RoboMarkets Review 2024

What is RoboMarkets?

RoboMarkets is a European regulated broker that offers a wide range of trading services. It provides its clients with access to six markets and over 3,000 trading instruments. RoboMarkets offers trading of over 1,000 stocks and 3,000 CFDs without commission or financing fees. This includes a multitude of industries to invest in, such as technology, entertainment, industrial, financial, energy, and basic materials. The company provides a variety of trading tools, platforms, and robots. Some of the most popular trading platforms in the industry are available, including WebTrader, MobileTrader, TradingView, MetaTrader 4, and MetaTrader 5. These platforms offer features like trading ideas, real-time data, charts, and more. RoboMarkets also offers premium conditions for trading. This includes spreads for stocks from 0.01 USD, execution from 0.1 seconds, and more than 3,000 instruments. There are no restrictions on algorithmic trading, and the company offers free withdrawal of funds twice a month. In terms of security, RoboMarkets diligently follows the EU legislation, meeting actual requirements to secure your trading with them. They are a European regulated broker with CySEC license No. 191/13. They also offer negative balance protection and have segregated accounts in major banks. In summary, RoboMarkets is a comprehensive trading platform that offers a wide range of services and tools for traders. Whether you’re interested in stocks, CFDs, or forex trading, RoboMarkets provides a robust and secure platform to meet your trading needs.

What is the Review Rating of RoboMarkets?

What are the Pros of RoboMarkets?

RoboMarkets is a multi-asset broker that offers a wide range of benefits for forex traders. Here are some of the key advantages:. Low Minimum Deposit: RoboMarkets has a low minimum deposit requirement, making it accessible to a wide range of traders. Competitive Spreads: With spreads starting from 0 pips, RoboMarkets offers competitive trading conditions. Range of Trading Platforms and Accounts: RoboMarkets provides a variety of trading platforms and account types, catering to the diverse needs of traders. This includes popular platforms like MT4 and MT5, as well as their own proprietary trading platform. Regulation and Security: RoboMarkets is well-regulated by CySEC, providing traders with a secure trading environment. Additionally, they offer insurance coverage of up to $5,000,000. Support for Various Trading Techniques: RoboMarkets supports a range of trading techniques such as hedging, scalping, and the use of EAs. Free and Instant Deposits: RoboMarkets allows for free and instant deposits, enhancing the trading experience. Pattern Recognition Technology: RoboMarkets offers pattern recognition technology, which can be a valuable tool for technical analysis. In-App Support: RoboMarkets provides in-app support, ensuring that help is readily available when needed. User-Friendly Interface: The user-friendly interface of RoboMarkets’ trading platforms makes it easy for traders to navigate and execute trades. Customizable Charting and Analysis Tools: RoboMarkets offers customizable charting and analysis tools, allowing traders to tailor the platform to their individual needs. Please note that trading conditions can vary depending on the account type and the platform used. It’s always a good idea to thoroughly research and consider these factors before choosing a forex broker.

What are the Cons of RoboMarkets?

RoboMarkets, a well-known forex broker, has several disadvantages that potential investors should be aware of. Here are some key points:. Higher Spreads and Commissions: The spreads offered through the Pro and ProCent account types can be higher than those offered by other brokers. Additionally, the commissions charged for trading through an ECN and Prime account type are also slightly above the industry average. Limited Demo Account: Unlike many brokers that offer unlimited demo accounts, RoboMarkets’ demo account is not unlimited. This could limit the ability of new traders to practice and understand the platform before they start live trading. Withdrawal Fees: RoboMarkets does not cover the fees on withdrawals. This means that traders will have to bear these costs, which could eat into their profits. No Bonuses for Retail Traders: Retail traders at RoboMarkets are unable to request bonuses, as they are banned by the European Securities and Markets Authority (ESMA). Less Competitive for Active Traders: Active, high-volume traders may find RoboMarkets less attractive due to its lack of generous rebate programs, which are available at some other brokers. These points should be carefully considered by anyone thinking about trading with RoboMarkets. It’s always important to understand both the advantages and disadvantages of any broker before making a decision to invest.

What are the RoboMarkets Current Promos?

RoboMarkets, a renowned player in the Forex market, offers several promotional offers to its clients. Here are some of the key promotions:. Free Withdrawal of Funds: RoboMarkets compensates for the commission when clients withdraw funds on the first and the third Tuesday of each month. This allows clients to manage their funds efficiently without worrying about additional costs. Zero Commission on Deposits: When clients deposit into their trading accounts, the commission is always 0%. This means that RoboMarkets covers all expenses that may occur when you deposit into your trading account. This allows clients to select the payment system of their choice without being restricted to choosing a method of payment according to its cost-effectiveness. VPS-Server: RoboMarkets offers a remote trading server that provides seamless and quick access to trading for clients and their Expert Advisors. It also ensures 24/7 connection with the trading terminal via any mobile device. Automatic Withdrawal of Funds: At RoboMarkets, up to 85% of clients’ funds withdrawal requests are processed automatically. This service is available not only during working hours, but also at night, as well as during weekends and holidays. These promotions are designed to provide a smooth and cost-effective trading experience for RoboMarkets clients. It’s always recommended to check the official RoboMarkets website for the most up-to-date information on their current promotions.

What are the RoboMarkets Highlights?

