RoboForex Regulation is of high standard. RoboForex is a regulated online broker that provides trading services for currencies, cryptocurrencies, stocks, indices, and commodities.
It is a reliable and secure platform for traders to trade on the financial markets.
As such, it is important to understand the regulations that govern RoboForex and how it ensures the safety of its clients’ funds.
This article will discuss RoboForex’s regulation and review its legitimacy as an online broker. We will also look at some of the advantages and disadvantages of using this broker.
Roboforex regulation offers protection against negative balances
Roboforex is a regulated broker that offers investors the protection of negative balance protection. This means that traders will never lose more money than they have deposited, even if the markets move against them.
Roboforex regulation also ensures that all traders are treated fairly and their funds are kept safe from any potential financial frauds.
The broker has a strict set of rules in place to protect its clients from any form of financial losses due to market volatility or other factors.
There are situations where volatility can lead to a negative balance on your account. Should this occur, RoboForex will reset your account balance to zero. This happens automatically and without user intervention.
Roboforex regulation also ensures that all transactions are conducted in a secure manner and no personal data is shared with any third party without the express permission of the client.
Setting your Stop Loss sensibly will assist you with shielding assets on your account from critical and quick changes in costs and the market instability.
Understand that not all exchanges might be profitable, that is the reason one ought to be extremely mindful of the volume and the quantity of open positions and orders on the account.
Leverage is another significant tool to deal with your dangers. The higher the powerful leverage is, the higher the possible dangers and the profit are.
RoboForex is a member of the Financial Commission Compensation Fund
RoboForex Ltd, which is “A” classification individual from the Financial Commission, additionally is a member of its Compensation Fund. The Compensation Fund is a service included with Financial Commission participation which gives security up to €20,000 per case should a Member will not stick to a judgment from the Financial Commission. For more data, click here.
Website: The Financial Commission
Execution quality certificate of Verify My Trade
RoboForex Ltd has gotten the execution quality authentication Verify My Trade (VMT), affirming its consistence with the severe prerequisites of the Financial Commission to its member brokers.
RoboForex Ltd sends 5,000 depersonalized client exchanges for investigation consistently, so they were contrasted and the consequences of different brokers. For the testament in power to be affirmed, the aftereffects of the registration ought to conform to the market normal qualities.
Website: Verify My Trade
RoboForex Regulation IFSC Belize
RoboForex Ltd has an uncommon financier permit IFSC Belize “Trading in financial and ware based subordinate instruments and different protections” under the number 000138/210.
IFSC Belize (International Financial Services Commission Belize) is a Belizean regulator of the financial services market of the global level.
The movement of IFSC is controlled by the Ministry of Belize Securities and International Financial Services Commission Act (IFSC Act). As the regulator of financial services market, IFSC issues licenses and directs monitoring of financial services given by the market players to ensure that the licensees work in the most productive, straightforward, and dependable way. The regulator guarantees that solitary the most dependable and socially mindful organizations get the permit to work inside Belize and past.
IFSC Belize follows the global AML (Anti-tax evasion) strategy.
Trade Responsibly: Derivative products are highly leveraged, carry a high level of risk and are not suitable for all investors.
