Oinvest ZA Review 2019 | Is Oinvest ZA a Scam or Legit Forex Broker?

Read our Oinvest ZA review to find out if Oinvest ZA is a scam or a reliable forex broker. Unbiased Forex brokers reviews combined with user comments.

Average broker rating

3.3/ 5

Rating breakdown

Protection & Regulations
40% Complete (danger)
2.0/5
Trading platforms
80% Complete (danger)
4.0/5
Tradable Products
100% Complete (danger)
5.0/5
Deposit and withdrawal
100% Complete (danger)
5.0/5
Trading Fees
20% Complete (danger)
1.0/5
Support
60% Complete (danger)
3.0/5
Oinvest ZA
Oinvest ZA Overview

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
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 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, Crypto.

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.

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 Card, Neteller, Skrill, 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 MetaTrader 4 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.

Other

Trader Education
The education centre on Oinvest ZA comprises of webinars, VOD, eBooks, courses and tutorials

Promotions
There are no promotions, bonuses or trading contests on Oinvest ZA.

Support
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.

Recup
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.

Final Thoughts
Oinvest ZA brokerage offering is suitable for beginner traders and some intermediate-level traders. The platform is not suitable for advanced traders.

Trading Experience
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.

People Also Asked

Is Oinvest ZA regulated?
Yes, Oinvest ZA is regulated by top-tier regulators, FSCA inclusive.
Where is Oinvest ZA based?
Oinvest ZA is based in South Africa
How does Oinvest ZA make money?
Oinvest ZA charges a spread between the bid price and ask price. It does NOT charges a commission.
How do I deposit in Oinvest ZA account?
With Oinvest ZA you can deposit money via the following means; Credit Card, Neteller, Skrill, Wire Transfer.
How do I withdrawal in Oinvest ZA account?
Oinvest ZA lets you request a withdrawal of funds from your account via the following means; Credit Card, Neteller, Skrill, Wire Transfer.
What is the minimum deposit for Oinvest ZA?
Oinvest ZA has $250 minimum deposit.
What are the available account base currencies with Oinvest ZA?
Oinvest ZA trading accounts are offered in EUR, USD. If your country's currency isn't included in the list, you will need to open an account with another currency base.
What is the max leverage in Oinvest ZA?
Oinvest ZA has a maximum leverage is 1:500 for professional traders.
How do I open an account with Oinvest ZA?
Opening an account with Oinvest ZA is a three-step process. First fill out the registration form, second is to send verification details to the verification department and lastly is to fund your account.
Does Oinvest ZA use MetaTrader?
Oinvest ZA platforms: Yes, Oinvest ZA use MetaTrader as well as the following platforms: MetaTrader 4
What type of broker is Oinvest ZA?
Oinvest ZA appears to be a STP broker which offers market access to a variety of traders.
Does Oinvest ZA accept US clients?
No
Does Oinvest ZA offers Islamic accounts ?
Yes
What financial instruments can I trade?
You can trade a wide variety of instruments with Oinvest ZA: You can trade a wide variety of instruments with Oinvest ZA: Currencies, Commodities, Indices, Stocks, Crypto