RoboMarkets Forex Broker

RoboMarkets Review SummaryFounded2019Registered Country/RegionSeychellesRegulationFSAMarket InstrumentsCurrencies, Stocks, Indices, ETFs, Commodities, Energies, MetalsDemo Account✅LeverageUp to 1:2000SpreadFrom 0 pips (Prime/ECN); From 1.3 pips (Pro/ProCent); From 0.002 USD (StocksTrader)Trading PlatformMetaTrader 4 (MT4), MetaTrader 5 (MT5), R StocksTraderMin Deposit10 USDCustomer SupportAddress: Suite 3, Global Village, Jivan's Complex, Mont Fleuri, Mahe, SeychellesPhone: +248 467 1945RoboMarkets Information Founded in 2019 and regulated by the Seychelles FSA (license no. SD048), RoboMarkets is an online broker offering access to over 12,000 trading instruments across various markets. It provides multiple trading platforms including MT4, MT5, and R StocksTrader, suitable for both beginners and experienced traders. While the broker is known for its high leverage options and low trading fees, it lacks support for cryptocurrencies and CFDs.Pros and ConsProsConsRegulated by the FSACrypto and CFD trading not availableSupports MT4, MT5, and proprietary R StocksTraderLimited information about inactivity feeMultiple account types with low spreadsStock-focused account has higher minimum deposit ($100)Is RoboMarkets Legit? Yes, RoboMarkets is a legitimate broker. It is regulated by the Seychelles Financial Services Authority (FSA) and holds a Retail Forex License with the license number SD048.What Can I Trade on RoboMarkets? RoboMarkets offers access to over 12,000 trading instruments across 7 asset classes, providing diverse options for traders. These include stocks, indices, ETFs, commodities, and more.Tradable Instruments Supported Forex✅Commodities✅Crypto❌CFD❌Indexes✅Stock✅ETF✅Account Types RoboMarkets offers 5 types of live accounts tailored for different trader profiles, along with demo accounts for practice.Account TypeInstruments OfferedMin. DepositSpreadMax LeverageDemo AvailableSuitable ForPrime28 Forex pairs, Metals, CFDs on US stocks, Indices, Oil10 USDFrom 0 pips1:300✅Traders seeking best conditionsECN36 Forex pairs, Metals, CFDs on US stocks, Indices, Oil10 USDFrom 0 pips1:500❌Professional tradersR StocksTrader12,000+ Stocks, ETFs, Indices, Currencies, Oil, Metals100 USDFrom 0.002 USD1:300✅Stock and ETF-focused tradersProCent36 Forex pairs, Metals10 USDFrom 1.3 pips1:2000❌Testing strategies and EA usersPro36 Forex pairs, Metals, CFDs on US stocks, Indices, Oil10 USDFrom 1.3 pips1:2000✅Beginner tradersLeverage RoboMarkets offers flexible leverage options depending on the account type, with maximum leverage ranging from 1:300 to 1:2000. For example, Pro and ProCent accounts offer up to 1:2000, while the R StocksTrader account offers up to 1:300. Leverage can magnify both gains and losses. While high leverage increases the potential for profit, it also bring risks.RoboMarkets Fees Compared to industry standards, RoboMarkets offers low trading fees, especially on accounts like Prime and ECN that feature floating spreads from 0 pips and zero commission on certain instruments.Account TypeSpread (EUR/USD)CommissionPrimeFrom 0 pips$20 per 1M USD traded (some assets)ECNFrom 0 pips$20 per 1M USD tradedProFrom 1.3 pipsNoneProCentFrom 1.3 pipsNoneR StocksTraderFrom 0.002 USD (stocks)$0.01 per share or commission-freeNon-Trading FeesNon-trading FeesDetailsDeposit FeeNone – RoboMarkets covers all deposit expensesWithdrawal FeeFree – Up to 2 free withdrawals per month; fees may apply afterwardInactivity FeeNot mentionedTrading PlatformTrading PlatformSupportedAvailable DevicesSuitable for What Kind of TradersMetaTrader 4 (MT4)✔Windows, iOS, AndroidClassic platform users preferring simplicityMetaTrader 5 (MT5)✔Windows, iOS, AndroidAdvanced traders needing additional featuresR StocksTrader✔Web browser, iOS, AndroidTraders of ETFs, real stocks, and modern instrumentsDeposit and Withdrawal RoboMarkets does not charge any deposit fees, and offers two free withdrawals per month. The minimum deposit starts from 10 USD, depending on the account type.MethodMin. DepositMin. WithdrawalFeesProcessing TimeVisa / Mastercard10 USDNot mentionedFree (Deposit), Free (2x/month withdrawal)InstantBank Transfer100 USDNot mentionedFree (Deposit), Standard withdrawal fee after 2x/month1–3 business days