Traders should noticethat RoboForex Ltd and its partners do not work on the territory of the USA, Canada, Japan, Australia, Iran, Russia, and other restricted countries. RoboForex Ltd and its partners do not target EU/EEA/UK clients, you can receive investment services from a third-country firm at your own exclusive initiative only, thereby taking all the risks involved.

Overview of Roboforex

Roboforex is a forex broker that has been around for over a decade and has made a name for itself in the industry. Founded in 2009, Roboforex is based in Belize, and then became a member of the FSCL, launched a negative balance guarantee service, later added CFD instruments.

Roboforex offers a wide range of trading instruments, including stocks, indices, ETFs, soft commodities, energies, metals, and currencies, with over 10,000 instruments available for trading.

In 2016, Roboforex started creating a proprietary investment platform with a professional analysis centre RAMM and released stock trading.

In 2019, the forex broker's tradable instruments reached 12,000, with global updates for the Android and iOS versions of WebTrader and MobileTrader, and won more than 30 awards in the financial industry.

One of the key features of Roboforex is its variety of account types. The broker offers several different account options, including Prime, ECN, R StocksTrader, Pro Cent, Pro, and demo accounts.

In addition to its diverse account types and trading instruments, Roboforex also offers several different trading platforms. The broker supports both the popular MetaTrader 4 and MetaTrader 5 platforms, as well as their own proprietary platform,WebTrader, MobileTrader, StocksTrader.

Pros and Cons

Is Roboforex Legit?

Yes. RoboForex Ltd. is authorized and offshore regulated by the Financial Services Commission (FSC) under license number of 000138/32.

Market Instruments

RoboForex offers trading in stocks, indices, ETFs, soft commodities, energies, metals, and currencies.

Account Types

RoboForex understands that each trader is unique and has their own trading needs and preferences. That's why they have created a diverse range of trading accounts to cater to all types of traders. You can find detailed info about account features in the comparison table below:

How to Open an Account?

Opening an account with RoboForex is a straightforward process that can be completed in just a few steps.

Step 1: First, visit the broker's website and click on the “Open an account” button located in the top right corner of the page.

Step 2: Now, you are redirected to a registration page where you can fill out your personal and financial information, including email address, name, and mobile phone number.

Step 3: After completing the registration form, you need to verify your identity by providing a copy of your government-issued ID and a recent utility bill as proof of address. This step is necessary to comply with international anti-money laundering and know-your-customer regulations.

Step 4: Once the account has been verified, you can fund your account through a variety of methods, including local bank transfer, AstroPay, Skrill, Neteller, Sticpay, Visa, MasterCard, JCB, QR & Vouchers, and Western Union. The minimum deposit for most account types is $10, while the R StocksTrader account requires a minimum deposit of $100.

Step 5: After funding your account, you can download the trading platform of their choice and start trading in the markets.

Leverage

The maximum leverage of 1:2000 available for the Pro Account and Pro Cent account type is particularly noteworthy, offering experienced traders a chance to pursue even more profitable trades. The Prime and ECN accounts also offer high leverage, ranging from 1:300 to 1:500.

However, it's important to note that high leverage can magnify both profits and losses, so traders should use it carefully and with proper risk management strategies in place.

Spreads & Commissions

RoboForex charges no commissions, and spreads vary on the account type.

Trading Platforms

RoboForex provides a range of trading platforms to cater to different trading needs and preferences.

The most popular trading platforms offered by RoboForex include MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are available for desktop, web, and mobile devices, allowing traders to access the markets from anywhere at any time.

MT4 is a widely used trading platform that offers advanced charting capabilities, automated trading features, and the ability to customize indicators and trading robots.

MT5, on the other hand, is a more advanced version of MT4, with additional features such as multi-currency strategy testing and more advanced analytical tools.

In addition to these popular trading platforms, RoboForex also offers its own proprietary platforms, including MobileTrader and R StocksTrader.

MobileTrader is a mobile trading platform that provides access to trading accounts, real-time market data, and order execution.

R StocksTrader, as mentioned earlier, is a unique trading account that offers commission-based trading on US and EU stocks.

For traders who prefer to trade directly from their web browser, RoboForex offers the WebTrader platform. This platform requires no download or installation and offers a simple, user-friendly interface for trading.

Deposit & Withdrawal

Deposit

Withdrawal

Customer Support

Roboforex's customer support can be reached 24/7 by live chat, contact form, and telephone: +593 964 256 286.

Additionally, the company's website has an extensive FAQ section, which provides answers to many common questions about trading accounts, deposit and withdrawal methods, trading platforms, and more.

Besides, you can also follow up with Roboforex on some social media platforms, such as Facebook, Twitter, Youtube, Telegram, and Instagram.

• RoboForex Ltd

Registered address: 2118 Guava Street, Belama Phase 1, Belize City, Belize

Business address: Belize Marina Towers, Barrack Rd., Newtown Barracks, Belize City, Belize

• RoboGate LTD

Registered address: Suite 16, Watergardens 5, Waterport Wharf, GX11 1AA Gibraltar

Conclusion

To summarize, RoboForex is a renowned online brokerage firm that provides a diverse range of account options catering to various trading requirements. The broker offers an extensive range of tradable instruments, competitive trading fees, and high leverage options. The user-friendly trading platforms come equipped with advanced trading tools. The broker also offers excellent customer support, with multiple channels available for assistance.

