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ROinvesting Review for Those in Search of Online Trading
We are pleased to announce that AC Milan and ROinvesting have entered into a sponsorship agreement with immediate effect. ROinvesting are now listed on the clubs official website as an authorized Partner.
We are pleased to announce that AC Milan and ROinvesting have entered into a sponsorship agreement with immediate effect. ROinvesting are now listed on the clubs official website as an authorized Partner.
ROinvesting is an online broker offering CFD trading on a range of assets, including forex, stocks, commodities, cryptocurrencies, and gold. The broker prides itself on offering access to a range of global markets for both retail and professional clients.
ROinvesting began operating in 2017, with its regulation coming from CySEC and its headquarters in Nicosia, Cyprus. ROinvesting is a Royal Forex Ltd brand, which is an investment firm from Cyprus.
Traders will likely wonder whether to invest with ROinvesting . Continue reading this ROinvesting review to determine whether it meets your criteria and if you should open an account.
Strengths
- Leverage is available up to 1:500.
- ROinvesting offers more than 300 CFD assets.
- ROinvesting is licensed and regulated by CySEC.
- The broker offers multiple platforms, including a WebTrader, MT4, and a mobile version.
Weaknesses
- All assets offered are CFDs.
What can you trade?
£500
Min Deposit
Good
App Support
1:30
Max Leverage
A ROinvesting forex review will indicate that the broker offers more than 50 forex pairs, including majors and minors. There is also education on trading forex available via the website.
Spreads on forex pairs can be as low as 0.7 for those who hold Retail Platinum Accounts or 0.6 for those with Professional Accounts. Forex leverage for professional clients can be up to 1:500, depending on account type. For retail investors, it can be up to 1:30, the highest you will find in any ROinvesting forex review due to EU regulations.
£500
Min Deposit
Good
App Support
1:30
Max Leverage
Any ROinvesting CFD review will point out that this is the strongest aspect of this broker, as all of the tradeable assets are part of a ROinvesting CFD review. As such, hundreds of CFDs are available, including forex pairs, cryptocurrencies, stocks, and commodities.
In terms of CFDs for commodities, if you review GMOTrading, you will see 15 commodities. Spreads for gold can be as low as 0.37 for professional clients and 0.15 for retail clients, while spreads for crude oil can be as low as 0.02 and 0.15, respectively. The figures on most CFDs can be found in this GMOTrading review in their specific sections.
£500
Min Deposit
Good
App Support
1:5
Max Leverage
A ROinvesting UK review will outline that the broker offers CFDs of the most common stocks, including educational information on stock trading. Trading stock CFDs lets investors go short or long, offering diversification and profits during downturns. Stock offerings include at least 140 stocks from the NYSE, NASDAQ, Frankfurt Stock Exchange, XETRA Frankfurt Stock Exchange, Toronto SE, Hong Kong Stock Exchange, London Stock Exchange, Borsa Italiana, Bolsa de Madrid, EURONEXT Paris, NASDAQ OMX Nordic, and Moscow Stock Exchange.
Leverage on stocks for retail clients can be up to 1:5 from ROinvesting, while it can be as high as 1:20 for professional clients.
£500
Min Deposit
Good
App Support
1:1
Max Leverage
As you review ROinvesting, you will see it offers futures for over a dozen indices, from the DAX 30 Index Future to the Nasdaq100 Index Future.
The minimum variable for Dax is as low as 0.9 for retail clients and 0.87 for professional clients.
£500
Min Deposit
Many
App Support
1:2
Max Leverage
A ROinvesting cryptocurrency review should make it clear that the broker does not let you directly trade cryptocurrencies. Instead, it offers crypto CFDs. This prevents the need to buy cryptocurrencies outright.
This ROinvesting cryptocurrency review indicates that traders can use at least 20 cryptocurrency pairs. There is also some educational information regarding crypto CFDs.
What did our traders think after reviewing the key criteria?
A ROinvesting review indicates that the broker does not charge commissions; instead, it relies entirely on spreads to make a profit. This assists traders since it makes the cost of trading more predictable. Another positive note in this ROinvesting review is that the broker is highly transparent in terms of its spreads and other fees, including those professional swap charges.
Retail and professional clients can take advantage of variable spreads, which depend on the type of account that a client has. The spreads for the Platinum accounts are highly competitive, while those for Silver accounts leave some room for improvement. For transparency, ROinvesting lists the relevant spreads for each asset on its website. The broker even provides information on calculating charges and the cost of spreads.
