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CPT Markets , Roboforex Broker Comparison

Do you want to know which is the better broker between CPT Markets and Roboforex ?

In the table below, you can compare the features of CPT Markets , Roboforex side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
 2 / 3   brokers in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Established
Regulatory license
MT4
MT5
Crypto
Deposit and withdrawal method
Benchmark
environment rating
Transaction Speed
Transaction speed rating
Average transaction speed
The highest transaction speed
The highest speed of opening positions
The highest speed of closing position
Slowest transaction speed
The lowest speed of opening positions
The lowest speed of closing position
Trading slippage
Transaction slippage rating
Average slippage
Maximum transaction slippage
Maximum positive slippage
Maximum negative slippage
Transaction Cost
Transaction cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Rollover Cost
Rollover cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Disconnection results
Software disconnection rating
Average disconnection frequency (times/day)
Reconnection time
Account Information
Accounts
Account name
Products
Deposit REQ
Maximum Leverage
Spread of majors
Forced Liquidation Ratio
Spread Types
Minimum Position
Crypto
Lock postition
Scalping
EA trading
CPT Markets
8.2
Regulated
Under guarantee
--
--
--
5-10 years
FCA,FSC,FSCA
Online banking,QR,Wire transfer,MASTER,VISA,Crypto
AA
AA
381.9
85
85
93
1884
1828
1884
A

EURUSD: 0.6

XAUUSD: -0.2

20
1
20
B
14.45 USD/Lot
38.14 USD/Lot
AA

Long: -6.47

Short: 1.99

Long: -20.13

Short: 10.43

AAA
0.3
30.7
STANDARD ACCOUNTS
--
$100
1:1000
From 0.9
50.00
Floating
0.01
--
Roboforex
5.73
Regulated
Under guarantee
10-15 years
CYSEC,NBRB,FSC
--
C
C
621.3
117
174
117
1997
1997
1969
AA

EURUSD: -0.6

XAUUSD: -0.2

29
-9
29
A
16.23 USD/Lot
23.46 USD/Lot
D

Long: -9.6

Short: 1

Long: -29

Short: -3

A
0.4
60.3
Pro,Prime,ECN,ProCent,R StocksTrader
36 currency pairs, Metals, CFD on US stocks, CFD on Indices, CFD on Oil, Cryptocurrencies
10 USD / 10 EUR
1:2000
Floating from 1.3 pips
20.00
--
0.01 lots
--

Roboforex BrokersRelevant information

Roboforex BrokersRelevant exposure

Which broker is more reliable?

You can determine the reliability and credibility of a broker by checking four factors:

1.Forex broker introduction。

2.Are the transaction costs and expenses of cpt-markets, roboforex lower?

3.Which broker is safer?

4.Which broker provides better trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

cpt-markets
CPT Markets Basic Information
Registered Country/Region Belize
Founded in 2016
Regulation FCA (UK), FSC (Belize)
Minimum Deposit $500
Demo Account Yes
Tradable Assets Forex, Metals, Energy, Indices, Cryptocurrencies
Trading Platforms MetaTrader 4, WebTrader, Mobile App
Spreads From 0.0 pips
Commission $3 per lot
Leverage Up to 1:1000
Deposit Methods Bank Wire Transfer, Credit/Debit Cards, E-wallets
Withdrawal Methods Bank Wire Transfer, Credit/Debit Cards, E-wallets
Education Trading Academy, Webinars, Trading Tools
Customer Support Phone, Email, Live Chat

Overview of CPT Markets

CPT Markets is a global financial brokerage firm that offers a variety of financial instruments for trading. Founded in 2016, the broker is headquartered in London, UK, and is regulated by the Financial Conduct Authority (FCA) and the International Financial Services Commission (IFSC). CPT Markets provides its clients with access to a range of trading platforms, including the popular MetaTrader 4 (MT4) platform, as well as a variety of educational resources and trading tools. The broker also offers competitive spreads and leverage, with the ability to trade on a range of asset classes, including forex, commodities, indices, and cryptocurrencies. However, CPT Markets does not offer its services to residents of the United States, Canada, and some other jurisdictions.

basic-info

Is CPT Markets legit or a scam?

