For example, the company has won over 40 prestigious industry awards, including “Best Mobile Trading App” from “GFA – B2B” in 2023. The RoboForex Partner program is another strong point of the company. Partners can earn astonishing payouts, with the potential to receive up to 84% of the company’s income. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information.
The company is also a participant of The Financial Commission’s Compensation Fund which is used in the unlikely event of the Company’s failure to fulfill its obligations. RoboForex Deposit Bonus is not provided, but RoboForex ECN clients can take advantage of loyalty offers. I like the hassle-free account opening process at RoboForex. A quick online form asking for a name, e-mail, and valid mobile phone number grants access to the back office. Account verification is mandatory, per regulatory requirements, and RoboForex remains in full compliance.
- For example, there is a special platform for shares (RTrader).
- To start trading, you have to register a Members Area and open a trading account.
- Other reviewers claimed their accounts were either blocked or their trades frozen.
- If you’re not sure about which account you should choose, just register for RoboForex and you will be able to create any type of account available.
RoboForex also offers interest-free Islamic trading accounts for Muslims who wish to trade according to the rules laid down in the Quran. Instead of interest, traders with Islamic accounts pay a fixed forex commission, which is dependent only on the type of currency pair and the number of open lots. To open xcritical scammers an Islamic account on RoboForex, go to the website and apply for a swap-free trading account for MetaTrader 4 platform. Indices are financial instruments that measure the performance of a group of shares in a particular exchange. RoboForex offers 5+ indices, including the US500Cash, US30Cash, and DE40Cash.
How to start trading on a ECN account?
It is refreshing that a broker makes a tremendous effort to provide the proper trading environment for different trader mentalities and strategies. I highly recommend the proprietary R StocksTrader, which also supports algorithmic trading in a code-free environment. A popular account type at RoboForex with optimal trading conditions, which is suitable for traders with any experience.
You can also reach multi-language-speaking employees by telephone, who have enjoyed a good education and help you directly (We tested by ourselves). In summary, the support is very good and fast for international customers. The Financial Commission is not only an independent regulator.
The charting tools are sophisticated and customizable, which is perfect for deep analysis. Withdrawals are processed promptly, and customer service has been consistently helpful and professional. I have an account with Roboforex for many years and every time they try to update and improve their site, platforms and services, and it is often better than the previous version. I really like the company and I hope I can continue to trade here. They are great and I recommend this company to everybody who are looking for really stable and reliable broker. Based on our Expert findings, we learned that RoboForex spreads depend on the account type you choose, so be sure to check out the trading conditions.
Real shares can also be bought from the broker because the company has direct access to the stock market. Unlike a market maker, RoboForex rules out fraud, and 100% of the broker earns only through trading fees. RoboForex offers unlimited demo accounts for MT4, MT5, cTrader, and its proprietary trading platform.
I’ve been using RoboForex for the past year and the platform has consistently exceeded my expectations. The user interface is clean, intuitive, and easy to navigate, making it an ideal choice for both novices and experienced traders. Additionally, the platform offers highly competitive leverage and low spreads, which are crucial for maximizing profitability. The addition of the R Trader platform and its unique Robo-advisors feature is a game-changer for automating trading strategies. In summary, RoboForex provides a powerful platform for any trader looking to level up their game. RoboForex is considered safe for trading through an international entity.
and start trading with a reliable broker today!
So it is worth the account models to go through before opening an account. The advantage of this platform is the exact transparency of the participants. You have full control of your account and deposits at all times. This allows you to keep an eye on all trading accounts and conduct professional risk management. Roboforex offers versions 4 and 5 of the world’s popular Metatrader. This platform has been in use by private traders for years and very much.
What is good for a certain trader does not necessarily
mean the same thing to you. You can decide for yourself if
RoboForex is a good broker for you or not by reviewing the criteria. In general,
RoboForex provides trading service in
Forex , Gold & silver , CFD , Metals , Indexes and ETF . As for the payment methods, you can choose between
Skrill, Credit/debit cards, Neteller, UnionPay, Western Union, Perfect Money, Boleto Bancário, Local bank transfer, AdvCash and AstroPay. The customer support is available via
Email, Web form, Phone, Live chat, Office and Skype. Trading with RoboForex has been an incredibly successful experience for me.
Does RoboForex offer Islamic accounts?
The company offers seamless access to various financial markets with attractive trading conditions. Based on our Expert findings, RoboForex is considered a good broker with safe and very favorable trading conditions. The broker offers a range of trading services designed for both beginner https://dreamlinetrading.com/ traders and professionals with low initial deposit amounts. The broker also provides demo account facilities for the traders interested in tasting the live markets. With a RoboForex trading account, you’ll be able to use MT4, MT5, cTrader, and its unique RTrader platforms.
Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. RoboForex pro cent and pro standard accounts are good options for beginners. These accounts do not attract commission, and their average spreads are 1.8 pips.
RoboForex Trust and Safety
RoboForex launched three new dedicated servers (RoboForex-Pro-5, RoboForex-ECN-3, and RoboForex-ProCent-8) for the MetaTrader 4 platform. This improvement will help to enhance the stability and performance of our trading servers. Reddit is a social platform dubbed “the front page of the internet” because of how fast its users pick up trends. There are many dedicated spaces on Reddit for finance, trading, and related subjects, with thousands of Redditors giving their opinions on these topics. You can also connect with them via live chat and get an immediate response from an agent.
Account types with ECN execution, such as ECN and prime, attract commissions. The cent and standard accounts do not have commission fees. CopyFX is fully integrated into the client platform and account so that the whole process of selecting and copying the trading signals can be made directly from the user platform with a few clicks. RoboForex is able to provide tight spreads on its accounts. Even its standard account spreads fall within the average range in the market.
We learned that RoboForex implements a 0% commission policy for deposits and many of withdrawals where all expenses are covered by the broker. RoboForex withdrawal options are good and include Bank Wire or Credit Cards. RoboForex minimum deposit is $10 for the live account of first grade xcritical – Pro-standard or Pro-cent. All content on comparebrokers.org is intended for educational purposes only and should never be considered financial advice. We do not recommend or advise that investors buy or sell through any financial instrument like commodities, securities or stocks.