A ROinvesting UK review outlines three types of accounts, each available for professional or retail clients. Islamic accounts are available for all account types.
There is also a demo account that is free to use for 14 days.
All professional accounts require a minimum deposit of £5,000 or 5,000 of the base currency. All retail accounts require a minimum deposit of £250.
Professional Silver accounts have EUR/USD spreads as low as 2.1, leverage up to 1:200 for forex, hedging, fifth decimals, and full customer support.
Professional Gold accounts bring the EUR/USD spread as low as 1.2 and increase forex leverage up to 1:400. They also add access to videos and webinars, as well as a dedicated account manager, discounted swaps, and discounted spreads.
Professional Platinum accounts can have EUR/USD spreads as low as 0.6 with leverage up to 1:500.
Retail Silver accounts have EUR/USD spreads as low as 2.4, leverage up to 1:30 for forex, and the same value-added services as professional accounts of the same level.
Retail Gold accounts reduce the minimum EUR/USD spread to 1.4 and add the same additional services as Professional Gold Accounts.
Retail Platinum accounts drop the minimum EUR/USD variable to 0.7.
This ROinvesting review outlines the ways the broker offers access to trading via its WebTrader platform, MetaTrader 4, or the mobile ROinvesting application.
The WebTrader allows traders to execute their orders in a single click and does not require any installation or download to use. This platform includes live charts and analysis, allowing users to view all of their closed and open trades. It also includes visual trends and offers trading cubes that let traders view lot sizes, assets, and prices.
The MetaTrader 4 platform is a strong offering in a ROinvesting review, as it is among the most popular trading platforms. It has highly advanced analysis and charting tools and is something that most experienced traders will be familiar with.
MT4 also offers built-in indicators, as well as the ability to develop indicators, something most traders appreciate in a ROinvesting forex review. The platform also makes it simple to enter orders via a user-friendly interface. Additionally, MT4 is known for its reliable encryption, offering security to ROinvesting clients.
Finally, ROinvesting offers a mobile application for both Android devices and iPhones. It was created to include multifunctional features and a user-friendly interface. Traders can use this mobile platform to open new transactions, monitor investments, and track global trends, both micro and macro. The inclusion of a dedicated mobile application allows traders to continue using ROinvesting on the go, letting them react immediately to market news.
Most ROinvesting reviews will agree that the broker’s website is simple and intuitive to use, with a clean design and professional image. The layout and font combine to convey professionalism.
The main menu has major categories, such as “Trade,” “CFD Trading,” “Education,” “News,” and “ROinvesting Info,” each of which is a drop-down menu. This arrangement allows for intuitive navigation, whether looking for account information, spreads, or available assets. Some information, such as deposit methods, is harder to find.
ROinvesting offers slightly less customer support than many other brokers. There is no FAQ page, and the support staff is only available during work hours, according to the Contact Us page. However, elsewhere on the website, ROinvesting indicates that clients have access to full 24/5 customer support. This ROinvesting UK review has determined that the broker makes up for this confusion with the ability to contact customer support in several ways.
The broker’s customer service can be reached on weekdays between 7:00 and 17:00 GMT. Contact can be done via live chat, an online contact form, the phone, email, or sending a letter to the physical address.
The toll-free phone number provides ease of access for traders, another positive for this ROinvesting review. UK traders should keep in mind that the physical address of ROinvesting is in Cyprus, and there is no indication of a UK address. As such, contact sent via snail mail may take several days, and there is no option to physically visit a local office.
As ROinvesting appeals to international traders, the broker offers multiple payment methods. This allows traders to choose the method that best suits their needs. Unfortunately for those who like to review payment methods before opening an account, ROinvesting does not display deposit methods or wait times without logging in. There is no fee from ROinvesting for deposits.
Card payments
The primary payment method accepted by ROinvesting is card payments. The broker supports Maestro, Visa, and MasterCard, including Verified by Visa and MasterCard SecureCode.
Bank wire transfer
Wire transfers are supported, as well.
E-wallets
There is support for the most popular e-wallets, including Skrill, WebMoney, and Neteller. Support for e-wallets varies by region, but can also include iDeal, Rapid Transfer, POSTEPAY, and PayPal.
A review of cryptocurrency and other asset trading on ROinvesting will likely point out the range of offers from the broker, from educational materials to the demo account.
The demo account is free for 14 days, providing traders with the ability to test out the platform and review ROinvesting themselves.
