Oinvest ZA is a South Africa-based online FX and CFD broker, established in 2018 that delivers its trading suite using the MT4 trading platform.
|#||Broker's Features||OINVEST ZA Availability|
|#||Accepts US traders||❌|
|#||24 hour trading||❌|
|#||Trading by phone||❌|
|#||1st deposit bonus||❌|
|#||Forex contests competitions||❌|
|#||Interest charges on the balance||❌|
|#||24 hour support||❌|
The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will review Oinvest ZA.
Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. Oinvest ZA offers Online Financial Trading and Investment Services Such as Currencies, Commodities, Indices, Stocks, Cryptocurrency.
Tradable Products: Oinvest offers a wide range of tradable asset classes covering 345 CFDs on Forex, Stocks, Indices, Commodities and Cryptocurrencies.
Broker Type: Many types of brokers can be found in the most dynamic market in the world. Oinvest ZA is STP.
Features: The only tools of market research are the economic calendar as well as the earnings season tool for stock CFD traders.
As Oinvest ZA offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.
Minimum Deposit Requirement: To properly understand if a broker is suitable for a certain trader, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. Oinvest ZA recommended minimum capital is $250.
Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. Oinvest ZA is regulated by FSCA. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.
Investor Protection & Regulations: Oinvest ZA is regulated by the FSCA in South Africa with FSP no 42020 and reg no. 2010/002719/07. Investor protection comes via acclaimed use of modern digital encryption technology to protect transmitted user data.
Account currencies: Next lets consider the Account currencies each broker offers. Oinvest ZA offers EUR, USD different account currencies for each account types.
Account Openning: Account opening on Oinvest ZA is simple and takes a maximum of 10 minutes. Open a live account with a conventional or Islamic variation, or open a demo account for practice trading.
Oinvest ZA offers a demo account for practicing trading skills and get familiar with the broker’s trading platform.
Languages Available: Next lets have a look at each broker's different Language options. Oinvest ZA offers English, Spanish, Czech, Chinese, German, French,.
Payment methods: Next lets have a look at each broker's payment options. Oinvest ZA offers Credit/Debit Cards, Neteller, Skrill, Bank Wire Transfer different payment methods for each account types.
Deposit and withdrawal: Oinvest ZA accepts the following payment methods: MasterCard, VISA, Neteller, Skrill and bank wires. Verification of the identity of account owners is performed via phone/video calls before processing is done.
Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, Oinvest ZA makes MT4 available to clients.
Web & Desktop Trading Platforms: Three versions of the Oinvest ZA MT4 are offered to clients, providing flexibility in trading methods.
Mobile Trading Platforms: The only mobile app available on Oinvest ZA is the generic mobile MT4 app, which can be downloaded from the Apple iOS Store and the Google Play store.
The education centre on Oinvest ZA comprises of webinars, VOD, eBooks, courses and tutorials
There are no promotions, bonuses or trading contests on Oinvest ZA.
The customer care unit operates from 3am to 2am GMT five days a week. The customer support desk is accessible via email, phone, live chat and the web form.
The Oinvest ZA brokerage is a relatively new business in the industry. It offers a good variety of assets in its listing with at least 350 trading instruments.
Oinvest ZA brokerage offering is suitable for beginner traders and some intermediate-level traders. The platform is not suitable for advanced traders.
Oinvest offers a simple trading offering most suitable for beginner traders. However, all types of traders will enjoy the wide range of asset classes available to trade on as well as the impressive trader education materials available.