Roboforex Guide – Read Our 2022 Roboforex Review in Depth
RoboForex is a renowned online trading platform that provides one of the quickest trading platforms for stocks, indices, forex, commodities, ETFs, CFDs, and cryptocurrencies. RoboForex offers some of the most competitively tight spreads beginning at 0 pips and is renowned for its extremely rapid order execution when compared to many other prominent brokerages. RoboForex provides its traders with a variety of bonus programs and promotional offers, such as a 15 percent cashback offer. RoboForex provides negative balance protection and leveraged transactions with a maximum of 1:2000.
What exactly is Roboforex?
Roboforex was created in 2009 as a global online financial trading platform and multi-asset broker.
After more than 13 years, Roboforex has expanded to provide individual clients Forex and CFD trading.
Roboforex is a worldwide broker. Roboforex’s headquarters are located in Cyprus.
Finding a broker who matches your requirements when trading on the financial markets can be a time-consuming process.
In this Roboforex review, we will evaluate the Roboforex platform’s performance in 2022 as an international multiple financial asset trading platform for traders.
Frequently, it is necessary to browse and study numerous broker websites, all of which employ distinct linguistic styles. The language can be extremely perplexing. Selecting an online broker such as Roboforex can be challenging. For a novice, the initial obstacles may include what appears to be a complex mobile or online trading platform, difficult financial language, and unclear cost structures. In our Roboforex review, we list the advantages and cons. What Roboforex can offer, and which countries it is available in. Who regulates Roboforex, as well as more information.
RoboForex Services And Bonuses
RoboForex offers a variety of bonus programs, trading services, forex incentives, and other trading resources to make trading more accessible and convenient. We have created an exhaustive list of RoboForex bonuses and other promotional offers that you may be able to include into your trading tactics. *please be aware that the below RoboForex Bonus products and services are subject to change and that you must read the terms and conditions.
Up to 60% RoboForex Profit Share Bonus
Minimum deposit is 10 USD. RoboForex Bonus as much as $20,000 USD.
• RoboForex Classic up to 120% bonus
RoboForex offers bonuses of up to 20,000 USD. It can be utilized throughout the drawdown procedure. Make a minimum deposit of 10 dollars. When trading with your own funds, you are able to withdraw your earnings.
• RoboForex Rebates (Cashback) of up to 15%
RoboForex Cashback for trading volumes as little as 10 lots. Every confirmed customer has access to this service. Receive cash in the form of Cashback, which can be cashed out immediately.
• Up to 10% on account balance at RoboForex
The amount of trading is compensated beginning with one lot. You are free to depart at any time. A monthly percentage of your account balance is delivered to you on a recurring basis.
• Sponsored MT5 VPS
A non-local MetaQuotes server can connect to your MT5 account for free until December 31, 2022. Deposit $5,600 USD into your MT5 account, order the MetaQuotes VPS, and use it free of charge.
• 30 USD RoboForex Welcome Bonus
You can receive a welcome bonus of 30 USD if you are a RoboForex customer who has completed all verification processes. Join the offer and receive the necessary funds to begin trading for nothing.
• The VIP Roboforex customer program
As a RoboForex VIP client, you will receive more cash back and more account percentage points (Rebates). You must have more than $3,000 in your trading account with RoboForex.
• Free VPS Server
If you have sufficient funds in your RoboForex account to pay the cost of the VPS-server service, you may receive all of its benefits at no cost.
Having a trustworthy and competent broker is essential for online trading success. Ensure that your broker is not fraudulent or unreliable to protect your investment. In order to establish a fruitful working relationship with your broker, you must ensure that your needs match his or hers.
This is why we have taken the effort to evaluate only the top brokerage firms, their procedures, their fee structure, and all other relevant factors. We want you to research, assess, and entrust your hard-earned money to only the most trustworthy and competent brokers. We hope you find our Roboforex review to be informative.
This assessment of the Roboforex platform is extremely comprehensive. If you are interested in trading in any capacity with Roboforex, please read and analyze the entire Roboforex review.
We have endeavored to explain the intricacies of financial trading on the Roboforex platform as clearly as possible so that you, the trader, are as well-informed as possible prior to using the Roboforex trading tools and depositing and withdrawing cash from Roboforex.
Online investments might be just as dangerous as traditional investments. As with any investment, it is essential to investigate the organization with which you are dealing. When trading financial assets with Roboforex, including Forex and CFDs. You should have faith in Roboforex and know that your financial investments on the Roboforex platform are well managed.
At the end of this Roboforex review, you’ll also find information on several respectable Roboforex alternatives.
With our Roboforex review, we hope to assist you in determining whether or not Roboforex meets your needs.
It is a popular misconception that online trading is simple. Online trading is complex, and traders must conduct their own research and have a firm grasp of their activities. This article will provide you with crucial Roboforex information that will help you get off to a strong start in the world of online trading.
Roboforex is a Multiple-Asset Trading Platform with more than 100+ Assets.
Roboforex is a multi-asset platform with over 100 assets that may be traded. Roboforex’s accessible assets include Forex and CFDs.
Roboforex trades several sorts of financial assets. A financial asset is any actual or intangible security or asset with connected financial value. This indicates that Forex and CFDs are financial assets.
Aspects of Roboforex
• Virtual Portfolio, also referred to as a Demo Account
• API Trading
• StopLoss
• Following Stops
• TakeProfit Orders
• Roboforex provides Comparing Advanced Financial Charts
• Roboforex provides research-based market and investing analyses from leading analysts.
• The Roboforex platform is accessible on a variety of platforms, including Apple Mac PCs, iOS devices such as iPhones and iPads, and via a Web browser.
• Roboforex provides a user-friendly trading platform with capabilities for both novice and seasoned traders.
• Roboforex users benefit from the platform’s availability in over 13 languages
What you ought to know
Roboforex offers two trading options: Forex and CFDs. The assets and products you have access to on the Roboforex trading platform depend on your location and the company you have an account with.
With Roboforex, a $1 minimum deposit is required. Sign up for a demo account to become familiar with the Roboforex platform.
