Types of RoboForex accounts, roboforex account types.

Roboforex account types


Robomarkets is only available in europe under the new regulation of june 2018, the best is to use roboforex as it is available in both europe and america and neglects roboforex and robomarkets belong to the same company and their characteristics are similar the only thing that changes is the entity that regulates them and this makes them work as two different brokers although they share the same administrative staff.

Real forex bonuses


Types of RoboForex accounts, roboforex account types.


Types of RoboForex accounts, roboforex account types.


Types of RoboForex accounts, roboforex account types.

As I said before the accounts were updated and even deleted some, now, the changes were as follows: (these account types apply to both roboforex and robomarkets). Remember that by the ESMA measures for residents of european countries the maximum leverage in any broker is restricted from 1:2 to 1:30 depending on the asset used for trading.


Types of roboforex accounts


At the beginning of 2018 the broker that was previously known as roboforex changed its name to robomarkets, although the interface remains practically the same. One of the improvements that this broker made after the update of his brand name was the update of the types of accounts he offers and in view of that I am making this entry, which will be very short and will address that specific point since some things changed among which are included the names of the accounts, the benefits they offer and their advantages.


Types of RoboForex accounts


Robomarkets is only available in europe under the new regulation of june 2018, the best is to use roboforex as it is available in both europe and america and neglects roboforex and robomarkets belong to the same company and their characteristics are similar the only thing that changes is the entity that regulates them and this makes them work as two different brokers although they share the same administrative staff.


What types of accounts does roboforex broker offer?


As I said before the accounts were updated and even deleted some, now, the changes were as follows: (these account types apply to both roboforex and robomarkets). Remember that by the ESMA measures for residents of european countries the maximum leverage in any broker is restricted from 1:2 to 1:30 depending on the asset used for trading.


Roboforex real accounts:


Pro-standard, pro-cent and ECN NDD:



  • Minimum deposit of 10 USD, EUR, CHF, GBP, GOLD.

  • It can be used with MT4, MT5, webtrader and MT4 platforms for mobile devices.

  • Their spreads are floating from 1.3 pips, and floating from 0 pips for the ecnpro NDD.

  • The ECN-pro NDD account charges fees of USD 20 per million dollars of market volume.

  • These accounts have extended quotes up to 5 digits after the comma.

  • The maximum leverage is defined by the broker according to the trader’s experience.

  • The minimum order volume in the market is 0.01 lots and for the pro-cent account 0.1 lots.

  • The maximum order volume in the market is 100 standard lots and for the ECN-pro NDD account is 50 standard lots.

  • The maximum number of positions in the market is unlimited, but in the case of the pro-cent account the maximum number of positions is 200.

  • The stop out for these accounts is 50%.

  • These accounts hold 36 currency pairs, precious metals and cfds.


Prime account



  • Minimum deposit of 10 USD, EUR, CHF, GBP, GOLD.

  • It can be used with MT4, MT5, webtrader and MT4 platforms for mobile devices.

  • Their spreads are floating and range from 0.0 pips.

  • Commissions of 15 USD are charged for every million dollars of stock market volume.

  • This account has extended quotes up to 5 digits after the comma.

  • The maximum leverage is defined by the broker according to the trader’s experience.

  • The minimum order volume in the market is 0.01 lots.

  • The maximum order volume in the market is 50 standard lots.

  • The stop out for this account is 100%.

  • This account has 28 currency pairs, precious metals and cfds. R trader account

  • Minimum deposit of 100 USD or EUR.

  • It can be used with MT4, MT5, webtrader and MT4 platforms for mobile devices.

  • The execution type is market ejecution.

  • Your spreads range from 0.01 USD.

  • The maximum leverage on this account is 1:20.

  • The minimum order volume on the market is 1 share.

  • The maximum order volume on the market is 2,000 shares.

  • The maximum number of positions in the market is unlimited.

  • The stop out for these accounts is 20%.

  • This account has more than 8,400 trading instruments.


Demo accounts


Demo pro and demo ECN-pro NDD



  • It can be used with MT4, MT5, webtrader and MT4 platforms for mobile devices.

  • Their spreads are floating from 1.3 pips, and floating from 0 pips for the ecnpro NDD.

  • The ECN-pro NDD demo account charges fees of USD 20 per million dollars of market volume.

  • These accounts have extended quotes up to 5 digits after the comma.

  • The maximum leverage is defined by the broker according to the trader’s experience.

  • The minimum order volume in the market is 0.01 lots.

  • The maximum order volume in the market is 100 standard lots and for the ECN-pro NDD demo account is 50 standard lots.

  • The maximum number of positions in the market is 200.

  • The stop out for these accounts is 50%.

  • These accounts hold 36 currency pairs, precious metals and cfds.


Conclusions about changes implemented in roboforex account types


Roboforex beyond having changed its brand name to roboforex not only satisfied with this and improved the characteristics of its accounts from the names of the same to the advantages and benefits offered by each of them and this is perfect because compared to previous accounts these offer more benefits to customers. The purpose of this entry is clearly to explain the features and updates of roboforex accounts, but if you want more information about the platform visit the entry roboforex forex and CFD broker.


You may also be interested:

My name is leonardo muñoz and I am the author of "tu blog de forex", here I give information of the best forex brokers and cfds. Know the best trading platforms you can use and the best strategies you must follow as an investor in any economic scenario. But first of all remember that trading carries a high risk of capital loss so you have to be careful because the return is not guaranteed.



Roboforex account types


In this article, we’ll discuss the roboforex account types including necessary pieces of information you should know before opening an account.


Founded in 2009, roboforex established itself as a well known financial broker for its access to a wide range of trading assets and multifunctional trading platforms. Headquartered in belize, the broker is authorized by IFSC (belize) and cysec (cyprus).


At present, roboforex is serving its service to more than 1,000,000 clients in 19 languages over 169 countries.


Roboforex accounts types


Roboforex offers 5 different types of trading accounts with a large variation in features and facilities for meeting every possible need of a trader.


RoboForex Account Types


The broker also provides demo account facilities for the traders interested to taste the live markets. With a roboforex trading account, you’ll be able to use MT4, MT5, ctrader, and its unique rtrader platforms.


1. Roboforex cent account


Also known as the roboforex pro-cent account, specially designed for the beginners. The key feature of the roboforex cent account is, it uses cents as the base currency. Therefore, it is an ideal forex trading account for those who want to start with small capital. Sometimes, experienced professionals also use this account to test their forex trading strategies.


