Robomarkets, established in 2012, is a multi-asset forex broker headquartered in Limassol, Cyprus. The company operates under the legal entity Robomarkets Ltd, which is a private entity. Robomarkets primarily serves retail and institutional clients across Europe, offering a diverse range of trading services. Since its inception, the broker has focused on providing competitive trading conditions, making it a popular choice among traders.
Over the years, Robomarkets has achieved significant milestones, including obtaining regulatory licenses from the Cyprus Securities and Exchange Commission (CySEC) and the Federal Financial Supervisory Authority (BaFin) in Germany. The company has also garnered numerous awards for its services, solidifying its reputation in the financial industry. As a subsidiary of Roboforex, a well-known broker, Robomarkets benefits from the parent company's extensive experience in the financial markets.
Robomarkets operates on a business model that includes both retail forex trading and institutional services, providing clients with access to a wide range of financial instruments. The broker is recognized for its innovative approach, offering advanced trading platforms and tools to enhance the trading experience.
Robomarkets is regulated by several reputable financial authorities, ensuring a high level of security and compliance for its clients. The main regulatory bodies overseeing Robomarkets include:
These regulatory licenses are valid and cover the broker's operations across various jurisdictions. Robomarkets is legally recognized in 29 European countries, providing services in compliance with the Markets in Financial Instruments Directive (MiFID II) of the EU.
Client funds are protected through strict policies, including the segregation of client deposits from the company's operational funds. This ensures that clients' funds are secure and not used for any unauthorized purposes. Robomarkets is also a member of the Investor Compensation Fund (ICF), which provides compensation of up to €20,000 per client in the event of insolvency.
The broker adheres to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, implementing comprehensive measures to verify the identity of clients and monitor transactions for suspicious activities.
Robomarkets offers a wide range of trading products across various asset classes, making it a versatile broker for different types of traders. The available products include:
Robomarkets continuously updates its product offerings, ensuring that traders have access to the latest financial instruments. The broker provides retail trading services, catering to individual traders, as well as institutional services for larger clients. Additionally, Robomarkets offers white-label solutions and asset management services for professional clients.
Robomarkets supports several advanced trading platforms to accommodate the diverse needs of its clients. The main platforms offered include:
Robomarkets employs an ECN (Electronic Communication Network) execution model, ensuring fast order execution and transparent pricing. The broker's servers are strategically located to facilitate efficient trading, and clients can benefit from API access for automated trading solutions.
Robomarkets offers a variety of account types to cater to different trading styles and preferences. The available accounts include:
The minimum deposit for all account types is $100, which is competitive compared to other brokers. Robomarkets offers leverage up to 1:30 for retail clients, with higher leverage available for professional clients. The broker also provides a demo account option, allowing traders to practice without risking real funds.
Traders can start with a minimum trade size of 0.01 lots, and the broker does not impose overnight fees on certain account types, making it an attractive option for various trading strategies.
Robomarkets provides a range of deposit and withdrawal options to facilitate smooth fund management for its clients. The supported deposit methods include:
The minimum deposit requirement is $100 for all account types, and deposits are processed instantly without any fees. For withdrawals, clients can receive funds through the same methods, with a minimum withdrawal amount of $1. Robomarkets allows two commission-free withdrawals per month, enhancing its appeal for traders.
Withdrawal processing times typically range from one minute to one day, depending on the method used. While there are no internal processing fees, third-party fees may apply based on the chosen payment system.
Robomarkets offers comprehensive customer support available 24/7 through various channels, including:
The broker provides multilingual support, accommodating clients from different regions. Additionally, Robomarkets offers a range of educational resources, including webinars, video tutorials, and trading guides to help traders improve their skills and knowledge.
The Robomarkets Analytics Center provides valuable market analysis, technical indicators, and economic calendars, making it an ideal resource for traders looking to enhance their trading strategies. The educational materials are accessible through the broker's website and YouTube channel, ensuring that clients can easily find the information they need.
Robomarkets primarily serves clients in European countries, including the Czech Republic, Germany, Slovakia, and Spain. The broker has established offices in Cyprus and Germany, ensuring a strong presence in the region. However, Robomarkets does not accept clients from certain countries, including the United States and the Russian Federation, due to regulatory restrictions.
In summary, Robomarkets is a well-regulated broker offering a diverse range of trading instruments and account types. With its strong commitment to client security, competitive trading conditions, and advanced trading platforms, Robomarkets is well-positioned to serve both novice and experienced traders in the financial markets.
Judy88
Nigeria
I've been using RoboMarkets for my long-term investments, and I appreciate the range of assets and low fees. The ability to access over 12,000 stocks and the minimal deposit requirement make it a convenient platform for building a diversified portfolio. The R StocksTrader platform is particularly useful for tracking and managing long-term investments.
Positive
2024-08-14