FP Markets Review 2025 for South Africa - Scam or Legit?

Founded in 2005, FP Markets is an Australian broker that allows trades to CFD trading across forex, commodities, stocks, indices, and cryptocurrencies in best trading conditions on consistently tighter spreads. The broker is universally trusted as a Forex and CFD broker where traders have access to a full suite of trading products and they can trade from a single account conveniently. It is regulated by the Financial Sector Conduct Authority in South Africa (FSP Number 50926), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), and the Financial Services Authority of St. Vincent and the Grenadines. 

 

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Note: Your capital is at risk

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The broker is considered safe by clients because of its long track record and regulation under top-tier authoritative bodies. Moreover, the clients’ funds are held in separated client accounts from the company’s own fund which gives more security to clients’ money. FP Markets was awarded by the ‘Investment Trends CFD Report’ for five years running for the most traders.

Other awards received by the broker were for best trade execution, best value for money, and best customer service. 

 

FP Markets Pros and Cons

 

Pros	Cons
Forex fees are low	Stock CFD fees are high
You can open accounts fast and easy	Product portfolio is limited
Traders can execute deposit and withdrawal processes quickly
The services of the broker comply with the strictest regulation for investors’ protection.
The broker offers consistently tighter spreads from 0.0 pips.
FP Markets does not have price manipulation, dealing desk, or re-quotes.
The broker offers multi-lingual customer support 24/5.
Authorised and regulated in South Africa by FSP

 

FP Markets Account Types 

FP Markets has two types of trading accounts, such as –

1. Standard Account: The broker charges zero commissions with a standard account on MT4 or MT5 platform as any fee is built into the spread.
2. Raw Account: With the popular Raw account of FP Markets, traders can trade forex and other trading assets with spreads starting from as low as 0.0 pips. It is possible since the broker has access to a large pool of top-tier liquidity providers. Hence, clients are provided with institutional-grade liquidity with no requotes and no price manipulation.

 

Forex account types

Account	Standard MT4-MT5	Raw MT4-MT5
Spreads	From 1.0 pips	From 0.0 pips
Instruments	50+ FX pairs, metals, indices, commodities	50+ FX pairs, metals, indices, commodities
Execution	ECN-Pricing	ECN-Pricing
Commission per Lot	Zero	$3.0
Minimum Deposit	100 AUD or equivalent	100 AUD or equivalent
Maximum Leverage	500:1	500:1
Minimum Trade Size	0.01 Lot	0.01 Lot
EA's	Yes	Yes
Mobile App	Yes	Yes
VPS Available	Yes	Yes

 

IRESS account types

Account	Standard IRESS	Platinum IRESS	Premier IRESS
Commission (ASX)	10 AUD min, then 0.1%	9 AUD min, then 0.09%	No min, then 0.8%
Minimum Deposit	1,000 AUD	25,000 AUD	50,000 AUD
Equity CFD margin rates	From 3%	From 3%	From 3%
Financing	FP Markets Base Rate +4.0%	FP Markets Base Rate +3.5%	FP Markets Base Rate +3.0%

 

FP Markets Islamic Accounts

Islamic accounts are also known as swap-free accounts. These accounts are ideal for Muslim clients as they do not incur swaps or interest charges on overnight positions, which is in line with Islamic law. Instead, the broker charges the account holder an administration fee on positions. This fee is deducted from the account balance.

Trading in Islam can be considered haram but you can still trade with an Islamic forex account that offers swap-free trading and is designed for forex traders unable to pay or receive swap or rollover interest on overnight positions because of their religious beliefs according to the Sharia Law.

To open an Islamic forex account on FP Markets, you need to open a MetaTrader 4 or MetaTrader 5 account first. After that, you can request to convert it into an Islamic account. FP Markets does not offer swap free accounts on IRESS, they are only provided on MetaTrader platforms.

To make sure that your trading activities are halal, you may consult a religious authority that take your personal situation into account. Islamic accounts offered by FP Markets are

 

Account MT4-MT5	Islamic Standard	Islamic Raw
Minimum Opening Balance	100 AUD or equivalent	100 AUD or equivalent
Spreads	From 1.0 pips	From 0.0 pips
Instruments	60+ FX pairs, metals, indices, commodities	60+ FX pairs, metals, indices, commodities
Maximum Leverage	500:1	500:1
Execution	ECN - Pricing	ECN - Pricing
Commission per Lot	Zero	$3 per 100,000
Minimum Trade Size	0.01 Lot	0.01 Lot
EA's	Yes	Yes
Mobile App	Yes	Yes
VPS Available	Yes	Yes

 

Demo Account

FP Markets offers the benefit of a demo account for those traders who want to master their skills and become familiar with the trading platforms better before opening a live account and put their money into risk.

By opening a demo account on FP Markets, you can:

• Learn about asset classes and complex instruments, and use trading tools without funding your account with a minimum deposit.
• Follow the step-by-step tutorials of FP Markets on how to trade with the MetaTrader 4 and MetaTrader 5 trading platforms.
• Watch webinars that can help you to learn about forex trading. It includes recognizing high risk indicators and understanding the impact of interest rates on forex.
• Harness an understanding of base currency and other types to take the next step and follow forex experts’ technical analysis.

Note: Your capital is at risk

 

 

How to Open Account on FP Markets

Opening an account of FP Markets is easy and simple, and you can do it online. If you are a beginner and want to get better at trading without risking money, then you can practice trading on the FP Markets demo account with 50,000 in virtual money. If you want to get into real-time trading, then open a live account within minutes and start trading. Follow these steps to open an account on FP Markets

1. Visit the official website of FP Markets and click on the big blue button on the homepage that says “Start Trading”. You will be redirected to the page with the trading application form.
2. Sign in with Google or Facebook. Then, fill in personal information like Email, name, country, account type, gender, and phone number. After that, click on “Save and Next”.
3. Similarly, complete filling in further information and choose account configuration.
4. After completing these steps, give a declaration and your account will be ready to start trading.

 

Alternatively open your Account right here:

Note: Your capital is at risk

 

 

FP Markets Fees

CFD Fees

Stock Index CFD fees on FP Markets are low, but the stock CFD fees are high. For a long position of $2,000 held for one week, FP Markets CFD fees are

CFD	Fees
S&P 500 index CFD	$0.0
Europe 50 index CFD	$1.7
Apple CFD	$32.9
Vodafone CFD	$27.6

 

FP Markets charges a commission when a user trades stock CFDs, as mentioned below

Market	Commission per trade	Minimum fee
NYSE, NASDAQ	$0.02 per stock	$15
London	0.10% of the trade value	£10
Frankfurt	0.10% of the trade value	€10
Australia	0.08% of the trade value	AUD 0
Singapore	0.15% of the trade value	SGD 25
Hong Kong	0.30% of the trade value	HXD 100

 

 

Forex Fees 

Forex fees on FP Markets are low. The commission may vary based on the type of account you opt for. The ECN Raw account costs include a lower spread cost along with a $3 per lot per trade commission. The spread cost would be higher if you select the Standard account, but no commission.

Look at the table below to know forex benchmark fees on the broker for a $20,000 long position at 30:1 held for a week

Currency Pair	Benchmark Fee
EURUSD	$5.3
GBPUSD	$4.2
AUDUSD	$3.9
EURCHF	$1.4
EURGBP	$6.1

 

Stock Fees

FP Markets provides its clients with the access to real stocks, but only to those on the Australian Securities Exchange. The fees are different for each account type

Account	Commission	Minimum Fee
Standard	0.11%	$14.95
Non-Leverage CFD	0.8%	No minimum

 

Deposit Fees 

FP Markets does not charge any deposit fees. The broker covers internal bank fees for all international deposits. If they receive a receipt that shows that the original deposit fee amount is equal to or less than $50, they cover clients’ international bank fees for deposits more than $10,000.

 

Withdrawal Fees

FP Markets does not charge any additional internal fees for withdrawals. However, payments to and from overseas banking institutions can attract intermediary transfer fees from either party that are independent of FP Markets. The broker does not accept responsibility for any bank fee. FP Markets charges 10 AUD of internal fees for international withdrawal.

 

Non-trading Fees

Non-trading fees on FP Markets are low. The broker does not charge account fees or inactivity fees. However, the scenario is different if you are IRESS trader. You will be charged a monthly commission of $55, unless you hold a balance of AUD 50,000 or generate at least AUD 200 monthly.

