ROInvesting Review 2023
Overview
ROinvesting was established in 2017, and it is a well-known Cyprus-based online trading broker. It offers several trading opportunities on many trading instruments such as cryptocurrencies, Forex, CFDs, stocks, and it does not ask for any commission charges. ROinvesting is one of the most popular brokers that offer CFDs and Forex offerings; it offers more than 35 spot Forex, including minors, majors, and exotics. Some of the well-known popular Forex pairs from this broker includes USD/GBP, USD/AUD, USD/EUR. This broker is considered the best choice for new and experienced traders.
ROinvesting Reviews – Overview of Platform
What is ROinvesting?
ROinvesting is a Cyprus-based broker, and it addresses several important issues about regulatory compliance. It has a license from one of the major regulators, CYSEC. Besides, this broker has won several awards for its dedicated customer service offered to its traders.
ROinvesting is one of the most preferred choices by traders, whether they are beginner, intermediate, or advanced. It offers several outstanding features for advanced traders to try out various tools offered by the website. Moreover, it also offers the latest market trends to the traders, who do not want to miss out on the opportunity of profitable trades.
ROinvesting provides a wide choice of CFDs, cryptocurrency pairs, and different trading instruments. It also provides several educational materials, provides education to traders, and hosts webinars to their customers and helps them learn about trading.
Features & Functionality
- Authenticity – 90%
- Reputation – 92%
- User testimonials – 90%
- Ease of use – 92%
- Security – 95%
- Profitability – 90%
- Performance – 90%
- Application – 89%
- Quick withdrawals – 92%
- Customer service – 88%
Pros and Cons
Pros
- This broker is regulated as per European ESMA standards
- It offers a wide choice of trading instruments such as CFDs and Forex
- This broker is Cyprus based and it is regulated by CYSEC
- This trading platform is best suited for new and experienced traders
- It offers Metatrader 4 for its traders
- It provides negative balance protection
Cons
- This broker does not offer multi-currency accounts
- ROinvesting is not listed on any of the stock exchange
ROinvesting Features
Let us discuss some of the features of ROinvesting –
- This platform offers a simple and easy-to-use website, where the traders find it easy to navigate. The traders can select from several instruments on the website; they can open an account easily to start trading.
- ROinvesting is a well-known Forex and CFDs broker. These brokers offer more than 35 spot Forex, which includes major, exotics, and minors assets that the trader can choose as per their convenience.
- This website offers several reports on big organizations such as Netflix, Walmart, or eBay, and they are offered in detail along with their present reports. By doing this, the traders can get insights about the companies’ performance and use it to analyze and arrive at better trading decisions on the assets.
- ROinvesting offers an economic calendar that shows data publications, financial announcements, and the present news which might affect the economy and price movements about the various underlying assets.
- This broker offers several categories for trading that are based on CFDs fees, which include futures, Forex, indices, virtual currencies, shares, and several more. Also, it offers some of the most popular cryptocurrencies, such as Bitcoin, Ripple, Ethereum, and several more.
- As per the review, this broker offers a demo account that is free of charge. It can be used for 14 days, and it also allows the user to trade in various markets. As per our ROinvesting review, when compared to other brokers who offer unlimited demo accounts, this is a constricting factor.
- Regarding the security part, this broker has the latest security measures installed in places like firewalls and SSL (secure sockets layer) software, which protects the trader’s data. Moreover, ROinvesting trading servers can be located within SAS 70 certified data centers and their transactions are offered under level 1 PCI compliance services.
- As per the review, the ROinvesting investing platform traders can access global markets by using a mobile app, and it can be downloaded from the Google play store or Apple app store. This feature helps them to access their trading account even when they are traveling.
Risk disclosure – CFDs are complex instruments and come with a high risk of losing money rapidly because of leverage. 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take a high risk of losing your money.
Security
As per our ROinvesting review, it offers tight security to protect the trader’s funds, assets, and privacy of every trader. Additionally, the funds are segregated from their accounts, and they are deposited in reputable international banks. It uses the latest software and hardware to protect the trader’s data and follows strict firewall rules and employs SSL technology to protect the data during transmission.
Is ROinvesting Legit?
As per ROinvesting review, it is considered one of the safest platforms where traders can store and trade on the website. It is highly regulated and complies with various safety and security regulations set by the regulatory bodies, which means this company cannot utilize the trader’s funds for any other expenses. All the data from this website are highly encrypted, and as already mentioned, it has strict security measures in place. The platform has never been prone to cyber attack, which shows its reputation for reliability and safety.
Risk disclosure – CFDs are complex instruments and come with a high risk of losing money rapidly because of leverage. 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take a high risk of losing your money.
