RoboForex Broker Reviews and Full Information

What is RoboForex?

RoboForex Group acknowledged by the top experts in the Financial Market, while being in operation since 2009, through two world-renowned entities RoboForex that provides services around the world , and RoboMarkets Ltd located in Cyprus which supports countries that are part of they are members of the EU as well as the EEA.

In the years of its existence it has been serving a wide range of customers from all over the world. It has earned some respect for its cutting-edge trading proposals as well as its custom-made conditions that are appropriate for different types of styles, sizes of trading and portfolio traders. One of the most appealing aspects of RoboForex offer is that it offers a wide selection of trading software or platforms that allow you to choose among the most powerful MetaTrader that is used by industry experts CTrader, cTrader, or the RTrader proprietary.

Additionally, aside from the many developed technologies which provide solutions for the trading process, RoboForex performs a ContestFX - a project for contests that is a brand new kind. The contests that are held on demo accounts are conducted every week and each month, while winnings are deposited into real accounts for trading, allowing the user to begin an excellent trading. 

RoboForex Pros and Cons

RoboForex is regarded as a secure broker that allows trading through Cyprus entity. The company has a long history of operation, and has a lot of clients served. There is a an extensive range of accounts and trading platforms, as well as free exclusive trading signals, and research tools. They also have strong trading capabilities that are suitable for traders who are more advanced.

On the other hand, an international propositions are provided through an offshore entities where the conditions differ and the trading charges for Stock CFDs are greater as well as there is no 24 hour support.

10 Points Summary

Awards

The broker provides a wide range of customers with over 800,000 traders from 170 nations and offers assistance in 18 different languages. The focus is on enhancing the trading experience through innovative solutions in technology and a variety of advanced tools to trade.

Overall, RoboForex developments and offers have been acknowledged with more than twenty industry accolades. as well as their regular sponsorships and international initiatives. RoboForex is currently an official sponsor of the "Starikovich-Heskes" team at the Dakar and the Official Partner of Muay Thai athlete Andrei Kulebin.

Is RoboForex secure or is it a scam?

RoboForex is a reputable broker as it is regulated by European CySEC and is considered to be a low risk trading environment. In the event that it is a sole offshore-based company, you should avoid it, as the risks are very high.

Is RoboForex real?

Two companies are which are part of the RoboForex Group, which include the RoboMarkets Ltd a European entity broker controlled by CySEC in addition to RoboForex Ltd an international forex brokerage registered with the IFSC, Belize.

Although we don't recommend using offshore broker due to the lack of restrictions on regulation A second license from the trusted jurisdiction is a plus and lets us consider RoboForex as a reputable broker to trade with.

What are the best ways to protect yourself?

There are a variety of rules that violated the law due to regulations to provide a safe and fair trading environments. frequently audited, and the business could be penalized for violation or misrepresentation.

In addition, RoboForex also offers Negative balance security which protects your deposits from loss, and all the funds of traders are stored at major banks with segregated accounts all the time. The final point is that the firm is a member of the Commission's Compensation Fund that provides insurance protection to traders. This is a dependable option according to CySEC regulations.

Additionally, RoboForex implemented a Civil Liability insurance program with 5 million EUR and provides the best protection against fraud, errors or negligence as well as other risks that could cause financial loss to customers.

Leverage

If you using the highest leverage levels in order to maximize your earnings, RoboForex definitely will assist you. Leverage can boost your gains in the short term by allowing you to connect to have multiple accounts initially However, you must know how to utilize leverage properly, since leverage can increase the risk of losses.

RoboForex Leverage amounts are determined using various methodsand are determined according to the requirements of the regulatory authorities.

• If you are trading with a worldwide RoboForex entity allows you to take advantage of leverage of 1:400 1,500or even 1:1000 after confirming that you are a professional.
• If you're an EU resident Europe or are trading with RoboForex, the Cyprus company of RoboForex automatically, you must adhere to ESMA regulations that lowered leverage to a maximum ratio of 1:3 on instruments for trading in Forex as well as 1:5 on Cryptocurrencies and other instruments.

Types of accounts

RoboForex created 6 account typesin to meet the various needs and preferences of their clients. Additionally, you can choose the currency of your country as the account's base currency including USD, EUR, RUB CNY, GOLD, BTC and also makes it simpler to fund.

The selection comprises cent account as an excellent alternative to get started or test robots. You can also test those which have a floating spreads or even narrow spreads starting at 0 pips along with extra fees. It's a fact that at that in the beginning, either a professional can determine the right requirements to use and also Islamic traders that are able to get a swap-free accounts.

Fees

We are pleased that RoboForex trading charges are based on the tightness of institutional spreads that start at 0 pips and accessible through quick execution of orders developed by the technology, six account currencies, as well as micro accounts and a variety of investment plans. Full cost RoboForex structure is available below, including charges for funding, and compares with other brokers in the industry.

Spreads

RoboForex spreads are designed to meet the requirements of accounts you have however, the greater the size of the account, the greater spread is offered So be certain to check the conditions based on the type of account you utilize.

