RoboForex Review 2026
Regulated broker with real licence numbers.
RoboForex is a regulated CFD broker founded in 2009. It holds a FSC licence under number 000138/210.
The basics
RoboForex was founded in 2009 and is headquartered in Belize City, Belize. It is privately owned. The broker offers CFDs on 12,000 instruments across forex, indices, commodities, and crypto. Real stock ownership is available in addition to CFDs.
MetaTrader is available on all account types. Copy trading lets you replicate the positions of other traders automatically.
| Founded | 2009 |
| Headquarters | Belize City, Belize |
| Instruments | 12,000+ |
| Platforms | MT4, MT5, cTrader, R StocksTrader |
| MetaTrader | Yes — MT4 and MT5 |
| Copy trading | Yes |
| Real stocks | Yes |
Is RoboForex safe?
The Seychelles FSA is an offshore regulator. It requires broker registration and basic conduct rules, but does not offer the same client protections as the FCA, CySEC, or ASIC. There is no compensation scheme and leverage limits are not imposed.
| Regulator | Licence | Entity |
|---|---|---|
| FSC | 000138/210 ✓ | RoboForex Ltd |
You can verify the FSC licence at www.fscmauritius.org. The registration shows the entity name, authorisation status, and full permissions list. It takes under a minute.
RoboForex spreads
These are the typical spreads on RoboForex's standard account. Spreads vary by market conditions and account type. ECN or raw-spread accounts offer lower spreads in exchange for a per-trade commission.
| EUR/USD | From 0.0 (ECN) + commission pips |
| GBP/USD | 0.3 pips pips |
| USD/JPY | 0.1 pips pips |
| Gold (XAU/USD) | 15c/oz |
| S&P 500 | 0.4pt |
RoboForex's EUR/USD spread of From 0.0 (ECN) + commission pips is wider than ECN-first brokers but typical for a commission-free account.
RoboForex withdrawal fee and processing time
Fee: None. RoboForex does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Processing time: Instant to 24 hours for e-wallets. Bank transfers take 1 to 3 business days.
Withdrawal requests must pass identity verification before processing. If your account is not yet fully verified (proof of identity and address submitted), expect additional delays. Verified accounts follow the standard processing times above.
RoboForex minimum deposit by entity
The minimum deposit depends on which RoboForex entity serves your country. Offshore entities often allow lower minimums but with less regulatory protection.
| Entity | Regulator | Min deposit | Max leverage (forex) |
|---|---|---|---|
| RoboForex Ltd | FSC 000138/210 | $10 | 1:2000 |
RoboForex vs Dukascopy
| RoboForex | Dukascopy | |
|---|---|---|
| Primary regulator | FSC 000138/210 | FINMA N/A |
| Min deposit | $10 | $100 |
| EUR/USD spread | From 0.0 (ECN) + commission pips | 0.2 pips |
| MetaTrader | Yes | Yes |
| Instruments | 12,000+ | 500+ |
| Copy trading | Yes | No |
| Withdrawal fee | None | Varies |
Both brokers are regulated and legitimate. RoboForex suits traders who value copy trading and social features. Dukascopy is better for traders who prioritise its specific regulated entity coverage.
Regulation — the numbers that matter
| FSC | 000138/210 — RoboForex Ltd |
Leverage for retail clients in the EU and UK is capped at 1:2000 on major forex pairs under ESMA rules. The offshore entity offers up to 1:2000, but with lighter regulatory protection.
Pros and Cons
What works
- FSC regulated
- Very low minimum deposit ($10)
- MetaTrader 4 and 5 available
- Copy trading available
- Real stock ownership available
- No inactivity fee
What does not work
- No tier-1 regulator (FCA/ASIC/CySEC) — offshore entity only
The verdict
RoboForex is a legitimate, regulated broker. The FSC licence number 000138/210 is verifiable on the public register. It is best suited for social and copy traders. Rating: 4.0 out of 5.
Alternatives to RoboForex
If RoboForex does not fit your needs, these regulated alternatives are worth comparing:
Frequently asked questions
Is RoboForex safe?
The Seychelles FSA is an offshore regulator. RoboForex holds FSC licence 000138/210, which is publicly verifiable on the official register.
What is the RoboForex minimum deposit?
The minimum deposit is $10. This applies to the main regulated entity. Some offshore entities may differ. See the entity table above for full breakdown.
What is the RoboForex EUR/USD spread?
The EUR/USD spread on RoboForex standard accounts is typically From 0.0 (ECN) + commission pips. Spreads vary with market conditions. ECN or raw accounts offer lower spreads with a per-trade commission instead.
How long does RoboForex take to process withdrawals?
Instant to 24 hours for e-wallets. Bank transfers take 1 to 3 business days.
Does RoboForex charge withdrawal fees?
None. RoboForex does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Does RoboForex have MetaTrader?
Yes. RoboForex supports both MT4 and MT5 on all account types. This allows automated trading, custom indicators, and expert advisors.