Roboforex is equipped to accommodate traders of all experience levels, from novice to expert.
Are Roboforex safe?
When selecting a broker like Roboforex, the broker’s administrative body and regulatory status are crucial. Brokers that execute transactions without regulatory oversight do so at their own discretion. Any invested capital is subject to danger.
Roboforex, which was founded in 2009 and has been operating for thirteen years, has its headquarters in Cyprus.
Roboforex is governed. The regulatory agencies of the Cyprus Securities and Exchange Commission (CySEC) supervise and monitor Roboforex’s conduct.
Due to the regulations enforced, it is improbable that regulated brokers will manipulate market pricing. When you request a withdrawal from Roboforex, your request will be honored. If Roboforex violates any regulatory requirements, they could lose their regulated status.
Are my funds secure with Roboforex?
Traders’ deposits to their Roboforex accounts are maintained in a separate bank account.
Roboforex uses tier-1 banks for extra protection. Tier 1 is the official indicator of a bank’s financial stability.
Why must Roboforex utilize Tier 1 banks?
Tier 1 banks are regarded as the safest and most secure in terms of client capital. Tier 1 is a word used to describe a bank’s financial strength. Tier 1 banks have substantial capital reserves and can often tolerate unforeseen losses.
What does it mean for your Roboforex funds to be deposited with a Tier 1 bank?
If you deposit money with Roboforex, your funds will be held in a bank with sufficient capital to meet your withdrawal requests even if Roboforex goes out of business.
We can therefore conclude that Roboforex is reasonably safe and secure.
Please aware, however, that it is possible to lose money when trading financial instruments. Accounts can lose money due to insufficient market research, lack of skill, or failure to utilize the tools given by the brokerage platform.
When dealing in financial investments, fast losses due to Forex and CFD trading are prevalent. You should only engage in trading if you are aware that your invested capital is always at risk due to market volatility. Roboforex’s platform also explicitly states that losses can exceed deposits.
Now that we’ve answered some crucial questions about Roboforex, we can proceed. Let’s examine the Roboforex features in further depth.
Consider creating two accounts when utilizing Roboforex. One account contains actual money, while the other is a practice account. The demo account serves as your testing account.
Roboforex Pluses and Minuses
What we particularly enjoy about Roboforex
• Utilized by more than 10,000 RoboForex traders and users
• Originating in 2009
• Subject to Cyprus Securities and Exchange Commission oversight (CySEC)
• Minimum deposit of $1
Negative aspects of Roboforex
• Not FCA Governed
Regulation and Licensing of Roboforex in greater detail
We’ve confirmed that Roboforex is regulated and monitored by respectable organizations. You are able to review each Roboforex regulation and oversight authority listed below. Regulation provides redress for those who experience problems with Roboforex. In the event that a broker falls insolvent, regulatory authorities protect traders via reimbursement systems that recoup client funds.
To maintain their licenses and continue operations in these jurisdictions, the brokerage firms must adhere to a variety of rules and criteria established by the regulatory authorities of each jurisdiction. The purpose of regulation is to safeguard Roboforex traders and create a more secure trading environment. Financial regulation and license approval is needed.
• Securities and Exchange Commission of Cyprus (CySEC)
Roboforex is governed, regulated, and monitored by respectable financial regulatory agencies. Regulatory organizations monitor the behavior of brokers and will take action if something goes wrong. Before engaging in online trading with a broker like Roboforex, you need confirm that they are a reputable online agency.
Is Roboforex Worldwide?
Yes, Roboforex is global, as it is accessible in more than 193 countries.
Roboforex is a global trading platform in that it works in 193 countries, including African, Asian, Oceanian, and European states. Roboforex primarily covers the United Kingdom, Germany, Australia, South Africa, Thailand, and China. Roboforex has more than 10,000 users in total. Roboforex produced commendable statistics.
Roboforex Prizes
During the thirteen years that Roboforex has been in business as a financial broker, it has garnered numerous industry accolades. Below is a collection of the most notable accolades and mentions for Roboforex.
• Best Global Forex 2019 Award winner
• Manchester Investor Show 2018 Winner for Best Cryptocurrency Broker
• London Investor Show 2018 Safest Broker
• IAFT’s 2016 Best ECN Broker
• Asia’s Most Rapidly Growing Forex Brand in 2014
• Best Standard Forex Broker Award in 2014
• Best ECN Broker Award in 2013
• Winner of the 2013 Best Forex News and Analysis Provider Award
• Winner of the 2013 Best Retail Forex Brand in Russia Award
• Award for Best Retail Forex Broker in 2013
• Winner of the 2013 Best Execution Broker in Eastern Europe Award
• 2012 Award for Fastest Growing ECN Broker in Eastern Europe
• Winner of the 2012 Best Forex Broker for Automated Trading Award
• Winner of the 2012 Best Broker for Forex Robots and Advisors Award
Roboforex Fees Explained
• Roboforex withdrawal costs vary by mode of payment
Roboforex does not charge inactive accounts a fee.
• Roboforex doesn’t impose deposit fees.
Brokers provide cutting-edge internet trading platforms, mobile trading applications, financial research tools, and educational materials. In order for a brokerage to maintain these services and generate income as a business. You must be aware of the numerous trading costs that brokers may charge clients, as they may effect your bottom line.
Roboforex Minimum Deposit
When opening a Roboforex account, a minimum deposit of 1 GBP/USD/EUR is required.
A minimum deposit is the minimum amount required by Roboforex in order to start a new online brokerage account.
Opening a trading account with Roboforex requires a minimum deposit, but this should not deter you. Brokers with higher minimum deposits typically offer premium services on their platforms that are not free on other platforms.
In general, brokers with smaller minimum deposits cater to a more broad clientele that does not require certain advanced features and research tools.
Brokers who do not require minimum deposits typically do so to attract new clients. They must generate returns in some way, therefore transaction commissions and other trading fees may be greater for accounts with a small minimum deposit.
Brokers requiring a higher minimum deposit typically provide a broader selection of trading features on their platforms. Frequently, these brokers provide more comprehensive technical analysis and research tools, as well as enhanced risk management capabilities.
