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RoboForex Review

RoboForex logo with review text on a black and red background.

Overall, RoboForex offers account variety, high leverage, and access to over 12,000 instruments across forex, stocks, and ETFs. You can open an account with $10, choose between several platforms, and access global markets. It isn’t regulated in Kenya, but does hold a licence from Belize.

★★★★★
Minimum Deposit: $10
Regulated by: FSC
Leverage: Up to 1:200

Is RoboForex regulated, and is it safe for Kenyan traders?

RoboForex is not licensed by the Capital Markets Authority (CMA) in Kenya. However, it is regulated by the FSC in Belize and is a member of The Financial Commission, which offers dispute resolution and compensation up to €20,000 per case.

Can Kenyan traders use RoboForex on mobile?

Yes. RoboForex supports mobile trading apps for MT4, MT5, and R StocksTrader, available on Android and iOS.

RoboForex Kenya Overview: Company Info and Contact Details

CategoryDetails
🏦 Kenya Office AddressRoboForex does not have a registered office in Kenya.
📧 Email SupportNo direct email. Support is provided through the ticket system in your Members Area.
📞 Phone Support (Kenya)Call +593 964 256 286
💬 Live ChatYes. Available 24/7 through the website and Members Area.
⏱️ Customer Support Hours24/7 support available, including weekends and holidays.
⏳ Office Operating HoursBusiness hours for internal offices. Support is available round-the-clock.
🌐 Official Websitewww.roboforex.com
🚀 Sign up👉 Open Account

5 Best Forex Brokers in Kenya

Rank
Broker
Review
Regulators
Min Deposit
Official Site
🥇
Read ReviewCBI, BVI, FSC, ASIC, FSCA, JFSA, FFAJ
$100
Visit Broker
🥈
Read ReviewGlobally regulated with multiple licences from respected financial regulators.
$10
Visit Broker
🥉
Read ReviewFCA, FSA, FSCA, CMA
$0
Visit Broker
#4
Read ReviewFSA, CySEC, FSCA, FSC
$10
Visit Broker
#5
Read ReviewFSC, CySEC, ASIC
$5
Visit Broker

Is RoboForex Regulated? Fund Safety and Legal Info

Is RoboForex Regulated Fund Safety and Legal Info

 

RoboForex is regulated, but not licensed, by Kenya’s Capital Markets Authority (CMA). It operates as an offshore broker for Kenyan traders. Oversight is handled internationally, with regulation in Belize and membership in The Financial Commission.

While that doesn’t offer local protection, RoboForex participates in external dispute resolution and carries civil liability insurance.

 

Regulator / AuthorityRegion / CountryLicense / Registration No.Status / Description
Financial Services Commission (FSC)Belize000138/32RoboForex Ltd is licensed under the Securities Industry Act. The FSC oversees compliance, licensing, and broker conduct within and beyond Belize.
The Financial CommissionInternationalN/ARoboForex is an “A” category member. Disputes may be escalated to this body, and clients are eligible for compensation up to €20,000 per case.
Verify My Trade (VMT)InternationalN/ARoboForex submits 5,000 trades monthly for independent quality checks. This service audits execution accuracy and confirms adherence to Financial Commission standards.

RoboForex Trading Accounts: Features, Spreads, and Conditions

💻 Live Account💳 Minimum Dep.👉 Open an account📊 Leverage💸 Commissions
ProCent$10👉 Open AccountUp to 1:2000No
Pro$10👉 Open AccountUp to 1:2000No
Prime$10👉 Open AccountUp to 1:300Yes
ECN$10👉 Open AccountUp to 1:500Yes
R StocksTrader$100👉 Open AccountUp to 1:500 (Forex), 1:20 (stocks)No

 

ProCent Account

roboeforex pro cent account

 

Account FeatureValue
💻 Trading PlatformsMetaTrader 4, MetaTrader 5
📉 Spread PipsVariable, starting from 1.3 pips
💰 Minimum Deposit$10
📈 Maximum LeverageUp to 1:2000
💹 Trading Instruments28 currency pairs, metals
🏆 Best ForMicro-lot traders, testing bots, beginners
✅ AdvantagesCent-based balance, fixed monthly rebates, interest on balance, swap-free option available
🚀Sign up👉 Open Account

 

Pro Account

roboforex pro account

 

Account FeatureValue
💻 Trading PlatformsMT4 and MT5
📉 Spread PipsFrom 1.3 pips
💰 Minimum Deposit$10
📈 Maximum LeverageUp to 1:2000
💹 Trading InstrumentsFX pairs, metals, CFDs on indices, oil, US stocks, and futures
🏆 Best ForNewer traders, everyday trading, swap-free accounts
✅ AdvantagesCashback offers, interest payouts, wide platform support, no commissions
🚀Sign up👉 Open Account

 

Prime Account

roboforex prime account

 

