🔥 ROInvesting Test 2021: Broker Experience & Rating
Is ROInvesting a reputable online broker who can be trusted when looking for a partner to then speculate with currency pairs such as CFDs?
ROInvesting is part of Royal Forex Ltd., which is based in Cyprus. It is a broker that primarily trades CFDs and Forex. Since regulation is carried out by the CySEC, the requirements of the EU must be met. The MetaTrader 4 trading platform is available for trading via ROInvesting, as is a trading app that enables access to the trading platform while on the move.
The following test deals with the available trading instruments, the issue of security and the fees.
ROInvesting Brief Overview - The most important facts about ROInvesting
- The broker ROInvesting offers trading in CFDs
- There are several account models
- The broker is regulated by the Cypriot CySEC
- ROInvesting also waives custody fees
Registration with the broker ROInvesting: Our step by step guide
If you are of the opinion that you want to speculate with stocks and the like with ROInvesting in the future, you need to open an account at the beginning.
1. Registration with ROInvesting
A real money account can then be opened on the ROInvesting homepage with a simple click on the "Open account" button. Now you have to enter some personal data: This includes your first and last name, telephone number, an email address and a password that you can generate yourself. Now you have to choose whether you want to receive promotions such as special offers by e-mail or SMS, you have to confirm that you are older than 18 years and you can choose whether you also want telephone support with the registration. ROInvesting points out on the left side of the registration form that “all data is secure” and “treated as strictly confidential”.
2. Verification
With the verification, the identity of the newly registered trader is checked. This means that the online broker wants to make sure that it is a "real person" as part of the verification process. In this case, different procedures are used: You can opt for the PostIdent or VideoIdent procedure - but it is also sufficient to copy a photo ID (passport, driver's license or ID card) and submit it using the corresponding contact form. Confirmation of the proof of residence is proven with a utility invoice - in this case it is important that the invoice a) states the customer's residence, b) the customer's name and c) the date of the invoice no longer than six Months in the past.
If the verification process has been completed in full, all functions made available on the platform are available.
3. deposit
After the account opening has been successfully completed, the account can now be topped up. In this case, ROInvesting stipulates a minimum deposit of 250 euros. This is a normal amount in the online brokerage industry. It should be noted that ROInvesting offers a relatively large number of deposit options - that is, you can top up your account with your credit card, but you can also transfer money to your ROInvesting account via Skrill, Paysafecard or a classic bank transfer.
At this point it should be noted that PayPal is currently not supported. It is still unclear whether ROInvesting will soon be able to deposit money via PayPal.
4. Trading on the platform
Once the minimum deposit has been made, trading can now be started via ROInvesting.
What is ROInvesting Broker? The history of the broker
ROInvesting was founded in 2017. Behind the Online Broker is the Royal Forex Limited group. The company is based in Cyprus - or rather in Nicosia. This is also the reason why ROInvesting is also regulated by the Cyprus Securities and Exchange Commission, the CySEC.
Due to the fact that the online broker was founded in 2017, it is still a fairly young provider.
ROInvesting is also a partner of the traditional Italian club AC Milan.
Our ROInvesting experiences: The ROInvesting conditions put to the test
Before deciding on an online broker, it is important to find out whether the desired assets, i.e. the assets, are being offered.
Trading at ROInvesting: The range of individual trading instruments in the test
With ROInvesting, CFD trading is made possible on base values from the various asset classes. The trading offer includes stocks, indices, currency pairs as well as commodities and crypto currencies. This means that traders can enjoy a wide range of financial instruments.
Trading stocks & ETFs
It should be noted that ROInvesting not only offers stocks from the USA, but also increasingly European stocks. So there is not only the big names Apple and Microsoft, but also alliances like BMW. The leverage that is available to private investors here is 1 to 5.
In addition to stocks, there are also indices. Here, private individuals have a leverage of 1 to 20. Among other things, the NASDAQ 100 and the DOW 30 can be found here.
Trading Forex
In addition to the majors, you can also trade exotic currency pairs via ROInvesting - this includes the very rarely available currency pair USD / MXN (US dollar / Mexican peso). With leverage, ROInvesting differentiates between the currency pairs - that is, with a major currency pair, such as EUR / USD, a leverage of 1 to 30 is available. With exotic species, the leverage is a little lower.
Trading in raw materials
The online broker can definitely convince here. Not only that there is a leverage of 1 to 20, you can trade with gold but also with energy commodities (in this case, however, the leverage is 1 to 10). Palladium and platinum are also found here. This means that in addition to trading in raw materials, you can also speculate in precious metals.
Trading in cryptocurrencies
The crypto currencies It is probably the breakthrough of the century - in the end, Bitcoin and Co. were only laughed at at the beginning, but today some crypto currencies have already gained a place in society. And if you follow one or the other prognosis, some cryptocurrencies, especially Bitcoin, will increase in value significantly.
