More than 10,000 markets
ROInvesting is a CySEC-regulated broker that allows you to trade forex and CFDs on mobile and desktop. It boasts 350 trading assets, robust safety features, and the MetaTrader 4 trading platform. It certainly sounds impressive, which is why our ROInvesting reviewers were keen to see what else the broker offered.
In this review, we’ll give you the information you need to decide whether ROInvesting is the right broker for you. This includes an in-depth look at the broker’s fees, which can be as low as 0.03 pips. You’ll also find out why our experts deem ROinvesting one of the best brokers around for beginner traders.
Learn more about this award-winning broker
ROInvesting launched in 2017, and it is a trading name of Royal Forex Ltd Cyprus Investment Firm (CIF), which is based in Cyprus. The broker is also an official partner of AC Milan.
Our review of ROInvesting found that the forex broker has won numerous awards, despite its relatively brief history. BrokerCheck.es named it the Best CFD Broker Europe in 2020 and FXDailyinfo.com named it the Best Forex Broker CFDs in 2020.
When you trade with ROInvesting, you can trade forex, metals, cryptocurrencies, shares, indices, ETFs, and commodities, all with zero commissions and tight spreads. If you’re interested in the growing CFD and crypto markets, this broker is a great choice. There are 33 crypto CFD pairs available, several times as many as most competitors.
Trade in confidence with regulation from CySEC
ROInvesting is the trading name of Royal Forex Ltd. This company is licensed by the Cyprus Securities and Exchange Commission (CySEC), under license number 269/15, and is also a registered Cyprus Investment Firm (CIF).
When you trade with ROinvesting, you’re also protected by the Investor Compensation Fund (ICF), provided you fall into the ‘covered client’ category. This entitles you to up to €20,000 or 90% of your lost funds (whichever is lower) in the unlikely event of insolvency. ROInvesting also complies with MiFID II and stores all client funds in segregated accounts with first-class banks. This further ensures your money is always secure.
Choose an account type to suit your trading style
You can review ROInvesting forex broker’s three main account types here. Our experts tested each one with their own funds and created easy-to-read overviews to save you time. Simply pick the one that suits your needs best.
- Silver accounts – Access to 350+ assets, 24/5 customer support, minimum spreads of 28 points, leverage of up to 1:30, over 20 webinars, and videos, and a vast education center.
- Gold accounts – Access to the same trading conditions as the Silver account but with decreased spread fees starting from 20 points (around 0.05 pips), a 25% swap fee discount, and the addition of dedicated account managers.
- Platinum accounts – Reduced minimum spreads of 18 points (around 0.03 pips), a 50% swap discount, free VPS hosting, and news alerts.
All account types also come with negative balance protection and a minimum deposit limit of $250. You can also convert all of them to Islamic accounts if you are following Sharia Law. These accounts have no swap charges.
If you prefer to test out ROInvesting before committing, our reviewers recommend choosing to use a demo account first. These come loaded with $100,000 of virtual currency and last for 14 days. This is also beneficial if you want to test trading strategies as few brokers offer a similar length on their demo account.
Finally, if you are a high-volume trader, have a large amount of capital, and fulfill ESMA requirements, you may also be able to open a Professional account, which gives you increased leverage of up to 1:500.
Pros and cons of trading with ROInvesting:
- No commissions on trades or deposits
- Extensive range of educational materials
- Trade over 350 assets in 6 classes
- No ECN accounts available
Fair Trading Conditions Without Gimmicks
As you review ROInvesting broker, you will notice that there are no bonuses. This allows ROInvesting to deliver the highest quality of service and the best offers to all clients. It also helps ROInvesting maintain its status as a top broker without any gimmicks.
Avoid surprises with transparent costs
Trading fees at ROinvesting include only spreads and swaps as there are no commission fees. Spreads start at 28 points for Silver accounts, 20 for Gold accounts, or 18 points for Platinum accounts. If you prefer spreads in pips, this works out as starting from 0.05 pips for Gold and 0.03 for Platinum.
You’ll find that overnight swap rates are competitive, especially since you’ll receive a 25% discount on them if you hold a Gold account, or 50% if you have a Platinum account.
In terms of non-trading fees, ROInvesting does not charge any deposit fees. Most withdrawals do not have fees either, but you may incur charges for withdrawing less than €100 or if you have only made one or no trades before the withdrawal.
You should also be aware of inactivity fees. Our ROInvesting review team found that these were higher than average, starting from €160 after 61 days of inactivity. This rises to €120 after 91 days, €200 after 181 days, and €500 after 271 days. Luckily, you can easily avoid these fees by making a single trade or closing your account.
Payment methods to meet your needs
You can deposit funds into your ROInvesting online forex broker account in USD, GBP, or EUR. You can choose to deposit with a debit or credit card, bank transfer, or an e-wallet. Deposits made by debit and credit cards are processed within seconds while it takes up to 24 hours to process deposits via e-wallets, and up to five business days for bank transfers.