Our ROinvesting review also appreciates the extensive selection of educational resources available, including videos on demand. These are divided by category, including for beginners, advanced traders, terms, and MetaTrader. ROinvesting also offers a full selection of 13 e-books suitable for all skill levels, with some including beginner strategies, advanced strategies, and technical analysis.
The broker additionally offers courses on four topics: trading strategies, trading tools, beginners’ course, and CFDs and stocks. There are also MetaTrader tutorials available, so traders do not need to find outside resources. These educational resources are supplemented by a range of articles on various relevant topics, from cryptocurrency investments to long-term investments to trading strategies, another positive in this ROinvesting review.
ROinvesting also has an economic calendar, an expected feature that most traders require from a broker. It includes the expected features, such as descriptions, countries, times, and colour-coded categories.
As ROinvesting is based in Cyprus, it is regulated by CySEC, the Cyprus Securities and Exchange Commission, a strong point in a ROinvesting UK review. It follows license No. 269/15. ROinvesting is the trading name for Royal Forex Ltd, which owns and operates it.
The Cyprus-based regulation of ROinvesting allows traders to invest with peace of mind, knowing that the broker must meet the highest standards of security. This also indicates that ROinvesting is regulated within Europe. However, many other brokers do offer regulation by multiple organisations around the world.
To supplement the regulation, this ROinvesting review praises the steps the broker takes to secure funds. It practises account segregation, fully separating client funds from corporate accounts. All client funds are deposited in first-class global banking institutions.
ROinvesting also uses state-of-the-art technology to protect funds and client information, including encrypted communication data servers, SAS 70 certified data centres, and SSL software.
To review ROinvesting, you must examine rewards, of which the broker has several. Global Brands Magazine honoured it in the Awards 2018 as the Best Customer Service Broker in Europe. FXDailyInfo.com honoured ROinvesting as the Best Trading Experience in 2019.
The minimal number of awards to date should be considered in context in a ROinvesting CFD review. The broker is only several years old, not enough time to have accumulated many awards.
ROinvesting FAQs
ROinvesting is the brand name of Royal Forex Limited, a Cyprus-based CFD broker, authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC). The tier-I regulations in Europe not only make them trustworthy when it comes to the safety of your deposits, but it also guarantees that the broker comes under stringent data protection and client privacy laws. Besides, the multiple order execution venues ensure ample liquidity and speedy order execution, leading to low latency trades.
ROinvesting is a Cyprus Securities and Exchange Commission (CySEC) regulated broker. Besides, the execution venues of the broker also come under stringent regulations as stated below
- OBR Investments Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission.
- Bayline Investments Ltd is under the regulations of the International Financial Services Commission, in Belize.
- CTRL Investments Ltd, a New Zealand based firm, is regulated by the Financial Markets Authority and the Australian Securities & Investments Commission.
Yes, ROinvesting offers a free demo account that is valid for 14-days. However, to sign-up for the demo account, you have to first create an account with the broker by filling out the complete registration form. At the end of the registration process, you would have a choice to either go to the client area or practise. Choose the latter to access the ROinvesting demo account.
ROinvesting offers a choice of three account types: Silver, Gold, and Platinum. The minimum deposit for retail clients is at $250/€250/£250. However, if you are a professional client, you have a higher minimum deposit. Besides the swap discount, VPS and customised news, the key differences in the three accounts are in the trading conditions.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% 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.
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Forex Trading Knowledge Questions and Answers
Table of Contents
Forex Trading Knowledge Questions and Answers
What Is A Demo Account?
Demo accounts enable new investors to test their ideas and learn how to use trading technologies without risk. Users can use the demo account to trade with simulated money and see what their returns would be if they traded with real money. Demo accounts are often used in schools and universities to teach investing and compete in trading competitions.
Demo accounts are commonly used by stock traders, currency exchange traders, and commodities dealers, but not by long-term investors. A demo account is less effective since the longer it takes to produce earnings from an investment, the more time it takes away from compounding real money.
How Does A Demo Account Work?
Using demo accounts, investors can practice trading on a platform without putting their own money at risk. You will not be exposed to the dangers associated with live trading platforms on a demo account. As a result, you can learn how platforms work without putting your money at danger.
A demo account guarantees that you will not lose money, but it also guarantees that you will not make money. To reduce risk when trading on the real market, traders must learn discipline and establish techniques.
How to Open A Demo Account?
In general, opening a demo trading account is pretty simple. Choose a Broker – Most brokers provide demo trading interfaces to help you become acquainted with the features and create techniques. Choose which broker to use initially.