RoboMarkets is a European brokerage company that provides retail and professional traders with reliable access to multiple markets. Here are some of the highlights:. Multi-Asset Broker: RoboMarkets offers more than 3,000 instruments for trading. This includes a wide range of financial assets such as stocks, ETFs, and CFDs on currencies, metals, and oil. Professional Trading Platforms: All clients receive access to professional trading platforms and cutting-edge proprietary technologies. This allows traders to execute trades efficiently and effectively. Competitive Trading Conditions: RoboMarkets offers spreads from 0 pips per lot and stock commissions from $0.009 per share. This makes it a cost-effective choice for traders. Customer Support: RoboMarkets has a team of multilingual specialists ready to answer your questions. They provide 24/7 customer support, ensuring that help is available anytime. Regulated Broker: RoboMarkets is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license No. 191/13. The company is also a member of the Investment Compensation Fund of Cyprus, providing insured clients with compensation payments if the company is unable to pay them themselves. Partnerships and Sponsorships: In 2022, RoboMarkets entered into a strategic partnership with Eintracht Frankfurt, a sports club full of history and achievements. This collaboration highlights RoboMarkets’ confidence in the two worlds filled with emotions and adrenaline: sports and trading. These highlights demonstrate RoboMarkets’ commitment to providing a comprehensive and reliable trading environment for its clients. Whether you’re a retail trader or a professional, RoboMarkets offers a range of services and features to meet your trading needs.

Is RoboMarkets Legit and Trustworthy?

RoboMarkets is a multi-asset broker that has been in operation since 2012. It offers over 11,700 instruments for trading. and is regulated by CySEC. RoboMarkets is also a member of the Investment Compensation Fund of Cyprus. Customer reviews on Trustpilot give RoboMarkets a rating of 3.8 out of 5, with 55% of the reviews being 5-star. Positive reviews highlight the company’s quick response to customer inquiries. , stable platform. , and helpful and polite support. However, there are also negative reviews, with some customers expressing dissatisfaction with the company’s customer service. RoboMarkets uses the WebTrader and MetaTrader 4 investment platforms. The minimum deposit at RoboMarkets is 100 USD. The company offers a variety of methods for depositing and withdrawing funds, including wire transfer, credit cards, and various online payment systems. However, it’s important to note that trading with RoboMarkets, like any broker, involves risk. Between 74% and 89% of retail investors lose money when trading CFDs. Therefore, it’s crucial to understand how CFDs work and whether you can afford the high risk of losing your money. In conclusion, while RoboMarkets appears to be a legitimate broker with a generally positive reputation, potential investors should carefully consider the risks associated with trading before deciding to use their services.

Is RoboMarkets Regulated and who are the Regulators?

RoboMarkets is indeed a regulated entity. The primary regulator of RoboMarkets is the Cyprus Securities and Exchange Commission (CySEC). RoboMarkets Ltd operates under the CySEC license No. 191/13. The CySEC is a financial regulator of the Republic of Cyprus, established in 2001 with the enactment of “The Cyprus Securities and Exchange Commission” law. The purpose of CySEC is to provide licensing, regulation, and control of brokers, brokerage companies, dealing centers, and operations carried out on the stock and currency exchange. It also aims to develop and implement regulations and laws that make the financial market of Cyprus more reliable and transparent. In addition to CySEC, RoboMarkets is registered as a legal investment firm in 29 European countries. Some of these regulators include:. Austria: Financial Market Authority (FMA). Czech Republic: Czech National Bank (CNB). Denmark: Danish Financial Supervisory Authority (FSA). Estonia: Estonian Financial Supervision Authority (EFSA). Finland: Financial Supervisory Authority (FIN-FSA). France: ACPR – Banque de France. Germany: Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin). Great Britain: Financial Conduct Authority (FCA). Hungary: The Central Bank of Hungary. Italy: Commissione Nazionale per le Società e la Borsa (CONSOB). Latvia: Financial and Capital Market Commission (FCMC). Lithuania: Bank of Lithuania (Lietuvos bankas). Malta: Malta Financial Services Authority (MFSA). Netherlands: The Netherlands Authority for the Financial Markets (AFM). Norway: The Financial Supervisory Authority of Norway (Finanstilsynet). Portugal: Comissão do Mercado de Valores Mobiliários (CMVM). Slovakia: National Bank of Slovakia (NBS). Slovenia: Agencija za trg vrednostnih papirjev (ATVP). Spain: Comisión Nacional del Mercado de Valores (CNMV). Sweden: Finansinspektionen (FI). RoboMarkets Ltd may also provide services to clients from countries outside the EU, including Belize, Malaysia, Seychelles, and Switzerland. RoboMarkets is a member of the Investor Compensation Fund (ICF) of Cyprus. The purpose of the ICF is to provide insured clients of the companies registered in the CySEC with compensation payments, if these companies are unable to pay them themselves. In these cases, the compensation may be up to 20,000 euros for one client, regardless of how many trading accounts they have, the base currencies of these accounts, and the place where the investment service is provided. Furthermore, RoboMarkets has taken additional measures to protect its liabilities to Clients through the Civil Liability Insurance Policy for Forex Brokers with up to 2,500,000 EUR. In conclusion, RoboMarkets is a well-regulated broker, providing a secure and transparent trading environment for its clients. It operates under the strict supervision of multiple regulatory bodies, ensuring a high level of investor protection. This makes it a reliable choice for individuals interested in forex trading.

Did RoboMarkets win any Awards?

