the wide range of trading instruments offered make Broker an appealing option both for beginner and advanced traders. In the table below we have compiled the key features of the broker, including Trading Platforms, Fees, Available Instrument Range, Minimum Deposits, Education, etc.

Who is RoboForex For?

Based on Financial Expert Opinion and our findings, RoboForex is a great choice for both beginner and advanced traders, mainly those who are interested in trading Currencies and CFDs. Besides, the broker is suitable for those who want to test different trading strategies. Broker supports international trading, despite residency and level of trading experience. RoboForex is Good for:

• Beginners
• Advanced traders
• Traders who prefer MT4/MT5 platforms
• Slection of various platforms and tools
• Currency and CFD trading
• Trading of Shares on CFDs
• Variety of trading strategies including News Trading
• High Leverage Trading
• Algorithmic traders
• Broker with good educational and research materials

RoboForex Summary

Overall, we found that RoboForex is a safe broker that offers quality trading solutions. RoboForex provides expanded trading strategies and a certain way of dealing with markets and traders that gained a reliable and respected reputation. 

RoboForex’s flexibility in terms of platforms, currency pairs, and a number of provided solutions is another key advantage to its positive side. The broker offers good educational materials and research tools suitable for traders of different levels.

55Brokers Professional Insights

RoboForex as an international broker is definitely good choice for traders from various regions and almost all over the globe. The selection between platforms offers good flexibility either your preference is on industry known software based on MetaTrader or you would like Robo own software, we did like the pplatform Broke designed with good choice of account types and advanced trading tools alike. Our special regard goes to RStocks separate platform for CFDs on Shares Stocks, which is quite remarkable for Forex broker. Traders with need of wide selection of thousands of Instruments and Portfolio diversification also will find it a good match. Fees we mark on average levels at most, while some accounts mainly based on commission are more favorable, also might be better for traders with experience or prefer trading with commission rather than spread, so is quite attractive for high-frequency traders, scalpers and algorithmic strategies. Lastly, High Leverage and well-established copy trading platform (CopyFX) of RoboForex with favorable educational resources make it suitable for new traders.

On the other hand, due to its Belize regulation, RoboForex is not a suitable choice for those who are concerned Broker hold top-tier license. Also, the costs are good yet Spreads are not at lowest spread level as some other Brokers provide, so overall Robo is quite steady for various trading needs choice, also ranked well for trading of Stock CFDs and ETFs.

Consider Trading with RoboForex If:

Avoid Trading with RoboForex If:

Regulation and Security Measures

Score – 4/5

RoboForex Regulatory Overview

RoboForex Ltd is an international forex brokerage registered by the FSC, Belize under the number 000138/7, so is a legit firm with relevant licenses on each jurisdiction Broker operates.

Although the broker operates only with a license from Belize, it has received the Verify My Trade (VMT) execution quality certificate, confirming its compliance with the strict requirements of the Financial Commission for its broker members. RoboForex protects its clients’ funds from negative balances and has segregated bank accounts to secure their money. The broker is regulated and guarantees the security of clients’ funds, so it can be considered a safe choice to trade with.

How Safe is Trading with RoboForex?

RoboForex pays attention to the fund protection of its clients, keeping them separate from the Company’s funds, thereby guaranteeing that they are protected from unlawful use. The company is also a participant of The Financial Commission’s Compensation Fund which is used in the unlikely event of the Company’s failure to fulfill its obligations.

• In addition, RoboForex implemented a Civil Liability insurance program for a limit of 5m EUR, which includes market-leading coverage against fraud, errors, negligence, and, or other risks that may lead to financial losses of clients.

Consistency and Clarity

When it comes to consistency, Broker performs well in delivering stable trading experiences across its platforms. Although RoboForex does not hold a license from a top-tier regulatory body, such as FCA, ASIC, or CySEC, it still has good regulatory oversight and provides a safe trading environment.

RoboForex has instilled a sense of dependability among investors due to its consistent and stable trading conditions and transparent operations operating for many years, also with no serious issues or concerns detected in its operation along years, proving Broker stability. Throughout its services, Broker remains a trusted online trading platform with a major emphasis on security in trading conditions and transparency in pricing policies. Most of the Real Traders reviews are positive, marking the excellence of the trading environment and overall trading experience. These findings show that RoboForex is a reliable, solid broker suitable for long-term cooperation and investment.

