Overall, RoboMarkets is considered a low-risk, reliable broker with a wide selection of trading instruments. RoboMarkets is regulated by the top tiers CySEC and has low spreads and competitive trading fees against major currency pairs
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 – 18 key points quick overview:
RoboMarkets at a glance- RoboMarkets Overview
- RoboMarkets Safe or Scam
- RoboMarkets Leverage
- RoboMarkets Accounts
- RoboMarkets Market Instruments
- RoboMarkets Fees
- RoboMarkets Deposit and Withdrawal
- RoboMarkets Trading Platforms
- How to open a RoboMarkets account
- RoboMarkets vs Hotforex – A Comparison
- RoboMarkets Pros and Cons
- RoboMarkets Customer Support
- RoboMarkets Education
- RoboMarkets Research
- RoboMarkets Awards
- RoboMarkets Conclusion
- RoboMarkets Disclaimer
- Frequently Asked Questions
RoboMarkets Overview
According to research in South Africa, RoboMarkets is a European broker that was founded in 2012 and has headquarters based in Limassol, Cyprus.
In the last few years, RoboMarkets has seen substantial growth in its provision of services to institutional and retail European clients. As a multi-asset broker, RoboMarkets offers eight different asset types with more than 12,000 instruments that are tradable.
RoboMarkets offers the use of the absolute best trading platforms namely MetaTrader 4 and MetaTrader 5, and R Trader. RoboMarkets has a reach of offering services to around 29 countries in Europe.
RoboMarkets is strictly regulated by CySEC and offers multilingual support 24/7 through various communication avenues.
RoboMarkets Safe or Scam
When evaluating brokers one of the most crucial factors to consider is that brokers have to be regulated by a reputable and well-known regulatory entity otherwise the security of client funds may be compromised.
RoboMarkets is highly regulated by CySEC and in addition, the broker is a member of the Investment Compensation Fund of Cyprus, or ICF, with the purpose of providing insured clients with compensation payments should RoboMarkets be unable to do so.
RoboMarkets Leverage
Leverage is a useful tool that can be used to maximize the chances of profit when applied as it allows traders to open larger positions despite their initial deposits.
RoboMarkets only offers leverage of 1:30 depending on the type of account and the financial instrument being traded.
The reason for such restrictions pertains to the risks that are involved when trading leveraged financial instruments. Leverage increases the chances of profit, but it also increases the chances of losses that may exceed the trader’s initial deposit.
RoboMarkets Accounts
RoboMarkets offers traders a choice between six different accounts, each with its own features. The accounts that RoboMarkets offers to cater to the individual needs of traders with varying levels of skill, experience, and experience.
The choices in accounts include the following:
- Pro-Standard Account – minimum deposit of $100, variable spreads from 1.3 pips, zero commission charges and leverage of 1:30.
- ECN-Pro Account – minimum deposit of $100, variable spreads from 0.0 pips, commission charges of $20 per 1 million USD of trading volume and leverage of 1:30.
- Prime Account – minimum deposit of $100, variable spreads from 0.0 pips, commission charges of $15 per 1 base currency and leverage of 1:30.
- Pro-Cent Account – minimum deposit of $100, variable spreads from 1.3 pips, zero commission fees and leverage of 1:30. The difference between this account and the Standard Account is that it uses cents rather than dollars.
- R Trader Account – minimum deposit of $100, variable spreads from $0.01 pips, minimum commission charges from $1.5 charged on US Stocks (with deposits from $10,000), and leverage of 1:30.
The minimum deposit for all account types is $100, while the spreads vary between accounts with accounts that have commission charges being offered the tightest spreads as the commission charges make up for the broker fees.