Account FeatureValue
💻 Trading PlatformsMT4 and MT5
📉 Spread PipsStarts from 0.0 pips
💰 Minimum Deposit$10
📈 Maximum LeverageUp to 1:300
💹 Trading InstrumentsForex, metals, indices, energy, US stock CFDs, and futures
🏆 Best ForHigh-volume traders, short-term strategies, lower spreads
✅ AdvantagesCommission refunds up to 10%, tight pricing, interest bonus
🚀Sign up👉 Open Account

 

ECN Account

roboforex ecn account

 

Account FeatureValue
💻 Trading PlatformsMetaTrader 4 and 5
📉 Spread PipsFrom 0.0 pips (floating)
💰 Minimum Deposit$10
📈 Maximum LeverageUp to 1:500
💹 Trading InstrumentsFX pairs, metals, CFDs on global indices, energy, US stocks, futures
🏆 Best ForTraders needing raw pricing and fast order execution
✅ AdvantagesRebate on commissions, interest bonus, high-speed trading
🚀Sign up👉 Open Account

 

R StocksTrader Account

roboforex r stock account

 

Account FeatureValue
💻 Trading PlatformsR StocksTrader (web and mobile)
📉 Spread PipsFrom $0.02 on shares; from 1.3 pips on FX and indices
💰 Minimum Deposit$100
📈 Maximum Leverage1:500 on FX, 1:20 on stocks and ETFs
💹 Trading InstrumentsOver 12,000 — real shares, CFDs, forex, indices, commodities, ETFs
🏆 Best ForTraders managing multi-asset portfolios or focusing on US markets
✅ AdvantagesFractional share access, no stock CFD commissions, browser-based trading
🚀Sign up👉 Open Account

 

Demo Account

★★★★★
Minimum Deposit: $10
Regulated by: FSC
Leverage: Up to 1:200

 

Account FeatureValue
💻 Trading PlatformsMT4, MT5, R StocksTrader
🛠️ FeaturesSimulated pricing with full access to all platforms and asset types
🏆 Best ForPractice trading, testing strategies, platform walkthroughs
🚀Sign up👉 Open Account

 

Islamic Account

roboforex islamic account

 

Account FeatureValue
💻 Trading PlatformsMT4 (Pro and ProCent accounts only)
📉 Spread PipsSame as Pro/ProCent accounts — from 1.3 pips
💰 Minimum Deposit$10
📈 Maximum LeverageUp to 1:2000
💹 Markets OfferedForex and metals
🏆 Best ForTraders avoiding interest-based accounts under Islamic principles
✅ AdvantagesFlat fee replaces swaps, no interest charges, no change in pricing or leverage
🚀Sign up👉 Open Account

 

What types of trading accounts does RoboForex offer in Kenya?

RoboForex provides several account types for Kenyan traders, including Pro, ProCent, ECN, Prime, and the R StocksTrader account, each designed with different features, minimum deposits, and fee structures to suit various trading styles.

What are the features of RoboForex’s demo account for Kenyan traders?

RoboForex’s demo accounts for Kenyan traders offer a risk-free environment to practice trading with virtual funds. They fully simulate live trading conditions across all available platforms (MT4, MT5, R StocksTrader) and instruments, making them ideal for strategy testing and platform familiarization.

RoboForex Account Registration: Step-by-Step Process

 

Step 1: Register a Trading Profile

roboforex open account step 1

 

Start by visiting the RoboForex website and selecting ‘Open an Account’. You’ll need to enter your full name, email address, date of birth, and a valid Kenyan phone number. Create a secure password and accept the terms and conditions. After submitting, RoboForex will send login details to your email.

 

Step 2: Complete the Verification Process

roboforex open account step 2

 

Once you’ve logged into the Members Area, the next step is account verification. Upload a photo or scan of your national ID card, passport, or driver’s licence.

You’ll also need a recent utility bill or bank statement that shows your full name and current address. The document must be less than six months old.

Verification is usually processed within a few hours, though it may take longer if any documents are unclear or incomplete.

 

Step 3: Choose a Trading Platform

roboforex open account step 3

 

Choose a platform that suits your strategy or device preference. MetaTrader 4 works well for most forex traders. MetaTrader 5 includes more instruments and features. R StocksTrader is ideal if you want access to global shares, ETFs, and other asset classes through a browser or app.

 

Step 4: Open a Live Trading Account

roboforex open account step 4

 

Inside the Members Area, go to the account settings and select ‘Open a Trading Account’. You’ll need to set the account type, base currency (USD, EUR, or GOLD), leverage (up to 1:2000 depending on the account), and platform.

If you want a swap-free account, you can request this for MT4-based Pro or ProCent accounts. You can’t have any open trades when submitting the request.

 

Step 5: Fund the Account

roboforex open account step 5

 

Choose ‘Deposit Funds’ and select a payment method. Most Kenyan traders use international cards or crypto for speed and reliability.

The minimum deposit is $10 for most accounts, except R StocksTrader, which starts at $100. Currency conversion applies if you deposit in KES or another unsupported currency.