There are no withdrawal limits. Withdrawals may take as long as seven business days, depending on the credit card company or bank processing the payment.
Trading platforms from MT4:
As you review ROInvesting forex broker’s platform offerings, you will notice that they are all different forms of MetaTrader 4. The broker allows you to use it via your preferred device easily, as it supports the downloadable MT4 software, WebTrader (MT4 for in-browser trading), and MT4 mobile applications.
With these platforms, you can enjoy one-click operations, trading signals, over 20 analytical tools, and 30 built-in technical indicators. Technical indicators include moving averages, Fibonacci retracements, and more.
You can also choose from instant execution, two market orders, four pending orders, two stop orders, and the trailing stop. The software also features multiple chart windows, price alerts, and built-in live chat.
Trade on the go with ROInvesting
As you review ROInvesting’s website and platforms, you will appreciate that they are all highly mobile-friendly. The website is fully-functional on mobile devices as well as desktops, allowing you to register, deposit, and contact customer services on the go.
In terms of trading, ROInvesting online broker makes it as easy to trade on a mobile device as on a desktop, thanks to the MetaTrader 4 mobile application. This is available on both iOS and Android devices.
Support for cross-platform trading is provided too. You can begin trading on your smartphone or tablet, switch to your desktop via the downloaded or web platform, or vice versa.
Improve your trading skills with educational materials
Opening an account with ROInvesting online forex broker gives you access to an extensive range of educational resources. While there is training for all experience levels, most of it will be perfect for you if you are a beginner trader.
The broker offers you multiple learning courses, covering topics like trading strategies, social trading, trading tools, a beginner’s course, the trading market, and CFDs and stocks.
If you prefer to learn at your own speed, the Articles Portal at ROInvesting is well-organized and mostly features beginner-friendly articles, with some topics including how to buy shares, what is CFD trading, and about indices.
ROinvesting’s Videos on Demand section has numerous videos for beginners and advanced traders alike. You can also find platform tutorials in the Tutorials section. You can also find 10 fully downloadable eBooks.
Finally, our reviewers are sure you will appreciate ROInvesting’s webinars, which cover a range of topics such as trading strategies, technical analysis, and trading with indices. You can also learn more about specific markets such as the Apple split history and safe-haven gold.
Contact customer support through multiple channels
Before you contact customer support, we encourage you to review ROInvesting forex broker’s FAQ section. This section is well-organized and offers clear, concise answers to the most common questions.
If you still have questions, customer support is available from 07:00 to 17:00 GMT. You can send an email to support, call them on the phone, use live chat, or fill out the contact form.
In our experience and existing user broker reviews, customer support responds quickly and offers useful answers. Support seems knowledgeable and does not just copy and paste answers from the FAQ.
Our final verdict
In the course of our review of ROInvesting forex broker, our team confirmed that this is a trusted forex broker that should appeal to a range of clients, including beginners. If you’re a new trader, we’re sure you’ll benefit from the vast amount of educational resources available and the free demo account.
Overall, ROInvesting is a trustworthy broker to use. Thanks to CySEC regulation and multiple risk management tools, you can invest with confidence. Register with ROInvesting now to start trading within minutes.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84% of clients’ accounts lose money when trading CFDs with this provider.
Frequently Asked Questions (FAQs)
Is ROInvesting a regulated broker?
Yes, our review of ROInvesting found that the broker is regulated by CySEC (the Cyprus Securities and Exchange Commission). This allows it to offer services to EU clients and means that, if you’re considered to be a ‘covered client’, you will be protected by the Investor Compensation Fund too. This CySEC initiative ensures that you are eligible to claim up to €20,000 worth of compensation if the broker goes bust.
What account types does ROInvesting offer?
ROInvesting offers three main live account types: Silver, Gold, and Platinum, each of which has tighter spreads and more benefits than the last. All of these accounts are available as Islamic accounts, and the demo account is valid for 14 days. There are also Professional accounts for experienced traders.
Does ROInvesting offer a bonus?
Since ROInvesting focuses on offering all clients a top-notch and regulated trading experience, it does not limit perks via promotions or bonuses. That said, Gold and Platinum account holders do receive discounts on swap fees at 25% and 50% respectively.
What is ROInvesting minimum deposit?
The minimum deposit at ROInvesting is just $250. This is an accessible amount for most traders and it’s a sensible amount too. As you’re trading leveraged products, it’s important to have enough funds in your account to avoid wiping it out in a single trade.
Is ROInvesting secure?
Yes, ROInvesting is regulated by CySEC and has a good reputation in the industry. It also uses SSL encryption for data security, and stores client funds in segregated accounts. These features combine to make it highly secure.