Your capital is at risk
81% of retail CFD accounts lose money
ROInvesting is a multi-platform trading powerhouse that specializes in Contracts for Difference (CFDs). It is owned and operated by Royal Forex Limited, a company which is based in Cyprus and duly authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC). In line with its operating licence, ROInvesting forms part of an Investor Compensation Scheme. Whilst some client exceptions do apply, this is generally seen as an additional benefit to choosing this platform over another which doesn’t offer such protection.
Your capital is at risk
This ROInvesting review will provide you with an all-rounded description of what you can expect from the platform. Whilst every effort has been made to provide updated information, changes may occur. As a result, we highly recommend you visit ROInvesting before signing up to this platform.
There are several reasons why ROInvesting is considered to be a safe platform where you can trade and store your funds. Since it is regulated, the platform must comply with several safety and security requirements, which include account segregation. This means that the company cannot use client funds to pay for administrative or operational expenses.
In addition, ROInvesting has installed firewalls and Secure Sockets Layer (SSL) software that protects data during communication. The platform’s trading servers are physically located within SAS 70-certified data centres, and all transactions are moderated under Level 1 PCI compliance services.
These and other confidential measures ensure that ROInvesting provides a safe trading environment. As a result, the platform has never been a victim of a successful cyber-attack, and it maintains a reputation for safety and reliability.
ROInvesting offers three platform options to choose from, depending on your preferred method of trading. If you already have knowledge and experience using the award-winning MetaTrader 4 platform, you will be able to use it with an ROInvesting account. Alternatively, you can opt for the ROInvesting Webtrader or Mobile App. Whilst the website advertises both an Android and iOS app, we could not locate the iOS version at the time of writing.
The platform specialises in CFDs – advanced financial instruments that allow traders to benefit from an asset’s price movement without owning the asset itself. There are several advantages to trading CFDs over trading assets, including efficiency. Cryptocurrency CFDs are becoming increasingly popular among traders since you don’t need to own Bitcoin or Altcoins in order to profit from their price changes. In addition, by investing in Bitcoin CFDs instead of actually buying the coin, you don’t need to worry about storing it securely.
Cryptocurrency CFDs are just one of several markets offered by ROInvesting. With a single account on this platform, you will be able to trade Forex CFDs, along with Indices, Stocks, Commodities, Metals, and ETFs. Depending on the market and corresponding asset, ROInvesting gives traders access to leverage, which allows you to open larger positions by borrowing funds.
Investing in CFDs is considered to be a high-risk investment since leverage magnifies your potential losses. Before you start trading CFDs you must be aware of the risks involved and be able to afford any resulting losses. If you are not ready or able to handle these risks you should consider alternative, lower risk investment opportunities. 86% of our retail investor accounts lose money when trading CFDs.
With a ROInvesting account, you can store fiat currency in between trades. Since the platform does not allow you to buy or sell cryptocurrencies directly, it does not offer a cryptocurrency wallet. Similarly, you are not able to send or receive digital tokens on your account.
The ROInvesting website is intuitive and user-friendly. With a few clicks, you can get easy access to view the platform’s fees, legal documents, and market information. Creating and accessing your account is equally easy.
For retail customers, ROInvesting offers three distinct account types:
Each type would suit the trading preferences of different traders by offering a variety of benefits, including increasing leverage and swap discounts. In addition to these retail accounts, you can also apply for a professional account, as long as you fulfill certain criteria.
In order to create a new account on ROInvesting, all you need to do is:
At this point, your account has been created but is yet to be verified. In order to complete this step, you need to provide identification documents. More information on these is provided in the ‘Verification’ section of this ROInvesting review.
In line with its licence, ROInvesting requires all traders to verify their identity before they can make any trades. The platform implements a simple and straightforward verification process that lets you verify your account within a short period of time. You can complete this important step during registration or at a later stage. ROInvesting verification is split into two sections:
Once submitted, documents are reviewed by the ROInvesting compliance team. The team normally confirms an account within 48 hours, but the process may take longer depending on the volume of requests.
The following example will show you how to buy Bitcoin CFDs using the MetaTrader 4 platform.
Once an order has been opened you can close it, even partially, whenever you wish. To do this, all you need to do is:
ROInvesting offers a good selection of cryptocurrency CFDs to invest in. It in fact offers 21 different cryptocurrencies to be paired with traditional currencies. What is more, when paired with fiat currencies, each pair (30+) has its own spread and maximum leverage. Amongst the most popular cryptocurrencies you will find:
The full list of supported cryptocurrency CFDs is available on the ‘cryptocurrency markets’ section on ROinvesting’s website.
