We all know and understand the difficult situation the entire world is going through, due to the crisis caused by the Coronavirus. However, in times of social quarantine, there are no excuses to remain inactive. And one of the best ways to stay on the move is by investing in cryptocurrencies. For what we need a trusted broker, then we are going to do a ROInvesting analysis.
Basic data ROInvesting
Foundation year: 2017
Registration country: Cyprus
Minimum deposit: $ 215
ROInvesting is one of the most reliable brokers in the world to make investments in different financial products, including indices, stocks, forex, ETFs, and of course cryptocurrencies. It is based on the island of Cyprus, so it would be subject to the regulatory standards imposed by the Mediterranean country.
By operating at ROInvesting we have one of the best trading platforms currently on the market, widely used within the countries of the European Union: MetaTrader 4. Likewise, ROInvesting also has an online platform, WebTrader, so that we can operate without downloading any program. additional, as well as an app for our phones based on MetaTrader 4.
In addition, and thinking about the finances of its clients, ROInvesting also offers the option of using a demo account. With it, ROInvesting users will be able to test new trading strategies without risking their money, either in WebTrader or MetaTrader 4.
Combined with a wide selection of books, courses and tutorials, it provides broker users with the tools they need to start investing.
Deposits and withdrawals
To start trading with ROInvesting you can make deposits in US dollars, euros or British pounds. Being the minimum deposit of $ 215, and accepting credit cards, bank transfers and virtual wallets such as Skrill, Neteller and Webmoney.
As for withdrawals, these are normally made within a period of less than 7 business days, depending on the platform selected to make deposits and receive payments. In addition, the withdrawal is not subject to any type of commission for active operators, while those who have not carried out operations before requesting their money, must make a payment of 50 euros or its equivalent.
Trading in ROInvesting
For its part, registering on the ROInvesting platform is quite simple. Only being necessary to enter your basic data and the documents requested by the Know-Your-Costumer policy to validate the account. A process that should take less than two business days if everything is in order.
Finally, and referring to the types of accounts available on the broker’s platform, we must mention three: “Silver” accounts with a maximum leverage of 1:30, “Gold” accounts with 1:30 leverage for retailers and 1: 500 for professionals, as well as a reduction in the swap of 25%. Finally, “Platinum” accounts with the same leverage, but a reduction in the swap of 50%.
This is combined with an Islamic version of the three accounts, which complies with Islamic Sharia Law, to provide a personalized trading experience according to the needs of each person. Respecting religious and cultural diversity even when it comes to financial investment.
ROInvesting Broker Analysis Conclusions
Having been founded in 2017, ROInvesting is one of the newest brokers on the market. Which is why he has so much to prove against other industry veterans with more than a decade of experience.
However, looking at their capabilities, as well as the options they offer their clients to facilitate their investments. We can understand why a soccer team like Milan AC is a partner of the platform. As well as the reasons why it won the best European CFD broker award for 2020.
So the ROInvesting Broker is one of the most reliable to carry out operations in these days of quarantine.