Is Roboforex An ECN Broker?
RoboForex ECN Trading Platforms
One of the fastest trading platforms for stocks, indices, currency, commodities, ETFs, CFDs, and cryptocurrencies is offered by RoboForex, a significant online trading platform. RoboForex is renowned for its lightning-fast order processing and offers some of the most competitive tight spreads starting at 0 pips compared to many other well-known brokerages. A 15% cashback offer is one of the bonuses and promotional offers that RoboForex makes available to its traders. RoboForex offers leveraged transactions of up to 1:2000 and negative balance protection.
RoboForex provides ECN trading on two platforms: MetaTrader 4, a traditional terminal, and MetaTrader 5, an "advanced" platform. Furthermore, R WebTrader and R MobileTrader (the Company's technologies) allow you to trade on MT4 accounts.
Real ECN accounts are pure order-matching execution systems where the account provider charges a premium as Commission for each trade instead of artificially inflating the raw spread that naturally develops during the order-matching process.
More experienced RoboForex traders prefer this option since it has the fastest order execution speed and the finest trading conditions.
RoboForex ECN Trading Platforms
MT4, MT5, cTrader, WebTrader, iOS App, Android App
Available Financial Instruments
36 pairs of Forex currencies, Metals, CFDs on US stocks, CFDs on Indices, CFDs on Oil, and Cryptocurrencies financial instruments.
from 0 PIPs
RoboForex Deposit Bonus is not provided, but RoboForex ECN clients can take advantage of loyalty offers.
Metatrader 4 for ECNMetaTrader 4, usually known as MT4, is one of the most widely used trading systems and has been used in financial markets since 2005. The MetaTrader 4 programme provides a feature-rich, user-friendly interface and an incredibly customizable trading environment designed to meet all your trading demands and improve your trading performance. Advanced order management tools and charting functionalityUnderstand that the MetaTrader 4 (MT4) trading platform was designed primarily to trade forex, but you may also trade CFDs and Spread Betting to trade other forms of financial assets. Stocks, Indices, Commodities, ETFs, and Futures cannot be traded on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. Because you are speculating on price movements with Roboforex, you will not own any underlying assets with CFDs or Spread bets.Roboforex offers the MetaTrader 4 platform in various versions, including an online web platform and a downloaded application for Windows PCs and Apple Macintosh computers. Roboforex MetaTrader 4 is now compatible with macOS Mojave. Roboforex allows traders to trade on mobile devices such as the iPhone and Android.
Roboforex Metatrader 4 WebtraderAs more and more traders continue to trade online, MetaTrader 4 has become the most popular trading platform in the world. Metatrader 4 is offered as a web-based application that can be used using your web browser. MetaTrader 4 web software offers the same simple performance as the desktop version, with powerful charting, a highly customizable trading environment, simple online trading tools, and a wide range of indicators. You can trade without a Dealing Desk in our Raw Pricing environment from anywhere in the world.
MetaTrader 5 for ECNMetaTrader 5, or MT5, is a multi-asset trading platform that offers a variety of trading capabilities and financial research tools. MT5 also supports automated trading systems (trading robots) and copy trading. For example, additional periods and advanced charting tools can give you a competitive advantage in the financial markets.MetaTrader 5 was published in 2010 as an update to MetaTrader 4.MetaTrader 4 was designed exclusively for trading Forex and CFDs, but MetaTrader 5 allows you to trade Forex, Futures, Stocks, Algorithmic Trading, ETFs, and Indices.
MetaTrader 5 WebTrader Roboforex TradingAny web browser can access your Roboforex MetaTrader 5 accounts. It includes a wide range of tools, such as different periods and the most recent technical indicators, to provide you with all the trading resources you need to trade and analyze financial markets.
FAQsWhat exactly is ECN trading?Trading with an ECN (electronic communications network) broker is what ECN trading is all about. ECN brokers provide pure order-matching execution systems, which charge a premium as Commission per trade rather than artificially inflating the raw spread, which occurs naturally throughout the order-matching process. Above a particular trading volume, the cost of ECN trading tends to be lower.What is the distinction between a real ECN account and a regular account?A true ECN account matches orders and executes them as they come in, charging Commission for execution and no premium on the raw spread. In contrast, a normal account is typically maintained by a market-making broker that charges a fake premium spread to benefit from execution.What exactly are ECN and STP?The terms "ECN" and "STP" stand for "electronic communications network" and "straight-through processing," respectively. STP brokers execute by forwarding client orders to an external liquidity provider, whereas ECN brokers execute by matching client orders.Which is superior, ECN or STP?In liquid market conditions, ECN accounts can offer tighter spreads and a lower overall cost of trading. However, STP brokerages can offer similar convenience and cost of execution without the disadvantage of a dealing desk. Much will be determined by the service's quality and the liquidity of the markets transacted.Can I scalp on RoboForex?Scalping is permitted on RoboForex.If you intend to scalp in RoboForex, you should register an ECN-PRO NDD account because it offers several benefits:
When comparing ECN accounts with other brokers, RoboForex has the greatest scalping trading conditions. For example, the minimum deposit for an ECN account at AMarkets is £1,000. This is not a sum that every inexperienced trader can afford.What are the awards that RoboForex received for being an ECN broker?IAFT The Best ECN Broker 2016Best ECN Broker Award in 2013Fastest Growing ECN Broker in Eastern Europe Award in 2012
- There is no minimum deposit.
- Floating spread starting from 0 points.
- There are no re-quotes.
- The leverage is set at 1:300.
- A little commission is £20 for every million in revenue.
- Compared to the ECN-FIX SPREAD NDD with a fixed spread, the ECN-PRO NDD account with a floating spread and Commission wins.
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