Roboforex cent account allows you to trade 36 forex currency pairs, metals, and cryptocurrencies. The minimum deposit for a pro-cent account is $10 or €10. You’ll enjoy maximum leverage of 1:2000 including roboforex deposit bonus and loyalty bonus. Spread in cent accounts are in a floating mode starting from 1.3 pips.


2. Roboforex pro – standard account


The pro-standard is one of the most popular roboforex account types. One big reason behind its popularity is, its features are well balanced which suits both beginners and experienced traders. It means even if you start as a newbie with a pro-standard account, you can still raise your capital and expand your trading area without changing your account.


With a roboforex pro-standard account, you’re allowed to trade 36 forex currency pairs, metals, cfds on, cfds on indices, cfds on US stocks, and cryptocurrencies. The minimum deposit for a pro standard account is $10 or €10 and the leverage is allowed up to 1:2000.


Both roboforex cent and standard account offers the same floating spread which starts from 1.3 pips. The standard account is entitled to all types of roboforex deposit bonus and loyalty bonus offers.


3. Roboforex ECN account


The most attractive feature of the ECN account is its tighter spreads which start from as low as 0 pips. It also provides high-speed order executions.


The initial deposit requirement for a roboforex ECN account is only $10 or €10 which is pretty low compared to other competitive brokers providing ECN account facilities.


Moreover, as an ECN trader, you’ll get full access to all the top traded forex currency pairs, metals, cfds, stocks & cryptocurrencies. It includes a $20 commission charge per $1,000,000 traded.


The maximum leverage facility in this account is up to 1:500. Roboforex ECN is entitled to all sorts of loyalty bonuses but excludes the deposit bonuses.


The roboforex ECN account is specially designed for the professional. With the tightest spreads and instant execution facilities, the ECN account brings a perfect trading atmosphere for the experienced forex scalpers.


4. Roboforex prime account


The roboforex prime is a multi-functional trading account where you can use USD, EUR, RUB, and gold as your base currency. With this account, you can trade 28 forex currency pairs, metals, cryptocurrencies, and cfds on US stocks, indices & oil.


The prime account includes a commission of $15 charged per $1,000,000 traded. The spreads are floating from 0 pips and the price is quoted in 5 digits after the comma. The maximum leverage allowed in this account is 1:300 and the minimum deposit requirement is $10 or €10 only.


As a prime account trader, you’ll enjoy all kinds of loyalty bonuses provided by the broker excluding the deposit bonuses. You’ll also enjoy a 5% cashback or rebate based on the revenue earned by the broker from your trading activities.


Roboforex prime account doesn’t have any restriction over the number of opened positions and the maximum order volume allowed is 500 lots. This account is known as an ideal home for long-term experienced professionals.


5. Roboforex R trader account


It is a unique trading account that allows you to use the multi-asset web platform rtrader. You will have the access to all major financial markets from a single trading platform provided by the R trader account.


Here, you can trade over 12,000 indices, cryptocurrencies, real stocks, cfds on stocks, oil, metals, and all the forex currency pairs.


R trader uses floating spreads that start from as low as 0.01 USD and the maximum leverage offered is 1:300.


It doesn’t charge any commission on forex instruments but applies a trading commission on stocks, indices, and cryptocurrencies which starts from $0.25. Withdrawal from the R trader account is completely free.


The most interesting feature about the roboforex R trader is, its trading platform includes a “robot builder” so that you can create your own automated trading solutions. If you have a fascination over a wide range of trading assets including eas, R trader may suit your requirements.


Demo accountroboforex account types


The roboforex demo offers an excellent opportunity for traders who want to test their skills and trading strategies in the live markets without an expense.


The demo traders get access to a wide range of trading assets including forex currencies, metals, cryptocurrencies, and more. Anybody can open a roboforex demo account just by filling a simple form with your name and contacts.


On may 27th, 2019, roboforex officially announced the implementation of its MT4 demo ECN & pro account. The broker also confirmed that they are optimizing the operations of its other types of demo accounts.


Bottom line


Roboforex accounts are structured in a much user-friendly way. Both the terms and features are quite simple and easy to follow.


The experts behind the broker have well analyzed the natures and basic needs of the traders which directly reflects in their innovative account features.


Here, we’ve tried to explain each type of trading account provided by roboforex. We hope this guide will help you to find the right account for you.


Please let us know your thoughts or experiences about the roboforex account types in the comment section.


Types of RoboForex accounts, roboforex account types.


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Types of copyfx accounts


Copyfx offers traders and investors the opportunity to choose from several types of accounts. On this page, beginner traders can find the answer to the question: what type of account should I choose to open?


2 basic types of copyfx accounts


Cent accounts


The reasons why you should
open a cent copyfx account:



  • If you want or can afford to invest in trading or copying transactions only relatively small amounts of money.

  • You want to try trading in real market conditions or validate the conditions offered by copyfx against your expectations.



Standard accounts


The reasons why you should open
open a standard copyfx account:



  • You want to earn more money from trading and copying transactions.

  • You understand all the advantages of "market execution" mode.

  • You want to invest in one of the traders from rating, who trades on a standard account.



Unique opportunities for copyfx users


Copyfx allows investors and traders to expand opportunities for cooperation by means of the cross copying system. The system provides investors with the opportunity to subscribe to trader’s account even if their accounts are of different types.


You can read more about the conditions of subscription within the framework of the cross copying system on the corresponding page of our website.


Additional information


The comparison table of types of accounts, which are available for opening in copyfx, can be found on roboforex website.


Copyfx is convenient!


Copyfx is profitable!


Copyfx is transparent!


© roboforex, 2009-2021.
All rights reserved.


This website contains general information, which refers to the following companies:


Roboforex ltd is regulated by the IFSC, license 000138/107.


Robomarkets ltd (ex. Roboforex (CY) ltd) is regulated by the cysec, license no. Is 191/13.


The website is the property of robomarkets ltd.


Robomarkets ltd provides financial services only to the residents of the EU/EEA countries. Robomarkets ltd, roboforex ltd, and their affiliates don't work on the territory of the USA, canada, japan, australia, bonaire, curaçao, east timor, liberia, saipan, russia, sint eustatius, tahiti, turkey, guinea-bissau, micronesia, northern mariana islands, svalbard and jan mayen, south sudan, and other restricted countries. Roboforex ltd and its affiliates do not target EU/EEA clients.



Roboforex cent (micro) accounts


The best way to enter the world of real trading.



