71% of retail investor accounts lose money, …
Oinvest is making waves in the CFD trading business. Although being just two years old (founded in 2018), it has swiftly established a reputation for a secure MT4-based trading environment and a wide range of in-demand assets.
Clients in South Africa love Oinvest not just for its foreign exchange pairings, cryptocurrencies, stocks, and commodities trading, but also for its partnership with the Financial Services Authority (FSA) Seychelles, the broker’s regulatory agency.
With many ways to properly deposit and deploy funds across global markets, a large library of educational resources and references is required, which Oinvest effortlessly provides.
Oinvest is a South African broker that was established in 2018. The company’s head office is in Cape Town, and it is owned by the parent company, Balfour 3773 (proprietary) limited. It allows users to trade from wherever they want, including on the fly.
Many of these brokers operate in the market, combining value with selection and high-quality tools to provide their customers with the greatest possible trading experience. However, brokers can differ in terms of the number of currency pairings they offer, leverage, and the regulatory authority they are governed by.
Oinvest is one of the few reputable brokers that offer CFD trading online and other trading instruments like Forex, commodities, indices, and cryptocurrencies. They also place a high priority on user security when conducting online trading transactions. Overall, they promise their users a complete trading solution that handles all parts of trading.
As a result, it is crucial to assess the quality of an online brokerage before employing its services. In addition, because of the rise in fake websites posing as online brokerages, it’s become even more important to double-check each brokerage’s credibility.
On its website, Oinvest provides three account tiers but does not explain how to get to each of them; presumably, the number of deposits will unlock a higher level:
All three account types are elaborated below in a table:
Features | Siver Account | Gold Account | Platinum Account |
Account Currencies options | ZAR, USD | ZAR, USD | ZAR, USD |
Leverages Up to | 200:1 | 400:1 | 400:1 |
Minimum Depoite limit | $250 | $500 | $500 |
Spreads | Start from 2.2 pips | Start from 1.3 pips | Start from 0.7 pips |
Commission | 0 | 0 | 0 |
Decimal Pricing | Upto 5 Decimals | Upto 5 Decimals | Upto 5 Decimals |
Swaps/Rollovers | Yes | Yes | Yes |
Min. Lot Size (Per Trade) | 0.01 | 0.01 | 0.01 |
Max. Lot Size (Per Trade) | 50 | 50 | 50 |
Demo Account | Yes | Yes | Yes |
Free Swaps and Rollovers | Yes | Yes | Yes |
Copy Trading | No | No | No |
It’s easy to open a trading account. There are only six steps to take. To gain access to the trading platform, you can skip some of the procedures at first, but you must complete all of them to trade. This usually takes no more than two business days.
To open an account at Oinvest, follow these six steps:
Step 1: On the upper right corner of the website, click the ‘Open Account’ option.
Step 2: Fill in your name and surname, as well as your cell phone number, email address, and password. You agree to the terms and conditions, risk disclosure, and privacy PO by checking the policy and then clicking the ‘Continue’ button.
Step 3: You can either deposit funds now or wait and do so later by clicking the ‘Not Now’ button.
Step 4: Submit your verification papers, or select ‘Not Now’ to postpone the process.
Step 5: Use the codes and URLs supplied to each to confirm your cell phone number and email address.
Step 6: Start trading after you’ve funded your account.
One of Oinvest’s well-known capabilities as a broker is asset coverage. Because of the large selection of assets available, all traders will be able to trade the items they choose.
Contracts for Difference, or CFDs, are the instruments of choice in this case. CFDs have become the favored form of trading in many markets because they provide traders with various advantages. Oinvest offers five asset classes and over 350 different CFDs to trade. More further information is given below:
Forex: Over 45 distinct currency pairs, ranging from majors such as the EUR/USD and USD/JPY to minors such as the EUR/GBP.
Cryptocurrencies: Currencies are the newest asset class, and their popularity as a trading tool has skyrocketed. Of course, it has 33 crypto-crosses to choose from.
Indices: There are 15 main worldwide indexes available at Oinvest, many of them having extended trading hours.
Commodities: Broker offers a wide range of commodities in addition to crude oil and gold. Commodity CFDs are available in 17 different markets, including copper, soybeans, sugar, and coffee.
Stocks: Traders can profit from CFDs on 194 different worldwide stocks, with leverage as high as 1:50.
Many traders will be relieved to learn that Oinvest does not charge commissions instead of relying on spreads to generate revenue. There is no commission for deposits or withdrawals; however, there is a hefty inactivity fee that traders may not be aware of. Overall, this broker’s pricing structure is simple and transparent.