Since the crypto market is extremely volatile, you can book extremely high profits here - provided you assess the market correctly. That means, if you are wrong here, you have to assume that you will have to suffer high losses. Because of this, it is important to be very careful when it comes to speculating in cryptocurrencies.
The functions of the ROInvesting trading platform
ROInvesting provides the extremely popular MetaTrader 4 trading platform for trading CFDs such as Forex. The trading platform impresses with a clear and user-friendly interface. Furthermore, MetaTrader 4 - MT4 for short - scores with a very diverse range of functions. The software can also be downloaded and installed for iOS and Windows. The various indicators and charting tools, all of which can be used for market analysis, are particularly popular.
But there is also the possibility of participating in the market via web traders. In this case, all you need is an internet-enabled device and a stable internet connection. In this case, it is not necessary to download any software. This means that the market can be accessed from any device. In addition to many visual trend diagrams, there are also live analyzes here.
ROInvesting account types
ROInvesting scores with three available accounts. Depending on the type (and also depending on what experience you have already gained), you can then choose the right account model for you.
The silver account
- The maximum leverage in Forex trading is 1 in 30
- For professional traders there is a leverage of 1 in 400 or 1 in 500
- Hedging
- It is possible to work with the fifth decimal place in Forex trading
- There is a dedicated account manager
- Free VPS
- No swap discount
- There is individual investment news
- The account is also available in an Islamic version
The gold account
- The maximum leverage in Forex trading is 1 in 30
- For professional traders there is a leverage of 1 in 400 or 1 in 500
- Hedging
- It is possible to work with the fifth decimal place in Forex trading
- There is a dedicated account manager
- Free VPS
- Swap discount is 25 percent
- There is individual investment news
- The account is also available in an Islamic version
The platinum account
- The maximum leverage in Forex trading is 1 in 30
- For professional traders there is a leverage of 1 in 400 or 1 in 500
- Hedging
- It is possible to work with the fifth decimal place in Forex trading
- There is a dedicated account manager
- Free VPS
- Swap discount is 50 percent
- There is individual investment news
- The account is also available in an Islamic version
Particularly positive is the fact that ROInvesting provides a free demo account. This means that it is possible for the trader to try out the many services and functions without any risk. This is especially ideal for beginners who have not yet had any (or very little) experience and are still a little unsure or who want to try out their strategies without having to risk what they have saved.
It should be noted, however, that the demo account is not available indefinitely. The test phase ends after 14 days. Even if ROInvesting takes a different path here, as there are many brokers who provide the demo account without limitation, it can be said that 14 days are probably sufficient to be able to deal more with the platform and its chosen strategies.
The ROInvesting App
The trading app provided by ROInvesting can be used on the following mobile devices:
- Android devices
- iPad
- iPhone
So you can always be informed about current market developments and access your account at any time. The location-independent action is thus made 100 percent possible. Ideal for all those traders who do not want to be dependent on a stand PC but also want to participate in the market on public transport.
The deposit methods at ROInvesting
If you are interested in trading CFDs and Forex, it is also of interest to the trader which deposit methods are accepted by the broker. Because in some cases the decision actually depends on whether the preferred deposit method is offered. While some online brokers only offer very few deposit methods, ROInvesting scores with a wide range of different options:
- Bank Transfer
- Credit card
- Decta
- Skrill
- Payvision
- Paysafecard
- eMerchant Pay Limited
As already mentioned, PayPal is not yet offered.
It should be noted that there are no deposit fees, but it may be possible for the selected provider to then charge fees. This means that even if the online broker does not incur any costs, this is no guarantee that the amount paid will be uploaded 1 to 1 to the account. In order not to experience any nasty surprises, you should sometimes contact your provider in advance - for example the credit card company.
As already mentioned, the minimum deposit amount is 250 euros. This is an amount that is very common in the industry and indicates that you definitely want to appeal to beginners.
Security with ROInvesting
The topic of security plays an important role when choosing the right broker. Can ROInvesting convince here or are there any indications that the provider is questionable?
Regulation of ROInvesting
As already mentioned, the Royal Forex Limited group is behind the online broker ROInvesting. The broker, which was founded in 2017, is located in Cyprus, as is the Royal Forex Limited group. That is also the reason why the CySEC carries out the regulation. This is the Cypriot Financial Supervisory Authority.
It should be noted that the CySEC is one of the strictest regulatory authorities in the world. In addition, those requirements are stipulated that are also valid within the European Union. So there is de facto no difference between brokers based in Cyprus and brokers based in Central Europe. That means, ROInvesting has to follow the principles of the European Economic Authority in order to get a license from CySEC.
