RoboForex Review 2023 Is It Safe Forex Broker?

roboforex review

You can view dates and times of speeches and reports delivered by heads of global financial regulators. News can be filtered by impact (low, medium, high), date and country. The trading calculator allows you to calculate your position parameters based on instrument, leverage, lot size and account currency. This section contains tools such as historical volatility chart, pivot point level calculations, Fibonacci retracements and more.

The in-house RoboForex WebTrader is actually the MT4 platform, just in the form of a browser-adapted platform. Graphic tools and graphic indicators are part of the platform which operates very smoothly. You should note that not all accounts include the “privilege” to access all the platforms.

R StocksTrader

The R Trader application is a holistic feature with an added layer of protective measures for the applications’ deposits and rewards administration regularities. Charting devices, complete exchange records, and permits to automated exchanges are provided on the platform. With the R Trader functionalities, users are not affected by hindrances such as software updates on their web browser for RoboForex. The rTrader platform has a seamless interface that is easy to operate. The initial deposit mandate at RoboForex for the rTrader platform is just $100. The RoboForex MetaTrader 5 is the most enhanced and high-skilled platform on the market.

roboforex review

Market orders are optimal when the primary goal is to execute the trade immediately. Roboforex market orders are executed by a broker or brokerage service on behalf of clients who wish to take advantage of the best price available
on the current market. Roboforex market orders are popular as they are a fast and reliable method of either entering or exiting a trade. A Roboforex iOS trading platform is the application software that enables investors and traders to place trades
and monitor accounts through iOS apps on Apple devices, such as an iPhone.

Mobile Apps

Customer support is not available 7/24 and sometimes, it is slow for them to answer clients’ inquiries. The first reason you should choose RoboForex is you will get 30 USD just after signing up. Besides, you will see a different bonus program in 365 days on RoboForex, which allows the users to grab maximum seasonal opportunities. I believe RoboForex is one of the few reliable forex brokerage platforms.

RoboForex’s ECN and Prime Accounts also have a minimum deposit of 10 USD, offer spreads that start at 0 pips on the EUR/USD, and have extremely low commissions, making them appealing to experienced traders. Founded in 2009, RoboForex is headquartered in Belize and regulated by the International Financial Services Commission (IFSC). In a show of good faith, Roboforex also provides all clients with negative balance protection and is a member of the Financial Commission, which provides protection of up to 20,000 EUR per trader.

Account Types 🗃

This account can also be used by experienced traders to test out different types of strategies and even come up with their own trading tactics. Established 12 years ago, RoboForex has earned a reputation as a trustworthy and safe Forex broker. The Forex broker offers traders access to eight different asset classes, which include Forex, Stocks, Indices, ETFs, Soft Commodities, https://traderoom.info/is-limefx-forex-broker-a-good-choice-for-trading/ Energies, Metals, and cryptocurrencies. Because of such a wide range of selections, the broker has something for every type of trader. No matter what you want to trade, you can find it among the 12,000 trading instruments available for traders at RoboForex. Thanks to the wide range of trading platforms available at RoboForex, everyone can find something that they like.

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With a demo account, you will get a certain amount of virtual cash. It means that no matter what goes wrong, you can be sure that your funds are kept safe. Another great practice that this broker follows is negative balance protection. This is especially important for those who want to trade with high leverage.

How to open a RoboForex Trading Account? – RoboForex Review

Additionally, the app provides traders with active trading quotes, trading charts, and mobile-compliant features. Additionally, MetaTrader 5 provides users various asset classes, multi-fiscal, money market insights, and six different order types for pending market orders. With log-in access into the Member’s Area of RoboForex, traders can handle their accounts, assets, and investments all in one place with seamless functionality. To open an account, the user needs to comply with IFSC verification checks. Based on our research we found that the broker has built customized tools and solutions for investments, thus you may choose either Copy Trading or getting the solution for market professionals.

  • Furthermore, RoboForex has launched a Civil Liability Insurance program with a limit of €5,000,000.
  • Rather than enriching the experience, different accounts limit it by cutting off features.
  • If you have enough funds in your respective account, your bank account will be debited while the equal amount will be deposited into your Roboforex account.
  • Opening a trading account at RoboForex is a fast and simple process.

RoboForex offers a seriously low spread in comparison to what some other brokers offer with its spreads from 0.0 pips, as well as $15 commissions per one million USD of trading volume via the Prime Account. RoboForex offers a useful range of trading tools to help traders make better trading decisions. CTrader is one of the most beginner-friendly third-party trading platforms available. It has a modern interface, integrated educational content, and innovative risk-management features. Overall, RoboForex offers fewer trading account currencies than most other large international brokers. Roboforex offers a wider range of funding methods than other similar brokers, but it charges higher withdrawal fees.

Who are RoboForex competitors?

roboforex.com's top 5 competitors in May 2023 are: exness.com, robofx.com, myfxbook.com, tradersunion.com, and more.

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