CPT Markets is a legit broker and it has two entities regulated in their own jurisdictions:

CPT Markets is the trading name used by CPT Markets Limited, registered in Belize, regulated by the Belize International Financial Services Commission, license number: No. IFSC000314/351.

regulation

CPT Markets UK is the trading name used by CPT Markets UK Limited. The company's registered office is located in Wales, England, with registration number 6707165, authorized and managed by the UK Financial Conduct Authority (FCA), number 606110. CPT Markets UK Limited is an associated company of CPT Markets Limited.

regulation

Pros & Cons

When evaluating a potential broker to trade with, it's important to consider both the advantages and disadvantages. This can help you make an informed decision on whether a broker like CPT Markets is suitable for your trading needs. In this section, we will provide an overview of the pros and cons of trading with CPT Markets, including aspects such as trading conditions, account types, customer support, and more. By the end of this section, you should have a better understanding of what CPT Markets has to offer and whether it aligns with your trading goals and preferences.

Pros Cons
Wide selection of trading instruments Limited range of tradable instruments
Multiple account types to suit various traders No proprietary trading platform
Competitive spreads and commissions Limited educational resources
Multiple deposit and withdrawal options Limited research and analysis tools
Negative balance protection and client fund safety Limited customer support options outside of Asia
Access to popular trading platforms such as MT4 Limited social trading options

Market Instruments

CPT Markets offers a range of financial instruments across different markets, including forex, indices, commodities, and cryptocurrencies. The broker's asset selection is designed to provide traders with diversified trading opportunities and a chance to profit from market volatility. With over 60 currency pairs, major indices such as the S&P 500 and Nasdaq 100, popular commodities like gold, silver, and crude oil, as well as cryptocurrencies like Bitcoin and Ethereum, CPT Markets has a range of assets to suit different trading styles and strategies. In this way, traders have access to a broad range of markets to trade, making it easier to find potential opportunities in various markets.

products
Pros Cons
Diverse range of assets including forex, commodities, indices, and cryptocurrencies Limited selection of stocks compared to some other brokers
Competitive spreads and low commissions No option to trade futures
No option to trade options
Limited information about some of the available assets
No access to bonds or other fixed-income assets

Account Types

CPT Markets (Belize) offers three types of trading accounts: Standard, Platinum, and ECN. Each account comes with a minimum deposit requirement of $500.

The Standard account is designed for beginner traders who want to start trading with a small investment. This account offers fixed spreads and allows trading in all available instruments. It also comes with the option to use a swap-free account for those who want to trade according to Shariah law.

The Platinum account is aimed at more experienced traders who require access to a wider range of trading tools and services. This account offers variable spreads and allows trading in all available instruments. It also comes with a personal account manager, free VPS hosting, and priority withdrawal processing.

The ECN account is designed for advanced traders who require faster execution speeds and the ability to trade with no dealing desk intervention. This account offers raw spreads, which means that traders can access the tightest spreads available in the market. It also allows trading in all available instruments and comes with the option to use a swap-free account for those who want to trade according to Shariah law. Additionally, the ECN account offers free VPS hosting and priority withdrawal processing.

account-types
Pros Cons
Multiple account types to choose from High minimum deposit requirement of $500
Competitive spreads on all account types No 24/7 customer support
Access to various trading instruments No bonuses or promotions offered
Advanced trading platforms offered
Negative balance protection
Demo Accounts Available

Demo Accounts

CPT Markets offers demo accounts to its clients, which can be used to practice trading without risking real money. The validity period of the CPT Markets demo account is 30 days, after which the account will expire. It's not possible to extend the demo account's validity period, but clients can open a new demo account once the previous one expires. Each client is allowed to have multiple demo accounts to test different trading strategies or to use them for educational purposes.

demo-trading

How to open an account with CPT Markets?

  1. To initiate the account opening process with CPT Markets, interested individuals may visit the broker's official website and click on the “Open Account” button.

open-account
  1. This will redirect them to the account registration page where they will be required to fill out the necessary personal and contact information, as well as financial details and other relevant documents.

open-account
  1. After completing the online registration form, the account will then be subject to review and approval by CPT Markets. Once the account has been verified and activated, clients may then proceed to fund their trading account with the required minimum deposit and start trading various financial instruments offered by the broker.

Leverage

CPT Markets (Belize) offers a maximum leverage of up to 1:1000, which is considered to be high. However, it's worth noting that the actual leverage offered to traders may vary depending on their account equity.

For example, traders with a lower account balance may have a lower leverage ratio, while those with a higher account balance may be able to access higher leverage ratios. This is because higher leverage ratios can increase the risk of losses, and brokers must take steps to ensure that traders have enough margin to cover potential losses.

leverage

You can request a change to the leverage of your trading account by logging into the CPT Markets Client Portal, clicking on “Accounts” section, selecting the relevant account number, and clicking on the “double arrow - leverage change” icon, selecting the suitable leverage from the options.

