RoboForex
ECN account: 0.2 typical + $4 round-turn ≈ $6/lot — among cheapest commission tiers in our list
On this page
About the broker
RoboForex is a Belize-incorporated broker (since 2009) under IFSC oversight — our yellow-tier classification, sitting between truly offshore and tier-1 EU/UK regulators. Pricing is Pro/ECN style: 0.2 pip plus $4/lot ≈ $6 all-in, which is one of the cheapest setups in the regulated retail segment. Platforms include MT4, MT5 and R StocksTrader (proprietary equity-CFD platform).
IFSC Belize sits below FCA, ASIC and CySEC for consumer recourse — there is no equivalent compensation scheme. The aggressive pricing is real but is paired with weaker fallback if the broker fails. Most stable peers (FxPro, Tickmill) offer similar all-in cost under tier-1 regulators. RoboForex's 1:2000 leverage on some accounts is not available on its EU-passport entity — check which entity onboards you.
RoboForex offers six account types: Pro-Cent (cent-denominated), Pro-Standard (1.3 pip typical), Pro-ECN (raw + $20/lot commission — the highest in our list, but with very tight raw spread), Prime, R StocksTrader (proprietary stocks platform with 12,000+ tickers), and CopyFX (social trading). Retail onboards through RoboForex Ltd (Belize FSC, since 2020 after the IFSC name change) — no tier-1 licence in the group. Strong for traders wanting wide instrument coverage and active-trader rebates; weaker on regulatory protection compared with FCA/ASIC peers.
Pricing
- Avg spread
- 0.20 pip
- Commission
- $4.00 / lot
- Min deposit
- $10
- Max leverage
- 1:500
Realised cost · EUR/USD · RoboForex
| Position | Spread cost | Commission | Total |
|---|---|---|---|
| 0.1 lots | $0.20 | $0.40 | $0.60 |
| 1 lot | $2.00 | $4.00 | $6.00 |
| 10 lots | $20.00 | $40.00 | $60.00 |
Regulation
- International Financial Services Commission (Belize)
Belize IFSC — light-touch regulation, no compensation scheme. Verify: ifsc.gov.bz
Platforms
Payment methods
Deposit
- Visa / Mastercard / JCB cards for funding trading accountsFee: 0% from RoboForex; payment system may charge 1–3%
- Local bank transfers in national currencyFee: 0% from RoboForex
- International bank transfers (SWIFT wire) in USD/EUR and other currenciesFee: 0% from RoboForex; sender bank may charge
- Skrill e-wallet for quick top-upsFee: 0%, min $10, credited within 1 day
- Neteller e-walletFee: 0%, min $10, credited within 1 day
- Other e-wallets: AstroPay, Perfect Money, WebMoney, AliPay, etc.Fee: 0% under "Deposit Without Commission" program
- QR codes and coupons (limited amounts)Fee: 0% from RoboForex
- Internal transfers between RoboForex accountsFee: 0
Withdraw
- Local bank transfer to client accountFee: 0 to several %; often 0% via Free Funds Withdrawal promo
- International bank transfer (SWIFT wire)Fee: Bank-dependent; RoboForex compensates some under Free Funds Withdrawal
- Withdrawal to Visa / Mastercard / JCB cardsFee: Up to 2.6% + $1.3; exact value varies by region/scheme
- Withdrawal to SkrillFee: 0% standard; 0% guaranteed on 1st and 3rd withdrawal of the month (Free Funds Withdrawal)
- Withdrawal to NetellerFee: 0% or low; 0% under Free Funds Withdrawal
- Withdrawal via AstroPay, Perfect Money, AliPay, and other e-walletsFee: 0–4% depending on method; some free via Free Funds Withdrawal
- Withdrawal via QR codes and coupons (limited amounts $10–500)Fee: Method-dependent, often 0%
- Auto-withdrawal for some e-wallet methods; processed within ~1 minute, 24/7Fee: As per selected method; 0% on 1st and 3rd Free Funds Withdrawal requests
Who this fits
Fits if
- ✓You're in a non-restricted, non-EU-focused jurisdiction and want ECN-style $6/lot pricing at a $10 entry minimum
- ✓You scalp or trade at volume — ECN account delivers among the cheapest commission tiers in our list
- ✓You value the Free Funds Withdrawal promo (1st and 3rd e-wallet withdrawals of each month processed fee-free)
- ✓You want offshore ultra-high leverage (up to 1:2000) on the separate Pro account tier
- ✓You like a daily cashback scheme layered on trading activity
Avoid if
- ✕You live in the US, Canada, Japan, Australia, Brazil, Russia/Ukraine/Belarus, Turkey, Indonesia, or OFAC-sanctioned — 18 restricted
- ✕You need tier-1 regulator cover — IFSC (Belize) only, no FCA / ASIC / CySEC, no FSCS-equivalent compensation
- ✕You confuse the account tiers — Pro (spread-only, 1:2000) and ECN ($4 commission, 1:500) differ materially in fee composition and leverage
- ✕You're attracted primarily by cashback marketing — realised cashback rarely matches headline numbers against actual trading cost
Compare to other brokers
Frequently asked
What licence does RoboForex hold?
RoboForex is regulated by IFSC. Verify on each regulator's public register before opening an account.
What are RoboForex's fees and commissions?
Standard tariff: ECN (MT4/MT5). Commission per trade: 4%. Minimum deposit: $10. Detailed pricing in the section above.
How do I open an account at RoboForex?
Online onboarding: visit RoboForex's site, complete the application (ID + tax number), pass identity verification, fund the account ($10 minimum). Open an account: https://my.roboforex.com/en/?a=vtv.
What trading platforms does RoboForex offer?
RoboForex provides: MetaTrader 4, MetaTrader 5, R Stocks Trader.
What is RoboForex's minimum deposit?
$10.