Is RoboForex a Scam or Legit?
RoboForex holds a valid FSC licence. The number is public and verifiable.
RoboForex is regulated under FSC licence 000138/210, issued to RoboForex Ltd. This licence appears in the FSC public register. RoboForex has been operating since 2009 — 17 years. Scam operations do not maintain long-term regulated status.
The FSC registration
| Regulator | FSC |
| Licence number | 000138/210 ✓ |
| Registered entity | RoboForex Ltd |
| Status | Authorised |
| Register | www.fscmauritius.org |
| Years regulated | 17+ |
What FSC regulation means for you
FSC-regulated brokers must meet conduct and capital requirements set by the regulator. Client funds must be held separately from company funds.
All regulatory licences
RoboForex holds 1 regulatory licence across different jurisdictions. The entity that applies to your account depends on your country of residence.
| Regulator | Licence | Entity | Max leverage |
|---|---|---|---|
| FSC | 000138/210 | RoboForex Ltd | 1:2000 max |
How to verify RoboForex yourself
Go to www.fscmauritius.org. Enter the licence number 000138/210 or search by entity name RoboForex Ltd. The result should show the entity name, authorisation status, and the specific regulated activities it is permitted to conduct.
This takes under a minute. If a broker cannot be found on the relevant regulator's register, that is a serious warning sign. All legitimate regulated brokers appear there.
Common complaints and what they mean
Most complaints about RoboForex fall into standard categories: withdrawal processing times, spread widening during news events, and account verification requests. These are normal business practices, not indicators of fraud.
None of these patterns indicate fraud. They are the normal complaints of a commercial brokerage enforcing its terms. Real forex scams operate without any regulatory licence, refuse all withdrawals, and disappear with client funds. That is not the profile of RoboForex.
Red flags that would indicate a real scam
When researching any broker, watch for these genuine warning signs:
- No licence number listed, or a licence that cannot be found on the official register
- Pressure to deposit more money to unlock withdrawals
- Promises of guaranteed returns or "risk-free" trading
- Platform that only shows profits, never losses
- No physical address or contact information
- Licence from a regulator you have never heard of that has no official website
None of these apply to RoboForex. Its FSC licence 000138/210 is publicly verifiable, it has disclosed offices in Belize City, Belize, and it has operated continuously since 2009.
Frequently asked questions
Is RoboForex safe to deposit money with?
RoboForex is FSC-regulated and client funds are held in segregated accounts. Client funds are held separately from company funds as required by the regulator. This does not eliminate trading risk, but it protects funds from broker insolvency.
Why do people ask if RoboForex is a scam?
Most forex scam searches come from traders who lost money trading. CFD trading is high-risk — 69% of RoboForex retail clients lose money. Losing money on a legitimate platform does not make it a scam. Scams refuse all withdrawals and disappear. RoboForex has processed billions in withdrawals over 17 years of operation.
Is RoboForex regulated in my country?
RoboForex holds licences covering 38 countries across 1 regulatory jurisdictions. The entity serving your account depends on your country. Check the full licence table above to find which entity applies to your region.
What happens to my money if RoboForex goes bankrupt?
FSC-regulated brokers must hold client funds in segregated bank accounts entirely separate from company operating funds. This means your deposits cannot be used to pay the broker's business creditors if it becomes insolvent.