RoboForex is a name often heard among the few known best forex platform, and why wouldn’t it be? After all, it is globally recognized by many pioneer finance specialists.
Robo Forex embarked on its journey in 2009 and is now providing its service worldwide while its headquarters are located in Cyprus.
Throughout the past, RoboForex has been deeply indulged in providing the best operation and services to their clients and customers and gained a reputable name for advanced training proposals and providing the most appropriate conditions to portfolio traders.
Lately, the RoboForex proposal has been known as a decent scope of trading or stages where you can choose between industrial known.
MetaTrader, cTrader, or restrictive RTrader.
Leverage:
So if you hold fast to utilize high leverage levels with a reason to expand your benefits, RoboForex certainly will help you. Influence might build your potential knowledge conveniently through its likelihood to numerous underlying records, yet try to figure out how to utilize leverage effectively, as this influence might expand your potential misfortunes as well.
RoboForex leverage levels are additionally controlled by different measures and are set in agreement with administrative necessities.
- Exchanging with the worldwide RoboForex element, you can apply for leverage 1:400, 1:500, or even a limit of 1:2000 by affirming your expert status.
- On the off chance that you are an occupant of Europe or exchanging with the Cyprus element of RoboForex naturally, you will agree to ESMA guideline, which brought the leverage down to the greatest proportion of 1:30 on Forex instruments and 1:5 for Cryptocurrencies, and The list goes on.
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Security:
RoboForex applies for negative equilibrium insurance, securing your stores from misfortunes, while all dealers’ assets are consistently kept in significant banks in solo records. Also, the last point is that the organization is a member of The Commission’s Compensation Fund that gives protection inclusion to the dealers, which settles on it as a solid decision as indicated by CySEC rules.
Also, RoboForex carried out a Civil Liability protection program for a restriction of 5m EUR, which incorporates market-driving inclusion against misrepresentation, mistakes, carelessness and, or different dangers that might prompt monetary misfortunes of customers.
Pros:
- Proficient operation in the past.
- Various accounts and currencies
- Exclusive trading highlights
- Reasonable fees
Cons:
- Global proposals take time to pass-through
5 Point Summary:
Regulations: Cyprus Securities and Exchange Commission (CySEC)
Minimum Deposit: 1
Countries that RoboForex doesn’t operate in: US and Japan
Headquarters: Cyprus
Originated in: 2009
Final Verdict:
Even though many people advice not to engage with offshore brokers. We found RoboForex completely legitimate due to its reputable regulations and license.
Robo Forex has been in the financial market for 12 years now and has lived up to their word. Considering that your funds can in no way be accessed by the broker make us confident to say that RoboForex forex broker is indeed worth a try.
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