  • Minimum deposit - 10 USD

  • Minimum spread from 1.3 pips


open micro account



    36 currency pairs
    metals, cryptocurrencies market execution
    instant execution no commission deposits/withdrawals

Choose your roboforex cent account


The main distinctive feature of cent (micro) accounts is that they use 100x denominated monetary units of the base currency (US cent, EU cent, etc.), while the trading conditions are equal to those for standard accounts. Just deposit 10 USD to your cent account to get 1,000 US cents. As a result, this account types will be excellent not only for beginner traders, but for professionals as well, because it may help them to test new trading strategies or expert advisors in market conditions without any significant financial investments.


Trading platforms and terminals trading platforms and terminals
minimum deposit minimum deposit 10 USD / 10 EUR / 100 CNY
account currencies account currencies USD, EUR, GOLD, CNY
quotes quotes extended (5 digits after comma)
minimum order volume (lots) minimum order volume (lots) 0,1 for MT4, 0,01 for MT5
maximum order volume (lots) maximum order volume (lots) 10,000
maximum number of positions for MT4 accounts maximum number of positions 200
maximum number of open positions for MT5 accounts maximum number of open positions for MT5 accounts 1000
maximum number of active orders for MT5 accounts maximum number of active orders for MT5 accounts 500
minimum step volume minimum step volume 0,01
bonus programs bonus programs

More than 20 ways to deposit funds


Security of client's funds



Experienced racers with more than 60,000 off road kilometers in europe, africa, and australia under their belt.



A many-time thai boxing world champion, an experienced trainer, and an honored master of sports.


Roboforex ltd is an international broker regulated by the IFSC, license no. 000138/107, reg. Number 128.572.


Risk warning: there is a high level of risk involved when trading leveraged products such as forex/cfds. 58.42% of retail investor accounts lose money when trading cfds with this provider. You should not risk more than you can afford to lose, it is possible that you may lose the entire amount of your account balance. You should not trade or invest unless you fully understand the true extent of your exposure to the risk of loss. When trading or investing, you must always take into consideration the level of your experience. Copy-trading services imply additional risks to your investment due to nature of such products. If the risks involved seem unclear to you, please apply to an outside specialist for an independent advice. Roboforex ltd and it affiliates do not target EU/EEA clients. Roboforex ltd and it affiliates don't work on the territory of the USA, canada, japan, australia, bonaire, curaçao, east timor, liberia, saipan, russia, sint eustatius, tahiti, turkey, guinea-bissau, micronesia, northern mariana islands, svalbard and jan mayen, south sudan, and other restricted countries.


At roboforex, we understand that traders should focus all their efforts on trading and not worry about the appropriate level of safety of their capital. Therefore, the company took additional measures to ensure compliance with its obligations to the clients. We have implemented 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.


© roboforex, 2009-2021.
All rights reserved.



Roboforex review and tutorial 2021


Roboforex is a multi-asset online broker offering powerful trading aides.


Trade FX with high leverage levels.


Trade crypto coins against the USD and EUR.


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 company details


Founded in 2009, roboforex has headquarters in belize and is regulated by the international financial services commission (IFSC). The broker offers over 12,000 trading instruments in 8 asset classes, as well as 2 investment platforms and 4 trading platforms.


Roboforex has earned a good reputation over the years with 3 million live accounts opened since inception. The company has also made the news as the official partner of BMW M motorsport and has secured a sponsorship deal with muay thai fighter and world kickboxing champion, andrei kulebin.


Trading platforms


Metatrader 4


MT4 includes all the essential features a beginner or advanced trader would need, with 50 indicators for technical analysis, basic graphical tools, and 3 order execution types. Users can also program their own trading robots with strategyquant and take advantage of the one-click trading capability.


Types of RoboForex accounts, roboforex account types.
Roboforex MT4 platform


The platform is available as a downloadable desktop client or a convenient webtrader accessible straight from a browser.


Metatrader 5


Professional traders can take advantage of the cutting edge MT5 platform, which provides speed and reliability for advanced trading. The flexible system features netting and hedging capabilities, market depth, 4 types of order execution, 6 types of pending orders, and dozens of technical indicators and graphical tools.


Types of RoboForex accounts, roboforex account types.
Roboforex MT5 platform


Again, users can enjoy either the downloadable PC application or the web-browser version of the platform.


Ctrader


For experienced clients looking for an alternative to metatrader, the ctrader terminal is a sensible option. Users can access rare types of orders, level II pricing, plus 54 technical indicators on 14 timeframes and 9 types of charts. You can also create trading robots and indicators using ctrader automate.


Types of RoboForex accounts, roboforex account types.
Roboforex ctrader web platform


The platform can be downloaded or accessed straight from a browser. The web version is ideal for macos PC users.


R trader


The easy-to-use proprietary platform, R trader offers a classic design and convenient trading for those who wish to invest in global markets. Users can access 13 technical indicators, 9 graphical tools, level II market depth and an automated strategy tester. Netting and hedging account models are also supported.


Types of RoboForex accounts, roboforex account types.
Roboforex R trader platform


R trader is available both as a web-platform as well as a desktop application.


Roboforex assets


Clients can trade on 40+ currency pairs, over 12,000 global stocks, more than 10 indices, such as the dow jones (US30) and NASDAQ, 100 commodities, including oil, and etfs. The broker also offers 26 cryptocurrencies plus cryptoindicies, a unique product that allows for trading on several cryptos at once.


Overall, this review was impressed with roboforex’s depth of products in 2021. Note detailed contract specifications can be found on the broker’s website.


Spreads & commission


Pricing depends on the account you choose but spreads are fairly competitive vs brokers such as FBS and FXTM. Fees for the pro-cent and pro-standard accounts are included in the spreads, which average around 1.4 pips for EURUSD, 1.75 for US indices, and around 22 for XAUUSD (gold).


You will see tighter spreads with the prime and ECN accounts, with zero pip spreads available in some asset classes.


Leverage


The maximum leverage offered at roboforex is 1:2000 with pro-cent and pro-standard accounts. Leverage up to 1:500 is available with the ECN account while 1:300 leverage is offered with prime and R trader accounts.


A useful margin calculator is provided on the website.


Mobile apps


For mobile traders, roboforex offers smartphone apps for all their trading terminals (MT4, MT5, ctrader, and R trader):



  • Metatrader – MT4 and MT5 users enjoy the same technical features as desktop apps, including customisable charting tools, full trading history, and access to trading robots. The same members client login area is available on mobile platforms.

  • Ctrader – ctrader offers handy features including pinch-to-zoom, fling scrolling, and double-tap action to recentre charts, as well as in-app notifications.

  • R trader – R trader is also fully-featured and offers an all-in-one solution, with secure in-app account deposits and bonus management. The app offers 14 trading indicators, plus live charts and quotes, and additional mobile-friendly features.