 

 

Deposit and Withdrawal Method

The deposit methods on FP Markets are

Deposit Method	Accepted Currencies	Deposit Time	Deposit Fees
Credit/Debit Card	AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD	MT4/5: Instant funding Iress: 1 business day	No fees
Swift Bank Transfer	All currencies	1 business day from when the funds are received	No deposit fees charged from FPM. FPM covers international fees up to $50 for deposit more than $10,000
Neteller	AUD, CAD, CHF, EUR, GBP, JPY, PLN, SGD, USD	MT4/5: Instant funding Iress: 1 business day	No fees
Skrill	AUD, CAD, EUR, GBP, INR, USD	MT4/5: Instant funding Iress: 1 business day	No fees
PayTrust88 Local Bank Transfer	MYR, IDR, THB, VND	MT4/5: Instant funding Iress: 1 business day	No fees
NganLuong.vn	VND	MT4/5: Instant funding Iress: 1 business day	No fees
FasaPay	USD, IDR	MT4/5: Instant funding Iress: 1 business day	No fees
Broker to Broker	AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD	1 business day from when the funds are received	No deposit fees charged from FPM. FPM covers international fees up to $50 for deposit more than $10,000
South American payment Method (Directa24)	USD	1 business day	No fees
@dragonpay	PHP	1 business day	No fees

 

The withdrawal methods on FP Markets are

Gateways Withdrawal	Accepted Currencies	Withdrawal Fees	Withdrawal Time
Credit/Debit Card	CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD	No fees	1 business day
Domestic Bank Wire	AUD	No fees	1 business day after all correct documents are received
International Bank Wire	Other than AUD	10 AUD	1 business day after all correct documents are received
Neteller	AUD, CAD, CHF, EUR, GBP, JPY, PLN, SGD, USD	2% max. 30 USD per 45,000 USD transaction	1 business day
Skrill	AUD, CAD, EUR, GBP, INR, USD	1% + country fees if applicable	1 business day
FasaPay	USD, IDR	0.5%	1 business day
PayTrust88 Local Bank Transfer	MYR, IDR, THB, VND	1.5%	1 business day
NganLuong.vn	VND

 

 

FP Markets Minimum Deposit

The minimum deposit for a trading account depends on two important factors. Depending on the assets you are willing to trade, you can opt one of the two options. The first one is opening an account on MetaTrader platforms for forex trading. The other option is going for stocks and CFDs on the Australian Securities Exchange and opening an account on the IRESS platform. For MetaTrader standard accounts, the minimum deposit is $100, while for the same standard on the IRESS platform; you will need to deposit at least $1,000.

 

FP Markets Trading Platform

FP Markets offers a bunch of trading platforms, including

 

MetaTrader 4 for Windows

The MetaTrader 4 trading platform features

• Customisable interface including colours of technical indicators
• Live price streaming on live accounts and demo accounts
• 128-bits encryption for secure trading
• MarketWatch
• Expert Advisors
• One-click trading
• Customisable alerts
• Compatible with iOS, Mac devices, and Android
• Access to MetaTrader market and MQL4 community

 

 

MetaTrader MT4/MT5 WebTrader

FP Markets MT4/MT5 online WebTrader makes trading easy and flexible. You can simply trade from your preferred browser on the device of your choice with no OS preference. There is no need to download or install this trading platform either as it can be accessed directly from a browser.

The features of MT4 and MT5 WebTrader platform include:

• Trade forex, Indices, Cryptocurrencies, Share CFDs, and Commodities
• Spreads from 0.0 pips and leverage up to 500:1
• Global
• ECN pricing and no requotes
• Complete suite of trading tools and operations
• Ease of trading (Requires no download and trading starts in seconds)
• One-click trading
• Trade from anywhere
• Real-time price quotes
• Multiple order types and execution modes
• Data synchronisation across all platforms
• Depth of market feature
• Multiple language support
• Online support 24/5 and personal account manager

 

 

MetaTrader 4 for Mac OS

• Trade on tight raw spreads from 0.0 pips
• Access to a complete set of trade orders including pending orders
• Powerful leverage up to 500:1
• The ability of running all expert advisors (EAs)
• Advanced real time charting and access to complete technical analysis functionality
• A wide range of in-built indicators

 

 

MetaTrader 4 for iOS and Android

You can use the MetaTrader 4 iPhone, iPad and Android app offered by FP Markets anywhere and anytime. With this easy-to-use and technologically advanced platform on your mobile device, trading gets a lot easier. Apart from the MetaTrader 4 features mentioned above, the iPhone, iPad and Android features include

• Advanced and interactive charts with easy scrolls and zooms
• User-friendly interface with trade levels and volumes on a chart
• The ability to view full forex trading history
• Easy to download iPhone and iPad app directly from the Apple store

 

 

FP Markets Mobile Trading App

You can trade forex and CFDs across shares, commodities, indices, futures and cryptocurrencies whenever, wherever, and however you want from the FP Markets trading app. The features of the trading app include

• Trading instruments over 60 currency pairs featuring all major currencies
• Access to the most popular companies in the world across global exchanges like the NYSE and FTSE
• Trading tools including stop-loss, take-profit limits, charting tools for conducting market analysis and technical indicators
• Full account access from the app including depositing funds and changing leverage levels
• Top-notch liquidity with real time pricing
• Easy funding with a range of deposit and withdrawal options

 

  

FP MARKETS APP

IRESS ViewPoint

The IRESS ViewPoint is another trading platform of FP Markets that has advanced functionalities in order to enhance the trading experience with advanced trading tools and better compatibility with various internet browsers. IRESS Suite has compatibility with the latest browser versions and it allows an automatic data sync between IRESS ViewPoint and IRESS trader.

 

Details about FP Markets Customer Service

You can contact FP Markets via phone, email, and live chat. One of the best features of FP Markets customer service is the number of available languages. You may choose from Arabic, English, Greek, Chinese, Indonesian, French, Portuguese, Italian, Spanish, German, Malaysian, Vietnamese, and Thai.

 

Bonuses and Promotions

FP Markets is a fully regulated broker. Hence, it does not offer bonuses on the trading accounts. However, the clients may get two promotional offers in the form of a cash bonus, if the broker decides to offer them, and if the clients are eligible. These promotional offers are

 

Welcome Bonus

FP Markets may offer new MetaTrader 4 clients a promotional offer in the form of a cash bonus known as the welcome bonus. This welcome bonus is directly notified by the broker via phone, email, or online advertisement.

Eligibility: It is only available to new clients who have been offered the bonus by the broker and pass all compliance and requirements regarding account opening. They must agree to FP Markets terms and conditions, financial services guide, and product disclosure statement. The broker holds the right to accept or reject any application to open a trading account. It does not accept fraudulent, multiple, or incorrectly completed applications. The welcome bonus is available to each individual client only once. This bonus cannot be used in conjugation with any other offer of FP Markets, unless the broker specifies it. Clients who open account under an existing introducing broker, money manager, PAMM/MAMM, or affiliate agreement cannot avail the welcome bonus.

 

Deposit Bonus

FP Markets may offer all new MetaTrader 4 and MetaTrader 5 clients a promotional offer in the form of a deposit credit known as the deposit bonus. Like the welcome bonus, the broker directly notifies the clients of the deposit bonus amount via online advertisement, email or phone.

Eligibility: The deposit bonus is available only to the clients who have been offered the bonus by FP Markets and pass all account opening requirements and compliance including agreeing to FP Markets terms and conditions, product disclosure statement and financial services guide. The trader must open a Standard or Raw MetaTrader 4 or MetaTrader 5 account. They must also deposit a minimum of $100 or equivalent funds with FP Markets to a maximum of $25,000. Keep in mind that the deposit bonus is only applicable to initial deposits. It is not available for any further deposits, unless specified by FP Markets. You cannot transfer this bonus between accounts. The deposit bonus was open the last time for three months from December 7, 2018 to March 31, 2019. There is no further extension or modification of this promotional offer, unless specified by the broker.

 

 

 

Education

Professional CFD traders of FP Markets have developed several eBooks containing guidelines for traders to study market conditions, predict outcomes, construct and evaluate trades. First, Spot Opportunities in volatile markets help traders to identify trends and spot opportunities when volatile markets are difficult to predict. Moreover, technical analysis offers a guide to some charting and technical tools that the best traders use to minimize risks and maximize profits. Lastly, fundamental trading offers a broad idea of the interrelationship between the markets and global economy. The broker also offers educational videos on its website so traders can learn how to use the MetaTrader 4 platform. You will find a trading course, trading glossary, and newsletters on the website as well.