 

Step 6: Install and Log in to Your Platform

roboforex open account step 6

 

Download the platform you selected (MetaTrader 4, MetaTrader 5, or R StocksTrader). Mobile apps are available for Android and iOS. You must use the account number and password provided in the Members Area to log in.

 

Step 7: Activate Optional Account Features

roboforex open account step 7

 

In your dashboard, you can enable cashback (rebates), interest on unused balance, or request VPS access if you use trading bots. If you applied for a swap-free account, it will be shown once approved. Keep in mind that RoboForex may review swap-free eligibility at its discretion.

★★★★★
Minimum Deposit: $10
Regulated by: FSC
Leverage: Up to 1:200

Comparing RoboForex, XM, and HFM for Kenyan Traders

RoboForexXMHFM
⚖️ RegulationFSC Belize, CySEC (non-CMA)FSC Belize, CySEC, FCA, ASIC (non-CMA)CMA Kenya, FCA, CySEC, FSCA, FSA, DFSA
📱 Trading PlatformMT4, MT5, R StocksTraderMT4, MT5, XM AppMT4, MT5, HFM App, WebTerminal
💰 Withdrawal FeeNo internal feesNo broker feeNo broker fee
📊 Demo AccountYesYes, unlimitedYes, unlimited
📈 Minimum DepositFrom $10 (some from $100)$5From $0
📈 LeverageUp to 1:2000 (varies by account)Up to 1:1000Up to 1:2000
📊 SpreadFrom 0 pips (Prime/ECN)From 0.8 pips (Ultra Low)From 0.0 pips (Zero), 1.2 pips (Standard)
💰 CommissionsFrom $2 per lot (Prime/ECN)Only on Shares accountZero account from $6 per lot
✴️ Margin Call/Stop-Out40% / 20%50% / 20%50% / 20%
✴️ Order ExecutionMarket execution, high-speedUnder 1 secondMarket execution
💳 No-Deposit BonusNoNoNo
📊 Cent AccountsYes (ProCent)NoYes
📈 Account Types5+ (ProCent, Pro, Prime, ECN, Stocks)3 (Standard, Ultra Low, Shares)6+ (Cent, Premium, Pro, Zero, HFcopy, etc)
⚖️ CMA RegulationNoNoYes
💳 KES DepositsNo native KES, USD onlyNo native KES, card/e-wallet supportedYes, M-Pesa and bank supported
📊 Kenyan Shilling AccountNoNoYes
👥 Customer Service Hours24/724/724/5
📊 Retail Investor AccountsYesYesYes
☪️ Islamic AccountYes (Pro/ProCent MT4 only)Yes (Standard, Ultra, Shares)Yes (all accounts eligible)
👉 Open account👉 Open Account👉 Open Account👉 Open Account

Which Trading Platforms Does RoboForex Offer?

RoboForex gives you access to MetaTrader 4, MetaTrader 5, R StocksTrader, CopyFX, and VPS hosting. Each one supports different trading styles, asset access, and account types.

 

R StocksTrader (Web Terminal)

 

roboforex r stocktrader platform

 

R StocksTrader supports forex, US stocks, ETFs, indices, oil, and metals, with over 12,000 instruments in total.

 

Key Features

  • Level II market depth and real-time order flow.
  • Dividend and split notifications.
  • Strategy builder with drag-and-drop tools.
  • Hedging and netting account modes are supported.

 

R StocksTrader is ideal if you want to trade across asset classes and manage positions without installing any software.

 

MetaTrader 5 (MT5)

 

roboforex metatrader 5

 

MT5 is available on desktop, browser, and mobile, and supports algorithmic trading through MQL5.

 

Key Features

  • Market Depth for price visibility beyond the spread.
  • Free VPS when you deposit $500 or more.
  • Four order execution modes and six pending order types.
  • Built-in strategy tester with multi-threading.

 

MT5 suits traders using custom bots, testing strategies, or managing positions in forex and CFDs.

 

MetaTrader 4 (MT4)

 

roboforex metatrader 4

 

RoboForex offers the complete MT4 package, including mobile, desktop, and browser access.

 

Key Features

  • In-terminal access to Expert Advisors and tools.
  • Supports multiple RoboForex account types.
  • One-click trading and chart-based order entry.
  • Over 50 indicators and custom script support.

 

MT4 is best for traders who want a reliable forex and CFD setup with customisation options and automated trading.

 

VPS Hosting

 

roboforex vps

 

RoboForex offers a VPS service for traders using MT4 or MT5. You need to meet monthly trading requirements to access it for free.

 

Key Features

  • Remote access via Windows Server 2019.
  • One core CPU, 1 GB RAM, 30 GB hard drive.
  • Available for $5/month or free with trading volume.
  • Operates 24/7 without interruption.

 

The VPS is ideal if you use Expert Advisors or manage trades without relying on your device or internet uptime.