Types of RoboForex accounts, roboforex account types.
Roboforex mobile trading


All platforms are available in 22 languages for both iphone and android (APK) users. Overall, users will find the most positive online reviews for the MT4 and MT5 mobile apps.


Payment methods


Deposits


There’s no shortage of funding methods at roboforex, with dozens of deposit methods in 9 different currencies, including USD, EUR, GBP and ZAR. International and local bank depositors are available, as well as card payments and e-wallets. Paypal is not accepted. All deposit methods are free and fast and most methods require a 10 USD/EUR minimum deposit with standard accounts.


Withdrawals


There are 13 withdrawal methods available, though this may vary depending on your jurisdiction. Withdrawal times for most methods are just 1 day, which is praised in customer reviews in 2021. Commissions for withdrawals vary but range from 0.5% to 2.8%. The group does offer a free funds withdrawal programme which allows you to withdraw funds twice a month with no commissions. Further details and restrictions can be found on the website.


Demo account


Roboforex offers a choice of three demo accounts, suitable on all platforms: demo pro, demo, and demo R trader.


The demo pro account is the most popular choice as it replicates the trading conditions of the standard account packages, with 1:2000 maximum leverage and floating spreads from 1.3 pips. Users can test trading strategies without spending or risking real money.


You can open a demo account from the broker’s homepage. The practice account is free to use and expires after 90 days.


Bonuses


Pro-cent and pro-standard new account users receive a welcome bonus of 30 USD after depositing a minimum of 10 USD via bank card. Cent and standard users can also benefit from the 60% profit share bonus, as well as up to 120% on deposits by claiming the classic bonus.


The broker also offers other promotions, including up to a 10% bonus credit on account balances, cashback rebates based on trading volume, daily competition opportunities with contestfx and a free VPS server. Full bonus withdrawal terms and conditions can be found on the broker’s website.


Roboforex currently does not offer any no deposit bonus (NDB) deals in 2021 but has previously offered weekly demo contests, so traders should check the website for upcoming promotions.


Regulation


Roboforex ltd is regulated by the international financial services commission (IFSC) of belize under license number 000138/107. As an “A” category member of the financial commission, roboforex ltd is a participant of the compensation fund, which provides protection up to €20,000 per case. The broker also holds civil liability insurance and provides negative balance protection. Overall, roboforex is a legitimate and safe online broker.


Additional features


Roboforex’s educational suite contains many useful resources for both casual traders and professional investors, including how-to guides, on-demand videos, forex analysis, plus a helpful community forum, blog and economic calendar.


Types of RoboForex accounts, roboforex account types.
Roboforex economic calendar


The most notable feature is the roboforex analytics centre, a free subscription to analytical data and trading instruments from within one window. Available in 13 languages, and offering an interactive data layout, users can gain access to signals, videos, calendars, and tools for traders.


Accounts


Roboforex offers 5 live account types: prime, ECN, R trader, pro-cent, and pro-standard. The minimum deposit is 10 USD/EUR for all accounts, except the R trader account, which requires a 100 USD deposit. These are refreshingly low minimum deposits compared to others, such as hotforex, tickmill and exness.


The ECN and prime accounts are ideal for professional traders looking for spreads from zero pips, whilst the R trader account supports multi-asset stock trading. Pro-cent and pro-standard accounts are designed for beginners and casual traders.


This review found that the main differences between the accounts are the minimum margin requirements, leverage limits, margin call/stop-out levels, and access to bonuses. All bonuses are available with the pro accounts, whilst no bonuses are available with the R trader account.


Islamic swap-free accounts are also available, as well as investment solutions using copyfx and RAMM platforms, supporting investment in both short-term and long-term trading strategies respectively.


You can open a real-money trading account from the roboforex homepage and start trading in live markets.


Benefits


Reasons to open a roboforex account include:



  • Bonuses offered

  • Decent range of assets

  • 4 live trading platforms

  • Commission-free trading

  • Copytrade investment platforms similar to zulutrade



Drawbacks


The only major drawback for registering with roboforex is:



  • US clients not accepted



Trading hours


Forex can be traded 24 hours a day, 5 days a week, however specific active trading sessions depend on the time zone. All times below are in UTC+2 (eastern european time, EET).



  • Japan & singapore – 02:00 – 10:00

  • Hong kong – 03:00 – 11:00

  • Frankfurt – 08:00 – 16:00

  • London – 09:00 – 17:00

  • New york – 15:00 – 23:00

  • Chicago – 16:00 – 24:00

  • New zealand & sydney – 22:00 – 06:00



Roboforex also posts useful trading schedule changes for national holidays.


Customer support


Roboforex offers multilingual support in over 12 languages including english, malaysian, indonesian, arabic, and spanish. Help is available 24 hours a day, 7 days a week via:



  • Email – info@roboforex.Com

  • Telephone number – +65 3158 8389

  • Online callback form – contact us page

  • Live chat, telegram, facebook messenger, skype, whatsapp, and viber – logos located in the bottom right-hand corner of the website



The customer support team can help with most queries, from how to delete an account and user verification to clarification on ECN commissions per lot and how to reset your investor password.


The head office address is 2118 guava street, belama phase 1, belize city, belize.


Security


All roboforex platforms use SSL encrypted security systems as well as dual-factor authentication protocols. Withdrawals and transfers can also be protected via an SMS confirmation code with each transaction. For their bonus programmes, the broker also has anti-fraud systems in place to protect against repeated transfers of funds.


Roboforex verdict


Roboforex is an established online broker offering a wide range of assets on reliable trading platforms, including MT4 and R trader. The broker is also regulated and provides negative balance protection, adding an extra layer of trust and security for traders. Overall roboforex is a good broker for all levels but their zero-spread ECN accounts and RAMM platforms will be particularly attractive to professional traders.


Accepted countries


Roboforex accepts traders from thailand, united kingdom, south africa, singapore, hong kong, india, france, germany, norway, sweden, italy, denmark, united arab emirates, saudi arabia, kuwait, luxembourg, qatar and most other countries.


Traders can not use roboforex from united states, canada, japan, australia.


Is roboforex a scam or not?


Roboforex ltd is a legit company registered in belize and regulated by the international financial services commission. As a result, it’s unlikely to be a scam. With that said, the broker does receive mixed reviews on websites such as trustpilot.


How do I open a roboforex account?


You can sign up for a real account by clicking open an account on the right-hand side of the website. You will then need to fill in your new member details to register your area login credentials. The verification stage will then complete the process.


How can I delete my roboforex account?