Account Types and Benefits

Score – 4.8/5

Which Account Types Are Available with RoboForex?

RoboForex provides a wide selection of account types in order to suit the different needs and requirements of its clients, so you may choose most suitable for you based on fee model or execution.  The list of available account types includes Prime, ECN, R Stocks Trader, ProCent, Pro accounts. In our opinion, both beginning or trading professionals will find the conditions with RoboForex suitable as good diversification provided with low deposit and with Islamic traders who are able to apply for swap-free accounts. See our comparison below with the main difference in accounts featured by pricing models:

Pro Account

The Pro account is one of the most widely-used options suitable for traders who prefer Spread based account, mainly regarded as Standard account in industry. It offers floating spreads starting from 1.3 pips with no commission fees on trades with 1:2000 leverage and access to a wide range of trading instruments available on popular platforms like MetaTrader 4 and MetaTrader 5. The minimum deposit for a Pro account is 10 USD so is accessible for all.

Prime Account

The RoboForex Prime account is more designed for professional traders, good for high-frequency traders and scalpers since fees are based on commission. Spreads from 0.0 pips and commissions charged based on trading volume like for 1 million USD traded is 10 USD, considered very competitive. The account also provides access to all offered trading instruments with leverage up to 1:300. The minimum deposit for this account is 10 USD too, so is good to all alike.

ECN Account

The RoboForex ECN account is great especially for high frequency traders, scalpers or Algo Traders who need to have direct market access and fast execution. The spreads start from 0.0 pips with a commission of about 4$ a lot. It is especially suitable for those traders who value precision and liquidity because this account type is directly connected to the interbank markets. The broker ultra-high-speed trading execution and leverage up to 1:500 with all instruments at place is another plus while the minimum deposit for an ECN account is also 10 USD so still all based on your own trading preference.

R Stocks Trader Account

The RoboForex R StocksTrader account is for traders especially interested in stocks and ETFs trading, offering clients a sophisticated web-based trading platform called R Stocks Trader. Some of the key features of this account include very competitive access to over 12,000 instruments including shares, indices, ETFs, Futures  and commodities all traded as CFDs. Also, on several asset classes is available commission-free trading and good fees. The platform enables access to both manual and automated trading, also flexibility and simplicity of the account that suits traders of different expertise.

ProCent Account

The RoboForex ProCent account is another great feature for beginners who want to test new strategies with minimal risks. The balance of the account is measured in cents, so traders can start very small, from $10. Key features of the Cent account with floating spreads from 1.3 pips, leverage up to 1:2000 with all trading instruments available across all Robo platforms MetaTrader 4, MetaTrader 5, and the R WebTrader platforms.

Regions Where RoboForex is Restricted

According to the information on RoboForex’s website, the broker does not accept clients from the following countries due to regulatory and legal requirements, or as per the entity conditions  applied.

•  USA
• Canada
• Japan
• Australia
• Bonaire
• Brazil
• Curaçao
• East Timor
• Indonesia
• Iran
• Liberia
• Saipan
• Russia
• Sint Eustatius
• Tahiti
• Turkey
• Guinea-Bissau
• Micronesia
• Northern Mariana Islands
• Svalbard and Jan Mayen
• South Sudan
• Ukraine
• Belarus

Cost Structure and Fees

Score – 4.3/5

RoboForex Brokerage Fees

RoboForex offers a flexible cost structure with quite transparent conditions clear to understand and choose, allowing to select fee model more suiotbale for your trading style. The commissions or spreads depend on the account type and trading instruments alike. For a closer look here are some of the main costs we find:

• RoboForex Spreads

Based on our Expert findings RoboForex spreads depend on the account type you choose, so be sure to check out the trading conditions. Broker offers several account types with various fee models. With floating spreads are Pro Standard and ProCent accounts with spreads from 1.3 pips; considered to be on average among competitors. While ECN and Prime accounts fees are based on commission. Spreads on the R StocksTrader account start from 0.01 USD. Also, spread depends on the market conditions and differ based on volatility.

• RoboForex Commissions

RoboForex’s commission structure is competitive and transparent based on our review, but varying by account type alike. The Pro and ProCent accounts are commission-free, with spreads-only fees. Traders who prefer Broker fees based on commission the ECN and Prime accounts feature interbank quotes from 0.0 pips spread and commissions of $20 and $10 per $1 million traded respectively.

