FAQs
This message will only appear when entering into a position if you do not have enough free Margin to pay the Initial Margin for the position.
How long does RoboForex withdrawal processing take? ›
Depending on the chosen payment system, you may be asked to specify some additional information on the next page to create a withdrawal application. Please note that withdrawal applications are processed by the Company within two business days from 9:00 AM to 6:00 PM (EET).
How long does RoboForex verification take? ›
The verification is a documentary confirmation of clients' personal information and an essential part of the trading account registration procedure at RoboForex. The verification procedure takes up to 2 business days.
How do I fix not enough money in forex? ›
Why does the "Not enough money" message appear when I try to open a position?
- Deposit funds to your account or transfer them from the other one to increase the amount of free margin.
- Reduce the volume of the position you want to open.
- Close other open positions on your account.
Besides fund insufficiency, here are some of the most common issues behind a card decline: There was a manual error. You've reached your daily purchase limit. Your debit card expired or is inactive.
Why does it say insufficient funds when I have enough? ›
1. If you have recently funded your account, it's possible that the funds did not fully clear into the account when you attempted to make a payment. 2. If you are using overdraft or credit facilities on your account.
Does RoboForex accept US clients? ›
RoboForex Ltd and it affiliates don't work on the territory of the USA, Canada, Japan, Australia, Bonaire, Brazil, Curaçao, East Timor, Indonesia, Iran, Liberia, Saipan, Russia, Sint Eustatius, Tahiti, Turkey, Guinea-Bissau, Micronesia, Northern Mariana Islands, Svalbard and Jan Mayen, South Sudan, Ukraine, Belarus, ...
Is RoboForex legit? ›
RoboForex is licensed and regulated by an offshore regulatory body (the FSC of Belize). It has issued private indemnity insurance and participates in the Financial Commission.
What is the minimum withdrawal amount from RoboForex? ›
For bank transfers, the minimum is set at $500 or its equivalent in Euros. Withdrawals are primarily processed in USD and EUR, though other currencies may be supported depending on your method and location. RoboForex offers a robust and user-friendly platform for trading and withdrawing funds.
Is RoboForex regulated in the USA? ›
RoboForex Ltd is a financial brokerage company regulated by the International Financial Services Commission Belize, license No. 000138/7.
These risks include decrease in liquidity, price change, high volatility and circ*mstances beyond control.
How do I claim 30 dollars on RoboForex? ›
Open a ProCent or Pro account in MT4/MT5 with a USD or EUR base currency. Go to the "Welcome Bonus 30 USD" section in the Members Area. Check that the automatic system for detecting repeated transfers, "Antifraud", has approved your participation in the program. Verify your account.
Why is it saying "not enough money"? ›
You may encounter the error “Not enough money” when opening a trade. This error occurs when a trader attempts to open a trade but does not have enough funds to cover its costs. Let us look at this in more detail: Understanding margin and spread cost.
Why do so many people fail in forex? ›
Lack of Discipline
Successful forex trading requires discipline and adherence to a well-defined trading plan. However, many traders fail to develop or stick to a trading plan. They may deviate from their strategies, chase after quick profits, or make impulsive trades based on short-term market fluctuations.
Why am I losing so much money in forex trading? ›
The reason many forex traders fail is that they are undercapitalized in relation to the size of the trades they make. It is either greed or the prospect of controlling vast amounts of money with only a small amount of capital that coerces forex traders to take on such huge and fragile financial risk.
Why is my account showing insufficient balance? ›
“Insufficient funds” is a bank account status that is also known as non-sufficient funds (NSF). If a transaction draws money from a bank account while the account balance is lower than the amount drawn, the account will thus be in the insufficient funds status.
Why is my card declined if not enough money in the account? ›
Insufficient Funds
You'll avoid declined transactions by keeping enough money in your checking account. Set up low balance alerts with your bank or credit union to notify you when funds run low. Consider linking your checking account to a savings account for overdraft protection to ensure a financial safety net.
Why does my bank account show less money? ›
The available balance for your account may differ from the current balance because of pending transactions that have been presented against the account, but have not yet been processed. Once processed, the transactions are reflected in the current balance and show in the account history.
When you don't have enough money in your account? ›
Your bank may close your account and send you to collections if you're always in overdraft and/or don't bring your account up to date. An overdraft occurs when your account falls below zero. Your bank will let your account become negative if you have overdraft protection but you may face fees.
