RoboForex and FXChoice are two of the top brokers in the industry. Both offer competitive trading conditions, but they differ in terms of spreads, commissions, and payment methods. Most of the company account types listed above can be initially opened as demo accounts. This allows traders to explore and test the features of each account before deciding to fund a live account of that type.

• RoboForex supports both Windows and Mac desktop environments with applications that encapsulate full trading functionalities, technical analysis tools, and sophisticated charting options.
• This is something I have come to expect from all brokers nowadays.
• It also allows multiple payment methods, including bank transfers, debit/credit cards and digital wallets.
• To start the process of opening an account with Roboforex you can visit the Roboforex trading platform here.
• The marketplace that is built-in the platform has a good variety you can browse through.

RoboForex does not offer futures trading and therefore does not impose futures fees. Forex fees, especially on popular pairs, are kept tight and are among some of the more competitive in the market. Overall, this award-winning company is highly competitive and definitely worth exploring to determine if it meets your specific needs.

Trading Platforms

RoboForex had 2.9 stars out of 5 stars from its past and present users. Trustpilot is a trusted review website where people leave comments about their experiences with different software, companies, tools, and so on. More than one million comments are added every month on this platform from satisfied roboforex review and disgruntled customers. We went through TrustPilot to get reviews from people who have used RoboForex. RoboForex has a pretty solid customer support system that allows you to reach out to them with your complaints 24/7. Their customer service comprises different methods for reaching them.

It is regulated by the FSC in Belize, allowing it to provide trading services to traders in Belize and many other countries around the world. Another Redditor mentioned some of the good and bad sides of RoboForex in their review. According to the Redditor, the spreads were not good enough, and CopyFX, the social trading feature of RoboForex, was worthless.

This is useful for those who need to trade on the go from anywhere in the world. The web terminal does not require any software downloads or updates. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. After losing $1000, suddenly, all stop orders began to slip and bring a greater loss than you planned, and this is only with a volume of 0.01 lots, and imagine what will happen if the volume is greater. I set the stop exactly at above 11 points with a volume of 0.01 lots, and in the end the loss was 1.99 usd and such slippages occur constantly, which was not observed before.

It has an intuitive interface and many built in features and tools for convenient trading. There is a large online MetaTrader community where users share ideas, templates, indictors and automated systems. The MetaTrader marketplace has a number of expert advisors (EAs), indicators and signals to choose from. Millions of people worldwide use Android mobile devices and tablets, and Roboforex offers its clients access to the MetaTrader 4 platform on these devices.

There are other tools like the RoboForex Analytic Center, R Trader Strategy Builder, Trading Calculator, Economic Calendar, and VPS. RoboForex is an online broker providing trading assets on their Pro-Cent, Pro-Standard, and RAMM live accounts. The broker offers an impressive selection of platforms, including MT4 and MT5, which we explore in this review, along with regulation, bonuses and deposits. RoboForex is a well-established broker offering traders access to the world’s largest and most liquid markets.

Forex Fees

RoboForex is a great place to learn how to trade financial instruments, as they have some great educational resources for beginners and experienced traders. One of the easiest resources to access on RoboForex is the blog which they update with regular informative articles on trading and financial literacy. There are zero deposit fees when using any of the payment methods for your RoboForex account.

Our Opinion About RoboForex

There are also social media options for you to chat with them and leave comments on their posts for quick responses. The available social media platforms are Facebook, Twitter, Telegram, and Instagram. RoboForex has special applications on mobile devices for market analytics and real stock trading. They are known as “RoboForex Analytics” and “RoboMarkets Stocks Trader” respectively on app stores. Cryptocurrencies are decentralized digital currencies that are highly volatile in nature. If you have what it takes to trade in this highly volatile market, you can trade any of the 30+ cryptocurrencies offered by RoboForex with low spreads.

Available Assets at RoboForex

I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! RoboForex CopyFx is a passive investing option that includes linking an investor’s account to the account of a professional trader and then duplicating his trades. In this instance, all trades made by the trader are automatically deposited into the investor’s account.

The Roboforex MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give Roboforex traders detailed market tools. Brokerage firms like Roboforex may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the Roboforex trading account level held by the trader. From the moment of its foundation in 2009, RoboForex has always been focused on providing the best trading conditions using innovative technologies and many years of experience. They are an international broker who are very proud to provide a variety of services to clients, which are of the same quality for all, regardless their experience and amount of their investments. RoboForex is the international multi-asset broker of RoboMarkets who are the EU subsidiary.

RoboForex Fees, Spreads, and Commission

Trade executions are fast and reliable, ensuring I never miss out on profitable opportunities. The customer support team is responsive and helpful, assisting whenever needed. I have effectively diversified my portfolio with a wide range of trading instruments available, including currency pairs, commodities, indices, and cryptocurrencies.

Roboforex R StocksTrader Stop Orders and Limit Orders

This is a significant advantage for those looking for an automated approach to trading. We learned that RoboForex implements a 0% commission policy for deposits and many of withdrawals where all expenses are covered by the broker. RoboForex withdrawal options are good and include Bank Wire or Credit Cards. RoboForex minimum deposit is $10 for the live account of first grade – Pro-standard or Pro-cent.

Let’s look at some of the features of WebTrader, the proprietary trading platform of RoboForex. RoboForex charges both fees and commissions depending on the asset type. Also, traders will be required to pay some non-trading fees for taking certain actions. Besides lots of currency pair,
RoboForex also offers some instruments you would like to trade on, such as
Forex, CFD, Indexes and ETF for your best choice. Somehow, remember that different instrument
has different trading conditions.