Oinvest Guide – Read our In-Depth Oinvest Review
This Oinvest review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations, the content in this Oinvest review does not apply to US users.
If you're a new entrant in the realm of trading and brokerage, so many details will be confusing for you. Getting into the world of trading demands expert assessing skills and comprehensive understanding. You'll get proficient at all of the concepts of brokerage since you continue trading. For starters, you need to choose the ideal agent who will be transparent with you constantly.
In this fast-paced universe of stock markets and trading, you'll need guidance to make correct decisions. A professionally lead investment plan will create hefty returns. Oinvest is just one such stage that will take you along with your investment into great heights. It's crucial that you know about Oinvest until you trust them with your cash.
Our full Oinvest Review covers all you will need to learn about trading using Oinvest. A fantastic broker can multiply your initial investments and give you positive profits. If you would like to make profits, you must trade with a brokerage service that contrasts with your investing objectives.
There's absolutely no sure-fire method to ensure profits; therefore, you must carefully analyze your broker before you choose them. It is a frequent misconception that all brokers are exactly the same, but that's not true. Wrong judgment, in the beginning, can set your investments at risk.
Oinvest is a broker which has forged its way successfully to the brokerage world. Within this review, we have tried to collate a number of the vital facets of Oinvest. This review will allow you to understand whether Oinvest is a fantastic match for your own investments or not. We've tried to breakdown all of the features and charges for your advantage.
Oinvest Review, Table Of Contents
- Who are Oinvest?
- Benefits Of Trading With Oinvest
- Everything you should know about trading with Oinvest
- Is Oinvest Safe To Trade With?
- Pro's & Con's Of Trading With Oinvest?
- Compare Brokers Similar To Oinvest
- Regulation And Licencing In More Detail
- Oinvest Awards
- Minimum Deposit Required For A Live Account With Oinvest
- Oinvest Commission And Fees Explained
- Compare broker fees against Oinvest
- Oinvest Withdrawal Fees Explained
- Oinvest Deposit Fees Explained
- Compare Broker Deposit Methods
- What Can You Trade With Oinvest?
- Alternatives To Oinvest
- Frequently Asked Questions About Oinvest
Who are Oinvest?
Oinvest is a foreign exchange broker headquartered in South Africa and provides a range of instruments for online trading. Since its inception in 2019, Oinvest has emerged as a leading player in the field of online broker. Oinvest has a highly aggressive and full-featured trading site that is focused on forex, indices, metals, shares, commodities.
Over the past 2 years, Oinvest has grown into one of the leading online brokers.
After establishing in 2019, their client base is becoming as big as 10,000+ clients.
Oinvest is the favorite of many dealers.. Our Oinvest review found that they're an superb choice for automated trading solutions. They're best suited for investors that are looking for a variety of assets. Social and automated trading solutions are the heart at Oinvest.
Technology plays a substantial role at Oinvest. Oinvest offers trading on MT4,iOS,MacBook,iPhone. Oinvest is fair, transparent, and a well-regulated agent by the Southern African Financial Sector Conduct Authority (FSCA). Their outstanding variety of resources will be beneficial for most traders. Third-party partnerships also supply in-house analysis.
The trader resource department at Oinvest is quite insightful for new dealers as it permits them to have a closer look in the financial markets. Oinvest caters to all types of traders and are a must-have broker for almost any well-diversified method of trading.
If you feel that Oinvest is not right for you then at the bottom of this Oinvest review you wil find a lot of alternatives to Oinvest.
Everything you should know about trading using Oinvest
Oinvest is a dynamic platform that provides various procedures of trading. These instruments cover the monetary markets considerably. Most of the broker platforms offer fewer methods than Oinvest
If you would like to exchange with Oinvest, you'll require a minimum deposit of $200. This deposit is required if you would like to start trading with Oinvest. This 2021 Oinvest review will guide you clearly about trading with them.
Oinvest is as versatile as another brokerage platform. Oinvest is ideal for traders that want a manageable selection of cheap services. The platforms supplied by Oinvest are third party, white-label offerings. All traders can choose from MT4,iOS,MacBook,iPhone.
Along with everything, Oinvest has multiple benefits to new and verteran traders and should be investigated. There is no minimum time over which a trade has to be kept available. The agents offer premium customer service which rewards customers with benefits.
Many less reputable brokers attempt to pressurise users into larger financing for premium services. Oinvest, on the other hand, is more focused on trading volume. Dealers can expect trading conditions to be fair, honest and transparent. The more lots traded by the consumer, the more advantages will come along.
Oinvest accounts are available all over the world and provides outstanding service everywhere they have customers. There are a few countries where Oinvest accounts are not available. Traders in the following countries cannot open or use a Oinvest account:
Is Oinvest Safe To Trade With?
