RoboForex Review 2021: Everything You Need To Know!
At RoboForex, users in different markets are assured of a seamless trading experience. It is currently servicing international Forex investors and over a million traders have opened a demo account with the platform. RoboForex provides for its clients the best promotional offers on financial markets. The broker has a global presence, delivering tailored solutions, from copy trading to crypto deposits, RoboForex meets the needs of their customers.
|Headquarters||Belize City, Belize|
|Product offered||Trading Platform, Forex Broker, Stocks|
|Minimum Initial Deposit||10 EUR/USD|
|MetaTrader 4 (MT4)||Yes|
|MetaTrader 5 (MT5)||Yes|
|Withdrawal fee||Depends on Payment Methods|
|Supported currencies||EUR, USD, JPY, & More|
|Customer Support||24/7 Support, Email, Phone, & Live Chat|
Once the client opens a Demo Account at RoboForex they can avail themselves of a host of lucrative offers such as trading robots and trading signals. The HQ of the Forex platform is at 2118 Guava Street, Belama Phase 1 Belize City.
It was established and introduced to CFD and Forex investors in the year 2009. Since its introduction into the market RoboForex has had an upwards trajectory in the forex expanse and is currently servicing 1,000,000 business associates.
RoboMarkets Ltd is the official sponsor partner of the automobile brand of BMW M Motorsport. RoboForex has USD EUR and other market currency offerings on its platforms. With regards to its regulation, it is authorized by the International Financial Services Commission Belize (IFSC) making it a reliable financial markets platform.
RoboForex allows copy trading leveraged market exchange strategies for the consumers’ benefit. It offers Demo Accounts to users in Micro, Mini, Standard, ECN, and Islamic Funding Methods. For users of asset classes at RoboForex, there are tighter trading spreads with zero pip valuations. In addition, the maximum leverage offered is at 1:2000 for all major asset classes.
The trading platforms offered to the user are MetaTrader 4, MetaTrader 5, cTrader, and rTrader. RoboForex is a technically automated market exchange. The spreads, trading fees, platforms, and trading features are what make RoboForex an enticing offer to global brokers.
RoboForex provides host market services that employ trading robots service functionalities. We’ll review RoboForex for its products and services. Read the facts you must know in this RoboForex review before you begin online trading. We’ll also review RoboForex for its features, app, and mobile trading.
What Is RoboForex?
RoboForex Ltd was launched in 2009. Since its introduction into the Forex broker market, RoboForex has been providing trading services on a global scale. Its head office is located at 2118 Guava Street Belama Phase 1 Belize City. Currently, RoboForex has clients in the EU and EEA countries that are very active in trading assets.
Many reviews have positive views of the features of the platform. The RoboForex offers the R Trader platform, an excellent trading ecosystem, for a host of trading styles for investors.
Furthermore, advanced trading is available on the cTRader and the R Trader trading options. The client gets to select from a host of trading instruments for optimal outcomes. It also offers customers trading solutions through the feature “ContestFX.”
With this, a Forex investor can create an authentic trading account and jump-start their foreign investment ventures. When clients deposit their trading accounts, the commission is always 0%. RoboForex covers all expenses. The clients can choose one of the most popular trading platforms in the industry and install it on their PCs or mobile devices.
Features of RoboForex
In this RoboForex review, get to know the Features of the forex brokers:-
- Market Makers in RoboForex have the ability to trade with a minimum deposit and have no commission trades.
- At RoboForex, there are more robust trading spreads from 0 Percentage In Point (PIP) depending on the unique trading conditions.
- The types of order execution are accelerated on the RoboForex platform.
- RoboForex offers currency pairs of EUR USD CNY and commodities like Gold.
- When traders open an account on RoboForex, they are provided with access to 7 trading asset classes and multi-asset features.
- The share size for micro account holders is min 0.01.
- RoboForex profits users with a “partners affiliate scheme.”
- RoboForex provides Copy Trading assistance for currency pairs and commodities.
As per the RoboForex reviews, the broker provides you with the following services:-
Cash Back Rebates
At RoboForex, the money obtained by the cashback rebates feature is permitted to be exchanged according to the users’ needs.
Since rebates are not bonuses at RoboForex, the client can utilize this offering for the benefit of leveraging their exchange accordingly.
10% Account Limit
There is a possibility of up to 10% additional funds at RoboForex.
According to the trading conditions, the user can enhance their trading volume credits. The payout is 2.5% or 1 to 10 lots and 5% for 10 to 1,000 lots.
The VIP client service of this Forex broker is only permitted to users that have a particular cumulative result of money on their exchange accounts. The VIP service comes with high-leverage trading opportunities and lucrative cashback offers.
Free VPS Server
The cashback rebates offered in the VIP program of RoboForex are up to a 40% payout percentage. Moreover, there are no restrictions as there are VPS server accessibilities. With the VPS server conformities, a single exchange on RoboForex does not have any limits from the previous calendar month.
Last year, RoboForex launched the Sponsored VPS program for its clients working via MetaTrader 5 trading platform. The regular fee is USD 15 per month. Additionally, the user has access to a private VIP manager to assist them with their trading pursuits.
Is RoboForex Regulated?
RoboForex is regulated by the International Financial Services Commission (IFSC) of Belize under permit number 000138/210. The platform regulation compliance is a grade “A” accredited branch of the Financial Commission.
RoboForex is an associate of the Compensation Fund facility that assures a grant of up to 20,000 Euros for each case respectively.
RoboForex Review: Pros and Cons
|RoboForex provides users with a plethora of trading instruments.||RoboForex has a moderate level of security features for financial partner firms.|
|An array of deposit and withdrawal payment facilities are available.||RoboForex doesn’t have many trading instruments to choose from on all the popular account types.|
|RoboForex has an accelerated sign-up process for account registration and demo accounts access.||…|