Tag: RoboMarkets

Business World

RoboMarkets closes trading CFDs on cryptocurrencies

Feb 24, 2021 by Neel Achary 0 Comments #CMO at RoboMarkets, #Cyprus, #Denis Golomedov, #Limassol, #RoboMarkets

Limassol, Cyprus – RoboMarkets, a company providing financial services to European clients, informs that it will no more provide trading services for crypto CFDs. This decision has been made in order to protect the company’s clients from high risks existing in the crypto market.

On March 24th, between 12:00 and 13:00 server time all positions in BTCUSD, BTCEUR, XRPUSD, DSHUSD, LTCUSD, LTCBTC, ETHUSD, ETHBTC, ETHEUR, EOSUSD will be closed by current quotations.

Denis Golomedov, CMO at RoboMarkets comments the decision: “We have claimed repeatedly that our priority is protection of clients’ interests. That is why we have decided to close crypto for our clients. This will help us make the clients’ assets safe from high risks entailed by operations with crypto instruments”.

On January 6th, 2021, the UK Financial Conduct Authority (FCA) officially banned selling to individual clients derivatives and exchange traded notes (ETNs) based on certain types of crypto assets.

“We see that large regulators, such as the FCA, have already made steps to limit access of retail investors to cryptocurrencies and expect other European regulators to do the same in the nearest future. The crypto market is rather toxic and connected to high risks, quite often neglected by retail investors. The growth of the crypto market and the hype around this segment can lead to a serious disturbance among retail investors and brokers in 2021”, adds Denis Golomedov.

About RoboMarkets
RoboMarkets is an investment company with the CySEC license No. 191/13. RoboMarkets offers investment services in many European countries by providing traders, who work on financial markets, with access to its proprietary trading platforms. More detailed information about the company’s products and services can be found at robomarkets.com.

News

Professional Traders Named RoboMarkets Mobile Platform the Best of 2020

Dec 14, 2020 by Rekha Nair 0 Comments #CMO, #Denis Golomedov, #R MobileTrader, #RoboMarkets

Limassol, Cyprus – RoboMarkets, a company providing trading services to clients all over Europe, announces that it has been awarded the “Best Mobile Trading Platform” prize of the “Professional Trader Awards”. Professional traders voted for the winners. Prizes of the “Professional Trader Awards” are given to brokers that provide exclusive services for professional trading accounts. There are 14 nominations singling out companies that have reached impressive results in technologies and innovations, trading conditions and the quality of trade execution, loyalty programs and client support.

On October 5th, 2020, when the nominees in each category were chosen, open voting started. During three weeks, the organizing committee communicated closely with the professional traders’ community via media partners and trade representatives; also, individual market players trading on professional accounts were polled. All traders were asked to vote for the best companies based on their personal experience. This is how the professional traders’ community chose the winners of "Professional Trader Awards 2020".

Denis Golomedov, CMO at RoboMarkets:

“We are happy that this year the professional traders’ community named RoboMarkets mobile trading platform the best one. R MobileTrader is a complete trading platform that lets you not only trade via a smartphone or tablet but also deposit your accounts quickly, analyze the market efficiently, and get support from our RoboMarkets Live team. Also, at the end of the previous year, we launched a mobile version of R Trader. Now traders can check the prices, control their investment portfolios, and make orders via their gadgets faster and easier than ever else.”