Automated forex and CFD broker RoboForex announced it has made several changes and upgrades to its stock trading platform Umstel. Those include change of some trading conditions and expansion of the instrument offering and order options.
According to the announcement, RoboForex has increased the maximum position volume has to up to 2 000 stocks. The leverage for low-liquid instruments has been risen to up to 1:2 and the commission per stock has been increased up to 0.02 cents. The maximum commission remains unchanged.
Additionally, RoboForex has expanded its stock portfolio of over 8400 stocks, indices and ETFs on Bonds, Commodities, Markets by adding CFDs on indices and more than 200 stocks, including DAX, UK100, Snapchat, and others.
The broker has also added options for order management after and before trading sessions. They allow clients to place and modify Take Profit, Stop Loss, Limit, and Stop even when the market is closed, and they will be executed after the trading session starts. There are also tooltip balloons on the chart icons and trading from charts: Placing and managing pending orders; Managing Take Profit and Stop Loss; Displaying positions and profit and loss reports (PnL).
RoboForex offers more than 8,400 stock trading instruments at a minimum deposit of $100 and leverage of up to 20:1. The minimum commission on (stocks and ETFs) is 0.015 USD per stock and the minimum order size is 1 stock.