roboforex Review 2021

We do our best to timely update the information on our website but does not guarantee that the information is necessarily provided in real-time nor is it necessarily accurate. Any trading or other financial decision you take shall be at your sole and full responsibility, and Strategicinvestor.net cannot be held responsible for any losses incurred by you. This review found that the main differences between the accounts are the minimum margin requirements, leverage limits, roboforex review margin call/stop-out levels, and access to bonuses. All bonuses are available with the Pro accounts, whilst no bonuses are available with the R Trader account. Metatrader 4includes all the essential features a beginner or advanced trader would need, with 50 indicators for technical analysis, basic graphical tools, and 3 order execution types. Users can also program their own trading robots with StrategyQuant and take advantage of the one-click trading capability.

RoboForex is also a member of The Financial Commission , a standalone financial authoritative body that conducts disputes arbitration. The firm also holds membership in the organization’s Compensation Fund. This facet of the commission provides a €20,000 protection per case if the member chooses not to relent to the commission’s judgement. It may initially be assumed that because of these innovations and recognition, RoboForex is a broker worthy of industry attention. The same information is published on the company’s YouTube channel in the form of videos.

Roboforex Background

The broker applies huge resources to the implementation of more innovative services, which make trading simpler for both beginners and professionals. Below, we’ll go into details of why exactly RoboForex is so remarkable. RoboForex is an established online broker offering a wide range of assets on reliable trading platforms, including MT4 and R Trader.

The website has been receiving constant backlash from its users for years. While each website has some negative reviews, those can mostly be dismissed as unsatisfied users, or users unfamiliar with the rules. RoboForex lets you use many Fx Country Club different ways to deposit and withdraw, including cards, e-wallets, and direct bank transfers. Customer Support is an important department for any broker who cares about the necessity of providing regular assistance to the traders.

Leverage

I think FreshForex is a good broker, been trading with them some years now, very good customer service, swift deposits and withdrawals. RoboForex’s support team certainly has a solid reputation and several years of experience, so clients should have no problem with their solutions. The company also offers Skype and Yahoo chats, though these are not instant services. In March 8.123 million positions were on offer in the Job Openings and Turnover Survey , the most on record. The GBP/USD chart offers multiple factors that make a bearish reversal more likely. Of course, any reversal analysis is always more risky because trends tend to be strong and continue.

The system looks complicated and not recommended for first traders. Mimicking the strategy is not at all that effective in generating profit. There are lots of complaints in the web about platform freezes, slippages and different issues for people who make a profit. Some said that you need to pay a fee to withdraw your money before reaching a trading volume which was indicated on RoboForex terms and condition. This RoboForex review will reveal the lies and wrong information it provides to traders in order to trick and attract them to sign up. RoboForex.com offer several very successful traders and was able to profit and get around 75% to 80% returns.

Are Roboforex Regulated?

The maximum withdrawal amount using the SEPA network is $50,000. On the other hand, the local bank transfers provide a faster processing time of just 1 day. RoboForex deposit and withdrawal process is fairly easy and offers a wide range of options, including bank transfers, credit cards, e-wallets, cryptocurrencies, and cash vouchers. In terms of trading platforms, RoboForex stands tall among its competitors.

If withdrawing $5 is a big issue for them what’s more if the trader is withdrawing a bigger amount. Although it may look like an attractive feature, we are having second thoughts to get behind it. The main complaints we have heard about is that the projected margins in RoboForex are not accurate with the real time results. In the above image, all the top 5 strategies are showing substantial gains. But, upon checking with other members who are presently trading and they reported that many of these projections are not at all reflected on their account.

Pocket Option Broker

Roboforex provides an opportunity to its dealers to close their trades in their given price. Aside from that, Roboforex doesn’t offer guaranteed stop loss. It majorly owes this standing to its incredible platform and wide selection of tools plus resources so that you may put money into capital markets. If you remain skeptical, you can open a eToro demo account and evaluate the trustworthiness of the platform on your own. The process to start trading withRoboforex is perhaps simple enough to be a cakewalk.

It helps the company to show one of the highest speeds of execution of orders among other brokers. This broker justifies its reputation fully as the most promising and young Forex company, and is able to become a reliable partner for every customer. RoboForex started its journey as an online forex trading broker in 2009. Since its establishment, the broker has managed to demonstrate itself as a well-regulated broker and gained trust from millions of traders with its excellence in financial trading services. One of the things that made me start an account with RoboForex was their promise of not charging any commission at all from any trades with the account I chose. As it turns out, in exchange for not charging any commission they tend to widen the spread on the instruments you trade on.

Promotions And Offers

In addition to the desktop-based application, CTrader is also available for ISO and Android platforms. R Trader account type is available roboforex review with RoboForex’s proprietary Web R Trading platform. There are almost products, and is the ideal account type for trading multi-assets.

This is highly disadvantageous for consumers on those platforms. However, this is much more prevalent in the case of Market Maker brokers who compete with users on the stage. Many less reputable brokers try to pressurise customers into bigger funding for premium services. Roboforex, on the other hand, is more concentrated on trading volume. Dealers can expect trading conditions to be just, honest and transparent. The more lots traded by the user, the further advantages will come along.

Who Are Roboforex?

The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Our Robo Forex review has noticed that the trading process is unclear and not transparent and the order of execution is not as fast as it should be. There are lots of things that are not clear with RoboForex which makes us suspect that RoboForex is scam. RoboForex did not approve a $5 withdrawal because they are asking the trader why did he open an account but did not trade. Aside from these some issues concerning withdrawals were reported.

Does Roboforex Accept Bank Transfers?

Posted by: Chauncey Alcorn