Established in 2019, Oinvest has been operating for 2 years, they are headquarted in South Africa.
Oinvest is regulated by Southern African Financial Sector Conduct Authority (FSCA). These bodies have rules that make sure that trading platforms have measures in place to maintain investor's resources secured. This means that Oinvest users do not need to worry about their money as it is segregated and safely stored in established banks. SSL encryption simplifies each user's private information also.
You can make use of a choice for 2 Factor Authentications (2FA) with Oinvest for heightened safety. An SMS for the confirmation code will be sent to your phone. You'll be required to input this code to log into your accounts.
Another concern with financial brokers is in respect to security might be manipulation of trading. This is highly disadvantageous to consumers on these platforms. Nonetheless, this is much more widespread in the case of Market Maker brokers who compete with customers on the platform.
Pro's & Con's Of Trading With Oinvest
Every online trading platform has a few pros and cons Oinvest review would be complete without showing both sides. This Oinvest review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
- Oinvest is trusted by 10,000+ clients
- Oinvest doesn't charge withdrawal fees
- Oinvest doesn't charge inactivity fees
- Oinvest doesn't charge deposit fees
- Oinvest doesn't charge CFD fees
- Oinvest offer trading on MT4,iOS,MacBook,iPhone
- Oinvest offer 150 trading instruments
- Oinvest trades major forex pairs
- Oinvest trades minor forex pairs
- Oinvest trades exotic forex pairs
- Oinvest offers trading on cryptocurrencies
- Oinvest can communicate in
- Oinvest does not offer Negative Balance Protection
- Oinvest does not offer Guaranteed Stop Loss
Oinvest Review - Compare Brokers Similar To Oinvest
|Oinvest||Bulbrokers||WIT Invest||Boston Merchant Financial|
|Headquarters||South Africa||Bulgaria||Saint Vincent and the Grenadines||Dubai|
|Regulated By||Southern African Financial Sector Conduct Authority (FSCA)||Financial Services Authority (FSA)||Unregulated||Australian Securities and Investment Commission (ASIC)|
|Find Out More|
|Risk Warning||Your capital is at risk||Losses can exceed deposits||Your capital is at risk||Losses can exceed deposits|
Oinvest Review - Regulation And Licencing In More Detail
Oinvest is regulated by Southern African Financial Sector Conduct Authority (FSCA).
Oinvest, as a business, has a strong set of rules for ensuring fair trading onto its platform. For data encryption functions, it supplies an industry-standard secure socket layer (SSL).
In accordance with the organization's privacy regulations, client data is to not be shared with some other institutions or individuals. This includes credit history and other financial information.
Oinvest Review - Awards
- At the time of writing this Oinvest review, they had not received any awards.
Oinvest Review - Minimum Deposit Required
The minimum deposit you need to get started on Oinvest is $200. This is a decent amount for those just starting out. You can create more complex deposits as you cooperate. However, ensure that you know how to make the most of your cash before investing larger amounts.
Oinvest Review - Commission And Fees Explained
Oinvest is an online broker platform, and most online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the companies of online brokerages are scaled much better. That is, an online broker isn't necessarily affected by the number of clients they have.
However, this doesn't necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for various services to earn money. There are mainly three types of penalties for this purpose.
The first sort of fees to keep an eye out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you are billed trading fees. In these cases, you're paying a spread, financing speed, or a commission. The kinds of trading charges and the prices differ from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the other hand, a spread denotes the difference between the buying and selling cost. Financing or overnight rates are people that are billed when you hold a leveraged position for more than a day.
Aside from trading charges, online brokers also charge non-trading fees. These are dependent on the actions you undertake in your account. They are charged for operations like depositing cash, not trading for long periods, or withdrawals.
Generally, Oinvest does not charge high fees compared to other online brokers. For operations other agents charge for, they do not charge a broker fee, or they charge a lesser amount. This can be beneficial for people who regularly exchange, for example daily or weekly trading.
But, non-trading fees charged by Oinvest are comparatively higher. As a result, you're billed more for non-trading activities in your trading account, such as deposits and withdrawal. These aren't about the sale and purchase of assets.
This Oinvest review breaks down every one of the applicable non-trading fees for you in detail.
Compare broker fees against Oinvest
|Oinvest||Bulbrokers||WIT Invest||Boston Merchant Financial|
Oinvest Review - Withdrawal Fees ExplainedOinvest doesn't charge withdrawal fees
Withdrawal of cash is possible at any moment from your Oinvest account. You can draw up sums to the sum of your account balance, keeping aside the margin utilized. 1 thing to keep in mind is that you don't always have to have any cash in your accounts.
In addition, the withdrawn money will be moved directly to the account you use to make deposits. Thus, in the event that you used a credit card for deposits, then the withdrawn cash will be sent into the card. Oinvest will ask you to provide other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you're withdrawing money in different currencies from USD, a conversion fee is also applicable. The conversion fee will be dependent on the currency you are choosing to withdraw in.
