The Oinvest review for the discerning trader – is the broker good enough

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    The Best Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education.
    Free Demo Account.
    Get Your Sign-Up Bonus Now!

  • BINOMO
    BINOMO

    Recommended Only For Experienced Traders!

One more step

Please complete the security check to access scambroker.com

Why do I have to complete a CAPTCHA?

Completing the CAPTCHA proves you are a human and gives you temporary access to the web property.

What can I do to prevent this in the future?

If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware.

If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices.

Another way to prevent getting this page in the future is to use Privacy Pass. You may need to download version 2.0 now from the Chrome Web Store.

Cloudflare Ray ID: 5815b7b49da57b5f • Your IP : 188.64.173.24 • Performance & security by Cloudflare

Oinvest Review – 5 things you should know about oinvests.co.za

Don’t put all your eggs in one basket. Open trading accounts with at least two brokers.

Oinvest is a South African forex and CFD broker, offering 49 currency pairs and a good selection of CFDs, covering a wide variety of asset classes form commodities, indices and stocks to crypto coins and precious metals.

Among the forex pairs some are with exotic currencies like Honk Kong Dollar, Singapore Dollar, Danish Krone, Hungarian Forint, Norwegian Krone, Polish Zloty, Swedish Krona, Turkish Lira, Mexican Peso, Russian Rubble, South African Rand and Israeli Shekel.

We also counted CFDs with nearly 20 indices, over 170 stocks, a number of energy and agricultural commodities like oil, natural gas, cocoa, coffee, copper, corn, cotton, orange juice, soy beans, sugar and wheat, precious metals including gold, silver, platinum and palladium and even crypto coins, most notably Bitcoin, Ether, Ripple Dash, Bitcoin Cash, Bitcoin Gold, Monero and Litecoin.

Oinvest trading conditions

The benchmark EURUSD spread is as low as 0,7 pips, which is quite tight as the broker does not take a commission on the trade.

In the same time the maximum leverage offered by Oinvest is as high as 1:500 and can easily accommodate even the most aggressive trading strategies.

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    The Best Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education.
    Free Demo Account.
    Get Your Sign-Up Bonus Now!

  • BINOMO
    BINOMO

    Recommended Only For Experienced Traders!

Since the European Securities and Markets Authority (ESMA) caped the maximum leverage allowed with forex trade in the European Union to 1:30 in the beginning of August and since similar restrictions are already in place in the US and Japan, the only reliable regulators, still allowing more generous leverage remain the Australian Securities and Investments Commission (ASIC) and the South African Financial Sector Conduct Authority (FSCA), where Oinvest is licensed.

Still, have in mind that while higher leverage may help you score good profit with a relatively small deposit, it also makes your investment much more vulnerable to market fluctuations.

Oinvest trading platforms

At Oinvest you can choose between an internet based Web Trader platform and the MetaTrader4.

MetaTrader4 has always been a good solution for professional and beginner traders alike. The well known platform features multiple market indicators, various charting tools and an option to run automated trading sessions with the help of specially designed trading bots or Expert Advisors.

Oinvest regulation & safety of funds

Oinvest is owned and operated by BASFOUR 3773 (PROPRIETARY) LIMITED, a company based in Cape Town, South Africa and regulated by the local Financial Sector Conduct Authority (FSCA).

FSCA, along with respected financial watchdogs like the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC) or the Cyprus Securities and Exchange Commission (CySEC) enforces a strict and yet balance regulatory regime.

FSCA licensed brokers for example are required to keep all clients’ money in a segregated, protected form creditors account.

Also, all brokers under the jurisdiction of the South African regulators are obliged to maintain a certain minimum capital adequacy ratio, which gives traders additional security.

Oinvest deposit/withdrawal methods and fees

As most other brokers Oinvest accepts payments with major credit or debit cards like VISA and MasterCard, bank wire and popular e-wallets like Neteller, Skrill and VPay.

And while Oinvest does not specify a minimum deposit requirement, it is generally advisable to invest at least 250 USD so that you can support a sufficient margin to sustain any significant moves against your position.

The comprehensive Oinvest review for the interested trader

Minimum deposit

Bonus

Maximum leverage

Year founded

Regulation

Trading platform

MT4, Webtrader, Mobile

Welcome to the world of Forex investment in South Africa, Oinvest, and let us get started on finding out whether you are good or not. The way we are going to go about this is pretty standard. First, we are going to ask “is Oinvest legit” and then we are going to look in all the places we expect to discover that it is indeed, not legit. After that, we are going to look at all of the other aspects of the company, such as what it has to offer in terms of a trading platform and the kind of user experience they offer in terms of customer support. So, let’s get to finding out whether Oinvest scam is a thing or no. Spoiler warning: we think it is not, we actually think it might be good.