 

Research

FP Markets offers several great research tools, such as

Forex VPS Service: Thanks to the VPS hosting of FP Markets, forex traders are allowed to run automated algorithmic strategies without worrying about their trades being ruined by downtime or trading platform issues. It offers remote access through standard Windows remote desktop connection software or its mobile platform. Therefore, power bills are reduced because devices can be turned off when they are not in use while still having automated trading strategies executed on time and accurately. Moreover, the VPS hosting is always on for state-of-the-art technology to make sure that traders can enjoy seamless experiences anywhere and anytime.

Traders Toolbox: FP Markets MT4 Trader Toolbox contains 12 online trading tools that prove solid trading infrastructure and valuable market insights in order to enhance the trading experience.

Forex Calculator: FP Markets forex calculator is an all-in-one tool that calculates all important parameters of trading like contract size, pip value, margin, swap, and potential profit across a range of products. 

While these research tools are very useful, the charts have areas of improvement in design and user-friendliness.

 

 

FAQ

1. Is FP Markets ECN?

Yes, FP Markets offers ECN-pricing for the execution of trades.

2. Is FP Markets a market maker?

Market makers usually have a lower minimum deposit, low to no commission on trades, and smaller minimum trade requirements. FP Markets matches this criteria, thus, it is a market maker.

3. Is FP Markets a reliable Forex broker?

Not only FP Markets is globally regulated by FSP, ASIC and CySEC, but it is also fully licensed and regulated by SCB. The broker also offers tighter spreads from 0.0 pips on its platforms. Its ECN pricing model is also transparent. Thus, FP Markets can be considered a reliable forex broker.

4. How do I deposit and withdraw from FP Markets?

FP Markets offers a vast range of deposit and withdrawal options. You can deposit and withdraw from FP Markets by credit/debit cards, local bank transfer, electronic wallets, or broker to broker transfer.

5. Does FP Markets offer a demo account?

Yes, FP Markets offers a demo account.

Note: Your capital is at risk

IC Markets Review 2025 for South Africa - Scam or Safe?

One of the most popular forex CFD providers, IC Markets offers trading solutions for beginners, active day traders, and scalpers. Clients are provided with cutting edge trading platforms, superior liquidity and low latency connectivity by IC Markets. With this broker, you can get access to the pricing which was only available only to the high net worth individuals and investment banks before.

 

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Note: Your capital is at risk

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License and Regulation

IC Markets is regulated and authorised by the FSA (Financial Services Authority) of Seychelles. You must know that FSA is one of the strictest financial regulatory bodies in the world, so, its monitoring makes IC Markets a safe place for traders. Besides FSA it is regulated by ASIC and CySec too.

 

Registration

Registering on IC Markets is fast and easy. You can easily open a live account on the website.

To open a live account –

1. Click on the option “Start Trading”.
2. You will be redirected to the page for opening a live account.
3. Fill in your personal details; let the broker know more about you, trading account configuration and declaration.
4. Complete each step by clicking “Next: and “Register” at the end.
5. After that, you can fund the account and start trading.
6. When it comes to opening a live account, you can also sign up with your PayPal account.

 

 

IC Markets Account Types:

There are three different types of accounts on Vantage FX. You may choose from:

• Raw Spread Account: The Raw Spread account on IC Markets offers the lowest possible spreads to traders. The average EUR/USD spread is 0.1 pips. The commission per lot per side is a small $3.50. With fast execution and deep liquidity, the Raw Spread Account is designed for expert advisors, day traders, and scalpers. The trading platform for this account is MetaTrader.
• cTrader Raw Account: IC Markets cTrader account is designed for forex CFD trading. Built for demanding performances, cTrader Raw account is combined with IC Markets Raw pricing and excellent execution speeds. The trading platform for cTrader Raw Spread is cTrader. Commission is $3.0 per $100K. The average spread starts from 0.0 pips.
• Standard Account: IC Markets standard account offers excellent speed of execution. By combining this with the spread starting from 1 pip, you can enjoy an unparalleled trading experience. The commission per lot per size on this account is $0. The trading platform is MetaTrader.
• Islamic accounts: IC Markets also offers Islamic accounts for traders of Islamic faith who cannot pay or earn interest because of their religious beliefs. Also known as swap-free accounts, these accounts allow traders to apply for an account without crediting or debiting any interest fee. This swap-free option is available on both standard and Raw Spread account types on cTrader, MetaTrader 4 and MetaTrader 5. You can trade more than 90 instruments on these accounts. Only a flat rate financing charge is applicable for trades that are open more than a day.

 

Trading Conditions

• Minimum deposit: USD $200 or currency equivalent.
• Minimum investment: Minimum trading amount is 0.01 lots per trade
• IC Markets spreads and fees: 0.0 pips, 0.1 pips, and 1 pip.

 

Instruments

IC Markets Forex Trading

The traders on IC Markets are provided with the opportunity of trading 24 hours a day and 5 days a week on the forex market. Traders are given the benefits of the superior execution, deep liquidity through 60 currency pairs, and tightest spreads. You can trade 60 currency pairs on tight spreads from 0.0 pips with up to 1:500 leverage (T&Cs Apply) and deep liquidity.

 

IC Markets Indices CFD Trading

IC Markets offers global indices CFDs to traders for getting exposure to the largest equity markets in the world. You can have a broader view of the equities market with spreads from 0.5 points on 16 indices. Moreover, traders can also enjoy trading across major markets 24/5 without commission. You may trade on MT4, MT5 and cTrader with no commissions and up to 1:200 leverage. (T&Cs Apply).

 

IC Markets Commodities CFD Trading

With IC Markets, you can trade agriculture, metals, and energy like a Futures CFD or a currency pair against the USD. The broker combines flexible lot sizes from 10c per point with tight pricing. Thus, they are able to provide traders with one powerful product. You can trade more than 19 commodities with up to 1:500 leverage. (T&Cs Apply)

 

IC Markets Stocks CFD Trading

You can access more than a hundred large-cap stocks CFDs across the NYSE, NASDAQ and NYSE stock exchanges. IC Markets have chosen the most popular companies in the world, so the traders are provided with the best trading opportunities.

 

IC Markets Bonds CFD Trading

Traders are offered the opportunity of speculating on interest rates, as well as global risk-on/off sentiment with bonds. They can also diversify their strategy and hedge equities exposure. With IC Markets, traders can choose from a wide range of bonds that are issued by governments around the world including the U.K, the U.S, Europe and Japan. More than 6 bonds are available to trade with up to 1:200 leverage (T&Cs Apply), no commissions and deep liquidity.

 

IC Markets Cryptos CFD Trading

You can trade the largest and most popular cryptocurrencies in the world long-term or short-term with IC Markets. Traders can trade 24 hours a day, and 5 days a week against other retail traders. Factors like news, prevailing sentiment, greed and fear drive price movements primarily. Trading can be enjoyed with leverage up to 1:5 (T&Cs Apply). You can also eliminate the risk of cryptocurrency exchange by trading with a CFDs provider regulated by ASIC.

 

IC Markets Futures CFD Trading

IC Markets also offers a range of Futures CFD which is one of the most popular forms of CFDs in the world. Four global futures are available on this broker to trade, including the ICE Dollar Index and CBOE VIX Index. The MetaTrader 4 platform of IC Markets offers online futures-based CFDs exclusively. The benefits of this market are that it has deep liquidity and no commissions. You can trade with up to 1:200 leverage. (T&Cs Apply)

 

Trading Platform Review

IC Markets Trader MT4/MT5

IC Markets provides the traders with the award-winning MetaTrader 4 and the next generation MetaTrader 5. It offers traders everything they need for trading, from easy usability, automated trading ability and feature-rich environment. MetaTrader is not only a trading platform but it has become a global community for traders. Innovating technology like advanced charting and sophisticated order management tools help traders managing their trades like a pro.

 

System requirements

To use MetaTrader 4 or MetaTrader 5 client terminal, you need Windows OS 7 or higher. You can also run these on a Mac OSX.

