RoboForex Cashback Rebates

Overall, RoboForex offers a forex cashback on the ProCent, Pro, ECN, and Prime accounts up to 15% of the broker revenue and even up to 10% of commissions paid on Forex and precious metals, according to RoboForex.

RoboForex Cashback Rebates – 31 Key Point Quick Overview

1. ✅ RoboForex Rebates Summary
2. ✅ How to Open a Forex Cashback Account with RoboForex (via SAShares)
3. ✅ RoboForex vs. Notable Other Brokers – Forex Rebate Comparison
4. ✅ Number of Traders participating in RoboForex Cashback Rebates
5. ✅ Detailed Summary of RoboForex
6. ✅ Advantages that RoboForex has over Competitors
7. ✅ Who will Benefit from Trading with RoboForex?
8. ✅ Geolocation of Traders
9. ✅ RoboForex Regulation and Safety of Funds
10. ✅ RoboForex Awards and Recognition
11. ✅ RoboForex Account Types and Features
12. ✅ How to open an Account with RoboForex
13. ✅ RoboForex Trading Platforms
14. ✅ RoboForex Investment Programs
15. ✅ Which Markets Can You Trade with RoboForex?
16. ✅ RoboForex Trading and Non-Trading Fees
17. ✅ RoboForex Deposits and Withdrawals
18. ✅ RoboForex Education and Research
19. ✅ RoboForex Bonuses and Current Promotions
20. ✅ How to open an Affiliate Account with RoboForex
21. ✅ RoboForex Customer Support
22. ✅ RoboForex Corporate Social Responsibility
23. ✅ RoboForex Alternatives
24. ✅ RoboForex VPS Review
25. ✅ RoboForex Web Traffic Report
26. ✅ RoboForex vs. Other Notable Brokers
27. ✅ Trading with RoboForex Pros and Cons
28. ✅ RoboForex Customer Reviews
29. ✅ Recommendation for Improving RoboForex Cashback Rebates
30. ✅ Our Verdict on RoboForex
31. ✅ RoboForex Frequently Asked Questions

RoboForex Rebates Summary

• ✅ RoboForex has an overall rating of 4.8 / 5
• ✅ RoboForex has a Real Customer Rating of 4.6 / 5

RoboForex Cashback Forex Conditions

• ✅ All clients who have passed a thorough screening are eligible for the program. However, traders should know that RoboForex reserves the right to refuse cashback payouts without providing a reason or prior notice.
• ✅ The spread values and transaction commissions in the broker’s Cent Affiliate, Pro Affiliate, and ECN Affiliate accounts are intentionally inflated. As a result, these accounts violate the no-markup policy and will only be verified upon your request.

RoboForex Additional Notes on Cashback Rebates

• ✅ RoboForex Rebates can be earned across all account types.
• ✅ Rebates are calculated using the monthly trading volume of currency pairs and metals (the trading volume of CFDs is not considered).
• ✅ The payments are made on the first of each month as a balance operation with the note “Rebates” in the account history.

Traders can find detailed statistics on trading volume in the Members Area on the “Your Rebates” page.

How to Open a Forex Cashback Account with RoboForex (via SAShares)

You can follow these steps to register for a Forex Cashback Account with RoboForex via SAShares.

For New Accounts

If you do not have an existing account with RoboForex, you can easily obtain a cashback rebate in three easy steps.

✅ Step 1:  Visit the RoboForex Website

Visit the RoboForex website and click “Open New Account.”

✅ Step 2:  Submit Your Trading ID

Submit your Trading ID to us: [SAShares]

For Example:

To: [SAShares]

Subject: New RoboForex Rebate Application

“Dear SAShares Team,

Please view my RoboForex Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”

✅ Step 3: Wait for Approval

Wait for approval, which will be sent within [number of hours]. Once approval is given, you will automatically receive your cashback rebates from the RoboForex system.

For Existing Accounts

If you have an existing RoboForex account, you can get a cashback rebate by following these easy steps.

Step 1: Contact RoboForex via Email

Send an email to RoboForex: [email protected]

Request that the broker transfer the trading account under the following SAShares Affiliate ID: [SAShares]

For Example:

To: [SAShares]

Subject: Account Transfer Request

“Dear RoboForex Partner/Affiliate Team,

I would hereby like to request that my account be transferred to IB/Partner/Affiliate code [SAShares Code]. Furthermore, I would hereby like to request to be assigned under the mentioned IB regardless of whether my account falls under an umbrella or parent IB.”

Step 2: Create an Additional Trading Account

Once you receive confirmation of the transfer from RoboForex, you can create an additional trading account.

Step 3:  Contact SAShares

Lastly, you can send your Trading or Client ID to [SAShares].

For Example:

To: [SAShares]

Subject: New RoboForex Rebate Application

“Dear SAShares Team,

Please view my RoboForex Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”

RoboForex vs. Notable Other Brokers – Forex Rebate Comparison

To view RoboForex’s comprehensive Forex Rebate Program, we compared Forex rebates with other notable brokers using the rebate ECN, VIP, or Professional Forex Rebate Accounts.

Does the FCA regulate RoboForex?

No, RoboForex is not regulated by the FCA in the United Kingdom. Instead, RoboForex is regulated by CySEC in Cyprus, IFSC in Belize, and the Labuan FSA.

What is RoboForex’s trust score?

RoboForex has an average trust score of 88%.

Understanding Forex Trading Rebates: How They Work with RoboForex

RoboForex has a “Cashback (Rebates)” scheme that enables verified customers to benefit from all account kinds.  The cashback you can receive is determined by your account’s monthly trading volume; the larger the volume, the more cashback you can receive. Here are some important program details:

• ✅ Rebates are paid monthly depending on your account’s number of closed positions.
• ✅ Professional platforms: Rebates are available for all account types on the MT4, MT5, and cTrader platforms.
• ✅ No Restrictions: Because trade rebates are not bonus monies, you may utilize them at your leisure without any extra requirements.

