One of the primary considerations for traders when choosing a broker is the amount of leverage offered. With leverage, traders can move more considerable funds than their original capital amount. Understanding this, RoboForex announced increasing leverage.
This broker providing forex trading services, founded in 2008, explains that Clients can enjoy the leverage of 1:2000 through the MetaTrader 4 and 5 platforms. All traders registered with Roboforex can enjoy increased leverage in various accounts, including FixCent Account, Fix-Standard, Pro-Cent, and Pro-Standard, as well as Copy FX accounts.
To use 1:2000 leverage, traders must ensure that the Equity on their account does not exceed 5,000 USD. If the Equity on the trading account with increased leverage exceeds this amount, the leverage will automatically be reduced to 1:1000. Also note that this account change does not apply to trading from Friday 1:00 am (EET) to Saturday 01:00 am (EET)
Besides Increasing Leverage, There Is a Profit Share Bonus
The announcement regarding the increase in leverage was also accompanied by a promotion entitled Profit Share Bonus. With this promotion, traders can benefit from up to 50% of the deposited amount.
The amount of the bonus value obtained by the trader will be calculated proportionally, depending on the specified number of trades. Traders can also cancel according to the applicable terms so that when withdrawing and canceling the bonus, the deposit funds will not be used to replace the bonus amount.
For more detailed information about RoboForex and its features, visit the official page here.
Roboforex is a broker that has been established for ten years and is under broker regulation from CySEC. Thanks to its regulated status by CySEC, Roboforex is also registered as an investment company with legal status in 29 other European countries, including Germany and the UK. Trading at Roboforex is even more convenient through the MetaTrader 4, MetaTrader 5, webtrader, and cTrader platforms.