While CPT Markets (UK) offers trading leverage up to 1:30 in accordance with the regulations set by the Financial Conduct Authority (FCA). One of the regulations set by the FCA is the maximum allowable leverage that can be offered to retail clients, which is currently set at 1:30 for forex trading. This is intended to protect retail clients from incurring large losses due to excessive leverage.

Spreads & Commissions (Trading Fees)

CPT Markets offers variable spreads, which means that the spread can widen or narrow based on market conditions. The broker also charges commissions on some of its account types.

The spreads on CPT Markets' forex pairs start from 0.0 pips, with an average spread of 0.2 pips on the EUR/USD pair. The broker also offers competitive spreads on other major currency pairs, such as GBP/USD, USD/JPY, and AUD/USD.

For indices, the spread on the UK 100 index starts from 0.8 points, while the spread on the US 500 index starts from 0.5 points. For commodities, the spread on gold starts from 0.3 pips, while the spread on silver starts from 0.02 pips.

In terms of commissions, CPT Markets charges $4 per lot for its ECN account, while the Standard and Platinum accounts have no commission charges.

spread-commission

Below is a table comparing the spreads of CPT Markets on EUR/USD, Crude Oil, and Gold with those of FP Markets and AvaTrade:

Broker EUR/USD Spread Crude Oil Spread Gold Spread
CPT Markets 0.3 pips 3.5 cents 20 cents
FP Markets 0.1 pips 3 cents 25 cents
AvaTrade 0.9 pips 3 cents 35 cents

Non-Trading Fees

In addition to trading costs, CPT Markets also charges non-trading fees that clients should be aware of. These fees include fees for deposits, withdrawals, account inactivity, and other administrative fees that may apply.

CPT Markets does not charge fees for deposits and withdrawals, and clients can make unlimited free-of-charge withdrawals per month. However, it should be noted that some payment providers may charge their own fees for transactions, which is beyond the control of the broker.

Inactivity fees may be charged to clients who have not made any trades or account activity for a period of 90 days or more. The fee for this inactivity is $50 per month, which will be deducted from the client's account balance. However, if there is no available balance in the account, no fee will be charged.

Other administrative fees that may apply include fees for account closure, wire transfers, and chargebacks. These fees vary depending on the specific circumstances and are listed in the broker's terms and conditions

Besides, CPT Markets also charge swap fees. Swap fees are charges incurred for holding a position overnight, also known as an overnight financing fee. The amount of the swap fee depends on the instrument being traded and the direction of the position (long or short).

non-trading-fees

Trading Platform

CPT Markets gives its clients access to two excellent choices of trading platforms, the advanced MT4 and MT5. CPT Markets offers the popular MetaTrader 4 (MT4) trading platform, which is available for download on desktop and mobile devices. MT4 is a well-established platform in the industry, offering advanced charting tools, technical analysis indicators, and the ability to execute trades directly from the platform. Additionally, CPT Markets also provides a web-based platform, which can be accessed through a web browser without the need for any downloads. The web platform offers similar features to the desktop platform, including charting tools and order execution.

trading-platform
trading-platform

Besides, CPT Markets also offers the MetaTrader 5 (MT5) trading platform to its clients. With MT5, traders can access a range of order types, including market orders, limit orders, stop orders, and trailing stops. The platform also supports hedging, allowing traders to open multiple positions in the same market in different directions. In addition to the desktop version, CPT Markets also offers a mobile version of the MT5 platform, allowing traders to access the markets from anywhere with an internet connection. The mobile app is available for both iOS and Android devices and offers many of the same features as the desktop version.

Broker Platform Desktop Web Mobile Automated Trading
CPT Markets MetaTrader 4
MetaTrader 5
cTrader
FXCM Trading Station
MetaTrader 4
NinjaTrader
FP Markets MetaTrader 4
MetaTrader 5
WebTrader
IRESS

Deposit & Withdrawal

CPT Markets offers a variety of deposit and withdrawal methods for its clients, including bank wire transfer, credit/debit card, and online payment systems. The broker does not charge any fees for deposits, but third-party fees may apply depending on the payment method used. Withdrawals are generally processed within one business day, but it may take up to five business days for funds to appear in the client's account, depending on the withdrawal method.

Clients can make deposits and withdrawals in multiple currencies, including USD, EUR, GBP, AUD, and CAD. However, it's worth noting that there may be some currency conversion fees charged by the payment provider. In terms of minimum deposit requirements, CPT Markets requires a minimum deposit of $500 for all account types, which is higher than the industry standard.

