RoboForex RoboMarkets Review 2025: Pros, Cons, & Fees
Access your Roboforex MetaTrader 5 accounts from any web browser. Roboforex MetaTrader 5 (MT5) is a multi-asset trading platform with an extensive range of trading features and financial research tools. Besides the ability to trade Forex and CFDs, Roboforex MT5 offers access to trade Futures, Stocks, Algorithmic Trading, ETFs, and Indices.
- Commissions are $20 per million traded on forex with an ECN account and $10 for the same amount through a Prime account.
- Being in the EU, from experience withdrawing a large amount ON THE WRONG DAY, can be terrible expensive.
- Your eligibility for deposit bonuses at RoboForex may depend on which of the broker’s entities holds your account and/or your country of residence.
- You are looking for experiences with the online broker RoboForex?
- He became an expert in financial technology and began offering advice in online trading, investing, and Fintech to friends and family.
- This includes pros, cons and an overall rating based on our findings.
- The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.
Non-Forex Assets
For example, RoboForex advertises a $30 deposit bonus for clients who deposit at least $10. That said, it’s important to note that any subsequent losses are subtracted from your own balance first – not from the bonus amount. RoboForex is not a scam – though the broker has been impersonated by potential scammers in the past. 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.
It’s important to note that Roboforex requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps Roboforex maintain a trustworthy financial environment for its 730,000 users. Detailed information on the Roboforex trading platforms is available on their website.
RoboForex CopyFX Trader Length of Trading
- Detailed information on the Roboforex trading platforms is available on their website.
- For this reason, staying on top of the latest market developments is crucial, a task made simpler through the mobile app version of MT5.
- Trading Centrals Alpha Generation Indicators can help Roboforex traders better understand market trends and patterns, enabling them to make more informed trading decisions.
- In terms of commodities, RoboForex provides a limited selection of just 4 assets, primarily metals and energy.
- RoboForex offers a robust range of trading platforms and tools, making it a decent choice for traders.
- Therefore, it’s essential to research and compares different brokers to determine which best suits your trading needs and budget.
I was really impressed with very large selection of over 12,000+ trading instruments from multiple markets including Forex, Commodities, Stocks, Shares, Indices, Metals, Energies, ETFs & CFDs. There is something for everyone to trade, regardless of your interests. You will find everything from major currency pairs, to popular stocks of the largest companies across the globe. If you like choice, Swissquote also have a great selection of financial instruments. I like how clients have access to a range of excellent trading tools, helpful educational materials, powerful market analysis, promotions and copy trading signals. Support is offered 24/7 and there are 20 flexible funding options to choose from.
What leverage options are available for trading at RoboForex?
These depend on the amount of funds in your account with silver starting from $3,000 to $30,000, Gold from $30,000 to $100,000, and Platinum above $100,000. The minimum order volume is very accessible at only 0.01 lots with a maximum of 500 lots. Your account is protected by 2-factor authentication and the broker themselves are covered by the Civil Liability insurance program for a limit of 5,000,000 EUR. Following hours of trading on the site, we can affirm that the trading tools on RoboForex are easy to use.
What does it mean to have your funds in Roboforex deposited in a Tier 1 bank?
RoboForex provides excellent 24/7 customer support in English and Spanish. The support team can be reached via live chat (including Viber, Messenger, and Telegram), phone, and email. I opened a Pro trading account with the RoboForex Ltd entity and performed my tests on the desktop and mobile app versions of the MetaTrader 5 platform. Some features and services may vary depending on where you reside.
Does RoboForex have a deposit bonus?
The account types’ choice, the platforms’ choice, and an extensive range of payment methods provide a very good environment for traders. With advanced charting features, automated trading options, and an exhaustive technical indicator library, traders stand to gain profitable returns from utilizing this comprehensive platform. Additional support is provided through various order types that complement real-time market data, thus empowering informed decision-making when managing trades on MT4’s highly responsive system. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables.
The max drawdown of a CopyFX trader indicates the maximum equity decline as a percentage of their deposited amount. This value helps you understand the level of risk the trader is taking. Consider traders who have at least a 6-month history of successful trading. Roboforex have won numerious industry awards over the 16 years they have been operating as a financial broker. We have listed the most notable awards and mentions roboforex review for Roboforex below.