Cashback rates vary according to account type and trade volume:

• ✅ Cashback is calculated as a percentage of the company’s sales for ProCent accounts, with rates of 5% for 10 – 1,000 lots, 10% for 1,000 – 3,000 lots, and 15% for more than 3,000 lots.
• ✅ Cashback is calculated as a commission percentage for Pro, ECN, and Prime accounts, with rates of 5% for 10 – 1,000 lots, 7% for 1,000 – 3,000 lots, and 10% for more than 3,000 lots.

To obtain cashback, you must establish and verify a trading account and then trade at least 10 monthly lots. Rebates are determined based on the monthly trading volume of currency pairs and metals (CFD trading volume is not included).

Furthermore, pay-outs are made as a balance operation on the first of each month, with the note “Rebates” in the account history.

Is RoboForex’s rebates a type of bonus I must sign up for?

Yes, it can be seen as a bonus or incentive that rewards you the more you trade on RoboForex’s platform.

Can RoboForex cancel my rebates?

Yes, RoboForex states in their rebates terms and conditions that they reserve the right to rebates without any warning or reason for doing so.

Number of Traders participating in RoboForex Cashback Rebates

RoboForex has over 1 million registered traders. However, there is no indication of how many of these actively participate in the RoboForex rebates program.

Tips for Choosing RoboForex for Forex Trading Rebates / Key Factors to Consider When Evaluating RoboForex’s Forex Trading Rebate Program

Your account’s monthly trading volume determines the cashback you can get. If you are a high-volume trader, this application can be extremely useful.

• ✅ Account Type: Cashback rates differ based on account type. Choose the account type that best matches your trading style and volume to optimize your cashback.
• ✅ RoboForex provides rebates for trading on all account types offered in the MT4, MT5, and cTrader platforms. Check that you are at ease with these platforms.
• ✅ Use of Rebates: Because the rebates you get are not extra monies, you can use them how you see fit. Think about how you intend to use these dollars.
• ✅ Verification Procedure: To collect cashback, register and verify a trading account. Check that you are at ease with the verification procedure.
• ✅ Minimum Trading Requirement: You must trade at least 10 lots each month to qualify for rebates. Consider if this is consistent with your trading tendencies.
• ✅ Pay-out Dates: Payments are paid on the first of each month. Consider if this payment arrangement is suitable for you.

RoboForex can withhold Cashback (Rebates) distributions to clients without providing any cause or warning. When choosing the program, keep this caution in mind.

Number of Traders participating in RoboForex Cashback Rebates / Real-Life Examples:

RoboForex has over 1 million registered traders. However, no indication of how many of these actively participate in the RoboForex rebates program exists.

RoboForex calculates rebates based on different methods, such as a percentage of the company’s revenue and a percentage of the commission. Let us look at three unique real-life examples of the rebate program in action:

Example 1: Cent Account Rebates

• ✅ Your account type: ProCent
• ✅ Instrument traded: EURUSD
• ✅ EURUSD trading volume over a month: 30-cent lots
• ✅ Rebates rate: 0.5%
• ✅ Company’s revenue for 1 lot of EURUSD: 13 US Cent
• ✅ Calculation: 30 cent lots * 13 US Cent * 0.5% = 1.95 US Cents

In this example, for your ProCent account, you traded 30-cent lots of EURUSD for a month. The company’s revenue for 1 lot of EURUSD is 13 US Cent. The rebate rate for your account is 0.5%. Therefore, your monthly trading rebate on EURUSD will be 1.95 US Cents.

Example 2: Standard Account Rebates

• ✅ Your account type: Pro
• ✅ Instruments traded: EURUSD, AUDUSD
• ✅ EURUSD trading volume over a month: 20 lots
• ✅ AUDUSD trading volume over a month: 10 lots
• ✅ Rebates rate: 5%
• ✅ Company’s revenue for 1 lot of EURUSD: 13 USD
• ✅ Company’s revenue for 1 lot of AUDUSD: 16 USD
• ✅ Calculation: (20 lots * 13 USD * 5%) + (10 lots * 16 USD * 5%) = 13 USD + 8 USD = 21 USD

In this example, for your Pro account, you traded 20 lots of EURUSD and 10 lots of AUDUSD monthly. The company’s revenue for 1 lot of EURUSD is 13 USD, and for 1 lot of AUDUSD is 16 USD.

The rebate rate for your account is 5%. Therefore, your total rebate amount for the month’s trading on EURUSD and AUDUSD will be 21 USD.

Example 3: ECN Account Rebates

• ✅ Your account type: ECN
• ✅ Trading volume on the account over a month: 5,000 lots
• ✅ Rebates rate: 15%
• ✅ Total commission for trading over a month: 27,000 USD
• ✅ Calculation: 27,000 USD * 15% = 4,050 USD

In this example, for your ECN account, you traded 5,000 lots for a month, incurring a total commission of 27,000 USD. The rebate rate for your account is 15%. Therefore, your rebate for the month’s trading will be 4,050 USD.

Is there a maximum on the cashback that I could earn with RoboForex?

No, there is no limit on how much you can earn from RoboForex.

What is the minimum trading volume requirement to earn rebates from RoboForex?

You must trade at least 10 standard monthly lots to be eligible for rebates.

Detailed Summary of RoboForex

Advantages that RoboForex has over Competitors

RoboForex has the following advantages over its competitors:

• ✅ Offers a low minimum deposit of $10, making it accessible to traders of all levels.
• ✅ Offers commission-based trading, which can lower overall trading costs for active traders.
• ✅ Offers negative balance protection, ensuring that traders cannot lose more than their account balance.
• ✅ The broker offers a narrow spread starting from 0 pips by providing direct access to liquidity providers in ECN systems.
• ✅ Traders can enjoy instant market execution of orders as their orders are instantly sent to the Forex Market without delays on the broker’s servers or platform.
• ✅ There are no restrictions on withdrawals or deposits, and the broker doesn’t charge any commission for these transactions.
• ✅ Traders can benefit from no trading restrictions, such as no limit on the duration of open trades and the use of hedging and locking. They can also use any number and type of trading advisors.
• ✅ The one-click trading function is available for traders’ convenience.
• ✅ The broker offers a free constructor of trading advisors that do not require programming knowledge, allowing traders to create their own advisors.
• ✅ Offers leverage up to 1:2000, which is higher than most competitors.

