RoboForex Review
RoboForex has over 4.56 million clients from nearly 169 countries, and it has been the winner of several prestigious awards, including the “Most Trusted Broker” Award from International Business Magazine, the “Best Investment Products” Award by Global Brands Magazine, the “Best Mobile Trading App” by Global Forex Awards B2B, the “Most Transparent Broker” by World Economic Magazine, the “Best Affiliate Program” from Global Forex Awards Retail. To get more news about
fsc regulated forex brokers, you can visit wikifx.com official website.
Clearly, this broker is doing something right. One of RoboForex’s best features is its wide range of accounts, which cater to all levels of trader, from novice to old pro. The assets offered include indices, stocks, CFDs, commodities, metals, and ETFs. This broker does not charge commissions fees on its Pro account, which is its most popular.
Education-wise, RoboForex is ahead of the game. The market-maker has economic calendars and analytics centers, in addition to the myriad of resources that the MetaTrader suite provides. RoboForex is regulated by the Financial Services Commission (FSC) in Belize, a Civil Liability insurance program for a limit of 5,000,000 EUR, which includes market-leading coverage against omissions, fraud, errors, negligence, and other risks that may lead to financial losses of clients. Overall, RoboForex is an acclaimed broker with a lot of products, account types, and educational resources for its traders.
Who Is RoboForex Recommended For?
Judging from the educational resources offered, as well as the types of accounts, RoboForex is a platform that works for both new and advanced traders. For example, on its website, it includes instructions on how to get started trading, indicating that it can work for even total newbies. The demo accounts are available for all but the ECN account, which signals that RoboForex has no problem allowing new traders to practice before buying into the broker.
In addition to catering to new traders, RoboForex also has advanced accounts, such as the R StocksTrader and ECN Accounts, which it says are for “experienced” traders. By contrast, the Pro is “suitable for beginning and advanced” traders, as is the ProCent. Bottom line: don’t be afraid to try RoboForex, no matter your experience level.
Top RoboForex Features
Excellent Trading Conditions for Forex. When it comes to trading Forex, one of the top features at RoboForex is its trading conditions, which it describes as “unique.” RoboForex offers tight spreads, starting at 0 pips and low commissions (from $10 per $1 million trade volume). RoboForex also has fast order execution, thanks to its MetaTrader 4 and 5 platforms, which are the best a broker can offer. The best trading conditions can be found at RoboForex’s ECN, Prime, and R StocksTrader accounts.
Real Stock Investment. RoboForex provides traders access to a wide range of stocks. With this broker, you can choose from over 3,000 stocks listed on NASDAQ and the NYSE. The R StocksTrader platform is cutting edge, and traders will appreciate the low commission fees (from $0.0045 per share), spreads starting at 0.01, and huge variety of products from which to choose.
R Mobile Trader. R Mobile Trader lets you trade on the go. This app is compatible with iOS and Android, and it allows users to trade over one-hundred instruments. R Mobile Trader lets traders close and open positions on their MT4 account, deposit and withdraw funds, invest using CopyFX (the copy-trading RoboForex feature), monitor news, and perform other necessary functions, the same as they would on a desktop computer.
