Overall, RoboForex can be summarised as a credible and trustworthy broker with advanced trading tools for pro-traders. Roboforex offers 24/7 support with a high trust score of 88 out of 99. Roboforex offers excellent client support 24/5.
🔎 Broker | 🥇 Roboforex |
⚖️ Regulating Authorities | IFSC |
🌐 Countries not accepted for trade | US, Canada, Australia, and Japan |
☪️ Islamic account (swap-free) | ✔️ Yes |
👍 Demo Account | ✔️ Yes |
📈 Maximum Leverage | 1:2000 |
☎️ Customer Support Hours | 24/7 |
☎️ Customer Support Channels | Email Live Chat Telephone |
Range of Markets Offered | Forex Stocks Indices ETFs Commodities Metals Energy Commodities |
💰 Minimum Deposit | R180 ZAR / $10 USD |
💻 Platform Types | MT4, MT5 |
🚀 Open an Account | 👉 Click Here |
RoboForex Review – 10 Key Point Quick Overview
- ☑️ RoboForex Overview
- ☑️ RoboForex Sign-Up Bonus
- ☑️ RoboForex Live Trading Account Overview
- RoboForex Demo Accounts Overview
- Roboforex Islamic, Swap-Free Account
- How to open a RoboForex account – Step by Step Guide
- RoboForex Minimum Deposit
- RoboForex Fees, Spreads, and Commissions
- RoboForex Deposit and Withdrawal Options
- Roboforex Pros and Cons
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 Overview
RoboForex has been in operation since 2009 and the brokerage firm is regulated by the International Financial Services Commission (IFSC). RoboForex offers its clientele exclusive trading platforms and technologies with more than 12,000 trading instruments 8 asset types made available.
RoboForex Sign-Up Bonus
RoboForex offers a sign-up bonus to all new applicants in the amount of $30 USD / R500 ZAR in initial funds. Traders will be able to withdraw the profit and the funds are offered without restriction.
How to Receive the $30 USD / R500 ZAR RoboForex Sign-up Bonus
- Open a cent or standard MT4/MT5-based account with USD or EUR as a base currency.
- Complete the verification procedure of identity, address, and phone number in the Members Area.
- Deposit at least 10 USD into the account via a bank card.
RoboForex Live Trading Account Overview
RoboForex offers fast order execution, optimal trading conditions, and a wide variety of live trading accounts to choose from.
RoboForex Prime Account
The RoboForex Prime account offers prime trading conditions and it is suitable for both currency and other markets.
🔎 RoboForex Account | 🥇 RoboForex Prime |
📈 Trading platforms and terminals | MT4 / MT5 |
R MobileTrader | |
💵 Minimum Deposit | $10 USD / €10 EUR / R160 ZAR |
📊 Spread | Floating from 0 pips |
➕ Max Leverage | 1:300 |
🎉 Deposit Bonus | ❌ No |
✅ Loyalty Bonus | All Offers |
🚀 Open an Account | 👉 Click Here |
RoboForex ECN Account
The RoboForex ECN Account is best suited to experienced traders and the account combines the highest order execution speed with very competitive trading conditions.
🔎 RoboForex Account | 🥇 RoboForex ECN Account |
📈 Trading platforms and terminals | MT4 / MT5 |
💵 Minimum Deposit | $10 USD / €10 EUR / R160 ZAR |
📊 Spread | Floating from 0 pips |
➕ Max Leverage | 1:500 |
🎉 Deposit Bonus | ❌ No |
✅ Loyalty Bonus | All Offers |
🚀 Open an Account | 👉 Click Here |
RoboForex R StockTrader Account
The RoboForex StocksTrader account is specifically for Stock Trading.
🔎 RoboForex Account | 🥇 RoboForex R StocksTrader |
📈 Trading platforms and terminals | R StocksTrader |
💵 Minimum Deposit | $10 USD / €10 EUR / R160 ZAR |
📊 Spread | from 0.01 USD |
➕ Max Leverage | 1:300 |
🎉 Deposit Bonus | ❌ No |
✅ Loyalty Bonus | ❌ No |
🚀 Open an Account | 👉 Click Here |
RoboForex ProCent Account
The ProCent Account is the perfect choice for traders who wish to test their strategies.
🔎 RoboForex Account | 🥇 RoboForex ProCent |
📈 Trading platforms and terminals | MT4 / MT5 |
R MobileTrader | |
💵 Minimum Deposit | $10 USD / €10 EUR / R160 ZAR |
📊 Spread | Floating from 1.3 pips |
➕ Max Leverage | 1:200 |
🎉 Deposit Bonus | All Offers |
✅ Loyalty Bonus | All Offers |
🚀 Open an Account | 👉 Click Here |
RoboForex Pro Account
The RoboForex Pro Account is the most popular choice amongst beginner traders.
🔎 RoboForex Account | 🥇 RoboForex Pro |
📈 Trading platforms and terminals | MT4 / MT5 |
R MobileTrader | |
💵 Minimum Deposit | $10 USD / €10 EUR / R160 ZAR |
📊 Spread | Floating from 1.3 pips |
➕ Max Leverage | 1:2000 |
🎉 Deposit Bonus | All Offers |
✅ Loyalty Bonus | All Offers |
🚀 Open an Account | 👉 Click Here |
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 Overview
RoboForex Demo Pro Account
The RoboForex Demo Pro Account replicates the parameters and trading conditions of the Live trading Pro Accounts.
