RoboMarkets review and test 2023: first choice for beginners and professionals

RoboMarkets review and test 2023: first choice for beginners and professionals

The RoboMarkets test should be done by everyone who is interested in future-oriented brokers. Not only are there more than 12,000 investment opportunities across seven asset classes. No, RoboMarkets experiences are also possible with more than five account models. If you want, you can easily get into the experience in the broker and secure one of the demo accounts’ virtual credit. The fact that getting to know each other is worthwhile is shown by the innovative trading platforms and many free extras. Traders can expect not only diversity in trading but also in terms of further education.

If you want to gain RoboMarkets experience for the first time, you can look forward to a bonus of up to 120% of the deposited amount. Traders benefit from a maximum bonus of up to $50,000 at the highest trading volume. Ideal for those who want to invest ambitiously and make the most of the bonus.

If you want to secure the bonus, proceed as follows:
· Open an account
· Verify
· Deposit
money · Collect bonus

The bonus is paid out for MetaTrader4 and MetaTrader5-based accounts. ECN, ContestFX, and CopyFX accounts are exempt. In order for the bonus not only to be available on the account but to be used optimally, traders must meet the conditions.

All funds in the account are divided into two parts: own funds and bonus. The bonus cannot be used during the “drawdown”. For example, if you deposited $5,000 into the trading account and received a bonus of $2,500 (50%), you won’t be able to use the bonus until the account balance drops below $2,500.

The RoboMarkets review of the website is positive. The broker manages to draw attention to itself with an unmistakable color and design concept. Due to the light background and the skilfully staged content in blue and white, there is a maximum overview.

The same applies to the menu navigation, which is reduced to the most important things:
· for customers
· useful tools
· About us

In the “for clients” category, traders will really find everything they need for trading pleasure. In addition to the trading conditions, the tradable assets, account types, and services (e.g. VPS servers) are available.

There is also clarity in the app. If you want to gain experience with RoboMarkets yourself, you can download it free of charge from the Apple or Google Play Store. Even without an app via the mobile browser, access works flawlessly. Delayed loading times are not recognizable in the RoboMarkets test, which confirms the positive rating once again.

The RoboMarkets experience report on the account models is extremely extensive. The reason for this is positive: The broker provides several account options, including the RoboMarkets demo account. Traders who want to start with their own capital can choose from two account options:
· Prime CFD
· Prime Stocks

If you want to secure a RoboMarkets demo account, you can even choose from three options:
· Demo Pro
· Demo
· Demo R Stocks Trader

With the credit provided, it is easier to gain your first RoboMarkets experience without risk. The numerous learning contents can also be tried out from theory in practice. All account models are free of charge but differ in their services.

For example, the Prime CFD account requires a minimum deposit of €500, while the Prime Stocks account requires €2,000. Additionally, there are differences in the trading tools provided. With the Prime CFD, traders can trade 36 currency pairs, CFDs on stocks, indices, oil as well as precious metals. The Prime Stocks offers significantly more trading choices.

The RoboMarkets review is not only generous for the account variants. No, the broker continues its diversity in trading platforms as well. You can choose from the following in the RoboMarkets test:
· MT4
·. It is one of the most popular trading platforms and is also provided by other brokers. Countless technical indicators and graphical objects as well as various order executions and real-time data make it a successful platform to get started.
The MT5 is also designed for CFD trading and convinces with a greater market depth as well as:
· 6 Types of Pending Orders
· 4 types of order execution
· Multithreading Tester

Both platforms can be used not only via the website but also on mobile.

The R StocksTrader should not be missing in the RoboMarkets test. The platform specifically for securities trading is well-structured, flexible and responsive. Traders will not only find advanced charting functions but can also put together algorithmic strategies using the construction kit.

Is RoboMarkets legit when it comes to payment service providers? The test clearly shows: yes. However, there is only one payment option available: bank transfer. Deposits and withdrawals are processed by the partner, HypoVereinsbank. Other payment options, such as credit cards and the like, are not provided.

RoboMarkets does not incur any fees for transaction processing. However, traders should consider the minimum amount when withdrawing: €10. The processing time of the bank transfer can take up to five working days, depending on the participating credit institutions.