| 💠Feature | 📈 Prime Account | 📈 ECN Account | 📈 R StocksTrader Account | 📈 ProCent Account | 📈 Pro Account |
| Minimum Deposit | $ 100 / R 1600 ZAR | $ 100 / R 1600 ZAR | $ 100 / R 1600 ZAR | $ 100 / R 1600 ZAR | $ 100 / R 1600 ZAR |
| Spreads | Floating from 0 points | Floating from 0 points | from 0.01 USD | Floating from 1.3 points | Floating from 1.3 points |
| Trading Instruments | 28 CFDs on Forex, CFDs on Metals, CFDs on US stocks, CFDs on Indices, CFDs on Oil | 36 CFDs on Forex, CFDs on Metals, CFDs on US stocks, CFDs on Indices, CFDs on Oil | More than 12,000: Stocks, CFD on Stocks, CFDs on Indices, CFDs on Forex, CFDs on ETFs, CFDs on Oil, CFDs on Metals, CFDs on Brazil Stocks | 36 CFDs on Forex, CFDs on Metals | 36 CFDs on Forex, CFDs on Metals, CFDs on US stocks, CFDs on Indices, CFDs on Oil |
| Leverage | Determined during the registration on the basis of your experience and knowledge | Determined during the registration on the basis of your experience and knowledge | up to 1:30 | Determined during the registration on the basis of your experience and knowledge | Determined during the registration on the basis of your experience and knowledge |
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 Market Instruments
RoboMarkets facilitates the trade of over 12,000 tradable financial instruments which are spread across eight different asset classes, this includes:
- Forex – a variety of currency pairs that can be traded including, but not limited to, EUR/GBP, EUR/USD, GBP/USD, and more.
- Stocks – a variety of choice in popular stocks such as Apple, Amazon, Facebook, Google, and more.
- Indices – traders can trade on more than 10 of the most popular indexes.
- ETFs – including popular funds such as FITS, SPY, USMV, and more than 1,000 others.
- Commodities – including coffee, corn, wheat, sugar, soybean, or fruit.
- Metals and Energies – including Gold, Silver, Palladium, Platinum, heating oil, natural gas, ethanol, and more.
RoboMarkets Fees
RoboMarkets has the minimum required deposit to open an account, despite the account type, set at $100 and although deposit fees are not charged, certain payment methods attract certain fees when withdrawals are made using the following payment methods:
- Rapid Transfer – 1%
- Credit/Debit Card – 2.4%
- Bank Transfer – 25 USD, 10 EUR, 20 GBP, 150 PLN, 75 CHF
- Skrill – 1%
- FasaPay – 0.5%
- Neteller – 1.9%
- PayPal – 2%
When trading financial instruments such as Forex, traders need to be aware that overnight, or Swap fees, are charged when positions are held open for longer than a trading day after the trading day has concluded.
Muslim traders who follow the Sharia law have the option of converting their live account to that of an Islamic account, freeing them from paying overnight fees which are seen as a type of interest that the Sharia law prohibits its followers from paying.
There are no additional fees indicated for RoboMarkets, but there may be fees that have not been mentioned in this article and traders will need to verify certain fees before opening an account with RoboMarkets.
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RoboMarkets Deposit and Withdrawal
RoboMarkets makes provision for a variety of deposit and withdrawal methods, including:
- Rapid Transfer
- BlueOrange Bank
- Barclays Bank PLC
- Credit/Debit Card
- Bank Transfer
- Skrill
- FasaPay
- Neteller, and more.
When making either deposits or withdrawals, it is imperative for traders to know that third-party payments are not allowed and that the account used must correspond to that registered with RoboMarkets.
RoboMarkets, in addition, also supports a wide variety of currencies in which deposits and withdrawals can be made, these include:
- EUR
- USD
- PLN
- CNY
- MYR
- IDR
- AED, and more.
RoboMarkets Trading Platforms
Trading platforms serve as the trading environment, or vehicle, through which transactions are executed and brokers may offer a variety of trading platforms, or they may rely on their own proprietary in-house trading platform which is tailored to their trading conditions.
RoboMarkets supports the use of the following trading platforms through which trading can be done:
- MetaTrader 4
- MetaTrader 5
- R Trader
Both MetaTrader 4 and MetaTrader 5 are well-known, reputable, and reliable trading platforms that are highly customizable and user-friendly while R Trader is RoboMarkets’ proprietary trading platform which can be accessed on a variety of devices.
How to open a RoboMarkets account
1. Step 1 – Create 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 trader has registered for the Member Area, they can proceed with the registration of an account of their choosing. This process is fully digitalized, and traders will have to provide more in-depth basic information, financial information, and more.
This process also features a Know Your Client, or KYC, a procedure where the trader must submit documents proving their identity and residential address before their account can be approved.
Once the account has been approved, the trader will gain access to download and install their chosen trading platform and they can use their provided login credentials to access their RoboMarkets account from the trading platform.
