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Feedback on Roboforex?

  • #1
  • First Post: Jan 2, 2012 5:19pm Jan 2, 2012 5:19pm
Hi all,

I am thinking to open a real account with Roboforex and would like to have some feedback.
They have high leverage (1:500 till 100k balance) and fix spread (2pips on eurusd) which meet my strategy.

I saw a few negative comments on the web and wonder if anyone as positive experience in withdrawing money with them or other useful feedback.

In addition, they state to be regulated by the Financial Services Complaints Ltd..... is it a reliable and trustable entity?

Thanks a lot for any help!

Puma
  • #2
  • Jan 3, 2012 4:34am Jan 3, 2012 4:34am
Quoting puma
Hi all,

I am thinking to open a real account with Roboforex and would like to have some feedback.
They have high leverage (1:500 till 100k balance) and fix spread (2pips on eurusd) which meet my strategy.

I saw a few negative comments on the web and wonder if anyone as positive experience in withdrawing money with them or other useful feedback.

In addition, they state to be regulated by the Financial Services Complaints Ltd..... is it a reliable and trustable entity?

Thanks a lot for any help!

Puma

Currently watching them... they seem regulated in NZ but looks like they have russian roots. The good point is they have integral liquidity so execution should be almost same as FineFX.

Their integral ECN account is looking good. Might give them a try with a small account soon.

13
Brokers are angels
  • #3
  • May 8, 2012 11:32am May 8, 2012 11:32am
Quoting fx13
Currently watching them... they seem regulated in NZ but looks like they have russian roots. The good point is they have integral liquidity so execution should be almost same as FineFX.

Their integral ECN account is looking good. Might give them a try with a small account soon.

13
hey Fx13,

did you end up giving roboforex a shot? Ive been considering them as a broker...

please any feedback on your experience would be appreciated.

Thanks!
  • #4
  • May 9, 2012 8:15am May 9, 2012 8:15am
Quoting 4rextrader
hey Fx13,

did you end up giving roboforex a shot? Ive been considering them as a broker...

please any feedback on your experience would be appreciated.

Thanks!
No I have problem with russian roots & their russian credit card processor got rejected by my bank so a sign to run away.

13
Brokers are angels
  • #5
  • Jun 20, 2012 2:58pm Jun 20, 2012 2:58pm
Quoting puma
Hi all,

I am thinking to open a real account with Roboforex and would like to have some feedback.
They have high leverage (1:500 till 100k balance) and fix spread (2pips on eurusd) which meet my strategy.

I saw a few negative comments on the web and wonder if anyone as positive experience in withdrawing money with them or other useful feedback.

In addition, they state to be regulated by the Financial Services Complaints Ltd..... is it a reliable and trustable entity?

Thanks a lot for any help!

Puma
please take into account . Roboforex is only member of one of the many independent organizations that can resolve the dispute on behalf of a third party. And more authority organisation than Financial Services Complaints Ltd is FDR : http://www.fdr.org.nz/
Also Please note, that regulated organization in NZ must have license and registred number which should be there http://www.business.govt.nz .
Roboforex even doesn't have anything... they don't have true ECN, typical B.S.- Busket Shop. It's simple. NZ org -Financial Services Complaints Ltd is only pretty label.
  • #6
  • Feb 16, 2013 2:36am Feb 16, 2013 2:36am
so far as my trading with this broker is good, withdrawal of profit also good....any more updates...
follow the flow of music $
  • #7
  • Feb 18, 2013 12:09am Feb 18, 2013 12:09am
Quoting ganam
so far as my trading with this broker is good, withdrawal of profit also good....any more updates...http://50.22.104.143/~forum/images/b...-highlight.gif
What kind of withdrawal are you making, wire or e-money?
If you aim for the stars- but miss, you still get the moon...
  • #8
  • Feb 28, 2013 8:40am Feb 28, 2013 8:40am
through moneybookers.. i made 4 withdrawals(all profit) so far...but if your deposit attached with some discount you can withdraw only profit...you can withdraw the deposit after the term finished for the discount.
Quoting aiming4stars
What kind of withdrawal are you making, wire or e-money?
follow the flow of music $
  • #9
  • Dec 31, 2014 5:36am Dec 31, 2014 5:36am
Im with them (Roboforex), since 2012 and i have made lots of deposits and withdraws almost always instantly.
IMO its a reliable broker with fast execution.

Thanks
  • #10
  • Dec 31, 2014 7:45am Dec 31, 2014 7:45am
From my experiance with them i dont trust them it is my feelings go for exness better
focus while relaxed to see better
  • #11
  • Dec 31, 2014 5:30pm Dec 31, 2014 5:30pm
Quoting orabi
From my experiance with them i dont trust them it is my feelings go for exness better
Exness are big scammers.
But as they pay some people to advertise and defend them on forums, you keep of reading this kind of crap. In threads that had nothing to do with them in the first place.
  • #12
  • Jan 1, 2015 1:00am Jan 1, 2015 1:00am
Quoting Mevo
{quote} Exness are big scammers. But as they pay some people to advertise and defend them on forums, you keep of reading this kind of crap. In threads that had nothing to do with them in the first place.
They dont pay me but i think any broker are welling to scam you if you give him a chance
All have a nice day
focus while relaxed to see better
  • #13
  • Jan 1, 2015 5:59am Jan 1, 2015 5:59am
Quoting orabi
{quote} They dont pay me but i think any broker are welling to scam you if you give him a chance All have a nice day
There are more honest brokers than others.
Exness is on the very bottom on that list, assh0!es and really dishonest.

Now, you are even more stupid if you come to advertise such a broker here like this out of nowhere, without being paid (which I doubt).
Contact them, they pay $300 per month to do what you just did.

Like this, you will advertise scammers, but you will know you do it money (you would be more dishonest, but less stupid)
Have a nice day too.
  • #14
  • Last Post: Jan 1, 2015 9:24am Jan 1, 2015 9:24am
Hello All Traders and a Happy New Year

Firstly, I am not being paid by anyone to make this comment.

I have been using IC Markets for about 2 years now with both a live account and a demo to test strategies.

I have found there spreads to be reasonable and I normally trade pairs such as GBPAUD, GBPCAD, EURNZD. I pay a round turn commission irrespective of forex pairs of $6.00 for 1 standard lot (100,000) which I think is good value.

FXCM recently introduced raw spreads but the commission on the pairs I have mentioned above is $12.00 for 1 standard lot and the minimum to opening an account is $2,000. I had thought of moving to FXCM but when I factored the commission they are charging and the spread, there is virtually no difference to IC Markets. The MT4 platform also for IC markets is stable.

There is good and bad in all brokers and for every good feedback, I am sure someone will also have a negative feedback.

I think you should factor, is your money safe?, are the spreads and commission reasonable? are slippages within acceptable ranges?

I do not trade News Items partucularly NFP (The Non-Farm Payroll). All brokers spread will increase during this time, but I believe IC Markets is not excessive.

As I said, I am not endorsing IC Markets but merely expressing my experience after 2 years with them.
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