Best Broker

ROInvesting Review and Tutorial 2021

by Mike Throttll last updated on February 9, 2021
Minimum Spread :   ECN
Foundation Year :   2019
Min Deposit :   $100
Broker Trusted Point+18

ROInvesting is a CySEC regulated financial services provider that allows clients to trade Forex and CFDs on mobile and desktop computers. Today experts consider ROInvesting to be one of the best brokers both for beginner and advanced traders. The financial services provider boasts 350 trading assets, robust security features, and a leading trading platform. In this review, we provide you with information to help you decide if ROInvesting is right for your trading goals. This includes a detailed analysis of the trading conditions and offers of the financial service provider.

ROInvesting main features and highlights
🌐 Regulators CySEC
💰 Trading fees class Low
💰 Inactivity fee charged Yes
💰 Withdrawal fee amount $0
💰 Minimum deposit $100
☪️ Islamic Account Yes
🕖 Time to open an account 1 day
💳 Deposit with bank card Available
👛 Depositing with electronic wallet Available
📈 Total Assets 350+
🎮 Demo account provided Yes
🛍️ Products offered Stocks, Cryptocurrencies, Forex and other 350+ assets

Pros and Cons

Pros

  • To avoid any trouble regarding payments, ROinvesting believes in fast fund withdrawals. 
  • There are over 350 asset derivatives available to trade with the broker.
  • Take your trading to the next level with the fast and efficient trading platform MetaTrader 4 (MT4).
  • There is no commission on deposits and withdrawals. Plus, there are no hidden charges that is one of the significant advantages of signing up for the brokerage firm ROinvesting. 
  • You can have over-the-roof experience with one-click trading options available on all the trading platforms provided by ROinvesting. 
  • No commission is required neither for making deposits nor for withdrawals.  
  • ROinvesting is a CySEC regulated brokerage firm, and there is no doubt that brokerage can manipulate the market and practice any money laundering activities. 
  • ROinvesting offers leverage up to 1:30 for the retail investor accounts, which is relatively high than what is offered by other forex brokers.
  • You can enjoy spreads as low as 0.03 pips and earn higher returns on the differences through these competitive spreads. 
  • ROinvesting allows you to take help in any dimension through dedicated technical support.
  • The broker provides high data safety with 128-bit encryption on its trading platforms. 
  • You can trade through any device, whether mobile (Android or iOS) and desktop (Windows and Mac OS X). 

Cons

  • You cannot access the MetaQuotes advanced trading platform MetaTrader 5 (MT5) with ROinvesting. This trading platform is more suitable for seasoned traders. Beginners can use MT4 as it fulfils all the requirements of your initial trading career. But the good news is that ROinvesting is planning to offer MetaTrader 5 soon. 
  • If you hold the position after 5 pm in day trading and scalping, it will be called an overnight held position. One of the disadvantages is that the charges will be applied for the overnight position. ROinvesting also charges for currency conversion. 

ROInvesting Review: Regulation details

ROInvesting is owned and operated by Royal Forex Ltd, based in Nicosia, Cyprus. The financial services provider is regulated by the financial authority CySEC, which provides brokerage services for the provision of financial and investment services in Europe. The valid license number of ROInvesting can be found on the broker’s website and can be obtained directly from CySEC. This license gives the financial services provider the right to offer Forex trading services to clients throughout the EU and even in other countries outside the EU. However, the license does not apply to the provision of services to US residents.

Is ROInvesting safe?

To protect the interests of its clients, ROInvesting is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC), which regulates the financial services provider’s obligations when it comes to segregating client funds, information, and data security, and more. Thus, EU residents are guaranteed coverage by the Investor Compensation Fund in the event of insolvency, and their funds are always segregated from their operating capital.

ROInvesting also firmly stores user information such as payment methods, identifiers, and more, following KYC policies and security procedures. The regulation also helps provide a template for a complex set of ROInvesting technologies, laying the foundation for encryption, SSL, and firewall security measures that ensure the integrity of the financial services provider’s ecosystem.

ROInvesting’s trading platform software

Concerning the trading platform, ROInvesting strives to make everything as convenient and understandable for traders as possible. Thus, ROInvesting offers its clients the MetaTrader4 (MT4) trading terminal, a recognized market leader for 15 years, as a trading platform.

MT4 is the flagship platform that can be downloaded for free from the website and installed within minutes. On this platform, traders are also given the choice of a demo account.

