Tips & Strategies for Online Trading

RoboForex: A Comprehensive Review of the Trading Platform

RoboForex
RoboForex

RoboForex is a financial brokerage company that has been operating since 2009. It provides access to an impressive number of instruments for trading, which has reached 12,000 and is constantly growing. RoboForex has been able to establish itself in the market due to its competitive trading conditions, innovative technologies, and excellent customer service.

The RoboForex trading platform offers its clients a wide range of trading instruments, including stocks, ETFs, gold, indices, and currencies, among others. The platform is user-friendly and offers a variety of tools and features to help traders make informed decisions. Additionally, the platform is available on multiple devices, including desktops, tablets, and mobile devices, making it easy for traders to access their accounts and trade on the go.

RoboForex offers a bonus program that rewards traders for their loyalty and trading activity. The program includes cashback, deposit bonuses, and other incentives. Additionally, RoboForex is regulated by one of the most trustworthy regulatory bodies in the world, making it trustworthy for all kinds of security trading. The broker is located at 2118 Guava Street, Belama Phase 1, Belize City, Belize. Registration Number – 128.572. With excellent customer service, RoboForex is a reliable broker for traders looking to invest in the financial markets.


Key Takeaways

  • RoboForex offers a user-friendly trading platform with a wide range of trading instruments.
  • The broker provides a bonus program that rewards traders for their loyalty and trading activity.
  • RoboForex is regulated by a trustworthy regulatory body and offers excellent customer service.

RoboForex Trading Platform

Overview

RoboForex offers multiple trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, and the proprietary R StocksTrader web platform. These platforms provide access to a variety of trading instruments, including Forex, stocks, indices, commodities, ETFs, and cryptocurrencies. The platforms are available for desktop, web, and mobile trading, providing traders with flexibility and convenience.

Trading Instruments

RoboForex offers a wide range of trading instruments across multiple asset classes, including Forex currency pairs, indices, stocks, commodities, and cryptocurrencies. The broker offers over 12,000 trading instruments, including popular options such as EUR/USD, USD/JPY, USD/CAD, GBP/USD, AUD/USD, and NZD/USD. Traders can also access popular indices such as US500Cash, US30Cash, and DE40Cash.

Account Types

RoboForex offers three main account types: Pro Account, ECN Account, and Prime Account. The Pro Account is designed for Forex traders, with spreads starting from 1.3 pips and no commission fees. The ECN Account is designed for equity traders, with spreads starting from 0 pips and commission fees of $20 per million traded. The Prime Account is designed for high-volume traders, with spreads starting from 0 pips and commission fees of $2 per lot traded. The minimum deposit for each account type varies, with the Pro Account requiring a minimum deposit of $10, the ECN Account requiring a minimum deposit of $1,000, and the Prime Account requiring a minimum deposit of $5,000.

Commission and Spreads

RoboForex offers competitive commission and spread rates across its account types. The Pro Account offers no commission fees and spreads starting from 1.3 pips, while the ECN Account offers commission fees of $20 per million traded and spreads starting from 0 pips. The Prime Account offers commission fees of $2 per lot traded and spreads starting from 0 pips. Spreads may vary depending on market conditions and liquidity.

Leverage

RoboForex offers leverage of up to 1:2000, depending on the account type and trading instrument. The maximum leverage for Forex trading is 1:2000, while the maximum leverage for stocks and indices is 1:20. The maximum leverage for cryptocurrencies is 1:10. Traders should be aware of the risks associated with high leverage and use it responsibly.

In summary, RoboForex offers a variety of trading platforms and instruments, competitive commission and spread rates, and flexible account types with varying minimum deposits and leverage options. Traders can choose from a range of popular trading instruments, including Forex currency pairs, stocks, indices, and commodities, and can access these instruments through multiple platforms, including MT4, MT5, cTrader, and the proprietary R StocksTrader web platform. RoboForex is a regulated broker, and traders can enjoy instant withdrawals, compensation fund, and civil liability insurance.

RoboForex Bonus Program

Overview

RoboForex offers a variety of bonuses to its clients, providing them with additional funds for trading. The bonuses can be used to increase trading volume, hedge risks, and boost profits. The bonus program is available to all clients who meet the eligibility criteria and agree to the terms and conditions.

Types of Bonuses

RoboForex offers several types of bonuses, including:

  • Welcome Bonus: This bonus is available to new clients who have verified their personal information. The amount of the bonus is $30 or 3,000 cents, depending on the account type. The bonus can be used for trading and profits can be withdrawn without restrictions.
  • Classic Bonus: This bonus is available to all clients who deposit funds into their accounts. The bonus amount ranges from 25% to 120% of the deposited sum, depending on the account type and deposit amount. The bonus can be used for trading and profits can be withdrawn without restrictions.
  • Profit Share Bonus: This bonus is available to all clients who participate in the program. The bonus amount is based on the trading volume and can reach up to 60% of the company’s profits. The bonus can be used for trading and profits can be withdrawn without restrictions.
  • Cashback: This bonus is available to all clients who trade regularly. The bonus amount is based on the trading volume and can reach up to 15% of the commission paid by the client. The bonus can be used for trading and profits can be withdrawn without restrictions.

