Investing in the stock market is a common practice for people who would love to have some passive income. The stock market might seem a dangerous place, but it is a solved concept where anyone can invest money and gain some profit. However, every organization dealing with investors must clarify their objectives and procedure of investment.
If one considers brokers like RoboForex, the investing experience can be safe and very profitable. Unlike other brokerage firms, RoboForex handles real-time situations and explains them to their investors so that they make a wise investment decision. Thus, it is necessary to know what type of brokerage firm you should choose in order to get maximum profit.
Basic features of RoboForex
RoboForex has won numerous awards in the field of finance management and offers the best features when it comes to choosing an online brokerage firm. The account one creates in RoboForex can operate in USD, EUR, and Gold. The minimum deposit in the account is $10 and the leverage is 1:2000.
The instruments that can be invested upon or applied as leverage are Forex, stocks, indices, groceries, metals, and energy commodities. It is easy for beginners to use and has features such as one-click trading, instant market execution of orders, and no limit on open trades.
Advantages of RoboForex
The advantages of RoboForex are:
- It rewards a welcome bonus of $30.
- Free video tutorials for all the features and their operation to help new users.
- Easy interface and clear instruction on placing orders.
- RoboForex engages in all types of interaction between the broker and the trader offering 24/7 customer care service.
- One can file a complaint easily if they notice any dispute.
- The best features aimed especially for beginners allow users to instantly withdraw without any commission.
- There are eight options for carrying out payments including Skrill, Neteller, AdvCash, Perfect Money, VISA, and Mastercard bank cards.
Disadvantages of RoboForex
Every software has some or other faults, but surprisingly RoboForex has minimal faults making the customer experience good and helps to earn profit with simpler operation. The web-based brokerage medium has some disadvantages that can be worked upon. The disadvantages are:
- One must intake quite a lot of tutorials and understand the operations before starting to use RoboForex as a broker.
- The communication to the customer care can be improved and worked upon.
- It does not offer any liquid funds.
- Instant withdrawal of orders requires quite a lot of documentation and important paperwork.
Credibility of RoboForex
RoboForex is used and reviewed by thousands of users proving its credibility. Users have claimed the trading platform to be credible, safe, and easy to use. The login process is secured and requires authenticated documents to be produced in order to carry out transactions.
Why should you choose RoboForex?
RoboForex is an effective, safe, easy, and credible trading platform that can be used to invest in the stock market and other commodities. It is an easy-to-use platform that has good features and 24/7 customer service.