 

CopyFX (Copy Trading)

 

roboforex copyfx

 

CopyFX is RoboForex’s built-in copy trading feature that works inside MT4, MT5, and R StocksTrader.

 

Key Features

  • Transparent performance stats for each strategy.
  • No fees for using the copy platform itself.
  • Copy any trader’s strategy with manual stop options.
  • Set your lot sizes and risk levels.

 

CopyFX is ideal for those who want to follow proven strategies but still manage their exposure and risk.

 

What is the R StocksTrader platform, and how can Kenyans use it?

R StocksTrader is RoboForex’s browser-based platform with 12,000+ instruments. It includes real shares, ETFs, and strategy-building tools without needing software downloads.

 

Does RoboForex support copy-trading for Kenyan traders?

Yes. CopyFX is available on MT4, MT5, and R StocksTrader. Kenyan traders can copy other strategies or allow others to follow their trades.

 

★★★★★
Minimum Deposit: $10
Regulated by: FSC
Leverage: Up to 1:200

RoboForex Market Coverage for Kenyan Clients

Market TypeMarket DescriptionExamples/Popular InstrumentsReasons Why Kenyan Traders Should Be Familiar With This Type
🏦 Forex CFD40+ major and minor currency pairs with tight spreads, high leverage, and micro-lot sizing. Available across all account types and platforms.EUR/USD, GBP/USD, USD/JPY, EUR/GBPForex is highly liquid, ideal for short-term trading, and widely followed across Kenya. Popular majors offer low-cost entry.
📈 Stocks CFD8,400+ US stock CFDs and 3,000+ real shares through R StocksTrader. Trade leading companies and diversify sector exposure.Apple (AAPL), Netflix (NFLX), Coca-Cola (KO), Tesla (TSLA)Many Kenyan traders are familiar with global brands. CFDs allow equity exposure without buying physical shares.
📊 Indices CFDAccess to global indices as cash CFDs. Trade the broader market instead of individual stocks. Supports micro-lots and multiple platforms.US500, USTECH, US30, DE40, JP225US500 and USTECH are heavily traded by Kenyans seeking US market exposure without stock-picking.
🚀 Crypto CFDNot listed in current RoboForex offering for retail clients in source materials.N/ACrypto CFDs are not supported by RoboForex based on current documentation.
🛢️ Commodities CFDTrade energy CFDs including oil, gas, and ethanol. Leverage up to 1:100 with fast execution and micro-lot support.WTI, Brent, Natural GasOil is a go-to for volatility trading. Brent and WTI are followed closely in Kenyan markets due to global economic impact.
📈 ETFsOver 1,000 ETFs across equities, sectors, currencies, and commodities. Trade via R StocksTrader, with access to leverage and real-time data.SPY, UUP, FITS, PPLTETFs are ideal for long-term exposure. Many Kenyans prefer them for simplified diversification into tech, healthcare, and energy.
📈 MetalsGold, silver, and ETF-linked precious metals available with micro-lots and leverage. Trade via MT4, MT5, or R StocksTrader.XAU/USD, XAG/USD, XAU/EUR, PPLTGold and silver are common hedges among Kenyan investors looking for stable alternatives to equities or currencies.
📈 Futures CFDIndex-based futures CFDs with expiry dates, no delivery, and tight spreads. High leverage available. Covers major US markets.ESM25, NQU25, YMU25Nasdaq 100 futures are used by Kenyan traders for tech exposure. Futures offer broad market coverage in one position.

 

Are bonds available for Kenyan traders on RoboForex?

No, RoboForex does not specifically offer bonds for trading. However, Kenyan traders have extensive access to over 12,000 other instruments, including a wide array of forex pairs, US and global stocks, ETFs, indices, metals, commodities, and futures CFDs.

What Are RoboForex’s Trading and Non-Trading Charges?

RoboForex offers competitive trading costs, but you must pay attention to what is charged on your trades, platform usage, and withdrawals. Kenyan clients can open an account from $10, and spreads can start from as low as zero, but it depends on the account type.

Spreads and Commission Fees

InstrumentTypical SpreadCommissionNotes
EUR/USD (Prime/ECN)From 0.0 pipsFrom $4–$5 per $1M traded (per side)Lowest spreads but comes with commission
EUR/USD (Pro/ProCent)From 1.3 pipsNoneCost is built into the spread
GBP/USDFrom 0.1–1.5 pipsDepends on accountSimilar trend as EUR/USD
XAU/USDFrom 0 pips (Prime/ECN)Charged only on ECN/Prime accountsGold available across all platforms
WTIFrom 0 pips (ECN/Prime)Depends on accountOil volatility affects spread
US500 Index CFD~0.96 pts (Prime/ECN)From $4–$5 per $1M tradedTight spreads on index CFDs
AAPL (Stock CFD)From $0.02None (R StocksTrader)All-in spread cost, no extra fees
ETF (e.g. SPY)From $0.002None (R StocksTrader)Real-time pricing and leverage up to 1:20
NASDAQ Futures (NQU25)From 8.3 ptsCharged on ECN/PrimeTradable via all platforms

