By Albert Czajkowski, Editor and founder of ForexRev

RoboMarkets Review 2026: No More Forex and CFDs in the EU, Now a BaFin Stock Broker

RoboMarkets (formerly RoboForex (CY)) was long known as a forex and CFD broker licensed by CySEC (191/13). That has changed: since early 2025 the group’s European entities no longer offer forex or CFDs to retail clients. EU retail clients are served by RoboMarkets Deutschland GmbH (Frankfurt, BaFin ID 10154068) — stocks, ETFs and bonds only — while Cyprus-based RoboMarkets Ltd technically runs their accounts (as operator of the platform and the Prime/Prime Stocks accounts) and holds client deposits.

In short: RoboMarkets is no longer a forex broker in the EU. The German entity offers European and US stocks on primary exchanges (Xetra, NYSE, NASDAQ) from 0.075% per side, with no account maintenance fee, on R StocksTrader with TradingView integration. In 2026 RoboMarkets Ltd reached a €100,000 settlement with CySEC (decision of 25 May 2026, announced on 24 August 2026) over possible breaches including retail CFD rules. Checked on 25 October 2026.

1. What happened to forex and CFDs

In September 2024 the group announced a new European model: RoboMarkets Deutschland GmbH (BaFin) became the hub for EU retail clients, focusing exclusively on stocks, bonds and ETFs, while RoboMarkets Ltd (CySEC 191/13) was to move to institutional clients. According to robomarkets.de (3 November 2026), RoboMarkets Ltd still technically runs the accounts of RoboMarkets Deutschland retail clients and holds their deposits. Leveraged forex and CFDs have not been available through the group’s European entities since early 2025 (Finance Magnates, 9 Sep 2024). The RoboForex brand continues outside the EU without EU protections.

2. CySEC settlement (2026)

By a decision of 25 May 2026 (announced on 24 August 2026), CySEC reached a €100,000 settlement with RoboMarkets Ltd over possible breaches of the Investment Services Law (organisational requirements, general principles and information to clients, appropriateness assessment) and of Article 42 of MiFIR and CySEC Directive DI87-09 (restrictions on selling CFDs to retail clients) between June 2023 and 28 June 2024; the amount has been paid (CySEC announcement; see also Finance Magnates, 24 Aug 2026). CySEC had earlier ordered the broker to stop offering non-monetary rewards to retail clients. A settlement is not a finding of a breach.

3. RoboMarkets Deutschland offer

• European and US stocks on primary exchanges (Xetra, NYSE, NASDAQ and other EU venues), ETFs and bonds.
• From 0.075% per side with no fixed charges or minimum fees per trade; free account maintenance and market data.
• R StocksTrader (web, app, desktop) with TradingView integration and a visual strategy builder.
• Deposits by bank transfer and card.

4. Looking for a forex broker?

• Tickmill — Raw account from 0.0 pips.
• Pepperstone — Razor, MT4/MT5, cTrader.
• XTB — CFDs plus real stocks and ETFs.

5. How to open a RoboMarkets account — step by step

1. Register on the RoboMarkets website — EU clients should be served by an EU company: RoboMarkets Deutschland GmbH (Frankfurt) — BaFin ID 10154068. Check the company name in your client agreement before depositing.
2. Enter your personal details and complete the questionnaire.
3. Verify your identity with a passport or ID card and a proof of address (e.g. a utility bill or bank statement), as required by anti-money-laundering rules.
4. Choose the account type and base currency. An account in the currency you deposit in saves conversion costs.
5. Fund the account. Deposits are accepted only from accounts or cards in your own name.
6. Install the platform (R StocksTrader (web, app, desktop), TradingView) or log in via your browser. Practise on a demo account first, if the broker offers one.

6. What trading with RoboMarkets really costs

Below are the costs from the summary table above — taken from RoboMarkets’s website and documents when we updated this review:

• Fees: from 0.075% per side; no account or market-data fees

7. Withdrawing money from RoboMarkets — how it works

You request a withdrawal in the client area. Under anti-money-laundering rules, funds usually go back via the method used to deposit (e.g. to the card up to the amount deposited by card) and only to an account or card in your own name. The first withdrawal may require full account verification, so upload your documents right after registering. Only free funds that are not used as margin can be withdrawn.

8. RoboMarkets compared with other brokers

For comparison, here is RoboMarkets next to other brokers whose reviews we updated in October 2026. Figures come from their summary tables — see the full reviews for details.

9. How your shares and cash are protected

Buying shares, ETFs or bonds with RoboMarkets outright involves no leverage and no CFDs — you cannot lose more than you invest. Client securities are held separately from the company’s own assets, so they are not part of the estate if the firm goes bankrupt. Client deposits go to segregated accounts of RoboMarkets Ltd in Limassol, and according to the investor compensation information published on robomarkets.de, clients are covered by the Cyprus Investor Compensation Fund (ICF): 90% of covered claims, up to €20,000.

Options, futures or buying with money borrowed from the broker are leveraged — losses can be larger and faster than with a plain share purchase.

10. Tax on profits from RoboMarkets

Tax treatment depends on your country of residence. RoboMarkets generally does not file tax returns for you, so keep the annual statement of trades from the client area. For Polish residents: profits from a foreign broker are reported in the PIT-38 return (19% tax), with foreign-currency amounts converted at the National Bank of Poland average rate from the business day before each trade.

11. FAQ

Risk warning: investing in stocks, ETFs and bonds puts your capital at risk. This page is for information only and is not investment advice.