Roboforex is an online brokerage firm that offers trading services in forex, stocks, indices, and commodities. The company was founded in 2009 and has since become a popular choice among traders around the world.
Roboforex has its head office in Limassol, Cyprus, and has offices in more than 10 countries around the world. The company has over 200 employees, with its team consisting of experienced traders, analysts, and IT professionals.
Roboforex Regulation and Money Safety
Roboforex is regulated by the International Financial Services Commission (IFSC) of Belize, which ensures that the broker operates in compliance with international financial standards.
Roboforex is regulated by the International Financial Services Commission (IFSC) of Belize, which ensures that the broker operates in compliance with international financial standards. The IFSC is a regulatory body that oversees and regulates financial services providers in Belize, including online brokers like Roboforex. The commission's main objective is to protect investors and promote the integrity and stability of the financial system.
As a regulated broker, Roboforex is required to adhere to strict rules and regulations, including maintaining sufficient capital reserves, segregating clients' funds from the company's operating funds, and providing transparent and accurate reporting. This ensures that clients' funds are safe and secure, and that the broker operates in a fair and ethical manner.
Roboforex Minimal Deposit
The minimum deposit required to open a trading account with Roboforex is $10. This makes Roboforex a great option for traders who are just starting out and want to test the waters with a small amount of capital. Additionally, the low minimum deposit requirement allows traders to diversify their trading strategies across different account types and instruments without having to commit a large amount of funds upfront.
Roboforex offers Islamic accounts for clients who follow the principles of Shariah law. Islamic accounts operate in compliance with Islamic finance principles, which prohibit the payment or receipt of interest (Riba) and require that trades be made in a fair and transparent manner.
With an Islamic account, clients can trade forex, stocks, indices, and commodities without incurring any swap fees, which are fees charged for holding positions overnight. Instead, clients are charged a fixed commission fee, which is agreed upon at the time of opening the account. Islamic accounts are available for both individual and corporate clients and can be opened with a minimum deposit of $10.
Roboforex Bonus Offers
Roboforex offers several bonus programs for its clients, including a welcome bonus of up to 120%, a deposit bonus of up to 50%, and a cashback program of up to 15%. These bonuses can help traders increase their trading capital and improve their profitability.
- Welcome Bonus: New clients who open a trading account with Roboforex can receive a welcome bonus of up to 120% on their first deposit. The bonus amount depends on the deposit amount, with higher bonuses offered for larger deposits.
- Deposit Bonus: Roboforex offers a deposit bonus of up to 50% for existing clients who make a new deposit into their trading account. The bonus amount depends on the deposit amount and the type of account.
- Cashback Program: Roboforex offers a cashback program for its clients, which allows them to receive cash rebates on their trades. The cashback amount depends on the volume of trades and the type of account.
- Tradable Protection: This bonus program offers protection against losses on the first five trades made after a client opens a new account with Roboforex. If the client incurs losses on these trades, Roboforex will refund the losses up to a certain amount.
- Classic Bonus: This bonus program offers a bonus of up to 120% on deposits made by clients who have been trading with Roboforex for more than 6 months.
- Profit Share Bonus: This bonus program allows clients to receive a share of Roboforex's profits based on their trading volume. The more the client trades, the higher their share of the profits.
It's important to note that bonus offers may be subject to certain terms and conditions, such as minimum trading volume requirements or time limits. Traders should carefully review the terms and conditions of each bonus offer before deciding to participate.
Roboforex Trading Contests
Roboforex regularly holds trading contests for its clients, where traders can compete against each other and win cash prizes. These contests are a great way for traders to test their skills and earn extra income.
The List of Roboforex Advantages
- Low minimum deposit
- Regulated by IFSC
- Wide range of trading instruments
- Multiple account types to choose from
- Competitive spreads and commissions
- Fast and reliable trade execution
- User-friendly trading platforms
- Educational resources and market analysis tools
- Multilingual customer support available 24/7
The List of Roboforex Disadvantages
- Limited payment options
- No US clients accepted
- Limited research and analysis tools compared to other brokers
Overall, Roboforex is a reliable and trustworthy broker that offers a wide range of trading instruments, competitive trading conditions, and excellent customer support.
While it may have some limitations, such as limited payment options and research tools, it still provides a great trading experience for both novice and experienced traders. If you're looking for a broker to start trading with, Roboforex is definitely worth considering.