To gain a better understanding of the spread, we'll review the standard account fee conditions in which the fees are constructed into a floating spread starting at 1.3 per cent with no additional fees as well BitCoin against US Dollar spread is $341. Below, we also examine the comparative performance of RoboForex against other popular CFD brokers.

Similar to Cent Account charges that offer smaller trading sizes and spreads of 1.3 pip and R Trader, ECN and Prime accounts are dependent upon an interbank spread starting at zero pips and a commission fee as a fee, e.g. the cost for an ECN account between 20USD and a million for the GBPUSD pair or similar.

Always think about rolling over or an the overnight fee as a price of around -0.6 for shorter positions on Eur/Usd, and -0.052 for long positions that are which last for more than one day. Also, you can look at fees with another well-known broker that is BD Swiss.

Instruments

The market range comprises the major markets of the world, which include eight asset classes such as Stocks, Forex Indices, ETFs, soft commodities metals, energy, and more than six Cryptocurrencieswith the possibility of trading via leverage.

Deposits and Withdrawals

All transactions and money management is done through the account online which is very convenient and allows you to request an withdrawal, check its processing status , and then deposit funds and more.

Options for deposit

The payment methods that are available to allow the transfer of money at a moment's notice include more than 20 payment options. This include

• bank transfer
• Card payment
• large of e-wallets, including Skrill, Neteller, POLi and fasapay and

Is there a minimum amount of deposit for RoboForex?

RoboForex Minimum amount to deposit minimum deposit is 10dollarsfor live accounts of the first grade - Pro-standard or Procent.

In the beginning you can select the degree of your account when you open the account. At the beginning you can trade at no cost using a Demo account.

But, obviously be sure to check the requirements for margin and other conditions applicable to the instrument you plan to trade, since at some point, 10dollars may not suffice for your strategy.

RoboForex minimum deposit and other brokers

WIthdrawals

RoboForex has a zero commissions for deposit and the majority of withdrawals in which the entire cost is paid for. RoboForex withdraw options for withdrawals are excellent and include Bank Wire or Credit Cards.

However, be sure to check the details as certain methods charge an additional charge to withdraw, e.g. Skrill and AdvCash include the processing cost of 1 and Visa withdrawal costs 2.6 percent +1.3USD.

Trading Platforms

As a technologically driven broker RoboForex offered a broad range of platforms available which allows you to evolve and adapt to all trading requirements and conform to your preferences.

Web Platform

The main product has been praised for its high-performance platforms MT4 and MT5, as well as cTrader, and RoboForex has also developed their own technology platform R Web Trader as well as R Mobile Trader, too.

All platforms are accessible via desktop and Web Versions. ones to provide more detailed analysis and tool bars that are suitable for day traders and professionals.

Desktop Platform

Along with desktop platforms, you can also benefit from R trader strategy builder. is a cost-free and useful tool for traders with a the goal of automating the performance of their business. It's an excellent solution as it you don't need any programming experience.

Indeed, both provide complete control over orders and positions and comes with the same capabilities that is the most efficient in industry charts as well as advanced analysis tools, all made with a clear, crisp view.

Although MT4 is the most well-known platform that has advanced features for charting, along with indicators and robots, which allows for any type of trading strategy is among the key features of the platform, allowing sophisticated technical analysis.

In case you want to use the most current version of MetaTrader MT5, it will let you choose between hedge and net systems with four different executions. Furthermore, MT5 offers extensive analysis tools such as market depth and multi-currency tester , which comes with information from the most reliable sources such as FxWirePro or Claws&Horns companies..

Mobile platforms

While you're at all times, you can track your location or view the latest market updates via mobile versions that work with any mobile device, and is accessible at no cost.

Copy Trading

Furthermore, the broker developed specific tools and solutions specifically for investment, so you can select either Copy Trading or the market experts' solution. CopyFX platform is an excellent option for a simple but solid investment. You can choose between over 1,000 traders. RoboForex RAMM platform lets you profit not just from Copy trading, but also through improved risk management systems that include optimization tools.

Customer Support

The broker offers 24/7 customer service , accessible via live chat, email as well as international phone lines. as well as offering callback service and support for 11 languages.

While there are some complaints from traders within our RoboForex Review that are not responsive We looked and found that they were able to provide pertinent questions and responding rapidly.

Education

The final point of the final section of RoboForex review is education and analysis functions, along with research tools and resources which are particularly important for newcomers.

In the end you will find that at RoboForex you can get a wide range of training options, and as we've already mentioned, you will be able to sharpen your skills and compete in contests for trading, which can increase your proficiency and allows you to build abilities. Analysis of markets, technical analysis, professional trading analytics and a variety of trading tools accessible through the Members' area.

Additionally, you have access to trading and transaction records up to one year, as well as great research tools, including news feed and calculators. strategy builders and trading strategies all of which are bundled with powerful features that available on the platforms.

Conclusion

RoboForex review shows a regulated broker that offers a a wide range of solutions for technology which allow traders of every size or plan as early as the beginning of trading to get involved in trading. There are a number of good platforms and various accounts and assets that offer a variety of options, whether through automated systems or investments and also enabling trading with the help of the latest tools. RoboForex provides educational resources as well as analytical research and contests which prove their support in every step of the process and helping to build trust and rapid growth among many of the customers they service.