In this article, we’ll discuss the RoboForex account types including necessary pieces of information you should know before opening an account.
Founded in 2009, RoboForex Ltd is registered in Belize and says it is regulated by the FSC under license 9759600, registration 000001272. Check the current company documents and the legal entity shown in your agreement.
RoboForex is not available in every country. Its current restrictions include Australia and several other jurisdictions. Check the live list before registering.
Also Read: RoboForex Review
RoboForex Account Types
RoboForex currently lists five main live account types: Pro, ProCent, ECN, Prime and R StocksTrader. Details below follow the broker’s current comparison and can change by country and instrument.
The broker also offers demo accounts. Current live platform choices include MT4, MT5 and RoboForex’s own terminals; cTrader is not listed in its current account comparison. The R StocksTrader account uses the current R StocksTrader platform.
1. RoboForex ProCent Account
Also known as the RoboForex Pro-Cent account, this account uses cents as the base currency for eligible instruments. Some traders use cent-denominated volumes to test an approach with smaller trade sizes. It remains a live account, so losses are possible.
The current account page lists forex, metals and crypto CFDs for ProCent. The minimum deposit is listed as 10 USD or 10 EUR, floating spreads start from 1.3 pips, and maximum leverage is 1:2000. Instrument access and leverage can vary by eligibility and country. Check current promotion and contract terms.
2. RoboForex Pro Account
RoboForex describes Pro as its most popular account type. Its spread-based pricing may be easier to compare than a spread-plus-commission model, but suitability depends on the instruments and costs you trade.
The current Pro page lists currency pairs, metals, US stock CFDs, index CFDs, oil CFDs and crypto CFDs. It lists a 10 USD or 10 EUR minimum deposit, floating spreads from 1.3 pips and maximum leverage of 1:2000. Product access depends on client eligibility and current specifications.
The current account table shows promotion eligibility by account type. Offers have separate verification, account and payment conditions, so check their current rules before relying on them.
3. RoboForex ECN Account
The ECN account advertises floating spreads from 0 pips and applies commission on some instruments. A minimum spread is not a typical spread or a guarantee of execution. Orders can be requoted or filled at a different price in changing market conditions.
The current account page lists a 10 USD or 10 EUR minimum deposit, subject to payment-provider limits and client eligibility.
The current ECN specification lists currency pairs, metals, crypto CFDs, US stock CFDs, indices and oil. Commission is instrument-specific; check the live contract specifications rather than relying on one commission amount.
The account comparison lists maximum leverage of 1:500. Commission and promotion eligibility depend on the instrument and current rules.
The ECN account may suit traders comparing commission-based pricing, but costs and execution vary by instrument and market conditions. Compare spread, commission, slippage and financing before choosing it.
Related Reading: Standard Account vs ECN Account
4. RoboForex Prime Account
The Prime account lists 28 currency pairs, metals, US stock CFDs, index CFDs and oil CFDs. Confirm supported account currencies in the current comparison.
Prime uses floating spreads from 0 pips. The account page lists a minimum deposit of 10 USD or 10 EUR and maximum leverage of 1:300. Commission depends on instrument and is shown in the current contract specifications.
Rebate and balance programs have separate eligibility rules and can change. Review the current promotion terms before taking them into account.
Check current position and order-size limits in the contract specifications, since these can vary by instrument.
5. RoboForex R StocksTrader Account
This account provides access to RoboForex’s R StocksTrader multi-asset web platform and mobile app. It is separate from the MT4 and MT5 accounts.
The platform offers a multi-asset range that includes real stocks and CFDs, subject to country and instrument availability. The instrument count and available markets can change, so check the current account comparison and contract specifications before relying on a fixed number.
The current account comparison lists a 100 USD minimum deposit, spreads from 0.02 USD and maximum leverage of 1:500. Check contract specifications before trading.
Commissions and other charges vary by instrument. Do not assume that withdrawals are always free; payment provider charges and program conditions may apply.
R StocksTrader includes platform tools for working with multiple asset types. Check RoboForex’s current platform documentation for available features and automation support.
See the current RoboForex $30 Welcome Bonus terms. It requires a qualifying deposit and is not a no-deposit bonus.
Demo Account - RoboForex Account Types
The RoboForex demo lets traders practice with virtual funds before deciding whether to use a live account. Demo execution and conditions can differ from live trading.
Demo account access and available markets depend on the platform and country. Follow the current registration steps and review any differences from live account conditions.
Demo account choices and supported platforms can change. The 2019 announcement below refers to a historical platform update, not necessarily the current demo options.
Check Out: RoboForex commission-free withdrawal days
RoboForex Account Types FAQs
What are the different types of RoboForex accounts?
RoboForex currently lists Pro, ProCent, ECN, Prime and R StocksTrader as its main live accounts. Demo accounts are also available.
Which RoboForex account is best for me?
It depends on your instruments, trading frequency, pricing preference and risk controls. Compare spread, commission, financing, slippage and platform access. No account type guarantees better results.
How much money do I need to open an account?
The current minimums are listed as 10 USD or 10 EUR for Pro, ProCent, ECN and Prime, and 100 USD for R StocksTrader. Payment providers may set other limits, and availability varies by country.
Does RoboForex offer a demo account?
RoboForex lists demo accounts with virtual funds. Platform options and availability can vary by country. Demo execution and conditions may differ from live trading.
Does RoboForex offer Islamic accounts?
The broker marks swap-free availability for some account types. Eligibility, products and conditions vary; confirm the current offer in the Members Area.
Is Roboforex an ECN broker?
RoboForex offers ECN account pricing for eligible clients. That account label alone does not establish that every order is routed to an external electronic communications network. Review the broker’s execution policy and instrument terms for the applicable arrangement.
Bottom Line
RoboForex’s main accounts have different platform and pricing arrangements. Pro and ProCent use spread-based pricing on listed products, while ECN and Prime add commissions on some instruments. R StocksTrader is a separate multi-asset account. Compare the costs and terms that apply to your country before deciding.
Here, we’ve tried to explain each type of trading account provided by RoboForex. We hope this guide will help you to find the right account for you.
Please let us know your thoughts or experiences about the RoboForex account types in the comment section. The reader discussion below is archived and reflects the dates shown, not current broker terms.
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