RoboMarkets adds a new account type for trading stocks to clients from Sweden

On March 15, 2023, Cyprus-based retail Forex broker RoboMarkets announced that the ISKs (Investment Savings Accounts) are now available on RoboMarkets.

ISK (Investment Savings Account) is a specific type of account for clients from Sweden offering the chance to trade ETFs and real US stocks with lower commissions.

On an ISK account, traders do not have to manually declare their profits and losses in the tax statement because ISK is flat-taxed. Instead, the capital base for taxation will be pre-printed in the traders tax statement.

What does an ISK offer traders？

Account currencies: USD

1. Available instruments: over 3,000 US Stocks and ETFs

2. Leverage: 1:1

3. Minimum deposit: 500 USD

4. Commission: 0.009 USD per share for deposits from 10,000 USD, 0.025 USD per share for smaller deposits

5. Minimum commission: 0.5 USD per share for deposits from 10,000 USD, 2 USD per share for smaller deposits

6. Platform: R StocksTrader – Web platform, iOS app, Android app.

About RoboMarkets

Established in 2012, RoboMarkets Ltd (ex. RoboForex (CY) Ltd) is a European broker offering investors access to 6 asset classes and over 12,000 trading instruments. In addition, Robomarkets' professional clients have access to a professional trading platform and cutting-edge proprietary technology and are provided with 24/7 service.

As for regulation, Robomarkets Ltd. is currently authorized and regulated by CySEC in Cyprus (license number: 191/13).

Traders can trade 12,000+ instruments across 6 asset classes including Stocks, Indices, Metals, Energy Commodities, Soft Commodities, Forex, and Cryptocurrencies.

WikiFX has given this broker a decent rating of 6.55/10.