What We Tested
- Account type: Pro Account and Prime Account ($500 starting balance for test)
- Platform: MT4/MT5 Desktop
- Trading period: 5 months, 100 trades executed
- Pairs tested: EURUSD, USDJPY, XAUUSD
- Withdrawal tests: 3 successful (Skrill, Bank Wire)
- Support tests: 4 inquiries via live chat
Our tests looked at how fast and steady the Prime ECN account fills orders. We also checked the policy of 3 free withdrawals.
Regulation & Safety
RoboForex’s main regulator is Tier-3. A private body adds to client safety:
- IFSC (Belize) – Tier-3 regulator. Someone is watching, but there is little cover if the money goes.
- Financial Commission – Category "A" member (External Dispute Resolution body). It protects up to €20,000 per case.
How licences work and what offshore routing changes: Offshore Brokers: Jurisdiction Risk · How Regulated Brokers Scam Legally
Spreads & Execution
| Pair/Asset | Pro Avg Spread | Prime/ECN Avg Spread | Commission (Prime) |
|---|---|---|---|
| EUR/USD | 1.3 pips | 0.0 pips | $4.00/lot RT |
| GBP/USD | 1.8 pips | 0.4 pips | $4.00/lot RT |
| XAU/USD (Gold) | 30 pips | 15 pips | $4.00/lot RT |
Pro Account (standard) is commission-free with markup. Prime/ECN accounts offer raw spreads with commission.
Execution Model and Quality
- Execution Model: NDD (Non-Dealing Desk) on Prime/ECN accounts.
- Fill Reliability: Very fast. Optimized for EAs and scalping.
- Speed: High. Suitable for high-frequency trading.
Execution is reliable and fast, above all on the Prime and ECN accounts. This confirms their NDD/STP execution flow.
What sits behind these execution numbers: Slippage and Latency · Anatomy of an Order · Trading terms glossary
CopyFX: Proprietary Copy Trading Platform
CopyFX is RoboForex’s own social trading system. Clients can join as followers or as professional signal providers:
- Followers: Can copy successful traders directly into their MT4/MT5 accounts.
- Providers: Can earn up to 85% commission on the spread generated by their followers.
- Transparency: Shows detailed stats on risk, profit and drawdown for each provider.
CopyFX is one of the most mature in-house copy trading systems out there. It has advanced risk controls for anyone who automates a portfolio.
Account Types & Fees
Standard-type account
- Min deposit: $10
- Spreads: From 1.3 pips (markup included)
- Commission: $0
- Best for: General traders and beginners.
Raw-spread account
- Min deposit: $10
- Spreads: From 0.0 pips (raw)
- Commission: $4.00/lot RT
- Best for: ECN traders, scalpers.
Standard-type account (from $10)
- Min deposit: $10
- Spreads: From 1.3 pips (markup included)
- Commission: $0
- Best for: Beginners testing strategies with small risk.
Other Fees
- Deposit fees: $0 (all methods)
- Withdrawal fees: $0 (First 3 per month) (Subsequent fees apply).
- Inactivity fee: None
- Swap rates: Standard overnight financing applies; Islamic accounts available.
Deposits & Withdrawals (Tested)
RoboForex offers a unique policy of 3 free withdrawals per month:
| Method | Amount | Processing Time | Fees | Notes |
|---|---|---|---|---|
| Credit Card/Debit Card | $200 | 1 business day | $0 (3x/month) | Broker covers fees for three withdrawals. |
| Bank Wire | $500 | 3-5 business days | $0 (3x/month) | Fees may apply after the free limit. |
| Skrill/Neteller | $100 | Same day (1 hour) | $0 (3x/month) | Fastest method tested. |
How payout problems start at weaker brokers: Withdrawal Blocking Patterns
Platforms & Tools
- MetaTrader 4 & 5 (MT4/MT5): Full support for EAs and custom indicators.
- CopyFX: In-house copy trading platform (Social Trading).
- R Trader: In-house multi-asset platform for stock CFDs and analysis.
- Tools: Free VPS hosting and built-in Autochartist.
Our Take: Platform choice is excellent. You get in-house platforms (CopyFX, R Trader) as well as the key MT4/MT5 support.
Customer Support (Tested)
RoboForex offers 24/7 support in many languages:
- Live Chat: 24/7, highly responsive, professional staff.
- Phone Support: Dedicated global lines (high quality).
- Quality: Staff are professional and fast. They know the platform tools and fee structure well.
24/7 support is reliable and fast. They need it with so many account types and clients around the world.
PROS
- Very low ECN commission on Prime Account ($4.00 RT).
- 3 free withdrawals per month (covers cost of bank wire/e-wallets).
- Excellent platform variety (MT4, MT5, CopyFX, R Trader).
- High max leverage (1:2000) for high-risk strategies.
- Cent Accounts available for micro trading ($10 min).
- Member of the Financial Commission (up to €20,000 protection).
CONS
- The main licence is Tier-3, from the IFSC in Belize. Nobody is really watching.
- High maximum leverage (1:2000) is extremely dangerous.
- Standard account spreads are wide (1.3 pips min).
- CopyFX system complexity requires research.
Who Is RoboForex For?
- Great fit: Beginners on Cent Accounts and copy traders on CopyFX. Also ECN scalpers who want low commission rates and high leverage, used with extreme caution.
- Good fit: Traders who need the 3 free monthly withdrawals for frequent transfers.
- Not ideal: Traders who rank Tier-1 regulation (FCA/ASIC) above all else. Also anyone who cannot handle the risk of high leverage.
Final Verdict
RoboForex is a specialist broker with flexible account types, Cent and Prime. Its own platforms, CopyFX and R Trader, serve traders around the world.
The Prime ECN account is very competitive. Spreads start at 0.0 pips with a $4.00 RT commission. That makes it a strong pick for low-cost NDD trading.
The main drawback is regulation. The IFSC (Belize) license is weak. Still, membership in the Financial Commission adds a voluntary compensation layer. The aggressive 1:2000 leverage is a big risk factor.
How this score is calculated: Our testing methodology
