RoboForex Review
Trading at the FX market is a risky enterprise, so you need a tried-and-true partner to help you through your way to financial well-being. RoboForex seems a good choice, but you should know the broker’s ins and outs before trusting them your money.
RoboForex essentials
RoboForex is a global broker belonging to RoboMarkets/RoboForex Group that appeared in remote 2009. This brokerage firm comes under the command of the Belize International Financial Services Commission. It also participates in The Financial Commission – a transnational authority designed to smooth over conflicts between brokers and their clients as well as protect traders and investors against brokers’ unfair practices.
Additionally, this firm holds membership in The Commission’s Compensation Fund, which means every client of RoboForex will be compensated up to €20000 in an accident of the broker’s inability to fulfill its obligations. What is more, RoboForex’s activities are regularly audited by Verify My Trade – an organization collaborating with the Financial Commission and checking the broker’s business processes in terms of complying with the stern rules of the Financial Commission.
Trading conditions
This operator offers a choice of nearly 9500 tradable elements which can be traded from mobile and desktop devices through the next trading and investment solutions, both proprietary and third-party:
- CopyFX
- RAMM
- cTrader
- MetaTrader 4
- MetaTrader 5
- R MobileTrader
- R Trader
- R WebTrader
As for the product assortment, the broker supports 40 Forex pairs, indices, ETF, stocks, precious metals, commodities, cryptocurrencies, and cryptoindices.
Obviously, RoboForex loves to spoil its clientele with a wide choice; otherwise, there would not be 7 types of accounts (including trial and Islamic Swap-Free) for users of different levels of experience and needs. Accounts can be opened in 7 currencies: EUR, CNY, USD, RUB, GOLD, BTC, ETH via over 20 banking methods.
As for generosity, the dealer is second-to-none: there is a ton of versatile promotions, special offers, and perks for both newbie and loyal clients to make trading with RoboForex even more effective:
- 30 USD welcome bonus
- Classic Bonus up to 115%
- Cashback
- Commission-free deposits and payouts
- MQL5 trading signals coupons
- Profit Share bonus
Additional info
Operating peculiarities:
- This operator ensures protection against negative balance
- Customers’ money are kept in segregated accounts
- The firm officially supports the Limassol Police football team and a dozen other projects