 

Overnight Fees (Swap Charges)

These are applied to positions held overnight and vary based on the asset and direction (long or short):

  • EUR/USD: Long -0.93, Short +0.12
  • GBP/USD: Long -0.56, Short -0.27
  • USD/JPY: Long +0.955, Short -3.00
  • XAU/USD (Gold): Long -29.00, Short -3.00
  • XAG/USD (Silver): Long -0.2713, Short -0.0109
  • WTI: Long -6.00, Short -3.00
  • US500Cash: Long -8.6%, Short -1.8%
  • AAPL, TSLA, META: Long -6.00%, Short -3.00%

 

These charges apply daily, and swap-free trading is only available for selected account types with 1:1 leverage.

 

★★★★★
Minimum Deposit: $10
Regulated by: FSC
Leverage: Up to 1:200

 

Deposit and Withdrawal Fees

RoboForex doesn’t charge for deposits, but most withdrawal methods carry a cost. Here’s what Kenyan clients can expect:

  • Skrill: 1%
  • Neteller: 1.9%
  • STICPAY: 2.5% + $0.30
  • Bank Cards: Up to 2.6% + $1.30
  • AstroPay: 0.5%
  • Bank Transfer: Up to 4%

 

All fees are deducted per transaction and are applied regardless of account type.

 

Currency Conversion Fees

If your trading account is in USD and you deposit in KES (or any other currency), RoboForex converts funds using its internal exchange rate. This rate includes a spread on the conversion, which acts as the conversion fee. The same applies when withdrawing.

 

Inactivity Fees

Inactivity PeriodFee ChargedConditions
12+ months$10 per monthCharged if no trades, deposits, or withdrawals within 12 months
Account < $10Entire balance takenRoboForex will zero out remaining funds without warning

How to Deposit and Withdraw with RoboForex in Kenya

roboforex deposit and withdrawals

 

RoboForex supports multiple deposit and withdrawal options for clients in Kenya, including local bank transfers, e-wallets, and card payments.

Most methods are processed within one working day, and deposits are free across the board. Withdrawals, on the other hand, have varying fees depending on which provider you use.

 

MethodTypeDeposit FeeWithdrawal FeeDeposit TimeWithdrawal TimeDeposit Limits (USD)Withdrawal Limits (USD)
Local Bank TransferBank Payment0%Up to 4%Up to 1 working dayUp to 1 working dayUp to 15,000Up to 20,000
AstroPayE-wallet0%0.5%Up to 1 working dayUp to 1 working day10 – 10,00010 – 10,000
SkrillE-wallet0%1%Up to 1 working dayUp to 1 working day10 – 25,0001 – 100,000
NetellerE-wallet0%1.9%Up to 1 working dayUp to 1 working dayUp to 50,0005 – 100,000
STICPAYE-wallet0%2.5% + $0.30Up to 1 working dayUp to 1 working day10 – 49,99910 – 49,999
Bank CardsVISA / MasterCard / JCB0%Up to 2.6% + $1.30Up to 1 working dayUp to 10 working daysFrom 1010 – 10,000
QR & VouchersQR Code / Vouchers0%Up to 1 working day10 – 500
Western UnionVoucher / Cash0%Up to 1 working day10 – 500

 

How to Deposit Funds to RoboForex

  • Log in to your RoboForex Members Area.
  • Open the “Deposit Funds” tab.
  • Choose the trading account you want to top up.
  • Select your preferred deposit method.
  • Enter the amount and pick the deposit currency.
  • Follow the prompts. Some providers will redirect you or ask for extra details to finalise the payment.

 

Deposits in Kenya are typically processed on the same day, unless your bank has internal delays. Local transfers and mobile payments may require additional verification the first time.

 

How to Withdraw Funds with RoboForex

  • Go to “Withdraw Funds” in your Members Area.
  • Pick the trading account to withdraw from.
  • Choose your withdrawal method from the list.
  • Click “Go to” next to the method to open the request form.
  • Enter your withdrawal amount and confirm it using your trading account password.
  • Complete any additional fields required by your payment provider.

 

RoboForex processes withdrawal requests within two business days (between 9:00 and 18:00 EET). Once approved, the transfer timeline depends on your chosen method: bank cards can take longer, while e-wallets tend to clear faster.

 

★★★★★
Minimum Deposit: $10
Regulated by: FSC
Leverage: Up to 1:200

 

Are there any deposit fees when funding a RoboForex account from Kenya?

RoboForex generally offers commission-free deposits for most payment methods. However, it’s advisable to check the “Deposit/Withdrawal” section on their official website for any potential third-party charges that might apply to specific payment methods used from Kenya.

RoboForex Learning Tools and Research Content

RoboForex offers very little in terms of education, but provides a focused set of tools for Kenyans who want to stay informed.

