Welcome bonus brokers are an incentive for new traders offered by various brokers online that provide bonuses. The amount of this bonus is contingent on the business policy of the broker and maybe a set amount that is given to all new customers equally or a portion of the deposit they initially make for trading Forex.
Presently, the top Forex brokers that offer welcome bonuses are:
As you can observe, all RoboForex accounts require a minimum deposit of USD 10 or EUR except for the R StocksTrader account, specifically designed for traders with experience.
Be aware that even though an account may have an entry requirement for deposits, it does not mean you’ll be able to begin trading with just a little. This is because you’ll need to invest with greater margins to make satisfactory returns even with a tiny account. This will increase your risk substantially.
RoboForex has more than 4.56 million clients spread across 169 nations and has won numerous prestigious awards, such as the “Most Trusted Broker” Award from International Business Magazine, the “Best Investment Products” Award from Global Brands Magazine, the “Best Mobile Trading App” by Global Forex Awards B2B, the “Most Transparent Broker” by World Economic Magazine, the “Best Affiliate Program” from Global Forex Awards Retail.
The broker is doing things right. One of the best things about RoboForex is its broad range of accounts designed to meet the needs of every level of traders, from novice to seasoned. The options offered include stocks, indices, CFDs, commodities, ETFs and metals. This broker doesn’t charge commissions on its Pro account, which is the most well-known.
In terms of education, RoboForex is ahead of the curve. It has calendars for economics and analytics centres in addition to the plethora of options available through the MetaTrader suite offers. RoboForex is controlled through the Financial Services Commission (FSC) in Belize, which is a civil Liability insurance program with five million EUR and provides the best market insurance against fraud, omissions and negligence and other risks that could result in financial losses for customers. In the end, RoboForex is an acclaimed broker that offers a variety of accounts, products and education sources for traders.
RoboForex Minimum Deposit vs Competitors
With that in mind, we’ll look at how RoboForex compares to its rivals in terms of the minimum deposit requirements.
The Roboforex Minimum Deposit needed to open the RoboForex Account is USD 10. RoboForex offers five live trading accounts: Prime, ECN, R.StocksTrader, ProCent, and Pro.
Who Is RoboForex Recommended For?
Based on the educational materials and the kinds of accounts available, RoboForex is a suitable platform for new and experienced traders. For instance, on their website, there are directions on how you can start trading, suggesting that it’s a good choice for all newbies, including total beginners. Demo accounts are offered to all except those who have an ECN account. This indicates that RoboForex is not a problem allowing novice traders to test before purchasing a broker.
Apart from offering new traders a range of services, RoboForex also has advanced accounts, including those provided by the R StocksTrader and ECN Accounts that it claims are designed for “experienced” traders. In contrast, the Pro account is “suitable for beginning and advanced” traders, just like the present. The bottom line is not to be afraid to give it a shot, RoboForex, regardless of your experience level.
Top RoboForex Features
Excellent Trading Conditions for Forex. When it is time to trade Forex, one of the most prominent attributes offered by RoboForex is the trading conditions that it calls “unique.” RoboForex offers competitive spreads starting at 0 pips and very low fees (from $10 for every $1 million volume of trade). RoboForex offers quick order execution due to its MetaTrader 5 and 4 platforms. They are among the most efficient brokers can provide. The most advantageous trading conditions are available on RoboForex’s ECN, Prime, and R StocksTrader accounts.
Real Stock Investment. RoboForex gives traders access to a wide variety of stocks. This broker can pick from more than 3000 stocks listed on NASDAQ and the NYSE. Its R StocksTrader platform is cutting technologically advanced, and investors will be pleased with the low commissions (from $0.0045 for each share) and spread that start at 0.01 and a wide array of options you can choose from.
R Mobile Trader. R Mobile Trader lets you trade from anywhere. The app works with iOS and Android and allows users to sell more than one hundred instruments. R Mobile Trader lets trader’s close and open positions in their account with MT4, make deposits and withdrawals, invest with CopyFX (the trading copy RoboForex feature), monitor news, and perform other tasks just as they do on desktop computers.