+357 25 123275
5 000 $
4 Modestou Panteli, office 005, Mesa Geitonia, PC 4003, Limassol, Cyprus
RoboMarkets is owned and operated by the RoboForex Group, which also operates the RoboForex.com brand. Interestingly, RoboMarkets began in 2009 as RoboForex, but was split off from the other site in 2012 in order to serve the European Union trading population. The split was necessary in order to comply with the European Securities and Markets Authority (ESMA) which had created a different set of trading conditions that brokers need to offer their EU based clients.
So, RoboMarkets is specifically for European Union traders, while RoboForex is for traders all across the globe – except those in the EU. That’s also bad for the EU traders who want to use the cTrader client because RoboMarkets doesn’t offer the popular platform, even though its sister company RoboForex does.