Facts and figures about RoboForex
The company was founded in the island state of Belize in 2009, by now, the quantity of clients has exceeded three million people. To some extent, this is a broker who seeks to make trading as automatic as possible. It offers several basic assets and trading assistants. For beginners, there is a welcome bonus of $30. Yes. And the reason for that is the leverage 1:2000 offered by the company, it is one of the best rates on the market, but one should consider the risks. Trading is done on currencies, stocks, commodities, crypto, in general, on absolutely all assets in demand among traders.
Deposit to your account is possible using both the classical ways, and through the set of money transfer systems such as Qiwi, Skrill, Webmoney, Umoney, Neteller.
The company is regulated by the IFSC. Despite the fact that the company supports automated trading, there is no copy-trading service, of exotic services, can be noted Islamic account (without swaps) and social trading. The spread system is varied and depends on the asset. For example, for oil it is 5.2, the average value for the currency – 2 points per lot, securities have a narrow spread of 0.1 point.
Among the assets available for trading there are twenty major crypto tokens, about 12000 stocks, ten indices and in terms of commodities, available are about a hundred assets.
As far as commissions are concerned, everything is transparent here and the rates are lower than the market average.
Pro-Cent and Pro-Standard rates have already been added to the spreads, which is convenient and does not require any additional calculations on the part of our clients. For PRIME and ECN rates it is allowed to decrease spreads and for some positions, they are completely absent.
Everything is more or less clear when it comes to deposit. Then to withdraw funds one will have to pay a commission which, depending on the method of withdrawal may reach 3 percent. The withdrawal itself is carried out within 24 hours.
RoboForex offers three demo accounts at once, which duplicate the basic ones, which is convenient. It is very probable that you won’t have to change your rates, as you are an active client. The company is generous with bonuses and promotions. The owners of CENT and Standard accounts get a bonus up to 60 percent of the traded amount, plus 120 percent on the deposit. As many discounts, promotions. A lot of discounts, credits, cash-backs, etc.
There are 5 accounts: Prime, ECN, R Trader, Pro-Cent and Pro-Standard. The company is bribed by its minimum deposits, on most trading accounts it is enough to deposit $10 to start full-fledged work. Of course, if the trader’s goal is to make money, it is impossible to do that with 10 dollars. However, this amount will allow you to assess the ease of opening trades, the speed of execution and the quality of customer service.. That, however, is not much. It is evident that the broker is trying to increase its client base. ECN and Prime accounts have very narrow spreads from zero points. Undoubtedly will be appreciated by most successful traders.
Support in different languages will help attract traders who do not speak basic English. The company has representatives from more than five countries. It is possible to leave your phone number for a callback which will save you time and money.
Data security is secured using SSL encryption and other protocols. It is possible to configure the confirmation of funds withdrawal from your account by SMS. Protection against double debit of funds is on.
RoboForex is an innovative company. It promotes automated trading, but on the other hand, it is ready to help each client to trade independently. Three demo accounts and a large number of bonuses and promotions are a pleasant surprise.