Global Broker Regulation Inquiry App
WikiFX
Ibgentle 
1-2 years
Are there any pros and cons of RoboForex?
Broker Issues
Regulation
04-12
United States
WikiFX
Reply
Yes. RoboForex is regulated by CySEC, NBRB, and FSC (offshore) and offers a wide range of trading instruments, including Stocks, indices, and currencies. It has a minimum deposit requirement of $10, up to 1:2000 leverage, and multiple account types. It also offers round-the-clock customer service, MT4 and MT5 trading platforms, 24/7 customer support, and multiple user-friendly trading platforms to choose from. But the cons are that there are regional restrictions, free withdrawal twice a month only, and limited educational resources.
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