ROInvesting Broker: Detailed Review – ROInvesting is a trading broker established in Cyprus and dedicated to serving the investing services to its clients. The broker is a 2015 establishment and offers different trading products like stocks, indices, currencies, commodities, and complex financial derivatives for buying and selling.
Further, the broker offers some fantastic services like high-end technological backup, educational material, and top-notch trading platform. However, the minimum deposit to start an account with the broker is $250. But one can try their demo account for free.
The article would give you a detailed ROinvesting Broker Review. It would cover all the topics which pop in a trader’s mind about the broker.
Is ROInvesting a Scam? Must Read
ROInvesting is a regulated company which is licensed under Cyprus’s financial body, CySEC (Cyprus Securities & Exchange Commission). The broker is owned and operated by the Royal Forex Ltd, and its license number with CySEC is 269/15.
The financial body protects the interests of the clients and ensures them in any mishap situations. Moreover, the broker also keeps all the users’ money in the top financial bank, i.e. it follows the segregated policy.
The customers’ funds are safe under the strong IT security of the broker. They have the encryption system at every level and SSL protection for their users. Thus, no hacker would be able to touch a penny of the website.
In total, ROInvesting is a safe broker, and the clients’ funds are secure in their account.
Broker Features
Connection to AC Milan:
ROIinvesting is the official partner of the famous soccer club AC Milan. It is one of the most renowned soccer clubs and surely will not partner any other brand or company.
The club displays the broker on their T-shirts as well as on display. Thus, the authenticity of the trading website should not be questioned in this regard.
Recognitions:
ROinvesting broker has won several awards and recognitions for providing excellent services to the customers. The company won the ‘Best Customer Service Broker’ award by Global Brands Magazine in 2018 and ‘Best Trading Service 2019’ by FXdailyInfo.com.
Range of Assets:
The broker offers a number of tradable financial instruments for trading to its customers. It includes stocks, indices, commodities, foreign currency pairs, and complex derivatives. There are, in total, 350 assets with the broker.
One can choose to trade them via their MT4 trading platform.
However, they still need to work on their asset collection and improve it for better user experience.
Deposit & Withdrawal:
ROinvesting broker charges no fee on withdrawal and some cost on deposits. There are several methods to add or take out the funds, and a user can choose any one of them, as per the comfort. Some of them are Skrill, bank wire transfers, INPAY, PayPal, debit/credit cards and many more.
Further, the minimum deposit amount to start an account with the broker is $250. The processing time for withdrawal is 3-5 days, while the deposits would not take more than 15 minutes.
Also, remember that any withdrawal less than 100 dollars could cost you a fine. The trader might also be charged around $50 if he wants to withdraw the sum without executing any trade.
Customer Service:
ROinvesting customer support service can be regarded as good but not great. The team is available and happy to help you. The executives are polite as well as smart enough to handle all kinds of users. However, the service is not 24 hours available but only from 7:00 AM to 05:00 PM, Monday to Friday.
The trader can contact them via telephone, email, or live chat option available on their website. One can also go for the query form on the portal. Further, there is no FAQ page on the portal whose absence could be an obstacle.
Broker Services
Trade Execution:
The broker offers fast and smooth execution service to the clients. It helps them buy and sell quickly without any hassle. The worker behind it is the Meta Trader4 trading platform, which is also used widely by the brokers.
Remember, the execution is very significant as it can affect your profit and losses both.
Professional Account Manager:
The broker also provides a professional account manager to the pro account clients. The manager helps as well as advise them on all trading related issues.
Also, having a manager makes most of the things smooth as he has prior experience.
Negative Balance:
The broker has a no negative balance policy which is designed for the users to avoid huge losses. It means a trader shall not be able to trade beyond his account balance.
It acts as a shield to the clients who become over-enthusiastic and spend more than required.
Leverage:
The broker also provides a high leverage facility to its customer so that they can earn more. The margin can go as high as 1:500, depending on many factors. The leverage is majorly decided by the asset you are trading and your account type.
Remember, leverage can be profitable, but at the same time, can create losses too.
Educational Material:
ROinvesting broker’s educational services are impressive. The broker believes in educating their clients and enhancing their knowledge stack. The navigation to the portal is easy to understand and smooth.
The portal includes e-books, videos, webinars, seminars, economic calendars, and many in a comprehensive manner.
The education page is useful for both professionals and beginners.
Research Tools:
The broker also offers a variety of tools to its clients to use while trading. The tools help the traders to predict prices and make better decisions accurately. Economic calendars, signals, charts, patterns, news analysers, etc. are some of them.
The page is free to use for all the customers.
Rounding Up
ROinvesting Broker Review: ROInvesting has become a global broker after starting its operations in 2015. The broker has been able to distinguish themselves from the crowd. Further, the tools and education portal of the trading company is considerable. However, customer service and range of assets can be improved.
However, the broker is safe to trade and can be a choice worth considering. At last, the decision is in the users’ hands. If you feel we missed anything about the broker, then let us know it.
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