The website’s functionalities are regulated by the International body of the European CySEC. I have been trading with this broker more than 5 years and never have any issue with them, both deposit and withdrawal. The speed of execution quite good, but sometimes will experience some slippage during high volatility session. They do offer other trading platform if you wish not to use MetaTrader 4/5. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds.

Sometimes called securities , they range from commodity futures to stocks and CFDs, to currencies and metals, and more on Roboforex. Roboforex swap free accounts do not accumilate interest and Roboforex transactions are actioned immediately. As Sharia law prohibits the accumulation of interest, traders with Roboforex Islamic accounts do not pay or receive interest rates. CTrader is a trading platform allowing CFD and currency pair trading. CTrader offers advanced technical analysis charting tools and very fast market order execution.

Can You Trust RoboForex? ????️‍♂️

You can create your own https://forexhero.info/ robots and indicators in C# using cTrader Automate. This is another top platform that you might want to look into if you are serious about your trading and looking to go full time. I personally find it to be more complicated than the MetaTrader platforms but I do know of many traders who swear by it. MT4 is one of the most popular platforms used by new and experienced traders across the world. It has an intuitive interface and many built in features and tools for convenient trading. There is a large online MetaTrader community where users share ideas, templates, indictors and automated systems.

Customer Support is an important department for any broker who cares about the necessity of providing regular assistance to the traders. The methods and speed of communication between the broker and the client vary depending on the professionalism of the brokers. The maximum deposit limit is up to $50,000 for electronic payments, and 100,000 EUR for bank transfers. If you prefer to trade without having to download anything, you can use the web platform R Trader, which gives you access to all global markets with a single account. This multi-asset terminal combines cutting-edge technologies and a classing design, which takes trading to a completely new level. For others, the broker offers bonuses on first deposits, profit share bonuses, welcome bonuses, cashback, special competitions, and many others.

Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only. The only disadvantage, and huge one, is that you MAY have chance 2 times per month for a free withdraw, and the amount is strictly limited. This makes me really nervous and I am seriously considering moving away from roboforex. In case you have any complaints about order execution or trading platform operations, you can write them to the Company’s Dealing department and describe your issue in a ticket. If you have any complaints about order execution or trading platform operations, you can address/write them to our Company’s Dealing department and describe your issue in a ticket.

• Roboforex’s customer support is excellent compared to other similar brokers.
• Roboforex earns revenue to fund their Roboforex platforms and wide range of trading services through market spreads.
• RoboForex is an international broker, which offers 8 asset types and more than 12,000 instruments for trading.
• You can start investing in CFDs on more than 25 cryptocurrencies.
• Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here.

The broker provides access to a wide range of financial instruments, including forex, stocks, indices, commodities, and cryptocurrencies. RoboForex is an award-winning forex broker offering 9,400+ trading instruments across multiple asset classes. They provide a range of flexible trading platforms and accounts along with trading tools and market analysis to assist you with your day trading activities. MetaTrader 4, known as MT4, is a trading platform used by online retail foreign exchange traders. MetaQuotes Software developed and released this programme in 2005. The software is licensed to foreign exchange brokers who provide the software to their clients.

Main advantages include payments in a local currency, low fees, quick execution, high degree of security. Traders need to be cautious that the CFD on leverage does not amount more than the accounts deposits on RoboForex. There is a high level of risk involved when trading leveraged products such as Forex/CFDs. 58.42% of retail investor accounts lose money when trading CFDs. There are few brokers that can combine a huge variety of assets, multiple excellent platforms, VIP programs and bonuses, award winning programs, top notch customer support, low spreads, and more. The broker provides several trading and analysis tools for clients, such as free technical indicator signals.

This platform offers a quality experience, and creates automated solutions. The cTrader platform is still the most dominant in the ECN sector. It provides a high quality trading experience, and allows for automated trading as well as the creation of technical indicators. This means that your deposits will be secured up to €20,000, which will be enough to cover most retail deposits. Overall, RoboForex goes to pretty significant lengths to make sure its clients’ funds are protected.

RoboForex review – Trade more than 12,000 instruments with this broker

The spread is normal and the internal VPS service is really bad. The execution times that should be instantaneous in some cases even reach several minutes. It’s really true, you have an order and it opens or closes even 4 minutes after it hits that level. Exceeding 2 or 3 seconds is already at the limit, but several minutes is unacceptable. So it is impossible to work on timeframes below the daily, like working with an EA too. We always strive to improve the quality of our services and will surely handle your situation.

• In case you have any complaints about order execution or trading platform operations, you can address them to the Company’s Dealing department and describe your issue in a ticket.
• Once you have created a live trading account, you can make your first deposits.
• As the strategy builder hosts the strategies on a secure cloud server, there is no VPS required and they can be accessed from anywhere at any time.
• Roboforex is licensed by financial regulators in certain jurisdictions.

Our test of the support staff showed them to be knowledgeable and responsive. As you might imagine, the customer support staff at RoboForex is just as professional as is everything else at the broker. There’s also a useful video section that has 5-7-minute currency overviews for major pairs. It’s a great timesaver for when clients don’t have time to do more time-consuming research. We provide access to two types of accounts with orders executed in the ECN system – ECN account and Prime account.

Bonuses and Promotions with RoboForex ????

