Trading CFDs and forex carries a high level of risk and may not be suitable for all investors. Read the broker’s own client agreement, and confirm the licensed entity you are contracting with, before opening an account.
Our verdict on RoboMarkets
ROBOMARKETS FINANCIAL BROKERAGE L.L.C holds a UAE SCA dealing licence (20200000318) that permits trading in OTC derivatives and currencies in the spot market. The licence does not include custody or safekeeping permission. I verified this on the CMA public register on 26 August 2026.
RoboMarkets does not display a EUR/USD spread to logged-out visitors. Its contract-specifications page shows only stocks on all account tabs, and forex pricing is hidden behind a login. The broker markets transparency but gates its core pricing, which means comparing costs without an account is not possible.
This account suits a UAE resident who values a dealing licence, multiple platforms and local support. However, the blank licence field in the client agreement, the mismatch between the contracting entity and the register, and the absence of public cost data would stop me from opening an account without further written clarification from the broker.
Pros
- RoboMarkets holds a UAE SCA dealing licence verified on the CMA public register.
- It offers MetaTrader 4, MetaTrader 5, TradingView and a proprietary platform.
- It provides a local UAE phone number and a Dubai Hills office address.
- Its deposit page lists a local bank transfer method with zero fee and a 100 USD minimum.
Cons
- The broker hides forex spreads behind a login, making cost comparison impossible without an account.
- The client agreement names a different entity than the licensed one and leaves the licence number field blank.
- No Islamic or swap-free account details are publicly available.
- There is no live chat option on the contact page.
RoboMarkets score breakdown
3/5 · Good
The overall CFB Score comes from the full methodology, more than 100 data points per broker. The category ratings summarise each area and do not reconcile by simple average.
How is our rating calculated?
Is RoboMarkets regulated in the UAE
RoboMarkets holds a dealing licence from the UAE Securities and Commodities Authority, which I confirmed on the CMA public register on 26 August 2026. The licensed entity is ROBOMARKETS FINANCIAL BROKERAGE L.L.C, licence number 20200000318. The register records its sole activity as trading broker of OTC derivatives and currencies in the spot market, established 30 July 2024 in Dubai. The licence is not Category 5, and the register shows no custody or safekeeping permission.
The broker states it is supervised by the CMA and publishes the same licence number on its website footer. It serves UAE retail clients directly: its own client agreement says it exclusively targets and provides services to individuals who are citizens or residents of the United Arab Emirates. That is a clear retail mandate, and the register does not contradict it.
I looked for a segregation or custody permission and found none on the register. The broker makes a segregation claim on its about page, stating that all client funds are securely held in segregated Tier 1 bank accounts and fully protected by UAE regulatory standards. That is a claim about fund handling, not a custody permission, and the two are not the same thing. The published Client Agreement, clauses 13.1 through 13.17, covers deposits and withdrawals only and carries no segregation, custody or safekeeping clause. In my experience, a broker that holds a dealing licence without a custody permission should not be holding client funds itself, and I would want to see the name of the bank where funds are held before opening an account. The broker does not publish that name.
What trading with RoboMarkets costs
RoboMarkets does not publish a EUR/USD spread figure to a logged-out visitor. Its contract-specifications page is subtitled “Transparent conditions: spreads, swaps, margins, and more” and renders a stocks-only table on all three account tabs. The forex page lists ten pairs with no price columns behind a “Log in or sign up” prompt. That is a disclosure gap, not a research gap. A broker that markets transparency while gating its core pricing behind a login is making a claim it does not support with public data, and I treat that as a finding about how the broker discloses costs, not as a missing number I should apologise for.
The broker offers three account types, and the conditions page describes them with different commission and spread structures, but no live price is quoted against any named account. If you are comparing brokers on cost, you cannot complete the comparison without logging in, and you should factor that into your decision.
Platforms and execution
RoboMarkets publishes four platforms. Its proprietary platform, called RoboMarkets Platform, sits alongside MetaTrader 4, MetaTrader 5, and TradingView. The TradingView integration has a dedicated page under the Tools menu, and the broker lists an API among its CFD platform features with a page at the same menu level.
The broker does not offer cTrader. Its footer lists “RoboMarkets Platform, MetaTrader 4, MetaTrader 5” as the platform set, and cTrader is absent from that list. I treat a published platform list as an implicit claim of completeness, so cTrader is a confirmed absence.
I found no public statement about Expert Advisor hosting. The broker offers a tool called RoboBuilder, which is described as a strategy builder, but a strategy builder is not an EA hosting claim, and the broker does not state that MT4 or MT5 supports automated strategies on its servers. I also found no VPS offering and no demo account link in the public navigation. Both are gaps in what the broker discloses, and I would check directly with support if either matters to your trading.
