RoboMarkets also provides negative balance protection, so clients will not use more money than they have in their accounts. Advanced traders will have plenty of choice among account types and various instruments offered by the broker. I’m a client of this brokerage firm for the last several years. Before we go any further, bear in mind that only some of these assets will be provided to you based on the account type and the minimum deposit you make. All of these accounts are essentially the same with minor differences in terms of spreads, currency pairs and platforms available.
For this review, we tested the RoboMarkets R StocksTrader account. The broker https://en.wikipedia.org/wiki/Foreign_exchange_market charges spreads, swap/rollover fees, and commissions in this account.
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I have to say that all of them are reliable and quite convenient. Convenient UI, fast order execution and excellent customer support. Tradersunion.com needs to review the security of your connection before proceeding. Additionally, this site also provides one of several prompt cellular trade software you to is not difficult to make use of. He could be easy to browse and also all the features one a daily individual need.
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- Outside of these accounts, our Robomarkets review discovered that you’ll be charged a commission rate of 0.02 USD per real stock asset.
- There are no internal processing costs, but third-party fees may apply.
- Ewallet and card deposits should be carried out instantly, while it can take up to five banking days for bank transfers.
- RoboMarkets offers traders 36 currency pairs, 100+ commodities, 10+ index CFDs, 12,000+ equity CFDs, and 1,000+ ETFs.
- Each broker’s desktop, web, and mobile platforms are evaluated according to the order types, speed of execution, ease of use, and other ‘need to know’ features.
- On the other hand, even experienced traders are able to find relatively reliable trading partners in this company.
Needs to review the security of your connection before proceeding. Thankfully, Robomarkets has dedicated a section of its website to explaining how it is regulated so that you know exactly where you stand. Firstly, the brand is regulated by the Cyprus Securities and Exchange Commission. Plus it details how it is regulated in each of its relevant jurisdictions. For example, UK customers will see that the brand is regulated by the Financial Conduct Authority.