Registration is necessary, and you must provide your personal information. Name, address, and financial information will be requested. Your identification will almost certainly have to be validated as well.
Once you’ve decided on a broker, you can install MetaTrader4. Once you have decided on a broker, you will require a trading platform. MetaTrader 4 and MetaTrader 5 are the most popular trading platforms.
You will obtain login details after registering with a trading program. You will be able to open an account.
How Long Do Demo Accounts Last?
Traders can use a demo account to test out a program for up to three months before deciding whether to purchase the complete edition. The three-month term is basically offered to guarantee that the prospective buyer has enough information to make them desire to buy.
Why Is It Necessary to Open A Demo Account?
Traders can use a demo account to test out a program for up to three months before deciding whether to purchase the complete edition. The three-month term is basically offered to guarantee that the prospective buyer has enough information to make them desire to buy.
What Are Advantages of A Demo Accounts?
Demo accounts are an excellent method to learn about various trading tactics and software. Paper trading is a lot safer way for a beginner investor to make technical mistakes than real trading. Investors can benefit from the customised trading software provided by each firm.
A demo account lets you to test methods without risking any money, whether you are a novice or an experienced trader. Trading on a demo account allows the trader to test the approach before trading with real money.
Even though many traders begin with equities, commodities and Forex can be profitable. The same strategies, however, may not be applicable in all three asset groups. A demo account allows experienced traders to experiment with several asset classes.
The Differences Between Demo & Live Accounts
A forex demo account is distinct from a genuine account in that it is utilised as a training account for traders to practise trading without putting real money at risk. Real accounts, on the other hand, use actual money, and traders put their own money at risk. A demo account enables users to trade with fictitious money in order to imitate the earnings they would receive if they traded with real money. Demo accounts are often used in colleges and institutions to teach investing and compete in trading competitions.
However, studies have shown that even if a person has obtained extensive trading expertise through the use of virtual accounts, things may turn out differently when real money is involved. Because you are not putting anything at risk is more accessible when dealing with virtual money than when trading with actual money.
Can I have Multiple Forex Demo Accounts?
You may be able to open up to five demo accounts depending on the broker. Some, however, provide up to 19 demo accounts. There is no way to predict how many demo accounts are available at any particular time. All brokers do not limit the number of demo accounts.
If your broker has a demo account limit, you can contact their customer service via email or live chat to request more demo accounts.
There are brokers who will only allow you to open one account of each type per email address.
As a result, you are not able to establish any additional accounts until you give them with another email address or open a new account. Traders do not benefit from this practise because it requires them to spend their resources on opening new accounts rather than allowing them to open as many as they like.
In most circumstances, you won’t need more than five accounts, and depending on your plan, one may enough.
In any case, you should practise on a demo account until you are really proficient.
Is A Demo Trading Account Free?
Demo platforms are usually free. There is no risk of losing money because you will not be dealing with real money. As a result, there are no deposits, withdrawals, or training fees involved.
How to Choose Forex Accounts?
Different accounts have different settings. Before you open a trading account, you should answer the following questions:
How much money do you want to put down? You should keep in mind that trading with money you cannot afford to lose is not a good idea.
What is your level of risk tolerance? If you are a cautious trader, you can open a micro account and trade micro-lots. However, if you wish to trade more aggressively, you should open a regular account.
Do you require any specialised equipment? Many forex brokers provide their best trading tools to its professional clients, which may include cutting-edge news analysis or access to a diverse set of indicators.
Once you’ve determined what kind of trader you are, your trading objectives, and your risk tolerance, you’ll be able to choose which account is best for you.
Can I Take Money Out of a Demo Account?
Unfortunately, the answer is no. Demo accounts are only for practise purposes. You do not deposit anything because the account is not funded with real money.
As a result, any profits you would have made would be ineligible for withdrawal.
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AvaTrade introducing 3 new crypto pairs
AvaTrade introducing 3 new crypto pairs – updating 3 others
AvaTrade has yet again improved their cryptocurrency trading offering.
AvaTrade is introducing three new cryptocurrency pairs: NEOUSD, EOSUSD & MIOTAUSD in addition to the 15 crypto assets already on offer.
These new pairs have been available since July 1st, 2019 and provide an excellent opportunity to diversify your clients’ portfolios and increase their exposure to this vibrant 24/7 market.