Oinvest Review - Inactivity Fees Explained
Understanding whether you will be charged inactivity fees is one of the buzzing questions that run through your head when open an account with Oinvest. An inactivity fee is an amount charged to registered traders who have not participated in buying or selling for a while. The period regarded as inactive is decided by the broker.
The inactivity fee differs from one broker to another and is not standardized. If a traders account doesn't have a purchasing or selling transaction, it is maintained by the broker as an inactivity fee. The traders have to pay this commission under conditions and terms that they had consented while registering.
Oinvest doesn't charge inactivity fees so you are free to use your account as needed
Even if no charges have been indicated by Oinvest, it is best that you close the account if you are inactive. Inactivity fees aren't only charged by brokerage firms but also many financial services.
For additional trading platforms, the inactivity fee is contingent upon the type of account you have selected. The inactivity fee is exposed to many circumstances and needs to be disclosed clearly by the broker beforehand.
Oinvest Review - Deposit Fees Explained
When you move money into your trading account from the bank account, a deposit fee can be billed by the broker. Most agents do not charge too much money for this operation.
Oinvest doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed
Depositing cash on the Oinvest trading platform is simple. You simply have to complete a single-user profile survey to begin depositing money into your trading account. You'll need to give an identity proof and proof of residency to deposit substantial sums.
Oinvest Review - Compare Broker Deposit Methods
|Oinvest||Bulbrokers||WIT Invest||Boston Merchant Financial|
What Can You trade With Oinvest?
Note: Oinvest provides many different trading instruments due to regulatory restrictions in some countries. Trading instruments offered may differ based on the country of residence of the client.
Oinvest has a wide variety of over 150 instruments available for you to trade with.
If trading forex pairs is of interest to you then Oinvest offer over 50 currency pairs.
Compare Oinvest, Bulbrokers, WIT Invest & Boston Merchant Financial below.
Alternatives To Oinvest
If, after studying this Oinvest review, Oinvest doesn't meet your requirements check out these Oinvest alternatives.
We've scoured the web to find the best alternatives to Oinvest. Click the links below to find out more.
Frequently Asked Questions about Oinvest
Can I try Oinvest before I buy?
Yes, you can most certainly try Oinvest before you buy. Oinvest provides demo accounts for the ease of inexperienced traders. You may use this feature to build your faith in the system and yourself and your trading strategies.
If you register for a demonstration account on Oinvest, you will set out using a decent amount of virtual money. It's to establish a sense of security and confidence in you until you choose to invest your own money.
With this virtual Oinvestdemo account, you are able to experiment in any way, to whatever period you desire. You can also start positions, examine different trading strategies, and much more.
Oinvest specifies on its official site that you are able to exchange real time stocks with your demo account.
Is Oinvest safe?
You can drop all of your worries since we believe that Oinvest is perfectly safe to use. It's in compliance with the principles of Southern African Financial Sector Conduct Authority (FSCA).
Nevertheless, Oinvest doesn't provide assured stop-loss protection.
Why does Oinvest ask for my passport?
The reason that Oinvest asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Oinvest has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Oinvest must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with Oinvest?
The process to start trading withOinvest is perhaps simple enough to be a cakewalk. You need to begin by signing up on the Oinvest website. It will require you to fill in details pertaining to the credibility and security of your account.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live acocunt with Oinvest is $200. You should have a good hold over the nuances of online trading before you set out and trade with real money.
If you are confident of your knowledge and understanding, you can open an account with Oinvest.
The best way to kickstart your trading career with Oinvest is to open a demo account facility before risking any real money
What funding methods do Oinvest accept?
There are a number of methods to fund your accounts with Oinvest. The process is effortless and quick, with different payment methods at your fingertips.
You can use debit or credit cards ranging from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing funds. You have to bear in mind that PayPal is not available in every country. The monies Oinvest
Is my money safe with Oinvest?
Yes, your cash is safe and secure with Oinvest. As you already know, Oinvest operates with proper conformation to. It has established lots of steps to guard all of its investors.
Oinvest safeguards its customers' personal and sensitive data under SSL encryption. Your capital will be kept highly secure in top-tier banks.
If you want to further safeguard your account, it is possible to enable Two-Step Verification as well. It takes an SMS confirmation for you to access your accounts.
Is Oinvest trading good?
Yes, trading through Oinvest is a nice and good experience indeed. It is a great and intuitive platform with useful features for your simplicity. Moreover, you can even obtain access to a huge selection of educational tools and assistive substance to kickstart your trading experience.
If you are still skeptical, you can open a eToro demo account and evaluate the credibility of the platform on your own.
Which Countries does Oinvest support?
