Pinned  RoboForex Review: A Comprehensive Look at the Broker

aphamark
2023-09-19 21:01:20 posted on ()
  • RoboForex, a global brokerage firm established in 2009, offers a wide range of trading instruments across various asset classes.

Trading Instruments:

  • RoboForex provides access to over 12,000 instruments spanning 9 asset classes with trade sizes as small as 0.01 lots and competitive spreads starting from 0 pips.
  • Their advanced copy trading tool allows users to connect with thousands of active traders.

Forex Trading:

  • Forex traders can choose from popular platforms including MT4, MT5, and an in-house web trader.
  • The CopyFX system enables users to replicate the strategies of experienced currency traders with a minimum investment of $100.

Stock Trading:

  • RoboForex offers the option to buy real stock equities or trade via CFDs, including DMA to the NASDAQ.
  • Traders have access to thousands of shares and can use the free robot builder for automated trading strategies.

CFD Trading:

  • The broker offers a vast selection of CFDs, covering more than 12,000 assets, and provides high leverage of up to 1:2000.
  • Micro lot trading is available, along with access to interbank liquidity providers for low fees.

Cryptocurrency Trading:

  • RoboForex offers trading in over 30 leading cryptocurrencies against the USD and EUR.
  • Cryptocurrencies can be traded on the user-friendly R StockTrader platform, making it accessible for new users.

Awards and Recognition:

  • RoboForex has received several accolades, including the "Best Global Mobile Trading App 2020" at the Global Forex Awards B2B.
  • They were also recognized as the "Best Broker of the CIS 2019" by IAFT Awards and received awards for the "Best Investment Platform," "Best Educational Forex-Center CIS," and "Best Stock Broker Asia" in 2019.

Leverage and Account Types:

  • RoboForex offers maximum leverage of 1:2000 with Pro-Cent and Pro-Standard accounts.
  • ECN accounts provide leverage up to 1:500, while Prime and R StocksTrader accounts offer 1:300 leverage.

Deposits:

  • RoboForex offers a wide range of deposit methods in 9 different currencies, including USD, EUR, GBP, and ZAR.
  • Deposits can be made via international and local bank transfers, card payments, and e-wallets.
  • Cryptocurrency deposits are available for non-EU clients, providing a convenient alternative.

Withdrawals:

  • The broker provides 13 withdrawal methods, with withdrawal times typically taking just 1 day.
  • Withdrawal commissions vary, ranging from 0.5% to 2.8%.
  • RoboForex offers a Free Funds Withdrawal program, allowing two commission-free withdrawals per month for eligible accounts.
  • Cryptocurrency withdrawals are an option for non-EU clients, adding flexibility to the withdrawal process.

Conclusion:

  • RoboForex is a well-established broker offering a diverse range of trading options and platforms.
  • With competitive spreads, advanced tools, and accolades in the industry, it caters to a wide range of traders.
  • Their extensive deposit and withdrawal options make it convenient for users around the world.
  •  

Related Topics-
The Goal of Fundamental Analysis in Forex Trading
Can we take forex trading as full time job?
If this Forex Trading Bot can change my life; It will change yours too!
How To Be A Master In Forex Trading
Legal Implications and Penalties for Forex Trading Violations in India

RoboForex Review: A Comprehensive Look at the Broker
You need to login to post here!