As an increasing number of online trading platforms have joined the market, the minimum amount required to create a live trading account has decreased as brokers compete for new customers.
Depending on the type of trading account you choose, some brokers have a minimum deposit requirement of up to 6,500 GBP/USD. Certain brokers can go up to 10,000 GBP/USD.
The Roboforex Withdrawal Charges
Roboforex withdrawal costs vary based on the withdrawal method you choose.
Each broker has its own withdrawal policies about how funds can be withdrawn from trading accounts.
This is due to the fact that each brokerage business will have different withdrawal methods, and each payment provider may have varying transfer processing fees, processing delays, and currency conversion expenses. The conversion charge depends on your base currency, the destination currency, and your payment provider.
Roboforex, for instance, allows withdrawals to Credit cards, VISA, MasterCard, JCB, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Perfect Money, AdvCash, Bitcoin, WebMoney, BPAY, China UnionPay, FasaPay, CashU, QIWI, Yandex Money, WeChat Pay, ecoPayZ, AstroPay, Sofort, Giropay, Wepay, iDEAL
Fees for Roboforex Inactivity
Roboforex does not charge inactive accounts any fees.
Account inactivity fees are fees levied to clients of authorized brokerage firms.
In accordance with the terms and conditions of their accounts, brokers may impose specific trading activity requirements on their clients.
If a client’s trading account is inactive for a length of time determined by the broker, an inactivity fee may be charged.
Inactive account fees are not exclusive to online trading accounts. Numerous financial service providers may assess inactivity fees. Please review the broker’s website and confirm that you are aware of and agree with any fees and services you may be charged.
If you are no longer utilizing your trading account, contact your broker’s customer service to close it. And ensure you have documentation that there are no outstanding fees.
Depending on the type of account you have, an inactivity fee may only be assessed under specific conditions. As part of their regulatory obligations, brokers must explicitly disclose any inactivity costs.
Some brokerage firms may levy inactivity fees as compensation for retaining your account on their costly trading platforms, in an effort to recoup money lost from commission fees from your lack of trading.
Deposit Costs for RoboForex
Roboforex does not impose deposit fees. However, bank or third-party merchant fees can apply.
When depositing funds from your payment method into your trading account, some brokers may impose a fee. This is due to the fact that the payment method you select to fund your account may include a cost.
When you deposit a specific fiat currency into your account, the cost may be fixed. For instance, depositing payments using a credit card is known to incur significant costs. This is the case if your broker accepts credit card deposits.
Commission Fees for RoboForex
Commission is not charged by Roboforex on CFD instruments.
A commission fee may be charged by a broker for enabling the purchase and sale of financial assets through your trading account.
The majority of a brokerage’s revenue may come from charging commission fees to registered traders on client transactions.
Commission fees might vary based on the type of transaction, the type of financial asset, and the account tier.
If the brokerage executes, cancels, or alters an order on your behalf, the broker will charge a commission.
Typically, if a market order is not executed by your broker, no commission is charged.
Be advised that if you modify or cancel your transaction, your broker may incur a commission fee.
What commodities can be traded with Roboforex?
Due to regulatory restrictions, different organizations under the Roboforex Brand provide different trading instruments. Trading instruments may vary based on the Client’s place of residence and the organization holding the customer account. In addition, the trading instruments provided by Roboforex may differ based on the trading platform you select.
With Roboforex, you can trade a vast array of instruments, over 100 in total.
Roboforex provides over 35 currency pairings if you are seeking Forex brokers to trade currency pairs on worldwide Forex marketplaces.
Below, we contrast Roboforex with IC Markets and eToro.
Trading on Roboforex web platforms and other
Roboforex is one of the few brokers to offer both the MT4 and MT5 MetaTrader platforms. To examine how the two platforms compare, please view our MT4 vs. MT5 comparison.
Roboforex is one of the few brokers that offer the trader-developed cTrader platform. Consult our comparison of MT4 brokers for a listing of forex brokers that offer the cTrader platform.
A native iOS or Android app for Roboforex on your smartphone or tablet will perform faster than the Avatrade website on the same device.
Roboforex also offers mobile applications for Android and iOS, making it easy to monitor and execute transactions on the go.
Check out Roboforex’s platforms
Is the Roboforex Platform Safe?
Roboforex protects its clients’ personal information with SSL encryption on its PC and mobile platforms. Roboforex also recommends on its web platform that users always seek for the SSL security symbol (a locked padlock) before using Roboforex.
Options on the Roboforex Trading Platform
After logging into your Roboforex account, the following trading platform options will be displayed.
• CopyFX by RoboForex
• Roboforex R StocksTrader
• MetaTrader 4 (MT4)
• MetaTrader 5 (MT5)
• cTrader
Let’s examine in depth each of these trading platforms and the alternatives Roboforex provides.
CopyFX Forex Robot
RoboForex CopyFX Platform for Trading Copy trading, often known as social trading, has experienced tremendous growth over the past year.
RoboForex released the CopyFX trading platform after listening to what its customers wanted.
The RoboForex CopyFX platform enables traders to observe, duplicate, and follow the Forex trades of more experienced traders who can demonstrate a history of profitable trading to other RoboForex CopyFX community members.
The RoboForex CopyFX trading platform features an extensive online community of thousands of registered traders from all around the world who are willing to duplicate trades.
To open a RoboForex CopyFX account, traders first register with RoboForex and visit the RoboForex.com website’s members accounts section. You will find a link to create a RoboForex CopyFX Trader account on this page. The MT4 trading platform is the foundation of the CopyFX platform.
RoboForex CopyFX Trading with Leverage
When creating your RoboForex CopyFX account, you can choose from a variety of trading leverage choices. CopyFX offers leverage ratios of 1:2000, 1:1000, 1:500, 1:400, 1:300, 1:200, 1:100, 1:50, 1:30, 1:25, 1:20, 1:15, 1:10, 1:5, and 1:1.
To explain what this leverage entails, if a trader uses a leverage of 1:500 and deposits 100 USD, he or she is allowed to trade up to the value of 50,000 USD. Understand that the use of leverage carries a high risk of loss and is intended only for experienced traders.
