The biggest drawbacks at RoboForex include a general lack of educational content and scarce research resources outside of Trading Central and Acuity Trading. After customizing all basic parameters, an advisor has to be installed on the chart of the chosen financial instrument. To do this, drag an advisor by left-clicking it from “Navigator” window onto the chart. Then, you will see the window with this advisor’s settings. A happy smile icon close an advisor’s name in the top right corner of the chart indicates that an advisor is enabled and working.
In this window, one can quickly specify the order volume and open a buy or sell order at the xcritical market price. “Sell” button and the xcritical Ask is on the left, while “Buy” button and the xcritical Bid price is on the right. Clicking one of them will open an order in the direction chosen by a trader. An application for trading on financial markets, MetaTrader 4 was developed and is supported by MetaQuotes Software. Despite its quite deep history (released in 2005), MetaTrader 4 has been one of the most popular and actual software for traders ever since. Its recipe for success can be explained by three words, availability, simplicity, and effectiveness.
RoboForex platforms and tools
This deposit bonus promotion is only available on the ProCent and Pro accounts for MetaTrader 4 or MetaTrader 5, and there are additional requirements as per the program conditions for the RoboForex deposit bonus. The rules for these promotions are always subject to change; make sure that you fully read the fine print before signing up with a broker with the express purpose of receiving a deposit bonus. RoboForex offers deposit bonus promotions from time to time.
At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). MetaTrader Market is a unique platform available in your MetaTrader 4 terminal, where you can acquire the best robots and indicators for trading. MetaTrader Market features free demo versions of all the products, so you can test any application before buying. Moreover, the Market offers a variety of software free of charge. This account type is ideal for testing strategies and EAs, and smooth transitioning from a demo account to real trading.
- It is suitable for both currency and other types of markets.
- After connecting your trading account to a virtual server, your terminal data synchronization will be required.
- RoboForex offers deposit bonus promotions from time to time.
- However, RoboForex requires a minimum deposit of $100/€100 for its proprietary R StocksTrader platform.
MetaTrader 4 for PC
Your eligibility for deposit bonuses at RoboForex may depend on which of the broker’s entities holds your account and/or your country of residence. Any information contained in this site’s articles is based on the authors’ personal opinion. These articles shall not be treated as a trading advice or call to action. The authors of the articles or RoboForex company shall not be held liable for the results of the trades arising from xcritical website relying upon trading recommendations and reviews contained herein. Market orders are orders to buy or sell a financial instrument at the xcritical market price.
In case of an unhappy emoticon, trading for this advisor is not allowed. Left-click on this emoticon will open the menu with settings where you can check its status in “Common” tab. RoboForex provides a decent range of markets, platforms, and account types across its various entities to cater to a range of trading styles.
What is the minimum deposit at RoboForex?
Please note that you can find a detailed “User Manual” for MultiTerminal by selecting “Help Topics” in the Help menu or by pressing the F1 key on your keyboard.
The classic MetaTrader 4 terminal offered by RoboForex is the top choice for trading among its clients. It is widely popular among both beginner and experienced traders, providing all necessary features and tools for the financial market. Additionally, it offers unique functionality and opportunities specific to MQL platforms. The most common account type amongst RoboMarkets traders. It provides access to a wide range of instruments on the MT4 and MT5 platforms. John Bringans is the Senior Editor of ForexBrokers.com.
As a result, some features of the MetaTrader 4 terminal may work incorrectly.By now, the issues with the news containing Unicode symbols have been discovered. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
To start working in the application, you have to connect your real trading account or create a demo one (a virtual account intended for developing your trading skills). Demo accounts provide an opportunity to learn how to work with the terminal and check how efficient your approach to trading is without risks of losing your own money. MetaTrader 4 is a third-party trading platform that connects to a broker for forex trading. When making your selection, you need to pay attention to many factors, such as the number of tradable securities, pricing, financial instruments on offer, reputation, deposit size, and support. To open a position in MetaTrader 4, go to the main menu or click “New Order” icon on the toolbar.
RoboForex is not a scam – though the broker has been impersonated by potential scammers in the past. RoboForex and its EU-based RoboMarkets sister brand respectively hold three regulatory licenses; the RoboForex entity holds a license in Belize, and the RoboMarkets brand holds licenses in Cyprus and Seychelles. Find out what the prospects are for this currency pair. PlayOnMac is a Wine-based software that simplifies and makes the software installation procedure automated. Wine is a free program that allows users to run Windows-based applications. Read the latest foreign currency trading forecast for 2024.
Find out how the EUR/USD, GBP/USD, USD/JPY, and other currency pairs could change in 2024. Also, it is necessary to choose the type (Buy Limit, Buy Stop, Sell Limit, Sell Stop), specify the opening price, and, if necessary, the order expiration date. Your Pending order is now created and will activated as soon as the price reaches the specified price. To customize the chart, one has to either go to “Charts” menu or right-click on the chart and choose “Properties” (F8). After installing MetaTrader 4 you may need additional trading tools.
All application have free demo versions in the Market, so they may be tested before you buy them. Moreover, some users allow to download and use their products absolutely xcritical official site for free. You can choose and download a more suitable of the MT4 trading platform and another terminals from the RoboForex Download center.. Joey Shadeck is the Content Strategist and Research Analyst for ForexBrokers.com.