RoboForex starts undergoing monthly certification of order executions quality
Dear Clients and Partners,
RoboForex undergoes certification of order execution quality carried out on a regular basis by the Financial Commission’s partner, Verify My Trade (VMT), thus confirming compliance with high standards that the Commission established for its members.
What is Verify My Trade?
Verify My Trade is a data bank, which is used for post-trading analysis of order execution at different brokers. Based on the results of a vast numbers of brokers, the system creates a reference model for execution. The acquired information helps to draw conclusions of order execution quality at every single certified broker.
How often is the Company audited?
Every month, RoboForex Ltd provides 5,000 anonymized transactions performed by the Company’s clients to compare them with order execution at other brokers. For confirming the current certificate, the audit results have to comply with the average execution numbers in the industry.
Why is it interesting for traders?
Verify My Trade operations are aimed to evaluate brokers from the perspective of order execution quality and provision of information transparency to their clients. The complete information about the date of the latest audit, the number of analyzed quotes, and the results of certification procedure carried out by VMT is available to the public on the Commission’s website.
To view the results of the regular audit procedure at RoboForex Ltd, follow the link.
Quality of order execution by a broker is the key to traders’ successful operations. We pay close attention to keep order execution at our Company at a consistently high level. This can be checked on Prime accounts with the best trading conditions available at the Company, which can match the level of liquidity providers.
Sincerely,
RoboForex team