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RoboMarkets Broker Expert Review
RoboMarkets is a multi-asset online broker that offers trading services for stocks, forex, indices, ETFs, commodities, and cryptocurrencies. This review will delve into the various aspects of RoboMarkets, including its trading platforms, account types, customer service, and more. We aim to provide a comprehensive and unbiased review to help traders make an informed decision.
Company Overview
Established in 2012, RoboMarkets is a European broker regulated by the Cyprus Securities and Exchange Commission (CySEC). The company has grown significantly over the years, offering a wide range of financial instruments and attracting traders from all over the world.
Trading Platforms
RoboMarkets offers a variety of trading platforms to cater to the diverse needs of its clients. These include MetaTrader 4, MetaTrader 5, R Trader, and cTrader.
MetaTrader 4 and 5
MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are among the most popular trading platforms in the forex industry. They offer advanced charting tools, numerous technical indicators, and automated trading capabilities through Expert Advisors (EAs).
R Trader
R Trader is a web-based platform developed by RoboMarkets. It offers a user-friendly interface, advanced charting tools, and a wide range of technical analysis indicators. One of its unique features is the Strategy Builder, which allows traders to create and backtest their own trading strategies.
cTrader
cTrader is a platform designed for CFD and forex trading. It offers fast order execution, level II pricing, and advanced order types. It also provides a comprehensive charting package and a wide range of technical analysis tools.
Account Types
RoboMarkets offers several account types to cater to different trading styles and levels of experience. These include the Pro Standard, Pro Cent, ECN Pro, Prime, and R Trader accounts.
- Pro Standard: This account type is suitable for both beginners and experienced traders. It offers competitive spreads, no commission on trades, and a minimum deposit of $10.
- Pro Cent: This account is designed for beginners and those who want to test trading strategies. It offers trading in cent lots, allowing traders to trade with smaller volumes.
- ECN Pro: This account is designed for experienced traders and offers lower spreads and a commission per trade. It requires a minimum deposit of $100.
- Prime: This account offers the best trading conditions, including ultra-low spreads and a commission per trade. It requires a minimum deposit of $5,000.
- R Trader: This account is designed for stock trading and offers access to the R Trader platform. It requires a minimum deposit of $100.
Customer Service
RoboMarkets offers customer support 24/7 via live chat, phone, and email. The customer service team is multilingual and known for its prompt and professional responses. The broker also provides a comprehensive FAQ section on its website to help clients find quick answers to common questions.
Education and Research
RoboMarkets provides a wide range of educational resources, including webinars, tutorials, articles, and an extensive glossary of trading terms. These resources are designed to help traders of all levels improve their trading skills and knowledge.
The broker also offers a variety of research tools, including market analysis, economic calendar, and trading calculators. These tools can help traders make informed trading decisions.
Conclusion
In conclusion, RoboMarkets is a reputable broker that offers a wide range of trading services. Its diverse trading platforms, variety of account types, and comprehensive educational resources make it a suitable choice for traders of all levels. However, as with any broker, it’s important for traders to do their own research and consider their individual trading needs before opening an account.