ToolDescriptionPurpose for Traders
📅 Economic CalendarCovers macro events like inflation data, interest rate decisions, central bank briefings, and energy stockpile reports.Helps plan trades around key global events that tend to move USD, oil, and gold — all commonly traded from Kenya.
📈 Market AnalysisDaily technical analysis on FX, gold, oil, US stocks and global indices. Forecasts include price zones and timing.A clear shortcut for those who want to track opportunities without spending hours dissecting charts.
📊 Trading Hours TrackerShows global market open/close times and active hours by region. Highlights which currency pairs tend to move in each session.Useful for scalpers and intraday traders working around Nairobi time who target volatility in London and New York hours.
🗓️ Market Holiday CalendarLists global exchange closures and limited trading days across major financial centres.Helps avoid trading low-volume days, which often affect spreads and slippage — especially in the US and UK markets.
🧮 Trading CalculatorA practical tool for calculating pip value, margin required, spread cost, and swaps — based on your lot size and leverage.Useful for Kenyan clients managing smaller accounts who need to know position cost and risk before entering a trade.

 

Does RoboForex provide educational content or webinars for Kenyan traders?

Yes. RoboForex offers a variety of educational content to support its Kenyan traders, including analytical articles, market forecasts, trading strategies, webinars, and a regularly updated blog to enhance their trading knowledge and skills.

RoboForex Bonuses and How They Work

RoboForex offers multiple rewards tied to your account activity, balance, or trading volume.

These are real financial incentives (not coupons or time-limited “boosts”), and most of them apply automatically if you meet the requirements.

 

$30 Welcome Bonus

 

roboforex 30% bonus

 

Get started without using your full deposit.

  • Available after complete verification and a $10+ deposit via card.
  • Only applies to Pro and ProCent accounts in USD or EUR.
  • Bonus is automatically credited once eligible.
  • Works alongside your deposit, not instead of it.
  • The bonus remains even during trading losses.

 

Cashback (Rebates)

 

roboforex cashbacks rebates

 

Earn a payout every month, no matter your profit or loss.

  • Open to Pro, ProCent, ECN, and Prime accounts.
  • Based entirely on your lot volume, not trade outcomes.
  • Payout rates go as high as 10% for heavy volume.
  • Credited as cash, not locked or restricted.
  • Shown as a “Rebate” in your transaction history.

 

VIP Client Programme

 

roboforex vip client

 

If your balance is high enough, you’re upgraded automatically.

  • Tiers include Silver, Gold, and Platinum based on total funds.
  • Higher cashback and interest bonuses at each level.
  • VPS access without trading volume conditions.
  • Each tier unlocks a personal account manager.
  • VIP perks stack with other bonuses.

 

Account Balance Bonus (Up to 10%)

 

roboforex account balance 10%

 

Get paid a monthly interest based on your trading activity.

  • Calculated based on volume traded in the last month.
  • Starts from 2.5%, goes up to 10% with 1,000+ lots.
  • Paid in withdrawable cash, not bonus credit.
  • Applies to all accounts except R StocksTrader.
  • Requires a quick opt-in from your dashboard.

 

Commission-Free Withdrawals

 

roboforex commission free withdrawal

 

Zero RoboForex fees on specific days of the month.

  • First withdrawal is free every 2nd, 3rd, and 4th Tuesday.
  • Applies to all payment methods, including local transfer.
  • You can withdraw once per day on each of those dates.
  • Available across all account types.
  • Offer resets monthly, not cumulatively.

 

Can Kenyan traders get cashback rewards or loyalty programs with RoboForex?

Yes. RoboForex offers a “Cashback (Rebates)” program that provides rebates on trading volume. They also have a “Profit Share” bonus and other loyalty initiatives designed to reward both new and existing Kenyan clients.

Does RoboForex offer a no-deposit bonus in Kenya, aside from the welcome bonus?

While RoboForex provides a $30 Welcome Bonus upon a minimum $10 card deposit, they do not currently advertise a separate “no-deposit bonus” that would allow Kenyan traders to receive bonus funds without any initial funding.

 

★★★★★
Minimum Deposit: $10
Regulated by: FSC
Leverage: Up to 1:200

RoboForex Affiliate Program Review for Kenyan Partners

RoboForex offers two clear affiliate tracks for Kenyan partners who want to earn from referrals, either by promoting profitable traders or by directly bringing in active clients.

CopyFX Partner Programme

roboforex copyfxpartner

 

CopyFX lets you tap into other people’s strategies and get paid for the traders or investors you bring in. You don’t need to trade yourself. You don’t even need to manage clients. Pick a trader, share your unique link, and let the platform do the rest.

What you get:

  • Weekly payouts are processed automatically in your RoboForex account.
  • The more investors you refer, the more income you build over time.
  • Ideal for influencers, YouTubers, or Telegram groups focused on finance.
  • Earn up to 30% of the trader’s commission when your referred investor makes money.
  • Link multiple traders for broader earning potential and faster scale.
  • Everything is tracked.