Pros Cons
Multiple deposit and withdrawal options Some methods may incur fees or minimum transaction amounts
No deposit or withdrawal fees for most methods Withdrawals can take up to 3 business days to process
Option to use local bank transfer in some regions Limited availability of some methods in certain regions
Withdrawal options are more limited than deposit options
Currency conversion fees may apply for some methods

Minimum Deposit

CPT Markets has set the minimum deposit amount at $500, which is relatively higher than the industry average. This may be a consideration for some traders who are just starting out or have limited funds available for trading.

Below is a table comparing the minimum deposit requirements of CPT Markets, IC Markets, and FP Markets:

Broker Minimum Deposit
CPT Markets $500
IC Markets $200
FP Markets $100

Customer Support

CPT Markets offers customer support to clients via various channels. Clients can reach out to the broker's customer service team through phone, email, live chat, and social media platforms such as Facebook and Twitter. The broker also provides a comprehensive FAQ section on its website that covers a wide range of topics related to trading and account management.

CPT Markets' customer service team is available 24/5 to assist clients with any questions or issues they may have. The broker has a multilingual support team that can assist clients in different languages, including English, Chinese, Spanish, and Arabic.

customer-support

Educational Resources

CPT Markets offers a variety of educational resources to help traders improve their skills and knowledge of the financial markets. These resources include:

  • Webinars: CPT Markets offers regular webinars covering a range of topics, from trading strategies and market analysis to risk management and trading psychology.

  • Video Tutorials: CPT Markets provides a range of video tutorials covering different aspects of trading, including technical analysis, fundamental analysis, and trading psychology.

  • eBooks: CPT Markets offers a range of eBooks covering various topics related to trading, including forex trading, stock trading, and commodity trading.

  • Economic Calendar: CPT Markets provides an economic calendar that displays upcoming economic events and their potential impact on the financial markets.

  • Market Analysis: CPT Markets provides daily market analysis, including technical analysis, fundamental analysis, and market news.

  • Trading Tools: CPT Markets offers a range of trading tools, including trading calculators, economic indicators, and a margin calculator.

educational-resources
educational-resources

Conclusion

CPT Markets is a regulated broker that offers a range of trading instruments on multiple trading platforms. The broker's competitive spreads and flexible leverage options make it an attractive option for traders. Additionally, CPT Markets provides a wide range of educational resources, including webinars, trading courses, and market analysis, to help traders improve their skills and make informed trading decisions.

However, CPT Markets does have some drawbacks. The minimum deposit requirement of $500 is higher than industry standards, and the broker charges higher than average non-trading fees. Customer support options are limited, with no phone support available. Finally, while the broker offers a variety of deposit and withdrawal options, some users have reported slow processing times for withdrawals.

Overall, CPT Markets may be a suitable choice for experienced traders who value competitive pricing and a variety of educational resources. However, potential users should weigh the pros and cons carefully and conduct their own research before opening an account with the broker.

FAQs

  • Q: Is CPT Markets regulated?

    A: Yes, CPT Markets is regulated by the Financial Conduct Authority (FCA) in the UK and the International Financial Services Commission (IFSC) in Belize.

  • Q: What is the minimum deposit requirement for CPT Markets?

    A: The minimum deposit requirement for CPT Markets is $500.

  • Q: What trading platforms are available with CPT Markets?

    A: CPT Markets offers the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, as well as the CPT Markets Mobile App.

  • Q: Does CPT Markets offer a demo account?

    A: Yes, CPT Markets offers a demo account that is valid for 90 days. Multiple demo accounts can be opened.

  • Q: What is the maximum leverage offered by CPT Markets?

    A: CPT Markets offers leverage up to 1:1000, but the actual leverage offered varies depending on the account equity.

roboforex

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

Information Details
Company Name RoboForex
Registered Country/Region Belize
Founded in 2009
Regulation IFSC, CySEC, NBRB
Tradable Instruments Forex, Stocks, Indices, CFDs on Futures, Energies, Commodities, Cryptocurrencies, ETFS
Trading Platforms MetaTrader 4, MetaTrader 5, cTrader, WebTrader, R MobileTrader, R StocksTrader
Minimum Deposit $10
Maximum Leverage 1:2000
Account Types Prime, ECN, R StocksTrader, Procent, Pro and Demo Accounts
Spreads From 0 pips
Commission Depends on account type and instrument
Deposit Methods VISA, MasterCard, Bank Transfer, Skrill, Neteller
Withdrawal Methods Same as deposit methods
Education Webinars, video tutorials, trading strategies, eBooks, economic calendar
Customer Support 24/7 live chat, phone, email, social medias
Additional Features Copy Trading, VPS, Bonus Programs
Bonus Program Yes

*Please note that the information in this table is subject to change and you should always refer to the broker's official website for the most up-to-date information.