Awards
The ROinvesting trading platform has won several reputable awards, and it has been recognized as a well-known progressive brokerage firm. Some of the reputable awards received by this broker are, “Best CFD broker Europe 2020” and several more. Additionally, ROinvesting is the official CFD partner of AC Milan, which has exceptional footballers in their team.
ROinvesting Reviews – Awards Received
ROinvesting AC Milan
ROinvesting brokers associate itself with one of the most popular and oldest soccer clubs, AC Milan club. This club has a history of providing the most exceptional talents in football. ROinvesting association with the Italian soccer club identifies itself with a trading technique. It is termed as an official partner that takes responsibility seriously.
Trading Platforms
Let us discuss the trading platforms offered by ROinvesting –
- Webtrader
As per the review, this broker offers a trading platform which can be accessed directly through a browser. It offers the possibilities and analysis of various financial markets, explores several trading options, execution of transactions, and portfolio diversification, with just a click. The platform’s user interface helps the traders set various trading strategies, define open and exit points, and perform the same functions as the Metatrader 4 platform.
- MetaTrader 4
Metatrader 4 software should be downloaded and installed in the system. The traders of the ROinvesting platform can access it from the desktop, laptop, or PC. Just like a web trader platform, the trader can open and exit trades, set stop-loss limits, perform technical analysis, and several more. Moreover, all the data are highly encrypted, and the platform makes trading easy and fast.
- Mobile App
ROinvesting offers a mobile app that is available for Android and IOS devices and is powered by the latest technology. The trader can use them on their smartphone or on their tablet and can access all the features and functions. This app is available in 9-time frames; also offers news about trading conditions, stop loss, push notifications, and online chat.
ROinvesting Reviews – Mobile Platform
Advantages
As per ROinvesting review, they are under the Royal Forex Ltd, a Cyprus-based broker. Let us discuss some of the advantages offered by this platform –
- By using the ROinvesting brokers, the trader can have access to MetaTrader 4 as well as a web trader, when they open an account with these brokers. This broker has won several awards that tell about the security features offered by the broker.
- By using the ROinvesting mobile trading app, the trader can trade on the go, anywhere around the world. This makes sure that they are constantly connected even when they are traveling.
- This platform offers detailed trading insights and the latest reports of different organizations, which helps the trader make informed decisions and maximize their profits.
- The ROinvesting trading platform provides an affiliate program which offers two plans for revenue. Some of the benefits of the affiliate program are precise tracking and high conversion rate. By offering the affiliate program, it provides unique commission plans and other benefits to its members.
- This website offers several educational resources like videos on demand, tutorials, webinars, articles, courses, ebooks, and several more. This provides the trader with a better understanding of trading, trading markets, and to make successful trades.
- ROinvesting offers a wide range of trading instruments for the user to trade. It offers instruments like CFDs, stocks, forex, oil, commodity, metals, gold, and several more to trade on the platform.
Why should you use the ROinvesting Platform?
- ROinvesting offers a wide range of educational resources via articles, courses, video on demand, and webinars. Even though it offers limited insights about market research and live trading analysis, it does provide access to trading signals, which are very helpful to the trader.
- As per the review, this trading platform is authorized and regulated by the Cyprus securities and exchange commission (CySEC) under the name of Royal Forex Ltd. It is a CFD partner of AC Milan. This website offers commission-free trades on a wide range of CFD instruments such as Forex, stocks, cryptocurrencies, indices, ETFs, metals, and commodities.
- It offers a well-known trading platform Metatrader 4, for web, desktop, and mobile. It also offers different types of accounts to the traders as per their skills and experience and offers Islamic swap-free accounts.
Risk disclosure – CFDs are complex instruments and come with a high risk of losing money rapidly because of leverage. 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take a high risk of losing your money.
Trading Assets
As per our ROinvesting review, these brokers offer over 350 trading assets, and the trader can trade in various international markets like stock, CFDs, Indices, Forex, precious metals, and several more. Besides, the trader can choose from more than 100 different stocks that are offered globally. By using the ROinvesting trading platform, traders can trade in minor, major, international currencies. This broker offers a wide range of major cryptocurrencies and the trader can select some of the most popular cryptocurrencies such as Bitcoin, Ripple Litecoin, and Ethereum to trade.
ROinvesting Reviews – Trading Instruments
Is ROinvesting Reliable?
ROinvesting offers several innovative technology solutions and its trading performance is based on the latest technical analysis tools, which ensure powerful trading performance, with dedicated customer service. This broker adheres to the regulatory authorities’ standards and regulations and adheres to required registrations and safer transactions. This shows the trading platform is trustworthy.
Deposit Methods
ROinvesting provides a wide range of deposit options like Paypal, wire transfers, credit, or debit cards. Below given are the few options for the deposits offered by this broker-
- Wire transfer
- Debit and credit card
- E-payments – Skrill, Neteller
- SafeCharge
- payvision
- INPAY
- Trustly
- PayPal
- Paysafe
How to Open a ROinvesting Account?
