RoboMarkets has announced updates to its R StocksTrader platform, with changes designed to enhance the investment experience for clients. Beginning September 2, 2024, the platform will eliminate all order placement fees.

This change means clients will no longer face high minimum commissions for stock purchases. Instead, the costs of order execution will be included in the market spread—the difference between the buying and selling price. The markup on the spread will be capped at 0.3% of the value of stocks and CFDs on stocks.

Expanding Stock List

In addition to removing order fees, RoboMarkets has expanded its stock list significantly. The platform now includes over 150 new instruments.

Among the newly added companies are Reddit Inc., a social network and news website where users can share and rate content; Artiva Biotherapeutics Inc., a biotechnology company specializing in cancer therapy; Asana, Inc., a developer of a work management platform; and Y-mAbs Therapeutics, Inc., a biopharmaceutical company focused on developing antibodies for cancer treatment.

These additions allow clients to diversify their investment portfolios with shares from a broad range of prominent companies.

Trading API Debuts

Furthermore, RoboMarkets is launching a new trading API on the R StocksTrader platform. This API will enable clients to buy and sell using algorithms, connect applications, and create custom services.

It is designed for both retail and institutional participants and supports trading in stocks, CFDs, currencies, and other instruments through a single interface. The API facilitates the development and testing of strategies on both real and demo accounts.

Meanwhile, RoboMarkets has renewed its premium partnership with BMW M Motorsport for the 2024–2025 DTM seasons, as reported by Finance Magnates. Having collaborated since 2019, this extension continues to boost RoboMarkets' brand visibility in the prominent German racing series.