A Brief History
ROinvesting Review 2021: ROinvesting is a Cyprus based broker established in 2017, providing robust trading services at low cost. The broker is regulated with a top tier financial body and is a trading name of Royal Forex Ltd. The minimum deposit to start a real account is $100, and the maximum margin provided is 1:30. The trading company is suitable for both beginners and professionals. The firm has won several awards including best CFD trading broker and is also an official sponsor partner of soccer club AC Milan.
Today, we’ll present a ROinvesting broker review having all the details such as account types, customer service, leverage, education, research and much more.
ROinvesting Review: Scam or Safe?
ROinvesting is a regulated broker under the financial body of Cyprus, CySEC (Cyprus Securities & Exchange Commission) with license number 269/15. The financial body ensures that clients’ interest is protected under any circumstance. Further, the brokerage firm is also a member of Investor Compensation Fund (ICF) which insures every trader’s funds up to 20,000 euros in catastrophic cases like bankruptcy.
Negative balance protection is also offered by the broker, which shields every customer from going into debt. Moreover, the IT security provided by the website is robustly protected with the company’s SSL, encryption at every level, and high-end tech system.
ROinvesting Pros and Cons
Advantages
- Free Demo Account
- Low Trading Charge
- Fast & wide range of Deposits
- Multi-language support
Disadvantages
- No 24/7 customer service
- Only CFD offered
- Multi-currency accounts not available
ROinvesting Account Types
The broker provides services through three major account types having different characteristics and benefits. The names of the account kinds are silver, gold, and platinum. Moreover, the site also offers three more account types, i.e. professional, Islamic, and free demo account.
The services provided are different for all, with platinum enjoying the most benefits. Here are some glimpses of the retail trading accounts.
Silver Account
- Hedging
- Amount of FX leverage 1:30
- Fifth decimal
- Dedicated account manager
- Swap discount
- Free VPS
- Customised investment news
- Islamic
Gold Account
- Hedging
- Amount of FX leverage
1:30 (for the retail account)
- Amount of FX leverage 1:400/1:500 (for the professional account)
- Fifth decimal
- Dedicated account manager
- Swap discount 25%
- Free VPS
- Customised investment news
- Islamic
Platinum Account
- Hedging
- Amount of FX leverage
1:30 (for the retail account)
- Amount of FX leverage 1:400/1:500 (for the professional account)
- Fifth decimal
- Dedicated account manager
- Swap discount 50%
- Free VPS
- Customised investment news
- Islamic
ROinvesting Review: Trading Platform
- ROinvesting provides the widely used MetaTrader4 for trading to its clients. Here are some features offered by the platform:
- Multiple chart windows to compare various assets
- Real-time balance level
- Automatic Stop Loss/Take Profit functions
- In-platform price alerts
- 1-click account switching
- Inherent platform support
- Live chat
The platform is available on mobile, web, and desktop versions, thus, entailing all the customers having the benefit of investing anytime, anywhere. Note that the platform is developed by MetaQuotes Software Corporation, which also developed the MT5.
ROinvesting Tradable Assets
There is a wide range of financial instrument available for trading to clients. The assets are from all the market types, including stocks, crypto, commodity, metal, currency pairs, and indices. There is no commission or charge to execute the trade with the broker, and the site solely earns from spreads.
ROinvesting Review: Account Opening
To open an account with the broker, ROinvesting, you need to follow the following steps:
Step 1: Register: The foremost step is to register with the broker by filling all the requested details, which includes personal and financial data both. Apart from the necessary information, the broker might also ask data regarding your income.
Step 2: Upload Documents: The next step is to upload the documents. It would consist of identity cards for verification, documents for address proof, and other things for personal income proof. ROinvesting team members will verify these.
Step 3: Deposit Funds: After all the submission, the client is required to add funds to his account. The executive will send him the credentials for logging into the website. There are many deposit options with no extra charge at all.
Step 4: Trade: Now the time is to start your trading journey. Make sure to do prep part before executing the trade. Use the MT4 to research before placing an order.
ROinvesting Fee
As told, the brokerage firm earns from spreads and has no commission or hidden charges. Some other costs include overnight swap fees, inactivity penalty, and more. Details about the penalties can be seen on the company’s website. There might be some withdrawal charges too if enough trades are executed.
