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ROIFX Spreads, leverage, minimum deposit Revealed

WikiFX | 2023-01-16 17:17

Abstract: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.

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.

Related broker

No Regulation
ROIFX
Company name:ROIFX LTD
Score
1.45
2-5 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.45

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