If traders have questions about RoboMarkets costs or other topics, reliable support should help quickly. What are the RoboMarkets experiences like in practice?
Fortunately, customer support is available 24/7, even multilingual. Numerous communication channels are offered:
· Live Chat
· Telephone
· Contact form online
· Email

There is even a phone number for traders from Germany. This makes the RoboMarkets valuation much more positive. However, 24/7 support focuses on online support. Answering questions via the live chat or the contact form is much faster than on the telephone hotline.

If you want to go in search of answers, you should take a look at the FAQ section. Also convincing in the RoboMarkets test. Important answers to questions from all subject areas are well explained here. Maybe the support is no longer in demand. If you want, you can also find answers to the RoboMarkets demo account here and learn how you could use it even more efficiently.

Is RoboMarkets reputable or do traders have to be afraid of fraudulent intentions from the broker? Not at all, as the RoboMarkets review impressively shows. The company is based in Germany and is therefore regulated and supervised by:
· Federal Financial Supervisory Authority (BaFin)
· Deutsche Bundesbank

For traders, these are good conditions to become active even with the required minimum deposit of €200. Traders’ funds are also kept separate from the broker’s own funds. In the event of insolvency, traders’ funds are not affected. Of course, deposit protection should not be missing either. Here, the broker adheres to the legal requirements.

As the RoboMarkets experience shows, customer protection is already a top priority during registration. Traders not only have to verify themselves but also have to reveal previous trading experience. Thus, RoboMarkets also complies with applicable law and supports its traders in making trading decisions.

Without additional RoboMarkets costs, taking advantage of the generous demo account offers is not all that the broker has to offer. In addition, various services are provided that welcome optimal traders in particular. Among them, the Remote VPS service.

Ideal for anyone who wants to gain RoboMarkets experience and trade around the clock. Those who use Expert Advisors can rely on the remote VPS servers. They carry out trading activities 24/7. This is an uninterrupted internet connection with the highest speed.

There is also a lot on offer for trading beginners. The RoboMarkets test shows various training videos that traders can use to take their first steps in trading CFDs and the like. They are provided without any additional RoboMarkets fees and help with the optimized trading entry. If you are really clever, you can combine the basic theoretical knowledge of the videos with the free demo account and trade under conditions close to the market.

Social Trading Trading Offer

Traders can now even gain RoboMarkets experience with copied transactions. For this, the broker establishes access to the CopyFX platform. Ideal for getting started, because with a deposit of $100 or more, traders can learn from successful traders. There are countless signalers available in the community.

If you want to take advantage of this offer, you don’t have to open another account. It can be accessed via:
· ProCent
· Pro
· ECN
· Prime
· Pro-Affiliate
· ECN Affiliate
· Cent Affiliate

Which trading instruments and strategies are copied, each trader decides for himself.

Social Trading Trading Costs

The costs depend on the copied system or trading instruments. Everyone can determine the investment amount themselves and determines the risk and costs on their own initiative. From a minimum deposit of 100 USD, copied trading via the MT4 is easily possible.

Stock exchanges and trading venues

Depending on the financial product chosen, the strategies are implemented on the world’s trading venues.

Product Summary & Conclusion on RoboMarkets Social Trading

The system for copying trades at RoboMarkets hasn’t been around that long. Nevertheless, it is very well received in the RoboMarkets test. Traders can start with a minimum investment of $100 and take advantage of the community’s knowledge. Depending on their trading strategy or preferred financial instruments, everyone can fulfill their dream of making a profit. Be careful, because there is no guarantee of success despite successful signal transmitters.

The experience in the RoboMarkets test shows that stock trading is not only possible with CFDs. The broker also provides genuine securities, especially to American companies. If you want, you can use the R StocksTrader as an innovative trading platform and the Prime Stocks account as an ambitious trader. There are countless securities to choose from for long-term traders.

The stock trading conditions vary. Depending on the account chosen, traders pay a minimum deposit of €2,000 (for prime stocks) and a monthly account fee (€29 for prime stocks). There are not only innovative trading platforms but also attractive trading conditions:
· Fee-free withdrawal
· Free SMS notifications for events or other events
· Stock Market Spreads

Securities trading is possible on the world’s major stock exchanges. There’s even a special extra: Traders can look forward to a free video course on stock trading on the NASDAQ and NYSE. This creates optimal conditions for successful trading on the American stock exchanges in the future.

The RoboMarkets test shows that the provider’s stock offering is convincing. The world’s most important trading venues are available so that the RoboMarkets experience is positive.

