If you’re looking for more information about Roinvesting’s trading services, our broker review has got you covered. Here, we’ll give you detailed information about the broker’s fees, account types, licenses, and trading platforms.
As a CySEC regulated broker, ROinvesting offers a high-level of security. The broker also allows you to trade over 350 assets, including forex currency pairs and CFDs on cryptocurrencies. These two features, strong regulation, and diverse trading opportunities make ROinvesting the perfect choice if you’re looking to diversify your portfolio safely.
Our review team also unearthed many other benefits of trading with Roinvesting, such as the fact it offers low fees and educational materials for beginners. Keep reading to discover what else impressed, and disappointed, our reviewers.
ROinvesting Regulation and Background
ROinvesting launched in 2017 and currently services European clients. The brand is operated by Royal Forex Ltd and licensed by CySEC, a top-tier authority which imposes strict security policies. As such, when you trade with ROinvesting, you’re protected by negative balance protection and segregated accounts, Additionally, the Investor Compensation Fund guarantees that, in the rare event that the broker goes bust, covered clients can claim money back (up to €20,000).
ROinvesting offers you the ability to trade CFDs such as currency pairs, shares, indices, commodities, metals, and ETFs. Our ROinvesting review team found that this extensive range of tradable assets sets the broker apart from its competitors.
- Site: www.roinvesting.com
- Support: +800 5002 6003
- Leverage: 1:500
- Min. Deposit: $250
- Spreads: 0.03 pips
- CySEC licensed
- 350+ trading assets
- Up to 1:500 leverage for Pro accounts
- Offers Islamic accounts
- No 24/5 support
- Only 1 trading platform
ROinvesting Account Types and Deposits
When setting up an account with ROinvesting, you can select one of three retail accounts. As part of our ROinvesting review, we tested all three types and created an overview of each. This way, you can choose the account that suits you most with ease.
- Silver – You can open this account with a minimum deposit of $250. You’ll be offered leverage of 1:30 and spreads as low as 1.8 pips.
- Gold – This account has the leverage as the Silver account ( 1:30), yet you’ll also enjoy lower spreads (from 0.05 pips) and a 25% discount on swap fees.
- Platinum – This account offers the same leverage as the previous two, but with the added benefits of tight spreads from 0.03 pips, 50% swap fee discounts, an account manager, and VPS hosting.
If you have over a year’s financial experience and a large amount of capital, you can also apply for a Professional account. This is perfect for high-volume traders as it offers you higher leverage and a personal account manager.
ROinvesting also offers you a demo account, which is completely free of charge. The demo account comes loaded with virtual funds so that you can try out the broker and test out your strategies.
Depositing and Withdrawing at ROinvesting
Once you’ve chosen the right account type for you, the next step is to deposit funds. Our ROinvesting broker reviewers found that there’s plenty of payment methods to choose from and deposits are processed instantly. You can fund your ROinvesting account via credit/debit cards, (Visa, Mastercard, Maestro), wire transfer, or e-wallet (such as PayPal, Skrill, Neteller, and Paysafe).
The broker also eliminates all deposit or withdrawal charges, provided your account is active and you’ve made more than one trade.
ROinvesting Trading Platforms and Research Tools
ROinvesting is mostly a MetaTrader 4 broker, yet it also allows you to trade via WebTrader. This is very similar to MT4, but it does not have to be downloaded and it is ready to use on the go as long as you have access to the internet. Whilst this may seem like a disadvantage, MetaTrader 4 is the industry-leading trading platform for forex.
If you’re a beginner trader, MetaTrader 4 is great as it’s incredibly user-friendly. It also allows you to trade via a downloadable platform or mobile application. All versions of MetaTrader 4 offer the same features, and the app can be downloaded for both iOS and Android devices.
When our experts used MetaTrader 4 with ROinvesting for this broker review, we tested all of the platform’s research tools. MT4 comes with 30 technical indicators, 23 analytical objects, 9 timeframes, and 4 pending order types. This gives you flexibility and allows you to customize your trading experience.
Our reviewers were also happy to find that ROinvesting offered MT4 as it gives you access to the software’s marketplace. Here, you can purchase over 2,100 extra technical indicators and over 1,700 trading robots. Again, this is perfect if you’re a beginner trader as it allows you to copy more experienced traders’ positions.
ROinvesting Educational Materials
ROinvesting takes care of not only your immediate trading needs but also your advancement as a trader too. By providing you with a huge array of educational tools and materials, you’ll be able to take your trading game to a whole new level.
These materials include educational articles, webinars, online courses, tutorials, videos, and eBooks. Not only are these materials super-informative, but you can also get them for free – no membership fees are applied.
Customer Support at ROinvesting
As we have discovered during our ROinvesting review, the broker cares about its clients. This is also shown in the broker’s customer support options. If you have a query or need assistance, you can contact ROinvesting via:
- Email support: [email protected]
- Phone call: +80050026003
- Live chat from the website
Overall, we thought customer support was good at ROinvesting, once you have an account. Before registering it is hard to get informative answers from the live chat agents, but we found that once we had logged in, responses were much more helpful and prompt.
ROinvesting – Our Final Rating
As this review has shown, ROinvesting is a trustworthy broker to trade with as it effectively combines a diverse market offering with financial safety.
Our experts would recommend this broker to both new and experienced traders. If you’re a beginner, you’ll find the educational resources useful and you’ll find the trading platform easy to use. If you’re more experienced, you’ll also be pleased with the analytical tools, tight spreads, and premium accounts.
Sign up to ROinvesting today to start learning how to trade, or to expand your portfolio.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84% of clients’ accounts lose money when trading CFDs with this provider.
Frequently Asked Questions (FAQs)
How can I sign up for ROinvesting?
To sign up for ROinvesting, you’ll first need to decide which account type you want to opt for. Then, you’ll need to provide the broker with some personal information, answer a short questionnaire about your trading experience, and submit documentation to verify your identity and address. After that, you can fund your account via multiple payment methods and start trading. Our ROinvesting review team found that the whole process takes around 15 minutes.
Is ROinesting safe?
Yes, trading with ROinvesting is as safe as it can get. The broker has a license from CySEC, one of the most trustworthy regulators in Europe. In addition, ROinvesting also offers you multiple risk management tools and safe payment methods. This ensures that your funds are always secure.
What products can I trade with ROinvesting?
At ROinvesting, you can trade CFDs. When it comes to forex the broker offers 46 currency pairs, including minors, majors, and exotics. There are also over 30 crypto CFDs to choose from, and CFDs on other assets such as shares, indices, ETFs, commodities, and precious metals. Overall, you can choose from over 350 financial products when you trade with ROinvesting.
Does ROinvesting charge commission fees?
No, ROinvesting does not charge any additional commissions on trades. With this broker, the only trading fees you’ll need to pay are swaps and spreads, which are both priced competitively. Overall, we found that ROinvesting is an average to low-cost broker.
How much money do I need to trade with ROinvesting?
To open a live trading account with ROinvesting, you’ll need to deposit at least $250. This is enough to get most traders started, especially as ROinvesting has low leverage rates. This means that you can make small trades, safe in the knowledge that you won’t wipe out your account. You’ll also benefit from negative balance protection, which means you can never owe the broker money.