RoboBroker has been flagged by Autorité des marchés financiers for "Unregistered/Unlicensed entity offering financial products or services". RoboBroker is not registered with the Autorité des marchés financiers (AMF) and is not authorized to solicit investors in Québec.
Last known city: Amsterdam, Netherlands. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: robobrokerltd.com.
RoboBroker has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Quick verification|Economic calendar|Dedicated account manager
Cons: Inactivity fee applies after 12 months
I closed a profitable position at RoboBroker and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Clear documentation|Competitive fees
Cons: Cannot customize dashboard fully|Email notifications too frequent
Several red flags with RoboBroker: (1) They promise unrealistically high returns, (2) They're not registered with Autorité des marchés financiers, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Not registered with regulators|Unrealistic promises
I trusted RoboBroker with a significant portion of my savings and I deeply regret that decision. Not because of market losses, but because of how poorly the platform performed and how dismissively the support team treated my concerns.
Pros: Economic calendar|Two-factor authentication|Regular platform improvements|Good mobile app
Cons: Live chat only during business hours|Onboarding videos are outdated
I opened an account with RoboBroker since I opened my account last year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Demo account available|Economic calendar|Easy to use platform
Cons: Mobile app could be improved|Account statements could be more detailed
Tried to withdraw my funds from RoboBroker and was told I needed to pay a "withdrawal tax" of 20%. This is a red flag. No legitimate broker charges withdrawal taxes. When I refused, they became aggressive and eventually stopped all communication. My entire investment is gone.
Cons: Cannot withdraw funds|Not regulated|Pressure tactics
RoboBroker offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Segregated accounts|Comprehensive tools
Cons: Minor UI glitches occasionally
The only good thing about RoboBroker is that they remind you why regulation matters. I found them after comparing multiple platforms. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Reliable uptime|Full transparency
Cons: Account statements could be more detailed|Currency conversion fee exists
I wanted to transfer my portfolio from another broker to RoboBroker. They said they do not accept in-kind transfers for my asset type. I had to sell, withdraw, deposit, and rebuy - incurring taxes and spread costs. They did not tell me this before I signed up.
Pros: Wide product range|Portfolio tracking tools|Great customer service|Segregated accounts
Cons: Onboarding videos are outdated
I experienced a security concern with my RoboBroker account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: High security standards|Quick verification
Cons: Onboarding videos are outdated