Any opinions, news, research, predictions, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. FX Trading Revolution will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information. RoboForex Ltd is a legit company registered in Belize and regulated by the International Financial Services Commission. With that said, the broker does receive mixed reviews on websites such as Trustpilot. All RoboForex platforms use SSL encrypted security systems as well as dual-factor authentication protocols. Withdrawals and transfers can also be protected via an SMS confirmation code with each transaction.
The offerings and developments by RoboForex is backed by more than 20 different awards along with sponsorship deals with some of the best sports athletes and teams from around the world. RoboForex is the official sponsor for the Starikovich-Heskes team in Dakar 2017 as well as the official sponsor for Andrei Kulebin who is a world-renowned Muay Thai fighter. There is a high level of risk involved when trading leveraged products such as Forex/CFDs.
The company has implemented negative balance protection, while they keep all client funds in the banks in segregated accounts at all times. When preparing this RoboForex inspection, we learned that the business is governed by CySEC and IFSC. The reachable platforms consist of MT4/MT5, cTrader and also WebTrader. There are portable versions for i-phone and Android designed for downloading.
DFID.org is only compensated by selling advertising spaces and has no other sources of remuneration and no partner relationship with any financial firms listed on the site. Opinions of the site users about the firms listed are totally independent and shall be published in free access on the website. The minimum deposit to start trading with RoboForex is as low as $10. You can deposit your funds to your trading account as many times as you wish without paying any charges or commissions.
The customer support team can help with most queries, from how to delete an account and user verification to clarification on ECN commissions per lot and how to reset your investor password. cTrader –cTrader offers handy features including pinch-to-zoom, fling scrolling, and double-tap action to recentre charts, as well as in-app notifications. You will see tighter spreads with the Prime and ECN accounts, with zero pip spreads available in some asset classes. Trading can bring in a steady income only if you trade with an honest broker. In case no client predicts the exact date and time – the closest 50 clients will share $20,000, according to the date and time they predict and the date and time they enroll their prediction.
All the trading applications are available for both Android and iOS. The activity of IFSC is regulated by the Ministry of Belize Securities and International Financial Services Commission Act .
If you’re trying to find a strong broker with, fantastic purchase implementation, low spreads, fantastic customer care and also the speediest withdrawal, then RoboForex is really a fantastic example. Roboforex can be also a rather innovative fx broker, every thing new happens straight here. The business is attempting to increase your relaxation and earning currency trading easier and more profitable. If you’re only about to deposit funds into your RoboForex account then you’re lucky, get out now while you still can. RoboForex is under investigation for Fraud and is on the verge of bankruptcy; avoid this broker at all costs. I just love what RoboForex brings to the table as a fairly new broker, the number and quality of their trading platforms is simply outstanding.
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RoboForex assists you with that by offering a very low commission structure and spreads that starts from zero. Even the highest start spread on their Prime account (1.3 pips) is very competitive. So by having a low commission, narrow spreads, no inactivity fee, and almost no processing fees you can grow your portfolio without having to worry about the trading cost. RoboForex provides several account types to meet the requirements of its client.
Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The client understands and forex analytics takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.
R Trader is a proprietary platform, and it’s about what you would expect from a custom trading software. On the other end, RoboForex has been the topic of complaint for many customers. By that, we don’t just forex mean bitter clients that are dissatisfied because they lost money. Namely, there’s a ton of severe and valid accusations ranging from disappointment with the service to withdrawal delays and refusals.
RoboForex offers investors access to popular tradable instruments, including Forex , metals stocks, indices, commodities, crypto-virtual currencies, crypto-virtual currency indices. There are several different types of forex accounts available for traders, including prime, ECN, R Trader account, Pro-Cent, and Pro-Standard trading accounts. All of these accounts are very different from one another, created for different types of traders.
- You should note that not all accounts include the “privilege” to access all the platforms.
- The fund is instantly credited to your trading account without making any unnecessary delay.
- Overall, RoboForex offers a nice selection trading accounts, has good support, and offers a nice range of educational materials, making it a solid choice for traders at any level.
- According to our RoboForex review, the broker looks promising to their clients with outstanding service and supports.
- Right now, if you are looking to trade cryptocurrencies on leverage, you can opt to trade raw crypto or in CFDs.
- RoboForex precious metals range is also decent and includes Gold, Silver, Platinum, and Palladium.
Using and/or implementing any market information to your investment is upon your sole discretion, and Finance Brokerage will not be responsible for any damage and/or loss you may incur. Those conditions are quite formidable as a group and would put RoboForex up there with the best global brokerages. However, to get one of the good conditions, you usually need to sacrifice another.
The reports don’t seem to be fringe cases either and show that the issues are consistent. However, in the considerable time the firm has been operating, it’s had quite a bit of ups and downs. From the outside, the service looks quite astounding, with strong technical qualities. However, things hold up much worse when you look at the realistic situation. The website is slow, cluttered, and clunky, with information being difficult to find.
allowing traders of any size or strategy, even at the trading beginning to engage into trading. The platforms along with the variety of assets and accounts bringing various options to trade either through robotic systems or investment, as well as powering trading by the power of developed tools. The range includes Cent Account as a great option to start or test robots or those ones that feature floating spread or maybe to use tight spreads from 0 pips with an additional commission. It is a fact the beginning either sophisticated RoboForex Review professional will find correct conditions to apply, along with Islamic traders who are able to apply for swap-free account. Roboforex offers traders a wide range of high-performance trading software, mainly MT4, MT5, cTrader, R Trader, RoboForex terminal. cTrader is suitable for experienced traders and has 54 technical indicators, 14 timetables, secondary pricing, and rare orders. Moreover, it enables traders to access all financial markets worldwide through a WEB terminal using a familiar web browser.
RoboForex is an international broker that has been around for more than a decade. It is regulated in Belize by the IFSC to provide trading facilities in securities and commodity-based derivatives.