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ROIFX -

Score

1.35 /10
Danger

ROIFX

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://www.roitrader.me

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Score

Regulatory Index0.00

Business Index5.75

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

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

Single Core

1G

40G

open now

Regulatory disclosure

Danger

ES CNMV
2024-03-18
CNMV ISSUES WARNING TO THE PUBLIC ON UNREGISTERED FIRM
ROIFX

Broker Information

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Company Name

ROIFX LTD

Company Abbreviation

ROIFX

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2024-09-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

ROIFX · Company summary
Basic Information
Registered Countries United Kingdom
Regulation No License
Company Name ROIFX LTD
Minimum Deposit $5,000
Maximum Leverage 1:600
Minimum Spread N/A
Trading Platform N/A
Trading Assets Forex, Stocks, Commodities, Indices, Cryptocurrency, ETF
Payment Methods Bank Transfer, VISA, MasterCard, Bitcoin
Customer Support Email & Phone Support

General Information

Registered in 2021, ROIFX is a United Kingdom-registered forex broker, giving their clients access to a vast global financial market, including Forex, Stocks, Commodities, Indices, Cryptocurrency. ROIFX offers five different types of trading accounts, with the minimum deposit to open an account starting at $5,000.

When it comes to regulatory licenses, ROIFX, in Saint Vincent and the Grenadines, is completely devoid. Take into account the potential danger.

wikifx

Market Instruments

Six classes of trading assets are provided to clients who want to give a shot, including Forex, Stocks, Commodities, Indices, Cryptocurrency, ETF.

market-instruments

Account Types

ROI Standard accounts, ROI Premium accounts, ROI Gold accounts, ROI Expert accounts, ROI Platinum accounts are available accounts for all clients. However, to trade with ROIFX costs much, as the minimum deposit to open a Standard account is as high as $5000.

account-types
account-types

Leverage

When it comes to leverage, ROIFX provides its customers with access to 1:600, which is far greater than the levels regarded appropriate by many regulators, with the maximum leverage for major currencies up to 1:30 in Europe and Australia, and 1:50 in the United States and Canada.

Since leverage can amplify both gains and losses, it can result in devastating losses for investors who lack experience. If you're just starting out in the trading world, it's best to stick with the lower size, no more than a 1:10.

Customer Support

If you have any inquiries or trading-related issues, you can reach this broker through the following contact channels:

Telephone: +447464128931

Email: support@roifxtrader.com

Company Address: 20-22 Wenlock Road, London, London, England, N1 7GU.

Or you can also follow this broker on Facebook, Instagram.

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Pros & Cons

Pros Cons
Multiple trading accounts available No regulation
High minimum deposits
Poor customer support
Details of trading platform, spreads, commissions missing

Frequently Asked Questions

What trading instruments can I trade with on ROIFX？

Trading instruments offered by ROIFX include Forex, Stocks, Commodities, Indices, Cryptocurrency, ETF.

What account types does Morgan Finance offer？

Five types of trading accounts are available, namely ROI Standard accounts, ROI Premium accounts, ROI Gold accounts, ROI Expert accounts, ROI Platinum accounts.

What is the minimum deposit required by ROIFX？

The minimum deposit required by ROIFX is $5,000.

News

ExposureUnauthorized Entities On The FCA Warning List

The Financial Conduct Authority (FCA) has a list of businesses and persons it has identified as possibly operating without its authorization and oversight, or about whom it has concerns for other reasons. The list's purpose is to safeguard consumers and the integrity of the UK financial system by assisting them in avoiding doing business with these companies and persons. It is continuously updated, and customers are recommended to consult it before participating in any financial activities.

WikiFX
2023-01-23 16:36
Unauthorized Entities On The FCA Warning List

ExposureWikiFX Scam Alert: FCA Warns Against ROIFX!!!

The British regulator FCA has issued an official warning against ROIFX on January 20th!!!

WikiFX
2023-01-22 10:52
WikiFX Scam Alert: FCA Warns Against ROIFX!!!
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grayson
more than one year
From REGISTER NOW to my first trade everything is SMOOTH AND EASY.. and one of their representative named Cindy Hoffman guided me very well n made me feel that im in safe hands 🙂
From REGISTER NOW to my first trade everything is SMOOTH AND EASY.. and one of their representative named Cindy Hoffman guided me very well n made me feel that im in safe hands 🙂
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2023-05-31 16:47
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george miller
more than one year
I received a welcome call from Mr.Calvin Yager. The communication was incredibly professional and kind. He first informed me of the credibility of ROIFX as a regulated company. He also ensured I was well informed about the basic formalities, like the minimum deposit, before investing. He also expressed his availability should I need to contact him, as well as how to contact him. He also informed me of the customer service chat option for broker- related queries. I received truly professional and kind service. Thank you.
I received a welcome call from Mr.Calvin Yager. The communication was incredibly professional and kind. He first informed me of the credibility of ROIFX as a regulated company. He also ensured I was well informed about the basic formalities, like the minimum deposit, before investing. He also expressed his availability should I need to contact him, as well as how to contact him. He also informed me of the customer service chat option for broker- related queries. I received truly professional and kind service. Thank you.
Translate to English
2023-05-31 16:40
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