RoboMarkets Increases Leverage for ECN-Pro Account Users

RoboMarkets, a European broker, announced this Thursday that it had changed the trading conditions on offer for ECN-Pro and Prime account holders until the end of this year.

In particular, the spread values on ECN-Pro accounts are now similar to those available on Prime account, with Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term for ECN-Pro accounts having been increased to 1:500. The maximum leverage allowed is only available for the broker’s professional clients, the statement released today said.

In addition to leverage being increased for ECN-Pro accounts, until the end of 2020, the minimum deposit amount for premium accounts has changed. Specifically, clients can now make a minimum despot of USD 100 instead of USD 5,000, which was previously required. The leverage value available to Professional clients has been increased up to 1:300.

Commenting on the changes, Anton Ivanov, a marketing manager at RoboMarkets, said in the statement: “We’re holding to our course on the improvement of trading conditions. Standing in close relations with our clients, we analyze the statistics and implement new technologies in order to follow our priorities for compliance with the highest quality standards.

“This promotion will allow RoboMarkets clients to take their trading operations to a brand new efficiency level and trade on some of the most competitive trading conditions in the industry throughout the entire year.”

RoboMarkets joins the zero-fee race

Today’s announcement follows on from the broker recently jumping on board the zero-fee wagon. As Finance Magnates reported, the broker launched a new offering where its clients can trade stocks of American companies without fees.

This offering is available through the broker’s R Trader platform, a multi-asset Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term. In particular, the company has launched more than 3,000 stocks of the largest American companies, such as Amazon, Facebook, Netflix, Google, and more.

The conditions of the commission-free trading include no limitations on the maximum number of orders, 1:1 leverage, and no financing fees.