In this section we will analyze the broker RoboForex - RoboMarkets (also called robomarkets.es - roboforex.com), is a Forex, Cryptocurrency and CFD broker. Is RoboForex - RoboMarkets really recommended for making an investment? Or is it better not to invest with this company? ⛔ Is it a safe broker? Is a gotcha? We will help you determine it. ✅
➡️ In this section you can find: opinions about RoboForex - RoboMarkets ✅, claims eexperiences , ananalysis 📊 of the most important characteristics of this company (updated 2022), and most importantly: Is it RoboForex - RoboMarkets ⚠️ a safe broker? ⛔ Can we trust this company? ✅ Will we be able to withdraw our money? All this and more in this review on this investment company.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
✅ The broker mentions being part of: RoboForex (CY) Ltd. Update: RoboMarkets Ltd. Update March 2022: RoboForex (CY) Ltd, RoboMarkets Ltd., RoboForex Ltd, GuruHosting Ltd, RoboGate Limited.
✅ Regarding its location, the broker mentions being based in: Cyprus. March 2022 update: Cyprus, Gibraltar and Belize.
✅ If we analyze the regulation of the broker, we see that it is regulated by CySEC (Cyprus regulator). Update March 2022: they mention regulation of Belize and Chipe.
📌 Remember: the best (and safest) option are regulated brokersas they must meet very strict requirements. Work with an unregulated brokerit's very risky, don't take that risk. 📌
Now we will analyze the different types of broker accountIn this case, the broker has 6 different types of accounts.
We will start with the standard ones, there are two: Fix Standard; Without minimum initial deposit, the minimum margin per transaction is 1, fixed spread of 2 pips, 33 currency pairs and metals are available. The second type of account is the Pro Standard: without initial deposit, the minimum margin per transaction is 1, floating spread of 1.3 pips, 36 currency pairs, metals and CFDs are available.
They are followed by these accounts, the ECN accounts, the first type of ECN account is the ECN-PRO NDD: no initial minimum deposit, with a minimum margin per transaction of 3.33, commission per 1 million USD of stock volume of 20 USD, has Market Execution, stop out of 40%, instruments available; 36 pairs, metals and CFDs. The second type of ECN account is the ECN-FIXSPREAD NDD account: without minimum initial deposit, with minimum margin per transaction of 3.33, without commission for transactions, it has Market Execution, stop out of 40%, instruments available; 13 pairs and metals.
The last type of accounts are the CENT accounts, the first type of CENT account is the FIX-CENT account: no minimum initial deposit, minimum margin per transaction of 0.01, fixed spread from 2 pips, basic quote (4 digits after comma ), minimum order volume (lots) of 0.01, maximum order volume of 100. The second type of CENT account is the PRO-CENT account: no minimum initial deposit, minimum margin per transaction of 0.1, floating spread from 1.3 pips, extended quote (5 digits after comma), minimum order volume (lots) of 0.1 and maximum order volume of 100 as well
It is possible to see more specifications about the different types of account by clicking the following links:
The platform types that the broker offers are: MetaTrader 4, MetaTrader 5 and Umstel.
Now then, we will go on to analyze the different resources and help that the broker offers to its clients and traders.
In the case of the RoboForex broker, some of the tools and resources that the broker offers are: the classic economic calendar, table with live quotes, seminars, educational videos, webinars and forex calculator, among other resources. In this sense, the broker is quite complete. It should be clarified that part of the tools and resources can only be used by having an account with the broker.
🢢 Other information about RoboForex - RoboMarkets 🢢
⬇️ We will leave you some more information in case you want to contact the broker, or see their website for yourself. ⬇️
📞 Telephone number+ 357 25 123275
📧 Email: [email protected]
You might be wondering why we made a review on RoboForex - RoboMarkets. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, by providing key information about the company, we disclose information that every investor should know before leaning or not, for Invest with an investment company.
>>> Assessment on RoboForex - RoboMarkets <<
Ending with this section, in our opinion Do we believe that the company RoboForex - RoboMarkets is trustworthy? Should you invest your money with the company? ⭐ 2022 analysis ⭐
Seeing all this, we recommend to be cautious, because: although it is a regulated broker, but unfortunately the regulation of Cyprus and Belize is very unsafe, as a consequence thousands of people have been scammed by brokers regulated by this body; It has offices in countries with a very bad reputation (Cyprus, Belize and Gibraltar); When looking for reviews about RoboForex or RoboMarkets we found several negative reviews warning about this broker. Bottom line: it doesn't seem like a good idea, we suggest using caution.
⛔ Update March 2020⛔ : Due to having found a large number of complaints and negative comments about Roboforex, considering that it is based in an unsafe country and that its regulation is unsafe, we consider that it is a non-recommended broker.
We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
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