ROinvesting

Overview of ROinvesting

The online CFD and forex broker ROinvesting operates out of Cyprus. There, they have a registration with the Cyprus regulator, CySEC. Their parent company is Royal Forex Ltd. ROInvesting offers trading instruments such as Forex, Indices, Stock Market, Commodities, Cryptocurrencies, Metals and ETFs to the trading markets globally.

Pros and Cons

Pros:

Regulated by CYSEC: ROTrading is regulated by the Cyprus Securities and Exchange Commission (CYSEC). This regulatory oversight ensures that the platform operates in compliance with established financial laws and regulations, providing a level of trust and security for traders.

Various payment methods available: The platform supports multiple payment methods, giving users the convenience of choosing a method that best suits their preferences and needs.

Customer support services: ROinvesting provides customer support services to assist users with any inquiries or issues they may encounter during their trading activities. This ensures a higher level of user satisfaction and a more seamless trading experience.

Cons:

High fees charged: One potential drawback of ROTrading is that it charges higher fees compared to other platforms. Traders should consider these costs when evaluating the platform.

Regulatory Authority

The regulatory situation of ROinvesting is overseen by the Cyprus Securities and Exchange Commission (CYSEC). The exchange operates under regulation number 269/15 and is considered regulated. It holds an Investment Advisory License under the name Royal Forex Ltd. This regulatory oversight demonstrates the commitment of ROinvesting to adhering to industry standards and providing a secure and reliable trading environment for its users.

Security

Account segregation is practiced, which means that client funds are kept separate from corporate accounts. This ensures that even in the unlikely event of financial difficulties faced by the company, client funds remain protected and accessible.

All client funds are deposited in first-class global banking institutions, providing an added layer of security and trust. This ensures that funds are held with reputable financial organizations, which typically have stringent security protocols in place.

ROinvesting utilizes state-of-the-art technology to safeguard client information and funds. Encrypted communication data servers ensure that information exchanged between clients and the platform is protected from unauthorized access. SAS 70 certified data centers, known for their stringent security measures and best practices, house the servers, ensuring physical security of the data.

Secure Socket Layer (SSL) software is used to encrypt data transmission, further safeguarding client information from interception and unauthorized access. This encryption technology is widely used and trusted in the industry to maintain the confidentiality and integrity of data.

Firewalls are employed to protect against unauthorized access, while Level 1 PCI compliance service moderations ensure that stringent security standards are met for processing payment card information. This ensures that client payment details are handled and stored securely.

Cryptocurrencies Available

ROinvesting offer a range of cryptos for trading including Bitcoin, Ethereum, Ripple, and more.

Bitcoin (BTC): The first and most well-known cryptocurrency, often referred to as digital gold.

Ethereum (ETH): A decentralized platform that enables the creation of smart contracts and decentralized applications (dApps).

Ripple (XRP): A popular cryptocurrency that is often offered for trading on various cryptocurrency platforms. Ripple is both a digital payment protocol and a cryptocurrency token. It was designed to facilitate fast and low-cost international money transfers and enables borderless transactions.

How to Open an Account？

The registration process of ROinvesting involves the following steps:

1. Visit the ROinvesting website and click on the “Sign Up” button.

2. Fill in your personal information, including your full name, email address, and phone number.

3. Choose a username and password for your account and confirm the password.

4. Agree to the terms and conditions and privacy policy of ROinvesting.

5. Verify your email address by clicking on the verification link sent to your registered email.

6. Complete the Know Your Customer (KYC) process by submitting the necessary identification documents and any other required information.

Fees

ROInvesting cryptocurrency fees can vary, but most exchanges charge between 0.1% to 1% or more per trade. That means that if you've used $1,000 to invest in a certain crypto, the fee you will eventually pay for that transaction could be anywhere between $100 and $1,000. ROInvesting cryptocurrency fees include a fee for the Maker (which adds to the order book liquidity through limit orders) and Taker (which subtracts liquidity from an order book through market orders).

Payment Methods

ROinvesting offers multiple payment methods. This allows traders to choose the method that best suits their needs.

• 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.

Besides, ROInvesting does not charge deposit fees. ROInvesting does charge ROInvesting clients small withdrawal fees. Withdrawals fees vary between ROInvesting and ROInvesting alternatives depending on where you are located and how much money you are withdrawing. The time it takes for your withdrawal to arrive is determined by the method you used to make it. It's important to remember that this is the payment method you used to fund your ROInvesting account. Withdrawal requests can take up to three business days to be processed by ROInvesting.

FAQs

Q: Is ROInvesting a legitimate exchange？

A: ROInvesting is an exchange registered by CySEC.

Q: At ROInvesting, are there any regional restrictions for traders？

A: Yes. U.S. citizens are restricted from using ROInvesting in the United States.

Q: How much charged by ROInvesting？

A: It charges 0.1%- 1% fees for cryptos trading.

User Review

User 1: I've been using ROinvesting for a few months now, and overall, I'm happy with the experience. The platform feels secure, and I haven't had any issues with my account or personal information. It's also regulated, which gives me some peace of mind. The interface is easy to navigate, and I appreciate the simplicity. The only drawback is the limited selection of cryptocurrencies available. I wish they had a wider range to choose from. Customer support has been helpful whenever I've had questions, and the trading fees are reasonable. I haven't had any problems with privacy or data protection either. The deposit and withdrawal speed is decent, and I've been able to execute my orders without any hiccups.

User 2: I recently started using ROinvesting, and so far, my experience has been mixed. The security measures seem solid, and I haven't encountered any issues in that regard. However, the lack of transparency regarding regulation is a concern for me. I would feel more comfortable if they were more upfront about it. The interface is user-friendly, and I didn't have any trouble navigating it. But I wish there was more liquidity on the platform, as it can sometimes be difficult to execute trades at the desired price. The selection of cryptocurrencies is decent, but I would love to see more options added in the future. Customer support has been responsive and helpful, which is a plus. The trading fees are reasonable, but I wish they were more competitive. Overall, I'm satisfied with the privacy and data protection measures. Deposits and withdrawals have been processed in a timely manner, and the order types available suit my needs. I haven't experienced any major issues with exchange stability either.

Risk Warning

Cryptocurrency exchange investments come with inherent security risks. It is important to be aware of these risks before engaging in such investments. Cryptocurrency exchanges are susceptible to hacking, fraud, and technical glitches, which can result in the loss of funds. It is recommended to choose reputable and regulated exchanges, stay updated on security measures, and be vigilant in detecting and reporting any suspicious activities. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.