About ROInvesting: A Comprehensive Overview
ROInvesting is renowned for its expertise in CFD trading and is under the ownership of Royal Forex Ltd, a registered entity in Cyprus. The website prominently showcases the CySEC regulator license 269/15, which was granted in 2015.
For reaching out to the company, various communication channels are available, including email, online chat, and the phone number +80050026003. The platform is accessible in eight languages, including Russian.
Instrument Diversity and Platform Options at ROInvesting
ROInvesting boasts an extensive selection of over 350 trading instruments encompassing:
- currency pairs,
- crypto pairs,
- stocks,
- precious metals,
- energy commodities,
- commodities.
Traders have the flexibility to utilize the highly popular MT4 platform or opt for trading directly through the Webtrader via their browser.
Registration Process and Personal Account Setup at ROInvesting
The registration at ROInvesting entails a series of steps. Initial requirements include providing:
- name,
- surname,
- email,
- phone,
- password.
Subsequently, a detailed form needs to be completed with personal information like date of birth, country, city, and postal address. Further, answering specific questions related to work domain and submitting identity and address verification documents is essential. Upon completion of these steps, clients gain access to their personal account along with a deposit offer.
Offered Trading Accounts at ROInvesting
ROInvesting presents three distinct trading account types, each equipped with hedging features, high precision, and an option for an Islamic version. The leverage varies based on the chosen asset, starting from 1:30 for “Forex” and reaching up to 1:500 for professional accounts.
The minimum deposit stands at $250 for the “Silver” account. The “Gold” and “Platinum” accounts have no investment cap. Clients with substantial investments receive personalized assistance, swap discounts, access to trading signals, and crucial market updates.
Funding and Withdrawal Methods at ROInvesting
ROInvesting extends a wide array of payment options, including:
- bank cards like Visa and Mastercard,
- bank transfers,
- a myriad of electronic payment services ranging from Skrill and Neteller to others.
The website elaborates on commission conditions concerning swaps and spreads. Commissions are automatically deducted and calculated using intricate formulas. Detailed commission calculation tables are provided, differing for regular and professional clients.
Final Verdict on ROInvesting
While holding a Cyprus license is commendable, adherence to EU regulations alone may not entirely safeguard traders’ rights from the former Soviet region. The absence of information regarding a local license to cater to the Russian-speaking segment on the website raises concerns. The intricacies and high commissions necessitate careful evaluation. We recommend a thorough risk assessment before proceeding.
This review has been prepared by the specialists at ExpertsReview.