GENERAL INFORMATION | |
---|---|
Broker Name: | ROINVESTING |
Broker Type: | forex |
Country: | Cyprus |
Operating since year: | 2017 |
Regulation: | CySEC |
Address: | City home #81, 3rd floor, 128-130 Limassol Avenue, 2015 Strovolos, Nicosia, Cyprus. |
Broker status: | Regulated |
Customer Service | |
Phone: | +80050026003 |
Email: | support@roinvesting.com |
Languages: | English, Italian, Russian, Polish, German, Spanish, Portuguese, Lithuanian, Dutch. |
Availability: | Monday to Sunday 07:00-17:00 GMT |
Trading | |
Trading platforms: | WebTrader, MT4, MobileTrader |
Demo account: | YES |
Mobile trading: | YES |
Web-based trading: | YES |
Bonuses: | N/A |
Account | |
Minimum deposit ($) | $250 |
Maximal leverage: | 1:500 |
Spread: | 2 PIP |
Scalping allowed: | N/A |
ROINVESTING REVIEW CONTENT
ROINVESTING is an online CFD and forex broker. It is located in Nicosia, Cyprus.
The brand has been operating since 2017. Thus, the broker offers up to 300 trading instruments, stock shares, commodities, crypto assets, and indices.
ROINVESTING offers MetaTrader mobile and desktop platforms. ROINVESTING states that it uses third-party execution venues to execute clients’ orders. The company’s execution venue is OBR Investments.
ROINVESTING Customer Support team is active and very helpful. The Support available Monday to Sunday from 07:00-17:00 GMT.
CySEC has licensed the broker, and it adheres to strict regulations designated to ensure the clients’ protection.
ROINVESTING is the trading name of Royal Forex Ltd, which is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license no. 269/15. The broker ensures investor protection in the form of clients’ fund segregation. This type of encryption technology ensures that transmitted data will not get lost or stolen from its website and payment channels. The use of firewalls and SSL (secured socket layers) are used to protect all transactions to and from the data servers.
Also, the broker is a member of the Investors Compensation Fund for clients of Cyprus Investment Firms. In the case that ROINVESTING goes bankrupt, ICF will pay the retail clients of ROINVESTING compensation.
ROINVESTING offers three account types. However, there is one thing one should remember. Accounts are available only in USD, EUR, and British Pounds.
The Silver Account provides its clients with the highest spreads on the EUR/USD coming in 28 points. Also, the maximum leverage is 1:200, which is only offered on forex pairs. However, there are no swap discounts. Also, Silver account holders will have a new alert option.
The Gold Account offers premium services and the lowest spreads of the EUR/USD’s spread coming in at 20 points. This type of account also offers a swap discount of 25%. Also, the maximum leverage for professional traders on forex pairs is 1:400. In addition, The Platinum Account offers EUR/USD spread on 18 points. Also, it provides news alerts, webinars, a swap discount of 50%, and a dedicated account manager.
Moreover, the accounts provide a variety of spreads and other exciting services. Demo accounts are available, and Islamic accounts can be opened on request. However, these types of accounts are designed for Muslim traders who want to trade swap-free. It is possible for all three account types.
Please, take into consideration the fact that 86% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you can afford to take the high risk of losing your money.
The demo account is easy to create from the clients’ area. Besides, the only thing that needs to be done is to fill the registration form and prove some legal documents. Thus, this practice account is great for practicing, learning the trading process, and working on a unique strategy. Also, the demo account expires after two weeks.
However, ROINVESTING does not offer its services to clients from Syria, North Korea, Cuba, Sudan, Iran, Australia, Canada, and the USA.
The broker follows international anti-money laundering rules. Thus, third-party deposits are not allowed.
ROINVESTING accepts the following payment methods: Mastercard, Visa Card, Carta Si, Neteller, Postepay, Dankort, iDeal, Skrill, Klarna, Rapid Transfer, Nordea Solo, Giropay, Przelewy 24, SEPA, EPS, MuchBetter, and Trustly.
Usually, withdrawals occur using the same transfer method initially used for the deposit. Withdrawal requests are processed on the same day. Also, withdrawals that are less than €100 will incur additional charges.
Here are the ROINVESTING’s payment methods.