Overview of Roboforex

Roboforex, the trading name of Roboforex Cy Ltd, is a forex broker that has been around for over a decade and has made a name for itself in the industry. Founded in 2009, Roboforex is based in Belize, and then became a member of the FSCL, launched a negative balance guarantee service, later added CFD instruments, and introduced gold and CNY trading accounts. Roboforex offers a wide range of trading instruments, including forex, commodities, stocks, indices, and cryptocurrencies, with over 10,000 instruments available for trading. In 2016, Roboforex started creating a proprietary investment platform with a professional analysis centre RAMM and released stock trading. In 2019, the forex broker's tradable instruments reached 11,700, with global updates for the Android and iOS versions of R WebTrader and R MobileTrader, and won more than 20 awards in the financial industry.

One of the key features of Roboforex is its variety of account types. The broker offers several different account options, including Prime, ECN, R StocksTrader, Procent, Pro and Demo Accounts.

In addition to its diverse account types and trading instruments, Roboforex also offers several different trading platforms. The broker supports both the popular MetaTrader 4 and MetaTrader 5 platforms, as well as their own proprietary platform, R Trader and cTrader. These platforms are available for desktop, web, and mobile devices, ensuring that traders can access the markets wherever and whenever they want.

Roboforex also offers various educational resources, including webinars, video tutorials, and market analysis, to help traders improve their trading skills and knowledge. In terms of customer support, Roboforex provides 24/7 multilingual support via phone, email, live chat, and social media.

 basic-info

Is Roboforex legit or a scam?

Roboforex is regulated by the International Financial Services Commission of Belize (IFSC) under license number IFSC/60/271/TS. This means that the broker is required to adhere to strict regulations and guidelines to ensure the safety of its clients' funds and the integrity of its operations. Additionally, Roboforex is a member of the Financial Commission, an independent organization that provides a neutral dispute resolution process for its members and their clients.

regulation

Another entity, RoboMarkets, LLC, is authorized and regulated by the National Bank of the Republic of Belarus under the license number of 15.

regulation

RoboForex Ltd. is authorized and regulated by the Financial Services Commission (FSC) under license number of IFSC/60/271/TS/17.

regulation

Pros and Cons

Some of the pros of trading with RoboForex include its low minimum deposit requirement, high leverage options, and multiple account types. The broker also provides a variety of trading platforms, including the popular MetaTrader 4 and 5 platforms, and has a useful selection of educational materials for beginners.

However, some of the cons of trading with RoboForex include its limited research tools, lack of transparency in pricing, and the potential for high trading fees. Customer support is not available 7/24 and sometimes, it is slow for them to answer clients' inquiries.

Pros Cons
Regulated by CYSEC, NBRB, FSC Limited educational resources
Wide range of trading instruments available Limited research tools
Low minimum deposit requirement High commission fees for certain account types
Generous leverage up to 1:2000 Withdrawal fees for certain payment methods
Multiple account types to suit different needs Limited customer support hours for some regions
Multilingual customer support offered No 7/24 customer support
Multiple user-friendly trading platforms to choose from
Free education materials and webinars available for traders
Bonus not applicable for some accounts

Market Intruments

RoboForex offers a diverse range of market instruments, including Forex, Stocks, Indices, CFDs on Futures, Energies, Commodities, Cryptocurrencies, and ETFS.

  • Forex - RoboForex offers trading in over 40 currency pairs, including majors, minors, and exotic pairs. They also offer access to the interbank market, which can provide better pricing and execution.

  • Stocks - RoboForex offers trading in a wide range of stocks from some of the world's biggest companies, including Apple, Google, Amazon, and Facebook. They also offer access to stocks from emerging markets, providing traders with opportunities for diversification.

  • Indices - RoboForex offers trading in a range of global indices, including the S&P 500, NASDAQ, FTSE 100, and DAX. This allows traders to gain exposure to the performance of a range of different markets.

  • CFDs on Futures - RoboForex offers trading in a range of futures contracts, including those based on commodities like gold, silver, and crude oil. This provides traders with opportunities to profit from movements in commodity prices.