RoboMarkets, a renowned player in the forex market, has been recognized with numerous awards for its exceptional services and offerings. The company’s commitment to creating favorable trading conditions for its clients and partners has been acknowledged by the professional community. In 2023, RoboMarkets was honored as the Best Stocks Broker (Europe) at the GF Awards - B2B. This award underscores the company’s excellence in providing access to a wide range of stocks for trading. In the same year, RoboMarkets was also named the Safest European Broker at the London Trader Show Awards. , reflecting the company’s commitment to ensuring a secure trading environment for its clients. In 2022, RoboMarkets received the Best Stock Trading App award at the Jordan Financial Expo & Award. This recognition highlights the company’s efforts in delivering a user-friendly and efficient mobile trading platform. The company was also awarded the Best MT5 Broker (Global) at the GF Awards - Retail. , demonstrating its expertise in offering the MetaTrader 5 platform, a popular choice among forex traders. RoboMarkets’ achievements extend beyond these recent awards. Over the years, the company has been recognized as the Best Broker (Europe), Best Indices Broker (Global), Best ECN Broker (Europe), and Best Value Broker (Global) among others. These awards serve as a testament to RoboMarkets’ continuous strive for development and its success in providing top-notch services in the forex market.

How do I get in Contact with RoboMarkets?

RoboMarkets, a prominent player in the forex market, offers several ways for clients and interested parties to get in touch. Headquarters in Cyprus RoboMarkets has its headquarters in Cyprus. The business address is 169-171 Arch. Makarios III Ave., floor 8, 3027, Limassol, Cyprus. The legal address is 4 Modestou Panteli, office 005, Mesa Geitonia, PC 4003, Limassol, Cyprus. Offices in Other Countries Apart from Cyprus, RoboMarkets has offices in other countries as well. In the Czech Republic, the tied agent is RoboMarkets CZ s.r.o., with the legal address at Korunni 2569/108, Vinohrady, 101 00, Prague. In Germany, technical support is provided by RoboMarkets Deutschland GmbH (ex. RBFX Consultant GmbH), located at Bleidenstraße 1, 60311 Frankfurt am Main. In Sweden, technical support is provided by RoboMarkets Nordic AB, c/o iOFFICE, Kungsgatan 37, 111 56 Stockholm. Customer Support RoboMarkets offers responsive customer support. Their Live Support multilingual specialists are ready to answer your questions Monday through Friday from 9.00 am to 6.00 pm ET. The contact number is +357 25 123275. Online Contact In addition to phone support, you can also contact the company’s staff through the online chat or the ticket system in your Members Area. These multiple channels of communication ensure that RoboMarkets maintains a high level of service and is able to promptly address any queries or concerns from its clients in the forex market.

Where are the Headquarters from RoboMarkets based?

RoboMarkets, a rapidly growing broker with over 8 years of experience in the industry, is headquartered in Limassol, Cyprus. The business address is 169-171 Arch. Makarios III Ave., floor 8, 3027, Limassol, Cyprus. The legal address is 4 Modestou Panteli, office 005, Mesa Geitonia, PC 4003, Limassol, Cyprus. Established in 2012, RoboMarkets received its license as a European broker in 2013. It is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license No. 191/13. The company has grown rapidly in the past years, providing professional services for institutional and retail clients from Europe. RoboMarkets is a multi-asset broker offering more than 3,000 instruments for trading. All clients receive access to professional trading platforms and cutting-edge proprietary technologies. RoboMarkets’ Live Support multilingual specialists are ready to answer your questions. RoboMarkets is registered as a legal investment firm in 29 European countries. The company is also a member of the Investment Compensation Fund of Cyprus. The purpose of the ICF is to provide insured clients of the companies registered in the CySEC with compensation payments, if these companies are unable to pay them themselves. In these cases, the compensation may be up to 20,000 euros.

What kind of Customer Support is offered by RoboMarkets?

RoboMarkets, a prominent player in the forex market, offers comprehensive customer support to cater to the diverse needs of its clients. The support system is designed to provide prompt and efficient service, ensuring a seamless trading experience for its users. Multilingual Live Support RoboMarkets has a team of multilingual specialists who are ready to answer queries from Monday through Friday, 9.00 am to 6.00 pm ET. This live support is available in multiple languages, making it accessible to a global clientele. Technical Support RoboMarkets provides technical support through various regional offices. These include RoboMarkets CZ s.r.o. in Prague, Czech Republic. , RoboMarkets Deutschland GmbH in Frankfurt, Germany. , and RoboMarkets Nordic AB in Stockholm, Sweden. These offices offer localized support, addressing technical issues specific to the region. Online Chat and Ticket System In addition to live support, clients can also reach out to the company’s staff through an online chat or a ticket system available in the Members Area. This ensures that all queries, whether technical or general, are addressed promptly. 24/7 Customer Support RoboMarkets extends its customer support services round the clock. The live support specialists are ready to answer questions in 11 languages at any time convenient for the client. This 24/7 support system underscores RoboMarkets’ commitment to providing uninterrupted service to its clients. In conclusion, RoboMarkets offers a robust and responsive customer support system. Its multilingual live support, regional technical support, online chat, ticket system, and 24/7 service ensure that clients receive timely assistance, enhancing their trading experience in the forex market.

Which Educational and Learning Materials are offered by RoboMarkets?

RoboMarkets, a European brokerage company established in 2013, offers a variety of educational and learning materials suitable for both new and experienced traders. These resources are designed to help traders navigate the financial markets, including the forex market, with confidence. One of the key educational offerings is the informative blog. This blog keeps traders updated on the latest events, strategies, and opportunities in trading. It serves as a valuable resource for traders to stay informed about market trends and trading techniques. Furthermore, RoboMarkets provides access to professional trading platforms and cutting-edge proprietary technologies. These platforms are equipped with a great deal of informative material, trading robots, and indicators. They offer traders the tools they need to make informed decisions in the forex market. RoboMarkets also offers multiple account types, each with their own specifications and conditions. Some accounts are best suited for experienced traders, while others are designed for those who are still learning the ropes. This flexibility allows traders at all levels to find an account that fits their needs and trading style. In conclusion, RoboMarkets’ educational and learning materials, combined with its diverse account offerings and advanced trading platforms, provide a comprehensive learning environment for forex traders. Whether you’re a seasoned trader or just starting out, RoboMarkets has resources to help you succeed in the forex market.