MT4 is known for its features and the trading environment it offers. It comes with a variety of trading tools and technical indicators pre-installed. With this platform, traders can create their indicators and they can install as many as they like from a huge pool of over two thousand free indicators. The charting capabilities of the platform are unmatched. Traders can create templates that they can save for later use.

MT4 Expert Advisors (EA) represent one of the most popular features of the platform. Essentially, Expert Advisors are auto traders that can trade according to the traders’ settings around the clock, provided that they are connected to a good VPS service.

Overall, the MT4 platform has three options for use:

  • MT4 trading terminal
  • Web Trader
  • Mobile app

ROinvesting Review

MetaTrader 4 is a trading terminal for PCs. Traders can download the popular platform to their computers and use its key features including different trading signals, automated bots, charts, and analytical objects. Other significant parameters include one-click execution, various execution modes, and technical indicators for better price prediction. ROInvesting also offers additional signals that can also be included in the interface.

Web Trader is the best option for most newbies as it can be accessed with a few clicks directly from the website and it offers a handy demo option that allows anyone to try out its features without investing any real money. harm. This platform is compatible with most major browsers and can indeed be accessed without downloading from almost anywhere in Europe. In addition to the obvious benefits associated with its web-based nature, this platform also offers one-click execution. Advanced charting options and an impressive selection of technical indicators are available. Visual trends and trade cubes are also presented.

MetaTrader 4 Mobile is mainly for those who prefer to trade on the go. Platform users can log into their ROinvesting accounts via the MT4 mobile application, which is available for both iOS and Android devices. MetaTrader4 for Mobile comes with the same analytics tools, objects, chart types, and execution modes as the download and web browser versions.

ROinvesting review: Trading Instruments

Being a CFD services provider, ROInvesting offers trading opportunities across seven asset classes. In total, there are over 350 assets in the following categories:

  • 46 currency pairs
  • 13 commodities
  • 4 precious metals
  • 20 indices
  • 33 cryptocurrencies
  • 20 ETF
  • 150+ stocks

Such a wide range of tools is a great opportunity, as it allows you to diversify your portfolio and manage potential risks, and, of course, acquire new skills.

Fee for trading on ROInvesting

One of the many areas in which commerce excels is the highly visible approach to payments that accompany its services. Composed of only variable spreads, the commissions that can be encountered with ROInvesting do not include commissions charged on trades, fees for account management, any monthly fees, and other common inclusions that other financial services providers can have. Besides, spreads are usually relatively tight and are visible on the website and trading platform.

Other, but largely justified fees that a financial service provider may charge are listed on the Costs and Fees page and include only the overnight swap rate and inactivity fees. The broker does not charge any fees for deposits made using supported payment methods.

For the initial amount to open an account, the minimum deposit a trader can make to enter a trade with ROInvesting is $250, although this is more of a base balance than a commission. There is no commission to withdraw funds, but the minimum withdrawable amount is $100 or equivalent.

Leverage

If you wish to trade Forex with leverage, you’ll need to borrow money from your ROinvesting to raise your buying power while making orders. Combining the assets you’ve invested with cash obtained through a broker increases your chances of earning more. The borrowed money is returned to your brokerage once you have closed your trade and made a significant profit. 

ROinvesting provides leveraged trading, which allows you to take a prominent position in the market. However, with the potential for higher money comes the potential for larger losses. To keep your leveraged position, you should put down a fractional amount of your trade as a deposit. It improves the possible benefits for the trader, which would otherwise take an extended period.

Improve your trading career using the leverage to reach your highest potential. Many times, you are short with the capital but still want to hold a big position in the market. Leverage can do that for you to help you by exposing you to the global markets.  

Retail accounts can get up to 1:30 leverage, while professional accounts can get up to 1:200 leverage. When dealing with leverage, you should always be cautious.  Professional accounts, regardless of account tier (silver, gold, or platinum), give you more leverage. If you use the leverage provided by ROinvesting with the appropriate risk management, the potential losses will decrease, and returns may start soaring.

To start using leverage, open your trading account with no minimum deposit with ROinvesting and capture the great opportunities in different international markets.

  • Forex currency trading: Leverage up to 1:30
  • Stock trading: Leverage up to 1:5
  • Indices trading: Leverage up to 1:20
  • Cryptocurrency trading: Leverage up to 1:2
  • Commodity trading: Leverage up to 1:10
  • Metal trading: Leverage up to 1:10

ROInvesting review: account types

The financial service provider offers three main types of accounts. This means that the trader can choose the type of account, choose the one that best suits the needs.

What are the characteristics of ROInvesting account types?

