RoboForex Review

RoboForex has been in business since 2009, and the Financial Services Commission regulates it in Belize under the license number 000138/210. This allows it to operate in most countries. It has a profit share bonus and offers negative balance protection. It also provides a variety of trading platforms and leverage levels.

Profit-share bonus

The Profit share bonus at RoboForex is available to all lMetaTrader4 (MT4) and MetaTrader5 (MT5) account types that use USD and EUR as their base currency. The profit share bonus is based on a small commission of $20 for every million USD in turnover. For scalping, RoboForex is a good choice. The commission is low, and the trading conditions are excellent.

The Profit Share bonus can be used during a drawdown. This will reduce your losses. The profit share bonus can be received on a MetaTrader4 or MetaTrader5 account of either the Fix or Pro-type. The ECN accounts are not eligible for the Profit Share Bonus program.

Trading platforms

Roboforex trading platforms are available in different types. The most popular one is the RoboForex account. It features optimal trading conditions, a minimum deposit of just 10 USD, and commission-free trading. The spreads and leverage levels are as low as 1.3 pips. There are six different types of orders available on this platform, and it supports MT4 and cTrader.

RoboForex provides access to over 12 thousand markets. With a minimum deposit of 10 USD, the Prime and ECN Accounts have low commissions. These accounts also allow traders to trade using MT4 and c-Trader, as well as its proprietary platform, R-Trader. This trading platform also supports scalping, hedging, and netting. In addition, it supports multiple asset classes and offers floating spreads.

Leverage levels

RoboForex is a global company that provides brokerage services to clients from many countries. It has recently increased the leverage levels for clients trading in cryptocurrencies. As of September 1, customers can trade up to 1:50 leverage. This will give them more flexibility in their trading and make it more convenient.

Negative balance protection

Negative balance protection is a feature that many retail forex brokers offer. This feature reassures newcomers that the service provider will protect their money if they incur a negative balance. This feature is a guaranteed margin call and has become an industry buzzword.

Most retail forex brokers in Australia, the UK, and Europe offer this feature. It applies to leveraged products such as forex and CFD trading. The service is available only for retail clients and is not offered to professional traders. The concept came to light in 2011 when the Swiss National Bank decided to stop holding the franc against the EUR, and traders who were shorting it ended up with massive negative balances and lost more money than they had in their accounts.

Minimum deposit

If you are looking for a trading website with a low minimum deposit, you've come to the right place. RoboForex offers many accounts, and the minimum deposit for first-grade accounts is only USD 10. If you're more experienced, you can choose a higher-grade account. This type of account will allow you to deposit larger amounts, but the downside is the risk involved.

RoboForex offers a variety of bonuses, including a Profit Share Bonus, which increases your first deposit by 60%. It also offers a Classic Bonus of up to 120%. It also has a birthday promotion that gives you a chance to win $1,100,000. For added security, RoboForex provides support in eleven languages, and a green chat button lets you contact a live customer service representative.

Customer service

RoboForex customer service offers a wide variety of options for customer support. They can be reached via phone, email, live chat, and social media. Support representatives are available around the clock and can help in many languages. You can also get in touch with them via social media, like Twitter or Facebook.

RoboForex offers multiple deposit and withdrawal options, including Islamic accounts. The majority of these methods do not charge any fees.

The company also claims to process withdrawal requests within two business days. RoboForex claims it follows all anti-money laundering rules and follows KYC protocols. You can also receive fast and detailed replies in multiple languages.