Can anyone join RoboMarkets?

RoboMarkets is a well-established online trading platform that offers a wide range of services for both institutional and retail clients from Europe. It is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license No. 191/13. This ensures that the platform operates under strict regulatory standards, providing a secure trading environment for its users. Eligibility to Join RoboMarkets. While RoboMarkets is accessible to a broad audience, it’s important to note that not everyone can join. The platform has certain requirements that potential clients must meet. These requirements are in place to ensure the safety and security of all parties involved, as well as to comply with financial regulations. One of the key requirements is that the client must reside in a country where RoboMarkets is legally allowed to operate. This typically includes countries within the European Union, as RoboMarkets is regulated by the CySEC. Professional Clients. RoboMarkets also offers services to professional clients. To qualify as a professional client, one must meet at least two of the following criteria. The size of the financial instrument portfolio, which includes both cash deposits and financial instruments, exceeds 500,000 EUR. . Conclusion. In conclusion, while RoboMarkets is a robust platform that offers a wide range of trading services, it’s not open to everyone. Potential clients must meet certain criteria and reside in a country where RoboMarkets is allowed to operate. For those who do qualify, RoboMarkets offers a secure and regulated platform for trading a variety of financial instruments.

Who should sign up with RoboMarkets?

RoboMarkets is a financial services provider that caters to a wide range of clients, from novices to experienced traders. Here are some key points to consider:. New Traders: RoboMarkets offers educational resources and account types tailored for those who are new to the industry. This makes it an ideal platform for beginners who are looking to understand the dynamics of forex trading. Experienced Traders: For seasoned traders, RoboMarkets provides accounts with more advanced features. These accounts are designed to meet the needs of experienced traders who require more sophisticated trading tools. Professional Clients: RoboMarkets extends welcome bonuses to professional clients who register for a real account. This could be an attractive feature for professional traders looking for additional benefits. EU Residents: RoboMarkets is designed to comply with investment rules in the European Union. Therefore, it is particularly suitable for individuals residing in the EU. Currency Options: RoboMarkets allows trading accounts to be based in several currencies including USD, EUR, CHF, GBP, and GOLD. This flexibility can be beneficial for traders dealing in these currencies. It’s important to note that while RoboMarkets offers a range of services, the suitability of these services depends on the individual’s trading goals, experience, and risk tolerance. As with any financial decision, potential clients should conduct thorough research and consider seeking advice from financial advisors before signing up.

Who should NOT sign up with RoboMarkets?

RoboMarkets is a well-regulated online forex broker that offers a wide range of trading instruments and platforms. However, it may not be suitable for everyone. Here are some categories of individuals who might want to reconsider signing up with RoboMarkets:. Beginner Traders: RoboMarkets does not offer a sign-up bonus for first-time sign-ups or beginner traders. This could be a deterrent for beginners who are looking for initial trading incentives. UK Residents: RoboMarkets has ceased its operations in the UK. They closed all live positions when they ceased UK activity and customers had to actively ‘chase’ getting their money out of their wallets as they blocked everyone from accessing their own accounts. This suggests that UK residents or those planning to move to the UK should avoid signing up. Individuals Seeking Exceptional Customer Service: There have been complaints about RoboMarkets’ customer service. Some users reported that the customer service communications were rude and arrogant. If top-notch customer service is a priority, one might want to consider other brokers. Individuals Averse to Fees: Some users have reported being charged for currency conversion and transaction fees. If you’re looking to avoid such costs, RoboMarkets might not be the best choice. . It’s important to note that while RoboMarkets has its drawbacks, it also has its strengths. It is regulated by the Cyprus Securities and Exchange Commission (CySEC), offers a variety of trading platforms, and has a wide range of trading instruments. Therefore, potential users should weigh these pros and cons before making a decision.

Does RoboMarkets offer Discounts, Coupons, or Promo Codes?

RoboMarkets, a renowned player in the Forex market, offers several promotional benefits to its clients. Free Withdrawal of Funds: RoboMarkets compensates the commission when clients withdraw funds on the first and third Tuesday of each month. This means clients can withdraw their funds without any commissions twice a month. Depositing into Trading Account Without Commission: When clients deposit into their trading accounts, the commission is always 0%. This promotional offer implies that RoboMarkets covers all expenses that may occur when clients deposit into their trading accounts. VPS-Server: RoboMarkets offers a remote trading server for seamless and quick access to trading. This service ensures 24/7 connection with the trading terminal via any mobile device. Automatic Withdrawal of Funds: At RoboMarkets, up to 85% of clients’ funds withdrawal requests are processed automatically. This service is available not only during working hours but also at night, weekends, and holidays. It’s important to note that the availability of these promotions may vary, and it’s always a good idea to check the official RoboMarkets website or contact their customer service for the most accurate and up-to-date information.

Which Account Types are offered by RoboMarkets?

