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Oinvest is a leading brokerage firm in South Africa situated at Ncondo place, Ridgeside Umhlanga South Africa. It is a well-regulated service operated under the guidelines of FSCA or Financial Sector Conduct Authority and as per the South African Applicable Regulations, and these authorities impose different types of duty on Oinvest.
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Oinvest (South Africa) Review 2022: A Scam Broker? fxreviewtrading.com/broker/oinvest-south-africa Oinvest is a leading brokerage firm in South Africa situated at Ncondo place, Ridgeside Umhlanga South Africa. It is a well-regulated service operated under the guidelines of FSCA or Financial Sector Conduct Authority and as per the South African Applicable Regulations, and these authorities impose different types of duty on Oinvest. It is the leader in the Fintech revolution, providing the best services to worldwide traders who are searching for a professional regulated online broker for trading in various markets. Read the complete overview of the Oinvest South Africa Broker below… Summary As a South African brokerage online firm, it provides traders with the chance to trade on more than 350 tools through underlying assets or CFDs in cryptocurrency, indices, shares, and commodities. With Oinvest, investors can easily invest with US dollars or rand. It offers maximum leverage up to 1:500 with zero commission fee. Three different trading accounts available for metal The average spread for USD/EUR pair is 0.7 Minimum deposit $250 History Oinvest is an online broker situated in South Africa. It began operations not too long ago in 2018. It is only allowed to work with South African customers and is regulated by FSCA. The broker is the main sponsor of the Kaizer Chiefs Football Club. Oinvest Account types Oinvest South Africa offers trading in two different types of accounts. 1/5
Precious metal account It includes trading in precious metals. The three accounts offered in precious metal are: Silver account Gold account Platinum account Demo account One can practice trading before actually putting himself into real market trading. The spreads on different types of accounts are given below in the table. Gold Silver Platinum Spreads EUR/USD 1.3 2.2 0.7 USD/JPY 1.5 2.3 0.8 GBP/USD 2 2.8 1.3 USD/CHF 1.6 2.6 0.9 AUD/USD 1.8 2.8 1.1 USD/CAD 1.9 2.9 1.2 NZD/USD 2.1 3.1 1.4 EUR/GBP 1.6 2.6 0.9 Gold 0.48 0.59 0.37 Dax 1.5 2 1 Crude Oil 0.05 0.07 0.03 Trading platforms Three trading platforms for online trading, web, and mobile Provides advance trading platforms like Web Trader, MetaTrader 4, and mobile application Markets and products for trading Complex financial derivatives trading- Currencies / currency pair Oinvest provides the best choices from the largest financial market in the world, with more than 50 currency pairs to select from. 2/5
Complex financial derivatives trading- Commodities Oinvest, the leading brokerage firm in the financial market, provides their traders with an easy and straightforward way to get started in commodity trading. Thus, it offers a one- stop online service for trading complex financial derivatives on the globally leading commodities including coffee, gold, and oil. Complex financial derivatives trading- Indices Offering access to the best indices from the United States, Asia, and Europe, Oinvest provides inventors entry into primary indices. Complex financial derivatives trading- Stocks Oinvest makes it easy for inventors to invest in the leading stocks complex financial derivatives. It provides complex financial derivatives on stocks from a range of the best international firms. Oinvest Account opening There are three easy steps for opening an account with Oinvest. These are: Registration with name and phone number Uploading required documents related to income and personal information Start trade by depositing the amount To start trading with Oinvest, it just requires three steps, hence do not miss this simple trading opportunity. These three simple steps include: Open Account: Make a free Oinvest trading account Deposit: Add funds to your trading account Trade: Start capitalizing on commodities, currency pairs, stocks, and indices Oinvest Commissions and Fee Oinvest charges zero commission fee from traders. The minimum deposit for opening a trade is $250 Deposit and Withdrawal Deposit Options: Credit Card, Wire Transfer, Neteller, and Skrill Withdrawal Options: Credit Card, Wire Transfer, Neteller, and Skrill Leverage Leverage Indices 1:50 1:100 1:125 3/5
Stocks / Equities 1:20 1:40 1:50 Commodities 1:50 1:100 1:125 FX 1:200 1:400 1:400 Silver and gold 1:50 1:100 1:125 Is Oinvest A Scam? The big question which often comes in the mind of the trader is Is Oinvest scam. The answer to the question is “No.” It is a well-regulated firm working under the guidelines of FSCA or the Financial Sector Conduct Authority. It is a valid registration number and the certificate serves the purpose. Is Oinvest(South Africa) Safe For Trading? Oinvest takes care of the security of their customer’s funds very seriously because they believe in creating lasting partnerships with their customers. It is the reason why they make sure that all the safety protocols for the funds are strictly followed so that investors can focus on trading rather than worrying about trade security. The funds’ safety protocols include the following points: Fund Segregation Data Security and Cybersecurity Measures These include: Ensuring that all communications and transactions data servers are encrypted The use of SSL (stringent Secure Sockets Layer) software well as advanced firewalls for protecting all data being received and sent Ensures that all transactions are in the range of level 1 PCI compliance services. The Advantages and disadvantages of trading with Oinvest South Africa Advantages: 1) Provides trading in indices, currency pairs (FX) and complex financial derivatives on stocks. 2) Provides user-friendly tools in the Oinvest Learning Centre, which are easy to use and also, easy to understand. 3) 24/5 customer support service 6) Advance trading courses available for all levels of traders. 7) Offers advance trading platform such as Web Trader, MetaTrader 4 and mobile application which is compatible with a mobile phone and personal computer 4/5