RoboForex Broker takes advantage of the technology innovation in the trading business. In fact, the company successfully earned more than 800,000 clients over 169 countries. Its traders can also start their accounts in any of the seven accessible accounts with different platforms.
RoboForex does not require a first deposit when logging into a demo account. The best deals about RoboForex are its 0% commissions for clients, instant withdrawals, client funds security, and fast order execution.
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RoboForex started operating since 2009, under the regulation of the International Financial Services Commission or IFSC. The broker renders a variety of trading services suitable for all client levels to grow their business. RoboForex even entered Muay Thai sponsorship during 2018 as part of its developing platforms. They take pride in the rewards earned from 2015 to 2018 and continue to rage in the world of trading. The number of trading accounts opened is aggregating up-to-date.
RoboForex Trading Platforms
Lots of trading platforms are available at RoboForex, including the most popular MetaTrader 4 and MetaTrader 5. The latter is the latest version of the prior with a bit of difference. Most traders go for MetaTrader 4 because of familiarity, but for better opportunities, pick MetaTrader 5.
Other platforms such as WebTrader, Mobile Trader, and R Trader contain more advanced tools in handling trading transactions.
RoboForex Trading Instruments
RoboForex trading instruments include eight asset classes, such as Forex with 40 currency pairs, stocks, indices, ETFs, soft commodities, energies, metals, and cryptocurrencies.
RoboForex Trading Conditions
Trading conditions were made to protect and save your trading experience. These are the best parts of every trading company for the benefit of all their clients. It differs according to the trading account level.
The available leverage will depend on the equity level of the client on its trading account. For example, an equity level of more than 5000 USD will have up to 1:20 leverage ratio while above 10,000 USD depends on the client’s strategy.
Deposits and withdrawals are done instantly depending on the kind of payment used, like bank payments, electronic payments, and bank cards. Expect for a maximum of two days of withdrawal processing time, especially on bank payments.
For a quicker deposit process, use the Skrill and NETELLER. No worries as RoboForex carry out all the commission paid. More than 20 deposit options are available.
The Pro-Standard account is swap-free, which means overnight rates do not affect your trading practices. It uses up floating-type spread from 1.3 points depending on the market conditions.
RoboForex Trading Accounts
Seven trading accounts are at RoboForex for a different level of traders. A demo account is for free with more than 9,400 assets, which is useful for first-time traders. Pro-Standard, ECN-Pro, Pro-Cent, and Affiliate accounts have the same minimum deposit of 10 USD / 10 EUR / 100 CNY. The remaining accounts, such as Prime and R Trader, have a minimum deposit of 5,000 USD and 100 USD, respectively.
Each trading account has several trading platforms, which are downloadable. Pro-standard and demo accounts have the most numbered platforms.
RoboForex Bonus & Promotions
The moment you create an account, there will be a welcome bonus of 30 USD by depositing at least 10 USD to your account.
Another is a profit share bonus, which will happen if you expand 25% or 50% to your first deposit. The bonus amount depends on the sum of the deposit. This action adds protection during a drawdown.
Up to 115%, Classic Bonus is for the deposited sum from 500 USD and above. It covers the first and succeeding deposits to increase the trading volume.
MQL5 Signals Coupons are offered by the MLQ5 community, which is composed of 2017 coupons to be given to clients with a 300 USD trading account. Instead of using the client’s funds in paying for other subscriptions, use the coupons instead.
Other promotions at RoboForex:
- Cashback every month on all account types. The cashback rates depend on the trading volume of an account. Many rebates are given to higher trading volumes.
- Receive an extra 10% funds on your account regardless of the base currency. The prior rule applies regarding the trading volume.
- RoboForex offers a free-VPS server for fully verified accounts with over 300 USD equity amounts.
- Be a VIP client and experience exceptional privileges, for instance, an additional cashback, extra funds, a non-restricted VIP server, and a personal VIP manager.
- There are free contests at RoboForex, mainly for demo accounts, with equivalent cash prizes. Examples are Trade Day, Week with CFD, and KingSize MT5 for weekly contests and Demo Forex done monthly.
- Become a partner and enjoy the premium affiliate program up to 60%, including revenue share and loyalty program.
You can ask RoboForex for general questions by sending an email to firstname.lastname@example.org. 24/7 customer support can respond to 11 different languages for clients all over the world. Other emails are accessible through the marketing and partnership team email@example.com and firstname.lastname@example.org, accordingly. You can also dial RoboForex at +65 3158 8389.
The schedule of trading hours depends on the region it operates, whether in Asia, Europe, America, and Pacific regions. Online supports are accessible 24/7.
Trading documents are essential to operate smoothly without the worry of unfamiliarity on trading processes.
RoboForex has no limits in rendering outstanding benefits for their clients. Trading advantages include 0 pips spread, several account currencies and asset classes, micro accounts availability, and affiliate programs. Traders can enjoy multiple account options to suit their trading levels with the help of trading platforms. Every client can access multilingual customer support the whole day.
PayPal is not a popular payment option from the RoboForex portfolio. There are lots of account options to choose from, with only little variances. Different trading hours are provided in different regions, which are sometimes confusing for some clients.
RoboForex is an excellent companion for trading practices, whether for the beginners or the professional traders. Downsides are present, and yet it is overpowered by the good things RoboForex offers.