All Share (J203) = 87 916
Rand / Dollar = 18.18
Rand / Pound = 23.52
Rand / Euro = 19.83
Gold (usd/oz) = 2 983.40
Platinum (usd/oz) = 1 008.60
Brent (usd/barrel) = 70.51
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

RoboForex Demo Account

RoboForex - Demo Account
 

RoboForex does offer multiple free demo trading accounts for beginners to start training on, Demo Pro Account, Demo ECN Account, and Demo RStocksTrader.  Practice forex trading in a 100% risk-free environment.

 

🔎 Account🥇 RoboForex Demo
🔁 UsageUnlimited
📌 Market ConditionsReal-Market
📝 PlatformsMT4 Demo ECN Fix
MT4 Demo Pro
MT4 ECN
MT5 Fix
MT5 Pro
MT5 ECN
💵 Virtual CurrencyAdded Manually
📄 StrategiesTest Trading Strategies
🚀 Open a Demo Account👉 Click Here

 

RoboForex Demo Accounts – 6 Key Point Quick Overview

 

  1. ☑️ RoboForex Demo Accounts Overview
  2. ☑️ How to Open a RoboForex Demo Account – Step by Step Guide
  3. ☑️ RoboForex Demo Account Funding
  4. RoboForex Pros and Cons
  5. Conclusion
  6. Frequently Asked Questions

 

Min Deposit

USD 10

Regulators

IFSC

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

36

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

RoboForex Demo Accounts Overview

 

RoboForex Demo Pro Account

 

The RoboForex Demo Pro Account replicates the parameters and trading conditions of the Live trading Pro Accounts.

 

🔎 RoboForex Demo Account🥇 Pro
💵 Account CurrencyUSD
➕ Max Leverage1:2000
⚙️Trading Instruments36 Currency Pairs
Metals
📊 SpreadFloating from 1.3 points
🚀 Open an Account👉 Open Account

 

RoboForex Demo ECN Account

 

The RoboForex Demo ECN Account has similar parameters to the Prime Accounts, intended for Professional Traders.

 

🔎 RoboForex Demo Account🥇 ECN
💵 Account CurrencyUSD
➕ Max Leverage1:500
⚙️Trading Instruments36 Currency Pairs
Metals
CFD
📊 SpreadFloating from 0 points
🚀 Open an Account👉 Open Account

 

RoboForex Demo R StocksTrader Account

 

The RoboForex Demo R StocksTrader Account enables working through the R StocksTrader Platform with access to the largest global market.

 

🔎 RoboForex Demo Account🥇 R StocksTrader
💵 Account CurrencyUSD
➕ Max Leverage1:200
⚙️Trading Instruments12,000+
📊 SpreadFloating from 0 points
🚀 Open an Account👉 Open Account

 

RoboForex Demo Accounts

 

Min Deposit

USD 10

Regulators

IFSC

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

36

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

How to Open a RoboForex Demo Account – Step by Step

 

To register for, and set up a demo account with RoboForex, traders can follow these steps:

 

1. Step 1:   Start on the RoboForex Landing Page.

Navigate to the RoboMarkets website and hover over the ‘Trading’ tab and select ‘Demo Accounts’ from the dropdown menu.

 

RoboForex Demo Account Step 1

 

2. Step 2:   Click on the Open Demo Account Banner.

The trader will be redirected to a new page where the ‘Open Demo Account’ banner can be clicked.

 

RoboForex Demo Account Step 2

 

3. Step 3:  Registration

 

The trader will be redirected to an online application where the required fields about an email address, First and Last name, and mobile phone have to be completed.  The applicant must confirm that they are at least 18 years of age.

 

RoboForex Demo Account Step 3

4. Step 4:  Select Account Type

 

The applicant will be met with the following screen and can now select +Add Account.

 

RoboForex Demo Account Step 4

 

 

5. Step 5:  Select Demo Account and Complete the Process.

 

The trader can select their preferred trading platform, demo account type, leverage, and virtual start deposit before clicking ‘Confirm’.

 

RoboForex Demo Account Step 5

 

Min Deposit

USD 10

Regulators

IFSC

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

36

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

RoboForex Demo Account Funding

 

Demo Account users can add virtual Funds to their demo accounts via the link:  https://my.roboforex.com/en/operations/deposit-funds/%20MT4/MT5/cTrader  – 90 consecutive days since the last activity on the account.

 

RoboForex Pros and Cons

 

✅ Pros❌ Cons
Tight spreads from 0 pipsNot FCA Regulated
Fast order executionNo fixed spread accounts
5 account currencies (EUR, USD, GOLD)Don't accept clients from US, Canada, Australia or Japan

 

Conclusion

 

Overall, RoboForex offers new applicants multiple free demo trading accounts on selected account types –  Demo Pro Account, Demo ECN Account, and Demo RStocksTrader.

 

 

You might also like: RoboForex Account Types Overview

You might also like: RoboForex Fees and Spreads

You might also like: RoboForex Islamic Account Overview

You might also like: RoboForex Minimum Deposit

You might also like: RoboForex Sign up Bonus

 

 

Frequently Asked Questions

 

 

Can traders from South Africa open a demo account with Roboforex?

 

Yes, South African traders can also open a Demo Pro Account, Demo ECN Account, and Demo RStocksTrader.

 

Can I convert my demo account to a live trading account with Roboforex?

 

Yes, by adding a minimum deposit of 10$ / ZAR 150 you can convert a demo to a live trading account.

 

What is the difference between a demo and a live trading account?

 

A demo account is funded with virtual money whereas you trade real money with a live trading account.

 

Which live trading accounts does Roboforex offer?

 

Standard Account, Cent Account, ECN-Pro Account, Prime Account, RTrader Account, Islamic Account.

 

Does Roboforex offer an Islamic Account?

 

Yes. What are the available deposit currencies for a live trading account?AUD, CAD, CHF, GBP, EUR, NZD, USD.

4.8/5 - (40 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

February 14, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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