RoboMarkets offers a variety of account types to cater to the diverse needs of traders. Here are the details:. Prime Account: This account type provides access to the global financial market on competitive conditions. It offers 28 CFDs on Forex, CFDs on Metals, CFDs on US stocks, CFDs on Indices, and CFDs on Oil. The minimum first deposit is 100 USD / 100 EUR / 100 GBP. ECN Account: Similar to the Prime account, the ECN account also offers 36 CFDs on Forex, CFDs on Metals, CFDs on US stocks, CFDs on Indices, and CFDs on Oil. The minimum first deposit is also 100 USD / 100 EUR / 100 GBP. R StocksTrader Account: This account type offers more than 12,000 trading instruments including Stocks, CFD on Stocks, CFDs on Indices, CFDs on Forex, CFDs on ETFs, CFDs on Oil, and CFDs on Metals. The minimum first deposit for this account type is 100 USD / 100 EUR / 100 GBP. ProCent Account: The ProCent account offers 36 CFDs on Forex and CFDs on Metals. The minimum first deposit is 100 USD / 100 EUR / 100 GBP. Pro Account: This account type offers 36 CFDs on Forex, CFDs on Metals, CFDs on US stocks, CFDs on Indices, and CFDs on Oil. The minimum first deposit is 100 USD / 100 EUR / 100 GBP. In addition to these, RoboMarkets also offers Islamic accounts, which are swap-free and risk-free. All these account types are supported on the MetaTrader 4 platform, including real and demo accounts. RoboMarkets also offers various demo account types, such as Demo Pro, Demo, and Demo R StocksTrader, which can be used on the MetaTrader 4, MetaTrader 5, and R StocksTrader platforms.

How to Open a RoboMarkets LIVE Account?

Opening a RoboMarkets LIVE account involves a series of steps that are designed to ensure a smooth and efficient trading experience. Here is a detailed guide:. Step 1: Register in the Members Area The first step to open a RoboMarkets LIVE account is to register in the Members Area. This is a crucial step before starting trading. Step 2: Choose a Trading Platform Before opening the first trading account, it’s important to choose the trading platform. RoboMarkets offers several options, each with its own features and benefits. Step 3: Choose a Base Currency It’s recommended to start trading on an account with one of the most popular currencies. After gaining trading experience, traders can choose the currency base account of their preference. Step 4: Complete the Registration Form Once the proper parameters of the first trading account have been decided, the next step is to open it by completing all the fields on the registration form. Step 5: Deposit Funds After registration, traders need to deposit funds into their account. This can be done by logging into the Members Area, going to Funds Management, choosing the payment system that is convenient, and performing a transaction. Step 6: Start Trading Once the account is funded, traders can start trading on the global financial market. RoboMarkets offers access to various trading instruments, including 36 CFDs on Forex, CFDs on Metals, CFDs on US stocks, CFDs on Indices, and CFDs on Oil. Remember, trading involves risk and it’s important to understand the market before starting to trade.

How to Open a RoboMarkets DEMO account?

Opening a RoboMarkets DEMO account is a straightforward process that allows potential traders to test out trading conditions without investing any real funds. Here’s a step-by-step guide:. Step 1: Visit the RoboMarkets Website Go to the RoboMarkets website. Look for the option to open a demo account. Step 2: Choose Account Type RoboMarkets offers various demo account types, such as Demo Pro, Demo, and Demo R StocksTrader. These can be used on the MetaTrader 4, MetaTrader 5, and R StocksTrader platforms. Step 3: Select Trading Instruments On demo accounts, you can trade various asset types. Forex, Stocks, Indices, ETFs, Soft Commodities, Energies, Metals are all available. Step 4: Register for a Demo Account Fill in the required information to register for a demo account. This typically includes your first name, last name, and email address. Step 5: Start Trading Once your demo account is set up, you can start trading. Use this opportunity to test your strategies effectively. Remember, trading on a Demo account using virtual money is a great opportunity to test out new strategies or EAs in real market conditions without risking your real funds. The trading parameters on RoboMarkets demo accounts are fully identical to those of real live accounts. Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Always ensure you understand these risks before trading.

How Are You Protected as a Client at RoboMarkets?

RoboMarkets, a renowned forex broker, provides several layers of protection to its clients. The primary protective measures include:. Negative Balance Protection: RoboMarkets has implemented a reliable system for automatic monitoring of clients’ obligations. This system ensures that if a client’s account balance goes into the red, RoboMarkets automatically resets it to zero. This means that clients will never lose more than what they have, even if markets move rapidly against their trades. Segregation of Client Funds: RoboMarkets ensures the separation of client funds in segregated accounts held with major banks. This measure protects clients’ funds from unauthorized use. Civil Liability Insurance Policy: RoboMarkets has taken additional measures to protect its liabilities to clients and other third parties through the Civil Liability Insurance Policy with a coverage of up to 2,500,000 EUR. Compensation Fund: The Fund provides insured clients of the companies licensed by CySEC with compensations of up to 20,000 EUR. . These protective measures provide a robust safety net for clients, ensuring that their investments are well-protected even in volatile market conditions.

Which Funding methods or Deposit Options are available at RoboMarkets?

