ROITEKS

General Information & Regulation

Roiteks is owned and operated by Green Oak LTD, a Bulgaria based company, a subsidiary of Vantu Capital LTD, which on its part is registered on the Marshall Islands. Unfortunately, the company is not regulated neither in Bulgaria, nor by any of the well-respected financial authorities.

Markets Instruments

ROITEKS offering 28 forex pairs with several exotic currencies like Russian Ruble, South African Rand, Swedish Krona, Norwegian Krone and Danish Krone, as well as a variety of CFDs on commodities like coffee and oil, precious metals, including silver gold and platinum, 8 major indices, stocks and 47 crypto coins, among which Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, USD Tether, Monero, Dash, Ripple, Zcash, Golem, Lisk, OmiseGO and NEM.

Minimum Deposit

The minimum deposit requirement is set at 250 USD, which is acceptable for most regular traders.

Micro Trade Size

The minimum trade size allowed by Roiteks is 0.01 lot, which is quite friendly to beginners.

Leverage

The default leverage offered by Roiteks is 50:1, which is a little conservative. However, since leverage can amplify gains as well as losses, inexperienced traders are not advised to use too high leverage.

Spreads & Commissions

Spreads, as tested with a demo account on their web-based trading platform, were quite attractive. The benchmark EURUSD spread fluctuated between 0,4 and 0,5 pips. Still, because the broker is unregulated, this is too low to be true.

Trading Platform Available

When it comes to trading platform available, what Roiteks offers is a proprietary platform, not the industry recognized MT4 or MT5 trading platform.

Deposit& Withdrawal

Currently the only payment methods accepted by Roiteks are credit cards like VISA and MasterCard and bank wire.