Revolutionize Your Forex Trading with RoboMarkets: A Comprehensive Review

RoboMarkets Reviews – Introducing RoboMarkets, a company that has experienced rapid growth over the past few years and now provides professional services to corporate and retail clients across Europe. This multi-asset broker firm offers trading on 6 markets and over 12,000 trading instruments. The company has offices in many countries and offers its services to clients all over Europe. Throughout its history, RoboMarkets has received many prestigious awards and certificates, which confirms the quality of their services and products. So, if you are looking for a reliable and innovative partner for trading in the financial markets, RoboMarkets could be the right choice for you.

RoboMarkets Review Content

The origin of RoboMarkets

Founded in 2012, the company’s main goal was to provide its clients with modern and efficient trading platforms. In the first years of its existence, RoboMarkets specialized in the Forex market, but gradually expanded to other markets and offered more and more trading tools to its clients.

In 2015, the company merged with the renowned investment firm RoboForex, which brought synergy effects and strengthened RoboMarkets’ position on the market. Since then, the company has been constantly growing and expanding its services to meet the needs and requirements of its clients.

Experience with Robomarkets

Robomarkets provides a user-friendly interface to its trading platforms that makes it easy for traders to navigate and execute trades. The platforms offer a clear and intuitive layout with customizable charting and analysis tools that can be tailored to the needs of individual traders.

For example, the MT4 and MT5 platforms offer a range of technical analysis tools such as indicators and charting tools that can be used to analyse market trends and identify potential trading opportunities. The cTrader platform, on the other hand, offers advanced order types such as limit orders, stop-loss orders and market orders, which can be useful for traders who want to have more control over their trades.

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In addition to trading platforms, Robomarkets also provides a web-based platform that can be accessed through any web browser without the need to download or install any software. This can be a convenient option for traders who want to access their accounts on the go or from different devices.

Buying Cryptocurrency

RoboMarkets has a wide range of cryptocurrencies available for trading, making it one of the most comprehensive cryptocurrency brokers on the market. The broker offers over 40 different cryptocurrencies, including popular coins such as Bitcoin, Ethereum, Ripple and Litecoin, as well as newer and emerging altcoins such as Chainlink, Polkadot and Uniswap. This wide selection of cryptocurrencies provides traders with a diverse range of trading options, allowing them to take advantage of volatility and price movements in different markets.

In addition to traditional cryptocurrencies, RoboMarkets also offers trading in stablecoins such as Tether and USD Coin. These stablecoins are pegged to the US dollar and provide traders with a stable alternative to traditional cryptocurrencies, reducing their exposure to market volatility. Traders can also trade cryptocurrency pairs against other cryptocurrencies and fiat currencies such as the US dollar and the euro, giving them flexibility and choice.

RoboMarkets provides traders with a number of resources to help them navigate the cryptocurrency market. The broker offers educational resources such as webinars and video tutorials on cryptocurrency trading, as well as technical analysis tools and market analysis reports. This helps traders make informed decisions and stay up-to-date with the latest market trends and developments.

Trading Tools

RoboMarkets provides traders with a range of trading tools to support their trading strategies. The platform offers advanced charting and technical analysis tools that allow traders to analyze market trends, identify trading opportunities and make informed decisions. The charting tools include a range of indicators and drawing tools that can be customized according to the trader’s preferences. In addition, RoboMarkets offers trading signals that are based on technical analysis, which can be useful for traders who are new to technical analysis or who want to supplement their own analysis.

RoboMarkets also provides a number of order types that allow traders to precisely execute their trading strategies. The platform offers market orders, limit orders, stop-loss and take-profit orders, as well as trailing stop orders and conditional orders. These order types allow traders to manage risk and maximize profits by automating trades based on specific market conditions.

In addition, RoboMarkets offers a range of trading strategies to suit different levels of experience and risk tolerances. The broker provides access to social trading, where traders can copy the trades of experienced traders, as well as algorithmic trading, where traders can use pre-programmed trading strategies to automate their trades.

Security

RoboMarkets’ commitment to security is reflected in the many measures it has taken to protect its clients’ funds and personal information. The use of SSL encryption technology ensures that data transmitted between clients and the platform is secure and private. The platform also stores client funds in segregated accounts with reputable banks, ensuring that client funds are segregated from the broker’s own operating funds. This provides an additional layer of protection for client funds in the event of a broker insolvency.