Selecting a CopyFX Trader from RoboForex
Rating for RoboForex CopyFX Trader
Comparing RoboForex CopyFX traders by rating and profit indication is possible. CopyFX traders with a history of great profitability are generally associated with increased risk, therefore all data must be evaluated to determine if it aligns with your investing strategy. Traders with a reduced risk profile and a greater degree of moderation are frequently preferable.
RoboForex CopyFX Trader Trading Duration
The CopyFX platform allows you to view a CopyFX trader’s trading duration and number of trading days. The amount of time a CopyFX trader has been trading profitably without incurring losses is a key factor to consider when selecting a CopyFX trader.
Comparable to your own market study. You must search for consistency in a CopyFX trader. Only evaluate traders with a six-month track record of profitable trading.
Maximum drawdown permitted by RoboForex CopyFX Trader
The max drawdown of a CopyFX trader displays the maximum equity drawdown as a percentage of the trader’s initial deposit. This maximum drawdown percentage statistic provides insight into the trader’s risk profile. The danger increases as the maximum drawdown percentage increases.
Copying the trades of a CopyFX trader whose maximum drawdown is greater than 50 percent is considered high risk. CopyFX deals with a maximum downside of roughly 30 percent are regarded as having moderate risk. These values are merely indicators; you must conduct your own research to determine the actual risk levels.
RoboForex CopyFX Trader Funded Account
You may view the trader’s current trading balance and available funds on the CopyFX platform. If a CopyFX trader has a substantial amount of capital put in a transaction, this can suggest their seriousness and dedication to that particular trading approach. If there is only $100 invested in a CopyFX deal, why would you invest $10,000? Also, a lower trade balance indicates that a CopyFX trader views the deal as high-risk.
RoboForex CopyFX Trader Quantity of Traders Subscribed
The RoboForex CopyFX system allows you to view the total number of CopyFX traders’ subscribed followers. Additionally, you may view the overall USD portfolio fund value of all of these subscribers. The amount of interest in a CopyFX trader’s trades is shown by the number of subscribers and the total fund worth of the subscribers.
How Copy Trading on RoboForex CopyFX Operates
When you have identified a handful of CopyFX traders that align with your investment approach, duplicate trading may be set up in a matter of seconds. Each CopyFX trader charges different fees, typically a percentage of your profits. In addition, CopyFX traders have a minimum deposit requirement to copy their trades. Check that you are satisfied with the terms and establish your trading limits.
You can cease copying a RoboForex CopyFX Trader at any moment by canceling your subscription to that CopyFX trader.
Automated forex trading with RoboForex CopyFX is not a pay-and-forget service. You must continue to monitor the markets and any copied traders. These are active financial markets, and past trading success is not indicative of future results. Copy trading is extremely risky.
Roboforex R StocksTrader
Roboforex’s proprietary trading platform is referred to as Roboforex R StocksTrader. R StocksTrader was built from the bottom up and permits trading of over 12,000 diverse financial asset kinds on live markets from around the globe.
Roboforex is renowned for its exceptionally fast order execution times, especially in comparison to other brokers.
Modern traders are able to trade cryptocurrencies, Indices, CFD Stocks, CFD commodities, Forex, and ETFs on the Roboforex R StocksTrader platform.
Roboforex’s platform provides Roboforex R StocksTrader users with the ability to trade and monitor the financial markets via online and mobile devices.
Roboforex R StocksTrader’s user interface is well-designed, allowing users to create watchlists and monitor numerous financial instruments in multiple, highly customizable trading and charting windows.
Roboforex R Research Tools for StockTrader
If you are serious about trading, you must have access to the most recent research and analysis tools for the financial markets. The Roboforex R StocksTrader instruments are superior.
When actively use the R StocksTrader charting tools, they are extremely responsive and continuously updated with real-time data.
Roboforex R StocksTrader gives its users with Level 2 market depth and in-depth Time and sales data, enabling R StocksTrader users to study each and every aspect of a financial instrument. This is vital when employing technical analysis to research and monitor a position. With vast historical market data dating back to 1970, the Roboforex R StocksTrader platform also allows traders to back test their trading techniques.
Roboforex R Watchlists for StockTrader
Roboforex R StocksTrader Watchlists are quite useful while researching and watching the financial markets. Not only can you view the Top Winning and Top Losing Financial Assets by class and asset type, but you can also create your own personalized watchlists. These R StocksTrader watchlists enable you to keep a close eye on arbitrary groups of financial assets. Suppose you have observed a large number of popular social media or forum posts regarding particular financial assets. Add them to your Roboforex R StocksTrader watchlist immediately.
Roboforex R StocksTrader Instant Trading with One Click
Numerous traders with years of experience seek out trading systems with “One-click trading” When opening new trades, more experienced traders prefer to employ predefined options for the majority of their transactions. Experienced traders wish to accelerate their workflow and do not wish to configure the stop loss, limit, leverage, and other settings each time they place a new trade. One-click trading on the Roboforex R StocksTrader platform might be very useful if you trade regularly.
Roboforex R StocksTrader Stop Orders and Limit Orders
Every trader should understand how to limit and minimize risk. The Roboforex R StocksTrader software enables placing, deleting, and monitoring limit and stop orders incredibly simple, even on a mobile device with a touch screen.
Roboforex R StocksTrader Robotic Trading
Roboforex R StocksTrader provides an excellent set of free tools that enable users to create their own automated trading bots for more sophisticated traders who seek to implement trading automation tactics. Users of R StocksTrader may develop as many trading robots as they choose.
Automated Roboforex R StocksTrader Strategy Builder
Excellent aspect of the Roboforex R StocksTrader platform is the opportunity to utilize and test out pre-existing automated methods, as well as construct your own from scratch. The Roboforex R StocksTrader Automated Strategy Builder is available for free on both live and demo R StocksTrader accounts for testing.
The R StocksTrader Automated Strategy templates can utilize comprehensive financial market data dating back to 1970. The Roboforex R StocksTrader automated strategy provides users with a great deal of freedom to build, change, and test strategies. Attempting the Roboforex R StocksTrader automated strategy building is highly recommended.
