Reply To: Roboforex – legit or scam?

#193874
James Barra
Moderator
    DayTrading.com Team

    Hi Del,

    I’m saying RobForex is a legitimate company but brokers authorized by more respected regulators (eg the FCA in the UK and the ASIC in Australia) are generally safer.

    You still risk losing any money you invest but tightly-regulated brokers typically offer stronger safeguards, eg access to investor compensation in the event of broker insolvency and lower leverage limits to protect against huge losses.