Funding and withdrawals
RoboMarkets states that fund management is in USD and available for every account type. Its deposit and withdrawal page lists a method labelled “Local Bank Transfer” with a currency of USD, a minimum of 100 USD, zero fee, and processing time of up to one day. The broker does not name a local UAE bank, and it does not state that AED accounts or AED deposits are unavailable. Absence of AED from one payment table is not a refusal to offer it, and I have filed both as undisclosed rather than not offered. That distinction matters: if you need AED funding, you will need to ask the broker directly because the public page does not answer the question.
Withdrawal processing is stated as up to one day, measured in working days, with a note that holidays and weekends may delay execution. The broker describes bank payments as safe and fee-free USD transfers for deposits and withdrawals across all account types. No Emirates ID requirement is published.
Islamic and swap-free accounts
The fact sheet does not contain data on Islamic or swap-free accounts, and I found no public page addressing them during the capture. This section is left blank because the sheet supports nothing under it.
Which entity you contract with
This is the section that should stop you and make you read carefully. The entity on the CMA register and the entity named in the client agreement are not the same, and only one of them carries a licence number.
The website footer states: “RoboMarkets Financial Brokerage LLC, regulated by the Capital Market Authority (CMA) in the United Arab Emirates under license number 20200000318. Address: Office 903, Park Heights Square 1, Dubai Hills Estate, Dubai Hills, Dubai, UAE.” That matches the register entry exactly.
The Client Agreement you would sign states: “This Client Agreement is made by RoboMarkets MENA for Financial Brokerage L.L.C., providing services under the RoboMarkets trademark, whose business office is located at: Office 903, Dubai Hills Business Park building 1, Dubai Hills Estate, Dubai, UAE, registration number 1393661, SCA License number , and an individual or a legal entity.” The licence-number field is blank. The definitions section repeats the same entity name and registration number, and the sentence “regulated by the SCA, licence No.” ends there with no number.
Both entities share the same Dubai Hills office, so the documentary record is consistent with a documentation failure rather than an offshore substitution. But the agreement a UAE client signs names an entity that does not appear on the CMA register, and the licence-number field in that agreement is blank. The agreement’s own scope clause, clause 4.19, says RoboMarkets MENA for Financial Brokerage L.L.C. exclusively targets and provides services to UAE citizens and residents and does not offer services in any other jurisdiction. That makes the missing licence number harder to explain, not easier, because a UAE-only entity should have a UAE licence to show.
The dispute clause states that the Securities and Commodities Authority shall act as the sole regulatory body overseeing the company’s activities, and complaints may be escalated to the SCA. The document still uses the pre-rename regulator name throughout.
In my experience, a blank licence field in a signed client agreement is a red flag. If I were opening an account, I would ask the broker to confirm in writing which entity holds the CMA licence and why the contracting entity differs from the register entry, and I would keep that confirmation. The broker discloses offshore entities in other jurisdictions, including Cyprus, Germany, South Africa, Labuan, and Seychelles, but none of those is offered as counterparty to a UAE client, so the offshore disclosure is not the issue here. The issue is the mismatch between the UAE register and the UAE contract.
Customer service and education
RoboMarkets publishes a UAE phone number, +971 4 256 0604, with lines open 24/5 for trading-related matters. Its office address is Office 903, Park Heights Square 1, Dubai Hills Estate, Dubai Hills, Dubai, UAE, though the client agreement gives a slightly different building name at the same estate. The contact page offers email at [email protected], a Help centre for self-service, and a message form. There is no live chat channel published on the contact page, and I treat that as a confirmed absence because the page lists every other channel explicitly.
Arabic navigation is present on the UAE path at robomarkets.com/ae, with menu items for trading and about, though that path returned a 404 error when I checked it. The global site carries the CMA entity and licence number in its footer, so I have not flagged a mismatch at the customer-service level.
I found no education section in the public navigation. The site offers Tools including stock analysis, market analysis, an economic calendar, market holidays, a trading calculator, and trading hours, plus a separate Help centre. None of those is structured as an education hub or course, and I found no Arabic education materials or UAE events. Education is a gap in the capture rather than a confirmed absence, and I would check directly if learning resources matter to you.
FAQs
Is RoboMarkets regulated in the UAE?
What is the minimum deposit at RoboMarkets?
What are the spreads and trading costs at RoboMarkets?
Does RoboMarkets offer an Islamic or swap-free account?
Which entity do I contract with when I open a RoboMarkets account?
About the author
Justin Grossbard co-founded CompareForexBrokers in 2014 and serves as Co-Founder and CEO. He has traded forex since 1998. For this site he directs the research and comparison of UAE-licensed brokers. He holds Monash University degrees including a Bachelor of Commerce with Honours and a Master of Marketing. His commentary has appeared in Forbes, Kiplinger, Finance Magnates and Entrepreneur.