 

Features

• Raw pricing: Through the MT4 and MT5 platform, IC Markets offers clients the best possible pricing, as well as the best trading conditions and tight spreads with Raw pricing. You can trade on institutional grade prices almost equal to the world’s leading execution venues. With up to 25 different prices provides, it becomes the top choice for high volume trade.
• Fast order execution: The IC Markets MT4 and MT5 servers are in the Equinix NY4 data centre in New York which is named as a financial ecosystem with more than 600 buy and sell side firms, trading venues, service providers, exchanges and market data. It ensures that the servers are cross connected, so traders are provided with low latency and fast execution. In average, the MT4 and MT5 servers have latency lesser than 1 millisecond, which is ideal for automated and high frequency trading.
• No restriction on trading: There is no restriction on trading when it comes to IC Markets MT4 and MT5 platforms. Offering the ideal trading conditions for high frequency trading and scalping, IC Markets allows traders to place orders between spreads with a freeze level of 0 and no order distance. So, you can place stop loss orders as close to the market price as you want. Moreover, there is not FIFO (First in First Out) rule in IC Markets, so, traders can also hedge positions and enjoy the benefits of margin netting without paying margin on hedged trades.

 

IC Markets MetaTrader Webtrader

Traders can access their MT4 or MT5 trading account from any web browser by using IC Markets MetaTrader WebTrader. With MetaTrader WebTrader, you are provided with fast order execution and convenience of web-based application with no dealing desk. It has the same one-click trading, level II pricing and tight spread like the MetaTrader desktop version along with a personalised trader dashboard to monitor your positions.

 

System requirements

To use MetaTrader WebTrader, you need browsers like Chrome, Firefox, IE 10+ and Firefox.

 

Features

1. Raw spreads
2. No restrictions on order or trade
3. Trade from any location
4. Level II pricing – full market depth
5. Multiple order types
6. Leverage up to 1:500 (T&Cs Apply)
7. Micro lots 0.01 without maximum
8. Technical analysis and advanced charting
9. One click trade execution
10. Real time trade reporting

 

Benefits

1. Trade without the intervention of dealing desk
2. The fastest possible execution with ultra-low latency
3. Greater control over risk with micro lots
4. All major browsers supported
5. Saving money every time while trading with low costs
6. Choosing leverage suited to individual strategy and trading style
7. Moving money in and out of trading account easily
8. The convenience of using the same account on MetaTrader and MetaTrader WebTrader

 

 

cTrader

Combined with the speed of high performing trading platform and the deep liquidity of IC Markets, cTrader platform offers clients the ultimate trading solution. You can access deep liquidity in 64 currency pairs and also 16 major liquidity indices. The superior functionality and streaming prices from multiple global banks make traders around the world appreciate this platform.

 

System requirements

To use IC Markets cTrader platform, the minimum system requirements are dual core CPU processor, Windows 7 OS, and 2 GB memory.

 

Features

• Extremely low spreads: Traders can enjoy the tightest spreads on IC Markets. You can often see spreads from 0.0 pips on the EUR/USD. The average spread in 0.1 pips 24 hours and 5 days.
• Fast order execution: IC Markets cTrader server is situated in the LD5 IBX Equinix Data Centre in London. Referred to as a financial ecosystem, it houses over 600 buy and sell side firms, trading venues, exchanges, service providers and market data. By cross connecting the server, it provides traders with fast execution and low latency of 1 MS.
• Level II pricing – market depth: Due to the depth of the market of cTrader, traders can see the full range of executable prices that come directly from the price aggregator of IC Markets. You can use the VWAP (Volume Weighted Average Price) to fill in orders in IC Market’s bridge against the full order book. cTrader platform also provides complete transparency for each currency pair because you can see the available volumes for each price level anytime. You are ensured the tightest possible spreads with high liquidity, guaranteed low latency and asynchronous spot prices.
• Smart stop out: The smart stop out logic is designed to provide the traders’ accounts with maximum protection. cTrader’s fair stop out logic will be replaced by it as it offers significant benefits to traders by using an advanced algorithm. When margin level falls below the smart stop level, you will see positions closing partially. Thus, it can restore the margin level safely and protect the position, the entry point and the trading account.

 

 

Social Trading with Zulutrade

ZuluTrade is one of the most popular social trading platforms in the world. There are about 100,000 talented ZULU traders that come from 192 countries. You can connect with them and follow their trading signals for free.

 

Features

1. ZULU rank: It offers a sophisticated algorithm that analyses the overall performance, maturity, stability, exposure, and required equity of signal providers and rank them accordingly.
2. ZULU guard: ZuluTrade offers a highly advanced account protection feature to traders. It monitors the performance of trades 24/7. Whenever needed, ZULU guard will step in to protect the invested capital of a trader.
3. Simulation: It is a powerful tool of this social media platform that helps traders in testing the potential profits and losses on the account. You can check your potential performance and strategies before going live.

 

 

MAM

IC Markets multi account manager allows money managers to manage the money of their clients with real-time reporting of commissions and performance, as well as flexible allocation. The MAM software connects all allocations settings with the MetaTrader 4 server directly. So, you only need to worry about trading through MetaTrader 4 master accounts. MAM software takes care of all other processes. This platform is ideal for people that use expert advisors. 

 

Features

• Real time adjustment of trading parameter
• Unlimited deposit accounts and trading accounts
• Allocations to accounts at little lots like 0.01
• All normal and unique order types accepted
• Full, mini and micro lot accounts trade for best allocation advantage
• Managing multiple master accounting using different strategies
• Sub accounts having outputs to screen reports
• Allowing EA trading of managed accounts of clients
• Market watch window within MAM
• STP on master accounts for executing bulk order and instant allocation to sub accounts
• Monitoring performance and commissions in real time
• Client reports management monthly, quarterly and annually through MetaTrader manager
• Real time order management monitoring within MAM

 

 

IC Markets App – Mobile Trading with IC Markets

Apart from web browsers on desktops, you can also trade with IC Markets on your mobile devices with its apps. These are the apps available for you –

 

 

MetaTrader for iPhone and iPad

System requirements - Compatible with iPhone, iPad and iPad touch. You need to have iPhone iOS 7.0 or later.

 

MetaTrader for Android

System requirements - Android 4.0 or higher

Features of MetaTrader for iPhone/iPad and Android

1. Real time forex and CFD quotes
2. Full set of trade orders and pending orders
3. Supporting all types of execution modes
4. Real time interactive charts with scroll and zoom
5. Multiple timeframes for analyzing patterns and price action
6. Technical indicators settings adjustability
7. Trading from the chart directly
8. The convenience of viewing complete trading history
9. More than 30 most popular technical indicators
10. Three chart types such as line, bars, and Japanese candlesticks

 

MetaTrader for Mac

System requirements - Mac OS X 10.x and above

Features of MetaTrader for Mac

1. Full range of custom built indicators
2. Benefits from all MetaTrader features
3. Advanced analysis functionality and charting
4. Full set of trade orders, as well as pending orders
5. Compatibility with all expert advisors

 

cTrader for iPhone and iPad

System requirements - iPhone iOS6 and later.

 

cTrader for Android

System requirements - Android 4.1 and later.

 

Features of cTrader for iOS and Android

Trading features

1. Fast execution for commodities and forex
2. Full information on balance, P&L and margin
3. Available charts
4. Order execution by single-tap
5. Viewing all rates and symbols

 

Accounts features

• Gaining access to complete list of accounts and switching accounts with a single tap
• Viewing and modifying pending orders
• Viewing trading history

 

cTrader for cAIGO

System requirements -. Net4, Windows OS XP, Vista, 7, 8 and 10

Language support: Arabic, Chinese, English, French, German, Greek, Hungarian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, Turkish and Vietnamese.

Features

• Developing algorithmic trading systems
• Customised technical indicators for technical analysis

 

 

Deposits and Withdrawals

IC Markets offers more than 15 flexible options to deposit money and fund your account. You can deposit in ten different currencies using a range of methods. The process of the deposit is fast and free.

Funding options: Funding options on IC Markets include Credit and Debit Cards, PayPal, Neteller, Neteller VIP, Skrill, UnionPay, Wire Transfer, Bpay, FasaPay, Broker to Broker, POLI, Thai Internet Banking, Rapidpay, Klarna, Bitcoin Wallet, and Vietnamese Internet Banking.

Currencies: Currencies you can deposit are AUD, USD, EUR, CAD, GBP, SGD, NZD, JPY, HKD, and CHF.

Please note

• Account holders must deposit funds into their account and submit withdrawal requests from inside their secure client area for faster processing.
• All payment information is confidential and encrypted.
• Account holders do not need to pay any additional fees for deposits or withdrawals.
• No payment from third parties is accepted.
• Cut off time for withdrawal requests in 12:00 AEST/AEDT.
• Credit/Debit card withdrawals are processed free of cost and take 3-5 business days.
• A processing fee of 20 AUD or equivalent currency is charged for international bank wire transfers.
• Safecharge withdrawals can revert the deposited amount.

