Score

1.50 /10
Danger

Roinvesting

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

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Exposure

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Score

Regulatory Index0.00

Business Index6.90

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Royal Forex

Company Abbreviation

Roinvesting

Platform registered country and region

Cyprus

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 3
Previous Detection : 2024-09-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The CyprusCYSEC regulation (license number: 269/15) claimed by this broker is suspected to be clone. Please be aware of the risk!

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Pyramid scheme complaint
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Roinvesting · Company summary

General Information & Regulation

Roinvesting, a trading name of Royal Forex, is allegedly a broker based in Cyprus that provides its clients with PC, the Web and mobile trading platforms, flexible leverage up to 1:200, low spreads on over 350 tradable assets, as well as a choice of three different account types and 24/5 customer support service.

Market Instruments

Roinvesting advertises that it is a multi-asset platform with more than 350 trading instruments in financial markets, including forex, indices, stocks, cryptocurrencies, commodities, metals and ETFs.

Market Instruments
Market Instruments

Account Types

There are three live trading accounts offered by Roinvesting, namely Silver, Gold and Platinum. However, there is no minimum initial deposit amount for any type of account specified.

 Account Types

Leverage

Retail traders and professional traders can enjoy quite different maximum leverage ratios. The maximum amount of forex leverage provided by Roinvesting is 1:30 for the retail account and 1:200 for the professional account. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

Roinvesting claims that the spread starts from 0.0003 pips and all charging zero commissions.

Trading Platform Available

When it comes to trading platforms available,Roinvesting says to give traders the technology-powered trading terminals, as well as Webtrader and Mobile App. The Webtrader features an intuitive interface, one-click trade options and multilingual support. Traders can Trade from their favourite browser without any preliminary downloads or installations. While Mobile App is full compatibility with iOS and Android which enables traders to trade anywhere and anytime. Anyway, we suggest you use MT4 or MT5 as the trading platform. MetaTrader is the most popular forex trading platform, which the traders praise for its stability and trustworthiness. It features sophisticated trading tools such as Expert Advisors, Algo trading, Complex indicators and Strategy tester. Metatrader created a marketplace with currently 10,000+ trading apps the traders can utilize to achieve better results.

Trading Platform Available
Trading Platform Available
Trading Platform Available

Deposit & Withdrawal

From the logos shown at the foot of the home page on Roinvestings official website, we found that this broker seems to accept numerous means of deposits and withdrawals choices, including PayPal, Visa, V Pay, Verified by Visa, MasterCard, Maestro, MasterCard SecureCode, Skrill, Neteller, SafeCharge, MIR Limited, Wirecard, DECTA, Payvision, SSL, orange pay, INPAY, e-merchant pay, Trustly, power cash and Paysafe.

Deposit & Withdrawal
Deposit & Withdrawal
Deposit & Withdrawal
Deposit & Withdrawal
Deposit & Withdrawal

Fees

Roinvesting also charges different kinds of fees. Whether for retail accounts or professional accounts, they both will be charged the spread fee, the overnight financing fee, the currency conversion fee, etc. More specific information can be found in the following screenshot.

Fees
Fees

Customer Support

Roinvestings customer support is available Monday to Friday from 07:00-16:00 GMT by telephone: +357 26257522, email: support@roinvesting.com, live chat or send messages online to get in touch. Besides, you can also follow this broker on some social media platforms like Twitter, Instagram, YouTube, Twitter, Facebook and LinkedIn. Company address: Archiepiskopou Makariou III, 88 Ground Floor 1077, Nicosia, Cyprus.

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实干成就梦想
more than one year
Unfortunately, I was misled by this fake Roinvesting. Truly, my blindness began my terrible trading journey on this platform. This broker manipulated the price and blocked my trading account. As you can guess, I lost a big amount here. Writing this review here, I hope more people can avoid this broker.
Unfortunately, I was misled by this fake Roinvesting. Truly, my blindness began my terrible trading journey on this platform. This broker manipulated the price and blocked my trading account. As you can guess, I lost a big amount here. Writing this review here, I hope more people can avoid this broker.
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2023-03-20 17:22
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FX1369279165
more than one year
Do not invest in Roinvesting! Be sure to stay away from this company or you will regret it! Withdrawing funds in this company requires paying high handling fees. Terrible company!
Do not invest in Roinvesting! Be sure to stay away from this company or you will regret it! Withdrawing funds in this company requires paying high handling fees. Terrible company!
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2023-03-10 18:36
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