You can make your account inactive from within the members area. From the account section, change the status of the account you want to remove to ‘no’.


Does roboforex accept US clients?


No, traders from the USA cannot sign up for a live trading account. Clients from canada, japan and australia are also unable to register for a roboforex account.


Is roboforex a market maker?


For all cent accounts, roboforex serves as the market maker. For all standard and ECN accounts, the broker follows an STP model.



Roboforex-kontotyper


Oversigt over roboforex


Roboforex er en market maker, ECN, og STP-mægler baseret i belize, som har været i drift siden 2009 med streng regulering og tilladelse fra IFSC.


Roboforex er en multi-prisvindende online handelsmægler, der tilbyder handlende med konkurrencedygtige handelsbetingelser sammen med adgang til over 9.400 finansielle instrumenter, som er spredt over en række aktiver.


Der er taget højde for en række kraftfulde og fleksible handelsplatforme sammen med en række konti, der passer til handelsbehov, mål og forskellige handel stilarter af forskellige mæglere på trods af deres handel erfaring.


Roboforex gør brug af otte top tier-1 likviditetsudbydere, mere almindeligt kendt som LP’er i at tilbyde handlende med konkurrencedygtige handelsbetingelser, de strammeste spreads, hurtigste udførelseshastigheder og tilstrækkelig maksimal gearing på 1:2000.


Den handel erfaring, der tilbydes af roboforex er yderligere udvidet med udbud af metatrader4, metatrader5, R trader, og ctrader.


Roboforex-kontotyper


Roboforex giver fem hovedkonto typer, der hver har deres egne unikke handelsbetingelser og tjener det formål at give de erhvervsdrivende med en dynamisk handel erfaring og miljø sammen med at være bedste prissætning tidsplan.



  • Førsteklasses konto

  • ECN-konto

  • R trader-konto

  • Pro-cent-kontoog

  • Pro-standard konto.



Roboforex minimum konto funktioner


Førsteklasses konto


Denne kontotype er beregnet til mere avancerede forhandlere og tilbyder følgende funktioner:



  • Minimum indbetaling på $10/€€10.

  • Adgang til 28 forex par, metaller, CFD’er på amerikanske aktier, CFD’er på indekser, CFD’er på olie og kryptovalutaer.

  • Flydende spreads danner 0.0 pips.

  • Maksimal gearing op til 1:300.

  • Mindste ordrevolumen på 0.01 partier og højst 500.

  • Ingen begrænsninger på antallet af positioner.

  • Stop ud af 100%.

  • Cashback eller rabatter på 5% af provision.

  • Gratis fond tilbagetrækning.

  • Trading konto historie op til 1 år.



ECN-konto



  • Minimum indbetaling på $10/€€10.

  • Adgang til 36 forex par, metaller, CFD’er på amerikanske aktier, CFD’er på indekser, CFD’er på olie og kryptovalutaer.

  • Flydende spreads danner 0.0 pips.

  • Maksimal gearing op til 1:500.

  • Mindste ordrevolumen på 0,01 partier og højst 500.

  • Det maksimale antal ledige stillinger på MT5 er 1.000, og aktive ordrer er 500.

  • Stop ud af 40%.

  • Cashback eller rabatter på 15% af provisionen.

  • Gratis fond tilbagetrækning.

  • Trading konto historie op til 1 år.


R trader-konto



  • Minimum indbetaling på $100.

  • Adgang til mere end 12,000 indekser, kryptovalutaer, rigtige aktier, CFD’er på aktier, forex og ETF’er, CFD’er på olie og CFD’er på metaller.

  • Spreads fra $0.01 på amerikanske aktier, CFD’er på amerikanske aktier, 0.000 kerner på CFD’er på EU-aktier, 0.0 pips på cryptocurrencies, 0.0 pips på forex, og 0.5 pips på indekser.

  • Maksimal gearing op til 1:20 på amerikanske aktier med et depositum fra $10,000 depositum, 1:2 på amerikanske aktier, 1:20 på CFD’er på amerikanske aktier, 1:4 på CFD’er på EU-aktier, 1:1 eller 1:50 på kryptovalutaer, op til 1:300 på forex, og 1:100 på indekser.

  • Provisioner på $0.0045 per aktie på amerikanske aktier med et depositum fra $10,000 depositum, $0.02 per aktie på amerikanske aktier, $0.015 per aktie på CFD’er på amerikanske aktier, 0.07% på CFD’er på EU-aktier, 0.30% på cryptocurrencies, $15 per 1 million basisvaluta på forex, og variable provisioner på indekser.

  • Minimum provisioner på $0.25 på amerikanske aktier med et depositum fra $10,000, $.,5 på amerikanske aktier, og CFD’er på amerikanske aktier, €2.8 eller tilsvarende valuta på CFD’er på EU-aktier, $0.01 på cryptocurrencies, og $1 på indekser.

  • Ingen begrænsninger på antallet af positioner.

  • Stop ud af 20%.

  • Mulighed for at konvertere kontoen til en islamisk konto.

  • Gratis fond tilbagetrækning.


Pro-cent-konto



  • Minimum indbetaling på $10/€€10.

  • Adgang til 36 forex par, metaller og cryptocurrencies.

  • Flydende spreads danner 1.3 pips.

  • Maksimal gearing op til 1:2000.

  • Mindste ordrevolumen på 0.1 og højst 10,000 partier.

  • Maksimalt antal ledige positioner på 200 på MT4-konti, 1,000 på MT5-konti og 500 maksimale aktive ordrer på MT5-konti.

  • Stop ud af 10%.

  • Cashback eller rabatter på 1.5% af virksomhedens omsætning.

  • Gratis fond tilbagetrækning.

  • Mulighed for at konvertere kontoen til en islamisk konto.

  • Trading konto historie op til 1 måned.


Pro-standard konto



  • Minimum indbetaling på $10/€€10.

  • Adgang til 36 forex par, metaller, CFD’er på amerikanske aktier, CFD’er på indekser, CFD’er på olie og kryptovalutaer.

  • Flydende spreads danner 1.3 pips.

  • Maksimal gearing op til 1:2000.

  • Mindste ordrevolumen på 0.01 partier og højst 500.

  • Ingen begrænsninger på antallet af positioner på MT4-konti end 1.000 på MT5 sammen med maksimalt 500 aktive ordrer på MT5-konti.

  • Stop ud af 20%.

  • Cashback eller rabatter på 15% af provisionen.

  • Mulighed for at konvertere kontoen til en islamisk konto.

  • Gratis fond tilbagetrækning.

  • Trading konto historie op til 1 år.


