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RBFXpro Review

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RBFXpro Review by professional Forex trading experts the “” FX trading team, Finding out everything you need to know about the broker is in this RBFXpro Review.

RBFXpro Review

RBFXpro has five types of live trading accounts, plus a free demo account. The trading portfolio consists of 32 forex paris, plus CFDs, oil and spot metals.

The company. Security of funds

Company Country Regulation
RBFXpro Vanuatu VFSC

RBFXpro is based and regulated in the offshore zone Vanuatu, which is a popular destination for forex brokers thanks to its lax legislation and very low taxes. Generally such places attract many scam brokers whose only goal is to attract unsuspecting clients and then make off with their money, so it is better to avoid them. Even if their intentions are honest, the weak regulation means the companies are not required to offer client protection and this brings additional risk of losing one’s money in case the company goes bankrupt.

There are regulators like UK’s FCA and the Australian Securities and Investment Commission (ASIC) who have much stricter requirements and the brokers regulated by them enjoy pretty good reputation.

Trading platform

RBFXpro, like hundreds of other forex brokers, offers the most popular trading platform – MetaTrader 4 (MT4) – as a desktop program and as the applications for mobile devices.

MT4 has many functionalities and charting and technical analysis tools. It supports multiple order types, autotrading, Expert Advisories and is user-friendly and stable. The platform also lets users devise and implement own trading strategies and allows hedging. Among other things, MT4 supports money management accounts as well.

Payment methods

RBFXpro offers multiple payment methods. The broker accepts deposits through bank transfer and credit and debit cards, as well as through the online payment systems Payeer, Skrill, WebMoney and Neteller.

Much like the majority of its offshore peers RBFXpro is an unremarkable forex broker. There is nothing that sticks out as a deal breaker. – The broker’s trading conditions are average

The Broker is not a safe forex broker, Instead you can use Plus500, XM, eToro, Fxpro or AvaTrade forex brokers.

RBFXpro Review Conclusion

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