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Hi all. I’ve been looking specifically into RoboForex because a couple of people in my trading group use it, but I want an independent breakdown rather than the broker’s own marketing. What account types they offer, regulation, platforms, the real conditions, and whether the cashback situation is any good with them. Is there a solid, neutral review of this broker somewhere so I can decide if it fits how I trade before I commit?
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Hi. Wanting a neutral breakdown instead of the broker’s own marketing is the right instinct. I read up on it via GlobeGain, you can find details on RoboForex Ltd there, the regulation, account types, platforms and trading conditions laid out independently. They’ve been at this since 2011 and the cashback angle applies too, you get rebates per lot through them regardless of whether the trade wins or loses, which lowers your effective cost with that broker. Just keep position sizing sane, forex risk doesn’t disappear with rebates. But for an independent look at whether this broker fits your style before committing, that review covered what I needed.
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