Further protection of client funds is also provided by RoboMarkets’ membership of the Investor Compensation Fund (ICF). The ICF is a third party compensation scheme that provides compensation to clients in the event that a broker becomes insolvent or unable to meet its financial obligations. It is an important insurance policy for traders who want to make sure their funds are protected and secure.

In addition, RoboMarkets conducts regular security audits and implements the latest cybersecurity protocols to identify and mitigate potential security threats. The platform also provides clients with access to two-factor authentication and other security tools to help secure their accounts. These tools help prevent unauthorized access to client accounts and reduce the risk of fraud and identity theft.

Overall, RoboMarkets’ commitment to security and the measures it has taken to protect its clients’ funds and data make it a trusted and reliable broker in the market.

Customer support 

RoboMarkets places great emphasis on customer support as they recognize that traders need fast and efficient assistance when using their platform. The broker offers a range of customer support options including live chat, email, phone and social media channels. This allows traders to choose the option that best suits their needs and preferences. The extensive FAQ section on the broker’s website is also a useful resource for traders looking for answers to frequently asked questions.

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In addition to various customer support options, RoboMarkets’ social media channels are also a valuable source of information for traders. These channels are regularly updated with news and information and can be used by clients to connect with other traders and share insights and experiences. The broker’s commitment to transparency and communication helps build trust among clients.

RoboMarkets Fees 

RoboMarkets is known for its transparent and competitive fee structure. The broker charges fees for trades and withdrawals, with fees for forex trades ranging from $0 to $20 per million dollars traded and fees for cryptocurrency trades ranging from 0.1% to 0.5% depending on the account type. RoboMarkets, for example, offers fee-free stock trading only on R StocksTrader accounts with 1:1 leverage. In addition to fees, RoboMarkets also charges a swap fee for holding positions overnight, which varies depending on the asset being traded. Depositing money, on the other hand, is free of charge at RoboMarkets.

Compared to other exchanges, RoboMarkets’ fees are generally considered reasonable. The broker’s fees for forex trades are in line with industry standards, and fees for cryptocurrency trades are generally similar to those charged by other brokers. The broker offers a variety of account types with different fee structures, so traders can choose the option that best suits their needs and trading style.

In terms of transparency, RoboMarkets clearly outlines its fee structure on its website and there are no hidden fees or charges. Traders can easily calculate their trading costs using the broker’s fee calculator, which is available on its website. In addition, the broker offers a number of educational materials to help traders understand how fees are calculated and how they can minimize their trading costs.

Account types

Broker RoboMarkets offers several types of accounts for forex and CFD trading, here are some of them:

1. Demo account – a free account that allows users to try trading on financial markets without the risk of losing money.
2. Pro-Cent account – this account is designed for beginners who are just learning to trade. In this account, the minimum trade volume is 0.01 lots and the minimum deposit is just $10.
3. Pro-Standard account – this account is designed for intermediate traders who already have some experience in trading on financial markets. The minimum deposit in this account is 100 USD.
4. ECN account – this account offers the best conditions for forex and CFD trading. Spreads on this account start from 0 pips and the minimum deposit is 500 USD.
5. R Trader account – this is an innovative trading platform that allows you to trade on more than 12 thousand instruments. This account is designed for advanced traders who already have extensive experience in trading on financial markets. The minimum deposit on this account is 100 USD.
6. Prime account – This account is suitable for professional traders with high trading volume who prefer the best possible trading conditions. The minimum deposit on this account is 5 000 USD and it is traded with micro and standard lots.

Payment options

RoboMarkets offers clients various payment options for making deposits and withdrawals. These include bank transfers, credit and debit cards, electronic payment systems such as Skrill, Neteller and WebMoney. Deposits are usually processed immediately or within a few hours, while withdrawals can take up to 3 business days to process. It is worth noting that RoboMarkets does not charge any fees for deposits but merchants may face fees for withdrawals, especially when using e-wallets.

RoboMarkets education

RoboMarkets offers a comprehensive range of educational resources for traders of all levels, including beginners. The platform’s educational courses cover a wide range of trading topics, from basic concepts such as opening and closing positions to more advanced topics such as technical analysis, risk management and trading psychology. These courses are designed to help traders improve their knowledge and skills, and are available in a variety of formats, including videos, articles and webinars.

