RoboMarkets Information

Founded in 2019 and regulated by the Seychelles FSA (license no. SD048), RoboMarkets is an online broker offering access to over 12,000 trading instruments across various markets. It provides multiple trading platforms including MT4, MT5, and R StocksTrader, suitable for both beginners and experienced traders. While the broker is known for its high leverage options and low trading fees, it lacks support for cryptocurrencies and CFDs.

Pros and Cons

Is RoboMarkets Legit?

Yes, RoboMarkets is a legitimate broker. It is regulated by the Seychelles Financial Services Authority (FSA) and holds a Retail Forex License with the license number SD048.

What Can I Trade on RoboMarkets?

RoboMarkets offers access to over 12,000 trading instruments across 7 asset classes, providing diverse options for traders. These include stocks, indices, ETFs, commodities, and more.

Account Types

RoboMarkets offers 5 types of live accounts tailored for different trader profiles, along with demo accounts for practice.

Leverage

RoboMarkets offers flexible leverage options depending on the account type, with maximum leverage ranging from 1:300 to 1:2000. For example, Pro and ProCent accounts offer up to 1:2000, while the R StocksTrader account offers up to 1:300. Leverage can magnify both gains and losses. While high leverage increases the potential for profit, it also bring risks.

RoboMarkets Fees

Compared to industry standards, RoboMarkets offers low trading fees, especially on accounts like Prime and ECN that feature floating spreads from 0 pips and zero commission on certain instruments.

Non-Trading Fees

Trading Platform

Deposit and Withdrawal

RoboMarkets does not charge any deposit fees, and offers two free withdrawals per month. The minimum deposit starts from 10 USD, depending on the account type.