Information should not be considered as an offer or enticement to buy, sell or trade. U.S. Government Required Disclaimer – Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets.
Even newbie traders can quickly learn where the charts, account info, and watch lists are. The one thing that makes the platform somewhat difficult to use are its cumbersome charts. A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight.
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The volume-based cash rebate program lowers the competitive costs further, and there is no inactivity fee at RoboForex. Your eligibility for deposit bonuses at RoboForex may depend on which of the broker’s entities holds your account and/or your country of residence. Tight floating spreads and the biggest set of trading instruments without any requirements to a minimum deposit. RoboForex claims that the Prime account type offers the most favourable trading conditions among all the options available at the company. Beyond trading, offers an affiliate program, enabling users to earn by referring others to the broker. Additionally, their multilingual support team is available 24/7 to assist traders with any issues.
Does RoboForex Offer Low Fees?
The company ensures it fulfills its responsibilities by offering clients the latest trading products, innovative data transmission developments, and advanced trading functionality. xcritical While the bonus amounts added to the deposit cannot be withdrawn, they are available for trading. RoboForex prioritizes reliability and client satisfaction, making it a trusted partner for traders globally.
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It supports excellent charting platforms including MetaTrader 5 and offers zero-spread ECN accounts, making it attractive to both novice and professional traders. High leverage options further enhance its appeal, though they also increase risk. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs.
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Yes, xcritical RoboForex customers can request to alter account types by contacting the customer care service. Furthermore, the account does not allow for Islamic swap-free options, although it offers cashback incentives instead of deposit bonuses. By prioritizing providing excellent trading services, RoboForex has secured its position as a noteworthy player in the financial industry since its establishment in 2009. All content on this site is for informational purposes only and does not constitute financial advice.
- Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available.
- Beyond trading, offers an affiliate program, enabling users to earn by referring others to the broker.
- According to my findings, the combination of zero commissions and floating spreads from 1.3 pips on RoboForex’s Pro and R StocksTrader accounts slightly exceeds the industry average.
- On the downside, RoboForex is authorized by the International Financial Services Commission (IFSC) in Belize.
Provides a variety of account types for traders to choose from, including standard options like EUR and USD, as well as unique options such as gold. By using an account funded with gold, traders can profit from both trading activities and fluctuations in gold prices, a reliable protective asset. The minimum deposit requirement is $10 for most accounts, except for R StockTrader, which requires $100.
All other general trading requirements remain intact while offering an opportunity in Forex markets strictly aligned xcritical with Islamic financial practices. Overall, RoboForex can be summarised as a trustworthy and highly regulated Forex Broker that provides excellent trading services. RoboForex offers access to top-tier customer support and has a trust score of 94 out of 99.