• RoboForex Rollover/ Swaps

The rollover or overnight fee should be considered as a cost too, which is added for positions held longer than a day. As example rollover fees at RoboForex are about -0.6 for short positions on USD and -0.052 for long ones held longer than a day.

How Competitive Are RoboForex Fees?

RoboForex’s fees are considered competitive but among the industry average levels. Broker fees are suitable for traders across different experience levels and are regarded since offering various fee models, so you may choose most appropriate for you. Accounts based on commission we find more competitive, also ECN account provided better execution speeds. While the broker does charge overnight swap fees and withdrawal fees, these are generally in line with industry standards, maintaining the broker’s overall competitiveness in fee structure.

RoboForex Additional Fees

Besides the spread and commissions, depending on the account type there might be other fees RoboForex charges so is good to review all to understand clear all fees involved in your trading activity. Some of the common additional fees include:

Withdrawal Fees

The fees to be charged on withdrawal vary based on the method of withdrawal. For instance, Credit card withdrawals may charge between 1 and 2.5%, while for e-wallets, like Skrill or Neteller, it can be about 1%.

Inactivity Fee

Generally, RoboForex inactivity fee is charged if an account is kept dormant for a long period, such as 12 months. It is about $10 per month, which again would depend upon the account type.

Currency Conversion Fee

Currency Conversion Fee is incurred if you trade in a currency different from your account’s base currency. So if you trade or make deposit withdrawal in different currency auto conversion fees will be applicable too, we advise to select most appropriate base currency then for you to avoid these extra fees.

Trading Platforms and Tools

Score – 4.4/5

As a technology-driven broker, RoboForex offers a range of platforms to choose from, that allows traders to advance and suit any trading demands and comply with their style. The main offering known for its productivity are industry popular software – MT4 and MT5 platforms, while traders can also select RoboForex-developed exclusive platform R Web Trader and R Mobile Trader.

RoboForex Web Platform

RoboForex Web Trading provides smooth browser-based trading without any need for installation. It gives access to the most popular instruments Broker offers, also Web platforms enable real-time market data, charts that are customizable with technical indicators, one-click trading, and a secure, user-friendly interface great for traders who value flexibility and simplicity.

Main Insights from Testing

We found RoboForex’s web trading platform quite user-friendly, with a customizable interface, fast trade execution, real-time data, and access to full range of assets. Besides, it is compatible across devices and suitable for all traders, the charting tools are a little limited compared to desktop platforms, and some features, such as automated trading are more comprehensive in the platform desktop versions of MetaTrader 4/5 than in the web platform.

RoboForex Desktop MetaTrader 4 Platform

RoboForex MT4 desktop platform is very popular with its advanced charting options together with a great variety of robots and indicators to back any trading strategy. The broker provides 3 types of order execution, 50 indicators for technical analysis, graphic analysis tools, and an option of programming own trading robot. The significant differences between the web platform and the desktop version of MT4 include a much larger number of features related to automated trading with EAs.  In other words, RoboForex’s MT4 desktop platform is excellent for traders who seek advanced functionality and in-depth analysis.

RoboForex Desktop MetaTrader 5 Platform

RoboForex MetaTrader 5 Desktop Platform is the newest version of the software, thus it includes an impressive number of new functions and enhanced tools, which helps to take trading to a more advanced level. Besides, this platform allows traders to work with both netting and hedging systems, and provides four execution types, enabling them to implement almost all sorts of trading strategies. The MT5 platform also includes comprehensive tools of analysis, 4 types of order execution, 6 types of pending orders, and technical indicators. Besides, the platform provides market-depth information on liquidity and order flow. Due to its functionality, MT5 is ideal for those who want to take their trading strategies to the next level.

RoboForex MobileTrader App

With RoboForex, mobile traders have access to MT4 and MT5 Mobile Apps through the applications. The apps provide an easy-to-use system for account management, order placement, and access to a wide range of tools directly from a mobile. Both MT4 and MT5 mobile versions provide goodd charting options, real-time market data, and enable price alerts so are very handy on the go. The apps are available for both iOS and Android and provide security, using encryption and secure logins.

Main Insights from Testing

The RoboForex MobileTrader software offers a full range of trading tools, various order types, advanced charting, and technical indicators. The interface is intuitive and easy to use.  Trade execution is fast, enabling traders to quickly react to market changes. Both the MT4 and MT5 apps are available for iOS and Android devices. However, it should be noted that certain automated trading features are more advanced in the desktop versions of MetaTrader.

