ROinvesting is a Cypriot company that has been providing CFD trading services since 2017. Before that, the brand was called GMO Trading, and it has existed since 2015. While the broker promises unrivaled market experience, ROinvesting’s underrated rating raises some questions. Is he worthy of trust?
How did ROinvesting come about?
It is noteworthy that the service does not mention a word about its foundation. The website simply states that ROinvesting has been owned and operated by Royal Forex since 2015. The regulator is the Cyprus Commission CySEC, which is considered a loyal regulatory body and is not always able to provide an adequate level of protection of investors’ rights.
The platform also mentions that the site has received numerous awards for being the best CFD broker. Cooperation with AC Milan also reduces the likelihood of fraud. However, this does not exclude the possibility of getting redrawn quotes and widening spreads in favor of the ROinvesting broker.
ROinvesting brokerage services
The service not only ensures the safety of clients’ funds and their personal data, but also provides access to the Forex markets, trading indices and other instruments. Among the advantages that ROinvesting mentions on the official website, we can say the following:
- no commission costs for withdrawing funds and servicing transactions;
- over 350 assets and 10,000 markets;
- competent round-the-clock support – ROinvesting employees are ready to solve a client’s problem 24/5;
- available leverage up to 1:40;
- ultra-low spreads from 0.03 pips.
Flexible trading conditions of ROinvesting are accompanied by a minimum deposit of $ 250, which is a fairly acceptable entry threshold. At the same time, clients can trade on the classic MT4 terminal or open deals in a browser. Novice traders will learn to trade using the training center provided by the broker. It contains videos, articles, webinars, books and courses.
There are only three accounts, but, as the reviews say about ROinvesting, the broker encourages the opening of a training account for trading practice. Real clients are given the opportunity to open a swap-free ( Islamic ) account, master hedging and use a VPS server to trade advisors.
The broker also has an affiliate program, pays interest on attracted clients and credits bonus funds. Experienced investors can access trading signals and check the trading calendar for the most benefit.
With ROinvesting, withdrawals are possible to credit / debit cards and payment systems. Although the service has a transparent policy and provides complete information about trading conditions, users claim that the platform is “sinful” with slippages, jumps in spreads and delays in order processing. There are descriptions of problems with the withdrawal of funds.
