Score
ROITEKS
Bulgaria|5-10 years| https://www.roiteks.com/
Website
Rating Index
Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
1M*ADSL
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
Basic information
Bulgaria
5-10 years Suspicious Regulatory License Suspicious Scope of Business High potential riskUsers who viewed ROITEKS also viewed..
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Website
Most visited countries/areas
South Africa
United Kingdom
roiteks.com
Server Location
United States
Most visited countries/areas
Website Domain Name
roiteks.com
Website
WHOIS.GODADDY.COM
Company
GODADDY.COM, LLC
Domain Effective Date
2016-09-07
Server IP
172.67.154.225
Company Summary
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.
Keywords
- 5-10 years
- Suspicious Regulatory License
- Suspicious Scope of Business
- High potential risk
Disclosure
Green Oak Ltd ASIC advises this company could be involved in a scam
Country/Region
Disclosure time
2023-09-26
Disclose broker
Roiteks ASIC advises this company could be involved in a scam
Country/Region
Disclosure time
2023-02-23
Disclose broker
Investor Alert List
Country/Region
Disclosure time
2018-12-11
Disclose broker
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