RoboForex does offer multiple free demo trading accounts for beginners to start training on: Demo Pro Account, Demo ECN Account, and Demo RStocksTrader. Practice forex trading in a 100% risk-free environment.
Min Deposit USD 10 Regulators IFSC Trading Platform MT4, MT5 Crypto No Total Pairs 36 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
RoboForex Demo Accounts – Key Points Quick Overview
- ☑️RoboForex at a Glance
- ☑️Demo Accounts Overview
- ☑️How to Open a RoboForex Demo Account – Step by Step Guide
- ☑️Demo Account Funding
- ☑️Pros and Cons
- ☑️Conclusion
- ☑️Frequently Asked Questions
RoboForex at a Glance
| Company Information | |
| 🏷️ Company Name | RoboForex Ltd |
| 📍 Headquarters Location | 2118 Guava Street, Belama Phase 1, Belize City, Belize |
| 📅 Year Established | 2009 |
| 🌐 Global Offices | Belize additional entities include RoboGate Ltd in Gibraltar |
| 🔖 Licensing Body | Financial Services Commission (FSC) Belize, License No. 000138/32 |
| 👥 Group Companies | RoboForex Ltd, RoboGate Ltd |
| 🏛️ Business Model | Hybrid STP/ECN without a dealing desk |
| Regulation and Security | |
| 🛡️Regulation | Regulated by FSC Belize member of The Financial Commission |
| ✔️ Compliance Standards | Adheres to international financial regulations |
| 🪫 Negative Balance Protection | Yes |
| 🕵️♂️ Financial Conduct Oversight | Member of The Financial Commission |
| 💰 Insurance Coverage | Compensation Fund up to €20,000 per case |
| 📋 AML & KYC Policy | Implements standard AML and KYC procedures |
| 🔒 Security of Trading Platform | Secure platforms with encryption protocols |
| 🛡️ Investor Compensation Fund | Yes, through The Financial Commission |
| Account Types and Features | |
| ➕Accounts | Standard, Pro-Cent, ECN, Prime, R Trader |
| 💰Minimum Deposit | USD 10 / 183 ZAR |
| 📇Minor account currencies | USD, EUR, GBP, CHF, BTC |
| 📈Leverage | Up to 1:2000 |
| 📊Spreads from | 0.0 pips (ECN accounts) |
| 🌐 Account Currency Conversion | Supported |
| 🔄 Hedging Allowed | Yes |
| ⚡ Scalping Allowed | Yes |
| 🔁 Copy Trading Support | Yes, via CopyFX |
| 👥 Social Trading Features | Yes, via CopyFX |
| 💼 Managed Accounts | Not specified |
| 🕞Average deposit/withdrawal processing time | Instant for deposits, 1-3 business days for withdrawals |
| 🪙Fund Withdrawal Fee | No fees on most methods |
| 💸Commissions | Varies (None on Standard, from $2 per lot on ECN) |
| 💱Number of base currencies supported | 9+ |
| 🚀Swap Fees | Yes |
| 📏Margin requirements | 50% |
| ☪️Islamic account (swap-free) | Yes |
| 💻Demo Account | Yes |
| ⌛Order Execution Time | 0.1 seconds on average |
| 📆VPS Hosting | Free VPS for qualifying accounts |
| Trading Conditions | |
| 🧾CFDs-Total Offered | 12,000+ |
| 📉 Stocks | Yes |
| 🌾 Commodities | Yes |
| 💹 Forex Currency Pairs | Yes |
| ₿ Cryptocurrencies | Yes |
| 📈 Indices | Yes |
| 🪙 Precious Metals (Gold/Silver) | Yes |
| 🗠CFD Stock Indices | 10+ |
| ⛽ Energies (Oil/Natural Gas) | Yes |
| 🗂️ ETFs | Yes |
| ⚖️CFD Commodities | 10+ |
| 📜CFD Shares | 3,000+ |
| Deposits and Withdrawals | |
| 💳Deposit Options | Bank Transfer, Credit/Debit Cards, E-Wallets, Cryptocurrencies |
| 💵Withdrawal Options | Bank Transfer, Credit/Debit Cards, E-Wallets, Cryptocurrencies |
| ⏱️ Processing Time for Deposits | Instant for most methods. |
| Trading Platforms and Tools | |
| 💻Trading Platforms | MetaTrader 4, MetaTrader 5, cTrader, R Trader |
| 👩💻OS Compatibility | Windows, MacOS, iOS, Android |
| 🤖 Trading Bots | No |
| 🖧 VPS Services | Not specified. |
| ⚠️ Risk Management Tools | Available. |
| 🖥️Forex trading tools | Trading Central, Autochartist, VPS, CopyFX |
| 📉 Charting Tools | Available |
| 🧠 Market Sentiment Analysis | Available |
| 🏷️ Advanced Order Types | Supported. |
| 🧮 Custom Indicators | Supported. |
| 🔌 API Connectivity | No |
| Customer Support | |
| 🗣️Live chat availability | Yes 24/7 |
| 📱Customer Support email address | [email protected] |
| 📞Customer Support Contact Number | +65 3158 8389 |
| ❓ Help Center/FAQ | Available. |
| ⭐ Support Rating | Generally positive |
| ⏲️ Response Time (Live Chat) | Within a few minutes. |
| 👾Social media Platforms | Facebook, Twitter, LinkedIn, Instagram, YouTube |
| 🗣️Languages supported on Website | 18+ |
| Educational Resources and Support | |
