RoboMarkets minimum deposit amount required to register a live trading account is $100. This minimum deposit is equivalent to R 1600 ZAR at the current exchange rate between the US Dollar and the South African Rand at the time of writing. The minimum deposit might vary based on the account type selected.
RoboMarkets at a glance
| Broker's Name | RoboMarkets |
| 📍 Headquartered | Limassol, Cyprus |
| 📅 Year Founded | 2012 |
| ⚖️ Regulating Authorities | CySEC |
| 📌CySEC No | |
| 🌐 Countries not accepted for trade | all countries outside EEA |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | Yes |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | 1:30 |
| 🌐 Spreads | Floating from 0 points |
| 🌐 Commission | 0% Commission for trading stock |
| 🌐 Fees | 0.8% |
| 📊 Accounts | Prime Account, ECN Account, R Stock Traders Account, ProCent Account, Pro Account |
| 📎 Bonus | Yes |
| 💰 Minimum Deposit | $100 / R 1600 ZAR |
| 💳 Deposit Options | Bank payments, PayPal, Skrill, FasaPay, Neteller, Boleto, Visa and Mastercard |
| 💳 Withdrawal Options | Bank payments, PayPal,Skrill, FasaPay, Neteller, Boleto, Visa and Mastercard |
| 💻 Platform Types | MetaTrader 4, MetaTrader 5, R Trader |
| 📱 OS Compatibility | Windows, Mobile, Web, iPhone, iPad PC and Mac OS, mobile for Android and IOS |
| 📈 Tradable assets offered | Forex, Stocks, Indices, ETF, Commodities, Metals, Energies |
| 👨💼 Languages supported on Website | Multilingual |
| 👥 Customer Support Languages | Multilingual |
| 📆 Customer Service Hours | 24/5 |
Min Deposit USD 100 Regulators CySEC Trading Platform MT4, MT5, R Trader Total Pairs 0 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
RoboMarkets Review – 6 key points quick overview:
RoboMarkets at a glance- RoboMarkets Minimum Deposit
- RoboMarkets deposit fees and deposit methods
- Step by step guide to depositing the minimum amount to RoboMarkets
- RoboMarkets Pros and Cons
- Frequently Asked Questions
RoboMarkets Minimum Deposit
The minimum deposit amount required to open a broker account with RoboMarkets is $100. This same minimum deposit is available across all the broker’s accounts, making RoboMarkets an accessible option for most new traders.
RoboMarkets deposit fees and deposit methods
RoboMarkets provides traders with a wide range of deposit methods, which include the following:
- Bank payments
- PayPal
- Skrill
- FasaPay
- Neteller
- Boleto
- Visa and Mastercard
Some part of the amount you deposit to your trading account is charged by the payment system as a commission. However, during the application processing, it is fully compensated and transferred to your trading account.
You will not experience any delays or inconveniences: both your payment and commission bonus will be deposited at the same time.
In payment history, you can see all deposits that you made along with corresponding compensation amounts. RoboMarkets applies no restrictions on how to use or withdraw this money.
RoboMarkets offers its clients the ability to reduce expenses and benefit from the Company’s unique program: traders have an opportunity to withdraw funds from their trading accounts without paying any commissions on the first and the third Tuesday of each calendar month.
The validity period of the program is unlimited. Within the framework of the program, a client has an opportunity to withdraw funds from their Members Area twice a month without paying any commissions.
With regards to deposit currencies, RoboMarkets offers a wide selection of major deposit currencies, consisting of:
- EUR
- USD
- PLN
- MYR
- CNY
- CZK
- INR
- IDR
- CHF
- GBP
- AED
However, traders depositing in smaller currencies not listed, such as ZAR/Rand, will incur conversion fees.
Step by step guide to depositing the minimum amount to RoboMarkets
1. Step 1 – Register an account
Make your way to RoboMarkets website and select the “Open an Account” option
2. Step 2 – Create an account
Complete all the requested info and select Register.
3. Step 3 – Complete Registration and KYC process
Once the profile is created, log into the accounts on the broker’s website. Select the option to Deposit. Select your preferred deposit method, whether by wire transfer, or ACH. Confirm your deposit amount.
Min Deposit USD 100 Regulators CySEC Trading Platform MT4, MT5, R Trader Total Pairs 0 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
RoboMarkets Pros and Cons
| ✔️ Pros | ❌ Cons |
| Attractive affiliates program | Bonuses only available to professional clients |
| Access to all tools and platforms | 90 days trial |
| $100 on all account types | It goes higher up to $10.000 if you want to trade US Stocks Pro |
| Stocks offered in a good number; Available as real and CFDs | Some other brokers may provide a wider number of stocks and even lower commission |
| Good service offered through a proprietary platform | Social features are a little limited |
| They have won dozens of awards over the years | Service is not available outside the EU |
| The broker provides a very high level of security for your funds | Number of currency pairs is quite limited compared to other brokers’ offer |
| Raw spreads on ECN and Prime accounts |
Frequently Asked Questions
What is the minimum deposit for RoboMarkets?
The minimum deposit amount for RoboMarkets is $100. This same minimum deposit is available across all the broker’s accounts, making RoboMarkets an accessible option for most new traders.
How do I make a deposit and withdrawal with RoboMarkets?
RoboMarkets provides traders with a wide range of deposit methods, which include the following:
- Bank payments
- PayPal
- Skrill
- FasaPay
- Neteller
- Boleto
- Visa and Mastercard
Does RoboMarkets charge withdrawal fees?
Yes. However, RoboMarkets offers its clients the ability to reduce expenses and benefit from the Company’s unique program: traders have an opportunity to withdraw funds from their trading accounts without paying any commissions on the first and the third Tuesday of each calendar month.
How long does it take to make a withdrawal?
Bank transfers can take between 1 – and 3 days to reflect, while e-wallet transfers take 24 hours. RoboMarkets processes withdrawals in 24 hours.
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