For CFD traders with an ear to the ground, ROinvesting is a broker that has become known for its well-organized ecosystem and favorable conditions. Owned and operated by Cypriot investment firm Royal Forex Ltd, ROinvesting was founded in 2017 and is licensed and regulated by CySEC to provide trading services to European audiences. ROinvesting has already earned loyalty from thousands of these traders in the EU and has garnered accolades from within the industry as well, with an award for Best Customer Service Broker 2018 and then Best Trading Experience 2019 from Global Brands Magazine and fxdailyinfo.com, respectively.
These awards speak volumes about the best features of ROinvesting’s platform. Its foundation is built on a speedy straight-through processing (STP) model and the industry-leading MetaTrader 4. Traders with any account type have access to the broker’s more than 250 instruments, including forex, commodities, stocks, indices, and more via the superb ROinvesting dashboard, and can reach out for guidance to a super helpful support team. ROinvesting’s approach to transparency with terms and conditions is certainly notable as well, but there’s little to trouble oneself over thanks to zero commissions on trades, leverage as high as 1:30 for retail traders, and affordable variable spreads.
Pros and Cons
Pros
- Broker regulated by CySEC
- Trade over 250+ instruments on all account types
- Full educational library plus daily reports
- No commissions and narrow spreads
- Excellent client support, dedicated managers
Cons
- Lack of complex analysis tools or market news
- Account inactivity fee is steep
- Support hours limited to weekdays from 7:00 to 17:00 GMT
Recommended For
Traders of all experience levels will have the tools and support they need to trade successfully as ROinvesting members, but it’s true that the broker does offer more of an emphasis on getting beginner traders up to speed. This trait reveals itself in the thorough library of educational content that ROinvesting has posted on its website, including tutorial videos, articles, eBooks, and more. Dedicated account managers help to inform and educate clients as well. This isn’t to say advanced traders are left to fend for themselves, however, as most who are familiar with the MT4 know it has enough indicators, custom charting options, Expert Advisors, and trade types to satisfy most strategies.
Geography is relevant for traders looking at potential brokers, as is the cost of doing business. ROinvesting, given its licensing and regulation by CySEC, is primarily for traders in the EU area who will want to be covered by the guarantees and parameters imposed by regulators. Base currencies therefore only include EUR and GBP. Financially savvy traders would do well to consider ROinvesting for its no-commission model as well and will be encouraged in the way that the broker publishes spreads and other terms matter-of-factly, with no muddiness in language or deliberate indirectness.
Top Features
- Dedicated Account Manager: Each ROinvesting member is assigned a dedicated account manager responsible for each individual account, ensuring that when customers call in for a quick inquiry, they’re already familiar and better able to serve.
- Hedging: With the MT4 and a strong variety of currency pairs, hedging is an effective and easily mobilized strategy on ROinvesting. This tactic and more are discussed throughout the website’s educational pages.
- Webinars and Videos: Gold and Platinum accounts gain access to regularly hosted webinars and a library of videos covering subjects like trading, hedging, indicators, and other subjects.
- Discounted Swaps and Spreads: As members climb from Silver to Gold accounts and then onto the Platinum account level, they are eligible to receive discounts on the spreads for each instrument as well as the rate on overnight swaps.
- Stacked Library of Education: The company goes above and beyond in how it informs users about the instruments and tools available and how to use each tool like an expert thanks to a variety of videos on demand, eBooks, articles, trading courses, and tutorials.
Overview
- Type of Broker STP Broker
- Regulation & Licensing Cyprus Securities and Exchange Commission (CySEC)
- Accepted Jurisdictions 21
- Assets Offered Currencies, Commodities, Indices, Shares, Cryptocurrencies
- Platforms Available Metatrader 4 (Desktop, Web, Mobile), Trading App
- Mobile Compatibility iOS, Android
- Payment Types Accepted Credit/Debit Card, Bank Transfer, Skrill, Neteller, V Pay, Maestro
Account Types
|
Features |
Silver Account |
Gold Account |
Platinum Account |
|
Account Currencies |
EUR, GBP |
EUR, GBP |
EUR, GBP |
|
Available Leverage |
Up to 200:1 |
Up to 400:1 |
Up to 500:1 |
|
Minimum Deposit |
$250 |
$250 |
$250 |
|
Starting Spreads |
From 2.1 pips |
From 1.2 pips |
From 0.6 pips |
|
Commission Per Trade |
0 |
0
|
0 |
|
Decimal Pricing |
Up to 5 decimals
|
Up to 5 decimals
|
Up to 5 decimals
|
|
Swaps/Rollovers |
Yes |
Yes |
Yes |
|
Trading Instruments |
52 FX Pairs 17 Commodities 12 Indices 10 Futures 166 Stocks 30 Cryptocurrency Pairs
|
52 FX Pairs 17 Commodities 12 Indices 10 Futures 166 Stocks 30 Cryptocurrency Pairs
|
52 FX Pairs 17 Commodities 12 Indices 10 Futures 166 Stocks 30 Cryptocurrency Pairs
|
|
Min. Lot Size Per Trade |
0.01 |
0.01 |
0.01 |
|
Max Lot Size Per Trade |
50 |
50 |
50 |
|
Demo Account |
Yes |
Yes |
Yes |
|
Swap/Rollover Free |
Yes |
Yes |
Yes |
|
Copy Trading Support |
No |
No |
No |
Compliance & Regulation
To best protect the interest of its members, ROinvesting is licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC), which governs the broker’s obligations when it comes to the segregation of client funds, security of information and data, and more. Residents of the EU are therefore guaranteed coverage by the Investor Compensation Fund in case of insolvency, and their funds are always segregated from operational capital.
