Safety Measures:
Clients benefit from negative balance protection, ensuring they cannot lose more than their initial investment. Collaborating with major banks like Barclays ensures secure fund management, while a comprehensive Civil Liability Insurance Policy further safeguards against financial losses due to risks such as fraud or errors. Two-step authentication adds an extra layer of security, enhancing protection against unauthorized access to the Members Area.
What are Securities to Trade with RoboMarkets？
RoboMarkets offers a wide array of tradable securities, encompassing over 12,000 assets across stocks, indices, currencies, ETFs, and CFDs. This extensive range provides investors with ample opportunities to diversify their portfolios and participate in various global markets.
Stocks available for trading include a wide selection from major global exchanges.
Indices represent key benchmarks from around the world, allowing traders to speculate on broader market trends and volatility. Currency pairs are available for forex trading, accommodating both major and exotic pairs with competitive spreads.
Additionally, Exchange-Traded Funds (ETFs) offer access to diversified portfolios of assets, providing flexibility in investment strategies.
Contract for Differences (CFDs) further expand trading possibilities, allowing traders to speculate on price movements without owning the underlying asset.
RoboMarkets Accounts
RoboMarkets offers a variety of account types tailored to different trading preferences and experience levels.
The ECN account is designed for experienced traders seeking optimal order execution speeds and competitive trading conditions. With a low initial deposit requirement of 10 USD, it features market execution and floating spreads from 0 points across 36 currency pairs, metals, and CFDs. This account type, available on both MT4 and MT5 platforms, appeals to traders who prioritize swift execution and tight spreads in their trading strategies.
For those interested in stock trading, the R StocksTrader account requires a higher initial deposit of 100 USD. It supports market execution with floating spreads from 0 points and provides access to a vast array of over 12,000 stocks, indices, currencies, ETFs, and CFDs exclusively through the R StocksTrader platform. This account type targets traders focused on equity markets and requires a more substantial investment commitment compared to other accounts.
The ProCent account is particularly suited for algorithm testing and transitioning from demo to live trading environments. It features a modest initial deposit of 10 USD, market execution with floating spreads from 1.3 points, and access to 36 currency pairs and metals. This account type, available on MT4 and MT5, serves traders looking to refine their trading strategies in a real trading environment with minimal financial risk.
The Pro account at RoboMarkets serves as a popular choice among beginners, offering balanced trading conditions suitable for various market types. It requires an initial deposit of 10 USD, features market execution with floating spreads from 1.3 points, and provides access to 36 currency pairs, metals, and CFDs. With comprehensive platform support on MT4, MT5, and a demo version available, the Pro account is accessible to traders seeking flexibility and comprehensive market access.
RoboMarkets also offers a Demo account, allowing traders to simulate trading conditions without financial risk. It does not require an initial deposit and provides varied spreads and instruments depending on the account type chosen. This account type is ideal for traders new to the platform or those wanting to explore different trading strategies in a risk-free environment.
Lastly, the Prime account serves traders seeking premium trading conditions. It requires a 10 USD initial deposit and features market execution with floating spreads from 0 points across 28 currency pairs, metals, and CFDs. The Prime account, available on MT4 and MT5, is tailored for traders who prioritize superior trading conditions and enhanced market access.
RoboMarkets Fees Review
RoboMarkets offers commission-free stock trading through its R StocksTrader accounts. This includes access to over 3,000 real stocks of American companies and more than 8,400 CFDs on US stocks. The R StocksTrader terminal provides traders with the opportunity to invest without paying commissions on stock trades.
For ETFs and CFDs on US stocks, RoboMarkets applies competitive pricing structures. ETF trading features spreads starting from 0.01 USD and commissions starting from 0.25 USD, ensuring cost-effective access to a wide range of investment products. Similarly, CFDs on US stocks also benefit from tight spreads, enhancing trading efficiency.
RoboMarkets charges varying fees for deposits and withdrawals across different payment methods. Bank transfers through partners like Barclays and Raiffeisen incur no deposit fees but have withdrawal fees ranging from 10 EUR to 25 USD, depending on the currency, with processing times of up to 5 bank days. Electronic payments via PayPal, Skrill, and Neteller are fee-free for deposits but have withdrawal fees ranging from 1% to 2% and processing times ranging from instant to 1 day. Each method has specific deposit and withdrawal limits, ensuring flexibility for users based on their financial preferences and needs.
RoboMarkets App Review
App Review
RoboMarkets StocksTrader App
The RoboMarkets StocksTrader app offers a user-friendly interface for trading and investing in stocks, ETFs, commodities, and metals. Available on iPhone devices, it provides real-time stock price updates, news, and dividends, facilitating informed decision-making. Traders benefit from features like individual newsfeeds, watchlists, and a stock demo account to practice trading strategies.
The app streamlines portfolio management across multiple instruments, with access to fractional stocks and reliable market data. It supports technical analysis with live stock charts, economic indicators, and a corporate actions calendar, ensuring comprehensive market insights without monthly fees.
Trading platform
RoboMarkets also provides MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for traders.
MetaTrader 4 (MT4)
MetaTrader 4 remains a preferred choice among retail traders for its comprehensive tools and functionality. It supports three types of order execution and includes 50 built-in indicators for technical analysis, along with basic graphical analysis tools. MT4 allows traders to automate trading strategies through custom trading robots using MQL programming. It remains suitable for both novice traders and experienced investors seeking robust trading capabilities and reliable performance in the currency markets.
MetaTrader 5 (MT5)
MetaTrader 5 (MT5) is renowned for its advanced order execution technologies and distributed computing capabilities. It supports four types of order execution and offers a multi-currency tester, market depth feature, and extensive support for creating and testing trading robots. MT5 is ideal for traders who prioritize speed, reliability, and advanced trading functionalities. It accommodates those looking to implement complex trading strategies across various asset classes with access to modern technologies and comprehensive analytical tools.
Research & Education
RoboMarkets provides basic educational resources covering essentials like how to open an account, start trading, and an FAQ section. While these resources offer fundamental guidance for beginners, they appear limited compared to more comprehensive educational offerings from popular brokers. Competitors often provide extensive educational materials such as webinars, video tutorials, market analysis, and trading strategies tailored to different experience levels.
Customer Service
RoboMarkets offers customer support through direct messaging for inquiries or feedback.
For more urgent assistance, they can be reached by phone at +2484671945. The company provides a business address at Suite 3, Global Village, Jivan's Complex, Mont Fleuri, Mahe, Seychelles, ensuring transparency in their contact information.
Conclusion
In conclusion, RoboMarkets presents itself as a regulated brokerage with a strong emphasis on providing a wide range of tradable securities through user-friendly platforms like MetaTrader 4, MetaTrader 5, and their proprietary R StocksTrader app. With commission-free stock trading options and competitive spreads, it serves well to both novice investors and experienced traders looking to diversify their portfolios across stocks, ETFs, commodities, and metals.
However, its basic educational resources and limited mobile platform availability might pose challenges for beginners seeking comprehensive learning tools and convenient trading access on the go.
FAQs
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