Online Trading with Financial Brokerage Company Stocks, ETFs, Gold, Indices, Currencies and more

Venturing further, RoboForex integrates advanced trend exploration tools, honing traders’ ability to identify and act upon emerging market trajectories. Furthermore, the platform enriches the trading environment with instrument-specific insights, offering in-depth analyses that assist traders in making strategic choices. RoboForex avails its trading platforms on mobile, with dedicated apps for both Android and iOS, ensuring that traders can manage and monitor their positions on the go with full-featured, intuitive applications. The three-tier VIP program, based on lifetime deposits, increases the value of bonuses and promotions.

1. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.
2. Yes, RoboForex allows scalping and maintains one of the most competitive trading environments for scalpers.
3. Your minimum deposit requirement at RoboForex will depend on your chosen account type and deposit method.
4. The 60% Profit Share, the 120% Classic, and the $30 Welcome offers apply only to the ProCent and Pro accounts.

My Key Takeaways After Exploring RoboForex’s Research Content

That is why traders must familiarize themselves with the safety mechanisms ensured by the entity they want to open an account. However, licenses obtained from regulators in different jurisdictions do not always entail the same degree of protection. RoboForex boasts a robust customer support system, highly rated for its prompt and informed responses. The broker does charge an overnight funding fee or swap, the details of which are explicitly outlined on their platform. RoboForex does not offer futures trading and therefore does not impose futures fees.

Deposits and Withdrawals

Recently, features such as an expanded range of tradable assets and improved interface have enhanced the demo trading experience, showcasing RoboForex’s dedication to fostering trader growth and lxcriticalg. While specific fees can depend on the account type, trading platform, and market traded, RoboForex’s structure is designed to cater to a wide range of traders, emphasizing transparency. Some accounts include zero spreads, which can be particularly attractive for traders looking to minimize costs​​.

Commissions

In our reviews, we examine the licenses and regulations of each entity operated by a broker, allowing us to compare their different levels of protection. We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation. RoboForex stands out with its adherence to client safety and remarkably low DAX40 spread on the Pro account. The fact that RoboForex has issued Civil Liabilities insurance and also participates in The Financial Commission attests to the former.

Trading on ECN account

RoboForex also deploys its proprietary copy trading platform, is home to the best pricing environment, and xcritical website grants industry-leading traders protection. Beginner traders get quality research but little education, while RoboForex maintains a generous bonus and reward program. A 15% cashback is available to all verified trading accounts with a minimum trading volume of 10 lots per month.

On the downside, RoboForex is authorized by the International Financial Services Commission (IFSC) in Belize. This is a ‘Red Tier’ regulator with low levels of investor protection, especially compared to ‘Green Tier’ regulators, such as the FCA in the UK or the ASIC in Australia. It can be an indispensable tool for making trade adjustments, particularly during moments of heightened volatility. However, the app also feels cumbersome, and I found it unsuitable for price action examination. The market is continually evolving, marked by periodic surges and declines in volatility.

However, stock traders can take advantage of the extensive range of shares available on the R StocksTrader platform. The terminal provides access to more than 12,000 shares and share CFDs, and I found it suitable for conducting advanced technical analysis. It is available for both desktop and web trading, and it also has a mobile app version. RoboForex’s Partner Program is another standout feature, open to traders, fintech developers, and content creators. Participants attract new clients and can earn up to 84% of the company’s revenue. With no daily limits on payouts, xcritical cheating partners can boost commissions by inviting traders to register “affiliate” accounts and inviting clients to trade high-commission assets like gold, oil, and CFDs on indices.

DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. This average customer rating is based on 2 RoboForex customer reviews submitted by our visitors. Compare RoboForex with the top 3 similar brokers that accept traders from your location. While these resources are readily available from other brokers like eToro and IG, their absence on RoboForex’s platform leaves room for improvement. They offer beginner traders valuable insights and serve as catalysts for developing their own trading methodologies. Moreover, RoboForex’s glossary serves as a helpful companion, aiding newcomers in grasping the technical terms integral to trading.