ROinvesting Review
What is ROinvesting?
ROInvesting, a Cyprus-based broker, was established in 2017. It offers a variety of trading opportunities on many trading markets, including Forex, Cryptocurrencies and Stocks. Spreads starting at 0.03 pip (Find 0 pip spread forex brokerages by link).
ROInvestment is also one of the trading names that Royal Forex Ltd uses. They also operate brands GMO Trading, Royal Forex and Royal Forex. These are very popular trading names.
ROInvesting is focused on cutting-edge technology solutions and strong trading performance. This is made possible by high-tech analysis toolswhich also ensures reliable customer service. ROinvesting adheres not only to the law but also to safe transactions.
You're trading with someone you trust and will treat fairly. This is crucial as most offshore brokers cannot provide reasonable trustability, which is why we recommend avoiding them. We will also review ROinvesting to help you decide if this broker is right for you.
Broker: ROinvesting
Minimum deposit: 100 US$
Leverage: 1:30
Regulator: CySEC
Year: 2017
Platforms: MT4, WebTrader
HQ: Cyprus
ROinvesting Licenses:
Royal Forex Ltd. - CySEC (Cyprus), registration no. 269/15
Overview
Roinvesting is easy to open an account, has good platforms and an analytic section. The fees and spreads for Currencies are very competitive.
The Commodities fee may be too high for first-grade accounts with silver instruments. There is also no 24/7 support.
Pros
Wide range of tools & resources
Mobile & web trading
350+ tradable assets
Transparent pricing
CySEC regulated
Cons
UK traders not accepted
Withdrawal fees may apply
Rating of the company overall
Reliability ⭐⭐⭐⭐
Platform ⭐⭐⭐⭐
Commissions ⭐⭐⭐⭐
Support ⭐⭐⭐⭐⭐
Financial instruments ⭐⭐⭐⭐⭐
RATING: 4.5
Specifications
Awards
ROinvesting, a relatively new trading brand has already received some of the most prestigious awards and is recognized as a leading brokerage firm. It has received a number of prestigious titles, among others.
Best CFD Broker Europe 2020
ROinvesting, an official CFD Partner for AC Milan,also shares the quality of some of the best footballers and has the same mentality as the most sophisticated financial arena players.
Is ROinvesting a scam or safe?
ROinvesting can be considered safe as it is regulated under CySEC.
Is ROinvesting legal?
Royal Forex Ltd, a Cyprus-based financial investment company, uses ROinvesting as a trading name. The license issued by CySEC confirms its legal status. (Read FXPrimus review by CySEC link to see the other CySEC Regulated Broker FXPrimus review). This license also aligns with European ESMA directive and MiFID directive, allowing the provision of legit trading services within Cyprus and EEA cross border services to members. You can check the ROinvesting license.
What can you do to be protected?
A regulated broker is one that the authority constantly monitors. Before the broker is granted a license, it was thoroughly checked. It also submitted a proposal that included safety measures that are reported and audited daily. These regulatory steps are intended to protect clients first. They make it nearly impossible for brokers to mislead trading accounts or provide false data,which is what the Forex trading license is designed to accomplish.
ROinvesting must follow strict money management guidelines. ROinvesting must keep the money of investors separate from its own funds. ROinvesting must use segregated accounts.
There is also a coverage for client funds in the event of a broker going bankrupt or facing other unlikely circumstances. Finally, clients can request the support of the regulatory bodies in case of any misunderstandings or breaches of rules. This ensures that you are not left out of the decision making process.
Leverage
The broker will give you leverage, which allows you to trade with greater market exposure than your initial balance. The ratio of leverage levels is usually presented in terms of a percentage. Retail traders can be exposed to high risk if they don't know how to use tools well.
Due to the potential risks involved, recent regulatory updates by the European regulators, CySEC, and CySEC have lowered the maximum leverage levels for retail account holders. However, professionals may request ratios as high as 1:200 once their status has been confirmed.
Leverage of Forex instruments and Currency Pairs is limited to 1:30
CFDs on Stocks and Indices up to 1:5 according the instrument conditions
Commodity CFDs offer up to 10.0
Types of accounts
To get started and familiarize yourself with the ROinvesting platform conditions, sign up for Free Demo account. You can also select the appropriate Live account conditions from this offering.
ROinvesting offers three types of account : Silver Account, Platinum Account and Gold Account . Each type is specifically designed to provide the best offer for traders of smaller sizes. The first-grade account offers the same service and an option to change to Islamic account conditions for traders who follow Sharia laws.
If you increase your account capital, your Gold account will offer a dedicated account manager and a discount for swaps. Platinum accounts will offer additional services such as free VPS usage and custom investment conditions.
ROinvesting also offers professional traders the opportunity to get started with three simple stepsof register, deposit, and immediate start. Each step comes with fully customized solutions that are tailored to your needs.
This guide will show you how to open a new account.
