Oinvest Review 2022

Safety & Regulation

Oinvest is currently a Forex trading broker that is regulated by the Financial Sector Conduct Authority of South Africa (FSCA).Under the license number SD014. In compliance with the FSCA, Oinvest offers the storage of client funds in segregated accounts in top-tier financial institutions.

This Oinvest review will provide an in-depth analysis of the protective measures that will be taken by this Forex trading broker.

Is Oinvest Safe or a Scam?

Oinvest is a regulated Forex trading broker that stores client funds in segregated accounts, along with operations with top-tier financial institutions. This Forex trading broker offers encryption on all financial transactions as a part of the data security protocol.

Fees

This Forex trading broker only charges an inactivity fee of 50USD or its currency equivalent.

This Oinvest review will inform you on any trading fees and non-trading fees you need to consider.

NonTrading Fees

Oinvest does not charge commissions per trade for any of its trading accounts.

Non-Trading Fees

Oinvest does not charge a deposit or withdrawal fee. However, there is a 50USD inactivity fee that you should consider.

Leverage

The maximum leverage level that Oinvest provides to its traders is up to 1:400.

Account Opening

Each trading account provides different spreads, but the spreads are all low and fixed.

This Oinvest review will demonstrate how to open an Oinvest trading account through a step-by-step guide.

Minimum Deposit

The minimum deposit required from Oinvest is 200USD or its currency equivalent.

Oinvest Trading Accounts

Oinvest provides three trading accounts based on trading experience, which are the Gold Account, the Silver Account, and the Platinum Account. The Gold Account offers low spreads that start up from 0.07 pips with a minimum lot size of 0.01, and the maximum leverage level is up to 1:200. As for the Silver Account, the spreads start up from 0.05 pips with a minimum lot size of 0.01, and the maximum leverage level is up to 1:400. The Platinum Account provides low spreads start up from 0.03 pips with a minimum lot size of 0.01, and the maximum leverage level is up to 1:400.

All three trading accounts do not charge commission on trades and provides Islamic accounts.  The minimum deposit required for the three trading accounts are 200USD or its currency equivalent. In addition, you will find the execution type is market maker and the three trading accounts provide automated trading.

How To Open An Oinvest Trading Account

Step One: Fill in your personal information on your online application

Step Two:Provide your funding information and select your preferred funding method.

Deposit & Withdrawal

Account Base Currencies

This Oinvest review will provide a list of different funding methods and the different account base currencies available for you, as an active trader.Oinvest offers two different types of account base currencies, which are: USD and ZAR.

Deposits

Oinvest deposits are a fast and digital process that requires no effort from the trader. There is no deposit fee and you can select a funding method from the following: electronic payment and bank transfer. You can also choose between the USD and ZAR as an account base currency for your trading account. The deposit process takes up to 1-3 business days, which is a fast process compared to other Forex brokers.

Oinvest Deposit Options

• Bank Transfer
• Electronic Payment
• Credit\Debit Card

Withdrawal

Oinvest withdrawals are a digital process that can be done via bank transfer, credit\debit card and\or electronic payment. You will not have to pay a withdrawal fee, but you have to consider that withdrawals are a slow process that take up to 5-7 business days.

Oinvest Withdrawal Options

• Bank Transfer
• Electronic Payment
• Credit\Debit Card

Trading Platforms

Which is the most common trading platform in the world, MetaTrader4.There is only one type of trading platform with Oinvest, MT4 is available for any software and any mobile device; it is also suitable for both novice and experienced traders.

This Oinvest review will give you insight into the different types of platforms you can access with MetaTrader4.

• MetaTrader4

Web Trading Platform

With Blackstone Futures and its MT4 web trading platform, you will be able to place four pending orders: Buy Limit, Buy Stop, Sell Limit, or Sell Stop. These four pending orders are the basic pending orders of trading, allowing you to determine when you want to buy\sell security at a certain price in the future.

The MT4 trading platform of Blackstone Futures does not have a two-step login authentication process, which means that you will not be able to secure your login credentials with additional security. You will have to depend on the initial login process.