MetaTrader 4 for Roboforex (MT4)
Since 2005, MetaTrader 4, generally known as MT4, has been one of the most widely used trading systems on the financial markets. The MetaTrader 4 program provides a feature-rich, user-friendly interface and a highly customizable trading environment, all of which are designed to meet all of your trading demands and improve your trading success. Advanced charting capabilities and order management features.
Understand that the MetaTrader 4 (MT4) trading platform was designed primarily for Forex trading, but you may trade other financial assets via CFDs and Spread Betting. Stocks, Indices, Commodities, ETFs, and Futures cannot be traded on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets while using CFDs or Spread bets with Roboforex because you are gambling on price movements.
Roboforex provides access to the MetaTrader 4 platform in numerous versions, including an online web platform and a downloadable application for Windows PCs and Apple Macintosh computers. Roboforex MetaTrader 4 is compatible with the macOS Mojave operating system. Roboforex enables mobile trading on Android and iOS devices, such as the iPhone, for traders.
Metatrader 4 Webtrader is available on Roboforex.
MetaTrader 4 is the most popular trading platform in the world, as an increasing number of traders engage in online transactions. Metatrader 4 is a web-based application that can be accessed through a web browser. MetaTrader 4 web software offers the same user-friendly performance as the desktop version by utilizing powerful charting, a highly customizable trading environment, easily accessible online trading tools, and numerous indicators. Without a Dealing Desk, you can trade in our Raw Pricing environment from anywhere in the world.
Roboforex MetaTrader 4 for iOS Trading
On the Apple app store, you can download the Roboforex application or trade with Roboforex using the MetaTrader 4 program.
Metaquotes MetaTrader 4 is available for free download from the Apple App Store. Customers of Roboforex have rapid access to the Financial markets and the flexibility to manage their Portfolios on the go.
Trade MetaTrader 4 for RoboForex on Android Devices
Android mobile devices and tablets are utilized by millions of individuals worldwide. Roboforex gives its customers access to the MetaTrader 4 platform on Android-compatible devices, allowing them to monitor the financial market and trade straight from their Android-powered smartphones and tablets. The Android Roboforex MetaTrader 4 Android application enables traders to utilize several advanced trading tools, allowing them to monitor and trade Forex fast, easily, and safely while on the go.
Trade Roboforex MetaTrader 4
Trading Central’s Alpha Generation Indicators is a Bundle of Three Major Indicators, Consisting of:
• Analyst Perspectives – An indispensable resource for leadership and important positions.
• Adaptive Candlesticks – Identifies chart patterns that depict significant demand and supply shifts.
• Adaptive Divergence Convergence (ADC) – Similar to MACD, but helpful for shorter time frames and offering more timely signals.
Roboforex MetaTrader 4 Superior Trading Instruments
The Roboforex advanced trading tools for MetaTrader 4 are designed to enhance the overall trading experience and provide traders a competitive edge. Roboforex provides access to twenty exclusive tools, including feature-rich trade execution and management applications, advanced notification alarms, communications capabilities, novel market data, and more.
Trade Roboforex MetaTrader 4 MultiTerminal
MetaTrader 4 MultiTerminal provides a user-friendly dashboard for traders to handle and monitor multiple trading accounts. MultiTerminal enables you to handle over 100 Accounts concurrently, enabling you to place market orders, pending orders, examine live market prices, and monitor all accounts and equity in real time. All accounts must be hosted on the same MetaTrader server. MultiTerminal does not support Expert Advisors and other Automated Trading programs.
AutoChartist for RoboForex MetaTrader 4 and MetaTrader 5
Roboforex Autochartist offers the first Market Scanner for MT4 and MT5 that utilizes a non-trading Expert Advisor script. Examine markets for potential trading opportunities while seeing all symbols and time intervals on a single graph. The days of launching multiple graphs on which you forget which currency you’re viewing are over. Autochartist provides a straightforward user interface that may be tailored to your trading preferences.
Roboforex MetaTrader Version 5 (MT5)
MetaTrader 5, generally known as MT5, is a multi-asset trading platform that offers a wide range of trading capabilities and financial research tools. Additionally, MT5 permits the use of automated trading systems (trading robots) and copy trading. New features, such as additional timeframes and sophisticated charting tools, might provide you with a competitive edge in the financial markets.
MetaTrader 5 was introduced in 2010 as the successor to MetaTrader 4.
MetaTrader 4 was designed particularly for trading Forex and CFDs, whereas MetaTrader 5 supports trading of Forex, Futures, Stocks, Algorithmic Trading, ETFs, and Indices.
Trade Roboforex MetaTrader 5 WebTrader
Utilize any web browser to gain access to your Roboforex MetaTrader 5 accounts. It includes a vast array of tools, such as additional timeframes and the most recent technical indicators, to provide you with all the trading resources necessary to trade on and analyze the financial markets.
Roboforex MetaTrader 5 for iOS
Roboforex MetaTrader 5 is compatible with the iPhone, iPad, and later IOS devices. MetaTrader 5 requires either a mobile or Wi-Fi internet connection. It is recommended that you constantly update the iOS MetaTrader 5 app. Newer versions offer more functionality and stability. Roboforex MetaTrader 5 permits traders to view market information for financial instruments transacted in market execution mode.
Roboforex MetaTrader 5 for Android
MetaTrader 5 for Android is compatible with Android smartphones and tablets powered by Android 5.0 or later. Additionally, to connect to the trading server of Roboforex. Take the time to learn all of the MetaTrader 5 Android features. With Metatrader 5 for Android, you may trade a variety of financial assets from anywhere and at any time.
