In addition to its Pro-Cent, Pro-Standard, and RAMM real accounts, RoboForex now offers a range of other trading assets on their demo accounts. A wide range of trading platforms, including MT4 and MT5, are available through the broker, which we will discuss in detail in this review, as well as regulatory requirements, bonuses, and deposits. The practice account is completely free to use, but it will expire after 90 days if not used. RoboForex does not currently provide any no deposit bonus incentives for the year 2021, but the company has in the past sponsored weekly demo contests, so traders should keep an eye on the website for any impending promotions.
Company Information About RoboForex
RoboForex, which was established in 2009 and has its headquarters in Belize, is regulated by the International Financial Services Commission. Over 12,000 trading products across eight asset classes are available through the broker, which also provides two investment platforms and four trading platforms.
RoboForex has established a solid reputation over the years, with more than 3 million live accounts having been opened since the company’s foundation. Roboforex has a global presence and provides personalized solutions to its consumers. MT4 contains all of the key elements that a beginner or advanced trader might ever require, including 50 technical analysis indicators, basic graphical tools, and three different order execution methods. Feel free to check RoboForex Review to trade with the best broker ever.
However, the number of withdrawal options allowed varies based on your jurisdiction, with a total of 13. Withdrawal times for the most of ways are as short as 1 day, which has received positive feedback from customers in 2021. Although withdrawal commissions vary, they often range from 0.5 percent to 2.8 percent. Clients residing outside of the European Union can make cryptocurrency withdrawals.
Account in Demonstration
In general, the Demo Pro account is the most popular choice because it closely duplicates trading circumstances of the standard account packages, including maximum leverage of 1:2000 and floating spreads starting at 1.3 pips. Users can experiment with trading strategies without having to pay or risk any real money.
New Pro-Cent and Pro-Standard account holders will receive a welcome bonus of 30 USD after making a deposit of at least 10 USD through a credit or debit card. Additionally, withdrawals and transfers are safeguarded by the use of an SMS confirmation code sent with each transaction.
RoboForex’s Final Verdict
Trading platforms such as MT4 and R StocksTrader are available from RoboForex, which is a well-established online broker that offers a diverse choice of assets on a dependable trading platform. In addition, the broker is registered and offers negative balance protection, which gives traders an additional degree of confidence and security. As a whole, RoboForex is a decent broker for traders of all experience levels, but its zero-spread ECN accounts and RAMM platforms will be particularly appealing to expert traders. CopyFX provides a copy trading platform that is comparable to that of eToro and other market leaders.
Introducing cryptocurrency deposits and withdrawals for non-EU clients reflects an unmistakable commitment to innovation and the provision of more flexible trading choices for customers.