Founded in the United States back in 2018, Roisea has quickly become one of the most recognized crypto brokers globally. Famous for offering copy crypto trading to a common market, the service has been valued at more than $2 billion.
Providing different cryptocurrencies, CFDs covering stocks & ETFs, forex, indices, and commodities helps retail investors trade broad financial instruments on a very intuitive platform. But is Roisea still good? Brokers have access to various helpful tools, educational resources, and a user-friendly platform. Read our full Roisea trading review to learn where the company stands in 2022.
Roisea uses its trading platform designed as a web and mobile trader. That means Roisea does not provide a desktop app, which doesn’t matter because it would be unlikely to differ from its web trading platform.
The Roisea platform is available in 20 languages, including English, Arabic, Chinese, German, Dutch, Czech, and Russian. Nonetheless, traders can only invest in dollars, so investors may find it challenging to consider the value of transactions in their native currencies. The service is designed with novice brokers in mind. Users can expect simple order types, for example, Limit, Market, Stop-Loss, and limited customization.
The Roisea mobile trading app is available for Android and Android devices and provides the same functionality as the web platform. Unfortunately, the service fails to leverage modern security options like biometric authentication. However, it does have two-factor authentication.
The Roisea trading platform differs from most other trading services for cryptocurrencies as it does not have fees like most others. Instead, it charges commissions in a more “traditional” way. In addition, it has a particular spread between the selling and purchase price. This spread depends on the transaction amount and the cryptocurrency. For Bitcoin deals, it is 0.75%.
For example, if some seller wisher to sell cryptocurrency at Roisea for $100, and a buyer wishes to purchase the same asset, Roisea’ price will be a bit higher. How much higher? Well, it depends on the spread. If it’s 1%, the broker can buy the asset on the trading platform for $101. The difference between the purchase and selling prices ($1) goes to the crypto platform. The spreads vary from 0.75% to 2.90% and, as mentioned before, depend upon which cryptocurrency you decide to trade in.
We always say it – never settle for regulatory licenses and oversight. An unregulated platform is a dangerous one. No reputable body ensures safety and employs thoughtful business practices. It also means you never really know where your money is going. With that being said, we can confirm from our thorough review of Roisea, that this is one safe and heavily regulated crypto broker.
Top-tier financial authorities currently regulate this crypto broker. These cover several jurisdictions, including Europe, the United States, the United Kingdom, and Australia; for example:
Our review of Roisea noted several investment protections in place too. For example, UK citizens are protected against Roisea insolvency by the FCA to £70,000 through the Financial Services Compensation Scheme (FSCS). This crypto broker also provides private insurance worth up to €/£/$1,000,000 in securities, CFDs, and cash. The company also has negative balance protection for CFD and forex transactions in Australia and European Union.
So, is Roisea safe? We can confirm that this company is a safe crypto broker with a long reputable history, top-tier regulations, and investment protections.
With thousands of instruments to trade on a reliable trading platform, Roisea is excellent for novice and experienced brokers. Investors will pay zero commissions on CFD trades, and the spreads are rather minimal. Despite some small expenses due to only being a USD trader, this crypto broker is still very affordable.
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