 

 

 

IC Markets Demo Account

With IC Markets, if you are a beginner in trading, then you can first open a demo account before opening a live account.

To open a demo account –

1. Click on the option “Try a Free Demo.”
2. You will be redirected to the demo account application page. Fill in your personal details here.
3. Fill in your country, name, email and phone number.
4. You may choose if you want to receive the newsletter and special offers and if you were referred by an introducing broker.
5. After that, you can click on “Register” and then proceed to trade account configuration.

 

 

Education

The official website of IC Markets divides trading different instruments on different platforms in organised categories so traders can learn and educate themselves on trading. The help centre and video tutorials provided on the site are also very helpful for self-training. Apart from this, IC Markets offers online education and conducts educational webinars on various topics. The dates and times of webinars are published on their blog.

 

IC Markets Bonus and Special Offers

IC Markets is offering no Bonus Deals.

 

Customer Service and Support

IC Markets offers friendly customer service and support 24/7 via call, email and live chat. You can also visit the help centre of the website where most frequently asked questions, questions about IC Markets, trading with IC Markets, forex market, MetaTrader 4 problems, trading platforms, trading forex CFDs online, account application, and client area are answered.

 

Conclusion: Should I trade with IC Markets?

Under the regulation and supervision of FSA, IC Markets is one of the safest places to trade online. You can trade a large number of instruments with this broker in several currencies. Moreover, it offers numerous benefits to account holders like deposits and withdrawals without additional charges, fast execution of a trade, the confidentiality of information and more. With the legendary MetaTrader 4 and MetaTrader 5 trading platforms, IC Markets takes trading to another level. So, if you are looking for a broker to trade, IC Markets in your ideal choice.

 

 

 

 

Q&A – IC Markets Questions

1. Is IC markets scam or legit?

IC Markets is regulated by FSA, ASIC and CySec which are very strict financial regulatory bodies and are monitoring brokers closely. So, it is definitely not a scam.

2. Where is the IC Markets login?

On the top-right corner of the website, you can find the button “Client Login”. You can log in to your account by clicking on it after registering yourself.

3. IC Markets leverage: how much is it?

YC Markets offers leverage from 1:1 to 1:500. (T&C Apply)

4. Is IC Markets offering a free no deposit bonus or welcome bonus?

No, currently IC Markets does not offer any types of no deposit bonus or welcome bonus.

5. Is there an IC Markets download version available?

Yes, IC Markets MetaTrader is available to download on iPhone, iPad, Android, and Mac. IC Markets cTrader is available for iPhone, iPad, Android and cAIGO.

6. Is IC Markets offering VPS?

If minimum trading volumes are met, then IC Markets can sponsor up to USD $35 per month for VPS.

7. IC Markets PayPal: Is this payment method available?

Yes, the payment method with PayPal is available on IC Markets.

 

Note: Your capital is at risk

 

 

 

Vantage Review 2025 – A Must Read before Sign Up

When it comes to forex trading, the most important step is choosing the right broker for you, which is not only safe but also offers useful and convenient trading options. A CIMA regulated forex broker, Vantage offers access to the global forex market to traders via top-tier liquidity providers. You can experience fast trade execution with Vantage, with a vast range of trading instruments. Traders can access the markets of Vantage through the MetaTrader 4 and MetaTrader 5 platforms, as well as WebTrader and several mobile trading apps for Android devices and the iPhone.

 

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Note: Your capital is at risk

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Vintage License and Regulation

Going by the trading name Vantage, Vantage International Group Limited is regulated and authorised by CIMA (Cayman Islands Monetary Authority. Its SIBL (Securities Investment Business LAW) number is 1383491. Vantage ensures to follow and meet strict capital requirements, as well as employ internal procedures including regular staff training, strict auditing procedures, risk management, and financial compliance. By complying with the strict financial regulations set out by CIMA, the broker aims to offer fair and transparent access to global forex markets.

 

Registration

The registration process on Vantage is fast and easy. To register, you have to visit the official site of the broker.

1. The first step is choosing an account type. If you are a beginner, then it is recommended to open a demo account first.
2. You will find the “Demo Account” option at the top of the homepage. Click on it.
3. You will be redirected to the application form. Fill up this form with your first name, last name, country of residence, phone with international code and email. Then the form can be submitted.
4. You may also sign up with Google+, Facebook, or LinkedIn.
5. Similarly, to open a live account, choose the option “Live Account” on the homepage.
6. The page will redirect you to the application form. Apart from the other details like a demo account, you must choose your account type here. It can be an individual account or a company account.
7. Then, you can click on “Open Live Account.” Keep in mind that a live account cannot be opened using any other sign-in option.

 

After you are registered with Vantage, all you must do is fund the account with an extensive range of funding methods. Then, you are all set to access more than 180 instruments on MT4 or MT5, and trade.

 

Vantage Account Types

There are three different types of accounts on Vantage. You may choose from:

• Standard STP: This account is ideal for beginners who want simple and direct market access without any commission. The execution type is STP. The minimum deposit for this account is $200. Spreads from 1.4 pips, the commission is $0. Standard STP account is eligible for promotional credit bonuses.
• RAW ECN: RAW ECN is the most popular account on Vantage. It is designed perfectly for experienced traders that require razor-sharp spreads and deep liquidity. The execution type is ECN. You will have to deposit minimum $500 to trade with this account. The spreads from 0.0 pips, commission is $3.00 per lot per size. RAW ECN is not eligible for promotional credit bonuses.
• PRO ECN: This account is tailored for professional traders and money managers who are into trading high volume. The execution type of this account is also ECN. Minimum balance on this account is $20,000. Spreads from 0.0 pips, the commission is $2.00 per lot per size. PRO ECN is also not eligible for promotional credit bonuses.

 

Common features of all three accounts

• Platform: You can trade with all accounts on MetaTrader 4 and MetaTrader 5 platforms.
• Platform choices: Apart from MT4 or MT5 for Mac, traders can also choose WebTrader or mobile apps.
• Range of markets: 40 currency pairs, 20 commodities, 13 indices, and 100 share CFDs.
• Minimum trade size: 0.01 lot.
• Leverage: Up to 500:1. (T&Cs Apply)
• Account base currencies: AUD, USD, GBP, EUR, SGD, and CAD.

 

Trading Conditions

The minimum deposits for the different types of accounts are as follows:

• Standard STP - $200
• RAW ECN - $500
• PRO ECN - $20000

 

The minimum Trade size (Investment) for all three accounts is fixed at 0.01 lots.

 

Vantage Spreads and fees

Spreads for the Standard STP, RAW ECN and PRO ECN accounts starts from 1.4 pips, 0.0 pips and 0.0 pips respectively.

There is no commission charged for trading in the Standard STP Account. The RAW ECN and PRO ECN Accounts charge a commission of $3.00 per lot per side and $2.00 per lot per side, respectively

 

Instruments

Vantage Forex trading

The world’s largest financial market, the forex market has a daily turnover of $4 trillion in average. It leaves an impact on every transaction taking place in all tradable markets, including stock markets, futures and bonds. All companies, banks and governments participate in this market. The trading activities create volatility and traders earn profits consistently. Vantage offers seamless 24-hour access to traders so they can exploit the volatility in global markets. The broker’s website is structured to contain a plethora of content under the Education and News menu tabs. You may learn about the opportunities offered by the forex world by going through them. With this broker, you can access more than 40 forex pairs to trade.

 

Vantage Indices trading

Vantage provides traders with instant access to the most liquid stock exchange indices in the world. Due to the link to Vantage’s OneZero MT4 Bridge and unparalleled access to the deepest liquidity, you get the fastest execution speed. The Vantage indices pricing is according to the underlying price of the corresponding stock market of the index, which offers truly transparent pricing to traders. Gain access to 15 major stock markets with Vantage.

 

Vantage Energy Trading

Energy traders depend on price fluctuations of commodities markets like oil, gas, heating oil, and gasoline. Energy commodities are considered most important markets because the assets are parts of our everyday consumption.

 

Vantage Soft Commodities Trading

An exciting new market, soft commodities market plays a key role in the liquidity of global futures markets. Soft commodities are the assets that are not mined but grown, such as cocoa, coffee, cotton, orange juice, and sugar. Due to food and clothing production, soft commodities will always be required by people. Take advantage of the market by accessing it through MTS or MT5 platforms with Vintage.

 

Vantage Precious Metals Trading

Precious metals have a high economic value because they are rare. So, they are used a lot as commodities investment instruments. This market is a safe option during tough economic conditions, so, it is a wise decision to take long term position trades in this market of gold, silver, and copper with a Vantage MT4 trading account.

