General Information |
|
---|---|
Broker Name: | RoboFund |
Broker Type: | Forex & CFDs |
Country: | Germany |
Operating since year: | N/A |
Regulation: | N/A |
Broker status: | Active |
Customer Service | |
Phone: | N/A |
Email: | [email protected] |
Languages: | English |
Availability: | 24/5 |
Trading | |
Trading platforms: | Proprietary |
Trading platform Time zone: | N/A |
Demo account: | No |
Mobile trading: | Yes |
Web-based trading: | Yes |
Bonuses: | No |
Other trading instruments: | Yes |
Account | |
Minimum deposit ($): | $250 |
Maximal leverage: | 1 : 4000 |
Spread: | Floating From 0.0 Pips |
Scalping allowed: | Yes |
Forex pairs offered: | N/A |
Payment methods: | N/A |
Account types: | N/A |
Robofund Review
Our Robofund review will introduce an exciting new CFD brokerage option. As you know, the easiest way to improve your performance on the market is to find a new broker. In fact, that’s why we suggest swapping brokerages often, provided they don’t offer any loyalty-type long-term bonuses. As such, every new broker is an exciting opportunity.
Our goal is to help you start investing and meeting your personal finance plans. That’s why, in this Robofund review, we will present the service realistically so you can verify that it suits you specifically. Whether you have your preferences set or are still exploring, you’ll be able to see whether the conditions we’ll lay out sound good.
So again, we’re dealing with a CFD brokerage. This means you won’t have underlying asset ownership. The downside is that if you’re a stock trader, you won’t get dividends (although these seldom matter unless you hold massive positions). The upsides are numerous, including easier access to global trading instruments and a more streamlined fee structure. As you’ll see later in our Robofund review, the broker is adamant about providing the best fee structure possible.
Beyond the base services, we’ll also see financial management, assistance, and a bonus. Altogether, this creates an alluring proposal for newer traders. However, that’s not the main focus, as the account structure on robofund.com makes the service quite well-rounded.
With this introductory bit out of the way, we’d like to get a bit more specific. In the next section, we will explore the main features the broker has to offer.
Robofund Review of Services
As we’ve already noted, the broker is intent on helping you meet your financial goals. This starts from the moment you open an account to the point where you’re a confident trader.
First, we need to note that the broker can offer instruments from all asset classes. As we mentioned earlier in our Robofund review, that’s enabled by CFDs. The asset variety helps create a diversified portfolio, as well as simply creating more trading opportunities. With over 300 assets present, you have almost complete market exposure with the broker.
The next thing helping you meet your investing goals is a strong core of trading services and financial planning tools. The spreads are as low as 0.0 pips, with the broker offering 1:400 leverage. That already builds a strong foundation and allows high profits. However, as we all know, leverage is dangerous; how does the broker deal with that?
Simple. With a range of risk management tools as well as prebuilt alerts on top of custom ones, you’ll always be in the clear. The stop-out levels are also fairly tight regardless of account, so careful traders will be able to utilize leverage to the maximum.
We should also mention the financial planning and portfolio management services that become available later on. As you’ll see in the accounts section of our robofund.net review, the broker introduces numerous features that help guide you or at least nudge you in the right direction.
Capping off the trading feature set is the platform, with a highly intuitive but customizable interface. This promises a trading experience that’s smooth out of the box but grows with you and is as sophisticated as you make it.
Overall, the broker offers a great deal of power and control, letting you find the perfect balance.
Robofund Review: Is it Safe to Invest With?
As we’ve noted numerous times in our texts, finding investment options isn’t simply about going for a strong broker. Sadly, the finance world is rife with scammers, and they aren’t intent on leaving. That’s why traders need to be extra careful.
However, as you’ll see from this section of our Robofund review, there’s no need to worry. The broker is diligent in making traders feel safe and protecting them from any threat they may encounter.
And we’ll start with something a bit unorthodox, and that’s the broker’s attitude. The thing that impressed us first wasn’t a sophisticated cybersecurity measure, but how the broker positions itself.
It doesn’t make outlandish statements and admits service issues may occur. If you’ve been trading for a while, you know that’s true and that these problems aren’t really anyone’s fault. However, the broker also promises to resolve these issues swiftly and highlights the importance of its support structure.
This realistic attitude that sets healthy expectations is also present in other places. But don’t worry, we aren’t basing our security rating just on that. After all, these statements would be fairly empty if unsupported.
Namely, another crucial thing for our Robofund review is that it follows security standards set by top regulators. It adheres to CySEC and FCA guidelines, creating healthy boundaries for traders.
On top of that, the broker employs a full suite of standard security measures. It has encryption, account authentication, KYC processes, and much more. It also cooperates with top-tier banks as liquidity providers and employs customer-broker fund separation.
Altogether, the broker checks our boxes in every regard. It has a solid setup and acts like a serious company, which is sadly rare in today’s brokerage world. With that, we’d feel completely safe depositing our own money with the company.
Robofund Review of Accounts
While we’ve hinted at some account features earlier in our robofund.net review, here we’ll aim to paint the full picture. In fact, the accounts are what makes the broker a truly versatile option. They provide value both for newer traders and experienced investors, as well as everyone in between.
For the lower end, the broker’s first advantage is the low account minimum of $250. That allows users to get in without too much effort and benefit from the service easily. This is supported by the fact that the account is powerful for its level, offering leverage options and swap discounts.
Another advantage for newbies is the account structure itself, scaling with their cumulative account balance. That way, you can start with the minimum amount, and as you earn more and top up your account, you’ll climb towards the more sophisticated accounts. You won’t need to go all out or break your bank, just go step by step and you’ll get a better service.