Offers 24/7 customer support, ensuring that traders can receive assistance at any time of the day or night.

How to Maximize Your Savings/Profits with Forex Trading Rebates at RoboForex

Understand the Terminology

Learn about RoboForex’s rebate program and its terms & restrictions. For some programs, for example, you need a minimum monthly trading volume, such as 10 lots, to qualify for rebates.

Understanding these prerequisites will allow you to get the most out of the application and prevent unpleasant surprises.

Choose the Best Account Type

RoboForex has many account kinds, each with its own rebate calculating process. For example, rebates in Pro, ECN, and Prime accounts are calculated as a commission percentage. In contrast, rebates on ProCent accounts are calculated as a percentage of the company’s sales.

Examine your trading style and volume to determine which account type best suits your needs.

Use Rebates Wisely

The beauty of rebates is their versatility; they may be utilized without limitation. Consider offsetting trading expenses or reinvesting them in your trading activity. Align your financial objectives with the greatest use of your rebates to improve your overall trading experience.

Increase Your Earnings

As your trading volume increases, so does your possibility of earning rebates. This service offers significant discounts to high-volume traders.

However, maintaining a balanced strategy and avoiding excessive trading just for rebates is critical. To guarantee overall success, always emphasize effective trading methods.

Be Consistent

Remember that rebates depend on your monthly trading volume. Furthermore, consistent trading activity might result in a continuous supply of frequent rebates over time. Therefore, you must create a well-paced trading strategy that aligns with your goals.

Keep Up to Date on Your Rebates

RoboForex sends out rebates on the first of each month. Check your trading account regularly to confirm your rebates are credited as planned. Staying informed will provide you with peace of mind and enable you to track the effectiveness of your trading efforts.

Who will Benefit from Trading with RoboForex?

RoboForex appears to be a suitable platform for both novice and experienced traders based on its educational resources and account types.  The broker provides instructions for beginners and offers demo accounts for all except the ECN account, demonstrating its willingness to accommodate new traders.

On the other hand, RoboForex also caters to advanced traders with specialized accounts such as R StocksTrader and ECN Accounts. In addition, the Pro and ProCent accounts are described as suitable for both beginner and advanced traders.

Overall, RoboForex is a platform that is accessible to traders of all experience levels.

Successful Traders Benefiting from RoboForex’s Rebates – RoboForex’s Forex Trading Rebates Empowering Retail Traders for Success

Brian Hayes

Brian is a high-volume trader who trades over 3,000 monthly lots on his Pro account. He would get a 10% payback on the commission via RoboForex’s rebate program.

For instance, if he paid $10,000 in commission for the month, he would get $1,000 as a rebate. This extra cash might cover his trading expenses or reinvest in his trade, improving his profitability.

Livia Stephenson

Livia is a new trader still learning the ins and outs of forex trading. She uses a ProCent account and trades around 500 lots every month. She would get a 5% payback on the company’s income via the rebate program.

She would earn a $50 rebate if the firm made $1,000 from her transactions. While this may not seem to be much, for a new trader, every little bit helps. Furthermore, the rebate gives extra motivation to keep learning and trading.

Caspar Sims

Caspar is an algorithmic trader who employs automatic trading systems on the MT4 platform. On his ECN account, he trades 2,000 lots every month.

He would earn a 7% payback on the commission via the rebate program. If his monthly commission were $5,000, he would get a rebate of $350. This can assist in covering the expenditures of his automated equipment while increasing his total profitability.

Geolocation of Traders

Most of RoboForex’s market share is concentrated in these areas:

• ✅ Mexico – 21.95%
• ✅ Vietnam – 21%
• ✅ Ukraine – 13%
• ✅ Thailand – 13%
• ✅ Argentina – 8%
• ✅ Belarus – 7%
• ✅ Kazakhstan – 7%
• ✅ Columbia – 6.51%
• ✅ Panama – 4.49%

RoboForex’s Current Expansion Focus

• ✅ RoboForex is focused on expanding across Europe and South America but also provides its services to traders from other regions.

Countries not accepted by RoboForex

RoboForex does not allow traders from these regions:

• ✅ The United States
• ✅ Canada
• ✅ Japan
• ✅ Australia
• ✅ Bonaire
• ✅ Brazil
• ✅ Curacao
• ✅ Timor-Leste
• ✅ Indonesia
• ✅ Iran
• ✅ Liberia
• ✅ Saipan
• ✅ Russia
• ✅ Sint Eustatius
• ✅ Tahiti
• ✅ Turkey
• ✅ Guinea-Bissau
• ✅ Micronesia
• ✅ Northern Mariana Islands
• ✅ Svalbard and Jan Mayen
• ✅ South Sudan and other regions.

Popularity among traders who choose RoboForex

RoboForex falls within the Top 200 forex and CFD brokers, making it a trusted option for beginner and professional traders.

RoboForex Regulation and Safety of Funds

RoboForex Global Regulations

How RoboForex Protects Traders and Client Funds

Is RoboForex audited frequently?

Yes, RoboForex is subject to frequent audits on the Verify My Trade (VMT) service.

Where can I view RoboForex’s regulations and licenses?

You can find it on the RoboForex homepage under “About Us” and “Regulations.”

RoboForex Awards and Recognition

According to RoboForex’s website, the company has been recognized for the following honors in recent years as a broker:

• ☑️ Best Partners Programme Globally (2022) – Global Forex Awards – Retail.
• ☑️ Most Reliable Broker (LatAm) for 2022 – Global Forex Awards – Retail.
• ☑️ Best Mobile Trading App Globally (2022) – Global Forex Awards – B2B.
• ☑️ Best Prime Trading Account Globally (2022) – Ultimate Fintech Awards.
• ☑️ Most Trusted Broker Globally (2022) – International Business Magazine Awards.
• ☑️ Best Multi-Asset Trading Platform (LatAm) for 2022 – Global Banking and Finance Awards.
• ☑️ Best Investment Products Globally (2022) – Global Brands Magazine Awards.
• ☑️ Most Transparent Broker Globally (2022) – World Economic Magazine Awards.