  • Energies - RoboForex offers trading in energy markets, including crude oil, natural gas, and heating oil. This provides traders with opportunities to profit from changes in energy prices.

  • Commodities - RoboForex offers trading in a range of commodity markets, including gold, silver, and copper. This allows traders to gain exposure to the performance of different commodity markets.

  • Cryptocurrencies - RoboForex offers trading in a range of cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. This provides traders with opportunities to profit from the volatility of these markets.

  • ETFs - RoboForex offers trading in a range of exchange-traded funds (ETFs), providing traders with opportunities to gain exposure to different markets and sectors.

market-instruments
market-instruments
market-instruments
Pros Cons
Wide range of trading instruments including forex, stocks, indices, commodities, cryptocurrencies, and more Limited selection of individual stocks compared to some other brokers
Commission-free trading on many instruments Some CFDs have high overnight fees
Leverage up to 1:2000 for major fx pairs Limited availability of certain instruments in certain countries
Access to trading platforms including MetaTrader 4 and 5, as well as cTrader, and its proprietary trading platform Some trading instruments have wider spreads than other brokers
Availability of Islamic accounts for clients who follow Sharia law Trading cryptocurrencies involves high risk
Options for copy trading and investing in PAMM accounts

Account Types

RoboForex understands that each trader is unique and has their own trading needs and preferences. That's why they have created a diverse range of trading accounts to cater to all types of traders.

  • Prime Account: The Prime Account, one of RoboForex's offerings, is an excellent choice for traders who are looking for low spreads and reasonable commission rates. To start trading, clients only need to deposit a mere $10 into their account. This account type provides traders with access to a maximum leverage of 1:300, which is a great advantage for those who want to make the most of their capital. With this account, traders can enjoy trading 28 currency pairs, precious metals, and CFDs on stocks and cryptocurrencies.

  • ECN account: RoboForex's ECN account is an exceptional choice for traders who are looking for a trading account with low spreads, high leverage, and a wide range of tradable instruments. With a modest minimum deposit requirement of only $10, traders can take advantage of the account's maximum leverage of 1:500. The ECN account offers an impressive 36 currency pairs, metals, and CFDs on stocks and cryptocurrencies to choose from.

  • R StocksTrader account: The R StocksTrader account is a lucrative option for traders who are looking to invest in a broad range of global stocks with a minimum deposit of $100. The account offers a generous maximum leverage of 1:500, which provides ample opportunity for traders to capitalize on their investments. The R StocksTrader account offers access to more than 12,000 stocks from around the world, including the major US and European exchanges, making it an excellent choice for traders who are looking to diversify their portfolio.

  • Procent account: The Procent account offered by RoboForex is a versatile and well-rounded option for traders of all levels, and particularly appealing to those who prefer a more conservative approach to trading. With a minimum deposit requirement of just $10, this account type offers accessibility to a wider range of traders. Moreover, the maximum leverage of 1:2000 allows traders to exercise greater control over their positions. The Procent account offers access to 36 currency pairs and metals.

  • Pro account: The Pro Account is a sought-after trading account offered by RoboForex. With a modest minimum deposit requirement of only $10, it provides traders with access to an impressive maximum leverage of 1:2000. This means that traders can take larger positions in the market. This trading account grants traders access to 36 currency pairs, including major, minor, and exotic pairs, as well as metals, CFDs on indices, stocks, and cryptocurrencies.

account-types
account-types

How to open an account?

Opening an account with RoboForex is a straightforward process that can be completed in just a few steps.

  • First, clients need to visit the broker's website and click on the “Open an account” button located in the top right corner of the page.

open-account
  • From there, they will be redirected to a registration page where they can fill out their personal and financial information, including emails, name, mobile phone number and more.

open-account
  • After completing the registration form, clients will need to verify their identity by providing a copy of their government-issued ID and a recent utility bill as proof of address. This step is necessary to comply with international anti-money laundering and know-your-customer regulations.

  • Once the account has been verified, clients can fund their account through a variety of methods, including bank transfers, credit/debit cards, and electronic payment systems such as Skrill and Neteller. The minimum deposit for most account types is $10, although the R StocksTrader account requires a minimum deposit of $100.

  • After funding their account, clients can download the trading platform of their choice and start trading in the markets.

Leverage

The maximum leverage of 1:2000 available for the Pro Account and Procent account type is particularly noteworthy, offering experienced traders a chance to pursue even more profitable trades. The Prime and ECN accounts also offer high leverage, ranging from 1:300 to 1:500.