ROInvesting is available across the globe with a few exceptions. You can open an account with the platform if you live in the EU, UK, Canada or Australia, amongst many other countries.
Since CFD trading is banned in the United States, users from this country cannot create an account with the platform. Users from UN-sanctioned countries are also banned.
In line with normal practice, ROInvesting charges fees from its users in order to generate an income.
ROInvesting is very proud of the fact that it does not charge any commissions on trades. As a result, the main fee you will be charged to open or close a position is the spread. The value of the spread varies by asset and is not shown separately from the asset’s buy or sell price.
Warning: Since CFDs are complex instruments, they always come with a high risk of losing money rapidly due to leverage. 87% of retail investor accounts lose money when trading CFDs with this provider. Hence, it is advised for you to fully understand how CFDs work and make an informed decision based on your research. It is up to you to decide whether you are willing to take the high risk of loss of assets or not. To find out more information about the risks in trading on this platform, it is highly recommended for you to check their disclosure page.
Depending on your payment method, ROInvesting has set a minimum and maximum deposit value. In most cases, the minimum deposit is €215, whilst the maximum varies between €5,000 and €30,000. Before making any deposit you will be notified of the respective limits. Whilst there are no set minimum or maximum withdrawals, ROInvesting reserves the right to limit one’s withdrawals on suspicion of money laundering or fraud.
Limits on leverage and investment vary depending on the asset. This information will be available on your order screen.
ROInvesting has entered into partnerships with some of the most popular payment providers. This has resulted in a varied range of convenient methods, which can be broken down into:
As was shown earlier in this ROInvesting review, the platform takes user security very seriously. When you create an account, you are encouraged to pick a password that is strong and difficult to guess. Whilst the platform does not yet offer two-factor authentication (2FA), it offers sufficient security measures to keep users safe.
Getting in touch with the customer support team at ROInvesting is very easy, with a convenient live chat option available five days a week. Alternatively, the platform lets you submit a ticket or send an email. There is also a telephone number which is available.
ROInvesting’s website is full of helpful pages, including an entire section dedicated to educating yourself on investments. Video tutorials and information about the company and fees are also easily accessible.
Since CFDs are complex instruments, they always come with a high risk of losing money rapidly due to leverage. 86% of retail investor accounts lose money when trading CFDs with this provider. Hence, it is advised for you to fully understand how CFDs work and make an informed decision based on your research. It is up to you to decide whether you are willing to take the high risk of loss of assets or not. To find out more information about the risks in trading on this platform, it is highly recommended for you to check their disclosure page.
Both platforms are regulated and specialize in offering CFDs on a user-friendly and versatile platform. There is a similar range of markets to invest in, and fees are on par, with no deposit or commissions charged. At $100, AvaTrade‘s minimum deposit is significantly less than that of ROInvesting and the platform offers 2FA to protect its users. Whilst both platforms are regulated, only ROInvesting offers a compensation scheme.
As a CFD trading platform, IQOption offers many similar features to ROInvesting. Both platforms are available on mobile and give users access to cryptocurrencies, Forex, indices, and more. Although IQOption is a regulated platform, it does not offer a compensation scheme, whilst ROInvesting does. Users looking to make small investments might prefer IQOption since the minimum deposit is only $10.
As one of the world’s largest CFD trading platform, Plus500 offers significantly more assets than ROInvesting, making it a better platform for professional investors. Both platforms are regulated and part of a compensation scheme, offering free deposits and, in most cases, free withdrawals. Plus500’s minimum deposit is only €100, and whilst both platforms offer a good choice of payment methods, Plus500 includes PayPal.
ROInvesting is a well-rounded CFD trading platform offering choice, convenience, and security. The award-winning company is a good place to invest in cryptocurrencies and other markets without owning the underlying assets. Fees are reasonable and transparent, supported by a good choice of payment methods. Whilst there might not be any amazing features to boast about, ROInvesting is a good way to invest CFDs.
86% of retail CFD accounts lose money
To close your ROInvesting account you should get in touch with the customer care department.
To make withdrawals you can choose between bank transfers, card payments or eWallet transfers.
You can find your ROInvesting trading history by visiting your customer dashboard.
Common reasons why a document is rejected include incorrectly scanned images, unclear information or expired data.
Yes, in line with ROInvesting’s operating license you can open a trade dispute if you feel there are sufficient grounds to do so.
Plus500 is one of the leading trading platforms that offer CFD trading in shares, indices, forex, cryptocurrencies, ETFs and options.
Plus500UK Ltd authorised & regulated by the FCA (#509909). 80.5% 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.
AvaTrade is one of the reputed EU-based FX/CFD platforms which offers CFD trading in stocks, commodities, cryptocurrencies, forex, ETFs, and indices.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.