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Score
Cyprus
5-10 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Quantity 1
Exposure
Score
Regulatory Index0.00
Business Index6.98
Risk Management Index0.00
Software Index4.00
License Index0.00
Single Core
1G
40G
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Company Name
Royal Forex
Company Abbreviation
Roinvesting
Platform registered country and region
Cyprus
Company website
Company summary
Pyramid scheme complaint
Expose
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.
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.
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.
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.
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.
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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