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Review and RatingsForex BrokersRoboForex.com Review
RoboForex.com Review Visit site
Updated: Sep 14, 2016
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2.683 · 91 REVIEWSIs this your company?
Forex Brokers
MetaTrader 4, cTrader Platform
June 2016: Tamer Salah, please use the Contact Us link on the bottom of the page.
RoboForex are online forex brokers. Robo Forex offers the MetaTrader 4, MetaTrader 5, MT Mobile, and cTrader forex online trading top platforms. RoboForex.com offers over 10 of the most traded currency pairs for your personal investment and trading options.
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2.683 · 91 REVIEWS Add your review
SORT BY:Posting Date Rating SHOW:1025 50
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andrea
milan, Italy
Sep 12, 2016
Guest
good company
I think it is a good broker,at least my experience was good,they are based in Cyprus and regulated,good support abd easy withdrawal(i have only used skrill)
The range of currency is good but neither endless
Sep 18, 2015 - 1 Star Hi, I would like to tell you my personal bad experience with this broker: they are very fast to take money on deposit, problems come when you have to withdraw:
- I tried a withdraw and first problem they rejected me the withdraw because they said the bank card was not verified,
it's very curious and strange that verification is required afterwards on withdraw, on deposit no credit card verification required, funny, they have to be fast to take money ;-)
- so I entered in the long trickery bank card verification process: it took me almost one week to complete the verification, I sent the scanned copy of bank card, they rejected because was not signed on the back side, ok I signed it and scanned again and resend, thay rejeced again now because the scanned copy was black & white and not in color, why do they need color copy if anyway the important info was clear also on the black & white scanned copy ? anyway I resend again scanned color copy.
- after finally passed the bank card verification they said that they did the refund on the card for the required withdraw, conclusion ? I requested the withdraw on 24th august and now 19th september I didn't receive any money back yet!
luckily I wasn't so stupid to deposit a big money quantity, anyway better to stay away from this broker.
Reply by Manager RF submitted Sep 21, 2015 Dear andrea.
You have used bank card, ending with **3085, for deposit on your trading account 838490. In accordance with the clause 13.3 of the Client Agreement we have to verify that you are owner of this bank card.
The deposit on your trading account was processed automatically by Autodeposit option, hence the Payments Department is asking for verification of the bank card upon the review of your withdrawal request.
Therefore, you were asked to pass bank card verification for the mentioned card: https://my.roboforex.com/en/operations/bank-cards/
Kindly note that you need to upload color scanned images or photos of the face and the back of both cards. The expiry date, the cardholder's name, and the card number (first 6 and last 4 digits) must be seen very clearly. The card needs to be signed on the back side, otherwise it is considered invalid in accordance with the Visa/MasterCard regulation.
As regards the refund, the Payments Department is currently waiting for the official confirmation from payments system and Visa, that the refund was done successfully. You will get a reply in a ticket shortly.
Sincerely, RoboForex
smith
Colombo , Sri Lanka
Sep 3, 2016
Guest
Don't trade with roboforex
I have four simple words about this broker DON'T TRADE WITH ROBOFOREX.
Don't waste your time with this broker
Reply by Manager RF submitted Sep 6, 2016:
Hello!
Could you, please, clarify the reason of your negative opinion. What facts is it based on? Have you ever contacted the company support to get details on the issues you didn't like?
Sincerely, RoboForex
jacoblnrgn
Kharkov, Ukraine
Aug 11, 2016
Registed user
Just a broker striving to be better
Well, i agree they have wider spread during news which is bigger than most brokers but i don't trade news and i don't scalp so it doesn't affect me. There is no broker with no negative side. and once they froze my affiliate link which was opened back later. help my withdrawal once in all my 5 years using them. but i give them a good rating because i got all my money and even when my affiliate was frozen they still paid me the one i earned earlier and i think any broker with a representative here shows how concerned they are about their customers and their opinions and they doing their best to be transparent.
Bren
Bratislava, Slovakia
Jul 20, 2016
Guest
VERY BAD experience with this broker - BIG COMMISION, very late SEND money to clients - on Withdrawal.
They allways looking some problems , when I want withdrawal money.