  • Silver accounts give traders access to over 350 assets, 24/7 customer support, a minimum spread of 28 pips, leverage up to 1:30, over 20 webinars and videos, and an extensive education center.
  • Gold accounts provide access to the same trading conditions as a silver account, but with a reduced spread, commission starting at 20 pips (about 0.05 pips), a 25% discount on swap fees, and the addition of dedicated account managers.
  • Platinum accounts offer a reduced minimum spread of 18 pips (about 0.03 pips), a 50% discount on swaps, free VPS hosting, and news alerts.

Besides, all types of accounts also have negative balance protection and a minimum deposit limit of $250. You can also convert them all to Islamic accounts as long as you abide by Sharia law, as Islamic accounts do not have swaps.

Demo account option

If you would like to test ROInvesting before making a purchase, our reviewers recommend using a demo account first. They contain $100,000 of virtual funds and are valid for 14 days. It is also useful if you want to test your trading strategies as few brokers offer similar lengths on their demo account. Besides, if you are a large trader, have a lot of capital, and meet ESMA requirements, you can also open a professional account that gives you increased leverage up to 1:500.

ROinvesting Review

ROInvesting payment methods, deposits, and withdrawals

Once you have selected the correct account type, the next step is to deposit funds. There are many payment methods to choose from. You can deposit funds into your ROInvesting brokerage account in USD, GBP, or EUR. You can deposit using a debit or credit card, bank transfer, or e-wallet. Debit and credit card deposits are processed within seconds, while e-wallet deposits take up to 24 hours to process and bank transfers take up to five business days. There are no withdrawal limits. Withdrawals can take up to seven business days, depending on the credit card company or bank processing the payment.

Contacting customer service

In the course of trading, clients may have various questions and situations that require a solution. To meet such customer needs. ROInvesting has assembled a professional customer support team. If you have questions, the support service is available from 07:00 to 17:00 GMT. You can email support, call them by phone, use live chat, or fill out a contact form. The support team is quick to respond and offers helpful answers.

Also, in addition to contacting the support service, customers can familiarize themselves with the ROInvesting FAQ section. This section is well organized and offers clear and concise answers to the most frequently asked questions. However, it is important to emphasize that the support team seems knowledgeable and doesn’t just copy and paste the answers from the FAQ.

Study materials to improve skills

ROInvesting account gives you access to a wide range of educational resources. While there is training for all levels of experience, most will suit you if you are a beginner trader. The broker offers its clients several training courses covering topics such as trading strategies, social trading, trading tools, beginner’s course, market trading, CFDs, and stocks.

If you prefer to learn at your own pace, the article portal at ROInvesting is well-organized and mainly contains articles for beginners with some topics, including how to buy stocks, what CFD trading is, and about indices. ROinvesting’s VOD section has a variety of videos for beginners and advanced traders. You can also find platform tutorials in the Tutorials section. You can also find 10 fully downloadable e-books.

ROInvesting webinars touch on important topics such as trading strategies, technical analysis, and index trading.

ROinvesting Review

Conclusion: features of ROInvesting

Traders need to receive good service and hassle-free trading. From this point of view, ROInvesting offers well-thought-out products that can be enjoyed by traders with different levels of experience. The financial services provider offers a wide range of Forex currency pairs and CFDs on various trading instruments. It also offers a variety of training materials and webinars to provide its clients with quality trading training.

The broker has three types of accounts available according to the needs of traders and offers professional status based on the client’s trading data. All traders who have an account with a broker can benefit from low spreads, access to training materials, 24/7 support, and other broker features. ROInvesting is a multi-asset platform with over 350 tradable assets. The assets available on ROInvesting include Forex trading, cryptocurrency trading, index trading, stock trading, commodity trading, ETF trading, CFD trading.

With ROInvesting, you can use MetaTrader4, which is one of the leading trading platforms and allows traders to access your trading account anywhere and anytime. It is a very important part of a good financial services provider to ensure the choice of trading platforms. Besides, customer support is a high-quality one and provides professional answers in a short time.

To sum up, ROInvesting is well established and fully authorized by one of the most trusted financial authorities. After analyzing the broker’s rules, products, and service quality, it is safe to say that there are no signs of fraud or deception on the part of the broker.

ROInvesting offers thoughtful products and accommodates different types of traders who can also gain more knowledge through the broker’s training materials. In summary, ROInvesting scam is unrealistic and you can start trading with the financial services provider with confidence. The company offers pretty decent services and ample trading instruments on top of the most popular Forex trading platform.

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