However, it's important to note that high leverage can magnify both profits and losses, so traders should use it carefully and with proper risk management strategies in place.

Here is a table displaying the maximum leverage offered by four popular brokers - RoboForex, FP Markets, IC Markets, and Exness, which can help traders evaluate their options based on their preferred leverage:

Broker Name Maximum Leverage
RoboForex 1:2000
FP Markets 1:500
IC Markets 1:500
Exness 1:2000

*It's important to note that leverage can vary by account type, instrument, and regulatory requirements.

Spreads & Commissions (Trading Fees)

RoboForex offers a variety of trading accounts that determine the spreads and commissions charged. For instance, the Procent and Pro accounts provide average spreads starting at 1.4 pips, whereas the ECN account offers an average spread from as low as 0.1 pips. On the other hand, the Prime account entails up to 10% commissions, while the ECN account provides up to 15% commissions. It's essential to note that the trading fees may vary based on the trading instruments used and market conditions. As such, it's advisable to check the spreads and commissions charged for each trading account before making any trading decisions.

spread-commission
spread-commission
spread-commission
spread-commission

The R stockstrader account stands out as a distinctive trading account option offered by RoboForex, which entails a unique commission structure for trading various instruments. For instance, trading US stocks under this account attracts a commission of 0.009 USD per share, while EU stocks command a commission of 0.025 USD per share. CFDs on US stocks are charged a commission of 0.02 USD per share, while for CFDs on EU stocks, the commission is 0.07%. As for trading currencies, a commission of 15 USD is applied for every 1 million base currency traded. The commission for trading indices is variable and subject to changes based on market conditions.

spread-commission

Non-Trading Fees

RoboForex also charges non-trading fees, which include fees for deposits and withdrawals, as well as account inactivity fees. Inactivity fees are also charged for accounts that have been inactive for more than 90 days, with a fee of $10 per month applied until the account becomes active again.

RoboForex charges overnight interest, also known as swap, on positions held overnight on certain instruments. The overnight interest rates for long and short positions vary depending on the instrument and the trading account type. The rates can be found on the trading platform or on the broker's website.

Trading Platform

RoboForex provides a range of trading platforms to cater to different trading needs and preferences. The most popular trading platforms offered by RoboForex include MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader. These platforms are available for desktop, web, and mobile devices, allowing traders to access the markets from anywhere at any time.

MT4 is a widely used trading platform that offers advanced charting capabilities, automated trading features, and the ability to customize indicators and trading robots. MT5, on the other hand, is a more advanced version of MT4, with additional features such as multi-currency strategy testing and more advanced analytical tools.

trading-platform
trading-platform
trading-platform
trading-platform

cTrader is a trading platform designed for ECN trading, with advanced charting tools and fast trade execution speeds. The platform is popular among traders who prefer a more streamlined trading experience.

trading-platform

In addition to these popular trading platforms, RoboForex also offers its own proprietary platforms, including R MobileTrader and R StocksTrader. R MobileTrader is a mobile trading platform that provides access to trading accounts, real-time market data, and order execution. R StocksTrader, as mentioned earlier, is a unique trading account that offers commission-based trading on US and EU stocks.

trading-platform
trading-platform

Lastly, for traders who prefer to trade directly from their web browser, RoboForex offers the WebTrader platform. This platform requires no download or installation and offers a simple, user-friendly interface for trading.

Bonuses Offered

RoboForex offers an impressive range of bonus programs that cater to the needs of different types of traders. The 30 USD welcome bonus is a great incentive for new traders looking to test the waters of live trading. The classic bonus program offers up to 120% bonus on deposits, giving traders additional funds to trade with. The profit share bonus program allows traders to earn up to 60% of the profit generated by their referrals, making it an attractive option for traders who have a large network of contacts. The up to 10% on account balance program is another great way for traders to boost their account equity. The cashback rebate services offer traders the opportunity to earn cashback for each trade they make, reducing their trading costs.

bonuses-offered
bonuses-offered
bonuses-offered

Deposit & Withdrawal

RoboForex offers a variety of deposit and withdrawal options, including VISA, MasterCard, bank transfer, Skrill, Neteller, Perfect Money, AdvCash, VISA, MasterCard, QR & Vouchers, Western Union. Deposits can be made in USD, EUR, GBP, and CHF, and there are no deposit fees charged by the broker. Withdrawals can also be made in the same currencies and are processed within one business day. The processing time for bank transfers can take up to five business days. The minimum deposit amount varies depending on the account type, ranging from $10 for the Prime, ECN, Procent, and Pro accounts to $100 for the R StocksTrader account.

