RoboForex was created in 2009 and is a BMW M Motorsport Official Partner. The International Financial Services Commission of Belize has authorized and licensed the broker, which offers segmented trading accounts with negative balance security.
They’re also a member of the Financial Commission’s Compensation Fund and offer Verify My Trade, which gives you access to implementation quality certifications.
Want more information about RoboForex, then keep on reading this article.
Features of RoboForex:
RoboForex has several trading features, including:
- Users can subscribe to good trading methods while also designing their own utilizing comprehensive risk analysis, lot calculators, and profit optimization techniques on the investment site.
- Individuals can copy other dealers and establish a network of traders and investors with CopyFX’s social trading features.
- RoboForex provides customer service in 14 languages, including English, Chinese, Malay, Thai, Arabic, Portuguese, Spanish, and others, 24 hours a day, 7 days a week. Customers can reach out to customer service via Online Chat, call, or mail.
- People with no coding skills can create their personal trading robot using the R Trader platform’s trading plan developer.
RoboForex provides the MT4 and MT5 trading platforms, and also the trader-favorite cTrader platform, and its own R Trader platform.
RoboForex MT4 Platform
The MT4 platform is well-known, and when enhanced with third-party programs, it can clearly distinguish out from the crowd. Hundreds of millions of traders throughout the world use the MT4 platform because of its algorithmic trading, extensive support, and back-testing options. Forex traders all over the world choose the MT4 platform.
RoboForex MT5 Platform
The MT5 platform is less prevalent than the MT4 platform because it does not support betting and loses backward compatibility. Even though this platform has been advertised as an update to the MT5 family, this is not the reality.
In the ECN market, the cTrader platform remains the most popular. It offers a high trading platform and enables automatic trading along with technical signal building.
Besides the three services we just discussed, RoboForex also offers R Trader, which gives you access to a wide range of commodities. The assets available on the other three platforms, particularly stocks, are restricted.
R Trader is a good choice for traders who don’t have a connection to automated trading platforms that require MT4 or cTrader. This platform provides a positive user experience as well as automated methods.
Register with RoboForex
If you’ve read this far, you’re undoubtedly keen on joining RoboForex. You can register an account fast and easily online. Photo identification and proof of residency will be required to authenticate your account. This is a routine procedure for opening an account, and once the documents are filed, everything will be safe.
RoboForex has six account categories, each of which can be funded in a local currency such as USD, EUR, RUB, CNY, GOLD, or BTC.
RoboForex spreads are tailored to the account size you utilize; the larger the account, the greater the spread provides.
Always add in the rollover or overnight fee, which is roughly -0.6 for short Eur/USD positions and -0.052 for long contracts sustained for more than a day.
RoboForex does not impose any hidden costs and has chosen to cover all fees and expenses associated with fund deposits.
RoboForex believes that traders should concentrate all of their energies on trading rather than worrying about the right amount of capital safety. As a result, the company took further steps to ensure that client’s commitments are fulfilled.