While RoboForex presents an excellent trading opportunity, it is crucial to exercise caution while trading with leverage and implement proper risk management strategies.

FAQs

Is RoboForex a regulated broker?

Yes, RoboForex is regulated by FSC (Offshore).

What trading platforms does RoboForex offer?

RoboForex offers a variety of trading platforms, including MetaTrader 4, MetaTrader 5, WebTrader, MobileTrader, and StocksTrader.

What is the minimum deposit required to open an account with RoboForex?

The minimum deposit required varies depending on the account type, $100 to open the R Stockstrader account, while only $/€10 for other four account types.

What trading instruments can I trade with RoboForex?

RoboForex offers 12,000 trading instruments covering stocks, indices, futures, ETFs, soft commodities, energies, metals, and currencies.

Central Tanshi is a legally regulated forex pairs provider that was registered in Japan in 2002. It offers a variety of forex pairs through versatile trading platforms, with no minimum deposit required. In addition, it provides a leverage of 1:25 for individual customers and spreads starting from 0.1 pips.

However, it does not accept inquiries by phone number. Instead, you can only submit a contact form with your questions, and they will respond to your inquiries.

Pros and Cons

Is Central Tanshi Legit?

Yes, Central Tanshi is a legitimate provider of forex pairs. It holds a retail forex license issued by the Japan Financial Services Agency (FSA), bearing the license number Kanto Finance Director (Financial Business) No. 278.

In addition, it is a member of the Securities and Exchange Surveillance Commission of Japan.

In conclusion, Central Tanshi is reliable, and you can consider trading forex on its platforms.

Regulated Country	Current Status	Regulated Authority	Regulated Entity	License Type	License Number
	Regulated	Japan Financial Services Agency (FCA)	セントラル FX Co., Ltd.	Retail Forex License	Kanto Finance Director (Financial Business) No. 278

What Can I Trade on Central Tanshi?

Central Tanshi focuses on forex pairs trading. It offers many common forex pairs, and you can also find exotic forex pairs on its platform. The forex pairs it provides include USD/JPY, EUR/JPY, GBP/JPY, AUD/JPY, ZAR/JPY, GBP/USD, AUD/USD...

How to Open an Account?

You need to follow eight steps to register an account with Central Tanshi. All of these steps are quite easy, and detailed explanations for each are provided in its website.

1. Step 1: Enter your email address.
2. Step 2: Enter the verification code sent to the email address you provided.
3. Step 3: Fill in your personal information.
4. Step 4: Verify your identity using your smartphone. First, take a photo of your ID. Second, take aphoto of your face.
5. Step 5: Once the review is complete, a notification of account opening completion, along with your user ID and password, will be sent to your registered email address.
6. Step 6: Log in to your My Page and change your password for security reasons.
7. Step 7: Register your My Number on your My Page.
8. Step 8: Register your withdrawal bank account details on your My Page.

Leverage

The leverage offered by Central Tanshi differs between individual and corporate customers.

For individual customers, it is set at a fixed ratio of 1:25, which is considered conservative and safe, enabling you to trade securely based on your requirements.

On the other hand, for corporate customers, the leverage varies weekly based on market fluctuations, and it also differs for each type of currency pair.

Spread

The spreads offered by Central Tanshi also vary depending on the type of currency pair.

During certain trading hours, the spread for MXN/JPY can be as low as 0.1 pips, while during other periods, the spread for GBP/JPY can reach as high as 16.0 pips.

Other Fees

Central Tanshi does not charge any account maintenance fees or transaction fees.

However, if you need to send an issuing report by mail, there is a charge of 1,100 yen per report.

Additionally, for delivery services, there is a fee of 500 yen for every 10,000 units.

Trading Platform

Central Tanshi offers a proprietary platform available on mobile (smartphone and iPad), PC and Web.

The PC version comes with three additional options, including fast chart, Trade Plus, and a network trading system.

Deposit and Withdrawal

Payment Methods

Central Tanshi offers two types of deposit methods: click deposit and bank transfer deposit.

Click deposit utilizes your financial institution's online banking service for near-instant deposits. You must have an online banking agreement with one of the following financial institutions to use this method.

Bank transfer deposit allows you to fund your account through various methods such as bank counters, ATMs, and online banking. The transfer fees will be borne by you. Supported banks include Sumitomo Mitsui Banking Corporation (Nihonbashi Branch), Mizuho Bank (Kofunecho Branch), and Mitsubishi UFJ Bank.

Fees

Deposit: For click deposits, it is free. For transfer deposits, certain fees may be charged.

Withdrawal: Withdrawal in Japanese Yen is free, whereas withdrawals in other foreign currencies will incur some fees.

Additionally, withdrawal fees differ based on the banking institution.

Specifically, withdrawals through Sumitomo Mitsui Banking Corporation, Mizuho Bank, and the Main Branch of Mitsubishi UFJ Bank are free.

For other branches of Mitsubishi UFJ Bank, a fee of 1,000 yen will be charged, and for other financial institutions, a fee of 1,500 yen will be imposed.