 

Infinity Partner Programme

roboforex infinity partner program

 

This is RoboForex’s classic high-payout referral programme. You earn based on how much your referred clients trade, regardless of whether they win or lose. Spreads and swaps generate commission, and the rate is generous compared to what other brokers pay.

What you get:

  • Works on Forex, metals, indices, US shares, and more.
  • Payouts depend on the asset traded (it is higher for pairs like EURUSD or XAUUSD).
  • Great fit for trading educators, affiliate marketers, and algo vendors.
  • Up to 85% of the broker’s spread on client trades.
  • Up to 30% of the overnight swap fee (long or short positions).
  • Sub-partner option: earn 10% of the income of affiliates you refer.

 

How much can a Kenyan affiliate potentially earn with RoboForex’s partner program?

RoboForex’s award-winning Partner Programme allows Kenyan affiliates to earn substantial commissions. Earnings can go up to 70% of the broker’s revenue share, and they can also earn up to $15 per lot traded by their referred clients.

Are there specific tools or resources available for RoboForex affiliates in Kenya?

Yes, RoboForex equips its affiliates with a comprehensive set of tools and resources, including a dedicated Partner Area with detailed statistics, a wide range of promotional materials, banners, landing pages, and marketing support to aid in client acquisition.

★★★★★
Minimum Deposit: $10
Regulated by: FSC
Leverage: Up to 1:200

Contacting RoboForex from Kenya – Support Channels

Customer SupportRoboForex Customer Support
⏰ Operating Hours24/7 — support is available round the clock
🔊 Support LanguagesEnglish, Spanish, Arabic, Chinese, Indonesian and more
👥 Live ChatYes — available via website and client dashboard
☎️ Email AddressContact via ticket in Members Area or live support
🏆 Telephonic Support+593 964 256 286 — international line
📍 The overall quality of RoboForex SupportPrompt and helpful — live chat responds fast, even overnight

Global and African Awards Won by RoboForex

RoboForex has steadily picked up industry recognition across multiple regions, including Africa. Their award wins reflect strong account features, platform stability, and partner rewards; all areas that matter to Kenyan traders looking for consistency.

🗓️ Year🏅 Award Title🌍 Event / Notes
2025Best MT5 Order ExecutionFXEmpire
2025Best CFD Broker for Automated TradingFXEmpire
2025Best Low Spread Micro AccountFXEmpire
2025Best Forex Trading EducationFXEmpire
2025Best Partner ProgrammeProfessional Trader Awards
2024Best Copy Trading BrokerProfessional Trader Awards
2024Best Introducing Broker Programme – LatAmGF Awards (Retail)
2023Best Mobile Trading AppGF Awards (B2B)
2023Best Multi Asset Trading PlatformGlobal Brands Magazine Awards
2022Most Trusted BrokerInternational Business Magazine Awards

 

★★★★★
Minimum Deposit: $10
Regulated by: FSC
Leverage: Up to 1:200

 

Final Thoughts on Trading with RoboForex

RoboForex offers wide market access, decent account variety, and strong platform support, but it’s not without trade-offs. Kenyan traders get the benefit of high leverage and low starting deposits, though the regulation is offshore.

If you want tools like MT5, commission-free stock CFDs, or a multi-asset setup under one login, RoboForex is perfect. Execution is quick, support is responsive, and the rebate system adds some passive value.

However, local features are limited. You won’t find M-Pesa deposits, CMA protection, or shilling-denominated accounts. It’s not a bad choice for traders who already work in dollars or follow international markets.

Beginners might want a more locally anchored option, but RoboForex can suit those building strategies across Forex, metals, and US shares. It works if you’re clear about who’s regulating the broker, how withdrawals work, and what account type matches how you trade.

RoboForex Pros and Cons for Kenyan Traders

🟢 Pros🔴 Cons
Low $10 minimum deposit for most accountsNot regulated by the Capital Markets Authority (CMA)
Multiple account types including ECN, Prime, Pro, ProCent, and R StocksTraderNo Kenyan shilling base currency or M-Pesa deposits
Up to 1:2000 leverage available on Pro and ProCent accountsWithdrawals have fees on most methods
Wide platform access including MT4, MT5, R StocksTrader, and CopyFXNo local customer service number or office in Kenya
Over 12,000 tradeable instruments including real stocks and ETFsConversion charges apply if depositing in KES
Cashback and balance interest bonuses availableInactivity fee charged after 12 months with no activity
Free VPS available with qualifying volumeLeverage restrictions apply to R StocksTrader
Transparent pricing on spreads and commissionsNo direct access to UK or EU compensation schemes
Built-in copy trading with manual override (CopyFX)Fractional share access limited to R StocksTrader
Affiliate and IB programmes with high payout structureNot all account types support all trading instruments
Browser-based trading available via R StocksTrader