RStocks Trader

The R StocksTrader platform, developed by RoboForex designed too the needs of Stocks trading. The platform offers comprehensive trading with a user-friendly interface, advanced charting tools, and an immense number of technical indicators that provide traders with in-depth technical analysis. R Stocks Trader stands out for Charting from Exchanges and its great Strategy Builder feature – a free, easy-to-use tool that enables traders to automate their strategies using no programming skills. This makes it simple for both novice and professional traders to optimize their trading performances.

RoboForex CopyTrader 

Lastly, Robo offers a robust Copy Trading service through its CopyFX platform, enabling users to benefit from the expertise of seasoned traders. With CopyFX, investors can follow and copy the trades of over 9,000 experienced traders which is an impressive number and is recommended by us to give it a try too, since is indeed good quality.

Trading Instruments

Score – 4.7/5

What Can You Trade on RoboForex Platform?

Based on our research RoboForex enables trading world’s key markets with 8 asset classes, granting traders access to 12.000 Instruments one of the widest selections available allowing to diversify trading portfolios greatly. The available trading products at RoboForex include following, while all mainly offered on CFD basis:

• Forex
• Stocks
• Indices
• Metals
• Commodities
• ETFs
• Cryptocurrencies
• CFD on Indices
• CFD on Oil
• CFDs on Futures
• CFD on US stocks
• CFDs on Metals

Main Insights from Exploring RoboForex’s Tradable Assets

Investigating RoboForex’s tradable assets, we have found one of the widest range of financial instruments great to different trading strategies and preferences. The platform enables access to most popular and traded asset classes and instruments. Additionally, RoboForex provides some unique feature a separate platform RStocks for Stocks and Shares trading consistent of popular shared from around the world,  yet all are provided on CFD basis alike.

Either for short-term trading or for long-term investment, Robo accommodates different types of traders, from beginners to professionals, with its wide selection of tradable assets and almost anything traded available. All in all, the availability of large amounts of tradable assets at RoboForex enables traders to diversify and explore the market further. Also, RoboForex provides a range of cryptocurrency trading options, allowing clients to engage with popular digital assets, which is a plus, also we find RoboForex supports crypto-to-crypto trading pairs, such as ETH/BTC and LTC/BTC, which enable varied trading strategies.

Leverage Options at RoboForex

If you plan to use high leverage to multiply your profits, RoboForex is indeed a good choice. While most brokers permit the maximum leverage of 1:500, Robo enables traders access to leverage as high as 1:2000. High leverage allows traders to increase significantly the potential returns. The leverage enables traders to increase the size of their positions, however, leverage should be used with great caution and wisely.

• RoboForex provides flexible leverage options of 1:400, 1:500, and up to 1:2000, depending on the asset class and account types.

Deposit and Withdrawal Options

Score – 4.5/5

Deposit Options at RoboForex

In terms of funding methods, RoboForex offers over 20 options of payment methods, which is very convenient since allowing to transfer money to or from the trading account and suitable for traders almost from every region. Supported Trading Deposit Methods include:

• Bank transfers
• Card payments
• Vast selection of e-wallets like Skrill, Neteller, POLi, FasaPay, and more

RoboForex Minimum Deposit

The minimum deposit to open an account with RoboForex is very low, also most of accounts are accessible so  you choose based on conditions your prefer not by the requirements, which is great. It depends on the account type chosen. For Prime, ECN, and ProCent accounts the minimum deposit is 10 USD. For ProR Stocks Trader account the minimum deposit is 100 USD.

• However, of course, make sure to verify margin requirements and conditions for the instrument you are willing to trade, as at some point $10 simply may not be enough for your strategy.

Withdrawal Options at RoboForex

We learned that RoboForex implements a 0% commission policy for deposits and many of withdrawals where all expenses are covered by the broker. Robo withdrawal options are good and include Bank Wire or Credit Cards.

• Yet, check carefully since some of the methods apply an additional fee for withdrawal, e.g. Skrill and AdvCash add on a 1% processing fee, while Visa withdrawal adds 2.6% +1.3USD.

How long does it take to withdraw money from RoboForex?

Our findings show that the withdrawal time in RoboForex depends on the method of withdrawal:

• Bank Transfers generally take up to 3-5 business days, considering banks may take some extra time to process.
• Credit/Debit Cards process withdrawals in 1-3 business days.
• E-Wallets usually process withdrawals almost instantly or take a few hours.

