RoboForex, the leading retail CFD broker, has made its multi-asset platform R Trader available to its clients based in the Republic of Belarus after being granted permission by the country’s National Forex Center.
Users of the platform can invest through the demo and real accounts with base currencies of USD and EUR, with the minimum first deposit for an initial investment in R Trader being 100 USD or its equivalent in other currencies. Leverage can go up to 1:20 and traders can also choose from the netting or hedging position accounting model for their accounts and join the Affiliate program.
RoboForex’s R Trader offers its investors over 10,000 financial instruments, including base assets on stocks of American, German and Russian companies, foreign currency pairs, stock indices, metals, commodities, and other instruments.
R Trader also provides monitoring of charts, “Level 2 market depth”, add instruments to Watchlists, and place Trailing Stop orders, as well as a free built-in and easy to use Strategy builder, which helps to create, run and backtest investment strategies.
Andrei Dziarnovich, Chief Executive Officer at RoboForex BY, commented: “We’re very pleased to offer our clients one of the best and most advanced investment platforms in the industry. R Trader has both a wide range of investment instruments and enhanced functionality, which allows investors to gain real high-quality experience. First of all, the platform will be interesting to those who invest in stocks, the number of which in the platform exceeds 10,000. The commission is one of the lowest in the market.”
“Also, there are ETFs, Indices, and other assets. A user-friendly interface, high order execution speed, competitive investment conditions – all this might be really interesting to our clients and we hope that they will duly appreciate opportunities R Trader has to offer”, Dziarnovich added.
Roboforex BY has recently joined the Financial Market Development Association (ARFIN), which requires the brokerage firm to comply with the Rules of Market and Professional Conduct, including principles of transparency and fair practice.
The broker house stated that their decision to expand to Belarus was in part due to existing popularity for their products in Belarus and Commonwealth of Independent States which is made up of 10 post-Soviet republics in Eurasia region. The move is also a reaction to ESMA’s recent restrictions on leverage.
The Financial Market Development Association is a non-commercial union of organizations based in the Republic of Belarus founded in 2013 in order to unite companies that operate on the OTC Forex market.
The Belarus affiliate has received a license of the National Bank of the Republic of Belarus in April 2019, which grants the firm an authorization to offer Cent, Standard, ECN, and Affiliate account services to residents of Belarus and other countries. The trading offering includes access to 97 Forex trading instruments, Metals, Commodities, Indices, and CFDs on stocks, which is available through the most popular trading terminal in the world, MetaTrader 4, and now, R Trader.