Crazy, dont more here
Reply by Manager RF submitted Jul 21, 2016:
Dear Bren. Could you provide your account number? We need to check the information you provided. Sincerely, RoboForex
Redas
, Lithuania
Jun 27, 2016
Guest
I can see lots of negative feedback here and now I know why. Here is my negative one about this broker.
As this company declare that they cover negative balance it seems that they don't! It was fine when my negative balance was just few €, yes they reset it to zero, but one time it was -1.500 € and they decided NOT to cover it and worst of it, they took my funds from my other accounts to cover this negative one.
Reply by Manager RF submitted Jun 29, 2016:
Hello Redas. The Company decided to exclude your account from the program "Negative balance protection" and cover your financial liabilities related to the trading account 170542 which occured after the liquidation of the position #27670514 at actual market price during the market opening because of misuse of this guarantee in accordance with the rules of the program which you can find at: http://www.roboforex.com/operations/negative-balance-protection/ Sincerely, RoboForex
Masood Hussain
Multan, Pakistan
Jun 15, 2016
Guest
i am here to dicuss about a broker robofx .. this broker is worst broker i have seen they have eaten my profit and my own investment as well
i deposit 3k and i earned 6k
but now this broker is not giving me not my profit not my deposit back
.. its been few days now and i am still waiting for withdrawal .. this slugish and dishonnest broker transfered my funds in someone else account and now saying that we cant do anything .. even they dont have any regulation so i can claim my funds back .. i have never seen this kind of bad brokrage .. they have eaten my funds in front of me and now they are just giving me lame excuses .
the thing is i cant do anything i dont know where to go and have my funds back .. i am writing here for other peoples .please do not conduct business with robo forex this broker is scam broker they just want deposit they wont give any withdrawal if you r making money with them
Reply by Manager RF submitted Jun 16, 2016:
Dear masood. The funds were transferred to your account 2774725. This info can always be found in the commentary of the balance operation. Please avoid spreading false and misleading statements about the company. Sincerely, RoboForex
Tamer Salah
Dubai, United Arab Emirates
Jun 9, 2016
Guest
I do have a concern now, so far I got excuses not my money !!! I have 3 declines SO FAR why they cant send me the money.. Thier.Finance dept dontrespond
Reply by Manager RF submitted Jun 13, 2016:
Dear Tamer Salah. First withdrawal was cancelled for security reasons of your funds and you were asked to pass bank card verification. After that you made another withdrawal request via bank transfer and it was cancelled in accordance with the clause 11 of the Refund-Cancellation Policy: https://my.roboforex.com/files/document/refund_cancellation_policy_eu.pdf. After that you passed bank card verification and made another withdrawal request on bank card but it was cancelled on side of payment system with the following reason: "your card is not supported in the MasterCard's CFT (Credit Funds Transfer) program".We made refund up to deposited amount upon your acceptance in ticket. Kindly note that the answers on all your questions in the ticket WAP-987515 were given daily. Sincerely, RoboForex
peter
hualian, Taiwan, Province of China
Apr 30, 2016
Guest
fuck you roboforex!!! hardware vulnerabilities???please tell us what the hell it is ,a big joke,fuck you scammer.
Reply by Manager RF submitted May 4, 2016:
Hello! Could you, please, clarify the reason of your negative opinion. What facts is it based on? Have you ever contacted the company support to get details on the issues you didn't like? Sincerely, RoboForex
Wilfredo A. Carpentero
Makati City, Philippines
Apr 22, 2016
Guest
It takes a second for your deposit but it's a hustle upon withdrawal. They keep asking for documents I already provided. Rejected my withdrawal 3 times and still waiting I provided my card pictures front and back and billing statement with address and passport.
Somesh De Swardt
London, United Kingdom
Feb 17, 2016
Guest
I found Roboforex very very difficult to deal with. In my experience they widen spreads, leading to closure of trades. In comparrison to the same ea and strategy run on other brokers, roboforex trades always lost twice as much as any other broker. Massive spreads on FTSE. I had numerous problems with them when I wanted to withdraw my money from my account. Delays and changing of requirements meant it took me over 2 weeks to withdraw, even with daily response to all their requests.
Reply by Manager RF submitted Feb 18, 2016:
Dear Somesh De Swardt. Could you provide your account number? We need to check the information you provided. Sincerely, RoboForex
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