RoboMarkets Review – Low minimum deposit, but only in the Czech language

RoboMarkets.cz is a forex broker that offers CFDs on stocks, indices, commodities, and cryptocurrencies in addition to currency pairs. This company is licensed in Europe by the regulatory authority CySEC. The minimum deposit with the broker is set at $100.

RoboMarkets – Broker overview

Minimum deposit	100 USD
Regulated broker	Yes
Regulation	CySEC
Trading platform	MT4, MT5, Vlastní
Demo account	Yes

RoboMarkets also offers automated trading, and online webinars to improve your trading skills.

RoboMarkets Trading Platform

RoboMarkets offers its clients a total of 3 trading platforms – MT4, MT5, and R Trader. The first two platforms provide access to approximately 100 CFD instruments, while RoboMarkets’ own trading platform – R Trader – includes access to up to 11,700 underlying assets. The broker also offers a social system CopyFX, which allows copying trades of other broker traders. All platforms can be used from a web browser or downloaded to a PC/mobile.

RoboMarkets fees

Just like any other CFD broker, RoboMarkets charges a spread fee. For the current value of this fee, please visit the RoboMarkets website. We have prepared a small comparison table here, where you will find the number of RoboMarkets spread fees on popular currency pairs compared to 2 other popular CFD brokers.

	EUR/USD	USD/JPY	GBP/USD	AUD/USD
RoboMarkets	1.4	2.0	2.0	2.1

Advantages and disadvantages summary

RoboMarkets must adhere to the strict regulatory guidelines of the CySEC regulatory authority. The broker offers a total of 3 trading platforms, but unfortunately, you won’t find as many underlying assets on MT4 and MT5 as on the R Trader trading platform. The spreads that the broker charges are decent and comparable to the competition. The company also hosts online webinars, which are free to attend. You can check out more reviews of Gulf Brokers Ltd here.

Cons:

• In Czech only
• Small amount of underlying assets

Pros:

• Free demo account
• Regulated and licensed
• Over 800 instruments available
• Online webinars
• Responsive and reliable in communication

RoboMarkets Review – Broker rating