ETF Trading Offer

With more than 1,000 ETFs trading offerings, the RoboMarkets experience is really good. The broker provides real ETFs and CFDs on ETFs. Depending on the desired trading strategy, market situations can be used much better with ETF options.

ETF Trading Costs

The conditions vary, as the RoboMarkets review shows. If traders opt for the ETF Pro account, the commission is $0.0045 per share. The minimum commission is set at $0.25. The first deposit must be made with $10,000. The lever can be used up to 1:20. This account model shows that the ETF offer at RoboMarkets was created primarily for ambitious traders.

The ETF account can also be opened. The conditions help:
· Commission: $0.02 per share
· Minimum commission: $
1.5 · First deposit: 200 USD
· Leverage: 1:2

RoboMarkets financing costs are not incurred with all account models.

Stock exchanges and trading venues

ETFs are always traded between 13:30 – 20:00 (UTC) – regardless of the account. Traders can view current prices themselves or have them conveniently generated via the R StocksTrader platform.

Product Summary & Conclusion on RoboMarkets ETF

When it comes to ETFs, traders can choose from over 1,000 offers. These assets are provided either as real ETFs or CFDs on ETFs. Trading takes place between 13:30 p.m. and 20:00 p.m. (UTC), which significantly limits trading decisions. For this, an innovative platform for trading decisions is available.

CFD Trading Offer

The RoboMarkets experience shows that traders gain access to popular markets. CFDs are tradable on:

· Stocks
· Indices
· Oil
· Precious metals
· ETFs

In addition, securities can also be traded directly in the Prime Stocks account via the custody account. The total selection of CFDs is once again significantly smaller compared to many other brokers. For example, there are more than ten offers of the indices, and more than 100 of the metals or agricultural commodities. On the other hand, the selection of CFDs on securities is huge, as there are more than 12,000 trading instruments available.

CFD Trading Costs

The trading costs can stand up to comparison with other brokers. Traders do not pay any commission and benefit from flexible leverage. However, the Prime CFD account model costs a monthly subscription fee of €19. If you are quick, you can save RoboMarkets costs for account management for the time being, because the broker has an exclusive offer for this until 2022.

CFD Trading Conditions

Depending on the underlying asset selected and the account, the conditions vary. Professional traders are allowed to use a maximum leverage of 1:500 (after successful testing). For private traders, the leverage is limited to 1:30.

The trading conditions start from 0 pips and are therefore absolutely competitive with other brokers. If you want to make more confident trading decisions, you can use the broker’s own analysis center for CFDs and Forex and get up-to-date forecasts and market overviews.

Product Summary & Conclusion on RoboMarkets CFD

The CFD offer is particularly common for securities. There are more than 12,000 trading instruments available here. The diversity of underlying assets is rounded off by indices, metals or commodities. When it comes to trading conditions, customers can look forward to RoboMarkets: Trading is possible from 0 pips with a maximum leverage of 1:30 (for private traders).

Forex Trading Offer

The test shows a limited selection when trading forex pairs. The broker focuses mainly on the majors and selected minor currencies. These include:
· EUR/USD
· USD/JPY
· GBP/USD
· EUR/GBP

If you want to take advantage of the possibilities in foreign exchange trading, you can first start with the free account and virtual credit. More detailed theoretical information for the optimal start of trading is available in the free training area.

Forex Trading Costs

Trading costs vary. Traders can get active with variable spreads starting from 0 pips. Additional costs, for example for account management, may be incurred depending on the selected account model.

Stock exchanges and trading venues

The foreign exchange market is the largest in the world. Trading takes place during the usual trading hours, when traders have access to all world-famous stock exchanges via RoboMarkets.

Product Summary & Conclusion on RoboMarkets Forex

Compared to many other brokers, the trading offer for foreign exchange is low. There are over 35 pairs available that can be traded from 0 pips. Looking at the costs interesting, if you want diversification in forex trading, you may not find it here.

Our RoboMarkets experiences in conclusion

The RoboMarkets rating is positive due to the variety of accounts and trading opportunities. With an account of USD 200 or more, the broker is not only aimed at trading beginners, but also at professionals with other account models. In addition, the learning effect is not neglected, because there are numerous demo accounts and free training area available. If you want, you can even secure a bonus of up to 120% with your first deposit. Inexperienced traders can even use rated signal generators as support for trading ideas with the CopyFX program. The assessment is also positive with regard to RoboMarkets costs, because the broker offers countless free extras.