Robo Forex Broker

Name of the Company RoboForex Lp
Established in 2009
Online since 2010
International Offices in Egypt, Hong Kong, Indonesia, Latvia, Malaysia, Moldova, Republic of New Zealand, Romania, Russian Federation, Taiwan, Thailand
Payment Methods CashU, Credit/debit cards, Liberty Reserve, Moneybookers, WebMoney, Wire transfer
Demo Accounts and Platforms MetaTrader 4, MetaTrader 5, Integral FX Power Trader
Account currencies Euro, United States Dollar
Different Currency pairs AUD/CAD  AUD/CHF  AUD/JPY













Regulated and Registered by FSCL (New Zealand), FSP (New Zealand)
Are US Traders Allowed? No
Bonus? (detailed)
Languages in which website is available? Chinese, English, Indonesian, Malay, Russian
Languages in which Support is available? Chinese, English, Indonesian, Malay, Russian
Different Support methods Email, Live Chat, office, Phone, Skype, Web form
 Types of Account (micro standard executive islamic) Fix Cent, Fix- Standard, Pro-Cent, Pro- Standard, Pro-ECN, ECN- Fix NDD
Or others.
Minimum account size $10
Minimum position size 0.001 lot
Type of Spread Fixed
Typical spread on EUR/USD, pips
Minimum spread on EUR/USD, pips 2
Is Scalping Allowed Forbidden
Is use of Expert advisors allowed? Allowed
Types of Trading instruments (GOLD; CFD, etc. and the leverage) Forex- 1:500, Gold & Silver- 1:200
Real Trading platforms MetaTrader 4, MetaTrader 5
Digits after the dot in quotes 4
Margin call level 40%
Stop-out level 10%
Total Number of currency pairs 48
·         Interest rate on funds Yes
Any Bonus offers Yes
Any Trading contests Yes
Any MAM accounts Yes
Affiliate program available? Yes
Islamic accounts available Yes
·     Is    Hedging allowed? Yes
Overnight interest rates (swaps) Yes
Do they allow Trailing stop? Yes
Do they allow Pending orders? Yes
Is One-click trading option available? Yes
Mobile trading allowed? Yes
Automated trading present? Yes

roboforexRobo Forex LP was founded in the year 2009 but they started their internet based online trading service only in the year 2010. The company is well regulated in New Zealand by FSCL and FSP and is mainly involved in providing individuals, institutes and organization, the opportunity to trade in the International market. They have their offices in many countries which suggest its wide customer base. They offer various services to keep the traders interested in the company and its working. They also offer interest rates on the funds deposited in the trader’s account. Various bonus offers are also offered which add to the funds of the customers. Trading contests are also conducted time to time to keep the trader engaged in activities other than that of forex trading. Affiliate program helps the trader to gain money by referring their friends, family and acquaintances. The other services include trailing stops, pending orders, one click trading, mobile trading and automated trading. They allow trading in 48 currency pairs.

The demo account is also available to the customers for free and the trading platform includes Meta Trader 4, Meta Trader 5 and Integral FX Power Trader. However, for real trading account the trading platform include only Meta Trader 4 and 5. The payment methods are many and help in easy deposit as well as withdrawal of funds. The customer support service and the website are multilingual and is available in 5 languages. The customer support staffs are well trained to handle all your trade related issues and can be reached via email, phone, live chat, Skype, web form and office.  They have many account types to choose from and the minimum deposit required to open an account with them is $10 with minimum trade size of only 0.001 lots and the spread on the trade is fixed.

The reviews are the best way to find about a company’s performance and the quality of service that it provides to its customers. The feature that is liked most by the clients that they have their website as well as customer support service in multiple languages. Their customer support is lauded for being quick and highly responsive. They offer 6 different types of accounts to their customer and hence the customers have the liberty to select the one that suits their needs the best. The minimum deposit required to open an account with them is $10 and is loved by many traders. Their payment options are varied and are liked for being easy and hassle free. A few cons mentioned in the review is that the account currency is less and that they do not allow the use of scalping while trading, however, the use of Expert Advisor is allowed. Hedging is also allowed to the customer and is liked by many. Their overall reviews as mentioned on the internet are very positive and the average rating given to the company by its clients is 6.2 out of 10 and speaks for itself.

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