Fortunately, you will be able to receive any alerts or notifications with the web trading platform, as well as the desktop and mobile platforms.

Web Trading Platform

With MetaTrader4 web trading platform, you will have the option for 4 pending orders, which are:  Buy Stop, Sell Stop, Buy Limit, Sell Limit. These four pending orders are the most basic and most essential trading orders.

With Oinvest MT4 web trading platform, you will not be able to use the two-step login process, since they do not have that option available. However, you will be allowed to analyse your trading history; this includes fee reports, past trades, and trading portfolio.

The Oinvest MT4 web trading platform permits the option of being notified via email on any price movements that you are targeting. The email notifications gives you instant notice on any price movements you want to know about.

Desktop Trading Platform

With MetaTrader4 desktop trading platform, there are 4 pending options, which are the most basic and also the most important pending orders you will find in any trading platform. These pending orders are: Buy Stop, Sell Stop, Buy Limit, Sell Limit.

Unfortunately, you cannot find a two-step login process, for additional security. It is up to you to rely on only the initial login process that protects your funds and personal information. However, despite that setback, the Oinvest esktop trading platform does allows scalping and hedging.

The Oinvest desktop trading platform is available to download on Mac and Windows, which means that you will receive notifications on your device. You can activate it via your MT4 account, to be notified of any price movements of your choosing.

Mobile Trading Platform

With MetaTrader4 mobile trading platform, you will have the option for 4 pending orders, which are:  Buy Stop, Sell Stop, Buy Limit, Sell Limit.  This mobile application is best for traders who like trading on-the-go, not trading in a certain place.

With Oinvest MT4 mobile application, you will not have the option of facial recognition or fingerprint recognition as a second login. You will only have the initial login process with your username and password. However, to make up for that, you can always view your performance history; this includes fee reports, past trades, and trading portfolio.

The Oinvest MT4 mobile application platform allows you to be alerted through push notifications for any price movements. These push notifications set up on your mobile device allow you to be immediately notified when a price moves in the ideal position for you.

Markets & Financial Instruments

Oinvest offers six different financial markets that will allow you to trade with more than 350 different trading instruments.

This Oinvest review will list the different financial markets available for you to trade.

With Oinvest, you can trade with currency pairs, commodities, precious metals, indices, stocks and shares, and cryptocurrencies. Providing access to the cryptocurrency financial market is a rare quality that cannot be found in most Forex brokers.

Markets Research & Trading Tools

Trading Tools

Oinvest provides three different trading tools that you can find on the MT4 trading platform.

The trading tools are: an economic calendar, news feed, and trading signals. You will find that the economic calendar will provide you with data on past and future trading events around the world. The news feed trading tool will offer you live updates on events in the trading and economic world, including events that could affect the financial markets.

Customer Service

Oinvest provides a customer support team that is available in several languages.

You will find that there are several means of communication, including live chat, emails, and phone support. The customer service team of Oinvest provides fast and accurate responses for your inquiries. However, you have to keep in mind that the customer service team of Oinvest are not available 24\5.

Client Education

Oinvest offers various client education resources that will enhance your trading knowledge and further improve your trading skills.

Novice traders will be able to watch webinars and tutorials, participate in online courses, and you can open your own Demo Account. The Demo Account is a simulation in real-time and real market conditions for you to understand how this Forex broker works without facing financial exposure.

Conclusion

Oinvest is a Seychelles-based Forex broker that was established in 2019.

This Forex broker provides three different trading accounts that all have access to more than 150 financial instruments. Oinvest is currently regulated by the Financial Sector Conduct Authority of South Africa (FSCA). In addition, protective measures are taken for client funds, such as the storage of client funds in segregated accounts and operating with top-tier financial institutions.

Despite being a new Forex broker, Oinvest has expanded rapidly and has been awarded several times since its establishment.  With more than 10,000 active traders, Oinvest has managed to dominate by being a leading Forex broker and providing trading opportunities to traders all over the world.

Overall, Oinvest is a trustworthy Forex trading service provider that is worth your time and money to invest with.