Roboforex demo konto


Roboforex tilbyder handlende mulighed for at åbne en demo-konto, som kan udnyttes på forskellige måder, herunder, men ikke begrænset til følgende:



  • En praksis konto for nybegynder handlende, der ønsker at forbedre deres handel færdigheder og erfaring i et risikofrit miljø ved hjælp af virtuelle midler.

  • Erhvervsdrivende, der evaluerer og sammenligner mæglere, der gerne vil udforske roboforex’ handelsvilkår i et risikofrit miljø, og

  • Erhvervsdrivende, der ønsker at teste deres handelsstrategier i en efterlignet levende handel miljø uden at risikere deres kapital.



Roboforex islamiske konto


Formålet med en islamisk konto er, at den henvender sig specifikt til muslimske handlende, der nøje følger sharialoven. Loven forhindrer sine tilhængere i at betale nogen form for interesse, såsom dag-til-dag gebyrer, som ses som ødsel eller udnyttende.


Der opkræves dag-til-dag gebyrer, hvis de erhvervsdrivende holder positioner åbne i længere tid, efter at handelsdagen er afsluttet, og denne type konto tillader fritagelse for sådanne gebyrer eller renter, hvis de holder positioner åbne i længere tid.


Roboforex tilbyder mulighed for en islamisk konto på R trader, pro-cent og pro-standard konti. Der er ingen omtale af ekstra omkostninger på den islamiske konto, at handlende kan blive udsat for.


Du vil måske også være intertesseret i en islamisk roboforex konto


Roboforex fordele og ulemper


HURTIGT ROBOFOREX


HANDELSMILJØ


Hvor mange instrumenter kan jeg handle med roboforex??


Du kan handle med følgende instrumenter:



  • Forex

  • Råvarer

  • Kryptovaluta

  • CFD’er på aktier, aktier og indekser

  • Metaller og energier, og

  • Etf’er



Hvilke platforme understøttes af roboforex??


Metatrader 4, metatrader 5, R trader og ctrader.


Tilbyder roboforex gearing?


Ja. Roboforex tilbyder maksimal gearing på op til 1:2000.


Hvilke spreads kan jeg forvente med roboforex??


Spreder sig fra så lidt som 0.0 pips afhængigt af det finansielle instrument og kontotypen.


Er roboforex opkræve provision?


Provisioner på $0.0045 per aktie på amerikanske aktier med et depositum fra $10,000 depositum, $0.02 per aktie på amerikanske aktier, $0.015 per aktie på CFD’er på amerikanske aktier, 0.07% på CFD’er på EU-aktier, 0.30% på cryptocurrencies, $15 per 1 million basisvaluta på forex, og variable provisioner på indekser.


Er der yderligere gebyrer på den islamiskekonto?


Er roboforex reguleret?


Ja. Roboforex er reguleret af IFSC.


Er roboforex en anbefalet forex handelssystem mægler for eksperter og begyndere?


Ja. Roboforex henvender sig til både begyndere og eksperter.


Hvad er den samlede rating ud af 10 for roboforex??


KONTI


Hvad er forskellen mellem en demo og live handel konto?


En demo-konto er en risikofri konto, som er finansieret af virtuelle penge og giver de erhvervsdrivende mulighed for enten praksis handel, udforske mæglere, der tilbyder, eller test handel strategier i en efterlignet levende handel miljø.


Tilbyder roboforex en demo-konto?


Hvor længe er demo-kontoen gyldig?


Er roboforex tilbyde mulighed for en islamisk konto??


Ja. Muligheden for at konvertere en live handel konto er tilgængelig på R trader, pro-cent, og pro-standard konti


Hvilke live handelskonti tilbyder roboforex?


Roboforex tilbyder følgende handelskonti:



  • Førsteklasses konto

  • ECN-konto

  • R trader-konto

  • Pro-cent-konto og

  • Pro-standard konto.



Hvad er de tilgængelige indbetalingsvalutaer for en live handelskonto?



  • EUR

  • USD

  • PLN

  • CNY

  • MYR

  • IDR

  • AED, og meget mere.


IND- OG UDBETALINGER


Hvad er den mindste indbetaling for roboforex?


Hvordan foretager jeg en indbetaling og udbetaling med roboforex??



  • Kredit-/betalingskort

  • Bank wire

  • Lokal bank wire

  • China unionpay

  • Web money

  • Skrill

  • Neteller, og flere andre.


Opkræver roboforex udbetalingsgebyrer?



  • Udbetalingsgebyrer opkræves som et ekspeditionsgebyr på nogle betalingsmetoder. Gebyrerne ligger mellem 0.4 % og 4 % af udbetalingsbeløbet.



Hvor lang tid tager det at foretage en tilbagetrækning?


Dette vil afhænge af den metode, hvorigennem udbetalinger foretages sammen med den involverede proces, og generelt kan det tage mellem en og flere arbejdsdage.



Types of copyfx accounts


Copyfx offers traders and investors the opportunity to choose from several types of accounts. On this page, beginner traders can find the answer to the question: what type of account should I choose to open?


2 basic types of copyfx accounts


Cent accounts


The reasons why you should
open a cent copyfx account:



  • If you want or can afford to invest in trading or copying transactions only relatively small amounts of money.

  • You want to try trading in real market conditions or validate the conditions offered by copyfx against your expectations.



Standard accounts


The reasons why you should open
open a standard copyfx account:



  • You want to earn more money from trading and copying transactions.

  • You understand all the advantages of "market execution" mode.

  • You want to invest in one of the traders from rating, who trades on a standard account.



Unique opportunities for copyfx users


Copyfx allows investors and traders to expand opportunities for cooperation by means of the cross copying system. The system provides investors with the opportunity to subscribe to trader’s account even if their accounts are of different types.


You can read more about the conditions of subscription within the framework of the cross copying system on the corresponding page of our website.


Additional information


The comparison table of types of accounts, which are available for opening in copyfx, can be found on roboforex website.


Copyfx is convenient!


Copyfx is profitable!


Copyfx is transparent!


© roboforex, 2009-2021.
All rights reserved.


This website contains general information, which refers to the following companies:


Roboforex ltd is regulated by the IFSC, license 000138/107.


Robomarkets ltd (ex. Roboforex (CY) ltd) is regulated by the cysec, license no. Is 191/13.


The website is the property of robomarkets ltd.


Robomarkets ltd provides financial services only to the residents of the EU/EEA countries. Robomarkets ltd, roboforex ltd, and their affiliates don't work on the territory of the USA, canada, japan, australia, bonaire, curaçao, east timor, liberia, saipan, russia, sint eustatius, tahiti, turkey, guinea-bissau, micronesia, northern mariana islands, svalbard and jan mayen, south sudan, and other restricted countries. Roboforex ltd and its affiliates do not target EU/EEA clients.



