BelizeRegulationFSC Belice
Min. deposit$10
Leverage1:1 – 1:2000
PlatformsMT4, MT5, cTrader, R StocksTrader
InstrumentsForex & CFDs
Founded2009
🏛️ Which entity will open your account?
📍 Pick your country above and we'll tell you exactly which entity opens your account at RoboForex.
How is this decided and how do I verify it? →Regulation by region
The entity you sign with — and your protection — changes depending on where you live.
United Kingdom
Unregulated / doesn't provide service
No FCA license; doesn't serve United Kingdom clientsEuropean Union
Via RoboMarkets (CySEC)STP
RoboMarkets Ltd (191/13) — ICF up to €20,000 (separate brand for the EU)United States
Doesn't provide service
Restricted countryAustralia
Doesn't provide service
Restricted countryRest of the world
Offshore Belize, bad reputation for withdrawalsMarket maker / STP
RoboForex Ltd (FSC Belize 000001272) — no compensation; frequent complaints of blocked withdrawalsAll licenses
Every regulator where the group holds a license, with its execution model. The entity that applies to you depends on your country (see above).
Account types
Promarket maker, fixed/floating spreads, MT4/MT5
ECNSTP/ECN, per-lot commission, MT4/MT5
Primelow institutional spreads
ProCentcent account (internal dealer)
R StocksTraderproprietary stocks/ETFs platform
Pros
✓Competitive costs
Cons
✗No tier-1 regulation (offshore)
✗Withdrawal complaints / confiscation
✗Very high leverage (more risk)
Breakdown by axis
The total score (out of 100) is the sum of the 7 axes, with the same yardstick for everyone. Below each one, the rationale with its source.
Regulation: Offshore6/22 pts
Why: FSC Belize ONLY (lic. 9759600), NO tier-1 license under the RoboForex brand; its sister RoboMarkets (CySEC) is a separate entity
Withdrawals / payments: Delays / complaints4/20 pts
Why: Trustpilot ~2.5: pattern of delayed/stuck or cancelled withdrawals, KYC request loops and account blocks
Fund safety: Segregated (no compensation)8/15 pts
Why: civil liability insurance up to €2.5M + negative balance; segregation isn't listed on the official regulation page (not confirmed in a primary source)
Transparency: With caveats5/10 pts
Why: Financial Commission cat. A (compensation up to €20k/case) but regulation only in Belize
Reputation: Mixed5/10 pts
Why: pays affiliates very well (up to 85% of spread, daily) but poor withdrawal reputation (Trustpilot ~2.5)
Costs: Competitive8/8 pts
Why: ECN from 0.0 pip + ~$1.5/side; min deposit $10
Flags detected
🚩[regulation] offshore -> FSC Belize ONLY (lic. 9759600), NO tier-1 license under the RoboForex brand; its sister RoboMarkets (CySEC) is a separate entity
🚩[withdrawals] delays -> Trustpilot ~2.5: pattern of delayed/stuck or cancelled withdrawals, KYC request loops and account blocks
Sources
Don't take our word for it — check it yourself. These are the official registries and legal pages we relied on.
🔗 RoboForex — regulation (FSC Belize)🔗 Belize FSC — license verification🔗 CySEC registration — RoboMarkets Ltd (191/13)🔗 ⚠ Forex Peace Army — RoboForex withdrawal complaintsTrader reviews
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