RoboMarkets, a Forex and CFD broker, has unveiled plans to implement significant changes to its European business model by the end of 2024.
RoboMarkets has announced significant changes to its European business model, set to take effect by the end of 2024. The company will shift its focus towards serving stock investors and traders, discontinuing high-risk and leveraged products like Forex and CFDs by early 2025.
RoboMarkets Deutschland GmbH, based in Frankfurt and regulated by BaFin, will become the main hub for retail clients, specializing in stocks, bonds, and ETFs. Meanwhile, the Cyprus-based RoboMarkets Ltd will transition to an institutional broker, ceasing retail services.Ā
This move aims to enhance the companyās technological offerings and better compete in the stock brokerage sector.
Here is what it means for users.
If you are currently trading high-risk, leveraged products like Forex and CFDs, these instruments will no longer be available through RoboMarketsā European entities from early 2025. Users who rely on these assets will need to either transition to other brokers or explore different financial instruments like stocks, bonds, or ETFs.
Retail clients in Europe will now be served by RoboMarkets Deutschland GmbH, which will exclusively offer stocks, bonds, and ETFs. If you’re a stock trader or investor, you will likely benefit from a more specialized and optimized platform tailored to these products, with improved technology and trading conditions.
For institutional or professional traders, RoboMarkets Ltd in Cyprus will shift its focus solely to institutional services. Retail clients who prefer advanced, institutional-level services may no longer have access to these under RoboMarkets.
RoboMarkets is positioning itself to attract more self-directed traders and investors, particularly those interested in stock trading. The enhanced platform and focus on technology improvements could offer better trading tools, competitive pricing, and a more stable environment for users who are comfortable managing their own investments.
RoboMarkets is a European investment company that provides brokerage services to traders and investors. Founded in 2012, the company offers trading in various financial instruments, including, Forex, Stocks, Indices, Commodities, and Cryptocurrencies. It also offers competitive spreads and low commissions as well as fast order execution to its clients.
RoboMarkets is investing heavily in technology to provide superior execution and a seamless user experience for self-directed traders and investors. With the discontinuation of high-risk products like Forex and CFDs, RoboMarkets will concentrate on building a stable, competitive environment for stock investors. The shift to institutional brokerage through its Cyprus entity will also open new growth opportunities in institutional markets. This will position the company for long-term success in the industry.
Want to promote your brand on our page? Contact us.