Roboforex review and tutorial 2021


Roboforex is a multi-asset online broker offering powerful trading aides.


Trade FX with high leverage levels.


Trade crypto coins against the USD and EUR.


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 company details


Founded in 2009, roboforex has headquarters in belize and is regulated by the international financial services commission (IFSC). The broker offers over 12,000 trading instruments in 8 asset classes, as well as 2 investment platforms and 4 trading platforms.


Roboforex has earned a good reputation over the years with 3 million live accounts opened since inception. The company has also made the news as the official partner of BMW M motorsport and has secured a sponsorship deal with muay thai fighter and world kickboxing champion, andrei kulebin.


Trading platforms


Metatrader 4


MT4 includes all the essential features a beginner or advanced trader would need, with 50 indicators for technical analysis, basic graphical tools, and 3 order execution types. Users can also program their own trading robots with strategyquant and take advantage of the one-click trading capability.


Types of RoboForex accounts, roboforex account types.
Roboforex MT4 platform


The platform is available as a downloadable desktop client or a convenient webtrader accessible straight from a browser.


Metatrader 5


Professional traders can take advantage of the cutting edge MT5 platform, which provides speed and reliability for advanced trading. The flexible system features netting and hedging capabilities, market depth, 4 types of order execution, 6 types of pending orders, and dozens of technical indicators and graphical tools.


Types of RoboForex accounts, roboforex account types.
Roboforex MT5 platform


Again, users can enjoy either the downloadable PC application or the web-browser version of the platform.


Ctrader


For experienced clients looking for an alternative to metatrader, the ctrader terminal is a sensible option. Users can access rare types of orders, level II pricing, plus 54 technical indicators on 14 timeframes and 9 types of charts. You can also create trading robots and indicators using ctrader automate.


Types of RoboForex accounts, roboforex account types.
Roboforex ctrader web platform


The platform can be downloaded or accessed straight from a browser. The web version is ideal for macos PC users.


R trader


The easy-to-use proprietary platform, R trader offers a classic design and convenient trading for those who wish to invest in global markets. Users can access 13 technical indicators, 9 graphical tools, level II market depth and an automated strategy tester. Netting and hedging account models are also supported.


Types of RoboForex accounts, roboforex account types.
Roboforex R trader platform


R trader is available both as a web-platform as well as a desktop application.


Roboforex assets


Clients can trade on 40+ currency pairs, over 12,000 global stocks, more than 10 indices, such as the dow jones (US30) and NASDAQ, 100 commodities, including oil, and etfs. The broker also offers 26 cryptocurrencies plus cryptoindicies, a unique product that allows for trading on several cryptos at once.


Overall, this review was impressed with roboforex’s depth of products in 2021. Note detailed contract specifications can be found on the broker’s website.


Spreads & commission


Pricing depends on the account you choose but spreads are fairly competitive vs brokers such as FBS and FXTM. Fees for the pro-cent and pro-standard accounts are included in the spreads, which average around 1.4 pips for EURUSD, 1.75 for US indices, and around 22 for XAUUSD (gold).


You will see tighter spreads with the prime and ECN accounts, with zero pip spreads available in some asset classes.


Leverage


The maximum leverage offered at roboforex is 1:2000 with pro-cent and pro-standard accounts. Leverage up to 1:500 is available with the ECN account while 1:300 leverage is offered with prime and R trader accounts.


A useful margin calculator is provided on the website.


Mobile apps


For mobile traders, roboforex offers smartphone apps for all their trading terminals (MT4, MT5, ctrader, and R trader):



  • Metatrader – MT4 and MT5 users enjoy the same technical features as desktop apps, including customisable charting tools, full trading history, and access to trading robots. The same members client login area is available on mobile platforms.

  • Ctrader – ctrader offers handy features including pinch-to-zoom, fling scrolling, and double-tap action to recentre charts, as well as in-app notifications.

  • R trader – R trader is also fully-featured and offers an all-in-one solution, with secure in-app account deposits and bonus management. The app offers 14 trading indicators, plus live charts and quotes, and additional mobile-friendly features.


Types of RoboForex accounts, roboforex account types.
Roboforex mobile trading


All platforms are available in 22 languages for both iphone and android (APK) users. Overall, users will find the most positive online reviews for the MT4 and MT5 mobile apps.


Payment methods


Deposits


There’s no shortage of funding methods at roboforex, with dozens of deposit methods in 9 different currencies, including USD, EUR, GBP and ZAR. International and local bank depositors are available, as well as card payments and e-wallets. Paypal is not accepted. All deposit methods are free and fast and most methods require a 10 USD/EUR minimum deposit with standard accounts.


Withdrawals


There are 13 withdrawal methods available, though this may vary depending on your jurisdiction. Withdrawal times for most methods are just 1 day, which is praised in customer reviews in 2021. Commissions for withdrawals vary but range from 0.5% to 2.8%. The group does offer a free funds withdrawal programme which allows you to withdraw funds twice a month with no commissions. Further details and restrictions can be found on the website.


Demo account


Roboforex offers a choice of three demo accounts, suitable on all platforms: demo pro, demo, and demo R trader.


The demo pro account is the most popular choice as it replicates the trading conditions of the standard account packages, with 1:2000 maximum leverage and floating spreads from 1.3 pips. Users can test trading strategies without spending or risking real money.


You can open a demo account from the broker’s homepage. The practice account is free to use and expires after 90 days.


Bonuses


Pro-cent and pro-standard new account users receive a welcome bonus of 30 USD after depositing a minimum of 10 USD via bank card. Cent and standard users can also benefit from the 60% profit share bonus, as well as up to 120% on deposits by claiming the classic bonus.


The broker also offers other promotions, including up to a 10% bonus credit on account balances, cashback rebates based on trading volume, daily competition opportunities with contestfx and a free VPS server. Full bonus withdrawal terms and conditions can be found on the broker’s website.


Roboforex currently does not offer any no deposit bonus (NDB) deals in 2021 but has previously offered weekly demo contests, so traders should check the website for upcoming promotions.


Regulation


Roboforex ltd is regulated by the international financial services commission (IFSC) of belize under license number 000138/107. As an “A” category member of the financial commission, roboforex ltd is a participant of the compensation fund, which provides protection up to €20,000 per case. The broker also holds civil liability insurance and provides negative balance protection. Overall, roboforex is a legitimate and safe online broker.