Traders who utilize leverage can borrow money from their broker and use it to establish a greater position in an asset. Leverage is very frequent in forex trading, but it has also become very popular in CFD trading as the business has grown in popularity. Leverage has the advantage of magnifying a trader’s profits on a winning position. Traders at Oinvest can make use of leverage on the following CFD products:
Forex: 1:500
Cryptocurrencies: 1:2
Indices: 1:125
Commodities: 1:125
Stocks: 1:50
Oinvest offers a variety of deposit and withdrawal options, so everyone should be able to find something that suits their needs. However, it’s worth noting that Oinvest requires a minimum initial deposit of $250.
Following that, no matter which method you use, the minimum deposit and withdrawal amounts are $100. The deposit and withdrawal methods and deposit time frames are listed below. Please keep in mind that all withdrawals take seven business days to process.
Clients can pick between the WebTrader, desktop version, and mobile version of Oinvest’s trading platform, which is the award-winning MetaTrader 4. The versions are synced, so no matter which instance you’re using, you’ll see the same information. Place a trade on your PC and then close it from your mobile device.
Oinvest uses MetaTrader4’s WebTrader platform, which gives their clients access to one of the best charting tools right in their browser. There’s no need to install anything; you can use it from any web-enabled device with a browser.
The WebTrader includes sophisticated charting and analysis, a variety of complex market orders, and the ability to handle open trades, just like the desktop version of MT4. In addition, almost everything on the platform can be customized, allowing traders to tailor it to their own trading style and preferences.
Trading Cubes are a handy feature of the WebTrader that allows you to see all of the information on a certain asset at once. This, together with the one-click trading option, saves a lot of time when making deals.
When it comes to technical analysis, forex trading, and CFDs, the MetaTrader 4 desktop platform is the industry standard. Anyone who has traded Forex or CFDs before is undoubtedly familiar with MT4 and its features.
Those who are unfamiliar with MT4 have most likely only recently begun trading. You can begin by knowing that this trading platform has one of the best reputations in the forex and CFD market due to its ability to effortlessly manage open positions, monitor price movements, and chart practically any asset.
MetaTrader 4 includes thirty different indicators as well as the flexibility to change between nine different price frames. It also includes a trailing stop feature that allows you to use two market orders, four pending orders, and two stop orders. In addition, trades can be opened directly from the chart, or you can use one-click trading.
On its website, Oinvest refers to its mobile trading app as the “Oinvest Application” and “Oinvest Trading App,” but it doesn’t change the fact that it’s the MetaTrader 4 mobile version. That’s a good thing because it assures that the mobile app and the PC and WebTrader versions are all compatible.
Like the other MT4 versions, the mobile app connects quickly to your account and syncs with the other platform versions. The mobile version includes many of the same features that make the desktop and mobile versions so popular among traders. Customize your charts to your liking and make the most of the 30 indicators and nine timeframes at your disposal.
Too many new brokers underestimate the need to provide instructional resources and training to their traders, but not Oinvest. You’ll find a fully loaded instructional center, and traders will have access to the research provided within the MT4 platform, even if they don’t give any original research.
Research Tools: The majority of Oinvest’s research tools may be accessed within the trading platform.
Training: All levels of traders and a wide range of concepts are covered by brokers. Here, beginners may lay a firm foundation.
Tutorials: The platform teaching films are designed to help traders become more familiar with MetaTrader, and they do a fantastic job.
PDFs and eBooks: This section of the educational portal will keep you occupied for a while because it offers 11 distinct e-books to download and read.
Live Webinars: Oinvest holds webinars about once a week, and you can attend if you have a gold or platinum account.
Online customer reviews have given Oinvest’s customer care service great marks, indicating that they are doing an excellent job. They can be contacted through live chat, phone, email, or web-based forms. They can also be sought help through their social media accounts; however, we were unable to confirm how responsive they are on those platforms.
They are incredibly responsive when contacting them via online chat, and you should be connected within a minute. The customer service team’s disadvantage is that they are not available 24 hours a day, let alone 24 hours a day. Instead, you can reach them Monday through Friday from 6:00 a.m. to 3:00 p.m. GMT.
Email: support@oinvest.com
Phone: +44 2035196460
From the regulation to the diverse asset offers to the extensive educational site, there are numerous reasons to endorse Oinvest. Customer service is nice, but we’d like more hours of coverage. The spreads are good. MetaTrader 4 is one of the greatest trading platforms available, and banking is simple and quick.
Overall, we cannot see any reason not to recommend this broker, and we believe that new traders would be quite happy here, given the great education and support available. You don’t have to take our word for it; you can easily open a sample account with the broker to test out their platform and services for yourself.
Yes, Traders can trust Oinvest because it is licensed by the Financial Services Authority (FSA).