Asset | Typical Spread | Leverage | Margin | Min Nominal Trade Size |
NEOUSD | 1.5% Over-market | 2:01 | 50% | 10 |
EOSUSD | 2% Over-market | 2:01 | 50% | 10 |
MIOTAUSD | 1.5% Over-market | 2:01 | 50% | 10 |
To unify their cryptocurrency instrument labels, They are relabeling their existing Ethereum, Ripple & Litecoin instruments, by replacing the existing instruments with new USD labelled ones:
Asset | Old Symbol | New Symbol |
RIPPLE | XRP | XRPUSD |
ETHEREUM | ETH | ETHUSD |
LITECOIN | LTC_Mini | LTCUSD |
These new pairs have also been available since July 1st,
The trading conditions for each one is identical to those of the older respective assets they replace.
Effective immediately, new positions are only available on the new pairs.
Avatrade Clients will not be able to open new positions on the old assets, but those already open will remain unaffected until July 29th.
Existing positions on XRP, ETH and Litecoin-mini that remain open on July 29th will be automatically replaced with corresponding positions on the new pairs, , at the same opening price and at no cost to clients.
as any broker that values their clients would do , Avatrade makes sure that the clients will not be affected by the change.
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Neteller Launches Cryptocurrency Exchange Service
Table of Contents
Neteller Launches Cryptocurrency Exchange Service
Neteller one of the most known Digital fiat currency wallet provider , has started allowing its users to buy, sell, and hold cryptocurrencies including BTC, BCH, ETH, ETC, and LTC.
They do this on the large scale with a pilot in 10 countries and soon another 50 countries to join . They understand that if you do this effort it will only succeed if you can do this on a global scale.
Neteller and Cryptocurrencies
Neteller is a service which is operated by Paysafe Financial Services Ltd.,
founded in 1999, Paysafe Financial Services entered the market with the mission to provide an online alternative to the known traditional payment methods.
Most of the traders aiming us now neteller as one of the companies through which we made our deposits and if we had any profits also our withdrawals. A couple of years ago they left the Forex and Binary industry behind since the charge-back issue became just too expensive.
But as any companies knows, if you do not adept you die. The binary option market is all but dead and the Forex industry has moved also into the directions of the cryptocurrencies. thus, neteller understands that this is where the future is.
So Lasts week they announced that they are now offering a wallet with buy and sell cryptocurrency options.
As of today, Neteller users can buy, hold and sell cryptocurrencies via a recognized cryptocurrency exchange including bitcoin, bitcoin cash, ethereum, ethereum classic and litecoin, purchased using any one of 28 fiat currencies available in the Neteller wallet.
It may not seem so exciting but for many users that love this service it actually is. More and more currencies will be added making them an true exchange in the near future.
Now one is able to fund their neteller account through many different means (Mobile, Epay, Paysafecard, local bank deposits, and bitcoin)
We think that will make the threshold for many people, who would want to buy or sell cryptocurrencies, lower. This in return is a good thing for the overall acceptance of the cryptocurrencies in the mainstream of every day life.
Conditions for buying and selling cryptocurrencies through Neteller
The rates offered are somewhat in the lower middle of the current market making them go for the save route. The average market rates on the major cryptocurrency exchanges differ all in all not that much anyways, as this is not the main reason to choose to buy Bitcoin through Neteller
The minimum cryptocurrency purchase or sale amount is “approximately equal to 10 EUR,” the firm clarified, adding that the maximum amount depends on the transaction limits associated with each account.
When You open an account with Neteller you have to choose your default currency. This is of course for most people in accordance on their geographical locations, people in Britain will go for the pound most Europeans go for the euro and pretty much the rest of the work goes for the US Dollar, thou other currencies are available
The fee is 1.5 percent for purchasing and selling cryptocurrencies from wallets with EUR or USD as the default currency.
The fee rises to 3 percent for wallets with other default currencies.
Neteller | Why is this a good move for neteller and one that we should expect from other online Payment providers as well ?
At this moment till last week Neteller users can pay, get paid on thousands of sites, and send money around the world through their system.
The company claims to have “millions of point-of-sale, ATM and online locations” for users to withdraw or spend their cash.
Last July 25, Paysafe ( which as you remember is the company that owns Neteller
We could now see that this was like their test run on this concept.
We do not know the numbers that Skrill produced since they offered this service but it must have been encouraging enough for Paysafe to include their flagship brand in this endevour.
We will see where this leads but we are hopeful that this is the next step in global acceptance to the cryptocurrency revolution. Let me know what you think
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