RoboForex

Review

User Reviews (131)

Rebates

Regulation

Promotions

Symbols

Forum Posts (0)

Written by Angelo Martins

Edited by David Johnson

Fact checked by Evelina Laurinaityte

Human moderated by Jason Peterson

Last updated August, 2024

RoboForex Overall rating

4.2

Ranked 56 out of 829 (Forex Brokers)

Overall rating is derived from an aggregate of ratings in multiple categories.

	Rating	Weight
User Rating	4.5 (131 reviews)	3
Popularity	5.0	3
Regulation	2.0	2
Pricing rating	5.0	1
Features	Not rated	1
Customer Support	Not rated	1

RoboForex Profile

Company Name	RoboForex Ltd
Categories	Forex Brokers, Forex Rebates
Primary Category	Forex Brokers
Year Founded	2009
Headquarters	Belize
Office Locations	Belize
Account Currency	EUR, GLD, USD, CZK, CNY
Support Languages	Arabic, Chinese, English, Thai, Vietnamese
Funding Methods	AstroPay, Bank Wire, China Union Pay, Credit Card, Giropay, iDeal, Neteller, PayPal, Perfect Money, POLi, Przelewy24, QIWI Wallet, Skrill, Sofort, Yandex, Boleto Bancario, Local Bank Transfer, Trustly, Debit Card, AdvCash, NganLuong.vn, Rapid Transfer, Nordea Solo, PSE, Webpay, HWG
Financial Instruments	Forex, Shares, Indices, Oil/Energies, Metals, ETFs
Prohibited Countries	Australia, Brazil, Canada, Guinea Bissau, Indonesia, Iran, Japan, Liberia, Northern Mariana Islands, Russia, Svalbard and Jan Mayen, East Timor, Turkey, United States, Bonaire, Sint Eustatius and Saba, Curacao, South Sudan

24 hour support

Segregated Accounts

Islamic Accounts

Accepts Canadian clients

Accepts Japanese Clients

Non expiring demo

Trading API

Cent accounts

Negative balance protection

Social trading

Regulatory deposit insurance

Trailing stops

Bonuses

Interest on margin

Fixed spread

Variable spread

RoboForex Web traffic

Our web traffic data is sourced from SimilarWeb and sums the traffic data of all websites associated with a broker. Organic visits are visits the broker didn't pay for, based on the available data. This data updates once monthly and can be based on data purchased from internet service providers, traffic metrics sourced by a third party such as Google Analytics that the company chooses to share with SimilarWeb, etc.

Websites	roboforex.com
Organic monthly visits	4,430,397 (91%)
Organic traffic rank	11 out of 829 (Forex Brokers)
Paid monthly visits	464,434 (9%)
Total monthly visits	4,894,831
Bounce rate	45%
Pages per visit	3.40
Average visit duration	00:03:28.7930000

RoboForex Account types

	ProCent	Pro	ECN	R Trader	Prime
Commission	-		$20.00 Per 1 Million USD Traded	As Low As $0.50 Per Contract	$10.00 Per 1 Million USD Traded
Maximum leverage	2000:1		500:1		300:1
Mobile Platform	MT4 Mobile	MT4 Mobile, MT5 Mobile		Proprietary	MT4 Mobile
Trading platform	MT4, MT5, WebTrader			Proprietary	MT4, MT5, WebTrader
Spread Type	Variable Spread
Minimum Deposit	10			100	10
Minimum Trade Size	0.1	0.01		1	0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts

	ProCent
Maximum leverage	2000:1
Typical Spread	1.53
Trading platform	MT4MT5WebTrader
Mobile platform	MT4 Mobile
Spread type	Variable Spread
Minimum deposit	10
Minimum Trade Size	0.1
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts

	Pro
Maximum leverage	2000:1
Typical Spread	1.53
Trading platform	MT4MT5WebTrader
Mobile platform	MT4 MobileMT5 Mobile
Spread type	Variable Spread
Minimum deposit	10
Minimum Trade Size	0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts

	ECN
Commission	$20.00 Per 1 Million USD Traded
Maximum leverage	500:1
Typical Spread	0.43
Trading platform	MT4MT5WebTrader
Mobile platform	MT4 MobileMT5 Mobile
Spread type	Variable Spread
Minimum deposit	10
Minimum Trade Size	0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts

	R Trader
Commission	As Low As $0.50 Per Contract
Maximum leverage	500:1
Typical Spread	0.01 USD
Trading platform	Proprietary
Mobile platform	Proprietary
Spread type	Variable Spread
Minimum deposit	100
Minimum Trade Size	1
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts

	Prime
Commission	$10.00 Per 1 Million USD Traded
Maximum leverage	300:1
Typical Spread	0.3
Trading platform	MT4MT5WebTrader
Mobile platform	MT4 Mobile
Spread type	Variable Spread
Minimum deposit	10
Minimum Trade Size	0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts

RoboForex User Rating

4.5

(131)

RoboForex reviews by verified customers, cashback rebates, expert ratings, spreads & fees, leverage, demo accounts, downloads, trading platforms and more.

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RoboForex Cashback rebates

Get Cashback

We will beat any competitor offer!*

Cash back rebates are paid per round turn lot unless otherwise specified. 1 Lot = 100,000 base currency units traded.

	ProCent	Pro	ECN	R Trader	Prime
Forex	20% Of the Broker Revenue**				10% Of the Broker Revenue**
Oil / Energies	-	20% Of the Broker Revenue**			10% Of the Broker Revenue**
Metals	20% Of the Broker Revenue**				10% Of the Broker Revenue**
Shares / Equities	-	20% Of the Broker Revenue**			10% Of the Broker Revenue**
Indices	-	20% Of the Broker Revenue**			10% Of the Broker Revenue**
ETFs	-			20% Of the Broker Revenue**	-
Payment Options	Direct to broker account (Daily) Cash back is credited directly to your broker account daily. Monthly Cash Back Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.

