Summary of ROInvesting Trading Company
ROInvesting is owned by Royal Forex Ltd, a company registered in Cyprus. The broker's website mentions a CySEC (The Cyprus Securities and Exchange Commission) license number 269/15 dated 2015. However, it was not registered in 2015, like the ROInvesting company, but in 2018, which already indicates its fraudulent activities.
Additionally, this company owns several different domains, which is a common scheme among scammers.
The official ROInvesting website does not provide accessible information about fees and pricing in general. As a result, traders working with ROInvesting lose their investments. Clients claim that at first, everything looks normal and reliable. But as soon as it comes to withdrawing funds, ROInvesting invents various fees, insurances, and penalties to release the minimum amount. Some traders were not able to withdraw their money at all.
Due to numerous complaints and fraudulent activities, ROInvesting is blacklisted among Forex brokers.
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FAQs
Why has ROInvesting been placed on the Forex Broker Blacklist?
Possible reasons:
• multiple complaints have been filed against ROInvesting by traders claiming the broker failed to fulfil its obligations, including process withdrawals;
• the website of ROInvesting is down, not updated or operates with clear errors and some features are not available;
• ROInvesting has been blacklisted by the regulatory authority, and a warning has been published on the regulator’s website.
What should I do if ROInvesting got blacklisted and I still have money in my account?
Don’t panic right away. First, try to find out the reason why ROInvesting got blacklisted. The situation may be temporary. Contact Traders Union client service for details. If the situation is critical, try to withdraw money. The best way to do it in parts, so that the broker does not suspect that you want to withdraw your entire balance and close the account.
What should I do if I cannot withdraw my money from ROInvesting?
If your broker refuses to process withdrawals under various pretexts, your algorithm of actions is as follows:
• Get a clear response from the broker’s Support Service with reference to the clauses of the Terms of Use (User Agreement). Save your correspondence and download the transaction history from your account.
• With a full package of documents, appeal to the following organizations: the broker’s regulator or corresponding law enforcement agencies. If you make your deposit with a bank transfer, try to initiate a chargeback request.
• Share your situation on traders’ forums, add the broker to blacklists of various websites, as it will help others avoid the mistake.
Is there any chance to recover my money if ROInvesting is a scam?
On rare occasions, yes, for example, if the broker was a member of a compensation fund, or upon a court’s ruling.
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