Although available leverage can reach 400:1, it varies by instrument and trader.
It indicates that you won’t be allowed to make a profit withdrawal of less than $100, even if your overall account worth is higher.
Traders use CFDs, which have the same value as underlying cryptocurrencies and offer the same speculative possibility but are not the actual coins.
Oinvest accepts a variety of payment options, including credit and debit cards, bank wire transfers, and electronic wallets.
Our mission is to assist millions of traders in finding the best broker. We unbiasedly review every broker and rank them based on their market standing, regulation, and other factors. Reviews are updated regularly to ensure that every trader has the most up-to-date information before making a choice.
This company is a scam they give you advice what to trade and you start to make money then they advise you were to lose very fast and made a complaint they wanted to give me 50% as long as i did not write bad reviews about them i rejected this and did a charge back and got all back do not trust these svammers
Why can I not log in to my metatrader 4 account. I have send various emails in the past and asked to be contacted by you. Nobody has contacted me. Am I being scammed here by Oinvest. What is the problem. Am I being ignored because I am not investing more money. I get emails that state my account manager will contact me. Nobody contacts me. Must I post reviews on the internet about bad services by Oinvest or what must I do. This is one of the various mails is send to support at Oinvest and they do not contact me.
Worth recommending!!! I have been using their services since last two years and never got into the hassles and burden of what a stock market can look like. Dealing along with them gives you a good chance of monitoring the stocks easily and with proper guidance I have earned a lot.
cool broker, I definitely recommend it, in two years of working with them I had problems only once, but the support team quickly solved my problem. otherwise, Oinvest is a reliable broker you can work with. They have a license, they have awards and a lot of positive reviews.
The customer support was very patient with me as I am very new and have no idea what I am doing (in a demo). If the service is that great without an investment, I can’t imagine how great they will be once I am on live account. Thank You!!
The customer support was very patient with me as I am very new and have no idea what I am doing (in a demo). If the service is that great without investment, I can’t imagine how great they will be once I am on a live account. Thank You!!
Got delivered what they promised. I and my friend both have been their clients for the last year and found the company competent, capable, trustworthy, and knowledgeable. I would highly suggest them as they have really helped me in building my business.
I am really impressed with their best in class customer service as their team of highly skilled professionals really know how to serve their customers with the best. I highly recommend them for anyone looking forward to investing in stock markets and the company will provide you with full assistance.
Oinvest can be known as one of the best service broker if you are looking forward to invest into stock markets. I have trusted them as the genuine company who has given extraordinary service along with 100% satisfaction to me.
Best quick and friendly customer service. They are honest and let you know in advance if there will be any change to the company.
Worth recommending!!! I have been using their services since last two years and never got into the hassles and burden of what a stock market can look like. Dealing along with them gives you a good chance of monitoring the stocks easily and with proper guidance I have earned a lot.
cool broker, I definitely recommend it, in two years of working with them I had problems only once, but the support team quickly solved my problem. otherwise, Oinvest is a reliable broker you can work with. They have a license, they have awards and a lot of positive reviews.
The customer support was very patient with me as I am very new and have no idea what I am doing (in a demo). If the service is that great without an investment, I can’t imagine how great they will be once I am on live account. Thank You!!
The customer support was very patient with me as I am very new and have no idea what I am doing (in a demo). If the service is that great without investment, I can’t imagine how great they will be once I am on a live account. Thank You!!
Got delivered what they promised. I and my friend both have been their clients for the last year and found the company competent, capable, trustworthy, and knowledgeable. I would highly suggest them as they have really helped me in building my business.
I am really impressed with their best in class customer service as their team of highly skilled professionals really know how to serve their customers with the best. I highly recommend them for anyone looking forward to investing in stock markets and the company will provide you with full assistance.
Oinvest can be known as one of the best service broker if you are looking forward to invest into stock markets. I have trusted them as the genuine company who has given extraordinary service along with 100% satisfaction to me.
Best quick and friendly customer service. They are honest and let you know in advance if there will be any change to the company.
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This company is a scam they give you advice what to trade and you start to make money then they advise you were to lose very fast and made a complaint they wanted to give me 50% as long as i did not write bad reviews about them i rejected this and did a charge back and got all back do not trust these svammers
Why can I not log in to my metatrader 4 account. I have send various emails in the past and asked to be contacted by you. Nobody has contacted me. Am I being scammed here by Oinvest. What is the problem. Am I being ignored because I am not investing more money. I get emails that state my account manager will contact me. Nobody contacts me. Must I post reviews on the internet about bad services by Oinvest or what must I do. This is one of the various mails is send to support at Oinvest and they do not contact me.