Oinvest operates around the globe. However, due to regulations there are some countries that Oinvest do accept clients resident in
Is Oinvest legit?
Oinvest is a legit company headquarted in South Africa since 2019. They are regulated by Southern African Financial Sector Conduct Authority (FSCA). Oinvest is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is Oinvest a good broker?
Oinvest is a great agent, and its users may vouch for it. The highlight of this platform is its fast order execution on transactions.
You will find the clean design of this platform along with the admirable features a pleasure to work with.
Is Oinvest a trustworthy broker?
Yes, Oinvest is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.
What is the minimum deposit for Oinvest?
The minimum deposit to open a live account with Oinvest is $200
How long do Oinvest withdrawals take?
Normally, withdrawal of money from Oinvest is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from Oinvest to show in your bank account.
Are Oinvest regulated?
Oinvest are regulated by Southern African Financial Sector Conduct Authority (FSCA)
Is Oinvest a market leading broker?
Oinvest is currently among the business leaders. It has over 10,000+ registered users and over 2 years of experience on its record. They're one of the world's top trading platforms and also a prominent figure in the Fintech revolution.
It simplifies this standing to its incredible platform and wide range of tools plus resources so you may invest in capital markets.
Is Oinvest a con?
No, Oinvest is not a con. They are regulated by Southern African Financial Sector Conduct Authority (FSCA) and must adhere to their rules. Thus, it is safe to say that Oinvest is not a scam.
Can you make money with Oinvest?
Using Oinvest, several traders earn a great deal of cash. However, on average, through consistent trading, you can make between 2% - 10% profit a month.
This may seem like a little number, but over the entire year, this adds to a substantial amount of gains. Even though Oinvest provide you all of the tools to earn money, they can't guarantee that you will profit.
Does Oinvest have fees?
Yes. To begin trading with Oinvest, you need to deposit $200. Certain commissions while trading also apply. Any processing fees from your bank might need to be incurred by you.
When was Oinvest founded?
Oinvest was founded in 2019 in South Africa. Oinvest is regulated by Southern African Financial Sector Conduct Authority (FSCA).
How many people use Oinvest?
Oinvest is a globally recognised broker with 10,000+ customers.
Where is the Oinvest head office?
Oinvest has its head office in South Africa
Does Oinvest offer negative balance protection?
No. Oinvest doesn't offer negative balance protection. If your balance is unfavorable, Oinvest suggests you contact customer services. With this, you can correct any imbalances within your own account.
Does Oinvest offer guaranteed stop loss?Oinvest regrettably, doesn't provide guaranteed stop loss. Oinvest gives an opportunity to its traders to close their trade in their given price. Aside from that, Oinvest does not offer guaranteed stop loss.
Does Oinvest allow scalping?Yes, Oinvest do allow scalping. Several traders throughout the world choose Oinvest due to their services that are trading. They offer trading on MT4,iOS,MacBook,iPhone which let this.
Does Oinvest allow hedging?
Yes, Oinvest does allow hedging.
Can you trade energies with Oinvest?
Yes, you can trade energy stocks with Oinvest
Can you trade agricultural shares with Oinvest?
Yes, you can trade agricultural stocks with Oinvest
Can you trade cryptocurrency with Oinvest?
Yes, you can trade cryptocurrency with Oinvest
Can you trade metals with Oinvest?
Yes, you can trade metals with Oinvest
Can you trade UK Shares with Oinvest?
Yes, you can trade UK shares with Oinvest
Can you trade US Shares with Oinvest?
Yes, you can trade US shares with Oinvest
Can you trade Japanese Shares with Oinvest?
Yes, you can trade Japanese shares with Oinvest
Can you trade German Shares with Oinvest?
Yes, you can trade German shares with Oinvest
Does Oinvest accept bank transfers?
No, Oinvest does not accept bank transfers.
Does Oinvest accept credit cards?
No, Oinvest does not accept credit cards.
Does Oinvest accept PayPal?
No, Oinvest does not accept PayPal.
Does Oinvest accept Skrill?
No, Oinvest does not accept Skrill.
Does Oinvest accept Payoneer?
No, Oinvest does not accept Payoneer.
Does Oinvest accept Neteller?
No, Oinvest does not accept Neteller.
Does Oinvest offer Live Chat customer support?
No, Oinvest does not offer customer support through live chat.
Does Oinvest offer phone customer support?
No, Oinvest does not offer customer support over the telephone.
Does Oinvest offer email customer support?
No, Oinvest does not offer customer support through email.
What languages can Oinvest communicate in?
Oinvest has the ability to communicate and support customers who speak:
Does Oinvest have a wikipedia page?
No, Oinvest does not have an official wikipedia page.
Does Oinvest offer demo accounts?
Yes, Oinvest offers demo accounts so you can learn their systems before risking any real money.