Oinvest

Oinvest
Positive
Neutral
Negative

3.5

3.5/5
Oinvest

3.5

3.5/5
Positive
Neutral
Negative

Oinvest Experience and Test 2021

71% of retail investor accounts lose money, …

FSA

Regulation

396742

License

Customer Support

Oinvest

Oinvest

3.5

3.5/5
Oinvest

Oinvest

3.5

3.5/5

Overview

Oinvest South Africa Review 2021: Oinvest is a leading South African CFD provider operated by the parent company Basfour 3773 (Proprietary) Limited. Serving retail investors since 2019, this online CFD provider has a long history and experience in serving South African residents to the fullest extent.

Oinvest south africa is a fully regulated broker, is  having obtained a license from the local regulatory agency Financial Sector Conduct Authority (FSCA) formerly known as the FSB. The information about all FSCA regulated brokers can be found directly on the FSCA website. Oinvest operates under the FSP license number 42020 and complies with the high standards imposed by the FSCA.

Is Oinvest scam?

No, Oinvest is not a scam. It is a safe platform to invest with. The authentic South African regulatory authority, the Financial Sector Conduct Authority (FSCA), regulates the broker. It keeps a close watch on activities of the broker and warns them or can cancel a licence if they find the broker’s involvement in the scam.

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Oinvest
3.5
3.5/5

Our recommendation: Trading at Oinvest

  • 30 indicators for trading 
  • Broad technical analysis 
  • Easy execution orders 
  • 3 platforms available including, mobile app, MT4 and WebTrader
  • Get leverage up to 1:400

Advantages and disadvantages of Oinvest

  • License: The Financial Sector Conduct Authority (FSCA)
  • Ultra-fast execution speeds
  • Execution speed: 0.05 sec on average
  • Web Trader
  • Mobile Trader
  • More than 350 tradable assets, including cryptocurrency, forex stocks, commodity, and indices
  • Instant trade execution on just one click
  • MT5 Absent

Oinvest Trading Account Type

The broker offers three different types of the retail account, named gold account, silver account, and platinum account. Along with this, it puts up a professional account, Islamic trading account, and demo or virtual trading account.

These accounts provide investors with personalised leverage and spread concerning the size of investments and level of activity. The benefits for each account are listed in the table provided below:

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
EUR/GBP 1.6 2.6 0.9
NZD/USD 2.1 3.1 1.4
Crude Oil 0.05 0.07 0.03
Dax 1.5 2 1
Gold 0.48 0.59 0.37

Account Opening

The process for opening a trading account with the broker is simple. It requires three simple steps.

1) Visit the site of Oinvest. Get yourself registered by entering details such as name, surname, profession, email ID, and phone number for OTP verification.

2) Upload the documents. Keep these documents scanned beforehand:

1. Proof of identification: Latest scanned passport (in jpg or pdf format). If the passport is not available or expired, you can upload any document which contains your photo such as a driving licence and national ID card.

2. Address proof: Bank statement and utility bill (not older than the past six months). Also, ensure that your physical address and name is clearly visible

Oinvest
3.5
3.5/5

Our recommendation: Trading at Oinvest

  • 30 indicators for trading 
  • Broad technical analysis 
  • Easy execution orders 
  • 3 platforms available including, mobile app, MT4 and WebTrader
  • Get leverage up to 1:400

Oinvest Trading Instruments and Markets

1) Forex or currency trading through complex financial derivatives 

Oinvest provides a wide range of currency pairs to enhance the trading portfolio. They offer more than 50 forex pairs to serve the purpose.

2) Commodity trading through complex financial derivatives 

The broker provides trading on the world’s leading commodities, including gold, coffee, oil, and several others. It further provides traders with an easy way to begin commodity trading.

3) Indices trading through complex financial derivatives 

The financial service provider offers trading on leading and popular indices across the globe including, the USA, Asia and Europe.

4) Stock trading through complex financial derivatives 

The broker has made it easy for investors to trade with the most famous stocks through CFDs. It covers a wide range of top international firms.

Oinvest Commissions and Fee

Trading with the broker is absolutely commission-free. However, traders have to pay swaps and spread charges. The broker also allows certain discounts on the swap charges.