 

Vantage CFDs Trading

Apart from these, traders can also trade CFDs with Vantage. On Vantage’s trading platforms, you can trade US share CFDs, HK share CFDs, UK and EU share CFDs, and AU share CFDs.

 

Trading Platform Review

As mentioned earlier, you can trade on MetaTrader 4 or MetaTrader 4.

• Vantage MetaTrader 4: It is the most popular forex trading platform. M offers a wide variety of customized indicators and EAs. The number of timeframes on MT4 is 21. The forex robots are MQL4 based.
• Vantage MetaTrader 5: It is the next generation MetaQuotes trading platform. The number of timeframes on MT5 is 9. Forex robots are MQL5 based.

 

Common features of trading platforms

• Account type: RAW ECN, Standard STP, and Islamic.
• Platform Access: Desktop, WebTrader, and Mobile.
• Hedging: Yes
• Scalping: Yes

 

 

Vantage Webtrader Platform (MT4 and MT5)

By accessing Vantage cloud-based original MetaQuotes WebTrader platform, traders gain fast and stable access to their MT4 and MT5 trading account. You do not need to download or install this desktop version to your computer. You can access it from any web browser window to manage trades. All you need is a secure internet connection and you can access from a PC or MAC by using your Chrome, Mozilla Firefox, Opera, Internet Explorer, or Safari browser.

 

Social Trading with Zulutrade

Through the Zulutrade social trading platform, you get access to a wide range of professional trades and profitable trading systems. It offers many exciting features such as ZuluRank, ZuluGuard, Simulation, Customization settings, Risk Management, and Automator. After opening a Vantage live account, fill out the ZuluTrade Opt-In form. Thus, you can link the live account to ZuluTrade.

 

MAM/PAMM

Vantage offers a multi-account manager solution that you can customize according to your trading requirements. The broker is in a partnership with MetaFX and the superior MAM console has been created that takes care of trade management excellently. Professional money managers partner with Vantage for their MAM/PAMM solution.

 

Vantage App – Mobile Trading with Vantage

Apart from the web version, you can also trade by using official MetaTrader mobile apps offered by Vantage. It provides you with the advantage to trade from anywhere, anytime. The apps are available on all mobile platforms. You can download them from the following links:

iPhone

• MT4: https://itunes.apple.com/au/app/metatrader-4/id496212596
• MT5: https://apps.apple.com/au/app/metatrader-5/id413251709

 

Android phone

• MT4: https://play.google.com/store/apps/details?id=net.metaquotes.metatrader4
• MT5: https://play.google.com/store/apps/details?id=net.metaquotes.metatrader5

 

iPad

• MT4: https://apps.apple.com/au/app/metatrader-4/id496212596#?platform=ipad
• MT5: https://apps.apple.com/au/app/metatrader-5/id413251709#?platform=ipad

 

Android tablet

• MT4: https://play.google.com/store/apps/details?id=net.metaquotes.metatrader4
• MT5: https://play.google.com/store/apps/details?id=net.metaquotes.metatrader4

 

 

Deposits and Withdrawals

Vantage provides a host of convenient deposit and withdrawal methods which users can use according to their convenience. This includes credit cards, online payment systems such as Skril and Neteller, as well as bank wire transfers. The availability of these methods may vary from country to country.

Certain payment methods have some additional fees that the user might be charged for. Withdrawal requests are usually processed within 2 working days. However, the withdrawal time can vary, depending on the method and payment provider chosen. Some methods may be instantaneous, while others, such as bank transfers can take a few business days to clear.

It is also to be noted that there are certain transaction limits, requirements and restrictions associated with some payment systems, which are usually highlighted on their respective websites. Removing limits on particular methods may require a user to verify their accounts in some countries. Both the Vantage trading account, as well as the funds deposited into the trading account should be under the same name for a user.

Vantage offers options for users to open accounts in different national currencies such as USD, EUR, AUD, GBP, SGD, NZD, CAD and JPY. This is convenient for traders, as they can avoid unnecessary fees for currency conversion.

 

Vantage Demo Account

Vantage provides demo accounts for users. This can be extremely useful, especially for novice traders, who can test the different trading platforms and get accustomed to a live real-time trading environment before they open a real account.

To open a demo account, users simply have to navigate to the blue “demo account” tab on the top right hand corner of the official website, to get started. The process is simple and fast.

 

Note: Your capital is at risk

 

Education

Do you need help with trading?

Vantage has an “Education” section for traders on the homepage of the official website. You can find this section under the “Clients” menu. From this section, you can learn forex. There are MT4 and MT5 manuals as well. You may also watch the video tutorials on MT4 and SmartTrader tools.

 

Vantage Bonus and Special Offers

Promotions

• Refer a friend and earn a $150 bonus + $100 for your friend. (T&Cs Apply)
• You can earn rebates with the active trader promotion.
• Claim up to 50 % welcome bonus on the first deposit. (T&Cs Apply)
• Get forex signals in your inbox via email.
• Join the Vantage rebate program for a 10% bonus. (T&Cs Apply)

 

Note: Your capital is at risk

 

Free tools

• MT4 SmartTrader tools
• Trading signals
• Forex VPS
• Economic Calendar
• Forex Sentiment Indicators
• PRO Trader Tools

 

 

Vantage Customer Service and Support

Vantage offers global customer support via email, online chat and telephone on a 24/5 basis. Their responsive customer support system has won several accolades in the past. In addition to this, Vantage’s customer service team can also help users on a one on one basis, via the TeamViewer screen share software.

 

Conclusion: Should I trade with Vantage?

A forex market is a place where traders can earn huge profits, but you must always keep in mind that risks will always be there. It is necessary to select a broker that offers a safe platform to trade, so you do not have to end up losing money. Vantage is an excellent broker regulated by CIMA, and if never lets you miss out on opportunities with its mobile apps. So, if you are a beginner in forex trading and looking for a broker, then Vintage is a good option for you.

 

 

 

 

Q&A – Vantage Questions

1. Is Vantage Scam or legit?

Vantage is a regulated broker under CIMA. So, it is a genuine and safe place to trade.

2. Where is the Vantage Login?

On the top right corner of the homepage, you can find “Client Portal”. You can log in by clicking on it..

3. Is a Vantage download version available?

Yes, you can download official MetaTrader mobile apps of Vantage from Apple Store and Google Play Store for iOS and Android..

 

Note: Your capital is at risk

 

Roboforex Broker Review 2025 - Bonus, Demo & more

Founded in 2009, RoboForex is an award-winning online brokerage service, offering users the opportunity to trade over 9400 trading instruments spanning across multiple asset classes such as cryptocurrencies, stocks, indices, metals, ETFs, CFDs, energies and forex. They offer the popular MetaTrader platform, along with the professional “cTrader” platform, and their exclusive proprietary “R Trader” platform. All of these are available on desktop, mobile, and web versions. Intending to offer the best trading conditions by implementing the latest innovative technologies, RoboForex offers its users numerous trading tools, market analysis, educational resources, promotions, and trading signals.

Since its inception, the platform has been expanding rapidly, having received over 20 awards and titles, in the process. Some of these accolades include the Best Forex Broker for 2015 (Mena 15th forex show), Best ECN Broker 2016 (IAFT Awards), Best Investment products (London Forex Show), Best Crypto Broker 2018 (Manchester Investor Show) and the Safest Broker 2018 (London Investor Show), among many others.

 

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Note: Your capital is at risk

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RoboForex License & Regulation

RoboForex Ltd is part of the RoboMarkets/RoboForex Group and is headquartered in Belize. It is thus regulated by the IFSC or International Financial Services Commission in Belize. The IFSC follows international anti-money laundering policies and is responsible for regulating the financial market and enforcing regulations to protect investors. This ensures that companies under its regulations operate in a responsible and transparent manner.

The Financial Commission, which is an international organization, aimed at resolving disputes between its members and their clients through settlements, has added RoboForex Ltd as an “A” category member. RoboForex is also a participant in the Financial Commission Compensation Fund, which provides eligible traders an insurance cover of up to €20000.

For achieving more transparency, RoboForex has worked with Verify My Trade, a service that provides quality auditing reviews of order execution of different platforms, since 2018.

 

Registration

The registration process at RoboForex is very streamlined and user-friendly. To get started, users can click on the “Open an account” tab found on the upper right-hand corner of the official website. Users are required to fill in a short online registration form to get access to the members’ area. They are also required to upload the relevant documents for ID verification as per KYC rules, once they apply for a trading account. The documents are required as proof of identification and can be anything from a user’s passport, driver’s license, or a proof of address such as a user’s utility bill.