Finally, RoboForex was awarded Best Stocks Broker Global (2022) – London Trader Show Awards.

RoboForex Account Types and Features

RoboForex offers a variety of trading accounts with different execution models and pricing options to suit the needs of investors.  The Pro Standard and Pro Cent accounts are executed on a market-maker model. In contrast, the ECN, Prime, and R Trader accounts are executed on an ECN execution-type model with tighter spreads and a trading commission.

Swap-free accounts are also available for Islamic traders, and the broker offers MAM accounts and a Copy Trading service.

RoboForex Prime Account

The Prime Account benefits Forex and other traders because it offers optimal trading conditions. In addition, the Prime account is designed for traders of all experience levels, unlike traditional trading accounts.

RoboForex ECN Account

Opening an Electronic Communications Network (ECN) account is viable for experienced traders seeking the quickest order execution and optimal trading conditions.

RoboForex R StocksTrader Account

Through this account, traders gain access to the R StocksTrader trading platform, designed for stock trading and investment.

RoboForex ProCent Account

This account is ideal for novice and experienced traders, as it allows them to test trading strategies and Expert Advisors. In addition, this is the first real trading account a trader can open after completing a demo account to ease them into realistic market conditions.

Combined with RoboForex’s exclusive mobile trading capabilities, this account is considered one of RoboForex’s best automatic trading options.

RoboForex Pro Account

Professional traders who desire the tightest spreads, commission-free trading, access to a limited number of trading platforms, and high leverage should open a RoboForex Pro Account.

RoboForex Demo Account

A RoboForex demo account is a tool for traders to compare the broker’s product offering and trading conditions to its peers and a safe environment for novice traders to practice their trading skills without risking their money.

To open a demo account, traders must fill in a simple form with their email address, name, surname, and mobile phone, without uploading any verification documents.

After receiving a welcome email from RoboForex with login credentials for the Members Area, users can create a new demo account under the Accounts tab. They can choose from four trading platforms and set the leverage limit to 2000:1.

The next steps are to set up a star deposit and an account password. Once confirmed, users will receive their platform login details with the account number and password. The RoboForex demo account is available for 90 days, after which it will expire.

The RoboForex demo account enables prospective investors to test all account types and pricing on various financial instruments – forex, indices, stocks, commodities, and cryptocurrencies – without risking real money.

The demo account is risk-free, and all funds are fictitious, including winnings and losses.

RoboForex Islamic Account

RoboForex offers Islamic Swap-Free accounts designed for customers prohibited by Sharia law from trading using swaps. The Swap-Free feature is available for rent and basic MetaTrader 4 accounts and Affiliate accounts.

When customers convert their account to Swap-Free, all other trading conditions remain the same, except for overnight commissions, which are based solely on the instrument and open position volume.  Moreover, Swap-Free account holders are subject to a predetermined forex fee based on the currency pair and the number of open lots rather than on the interest rates of the issuing banks.

These accounts do not incur swap fees, but a fixed commission is credited to the client’s account upon the rollover of a position to the next trading day.

RoboForex PAMM/MAM Accounts

The MetaTrader 4 MultiTerminal, offered by RoboForex, is a tool that aims to enhance the efficiency of trading operations by allowing traders to manage multiple trading accounts of the same type from the Members Area.  This feature can significantly simplify traders’ work by enabling them to work with many accounts on the same trading server.  RoboForex’s MT4 MultiTerminal allows traders to send orders to multiple accounts simultaneously using a single button.

The tool automatically allocates the volume of the orders based on the current profit, balance, and available funds on each account, thus making the trading process smoother and more efficient.

There are some of the unique features of the RoboForex Multi-Terminal:

• ✅ With RoboForex MT4 MultiTerminal, traders can manage up to 128 real accounts and up to 10 demo accounts simultaneously, providing a more efficient way of handling multiple trading accounts.
• ✅ The tool also allows traders to open positions across multiple accounts with just one click, saving time and reducing the risk of errors.
• ✅ There are five different ways of distributing the order volume between accounts when placing new orders, giving traders greater control over their trading strategy.

RoboForex MT4 MultiTerminal also provides an internal reports system that allows traders to view completed transactions across all their accounts, providing a clear overview of their trading activity.

How to open an Account with RoboForex

To register a live trading account with RoboForex, you can follow these steps:

• ✅ Click the “Open an Account” banner on the main page of the RoboForex website.
• ✅ Fill out the electronic application form, providing personal information such as name, email address, bank account details, and job history.
• ✅ Choose a preferred trading platform, leverage, account-based currency, and password.
• ✅ Complete the Know Your Customer (KYC) procedure by providing documentation verifying their identity and address.
• ✅ Upon verification of the account, traders may be eligible for a “Welcome bonus,” monthly pay-outs of up to 10% of their account balances, entry into a “Cashback (Rebates)” program, and free VPS services.

Deposit cash into the account and review the risk disclosure, customer agreement, and general business terms before beginning trading.

How long can I use the RoboForex demo account?

You can use the demo account for 90 days before it expires.

Can I get bonuses on all RoboForex trading accounts?

Yes, RoboForex does not restrict any live trading accounts. However, the demo account is not currently eligible for any bonuses.

RoboForex Trading Platforms

RoboForex offers traders a choice between these trading platforms:

• ✅ MetaTrader 4
• ✅ MetaTrader 5
• ✅ cTrader
• ✅ R MobileTrader
• ✅ R StocksTrader

RoboForex MetaTrader 4

RoboForex offers a wide range of trading instruments on its MT4 platform, including forex, stocks, indices, commodities, cryptocurrencies, and more. The platform also supports multiple languages, enabling traders from different regions to trade in their native language.

