RoboForex Dubai - RoboForex Broker Review in Dubai, UAE

RoboForex is a well-known Forex broker headquartered in Cyprus. Licensed by the CySEC of Cyprus and FSC of Belize, RoboForex has been providing quality services to more than 1,000,000 clients from 160 countries for the past 11 years.

RoboForex provides its clients with more than 8,700 tradable instruments in 8 asset classes (Forex, Stocks, Stock Indices, ETFs, Commodities, Energies, Metals, & Cryptocurrencies) with low spreads starting from 0 pips and leverage up to 1:2000. In addition, the company offers different types of accounts (Cent, Standard, ECN, and Prime) and 5 trading platforms (MT4, MT5, CTrader, R WebTrader, R Mobile Trader, & R Trader) to suit every trader's needs.

At RoboForex, clients can deposit and withdraw their funds instantly via more than 20 deposit options (Perfect Money, Skrill, Neteller, Bitcoin, Tether, Visa, MasterCard, local banks, etc.) without any commission.

A FREE $30 Bonus will be available to any trader who becomes a registered member of RoboForex broker. In addition, RoboForex offers a CopyTrade investment platform with built-in risk management and profit maximization system for professionals.

RoboForex offers 24/7 Multi-language support via live chat, phone, and email. Those clients who want to expand their trading knowledge and skills can do so via many webinars, forecasts, trading news and analysis, an economic calendar and other educational resources brought to them by the RoboForex broker.

RoboForex Dubai Trading Accounts

RoboForex offers different types of trading accounts to meet every trading need of its clients regardless of their trading levels. Additionally, these accounts come with a pip pricing system based on exact fractions to provide the clients with the most accurate market prices as well as instant order execution. That is to say, all orders will be executed at the latest market prices.

All RoboForex trading accounts are available on MetaTrader 4, MetaTrader 5, cTrader, as well as RoboForex’s own Web Trader platform.

The Standard account is the most popular account offered by RoboForex. This account is suitable for both pro and new traders. The Standard account requires low capital, a $10 minimum deposit, and leverage up to 1:2000. Using this account, traders can place an unlimited number of trading positions with floating spreads as low as 1.3 pips and zero commission. The Standard account is accessible on all RoboForex trading platforms for trading various instruments, such as 36 currency pairs, metals, CFDs, and cryptocurrencies.

It goes without saying that all new traders should practice in a demo account first, and then start live trading in a cent account. The RoboForex Cent account is only accessible on MetaTrader 4, MetaTrader 5, and Web Trader for trading micro lots with low margin, floating spreads as low as 1.3 pips, and of course no commission. The minimum deposit for this account is $10 with high leverage of 1:2000 and up to 200 trading instruments in Forex, Metals, CFDs, and Cryptocurrencies.

The RoboForex ECN account is a suitable option for pro traders. An ECN account offers flexible spreads as low as 0 pips with a $20 commission per 1$ million traded and leverage of up to 1:300. With a $10 minimum deposit and 3.33 units of margin, you can trade 36 currency pairs, metals, CFDs, and cryptocurrencies in an ECN account. This account is accessible on all RoboForex trading platforms.

The VIP Prime account is an exclusive option reserved for absolute experts with large capital. The trading conditions in this account are at the level of liquidity providers starting with a $5000 minimum deposit and a minimum of ten units of margin. Traders can trade with spreads as low as 0 pip using the RoboForex Prime account. The clients are to pay a $15 commission per $1 million traded in this account; however, they can use leverage up to 1:100 to trade in 28 currency pairs, metals, CFDs, and cryptocurrencies on MetaTrader 4, web and mobile trading platforms.

Cent

Minimum Deposit: $5
Leverage: 1:1000
Minimum trade size: 0.01
Spread Type: Fixed from 2 pips
Commission: No
Account Currency: Cent

👉 Open Cent

Standard

Minimum Deposit: $10
Leverage: 1:1000
Minimum trade size: 0.01
Spread Type: Fixed from 2 pips
Commission: No
Account Currency: USD, EUR, CNY, GOLD

👉 Open Standard

Prime

Minimum Deposit: $5000
Leverage: 1:100
Minimum trade size: 0.01
Spread Type: Floating from 0 pip
Commission: No
Account Currency: USD, EUR, CNY, BTC, GOLD

👉 Open Prime

ECN

Minimum Deposit: $10
Leverage: 1:300
Minimum trade size: 0.01
Spread Type: Floating from 0 pip
Commission: $20 / lot
Account Currency: USD, EUR, CNY, BTC, GOLD

👉 Open ECN

At RoboForex, Muslim clients can request an Islamic trading account to trade swap-free for their overnight positions with a fixed commission based on the currency pair as well as the open lot number. To activate an Islamic account, traders ought to open a MetaTrader 4 trading account and submit a request to RoboForex's direct customer service.

RoboForex Dubai Deposit & Withdrawal Methods

Deposits and withdrawals at RoboForex are offered in a wide range of options, including bank cards, wire transfers, and several options for electronic payment methods.