Terms and Conditions

To participate in the bonus program, clients must meet the eligibility criteria and agree to the terms and conditions. Some of the key terms and conditions include:

  • The bonus can only be used for trading purposes and cannot be withdrawn.
  • The bonus can be cancelled or revoked at any time by the company.
  • The bonus is subject to certain trading requirements, such as minimum trading volumes and holding periods.
  • The bonus is subject to certain restrictions, such as maximum leverage and trading instruments.
  • The bonus is subject to certain limitations, such as maximum bonus amounts and withdrawal limits.

In conclusion, RoboForex offers a comprehensive bonus program that provides clients with additional funds for trading. The program includes several types of bonuses, each with its own eligibility criteria, terms, and conditions. Clients who meet the criteria and agree to the terms and conditions can benefit from the program and increase their trading volume, hedge risks, and boost profits.

RoboForex Regulation and Safety

When it comes to choosing a forex broker, safety and regulation are two key factors to consider. In this section, we’ll take a look at RoboForex’s regulatory bodies and safety measures.

Regulatory Bodies

RoboForex is a regulated broker, which means it is subject to oversight by various financial regulatory bodies. The company is registered in Belize and is regulated by the International Financial Services Commission (IFSC) of Belize under license number IFSC/60/271/TS. The IFSC is responsible for regulating and supervising financial services providers in Belize, and ensures that they operate in a fair and transparent manner.

In addition to the IFSC, RoboForex is also a member of the Financial Commission, an independent organization that resolves disputes between brokers and their clients. The Financial Commission provides an alternative dispute resolution mechanism that allows clients to resolve complaints in a timely and efficient manner.

Safety Measures

To ensure the safety of its clients’ funds, RoboForex has implemented a number of safety measures. The company maintains segregated client accounts, which means that client funds are kept separate from the company’s operating funds. This helps to protect clients’ funds in the event of the company’s insolvency.

RoboForex has also established a Compensation Fund, which provides additional protection for clients’ funds. In the event that the company is unable to meet its financial obligations, the Compensation Fund will provide compensation to eligible clients.

To further enhance the safety of its clients’ funds, RoboForex has implemented a Civil Liability insurance program. This program provides coverage against omissions, fraud, errors, negligence, and other risks that may lead to financial losses of clients. The insurance program has a limit of 2,500,000 EUR, which is a market-leading coverage.

Conclusion

Overall, RoboForex is a reliable and safe forex broker that is regulated by reputable financial regulatory bodies. The company’s safety measures, such as segregated client accounts, a Compensation Fund, and a Civil Liability insurance program, provide additional protection for clients’ funds.

RoboForex Customer Service

Overview

RoboForex is committed to providing excellent customer service to its clients. They offer 24/7 customer support, which is available in multiple languages. Their customer service representatives are knowledgeable and professional, and they strive to provide quick and effective solutions to any issues that clients may encounter.

Contact Methods

There are several ways to contact RoboForex customer service, depending on your preference:

  • Email: You can send an email to their support team at support@roboforex.com. They aim to respond to all emails within 24 hours.
  • Live Chat: You can access their live chat feature directly from their website. This is the quickest and most convenient way to get in touch with their support team.
  • Facebook: You can send them a message on their official Facebook page, and their team will respond as soon as possible.
  • Telegram: You can also contact their support team through the Telegram messaging app.

Languages

RoboForex offers customer support in multiple languages, including English, Spanish, Portuguese, Russian, Chinese, Indonesian, Malay, Thai, Vietnamese, Arabic, and more. This ensures that clients from all over the world can get the support they need in their native language.

In addition to their customer service team, RoboForex also has an extensive FAQ section on their website. This section provides answers to many common questions that clients may have, such as how to open an account, how to deposit and withdraw funds, and how to use their trading platforms.

Overall, RoboForex is dedicated to providing top-notch customer service to their clients. They offer multiple ways to contact their support team, and their representatives are knowledgeable and professional. With support available in multiple languages, clients from all over the world can get the help they need.


Frequently Asked Questions

Is RoboForex regulated by any financial authority?

Yes, RoboForex is regulated by multiple financial authorities including the Cyprus Securities and Exchange Commission (CySEC), the International Financial Services Commission of Belize (IFSC), and the Financial Services Authority (FSA) of Seychelles.

What trading platforms does RoboForex offer?

RoboForex offers a variety of trading platforms including MetaTrader 4, MetaTrader 5, cTrader, and R Trader.

Does RoboForex offer demo accounts?

Yes, RoboForex offers demo accounts for all of their trading platforms.

What are the minimum deposit requirements for RoboForex?

The minimum deposit requirements for RoboForex vary depending on the account type and payment method. For example, the minimum deposit for a Pro-Standard account is $10 USD, while the minimum deposit for a Prime account is $5,000 USD.

What types of accounts does RoboForex offer?

RoboForex offers a variety of account types including Pro-Standard, ECN-Pro NDD, Prime, and R Trader. Each account type has its own unique features and benefits.

What is the maximum leverage offered by RoboForex?

The maximum leverage offered by RoboForex varies depending on the account type and trading instrument. For example, the maximum leverage for forex trading is 1:2000 for Pro-Standard and ECN-Pro NDD accounts, while the maximum leverage for cryptocurrency trading is 1:50 for all account types.

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