RoboForex MT4 has a built-in news feed and an economic calendar, allowing traders to stay up-to-date with the latest market news and events.

Despite some of the platform’s limitations, such as the lack of advanced order types, MT4 remains a popular choice among traders due to its reliability and broad user base.

RoboForex MetaTrader 5

RoboForex’s MT5 platform offers several features not available in the previous version, MT4. For example, it has over 38 pre-installed technical indicators, 44 analytical charting tools, three chart types, and 21 timeframes, which allow traders to perform a detailed analysis of the markets.

Additionally, MT5 has additional pending order types, detachable charts, and Depth of Market (DOM) which shows the market’s liquidity for a specific asset.

The platform also has an integrated Economic Calendar, which displays the latest economic events, news, and data releases worldwide. These features make MT5 an attractive choice for traders who want a more comprehensive trading experience.

RoboForex cTrader

RoboForex’s cTrader is a platform specifically designed for experienced traders seeking an alternative to MT4/5. Furthermore, cTrader is exclusively available for the ECN and Pro Accounts.

It provides an added level of market analysis and full market depth access on a highly customizable user interface, delivering one of the most innovative trading experiences in the industry with superior order execution and no dealing desk intervention.

The platform features over 55 pre-installed technical indicators, six chart types, 28 timeframes, Level 2 Depth of Market, no restrictions on stop/limit levels, detachable and linked charts, advanced order protection, market sentiment, and an integrated Economic Calendar.

cTrader also allows users to add custom cBots and indicators. cTrader is beginner-friendly, offering a modern interface, integrated educational content, and innovative risk-management features.

RoboForex R MobileTrader

R MobileTrader is a comprehensive solution that provides secure in-app account deposits and bonus management, offering a range of mobile-friendly features such as 14 trading indicators, live charts, and quotes.

RoboForex R StocksTrader

The user-friendly proprietary platform, R Stocks Trader, was awarded ‘Best Global Mobile Trading App 2020’ by Global Forex Awards B2B. It enables users to trade over 12,000 financial assets on live markets worldwide.

The platform offers various trading options and features, such as customized watchlists, multiple windows, and various viewing modes. Additionally, traders can create, execute, and test their trading strategies using a unique tool provided by the platform.

Can I use forex trading robots on RoboForex cTrader?

Yes, you can use cBots when you choose RoboForex’s cTrader.

Which OS is compatible with the RoboForex app?

The RoboForex R StocksTrader can be downloaded onto any iOS and Android device.

RoboForex Investment Programs

RoboForex offers CopyFX to all traders, allowing them to copy the trades of successful traders to their own accounts.  There is a minimum deposit of $100, and traders can access a vast community with thousands of other traders. Furthermore, RoboForex offers multifunctional control where traders can direct their investments and allocation of funds.

Traders can start using this platform in a few easy steps:

• ✅ Open any account except for MT5 and R StocksTrader accounts with the net position accounting model.
• ✅ Determine the amount you wish to invest with CopyFX and fund your account using one of the twenty available payment methods.
• ✅ Copy transactions or allow others to copy your strategies.

RoboForex offers a transparent list of all participants and ranks them according to their profitability. In addition, other metrics are available, including maximum drawdown and the number of days the successful trader has been trading.  Specify conditions and create subscriptions directly within your RoboForex Members Area, R StocksTrader mobile application, and mobile platform.

Which Markets Can You Trade with RoboForex?

Traders can expect the following range of markets from RoboForex:

• ✅ Forex
• ✅ Stocks
• ✅ Indices
• ✅ ETFs
• ✅ Commodities
• ✅ Metals
• ✅ Energy Commodities
• ✅ Cryptocurrencies

Financial Instruments and Leverage offered by RoboForex

Can I trade real stocks with RoboForex?

No, you can only trade stock CFDs with RoboForex.

What is the hedged margin requirement on EUR/USD with RoboForex?

The hedged margin with RoboForex on EUR/USD is 25%.

RoboForex Trading and Non-Trading Fees

Spreads

The spreads offered by RoboForex are subject to variation depending on the trading instrument and type of account chosen by the trader.

Hence, traders must exercise caution while selecting their preferred account and instrument. Here are the EUR/USD spreads that traders may encounter based on their chosen trading account.

• ✅ Prime Account – from 0.0 pips
• ✅ ECN Account – 0.0 pips
• ✅ R StocksTrader Account – from $0.01
• ✅ ProCent Account – from 1.3 pips
• ✅ Pro Account – from 1.3 pips

Commissions

Investors may incur commission fees regularly depending on the type of trading account opened. Consequently, the following commission rates might apply to traders:

• ✅ ECN Account – $20 per million traded
• ✅ Prime Account – $10 per million traded

Overnight Fees, Rollovers, or Swaps

The overnight costs of RoboForex depend on the position size of the trader, the market environment, and the underlying financial instrument. Traders typically incur the following overnight expenses:

Deposit and Withdrawal Fees

Deposits are free, but RoboForex charges the following withdrawal fees:

• ✅ SEPA – 1.5%
• ✅ Local Bank Transfer – up to 4%
• ✅ AstroPay – 0.5%
• ✅ Skrill – 1%
• ✅ Neteller – 1.9%
• ✅ Perfect Money – 0.5%
• ✅ ADVCash – 1%
• ✅ Credit/Debit Cards – up to 2.6% + 1.3 USD

Inactivity Fees

• ✅ RoboForex does not indicate that an inactivity fee will apply to dormant accounts.

Currency Conversion Fees

Currency conversion fees could apply when traders deposit funds in currencies other than the base currency of the trading account.

How do I avoid overnight fees with RoboForex?

Open an Islamic Account. If you follow Sharia law and want to avoid overnight fees or swaps, you can register a live account and convert it to an Islamic one. However, note that the Islamic Account is subject to commissions when positions are kept open for a certain time.

Does RoboForex charge fees on deposits and withdrawals?

Yes, RoboForex charges withdrawal fees but offers two free withdrawals per month.