Providers Oinvest 
Inactivity fees  Need to pay
Withdrawal and deposit fees None
Deposit and withdrawal  No charges applied 
Overnight financing fee  Some charges

Oinvest Leverage

The leverage offered on various markets and assets are listed in the table below:

Leverage
Silver and gold 1:50 1:100 1:125
FX 1:200 1:400 1:400
Commodities 1:50 1:100 1:125
Stocks / Equities 1:20 1:40 1:50
Indices 1:50 1:100 1:125

Oinvest Deposit and Withdrawal

The financial service provider allows its customers to withdraw and deposit funds using several payment methods. These methods include:

  • credit or debit cards
  • bank wire transfer
  • Neteller
  • Mastercard
  • Skrill
  • VPay
  • Maestro
  • SSL
  • Verified by VISA
  • VISA
  • Some other e-wallet and cryptocurrency methods

Deposits request proceeds instantly, whereas withdrawals take about three to five business days to proceed. For withdrawals, traders require to fill the withdrawal form given on the website of the broker.

Oinvest Trading Platform

WebTrader Platform

Web Trader is a web-based online trading platform. It offers investors complete access to financial market data from any device with a mandatory internet connection. Using the broker’s Web Trader, clients can trade quickly and can also control their investments. The analytical tools present in the platform allows traders to make a thoughtful and quick decision. Along with this, investors also get access to all the market information they need.

Key features provided by the WebTrader platform

  • Demo Account
  • Live Analysis and Charts
  • Visual Trends
  • Trading Cubes

MetaTrader 4 Online

MetaTrader 4 or in short MT 4 is one of the globally accepted and top downloadable online trading platforms. It makes trading instant and simple with its powerful trading features which put investors in control. Investors can manage their trading positions, close open positions, analyse market trends and prices, and can place trades instantly.

Key features provided by MetaTrader 4:

  • Easy execution orders
  • Broad technical analysis
  • Capability one-click trading
  • Industry-topping analytical

Company Details

Assets

  • Cryptocurrencies
  • Commodities
  • Indices
  • Stocks
  • Forex 40+

Basic

  • Country: Seychelles
  • Registration number: 396742
  • Regulation: FSA

Customer Service

Oinvest
3.5
3.5/5

Our recommendation: Trading at Oinvest

  • 30 indicators for trading 
  • Broad technical analysis 
  • Easy execution orders 
  • 3 platforms available including, mobile app, MT4 and WebTrader
  • Get leverage up to 1:400

Oinvest Mobile apps

The mobile app provided by the broker works well with two biggest mobile platforms, Android and iOS. It has all the functionalities and features which traders get on the desktop trading platform.

Key features provided by Mobile apps:

  • Anywhere and anytime trading
  • Access to active markets
  • Interactive Charts
  • Track price shifts in real-time
  • Three charts: candlesticks, bars and lie
  • Switching and scrolling between time frames

Customer Service

Oinvest has a dedicated customer support team to answer trader’s queries, available from Monday to Friday between 5 AM to 5 PM. Apart from the telephonic query, you can also raise your concern through email, query form (available on the website of the book), and live chat options.

Contact details

Headquarter: Suite 302, Third Floor, Ridge 6, 20 Ncondo Place, Ridgeside, Umhlanga, 4319, South Africa

Phone: +27 108806194

Email

Education and Research Support

Learning is a never-ending process. Keeping this in mind, the broker has designed various educational courses for both beginner and experienced traders. It contains important financial market concepts such as how to start financial trading, how MetaTrader 4 works, technical and fundamental indicators, and their importance while trading.

The Oinvest Educational Center includes:

  • Courses
  • Articles
  • Tutorials
  • Videos on demand
  • Ebooks

Research

The research tools available with the broker are:

  • Earnings calendar
  • Report season calendar
  • Trading signal

Bottom Line

Oinvest is a safe brokerage firm working under the guidelines of an authentic local regulatory authority, the Financial Sector Conduct Authority (FSCA). It allows South African traders and investors to trade on a wide range of assets at affordable rates, tight spreads, and good leverage.

The broker also ensures the security of personal information, trading accounts, and transactions. It employs various safeguard tools such as strict firewall protection and SSL encryption to serve the purpose.

FAQs

Yes, The broker is highly regulated and authorised by the FSCA. It is the safest trading venture.

The minimum deposit is $250

yes the broker offers advanced trading platform MT4

The broker charges variable and very competative spreads

The maximum leverage is 1:30

The broker is a highly regulated and authorised brokerage firm. it offers exceptional trading services and conditions to its clients.

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