The ECN account shows an average spread of 0.1 pips for a commission of $2.00 per lot, bested in the Prime account, where the commission drops by 50% to $1.00. Equity traders pay $200 per $1,000,000 in volume in the ECN account and $150 in the Prime account, which is in the higher tier of the competitive range. As per the RoboForex review, it provides negative balance protection. On RoboForex, the payment methods available to forex investors have a minimum compensation cost. The minimum conformity for deposits is 10 EUR USD for standard accounts. The local bank transfer payment method enables you to make fund transfers in the local currency directly from your bank account to your RoboForex Account.

Roboforex accounts can be opened and KYC can be verified digitally. RoboForex clients can also engage in chat under the members area where the company runs a ticketing system for tracking complicated issues. If you are focused on Forex trading, we would suggest you stick to either MetaTrader or cTrader platforms. Several payment options have limits on the deposits and limits, but they are quite high in any case. The education offers a similar set up to the research section in that it is part in-house and part Claws & Horns. The content can be found on the blog, and doesn’t have its own dedicated section, but it’s informative and engaging.

Accounts with lower minimum deposits and which allow trading in micro-lots are generally more suited to beginner traders. However, spreads on these accounts are often wider than those with higher minimum deposits. Roboforex’s Pro-Cent Account has a minimum deposit requirement of only 10 USD and allows trading in micro-lots. RoboForex offers a similar number of trading accounts compared to most other brokers, which are suitable for beginners and more experienced traders.

When buying Cryptoindexes, you are investing in the growth of the whole cryptoroboforex review market, rather than just individual instruments. This is a really unique offering that you will not find anywhere else. I think they are a really innovate broker when it comes to crypto trading. RoboForex offer traders Gold (XAU/USD), Silver (XAG/USD), and ETFs on gold, palladium, platinum and silver. Spreads start from as low as 0 pips with order execution speeds from 0.1 seconds. Each subsection can be filtered and searched according to user requirements.

RoboForex Editor’s Verdict

It has the same familiar interface as the desktop platform with the same embedded features and tools for flexible trading in the palm of your hands. I am a frequent user of trading apps just because I like to check my trades throughout the day and see what is happening around the markets as and when I feel like it. This really is an excellent choice of platforms, up there with what Pepperstone offer. If you are new to trading, I feel MT4 could be a good choice due to its simplicity. For those of you who want more complex functionality, you may edge more towards cTrader.

With a wide range of financial instruments available on four different trading platforms , RoboForex appeals to traders who value low trading costs and a broad range of account choices. Traders can choose from thousands of stock CFDs in addition to shares.You can see the complete list of stocks here.Roboforex offers CFD stock trading. When trading CFD stocks you are not trading real stocks as you do not own any underlying stock assets.

On top of its excellent trading conditions and over 10,000 assets, this platform has unique features that separate it from the rest. The platform allows copy-trading, but if this is something you’re particularly interested in, check out eToro’s easy-to-use copy trading platform. Apart from the three platforms we just went through, RoboForex offers R Trader, which gives access to a complete selection of assets. The other three platforms offer a limited selection of assets, especially stocks. The MT4 platform is highly established, and when upgraded with third-party applications, it can really stand out from other platforms.

This means that it sends clients orders directly to the market, as opposed to sending them through a dealing desk first. Currencies, stocks, and other instruments and commodities will be bought by this broker, even if there is no buyer lined up. The tutorials are completely free and can be accessed by logging into the Members Area and then going to Education, and RoboForex analytics center.

RoboForex caters to most international traders, including clients from Latin American countries, middle Asia, and the Arab world. Traders who require assistance can access the support team via the green chat button, available, where seven messengers await. Support is available 24/7, and clients may also write an e-mail, use the webform, call directly or request a callback. RoboForex offers support in fifteen languages in another confirmation of the global reach this broker is building. As for the R Trader mobile application, the app has 14 trading indicators.

We’ll be grateful if you please contact our Support Service via a ticket from your Personal Account and describe in detail with the reasons you gave negative remarks. RoboForex offers over 12,000 products across Forex, Indexes, Stocks, Cryptocurrencies, ETFs, Commodities, and Metals categories. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Dont believe the positive reviews they are done by company scam.

RoboForex is a regulated broker with a responsible attitude to the safety of clients’ funds, operates within the framework of all regulatory and legislative documents and strictly adheres to the AML policy. So that we can check everything, please indicate your account number or the number of the ticket which you have created. All the above, combined with trustworthiness, reliability, regulation, and insured deposits makes RoboForex a broker worth trading with, in our opinion.

Roboforex offer a range of learning resources and tutorials and guides made available to registered Roboforex users. The Roboforex guides are usually broker down into indepth articles explaining varioius trading topics, quizes and video explainers which aim to educate Roboforex users on basic trading principles. A Roboforex stop order, also referred to as a stop-loss order, is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price.

Furthermore, we found RoboForex has introduced Web trader versions of MetaTrader. As a hosted solution, you don’t need to install any software to use the Web trader. Hence, if you want to access your trading account from a computer at the office, it can be a viable option. RoboForex is a category “A” member of the Commission’s Compensation Fund.

For the purposes of this review, we found the customer support responsive and polite. Roboforex’s market analysis materials are comprehensive, detailed, and frequently updated. RoboForex offers an average range of base currencies compared to other similar brokers.