RoboForex

RoboForex

Explore our in-depth RoboForex review tailored for Kenya's forex traders. Discover insights and make informed decisions in the Kenyan forex market.

7.4 /10
Trust Score
0/100
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Min. Deposit
5
Trading Fees
Deposit Fee
Withdrawal Fee

Overview

Explore our in-depth RoboForex review tailored for Kenya's forex traders. Discover insights and make informed decisions in the Kenyan forex market.

Pros

  • Low minimum deposit requirement (as low as $10)
  • Wide range of trading instruments (forex, stocks, indices, cryptocurrencies, commodities)
  • Multiple account types including ECN, Prime, and Cent accounts
  • Leverage up to 1:2000 for certain account types
  • Quick account opening process and negative balance protection
  • Access to MetaTrader 4, MetaTrader 5, and proprietary R Trader platforms

Cons

  • Not regulated by top-tier authorities (regulated by IFSC Belize)
  • Withdrawal fees apply to several payment methods
  • Inactivity fees charged after 12 months of no trading
  • Limited educational resources compared to industry leaders
  • Some complaints about slow customer support response times

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