RoboForex Review 2025 Is RoboForex A Good Or Bad Broker?
RoboForex Review 2025 Is RoboForex A Good Or Bad Broker?
It’s important for Roboforex traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that Roboforex losses are limited to the funds available in your Roboforex account roboforex review when negative balance protection is in place. The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment. Many experienced traders who have been trading for years look for platforms that provide „One-click trading”.
- Consider traders who have at least a 6-month history of successful trading.
- Therefore, RoboForex Ltd restores the user account balance to 0 in certain instances.
- This comprehensive overview of market sentiment can greatly influence your understanding of specific instrument price movements.
- This platform has been in use by private traders for years and very much.
- You will notice that the broker has a vast collection of independent trading tools available which is great.
- This is a broker who wants to keep the money of the clients, I have withdrawn money from this broker for more than 1 month but it is not processed.
We tested the provider extensively with real money and were surprised by the good conditions. Mobile trading is becoming increasingly important in the era of digitization. Traders also want to be able to trade the market from Unterwegs. With Roboforex apps, you can easily open and close positions with your smartphone or tablet. Mobile Trading completes the broker’s portfolio and is another plus. RoboForex Ltd and its affiliates do not target EU/EEA/UK clients.
RoboForex platforms and tools
Here is what you can expect to find from Roboforex in this regard. Again, the account utilizes market execution and has a minimum trade size of 0.01 lots and a maximum of 500 lots. They also offer negative balance protection as standard and you will have access to a compensation fund of up to $20,000. The R Stocktrader account allows you to trade both stocks and forex along with CFDs in metals, CFD oil, and indices through the R StockTrader platform.
Leverage
What prevented it from scoring higher is the lack of alternative contract types to CFDs, such as vanilla options. The investment offering is massive, especially the stocks – there are thousands of shares available on the platform. However I would feel safer if the broker had better regulatory oversight. Also don’t expect a fast response from customer support, as live chat is really slow.
Platforms & Tools
The Roboforex R StocksTrader Watchlists come in handy when researching and monitoring the financial markets. You can see the Top Winning financial assets and the Top losing financial assets by class and asset type and build your custom watchlists. These R StocksTrader watchlists allow you to quickly watch certain groups of financial assets of your choosing. Say you have seen many trending social media or forum posts on particular financial assets. It’s good to quickly add them to your Roboforex R StocksTrader watchlist. The Roboforex R StocksTrader platforms allow modern traders to trade, Indices, CFD Stocks, CFD commodities, Forex and ETFs.
What is the minimum deposit for RoboForex?
There is a fully Shariah law compliant Islamic account available for the cent and standard MT4 based account types. The minimum deposit starts low at $100 and you will have access to top-quality tools to help you trade. You will find competitive spreads and commissions on stocks while you can also trade CFD stocks with the ECN and Prime accounts with a $20 and $15 per million commission respectively. The charges for withdrawals depend on the payment method selected. There are no inactivity fees when you take a break from trading.
Social and Copy Trading: Perfect Match
R Trader is designed for convenient trading and can be fully customised. There is an automated strategy builder for creating and testing trading strategies with historical data all the way back to 1970. We are delighted that you have chosen to trade with us, and we sincerely appreciate your positive feedback regarding your experience, particularly in regard to our customer support services. Your satisfaction is of utmost importance to us, and we are committed to continuously providing excellence in all aspects of our services.
- Each fee for itself isn’t a huge amount, but it can add up rather quickly, and it is good to know the broker isn’t the cheapest option available.
- To automate their trading tactics, traders might create their own EAs or employ pre-existing ones.
- Imagine if you lost your phone or your battery dies but you didn’t to close a trade.
- There are also forecasts and forex analysis available as well as a detailed economic calendar and noting of the forex market holidays in a neat table.
- In the ECN accounts, spreads on major pairs like EUR/USD are as low as 0.1 pips, comparing well with firms like Pepperstone.
- The mobile app is also quite functional, allowing for efficient trading on the go.
It is available for both desktop and web trading, and it also has a mobile app version. It participates in The Financial Commission and has issued civil liability insurance for up to EUR 2,500,000. The broker adheres to all essential safety requirements, such as keeping its client funds in segregated accounts and providing negative balance protection. Algo traders can use Expert Advisors (EAs) on the MetaTrader 4&5 platforms in order to automate their systems.
RoboForex stands out for its favorable prices and a choice of trading platforms, including MetaTrader 4, MetaTrader 5, and the broker’s proprietary R StocksTrader. It also offers copy and social trading solutions and impresses with the scope of its research and educational materials. RoboForex offers web platforms for MT4 and MT5, ensuring that traders can access their accounts and trade directly from their browsers without necessitating any software download or installation.