The number of online brokers has grown immensely over the recent years due to the forex industry’s growth. It aides people interested in the money market to trade using its different accounts like Pro-Standard, Pro-Cent, and RAMM. Roboforex’s reputation has grown since its formation, and over 3 million people use the platform daily. The broker offers many solutions, from trading to crypto deposits that meet the clients’ needs. In this extract, we discuss the facts about the Roboforex trading platform.
Basic Facts About Robofofrex
Roboforex has qualities unique to it, while others are similar to that of other broker sites. Some facts about it include;
1. Forex Trading Platforms
Roboforex has five trading platforms: MetaTrader 4, MetaTrader 5, C Trader, R Trader and CopyFX.
a. MetaTrader 4
It is designed with features to suit both novice and elite traders. Its graphical tools and technical analysis indicators are easy and straightforward and work to meet every trader’s needs. The platform can be accessed from a browser as a web trader or a downloaded desktop.
b. MetaTrader 5
This platform is ideal for professional traders due to its reliable, quick, and advanced trading features. The system is flexible and has capabilities like netting. MT5 has several technical indicators and graphical tools, and clients can use the PC application or the web version.
c. R Trader
The platform is easy to use and efficient for traders and investors in the global market. It allows trading various instruments like stocks/forex, and traders can monitor their orders until they get finalized. Users can get it as a web platform or desktop application.
d. C Trader
It is the best alternative for MetaTrader. Rare orders can be accessed by the customer, as well as the technical indicators and chart types. The platform can be downloaded from a browser, and it’s ready for use.
2. CopyFX
The platform is known for copy trading, where traders use performance, history, and signals to locate profitable traders. Followers can choose to copy a trade instantly or not when a copied trader opens or closes a trade. The site is trendy and consists of many active traders.
3. Payment Methods
Clients can deposit or withdraw money from their accounts to facilitate payments. Various deposit methods are available in different currencies like USD, GBP, ZAR, and EUR. Card payments, e-wallets, and bank depositors are also available and free and fast, but most need a 10 dollar or pound minimum deposit.
Note, thirteen withdrawal methods can get accessed based on your area of jurisdiction. Withdrawal commissions range between 0.5 to 2.8 percent. Roboforex has a free fund withdrawal program that offers a commission-free withdrawal twice a month.
4. Advantages of Roboforex
It offers several bonuses and assets to clients
Has four live trading platforms that offer commission-free trading like Copy FX
Allows stock trading vis CFD trading or traditional stock
5. Drawbacks
Roboforex accommodates many customers worldwide; however, clients from the USA, Canada, Australia, Japan, and Russia are not accepted.
Conclusion
Roboforex is a good trading broker for all customers regardless of their expertise levels. It offers different trading platforms that fit individual client needs reliably and efficiently. Choosing it would be a suitable decision to start your forex trading.