Upon verification of the documents, users can fund their trading accounts and begin their trading journey with RoboForex.

 

RoboForex Account Types

To cater to different trader requirements and preferences, RoboForex offers 6 types of trading accounts. These accounts vary in terms of commissions and spreads, with some offering marked up variable spreads with no commission charge, while others offer lower variable spreads with a commission charge. In addition to this, swap-free Islamic accounts are also available, which are in full compliance with Sharia Law. The different account types are discussed in brief below.

• Pro Standard Account: The Pro-Standard Account charges no commission fee and offers variable spreads from 1.3 pips onwards. The maximum allowed leverage is 1:2000.
• ECN-Pro Account: The ECN-Pro Account charges a $20 commission fee per one million in traded volume. It offers variable spreads from 0 pips with a maximum allowed leverage of 1:500
• Prime Account: The Prime Account charges a commission of $15 per one million in traded volume. It offers variable spreads from 0 pips with a maximum allowed leverage of 1:300.
• R Trader Account: The R Trader account provides access to over 12000 tradable instruments. It offers variable spreads from $0.01 pips and a minimum commission fee of $1.5. The maximum allowed leverage is 1:200.
• Pro-Cent Account: The main difference between a pro-standard account and a pro-cent account is that the latter uses cents instead of dollars. It offers variable spreads from 1.3 pips and charges no commission. It offers maximum leverage of 1:2000.

 

 

Trading Conditions

Minimum Deposit

The minimum deposit requirements for the different accounts are stated below.

• Pro- Standard Account - $10
• ECN-Pro Account - $10
• Prime Account - $10
• Pro-Cent Account - $10
• R Trader Account - $100

 

Minimum and maximum Investments (order size)

Roboforex has different minimum and maximum order size requirements depending on the types of accounts chosen. These are stated in brief below.

• Pro-Standard Account: The minimum and maximum order sizes are 0.01 lots and 100 lots, respectively.
• ECN-Pro Account: ECN-Pro accounts have a minimum order size of 0.01 lots and a maximum order size of 50 lots.
• Prime Account: The minimum and maximum order size offered by Prime Accounts are 0.01 lots and 50 lots respectively.
• Pro-Cent Account: Pro-Cent accounts have a minimum order size of 0.1 lots and a maximum order size of 500 lots
• R Trader Account: The minimum and maximum order volumes for R Trader Accounts are 1 stock and 2000 stocks respectively.

 

 

Instruments

RoboForex offers the largest selection of trading instruments offered by a broker. It offers over 9400 trading instruments spanning across Forex, cryptocurrencies, commodities, stocks, indices, shares, metals, energies CFDs and ETFs from multiple markets.

• RoboForex Forex/CFD Trading: RoboForex offers an impressive collection of currency pairs, consisting of more than 40 major, minor as well as exotic pairs. These include EUR/USD, GBP/USD, USD/CHF, USD/JPY, USD/CAD, AUD/USD, NZD/USD, EUR/USD, EUR/CHF, EUR/GBP, EUR/JPY, EUR/CAD, GBP/CHF, GBP/JPY, AUD/JPY, AUD/NZD, AUD/CAD, CAD/CHF, CAD/JPY, USD/ZAR, CHF/JPY, EUR/NZD, GBP/AUD, GBP/CAD, USD/MXN, AUD/CHF, EUR/PLN, EUR/TRY, GBP/NZD, NZD/CAD, NZD/CHF, NZD/JPY, USD/PLN, USD/TRY, USD/RUB and USD/CNH. The maximum leverage allowed is 1:1000. Spreads start from 0 pips and it has fast execution speeds of 0.2 seconds.
• RoboForex Cryptocurrency Trading: The increasing popularity of the cryptocurrency trading market worldwide has forced many brokers including RoboForex to offer cryptocurrency trading. With RoboForex, users can trade cryptocurrency CFDs of the most popular tokens/coins available in the market. It offers more than 26 major cryptocurrencies including Bitcoin (BTC), Bitcoin Cash (BCH), Dash (DASH), EOS(EOS), Litecoin (LTC), Ethereum (ETH) and Ripple (XRP). They are available on a 24/7 basis with a maximum leverage of 1:50.
  Apart from CFDs, RoboForex also provides crypto-indexes for users to access the global cryptocurrency market. These include “Crypto.ALT” and “Crypto.TOP”. When investing in crypto-indexes, users are investing in a class of cryptocurrencies and their markets, rather than any singular or individual token or coin.
• RoboForex Stocks: RoboForex offers stock CFD trading on German, Swiss, and American stocks. Users have access to a multitude of the biggest stocks in the world, including Google, Tesla, Apple, Amazon, Facebook, and others. RoboForex provides real-time stock exchange charts, online quotes, and a maximum leverage of 1:20.
• RoboForex ETFs: Users have access to more than 1000 ETFS or Exchange Traded Funds in RoboForex, with spreads starting from 0 pips. Examples include UUP (DB US Dollar Index Bullish Power shares), USMV (USA Min Volatility MSCI Ishares) and SPY (SPDR S&P 500 ETF).
• RoboForex Indices: RoboForex provides popular indices such as TSX, SPX and NASDAQ. Spreads start from 0 pips and has execution speeds of 0.1 seconds or more.
• RoboForex Metals: Users have access to trading Gold and Silver (XAU/USD and XAG/USD respectively). In Addition to that, they can also trade ETFs on palladium, platinum, silver and gold. It has fast execution speeds ranging upwards from 0.1 seconds, with low spreads starting from 0 pips.
• RoboForex Soft Commodities: RoboForex offers ETFS on more than 100 soft commodities including on coffee, cocoa, corn, sugar, wheat, soybean and fruit. Users can use a leverage of 1:20.
• RoboForex Energies: Roboforex also offers both CFDs and ETFs on energy commodities. These include natural gas, ethanol and oil (WTI,Brent). They offer leverage upto 1:100 with spreads starting from 0 pips.

 

 

RoboForex Trading Platform review

Because different traders have different needs and preferences, RoboForex provides a flexible range of platforms for users of all classes. IT offers both the MetaTrader 4 and 5 trading platforms in desktop (Windows/MAC), mobile (iPhone, iPad, Android, Tablet) and web versions.

They also offer 2 platforms for providing and copying signals, the CopyFX and the RAMM platforms. For users who require direct STP access to markets, RoboForex also provides a cTrader platform for professional traders.

In addition to this, RoboForex has 3 in house platforms, R WebTrader, R Mobile Trader and R Trader.

 

RoboForex MetaTrader 5

MetaTrader 5 is the most recent addition to the MetaTrader family. It has a similar interface when compared with its predecessor, offering some additional tools and features. This includes 6 types of pending orders, four types of order executions, multiple timeframes and technical indicators, a multicurrency strategy tester etc. The MetaTrader market has more than 1500 Expert Advisors as well as technical indicators for users to choose from. It also possesses advanced hedging capabilities and flexible netting.

MetaTrader 5 is also available as a mobile app for both Android and iOS devices, as well as a web platform, which allows users to access the platform through the most used browsers in existence.

 

RoboForex MetaTrader 4

MetaTrader 4 is the predecessor of MetaTrader 5 and is still regarded as one of the most popular platforms used by novice and experienced traders worldwide. With 3 order execution types, more than 50 integrated technical indicators, 9 chart timeframes, automated trading capabilities, a strategy tester and a bunch of other useful features, MetaTrader 4 is unparalleled.

MetaTrader also comes with a MetaTrader community, a place where users can share templates, indicators, automated systems and ideas amongst each other. MetaTrader 4 has a mobile app for both android and iOS devices, as well as a web platform that can be accessed from the most popular web browsers across operating systems.

 

RTrader

R Trader is RoboForex’s exclusive platform for multi-asset trading on financial charts, equipped with advanced technical analysis tools. It gives users access to over 9400 trading instruments along with all the required features an experienced trader needs. It provides a convenient trading platform for users which can also be fully customised.

Some of the important features of RTrader include:

• Level 2 market depth
• Multiple windows
• Unique watch lists
• Multiple chart layouts
• Trading directly from charts,
• Customizable viewing methods
• Technical indicators
• One click trading
• Market news

 

RTrader also comes with its own automated strategy builder with historical data stretching as far back as to 1970. Users are not required to bear any additional costs for this platform and there are no minimum volume requirements present. An experienced team of support staff is available for users, on a 24/7 basis.