| 🖺Forex course | Yes |
| 🧏♀️Webinars | Yes |
| 🏫 Seminars | Not specified. |
| 📊 Market Analysis Reports | Provided |
| 🎥 Webinars | Free online courses available |
| 📖 Trading Tutorials | Available |
| 📚 E-Books | No |
| 🎬 Video Library | Available |
| 📚Educational Resources | Articles, Video Tutorials, Analysis Tools |
| 🆕 Beginner Guides | Available |
| 🚀 Advanced Trading Strategies | Not specified. |
| 📜 Glossary | No |
| Partnerships and Programs | |
| 🪪Affiliate program? | Yes |
| 👨🏫Amount of partners | 15,000+ |
| 📋IB Program | Yes |
| 🪙Rebate program | Yes |
| 🏷️ White Label Solutions | Available |
| 🎁 Partnership Rewards | Offered |
| 🏛️ Institutional Solutions | No |
| 🔌 API Partnership | No |
| 🤝 Referral Program | Yes |
| Market Research Tools | |
| 📅 Economic Calendar | Provides up-to-date information |
| 📰 Market News | Offers forex forecasts and weekly |
| 📩 Trading Signals | Yes |
| 🏃♂️➡️Do they sponsor any notable events or teams? | Yes |
| 👉Open Account | 👉Open Account |
Demo Accounts Overview
RoboForex Demo Pro Account
The RoboForex Demo Pro Account replicates the parameters and trading conditions of the Live Trading Pro Accounts.
RoboForex Demo ECN Account
The RoboForex Demo ECN Account has similar parameters to the Prime Accounts, intended for Professional Traders.
Demo R StocksTrader Account
The RoboForex Demo R StocksTrader Account enables working through the R StocksTrader Platform with access to the largest global market.
| 🔎 RoboForex Demo Account | 🥇 R StocksTrader |
| 💵 Account Currency | USD |
| ➕ Max Leverage | 1:200 |
| ⚙️Trading Instruments | 12,000+ |
| 📊 Spread | Floating from 0 points |
| 📝Sign up | 👉 Open Account |
How to Open a RoboForex Demo Account – Step by Step
To register for and set up a demo account with RoboForex, traders can follow these steps:
Step 1: Start on the RoboForex Landing Page.
Navigate to the RoboMarkets website and hover over the ‘Trading’ tab, and select ‘Demo Accounts’ from the dropdown menu.
Step 2: Click on the Open Demo Account Banner.
The trader will be redirected to a new page where the ‘Open Demo Account’ banner can be clicked.
Step 3: Registration
The trader will be redirected to an online application where the required fields about an email address, First and Last name, and mobile phone have to be completed.
The applicant must confirm that they are at least 18 years of age.
Step 4: Select Account Type
The applicant will be met with the following screen and can now select +Add Account.
Step 5: Select Demo Account and Complete the Process.
The trader can select their preferred trading platform, demo account type, leverage, and virtual start deposit before clicking ‘Confirm’.
Min Deposit
USD 10
Regulators
IFSC
Trading Platform
MT4, MT5
Crypto
No
Total Pairs
36
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Demo Account Funding
Min Deposit USD 10 Regulators IFSC Trading Platform MT4, MT5 Crypto No Total Pairs 36 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Pros and Cons
| ✅ Pros | ❌ Cons |
| Tight spreads from 0 pips | Not FSCA Regulated |
| Fast order execution | No fixed spread accounts |
| 5 account currencies (EUR, USD, GOLD) | Don't accept clients from US, Canada, Australia or Japan |
Conclusion
Overall, RoboForex offers new applicants multiple free demo trading accounts on selected account types – Demo Pro Account, Demo ECN Account, and Demo RStocksTrader.
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Frequently Asked Questions
Can traders from South Africa open a demo account with Roboforex?
Yes, South African traders can also open a Demo Pro Account, a Demo ECN Account, and a Demo RStocksTrader.
Can I convert my demo account to a live trading account with Roboforex?
Yes, by adding a minimum deposit of 10$ / ZAR 150, you can convert a demo to a live trading account.
What is the difference between a demo and a live trading account?
A demo account is funded with virtual money, whereas you trade real money with a live trading account.
Which live trading accounts does Roboforex offer?
Standard Account, Cent Account, ECN-Pro Account, Prime Account, RTrader Account, Islamic Account.
Does Roboforex offer an Islamic Account?
Yes. What are the available deposit currencies for a live trading account?AUD, CAD, CHF, GBP, EUR, NZD, USD.
