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RoboMarkets

WikiFX | 2025-04-25 17:36

Abstract:RoboMarkets Ltd, headquartered in Seychelles, operates as a licensed forex broker under the regulatory authority (License SD048) of Seychelles. The company offers a range of trading account types, each with varying minimum deposits, leverage, and spreads. Traders can access an array of financial instruments including currencies, stocks, indices, commodities, metals, energy commodities, and cryptocurrencies. With multiple trading platforms available, including R StocksTrader, MetaTrader 4 (MT4), and MetaTrader 5 (MT5), RoboMarkets accommodates diverse trading strategies. The broker also provides support for demo accounts and Islamic (Swap-Free) accounts, offering a comprehensive trading environment. Clients can reach customer support via phone or a contact form, ensuring responsive assistance for their trading needs.

RoboMarkets Review Summary
Founded2019
Registered Country/RegionSeychelles
RegulationFSA
Market InstrumentsCurrencies, Stocks, Indices, ETFs, Commodities, Energies, Metals
Demo Account✅
LeverageUp to 1:2000
SpreadFrom 0 pips (Prime/ECN); From 1.3 pips (Pro/ProCent); From 0.002 USD (StocksTrader)
Trading PlatformMetaTrader 4 (MT4), MetaTrader 5 (MT5), R StocksTrader
Min Deposit10 USD
Customer SupportAddress: Suite 3, Global Village, Jivan's Complex, Mont Fleuri, Mahe, Seychelles
Phone: +248 467 1945

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.

RoboMarkets Information

Pros and Cons

ProsCons
Regulated by the FSACrypto and CFD trading not available
Supports MT4, MT5, and proprietary R StocksTraderLimited information about inactivity fee
Multiple account types with low spreadsStock-focused account has higher minimum deposit ($100)

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.

Is RoboMarkets Legit?

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.

Tradable Instruments Supported
Forex✅
Commodities✅
Crypto❌
CFD❌
Indexes✅
Stock✅
ETF✅
What Can I Trade on RoboMarkets?

Account Types

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

Account TypeInstruments OfferedMin. DepositSpreadMax LeverageDemo AvailableSuitable For
Prime28 Forex pairs, Metals, CFDs on US stocks, Indices, Oil10 USDFrom 0 pips1:300✅Traders seeking best conditions
ECN36 Forex pairs, Metals, CFDs on US stocks, Indices, Oil10 USDFrom 0 pips1:500❌Professional traders
R StocksTrader12,000+ Stocks, ETFs, Indices, Currencies, Oil, Metals100 USDFrom 0.002 USD1:300✅Stock and ETF-focused traders
ProCent36 Forex pairs, Metals10 USDFrom 1.3 pips1:2000❌Testing strategies and EA users
Pro36 Forex pairs, Metals, CFDs on US stocks, Indices, Oil10 USDFrom 1.3 pips1:2000✅Beginner traders
Account Types

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.

Account TypeSpread (EUR/USD)Commission
PrimeFrom 0 pips$20 per 1M USD traded (some assets)
ECNFrom 0 pips$20 per 1M USD traded
ProFrom 1.3 pipsNone
ProCentFrom 1.3 pipsNone
R StocksTraderFrom 0.002 USD (stocks)$0.01 per share or commission-free

Non-Trading Fees

Non-trading FeesDetails
Deposit FeeNone – RoboMarkets covers all deposit expenses
Withdrawal FeeFree – Up to 2 free withdrawals per month; fees may apply afterward
Inactivity FeeNot mentioned
Non-Trading Fees

Trading Platform

Trading PlatformSupportedAvailable DevicesSuitable for What Kind of Traders
MetaTrader 4 (MT4)✔Windows, iOS, AndroidClassic platform users preferring simplicity
MetaTrader 5 (MT5)✔Windows, iOS, AndroidAdvanced traders needing additional features
R StocksTrader✔Web browser, iOS, AndroidTraders of ETFs, real stocks, and modern instruments
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.

MethodMin. DepositMin. WithdrawalFeesProcessing Time
Visa / Mastercard10 USDNot mentionedFree (Deposit), Free (2x/month withdrawal)Instant
Bank Transfer100 USDNot mentionedFree (Deposit), Standard withdrawal fee after 2x/month1–3 business days
Deposit and Withdrawal
LeverageBrokerDealer

Related broker

Regulated
RoboMarkets
Company name:RoboMarkets Ltd.
Score
7.73
Website:https://www.robomarkets.com.cy/
10-15 years | Regulated in Cyprus | Regulated in Seychelles | Market Making License (MM)
Score
7.73

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