RoboForex is a well-regulated broker that offers leveraged CFD trading. It also offers four different bonus programs. You can also get professional advice from RoboForex’s support service. This RoboForex review will cover the positives and negatives of the platform. In addition, you’ll discover which bonuses and how much overnight fees the brokerage charges.
Roboforex Is A Well-Regulated Broker
The Financial Commission has approved RoboForex as a member of the IFCS, and the company has a number of reputable accreditations. In addition to being a member of the IFCS, RoboForex also has an Execution Quality Certificate from the Financial Commission and a two-step authentication system to protect customers. The broker also provides negative balance protection to its clients, which ensures they cannot lose more than their account balance.
The company offers multiple payment options, including bank cards and electronic payments. Most transactions are processed the same day, although some may take two to three business days. RoboForex also reimburses its clients for any commissions they are charged by third parties for deposits. Furthermore, RoboForex offers free withdrawals twice a month to its clients according to robo forex review.
It Offers Leveraged Cfds
RoboForex is a legit broker that has been regulated by CySEC and the International Financial Commission. Their trading platform offers leverage levels from 1:30 to 1:2,000 based on the regulatory requirements of the region in which the customer is located. The amount of leverage varies by asset class and jurisdiction. RoboForex provides its clients with multiple payment methods. Most transactions are processed within the same day, but some may take up to three business days. They also allow clients to make free withdrawals twice a month and compensate third party deposit commissions. The company provides a detailed list of available payment methods.
RoboForex offers more than 40 different currency pairs. Although not all of these are available to every customer, most of the currency pairs are profitable and highly liquid. There is also a free demo account that allows traders to get a feel for the market before investing in it.
It Offers Four Bonus Programs
The Robot forex is a great option for traders who are new to the forex market. Its user-friendly interface and powerful trading features make it an excellent choice for both novice and experienced traders. The robot can be used with a variety of currencies and supports multiple platforms, including MetaTrader 4 and 5. Users can also choose between micro accounts and regular accounts, which allows them to experiment with different strategies before making a full investment. There is also a money-back guarantee and full instructions provided by the company.
There are also many trading robots on the market. One of the most popular strategies is moving average crossover, which involves a robot buying an asset when a fast-moving average crosses above its slow-moving counterpart. Traders can make profits using this strategy, but their profits diminish as the trading volume increases. In addition, many traders have lost their entire accounts using free robots.
It Charges Overnight Fees
RoboForex offers four different types of CFD accounts. Each account has a minimum deposit amount of 10 USD. The commission-free account offers a spread of 1.3 pips, while the other three have a spread of 0.00 pips. Prime accounts, on the other hand, charge a commission of 4 USD. Roboforex provides all-inclusive trading services for both beginners and experienced traders. It offers a variety of account types, excellent educational materials, and competitive trading fees. It also offers clients a demo account and a large range of payment methods. You can use a demo account for free to evaluate the services offered by Roboforex before making a trade.
RoboForex is regulated by the Financial Services Commission in Belize. It lists its license number on its website. The FSC has assigned the company a Trust core of 94.
It Offers A Mobile Version
RoboForex offers a mobile version for traders to access its analytics center. This center offers a number of useful features such as flexible settings, market sentiment charts for each instrument, and popular technical indicators. Using this mobile platform is easy and convenient. It is also compatible with a variety of mobile devices.
RoboForex offers an array of payment options and eight asset classes. It also allows its traders to manage their accounts online. They can deposit funds, request withdrawals, and check the status of their withdrawal requests.
RoboForex offers mobile versions of its platform, as well as a mobile app. The app works with any smartphone or tablet. RoboForex is regulated by a tier-3 offshore regulator. The firm also has a civil liability insurance. The company also offers a variety of account types, trading platforms, and educational materials.