RoboMarkets offers a variety of funding methods and deposit options for its clients. These options are designed to provide flexibility and convenience, catering to the diverse needs of its global clientele. Bank Payments:. Barclays Bank PLC: Allows deposits in USD, EUR, GBP with 0% fee. The processing time for deposits can take up to 5 bank days. Raiffeisen Bank: Allows deposits in EUR with 0% fee. The processing time for deposits can take up to 5 bank days. Fast Bank Transfer: Allows deposits in EUR with 0% fee. The processing time for deposits can take up to 5 bank days. Payment Systems:. iDEAL: Allows instant deposits in EUR with 0% fee. Sofort: Allows deposits in EUR with 0% fee. The processing time for deposits can take up to 5 bank days. Rapid Transfer: Allows instant deposits in EUR with 0% fee and 1% fee for withdrawals. Trustly: Allows instant deposits in EUR with 0% fee. Nordea Solo: Allows instant deposits in EUR with 0% fee. Multibanco: Allows instant deposits in EUR with 0% fee. GiroPay: Allows deposits in EUR with 0% fee. The processing time for deposits can take from 1 minute to 1 day. Przelewy24: Allows instant deposits in PLN with 0% fee. Electronic Payments:. PayPal: Allows instant deposits in EUR with 0% fee and 2% fee for withdrawals. Skrill: Allows instant deposits in USD, EUR with 0% fee and 1% fee for withdrawals. Neteller: Allows instant deposits in USD, EUR, MYR, IDR, AED, PLN with 0% fee and 1.9% fee for withdrawals. Bank Cards:. VISA/MasterCard: Allows instant deposits in USD, EUR, GBP, CHF, PLN, CZK with 0% fee and 2.4% fee for withdrawals. It’s important to note that RoboMarkets covers all expenses when clients deposit their trading accounts, the commission is always 0%. However, some methods may have fees for withdrawals. The processing time and limitations for deposits and withdrawals vary depending on the method chosen.

What is the Minimum Deposit Amount at RoboMarkets?

RoboMarkets, a renowned player in the forex trading industry, has set a clear and straightforward policy regarding the minimum deposit amount for its clients. The minimum amount for the first fund deposit for all types of accounts is 100 USD / EUR / GBP (or the equivalent in other currencies). This policy ensures that traders have enough capital to start their trading journey. Interestingly, RoboMarkets does not set any limits for the minimum deposit after the first fund deposit. This means that traders have the flexibility to deposit any amount they deem fit for their trading activities after making the initial deposit. This feature can be particularly beneficial for traders who prefer to adjust their trading capital based on their changing trading strategies and market conditions. It’s important to note that the minimum deposit amount might vary based on the trading account type selected. Therefore, traders are advised to review the specific requirements of their chosen account type. Furthermore, traders should be aware that the activation of the deposit can take up to 72 hours. In conclusion, while RoboMarkets requires a minimum deposit of 100 USD / EUR / GBP for the first fund deposit, it offers considerable flexibility for all subsequent deposits. This approach aligns with RoboMarkets’ commitment to providing a user-friendly and flexible trading environment for its clients.

Which Withdrawal methods are available at RoboMarkets?

RoboMarkets offers a variety of withdrawal methods to cater to the diverse needs of its clients. Here are some of the methods available:. Bank Payments: These include Barclays Bank PLC, Raiffeisen Bank, and Fast Bank Transfer. The processing time for these methods can take up to 5 bank days. Electronic Payments: PayPal, Skrill, and Neteller are among the electronic payment methods available. The processing time for these methods can range from an instant deposit to 1 day. Bank Cards: VISA/MasterCard are accepted. The processing time for these methods can range from an instant deposit to 10 bank days. Other Methods: These include iDEAL, Sofort, Rapid Transfer, Trustly, Nordea Solo, Multibanco, GiroPay, and Przelewy24. The processing time for these methods can range from an instant deposit to 5 bank days. It’s important to note that the fees and limitations associated with each method vary. For instance, while most methods do not charge a fee for depositing funds, some do charge a fee for withdrawals. Additionally, RoboMarkets covers all expenses when clients deposit into their trading accounts, and the commission is always 0%. RoboMarkets also offers a unique programme where traders can withdraw funds from their trading accounts without paying any commissions on the first and the third Tuesday of each calendar month. Please note that withdrawal requests are processed within 1 business day from 9.00 AM to 7.00 PM (EET). It’s recommended to check the specific details for each method on the RoboMarkets website to ensure it suits your needs.

Which Fees are charged by RoboMarkets?

RoboMarkets, a well-known Over-the-Counter (OTC) derivatives broker, offers a variety of services and has a fee structure that is generally considered to be below the industry average. Trading Fees. RoboMarkets does not charge any management fees for trades executed through their platform. This includes the purchase and sale of Forex, Majors, Indices, Energies, Metals, and Agriculturals. Stock Commissions. When trading with real stock assets (traded on NYSE or NASDAQ), the payable commission fee is at 0.02 USD per stock. However, there is a minimum commission amount of 1.5 USD. Other Fees. RoboMarkets compensates for all expenses incurred when using any payment system to deposit funds. They also offer free withdrawal of funds twice a month. However, there is a fee of 300 EUR per client for registration. It’s important to note that while RoboMarkets’ fees are generally lower than the industry average, the broker’s average execution speeds of over 200 milliseconds may be considered slow for high-frequency trading like scalping.

What can I trade with RoboMarkets?

RoboMarkets offers a wide range of trading options to its clients. Forex Trading RoboMarkets provides a robust platform for forex trading. The platform supports the most popular trading platforms in the industry, including MetaTrader 4, MetaTrader 5, and R StocksTrader. CFDs on Stocks Clients can trade more than 8,000 CFDs on stocks of the largest companies from Germany, the USA, and Switzerland. Real Shares In addition to CFDs, RoboMarkets also offers over 3,000 real shares of American companies. Trading Platforms RoboMarkets provides access to some of the most popular trading platforms in the industry, as well as their own developments. These include WebTrader, MobileTrader, TradingView, MetaTrader 4, and MetaTrader 5. Trading Conditions RoboMarkets provides comfortable conditions for trading. These include spreads for stocks from 0.01 USD, no commission for trading over 1,000 stocks, execution from 0.1 seconds, and more. Security RoboMarkets diligently follows the EU legislation, meeting actual requirements to secure your trading with them. They are a European regulated broker with CySEC license No. 191/13. Please note that trading involves risk and is not suitable for everyone. Always do your own research before making any investment decisions.