Calculating Forex Trading Rebates with RoboForex

RoboForex calculates rebates to reward traders for their trading activity. There are different methods of calculating rebates, and we will explain them below:

Calculation Method: % of Company’s Revenue

This method is used for accounts like ProCent and Pro. The rebates are a percentage of the company’s revenue earned from each trade you make. Here is how it works:

• ✅ You choose an account type like ProCent or Pro.
• ✅ For each trade you make, RoboForex earns some revenue based on the trading volume and the instrument traded.
• ✅ For instance, you traded 30-cent lots of EURUSD on your ProCent account. RoboForex earns 13 US Cents for every 1 lot of EURUSD traded (the company’s revenue for that trade).
• ✅ The rebate rate for your account is 0.5%. To calculate your rebate amount, you multiply the company’s revenue (13 US Cents) by the trading volume (30 cent lots) and the rebate rate (0.5%).

Therefore, your rebate for this trade would be 1.95 US Cents.

Calculation Method: % of Commission

This method is used for accounts like ECN. The rebates are calculated based on the total commission you pay on your trades. Here is how it works:

• ✅ You have an ECN account.
• ✅ For each trade, you pay a certain commission to RoboForex.
• ✅ For example, you traded 5,000 lots over a month, and the total commission paid is 27,000 USD.
• ✅ The rebate rate for your account is 15%. To calculate your rebate amount, multiply the total commission (27,000 USD) by the rebate rate (15%).
• ✅ Therefore, your rebate for the month would be 4,050 USD.

Claiming and Withdrawing Forex Rebates at RoboForex

Claim Rebates

Rebates are determined automatically depending on your monthly trading volume and account type. They are paid out as a balance operation with the notation “Rebates” in the account history on the first of each month. You are not required to claim them personally.

Withdrawing Rebates

To withdraw your rebates, follow the same steps as withdrawing funds from your trading account. You can easily withdraw money from your account in your Members Area.

To do so, go to “Withdraw Funds” and confirm that the active account in your Members Area is from which you wish to withdraw cash.

RoboForex Deposits and Withdrawals

RoboForex offers the following deposit and withdrawal methods:

• ☑️ SEPA
• ☑️ Local Bank Transfer
• ☑️ AstroPay
• ☑️ Skrill
• ☑️ Neteller
• ☑️ Perfect Money
• ☑️ ADVCash
• ☑️ Debit/Credit Cards
• ☑️ QR
• ☑️ Vouchers
• ☑️ Western Union

How to Deposit Funds with RoboForex

To deposit funds to an account with RoboForex, traders can follow these steps:

• ✅ Log in to your RoboForex account.
• ✅ Click on the “Deposit” button in the page’s top right corner.
• ✅ Select your preferred payment method from the available options (e.g., credit/debit card, bank transfer, e-wallet).
• ✅ Enter the amount you wish to deposit and click “Next.”
• ✅ Follow the instructions for your chosen payment method and enter the required details (e.g., card number, bank account details, e-wallet login).
• ✅ Verify the payment details and click “Confirm.”

Once the payment is processed, the funds should be credited to your RoboForex account.

In which languages does RoboForex offer support?

RoboForex’s support is offered in English, Arabic, Chinese, Czech, Kazakh, Malay, Portuguese, Spanish, Taiwanese, Thai, Ukrainian, Uzbek, and Vietnamese.

Can I contact RoboForex over weekends with cryptocurrency queries?

Yes, you can contact RoboForex 24 hours a day, any day of the week.

RoboForex Fund Withdrawal Process

To withdraw funds from an account with RoboForex, traders can follow these steps:

• ✅ Before withdrawing funds from RoboForex, account holders must verify and approve their accounts.
• ✅ To access the “Withdraw Funds” feature, log in to your RoboForex account.
• ✅ Ensure that the withdrawal account you want to use is operational in the Members Area.
• ✅ Traders can choose from several options for making transactions.
• ✅ Pick a withdrawal method and click the “Go To” button to withdraw funds.
• ✅ Additional data related to the payment method may be required from traders.
• ✅ After clicking the button to withdraw funds, traders will be directed to a new page where they can provide any further information required for the withdrawal.

Traders should note that withdrawals are processed within two business days, from Monday to Friday, 9 a.m. to 6 p.m. (EET).

RoboForex Education and Research

Education

RoboForex offers the following Educational Materials:

• ✅ Guides on Account Opening and Trading
• ✅ Educational Videos
• ✅ FAQ Section

Research

RoboForex offers traders the following Research and Trading Tools:

• ✅ Forex Analysis and Forecasts
• ✅RoboForex Analytics Centre
• ✅ Economic Calendar
• ✅ Blog
• ✅ R StocksTrader Strategy Builder
• ✅ Trading Calculators
• ✅ Financial Charts
• ✅Trading Tips

and much more.

RoboForex Bonuses and Current Promotions

• ✅ Promotion to the value of $1.2 million to celebrate 11 years of RoboForex
• ✅ 30 USD Welcome Bonus when you register, verify an account, and deposit at least $10.
• ✅ Profit Share Bonus of up to 60%.
• ✅ Classic Bonus of up to 120% on the initial and subsequent deposits.
• ✅ Cashback (rebates) on all account types with monthly pay-outs, access to professional platforms, and no restrictions.

Up to 10% back on trading accounts.

Legal and Tax Implications: Understanding Forex Trading Rebates with RoboForex

Forex trading rebates, such as those provided by RoboForex, are often seen as income. As a result, depending on the tax regulations in your country of residence, they could be liable for tax.

For tax reasons, it is essential to maintain precise records of your trading activity and rebates earned. Concerning the legal issue, always confirm that you are trading aligned with your country’s rules and the broker’s terms and conditions.

Some countries impose limits on forex trading or have regulations regarding rebates. If you are doubtful, always seek the advice of a legal or tax specialist.

Risks and Limitations of Forex Trading Rebates at RoboForex

While forex trading rebates might bring extra revenue, they should not be your major motivator for trading. Trading should be based on appropriate risk management and strategy.

