Introduction
RoboForex is a regulated Forex broker. It offers trading and CFD services, as well as a shared account and margin lending. The company was founded in 2014 and has been operating since then on two domains. Check out RoboForex Review.
Trading platforms
RoboForex offers a wide range of trading platforms. The main trading platform is called FX Trader, which is available on desktop computers, laptops and tablets.
The other two types are Mobile Trader and Web Trader. These two platforms have similar functionality but differ in the time frame they cover (the former covers upto 1 minute while the latter covers up to 1 month).
RoboForex’s trading platform is easy-to-use, intuitive and offers a variety of technical indicators; charting tools; order types such as market orders or limit orders; stop loss/profit targets etc., which makes it very appealing for beginners as well as experienced traders!
Account types
The RoboForex account types are Standard, Mini and Premium. Standard accounts are free and can be used for trading with a maximum amount of $10,000 per day. Mini accounts have a smaller amount of money per day (between $1K and $2K) that you can trade with. Premium accounts have even more money available to trade with than the standard or mini options available at RoboForex.
All three account types offer access to their different trading platforms, which we will go over in detail below!
Demo accounts
Demo accounts are a good way to learn the ropes and get familiar with RoboForex’s trading platform. They are free, but they do not allow you to trade with real money. If you wish to start using our demo account for live trading purposes, we offer this service through our partner company RoboForex . Roboforex provide no deposit bonus forex.
Demo accounts are designed for learning purposes only; they cannot be used in any other way than practicing how our platform works and understanding how it functions before opening an account in full form.
Spreads and commissions
The spread is the difference between the bid and ask prices. It's usually small, so you can expect to pay small commissions for transactions. If you're looking for a platform that offers competitive spreads, then RoboForex might not be right for you. For more information please visit Traders Union.
The commissions are taken from both sides of each trade—the winning and losing side—and they're calculated as follows:
- The losing side (the one who will lose money) gets charged 1% while the winning side (the one who wins money) pays 0% commission on their orders/trades.
Customer support, payments and security
RoboForex offers 24/5 customer support. It has a secure trading platform and fast deposits and withdrawals.
RoboForex is committed to providing financial security, so they will send you an email whenever there is a change in your account balance or any other important information related to it.
Deposits methods
You can deposit in a variety of ways. You can make a deposit using your credit card, bank transfer or even PayPal. Deposits are free and they are instant.
One thing that you will notice when signing up for RoboForex is how easy it is to open an account with them. They offer their services across many platforms including: Amazon Alexa, Google Home, Apple HomePod and Samsung SmartThings so if you have one of those devices at home then simply ask it “Open RoboForex account” and follow the instructions!
RoboForex is regulated by IFSC and CySEC, a trustworthy broker with reasonable spread conditions.
RoboForex is regulated by IFSC and CySEC, a trustworthy broker with reasonable spread conditions.
RoboForex offers a wide range of trading instruments, including currencies, indices and commodities. The company offers a lot of bonuses to its clients.
Conclusion
We hope you enjoyed reading our review of RoboForex. The broker is well-regarded for its high quality of service and scalability, though it’s not a perfect solution for all traders out there. Hopefully this post helped you decide whether or not it will be your go-to forex broker in the coming months!