Customer Support and Responsiveness

Score – 4.7/5

Testing RoboForex’s Customer Support

RoboForex offers 24/7 customer support available via Live chat, emails, and international phone lines, also proposing callback service and providing support in more than 10 languages. Robo always tries to answer customer inquiries efficiently. On live chat support, usually, responses are instant, and on email support, it might take more depending on the issue’s complexity. Besides the mentioned channels of support, RoboForex has also a vast FAQ section on its website, where many issues and questions have been addressed.

Contacts RoboForex

Customers have various options to reach RoboForex Service Desk. Quick responses are especially important in cases of urgent issues. Customers can send a quick message right from the RoboForex website, stating their name, email, and the request itself. Other than that, it is possible to reach the broker live via phone line at any time convenient for the customer (+593 964 256 286). Another option to contact the broker is the live chat that provides almost instant answers.

Research and Education

Score – 4.2 /5

Research Tools RoboForex

We found that Broker offers quuality research tools and materials mainly available though the offered platforms. which MT4 and MT5 are quite famous for, especially essential for beginners but for traders at any stage too. The broker offers Market analysis, technical analysis, professional trading analytics, and a range of trading tools are available via the Members Area.

• RoboForex traders get access to transaction and trading history for up to 1 year and great research tools including a news feed, calculators, a strategy builder, trading ideas and tools inbuilt in platforms, also availability of extra tools on MarketPlace.

Education

As for the Education, we found that education is good at RoboForex, yet is not Trading Academy like some other broker offer with Trading Courses, Seminars and Webinars. So mainly Robo education is designed to enhance capabilities and provide research materials, therefore traders have access to various educational resources and polish their skills further. In addition, Broker publishes educational articles on topics ranging from technical and fundamental analysis to trading psychology and specific trading strategies.

One of the great points are available trading contests, which increases level of expertise and allows to develop skills, also gain valuable prizes.For available RoboForex Contest we advise to check official site, since availablity vary.

Is RoboForex a good broker for beginners?

RoboForex is considered a suitable broker for beginners due a number of features. The demo account allows new traders to start trading with non-real funds, low minimum deposit requirement, responsive customer support, and a range of available account types designed for different trading needs also with Cent trading are great for beginners. Yet, the education we mark rather basic and good for traders who already have ssome trading experience. For complete beginners we would advise or to opt for Brokers with good Courses or check separate Forex education too. 

Portfolio and Investment Opportunities

Score – 4/5

Investment Options RoboForex

RoboForex Investment Options are favorable, yet as the broker main focus is on CFD trading it differs from classic Investment Options. Provided trading of Stocks is also based on CFDs, so important to note you do not own the asset but rather trade it.

RoboForex offers CopyFX is yet considered as investment product, allowing trading opportunities for those who do not have sufficient market experience and skills, simply invest desired amount for particular account and replicate all automatically. It opens wide possibilities for investors to increase their capital by following skilled traders and their performance analytics.

Account opening

Score – 4.6/5

How to open RoboForex Demo Account?

Opening a Demo account with RoboForex is quite an easy and straightforward process. Here is a step by step guide on how to open a Demo account:

• On the official website of the broker choose the “Open Demo Account” option in the account types section.
• You will need to fill in a registration form with relevant information. It is essential to provide valid information.
• You will be required to choose the desired trading specifications, such as the type of account, trading platform, leverage, and even the virtual deposit amount.
• To get acquainted with the general rules of the Demo account, traders need to agree with the terms and conditions to complete the creation of the account.
• When the registration is completed, the demo account credentials are sent to the trader via email.

How to open RoboForex Live account?

Opening an account with Broker is quite straight forward and not confusing process too. You should follow the opening account or sign-in page and proceed with the guided steps similar to demo account with difference you need to verify your data and Documents.

• Select and Click on RoboForex Open an account page.
• Enter the required personal data (Name, email, etc.)
• Verify your personal data.
• Once your account is activated and proven, follow with the money deposit.