Deposit insurance from ROInvesting
Client funds are kept separate from the broker's business assets. Due to the fact that the broker is also a member of the Investor Compensation Fund (ICF), there is a guaranteed deposit protection of 20.000 euros / trader.
ROInvesting's customer service
ROInvesting is an online broker that presents its traders with a wide range of educational opportunities. With this educational offer, different learning content is offered, through which you then get more information about Forex trading, but also learn how to deal with MT4 or you are provided with a few tips and tricks. That means, in addition to the demo account, you can also use the educational offer to hone your strategies and prepare yourself better for the market.
Furthermore, the online broker scores with a variety of channels so that it can then contact employees. Because there are always questions such as concerns that you would like to have answered and / or clarified as quickly as possible.
The contact options include contacting us by phone, e-mail, post and live chat. It should be noted that the live chat is of course the number 1 contact option here. Because here the concerns and / or questions are dealt with immediately.
ROInvesting conditions: Fees & costs
But even if the online broker scores in the area of security and offers a wide range of trading instruments such as well-functioning support, there is another point that must be taken into account: the costs.
spreads
It should be noted that the trading costs incurred are not caused by commissions. The fees for trading are called spreads. The traded financial instrument is decisive, which spread is to be considered in the end. For example, if you trade the GBP / USA currency pair, you have a spread of 1,3 pips. If you speculate with coffee, the spread is 0,3 pips. Due to the fact that the spreads are very low, ROInvesting is quite competitive - sometimes even more attractive than many well-known brokers in some areas.
fees
There are no custody fees. It should be noted, however, that ROInvesting charges a so-called inactivity fee if the trader no longer takes any activities. The inactivity fee can increase to 500 euros.
Experiences and user opinions about ROInvesting on the Internet
If you want to know how (un) satisfied the traders of the online broker are, it is advisable to look for experience reports on the Internet. Because this way you get a mood test relatively quickly, whether you are dealing with a reputable broker that is recommended or whether you should better keep your hands off the service.
The fact is: There are of course one or two negative comments - this is completely normal, because in the course of CFD trading there can always be disappointments and setbacks. Losses are never easy to put up with - but it is even more difficult to have to admit to having chosen the wrong strategy. This makes it easier to blame the broker.
Is ROInvesting Scam or Serious? Our ROInvesting rating
ROInvesting is a serious provider. The broker is regulated by the CySEC. In addition, the broker's money is kept separate from customer deposits. There is no evidence that this is a fraudulent provider.
Disadvantages of ROInvesting: What didn't we like?
ROInvesting may waive the custody account fee, but requires a very high inactivity fee, which can rise to 500 euros. The demo mode is only available for 14 days.
Advantages of ROInvesting: What we liked
The online broker is regulated by CySEC and is a member of the Investor Compensation Fund, so that traders can be guaranteed a deposit protection of 20.000 euros. ROInvesting scores with a very fair fee model, provides some contact options for traders (keyword: live chat) and convinces with fair spreads. There are also three account types and many tradable assets - including cryptocurrencies.
ROInvesting Experiences: Frequently Asked Questions about the Broker
What is ROInvesting?
ROInvesting is an online broker that has been on the market since 2017 and offers trading in CFDs and Forex. Here you can speculate with cryptocurrencies such as raw materials, among other things. It should be noted that the broker is regulated by the CySEC.
Is ROInvesting a recommendable broker?
Due to the fact that a very fair fee model is followed and the broker is regulated, there are also some contact options to be able to ask questions or concerns, ROInvesting can be described as a recommendable broker.
Will I be able to trade successfully with ROInvesting?
Yes, if you follow the appropriate strategy, success is possible. In order not to have to risk your savings right from the start, a demo account can be used - the trial version ends after 14 days.
How is the test and the experience of Bitcoin-news.one about ROInvesting?
ROInvesting may well be convincing. Starting with the regulation and ending with the fee model and the different ways to contact employees - ROInvesting is very much a broker to whom a recommendation can be made.
Frequently asked Questions:
ROInvesting is an online broker that has been on the market since 2017 and offers trading in CFDs and Forex. Here you can speculate with cryptocurrencies such as raw materials, among other things. It should be noted that the broker is regulated by the CySEC.
Due to the fact that a very fair fee model is followed and the broker is regulated, there are also some contact options to be able to ask questions or concerns, ROInvesting can be described as a recommendable broker.
Yes, if you follow the appropriate strategy, success is possible. In order not to have to risk your savings right from the start, a demo account can be used - the trial version ends after 14 days.
ROInvesting may well be convincing. Starting with the regulation and ending with the fee model and the different ways to contact employees - ROInvesting is very much a broker to whom a recommendation can be made.