	ProCent
Forex	20% Of the Broker Revenue**
Metals	20% Of the Broker Revenue**
Payment Options	Direct to broker account (Daily) Cash back is credited directly to your broker account daily. Monthly Cash Back Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.

	Pro
Forex	20% Of the Broker Revenue**
Oil / Energies	20% Of the Broker Revenue**
Metals	20% Of the Broker Revenue**
Shares / Equities	20% Of the Broker Revenue**
Indices	20% Of the Broker Revenue**
Payment Options	Direct to broker account (Daily) Cash back is credited directly to your broker account daily. Monthly Cash Back Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.

	ECN
Forex	20% Of the Broker Revenue**
Oil / Energies	20% Of the Broker Revenue**
Metals	20% Of the Broker Revenue**
Shares / Equities	20% Of the Broker Revenue**
Indices	20% Of the Broker Revenue**
Payment Options	Direct to broker account (Daily) Cash back is credited directly to your broker account daily. Monthly Cash Back Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.

	R Trader
Forex	20% Of the Broker Revenue**
Oil / Energies	20% Of the Broker Revenue**
Metals	20% Of the Broker Revenue**
Shares / Equities	20% Of the Broker Revenue**
Indices	20% Of the Broker Revenue**
ETFs	20% Of the Broker Revenue**
Payment Options	Direct to broker account (Daily) Cash back is credited directly to your broker account daily. Monthly Cash Back Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.

	Prime
Forex	10% Of the Broker Revenue**
Oil / Energies	10% Of the Broker Revenue**
Metals	10% Of the Broker Revenue**
Shares / Equities	10% Of the Broker Revenue**
Indices	10% Of the Broker Revenue**
Payment Options	Direct to broker account (Daily) Cash back is credited directly to your broker account daily. Monthly Cash Back Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.

Notes

Each card used for a deposit transaction on the account must be verified by the broker before rebates will be credited to the account.

Cent Affiliate, Pro Affiliate and ECN Affiliate accounts offered by the broker, yet not offered on our website, contain intentionally increased spread values and commissions for a transaction.
These accounts are against our no markup policy and will only be verified at your specific request. See the difference in trading conditions via the link on Broker revenue note below.

* Some exclusions may apply
**Broker revenue can be found on the RoboForex Contract Specifications web page.

What are RoboForex rebates?

RoboForex rebates are a portion of the transaction cost that is paid back to the client on each trade, resulting in a lower spread and improved win ratio. For example, if your rebate is 1 pip and the spread is 3 pips, then your net spread is only 2 pips.

Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Forex rebates truly reduce the costs of the transaction and improve their bottom line.

How do RoboForex rebates work?

When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.

Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2007, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.

How much RoboForex rebates can I earn?

Use our forex rebate calculator to estimate your RoboForex rebate earnings:

Instrument

Deposit currency

Rebate per lot

Lots traded

You must enter a valid number

EUR.USD 1 Pip Size

Are RoboForex rebates a scam; do my spreads increase?

RoboForex rebates paid by legitimate rebate providers are not a scam, however scams do exist. The most common scam is a rebate provider that marks up the spread or commission in order to pay a higher rebate than competitors. Many brokers do allow a referring party, or rebate provider, to markup costs to traders they refer. Obviously this defeats the purpose of the service provided by the rebate provider and thus jeopardizes the viability of the rebate provider’s reputation and business, so a reliable provider wouldn’t consider this. Besides this, certain rebate providers may not pay on time, or not at all. This is why it’s important to choose a reliable provider.

When working with a trustworthy rebate provider, there is no ‘catch’. It is more beneficial to a trader’s financial position to work with a rebate provider than solely with the forex broker.

Are there any other benefits to signing up for RoboForex rebates?

It depends on the rebate provider. Due to our unique relationship with many brokers, we have often mediated between brokers and clients in order to help successfully resolve client issues, including clients who are having withdrawal issues. Brokers are often very fast to respond to us, since we typically have many clients with them. Our knowledgeable support team is available 24 hours per day in 8 native languages & 23 total languages for any questions. We also offer trading tools, calculators, reviews and a robust forex education section.

How are forex rebates paid?

Because we deal with so many traders in so many different countries and serve 23 languages we have to cover a wide array of options. Here’s what we offer:

Forex rebate options vary per broker:

Monthly cash back	Payments are credited and sent automatically by the 12 of the month following the month rebates are earned in.
Spread or commission reduction	The trader actually receives reduced commissions and/or spreads. This is an exciting option offered by some of our top brokers.
Paid direct to brokerage account	Cashback is credited directly to the trader’s brokerage account, typically between 1-7 days after the trade is closed. This is another exciting options offered by some of our top brokers.

In the case of the ‘Monthly cash back’ rebate option, monthly payments can be paid via bank wire, Paypal, Skrill, Sticpay, China Unionpay, and Neteller. Some payment methods such as bank wire carries fees and often traders set a custom minimum payment amount in order to accumulate rebates and withdraw their rebates less often than monthly.

RoboForex Regulation / Money Protection

2.0

Company	Licenses & Regulations	Segregated Client Money	Deposit Compensation Scheme	Negative Balance Protection	Rebates	Max. Leverage Retail Clients
RoboForex Ltd	Belize - BZ FSC					2000 : 1

RoboForex Promotions

RoboForex Symbols

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