1. Sign in to ROinvesting
2. Register your personal data (Name, email, phone etc.)
3. Confirm access via your email, and confirm your details using Documents
4. Instantly access the practice account
5. Make your first deposit, and choose the account type you prefer
6. Trade immediately
Fees
Roinvesting is a broker that trades CFDs proposals. The main fee consists of a spread, or a difference between Ask and Bid price.But always keep in mind that overnight charges or swaps for positions lasting more than one day are also considered fees. A currency conversion is also available and can be adjusted as long as the account base currency differs from the one you trade.
Trade Instruments
ROInvesting offers six types of instruments that are based CFDs: Futures, Index Futures, Index Shares and Virtual Currencies. ROinvesting also offers trading in cryptocurrencies such as Ripple, Etherium and Bitcoin. All in all, ROinvesting is a great broker to trade CFDs. However, it's important that you fully understand the basics of CFDs.
Spreads
Spreads and reinvesting fees are very competitive for Currencies, but Commodities may be a little high for first-grade Silver accounts. However, the spread and swaps will be discounted at 25% and 50%, respectively, which is a pretty pleasant fee structure.
The EURUSD pair has a Silver account spread of 28 pips, Gold Account 20 pips and Platinum 18 pips respectively. Also the professional client account offers different fee structures, while the Silver account suggests 25 points for the EURUSD pair. You may also see examples of other brokers.
You may also compare Roinvesting fees to its peer BDSwiss.
Deposits and withdrawals
When choosing a broker to trade with, you must also consider the money transfer and transparency of the process. You should be aware that different countries have different rules regarding money transfers and payment methods. Therefore, you should always speak with customer service.
Deposit Methods
ROinvesting eventually offers a wide variety of deposit options that support popular PayPal as well as cards and wire transfers. These are the most common deposit options:
Debit and Credit Cards
Wire Transfer
E-payments Skrill, Neteller, SafeCharge, DECTA, payvision, INPAY, Trustly, PayPal, Paysafe etc.
What is the minimum investment for ROinvesting?
Minimum deposit for ROinvesting is $100,higher grade accounts or professional accounts will need higher amounts to start. Roinvesting also offers free deposits (Read more about Alpari minimum deposit).
However, you should verify the terms of deposit fees depending on the method of payment as well as the currency used to fund your trading account. You may need to pay a currency conversion fee, or a deposit charge according to your jurisdiction.
ROinvesting Minimum Deposit vs Other Brokers
Roinvesting allows you to withdraw funds.
Yes. You can withdraw money from your ROinvesting account. To request a withdrawal, visit your account area. Most brokers will process withdrawals in 2-3 days. However, your payment provider may take longer to process transactions. The withdrawal options available for deposits are as broad as those available for withdrawals, and include a wide range of ewallets.
Trade Platforms
You can choose between WebTrader and a popular software for trading, or you can use ROinvestment to perform transactions.
Web Platform
Web Platform's greatest advantage is its ability to be accessed via any browser on any device.
Web Platform is a simplified version of the HTML platform that simplifies the trading process.has all the tools needed for basic analysis, viewing, charting, and charting, but does not have the advanced features available in the desktop version.
Take a look and feel
The trading platform was easy to use and had a clear view of both the market and trading performance. Charting is a very well-regarded feature at MT4 and offers great monitoring capabilities. It also allows intuitive surfing, which is great for beginners.
Desktop platform
MetaTrader4 desktop platform can be downloaded and installed on any device, including MAC and PC. You can customize and protect your working layout with MT4's specification and installation. The desktop version, which is packed with advanced tools and no restrictions on the strategies, is an excellent feature for active traders.
Auto trading is possible. You can set up robots using known MT4 EAs. Also, you can view fees reports and adjust all parameters.
Mobile Trading Platform
ROinvesting also includes a great trading app that allows you to trade on the move. Easy to use apps for iPhone and Android. This app, which is also based upon the MT4 engine, allows you to choose between different chart styles and types, analyze tools, and news feed.
Customer Support
ROinvesting customer support services are a great example of a client-oriented broker. We would also say that it is sustainable. Support teams are available Monday through Sunday, from 7-17 GMT. This is quite common for brokers.
You can contact the customer service center via email, phone lines or live chat.
Education
ROinvesting has taken great care in creating its education materials. It also runs a Learning Center that is appropriate for beginners. This is essential to help them get on the right path to trading. Good quality materials will be available to both professionals and veterans in trading.
You can find a variety of materials, including Webinars. Courses, Tutorials. Videos. eBooks. The education is of good quality. Beginners will find it easy to grasp information, while advanced traders will be able to access quality data.
Research
The Expiration, Earnings and Economic Calendar are all available as tools for research and analysis. The trading platform includes a News Feed and Trading Signals that are provided free of charge by a signal centre.
ROinvesting MT4 also contains powerful research tools that you can use to your advantage. You may also create an automated strategy, follow successful traders, and all this will help you bring your trading abilities up to a sustainable and flexible level.
Conclusion
Finalizing ROinvesting Review: A broker must present a balanced proposal to trade markets. This includes developed technology and an allowance for popular markets. All available via industry-popular MetaTrader4 (also check MetaTrader 5).
Some traders may find it limiting that ROinvesting instruments are all based on CFD trading models. As long as the trading volume increases, the broker will support beginning traders as well as professionals.