Moving to the markets offered, it is important to note that not all assets may be available depending on your location. You should double-check this with the broker if you are unsure.
There are in total more than 40 FX currency pairs to trade. The spread here starts from 0 pips depending on your account type.
There are over 100 commodities in total available to trade. This number includes many soft commodities like cocoa, coffee, corn, wheat, sugar, soybean, and fruit while you can also trade 2 energy commodities in the form of Brent and WTI oil.
Gold and Silver CFDs can be traded as can many ETFs focused around Gold, Palladium, Silver, and Platinum. In total, you will find more than 20 metals ETFs available.
In excess of 10 major indices are offered for trading here as CFDs. The average spread starts is 0.5 pips on ECN and Prime accounts.
A huge number of stocks are available to be traded on every account type except the ProCent account.
There are more than 12,000 assets available with the R StockTrader account, 8,000 of which are stock CFDs, and more than 3,500 of which are real assets including the likes of Amazon, Facebook, Siemens, Netflix, Apple, Alphabet, and many other big names.
Again ETFs can be traded with all account types except the ProCent account. There are more than 1,000 ETFs to choose from and the spread starts from rock bottom at 0 pips.
Cryptocurrency trading is possible with all account types except for the ProCent account. Here you will find both Ethereum and Bitcoin against the USD and Euro.
CFD Russian GDRs
CFDs on Russian GDRs can be traded with all accounts except for the ProCent account. 13 in total are available and the spreads again start from 0 pips.
Execution, leverage and position sizing
There are many trading features you will encounter along your journey with the broker. Now we will take a closer look at each one.
Roboforex is a market maker broker that also offers ECN accounts and provides for market execution throughout to all traders.
The amount of leverage available will vary depending on the regulation you are trading under, the assets you are trading, and the account type you are using. The maximum leverage offered is 1000:1 on forex on MT4/MT5.
As a new client under IFSC regulation, it is possible to increase your leverage to 2000:1 on Pro and ProCent accounts by opening a new account through your members’ area.
Between 11:00 PM (EET) Friday and 1:00 AM (EET) Saturday and if the equity on the account exceeds $5000 or equivalent, the leverage is set back to 1000:1.
The maximum leverage available on an R StockTrader account is 20:1 on stocks.
The general minimum lot size you will find at the broker is 0.01 lots with the exception of the ProCent account which is 0.1 lots.
Risk management is vital in trading. To this end, you will be able to access a number of tools through your trading platform like setting stop losses, take profits, limit orders, and trailing stops to manage your positions.
The broker also utilizes a margin call to help you control your levels of account equity if you are trading on leverage.
Trading hours for forex will be 24/5 when the market is open. Commodities are typically 23/5 with an hour break, while for other assets this will depend on the asset itself and the market hours of the exchange you are trading on.
For example, if you are trading US stocks the hours will differ from trading assets in Asia or Europe.
Forbidden trading techniques
Roboforex is open and flexible when it comes to accepting a variety of trading techniques. This means you can use the EAs feature of your MetaTrader platform as well as engage in hedging, and scalping. You will also have 24/7 access to their proprietary VPS should you want it.
Platforms & Mobile
Trading platforms are your windows to the market. They are therefore an integral part of your broker experience. Here is what you can expect to find from Roboforex in this regard.
Charting and Trading tools
You will have access to a great range of charting tools and indicators through some of the best trading platforms in the industry. cTrader, Roboforex terminals (mobile and web), and RStocksTrader as well as MT4 and MT5 offer more than 50 indicators and dozens of charting tools as standard.
Each one of these platforms is highly customizable and one-click trading is widely possible also.
MetaTrader 4 is a longstanding and massively respected platform in the industry. Here you will have access to a robust and user-friendly platform on desktop, web, and mobile that is powerful with more than 50 indicators and tools available.
For auto trading, there is also the very popular EAs feature and 3 types of order execution in a secure and stable setting.
MetaTrader 5 offers much of the same credibility and excellence as MT4 but includes 4 types of order execution along with 6 different types of pending orders. The EAs feature can again be used and the platform is also available via desktop, web, and mobile.
Use of the broker VPS is available until 31st December 2021 if you deposit or have $500 into your MT5 account.
cTrader is another hugely respected trading platform you will have access to. Here you will again find a multitude of indicators and tools, 54 technical indicators in total are here and you will have 14 timeframes to view and trade within.
The trading experience is again highly customizable with the ability to create your own instrument list and engage in auto trading through the cAlgo feature. cTrader is a very popular trading platform with scalpers and is available with ECN and Pro accounts for desktop, web, and mobile.
You can use the R StocksTrader platform as a web-based platform and you will find a very user-friendly offering that is intuitive and easy to get to grips with. The visually attractive platform gives you access to advanced watchlists and the ability to trade directly from charts.
Here too you will be able to use the free automated strategy builder in creating trading algorithms with features to help you to reduce manual trading time. There is also a huge range of tradable assets you will choose from.
This includes more than 12000 stocks, indices, and ETFs featuring bonds and securities.
Finally, there is are the Roboforex Terminals that are available via web trader (R WebTrader) and mobile trading app (R MobileTrader) . Here you will have access to an additional 13 technical indicators and 9 graphic and charting tools to help with trading.
Making a deposit to your account can be conveniently done through the terminal without even having to log into your member’s area.
The terminals are also very flexible, with R WebTrader you can trade on all types of MT4 accounts, and using R MobileTrader you can contact the support team directly through the app at any time they are available. Perfect for trading on the move.
Special features you can find on Roboforex
These are some of the other products and features you will find on offer from Roboforex:
R Trader Strategy Builder
The R Trader strategy builder is a free tool that can help you set up and automate your trading strategies in just a few clicks. It is easy to use with no need for a download or any additional software or code and you will even be able to run tests before running your strategy for real.
The trading calculator tool is useful for helping you make calculations online and using a number of parameters.
You can use it to evaluate your strategy effectiveness quite quickly with just some basic data and you will be able to enter information like ticker, lot, leverage, and account currency prior to determining results.
Bonuses and Promotions
There can be many bonuses available including the 120% deposit bonus for your first and following deposits. You also have a chance to win up to $50,000 depending on how much your deposit.
As a new trader, there is a $30 welcome bonus if you are opening a Pro or Pro Cent account. There is also a profit share bonus that can increase your deposit by as much as 60% on the same account types.
From July 2021 to April 2022 over 500 prizes from $1,000 to $20,000 will be given to traders who join the promotion according to winning combinations based on the closing prices for stocks on the first Friday of each month.
Up 10% on Account Balance
Further to what has already been mentioned, you can qualify to receive up to 10% of your account balance as a bonus based on your monthly trading volume. The is allocated as 2.5% for trading between 1-10 lots, 5% for between 10-1,000 lots, and 10% for more than 1,000 lots traded.
There is also a Roboforex cash rebates program available on all account types. This again is based on your volume and details are in the table below.
||more than 3,000 lots
||On the revenue
||On the revenue
||On the commissions paid
||On the commissions paid
There are many free contests you can enter if you are using a demo account. These change in type and condition over time and depending on your location so it is worth keeping an eye on the broker’s website for updates.
Free VPS Server
Use of a VPS is offered for free if you trade at least 3 standard lots. Other than that, you’ll pay a monthly fee of $5 for using it. This can be used 24/7 from anywhere and gives you access to a high-speed server ideal for auto trading strategies.
Social Trading – Copy Trading
Social and copy trading is provided through the proprietary CopyFX platform which has a huge number of traders already involved. The minimum deposit to start here is $100 and it is a great platform to copy experienced traders’ operations and signals.