Furthermore, since rebates are determined depending on trading volume, there is a danger of overtrading to earn additional rebates. Overtrading may result in poor decision-making and higher trading expenses.

In addition, RoboForex maintains the right to refuse Cashback (Rebates) distributions to clients without providing any justification or previous warning.

Strategies to Maximize Rebates with RoboForex

Here are a few ways to maximize the rebates that you could earn from RoboForex:

• ✅ Diversification: Diversifying your trade over multiple currency pairs and metals can enhance your trading volume and, hence, your rebates.
• ✅ Use News and Market Events to Your Advantage: Major news and market events may cause higher volatility and trading opportunities. Trade during these periods may allow you to enhance your trade volume and rebates.
• ✅ Consider swing trading or position trading, which includes holding trades for many days to weeks. While they may need a bigger initial investment, they may result in higher trading volumes, boosting rebates.

If you are familiar with algorithmic trading, utilizing a trading robot may help you raise your trading volume since robots can trade 24 hours a day, seven days a week, and capture chances you would otherwise miss.

How to open an Affiliate Account with RoboForex

To register an Affiliate Account with RoboForex, traders can follow these steps:

• ✅ For information on becoming a RoboForex partner, visit their website and click the “For Partners” link.
• ✅ To learn everything there is to know about the Affiliate Program, hover over this section and click “Download Affiliate Program Presentation.”
• ✅ Next, navigate to the “Overview” page of the Affiliate Program and click the green “Become a Partner” banner.
• ✅ Register for the Affiliate Portal by providing your email address, first and last name, and mobile number.
• ✅ Please confirm that you are at least 18 years old and agree to the terms outlined in the necessary paperwork.
• ✅ Your login credentials will then be sent to the email address you provided.

Upon login, you can verify your information before gaining access to RoboForex’s marketing resources.

RoboForex Affiliate Program Features

• ✅ RoboForex offers a sophisticated affiliate network that provides up to 84% in commissions, fast partner commissions of up to 74%, and a loyalty program that offers up to 20% commissions.
• ✅ Prospective partners can calculate their commissions quickly and easily using the live calculator on RoboForex’s website based on the number of customers they have.
• ✅ RoboForex’s income-sharing structure is 50% for all professional accounts, up to 70% for Affiliate accounts, and 50% for R StocksTrader accounts.
• ✅ Joining the RoboForex affiliate program has numerous benefits, including no restrictions on payouts or maximum payouts per month or referred client, and daily payments are available.
• ✅ There are no deal restrictions, and all trades are paid out without limitations on bonuses tied to trading volumes.
• ✅ 24/7 affiliate customer support and analytics are available to affiliates in addition to real-time client tracking. There are three different types of Affiliate accounts available.
• ✅ The reward program at RoboForex allows partners to increase their total profits by up to 20%.
• ✅ Based on monthly performance, the program allows all partners to earn an extra percentage of the total commission.

Partners can earn 2.5 times more on pro accounts and 70% on affiliate accounts in client account markup. Furthermore, affiliates who join the VIP or Expert programs may earn multiple commission levels.

RoboForex Customer Support

RoboForex provides around-the-clock professional support in thirteen languages. Support can respond to your questions via online chat, phone, and email. In addition, there is a call-back service where you can leave your number, and they will promptly call you.

RoboForex provides exemplary and award-winning customer service. Support is frequently quick to respond, and it is great that they’re available on weekends, which is crucial if you wish to trade cryptocurrencies.

RoboForex Corporate Social Responsibility

RoboForex does not offer any information regarding its Corporate Social Responsibility (CSR) initiatives or projects.

RoboForex Alternatives

• 🥇 CMC Markets caters to a wide range of traders, including beginner retail traders who wish to start online trading in forex, CFDs, and spread betting, and seasoned professionals seeking exposure to a diverse range of products. The firm offers competitive fees compared to other industry players.

• 🥈 LCG is one of the top forex brokers based in the UK. LCG provides a seamless trading experience and a broad range of asset classes for traders of all levels. The firm’s competitive fees and excellent customer service rank it highly on our list. LCG’s focus on functional simplicity makes it an ideal choice for beginner traders. However, even experienced traders can benefit from LCG’s offerings. Thus, whether you are a novice or a seasoned trader, LCG’s features make it an excellent option to consider.

• 🥉 XTB is a suitable option for traders who aim to reduce their expenses, be it the natural cost of trade execution (i.e., bid/ask spread) or the additional expenses associated with wire fees. With maximum leverage of up to 500:1 for non-UK accounts and up to 30:1 leverage for UK accounts, XTB provides a cost-effective solution to traders looking to maximize their returns while minimizing costs.

RoboForex VPS Review

RoboForex’s VPS server is always connected to high-speed, uninterrupted internet and is independent of your internet service provider. In addition, you can use the terminal at any time, from any location, even when your computer is off.

The following features and conditions apply when using RoboForex’s VPS:

• ☑️ RoboForex offers a free VPS server for forex trading to clients whose trading account exceeds 300 USD (excluding active bonuses) or its equivalent in another currency.
• ☑️ To qualify for the free service, clients must perform a minimum of 3 standard lots of transactions on their trading accounts.
• ☑️ Clients who do not meet these requirements can use the VPS server service for a monthly fee of $5.
• ☑️ Suppose a client’s trading volume is insufficient over a calendar month. In that case, the VPS server will be disabled, and to re-enable the service, the client must fulfill the requirements for the Equity and the transaction volume of at least 3 lots without time limits.
• ☑️ The VPS server is not available for partners’ investment accounts, and RoboForex reserves the right to refuse the service at its sole discretion.
• ☑️ The client receives full access to the VPS server with the Administrator password, and only the client is responsible for the results of their operations.
• ☑️ The service is only available for investment servers and websites of the RoboForex brand, and all other Internet resources are not accessible.

To start using RoboForex’s VPS, you can follow these steps:

• ☑️ Register and verify your account with RoboForex.
• ☑️ Ensure that you have at least $300 in your trading account before applying in the “Your VPS 2.0 server” section of your Members Area.

