Most renowned specialists on the Financial Market acknowledge the RoboForex Group, which has been functioning since 2009 via two world-presented entities: RoboForex with service all over the globe and RoboMarkets Ltd. in Cyprus, which serves EU and EEA nations.
Throughout its existence, the broker has served a large number of customers from all over the globe and has earned some notoriety for its sophisticated trading proposition and customized conditions for traders of different styles, trading sizes, and portfolios. In addition, RoboForex’s proposition has a wide selection of trading software and platforms from which to choose, including industry-leading MetaTrader, ctrader, and the company’s own unique RTrader platform.
RoboForex also conducts a ContestFX – the contest initiative of a new kind, apart from the many created technologies that provide solutions via trading. Here, you may win real trading money by participating in contests using weekly and monthly demo accounts.
RoboForex Pros and Cons
Trading with RoboForex via a Cyprus company is deemed secure because of the broker’s reputation for reliability. Because of this, there is a wide variety of trading platforms, account types, free unique trading indicators, and research tools available to traders of all experience levels. The broker also has technical solid trading skills, making it ideal for even the most experienced traders.
On the other hand, an offshore company offers a worldwide proposition with different criteria, more significant trading costs for Stock CFDs and no round-the-clock assistance.
Do you know whether RoboForex is a fraud or not?
Since the European CySEC regulates RoboForex, it is regarded as a low-risk trading environment. However, if the broker is exclusively an offshore company, it is best to avoid dealing with them due to the high level of risk.
Is RoboForex a reliable trading platform?
It is a European entity broker licensed by the CySEC and a worldwide forex brokerage registered in Belize under the RoboForex Group’s name, including RoboMarkets Ltd, a RoboForex Group RoboForex Ltd.
We do not recommend trading using offshore brokers because of the absence of regulatory limitations. Still, including a license from a respectable country improves the situation and enables us to view RoboForex as a safe broker with whom traders may engage in trades.
What safeguards do you have in place?
Regulators demand protected and fair-trade environments, as well as frequent audits, which may result in fines for companies that violate or deceive them. There are many laws that implementations violated because of regulatory obligations.