ROinvesting also keeps iron-fisted custody of user information such as payment methods, IDs, and more in accordance with regulations and safe KYC procedures. Regulation also helps provide a template for ROinvesting’s sophisticated stack of technology, laying the groundwork for encryption, SSL, and firewall measures that keep the broker’s ecosystem airtight.
Pricing
One of the many areas where ROinvesting stands out is its very visible approach to the fees that accompany its services. Comprised only of variable spreads, the fees one will encounter at ROinvesting exclude commissions taken on trades, account management fees, monthly fees and other customary inclusions found with competing brokers. Moreover, spreads are usually quite narrow and highly visible on the website and the trading platform, with oil starting at 0.06 points even for the Silver account and falling drastically for Gold and Platinum accountholders.
The other but largely excusable fees that ROinvesting can charge are listed on the Costs and Charges page and include only the overnight swap rate and the fee incurred for being inactive ($80 starting at 61 days of inactivity). This fee rises if the account’s inactivity continues. There are no fees that the broker charges for deposits made to ROinvesting using the supported payment methods, though withdrawals may be subject to a $50 fee if the request comes from an inactive account or is below the minimum EUR 100 withdrawal posted.
For the initial amount to open an account, the smallest deposit that a trader can make to enter ROinvesting is $250, though this can be withdrawn as it is one’s base balance and not a fee. To withdraw profits there’s no charge, but the minimum amount one can withdraw is $100 or the equivalent currency. This means if you have a $280 balance and withdraw your original deposit, the $30 you have left will remain in your ROinvesting account.
Reliability & Security
The underpinning of any broker’s reliability score is the quality of its technology, and for that ROinvesting has spared no expense or effort. MetaTrader 4 is a sound platform that’s been an industry standard for years and trusted by professional traders for its dependability as much as its array of indicators, trade types, and other features. Behind the MT4, ROinvesting employs a straight-through processing (STP) model which relies on a liquidity provider—not dealing desks—for trade execution. Clients are therefore provided speed and confidence that their interests are being fully represented. It’s easy to wield this trading power as well, with a fully-fledged platform available on any computer via WebTrader for browser-based trading, or via a desktop platform and mobile application for trading on the go.
Putting the best tech in the hands of traders is one thing, but it’s also vital to support them with the right degree of customer service and fund security. The personalized approach starts with a dedicated account manager for some accounts, which exists to provide traders with backup whenever they’re uncertain or need help. Beyond that, regular customer service is a click or call away 5 days per week, via email, chat, or by calling ROinvesting’s toll-free line. Finally, it speaks volumes about ROinvesting’s reliability that CySEC has given its regulatory stamp of approval.
User Experience
Beginning with the signup process, ROinvesting starts to acquaint clients with the streamlined and practical way it does business, and this idea is then furthered by a clever dashboard that hides immense trading and account management functionality. To register, potential users will go to the website and click on Open Account. From there, ROinvesting asks for their name, phone number, email address, and home or office address. There’s a quick questionnaire about income and level of education, intentions for membership, and then an area where prospective clients can upload documents before funding the trading account with an initial deposit. Neither of the last two steps are mandatory before skipping to the finish line to enter the client area (or practice on a demo account). Deposits can always be made later.
The client area is a refreshingly uncluttered interface with all functions available to clients listed on the left-hand side. These neatly stacked buttons allow traders to change their personal details and password, make a deposit or withdrawal, enter the markets on any platform, upload documents and more. The main window of the client area displays a chart of a client’s account and balances, to provide a quick update on overall account performance. Launching the browser-based MT4 requires just click on the WebTrader button on the bottom left.
Those familiar with the MetaTrader4 will be comfortable in the web-hosted version on ROinvesting’s site, which features full functionality like the desktop version. Others will quickly learn the basics thanks to its clear layout, with the indicators and chart settings reachable from the top menu. All assets are presented on the left-hand side, and a left click on EURUSD, for example, can open a trade ticket complete with adjustable parameters (leverage, amounts, entry and exit points and more). For references on how to use any of the tools provided, ROinvesting probably has an eBook, article or video that will be especially relevant and helpful.
Final Thoughts
Though the broker is a relative newcomer in the industry, its trajectory is nonetheless promising. The best word to define ROinvesting is steady. Its no-nonsense value proposition is that all accounts gain access to the same instruments, reports, and trading tools, so that there’s no need to pay extra for trader essentials and every client has the same base ability as the next. For all that, ROinvestings CySEC-regulated ecosystem is anything but limiting, with over 250 tradeable instruments, no-commissions, and leverage available for retail investors of any experience level. Members will come to rely on the MT4, which is a great choice, but alternatively the broker’s own ROinvesting app provides a solid alternative.
While reliance on the MT4 should signal to some high-level traders that other brokers are a better option, ROinvesting caters to beginner, intermediate, and some advanced traders well. This is demonstrated capably in one of the more in-depth educational sections available, the inclusion of dedicated account managers for Gold accounts and beyond, and of course a friendly, prompt customer service department.
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