RoboForex Account Type

RoboForex offers a variety of account types tailored to meet the needs of different traders. The main types of accounts available include:

• Cent Accounts:
• Ideal for beginners or those looking to trade with smaller amounts of capital.
• Allows trading in cents, making it a low-risk option to experience real market conditions.
• Minimum deposit typically starts as low as $10.
• Pro Accounts:
• Suitable for traders who want to earn more from trading and copying transactions.
• Offers advantages such as market execution mode and access to a wider range of trading instruments.
• Requires a higher initial deposit compared to cent accounts, generally starting around $100.
• ECN Accounts:
• Provides direct access to the interbank market with lower spreads.
• Ideal for professional traders looking for transparency and faster execution.
• Typically requires a minimum deposit of $100 or more.
• Prime Accounts:
• Designed for experienced traders who require the best trading conditions.
• Offers tighter spreads and additional benefits, but comes with higher minimum deposit requirements.
• CopyFX Accounts:
• Specifically designed for those interested in copy trading.
• Allows investors to copy the trades of successful traders, suitable for those with limited time or expertise.

RoboForex Broker Account Opening Process

Opening an account with RoboForex involves a straightforward process:

• Choose the Account Type:
• Determine which account type best suits your trading style and capital. Options include Cent, Pro, ECN, Prime, and CopyFX accounts.
• Visit the RoboForex Website:
• Go to RoboForex and navigate to the account opening section.
• Complete the Application Form:
• Fill out the online application form with your personal details, including name, email, and phone number.
• Select your preferred account type and currency.
• Verify Your Identity:
• Upload necessary documents for identity verification, such as a government-issued ID and proof of address (e.g., utility bill).
• Verification typically takes 24-48 hours.
• Fund Your Account:
• After verification, deposit funds into your account using the broker's available payment methods, including bank transfers, credit/debit cards, or electronic payment systems.
• Start Trading:
• Once your account is funded, you can begin trading on the RoboForex platform, utilizing their trading tools and resources.

By following these steps, you can successfully open a trading account with RoboForex and start your trading journey.