RoboForex

RoboForex is an international brokerage company founded in 2009. It provides the following services:

• Forex and CFD trading with a leverage of up to 1: 2000 and a minimum deposit of $ 10;
• providing analytical information for traders;
• CopyFX automatic transaction copying service;
• the "Rebates" program for returning the spread;
• trading via MT4, MT5, WebTrader, cTrader, R Trader platforms;
• trade training;
• package of improved trading conditions for VIP clients;
• profitable partner programs;
• personal consultations;
• round-the-clock technical support.

RoboForex Business Model

There are two generally accepted models of brokerage companies:

• End-to-end transaction processing (STP), according to which the broker is an intermediary between the trader and the liquidity provider and receives a certain commission for performing intermediary operations. The broker does not incur losses in the case of successful trading of traders, since losses are distributed among the liquidity providers, but thanks to security protocols, complete anonymity of traders is ensured, so there can be no conflicts between traders, the broker and the liquidity providers. On the contrary, the broker is interested in the profitability of the trader, since with the growth of the yield curve, the volume of lots also increases, and at the same time, the commissions deducted to the broker also increase;

• Market maker, according to this model, a trader enters into transactions through his brokerand without the withdrawal to the interbank account, as a result of which the broker acts as a counterparty and if the trader's transaction is successful, he loses his profit, and vice versa. This is not profitable for the broker, so he tries in various ways, including non-market ones, to make the trader's trade unprofitable. Hence, there are requotes for the trader to enter the transaction at a less attractive price, pins that knock out the stop-losses of players, various failures of the trading terminal, cancellation of profitable transactions, delays in the payment of profits. Many novice traders do not know about this, so when faced with such unscrupulous companies, they are disappointed in Forex.

The RoboForex Ltd Group of companies uses a hybrid model: for cent accounts, the broker acts as a dealer and processes transactions within the company, and for standard and ECN accounts, STP technology is used. This is due to the peculiarities of liquidity providers, since they do not work with small volumes. RoboForex's liquidity providers are TOP FX, Citi FX, CMSFX UK Ltd, SAXO and Sucden Financial. They provide access to liquidity through the state-of-the-art ECN systems Integral, Currenex and Citi, which is a direct confirmation that RoboForex is a reliable and transparent broker.

RoboForex regulation

RoboForex Ltd is an international broker regulated by the IFSC in Belize (license number 000138/333) and is a member of The Financial Commission as a category "A" member, as well as a member of its Compensation Fund. Moreover, the company RoboForex operates Civil liability insurance program with a limit of 5 000 000 EUR. It protects its customers from technical errors, fraud, and other risks that can lead to financial losses.

Account Types

RoboForex offers the following types of accounts:

1. ProCent – a cent account for testing advisors and strategies with a floating spread from 1.3 pips, leverage up to 1: 2000 and a minimum deposit of $ 10;

2. Pro – popular classic trading account with a floating spread of 1.3 pips and a leverage of up to 1: 2000, which is suitable for both beginners and experienced traders;

3. Prime – premium account for experienced traders with the best trading conditions at the level of liquidity providers, floating spread from 0 points and leverage up to 1: 300;

4. ECN – account for scalping and professional trading with the lowest possible spreads from 0 points, high execution speed and leverage up to 1: 500;

5. R Trader – a special account for trading real stocks, CFDs on stocks, indices, ETFs, metals and commodities (more than 12,000 assets) with a spread of 0.01 USD, a leverage of up to 1: 300 and a minimum deposit of$100;
6. Affiliate accounts – trading accounts with an increased spread for the broker's partners and their clients (Pro Affiliate, ECN Affiliate, and Cent Affiliate).

For convenience, each type of account can be tested on a free demo account with the appropriate name: Demo Pro, Demo ECN, Demo R Trader.

CopyFX Transaction Copy Service

The RoboForex broker provides an opportunity for those who do not have the time or experience to trade Forex, but would like to make money in the financial markets. With the help of the CopyFX service, you can copy traders ' transactions, while all your funds remain in the account, and traders receive a commission or a percentage of the successfully copied transaction. There are two investment options:

1. "Trader on commission". In this case, the investor pays a commission for the copied (profitable) transaction;

2. "Profit trader". In this option, the investor pays a fixed percentage of the profit received during the investment period of copying transactions.

What is the minimum deposit in RoboForex?

To start trading on Forex through a RoboForex broker, you need to top up your deposit in the amount of $10 or euros, which is a great advantage for novice traders. This amount is enough to evaluate the convenience of the trading platform, trading conditions and execution speed, but for full-fledged trading in compliance with all the rules of money management and risk management, we recommend starting trading from $500 and above.

Conclusions

RoboForex is a reliable regulated brokerage company with extensive trading experience and a high reputation in the Forex services market. It provides access to trading more than 12,000 assets with a narrow floating spread, a large leverage of up to 1: 2000 and a low entry threshold of $ 10. A large selection of professional trading platforms, accounts and tools makes Forex trading accessible to beginners and effective for experienced traders. It is also worth noting that RoboForex regularly conducts promotions, offers bonuses when depositing funds, provides a free VPS server for clients with a deposit of $ 300 or more, and also monitors the improvement of trading conditions.