ROinvesting Review – Who Is ROinvesting Broker?
ROinvesting is an online brokerage service, famous for its good trading conditions and vast offer of tools and services. Broker is owned and run by Royal Forex Ltd it was founded in 2017 in Cyprus.
The Cyprus Securities and Exchange Commission, better known as CySEC has licensed ROinvesting.
Thanks to innovative solutions and trading technologies offered, ROinvesting can enable its clients to trade on various markers without commissions and with a spread from 0.03 pips.
An interested client is able to open an account fast and securely deposit their initial sum to start trading with numerous instruments available.
A welcoming trading environment lets the trader design their own strategy and choose the preferences to their liking.
|Instruments||Forex, commodities, ETFs, crypto, indices, stocks, CFDs|
|EUR/USD Spread||0.7 pips|
|Base Currencies||EUR, USD, GBP|
ROinvesting License and Regulation
First and foremost, what should matter to a broker is their license. Regulated brokers are constantly being supervised in their brokerage activities. Therefore they’re obligated to follow the standards of jurisdictional regulators if they want to keep running a sustainable business.
As a regulated broker, ROinvesting can guarantee the security of clients’ funds, by safely keeping them in a segregated bank account and separated from the firm’s funds. Furthermore, regulated brokerage firms have to provide transparency and disclose relevant info on their background.
Trading Instrument Available
ROinvesting is able to offer traders a secure and fast trading environment. Investors are given the possibility of trading over 350 assets across nearly 10 000 markets. These instruments are divided into several major groups:
- Indices (the world’s most popular indices like FTSE 100 track the 100 largest companies on the London Stock Exchange)
- Forex (ability to trade a vast range of more than 40 currency pairs, with some of the most popular ones like EUR/USD, USD/AUD)
- ETFs (Exchange Traded Funds trading that offers multiple underlying assets)
- Crypto (diverse choice of cryptocurrencies with major ones like Bitcoin and Ethereum included)
- Stocks (trading stocks from the most popular global brands like Facebook, Apple, and Uber)
- Commodities (soft and hard commodities like gold, oil, silver, and coffee)
ROinvesting Account Types
Each of the account types available at ROinvesting is specially designed to fit the needs of every investor, depending on their preference. In accordance with their own trading strategy and trading needs, clients are free to choose their account type between these:
Account types are mostly divided by options they provide for retail or professional clients. While retail customers have the highest leverage of 1:30 available, for professional investors it goes up to 1:500.
All account types have a dedicated account manager, while Gold and Platinum have a swap discount as well. The minimum deposit required in order to start trading is $250.
Clients who are just trying out the platform or are too new to trading to start investing immediately are free to join via a Demo account. This type of account is providing virtual funds that clients are free to experiment with and slowly learn about the entire trading process.
All traders respecting the Sharia laws are able to trade from accounts specialized for their preferences, so ROinvesting is providing an Islamic account, too.
ROinvesting Trading Platform
Trading platforms offered at ROinvesting:
- MetaTrader 4
The biggest plus about WebTrader is being able to access the trading environment from any browser and without downloading. It is entirely built on MT4 so of course, it provides great execution speed and access to various customizable trading options.
MT4 has already established its name and position in the online trading industry. Being extremely reliable and efficient, it allows traders to stay on track with all market fluctuations and design their strategy in accordance. Specially developed trading tools are there to ease up the entire trading process for clients and help them invest smartly and profitably.
The dedicated MT4 mobile app is there for all the traders that prefer moving and trading on the go. With millions of downloads, the highest ratings, and numerous positive reviews, MT4 is surely a state-of-the-art platform worth your time.
Deposits and Withdrawals Methods
A secure depositing process is extremely important for every trader. ROinvesting has managed to offer more than a few ways of funding your account while remaining protective of their client’s crucial info.
Accepted ways of making deposits are PayPal, bank wire transfer, credit/debit cards, and several E-wallets like Skrill, Neteller, etc. It’s essential to mention the fact that this broker does not charge any fees upon depositing. If any charges apply, they do not depend on the broker but on the responsible bank. The minimum deposit amount for retail traders is $250.
Withdrawals are regulated by being processed the same way the deposited money originally came from. However, ROinvestment reveals that fees may be charged if the withdrawal sum is below $100.
Education Available at ROinvesting
To make sure clients have the chance to prepare themselves before becoming a part of the online trading process, ROinvesting has provided learning material. However, this isn’t just meant for traders that are beginners starting from basics, it is also designed for all the experienced traders to expand their existing knowledge.
- Trading articles (articles covering the various subjects on trading from the basic ones to the advanced and more professional aspects)
- Earnings reports season (news and market movements influenced by biggest players on the market and economic events)
- Assets Hub (all major asset groups explained, discussed and with suggested strategies, leverage, spreads, ask and bid prices, etc)
- Trading singlas (on-time trading ideas coming from continuous technical analysis)
- Economic calendar (all the important dates and happenings that have the biggest impact on the assets)
- Trading courses (for any trader type and level of knowledge to expand their experience and become proficient in any trading engagement)
Contacting customer support is possible in several ways. The possibilities for getting in touch with customer services are as mentioned:
- Phone (with phone number provided, customers can make a phone call directly)
- Email ([email protected])
- Online form (filling out the form and describing the problem in detail to get an email response)
- Live chat (direct message to staff about any issue)
Customer service is very responsible and there for whatever issue clients might be facing. Their primary goal is to advise the clients on how to overcome their problems and guide them to a safe and functional trading environment.
ROinvesting Overall Summary
This highly trusted and successful broker, although relatively new to online trading, has already built a reputable image of itself. Licensed and fully regulated, ROinvesting is a broker you can trust and trade safely with, knowing your funds are secured.
With great trading conditions, a reliable trading platform,s and various trading equipment, this broker has made sure that customers can customize and enjoy their trading time.
Depositing and withdrawals and fast and secure, which is provided by using encryption for additional protection. Learning programs are stacked with the knowledge that all traders will find useful, regardless of their education level and familiarity with the market.
Lastly, responsive customer service is cooperative and responsible for solving problems for clients Monday to Sunday, ensuring the customers are able to trade to their liking and content.
So if you are thinking of investing with this broker, our recommendation is to go ahead, as long as they suit your trading expectations.
FAQs About ROinvesting Broker
How Can I Deposit Funds at ROinvesting?
The accepted way of depositing cash at ROinvesting are credit/debit cards, bank wire transfers, and various E-wallets.
What Account Types Do ROinvesting Offer?
ROinvesting includes Silver, Gold, and Platinum accounts for retail traders and professionals, as well as Demo and Islamic accounts.
Does ROinvesting Offer a Demo Account?
Yes, besides the standard account types, a Demo account is also an option when joining ROinvesting.