ROinvesting Review: Deposit and Withdraw
There are several methods to add or withdraw funds from ROinvesting account. The payment methods are:
- SafeCharge,
- Neteller,
- Wirecard,
- DECTA,
- Orangepay,
- Trustly,
- Skrill,
- VISA,
- Master Cards,
- Maestro,
- VPay.
Besides, the deposit processing time is instant, and withdrawals transferring time is 3-5 business days.
ROinvesting Leverage
The maximum leverage offered by the trading websites is 1:500. However, the margin varies on many other factors, too, like account and product type. Here are few leverage details about some trading assets for all the account types:
Tradable CFD’s |
Silver Account in points |
Gold Account in points |
Platinum Account in points |
GBPUSD |
28 |
20 |
18 |
EURUSD |
28 |
20 |
18 |
USDJPY |
28 |
20 |
18 |
XAGUSD |
80 |
70 |
60 |
XAUUSD |
80 |
70 |
60 |
3M |
80 |
73 |
68 |
ADOBE |
80 |
73 |
68 |
AIG |
80 |
73 |
68 |
BRNT – Date |
80 |
70 |
60 |
RBOB – Date |
80 |
70 |
60 |
COCOA – Date |
80 |
70 |
60 |
COFFE – Date |
80 |
70 |
60 |
COPP – Date |
80 |
70 |
60 |
CORN – Date |
80 |
70 |
60 |
DOW – Date |
250 |
200 |
200 |
DAX – Date |
250 |
200 |
200 |
NSDQ – Date |
250 |
200 |
200 |
ROinvesting Research
ROinvesting research portal is useful to the users in making better decisions. The tools available are the earnings calendar, economic calendar, news sentiment, etc.
ROinvesting Review: Customer Service
ROinvesting customer support was able to provide satisfactory services, i.e. at par with other brokers. The response time was not even one minute, with executives answering all the queries patiently and rationally. All the assistants were intelligent as well as polite with clients. The broker can be connected via the following ways:
- Telephone: +80050026003
- Email: support@roinvesting.com
- Post Address: City Home 81, 3rd floor, 128-130 Limassol Avenue, 2015 Strovolos, Nicosia, Cyprus
- Live Chat Support: To immediately solve some questions and answers.
ROinvesting Education
The education page of ROinvesting broker would aid the clients in enhancing their knowledge & skill set. The material includes videos, E-books, articles, guides, courses, and many more other crucial learning content
Bottom Line
Overall, the broker is safe to trade and can be trusted for investment purpose. The available markets are shares, commodities, metals, indices, and many more industries. Note that the broker offers three different kinds of retail trading accounts and one Islamic, one demo, and one professional account too. All these are dedicated to a different level of traders.
In total, the broker is useful for beginners as well as professional investors. Novice traders can go for silver kind, and professionals can opt for the platinum account type. And, a little confused one can choose a free demo account.
Costs & Fees
5
ROinvesting Fee
As told, the brokerage firm earns from spreads and has no commission or hidden charges. Some other costs include overnight swap fees, inactivity penalty, and more. Details about the penalties can be seen on the company’s website. There might be some withdrawal charges too if enough trades are executed.
ROinvesting Education
Education page of ROinvesting brokers would aid the clients in enhancing their knowledge & skill set. The material includes videos, E-books, articles, guides, courses, and many more other crucial learning content
ROinvesting Leverage
The maximum leverage offered by the trading websites is 1:500. However, the margin varies on many other factors, too, like account and product type.
ROinvesting Customer Service
ROinvesting customer support was able to provide satisfactory services, i.e. at par with other brokers. The response time was not even one minute, with executives answering all the queries patiently and rationally. All the assistants were intelligent as well as polite with clients. The broker can be connected via the following ways:
- Telephone: +80050026003
- Email: support@roinvesting.com
- Post Address: City Home 81, 3rd floor, 128-130 Limassol Avenue, 2015 Strovolos, Nicosia, Cyprus
- Live Chat Support: To immediately solve some questions and answers.
Theo
lewis
Greg Conner
Bogart
Nigel
Logan
mario alex
Jane Winters
Tobias Glen