RoboForex reviews




Average: 4.1 based on 14 reviews
4.1
RoboForex

RoboForex Forex broker reviews

Follow discussion about RoboForex


  • Website: www.roboforex.com
  • Year since: 2010
  • Headquarters: Auckland, New Zealand
  • Company registration: ROBOFOREX LP, reg.#2538375, New Zealand
  • Regulation: FSPR, FSCL New Zealand (#4148)

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REVIEWS & RATINGS

Rating interpetation



new B

May 16, 2012



2 year Total
4 mounth with this Broker


big scam


Iraq, Ola

April 27, 2012



3 Years Live Total
4 Months Live with this Broker


This broker will let you make a money for a while then will wipe up your account in different ways. I will list their ways below:

1. Re-quoting, they don't do that a lot but they seem wait for the right opportunity to do it when they do it, will make you loss a massive amount within seconds. This problem occurred on both live and demo account.
Check their price of GBPUSD on 27 Apr 2011 the lowest price that day with most brokers was 1.61530 but their lowest price was 1.61243 and if you look at their H1 chart on 27 Apr 2012 at 0:00 GMT +2 you will see the re-quoting very clear. The moment the market started the other day they did their re-quoting.
The most Interesting thing is that they have the same lowest price on what they call it ECN account.

2. Server disconnection, that's their main key to make you loss money. The server gets disconnected during important trading times, especially around the news or if you have big trades or lots open. This problem occurred only on live account.

3. Slow execution. So if you try to open an order with market execution once click buy or sell the server will take a nap until execute this order so you won't get the same price you tried to execute. This problem occurred only on live account.

How this broker will attract you? The answer with their very low spread and fast withdrawal.

Be careful and never thing to invest a penny with this broker.


Bangladesh, shaid

April 10, 2012



6 months Total
3 weeks with this broker with this Broker
5


I test many MT4 platform, their MT4 is so nice I like very much the one-click order script and their spread is also nice.
as a small trader I think it is very suitable for beginner.
I say again One-click trade system I like very much. their web-trader also with one-click trade system.

Good execution, No requoetes on ECN account! Best broker!


Philippines, Jim

March 5, 2012



2 Total
6 months with this Broker
5


Very good broker! Fast payment processing. Never experienced any problems.


REAL_tRADER

February 20, 2012



17 Total
6 with this Broker
1


In two clear words: pure scam.

Nothing else. Ruskaja mafia.


trader

February 6, 2012



1 mnt demo Total
3 mnt live with this Broker


scam


Dr Mohammed Nizam Uddin

January 12, 2012



18 months, 18 months live trading, did not never demo Total
4 months with live trading with this Broker
5


Good execution, No requoetes on ECN account, pro account also fast, Smart withdrawl and deposition, customer support is not good, it should be improved.

I have no problem with that broker except customer support. delay and can not able to provide good one stop service.

safety on fund withdrawal, now it is regulated .

with thanks.
Dr Nizam,MBBS,PhD,MD
Bangladesh


Indonesia, AgenFX

January 3, 2012



5 Years Total
1 Years with this Broker
5


The Best Broker to Partner and trading, deposit and Withdrawal fast , rekomended


UAE mohamedmusni

November 19, 2011



4 months Total
After going through months of with this Broker
5


After going through months of reviews and blogs on the net i finally chose Robo forex , opening a account was straight forward, no extra headaches , well their customer support is a bit sloppy cos the answers are not in detail ,they don't have any problems with scalping which is a plus point , i started with a demo account and then went for a 40$ mini account and as usual it didn't last for a couple of days and i am not supriced cos we all know mini accounts go through a dealing desk
Now i am above to open a ECN account and will be updating you all on how it goes . the best way to prosper for a company is through word of mouth and not filling the net with advertisement so i hope they will keep their good reputation which they have managed till now .


Kuwait,eesa

November 4, 2011



3Month Total
1month with this Broker
4


Hey

2 things i dont like with this broker ... Live support ,they are very slow and sometimes i have to wait 3 to 4 mi to answer my Question ... and Opening live account is take 3-4 days and between no email no respond so you dont
know they are dead or live :P

but ...... the service 5/5 ... live account 5/5 ... robot 5/5 ... execution 5/5 ... i cant find anything wrong about LIve and Demo account ... they have Demo account contest , power Trader software , MT4 multiaccount , they support
EA and even if you have 500$deposit they give u VPS FREE ... and i love Rebates service ...

even you can open live account without deposit they give you 15$ deposit from Cent-Pro account and after it will be real money for you ( go and read Term Condition )

and most important they are from NZ and Lic registered ...

Thank You


Malaysia, kho

August 16, 2011



1 year Total
1 week with this Broker
1


Withdraw fast. But they charge commission on every lot you traded. Beside the open price is a bit different from what you set like I set EURUSD buy limit 1.4310 but end up it done at 1.4311. Last the bonus promotion like a scam to attract new user only.


Serbia Quix

June 29, 2011



3 years Total
4 months with this Broker


In begining execution was briliant. Then slow down like with any market maker . wide options for deposit widhdrawal but all time some problems with them. Customer service ar extremely unfamiliar to help You. Always try to put searching for solution on Your beck.. they provide just very basic chit chat....I think they just sitting there and drinking a coffie :P maybe interesting for beguiners but for any serious trading You should search for some much more realible broker. On the and: not regulated, no segregated accounts! that couple of facts tell us a lot.


Indonesia, seagate

May 12, 2011



3 years ago Total
2 years with this Broker
5


Excecuiton dealing its godd, withdrawl its very fast, im recomended this broker


Russia, Aleksey

February 7, 2011



3 years Total
5 months LIVE with this Broker
5


They are working with scalpers without problem. Very fast execution! Best broker!