RoboForex is a brokerage firm that started operation in 2009. It provides financial market solutions in 169 countries. In the Forex business, RoboForex is the most well-known computer programmer.
The most reputable financial market professionals see RoboForex as a reliable ally. Several significant accolades have been conferred upon the business. FSC Belize has granted the RoboForex group of companies international permission to provide services, as well as a CySEC European authorization (license No. 191/13 Rob markets Ltd).
RoboForex is an international forex broker that offers online trading services on global financial markets. Currency pairs, shares, indexes, ETFs, consumables, metals, and energies are among the resources accessible for trade. There are a total of 12,000 derivative contracts accessible. The platform provides you with a list of the best forex broker Philippines.
RoboForex offers five different brokerage accounts, each with a minimum investment of 10 USD/EUR, leverages up to 1:2000, and variable fees starting at 0 pips. Clients who have enrolled with the company can also use demo accounts to test their remaining profit after all costs without risking any funds.
RoboForex offers both world-famous trading platforms including Terminal 4, Meta Trader 5, and cTrader, as well as its customised solutions like the WebTrader web terminal and the R Mobile Trader mobile application for iOS and Android. The R StocksTrader interface with a built-in Trading strategy generator, which allows users to test and run automated approaches without having to write, is another high-profile function of the company.
Users of RoboForex can take advantage of a variety of bonus programmes, along with a Welcome Bonus of $30 for new clients, a Profit Share reward of 60% on any deposit, and Classical bonus forex of up to 120 per cent. The broker also offers a free "VPS-server" service for trading with Expert Advisors without disruption.
Both retail traders and investment organisations can use the corporation's economic services. RoboForex Live Help is available 24 hours a day, 7 days a week, and can assist clients in 11 languages via phone, email, or online chat. The company's analytical unit provides traders with the financial data they need to trade properly every day: market overviews and forecasts based on technical and fundamental assessments.
RoboForex holds an Sfc (Financial Commission) brokerage license with the number 000138/333 and is a participant of the Economic Commission's Payouts Fund, which is in charge of resolving disputes between its members and their customers. RoboForex has garnered numerous high-profile financial awards since its debut in 2009 and has played a key role in the funding of forms of intervention. RoboForex, for example, had become the Official Sponsor of the "Starikovich-Heskes Team" at the Dakar 2017 in 2016. Since 2018, the company has been the main sponsor of Andrei Kulebin, a Muay Thai fighter, and world boxing champion.
Pros
A large asset selection of over 12,000 assets across eight asset classes.
Trading costs are low, and there is a lot of leverage.
MT4/MT5 and a slashing custom exchange market
Bonuses galore, affiliate opportunities galore, and quick payouts are a plenty
Cons
- A limited selection of cryptocurrencies
RoboForex is one of the top forex traders available today, with excellent trade performance. RoboForex also has one of the most user-friendly proprietary web-based trading interfaces, with complete automated trading functionality. It comes with a method generator that markets it operates to create algorithmic trading strategies without having to hack the system.
- Security and Regulation
Using a licensed brokerage will reduce the risk of deception and incompetence. I usually advise traders to look for legislation and double-check it with the regulator by comparing the issued permit to their database. Clients are presented with a single, well-regulated company by RoboForex.
- Is RoboForex a secure investment or a rip-off?
RoboForex is a trustworthy brokerage because it is licensed by the European CySEC, making it a low-risk trading platform. However, if the best forex broker Philippines is exclusively offshore, it is best to avoid this because the dangers are significant.
- Is RoboForex a reliable broker?
RoboForex Group has two firms registered: Rob Markets Ltd, a European business broker authorized by CySEC, and RoboForex Ltd, a worldwide forex brokerage registered with the FSC in Honduras.
Even though we do not recommend trading with offshore firms owing to their lack of regulatory restrictions, an additional licence from a reputable country improves things and allows us to recommend RoboForex as a safe broker to trade with.