Additionally, Roinvesting has implemented industry-standard security procedures. The broker ensures that all deposits are processed and credited to the trader’s account. Moreover, no losses of funds are reported by any client of this broker.
The MetaTrader4 is the only desktop platform that Roinvesting offers. The broker offers the MT4 WebTrader version, which runs on a web browser. Thus, no installation or download is required. Also, the program is compatible with all operating systems if web browser applications are installed on the computer. Thus, the system is perfect for monitoring trades or market checking in a public computer or an external device.
ROINVESTING’s MT4 is user-friendly and simple. Here are some of its features:
ROINVESTING offers proprietary mobile app trading. Moreover, these can be downloaded and installed from the Apple iOS Store and the Google Play store. Thus, the apps can be downloaded from the respective app stores.
ROI’s proprietary mobile trading app presents to its clients a variety of tools and options. It is available for Android and iOS mobile devices. Additionally, the app is integrated with the clients’ area of the website. Also, it is user-friendly; the interface is simple to use and easy to operate.
Here are some of the features the ROINVESTING app offers:
ROINVESTING brokerage offers clients the traders’ trends and the economic calendar. However, these features are more beneficial for beginner traders than advanced traders.
This trading tool shows the percentage of traders who are buying or selling an asset.
ROINVESTING offers a Speedy server that eliminates any network fluctuations. However, only Platinum account holders can use it.
These are essential tools for fundamental analysis and is very important in trading. Also, this schedule shows the exact dates and times of economic and financial news in different countries worldwide. In addition, ROINVESTING clients can choose to trade from the economic calendar.
ROINVESTING offers up to 300 trading instruments. Moreover, the spreads are generally low on the high-end account types. However, they are quite high on the primary account types.
ROINVESTING has no promotions, gifts, or contests, that could encourage traders to trade. After all, European regulatory systems prohibit these types of actions.
ROINVESTING‘s support operates Monday to Sunday from 07:00 – 17:00 GMT.
You can contact the broker via:
It is easy to reach them through email, phone, web-chat, and web form.
ROINVESTING offers only one facility for research, even though the daily review comes up on the website every weekday.
The company offers a compilation of videos that broadcast financial news headlines. ROINVESTING broadcasts them from a professional news studio. The videos are usually less than two minutes.
ROINVESTING’s educational material offers a lot of new learning materials for its clients. The education center comprises webinars, articles, tutorials, eBooks, and online courses.
ROINVESTING’s webinars have their schedule and update traders on strategies, opportunities, and insights on the forex/CFD market.
ROINVESTING provides its clients with 22 training videos, which have their categories.
ROINVESTING offers traders a 50-page book introducing forex trading to beginners and a 94-page online interactive book teaching Forex principles and advanced techniques. As a result, there are over 60 articles discussing terminologies, different assets, markets, investment ideas, and trading strategies.
ROINVESTING has four groups of video lessons. Here is a brief list of classified lessons:
1. The beginners’ course consists of four main videos. The videos introduce the forex market, types of orders, basic terms used, and so much more.
2. The trading tools section has six videos on capital management, analysis, and trading psychology.
3. Up to 10 videos that teach trading strategies in CFD and forex trading. Most of the procedures are based on technical analysis.
These are MT4 platform tutorials, that consist of 5 videos on the MetaTrader4 desktop application. In addition, six videos are teaching how to use the MT4 mobile app.
The ROINVESTING brokerage is suitable for beginner traders and maybe a handful of intermediate-level traders. However, no one forbids advanced traders from using the broker’s trading system. Furthermore, the ROINVESTING made sure and created a platform that everyone could enjoy. Thus, the MT4 trading platform is the perfect platform for all traders.
The ROINVESTING brokerage is entirely new in the industry. However, the broker is going strong and has chosen a promising development path.
Here we can summarize the advantages of trading with ROINVESTING :
In summary, ROINVESTING is an upcoming broker who is still on the path to breaking into the market and has to effect some improvements to be able to compete with other established CySEC-regulated brands.
86% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you can afford to take the high risk of losing your money. Before trading, please consider the entire ROINVESTING review. Make sure to find additional information on the broker. Have fun and good luck with trading!
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