ROinvesting Review: Is Ro Investing a Legit or Scam Broker? - Topedgefx.com

ROinvesting Review: Is Ro Investing a Legit or Scam Broker?

Welcome to ROinvesting review. ROinvesting is the trading name of a company called Royal Forex Ltd.

Ro Investing offers trading in a variety of Forex CFDs on the good old MT4 trading platform.

In addition to this, the broker provides trading CFDs on Crypto, Commodities, Stocks, Indices and Metals.

The one important thing to note is that this broker holds a valid CYSEC license, meaning that they’re regulated by Cypriot authority.

By comparison, these two brokers are doing well so far in terms of features and customer service.

RoInvesting is promising its clients technological innovation, security of funds and trading environment, technical and intellectual education in addition to inspiring traders ambitions.

ROinvesting review

While all of these promises can seem impossible to achieve at once, it appears that RoInvesting has consistently worked towards achieving this goal.

Therefore, today’s review will focus on the broker’s features as well as advantages which traders can enjoy when they choose Ro Investing as their preferred broker.

Before you even open an account with the broker by following this link, you need to read our review and at least go through the “advantages” section of our review.

RoInvesting Review

There are several obvious benefits of trading with this broker and we’re going to cover them one by one in our review.

We already know that they offer a variety of trading assets which suit the needs of their clients depending on what they prefer to trade.

It’s quite frustrating to deal with other CFDs brokers because they either limit access to financial assets based on account type or don’t offer other assets altogether.

However, it appears that RoInvesting is providing this variety throughout their account types.

They have 3 account types so far which we’ve listed below for your viewing pleasure.

[tabs][tab title=”Silver Account”]Minimum deposit: $250

Spreads: 0.07 minimum spread

Leverage: 1:30

Islamic Trading account: Yes

Hedging: Allowed

[/tab] [tab title=”Gold Account”]Minimum Deposit: Not Applicable

Spreads: From 0.05 minimum spread

Leverage: Up to 1:400 for professional clients

Dedicated Account Manager: Yes

Swap Discount: 25%

Hedging: Allowed

Islamic Trading Account: Yes

[/tab] [tab title=”Platinum Account”]Minimum Deposit: Not Applicable

Spread: 0.03 minimum spread

Leverage: Up to 1:500 for professional clients

Dedicated account manager: Yes

Swap discount: 50%

Free VPS: Yes

Customized investment news: Yes

Hedging: Allowed

Islamic Trading Account: Yes

[/tab][/tabs]

RoInvesting seeks to solve a problem that tends to plague most swing traders who hold positions overnight or for many days.

The problem is about high swap fees which can quickly eat into one’s earnings.

With the Platinum account type, swap fee discount is 50% which means that trading holding overnight positions no longer have to worry of paying a hefty price just to wait for their trades to take a profit.

Advantages of RoInvesting broker

They’re regulated in Europe

At the start of this ROInvesting review, we mentioned that this broker is regulated by CySEC and also operates under MiFID II.

Regulation is good indicator that a Forex broker is reliable and professional and then good news is that ROInvesting is a fully licensed Forex broker.

With a CYSEC license, it means they’re entitled to accept clients from all over European Union and the EEA.

This is exactly what the broker is doing.

With a CYSEC license, it means they’re entitled to accept clients from most of European Union countries and the EEA. This is exactly what the broker is doing. However, they can’t accept clients in the USA.

Therefore, this is the best assurance you can get concerning a Forex broker like RoInvesting.

MetaTrader 4 is part of the package

We know that a Forex broker is never complete without providing MT4 platform for trading.

This is what RoInvesting has decided to do; to offer MT4 software in addition to WebTrader and Mobile app.

With MT4 trading platform, traders are exposed to a number of advantages which include access to in-depth market info, charting capabilities, API connectivity (for those wanting to use copy trading software), Forex expert advisor integration (find good ones here) and so much more.

Maximum transparency

RoInvesting has talked about all the fees they charge as well as spreads.

This information is often ignored by some brokers yet it does always matter to traders wanting to know how much they’ll pay to trade with a broker.

We love this transparency because it makes us psychologically prepared and it’s also a good indicator of the level of reliability and transparency a broker can provide its clients.

RoInvesting scores highly in this category.

Generous Leverage

We’ve seen their generous leverage and thought to ourselves that while leverage is good, it has the potential to damage your trading if not properly used.

Minimum deposit in ROInvesting is 250 USD, the company does not specify how much potential client has to deposit in case if he wishes to have Gold or Platinum account.

On the other hand, you should take note of the fact that high leverage can ruin your trading and send you packing.

As a word of caution, please please don’t use high leverage if you don’t know what you’re doing.

Demo account is available for all traders after registration. In this case remove this part of the review.

Note:

Risk Warning: 84% of retail investor accounts lose money when trading CFDs with this provider.

You should consider whether you can afford to take the high risk of losing your money.

Conclusion

RoInvesting is a decent broker because they’re fully regulated and secondly, they seem to offer a wide variety of trading instruments.

Since they offer MT4 trading in a technologically-sound trading environment, why not try their service and see how it goes.

You can do so by opening a trading account with RoInvesting here.

Thanks for reading our review. We look forward to your feedback regarding the same.

One Response

  1. Albert Maxwell June 5, 2020

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