RoboForex is a forex company based in New Zealand and it is registered as a company that gives services to traders in various parts of the globe. The broker is housed in Auckland in New Zealand. This company has representative offices ad sales centers in other parts of the countries that includes the Russian Federation, Thailand, and Indonesia and in Hong Kong as well. The services of the brokers are controlled by the CySEC. RoboForex offers you a lot of account varieties that includes the Fix Cent, Fix Standard, Pro Cent, Pro Standard and others. The standard accounts starts from $50, while the NDD or the ECN stars from $1,000. The leverage usually starts from 10:1 until it went up to more than 500:1 with low and stiff spreads fluctuating from 3.0% – 3.5%. Those with customers depositing more than $300 RoboForex provides free VPS service. Aside from the trading currency pairs, the brokers will also give the customers more than 200 trading tools like energies, indexes, stocks and precious metals. The broker’s trading platforms are MT4, MT5 and cTrader as well.
The brand has started in 2010 in its HQs in Auckland in New Zealand. This is owned and is duly registered with the Financial Service Provider in the said country.
Bonuses and special offers
The traders who use RoboForex may expect to get some bonuses and then join in the promos of the company. Some of which are….
1. The general deposit bonus will be more than 35% of the account deposit. This will also be the same for newbies.
2. There will be 50% of credit card deposit bonus for those who will use the Pasta Banka cards for the deposits.
3. There is a welcome bonus of 3.0 coupons and these are given to heavy traders to give them the chance to deposit around $15 no deposit bonus to another account owner. This is suited for traders who also double the affiliate partners of the company, since they use them as an incentive for the clients that they have referred to.
Kinds of Trading Accounts
What account sorts are accessible on Roboforex? Account sorts can be comprehensively grouped into the expert records, and the retail account sorts.
a) ECN-Pro: This is the traditional ECN-Pro record which includes gliding spreads, 5 digits valuing with No Dealing Desk market execution. There is no base store, 48 cash sets can be exchanged alongside spot gold and silver, and influence of up to 1:200 can be utilized. Edge get and stop out levels are set at 60% and 40% separately. The stage supports the utilization of master counselors and scalping as a type of exchanging.
b) ECN-Fix: This is an expert ECN-style exchanging account which gives customers coasting spreads, moment execution without managing work area impedance, high liquidity gave by Currenex and high commissions for presenting intermediaries without Minimum Trade Points. It is useful for hawkers and gives 5-digit evaluating. Different conditions are as reachable for ECN-Pro records.
a) Fix Cent: This is the small scale account. Least request volume is 0.1 parcels. Stop out level is 10% and brokers are qualified for swaps. 37 cash sets including metals can be exchanged.
b) Fix Standard: This is the standard forex small record. This record sort includes an altered spread, 4-digit estimating framework and an Instant execution mode. Influence level is up to 1:500. Least request volume is 0.01 parts with an augmentation of 0.01 parcels in the request size. Most extreme request volume is 100 parcels.
c) Pro Cent: This is a miniaturized scale account with master conditions. Exchange conditions are concerning the Fix Cent account, however with a coasting spread and the capacity to exchange up to 48 coin sets.
Exchanging Platform Features
RoboForex merchants can exchange on any of these stages:
a) MetaTrader4: its customers are given the opportunity to exchange forex on the improved MetaTrader 4 terminal. All record sorts can be exchanged on this stage.
b) RoboForex MultiTerminal – The multiterminal suits account administrators and the individuals who claim different records extremely well. All record sorts can be exchanged here.
d) cTrader and Currenex Viking Trader: For the expert brokers, the cTrader and CX Viking stages are accessible. Both stages are utilized by the ECN Fix and ECN Pro record holders. The main distinction in the two stages is that 2 unique organizations deliver the stages. The conditions for exchanging are all the same; simply that the two stages are diverse in look, feel and design.
Training and Demo Accounts
Roboforex guarantees that new brokers don’t get lost when they go to their stages surprisingly. That is the reason various instructive materials have been put out on their site:
an) A forex training video
b) Series of webinars which are held occasionally.
c) Online lessons
d) Practical preparing for brokers who can make it to the Roboforex base camp.