RoboForex Trading Platform – Review, Top Features, Set-up Process, Benefits and moreLast Updated Date: Apr 29, 2022
Check out everything about RoboForex Trading Platform here.
The trading platform is the software or the application which you use for trading. Trading platforms are a necessity for trading in this digital age.
There is no way you can trade without having these platforms.
So, how do you need to choose your terminals, or set them up? Are you confused about the same? Then you have landed on the right page.
Here you will get to read about the RoboForex Trading Platform, which is at present one of the most popular brokerage houses across the globe.
Its trading platforms are top-notch and we will discuss every platform in detail.
It will help you choose the right platform for trading and also use the right tools for analysis.
In this article, you will get to read about the features of the RoboForex Trading terminals, their advantages, and a lot more.
About RoboForex Trading Platform
RoboForex Trading Platform comes in multiple formats. This brokerage house has multiple platforms to suit the needs of different types of traders.
RoboForex Trading Platform includes –
- MetaTrader 4
- MetaTrader 5
- RoboForex Terminal
- R Stock Trader
While MetaTrader 4 and MetaTrader 5 are the main software powering other applications like the mobile trading platform of the broker and others.
The other platforms are also quite useful and we will discuss each of them individually.
RoboForex MetaTrader 4 is known for multiple reasons like super-fast trade execution, multiple indicators, charts, and a wide range of trading instruments.
It is known for its superior quality automation trading feature. Apart from that, it is loaded with technical analysis tools.
This platform is helpful in Forex trading.
It has different types of orders which you can use to minimize the losses while increasing your chances of making a profit.
There is a Level 2 pricing feature available and a lot more.
This terminal is known for its simple yet effective interface. It is very easy to use this terminal.
It has multiple graphic analysis tools, along with other features and all these are completely free.
R Stock Trader
With this, you can get leverage of up to 20 times which is huge. Then the initial deposit requirement comes down to only $100.
There are advanced watchlist features and others to enhance your trading.
Get Free Access to Platform – Open a Forex Account Now!
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RoboForex Trading Platform – Top Features
The features of RoboForex Trading Platform are given as per the platforms –
- You can have three types of order execution. This can help you minimize the losses.
- There are more than 50 indicators that are in-built and you can use them all for technical analysis
- You have the access to the graphic analysis tools
- RoboForex MT 4 gives you the chance to use the trading robot and also program it as per your requirement.
- There are four types of orders execution facilities that you can use on Meta Trader 5 provided by RoboForex.
- The RoboForex online Trading Platform is also powered by Meta Trader 5.
- There is a market depth analysis that helps in understanding the market depth and helps in making a wise trading decision.
- There are six types of pending orders facilities as well
- You can use the multi-currency tester on this platform.
- There are advanced-level charts which you can use. There is a total of 9 such charts which you can use for analysis.
- Then you can use the customization option to customize the watchlist. It is useful to keep those assets in the list which you track or trade frequently.
- There is one feature called Pinpoint position management. With this, you can check the strategies for trading that you prepare even if they are highly risky.
- RoboForex Trading terminal has multiple trading indicators
- Around nine graphic analysis tools are there in this platform
- There are multiple account management features and risk management as well
- You get direct advice on the terminal from the experts of RoboForex.
How to set up a RoboForex Trading Terminal?
The process of setting up the RoboForex Trading Platforms is quite similar.
For the RoboForex Trading terminals –
- Firstly, you need to download that terminal software
- Install them on the desktop
- Then open them and login using the RoboForex trading account login credentials
- Then you can see the dashboard – there you need to make the changes
- Create the market watchlist
- Add the instruments you want to track and trade as your favorites
- Click on the alerts and notifications. Then set alerts for price drops, market movements, and other events in the market.
- You can set language and currencies for trading as per your country of operation
For the RoboForex Web Trading Platform –
- You need to open the Web Trader of RoboForex
- There is no need to download any software
- There you need to log in and the rest of the steps are as given for the terminal set up.
