Trading Advantages of RoboForex
RoboForex offers a variety of trading account types, including high-frequency and high-volume trading accounts. Its fees are transparent, and it offers tight spreads and low commissions. This broker also offers a number of platforms that can be used by traders in various markets.
It has a transparent fee structure
RoboForex does not charge any outright fees for its services. Instead, the forex broker collects its fees from a combination of commissions and spreads. Brokerage commissions typically range from $15 to $20 per $1 million traded, while the brokerage spreads start at 0 pips for ECN accounts and 1.3 pips for STP accounts. The brokerage also acts as a market maker for ProCents account holders, so it earns its profits from the losses of other traders. The company also receives a small commission from a liquidity provider.
RoboForex also offers a Strategy Tester, which enables traders to fine-tune their strategies for a more accurate decision-making process. The trading platform also comes with a charting tool that allows traders to read price action and make informed decisions. The chart is an essential trading tool, and RoboForex’s website includes several other analysis tools, as well as blog articles.
RoboForex is an excellent choice for a forex broker that offers a transparent fee structure. It has been in business for 12 years and serves over one million clients. It has won more than 30 awards for its services, and its fee structure is straightforward and transparent. The firm also requires its European clients to sign a full disclosure document, which acknowledges that third-world regulators have different rules and regulations than those in the EU. Furthermore, the fee structure is clear, and traders can see which accounts have which charges.
RoboForex offers four excellent trading platforms. RoboForex also offers clients the option to use a dealing desk or use the broker directly. Its emphasis on choice and flexibility has been reflected in its recent rapid growth. The broker’s wide selection of platforms and asset offerings makes it an excellent choice for many traders. Additionally, RoboForex is a multi-lingual company, which offers support in 12 languages.
It offers tight spreads
RoboForex is a renowned Forex broker with an award-winning trading platform. The company is headquartered in Belize and is regulated by the Financial Services Commission. Its license number is 000138/210. It offers a number of account types, including ECN and demo accounts. It offers zero pip valuations, tight spreads, and a maximum leverage of 1:2000. The broker also offers a number of other features, such as a mobile app and a web platform.
The spreads are determined by the type of account you choose. Commissions, minimum deposits, and withdrawal fees all affect the costs associated with each trade. RoboForex’s commission-free account has a spread of 1.3 pips, while its Prime and ECN accounts have a zero-pip spread and 4 USD commission.
RoboForex offers a number of services for traders, including economic calendars, analytical centers, and MetaTrader suite resources. As a fully regulated broker, it is also affiliated with the Financial Services Commission of Belize and affiliated with a Compensation Fund facility, which assures a 20,000-euro payout to clients in the event of a fraudulent transaction. The broker also offers a range of account types and provides a wealth of educational resources.
RoboForex is a multi-asset broker, founded in 2009 and headquartered in Belize. It has a reputation for offering the best trading conditions and asset selection, while keeping trading costs low. In addition, RoboForex offers industry-leading protection for customers and offers tight spreads and fast order execution.
Alpari is the most famous Forex broker, but RoboForex has a long history of service in the CFD market. Its three major offices are located in Belize, Cyprus, and Belarus. RoboForex offers many options for traders, including Forex and a wide range of CFD markets.
It offers low commissions
RoboForex is a forex broker that charges low trading commissions. It charges 0.0 pips per lot traded on its ECN account, which is lower than the industry average of 0.1-0.2 pips. Apart from low trading commissions, RoboForex also offers other attractive features. If you sign up for their ECN account, you’ll receive up to 15% commission cashback. In addition, you can also receive up to 10% cashback on your commission if you sign up for its Prime account.
Another benefit of RoboForex is that you can withdraw money twice a month without paying any commissions. There are more than 10,000 registered traders with RoboForex. It also offers high-end risk management systems and copy trading, which allows you to profit by copying other traders’ trades. However, it does not offer negative balance protection.
RoboForex has a variety of accounts to suit different types of traders. There are standard, intermediate, and advanced accounts. Beginners can choose from the R StocksTrader account, while experienced traders can opt for the ECN account. For advanced traders, RoboForex offers a RoboForex ProCent account and a RoboForex Pro account.
To sign up for a RoboForex account, you only need to deposit a minimum of 10 USD. If you want to make more money, you can opt for the RoboForex ProCent account. This account comes with a higher leverage of up to 1:20. In addition to a low commission, RoboForex also offers a 15% cash-back on commissions.
RoboForex has a number of customer support options, including telephone and email support. The customer service team at RoboForex is very professional. You can reach them via e-mail, live chat, or a web form to get answers to your questions. The broker has customer support available in 12 languages, and it’s available around the clock.
It offers negative balance protection
Negative balance protection is one of the features that RoboForex has to offer its clients. The company tops up the trading account balance to zero when the market is unstable, and the service is free. However, negative balance protection does come with some restrictions. First, the broker must comply with financial commission regulations. Then, it must apply a two-step authentication system.
Negative balance protection is not available from all Forex brokers, though. Fortunately, some brokers do offer it. One of them is IC markets. This platform is regulated in the Seychelles by the Financial Services Authority. However, the company’s website makes it clear that the service is not available to residents of certain countries. This is important because it can result in substantial losses for retail traders. The recent flash crash in the yen currency pair in Japan caused massive losses for Japanese traders. In addition, a number of brokers were unable to secure additional funds from their clients. The total losses suffered by Japanese STP brokers were over $8.6 million.
Negative balance protection helps traders avoid losses if their account balance reaches zero dollars. It helps limit a client’s losses to $5,000. Nevertheless, it doesn’t protect professional traders. RoboForex forex broker offers negative balance protection. This feature is not available at every forex broker. Nonetheless, it’s one of the many features that RoboForex has to offer its clients.
RoboForex is a reputable financial markets platform that offers leveraged trading strategies. This platform also features Demo Accounts, ECN funding, and Islamic funding methods. Its other features include tighter trading spreads and zero pip valuations. Furthermore, RoboForex forex broker offers a large leverage ratio of 1:2000 for all major asset classes.