One of the most useful elements of the educational resources offered by RoboMarkets is the Beginner’s Course, which is specifically designed for traders who are new to the markets. This course provides a step-by-step guide to the basics of trading, including how to use the platform, how to enter orders and how to read charts. It also covers key concepts such as market analysis and risk management, giving new traders a solid foundation on which to build their trading skills.

In addition to educational courses, RoboMarkets also provides a number of other resources to help traders make more informed trading decisions. These resources include trading calculators, economic calendars, and market analysis tools that can be accessed directly through the platform. In particular, the platform’s analytics tools can be very useful for traders who want to keep track of market trends and make informed trading decisions.

Strategic partnership- RoboMarkets x BMW and others

RoboMarkets has entered into several strategic partnerships that have helped it expand its offering and reach a wider audience. One notable partnership is with German football club Eintracht Frankfurt. RoboMarkets became an official partner of Eintracht Frankfurt in 2020 and as part of this partnership, the broker has launched a number of co-branded products and promotions. The partnership allows RoboMarkets to connect with loyal Eintracht Frankfurt fans and introduce its products and services to a wider audience.

Another interesting partnership has been entered into by RoboMarkets with BMW M Motorsport. The broker became an official partner of BMW M Motorsport in 2020 and as part of this partnership RoboMarkets sponsored the BMW M Motorsport racing team. This partnership has allowed RoboMarkets to increase its brand awareness by associating with one of the most successful motorsport teams in the world. It has also allowed the broker to introduce its products and services to a new audience of motorsport enthusiasts who are likely to be interested in trading and investing.

Overall, these strategic partnerships demonstrate RoboMarkets’ commitment to expanding its offering and reaching new audiences. By partnering with major sports teams and organizations, the broker is increasing its brand awareness.

Interesting facts about RoboMarkets 

An interesting fact about RoboMarkets is that this broker was the first in the industry to introduce a negative balance protection feature. This feature ensures that traders cannot lose more than their account balance, even in the event of extreme market volatility or unexpected events. This innovation reflects RoboMarkets’ commitment to protecting its clients and ensuring a safe trading environment. The negative balance protection feature has since become an industry standard and is now offered by many other brokers.

Another interesting fact about RoboMarkets is that the broker has won numerous awards for its excellent service and platform. For example, in 2023, the broker won the “Safest Broker in Europe” award at the London Trader Show Awards. RoboMarkets has also been recognized for its trading platforms, winning “Best Mobile Trading Platform” at the Professional Trader Awards 2022 and “Best Stock Trading App” at the Jordan Financial Expo & Awards 2022.

RoboMarkets also offers the unique trading platform we mentioned earlier, R Trader, which provides access to over 12,000 trading instruments across various asset classes, including stocks, ETFs, cryptocurrencies and forex. R Trader offers advanced charting tools, customizable layouts, and automated trading strategies, making it an ideal platform for both novice and experienced traders.

Conclusion 

RoboMarkets is a well-established and reputable broker that provides a wide range of trading services to clients from all over the world. With its advanced trading platforms, including the popular MetaTrader 4 and 5 platforms and the innovative R Trader platform, RoboMarkets offers a comprehensive suite of charting and technical analysis tools, automated trading strategies and customizable trading interfaces. These features make RoboMarkets the ideal platform for traders of all experience levels, from beginner to advanced.

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In addition to its innovative platform offerings, RoboMarkets is committed to providing a secure trading environment for its clients. The negative balance protection feature at this broker ensures that clients are protected from excessive losses, and the use of SSL technology ensures that client information and transactions are secure. RoboMarkets also conducts regular security audits to ensure that its systems and procedures are up to date and effective.

RoboMarkets has won several awards for its outstanding services and platforms, demonstrating its commitment to innovation and excellence in the industry. The broker’s strategic partnerships with major sports teams and companies such as Eintracht Frankfurt and BMW M Motorsport further enhance its credibility and reputation in the industry.

Overall, RoboMarkets is a broker that offers competitive fees, good customer support and a wide range of trading services and tools. Its commitment to providing a secure trading environment, its innovative platform offerings, and its strategic partnerships with major companies and sports teams make it a broker worth considering for traders of all levels.

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