Which Trading Platforms are offered by RoboMarkets?

RoboMarkets offers a variety of trading platforms to cater to the diverse needs of traders. The platforms include:. MetaTrader 4 (MT4). : This is a classic trading terminal that is popular among retail investors. It includes all the necessary instruments for trading and a wide range of analytical opportunities. MT4 offers three types of order execution, 50 embedded indicators for technical analysis, and three types of interactive charts. MetaTrader 5 (MT5). : This is the latest version of MetaTrader with enhanced functionality. It offers a comprehensive tool for technical analysis and is suitable for both stocks and currency markets. R Trader. : This is RoboMarkets’ proprietary platform. It offers a unique trading robots builder, which requires no programming skills. R Trader is available as a webtrader only. TradingView. : This is a multi-platform charting platform and social network for traders. It provides access to the most powerful TradingView analysis tools like trading ideas, real-time data, and charts combined with RoboMarkets’ favorable conditions. Each platform offers unique features and tools to help traders make informed decisions. For example, MT4 and MT5 offer algorithmic trading, allowing traders to create, backtest, and run trading robots written in MQL4 programming language. On the other hand, R Trader offers a unique trading robots builder, which requires no programming skills. In addition to these platforms, RoboMarkets also offers several types of trading accounts based on the MetaTrader 4, MetaTrader 5, and R StocksTrader platforms. This allows traders to choose the account that is most suitable for them. It’s important to note that the choice of trading platform can significantly impact a trader’s experience and success. Therefore, traders should carefully consider their trading goals, strategies, and level of experience before choosing a platform.

Which Trading Instruments are offered by RoboMarkets?

RoboMarkets offers a wide range of financial instruments for trading. Here are some of the key trading instruments:. Stocks: RoboMarkets provides access to securities of the largest American companies, as well as CFDs on stocks of enterprises in the United Kingdom, Germany, the USA, and Switzerland. ETFs: An ETF is an asset pool comprising stocks, bonds, gold, etc. It is traded as a single stock. This instrument allows you to invest in global stock markets with minimum expenses. Commodities: Commodities such as coffee, sugar, cotton, and others have been in high demand in trading for several thousands of years, and are still very popular. Metals: Metals are key elements of the global financial system. Investments in gold and silver may help protect your assets from inflation. RoboMarkets offers more than 20 instruments for trading ETFs on aluminum, iridium, copper, nickel, platinum, and other metals. Energies: You can invest in heating oil, natural gas, ethanol, and oil; as well as trade ETFs and CFDs on popular energies. In addition to these, RoboMarkets also offers trading opportunities in over 12,000 instruments across various global markets including global shares and global indices. They also provide 24/7 access to more than 20 crypto instruments, including BTC, ETH, XRP, BNB, LTC, BCH, LUNA, and others.

Which Trading Servers are offered by RoboMarkets?

RoboMarkets, a renowned player in the forex trading industry, offers a variety of trading servers to cater to the diverse needs of its clients. The company has recently expanded its server offerings for the MetaTrader 4 platform, launching three new dedicated servers. These servers are designed to enhance the stability and performance of RoboMarkets’ trading operations. The new servers include RoboForex-Pro-5, RoboForex-ECN-3, and RoboForex-ProCent-8. Each server caters to a specific account type, namely Pro, ECN, and Cent. The Pro account is the most popular account type at RoboMarkets, offering optimal trading conditions for traders with different experience levels. It features a floating spread from 1.3 pips and more than 100 trading instruments. There is no commission for the trading volume. The ECN account is designed for experienced traders, combining tight spreads, high execution speed, and competitive trading conditions. It offers tight spreads from 0 pips and more than 100 trading instruments. The commission for the trading volume starts from 5 USD. The ProCent account is a special type of account with cents as the base currency. It is suitable for traders looking to test new trading strategies with small deposits. In addition to the MetaTrader 4 platform, RoboMarkets also offers servers for the MetaTrader 5 platform. The company has restructured its server infrastructure to improve trading conditions and expand the range of offered account types. The MT5-based accounts are available on the following servers: RoboForex-Pro (earlier RoboForex-MetaTrader5) and RoboForex-ECN. These enhancements to RoboMarkets’ server offerings reflect the company’s ongoing commitment to providing a superior trading experience for its clients.

Can I trade Crypto with RoboMarkets? Which crypto currencies are supported by RoboMarkets?

RoboMarkets, a company that provides investment services on European financial markets, offers the opportunity to trade Contracts for Difference (CFDs) on cryptocurrencies. This allows traders to speculate on the price movements of cryptocurrencies without the need to own the underlying assets. RoboMarkets supports trading on a variety of popular cryptocurrencies. These include: Bitcoin (BTC) Ethereum (ETH) Bitcoin Cash (BCH) Dash (DSH) Litecoin (LTC) Ripple (XRP) Algorand (ALGO) Avalanche (AVAX) Binance Coin (BNB) Terra (LUNA) Decentraland (MANA) Polygon (MATIC) Uniswap (UNI) . These cryptocurrencies can be traded 24/7 on platforms such as MetaTrader 4, MetaTrader 5, and R Trader. The Cyprus-based brand has been in operation since 2012 and has successfully launched its financial trading services in over 20 European nations. However, it’s important to note that RoboMarkets’ services are not available for customers in the USA, Canada, Australia, and New Zealand. When trading with RoboMarkets, traders can also benefit from other features such as excellent trading options on all of the biggest cryptos, easy ways to trade other assets like stocks, forex and indices, and 24/7 customer support in multiple languages. It’s always recommended to do thorough research and consider the risks before trading cryptocurrencies or any other financial instruments.