Features of the Roboforex Metatrader Mobile Application
MetaQuotes, the creators of Metatrader, listened to the opinions of their millions of customers and created the world’s most popular mobile trading platform. Features of MetaTrader include:
• Financial instrument quotations
• View comprehensive pricing graphs for financial products
• Control transactions and open positions
• View your transaction record
• View market news
• MetaTrader internal messaging
• View and research Roboforex financial instrument market statistics
• Opening and closing position
• Search for symbols in the quotations section
• Display of transactions as graphs
• Selection of time intervals for graphs and charts
• Additional graph vertical scaling
• Capability to transfer accounts via QR codes to other devices
• Information is only accessible if provided by Roboforex
• Access the OTP generator with FaceID or fingerprint authentication
Roboforex MetaTrader 5 Superior Trading Instruments
Roboforex MetaTrader 5 provides advanced traders with numerous trading tools. Having knowledge of these tools can provide a competitive advantage.
• Market bids and asks depth
• Price Data
• Calculation of Margin, Futures, and Forex
• Innovative Technical Analysis
• One-click business transactions
• Spreads
• Futures
• Financial Reports
The Roboforex cTrader platform
CTrader is an all-inclusive trading platform solution that Forex and CFD brokerages can offer to their traders. The platform is loaded with a vast array of options to accommodate every conceivable investment preference.
Roboforex offers the cTrader Premium Charting and Manual Trading Platform.
cTrader is a leading Forex and CFD trading platform for several assets. cTrader provides sophisticated order types, graphing capabilities, amount II pricing, and rapid input and execution. It is connected to state-of-the-art infrastructure, which can be accessed from a variety of devices and features an impressive-looking interface and dashboard.
cTrader Copy is accessible via RoboForex.
CTrader Copy enables all platform participants to share their investment strategy and trading technique for a fee or commission. Other dealers can search for and copy the accessible strategies, and enjoy risk-free trading. Additionally, traders can utilize their own risk management settings.
cTrader Automate is provided by Roboforex.
CTrader Automate enables traders to automate financial trading plans through the creation of algorithmic trading robots. Dealers can utilize cTrader’s modern C# API to build code within the IDE, and the IDE enables developers to optimize and test their financial robots.
cTrader Open API is accessible via RoboForex.
Build your own applications using cTraders Open API, a free, secure, and public API that is available to everyone. Utilizing cTrader’s established infrastructure, developers may create desktop, mobile, and internet applications. The open API permits developers to interact with any cTrader account.
Roboforex Trading advantages
• Permits scalping
• Permits hedging
• Offers STP
• Low min deposit
Roboforex Offers Trading Accounts
Below is a summary of the account types offered by Roboforex. Roboforex’s various account kinds may accommodate your trading needs, regardless of your objectives.
• Prime
• R Stocks Trader
• Procent
• Pro
• Demo account
• Small account
• Mini account
• Normal account
• Spread-free account
• Account ECN
• Account STP
• Islamic ledger
Summary of Roboforex Account Type Features
Roboforex First
This account type is the most advantageous on the RoboForex trading platform. It has the most favorable terms and circumstances. It can be utilized for trading currencies and other financial markets.
R Stocks Trader
Through the R StocksTrader web platform and mobile app, it is able to trade stocks and other financial instruments relating to stocks.
Can I evaluate Roboforex?
Roboforex provides a demo account so that you can practice prior to making funding deposits.
Methods for Roboforex withdrawal and funding
Please note that the following list of Roboforex payment options varies depending on the Roboforex Entity and the client’s country of residence.
All of the various Roboforex payment options can be viewed in your Roboforex member’s section on the Roboforex website.
Roboforex offers the following funding methods: You may utilize any of the deposit methods listed below if they are accessible in your region.
Roboforex Settlement Procedures
• Roboforex is compatible with Credit Cards
• Roboforex is VISA compliant
• Roboforex is MasterCard-compliant
• Roboforex recognizes JCB
• Roboforex is compatible with debit cards
• Roboforex is compatible with Bank Transfer
• Roboforex is compatible with Electronic wallets (eWallets)
• Roboforex is compatible with Neteller
• Roboforex is compatible with Skrill
• Roboforex is compatible with Perfect Money
Roboforex supports AdvCash.
• Roboforex is compatible with Bitcoin
• Roboforex is WebMoney compatible.
Roboforex supports BPAY.
• Roboforex accepts UnionPay from China
• Roboforex is a FasaPay merchant
• Roboforex is CashU compatible
• Roboforex supports the QIWI
• Roboforex is compatible with Yandex Money
• Roboforex is compatible with WeChat Pay
• Roboforex is compatible with ecoPayZ
• AstroPay is accepted at Roboforex
• Roboforex is compatible with Sofort
• Roboforex is compatible with Giropay
• Roboforex acknowledges Poli
• Roboforex is compatible with WePay
• Roboforex is compatible with iDEAL
• Payoneer is accepted by Roboforex
*Please note that available Roboforex and other broker payment methods depend on the country of residence of the client.
How do I get started with Roboforex?
In order to start a trading account with Roboforex, you must register here. After receiving your login information through email, submitting your identification documents for account validation, and making a deposit, the next step is to download your preferred trading platform. Here you will discover comprehensive information regarding Roboforex trading platforms. As part of Roboforex’s onboarding process and standard KYC identity checks, you will be required to supply basic identification documents to verify your identity. This standard procedure helps Roboforex create a secure financial environment for its 10,000 users.
Losses can exceed deposits
Performing transactions using Roboforex
Roboforex allows for a minimum trade size of 0.01 Lot. Depending on the account you open, this may differ. Roboforex permits a maximum trading size of 100 Lot. As Roboforex provides ECN and STP execution, you may anticipate extremely tight spreads and greater pricing transparency while executing trades.
As with the majority of brokers, margin requirements vary by instrument.
CFD Trading on the RoboForex Platform
Let’s examine some of the fundamentals of leveraging in Roboforex.
Roboforex offers CFDs, which are leveraged products; in this case, ten times leverage is described.
You have a ten thousand dollar position, but you’ve only committed one thousand dollars, or one tenth of the account’s value. You are in a position where a tiny amount of money controls a much larger financial position. Herein lies your advantage.
Simply defined, leverage multiplies both gains and losses.
Trading using leverage on Roboforex amplifies both gains and losses.
Suppose you use the Roboforex trading platform to purchase or sell $10,000 worth of General Electric (GE) using contracts for difference (CFDs).
