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RoboForex in India — review, licence and costs
Score (6 of 6 axes scored)
ranked against full-basis brokers
- Reviews25%0
- Round-turn cost20%100
- Safety20%10
- Payouts15%60
- Track record10%85
- Platforms10%70
Numbered by weight: axis 1 counts for most.
Key facts (6 facts)
- Onboarding entity
- RoboForex Ltd
- Founded
- 2009
- Retail leverage
- 2000IN
- Round turn
- 4 USDIN
- Currencies
- No INR; USD/EUR (GOLD).
- Swap-free account
- yes
"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.
Licence check
Open an account with RoboForexThe broker's own website. Not a partner link — we earn nothing from it.
Who actually onboards you
- Entity that onboards India residents
- RoboForex Ltd
- Local standing
- Offshore, not SEBI-authorized; offshore FX margin trading restricted under FEMA (penal risk); RoboForex naming on RBI Alert List not verified at review.
- Licence as the register states it
- No SEBI licence; FSC Belize No. 000138/7 (per broker).
- Leverage for this entity
- Up to 1:2000 (Pro/ProCent); 1:500 ECN/R StocksTrader.
- The firm behind it
- Founded 2009; RoboForex Ltd, Belize; CopyFX copytrading.
- What we hold against it
- Offshore, no tier-1 regulator; FEMA restricts offshore FX for residents; FCA warned clone 'Robbo Forex'.
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Indian residents enters the score.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youOffshore, not SEBI-authorized; offshore FX margin trading restricted under FEMA (penal risk); RoboForex naming on RBI Alert List not verified at review.
- Regulator warning on filenone found
— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.
Price against India market median(priced from 65 of 90)
Medians run over the 65 of 90 brokers that publish a price for India, never over the whole base. A spread without its commission is not a price and is not counted.
Accounts
Account types the broker names for this country: Pro, ProCent, ECN, Prime, R StocksTrader, min from USD 10. The figures below are the broker's own and do not differ by account in any source we captured.
Swap-free account terms
Terms read from the account page on 01.10.2026. The cap on open positions is not published.
Where RoboForex sits in the India base(90 brokers)
Round-turn cost, USD (65 of 90 priced)
Median 7 USD · range 2-18 · this broker 4 USD · 25 of 90 brokers do not publish it
Minimum deposit, USD (16 of 90 priced)
Median 15 USD · range 0-1000 · this broker 10 USD · 74 of 90 brokers do not publish it
Retail leverage (49 of 90 with a India figure)
Median 1:500 · range 20-5000 · this broker 1:2000 · 41 of 90 brokers do not publish it
Withdrawal time published (90 brokers)
Payouts
Identical for every row: Deposit, h 24 · Fee, USD 0 · Min, USD 50.
Deposit and withdrawal methods (4 methods · 1 local)
UPI and local INR transfer reported;
- UPIlocal
- Cards
- Wire
- E-wallets
- Account currency
- No INR; USD/EUR (GOLD).
- Fee declared
- 4 of 4 methods
- Withdrawal back to
- the funding method
Where it does not serve(20 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(6 platforms)
- MT4
- MT5
- cTrader
- R StocksTrader
- R MobileTrader
| Class | Count | Min spread |
|---|---|---|
| MT4 | — | 1.3 |
| MT5 | — | 1.3 |
| cTrader | — | 1.3 |
| R StocksTrader | — | 1.3 |
| R MobileTrader | — | 1.3 |
| Forex pairs | 28 | — |
138 further account types are named by their brokers but publish none of these figures, so they are not in the comparison: Eightcap Standard, Eightcap Raw, Fusion Markets Classic account, Pepperstone Standard, Pepperstone no minimum deposit, Trade Nation Two live tiers - lower-leverage and 132 more.
Identical for every row: Leverage 2000 IN.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 2.1 | 5, 118 |
Share of reviewers in India: — The platform does not publish it.
Pros and cons(5 for and 2 against, each tied to a figure on this page)
- Round turn 4 USD on the raw + commission basis, under the India median 7
- Min deposit 10 USD, under the India median 15
- Swap-free account available
- Round-turn cost 100 of 100, its strongest of 6 scored axes
- 5 platforms: MT4, MT5, cTrader, R StocksTrader
- No India authorisation on file: the entity that onboards you is licensed elsewhere
- Reviews 0 of 100, its weakest of 6 scored axes
Alternatives in India(6 of 90 scored in India)
- Round turn, USD
- 4.5IN
- Min deposit, USD
- 0IN
- Leverage
- 500IN
- Rank in this country
- #3
- Round turn, USD
- 3.1IN
- Min deposit, USD
- 1 groupIN
- Leverage
- 2000IN
- Rank in this country
- #43
- Round turn, USD
- 3IN
- Min deposit, USD
- 50IN
- Leverage
- 500IN
- Rank in this country
- #9
- Round turn, USD
- 6IN
- Min deposit, USD
- 0 groupIN
- Leverage
- 500IN
- Rank in this country
- #15
- Round turn, USD
- 7IN
- Min deposit, USD
- 10 groupIN
- Leverage
- 200IN
- Rank in this country
- #19
- Round turn, USD
- 6IN
- Min deposit, USD
- 50IN
- Leverage
- 500IN
- Rank in this country
- #27
Methodology(6 axes · formula v1.0)
Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a India score. Full methodology
| Axis | Weight | What is measured | RoboForex |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 0 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | 100 |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 10 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | 60 |
| Track record | 10% | Years since the firm was founded, from its own filings | 85 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 70 |
FAQ
- Does RoboForex accept residents of India?
- No. Offshore, not SEBI-authorized; offshore FX margin trading restricted under FEMA (penal risk); RoboForex naming on RBI Alert List not verified at review. Onboarding entity: RoboForex Ltd
- Is RoboForex licensed to serve clients in India?
- No SEBI licence; FSC Belize No. 000138/7 (per broker). Checked on 09.07.2026.
- How much does one round turn cost at RoboForex?
- About 4.0 USD per standard lot on EUR/USD. The median across brokers measured for India is 7.0 USD.
- What leverage does RoboForex offer to retail clients in India?
- Up to 1:2000. Up to 1:2000 (Pro/ProCent); 1:500 ECN/R StocksTrader.
- Which trading platforms does RoboForex support?
- MT4, MT5, cTrader, R StocksTrader, R MobileTrader. Instruments: 12,000+ instruments: FX, stocks, indices, metals, energy, crypto CFDs.
- How can I withdraw money from RoboForex in India?
- UPI and local INR transfer reported; cards, wire, e-wallets.
- What account types does RoboForex offer?
- Pro, ProCent, ECN, Prime, R StocksTrader; min from USD 10.
- Does RoboForex offer a swap-free (Islamic) account?
- Yes. RoboForex offers a swap-free (Islamic) account to India residents.
Cost calculator (median of 65 priced of 90)
EURUSD round turns at the prices captured 01.10.2026. Shown in USD only: we do not publish a INR conversion because the exchange rate is not part of our data.