What is the Leverage on my RoboMarkets Trading Account?

Leverage is a key aspect of forex trading and is a type of financial tool that allows traders to increase their market exposure to a point that exceeds their initial investment. In the context of a RoboMarkets trading account, leverage operates as a ratio between the trader’s own funds and borrowed funds, which a trader borrows from their broker. For example, a leverage of 1:100 means that for a transaction, a trader must have a trading account with an amount that’s 100 times less than the sum of the transaction. To illustrate, if a trader chooses a 1:500 leverage and has 200 euros on their account, this leverage allows them to buy a contract worth 100,000 euros. RoboMarkets, a European broker, has been known to adjust the trading conditions for its ECN-Pro and Prime account holders. For instance, it was reported that the leverage for ECN-Pro accounts had been increased to 1:500 until the end of a particular year. However, it’s important to note that the maximum leverage allowed is only available for the broker’s professional clients. As an EU-regulated broker, RoboMarkets has ensured that leverage is capped at 1:30 for retail clients. This is in line with the regulations set by the European Securities and Markets Authority (ESMA) to protect retail traders from excessive risk. It’s also worth noting that traders have the option to adjust the leverage for their active account. This can be done in the “Live Account” section of the Members Area on the RoboMarkets platform. The leverage can be changed only if there are no open positions on the account. In conclusion, the leverage on a RoboMarkets trading account can vary depending on the type of account and the trader’s status (retail or professional). It’s always recommended for traders to understand the implications of leverage before engaging in forex trading, as it can significantly impact potential profits and losses.

What kind of Spreads are offered by RoboMarkets?

RoboMarkets offers a variety of spreads depending on the account type selected. Here are the details:. Prime Account: This account offers the tightest spreads available at RoboMarkets. The spreads are variable and start from 0 points. There is no commission for this account. The minimum deposit required is $100 USD. ECN Account: This account also offers variable spreads starting from 0 points. However, a commission is calculated according to the funds and account selected. The minimum deposit required is also $100 USD. R StocksTrader Account: This account offers spreads from 0.01 USD. There is no commission for this account. The minimum deposit required is $100 USD. ProCent Account: This account offers floating spreads from 1.3 points. There is no commission for this account. The minimum deposit required is $100 USD. Pro Account: This account offers floating spreads from 1.3 points. There is no commission for this account. The minimum deposit required is $100 USD. RoboMarkets’ commissions start from US Dollar 15 with variable spreads from 0.0 pips. RoboMarkets does not charge any deposit fees but withdrawal fees are applied to some payment methods. RoboMarkets does not waive any additional broker fees such as inactivity fees. RoboMarkets has a low and incredibly competitive spread when compared to what other brokers offer by offering a spread list that starts from 0.0 pips along with commissions of US Dollar 15 charged per 1 million base currency when using the Prime Account.

Does RoboMarkets offer MAM Accounts or PAMM Accounts?

RoboMarkets does offer MAM Accounts. The Multi Account Manager (MAM) Software provided by RoboMarkets allows for the management of multiple accounts located at the same trade server. This software enables the sending of an order to several accounts with a single click. The RoboMarkets MultiTerminal features simultaneous access to 10 demo and 128 real accounts. It also provides the ability to open positions on several accounts at the same time with a single mouse click. Furthermore, it offers 5 methods of distributing the order volume between accounts. However, there is no explicit information available about RoboMarkets offering PAMM Accounts. PAMM, or Percentage Allocation Management Module, is a system that allows investors to allocate funds to account managers, which can then be traded from one master account. This system is predominantly used in forex, providing investors with the opportunity to profit from trading, without needing to carry out technical analysis or take positions themselves. While some brokers do offer PAMM accounts. , there is no clear evidence that RoboMarkets is among them. Therefore, it would be advisable to directly contact RoboMarkets for the most accurate and up-to-date information regarding their account offerings.

Does RoboMarkets allow Expert Advisors?

RoboMarkets, a well-known online trading platform, does indeed support the use of Expert Advisors (EAs) for automated trading. An Expert Advisor is a special program that operates on a trading terminal connected to a broker’s server. It follows the trader’s instructions without their direct involvement. Since all tasks are performed automatically in the terminal, the program is also referred to as a Mechanical Trading System (MTS). The working scheme of an EA is straightforward. The trader adds an EA to a trading terminal connected to a broker’s server and sets up the EA. The robot then begins trading automatically according to the strategy preset by the trader. This automation makes trading on financial markets psychologically easier for traders. They do not have to make decisions every minute, and they do not need to conduct in-depth technical and fundamental analyses. All necessary calculations are already included in the program. EAs can be efficient and useful in several aspects of trading at once. Firstly, they help to quickly test any trading idea. Manual testing to obtain an objective result would take much more time, while iterating over the robot parameters allows traders to save test reports and see what a particular algorithmic trading strategy is capable of. This approach is relevant for scalping, where large volumes of transactions must take place on a small timeframe. An EA may also prevent the trader from incurring massive financial losses. Expert Advisors for MetaTrader 4, which is the most popular platform, are written in MQL4. This programming language has been developed specifically for working with automated systems. Programmers familiar with this language will be able to create an advisor easily, while ordinary users may have to spend more time and effort creating theirs. In conclusion, RoboMarkets does allow the use of Expert Advisors, providing traders with a tool to automate their trading strategies and potentially enhance their trading outcomes.