Open an email containing the VPS server’s IP address, username, and password, connect to the VPS, and invest at any hour of the day from any location.

RoboForex Web Traffic Report

RoboForex vs. Other Notable Brokers

Trading with RoboForex Pros and Cons

RoboForex Customer Reviews

🥇 Very Satisfied.

I am delighted to express my satisfaction with RoboForex. Having dealt with other brokers, I have had to wait up to 10 days to receive payments after requesting withdrawals via Payoneer cards. However, RoboForex was exceptional as they processed my first withdrawal in under an hour. Unfortunately, as an avid user of their cTrader platform, I do not have access to bonuses, which are only available to those using Metatrader accounts. – Byrony Marsh

🥈 Reliable Broker.

RoboForex is one of the most reliable companies in the market. As a Forex trader for nearly 6 years, I have worked with this broker for 4 years, and I can confidently attest to their commitment to fulfilling their obligations to traders. In addition, I have never encountered any issues with trading conditions or delayed payments while working with this broker. – Ieuan Ramos

🥉 Great Offering.

Since March, I have worked with this broker without encountering any issues. The platform provided by the broker is exceptional, offering a blend of professional trading conditions, swift market execution, tight spreads, and advanced charting functions, including superior technical indicators. – Keziah Norris

Recommendation for Improving RoboForex Cashback Rebates

RoboForex offers cashback rebates according to the account level and financial instrument being traded. Therefore, rebates are distributed according to the trader’s experience and trading volume.

Furthermore, RoboForex’s rebates program currently increases the trading costs that traders face in terms of spreads and commissions. In contrast with other brokers, RoboForex increases trading costs, decreasing the return that traders receive when they participate in rebates.

This could dissuade traders from signing up with RoboForex as they will not earn back what they spend in trading fees, which could negatively impact RoboForex. By removing these fees, RoboForex could gain more clients who will use the rebates program.

Our Review Methodology:   For each of our broker evaluations, we investigate, evaluate, analyze, and compare what we feel to be the most crucial criteria to consider when selecting a broker.  This evaluation comprises positives, disadvantages, and an overall score based on our findings. We want to assist you in locating the ideal broker for your requirements.  Our broker review should not be considered financial advice. However, traders are urged to seek professional financial advice before making investment decisions.

Addendum/Disclosure:  No matter how diligently we strive to maintain accuracy, the forex market is a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.

Investor Warning: Foreign currency trading on margin is associated with an elevated risk and may not be appropriate for all investors. Before engaging in foreign currency or Contract for Difference (CFD) trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. In addition, you should not start investing capital you cannot afford to lose because you could lose part of your original investment.

Our Verdict on RoboForex

In conclusion, RoboForex is a reputable CFD and Forex broker operating in the industry for over 10 years. The company offers various trading instruments, including cryptocurrencies, with competitive spreads and low trading commissions.

The broker operates using various trading platforms, including MT4, MT5, and cTrader. It provides its clients with a range of account types to choose from, including Islamic accounts.

RoboForex offers several advantages over its competitors, including narrow spreads from 0 pips, instant market execution of orders, no commission for withdrawing money and replenishing the account, no trading restrictions, a one-click trading function, and a free constructor of trading advisors that do not require programming knowledge.  However, there are also some drawbacks to consider, such as limited regulatory oversight and customer support options.

Nonetheless, RoboForex is a solid choice for traders looking for a reliable broker with competitive trading conditions and a variety of account types and trading platforms.

RoboForex Frequently Asked Questions

What are forex trading rebates?

Forex trading rebates are a percentage of the transaction cost returned to the customer on each trade, resulting in a reduced spread and higher win ratio.

How can I sign up for forex trading rebates with RoboForex?

You must first register and verify a trading account to sign up for forex trading rebates with RoboForex. All confirmed customers are immediately eligible for the rebate program.

How much can I earn through forex trading rebates with RoboForex?

You can earn between 5% – 15% broker revenue and 5% – 10% commissions. Your trading volume and account type determine the amount you may earn via forex trading rebates with RoboForex.

Do RoboForex Rebates expire?

No, the rebates do not expire and are automatically applied to your account balance.

Are RoboForex Rebates available to traders outside of the EU?

Yes, RoboForex provides its rebate program to customers globally.

Are forex trading rebates taxable?

Forex trading rebates, such as those provided by RoboForex, are often seen as income. As a result, depending on the tax regulations in your country of residence, they could be liable for tax. If you are uncertain, always speak with a tax specialist.

How do forex trading rebates work with RoboForex?

Rebates at RoboForex depend on your monthly trading volume and account type. They are paid out as a balance operation with the notation “Rebates” in the account history on the first of each month.

How does RoboForex calculate the trading volume for rebates?

The monthly trading volume of currency pairs and metals is used to compute rebates. CFD trading volume is not taken into consideration.

Are there any requirements to be eligible for forex trading rebates with RoboForex?

To obtain cashback, you must register and verify a trading account and then trade at least 10 monthly lots.

Can I transfer my RoboForex Rebates to another account?

No, you cannot. Rebates are awarded to the account that created the trading volume.

Can I combine forex trading rebates with other promotions or bonuses RoboForex offers?

Yes, you can. RoboForex does not restrict traders from participating in other bonuses when they earn rebates on trades.

How are Forex trading rebates credited to my account with RoboForex?

Rebates are credited to your account as a balance operation with the notation “Rebates” in the account history on the first of each month.

Are there any limitations or restrictions on using forex trading rebates?

Because trade rebates are not bonus monies, you can utilize them at your leisure with no restrictions. However, RoboForex can refuse Cashback (Rebates) distributions to clients without providing any cause or prior warning.

Are RoboForex Rebates available on all trading platforms?

Yes, rebates are available for all account types offered on the MT4, MT5, and cTrader platforms.

How can I track and monitor my Forex trading rebates with RoboForex?

Details on your trading volume may be accessed in the Members Area on the “Your Rebates” page.

Can I earn RoboForex Rebates on demo accounts?

No, you cannot. You can only earn rebates on live trading accounts.