For more experienced traders, one look at the account features that we’ll lay out later in our Robofund review will make the advantages clear. The luxury accounts provide massive boosts, both in terms of raw trading power and financial advice. Of course, these come without any advisement or management fees.
Some highlights here are the guaranteed payouts every three months, curated account summaries, and managed trading sessions. The features in the higher deposit accounts work together to make trading both more pleasant and more profitable.
Lastly, we should mention the bonus, which lets traders effectively double their initial deposit. Needless to say, this is universally useful. The bonus may make you consider investing more on your first run, which we agree is a smart choice, but never put in more than you can lose.
Account specifications at robofund.net
Standard
- Pricing: €250
- Account Leverage: 1:20
- Swap reduction: 10%
- Stop-out level: 10%
- Monthly volume limit (in nominal value): 20,000
Advanced
- Pricing: €25,000
- Account Leverage: 1:40
- Swap reduction: 20%
- Analyst workshops: 1 per month
- Stop-out level: 8%
- Payouts per month (after 3 months of use): €1,000
- Managed Account Sessions: 2 per month
- Access to the account summary report: 1 every 2 months
- Monthly volume limit (in nominal value): 50,000
Platinum
- Pricing: €100,000
- Account Leverage: 1:100
- Swap reduction: 30%
- Analyst workshops: 2 per month
- Stop-out level: 6%
- Payouts per month (after 3 months of use): €3,000
- Managed Account Sessions: 4 per month
- Independent contracts
- Access to the premium trading room: 6
- Access to the account summary report: 1 per month
- Monthly volume limit (in nominal value): 200,000
Expert
- Pricing: €250,000
- Account Leverage: 1:200
- Swap reduction: 40%
- Analyst workshops: 4 per month
- Stop-out level: 4%
- Payouts per month (after 3 months of use): €7,500
- Managed Account Sessions: 8 per month
- Independent contracts
- Invitations to VIP events
- Access to the premium trading room: 12
- Access to the account summary report: 1 per month
- Monthly volume limit (in nominal value): 500,000
VIP
- Pricing: €500,000
- Account Leverage: 1:400
- Swap reduction: 50%
- Analyst workshops: 8 per month
- Stop-out level: 2%
- Payouts per month (after 3 months of use): €15,000
- Managed Account Sessions: 12 per month
- Independent contracts
- Invitations to VIP events
- Access to the premium trading room: Unlimited
- Access to the account summary report: 1 per week
- Monthly volume limit (in nominal value): 1,000,000
Robofund Platform
While the features highlighted so far in our Robofund review are fantastic, they don’t complete a service. For the broker to offer a truly well-rounded experience, it also needed to provide its customers with a good way to interact with markets. Its web-based platform is exactly that.
The software is sophisticated yet easy to use. It comes with all the indicators and visual aids you’d expect and then some. You won’t have any issues conducting your analyses through the broker’s platform.
But that’s not where things end since the broker’s platform is also modular to a large extent. That means you can tweak the interface to suit your needs and wants perfectly. However, that’s not the most important bit of customization for our Robofund review.
Namely, the broker also offers custom alerts, which means you can essentially set up your own trading signal. This makes it simple to track the assets you’re interested in or larger market movements. You won’t need to stare at your platform to do so for hours.
This customization is crucial and enables the broker to satisfy eclectic groups of traders. It lets you take full control of your trading and helps you be successful while you’re resting, as well as when you’re actively engaged.
Lastly, we believe the decision to make the software a web platform is fantastic. It allows users to engage in trading quickly whenever they find themselves somewhere new. With a few clicks, their entire account, including past trading data, will be available. And due to the advancement of software, these platforms lose nearly nothing over terminals.
The broker, as you can see from the rest of our robofund.net review, has fantastic conditions, and it brought it home with the platform, ensuring a great practical experience.
Robofund Review Conclusion
Our impression of the broker is fairly clear from our text, but here, we’ll recap and give our final verdict.
The brokerage creates a safe trading environment, both taking a healthy stance towards mistakes and offering practical measures. Its security setup of encryption, verification, fund segregation, and following top regulator guidelines creates a firm core of services. It all but guarantees that traders are safe from the outside, and nothing in the broker’s behaviour indicates it’d be a threat.
Furthermore, its service is incredibly well crafted from the ground up. No matter where you are on the experience or budget spectrum, it has something for you. As we said earlier in our Robofund review, if you’re a beginner, it greets you with a simple onboarding process, low deposit requirements, and an intuitive platform. If you’re more experienced, the broker packs its service unbelievably tightly with powerful trading and assistance conditions.
Additionally, access to a pool of 300 assets from all major instrument categories, tight spreads, high leverage, and risk control features form a strong trading core, regardless of supplementary features. But the broker goes above and beyond with rare options such as guaranteed payouts per quarter. Furthermore, it includes a deposit-match bonus, which essentially doubles your initial investment.
With that, it’s impossible to deny that the broker is among industry leaders. But as we said in our Robofund review, it also includes a strong proprietary platform. This, along with the broker’s diligent support team, ensures that the experience is comfortable as well as profitable.
Altogether, the broker has put everything together in a way that few have. It’s one of the few true all-arounder brokerages, so Robofund has definitely earned our recommendation.
Fast withdrawals
Offer a wide range of markets, tight spreads and fast withdrawals. I gain profit from my trades, too.
Did you find this review helpful? Yes No
Good profit
I have gained good profit. Worth my money and time.
Did you find this review helpful? Yes No
Good forex broker
A good forex broker to deal with. I am able top withdraw regularly good profit. They have a lot of trading instruments offered and have good leverage, too. Although there is no demo account, they have a dedicated account manager to train me upon account registration and have guide me as I trade along. Trades are highly profitable, in fact, I had my first withdrawal which is smoothly done and is hoping to have my next withdrawals soon.
Did you find this review helpful? Yes No