RoboMarkets launches EU-regulated CFD broker for professional traders in Germany

Rick Steves

“If you’re a frequent trader that can be qualified as professional, there are many more benefits to trading with an EU-regulated broker than trading offshore.”

RoboMarkets Deutschland GMBH, the BaFin-regulated broker registered in Frankfurt am Main, has announced the launch of RoboMarkets Pro, which will start with the provision of its services dedicated only to professional clients.

This is a business-driven decision to satisfy the requirements and demand of German clients and provide them with access to special conditions for some assets, including DE40, stocks, currency pairs, and over 12,000 other instruments to invest in with leverage up to 1:300.

RoboMarkets Pro will focus on working with professional clients who are interested in cooperating with an EU-regulated broker that provides specific products and trading conditions, as well as free swaps until the end of 2022 and many other tools for professional traders.

Professional traders are the most neglected group of clients

Maximilian Felske, General Manager of RoboMarkets Pro, said: “Professional traders are currently the most neglected group of clients in the brokerage business – we are therefore putting extra effort into paying more attention to them and making their trading more comfortable. If you’re a frequent trader that can be qualified as professional, there are many more benefits to trading with an EU-regulated broker than trading offshore.”

“We notice this group of clients has a rising demand for high-leverage products. The company will therefore focus on satisfying this, serving them in the best way – starting from an onboarding process and continuing with specific conditions for the most popular products: CFDs on major indices, major currency pairs, etc. Also, we strongly and categorically believe that for any solid and established brokerage group, it’s much more comfortable to have traders that are active mostly in the EU-regulated entities, rather than traders who are trying to onboard offshore units on their own initiative. Traders also are much more protected and comfortable while trading with the EU-regulated units because of the security, variety of deposit/withdrawal methods, and localised customer support provided”, Maximilian Felske added.

A big percentage of active traders were forced to go offshore amid the new ESMA regulations that came into effect in 2018, with restricted higher leverage values for CFDs.

RoboMarkets believes that some traders moved offshore because they had no other choice, as they did not meet the criteria to be classified as professionals, while others who went offshore had to work much more actively than the EU-regulated ones due to the general trends in the market.

The general recovery of the economy and the rise in asset prices fueled the growth of investor portfolios, which have become comparable to professional ones, thus requiring a new approach to the provision of services. Hence the launch of RoboMarkets Pro.

 

Read this next

Digital Assets

BlockDAG Presale Raises $9.9M as Batch 5 Nears Sell-Out Amid Bonk’s Fluctuating Trading Volume & Spell’s Bullish Price

Explore BONK’s trading volume, SPELL’s market shifts, and why BlockDAG’s 10,000 ROI makes it an ideal crypto for savvy investors in 2024.

Digital Assets

Cathie Wood’s sponsored Bitcoin ETF sees historic $200 million inflows

The ARK 21Shares Bitcoin ETF (ARKB), co-sponsored by Cathie Wood’s ARK Invest, registered historic inflows exceeding $200 million on Wednesday, signaling a robust appetite among investors for Bitcoin-centric investments.

Digital Assets

Sam Bankman-Fried might see his 25-year sentence halved

Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, was sentenced to 25 years in federal prison by a Manhattan court on Thursday. This comes after he was convicted of defrauding customers and investors, with Judge Lewis Kaplan highlighting the potential future risks posed by Bankman-Fried.

Technical Analysis

EURJPY Technical Analysis Report 28 March, 2024

EURJPY currency pair under the bearish pressure after the pair reversed down from the major resistance level 164.25, which also stopped the sharp weekly uptrend at the end of last year,

Digital Assets

BlockDAG’s Presale Hits $9.9M, MultiversX & MINA Price Predictions Show Green

Read about BlockDAG’s promising $10 prediction and insights on MultiversX Price Prediction as MINA’s potential unfolds.

Digital Assets

Rockstar Co-Founder and All-star Line Up Join Advisory Board to Take Metacade into Post Beta Orbit

Metacade, the revolutionary Web3 gaming platform, prepares to streak out of beta with a slew of ground-breaking initiatives that will redefine the way blockchain games are developed.

Retail FX

Prop firm The Funded Trader shuts down, claims relaunch in April

Prop trading firm The Funded Trader has ceased all operations, with claims for a relaunch in the near future.

Digital Assets

Ethereum-Based Tokenized Real Estate Platform USP Launches On Republic

How This Californian Startup Is Revolutionizing Real Estate Investment through Ethereum-Based Tokenization.

Digital Assets

Sui Spikes in Weekly DEX Volume, Joins Top 10 of All Blockchains

March DEX volume on Sui stands at over $2.88B – up more than 49% from February – with decentralized exchange Cetus and wholesale liquidity layer DeepBook leading.

<