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How to Own RoboForex Web Trading Platform?
So, you know how to set up the RoboForex Trading Platform but without owning them, you cannot log in and if you cannot log in then you cannot set those platforms up.
So, to own the RoboForex Trading Platform you need to –
- Open a trading account with RoboForex. You can click on this tab “ open account” for opening the account with RoboForex.
- Fill the form that you can see on your computer screen or mobile screen
- Submit the same. Make sure all the details are correct
- Then wait for the RoboForex associates to connect with you
- They will ask for certain documents for KYC verification
- Upload the photocopies of those documents and you are done.
- Now the brokerage house will verify and if they are satisfied with the details and the documents, then they will open your trading account.
- You will receive the confirmation along with the login credentials.
- Then you can use any of the RoboForex Trading Platforms as you can log in with your trading account.
- This is how you own the trading platforms of RoboForex.
Advantages of RoboForex Trading Platform
The advantages of using the RoboForex Trading Platform are as follows –
- Firstly, there are multiple technical analysis tools that are there to help you do proper analysis. The right analysis can help you choose the right instruments at the right time at the right price. This definitely can increase your earnings.
- Then these platforms, all are free if you are a RoboForex client.
- Then comes risk management tools which are there in every platform
- Fourthly, there is high exposure or leverage they give for trading easily
- Finally, there are advanced automation features
Check out the Online Trading Platform of FOREX Brokers
RoboForex Trading Platform – Conclusion
To conclude, we can say, not many brokerage houses provide these many options when it comes to trading platforms.
You can get around 5 trading platforms and then there are mobile applications and web traders as well.
You can trade anytime and from anywhere using any of these platforms.
Moreover, these are free platforms that there are no extra charges you need to pay for using them. All you need to do is to open an account with RoboForex.
RoboForex Trading Platform FAQs
Here is the list of FAQs related to the RoboForex trading platform:
What is the RoboForex Trading Platform called?
The RoboForex Trading Platform is known as RoboForex terminals, R stock trader, CTrader, MetaTrader 5 and MetaTrader 4 and Web Trader.
There are a lot of platforms that this brokerage house provides and each of them has individual identities.
Does RoboForex provide Web Trading?
Yes, there is Web Trader which is the RoboForex Web Trading Platform.
With this, you can directly start trading as there are no downloads you need to do.
You can log in using the trading account credentials and start trading.
Is RoboForex Trading Platform Free to use?
Yes, all the RoboForex Trading Platforms are free to use.
There are no charges that you need to pay for using them.
All you need to do is to have a trading account with RoboForex.
How to download RoboForex Trading Terminal?
To download the RoboForex Trading terminal you have to –
- Visit the RoboForex website
- There you can click on any of the terminals – MT 4/ MT 5 or RoboForex terminal
- Then download it and start using it by logging into it
What features does the RoboForex Online Trading Platform have?
The features of RoboForex Trading Platform includes –
- Multiple technical analysis charts and indicators
- A lot of leverage for active traders
- Wide range of tradable assets
- Risk management tools
- Multiple types of orders and order execution as well
Can I trade in Shares via RoboForex Trading Platform?
Yes, you can trade shares using the RoboForex Trading Platform.
As RoboForex provides a share trading feature, you can trade shares of different companies available.
Is RoboForex Trading Terminal good?
Yes, there are so many options with trading terminals that can be hardly found elsewhere.
You can choose the one that suits your requirement the best and trade.
Can RoboForex Web Trading Platform be used without EKYC?
It is better to complete the KYC while registering with RoboForex. It helps you access all the trading platforms properly.
Does RoboForex Trading Platform Provide Tips?
Yes, the RoboForex research department and the experts are there to search for better opportunities. They provide regular tips for trading.
How to Buy Currencies via RoboForex Web Trading Platform?
You can buy the currencies in pairs on the RoboForex Online Trading Platform.
Just choose a pair of currencies and buy them. The you need to enter how much you want to buy as well.
Get Free Access to Platform – Open a Forex Account Now!
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