Traders who choose financial transactions via e-wallets will benefit from the instant commission-free deposit service via several electronic payment systems such as:

🔸 Perfect Money: $5-25000 (Deposit) / $0.1 (withdrawal) + 0.5% fee

🔸 Skrill: $10-25,000 (deposit) / $0.1-100,000 (withdrawal) + 1% fee

🔸 Neteller: $50,000 (deposit) / $5-10000 (withdrawal) + 1.9% fees ($1 max)

🔸 AdvCash: $10-10000 (deposit) / 0.1 - $10,000 (withdrawal) + 1% fee

Withdrawals may take from several minutes to one business day, depending on your chosen payment method.

Traders will be able to deposit their funds instantly via bank cards using VISA/MasterCard (USD, EUR, GBP, PLN, CZK, and CHF) starting from $10 and without commission, while withdrawals are only available via VISA/MasterCard and it takes 1-10 working days max to withdraw up to $10,000. Traders are also required to pay a 2.6% + 1.3 USD/EUR withdrawal fee.

RoboForex Broker Safety of Funds

RoboForex is a regulated member of the FSC (Belize); therefore, the company is obligated to abide by the rules and regulations, such as keeping client funds in segregated bank accounts and completely separate from the company's funds, submitting annual financial reports, and maintaining a certain amount of capital to cover clients' trading expenses.

RoboForex is also a Class A member of the Financial Commission – an international organization responsible for resolving disputes in the field of financial services in the forex market. In the event of an unresolved issue, RoboForex is able to pay €20000 compensation per complaint.

RoboForex guarantees safety and security of its clients' funds, given the ever-changing status of the FX market. The company also offers negative balance protection to its clients; that is to say, even during high market volatility, the account balance will never fall below zero.

All RoboForex trading accounts are protected by a two-step authentication system, so even if the client's email is hacked, the member’s area will remain safe and secure. The authentication process is a two-step system using SMS and support codes.

RoboForex Broker Spreads

The spreads at RoboForex are Floating with low/no commission.

The minimum spreads for Prime and ECN Pro accounts are as low as 0 pip with a commission based on the trading volume. The spreads for the Standard and Cent accounts are as low as 1.3 pips.

The average spreads for most currency pairs are counted in pips as follows:

RoboForex Broker Trading Platforms

RoboForex provides different account types for different traders with the preferred trading platform (MetaTrader 4, MetaTrader 5, cTrader, RoboForex WebTrader & StocksTrader).

MT4 is available on the web, desktop, iOS, and Android. This platform offers a knowledge database, 3 types of order execution, 9 timeframes, 50 built-in indicators for technical analysis, a variety of order types, and basic tools for graphical analysis. In addition, traders can program their own automated trades.

The advanced MetaTrader 5 platform is also available on the web, desktop, iOS, and android. Traders can choose between liquidation and hedging systems to take advantage of 4 types of order execution, multi-currency testing, and 6 types of pending orders on this platform.

RoboForex offers another platform, cTrader. This platform is preferred by experienced traders due to its direct STP access to the world currency market. Some of the features of this platform are rare order types, second-level pricing, 54 technical indicators, 14 timeframes, and 9 types of interactive charts in 22 languages. The cTrader platform is available on the web, desktop, iOS, and android.

The next platforms offered by RoboForex are WebTrader and Mobile Trader available on Web, iOS, and android. Using these platforms, traders can trade from anywhere with features, including 13 technical indicators, 9 graphical analysis tools, proper account management, and free analysis from RoboForex experts.

The final platform on this list is StocksTrader which is exclusively used for the R StocksTrader account. This platform is also available on the Web, iOS, and Android and comes with financial charting, advanced technical analysis tools, an automated trade builder (user-friendly), an advanced wish list, and a free automated strategy builder. The StocksTrader platform comes with liquidation and hedging and is very easy to use.

Financial Markets at RoboForex Dubai

RoboForex broker provides different accounts for different instruments and on different platforms. This will give traders the required info on available tools and platforms before registering an account.

Cent account: 36 currency pairs, metals, CFDs on US Stocks/Indices/Oil, Cryptocurrencies (MT4, MT5, WebTrader, & cTrader)
Standard account: 36 currency pairs, metals, and cryptocurrencies (MT4, MT5, & Webtrader)
ECN Account: 36 currency pairs, metals, CFDs on US Stocks/Indices/Oil, Cryptocurrencies (MT4, MT5, WebTrader, & cTrader)
Prime account: 28 currency pairs, metals, CFDs on US Stocks/Indices/Oil, Cryptocurrencies (MT4, MT5, & WebTrader)
R StocksTrader Account: 12,000+ Shares, Forex, CFDs, Stocks/Indices/Metals, Cryptocurrencies (StocksTrader)

High-Risk Warning: Trading Forex (Foreign Exchange) and Contracts for Difference (Stocks, Stock Indices, Commodities, and Bonds) involve a high level of risk and may not be suitable for all investors as you may incur losses that exceed your deposit. We highly recommend that you carefully consider whether trading in the FX market is suitable for you. All the contents on this website are for your information only and do not constitute as investment advice. It is important that you fully understand the risks involved before you start trading.