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Rating Index

Pros

User-friendly platform suitable for beginners and intermediates.

Competitive spreads and low fees enhance trading profitability.

Comprehensive educational resources and tools available for traders.

Cons

Customer support may be lacking in responsiveness and availability.

Limited range of currency pairs compared to some competitors.

Potential for high account inactivity fees if not actively trading.

Forex Day broker Accounts

RoboForex Account Type

RoboForex offers several types of trading accounts tailored to different trading styles and experience levels. The main account types include:

Pro Account:

Minimum Deposit: $10
Spread: From $13
Commission: None

Pro-Cent Account:

Minimum Deposit: $10
Spread: From $13
Commission: None

ECN Account:

Minimum Deposit: $10
Spread: From $3
Commission: None

Prime Account:

Minimum Deposit: $10
Spread: From $1
Commission: None

Each account type provides different trading conditions and is designed to accommodate various trading strategies, from beginner to professional traders.

RoboForex Broker Account Opening Process

Opening an account with RoboForex involves a straightforward process:

Registration:

Visit the RoboForex website and fill out the online registration form with your personal information, including name, email address, and phone number.

Account Verification:

Verify your identity by providing a copy of your government-issued ID (such as a passport or driver's license) and proof of address (like a utility bill).

Funding Your Account:

After verification, you can fund your account using various methods such as bank transfer, credit/debit cards, or e-wallets. The minimum deposit for opening an account is $10.