Roboforex

RegulationRegulated by IFSC (Belize) 000138/437 and The Financial Commission 14.01.2014.

Trading softwareRstock Trader
MetaTrader5, MetaTrader4
Headquartered2118 Guava Street, Belama Phase 1, Belize City, Belize.

Established in 2009, RoboForex has experienced an extraordinary growth rate, as seen in 1,000,000 clients who entrusted their funds to RoboForex. It doesn’t stop there, the broker adds a layer of protection in the form of RoboForex category A membership with The Financial Commission operating outside Hong Kong. Clients will be protected by the Compensation Fund which secures deposits up to a maximum of €20,000.

RoboForex also bears the Verify My Trade (VMT) certificate, as well as negative balance protection which ensures clients can manage portfolios in a safe and competitive trading environment.

RoboForex also accepts payment through a surprising online gateway besides wire transfer and credit card. The alternative methods are Skrill, Neteller, UnionPay, Perfect Money, and other similar online payments.

After opening an account, traders can start with a minimum deposit as low as $10 in Pro Accounts. To specify, here is a short description of each type of accounts that traders can choose from in RoboForex:

Pro-Standard

  • Minimum Deposit: $10
  • Spread: from 1.3 points
  • Minimum order volume: 0.01
  • Leverage: up to 1:2000

ECN-Pro

  • Minimum Deposit: $10
  • Spread: from 0 points
  • Minimum order volume: 0.01
  • Leverage: up to 1:300

Prime

  • Minimum Deposit: $5,000
  • Spread: from 0 points
  • Minimum order volume: 0.01
  • Leverage: up to 1:100

Pro-Cent

  • Minimum Deposit: $10
  • Spread: from 1.3 points
  • Minimum order volume: 0.1
  • Leverage: up to 1:2000

R Trader

  • Minimum Deposit: $100
  • Spread: from $0.01
  • Minimum order volume: 1 stock
  • Leverage: up to 1:200 (during the trading session) and up to 1:4 (after the trading session)

The R Trader account signifies RoboForex’s attempt to distinguish forex and stock trading condition. It appears that the platform used in that particular account is RoboForex’s in-house product that is specifically designed for stock online trading.

The overall description above depicts RoboForex as a distinguished broker despite its status as an offshore-regulated entity. Not only successful in providing various trading technology, but RoboForex also focuses on stock trading for more conservative traders. However, it is also important to note that RoboForex is one of the few brokers that boldly offer an extremely high perimeter of leverage at 1:2000.

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