Suppose General Electric (GE) gains 10% due to positive results, increasing the value of your stock from $10,000 to $11,000.
It has increased in value by 10%, or $1000, which is a 100% increase on the funds initially invested to the leverage CFD transaction.
Our initial investment of ten thousand dollars for the deal has yielded a profit of one thousand dollars because the price has increased by ten percent.
The Roboforex leverage is bidirectional. If General Electric (GE) falls 10% on week results, your ten-thousand-dollar stock is now only worth nine-thousand dollars. It’s decreased by one thousand dollars.
Typically, Roboforex CFDs are utilized for short- to medium-term trading. For example, intraday CFD trading on Roboforex. A CFD trade can be more flexible than a traditional market deal in which the underlying asset is owned, notwithstanding the significant risk associated with CFDs’ independence from financial markets. CFD trading provides access to CFD fractional shares, CFD global markets, and CFD short selling. CFDs can also be used for hedging by skilled traders.
Always keep in mind that CFDs are intricate products with a significant danger of losing money quickly owing to leverage. Losses can exceed deposits
Reduce Trading Risk with Roboforex Stop Loss and Stop Limit Orders
A stop-loss order is an order placed with a broker such as Roboforex to buy/sell a stock at a predetermined price. The purpose of a stop-loss is to restrict a trader’s loss on a security position.
Unless the trade is hedged against another trade or the trader is not utilizing leverage, most traders must utilize stop losses to protect themselves against enormous danger. The circumstances vary based on the trade and markets.
Resources for Education at RoboForex
To trade with Roboforex efficiently, it is essential to have a thorough understanding of the Roboforex trading tools and markets. Ensure that you fully utilize all educational resources. This covers both Roboforex and external education resources.
Roboforex provides a variety of instructional resources. Take your time and study the movement of the financial markets. Spend some time learning how your trading platform operates. Learn how to execute buy/sell transactions, take advantage of worldwide trading times, and, most importantly, mitigate and manage investment risk.
Taking an analytical approach to trading with Roboforex may be beneficial.
Take the time to explore the Roboforex platforms and hone your methodical and logical market thinking. It is a new skill set for many, but the market expects you to have it.
Support for Customers at Roboforex
As part of our Roboforex review, we evaluate customer care options, response times, and the efficiency with which Roboforex trading platform issues are resolved.
The languages supported by Roboforex include English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian.
Roboforex has a support rating of double AA because it offers live chat and email help in various languages.
Livechat Assistance at Roboforex
Roboforex does not support LiveChat.
Email Assistance at Roboforex
We submitted multiple emails to Roboforex, and response times were generally excellent. The quickest response time from Roboforex was under 15 minutes, while the longest response time was 7 hours. Roboforex’s support response times may vary for you, however this was our experience after sending 10 emails at various times.
Our questions were resolved and answered by the team. Roboforex provides superior email support on the whole.
Phone Assistance at Roboforex
We called Roboforex, and our call was promptly answered. In less than 5 minutes, the phone was answered.
The Roboforex phone support crew was able to effectively address our inquiries and concerns over the phone. We put the multilingual Roboforex crew to the test by making calls in several languages. Roboforex made an effort to ensure that all of our questions were addressed.
Roboforex provides excellent phone service on the whole.
What is required to open a Roboforex account?
As Roboforex is regulated by the Cyprus Securities and Exchange Commission (CySEC), all new clients must pass a few basic compliance tests to confirm that they understand the risks associated with trading and are permitted to trade. When you open an account, you will likely be required to provide the following information:
• Be mindful that the expiration date of Proof of Address documents for distinct Roboforex Brand entities may vary.
• A scanned color copy of your passport, driver’s license, or national identification card
• A utility bill or bank statement showing your address from the preceding three months
In addition, you’ll need to answer a few simple compliance questions to verify your trading experience, so you should set aside at least 5 minutes to finish the account opening procedure.
While you may be able to explore Roboforex’s platform immediately, you will not be allowed to trade until you pass compliance, which can take several days depending on your condition.
To begin the account opening procedure with Roboforex, please visit the Roboforex trading site.
CFDs are leveraged instruments that can result in substantial losses in excess of the capital deposited. All trading entails risk. Only risk capital that you are willing to lose. Past performance does not guarantee future results.
Is Roboforex An Effective Broker?
We spent more than three months investigating Roboforex in depth. Despite the fact that Roboforex is not flawless, we discovered a number of quite beneficial features in their overall offering. Our personal trading experience with Roboforex was excellent. Roboforex is a good broker based on numerous factors.
• Roboforex has a proven history of providing Forex and CFDs.
Roboforex has been for more than 13 years.
• Roboforex has a sizeable customer service staff of at least 10.
• The Cyprus Securities and Exchange Commission governs Roboforex (CySEC). This means that Roboforex is governed by a jurisdiction that can hold a broker accountable for its misdeeds, or at the very least arbitrate larger disagreements.
• Roboforex is governed by respected regulators.
• Roboforex is able to handle deposits and withdrawals within two to three days. This is crucial during the withdrawal of cash.
• Roboforex has a global presence in a number of countries. Local Roboforex seminars and training are included.
• Roboforex is able to employ individuals from many parts of the world who can communicate more effectively in your native tongue.
RoboForex Disclosure of Risk
Losses can exceed deposits
Disclosure of Market Risk
Trading financial assets, such as cryptocurrencies and foreign currency markets, carries a significant degree of risk. Regarding leverage and margin-based trading, there is a substantial danger of loss. Some off-exchange financial instruments and derivatives may feature variable leverage, minimal regulatory protection, and substantial market volatility. Never assume that any investment products, strategies, indications, or other materials given will result in profits. You should be informed that investing can lead to monetary loss.
Roboforex insufficient?
If, after reading this Roboforex review, you determine that Roboforex does not meet your requirements, consider these Roboforex alternatives.
Questions Frequently Asked About ROBOFOREX
Read our new FAQ section for Roboforex in 2022.
Can I evaluate Roboforex?
