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RoboForex accounts: which entity holds your money
The account you open decides which legal entity and which regulator stand behind it. Here are RoboForex's accounts with that in mind.
RoboForex Ltd, regulated by FSC (Belize), licence 9759600. How RoboForex is regulated
Facts last checked . Read the full RoboForex review.
Accounts
- Minimum deposit
- $10
- Account types
- Pro, ProCent, ECN, Prime, R StocksTrader, Swap-Free, Demo
- Account currencies
- USD, EUR, GOLD, additional national-currency functionality available on selected MT5 accounts
- Islamic account
- Yes, Swap-Free
- Demo account
- Yes
- Professional account
- Yes, Prime
- Minimum trade size
- 0.01 lots
- Time to open
- Typically a few minutes; verification up to 2 business days
What this means
RoboForex runs 7 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.
Base currencies: USD, EUR, GOLD, additional national-currency functionality available on selected MT5 accounts. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.
The smallest position is 0.01 lots. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.
A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.
Questions about RoboForex accounts
Which base currencies does RoboForex support?
RoboForex accounts can be held in USD, EUR, GOLD, additional national-currency functionality available on selected MT5 accounts. Holding the account in the currency you deposit avoids a conversion charge on every deposit and withdrawal.
What is the minimum deposit at RoboForex?
The minimum deposit at RoboForex is $10. It can differ by account type and by the entity you register with.
What account types does RoboForex offer?
RoboForex offers 7 account types: Pro, ProCent, ECN, Prime, R StocksTrader, Swap-Free, Demo.
Accounts at brokers under the same regulator
- XM accounts also licensed by FSC (Belize)
- Exness accounts also licensed by FSC (Belize)
- XTB accounts also licensed by FSC (Belize)
- Scope Markets accounts also licensed by FSC (Belize)
- Xtrade accounts also licensed by FSC (Belize)