How to open a RoboMarkets account
If you are on this page, it means that you are interested in one or several financial instruments and ready to start your career as a trader. No matter what market you decide to choose (Forex, Stocks or any other), the first thing you need to do before you start trading is to register in the Members Area and open a trading account.
Below you can find instructions on how to do this and recommendations to help you decide on basic parameters of your first trading account.
Opportunities offered by Members Area
Account management
Depositing/withdrawal of funds
Access to transaction history
Investments
New instruments learning
What account type do I choose?
The first trading account will be opened automatically when a client registers a Members Area. RoboMarkets also offers 3 account types for working on different financial markets. Choose the account type most suitable for your trading goals.
Prime
Provides access to trading on Forex and other popular assets, such as Stocks, Metals, Oil, and Indices.
Prime Stocks
Created for those who are interested only in the stock market and offers to trade more than 12,000 instruments: Indices, Real stocks, CFD on stocks, Forex and ETF, CFDs on Oil, CFDs on Metals.
Pro
Increased leverage and market access from the most popular platforms for professional traders.
What trading platform do I choose?
If you chose Prime or Pro account, you will have to decide on a suitable trading terminal.
The most popular
- Currently, the most popular trading platform – a lot of educational materials are based on it.
- User-friendly and intuitive interface.
- Operations on Forex market. Trading CFDs on popular stocks without having to install a special terminal intended for the stock market.
- Built-in shop offers a lot of trading robots to buy.
Updated and improved MT4
- Intuitive interface.
- Built-in generator of trading strategies with simplified system to test them.
- Promising development prospects and rapidly growing user community.
What currency do I choose for opening a trading account?
It’s better to start your journey through financial markets with one of the most popular global currencies. When you gain more trading experience, you can choose the currency base account based on your preferences.
USD
The American Dollar is the most wide-spread and popular base currency for trading accounts. Most educational courses and tutorials are intended for the USD-based trading accounts.
EUR
Having an account in EUR is very convenient for the European Union residents. You can always deposit funds and withdraw them without any additional conversions. However, this currency is less common than the USD.
What is the leverage?
The leverage allows you to trade with borrowed funds. The leverage value reflects the ratio between your own money and borrowed funds. For example, the leverage value 1:5 increases the capital available for investing by 5 times.
When operating on Demo accounts, you can choose the leverage value up to 1:30 and assess all opportunities offered by borrowed funds. As for real accounts, beginners aren’t recommended to use the leverage value higher than 1:10.
Have we answered your questions? Great!
So, it means that you’ve decided on proper parameters of your first trading account and are now ready to open it by filling in all fields in the registration form.
Congratulations!
The only thing you need is to download the terminal you chose before and you are ready to explore trading on financial markets!
How do I deposit funds to my account?
Login to your Members Area and go to
- Funds
management - Deposit/Withdarwal
- Deposit funds
Choose the payment system that is convenient for you and perform a transaction.
The operation will be displayed in "My accounts" section of your Members Area and in the trading platform interface.
How much money do I need to start trading?
A minimum first deposit at RoboMarkets is 2,000 EUR (on Pro accounts).
What is the purpose of account verification?
The verification procedure is intended for increasing the protection level of your money and Members Area.
More questions?
FAQ
Answers to the frequently asked questions.
Getting ready for trading
Preliminary steps to be taken by trader brief experience.
Client support
RoboMarkets team is ready to answer your question over the phone, in online chat in "Ask a question" window, or via tickets in your Members Area.
- How to open an account
- Why do I need Members Area?
- What account type do I choose?
- What trading platform do I choose?
- What currency do I choose for opening a trading account?
- What is leverage?
- How do I deposit funds to my account?
- How much money do I need to start trading?
- What is the purpose of account verification?