RoboForex Review: Detailed Summary

FeaturesDetails
🏛️ HeadquarteredBelize City
🏛️ Kenyan Based OfficeNo
👍 Accepts Kenyan Traders?Yes
📅 Year Founded2009
📱 Kenyan Office Contact NumberNone
⚖️ RegulationInternational Financial Services Commission (IFSC)
🔎License Number000138/210 and registration no. 128.572
⚖️ CBN RegulationNone
✴️ Regional RestrictionsUSA, Canada, Japan, Australia, Bonaire, Curaçao, the Democratic Republic of Timor-Leste, Liberia, Saipan, Russia, Sint Eustatius, Tahiti, Turkey, Guinea-Bissau, Micronesia, Northern Mariana Islands, Svalbard and Jan Mayen, South Sudan, and other regions
☪️ Islamic AccountYes
📈 Demo AccountYes
📈 Retail Investor Accounts5
🚀 Offers a Kenyan Account?No
💻 Dedicated Kenyan Account Manager?No
📈 Maximum Leverage1:2000
📈 Leverage Restrictions for Kenya?No
💳 Minimum Deposit$10 USD (1,295 KES)
💳 Kenyan Shilling Deposits Allowed?Yes, AstroPay
💰 Active Kenyan Trader Stats1.3 million
Active Kenyan-based RoboForex customersUnknown
💰 Kenya Daily Forex Turnover$1.25 million+
💳 Deposit and Withdrawal OptionsBank Transfers, Credit Card, Debit Card, Cash and Vouchers, Bank Wire Transfer, Electronic payments such as Skrill, Neteller, and others
💰 Segregated Accounts with Kenyan Banks?No
💻 Trading PlatformsMetaTrader 4, MetaTrader 5, cTrader, R StocksTrader, RoboForex Terminals, CopyFX app

💰 Tradable AssetsForex, Stocks, Indices, Cryptocurrencies

🌐 Offers USD/KES currency pair?No
🌐 USD/KES Average SpreadN/A
📈 Offers Kenyan Stocks and CFDsNo
👨‍💼 Languages supported on WebsiteEnglish, Polish, Indonesian, Malayan, Portuguese, Spanish, Italian, Czech, Simplified Chinese, Vietnamese, and more.
👥 Customer Support LanguagesMultilingual
👥 Customer Service Hours24/7
👥 Kenyan-based customer support?No
💰 Bonuses and Promotions for KenyansYes
✴️Education for Kenyan beginnersYes
📊 Proprietary trading softwareYes
💰 Most Successful Kenyan TraderUche Paragon ($20 million net worth)
✔️Is RoboForex a safe broker for Kenyans?Yes
✔️Rating for RoboForex Kenya9/10
🌟 Trustworthiness66%

🚀 Sign Up👉 Open Account

Frequently Asked Questions

 

What is the minimum deposit to open a RoboForex account from Kenya?

Kenyan traders can open a Pro, ProCent, ECN, or Prime account with a minimum deposit of $10. The R StocksTrader account requires $100.

 

Does RoboForex support Kenyan shilling (KES) accounts?

No. RoboForex does not offer KES-denominated accounts. All trading accounts are in USD, EUR, or GOLD, and deposits in KES are converted.

 

Does RoboForex offer fixed spread accounts for Kenyans?

No. All spreads at RoboForex are floating, even on ProCent and Pro accounts.

 

How can a Kenyan trader qualify for a swap-free account at RoboForex?

You must request it from the dashboard after opening a Pro or ProCent MT4 account. You cannot have open positions when applying.

 

What deposit and withdrawal methods are available for Kenyans?

Kenyans can use bank cards, e-wallets like Skrill, Neteller, AstroPay, and crypto. Unfortunately, there is no support for M-Pesa or mobile money wallets.

 

What markets can Kenyan traders access through RoboForex?

RoboForex offers access to forex, US and global stocks, ETFs, indices, metals, commodities, and futures CFDs (over 12,000 instruments in total).

 

How much does RoboForex charge in trading fees for Kenyan users?

Spreads on Pro and ProCent accounts start from 1.3 pips with no commission. ECN and Prime accounts offer spreads from 0.0 pips, but charge a commission per trade.

 

Does RoboForex let Kenyan traders withdraw their welcome bonus profits?

Yes. After verifying their account and depositing at least $10 by card, Kenyan traders can receive a $30 welcome bonus. Profits from this bonus can be withdrawn.

 

What customer support is available to RoboForex clients in Kenya?

Support is available 24/7 via live chat, the ticket system, and an international phone line. There is no local Kenyan office or local phone support.

 

Does RoboForex offer negative balance protection for Kenyan traders?

Yes. All retail accounts come with negative balance protection, and Kenyan traders won’t lose more than they deposit.

 

What awards or certifications has RoboForex received?

RoboForex has been awarded for Best MT5 Order Execution, Best CFD Broker for Automated Trading, and Best Partner Programme, among others.

 

9.2/10 - (4 votes)

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