When it comes to looking for the perfect broker, how many of you will be swayed with amazing offers? Possibly quite a few of you, which is why we chose our title. However, there are many who won’t be looking for something for free, and will be looking for top quality service. Other will be interested in tight spreads, and others in great leverage. For all these and more keep reading our RoboForex review.
RoboForex is a licensed and regulated broker, operating out of Limassol, Cyprus. As such, it comes under the jurisdiction of CySEC, but it is also registered as a legal investment company in a number of other countries. Such as the UK, Germany, France, Germany, and Spain.
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What RoboForex offers for investment
RoboForex offer traders something a little different from the usual Forex broker. It has two additional investment platforms, designed to provide traders with a comfortable environment for both trading and investing.
CopyFX – Traders are given the opportunity to copy traders from around the world, and benefit from their trading. Copy trading has become a very popular form of investment, not just for those who have little experience, but also for those who don’t want to learn the ins and outs of how to trade. And it also gives successful traders the opportunity to share their experiences, when they aren’t comfortable with taking responsibility for other people’s money.
RoboForex – RoboForex uses a risk allocation management model that protects traders from losses, but doesn’t decrease the profitability of investments. You simply specify an acceptable level of losses, while still having complete control of your account.
A number of different trading accounts are also available
Fix-Standard account – No minimum deposit, spread fixed from 2 points, maximum leverage 1000:1, tradable deposit bonus up to 50%, classic deposit bonus up to 115%, and up to 10% on account balance, 31 currency pairs, and metals.
Pro-Standard account – No minimum deposit, 1000:1 leverage, spread floating from 0.4 points, 34 currency pairs and metals, and all the bonuses that are mentioned for the Fix-Standard account.
ECN-Pro NDD account – No minimum deposit, commission for 1 million USD of trading volume $20, maximum leverage 300:1, minimum order volume 0.01 lots, cashback rebate of up to 15% of commission, up to 10% bonus on account balance, 34 currency pairs, metals, and CFDs.
ECN-FixSpread NCC account – No minimum deposit, spread fixed from 1.6 points, maximum leverage 300:1, minimum order volume 0.01 lots, 13 currency pairs and metals.
Fix-Cent account – No minimum deposit, spreads fixed from 2 points, maximum leverage 1000:1, minimum order volume 0.01 lots, cashback of up to 1.5% of spread, tradable deposit bonus up to 50%, classic deposit bonus up to 115%, up to 30% on account balance, 31 currency pairs and metals.
Pro-Cent account – No minimum deposit, spreads floating from 0.4 points, maximum leverage 1000:1, minimum order volume 0.1 lots, cashback and bonuses are the same as those mentioned for the Fix-Cent account, 34 currency pairs and metals.
Demo accounts – There are a number of different demo accounts available, giving new clients the chance to try out a range of different trading platforms and the features of a number of different accounts. We’d advise all new traders to try with a demo account first, before risking real money, and definitely before taking advantage of the huge leverage offered by RoboForex.
RoboForex has a great number of bonuses
We’ve briefly touched on a few of the great bonuses on offer, but there are plenty more. So let’s help put it into perspective by giving you a complete list. The bonuses and promotions currently available at the time of writing this RoboForex review are as follows:
- $30 welcome bonus – Available when new account has been verified
- 50% tradeable bonus – As much as $6,000 of bonus funds available
- Up to 115% deposit bonus – The more you deposit the bigger the bonus
- Leverage 1000:1
- Deposits can be made without any commission
- Free withdrawal of funds
- Up to 10% on account balance
- Forex rebates (Cashback)
- VIP client program
- Free of charge VPS server
- Funds autowithdrawal
- Welcome bonus 3.0 program
RoboForex has an extensive offering for beginners
RoboForex hold the hands of beginners every step of the way. From registering and opening an account and explaining the principles of how to trade, right up to more complex subjects such as analysis and how best to use Expert Advisors.
Customer support is offered on a 24/7 basis, and the team can be reached using email, telephone, live chat, or by requesting a call back. There are a number of country specific telephone numbers and the website is available in 13 other languages, so most traders will be able to get the help they need.