There are no deposit fees, but withdrawal fees may apply depending on the payment method used. For example, withdrawals through AstroPay are subject to a fee of 0.5%, and withdrawals through Skrill and Neteller are subject to a fee of 1% and 1.9%, respectively. Withdrawal fees through VISA, MasterCard/JCB/CUP are subject to a fee of up to 2.6 % +1.3 USD.

payment-methods
payment-methods
Pros Cons
Accepatble minimum deposit amount
Multiple deposit and withdrawal options available Most withdrawal options may have fees
Fast processing times for most deposit methods Deposit and withdrawal processing times can vary
No deposit fees for most methods Some methods may not be available in certain regions
User-friendly deposit and withdrawal interfaces

Customer Support

Roboforexs customer support can be reached by telephone: +65 3158 8389 (English), +88 6277414290 (HK), +66 65 965 6091 (Thailand), email: info@roboforex.com, info@roboforex-cn.org. The online chat function is available 24/7, allowing clients to connect with a representative in real-time and receive assistance promptly. Additionally, the company's website has an extensive FAQ section, which provides answers to many common questions about trading accounts, deposit and withdrawal methods, trading platforms, and more.

Besides, clients can also follow up with this broker on some social media platforms, such as Facebook, Twitter, Instagram and Youtube.

Company address: 2118 Guava Street, Belama Phase 1, Belize City, Belize; 9724 Ramiro Duran Street, Belize City, Belize.

customer-support
customer-support
Pros Cons
24/7 customer support through phone and email Customer support can be slow to respond sometimes
Quick response time to customer inquiries
Knowledgeable and helpful customer support staff
Comprehensive FAQ section available on website
Online chat support available on the website

Educational Resources

RoboForex offers some educational resources to help traders improve their skills and knowledge, including a wide range of analytics, comprehensive educational materials, trading tools such as a trading calculator and financial charts, and much more. These resources are designed to help traders stay up-to-date with the latest market trends and make informed trading decisions, but it's important to note that additional independent research may be necessary for more advanced strategies.

educational-resources

Conclusion

To summarize, RoboForex is a renowned online brokerage firm that provides a diverse range of account options catering to various trading requirements. The broker offers an extensive range of tradable instruments, competitive trading fees, and high leverage options. The user-friendly trading platforms come equipped with advanced trading tools, enabling traders to make informed trading decisions. The broker also offers excellent customer support, with multiple channels available for assistance.

While RoboForex presents an excellent trading opportunity, it is crucial to exercise caution while trading with leverage and implement proper risk management strategies.

FAQs

Q: Is RoboForex a regulated broker?

A: Yes, RoboForex is regulated by several financial authorities, including FSC, CySEC and NBRB.

Q: What trading platforms does RoboForex offer?

A: RoboForex offers a variety of trading platforms, including MetaTrader 4, MetaTrader 5, cTrader, WebTrader, R MobileTrader, and R StocksTrader.

Q: What is the minimum deposit required to open an account with RoboForex?

A: The minimum deposit required varies depending on the account type, $10 to open most account types, and $100 to open the R Stockstrader account.

Q: What trading instruments can I trade with RoboForex?

A: RoboForex offers a range of trading instruments, including forex, stocks, indices, commodities, Futures, ETFs, cryptocurrencies, and more.

Q: Does RoboForex offer any bonuses or promotions?

A: Yes, RoboForex offers various bonuses and promotions to its clients, such as a welcome bonus, deposit bonus, and cashback.

Q: Does RoboForex offer any educational resources for traders?

A: Yes, RoboForex provides a range of educational resources, including trading tools, financial news and analysis, webinars, and a demo account for practice trading.

Are the transaction costs and expenses of cpt-markets, roboforex lower?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive cpt-markets and roboforex are, we first considered common fees for standard accounts. On cpt-markets, the average spread for the EUR/USD currency pair is From 0.9 pips, while on roboforex the spread is Floating from 1.3 pips.

Which broker between cpt-markets, roboforex is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

cpt-markets is regulated by FCA,FSC,FSCA. roboforex is regulated by CYSEC,NBRB,FSC.

Which broker between cpt-markets, roboforex provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

cpt-markets provides trading platform including STANDARD ACCOUNTS and trading variety including --. roboforex provides trading platform including Pro,Prime,ECN,ProCent,R StocksTrader and trading variety including 36 currency pairs, Metals, CFD on US stocks, CFD on Indices, CFD on Oil, Cryptocurrencies.

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