Is RoboForex better than IC market? (2024)

Is RoboForex better than IC market?

Is IC Markets better than RoboForex (RoboMarkets)? In our analysis of 23 international regulators across 62 of the best forex brokers, IC Markets is considered Trusted, with an overall Trust Score of 84 out of 99. RoboForex is considered Average-Risk, with an overall Trust Score of 71 out of 99.

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Which broker is better than IC Markets?

IC Markets alternatives recommendations

Pepperstone is recommended for forex traders looking for great account opening and customer service. Vantage is recommended for forex and cfd traders familiar with the metatrader trading platforms. Axi is recommended for forex traders familiar with the metatrader 4 platform.

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Can RoboForex be trusted?

Yes, RoboForex is considered a trusted brokerage firm, regulated by the Financial Services Commission (FSC) with license number 000138/437.

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Does RoboForex accept US clients in USA?

RoboForex Ltd and it affiliates don't work on the territory of the USA, Canada, Japan, Australia, Bonaire, Brazil, Curaçao, East Timor, Indonesia, Iran, Liberia, Saipan, Russia, Sint Eustatius, Tahiti, Turkey, Guinea-Bissau, Micronesia, Northern Mariana Islands, Svalbard and Jan Mayen, South Sudan, and other restricted ...

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Is RoboForex reliability?

Being regulated by IFSC (Belize), RoboForex maintains a high standard of transparency and reliability, significantly reducing the risk of fraudulent activities. The broker offers negative balance protection to safeguard clients from potential losses due to market volatility.

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Which broker do most traders use?

Compare the Best Online Brokers
BrokerStar RatingNumber of No-Load Mutual Funds
Fidelity Investments4.83396
Charles Schwab4.714,900
Interactive Brokers4.619,000+
tastytrade4.50
3 more rows

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Which broker is most reliable?

Best Overall - Zerodha

Zerodha, a top discount broker, excels in trading and demat account services. Positive reviews, a user-friendly interface, affordable fees, diverse investment options, and useful features like technical indicators and advanced charting tools make it the best choice overall.

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What are the risks of RoboForex?

These risks include decrease in liquidity, price change, high volatility and circ*mstances beyond control.

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How long does RoboForex withdrawal take?

Depending on the chosen payment system, you may be asked to specify some additional information on the next page to create a withdrawal application. Please note that withdrawal applications are processed by the Company within two business days from 9:00 AM to 6:00 PM (EET).

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What countries is RoboForex banned in?

The United States, Russia, Canada, Japan, the Northern Mariana Islands, Australia, Bonaire, Guinea-Bissau, Brazil, East Timor, South Sudan, Indonesia, Iran, Saipan, Curaçao, Sint Eustatius, Tahiti, Micronesia, Svalbard and Jan Mayen, Liberia, and other prohibited countries are among the nations in which RoboForex Ltd.

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Which platform is best for trading in USA?

Summary of the best trading platforms:
  • Interactive Brokers.
  • SoFi Active Investing.
  • E*TRADE.
  • TradeStation.
  • ZacksTrade.
  • Firstrade.
  • Ally Invest.
  • Webull.
Mar 29, 2024

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Which forex broker is best in USA?

Best forex brokers for US in 2024
  • Forex.com. FX score: 4.2/5. 68% of retail CFD accounts lose money. 68% of retail CFD accounts lose money.
  • Oanda. FX score: 4.1/5. 78.3% of retail CFD accounts lose money. ...
  • IG. FX score: 4.0/5. 69% of retail CFD accounts lose money. ...
  • Interactive Brokers. FX score: 3.8/5.
Mar 28, 2024

Is RoboForex better than IC market? (2024)
Is IC Markets legit?

IC Markets Global is authorised and regulated by Financial Services Authority of Seychelles (FSA).

Does IC Markets accept US clients?

IC Markets Global does not accept US clients. US CTFC regulation prevents US clients from trading with brokers outside the US. IC Markets Global complies with International regulations.

How long does it take to verify RoboForex?

The verification procedure takes up to 2 business days.

How much does RoboForex charge?

  • fee. Deposit: 0.5% Withdraw: 0.5%
  • Processing time. Deposit: up to 1 day. Withdraw: up to 1 day.
  • limitations. Deposit: 5 - 25,000 USD. Withdraw: from 0.1 USD.

Who is the No 1 stock broker in us?

Charles Schwab is a leading U.S. stock brokerage firm with $8.56 trillion under management and 35 million active brokerage accounts.

How much money do day traders with $10000 accounts make per day on average?

With a $10,000 account, a good day might bring in a five percent gain, which is $500. However, day traders also need to consider fixed costs such as commissions charged by brokers. These commissions can eat into profits, and day traders need to earn enough to overcome these fees [2].

Do you need 25k to day trade?

You can day trade without $25k in accounts with brokers that do not enforce the Pattern Day Trader rule, which typically applies to U.S. stock markets. Consider forex or futures markets, which have different regulations and often lower entry barriers for day trading. Swing trading is another option.

Which broker gives best advice?

  • Fyers.
  • 5paisa.
  • Nuvama Wealth.
  • Alice Blue.
  • SAMCO.
  • ProStocks.
  • ICICIDirect.
  • Sharekhan.

Which broker is best for beginners?

Fidelity's site is easy to navigate, and you'll find what you're looking for quickly without much fuss. All these reasons explain why Fidelity was named the best broker for beginners in the 2024 Bankrate Awards. Fidelity may be the most investor-friendly broker out there, making it a top choice for beginners.

Which broker is easiest to use?

  • TD Ameritrade — BEST ONLINE BROKER FOR BEGINNERS.
  • Fidelity Investments — Runner Up, Best Online Broker for Beginners.
  • Charles Schwab — Best Online Broker for Customer Service.
  • Fidelity — Runner Up, Best Online Broker for Customer Service.
  • TD Ameritrade — Best Online Broker for Educational Resources.
5 days ago

Does RoboForex allow scalping?

RoboForex stands out in the Forex trading world, offering an exceptional platform tailored for effective and profitable scalping. For those looking into scalping, RoboForex offers extremely tight spreads starting at just 0.1 pips for Pro Accounts and a favorable minimum lot size of 0.01.

What is the safest forex to trade?

List of Top 10 Stable Currency Pairs
  1. EUR/USD. The EUR/USD currency pair takes the largest portion of the overall trading volume. ...
  2. GBP/USD. GBP/USD is another heavily traded currency pair. ...
  3. USD/JPY. USD/JPY is the second most traded currency pair. ...
  4. USD/CAD. ...
  5. AUD/USD. ...
  6. USD/CNY. ...
  7. USD/CHF. ...
  8. GBP/JPY.

What is the safest forex trading?

Trust: Founded in 1974, IG is publicly traded (LON: IGG) and regulated in eight Tier-1 jurisdictions, making it a Highly Trusted broker for forex and CFDs trading. All jurisdictions considered, we ranked IG as the most trusted forex and CFDs broker for our 2024 Annual Awards.

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