- As per review, opening an account with the ROinvesting website is very simple and easy. This platform offers a demo trading for its traders, where they can familiarize themselves with the website and its features.
- By regulation, every new trader should undergo a few basic compliance checks to make sure that the trader understands the risk of trading, and then they are admitted to trading.
- When a trader opens a trading account, they should submit a scanned color copy of their national ID or a passport bank statement or utility bill with the current address.
- The trader should answer a few compliance questions to confirm how much they have trading experience. The trader should take at least 15 minutes to complete the registration process.
- Even though the trader can use a demo mode as soon as they open a trader’s account, it is very important to note that the trader cannot proceed with the live trading transactions until they have passed compliance take a few days depending upon the current situation.
Risk disclosure – CFDs are complex instruments and come with a high risk of losing money rapidly because of leverage. 84% of retail investor accounts lose money when they are trading CFDs with this provider. You should consider whether you can afford to take a high risk of losing your money.
Types of Account
As per our ROinvesting review, this broker offers two types of accounts: professional and retail accounts. Under these, it offers three different types of accounts, such as silver, gold, and platinum. These accounts are designed for different types of traders who have various trading experiences and skills. Let us discuss some of the types provided by ROinvesting-
- Silver Account
The silver account offers the traders the spread of 28 for USD/JPY, GBP/USD, 25 for EUR/USD. If you are a professional account holder, it offers Forex leverage of 1:200. It also offers 24×5 customer support and hedging. Besides, the trader has the option of selecting an Islamic account.
- Platinum Account
The platinum account offered by this broker offers the best deals on leverages and spreads. Moreover, the trader gets a low spread of 0.37 for gold; for crude oil, it is 0.02. As per the review, it offers forex leverage at 1:500. The services and the features that are offered in the gold account are also available in this account.
- Gold Account
The gold account offered by ROinvesting offers better leverage and spread when compared to the silver account. The crude oil and gold spreads are 0.04 and 0.48. The forex leverage is 1:400, and the trader gets the services of the silver account as well. They can access webinars, dedicated account managers, discounted swaps, discounted spreads, and videos on-demand with the gold account.
- Professional Accounts
For the professional account, the minimum deposit required is $5000, and they need to meet the following criteria like the transactions should be more than 10 per quarter over the previous year; the deposits should exceed 500,000 EUR, or the trader should have work experience in the financial sector.
Is ROinvesting Software Trustworthy?
- ROinvesting offers the traders commission-free trades on a wide range of CFD instruments, which covers indices, forex, stocks, cryptocurrencies, ETFs, metals, and commodities.
- Additionally, all the brokers must separate client funds from their corporate Funds, so that the trader’s funds cannot be used for other expenses aside from trading. This is one of the ways a reputable broker operates, and one such broker is ROinvesting.
- ROinvesting lays great emphasis on cybersecurity, and it has installed SSL technology and firewalls to protect the trader’s data when they are using the internet. The platform’s servers are physically located in SAS 70 data centers which are certified.
Customer Service
ROinvesting offers customer service that is professional and dedicated. Customer service can be contacted through live chat, email, and phone. When the trader contacts customer service, they are directed to a customer support representative or an account manager directly. Besides, they can be contacted through the contact form available on the website, and the traders should note that the phone service is available from Monday through Sunday.
Wrap up
To conclude, we can say that ROinvesting is a well-known trading platform that is regulated and authorized by several regulatory authorities and it is a globally recognized online trading broker. It offers MetaTrader 4, which can be used from the web, desktop, and mobile. It offers different types of trading accounts such as gold, platinum, silver, and professional accounts that cater to clients’ different types as per their skill and experience. Also, it offers a wide choice of educational resources that are offered through articles, courses, videos on demand, and webinars. We highly recommend the traders do their research and analyze the trading market before they proceed with any trading type.
FAQs
1. Is ROinvesting legitimate or a scam?
Ans. As per our ROinvesting review, we can say that this broker is under the Royal Forex Ltd, which is Cyprus based and it is a regulated financial company. Its regulatory status is approved by CySEC, along with European ESMA and MiFID.
2. What is the minimum deposit on ROinvesting?
Ans. For opening an account with ROinvesting, the minimum deposit required is $100, while professional accounts and other accounts need a larger amount as a deposit to start trading.
3. What are the deposit options supported by ROinvesting?
Ans. ROinvesting offers several deposit options such as Bank wire transfers, credit and debit cards, Neteller, skrill, InPay, Paypal, and several more.
4. Does ROinvesting Offer a Free Demo trading Account?
Ans. As per the review, this broker offers a free demo account, which can be used for 14 days. The trader can use a demo account to test the trade strategies and learn about the website’s features and functionalities to execute profitable trades.