 

R WebTrader

The R WebTrader is a WebApp for RTrader, which supports most modern desktop and web browsers. It has the same degree of control and features as the desktop version. It is a handy application for users wishing to conduct trading on the go. It does not require any additional downloads or updates.

 

R Mobile Trader

The R Mobile Trader is their mobile app available for both iOS and Android devices. It is ideal for users who want to trade on the go directly from their mobile devices. It provides the same capabilities and features as the web app and is available in both Google’s Play Store as well as Apple’ App Store.

 

cTrader

The cTrader platform is also offered by the RoboForex team, meant especially for professional traders. It provides them with direct STP access to global markets and is often the choice for experienced traders with rare order type requirements. It also offers better execution speeds as well as level II pricing.

The cTrader platform possesses over 50 technical indicators, 14 timeframes, 9 types of advanced interactive charts and a bunch of other useful tools. Users can also look to create their own trading indicators as well as robots in the C# programming language, via cTrader Automate.

 

cTrader Web

The web version of the cTrader platform is compatible with most modern browsers, without the need for downloading any separate application. It possesses almost all of the same features present in the desktop app, providing an intuitive and flexible web interface.

 

cTrader Mobile

The cTrader mobile app has all the features the desktop version possesses. Users can set notifications within the app and conveniently manage their account from the convenience of their own mobile devices. It is available for download for both Android and iOS devices.

 

RoboForex CopyFX Platform – Social Trading with RoboForex

RoboForex provides users with the CopyFX platform. It allows traders within RoboForex to offer strategies for others to copy, or to copy the transactions of other traders. Users can specify conditions from within the RoboForex Members Area and create subscriptions. It should be noted however, that the previous results and performance records from traders by no means should be considered as a guarantee of future performance.

 

Note: Your capital is at risk

 

RoboForex RAMM Platform

The RAMM Platform, provided by RoboForex is a platform allowing users to invest in other trading strategies with proportional profit distribution and increased control over risks. It provides an intuitive user interface allowing users to either provide their own strategies or to subscribe to other strategies, whichever they wish. Users can also choose the amount they wish to invest and can add or remove strategies at any time.

Users should be aware that the previous results and performance of a trading strategy might not guarantee the same future performance.

 

RoboForex Trading Tools

In addition to the different platforms, RoboForex also provides a multitude of useful, independent trading tools which are discussed in brief below.

 

RoboForex Analytics Center: The RoboForex Analytics Center is a free trading tool for all RoboForex users, providing all analytics under one comprehensive app. Users can access it through their browser or can download it directly on their iOS or Android devices.

It supports a total of 13 international languages. Users get access to up-to-date information, which they can use to analyse financial markets. Users can access it independently through the trading terminal. It consists of the following features:

• Calendar: This displays updated fundamental data and indicators. It includes the latest market news, bank interest rates, worldwide economic indicators, trading sessions, public holiday dates, etc.
• Tools: Under the tools section, the analytics center provides pivot level calculations, historical volatility chart, Fibonnacci retracements, etc.
• Signals: It displays signals in a table format. It shows data available on 7 different timeframes.
• Chat: This is chat section where users can read questions and answers from other users as well as ask questions of their own.
• Video: Provides weekly video forecasts for popular trading instruments.
• Education: This section provides ready-made strategies for different trading styles.

 

RTrader Strategy Builder: The RTrader strategy builder tool allows users to create their own automated trading systems, without possessing any complex coding knowledge. With a simple to use “point and click” interface, users can design, deploy and back-test their own automated trading systems, using their own trading strategies.

To ensure minimal execution delays, the automated strategies are saved and run from the server. There is no VPS required, as the strategy builder hosts all the strategies on a secure cloud server. Users also have some pre-designed templates which they can use to familiarise themselves with the whole system.

Virtual Private Server (VPS): A VPS or Virtual Private Server allows a user to remotely run their trading platform on a 24/7 basis without the need for their computer device to turn on. It is often used for users who require minimal downtime but have unreliable internet connections. RoboForex offers a free VPS to eligible clients. All they need is to maintain an account balance of at least $300 and produce a monthly trading volume of at least 4 standard lots, to be eligible.

 

Deposits and Withdrawals

RoboForex offers over 20 payment systems to choose from when depositing or withdrawing funds. There is no commission present for depositing or withdrawing. RoboForex can also compensate commissions for users withdrawing twice a month.

Depositing options include credit cards, bank wire transfers and online payment systems (examples, Neteller and Skril). However, the availability of these methods depends on the country the user is operating in.

Requests for withdrawals are typically processed within the same working day or the next day. The withdrawal time can vary between payment providers and the methods chosen. Bank transfers usually require a few business days to clear.

For extra security, all RoboForex accounts have a two-step authentication system built-in. This helps protect the user’s personal information and funds from any unauthorised access. Trading Accounts can be opened in currencies such as EUR, CNY, USD, BTC, ETH, and Gold.

 

RoboForex Spreads and fees

The minimum spreads for the different types of accounts are mentioned below:

• ECN- Pro Account: 0 pips
• Prime Account: 0 pips
• Pro-Standard Account: 1.3 pips
• Pro-Cent Account: 1.3 pips
• RTrader Account: $0.01 pips

 

The commission/ fees charged by the different types of accounts are provided below:

• Pro-Standard Account: No Commission fee
• ECN-Pro Account: $20 commission fee per 1 million in traded volume
• Prime Account: $15 commission fee per 1 million in traded volume
• Pro-Cent Account: No commission fee
• RTrader: Minimum $1.5 commission fee

 

 

RoboForex Demo Account

RoboForex provides Demo Accounts which users can use to test the platform. A demo account provides a nice opportunity for beginners or novice traders to test out the market, trade in a real-time trading environment and hone their skills. Users can simply click on the “try free demo account” tab on the official login page. Registering for a demo account involves a two-step process and requires the user to fill in the necessary details.

 

Note: Your capital is at risk

 

Education

RoboForex has provided users with a host of different educational resources, suited for different skill levels of traders. These include educational videos, Trading tips, Analysis and Forecasts, RoboForex Blog and a FAQ section.

 

RoboForex Bonus and Special Offers

• Is there a RoboForex no deposit bonus or Welcome Bonus? RoboForex offers a Welcome no deposit bonus of 30 USD for users starting live forex trading on the platform. (T&C Applied). All a user must do is make a $10 deposit, open an account and pass the verification to be eligible for this bonus (T&C Applied). This offer ends on Dec 31, 2020. This bonus only works with Pro-Standard and Pro-Cent Accounts.
• RoboForex Profit Share Bonus: This bonus allows users the opportunity to receive up to 60% of the deposited sum on all RoboForex standard and cent accounts. (T&C Applied). The eligibility criteria for this bonus is the same as above.
• RoboForex Classic Bonus: The Classic bonus allows users to receive a bonus of up to 120% for their first deposit onwards (T&C Applied) The eligibility criteria for this bonus is the same as for the “no deposit bonus”.

 

  

Note: Your capital is at risk

 

Customer Service and Support

RoboForex has an efficient and responsive customer service team that can reach out to users via email, online chat or phone, on a 24/7 basis. Additionally, they provide a call back service where users can leave their numbers to be contacted later by the customer support staff. It supports multiple languages including English, Chinese, Malay, etc.

 

Conclusion: Should I Trade with RoboForex?

Apart from the multiple accolades this trading platform has won, RoboForex provides a comprehensive, versatile, and efficient platform for users to access a vast array of trading instruments. With strict regulatory compliance and security protocols in place, it is worth investing in.

RoboForex Awards 

 

Q&A- RoboForex Questions

1. Is RoboForex a scam or legitimate?

RoboForex is a multi-award winning trading platform, which follows strict guidelines under the regulatory authority of the IFSC.

2. Where is the RoboForex login to the member area?

Users can register to the members area by visiting the “Members Area” page and clicking on register. They can log in to the members area by clicking the “sign-in” option on the top right-hand side of the official website.

3. Is RoboForex accepting PayPal?

Yes, RoboForex Allows users to use PayPal, one of the largest payment systems of the world when depositing in a trading account on the platform.

4. How much is the RoboForex leverage?

The highest leverage allowed on the platform for trading is 1:2000

5. How to open an account with RoboForex?

Users can click on the “Open an account” tab found on the upper right-hand corner of the official website to get started.

6. RoboForex APK: Is it available?

Unfortunately, there are no APKs available for RoboForex at present, but official Android Mobile Apps.

 

Note: Your capital is at risk