Roboforex provides a demo account so that you can test the Roboforex platform with virtual trading before making a deposit. Risk-free virtual trading with Roboforex. LEARN MORE HERE
What types of finance does Roboforex accept?
Please note that the payment options listed below vary based on the Roboforex Entity and the client’s country of residence.
Roboforex offers the following deposit and withdrawal options: Credit cards, VISA, MasterCard, JCB, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Perfect Money, AdvCash, Bitcoin, WebMoney, BPAY, China UnionPay, FasaPay, CashU, QIWI, Yandex Money, WeChat Pay, ecoPayZ, AstroPay, Sofort, Giropay, Poli, Wepay, iDEAL, and Payoneer are accepted.
Is Roboforex risk-free?
The Cyprus Securities and Exchange Commission regulates and monitors Roboforex’s conduct, therefore it is deemed safe (CySEC). Traders’ deposits to their Roboforex accounts are maintained in a separate bank account. Roboforex uses tier-1 banks for extra protection. Tier 1 is the official indicator of a bank’s financial stability.
Is Roboforex trading beneficial?
Roboforex is regarded as a reliable and trustworthy trading platform. Over 10,000 traders and Roboforex users use Roboforex. Roboforex provides Forex and CFDs trading. Roboforex’s minimum deposit requirement is $1.
Is Roboforex legitimate?
In 2009, Roboforex was founded in Cyprus. Since 2004, Roboforex has facilitated transaction on the financial markets. Roboforex provides Forex and CFD trading to clients. Roboforex holds all deposited funds in separate bank accounts for security purposes. Roboforex is legitimate because it is regulated by the Cyprus Securities and Exchange Commission (CySEC).
Is Roboforex an excellent broker?
Roboforex is supervised by a premier financial regulator, the Cyprus Securities and Exchange Commission (CySEC), and can therefore be regarded as a reliable broker. Roboforex facilitates Forex and CFD trading.
Is Roboforex a reliable broker?
Roboforex can be regarded as reliable. All funds deposited with Roboforex are placed in a separate bank account. This implies that your funds are not held directly by Roboforex. The broker does not have direct access to your cash and hence cannot misappropriate them. Additionally, the Cyprus Securities and Exchange Commission regulates Roboforex (CySEC).
What is Roboforex’s minimum deposit requirement?
Minimum trading deposit with Roboforex is $1.
How long do withdrawals from Roboforex take?
Withdrawing funds from Roboforex typically takes between two and five days, depending on the withdrawal method.
Is Roboforex governed?
Roboforex is governed by the Securities and Exchange Commission of Cyprus (CySEC). Regular assessments and audits are conducted by regulatory agencies as part of Roboforex’s regulatory compliance. You may discover more about these reviews on the websites of the relevant regulators.
Is Roboforex a market maker?
Roboforex makes markets. Roboforex will purchase stocks, money, and other commodities and instruments even if there is no buyer lined up.
How do I get started with Roboforex?
In order to start a trading account with Roboforex, you must register here. After receiving your login information through email, submitting your identification documents for account validation, and making a deposit, the next step is to download your preferred trading platform.
Are my funds secure with Roboforex?
Roboforex is governed by the Securities and Exchange Commission of Cyprus (CySEC). The regulatory body and regulatory status of a broker, such as Roboforex, is one of the most significant factors for traders to consider when choosing a broker. Brokers who operate without regulation do so at their own discretion and endanger the safety of their clients’ funds.
Due to the regulations enforced, it is improbable that regulated brokers will manipulate market pricing. When you request a withdrawal from Roboforex, your request will be honored. If they violate any regulatory requirements, their status as a regulated entity may be revoked.
Is Roboforex a rip-off?
Roboforex is well-established and regulated, having been in operation for over 13 years. Roboforex is legitimate.
Can Roboforex generate profits?
Despite the fact that Roboforex has been a resounding success for traders, it is still a relatively new trading platform Roboforex trading on the financial markets is not a get-rich-quick program. If you educate yourself, use a demo account for practice, and carefully plan your trades, your likelihood of success will increase significantly. Never invest funds that you cannot afford to lose. Losses can outweigh deposits.
Does Roboforex cost money?
Roboforex withdrawal costs vary by mode of payment.
Roboforex imposes no inactivity fees. Roboforex charges no deposit fees.
When did Roboforex begin?
In 2009, Roboforex was founded.
How many traders using Roboforex?
Roboforex is utilized by more than 10,000 registered users.
Which country houses the Roboforex headquarters?
Roboforex’s headquarters are located in Cyprus.
Does Roboforex provide protection against negative balances?
Roboforex does not provide protection against negative balances. Traders cannot lose more than they have deposited when negative balance protection is in place.
Does Roboforex guarantee stop-loss orders?
Roboforex does not provide stop loss guarantees. Risk is handled with assured stop loss protection. Traders are obligated to close your trade at the price you specify. Only during market hours and under normal market conditions are Stop Loss orders guaranteed.
Does the Roboforex platform permit scalping?
Roboforex facilitates scalping.
Does Roboforex allow hedging?
Roboforex provides hedges.
Does Roboforex offer trading in CFDs?
Roboforex offers trading in CFDs.
Roboforex provides STP?
Roboforex offers Straight Through Processing (STP) trading.
How many traders using Roboforex?
Over 10,000 Roboforex users and traders utilize Roboforex.
Does Roboforex offer ECN trading?
Roboforex offers trading via ECN.
Does Roboforex provide a practice account?
Roboforex provides a practice account.
Roboforex provides Islamic accounts?
Roboforex provides a Muslim account.
What are Roboforex’s funding methods?
Please note that the various funding methods and alternatives for Roboforex clients can be found in the Roboforex Members section and depend on their country of residence. Please visit the Roboforex website to view your individual payment options. Credit cards, VISA, MasterCard, JCB, debit cards, bank transfers, electronic wallets (eWallets), Neteller, Skrill, Perfect Money, AdvCash, Bitcoin, WebMoney, BPAY, China UnionPay, FasaPay, CashU, QIWI, Yandex Money, WeChat Pay, ecoPayZ, AstroPay, Sofort, Giropay, Wepay, iDEAL, Payoneer,.
