RoboMarkets is a broker that is expanding quickly; they currently have millions of trading accounts. In 2012, RoboMarkets LTD was created. The brand firms are made up of a number of organizations, including Gottfried Korzuch-led RoboMarkets Deutschland GmBH. For offering a variety of account types and fair trading terms, it has made a name for itself in the sector. The broker is an official sponsor of the AEL Limassol Women’s Volleyball Team, a Premium Partner of BMW M Motorsport, and a Premium Partner of Eintracht Frankfurt.

RoboMarkets, which is governed by CySec and BaFin, has won numerous awards in a short period of time. Its list of honors consists of:

• “Best Broker for Stocks Trading,” The London Investor Show (2018)
• “Best Client Service (Europe)” Global Brands Magazine (2019)
• “Safest European Broker” The London Trader Show (2020)
• “Most Trusted European Broker” Global Forex Awards (Retail) (2020)
• “Best Indices Broker” International Business Magazine Awards (2020)
• “Best Value Broker (Global)” World Economic Magazine Awards (2021)
• “Best Mobile Trading Platform” Professional Trader Awards (2021)
• “Best Stocks Broker (Global)” Global Forex Awards (B2B) (2021)

RoboMarkets Pros & Cons

Who Is RoboMarkets Recommended For??

Based on its account options and educational resources, RoboMarkets is endorsed for both novice and seasoned traders. The broker offers accounts designed specifically for seasoned traders as well as accounts for less experienced traders.

RoboMarkets Features

Various account types. It won’t take you long to choose the right account at this broker, as you can see from the tables below. There are five main account types, and each has its own rules and requirements. While some are ideal for seasoned traders, others are fantastic for new investors learning the ropes.

There are no stock commissions. On cutting-edge R StocksTrader accounts with 1:1 leverage, RoboMarkets offers commission-free stock trading. Some charges might be incurred when you sign up for other accounts.

Partnerships are accessible. The partnership program offered by RoboMarkets is both reasonable and available to anyone who want to work with us. The FAQ section of this review has extra information on this program.

Educative blog. This broker offers a multitude of instructional resources in addition to a helpful blog that will keep you up to date on the most recent developments, trading opportunities, and methods.

Excellent Stock Trading Conditions. This broker offers excellent stock trading conditions, particularly with its R Stocks account. It is highly regarded in the community because of its exceptional stock conditions. On other accounts, spreads begin at 0 pip, and you can choose from thousands of instruments. Algorithmic traders are not subject to any limitations, and execution begins after just 0.1 seconds. Finally, you receive free fund withdrawals twice each month, doing away with those annoying fees.

• Type of Broker: Market Maker, STP, NDD, ECN
• Regulation & Licensing: BaFin (Federal Financial Supervisory Authority of Germany), Cyprus Securities and Exchange Commission (Cyprus) 
• Clients Accepted from: 29 Countries
• Assets Offered: >12,000
• Platforms Available: Web, Mobile, Download 
• Mobile Compatibility: iOS, Android
• Payment Types Accepted: Credit Card, FasaPay, Giropay, Mastercard, Neteller, PayPal, Rapid Transfer, Skrill, Visa, Wire Transfer
  
  
  

RoboMarkets Account Types

Prime Account

• Account Currencies: USD, EUR, CHF, GBP, GOLD
• Available Leverage: Determined at registration based on trader’s experience and knowledge 
• Minimum Deposit: 100
• Starting Spreads: 0
• Commission Per Trade: Varies
• Decimal Pricing: Up to 5 decimals
• Trading Instruments: 28 CFDs on Forex, Metals, US Stocks, Indices, Oil 
• Min. Lot Size Per Trade: 0.01
• Max Lot Size Per Trade: 50
• Demo Account: Yes
• Swap/Rollover Free: Yes

ECN Account

• Account Currencies: USD, EUR, CHF, GBP, GOLD
• Available Leverage: Determined at registration based on trader’s experience and knowledge 
• Minimum Deposit: 100
• Starting Spreads: 0
• Commission Per Trade: Varies
• Decimal Pricing: Up to 5 decimals
• Trading Instruments: 28 CFDs on Forex, Metals, US Stocks, Indices, Oil 
• Min. Lot Size Per Trade: 0.01
• Max Lot Size Per Trade: 50
• Demo Account: Yes
• Swap/Rollover Free: Yes

R Stocks Account

• Account Currencies: USD, EUR, CHF, GBP, CZK
• Available Leverage: Varies based on asset
• Minimum Deposit: 100
• Starting Spreads: 0
• Commission Per Trade: Stocks: $0.009-$0.025 per share, CFD on US Stocks: $0.02 per share, CFD on EU Stocks: 0.07%, Forex: $15 per 1 million base currency, Indices: variable
• Decimal Pricing: Up to 5 decimals
• Trading Instruments: 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
• Min. Lot Size Per Trade: –
• Max Lot Size Per Trade: –
• Demo Account: Yes
• Swap/Rollover Free: Yes

ProCent Account

• Account Currencies: USD, EUR, CHF, GBP, GOLD
• Available Leverage: Determined at registration based on trader’s experience and knowledge 
• Minimum Deposit: 100
• Starting Spreads: 1.3
• Commission Per Trade: No
• Decimal Pricing: Up to 5 decimals
• Trading Instruments: 36 CFDs on Forex and Metals
• Min. Lot Size Per Trade: 0.01
• Max Lot Size Per Trade: 50
• Demo Account: Yes
• Swap/Rollover Free: Yes
  
  
  

Security and Regulations

CySec oversees RoboMarkets’ regulation. The license’s number is 191/13. BaFin, the German Federal Financial Supervisory Authority, also oversees it.

You can be sure that using RoboMarkets won’t cause any problems because it offers MetaTrader 4 and 5. With features including three different order execution methods, three interactive charts, fifty incorporated technical indicators, and the capacity to design and operate trade robots, MT4 is the most widely used trading platform. This platform has been enhanced with new, comprehensive functionality in MT5.

RoboMarkets also provides a terminal of its own. The exclusive trading platforms for this broker are R WebTrader and R MobileTrader. There are thirteen indicators, nine graphic analysis tools, easy account management, free access, and RoboMarkets-only analytics among the features. According to the platforms provided, trading with this broker will be simple and straightforward to use.

Conclusion on RoboMarkets

This trustworthy broker has a lengthy background operating in the market. Both novice and seasoned traders can benefit from RoboMarkets’ wealth of resources, but you should be careful which account you choose because some are better suited for more seasoned traders. RoboMarkets has cutting-edge platforms and provides access to thousands of instruments. This broker is reputable, according to user reviews.