Additional Tools and Features

Score – 4.3/5

By providing additional tools and features that what makes offering different from other Brokers. In case of RoboForex it intends to improve its customers’ trading experience with tools designed to enhance capabilities and provide something extra to traders. Some of the main additional tools and features of RoboForex are listed below:

• RoboForex Strategy Builder is especially regarded by us since enables traders to create automated trading strategies with no programming skills. Based on pre-set rules, RoboForex strategy builder helps traders automate their trading, making the execution of complex strategies easier.
• The VPS hosting solution offered by RoboForex is free, which is great as most of Brokers charge fee for it. This is a great solution for traders who want Trading robots and Expert Advisors (EAs) be active 24/7, even when the computer is offline.
• AutoChartist is an advanced pattern recognition tool—another additional offering by Robo that is designed to automatically identify chart patterns and market key price levels.
• RoboForex offers its clients who are interested in copy trading a specifically designed copy trading platform, CopyFX, where traders can follow the strategies of professional traders. This is also a good offering for beginner traders.

RoboForex Compared to Other Brokers

RoboForex stands out for its wide selection of trading products and some of the highest leverage options compared to other brokers, up to 1:2000 for certain accounts. Besides the popular MT4/MT5 platforms, the broker also offers its proprietary R StocksTrader platform designed for Stock trading particularly, what makes proposal different too.  Compared to OANDA and Pepperstone, RoboForex enables an impressive selection of 12.000 Trading Instruments, which is considerably a more attractive offering for those who want to diversify their portfolios.

As compared to other good-standing brokers, such as FP Markets or IC Markets, the Robo minimum deposit starts at 10 USD, which is very low compared to industry standards, enabling traders to start with minimum financial inputs. However, while RoboForex is a well-known broker with good standing, it does not hold a top-tier license. In this respect, HFM and AvaTrade have the advantage of being heavily regulated, also Education is rather basic and complete beginners might find HFM and FP Markets Education more suitable.

Parameter	RoboForex	FP Markets	IC Markets	Pepperstone	BlackBull Markets	HFM	OANDA
Spread Based Account	Average 1.3 pip	From 1 pip	From 1 pip	Average 0.7	From 0.8 Pips	Average 1 pip	From 0.8 Pips
Commission Based Account	0.0 pips + $4	0.0 pips + $3	0.0 pips + $3.50	0.0 pips + $3.50	0.1 pips + $3	0.0 pips + $3	0.1 pips + $4
Fees Ranking	Average	Low/ Average	Low/ Average	Low	Low	Low/ Average	Low
Trading Platforms	MT4, MT5, R StocksTrader	MT4, MT5, cTrader, IRESS, Proprietary Platform	MT4, MT5,cTrader	MT4, MT5,cTrader, TradingView	MT4, MT5, cTrader, TradingView	MT4, MT5, HFM App	MT4, MT5, OandaTrade
Asset Variety	12,000+ instruments	10,000+ instruments	1,000+ instruments	1,200+ instruments	26000+ instruments	500+ instruments	500+ instruments
Regulation	FSC	ASIC, CySEC,  FSCA, CMA	ASIC, CySEC	ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN	FMA, FSA	CySEC, FCA, DFSA, FSCA, FSA, CMA, FSC	FCA, CFTC, NFA, MAS, ASIC, IIROC, FFAJ
Customer Support	24/7 support	24/7 support	24/7 support	24/7 support	24/7 support	24/5 support	24/5 support
Educational Resources	Good	Excellent	Good	Excellent	Good	Good	Good
Minimum Deposit	$10	$100	$200	$0	$0	$0	$0

Full Review of Broker RoboForex 

RoboForex is a flexible broker, suitable mainly for all types of traders. The company holds a license from the FSC, yet it has good standing in the market and enjoys a great reputation among traders. RoboForex suitable for different categories of traders with good offering of account types: Prime, ECN, R Stocks Trader, ProCent, and Pro accounts. Besides, traders can choose from more than 12 thousand instruments making Broker among leading for product selection. Along with extensive products, fees are considered average where you may choose fee structure either based on spread or commissions.

Robo trading platforms are noted for their features, simple and user-friendly interface, with a choice of industry standards like MT4 or 5, also Brokers own software with great trading tools, and functionality. Another great tool offered by RoboForex is its CopyFX platform with additionally offers Strategy Builder for auto trading strategies, which is also a rare feature among brokers.

Besides, RoboForex offers substantial customer support through live chats, phone lines, and emails. Funding methods supported by Broker are also various, ensuring smooth and comfortable deposits and withdrawals. Overall, RoboForex offers a comprehensive trading environment providing flexibility and innovation, that make it a good choice for investors.