RoboForex Review: Is RoboForex A Good Broker For You?

RoboForex Review: Is RoboForex A Good Broker For You?

You will constantly be aware of the market position, will be able to conduct trading activities, and will be able to trace the history. Download the portable version of MetaTrader 5 to your mobile device and trade from any convenient location – the terminal will always be with you. Yes, RoboForex provides a copy trading platform called CopyFX, where traders may replicate the trades of successful traders and profit from their knowledge. For example, SEPA withdrawals cost 1.5%, local bank transfers might cost up to 4%, and AstroPay withdrawals cost 0.5%. It enables traders to access their accounts and trade straight from a web browser, eliminating the need to download or install software.

• Additionally, the platform features more than 3,000 real stocks of US companies, catering to traditional investors seeking direct equity investments.
• When it comes to funding your account, this is yet another area in which the broker really excels.
• Demo accounts are also only available for Prime, R Stocks Trader, and Pro accounts.
• The marketplace that is built-in the platform has a good variety you can browse through.
• Roboforex is regulated and well established, having been in business for over 16 years.
• Financial regulation and licensing are crucial for creating a secure trading environment for Roboforex traders.
• Roboforex is open and flexible when it comes to accepting a variety of trading techniques.

How are Execution, leverage and position sizing with Roboforex?

This is something I have come to expect from all brokers nowadays. There is a vast frequently asked questions area on the RoboForex website that covers a range of topics from the services and products they provide to general trading questions. This section contains tools such as historical volatility chart, pivot point level calculations, Fibonacci retracements and more. The data is conveniently displayed to assist with conducting market analysis based on the calcualtions from each of the tools. The signals section roboforex review displays signals in a table format along with data available on 7 timeframes from the 1 minute to daily.

Advancing Education for Traders

Experienced Roboforex traders can trade high risk CFD trades to hedge items in their portfolio. Roboforex MetaTrader 5 has many advanced trading tools for more advanced users.Understanding these tools can give you a competitive edge. Autochartist on the Roboforex platform is a powerful tool designed to help traders find trading opportunities quickly and easily.

An additional ‘profit share’ bonus of up to 60% of deposit values allows traders to increase their trading volume and reduce drawdown losses. RoboForex provides a decent selection of research tools in the form of market analysis, forecasts and a blog, all available for free on the broker’s website. It is a useful tool that allows uninterrupted access to markets with the lowest possible latency. It will serve dedicated day traders, in particular, and complement Expert Advisors, allowing you to implement strategies as long as the markets are open, and without any manual input necessary. We are impressed with RoboForex’s suite of additional tools, which we think add great value to the broker and cover many bases for both new and experienced traders.

Bank Wire

After extensive research over several years, we have compiled a list of the most effective Roboforex alternatives available today. If you are unsatisfied with Roboforex or want to explore other options, we recommend checking out our carefully curated list of highly-rated Roboforex alternatives. Follow the links below to learn more about these Roboforex broker alternatives and choose the one that best suits your trading needs. Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.

Does RoboForex have a deposit bonus?

If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed. The next step involves submitting identification documents for Roboforex account validation and making a deposit. Once completed, Roboforex users can download the trading platform of their choice.

How To Open A Live Account

• RoboForex is an established brokerage with over 15 years of experience and access to thousands of instruments.
• On the other hand, its dated and rugged design falls short compared to newer, sleeker platforms.
• The R StocksTrader platform features more than 12,000 real shares and share CFDs.
• For example, if you are trading US stocks the hours will differ from trading assets in Asia or Europe.
• I believe RoboForex provides the perfect environment for achieving my trading ambitions.
• An additional ‘profit share’ bonus of up to 60% of deposit values allows traders to increase their trading volume and reduce drawdown losses.

An investor may connect to an endless number of traders as long as his deposit is large enough to resist such a load. Because of this risk diversification, traders’ trades may be used to build a full-fledged investment portfolio. Yes, RoboForex gives traders access to worldwide stock markets, enabling them to trade CFDs on equities from big firms listed on multiple international exchanges.

Stocks, currency and other commodities and instruments will be brought or sold by Roboforex even if no buyer or seller is lined up. Please note that the list of payment methods below depends on the Roboforex Entity and the client’s Country of Residence. It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. The phone support team successfully resolved our questions and issues over the phone. Like other brokers, Roboforex margin requirements can differ depending on the traded instrument.

The minimum deposit to start trading is just $10 and it only takes a few minutes to setup your account. There is even a free demo account if you want to practice trading online before making a financial commitment. If you are a beginner, there is no shortage of educational content to help you learn more about trading online.

The desktop version of MT4 is the only one that can support trading robots if you plan on using them. You can build your own automated systems and find plenty online from various websites. The marketplace that is built-in the platform has a good variety you can browse through. Since 2018, RoboForex Ltd have regularly used the Verify My Trade (VMT) service which provides a quality auditing review of order execution to evaluate how they are executing client orders.