Oinvest.co.za review of the surface

The first thing anybody ever gets to see of a broker is their website. In the case of Oinvest, we get to see something that you don’t see too often in South Africa, especially from smaller and more recent brokers. The website is actually well designed! The website itself is not huge overall. The developers and designers instead decided to keep the website relatively small, but easy to access. So that the users won’t be spending an hour or two looking for solutions or answers to their questions. Instead, they will be finding better organized and faster to access pages, and information that is not hidden under layers and layers of links. This is a great advantage that many of the users and we especially can definitely appreciate. For one thing, it makes our jobs that much easier, and on the other hand, it’s just faster to work that way for the brokers themselves.

Navigation around the website is easy and quick. This is thanks to the fact that there is a very efficient navigation menu that will deliver the user to any part of the website quickly and without issue. The information is provided simply and clearly. The images used do not overpower the information and the design does not get in the way of navigation. Overall, the Oinvest rating goes up simply because it is pretty well designed and does not suffer from the issues that some of the other websites in the industry do. To be honest, the rating goes up simply because the website is designed well enough to make the thought of an Oinvest scam pretty impossible. These guys have invested too much time and money in it to be a fraud.

The platform and what they have to offer

There are several platforms for trade that the company offers to its traders. Oinvest MT4, the web trader and the mobile trading platform are all very welcome alternatives to try and trade with. While the variety of platforms is not too wide, it provides the users with a nice range of choice that you don’t usually see with small brokerages like these. The users will be able to access these platforms whenever and however, so they have the freedom to trade as they wish, whenever they wish. The fact that there is even a mobile trading platform makes the entire process of trade much easier for those who do not have the ability to remain at their computers the whole time.

The company also offers the opportunity to work with three types of accounts. The accounts are silver, gold, and platinum and are successively better in their terms, as compared to the one before. The reason there are three types accounts is simple – Oinvest Forex broker is trying its best to separate those who should be taking risks and those who should be careful in their trades. So that only those with a Platinum account will be able to trade with high leverage and will be encouraged to trade at any point they wish to. This is done by allowing Platinum users to enjoy lower spread and higher leverage. To receive the Platinum rating, the user will have had to have deposited a certain amount of money on their account.

The other account types have access to lower leverage and higher spreads, which results in the traders being less encouraged to make every trade they think of, and limits their ability to trade with leverage, protecting them from getting themselves in trouble. While we still think that this is a bit of a bizarre way to go about “protecting” your users, it’s better than not having any limitations in place. We are not going to make this a part of the positive rating though, so, boohoo. It also does not, in any way, change our Oinvest opinion.

The website also offers an educational source, which allows users to educate themselves on the subject of Forex trading right there, on the website. This is a very welcome initiative, as many South African traders have not had the ability to access trading information easily. With the broker’s initiative, at least some will be able to spend time learning about trading, acquiring new skills, and getting better at trading. This is also another reason why we think that there is no way Oinvest fraud is a possibility.

Are there other Oinvest reviews online?

Yes, yes there are, and they make us very happy. The reason they make us happy is that there are not that many of them so we don’t have to look too much for them, and thath they are mostly positive, which is why we think the company is actually a force for good in this industry. A whole bunch of positive reviews and a few negative ones, means that the company has a lot of good to offer to the world and that it can be trusted. Why do we think that the answer to the question of “can Oinvest be trusted” is yes? Because, despite the broker being goo, there are still bad reviews that talk about lost money. People who are angry over bad trades may leave a bad review simply because they didn’t get what they wanted. The company is not trying to silence these people or to get rid of these reviews, so we believe the company can be trusted to tell the truth.

The company has also been licensed by the FSCA, which as you know, our favorite local financial regulatory body. Good stuff, really, since the FSCA is doing its best to crack down on all the baddies in the region. As a result, our Oinvest opinions are even higher than they were before. Good stuff, guys!

In the end

So, in the end, we believe that Oinvest FX brokerage is one of the better ones online. These guys have a whole lot to offer to their users, and even though they could use some improvement, such as getting better at offering users equal terms and becoming bigger and more able to support their traders, they still get a good rating. You know, since they are not a scam.

The Oinevst review with benefits described in detail

Minimum deposit

Bonus

Maximum leverage

Year founded

Regulation

Trading platform

MT4, Webtrader, Mobile

The number of brokers seems to be ever changing and ever increasing, and the addition of the Oinvest Forex broker to the list is a welcome one. After all, any good broker is welcome to the mix. The market is already seemingly oversaturated with companies that are simply there to lie and deceive potential clients. Thankfully, there are more and more companies like Oinvest entering the market. While not the greatest thing to happen to the Forex industry, these companies are able to provide their clients with a respectable service that users will be able to enjoy without an issue. While exploring the nature of Oinvest and the type of operations it conducts, we have decided that it is one of the better opportunities for Forex trading in South Africa.

