RoboMarkets Information
RoboMarkets is a brokerage firm regulated by CYSEC, which offering a diverse range of trading instruments across different asset classes. With access to stocks, indices, forex, cryptocurrencies, ETFs, commodities, precious metals, and energy, traders have a wide selection to choose from. The broker provides various account types, including Prime accounts, ECN accounts, R Stocks Trader accounts, and ProCent accounts. Additionally, RoboMarkets offers multiple trading platforms like MT4, MT5, StocksTrader, MobileTrader, and WebTrader.
Pros & Cons
Is RoboMarkets Legit?
Yes, RoboMarkets is regulated by Cyprus Securities and Exchange Commission (CYSEC).
Market Instruments
RoboMarkets offers trading in stocks, indices, forex, cryptocurrencies, ETFs, commodities, precious metals, and energy.
- Stocks: RoboMarkets provides access to a wide selection of stocks from global exchanges, allowing you to invest in individual companies and participate in their growth and dividends.
- Indices: You can trade popular stock market indices like the S&P 500, NASDAQ, Dow Jones, FTSE 100, and more. Indices represent the performance of a group of stocks and allow you to speculate on the overall direction of the stock market.
- Forex: RoboMarkets offers a comprehensive range of currency pairs, including major, minor, and exotic pairs. Forex trading allows you to speculate on the exchange rate fluctuations between different currencies.
- Cryptocurrencies: You can trade a variety of cryptocurrencies, such as Bitcoin, Ethereum, Ripple, Litecoin, and many others. Cryptocurrency trading enables you to speculate on the price movements of digital currencies.
- ETFs: RoboMarkets provides access to exchange-traded funds (ETFs), which are investment funds that trade on stock exchanges. ETFs offer exposure to a diversified portfolio of assets, such as stocks, bonds, or commodities.
- Commodities: You can trade commodities like gold, silver, crude oil, natural gas, and agricultural products. Commodities trading allows you to speculate on the price movements of these physical goods.
- Precious Metals: RoboMarkets offers trading opportunities in precious metals like gold, silver, platinum, and palladium. Precious metals are often sought after as a safe-haven investment and a hedge against inflation.
- Energy: Trading energy commodities includes products like crude oil, natural gas, and heating oil. These markets are influenced by factors such as global supply and demand, geopolitical events, and weather conditions.
Account Types/Fees
RoboMarkets caters to the diverse needs of traders by providing five account types to choose from.
Prime accounts are tailored for traders who prefer a traditional market execution model with no requotes.
For those seeking direct access to the interbank market and enhanced trading conditions, ECN accounts are available. These accounts offer deep liquidity and fast execution, ensuring that trades are executed swiftly and with minimal slippage. With ECN accounts, traders can benefit from tight spreads and trade without the interference of a dealing desk. This account type is well-suited for traders who value transparency and want to take advantage of market depth. Similar to Prime accounts.
RoboMarkets also offers R Stocks Trader accounts, which are specifically designed for stock trading. Traders using R Stocks Trader accounts gain access to a diverse selection of stocks from global exchanges. This allows them to invest in individual companies and potentially benefit from dividends and capital appreciation. With competitive trading conditions and a focus on stocks, R Stocks Trader accounts provide a dedicated platform for stock enthusiasts.
For traders who prefer algorithmic trading and trading with smaller volumes, ProCent accounts are available. These accounts offer a cent-based trading environment, allowing traders to execute trades with lower investment amounts. They are ideal for traders looking to automate their trading strategies or practice with smaller position sizes.
RoboMarkets offers another type of account known as “For accounts”. These accounts are designed to accommodate traders with different budget sizes and preferences.
The minimum deposit requirement for all account types is 100 USD, EUR or equivalent in CZK.
Trading Platforms
RoboMarkets offers five account types, including MT4, MT5, StocksTrader, MobileTrader, and WebTrader.
- MetaTrader 4 (MT4): MT4 is a widely recognized and popular trading platform in the industry. It provides a comprehensive set of tools and features for trading various financial instruments, including forex, commodities, indices, and cryptocurrencies. MT4 offers advanced charting capabilities, customizable indicators, automated trading through Expert Advisors (EAs), and a user-friendly interface. It is known for its stability, flexibility, and extensive library of trading tools.
- MetaTrader 5 (MT5): MT5 is the successor to MT4 and offers an enhanced trading experience. It includes all the features of MT4 but with additional functionalities and asset classes. In addition to the instruments available on MT4, MT5 also allows trading of stocks and futures. It offers advanced order types, an economic calendar, a built-in news feed, and a powerful strategy tester. MT5 is designed to cater to the needs of both novice and experienced traders.
- StocksTrader: StocksTrader is a specialized trading platform provided by RoboMarkets specifically for stock trading. It offers access to a wide range of global stocks, allowing traders to invest in individual companies. StocksTrader provides real-time market data, advanced order types, customizable watchlists, and in-depth stock analysis tools. It is designed to meet the specific requirements of stock traders and offers a seamless trading experience.
- MobileTrader: MobileTrader is a mobile trading platform offered by RoboMarkets. It is available for both iOS and Android devices, allowing traders to access their accounts and trade on the go. It is a convenient solution for traders who prefer to monitor and manage their trades using their mobile devices.
- WebTrader: WebTrader is a web-based trading platform that allows traders to access their accounts and trade directly from their web browsers. It eliminates the need for downloading and installing additional software. It provides flexibility and convenience for traders who prefer to trade from any computer with internet access.
Trading Tools
- R StocksTrader Auto Strategy Editor: RoboMarkets offers the R StocksTrader Auto Strategy Editor, which is a tool designed specifically for stock trading. It allows traders to create and customize automated trading strategies without the need for programming knowledge. Traders can define their trading rules, set conditions, and specify entry and exit points for their automated strategies.
- Business Calculator: The Business Calculator provided by RoboMarkets is a useful tool for traders to calculate various financial metrics and evaluate trading opportunities. It offers functionalities such as pip value calculation, margin calculation, profit/loss calculation, and position size calculation.
- Financial Charts: RoboMarkets offers advanced financial charts that provide comprehensive market analysis and insights. These charts come with a range of technical indicators, drawing tools, and timeframes, allowing traders to analyze price movements, identify patterns, and make informed trading decisions.
Deposits & Withdrawals
Deposit
Withdrawal
Customer Service
Frequently Asked Questions (FAQs)
What trading instruments can I access through RoboMarkets?
RoboMarkets offers trading in stocks, indices, forex, cryptocurrencies, ETFs, commodities, precious metals, and energy.
Which trading platforms can I use with RoboMarkets?
MT4, MT5, StocksTrader, MobileTrader, and WebTrader.
Is RoboMarkets regulated?
Yes, RoboMarkets is regulated by CYSEC (Cyprus Securities and Exchange Commission).
