Roinvesting forex brokerby Alexander james Blooger
For CFD traders in the know of things, ROinvesting is now a broker already with some claim to fame as regards its ecosystem. A CIF or Cypriot Investment Firm called Royal Forex Ltd. owns and operates the 2017-founded broker. Licensed and regulated by the CySEC to render trading services to European clients. ROinvesting has had accolades coming its way from the Eurozone. The broker got an award for Best Customer Service Broker in 2018, and Best Trading Experience in 2019. We strongly believe ROinvesting has the capacity to keep on earning even more awards. It really pays to open a trading account with ROinvesting!
These accolades and such recognition point out to us ROinvesting’s platform par excellence. The broker is based upon a straight-through processing STP model. The Meta Trader4 forms its spine. You may choose any of the account types on offer to access instruments in excess of 250. All imaginable asset classes - forex, commodities, indices, stocks, cryptocurrencies included - are there to be accessed. There’s little cause for concern given the broker’s overall transparency. The attractive ecosystem boasts zero commissions on trades, 1:30 leverage for retail account holders, affordable spread variables, to name only a handful of features.
Whom do we recommend ROinvesting for?
There are tools and applications for all manners of traders regardless of experience level. ROinvesting does stress beginners to be more motivated about their self-education. To that end, the broker has an impressive range of educational materials. Dedicated account managers help in this regard, as well. The MT4 trading platform will satisfy most advanced traders, with its Expert Advisors, custom charting options, indicators and trade types.
ROinvesting has three main account types. Each account type may be availed of by both retail and professional with more services of that vein in the Platinum account. Additionally, there are higher swap discounts.
For opening an account, simply click on Start Trading, to start the application process. The process involves users inputting name, address, employment status, tax status, source of income, trading experience. You might be asked a few basic questions to evaluate your knowledge of trading.
Post-approval, users are redirected to the ROinvesting Client Portal Page. the area permits clients to open and manage trading accounts. They may deposit and withdraw funds, and provide proof of identity, as well as address documentation.
General features of the accounts
As mentioned above, there are three main account types - silver, gold, platinum. The account currencies are EUR and GBP. The leverage available for the first-mentioned account type is up to 200:1. For the gold and platinum accounts, the respective permitted leverages are up to 400:1 and 500:1. A minimum deposit of $250 puts you on the high road to success.
Starting spreads for the silver account are from 2.1 pips. The gold and platinum accounts have starting spreads from 1.2 pips, and 0.6 pips. There are swaps/rollovers across all three account types.
There are no commissions.
Trading instruments - common across all three account types are the following trading instruments: 52 Forex currency pairs; 17 commodities; 12 indices; 10 Futures; 166 stocks; 30 cryptocurrency pairs.
The minimum lot size across the account types is 0.01. Max lot size per trade is 50. There’s indeed a demo account for all three account types - a great feature.
Deposit & withdrawal options:
ROinvesting permits its users the use of credit/debit cards, bank wire transfers, Neteller, Skrill, Klarna, Rapid Transfer, InPay, PayPal, MuchBetter. These credit transfer means may be utilised by traders to make deposits.
Through the client portal area, the trader may choose to make withdrawals. Minimum withdrawals have to be to the tune of EUR 50. If you have had no more than one trade to your credit, and are about to make a withdrawal - you will be charged a fee.
There’s a withdrawal form available that will also require inputting of bank details.
Fair & judicious pricing
ROinvesting really does stand out with respect to the fees attending its services. Made up of only variable spreads, the fees exclude commissions taken on trades, account management fees, monthly fees. Besides, spreads are generally very narrow, with high visibility on the trading platform and website.
The only conspicuous fees are the overnight swap rate and the inactivity fees. There’s no charge accruing to the withdrawal of profits.
ROinvesting has a clear, upright attitude to offering its services. The website is user-intuitive, the customer service friendly. Each account type comes with bigger discounts on swap fees.
The broker invites you to trade commission-free in a variety of markets including CFDs on Forex, ETFs, Commodities, cryptocurrencies. The trading platform is available for web browsers, desktop, and mobile trading on the go. The limit for retail traders being 30:1 leverage and professional traders being 500:1, the interests of clients, as well as competitiveness, are all being attended to by ROinvesting.
Created on May 4th 2021 05:23. Viewed 123 times.