Is Oinvest legit?

The first thing we do, when trying to determine that answer to this question, is whether the company presents itself appropriately. Appropriate presentation implies that the broker has done its best to allow its users a smooth experience of interacting with them. The first level of interaction with their clients is through the website that the broker has. The Oinevest.co.za website is designed rather well. The combination of the blues and whites might remind some of Facebook, but the way the two are combined is not in any way reminiscent. The design is rather pleasant, with the pictures being present on the website in order to support the information provided on there, instead of supplementing it. The page is easy to navigate and provides access to all parts of the website simply. The navigation menu is basic, and easy to use so that the users won’t be hassled in the process of figuring out how to get to one or another part of the website. The entirety of the information about the company is easy to access and acquire, whether it be licensing information or about the offers they have for their users. This results in us having very nice Oinvest opinions from the get-go.

The entire website is rather small, with only a few pages. This makes it rather easy to find the information you need, and it also makes the entire relationship with the website simpler. It is easy to get in touch with the support team, who will get back to you relatively soon. The broker is small right now, so they might be overloaded at times, which is why they might take time replying to you. But on the other hand, the small size allows the company to establish stronger relationships with their clients. As a result, the Oinvest FX brokerage has a seemingly personal relationship with their clients, which is not something you will get to see often in the industry. In the end, we have discovered that at the two initial stages of engagement, Oinvest is legit, even if a little slow in response time.

Oinvest review of spreads, leverage, and platform.

In their scramble to produce a unique opportunity for their traders, Oinvest has invented the bicycle, again. The broker now offers a tiered system of levels, in terms of the advancement of the user, depending on the deposit they make with the broker, initially. The three tiers are Silver, Gold, and Platinum, and each offers benefits over the other. The users that choose to be of a higher tier will be able to access better deals. Users with a Platinum account will be able to trade with lower spread values, making trading cheaper for them, and higher leverage, which might result in higher returns on their investment. They will also be able to enjoy certain platform benefits, such as news alerts and a free VPS. The Gold and Silver account types will have relatively wider spreads and lower leverage, but the users will still be able to enjoy the potential for a high rate of return.

The tiered system might seem like a “Pay to win” situation that many gamers have criticized over the years. In reality, it is a way to protect traders from themselves. Only those who are able to afford large investments will be able to access high leverage when Forex trading. This way to the broker is making sure that the traders are not inexperienced and can actually afford to trade with the money they are planning on trading with. Although there could be other safety measures installed to protect the people from themselves, the tier system might be more or less useful in this purpose.

There are a number of platforms that the broker offers to their users. The one that is most popular is Oinvest MT4, but the broker also has a web trader and a mobile platform, which are all easy to use. All three platforms are well organized and built and have been highly regarded by the users of the platform. Each has their own preference, but the MT4 platform is by far the most popular. still, the relative versatility that the broker provides to its users is highly appreciated and puts it a step above other brokers in the country.

User Oinvest reviews and licensing

One of the best things that Oinvest has going for it is the fact that the majority of the reviews online are positive. This is not something that happens often and is usually only possible as a result of the company being rather young and performing its duties rather well. Oinvest is a rather young company, but it has managed to keep its reputation very clean, thanks to the fact that they treat their users very well, as mentioned before. This has resulted in the majority of their users coming out and saying that the broker is definitely one of the better online. There are, of course, negative reviews as well, but the presence of those only means that the company is legit. There is no single company in the world that has only positive reviews. In a way, the presence of such commentary answers the question “can Oinvest be trusted?”. The fact that they are not going around and trying to get rid of negative reviews means that the company understands the importance of honesty and that they can, in reality, be trusted.

The broker has a license from the FSCA, the South African financial regulatory body in charge of overseeing any kind of financial company that operates within the country’s borders. This license guarantees that the company does its best to comply with the rules and that it has done everything it can, in order to not be fined. The FSCA is a relatively trustworthy regulator that is not well known internationally but has a growing presence, now that the South African Forex markets are coming more and more to life. A license provided by this body guarantees that Oinvest scam is not something you need to worry about.

The bottom line

While the company is relatively young it has managed to create for itself a status as a reliable and worthwhile broker. The number of users leaving positive reviews for it is rather impressive. The broker has a number of points that are impressive to us and result in us creating quite a positive rating for it, but the lack of Oinvest fraud does not mean that the company is the best. There are things that it can improve on. Some time needs to pass before we are able to assign the title of the best to the company, so for now, only a three to four-star level rating will be what the company receives.

Best Binary Options Brokers 2020:
  • BINARIUM
    BINARIUM

    The Best Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education.
    Free Demo Account.
    Get Your Sign-Up Bonus Now!

  • BINOMO
    BINOMO

    Recommended Only For Experienced Traders!

Like this post? Please share to your friends:
Binary Options Brokers, Signals and Strategies
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: