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Account Opening FAQ

On this page you can ask our manager any questions you have. The reply to your question will be sent to your e-mail. Before asking, please look through this page and read the information on it. There may already be an answer to your question.

  1. Why do I need a demo account?

    A demo account is typically used to study the trading platform and trading terms of the broker, to test trading strategies and advisers. To open a demo account, you must complete the registration form.

  2. How do I open a trading account?

    To open a trading account, go through the registration process. With the trading account you get access to the online member area, which enables you to conduct non-commercial operations (for example request a withdrawal of funds).

  3. How do I open an account for a legal entity?

    Please note:

    In case Members Area is registered to a natural person and the account attached to this Members Area were earlier deposited by the natural person, this account can not acquire "Corporate account" status. Please, register new Members Area to a legal entity and send a request from it.

    In the case when the direct/immediate and principal shareholder is another legal person the Company need to verify the ownership structure and the identity of the natural persons who are the beneficial owners and/or control the other legal person on basis of above stated documents.

    All documents, together with originals, must include translation into English signed and stamped by notary.

    List of the documents required from legal entity (RoboForex (CY) Ltd, RoboTrade Ltd):

    • Certificate of Incorporation.
    • Certificate of Registered Address.
    • Certificate of Directors and Secretary.
    • Memorandum and Articles of Association.
    • Resolution of Board of Directors for the opening of the account and granting authority to those who will operate it.
    • Certificate of Shareholders.
    • Recent Certificate of Good Standing – issued by Registrar.
    • Copy of Trust Deed/Agreement (where applicable).
    • Scan copy of the auditor report for the last financial year or equivalent documents confirming source of funds.
    • Documents for all following individuals:
      • Directors.
      • Shareholders.
      • Ultimate beneficiaries.
      • Signatories.

    RoboForex (CY) Ltd documents and templates for corporate clients:

    Registration procedure of the corporate account:

    1. Register Members Area (during the registration, use the personal information of the person, who controls the account).
    2. Send the copies of all required documents to


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