Roboforex Review

In the beginning of this Roboforex review, let’s just say that it is a brokerage company established in 2019 and provides services to financial markets in 169 countries, with more than 3.5 million users. It is also the leading software developer in the forex industry, recognized as a reliable partner by the most respected financial market experts. Our Roboforex broker withdrawal review below shows that the company’s image is good. In fact, there is a community of people seeing it as a reliable partner by the most respected financial market experts.

With plenty of prestigious awards, the group of companies under Roboforex has an international license to provide services from FSC Belize, as well as a European license from CySEC. Below is an overview of the main features of the broker. It also has a good reputation for its advanced trading proposals and a good range of software or platforms where you can choose between industry-powerful MetaTrader, cTrader, or the proprietary RTrader. 

Roboforex Broker Review In 2022: Leverage, Deposits, Instruments

The minimum deposit for Roboforex is $10, which lures a lot of beginner traders to the platform. You can deposit funds in USD, EUR, and Gold, plus leverage of 1:2000 and spread that floats 0 pips. The instruments offered, as shown in this Roboforex broker review, include:

• Forex
• Stocks
• Indices
• ETFs
• Groceries
• Energy commodities
• Metals

With favorable margin calls and regular bonuses and referral codes, Roboforex is a solid broker. The Roboforex reviews online show that trading is easy, and there is a wide availability of favorable trading conditions plus the minimum deposit. The broker features its unique investment program called CopyFX, plus great affiliate payments that start at $5 per lot. 

For deposits, you can utilize debit/credit card payments, a bank transfer deposit, as well as an array of e-wallets such as Skrill, Neteller, POLi, Fasapay, and so on. The minimum deposit is favorable, especially since most of the other brokers set it at $500 or so.

Roboforex Withdrawal Review & Instruments Offered

You can instantly withdraw funds, making trading easy at Roboforex. Everything runs smoothly and you won’t have to worry about the safety of your investment. The reviews online, just like this Roboforex withdrawal review, show that the broker is legit and there is a quick withdrawal. Plus, the Traders Union additional payments are also great, plus there are a variety of methods for withdrawal including electronic payments through networks like Skrill, AstroPay, Neteller, Perfect Money, etc.

Our Roboforex review should also mention instruments – in this case, you can trade with the world’s key markets and explore 8 asset classes such as Forex, Stocks, Indices, ETFs, Soft Commodities, Energies, Metals, and a dozen cryptocurrencies, plus options for leverage trading.

Account Types On Roboforex & Fees For Trading

If you are wondering what types of accounts are available, know that there are six different types to choose from. In this aspect, it is good that there is choice, and you can also use your national currency as your account base currency, choosing from the list of USD, EUR, RUB, CNY, GOLD, BTC as the main currencies offered.

There are various account types and features – the image below summarizes them in detail. In terms of fees, there are no deposit and withdrawal fees, but there is an inactivity fee you should be aware of.

The Roboforex spreads are designed at the levels of accounts you use, which means that the higher your account is, the better spread offering is included. We also recommend considering a rollover or overnight fee as a cost.

Is Roboforex Scam Or Safe?

All things considered, Roboforex is a place that is safe for trading. The platform received more than 20 industry awards, not to mention its continuous sponsorships and global activities. Currently, Roboforex is an  Official Sponsor of the “Starikovich-Heskes” team at Dakar and the Official Sponsor of Muay Thai fighter Andrei Kulebin. 

Also, Roboforex is regulated by the European CySEC, which means it is a low-risk trading environment and a good place to start if you are looking for brokers online. Our Roboforex review shows that it has plenty of features for beginners.  The only suspicious part is the legitimacy of the company – despite its CySEC license, it has accounts in Belize and plenty of experts do not recommend investing with brokers that have offshore accounts.

In terms of protection, the broker adheres to regulatory requirements, delivering a protected and fair trading environment. It is regularly audited and can be fined in case of a breach or something similar. In addition, there is a Civil Liability Insurance program for a limit of 5 million EUR, including market-leading coverage against any fraud, error, negligence, and other potential risks.