My broker★★★★☆
Trading for a few years and still too good. No complaints
Forexcake Admin · Sep 1, 2026
RoboForex is the retail brand of the RoboMarkets group, trading since 2009 and built around MetaTrader 4/5 plus a proprietary multi-asset terminal, R StocksTrader. Most non-EU clients — including the $10-minimum, 1:2000-leverage accounts the brand markets hardest — sign with RoboForex Ltd, licensed offshore by Belize's FSC rather than by either of the group's two EU regulators. EU residents are instead routed to RoboMarkets Ltd (CySEC, Cyprus) or RoboMarkets Deutschland GmbH (BaFin, Germany), but the CySEC entity is not a clean reference point: it was ordered to stop offering retail clients non-monetary rewards in 2023, and paid CySEC a €100,000 settlement in 2026 over organisational, disclosure and CFD-marketing failures. Trustpilot reviews are heavily bimodal, with a large one-star cluster describing withdrawal holds tied to compliance reviews rather than routine delay.
Which entity you are onboarded to decides your regulator, protections and available leverage.
Spreads are only comparable when sampled on the same day at the same account tier.
Source: RoboForex — company/regulation overview (official) · last checked Sep 1, 2026 · confidence Medium
sampled Sep 1, 2026
Source: RoboForex — company/regulation overview (official) · last checked Sep 1, 2026 · confidence Medium
Source: RoboForex — company/regulation overview (official) · last checked Sep 1, 2026 · confidence Medium
Source: RoboForex — company/regulation overview (official) · last checked Sep 1, 2026 · confidence Medium
Varies by entity and client jurisdiction.
Source: RoboForex — company/regulation overview (official) · last checked Sep 1, 2026 · confidence Medium
Source: RoboForex — company/regulation overview (official) · last checked Sep 1, 2026 · confidence Medium
Source: RoboForex — company/regulation overview (official) · last checked Sep 1, 2026 · confidence Medium
Source: RoboForex — company/regulation overview (official) · last checked Sep 1, 2026 · confidence Medium
Source: RoboForex — company/regulation overview (official) · last checked Sep 1, 2026 · confidence Medium
Each dimension is scored 0–100 with a written rationale and its own weight. No single unexplained star.
Two verifiable EU licences exist — RoboMarkets Ltd on the CySEC register since 2013, and RoboMarkets Deutschland GmbH under BaFin ID 10154068 — but neither is the entity most of this site's readers would actually open. The $10-minimum, 1:2000-leverage accounts sit under RoboForex Ltd, licensed offshore by Belize's FSC (registration 9759600 under the 2021 Securities Industry Act; older material still cites a superseded IFSC number, 000138/32, and it is not clear from public sources which is authoritative today). Worse, the group's own EU arm is not a clean reference point: CySEC ordered RoboMarkets Ltd in August 2023 to stop giving retail CFD clients non-monetary rewards, then reached a €100,000 settlement with it in August 2026 over organisational, disclosure and CFD-marketing failures. Two enforcement actions against the same CIF in three years is a real mark against the entity that is supposed to be the reassuring one.
Five account tiers are named and priced on the official site, but the comparison table renders via JavaScript and returned nothing to automated capture, so these figures are triangulated across several independent reviews rather than a direct screenshot. Sources agree ProCent/Pro run commission-free with spreads from roughly 1.3–1.75 pips, but disagree materially on ECN and Prime — commission is cited anywhere from about $1 to $20 per lot round turn depending on source and date. A dated, manual capture of the live fee page is needed before these move from claimed to verified.
Cards, e-wallets, crypto and a long list of local bank/mobile-wallet rails are supported, and small deposits move quickly by most accounts. The problem is the withdrawal-specific review pattern: 773 Trustpilot reviews sit at 2.1/5 with 51% one-star against 37% five-star, and the negative cluster repeats a specific complaint — withdrawal requests cancelled or held after initial approval, tied to compliance/KYC review, not generic slowness. Card withdrawals also carry an outright fee (roughly 1.5% SEPA / 2.6%+$1.30 on cards), which is worse than several peers on this site.
MT4 and MT5 are fully supported, and the proprietary R StocksTrader adds a genuinely differentiated multi-asset web/mobile terminal with a no-code strategy builder and free back-testing — unusual at this price point. Free VPS for algo traders is a real, checkable perk. Marked down because independent reviews disagree on whether cTrader is offered at all: it appears on some comparison sites but not on RoboForex's own platforms page, and that kind of inconsistency should not exist for a broker with this much marketing spend.
An unusually explicit restricted-country list is published — the US, Canada, Japan, Australia, Russia, Belarus, Iran and the EU/EEA among others — and EU residents are correctly routed to the RoboMarkets/RoboMarkets Deutschland entities rather than the Belize one. What the broker's own marketing omits is any acknowledgement that Bangladesh Bank treats outward remittance for offshore leveraged CFD trading as restricted under the Foreign Exchange Regulation Act 1947 — bKash/Nagad/local-bank rails being technically available is not the same as the activity being clearly lawful for a Bangladeshi resident.
The base-currency restriction to USD/EUR only (added March 2024) and pro-rata bonus forfeiture on withdrawal are disclosed plainly enough. But the 2026 CySEC settlement covered failures in client-information and product-appropriateness procedures — process failures that sit squarely in this dimension, not just abstract regulatory box-ticking. Promotion wording on the main site could not be independently captured (JavaScript-blocked), so specific offer terms are unverified.
Trading continuously since 2009 under the same brand, with the CySEC entity licensed since 2013 and the BaFin entity added later as the group built out its EU footprint. Sixteen-plus years without a wind-down or brand collapse is a genuine positive, tempered by the licence-numbering confusion at the Belize entity and by two CySEC enforcement actions inside the last three years.
Trustpilot review volume is substantial (773) but split almost bimodally — 37% five-star, 51% one-star — and the negative cluster consistently names withdrawal holds and compliance reviews rather than generic slow service. The company's claimed 99% response rate to negative reviews helps its reputation management but does not resolve the underlying pattern, which is treated here as a real signal rather than dismissed as noise.
Member reviews are kept separate from our editorial assessment and from the provider score — they are moderated, not curated for tone.
Trading for a few years and still too good. No complaints
Forexcake Admin · Sep 1, 2026
If a field is missing here, treat it as unverified rather than as a negative.
Editor note: CySEC register entry for RoboMarkets Ltd was checked directly. The BaFin institution-detail page could not be fetched (portal returned a technical error), and Belize's FSC has no public register lookup we could locate, so both remain claimed rather than verified. The account/fee comparison table on roboforex.com renders via JavaScript and returned no data to automated capture — needs a manual, dated screenshot before the account-type figures move past triangulated-from-secondary-sources.