🔎 RoboForex Demo Account | 🥇 Pro |
💵 Account Currency | USD |
➕ Max Leverage | 1:2000 |
⚙️Trading Instruments | 36 Currency Pairs |
Metals | |
📊 Spread | Floating from 1.3 points |
🚀 Open an Account | 👉 Click Here |
RoboForex Demo ECN Account
The RoboForex Demo ECN Account has similar parameters to the Prime Accounts, intended for Professional Traders.
🔎 RoboForex Demo Account | 🥇 ECN |
💵 Account Currency | USD |
➕ Max Leverage | 1:500 |
⚙️Trading Instruments | 36 Currency Pairs |
Metals | |
CFD | |
📊 Spread | Floating from 0 points |
🚀 Open an Account | 👉 Click Here |
RoboForex 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 |
🚀 Open an Account | 👉 Click Here |
10 Best Forex Brokers in South Africa for 2025
Rank
Broker
Review
Regulators
Min Deposit
Official Site
RoboForex Islamic, Swap-Free Account Overview
The RoboForex Islamic Swap-Free Forex trading account is available on the Metatrader4 platform. Swap-Free services are only available for cent and standard MetaTrader4-based accounts, as well as for Pro-Affiliate accounts.
When an applicant changes their account type to Swap-Free, all other forex trading conditions will remain intact, and the overnight commission will depend solely on the instrument and the volume of open positions.
The Applicant will open the account as per normal, followed by contacting RoboForex Live Support to convert their account to the Islamic Account option.
How to Open a RoboForex Account – Step by Step Guide
1. Step1: Sign Up
To start the registration process, simply click on the green open trading account button on their official website – roboforex.co.za
2. Step2: Complete Registration Form.
Complete the simple registration form and click on the Registration button below the online form.
3. Step3: Deposit
Now the applicant can make their first deposit and start to trade.
RoboForex Minimum Deposit
🔎 RoboForex Account | 💵 Minimum Deposit |
🥇 ProCent | $10 USD / R160 ZAR |
🥈 Pro | $10 USD / R160 ZAR |
🥉 ECN | $10 USD / R160 ZAR |
R Stocks Trader | $100 USD / R1600 ZAR |
Prime | $100 USD / R1600 ZAR |
Open an Account | 👉 Click Here |
RoboForex Fees, Spreads And Commissions
RoboForex Fees, Spreads, and Commission differ across the broker’s account selections.
🔎 RoboForex Account | 🥇 Prime | 🥈 ECN | 🥉 R StocksTrader | 🥇 ProCent | 🥈 Pro |
💵 Min Deposit | $10 USD / R160 ZAR | $10 USD / R160 ZAR | $100 USD / R1600 ZAR | $10 USD / R160 ZAR | $10 USD / R160 ZAR |
📈 Spread | From 0 pips | From 0 pips | From 0.01 USD | From 1.3 pips | From 1.3 pips |
💳 Commission for trading volume of 1 million USD | ✔️ Yes | ✔️ Yes | N/A | N/A | N/A |
🚀 Open an Account | 👉Click Here | 👉Click Here | 👉Click Here | 👉Click Here | 👉Click Here |
RoboForex Deposit and Withdrawal Options
RoboForex offers a wide variety of deposit and withdrawal methods and applicants can simply select the option that is most comfortable to them.
RoboForex Deposit Options
🔎 Payment System | 🏦 Bank Payments | 🔁 Electronic Payments | 💳 Bank Cards | 💵 Cash and Vouchers |
💰 Currency | USD, BRL | USD, EUR | USD, EUR | USD |
✅ Deposit Fee | 0% | 0% | 0% | 0% |
⏳ Processing Time | 1-3 Days | Up to 1 Day | Up to 1 Day | Up to 1 Day |
RoboForex Withdrawal Options
🔎 Payment System | 🏦 Bank Payments | 🔁 Electronic Payments | 💳 Bank Cards |
💰 Currency | USD | USD, EUR | USD, EUR |
✅ Withdrawal Fee | 0% - 1.5% | 0% - 1.9% | 2.6% + 1.3 USD / 1 EUR |
⏳ Processing Time | Up to 1 Day | Up to 1 Day | Up to 1 Day |
RoboForex Pros and Cons
✔️ Pros | ❌ Cons |
Tight spreads from 0 pips | Not FCA 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 is a well-regulated broker, which offers a wide selection of technological solutions, a wide variety of services, and an overall excellent trading experience.
You might also like: RoboForex Account Types Overview
You might also like: RoboForex Demo Account – Step by Step
You might also like: RoboForex Fees and Spreads
You might also like: RoboForex Islamic Account Overview
You might also like: RoboForex Minimum Deposit
You might also like: RoboForex Sign up Bonus
Disclaimer
There is a high level of risk involved when trading leveraged products such as Forex/CFDs. Traders should not risk more than they can afford to lose. Never trade or invest unless the process is fully understood. When trading or investing, traders must always take into consideration the level of their experience.
Frequently Asked Questions
Is Roboforex a scam or fake broker?
No, according to our research Roboforex is not considered a scam. Most of the respected experts in the financial market regard Roboforex as trustworthy and reliable.
How long does a withdrawal from Roboforex take?
Withdrawals from Roboforex are processed within 2 business days from 9:00 AM to 6:00PM (EET).
Will I have to pay any commission on withdrawals from Roboforex?
No, Roboforex does not charge any commission for withdrawals.
Can I practice forex trading with Roboforex before opening a live account?
Yes, traders who first want to familiarize themselves with Roboforex are welcome to open a demo account before they start trading on a live trading account.
What is the overall rating out of 10 for Roboforex?
The overall rating is 9/10
RoboForex
Table of Contents
Toggle