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 vs Hotforex – A Comparison
| 🔎 Broker | 🥇 RoboMarkets | 🥈 Hotforex |
| 📌Minimum Deposit | $100 / R 1600 ZAR | $5 / R 80 ZAR |
| 📌 Trading platform | WebTrader, MetaTrader4, CopyFX, R Trader, Mobile, MetaTrader5 | MT4, Mobile Trading, MultiTerminal |
| 📌 Leverage | From 1:1 to 1:30 | From 1:400 to 1:1000 |
| 📌 Deposit Fees | No | No |
| 📌 Trust management | No | No |
| 📌 Spread | From 0 points | From 0.4 points |
| 📌 Level of margin call / stop out | 50% / 100% | 40% / 10% |
| 💻 No deposit bonus | No | No |
| 🔋 Cent accounts | No | No |
| ✅Web Platform | Yes | Yes |
| 🛑 MetaTrader 4 (MT4) | Yes | yes |
| 🚫MetaTrader 5 (MT5) | Yes | Yes |
| 🚀 Open an Account | 👉 Click Here | 👉 Click Here |
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 |
RoboMarkets Customer Reviews – TrustPilot
Robomarkets is a good brokerage for…
Robomarkets is a good brokerage for worldwide stocks market trading. I enjoy the variety of their products!
I’ve tried about 4-5 brokers during…
I’ve tried about 4-5 brokers during the past several years and finally stop changing them when came to trade with Robomarkets. I’m quite satisfied with their trading conditions, the software is stable, withdrawals don’t take a lot of time.
RoboMarkets Customer Support
RoboMarkets features a Live Support where clients can make use of the Live/Instant Chat function present on the website, on all pages, should they have questions or queries.
There is also a comprehensive FAQ section that makes provision for common queries and questions that clients may have, and alternatively, RoboMarkets can be contacted either by telephone or by email. Support is offered 24/7 in multiple languages.
RoboMarkets Education
RoboMarkets has a comprehensive education section that caters for the following:
- Guidelines in opening an account
- Guidelines pertaining to trading platforms
- Guides on how to start trading
- Guides on how stocks can be traded
- Educational Videos, and
- RoboMarkets FAQ
RoboMarkets Research
RoboMarkets offers traders with a comprehensive section dedicated to research in providing several trading tools which includes:
- A R Trader strategy builder
- Trading Calculator
- Forex Charts
- Stocks Charts
- Indices Charts
- Forex Analysis and Forecasts
- RoboMarkets Analytics centre
- Economic Calendar, and
- Webinars
RoboMarkets Awards
RoboMarkets is a reputable, well-regulated broker that has obtained various awards. Some of the most recent awards that it has won include, but is not limited to:
- Safest European Broker – 2025
- Best Trading Execution – 2019
- Best Client Service in Forex, Europe – 2019
- Leading European Indices Broker – 2019
- Leading Mobile Trading Broker – 2018, and several more.
RoboMarkets Conclusion
Overall, RoboMarkets is considered a low-risk, reliable broker with a wide selection of trading instruments. RoboMarkets is regulated by the top tiers CySEC and has low spreads and competitive trading fees against major currency pairs
RoboMarkets is truly a reputable, reliable, and well-regulated broker with comprehensive trading conditions that cater to various traders and their varying trading needs regardless of their skills, knowledge, and experience in trading.
RoboMarkets offers a trading environment that is comprehensive and strictly regulated and monitored to ensure that traders, both beginners and more experienced, have the best trading experience.
RoboMarkets offers a variety of tradable assets and the use of only the best trading platforms that have repeatedly outperformed their peers.
RoboMarkets Disclaimer
RoboMarkets warns traders about the risks derived from trading leveraged and margined financial instruments as the exposure to risk may not be suitable for all traders.
There are numerous traders that have incurred substantial losses as their expectations in trading financial instruments are not aligned with what it deeply involves, and traders need to evaluate their trading and financial objectives before trading financial instruments.
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
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Frequently Asked Questions
Is RoboMarkets regulated?
Yes, RoboMarkets is regulated by CySEC.
How many instruments can be traded with RoboMarkets?
Trade 12 000+ instruments across different asset classes: Forex, Stocks, Indices, ETFs, Commodities and Metals & Energies.
Is RoboMarkets a recommended forex broker for experts and beginners?
Yes, RoboMarkets is recommended for both beginners and experts.
What is the overall rating out of 10 for RoboMarkets?
9/10
Which platforms are supported by RoboMarkets?
- MetaTrader 4
- MetaTrader 5, and
- R Trader
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