Additional features


Roboforex’s educational suite contains many useful resources for both casual traders and professional investors, including how-to guides, on-demand videos, forex analysis, plus a helpful community forum, blog and economic calendar.


Types of RoboForex accounts, roboforex account types.
Roboforex economic calendar


The most notable feature is the roboforex analytics centre, a free subscription to analytical data and trading instruments from within one window. Available in 13 languages, and offering an interactive data layout, users can gain access to signals, videos, calendars, and tools for traders.


Accounts


Roboforex offers 5 live account types: prime, ECN, R trader, pro-cent, and pro-standard. The minimum deposit is 10 USD/EUR for all accounts, except the R trader account, which requires a 100 USD deposit. These are refreshingly low minimum deposits compared to others, such as hotforex, tickmill and exness.


The ECN and prime accounts are ideal for professional traders looking for spreads from zero pips, whilst the R trader account supports multi-asset stock trading. Pro-cent and pro-standard accounts are designed for beginners and casual traders.


This review found that the main differences between the accounts are the minimum margin requirements, leverage limits, margin call/stop-out levels, and access to bonuses. All bonuses are available with the pro accounts, whilst no bonuses are available with the R trader account.


Islamic swap-free accounts are also available, as well as investment solutions using copyfx and RAMM platforms, supporting investment in both short-term and long-term trading strategies respectively.


You can open a real-money trading account from the roboforex homepage and start trading in live markets.


Benefits


Reasons to open a roboforex account include:



  • Bonuses offered

  • Decent range of assets

  • 4 live trading platforms

  • Commission-free trading

  • Copytrade investment platforms similar to zulutrade



Drawbacks


The only major drawback for registering with roboforex is:



  • US clients not accepted



Trading hours


Forex can be traded 24 hours a day, 5 days a week, however specific active trading sessions depend on the time zone. All times below are in UTC+2 (eastern european time, EET).



  • Japan & singapore – 02:00 – 10:00

  • Hong kong – 03:00 – 11:00

  • Frankfurt – 08:00 – 16:00

  • London – 09:00 – 17:00

  • New york – 15:00 – 23:00

  • Chicago – 16:00 – 24:00

  • New zealand & sydney – 22:00 – 06:00



Roboforex also posts useful trading schedule changes for national holidays.


Customer support


Roboforex offers multilingual support in over 12 languages including english, malaysian, indonesian, arabic, and spanish. Help is available 24 hours a day, 7 days a week via:



  • Email – info@roboforex.Com

  • Telephone number – +65 3158 8389

  • Online callback form – contact us page

  • Live chat, telegram, facebook messenger, skype, whatsapp, and viber – logos located in the bottom right-hand corner of the website



The customer support team can help with most queries, from how to delete an account and user verification to clarification on ECN commissions per lot and how to reset your investor password.


The head office address is 2118 guava street, belama phase 1, belize city, belize.


Security


All roboforex platforms use SSL encrypted security systems as well as dual-factor authentication protocols. Withdrawals and transfers can also be protected via an SMS confirmation code with each transaction. For their bonus programmes, the broker also has anti-fraud systems in place to protect against repeated transfers of funds.


Roboforex verdict


Roboforex is an established online broker offering a wide range of assets on reliable trading platforms, including MT4 and R trader. The broker is also regulated and provides negative balance protection, adding an extra layer of trust and security for traders. Overall roboforex is a good broker for all levels but their zero-spread ECN accounts and RAMM platforms will be particularly attractive to professional traders.


Accepted countries


Roboforex accepts traders from thailand, united kingdom, south africa, singapore, hong kong, india, france, germany, norway, sweden, italy, denmark, united arab emirates, saudi arabia, kuwait, luxembourg, qatar and most other countries.


Traders can not use roboforex from united states, canada, japan, australia.


Is roboforex a scam or not?


Roboforex ltd is a legit company registered in belize and regulated by the international financial services commission. As a result, it’s unlikely to be a scam. With that said, the broker does receive mixed reviews on websites such as trustpilot.


How do I open a roboforex account?


You can sign up for a real account by clicking open an account on the right-hand side of the website. You will then need to fill in your new member details to register your area login credentials. The verification stage will then complete the process.


How can I delete my roboforex account?


You can make your account inactive from within the members area. From the account section, change the status of the account you want to remove to ‘no’.


Does roboforex accept US clients?


No, traders from the USA cannot sign up for a live trading account. Clients from canada, japan and australia are also unable to register for a roboforex account.


Is roboforex a market maker?


For all cent accounts, roboforex serves as the market maker. For all standard and ECN accounts, the broker follows an STP model.



Thread: what type of account to choose?


Thread tools


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What type of account to choose?


Beginner traders often have questions about types of accounts – what type to choose, with fixed or dynamic spread? Roboforex company has 2 types of cents accounts: fix-cent (with fixed spread) and pro-cent (with dynamic spread). Know more about it on the company’s website: http://www.Roboforex.Com/trade-condi. Account-types/


Features: fixed spread, 4 digits after decimal point, «instant execution⻠mode.


Instant execution allows to execute orders immediately. This type of execution allows to trade with fixed prices what means that order will be either executed by indicated prices or rejected (trader will get requote). This type of order is useful for traders who need certain prices for execution and don’t want to have «slippages⻠while execution. Disadvantage of this type of order: trader will be unable to enter his position in case of aggressive price action – he/she will get requotes in most trades. That’s why this type of account has 4 digits after decimal point (to avoid numerous requotes). Such accounts are convenient for beginner traders. But you should remember that if there are no requotes – there is no instant execution.


Features: dynamic spread, 5 digits after decimal point, «market execution⻠mode.


Market execution mode allows trader to have nearest best prices for his trade. Order will automatically match with best price for the given moment. This type of execution is used also on futures and stocks exchanges and other marketplaces. Traders, who traded before on «instant execution⻠will note that execution time will increase with «market execution⻠more and quotes will change much more rapidly (because of additional digit after decimal point). 10 pips on «pro-cent⻠wil be equal to 1 pip in «fix-cent⻠account. 5 digits are better for automatic execution when trader uses robots.
Now, when we know differences among «pro-cent⻠and «fix-cent⻠accounts, let’s see some documentation: http://www.Roboforex.Com/trading-accounts/documents/


For now, we can see release of trading conditions from august 13, 2013.


Let’s go to «general provisionsâ», I advice to pay some attention to point 6.6





so, let's see, what was the most valuable thing of this article: roboforex offers various types of accounts that can be adapted to the needs of any trader and in addition this broker is accessible to any trader... At roboforex account types

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