RoboMarkets has revealed a new brand operated by its BaFin-regulated subsidiary RoboMarkets Deutschland GMBH – RoboMarkets Pro, under which the brokerage will focus on professional traders.Reviewed Forex Broker: Robomarkets
Note: RoboMarkets is previously known as RoboForex. At the time of the review, RoboMarkets Ltd provided financial services only to the residents of the EU/EEA countries.
Established in 2013
Location: Promachon Eleftherias, 19, Limassol 4103, Cyprus. Other headquarters in Germany and Spain
Regulation: RoboMarkets Ltd is a European broker regulated by the CySEC, license No. 191/13.
Recent Awards received by the broker: Most Innovative Multi-Asset Broker 2018 by London Forex Show, Best Investment Products 2017 by London Forex Show
Trading Instruments: Forex, Stocks, Indices, ETFs, Soft Commodities, Energies, Metals, Cryptocurrencies including Bitcoin
Trading conditions
RoboMarkets provides its clients only with the most comfortable trading conditions.
- Low spreads from 0 pips
- Execution from 0.1 seconds
- 7 Account currencies – USD, EUR, GOLD, CHF, GBP, PLN, CZK
- Cent accounts with minimum lot size of 0.01
- 8 asset classes
- Expert advisors and scalping are enabled
VPS-server
Remote trading server is a seamless and quick access to trading for you and your Expert Advisor, as well as 24/7 connection with your terminal via any mobile device.
Negative Balance Protection
RoboMarkets will help you to protect your account from negative balance
There are situations, when the market volatility prevents clients from keeping their accounts balance in the black. In these cases, RoboMarkets resets their accounts balance to zero.
It happens automatically in cases the client’s account balance becomes negative.
Segregated Accounts in major banks
RoboMarkets keeps its clients’ funds separately from the Company’s funds, thus guaranteeing that they are protected from unlawful use and fraud.
Exclusive Trading Platforms and Technologies
RoboMarkets provides its clients with the proprietary trading platforms, developed by the Company with the consideration of the high demands of modern traders. Along with the industry-leading platforms they create a variety needed to succeed.
R WebTrader
Web-based proprietary platform developed specifically for RoboMarkets clients. Available in all browsers, both desktop and mobile.
R MobileTrader
Compact mobile application with the performance of a real desktop terminal. Supported both on Android and iOS devices.
R Trader
Multi-asset platform with high-functioning tools for technical analysis and the fastest financial charts in the industry.
R Trader strategies builder
Free and easy-to-use tool for the automatization of your trading, which doesn’t require any programming skills.
CopyFX
Investment platform, providing a convenient and straightforward way to copy trades.
RAMM
Unique investment platform with the possibility to control risks occurring while copying strategies.
Industry-leading Platforms
- MetaTrader 4The most popular platform for trading on the Forex market with a great deal of information materials, trading robots, and indicators.
- MetaTrader 5The latest version of MetaTrader platform with an opportunity to choose from netting and hedging systems.
Account Types
| Pro-Standard | Pro-Cent | ECN-Pro NDD | |
|---|---|---|---|
| Trading platforms and terminals | |||
| Account currency | USD, EUR, CHF, GBP, GOLD | USD, EUR, CHF, GBP, GOLD | USD, EUR, CHF, GBP, GOLD |
| Trading instruments | 36 currency pairs, Metals, CFD, Cryptocurrencies | 36 currency pairs, Metals | 36 currency pairs, Metals, CFD, Cryptocurrencies |
| The minimum first deposit | 100 USD / 100 EUR / 100 GBP | 100 USD / 100 EUR / 100 GBP | 100 USD / 100 EUR / 100 GBP |
| Commission for 1 million USD of trading volume | No | No | 20 USD |
| Execution type | Market Execution | Market Execution | Market Execution |
| Spread | floating from 1.3 points | floating from 1.3 points | floating from 0 points |
| Quotes | extended (5 digits after comma) | extended (5 digits after comma) | extended (5 digits after comma) |
| Maximum leverage | Determined during the registration on the basis of your experience and knowledge | ||
| Minimum order volume (lots) | 0.01 | 0.1 | 0.01 |
| Maximum order volume (lots) | 100 | 100 | 50 |
| Maximum number of positions | no limitations | 200 | no limitations |
| Minimum step volume | 0.01 | 0.01 | 0.01 |
| Stop Out | 50% | 50% | 50% |
| Free withdrawal of funds | Yes | Yes | Yes |
| Swap-Free account | Yes | Yes | No |
| One-Click Trading | Yes | Yes | Yes |
| Account history is stored | for 1 year | for 1 month | for 1 year |
Islamic accounts Swap free are available to investors of Islamic belief on Pro-Standard and Pro-Cent accounts.
Payment Options for Funding and Withdrawals
RoboMarkets doesn’t change commission fees for deposits.
Payment methods include: Skrill, Fasapay, Neteller, Credit Cards, Wire Transfer, Webmoney, QIWI wallet, EUteller, ePay.bg
Minimum deposit: $100
Customer Support
Broker ‘s representatives can be reached by email, phone, skype and feedback form on the website.
How was the rating of RoboMarkets performed compared to other brokers?
This 2023 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on RoboMarkets FX broker performance and features.
Overall our online RoboMarkets review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online RoboMarkets or you find inaccurate details RoboMarkets broker review please get in touch with us and the changes will be applied.
