Pros
  • Regulated
  • Very low trading fees
  • Wide choice of platforms
  • Versatile account types
Cons
  • Slow execution speed
  • Limited educational content

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: Cyprus. Other headquarters in Czech Republic, Sweden, Germany.

Operated by RoboMarkets Ltd

Regulation: Cyprus Securities and Exchange Commission (CySEC)

Awards: Best Stocks Broker (Europe) GF Awards – B2B 2023; Safest European Broker London Trader Show Awards 2023; Best Trading Conditions (Europe) World Economic Magazine Awards 2023

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.

Account Types

 Pro-StandardPro-CentECN-Pro NDD
Trading platforms and terminals   
Account currencyUSD, EUR, CHF, GBP, GOLDUSD, EUR, CHF, GBP, GOLDUSD, EUR, CHF, GBP, GOLD
Trading instruments36 currency pairs, Metals, CFD,
Cryptocurrencies
36 currency pairs, Metals36 currency pairs, Metals, CFD,
Cryptocurrencies
The minimum first deposit100 USD / 100 EUR / 100 GBP100 USD / 100 EUR / 100 GBP100 USD / 100 EUR / 100 GBP
Commission for 1 million USD
of trading volume
NoNo20 USD
Execution typeMarket ExecutionMarket ExecutionMarket Execution
Spreadfloating
from 1.3 points
floating
from 1.3 points
floating
from 0 points
Quotesextended
(5 digits after comma)
extended
(5 digits after comma)
extended
(5 digits after comma)
Maximum leverageDetermined during the registration on the basis of your experience and knowledge
Minimum order volume (lots)0.010.10.01
Maximum order volume (lots)10010050
Maximum number of positionsno limitations200no limitations
Minimum step volume0.010.010.01
Stop Out50%50%50%
Free withdrawal of fundsYesYesYes
Swap-Free accountYesYesNo
One-Click TradingYesYesYes
Account history is storedfor 1 yearfor 1 monthfor 1 year

Islamic accounts Swap free are available to investors of Islamic belief on Pro-Standard and Pro-Cent accounts.

Trading Platforms

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.

Metatrader 4 Platform

  • 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.

Payment Options for Funding and Withdrawals

Payment methods include: Skrill, Paypal, 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 2024 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. 

RoboMarkets Details

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